Indianapolis Journal, Volume 53, Number 346, Indianapolis, Marion County, 12 December 1903 — Page 10

THE INDIANAPOLIS JOURNAL, SATURDAY, DECEMBER 12, 1903.

10

RESOURCES U.S. bonds Cash and with LIABILITIES Csnitnl n min U. 8. bond acct. Deposits Banking House OF A. M. FLETCHER No. 7 IVa Sf., New fork C7y. MEMBER NEW YORK STOCK EXCHANGE Transacts a general banking business. Receives deposits subject to draft. Dividends collected and remitted. Acts as fiscal agent for corporations and negotiates security Issues of railroads and other companies. Deals in Government Bonds and other Investment Securities. Commission orders executed. Accounts of Banks, Bankers, Corporations and Individuals solicited. A. It Thompson & Company Bankers and Brokers Connected by private wire with the New York Stock Exchange Now York Cotton Exchange Now York Produce Exchange Now York Coffee Exchanga Chicago Board of Trade Chicago Stock Exchange Orders executed on all above Exchanges. BOND BARGAIN BUYERS SEE ME NBWTON TODD, Fletcher Bank Building. SAFE DEPOSITS. S. A. FLETCHER & CO.'S Deuoaait Vtiult 30-34 East WaahlRgton Street. Absolute safety against Are and burglar. Policeman day and night on guard. Designed far safe keeping of Money. Bonda. Wills. Deeds. Abstract. Silver Plate, Jewels and valuable Trunks. Packages, etc. Contain 2.100 boxes. Beat 5 to S45 Per Year. WILLIAM A. HUGHES - - Mssager. The Leading Trust Co. of Indiana The Union Trust Co. 118-120 . Market St. Capital, - - $600,000 Surplus, . . $300.000 Executes All Manner of Trusts We will PAY 104 For all COLUMBIA NATIONAL BANK STOCK Offered Arrick A Co. Lombard Building LARGEST TRADE IN FIGS, DATES AND NUTS IN YEARS. Baalish Walnata Sell at Considerably Hlsrher Prlees Than Year AgoOther Prlees the Same. Local grocery Jobber report the largest trade In years in nuts. figs, date and the general line of "sweetmeats." There is no particular explanation for the Increased demand for this line, but representative jobbers say that they have never had such a large demand for nuts, ngs and dates as they are having this year. There Is another noticeable feature about the trade this winter in the "sweetmeats" line, tap that the increased holiday demand Is beSnning earlier than In previous years. Figs, ties and the general line of nuts are at pri- s about on a level with last year's quotations. The crop of English walnuts is considerably smaller than a year ago. and. consequently, prices are higher. On Commission Row. Trade in the general produce and poultry line continue normal for this season of the year. The demand fr fruits and vegetables is somewhat heavier than during the last weeks of November and the first wee"k of December, and all dealers are placing larger orders, in anticipation of the trade the last few weeks before Christmas being much larger than at t. Poultry and Other Produce. (Prices paid by shippers.) Wool Local dealers are paying for wagon lots: Good medium merchantable unwashed. 17c; and braid, lac, heavy merino. lOfiUc. If -blood, Lt14c; burry and cotted. 12414c; Western. Me. Poultry Young turkeys. 12Vc: hens. cocks, 4c; young ducks. 8c; springs. Sc; geese, sc per lb Cheese- Wisconsin. 13c; New York full creams. ISc. Swiss. ISc; brick. 11c. limburser. 12c. Butter c; choice, llf 12c . Elgin creamery, 37c state. Ms. Eggs Steady at 25tf2c. Feathers Prime gases. SOc per lb; prime duck. Ma per lb. Game Rabbits, $0c4jl per doz. tlfil Ä per for drawr Bsaswax c for yeüow. Sc for dark. HIDES AND TALLOW. Green-sailed Hides No. 1, 7c; No. 2, c; a 1 calf. 10c; No. 2 calf. 9c. Tallow-No. I. 34c: No 2. 3c. THE JO Uli IX, TRADE. (The quotations given below are the selling prices of the who.esale dealers.) ram il tT it. Bssaa fib. Candies- Capita! stick candy (bfis), 5446c per fa; common salasd. 54c. grocers' mixed. Q $4c Banner twist Mick. 744J8; Banner cream nuaad. Sc. derby mixed. 7l,c. Nuts Most -shelled almonds, lie. Braatl nuts. 10c, filberts. Us; peanuts, roasted. 7tj&c; mixed aula. UtFsis New Smyrna, 12c per lb. Coal and Coke. ( Retail Prices.) Half ton. Ton n anthracite (all sizes) S3 HO 87 50 aeaokeless 1.14 S0O Cannel 3,1$ t oo Wossburg 2. 6öo tOhio) 2.75 s.

STRENGTH

Nov. 17. 1903.

Loans irculation and other bonds. Demand collateral loans. t 210.000.00

$2,7.T2.:W.05 540,757.90 1.000.00Ü.UO banks 3.701.229.69 MUi M and nmflts. $1 .279,91 MB 1.050.(1)0.00 6 854,464.0 $Ms4,&-?2.64 and circulation Kanawha 2.50 4.73 Pittsburg 2.j0 4.73 Raymond 2.50 4.73 Winifreds 2.30 475 Hocking Valley 2.40 4.50 Luhrig 2.40 4.50 Hraxil block 2.25 4.25 Cireen and Sullivan (lump an- nut) 2.00 3.75 Slack, smokeless 2.66 5.00 Slack. Jackson 1 5 3 00 Klack. Pittsburs l.5 3.00 lack. West Virginia Ljf 3 00 Slack. Indiana 1.40 2-.50 Connellsville coke 3 90 7.50 Oven coke 3.90 7.50 124 bu. 25 bu. Lump coke. 14c per bu $21) $3.:0 Crushed coke. 13c per bu 2.13 3.75 Bags. 25c per ton extra, ground floor or dumped In cellar; 3oc per ton extra, second floor or carried in cellar From wagon. 25c per ton extra, by wheelbarrow, chute or basket. Drugs. Alcohol. 12.52? 70; asafoetida. 40c; alum. 2 04c; camphor, 66-l$70c; cochineal. 55c; chloroform, öa'tf&c; copperas, brl, s5c; cream tartar, pure. 323fc; indigo. 654780c: licorice. Calab.. genulr.--. 2". J 1 ' . magnesia, carb.. 2 ox. 20932c; morphine. P. A W.. per oz. $J 4.',i2.70; oil bergamot, per lb, 3; opium. J3..'i'a:;.7".. quinine, P. sc W.. per oz. 32637c; balsam copaiba, üöt6uc; soap. Cast lie, FY., llssSSe; soda, bicarb.. Zmöc; its. Epsom, lÖ-e. sulphur flour. 2ic; saltpeter. SiOC, turpentine, 6370c; glyerln, 164020c; Iodide potasslu.-n. $2.4542.50: bromide potassium. 45öOc; chlorate potann. rof Mc ; borixx. Wflzc; clnchonlda. 2934c; carbolic acid, 27c, cocaine, mur.. $4.0604 Ä. Dry Goods. Bleached Sheetings Androscoggin L, 74c; Berkeley. No. Co. 9c; Cabot. 714c; Capitol. "4c; Cumberland. 7c; Dwtght Anchor. SVc; Fruit of the Loom. Sc; r'arwell. 7c; Kltcnville. 7c; Full Width. Be; OUt Edge, 6c; Gilded Age. &4c; Hill, 7hc; Hope. 74c; Lin wood, 74c; Lonsdale. c; Peabody. 5Vc: Pepperell. 9-4. Be: i'epperell, 10-4, 24c; Androscoggin. -4, 23c; Androscoggin, 10-4. 25c. ... Brown Sheetings Atlantic A. 7c; Argyle. 6c; Boott O, 64c; Buck's Head. 64c; Carlisle. 40Inch. 6c; Dwight Star. 7'2c; Great Falls E, 6c; Great Falls J. S4c; Hill Fine. 74o; Indian Jlead. 7c- Pepperell R. 6c: Pepperell. 10-4. 22c; Androscoggin. -4. 21c; Androscoggin. 10-4, :3c. Prints Allen drees styles. 5c; Allen TR, c; Allen robes, be; American indigo, 5c; Arnold long cloth B, 8c; Arnold LLC, 7c; Cocheco fancy. 5c; Hamilton fancy, 5c; Merrlmac pinks and purples. :4c; Pacific fancy. 5c; Simpson's mournings, 5c. Simpson's Berlin sol Ida 54c; Simpson's oil finish. 6c; American shirting, 44c; black white. 4-c; grays. 4c. Kid-finished Cambrics Edwards, 4c; Warren, 3c; Slater, 4c; Genesee. 4c. Tickings Amoskeag ACA. 114c; Conestoga BF. 13Vc; Cordis 140. 12c; Cordis T. 12Vtc; Cordis ACE, 124c ; Hamilton awnings, 10c. Kimono fancy. 17c; Lenox fancy. 18c; Lenox XX. 18c; Oakland AF. 6c; Portsmouth. llVc; Susquehanna. 13V:; Shetucket ö W, 6c; Shetucket F. 64c; swift Kiver. 34c Grain Bags Amoskeag. $14.50; American. $15.50; Harmony. $14; Stark. $18. Ginghams Amoskeag 64c; Amoskeag dress. 74c; Lancaster. 6ljc; Lancaster dress, 7c; Toil du Nord. !Vc. . Floor. Spring patent. $5 45 per brl; winter wheat patent. In brls. $4.70; straight grade. $4.30 in brl; low grade. $3.40; extra fancy, in brl, $4.20; buckwheat flour, $610 per brl; graham. $44.45 per an Groceries. Coffee Good, 84J12c; prime. 1214c; strictly prime. H16c; fancy green and yellow. 18 23c; Java. 28 a 32c. Roasted Old Government Java. 32'-'i33c; finest Mocha and Java. 284930c; Java blend. 23c; fancy blend. 18c; Golden blend. 15c Package coffee City prices: Ariosa. 11.25c; Lion. 11.25c; Jersey. 1125c; Caracas. 11.75c; Dutch Java blend. 13.50c; Dilworth's. 10.73c; Mall Pouch. lo.73c; Gates's blended Java, 11.25c; Climax Java blend, 11.25c. Sugar City prices: Costal Dominoes, 5-lb cartons. 7.10c: cut loaf. 5.70c; cubes. 5.30c; XXXX powdered, 5.30c; standard powdered. 5 20c; fruit powdered. 4.82c; granulated. 2-lk package. 5.15c; granulated, 5-lb package. 5.15c; standard fino granulated, bags or brls. 4.77c; Kidgewood A. brls. 4.62c; Phoenix A. brls, 4.57c; Empire A. 4.52c. Ideal ex. C. 4.47c; Windsor ex. C 4 42c; Rlds?wood ex. C. 4.37c; 10 yellow, 4.27c; 16 yellow. 4.12c; New Orleans (dark), 4c. Molasses ar.u Syrups New Orleans molasses, fair to prime, 2&4p32c; choice. 38ft 42c: syrups, 31 Salt In car lots. 80ft85c; small lots, 9095c. snices Peoner. 17c; allspice. 151lSc: cloves. 15 018c; cassia. 15018c; nutmegs, 50&60c per lb. Rice Louisiana, ii,,ö6c. Carolina, 6Vf8Vc . a 1 - 1 Ct BSkSBl I nn s. . ,wjt.m-m. noi I.WWI.W m uo oi uiop Wootlenware ro. 1 tuns, ; 20. 2 tuos. So 6; No. 3 tubs. $45; 3-noop palls. $1.69; 2-hoop n.n. i Aftiiil SO-, dounle n'Aihhonrd t Vi" 7n- . . . .... . . "V common wasbooards, $1.S&1.9U; clothespins, C0j 65c per box. Iron and Steel. Bar iron. 2.50c: horseshoe bar. 2.T5c; nail rod. 7c; plow slab. 4.50c; American cast steel. 9Qllc; tire steel. 3ft34:; spring steel, 45c. Leather. Oak sole, 32942c; hemlock sole. 289t8c; harness. 23 ft 40c; skirting. 28ft 40c; single strap. 419 45c; city kip. 60ft 80c; Frencti kip. )cft$1.20; city calfskin, aocftji; trencn causxin. i.2O4j0i.8ä. Sails and Horseshoes. Steel cut nails. $2.50; wire nails, from store. $2 25 rates; from mill. $2.15 rates. Horseshoes, per keg. $4. mule shoes, per keg. $4.50; horse nails. 455 per box. Barb wire, galvanized, $3; painted, $2.75. Oils. Linseed, raw. 35c per gal; linseed oil. boiled, 36c per gal; coal oil. legal test. UftlCc Produce, Fruits and Vegetables. Apples Fancy Eastern, per brl, $2.759$; bulk, per brlj $2ft"2. 25. Bananas Large. $2 pei bunch; medium, $1.50. Catlage Holland Seed. $2 per 100 lbs. Cider Per brl. $4.50: half brl, $2.50. Cocoanuts $3.50 bag. 50c doa. Cranberries Jersey. $2.50 per bu; $7.25 per brl; McFarlln. $8.25 per brl. Dates Walnut. $1 per box; package dates, 301b box. $1.95. Figs Smyrna.. 10c per lb. Grapes California grapes, per crate. $1.50; New York grapes, s-lb basket. 25c; pony baskets, 17c; Malanga. in brls. $4Q4.50. Hickory Nuts Per bu. $1; shellbarks, per bu. $1.65. Honev White clover. 16c per lb. Kraut Per cask. 45 gals $S 75; per brl. 30 gals. $4 75; per half brl. 15 gals. $3 Lemons Extra fancy Messina. 360 size. $3.75 box; 300 slxe. $4.50. California. 22i to 360 size. U.M. Michigan Celery 202f.c pet bunch. Navy Beans Per bu. $2.25. Old Pop Corn 3c per lb. Onions $1 20 per 100 Iba yellow or red. Oranges California Valencias and Michaela $4 per box; Florida. $2.75ft3; Jamaica, per brl. $5. Parsnips 75c per bu. Peaches California Sol ways. $1.15 per box. Pears Per bu. $11 25. Persimmons Per crate. 750öc. Pineapple Florida, per crate. $2.75ft3. Potatoes Northern stock, 75o per bu. Spanish Onions $1.15 per crate. Squash Hubbard, l'ic per lb. Sweet Potatoes Illinois. $3; Kentucky, $3. Turnips 5c per bu. Rutabaga. 5oc per bu. Walnuts Native. 60c. Provisions. Sugar-cured Hams Indiana, 14 to IS lbs avero 1 3c Shoulders English cured. Reliable. 18 to 20 lb average, 8Vc; sugar-cured, Indiana, 8 to 10 lbs average. 9c. Pickled Pork Indiana bean or Jowl, per brl. 200 lbs,. $13. rump, per brl. 200 lbs. $13.50; family, per brl. 200 ibs. $16.50; fsncy clear bean, per brl. 200 lbs. $20 50; fancy Hireless pig, per '.rl. M lbs. $21. Also half brls. 100 Ibst at half the prloe of the brls. adding äoe to cover additional cost of package. Lai l K t tie rendered. Sc. pure lard. 84c. Bacon 'lear bellies. 25 to 30 lbs average. 9c; tv to B lbs average. ?'3c; II to 16 Ibb average, I0'5c; clear back?, 20 to 30 lbs average. c; li to 15 lbs average. UHic; a to 10 lbs average, 11c; clear sides, about 50 to 60 lbs average. 9V4C; 30 to 40 lbs average. 20 to 30 lbs average. He. in dry salt, Vc leas. Seeds. Seed clover, prime. 50gx5: English clover. M9f..V); alslke. VJylJ. Timothy, prime, fl.75'2. Fancy Kentucky bluegrsss. $1 5t1.75; extra clean. Sis07Oc. Orchard prrasa, $2fy2.25; red top. 9ocy$1.75. English bluegrass. $2. LOCAL SECURITIES; THEIR CONDITION Th4 Atlas Eafflaa Works. Beginning of plant was in 1S72. and is now known as one of the principal industries of Indianapolis; has grown from a small beginning without combination or absorption of any other concern until It is now the largest plant in the world devoted to the exclusive manufacture of suam engines aril . ilers. Capital Mock. Common stock $1.000.000 00 Preferred stock, 6 per cent 1.000. 000.00 Oct. 31. 19: Outstanding. Common (authorized $1.000.000)) $750.0$aJ Preferred l.OOO.'KIO.OO Surplus 152.844.74 Preferred stock is cumulative, nontaxable and nonassessable. Par value. $50. Interest pay u bid Feb. 1. May 1. Aug. 1 and Nov. 1. Redcmpt Ion. Msy L 1922. st 110 and interest. May 1. IM2. at M and interest. May 1. 1937, at par. officers H. H. Hanna president: II. H. Hanna. Jr . vice president: Bcment Lyn. u treasurer: It. M. Cotfia, secretary. Under this head will lie run. from day to day. statistics upon the condition of the industrla' and railroad companies, banks and trast com panle. whoae stocks are deait In on the local Stock Exchange.''

k7 if' v v " w" r " sr Lad 6'uTc for pressed bars. Wood Dishes No. 1. per 1.000. $1 80493: No. X $202.20. No 3. $2.202.30; No. . $2 80ft 3 Twine Hemp. 1218c per lb; wool, fölOc; flax.

1 tut l-'f1.- rntlnn 11

STOCKS SHOW LESS LIFE i

t SITED STATES STEEL AG AIS l'SDER COMIMED PRESSIRE. Result la a Decline to the Lowest at the Close Monetary Ontlook SogKests Conserrntlsm. NEW YORK, Dec. 11 There was rather le?s activity in to-day's stock market, and the dealings were more congested In a few stocks. United States Steel preferred was between thrse and four times as active as any other stock In the list, and It was pressed on the market diligently all day. Its price was forced down to 51, which w.'s r.ly I trlfl- rtior" than two point? abOTS th--lowest. The common stock sold at 10, which is on a parallel with the lowest, but the dividend of Vs per cent, came off the price yesterday. There was no actual news accompanying the selling, but very rpeciflc assertions were In circulation that a reduction of the dividend rate on the preferred for the present had been practically determined. Published estimates of the heavy shrinkage in the net earnings of the corloratlon al5o affected this stock. Brooklyn Rapid Transit, which was next in point of activity, was reactionary on what seemed proflt-takinK. Traders In the stock affirmed that the movement was designed to shake off an unwieldy bull following. Less was heard to-day of the various deals concerning this property which were talked of during the rise. AmalKamated Copper. Erie and Pennsylvania were very confplcuous in the trading and had periods of strength. The buying of Erie was attributed largely to London account. So long us trading continued In London the market showed points of strength, but afterward the advance melted away very generally, Brooklyn Rapid Transit receding to near the low point of the morning. The upward spurt in People's Gas was apparently due to a Judicial decision in favor of the company. The reactionary forces la the market did not develop great activity, and the movement suggested rather a cessation of the advance than new factors of weakness. There is a. prevalent sentiment that prudence in the making of new commitments pending the annual settlements is desirable. The estimates of the regular express movement of currency for the week point to a balance in favor of New York of between $2.000,000 and $2.500.000. As the subtreasury operations have absorbed $671,000. the tash reserves of the banks probably have Increased during the week between $1.500,000 and 1 ,080. The active speculation of the week possibly involves some expansion of loans, and the call money rate ran up rather suggestively to 6 per cent, late this afternoon, after an easy tendency in the early part of the day. The news from Baltimore of clearing house measures for the protection of one of the banks cused a rather unpleasant impression. The figures of the production of gold In the Rand for November, snowing a decrease of more than 4,000 ounces compared with October, will be disappointing to the London market, which is looking to a gradual increase of the Band output to help toward relieving its rather urgent requirements for gold. The stock market closed heavy and at about the lowt St. Bonds were irregular. Total sales, at par value, were $2.S29,o0O. Cnlted States bonds were unchanged on the last call. Following are the day's share sales and the recorded price changes: High- Low- Clos. STOCKS Sales, est. est. Bid. Atchison 11.270 6SV 67 67 Atchison pref 650 92 92 92 Baltimore & Ohio 10.600 79 78 7s B. & O. pref 200 87 7 X7'a Canadian Pacific 1.400 118 117 118 o-ntrul of New Jersey 155 Chesapeake & Ohio 1.950 32 32 32 Chicago & Alton 1.600 34 34 34 '. & A. pref 684 Chicago Great Western... 400 16 16 16 Chi. G. W. pref. B 600 28 27 27 Chi. & Northwestern.... 140 164 164 163 Chi. Term, and Trans 8 Chi. T. and T. pref 17 C. C, C. & St. L 500 74 73 73 Colorado Southern 600 14 14 14 C. S. first pref 570 54 54 53 C. S. second pref .0 23 23 22 Delaware & Hudson 200 1584 158 158 DsL, Lack. & West 243 Denver & Rio Grande 21 D. & R. G. pref 200 72 72 71 Erie 67.950 29 29 29 Erie first pref 3.020 68 67 67 Erie second pref 2.558 61 49 49 Great Northern pref ; .... I60 Hocking Valley 73 Hocking Valley pref 82 Illinois Central 1.272 129 129 129 Iowa Central 19 Iowa Central pref 38 1 Kansas City Southern 18 K. C. S. Dref 34 Louisville & Nashville.... 2.100 106 105 105 Manhattan L 6.560 142 140 144 Met. Street-railway '. 2.530 122 121 121 Minn. & St. Louis 500 59 58 59 Missouri Pacific 20.070 93 91 92 Mo., Kan. A Texas 17 M.. K. & T. pref 600 38 38 38 Nat. R. R. of Mex. pref 36 New York Central J.OoO 118 118 117 Norfolk & Western 1,000 57 67 57 N. A W. pref 87 Ontario A Western 1.235 21 21 21 Pennsylvania 71,770 117 116 116 P.. C, C. & St. L 60 Reading 24.200 44 43 43 Reading first pref 100 77 77 77 Reading second pref 59 Rock Island Co 1.000 26 25 25 Rock Island Co pref 800 61 61 61 .t. L. & S. F. 1st pref 60 St. L. a S. F. 2d pref 44 St. Louis Southwestern... 800 14 14 14 St. L. Southwest, pref 32 St. Paul 15.2C0 142 140 140 St. Paul pref 171 Southern Pacific 157.525 47 4 46 Southern Railway 2.92i 2 1 20 20 Southern Railway pref 1.700 77 76 77 Texas & Pacific 2,010 25 24 24 Tol.. 8t. L. & West 225 21 21 20 T . St. L. & W. pref 33 Union Pacific 21.050 77 76 76 I'nlon Pacific pref 87 Wabash 100 20 20 19 Wabash pref 1.750 37 36 3 Wheeling A Lake Erie 16 Wisconsin Central 200 17 16 16 Wis. Central pref 800 28 37 37 EXPRESS COMPANIES Adams .... 220 American 185 United States 101 Wells-Forgo 200 MISCELLANEOUS Amal. Copper 63.450 47 45 45 Am Car and Foundry.... 400 18 18 18 Am. C rnd F. pref 400 66 65 65 Am. Linseed Oil 9 Am. Linseed OH pref 29' Am. Locomotive 200 14 14 14 Am. Loco, pref 75 Am. Smelt, and Refining. 1.200 48 4su Am. S Sad H. pref 410 90 89 K9 Am. Sugar Refining 9.200 124 123 123 Anakonda Mining Co 400 75 76 76 Brooklyn Rapid Transit. .101.660 51 49 49 Col. Fuel and Iron 26 Cot and Hocking Coal.... 1.300 12 11 12 consolidated Gas 3.450 1S4 182 182 General Electric 8.i0 166 185 164 International Paper 100 10 10 10 Inter. Paper pref , 63 International Pump 100 30 30 29 Int.-r IMmp pref 100 70 70 68 National Biscuit 36 National Lead 100 lfi4 16 15 North American 300 77 77 75 Pacific Mall 36 People's Gas 29.745 99 97 98 Pressed Steel Car 695 26 2.', 2." rtisssd Bled Car pref 66 Pullman Palace Car 214 Re.ub!ic Steel 300 g 6 6 Republic Steel pref 2.9(0 4 3 39 Rubber Goods 700 18 18 P Rubber Goods pref 71 Tenn. Coal and Iron 2.7W 32 31 31 Unit I States Leather.... 1.200 7 7 7 r s Leather i-r. f 400 76 76 75 United States Rubber ISO 10 10 9V U S. Rubber pref 18 United States Steel 19,525 10 10 10 i U S. Steel pref 280.320 54 51 Westers Union 300 87 86 86's Total ftles 841.700 Ex. dividend. l .MTKi) STATES BONDS United States refunding twos. reg.. United States refunding twos. coup. United States threes, reg ..lflt .10 ..li : ..107 : 4 ..109 ..110 ..I0114 ..101 United States threes, coup United States new fours, reg... United States new fours, coup. United States old fours, reg United Stales old fours, coup... United States fives, reg United States fives, coup PRIVATE WIRE ADVICES ON THE CONDITION OF STOCKS. Kfillrontl securities Held Ip Well Inder ItiK llrenk In Stccl Preferred Hears I sinjc Steel to Pat List Down. A. W. Thomson. Indianapolis. SfMW Y;;K. Dec. 11 Railroad securities maintain-1 a stubborn resistance to the decline in Steel preferred to-day. which was dealt In in large volumes of stock, over 200.111 shares changing hands at a loss of $ per cent. There seems to be little doubt but insiders supported the rails to market Steel, otherwise trailers would have attacked- the list and considerable losses would have been seen. Any further favorable or bullish sentiment that remained in th- street recently was largely dispelled to-day with the breaking of Steel preferred. It seems unnecessary to comment upon the fact that the seltng of this stock was by Insiders only, who are preparing themselvea apparently, later on for a lower range of prices all around. With the advances shown in the market of 10 to 20 points In the past three months, we have looked for a reactionary tendency coming around the middle of this month,

Local Financial Gossip;

Bankers' The local banks are advised by their Chicago correspondents that several of the larger national banks of that city are buying much more commercial paper than they did last month, which indicates that there is not so much general borrowing now as during November. Some of the Chicago banks are now making six months' loans at 5 per cent. xxx One of the Washington -street banks yesterday received from a Philadelphia house offerings of commercial Western and Southern commercial paper. With the exception of one $10,000 note all of this paper Is 6 per cent. This does not Indicate that the general money conditions over the country are easing up to the extent which it is reported they are in Chicago. XXX Of the general money condition, as seen from New York, the Wall Street Journal says: "Currency is coming In from the country now at about the same rate as last year at this tlmj. The receipts of mutilated currency for redemption at the subtreasury average about half a million daily. Part of this is from local circulation. At present money seems to be going out to New Orleans a little faster than it is coming in from other pfaces. So far this week, since Friday, there has been transferred to New Orleans, through the subtreasury. $1.625.000. which compares with transfers of only $150.000 for the whole of the corresponding week of last year. The situation at present is not essentially different from that in former years during the first half of December, except that the high price of cotton makes the demand for currency at New Orleans larger and more urgent than ever before. This Is by no means a bad indication for the future. The planters, who have profited by the rise In cotton, will deposit the proceeds in banks, and the banks will send the cash to New York to earn interest while the next crop is being made." K X X The poor October gross earnings statement of the Illinois Central is explained by the delayed cotton movement. XXX Says a New York wire to Meyer & Kiser: "The feeling here seems rather favorabe to a further downward trend In stocks, as a number of disturbing elements are noted. All the Inpreparatory to the gathering of funds for January disbursements, and later a continuation Df the general advance culminating shortly after the first of the year. These movements may be followed, as far as rails are concerned, but we must confess that we hardly looked for the violent liquidation in Steel, as has transpired, which makes the situation as regards the market In the futures exceedingly difficult to prognosticate. It Is known that the political situation of 104 at Washington is receiving unusual attention from the banking interests here; and It is likely that the course of values in our market In the future may be determined by the success of these interests In obtaining what they consider a representative man who will treat fairly the business interests of the country. That the large financial interests are banded together against the present administration. there is absolutely no question, and it seems quite certain that our security markets In the future will depend upon the outcome at the Republican Yiational convention next summer. Railroad, stocks weakened at the close, on the report from Washington that Colombian troops had landed at the Isthmus, though this matter is unimportant. It is not unlikely that the railroad market will be supported and that the continued short selling will cause very sharp rallies. Meyer ft Kiser, Indianapolis. NEW YORK. Dec. 11. There was Just one distinct and effective Influence in to-day's market, and that was the weakness of the stocks of the United States Steel Corporation. The weakness In that quarter was sufficient to bring about an erratic market, irrespective of sentiment or specific views of professional traders. It is not possible to assign any clear explanation of the decline In Steel, and It would seem as if the present feeling towards that stock was but the recrudescence of that nervousness which was so apparent a month or so ago. The condition of the steel and Iron trade is such that there is always a plausible foundation for a bearish rumor in it. The selling of Steel to-day, Iartlcularly the preferred stock, was not confined to traders operating on the short side of the market, but It represented actual liquidation. The source of the liquidation can only be guessed at at present. Whether this liquidation , 1 t yi eexruieu a. 01 en.no w leuge in impending adverse developments or not It is difficult to say. It Is not possible to assert that to-day's market was unqualifiedly weak for the very reason that the undertone was such during the whole trading session as to contradict any such statement. The railroad list was strong at times, then ah easier tone would develop, to be succeeded by an incipient rally. The traction stocks lost their aggressiveness and the movement of Brooklyn Rapid Transit gave the impression that those who had Judged the insp iration of its strength heretofore to be man ipulation were not good Judges. The market i moved irregularly and trunk line grangers. Pacifies and coalers were alternately Arm and easier In tone. The Industrial list, of course, felt the Influence of the weakness In the Steel stocks, and moved Irregularly. People's Gas was strong on the belief that a decision favorable to the company will soon be rendered. News developments were not important. Call money rates were normal, and the preliminary estimate of cash changes Indicated a loss by the banks of about $3.000.000. It is very easy to develop the spirit of bearlshness and almost impossible to Inaugurate bullishness. Hut it is exceedingly unwise to take every reaction in the market as the precursor of a slump of unlimited extent. This market has sufficient virility in it to make it dangerous for a continuous performance on the short side. A. R. Thompson & Co., Indianapolis. NEW YORK. Dec. 11 There was a marked improvement in the money situation to-day. Call and time funds were offered in greater freedom. The big gain of $2,500.000 from the interior bears out our argument to the effect that the volume of return has set in. The net gain of $2,000,000 Indicates that the bank statement will be favorable. In anticipation of this we look for a general covering movement. There was excellent absorption of the good railroad stocks to-day by Investors and Insiders under cover of the weakness in United States Steel preferred. There are Indications that the Rocke-feller-Gould group are likely to be pushed to the front very soon, and we recommend the purchase of Missouri Pacific. Wabash and Texas Pacific. We also believe that the Erie, Southern Pacific and Amalgamated Copper will be found conspicuous. There Is hardly any doubt that the pressure on United States Steel preferred, which was chiefly short selling, is nearlng a temporary culmination. At least the volume of trading In the afternoon indicated ma. a. a . 11. mere in no reason 10 expect an advance in the stock on anything else but short covering, at present, and we see nothing to buy it on. when there are other good opportunities. Brooklyn Rapid Transit may now be bought again, when soft, for the turn. MONETARY. Rates on Loans and Echaaire ClearIn K" and Balances. INDIANAPOLIS. Commercial paper, 4f per cent. : time loans, 5M per cent. Clearings, $1.07$. 958. 79; balances, $2ö7.7.0.7.". NEW YORK. Call money firm at 56 per cent.; closing bid. 5; offered at 6. Time loans easier; sixty and ninety days. 6 per cent.; six months. T.'j. Prime mercantile paper. 6 per cent. Sterling exchange firm; actual business In bankers' bllls, $4.s3 354 .83.40 for demand. $4.79.904.80 for sixty days; posted rate $4.80 Ca4 81 and $4.844.84H; commercial bills, $4.79Vii 4.79. Money Hates Abroad. LONDON Money. S43 per cent.; discounts. 3 15-16S4 and 3T&3 15-16. Consols, SSVj 89. PARIS. Three per cent, rentes, 9Sf 60c for the account. Markets for Sllrer. NEW YORK. Bar silver. 54ic; Mexican dollars. 41c. LONDON. Silver bars, 254d an ounce. Treasury Statement. WASHINGTON. -Friday 's statement of ths treasury balances in the general fund, exclusive of the $liV.u00, 000 gold reserve in the division of redemption, shows: 'Available cash balances $226.537.617 Gold llM.'ir-ai Silver 7,5ttO,321 COTTON MARKET STRONGER. F.url Advance on Short Covering Sew Orleuns BlKJgest IIull Factor. A. R. Thompson A Co.'s Wire. NEW YORK. Dec. 11. The cotton market opened higher on the unexpected sharp advance in Liverjiool. which was due to heavy continental demand and l'ght offerings. Heavy short covering was indueel and some outside buying. It was so well supplied by holders anxious to take profits that the rise soon subsided only to break out again on a fresh batch of buying orders The market was very Irregular and nervous until late In the afternoon, when a report from New Orleans of heavy buying by the ball clique there started the market up again. The close was steady around the. best prices of the day. There seems to be a opposition in many quart, rs to prepare for the holidays, and it is very probable that on any further show of strength heavy teallslng will be encountered. The market promises to afford Tttrnctlve trading opportunities, but we believe that it will be safer to play the long side on good reactions than the short side. The range: Open High. Low. Close. December 11.S6 12.07 ILM 1. : January 12.10 12.20 12 Oi 12.' i March 12. 12.42 12.27 12 42 May 12.40 12 52 jfjf 2: I July U.SJ 12.il ULM

and Brokers' Talk

formation regarding the Steel situation appears to be extremely unfavorable. Rumors are rife of trouble between the Moores, representing the 'Frisco system, and the Rockefeller party." XXX The strength of the railroad stocks yesterday, in the face of the decline of Steel preferred and the general bearish pressure on the whole market. Is noted In every brokers' letter and Is regarded as significant of the great strength of the railroad securities. x x a Logan & Bryan wire A. W. Thomson as follows: "Notwithstanding continued pressure by bears In Steel preferred the stock market has acted well and shows unmistakably strong undercurrent. The Steel preferred selling Is still a mystery, but rumors of something unfavorable are rife. Granting reduction of dividend rate to I i" r cent, it would seem to be discounted at present price." XXX "If the dividend of the preferred stock of the United States Steel Corporation were put down to a 5 per cent, basis that reduction would not make the stock an undesirable investment." said a local broker yesterday. "There Is a good deal of talkt and there has been for some time, of the dividend being reduced to 5 per c-nt. When the stock can be bought around 50. why Isn't it a good investment, even If It is reduced to a 5 per cent, basis?" xxx It was reported from Wall street yesterday that the Erie second preferred stock will be put on a dividend-paying basis In January. The company has not yet marketed its last bond issue and Its prior lien bonds are selling at 86. XXX As the Steel and Traction stocks have been subjected to pool manipulation and have advanced sharply, declines in them yesterday did not have the effect expected. The railroad list, although selling off In Sympathy, held fairly well and showed evidence of good support. While further reaction may be expected, owing to the unsettled condition of the steel trade, we believe the worst conditions are known and have been discounted by the severe decline in these securities. We favor purchases of good dividend-paying securities on any further reaction. Albert R. Thompson A. Co. WASS0N PREFERRED STOCK SOLD Trassier Made at IOO General Bidding Bullish Quotations. Forty shares of Wasson preferred stock were sold on the Stock Exchange yesterday at 100. This was the only sale of the day. The general bidding -yesterday was somewhat more bullish than for several days and the bid price on Important stocks was advanced. Following are the official quotations: STOCKS Bid. Ask. American Central Life 76 American National Bank 149 .... Atlas Engine Works pfd 109 Belt Railroad common 105 110 Belt Railroad pfd 118 Brown-Ketcham Iron Works pfd 107 Capital National Bank 155 Central Trust Co 130 14) Climax Coffee and Bak. Pow. Co 0 Columbia National Bank 102 105V4 Consumers' Gas Trust Co 600 10U0 Delaware & Madison Co. Tel 45 Federal Union Surety 100 Home Brewing Co 115 120 Indiana Hotel Company 65 Indiana Manufacturing Co 100 In. liana National Bank 9 235 Indiana Title Guar, and Loan Co 65 80 Indiana Trust Co 161 167 Indiana Union Traction 19 Indianapolis & Martinsville R. T 50 Indianapolis Fire Ins. Co 145 150 Indianapolis Gas Company 75 Indianapolis & Eastern pfd 90 98 Indianapolis Street Railway 76 82 Indianapolis Traction A Terminal 30 40 Law Building 75 90 Marlon Tru; t Company 220 Merchants' National Bank 196 206 New Castle Bridge Co 105 ... New Telephone Co 81 85 New Telephone, long distance 59 63 People' 8 Deposit Bank 110 115 Rauh Fertilizer pfd 100 Security Trust Co 104 106 Union Traction common 26 30 Union Traction pfd 73 Union Trust Co 235 Van Camp Hardware Co. pfd 107 Wasson pfd 100 105 BONDS Broad Ripple Traction 5s 89 .... Citizens' Street -rail road 5s 1064 HO Delaware & Madison Co. Tel. 5s 90 Home Heating & Lighting Co. 5s 100 Indiana Union Traction 5s 824 Indianapolis & Greenfield 5s 97 102 Indianapolis A Eastern &s i. Indianapolis & Martinsville A. T. 5s. 89 95 Indianapolis A Martinsville R. T. 5s. 89 95 Indianapolis, Columbus A Southern.. 98 101i Indianapolis Gas Co. 6s 102H 105 Indianapolis fc-trect-railway 4s 78 yi Indianapolis Water 5s 99 10L Kokomo Railway A Light 5s 994 101 Merchants' Heat & Light Co. 6s 102i 103 New Telephone first 5s 85 90 New Telephone second 5s 78 82 New Telephono L. D. 5s 95 Union Traction 5s 93 98 Union Traction 5s 95H 98 With interest. For delivery when issued. The Steel Trust. Nothing in the world can be said in defense of the Steel trust's enormous capitalization at the outset and its speculative manipulation ever since. Those who put It together never had much faith in it. They made their money by selling the bonds and shares to the public, and then by organizing syndicates to squeeze he last drop of blood but of the purchasers of the stocks and bonds. If the Inside history of this most remarkable industrial bubble of our times could be written it would put to shame some of the millionaires of this get-rich-quick era who hold their heads very high. Jasper. In Leslie's Weekly.

With the Grain Brokers; ' Present Market Conditions

The wheat bulls had a large and successful inning yesterday. Aside from the expected natural reaction fcr higher prices, from the decline of the two previous days, the bulls had the support of the government report, which is regarded as very bullish. The break Thursday created a good-sized short interest, and the government report started the shorts to covering early. All the options were active and higher right from the opening. xxx Primary receipts of wheat yesterday. 796,000 bu against 826,000 bu last week; corn. 427.000 bu against 602,000 bu the previous week. Primary shipments of wheat, 285.000 bu against OMM bu; of corn. 247.000 bu against 275.000 bu last year. Total clearances of wheat yesterday amounted to 1T8.0) bu, of corn 51.000 bu, of flour 106.000 bbls. xxx The Modem Ml'.ler says: "Snow has been general throughout the central and northern part of the winter wheat belt. The checked growth of the plant in most sections will necessitate plentiful moisture and favorable weather when the plant enters the growth period next year." xxx "Higher wheat cables were a distinct surprise to-day. In the face of the weakness of our markets yesten'ay. The government report likely had some effect on Liverpool. Armour has very little company on th- bull side, and it doecn't ! oh as if he ha1 made any real attempt to unload his line. The small movement of corn Is shaping the market for higher prices." Flnley, Barrel! A Co. wire to Albert R. Thompson A Co. yesterday. v a The Liverpool Corn Trade News estimates the movement of wheat from the farms in the T'nited States In November at 61.000.000 bu. against 63.000.00) bu the same period last year. The aggregate movement from the farms the past flvo months Is estimated approximately at 280.(,.0,000 bu. compared with 327.O00.Oi"! bu fVv the hame period last year. Millers In the T'nited States and Canada enjoyed an active movem.-nt during November, according to the Crn Trade News statistics, and sales were unusually heavy. xxx The Spencer line of December wheat originally amounted to about 11.000,000 bu. according to reliable advices from St. Louis houses to the local brokers Settlements made thus far agcrepato about 4.000.000 bu. It Is understood Spencer and his crowd already have $1.000,000 profit in sight from their corner. xxx A careful survey has recently been made of the Southwestern what situation with a view of deciding how much wheat is available In Kansas and Its quality. Those who have made this Invstlpation summarize it by estimating that 73 per cent, of the wheat has been marketed In that portion of Kanoas which grew he p ! quality grain. In the West, where the crop wss heavier and the quality poorer, about 40 per ccr.t. has been marketed. In the territory which grew the poor wheat about 0 per cent. Is left. where th" Rood wheat comes from about 25 pr rent. It ! figured Kansas has about 40.(0w bu of wheat left. Of thi amount Is la expected the mills will take about 17.000 0 0 bu. Of the residue. r3.O00.O00 bu. not more than IS to JO p.-r cant, of this ivill be good wheat. And this Kansas City will be required to share with the JSouthwert extorters and with the Northwest r.iülers. The ftouthwrstcra exporters will need to take some of this good wheat to tone up their poor. The Northwest mills have been taking Kansas wheat all season and will continue to Hike the good quality. Tho Kansas mills have bern after the good quality wheat all tha season, and in most sections there is an under

GOOD GAINS IN CEREALS

WHEAT ADDS KEARLY A CEXT TO TUE PRICE FOR MAY. Strength at Liverpool the Principal Faetor Corn and Oats Higher Advaace in Provisions. CHICAGO, Dec. 11. iJirge clearances and a falling off in receipts everywhere caused strength in wheat to-day. May at one time showing a gain of lac from the low point. A light reaction occurred late in the day on realizing, but closing prices were strong. ?c higher. Corn closed higher, oats up 'c and provisions from i'2c to 15c higher. A bullish sentiment prevailed among wheat traders at the opening, due partly to the government eport on acreage and condition of the fallsown wheat. This factor, however, was not as potent an Influence as was the firmness at Liverpool In the face of the weakness here yesterday. The efiect of reports of rains In Argentina was also Just beginning to be felt and the continued small receipts in the Northwest and Southwest were Instrumental in bringing out an active general demand. May was up VsVtc to iiiSc at the start, opening at 81c to 81c, and with only scattered selling the price gradually advanced. There was considerable covering by those who had oversold on the break yesterday and commission houses were active on the buying side. The strength In outside markets and hmall primary receipts intensified the desire to buy. and late In the day, when It was announced that clearances were much larger than usual, there was a bharp demand, which carried May up to 824c a gain of lc from the low point. A part of the gain aas lost on profit taking, but the close was strong, with May KOTfcc higher at 81Sc. Clearances of wheot and rtuur were equal to 656,000 bu. Primary receipts were 795,600 bu. against Sl5,6u0 a year ago. Minneapolis. Duluth and Chicago reported receipts of 499 cars, compared with 757 last week and 622 a year ago. Corn continued strong, although no great . . - . . . V. . . 4 . . . n. i . ' n . .ti.t.ltivait sin , V. t amount ui tMii.iiu.aiii aa ui.-.ij . v, v. . buying side. It did not require much buying to advance prices, however, as offerings were light. December was In fair demand from shorts, who are becoming somewhat alarmed at the smallness of receipts and light stocks. May opened a shade to sö Sc higher at 43'4c to 43N . ranged between 43VC and 43V. and closed at 434 Öi43Hc. Receipts were 180 cars, three of contract graae. There was an urgent demand for May oats from commission houses and shorts, and some of th buying was credited to big longs. The streng 'h in wheat and corn helped to advance prices, as did the small receipts. Scalpers took advantage of the better prices to secure profits and In doing to caused a slight reaction, but the close was strong. May opened He to He higher at l6ff3bHc and sold between 36liC and 37c, closing at 3Tc. Receipts were 134 cars. Bi.ylng for investment account and covering by shorts weie the main supports of the provision market Higher prices for hogs caused a fair advance early and the opening firmness was well maintained. May pork closed 15c higlur at I1J.67H. lard was up L'HÖöc at and ribs were 7c higher at So.271. Estimated receipts for to-morrow: Wheat, 70 cars: corn. 610: oats. Iff; hogs. 24.i0 nead. Leading futures ranged as follows: Articles. Open- High- Low- ClosWheat ing. est. est. lng. Dec... 80 -8ÖH S0H 79 70S May... 81 -81 824 H 814-81 July... 76V77 77 N 77' Corn Dec.... il 42's 41 42 May... 43V43 43 43, 434-43 July... 43-U 43 434 43-434 OatsDec.... 34 35 34 34 May... 86-36 37 14 304 July... 34 34 33 84 PorkJan... $11. 27 $11.45 $11.25 HM9I May... 11.60 11.80 11.67 11. 67 Lard yin... .42 6.50 42 6.47 May... 6.62 6.70 6.60 6.62 RibsJan... 6.05 6 17 05 6.10 May... 6.22 6.32 6.20 .27 New. Cash quotations were as follows: Flour steady. Wheat No. 3 spring, 78082c; No. 2 red. &2 84c. Corn No. 2. 424c: No. 2 yellow, 444c. Oats No. 2. 3535c; No. 3 white. 3540374c. No. 2 rye, 51c. Barley Good feeding. 3637c; fair to choice malting. 430:57c. Flaxseed No. 1. 92c; No. 1 Northwestern, 984c. Prime timothy seed, $2.85. Clover Contract grade. $11. Mess pork, per brl. $11.500 11.624- Lard, per 100 Ihs, $6.47. Short rib sides (loose). $6.124''.. Short clear sides (boxed). $6.124.25. WhiskyBasis of high wines, $1.27. Receipts Flour, 29.000 brls; wheat, IJO.OOO bu; corn. 184.000 bu; oats, 227.600 bu; rye. 8.500 bu; barley, 138.700 bu. Shipments Flour, 53.300 brls; wheat, 14,600 bu; corn. 103.800 bu; oats, 104,000 bu; rye. 2.860 bu; barley. 12.600 bu. LOCAL WHEAT AND CORN MARKETS ARE STRONGER. General Advance of l-2c on Wheat Prices and Corn Advances 1-4 to l-2? Oats and Hay Steady. The local cash wheat and corn markets are stronger, folloalng the lead of the option market. There was a general advance of Vc on the prices for cash wheat yesterday, and an advance of from K to He on the new corn. This puts No. 2 red and December wheat to 86Hc. against 86c. Thursday's price, and lc away from the top price for the crop, reached Wednesday. The leading grades of the new standing between the dealers and the millers that the latter are to have the good wheat, while the dealers handle the poor. This arrangement has been satisfactory because it has given the dealers the bulk of the grain to handle, while the millers have had the quality tney need. The good No 2 hard wheat in Kansas City sells about 4c over the December price. xxx The Northwestern Miller made the total flour output in the Northwest, at Minneapolis, Duluth snd at the country mills, 66,001 barrels, compared with 512.000 barrels last year The Northwestern flour grinding was the output of 2.681 -WO bushels of whest. X X A Broomhall cable gives the official estimate of the wheat crop of Great Britain this year at 47,644.000 bushels, against 58,463,000 last year, and a five-year average of 61, &9.000 bushel's. Oats. 15S.850.000 bushels, against 1 200,000 bushels last year, and a five-year average of 17o,2J,ooo bushels. xxx The final estimates of the total acreage production and value of the principal crops of 1903 will be Issued on Dec. 28. xxx A Minneapolis wire says: "The average of estimates of elevator men of the Northwest on the movemerr of wheat in the three States Is that 7." per cent, of the crop has been marketed in North Dakota. 60 per cent. In South Dakota. and m per cent. In Minnesota. Th- rssgs adds that on the basis of the Jones estimate this would leave only .'18,000,0 i bushels t0 be marketed In the three- States after setting atde 11.U0O.0CO busnels for seed, a deduction which It declares U startling If true.' " XXX A Van Dusen- Harrington wire to a local broker summarizes the Xorthwestern situation as follows: "The Northwestern situation has not changed any; on the contrary, the fact that supplies will be none too plentiful for the balan. e of the year is becoming more apparent. The country movement continues light for this time of year. Some of the elevator lines report receipts not over one-third those of normal years." XXX Of the condition of the growing whest crop In Indiana, the Cincinnati Price Current says: "In Indiana reports regarding condition of wheat are somewhat conflicting. In general the Indications are that the growth Is small, some showing thin on the ground, and in southern counties the soil Is too dry. Conditions are bet: r In northern than In southern counties, and may b regarded as generally satisfactory. Cora husking is well advanced, movement is Increasing slowly, much Is too sappy; some are holding for better' pr;ees Less old hogs and more young hogs than a year sgo; total supplies probably shout the same as a year ago; moderate complaint of disease Present dlsiositlon is to ship stock relatively light in weight." XX Of the general grain and crop conditions the Price Current says: "There has been moderate freeting weather without much precipitation during the last week In the winter wheat se The complaints of dry weather are more pro- ' nounced than pievlously. The shortcomings In the present condition -if the crop are due largely to small growth, owing to dry soil, which csn be bettered by favorable weather Ister. Complaints of Insect damage are scattering and on the whole not serious. "Considerable progress has been made lately in gathering and husking corn, weath r conditions being very favorable for ths work. The quality and yield continues to be reported decidedly irregular. Maiketing of new corn has been late In starting, but is Increasing; ths Interior feeding demand Is less thanjlast year. Supplies of rough feed generally are erai."

corn are worth 404c. Tt price had steady at 4uc for several days Oats

ruled steady yesterday. The range: Wheat stronger: No. 2 red. 84c track. on milling- fretsrht ; No. 8 red. U4c track; De cember. y; K"n. Corn stronger. No. 2 white. 40c; No $ white. 44c; No. 4 white. 4r: No 2 white mixed, 404c; No 3 white mixed. 44c; No. whit mixed. c: No. 2 yellow, 40c: No. 3 yellow, 4"4c; No. 4 yellow. 38 4c; No. 2 mixed. 404c; No. t mixed. No. 4 mixed. V. ear. SV . wagon market, new. 45ff50c; old. 40&45c. Oats steady. No. 2 white. c. No. 8 whtta, 374c: No. 2 mixed. 4'. No- 3 mixed. J4c Hay steady; No. 1 timothy. $11.25; No. 2 timothy. M Inspections Wheat: No. 2 hard. 1 car: no established grade. 1; total. 2 cars. Cora: No. t white. 4 cars; No. 4 White. 2; No. 3 whits mixed. 1; No 3 yellow. 2: No, 4 yellow. I; No. 3 mixed, 13; No. 4 mixed. : ear. 3; total. 8t cars. Oats: No. 2 mixed. 1 car. Hay: No. 1 mixed, 2. WAGON MARKET. Receipts of corn and hay liberal; prices ua changed Corn Per bu. S4i'-c; new. 4fj?50c. Oats Per bu. 880 SS. Hay Timothy. $11012; clover, $73; mixed, Slieaf Oats Per ton. $8010. BROKERS' VIEWS ON THE WHEAT AND CORN MARKETS. Wheat Advances on Bullish Govern isent Report and I nae-ttled Weather In Argentina. Meyer ft Kiser, Indlanspolts.l CHICAGO. Dec. ll.-The market this nv was in a very fcood position to respond to bullish advices, as the lesser longs were pretty well sold out st the l -s hist night. The fsctora In the opening strength were the government report and the unsettled weather in Argentina, which was reflected in firmer cables. The government report Indicates a yield of 4$7,00,000 bu. which Is 100.000.000 less than the prospective crop last year. As the nession progre d bullish advices continued to come in and there was little in the way of statistics or crop advlcea to encourage the short seller. The Northwestern receipts were small, tha Winnipeg rvcetrts 88 cars, compared with 104 a year ago. and country movement on both sides of the line Is light Stocks In terminal and country elevators in Canada are very much smaller than a year ago. The cash trade was very much improved. The foreign demand was onoiurauing. One house sold f'irty-elght loads of Manitoba and Kansas wheat for direct export late yesterday and to-day and the seaboard reports flftv-elght loads worked st sll ports. Stocks st Minneapolis Increased so far this wee 900.000 bu. sni st Duluth .W.0O0. The Liverpool market closed higher. Estimated receipts tomorrow. 70 cars. Corn was firm and. at times, materially higher, with a growing bullish sentiment. The country movement through Illinois is said to be lighter, and there is nothing offered from the country west of the Mississippi. Receipts are moderate and were in better demand In the cash crowd, ruling Vjc higher. The demand for shipment was -lack, but the seaboard rej-orU-d thirt-tws loads worked for export. Cables ware Arm, Liverpool closing higher. Estimated receipts tomorrow. 210 cars. A. R. Thompson A Co., Indianapolis. CHICAGO, Dec. 11. -There has been a goat desl of bull news on wheat to-day. and It has kept the market strong. The government report was deemed rather bullish 13 points under last year, and with the area 3, 000,000 acres less. The cables reported heavy rains in Argentina. The cables did net follow the break made here Thursday. Liverpool was higher and said Its sdvsnce was on the unfavorable Argentina conditions. There were reports of forty loads sold by way of th6 gulf. There were sales of MMSt bu No. l northern by Armour at Ihiffalo. Ths Northwest reported smaller country deliveries. The December sold to 2c under the May. Ths Armour Interest was not conspicuous. It la Imagined tht Important Interests prefer to keep the market within limits for the present to prevent excessive receipts. Seaboard, 0 loads in all. There has been a firm corn market. Influenced by the small receipts and ths moderate estimate The futures advanced äüc and ths advance was well held. lÄverpool was higher. There has ben buying In a large way by Comstock. Thero has been persistent taking of December by Bartleit-Frasler. In the last hour ths market had to take a good deal of corn front Bryant. The sentiment la less bearish. Ths wheat strength has been a factor. AT mW YORK. Grata Generally Firm on Llaht Re eelpts nnd Good Demand. NEW YORK, Dec. 11 Flour-Receipts. 12.224 brls; exports. 4636 brls. The market was Jirmer and more active. Wheat Receipts. 2.925 bu: exports. 15.M7 bu. Spot firm; No. 2 red. 90c elevator. 9le t . o, b. afloat; No. 1 northern Duluth. 93c f. o. b. afioat. Options acted generally strong all day. being advanced by fresh buying attracted by the bullish crop report. Other buying motives were big flour clearances, small interior receipts, bullish Modern Miller report and export gossip. The close wss firm st 9c net advance: May. 85485 13-16c. closed st 8ÖVfcc; July. 817gS2 7-16C, closed at 82c; December. 90c, closed at 904c. Corn Receipts, 2C.2&0 bu; exports 6.200 bu. Spot Arm; No. 2. 52c elevator, :.3Se f. o. b. afioat; No. 2 yellow, 56c; No. 2 white, C2c Options were active and higher until ths last hour, when realising caused a setback. Ths market yielded to realizing and closed partly 4c net higher: May. 4m04S -lc. closed at 49 9-16c; December closed at 62c. Oats Receipts. M.000 bu; exports. 8,186 bu. Spot firm; No. 2. 41Vfce; standard white, 42c; No. 2 white, 41' c; No. 3 white. 41Vc, track whits. 41 45c. Beef Arm: beef hams. 820.50422. Cut meats Irregular; pickled bellies. 88. 62e-17 V; pickled shoulders. 16; pickled hams. 11011. Lard Refined Arm: continental, 87.20. Coffee Spot Rio Urin; No. 7 Invoice. 7c. Mild firm. Cordova. TVil l-'c The market for futures opened steady at unchanged prices to an advance f 5 ioints on bull support and further covering, which was sufficient to hold ths market about steady at the opening figures until well along in the afternoon, as the res of Arm primary markets and small receipts Eventually, however, prices eased off with lower French cables and rrslizing. the close being steady st a net decline of 64J10 point. Kales were 111.600 bags. Including: I ec. mber, 6 50q5.6Oc; January. ö. 65e, February. 6.704 t.Mc; March, .4M?t.c. April, 7c: May. 7 lf . July. l.ZSG1.V)c; August. 7 407. c; Sep tember. 7.45fc7.60c; October, 7.601 tember. 7.4&4l7.ftUC, CKtot.c-r. ,.0O4ll 6-C ; Novsnber, 7.65c. Sugar Raw nominal; fair refining. Sc; centrifugal. 96 test. tc; molasses sugar. 2c. Hsflned dull, crushed, 6.06c; powdered, 4Sic; granolated, 4.45c. TRADE IN GENERAL. Quotations nt lt. Lonls, Baltimore Clnelnnntl and Elsewhere. ST. LOUIS, Dec. 11 Flour steady snd mora a.tive; r. 1 winter patents. 84.tt494.SS; extra fancy ana straights, 83. 904X4. ; clear. 83 40418. St. Timothy heed steady st $1 43.80, prime worth more. Com meal steady st 82.30 Bran unchanged: sacked, east track. 74?77c. WheaJi higher; No. 2 red. cash, elevator, nominsl. track, 80991c; December. 90c; May, feilte; July, 7(V0 No. 2 hard, HfiT'.'c Corn hlgh.r. No. 2. cash, 4c; track. 43c: December. 4tc; Msy. 41 c; July, 4lHc osts stronger: No. 2. cash, 37sc; trsck, 3V. December, 36c; May. 88c; No. 3 white, ttWs, Hav firm; timothy. 96 60413 5; prairie. 85 Vk Whisky steady at $1.314 Cotton ties. 61 01. Ragging. 6g4Sfrg. Hemp twine, 5c. Pork higher; jobbing. $11.75. Lard steady; steam rendered, $6.40. Rae 'Si firm: txixed. extra shorts. $7 tt clear and ribs, $7.50; short clear. $7.7S. Receipta Flour. 8.0M0 brls; wheat. 95.0t0 bu; corn. 31. A bu; oars. 47."1 bu Shipments- Flour, S.'v) brls; wheat. ftO.ouO bu; corn 22.000 bu; oats, ,880 bu. KANSAS CITY. Dec. 11 Wheat- D- ember, 68,e: May. 69iaSe; No. 2 hard. 71tjt724c; Nsj. ,u . $3484 No : IsMh mi -lecemler. 37Vc; Msy. 35c; cash, No. fl mixta. 3r. No. 2 white. 34c. No. 8. 8Sc. OstS No. 2 white. S48tc; No. Z mixed. S2Sc. R. (!.ts-Vhcst. ' : bu corn, 23.400 bu; osts, 13.000 bu. Shipment Wheat, 140.40$ bu; corn, f.SO bu; oats. S.OUU bu. ri.VMN.WTI. Dec. 11. - Flour quiet. W quiet; No. 2 red, 84Jf0c Com steady; No. mixed, new, 4Sc. m's srm. No 2 mixed. Rrs aalst; N i 2. SSe. Lrd steady st $$ 2 Hulk meats quiet st $8 75. Bacon steady st 18 WhUVy bUM.ler' finished goods dull oa basis of $1 27. Sugar easy. DULUTH, Dec. IV- Wn eat-To arrive No. 1 hard. fWe. No. 1 northern. T$c: No. 2 northern , 77c. On track. No. l northern. 7Sc; No. 2 northern. 77; No. 3 spring. 74c; uecemaar, 79c; Msy. gl4jHU,c Oats -On track end to srrlve. 24hc. TOLEDO. Iec 11 Wheat December. 88Vr; May. 884c. Clover seed ash. $6.80; December. tf.W: January. $8 824: February. 874. March, $6.92V. prime alslke. 86 6. prime timothy. $1.6$. MINNJ2.VPOMS. Dec. 11 Wheat-December, 79V. May. 81N961V: July. 814 ; on track. No, 1 hard. . No. 1 northern. Sc; No. 2 northern. 798c; No. 3 northern. 734784c. LIVERI'fOL Dee. 11. -Wheat -Spot No. 2 red Western winter, r.s : ... ! steady; mixed. 4s d RA LT I MORE Dec. 11 Wheat-December. R64c May, 86c. Corn-Jsnuary. 4?4f47he; May. 47c. MILWAUKEE. Dec. 11 -Barley dull. No. f, 62c; sample. 3?tj5Sc. Butter, Cheese nnd Can;a. NRW YORK. Dec. 11 Butter Receipts, 4.M7 packages. Market quiet: extra creamery, ttc; creamery, common to choice. 1048344c: htsta dairy. 1543; held creamer. 224523c CheeseReceipt. 4.410 packages. Marker quiet . Stats full creams, fancy smU colored. September. 12c: lsts made. 10c; small white. Septasnhcr. 13c; lata made. P-c. large colored. Sept mber. 12; lata made. . large white. September. 18r: late mads, 10c. Eggs Receipts. 8.824 packages Msrfcst firmer; Stste and I'ennox Ivanls near-by average byst. 31c: State snd I'ennsOvsn'.s seconds ta firsta tti; Western seconds, SMKttr: Western extras. 31c. refrigerated. 224j26c. Western firsts, SOc. PHI LA DRLPH I A. Dar. 11. -Butter steady snd In fstr demand; extra Western creamery. 3f 354c. near-by prints. 37c Eggs firm, with assr-

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