Indianapolis Journal, Indianapolis, Marion County, 13 January 1891 — Page 7

THE INDIANAPOLIS JOURNAL, TUESDAY, JANUARY 13, 1891.

7

'ii wm& Nmom bank Dsaignatad United sutti Depository. Comer Boom, Odd Fellows 1111. . mo. r. n AroBXT. Free't. x. k. hut roKp. cas CONDITION OF THE MARKETS

Wheat Opens Yerj High at Chicago, but Declines Heavily Daring the Day, Ths Clos8 Weak at Lower Prices Than Were Quoted Saturday Corn and Oats Follow About the Same Course Provisions E&sj. MONEY, STOCKS AND BONDS. Sensational R1m In Sugar Trust Western Securities Veak. NEW YORK. Jan. 12. Money on call was easy, ranging from 3 to 4 per cent, the last loan being made at S. closing offered at 3 per cent. Prime mercantile paper GGS per cent. Sterling exchange quiet and weaker at 4.823 for sixty-day bills, and $4.S53 for demand. The total sales of stocks to-day were 879,912 shares, including the following: Atchuon, 13,15.); Lackawanna. 12,663; Erie, 4,070; Louisville & Nashville, 12,135; Missouri Pacific. 13,445; North American, 13,CC5; Northern Pacific, 40,120; Northern Pacific preferred. 2C.C30; Reading. 11.220; Richmond & West Point. 16.770; St. Paul. 17.770; St. Panl preferred. 17.C23; Texas Pacific, 3.310; Union Pacific, 13,765; Western Union, 3,a, The stock market was quite active today and furnished more excitement than on any day since the great break in November, and while the first tendency of prices was upward, there was a natural reaction toward the close. Considering the material advance which the market has had since the first of tbe year, which has been practically without a set-back of any kind, there was a1 widespread sentiment that a reaction was in order and today it came, the "bulls'1 seeming rather to favor it than to oppose it. probably under the idea that it would bring in fresh buying and give increased breadth to the mar ket. The dealings in the general list, how ever, were completely overshadowed by those in Sngar Refineries, which were given a rise on tne completion or trie reorganization and the prospective payment of the 5 per cent, in cash. There was an extremely large and excited crowd gathered in the stock market this morning, and at the found of the gavel a 6cene. of tbe wildest excite ment ensued, large orders having been placed in the market to buy, wbile tbe "shorts" fairly climbed over each other to. -recoup their contracts. The stock had closed Saturday at 707gc, and the first sale recorded this morning was at 71c, while higher quotations were made on different sides of the crowd at the same timer The demand was so great, how ever, that 812 was reached be fore this demand was satisfied. and the price then reacted to 78. where it was maintained for the rest of the day. In the general list there was the same taking of profits, which in tbe afternoon forced the list off, and while there were a few specially strong Bpots. such as Chicago Gas. Northern Pacific, Missouri Pacific and sil ver certificates, the grangers were weak. Atchison and Rock Island in particular. and Lackawanna also tailed behind the list. The early gains were all wiped out. though there was a spurt in Chicago Gas in the afternoon on the rumors of a new bull pool in the stock and also of the probable declaration of a dividend. A rise of nearly 5 per cent, was scored, but realizations afterward wiped out the greater portion of this improvement. Silver certificates were xnoro active than for a long time and decidedly strong, tbe advices from Washington giving encouragement to those who are hoping for a wider cse of tho metal. The general list presented no decided feature whatever, but slowly sagged off during the afternoon, and tbe market finally closed active but heavy at or near the lowest prices of the dar and onlv elichtIy. chanced from the ' finals' of Saturday. The important changes are as follows: Chicago Gas is up 28. silver l3. Missouri Pacific and Northern Pacific each 1 per cent, and Sugar 714. wbile Rock Island is down l3-i and Lackawanna and Atchison each 1 per cent. ' Railroad bonds were less active than dur ing the latter portion of the last week, the sales to-day reaching only $2,779,000, but a a firm to strong tone was shown through out the day, no sympathy with the weak ness in shares being displayed at any time. Almost everything traded in scored a slight advance, though the KeadingincomTl were weak because of the non-payment ot interest. me active issues were Atchison in comes, with $256,000; the fours, with $103.000; the Northern Pacific fives, with $307.000. and Keading firsts, with 8204.000. The market changes were not specially numer ous, however, and most prominent were lioston. Uoosac Tunnel &, Western debent ures 2!o. to 9712; Burlington debentures 2. to 102; New York, Lackawanna & Western firsts 2J. to 130; Detroit. Bay City & Al pena firsts 4, to 95; Kvansville & Terre Haute firsts 3. to 118: Oregon Improvement firsts 4. to 96; Peoria, Decatur & EvansGovernment bonds were dull and steady. State bonds were dull and featureless. Closing quotations were: Four per ct. reg... 120 Four per ct. coup .. 1 20 Four and sareg.. 1034 Four and s coup. 103 PaciHo6a of 95...109 Adams Express. ..145 Alton AT. II 29 Alton AT. II. pref.120 American Kxpressll2 Cbes. & Ohio 18 C. AO.pref.lsts.. 4B?t Lake Shore... .....10754 Lead Trust 19 Loulsv'edtNashv'e 768 LouisvevAlbiiy 20 Missouri Pacific... 664 n.j. Central 115 Northwestern 1063, orthwest'n pref.137 New York Ce n t ral. 1 03 i O. & Mississippi... 183 O. &M.pref 85 C. & O. prer. 2da.. c, ii. & q C..C..C. &6t.L... Chi. & Eastern 111. Peoria, I.&E..... 15a 92 62 47 ruiiman Palace. ..192 U.S. Express 69 W.. St. LAP 10 DeL. Lack. fcVes.. 137$ Fort Wayne U9W., ct. L. & P.pref 194 wells-Farco Exp ..13 Lake Erie & West. 14 Western Union.... 78-s L. E. & w.prer.... 57 LONDON, Jan. 12,-Bar ounae. 6ilver, 43d per TRADING AT CHICAGO. "Wheat Opens High bat Declines Corn and Oats Lower Provisions Weak. CHICAGO, Jan. 12. The wheat market opened very strong compared with the weakness prevailing at the close of Satur day's session. In the meantime the govern ment crop report had been received, mak ing the total of the wheat harvested in 1890 399,000,000 measured bushels. The first sales of May wheat were made r.t 98c, as against 9634S9678C on Saturday. Tbo for eign markets were firm, and that, with the crop re port referred to, was the reason for the advance at the opening. The "bears" were in possession of arguments vrbich were written so plain that no urgency was needed to make their impression felt upon tho market already under the control of bearish senti menu 1 he price 01 May wheat touched a figure only lie above tbe lowest point it reached during the crisis of the late mone tary stringency. It sold at one time to-day at 900, or 2c lower than tho highest, at which sales had been made near tho open ing. The news was more bullish than bearish, but. as already stated, that which af fected themoreimmediateconditionsof sup ply and demand was in favor of the sellers. The visible supply showed a decrease dur ing the past week of 312.071 bushels, against 5?b,054 bushels a year ago. Aside from the foregoing tbe news was mainly capable of a bullish interpretation, bilver was active and much higher in New York. Stocks were likewise on the boom, bnt a failure on the ew lork Stock exchange was cited by tb- "bears" as an added reason for a decline in wheat. The Kuropean news by cable and mail was in favor of firmness. A few loads only were reported as having been worked at New York. The market Closed at the weakest point, lbe corn crowd were evidently impressed with a belief in tbe government iigures being an argument for higher prices, to jndgo from the startinjr figures, the May delivery opening at from 53o to 53-ic, against 530 at the close on Saturday. The Utictuations followed the courso of the wheat market, and closing transactions were near the lowest prices of tbe session. May declined to 524C The "longs" sold oats and as they were numerous there was a reaction that carried tbe market down to 46c for May. The government report was very bullish, as it showed the smallest crop ever reported kf the bureau. May opened at 46340, sold

to 4C7gc and declined to 46o tinder the in-

lluence of the selling noted. Toe market then recovered to 40 kc. bat tinally closed at the low point of the day, 46c, indicating 2C decline as compared witn batnruay a closing. Tbe provision market was active and weak, under receipts of bogs, which were estimated to number 50.000 to oo.uuo bead. There were tome outside buying orders near the start which were freely sup plied bv the manufacturers of tbe proa act. Tbe leading futures ranged as follows:

Options. Opening Highest Lowest. Closing. Wheat-Jan.. 914 SI3!? 894 893. May... . 972 988 93-a 9 July Viht 94 . 91 s 9173 Corn Jan.... to 10 ia Feb. 61 61 493 403 May .... - 633 5334 624 62 Oats Jan.... 43, 437 43 43 May 46 46?s 46 46 June.... 453g 455 433g .4533 Pork Jan.... 110.35 1 10.35 fio.25 $10.23 Feb 10.45 10.45 10.322 10.32-4 May 11.00 11.05 10.75 10.82-a Lard Jan.... 6.85 6.85 6.80 6.80 Feb...... 5.92-e 5.02 6.85 6.85 May 6.322 6.322 6.271 Sh'rtribR-Jan. 6.07- 5.072 6.02-3 6.02 a Feb 5.10 6.10 6.05 6.10 May 5.55 6.55 6.45 6.479

Cash quotations were as roiiows: Flour firm and unchanged. No. 2 spring wheat. b934C; No. 8 spring wheat, 85i2'2 8840; No. 2 red. l912c: No. 2 corn, 4334c; No. 2 oats, 43c; No. 2 white oats. 49c; No. 3 white oats, 44i'245ioc: No. 2 rye. 70c: No. 2barley. nominal; No. 3 barley, C873c; No. 4 barley, f. o. b 58-2 67c; No. 1 flaxseed, $1,231201.24: prime timothy-seed. $1.27; mess pork, per Drl, $10.25; lard, per pound, 5.77-335.80c; sbort-rib sides (loose). 4.900 5.0.JC; dry -salted shoulders (boxed), 4.100 4.20c: short-clear sides (boxed), 5.2505.30c; whisky, distillers' finished goods, per gal. 51.lL On the Produce Exchange to-day the but ter market was uuiet and unchanged. Eggs easier at 21'a23c. Receipts Flour. 10.000 oris; wheat. 19,000 bu; corn. 88.000 bu; oats. 91.000 bu; rye. 5.000 bu; barley, 37,000 bu. Shipments r Jour. 13,000 brls; wheat. 41.000 bu; corn; 105,000 bu; oats. 119.000 bu; rye, 17.000 bu; barley, 16.000 bu. AT NEW YORK. Ruling Prices In Produce at the Seaboard's Commercial Metropolis. NEW YORK, Jan. 12. Flour Receipts, 24,003 packages; exports, 10,388 brls, 2,493 sacks. The market was heavy and moderately active. Sales. 22.600 brls. Wheat Receipts,' 6,600 bu; exports. 15,895 bu; sales, 3,232.000 bu futures, 127,000 bu spot. The spot market was unsettled. with options fairly active; No. 2 red, $1.04 1 in, elevator, $1.055801.0014 afloat, $1.04 Va 1.0634 f. o. b.: No. 3 red, 99iC0$l.; ungraded red, $1.01 a)L06io; No. 1 Northern, $1.08ig; No. 1 hard, $1.13 Options at the open ing advanced 30 !oc, but shortly the re ports from the West represented marked bearishness and declining prices. v Here prices broke l:J8l7gc, and closed heavy with general realizing; No. 2 red. January, $1.033401.0378. closing at 8l.033i. February. $1.04180 1.04 t, closing at $1.04-; March, $1.O4h0LO5, closing at$1.04g; May, $1.04 01.O5s. closing at S1.04; June. S1.O240 1.033a closing at $1.02--2; July, 983hc0 $1.0038. closing at 983kc; August. 960 9734c. closing at 963yc; December, 9834 $1.004, closing at 9834c. Rye steady and quiet: Western. 77080c. Barley firm on fair demand. Barley malt weak and quiet. Corn Keceipts. 96.600 bu: exports. 1.440 bu: sales, 680.000 bu futures. 59,000 bu spot. The spot market was irregular'and dull. closing weaken rio. 2. 595806 c. in ele vator. 6O34061c afloat; ungraded mixed, 551.1061 loc: Htenmer mivd. 59lo0eiO34C. Options advanced mc. but reacted on the weakness in wheat, and sold off 12C closing easy and more active: January. 590 593.ic. closing at 59f!c: Febrnarv. 693t0 604C. closing at 5934c; May. 59406O34C, closing at594C. Oats Receipts. 133.000 bu: exports. 1.000 bu; Bales. 190,000 bu futures. 134,000 bu spot. The BDot market was moderatelv aotive. unsettled and lower. Options were weak and quiet: January. 52c: February. 52c: May, 520o234c, closing at 52c; spot No. 2 white. 52 40o23c; mixed Western, 49052c; white VV estern, 52 059c; No. 2 Chicago, 5234C 1 ay weak and quiet. Hops quiet and firm. Coffee Options opened steady at un changed to 10 points up, closing steady at 10015 points up. bales. 2S.500 bags, includ ing: January, 16.45016.50c;1 February. 16.05 0l6.loc; March. 15.75015.80c: Mav. 15.300 15.40c; July, 14.850 14.90c; spot Rio steady and more active; fair cargoes. 19c: No. 7. 172C. Sugar Raw quiet and firm: sales. 2,400 bags centrifugals, 96 test, at 3c. c. and f.; refined quiet: white extra C. 5 716052C. Molasses New Orleans steady on fair de mand. Kice hrm and more active. Cotton-seed oil dull and steady. Tallow strong and a met. Rosin steady and auiet. Eggs dull and weak; Western, 252'326c; receipts, 4,040 packages. Pork quiet and unchanged. Cut meats in good demand and strong. Middles weak and dull; short clear, 5.75c. Lard depressed and more active; Western steam, 6.15c bid; sales. 1.600 tierces at 6.1506.20c. Optioni Sales. 7,250 tierces: January. 6.1506.17c. closing at 6.15c bid; February, 6.20c, closing atb.iuc Did; March b.3i06.36o, closing at 6.300 bid; April, 6.4 lc; May, 6.5006.550, closing at 6.49c. Butter quiet; fresh creamery, 11c; West ern dairy, 12020c; Western creamery, 190 28c: Western factory. 9022c: Elgin. 29c. Cheese stronger on moderate demand; light skims, 40064 c;Oino Hats. C09-4C GRAIN AT HOME AND ABROAD. Figures Showing the Quantity In Slgtit In the United States and Canada. CHICAGO, Jan. 12. The visible supply of grain, as reported for the Board of Trade, is as follows: Wheat. 25.208.000 bu, a decrease of 335.000 bu; corn, 2.767.000 bu. an increase of 67,000 bu; oatH, 3.630,000 bu.a decrease of 10,000 bu; rve, 439,000 bu. a de crease of 36,000 bu: barley, 3,811,000 bu, a decrease of 248,000 bu. The Foreign Grain Trade. LONDON, Jan. 12. The Mark Lane Express, in its weekly review of the British grain trade, says: English wheat is held at Is advance; 6d is obtained. The sales of English wheat since the harvest have boen 3,336,345 quarters, r oreign wheat has been very firm. Only within a few days has there been a good inquiry. A noteworthy lessening of Roumanian and Russian ship ments has hardened the market. Barleys ate dear- Oats have been dull, Londou showing a shilling rise on oats on Friday and at Derby they were Od cheaper. At to-day's market English wheat and good white foreign wheat were strong, and red was steady. Ihe request for flour im proved. Full prices were paid for spot corn, and the inquiry for forward delivery was improved. Barley in sellers' favor. The rise in oats checked the inquiry. Pulse was firm, but without quotable advance. Rape-seed was lnni. TRADE IN GENERAL Quotations at St. Louis, Philadelphia, Balti more, Cincinnati and Other Points. ST. LOUIS. Jan. 12. Flour firm; XXX, $2.9003; family, $3.1003.25; choice, $3,350 3.60; fancy, $404.10; extra fancy. $Li50 4.45; patents, $4.7004.80. Wheat May opened l16c and July hie higher, but Chi cago advices were of a depressing nature, and prices were hammered down amid con siderable excitemeut for a time. The de crease in the visible supply not coming up to expectations also served to depress the market, and the tendency was downward to the close, which was at declines of 340134C from Saturday's final prices; No. 2 red, cash, 91095c: May, 953409714C, closing at 95-Vc; July, S608776C closing at 86ic Corn After a slight hardening of prices on first sales, the market took a slump with wheat and declined to the close, which was 114c lower tnan Saturday's; No. 2 cash. 4S20483bc; May, 483b05o34C. closing at 49-vc bid; Jnl.v, oic, closing at 51c bid. Oats opened higher, out immediately eased off", and the close was He below Saturday at tecnoon; No. 2, cash, 45c bid; May, 4534 4658C, closing at 4534c Rye No offerings; No. 2, 67c bid. liariey hrm; Wisconsin, 74:c: Nebraska. 77c. Hay fairly steady: demand and business moderate: strictly prime to fancy prairie, $8.2509; prime to fancy timothy,$11013. Bran scarce and firm; sacked, f. o. b.. 98c. Flaxseed higher at $1.24. Butter dull: creamery, 21022c; sepa rator. 24025c: choice to fancy dairy. 210 22c: Northern roll, 15017c. Eggs higher and firm at 20-2'21c Corn-meal steady at $2.5502.80. Whisky steady at $1.14. Bagging and iron cotton-ties unchanged at 5-40734O for the former and $1.3501.40 for the latter. Provisions lower aud weak; no speculative movement. Pork New mess, $3710X0. Lard, 5.62205.65c

Dry-salted meats Boxed shoulders. 4.750

4.87ac: longs and ribs, 5.100 o.llic; short clear. 5.25c. Bacon Boxed shoulders, 5c; longs and ribs, 5.62?c; short clear, 5.75c Receipts Flour, 6,000 brls; wheat, 7.000 bu; corn, 87,000 bu; oats. 29,000 bu: rye, none: barley. 9.000 bu. Shipments Flour. 8,000 brls; wheat, 4.000 bu: corn, 11,000 bu; oata, 12,000 bu; rye, 1,000 bu; barley, none. PHILADELPHIA. Jan. 12. Flour steady but auiet! Western winter, clear. $4,500 4.75; western winter, straight, $4.7505; win ter patent. $505.2o: Minnesota clear. 40 4.50; Minnesota straight. S4.6505; Minne sota patent, $505.35. W heat uptions opened farm, but afterwards declined -40 -Vzc. in svmnathv with the W est, and closed nominal; choice milling grades scarce and hrm, though quiet; ungraded, in grain depot. $1.05; No. 2 red. January, 99--2C 081: February. $1.01 01.01 io: March. 8l.OS0i.o3i2: April, $1.0501.0513. Corn Car lots 201c , a t a t - : lower; options quiei; no. a mixeu. iu ktuiu depot and elevator. 592c: steamer No. 2 yel low, in grain depot. 60c: steamer No. 2 mixed and yellow, in grain depot, 592e; No. 2 mixed and yellow, in grain depot and ele vator. 60c; No. 2 mixed. January, 58405-40; February. 590 60c: March. 600 00i2c; April, 6O1206O34C. Oats weak and lower; No. S white, 51c; No. 2 white, in grain depot, 532c; No. 2 white, in elevator, 52--2053c; No. 1 wnite. 532c: No. 2 white. January, sara 52ic; February. 52i4'25234c: March. 53380 538c; April, 5320 542C Provisions qniL pork Mess, old, $11; new. $12.50; iamny. $13013.50. Butter dull and weak: Pennsylvania creamery, extra. 27028c: Pennsylva nia prints, extra, 80034c. Eggs weak; Penn sylvania firsts, 2702Sc. Cheese firm; part skims 608c. Receipts Flour. 1.300 brls and 500 sacks; corn, 12.000 bu; oats, 17.100 bu. Shipments W heat, 1,700 bu; corn, 11,900 bu; oats, 30,300 bu. CINCINNATI. Jab. 12. Flour in moderate demand; family, $3.8504; fancy. $4.3505.70. Wheat scarce and nominal; No. 2 red, 93 099c; receipts. 2,500 bu: shipments, 1,500 bu. Corn easier; No. 2 mixed, 5405440. Oats steady; No. 2 mixed. 472048c. Rye quiet: No. 2. 74c Pork easier at $10.25. Lard weak and lower at 5.6005.8a Bulk meats auiet; short ribs, 505.12-2C Bacon in fair cmand; short clear, 6c. Whisky firm; sales, 1.414 brls of finished goods on a basis of $1.14. Butter steady; fancy Elgin creamery, 25c; prime Ohio and Indiana, 20 025c; choice dairy, 15016c. Sugar firm; hard refined, 6!407c; New Orleans, 405c. Eggs stronger at 22c. Cheese in fair demand and steady; choice full creamery Ohio flat 9120100. MINNEAPOLIS. Jan. 12. There was a large demand for spot wheat in the morn ing and prices were higher, while futures remained up; but on later decline of futures cash wheat to some extent fell with them, and there was a general range of about lc on tbe same qualities at dinerent times in the day. Millers are chief buyers, and some was taken by local elevator companies. Receipts were quite fulL Receipt for forty-eight hours. 489 cars: shipments. 95 cars. Closing: No. 1 hard, January, 91c; on track, 92c. No. l Northern, January and r ebrnarv. 89c: Mav. 93i.ic: on track. 90c. No. 2 Northern, January, 8Cc; on track, 870872C BALTIMORE. Jan. 12. Wheat Western quiet: No. 2 winter red. spot and January.1 97c; May, $1,0212. Corn Western easy; mixed, spot, 59oc; January, 59c; May, 58.2 05b34c; steamer. 572C Oats active; Western white. 51053c: Western white mixed. 50051c; graded No. 2 white, 522c; graded fo. 2 mixed. 51c. Rve fairly active. Hay firm. Provisions steady. Butter quiet. Eggs steady; fresh. 26027c; ice-house. 180 19c. Coffee firm. Receipts FJour. 8,128" brls; wheat. 340 bu; corn. 20.180 bu: oats, 11,000 bu: rye, 800 bu. Shipments Flour, 324 brls: corn. S0.000 bu. Sales W heat. 61.840 bu; corn, 2,610 bu. TOLEDO. Jan. 12. Wbeat weak and lower; cash, 94c; May 98 7bc; July, 92c; August, 91c Corn active and easier: cash. 52c; May, 53J4C Oats quiet; No. 2 white. 4bc: No. 2, 44c. Clover-seed hrm; cash, $4.55; rebrnary and March. $1.60. Keceipts Flour, 100 brls; wheat. 1,880 bu: corn, 3.509 bu; clover-seed. 3.2 bags. Shipments Flour. 252 brls; wheat. 4.233 bu: corn. -2.000 bu; oats. 400 bu: rye. 1.336 bu: clover-seed. 212 bags. i : DETROIT. Jan. 12. Wheat No. 1 white. cash 950; No. 2 red. cash, 95i2c; May, 99!4C Corn No. 2. cash. 52c: May. 54c. Oats No. 2, cash. 48c; white, cash. 48c. Receipts' Flour. 500 brls: wheat 4.500 bu: corn. 4.800 bu: oats, 2.600 bu. oil NEW YORK. Jan. 12. Petroleum continue dull and no interest is shown in the trading.-The opening was steady, and, after a slight advance. me mamet receaed ana closed dull. Fennrl73?ic; closing. 73380. Lima oil. no sales. Total sales, 38,000 brls. Turpentine quiet and steady at39a39$ic OIL crrY. Jan. 12. National transit certifi cates opened at 735c: highest. 74c: lowest. 73c; olosed, 733po. Sales. 184,000 brls; clearances, 182,000 brls; shipments, 117,639 brls; runs, 1227730 brls. WILMINGTON. Jan. 12.-8Dirits of turpentine firm; 36c bid. Rosin firm; strained. $1.122: good strained. $1.172. Tar firm at $1.45. Crude turpentine firm; hard. 91.20: yellow din and vir gin. $1.90. PITTSBURG. Jan. 12. Petroleum dulL Na tional transit certificates opened at 74c; closed ai 73sc; uignest. 74c; lowest, 732C CLEVELAND. Jan. 12. Petroleum eaav: stand ard white, 110, 634C-, gasoline, 74, 9o; gasoline, 86, 12c; naptha, 63, 7c SAVANNAH. Jan. 12. Turpentine steadv at 3620 bid. Rosin firm at $1.17a 1.25. Cotton. LIVERPOOL. Jan. 12.-Ootton-8not in good demand; middling, 5 5-lGd. Sales, 14,000 bales. ox wmcn l.ooo bales were for speculation and export, and Included 9,200 bales American. Futures closed steaoy. American njiddlimr. low middling clause. January, 5.14-6 L2 5. 15-64d; January ana February, D.i4-045.l;-G4d: February and March, 5. 17-64 5. 18-6 Id; March and April, 5.21-64d, buyers; April and May, 5.24-64d, sellers; May and June. 5. 2 6-04 d. buyers: June and July, 5.28-G4d, buyers; July and August, o.30-64d, buyers; August and September, 5.28-64d. NEW YORK. Jan. 12.Cotton oniet and firm. Middling uplands, 9c; middling Orleans, O ll-l tic Bales. 103 bales. Futures closed dull but steady; sales, 83,000 bales. January, 9.25c; NEW ORLEANS, Jan. 12. Cotton steady. Middling. 94C: low middling, 8 1-1 6c: gooa ordinary, 7 15-16c. Net reoeipts, 8,340 bales; gross receipts, 9,058 bales; exports to Great Britain, 4,000 bales; to the continent. 434 bales; coastwise, 300 bales; sales, 8,500 bales; stock. 316,836 bales. Dry Goods. NEW YORK. Jan. 12. There were more arrivals of Western buyers in the dry-goods market, aud there was more doiug in consequence, but there was no general activity, the larger moTt inent being in bleached cottons and wide sheetings. As before, prices wero steady. Metals. NEW YORK. Jan. 12. Pig-;ron nominal; Copper dull; lake, January, 14.60c. Lead firm; domestic, 4.52 2C Tin quiet and steady; Straits, 20.20c ST. LOUIS, Jan. 12. Lead higher but quiet at 4.30c - LIVE STOCK. Cattle Unchanged Hogs Opened Weak and Lower; Closed Tame Sheep Quiet. INDIANAPOLIS. Jan. 10.-Cattle. Receipts, 50; shipments, 100. There were but few on sale and the market was strong at last week's close. Fancy exports Good to choice exports Medium to good shippers Common to fair shippers Feeders, fair to good Stockers, common to good Good to choice heifers Fair to medium heifers Common thin bel(er9 Good to choice cows.... Fair to medium cows Common old cows Veals, common to choice Bulls, common to medium Bulls, good to choice Milkers, good to choice Milkers, common to medium .... . $4.605.00 . 4.104.40 . 3.50 33.90 . 2.5033.25 . 2.7533.25 . 1.7532.50 . 2.7533.20 . 2.20 a 2.60 . 1.50 a 2.00 . 2.50 & 3.25 . 1.7532.25 . 1.003 1.C0 . 3.00 a 5.00 . 1.253 2.00 . 2.2533.25 .25 002 35.00 .12.00320.00 Hogs. Receipts. 3,300; shipments, 1,200. Quality fair. Market opened weak and 'lower; closed quiet. All sold. Heavy. $3.65 3 3.70 Mixed. 3.5033.60 Light. 3.403 3.55 Heavy roughs 2.7533.25 Sheep and Lambs. Market very quiet, as the advices from the East are not so good. Good to choice sheep $1.104.54) Fai? to medium sheep 3.6033.85 Com mom sheep 2.7533.35 Good to choice lambs 4.7535.50 Common to medium lambs 3.25 ? 4.50 Bucks, per head 2.00 34.0O Elsewhere. CINCINNATI. Jan. 12,-Cattle in good demand and strong. Common, $102; fair to choice butchers' grades. 2.2504.25; prime to choice shippers, $3.7504.50. Receiptc, 1.740; shipments, 100. Hogs slow. Common and light, $303.55;

vanla oil, spot Opening, 734c; highest, 734C; lowest, 734c; closing, 734C February optionsSales : opening. 73 Ha highest. 737ic; lowest.

Jtenruary, u.34c; warcn. y.47c; April, 9.61c; May, 9.73c; June. 9.81c; July, 9.90c; August, 9.00c; September, 9.71c; October, 9.58c.

packing and butchers'. $3.5003.75. Receipts. 8.100; shipments, 2,200. Sheep strong and in good demand. Common to choice, $2.7505; extra fat wethers and yearlings, $5.2305.75. Receipts, 250; shipments, lbO. Lambs in good, demand and firm. Common to choice butchers', $405.75; good to choice shipping, $5.2506. BUFFALO. Jan. 12. Cattle active, firm and higher. Receipts, 195 car-loads through and 170 car-loads for sale. Export steers, good to extra. $4.4505.10; choice heavy utchers, $3.8004.50; medium, $3.8504.35. Sheep and Lambs Receipts, 29 car-loads through and 80 car-loads for sale. There was a lair demand for top grades; slow on common; prices generally weak and lower. Sheep, choice to extra. $505.25. Lambs, choice to extra. $6.1006.40. Hogs Receipts 87 car-loads through and 230 car-loads for sale. Market slow and lower. Medium and heavy, $3.6503.80. NEW YORK, Jan. 12. Beeves Receipts, 4,864. including 68 cars for sale. Market lOo per 100 pounds lower. Native steers, $4.10 05.50; bulls and cows, $2.5004. Dressed beef steady at63408c Shipments tomorrow, 206 beeves. Calves Receipts, 371. Market steady. Veals, $508; Western calves, $5003.75. Sheep Receipts, 9,855. Market 4C lower. Sheep, $405.75; lambs, $607. Dressed mutton steady at 71209c; dressed lambs weak at901O-2C Hogs Receipts, 13,011, consigned direct. Nominally steady at $3.0004.25. CHICAGO. Jan. 12. The Evening Journal reports: Cattle Receipts, 22,000; shipments, 4,000. The market was slow and lower. Steers. $3.2505.25; stockers, $203.50; butchers' stock, $1.2503.50. Hogs Receipts. 57,000; shipments, 6.000. The market was lower. Common and light mixed, $3.3503.45: fair to good, mixed, $3.50 03.55; prime beavv and butcher weights, $3.6003.65; light. $3.5003.00. Sheep Receipts, 9.000; shipments. S.000. The market was active and steady. Natives, $405.15; Westerns, $4.4005; no Texans on sale; lambs. $5.500 6.3a EAST LIBERTY, Jan. 12. Cattle Receipts, 2,961; shipments, 922. The market was slow at about last week's prices Fifteen car-loads of cattle shipped to New York to-day. Hogs Receipts, 7,350; shipments, 3,600. The market was fair; Philadelphias, $3,800 3.85; mixed. i3.7O03.75; heavy Yorkers, $3.6003.65; light Yorkers, $3.4003.50; pigs. $2.7503.25. Fourteen car-loads of hogs shipped to New York to-day. Sheep Receipts, 4,300; shipments, 1.900. Market slow and quiet, and 15c off from last week. LOUISVILLE.Jan.12. Cattle Receipts, 1,100. Market fairly active. Good to extra shipping, $404.20; light shipping, $3.5003.70; bulls, $202.25; light stockers, $202.25; feeders, $2.7508.25; best butchers, $303.55; thin, rough steers, poor cows and scalawags, $101.50. Hogs Receipts, 999. Market active and higher; all sold. Choice packing and butchers. $3.6503.70; fair to good butchers, $3.6003.63. Sheep and Lambs Receipts light. ' Market active and steady. Fair to good shipping, $4.25; common lambs, $3.7505.20.. ST. LOUIS, Jan. 12. Cattle Receipts, 1,400; shipments, 100. Market lower. Good to fancy native steers. $4.4005; fair to good native steers, $3.7004.50; stocker3 and feeders, $203.10: Texas and Indian steers. $2.2003.40. Hogs Receipts, 5,800; shipments, 3,900. Market lowe Fair to choice heavv. $3.50 03.60; mixed grades, $3.1003.45; light, fair to best. $3.2003.40. Sheep Receipts. 200; shipments, none. Market steady. Good to choice. $4.2005.30. KANSAS CITY, Jan. 12. Cattle Receipts, 3,770; shipments, 2,720. Market weak to 15c lower. Steers, $404.90; cows. $1,700 3.50; stockers and feeders, $2.2503.50. Pegs Receipts. 7,830; shipments. 1,370. The market was 5010c lower. Bulk, $3.35 03.50; all grades, $303.65. '. Sheep Receipts, 1,287; shipments, 74a The market was steady and unchanged. INDIANAPOLIS MARKETS.

Trade Opens Active, with Prices Firm all Along the LI tie. INDIANAPOLIS. Jan. 12. Inquiry among the wholesale houses 6howed that tbe vol- ; ume of trade thus far this year bad rather exceeded expectations, and is daily improving; and," with this, the bills of last year have been very well cleaned up, and the wholesale men are getting to a place where they can tell what the profits and losses of 1890 were, and it is certain that fewer bad bills wore made last year than in 18S9. In prices to-day there were few changes. Poultry is steady, at quotations. Receipts are light, and so is the Eastern demand. Receipts of both butter and eggs are more liberal the last ten days, but prices have not weakened, so good is the demand. In groceries steady prices are noticeable. The weaker tone to the sugar market of last week bas passed off, and the coffee market seems to strengthen in its position. The dry-goods men report trade very satisfactory. While more is doing jnst now in replenishing broken stocks, tome of the mer chants are already making selections of spring goods, that they may have large stocks to select from. Tbe bide market is moving along in much the same rut as for several days past. The pro visiou market is a little slow, with prices ruling easy. GRAIN. -It was a dull day in the local market, prices on all cereals ruling at the following range, track bids: Wheat No. 2 red. 95i2C; No. S red, 92c rejected, 750 85c: unmerchantable, 65070c. Corn No. 1 white, 50c bid; No. 2 white. 49!2C; 'white mixed, 4940; No. 3 white. 4U1ic; No. 2 yellow, 48-c; No. 3 yellow, 48c: No. 2 mixed, 48c; No. 3 mixed, 47sc; sound ear, 48jc. ' Oats No. 2 white, 47c; No. 8 white, 45c; No. 2 mixed, 45c; rejected, 42c; unmerchantable, 40c. Bran Local dealers are bidding $18.50. Hay Timothy, choice, $10.50; No. 1, $10.25; No. 2, $8.25; No. 1 prairie. $6.75; No. 2; prairie. $5; mixed hay, $606.50. rnopucK. Poultry Hens. 7o 4 lb; young chickens, 7c lb; cocks, 3c lb; turkeys, choice fat hens, 9c: choice young turkeys, 8c: old toms, 5c; poor, small turkeys, 406c: ducks, fat, b'hc; geese, choice full-feathered, $4.80 05.40 doz. Eggs Shippers paying 18c; selling from store at 21022c. Rabbits, 25c doz. Butter Creamery, choice, 22023c; fair, 18 020c: choice country, roll, 10011c; common. 608c Feathers Prime geese, 85c lb; mixed duck. 20c lb. Beedwax Dark, 18c; yellow, 20c Sheepskins 4Oc08L Horse Hides $2. Grease White. 334c; yellow. 8c; brown. 2Lc. Tallow No. 1, 414c; No. 2, 334C Wool Tub-washed and picked, S5c; unwashed medium and common grades, if in good order, 22025c; hurry and cotted; 160 18c; fleeced-washed, if light and in good order, 28030c; hurry and uumerchanable, according to their value. Hides No. 1 G. S. hides. 50514C; No. 2 G. S. hides, 44c; No. 1 green, 4c; No. 2 green, 3c . , Indianapolis Jobbing Trade. The qitotations given below are the selling prices of wholesale dealers. CANNED GOOD. Peaches Standard 3-pound. $2.7503.00; 3-pound seconds. $2.6502.75. Miscellaneous Blackberries. 2-ponnd, $1.100 1.20; raspberries, 2-pound. $1.2001.30; pineapple, stand ard, 2-pound, $1.4002.50; seconds, 2-pound, $l.i'O01.25; cove oysters.l-pound, full weight, $1.1501.20; light. 800 85c; 2-pound, full, $2.15 02.25; light, $1.20 string beans. 85095c; Lima beans, $1.2001.30; peas, marrowfat, $1.2)01.40; small, $1.5001.75; lobsters. $1.85 02; red cherries, 95c0$l.lO; strawberries, $1.2001.30: salmon (lbs), $1.9002.50. COAL AND CUKE. Anthracite coal, stove size. $7 ton; egg and grate size. $6.75. Pittsburg and Raymond City, $1.50 ton; Jacksou, $4; block. $3.50; Island City, $3.25; Blossburg and Indiana Cannel. $5. All nut coals 50 cen ts below above quotations. Coke Connellsville. $3.75 load; crushed, $3 4? load; lump, 2.75 load. DRUGS. Alcohol. $2.2502.35; assafcetida, 15020c; alum, 405c; champhor, 50055c; cochineal, 50055c; chloroform, 00005c; copperaa, brls, fc5c0$l; cream tartar, pure, SO035c; indigo, K)2 81c: licorice. Calab., genuine, 30045c; magnesia, curb., 2-oz, 25035c; morphine, P. & W., i oz. $2.fc5: madder, 12014c; oil. castor, p gal. $1.2001.25; oil. bergamot, 4 lb, 3.750 .; opium. $3.25; quinine, P. !k W., 02, 39044c: balsam copaiba. 70075c; soap, Castile, Fr., 12016c; soda, bicarb., 42 Ce; salts, Epsom, 405c; sulphur. Hour, 4

6c; saltpeter, 8020c: turpentine. 4648c: glycerine, 22026c; iodide potass., $2.8503; bromide not as.. 40042c: chlorate potash.

25c; borax. 13015c; cincbouidia. 12015c; carbolic aoid, 45050c Oils Linseed oil. raw. 53056o gal; coal oil. legal test, 94014c; bank. 40c; best straits. 60c; Labrador. 60c; West Virginia lubricating. 20030c; miners'. 65c Lard oils. No. 1, 50055c: do., extra, 65070c White Lead Pure. 734C FllUITS AND VEGETABLES. Apples Choice. $505.50 brl; medium, $3-25. Celery Common, 2O025o per bunch; choice, 45050c. Cranberries $11.25012.50 brL onions Common. $3.5004 brL Spanish onions. $1.2501.50 p crate Cabbage $1.5"02 brL Potatoes $3.2503.50 brl from car, $1.1001.15 bu. 8weet Potatoes Jerseys, $4.4004.50; Baltimore. $303.25 brL foreign fruits Bananas, $1.2502.25 bunch. LemonsMessina, choice. $3.504 box; fancy, $5. Oranges Lou i si an as, $3.2503.50 t box: Floridas, $3.250H.5J & brL Figs, 12 014o. Prunes Turkish, 7208c DRY GOODS. Bleached Sheetings Blackstone AA, 734c; Ballon & Son, 7--2C; Chestnut Hill, 6c; Cabot 4-4.7--2C; Chapman X, 62c; Dwight Star S, 9c; Fruit of the Loom. 9c; Lonsdale. 834c;Linwood.8c;Masonville,8s4C;NewYork: Mills. 1034C; Our Own, 534c; Pepperell 9-4. 22c; Pepperell 10-4. 24c; Hills, 8c: Hope, 734C; Knight's Cambric, 8c; Lonsdale Cambric, 10-2C; Whitinsville. 33-inch, 62c; Wamsutta. 1034C Brown Sheetings Atlantio A, 740; Boott C, 6c; Agawam F, 5Lc; Bedford R, 5c; Augusta, 5-oc; Boott AL. 7c; Continental C, 634c; Dwight Star, 8c: Echo Lake, 62c; Graniteville EE. O: Lawrence LL, 534c; Pepperell E, 74c; Pepperell R, 6I2C; Pepperell 9-4, 20c; Pepperell 10-4, 22c; Utica 9-4, 222C: Utica 10-4. 2fi2C; Utica C, 42C Grain Bags American, $17; Atlantic, $18; Franklin vi lie, $18.50; Lewistown, $17.50; Cumberland, $17: Grocers. $18.50; Harmony, $17; Ontario, $16.50; Stark A, 821. Prints American fancy, 6c; Allen'a fancy, 60; Allen's dark. 5Lc; Allen's pink, 6c; Arnold's, 6c; Berlin solid colors. 5c; Cocheco, &ha Conestoga, 6c; Dunnell's, 6c; Eddystone, 6c; Hartel, 6c; Harmony, 434c; Hamilton, 6c; Greenwich, 5c; Knickerbocker, 52c; Mallory pink, 6sc; prices on dress styles irregular; depends on pattern. Ginghams Amoskeag, 7c; Bates. Cc; Gloucester. 6I4C; Glasgow, 6c: Lancaster, 7c Ranelman's, 7-c; Renfrew Madras, 8He; Cumberland, 6c; White, e-cjBookf old, 9V3c; Prime Cambrics Manvlile, 6c; S. S. & Son. 6c; Masonville. 6c; Garner, 6c Tickings Amoskeag ACA, 12-2c; Conestoga BF, 14--2C: Conestoga extra, 130; Conestoga Gold Medal, lSc; Conestoga CCA, 12c; Conestoga AA, 10c; Conestoga X 9c; Pearl River. 12c; Falls OBO. 32-inch, 12io; Methuen AA, 12-c; Oakland A, 620; Swift River. 6sc; York, 32-inch, 12-c; York, 80-inch, 10-2C GROCERIES. Sugars Hard, 6084: confectioners' A 6i06:5-c; off A, 606f,c; coffee A, 5-K06c; white extra C, 5340578c; extra C, 55g0534c: good yellows, 5!o0558c: fair yellows, 50 5f2c; commonyellows, 5l054C Coffees Good, 22-223-i2c; prime, 2312'3 24ic; strictly prime to choice. 24L0252c; fancy green and yellow, 26027c; old government Java, S5086c; ordinary Java, 30-4 031 14c; imitation Java, 2834029c Roasted coffees, 1 lb packages. 2l3-ie; Banner. 2434C; Lion. 2434c: Gates's Blended Java, 2134c; Arbuckle's,2434C. Beans Choice hand-picked navy, $2,500 2.55 bu; medium hand-picked, $2.5002.55. Molasses and Syrups New Orleans molasses, fair to prime. 35045c: choice. 450 65c. Syrups, 30038c. Spices Pepper. 19020c; allspice. 12015c: cloves, 260SOc; cassia, 10012c; nutmegs, 80' 085c 4? lb. Wrapping-paper Light-weight straw.. $2340S to light-weight rag. 23403c lb heavy-weight straw, 1340 2c i lb: heavyweight rag, 23408c lb: Manila. No. 1. 80 9c; No, 2, 5L206oc: print paper, No.l, 607c; No. 8, S. & C, 10011c; No. 2, S. fc S., 809c; No. 1. S. & C, 71408c. Rice Louisiana. 6072C Salt In car lota, 95c; small lota. $101.05. Fi.nTTR Sack No. 1 drab. V brl. $S3 i 1,000; Ljbrl, $17; lighter weights Si 1,000 Shot $1.5001.55 bag for drop. Lead 7074C for pressed bars. Wooden Dishes Per 100,1 lb, 20c; 2 lbs, 25c: 3 rfea. 80c- 5 tba. 40c.' Twine Hemn. 120180 Ib: wooL 8010c; flax, 20080c; paper, 18c; jute, 12015c; cotton. lfi225r' Wooden-ware No. 1 tubs. $707.25; No. 2 tubs. $606.25; No. 8 tubs, $'05.25; 3-hoop Sails. $1.7001.75; 2-hoop pails, $i.u 'w i.o; onble washboards. $2.2502.75: common washboards, $1.5001.85; clothes-pins, 609 85c V box. v IRON AND STEEI . Bar iron (rates). L9O02c; horsesnoe bar. 8c; nail rod, 6c; plow-slabs, 8c; American cast steel, 9c; tire steel, 8c; spring steel, oc. LEATHER. Leather Oak sole. 28034c: hemlock sole. 24030c: harness. 26033c: skirting. 320 34c: black bridle. 4 doz.. ?6O0 65: fair bridle. $60078 . doz.; city kip, 65085c; French kip, 8dc0$i.io; city caii-skins, 'wjuc; French calf-skins, $101.00. NAILS AND HORSESHOES. Steel cut nails. $2.25: wire nails. $2.55. rates; horseshoes, keg, $4.25; mule-shoes. keg, $5.25; horse nails, $405. OIL CAKE. Oil cake, $23 ton: oil meal, $23. TINNERS' SUPPLIES. Bestbrand charcoal tin. 1C. 10x14. 14x20, 12x12. $7.50; IX. 10x14. 14x20, and 12x12, $8.9509.00: IC.14x20, roofing tin. $5.7506; 1 C, 20x28, $11.50012.50; block tin, in pigs, 26c; in bars. 28c Iron 27 B iron. 3c; O iron, 5c; galvanized, 50 and 10 to 60 per cent, disi UUUU iJUCUb i.lUVf I -V VU;'vi vv iiot 80c Planished copper. S6c. Solder, 17018c provisions. Jobbing Prices Smoked meats Sugar cured hams. 20 lbs average. 9c; 17 ? lbs average. 9-4c: 15 lbs average. 92c; 12 lbs average. 10c: 10 lbs average. IOL2C; boneless ham. 102c; California hams, 10 to 14 lbs av erage. 64c: English-cured breakfast bacon. clear, 9c; English-cured shoulders, 12 lbs average. 6c; 15 lbs average, 6c; sugarcured, 10 to 12 lbs average. 6c; beef tongues. 40c each. Bacon Clear sides, 25 lbs average, Oc; 45 lbs average, 634c; clear bellies. 12 lbs average. 7c: 18 lbs average. 6i;c: clear backs. 8 lbs average. f34C; 16 Tfis average, 7-4C; 11 itches, short backs, 9 lbs average, 6c Dry-salted and pickled meats Clear sides, clear bellies and clear backs. Inn I,,, than ninlrotrl. a hnrt fat liflrc fLi beanpork.clear.p brl'.2001bs. $13.50; ham and rump pork, 4j? brl. 200 lbs, ?11; alsohalt barrels. 100 lbs, at half the price of the barrel. adding 50c to cover additional cost of pa age Lard Pure kettle-rendered, in tierc 7i.ic; in tubs, 55 lbs net, at same price . tierces; 50-tb cans in single cases, 77gc; .V lb cans in 100-lb cases, 77c; 20-lb cans in 80tb cases, 8c; 10-lb cans in 60-lb cases, 84c; 5-lb caus in 60-lb cases, SSgc; 8-lb cans in 60lb cases, 8-2C Pork Dressed hogs, 6c; loins, fat trimmed off", 10 to 18 lbs average, Cic; over 18 lbs average, 6I4C; tenderloins, I2c; spare ribs, 5c; trimmings, 5c Sansage Link, 634c; bulk. 20-lb pails, 6-2C; Bologna, in cloth, 52c; in skins, 6c Dried beef, 9c BEEDb.1 Clover Extra choice re-cleaned. 60 lb bu. $4.5004.75; choice, $4.3504.50; prime, $4,100 4.25; English, choice. $4.3004.50: Alsike, as to quality. $4.5006.25; Alfalfa, $5,250 6.00; white Dutch, as to quality, $4,500 6.25. Timothy, fancy, 45 lb bu, $1.6001.70; choice. $1.5501.60; strictly prime. $1.5001.55. Blue-grass, fancy Kentucky, 14 Tb bu. $3.00 03.25; English, choice. 24 lb bu. $1.8501.95. Orchard Grass, choice. 14 Ib bu. $1.8502. Italian Rye Grass, choice, 18 lb bu. $1,500 L75. Red Top. choice. 14 lb bu. 65c07Oc Odds and Ends. Shoemaker says that for the itching of the skin, so commonly met with in eczema, there is nothing that affords such prompt and effective relief at a mixture of equal parts of glycerine and lime-water. This may h applied to the skin as often as necessary. Scrubbing brushes should be kept with the bristles down and they will last twice as long. Common sense willlell you if yon stand them the other way the water will ruu down and soak into the back, loosening tho bristles, whether they be glued or wired. In rocnrling tips it is much better to use a smooth whale-bone than knife or scissors. Begin at the base of the Hues and draw firmly but tightly between the thumb and whalebone. If they curl too closely begin further from the quill and hold more loosely. Fannie Field, in Farming World, eays that if tho eggs as they aro gathered are rubbed with good fresh salt butter, and then placed in a jar with the thick end downward, and covered with salt, it is the best way to preserve them. They dare not touch each other. When the jar is full an inch of salt is put ou the top. Two inches of salt is put in the bottom and covered with thick paper. They will last six months. .

Is not an experiment ; it has been tested, and its enormous sale is due solely to its merit. It is made on honor, ana pood housekeepers sav SANTA CLAUS SOAP "is a necessity.0 Don't let ycur dealer give you some other kind, if he hasn't Santa Claus, but insist on having only SANTA CLAUS SOAP. U. K. FAIRB ANK & CO.. Mfrs.. Chlcaro. 111. Security the first Honglt Profit AkwirJs. THE MERCHANTS NATIONAL BANK, OF FORT WORTH. TEXAS, as Registrars anl transfer agenta offer at par, paya ble ou per cent, on application. j per cent in t i and balance in 90 days, the entire issue of $2ik).000 7 yet cent, preferred cumulative dividend tock of tne Fort Worth Security and Construction Co., of FORT WORTH. TEXAS. whoso capital of $500,000 Is divided Into f 200.000 7 per cent, preferred cumu ativodi video 1 stoekf 300.. OOO 6 per cent, common fctoc. The entiro issue conw luoii stock having been taken bj cuizzxs or If out WOBTU, AT PAH. HOW DIVIDENDS WILL BE PAID. ble. mostly Inside, real estate, owns in the city of Fort Worth. Texan, the two enest commercial uuild.na south of t-t. Louis, in the United Mates, known asUie Hurley Ottleo buildinir and the Martin-Hrowu Whole. sale Dry Oooda bnlldiuir. lor which tberharce f ir rentals is $30.Ji8 unmialiy. it has been agreed by the directors to set aside $14.0 X from these rental, w inch can be applied ou It to the 7 per cent, dlvatemlon the f JWj.wo; ani inrther, that sucn pren rrea storic shall lirst be paid In full out of the assets of said corporation npon the dissolution thereof, hofore the couunoa stcM X st.au d euutic-i 10 snare in nucna?. sets. And It is farther agreed that after the i nfer, red stock has been paid its 7 per cent. llritleini that from net earnings the common stock is to receive G Eer cent., and liom the balance of profits a dividend e paid on each the preferred and common of 3 per crnt thus making the preferred a 10 per cent, and the common a v per ceat. stock. All earnings above sufficient to pay the above dividends, -which will v UU1UUUI W T- ,UW l"rl uiiuuui, 19 tAt ur 1 inu m Bill. ilus account for a Period of five years, aud at the ex piratlon of that time tho directors may divide it among the atocAJioiaers oz recora as lucy may ueem proper. It is expected that from the increased capital of f 200,000 now ofiered. the corporatlwn can earn from $160,000 to $200,000 per aunuin. as it w HI place the company in a position to handle all bnsinrs tffered to a minimum 01 irom l.ooo.uoo to i,jw,uuy wviia. of construction annually. OBJECTS OF THE COMPANY. The Fort Worth Security and construction Com pany, of Fort Worth, Texas, 1 duly in corpo rated under the lawa of the fetate ot lexav for the purpose of the erection of buildinKS and tiie accumulation and loan ot funds fur the purchase of real property in cities, towns and Tillages, and also for the accumulation and loan of money. HISTORY4 OF THE COMPANY. The Fort Worth Security and Construction Com. panyof Jr ort Worth, Teias, is an outgrowth oi and succeeaeu tne tori ortn ixan ana tonaimcuoa Company, December 31. 1890, which was the most successful corporation of its km I In the southwest having, on a capital of $100, ouo, earned Sl.'S.OOO net Inside of two years, it organized with $100,000 cap. ital in February, in 18SU, lncreasinR same from earnings alone to $200,000 in April. 190, and In Decem ber, lbiH). shows additional surplus on conservative valuations of $12f,0t)0. It is to push this business to greater proportions that the $200,000 prelerrod stock is now offered. The phenomenal net earnings of this corporation shows why conservative investors demanding aured dividends aretuming from RAILWAY TO INDUSTRIAL SECUBITIEa Its capital invested mostly In lniide improved property, which is constantly increasing In value, forms a permanent security lor its fidelity, and for controlling the sale of the best securities In the State. As its otflcers are. among its largest stockholders Its affairs will receive their undivided attention. It Is not often that an investment, bearing such a high rate of dividend, coupled with absolute safety, la of. lered to the public. ITS GENERAL BUSINESS. In addition to Its construction department It trans, acta a general financial business. It deals in Texas securities for Investors trust, fund and institutions; lumishes information and makes expert reports on the property of individuals, railway or other corpora, tlons, and pays taxes for non-residents. EXAMINATION A5D GUARANTEE OF TITLES Titles to Texas real estate and mortgages thor. oughly examined and Insured, the charge of which will be made known before work Is begun. The option is reserved to subscribers to pay in full on application, or on the date of any installment. Interest at the rate of 7 per cent, per annum will be Mliowed on such prepayments. For further particulars address the MERCHANTS' NATIONAL J1ANK or Til F. FOHT WOIiril SP CU HIT Y fc CONSTRUCTION CO..Fort Worth, Tex. BUSINESS DIRECTORY. A rFT7TATC E. C. tft CO.. Manufacturers and. A llvlIN O Repairer of CIRCULAR. CROSSOUT. BAND, and all other SAWS Belting. Emery Wheels and Mill supplies. Illinois street, one square south Union Station. . SAWS BELTING and EMERY WHEELS, Specialties of W. B. Barry Saw & Supply Co., 132 & 131 8. Fenn. St. All kinds of Saws repaired. "W". SCOTT MOOEE ARCHITECT. Rooms 16 and 17 Blackford Blook. southeast corner Washington and Meridian streets. Telephone 1308. SMITH'S DYE WORKS 67 NORTH PENNSYLVANIA ST. Gents' clothing cleaned, dyed and repaired. Ladles' dresses cleaned and dyed. Seimans k Benedict, liliMIiNCTl'OiN STANDARD TYPEWRITERS. INDIANAPOLIS HOUSE: 34 East Market street. J. R. RYAN & CO., Commission Merchants, Wholesale Dealers la Grain, Flour, Food, liar, etc, 02 and C4 E&ifi Maryland et. WM. W. KNAPP, A. B S T RAC T S, NO. 8 BALDWIN BLOCK. S. F. GALLOWAY, Is the Leading Shipper of Raw Furs in Indiana. Writ for Trice, List, NO. 200 SOUTH PENNSYLVANIA ST. GEO. J. MAYKU, SEALS, STENCILS, STAMPS, ETC. 15 South Meridian street, Indianapolis, Ind. Send or catalogue. 1 EFFERSON VILLE. IND.. January 8. 1F3L 1 Sealed projmnals, in triplicate, subiect to usual conditions, will to received here until 11 o'clock a. nx. (central standard time), Saturday, the 7th day of Februarj'. 1 yl. for turnishlng. at the Q. M. DiKt here. luo.OOO gallons of Mineral Oil of 13S fUsu test, in cases ot two tive-gallon cans each. I'refert-nca will be given to articles of domestic production and manufacture, conditions of quality and price (including in the price of foreign productions and manufactures the duty thereon) being equal, and such 1 ref-r. ence will be given to articles of American production prKluced on the Pacific cat totheexient of the consumption re;uirtt by the public arvio thert OoTemment reserves the right to reject any or au proposals, and to accept the whole or anj portion ot tne mineral ou iia ror. ah iniormaiion iurni-:iu U ma ror. All iniormaiion rurni-nu 011 here. KnveiojHis coutuluiug projoals irked Ml,rotoals fur Mineral Oil," and J1ENHY d llODOKH, Assistant Quarapplication here, should he marked addressed to HEN termaster geueral. U. 8. Array, Deio Quart erraasu-r. THE SUNDAY JOURNAL Will be sent to any address Tor S3 PER ANNUM.

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