Omaha Daily Bee Newspaper, March 7, 1892, Page 6

NO CLEW T0 THE MYSTERY Brokers Anxious to Know Why Uake Shore Took a “purt, MANY HOLD GOULD RESPONSIBLE They Are Equally Anxious to Know Why That Stock Suddenty € wnd Left & Comfortable Maj on Wall Street’s Cur New Yonk, March 6, -|Special Telegram to Tue Bee]—All ordinary calculations were upset by such a market as we aro hav- ing now. It isone of perpetual surprises. The latest has been given by the Lako Shore. Hero is a stock which seemed tho embodi- ment of conservatism. Speculation in it was based on general ideas and its move. ments were therofore slow and steady. Sud denly one afternoon, without any cause that the average observer can discover, brokers rush into the oxchange and buy 1t 50 eagerly that it mounts five points in thirty minutes; next morning it jumps five points moreand then as suddenly falls pack the same amount. Friday morning Lake Shoro sold at 128, 1n the afternoon at 180; Saturday it jumped to 140, then aived back to 1 Such wild movements exceed those of the industrial stock which used to fill people with grave fears about “‘shak- ing public confidenc When people seo such a stock as Lake Shore cutting capers like this it produces something of the samo fecling as might be excited by the sight of a gray bearded, ven- erable man of known staid demeanor all at onco rushing into the street turning hand- springs, climbing lamp posts and jumping over apple stands. Oue looks on amazed and inguires the oause. Shrouded In Mystery. It Is o mystery, the latest the strect has been treated to. Somebody has the key to it, that is certain, for the brokers must have received their ordors from some source. Rumors that a ‘“melon was to be cut’ sprang up on all sides, but no one seemed to know what melon it was to be or why the cutting of it should have been de- cided upon Friday morning. Michigan Central rose about eight or nine points also; is thero to be a melon in the way of scrip dividend or some other extra distribution that stock also! Another report was that it was due to a large order to buy the stock “at the market,” as tho technical term is to cover shorts, and the order was said to come from Mr, Gould, who had determined to close a long standing short account he had in the stock. No one elso that Wall street knows of would givean order like that except Mr. Gould. Hence, when the rumor spread that the buying was to cover shorts, Mr. Gould was naturally thought of as a man who was short. When the stock broke back after touching 140 and the whole market slumped, the excited brokers had it that Mr. Gould was dead—died suddenly in his private car. The wits of the exchauge divined the cause immediately —he had been told the price of Lake Shore and it kitled him. What Caused Gould's Action. Supposing it to be true that Mr. Goula was short and had ' determined to cover at any cost, what was his reason for doing 1it! Had he received sume information which decided himf Supposing there was no truth in these stories, und the suddon capers in Lake Shore were merely clever manipulation, mado possible by the small amount of stock after that in the street, then it might be as- sumed that the price will collapse even more qu‘lukly than it rose. But this is not so cer- tain, It is obvious that the Vanderbilt holdings of the stock have not come upon the market or the price could never have risen to 130, to say nothing of 140. It follows, therefore, that at any price vet made for the stock theso largo holders are not willing to sell. This argues an iden of the value of the prop- erty, which may yet put it to the prico of Lackawauna, Some ono, how- ever, took the opportunity afforded by the excitement in Lake Shore to unload o considerable quantity of Reading and doubt- less such suporfluous amounts of other coal stocks which large msiders were willing to let outsiders bave. have been coming on the market lately while public atiention was at- tracted to the great strength of the Vander- bilt stocks. It is a novel sonsation to the street to have Lake Shore enveloped in mystery, but mystery seems tho fastion now. Delawaro & Hudson was cuveloped in one a week agoand those who started it were greatly entertained at the case with which it ¢an be done in theso umes. The stock shich is peronnially enveioped in mystery now is ew England. An o‘wrllor who has had BOme experionce in theso things says he uever handled u stock which responded so readily to manipulations. Easy to Care for Miltions, There are only $:0,000,000 of it, g0 the amount afloat any time is easy to take care of; one-half the people beliove it 1s worth- less, the other half that it will be of great value some day, through the rivairy of the nelghboring weaithy companies of the prop- erty. So conditioued, New England can bo worked to a charm, either on the bull or bear side according to the general temper of the market, The gencral tempor now is bullish, strongly s0; hence there is nothing surpris’ ng io the fact that New England has been put through auother of its mysterious phases, enabling some one on the inside to unload a considerable block of the stock at satisfactory prices. Nor is it at all unlikoly that after a period of rest the stock will be brought back again and another bull turn made, 1t is & mine of gold when properly han- dlea so long as the road is not leased by any of its more powerful neighbors, lcasing would remave the stock from the speculative arena. For the coming week we are tola to buy all the Vanderbilts, including North- westorn; to buy Erie; also St. Paul, which holds its dividena meeting Thursday. There Is to be notop for Vanderbilt stocks. One can believe almost anything after Lake Shore's porformances. The industriul stocks are quite distanced. They bave become tame beside the gyrations of the heavy dividend payers among the railroads. Never were bull ?nlutn thicker in Wall street than they were Friday and Saturday. The air was dark with scrip dividends, privileges, rights, distribution of surpluses, new combi. nations, increased dividends, guarantoes and tho rest of it. Tue concern, however, seems to find its reorganization road hard travel- ing—the Richmond Yermnal, 1t 18w Big Deal, The new scheme appears to be in & bad way. Mr. Olcott will have to look out or his reputation for success as & rooreanizor will receive u fatal blow, It will be said of him thai ho underestimuted the size of the con- tract he took in hand, which is a bad thing to have said of & man in bis position, The Terminal securities fell while the rest of the market was going up and as for tho 5 per cent bonds they took a header of about ten points in two days. When the whole list dropped back Saturday in the last half hour it was doubtless due to a knowledge that the bank statement just about to come out would bo bad. It showed the surplus re-. erve to be decreased 5,600,000, while the loans were increased nearly §5,000,000. The deposits had increased only $1,600,000, so the loss in surplus was due to the loans, This ives us some idea of the amount of securi- ies coming to us from abroad and the nu- merous dellveries of stock in ten-share cer- tificates, and of bonds with the Euglish rev- enue stamp on them are indisputable evi- dence to the same effect, London seems to be inexhaustible; it sells, and sells, and keeps on ulllng. But brokers who do an active foreign business report that there are ocertain llgn- now that the bottom is about reacheda. Stocks are getting scarce for delivery on the otber side, ‘That tells the story. Soon they will find their market bare of Americans.” ‘'hen must come the turn and London will pegin 10 buy back some of the securities she h: Eound upon us so persistently, This is a ull point—merely one in the @eneral crop of them. We are prepared for suything after such events as Lthose of the last week, and merely usk, what next! FOREIGN FINANCIAL REVIEW. Staguation Seems to Be Settling Down on \ Everything, LoxnoN, March 6.-—-Discount was easy gurivg the pust week at 13{ per cent for three months and 14 per cont for short. Money was more plentiful, but there was no demara. Bill brokers nave daily been mak- Jni repayments t the Bank of Fngland and supplies have been further increased by the return of currency from the province where capital taken out of com ercial _enterprises throuch declining trade s placed 10 banks _awaiting @ better chance for investment. Stagnation seems to be settling down on everything with dull times and permanent low rates. The woelks advance in sitver of 1s 8d disappointed those expecting a sharpor reaction. Busi- vess during the week was alnost solely on Indian account. Oa the Stock exchange movements were irregular and business gonerally was inactive, The prolonged negotiations for the settloment of the Muriot- tas affairs tends to_check operations, The South American Trust has witharawn from the proposed arrangeiment whereby they be- came_responsible for the Muriottas liabili- ties, about £500,000 of which 18 immediately pavable. A financial crisis in the Muriettas affairs {8 thereforo imminent. It awas reported yesterday that the bills wore roturned and that the holders are about to apply to the accounts for the winding up of the firm. The putting an end to the pro- tracted susponse regarding tho fate of the firm will be u positive relief, financiers thus gotting rid of an uncertainty long impend- fng. Tho frosh dovelopments in the coal panic had an influence in checking business aud especially in British railway securitios, in which there was a genoral fall for the week of from & per cent to il§ per cent, American railway securities experienced spurls of activity’ with intervals of quiet. The course of aoalings showed that Noew York was buying and the English public for the most part selling. Although values were chiofly sustained by Wall street orders, considerable buying on English _account procoeded in Vandorbilt stocks, the chief favorite being New York Central shares, the demand for which was aimost sensational, Variations for the week in prices of American railway securitios in- ude the following: Incroases—Lake Shore, % per cent; Donver & Rio Grande, pre- ferred, 11y por cent: Erie, ordinary, 2 per cent; Denver und Rio Grande, common, 137 por cent; Union Pacific shares, 11¢ per cent} Atchison, income, Notthern Pacific and Louisvilio & Nashville, 1 per cent each; Atchison, Central Pacific shares, New York. Ontario & Western, Norfolk & Western pre- forred, Ohio & Mississippi ordinary, Wabush proforrod, ' per cent each; lllinois Central, 1 por cent; St. Paul common, 34 per cent} New York Central, 41 per cent. Canadian railway socurities were quiot, Grand Trunk third preferred declining 1 per centon the week, and tho Grand Trunk first and second preferred }¢ por cont each. In the depart- ment of foreign government securities Span- ish bonds daclined 214 per cent tor the week, owing to selling in Paris and bad national financial prospects, Portuguese issues under the same influences went down 13{ per cent, while Italisn bonas declined 1i{ per cant and Argentines 1'j vper cant. Among the miscellancous securities all Sophis browories show a falling of 11 per ceut for the weok, and Elmore copper a fall of 114 per cent. Havana Market Review. HAvANA, March 6.1t was a quiet week in the sugar market; only a small business was done. Quotations: Molasses sugar, regular to good polarization, 2250, eold, per quintal; Muscovado, fair to good refining, 8 to 90 dogrees polarization, $2.25@2.50, gold, per quintal; centrifugal, 92 to 96 de- grees polarization, §2.871¢@3.124, gold, per quintal, Receipts from” 25th to 20th’ uit., 09.000 bags: 613 hhds. Exports during the samo time, 94,000 bags, 757 hhas,, of which 77,000 bags and aill the hogsheads to the United States. Bacox—80.50, gold, por cwt. Frour—American, $7.70, gold, per bbl, Jerkep Berr—$8.50, gold, per 100 1bs. Hawys - American cured, $12.50 gold per quiutal for northern; £16.50 for southern, Larp—In kegs. $.50 gold per quintal; in tins, $11.00. Lusmner—Nominal, Srokes Axb Hoors—Quiet. Cnewine Tonacco—$19.50 gold per quintal. Wurte Navy Beans—$b.15 gold per quin- tal. Freiants—Quiet and weak. EXCHANGE— W eak. Seaxisi GoLp—$2.403{@2.41. On the Berlin Bourse, BEerLiN, March 6.—Business was quiet on the bourse during the past week. Home funds were firm. Iron and coal shares rose on the prospect of an English coal strike, but receded yesterday uuder the expectation of a settlement. Bank und industrial shares woro weak. The final quotations include the following: Prussian 45, 106.50; Mexican Gs, 81.80: Deutsch bank, 153.10; Bochumer, 105.90; Harpener, 138; &hort exchango on London, $20.42; long exchaunge on London, §20.3214}; private discount, 114 per cent. out $ On the Paris Bourse, Panis, March 6.—The settlement has just been concluded. Contages weroeasy. Many buyers of Italian, Spanish and Portuguese securitles closed operations, causing a fall in those securities with weakness in foreigners goncrally. Government stock was firm, after the now cabinet’s declaration of its policy. Three per cent rontes show a riso of 60c in the weok and Ko Tinto 7%f, while Credit Foncier dropped bi41. tOn the Frankfort Bourse, F'rANKFORT, March 6,—On the bourse dur- ing the week business was dull. Foreign securities yesterday relapsed !¢ per cent. The final quotations include: Hungarian gold rente, 42.5; Portuguese, 35.50; Russian, 93.60; Spanish, 55.30; Austrian credit, 263} short exchangs on London, $20.42; private discount, 13 per cent. THE SPECULATIVE MARKETS. There Was a Decidedly Bearlsh Feellng In Wheat Yesterday, OICAGO, TIL, March 5.—There was a decld- edly bearisn feeling in wheat during most of the sesslon und lower pricss. The news pre- sontod u sharp contrast with that which was ¢lven out so freely yestorday. The bulls hardly got a sinzle ftem in thelr favor, and the suspicion which started suying that trade nbad beeu vleverly decelved by munufactured intolligence was strongly felt. Tho manu- facturers who were represented as buylng so vigorously only yesterday, and the damage to crops which thoy represonted as so alurming, were sourcely mentioned today. On the con- trary. dullness and apathy seemed to prevail everywhore. Amidso much that wus bearish itisdifficult to say what was the most de- pressing, but the moager exports from the sou- hourd for the week—only 2203000 less than for u long time—was very discouragiug. The fact thut much wheat wis cloared from the seabourd yestorday was anothor bearlsh item. A published report on the condition of the winter wheat crop. the continued free move- ment in the northwest and the lower cables wero likewlse weakening in their tendency with the shorts and it did’ not tuke lon: for the crowd to get on the bear side with un- usunl animution. Lougs saw all their hopes of profits shittered und muge haste to sell and others, tuklng new coursge, assisted in the declin by selling treoly. Thero was very Httlo disposition to buy until thoro hud bocn u docided recession in prices and even then it wus mostly in the wiy of covering Ly shorts who had “good profits In sight. Pardridge was o buyer snd covered a big 1ine of wheat. The 1ast two weeks must hive brought the front speculator biz winninzs. - Now Yorkers od by Cottrell, were houvy sellers from tho start, The weukness continued thronghout who sesslon with no noticeavle reaction and glosed wouk and only allghtly above the bot- tom ngures of ‘the day at a loss of over 1 per cent compured With yesterday. May openod Ao lower ut Wie. sald to filie, went off to Wise, firmed to 89ie, broke to s0iie und closed weak at b0, Corn wus quiet and ensy; recelpts were a tritle in excess of the estimues and contained 16 cars of contruct, Trade was slow and this with the weakness In tho wheat pit snd tho wenkness of the cash demund were depressing influonces. The transactions were confined o8 runzoof %ound tho list was ke lower than that of yesterduy. Outs were dull and eusy and the market was teutureless. Considering the weaknes wheat, the duliness in corn and larger re- celpts of outs than expected, prices held very wall, closing with ie 1o 1og products wore quiet and rather easy, though the opening wus i 1itv'n firmer on no- count of the receipts of hogs boing 6,000 smaller than predicted and prices at the yards from fe to f0c higher. " But there was liftle Inquiry and the firmness soon disuppeared. The close shows the market unchanged with lard und ribs de bigher. Estimuted recelnts for Monday: Wheat, 173 oars; corn, 205 onts, 127 cars; ho.s, 20,000 head, und 13,000 head for next weok. Cnsh quotations were us follows: LouR—Steady and unchanged. WiEAT—No. 2 spring wheat, 8ixe; No. 8 spring wheat, 8o; No. ¥ red. v2e. wSouN=Loweri No. 2. 4140; No. & yellow, ™ OATS—No. 2 204c; No. 2 white, £ o b. 2@iie; No. 8 white, §oe. BEYE-No. 3 86c Ponk—Meus pork, per bbl, B10.02%; lurd, ) THE 14: short ribs sides _(loose) dry'salted shouldurs (boxed), $4.75 EV—No, 2. 560; No. 8 f. 0. b., $2@50; No. 4, 1. 0. b. 33@3c. TiMoTHY SERD- Prime. $1.24@1.31, v'iumw ~Distillers’ finished goods, per gal. 4 BUGARS=Cut 1o 1f, unchanzed at 5@5%c ConN—No. § yellow. 30%@ioe. OMAHA TICLES. | WHEAT-No.2 | | March B8 Bl ETy May.... ... wig w0 sog | COnN No. & | March...... anl | ok May sl | e June.. allg| A% i) OATER G 1 March mg| gl oy wns| 0% My, MESE PORK | March 10 073 10 87 11 17g| 11 07 low: ANTICLES, Flour. barrels Wheat, bushols Corn, b 8. Onta, bushels,. Rye, bushels 7.000 Bariey. busheis 153,000 On the Produce exchunze today the butter murket was unchanged; fancy croamery, M. fine weste ¥ 1ic; ordinary, 0@e; seiected dairy, 2@ ordinary,e 1K32e. Kggs, 14D 4t5e. 166,000 New York Markots, NEW Yonrk, March 5, Recelpts, 21,264 ks:quiet, dull, i dull, steady; yellow western, 2,703 10. WiEAT—Receipts, 67.0) bu.; exports, none; sales, 610,000 bu. of futures; 76,000 bu, of spot Spot marketdull; No. 2 rel, $LO3G@1051 in store and elevator; $1.0614@1.06% afloat; 81,054 @L07% L. 0. b: No. i red, quict: No. 3 un- graded red, 81 1_northern, 1.04: No. 1 haed, $1.065@1.075; Np. 2 northerr e, Options’ were weak and dull, closing %e below yesterduy on lower eables, foreizn= ers selling and favorable weather west, No 2 rod, March $1.024 $1,03: LN L0, closin X ng at 90%¢: July, 031@08%c, olosing ut 98les Aveust, BL@HG, closing L gae. BAnwEy—Dull, but steadys No, 2 Milwaukee, 5@ 60, g BARLEY MALT—S00 Ty Conn—Recelpts, bu.: exports, 6, bu.; sales, 110.000'bu, futures: 91,000 bu ' spot. Spotmarket quiet; No. 2, 404@1%c in vle- vator; 00%@50%e afloat! ungraded mixed, 484@31%0; No. d 48 steawmer mixod 491@50i5¢. "Options stoudy March, 49%0; April, 5, 4@ 3%, closing nt 5040} May, 40 11-10940%¢; closing av 493c: June, 48X July. 494@10%c, closing at 4. OAT8 — Roceipts, 41,0.0 bu.; exports, 24400 bu.: sules, 40,000 bu. futures: 55,000 bu. spot: spot market dull und_steady: ' options duli and easler: 4% @11i4e. closing at #ilge: April 3% c. closing at J6%e: spot No. 2 ufloat dig@dise; mixed western. $6a 3c: white western, 30@4lc; No. 2 Chicago, e, HAY—Quict and firm. Hops—Quiet and eusy. Paclfic coast, 10@23c. SuGAR—Raw. quiet _and stoady: fair refin- inzde: centrifugals, 90 test. 3%o 1 refined, Grm and quiet. MoLAsses—Foreign. dull; 50 test. 125¢; New Orleans quiet und firm; common to fancy, %@ a6, RicE—Fulrly active and firm, PETROLEUM=Stendy; United closed at 80%e for April, TTON SEED OrL—Steady and quiet: crude, yellow, 2c. ow—Quietand easy; city (82.00 for pkgs). ada country made. SIN—Firm and quiet: steamed, common od, 31.8)051.3745. RPENTINE—Dull and stendy at 40@40%c, EGGs—Lower;: lurge receipts; westorn, 150; receipts, 14,24 pkys. Hives—Stendy and qulet; wet salted New Orleans selectod, 45 and 75 1bs. at 6@sc; Texus selected, 5 and 6) 1bs. 6@ ed bellles. 63e; plek- pickled haws, 0@ldc: fot and casy: short cleur. #.55. sndy and dull western steam, option sales, 20 tlerces; March. May, $6.86 usked; July, 86.01 askod. BuTTER—I'Fecly offered: western daliry. 196 2e; western ereamery, 21@.0%¢; western fac- tory, 1602 ns, d140. Cukrse—Firm and quiet; partskims, 6@1044c. P16 IRON—Quiet and easy; American. 815.75@ 17,75, leke, $10.50@ oloprER—Quict and stoudy; LeAb—Stendy and dull; domestic, 81.15@4.20. TiN—Steady; straits, $10.60 Omaha Produce Markets. FrLoUn—Omahu Miiling compan tent. £25); Invinciblo' Paten r Suverlutive. 3 Family, $:.% snow \Whiie, 82.25: Snowflake, £.00; low grade, #1.60; Queen of the Pantry, $2.60. PouLTRY—Chicke: 0@10c; weese, ducks ®ood stock, nd turkeys, 11@12%. Burrer—Best choice” country roll, 10@21c; lower grades, 17@l8c. % HipE: 0.1 green salted hides, 4}4@4'%c; No. 2 green salted hides, 435@ No 1green salted hides. 25 to 40 1bs., 3@3%c: No. 2 green salted s, 25 to 40_1bs., d@dige; No. 1 veni calf, 8 to 15 1bs., 6c; No. 2 veal culf, 8 to 15 1 bs. 4c¢; No. Ldry flint hides, T@8o: No. 2dry flint hides, 5@tici No. 1 dry saltea hides, 5@te.” Tal low, No. 1, 3%@4c; tallow, No. 2 d3c; grease, white A, i grense, white 4@33c; grease, ellow, de; groase. durk, 24ci 0id butter, 23 "{xt beeswax, prime, 10 rough tailow, 1% @: HAY—Slow wt $3.50@5.00. The latter price could only bo obtuined for something extru good. # EGGs—Murket easler ut 12@13c, Cur MEATS—E led shoulders, G@atic; middle: Kansas City Markets, KANSAS Cirv, Mo, March 5—FLOUR— In good demuna, firm and unchanged; pat- ents, $250; extra fancy, 82,200 tancy, 2052155 choice, #1004 Beuter; No. h, 82¢ bid, —Lower; No. 2, cash, 8ie bid; March, asked, Steady; No.2, cash and March, 28¢ bid. Veak: No. 2, 17Q78c. LAX SEED—S0c, BRAN—Steady; 6ic. HAy—Murket stron; prairie £5¢ higher; quotations are, timothy, #.00 per ton: fancy prairie, $5.59; zood to choice, #.00@0.00; low grados, #4.50@5.00, Eaas—Steady at 12¢. BuTTER-Scarce, but firm; creamery, 22@%c; roll, firm to higher at 14@21c. CHEkSE— Unchango Young America, 10¢; Kunsas. 7@de. RECEIPTS—Wheat, 38,203 bu.; corn, 27,040 bu; outs, 1967 bu, SuiPMENTS—Wheat, 22,015 bu.; corn, 23,178 bu.; outs, 2,457 bu, London Wool Market, LONDON, March 5.—The receipts of wool dur- inz the past week were: From New South Wales, 1071 bules: from Vietorl, 1752 bales from South Australiu, 1,42) bules; from West Australia, bales; from New Zealand, 2,617 bules: trom the Cape of Goca Hopo and Natal, 2,402 bales; from Russiu, 1,100 bules; from I'rance, K78 bales, and from various other Ppluces, 753 bales, offeo Market, NEW Yok, March5.—Options opened barely steady ut5to 15 points down; closed stendy at 510 10 points down: sales, 5.76) baus, in- cludinz March, $13.60; April, $13.00@18.06; Muy. B1275012.80; July, # September, 812, Lo, Svo” Rio”dulland nominali No. Liverpool Muarkets, LIvERPOOL, March 5.—WigAt—Dull; hold- ers_offer moderately; No 2 red winter, s 11%d per cental Corn—Steady: demand falr. BACON—Long vloar, 4 STOCKS A Complete and Demorallzing Changes O¢- curred in the Whole NEw Yonk, March 5.—The stock markoet again showed evidence that the moving power behina the fluctuations Is only manipulution and, while the strength of the whole list wus very declded in the first hour, complete and demoralizing chunges oceurred at 11 o'clock und the most positive weukness murked the trading on the exchunge for the lust hour of the session, There were two principal causes advauced for this sudden change in temper, one being the rumor revived of the dewth of Mr. Gould und the other was the appointment of a recelver for the Georeia Central rallroad. The former. however. was quickly donied, the lutter was known before the opening of the session und seemed to huve no weight dur- ing the first hour. ‘Iere was beside o bank statement which showed a lurge decreaso in cush, despite u moderate increuse n deposits und & heavy expansion of loans, which cuused & reduction iu the surplus reserve of over &,- 000,000, This undoubtedly had some influence, but the downward movement was in full swing long before the issue of the stutement, The market opened witle a firu tewper, and the who e list, with the exception of the Rich- mond & West Point securit.es aud New En- lund, scored further lmprovement in the first hour,' there belug up 1o thut time no ad- vantige to the Vanderbiits, though they were stiil strong, aud Luke Shore rose rapidly from 180% to 1404, Michigan Oentral more than keeping pace with 1t with a riso from 117% 1o 119 on much smaller business. All the other stocks of this group felt the ‘stluulus, and Northwestern and New York Centrul made materiul guins, selllug up to the highest polnis for the weok. Up to thls time the concessions in every- thing but the Richmond & West Point were insignificant, but that stock went down 1% per cont wnd retired furthor, whilo the pre- erred, ufter opening down UX DOr veut at 65, DAILY BEE 1 | turther dropped to #ay In the face of the wenkness in the rest of +he 1ist it raliled to 67, but closed at 65, The Bhoral list quiekly ran off in the last hour & heavy short selling, tozether with tho exocition of some ston | orders, ncgelerated yhi decifne. Luke Shore aropped from 144" fo 184, Northwest- ern 121 to 119, LigKawanna from 1 101%0% and Dolaw:rd & 1udson 140% to 187%. whi e the entire st wak, brought down bel the list of yosterday. - iAdvances were lost in ses and In mumy addition 1 fractions, ught was keptup to the ciose and markot finished weik «t the lowest prices of the duy. Michigan Central was the only stock which heid on tddny portion of its nd= co, and It 1s % pottept higher tonizht at thouh the bid fof ikut the closo wis ma- teriully below that fgure. Tho losses. how ever. fneluael Luke Shore and Delaware Hudson each § por “eont. Richmond & West Polnt 31 percent and New Englund and Mis- sourl Paclfic each 1% por cent, The following are the closing quotavions tor the londing stocks on the New York Stock ex- change toduy Atohison Adame Expross Alton, T. H...... *Alton, T. 0. prd American Express B C.R&N... Canadn Pacino 3 outhern Northwestorn do preferred N.Y. Central, N V. Chl, & Bt Ao proferred Ohlo Missisaippi o profer; Ontarlo & Westorn Orogon Improveme't i T L PO Chen. & Ohlo... do 1at preferred @0 2nd preferred Chicago & Altor C.B &Q . € O Co8 SL T Da. Hudso Del L. & W. D& R Gy t Tenne Ist preforred do #nad'proferred.. Erle... o pr *Fort Wayne Chi & st 111, . Pacific. . Hocking Valley .. .. 3l'4|Tol. &0. Cen. pfd Houston & Texas.... # ‘l'n\nn Pacific, Ililnols Central 06 U8, Expreas......... St % & Duluth,, « 41 |Wabash St. . & P.. Kansas & Texas..... 17| _do preferred. ... Lake Erle & West... 25k *Wells Fargo Kx. o proferred....... 10'{| Western Unlon LakeShore... ... 1§84 Am. Cotton OIl.. Loulsville & i% |Colorado Coal. Loulsville & N.'A.... 2% omestake. Memphis & Char. ... § °ontario. ..., . Michigan Ceatral....114% Quicksilver. ... . k| o preforred. “d0 preferred.. .. 180 |Wisconsin Central. Minn. & 8t. L. Kig|Great Northern pfd.. do preferred Chicayo G X Misourl Pacific Lond Trust Mobile & Ohto. gar I Nashville Chatt. outhern Paciiic N.J. Central. Norfolk & West pfd Northern Pacific. do preferred. VP Denver & 6. *exdlv The total sales of stocks today were 100,000 shures, including: Atchison, 8605 Canadn Southern, 14,086; Delaware, L Western, 401 Erie, 1110: 1 Louisvillo Nushville, ' 5 Missouri Pucific, 5 New York Central. 8 403 Reading, 47,05 1; Richmond & 25,248; St. Paul. 48,600; Western . Oy 0 A 18 Min, & Ma ul & Omahn, proferred. .. Conl & Trof 67lg | Dist.... i Englund, West Poin! Union, 3,5 Financlal Review. NEW YORK. March 5.—The Post says: A pyramid bulit on its apex may be reason- ubly expected to topple over when it Is pushed. The market forthe Iast few days has been precisely such an architecturul mon- strosity. In the face of anaturally heavy list. & group of professionsl operators have been foreing the most extravagant advances tn prices. o expiain this movement only two apoiogles for urgument have been advincod— a stock dividend on Luke Shore and possible consumption of dividend durinz the week on St. Paul common. The first was aoubted even by the enthusinstic buyers of yesterday: of the socond possibii- ity the professional traders have exnctly as much knowledge now as the most ignorunt outsider. The renewal this morninz of the crazy buying in Lake Shore and its companions prepires I.EA: way uiore invitingly for tho bear raidersi *The advances of four Do t3 In this stock wud’ of two In Northwest- orn were made in absolute indifference to the blow received by the Richond Terminal re- orzanizers, which sent the stocks of that con- cern bowling down still from the start. Only one other factor wi neeaed. Ialf an hour before the close the houvy decrense in the bank reserve was reported wnd. then the market collapsed. New York Money Market. NEW Youk, March 5—MONEY ON CALL— Easier; no loans offerea at 2 per cent. Piuasi: MERCANTILE PAPRR—4@35% per cent. STERLING EXCHANGE=-Qulet but steady nt B85 for sixty-day Dills und $.87 for de- mand. ¢ Tho closing quotations on bonas: 8. dsreg. K &T. Gen. bs... 4s coup. utual Unlon U. 8. 4igs reg. . N.J. 2 Int. Cert Pacific vs of 05. .. North. Pacific Iste... il La. stamped ¢s North Pacitic 2nds...115 Tenn. new sot 6s. Northwestern Con... Tenn. new st 5s.. North, Dobent. bu.... Tenn. aew set St. I. & L. M. Gen. ba. inada So. 2nds. St. L. & 8. F. Gen.M.. 107 st.Paul Consols. .. ..1274 3t B, G & Pac. 1ste. 117 lex. P. L. G. Tr. Rets 81 rex. . R. G. Tr. Rets 32 Unlon Pacfic lata.... 1073 et Bhore <1053 2 D. & R. G. West ists. 791 Krie 2n 07 M. K. & T Gen. 6 8 Boston Stock Market. BOSTON. Mass.. Murch 5.—The followinz were the closing prices ou stocks on the Boston stock market today: Atchison & Topeka. 384 Boston & Montana.. Boston & Albany... alumet & lecla. Boston & Malne.. anklin C.B. & Q. [Kears Fitchburg 1 3 | Usceoln 4 Klint & Pero M. Santa Ko 'Copper. Tamarack........... 156 Boston Land Co, ) 3 |San Diego Land Co. 16 West End Land Co. 19 Bell Telephone... . Lamson Store § Water Powel ‘ent. £ 240 2 12 & N, Eng. 120 old Colony S| Itutland Common .. Rutland ¢ Wi, Cen. ¢ Wis. Cen. pa; 7] Allouez Min.Co.new. Atlnntic vor Mining Stocks, DENVER. Colo.. March 5.—The foilowing l1st is theclosinz quotations on the Mininz excnange today. Sales 25,700, Alleghany. B | Amity 4 Tronciad. JohnJ..1 Justice . Leavenworth . Lexington. ... Littlo Hule.... Mny Mazeppa. .. Morning Glim’. Oro Park Consolidated P'ay Rock. | Potost Puzzler... 1.l Iteed National., Italto.... .. Ruaning Lodo Whale..... ... Sutton. Gold.. Bates Hunter. . Big [ndian, Blg Six ... Brownlow. Calliope..... Claudia .20 Century ... . Clay County.....".! Casl Din Denver Gas and Ewmons. Gettysl olden New York Min NEW York. Murch 5—Tho followinz are the closing mininz stock quotation Quotations, quotably hizher. s0ld us high as § und heifers went and canners from calves unchunged o wger offerings. THere WAS & Ver, ny rate fu ine enttle have ac 1L 18 wlmost fmp prices 15 to 2 2,00 to Ki.10. Represent No Av. Pr 1..1020 & (0 1120 4 15 #1013 0 0 No. 21 il i o P 1® pl 4 04 1118 1143 1141 1061 1072 1117 127 th 1065 2 10 21 10 2 1080 104 L840 L 07 L1036 K87 gs2 HEIFER 16..1101 ) nnd stags were steady at from from d not take very lonz to aull trada in and feeder line. The small inquiry for fecders seerus due, in & great degree atleast, to the Impassable condition of the country roads. 000 hiead of etock umuiuted [n the y.urds and possible to move them, © > lower than Inst woek volume of tradinz was small, with snles from tl cows. RS, EE £TAGS. OXEN. 00 Trading was only moderately active, but a &00d clanrnnce was effected. | The supply of butcher stock was limited and the falr to good grades naturally developed some little strength, waus tolerably brisk and prices firm ome_very desir: to 8435, bat fuir to good largoly from 8 usunliy ho market 25 0 to $2.00. #1.05 to 200 to ¥5.00. lear up the the stocker nd feec- at The vesale Av. Pr. 1208 8185 1831390 100 #0) 390 ‘0 400 400 110 415 e 25 5 STOCKERS AND FEEDERZ 10 1 051 587 260 270 ) T 20 200 10. 51 MILKERS AND BPRINGEQRS, 1 cow and calf. 1 cow and calf. 1 springer.. Hoas—Receipt short of Iast week and 1 of March J n St sof hozs this we Iy 1%,00) short " Thoro v terial change ln the general quality of the offerings. or the first time (n wi and local shipping demnnd vantago of this fact in getting coucessions especinlly on tne kind of hogs shippers been woight or less sorted, at weights at from §i. Were not o great a at from 14315 to market fr thin ally d salos belug from $l. .05 Iriday, the avera, RS0, agdinst $1,04 b Suturday. No. 4. King, I e.. lizht Al 2.5 Sh. 40 Pr. 880 40 100 ) 320 i 80 tew loads to demand of an riday Reprosentative siies: No. £ o4 eks there was huyers too! nd suc Se Lo o nod 10, vo butcher fron nd heavy They bought good light hogs, move from $4.45 to 4.; to %1, » dimerent trom, Triduy £ t i Start to finish, but nearly overy- sposed of. the bulk of the to #45 e of butchor 1 hozs was a slow. duil azainsy $.50 to prices paid boing und $1.56 last Av. 62 s 45 55 56 i 8. 0 60 [ 67 60 64 8 (i 7135 0 ) re sizned through to Chicaz the marlket. against sived were con- and not ofered on A 1oud of holdovers sold for %5.00 30 Inst Thursday as pa not anxious o carry the she The den is still tives, # 40 we: D hing resentative salc No. 180 western wethiors...... Recelpts Ofcial rocolpts and disp shown by the books of the Uni compuny for the P | | Head Swil & Co.... Cudahy Puckin Shippers and pen | Mexican & Ontarfo. . Oph Plymout Potost avige. Helcher....) 215 i) Standurd Unfon Co Yerlow Ju LIVE STOUK MARKETS, Week Closes with Light Recelpts and Rather Lower Prices, ) 5.—Ttovelpts f up 12,49 cittle, 22860 hogs and 5,208 sheej, WgAINSL 15,014 cattle M2 hogs and K077 sheep Just week nnd 1139 cattle, 40,281 logs, 4.5:0 sheep the first week oM arch lust yoa On'all but heuvy {tsteors, gaol enouzh for shipping or Exporting, Ahe wurket this week has been very dull dod unsatisfactory, For the better grides ofwnttle there has heen i Yery fulr outside domand, und aslocal dressed beet buyers also winted thiscluss of stock the active “competition rsheld prices up to respectable figures.( Medium fleshed und commonish gAtEle huave b hard to sell ull week, thoinquiry for e entirely local und ragkier indifferent at Light steers huve aiso beon selling badly, ¢ pecially for the pastTao or th eo duys.mulnly on account of the greitly reduced demund for good feeders, ek littor clusses of cut- tlo wre selling from 1106 1o 150 lowor thun last week, HButchers und uanuers' cattle ure sell- KU from 150 to 256 10Wer than i week or ten days ugo. The supply has beon more thun aniple,” while the shutting off of outside butehers' orders has'left the market pra teully Lo the tender mercles of locul buyers, The teeder murket hus been dull ull weok und a beavy supply hus accumulated. Prices aro frou 150 to 25c lower on about everything iu this line. Hoss have sold ve y uneven'y und the general ‘lmpression seeus 10 be thut we huve soen the high murk for sowe time. Eustern shipping orders are dluinishing and lovul ouyers belng relioved In & great measure of ouiside competition wre decidediy bearish, Prices are 50 to 10c lower thun lust week. Sheep values show no particulur chunge, the supply belng rather Hmlted und the deniand SUTOUE. The week closes with & very fair run of outtle, tnclud'ng w lurger proporton of good heavy beeves than any day thls week. Ship- pers and exporters were active bidders on e est cuttle but local buyers aiso wanted them. The result was an wctive, firm murket on anything good enough to unite coms petition. Cudahy bought giod cattle ighing around 150 Ibs. ut 8420 und 8150 und several louds of good 1,250 to 1,500-1b. beeves sold frou: 8370 to #.15. On the "under grades, however, the market was rather tame and spiritiess. if not ocens slonally lower, falr to good LU0Y to 1,800-1b, stoers selling from $.40 to $L60. Light and comwon steers sold wround M2 o B0 OMAHA. Marc the week foot Car D0 good to #1,2526.00, Av. Leve 106 Pr. # 00 Dispositi 1 of Stocl, tion of stoek Stock a8 Yards urhoars, ending ut SuELLr. HONSES & MLS. Live Stock Marl Cu1eaco, 11 March THE BEE ]=Prices for at from 81,25 to &30 for and heifers, $1.50 to $3.73 for stovkers /i #4.15 for Texas cattle. T murket were the same htsupply, un indifferent demund d vilues. urduys, u | and nominaily unchu 18] o or and foeders, sed beef und shipping stocrs, o pecial Tolegram to cattie today wero firm F 10 exira cows bulls, §2.2) to 8475 15 to 8.4 for nnd #2.00 1o wenoral feutures 18 for other Sat- Prices ure little higher thun they werc u weok azo for riptions of cattle, the adually stronger since only wbout 12, sipts hog il but fow and the shipping all urgent, but the mengos supply heiped ket uveraging close. Although at over #£3.00, the trudes ot #4.95 higher no and et was firmer. loci demund thi sales were the arkot hiving uosday. hoid, the kers wanted Q8 not At wroportions of the pac ellers 10 un advance, the mar- y's | an b yesierd were reporied 0 number of greater part of the offerinzs changed owners ubove #i Ciosing quotations wer poor to prime tight. ediun and beavy w 1L, uro quoted fr prices. rading in sheep prices, or at from #.50 1c Sheep, nnd at £.00 10 & Rec Catile, sheep, The o Even ceipts, 1,000; shipmont native stecrs, 40024 cows, bulls und mixo Hots—Iteceipts, 10,00 mirket aenve, closing 4.00: wixed, 8,700 1t #1700, BHEER ket firoer; western, owes, 8.4 (4,003 lam bs St. Louis §1. Lous, Mo., M 5 shipments, 700; str 10 £00d DALIVE steers, and Texnn ste Recoipts, _2000; hizher: 11ght, $1,0064.75. from #.40 10 #.! a zhis, was at ubout for $.50 to logs wel ing 20¢ 10 40¢ under Urlday's 16 for poor 1o exira or 1 1z Journal reports: shipments, higher: heavy, #1.0) —( For the B, B¢ Tho result AUD gl &a . & Bawpie Bok' o it 1ok nid Roduess ( plen, ic., removed. Conaultation e Dortutols S i T bs, L2005 Lo 8, 12,0005 OATTLE--[te L0 murket stondy 5. 8173, 0005 #4100 07 light, rough Recelpts. 1,6.0; shipuionts, 1000 mur- 3.4 04500 mixed, #i 0 © Stock Market, IATTLE — lRoc nz, but inactive 15 @A, 00 u. 82,7 G0 shipments, houvy, $7024.50; wixed, #. fulr Lo 1,60); STNNH ko wud 4 Pags 7 wnd Beduty, Marka. perfiig Wt office or by wall, JOHN H. WOODBURY, Dermatological Institute, 125 West d%ad btreet, New Xork Ciey, 00 for } OMAHA AWNINGS AND TENTS OMAHA TENT-AWNIKG COMPANY, Flags. hammocks, ol and BAGS AND TWiNE . BEMIS OMAHA BAG CO Importers and manufac BICYCLES. AH.PERIGO & CO M. 0. DAXON, 1403 Dodgo strost o8 wold on monthly sena payments for our eatalogus and prices | 100716 Farnam st, Omana. el Rabilas i BOOTS AND SHUES, B T MORSE-DOESHOEDD. 10} towaraBtrest, Tatory corner Hth and Douzing stroots Wenre aking 0lose pricos to eash biyers, ani are welllug class of goods which 13 very sal- enblo with morchants, KIRKEKDALL, JONES & | AMERICAN HAND SEW o0., £D SHOE 00, Wholesale Manufacti'es. | goots, shoes, rubbers for Boston Rub- and felt goo P L 12046 LInrnay ste COAL, COKE, &1 OMAHA COAL, COKE & LIME ©0,, Tlard and soft conl. S.E. rFer 16th and Douglat streets CORNICE. CLOTH NG EAGLECORNICE WORKS | faciurors of Gal. | nized lron Cornlce, ndow caps, metaito | ights, ete. 1110 and 1112 Dodge st GILMORE & RUHL, Manufacturers and Wholesale Clothlers, 1104 Harney stroet. DAY GOODS. KILPATRIX - KOOH DRY 600DS 0., Dry goo furn| Cor. I B and Howurd sts. M.E. SMITH & CO., Dry goods, nottons, fur- nishing goods Corner 11th and Howard. ELECTRICAL SUPPLIES, OMAHA CONSOLIDATED ELECTRICAL CO, Electro Dynamos, Lampy, Wire and Eiectrical Sup- pltes of All Kinds. 1112 Howard stroat, Omaha. WOLF ELECTRICAL CO., Hitwsteated eatalogue free. 1614 Capitol Avenue. —— FURNITURE AND CARPETS, BEEBE & RUNYAN FUR- NITURE GO, Sueces«ors to C.A. Beobo & Co., @race and 1th sts,0maha GENT'S FURNISHING GOODS, BLOTCHKY & COHEN, | | | Genta' ruentsning goo. | clothing ana not atrial We expross | ROBINSON &STGKES €O Gents' furnishing goods, m'f'e celobrated Brand “Buckskin Overalls, pants, shirts, coats. etc. i plos, bro- puld. 113 Tarnoy. BLAKE, BRUCE & 00., 10th and Harney, Omahs, D. M. STEELE & (0., 1201-1205 Jones street, Omahs, Neb, CRAIN AND PROVISIONS. 8. A MC WHORTER, 5 Board of Trado ker in graln, provi- 0% andxtock ires to N. Y., C HAT $,ETC, HARDWARE. | RECTON & WILHELMY | co., | ) | Cor.10th ana Jackson Sts. LOBEOK & LINN, Denlors’ hardware and mechanics’ tools 1o Omalin. Douglas Stroot, L QUORS, R, R. GROTTE, Importer ant Jobdar of 1nos and Liquors. 02) and 1022 Farnam 3t rice 11sts on application. FRICK & HERBERT, Wholesalo lquor denlee ILER & €0, 1Aquor Morchants, 1112 Harney Street, Mavufacturrs Konn East India Bitters. 1001 Farnam st " OMAS. R. LEE, Hardwood lumber, wood onrpets ana parquot Hooring, 9th and Doaglar, JOHN A, WAKEFIELD, Importel. Amorioin Pork Ian i coment, Milwaukoy hydeavlic coment und Quincy white I " MILLINERY. MUsICAL, A. HOSPE, JR., Planos. organs, artists' materlaly, eto. 116-118 8 16th st. Omaha | 1513 Douglas streot, —_— ~ OYSTERS. A.BOOTH PACKING 0O, PLATT & €D, fish | Oysters, Fish and “elary, 319 South 10th St David Cole, Manazar. C. A STONEHILL, Milline ry, notlons,clonks ote, Packors of oystors, and Celery, @8 Leavonworth St s, Olu CONSOLIDATED TANK LINE c0., Refined and lubricating oils, axlo groase, ete. —_— ~ PRODUCE GOMM SSION. BRANCH & CO., Dealers in country prod- uce, fruity, vexotables, ete. 1207 Hownard Street. KIRSHBRAUN & BROS., Butter, RIBBELL & SMITH, | Produce, fruits ot all Kinds, oystors, 13th and Harney Streots JAS. A, CLARK & CO., Butter, eheese, ez, poultry and game. 6 South 13th Streek gs and poultrr. 1409 Farnam st. 6. PEBAU, Commiaston Merchant, Produce, Butter, 1525, Cheose and _Poultry, 12th and Howard Sts. Omaha. RIDDELL & CO., Butter. cheess, 0gzs,vo- etables, fruits, poultry and game. BINGHAM & SON, Send us your Eggs, But tor, Poultry, Game, 1iidos, Bto 17018 Leavonworih 8%, PPER. CARPENTER PAPER GO | KING PAPER GO, Carry & full stook ot | Wrapping paper, a.lkiads printing, wrapping ana | O ;ota writing paper, card pa- per, sie. MULLIN & MC LAIN Specialties. buttsr, o e, pouitry, oto. S 00ty Rl st N nk. Tel. 174). STOVE REPARS. | OMAHA STOVE REPAIR WGRKS, 4 3 Stove repalrs and_water Cooks and Hoators | (G moncs for any kind for salo. | of stove made. 07 3. 13th Strod | 1207 Douglas. JAMES HUGHES, Stovesrepatrs ofalikinds TOYS M. A. DISBROW & €O, H. HARDY & €O, o | Toys, dolls album gs. Brapeh of- Nihing goods, chil ren's carrjages. fice, 12th and lzard Sts. iaroarringos SOUTH OMAHA. UNION STOCK YARD3 CO., - - LIMITED — W.A. L GIBBON & CO., Hats, caps, straw goods Klovos and mittens, GED. DBERNE & CO., Buyers ot hiles, wool, tallow and furs. 3 South 13th-st ON WMERCHANTS. ALLEN ROOT & €O, [ BASMANN M DUDLEY, Room34 Kachange Build- 1 Rooms, 6) and 81 Exe Butiding South a3 baldig Omaha. | South Omaha. e No other plasters have been testimonials of high value as ALLCOCK Additional proof of the true val lies persons, who seek to deceive the porous plaster,” etc., while it is they resemble ALLCOCK'S. imitations of ALLCOC ADWAY" PILLS> AYS RALWAY = THE GREAT LIVER an Cures all disorders of the Stomach, I senses, Loss of Appetite, Healache, Cons! ness, Fever, Piles, Ete,, and renters the sy DYS 1o curc for this compli ength to the stomach all drugglsts, or u RADWAY bealthy action r ent 8pocli The om! I nervous, Adusto in registored § e, 'as Siptomue A cerg Cafarih, spermatorthOCs, 1088 Wanlood, seiminel Weuk: Orilicen. Kleet, varicocelo.cle.” No meriury usel. Now VisIC me Wiy b ro 1y Correspond urely packed, no . Lorranpondunse stilcily o 5 Unduys 10 6. 18,40 13 1. Send stamp 10r replys ' Dr. GLUCK, | ncye, Ear, Noss, Throat SPECIALIST. Glasses ndjusted to il yisusl defects Catarrh successtully treatod, | Room 18, Barker Block, 15tk and Farnam they claim to be the “same,” “equal, Superior Value. produced which gain so many those continuously accorded to Porous PLASTERs, and the only motive for these excep- tional commendations lies in the fact of their being a medicinal and pharmaceutical preparation of superior value. ue of ALLCOCK's POROUS PLASTERS, 1 the fact that they are being largely imitated by unscrupulous public by offering plasters which ‘“as good,” *‘better,” “best in general appearance only that All of the so-called porous plasters are POROUS PLASTERS KS Avoid dealers who attempt to palm off inferior and worthless plasters that are purchased by them at low rates for the purpose of substitution. d STOMACH REMEDY . Liver, Bowels, Kilenys, Bladdar, Norvous ipatiin, Costiveness, In ligestl m, Bilious- om less liable to co ot disease. PEPSITA. vint oy tone up the Intornal secretions to L and enublo it to perform i1s funetions. . ilcd by RADWAY & CO., 2 W 18168 Douglas Street, Omaha, Neb. chrone, private. blood, ad unowry diseases. A reular and lcutes shol. 18 sl Lreating with tho graatust suce A0Ss, iAbt 108368, 101 DOLONEY. 87 pHAILS. BLrioture; gORe treitment (¢ of vital powcr, Parlles unablo 10 Nedicine or instraments seut by mail oF 0Xpross se: Oie personal nterview preferred. Consultaion of Life) sont free. OfMco hoursm. .t p. m JOSEPH GILLOTT'S STEEL PENS. GOLD MEDAL, PARIS EXPOSITION, 1889, THE MOST PERFEQCT OF PENS. Manufacturers and Jobbers” Directory — N %