The San Francisco Call. Newspaper, January 1, 1898, Page 10

10 THE SAN FRANCISCO CALL, SATURDAY, JANUARY 1, 1898 COMMERCIAL WORLD. SUMMARY OF THE MARKETS. Stlver off again Wheat and Barley quiet. Oats, Corn and ‘Rye unchanged. Larger receipts of Hay. Bran ‘advanced 50c. Beans quiet steady. Increased consumption of Coal. Linseed Ol advanced fc. Fresh Fruits unchanged. ves unchanged; Onions firm hern Vegetables rather weak weak; eggs lower and firme Fruits show some change. sions inactive. Meat market- steady Increased coinage of the Mint. Heavy gain in bank clearings. Butte Turkeys soid fairly; gami THE COAL TRADE. REVIEW OF THE PAST YEAR AND PROS- PECTS FOR THIS. The annual circular of J. W. Harrison thus reviews the coal trade in I el consumption of California this 3 is about 7 per cent greater than in 15%, which evidences that the outgoing year has n°a fairly profitable one for some of our anufacturing branches. umers were fa- vored ‘with low 1 the first half of this year. but the y tariff went into ef- fect in July, caui an advance on all grades equal to: the change of duty: this change cuts a small figure with housekeepers and small consumers, but it is serious detriment. to those - Industries where fuel is the principal factor In their expense account. from Australia and Great Britain have ruled high for several months past, thus aiding to sustain full figures, as our coast colliery man- agers regulate their scale of prices by the im- port cost of Colonial and F h; hence this year has proved a very profitable one for our Northern coal flelds. It is a query how the Jocal coal markeét will shape itself in 1898; there is no doubt as to the abllity of British Columbia and Washington to fully supply us with all the fuel we may need, in case for- eign shipments should diminish, but the ear- marks are visible of probable labor troubles when the Klondike exodus commences, and the writer predicts that all grades of laborers will catch the fever. Even if no. trouble emanates from that source, there will certainly be & sparsity of vessels for transporting coal, as théy will assuredly drift into the more profita- ble business of carrying freight and passen- gers toward the Alaskan gold fields. It is true this will last for only a few months, but of sufficient duration to materially affect fuel | values within that brief d. Prudential managers should provide against such contin- gencies; a lack of foresight is sometimes costly. The various sources from which we have de- rived our supplies are as follows: 596 British Columbia . Australia ... nglish and ‘Wel Eastern (Cumberland Anthracite) ...... Seattle, ' (Franklin, Green River, etc.) ....... § Carbon Hill, South Prairie, etc 2 Mount Diablo and Coos Bay 11 Japan, Alaska, etc . Totals As it is necessary Los an accurate statement of the consumption of coal “in-the State, 1 have added these in the above sources of supply. The total amount re- ceived by ‘water at thése two points aggre- 50 1,601,540 to include deliveries at Angeles, .also at San Diego, ta arrive at gates 1 tons. COKE--The total deliveries this year have been 30,320 tons, 5812, tons. less than 1896—2573 tons ‘came from British Columbia, and 1889 tons from ° Australia; these are two new sources of supply for this market. ON—The total imports of pig.iron 421" tons—3505_tons from England, the balance was Eastern. Prices this year were the lowest on record, and it is singular that any foreign can be imported unless at a loss, h inal cost -is higher than American. ~Only 158 of forelgn scrap iron were imported: there e 1116 tons received here last year. In 1882, .113 tons were received; the low price of pig iron causes the shrinkage.in consumption: As the rainfall is a marked factor in estab- lishing the. freight rates on coal from all for- eign sources, it is yet too early to predict its effect on the 1808 coal market. ~Our experience has taught s that a ‘copious harvest signifies liberal .shipments of Australian and English coals at a 1ow. cost delivered here, thus bene- fiting ‘our manufactories and industrial inter- ests. BANK CLEARINGS IN 1897. THEY SHOW A MARKED INCREASE OVER THOSE IN 18%. Local bank clearings this week were $15,- . against § 1338 for the same week in For the month of December they were 119,751, against $61.627,79% in December, 1896. DEFIED THE BOARD. THE BROKERS The edict of the directors of the Produce Exchange that the brokers should not be al- lowed to celebrate the close of the year with bombs and firecrackers ‘was atterly disregarded sterday, for after the sample session was over the fun bro out in several places d demonium ensued. The usual crowd was attracted to the spot.by the uproar and oke, and for an hour or so that part of town the noisiest quarter of the city. A $20 is apparently nothing to a Produce Ex- change broker. ; COINAGE OF- THE MINT. The, coinage of the local mint for the year 1867 shows an increase of nearly $4,000,000. The total gold coined was $33,522.500, of which $29.405,000 were double eagles,. $2,347,500 in_eagles and $1,770,000 in half eagles. Tne total silver coinage was $6,561,791.65, which $5,825, e half-dollars, $; $124,284.40 dime: silver, $40,084,201. WOOL TRADE LAST YEAR. of tandard - dollars, $486,950 quarter-dollars, and making a total of gold and Robert J. Morrison gives the Wool crop of California last vear at 32,534,230 pounds, the smallest production since 1887 except in 1896, when it fell to 27,19,50 pounds. The spring clip was 19,163,030 pounds, the fall clip 11,175,- 560, and there was 2, 40 pounds of pulled wool. The stock on hand December 31 is given at 8,000,000 pounds. The exports were over 29,000,000 pounds. SALMON PACK IN 1897 The pack of salmon on this coast in 1897 is given by a local trade journal at 2,929,200 cases, against about 2,300,000, cases in 1896, distributed as follows: ~Alaskan, $56,800; British Colum. bian, 985.000: Puget Sound, 423,500: Columbis River, other Oregon’ points, 68,700; Sac- ramento River, 42,500 PRODUCE EXCHANGE SALES. The call sales on the Produce Exchange dur- ing the first six months of the current crop year were 1,902,500 tons of wheat and 117,000 tons of barley. O Clear ® Partly Cloudy @ Cloudy ® Rain® Snow, D AREAS SHOW PRECIPITATION sngl.?glNG PAST 12 HOURS % EXPT,ANATION. - The arrow flies with the wind. The top fig- ures at station indicate maximum temperature for the days; those underneath it, If any, the amount of rainfall, of mel 10w in ‘i and hundredths during the ‘twelve’ hours. Coal freights | ving $¢ per ton’ duty to pay, and its orig- | Isobars, or solid lines, conneot polrits of equal &ir pressure; isotherms, or dotted lines, equal temperature.. ‘The wind ‘high” means high barometic pressure and is usually: accompanied with fair weather; “low" refers to low pres- sure and Is usually preceded and“accompanied | by_cloudy weather and rains. - ‘“Lows'’ usually | first appear on the Wasiiington coast. - When the pressure is high {n-the interior and low along the coast, and the isobars extend. north | and south along the. coast, Tain is probabie; but when the “Jow'’ is inclosed with lsobars of marked curvature, rain south of Oregon is im- probable. - With a *high* ‘in ‘the vicinity of t 1daho, and the pressure falling to the Call- fornia coast, warmer weather may be expected in summer and ocolder weather in-winter, reverse of these conditions ‘will produce an opposite result, 1 THE WEATHER BUREAU. (20th Meridian—Pacific Time.) San Francisce, Dec. 31, 5 p. m. The following are the rainfalls for the past twenty-four. hours. and seasonal rainfalls. to date, as compared with those of the. same date last ‘season: Past - This _ Last Stations. 24 Hours. Season. Season ]Eureka P o 15.37 22.06 | Red Bluff . 0 6.06: 1148 | Sacramento 0 4.28 6.4 | San Francisco 0 4.07 110 | Fresno: ... 0% [ 1.99 400 | San_ Luis Obispo 0 138 774 | Los Angeles . 0 2z s San Diego . o 14 4% Yuma . 0 0.5 198 San Francisco temperature: Maximum, 62; minimum, 46; mean, 54. WEATHER CONDITIONS' AND GENERAL FORECASTS. An area of high pressure overlles the west- ern portion of the country. Over Wyoming and Southern Idaho the pressure exceeds thirty and eight-tenths inches. . During the past twenty-four hours there has been & fall of about two-tenths of an inch over Northern Washington and Vancouver lsland. The temperaturs has remained nearly sta- tionary west of-the Rocky Mountains, - It has fallen rapidiy in the upper Missouri Valley. No rain has fallen on the Pacific Slope. The following maximum wind velocities are reported: Tatoosh, 60 miles per hour from the east; Fort Canby, 48 miles per hour from the east! Yuma, twenty-six miles per hour from the north. New Year's Day will probably be fair and little change in temperature over the greater portion of the Pacific Slope. Forecasts made at San Francisco for thirty hours ending midnight, January 1, 1898: Northern California-—Fair Saturday; = light northerly winds. Southérn California—Fair. Saturday; - light northerly wind: evada—Fair Saturday; h—Fair Saturday. Fair Saturday. San Francisco and: vicinity—Fair ‘Saturday; | northwesterly changing to easterly winds. Special rejort taken from Mount Tamajpats, taken at 5 p. m.—Clear; wind east 6 miles; temperature, 59; maximum temperature. §6. ALEXANDER McADIE, Local Forecast Oificial. EASTERN MARKETS. NEW YORK STOCK MARKET. T Arizo NEW YORK, Dec. 3L.—To-day's market for | stocks was very dull, and net changes for the | most part were trivial and are divided among gains and losses, without much sem- blance of consistency or order. -The local traction securities were -the. favorites, as has been the case for many days past, and they rose at one. time sharply above last night's level, under the beliel that they would bene- fit even it the proposed rapid transit project was consummated. Sugar Was aiso a strong feature und rose at one time liz, but held omy a traction of that amount. News this morning trom foreign exchanges dissipated all apprehension caused by yester- day's reports that the British Naval Reserves liad “been ordered out. British - consols ad- vanced a fraction in London, an unfailing barometer of -a peaceful outlook. ~The firm- ness of the wheat market ‘also relieved the uneasiness in speculative circies over the aut- come of the great December deal. The bank statement was disregarded, s it 15 .50 In- volved with the Union Pacific operation as 'to offer no indication of the. drift ot general -con- ditions.. - The -somewhat -contradictory firm- ness of money. and . hardness ot -forelgn - ex- | change continued to-day,: though . both "mar- | kets “were” very" dull. “The Sub-Treasury had $1,446,742 ‘to_pay at the Clearing-house to-day, The | and the undertone of speculation is' unques- tionably strong. “If the market was apparently. insensible to. favorable developmerits, such as the generally good returns of net railroad earn- ings for November, it was also quite. unmoved by disturbing rumors like that .of ~Secretary Gage's alleged resignation, or the - stories pointing to war involving the European pow- ers and Japan. The bond market has Leen less active, but prices for investment jssues hold firm_and-dealers in municipal and other high =upply to meet the demands. .Toward the end of the ‘week the market -was, if anything, dutler. £ . 5 The absence of any disturbance in the money market had a good effect on the ‘speculative tone, but falled to encourage any. activity. MONEY MARKET. NEW YORK, Dee. 31.—-Money on call firm at 3%@4 -per cent; last loan, 4; closed, 3%@G4 prime mercantile paper, 3%@4% per cent; si ling exchange dull and easier with actual busi: riess -in bankers' -bills,. $4 $i%@4 843 for de- mand, and at $ 82 for sixty davs: posted rates, $4 §204@4 83 and $4'3515@4 86; commercial bills, $1 514 81%; silver certificates, 57%@58%c; bar silver, 574c; Mexican dollars, . 46%c: Govern- ment ‘bonds "frregular; State bonds dull; -rail- road bonds strong. 2 CLOSING STOCKS. Atchison 12% St P & Om 6% Do pref .. 30.‘:‘ Do - pref s Balt' & Ohio BY 'SP M & 1213 Can Pacific $liy. 80 Paeific 2015 Can - Southe 51% So Railway 9 Cent” Pac - 1% - Do pref 2% { Ches. & Ohio. .22, Tex & Pac 1% Chi, & Alton. ....162% Union Pae 0k C B & Q. .99 U P D& G Chi & E IN...... 5215 Wabash .. €.C.C & St L.... 24%! Do pref Do pref ......s 78 |Wheel & L'E. Il?»:} i Huad . ity go pref 6.“ & W. » 1559 Xpress. mpanies— Den & R G..ccoo 11 |Adams Ex . 159 Do pref ........ 4% American Bx ..i. 115 Erie (new) . 1415 | United States 39 Do_1st pref .... 38%|Wells Fargo .. 10 Ft Wayne . . 1683 | Miscellaneous— Gt Nor pref .11 130" [A" Cot Oll Hocking Val ... 5%| Do pret Il Cent ... - 103% | Amn Spirf Lake Erie & W.. 16%| Do pret Do pref . 7 Lake Shore . Louls & Nas Manhattan L . Met St Ry. Mich Cent ... Minn & St L. Do 1st pref . Mo. Pacific Mob_& Ohio Laclede Gas Mo K & T. £ {Lead .... .. Do pret .......0 3%| Do pret Chi Ind & L.... $i Nat Lin Oil Do pref . {Or 1mp Co .. N J Cent . Paeific Mail % Pullman Pal . | Silver Cert tan R & T Sugar ... g | Do pref No Amer o . 4%|T C & Iron .. 2% No_Pacific 21% | U_S Leather % Do pret | Do pret 61% Ontario & W 15% | T_S. Rubbes 16 {Or R & Na 55| Do pref & | Or Short Line ..°.15 " | West Unio 18 {C& N W | Reading . 22| Do pret | Rock Islan YISt L& SW StL &S F. Do pret Do 1st pref . R G W Do 24 pref [... 2% Do pref St_Paul . - 945G IChi G W Do pref . - 13215 | Haw Com Co CLOSING BONDS. U S new 4s reg.. 128 (N J C 58 Do _coup 128 N Carolina U Sds .. 12% Do 4s No Pac Do 3s Do ds . NYC&St 106% Nor & W 6s...... 12 Northwestrn con. 145 Do deb s O Nav Ists again reflecting the continuing - replénishment | of the money miarket from that source. There | was a disposition -to_make much ‘of the ex- | ceedingly favorable November statement of the Pennsylvanta system. - The . increase. in gross earnings for the whole' system over No- | Vember of -last year. was $1,492,400, .and - the | increase in net was_$759,300. | The week has been one of duliness. on the stock market, and, outside of - few Specil- ties of -a highly speculative. character, almost | apathetic. - “Trading has been -in ‘the hands of . professional -room-traders, ‘and outside -in- | terest has been insignificant.. . Varlous causes have contributed to. the dullness.: The holiday. season -has -kept: marny dealers -out _of. the markets. . Dealers i the - markets have - the habit common to all -business men 0.’ closin up all' accounts” with the end of the :year-a far as possible and of -taking -account .0f. bu: ness before -entering -on- new ventures. : There has been liquidation “of speculative - sccounts during the week .In: accordance . with, custom, the effect. of: whicli has been chiefly felt in the speciaities recently” the favorites in | speculation. | Profit-taking in_stocks of. lo¢al ‘corporations caused some sharp recessions. in’ values,buf later developments have resulted: in. recov ies. The decisive factor in restricting. specu- | lation, however, has been -the stiffriess of the | rates for money and the apprehension thit has | grown less and less as the week progressed. | Monday’s payments to the Government by.the.| Union Pacific syndicate of - almost . $5:500,000 necessitated an extensive shifting ‘of loans and consequent disturbance of the money. market, which even the elaborate precautions-of ‘the banks and the Government weré- not ‘whoily averting. Of the Union Pacific - payments $4,000,000. was left on deposit in New -York banks and the $4,500,000 paid into the Treasury | was more than offset by amounts paid out -on account of Pacific bond redemptions on - Mo day and Tuesday. The money market -has been replenished by additional amounts on this account each day of the week, -and- although rates for money have been pretty stiff, there has been no stringency. The hardening of. ex- change, which became pronounced .on Thurs- day, reflects the confidence that rates for moriey will work to an easier basts soon after the first of the year. Export estimates of- the amounts to be disbursed on January dividends and interest make them for New York, $90,000,- 000; for Boston, $15,000,000, and for. Philadelphia, $10,000,000. In’ estimating the - future of ‘the money market other facts can ‘be considered. The Government has deposited in' New York banks over §33,000,000 of the Union Pacific pay- ments. It is not intended to draw upon any of this for the Government's January. fnters est payments, which will be made in cash; thus offsetting the final payment of the Tnion Pacific syndicate, which comes due on Jan- | uary 5, and which amounts to $5,500,000. The Government deposits will be left fn New York banks until they desire to surrender them, which, in the natural course of things, will be a$ soon as the money market sho a tendency to become easier. The season's enormous trade balance in our favor has left us large credits abroad, which are available resources in the event of any great need here. But this balance has been modified by the ceipts in San Francisco since August 1 of $1 75,000 in gold from Australia, which large Tépresents payments of Australian indebted. ness. to England by payment of England's debt to us. Tt is further modified by sales of foreign holdings of American securities and by dividends and interest to be paid on securities still held by foreigners, both the items being Yery difficult to" estimate. Prices generally outside of a few of the specialties are lower on the weeki e Bond market has shared in the dulln of the Stock market during the week, bt prices have been held firm -or have improved. U. 8. #'s, both the new and the:old issues, are % lower bid and the & % lower. otal sales of stocks to-day, 156500 sha: including: C. B. & Q. 10.425; Manhattan 5 58%: Northern Pacific onreferred, & Rock sland, 3125; St. Paul, American - 4035; Sugar, 21,155, gty o LONDON MARKETS. NEW YORK, Dec. 31.—The Evening Post’s London financial cabi x:am says: ‘Business in the stock market to-cay was restricted by the fact that it will be a holiday to-morrow here and on the Continent. The tone, however, was good, and full of promise for the new year, although politics are an important factor. ‘The markets of which the highest hopes are enter- tained are mines, Argentines and Americans. Tlgh‘]lllel' :c;e featureless to-day. na an japan stocks are on the 4 grade. ‘Turkish stocks were strong in Pl:-r'lg support, and copper stocks were good for the same reason. Further large loans were made by the Bank of England to-day, and the market owes the bank over 12,000,000 Wur:.g:. Pretatly REVIEW OF THE STOCK MARKET. NEW YORK, Dec. 31.—Bradstreet's Financial Review will say to-morrow: Aside from the activity of some of the local stocks there has Dbeen little in the market entitled to descrip- tion. A holiday feeling prevailed throughout, ana in the early portion of the week the contin- uance of slightly higher rates for call loans and the fear that a flurry might occur in the money market before New Year's day tended to still further restrict trading. Loridon has sold a little stock, but the market there was { }.closed “$4c. with the New Year uumuw\L Do Currency ... 100 Nav 4s Atchison 4s .. » S9% 10 S Line 6s tr.... 123% Do adj 4s « 585 .0 § Line & tr.. S3% Can So 2ds . 1085 O Imp ists tr.. Chi Terminal . 463 | Do 5s tr .. C & Ohio 58 113 Pac 6s of 9 CH & D 4%s. 104% Reading 4s .. D & R G 1sts. 4 D& East Erfe F W Gen 1004 Do b8 .... G H . 105 " 8 Carolina noi Do 1101% | So Ry 58 H & 12 Stan R & Do 106 - |Tenn new set 3s.. 90 Towa 99 y!l" & P LG Ists.. 9% Kai 84% Do .rg 2ds 28% 115 [Unlfln Pac 1sts 103 101% .U P D & G 1sts. 49 £73; Wab 1sts’ 58 * 100 Do 2ds 83 |'W Shore 4s < 36| Va Centuries <. 118 " Tio deferred MINING STOCKS. Chollar. .; - 30 Ontario . Crown. :Point ... 36 Ophir - € Gon ‘Cal & Va.... 115 Plymouth 12 Deadwood.- : 957 Quicksilver .5lue 100 Gould & Curry- 35"-Do: pref. 900 Halé & Norers.... 150 Sierra Nevau [ ‘Homestake ...... 37.00 Standard . 15 Iron. -Silver % - 40 tnion Con 20 Mexican -, £ 36 Yeéllow -Jacl Déc: 3L—Atchison, 12%: ‘Bell. Tela- . 2621 Burlington, 99%; :Mexican-. Central, 4; “Oregon Shart Line, 1512: San . Diego, ——; B& M M0%; BU& B, 2%, NEW YORK GRAIN AND PRODUCE: {EW YORK. :Dee. " 8L—FLOUR—Reeipts, | 33,333; exports, . 26,684 ‘bbl&. Neglected and nom- inally ‘unchanged. - WHEAT—Recelpt; bushels.- .. .Optioris by, oni. fair ‘cléar-: @nces and - active covering, -were ifregilar in: the aftérnoon, with some realizing; and closed firm.on a fenewed demand from shorts at %@ I¢ . het advance. . Neo, -2 red’ May,. 3%@M%c, HOPS—Steady. WOOL~—Steady. . PETROLEUM—Dull: = 2 PIG' TRON—Warrants steady;:$6-70 bid and $6 80 asked..: [ -. 2 3 > - LAKE- COPPER—Unchanged at $10 8 bid to $10 45 asked,” e Sophaiel :TIN=Firm; ‘$13 70. bid, 16 $13 80 asked. - . SPELTER—Unchanged, $390 bid; #4 asked. - LEAD-Steady, -3 70_bid; 875 asked; ‘brok- ers, 50. - COFFEE—Options . - Opened” _steady- ‘at ' um-: changed " pricés .to 5 points advancé on Buro- pean. buying: and Iocal -covering.. Improvemient | arrested by ‘selling by leading bear operator of ‘the seasoii-and: absence of pressure of -'n tices.” - Closed barely . steaily with . prices’ un- chinged to 5 points-net advance. -Sales, 12,750 bags, ‘including; March,: 36 9. _Spot. Coffee—Rio dull but ‘steady; No. 7-invoice; 6%¢: -No..7 job~ bing, T%c; milld,’ quiet; Cordova, §%@ 150, - SUGAR—Raw, “strong; -fair: refining, - 3%c centrifugal, 96 test,:4%c; refined, strong. BUTTER—Receipts, 3421 : packages; steady. \\‘esler;lc ‘creamery, 15@22c;. ‘Elgins, ‘22c;. fac- tors, 15¢; EGGS—Recelpts,: 4843 packages. .. Firm: slznsle and Pennsylvanid, ‘22@2%t%c; Western, 23 @ze. : : DRIED FRUITS. NEW YORK, ‘Dec. - 3L.—California - dried fruits, quiet but steady. ? g EVAPORATED: - APPLES—Common, . 5@7c: prime wie us.{,fi&e; Tt Aries, tsc; choice, c; ‘fancy, PRUNES—3@8c. 0% APRICOTS—Royal, 7@8%c; Moorpark, PEACHES—Unpeeied, 1@l0c; peeled, 12@: CHICAGO GRAIN MARKET. CHICAGO, Dec. 3L.—It was a typical holiday market in Wheat. - Notwithstanding the fact that it was settlement day, the session marked the close of one of the most gigantic deals in actual Wheat on record, there was not a trace of excitement either in the cash article or in the speculative futures. May Wheat was quite fifm at the opening, starting %c higher. T'he feature of the early firmness was the sur- prising strength shown by Liverpool, which showed 3:d advance. Some of the strength, too, was carried over from yesterday's war scare. After a little show of activity around the open- ing the market oegan to feel the effect of the holiday spirit and became exceedingly dull. It is calculated that the entire amount of con- tract grade wheat 1s now 8,000,000 = bushels, There were no shipments of Wheat from Ar- gentina this week. Beerbohm estimated that in consequence of having imported earlier in the season in excess of immediate consumptive re- quirements the weekly needs of foreign Wheat and Flour in Europe for the remainder of the scason would be 6,960,000 busheis, and @alcu- lated that the avallable surplus in exporting countries to the end of the crop year would nat come within 1,000,000 bushels a” week of sup- Dplying the requirements. The exports from the Atlantic ports were agaln surprisingly liberal, equal to 57,000 bushels. syne market became stronger on this, May advancing to S3ye. About 1 o'clock the price was down to 92ia@ 92ic on liberal offerings. There strength again developed and in the last few minutes’ trad- ing the price advanced to 92%c, where it closed. Nothing of a sensational ¢ e Veloped In the December deal. Allen-Grier were buyers of December and sellers of May at sc discount for the latter when any one could be found willing to make the The price of December held between 943c and 3¢ all forenoon. It closed the day before at 94ic. During the afternoon December sold as high a8 S6c 4 closell nma's’e. e orn_was_exceedingly . May o a shade higher. outug Oats were slow, though showing more life e than Corn. Thefeeling was firm . fol- utterly inactive on account of the firmness of | lowed by & deciine; the marker cmstas Tterty money and the possibility of foreign complica- | and unchanged. tions in connection with the Chinese situa- | Provisions were fairly active and very strong tion. Our own public has been indifferent to | throughout. At the close May pork was 26¢ the stock market, and commission houses were | higher, May lard 10c higher and May ribs 12%c at no time prominent in the transactions. Pro- | higher. Armour was a buyer in the last hour. Lessional ‘opecatond were to Some extent influ- Fhe leading futures Tanted ar totjons: en e exi e dul 88, o 273 SOy long. ""léf by such "6'3'"'2: e donn U S Articles. 10pen| High. [Low. |Close cessions in prices. such occasions, how. No. 2— ever, the beflef that a better market is liabi ; ween prime; $4@’ grade ‘securities generally. report a scareity. of | | than $20,000,006 held- Ly | Opening. aggregate of - all- failures; kriown, the Tiew contraces. for Anjsned _Cash quotations were as follows: Flour, firm. No. 2 spring’ wheat, &8c: No. 3 spring wheat T5@8%: No. 2 red, No: 2 corn, 27@2T%c; No. 2 cats, 2%@2c; No. 2 white, £. 0. b., 2450 24%e; No. 3 white; f.-0. b, ,28%@24%c: No. -2 Ve, 46%c: No. 2 barley, 1. 0..b., 27%@%c: No. 1 flaxseed, 1 15%@1 22:prime Timothy seed. $2 65; mess pork, per bbl, §7 §712GS; lard, per-100 ibs, $4.7212; short ribs sides (loose), $4 45@4 70; dry salted _shoulders . (Foxed), . $4 50@4 ©5; ~ short clear sides (boxed), 5G4 85; whisky, distill- ers’ finished goods, per gal, §1 19;.sugars;. cut 10af, 6.14c; granulated, 5.51c. 2 On the Produce Exchange to-day the Buiter market was. firm: creamerfes, 15@G2ic; dairies, 12@18c; cheese . quiet, 32 8@Si4c; eggs firm, fresh, Articles. " Recelpts. Shipments. Flour, bbls 15,000 S Wheat, bu . 78,000 - 300 Corn, bu . 368,000 55,000 "::m"-' inneapolls Duluth . Milwaukee . Chicago Toledo Detroit . “ Kansas City . Total ....veven Tidswater— Boston ... New York . Philadelphia . Baltimore New Orleans Totals o $33328 Ed Ftteia 3358y : Flour— Opening. Closing Wheat—~ 2ay !a‘ ]’ Clostng . » 8 § o2 Opening Closing . EASTERN LIVESTOCK MARKET. CHICAGO, Dec. 31.—CATTLE—The bulk of the offerings changed ownership at $4 30@5, the poorest beef steers selling at $3 50@4, and the best beeves at $5 30g5 40. = Stockers and feeders, 33 1064 25; calves were stronger, the best selling for $6 5. A go0d many fed west- ern steers sold at 80. . HOGS—Sold at an extreme renge of §1 §.50. largely at 3 4093 5. heavy packers fetch- ing S 3G34T%, and prime butcher weights selling for 33 60. Pigs sold chiefly at § 30@ SHEEP—S0ld at $2 754 7, chiefly at %@ :r;"-:’el'h‘:!rn fed louhpre:.oml?lun;asnd“ul e. m| sold at a3 chiefly at flw 75; some of the westerns be- Yearlthgs sold at $4 60 and $4 $5. Cattle, 3000; hogs, 25,000; sheep, KANSAS CITY. KANSAS CITY, Mo, Dec. 31.—CATTLE— ¥:1:e‘l'pu..( ol "lek% strong to 10 higher. eers, $3 25@4 35: Texas cor 3 20; native steers, $3@4 90; muve'-:'z‘:w:’m e ln}“ ’75. eceipts: T000r T heiters, 31 and feed ; helfers, ¥4 25 stockers ers, $3G4 50; HOGS Recelpts, 13,000, . Market active, §izgne, o 5 higher. Bulk of sales, 33 332 heavies & 4063 57 packers, 3 57; mixed, $335@355; lights, §3 26@3 50; Yorkers, B e B oo, Mar} SHEEP-Receipta 3 ket strong. Lambs, $4 50G5 %: muttons, 2 80G5 25. | OMAHA. OMAHA, Déc. 31.—-CATTLE—Recel . Market steady. Native -beef ne:np.u'u%% 47: western steers, $1 6044 30; Texas steers, 3363 65, cows and ‘heifers, . $3@3 50, canners, 32 feeders, bl 05 ves, @5 T5; butla " and stace. 32 513 b0, o B b HOGS—Recelpts, 5500. . Market 5o highier. Heavy, $3.30G3 40; mixed, §5 50@3 32; tl’ghx. 35 40@! bulk of sales, $3 25@3 4. SHEEP—Receipts. 10,000. Market steady. Fair to choice, $3 5064 40;-fair to cholce west- s ¥ 0G4 DUN'S REVIEW.OF TRAD! NEW YORK, Dec.: 3.—R. ‘G._ Dun & Co.'s Weekly Review of Trade will say: Failu for .the: yedr. ‘which . closed -last night ‘have been smaller than' in any other year since 1892; in ‘number smaller’ than in. any year-except in 1545, and: in. average liabilities per failure. smaller ‘than- in. any ‘other year during .the last twenty-three, except four. The mimerclal - and banking,: was - §180,60,000,~_of - which . $25,§00,000. was i banking; X ; ] 1 13,360° commercial faflurés. the amount. of liabilities Was $154,500,000," of ‘which. $69,000,000° was In ‘manufacturing and ¥13,700,000 in traging, With "$12:100,000” in.“brokerage " and.-other -com. - 215,205 | TETCIal lines: The average of liabllities per faflure was only | 311586, ‘and. in" 1892 only $11,625, but- only ‘three years in the past . twenty- hreé: were - rivals, 1888, with $11,605; 1853, with §11,851, - -axid -1885; with $11,078. ShEa ] L A’ new: year opéns with conditions radically. diffeferit’ Trom- those -which prevailed .a: yedr: ago. -Great financlal distrust éxisted ther; but has passed awky. - Atter ehole: 7 lom: rony . disturbance or alarm, in ‘which -the country. has paid heavy forelgn: indebtedness, taken and paid- millions for stocks sent.from abrodd,” and: accumulated credjts against other crédits - répresented by “merchandise ces, more: ‘than-3320,000,000 in its favor for ihe. past. five months, -with deferred exchanges. for-more ew. York "banks alone, hile the great ndustries have beem pushing’ theif way' into_foreign markets: with: unpre cedented success, the monetary ‘situgtion- is longer a mafter of anxiety. - More than haif million-men. in‘a few .States, ccording - to- o ficial reoprts, aré. employed now..who' were idle A yedr ago, and the general -advance in wages. for-those -employed gone. [ar to restoré-the. rates prevailing. betlgl the panic. The volume oI ‘business through clearing -houses for the week,: 14.2° per cent lafger -than -in ‘1892, has for the month. been 0.3 per- cefit larger than in that year, "and - in many indastrial branches t -business the latter-months ol this year nave surpassed all. records,: - SEpGita The iron industry has been ‘greatly encour- aged by increased. demand during: the -past. few. weeks, ‘and while the slight Improvement in pigiron at Piitsburg has been maintained, notwithstanding - the . grea " output - ever roducts | bave: been unusual-for - the -season. . They | clude 30,000 tons ‘steél rails to one Eastérn mill;. 12:000 tons structural work.for improvements New:York alone, with large operations-at Chi: cago and:other cities; and & greatly increased demand for manufacturing ‘materials generaily | and ‘especially- for sheets. - Mifior. metals have been rather weak, with tin' at 13.06 cents and copper at 10:87 cents, . in_spite. of large exports, while lead i quoted at 3.12% cerits and- speiter at 3.85 cents. - The hest Bessemer -full. weight tin.plates are selling at '$3.05, against. $4.10 for forelgn, ~No- change in the price of coke. pears, though' the -shipments: were the. largest. for any week this year, R e The cotton indusiry is halted by the quéstion of. wages, although a general reduction now seems probable. The manufacturers have been buying largely of material for worsted goods, and_their. purchases have stimulated buying by wool manufacturers, so that the wool mar. kets are stronger, though without changes in quotations. After the great excitement at Chicago wheat still goes out of the country as largely as be- l(or;, afer:m Al||ll|l.l¢ 1;;% i.‘m.m bushels, flour ncluded, against 1,542,540 last year, and from Pacific ports 1,712,625 bushels. In four weeks the Atlantic cluded. have been 15.060,047 bushels, against 500,161 last vear. Heavy Western receipts are only reflecting temporary conditions in the Chicago market. But the extraordinary ex- DOrts of corn, 14,404,905 bushels, against 9,414, 853 bushels in the four weeks last year, show how sorely foreign markets are pushed by the Increasing demand for breadstuffs. Wheat has declined % of a cent with the Chicazo lilll‘kt:. and corn has meanwhile advanced cent. Fallures for the week have been 39 in t United States, against 430 last year, and 21 in Canada, against 39 last vear. BPADSTREET'S REVIEW. NEW YORK, Dec. 31.—Bradstreet's to-mor- row will say: Holiday quiet and stock taking cleze a year which while not fully realizing the most sanguine expectations, certainly contained much that was gratifying and more that is full of promise for the year 1895. Fol- lowing a series of years of alternate panic, stagnation and slow and even painful revival, 1897 presented a large volume of business, done as a whole at prices which, while not alto- gether satisfactory, resulted in a total of trade larger than in any previous year since 1892. Tariff changes restricted demand but encour- aged speculation and heavy imports in the first part of 1897, while the exports, flour in- Dot favered the Southern producer of ‘cotton'| weat ana Barific Prices n'f’n-n%' + | biiities aha by a. reduction common and stock sheep, $3@ I ree- | T'g; products, raw silk and wool, while decreases | are reported .in raw cotton and cottom ods, nearly all metals, " anthracite coal and petro- leam. Railroad interests share in the revival of "prosperity; with ' g and met earnings larger ‘than-any year since 185, and the year 1398 opeéns with the business community, with the few: exceptions noted, in & very cheerful | frame of mind.. [ A heavy failing off in number and in lia- bilities: of - individuals, fitms: or - corporations | failing : was shown" in 1887 from '156. and the | four preceding years.. A partial return to more |or less normal conditions .is' further indicated by a drop in the percentage of assets to ‘lia- in the commercial dedth rate as compared with every vear since and ‘including 1893. The total number of fail- ures reported to ‘Bradstreet's for the year just closéd was. 13,099, & decrease of 2000 failures and over 13 per cent from 159, & falling off. of 15 per cent from the panic year of 133 and a decrease of ‘more than: 2 -per- cent from. 1881, @ year of prosperous business, but of numerous business .- émbarrassments. ° Compared .- with 1895 there was a gain in the number of failures shown of ‘about half of 1.per-cent, whilé com- pared with 1882 there was an imerease of 27 per cent.. Liabilities of ‘those failing consti- tuted one of the smallest totals of recent years, amounting to-only $156,166,000. a decrease of 37 per cent from 1896; of 0 per vent from. 1598 and of 19 rer centfrom 1891, but a gain of 47-percent | over 1842, - The least favorable showing is made by the Eastern States,. which Teport. increases In number and liabilities over 1886. ~In spite of depression. in Cotton. prices; Southern fail- | urés and “liabilities are smaller than a vear | -ago, while the greatest falling off is reported | in the West and the Northwest. The percent- age of assets to. Habilities of those failing- in I eas .4 Jer cont. the smallest percentage | 'since 1893, and only slightly above the normal. The commerclal death. rate, that is, the per- Centage of thosh in Business fatling in 1497, .20, as compared with 140 in nd 1:50 in 1893 o i Those reliable indices of the business situa- tion—bank clearings point to the vear 1597 as witnessed the heaviest. business, both.specula- |-tive and’ commerciai. done since the record | Year, 1592, just preceding the panic. The total | Clearings at fifty-eight cities for the vear, one Jeek estimated, aggregated at least $56,9%,- 000.000, & sum larger by 12 per cent than the | total of 1896, the year of silver agitation, and | existing Presidential election: 3 per cent larger than 18%," the disappointing year, when a boom {n iron and kindred products led to false hopes of business improvement: 25 per cent over the year 1594, when the depth of de- pression following the' panic may be said to have been reached; 5 per cent over 1593, the year of widespread disaster in financial and commercial circles, and only. 7 per cent small- er than the total of 1862, when the boom fol- lowing the large foreign demand for . Ameri- fan Dreadstuffs and other products reached its Practically the entire gain in clearings in 1857 was concentrated in the last 6 monthe and it is a significant fact that the heaviest monthly total reported for 5 yvears past was in the month of December. Gains were heaviest in the Northwest, the Middle and New England States, and smallest in the Southern end Southwestern, in the latter of Which trade improvements were rather late in_arriving. The total exports of wheat (flour_as wheat) from both coasts of the United States - and Canada amount to 5,495,000 bushels, or double those in this week a year ago, and 700,000 bush- els larger than those of last week. Corn ex- ports reported slightly small,er, agsregating 4,085,000 bushels, against 4,879,000 bushels last week and 2,742,000 last year. The failures’ for the Dominion of Canada and Newfoundland for the calendar vear 1897 amounted 0 1127, with total labilities of $13,219,000. a falling off of 13 per cent in num- ber and of 19 per cent in liabilities from a year ago. BANK CLEARINGS. NEW YORK, Dec. 3L—The following table, complled by Bradstreet, shows the bank clear- ings for the week ended December 31, with the percentage of increase and decrease as com- pared with the corresponding week last year: New York $748,298,977 Boston 84, icago ... Philadelphi; St. Loui; Pittsburgi Baitimore San Francisco . Cincinnati | Kansas City New Orleans. Minneapolis Detroit . Cleveland Louisville Providence. Milwaukee St. Paul. Buffalo Omaha Indianapolis . Columbus; - O. Savannah Denver | Hartford. . Richmond Memphis . Washington Peorla. 11,262,350 Z84kE 2 Fort Worth. Portiand,. Me.... Portland. Or: |'St. Joseph. Los -Angeles. | Norfolk. . Syracuse “Dies - Moines! Rashellle: 5.1 vilmington, Del. Fall ‘River Scranton Grand. Ripids. Aususts, - Ga | Towel, Daytort! 0. Seattle Tacoma: Spokane .. Sioux - Cit New. Bedfa | Knoxville; | Topeka .- Binghamton Wichita B55808! & gassy £ 920, 04, 779, o, &, 238 gEnuusg xingtor. Jacksonville, Kalamazoo Akron Bay City Chattancoga -, Rockford, . Tl Canton, 6. Springfiel Fargo, N.‘D. Sioux:Falls, 8. D. -Hastings, Neb Fremont,” Neb ‘Davenport Toledo- ... Galveston® ‘Houston® Youngstown® Totals; L. °8S, Totals: outside New. York 3 $1,185, 351,046 S ©- 445,052,069 DOMINION "OF . CANADA. Montreal. s AT - ‘3\91"“;‘:,“ 288 inni 3 Halifax Hamilton St. John, - Totals - *Not included.. : THE FINANCIAL SITUATION. ‘ending_December of easier - money he . b ince: Deceniber- 24, have | ained - in: cash 35,746,200, and . their net-. de- -posits’ have exparided nearly $5,000,000.. As-tha &ains in-cash.and deposits were almost iden- tical; the reserve has increased in proportion; that is, it is about 75 per cent.af the total cash expansion. The result is that the mar- §in of excess reserve has been increased $4,755,300, and at the close of the week stood at $15,788,750. In view of this showing all fear of siringency over the close of the year must be dismissed. During the next week the Unton_Pacific committee will make another $8,000,00 payment into the Treasury, and there is no likelihood that it will have any more effect on the market than 'last week's settlement of a.similar amount caused. This will end a transaction which had an import- ant bearing on money affairs for some time, and a normal period will succeed it. BOSTON WOOL MARKET. BOSTON, Dec. 31.—The Boston Commercial Bulletin will say to-morrow of the wool mar- ket: Never has a year closed so brisk a business as 1897. The sales of the last week are very largely of territorial wools, on a scoured basis of 48@30c clean. The buyers are the big worsted mills, and they have paid full rates. . One house in two weeks has sold over 4,000,000 of territory wool. The sales the week are 7,264,000 pounds domestic and 2,397,000 pounds foreign, against 7,602,000 pounds domestic and 1,632,000 nds foreign last week, and 1,292,500 pounds tic and 874,00 pounds foreign for the same market last year. The sales to date show an increase of 100.- 211,400 pounds domestic and 130,229, ), 700 Ind: foreign from the sales (o the Same date o | . The receipts to date show an increase of 110,407 bales domestic and 303,644 bales foreign. EXPORTS AND IMPORTS. NEW YORK, Dec. 31.—The weekly bank statement shows the following changes: Surplus reserve, increase, $,265,300. Loans, increase, $327,000. I ‘{‘unteer. Potatoes. 2G21¢ per M. - - | : ONTONS—$2.15@2 25 per -etl; cut Onions, $150 | @20c per Ib. f [13@14c for Hens: dressed Turkeys, 15@1% per | ket. Fancy Feed. 81 15@120 per otl; good fto cholce, * 3t 0T34@1 12%: . commion, " - $§1 024@ | &ood to_choice, §1 07le@1 1213 common, $1 125@ 105; Surprise, $1 2001 30: Red, . $i 30@1 4 Gray, - $1.13%@1 174 - Milling, ~ 31 07%@1 12t Black, for seed, $1:35@1 0. Clipped Oats sell low, . usual dinc?btm( to - the trade: Graham | Flour, $5 per 100 Rye Flour, $2'50 per -100; | Rice_Ficur, 35-75; Cornmeal, $4 5; extra crenm do, $3: Oatmeal, $2'50; Oat Groats,. $4: Ham- iny, $3 10@3 30; Buckwheat Flour, $3 3 .50; Cracked Wheat, $3°25: Farina, $4 50; Whole | Wheat Flour, $3 25; Rclled Oats (bbls), 0@, | 5,90, In'sacks, $3'75; Pearl Barley, $4; Spit | | | unchanged. . Bran ‘was advanced 30c. - seed Meal. $29G30 per. ton: _ticular changé in Potatoes or-Onions: “sack); Oregon Burbanks, 50@7c; Salinas Bur- lagow' $5,931,600; circulation, decrease, $221,- The banks now hold $15,781.750 in excess of the requirements of the 25 per cent rule.® NORTHERN WHEAT MARKET. PORTLAND, Or., Dec. 31.—The English mar- ket has settled down in anticipation of the extended holiday, and local exporters were not very anxious for business to-day. market is quiet, and while there was no quot- able. change in prices, buyers in the interior were reported. to be taking some wheat for milling purposes. Cleared—~Br bark Thetis, Algoa Bay, 55,061 bushels wheat and 515 bbls flour. ‘WASHINGTON. TACOMA, Wash., Dec. 31 —Wheat quiet; No. 1 blue stem, 7S¢ No. 1 club, T5e. SEATTLE, Wash., Dec. 31.—Cleared: Steam- ship Kaniakakura Maru for Yokohama, Japan, with 9000 bales of cotton. PORTLAND'S BUSINESS. PORTLAND, Or., Dec. 3l.—Exchanges, $242,- 446; balances, $19,568, FOREIGN MARKETS, LONDON, Dec. 31.—Consols, 113 3-16; Silver, %d; French Rentes, 103£_Tige. 1 LIVERPOOL, Dec. 31.—Wheat, steady: No. | 1 Standard California Wheat, 3is 6d: cargoes | Oft coast, uncertain: cargoes on passage, buyers | and sellers -apart;- English_country tiarkets, steady; French country markets, ‘quiet; Wheat in -Paris, steady; Flour in- Paris, steady: i ports_into- United - Kingdom for week, bbls® Flour, 246,000 qrs. Wheat. COTTON—Uplands: 3%4. CLOSE. nanz.«;r;—smt No. 1 red . northern spring, m, 75 9%d. CORN—American mixed, steady, 3s 2%d; do January, February and March, steady, 3s 2%d. Eol B S LOCAL MARKETS. EXCHANGE AND BULLION. Sterling Exchange, 60 da; - 483 Sterling Exchange, sight o - 4 85% Sterling Cables . . - 488 New York Exchange, sight. - 15 New York Exchange, telegraphio. — 17% | Fine Silver, per oun - 578 | Mexican Dollars . S g WHEAT AND OTHER GRAINS. WHEAT—There was nothing doing. yester- day, as it was the last day of the year, and the brokers took possession of the floor of the Exchange with firecrackers. Hence quotations | are unchanged. Tidewater quotations are as follows: $1 421 | @143% for No. 1, $145 for choice -and $1 47%@1 50 per ctl for extra choice for miiling. CALL BOARD SALF sriarmal Sesslon—8:15 o'clock—May—400 ctls; 140, o Second Session—May—10,000 ctls; $1.39%: 4000 ctls, $1 30%. Regular Morning Session—No_sales. Afternoon _Session—May—14,000. ctls, 1 40; 2000, $1.39%; 6000, 31 40%4; 2000, S1 40%. BARLEY—No sampies of any consequence. were shown on Change yesterday, owing to the fireworks, and quotations were therefore | nominal. Feed, 85@STic for dark to good and 90@92%c | for choice: Brewing, $1@105 for No. 1 and $214@4T4c per ctl for dark Coast. CALL BOARD. SALES. Intormal Session—9:15 o'clock—May—2000 ctls, 83%c; 2000, Sde: 2000, 83Kc, Second Sesion—No sales. Regular Morning Session—No sales, Afternoon Session—May—2000 ctls, §3%e. OATS—Previous prices rule, with'a dull mar- | [ [ | | at $1@2 per ton over the raw product. CORN—There was no change. yesterday. Small Round Yellow, 97%c@s1 per ctl; Large. Yellow, 975@9%¢: White, 99@925c. RYE—$1@1.0215 . per ctl. BUCKWHEAT—$1 35@1 50 per ctl. FLOUR AND MILLSTUFFS. FLOUR—Net cash prices: are: Family extras, $4 F5@4. B5; Bakers' éxtras, 4 30@4 40 per bbl. MILLSTUFFS—Prices in sacks are as fol- Peas, §8 50; Green do, $4 25 per 100 bs. The foreign | | fornia tierces, 5c per Ib for compor | for pure; half-bbls, 6%c; | e per . |2 2@2% |t | Southfield Wellington, $7 50: a 71@8c_for 5@se for Royals and 168 for 123%c; Apricots, 04 to: fancy Moorparks: evaporat §5@7c: sun-dried. 4@4%c; black Figs, in sacks, 2G2%c; Plums, 4%@4%c for pitted and 1@1%c T anpltted unbléached Flums, 5@34e; x’v‘zc‘; tarines, 4@se for prime to fancy; Pears, 4G 4lgc for quarters and 3@5%e for halves, accord- ing to_color, etc. "RAISINS. New Ralsins, 2%4@c for two- crown, dc_ for three-crown, 5¢ for four-crown, Sc for Seedless Sultanas and $1 10@1 15 for London layers: dried Grapes, 2%c. NUTS—Chestnuts are quotable at SQite per b; Walnuts, >@6c for hardshell and 6@70 for softshell: Almonds, 23@3%c for hardsheli, 5@éc for softshell and 7@Sc for .paper-shell: Peanuts, 4@5lc for Eastern and 43 for Cali- fornia; Pecans, 6%@sc; Filberts, 8t@10c; Bra- zil Nuts, 8@9c per.Ib; Cocoanuts, $450@5 per 100, HONEY—New Comb, 10c for bright and 7@%c for lower grades; new water-white extracted, 44@4¥c: light amber extracted, 3%@dc per Id. BEESWAX—23@25c per Ib. PROVISIONS. The market closed the year dull and un- charniged. CURED MEATS—Bacon, S8%c per ‘Ib for heavy, 9c for light medium, 10c for light, 10%0 for extra ligt and 12c for sugar-cured; East- ern sugar-cured Hams, 10%@llc; California Hams, 9@9%c; Mess Beef, $8 50 per bbl; extra mess do, $9 50; family do, sug’u; salt qurk. ra prime Pork, $9 50; extra clear, fi?sxig ,ex:‘u i Smcxedk'nee(, 11%@12%c per ™, LARD—Eastern tierces quoted at 5%c per Id for compound and 6c for pure;paiis, Tc: Cali~ nd and 6o 10-1b tinslc; do 5-1b, COTTOLENE—Tierces, 5%@6lc; -packages, less than 300 Ibs—I-Ib palls, 60 in a case. 8%c; 3-1b pails, 20 in a case, §%c; 5-Ib pails, 12.in & case, $c; 10-Ib pails, 6 in a case, Sizc; 50-1b dns, one or two in a case, T5%c: wooden- buck- ets, 20 Tbs net. Tic: fancy tubs, 80 Ibs net, -7%c; half-bbls, about 110 Ibs, 7ic per Ib. HIDES, TALLOW, WOOL AND: HOPS. A review of ‘the Wool market for' the pas Year appears elsewhere. 5, HIDES AND SKINS—Culls and brands .well at Ic under sound stock. Heavy salted- steers, 10@10%c per 1b; medium, Sc; light, 5%@! Cowhides, S,@c; Stags, S%c; salted’ Kip, 9c: 15@15%ec; “culls and brands, 12@12%c; dry Kip 15@15%e" culls and brands, 12@12ic dry Kip and Veal, l4c; dry Calf, 1fc; culls, 12c; Goat- skins, 20335 each; Kidm, 5c; Deerskins, good summer, %5c per Ib: medium. 20c; winter, 10c; Sheepekins. shearlings, 15@25c "each; short waol, 35@60c each; medium, 60@S0c; long woolt 80c@$1_each TALLOW-No 1 rendered. 3@3%c per 1: No. refined, Se; Grease, 2@2%cC: WOOL—Fall clip—Middle_counties—free. 109 13¢; do defective, 10@1lc: San Joaquin. defec- . 7@9c; Southern Mountain, 9@lic; free Northern, 12@13c: do defective, 9@ilc; Hum- boldt and Mendocino, 13@i5c; Eastern Oregon, | $@13c: Valley: Oregon. 16@18c. HOPS—OId _crop, 2G6e for poor to fair and 8 @10c for good; new crop, 10@1dc per . GENERAL MERCHANDISE. BAGS—Calcutta Grain Bags, 1598 delivery, 5% @5%c: Wool Bags, 21@30c; Fruit Bags, 5%c. 5%c and 6c for the different sizes. COAL—Wellington, $8; New Wellington, Seattle, $5 . $175; Wallsend, $7 003 Bryant, $5 50; Coos Ba: | Cumberland, ‘$1¢ 50 in bulk and $16 in sacks: Pennsylvania Anthracite Egg, ¢15: Cannel, $9 per ton: Rock Springs, Castle Gate and Pleas- | ant Valley, §7 60; Coke, $13 per ton In bulk and $15 in sacks. RICE—Chinese mixed, $4 20@4 25 per ctl: No. 1. $4 40@4 50 per ctl; extra No. 1, $5@5 20; Haw- ajian, $4 50; Japan. $i 90@5 05; Rangoon, $. LINSEED OIL—Is §¢ higher at 5ic per gallon for raw and 53¢ for boiled in barrels; cases, 5¢_more. SUGAR—The Western Sugar Reflnery Com- pany_quotes terms net cash: Cube Crushed and Fine Crushed, 6%c; Powdered, 6%c; Dry Granulated, 5%c; Confectioners’ A, 5%c; Mag- | molia_A. 5%c; Extra C, 5%c; Golden C. 5%c; Candy Granulated, 5%c; California A, 5%c per Ib; ‘half-bbls %c more than barrels, and boxes 3¢ more. SAN FRANCISCO MEAT MARKET. Wholesale rates for dressed beef stock fromy slanghterers are as follows: BEEF-—First_quality, 6%4@7c; second do, %@ 6c: third do, 4@Sc per b. VEAL-—Large, 5@6c; small, 6@7 per Ib. MUTTON—Wethers, 6@7c; ewes, 6c per Ib. LAMB—Spring. nominal. PORK—Live Hogs, 3%@%c for large and HAY AND FEEDSTUFFS. Recelpts of Hay were more liberal and there ‘was less eagerness to buy, but quotations were. BRAi%,{I@S;WI? 50 penr ton. BRAN—S$1T@18: pér -ten: & MIDDLINGS--§23@23 50 per ‘ton: FEEDSTUFFS—Rolléd Barley, ton; Oilcake Meal at the mill, " §28§ jobbing, - $30; . Coceanut - Cake, 1 per | 29° 50; | $19G20; > Cotton- HAY—-Wheat, $13G15 per ton: Wheat and-Oat, | $12 50@14°50: - Oat. - $1i@13;. Barley, , $11@12 50 | compressed,” $12 5014 50: -Alfalfa, @105 stock. | $10@11; Clover; $3@10_per ton, 2 STRAW=30@45c per- bale. BEANS AND SEEDS. ° - The ‘vear-closed on'‘a’steady but qifet mar- | ket. = . BEANS — Bayos, 90@3;. - Small Whites, | $1'25@1 47% ;" Large -Whites, "$1-15@1 35; -Pinks, $1 70@1 80 $2 50 eds, 40@1 60; - Blackeye, Buters, $1 401 5 A $1.60@1.70; $1.2541 40 per. ctl, - " SEEDS--Brown Mustard, $3_per_ctl; Yellow Flax, 1 80G2; Canary Seed, i laltar Se;” Rape. 2@2%o} “DRIED ' PEAS—Niles, ‘§1 25; Green, $i-20Q 1-40-per. ctl. X POTATOES, :ONIONS; VEGETABLES. Limas Southern Vegetables' are not-‘as- firm as for the. past two. or.three ‘days. There is no:par- "POTATOES.— Early Rose, 50@s5c; .- River Reds,. 35@40c; River. Burbanks, 50@60c (per banks,” 70@%0c: Sweet Potatoes, S0@65c per otl for -Rivers and. $0@%c for Merced; mnew vol- @1.75 per sack. - ; B 'EGETABLES—Marrowfat Squash, $8@10 per ton; Hubbard Squash, $8@10- per ’ ton:- - Dried Peppers, 5@6c. per ‘Ib;- Dried Okra, 15¢: Cab- bage, S0@TC per-ctl; Carrots, ‘25@6e per sack: Ger‘s‘ 3@3%c. " per_ 1b; Asparagus, - 1214@25c ngeles Green Peas; 7@Sc: String Bean: 15@20c; ‘Tomatoes, 50c@$1; - Green - Peppers, S 10c ‘per 1b: Summer- Squash, . 10c; .Egg Plant, 15 POULTRY AND. GAME. Dressed Turkeys ‘had ‘a wide range yester- day. In the morning they sold at 15, and in the afternoon:they: were hard .to work off at 16c. - A°.few ‘poor. ones ‘sold down below I5c. The general range for the.day is given below. Other Poultry showed no particular change. Arrivals'of. Game were better, but the market ‘was rather stronger, with a good demand. POQULTRY— . Live “Turkeys, 13%@13c for Gobblérs and ib; Geese, per pair, $150G2; Ducks, $4@6; Hens, $3'50@5; 'Roosters; - young, $4 50@5 50: do old, 3 50@4:. Fryers,. $4 50@5: Broilers, $ 50@5 for Jarge and $3@4 for small; Pigeons, $1 50@2 per dozeén for young and $1-for old. % GAME—Quail. per doz, $1 25@150: Mallard, $3@4; Canyasback. $4G5; Sprig. $2: Teal, - $1 ‘Widgeon. 75c@31 2; Small Ducks, . 75¢@$1: Gray Geese, $230; White. $1@1 25: Brant, $1 50@1 75 Honkers, $4@+ 50; English Snipe, $1 50@2: Jack Snipe, $1; Hare, $1: Rabbits, $1-25G1 50 for Cottontails and T5c@$1 for smail. BUTTER, CHEESE AND EGGS. Eggs are very weak at a further decline and | arrivals are accumulating. _Butter is also weak, though there is no further decline. Creamery—Fancy Creameries, 34@3ic per Ib; BUTTER— g Creamery—Fancy Creameries, 34G@35c per Ib; seconds, 32@33c. Dairy—Choice to fancy, 20@30c; lower grades, | 27@2S¢_per 1b. CHEESE—Chotce mild new. 11@12; com- mon to good, 8@llc; Cream Cheddar, 10@1lc: Youns. Eastern, 13%@13%e per Ib. EGGS—Ranch Eggs, 27%@30c per doz: store Eggs, 20@3c; Eastern, 16@16%c for cold stor. age. DECIDUOUS AND CITRUS FRUITS. Prices remained without disturbance yester- day and the market was quiet. DECIDUOUS,_FRUITS— Cranberries, $7 50@8 50; per bbl; Coos Bay, $1 T5@2 per box. Apples. Z@4lc per box for common, c@$l for good to choice and $1 25@1 40 for fancy; Lady Apples, 75c@$1 25 for large boxes. Grapes, in boxes, 15@50c fbr all kinds. Crates sell about 10c higher than boxes. Persimmons. 25@50c per box. CITRUS FRUITS—Navel w81 75@ 275; Seedlings, 50c@$125; Mandarins 75c@S$1; Grape Fruit, per box: LenoOns, 50c@ §1 for common and $150@2 25 for good to choice; Mexican Limes, per box; Cali- fornia Limes in small boxes, : Bananas, $1 25@2 25 _per bunch; Pineappis, $3@4 per dozen. : DRIED FRUITS, RAISINS, BTC. A good many small changes in Fruits ana Nuts appear, and the latter k and neg- lected. Apples and Plums America. mmuz;c; Western, 11@12c: | | Shrimps 3%@3%ec for small and 33c for medium; soft Hogs 2%@3%¢; dressed do, 5@6%e per Ib. RECEIPTS OF PRODUCE. For December 31, 1897. Flour, qr sks .... 17,372| Paper, reams 53 Wheat,ctls . 790{ Wool, bales 20 Oats; ctls 350| Pelts, bdls ...... 45 Corn; ctls. 440| Hides, no 450 Cheese, “ctls 12| Leather, roils 1 Rutter, ctls 233| Lime, bbls v Tallow, ctls . 125 Chicory, bbis .... 5 Beans, sks . 1.672| Eggs, doz 4,560 Potatoes, sks ... 3,020 Raisins, bxs 150 - Onions, sks . 52| Sugar, 'bbls 245 Bran, sks 495 | Wine, " gal 51,650 Hay, “tons 3% | Brandy. - gal 6,350 Hops, bales 56! Quicksiiver, fisks 198 OREGON. ~i Flour, qr sks 5,386 | Onlons, sks o] Wheat, ctls 2,300 | Bran, sks . 2,467 Oats, -ctls 300| Middiings, sks .. 451 | Potatoes, sks sisli ey FAMILY RETAIL MARKET. Butter and Eggs are cheaper. . Game is rather dearer. Poultry is about th | same. The Fruit and Vegetable markets show some changes. Summer Vegetables in the southern part of the State were caught by the recent frosts ‘and are scarce and dearer -in conse lence. | “Foliowing is The Call's regular weekly retail | price list: S Coal, per ton— Cannel .....$11 50@ —[Castle Gate. 950210 00 Wellington . —@10 00|Pleasant Val 9 50@10 00 New — Wel Sovlatrlt'neld'_ 2 ellington —@ 9 50 Coos Bay....~—@ 675 Cheese, Swiss.....2030 Common * Eggs. .25, \Ranch Eggs; per doz i 15 10 Meats, per pound— - £ Bacon . -12@17 | Pork, fresh 12215 Beet, choice.......12@15 | Pork, 'salt. 10912 Do, good - 8@10 | Pork Chops. 1215 Corned Beef....... $¢— |Round Steak. 5Q10 Ham, Cal.. — | Sirloin Steak....12%4@— Porterhoise, |Smoked Beef. Young Roost- ers, each Sprig, - pair. Teal,. pair e Widgeon, Broilers, each. %9 b S Turkeys, pr Ib 18@ 20 EmallDuck, pr 35 Ducks, each... -50@- 75 Wild Geese, pr 50— Geese, each....1 25@1 75 English Snipe, Pigeons, pair. 25@ 40[ doz . 2 50@3 00 Rabbits, pair.—@ 40 'Jack Snipe, dz.1 25— Fruits and Nuts— Almonds, 1b. 12@15| Leémons, dos.......20925 Apples, ib. 3@ 5| Limes, ‘doz...... 5 20 | Oranges, doz. 35 glfil?-m. Tb 6| Raisins, Ib .« 4@ 8 {Walnuts, 1b. Vegetables— . ‘Asparagus, 1b. ......25@50 Mushrooms, Ib. chokes, -doz.$1@1 25. Dried Okra, Ib. -........12@15 Onions, Ib.. Colored, 1 . 4@ 5| Do, green, Ib, 1 Lima, Ib. 5% 6| Potatoes, Ib. Gabbage, each.... 510 rarsnips, dos & Cauliflowers, each 5@10/ 3 =3 Celery, bunch..... 5@— Radishes, dz bchs.10@13 § Cress, 'doz behs...20G%5/ Sage, Ib...........25@35 Garlig, 1b.. 50—| String Beans, 1b.20@30 Green Peas, Ib...10@15 Thyme, Ib.. 220@30 |Lentils, 1b. |Turniys, doa. | doz 5@25| Tomatoes, Ib... sh, per pound— —@10 Shad . Ryt @ 3 |Sea Bass Codfish g jsmart Fiounders. 6@ 8 Soles . Herring - 5@ § Skates, each. Halibut . —@15 'Sturgeon . Kingfish $@10 Tomeod Mackerel 15@— Clams, ga —@50 Do, Horse. —@— Do hardsheil, 100.50@— Perch . S@10 | Crabs, each. 1215 Pompano $1@— Do softshell, dz..25a55 Rockfish 12@15 | Mussels, qt. 10@12 Salmon, smoked..20@— Oysters, Cal., 100.40@— Salmon, fresh.....12@15 Do Eastern, doz..25@40 $Q@10 e —————————————————————— NOTICE TO MARINERS. A tranch of the United States Hydrographia Office, located in the Merchants' Exchange, is maintained {n San Francisco for the benefit of mariners without regard to nationality and free of expense. Navigators are cordially invited to visit the office, where complete sets of charts and salle ing directions of the world are kept on hand for comparison and reference, and the latest information can always be obtained regarding lights, dangers to navigation and all matters of interest to ocean commerce. ‘The time ball on top of thé building on Tele- graph Hill is hoisted about ten minutes befors noon, and is dropped at noon, 120th meridian, by telegraphic signal received each day from QI?. l{]’,m&d.l States Naval Observatory at Mare 1ane L. A notice stating whether the time ball was dropped on time, or giving the error, if any, 1s published the same day by the afternoon nr'_-. and by the morning =i the following trong. Prunes are dull and weak. ’ DRIED FRUITS— carload lots, 3%@44C for 40-30's, i;}. 50-60"s, for 6+70's, 2% @2%c or S P i N / HUGHES. ‘Lieutenant, U. &, in charg SUN, 400N AND TiLs. United States Coast and : Times “and’ Helghts "of Hign . and. Low ° "