Omaha Daily Bee Newspaper, February 16, 1890, Page 15

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

“ THE OMAHA DAILY BEE: SUNDAY, FEBRUARY 16, 1800.~SIXTEEN PAGES. THE CONDITION OF TRADE. Money in Good Supply and Prime Paper Quoted Easler. N GENERAL TRADE MUCH BETTER. The lLocal Produce Market in a Somewhat Demoralizea Condition ~Collections Only Fair—Ine crease in Kailures® The Local Commercial Situation. Mr. Hughes, manager of the ciearing house, reports the footings for the week ending tho 15th inst. as $1,430,020.40, creaso of 21 7:10 per ceat. supply and the market for prime paper may be called easy. Rates are firm at 8 to 10 per cent. < General trado is better than & week ago ana jobbers in most lines are in receipt of liberal orders both by mail and from their salesmen on the road. Dry goods, notion and grocery mep especially note greater uctivity and the volume of sales n these lines is in excess cf that of last year, Clothing, rubber goods and boots and shoes are nov 8o active, but there is a fair movement, and in hardware, lumber and building material there is a per- ceptible improvement and indications of a satisfactory spring trade. The local pro- duce market 18 still in & somewhat demoral- ized condition, especiully as regards epgs and butter; receipts of poultry have been light, however, and prices are well sustained. Tgys are down to 11@12c for strictly fresh, and good country roll butter is quotable at not over 9 to 10c. As hus been heretofore said in this column the great Dbulk of tho receipts of butter at Omaha is poor stuff, it only to be sold to packers aud worked over. Butter is fre- quently packed in the same box with dressed poultry and arrives tainted aud unsaleable. 1f shippers will_exerciso ordinary common sense and care in packing butter and poultry for this market they will find their reward in the enhanced prices obtmnable, 'The market for game 18 dull and there is little demand exceptfor ducks and geese which are wanted. There 1s a [fair demand for veal—a light demand for Dbeans—while vegetables are in fair request. Collectiofis ure only fair and there have been more failures reported this woek than Jast, but not any of largo amount, until yes- tercay, when G. t{. Muck & Co. of Omaha, wholeshle cigars and toba secured their creditors by chattel mortgages on their stock und actounts, and ex-Sheriff Coburn took possession as custodian for the Flirst National bank of this city on a claim amounting to abaut §7,000. It is understood 000 to $50,000, and 8 in_excess of the Igtter nmount it is believed he cun make a Aettlement tnd shortly resume. In fact the apinion of these familiar with the affairs of the firm 18 that Mack showed undue haste in putting his assets nto the hands of credi- itors, He was pressed for a comparatively small amount by the agent of an eastern jobber, and was threatened with suit, and hastily determined to secure his prin- cipal oveditors sby mortgages, whereas he could, readily have borrowed sufticient for his needs and contwmued in business. The Northwestern Shot Tower company of Omaha designs extending its businoss and plant, and to this end tho Messrs. Blatch- fokd, weaithy capitalists of Chicago, who are the principal stockholders, wisited Omaha last week and 'throuzh Major T. 8. Clarkson purchased & large piece of trackage property on which they will erect for the use of the company a now and cxtensive plant and greatly increase their facilities and output. There have been but few changes in prices or staples.the ast week. Sugars are some- ‘what firoier, but quotations are unchanged. Joffécy, pre Jower, the market dulland barely tealy. Cotton goods ave firm, with a tend- “ency to advance. The Northwestern Miller says of tha Min- neapolis flour market: Thore was a gain in the flonr output last week, the figures being 115,880 barrels—averaging about 19,813 bar- rels daily—against 108,130 barrels the weok ‘before auu 90,480 for the corresponding tune an 1889. The mills are runuoing even stronger this week; though in the 906 of the pro- valing markets this will probably not last long. “There were sixteen in motion yes- terday, producing at the rate of 22,000 ‘bar- rols per twenty-four hours, _Some of these, however; will not get in u full week's work ~and the average will doubtless fall below the flgures named. An attempt was made last week to patch up the water pool, but it was without wuvail, The work of [tearing .down the old trestls work rut o the rear of the wikls * will begin next week aud from that on for two or three mouths the group of mills lo- cnted on:it will buve to get ulong with cur- tailed shipping facilities. There is no 1n- provement to veport of tho flour market. Few orders are coming 1n and a good den®of the.ourrent production has to go into_store. Prices are sbout the same, though no “atrong. THe export trade is light, with ~offers gradually sinking, The direct exports of flour for the week were 350,850 barrels aganss 83,100 barrels the preceding weelk. TLontton quotations for 350 1bs c. Patents, 30, #d to 81s, to 2us, i ; _the.crap of Rio coffee this season 3,500,000 Dugs is 4 full estimate, which with 5,500,000 / bags for Santos gives & total supply of about 6,000,000 bags. ¢ Kateas manufactured 547,224 brls and 19,~ 1056 tons of salt last year, The Canadian governmeat has refused to abolish the duty on corn imported for the use of distillers, The production of anthracite coal during 1ast month was 2,446,776 tons, being 519,666 tons less than for the same month last year. *‘Edible tallow” is a new term in the mar- ket. The material so eharacterized com- “Sm. mands 4 premium of @e over tho ordi- > nary grade, which i now quotable at about 40 at wholesale. City retail trade 13 improving and the prin- cipal dealers report o good trade, with col- luctions better. e OMAHA LIVE STOOK. Cacue. Saturday, Feb. 15, Receipts of cattle estimated at 1,600, pared with 2,059 roceived yestorda, ‘quality is bnly ordinary, no prime or fancy cattle being among the fresh receipts, ‘Lhe reopipts for tho week wore 10,295, compared with 11,584 for the week previous. ‘The wmarket oo steers opened slow this morning and dragged along with sales soarcely var: dng from yesterday's pri Some sellers thought they wero compelled to take & shade lower for their least desirable stuff while the wmajority were of the opinion that the slow market gives no change 1n pricy 'he fow faucy and prime steers that occasionplly come in continue to command gooa steady prices. The cow market opened active, wany of the sales indicating a shade’s ad- vance, Everything in the cow line was sold ""5 on & strong or advancing wmarket. Feeders and stockers continue active at steady prices, Iverything at all desirable of all grades and kinds is selling at about steady prices. Ouly one bunch of steers touched the £4.00 mark. 1he bulk of the sales were at 5@3.75, The bulk of the cows sold at 20250, Feeders ranged {from $2.40 up 0 $3.85, the bulk selling at $3.00@3 35, Hogw. Hog receipts 2,90v compared with 8,063 estorday. ‘Thero were "wmo very good fows o market today and funcy selected butcher weights ran up 100 to 15¢, the top being #3.95. The receipts of tne week have been 15,703, compared with 18,702 last weelk. The averago price last Mond, was §3,77¢ and the average today will not mate- rially ‘lml;“il.h" e nllur:udt nwok & big ump on butchers' pelec 0gs, is steady strong os the gene: markel with a few of the poorest quality bard to dispose u.‘{ prices, “Thirtoen salos of selected light butobers’ weights sold at $3.90 wnd one lot ut §8.05. Others thau these the bulk sol at $3.70@3.80, Although the rage pri cates un advance of about be, thy Was 0o real advance in the market, Orders for special seloctions hud to be filled heuce the 1% to 150 jump ou butchers', The mar- ket closed steady with all sola. Sheep, yestorday, - Some 84-pound [ambs sold av £5.25, while some ordinary corn-fed ewes brought $5.00. The sheep market continues active and stead, Trovailing Peioos. ‘The following is a table of prices paid in his market for the grades of stock men- joned Prime steers, 1300 to 1600 1bs Good steor Good steers, 1050 to 1800 1bs. .. 8.20 Common 1000 to 1150 [b steers, 2.90 Common 8. wl Ordinary to 1 Fair to good cows. Good 10 chioice cows Choice to fancy cows Fair to good bulls. Chojce to fancy bulls Light stockers and feeders. ... Foeders, 950 to 1100 1bs. .. 2, Fair to choice light hogs Faur to choiee beavy hogs Fair to choice mixi (@4.30 $3.80 150 (@400 @3.80 i1 Highest and Lowest Sales of Today. Yesterday. Highest $5.80 Lowest. .83.05 5.65 Highes! Lowest . &tock Receipts. Official yesterday, Estimatod today. Cattle B1 “cars,..2050° Cattle, 51 cars, ...1630 Hogs, 46 cars....3054 Hogs, 8 cars....2300 Sheep, 8 cars.... 508 Sheep, 8 cars.... 400 Avernge Cost ot Hogs. The following table gives the nverage cost of hogs on the dates mentioned, 1nciuding the cost today, as based upon sales roported : >rico, Date, Price, feb, 10 Feb, 11 Feb, 18 Feb, 18 WY Feob. 1. 71 Feb, 15.. . 3 78§ Prices—Hogs. The following table shows the range of ricos patd for hoga: Light and medium hogs......$3 10 @ 100d to choice mixed hogs Good to choico heavy hogs. 05 70 (@3 80 370 (@3 ST Range of Prices—sheen. The following table shows the range of prices paid for sheep. Prime fat sheep. $50 @5 % 300d fat shoap. 350 (@4 50 200 @375 Common 1o mes 100 @600 Lambs Comparative Tables, The following tables show the range in prices on hogs during this and last week: This week, | Last weok. onda; Tuesday. . Wednesday Thursday Average Price of Rogs. Showing the average price paid for loads of hogs on the days wdicated in 1957, 1333 0% ob, 1858, Fob, 1887, Showing the number of cattle bought by the leading buyers on to-day's market: Buyers, Swift & Co George H. Hammond &Co...... The Armour-Cudahy Packing company . Heoton & Underwood Lee Rothschild. .... R. Becker. 3 Shippers and Feeders.... . For the week ending Saturday, ary 15: Bwift & Co . George H. on ‘'he Armour-Cudahy Packing Owmnba Packmg Co s Sbippers and faeders. ... ... ) Hogs. Showing the number of hogs bought by the leading buyers o today’s marke Armour-Cudaby Packing company Omaha Packing company.......... Swift & Co. George H. Hi For the week eading Saturdsy, Fobraary Armour Cudaby Packing compauy. Omaha Packiug company. Swift & COMPRLY ...ovuii.ss.iress G. H. Hamwond Packing compan) Morgan. ... .. Sheen. Showing the number of sheep bought by leading buyers on today’s marker: George H. Hummond & Co..... Swift & Co Booe Packing company For the week ending Saturday, 15. Swift& Company. ........ Armour-Cudahy Proking Co Geo. H. Hammond Bogue Packing Ca 104 800 . . B3 February . 1,158 366 RKepresontative Sales. STEERS. Pr. 8 00 3 = EBEEEREEEERE Srrece®n®neBEnwoms o ES BB B B D uuwuvguwuu:&azuuuun—-—- EIELEEEREEHLE BrErERE - SrrrsLEeEE EnEnScE8 S&duaBeznEs X werEen g5 SZLEEEEE wewkwen & 8% Biriinns. 970 250 STERMS, YEARLINGS, 630 800 CALVES, 850 "o WRSTERN OATTL Owner. No. Standard Cattle company. 18 heifers, cornfed, 0 heifers, cornfed 25 steers, cornfed. . o8, Sh. Pr. Sheep. There wore o few good wostorn sheop hero which sold readily at $5.00 with u few lambs at $5.95. The demand was good and the market firm, Representative Sales. No. 82 westerns, cornfed . 104 westorns, cornfed. 83 wostorns, cornfed 176 westeras, cornfed. 41 lambs. .. Live Stock Notes, Acting Prosident W. N. Babcock has is- sued the following order: With a view of relieving so far as may be in our power the present depressed condition of the live stock and farming iuterests of Nebraska and she country tributary to the South Omaha mar- ket, tnis compauy will reduce the price of corn fed to stock in thesa yards from $1 to 500 per_bushel, tuking effect Monday, Feb- ruary 17, 1890. B. F. Hake of California was at the yards today, the guest of his brother, J. A, Huke. Hogs firm. Good steers in demand. Cow stuffs strong. Steers steady. Hogs touched $3.95, tho highest during tho year. OMAHA WHOLESALE MARKETS. Produce, Fruits, Eto, rictly fresh, 14@16c. v, Erc.—Green salted , 23c; dry flint 3 8, 44 @bc; damaged 2¢ less; sheep pelts, green, oach, 2@ $1.00; sheep pelts, dry, per 1b, 7@1315c; tal- low, No. 1, 8ige; No. 3, Bo; grease, white, s@ic: yellow, 244! ButTER—Creamery, 16@18¢; choice, 15@l6e. Dairy, fancy, 14@lb6e; choice, 11@ Country, fancy, 11@12c; good to choice, fair, 7@sc: inferior, 4@be. er bbl common, $2.00@2.25; 50@3.00; fancy, $4.00@5.00. Mear—8c per 1b. —15@16¢ per 1b for choice. RVES --8@10¢ per Lk, JeLLIES—4@d3ge per 1v. e WAX—NO. 1, 16@19c. € Pias 'eer—Pickled, kits, 70c; spiced pigs tongues, kits, $2,35; pickled trive, kits, 65¢; pickled H. C. tripe, kits, 85c; spiced pigs hocks, kits, $1.12. Cn Young Americas, full cream, 12c; factory twins, 11}gc; off gradgs, 7@sc: Van Rossen-Edam, $11.50 per doz; sap sago, 23c; brick, 12:5c; limburger, 1lo; domastio Swiss, 18@14c: imp. Swiss, 26¢, Frour—state, SN@L00; funcy, $.0@ Lesoxs—Fancy, $5.00@6.00; choice, $3.50 00, LEny—Por doz, 80c. CALIFORNIA GAPES—§2.00; pears, 82.75. Miss Pork—Per bbl, $0.75@10.75. BANANAs—According to size, per bunch. 0ANUTS—Per 100, $5.00. AppLE BUTTER—OC. OnaxaEs—Florida, per box, $3.00@5.00. BUCKWHEAT FLovi—Per bbl, $1.75@5.50 WooL—Fine, averagey 2@ average, 21@2%c; quarter blood, average, 18 @2c; coarse, average, 15@17c; cotts and rough, average, 14@16c. Cony—18c. Oats—| VEaL—Choice, medium size, 6@8c: choice, heavy, 4@tc. Livi PioeoNs—Por doz, $1.50, Prokurs—Medium, per 'bbi, $4.75; small, 5.75; gherkins, $6.75;C & B cnow chow, qts, $6,85; pis, $3.85. Pourruy—Dressed, per Ib—Chickens, 6@ Sc; ducks, 9@l0c; geese, 10@llc; wurkeys, Y@lle. o PoriTors—50@35c for choice; common, 20@25e. Sw 5,50 balf bbis, 83.%0. MAPLE SUGAR—I2@L5e per b, Funs—Beuver, per 1b, $2.00@4.00; otter, each, $3.00@7.00; wolf, 'euch, 81.50@2.00: coon, each, 25@7be; mink, each, 15(@H0 muskrat, fall, d@lle; skunk, rat, 250 t, 25@s0c; deer skins, fall, per 1b, 18@270; winter, 20@80c. Beans—Choice band pioked navy, $L75@ | 2,00; chioicehand pickled medium, $1.65@1.70 cioice band pickled country, '$1.50(01. clean country, $1.25@1.50; inferior country, $1.00@1.25, ProvisioNs—Hams, No.1, 161b average, 9igo; 20t 23 1bs, Sigo; 12'to 14 1bs, 93{o; shoulders, fic; breakfast bacon, No. 1, 8 bam sausage, Sci dried beef hams, 7 beef tongues, $6.00 per dozen; dry salt meats, 5@bkic per 1b; huth rouletto, 6)4¢0; add 1o per 1b for smull lots. Hav—Choice upland, $6.00@0.25; midiand, .50; lowland, §2.50. Cuor Prep-—§18,50, BRrAN—$10.50, Ditiep Fuvir—Currant, new, 5%¢c; prunes, casks 1,500 Ibs, be; prunes, bbls or bags, 5i{e: citron peol, drums, 20 Ibs, 22c: lemon peel, drums, 18c; furd dates, boxes 13 Ib 10c; npricots, cnoice evaporated, 1405 Bpris cots, elly, oured, 25 1b boxes, 1603 apricots, fancy, 25 ib boxes, 16o; apricots, choice bags, 80 bs, 143¢o; aprioots, evaporated, Alden, 50 1b boxes, dc; apples, star, 81{c; appies, fancy lden, 5'1b," 10c; apples, fancy, Alden, 8 Ib {o; biuckvorries, cherries, pitted, ary ocured, 1%; pears, California fancy, i boxes, 25 Ib, 13¢; peaches, Cal. No. 1, fanc; 3¢s, unp bags, 80 1b, 15c; nectarioes, red, 1 nectarines, silver boxes, 15c; pitted plums, Cal. 25 1b boxes, 81go: raspberries, evap, N. Y., new, 25lc; prunes, R. O. 60-70, 9@dsfe; orange poel, 13¢; raisins, California’ London crop 1889, §3.415; Cal. loose, muscatels, oro 1889, $3.00; “Valencias, 1838, 6e; Valencias new, Sigci Cal. scedless, sk, 787c. CANNED Goons—Fruits,California Canned Goods, Standard Brands, 2i¢ibs, per doz— Apricots, $LT0@L55; apricots, 'pie fruit, $1.56; gallons, $150; " bluckberries, chorries, binok, 82.00@2.25; cherri $2.25@2.50; grapes, $1.65@1.80; pear: lett, §2,10(@3.20, peaches, yellow, $2.10@2.25; cues, lemon cling, #2.85; plu: 1.65@L80; plums, gold drops, $1.80; grean gages, $1 with pitts in, ern standards, $2.50; 3 1b pie, $1.10; 6 1b pie, #2.00; gallon, pie, $.00; appies, bigh stand. ards, $250; 21b gooseberries,0c; flfb raw- berries, 80(@50, 2 lb rasoberries, $1.00; 2 1b blueberries, S0@%0c; 2 1b blackberries, 65@ 70 £ 1b strawberris preserved, $1.80; 2 lb raspberries, preserved, $1.80; 21b biackber- ries, preserved $1.20; pineappies, Babama oppod, 82.00; % 1b lahama grated, £70; 3 1b Hahawa sliced, $2.50; 2 1b Standard slicea, 3-9%1@[.50; cherries, 2 1b red, Baltimore, 85 CanxeD Frsu—-Brook trout, 81b, $2.25; sal- mon trout, 2 1b, $2.25; clams, 1 I, $1.25; clams, 2 1b, $2,00: clam chowder, 8 1b, ' §2.40; deviled crabs, 1 ,?25 doviled crabs, 2 1b, $3.50; codfish balls, 2 B, $1.75; caviar, = .25 .Blli'h 1B, 6{ 3 urnwu' 1, $1.60; lobsters, 2 1, §2.05; lobsters, deviled, » M, 25; mackerel, 1 b, §1.75; mac mu 31, §3.95; m 1. evapor | THE SPECULATIVE MARKETS. An Active Sessibndm Wheat After a Weak Qpening. CORN ACTS VERY STUBBORN. Provisions Slow, With Most of the Business Dono ofa Looal Soalp- ing Characteré=Cattlo and Hog Prices. CRICAGO PRODUCE MARKETS, Cnicago, Feb, 15.—|Special Telegram to Tras Bee,]—The wheat market was active again today with varying succoss for the bulls. The opening was weak because the wenthor all over the country, even up in Dakota, was of the finest. May started at 7i34c, or 44c off from last night. Then there was free selling by small holders, who took wheat on the bulge late yesterday and the heavy hammering of the market by Par. dridge. Under all this pressure pricos only yielded to Some sensational via Paris, stating that Bor- lin markets were up on damage by frost to German winter wheat. On this and tho turn in buyiug by the trade, hoaded by M Cormick & Co., Poole, Stierman and Buke the price went flying up to e for May. There were some other isems of bull news, Minneapolis sant dis ming a de- crease i stocks 1 country clevators i the northwest for the month of 2,000,000 bushels, Out-iuspection of wheat hero for the week has been fair, It was soon evident that only the small shorts were run in ou the bulge to 78c and the pounding process was renowed. Pardrige worked his utmost all day to break the market. Schwartz sold 800,000, supposed to be for himself, on the second decline. It was 1 o'clock when the price of May was finally worked down to the lowest figure of the morning—iT4@ Tic. Wheat was weak at the close and 80ld at the bottom vrices for the day—Feb- ruary 743ge, March 75¢, May 77i¢c, June 773¢, July 763c, nomiaal, ‘I'he corn market acted stubborn, with ouly a very slight decline from the spening prices. Later i the day the spirit of trado changed. Receiving house snd elevator men turned sellers in the pit. Counselman was a prominent seller and Schwartz & Dupee were free sellers. There was mo special news, but the large recewts, flue weather and the immensity of \he crop held by farm- ers seems to cause the trade to think there isno bottom for prices. At present May corn is selling 33¢c lower than it has sold in the month of May for a quarter of a cen- tury. Chicago shipments wero 203,000 bushels. Prices were as follows: February closea at 27'gc; March sold at 28%/c and was 23¢ at the close: May 80)c and off to 20%c; January 205{c, July 3lc and off August closed at 81c seller. In oats there was a qud volume of busi- ness, but it fell slizhtly below thatof yester- day. The feoling was unsettled, the open- ing being weaker at }ea!{c lower, There was free unloading by'prominent local longs und the market for (- time became very | weal, the shorts bought freely ana prices advanced %@3go. Later n the session the weakness in wheat and the continued un- soading produced a heavy feeling, and prices receded sharply, deferréd futures declining 3¢ from the outside figures of the morning and the market cloged’ tame ot the inside at a net aecline of 3o on:May. @igc on June, %con July and igc on nearby deliveries. The provision marketavas slow again to- day and most of the business was of a local character. First prices were steady com- pured with last night,’but the tendency was slightly downward all-diy. It was not until near the close that Muy : pork was worked down to $0.07}, or' 10m under theopening price Lara was but mytrifie easier. - Short ribs 80ld about i Jowdy: for leading futures. CHI1CAGO L1VE STOOK. CricAeo, Feb. 15 —[Speoial Telegram to Tae Bei -Carrie—3usiness was rather slow even for Saturday. About half the fresh receipts belonged to the dressed beef operators, the same having been bought jn | Kansas City and sent on direct to Chicago, hence there was barely a sufficient number on sale to make a market or gt buyers out to look over stock. Hammond and Swift wero out of the market. Shippers were not. buving to any great extent, consequently business was limited to a sort of peddling trade, with prices about the same as at the close yosterdiy on about all classes. Choice to extra beeves, $480@5 00; medium to good steers, 1850 to 1bs, $4.00@ @4.60: 1,200 to 1,850 $3.40@4.20; 950 stockers and 00 fed steors, $2,80@3.50. HoaGs—I3usiness opened active, with ship- pers auxious buyers, 5o much 80 thuv they were willing to pay 5o more than yesterduy, quite a number of prime_and fancy heavy selling oasy at $4.00@4.03, but after the ship- pers had all they wanted values fell back again to £3.00(3,95, or about the same as at tho close yosterday. Packers paid as low as $3,75@3.85 for a fow odds and ends, but tho bulk cost #3.90@895. Light sorts were scarce and sold largely st $4.00@4.10, ono sale being made at$4.15 FINANCIAL. NEw York, Feb, 15.—|Spscial Telegram to Tas Bee.| — Stocks—~There was no ex- pression of hopefulness for today’s market at the centers where stock brokers assem- bled last nignt, A dull day was anticipated, with no change in values unless new influ- ences are felt. There were no new foatures, unless a decrease of $2,136,000 in the reserves at the banks or the prospect of the rate treubles extendiug to the Missouri river may be considered. At the opening there was none of the strength of yesterday af- noon except on Sugar Refineries. The gen- eral market was dull, though Rock Istand and Louisville & Nashville showed consid- erable animation, First prices were gen- erally stendy, though Cotton Oil was down 8 per cent, but in the regular list the de- cline began immediately and Rock [sland, Louisville & Nashville and Wisconsin Cen- tral took the lead in the downward move- ment and were afterjyards joined by Mis- souri Pacific. Louisville & Nashville made the most important dgeiine, ana after open- ing at 88} ex-righls, against 88% last evening, it rotired g7, Sugar opened up ¥ to 683 and furtbpr advanced on very large business o 6034 fbut later lost about all of the improvementio: Cotton Oil also re- covered its openingldecline, but declined again, retiring to thé mpening price. The second and last hour bf®the session was af- fected by the bank stdtement, and pricos all through the lst“#élched lower figures, Chicago Gas went ot 4845 on a rumor that g8s was to bo made ¢haper. Sugar went mearly a point under ¥M¢ price last night at the close at 67%. Lotsville touched 87 and closed but a fraction hgtter. Lake Shore, New England, Transgqtitinental and North- ern Pacitie each lost from i{ to 3¢ per cent for the doy. Buriington was firmly held, closing at 107, while Northwestern lost but 1§ and Atchison %. Rook Island went off sharply to 92 and Missouri Pacific about the sawe to 74%, while Ubion Pacific lost 3¢ per cent to 66. ‘The following were the closing quotations: . 8. 48 regular. 122y Nosthern Paclilc, .B. 48 coupons ., 19K |do brererred. 8.4 ulal U & N, W I.(%Ieo’«‘l dbh [} u. U. U, MoxEr—On call, easy with no loaus, | choice natwve Prive Meroaxt cont. Sreruie Excmaxor—Duall snd steady; sixty-day bills, $4.52%; demand, $4.87. Pargr — Mining Stook New Yonx, L'eb. 15 —[Spocial Telegram to Tur Brr,|—The following ara the min - ingatock quotations: 0 i %6 00 1000 310 | Novada 190 |Small Hopes 159 [Butter Croek 280 |Homestake 5 |Horn Silver {Iron Silver Mexican Comstock, T sp Doadwood T, Fl Cristo..... Hale & Norcross, PRODUCKE MARKETS, 0. m. elos i{e; May, i March, %c; May, 20%c. Februafy, 200; May, . -Nothing doing. Prime Timothy—$1.20. Flax—Cash, $1.38. Whisky—81.0: Pork — Lower; 0.70; 80.071¢, . Lard—Steady: Fobruary, $5.80; £.021¢. Feburary, May, May, Flour—Steady and better; wintor wheat, £2.00@4.%5; spring wheat, 81,104, rye, 2.50@2.55; buck wheat, $1.25@1.50 per owl. Provisions—Shoulde v clonr, $5, 3 $1.70. Butter—-Steady and unchanged ; creamery, 16@20c; dmiry, 10@31c. Cheese—Stendy und unchanged ;full cream cheddars and flats, §{@9%c; Young Amer icas, 10%/@1037c. Eggs—Steady and unchanged; fresh, 15@ 14¢. f{ides—Stendy and unchanged; hea light groen saited, 6 greon salted calf, calf, Tallow-— No. 1, solid packed, 4c; No. 2, B@8io; cake, do. Receints. 'Shipm'ts. Lee 11000 10,000 115,000 22,000 9,000 204,000 198,000 181,000 ‘ob. 15.—Wheat—Recoipta, exports, 82,7505 spot dull; No.2 red, 85@s5i5c in elovator, 861{c afloat; 857¢@87i40 1. 0. b.; options unchanved, 917,000 bushols, exports, No, 3, 85}¢o in \S@36%c afloat; ungradca mixe 80i5@037c; opuoas steady ; February, 3ol Outs—Iteceipts, 150,000 bushels; oxports, 12,000 bushels: spot' firmer; options fir| February, 27%{c: spot. No. 2 white, mixed western, 26@20c; white, 20(@ Coffee—Options closed steady ; 10@15 voints up; sales, 21,250 bags; Kobruary, $10.15@ 16,25; May, $16.00@10.15; spot Rio firmer; fair cargoes, $19.75. Sugar--Raw, steady; refined, firm, Potroloun—United closed for Maroh at 063, Eges—Firmer; western, 155 @15}c. Pork—Quiet. Lard—Quiot and firmer; westorn steam, $6.20; May, $6.29 oid. Butter—iinest, fi Flgin, 28@28g0; western dairy, creamery, 12@37c. Cheese—Firm; western, S@10c. St. Louis, Fob 15. —Waeat-—Lower; cash, Bi{c; May, 76} @ @ Corn—Lower; cash, 25} Onta—Lower; cash, 20 Pork—Dull; cash, £i0.00. Liard—Nominal at $5. Whisky—Steady at $1.02. Butter—Steady; creamery, 18@25c: dairy, 14@2le. Minneapolis, Fob. 15.—Wheat—Samplo whent actiye; recaipts, 134 cars; shipments, 31 cars, Closing: No, 1 hard, February, g0; May, T8150; on track, Tisc; No. 1 northern, February, T4i§c; May, 763c; on track, 70ige; No. 2northern, February, i2kc; Moy, 74c; on track, T2@7ic. Milwaukee, Fob, 15.— Wheat—Quiet; No. 2 spriug, on track, cash, 71l¢c; May, e, Corn—Quiet; No. 8, on track, 27c. O;W—Q)lml:,.Nv. 2 .white, on track, 22} 28¢.. Rye—Dull; No. 11n store, 48c. i Provisions—Firm ; pork, cash, $9.77. Burley—Eaay; No. 3 in store, 41i5c. Liverpool, Feb. 15 — Wheat — Firm; demand poor: holders offer sparingly; red western winter, 6s 113d per cental. Corn—Weak; demand poor; new mixed western, 8s 81 per cental. Cincinnach, Feb. 15.—~Wheat—Dull; No. Flour.. c. uiet; No. 2 mixed, 81ic. Outs—Weaker; No. 2 mixed, 24}§@2bc. Whisky—8LO02. ¢ Kansas Oity, feb. 15.—Wheat—Lower; No. 2 hara, casb, 63c; No.2 red, cash, 68igc. Corn—Quiet; No. 2 cash 31}0; No, 3 white, cesh, 22¢. . Outs—No, &, cash, 1750, . LIVE STOCK, Ohicago, Feb. 15.—~The Drovers' Journal reports as follows: Cattle—Receipts, 2,000; market beeves, $4.80(wb.00; steers, $3.00@4.60; ers and feeders, $2.40@3.40; Texas co steers, $2.80(@3 50, Hogs -Receipts, mixed, $3.80@4. $3.80@4.15; 8k BO@3.70. Sueep—Receipts, 2,500; market strong; ives, $3.00@5.80: western corn-fed, $1.60 (@5,00; Texans, $3.00@5.00; lambs, $3.00@ 660, 2 National Stook Yards, East Louis, Feb, 15— Cattlo — Heceipts, shipments, 100; market steady taers. $3.40@5.0: and feeders, £2.00@! Hogs—Receipts, 600; shipments, 2,200; market stendy; heavy, $3.85@3.95; packing, $3.90404.00; light, 3.00(@4.05, Sioux City, Fob.15.—Cattle—Recepts, 500; shipments, $00; market steady; can: ners, T5c@$L.85; cows, BL0U@1.U5; stockers, $1.50@2.25; foeders, §5.25@2.00; veal calves, #2008 15, ‘Hogs—Receipts, 2,000; market steady ana unchanged; light, §3 6715@3.75; heavy, $8.70 (@3 80; mixed, $3.00@3.72%. Kansas City. Feb, 15.—Cattle—Receipts, ,000; shipments, 1,850; market strong} feedors lower; ‘stoers, $3.15@4.75; stockers snd féeders, $2.503.40. Hogs — Receipts, 6,600; shipments, 4,000; market higher; all grades, $4.70@3 80. e Weckly Bank Statement. New Yors, feb. 15.—[Special Telegram to Tae Bek|—The weekly bank statement shows the following change: slow, tock- n-fed 15,000: market strong: eavy, $3.80@4.07% ; light, St. 5005 fair to i stockers Specie, Legal tenders, d Deposits, deorease. .., . Circulation, inorease . ) The banks now hold $7,497,100 in excess of the 25 per cent rule. The exports of soecie from thie port of New York last week umounted to $400,356, of which $153,256 was 1n gold and §316,100 silver, The imporis of specle for the week amouated to $157,514, of which $115,641 was 1n gold and $35,878 silver, o —— New York Dry Goods Marker, New Youk, Feb, 15.—[Special Telegram to Tug Bek.]—Business in dry goods .was fair for the closing day of ‘the week and the in- dicationis were favorable for a steady devel- opmentof thavdemand with both agents and obbers. There was no change in the mar- ets at first hauds, but it strong tone was a conspicuous feature. Orange Shipments from California. The freight departments of the South- ern Pacific and Santa Fe ronds are now busily eungaged handling the orange crap which is being shipped east by the usual special orange trains, says the Los Angeles Expross, This evening one of these special trains will leave the Arcade depot for Chicago. It will comprise seveunteen or more cars and seven days will elapse be- fore it will reach its destination. A number of specials have already been sent out over the Santa Fe. The exaet figures showing the number of boxes of oranges that have been shipped east from southern California this season are not attainable at present, but all rail- officials who were interviewed his moroing stated that the shipments to date were twice as great as compared with 1889, % e | COURTING A CONSOLIDATI0 Mark Upton's Roasons for the An- nexation of South Omaha, TWELVESTUBBORN STATEMENTS A Reaumo of the Woek's Business in Real Estatp and Build. Ing — Gossip on . "Change. Twelvo Boasons for Annpxation. Vice-President Upton of the real estate exchage in bis address at the South Omaha meeting on Thursday night presented the following twelve reasons in favor of the annexation of South Omaha to Omaha: Reduction of taxation {n South Omaha to the same proportion ywith Omaka, thus: Assessed Valuation Levy. 1,750,000 27 mills 20,700,000 413¢ wills Actunl Actual Valuation L 400,000 15 wills 000,000 Difference 0.57 mills Taking Salt Lake City as a basis of popu~ lation and wealth, 1t 18 about one-third the sizo of Omuhu. 'Ihere the assessed valua- tion is $15,000,000 on a 50 vor cent_valuation, which will equal $00,000,000 us the actual wealth, It has no paved streets nor public buildings while Omaba has, As Omala 18 three timos us large ns Salt Lake City the actual wealth ought to be three times as ereat, exclusive of public improvemonts, which will make it three timos $90,000,000, or 270,000,000 a8 compared to the actual value of Salt Lake City. On this basis the actual tax levy of Omaha is as follows: Actual valuation, $210,000,000; actual levy, 3 mills. 2. The rate of jnterest on the public debt cau be reduced on bonds for future improve- ments in South Omabu when the two cities are united. In this respect Omaha _has tho advantage of Kansas City, Mo. That city owes §1,045,000 on which 8 per cent_is the ruling rate or about $800,000, On the Omaha debt the ruling rate is 5% and 6 per cent. - 8. The two cities as one can command a better suburban trainservice over the Union Pacific and Belt line into and around the city instead of fragmentary service as now in vogue, 4. It will compel the immediate paving of Twenty-fourth street as the principal thoroughfare between N and Farnam streets. 5. The Louglas street bridge practically uniting Omaha and Council Bluffs led to paving Broadway to the river, but the de- velopment of that beautiful thoroughfaro is retarded by the high toils on the bridwe which.caunot be the case with South Omaha. Counci Bluffs was awakened. Property rose rapidily in value, and that city gained several thousand people, a number of hand= some buildings, und a large hotel is now being erected. 5. The expense of one city government will be less than two. 6. South Omaba s it incroases in popula- tiou must necessarily reguire more school buildings. As one city, the larger available fund wfll give South Omaha flnersiructures, 7. It will cause the two cities to gro®¥ to- gether bringing much available property into market, on account of greater conveniouces, such as now streets, oLc. 8. It will never wterfere with the business centers of South . Owmaha, any more than Leavenworth interferes with Karnam street. On the contrary as the city grows they will gain in prominence. The packing houses, exchange and stack yards will always keeo the South Omuha burks where they are. Many doubtless remember Uhlich's hotel on Twenty-second street in Chicago. South of ‘Tweanty-second street when that hotel was in its prime as the headquarters of the stock- men, was a bure prairie, borderea by timber, very much like the vacant property botween Omaha and South Omaha, L'wenty-second street is now .one of the busiest streets in Chioago. The growth of Chica uthward bas made it 80. The history of Chicago is repeating itself in Omaha and South Omaha. Thenew iort Omaha will be eventually a flourishing suburb. In a few years it will De seeking through friendly legislation, ud- mission to the big city, caused by the union of Omaha and South Omaha. Will we deny the application? 9. South Omahs has become one of the ‘greatest packiog points in the world. Hoth Omaha aud South Omaha are seeking new manufaciories to looate in their midst. Can we succeed in this better by work- g together us one united city, or each striving to gain those establishments at 1he expense of tho other! Majufa tories are clavm sh, tnd w b1 our splendid faciliies us ono uniged-city, these establishmeuts will npecessarily line the railroad tracks of South Omaha, the Union Pacific and the Belt Line south of west Farnam street. Population will nat- urally gravitate in the sume direction, It is doing 80 now s fast as we wish. 10, The burning question of the day is to sell corn ata fair return to the farmer for his labor. It has been ample demonstrated that the markets of Chicago and St. Louis are too distant for Nebrasks. The cost of equipnient is too great for the railroads. On the “long haul” to Chicago acar cannot earn more than $12 per day. It takes six cars to do the work of one, if we had An open mar- ket at Omaha, To have this home market ot home, grain elevators must be built. Tne reduction of 2cents per bushei on the exports of corn from Nebraska for this year is equal 0 $2,260,000, enough to builv fifteen 1,000,000 bushel elevators. When these great struc- tures are built, as they must be sooner or later, where is there a botter location thun South Omaha, umted to Omaha, with mil- lions of capital to back them. One such elevator will employ at least fifty men or 750 for the fitteen, which is equivalent to 5,250 additional population, exclusive of aux- iliary business interests, 11. One of your citizens wants to know what representation South Omaha will have w look after your interests in the united city, The gentleman is & public man and has common senso, Letme ask him if any candidate for a public office under the united city government would dare -to affront or neglect the citizens of South Owahat If he did, wouldn’t he be clected to “‘stay at home” by an overwhelming majority? The citizons of South Owaha are intelligeut, soltr-especting men, ot infauts, Knowing their rights, they will have the courage to assert them, Such a plea is unworthy of the gentleman who advanced it, Itis no ‘compliment to the citizens of South Omaha, “12. In 1 Lhicago contained about one hundred thousand people. By natural growth, extension and anuexation it now has 1,100,000. 1t bhos pushed Philadelphia aside for second place and is now reaching out to beat New York within twouty years, Since her recent wnnexations millionsof eastern and foreign cavital bave flown 1u for invest- ment. Her real estate market is overrun with buyers, outnumbering the sellers about wwo to one. Manufactories are comstantly seeking locations there. Among these are the Grant locomotive works, the Haryvey car-building company, the Inland steamship company, and others, These enterprises will employ thousands of men, one estabs lishment alone reouiring at least 2,500 em- gloyul. Choice business corners are hard to uy, Property has advanced aud there is no let-up to the demand for real estate. One 3oston " estate intenas to invest $2,000,000 there this spring. A twenty-four-mile boule- vard is planned and Chicago bas the “inside track” on getting the world's fair, Let Omaha and South Omaha imitate her ox- ample, 80 that in ten mu more we can show a splendid city of 500,000 people. Let us begin the work now by uniting as one city, working together forever for & com- mon purpose. South Om Omaha, . South Omaha. . 4.72 mills Omaha., ... 4 Gowsip on Ohange, A smile flitted ovor the faces of the real estate men when Bishop Newwan said he was the agent for mansions in the skies. Were lhw thinkiog of a certain purchuse in Dundee Placoi ° Bishop Newman bas best name yet, this great republic,” better than the borrowed HGate City, iven Omah; ot. The Chicago Joprnal of Commerpe, the principle mercantile paper of that clw‘ calls Omsta “The Trauscontinental City.’ ‘That s the name the city is known by in iingland. Merk Upton, vice premdent of the real eatato exchange is one of the busiost mon in Omaha. Between solling ‘‘corner lots," courting up South Omaba and engineering the new §200,000 opera house he has but little time to_spare. ‘Who has the rabbit John I3. Evans caught? Since his big deal in Capitol Hill proporty Mr, Evans fs not disturbed at bunny’s wheroabou George N. Hicka fs a bundle of enorgy. Between his building cares and deals in Wost Omaha property he has 1o rost for the sole of his feet. 1tissaid Mr. Hicks took some intorest in the recent location of the stato fair ot Lincoln udge” Hascall says St. Paul her back. s 18 a mistako, Paul has the Hotel Ryan, owns the Man- itoba rallroad, is the capital of Minoesota, has the general offices of four or flve rail- & nnion depot, a big suburb iland 18 & powerful com- potitor with Chicago 1n the jobbing trade. Minneapolis has the West botel, heavily mortgaged and tho Exposition building, An English syndidato owns hor street ralway, flour mills and elovators, Like a wido awake, senaiblo man, Judge Stenberg mukes his daily engagoments on the floor of tho exchange and suys he saves time and makos monoy by it Morris Morrison wishes he was as certain of tho nnexation of South Omaha as ho is of A big profit on the Bridges tract. “Judge Hascall,” said o real estato broker, tadmits he went to South Omaha woeting Thursday nignt on a back door invitation. He invited bimsolf, His speech made wild work with thoe truth, and fucts wore matters of no consequonce, His remarks caused groat nmazement to both sides. The poople of South Omaha are too intelligent to bo caught with such chaff. Ho doosn't know tho difference between compotition and dis- integratiou.” has St. Activity continues to mark the doings in real estate circles. The sale of the A. D, Joues property at Sixteenth and Harney for §70,000; tho Goos hotel site at Pitteenth and Jackson for a like amount, and the p ructioal pur chase of the Lowe corner on Seventeonth aud Harney for $50,000, wero tho big trans- uctions of the week, and they lent an impo- tus to tho market in general. Tho sales ro- ported at the exchunge greatly excood in number those of the preceding weok and greatly encourage the brokoers over (their prospects for the coming scason, ‘The vol- ume of the week's business in real estoto, building and banking circles shown by the following figures, and compared with the busiuess of the correspouding week of last year: REAL ESTATE TRANSFELS, 1880, 1890, 5 976 31,241 38 63,025 40,561 71,843 Wednesd, Thursda Friday Saturda, Wednesda, Thursday, . Friday . Saturday . Totals.... The Bank Clearings, ‘The bank clearings for the weok were as follows Monday Tuesday . Wednesdiay . Thursday . Friday Saturday. 500,010 08 Total......., ool 84,450,020 40 An incraase of 21,7 por cont over the cor~ respondiug weel of last year. THE REALTY M [NSIUUMENDS placed va rasct yostorda rustee, 10 George Wall lot 10, blk 1. Brown Pargw d. .. hafer, special muster, to ¥ H Whi , 108 7, ik 162, Omuha doed. ... C L Van Caip wnd wifoto P A Petersen, 15t 22, bk %, Cottage Park, w 4. 5 £ D Mendimber and wifé to Matiida sivans, lots 6 to 10, blk 2, Hyde Park, W_R Homan and ‘wite to Hosalle ‘Hrast, 1040, bik & Popploton Park, w a A J Popploton and wife to Popploton Park Buliding assoclation, lot 15, blk 7, Poppleton Park, w d i l’()pglutlm Park Bullding association ti K ¥ Fagan, 10t 15,01k 7, Popploton Park, Ole Thovkiidsen and wife to Niis Jouson, n0 10t 32, bk 4, Hascall'ssub, wd ... Ameiia Butro nd husband to M O Hedtord, lots 11037, and 8 % lot 34, blk 2,8 15 lot 2 aud all 16ts 3 to 44, bik 9, and 10U 8, Dik 13, West Lawn, w ' e © Blackwell aud wife to #'D Brown,iof | blk 15, Reod's 2d add, g cd ... Sopma Neunons to schiool district, N i, 152 X 1661 0 cor 11, 15, 11, wd... I M Hend stapley, aad, w i i John O Brien, ex’ al to A A Margarst O'Birien, s & 1 10y 6, blk 8, Credit 10 clor add, wd.... B a P Mallehder and wife to Gugt Hamel, und 3 lots 10 aud 17, bik 1, Burlingten Center, wd ... oasne D DSinmaton and Wwife to Gust famel, und %4 of s % 1ot &, blk 74, South Omulia W Margare Brown, and BHusband to i Win: ota § and v, bik 1), Manhatian nusbund ‘to 'Kate X208 72-100 £510 W 86 10-1-13, ana to L, K Buriei) lot 10, blk % Plains d 8 Berloy and 'wife to bik 7, Creaghton Helghts, w d. .. . J 1 Harris and wife toJ W Irown, 10f 43, Stewart Place, w d....... i J R Harrisand wie to i C Patierson, und % lots 1to 8, 0 to 12, 25 to 27, blk 1, lots 11 to 13, 2 to 23, bIK 2, lote 8 "to 10,'17 to 19, %6 to 24, blk 8, Lots’i to K, 16to 17 And 3 and 26, Harils & Patterson’s add, q ¢ d ¥ Efseman to L O Selden, lots 21 to 2, bl 1 Elnn(}n.&lhlnuhnugh Highland rk, w d.. n, 10€ 71, ‘Twenty-two transtors, s L SNAKES AS RAT CATCHERS, But Is Not the Cure in This Caso Worse than the Disensc? Whatever virtues a creeping thing may have usually go the way that his creeping sell is destinod to travel, suys the Memphis Appeal. A suake is doubtless repulsive to the instincts of every one, but there are some who pro= foss 1o endure their repugnance for the sake of & rapacious appstite which snakes are said to have for rats, Cases of this kind can be cited on Front row in this city, the proprietors of two houses in particular having a snake in each of their cellurs, which no oue is permitted to molest or harm in any way. The larger of the two 18 nearly twelve feet long, and, notwithstanding it iy docile to approach and apparently otherwise domesticated, its bite is pois. onous, and on divers ocoasions, whon in abad humor, it has struck at unsuse pocting employes. It is said to have a den in the bluff, where it goes during wet and rainy seasons,remaining until the appearanes of dry weather. This snake is move particularly a pet with the proprictors and those who are not compellod to g about it. Those who are compelled, from n cessity, to frequent his haunts ha well defined aversion to his prescnee, and would doubtloss make short work of him, if it could secretly be done withe out actual combat, On a number of 0ce casions attempts have been made by parties, whose duties brought them {in contact with the reptile, to administer poison, but thus far it has either had no offect or else the rat eater attends to his own business. The snake is jet black, as sleek as a ribbon and has 3 white ring around its neck, breaking into a bow-shaped mark on its throat, It is eaid to exercise wonderful ingenuity in seeking out ros dents, which, Yhuu caught, are swal« lowed at one kn P Itis a fact, however, ]?“t snake will ke%p premises clear of rats; and whi}e the mnjurlt{ olbo):plol;mn.dy d to almost an, 8t rather thao ha ar with tho knowl6ige ut, o féw, wnd a very few indead, prefer the reptile

Other pages from this issue: