Omaha Daily Bee Newspaper, April 17, 1910, Page 36

D THE OMAHA SUNDAY BEE: APRIL 17, 1910. (GRALN AND PRODUCE MARKET 'Wheat Values Continue to Decline with Bearish Sentiment. ‘SLUMP CO Bulls Supporting New Crop Futures, but Cash Condit w, with Continual Decrease in Prem « OMAHA, April 16, 1910, Gossip in wheat is unchanged, bearish sentiment still rules and values are still declining as the cash situation 1s not im- | proving and northwestern stocks continue to increase. The new crop futures are be- ing well supported on the unfavorable crop news in Kansas and Nebraska. The corn market slumped with the de- cline in wheat. The cash demand, which has.been active all week, was easier and was & weakening feature. - Wheat ruled weak throughout the seasion, sentiment still ruling bearish in the pit. Bulls are still supporting the new crop | futures, but cash wheat conditions are slower and premiums are being lowered steadily. Corn opened steady, but weakened late under selling pressure due to the weakness in wheat. h corn was slow and sold it lower than yesterday, demand not being as ac- rtive. Primary wheat receipts were 351,000 bu. and shipments were 367,000 bu., against re- ceipts last year of 251,000 bu. and shipments of' 390,000 bu. Primary ocorn receipts were #2000 bu.i inst re- and shipments were 257,000 b ipments cepits last year of 206,000 bu. of 306,000 bu. Liverpool closed %@%d lower on wheat and nominal on corn. Toeal range of options: Articles.| Open.| High.| Low. | Close.| Prices. No. 3 2 $1.02@1.03; o, {"Hiral Slec: rejeciad hard, %c@41.02; hard, 70@8bc; No. 2 spring, $1.02§1.03; No. 3 spring, We@$1.02; No. 2 durum, $6@8éc; No. 3 aurum, 8igse. “gé)’l( No. 2 white, gsnie: No. 3 white, o 4 white, c; No. 2 yel- low, bic; No. 3 yellow, ?&%flc; No. 4 vel- low, 0@blc; No. 2, 63%@dic; No. 3, bI@63%C; No.' 4, 50@blc; no grade, 30G45e. OATS—Standard, A1glic; No. 8 white, 40%@ilc; No. 4 white, 39%@d0%e; No. 3 yel- low, 9%@40%c; No. 4 yellow, 38%@39%c; No. 3 piixed, 3@doc. IARLEY—No, 4, 51@62; No. 1 feed, %0 RYE—No. 2, 12g%¢; No. 3, T1@72. Chlcago . slnnelpalll o ha Duluth . CHICAGO GRAIN AND PROVISIONS Features of the Trading and Closing Prices on Board of Tras CHICAGO, April 16.—Wheat prices feil off today under heavy selling pressure and closed from ¥@le down. Corn and oats were affected the weakness in wheat and also declined. Provisions slumped sharply at the start and continued on the down ‘grade to the close, finishing from 40¢ to $1.02% off. With the exception of a brief interval in the early day when fears of frost damage to the growing crop induced a slight’ flurry in the distant futures, bearish sentiment ed and values declined. July dropped ©_from its high point of $L0SY to & low of $1.01%. Quantities of long grain were thrown on the market and the demand*was wholly inadequate to support the load. The close was weak all around at practically :.a%l figures, ;vl;:x July !:cmo L at X 08" and Sgptember e do at £1.0001.00'%. Corn showed some firmness early in the adssion and influential buying credited to | elevator and shipping interests, the futures generally advancing %@%c. When the slump in wheat values came the support to the corn prices gaye way and all th futures declined. There was ow de- mand for cash corn and prices were steady 1o %e off. No. 2 yellow sold at 681@6dc. The close was taken for all the futures, with May %e off at 6% Weakness of wheat and corn over- in the oats pit balanced otheér conditions and transformed comparative firmness #arly in the day, weakness which con- tinued to the close of the session. The close was weak, with May %c off at 42%4@ wer prices for live hogs and the ex- pectation of increased arrivals at packing centers last week had a depressing effect in the provisions pit and all produc opened at a decided slump. Final figures for the may products wes Pork, 92%c down at $21.05; lard, 57%@0c off at $12.124 @12.15, and ri 6% off at $12.00. The leading futures ranged as follows Articles. | Open | High. | Low. [ Liose.| Yes'y, 3 2% R s 828 s .. 23 $os 3 | Bue usg 283 gst g§ 52 BEE > 1 3 ERE BEs 238 &85 S8R §!§ ggi |ees gue wme 8 {388 885 eus gu8 gfi §ss BEE & e £ H] us; 283 ERE BEE BEN BER e, < RG] ¥ |see oee ss= B i '21uouuon- were as follows: i "'l\wl Ukm‘.“y;“‘,n‘«‘m‘““.‘ ler o 8, 4. .36 ; ring TR AR | TRYE—No. 2. | BARLEY_Feed or mixing, 446k; fair to { luo::"mézhy s, cl | 'y X ver, $11.7 PROVISIONS—Pork, mess, (;.e'rb‘:l .Sll.il) 00. Lard, rlor 100 1bs., $12.373%4@12.40. 001 Short ribs side: , §i1. 3 Clane sidee ¢ . > :I :uuiu.ms. short Tatal clearances of wheat and fl 2 000 bu., compared with 261,000 bu. the S Batimated recel 20095.55; straights, i 100 cars; 3 !fl i e, oats, 147 cars; hogs, General Market. July, $1. red, $1.10@1 May, 3 0 No: B el May, 41%c: July, . No. BTN R ominal, 80c. LOUR~Unchanged; red winter patents, Ao miater lsare. BGGLAT" HE0 “Timoth; 00473.50. i sacked, east track, §1.06@ i tmothy, $4.50018.00; pray- Xk PIOVIIION“!S-P;?I'. I i wer; ob- Lard, low: m::.m-u"m. : clenr riba, ; clear .12%. Bacon (boxed). 6.57%; clear ribs, Y- ptn for Monday: Wheat, | WONS®; first clears, §2.90g1.20. CORN—No. ¥ yatlow, CORN OATS—No. § white, RYE—No. 2, 10%@74%c. BRAN—In 100-1b. sack WEATHER clears, W.ISPLIS; second AT e 0. , $18.00918.25. IN THE GRAIN BELT Light Rain Gemeral, tures Much OMAHA, April 16, 1910. The baromotric depression, noted in the receding report as central over the upper ississippl valley, has shifted eastward during the last twenty-four hours, and now extends In a trough ‘shape from the upper lakes south over the central valleys to the guif. Unsettied weather prévalled through- out the valleys since the preceding report, and rains were general. Rains col tinue the lake region, the Ohlo and Mississippl valleys this morhing, and light snows are falling klong the Missouri river in Nebraska and Iowa. Temperatures are much lower from the mountains east over the central valley to the lakes, and frees- ing weather was general throughout the upper Hlnlul%l nd Missourl valleys la. night. The indications are favorable for continued cold weather in this vicinity to- night, and freezing tem tures are pre- dicted for Nebraska and Iowa. The following shows the temperature and precipitation for the last three years: 1910. 190, 1908, 1907 Minimum temperature.... 82 31 41 8 Precipitation 0 13 .0 .0l Normal temperature for today 51 degrees. Deficlency in precipitation since March 1, 1.28 inches. Deflolency corresponding period 1.62 Inches. Deflclency corresponding period in 1008, 2.02 inches. L. A. WELSH, Local Forecaster. Corn and Whear Region Bulletin. For Omaha, Neb., for the twenty-four hours ending at § a. m. 75th meridian time, Saturday, April 16, 1910: OMAHA DISTRICT. ~Temp.— Rain- Statlons. Max. Min. fall. Ashland, Neb..... 00 Auburn. Neb 3 B'ken Bow, Neb. Columbus, Neb. Culbertson, Ne Fairbury, . Neb... Fairmont, Neb... Gr. Tsland, Neb.. Hartington, Neb. 3 Hastings, Neb. Holdrege, Neb Oakdale, Neb.. Omaha, Neb. Tekamah, Neb Alta, Ta.. Carroll, Cllrlndli with Tempera- in 1900, Sky. Cloudy Cloudy Pt. cloudy Cloudy Cloudy Cloudy Pt. clondy Clear Pt. cloudy Snowing Cloudy Snowing Clondy 23333332238232333: Ta Ta... 38 temperature period ending at 8 a. m. DISTRICT AVERAGES. No. of —-Temp.-— Rain. Stations. Max. Min. Inches. 7 i 52 4 ! B8 " 42 ! I 5 3 3 K 0 10 Freesing temperatures were general Fri- day night throughout the Minneapolis, Des Moines and Omaha districts of the corn and wheat reglon. - Apprecluble rains oc- curred in all except the Des Moines district. L. A. WELSH, Local Forecaster, Weather Bureau. NEW. YORK GENERAL . MARKET 8 loudy for twelve-hour Central. Columbus, Indianapol! Chicago, Bt. ouls, Quotations of the Day om Various Commodities NEW YORK, April 16—FLOUR~Dull and barely steady: spring patents, $.45@6.70; winter straights, $.10%5.20; winter patents, $.35@5.7; spring _clears, $4.40@4.75; winter extras, No. 1, $4.25@4.60; winter extras, No. 2, $385@4.16; Kansas stralghts, $5.00G5.15. Receipts, 18,746 bbls.; shipments, 5,848 bbls. Rye flour, dull; fair to good, $4.25@4.45; choice to fancy, $4.50G4.65. CORNMBAL~—Steady; fine white and yel- low, $L46GLI; coarss, KL 40; kiln dried, $3.90. "RYE—Nominal; No. 2 western, 50%c, f. o b._New York. ‘WHEAT—Spot, dull; No. 2 red, $1.17, c. 1. f., to arrive; No. 1 northern, $1.19%, open- ing _navigation. tion wheat was firm early on covering shorts on the cold weather in the west, but on the advance there was renewed selling on weak cash. May, $1.16%@1.17%, closed §1.16%; July, $1.10% 11%, closed ; Sel d at il Reosipth, 10 b o CORN—Spot market steady; steamer, No. 4, f0c, ele- vator, S4%c, ed. e opti without transactions, closing unchanged. y closed at 68%c, July at 71%c and September at Tilhe. = Receipts, 11,40 bu; shipments, 3,577 bu. OATS—Quiet; mixed, 26 to 32 lb.s, nom- inal; natural white, 28 to 32 Ibs., 46%@47c; clipped white, 3 to 42 1bs., 47%@63c. Option market was without transactions, closing nominal. Recelpts, 13,725 bu.; shipments, 1,706 bu. HAY—Irregular; prime, $1.10; No. 1, $1.10; No. 2, $6c@$1.00; No. 3, %0g9%ec. HOPS-—Dull; state, common to cholce, 1909, 23@26c; 1908, nominal; Pacific coast, 1909, 16@19¢c; 1908, nominal HIDES—Firm; Cent Bogota, 22@23c. LEATHER—Firm; heml 26c; seconds, hirds, 20G2ic. PROW:’IONB—nPor.I: weak; steady; mess, 16.00; family, $19.00919.50; beef hama, 00@26.00. Cut meats, quiet; pickled beilies, 10 to 14 1bs., $16.00617.00; pickled hams,’ $17.60. Lard, weak; middle west, prime, $13.00g13.10; re- fined, weak and nominal; South America, $14.75; compound, $10.25710.50. TALLOW—Quiet; prime city, ods., T%c; country, TH@T%e. i RICE—Steady; domestic, . 2@6%c; W@6HC. BUTTER-Weak; creamery specl; extras, 32c; thi to first, 28@3L full cream, new, Dest, 18%c: common to falr, 11%@l3c. BGGS—Steady; western storage select ons, 203@28%c; regulan packed, extra firsts, 2% 2 first .fifim southern regular, kit 2 America, 22%c: t packed firsts, POULTRY—Allve, turkeys, 14G20c. Dresse 19¢; turkeys, 17gc. Kansas City Grain and Provisio KANSAS CITY, April 16—WHEAT—May, $1.024, sellers; July, 97%,@97%c, sellers; Bep- tember, ec, sellers. ' Casl lower; 'No. rd, $1.08@1.00; No. 0@ 1.07; No. 3 red, $1.1091.13; No. & $1.06@1.11. CORN—May, ' 5i%c. bid: July, e sellers; Beptember, 68%@58%c, sellers. Cash, unchanged to ¥c lower: No. 3 mixed, 57% flc:sNo 3. B6@57c; No. 2 white, M0@60%c; OATS—Unchanged, nominal: No. 2 white, 5c; No. 2 mixed, 41@4se. RYE-T%. cholcs HAY—Unchanged; choice .rslrh. 0. 76@11.00; B 'R—Unchanged; creamery extras, fc; tirsts, 2o seconds, %ci packing stock, BGGS—5c cases, southerns, $. Wheat, bu.. | Corn, bu. | Oats, bu. S5 e 3 PHILADELPHIA, April 16—BUTTER— Weak; lower; extra weatern creamery, Sc; nearby prints, Sc. EGGS—Steady: falr demand; Pennsyl- vania and other nearby firsts, free cas 23¢, at mark; current recelpts, in returnable cases, Zc, at mark; western, free cases, 23c at mark; current receipts, free cases, 2o at_mark. CHEESE—Qulet: new, 4 lower: full creams, cholce, old, 17%@17%¢; fair to good old, 18%@17c; new, 14@14%c. timothy, $15; cholce aifalfa, lower; current receipts, new miscellaneous ~cases. ' $5.70; 45; >torapa nacked. $6.15. Receipts. Shipmento 7,000 15,000 59,000 8,000 Liverpool Graln and Provis LIVERPOOL. April 16. — WHEAT — Spot, dull; No. 2 red western winter, no stocks. Futures, dull; May, 7s8%d; July, 7s8d October. 7 6%d. - M CORN—Spot, quiet: new American mixed northern, 6s 3%d: old American mixed, os 8d; Futures, dull; July, nominal. Milwankee Gratn Market. =ILEWAAL'K-I. April 16 ~FLOUR--Dull. T—No. 1 northern. $L11G112; No. 2 no&\:tm. .“l.fi. J’\u;n tl.*"p % BARLEY-Sample, 60@ésc. X Duluth Grais Market. 16, — WHEAT-—May, il"O. 1 northern, $L07%; ) 18 SEBDS—Clover, cash, NEWYORK STOCKS AND BON DS Price Movement. Irregular and De- mand for Stocks Spotty. MONEY PROSPECTS UNCERTAIN Engagement of Gold for Shipment to South Ameriea Proves Pus: ~—Banks Show Strengthen NEW YORK, April 16—The demand for stocks today proved somewhat spotty and the price movement gular, but suscained by the strength of spec locks, notably. the copper group. ‘I'nere was the usual disinclination to enter on extensive new cemmitments at the week end. The weekly letters sent out by commis- sion houses and the news reviews of the week's events often serve to determine a new decision in market operations on the part of the speculativ public at lar distinguished from the more. limited circle of protessional traders who seek to initiate stock market movements. Since the su- preme court announced the reassignment of the anti-trust cases on Monday, the pre- liminary steps of such a movement have been traceable in the market, Next week is expected to show whether encouragement is oftered for pursuing the campalgn. An engagement of gold for shipment to South America proved somewhat puzziing on account of the claim that the transac tion was not for European account as is usual with shipments from New York to that destination. In the longer outlook the whole money prospect is by no means olear. The copper stocks were ‘fected by re- ports of large sales of the metal at the week's low prices, but the reports lacked authority, ‘The material strengthening ot the condition of the banks disclosed by the actual changes, both by gains in cash and reduction of deposits and liabilities through loan contraction, expiain the manner in which the money market eased towards the close of the week. Bonds_ were steady. Total ‘ sales, par value, $801L,000. United States bonds were unchanged In the bid price on caill from last week. Number of sales and princypai quotations on stocks were as follows: Salen High. Low. Clow il American Linseed American Locomot Am. 8. & R. Am. 8. & R. pfd. Am. Btesl Foundri Am. Sugar Refining. BT B Tiiiciie Am. Tobaoco pfd. 20 | Amorican - Woolen ‘Anaconda Mining Co. Atchison . ... | Atchison pta . Atlantic Coast 'Line. Bethlohem Steel . Brookiyn Rapid . Canadian | Pacific Central Leather . Central Leather pi Central of New Jers Chesapeake & Ohlo, Chicago & Alton Chicago Gt. W., new C G W. ptd. Chicago & N. W O, M. & 8 P C., C., C. & St Colorado F. & I..... Colorado & Southern Coneolidated Gas Corn Products ... Delaware & Hudson. Denver & Rio Grands... L Great Northern pid Great Northern Ore 1llinois Central . . Interborough Mot. Int. Met. ptd. International Harvester Int. Marine pfd. International Paper. . International Pump . Towa Central Kansas Oity So K. C. So. ptd Laclede Gas ... Loulsville & Nashi .l:(’l gusi 5% | £8858s M, K. & T. pid. Missour{ Pacifio . Natlonal Biscult N R. R. of M. 4 pfd New York Centra N. Y. 0. & W. Nortolk & Western. $8888s: yuEs Pennaylvania People’s Gas ... P, C., C. & Bt. Piitsburg Coal ... Pressed Steel Car.. Pullman Palace Ca Rallway Steel Spring. Reading ..... Republic Bteel ... itepublio Steel pfd. Rock Island Co Rock Island Oo. pfd. Louls 8. W.. 8t. L. 8. W, prd,. Sloss-Shettield 8. & Southern Pacitic Southern Railway . So. Rallway ptd. Tennesseo Copper Unton Pacifio prd.. U. 8. Realty.... Ul 8. Bteel U. 8. Steel pid. Utah _Copper Carolina Ghemioal bash . Wabash pfd Western Maryland Westinghouse Electric Western Union . Wheeling & L. E b Total sales for the day. 23,500 Clearing House Bank Statement. NEW YORK, April 16.—The statement of clearing house banks for the week shows that the banks hold $10,950,000 more than the requirements of the 2 per cent re- serve rule. This is an increase of in the proportionate cash reserv com- ‘plred with last week. The statement fol- owe: Loans . Deposits Circulation . Legal tender. Increase. '!mnuoo 15,101, 400 xi.m.m,om U, 8. deposits. rease. The percentage of actual reserve of the clearing house banks today was 26.28. e n:.lamtnt o&hln%l ;nd trust com~ es Of imeater New York not reportin to the clearing house shows: o Legal tender. . Total deposits *Decrease. LONDON, April 16.—American securities, opened quiet and a fraction lower on the London Stock exchange today. Then light buying of United States Steel, Southern Pacifie, Union Pacific and Amalgamated closed firm. Consols, _money o, account. ». Amal, Copper. Ansconda . Atchison do ol Baltimore & Ohilo. Canadian Pacific... Chesapeake & 0. Chicago G. W. Chi, MIL & St. P. De Beers. Denver & Rio G do pd.. Erie . 4o 10t pid do 24 pid " Grand Trank.. Iilinols Central <M Zoanish 4.l L BILVER—Har, steady al 24%d per ounce. MONEY—2! per cent. The rate of discount in the open market for short bills ls 3%@%% por cent; for three months' bills, 3% per cent. .. 813 Loulsville & BEAEM, K & T. % N ¥, Central . 9% Narfolk & W. Ut do pld.... 06 Ontario & W. 118 Peanaylvania 188 Rand Mines. © 90% Reading I 30% Bouthern Ry MIK do ptd... 19 Bouthern Pa 4% Unfon _Pacifie. . Copper hardened the list and the market | coln, g&mr.m total balance in general fund, 083, New York Mo mrket. NEW YORK, April 16.—MONEY—On call, nominal. Time loans, soft and very dulli sixty days, 3%@4 per cent; ninety days, 4@ L cent; six_months, # cent. BRLANG * EXCHANGE Btandy, | with actoal business in bankers' bills at $4.840 Q4840 for sixty-day bills and st $LITH for qmand; commercial bills, MBI FriM “MERCANTILE "PAPE- 850 per cent. SILVER—Bar, 63%c; Mexloan dollars, #c BONDS—Government steady; raliroad steady. Closing quotations un bonds wers as tollow: 2009 Int. M. M. ¢4s. 100% *Jupan da ... JJOBY do due AWK, C. So. 1st 8. .. CIMBL. 8. deb, 4 1981 ANKSL & N. wnl CTORM, K & T Mt da. 9% 1084 *do gen. Wi y ..108 *Mo. Pacifie da.. ki f) % | Official Atchison gen. ds. do cv. 4 do ev. SAL C. L. int 4. B4l & Ohlo 4s. 40 3% .. *do 8. W. e Brk. Tr. ov. da.... **Cen. o Ga. bs. Cen. Leather bs. C. ot N. J. g. b *Ches. & Ohio 3%4a. do rel. bs.. Chloago & A. 3. L1100 X 4 U, 8. Rubber Ga. L0987 U. 8. Steel 24 bn. 2% Va.-Caro. Chem. be. 3% Wabash 1st 6e. % do let & ex. ia. . T Western Md. ds.. Erle a0 do ctfs.. M4 Quotations furnished by Samue! Burns, ir. 814 New York Life bullding, Omana: Beatrice Creamery, com City of Omaha 4s, 1920.. stock 6 per Ir. Co, Omahs Water Co. b, | Omaha Omaha Omaha v Om H Omaha Omaba Omaha Wright & Wilhelmy C Unfon 8. Y. stock, So *To net ¢ per cent. BOSTON, April 16—Closing quotations on mining stocks were: sovee 8 Miami Copper . . 19% Nipissing Mine 14 North Butte . 19%North Lake . 16" 014 Dominion ! 23 Oscecla ... . 863 Parrott 8. & “689% Quiney . 0 Shannon . 713 Superior 314 Superior & L 15 Superior & 5% Tamarack . Artzona Com. . Atlantic B. C.C B &0C. C & Butts oalition Cal. & Arizona. Cal. & Hecla. Centennial . o Copper Rangs C. C... East Butts C. M... Franklin Glroux Con. ... Granby Con. ... Copper . Lal La Salle Copper. day were $2, sponding date 1 Monday Tuesday Wednesday Thursday . Friday .. Saturday $17,778,265.85 the corresponding week last year $3,287,734.28. New York Curb Market. The following quotations are furnished by Logan & Bryan, 315 South Sixteenth street: Boston Con « 19% Giroux % Butte Coalition. Cactus Chino .. Chiet Cons. Davis-Daly Bly Central Bly QOons... Ely Witeh, Franklin Pkg. Co. 6 Buperior & ~Pit 15%Tonopah Mining. 8% Trinity Copper. Imports and Expor NEW YORK, April 16.—Imports of mer- chandise and dry goods at the port of New York for the week ending April § were valued at § 1,?1 LIS, Tmports of specie at the port of New Yor for the week ending today were $71,626 sil- ver and $100,402 gold. Exports of specie from the port of New York for the week ending today were $855,799 silver and $4,016,- 040 gold. ‘Wool Market. BOSTON, Mass, April 16—WOOL— Interest {n the ‘market is tronger and a falr aggregate of wool Is ling, while several large lins mestic stock e falled to move as & re- sult of & difference of %o to lo a pound between buyer and seller. Staple Oregon ls in particular request and it is understood that the entire remaining supply could be sold if dealers were disposed to grant con: cessions. Clothing territory is moving stead ily, with fine to fine medium selling at 60 @64c. A fairly large movement in quarter- blood fleeces is reported at 300, 29¢ for Michigan. Ohio washed delaine is selling at with 350 rejected, while transfers of unwashed delaine are taking place at 26 and merinos are selling volume only, but at firm prices, the low prices on domestic wools being responsible for buyers' almost e clusive interest in Americ: 5 belleved that the market is about to ex- perience a revival of activity that will clean up supplies, but owing to the outlook for continued high values In the west and abroad, dealers are not to grant further concessions. The shipments of wool from Boston to April 14, inclusive, wer 62,196,968 1bs., against 72,602,815 1bs. for the same {ime last year. The receipts to April wese 72,710,616 1b, gainst me period last year. Coffec Market. NEW YORK, April 16.-—-COFFEE—The market for futures opened quiet at un- ged prices, in sympathy with feature- forelgn markets, and during the early trading showed very little feature. Later, however, there was a good deal of switch- ing from May to the late months, with the near positions ruling easy owing to liqui- dation, while late months were well main- tained, with the market ¢losing steady, net 6 points lower to 1 point higher. Sal 000 bags, including 20,000 in the shape o exchanges from May to March at 35 points. Closing bids follow: Aoril, 650c; June, 6.60c: July, 6.70c; August, September, October and November, 6.75¢; December. £.80c; January, 82c; February, 6.8c; uiet; Rio, Ne. 7, Stc: SAntos Mila, quiet, Cordova, 9% NEW YORK. April 16—-OIL8—Turpen- tipe. quiet: machine barrels, 62c. Cotton nsed ol steadier: prime cride routheast, $7.90: prile summer yellow, §7.7; Decembar, $661@6.63. Petroleum, steady: refined New York bbis, §1.77: refined New York bulp, $1.35; Philadelohia barrels, §.75; Philadsl- phia bulk, $4%. ROSIN—..ulet; refined common to good, boxes: recelnts .. ROSIN- H Tpments T:biflx.»; stock, 77,80 D, $%: B, e b ol o 6.10; WIW. 86107695, ? NEW ORLEANS, April 16.—ROSIN—Re- ceipts, 09 bbis. Molasses. NEW YORK. Aworil ~SUGAR-Raw, Treasury Statement. WASHINGTON, April 16.—The condition the treasury at the beginning of busi- ‘Trust s as follow Funds— ld 187,589; siiver dol - ; sflver doliars of 1890, 33, ver certificates. outstanding, General Fund—Standard silver lars eral fund, t'_ ; eurrent liabilities, m,mlu“m .l’ll l!-'.uz treasurer of the United e subsidiary - sllver - coln, dw:‘ , 1 oulet; Muscovado. 8 test. 3.74c: centrifugal, 96 test, 4.24c; molasses sugar, & test, l.gu refined sugar, quiet; cut loaf, 5.96¢ 8N E850; mouid ‘Ar b.ibe cubss. .40 SRk 4.85c; No. 3, 4.80c; We; No. 6 4.688¢; No. No. §, 450c; No. 10, No. 12, 4%c; No. 18, OMAHA LIVE STOCK MARKET Cattle Receipts Are Light and Prices Are Nominally Steady. SHARP DROP IN HOG VALUES Material Declines in Pro » Drives Market to Loweat Point in Many Weeks—Sheep Are Nom: inally Steady. SOUTH OMAHA 16, 1910. Recelpts wei Officlal Mond Official Tue Official Wednesd: Official Thursday Friday . Estimate Saturday . April Bix days this woek. Same days last week. Same days 3 weeks 8 Same days § weeks Ago.32¥7l Same days 4 weeks ago.21.657 days last year.....20,857 following table shows the receipts of cattle, hogs and sheep at Soutl Omaha for the year to date, compared with last year: 1910 1909, Ine. ~Dec. 292,156 273,318 18,83 ... 670,902 819,158 148,234 Sheep 445,461 517,826 72,376 The following table shows the prices of hogs at South Omaha for the last several days with comparisons: 11910, |1900.[1008. [1907 .|1908. 11905 .|1904. llll 16%| 10 1634 Cattle Hogs Date, April 7 April April 9. April 10, April 11 April 13. April 18 April 14 April 15 Aprik_16. | zgz=gs =228 *Sunday. Receipts and disposition of live stock the Union Stock Yards, South Omaha, Neb., for twenty-four hours ending at 3 o'clock . m. yesterday: RECEIPTS. Cattle. Hogs. Wabash . Missouri Pac Unlon racific. e raulalien 4 Omaha Packing company. Swift and Company. Cudahy Packing company Armour & Co. Schwartz-Bolen company. Other buyers...... -l Totals. .. 1 3,674 CATTLE-Only four cars of catile were reported in this morning, which was not enough to make a market, and prices were nominally steady, as compared With yeste da; compared with a week ago, clos this week do not show very much change so far as the desirable, light and handy welght cattle are concerned, while ‘e has been a decline of 10glic ‘on the ordinary run of plain, hedvy cattle. Both local dressed beef men and eastern buyers have been anxious for fat, handy weight steers, and they have soid weli all the week,' while there has been a disposition to discriminate against the heavy cattle, and unless choice, they have been slow and unsatsifactory sellers most of the | time. A good share of the decline of the early part of the week, however, has been regained and the general tone to the trade at the close is rather strong than other- wise. 9 Supplies of cows and hels have been of very moderate proportl this week, and on this account and partly because of the broad demand, the trade has bsen in very satisfagtory condition from a seller's standpoint. 'Good to choice fat cows and heifers have been in active request right thers has been & good in- quiry ‘from feeder buyers for d stock. Medium and common stuff has not been s0 much sought after and th.{h:\lv- been rather slow t ‘times, ugh closing quotations bout the same as & week ago. Veal calves show no par- tlcular chan, lor the week, but there has been more or less of p in the market for beef steers and ro stock generally. There has been a very fair volume of buainess done in the stocker and feeder market, and for the most part prices com- pre Very favorably with a week ago. Heavy stuff has been a little slow at times, and the bulk of the offerings of this d scription has sold to the killers at co siderably Wetter prices than the feeder buyers wotld ps On the other hand, there has been a good demand from the country all week for the desirable light and medium welght stuff, and prices have been about as high as &t any time this season. - Quotations on cattle: Good to cholce w 00; falr to good $6.0097.00; good to choice 1.5094.75; fair to good $4.76@6.66; common to fair cows and heifers, $3.75@4.50; good to choice stockers and feeders, $6.0097.00; = fair, to good stockers and feeders, $.00@%.00; com- mon ‘to fair stockers and feeders, $3.75Q stock heifers, $3.75@4.50; veal ' calves, $4.26@8.25; bull etc., $3.60§%.00. HOGS—Provisions were badly demoral- ized again this morning, and the trend of hog prices was sharply lower from the opening, A few dime lower offers were made at the start, but these were quickly withdrawn and replaced by 15@20c lower bids. - One or two loads kept selling time at these figures until thirty-five or forty of the péns had been emptied, about half of total supply. At this juncture, buyers simply quit and it was very diffi- cult to get any kind of an offer until well along toward noon. Shippers tically out of th case on most days this week, At the time of closing this report there were still almost one-half of the bogs re- celved still fu first hands, with no buyers in_sight. Today's decline, of course, carries the market not only to the lowest point of th week, but also to the lowest level in many weeka. It follows that the net loss in prices has been very large and trade slow throughout. Heavy receipts on most days have tended to make a bad situation wor: with the result that current are just about 6lc lower than thi a 8O- Representative sal Av. 203 sisizxip e (g slizessi s2p is:Bee 2n8222008882882828TuEEEREY FEEEE 5 practically | deserted today, as is y the case on & Saturday, aud prices remained nominally steady. “'he week's supply has been & few thou- sand head larger than last week’s run, but ller than receipts during the Most of the ship- ments have come from different Nebraska sections, the run of Colorado lambs having stopped abruptly. Wooled lambs of good quality are still coming in freely, but the shorn end of receipts is steadily increasing, almost & third of supply consisting of shorn_stuff. . Under the influence of a broad and ac- tive demand at the opening, prices on all kinds of stock were marked up consider- ably, but fairly liberal receipts on Wed. nesday and the feeling in packing circles that local prices were t0o lofty us com pared with other points, brought about & reaction and much of th ly gain was lost as a result. A keen mand Thurs- day and Friday produced moderate ad- vances that carried good grades of sheep d lambs almost back to the high point the opening. Current quotations a Just about 10@15¢ higher than & week ag n Wwith well-fatted shorn and high e:clinl wooled lots showing the full ad- Shorn_sheep and lambs are quotable at 00 per hindredweight lower than simlia q\.l“&l’wl'l shipments. The fol- Lgvhl =|}au 08 &pply (0 the latter class ‘Good o 9.50010.00: ? ..m ) H0a10. g*"‘i §ood Besvy 00d S gt |t L wethers, SE00Q8.35; fair to ¥7.60098.00; good to cholce air to good ewen, $6.75@7.60. VE STOOK MARKET | Cattle Market fteady—Hoss ported Lower—Sheep Weak. RS 2 M R Giealt . Apr — beeves, $.00008; Tex $4.8006.35; western steers, $6.00G:0.5; stockers And feed ers. §. d heifers, $2.76@7. %!V". X kot 100 Jower} IiEht marke ower; 0@9.95; heavy, §9.009. 00d to cholos heavy, 3. $.26610.00, bulk of sales, 9. SHEEP AND LAMBS—Re: mated at 15,000 head; market w 3; western, $.0008.40; v 5.0, lambs, nat 5975, W Kansas City Grain KANSAS CITY, April 16—CATTL celpts, 200 head; no southerns; market steady; native steers, $6.6068.25; southern steers, $.25G8.00; southern cows, §3.60G5.75; native cows and_heifers, $4.0007.60; stock- ers and_feders, $4.50G86.80; bulls, $4:00G6.00; calves, $3.76G8.00; wentorn steers, $.7548.00; western cows, $4.0006.%. HOGS—Reoeipts, 1000 head; market sqioc lower; bulk, $9.00@9.75; heavy, 39.10G9.8 packers and butchers, $0.60g9.90; light, $.% @9.70; pigs, 00. LAMBE—Receipts, 1,00 £00d to_eholce g00d wethers ewes, §7.5008. CHICAGO LI Ree riings, estern, $8.5009. SHEEP ' AND head; market steady; muttons, $6.50@8.50; lambs, §8.2509.75: fed western wethers and Jeurlings, §7.0009.10; ted western ewes, 3.0 New York Live Stock Market, NEW YORK, April 16.—~CATTLE—Beeves, receipts, 1,78 head. Nothing doing In live cattie, feeling steady. Dressed beef quiet but firm. Exports, 160 head cattle and 3,708 quarters of beef. CALVES—Receipts, none. Market nom- inally firm; dressed calves, firm; city dressed veals, 9@ilbc; country dressed, 8@ 1230, HOGS—Receipts, 2,681 head. Market was nominally steady at $10.40%10.65. SHEEP AND LAMBS—Receipts, head. Sheep, nomi unshorn lambs, §i lambs, $8.50. St. Louls Gemeral Market, ST. LOUIS, April 16.-CATTLE—Recelpts, 3000 head, inciuding 150 Texans; market steady; native beef steers, $7.50@8.50, cows and heifers, $3.5097.66; stockers and feeders, .006.00; Texas and Indlan steers $1.000 .00; cows and heifers, $3.006.35; calves, in carioad lots, $3.60@8.%. HOGS—Receipts, 4,000 head; lower; pl and lights, $9.80@9." $9. 10.00; butchers and best @10.00. No sheep. 4,506 market 50 packers, heavy, 9.8 St. Joseph IAve Stock Market. ST. JOSEPH, Mo., April 16.—CATTLE. i ‘market steady; steers, .00, cows ‘and heifers $3.2506.50; calves’ $4.0067.60. HOGS—Recelpts, 2,200 head; market, 5@10c lower; top, $9.80; bulk of sales, $3.66@9.75. No sheep on sale. Stoek in Sight. Receipts of live stock at the five princi- pal western markets yesterday: ttie. Hogs. Sheep. 143 5763 o 2,640 OMAHA GENERAL MARKETS Staple and Faney Produce Prices Fuare n BUTTER—Creamery, No. 1, delivered to the retail e in 1-1b. cartous, 33c; No. 1, in 60-1b. tubs, 82%c; No. 2, in 1-lb. cartons, oo in, §-10. tubs, M [packing stock, solid pack, 19%« , In b. tubs, 2 rket hanges overy Cuesday. Cl ESE—Twins, 17%c; young America, 18¢; dalsy b lMmberger, 18c; No. 1 brick, 1. block Swiss, 22¢; jm. ported ' Bwiss, ¥c. (LOULTRI-Didssed brollers, 0.0 dor.; " storage, i _Jor fr prings, I i 00 ducks, 18c; gecse ; turkeys, pigeons, per dos., $1.20; homer squabs, $.00 doz.; fancy -mlux g""f' 2" b5 34 lome, 4e; 1% 1o 5., 4Bc; ibey Mo e b Toosters, 9ikc; young Tooster: 3 \l:!-kold full feathered, lic; geese, 1 feather $0; Lurkeys, 1sc; g:lnel fowls, 25¢ each; pigeons, 7ic per doz.; homers, # per dox.. squabs, No. 1 83 per 0z. FISH (all frozen)—Salmon, 1lc; plekerel, ; whitefish, 13c; plke, 10c; ¢, Bic ish, 18c; large crapple: Spanish’ mackerel, 1sc; 18c; flounders, 12¢; frog I Frésh ~catfish, 18] trout, 13¢; buffalo, Y¢; halibut, Se. FRUITS—Strawberries: Texas and Louls- fana, 24-qt. oas case, $3.60; 24-pt. cases, per case, Oranges: California Camelia brand land Naveis. 50-96-113 sizes, box, $2.76; 126 size, per box, §2. 160-176-200-216-20 sizes, per box, $3.%5;" other brands from Riverside and other dfstricts, box, $EUQLN; 8 96-112 sises, per box, Lemons: Limoniera, extra fancy, sizes, $5.00(%5.00; choice 00-360 sizes, box, $4.50; size, 500 per box less. ananas: Fanoy select, 2.60; Jumbo, bunch, Florida, 46 size, §$5.00. Apples: Ben Davis, per bbl., $3.%5; New York Russets, medium size. per bbl, $3.50; California fancy W. W. Fearmain box, fo10; California extra fancy W. W. Pearmains, Red Wood bra vd, per box, $2.25; extra faucy “‘olorado_ Jona- thans, per box, §2.80. Cranberri: Dk 300- be winter stock, per bbl., 00@S. Anchor brand, new, 80 l-‘%. per boi 00. *igs: California, 1 VEGETABLES—Irish Potatos sin and native, r bu., 40@60c; Colorado, per bu., 50@60c. 1 gia Combager W sas, r bbl, $L90. ‘abbage: Wisconsin, Hollaha seed, per Ib., 0. Celer or !’lorm-‘ per 12- Red, per 1b, Sc; crate, $4.76. Old veg: rots, beets, turnips, in sa , per Garilc: Extra fancy, white, per Ib., red, per Ib., lée. NE SOUTHERN. VEGETABLES-— Radishes: Per dos. bunches, 5c. Turnips: Per doz. bunches, e, C: Per doz bun fc. _Shallot bunehe VEGETABLES Extra- fancy home grown, per doz, bunches, Sc. Lettuce: Extra fancy head lettuce in hampers, Buwgt. Parsler: Fancy home grown, per % bunches, 40c. ubarb: _Per 'doz bunch 6c. _ Asparagus bunches, 76c. Green onlons: No. 1, per Ib,, 16¢; Ci per b, 1% Hickory nuts: per b, do; per 1b., Be. Co- i _Per sack, $5.00; r doz., €5c. ~COTTON~Market ket opened steady at an advance of 1G4 points on overnight buying orders, although the cables were slightly disappointing. Europe was a buyer early, but bulls gave prices no aggressive support, and the mar- ket soon eased off. Reports of too much rain in the central belt Imparted a rela- | tively steady tone to the new crop, how- | ever, and prices rallied on covering. LIVERPOOL, April 16.-COTTON-—-Spot in limited demand, prices 12 points higher; American middling fair, 8.37c; good mid- dling, 8.07c; middling, 793c; low middling, 7.8%¢; good ordinary, 7.57c; ordinary, T | The 'sales of the were 7,000 bales of | which 500 were for speculation and export | and inelude 6,700 America ST. LOUIS, April 15. middling, 14%c. Sales, 760 bales; receipts, 1282 bales; shipments, 1364 bales; stock 38,876 bales. NEW ORLEANS, April 16—COTTON— Spot closed unchanged; sales on the spot bales; to arrive 8 bales. Low ordinar: 11%ec, nominal; ordinary, 116-16c; good or dinary, 18%c¢; strict good ordinary. 13%c: | low middling. 14 1-16¢; strict low middling, 146-16c; middling, 14 8-16c; strict middlin, 14%c; good middling, 14 15-16c; strict good middling, 15%c: widdling fair, 15%c; mid dlipg fair to fair, 16%c; fair ‘16c, nominal Recelpts, 2,972 bales; stock, 118,892 bales. Frults. NEW YORK, April VAPORATED APPLES—Quiet but best grades are firmly held; on the spot, fancy s quoted at 10c, choice, 8G8%e; prime, 8%G7c; common to fair, 5 DRI FRUITS-Prunes are gulet ‘lnd berely steady, quotations range from 4o for Californias up to 30-40s and for Oregons. NEW YORK, Api My Marke L BRNA AR AR N ) . pacl o , onts, Alfaifs, $1200. The su -y :'-'; s much heavier than' the nubody wants (0 buy the ~auality, p P SOTTON—Steady; | | ernments and UPWARD MOVEMENT INWAGES ‘Increl es Announced by Big Co!&em | a Hopeful Indication, EXFORTS OF GOLD TO INCREASH Reason for Sending Many Milltons Abroad Pxplatned by New York Banker—Neglected Trade with Soath America. BY . ADAMS E . April 16.—(8pecial Dispatch to The Bee.) tWo, AL least, of the groats oot industries in the United Ntatea it would appear that wages are at last to respond to the increased cost of living, The Penn- sylvania raiiroad set the fashion in that line by & volutary increase In the wages of its employes of 6 per cent. The other roads are follawing some of them, It may be siid In_passing, with more or less reluctanoes and only after strikes had been threatened, Then the United States Stecl oration, | perhaps the great single employer ol labor in the country, it {s announced, 18! planning a general raise in the pay of Its army of 220,000 employes. Doubtless other) great employers of labor will follow sull and the men who work with their hand: will get some part of the general prowe perity. The cotton mill employes will not sher in this upward movement. This |s due, however, to the scarcity of cotton and the high price of the raw materiul with which | they . work. It s estimated that in the/ cotton yarn mills of the country fully % per cent of the machinery is ldle, and the cotton cloth mills are curtailling regulariy 12 per cent weekly In Fall River, and a much larger percentage in southérn milk centers, where the coarser goods are made, The knit underwear mills have been cure! tailing for some weeks, while the miscel laneous users of cotton, such as the ups holstery mills, web manufacturers = and others, have n curtalling irregularly foj the last four mont This situation has by the inability of merchants to securs prices for finished goods pmmensurate with the high value of raw ootton. season cotton sold in the neighborhood of ® cents per pound, while, roughly speaklng this season’s orop has brought from 14 cents to 15 cents per pound. As the ere| age price of the crop for the last few years | has not run much above Il cents, ron, sumers of cotton goods have not been wille Ing to meet the added values forced by the( cost of production. he American cotton manufacturer hl‘llj tates long before disorganizing his work« ing force, because, unlike his English come | petitor, & curtailment in the country res | sults in a distribution of operatives oves | & wide territory and a quick disorganiza< tion of & working force results Gold Exports Certain, | That very considerable gold exports are, certain in the near future is generally ads mitted. Already the outward movement has begun and it will Increase for some, time to come. This is due to the steadily decreasing margin between our exports and, { imports, ,the great amount of money taken abroad by Amerlcan tourists and the rub- ber speculation in England, which has dis vested much money which otherwise would, have gone into American securities, Vice President John E. Gardin of the National City bank, is generally accepted as an expert on matters of forelgn ex- change. Ije says: “Up & the close of 1909, we had exported $130,000,00 in gold. So far in the year 1910 we have exported $9,000,000. Wo would have been on the gold export basis to quite a considerable extent since them, had it not| been for the fact that, owing to the plethora., of money abroad, as well as here, various | corporations deemed the time opportune to | issue new securities, and these all being ! more or less of a high-grade character, | giving a falr return of interest, Europeas capital was attracted thereby and acquire ! t been brought and quite an important amount, estimated, variously at from $150,000,000 to' $260,000,000. *The bugdet difficulties in England, hov ever,” are having thelr effect by enhan ing the value of money abroad. Consee quently the taking over of securities on th part of Burope may possibly be brought to & halt and the result will be that he may expect gold exports between now and th ond of the fiscal year. However, algns are’ not lacking that perhaps this may be, oounteracted by the export of merchanddee, notably cotton. The price of cotton now, of course, s rather high, as well as other ex- ortable commodities, and thie has so farn B uitetrns tomart warmal consump-| tion on the part of Europe, but with thi new crop coming in, no doubt a markes will be made for the stocks now on hand which are reported to run into quite ims portant figures. ) World's Output of Gold. “The output of gold by the mines of the world for the calendar year 1609 is estimated to have been approximately $460,000,000 or an increase of about $16,000,000 over that off the product for 1908. Africa leads in the world’s production of gold for 190 by an output of about $170,000,00, an increase over that for the calendar year 1903 of, $4,180,000. The United States occupies the #econd place with a product of $09,200,000, an ine orease over that of 1308 of $4,670,000. | Repeated efforts have been made fromy time to time to show the disposition of the world's product of gold, but it is very hard to arrive at accurate figures. Tt is esti- mated that of each year's product of gold from 44 to B0 per cent is converted into | ourrency, while the balance is used in the | arts and exports to the east. There is no doubt that increased production of gold has a tendency to increase the price of commodities more or less. This 18 shown by a comparison of the prices prevailing during the perlods which the production of gold was increasing ‘with those of the perlods when the production was diminish- ing. The demand for gold by the different| countries of the world appears to be in-| satiablo and it is absorbed as rapidly as {8{ produced.” Heavy New Chpitalization. New companies Incorporated in the easts ern states in March with an indlvidual aus thorlzed capitalization of $1,000,000 and over, as well as increases in capltal, involved $371,600,000, the heaviest monthly total fin years. 'In February the figures wers 8l 468,000, and in March a year ago, $0,250,000, Charters taken out by other 'companies with an individual capital of $100,000 ghd over, including other states than those the east, brought the grand total up oy $473,716.040, against $225,102,500 in February, and $104,998,000 in February, 190 Imports of India Cotton, About 7,000 to 8,000 bales of Indlan cottony have been brought into this country and| distributed in small trial lots to various southern mills, Although it has proved satisfactory, in the opinion of one of th leading cotton men of this city the fact has no special significance and s not likely to occur again. The authority explains that this fmportation {s undoubtedly due to the high prices and small crop of American cotton, and the extra large supply of good Indlan cotton. Indian cotton is used for coarse yarns bes cause of its short staple five-elghts ta three-quartrs of an inch, and is good and | clean. In the rough it is mixed with Amers fean cotton and used for blankets. he American spinning machines are not as close set as those used in other coun. tries, hence outside of Indla Indian cotton finds better market in Europe and Japan in Americs than b e Wiin South America. es H. Spencer, an American, Who in 11 the® fmporting business in Sentiag Chile, and whose father went down to found the business forty-flve yea ) |18 in this city, and he says he has come up 0 show just why American manufacturers do not compete in South America with the Fnglish and the Germans to the extent ought to | hek Cuk D apialists and our enterprising manufacturers would dedicate the time, attention and money fo steamships, to Banks. and to looking into South American conditions that the Germans, English and Touropeans do generally, they could get all the trade they desired down there,” sald Mr. Spencer. “As it is the Europeans hava, been for many years meeting the cond tlons exacted by the South American gove the public, and they have | profited “As for shipping, the Am: 1ittle about the export busine: over their consignment to an steamship company, Rt & little recefvt for it and expect it to Ko to its destination all right. whereas it is the case that no goods can be extracted from the customs down thope without a consular invoice and & bill of lading. Herbert E. Gooch Co Brokers and Dealers .:‘-5 PROVISIONS, .,‘.%.‘.s’:fl.l‘ e A-31291, Oldest and o ! fcans know | They turn press or &