Indianapolis Journal, Indianapolis, Marion County, 20 December 1886 — Page 6

RATES OP SUBSCRIPTION. iKttktg INVARIABLY IN ADVANCE —POSTAGE PREPAID BY THK PUBLISHERS. THE DAILY JOURNAL. J)ne year, by mail.. ,•■*•; $12.00 (hits year, by mail, including Sunday 14.00 Si* months, by mail 0.00 Six months, by mail, including 5unday........ 7.00 Three months, by mail. . - 3.00 Three months, by mail, including Sunday 3.50 One month, by mail.. - 1.00 One month, by mail, including Sunday....... 1.20 Per week, by carrier (in Indianapolis) .25 THE SUNDAY JOURNAL. Per copy ...5 cents One year, by mail $2.00 THE INDIANA STATE JOURNAL (WEEKLY EDITION.) One year SI.OO Less than one year and over three months. 10c per month. No subscription taken for less than three months. In clubs of five or over, agents will take yearly subscriptions at $1 and retain 10 per cent, for their work. INDIANAPOLIS JOURNAL NEWSPAPER CO., Indianapolis. Inp. FINANCIAL. THE INDIANAPOLIS NATIONAL BANK Designated United States Depository, Corner Room Odd-fellows’ HalL Thko. P. HaUGHKT, Pres’t. H. LATHAM, Cash’ fIOW-THF. TIME TO SPECULATE ACTIVE FLUCTUATION'S in the Market offer opportunities to speculators to make money in Grain, Stocks, Bond* and Petroleum. Prompt personal attention given to orders received, by wire, or mail. Correspondence solicited. Full information about the markets in our Book, which will be forwarded free on application. H. D. KYLE, Banker and Broker, 88 Broad and 34 New Streets. New York City CONDITION OF THE MARKETS. K Dull and Easy Feeling in Wheat, with an Absence of Outside Trading, The Market Finally Closing 1 a Trifle Below the Prices of Friday—-Oats Steady and Easier —Provisions Very Dnll and Lower.

MONEY, BONDS AND STOCKS. Inbsidence of the Pressure to Sell, Followed by Increased Strength. NEW YORK, Dec. 18.—Money on call was quiet ,-anging from 2 2*B p‘tr cent, closing at 2. Prime mercantile paper, 4®5 per cent. Sterling exchange was barely steady at $4.79 for sixty-day fcilis and $4.83 for demand. The totai sale* of stocks to-day were 304,833 shares, including the following: Canada Southern, 10,000; Delaware, Lackawanna & Western, 21,040; Erie, 15,880; Kansas & Texas. 6,890; Lake Shore, 11,180; Louisville & Nashville, 10,605; Northwestern, 4,790;-New Jersey Central. 5.050; Reading, <47,452; Richmond & West Point, 4,380; Hocking Talley, 8,880; St. Paul, 30,420; St. Paul & Omaha, 8,000; Texas Pacific. 5,840; Union Pacific, 12,488; Western Union, 6,255. Government bonds were dull and firm State bonds were dull and steady. The stock market exhibited a marked change from the previous days of the week, and instead of the pressure and rush, a waiting tendency was developed which aonfined fluctuations within a comparatively small ttnge, and restricted transactions to such an extent that the business of the day foots up but a little over half of the smallest of the other days of the week. Money ruled comparatively easy, the highest rate obtained being 8 per cent. The market during the forenoon was exl raordinarily quiet, and prices were on a lower level than those of yesterday, kut after the publication of the bank itatement, which was regarded as favorable to lower rates for money in the immediate futnre, the bulls made special efforts to advance prises, and in some cases, notably Manhattan, New England and Susquehanna & Western, were remarkably successful. Foreign houses did very little; trading for the most part being confined to the professionals and room-traders, and consequently possessing little significance. Reading was the active stock, but its fluctuations were unusually narrow and it ended at the same price that it did last evening. New England was one of the conspicuously strong stocks of the afternoon, the improvement being principally upon a rumor that the new party were endeavoring to retain Mr. Clark in the presidency. Hocking Valley was also lonspicuously strong upon reports that the books gould be closed for election on Monday, and that an Afluential New York capitalist would be elected a director. Susquehanna & Western was strong upon the prospects under the new reorganisation scheme. The opening was fairly steady; changes from last evening's quotations beiug confined within *4 per cent, either way. There was no animation whatever to the trading, and before noon the market became positively dull. The early transactions were made at. declining figures, but a firm ton# was soon developed, and by noon the early tosses Lad generally been recovered. In the afterioon, however, decided strength was shown, accompanied by an increase in the amount of business done, ’leading and St. Paul were the only really active .docks, the sales of the former being 67.462, and of the latter. 30.420 shares. The total sales of the day were 304.833 shares. The final changes are generally In favor of higher prices, the only important decline being in Tennessee Coal, which lost 2%. Chattanooga gained 3 per cent., Hocking Valley and Cameron Coal each. Railroad bonds were dull; sales, $1,064,000. Prices were generally firm, and almost invariab’y •how advances. The active issues were West Shore .tours, the sales of which vere $139,000, and Atlantic -Jfc Pacific incomes, with $103,000. The Atlantic & Pacific firsts gained 4. to 89; Louisville & Nashville consols 3*4, to 1 19; West .Shore registered fours, 2, to 104 %; Ohio & Mississippi sinkingfunds, 2, to 123, and Las iyett*. Bloomington & Muncie incomes, 10, to 70. Closing quotations were: Three per cent. bondslOl (Louisville & N’shville 61 7 g Four per cent, bonds. 128%}; L., N. A. & 0 00 Four and a half per c. 110%} Mar. & Cm. Ist pref Pacific 6s of '95 128%} Mar. & tin. seconds Louisiana consols 82 *9 i Mem. & Charleston.. 49 Missouri 6s 108 Michigan Central 98*9 Tenn. settlement 65.. 109 Minn. & St. Louis... 18*9 Tenn. settlement 55.. 108 Minn. & St. L. pref.. 42% Tenn. settlement3s.. 79*9 Mo. Pacific, ex. div..lof> 7 8 C entral Pacific Ists .. 110 Mobile & Ohio 16 Den. 6c Rio G. Ists . 117 Morris & Essex 188 Den. Sc R. G. W. lsts 76 Nashville Chat 79 Krie seconds 99 New Jersey Central.. 51%} M., K. &T. gen. 65.. 99*9 Norfolk &W. pref... 49 Northern Pacific 1 sts.l 17% Northorn Pacific..... 27%} Northern Pacific 2ds. 108*4 Northern Pec. pref... 60 7 s Northwestern coiirolsl37*9 Chi. & Northwestern 113*8 North west dehent. 55.108 C. & Northw’t’n pref. 189 84 it. L. &S. F. een. m. 112 Now York Central... 113*4 St. Paul consols 132 Ohio Central st.P..Chi.&Pac. latsllS Ohio & Mississippi... 285^ Texas Pac. I’d grants. 61 Ohio & Miss, pref 90*9 U. P. R. G. ex. coup. 75*9 Ontario & Western.. 19*2 Union Pacific lusts.. 116*3 Oregon Navigation. ..1 OH West Shore 104% Oreg’n & Transcont'l 32*9 Adams Express 137 (Oregon Improvement 39 7 a AlleghenvCentral Pacific Mail 49 Alton & Terro Haute. 31 Panama ■. 98 *.••.011 &T. H. pref... 87 j Peoria, D. &E. 29 A merican Expiess... 105 Pittsburg 14!) C. R. & N 65 Pullman Palace Car.. 139 Canada Pacific 67*4 Reading. 353* Canada Southern.... 68*4 Rock Islam! 125*9 '.Central Pacific 43 i St. L. A San Fran 81% Chesapeake & 0hi0... 7 'St.L. A San F. pref.. 68% C. fc O. prof, firsts... 17 St. L. &S. F. Ist prefl!3*4 0. & 0. seconds 10*4 C., M. & St. P 90*g Chicago Ac Alton 141 ,C., M. & St. P. pref.. 118*4 C. &A. preferred 160 St. Paul. M. & M 114*9 C.. B. & Q 1353pjst. Paul & Omaha... 46% Olii., St. L. &N. 0 jSt. Paul Sc O. pref 11 0.. St. L. & P !<'*9;Texas Pacific 3., St. L. &P. pref.. 87 Union Pacific ••J., S. &C 46 |U. S. Express 61 ■Jlevel’d & Columbus. Gs)% Wab.. St. L. & P 18*9 Delaware & Hudson.lol *9 Wab.,St L. &P. pref 34*4 Del.. Lack. & West... 135 Wells & Fargo Exp.. 127 Den. & Rio Grande.. 32% W. U. Telegraph..... 71*4 Erie 38 7 g Colorado Coal 85% Erie preferred new... 72*9 Homestako 12*s East Tennessee new.. 15*8, Iron Silver 250 East Tennessee prof. 74*9 Ontario 22 Fort Wayne, ex. div. 146*4 (Quicksilver 7 Hannibal & St. Joe Quicksilver pref 26 H. & St. Joe pref Southern Pacific Harlem 216 Sutro 24 Houston A Texas 38 N. Y., C. & St. L 13 7 8 Illinois Central 131 N. Y., C. & St. L. pref 26% f.. B. & W 17 M..LS.&W . 66*9 Kansas & Texas 32%} M., L. S. AW. pref ..101*4 Erie & Western U (Tenn. Coal & 1r0n... 75*9 Lake Shore 95 IC. &H. V 30*9 7 he weekly bank statement shows the following changes: •oana, decrease . $3,719,800 iteserve. decrease 72.300 Jpecie. decrease 1,646.800 jcgal tender*, decrease 28,600

Deposit!, decrease. 6,412,400 Circulation, decrease 16.900 The banks now hold $6,093,605 in excess of the 25 per cent. rule. LONDON, Dec. 18.—Bar silver, 46*4d per ounce. Business of the Clearing-Houses. Boston, Dec. 19.—The following table, compiled from dispatches to the Post from the managers of the leading clearing-houses of the United States, gives the gross exchanges at each point for the week ending Dec. 18, 1886, in comparison with the corresponding week in 1885: New York $993,528,767 Increase... 22.4 Boston 96,912,408 Increase.. 14.1 Philadelphia 68,912.530 Increase .. 27.2 Chicago 57.529.000 Increase.. 8.1 San Francisco 15.804.620 Increase .. 35.2 St. Louis 17,897.723 Increase.. 16.5 Baltimore 13.066.055 Increase-. 11.8 New Orleans 13.970,000 Increase.. 7.9 Cincinnati 10,150.0(H) Increase . . 10.3 Pittsburg 9.243,359 Increase . .23.4 Kansas City 7,220.250 Increase ..71.1 Louisville 4.963,913 Increase . .10.5 Providence 5,233,600 Decrease.. 3.6 Omaha 4,903,212 Increase .. 60.9 Milwaukee 4.130.000 Increase.. 1.7 Minneapolis 4,141,124 Increase . .46.7 Detroit 3,561,000 Increase.. 0.9 Indianapolis 3.450.000 Increase 121.2 Denver 3.806.016 Decrease.. 31.0 Cleveland... 3.279,551 Increase ..22.8 Memphis 3.066.966 Increase ..12.6 Columbus.... 1,700.330 Increase.. 3.9 Galveston 2.140,828 Decrease.. 1.7 Hartford 1,628,685 Increase.. 8.7 New Haven ,1,157.142 Increase.. 1.8 Portland 900,000 Increase.. 4.1 Peoria 1,04(5,115 Increase . .34.4 St. Joseph 1,616,315 Increase . .66.4 Worcester 903,235 Increase . .13.4 Springfield 911.415 Decrease.. 9.9 Lowell 587.432 Increase.. 4.9 Syracuse 619.119 Increase . .14.5 Total $1,357,687,770 Increase ..21.2 Outside New York. 364,156,003 Increase . 17.8 NEW YORK AND CHICAGO. c 1 Yesterday’s Quotations on Produce at the Two Great Business Centers. NEW YORK, Dec. 18.-Flour—Receipts, 15,103 brls; exports, 232 brls, 64,291 sacks. Less active and rather weak; prices, however, show no decided change; sales, 14,400 Lrls. * Wheat—Receipts, 86,900 bu; exports, 57,593 bu; cash, barely steady, with more doing for export. Options heavy; sales, 1,048,000 bu futures, 274,000 bu spot; No. 2 spring, 90*9c; ungraded spring, 87*ac; ungraded red, 84®91c; No. 3 red, nominal; No. 2 red, 89*4® elevator, 90580 afloat, 89%}c f. o. b.; No. 1 red, 92c; No. 1 white, 89*9c; No. 2 red, December, 88 7 8C, closing at 88 7 c; January, 8938®89 9-16 c. closing at 89%}c: February, 91®91*8<5, closing at 91*8c; March, 92%}®92%c, closing at 92%C: May. 95 9-16®95%c, closing at 955gc; August, 97%®97*9c, closing at97%}c. Corn—Cash dull and rather iveak; options lower, closing heavy; receipts. 26,400 bu; exports, 98,755 bu; sales, 224,000 bu futures and 49,000 bu spot; ungraded, 46®48*4c; steamer, 40%®47c in elevator; No. 2. 47*gc in elevator, 48%}®48%c afloat; No. 2 December, nominal; January, 47% ® 48c. closing at 47 %c ; February. 49c, closing at 49c; May, 51*9® 53 580, closing at 51 *2C. Oats moderately active. Receipts, 53,200 bu; exports, none; mixed Western, 34®36c; white Western, 37® 41c. Hay in fair demand and steady. Hops quiet and weak; Pacific coast, 12 ®2Bc. CofFeo—Fair liio nominal at 14*40. Options active and lower, closing steady; sales. 100,000 bags; December, 12.25 c; January, 11.85® 12.10 c; February. 12® 12.10 c; March, 12.05®12.20; April. 12® 12,20 c; May, 12.05®12.30c; June, 12.10®12.35c; July, 12.10® 12.25. Sugar dull and more or less nominal; refined, dull and easier; standard A. 5 7-16 ®s*aci powdered, 6®6*4c. Molasses quiet and steady; 50 test, 20*9®21e. Rice firm. Tallow steady at 4*Bo. Rosin firm. Eggs steady; fair inquiry; receipts, 1,177 packages; Western, 24®27c. Pork quiet and firm. Lard moderately active; Western steam, spot, 6.52*a®6.55c; December, 6.52 c; January, 'G.55®6.56*9C: February, 630®6.55c; March, [email protected]; April, G.81®6.84c; May, 6.89*9 ®6.92c. Butter firmer and in fair inquiry; Western, 12® 30c; Elgin creamery, 31®31*2C. Cheese firm but rather quiet. Copper quiet; lake, ll 7 Bc. Lead dull; common, 4*4C.

CHICAGO, Dec. 18.—There was a dull and easy feeling in wheat, with scarcely any outside trading today. Foreign advices quoted wheat firm, while all the home markets were easier. Receipts continue fairly large, and another considerable increase in the visible supply is regarded as certain. The market opened *4O lower, dropped off *4C additional, and closed *ac lower than yesterday. Trade was so dull at times that prices did not change one-sixteenth at intervals of ten to twenty minutes. Corn was exceptionally dull. The opening was a shade lower than yesterday, and prices finally closed *4c under yesterday. The shipping demand was less urgent for the lower grades, and prices were lower. Oats ruled steady, and closed a shade easier. Barley was very weak and easier, owing to dullness. No. 2 was *2®lc lower. Provisions were dull, and mess pork ruled weak, prices declining 20® 25c per brl.. and closing at inside figures. Lard and short ribs were a trifle lower. The leading futures ranged as follows: Open- High- Low- Closed. est. est. ing. Wheat—No.2 December. TliHg 76% 76*4 76*4 January 76 7 g 77*g 70 7 8 76 7 g February 78 78 77% 77% May 81% 84% 84*2 84 *2 Corn—No. 2 December.. 36*2 36*a HG-Tg 36%} January 36% 36% February 37*4 37*4 37 37 May 42% 42% 42 *2 42*2 Oats—No.2 December.. 25 7 g 25 7 g 25 7 g 25 7 8 January 25 7 g 25 7 g 25 7 8 2. r > 7 g May 30 7 8 30 7 g3O 7 g 30 7 g Pork—December $11.30 11.32*2 11.27*2 11 30 January 11.40 11.42*3 11.27* 11.25 February 11.52*9 11.55 11 40 11.40 May 11.85 11.05 11.80 11.80 Lard—December 6.22*2 6-25 620 6.20 January 6.25 6.27*2 6.22*2 6.22*3 February 6.35 6.37*2 6.32*3 6.32*3 May 6.65 6.67*3 6.62*2 6.62*3 Short Ribs—January... 5.67*2 5.67*2 5.67*9 5.67*3 February 5.75 5.75 5.72*2 5.72*2 March 5.87*3 5.87* 5.80 5.80 Cash quotations were as follows: Flour unchanged. No. 2 spring wheat, 76*8C: No. 3 spring wheat. 71c; No. 2 red. VfiSgc; No. 2 corn. 36 3 8<Z'30*2c; N0.2 oats. 26c; No. 2 rye, 53c: No. 2 barley. 52c; No. 1 flaxseed, 93c; prime timothy seed, $1.83®1.84; mess pork, per brl, $11.30; lard, per 100 tbs. $6.20: shortrib sides, loose, 5.60®5.65c; dry-salted shoulders, boxed, 4.80®4.85c; short-clear sides, boxed, 6.10 ®ti 15c; whisky, distillers’ finished goods, per gallon, $1.18; sugars, cut-loaf, 6 3 8®0%c; granulated, C*gc; standard A, 5 7 gc. On the Produce Exchange, to-dnv. the butter market ruled quiet; creamery, 20®25c; dairy, 12®22c; eggs, 20®2‘2c for fresh. Receipts—Flour, 26,000 brls; wheat, 94.000 bu; corn, 89.000 bu: oats. 113,000 bu; rye. 2,000 bu; barley. 59,000 bu. Shipments—Flour, 15,000 brls; wheat, 22.000 bu; corn. 127.000 bu: oats, 100,000 bu; rye, 1,000 bu; barley. 35.000 bu. TRADE IN GENERAL. Quotations at St. Louts, Philadelphia, Baltimore, Cincinnati and Other Points. ST. LOUIS, Dec. 18.—Flour—The market was steady and unchanged. Wheat dull and easier. The market opened weak, ruled easy during most of the session and closed 3g a *9O lower than yesterday; No, 2 red. cash, 80c; January. 80*4®80H8c, closing at 803gc bid; February 82*gc bid: May, 87®S7%tc, closing at 87c. Corn very dull and easy, closing a shade lower than yesterday: No. 2 mixed, cash. 35®35%C; January, 35580 bid: February, 36*2c; May, 39%® 39 7 gc. closing at 39 7 gc. Oats dull and easy; No. 2 mixed, cash. 28*3C bid; February, 29*4C bid; May, 31c. Rye firmer at 54c. Barley neglected. laad easy: refined, 4.07*2C: chemical hard. i.00 7 g®4.10c. Hay fairly active and steady at yesterday’s decline. Butter quiet and steady: creamery, 24®27c; dairy, 15®23c. Eggs firm at 21c. Flaxseed weak at 92. Bran weak at 65c. (torn-meal strong at $2®2.05. Whisky firm at $1.13. Wool quiet ami unchanged. Provisions dull but firm. Pork stronger at $11.60® 11.75. Lard steady at 6.l(>c. Ruik meats steady. Loose lots—Long clear, 5.55®5.00c; short ribs, 5 65®5.70c; short clear, 5.80®5.85. Boxed lots clear, 5.60 c; short ribs, 5.70 c; short clear, 5. 85®5.90c. Bacon steady, long clear, 0.50 c; short ribs, 6.70 c: short clear. 6 90c. Hams firm at 9% S> lie. Receipts—Flour, 3,000 brls; wheat-, 16.000 bu; corn, 51,000 bu; oats, 21.000 bu; rye. 2.000 bu; barley, 12,000 bu. Shipments—Flour. 7,000 brls: wheat, none; corn, 2,000 bu; oats, 2,000 bu; rye, none; barley, none. PHILADELPHIA. Dec. 18.—Flour firm with a fair demand. Wheat quiet but steady: No. 2 red. December. 88>4®88*3C; January, 88% Q> 89c; February, 90*8®90 3 gc; March, 91 *4® 91 %c.. Corn stead)’; new No. 2 mixed, on track. 47c; old and new No. 2 yellow, in gram depot, 47*9C: No. 2 mixed. 46c: No. 2 mixed. December. 40®40*4c: January, 46*4® 46*90; February. 47*4®47*3C: March. 47%®48c. Oats—Spot firm; No. 3 white. 37c; No. 2 white, 36® 38*gc; futures quiet but steady: No. 2 white, December. 37*8®37Hgc; January, 37 *B®37 3gc; February. 37%}®37%c; March, 37%®38 *4O. Butter firm with a fair demand; Western creamery extra. 30 ® 31c. Receipts—Flour, 4,100 bids; wheat, 32.000 lm: corn. 45.000 bn; oats, 4.5(H) bn. Shipments— Wheats 85,600 bu; corn. 4,400 bu; oats, 13,300 bu. BALTIMORE. Dec. 18.—Wheat—Western higher and dnll; No. 2 winter red. spot. 88*2C bid; January, B9®B9*gc : February. 90*g®90*4c; March. 91*ic bid. Coen—Western steadv and quiet; mixed, spot, 46*4c bid; December. 46®46*sc; January, 46*g® 46*8c; February, 47 ®47%c; May. 49c bid; steamer,

45c bid. Oats firm and steady; Western white, 38® 40c; Western mixed. 34®36c. Provisions steady and quiet. Eggs lower at 29®30e. Other articles unchanged. Receipts—Flour. 9,528 brls; wheat, 38,000 bu; corn, 38.000 bu; oats, 7,000 bu. Shipments—Flour, 20,423 brls; wheat, 56,000 bu; corn, 38,000 bu. CINCINNATI, Dec. 18.—Flour easy. Wheat firm; No. 2 red, 80c; receipts, 4,000 bu; shipments, 3,500 bu. Corn easy; No. 2 mixed, 37%@38c. Oars firm; No. 2 mixed, 30*9c. Rye quiet; No. 2, 59*3®. Pork firm at $11.75. Lard firm at 6.15®6.17*9c, Bulk meats and bacon quiet and unchanged. Whisky steady; sales, 1,122 brls finshed goods on basis of $1.13. Butter in fair demand. Sugar dull. (Eggs easier at 21 ®22c. Cheese steady. TOLEDO, Dec. 18.—Wheat dull and easier: cash, 79%c; January, 80 7 8C; May. 87 7 a. Corn steady and active; cash, 380. Oats dull; cash, 29c. Clover-seed active and steady; cash, $4.65; January, $4.62*; March, $4.85; April, $4.95. Receipts—Wheat, 98.000 bu; corn, 20.000 bu. Shipments—Wheat, 17,000 bu; corn, 5,000 bu; oats, 2,000 bu. DETROIT, Dec. 18.—Wheat-No. 1, 79%c bid; cash Michigan red, 80 %c; No. 2 red, cash and December, 80c bid; January, 81c: February, 82*90; May, 88*4c. Corn, 38%c asked. Oats—No. 2, 29%c bid; No. 2 white. 31%c. Clover-seed—Cash, $4.57*3: January. $4.62*9 bid. Receipts—Wheat, 38,300 bu; corn, 33,900 bu; oats, 8,700 bu. Cotton. NEW YORK. Dec. 18.—C. L. Green & Co.’s report on cotton futures says: “Business was local in character, and consisted, in the main, of an effort to even up for the close of the week, and the excess of contracts offering were sufficient to carry rates off 4®5 points, with a little showing of steadiness at the close, but not much demand.” NEW ORLEANS. Dec. 18.-Cotton quiet; middling. 9c; low middling, B%c,- good ordinary, B*4o. Net receipts, 14,218 bales: gross, 15,684 bales; exports to the continent, 13,759 bales: coastwise, 2.698 bales; sales. 2,000 bales; stock, 262,010 bales. LIVERPOOL, Dec. 18—Cotton quiet and easier., sales, B.OOU ba’.es, including 500 bales for speculation and export and 6,100 bales American. Oils. OIL CITY - , Dec. 18.—National Transit certificates opened at 69*4C. highest price, OOHsc; lowest. closed at 69*30. Sales, 645,000 brls; clearances, 2.774.000 brls; charters, 135,794 brls; shipments, 94,016 brls. NEW YORK, Dec. 18.—Petroleum opened firm at 69c, declined to 68*30, advanced to 69380 and closed firm at 69*8C. Bales, 1,318,000 brls. Turpentine steady at 30*3C. PITTSBURG, Dec. 18.—Petroleum dull but steady. National Transit certificates opened at 69*4© and closed at 09*4C: highest price, 69*s- lowest, 68*3C. WILMINGTON, Dec. 18.—Turpentine firm at 33*sc. _ Dry Goods. NEW YORK, Dec. 18.—With a rainstorm, the market was quiet in general demand, yet an irregular inquiry has taken a very fair quantity of stuff. Agents have advanced the price of brown cottons as follows. Atlantic A, 7c; do. H, 6%c; do. D, 6*4C; do. P, 5%c; do. LL, 5*40. LIVE STOCK. Cattle Steady, with Little Change In Trices— Hogs Active and a Shade Lower. Indianapolis, Dec. 18. Cattle —Receipts, 200; shipments, 390. Fair supply and quality fair. Market steady; a few fine 1,700lb. steers sold for $4.80, and some 1,350 to 1,500 lbs sold from $4.40®4.60; common to medium 900 to 1,300 lbs sold from s3®4; good style feeders, 1,000 to 1,300 lbs, $3.50®4; the best of butchers’ grades were steady at about the same prices. We would advise shippers that have stock for next Saturday’s market to have them here on Friday, as there will be no business transacted on Christmas day. HOGS—Receipts, 7.350; shipments, 3,160. Quality good. Market opened quiet at about yesterday's close, but later became more active and a shade stronger and closed steady. All sold. The following are the closing quotations: Heavy packing and shipping. $4.30®4.40 Light and mixed packing 4.05®4.25 Common to good light 3.85®4.15 Sheep—Receipts, 200: shipments, 165. Fair sup--1%. Market strong on all decent grades. All sold early. We would advise shippers that have stock for next Saturday’s market to have them here on Friday, as there will be no business transacted on Christmas day. Good to choice mixed grades $3.60®4.10 Common to medium 3.00®3.40 Common 2.50®2.80 Lambs 3.00®4.40

Elsewhere. ST. LOUIS. Dec. 18.— Cattle Receipts. 483; shipments, 200. The market ruled strong on all kinds; Christmas beeves. $4.80®5.40; choice heavy native steers, $1.20 ®4.70; butchers’ *tfair to choice, $3®4.20; feeders, fair to good, $2150*3.15; stockers, fair to good. $2®2.75; Texans, common to choice. $1.50®3.65. Hogs—Receipts. 2,168: shipments, none. All sold early at prices a shade easier than -esterday; choice heavy and butchers’ selections. $4.35®4.55; packing, fair to good, $4.10®4.30; Yorkers, medium to fticy, $3.95®4.15; pigs, common to good, $2.80 ®3.90. Sheep— Receipts. 156; shipments, none. The market was strong on choice and dull on common: common to choice, $1 .So®4; Christmas lambs and muttons, $4.10®4.60. CHICAGO, Dec. 18. —The Drovers’ Journal reports: Cattle—Receipts. 2.000; shipments, 1,000. The market was steady: shipping steers, 950 to 1,500 Ihs average. $3.30®4.85; stockers and feeders, s2® 3.60: cows, bulls and mixed, $1.40®1.45; Texas cattle. $2®3.25. Hogs—Receipts, 23,000; shipments, 4,000. The markeb was slow, closing 5® 10c lower; rough and mixed, $3.80®4.25; packing and shipping, $4.30® 4.50; light. $3.65®4.25; skips, $2.40®3.50. Sheep—Receipts, 1,000; shipments. 1,000, The market was steady; common to good natives, $2.50 ®4.75: Western, $2.50®3.50; lambs, s4®s; Texans, $2®3.30. KANSAS CITY, Dec. 18.—The Live Stock Indicator reports: Cattle—Receipts, 717; shipments, none. Market strong and active: good to choice. $3.95®4.35; common to medium. $3.25®3.95; stockers, $2.25®2.75; feeding steers, $2.80®3.1i0; cows, $1.50@3. Hogs—Receipts. 12.066; shipments, 850. Market weak and 5® 10c, lower: good to choice, $4.10®4.25; common to medium, $3.50®4.05. Sheep—Receipts, 421; shipments, none. Market steady; good to choice, $2.C0®3.25; common to medium, $1.50®2.40. BUFFALO, Dec. 18.—Cattle—Receipts, 1,118; good to choice shipping scarce and firm; common to fair, dull and nominal. Sheep—Receipts. 6.800. The market was firm; common to fair. 3.50®4; good to choice. $4.25® 4.75; extra. $5®5.10; good to choice Western lambs. $4.50®5.75. Hogs—Receipts, 9,480. The market was quiet and weak; common and light pigs, $3.50®3.75; good to choice light pigs. st®4.ls; selected Yorkers, $1.40® 4.50; selected medium weights, $4.50 ®4.60; selected heavy ends, $3.85®4. EAST LIBERTY, Dec. 18.—Cattle—Receipts. 114; shipments, 152. Nothing doing; all through consignments. Hogs—Receipts 2,800; shipments, 3.200. Market firm; Philadelphia*, $4.50®4.6(); Yorkers, $4.25 ®4.10; common and light, $4®4.15. Sheep—Receipts. 1,200; shipments, 1,200. Market strong. Nothing doing. CINCINNATI. Dec. 18.—Hogs weak; common and light. $3.40®4.20; packing and butchers, $4.15® 4.45; receipts, 9,300; shipments, 1,100. INDIANAPOLIS MARKETS. The Volnme of Business in the Week Ending To-Day Quite Satisfactory. Indianapolis, Dec. 18. In nearly all departments the volume of trade in the week closing to-day has reached the highest expectai ons, more especially with the houses which handle holiday goods. It has been a busy week with the wholesale confectioners and the dealers in toys. The dry goods men, as well, sjeak of their busines as being very satisfactory and really exceeding their expectations in the early part of the month, as trade previously had been brisk. The grocers, as well, are having good trade, tho tendency to higher prices and the winter-like weather stimulating their business. The disturbed condition of the stock market has unsettled the prices of staple goods somewhat, so that the coffee and sugar markets, while to-day not quotably lower, are weakor than in the early part of the week. The impression prevails, however, that coffees will still go some higher. This belief is based on telegrams and cables received from other markets, all of which denote a lighter supply than had been estimated and a stronger tone to prices than had been anticipated. The produce markets are active with the near approach of the holidays, and even the poultry marker, which has been under a cloud, is looking up, and an advance in prices is quite probable in the early part of the week coming. The provision market is shaping up quite satisfactorily to the handlers of hog products, all of whom talk higher prices. There ia a little more life noticeable in tho hide market, -which has necessitated some readjustment in prices, although roaUy

there Is no advance. The druggists are hosier than they have been for some months past, but prices in the articles which we qnote have not tnaterially advanced. GRAIN. The local market was rather flat to-day; the attendance on ’Change was small and dealers bid cautiously. The advance in east-bound grain rates which takes effect on Monday, has already had an unfavorable effect on the market, and it will doubtless be some days before it will adjust itself to the advance. Prices today ruled as follows: Wheat—No. 2 Mediterranean 77$| No. 2 red 77*4 No. 3red 75*4 Rejected 77 Corn—New No. 1 white (sales) 38^ New No. 2 white (sales) 37*4 New No. 3 white... 36*8 New No. 2 yellow 35 *9 New No. 3 yellow 35*4 New No. 4 yellow 34 *4 New No. 2 mixed 35*9 New No. 3 mixed. 35*8 New No. 4 mixed 33*9 New sound ear, white 37*9 New sound ear, mixed 35*9 Oats—No. 2 white 31 No. 3 white (5a1e5)...... 30*4 Mixed (sales) 29*9 Rejected 27*9 Rye—No. 2 54 *9 Hay—Choice timothy $10.50 No. 1 timothy 9.51 No. 2 timothy 9.00 The Jobbing Trade. CANNED GOODS. Tomatoes—two-pound cans, 80®85e: 3-oound. $1.10*1.20. Peaches—Standard. 3-pound, $1.70® 2; 3-pound seconds. $1.35® 1.50: 2-pound standard, $1.20® 1.30. Corn-Revere. $1.15*1.20; McMurray, $1.15*1 20; Yarmouth. $1.30. Miscellaneous— Blackberries, 2-pound, 80®90c; raspberries, 2-pound, $1*1.05; pine-apple, standard, 2-nound, sl.lo® 2.50; seconds, 2-pound, $1.10*1.20; cove ovsters, 1-pound, full-weight. 90c®$l: light, 60*76c; 2pound, full. $1.70® 1.80; light. 90e*$l; stringbeans, 85®$1; Lima beans: BOc®sl.4o; peas, marrowfat, 75c®51.40; small, $150*2; lobsters. $1.95 ®2.10; red cherries, $1.05® 1.20; gooseberries, 80® 90c; strawberries, sl®l.lo. COAL AND COKE. Block. $3.25 sHon: Minshall, $3.25 ton; Jackson, $3.75 ton; Pittsburg, $1 ton; Raymond City, $4 ton; Winifrede, $4 ■jp' ton; Campbell Creek, $4 ton; Hocking, $3.75 ton: Island City, $3 ton; Highland, $2.75 ft ton; Piedmont and Blossburg, $5 ton; Duggar (Peacock) lump, $3 ft ton; nut, $2.50 ft ton; chestnut No. 4 and stove anthracite, $7 ft ton: egg and grate anthracite. $6.75 ft ton; gas coke, 12c ft bu, or $3 ft load; crushed coke. 13c ft bu. or $3.25 ft load. All soft coal, nut size. 50c ft ton less than the above prices on the same quality of lump coal. FOREIGN FRUITS. Raisivs—London layer, $2.65®2.80 3P 1 box; loose muscatelle, 2 crown. $2®2.15 box; Valencia, 7*9®Bc P" lb; citron, 25®20c ft lb; currants, 7®7*9c tb. Bananas—s2®3. Oranges—Jamaica. $5.50 ®6.50 ft brl; $3.5034 ft box; Florida. $3.5034. Lemons—Fancy, s6®7; choice, $5®5.50. Figs—14® 16c. Prunes—Turkish, old, s*9®oc; new. 6® 6*90. Cocoar.uts, s6®7 -P* 100, according to size. • FRUITS AND VEGETABLES. Apples—Common, $2*2.25; choice, $3*3.25 ip brl. Grapbs—Concord. s®6c ft lb; catawba. 6®7c. Cabbage—7sc*sl ip brl. Celery—2o®2sc. Potatoes—4s®soc ft bu; 33®35c buon track. 0ni0n5—52.25*2.50 ft brl; Spanish, crate, $2®2.25; ft bu crate, $1.25 31.50. Sweet Potatoes—Jerseys, $3.50@4 brl; Baltimore, $2.75*3.25 “p brl. Cranberries—sß® 10 ft brl: $2.50*3.50 ft box. GAME. Game—Shippers paying; Quails, $1 doz. Ducks —Mallards, $2.40; Teal, $1.50® 1.75. Rabbits, 60c ip doz. Squirrels, 90e*$l ft doz. Ducks, sraali, $1.25*1.50 Venison, 15c ft tb. GROCERIES. COFFEES —Ordinary grades, 14®14*9C; fair. 14*9® 15c; good, 15®1519C; prime. 15*2®16c: strictly prime, 16*16 *c: choice. 16*2®17c; fancy green and yellow, 17*9® 18c; old government Java, 27® 28c; ordinary Java, 24®25c; imitation Java, 21* 23c. Roasted—Gates’s A 1. 19*40; Gates’s Champion, 19c; Arbuckle’s, 19*4e: Delworth’s. 19*4C: McCune’s, 19c; Schnull & Krag standard, 19c; Syfers, Mcß. & Co.’s Oriole and Star, 19c. Cheese —Common, 9*9®loc: good skim, lOLj® lie; cream. 11*2*120; full cream, 13*9®14*9c; New York. 14® 15c. Dried Beef—l2*9®l3*9c. RtOK—Carolina and Louisiana, 4®7c. Molasses and Syrups—New New Orleans Molasses, fair to prime, 40®450; choice, 48*52c. Syrups, low grades, 22*23c; prime, 24*26c; choice to fancy, 2S*3sc. Salt—Lake, 84c, ear lots; 10* 15c more in quantities less than a car-load. SPlCES—Pepper, 18*9® 19c; allspice, 10® 13c: cloves, 30®32c; cassia. 12®15c; nutmegs, 65®85c ft lb. Sugars—Hards, 6*4*7390; confectioners’ A, 6® 6*Bc; standard A, 5 7 8®(c; off A, 5%*5 7 gc, white extra C. s s B*s3ic: fine vellows, 5%®5*9C; good yellows, 5*4*5390; fair yellows, s*B®s*4C; common yellows, 4 Sg® sc. Starch—Refined pearl, ft tb ; Eureka. 5* 6c; Champion gloss lump, 6*4®7c; improved corn, 6*9®7c. 5h0t—51.65*1.75 ft bag for drop. Flour Sacks—No. 1 draV, *4 brl, $33 ft 1,000; *2 brl, sl7; lighter weight. $1 ft 1,000 less. Twine—Hemp, 123) 18c per tb; wool, 8®10c: flax, 20 ®3oc: paper, 18o; jute, 12® 15c; cotton. 16®25c. Woodknware— No. 1 tubs, $5.25*5.75: No. 2 tubs, $4.25*4.75; No. 3 tubs, $3.25*3.75: twohoop pails, $1.25*1.30; three-hoop pails, $1.45® 1,50; double washboards, $2*2.75; common washboards. $1.20*1.85: clothespins. 50® 85c per box. Wooden Dishes—Per 100, 1 lb, 20c; 2 lbs, 25c; 3 lbs. 30c; 5 lbs, 40c. LEAD—7® 8c for pressed bars. WRAPPING Paper—Union straw, 18c ft bundle; medium straw. 27c: donble-crown straw, 36c: noavyweightstraw, 2 *4 2 *2C ft tb; crown rag, 30c ft bundle; medium rag. 45c; double-crown rag, 60c; heavyweight rag. 2 a 4*3c ft tb; Manilla, No. 1, 7*g*9c; No. 2, s®6c; print paper, No. 1, 6®7c; book paper, No. 3 S. & U. 10® lie; No. 2, S. & C., B®9c; No. 1, S. & C., 7*4®Bc. IRON ANI) STEEL. Bar iron (rates), 2c; horse-shoe bar, $3.15*3.40; Norway rail rod, 7c; German steel plow-slabs, 4c; American drill steel, 12c; Sanderson tool steel, 15c; tire steel, 4c; spring steel, 6c-. horse shoes, ft keg, $4; mule shoes, ft keg $5: horse nails, ft box, Bd, $5; cut nails. lOd and larger, $2.35 ft keg; other sizes at the usual advance: steel nails, $2,35. Tinners’ Supplies—Best brand charcoal tin—lC, 10x14, 14x20, 12x12. $6; IX. 10x14, 14x20 mid 12x12, $7.75; IC, 14x20, roofing tin. $5.50: IC. 20x28, $10.50*11; block tin, in pigs. 26c: in bars, 27c. Iron—27 B iron, 3c; 27 C iron, sc: galvanized. 50 and 10 per cent, discount. Sheet zinc. 6c. Copper bottoms, 23c. Planished copper, 30c. Solder. 15*3®17c. Wire, 60 per cent, on list. LFATHER, JUDES AND TALLOW. Leather—Oak sole, 33®37c; hemlock sole, 20® 32c: harness, 30*35c; skirting, 37 *3Bc; black bridle, ft doz, $60*65; fair bridle, soo®7B ft doz: city kip, S6O®SO; French kip. 85c®51.20; city calf skins. 85c®$1.10; French calf skins, sl.l 5*1.80. HIDES—No. 1 cured, 8c; No. 1 green, O*2C; No. 1 calf, green, 8c; No. 1 calf, cured, 9c; dry salt, 10c; flint, 12c. Damaged one-third off the above prices. Sheep Skins—2s®9oc. Tallow—Prime, 3®.“*9c. Grease—Brown, 2*2c; yellow, 23jc; white, 3*9C. OIL CAKE. Oil cake and oil meal, 1,000 lbs, sl3; 2,000 lbs $25. Bags and drayage extra. PRODUCE. Butter—Creamery fancy, 27 ®29c; choice country roll, 13* 15c; common, 8® 10c. Beeswax—Dark, 18c; yeilow, 20c, Eggs—Shippers paying 20c; selling from store at 22c. Feathers—Prime geese, 45c ft Hj; mixed duck, 20 ®22c ft lb. Poultry—Hens, sc; young chickens, shippers paying 5c ft lb; roosters. 3c: ducks, 6c lb: geese, $4.80 ft doz; hen turkeys, 6c ft lb; toms, 6c lb. Wool—Medium. 23®24c; one-fourth blood. 21* 23c; braid. 18®21c: burry, Cotswold and black, 5® 10c loss. We quote prices on farmers' lots; on large lots slightly higher prices arc paid. PROVISIONS. Wholesale Prk’f..s—Steam lard. 6.12*9e sweet pickled hams, 9*4®9*9C; sweet-nickled shoulders o*9® 6c; clear-rib sides, 5.40®5.75c; dry-salt shoul ders, 4*2® 43jc. Jobbing Prices—Smoked Meats—Sugar-cured hams, 15 tbs average, 11*2C: 17*9 tbs average. 11 *4O; 26 lbs average, 11*4C; 10 to 12 lb 3 average. 11 %c; cottage hams, 7c; California hams. 7c, Englirii-cnred breakfast baccm, 9c; English shoulders, 7c; dried beef, 15c; Porter brand, 11c; mis-ent hams, 9c; shoulders, 5*2C. Bacon, clear sides, light or medium weight, 7%e,; backs, light or medium weight, 73±0; bellies, medium weight, Bc. Dry-salted and Pickled Meats— English cured clear sides (unsmoked). 7c; backs or bellies (unsmoked). 7c; clear pork ft brl 200 lbs, $14.50; clear and ham pork, ft' brl 200 tbs, sl2; chon pork. SB. Lard—Pure leaf, kettle-rendered, chilled, 7*4e; in *9 brls, advance on price of tierces; 50 lb cans in 100-lb cases, *BC advance on price of tierces; 20 lb cans, in 80-tb eases, *qc advance: 10-lb cans in 60-pound cases, *9O advance; 5-lb cans in 60-tb cases, °gc advance; 3-lb cans iu 60 lb eases, %c advance. FEEO* Prime clover. $3.75 *4,25 ft bu, owing to quality of seed; prime timothy, #1.90*2.10 ft bu; oxtra clean blue grass, 70®90c ft bu; red top, 75c® $1 ft bu; orchard grass, $1.65 *1.90 ft bu; German millet, $1 ft bu; common millet. 75c ft bu: flaxseed, selected, $1.10*1.40 ip bu; seed rye, 75c ft bu; old pop-corn, 2®3c ip lb; new pop-corn, 60®75c ft bn; hemp, 3*9C; canary, 5*9C; rape, 8c ft tb. Our editor used St. Jacob's Oil for rheumatism with success.—Lancaster, Pa., Freie Press©.

AFFAIRS OF THE RAILWAYS. Personal and Local. Belt road engines last week handled 1,473 carloads of live stock, against 1 578 the corresponding week. 1885. There were transferred over the Belt road last. week 10.815 cars, against 10,768 the corresponding week, 1885. The Vandalia seems to be getting its share ft business. In the week onding the 18th this road brought in to Indianapolis 1.360 loaded cars. The 1., D. & S. road earned, the first half of December, $26,390.58, an increase over earnings the corresponding fifteen days of 1885 of $7,134.06. The Indianapolis car works are now turning out new cars at the rate of 350 per month, beside doing a good deal of repair work for the fast-freight lines. The C., 1.. St. L. & C. earned the first half of December $101,837.15. against $95,920 the corresponding fifteen days. 1885. Increase this year, $5,917.15. S. H. Stevens, recently a conductor on one of the Wabash tiair.s, has received the appointment of night vardmaster for the C. & E. I. and 1., B. & W. roads at Danville. The new owners of the Illinois Midland will not take control of the property until March 1. The roadbed and equipments will then be put in first-class condition physically. The Bee-line is doing a heavy west-bound business This road brought into Indianapolis last week 1,173 loaded cars, most of it classes of freight wkicn it pays well to transport. The Wabash has just issued one of the finest and most original Christmas cards of the season. This enterprising road will sell round-trip holiday tickets at one and one-third fare for the round trip to all points on the system. The five Western lines brought into this station, in the week ending Dec. 18, 5,320 loaded cars, against 4,859 in the week ending Dec. 11, and against 4.206 the corresponding week in 1885, and 2,901 the corresponding week in 1884. Judge Hill, of the United States court at Ox"-rd. Miss., has appointed Ben Wilson, of Memphis, lately connected with the Chesapeake, Ohio & Southwestern railroad, receiver of the Mobile & Northwestern railroad, narrow guage, in Mississippi. M. McDonald, the new general manager of the Cairo, Vincennes & Chicago road, is adopting Corbin's tactics on the Philadelphia & Reading road, only on a smaller scale. Since he took hold of theC.,V. &C. lie has been discharging men at the rate of twenty - five per day and still is not ready to quit. The seven roads which carry east-bound business out of Indianapolis last week forwarded a total of 4,176 loaded cars, as follows: The Bee-line, 1,004; the C., 1., St. L. & C., 948; the C., St. L. & P., 879; theT., B. <fc W.. 550; the C., H. & D„ 418; the Wabash, 283; the L., N. A. & 0. (Air-line), 94. The Pennsylvania Company have promised to give Superintendent Mansfield, of the Indianapolis & Vincennes road, two first-class new freight engines soon after the first of the year. The tact that he is hiring locomotives from the 1.. D. & S. road is pretty good evidence that he is greatly in need of additional power. Engines 1,510 and 1,531 on the 1., P. & C. road, have been equipped with tlie Barnes spark arrester and smoke consumer, both of which wovk admirably, performing all that it is claimed that they will do. A passenger is not the least annoyed by sparks or smoke riding on a train drawn by either of these locomotives. ■ The C., H. &I. division of the C., H. & D. system continues to do a veiy heavy f: eight traffic, and there seems to be but little doubt that the earnings will reach such an amount as to bring the road out. at the close of the fiscal year, without any deficit, for the first time since it became a part of the C-, H. & D. system. Wager Swayne, the attorney for the purchasing committee of the Wabash in the late proceedings be fore Judge Gresham, arrived in St. Louis Saturday, and will remain until Monday night, when he will go to Chicago. His particular business there has not transpired, but he has been in consultation with the receivers of the Wabash. The Fort Worth & New Orleans road, forty-two miles, running from Fort Worth to Waxaliahie, to a connection with the Houston & Texas Central, has been sold to C. P. Huntington for $546,000. The sale includes all franchises, terminal facilities, roll-ing-stock, etc. This gives the Texas Central its own line from Houston to Fort Worth. E. H. Waldron, whose name has been frequently mentioned in connection with the general management of the Lake Erie & Western Railroad Company, writes Lafayette friends that he knows nothing about the plans of the new management, and he has no knowledge or expectation of being tendered any position in the management of the road. S. H. H. Clark, the new vice-president and general manager of the Missouri Pacific railway and leased lines, arrived in St. Louis, yesterday, from Omaha, and will enter upon bis duties at once. He is authority for the statement that the reports which have recently circulated that he will make numerous changes in executive officers on the system are untrue. An inter locking signal or some other character of a signal should at once be pnt in position at the crossing of the J., M. & 1, “Y" and the C.. 1., St. L. & C. tracks. Twice during the past week there have been narrow escapes from what undoubtedly would have been serious accidents, and probably led to loss of life. This *‘Y’’ is now used more than ever, for passenger as well as freight trains, and it is highly important that the matter of signals at this point be given prompt attention. Superintendent Stevens, of the eastern division of the Wabash system, has made further awards to the foremen and section men for the best piece of track. That between Peru and Antwerp, which embraces fourteen sections, the first prize was taken by T. Cavanaugh, foreman ot section No. 16, which extends from New Haven to Fort Wayne, and the second prize to Win. Nevin, foreman of section No. 24, from Bel-dentoLaGi-o. The average of Cavanaugh was eight and two-tenths. Mr. Nevin received the first prize last year. The railroad development and increased prosperity of this important interest can be easily traced in the market for steel rails. An official statement shows that the actual deliveries of American rails during the eleven months ending Nov. 30 were 1.260,000 tons, or more than the entire production of 1885. The mills have recently made heavy contracts for next year’s delivery, &nd| the tendency of prices ia upward. Orders during the last week for over 20,000 tons were booked at $36, as against $35 a short time ago. The freight crews on the eastern division of the 1., B. & W. offer to accept as payment for their work the time they are laid out on the road, or overtime, rather than pay for the hours their trains are scheduled. To illustrate, they on Friday last were laid out, waiting for trains, thr-e hours and a half, they state, where they could have run to the termini in forty-three minutes. On this road they are paid only when tho train is moving so much per hour; or, in other words, so much per trip made, regardless of whether they are a day or a week making it. George R. Blanchard, commissioner of tho Central Traffic Association, composed of the most of the railroads botween the Western termini of the trunk lines and the Mississippi river, has prepared an elaborate statement of his views upon the interstate commerce bill now pending in Congress. Ho declares that he is in earnest accord with the main scope and purposes of the bill, but does not indorse the “long and short haul” and “pooling” clauses. He predicts that the attempted grafting of the Cullom and Reagan bills one upon another “will result in hybrid and bitter fruit." This morning surveying parties in the employ- of the Chicago, Milwaukee & St. Paul railway will start out from Merrill. Wis. The parties will be fitted out with toboggans and snow-shoes, both of which articles are necessary for winter surveying parties in the woods. A dozen large toboggans will be used by the surveyors, on which their luggage will be carried, about three hundred pounds to each toboggan. It is evident that the St. Paul people expect to go into the iron country next season. By striking through the south range in Ashland county, and touching either Hurley or the new town of Hoy 4, the St. Pairl would be in a position to secure ite share of the iron business. General Freight and Assistant General Freight Agents Page of the C., 1., St. L. & 0.; Mcljeod. of the C.. H. & D.; White, of the Bee-line, and McCabe, of the 0.. St. L. & P., are to be iu the city to-day to meet H. C. Wicker, who comes hero to arbitrate the percentages in the east-bound pool. It is hardly probable he will recommend any changes, as, since the L., N. A. & 0. demanded an increase in its per cents., conditions have changed materially, and the road does well if it earns its allotted per cent. It is the Wabash which should kick, which is now carrying in the neighborhood of 25 per cent, of the east-bound business. But when all hands brace up rates, as they have agreed to after Jan. 1, it will doubtless be found that the percentages could not bo more fairly adjusted than under the old deal. K. H. Wade, general superintendent of the Wabash system, passed through Indianapolis, on Saturday, on his return from New York. While not very communicative, he expressed the opinion that in due time the Wabash would come out all right. He looks upon it as being rather unfortunate that Judge Gresham took a hand in tho fight just now, as nearly two thirds of the first mortgage bondholders had consented to the reorganization scheme, and, doubtless, it would have been perfected by the coming in of the new vear. A prominent railroad lawyer of this city, as well, takes tho ground that it was unfortunate that Judge Gresham made the move that he did, as there is great danger of its leading to a breaking up of the whole Wabash system, and. should this bo tho result, the first mortgage bondholders would be the sufferers, as their bonds with the road as an entirety are more valuable than they would be with the road cut in two at the river. The Wabash people have notified tho merchants and manufacturers at this point that the old form of bill of ladling will be acceptable to them. The new form seems to be getting a black eye all around. It was adopted by the Middle and Mastern States Freight Association several months ago, to go into effect Jan, 1. The general freight agents of one commercial center after another adopted it. until finally it had received the general support of all the lines. During the past week or two there have been protests from shippers from a half dozen or more cities, and, within a uay or two, •

the opposition has developed so strongly in Chicago as to prevent its adoption tncre Jan. 1. The Michigan Central adopted the bill, but has notified Secretary Orr, of Middle and Western States Freight Association, that 9 has reconsidered its action, and concluded that ib was unwise to put the bill into effect. This action will compel a similar course by other roads at Chicago, inasmuch as there has been a strong protest against its adoption by the leading shippers there. Freight Traffic. Still Heavy. The train records for the week ending Dec. 18 sho </ the tonnage carried to be still remarkably heavy for this season of the year. While there were 272 fe*sr ears received and forwarded at this point last weok than in the preceding week, there were 1,640 mor® loaded cars handled at this point than in the corresponding week of 1885, and 4,432 more than in th® corresponding week of 1884. In east-bound through business there was not so marked an improvement as in some of the preceding weeks in the last two months, yet there was a fair tonnage carried—proportionately more export freight than to interior points. There is no question, however, that the east-bound movement would have been the heaviest in the history of Indianapolis roads could the cars have beea commanded to load, as nevor before were the roads so far behind filling orders as they have been for two weeks or more past. With the advance in rates of to-day a decrease in business is probable; whether it mil be as marked as shipper© predict is a question. It is more than probable that within ten days the markets will adjust themselves t*> the advance, and the roads will by that time havtj more cars to handle the property with. West bourn* we notice that the shipments are unusually heavy for* so late in the season. Whether it will continue after the holidays is questionable, yet it is true that for the entire year west-bound traffic has been heaw beyond parallel, showing that merchants in the West and Southwest are taking the shorter and more prompt delivering lines to forward their goods shipped from the East. Heavier shipments of anthracite coal may be looked for as cars become more plenty. North and south roads are doing a good business. Shipments of cotton northward and of provisions southward are on the increase. But from iocal business all Indianapolis roads are receiving handsomer returns than any traffic they are handling of a through cha-acter; and locally a scarcity of car* cuts down the volume of traffic; but the impression is that, within a few days, cars will be plenty for both local and through traffic. Live stock shipments have fallen off somewhat. This is not usual. As the holidays approach, however, the best of the season, mor > especially as to local shipments of live stock, istiver. Below is given the number of cars received and for-wa-ded at Indianapolis in the week ending Doc. 18. (KJ compared with that of the week preceding, and as compared with the corresponding week of 18S5: Loaded Loaded Loaded Name of Road. Dee. 18 Dec. 11 Dec. 19 188(5. 1886. j 1885. L., N. A. &C. Air line.” 184 203 210 1., D. & 8 577 611 398 I. & V 592 572 579 C., H. & 1 656 656 410 Wabash 526 528 483 T t> r, w (Eastern 918 902 1,124. 1., a. 66 w. £ Peori|k BiS2 1.035 872 n t e* t j e. n (Lafay’tte 1,958 1,820 1,628 L.. 1., bt.L. AO. | 2,035 2,016 1,652 J., M. & 1 673 770 587 n r r, t> (Columbus. 1,686 1,785 1,504 L., ot. L. ir. Chicago.... 181 231 203 Vandalia 2,228 2,104 2,121 I. &St L 1,939 1,950 1,680 Bee-lino 2,177 2,241 2,121 Total 17,212 17,184 15,573 Empty cars 5.307 5,020 4.235 Total movement 22,519 22,504 19, ROT The Interlocking Signal System. The Le Grande interlocking electric signal system for the protection of railroad crossings at grades, junctions, etc., recently put in at the crossing of the J. f M. & I. and the Belt roads, was the past week subjected to several tests in the presence of a number of railroad official-’ all of whom were more than pleased with its ope 's. This apparatus is practically new, but the several tests it has been put to give evidence that it is to work a revolution in this particular branch of railroad service, and its perfect working iu every detail sine*-was put in, without the slightest interruption, demonstrates its thorough praett* cability and .iority ovar all other systems. It© construction ..nd operation is a radical dej artur© from all other interlocking systems yet devised, inasmuch as by the use of one lever the operator can accomplish nil that is now done by a multiplicity of levers; that is to say, any given number of semaphores can be actuated by the movement of this one liver. The lever is locked against all trains not having th® right of wav. and it is also locked against the operator himself in both positions of the semaphores (i. e., clear and danger) as, also, when a train is upon any one of the trackages protected by the apparatus. In other words, at the normal position of thejsernaphore* “danger” the lever is locked Rg*inst. the open**Hywhen a train enters any one of the trackages it is elec* tricallv unlocked, amj may- be thrown over to gi v© “clear” signal, upon reaching which it is ag.-dn locked, and is only- un’oeked by the passage of tfia train off the block. So that, it will be seen, the operator is powerless to give but one “clear” signal at a time, and that only to the train having the right of way, even if there be two or more trains wailing for the “clear” signal. The electrical parts of the apparatus are Ao simple that uuy person having prejudice against such appliances for signaling purposes, will find, upon an examination of tnis machine, that th© functions performed by electricity are so unimportant! and simple that it does not in any way affect tne safety of the purpose for which the device is intended. Its performance can be counted upon as absolutely reliable at all times and in all conditions of weather. In the event of a derailing device being required by any road, to be operated conjointly- with the semaphores, such device can be arranged to work either with the distant or home semaphores, or at any other point desired, so that by the throw of the lever th© track is put in that condition answering the semaphore signal. The cost of the apparatus is rrv much less than any now in use. Its operative details are so simp!© and so few that it can be used in many- places where it would be inexpedient to use other more cumbersome, complicated and costly systems; and when it is take© Into consideration that in several States trains are allowed by law to run over grade crossings without stopping, if s ich crossings are equipped with proper and reliable s gnals. the value of this apparatus at such points will be plainly upparent.

THE RECORD OF TIIE COURTS. ISnpreme Court. Hon. Byron K. Elliott, Chief-justice. The following opinions were rendered on Dec. 1$: TORT—EXCESSIVE DAMAGES. 12372. Lake Erie & Western Railway Company vs. James Acres. Tippecanoe C. C. Affirmed. Elliott, J. —The fourth statutory cause for a Dew trial, that the damages are excessive, is proper only in cases of tort. In actions for tort the verdict of the jury will not be interfered with unless the amount is so out* rageons as to strikeeveryoue with the enormity and in* justice of them, and so as to induce the belief that th* jury must have acted from prejudice, partiality or corruption. WILL—CONSTRUCTION. 12743. Ambrose E. Thomas vs. Sanford E. Thomas et al. Washington C. C. Reversed. Mitchell, J.—A will gave to the widow a life estate in tho testator s land. In the second clanso he provided that his personalty be sold and divided up between hia heirs equally._except one son (appellant),* and to him was given $25 in addition to the amount already advanced. Unless disposition of the whole estate is made different, from that provided by law, the statute of descents is not interrupted. In respect to the remaindor in fee the testator died intestate, and tho law cast it upon his heirs. The testator wholly failed to devise the estate so as to vest the remainder in fee, leaving it to be controlled by the law of descents. Appellant is not estopped to assert his right as heir by taking the legacy. No assi ult is made on the will, but th® appellant s right as heir to the laud is not affected by the will. Superior Court. Room I—Hon. Napoleon B. Taylor, Judge. John G. Gardner vs. Ida Gardner; divorce. Granted on ground of abandonment. Citizens' Street Railroad Company vs. The Cincinnati Hamilton & Indianapolis Railroad; damage*. Motion for anew trial overruled. Room .I—lion. Lewis C. Walker, Judge. Tlios. T\ Terhune vs. Alex. McKnight et al. D. M. Ransdell appointed receiver, and filed bond fop $2,000. NEW SUITS. Alex. McKnight vs. Western Union Telegraph Com* panv; complaint for damages. Demand. SIOO. Thomas P. Terhune vs. Alex. McKnight et al.; com* plaint for accounting and receiver. Joel F. Smith et al. vs. Delissus Lingenfelter et al.j complaint in foreclosure. Demand, $-100. Jesse L. Hunt et al. vs. Alex. McKnight et al.j complaint on account. Demand, SIOO. Oliver C. My-era vs. George Herron; complaint fo# damages. Demand, S3OO. If Men Were aa They Feel. Detroit Free Pres*. A Harvard profeasor baa made the calculation that if men were really as big as they sometime© feel there would be room in the United State© for only two professors, three lawyers, two doctors, and a reporter on a Philadelphia paper. The rest of us would bo crowded into the sea an J have to swim for it.