Omaha Daily Bee Newspaper, March 3, 1894, Page 6

(] COMMERCIAL AND FINANCIAL Wheat Went Up With a Rush and Down with & Thud, EARLY ADVANCE DUE TO BETTER CABLES vo Addi- v Market and a Strong Im- of € al Strength on These Featu Prediction tioi CHICAGO, March 2.—Wheat went up with A rush and down with a thud today, finish- | er a bulge of % to better cables, and good buy- Ing %e lower for May The early advance was due the prospects of a cold wavi Ing, while free selling and the coura export outlook was responsible for a le de- cline later, May closing but %c from the bottom. “May corn closed Yae higher, May oats unchanged provisions lower all und, Among one of a bullfsh character w what different complexion and the latter gave the wheat market its opening drift. The Liverpool market was called firm, with an upward tendency at Y%d advance for spot wheat. The receipts here and in the north- west were comparatiy light, but New York wired that a banking firm there had ar- ranged to ship $1,250,000 in gold and some long wlheat was rushed upon the market as soon as opportunity offered. Leopold Bloom who had bought yesterday some of the wheat he sold out on Wednesday, was the leader of a little gold panic with which the wheat market opened He sold through Clark- Catlin and others about 500,000 bu., it was reported, within a few minutes of the start The buying orders were such that a goo deal over three or four times the quantity sold ont for Bloom was absorberd in the time named and the cry was still for more. More could not be had at the then prevail- ing price, so bids were advanced from 60%c to 60%e, which was the range during the first few minutes. The price shot up to 60%c and a little later to 60%e. colder her gave additional strength the market and before the wings of the ling enthusiasm could be clipped th i e of May wheat had advanced to 60%c and Gle. There was a radical change afte that, dug principally to the eastern advices reporting the impossibility of making sales of wheat abroad at the rates now current here, and May dropped 1lc. The spring whe: markets of the northwest maintained the firm tone which had so long distin- guished them, and sent dispatches regarding an improved demand for flour for export, which 1t was claimed that section Is now experiencing, hut export clearances were not more than half what were reported yes- terday from. the four principal Atlantic ports, and primary market receipts as a whole, in comparison with the shipments from the same, were quite heavy. The western markets usually quoted received 285,000 bu. and shipped 55,000 bu. Shak- ing the whole of the above matters up to- gether, the traders apparently concluded that they were more promising for lower than for higher prices, and accordingly ):?Id May wheat until it was down to 604 The price declined to 59%c for a moment, and the closing rate was 60c bid. Some life was displayed in the market for corn, a fair trade taking place within a wider range of prices. The sentiment displayed was decidedly bullish and a very firm market was witnessed, with the offer- ings all day on the restricted order, and at no time liberal. The demand was good and the limited offerings appeared to bring in.a good many small buying orders, the filling of which stimulated values. Today's re- ceipts did not come up to expectations, and aided by this the market opened at yester- day's close, and on an urgent demand and limited offerings sold up with a very little reaction from 1c to %e, eased back Ye with the decline in wheat, ruled sctady, and closed with May between the duy's top and bottom figures. In oats there was a moderate trade and a firmer fecling, prices averaging higher, but after an advance of %e the close was at about the same prices to a trifle casier than yesterday. The market followed wheat in its fluctuations and May closed at the bot- tom. Continued liberal receipts of live hogs at the yards in excess of the estimates, With a further decline In prices for them, were responsible for a weak and lower opening in provisions, Prices fluctuated within a moderate range during the first hour of the session, with the tendency downward on some of the private houses selling and a few stop loss orders coming in. The volume of trading was light. Later on the market ruled weak and lower on slightly increased offerings. ~ Some covering by the short in- terest subsequently caused a moderate reac- tion in pork and ribs with lard ruling steady all day. There was, however, very little trading. Compared with last’ night, May pork is 16 lowey, May lard 2%c lower and May ribs Tl%c lower. Estimated receipts for tomorrow: 60 cars; corn, 475 cars; oats, 170 cars 20,000 head, The leading futures ranged as follows: —Atticies. “High ‘Wheat, No. March, May.. July . Corn No. 2, Mareh. Oilh No. 2. March..... May... two items in the early news & one of a some- Wheat, hogs, G0@B0LE July i POrk per b1 May...... July.. Ll;nl 100 1b8 = esalZD Cash_quotations were as follows FLOUR-Unchunged. WHEAT-No, 2 spring, 57%@5 5 No. 2 red, STR@GT No. 3 spring, 2 white, 316! $11 short. tl shoulders boxed), v salted short clear sides —Distillers' finished goods, per gal. ) z The followjug Were for today: 12,000 43,000 ).000 | 193,000 8,000 51000 11 180,000 1,000 25,000 exehange todiy the butter mar- IN@2iiye; dalry, 13 Flour, bbly Wheat, bu Corn, bu gatalbu., ye, by | Har On the Produ Ket was quiet: Eggs, auiet; strictly Now York Markets. NEW YORK, March 2 -FLOUR poits, 14,500 bbls.; sales, wdly ‘better in tone and’ me araging export demand report i good demand for the West flour slow. Buckwheat flour, quict; wales, 100 b BUCKWIT ex_bond, CORN' MBAL RY E--Dull R ctive, mill Rye 52,85 City Indies. £ Canadian, state, 68G70¢; BA exports, 231,300 and 43,500 bu. in store 4425 u W held; No. 2 red, float, 6%e: f. o, sales, Bpot, Ay vatof, 62c; red, e Mronger turther from by nd e night's prices. Local ntruct wh v decroasing rapidly March, 61%@62c, closed at S1e} ADFIL closed at 6507 May, 630G 13-16¢, closed at 6le: June, closed at 63iac: July, 66 131 @6Te, clused Wi G04C; AUKUSL, G1lGGTNC, oloxed at it SRGEC, ol Desember, closed at 71N CORN—Recelpts, 4,600 bu.: exports, 4,500 bu.; wales, 90,000 bu. futures and 16,000 bu. spot. Spoi market irmer; 2 red, d@ae I elevator; 43le afloat. Option’ market opened frm with Wheat and on expected untavorable weather and b roads weat, reacted a little i the afternoon, b closed steady at Ke net advance; 4200, clowed at 42ic: April, 4 et My, doite; July at e, OATHRecelpt, sales, 13,000 bu. futures and Bpot, steady and more actly delivered, S8i No. 3, 30e; 3 white, §7ci track white w 3 White state, Sgiic. Uplivus, quict, but trmer below o e above tocks of ¢ No. 3 red, XY BN, closed 17,900 bu.; 600 bu.; ging | A predietion of | March, UKa clomed nt Tay, el 1404 3kic, closed at 6% 3itge. HAY n @S, HOPS--Dull: wate Paeific v, 18423 HIDES L unchang Orleans selected, 45 to 6 % to W ibw, 467 e, 101 net May ) e hpping W to eholce, $6.00 common to cholee, 18622 salted, N Texan, wet Ihe., 41504 Tiuenos Ayres Texus, dry, 2 \o 30 LEATHER- Quiet PROVISIONS oo, plekled bellfr Te; plekled Iy Pige m closed at $7,66 anked ; minal; May, §7.95, nominal; continent, $5.006%.0; compound, $6.50. and_eany: tew mess, $1%25610.75 oxtra $13.00613.85; family, $14.0a 11 short $14.506016, 0, RUTTER--Qulst; western orn creamery, 166125c; westorn Elging, State dolry, 1662 166710 CHE 12%¢ cut ah alders, 6 Ard, steady; wesi March closed at £ refined, weakor: Pork, duli prime, cloar, dairy, 19@17c; wost factory, 1@16e; state creamery aii%e; small, 104 ki southern irm t skims, T 2011 st e ah, 1761 7,084 ph but steady; oty 19146 YW Dull (82 per pkE.), PETROLEUM closed %0 i, (ANHR ROKIN RICE Duil but INTINE: bl Qufet] 1 . COPDER-Quint D--Steady Lower LTER Dull 01 $11.50¢ Amert falr ke an, 15.00, the 310, TONSEED O1L--Contin \ture; o encouragement out of fown points; « rule prime crude, 28c; erud yellow * butt Bardc; yellow, plates dull. hid. aull and in advices about the in bbls. i ig@rsze; prime triits, with H ? A o gren, White 2 13-160; con dy ing. 100 bags SUGAR—Ttw trifugals, 9 teat, vado, 98 test, r flrm; fair refl Local Produce Market. Stock I8 accumulating with most of and_the market is slow and weak country, 1@i6e; paeking stock, 10110 SED POULTRY—T receipts consist of rough stock and trade I8 very dull pecially on turkeys, Chi turkeys, Sade; goese and glicks LIVE POULTRY-T! stock and dealers orders, VEAL BUTTER the dealers Cholee DRE: most] lberal stock for r heavy vy light the end of week s down The market ix fancy stock firm selling California, v, 12 fddiin; tard pany Chestnut, 12a13c; almon. filberts, 12 cans, medium, 10c, IDER—Pure fuice. Oregon, per bl cider, per b SAURRKIA 13.0003.25. Norseshoes, 2e; o; extra e seleots nta, 0. Ttalian chest glish walnuts, 13GMe; pe- 5; half bhL, $3; clarified b, half bbl. Ui, $3 UL, 0; half bul., STABLES. A hand-picked navy, $1.9072.0 tern_ $LT0G1.80; common white beans, 50401, 75 ONTONS navy, Onions are ord Lo low onfons, In POTATOL braska, BTOwn potatocs, in small same In car lots, 650 @soc: Colorado. lots, CABBAGE-Orders try are filled at 2%e pe CELERY_—Extra_fancy VEET POTAT ’ per bbl N VE salsity, 30635 onions $1.0021. 5001, quoted on bbis., §: Towa and lots from Colorado, Minnesota store, Toc; from store; bhie from the coun- lifornta, 60c@$L.00. is fair; good h,per bbl., $2. . ‘per doz., & agus, rrots, pe wross, per ¢ 6-1b. crate, FRUITS. APPLES but ket and the oranges, Faney west CRANBERRIES— Ing oo soft fo the to Thore few apples on going box. stock 18 becom- nent, but there Is stll a for’ atandard 36 el a ORNTA ORANC fng in_good conditton and Riverside seediings, box lot Redland navels, seconds, ] zos a0, $1.50a2. 00, STRAW BT S-The Florida erries are now on the market at 3d0c per quart, TROPICAL FRUITS, c mainabout ver bung $5 ; BANANAS-T bune med cholce, 0, S0 ORANG tdas, & TANC GRAL'E lots, Es—Itancy Floridas, cholce Per box, RUIT—Per box, $. FURS 1 black, large, small, $8.000110.007 jum, $i0; £20.00025.00; me- black yearings, small $7; black : medium, '$5.00696.00; small, Montana and Rocky' mountaiin, large, $14; small, $10; black Mon: $12; medium, $8; small, large, medium, Tariy dium, arlings silver tip cubs, I s3: brown, large, smali, $12; yearlin miedium, §8; ‘small, "36; §7; medium, $5: small, §8; badis $100@1,60; medium, 60¢: simall, boc; fisher--No. 1, large, '$8; medium, 303 small, $i; fox, milver, s 0 color, according to 1t Targe, $100; mediurg, $60; smull, $10; ing o beauty, large, mediom, $20; cross, large, §7; mediim, $3 large, $1.50; medium, $1 Te; medium, 500 dium, 40c; small, dium, $2:° small, medifim, " $1.50 $0c@31.00; dark, &0c lurge, No. 1 cubs, $; blac $18.006 2. tana yvearling 5; bluck Mon'a small, $5; Inrge, in lion, pe $LOOG2.60; Imperfect large, $8; mediun: otter, pale, No. 1 lare, $4; raccoon, No. 1 lurge, 80¢; mediun ©0c; raccoon, biack, a8 to beauty, S0e@$2.00; skunk—black, $1.25; ' medium, striped, large, 505 harrow’ small, wolverine, $3; small, medi mediim, per skin, No. 1 large, mall, $2; kits, lal ; muskrats— dium, % 7¢; small, G fect head and 1 sins, 2G5 small, No. 1 large large; short, small, medium, Wolf—mountuin, 2, small, $1.50 B0c: small, 50¢: 5.0026.00; medium, $4.50% medium, $1.60; " small, No. 1 large, 10G11e; me- fall, large, 8G9; medium, large, TALLOW, Kits, ETC, ; No. 1 green 1- dry per 1. 2560 salted shearlings early I, GG 15c; dry shearlings (short-wooled siinw). No. 1, ‘each, 5@ilic; dry shearlings (ah oled “early’ skins), No. 2 cach, fe; dr flint, Kansas and Nebraska butcher wool peits, £ b, actual weight, 6GSc; dry fint, Kansas 1 Nebraska mureain wool pelts, per 1. Gotual welght, 4@te; dry flint, Colorido’ butch wool pelts, per Ib., actual Welght, 4G7c; dry flint, “Colotado mufrain wool pelts, per 1b., wctunl weight, 44 TALLOW AND GR low, No. 1, 44@ 41ge; tallow, No. 2 3%@ic; grease, white A, 4¢: . white B, %« ket yellow, 40; old Butter @1sc; rough tallow early is Markets. 2~FLOUR~Trade St. Lo ST. LOUIS, Mareh prices Vnchanged, WHEAT -Wan bid up %e by the bulls e but_woakoned “Tater aha St e, dlosto ge: July, 583 o e CORN--Advanced sge back R No. 2 mixed, st aleh poor; with w 0 but _slippe and 49¢ bid, east side Woing. K, 518 SEED- Unchanged; ; $5.00610.00, cholee timothy, VISION—Lower, standurd mess, §12.25, Dry salt meats, loose ribs, 36.15: shorts, 6 om, packed shoulders, 365006, dull Lard, §7 1 shoujders, $6; longs and 5: I e high 1y longs, $6. i wheat, 10,000 00 b, 9,000 bbls.; 18, 11,000 b, ‘otton Mark: ORLEANS, March 2 sales, 1,760 bolew; lnary, 6 11-16c; ordinary, 63 6116c; low middling, 7 1l 16c; good middiing, 7 -l fair, 8 1-16c5 falr, $e. Recelpts, exports to Great Britain, 0 bal continent, 7,400 bales; COABUWIN stock, 210,04 bales, sales, o aulet} March, $7.13; May, 87, 3% July. $TAGGTAL August, er, $TA3G7.4; October, 37 $.49G7.61; December, 7.5 LOUIS, Mareh 2 —COTTO steady; middiing, 75-16c; sales ipte, ' 700 bales; shipments, 62,200 bales. bu.; corn, 133,000 bu.; SHIPMENTS -Flour, bu.i gorn, $4,000 bu. wheat, 6,000 COTTON. arvive, G0 NEW steady: low o ordinary, dling, Quiet, Dalest Kkoud mid middling 1,200 bales: o the Dales; higher vy, Re “Wool Murket, ST. LOUIS, March &—WOOL at sicady bui unchanged prices. LONDON, March %At the wool auctlon. sales today 5730 bales were offered aud 1AW balws of In fair demand 1891 THE_OMAHA DAILY BEE: SATURDAY, MARCH number were withdrawn. The catalog wers m Dut_they Inclided a Kool o ment ‘of Viotoria washed combings, which sold freely,” Yorkshire paying up (o 4% for Inmbe Otherwise there Was Tt interest, France Most of the wool; Qermany was inaetive 1" fhere ‘wan ' nothini for, Amerien The followlng are e s oy, 1,480 bules seoured, Sigd@in 20; greasy Queens) scoured, 11111 greaRY, 2605 bulew, mooured, Adelalde, Vates sags 1 10 at Market. farch 2~Recelpts of wheat were 197 cars; shipn 51 k market opened steady in the moming and vanced Inter about ¥e, with large tradin the advance, Sell ater caumed A declin r buyers wold out later to realize, pting some orders from tie carrled over, May opened at 58l Prices ranged 1% spread between nd July. The close was nt 68tge for March May and July No. 1 northern, No. 4, from farmers’ e in Increasing and has very week compared with the receipts there the past two or three weeks. 1t Is olaimed this movement will not long continue and it is ac counted for by the peoy i the country on the theory that the money obtained for weat I8 needed to pay taxes due in March. After that movement 1s over the claim is that there will be little doing until after seeding. The large movement has been encouraged by the sod weather and improved ronds for move ments, Prices have aiso been a little better, which' caused 1 farmers to sell that might have otherwise held longer, Mills are {ncreasing the production of flour and are necessarily con: more wheat wheat receipts g the week ha n very fulr, #o t reductions in 1% not_expected to from th wtors here (his weok nunderstood mersare prep [ and flax this s that_the less in tae north- BAPOLIS, today he coun fair this movement try Is tha loy 18 claimed considerably on of wl west lour was_selling better $3.35 to $3.65_for patents for bakers. These figures are the the prices in the bulk of the sales, STOCKS AND BONDS, Was $1.60 to 32 extremes of Trading in Securities Yesterdn, Active as Thursd W YORK, March 2.—The continuation of yesterday's trading was reversed on the Stock, exchange today and of the buying last evening no trace was to be found at the opening of business this morning. reaction was natural by reason of sales to realize profits, but the offerings were too large to be ascribed to such a source. This selling movement was materially. assisted by the announcement that $1,250,000 of gold had been engaged for shipment tomorrow and by the passing of the seigniorage bill, for the bears affected to regard the progress of this measure as inimical to the stability of speculative values. The first prices were made irregular, but generally below yester- day’s closing figures, Sugar being the weak- est on the list and in the early trading car- ried the other shares traded in along with it in its general downward course. Gen- eral Electric, Cordage and New York Central showed marked depression. A slight rally occurred shortly after 11 o'clock, which was followed by a decline in Lead, Sugar, General Electric and the grangers, bringing the figures down to a lower level than before. As the market moved into the afterncon some of the shorts began to cover and the decline brought in some buyers for the London account, which had the effect of causing a temporary ad- vance in which New York Central, Sugar and Lead participated most largely, the grangers showing slight improvement. But at 1:30 o'clock the upward movement re- ceived a check and from then until the close the prices moved down, the lowest figures of the day being touched in the final deal- ings. Compared with yesterday's last sales the close showed a decline ranging from % to 1% per cent. The railway and miscel- laneous bond market was firm all day. The Evening Post says: After yesterday's rather excited advance in prices some re- action was in order today, if only from pre- cautionary sales of yesterday’s buyers to take profits. No doubt the gold engagement had some slight influence, and possibly, too, yesterday’s vote at Washington. The market S0ld off rather rapidly at the opening and then, with occasional ~slight movements in each direction, lapsed into Its accustomed inactivity. The closing was irregular and weak, with most prices at the lowest. The engagement of $1,500,000 gold for export by tomorrow’s steamer created great sur- prise. Today's actual selling price of de- mand sterling is still %c below the regular commercial shipping point, but it s a full 1c higher than the rate at which the other $2,000,000 in gold was sent out In December. The following are the closing quotations on e leading stocks of the New York exchange Some T35 N 150 UL P. 1 21 |N 130 | do 112 |N. Y. Ci 0% N. Y. & N. Eng. nada Pactfic. 664 Ontario & W... indn Bouthern, B0 |Ovogon Inip. al Paciilc... g 13k Oregon Nay ® 17505 L. & U. 8 EXJ Alton, T. H. do pfd...... Am. Express: Balitmore & Oillo & Ohio iz Alton. . B&Q..... Yt Richmond Tern b R R.G. W. do pfd.... 0l | Rock Island... .. Paul o pi; L P. & On do. pfd.. 11¢ | Southern Pac.. ISugar Refinery. g X . C, C, & . Colo. Coal & fron Cotton Of1 Cert. Del. Hudson. ... Del; Lack. & W. D. &R Gprd. D.&C. F. Co.... Bast Tenn... rle ... . Fort Wiyne. Tenn. Coul & Iron M Pacific Lead Trust Loulsvilled | Loutaville & N. A, | Manhttan Con». 124 | 0 (M &S L |baid N. Linsecd” O F. & 1 do’ it 1, & T.C Mol ¥ Mashville Ch National Core do pfd. N.J.C N & W, pld.. North Am. (o Northern P comeul acEon £e 55552 Chicago Gas, 106,400 General! El shville, 4,700: New ngland, 3,7 10,400 700; St. Piul, 24,700; Western Union, 5,500, "The range of prices as reported by J. W. Dean & €., Board of Tradw hall, 18 as 11lows: ~Stocks. [High|Low. Rock Tstand, Brie e | Puolie Mail., 104 ° 11043 uitg| i 180 | 173 Mo, P Unfou Pactiic NP N. Pacific com B &Q.. Roal: Island 1031 10541 174] 1234 643 6%y i) a2k New Engl Atehison $ Chicago Gan. ... .1 Reading. ... 2 ON CALL: a1 March 2. NEW YORK, last a asy at 1 per cgnt; per_cent PRIME MERCANTILE 3034 ent STERLING EXCHANGE-Firm, with & ors' bills at $LSXLGA 8L 1 t $4.5815G4.88% for Nixty days. commercial bills, VER CERTIFICATI NMENT BONDS 01 G693 Firm, State bonds, “The closing quotations on bonds: iy {8 0014 12618 AMN Tk Pacitic 80 03 Louskana stpd 45, Mo Th S § o K, Tdlg *N. C. 08 83| “do is. 4t Menn. old U8 Va. Centuries Unds. . nsols 68, N. W. Deb. on..... 81L& LM.Gen. 08 1301 |Aln. Class . 1047 Alabama Cur 1s Mining Stock Quotation LOUIS, March 2. Mining stocks Listless and Age In prices. Close. Hid Awied. | . $ 80 lzab o (S, Hopes 00" | Hope 200 |Harouver WA Akod o2 .60 16 DUN'S .\Nl} BRADSTREET'S 7V More Mnnnfnrm;ngxml‘lisl m:nts Resum- ing than Have Been Olosing. LOW WAGES RESTRICTING DISTRIBUTION Tron and Steel Show In Activity-The Wool Market Proving -~ Business Fallures Past Week. & & Marked Iner for the NEW YORK, March 2.—R. G. Dun's weekly | review of trade will say: With no_inore definite Information than a week ago régard- Ing the outcome of internal rovenue dispuies, perhiaps more people have come to the belief that the end will answer thelr wishes, Cer- tainly rather more are taking limitad risks in business, clally In st A s stantial basis fs the steadily growing demand for goods caused by gradual exhuustior of stocks held by dealers, and this has further enlarged the working force In manffacturars, More works have resumed or increased hands or lours than- have stoppad or re- duced, whilo numerous reductions in wages continue to lessen the purchasing power of those at work The demand of distributors is almost ex- clusively for medium or low priced woolen and cotton goods, for $1.50 and $3 hoots, and for shoes rather than boots. Some sales- men_and traders find indications that stocks of the higher priced goods remaining on hand are much larger than usual, the bankers Judge that much of the demand for commer- clal loans Is virtually for rendwals to carry unsold stocks. In all branches of the woolen manufacture the demand is yet far below the usual mark, but is somewhat m- proved In worsted and dress goods, and lead- ing mills have been taking wool quite largel that in three chief markets the sales, 397,200 pounds for the week, against 5,1 200 last year, impart confidence, because scarcely any foreign wools have been im- ported for months and supplies are short. Western markets were also bronder without improvement in price. Continued weakness metal products, notwithstanding some _in- crease in_actual business; Pittsburg offers steel bars here at $1.15, which s only 1_cent higher than at the miil. Plates are offercd at $1.25 at tide water and beams are de- livered here at $1.35. Moderate orders for cast pipe have been placed, and some large structural contracts, with others expected Even in the Pittsburg region little over half the force is employed and only 57 per cent of the Connellsville coke ovens are yet in operation. A few more furnaces are In blast; southern pig is weaker, and 5,000 tons, southern warrant, have bven taken by English holders, who now have 45,000 tons There are heavy transactions in lake ore at Pittsburg and it fs said that with ore at $2.75, coke at 85 cents, and wages reduced 20 per cent, many furnaces can make iron at a profit, even at present prices Minor metals are weaker, tin in particular, b cause of the fall in silver and disorganized eastern exchanges, and lead, because of ex- pected legislation. Recefpts and oxports of wheat for the week have been only about half last year's while there ic a great increase both in re- ceipts and exports of corn, but scarcely any change is seen in prices of other product Railway tonnage from Chicago was but 21 per cent less than last year, against 35 per cent for February- - : Imports of merchandise still show a de- crease of 40 per tent, while exports of do- mestic products far three weeks are 5 per cent larger than last year. Fhe buy'ng power of the people is necessarily restricted, with many works idle and wages much reduced, and ap- prehensions for the future cause general economy. The most encouraging feature of the week's record 18 the continued decrease in number and importance of failures. For the third week of February liabilitles thus far reported are only $2,856,346, and for three weeks of the month only $11,420,418, of which $5,045,847 wero‘of manufacturing and 218,698 of trading concerns. The number reported in February is 1,260, against 2,080 in January, and- the full liabilities were probably less’ thafi $15,000,000, against $30,- 946,497 in January. In November and De- cember the amount exceeded $60,000,000. For the past week the fallures have been 264 in the United States, against 206 last year, and forty-two in Canada, against forty-five last year, scarcely any of much importance. 50 ppears in prices of BRADSTREET 8 REVIEW OF TRADE. Peculiar Conditions Mark the Business of the € try at Present. NEW YORK, March 2.—Bradstreet’s to- morrow will say: Storms and cold weather south and southwest have checked the course of business this week, while west and north- west brighter weather had an opposite effect. No better fllustration of the neces- sarily halting and irregular movement of the volume of business at the beginning of the improvement may be found than the record of the week with its decreased volume of trade and renewed unfavorable reports from the south and the Pacific coast, in contrast with the more cheerful tone and increased sales at important citles in the Ohlo and Mississippi river valleys and in the north- west. Thus, while advices from Providence, Philadelphia, Baltimore, Cincinnati, Nash- ville, Birmingham, Galveston and San Fran- clsco are less inclined than in late weeks to regard the situation hopefully, those from Buffalo, Indianapolis, Louisville, Memphis, Mobile, Chicago, St. Louis, Kansas City, Omaha, Milwaukee, St. Paul and Duluth ali report evidence of distinct improvement. The general industrial situation s both bet- ter and worse, There are thirty resump- tions of factories reported, contrasted with two shut-downs; wages have been reduced at thirteen establishments and fifteen strikes are announced. The latter is a feature noticeable at Paterson, N. J., where 2,000 sillk weavers have struck for higher wages at a time when thousands are still receiv- ing ald from the citizens relief committees. The general tendency of prices is down- ward, leading staples showing an advance in coffee of ¥ cent, cattle and hogs, 10 cents per 100, Some varieties of leather have sold lower; coal is off 25 conts a ton in New Eng- land; wheat Is down % cent; corn, % cent oats, 3 cent; cotton, % cent; sugar, % cent; pork, 25 cents a barrel, and lard, % cent a pound. As compared with prices one year ago, those for print cloths and lard are 40 per’ cent lower at this time. steel billets 30 per cent lower, flour, wheat and corn 20 per cent lower, while decreases within a year in prices of wool are 22 per cent; iron, 16; cot- ton, 12; sugar, 8 per cent, and coffce 4 per cent. Quotations for oats and for cheese are practically unchanged compared with one year ago, while those for butter and petre leum are higher. Exports of wheat from the United States and Canada, both coasts (flour included as wheat), equal 2,072,000 bushels, against 1,730,000 bushels last week, 51,000 bushels in the week a year ago, and 2,908,000 bushels in the week two years ago. The extraordi- nary iners e of ,000 bushels of wheat afloat last week, reported by cable from gurope exclusively ,to Bradstreet's, was due to decreases afloat for the United' King- dom and in stocks,at Odessa and France. Total stock of whtal here, in Canada, afloat for and In Buropel inéreased 182,000 bushels last month, compaeed; with an Increase of 93,000 bushels in February last yea but contrasting with -a decrease of 693,000 bushels in February,, 1892, and heavy de- creases in that menthifin preceding years. There are only 272 business failures re- ported in the United States, compared with 235 a week ago, 217 in the week a year ago, and 247 two years mko, indicating business embarrassments b reached & normal level much earlier fn the year, following a severe panic, than had been supposed pos- sible, At Chicago the volume of dry gods sales 18 larger; there are more buyers there and increased demand is reflected in sales of cotton, dry goods, shoes, rubbers, clothing and leather. At St. Louis like influences have stimulated the distribution of dry goods, hats and clothing, while Kansas Oity and Omaha jobbers make corresponding re- ports, the demand for light hardware and agricultural implements being - specified at these points, wry Clews on Silver. NEW YORK, March 2.—The present at- titude of Germany in connection with silver foreshadows a strong probability of a con- ference of Dations belng convened at an ':|rh date for the purpuse of arriving at an roment. Since the DRrussels confer- ence important changes have occurred in connection with th sllver problem. Iudia has suspended free colnage and the United £ government has repealed the Sher- man law. Silver, therefore. Is now really without a responsible sponsor and fs drif mg about like a ship without a radder, while It 8 recognized almost everywhere as essential that it should be utilized as a money metal and regulated as such through International action, which Is now really the only solution. The greatost necossity Jfor such an agreement at the time of th Brussels conference was felt in this country owing to our especial needs. The situation | has sinee changed, however, so that all the European nations are at present much more concerned in such an outcome than we are. The Initiative, therefore, will doubtless soon come from that quarter, and Germany, it would appear, is likely to take that action | The Yesignation of Mr. Gladstone as premier of Great Britain, If the recent reports to that effect materfalize, will renfove Eng- land’s opposition to Interpational bimetal- lism. Such an agreement, It entered into, will have a most important influence upon the world's finances, products and secur- | Itles by infusing new life therein, and can- not fail w cause a material enhancement of all values, besides make a strong metal Tink between all nations that cannot fail to be productive of strengthening friendships and commerclal and business allilances of every description throughout the world for the mutual benefit of all. HENRY CLEWS. CLEARING HOUSE REPORTS. Record of the Bus Associnted i NEW YORK, March table, compiled by Bradstre total clearances at tho principal citie the percentage of increase or decr compared with the corresponding week last year: The following t's, shows the and a8 cmies. CLEAWINGS. New York.. Chicas Hoston Philadei phifa St. Louis San Francisco. Baltimore Pittaburg Cinelmati Kansas City New Orleans Buffalo...... Milwaukce. Detroft...... Louisvilie Washington.. Duluth Dallas. .. . Joss Peoria..... Memphis., Portland. Ore K Rochester. B £ New Have 1 Savannah 1.30 16121200/ . 430,010 60| Wilinington. D NorolK. ... Sloux City Los An; Tacoma..... naw. Spokane Jacksonviilc. Lincolu. . New DoUfoRi Wienit Lexington. Ky Biughumton. Emporta, Ki *B: *F of New York. DOMINION Montreal Roronto. Halitux WALL STREET FOR A WEEX, Better Tone Shown by the Marke and an nerease in Prices. NEW YORK, March 2.—Bradstreet’s finan- clal review will say: Not only have quota- tions tended higher during the past week, but the market as a whole has been broadened. It cannot be said that the later values involve a decided Increase in interest on the part of the public or that European participation had assumed any real propor- tions. Commission houses have been some. what more active, but the movement of prices is no less dependent than before upon the purely professional element of the board room and “street.” The essentlal differ- ence between the condition of speculation during the past few days and the market as it was for some weeks before is that the trading, instead of being confined to a few stocks in which manipulative influences are uppermost, has tended to securities in Qifferent parts of the list and that railroad shares in particular have been rescucd from the neglect to which they had been subject. The movement of prices, while not rapid, has been more general and would apparently indicate that leading operators who had been undecided and adverse to taking any position had to some extent resumed activity on the bull side. lon Stock Quotations. h 2.1 p. m. closs 510 Mexican oraTary 100 5-16 /8t Paul common.; e Now York Central 1023 .+ 174/ Pennsylvania 50Ty B4l Reading 11 L0414 Mex. Cen bIs BAR SILVER —27)4d per ounce MONEY-13 per cent 3 TPhe rate of discount in the open market for shor bills 8 1% per cent, and for three months' bills, 13§ per new ds. Market ORIA, March Market active and No. 2 34c; No. P8 Market actly gl 0. No. 3 white, 2 white, hikh wine basts, $1.1 1,800 bu.; corn, 104,000 bu. 1,200 by 6,300 bu 450 bu, Livorpool Murkets LIVERPOOL, March WHEAT - Firm, mand falr; holders offer sparingly; 1 prnla, On 11 2hd; 2 red western 10 de- call win- and new mixed, dem fair; . short Bacon, 335 6 long 3 1bs., il Notes. Clearings, bal MEMPHIS, March 32 37,130, PARIS, March 2.—Three for the account per cent rentes, 99f 60c 2 —Clearings, $20,05,623; bal 2,607,171 HALTIMORE. bulances, 3204, 401 NEW YORK, March 2 nees, §6,198, 608 PHILADELPHIA March dlinces, $1,980,045, CINCINNATI, March Money, 81446 cont LONDON, The amount of gone into U England on balance Was €76, 000, W ORI reh 2.-Clearings, 12 Clearings, 392,203,864 2. 2Nt VIR 21,804, Clearingy 260, per March ank o bullion today NS, March 2.—Cl 1 per New York exchunge premiuin; bank, $1.00 per $1,000 prem LOUIS, March &—Clearings, s M aull New York, $o premium. ), March 2 —Clearings hige, S0¢ premium tual rates, $45704.8% a r nywhere botwoen tements made by St reflect the'easy monet banks are caiiying vesy i | i 4 and 6y banks 1o the vy condition. All heavy cash e plenty cent auditor £ the werves, 1 | i A LIVE STOCK MARKETS | Reo ipte of All Sorts Still Well Abead of Tast Woek's Offerings | BEEF CATTLE SELL SLOW TO DULL | s Active to St Further in*t ators — stin of Sp About Stendy. FRIDAY, Mareh 2 CATTLE foll oft somewhat to day, but there were plenty of hogs and sheep on sale. So far this week, compared with last, there has beon a slight in cattle, but supplies of hogs have sod something like 4,300 head and sheep over 400 head. In the cattle market brisk, but prices were lower. + The demand was not urgent from any quarter, shippers being very cautious In the Iight of recent oxperiences and dressed beef men indifferent on account of the fine weather and the limited consumptive demand. Desirable beef steers sold easy at right around steady prices, but the feel- ing was casfer and it was not _long beforo buyers were bidding low Trading was rather dull and dragged along through near the entire day, and late sales generally showed a decline of anywhere from u shade > dime. Nearly' everything finally anged haus In the cow market it was different. Sup- plies were more nearly equal to the demand and the thirty odd loads on sale met with a | | dy sale at steady _to a shade firmer prices, Offerings of butchers’ and canners® stock have been falling off and as there Is lly u very good demand for that class of k at this season of the year prices have well held up. The demand for veal continues good and prices are quot- ng. Good fat bulls are ready sellers at firm prices, while the rough thin stock meets with an’ indifferent demand. The stocker and feeder trade was without new features. Both supply and demand were restricted and while the volume of business was small prices were not quotably changed. Good to choice feeders are quoted at from $3 to $3.30; fair to good at from $2.7 $3, and lighter, commoner grades at from down. Representative sales Rocelpts lecrease inere was far from not much it any been Pr. 410 130 i 910 1062 25,1110 112001013 SHIPPING ST L1163 MIXED. ...1028 2 cow! mo 1200 1120 910 a0 2 4 w0 2 L130 375 o 4 00 0 400 250 400 120 400 BULLS. 160 i 280 TOCKET ND FEEDER! mi HOGS—The supply fell nearly 1,500 short of Thursday's run, but there were just about as many hogs on sale as there were a week ago today, and the four days' supply com- pared with last week shows an incr of about 4,300 head. Prices dropped a notch or two lower, as the spippers and specula- tors Interposed mo objections to local packers filling their orders at thelr own prices. Bad reports from the east also helped depress the trade, and the market opened out Ge to 10¢ lower than Thursday, with sales at $4.65 and $4.70, On this basis | ¥ trading was slow, but under free buying the situation improved and the big bulk of the hogs went at $4.70, or about a nickel lower than Thursday’s weak close. The final close was weak, however, with a few loads still in first hands, It was pretty much of a one price market, two-thirds of the offerings going at $4.70, as against $4.75 and $4.80 Thursday, and $4.85 and §$4.90 on last Friday. Representative sales No. Pr. . s 3 0 . 80§70 i I 50 470 (3 . : 0 o 7 ) b3 Pr. ROUGH 0 4 SHEEP—Supplies w oral and tncluded all ki Local houses wantod some while low, were about steady, comparatively 1ib. 18 and conditions, auttons, ind bids l Trade was 4 53 good nutives at $2.15@ erns, [} by i fur the tw March 2. 1804 “eATTLE. | | cars higher | tactor sented, i the 10 ot, and it there w moved ¢ fotelied *from wilua At viulling f wh in oxce I and tin houd, tmes wliould hive expected first thre clin. and today for range of bulk Kood, strong 10 lower: NEW 2,000 hi § ordinar 8.1 T firm; $5.0046.00, KA steors, 3.1 ) about ste trading 1ght; native ste $3.0013.35 b fy South Omal i K St. Louls. N ovened points deciin e bags, including higher; to Dings, stock, 6,000° K et CORN white, B I DeWitt's Witch Haz rather casy. Fair (o fair to good weste common and stock sheep, oo 40 to 100-1b, Représentative sales: Wt e 1Y 82 Lo 1 1t 1 BRI 1 and e feel $2.260 %10 50G2.15 ubs at §2 1 buck 1 NAUYE Wetlire 1 Western wellior & westorn wethiers Recoipts and Disposition of Stock. el reoeipte and A1Bpos o of Stoek A 810 DOOKN OF the Union Stoek Yarls company - Fo1r honrs suding at 5 o'elock 1. hi - " RECEU TS, i oG, HOUSES & NIR Head Cars: Head Cars. Head| Cara | Hon 212000, 100 7881] 01,2 DISROSITINN VRIS, AT | Qmalin Packing The G. 11 Swift & Co The ¢ Hammond ¢o & e Total 1,500 CHICAGO LIVE STOCK, 8 Were a Little Tighes ult of Light Receipts, March 2.~ Price Iy, who ca Its—1 A HICAGO, were a little £ yosterd, vl trengtliening well ey HEht e AIL classe vor and a ther el entl ol the onlers acller ul I sitton. They asked Wance of 10 150, und snles showed an averige e 10, There was no exeltement i th I wafe to mny that bl yest [ todiy's arrivals been of average proy Ll have Teen no enhancement of he eholcest heavy Dogs on Gy 1 there were many cholce hogs-—c wer 85 jer ewt. A few £.05 to €600, It th SLUD eut awimnall f from $1.8) o $0.0 n $L80 (0 $180 for Towest Jand uld fancy or 20 e and sollorge vediiotion i 1oe most. i five vy in about 16 40 Fresponding from packor willing t necept 1 tatal for 2,000 hoad, thian . grentor 114,000 InAt yont W Wik s int of sheop will exgeed 70,00 1 e hout i i KoLt e S350 Ly 81 15y 5,000 eat: e, 7,000 1 il reorts Tecelnte, 5,000 $4.00605,00; K I TGGR- Tl d prices wor Tkt woel eaanans The Tamb . ; market $LI004,60, N prime beavy and Rorted 1ight, $.000 s and mixed, $4804.90; welghts, $1.9044.95; o Recelpts, AND LAM 7,00 I ¥ top sl v ¥ YORK reh 2, arket active, m to fair, oo i dry 000 I strongor $4.10074.7 Roceipts, native wteers, common 1o cornfed Colorado W, $1.0562.75 head; - market Quict, une) dull; s e i hing ol 83, BOO, $4.5060 1771 .. coipty, head; market noming ive Stock Market. March 2, —CATTLIS - Re saipments, market Kunsas City SAS CITY 0 fueitd nig I Stockoers bulls, , §2.00400.60; $1.50 00 " shipments, bk, $4.7 $4.6501.82 $4.25001.85. head; market H 31— Recolpts, slowe Iy, TLE-Re kel 100t 1 aters, 1,00 (0 1,100 1hi, 5 cipts, 1,100 stendy but 1300 1hs., 1,400 I £500 head; Sloux City Livi X CITY, Mar nth, non S dsar i : : market oo low bulk TLE ipmonts, 629 B0@120; Ve i bully,” $1.50% he followine ar clpal cities Friday Hogs. She X T ik ClLy, 7,500 5000 Total... T Coffee Market, YORK, ady o W st v “unchang rulad dull y throughout the session, el 1 decline to 5 points advanee; Mareh 315, e / 1,000 bags | atiiti PRot PR Market steady o 1 pfy. “Market stendy, unchunged T000 buga:' wtock, 00 s Brazil, meaindt 312000 including 100,000 Tz TANEIRO, Mareh 2. Mariet Ints’ for two diys, 14,000 000 buge; cleared from’ 1o INDON i higher. it it Murch 1, March 2.—Market quiet but firm; Kunsas City Murkets, ANSAS March 2 Wi tie higher; 2 It Firm; No, mixed, AT mixed, 286 white, UTTER-Weak ereamery, 19G20c; duliy, 1 Quict 5 e, Firm 480 11,01, $8.0009.00; prafrle, BCRIPTS 18,000 1,00 H bu.; comn, none; cotw, - o oats, DeWitt's Witch Hazel Salye cures ulcers. 1 Salve cures piles. THE NEXT MORNING | FEEL BRIGHT AND Yiver and kidnexs. and 1+ NEW AND MY COMPLEXION IS BETTER. My doctor ways It aeta gently on tie stomach, ant laxative, This drink b made from horhe. and Is prepared for use can: ot gut It, Aeud ¥ s easily a3 ten. It 1y called LANE'S MEDIGIN A1l druggistan i 1 8 paoknge. cas 0F & fre tane's Family e cichday, Tnordert ASA P FOTTER N ~ LOWELL € B‘R“llbla)\ POTTER BRIGGs (o BONDS COMMERCIAL PAPER ~, *40 WALL STREET- NEW YORK,