Omaha Daily Bee Newspaper, May 27, 1894, Page 15

CONDITION OF OMAHA'S TRADE Business in a Jobbing Way Abcut Up to Expectations, CROP CONDITIONS HINDER BUSINESS Bank Clearings Show a Falling Off in the Pereentago of Decrense us Compared with One Year Ago—Iank Loans and Discounts Reviewed. The local situation as regards the jobbing trade can hardly be sald to have undergone much change during the past week. Busi- ness in a general way may be said to be moving along in a very even course and not to be wanting entirely in satisfactory features. The volume of trade, as a matter of course, does not show that Increase over a year ago which a progressive business community is always striving after, but considering the times the showing Is not bad, In some lines, as for example dry goods, the volume of business is larger than any one had rea- son to expect that it would be. In many other lines there has been a falr movement of goods, and jobbers as a general rule ex- press themselves as being pretty well satis- fled, when the condition of the country is taken into consideration. The hardware market is becoming stronger daily under the influence of the coal famine and a growing disinclination on the part of manufacturers to sell their goods below the cost of production. The grocery market is about steady, with no features of any great importance. The fact of the matter is, the past weck has been very uneventful in local business circles owing to the situation in the country being such as to cause all classes of business ,to pause before taking any Important ste There is no disputing the fact that the drouth prevailing over a great portion of the state has caused no little alarm in business circles. The longer the rain holds off the more disposed are the business men to await the outcome before assuming any new obli- gations. Reports from nearly ull sections agree that the corn crop %o far Is uninjured, but that the ground is very dry and rain i badly needed. Untll rain comes country merchants appear to be determined to follow the policy of ordering just as little as pos- sible. A good rain, covering the state, would {do more to improve trade than anything else that could happen. Collections in the country for this season of the year arc very fair, and the same may £ 'be sald of city collections. Retall merchants ‘s a rule aro not granting credit with such “a lavish hand as they were a year or two 2'ago, and are more careful about keeping up {'thefr- own collections. . THE BANK CLEARINGS. . _ The clearings of the national banks of . Omaha foot up in dollars about the same ll a_ week ago, but the decrease as com- re(l with a year ago is much less. Dur- g the past week the decrease as compared With 1503 was 19 per cent, as agalnst 26 per_cent for the previous week. At the ‘'same time there has been a decrease In the __percentage all over the country, and Omaha “does not make as good a comparative show- ing as a week ago. The decrease for.the whole United States was 18 per cent, or 1 ¢ per cent less than the decrease at this city. .. While Omaha has suffered a decrease of 19 per cent, Minneapolis shows a decrease of 1 «'ger cent only, St. Paul 7 per cent, Denver 45 per cent, St. Joseph 20 per c:nt, Sioux “/City 2 per cent. The fact that the percent- age of decrease Is 50 much less than a week ago is due to the fact that a year ago at fthis time the business had already com- « menced to drop appreciably. Thus the total clearings. for the United States last week were §864,566,002, while for the previous week the amoufit was $887,677,573, showing a declded decrease, but af thie same time ‘)i making a better ¢omparative showing with 1@ year ago. 1t business has recovered any from. the depression of last summer the clearings ought, soon to show a galn in- stead of the dncrease that has been marked up against the name of each city for so wlong a time. BANK LOANS AND DISCOUNTS, ! While the comptroller of the currency has Gimot. yet completed the compllation of the re: {turns of the condition of the national banks, ‘the work has progressed far enough to “bring out some interesting facts, Accord- ing to these reports the volume of loans “and discounts of nearly all the leading clties 18 about the same s 1t was four years ago,be- Ifore credit had obtained the extreme ex- ~pansion of 1892, The ‘following, compiied by the Commer- “elal Bulletin, will show the amount of loans “and discounts on the dates indicated at a ‘number of the leading cities, including ., Omaha: § | May il I‘\lny 7 | Moy 231 385,332 s«n 5,697,053 3 12,142/ 147,50 Philadelphia 16| 90,713,578 Chicago .. . Laltimore St Louls.. Plttshurg | « Cineinnatl Cleveland aew Orloaiia, Minneapolis 0 roport| Omaha ... 12,851,283 Kansas ity 20471645 Dotralt o I Washl lln\ak!yn One of the Interesting table s the light it throws on of the cities. Baltimore, accounted one of the four or five leading cities of the country, now ranks sixth, with Cineinnati, Cleveland and St. Louis all close wpon her heels. Pittsburg has stepped up to the fifth rank, after New Yorl, Buston, Philadelphia and Chicago; and Cleveland has advanced from a comparatively minor place o the position of a close competitor of Cin- cinnati and St. Louls. A littlo more growth fn the same relative proportions and Cleve- fand will rank after Pittsburg aml force Baltimore, St. Louls and Cinclonati into minor places. The returns for the banks of the whole country on May 4. 1804, are not yet com- plled, but the fluctuations of loans from the period of expansion in 1593 to thelr contrac- tion during the period of liquidation, and the shrinkage of the specie reserve during the panic, with its recovery since, are fairly Hllustrated by the following fisures for dif- ¢ ferent dates down to February 35 last: _Lonas, I Res Ifl 260, 340] § L1088 G2 of this e growth which used to he pocio m,n._m«l These figures show the usual mminpy 1u~ before crises to expand credits and diminish the reserves. The expansien seems to have reached its limit in Septzmber, 1802, althongh the small contraction from that date to March 6, may have been nothing mora than the usual seturn of money to the banks aftor the swinmer crop movement, The re- duction of the specle reserve from $239,- 000,000 ta 318,000,000, or ahout 3) per cent in & singio vear, Is percoptible enough to Andieate a crisis to the student of the naked fignres, but the fluctuations In the treasury gold and In the legal tender reserve would have to be considered to complite (he sur- vey of the situatio treasury gold fund on Oclober 31, was_§$124,006,119 and it had declined on Augusi 37, 1893, be- fore there had been very considorable pay- ments of gold for current oxpenses, to $96,009,153. 17 the specie func of the banks and the troasury were adled ftogether, the aggregates would be targer, but the pro- portion of loss would be silghily smuller, A® DUN SEES 13, Waslness Exigenclos Wil Seitle the Parity Hetween Gold and Silver. W. M. Roberson, Omaha manager for R. @, Don & Co, speaking of trade, says: “The question of the ratlo hatween gold and silver will soon eliminaie itself from the dlscusston, . snd bunetaliists Wil no longer And IL nocessary o arg 16 to 1 This will como wbhout within five years, and when it somes gold and silvar wiil be interohangeahle. 2na for this country, at Ieast, u blmetallie colnage will be re-catab- Ushed never 1o ve aband ). These idoas are not mtrictly Oflglnai with e, but u converantion with one of cur ieadiag local | to the financiers crystalized them Into prominence and affords the excuse for giving them publication in this weekly review. “The gold ore of the largest gold mine In the world averages $3.60 fo the ton, When the great Homestake strikes $5 and $10 ore the world hears it. In the second reat gold mine the yleld per ton fs very Jttle larger, The cheapening of cost roduction In twenty years is remarkal n other times gold ore which 1 than $5 per ton was scarcely profitabie »w the Homestake works ores as low as per ton. Last year the gold product of America and ‘British Columbin was about $,000,000, This year up to date the pro- t s $2,000,000 ahead of 183 at the same and the development and discovery rely commenced. All along the streams of Idaho and Oregon prospectors are washing out the yellow metal and revival of interest is noted in every gol camp of the mountains. It s not un- reasonable to expect the yleld for 18M to ach $10,000,000, “Hut the activity in gold mining is not confined to America. Australia Is forg ing ahead In a similar manner. Mexico 8 attracting lapge caplial and accompiish: ing large results, Iight years ago the total product of the South African gold flelds was $130,000. Last year it was 20, 000,000, The late war between the English and the Matabele was a gold conquest. The virgin mines of South Africa are said to be in the country of these black sav- ages, and you may expect remarkable re. ports from that reglon. The old fields of South Africa were the worked-out gpines of the Phoenfclans. The new country is virgin sofl for gold hunters. “Gold will_gravitate toward silver. Tne conditions make this inevitable. Demoneti- zation in America and abandonment in India have undoubtedly appreciated gold, but nature will work out and fs working out the problem by the help of man. The man who agrees today to pay debts maturing five years hence {n gold will make money relatively speaking. “Locally, times continue close. Trade s not feeling the effects of striies, arouth and discontent as much as 18 ordinarily experienced because the Hmit of consump- tion had almost reached the mimmum when these elements were cuded to the general chaos of misfortune. 7The out- look for summer trade is anything but encouraging fn general, though lupe 13 still alive and general rains would change the situation materially. In spite of it all Omaha for some rea- son is filling up with people, &nd landioras do not chase tenants with as much vigor as they chaged them two months ago. “The flrst sale of the 'rait Avetton com pany was a success, and commission deal- ers and others interested in thin line are encouraged by the results of the new de- parture, “At South Omaha compla‘nt Is hezrd of the price of cattle. “ne lurge thipper turned his train load cut (o paztiuce be cause he would not lake the market price. The drouth in the west 1s unfavorably affecting the cattle Industry. Neverthe- less, business in Onaha's gicatcst suhurb is, comparatively yrosprous. “The canal enterprise i more prom'sing than ever, and probably next week it will be formulated into a proposition for the consideration of the county commlssion- ers.” SNOW, CHURCH & CO.'S VIEWS, Business Graduanlly Getting on a Firmer Basis and Omaha Dolng Quite Well. Albert Andriano, local superintendent for Snow, Church & Co., mercantile agency, writes: “The dry weather has had a rather de- pressing effect upon business during the week just past, and merchants and farmers are fearful lest it continue long enough to do severe damage to the crops. Vegeta- bles and fruits were almost totally de- stroyed by the frost in_ some sections. There s really little cause for wpprehension regarding the corn crop this early in the season, for even should the growing crop be injured to any extent there is still time for replanting. While business in this sec- tion undoubtedly depends on the crop, and principally upon the corn crop, it may be said that never before was the situation in the country more closely observed, and never before did it have such a decided influence on business as at the present time. Affairs are gradually improving. mean by this that they are gradually as suming a firmer tone, that more coniidence prevails, and that there is less fear of im- pending’ fallure. To say that business his ncreased as compured with the same perlod last year would be folly, but it-certainly is in better condition than’ it has been since the panic. The improvement has been but slight, and it must be sald, unsatisfactory, in fact, there has been no improvement at all in some lines, and well informed men say that business is rather duller than it has been. In other lines, however, there is a decided and marked improvement. In dry goods, for instance, the business of the season has been strung out, as it were, over a longer period than usual. . There has been much hand to mouth buying, but Omaha houses have been successful {n in- creasing the number of thelr customers and the number of their sales to such an extent that the first six months of 1894 will show up well as compared with 1593. The profits may not be quite so large, aid the expense of securing business a liftle more, but the mere fact thut the busineas of the dull months of this year should show up well with the busy months of last year Is certainly encouraging. Hardware men re- port a_falr business, and boot and shoe men did - reasonably well last season Salesmen in the latter line have just started out with their fall samples, and {t is a little too early to predict what thelr business will be. = The manufacturcrs of shirts and overails are well satisfied with business, and some of them are rushed with orders. Grocery men report a fair trade in staples and say they are doing all that they expected at this time. In contrast to this, which refers principally to dealers {n the necessities of life, is the business of those catering to the luxurious, Furniture men handling medium and low grade goods have done a fair business, but those selling high priced and fancy ariicles complain of the duliness of trade. Jewelers say that the past season has been very dull, and the same Is true of kindred lines. “It 18 peculiar to the situation to notice how the slightest change in the weather effects business. The slightest report of dry weather seems to have a depressing effect on business, and rain is almost im. mediately followed by an increase in orders from the country. This is only additional evidence of the fact that everything de- pends upon the corn crop. siness i the cast may continue dull, but a fair crop in Nebraska will make' trade reasonubly Bood here, while a failure of crops in this state will make business poor. whether rs in the east recover or not. 1f, however, we have a good crop here with a revival Of affairs in the cast we may ex- pect fair prices for our produce, and o prosperous season. This about hits off tne tion here and explains the cause of oty regarding the crop. here 18 nothing new in the money market, there being few borrowers and little good paper floated, Coliections are very fair, showing some improvement over last week, The amounts are better and mgre money is coming in. Soveral well known gentlemen who have ly been east come back enihusiastic V' e spects of the DPlatte river canal. The increase in the value of lands the vicinity of the Buffalo water power monstrates the value of the plant and goes to show what would be the result of s sful consummation of the Omaha project. There can be little doubt that this movement has gained many new ad- herents in the last few months, and. if the careful, conservative men of the com- munity, who are Interested In the future of Omaha, can be convinced that tha plan iy feasible. there is every indication that it will be carried to . successful tssne. The frult auction which was recently insagur- ated by commission men {3 a move in th vight direction, and it is to be hoped that it will be sufficlently well patronized to Dbecome @ prosperous factor In that branch of trade.” In th Kingdom, LONDON, May 26.--The er past wook has been more ave b very little dan uld restore their color. whent hardencd on - Amerfean advi bt velapsed and bocama dull and doprase to B down. Htocka are mot torge. but 80,00 quarters are dus to airiv The demand was very poor for parcels nnd there was a small trude I wpot, W Jea yeinter wheat, Juno (el at 2 Plour wis i)l and slow + Ow r e ther, there cline of &1 to 61 Ni 1 Minnesota at Ms 6l o 16 M ¢ woaker, with and dats w Auring the and the crops A warm and the we ¢t o slightly Duluth Geam May 26— \WHEAT—Dull and lower. trading was In July which ope ef than Lust i and, after oused off riet. y %6.~COTTON—Quiet and v; sales, 300 baley; recaipts, 537 bales; ex- foastwise, 917 bal: Fat wules. Moy, #¥ bid G5.8; Auust, Octohor, 82768, 1 4 904593 ' ORLEANS, COMMERCIAL AND FINANCIAL Wheat Was Weak Yestorday and One Cent Lower Tuan Friday. CORN WAS EASY WITH LITTLE DOING Provisions Were Dull Within a Five-Cent Range—Lower Prices for Live Hogs and the Break in Wheat Caused Easiness. CHICAGO, May 26.—Wheat was weak to- day, closing 1c lower than yesterday. Free selling, fine weather, weak cables and lack of outside demand were responsible for the decline. Corn closed %c lower and pro- visions slightly lower all around. Opening trades in wheat showed from %e to Be decline, and, after selling up %e, reacted S4c, advanced from %e to %e, sold oft about %c, became steady and closed easy. The general tone was weak, notwith- standing bad crop news. There was steady liquidation by “longs” on stop loss orders and free selling by prominent local “'bears.” St. Louls, which was credited with covering quite freely a few days since, was supposed to be putting out fresh lines today. Corn was easy within a %c range. The fine weather and the action of wheat were factors in causing more liberal offering. Oats were weaker, but price changes for July were within %c limits. The weakness in wheat and corn, the weather and liberal receipts were the bear Influences. Provisions were dull within a Gc range. Lower prices for live hogs and the break in wheat caused easiness, but the close showed but a slight decline. Compared with last night July pork is 2lc, July lard 2%c and July ribs 6c lower. Vessel rates firmer at 1%c for corn and from 1%c to 1%c for oats to Buffalo and 2%c for corn to Kingston. The leading futures ranged as !olluws. Articles. H Wheat, No. 2 Sept... Pork por bbi Cash quotations were as followa: FLOUR-Winter straights, patents, $2.9015,00; ADInK AAEhG spring batents, $9.1068.50: b WIHEAT spring, spring. nominal; No. 5 Te; No. 3 yellow, 37%e. } Bloi No.“E wiilts, ¥o; No, ‘per bbL, $1L.70@ 565 Short 15416, 1714 ; salted 5.75G6.00; short clear sides "\l\'lllih\—hhllllcn finished goods, Tho following were the receipts ana shipments for today : TAriicicn, per gal., Recelpts, (Shipmonts. 10,0001 28,000 221000, 818,000/ 5,000 26,000 /4o builer mar - i creamery, 14@ Eggs, steudy dnd un- Flour, bbls Wheat, bu. Corn, bu. Oats! bu.. Rye. bu.. Bay by um ‘Wiis stoady aod. unchang i dairy, 1081 iHc, Shinirod: Mirietiy frost NEW YORK GENERAL MARKET. Yesterday's Quotations on Flour, Grain and Provisions, Metals Ete. NEW YORK, May 2.—FLOUR—Receipts, 17 100 bbls.; exports, 11,100 bbls.; sales, 5,300 plgs. nominal in absence of any demand and on decline in wheat; city mill patents, $1.03G4.30 winter patents, $3.23@3.35; city mill clears, $3. @3.60; winter straights, $2.6098.95; Minnesota patents, $3.40@3.85; winter extras, $2.00G2.50; Minnesota balers, $210G240; winter low grades, $L.60@2.03; spring low grades, $LE)@L83; spring extras, $2.80@3.30; southern flour, dull; common to fair extra, $2.00§2.80; good to choico extra, $2.60083.50; rye flour, firm; superfine, $2.50@2.85 fancy, $2.8563.10; buckwheat flour, niminal. BUCKWHEAT—Dull; range, 68a75c. CORN MEAL~Dull; yellow western, $2.60 2.70; brandywine, $2.70. RYE—Nominal; boat loads, 55@s6c. ’ BARLEY—Nominal; Canada, 67 BARLEY MALT—Steady; western, 850; six- rowed, 83 WHEAT 105,600 bu.; exports, 32,200 futures’ and 63,000 bu. 3 red, In store and ele: u : canal . 0. b., afloat, No. 1 nortiie Options declined all_the morning on good crop news, forelkn sell- ing, Berlin and Parls advices and liquidations, July touched the lowest price of record and the Cloxe was weak at_ 1% net decline. Close: une, 5% at G6%e; sed At Gie; August, 6060 1o, * closed 3 9-16c, cloxed at 634c. 7,600 . exports. X fitures and 1 Spot ‘market dull and wenker; No. ¢ in ele Ator; 43¢ afloat; steamer mixed, Options kened by large receipts and sympathy with wheat and closwd at %e net decline: May, closed July, 434ar43%e, closed at 43%e; August, closed ot 4%c; September, closed at Receipt josed ,300 bu.; bu. spot. OATS—Recolpts, 22,800 bu.: exports, 20 bu.; sales, 15,000 bu. futures and 1,000 bu, spot. market Vory dill; No. % 40c; No. 3, 991 white, 44%e: No. 3 white, 43c; track, mix ern, 41Gi2c; track, white ' western, 42T track, white' state, 42iGidic. Options very' dull, with 'a weaker tone at e net decline; May, closed at 3 June, closed at 8§c; July, closed At 373ic; Septomber, 31 HAY-'SH siiipping, $6.00G6.50; cholee, _ §7.0041%.00. 101 E—Steady; tie; Pucific HIDES—Dull a4 New Orleans, lected, 45 to 65 Ibs., 4%@5%e; Toxas scle Bubnos Ayres, dry, 20 to Bood to i so- state, common to choice, wi hemlock sole, Buenos Ayres, JgAL 1 heavy welkhts, 15615 PROVISIONS—Licet, ‘firm; family, $10.50G extrm mess, $5.00008.50% beef hums, $18; elty, extra Mdin mess, $I8.00620,00. Cut meats, pickled bellles,” Bh@ic; plekled sho ckicd han Lard, nomin; . n, closed at 3740, nominal; May, closed at . nominal; July, $7.17, nominal; refined, dull; ntinent, §7.70; 8, AL, $8; compound, GXfr6e. duil and (v new mess, $13.004013.50; 2.000113.00; family, $13.50411 ~Inuotive and oft prime holce western dairy, 912 MBI western factory, .\ T7e; State dairy, 12G18%c; stato creamery, , 8%@l0c; part skims, Pennsylvania. 120 cascs, $2.500.00; %o; nd NY@le; (32 per anited closed city k), B at Washing . 8¢ Washington, in $3.00; §, New' York, $5.15: Philadelphia an Daltimore, $.10; Philadelphia and Baltimore, in bull g6 o NTIN RICE--Steady Jupan, 45@i%e. MOLASSISS--Steady; New Orleans, tle, good to_chalce, 28q38e. PIG_TRON—Duli; ~ Seoteh, fean, $11,00¢213.50, Take, $.25. domestic, §1.20. tes dull; s) ; strained, common to good, $1.26 ~Firm; 30G3lc. domestic, falr to extra, 4@6c; open ket~ $19.50922.50; Amer- “Iter nominal. Generul Markot, 1.0UIS, 20, - FLOUR -Qulet, stead T—Wouk, democalized, %it%e lower: No. 2 red, cash. i May oi July, 824c; Sep: tember, 63%e. CORN W savger May, e, July, OATS-Lower With cauh, ot May. She: 1Y B-—-Nothing du BAILEYEN thing duing, Fast track, 6o b, LAN SEED-31.25, nominal. TIMOTHY 8GRI Unchange F1A Y—Denioialise, priuie (o choice Limarthy, &. UTTRR- Steadior; strict Gl ST. K. 3@ mixed, cash, ber, 30¥ac. her cereats; "No. 2 BRe: August, ke the Juily 150004, 00, wily unchanged; 10.00. 0y ereamery, 18 $515 $1.9372 00, i).13 Unchanged; $io@$1.00. Ao $hidege. vy Quiet it iy deel i, iondard mekw, jobbing. s *Targ, ime clewn, .62 choice, W76 Doy sali longs and ribs, packed_ shoulders, shorts, $1.2 bhls; wheat, looge shouldors, ¥5.75; shorts, S8, . Pagon, ibs, $7.85% TP our, 4 corn, 178,000 bi.; Gita, 45,00 b STTPMINTE-Flour, A0 bhla; wheat, bu, 3 etk 9,00 bu 10,000 4,00 WOOL MARKET, ding at the Londo Wool Sale Showed Unusual Commotion LONDON, May There assortment at the wool auction the bidding was genermy better sorts and rathegy dragging for Kindw, France and Gerimnny. b well, but the home trade was quictcr s was cross breds among the off There 10,504 ba red 3. v»l which LW we'e withdrawn. The are the sales in detall: Sydn, 2,961 1, 7 1o 1s Queenaland, T d to 18 14 an ordinary and the the other folaide, t Good Hop 1n 4d; grea May 20.Wi 5 fl‘rumnnx to st Loeal Produc BUTTER—The market on packing stock is Tooking up a little, which may be due in part to the fact that thero 18 more grass butt and the general quality ix Improve wero womo buyors who talked as high os good grass packing stock nnd as low as hay butter. Good tountry b 18 que ator ereamery at 18@ite remains in the same notch g @ time, 1t gooms ablished for s K to break away price has been @ time that it Is hard w Good st weok marko weak and 1o v been piling In poultry at a r ¢ fmpossible to keep the mar A still maintain pr oIt b &0 at 6e, and roosters at 3GMc. Tho demand for other Jinds of poultry 1 light, thoug A antity s sals cks, T@Tle; hon obblers, 6 is no game coming and none ason. The receipts have been ery large all pretty *w - Wers Buotea e 6070 largely_at 6e. PIGEONS—There 1 a demand for old_plgeons but young birds that aro not strong on the wing are not wanted. Old birds, per doz., $1.30G1.60. VEGETARLES, OLD BEANS—The market is steady. Neither the demand nor supply Is very heavy at tii point. California hand picked navy, 2. western_navy, $LIO@Z00; common white beans, $1.6001.85. ONIONS—New southern onlons are quoted at $ per bbl. Top onlons are plenty at 15@%c on orders. POTATOES—The potato market has heen very weak during the past eight or ten days, but there Is perhaps a little firmer feeling than there was at the commencement of last week. Some pretty good stock has sold on track us low as 5o o peddlers. On Saturday . jobber paid as high ay 80c for a car lot on track. Good stock suitable for shipment s quoted at 85a 9. CABBAGE—The supply of cabbage s light and arrivals are very irregular, to such an ex- tont, In fact, that It I8 RO alwiys an ensy mat- ter fo pick up just what is wanted to fill orders. Good_shipping stock on order y ASPARAGUS—Good home grown stock, 35@10c per doz, onorders. PIF PLANT—Home grown ple plant, 2@2 orders, TOMATORS—There I8 . w In quality, but choice and shipping Stocc 18 worth £1.60 on SN VEGETABLES 4:.\«:0\ 3 10c sales of on nge in prices ally desirable ors, per do cucumbers, beets, per , 3160, ge and it res £ recelvers to x beans, on beans, ¥ bu. with peas at Daskels were per doz t onthe part cleaned up. W 81,25, string quires quite an Keep the mark orders, % bu. basket, Dasket, §1 PEAB—The markef the close of the Wi billed out at $1 CAULIFLOWER—The- market ts supblied with good stovk, On_orders, doz. FRUITS. STRAWBERRIES—Theré were over 750 cases of berries reported In by express, and in uddi- tion to the fresh recelpss. there were a good many holdovers among the off The qual- ity of the_fresh receipts good. The Jefterson City and_St.” Louls stock was' very fine, but Nevada, Mo., sent in some poor stock. Cholce stock on orders, §5.25. CHERRIES—The subjly of cherrles on - the market was liberal. In.addition to.the remnant of the fruit from Friday’s big auction sale there were some fresh receipts by express; good ship- ping stock, $1.25@1.50 GOOSEBERRIES—There was some inauiry for green goosebereios, but ot many in; good stock, per 24 qt. case, $2. TROPICAL FRUITS. BANANAS—It has bean mo easy matter to get bangnas latbly, There live been few sales in Néw Orleany.” A" good deml of the sock shipped to market hns ‘been too green, and ‘it has been imost Impossible In many cases to Ml orders with such stack as was wanted; ood stocl bunch, $2.0082.50. LEMONS—Tliere_have been v real good lemon weather thus fac this season. When warm weather really comes dealers look (o soe a much firmer lemon marke lemons, 300 size, was; overrun ck, and % bu. fairly well $2.25 per GRANGES—WIth the the demand I8 very limi supply on the market California berries, A for oranges, and the 5 small. Mediterranean diings, $3.25. 5, per 1b, 12a@lic. S—Hallowees, 65 1o 70-1b. boxes, per Ib., stc. iNBAPPLES—Chotce, per doz, $2; smal, L5, MISCELLANEOUS. HONEY—California, 15c; dark honey, 12%c. MAPLE SYRUP—Gallon cans, per doz., $12. @) glish walnuts, 100 12c; Drazil nuts, loc. CIDER—Pure juice, per bbl, $6; halt bbl, st 20-1b. pails, 1 green 2%e; No. salted hides, . Gle; No. 1 dry flint No. 1 dry Yac per Ib. halt HIDES—No. 1 green lifdes, salted hides, 3c; No. 2¢; No. 1 véal calf, 3 veal calf, ’8 Ibs. hides, be: No. 3 salted hides, “dc; pi less than fuily curcd, SHERP PELTS—Green salted, each, 25@60c; green salted shearlings (short-wooled early sking), each, S@lic; dry shearlings (short-wooled early sking), No. 1, each, o@ioc; dry shearlings (short wooled early’ sking), No. 2, each, Ge; Kansas and Nebraska butcher wool,” pelts, per 1b.. actual welght, 6@se; dry fiint, Kansas and Nebraska _murrain wool pelts, pér b, actual weight. 4@6e; dey flint, Colorado butcher wool pelts, per Ib, actual weight, 4@Tc; dry flint, Colorado murrain wool pelts, per 1b,~ actual weight, 4@6c. TALLOW AND GREASE-Tallow, No. 1. 44%@ 40; tallow, No. 3, 3%@3%c; grease, white A, iloi greass, wnite’ Bdc; kreass, vellow, fa e, dark, S%c: old buter, 202i4ci beeswax, Drime, 15186 rough tallow, 2G2% Minneapolls Wheat Markot. MINNEAPOLIS, May 26.—The wheat market ranged about e lower than yesterday. Cash_closed nearly o below the previous day, but the average salos were nearly He lower. oipts were larger than usual, amounting to 00 bu.: shipments, 18,000 bu., which would show a small surplus of some 10,000 bu. after re- dueing the amount ground by the mills. The weather conditions were g Iy called’ good for growing crops, with few exceptions, among those boing dry weather in the castern portl of Sonth Dakota. Most of the avallable n came from the crop outlook in North Dal and nearly all portions of Minnesota. The Kot closed: May and Jul Sentomb 53%c._On track: No. 1 hard, ern, Bc; No. 2 northe ceipts of wheat at Mi were 905,000 bu., and at Duluth and 95,000 bu. Reccipts at il winter spring wheat_points were light, with the exception of New York, which received about 100,000 bu. less than Minneapol) Flour was weak and $3.35 to §.00 for patents, bukers, ides, dc; rt cured hides, dry flint, Wi sales slow, qu and §2 to 32 Kansas City Markets. Y. May 26.-WHBAT—lc lower; Gsc; No. £ red, #c; No. 3 red, 3. CORN @, 3 mixed, 3@35%e; No. 2 white, S0RGITHe, = OATS—In good demindg No. 2 mixed, 36%@37¢; No. 2 white, e, Quict; No. 1 hard 16047c;_rejecte No. 2 crgamery, M@lic: dalry, enidyi 0T, oats. non A bu.; corn, SHIIMENTS—Wheat, | 4,000 bu.; oats, none. i Buffalo n Market. M‘nm'um) May % \\3141 AT—Dull; No. 2 red, CONN--] ellow, Ch.fll\c 43%c: No. 2 corn, 41%cy Ne. 3 corn, u.\'m llnrhl lemand ; No 1 whit white, 41hc; No. 3 white, 48c; No. @, v 1,00 bu.; corn, none; No. 3 yellow, 4o 41%e; No. 2 2 mixed, 39 Pooria Graip Market, PRORIA, May 2. '(Ii(N Market and easier: No. 2, 36%0; N SR Ninrker pules i oualor; No. 3 white, 35% @36 No. 3 whits, $5%@a0 RYE-Market dull; nomjnal. WIISKY—Market firm,” high wine basis, u 15 *Frisco Whent Market. SAN FRANCISCO, May 2. ~WHEAT—Qulet; December, $1.02% wellors, 92%e. autl STOUKS AND BONDS. Speculation Was Unsottled aud Irregular During Today's Session. NEW YORK, May 26.—The speculation was unrettled and frregular for the two hours during which the Stock exchange was open today, A fairly good business was done which was pretty generally divided between the two accounts, for trausactions are in the main purchases to cover short contracts and sales to realize profits. Very few fresh lines were put out on either side London was not in the market to any ux tent and the weakness for American securl- ties on the London sxchange had a depross ing Influonce on the arbitrage shares hare Sugar led In the deull fuctuit ing within a range of 2 por cent. There was Ppressure to sell the sicck at the opening 59, l I which eaused a break of 1% per cent, but supporting orders coming In caused a prompt and complete recovery. A renewal of the selling movement, however, resulted in a steady decline until a loss of 2 per cont had been experfenced, which was fol- lowed by a recovery of %c, the last sale bo- ing made at a decline of 1%c on the day Announcements made on good authority both here and in London that the next dividend in New York Central, due in June, would be declared at the regular rate, caused the shorts to cover hastily in the early dealings and caused an advance of 24 per cent, When the demand from this quarter was supplied the stock sagged off to the close, making a loss of 1% per cent from the top price. The grangers were strong during the first hour and rose @1 per cent, the latter Rock Island, but in the later trading declined %4 @% per cent, After an irregular opening, the general market became strong and the trend of prices was upward till nearly 11 o'clock, when the upward movement was cbecked During the next hour the speculation was rather feverish and unsettled, but in tho final dealings recovered Its tone and closed fairly steady. The railway and miscel laneous bond market was strong throughout the day. The Post says: The market was rather tree from sharp work which has character- ized the week. The standard stocks were notably strong at the start, reflecting doubt- less the somewhat more reassuring move- ment of foreign exchange. The closing prices showed fairly uniform improvement. The following are the closing quotations on the leading stocks of the New York ex- change today. Atchison.... .. Adama 1Y Alton 30 do 130 Nnrnu\v-nlur Am. hxpn‘lu. 1 do pfd. lLlIlII"vvl N. ¥ Central Centra Chos. & Ohlo. Chicago Alton CoB&Q. .o Clileago ‘Gas. (‘unuundu«mus C.C.C. &St L Colo. Cor Cotton Ol Cert. Dal. Hudsou, . |oregon Nav %0, 8. L. & U, 139 | Pacitic Maii. 78 [P.D.& E. | Pittahurg. 134%| Pullman 1 #7 | Reading... 10 ° Richmoud Term 20| o pfd 130% R, G. W Del. Lack. & W. R G W. pid D. & R G. ptd.. Rock {siand F. C St. Paul St Paul pfd. ! St. P. & Omai: do- ptd.... Southern Pac. ... Sugar Refinory... Conn. Coal & Tron as Pacific. 0. Cont. pfd Union Pacific U.'S, Expross. .. W. St L. & P do ‘prd 131ty | Wells Fario Bx. 8754 | Western Unlon. W.&L E.... él do pfa .00 (&St L R. G SR e do pid ort Wayne Northern pfd.. S K. & T.pfd.. Lako Erio & W. 1 Trust Louiaviile. attan Con. Memphis & O Micligan Cent. o, P Mobile National Cord do pfd N. J. Cenlra N &W. pld North Am. C 1081 T K. L 20| do pfd ... 3! T American Sugar, 00; today were 105,013 27,500; Distilll Cattlefecding, sourl Pacific, York Centrai, Pacllic_pref nd, 2,000; NEW YORK, May 2. ON CALL— Closed easy at 1 per_cent’ last loan, 1 per cent. PRIME MERCANTILE PAPER-20@4% per EXCHANGE—Dull, with actual bills at $4.58% for dema sixty days. Posted rates, $4.88 .00 Y SILVER GOVERNM Inactive. The closing quotations on bonds: U8 BaroR. 117348, L. &S.F.Gon. 3 Gecoup..... 1173(|St. P Consols..... 49 reg . 1134 L P. C. & P. 1513, 48 coup. 1133¢| TP.L. G. Tr. Rets 98 | T.P.K. G, Tr. Rets 103 |Union P 001 Weat Shoro. 100 IR, G. W. 1ats. Joulatoniaon 4 U Piteifi Lousiana stpd 14, | new sot 39, Canada So. 2uds.. Beie otae i M. K. &T. Gon. 08 M. K. & T\ Gen 58 Mutual Union 03 odeferred... N.J.C C. nonfund 10, Class A Boston Stock Quotations. BOSTON. May 20.—Call loans. 1%4@2 por cent: tmo loans. 2l@3k per cont. Closing pricos tor stocks, bonds and mining sharos: AT &S F... STA[Weatingh, 1 An.'Sugar. 1003 | W. Elec. 3 O1ig|Wis. Central Bay Stato Gas...... 73{|Atchison 2ds. Boh Tolephons.. 101" | Atenison 19, Boston & Alb 200 |New Englan Boston & Main 3 |Gen. Blectric 55, 78 |Wis. Cent. 1st3., 853 Allouez Mining G0, 48[ Atland % 71% Boaton 4 Butie & Doston. |Calitmet & Hoel 4| Contonn Si)fill-‘r.'mkllm |Kearsago | 131 | Oncoot Rubber. San Diego .. Union Paclfic. West Eud..... Wost Bnd ufd.. San Franclsco Mining Quotations. SAN FRANCISCO, May 20.~The official closing ations for mining stoui i 28 R D) Bost & Boicher.... 165 Bodie Con 143 |Ophir’ Bulwer..... ..., 10 |Potosi ! Clhiol: U5 NGO TiL 1. Oal. & Va. 010 Sierra Novadn Crown Point...... 110 | Taton Con Bureks Con.. 25 | Utah. Gould & Curry.... | Yellow i 09 185 a4 . 800 [Hale & Norcross. Telehe | Moxls 100 London Stock Markor, LONDON, May 20.-2 p. m. closing: [GKiean oriin: St Paul cou, 1ol Coniral.. . “BAR SILVER - MONEY-—1is b t. The rate of discount in the open m shiort and three months’ bill Now York Mining Quotations. NEW YORK, Muy The followinz are the closing mining quotations: Oholor. . [ Orown Point. .11 80 |Sierra Nov; Son. Cal. & Va... . 650 [Standard. . D © 780 |Union con Gonld & Curry. 05 | Yellow Ja ¥ B31a o, e 1 per ounce. kot fo¢ both 13 17§ por cont, Plymouti. 60 (Tron Silver. . 1200 |Quicksilve; 105 | “do preferred. . 750 |Bulwer. Chicago Stook Quotations. I0AGO, May 20.-Stocks lower. Closing ity Rallway 10 Alloy L. Like & Diamond M; ‘cme'uxum. Ry 144 Chicago St RY.. 240 . BOM 57,860, cent rentes, 100t 10¢ for the account. LONDON, May 2.—The amount of bulion gone into the llank of kngland on balance today, £291,00). SAN FRANCISCO, May #0.-Drafts, sight, 10¢; 62RO Mexican dollars, 52k, BOSTON. May #.-Cloaringn. § 697, Mor the weelk, §1 220,901; bal- 28,02 bl May For 2. —Cleas the week, Ings, $2.502,343; 313,112,300; Dal- ances, §2 MEMPHI Now York exchun; Ing at $1 Ly 3160 promivm, - Clearingy, LHIA sl 392,912 Moy 2. —Clonrings, $9,449, - 2; for the week, 30,438,045 New York $1,853.450 s, $11,576,000, i correwponding week Iast | Fureign exchangs, dull and KT 594 AMoney, change, for " the CINNCINATI, v 20, 2,75 per cent. rings, waoel, $11,709.430; week tast yeur CHICAGO, the weels, For premium, stendy, 46 par ST LOULS, May 26 —Clearings, $.088,220; week, $19,695,991; corresponding vee 98007 Lat week, 45555, 44) 3% thin wee fust year 252 41; duli, 587 per cent premium b NEW YORK, May 2 batances, $.60009). Fo Balances, ¥3,381.55. o iniports of spe the week ware §30, 138, of which §77,068 And 9,30 silvar, Vi exports of specie fur wauk Amounted 1o M.44,305 gold and 3915815 Yor. The Imports of General merchaindis. the wowk were ,07,08; diy goods, 3,006,430, this Last weak, $3,700,90, Exchange on New York, Clearings, §73,601.508; he weak, $161.42, okl the - for OMAHA LIVE STOCK MARKETS Receipts for the Week Oonsiderably Ahead of Last Week and Last Year, PRICES IN CATTLE REMAIN STEADY Handy Beoves Soll at the Top Hold Firm-Hogs Active, Lower Under Pressuro of Bad Weather. 1 Heavies but SATURDAY, May 26. Recelpts of all kinds of stock show a sub- stantial increase over last week and the cor- responding week ona and two years ago. The figures are as follows: Cattle. Hogs, Sheo| o4 49,308 5,360 Recelpts this week.... | LM6 48T ol | i5 | Receipts Iast week. Same week last year.. 1700 290070 2 Same woeek 1892, 3482 36,030 There have been no very violent fluctua- | tions in the cattle market the past week. During the first three days prices dropped | gradially under the influence of unusually | heavy recelpts. Wednesday's market was to 20¢ lower than the close of last week. Since then, however, prices have firmed up on account of reduced supplies and the de- cline of the early part of the week was e tirely regained. On the whole, however, prices have ruled lower than for the previous week and general conditions are about as unfayorable as they have been at any time. The market across the water is In bad shape, and strikes, lockouts and numberless in- dustrial troubles have demoralized business at home, seriously reducing the consumption of meat. The dressed meat men have thoir coolers full and find it difficult to secure a market for their product, while shippers and exporters are naturally doing very iittle. VERY FAIR SATURDAY TRADE. The market today was very nearly steady. Receipts were fair and the quality was abont up to the average. Dressed beef men were wanting some cattle, but outside buyers were indifferent and in many cases bearish. The handy fat grades of steers moved readily at about Friday's figures, while the usual dis- crimination on the part of buyers against heavy cattle made it difficult to work oft anything welghing over 1,200 Ibs., unless it was good, at rather shaded prices. There was nothing in the situation to induce sell-rs to hold on and a very fair clearance was effected before noon. The cow market has boen monotonously steady all week. Offer- ings have been comparatively limited and good fat stock has commanded strong prices, while the common and canning grades have ruled slow and weak. Today’s supply was rather larger proportionately than usual and the spread in values was widened, the best grades selling stronger up to $3.85 and com- moner and canning grades weaker down to §1.25. Veal calves sold at steady to stronger prices and heavy calyes and yearlings ruled slow and casier. Bulls, oxen and stags were in very fair demand at just about steady price: Dry weather has demoralized the feeder trade, increasing the suppiy and at the same time reducing the demand. Supplies have 207 | § been accumulating in the yards in specu- lators’ hands and prices have suffered a decline of anywhere from 30c to 60c. In fact it is hard to find a buyer at any price. This decline has placed feeders more in line with the way fat cattle are selling, but this fact affords little inducement to feeders whoso pastures are dried up or drying up fast. A good rain would help this branch of the business amazingly. Good to choice feeders are quoted at $3.00@3.30, fair to good at $2.75@3.00, and the commoner grades at from $2.75 down. REPRESENTATIVE SALES: ED BEEF. Av. 25 Av, 5 §3 80 380 380 3 S338RESssHRERRRESSAT No. 18....1 FURSSEITY 22.071264 STHONT ) 1.0 10080 12011060 24.0001167 401011160 210001193 18.001188 18,0019 e ‘1210 1861 20...13m z 21,0012 01 380 40,1347 AND EXPORT. PPING S8 SSHESSHRRTIRIZRZR T e e MIXED. 034 370 T4....1001 A8BEER BE 2 cows, [P S238888E3ARSEBTEER sssssszasa sz Q 8sE SERESERK CALVES. 13 EBEKES ST SRS EEEL b4 T csessasnad is.' 8 gosERUES8 £8883R & 233&d ¥ T SEESEBUERE COLORADO CATYTLE, . Av. Pr. No. 48 cows....... B35 2 heifers.... LIBERAL SUPPLY OF HOC The arrivals of hogs for the past week have been on an unusually liberal scale, hibiting a marked increase over thiy time last year of nearly 100 por cent. Tha quality has been generaily good, with the averuge welght somewhat lighter than recently, The week's supply runs pretty close to 60,000 head, the heaviest week's run In over a year. Naturally, with such excessive re- celpts, prices have ruled lower, although there has been a good general demand right along. The consumptive demand, however, owing to dull times and the hot weathel has not Improved any, and so it hos he comparatively easy matter for packers force lower prices. All classes of buyers are still_exhiblting a preference for butcher welght and heavy grades, but not cnough to ause much of a range of values, the spread scarcely ever exceeding je or 10¢. During the first halt of tho week pricos went off 10¢ to but later part of this was regained on more favorable news from Chicago, and today's decline puts prices back Ge to 100 under last Saturday's quotations, a compar- atively insignificant decline in view of the excessive supply. Rocelpts today were the heaviest since April 12, when, by a colneldence, axactly the sama number were recelved as were here today. A bearish feeling prevailed, and sell- ers were all preparcd for lowor pric There was not a very vigorous shipping and speculative demand, but local packers were ready to buy freely ut a 10a decline. Fair to good hogs, regardless of weight largely at $4.00, with some of the butclior welght and heavy loads at $1.65 and A $4.70 top, and poor, light, mixed stuff a $4.50 and $4.55. Tho closo was weak, but the pens were cleared n preity good season On Friday most of the hogs brought $4.70, and on last Saturday the bulk of the lrndln. was at $4.65 and $4.70. REPRESENTATIVE SALES, Pr Av .28 7 m M s 2222328 2282828 8g2238ge2222 3. gagass pEFEEa “ ) 160 120 i 20 20 160 160 80 10 0 160 SHEEP TRAL There was not by any means a heavy run of sheep today, but there were apparently more than the trade wanted. Supplies have been liberal all week both here and elses where, and prices have gradually declined, the drop for the week amounting to 15@25c, The demand today was of the most indiffers ent character, and the trade quotably dull at the above decline. Fair to good natives are quotable at $3.50@1.40; fair to good wests erns, $3.20@4.30; common and stock shee 2.50@3.25; good to choice 40 to 100-1b. lambs at $3.60@4.65. Representative sales No. Wt 101 WeBLOrT OWOR. c.evvrieerrresensess OO i P S TR 2AARABRBRATTERABREZ2R2AT2AD. pr. 3 68 Recelpts and Disposition of Stock. OMetal rocorpts and disposition of stk 43 wnown by the booka of tho Unfon S03X YArls €0 noany for the twenty-four hours enaing at o 0'clock . w y May 26, 169 Head, 28 CATTLE. 11 238 nd company. . 1.105 The Cuduby Packing Co... 871 John P. § Cudahy Bre A.Y HOGS. [SHEEP, Shippe Leftover: Totals. CHICAGO LIVE STOCK There Was Nothing in Sight to Attract Prominent Buyers Yosterday. CHICAGO, May 26.—Only ' handful of fresh arrivals came today. The good cattle were all bought up on Friday, and there was nothing at hand to attract the prominent buyers. A few scattering lots of falr steers and cows and mtxed stock were sold to local butchers, steers largely at from $3.50 to $3.90, and cows at from $2.95 ta $3.70, These prices were considered about steady With the values of the day before. ‘The supply was disposed of in good season, and the yardg are practically cleared for Monday's run, whic i estimated by chietly *arour 0 head. ‘Three exis cattle werd on sale today, Kood 11001, stecrs, but up’ to et onty e 10ad Wd Todnd sale RE $150 With 6,000 more hogs than ariived on tho cloge day last week, wtale stock to swell the o meurly 19,000 head, this market rul slugsish and wenk at from Ge to 10 decl from 1riday's values, The early trade was ver; slow at the decline, but shippers were in noo : It the fresh arrivals, and lat was modertac buying by all market was barely 100 of fancy 212-1b." ho $18 wis reached in bul few, bulle of the good to choles Ho $47 1o $1.80, and, of course, el ol ‘at ffom 8450 to eud wore left in thé pens pickers and shippers 1. Mondiy's res ) head. dealers. lower. at §1.90, but the at from rough and plain 2,000 slie € of the arrivals were of de and the market had good tone to. it prices wero' readly p fon sheep, and lambs sold quickly 10¢ uds vance. The pens were cleared in an hour, th market cloging firm ut prices well up to the bea of the week. Thin, 5-ib. shorn natives sold ag §2.25, a hunch of 170 fal¢ 65-b. Texas wheep at and a double dock of cholce . Nes mutions at $1.40. A band of #L .wa wooled Mexican yeariings sold and 21 choice 86 1b. Mexiean yeurlings yearlings are quotable at from $1. God 60 (o 00-1b. spring Jambs = 160 head; riday’ fat mits elptu: Catlle, 500 16,000 hiewd ; Vening Journal Li—Reccipts, as; market dull, nutly Tox 1101 lower; cars me to extra 52907041 bt st #050; medium, 100 hewd; ket 5100 e okt e SE0GL6 1001 80; peime Mo, and " st o 1v; " amsorted " ghts AND LAMDS-Recoints, 1,600 head; market steady; top sheep, $1.00G475; tup lambs, $.50%5.50. i Kausas Clty Live Stook Market, KANSAS CITY, May 20.—CAT Recolpt LG heid: shipmonts, 700 hend; market sieady) o $3.600 Texas cows, 32,005k i nativo cows. §1.90 3,40 o ders, $2.7562.85; buils, §2. @3. HOGS—TRecelpts, 5,500 head; shipments, 300 head; market bulk, _$1.054,6 Reavies, $0007170: mixed, Yorkers, $5.5504.60] 1100 Ttcoelpts, good ol :puckers, $1.4064.60; 100 Hiights, 1.5 Teceipts, ket sto: head; shipments, 3 ive Stock Market. Crry HOGH-—IRecoipts, 2. youtordiy, ) o inipmene’ iR vet xtiong Tower av $h50a4.60] 139114 ipts, 100 head: yosterdny, 181 R Apicnta, 48 Lewd, market fla dvis, 3.50; cows, §1.256H00F Stoux Clty S101 Iead; Veads ik, yearli 2. 03,00, 8t. Louls Lave Stock Murkot., ST, LOUIS. M CATTLE -To Neadi shipiients, %00 head: Maiket yewtirday's pri HOGE: Roce head. Market eister, 5100 0064 75; Kood heavy, 3 KIIIP - DRecelpta. T Whipments, Market stzudy, without chunge. 3,200 head; shipm 20 fower; good light, 0 head, Stock in Sight. elpta ot live stoek at the four Muy 26, 1304 tln. Recomd of o JoLDL Yirds (0F Satunday. South Omal CleaKO. v Kaunas Ciiy. St Louts.. Totals, ... 4,040 Toledo Grain Market. May 20, ~WIHAT—Quiet; S3e; July, Shlae; Auguat, TOLEDO, L M i No. Steady; No. 2 2 cash, 38¢; Jul mixed,” 36¢; N 19, Lower, asy; cuah, SLOVIER *BEE Oclaber, #.70, dull; prime cashy, ‘WM, LOUDON, Commigsion Merchant CGRAIN AND PROVISIONS. New York. ourd ate wires to Chicago und s orders placed un Chicage 4 ted. c f New York Life Bulld Telepovns 1306 i