Omaha Daily Bee Newspaper, June 25, 1893, Page 15

25, CONDITION OF OMAHA'S TRADE Both Jobbers and Retailers Report & Light Movement of Goods. CITY AND COUNTRY COLLECTIONS SLOW Finanoial Disturbances Redneo the Volume of Business In Omaha—Men Who Con- tribute to the Dullness of Trade by Slow Payments. The great volume o6f all the business of the &sountry is conducted on credit. The im- porter or manufacturer sells to the jobber on time, the jobber gives the retailer thirty to ninety days in which to pay for his goods and the retailer sclls to the consumer on un- limited time. Bills frequently are not met when they fall due and extonsions of time are asked and grapted. The banks are called upon to malke loans to moet piyments that can no longer bo deferred. The banks receive notes and othor securities and the volume of indebtedness goes on piling up at & more or less rapid rate, according as the times encourage or discourage speculative enterprises, There is, however, a limit, and a period of fiquidation has to come sooner or later. ‘When the process of liquidation is carried on at a moderate rato its effocts may not be poted at all, or only in a slight shrinkage in the volume of trade, and in the elimination of much of the speculative elament from Dbusiness. Tt happens every fow years, how- ever, that some cause or other produces an wunusually rapid liguidation of the indebted- mess of the country and what are known as hard times and financial flurries result. Occasionally tho pressure becomes so great in large financial centers as to bring on a panic, nanciers always have very plausible ex- nations to account for theso financial storms. Some see in them the results of un- ‘wise legislation: others point to excessive xeal estate speculations; in fact, the explan- ations are almost as numerous as the finan- clers. The fact remains and is recognized {;.y all that at the bottom of the trouble is a rge volume of indebtedness that must be wiped out before the current of trade will Fun smoothly again. Every failure on the partof a firm or in- @ividual to pay increases tho pressure and postpones the return of public confidence and good times. As the indebtedness of the country commences with the individual con- sumer, and extends from him through the retailer to the jobber and back to the im- rter or manufacturer, 8o the process of iquidation must start with the individual citizen if business fallures aro to be avoided. In Omahaas i every other city the geeat majority of the citizens run store accounts. Bome of theso accounts are paid promptly Pn the first day of each month, butan aston- Jshingly large number arehot paid until the middle of the month and hundreds of these ccounts are not paid under sixty days. No E_:z.u proportion of them are never pad o mlnl\ dealers are so anxious for busi pess that they do not like to hurry a cus- tomer who is slow pay and they extend credit to people who ought to be made 1o pay cash in advance. It has been said thata man may live in Omaha for years and never paya grocery bill as there are so many rocery stores in the city that ho can change imm one ‘to another as his credit is ex- austed. Omaha, however, is singularly fortunate An possessing a large population of thoroughly triotic citizens who always come to the ront, when called upon, to act inumson for she best interests of their city. After the business men and capitalists of Omaha had given up as hopeless the task of improving the manufacturing interests in the city, the Bublic spirited citizens, when appealed to, camo forward and created a demand. for Ne- praska made goods that surprised the manu- facturers all over the country. It is only reasonablo to suppose that the people who made a success of ‘‘homo patronage” are still in the city and still ready and willing 20 do what they can to promote the interests ®f Omaha. * All that is necessary is to point put to thom a line of action and give good Yeasons why that line and not some other Bhould be pursued. Omaha has not escaped the financial dis- turbances that have been so disastrous to ‘business in many cities during the present month. Thus fat the situation hasnot as- sumed such a threatening aspect in Omaha B8 it hasin many other localities, but it has been bad enough. The volume of business has been reduced and shouldthe dull times continue no doubt business men will be forced to reduce the number of their em- loyes in the same proportion. Collections are slow, and the retailers not meeting their obligations very promptly, causes distrust among the jobbers and it all tends to shrink the volume of trade. Should collections con- tinue very slow for any great length of time business failures might be caused that would render the situation still worse. A wholesale house failed in Omaha the other day because the firm could not collect their accounts as rapidly as the vills against them becape due. The retailers who neg- Jected to pay the jobbing house what was due and thus brought about its failure were nable to meet their obligations because Pheir customers, the consumers, were slow Y. "nue way to prevent or at least lessen the mnumber of such failures is for every citizen 20 feel that he is persoually responsible for the credit of the city and see to it that his Dills are promptly paid. Hero is a great op- portunity for the public spirited to do much toward restoring public confidence ana re- ducing the financlal pressure. Make collec- tlons in Omaha good. The majority of the workers in Omaha avo salariod men and their salaries are just 88 large now us when times wero good and they can not honestly plead hard times as An excuse for standing off their creditors thirty 10 sixty days. A large proportion of the salaried men are paid weekly and they can ?“y cash just as well as to put it off until the first of the month. It may pause some little personal inconvenience to pay spot cash, buta dollar paid toa mer- chant 1o times like the present is of more help to him than fifty dollars of book accounts. Some say, O, well, Ionly owe $10 and if he caunot carry that amount he must be hard up.” At the same time many small re- tailers are closed up for the wunt of $100, nd ten $10 customers could many times save o merchant by being prompt or break him with delay. When tines are hard it is so easy o say with i swile, when a bill is pre- sented, “limes urce hard, you know ; you will Bave o wait s few days,” and the man who Bays it many tines has the money in his pocket o vay the bill and does not stop to think that by putting off his creditors he is making times ull the harder, and that a fe'y garcless people just like himself may be the ©ause of sonie house failing. ‘T'he wost uscless man is the one who lacks the nerve Lo put his woney in the bank for fear that the bank will fail, but carries it sround in his pocket und stands off his ereditors with the plea of hard times, He is the dog in the manger of the business world »—ho ueither uses his money hunsell nor lets Buy one elso use it. G']YIIN'G are wen of wealth in the city who r&lu- practice of putting off the vayment of Deir storo bills at least sixty days so that ghey cun have the useof the mioney that uch longer. The retail merchunt thinks hat ho cannot afford to burry up such peo- ple us they are large buyers, aud he pats up with the impesition until hard times come Lim and then fails, it he has mavy of ese so-called good customers. ‘There is anotber class of men who are too h-toned 10 pay o bill when it is due. They h to show their importance by compelling every one 1o wait upon them. A werchant rocently showed the writera letter from a tlemen of this class, who considered that n‘m been grossly insulted by having a bill that had run sixty days m.lluj 10 him. 1f all the acconnts in the city ranging from $1 to #20 could bo setiled this week it would wi) Out -every vestige of the moaey fl.flm.»y visible on the surface Bhis city. A man who owes only $1 way think that so small & sum of can have no effect upon the financial , but that #1 when paid will haud to hand, and bafore . it finds 1 ment in the pocket of some castern capi- Balist may liquidate $100 of indobledness. @ poople who put mauufactunng ou its Th iu La buve it ia their power to re- mnwd the faancial lb‘l“l‘n“h this eity. 1t will be to their interest to do this. Everything that tends to benefit the business of & oity is a direct benefit not only to the business men, but to the salaried men as well, AS DUN SEES IT. Disoussion of the Kecent Failares and Thelr Effect on Business Generally. Mr. W. H. Roberson, manager of the Omaha office of R. G. Dun & Co., speaking of trade, says: “In spite of the numerous failures in this district and the large Omaha failure, the fact remains that trade is good and money is plenty. 1 know that both these propositions are likely to be challenged by a casual observer. Our local inquiry among wholesale dealers this week made, with especial care, shows that trade in nearly every jobbing line is better than at this tune last year, and sales for the mon th of Jnne are from 10 to 20 per cent ahead of 1802, Inquiry at banks brings out the information that they all have plenty of money and while discounts are closely restricted local houses who can put up satis- factory security or whose credit is abso- lutely good are enabled to borrow as their neocessities require. Banks are requiring many houses to reduce th lines, but this is occasioned by the general uneasiness which all admit exists, and local bankers are standing pretty stiff in regard to loans. Gen- erally speaking though, as said bofore, gilt- edge security will bring funds readily. The failure of the wholesale grocery house of Sloan, Johnson & Co. has not only occasioned very general regret, but has had & marked effect on trade conditions. Really this failure created more of a sen- sation and probably did more harm to the city than the misfortunes which overtook the American Natlonal and the McCague Savings banks, though the amount involved by the failure was comparatively small. The house had stood well for years, enjoyed a large trade and held the confidence of the business community. Friends of the firm have known that the firm was somewhat embarrassed for cash quite a_little time, but their long experience in business and good reputation was supposed to be a suf- ficient guaranty that they would ulti- mately pull through. Under ordinary condi- tions they would doubtless have weathered the storm, but these times try the strongth of larger houses with larger capital, and Sloan, Johnson & Co. were forced to the wall. They are to ull appearances making a gallant struggle to meet their large liabilities, and thus far have neitherattempted to com- promise their indgbtedness nor to escape by indirection the payment of their just debts. They hope to be able to meet every dollar and have a littlo left. Whether with condi- tions as they aro they will be able to do this remains to be seen. At all ovents they go out of the wholesale trade in Omaha with the sincere regrots of competitors as well as of others with whom they have had deal- ings. “I. Oberfelder & Co., wholesale milliners, who wero closed by chattel mortgage threc weoks ago, are now offering their creditors & settlement on the basis of 20 cents on the dollar. Mr. Oberfelder’s circular sets out at somo length the causes which led to his overthrow, and two large local houses have added a word in his favor with a view of as- sisting him in cffecting the proposed settle- ment. “The fatalities in the country during the week have been large, and our quarterly statement of failures, which will be ready next week, will. probably show & large in- creaso in both numbers and liabilities. It is a curious coincidence that trade should hold a steady increase in this city at the same time that failures are so common both in the city and in the tributary territory. *I wish it were possible for me truthfully to say that the outlook for the future is bright, but candor compells the admission that July and August promise very little if any relief from the present stress in money matters. The country at large appears to be in good condition, the crops have been good and prices for the most part remunera- tive. Trade has also been generally good and yet in the face of all these favorable circum- stances the country is decidedly panicky. ‘We no sooner reach a point where we think the worst is over than trouble breaks out afresh’ fn A new direction and with more virulence thun ever. What the future has in store for tue financial world no human being can forecast at this time.” CLEARING HOUSE REPORTS, Omaha Compares Most Favorably with the Lending Cities. The bank clearing reports, as furnished by Bradstreet's report for the week ending Junie 16 show a most encouraging condition in the north, south, southern and central western cities, and more especially does the report make a favorable showing for the financial strength of Owmaha, During the past two weeks this city has successfully faced a financial condition which would have not only resulted in a panic in most other cities, but would have cavsed a serious state of affairs for some months to come. During the flurry here, in which a savings and national bank were forced to suspend, anda run was made on all the other savings banks, the bank clearings each day wero up to the average, and now, a week afterward, we can show an increase of 135 per cont over the same period of last year, when things were apparently much more favorable. The bank clearings of eighty-three cities for the past week, as reported by Brad- street's, show a total decrease of 6.6, Twenty- one cities show an increase and of this num- ber only ten are able to lead Omaha in their perceniage. Most of these cities are in much more favorable conditions than we are and Omaha's showing certainly exceods the calculations of her most enthusiastic friends. The daily clearings of this city averaged §082,030, ana the clearances during the rocent financial fiurry daily reached over the §1,000,000 mark. This places us fourteenth on the list of clearing house cities and wo easily surpass several cities of greater population and business pretentions, The cities of the west, south and southwest show the most substantial signs of prosperity, while most of the eas ern cities have had hard work to get over the aividing line of profit and loss. The fortunate eastern places are Portland, Me., Buffalo, Syracuse, Baltimore, Providence, Rochester, New Haven, Worcester and New Bodford. The range of percentage in clearances in this cities was 2.5 to 16.2, In the southern citi are New Orleans, Savanah ana Binghampton with a range of 8 10 18 per cent, " In the northwestern cities are Duluth and Helena and among the central western cities only Omaha and Topeka are mentioned, These cities show an increase of 3 16 89 per cent. In the southwest are Houston, Dallas, Galveston, Waco and Los Angeles which show an increase of 7 1o 4.6 per cent, The highest increases are at Houston, 43,6, and Los Angeles 485, whileat Butfalo it1s which is the lowest. 1Tho averago i in the clearings of these twenty-one cities is 166 Forty other cities show a decrease from 1.2 at Springfleld, Ma: 10 54.1 at Lancoln, Neb., and at Nashville, Tenn., of 50.2, The average decrease is 10.5 and nineteen cities made no report. The above showing is a most favorable one for Omaha and speaks volumes for the strength of owr financial institutions. Iy shows che completo confidence in the stabil- ity of our banks. The statoment also shows our comm@rcial prosperity which has become a subject of much favorablo comment among castern and foreigu capitalist: - Zine Mines Close Down, GALENA, 111, June 24.—Thirty-seven zine and lead mines in this region have ceased operations in the last two weeks because there is no sale for the output. It is sald thatall the zine furnaces in the country arve closed down. A new furnace is being built at East Dubuque, and will begin buying oro next month. The wminers, of whow nearly 1,000 are idle, hope for relief theu. Here js Somethiag Guod kor Your R watio Friends. If any of your friends are troubled with rheumatisi have them read this Lyscaseuo, Va. April 18, 1508, 1 desire to say that Chamberlain's Pain Balw has cured oue of our vitizens of rheu- matism of two yoars standing. Oue botile did the work. I'his gentleman, Mr, R. H. Paraell, ticket agent of the (2 & O. R. I now recomuwends Pain Baim t all his friends. ¥. C. Henswo. COMMERCIAL AND FINANCIAL Horss Talk on 'Ohange Oaused Business to Be Neglooted. PROVISIONS WERE AT A STANDSTILL Many Operators In This Line Fallea to Even Pat ln an Apj tlons in Corn Were Uonfined to Room Trading. Om1cAGO, June 24.—Thoro was more horse talk than business on ‘change today. Prices averaged a littlo lower, but the closing shows scarcely any chango from last night's figures, Wheat opened from ¢ to Wc lower and then prices advanced about ¢, but eased off, de- clining trom i4c to %c, rulod steady, closing e lower for Soptember than the closing yostorday. Thero was nothing particularly encouraging received In the way of news w 1nduce buying, except that reports wero ro- celved noting damage to the spring whoat. All news genorally favored the selling side, but prices are so low that operators do not tool like selling. In corn operators wero confined largely to room trading. The market opened with ¢ loss, advanced }c, and closed with no chango. Trade In oats was chiefly in the way of changing from July to Soptember, closing av e decline, ye for July. Provisions were nt a standstill. Many oper- ators failed to even put in an appearance, There was no trading in pork, buyers and sollors boing wpart at a differonco of 10c. Tho market closed 15¢ for July. Lard and ribs ruled wonk on larger rocolpis of hogs, closing respectivoly 10¢ and 7i4c lower. @ katimated receipts for Monday: Wheat, 85 cars; corn, 490 cars; oats, 800 curs; hogs, 25,000 head. The leading tutures rangod as follows: Articles. Open. Hign. Lavens. 648 043 643 65 o4 044 00¥@Y 69l 404§ 403 41 20! oy 26k 50 35 124 223 8 071§ § DTy WHEAT— June. 40! 42 20! bt 2644 10 50 19 20 85 20 9 721 9 10 25 10 BO5 | 897K 9 25 930 | 9 Oash quotations were as follows: FLOUR—Ensy, nominal. W —No." 2 spring, 64%c; No. 2 red, 6- OORN—No. 2! 401 0ATS--No. 2, 29)c No. 8 white, 1. 0. b, Rye—No. 2, 474 Baruey—No, 2 No. 4,1. 0. b., 850 FrLAX SEED=No. 1, $1.08%. TIMOTHY SEED—Prime, 83.65, Pork—Mess, per bbl, $19.40219.50; lard, per 100 1bs.’ $9.6589.67%; short ribs, sidos (loose), 88.9714@9.05; dry ' salted shouldors (boxea), $9.009.50; short cloar sides (boxed), $9.5029.75. .‘\\l'I,IsKY—Dl!tlllers‘ finished goods, per gal. GAR—Unchas cut loaf, (CH lated, 5 1-6¢; standard “A," 5.64. The following were the receipts and ship- ments for today: ARTICLES. Flour, bbl Wheat, bu. Corn, bu 2014 2814 @8%| 250 190 40 20 25 9 871§ 10 20 No. 8 spring, No. 2 white, t. 0. b., 82Xc; 30@32)4¢. nominal; No. 8, no sales; granu- RECEIP TS, 16.000/ 289.000 1,774,000/ 91,215 SHIEARN 15, 54,000 864,000 090,345 1,752,000 /000 12,000 000! 14.000 Onthe Produce exchange today the butter markot was_steady; creamery,” 15@193c; %:\llj‘y‘ 14@17¢; eggs, dull, strictly fresh, 125 dhsc. New York Markets. NEW YOnk, June 24.—FrLoun—Receipts, 84, 857 pkgs.: exports, 9083 bbls., 4,147 sicke sales, 2,500 phegs.; market dull, ‘weai; win- tor wheat, low grades, $1.95@2.4 wheat, falr 1o ‘tancy, $2:45@3.45; winter wheat, patonts, 88.40@4.00; Minnesota clear, $2.50@3.00; Minnesota straights, 83.80@4.00; Minnosota patents, $4.0004.55, Cory MEAL—Quict, steudy; yellow western, 32.6012.70. RYg—Firm, dull, B‘I.E!‘A“L‘Y MAur—Stoady, qulet; western, 60@ WiEAT—Recelpts, 174,000 bu.; exports, 29,- 000 bu.; sales, 1,640,000 bu. futures, 16,000 bu. spot. Spot' market dull, but firm; red, in store and elovator, afloat, 72%c; f.0.b., T2@72%c; un: graded, 67%@71%c; No, northern, 71%¢; No. T hard,77%c; No. 2 northern, 69%¢. Options were nioderately active and Stoady at a 4o declino on easior cables, small” clenrancos, largo roceipts and local realizations. For- elgners bought frecly on tho declino; July, 711-16¢, closing nt 713c; August, 71 15-160 Tixe closing at Tac; Soptember, ToK@760, clostng at 75%e: October, 15%B773c, closing at 77%¢; December, B1a814c, closing at Blc, CoRN—Recelpts, 71,100 bu.; ‘oxports, 21,000 Dbu.; sal 5,000 bu. futures. 4,000 ' bu. spot. Spots, dull; 49%@49xc aflont. Options Yoro dull and aisc higher without feuturo; ly, 48Y%@dnkc, closing at 483c; August, 495,@49%¢, closing nt 49% closing %c: Decembor, 493054050, at 40%c; Soptember, 49K@H0%c, clos: ing at49%c; Decomber, 493c. Oars —Keceipts, 113,000 bu.; exports, 10,- 000 bu.; salos, 10,000'bu. futiires, 13,000 bir, spot. Bpots,’ dull, Options, dull, H@X lower; July, '86tc; August, 88t%c; Septeniber, 33%c; No.” 2 Chicago, c; No. 3 white, 35¢ 33’5';'.1 westorn, 37@38c; white western, 85 Soptembor, 49@ ~Quiet, stondy; shipping, 76c; good to Hea@d1.00. l‘J”l“’ll‘7 irm; state, common to cholce, Quiet, nominal, 1510, firm; pieklod houlders( hams, $12.5 dull, firmo; i middlos, Lard, nominal! -Steady; creamery, 10%@21c; fac- 1607 Eidios, Si0 " 1040 ; yollow prime, 41@43c; choice, 44@4se. PRIRO in bbls., Wash- ingtor Louto tined Now York, it0stx—Quiot, stendy; strained, common to good, $1.20@1.45. TUrENTINE-Dull, stoady. oull, firm; domestic falr to extra, 2% @2%.c; Japan, 440450, MorASSES—New Orleans of choico, stoady. SUGAR—Raw, 96 tost, 4d%c; 4 16-1600 ¢ ould A, 6 H-165%, urd A, D%@5 9-160; confoctioners, b. 5 13-16@0e; crushed, b powdered, 16 110 COPPER- UN-—-Q! 4.90; I kettle, good to nominal; firm, dull, refined, Stoady; plates dull Seeurers—Steady; domostic, $4.20, Owmaha Froduce Market, VEGETABLES, OMATOES ~Mississippi 4-basket crates, 82, UALIFORNIA UADBAGE , per Ib, 29‘(' bbage. per crate, 33,00 New —Soutlicrn, porbbl., $3; Call fornia, perib, P, 1c, Per bu. box, 8150, CUCUMBERS—Por doz., how grow QAULIFLOW RU—Fancy, par doz ON10N8—Southern, por bbl., 84, raGUs—Por doz., 35& 40c. PRUITS, CALIPORNIA CHERBIES—Dor 10-1D. box, $1.26 @1.50. StiawsErniEs—Pot case, on orders, $3.50% 0. GOOSEBERIRIES — P aso, $3.50. BLACK RASPBERLIES —Per 24-pint casos, §2; 24-quart 2ases, 83.0043.75, Lisions - Cholee 1o fancy, $4.5025.00; extra fali £5.5036.00. BANANAS bunch, incladinog crates and packing, $2.00@2.50, ORANGES Riverside seedlings, $3.0038.25; R sldle llerranean swoots, 7 tain Meditvrranoan sweets, 83 tain oranges, ¥ o BLACKBRIIIES E: e, . T 24-q1. cuse, 83.003 Proxs $—Por doz., $2.0032.50, Arricors—Per Watkuneso s 0. NUTTER, BGOS, POULTRY Burres—Strictly fancy nir) 15816 pack! 250 150, Fias 26 Pourruy holco uixed coops, 6¢; rooster 4@6c; spring ¢ hickons, $2.7060 4.00; geese d ducks, Tase. MISCELLANEQ 1AY—Tho markot on good upland hay, $6.60 @700 in cur lots. VEaL—Choico and small fat, 7@7%¢; large wnd thin, 34U New York Dry Goods Market. New YORs. Juno 24.—Demand for dry goods was falr with bleached cottons relatively the wost active. There is nospeculution. HBuyers Wild goose and Chicka- 002 50, swall lots, aro carefal, but operating with more confl- donce. Agants havor mada the price of Forost milla 4-4 blenched shirtings Swa6 ke, Forost mil bleached shirtings a reduction of 2% Rflr nt. Business in clotiing woolens Is confined to cheap goods. o Markotd, Froun—Quiot, un- rullng stoady: ettes fancy, §2.803 .90; fancy, $2.45@2.55; cholce, $2:16@2.25; family, $1.9062.00, WhEAT - Closcd %@%¢ up; l:& 2 red, cash, 60%c; 3 GONC; July.élodthg at 61%c; 5 Soptembor cioaing at 65 . Lifoloss aad clased tame; No. 2 ash and June, 37Xc; July, SSM@3SHc: aber, 8910, HRY —Nothing doin 274c; August, 24%c¢ PROVISIONS—Qulot, ments, ~loose 1. Lovrs, chanzed 2.9 No. 2, gash, 20c; July, epteribit, 24 Xc. steddy. ' Dry salted shoulders, _ #8:87%: lon and ribs, 89.10; shorts, ' $0.40; boxed, 1 more. Bacon, packed shoulders, 89.60; jongs and_ribs, $10.295@10.374; shorts, $10.50¢ 10.624. Haws, unchanged; sugar ‘hanged. ir, 8,000 bhls.: wheat, 14,000 i corn, 23,000 bu.; onts, 7,000 bu.; rye and 8,000 bbls.; wheat, 1,- corn, 52,000 "bu.; oats, 6,000 bu'; rye and barloy, none Kansas City KANsAs Crry, Markets. WiteAT -Weak and 560 lower: No. 2 mixed, 25%@ 51128 crowmery, 16@19¢; dalry, 13 —Stoady. Wheat, 4,000 bu.; corn, 2,800 bu. —Wheat, 1,600 bu; corn, 2,100 bu. Cotton Marker, NEW ORLEANS, June 24.-Qulet: good mid- dling, 8%e; good ordinary, 6 156-16¢; net and ffl)l'l receipts, 664 bales; oxports to Great ritain, 664 bulos; constwise, 399 bales; sales, 1,150 bales; stock, 97,614 balos. July, 87.47@7.49; l\ul‘luik & Ahl?‘l.fifl: Sep- tembor, $7.56@7.57; October, _$7.63@7.64; Novembor, $7.69; Decombor, #7.75; January, $7.89; February, §7.97@7.95. Mllwaukee Markets. MILWAUKEE, June 24.—WiEAT—Steady; July, 62%c; No. 2 spring, 62140 4 o Conx—Dull; No. 3, 37¢. S No. 2 white, 3@ e BARLEY—58¢, Rye—50c. Provisions—Quiot: pork, July, 815.90. Coffee Market. NEW YORrk, June 24. Options opened in- active, 5 points up to 16 points down, closed stendy © points down to 8 polnts upi sules, 7,750 bags,including: June 815.10; July, $15.04] Soptembor, $14.95 Rio, dull, nominnl: N 834%@34c; No. 8 Philadelphia Graln Market. PRILADELPHIA, Juno 24.—WHEAT — Dull; Qo ot Tuly, C8x@cc. ToRN— ot; No. s Stoady but quict; No.2 mixed, June, Oars—Dull and weak;No. 2 white, Juno and July, 38@38:c. Liverpool Market LIVERPOOL, Juno 24.—WiEAT—Steady; de- mand poor. ConN—Iirm; demand poor; mixed western, 4s4ld per cental. PEAs—Canadian London Oll Market. LONDON, June 24.—CALCUTTA LINSEED— Spot, 413 8d por quartor; spot, June shipment, 3 1d. LINSEED O1r—215 7% por owt. s 6d per cental, STOCKS AND BONDS, Awmong the Specialties the Declines Wero Fractional Thronghout. NEW Yonk, June 24.—While the trading at tho Stock exchange wus moderate today, the bears did not lose their control In certain sec- tlons of_the list, more particularly in Nickel Plate. These stocks have leenm demand for a long time. The commons sold at 114 per cent. In the absence of inside support the marking down process was accomplished with ease, The other weak points were Chicago Gas, Unlon Pacific and General Electric, Among the specialties the decline ranged from 5 to 3 per cont. The market was, influenced by the uss in the bunk reverses arid fears that money wouid be closo next weok. The Post sa, Boston _contributed some- thing to today's business. The sales, though by no means heavy, have a particulurly good oifect on the stock ‘market, That tho storles Were apparently concocted to husten the de- cline was shown by the firmness of prices of bnm{(s and the light transactions on wheat stocks, The following are the closing_quotations on the lending stocks on the New York Stock ex- change today. Aiton, Terre Hai do prefd. 2 American EXpry & Baltimore & Ohto. Ontario & W Ocogon Tmp. 501 | Oregon N 25 10.8. L. & U 1614 Pacific M 138" Peorla Di K% Pitisburg, 673 Pullman P 134~ Reading. 4014 Richmond 85| do pref'd. 120 |Rlo Grande do pref'd.. 47 | Rock Island. 215/ St. Paul. 34! doprerd...... 1 b St Pau & G Cotton Ol Cert Del. & Hudsor Del. Wayne. t North C.&F. L pfd. Hocking Valic Tlols Central St. Paul & Duluth., . Lako Erlo & Wesi « 4 00ig Tol. & 0. Con, | Union Pactfic... 174U, 8. Express.. 704 W.S. L. & P...00 |3ells Fargo Ex |Western Union 163 Wheeling & L. © 126 do prefd. 10 /ML & St Louisville Louisville Manl, Memphis & Michigan ¢ Ational Linseed. . Colo. F. & 1 do pr . o & W. ot h Ao lern P Northern The totnl sules of stocks today shares, including Chic ware, clknwann & tilling, 5,300 Geueral [ ‘aul, 6,700; Sugar, 10,200 2,400, re 77,700 900; Dielu- 100: Dis- 500; St Wesiern Unfon, New York Money Market, NEW YORK, June 24.—MONEY 0N CALI—6 por cont PAPER--G28 per cont. STERLING NaE—Wenk ot $4.84% for sixty-diy ills und #4.8415 for denand. GOVERNMENT BONDS—Lower, closing quotations on bond 105 125 1118 n.M OIS .. i P. C. & P. 108 TP LG T 92 |1 P. K. G. Ty | Union Py | Wost Shore Lo IR.G.W. sl 1 So. & i D A s Contral Pactfic 18l 105 | Atel D.&R.G. 18ty | D &R G ds 8. C.IBrowns, 1154 Tenn. oM 0. ac. 2ds 109" | Vab. 08 NIW. Consols 130 |Va. Ex-M N W. Debent' 455,108 | Va. dous. . &1M.Gen. 0 82 uno 24.—Call louns; 607 , 6 por cent. Glodhs i ou stocks, Bonds and mining shares: per cent; tations iz Min A ALt 14| Cal Loxpox, J Consola. exigan Contral LW 4 8 . Rate of discount In the hortand tme, London Finaneist Review, 1Conuri Wted 1505 by Janes Gordon iennett.) SDON, Juno 24.—(New York Herald Cable wepalfo i BT feature of taday | fall of 4ad per ounce in stiver, 1o 874 movement was wholly due 10 anfavoru- news fro: Amurica.” Rupe papor is | practically unaltered, but is « \, clod 10 go hizher. ding bonds wers o shade harder, but all other Aulerican railways woro lowor. Although lnvestors are disposed 0 absurb 1893--SIXTEEN ‘PAGES, small quantities of favorite stocks, such as Loutsviile & Nashvillo, Denvor preforred, (11 neis Contral and Wabash bonda, home secar- Ities woro absolutely stagnant. Forolgn stocks wore dull, Argentines declining upon o furthor rise In goid premium to 9,33 per cont. San Francleo Mining Qaotations. SAN FRANCISCO, June 94 -The official closing guotations for mining stocks today were as follows: Belchor o s . Boat & Belcher. K53 Novado Queen Bodie Consolidated 20/0phir R Choliar B0 Potosi Consolid'd Cal 170 50 No Crown Point. o5 65(Union Consolidat Gould & Curry Hale & Norerosa..... 40| Yellow Jacket e — VIRE Gosiations, NEW YORK, Juno 24.—The following are the mining quotations: Grown Polnt. ... Moxic Ll 90/Qu Ont: 1100| o Ophir 135 Bulwe Plymouth. . 5 St. Louis M June Quotations, Tho mining market There was a noticeablo on rumor of a declured on somo nd shordy to bo stocks Adams o8 60 @100 Am. Nettio .35 @ SBimetlie. lizaboth * asked, TR Financial Notes. “qlfAnnAs Orry, June 24.—Clearings, 81,871, 19)EW ORLEANS, Juno 24.—Cloarings, $518,- Mempins, bulances, $48,456 Parts, June 24.—Three per cent rentes, 98¢ 88c¢ for the account. BALTIMORE, June 24.—Clearings, $2,190.530; balances, $461,983. Monoy 6 per cent. NEW YORK, June 24.—Clearings, #93,609,568; balances, $1,094.711. For the week, cloarings 566,202,080} balances $27,804,104. PHILADELPHI June 24.--Clearings, $11,- 143,990; balances, $1,601,651; for the_week ending today, clearings, $68,638,162. Money 6 por cont. BosToN, June 24. Dbaluncos, $1,649,950. change on Now Clearlings, $90,997,4( Omicaco, Juno 24 —Clenrings, 8151,771; learings, $12,544,880; Monoy 7 ver cent. Ex- , par. For the wook: ancos, $10,159,291. —Cloarings, $12,714,803., For the woek, 78,801,950, Corrosponding wook last yoar, 800,779, Sterling ox- change, dulli sixty day bills, #3831 demand, R485%. Now York exchange premium! Monoy firm. NEW YORK, Juno 24.—Tho tmports exclusive of specio at 'th of New York wero $10,- 788,156, of which $1,871,431 wers dry goods and #8911 cnoral ‘moerchandise. The Imports of' speclo at tho port of New York wero #35,508, of which 818,598 were gold and 17,000 silvy OMAHA LIVE STOCK MARKETS. Cattle Trade Still Demoralizod, Hogs Ad- vance Another Nickel. SATURDAY, June 24, Suppliosot all kinds of stock have boen fairly liboral this week, and comuaro very favorably both with last week and a year ago. The figures are us follows: Cattle. Recelpts this week..... 10,60 Receipts lnst week Same week last your. ... Although on nécount the past two days the cattlo market has de- deloped some show of activity renzth, during the greater part of the weok the trade was in a most doplorably e hurdly any demand from any sour nossdragging along heavily trom day to doy. “Thero appearcd to b no fidication of any i provement in the financial situation, and with- out this dealers hardly looked for @ better markot, sptionully lght receipts, how- over, give bugers o broathing spoll, and the end of tho woek found ull classos ¢ o more hopoful frame of the fair to good cornfod not over 10c to 20c lower than a week 0go, the decline on half fat and grassy stock has'heen fully 50 making this cluss of stuff fully 31 lower thun two weeks ago. This applies to both steers and cows, and from on, as 15 usually the case at. this season of i year, the spread betweon dry ot and pastu cattlo will got wider and wider, tho former bo- coming scarcor and tho latter ‘coming in com- petition with rango stock. Tho supply toduy was oo Meht to afford n fair test of tho market, but, from all appear- ances, a little over a thousand cattle . di would about fill the present den with nearly that many both Fric rices havo scored A 1be to Local houss all u were n tho marke 268 46,523 t' light recelpts " for s trading was lively from the opening and sollers found competition 200d enough to enable them to realize prices fe to 10¢ botter than Friday for any(hing in fulr fiosh and Dot showing too much griss. Fair to very good 1,200 o 1400-1b. stecrs sold at from $4.25 8475, with fair to good 1,000 to 1. steors at from” $4.20 ‘to $4.50 Coarse unfinished 1,217-1b. steers sold ns low as #4.15 and odds and ends of grass stock sold at from 4 down 3. It did not lour or two to exhaust tho meager supply,the market closing up firm. Cow stuff was scarce, tho offerings belng largely in small bunchos. “Tho market was anotably steady, Common to fancy stock sold at from $1.50 t0 #4, tho bulk of tho tair 1o rood cows and lieiters solling at from §2.50 10 38,50, Tho market was active and firm on veai calves, common to cholio veuls selling at from %3 to Good to choico bulls and stags we firmer at from 83 to #3.70. stock easfer at from $2 to # Thoro was hardly auytl stocker and feeder Jine, 1 light, but lors alu supply on h thoy aro poso of ov prosent vory low quotutions Thero was no country deninnd, howeyer, and tho trudo was flat with prices nominally’ un- changed. Reprosentative salos: DIESSED DERF. Av. Pr. No. 1053 $3 00 000 800 070 825 50 b B85 05 8 95 00 00 00 15 20 20 on In the | rocelpts we avea liberal xious o dis- No. P N L TS FON 051 1104 1598 4 30 14.. 80 (0 50 400 COWS. 50 10 COWS AND BULLS, 180 HEIVERS, 8 20 CALYES, 00 BULLS. 00 1 1 STOCKENS AND FEEDERS, 49 . T80 276 11065 During the with heavy down gr avoras Uhls we pri carly part of th iDts, prices continued Ao, droppii hout 10e a day on N iy -five per ce of the hogs e s0ld at under tho $6 mark, and but ligher than & year months *ago " the difference and ‘03 prices was noarly o1 ho week 590w an Inerease of o with the woek proviouw Leavier than for th no wonth com- is i shori- o of al and so far you the decreass amounts 1o iing low prices and a t i . und the shipping tor than ot present for Tho rosult has beon pust day or two, on 1ho yeur pared with of all we Iurkels was lively Y wero shade Friday and the mark: closed” fully b ] Allelusses 0f buyers v 5w before 1 o'l of first b, or nenrly the hogs Dotzoit, the Liet trom 1y diy ublfuniu the rauge of prices was necessarily narrow. Primo butchor welghts brought #5.85 {0 common mixed packers went as low ne 5.65. The bie bulk of tho falr to good hogs of all wolghts, howaver, sold at 5 and 45,80 as against 85,70 10 45,75 Friday and $6 to $6.05 on last Saturday. Prices averaged today Just oo lowar thinon last Satarday. Represeitn- vo salos: sh. Tr. 160 8 820 © 120 5 120 & 160 & o 5 5 14 200 40 80 200 200 120 160 160 40 80 80 80 120 80 120 200 820 240 200 40 an | nd | 40 120 B0 180 40 120 80 160 120 160 KO 50 240 120 160 50 240 40 80 160 240 120 240 820 200 120 160 160 BO 7 240 Receipts were 10 0f mixed Mox sixty-five pounds and b prico and three of protty nubs that local houses did not. want. is w modorate demand, but in sympathy with orn miarkets the market hero 1S vory veak and 150 than ten days ago. r to good nati 755 fair (o good westerns, $8.75@4.75; nand stock sheep, 40 t0 100-1b lambs, $- Recelpts and Disposition of Stock. Official roceipts and disposition of stock as shown by the books of tho Unlon Stock Yards for tho twenty-four hours ending at . m. Juno 24, 189 fair, four doubl aha Packing Co.. o ¢ The G. H. Hi KANSAS CrTy,” 2,500 head ers ind feoders, $2.50@4 d, $1.6073.40, celpts, 8,400 3 1 £ d, $5.8005. ouls Livo Stock Market. ST. LOuIs, Jung 2 d; shipments, 10 o0 grass Texin stoors, 5 — Recelpts, 1,200 h it arket 10¢ fower; range of pricc Recoipts, none;: - shipmonts, hoad; market 1ifolos, i nothing doing. 200 ALTY MARKET. TS placed on record Juno 2 Peter Cockroll and wife to E.J 5 43 lot 14, block 151 same to § A Hatha Bloolcit 5120, s South Om Houthwic Omuha . o I Q105 <35 en s and Wit to npany i lot 13, block Albright’ rieo huughnessy (0 0 E Hoschort, lot 7, block 9, Kountze 4th add Jumes Afniscow to’ T 1esplo, 90 feet lots 16 and 17 ) Bur? lington Contor.. .. M ¢ Hodgin and Coryoll, T CABI 18 ( block iusbiand o 11 1 Lot 17, block 13, Clifton i wiro'to 1A T Hanseon Plac Vlock 93, South Omuha i J M Druien etal to Omahia Belt it Wity Compy H0-foot strip on side tof way throuzh part of niw nw and sw nw 33-16-15 Cusper Anderson to 8 Mot 5 of 10t7, block 8. Rush & Selby 8 QUIT CLAIM Dk H A Foss and_wifo to ¥ 4, block 5, Hanscom Plu block 94, South Omaha, DEEDS, Dundy Jr (mastor in John aifrries ot al, lots 3 block 115, Dundeo Place, 3 A Bennoft (s 6 block 14, 1un Same 1o Alvin S , Franklin square. .. Tt T same to L 8 Scehrooder, 1015 1 and block 15, Brown park.. o GW Poynton (pecial musior) o N P arotsen, 1ots 7 and 8, block 454 randyioy PR Total amount of transfers e Thore are three unngs worth savin Timo, Trouble and money—and D Witi's Little Early Risors will savo them for yo. These little pills will save you time, as {hey aet pron “They will sive you trouble us thoy causo no pain. They will save you s they o doctor's bills —-— Movimon Kolle, Juno 24.—One of ancient Mormon relics of Nauyon beensold. It is the old mansion house, the foundation of which was laid L Prophet Joseph Smith nearly fifty Here it was that Joseph 1 with eaying that ho would nom Sold a CARTHAGE, I11 the has tain the popilation of tho | world, Are You fhinklug Of what you o you go o the World's far? Your outfiv will 1ot bo complete without & Lottle of Cham. bertain's Colic, Cholera and Diarrhina e edy. ‘The change of water und diet, fatigue and ircegular habits during your trip are aliaost cortain to produce dia 4 and 2 dose or twoof this remedy may su seriou s and perhaps much re leaving bhome. sale by draggists. 2% ceut bo With Outlsws, LE, Fla, Juno 24.- with and 8 posso left hoMy yesterday to areest the Jenkins brothers and found them barricaded in a hut. The wi of the wen aame out and noti- fied the sheritf vhal the frst to onter the At to take with you when | yard would bo killod. A, J. Tulley ad vanced and foll dead, riddlod with bul lots. The brothers then made for the woods with the posse in pursuit firlng at the fleeing murdorers, One of- them was shot and foll mortally wounded, bul the other escapes e INHUMAN NAVAL OFFICER. Refases Ald to Shipwrecked Sallors af Sithka, Alaska, NEW BEDFORD, Juno 24.—Threo of ficers of wrecked whaling bark Sea Rane ger arrived at this port today from Pord Townsend, Wash., by rail. John Rogers of this city says that when the thirty- six shipwrecked men reached Sitka they had nothing but what they carried om their backs. The anthoritics at Sitks would do nothing for them, not even d thom. There wefe in the harbor three United States oute ters anl two American men-ofs war, tho Mohican and Ranger. Captain Foley of the Sea Ranger saw Captain Ludlow of the Mohican and implored him to do something for the men in the way of procuring food and other neces- sities. Ho told Captain Foloy he couid do nothing. Captain Foloy, by signing for 830 worth of ratfons for one wueE for the crew, was able to keep the men from starvation. The steamer City of Topeka from Port Townsend arvived at Sitka June 10. The captain refused to take them to Port Townsend, as they had no money to pay their passage. Captain Ludlow was again asked for aid, but would do nothing without pay. Captain Foloy pawned the ship chronom- eter and managed to get enough money together to take himself, his five officers and his son to Port Townsend. The re- mainder of the crow wore loft at Sitka. The night before leaving Captain Foley askod Captain Ludlow of the Mohican for food for his men, but was refused. Captain Foley, Rogers says, has ro- ported the matter to the authorities at Washington. il il SENSATION EXPECTED, Facts that Will Bo Brought Out by the Coroner in the St uls Polsonings. St. Lou: June 24.—Unusually sen- sational developments aro probable bes fore the coronor's inguest in the MeKibe ben poisoning case is ended. Lato last night the inquest was adjourned to meet next week, aftor the chemical analyses of the stomachs of McKibben and Mrs, Stewart are mado. As a result of the evidenco so far produced Maud McKibben, the 18-year-old daughter of the dead man, is held by the police to await future developments. The ovi- dence shows she tried to purchase both arsenic and strychnine shortly before the day on which the fatal meal was caten. idence was also adduced to the effect that the young lady at one time stole her sister’s wedding ring, aftorward pawning it for $4, which she gave to her lover. Miss McKibben is also shown to have at other times stolen upwards of $200 in cash from her sister's house, and it is presumed that her lover ured most of th T U Want Places in the Houio. WASHINGTON, June 24.—Among con- ar men who come to the capital dur- ing the summer vacations a good deal of quiet work is being done by the candi- dates for the principal oflices of the houde of represetatives. A tickot that is pressed with great contidence con- tains the name of Crisp for speaker, ex- Clork Kerr of Pennsylvanin for clerk, ex-Congressman Snow of 11linois for ser- goant-at-arms, ox-Congr of Texas for doorkeope ter Dalton for re-electicn General Yoder and E. Johnson of Ohio are making an active canvass for sergeant-at-arms. Tho latter is sup- ported by a majority of the Ohio dele- gation. Ex-Congressman and ex-Door- keeper Turner of New York and . B. Smith of Texas are aiso in the field for office of doorkecpor, Thers ave in- ications of a big crop of candidates for all of the oflices exeept the speakership. B e A. 0. U. W. and Liquor Dealors. TORONTO,Ont., June 'he suprema lodge of Ancient Order of United Work- men spent yesterday in discussing the report from the committee on laws, There was a fight over the proposed ex- clusion of wholosale liquor dealers and the proposal was finally defeated by nearly 4 to 1. The resolation that any who engages in tho business of g diquor by retail after August L shall be expelled was carvied by & of 372 to 72. The proposal to refuse all applications from retail liquor deale henceforth was carried unani- mously. e Editor's Wife Horsownips an Edltor, 1E; Ind., June 24, has been thrown into a vivple of excite- Mres, Colonel Sinniger, wife of the editor of the Bremen Enquirer norsewhipping A, G. Baker, editor of the Bremen Standard, for making dis- remarks against her through . No names wero given in the offensive article, buv the inference was , strong enough for everybody to know to whom he referred. Mrs., Sinniger went to his office and asked him to retract the statement, and upon his refusing she plied the lash vigorously, Constderate, tur: It was out west, and holding up a stage i the regula- hon. One of the passengers was a fluttery sort of a girl., “Oh, gracious! What in the world is happening?” she cricd when the order to “throw up yer hands” was given, “Don't 86 skeered, miss, with the revolvers, game.” “What do you mean?" “We're Jes' playin' school. Wo asks ques- tlons 'hput watches an’ rings an’ you folks hold e Linnds ter show yer Knows v answers,"” Washington they w tion fa id cho man “Ihis is just a now ——e Reached Muita with Cholera, Panis, Juno 24,—The steamer Wid- dington, sailing from St. Lonig, France, arrived at Malta last night with cholera on board. Threc persons had been strickenand two had died during the voyage. A weok’s quarantine hus been imposed at Malta on all arrivals from Froneh port 3 June 24,—Charle: of Wisconsin, chief topo rapher” of the Postoffice dopartment, dicd last night of apoplexy. Ho was 49 vears of age and served in the war in the Commissary department under General The Medary D DUBUQUE, June 21.—-Thomas Medary, editor of the Waakon Demoerat, is dead, A Valuable Traaiisa ; ++ONTHE,., Opium flmgrphina Giving full information how to secure cure sent free tg uu casy and speedy the afilicted by the National Health Co, 441 Paxton Block, OMAHA., =+ =+ =« NEBRASKA