Omaha Daily Bee Newspaper, January 5, 1910, Page 7

il 5y » - L4 CRAIN AND PRODUCE MARKET Prices Continue on the Upturn, with Higher Oable Reports. —_— CORN TAKES A SPURT UPWARD Heavy Buying Also Onuses Advance n Whent—Snow Storm Delays Deltveries and Boosts Prices Are Expected. ¢ 4 . Omana, New., Jan. 4, 1910, "'5"“"&‘ J&nd ‘an active cash de- mand femtu! the opening on the wheat market tbday, and prices continued on the upturn. Northwestern milling congerns con- tinue to be' native bayers of cash stuff ana rpeculitora re using this fact_te advance the options, - - Corn sdvanced sharply with the strength \ In wheat and reports of severe storms was bullish news and induced heavy buying as receipts will be light. The advance In wheat was steady and rapid owing to the heavy buying whicn continued during the whole session. Higner forelgn markets have oreated a demand for cash wheat and further advances are | expected. Vith heavy snowstorms over the entire corn country deliveries will be still furth delayed and values were boosied on reports that ratlroad facilities were blocked, shut ting off the expectéd heavy movement Primary wheat receipts were 053,000 &nd shipments were 225,000 bu., against r ceipts last year of 202,000 bu., and ship- ments of 108,000 bu. Primary @orn racelpts were $74,000 b and shipments were 39,00 bu., against r ceipts last year of 206,000 bu., und ship- ments of 551,000 bu. Clearancos were 194,000 bu. of coin, 3,000 bu. of oats, and wheat and flour equal to 204,000 bu. Liverpool closed 14d to 1%a wheat and %d lower on corn. Local range of options: Articles bigher on .| Open.| High. | Low. | Close.| Yox 108%) 1074 7% %) ol 6378/ 43%| A% 9udy WHEAT—No, hard, 10601 Jected, hard, 1m; . 3 hard, $107%@109%; No. 3 g No. 4 hard, $10091.05; re- e@81.01; No. 2 spring, LW No. 2 durum, No. 3 spring, 310161 No. 3 durum, S$3g 0. 2 white, bie No. 4 white, 514G low, 6le; No. 3 yellow, ovb ellow, §i%@Gove; No, 2, odaslc, %o; No. 4, 57(268c; na grade. OATS—Standard, !‘&‘%N's,c; No. 8 white, M@he; No. 4 white, 48%4G4diec; No. § yellow, M%@tke; No. 4 yeliow, 44@ise; No. 3 mixed, 4sia@idie. quRLE ~No. §, 0%@t0c; No. 1, feed, 08@ . k‘lYE—No. 2, WY%@idc; No. 3, T3@78%e. Carlot Keceipts. Wheat Corn. Oats Chicago .. 4l 446 1% Minneapolls ...... 342 Omaha ......iviine 81 68 2 Duluth u7 i CHICAGO GRAIN AND PROVISIONS Features of the Trading and Closing Prices on Board of Trade. CHICAGO, Jan. 4—Grains ruled steadily higher today, closing in each of the pits ing close p-to the high points of the ay. Provisions advanced with the grains. heat was easily the leading market throughout the session and strong specula- tive support oftset bearish domestic statls- tics, which included an unexpected number of carlots in the northwest and piimary receipts of 653,000 bu., nearly treble the re- celpts of & year ago. May sold at a range of ‘l%o, the top notch being reached al $L14%. 'The close left May at $1.14%401.14%, 144@1%c higher than yesterday's final fig- ures. " July closed lc hixner and September e higher. . Snowstorms over the corn belt cotnributed to a strong corn market, Trading was active throughout the aay &nd many mil- licna of -bushels were-absorbod at a slight advance over yesterday's closing figures, atter which prices Increased. A range of %c covered the trading in corn. futures. May closed %@Xc higher at 67%@uT%e. In oats trading was apparently governed by the strengtl in wheat and corn. Sep- tember closed: 14 higher. . May cloged atf 46%0, Yo higher ??“’ ed trom 3%e to provisions -pork zd a7%¢ higher, dard 186 16 3%4c. bigher and ribs lic (o 17%4e highor. The leading £utures ranged as tolio Articles.| Qpen.| High. | Low. | Close.| Yes'y. *Wheat |+ Ja | May 1 18%-4] 103%(1 14%%| 113% July [t 108 | 1 0dk| 10 Bept. [00hi ml 9% - U8% *Corn— | May [66% July (67 86% Bept. |67 44, 66t *Oats— | May [46G40%| 4 6 45% July 430 Ml . 4% pEp 401 Ak x| ax| oo Jan. 2140 |21 2140 | 21 824) 21 46 My (B8 AR (R (B STia| @ 80 o n_wlau 21 97| 2215 | 21 874 12 40 {18 67| 12 40 | 12 b57%/ 12 26 B0l 11 v 1200, | 11 b2 1F 874 12 0 11 90 Ribs— u 1 07:2 11 67%) 11 40 o 11 4234) 11 60 | 11 2% it W46 {1160 | 1148% $5.1005.60; vinteri spring ® 065.20. + Y ig—No. BARLEY—Feed or mixing, 68@66c; fair to cholce malting, C. SEEDS-Flax, No, 1 southwestern, $2.00; No. 1 northwestern, $2.10. Timothy, $.86 es8 pork, per bbl., §22.37 gem Laja, per 0 m.‘,wnuoo‘n.szszf ort (loose), $11.3714@11.624. ribs, sides Short clear sldes (boxed), $11.634@11.5il4. Total clearance of wheat and flour were equal to 804,000 bu. Primary receipts were 683,000 bu., compared with 262,000 bu. the correspd ding day a year ngo. The world's visible uj as shown by Bradstreet's, increased m bu. ¥ e Estimated receipis for tomorrow: Wheat, 60 cars; cqrp, 499, cars; oats, 243 cars; hogs, 2,000 head. ‘Chicago Cash Prices—Wheat: No. 2 red, 26G1.3; No. § red, $1.20g1.26; No. 2 hard, 16@1.164%3 No. 3 hard, $1.10G1.18%; No. i northern, spring, $LITGLIN; No. 2 Horthern epring, FL16GLTT; Ko, § spring” 8110115 orn: No. § cash, 62ge24c; No. 4, 0816 i No. 3 white, No. 3 yellow, oi No. 4 vellow, i, Oats: No. § @46, No, white, H4@4O%o; G6isc. CHEBS twins, daisies, 16%@170; Young Americas, < 164e; Jong horns, 16! TATOR: holce to tatr good. POULTRY—Steady: turkeys, 17c; chick- fancy; to ens, 140, springs, idlse. VEA. eady; 8010 60-Ib. welghts, 8Gsc; ® to #6-1b. u\rhnu. 9@10c; 8 to 110-1b. S—§teady; cholce to fancy, If to good, 10G43e. 55 @8 b - WEATHER IN THE GRAIN BELT BSnow and Warmer | This Sta OMAHA, Jan. 4, 1910. Snows are scattered over the lake region and Ohio valley this morning and are gen- eral from the Mississippl river west over the Mississippl and Missourl valleys, and throughout the entire . Rocky —mountain eglon. The weather €ontinues very cold the upper valleys and the cold wave i spreading eastward over the Mississippl and Ohlo valleys, the lake rexion and the eastern states, and colder weather is belng folt throughout the southern states and the southwest. 1t is warmer In the extreme upper Missourl valley and the northwest the outlook is fayorable for warme fatnis® vicinity tonight, ~with continued snow tonight and Wednesday. Record of temperature -udw‘;rempluuon compared with the corresponding day of the last three years: 1910, 1909, 108, 1907 inimum temperature....—2 § 8 %0 ipitation .. P Normal temperature for foday, 21 degrees. Excess in precipitation since reh 1, 5.06 inches. Deficiency corresponding period in 1908, 8.67 inches. Deticlency corresponding period in 1907, {146 inches. L. A. WELSH, Local Forecasts A the Outlook for A Liverpoor mirain Market. RPOOL, Jan. 4—WHEAT—8pot, aull; Neo. 3 Wealerh winler, he alock:| 1 snow | tutures, firm: March, s 44; May, S 1%d July, vominal _ CORN—Spot, easy; new American mixed s Thd; old American mixed, bs 8%d; fu turcs, quiet; January mixed, by 6%d; Janu ary plate, os Ti4d NEW YORK GENERAL MARKET » of the Day on Varlows Commoditie NEW YORK, Jan. 4—FLOUR—Firm; Quota Spring patents, $5.4006.75; struights, $5.900 5.40; winter patents, $6.40G5.90; spring clears, $4.40@4.80; winter 'extras, No. 1 $4.604 4.90; winfer extras No, 2, $4.404.55; Kansas straights, $4.90i6.15 Recelpts, 46,09 bbis.; shipments, 19,507 bbis. Rye fiour, firm; fa to good, $4.2004.50; cholce to fapocy, $4. 450 Buckwheat flour, quiet; bulk, $2.00, nominal dy; tine white and yel- coarse, $1.45@1.50; kiln dried, ) y: feeding, 63@65c, nomi nal, e, i f. w York. WHEAT—Spot strong: No. 2 red, $1.30, elevator domestic, and $1.28%, f. o, b. afloat, nominal; No. 1 porthern Duluth, §1.28%; No. 2 hard winter, §1.29%, t. o. b. afloat, nom- inal. Options: The wheat market was sirong and higher witn good buying by preminent speculative houses on the firm cables, strong cash markets, smail offerings and bullish Argentina news. At the close prices were % Exporters o ay, $1.20%@1.21 11-16, c| $1.11@1.11%, closed $1.11%. ads. %; July 800 bu.; shipments, 3,000 bu. pot firm; No. 3, 104c, elevator domestic, ilc delivered and 69%c, f. 0. b. afioat, nominal. Option market was with- out transactions, closing unchanged. May closed 75%c. Recelpts, 127,1% bu.; ship- ments, 76,34 bu OATS—Bpot firmer; mexed, % to 8 1bs., natural white, 26 to_ 32 Ibs., W@62c; clipped white, 3 to 42 1bs., 60%4@odc. Option market was 'without transactions, closing e net higher. May closed at 50%c. Re- ceipts, 57,90 bu.; shipments, 2,500 bu. HAY eady; prime, $1.05; No. 1, $1.00; No. 3, sigWe. HOPS—Dull; state, common to cholce, 1909, 306 36c; 1908, 16620c; Pacitic coast, I o“ 1008, 17 ' HIDBS-Quiet; Central America, 22%c; Bugota, 21nu224e. LEATHERSteady; hemlock firsts, g , 23g%ic; thirds, 2G2%c; rej cle teady; m $24.50@ ; short cl 8, 325.00 ¥ mess, $11.50@12.50; fa $24.00926.00. Cut les, 1sc; pickled C. Lard, strang; middle west, W@pld.00; refined, barely stead $14.00; South America, $14.60; con Beef, steady; $15.60G16.00; beef ham: , steady; pickled ve Firm; prime city, 6%c; coun- et; domestie, 2%@5%e; patent, Easier; western imitation irm; state, new fu)! cream, gpeclal, 17%@I18c; state, new full creamn, September, fancy, 17¢; state, new full cream, October, best, 16%c; state, new full cream, late best, i5%c; state, 'new tull cream, common fo good, 15G18%c; skims. tul special, 224G 2%c. 3GS—Strong; western extra firsts, 6% firsts, 4@d5c; seconds, 0u3de; refrig- rators, 24@2ic FOULTRY - Dressed easy ens, 16@22c; fowls, 1%G17c western chick- turkeys, 2g2dc. Kansas Clty Grain and Provision: KANSAS CITY, Jan. 4 —WHEAT- e _higher; No. 2 hard, $11041.12, No. 3, $1.0T%@ 1.1 No. 2 red, $lL 1.2, No. 3, $117@1.2 SLOSSH@L.08%, mellers; July, viye, sellers. CORN—Unchanged; No. 2 white, 6%@ 6%c; No. 8, 63audiac; May, 66%e, wellers; July, 66%c, sellers. No. 2 mixed, 64c; No. 3, 62%c. OATS—Unchanged to 1¢ higher: No. white, 46@48c; No, 2 mixed, 4i@ie. RYE-70a" HAY—Un, ged to H@T5e higher; choice 13.60; choice iBratrie,’ $10.50 00. timothy, $12. 10.50; cholice 17,500 Creameries, 26@d4c; BUTT ER— dairles, - 26@c. GGS—Firm; receipts, 4 mark, cases Included, 24%@28%e; prime_ firsts, Mc. Recelnts and shipments of grain were as follows: Receipts. Shipments, Wheat, bu 128,000 69,000 Corn, ‘bu 44,000 57,000 Oats, bu. 1,000 9,000 Option: City: Articles, | Qpen. | High.| Low, | Close. ol oy 1 ton ‘1 ay g YA (‘Ju!y 974 m L4 IRA Corn— May 5% 6% EK‘ BHA July 05%@%| 66%] * 66%] G6RA A asked. B bid. St. Louis General Market. ST. LOUIS, Jan. 4. WHEAT—HA}‘ho s track, No. 2 red cash, $1.31%@1.82, 2 |‘|‘u0r; SLIGH@L17%; May, $L14%; July, CORN—Higher; track, No. 2 cash, 63ic: No. 2 white, 6i%c; May, 67%e; July, 673, OATS—Higher; track. No. 2 cash, 46¢; No. 2 white, 47lge; May, 46%c; July, RYBE—Higher at Higher; patents, 5 ; extra fancy -and straight, $6.166 6.65; hard winter clears. $3.90714.25, SEED-—Timothy, $2.5093.50. NMEAL—$2.10, BRAN-—Strong: sacked, HAY—Firm; ttmothy, $12 004713.50. BAGGING—6%c. PROVISIONS—Pork, higher; jobhing, $22.00. Lard, higher; prime steam, $12.2214%12.43%. Dry salt meats, steady; boxcd, extra shorts, ed winter east track, $1.15. 14.50¢318.50; prairie, 13124 clear ribs, $12.12%: “short clears, 13.37%. Bacon, steady: boxed, extra short, .::%u; clear ribs, $14.37%; short clears, POELTRV ~ Steady; chickens, 12%o0; spring, 13c; turkeys, 18%c; ducks, ldc; geese, 'S BUTTER—Steady; creamery, 31GTc. BGGS—Steady a1%e. Reeelpts. Shipments. 7,400 Flour, 12,600 Wheat, 76,100 Corn, 73,000 Oats, 55,000 Visible Supply of Grain. NEW YORK, Jan. 4—Specfal cable and telezraphic communications received by Bradstreets show the following changes in avallable supplies, as compared with previous account: Avallable Supplies—Whent, United States, east Rockles, decreased 704,000 bu.; increased 445,000 bu. Total United and Canada, decreased 259,000 bu, for and in 'Europe, b ' m'fll‘"““ ncreased 900, bu Total American and European supply, in- creased 341,000 bu. Corn. United States and Canada, Increased, 137,000 bu. - Oats, :9:‘1md States and Canada, Increased polla Grain Market. Minn MINNEAPOLIS, Jan, 4 ~WHBAT- SLRGLING: July, $1i3 T Casnt . Ne*'3 hard, $L15%61.15%; No. 1 northern, $1.11%e 2 northern, $LI2%@113%; No. 8, “losed at $2.16%. g(l:%r:—g;lo 3 A ?1!&657%&‘. —No. 8 white, 43! 3 RYE—No. 2, 7'~.u?‘.':='-;v* “‘cx BRAN—In 100-1b. sacks, $22.00, FLOUR-—First patents (In wood, f. o. b, gfi‘we-{l‘m:fl'l‘ fi“fio; second patents, §5.40 5.60: firsg clears, $4.5504.6% sec Rl 5504.6% second clears, . A Philadelphin Produce PHILADELPHIA, Jan. Market, 2. lower; extra w §Tc; extra western creamery, 88c. KGGS-Steady; Pensylvania and other nearby firsts, (free cases) 3Tc at mark; Penusylvania and other current recelpts (in returnable cases) 3c; western firsis, (free Market. 4~BUTTER— n creamery, arby prints, cases) ¥Tc; weslern current receipts (free cases) 314 35c. CHEESE—Firm; New York full cream cholce, 17%ec; New York full cream, fair t kood, 16%@lic. 5 Peoria Marker, PEORIA, Jan. 4.—CORN—Higher;' No. § yoliow. @ige No. 3, 6lic; No. 4, 59@69bae; no_grade, OATS—Firm; No. 2 white, &%e; No. 3 Lhite, “@4c; No. & white, 4ikc;" standara, c. Milwaukee Graln Market, MILWAUKER, Jan, 4-—~WHEAT-No, 1 northern, 31186119, No. 2 northern, $1.16@ |, L17; May, $1.14% asked. OATS—i6@isic. BARLEY—Samples, 83%@7lc. DULUTH, Jan. 4—WHEAT—May, §1.16%; July, $L14%: No. 1 northern, fl.ll{fi;'No‘.“ northern, $1.1144, OATS—4i4e. o1ls Rosin. SAVANNAH, Jan, 4-OIL~ firm, SO @ioike. Sty ROSIN-Firm. Quote: B, M.0064.02%: D $4.00; E. umuu%: ¥ wisgim: O U MRG0 T Mm K e M B30, N, w5 WG S W W W OIL CITY, 'Jan. 4 -O1L—C $1.4. Runs, 53,951 bbls, 1.637 bbl shipments, 170,160 bbls., average 16L51 bbls. NEWYORK STOCKS AND BONDS Stringency in Call Money Relaxes and Market Rallies. SOUTHERN PACIFIC IS BID UP Declines Barly in Day Are Attribated to Effeet of Conference of Rail- road Executives with President Taft, NEW YORK, Jan. 4.—The stringency in the call money rate relaxed today and prices of stocks rallled, thus reversing the process of yesterday. Corresponding changes occurred In stock market senti- ment regarding the expected presidential messages. The easing of the money maiket was due In part directly to the llcuidation in the stock market, which was forced or influenced by the calling of loans. The hanks thus increased their rese urces and the stock market lessened its demands for money. The precipitate fall in prices yes- terday also carried with it a Krowth In the short Interest In the market There was enoukh show of support to take away the appearance of abandonment of the #pecu- latlon by its recent powertul supporter an appearance which was of great infly ence in discouraging the speculative se ment _yesterday. The process of liquid tlon was pushed to further lengths early today and the level of prices at one tim was 1 to 2 points lower than yesterda close quite generally. The call ioan ma ket opened at 9 per cent, and the urgenc of the demand ggntributed to the selling pressure in stock: The character of the buying and bid- ding up in Southern Pacific served as as- surance also that Influential support was being extended. The strength of this stock ultimately spread its effect by sympathy through the rest of the market. Reports of the conference between the president and the executive heads of several great rail- rond systems confirmed the uneasiness caused by yesterday's reports, and had much to do with the morning declines in prices of stocks. Then came a statement {rom President Brown of the New York Central, one of the conferees, proposing to feel no apprehension about lfle proposed bill, either in its probable effects on the railroads or Investors. It was even as- serted that the precedemt of previous leg- islation justified a hope that jincreased in- come for raliroads might result. Later came the report from Washington that the president's message on the inter- tate commerce law amendments, once postponed from Wednesday to Friday, had hv"‘“ again set forward to next Monday. From this it was concluded the railroad presidents’ arguments had been taken into renewed consideratign with a prospect of working ¢hanges in' the exebutive recom- mendations to congress. A factor in quieting anxlety about ‘anti- corporate measures was the news of the prodigious merger of trust companies ef- fected under the auspices of J. P, Morgan and Company. The accomplishment was felt to demons! te an ability in the direec- tion that deprived the outlook of cause for anxiety from the standpoint of vested capital. The rally put prices generally higher than yesterday's closing. Bonds were (rregular. Total value $5,271,000, United States 48 coupons declined % per cent on call, Number of sales and leading quotations sales par on stocks were as follows: Sales, High. Low. Close. Chalmers ptd 4 . e, S mated Copper W00 RY Y sy 800 48 ey aTi o o AR 200 [ 000 % 1 900 [ " 500 4o 4T 200 6% 2% American Linseed 100 1% 1T American Locomoti 30 0 01k 'S, & R 0% 102% . 8 & R pid... 100 nao g . Sugar Refining 200 1214 [ T. & T. A 1,000 0% 140% Am. Tobacco ptd. 70 Y Mg can W 00 0% sy Antconda Mining Co. %00 51% 5 Atchison 800 121% 129 Atchison pfd 0o 103 - 108% Atlantic Coast Line. [ 105 1365 Baltimore & Ohlo. 7, B & Ohlo pfd. iehem Steel Brooklyn Rapld . Ti Canadian Pasitic Central Leather Central Leather pfd. Central of New ersey. Chesapeake & Ohio. Chicago & Alton Chicago Great W C., M. & Bt. P...... C.; & Bt L. Colorado F. & 1. Colorado & Southern . Colo. & So. 1st pfd. Colo. & 8o, 2d pfd Consolidated Gas Corn_ Products Delaware & Hudson Denver & Rio Grande D. & R. G. pfd.... Distillors' Securitiss Erle z Erle 1st pfd. Erie 24 pfd....... General Electric Great Northern pfd.. Great Northern Ore ctfs. Illinots_Central Interborough _Met Int, Met. pld International Harvi Int. ptd international Pap International Pump Towa Central . Kansas City 80 K. C. So. pfd Loulsville & N Minn. & 8t. Louis. M., 8t P& 8. 8 M. Missouri Pacific M, K & T M. K. & T. pfd National Biscult . National Lead new £ y3ElE T o¥IET N. R. R, of M. I 800 64 6l New 'York Central S00 124% 1221 123% N. Y. 0. & W W% 5% 40% Norfoik & W. Wik 9w orth American 300 Northern Pacific . 5,600 Pacitic Mail 140 4 L 2w LA 200 300 Rallway Steel 500 Reading ... %0 Republic Steel . 00 Republic Steel p 0 Rock Island Co... B0 B od4 o Rock d Co. pl 0 90° sk sey St L & 8. F. '3 pfd 00 B9 8 B4 8 Louts 8. W.... 00 84 s a3y st L. 8. W. pid... o Ty N TR Sloss Shetrield 8. & 1. 0 By BN 8 Bouthern Pacific 119,500 Southern Railway 13,000 So. Ratlway pf 00 Tennessee Copper . Texas & Pacific.. T, 8t L & W. T B L. & W. Usiton Pacitle caro. Chem! Westinghouse Electric Western Unlon Wheellng & L. B Wisonsin Central Pittsburg Coal ... Am. Steel Foundry United Dry Goods Total sales for t a7, 1,116,300 shares. ock Market. . 4—American today with Lendon LONDON, J opened Irregular re- la. JBY forecasts of President messages o congress, Prices hardened a fraction lal but at noou the market was again irregular, with values ranging from % above to % below yesterday’'s New York closing. London closing_stocks dominating on the interp: upon the trad money....53 11-18Louteville & N.......161% BEM, K & T ooty Amal. S %N Y. Centrai Lam ‘Ansconda . 10% Norfolk & W Atchison 18% do pta ” do i 1% ontario &' W 130 Pennsylvania 18 Rand Min Balimore & Ohio Canadian Pacitic Chesapeake & 0...... 88 Resding Chicage Q. W........ #%Southern Ry Chi., MU 161 4o De Beers. Denver & Rio 0. Tilinols Central 150% Spanish 4. N SILVEHR—Bar, sieady at 24%d per ounce. MONEY~—244%3 per cent. The rate of discount in the open market for short and three months' bills s 3%@3% per cent. { Treasury t. WASHINGTON, Jan. 4~The condition of the treasury at the beginning of business today was as follows: Trust Funds—Gold cofn, 614,1 sllver siiver “doflers of 18w, dollars. “$ST.914,000; 3 certificates outstanding’ F1,941.000; “allver 487,914,000, General Fund—Standard dollars in gen- eral fund, $1.676,906; current liabilties, $I05.- 298,15, worl balance in treasury offices, ] THE BEE: OMAHA, WED! UA $28,840,067; In banks to_credlt of treasurer of ‘the United States $6.141,3(; subsidiary silver coin, $16,083,470; minor eoln, $1.081.660; total balance in general fund, $8356 New York Money Market. NEW YORK, Jan. 4~MONEY-On call 9 per cent; ruling rate, 8 per i closing bld, § per cent; offered at 6 per cent, TIME LOANS—Strong; sixty days, 4% per cent, and ninety days, 4%@% per cent; six months, 444k per cent. STERLING BXCHANGE-Firm, with actual business In bankers' bills at $4.83%0G 48490 for sixty-day bills and at $4.8675 for demand. _Commercial bjlls, Mgy, SILVER—Bar, 24c. Mexican dollars, fhe BONDS—Government, easy; rallroad bondes, irregular. Call money ruled around 7% per cent the greater part of the afternoon, with the de- {rund very light. At the close the quoted rate 8 per cent, 1 Closing quotitions on bonds were as fol- ows U. 8. ref. 3a, reg....101 Int. Met. 4%s ) 0 coupon 101 olnt, M. M. 448, 8% U 8. 5, reg 1018 Japan e ¢ sy 0 coupon 1018 do 48 y U 8. s, teg IMRK C. So. wy 46 coupon L. S deb. Allfs-Chal, 1at & N. unl Am. Ag. s AUM., K. & T, 1 wi Am. T, & T, cv. da. " 9 Ani. Tobacco 4 4 1% do 6e R.R.of M 4k 9 Armour & Co 4i4s.... MYON. Y. C. g 34s.... 81 Atchison gen. 4&.....100%& do_deb ds........ do ev. s I%N. Y, N OH. & H o cv, b 1% er. U 1 A CoLo1st %6 N & W lel . e 08% Bal. & Ohio 4n....... 8% do cv. ds w2l do She 1o @Y No. Pacific ds. *do 8. W, 3ige.... 90" do 3 Brk. Tr. ¢v. 4. 6500 8. L ridg. i *Cen, of Ga. oo 0 Penn. cv. san 19 Cen. Leather b 9" dy con. 49 C.of N. J. & 58....1MYRending gon. Chen. & Ohlo 4%e. 103 "8t L. & 8. I 15 én o ref, Ba........ 1MW do gen. bs . *Chicago & A 3.0 TS LS W, e . C., B & J. da... 9% %o It goid 0y do gen. 4 10 *Feaboard A, L. de... 88 #C. M. & 8P g dis 39480 Pacifie col. de.... 91K CoR L &P c o 8% docv. d.... 196 do col L0 do det ref eIl 1% do rig. 48 91480, Raliway bo.... ... 1114 | colo. Tna, b .. £ do gen. ds. i | Colo. Md. 48 81 Union Pacific 4s......101 4 |C. & 8 v & ¢ 4hs 0% do cv. 4 16K D& Hcv s 1080 do ist & rer. ... 98% #D. & R 0. 4010 SKU. 8. Rubber 6. . 1018 do ref " 106 Distitlers’ 6 i Erle p. L 48, + 8T Wabash 1at. bs. *do gen. s 767 do Tat & ex. o cv. da, sor. AL R *Wertern Md. 6. %% do werios B......1] 78% Wet. Blec. ov. ba.... 90 Gen. Elso. ov. bu. 141" Wis, Contral fi...... i Tl Con. Jat ret. ds. . 99% *Bid. **0ffered. Bostom Stocks and Bonds. BOSTON, Jan. 4.=Money, call loans, 5% @1 per cent; time loans, 5@6 per cent. ing quoation Atehison adi. . $_ Arizona Com. do 48 ... 11D 9% Atiantle *Mex. Contral 4a.,... 83 Butte Coalitl Cal. & Arizona & Hecls Atchison R. R do ptd Boston & Afbany |0 Centennial ... Doston & Main 146 - Copper_Range .. Boston Elevated . .. 13% Daly West .... **Fitohburg pra N. Y., N H &H Unfon' Pacific .. Am. Argo. Chem.. 134 Franklin a prd 102 Masa' Mining Am. Pneu T Michigan ... Amer. Sugar 12, Monewk .. do pra ... 131% Mont. ©. & . Am. T, & T 0% Nevads 2% Amer. ‘Woolen 387014 Dominion iy do prd ... 103 Gecooln . e **Edison_Elec. Tilu. %1% Parrot . 4 General Blectric .....180 Quincy » Mase, Electric 18%Shannan ... 1% o ptd . 9% Tamarack Vi Mage. Gas L 82 Trfnity i & United Frolt 167U, 8 Mining United 8. M.. W U8 oil. o pta 5 94 Ulan U, 8. Steel " Victoria . do ptd 128% Winona Adventure $4 Wolverine **Alloues & "North Butu Amalgamat sy Local Securl Quotations furnished b; Samuel Burns, Jr., 614 New York Life bullding, Omaha: 3 Bid. Asiced. City of Omaha 4%s, 1929 106% Columbus, Neb., B L. E Clty Gas ‘& Electric, W 9 Cudahy Packing Co.' 5s, 1924, 100% Hydraulic Pressed Brick pfd. » I International Con. Co. & @ Kanss City Stock Yards W0 Kansas City Home Tel $ 8 % Long Bell Lumsber Co. s, 1933, 9 100 Nebraaka Tel, Stock, 6 per cent. 0% Omaba Water' Co. b, 1 . 3 9 "0y 84 1w % ] % i . Ry & [ Sloux Oity Btock Yards I K% Bouth Omaha ‘ref. ¢k 1004 100 Swift & Co. s, 1914, 100 ol | 8t. Louls Brewing Asso'n......;. 91 " Union 8. Y., South Omaha, & p. o » [ New York Mining Stoeks. NEW YORK, Jan. 4.~Closing quotations on mining wer: stocks Ao bond 17 Ontarlo 146 Ophir ... % Stundard ... 165 Yellow acket . *4 Otfered, | Horn Silver Trou Silver *Assessment pald. & OMAHA, Jan. 4 —Bank clearings for to- day were $2620,7145.35 and for the corre- sponding date last year, $2,200,635.37. Cotton Marlet. NEW ORLEANS, Jan. 4 ~COTTON—Fu- losed eady. January, 15.69¢; 15.920; March, 16.13c; May, 16.48¢; September, - 14.88¢; ~October, NEW ORLEANS, Jan. 4—COTTON— Bpots were steady; low ordinary, 121-16e, nominal; ordinary,” 12%e, nominal; good ordinary, 145:16c; strict good ordinary c; low midaling, 16 3-16c; strict middli 15tc; middling, 15 strict middiing, 16%c: Bood middling, 16c; strict good middling, 16 3-16c; middling fair, 16 6-l6c; middling fair to' fair, 16 11-16c; fair, 171-16c, nominal Recelpts, 11413 bales; stock. 183,223 bales. ST. LOUIS, Jan. 4~COTTQN—Unchanged; middiing, 15%c. Bales, none; receipts, 1,145 x}" sihpments, 1,219 bales; stock, 42,540 s Coffee Market. NEW YORK, Jan. 4—COFFEE—The warket for coffee futures opened steady, unchanged, prices to an advance of § points in 'sympathy with the gain of % frane In the French market and on buying by bull interests, Includ western people. The dem: ‘was not however, and the late trading the acted - somewhat unsettied, owing 1ling of next December, stey & points lower 000 bags, Includin, 7.06@7.10c; Aprll, 7.10c; May, 7.10@7.16c July, 7.2¢; August, 1.20c; September, 720G7.2c. No. 4, 7.15¢; December, 17.16G7.20. Spot, steady; Rio No. 7, §11-16@8%c; Santos No. 4, %¢; mild, qulet, Cordova, S@ilie, Metal Market, NEW YORK, Jan. 4-~METALS—The market for standard copper was easy to. day. Local dealers quote lake at $18.7 14.00; electrolytic, §13.60413.78; casting, $13 @13.50. London market, lower; spot closed at £61 1s 3d; futures, G2 1s 34. in closed, i Epot, $33.26@82.75. London market. weak and lower, with spol &t {14 ba; fu. tures, £149 125 6d. Lead, quiet; spot, $4.670 The ; net, 5 points higher to ales were reported of 20,- January at 690c; March, 462%. London market, lower at f15 10s, Spelter closed easy; spot, $6.05@6.25. Lon- don market, unchanged at 28 English iron market, lower at 518 for Cleveland warrants. Local market unchanged. ST. LOUIS, Jan. 4. —METALS—Lead, dull at $4.65. Speltor, dull at $6.12%. Woel Market. BOSTON, Jan. 4 ~WOOL—The usual mid- winter quietness obtains in the local wool market. Sales are limited becaure of shor supply, yelL values showed no higher tend- ency, mpling is fairly metive in terri- tory wools, fleeces and in California and Texas stock, Missour! three-eights bl #o; quarter-blood. $I30; Bcoured’ values, Texns fine (welve-months, THbe: fine e 10 elght-monthe, 64G70c; Fine fa)l, aei S LOUTE Jan S\ 0OL Unenanec: rritory and’ westsrn mediutmie i medlunis, RGHe; fine, BgHET 02 fine d Molassea. Jan. 4—SUGAR—Raw, ugar, test 27c; refined, steady; crushed, § . ulgled, 49c; pawdered. e N S teady; N On LAIOLASSIES ew Orleans open Toledo Seed Market. TOLEDO, Jan. 4.-SEED—Clover; February, NEW_' YORK, quiet; Muscovado, al. 96 02 h, i March, $.20; Aprii, ; Oz‘wbnr."‘?.g‘, gld prime, . Timo: prime, 1 ; e, ; March, $8.15. T T T, T 8t Joseph Live Stoek Market. BT. JOSEPH, Jan 4 —CATTLE -Re- ceipts, 5000 head; * Market, slow: ciears UbGTw; oows and helters, ¥2.6000.00 calves, $3.00g8. 8,000 head: market, s e R, {4 » ly. P, 8.4, of sales 0. SHEEP ~AND ~ LAMBS- Recelpin 1800 Lambs, head; markel, active tud strong. .00g8.26. & RY 5, 1910. OMAHA LIVE STOCK MARKET Cattle Receipts Not Very Heavy for HOGS COME IN VERY SLOWLY Only Thirteen Curs Are the Market Op Range a Little Higher, SOUTH OMAHA, Jan. 4, 1908, Recelpts were: Eheep. Official Monday ......... 7808 Estimated Tuesday . 4,600 Two days this week.. Bame days last week Sume days 2 weeks ago.. Same days 3 weeks ago. me days 4 weeks ago.. me days last year... The following table shows the receipts of cattle, hogs and sheep at South Omaha jor the year to date, compared with last 1910. 190, Inc. Dec 6816 7,001 . 136 s 14,831 .. BT 8heap ..., L1247 8680 8792 . The following table shows the averug price of hogs at South Omaha for the I several days, with comparisons | 1900, (1908|1907 (19068.11905. [1904. 1903. lur5‘1 4 36 6 13 442408 o 8| A0 S ]S A o {600 42/ 626044345 TR0l % | 409 6 Lo o Wi 4 by ® jl'*l‘u ‘“I'l.]‘”“““fil I 8 o) 5oy * 500 4 oi( 449 8 20k 5 46| 4 ,Sfllll?.dtfl 5 2ug) 5 60| 4 2 L47 464 | 1610, 11909, |1908. | 1907 .| 1908, |1905. 1404 B 24| 6 66 485 624/ 514 * | 464 * | 5 76/ 4 35, 6 21| b 11) 4 39} l.l:l | 830%| * | 440 629|507 443 o L1 570 435, 630] 6 14[ 4 45 47T **Holiday. Recelpts and disposition of live stock at the Union stock yards, South Omaha, for twenty-four hours ending st J p. m. yes tercay: RECEIPTS—CARS, Cattle, Hogs, Sheep. H'r's C, M. & Bt P. [ Wabash (1 i Missouri Pacifio ..... 4 3 1 Union_Pacifi R M ¢ . & N, W, east...... 1§ : AR |G & N, W, wesi...'® 12 {C.. St. P, M. & O.. 26 i L B & Q. east. 1 VB & Q) west.... 15 13 Ci R I &'P, east.. 3 ¥ 1C, R I & P, west 2 3 | Tilinols Central 5 i Chicago G. W, 7 3 Total receipts .. o 2 DISPOSITION—HIAD. Cattle. logs. Sheep. Omaha Packing Co....... 62 18 142 Swift and Compan L o624 660 Cudahy Packing L oe 2,6, Armour & Co. ... 632 900 W. B. Vansant Co o8 Stephens Bros. “ Hill_& Son . 182 F. B. Lewis . 2 1. B. Root & Co. 61 J. H. Bulla 19 McCreary & u H. . Hamilton 7 | Sullivan Bros. 5 | T. J. Inghram 3 Mo. & Kan.-C 109 Other buyers . 172 Totals 8,947 CAsalE—~1ne very & oL suow delayea the arrival ol SWes Lrains 10 sucn AN exient thal JL Wus neariy uidoay ne- Lore €nougn callie were in Slght (0 Make i€ ADy ObJECt L0 buyers Lo g0 Oui into ihe yaras, and It was ‘afiérnoon beiore &ny- ting like @ clearance ol receipts nad beea maae. Under the circum ances, the market, as a whole, Was by No means bad. Beer steers were SIOW L0 ¢ iiore, cows and heirers sieady, and feeders aull Lo weak. Quulalivis 00 calue: Good to choice cornted sleers, .50 to, good coinfed steers, §4.0iGb. com- mon to fair cornfed steers, $4.wWwo.2; govd 10 cholce cornféd cows and neifel Wi 5.10; feir 0 goud cornfed cows and neli- ors, $3.2@4,20; common 10 fair cornfed COWS aud, hedeis, §2.00G3 00d to chuice | stockers ‘and feedors, $4.%@6.5; fair to §00d cornfed stuckers and feeders, 35000 4.25; common to fair cornted stockers and foeders, $2.16@3.50; stuck heiters, $2.75G4.60; veul ca.ves, $AOU@TH0; bulls, siags, eic., £2.7604.50. Representative sales: BEEF STEERS. No, Av. Pr. No, Pr, g i 1 T8z ew T ‘W 4 60 4 48 sm 810 “w 440 4% 6 50 70 1% Receipts of nogs were very light this morning nut enough being in sight Lo make very much of a market. When the market opened tnere were only thirteen cars in sight and up to midday ihere were only thirty cars reported in. The market opened with a very fair demand and, spite of the fact that eastern reports were very untavorable indicating a weaker mar- ket, early prices here were 5@luc higher thun yesterday's gencral market. 1f com- pared with ‘yesterday's higher close it Wwould not skow so much lmprovement as that. Some right good heavy hogs soid up to $8.60, the tip-top price of the season. No Av. 8h. Pr. . 8h. Pr. y ET R . BB T L. 8y 540 2 30 8 3 o B0 100 8 du © B8 . 8% “ 21 83 2% s 8% “ a0 % I w7 53 % L4 L. 885 % lal W 8w & L3 .. B3 L0 L 880 SHEEP—The original estimate calied for T0W nead Lis aoiiin vul buszardy weather conditions Kept back many trains and only eleven or twelve cars were re- celved in time for the early market. Le- spite the limited Suppiies, quality was very §00d on an average and assorument belter than might be expected. Small prospects of mucn stock coming In until late in the day also proved a sumulating infiuence to buying demand and everything sold just aboul as fast it was received. Prices as a gen appeared Lo be somewhat yesterday; i fact, there were several sales that wer retty close to & dime higher. Sirong to ime higher and active &L the advance, would just about describe the general situ: lon, Some toppy LN yearlings changed ds &t 37.00; lambs sold at $5.0; oid einers realized .76 and ewes sold at .60, ¥ fhiere was practicaily nothing doing In the feeder branch of the trade as feeders are not dispos:d to take siock sheep and lambs back Into the country at a time when the corn fields and feed-lots are mammm heavy with maow. oo uotations on fat sheep and lambs: Goo to cholce lgmbs, $1.76G8.2%5; fair lo goud lambe, $1.2647.15; §0od LGt yearlings, $6.65 @1.3; ‘good heavy yearlings, %.%@v.%; good 1o cholce wethers, $.66@6.00; fwir to Kood wethers, $.0096.6; g0od (0 cholce ewes, $.1615.65; Talr to §ood ewes, $1.66g15. ‘Quotations on feeder #tock: Good to choice lambs, $6.35@7.00; fair Lo good lambs, light yearlings, $5.0005.50; heav; 34.5006.00; 0ld wetners, $4.50 good 10 choice ewes, $3.9504.00; breed- §BT6Ge80; yearlng Bresding ewes, $6.5006. No. Av. Pr. 206 Mont. ewes and longheads.. 106 § 40 217 fed yearlings, wethers. U 10 264 fed yearlings, wethers. % 1w 208 fed ewes . % 500 184 fed yearings, wethers. B TR 25 fed lambs @ 1% 202 fed wet us 67 408 western AT 9% 3% 08 710 e B 80 1% Wyoming ewes N b& Kansas City Live Stock Market, KANSAS CITY, Jan. 4—CATTLE-Re ceipts, 12,000 head, including 200 southern; market steady to e lower; cholce export and drossed bo sers. louT.0n, falr to good, $4.86G16.00; Western steers, 80 stockers and feeders, $3.5006.25, southern steers,34.00g0.16, southern cows, $2.60604.50; rative cows, $2 50; native heifers, $3.50 @6.00; bulls, calves, $5.0009,00. HOGS—Recelpts, 15,000 head: market steady to be higher; to} 50; bulk of sales, $8.10g38.45; heavy, 5. ; ' packers and Ptchers. s 300ks0; eht, 1. 5%; ples, 6.50G:7.60. SHEEP AND LAMBS—Receipts, 6,000 head; market gteady to ¢ lower; lambs, EPOSITS made on or before Jan- uary 10th in the SAVINGS DEPARTMENT of the UNITED STATES NA' draw interest ings deposits and annually. $18,000,000. It s TIONAL BANK will from January 1st Three per cent interest is paid on sav- compounded semi- Funds may be withdrawn at any time without notice. The combined capital and surplus is $1,200,000. The total assests are over the o dest bank in Nebraska, established in 1856. United States M. T. BAR G. W, WATTLES, Vice-Pres. V. B. CALDWELL, Vice-Pres. National Bank LOW, Pres. W.E ADES, Cashier, G. B. NAVERSTICK, Ass't-Cashier and feeders, $3.76a6.50. HOGS—-Receipts, 25,00 head. Market was 6@l0c lower; choice heavy, $8.66@8.600; butch- ers, $8.6008.60; light mixed, $8.30G8.46; cholae light, $8.35@6.50; packing, $8.30¢8.55; pigs, 30G8.90; bulk of sales, $8.3%@8.60. SHEEF AND LAMBS—Recslpts, 15,000 head. Market .strong; ~sheep $480Q80; lambs, $6.50@8.! yearlings, 96260 16, St. Louls ve Stock Market. §T. LOUIS, Jan. 4.—CATTLE-Receipts 4500 head, including 1,700 Texans. Market 0o nighets native shipping and export $6.80G8.50; dressed beef and butcher 6.70; steers under 1,000 Ibs., $4.00 .25; 'stockers and fecders, $3.406.%5; cows and heifers, $3.26@6.00; canners, $2.16@2.76; buils, $4.004.60; calves, $6.%5@6.50; Texas and indian steers, $3.76@5.16; cows and heif- ers, $2.75074.50. HOGS—Recelpts, 9000 head. Market was strong; pigs and lights, $6.25G8.45; peckers; i butchers and best heavy, $5. 'SHEEP AND LAMBS—Receipts, 3,000 head. Market strong; hative muttons, $1.25 @5.75; lambs, $6.6088.80; culls and bucks, $3.50@6.00] stockers, $3.25@4.00. Sioux City Live Stock Market, SIOUX CITY, la., Jan. 4—(Special Tele- steers Z gram. )—CATTLE—Recelpts, ,600 head; killers steady; feeders lower. HOGS—Receipts, 1,600 he: range of prices, u.umf bulk of sales, $8.208.30. Stock im Receipts of live stock principa; western markets yester loél.?:;n South Omaha Sloux City . 8t. Joseph . Kansas City St. Louls . Chicago . Total, ... OMAHA GENERAL MARKET, Staple ana Fancy Produce Prices Fur- nished by Buyers and Wholesalers BUTTER—Creamery, No. 1 delivered to the retall trade in b cartons, in'egm tuba, Bigc; No. In Lib earion in 60 tubs, c; packing atock, fresh rolls, 2ic; fancy dair, ery Tuesday. #8c. Market changes il % a dos; springs, ldc ducks, 12%c; geese, l0c sim Al over 2 lbs, llc; hens, 10%c; cocks, Giac ducks, full feathered, l0c; geese, full feuth ered, 8c; turkeys, 1Sc; guinea fowls, § a doz.; pigeons, t0c per dos. FISH—AIL frosen. Trout, 13c; white fish, le; pickerel, c; pike, 12¢; cel, 180; had dook, 1c; Spanish mackerel, 18¢; red-snap- per, 1c; bluefish, 16¢; codfish, 13c; flound- o g shad roe, ibe; saunon, 10c; hal- ut, e OYSTERS—Selects, small cans, 2c; large, gallon, $L8&6; New York Counts, smaii, large, §1.95; Baltimore z;nfifnd-r s, large, Sc; gailon, FRUITS—Oran| Extra fancy, highly lored navels, 1128 and 126s, per box, $2.86 ira_fancy, highly colored, naveis, 150s, 2008 and 2168 per box, $3.00. Lem: ons: Extra fancy, 0s, 308, Der boX, 95.00; choice, per box, $4.75. 'Grape fruit: Florida Indian Rivers, s, 4, 64s, 64s and 80s, per box, $4.00. Tangerines: Floridas, 148 and 168, per box, §260. Pineapples: Florida Indian Rivers, 248 6nd 90, per crate, $iov. Apples: Ben Lavis, Colorado, very finc Quality, per box, $1.66; Wine Saps, Col- orado, 'blood red, fine quality, per box, Jonathans, Colvrado, fine color, pef {00, Grecuings, Colorado, per ' box, issouri Pippios, Coluradu, very fine quality, per box, 31.76; Genitans, Colorado, per box, *$150 (10 box-lots Wc less); low Jonathans, our own pack, exira fancy, per bbl., $6.60; Towa Wine Saps, our own pack, b extra fancy, per bbl., $6.50; iowa-Missouri Plppins, our own pack, extra fancy, per bbl., . Ben Davis, strictly No, 1 Mis- Greenings, New York souri, per bbl, $4.50; N , per bbi., $3.6) (10-bbl. No. 1, tarmers’ pacl lots, $3.60). ity end weight, per keg, $5.50 to Bananas, Port Limon or Changuinola, ib, 4c_(3-bunch lots, 3%c). Cranbefr exira tancy, long keepers, per bb good for immediate use only, $6.% bage, Wisconsin Holland seed, per b, Onlons: Extra large Ked Globes, p Zge; m 1 ed Globes, pe Bpanish, 50-Ib. crate, §160. Bweet potatoes, Ka bu. bbl, Celery, Cali %e: No. 2 ribs, te; No. 1 loin, 18¢; No. # 3 loin, O%e: No. Melags iapes, owing to qual loin, 18 1' chuck, 7e; No. 6c; No. 3 chuck, b%c; No. 1 found, 9c; No.' 2 round, Tiei No. 8 round, oxe; 640; No. 2 plate, ‘52 No. MAYOR REMINDED OF FARM Lives of Two Dahlmans, One & Mayor, Other a Farmer, Are Bro Into Contri Mayor Dahiman has received from his old home in Texas & local paper contain- Ing the article recently published In The Bee concerning a picture of & brother that he had not seen for thirty years. Com- menting on The Bee article, the Texas paper says: “Widely different are the lives of these two men and brothers. One the mayor of a great western city, trusted personal friend and political lleutenant of W. J. Bryan, and of natlonal reputation on ac- count of his own ploturesque political career. The other a simple, homely farmer, living close to nature, undisturbed by the ambitions and aspirations of the poll- tielans. Yet, we bet Mayor Dahlmax often sighs for the peacefal life of Farmer Dahl- man, especially as he looked at the picture of those hoks and remembered the kind of usage that made old DeWitt county famous." The mayor was quite tickled over the comment of the home paper. ‘‘Those sau- sages we used to get down there were certainly the proper stuff,” said the mayor. “On & morning lke this, when I was com- pelled to take & hack down town from my home, I could have endured the chilly ride much better if I had been dalying with & half dozen or so of them. But, alack and ales, there are other sausages than those which come In rings and In tragrant plles on platters.” R. P. MORSMAN, Ass't-Cashier. OPEN ON SAIUADAYS UNTIL 9 P. M 7. a , 7.60; eAhers, N \ pogse e woors wancs | CHID SUBSIDY BILL'IS IN feeders, $.00G0.25. CHICAGO LIVE STOCK MARKET : Humphrey Measure Said to Have Cattle Steady——Hogs Lower——Sheep Blcking‘ 0( Adminil'rflfiflfl. and Lambs Stro QCHI(‘AG().“ Jan. 4. ‘A'I';I'LE Rec!lql& bwasons G S0, aSud b heiters, wasor AID FOR SECOND-CLASS ~SHIPS bulls, $3.60G4.75; calves, $3.0099.60; stockers Bill Carries the Same Rate for Mail Service as s Now Pald to Vessels of the First Class. WASHINGTON, Jan. 4.-—Representative Humphrey of Washington today, introduced Inthe house a bill providing for ship sub- sldy by the United States government, which measure 1s understood to have the approval of President Taft and the admin- istration and to be the one upon which the proponents of subsidy bill will concen- trate their efforts to procure its enactment into law. The Humphrey bill provides an increase in pay to American ships for carrying the malls to South America, China, Japan, the Philippines and Australia; bringing it up to $4 per mile for an outward voyage of 4,000 miles or more. An Ingreased tonnage tax on the transoceanic trade is provided and it is proposed to admit foreign bullt ships to American register for the forelgn trade. The author of the bill in an explanation of its provisions said the proposition to Increase the pay for carrying the mail was the most Important feature of the measure, The postmaster general is_authorized te pay second-class ships for carrylng the malls the same rate of $ per mile that is now pald to first-class ships. Mr, Humphrcy points out that opponents of ship subsidy seem Dot to be aware that we already have this subsidy. for first-class ships under a law enmoted in 1891, which law, he claims, ‘is responsible for every Amerlcan vessel on the Atlantlc ocean, and if repealed would cause the American flag to disappear frofi the seas within sixty days.’ Subsidy to Smaller Ships. The law of 1891, says' Mr. Humphrey de- fines a first class ship as one of over 8,000 tons and of twenty knots speed which has been a high requirement that vessels .of that class have not found it profitable to engage In South American and Pacific ocean trade. Mr, Humphrey proposes In his bill to give the same subsidy to vessels of 5,000 tons chpacity and of sixteen knots speed. The bill lays down many require- ments for vessels before they can secure the subsidy. The ships must be bullt according to plans approved by the secretdry of the navy of iron of steel and with a view to their use in the time of war, and be able to carry four or more cannon of hot less than six-inch calibre. They must at all times be at the demand of the government. They must carry American boys and train them In seamanship and be officered by American citizens and have crews com- posed of 50 per cent or more of American sailors. The vessels cannot be sold with- out the consent of the secretary of the navy. Mr, Humphrey adds: “It might be well to add for those who have been declaring that the proposed log- islation was to bemefit existing lines that not a ship now running can take ad- vantage of the provisions of this hill, Nelther need any of the ‘watch dogs' of the treasury exercise thelr lungs, for there ls now danger of national bankruptey, It is spefically provided that the amount that can be expended in any one year ‘shall not exceed the estimated revenue' from the forelgn mail service of that year." Mr. Humphrey's measure proposes to bring into the national treasury about $1,000,00 annually through increesed ton- nage tax on vessels engaged in the trans- oceanic trade, “every dollar of which will come from forelgn ships,” he says. Ameri- can vessels subject to this tax may have rebated the percent of thelr tonnage dues by carrying American sallors, one for each 1,000 tons of the vessel. PAUL SHOWS HIS WEALTH ABOUT NINE THOUSAND Enable Ju Alimoay Makes Exhibition to Troup to Determin: for John 8. Paul, Mrs. Nelile Paul, and their respective attorneys appeared before Judge Troup in district court, and John S. Paul made & showing as t0 what property he Is possessed of. The showing was made upon request from the court, for no testi- mony was given during. the divgree trial a8 to what Paul fs worth, and the court wishes to know, that be may:deiermine what alimony to allow Mys. Paul Paul testified that he is worth §6,800 in real estate and that his other $300 in bank. This, he decllrz i whole fortune. There was no discussion gver ing, although the attorney for show- Paul acked a stay In pronouncement of ‘elimony that the defe may, if it dégides to, put & real estate man on the stand o testify abcut the value of the weml holdfugs of Paul. ¥ It was also shown that Mwy. Paul has incurred bills amoufiting. to % since Avgust 1, and has had a house rent free The $680 does not Include a bill of 3§24 for a physictan for Mrs, Paul, nor a. physi- clan's bl for the daughter. ‘Murgaret amounting 10 §74 and & wurke's Y coming to $136 Guard the health of your fam.ly by ke ing at hand a bottle of Chamberiain Cough Remedy. It hac no equal for coughs, colds nd eroup.