Indianapolis Journal, Indianapolis, Marion County, 9 January 1891 — Page 7

THE INDIANAPOLIS JOURNAL, FRIDAY, JANUARY 9, 1891.

7

THE LNDMLB NATIONAL Ml re tire at Ml United States Depository. i Corner Boom. Odd Fellows 1111. . T. liArcBT. Pres't. K K. Rnmn. cn CONDITION OF THE MARKETS

Wheat Fluctuation Narrow, with tho Closing Trices Somewhat Higher. Corn Makes & Slow Advance Lively Squeeze of the "Shorts" in the Oats Pit Hotr Products Slightly Lower and Steady. MONEY, STOCKS AND BONDS. Sharp Adrance of the Coalers The Rett of the List Firm. NEW YORK, Jan. 8. Money on call was easy, ranging from 3 to 4 per cent., the last loan being made? at 3 per cent, closing ottered at 3 per cent. ' . Prime mercantile paper active and strong at H&2:t4 for sixty-day bills, and $4.86 for demand. The total sales of stocks to-day were 240,021 shares, including the following: Atchison, 5,870; Lackawanna. 3,731; Louisville &. Nashville, 15,465; Missouri Pacific, 3,200; North American, 9,873; Northern Pacific, 10,710; Northern Pacific preferred, 13,700; Reading 7,025; St. Paul, 23,020; Union Pacific, 13.925. The stock market . to-day was still strong, bnt there was a waiting disposition manifested by the local operators pending the result ofj the meet-' ing of the presidents in this city. The general opinion was that a favorable result would be obtained, and the market exhibited considerable strength until it was known that the meeting had adjourned without doing anything of importance, when dullness again ma'rkfed tho dealings. The feature of the trading, however, was. the demand for all kinds of bonds, even the low-priced bonds beginning to join in tbe active investment demand. Tbe coal stocks were also features of the market. The con- . tinnance .of the present cold weather has tronght on a more confident buying, and to-day LackawRDDa rose nearly 4 per cent., the others following. Sugar Refineries were prominent all day long and strong, and especially in the forenoon,7 though there was no news of any kind to favorably affect the stock beyond tbe postponement of tbe Cameron suit. The day. began with all the conditions favorable -the reduction of its rate of discount from 5Nto4 per cent, by the Bank of England oeingone of the mostintlnential. The opening prices were, therefore, fractionally higher, and. with the coal stocks in the lead, further advances were made all along the line in th forenoon. The fluctuations outside of ti stocks before mentioned, however, rtro slight, and, while a firm tone prevailed, there was little vim in the market "Dullness became the ruling feature, and continued so until the clone. The trading element was inclined to take advantage of this apathy and hammer stocks, their operations resulting in a partial loss of the early gains. There were strong spots here and there in the list, however, and no material impression was made upon prices. The market finally closed quiet and firm, generally at something better than the opening figures. Tho final gains of importance comprise Lackawanna. 3; Sugar, 2;h: Deleware & Hudson, 2J4. and Jersey Central, 134. 1 Railroad bonds were again more active, bnt failed to display as strong a front as' during the past days, though few losses resulted. The transactions foot up S9.430.000, bnt of that amount Atchison incomes contributed $572,000. Northern Pacific fives $134,000 and Texas Pacific incomes $103,000. Among the important advances. Fort Worth A- Denver firsts rose 2, to 104. and New York A: Northern seconds 2, to 47. Government bonds were dnll and steady. State bonds were entirely neglected. Closing quotations were: Four per ct. rejr...l20 Four per ct. coup . . 1 20 Four and s re sr.. 103 Four and as coup. 103 U Lake Shore 107a Lead Trust 188 Louisv'e&Kaahv'e 758 Loulav'e&NAtli'ny 17W Iacinc6dof '95...109 Adams Express. ..143 Alton AT. II 2S2 Alton &T. II. prdf.120 American Express 112 Ches. fc Ohio C. &0. pref.ists.. 47 C. & O. prer. 2ds.. 31 C.,B. i Q 90ie C, C.C. ABLL.. 62 CM. & Eastern IU. 44 ?t DeL. Lack. &Ves..l37 Fort Wayne 148 Lake Erie & West. 14V UE. & W.pref.... 574 Missouri racinc... 627 N.J. Central. ...-.11314 Northwestern lOGa North wesfn pref.137 New York Central. 102 O. & Mississippi... 18 s O. &M.pref 85 Fe3ria,l.&E 14 Puiltnan ralace...l86 U. 8. Express 63 W, St. L. & P 9U W., St. 1 k P.pref 173 weus-rarKo kxu 135 Western Union.... 771 LONDON, Jan, 8.-Bar ounce. silver, A8HCL per NEW YORK, Jan. ounce. 8. Bar silver, $1.04, fe per TRADING AT CHICAGO. What and Corn a Little Higher Squeeze In Oats Hog: Prod nets Easier. CHICAGO. Jan. 8. The market for wheat was local in character, and fluctuations were narrow. Easy money and a good de mand from abroad for flour on the one hand were holding prices up, while on the other snow and Pardridge tried to keep them down. There was an advance of about he in the May future and lo in the price for July. The announcement made before the commencement of the session that the Bank of England had reduced its rate' of discount was the cause of some firm ness when the market opened. Under this iniluence, principally, May wheat sold at 0G7hC, and' advanced at once to ,07 c, compared with 634C at the close of yesterday. The cables were, in the main, encouraging,' one of the dispatches remarking that the continental demand for wheat, still continued, and the general tenor of these dis- ? atones was favorable to holders here, lowever, the absence of any considerable demand for American breadstuffs, as shown by the daily reports of the quantities exported, minimized, their etlect here. The dispatches from domestic points did not help the "bulls," these being for the most part favorable to the other partv. Some of the wheat arriving at Minneapolis is from the Pacific side of the Kockies. An advance In the Drice on the Pacific coast sufficient to stop further shipments, was reported to several houses here to-day, but if the report which came from Now Yonc yesterday is to be believed, there is a very Jarge quantity of wheat referred to already contracted to come forward by the Northern Pacifio railway. It was reported that snow was foiling over a considerable portion of the winter wheat country. The government crop report was alternately speculated upon as likely to favor the bears." and again to be on the side of the "bull." Another bull point which grew out of the domestic sitnation was the reported good demand for Hour for export, fifty cars being reported sold to go out from Kansas City. The New York advices were that considerable inquiry was in progress there by foreign houses, but only one and a half boat-loads were sold .for foreign shipment to-day. The range of prices was narrow. The lowest price was lAc for Mav. and the highest 97 ai-jc. Tb last quotation was;o. There was a lack of life in the corn pit dnriug tho greater part of the day. which was only enlivened during the time tbe oats crowd was threatening to become hysterical over a 34c advauce in tho price of that cereal. May corn opened at 52:Uc, being Vc decline since the previous afternoon, and it sold at 52-"ve sparingly soon after. 'It advanced by slow degrees in sympathy with oats until 5340 was paid, and then sold off to 53c, recovering to and closing at 53c. The liveliest business done was among tbe. oats dealers. A somewhat sudden and material advance brought ont the fact that Pardridge was by no means the only person short of oats, lie and his co-unfortunates made a lively "hnstle" to fill thi-ir shorts, and they were only snpplied when they o lie red a satisfactory premium to ascertain who was the speculator who has for some time back teen quietly gathering in tbe slack of the Tope, at which he gave so vigorous a tug to-day. May started steady at 43ic, sold Oil to 4.,,5MC453.tc, advanced to 4it-jc. declined to -16c and hardened to 40:c, on the close, indicating c advance. Tbe opening prices in provisions were at a decline of about 2l2Q from tbe closing quotations on Wednesday. The receipts of hogs were

45,000 beadYagainst estimates made yesterday of 40.CO0. The Cincinnati Trice Current reports the packing of bogs to date as liein &4.0CO in excess of the year belore. and likely to rnn W0.C00 abead by March. The result of. the trading was a slight decline in nil the speculative 'articles. The estimated receipts of boas for to-morrow are S.OOO head. The leading futures ranged as follows:

Option. . Op' n ing LI ig h est Loxcest. Wheat Jan .. 90 ) 80 May... . 834 87 wfe July sn-H 3s trc Corn-Jan.... 48 483 Feb 405i 49? May .... 62s 634 623 Oats Jan.... i2h Aoh 42 May..... 453 461-2 433fc June.... 45s 451? 45 Pork-Jan.... $10.85 I10.W3 S10.70 Feb 10.90 10.90 10.80 May -11.321a 11.42$ 11.27 Lard Jan.... 5.92 Hi 5.92 5.90 Feb 6.022 6.02lc 6.00 May 6.421-2 6-45 S.40 Eh'rt rin-Jan. 6.22 '5.221 6.20 Feb. 6.32 Ifl 6.32 ifl 5.30 May .7a 6.75 6.65

90 97 Viht 49 63 433 4&d 45ll 110.70 10.JO 11.30 5.90 6.00 6.42d 6.20 5.30 5.70 Cash quotations were as follows: Floor ouiet and steadv No. 2 snrinur wheat, JWU W)5c; No. 3 spring wheat, Wbec; No.2red. Q1 ln'5r0"W Kti 1 rnrn 4Qlir? No. 2 oats. 433 43c;No. 2 white oats. 47-347i4c; No. 3 wnite oats, 45c; ao. rye. wsamvc: o.z oarley, nominal: No. 3 barley, f. o. b., 6370c; ino. 4 nariey; r. o. o., o.auc; o. uxt-uu, Zl'W?, prime timothy-seed. $1.2401.25; mess pork, per brl, $10.02 V2 10.75; lard, per pound, SAW'S S.&Jic: whort-rib sides (loose), SJO-SS.c; dry-salted shoulders (boxed). 4.2034.20c: short-clear siues (ooxeaj, 'o.ya 5.40c; whisky, distillers' finished goods, per m m -1 a gai, $1.14; sugar, nncnangea. On the Produce Exchange to-day the butter market was slow and easy. Eggs, 221? 24C. Receipts Flour. 21,000 brls; wheat, 40,000 bu; corn. 127,000 bu; oats. 120,000 bu; rye, 11.000 bu; barley, 37,000 bu. ShipmentsFlour, 17,000 brls; wheat. 30.000 bu; corn. 141.00Q bo; oats, 144.000 bu; rye. 14,000 bu; barley, 23,0004bu. At NEW YOUK. Ruling Prices In Produce at the Seaboard's Commercial Metropolis. NEW YORK, Jan. a Flour Receipts. 17,703 packages; exports. 7,512 brls. 239 sacks. The market was firm and moderately active. , Sales, 21,750 brls. Corn-meal dull and steady; yellow Western, $2.85 3.25.. : ' Wheat Receipts 7,800 bu; exports, 7,512 bu; sale 1.792,000 bu futures. 11,000 bu spot. The spot market was stronger and dull; No. 2 red, Sl.04s in elevator, $1.0534 atloat, Sl.05L0C3g f. o. b.; No. 3 red, Sl.OO; ungraded red, $1.044 o)1.05; No. 2 Northern. $1.0714; No. ' 1 hard. $1.124'.' No. 2 Milwaukee. $1.01. Options early were easy and dull at Vac decline, but became stronger and advanced -c on crop estimate of tho Cincinnati Price Current and rumors of export demand: No. 2 red, January, closing at gl.0334; February closiLg at 1.0434: March closing at SL05V. May. Jtl.04i-2'S 1.05. closing at S1.C5: July. Md .09 78c, closing at lJ7c; August, 0778'3981sC, closing at ysc; JJecember, vOSLOO closing at 1.004, Rye quiet and steady. Barley firm and qniet. Iiarley malt quiet and easy. Corn Receipts. 72.NJO bu: exports, 3,045 bu: sales, 250,000 bu futures, 27,000 bu spot. The spot market was firm and dulj: No. 2. SS-SoUc in elevator. COc afloat; ungraded mixed, 5S1j'3(ilc; steamer mixed, WiD 00c; No. 3, 5Si226Uc Options weredull but ruled stronger through the day. and closed Sgc higher upon light interior movements; January. 5935912C, closing at 592c: February'. 5914'35iJ7gc, closing at 6934C; March closing at 5Q7bc; May, GU'SCOc, closing at 59 xe. Oats Receipts, 70,000 bu; exports, 1,405 bu; sales. 150,000 bu futures. 140,000 bu spot. The spot market was firmer and fairly active. Options were quiet and firmer, January closing at 502c; February 514c; March, 52c; May, 513520, closing at 52c; spot No. 2 white. 51 3452 4c; mixed Western, 4JS52c; white Western, 526570; No. 2 Chicago. 512'&-,10hc. Hay dull and weak. Hops firm and quiet. Coffee Options opened steady at 5 points up to 5 points down, and closed steady at 5 20 points np. Sales, 14,750 bags, including: January, lG.25lb30c; February, 15.85c; March. 15.50'22 15.55c; May. 15.15c: July. 14.0014.700; December, 13 13.20c: spot Rio active and easy; -fair cargoes. 19c; No. 7. 174 172C Sugar Raw firm and quiet; refined again firm and fairly active; granulated, 5 151C'3()C; cubes, 640. Molasses New Orleans quiet aud steady. Rice quiet and steady. - Cotton-seed oil quiet and easy. Tallow firm and quiet; city ($2 for packages). 4o asked. Rosin easy and quiet; strained, common to good. $l.o51.40. Eggs quiet and weak; Western, 2C1227c; receipts, 3,761 packages. Hides qniet and firm, r Pork dull; old mess, $1011; new mess, $11.50'212.15; extra prime. $9.50. Cut meats active and steady: pickled bellies, 5c; pickled shoulders, 4 V344C Middles dull and easy; short clear, 5.95c. Lard opened weak and closed firm and dull; Western steam, 6.27I2C bid; sales, 1.250 tierces at C.2S'aT;.30c. Options bales. 4,000 tierces; January, 6.2Sc; February, 6.34c; March, 6.43c, closing at 6.45c; April, 6.55c; May, C646.C7c, closing Butter qniet and firm; Western dairy. 11 20c; Western creamery, 192Sc; Elgin. 20c Cheese lirmer on good demand; light skims, tty3634c; Ohio tiat8tG'39i4C TRADE Di GENERAU Quotations at St, Louts, Philadelphia, Baltimore. Cincinnati and Other Points. ST.LOUIS. Jan. 8. Flour firmer, but prices unchanged. Wheat Tbe market opened c down, hut there was a still further decline of 'S'iC soon afterward. .Large buying orders later advanced prices, and a firm to strong feeling prevailed until 10 o'clock, when a slight sagging movement took place, bnt a recovery immediately lollowed and the market ruled firm to the close, which was $c above yesterday; No. 2 red, cash, ra95J4c; May, 9tiVS9G7c, closing at 9634c; July, 8lh'2,te, closing at 87hC Corn was 1-lCo lower at the opening, but soon strengthened and Uuctuated within a small range till near the close, when a sharp advauce brought prices up to 3S12C higher than - vesterday: No. 2 cash. 4S'dt 48c; May, 5050V. closing at 50&50i.c; July, 5112S5134C. closing at 5134C bid. Oats firm and higher; No. 2, cash, 4420; May, 452,a40c, closing at 457gc. Ryer firmer; No. 2. 67c bid. Barley higher and offerings tirmly held; Wisconsin. 91271c Hay steady for better qualities; prairie is dull and the market overstocked; prairie, good to choice, $;8i9; prime to fancy timothy, $10.50 a-13. Bran excited and higher: sacked, f. o. b. on east side, 0L'942C. Flaxseed quiet but firm at 81-20. Butter Demand light; values weak; creamery, 21222c; separator, 2425c. choice to faucy dairy. 2022c: Northern roll, lS'SHc. Eggs higher at 19c. Corn-meal, $2.55&2.G0. Whisky steady at $1.14. Bagging and iron cotton-ties unchanged. Provisions The market was firm but quiet. Trading moderate. Pork, new mess, $10.73. Lard, 5.755.S0c Drysalted meats steady; boxed shoulders, 3.S7? S4e; longs. 5.20c; ribs, 5.25c; short clear. 5.37c. Bacon quiet and firm; boxed shoulders, 5c; longs and ribs, 5.70-2; .r'.75c; short clear. 5.K?'25.b5t-. Sugar-cured hams, 9.75 11.75c.- Receipts Flour, 3,000 brls; wheat, 7.000 bu; corn, 5,000 bu; oats. 13,000 bu; rye, none; barley, C.000 bu. Shipments Flour, 5,000 brls: wheat, 7,000 bu; corn, 8,000 bu; oats, 8,000 bu; rye, none; barley, none. PHILADELPHIA. Jan. 8.TFlour quiet but steady. Wheat steady; No. 2 red. January. Sll.OOU: February. $1.011.012: March, 51.03 1.032: April. 81.051.05. Corn weaker and lower; No. 3 yellow, in grain depot. C02'61c; steamer No. 2. low mixed, in grain depot. 602c; steamer No. 2 mixed. 111 Krain depot, 61G12C; No. 2 yellow in grain depot. C2oc; No. 2 mixed and yellow, in grain depot, 62c; No. 2 white in grain depot, C02C; No. 2 mixed. January, S'j'aiWc; February, 59V2G0c; March, 602) 60i2c; April, GOGlc Oats firm; No. 3 white, 50345lc; No. 2 white, 51 51 S4C; No. 2 white, clipped, track. 53c; No. 2 white. January, fcliiSMisc; February, 52'S522C; March. 5234a;53c; April, 53'S532C. Eggs dull and lower; Pennsylvania, fresh, VOc. Receipts Flour, 2,1)00 brls; wheat. 400 bu: corn. 15.200 bu; oats, 11,800 bu. Shipments Wheat, 1,000 bu; corn, 2,350 bu; oats, 12,800 bu. BALTIMORE, Jan. 8. Wheat Western steady: No. 2 winter red. spot and January, t'fflc; February, 97c; May, $1.02V21.03. Corn Western steady; mixed, spot, 5S4c; January, 58c bid; May, S'SSSc: steamer, 56c bid. Oats-fairly active. Kye scarce and tinner. Hay firm; choice, $11; good to prime. 102il0.50. Provisions steady. Butter quiet; creamery, fancy, 2722Sc; creamery, fair to choice, 2425c: crtamerv. imitation, &?c; ladle, fancy, 22c; ladle, good to

choice. 15220c; rolls, line. IT'SISc; fair to good. 12-S16C Effgs steady; fresh. 27-S2SC; ice-house, 20c. Coffee firm. Keceipts Flour, 13,452 brls; wheat. 2,472 bu: corn. 13,OCA bu; oats. 8,000 bn; rye, COO bu. Shipxnents Four, 27,971 brls. Sales Wheat. 126,148 bu; corn, 20,090 bu. , . . " MINNEAPOLIS. Jan. a-Cash wheat was in good demand, with local millers and elevator people the principal buyers. Two or three ot the elevator companies had representatives in the market bnying for their houses. Receipts only moderate 256 cars. With demand it sold olf early, excepting lloor samples and lots that had arrived late in the session, or some that was held above the market. Keceipts for t wen tv-fonr hours, 256 cars; shipments, 7S cars. Closing: No. 1 hard. January, 91c; on track. 92c. No. 1 Northern. January. 8Sc; February. 89c; May, 94c; on track, 89 c. No. 2 Northern, January, 85c; on track, 8623870. CINCINNATI, Jan. &-Flour steady. Wheat stronger; No. 2 red. 98c; receipts. 1,600 bu; shipments, 1.000 bu. Corn firm and higher; No. i .nixed, 54c. Oats in good demand; No. 2 riixed. 46ec. Rye quiet; No. 2. 74c. Pork barely steady at $10.50. Lard in fair demand at 5.605.85. Bnlk meats firm at 5.10S5.20c. Bacon barely steady at 6.25c. Whisky steady; sales, 703 brls of finished goods on basis of $1.14. Bntter steady. Sugar firm. Eggs firm at 222C Cheese strong. TOLEDO. Jan. 8 Wheat dull and firm; cash and January. 96o; May. 9934c; June, $1; Jnly, 93c; August. 9ic. Corn dull and steady; cash, 51c; May; 532C Oats quiet; ash, 44o. Clover-seed active and steady: cash and January, $4.40; February, $4.422: March,

S4.52i2- Keceipts Flour, 100 oris; wneat. 2.277 bu; corn, 8,400 bn; clover-seed, 626 bags. . Shipments Flour. 400 brls; corn. 2,100 bu; rye, 400 bu; clover-seed, 1.124 bags. DETROIT, Jan. a Wheat Cash white, 95oc: red. cash, 9534C; January, 9534C: May, $1.0034. Corn Cash 52c; May, 54c. No. 2. oats, cash. 46c; cash white. 48c. ReceiptsFlour, 140 brls: wheat, 5,400 bu; corn. 4,600 bu; oats, 1.500 bu. OIL NEW YORK. Jan. 8. Petroleum continues dull and the volume ot business small. Tbe opening was firm at an advance of c in options, but tbe prices sagged off slowly, and the market closed steady. I'ennsvlvania oil, spot Opening," 730; highest. 73cc; lowest. 73ioc; ciosing.TSc February option Opening, 75c; highest, 75; lowest, 74; closing, 74uc. Lima oil Oneninsr. 21c: hitrhest. 22c: lowest. iile: closing. 22c. Total sales, 42,000 brls., .turpentine quiet and steady. OIL CITY. Jsn. . National trnnslt certificates onened at 74"c: highest. 75c: lowest. 743hc; closed, 74.c. Sales, 108,000 brls; clear ances. 218.000 brls: shipments, 79,447 brls; runs, 76,470 brls; carrying, 45S 50c WILMINGTON. Jan. S.-Turnentlne steady at 36c. Rosin firm: strained. $1. 122 good strained. $1.172. Tar lirm at $1.45. Crude turpentine nrm; bard. $ 1.20; yellow dip and, virgin. $1.90. PITTSBURG, Jan. 8. Petroleum tlrm and higher.' national transit certificates opened at 75c; closed at 75o; highest. 751ec; lowest, 75c CLEVELAND, Jin. 8. Petroleum quiet; standard white, 1105, 64o; gasoline, 74, 9c; gasoline, 863, 12o; naphtha, b3J, 7c ; SAVANNAH. Jan. 8. Turpentine firm at 36120 bid. Rosin firm at $1.173 1.25. CHARLESTON, Jan. 8. Turpentine dull at . zoJgc Oioain quiet. . Cotton. LIVERPOOL, Jan. 8. Cotton Bpot firm wltngood demand; middling. 5 Vj1. Sales, 14,OOo bales, of which 1,000 bales Avere lor specu lation and export, and included 10,900 bales American. . Ilitures closed quiet. American middling, low middling - clause, Jauuary, 5.14-64d, sellers; January and February, 5.14-64d. sellers: February and March, 5.17-64 5.iy-6id: March and April, 5.21 -64d, sellers; April and May, o.24-04d, eeilers; May and June, 5.2664 a 5.27-64d: June and July, 5.28-64 7 5.i.M64d; July and August. 5.30-64d. buyers; August and bertember, 5.2a-ulS5.2v-64d. NEW O RLE AN 8. Jan. 8. Cotton firm. Mid dling. 9 l-lOo; low . middling. 8v: good ordinary, 7 ll-16c Net receipts. 1,694 bales; gross receipts, 10,806 bales; exports to Great Jiritaln. 14.00U bales; to France. 1U.57U Dale; to the continent. 6,456 bales; sales, 8.600 bales; BLOCK, 3 13,60 J balCS. NEW YORK. Jan. 8. Cotton quiet. Middling uplands, y o-ioc; middling Orleans, ysc tales. 107 bales. Futures closed steady; salea, 85,200 bales. January, 9.21 c: February, 9.31c; March. 9.41c; April, y.57c; Mar. 9.07 c; June. 9.77c; July, 9.84c: August, 9.81c; Beptembcr,- 9.67c; October, y.52c Dry Goods. NEW YORK, Jan. 8. Demand for dry goods was of improving character. Tne market Is well filled with buyers, and a good deal more- interest has developed. Wide sheetings, cambrics and bleached shirtings Just reduced in price were artivft. Followinir vesterdAv'a mnvpmont In bleached shirtings agents to-day mado the following changes: Fruit of the Loom 4-4, 834C; 7-8, 7 ac; Hero 4-4, 74c; Farmers' Choice 4-4, 6zc Clearings of woolens were making fair progress with a good outlook. An auction sale of 5,000 1ieces of Trenton Woolen Company's cashmeres, ight and heavy weights. Is announced for Wednesday, the 14th lust. Metals. NEW YORK. Jan. 8. Pig ironnominaL Copper nominal; late, January, 16.40c Load dull; domestic, 4.454.50c Tin dull and easier; Btraits. 20.10c ST. LOUIS, Jan. 8. Lead strong and advanomg, i.-uo uiu, uui noiueis are nrm ai 4.-00. LIVE STOCK, Cattle Steady Hogs Opened Active at Un changed Prices; Closed Quiet. INDIANAPOLIS, Jan. 8. Cattle. Receipts, 250; shipments, 200. Receipts light. Market steady on good grades, while common are quiet at quotations. Fancy exports.... $4.4034.75 (ood to choice exports 4.10 4.30 Medium to good shippers S.5oa:i.85 Com mon to fair shippers 2.50 a 3.25 Feeders, good to choice 2.633.00 Stockera, common to good 1.7532.40 Good to choice heifers 2.003.00 Fair to medium heifers 2.00 S2.4O Common thin heifers 1.25 S 1.75 Good to choice cows 2.2052.60 Fair to medium cows 1.502T2.00 Common old cows .75 'a) 1.25 Veals, common to choice 2.50 S4.00 Hulls, common to choice 1.50 a 2.75 Milkers, good to choice 25 002 35.00 Milkers, common to lair 10.00a 20.00 Hogs. Receipts, 8,500; shipments, 4,100. Quality only fair. Market opened active at unchanged prices, packers and shippers buying; closed quiet. All sold. Heavy butchers... $3.7533.80 Heavy packing... 3.60 a. 3.70 Mixed packing ... . 3.45 a 3.55 Lights 3.30&3.60 Heavy roughs 2.5033.15 Sheep and Lambs. Receipts, 100; ship ments. . Hardly enough here to make a market. - The feeling is stronger. Good to choice sheep $4.1034.50 Fair to medium sheep 3.6033.85 Coiumoni sheep ....................... i.'.7.V3.35 Good to choice lambs 4.75 5.50 Common to inediun lambs 1 Ii.25fr4.50 Bucks, per head 2-00 a, 4. OO 'Elseubere. CINCINNATI. Jan. a Cattle firm. Com mon, SI'S 2; fair to choice butchers' grades. f2.2j'iz4; prime to choice shippers, 3.75 4.50. Receints. 500: shipments. 400. Hogs stronger. Common and light, S3 3.00; packing and butchers'. Ea.GOSb'.bO. Re ceints. 5.700: shipments. 2.700. Sheep steady and strong. Common to choice, 2.50-24.75: extra fat wethera and yearlings, $55.50. Receipts. 200; ship ments, too. Lambs Spring in moderate supply and stronger. Good to chice shipping, 5.25 SC; common to choice outcners , zvda.bz. NEW YORK. Jan. a Reeves Receipts. 50. all for exporters and slaughterers. No trading. Feeling firm. Dressed beef steady at b-54'iC. Calves Receipts, 2S9. Market steady. Veals, graspers and Westerns, $a 3.90. Sheep Receipts. 4.956. Market firm. Sheep. $45.75; lambs. $67.50. Dressed mutton firm at 712'&9c; dressed lambs steady at93l0M?. Hogs Receipts, 5,750. consigned direct. Nominally lirr , at 53. 40 4.25. LOUISVIJ.LJ:. Jan. a Cattle About 22o on sale. Go.d to choice steady and firmer. Shippers strong and higher. Good to extra shipping, 44.20; light shipping, ?J.5nau.75; bulls, 82-22.25: light stockera S2&2.25; feeders. $2.75'S3.25: best butchers. $33.55; thin, rough steers, poor cows and scalawags. 11.50. Hogs Receipts, 1.500. Market steady. Choice packing and butchers. $3.50S3.55; fair to good butchers. $3,152:2.50. Sheep and Lanibs Market steady. Fair to gooti snipping. 54 1 4.20; common to inc dium lambs, $3.755.20. CHICAGO. Jan. a The Evening Jotw nal reports: Cattle Receipts, 13,000; shipments, 3,000. The market was fairly active and strady. Steers, $4.25'S5.50: butchers' stock. S1.75S.2o; stockers. SibiSo. Hogs Receipts. 43.000; shipments. 8.000. The market was lower. Rough and common light, &J.502 d.tx. prime mixed and packers. $3.6523.70; prime heavy and butcher weights. S3.70SS.bO; light. 3.603.70. Sheep Receipts, 13.000-. shipments. 4.000. The market was steadx. Natives, $3.75

RJI5: Westerns, $4.405; Texans, $3.20-2;4.55;

lambs, S752a25. - - - ST. LOUIS, Jan. a Cattle Receipts. 1,200. Market steady to strong. uood to fancy native steers. $4.50S5.10; fair to good native steers. $44.60; stockera and feders. $2-23.40; Texas and Indian steers, $2.C0 Hogs Receipts. 9.700; shipments, 4.S00. Market easier. Fair to choice heavy. 3.o0 23.70; mixed grades, S3.25S3.65; light, fair to best. $3.10 3. 45. bheep Receipts. TOO; shipments, 200. Mar ket strong. Good to choice. $4.4035.50. EAST LIBERTY. Jan. a-Cattle Re ceipts. 1.186; shipments, 1.029. Tbe market was firm at unchanged prices. Two carloads cattle shipped to New York to-day. Hogs Receipts. 4,400: shipments, iJ.iw. The market was slow; Philadelphia, 63.90 2)4; mixed. S3.75S3.&5; heavy Yorkers, ?3.60 S3.70: lieht Yorkers. SO- 3.55: pies. $2 3.25. Ten car-loads of hogs shipped to New lork to-day. Sheep Receipts, 1,200; shipments, 800. The market was slow at yesterday's prices. BUFFALO. Jan. 8. Cattle Feeling firm. Receipts, 107 car-loads through; no sale. Sheep and lambs active, firm and un changed. Receipts, 15 car-loads through and 23 car-loads for sale. Hogs Receipts. 50 car-loads through and 40 car-loads for sale. Market slow and lower; mediums, heavy and mixed, $3.954. KANSAS CITY. Jan. a Cattle Receipts. 3,050; shipments, 7.510. Market strong to. 10c higher; 6toers, $&55'S5.10; cows. $1.75 3.50; stockera and feeders, $2,253:3.25. Hogs Receipts. 13.770: shipments. 4.140. The market was 5 10c higher; bulk, $3.30 . 3.50; ail grades. S33.7a bheep Keceipts. 1.270: shipments, none. The market was steady and unchanged. INDIANAPOLIS MARKETS. The Volume of Trade Up to the Usual January Average. INDIANAPOLIS. Jan. a In all depart ments trade is rather above the average volume in the first week in Jauuary. and, with this, prices are unusually well sus tained. Usually, in January, the produce markets rule weak and an overstock is a leading feature, while this year high prices rule and there is no glut in the market. Irish potatoes, for instance, one year ago, were 40 to 45 cents per bushel, now 81.10 to $1.20 per bushel; choice' apples, $3 a barrel; now $5.50 per barrel. In fact, oranges are now selling cheaper than choice apples, one house selling them at retail for 75 cents per peck. All vegetables are in active de mand at the high range of prices. Commission men find it troublesome to supply tbe deimuid for cabbage onions and potatoes: The flour market is working into better shape. How long this improvement will continue the wisest millers are unable to predict. The provision market is rather Oat. Prices easy, but such is the case usually in January. The hide market is active both East and West, but prices have not shown any marked improvement. Other markets to-day were without feature. .... GRAIN. The local market is moderately active, with prices ruling steady at about the same range as on Wednesday, track bids ruling as follows: Wheat No. 2 red. 96c: No. S red. 93c; re jected, 75 a 85 c: unmerchantable, 65 70c. Corn No. l white, 50c: rso. 2 white. 491oc: white mixed. 493Uc: No. 3 white. 491c, one color; No. 2 yellow, 4812c: No. 3 yel low, 4?c: No. 2 mixed, 4Soc; No. 3 mixed. 4ic; sound ear, 48c. : Oats No. 2 white. 45V?; No. 3 white. 44Vc: No. 2 mixed, 442c; rejected, 42c; unmer chantable, 40c. man Local dealers are bidding 816.50. Hay Timothy, choice. 810.50: No. 1. $10.25: No. . 2, $3.00; No. 1 prairie. $0.75; No. 2 prairie, 5; mixed hay, 86 0.50. ; . ' PRODUCE. Poultry Hens, 6o 4 Id; young chick ens,.' 7c $ 15; cocks, 3c ft; turkeys, choice fat hens, 9c; choice young turkeys, 9c; old toms, 6c; poor, small turkeys, 42 Cc: ducks. fat. 5Vc; geese, choice full-feathered. 84.80 05.40 V doz. v ; Eggs Shippers paying 18c; selling from store at 2i22c. r Rabbits. 25c doz. Uutter Creamery, choice, 22323c: fair. 18 G'ZOc: choice country, roll, 10 11c; common. , Uather8 Prime geese, 5e 16; mixed duck. 20c 4y JR. j Jteeswax Dark. 18c; yellow, 20c f Sheepskins !0c $L , H orse Hides 82. Grease White. 834c: yellow. 801 brown, 2I-'C. , ; Tallow No. 1. 414c; No. 2, 3840. .- Wool Tub-washed and picked, 85c; un washed medium and common grades, if in good order. 22S25c: burrv and cot ted: lfr ISc; Heeced-washed, if light and in good order, 2b'Si30c; burry and unmerchanable, according to their value. Hidesr-No. 1 .0. S. hides. 525kc; No. 2 G. S. hides, 414c; No. 1 green, 4c; No. 2 green, Sc. , Indianapolis Jobbing Trade. The quotations gir en below are the idling pttceg 0 ichoierale dealer .J CANNED GOODS. PnaxVi.a Rtonrlnr 9nrtn n rl CO TKiH AO. 8-pound seconds. S2.652. 75. Miscellaneous Blackberries, 2-pound. 1.10 1.20; raspber ries, 2-pound, fl.Ol.oO; pineapple, stand ard. 2-ponnd. Sl.40'22.50: seconds. 2-pound. 81.20 1.25; cove oysters.l-pound. full weight. 81.15 1.20; light. 80 85c; 2-pound, full. 82,15 22.25; light. 81.20 string beans. 8595c; Lima beans. 81.20 1.30; peas, marrowfat. $1.201.40; small, $1.50 1.75; lobsters, $1.85 22; red cherries, 9ocf 1.10; strawberries, $1.20 LS0; salmon (lbs), $1.90 2. 50. COAL AND COKE. A rt brnif a aaqI cAira otTA ft? Xlf 4Aa egg and grate size. $0.75. Pittsburg and l. ....,-..,.! 1"; ,T. C f m X rtn. T..Vinn 1. block, 83.50; Island City, $3.25; Blossburg and Indiana Cannel. $5. All nut coals 50 cents below above Quotations. Coke Con nellsville, $3.75 load; crushed, $3 load; lump, $2.7a 4 load. DRUGS. Alcohol. 2.25 2. 35; assafoetida, 1520c; alum, 45c; champhor, 50 55c; cochineal, 50 55c; chloroform, 60 65c; copperas, brls. bScaSl; cream tartar, pure. SO 35c; indigo. t;081c; licorice, Calab., geuuine, 8045c; masnesia. carh.. 2-oz. 2585c: morphine. P. A W., p oz, 82.5; madder. 1214c; oil. cas tor, V gal, 81.20 1.25: oil. bergamot, IB, ?3.754; opium. 83.25; auinine. P. & W.. 4 oz. 8944c: balsam copaiba. 7075c: soap, Castile, Fr., 1216c; soda, bicarb., 4 6c; salis. Lpsom, 45c; sulphur. Hour, 4 6c; saltpeter, 820c; turpentine, 46 48c; glycerine, 226c; iodide potass., $2.853; bromide potass., 40 42c; chlorate potasr. 25c; borax. 1315c; cinchonidia. 12 15c; carbolic acid. 45 50c Oilb Linseed oil. raw. 5T.956o t gal; coal oil, legal test. 91414c; bank, - 40c; best straits. 50c: Labrador, 00c: West Vir ginia lubricating. 20 30c; miners'. 65c Lard oils. No. 1, 5055c: do., extra. 65 70c V hue Lkad Pure, 734C FRUITS AND VL(JETAnLFA Apples Choice, $55.50 f brl; medium. Celery Common, 2025c per bunch; choice, 4o!o0c. , . Cranberries 811.25012.50 brL unions Common, 83.50 1 brL Span ish onions. $1.25 1.50 p crate. Cahiiage 81.5 2 W brl. Potatoes i.253.50 $ brl $1.10 1.15 bu. Sweet Potatoes Jerseys, Baltimores. $33.2o & brL FOREIGN fruits Bananas. 81252.25 bunch. xroxn car. 84.404.50; Lemnni Messina, choice, $3.5' 4 box; fancy. 85. Oranees Lonisianas. 83.-5A5o i box: Florid as, $x.25 i.5 ) 4y brL Figs, 12 l4c Prunes Turkish. 7 be dry goods. Bleached Shketings Blackstone AA. 784c; Ballou fc Son, 7; Chestnut Hill, 6c; Cabot 4-4, 72C; Chapman X, 62c; Dwight Star S, 9c; Fruit of the Loom. 9c; Lonsdale. 834c; Lin wood, 8c; Masonville, 884C;Ne w York Mills, 1034C; Our Own, 53c; Pepperell 9-4,-22c; Pepperell 10-4. 24c; Hills. 8c: Hope. 734C; Knight's Cambric, 8c; Lonsdale Cambric, 102C; Whitinsv ille. 83-inch, 6Ljc; Wamsutta, 1034C Brown Sheetings Atlantic A, 714c; Boott C, 6c; AgawamF, Sc; Bedford R, 5c; Augusta. 5Hc: Boott AL. 7c; ContiR.6V Pepperell 9-4, 20cr 1'epperell 10-4, 22c; Utica 9-4, 220; Utica 10-4, 20; Utica C. iUc Grain Bags American. $17; Atlantic. $18; Frankliuville, $18.50; Lewistown. 817.50; Cumberland, $17: Grocers. $18.50; Harmony, 817; Ontario. 816.50; Stark A. 821. Prints American fancy, 6c; Allen's fancy, ec; Allen's dark. 5LC; Allen's Dink, 6c; Arnold's. 6c: Berlin solid colors. 52c; Cocheeo. 5c; Conestoga, 6c; Dunnell's. 6c; Eddystone, 6c; Hartel, 6c; Harmony, 4s4c; Hamilton 6c; Greenwich, Cci Knicker

iiental U, tc; uwignt Mar, 8c: tucho Lake, 62" OranitKville EE. Oc; Lawrence LL, 53c: l'enDerell E. 74C: PepDereli R. 6ifc:

bocker, 6i-c; Mallory pink, tc: prices on dress styles irregular; depends on pattern.

Ginghams Amoskeag, 7c; Bates. 6ac; Gloucester. 6I4C; Glasgow, 6c; Lancaster, 7c Ranelman's, 7Lc; Renfrew Madras. 82c; Cumberland. 6c; White. eciBookf old, 915c; Trime Camhrics Manville. 6c; b. b. & Ron. fk Manonvilli. 6c Garner. 60. Tickings AmoskeugACA. 12c; conestoga BF, 14H?c; Conestoga extra, lajc; Conestoga Gold Medal. 13c: uonestog CCA. 12c; Conestoga AA, 10c; Conestoga X 9c; Pearl River. 12c; Falls OBO. 32-inch. 12L; Methnen AA, 12V: Oakland A. 6; Swift River. 6I2C; York, 82-inch, 12V; York, SO-inch. 10 V. u nut .xu r-Oh Sugars Hard, Osii; confectioners' A 61 6: off A. 66i,c: coffee A. 5n6c; white extra C, 53t"e; extra C, 5 h 5 34c; good yellows. 5LSS5V:: fair yellows. 53i 5x0: common yellows, 5'w5c. Coffees Good, 22 Jsci r?ime, 239 24V; strictly prime to choice. 24Lj25Lzc: fancy green and yellow, 262Tc; old government Java, 8536c; ordinary Java, SO5 31iic; imitation Java, 283429e. Roasted coffees. 1 h packages. 21ic; Ranner. 2434c; Lion, 2134c: Gates's Blended Java, 2l34c; Arbuckle's, 2134C. Beans Choice band-picked navy, f2.w 2.55 & bu; medium hand-picked. $2.'02.55. Molasses and Svrups New Orleans molasses, fair to prime. 8545c: choice. 45 65c. Syrups, 3038c Spices Penoer. 1920c: allspice. 1215c; cloves, 26 80c; cassia, 10 12c; nutmegs, 80 85c IB. Wrapping-paper lignt-weignt straw, 242 Id: light-weight rag, 24 3c lo heaw-weight straw. l342c lo; heavy weight rag. 2343o 4 lb: Manila. No. 1. 8 9c; No, 2, 52oJ2c; print paper, Pfo. 1, otc; No. 8, 8. & C, 10 11c; No, 2, a & S.. 89o; No. 1. S3. & U., 7J8C. Rice Louisiana. 6 7jc , Salt In car lots, 95c; small lots, $1L03. Fi.ni'R SArir No. 1 drab. i brl. 833 4 1,000; brl. $17; Bghter weights $1 1.000 less. Shot 8L50 1.55 4 bag for drop. Lead 7 740 for pressed bars. Wooden Disnss Per 100,1 B, 20o; 2 Bs, 25c; 8 lbs, 80c; 5 lbs. 40c Twine Hemp, 1218o 15; wooL 8 10c; flax, 20S0c; paper, 18c; jute, 1215c; cotton, 1625c. ' n oodenwaiif. No. 1 tnhs. $?ra?.z.r. xo. -tubs, 86a25; No. 3 tubs, 85.25; 3-boop pails. 8L701.75; 2-hoop pails, i.4UWi.4o; double washboards. 82.252.75; common washboards, 8L50LS5; clothes-pins, 6Q& 850 box. IROI4 APil BltS.ll.lJ. Bar iron (rates), L902c; horsesnoe bar. Sc; nail rod, 6c; plow-slabs. 8c; American cast steel, 9c; tire steel. Sc; spring steel, oc LEATHER. sola.2430c: harness. 29 34c: skirtma. S2 86c: black bridle,Vdoz..6065c; fair bridle. 6580c doz.; city kip,-6590c; French: kip, 85c 81.10; city calf-skins. 70c $1; French calf-skins, $1 1.80. NAILS AND HORSESHOES. Steel cut nails. 82.25; wire' nails. $2.55, rates; horseshoes, keg. $4.25; mule-shoes. 47 keg, 85.25; horse nails, $45. TINNERS' SUPPLIES. Best brand charcoal tin. 1C. 10x14. 14x20, 12x12. 87.50: IX. 10x14. 14x20. aud 12x12. $8.95 9.00; IC, 14x20. rooting tin. $5.75 6; 1 C, 20x28, $11.50 12.50; block tin," in pigs, 26c; in bars. 28c Iron 27 B iron, 82C; C iron, 5c; galvanized, 50 and 10 to 60-oer cent, dis count. Sheet zinc, 72C. Copper bottoms, -30c Planished copper, SCc Solder. 17018c provisions. . Jobbing Prices Smoked meats Sugar cured nams. 20 lbs averaae, 9c; 173 hs average, Uc; 15 15s average, Okj; 12 15s average. 10c: 10 Its average. 10Lc; boneless ham. lOc; California hams. 10 to 14 lbs average, &ht; English-cured breakfast bacon, clear, 9c; English-cured shoulders, 12 lbs average. 6c; L lbs average, 6c; sugarcured, 10 to. 12 lbs average. 6c; beef tongues, 40o each, liacon Clear sides, 25 lbs average. 634c; 45 lbs average. O-'c; clear bellies. 12 lbs average. 7c: 18 lbs average. 6he; clear backs. 8 lbs average, 634c; 16 lbs average, 74C; flitches, short backs. 9 lbs average. 6c Dry-salted and pickled meats Clear sides, clear bellies and clear backs. 20 less than smoked; snort fat backs, oc: bean pork,clear,$ brl. 200 lbs, $13.50: ham and rump pork, brl. 200 lbs, $11; also half barrels, 100 lbs, at half tbe price of the barrel. adding 50c to cover additional cost or pack age. Lard Pure kettle-rendered, in tierces, 7J4c; in tubs, 55 lbs net, at same. price as tierces; 50-lb cans in single cases, 77sc; 50ft cans in 100-lb cases, 77sc; 20-lb cans in S01b cases, 8c; 10-lb cans in 60-lb cases, 8c; 5-lb cans in CO-lb cases. 8c; 3-lb cans in 60lb cases. 8. Pork Dressed hogs, 6c; loins, fat trimmed off, 10 to 18 lbs average, 60; over 18 lbs average, CI4C; tenderloins, ISLjc; spare ribs. 5c: trimmings. 5c Sausage Link, 634c; bulk, 20-lb pails. 620; Bologna, in cloth, 52c; in skins, Oc Dried beef, 9c seeds. Clover Extra choice re-cleaned. CO lb bu. $4.TX)24.75; choice, $4,352)4.50: prime, $4.10 4.25; tug 11 sn, cnoice, 4.SU4.50; Aisike, as to quality, $4.506.25; Alfalfa, 85.25 6.00; white Dutch, as to quality. $4.50 a25. Timothy, fancv, 45 lb bu, $1.601.70; choice.8l.551.60; strictly prime. $1.5021.55. Blue-grass, faucy Kentucky, 14 lb bn, $3.00 3.25; English, choice, 24 lb bu, 81.85 1.95. Orchard Grass, choice. 14 lb bu. $1.85 2. Italiaa, Rye Grass, choice, 181b bu. 8L50 1.75. Red Top. choice. 14 lb bu. 65c70c Secoritj tie first ThonghL Profit Afterwards. TUE merchants national bank, OP FORT WORTH. TEXAS, , . as Registrars and transfer acenta offer at par. para ble 50 per cent, on application, 25 per cent In 6ti ami balance in 90 days, the entire issue of $200,000 7 per cent, yreierreu cuuiaiauve oiviuena block 01 me Fort Worth Secority and Construction Co, of FORT WOBTIL TEXAS. whose capital of $500,000 is divided into $200,000 7 per cent, preferred cumu alive dividend stocky $.00.. OOO 0 per ceut. common itocH. Tbe entire issue cum. mon tock having been taken by cmzzifs or Fokt WOBTH.ATPAB. - HOW DIVIDENDS WILL BE PAID. . ble. mostly liiHide. real et.itu. owns in the citjrof Furt Worth, Texts, the two finest commercial build.nvs sooth of ft. Louis, in tbe United states, known as the Hurley Office buudinir uj1 itie jdartin-Hrown Wholesale Dry liootls building, lor which the charge for rentals i $30,2 J8 annually. It has been airreed br tbe directors to set aside $14.0n from tbettereut&ln, Inch cau be applied only to tne7 iwr cent, dividend on the $200,000; and farther, thai such preferred stock shall first be paid In full out of the assets of said corporation upon the (lissoiution thereof, before the common stock sbaU bo entitled to share In such av sets. And it Is further screed that after the nrefer. red stock has been paid it 7 per bt divldeud that troxu net earmiiK the common toe It Is to reoeive b 1er cent., and, from the balance of profits a dividend ie paid on each tho preferred and common of 3 per cent., thus makinir the preferrenl a 10 per cent, and the common a ii per cent, stock. All earnings above snmcient to pay tne above aiviaeima, which wiu nuiuuut mj i,wu 'ei aim uui, 19 w uo utrritMi to our. tlus account for a iH-ricd of five Tears, and at the ex. mratlon of that time the directors may divide It amonR the stockholders of record as they may deem proper. It is expected that from the Increased capital of f 200.000 now ottered, the corporation can earn from $150,000 to $200,000 per annum, as It will place the company in a position to handle all imeineR ottered to a minimum ot from f l.OOO, OOO to $1,500,000 Worth oi construction annually. ; . , ;, OBJECTS OF THE COMPANY. The Fort Worth Security and Construction Com. nanr. of Fort Worth. Texas, is duly Incorporated under the lawn of the state of Texas, for the purpowe of the erection oi onumngs ana tne accumulation and loan of funds for the purchase of real property in ciue, towns ana villages, ana tuso ior me accu mulation and loan ox money. HISTORY OF THE COMPANY. The Fort Worth Security , and Construction Com. panyof Jr'ort Worth, Texas, is an outgrowth of and fcucceeded the Fort Worth Loan and Construction Company, December 31. Iti90, which w4 the most suocebsf ul corporation of its kin : in the Southwest. haviuK. on a capital of $100,000. earned $225.oM net InKide ot two rears. It organized with $loo.OOO caoltal in Februarv. In lH8y, tncreAsinaame from earnings alone to f -JOO ooo in April. 1 ssh), and in Iecem. ber. 18y). shows additional surplus on conservative valratioua of $125,000. It is to push tins bnnluess to greater proportions that the $200,000 prelerred stock Is now onered. The phenomenal net earnings of this corporation shows why conervaUve investors demanding assured dividends are turning from 1LAILWAY TO I2CDU8TRIAL SECURITIES. Its capiui Invested mostly In Inside improved property, whloh is constantly increasing in value, forms a permanent security for Its fidelity, and for controlling the sale of the beat securities in the State. As its otlicers are araoag its largest stockholders Its afiairs will receive their undivided attention. It Is not often that an investment, bearing such a high rate of dividend, coupled with absolute safety. Is offered to the public ITS GENERAL BUSINESS. In addition to its construction department It transacts a general financial business. It deals In Texas ecutilies for investor trutit, fund and institutions; furnishes inlormai.on aud makes expert reports oa the property of individuals, railway or other corporations, and pays taxes for non-residents. EXAMINATION and GUARANTEE Or TITLES Titles to Texas real estate and mortgages thor. nughly examined and Insured, the charge ot which will be mate known before work is begnu. The option is reserved to subscribers to pay in full on spplicaUon. or on the date ot any installment. Interest at the rateot 7 percent, per annum will be allow ed on such prepayments. For further particulars address the MERCHANTS' NATIONAL BANK or THE FORT WOUTII HE. CURITV A CONbTUUCTION CO.,Fort Worth, Tex.

THE JOURNAL

In the various editions of the INDIANAPOLIS JOURNAL Homo and Foreign Events of all descriptions are treated with a fullness and completeness not attempted by any other newspaper in Indiana. Among the newspapers of tho State it is pre eminently the best, and Indiana readers can nowhere else find what they want in the way of State and local news. It circulates largely in every county in Indiana, and has correspondents in every town and villapo of importance. This feature of the Journal, during tho en suing year, will be kept up to its pres ent high standard of promptness and accuracy, and the 6ervico will bo im proved wherever it may bo needed. Tho Journal's market reports are pre pared with the greatest care possible, and no pains or expenso aro spared to make them accurato and absolutely reliable. The Journal is tho only newspaper in the Stato owning and publishing all the news furnished by tho two great press associations (tho Western Associated Prcs3 and the United Press), in addition to which it furnishes an abundance of special service from all tho principal cities of the country. It has been, and will in the future be, the aim of the publishers of tho IifDiAXArons Journal to furnish a perfect and complete news paper deficient in no department or particular. No Indiana reader, certainly no In diana Republican, should be without the Journal. While it is thoroughly and soundly Republican in politics, devoted to the interests of the Republican party, tho Journal will not allow its news to bo colored by partisan bias, but will give tho news of the day without fear or favor. Especial attention is invited to tho merits of tho SUNDAY JOURNAL A large, handsomely printed paper, never less than twelve pages in size, frequently sixteen, and which will bo increased in dimensions as the exigencies of business may require and justice to the reader demand. This issue presents a very largo amount of the best current literature, including stories, poems and sketches by many of tho best known and most popular writers of tho time. The publishers ask examination and comparison of this issue with any paper of similar character published or 6old in Indiana. v Tho Sunday Journal can bo subscribed for and received cxclusivo ot tho Daily Journal. THE INDIANA STATE JOURNAL (THE WEEKLY EDITION) One Dollar per year, lias a circulation extending to every county in Indiana and adjacent territory. It is a complete compendium of tho nows of the week, accompanied by tho latest market reports, and special departments deyotod to agricultural, horticultural and household topics. It is complete in every department TERMS OF SUBSCRIPTION. DAILY. One year, without Sunday One year, with Sunday Elx months, without Sunday.... ix mouths, with Sunday. Three months, without Sunday Three months, with Sunday...., One month, without Sunday.... ....fll.00 .... 14.00 .... 6.00 .... 7.00 .... 3.00 .... 3.50 .... 1.00 One month, with Sunday... 1.20 WEEKLY. One year ...tl.00 Beduced rates to club. Subscribe with any of our numerous agents, or send subscriptions to The Journal Newspaper Co. INDIANAPOLIS, ISD.