Omaha Daily Bee Newspaper, May 9, 1909, Page 33

THE OMAHA SUNDAY BEE: MAY 9 GRAIN AND PRODUCE MARKET Lower Cables Make Crowd Bearish | and Wheat Values Fall. REPORTS OF RAIN EFFECTIVE OMAHA, May 8, 1808, Lower cables turned the crowd bearish and wheat values were hammered down. Reports of much needed rains in the south- and clearing weather In the north od weak holders L0 get out of these Corn held steadier trading and no off @ shade under ow the last of the light Wheat broke quickly on_lower cables and ports, rain being re clearing and warmer han wheat on higher Cash _corn sold Receipts continue after the opening be! weather re- ted in the south and in the northwest. 8olling pressure was heavy and eased val- | ues during the whole session. May whea opened at $1.28% and closed at §1.28% Corn opened steaay and proved weaker, lightly due to the weakness in wheat Receipts were light and offerings spare and firmed prices at the close, which was steady at yesterday's close. May corn opened at 70ic and closed at Wi Brimary wheat receipts _were 178,000 hushels and shipments were 201,000 bushels, against recelpts last year of 313,000 bushels shipments of 324,000 bushels. Corn receipts were 277,000 bushels and shipments were 334,00 bushels, against re- ceipts last year of %2000 bushels and ship- ments of 472,00 bushels. Clearances were 2,000 none of oats and whes 148,207 bushels. Liverpool closed %4d higher to 1%d lower on wheat and Jgd higher on corn Local range of options: bushels of corn, and flour equal to Artloles.| Open. | High.| Low. | Close.| Yes'y Wheat- May July corn— "'} May...| Tuly Sept L2 Oas May...| 554 Sept..| 1%y 128% 111% By ' Omaha Cash Prices. WHEAT—No. hard, $1.28@1.30; hard, $1.26@1.28; No. 4 hard, $118@1.23; 8 apring, $1.36@1.3 CORN—No. 3 ®15@69%c; No. 3 yellow, 0%@71c; No. 3 white, i0%c. OATS-No. 3 mixed, bia@iic; low, b#ac; No. 3 white, 5 white, 64@ilgc: standard, RYE—No. 2 0. 3, Lot Receln Wheat. Corn. Oats, Chicago 1 n1 148 Minneapolis 101 Omata 2 Dulutn No. Car 6 “ 1" CHICAGO GRAIN AND PROVISIONS Features of the T Prices CHICAGO, ) Board of Trade ding and Cloi on Board of Trade. y 8.—Wheat prices on the lumped violently today on selling, based on reports of rain in Kansas and on a break of 2 at Liverpool, I'he market was weak all day and closed at_net declines of 114@3c, compared with vesterday's final figures. Corn, oats and slons also closed woak. Traders in the wheat pit appeared very much at sea and as a consequence the voi- ume of trade was not so large as on the previous session. The feature of trade was the heavy selling premsure to which the July delivery was subjected and the rel- ative weakness of that month compared with the more distant options. At the low point today the July delivery was 3%c be- low the high price of the preceding ses- sion, while the ~more de: options showed a loss of less than dc. The mar- ket opened extremely weak at losses of lgc {0 2%@B4e, with July at $L16@L16 and Sep- tember at’ $1.06%@1.07. There was consid- erable buying of the deferred futures by northwestern interests, which tended to check any further decline in those months, but the July delivery was in poor demand and sold off more than ic below the open- ing low point, the bottom being reached at $I.04, Septem held within the opening range throughout the entire day. The mar- ket “closed weak, with July at $L.144@ 1.14% and September at $1.06%. Final quo- tations on December were at $1.063%@1.05% The corn market was weak ail day be cause of heavy selling pressure, based on a poor shipping demand and on prospects a liberal increase in_the movement dur g the coming week. Some of the leading ngs In the wheat market were the prin- clpal sellers of corn. The nearby deliv crles displayed t(he greatest weakness. At the prices were ‘ac 1o T@lc below esterday’s final figures, May being at and July at 814650 Improved weather conditions for crop prompted liberal se oats, 1 the slump in ree profit-taking The result was a weak market all The close was only a trifle above the point at net declines of %@%c o %e, with May at 58%c and July at blic. The weakness of corn led to considerable speculative selling of provisions, particu- larly of lard, which resulted in a heavy tone all day. At the close prices were 5@ e o 124 lower than the previous fin- the new of September wheat and corn in the May op- The leading futures ranged as follows Articles | Oper.| High.| Low. | Close “Wheat May July Sapt Dec. “Corn May Tuly Sept Dec. *Oats May July " 013 [s11aty Sept. |44 @y Dec. | 43| Pork— | | May |17 July | 18 073! 18 Sept. | 1805 |18 Lard— | | May |03 |10 July | 10 47%/ 10 Sept. [1060 |10 % 106 Ribs | | May | 990 | I July | 99 | 94 4 0 | 996 Sept. | 10 0285 10 il 10 06 *No. 2 Cash_quotations were as follows: FLOUR—Firm; winter patents, $6.30@ 6.00; winter straights, $.500%.); spring pa ents, $5.80@6.10; straights, $1.706.90, bakers, $3.4065.00. ) RYE—No. 2, Si@séc. BARLEY—Feed or mixing, to_cholce malting, 69%4T0c SEEDS—Flax. No. 1 southwestern, $1.58%; No. 1 northwestern, $1.68%. Timothy, $3.80. Clover, $9.60. PROVISIONS—Mess pork @7T%. Lard > The., 31084 Short Hie sldes (loose), $9.87h@10.00. Short clear sides (boxed), $10.00410.25 Total ‘clearunces of wheat and flour were equal to 148000 bu. Primary receipts were 18000 bu., compared with 813,000 bu. the corresponding day a year ago. Estimated recelpts Monday: Wheat, cars; corn, 143 cars; 169 cars Philadelp PHILADBLPHIA, Weak, 1o lower Me; extra nearby BGGS-—Steady nearby firsts, ec and other nearby current able cases, Z%c at mark; froe cases, o at mirk recelpts, free cases, ZGi2ic at mark CHBESE—Firm; Now York full creams, cholce, 15%@16c; falr to good, 144@loic Liverpool Grain Market. LIVERPOOL, May § red western winter, 1 0 | 1810 | 3 1040 3734 10 50 68@®ige; fair oats, Produce Market. May S-BUTTER extra western creamery, prints, Pennsylvania at mark; an Penn: receipts western nominal; futures ir regular; May, S 4d; July, 9 %d; Septem- ber, Ss CORN pot strong: new mixed, via Galveston, fs 44d May, nominal; July, 5s 5id Duluth G DULUTH, = Minn., Moy, $1L36%; July, $1.083; No. 1 northern, northern, $1.24%. OATS—55%e. Minneapolis G MINNEAPOLIS oy, $1.26%; July tember, $1.08%. Market. May 8- WHEAT - $1.29%; September, $1.26%; No. in Market. FMay S - WHEAT $1.25% @1 Sep Cashi No. 1 hard, $1.30 18 1234 { er bbl., $17.85 other vania return- firsts, western current WHEAT-8pot, No. American futures quiet; @1.30%; No. 1 northern, $1 No. 2 northern, $1.26%@1.27%; northern, $1.24% @1.25% 3 BRAN-—In bulk, $24.00@24.50 FLOUR—First_patents, $6.10@86.30 ond patents, $5.0066 first clea $4.86 6,00, i $5.30@3.90 NEW $129@1.29 Ya; No. YURK GENERAL MARKET Quotations of the Day Commodities, NEW YORK, May 8—FLOUR—Receipts 18,300 bbis.; exports, 6500 bbls. Market duli and unsettled; Minnesota patents, $5.20G 6.00; winter stralghts, $%.0Gu%; Minnesota bakers, $4.8006.30; winter extras, $.46G6. winter tents,” $6.0006.40, winter o es, W.36@6.00;, Kansas straights, $.50 Hye flour, quiet; falr to good, #.45g chofce to fancy, M.i0@4.8 CORNMEAL~Firm; fine white and yel low, $1.65@1.70; coarse, $1.5071.5; kiln dried, $3.T8@8.56 RYE—No. 2 t b. New York BARLEY—Steady; . New York; feed! York. WHEAT, 2,600 bu. on Varl western, Mi4c, nominal @S, 7 4 e, | New maltin 8, D@16 Receipts, 15000 Market_steady; No. 2 red, $1.43%@ 145, elevator, $1.50, nominal, f. 0. b. afloat; No. 1 northern. Duluth, 81.4%, f. o b afloat; No, 2 hard winter, $1.3%. May closed at $1.%; July, $1.20%@1 closed $1.20%; September closed at $1.13%. CORN—Spot, steady; No. 3, sie vator, and 8ic, f. o. b. afloat; No. 2 83, and No. I yellow, Sc, f." 0. b. Options were without transactions, ing 4c net lower. May olosed at July at 78%c and September at 75%c. OATS—Receipts, 15,780 bu. Spol market steady; natural white, 26 to & Ibs., 6@ 63ige; clipped white, 3 to 42 Ibe., 61087c HAY-Steady; No. 3 6s@0c; good cholco, 79090 HOPS—Steady; 1907, Pacifie coast, 1908, 8qpiic; 1907, dasc HIDES-Firm; Bogota, M4@21%c; Central America, 3ic. LEATHER - 8teady gty PROVIBIONS—Beef family, $14.00 @14.%; beef ham 00; city extra India mess, $21.50722.00. Cut meats, steady pickled bellies, $11.00; pickled Lard, casy; western, $10.00G10.10; steady; continent, $11.10; South $11.80; compound, $7.12%. ~Pork, flrm; fan ily, $19.00@20.00; ' short clear, $19.50@21.50; mess, $18.50@19.00. TALLOW-—Quiet; RICE—Domestic, Japan, nominal BUTTER—Weak; creamery specials, 274@28c; officlal price, Zihe; extras, Zc; third o first, 3@ state dairy, commion to finest, 1@26c CHEESE-Fasy; unchanged; receipts, 1,122 Ibs.; weekly exports, 410 boxes. BGGS—Steady; rocelpts, 22,616 cases; state, Pennsylvania and nearby fancy, selected white, 24@24%c; tair to choice, 23@23%c: brown and mixed, fancy, 3@2%c; fair to chofce, 2q2e. stead chickens, dressed, POULTRY -- Alive, 3 17@ ”‘% , 12%0; fowls, 15%@16%c brollers, fowls, OMAHA GENERAL MARKET. bu.; exports, ele white, afloat clos- 82%c, to 2@ée; city, 8%e. fair’ to extra, 3@6%c; receipts, 6,83 Ibs.; steady; chicke e and Fancy Produce Prices Fur- nished by Buyers and Wholesalers. BUTTER—Creamery, No. 1, delivered to the retail trade in 1-1b. cartons, 28¢; No. 1 In 60-1b. tubs, 27%c; No. 2, in 1-1b. cartons, 1n 0-1b. tubs, Mue; packing stock, 19¢; cy dalry, 18@20c; common roll, fresh made, arket chang: every Tuesday. BGGS—Fresh selling stock, candled, k. No storage stock In Omaha market. CHEESE—Finest Wisconsin full cream, twins, loc; young Americas, 4 in hoop, 15%c; favorite, 8§ In hoop, 16c; daisies, 20 in hoop, 15%c; cream brick, full case, 15c; block Swiss, 16c: full cream limburger, 16c. POULTRY—Brollers, 3c; alive, springs 13%c; hens, 12c; cocks, 6c; ducks, 1lc; geese, 10c; turkeys, 19c; plgeons, per doz 5 guinea fowls, per doz., $2.50; squabs, per doz., $2. Dressed hens, \lc; springs, 12@19%¢c; cocks, 6c; ducks, lic; geese, llc; turkeys, 2lc. FISH—Fresh caught; dressed: Halibut, sc; buffalo, 9; trout, 12c; bullheads, lc; catfish, 17c; crappies, sunfish, 6c to 9c; black bass, 6c; white- fish, 13¢; pike, l3c; salmon, idc; pickerel, 10c; frog legs, %c. Fresh fromen: White- fish, No. 1, 10c; round, Sc; plokerel, dressed and headless, 7c; round, 6c; pike, dressed, 10c; round, 9c; red snapper, 12c; Spanish mackerel, 18c; native mackers], ¢ each. 3, Blge. 0350, almost all are Ribs—No. 1, 176; No. 2, 150; No. No. 1, 18¢; No. 2, 13%c: No. 3, 1 ; No. 3, 6o, i, Tige; No.'2, # No. 2, 8%c; No. 3, Se Plate—No. No. 2, 3%c; No. 3, be. FRESH FRUITS—Apples, western box apples, $2.00g2.50. Bananas, 5-bunch lots, %o per 1b. Oranges, $2.85@8.2%. Lemons, $3.50 @4.00. Grape fruit, $4.50. Grapes, Malagas, $7.3 per keg. Florida pineappies, per crate, $.00. VEGBTABLES—Kansas $2.7 per bbl. California e smaller, 60c. New York bage, 44¢c per 1b. Wisconsin Red onions, 2c per Ib. California caulifiower, $2.00 per crate. Tomatoes, Florida, 6-basket crate, $3.00; Cuba, 6-basket crate, $3.00, Lettuce, per doz., 4#c. Old vegetables, par- snips, turnips, carrots, $2.25 per bbl. Flor- ida new beet rrots, parsnips, turnips ete., per doz. 7 STRA WBERRIES-—$3.00G6.%. HIDES—No. 1 green, 8c; No. weel potatoes, lry, large, Sie: Holland_seed cab: 1 cured, % WEATHER IN THE GRAIN BELT Fair and Continued Cool for Sunday, . Says the Prophet. OMAHA, May 8. 1909, Increasing cloudiness is shown through- out the central valleys and mountaln dis trict, and light snow {s falling in Wyoming, and light rains in the extreme upper and lower Missouri valley. The wenather is generally fair in the east and south. It is warmer this morning In the southwest throughout the lower Missourl, upper Mis sissippi and Ohio valleys and lake reglons An area of high pressure, accompanled by colder weather, Is moving down from the northwest, and the weather will be colder in this vieinity tonight and continued cool Sunday, with continued fair tonight and probably Sunday. Killing frost occurred last night in Montana and lighter were_general throughout Idaho, and Washington. Record of te 1908 temp 54 40 0 the last thre ipitation 0 .00 .00 .00 mal temperature for today, 60 degrees Deficlency In prec.pitation since March i, 3.31 inches. Dericienc 2.8 inches. Jeficlency correspondin i 7, P o 2 & perfod in 17, L. A. WELSH. Local Forecaste: Kansas City G perature t) years and correspons recipitation ng day of 1500 1907, 1905, Minimur rature corresponding perfod in 1908, ain and Provisio IKANSAS CITY, Mo, May 8.—WHEA Unchanged to lc'lower; No. & hard, $1.3@ No. 3 hard, $1.3291.40; No. 2 red, $1.4@ No. 3 rea,’ $1.4201.60 CORN-34@1c_lower; No. 2 mixed No. 3 mixed, T¥%c; No. 2 white, 73%¢; white, 73c. OATS—Unohanged; No. 0. 2 mixed, S@6c RYE—8%. HAY—Unchanged; choice timothy @13.00; choice prairie, $11.2511.50; choic falfa, ' $16.75@17.7 BUTTER—Creamery, i onds, packing stock, EGGS—Extras, 21igc; | 19%c; seconds and dirties, Options at Kansas City Open %4 white, bog@bsc; 2.60 al- firsts, 24c; sec- 17e current 183c. recelpt Low. | C 106% 1 08% 1 0014 1 00348 9914/1 0148 T 81 68% Articles. High Wheat— July September December . Corn— May July September 108 |1 100 1 100%A1 1 7 0 | iy 81 636 A asked. B bid St. Louls Geme ket ST. LOUIS, May S—WHEAT-Track lower; No. 2 red, cash, $1.50; No. 2 hard, $1.3501.37: May. $1. Ay, $1.10%@1.10% September. $1.06%. track. No. 2 cash CORN—Lower: he; No. 2 white, 7066i8%c; July No. September, Bibge 9% [ OA'TS—Weak: track No. 2 white, @4e; July 43c. RYE— e, HAY BRA M 4.9 POULTRY—Weak; chickens, 13c; spring, g8, turkeys, 13gTsc: ducks. g se, bC. UTTER—Lower: creamery, Milwaukee Gra | MILWAUKEE, May northern, $1.31%; No, $.144@1.3485 OATS—Standard BARLE Y55 6% cash, 564 Septembur Nominal. Firm Higher ALS—Lead, firm. 34 20, Spelter, dull Market. 8.-Wheat. No. 1 2 northern, §1.2; July, o9c. Peorin Market. PEORIA, I, May 8.—COR 2 vellow, T5c: 'No. 5 yellow, T4%c; N o 4. T3%c: no_grade, o8c. OATS_Easy, No. § white, | white, aoe. ~Lower: Globe | | than beef steers | at | C) B & Q., east | the trade has again recovered, so that OMANA LIVE STOCK MARKET :Be!! Steers Ten to Fifteen Cents | Higher for Week. HOGS HAVE BEEN ON DOWN GRADE Sheep and Lamba in Moderate Supply Fifty to Eighty-Five Cents Higher for the Week. and Price SOUTH OMAHA Receipts were Offtictal Monday al Tuesday Ofticial Ofticlal Thursday Official Friday Estimate Saturday Neb., May 8, 1909, Cattie. Hogs. Sheep. 5,081 2,896 5121 2,492 il Bix days this week.. 24,49 Same days last week... 1765 Same davs 2 weeks ago..14,737 Bame days 8 weeks ago. T Same days 4 weeks ago..15.2% Same days last year....16 The following table shows the receipts of cattle, hogs and sheep at South Omaha for the year to date, compared with last year 1908, 1908, Inc ~Dec, Cattie 5 Hogs g 1.047.0 Sheep . 531,92 The following table shuws the average price of hogs at South Omana for the last several days, with comparisons: 1000, (1908, (1907|1906, [1906. [1904. [1903. 701 | * 7 06% . 6 9173 (3 Spusw 3 5 33 aomoao WIS gz ‘czsnws o L TREETS e E=8 S NS an SRl == The official number of cars of brought in today by each road was Cattle. Hogs, stock C. M. &8t P.... Missourl Pacitic Unfon _Paciffc C. & N. W., east....... C. & N. W., west..... C., 8t. P, M. & G.... C, B. & Q. west C, R L & P, west Total receipts............ o W The disposition of the day's recelpts was as follows, each buyer purchasing the num- ber of head indicated: ‘attle. Hogs. Omaha Packing Co 1 Swift and Company Cudahy Packing Co. Armour & Co Shafer ... . Tilinois Packing Co Wismuth Bodden . Other buyes Totals CATTLE—There of cattle to make a market today celpts of catile this week have been very heavy, showing a gain of about 7,000 head over last week and of almost 8,000 head, as compared wtih the same woek a year ago Consldering the extremely large recelpts, the market as a whole has heen in sur- prisingly good condition. In fact, there has been no point where the catile trade has been in any more healthy condition. They arrivals have consisted very largely of beef steers, the proportion of that kind of cattle being very much heavier than usual at th season of the year. The quality has also been good. there being a great many very desirable killers among the offerings. The supplies of all other kinds of cattie have been moderate. ‘The market on beef steers hegan the woek with a good, stiff advance, and continued rapidly uphlil until Wednesday, when there was a sharp reactlon. Since Wednesday at the close of the week beef steers are gen- erally loc higher than one week ago. In addition to being higher, the trade on most days has been active and in a good healthy ‘condition, entirely satisfactory to the selling interests. In fact, considering the very heavy receipts, a befter market could not be asked for. Ae high as $570 was reached by the best cattle. The ad- vance this week carrles the market to a point that is safely 30Gi0c higher than the low spot two weeks ugo. Cows and hifers, owing to the good mand and to the fact that the supply quite moderate, showed even more during the week, being the close 15@2%c higher than one week ago. As compared with the low time two woeks ago, there has been an advance of 25@40c. Trade on most days was active. early clearances being effected During the early part of the week stock- ers and feeders were very firm, but later on, as it became apparent that ilght cattle were accumulating in the hands of specu- lators, the country being a slow buyer, there was a decidedly weaker trend to values us at the close of the week everything except good heavy feeders can be quoted around Zc lower than a week ago. It should he understood, however, that prices even at that are extremely were no fresh de- was advanee | ted st high as compared to the way fat cattle have been selling Quotations on cattie: Good to cholce corn- rs. 3.308.76; falr to good cornfed steers, $.75g8.30; common to fair cornfed steers, %.0005.75; good to choice cows and heifers, $.00G5.8; fair to good cows and helfers, $4.2@6.00. common to falr cows | and helfers, $2.26@4.%; stock heifers, $3.00( | 4.25; veal calves. $3.50G6.7 150,000 head, ‘as ugainst 61,000 last oY@ | bulls, stags, etc $3.25@6.25; good to cholce stockers and feed ers, $4.60@6.75; fair to Bood stockers and feeders, $4.0004.50; common to fair stockers and feeders, 33250400 HOGS- Hogs sold 10c Ligher this morning and the market was aotive at the advanc: everything In sight being disposed of ai n early ‘hour. The apparent cause for (he dvance was to be found In the moderate receipts and A very good buying demand. Fackers seemed o come to the conclusio that the hogs were worth the money and they went out this morning to secure as many as possible. A good share of all the hogs sold st 90.8G7.05 and on up as high as §7.2% for the best heavy. A feature of the run yesterduy scarcity of heavy hogs, the great big bulk of all” the arrivals consisting of light weights. Receipts this week foot little over wewk and has shown Thus the week market was again hogs selling on ‘that day very nearly 10¢ highe 1 the close of the previous week ing with Wednesday (he market raplily reaching the low point w hogs sold the lowes| day since April & the markel about 5 the close of last weight into No. Av E) 11 " M s up & 54,000 a year ago. The market quite a number of changes. opened stronger and the higher on Tuesday declimed on Frid N an average of any Today's advanoce leaves higher than it was at week. taking qualily an consideration T 0« W B« »‘ 8 & % : 1 e 01 111 158 1w 30 10 120 3 n 200 1 180 150 w0 n w0 “ 1m0 0 0 I P 0 1 0 o @ r " 0 0 [ 20 8 b £ i 2 % HEY BHEEP-As usually the case urday there no receipts today. The spectacular vaulting stunts of the lamb market during the last couple weeks have at least accomplished two things. The last trace of bearisn senti- ment is effectually wiped out and a new sales record established. Each succeeding day during the last two weeks has secn values go higher and higher. The total advance during the last week Is even reater than that of the previous week. ut this feature is perhaps explained the lighter receipte The receipts this week totaled over ) o 16, 49, 83 883 T and again today was Ure | ¥ | a decrease of approximately 4,000 under the Stfcinl count of the week before. ecelpts of the last two weeks as compared witl the corresponding two weeks a year ag: show a decrease of approximately 30,00, These figures make an explanation of the booming the market unnece $10,000,000 i St. Louis & San Francisco Railroad Company General Lien 15-20 Year 5 Per Cent. Gold Bends Most the shorn and for of offerings of late bee this reason the total ad vance on that class of stuff may be more accurately gauged than the advance on wooled. 8till the general upward trend of the market has been as noticeable in one department as in the other and total gains compare favorably. The advance in bot wooled and shorn for the week is right around 60786e. The much talked of bare spot is not yet apparent, but scant recelpts in dicate that It Is dangerously near. } much higher the market will_go is very doubtful. Talent & divided in its opinion One salesman sald yesterday: “The sum mit of values has already been reached. Packers are cutting their orders right now until trade in the sheep barn looks Iike penny business. A day's heavy receipts would demonstrate that they don't carc for many supplies at current prices On the other hand, a prominent Chic authority says: “The Iimit has not vet been reached and present indication is for $10 wooled lambs, which meang $ for the shorn article.” e A Quotations on clipped 8! an e god to choice light Good to_cl lambs, good lambs, $7.00G7.76; yearlings, 43.6g9.15: good to cholce heaty yearlings, $.75G6.%, good to cholce wetii- ers, $5.900%.40; fair to good wethers, $6.504 5.90; ‘good to choice ewes, 5.50G6.00; falt to Boow ewes, $5.0096.50; culis and b £2.00 @5.00. Quotations 6n wooled lambs: Good to cholce lambs, $8.65a9.15; fair to good lambs, #5.1536.65 in recefpts | DATED MAY 1, 1907, INTEREST PAYABLE SEMIAANNUALLY, MAY IS8T AND (Total Issue Limited to $109,850,400.) Principal and Interest payable in New York in United States GoldaCoin; or, at the holder’s option, in London, in Sterling, at the rate of $4.86 per pound sterling: in Frankfort Marks or in Berlin, in Reichemarks, at the rate of 4.206.Marks per dollar; in Amsterdam, in Guilders, at the rate of Fls. 2.48 per dollar; and in Francs, at the rate of 5.16 Francs per dollar. The entire lssue at any time outstanding, but not any part thereof, is subject to redemption at the option of the Railroad Company, on sixty days' previous notice, at 102% and accrued interest on any interest day prior to May 1, 1922; and at par and accrued interest on May 1, 19 or on any interest day subsequent theretd. DUE MAY 1, 1927, NOVEMBER IST. lambs gt T Coupon Bonds of $1,000 each, with privilege of registration. Registered Bonds may be re-exchanged for Coupon Bonds. THE BANKERS' TRUST COMPANY OF NEW YORK A D N. A. McMILLAN, TRUSTEE! We offer the above bonds, subject to previous sale or advance in price, at 91 % and accrued interest, at which price they will yield, if held to maturity, about 57%¢. income per annum, These Bonds are a direct obligation of the St. Louis and S8an Francisco Railroad Company, and are secured by & mortgage and supplement thereto covering all the Company's property, as described in said mortgage, and any property hereafter acquired with the proceeds of such Bonds. ive Stoek Market. CHICAGO, May 8. ~CATTLB—-Receipts estimated at 100 head; market steady; beoves, $5.00007.25;, Texas stears, $4.60G5 %0, western _steers, ' $4.7005.75; stockers and feeders, $3.6006.00; cows and heifers, $2.40G 6.25; calves, $5.00G7.00, HOG: Receipts estimated at 11,000 head; market Gc higher; light, $6.85@7.25; mixed | $6.9@7.35; heavy, ' §7.00097.40; rough, .00 good to cholce heavy, $7.16@7.40; pigs $6.76@8.70; bulk of sales, $1.20@7.30. SHERP AND LAMBS-Receipts esii- mated at 1,000 head; market steady; natives, $3.90@6.50; westerns, $4.00G6.50; yearlin, $6.25@7.50; lambs, natives, 36.2G9.00; west erns, $6.60G9.85, Chicag: On June 1, 1909, the General Lien Bonds will become, upon redemption of the St. Louls, phis & Southeastern Railroad Company 43 % Bonds, a first mortmv' on (Subject to only $489,125 existing Bonds, for the redemption of which General Lien served.) On or before October 1, 1913, this mortgage will practically become a first lien on additional Mem- e . 668.20 miles Bonds are re- 861.25 miles 1,526.45 miles Total First Lien. .. Mortgage I also a Lien subject to $85,000,000 Refunding or Underlying Bonds The General Lien on additional % ,604.42 miles Kansas City Live Stock Market p KANSAS CITY, May S—CATTLE-R celpts 300 head, 'including 100 southerns: market stcady.” Recelpts for the week 34,100, Choice "expcrt and dressed beef steers, $.1 i fair to good, $.5@8.10; western steors, $.00@6.00; stockers and feeders, $3.90G5.8; southern steers, $5.000 0.60; southern cows, $3.5006.25; native cows, $3.25G5.60; ive heifers, $4.2@6.2; bul $3.75G5.25] calves, $8.757.00 HOGS—Receipis, 3,000 head. Market 5c higher. Recelpts for the week, 70,600 head | Top. bulk of sales, 36.80G7.%5; heavy, 7,16 packers and_butchers, $6.90G7.5; light, 705, phgs, $5.36@8.50. e Receipts for the wee read, 4,180.87 miles e O 1t is further a lien on the stock of, and leasehold int erest of the Com) Fort Scott & Memphis gating e inpany In the Kansas City, Railway and Kansas City, Memphis & Birmingham Railroad Company, aggre- 1,199.62 milesy 5,380.49 miles Grand Total The neral Lien Bonds are further secured (subject to $8,767,000 of Serial Equipment Notes) on equipment costing originally $18,011,907, and comprising 811 locomotives, 84 passenger and 14,051 freight and other cars, which equipment, as provided in the mortgage, the Company agrees to keep in good repair and replace when destroyed. The average surplus of the St. Louis & San Francisco Railroad Company (exclusive of the Chicago & Eastern Illinois Railroad) for each of the four fiscal years 1908, 1907, 1906 and 1905, after providing for all fixed charges, taxes, rentals, etc., amounted to $1,087,728. The gross and met earnings of the St. Louis and San Francisco Company (exclusive of the Ohicago and Eastern Mlinois Railroad for the ten months ended April 30, 1909, are considerably in excess of those of last year. Application has been made to list the Bonds on the New York Stock Exchange, and listing will be applicd for in Europe, ) 20,800 s Live Stock Market. May 8.—~CATTLE--Receipts, 200 Texans, natives market steady; Texas and Indlan steers, $4.2@6.50; cows and heifers, $2.75@6.25. HOGS—Receipts, 3000 head; market rong; pigs and lights, $4.50@7.15; packers $.0G7%5; butchers and bes heavy, §1.100 87 For further information as to this issue of Bonds, reference is made to a letter from B. F. Yoakum, Esq., Chair- man Executive Committee, of the St. Louis and San Francisco Railroad Company, from which letter the above data were obtained. SPEYER & CO,, 24-26 Pine Street, o sheep on sale Sloux City Live Stock Marke: SIOUX CITY, May 8.—(Special “ele- gram.)—CATTLB-—-Receipts, 200 head; mar. | ket steady: beeves, $6.0016.75; fat cows and heifers, $4.00G6.00; feeders, $4.60@% year- lings, $4.00@5.00. HOGS—Receipts, 2600 head; market, sc higher; range of prices, $6.70@7.15; bulk of | sales, $6.85G7.05 New York, May 10, 1909, TO THE HOLDERS OF $T. LOUIS, MEMPHIS AND SOUTHEASTERN RAILROAD COMPANY 5 Year 4%9% Gold Bonds, Maturing June 1, 1909. We will accept these Bonds at 1004 % and accrued interest in payment for 8t. Louis and San Francisco Railroad Company General Lien 15-26 Year 6% Gold Bonds at the above price. This offer may be cancelled without notice. New York, May 10, 1909, Stock Market. TTLE—Receipts, steers, $5.00@6.70; .00; calves, $8.60G HOGS—Receipts, 2,500 head; market 5o higher: top, $.25; bulk of sales, $5.90@7.15. No sheep on sale. St. Joseph L ST. JOSEPH, May . 100 head; market steady cows and helfers, $250@ 7.00 Stock in Sight, teceipts of live stock at the six princi- pal western markets yesterday : Cattle. Ho R Y SPEYER & CO. Herbert E Gooch Co. Brokers and Dealers GRAIN, PROVIBIONS, STOCKS. Omahs Office: 210 N. Y. Life Blag. Bell Telepho: Douglas 63l. Independent, A-2191 and A-3122. Oldest and l.argest House in the State. gs. Sheep. South Omaha . Sloux City Kansas City 8t. Joseph . St. Louls .. Chicago . [ 00 Delaware & Hudson | Denver & Rio Grande D. & R. a Distillers' Securities . it 3 Erie 1at pfd Eris 24 ptd General Eleciric Great Northern pfd Greal Northern Ore ctf Tilinots Central Interborough Met Int. Met. ptd International | Internation Internation International Pump Jowa Central Kansas City K. C. So. pfd Louiaville & Minn. & 8t L. M. 8L P &S Missour! Pacific M. K & T MK & T. pld National Biscult lonal Lead R. R. of M NEW YORK STOCKS AND BONDS Large Distribution of Speculative | Holdings is Affected. | RESTRAINS ADVANCE IN PRICE | £ 100 TOLAl .iseeni New York Money Market, NEW YORK, May §-MON | nominal TIME LOANS—Firmer; | 2% per cent: ninety days, 2% per cent; | | 81x months,’ 38 per cent. | "PRIME MERCANTILE | per_cent | STERLING —On $2883833358 call, sixty days, 24,@ Wisconsin Central Total sales for the day 0 5% 57,600 shares. London Stock Market. LONDON, May S.—Amerlean Becurities were firm on the Stock cxchange here fo day In spite of the government crop re and after falr business for continental and local account above parity the closed at the hest of the day London closing stocks MoK &T $61-16N. Y. Central 10% Norfolk & W 110 do pra 1064 ontario & W.. 1184 Pennaylvania 1657 Rand Mines 5014 Reading 514 Southern 1548 do ptd 127 Southern Pacific nion Pacifie. do ptd AR U. S, Stesl B0 4o pra.. 40 Wabash 21% “do ptd Ultnola Central 160 Spanish 4 Loulsville & N 143 Amal. Copper. L STty SILVER—Bar. quiet at 2 7-16d per ounce. 0% & 9 MONEY-i5@% per cent i s ‘The rate of discount in the open market for_short and months’ bills 18 1@ 15-16 per cent. \ » 6% PAPER-34a4 Absorptive Power of Market Strong, | i BXCHANGE—Steady, with | | actual business in bankers' bills at $4.8615@ | 4.8625 for sixty-day bills and at $4.8%5 for demand, commercial bills, 348654 .84, | SILVER-—Bar, 53%c; Mexican dollars, 4ic. | | BONDS—Government, steady; rallroads, firm. Closing quotations o bonds were as fol- | low U8 ret. 4o cgupon % Sn vox 40 coupon 5%, res o sotipon | Anis-Chal. 1st e | A" Agsieuttural e | Am. T& T, ov. 4 | Am: Tobacen s Am. Tobacco 6 | Atchison gen. 4 o 8 L I N, Gty 438 new do ev. és N Y H & H do ev. b o AL E L Bai. & Gnio 4a o e do 80w e Brk. Tr. v, 44 a. Bo. st 63 | Gentral ot Ga. s | Gentral_ Leather 8. i & Ohio"413n Cimaso & A opate G e P Wy o vidE. ta [ cod. &% L Colo. Ind. & Colo, Mid. da R E T e b. &R e b g 18 1. 44 n &R Distillers Erle p. owever, and Bulls Are Encour- aged—Aew High Mark for Steel o N referred. 3 M SW YORK, May 8.—A large distribution | of speculative holdings of stocks was ef- fected today with the result of holding in restraint the upward trend of prices. ‘The great volume of sales was made at prices | Righer than vesterday and represented, therefore, substantial profits on purchases made at any time since the low level of T prices touched In the panic period of 1907, | and In the period of excitement depression following, United States Steel preferred | rose to the highest price of the vear. The growth of speculative interest in the mar- ket for several days past has resulted in Lringing In increased arders o buy stocks from outside sources and this supplied an advantageous medium for securing profits. The absorptive power of the market in fact, proved so effective as fo furnish en- couragement to the bull leadership in the speculation The profit taking of the first hour was followed by renewed accumulation of stocks in the second hour in the expectation that a rising market at the cluse of the week would serve to attract renewed outside buying at the beginning of next, thus furnishing an »pportunity for further mar- ketings of holdings at the high prices now % | prevailing. Realizing was renewed at the | U2% | and of the day. The cop stocks were | 2% | till Tavorites in the speculation and were subjected to realizing sales, along with other stocks. The movement in the coppers was conspicuous in foreign markets and broadening demand was sufficlent ~ to absorh the profit taking to advantage. Very little fresh news accompanied the activity Reliance is placed on the supposition that 8% | tha powerful capitalistic groups are foster- %% | ing the rise In prices induced to this course %% | by cheap money rates and by the demand | 1oay | thus excited for new bond issues. which %% | are being brought out constantly to meet 00y | financial needs ‘of the great corporations. Reduction in the idle freight car surplus for the second half of April was a favorable influence. Tt was noticed, however, that the reduction was traceable almost wholly to the increased movement of coal The small net price changes at (he end of the day, in view of the great animation of the market is testimony to the skill and | persisience with which the demand was supplied. ‘The decrease in surplus reserve of the banks in the computation by aver- ages ovidently reflected opinions of the | week ‘preceding. the. surplus rises nearly | 8 9, the joint result of cash gain and small loan reduction. The loan item in the statement of averages by insti tutions outside the clearing houses, how- | ever, is increased $9,484.300, | " Bonds were firm. Total sales 114 | 32,600,000, ('nited States coupons i | vanced % per cent on call for Number of sales and ieading on stocks were as follow Teg....101% *Japan 4 00 do 4l 1014 %do 13 K. €. So. 19 L8 deb. 4s 1081 10% L & N. uni. ds S0, K. & T. Iat 4 1004 " do lat & ref. dn 10484 do gen. 41w 804 Mo, Pacific in 12N, Y. C. g 34 40 ‘ded. 4s - It pra b4 924 Consols, money. do account Anaconda Atchison o ptd Baltimors & Ohio Canadian Paclte Chesapeake & O Chicago G. W Chi.. MIl. & St De Beers Denver & Rio G do prd Erle do 1at pfa do 24 ptd Grand Trunk 14800 % ¥.,0 folk & W th American Northern Pacific serles It 3n v BYi6ri 3 Pullman Palace Car Steal Spring 91, » ‘Steel Republic Steel pfd Rock Island Co Rook Island Co. pfd Bt L. & 8. F. 24 pfd St Louls § W Rt L. 8. W. pfd Slose-Bhefield & Southern Pacific 8o. Pacific pfd Southern Raflway S0. Raflway ptd Tennessed Copper Pacific [ f N. & W. iat con. o ev. 4n No. Pacific o 3 0. 8. L. ridg. 4 Penn. cv. 3w 1913, *d0 con. 4n Reading gen St L& S F St L S W e *do 1st gold n Seabosrd A. L. 4a s, So. Pacific col. 4s “ do 1st ref. 4n 80. Raflway ba o gen. 4n #7% Union Parific da, 615 do cv. da. 861, do lst & ref. de iy U. 8. Rubber 64, 10414 U 8 Steel 24 fa 1084 Ve -Caro. Chem. B 964, Wabash 1st in 6. do 1st & ex i 891 Western Md. fs do gen. 4 04 Weat. Elec. ev ov. 4s neries A .79 Wis. Central 4s do series B D & R, O. ret. bs | Gen. Etec. ov HI%NC & O r cte Ba 1. ‘Cen. ist rof 1000 N, R. R, of MA Int. Met. s 9% So. Paclfic cv. 4 It M. M iy " “ o714 iy . “ fe. 4n “ three iy oy | 8015 | [ 4 Bank Clearings. May S -Bank 10.%62.64 and last year Pk & Po OMAHA, day were sponding clearings for for the co $1,772,589.18, 199, 1908 $2.674.616. 77 2,208,71 23 867 206, date 4 & oalty Tuesday Wednesday Thursday Friday .31 " " | (s Totals $15,620, ase over the corresponding week last §3,964,766.26. stinghouse Ele: estern Unlon Cheeling & I £592822% “ Stocks and Bonds. May 8.—Money, call loans, 2 | @ per cent; time loans, 3@5 per cent Atchison adj. 1 9 Butte Coalition do s 100% Cal. & Arizona hison R R 0"I4 Cal & Hecls vfd 1043 Centennial Boston & Albany 20 * Copper Range Boston Elevated 19815 Daly West Ho& H L Franklin M | Bo | BOsTON 2% 10415 620 3y 80 A PROTECT vour BOOKS! They're too valuable to oe strewn about the room or house exposed to dust and damage! Of course you can't help it, if your book-case is full and of the old style solid construction. Better get rid of such a case, or slart a new one that will always accommodate your books without being either too large or too small—one that grows with your library and always fils it. The Slobe Werpicke “Elastic” Book-Case is the original and only up-to-date sectional book-case and Is made by the largest manufacturers of such goods in the world. It's furnished in a variety of grades, sizes and prices, adapted to any and all require- ments. It's a system of units, each unit fitted with the perfectiondust- proof roller - I)l'dllns door. But we'll be gla 1o show them if you call, or will send illustrated catalogue on request, For sale by OR(".‘.HERD WILHELM . 1 Mont, C. & 614 Nevads M ' 0id Dominion par value have ad the week quotations Shannon Temarack Trinity High s prd ® od Copper Agricultural American Beet Sugar American Can pfd Am. C. & F Am. Cotton Ol Am H. & L. pta Amalg: Ameri: e 403, e san iy “n g Mining ng Stocks. Closing quotations n Locomotive S & R 8 & R pfd Sugar_Refining W YORK ning stocks May § im Am Leadville Con | "o bonds i con. Cal. & Va Horn Siiver | tron siiver *Ottered n fexican ont Oohis Standard 125 Line Onlo. atle Coast Baltimore & Treavury WASHINGTON nt_of treasury eral fund. exclusive of the $160,000,000 gold | reserve fund, shows: Gold coin and by | 844,014,484 gold certificates, $37.839,510; avail- | able casii balance, $122,345 810, Statement. May S.—Today's balance in the g¢ state Central of Chescpeake & Chicago & Alton Chicago Gt W d Hosin. NEW YORK. May 8. —O1L8—Cottonseed | steady; prime crude $454@46 | vellow, $5.55; July, $5.17@5. | deum, steady refined New York. $8.50; Philadelphia and Baltimore, $8.40; Fhil- adelphia and Baltimore, in bulk, 34 Turpentine, firm at 4lc olorado F. & 1 S0 1nt ptd > 24 ptd Consolidated Gas Corn Produsts