Omaha Daily Bee Newspaper, February 8, 1891, Page 15

1 r gty f ~ OMAHA DAILLY NDAY, FEBRUARY 8, 1801-SIXTEE PAGES. THE CONDITION OF TRADE. Iere Aotivity Than Was Expeoted so £oon After the New Yoar, CES SATISFACTORY PRI FOR PRODUCE. An Encowraging Advance in Stock With an Understood D Interesting Features in the Sneculative Markets, Live ‘line The fluancia: situation in Omaha remains practically unchanged, and money in this and the state at large is failures occurred in the stato past week due to the money aud the dificulty of ma collections, Tight money In Nebraska at o time when it is casy in most other states 1s & matter in which the businoss commun- ity is deoply interested and it is wlmost im- possible to talk with a business man for the space of five minutes without having the sub- ject brought up There is no necessity for dwelling at length on the present conditions as that is fully expressed by the three words, “money tight,” but 1t may be of some advantage to review the causes hich lod up to the present conditions of the 1oy market and in this way some reason oo discove why money is close in A after it b ome plouty in most large cities, A financial stringency, ring on o panic, was brought about in York by @ combination of cause unnecessary 0 bo reviewed at this time, which gradually spread over the whole country, At first it was felt in Omaha but in the course of a littlo time money also became close here, Then came the reaction, money became more and more plenty in New York and this influence also spread over the country, but this second financial wave missed ' Omaha and money countinues scarce hero business ~ men know to their cost. But during the time intervening between the commencement of the money stringency and its final disappear- ance in New York new couditions had sprung up in Nebraska, A favmer lecislature had been elected, and roports were sent_over the country that would lead eastern peo- plo to believe that some of the lej islator: least, held the most radical views on subjects affecting finance, and that they would knife the mon- jed interests of the state at every turn. Then, as if proving all former suspicions, came’ the talk of passing stringent usury laws and lows to tax mortgages and to in- crease the length of time required for fore- closure of amortgage. As if this was not enongh to shake public confidence in the state, publicity ~was given to the rumor of destitution in the western part of the state and Nebraska's law makers gave emphasis to the report. by asking the govern- ment for 81,000,000 to relieve the distress All this coming at a time when the nerves of capitalists wero alrendy considerably shat, tered by the recent financial scave in Wall stroct, it is notin theleast surprising hat they refused to have confidence in Nebraska so- urities and preferred to keep their money in tho vaults of the New York banks or 1o seek other fields for fnvestmeut. Now ata timo When roports from all ovor the coun- try indicate an improving trade with money ecasy and collections fair, Nebraska is suffering from tight money and trade and collections are correspondingly poor. Dun in his review of tho past week says: “Reports this week from all parts of the country indicate a fair volume of trade for the reason that there is eusy money and ‘collections are generally fair,”” but notes an exception at a few points in the west. That this exception is the result of the fear enge dered by the legislature is o fact easily proven. Ty tern journal of business or finance chronicles at’length every move of the farmer logislature that 18 likely to affect money, and the comments of the same papers show plainly the fecling of distrust prevailing m the minds of eastern men. Vhen, too, every Nebraska business man who visits Now York is met at every wurn by questions as to what action the legis- lature is likely to take affect- ing money matters, and ho can not remain in the metropolis many hours without_having it impressed upon his mind that capitalists have uo money for Nebraska while the present uncertainty exists. “There is also another phase of the question 1o beconsidered. A great deal of the monev in- vested_in Nebraska is brought into the state by resident capitalists who borrow it in the enst on securities furnished by themselves. If unfavorablo laws are enacted, increasing the insecurity of loans and making the chances for losses too great, they will not take the risk and the supply of wouney in the state will be reduced by just that much, Atthe present time thousands or even hundreds of thousands of dollars in securities are locked up braska vaults, when they could aud v o rediscounted in the east and the money loaned out again in Nebraska were it not for tho lack of conti- dence on the part of local bankers. To prove the truth of the last assertion and to show in what light Nebraska bankers ro- gard legislation as to usury, foreclosure of mortgages, ete,, it may be well tointroduce the expressed opinions of a fow of Omaha's prom- inent finauciers. J. H. Millard, president of the Omaha tional bank, commenting on the subject Awy iaw tending not only to keep out mouoy but to drive out’ that already m_would be a moat iy o the state, - Tho moro money we can have in Nebraska the better it will be for all concerned. It will be a great benefit to the state, especially to the Western portion of it, (o leave the matter en- virely ulone. The ' less these laws are changed the more abundant money will be. You will find that baukers aud business men the world over hold the same views. H. W. Yates, president of the Nebraska National bank, said : I do uot believe that the Nebraska legislature will do anything so foolish us to pass laws that would be so detri- mental as those tatked of. As | understand it the senate has already declared that it wauld be unwiso to chango the rate of inter- est or extendk the time of stays. Evenif such Jaws wero passed the greatest hardship would fall upon the people of the western part of tho state whoare the very ones that most need relief. During the past few day more conservative element has beon coming to the front in the legislature and I am confident that they will do nothing to injure the financial i the state. I have already express oplinion to castera bankers, and with the ro- moval of all apurehiensions of tho tegislature 1 ook for a speedy return of contidence and easier money William J. Maul, vice presidentof the Com- mercial Nationu bank, remarked: If the rate of interest 1s reduced it will prevent money from comiug to the state, and that would bo death to it. We can’t get along with- out it. In a general way money is worth what it wiil bring. I would like to seo the state of affairs such that a poor man would not be compelled to pay too groat in- torest money, but it cannot be brought about through legislation. Owing to the closeness of money, poor col- loctions, ete,, the WIOLESALE TRADE of Omaba is not all that could be desired, al- though it is generally admitted tnat it is fullyas good us could be expected. The fuilures in the country make jobbers very cautious about orcing ‘goods onto the retail dealers. As a gen eral thwg the jobbers are rather inelined to advise caution and the continu- anco of the policy of trylug only to supply present needs. Meanwhilo as’ was noted a waoek ago, the jobbers aw extendiug their territory and wotking up a new trade. Busi- ness in western lowa is improving and the merchants of that section are buying more goods in Omaba than ever before. One jobber remarks that his lowa salesman is taking more orders than any other two men Lie has ou the road. _The hardware trade of the past week was rather quiet but country merchants reported the roads bad and few people comiug iuto the towns to trade, cousequently their orders havo been light. As a general thing hard- ware jobbers do not figure on & very heavy trade for tho first of February, but after the middle of the month it ought” o be better. Prices huve remained practically steady,with change worthy of uote. At this scason of the year the grocery trado commences to improve and usually keeps uj gradually lucreasing in volume for a mont or two. At the present time it is pretty fair usaw and a4 good mavy goods are gowg out. mmumn and Wyoming trade 1s 0, O other . borde Now as espocially good road through to Deadwood quito large orders have been going in that direction. As to prices, sugars declined an eighth of a cent, but the market is now fiem. Rope is lowor on account of war amony manufacturers of cordage. Dried fruits are stiffening, notab, avricots and apples. The dry goods trade has been moving along with little change from a week ago Jobbers in this line are not comylaming much, al- though trad s poor n some sections covered by them. in hats, caps, gloves, ete., the movement of 20048 is slow. 'Bills in this line and in cloth ing largely come duo about Mal - tail dealers aro raily inclined very consorvatively until after the day tho settiement of ‘old obligations has past Hats und caps are going_at ab: prices, but gloves are higher. advance in skins During the past week the for COUNTRY PRODUCE were the most satisfactory in_a long while. The storm cut off country supplies and tho markets here were cleaned up and prices ac- vanced quickly. Chickens, dressed, sold at an advance over the week before of e per 1b., and other poultry in about the same pros Eugzs took a sharp upward turn and 20¢, but weakened and sold at the closeas low as the lowest time of the pre- Butter also looked up and was in demand at higher pri The week's trading in LAVE STOCK opened with an advance of 5a@l0c on good eves, which was followed by still further improvement on Tuesday. T'he advance was maintained on Wednesday, but Thursd saw a decline amounting in some instances to 10¢ and the market continued in the down grade until the close of the week. Thedecline, nowever, was mostly in the more ordinary grades of beeves. The prices paid for good 1,350 to 1,500 Lb_beeves were $4.00(04.95 and for 1,030 to 1,350, §3.50@4.60. The cow mar- ket showed a very gratifying improvement during _ the early part of the week but cased oft toward the Owing 0 the light receipts canners sold in some instances gt an advance of 1007 fous week, As high ns $3.50 5 was paid for some _choice 1,230 to 1310 1b. cows, the great bulk of the sales, however, ranged between £2.00 and 8,00, There was a good demand for desirablo fecders, but the commoner grades wore slow. The best feed- s sold at §2.75@3.25 and the stockers at $2.00¢ . T'he week opened with a e decline in hogs but this was more than wiped out on Tues- day. The advanco was continned on Wednes- day, but the market got. a set buck on Friday and'the week closed low The range of prices for the week was £3.20@ BPECULATIVE MARKETS for the week under review were by no means devoid of interesting features. In the Chi- cago wheat market early in the week the b shorts wero forced to cover, causing a wild advance to about §L.013 for May. The strongest longs also closed their lines, thus pretty well evening up the market, Since ‘Tuesday it has been a rather dull and feature- less marlket witha decided downward ten- dency. Corn was compar: aull ck. One ¢ Ot was to cover above 45¢. Since then the market has been chiefly governed by receipts which were very small until the last two days, when more liberal receipts caused an easier feeling and the market declined to within ¢ of last weelk's close, Provisions continued dull and heavy on tho large receipts of hogs and continued selling by packers, the close being very nearly bot- tom prices for this year. The following table will show the opening and closing prices of ihe week and also tho highest and lowest for each day of the week at Chicago and St. Loui MANG all the forced atively W it short X —avEHm © | —avamm A | uado or 101 i Supsany, #0 9 %20°¢ 20" 01 woT 0HYIIND L1V SIOTHL ors oo i Tepseupos ».H i 20°0 w1 0118 1V $TO1IL 520 2 am sanyy, oy | w6 | ool H-boy | Fi-Sior Mor aws, yieg o e8| 928 3% NEW YORK STOC have had an upward tendency week, but the market has row and confined prineip: and investors, during the onerally been nar- ly to room traders OMAHA LIVE STOCK. OMATIA, OATTLE—Estimated rocoints of compared with 1,976 yesterday and 18 Saturday of last weok. The market was slo the best grades of beoves and buteher s toe boing barely stoady. with less desirable 5 to lle lower. Foeders are siow and Hoas—Estimated r compared with Saturday of last slow and 5 to 10c lower, lower. The range of ‘the pric BLOOGILS0; the bulk sellins at & BLI@A0: light-lizhts, §.500 @55 heavy, K.3W650; mixed, average of ilie prices pud was #3501 as pared with .44 yestorday and 855 8 day of SHERP— atod recelpts of sheep 108, as cowpared with LSV yesterday and 414 Satur. duy "of last week. The market was fully stoady. Natives, ¥L00@L55; westerns, $4.00% selpts of hogs 11150, Sterdity. and ¢ Tlo markot opened nd closed a strong 10¢ ur- Stock Receipts. Bst!mated Today. OMe L 108 cars, 2300 Cattl 160 cars 1080 Hogs loar, 198 Sheep orday. ¢ s, Hogs. Sheep 8 cars, 1, Highest and Lowest. Yesterday. i 1 .10 Highe R X Lowest. .. ... 200 Highest Lowest. Disposition of Stock. Showlng the number of eattle, hogs and shoep purchased on this market as reported by the welzhmaster of the Stockyards com- pany for February 7: OATTLE. Swift Co. The G, H, Han The Oudahy Tiie Omahi Leo Rothschild Hamiiton & Stephen Bonton & Underwood Nois Morris. .o Shippers and feedors Joseph Dawson ... Casey & Van Sant R.. Hocker & Degon OGS, oking Co Co il O .. eking Co. King compuny The Oudahy P: Omaha Packing Swift &0, . The G. H. Hinmond company Shippers and feeders SuERP, Swift & O For the Week. Showing the number of head of stock pur- chased on this market us reportad be sba the week ending Saturday, Febra Th On Lo Ne Shippors an Josepl Dy The Cudahy packing c Since the opening of the | welehma | | | gwirekco | The G. ors of Ham ahy P oking Rothsehild Tamilton & Stepher Henton & Underwoc 5 M rris i te o Bocker & [ Vin Sant & Carey the Stockyards OATTLE. ond © dors gon oG8, npany Omaha paeking company Swife & Co Frid; The G. H Showin iy, | il 1. d fe Ha n hogs und Wodnosday., Thursday Friday, Feb o, Saturday, Fob 7 ek of Jan Fob.5.. Fourth woo Third wook o DATES. Thursday, Jan 20 Jan. 3 Saturday, Myndny. Toesday, F Wednesday, Jan. 4. y. Fob. 5. Fourth woek of Jan i o K of Jan S ek of Jan. | First woek of Jan. Fourth wi Third week of Dec of Dl nd packing dors SHERP ng compiny nd packing cor sheep on th RECEIPTS, SHIPMENTS, Cattio ympany for pipts and Shipments. the offielal roesipts and shipments dates indis ho 142 200 P 18 6l b1t} 1,85 ] Fal T ste Commor Prevailing rs, 185 rs, 123 rs, rs, 000 ) to 160) Ibs ) to 1475 Ibs 10 1450 Ibs. 1050 to 130 155 0115) 1bs. .. W 1bs. ... ir to Z00d cows. . Foeders kors Cann Buils Oxen . Stags St Cal W ves tor n cornfed Westorn ste Western cows The WS, steers .50 Comparative Table following ices on hogs: January 1 iy turdny. January nuary tablo Monday, January s... ¥, January 6 Jandary b Thursda Janu ALy .. Friday, fanury 9. Suturil Mor ndiny Junua, 1 Tuesdiy, Janu 1y uesda Wodnosday. 24 Monday, Tuosday, anu ry 10 L January 2. Jan Janun Janua v, Jan L dan Ja onday, Peb Tuesdiy, Fob Wednesd Thursday, Friduy, Febri wiry 21 ebruary 5. uary 6. Saturday, Februury 7 1801 “Day Average Price of Hogs. Showing the average price pald for loads of hogs on the duys Indicated in 1388, 1839, 1800 and | Jun w0 Jan W @ @ Thofollowinz is a table of prices pald on this market for the grade of stock mentioned: Fancy st Prime ste Good stec ) Butchers' ste 100 515 @3.5) @ @ @ 150 50 5.00 @h.5) @ shows tho range @ @ @ @ @ @ 3 10 n 37 170 1.85 570 53 500 363 163 163 8 45| 3% | i 84| Sunday. 3 523 345 837 3 36 549 Sunday. Sunday’ 3t | s Sy, B | 8m Sunday. 365 s 86 [ | Feb. 3 53 | Holtaay. 503 83 487 498 Sunday, 507 501 e 504 12 8. Sun day. Hollday . Sun. 533 5 dny. 52 533 534 5 19 521 524 Sunday. 516 524 Sunday. b 15 Sunday. 5 5 1 10 | Feb. 83, 34444 B4l FE Sunday. 87 4 an N am 5 8m 4 Representative saies. No.Av. Pr. No. 1039 ™) ®65 300 0315 i K0 R 080 1030 50 410 950 566 &) RTEERS, No. Av. COWS. 832 451 4 50 Sunday, 15 58 55 45 Sunday. 581 540 No. Av. Pr. 42,1151 8400 38,11 10 100 04 i) 08 1000 3 40 3..1269 3 5. 1 10 3 7.8 9 11 10 ’ 10 STOCKERS AND FEEDERS 200 Av. Sh 155 94 1 oo 18L ] T 6. 700 2 45 2. T2 250 10660 265 115,766 275 CALYES. 1150 325 150 3325 BULLS. .. 810 23 L1410 2 50 182 175 STAGS. 1270 325 AND UFIFERS, HKIFERS. 10,1041 300 HUGS. Pr. 9. 1080 070 10k 125 1220 ™ 21.. 878 10.. 660 11, 706 2821 2% | & Sese ossermescosmestsel GesssnsEREEEEELEE AND ROUGH. 08 LGS 20 2% » 5 SHEEP, westerns, ewes Wosterns, ewes L 162 westerns, wethers omAnA "’;I(PLER.I L I‘ MARKETS, Provisions, SMOKED MeAT—Sugar Cured —Hams, 14 to 16 23 20 t0 221b average, 8e: 10 to 12 kinned | " shouldain cloar akfast bacon, Tise; boneless Kkfust bacon, backs. 6%c; boned ham lifornia, or pienie ham ham. 7hc; dried beof I Deef clo Totte boneless brea of hams, | wide clear’ b DRy SAtT M cloars, Hize: shoulders, 4 5 kfast 1e; Selec idesand knuckies, te: selected ars, 5ol clear bellies, 5lge; clear backs, SMOKED MpATS — Dry-Sult Cured — Fancy Tight woizht bacon short clears, §c; bacon short Pibs, H%e: short clears, 50; long clears, Siv0s eloar bucks, Gos clear bollies, 603 shoul Aers. 43c. SWEET PIOKLED MEATS—IHams, tlerces, 8o shoulders (N. Y. cut), tierces, 43c; be'lies tioreos, 00 California hamm, tlerces, 5¢; boet hams, hbis, 312,00, PICKLED BEER s—Bbls, £0.00; halt bbls, 100 1bs, 310.. rter bbls, 50 1bs, $5.00; eighth bbls. 25 1hs, §.50, LARD—Compound, perlb, tiorce hasts, .00; pure leaf, per ib. tierce b #5.00; pure lard, r Ib, tiérce basis, $6.00: kettlo rendered leaf ard, per ib, tierce basis, .50, BARRELED PORK AND BEEK por bibl, 3 ily pork. 11.50; shor ar por mess’ pork. #.50012.003 fancy, $1L00; extra ni closs, #00; rolled iw6f, boneless, B8.5 rump butts, 350; thoice bonoless family be 14 bbL. ¥, boneless rotled beef, 14 bbl, #4.75; extra tamily plate beef, 's hbl, $4.00. Vi Ponk—Bonelvss—Birrels, 200 1bs, each, 13,003 naf barrels, 100 1hs, each, 87.00; qua Darrels, 30 1bs, each, ¥L15: elghth barr 1bs, each, #2.00. O1Ls—Primo lard oil (wintor strained extra lard of vinter st 11ard oil. 7¢; No. 1 lard oil, 3 oil. 30c: oxtra neat's-fopt oil, 4 43¢; half burrels 3o over' hurrels @ a case) 5e over barrel a case) 10e over barrel; er barrels. SAUSAGE—Bologna, ‘405 smoked sausage. blood sausuge, 4}50; liver suusuge, 44 cheese, 4'zc; fresh pork sausage (links) H fresh pork sausage (bulk) Hiie; smoked pork sausage, 8o; Frankfurt snusage, 7e; smoked hoad clhieese, 6c; Polish suusage, 1 lauch siusag tongue. sausage. S mer sausage, , The above prices are for lots of fifty pounds and upwards; a less quantity o half cent more. ToN s pork. new, back pork, BIL30; prime pig vork, 5: plate beef, a family be tallow ofl, gullon cans anllon cans (10 in % 'gallon cans (e 1 Country Produce. The feature of yesterday's trade in the pro- duce markets was the decline in eggs. Other kinds of produce remained at apout steady prices. BurrEr—Some choice country rolls were re- ported sold nt2e, but that was an extreme price, and 17@18¢ Is about as high as 1t would he safoto ‘quote the market. Falr to good grades sold at 13@10c. EaGs—The largely increased caused a decided “drop in the ket, _which could only be at 7@, Quite a good many were carried ~over. The storm of week cansed oges to accumulat try and with the return of pleasant weather they are belng rash inat asurprising rate. If the receipts come up to expectations it would not he surprising to see a suil further decline in the markct. Fourtiy-—Chickens were steady at 8@0c. seese and ducks wont at $@100 and turkeys i Stocks were welloleaned up and the market was strong at the prices quoted, recelpts mar- quote eggs last s 0. 1, large, 0@00: No, 1, mod- fum, 8 1, small. 30@40c; No, 2" 8 and W MiNk~No, 1large. 50@ic: No. @i3e; No. 1 smull, Musk RAT—Fali, * SKUNK—Blaok, 7 40c; striped, No. triped, No. 4. 5010 Fox—Uross, No. 1, & red, No, 1, 31,0001 o No. 2, 3 ountain, No. prairie, No. 1 medfum, 40 No. 2. 3 and 4, 5@dse. W10 K1, do. 3#1.00; steiped, No. 1, 350 stripod, No. i 10@ No. 2, $2.00@2.50; rey, No. 1, $2.,50@3.00; No. 2, 5 @L.00; No. 3 406 boe. TiEAvER—No. 1, per 1D, £.50@350; No. 2, per }lh. ‘(‘klm 50; No. 3, per Lb, 50@7¢; No. 4, per Orrer—No. 1, larze prime, #.00@7.00; No. 1, 00; No. 1, small, $2.50@3.50; No. 50. T@1oe. Bapazn—No 1, tull turred, 50@75¢; No. 2, 2@ 5@ 10c. NO. 1, #1.00760.00, 0, 1. 310.00620.00; grizzly, No. brown, No. 1, $.00@10.00; cub, Quotations are for carlots on board cars at Omiaba: 16 £, 215 0) 10 2 ft. 116 00 16 00 16 00 16 00 oo 8% 1300 1800 nd 14 1y, rf, 18 fh. 815 15 5) 22 6, 811 00 17 00 1750 7 50 24 ft. #18 00 18 00 18 00 18 00 19 00 19 00 #19.00; 2x4. 2x1. 10 00 FENCING—No. 1. No. 1, 6 In, 16 ft, $19.00; 4 12 and 14 ft. vf, $4.00; 4 in, 18, 816.00; 4 in, $16.00; No. & 6 in, $13.00; 4 In, $15,00; No. 3, 6in, 10 ft, B350, 14 and 14 ¢, # 0 #15,00; 4 in, SInING—A, 12, 2.00; G, $17.50; B, 12, 14 and 16 1t $20.50; DISIES0. BoARDS—No. 1 com, $1550; No. 2, com, $15.00; No. i com, $1:150; No., pam, #1150, wiNG—A, 6 in, WHiL® pine. ¥8.00; O, = B.0in, white ping, 8.00; D, $20.50; E, 6in, white (,‘hu-.uv*l fengfag), $17.00 sid- ing, be per M extra, SToCk HoAuDs—A. 1¢ i 1s. $18.00; B, s, 45.00; O, $10.00: D, #30: No. [ common. in.'sis, 10, 12 and 18 ft, 2200 N L 12 in, sis, 14 Tty £.00 N No. 1 common, 12 n.' 815 16 ft, 810, :I'«"‘\l: ;\'lh 1 common, 121w, 815, 20 £t, & Suirrap—No, 1 plain, 8and 10 in, $9.00: No. 2, §16.00¢ No. 1, 0. Gu, 8 ine o 419.00: No. 2. 316.50; roov ed roolive, byl and 16 £ ¥10.5. i 1 in, s2s, $49.00; 14, i drop and 2 4 and 2 i A all 14foot. 1.0 extr: YELLow PANE—Ist und flooring, 1 tloorini, 13-16, #15.00; Ist and 2dclen E i 50; 1st’ and 2 1st and 2d olear, coil- oar, finish, s2s. from 1 18t and %a clear.finish, 535, from 13 b, K001 Lear nlsh, 83 trom 1 and & inch,830.00; 1atund 2 clear,'y.p. casings, 30.00; buse. §30.00, * e " PorLar Luvpen—S-Inch and up, st and 24 elear, 1 inch, s2s, $30.00; S-inch and up, 1st and 2d clear, i Inch panel, §20.00 ASH, DOORS, ETC.—Tar board, 81 perct.i doors, 80 por ot uldings, 5) per ct.; tarred feit, per owt., E2.10; straw board . BATTENS, WELL TUBING, ETC.~0. G, 2%-Inch, 6501 Y4xih sls, o; d-inch well tublug. D. & M. #0.50; D, Al and vev., ¥2.00: pickets, D, & & M. squisre, #2050, SHINGLES, LTz — Extra “A, .50; standard "A," 8. o 6-Inch clear pine, $1.90; cloar redwood, .25 lath, #2.50, Posts—-White cedar, 6-Inch. %s, Loy 9-lnch qrs, dle; white cedar, 5%-nch, 135, G 8-nch qrs.8e; white cedar, 4-ing spliv oak, be; Tennessee red cedar, splic le. THE SPECULATIVE MARKETS. Lively Eusiness Characterisss the First Hour on 'Change. A GREAT BEAR EFFORT IN WHEAT. A Break from the Closo of Yesterday —-Free Selling by Numerous Fore ner Buyers—A Cold Wave the Only Hope. CHICAGO, Feb, T.—[Spo BeE.]~There was as much business on 'c the first hour today asduring the entire ses- sion of Friday. The activity was great in all leading markets and was accompanied by & weakness and lower prices all arund. Early sales for May ruled as follows: Wheat 8% to i corn, M%e to H 8, easlor: pork. $10.00 to #0. The 10 85,0245 ribse 4 to 85,00, There was a groat bear market in wheat all day. The opening was easy at b4e; the decline for May was to 08%c. The action was %0 to 0T%e to 840 to 07e to 07%e to OTe beforo 1 o'clock. This was a break of about 2 from the close yosterday. The news wasmostly in favor of sellers. The trade was bearish, bears bold and bulls timid and beaten every time they jumped into buy. Pardridge was putting out line of short whent just as he did on the way down to 0. two weeks ago. The sealping fraternity sold for down turn. Very many bulls let long whent go to save a losson what seemed to be abearrun fnnews. There was very free sell- ing by Schwartz-Dupoe, Baldwin-Farnum, Parker & Co. and some by Huteh. Early in the duy there was good support by such houses as 8, V. White & Co., Lo, n & . Rumsey & Co., Willtam Dunn & Co. and a fow others. The receipts hers were over the estimate, Recolpts at Minneap: 1is and Duluth were liboral at 260 curs, Kansas Citv reported 67 cars with prospects ot free receipts next week. St Louls hud 52,000 bush- s of wheat. The movement here yeste: Receipts 22,000 bushels. shipmonts 13.000. flour from both ial Telogram to Tue 534¢ to ard, 85 30,000 bushe] 4,214,000 T he d of the Rockles for January was bushels, lust year 4.516,000 bushels. Fnglish armers' deliveries woro 77,28 quarters: with anaverage decline of 3d per quarter for the week. New York cleared 30,000 bushels of wheat and 16000 barrels of flour; other ports had practically nothing for the day. The estl- mates on the decrease visible were 100000 to 20,000 bushels agalnst 795,000 decre ayearago. All this news was on tho bear side. The only hope held out for the bulls was the cold wave over the winter wheat states on Monday. The exports of wheat and flour on both ec ts since July were given at 60,000,000 anst 65,000,000 last year. This was ahopeful feature, At 1 o'clock there was u rally and May sold from 7 to 07ic. July sales were atMize to HMlze to H4lie to 03 to 03i4c. Wheat closed at %e tol4e up from the extrome low point touched, nnd at a loss for the day of 1140 for aly, The close on May was February was quoted at 833¢ to 934¢ to 03% to the close. The recoipts of corn were 104 cars and for Monday 210 cars. The selling of corn carly was led by Counselman & Day, Kennett- Hopkins and the scalpers. The heavy mar- kets in overything olse gave a bearlsh feeling tothe crowd. The most of the declino oc- curred the first half hour, when the offerings were very heavy. The bottom price on May was 53%c and the cluse 5i4e, or %e off from last night. February closed at 5)%c, Mareh atblie; Juno wasquoted at 5o to 5% to ies July, at Be to 52%e to 524 The corn market wewkened under heavy selling in the day und failed to show any materlal recovery upto 1 o'clock. May started %o lower at 53 £ 33@5% 2 up to S¥ie; off to B @IYe and held steady around 53l4e. July wis quoted at about e under May, The deciine In onts was the least marked ot any market on the floor. The price of May started at 4640, and after touching 4554530 recovered to £%0 but %e loss. ne © 30 45950 at the July at'i2ie was but | eature to the elling of longs on in provisions There was nosuch panie anong the selle was predicted when got below 31000, This may be accountod by the fact that much of thelong stufl Is held in the country and selling orders may be com- ing Monday. Receipts of nearly forty thousand hogs when the estimate wus for 25000 was_an immediste cause of the break. The lolders of products gonerally bocime sollem, Busineas wiis spreyd out to all products, and ribs and lard suffered aswell as pork. The big packers. Armour, Swift and Cudahy, all sola around 5¢ for May. Tn pork the sealpers also sold, The action for May was: Podk. 310,00 to #.9) 10 $0.95 to .55 to #0.0) L0 80,8005 10 B8 10 elose or22ige lower for the diy. Lard was at .03 (0 50 Lo 4835 sellers at the elose, or Tie Tower. Ribs. 25,0245 o 31,95 o B! PRICE: came this morning. ork for GonwODITY ] Opon. | High| Low. | Ciowe. Witkat May ... iy TVexy. o6 -t w wig| g oo vl 0% 59K | g 9873 10 07 4mg| 5 o1 5% | 600 sl o | 4014 | 4 095 s0236| 503y 000 | 600 PRICES AT ST. LOUIS. High. | Low. | Close. 396 9 821/ o 5% 995 | Yes'y. ([ 0704 | (LGt BIN| STH-TR | SN L 036 | W74-51 gl oagl e oard Notes and Gossip. St Loufs—Shipments: Wheat, 4,000 60,0005 oats, 9,000, St Louls—Receipts: Wheat, T2,500; outs, 31,000, fnated cars for Chicago Mond corn, 210; onts. W1, Obleugo—Receipts: Cars, wheat, 55, 16 No. 2; n, 194, 2 No. s, 70, 44 No. 2. English delly 7.8 quart 103,000 quarters at 18 8d lust wee! Ttis ramored that a big umount of wheat— 600,000 bushels—worked here for shipment ut the opening of navigation, Dornbusch suys cables from Australia say that the wheat ('l‘ur 1s below common estl- a0tes on account of injury by locusts. Beerbohms Cable: Cargoes off coust, wheat and corn steady. On passage, wheat and corn Quiet. French markets quiot. Liverpool dpot wheat ensier. corn quiet. Futuros, wheat and corn dull. February, 7 Mirch, 78 9d; April. 7s 6id. Time . l2:0—-Wheat quiet, demand poor. Californis, 75 8%5d to 10d; red. T8 6448 to 8. There Is n prediction of a cola wave, which will extend {"I".l lly over the winter wheat reglon by Monduy’ Bradstreet's avallabie wheat east of Kockles, $4,250,000 ngainst 40,601.- 000 last year west of Hookles 10,695000 against 6,144,000 " last year. Exports and clearances both coasts for the week, 1. 0 agalnst 2,004,000 the_preceeding and’ 314,000 the same week a year ugo. F.G. Logan & Co. to Toncray & Bryan Wheat opened at 88%c for May. Cables were weik. Kecelpts in north and southwest were large and beyond all expectations, Export 1znt. This, with fine weather, caused fre selling by commission houses generally, as- Sisted. by oue or two of our solid w operate for big profits, one of which has prominent us a believer in much higher prices and who was a heavy holder when wheat soid ACHOI for My, Ho sl July trecly durine the session. The bull factors of a fow months ago nre disappearing. The exhuustion of win- ter wheat and the cry of searcity is not borne out by the receipts” ut St. Louls, which are 162,008 bushels this week against $,6% the cor- responding week of last year. Stocks at New York huve decreased only 750,00 since Novem- ber20 last. The weather continues fine, and unless wo have some disuster to tho growing crops we will see lower prices. The closing brice of May was _ 07%c. Corn was weak and littlo doing. Somo of the crop of 1800 Is now belug shipped from lowa. Price is oo high, with u_moderate moveument. Pro- visions, heavy receipts of Logs and frée sell- ing by the packers, with little outside buylng, caused u weak foellng. W, 0. McCormick & Co. to T, 0. Swartz & Co.: The wheat market of the week winds up with a sad disappointment to the bulls and soems to indicato that the late advance was caused more by & scare of shorts than by hercnt value [ the wheat itsell. For tho past two diys the selling has been ohlelly [quida- tlon by longs who overstayed their time, but today one or two prominent traders have Dbegun putting out_short lines. The general news 1s beurish, Good rulns wore reported on the Pacific slope. A telegram from the north- Weat states Lhat country recelpts n Dukota corn, F000; corn, Wheat. ec s 53 are falling off ana but Httle wheat iy in farmors' hands, but in the face of 2 oars n Minneapolis and D such & statement Our private fndicato that larger than have certainly proved b, even Kansis showlnggood delive try points. The market closes w sak foollng and overy Indieation of lo fees next week. Corn wis rather fnactive o the foollngat the close was woak. R ugh by no means large are heavie i the st of tho week and are KIVIDE courage 10 a few of ourshort sellors Cash demand continies good, although pricos are about half a cent lower than those of Wodnesday, Provisions quiet, active, wenk, and lower.* The receipts of logs oxceedod estimates by 12000 and_indieations are that these hoavy receipts will continno during next woek, ” They are selling thoir long stuff, but the amount sold by them as yot Is smali and leaves them heavily loaded to fight the puckers and the large rocoints of hozs. We ear that their fight is a hopeless one and belleve that prices ofall artieles must Ko con- siderably lower. Kennott, Hopkins & Co. to Ohristio Lathrop sa. Coi The | weakness provisions and ' wheat nelped Counselman, Huteh, 8 V. Whit . sivers and shippers, sold. Bicon was the principal buyer and local’ sealpers bought zainst privifogos. Tho market as sutinues hard and earrow, confined largoly to focal sealpers, but the general tone today was heavy and downward. A groat deal hinges on the movement from first hands and the continuance of plensant woathor. Outs weaker and falrly active. 1t was stated yos terday that there was a shortage in onts. The murket at present romarkably small. You ‘enn'tbull any market when thore isno short interest. The Immediate causo fn the break in provisions wason account of tho unex todly large reoipts of hogs and lower hog Tnarket. Kecelpts fro houvy wtatl punts and estimates for next weok show 1o falling of \Yhilo thisstatoot things continues provis: fons will show but siight reaction and, [ think, sules will bo profitable on rallios market opone y with offorings longs wh wof the early vy and disappo! peiirish. Th 15 i bushol sfnee wson of o Dok nd the 1 Teft in of recelpts th tods absurd the wost are belleved oclpts in th been ) acti both it of the 1 rkot elosol | rosof the day, but whoit rlonds. Stocks are light ex- and the northwest and i it it huying by a tew determined bulls s us anothor rally us soon s . good size { short interest s developed. We' are bullish on the outeome but look for a trading nmirkel for some thne where noney ean bo tiade on elther side by getting i Judieionsly. CHICAGO LIVE S70C X CIIoAGO. Peb, T—[Spocial Tolezram to Tik BEE.]-OATTLE ~A few gooa and useful ste left over, and those among fresh receipts wero sold atabout like yesterday and tho duy be fore. In the face of the light run and the deeline in recelpts the general market on fat ceattle is rather weak than otherwise. The lenten season commences on Wednesday and for the first wook at luast, the ats,shows o falling i then in hog products anl all around fresh meats found in the packing house are as cheap a8 they ever were and so long as the ran of hogs keepsup to the present mumber there is little or no chance forany permanent advance in beef; the peoplo will buy eheap meat, be it beet or pork products. About overy thinz wis sold and the general market closed steady Cow stoek has vanced during the w steer stock b n barely steady. u good deniand for stockers und f Pri No. 1steers have sold daring th .40; xport st good_and useful stool BROXTAT: cows, $2.2 Hoas—Tosay the r Saturdiy wasn surpriso he dist ader produce wo VR0 mon, und pr nd the part! te ptes it was found that the bulk of made a strong 10 lower than at the low range of yesierday, but at the decline there wasa b business, and at tho close the pens were well eleared, and if there Wit anything earried over it was boeause the salesman would not sell at the pricos offered. Rough ana common, $43¥@3405 - paeers and good mixed, B30 pri suvy_and butcher we biz 23, STOCKS New Yok, The Bee.]~Thero w dpecial Tele rraim to s o surprise In stocks bofore tha close. Tt was due to the bank statoment. The murket startad steady, with London buying speialties, Cammaek brokers buy ing Vitlards, cor i houses executing orders in graugers, and Gould stock slow. The tone was firm 1gh somo Irrozalurty ox- isted Ju the opening pricos as comparad with those of last evening. and white Jersey ¢ tral was up % Ohi s was down ‘3, other changes being slight, The market was strong inearly dealings and fractio tins wero scored all alonz the lne. while Pacific Mail at 374 was 14 per cent b ar thun last night Erie _preferred also showed marked screngeh and unns; cuvity. rising 115, while numong the sto ks, whieh cos prises Union Pacific, na, North Amerlen, St. Pauland Loulsvile, tho inprove- ment was limitod 01 in Lackawana Among these stoeks there was n slizht reaction to ward the end of the hou Then ¢ame the bank statement with 1,700,000 desrease in the reserves. From this to tho close there was free scllinz and bosides wipinz ot all e gains the list showe 1 lossos at the % to %, with conl stoeks the only ex: Chieago Gus was off 4y after sell 3. Atehison led the decline o railwity sh 1029, with bss of % net losses in th granger group were !y to %, clawann Wasup o Tull point to 150% Sersey Contral ackaw 15 cash of £.38,00. Tho fneroaso In loans o NL.m,mL bably arises {rom the des morchanis to pay for goods tako The stock market closed hoavy ¢ pricos. Total sales, 806,37 Weekly Bank Statemont. New Yonx, Fob. 7.—(Speolal Telegram to Tuw REr]~The weekly bank statomont shows tho following changes: Ve, dOCRense .. Lot ns, fncroase ¢, incronse 1 tenders, doe its, In, lation, dee banks now ho! 26T In excess ot Fequirenonts of th 2 percont il Tho exports of specie at the port of Now York during the w amounted to "ML s, of which 8176,005 was {n in gold and $186,58 insli= vor. Tho tniports of specte tor tho y 1o 864188, 0f which $11,649 was gold 1701450 KL 100 140,800 ) 15,000 K. 000 7,000 I amoun! and 8 NEW YORK. Tne Bes]—The stoek quotations Aspen st & Boldhor [$pocial tollowing Pologram to are the mining 50 20 1w bl 10 Pl n Stivor Tron Stver Mole Siorra Novada Siandard Vollow Jacket The Coffee Mar York, Fob. T.—[Spectal Telogram Tue Ber)-Correr -Options st changed t0 10 points down, including Febru 816,00 April, 810.05; May, ‘sl 15005 July, $1560815.05 Lo i FLIBI05; spot R demand; falr cargoes, $10. 7624, to id un ) bags, 8165 PRODUCE MARKE Close — Whent — Stondys Ay, UTHDIT e Jualy, Al“xy nieaao, Peb, 7. onsh, 0315 204; ) S Cotn Onis Ryo Barlev Tiuothy Flax—sL.10. Whisky-#1.11 Steady; cash. dle; May, 534e; July, _eash, 43%c; May, 455045 ke Ribs =8t Flour —Unchanged: spring, $150; HADLRO; winter patents, $4.50700.80, Bullc Monta-Shoulders nnehangad, $5.00@ short elear. $1.9004.9; short ribs, $4.50 Huttor—Unchanged; ereamery.16@%0; dalry 126020, Choesa Dpatents, Unchanzed; fullcream choddars, 014 L 04@ 11 Youns Amerlcans, 1@ Unehan Unehar 3 frosh, 1063200 ed; lizht an | heavy groon 1 bull, cons, 1 solid y Ao el Rovel pts. Shipme om B0, 00 Onts. bu 93,000 122,000 New Tol ocoipts, 2100 nominally lower: elovator; - B110 options lower, t 3005, Yok b, ry closin 1pts 15,00 bushels; ox ports, 6,000 do in’ olevators u options lowe rod, Fobry Corn—Ree Fradod mix ruary, 6 Outs—Rocolpts. 20.00 bushel spot dull and unehanged: No. 2 white, Bago: mixod western, SbHLe: white wostern, aeei2e: options, dulland nominali Febraary, firm: falr rofining, 8 con- test. 6 U-tie. reffned firmy 110750 white extrn $15-1005 ot VA 5D standard “A. ut loat, vowdered, 5 7160, granulated, o roloun 6 1L007B11,50. stonm, ¥ in) @180 2ic. ST, Louts, 7.~Wheat — Lowaer; GmITHHC i cash, May, %0 May, $55c. Wiisky Butter MINNEAPOLIS, wheat 10wer ot slow. Receints, 25 oars; shipmonts, 7 cars. Olosing: No. 1 nard, ¥ L Utc; on track, Sikge; No. 1 northern. Febraary, 01c: ' Muy, 03l on truck, Me: No, 2 “northern, Febraary. We; on tracl. 904@INY Wheat — Samiple No. red, Fob- Cash, Ste bid. O ady: No 471G Outs—Stoad 4410 bid, MILWAUKPE. sh, 47%¢ bid; 2 cash, 45¢; February, -Eusior; No. 3 2 whito, 47450, pork, May, #0.83. Feb. 7.~Wheat Oats—Steady Provisions CINCINNATIL 15i No. 9 \—Eastor; No. 2 mixed, 8544@5he. Quict; No. 2 mixed, #8c. Whisly —3L.14. Livaeeoor, Fob, iat—Quint: demand rfroely: red westorn. winter, ixed wostern, 68 30 per #3up to 118, Pullman rose (o 195%, The total 8iles 0f stocks was 105,90) Shires. The following were the elosin Juotation 0.8 4s rogistore: i do preferre. Now Vork Central. . Ui TaglPL Dk | 18 2 | Roek Isiand LAY 5 * 8ok g D ral Pacifie. .. Chicago & Abon ... Chicago, Burllnglo: & Quiney i Do L & W 1iiinots Contral LB & W ... |Union Pn Ki 34| W SE. L & P 124 | do proferred Michign WA Wostomn Unlon. pt MoNEY er cent Preovik M STERLING ny bills, 1.5 Ou call, Tosed offered at CANTILE PAPER HANGE demand, NEW YORK 8T “Soke [ Open. | 11igh | WALE.. Hocking Val anhatan S btd | 77 par eont. Quiet. stondy: sixiy- i 4 4 10% el : g ndn o | i L& Load Trust G.OC...... Union Pae N. P | N, Pae. com. CLB&Q. | ok Island anl S, Paul pfd | West, Unlon D, L &W..| Bukar Trust AmSug.Rf Jersey Cont ngl'd Chienzo s | Reading, & Hud Paliman, No. Am Mich. Cont. Stlyer. .. A8 R Wis, Cent.. Mox. Cont A C Ol Toxns Kennott, Hopkins Lathrop Gommission company — The stock market has - shown _wnueh irrogular- i1y today some elassesof stock have been strong and others weak. Coul stocks us TouD are the strong featires, Jersoy ¢ Jeluware & Hudson and Deiaware, Lo wanna & Western all advanced sharnly what influence bs at Work to geeount for this we don't kpow. Certalnly the excessive pro- duction o’ coul over tho demand which has | made stocks aceumulate und prices weak o 1% not an argument in favor of bulling | these stocks estern 4 vy under aiscouraging ady ompletion of the Western trafllc atlon, oWIDg o the refusal of Atvhis other rouds o co with demand of the chalrman tho tlon, The report Atchison for Decem ber which s #481,000 1s #1s0 very depressing upon all wes- torn stocks, a8 1t reflec dono iu that country. on towards the elos being fnfluenced by unfavorable statoments which showed a lurger decrease in the reserve tham was expected. also loss in & Co to Ohristle Tne market grow we poor business being | LIVE STOCK. Onicaao, Fob. T.—Cuttlo—Rocoipta, ot stendy to wea' sieors, prime. § ood, $3.0.@4.90; cows, ¥ Hogs— I rongh und col good mixed, buteher wol )--Receipts, o, §.0.05.00 mar lowers 1405 packors and rin and T—Onttle—Recelpti. 00 . 300" hoad; market siondy: Talr Lo faney native stoors, BLO03L); sloe und feedors, 03,40, Recefpts, L5 head nead; market lowers hovy, § B2 light, 81,404 KAN3AS Ory, Fen, 7. hoad; shipnents, 7 snipments 3.0 1 Outtle ~Recelnts, 180 ) head: market about stockersund fesd ers, AN cows, BV Hogs—Recolpts. 15,50 head; shipments, 4.700 hond; market slow and lower; all gradvs, $5.0) @143 The lmprovement Record Thore is a noticable activity in the realty market and brokers are more than well ploased with the outlook. Whilo the number of deals the past weel was notlarge, the business was especially satisfactory, 1s the most of tho salos were made to new- comers and inquiries are pouring in rapidly from people who propose 10 loeato in Omahs the coming season. Some biz_concerns are seeking locations for manufacturing and business sites and a busy season is in stors for the active dealers in dirt, The following figures give real estate transfors, building bank clearings for the week WEAL ESTATE TRANSPERS the totals of permiits and 35,74 i Suturdny SO - o ondrne rs etk BULDING PERMIT Monduy Tuesday \ Thu Friday Suturduy Total e b ed to itoll the Boss. GiraRpYILLE, Pa., Fob. 7.—[Special Telo- | gram to Tux Bex) —For some wesks past a wumberof mine bosses and promiuent citi- 2008 bave received anonymous communi tions decorated with & coffin, crossbonss and skull, similar to those reccived during the relgn of the Molile Maguires, Litte or uo at- tention has been paid to these missives, but last night as John Williams, who had been notified, was on his way from Raven Run to Shenandonb, several masked men waylald him, und ired & volley of bullets. His horse succceded in carrying him safely over the mountains in the dark. Othiers have recesved 1iko notices and are fearful of meeting & Itke or even worse fate,