Indianapolis Journal, Indianapolis, Marion County, 6 December 1897 — Page 7

THE L. A. KINSEY CO. INCORPORATED. CAPITAL, FULL PAITD. —into KICKS— Cticafo Grain and Provisions New York Stocks. Latic Distance Telephone. 1373 and lMi 31 am 13 West Pearl street Cincinnati Office. Rooms 4 aim a. Kankakee b'li'.’r MONEY MARKET PUZZLE —a lIIG EXPANSION IN LOANS AND DEPOSITS PILING I P RAPIDLY. + Intllllerrnt Trade In Stocks, with a Number f Shares Scoring (inins —Local Markets Strong:. a At New York, Saturday, money on call was nominally 1%©2 per cent. Prime mercantile paper, 3(&4 per cent. Sterling exchange was easy, with actual bu -mess in bankers’ bills at $4.85% for demand and at $4.83 for sixty days; posted rates, $4.84 and $4.87; commercial bills, $4.82%. Bar silver, 59%c; Mexican dollars, 46%c; silver certificates, At London bar silver closed steady at 27 9-16d per ounce. The exports of specie from the port of New Y’ork during the week amounted to $21,901 in gold, and $943,836 In silver. The Imports were: Gold, $63,683; silver, $95,389; dry goods, $1,206,090; general merchandise, $7,428,507. Total sales of stocks Saturday were 50,800 shares, including the following: Chicago, Burlington & Quincy, 6,101; Manhattan, 7,009; Missouri Pacific, 3,160; Northern Pacific preferred, 4,600; Rock Island, 3,563; St. Paul, 7,055; Bay State Gas, 3,125; Chicago Great Western. 11.860; Sugar, 76,371. The New York weekly bank statement shows the following changes: Surplus reserve, decrease $437,975 Leans, increase 3,476,500 Specie, increase 339,00 u Legal tenders, inqrease 827,000 Deposits, increase 6,417,100 Circulation, decrease 93,100 The banks now hold $22,122,950 in excess of the requirement of the 25 per cent, ruljj. The increase in cash was not sufficient to cover the increased requirements of the legal reserve caused by the heavy increase in deposits, and the consequence is still further decline In the surplus “reserve. There has been nothing in the general requirements of the money market during the week to account for the expansion of $3,476,500 in the loans, and it is probably due to borrowing on exchange. This is a part of the somewhat complicated operation, the simple result of which is to leave at interest abroad the money which has accumulated there on credit instead of drawing on It by exchange bills. It js estimated that over $10,000,000 of foreign exchange has been ullowed to accumulate in this city during the week, and that the fact that prices of exchange not been materially lowered shows that it is withheld and the money loaned abroad. There is a continuance also of Investment buying of long exchange in anticipation of the usual return movement of trade after the first of the year. Although the imports of general merchandise at this port for the week show a sharp falling off, the receipts at the custom house indicate a growth of the import movement during November which buyers of long exchange expect wilt increase still further as the stocks are worked off which were imported in anticipation cf the tariff law. Unless the import movement of general merchandise shall become very heavy in the next few months long exchange must prove a poor investment in view of the enormous outgo of merchandise of the last few months. The New York Financier of Saturday said: “The enormous balances which the New York banks have been accumulating for the Past few months are shown in the clearinghouse statement for the week. Loans ire now within $2,300,000 of the six hundred million mark, and deposits are $668,278,600, which is one-third the total dividend deposits reported by the 3,610 national banks in the United States on Oct. 5 last. The rapid increases made by the banks since May last will be understood better when it is stated that the gain in deposits since that time has been $: 0,000.000, and in loans more than $89,000,000. Comparative figu r es show that fifty millions of these increased deposits and forty millions of the loans have been n.ade by one bank, which holds at the present time over $91,000,000 of net deposits. The statement of the banks for the week is favorable. Loans show a continued increase, the expansion having been distributed among a larger number of institutions than has been the case for some time past. The number of banks clearing through the clearing house lias been decreased, one through the absorption of the United States National by the Western National, and the decrease of $2,218,300 in the loans and $3,575,000 in the deposits of the latter institution reflects this consolidation. INCREASED DEPOSITS. “The increase of deposits for the week is due In great part to special causes, one bank alone reporting an expansion in this item of $6,843,000, which is larger than the combined changes of all the other banks. This due to circumstances connected with the Union Pacific settlements. Five banks gained In deposits nearly thirteen millions, from which it is to be inferred that the deposits of the other fifty-nine banks in the clearing house are about $6 - 000,000 less than at the end of the previous week. The gain in cash, according to the statement was $1,166,300, but this, too seems involved in special transactions. It is known that the banks received from the interior more than two millions in excess of shipments, but since one bank alone increased its cash $5,800,0ti0 and the gains made bv three amounted to $8,500,000, it follows that the large majority of the banks has decreased reserves. The statement, taken U3 a whole, proves the banks to be in strong condition. The linger institutions are buying sterling bills, and as the Union Pacific deal has been announced without the first suggestion of disturbance, the outlook is for cheap money for some time to come.” Saturday’s New York stock market was left almost entirely to the room traders and they seemed disposed to depress prices during the early part of the session by short sales. Their effort met with little response and they covered before the close, bringing prices in most cases slightly above Friday’s close. The movement of prices was, however. trivial throughout the day, except in a few special cases. Manhattan reflected the anxiety of those who had bought Friday under the mistaken impression that the underground rapid-transit plan had been declared unconstitutional. Heavy offerings at the opening sold the stock down a point, the lowest of the day. The close was near the low point after a full recovery in the meantime. All sorts of rumors were afloat regarding the stock and the dealings in it weie at times quite feverish. Sugar was traded in for the most part at a level below Friday’s close, the supply of stocks being apparently large on any advance. Chicago Great Western showed a degree of strength on account of its large percentage of increase of earnings for the fourth week in November. Susquehanna & Western continued to rise in price and Delaware & Hudson of the coal group sympathized, but New Jersey Central and the Reading stocks, on the other hand, were heavy. The day’s news, so far as it was regarded, was favorable, statements of fourth week < arnings that were published showing large earnings and handsome increases. London advices during the week have reported a very heavy American demand in that market for high-grade American railload bonds. The same demand has existed In the New York market, with a very limited supply, which was largely furnished fiir foreign account as well as in London. This would indicate a further heavy transfer to this side of the water of the highestpriced railroad securities in sufficient volume to have quite an appreciable effect on the exchange balance. The activity of the bond market has been a feature Os the Stock Exchange all the week, and totul dealings In bonds on Thursday were of a par value of nearly $4.700 000. SPASMODIC STOCKB. The activity of the stock market has been spasmodic. The week opened with evidences of an awakened outside interest in the market, due to the sharp advances of Friday and Saturday previous. But the buyers of that period took occasion to realize on Monday and turned prices backwards again. Tuesday and Wesdnesday the bulia

loaded up again and prices slowly hardened. Thursday opened with great animation and rising prices, but while the animation continued the rise soon came to a stop, and soon prices were falling quickly and sharply. This second realizing movement by the powerful operators, whose resources enab.e them to manipulate the prices, threw the market Into semi-stagna-tion, from which it showed no sign of recovery cither Friday or Saturday. The reactions, however, did not wipe out all gains, and the week shows net gains between one and two points in the leading shares, and exceeding two points in some, notably Sugar (4%). Pennsylvania, Chicago Great Western, Missouri Pacific and Union Pacific. The rise of Tuesday and Wednesday was due primarily to the aggressive and confident buying of influential combined interests. But the factor which induced a large following was the favorable railroad statements. notably the October statements of Pennsylvania and Burlington, and the statements in gtneral of gross tamings for the fourth week of November and the announcement of the Rock Island refunding scheme and the sale of $52,<M>.000 of the refunding bohds. The free offerings of stocks on the advance shows the disposition to await the shaping of policies by Congress before buying securities to hold. The bond market has shown less hesitancy than stocks and prices have steadily advanced, though periods of lessened activity have accompanied the declines in prices of stocks. The supply of high-grade bonds has been unequal to the demand and the demand has overflowed to the low'-priced bonds, which show notable gains. Total sales, $15,500,000. United States bonds were strong. The new fours are % higher bid, the twos % higher bid and the old fours registered and the fives registered are Vi higher bid, the former ex. interest. The following tabie, prepared by L. W. Louis, Room 11, Board of Trade, shows the range of quotations: Open- High- Low- Closing. est. est. ing. Adams Express I s ® American Express US American Spirits JJ4 American Spirits pref 18% American Sugar 139 139% 138% 139% American Sugar pref 1 } 3% American Tobacco 83% 83% 83% 83% American Tobacco pref Atchison 13% Atchison pref 28% 28% 28% 25% Baltimore & Ohio 12 Canada Pacific £G% Central Pacific 11 Chesapeake & Ohio.. 22 22 22 22 Chicago & Alton' I*l C„ B. & Q . 96% 96% 96% 96% C. & E. I. pref 52% Chicago Gas 94% 94% 93% 94% C. C.. C. & St. 34 Chi., Ind. & Louis 9 Chi., Ind. & Louis, pref 29 Commercial Cable Cos Consolidated Gas 185% Cotton Oil g 2% Cotton Oil pref •••• 74% Delaware & Hudson 109% 109% 109% 109% D. L. & 150 Denver & Rio Grande 11 Denver & Rio Crande pref 4t> Erie 14% Erie first pref 36 Fort Wayne 170% General Electric 32% Great Northern pref 130 Hocking Valley 5% Illinois Central 102% Kansas & Texas pref 34% 34% 34% 34% Lake Erie & Western 16 Lake Erie & Western pref 68% Lake Shore I<3 Lead Trust •••• •••• 34 Louisville & Nashville 65% 60% u 4% 60% Manhattan 104% 104% 103% 104 Michigan Central ••• •••• 102% Missouri Pacific 31% 31% 31% 3P New Jersey Central 86% 86% 85 So% New York Central (..107 107 107 107 Northern Pacific •••• •••• 19 - Northern Pacific pref 36% 56% 56% uf>% Northwestern 122% 122% 122% 122% Pacific Mail 30 31 30 31 Pullman Palace •••• •••• l<-% Reading 21% 21% 21% 21% Rock Island 89% 89% 89% 89% St. Paul 93% 93% 93% 93% St. Paul pref •••• •••• 81% St. Paul & Omaha 78 <B% <8 ,78% St. Paul & Omaha pref HS Southern Pacific 20 y Tennessee Coal and 1r0n.... 25% 20% -4% 20% Texas Pacific 11% Union Pacific 20% IT. S. Express 40 U. S. Leather •••• •••• 7 IT. S. Leather pref 63 6u 63 63 U. S. Rubber 16% U. S. Rubber pref ®2% Wabash. St. L. & P •••• 7% Wabash. St. L. & P. pref. 18 18 18 18 Wells-Fargo Express •• • • •••• 1H Western Union 88% 89 88% 89 Wheeling & Lake Erie 2% Wheeling & Lake Erie pref 10 IT. S. Fours, 112% U. S. Fours, coup 114 U. S. Fours, new, reg 128% U. S. Fours, new, coup 128% •Second assessment paid.

View* of Henry Clew*. Concerning the financial and business situation and prospects, Banker Clews, of New York, says: “As the opening of Congress nears it becomes more evident that we are likely to have a businesslike session, with the sensational factionaries held in restraint and with a preponderating regard for policies and measures calculated to encourage confidence among the business interests. Among the things which now are considered as assured arc the / support of the President’s pacific policy on the Cuban question; a fair chance for the adoption of a good bankruptcy law; an earnest attempt to effect some real improvements in the condition of the fcurrency, though possibly not all that some may desire, and an effort to afford some equitable adjustment of the railroad questions. The marked public neglect of the silver agitation also warrants the hope that that issue will influence congresssional action less than has been generally feared. The feeling in Washington among the arriving congressmen is very confident as to the abatement of the agitations raised by the Bryan campaign of last year and the increasing desire of legislators to deal with the pending large questions in a moderate and conciliatory spirit, and I venture to predict that this disposition will gain ground as the session advances. “These symptoms, coining to the surface at this moment, have an important bearing upon the tone of the financial markets, and have directly contributed to the revival of buying which has been apparent on the Stock Exchange during the past week. Ordinarily, December oj>ens with a postponement of buying operations, owing to the winding-up of accounts and liquidations incident to the close of the year. Now, however, the situation appears to be regarded as warranting a departure from that usage, and operators deem it safe to promote an advance preliminary to the rise of prices that usually results from the large dividend anu interest disbursesments made at the opening of the year. The result of this buying—a rise of one and a half to three points—in some measure sets at rest the fear entertained in some quarters that the very large amount of stocks marketed in September and October by large holders would prove a load very difficult to move in any attempted ’bull’ movement. The purchases have been double those of preceding weeks, and the rise in quotations proves that the demand exceeds the supply, and no haste is shown to realize on the already good profits. One of the inspiring aspects of the market is the appearance of large operators who have been cautiously standing aloof since their realizings of two' months ago. They appear to realize that, with so many assuring factors in sightsuch as the hopeful prospects of congressional action, the coming great abundance of money at this center, the promise of a booming spring trade and the probability of Congress making at least a hopeful beginning in currency reform—it will not be possible to hold prices at the recent semipanic level, and, therefore, the present situation affords a good opportunity for buying. We do not pretend to say how far this recovering tendency in prices may immediately run. Possibly the rise may halt until the President’s message and Secretary Gage’s report have been digested, after which a further advance may occur. But. in any case, it would appear that purchases at tho present range of prices will prove profitable. "The concessions now offered by Spain to the people of Cuba, conceding home government to the island, will doubtless t>4 recognized by members of Congress as sufficiently liberal to merit their acquiescence, and, inasmuch as this excellent result has been brought about through astute diplomacy by the administration, the inference is that the President and his Cabient are well satisfied with the liberal attitude now taken by the Spanish government. The plan proposed l’or the government of Cuba is. as a matter of fact, in many respects more liberal than that accorded to Canada or to any other of the British colonies, and it would appear, therefore, that there is no longer any justification on the parj. of the insurgents in continuing hostilities. A government such as is now proposed for Cuba, in the estimation of fair-minded people, is undoubtedly the best for them, for if an independent government were established on the island it would not be likely to prove permanent, as it would lack the necessary adhesive qualities, and certainly no one having the interests of this country' at heart would advocate the annexation of Cuba and making tho Cuban people American citizens. There has been much apprehesnion felt that the coming Congress might evince a spirit of ‘jingoism* similar to that of the last regular Congress. This should not now be seriously contemplated, as the release of the American prisoners, the humane treatment on the part of General B’anco of the Cuban people and the withdrawal of General Weyler since the last Congress is a revolutionary change all around, and one that cannot fail to be recognized as removing the sting from ’jingoism.’ “The people ought to be willing to leave the entire Cuban question to the administration for settlement, and have faith that til© best will be done for the Interests of

THE INDIANAPOLIS JOURNAL, MONDAY, DECEMBER 6. * 16(97.

all concerned in connection therewith. The true course, therefore, is for the people to pay as little attention as possible to floating rumors about what both the administration and the government of Spain are going to do or not going to do in this matter. President McKinley can be trusted to do the right thing at the right time, and if the situation is simply left to him and his Cabinet associates all will be well.” Saturday's Bank Clearing*. At Chicago—Clearings, $16,236,545. New York exchange, par. Foreign exchange: Posted rates, $4.84 and 54.87. At Memphis—Clearings, $550,310; balances, $127,095. At New York—Clearings, $157,459,176; balances, $9,225,787. At Boston —Clearings, $19,032,189: balances, $2,087,041. At Philadelphia—Clearings, $12,840,081; balances, $1,643,180. At Baltimore—Clearings, $2,803,092. At New Orleans —Clearings, $1,922,106. At St. Louis —Clearings, $4,103,270; balances, $379,005. •At Cincinnati —Clearings, $1,484,745. LOCAL GRAIN AND PRODUCE. The Month Opens with Good Trade Prospects and Steady Prices. On the wholesale streets the trade of the first four days of December has been very satisfactory in nearly all lines, especially with merchants who handle anything that comes in the line of holiday goods or articles which come into daily consumption in the grocery line. On Commission row one of the features of the situation is the steadiness of prices. Nearly every article coming into general use carries a very firm tone. Dry goods, while not advancing in their tendency, are very firm. In staple groceries the same remark is true. Leather, hide and provision markets are all active and fluctuations in values from week to -week but slight, advances rather than declines being the rule. Produce men are again quite busy. Fat- young turkeys readily bring B@B%c per lb, and chickens rule easy at 5c per lb. Good butter bungs our best quotations. On Commission row the last three days trade was more satisiactory, retail merchants having cleaned up tneir stock leu over from Thanasgiving week. Apples are high and very firm as quoted. Oranges are beginning to be In good supply and easier prices are indicated. It would lie din.cult to find any line of trade in which business does not exceed the corresponding period last year. Uhe local grain market is more active. Inspections of Friday exceeded one hundred cars, one of the best days of the season. Prices fluctuated slightlv from day to day. All cereals were firm yesterday at the following range of prices on track, as reported by the secretary of the Board of Trade: Wheat—No. 2 red, 91%c; No. 3 red, 57%@88%c; December. 91%c; wagon wheat, 92c. Corn—No. 1 white, 26%c; No. 2 white. 2C%c; No. 3 white, 26%c; No. 4 white, 23%c; No. 2 white mixed. 24'., 0; No. 3 white mixed, 24%c; No. 4 white mixed. 21 Dc: No. 2 yellow, 24%c; No. 3 yellow, 24%c; No. 4 yellow, 21%c; No. 2 mixed, 24%0; No. 3 mixed, 24%c; No. 4 mixed, 21%e; ear corn, 21c. Oats—No. 2 white. 24c: No. 3 w'hite, 22c; No. 2 mixed, 22c; No. 3 mixed, 21c. Hay—No. 1 timothy, [email protected]; No. 2 timothy, $6 ©6.30. Inspections: Wheat—No. 3 red. 1 car; rejected, 3 cars: total, 4 care. Corn—No. 3 white, 50 care; No. 3 white mixed, 1 car; No. 3 yellow', 1 car; No. 2 mixed, 1 car; No. 3 mixed, 17 cars; total, 70 cars. Oats —No. 2 mixed, 1 car; total, 1 car. Poultry uml Other Produce. (Prices paid by shippers.; Poultry—Hens, sc; springs, 5@5%c; cocks, 2%c; hen turkeys, 6c; toms, sc; young turkeys, s@s%c; ducks, 5%c; geese, 40c for full feathered; 30c for plucked. Butter—Country, choice, 10® 11c; mixed, 6@Sc. Eggs—Strictly fresh, 18c. Feathers—Prime geese, 3Cc per lb; prime duck, 10© JTc per lb. Beeswax —30c for yellow, 25c for dark. Honey—l3©lfic per lb. Wool—Medium, unwashed. 19®20c: tub-washed, 20©25c; burry and unmerchantable. 5c less. Game—Rabbits. 75c®$l; short-bill snipe, $1.50® 1.75 per doz; Mallard ducks, s4@s per doz; prairie chickens, $1.50(52 per doz. HIDES. TALLOW’. ETC. Green-salted Hides—No. 1,9 c; No. 2, 7%c; No. 1 calf, 10c; Nc. 2 calf. B%c. Grea.se—White, 2c; yellow. 2%c; brown. 2%c. Tallow—No. 1. 3c: No. 2. 2Vic. Bones—Dry. $12®13 per ton. THE JOBBING TRADE. (The quotations given below are the selling prices of the wholesale dealers.) Candies uml Nuts. Candies—Stick, 6@6%C per lb; common mixed. 6@6%c per lb; G. A. R. mixed, 6%c; Banner twist stick, 8c; cream mixed, 9c; old-time mixed, 7c. Nuts—Soft-shelled almonds, ll@13e; English walnuts, 12c; Brazil nuts, 10c; filberts, 11c; peanuts, roasted, 8c; mixed nuts, 10c. Canned Goods. Corn, 60c@5125. Peaches—Standard 3-lb, sßso@ 1.75; seconds, $1.20©1.30; 3-lb pie, 85@90e; California standard. $1.75@2; California seconds, $1.40 ©1.60. Miscellaneous —Blackberries. 2-lb, 6ori.ioc; raspberries. £-lb, 90@95c; pineapple, standard, 2-lb, sl.lo® 1.20; choice, [email protected]: cove oysters, 1-lb, full weights. 85© 95c; light, 60®65c: siring beans. 70@S0c; Lima beans, [email protected]: peas, marrowfats. 85c®$1.10; early June, 90c@$1.10; lobster*. sl.S6@2; red cherries, 90c© $1: strawberries, 90® 959, salmon, 1-lb, $1.10@2; 3-lb tomatoes, 95c@$l. Coal and Coke. The following are the prices on coal and coke as retailed in this market: Anthracite coal, $7 per ton; Pittsburg lump, $4; Brazil block, $3; Winifrede lump, $4; Jackson lump, $4; Greene county lump, $2.(5; Paragon lump, $2.75; Greene county nut, $3.00; Blossburg coal, $5; crushed coke, $3 per 20-bu; lump coke, $2.75; foundry coke, $6 per ton.

Drugs. Alcohol, [email protected]; asafetida. 25@30c; alum, 2% ®4c; camphor, 46© 48c: cochineal, 60@55e; chloroform, 65®7C0; copperas, bris, 6u©6sc; cream tartar, pure, 33®38c; indigo. 65®S0c. licorice, La lab, genuine, 30@40c; magnesia, earb., 2-oz, 2u@3oc; morphine, P. Ac W., per oz, [email protected]; madder, 14 ®l6c; oil, castor, per gal, [email protected]; oil, mot, per lb, $2.75; opium, $3; quinine, P. & W., l>er oz, 37©42c; balsam copaiba, 50©00c; soap. Castile, Fr., 12®16c; soda, bicarb., 4%@6c; salts, Epsom, 4®sc; sulphur, flour, s©6c; saltiieter, B@l4c; turpentine. 34©38c; glycerine. 13%®15c; iodide potassium, $2.50®2.60; bromide potassium, 50@60c; chlorate potash, 20c; borax, 7@Bc; cinchonlda, -0® 25c • carbolic acid, 30@32c. , ... . Oils—Linseed, 36®31c per gal; coal oil, legal test. 7® 14c; bank. 40c; best straits. 50c; Labrador, 60c; West Virginia, lubricating, 2G@3oc; miners, 40c; lard oils, winter strained, in brls, 40c per gal; half bris, 3c per gal extra. Dry Goods. Bleached Sheettngs Androscoggin L, 6c; Berkley. No. 60, 7%c; Cabot, 5%c; Capitol, 4%c; Cumberland, 6c; Dwight Anchor. 6%c; Fruit of the Loom, 6%c; Farwe.., 6c; Fitchville, 5%c; Full Width. -%c: Gilt Edge, sc; Gilded Age. 4%c; Hill, 6c; Hope, 6c; Linwood, o%c; Lonsdale, 6%c; Peabody, 4%c; Pride of the West, 10%c; 'leu Strike, o%c; Pepperell, 9-4. 15c; Fepperell, "'-4, 16* c; Androscoggin, 9-4, 16%c; Androscoggin, 10-4, 18c. Brown Sheetings—Atlantic A. 5%c; Argyle, oc; Boo't C, 4%e; Buck’s Head, 5%c; Clifton CCC, ... ; Constitution. 40-inch, 6c; Carlisle, 40-inch, 7U.c, Dwight’s Star, 6%c; Great Falls E, 5%c; Great Falls J. 4%c; Hill Fine, 6%c; Indian Head, Sc; Pepperell R, 4%c; Pernerell, 10-4, 14c; Androscogein, 9-4, 15c: Androscoggin. 10-4. 16%c. Prints—Alien dress stvles, 4%c: Allen s staples, 4%c; Allen TR, 4%c; Allen’s robes, 4%c; American indigo. 4%c; Arnold LIU, 6%c; Cocheco fancy. 4%c; Cocheco madders, 4%c; Hamilton fancy, 4%e; Merrlmac pinks and purples 5%c; Pacific fancy, 4%c; Simpson’s fancy, 4%c; Simpson Berlin solids, 4%c; Simpson's oil finish. 6c; American shirting, 3%e; black white, 4c: grays, 4c. Ginghams—Amoskeag staples, 4%c; Amoskeag Persian dress, 6c; Bates Warwick dress. 5%c; Lancaster. 4%c; Lancaster Norniandies, be; Renfrew dress styles, 6c. Kid-finished Cambrics—Edwards, 3%c; Warren, 3c; Slater 3%c; Cenesee, 3%c. Grain Bags—Amoskeag, $13.50; American, $13.oO; Franklinville, sl4: Harmony, sl3; Stark, sl6. Tickings—Amoskeag ACA, 9%c: Conestoga BF, 12%o; Cordis, 140, 9%c; Cordis FT, 9%e; Cordis ACE, 10c: Hamilton awnings, 9c; Kimono fancy, 17c; Lenox fanev, 18c; Muthuen AA. 10c; Oakland AF, 6c; Portsmouth. 10%c; Susquehanna, 12c. Shetueket SW, 6%c; Shetucket F. 7c; Swift River, sc. Flour. Straight grades, $4.75@5; fancy grades, $5.75@6; patent flour, $5.75©G; low grades, $2.2.>@0.20. Groceries. Sugars—City prices' Dominoes, 5.73 c: cut-loaf, S.BSc; crushed, s.sßc: powdered, 5.44 c; XXXX powdered, 5.50 c; granulated, 5.25 c; fine granulated. 5.25 c; extra fine granulated, 5.38 c; coarse granulated. 5.38 c; cubes, 5.38 c; mold A, 5.60 c; diamond A, 5.25 c; confectioners' A, 5.13 c; 1 Columbia A— Keystone A, 4.88 c; 2 Windsor A—American A, 4.88 c; 3 Ridgewood A —Centennial A, 4.88 c; 4 Phoenix A--California A, 4.81 c; 5 Empire A— Ftankiin B, 4.75 c; 6 Ideal Golden Ex. C—Keystone B. 4.69 c; 7 W indsor Ex. (’-American B. 4.63 c; 8 Ridgewood Ex. C—Centennial B, 4.50 c; 9 yellow E X C—California B. 4.44 c; 10 yellow C—Franklin Ex C 4.38 c: 11 yellow—Keystone Ex. C. 4.31 c; 12 yellow—American Ex. C. 4.25 c; 13 yellow—Centennial Ex. C. 4.19 c; 14 yellow—California Ex. C, 4.19 c; 15 yellow, 4.13 c; 16 yellow, 4.06 c. Coffee—Good, 13@14c: prime, 15®16c; strictly prime, 16®18e; fancy green and yellow, 18@22c; Java 28® 32c. Roasted—Old government Jsva. 32%®33c; Golden Rio. 24c; Bourbon Santos, 24c; Gilded Santos. 24c; prime Santos, 23c. Package coffee —citv prices—Ariosa, 10.90 c; Lion, 10.90 c; lots, 90®95c; small lots. 95e@$l. Spices—Pepiier, 10©18e: allspice. 10®15c; cloves, 15©"0c- cassia. 13©15c: nutmegs, 65®75c per lb. Molasses and Svrups—New Orleans molasses, fair to prime. 28®33c; choice, 35@40c; syrups, 23® 33c Beans—Choice hard-picked navy. sl.lo® 1.25 per bu; medium hand-picked, [email protected]; Limas, California. 3%©3%c per lb. Slot—sl.3s® 1.40 per bag for drop. t> a ,i—fit- ®7c for pressed bars. Flour Sacks (j.aper)--Plain. 1-32 brl. per 000 $3 sf 1-16 brl, $5; % brl. $8; % bri. sl6; No. 2 drab! plain. 1-32 brl. per 1.000 $4.25; 1-16 brl. $6.50: % brl $lO- % brl, S2O; No. 1 cream, plain. 1-32 brl, )>er 1.000. $7: 1-16 brl. $8.75; % brl, $14.50: % fcrl fc 50 Extra charge for printing. [email protected]. Twine—Hemp. 12© 18c per 1b: wool. 8©10c: flax, 20©30c; paper. 25c; jute. 12® 15c: cotton. 18©25e. Wood Dishes—No. 1. per 1,000, 51©1.25: No. 2 sl.2!!® 1.40: No. 3. $1.60® 1.80; No. *2®2.23. Woodenware —No. 1 tubs, $6©6.23; No. 2 tubs, $5.2*©5.50; No. 3 tubs, $4.2Mf4.50; 3-hoop palls. $1 40® 1.50; 2-hoop paiis. $1.15® 1.20; double washboards $2.23® 2.75: common washboards, $1.25© 1.50: clothes ptns. 40©."0c per box. Rice —Louisiana, 4%©5%c; Carolina, 5@7%c. Iron nml Steel. Bar Iron—l.so® 1.60 c; horseshoe bar. 2%®2%c; nail rod. 7c; plow slabs. 2%0; American cast steel, 9®lie; tire steel, 2%©3c; spring steel, 4% Leather. Leather—Oak sole, 27® 30c: hemlock sole, 24® 26c; harness, 31@37c; skirting, 34®41e; single strap. 38©41c; city kip. 60©85c; French kip. 90c® $1.20; city calfskin, 90c®$1.10; French calfskin, $1 20® 1.85. ' Null* and Horsenhoen. Steel cut nails, $1.75: wire nails, from store, (1.96©2 rates; from mill. $1.75 rates. Horseshoes, per keg. $3.50; mule shoes, per keg. $4.50; horse nails, s4©s per box. Barb wire, galvanized, $2; painted, $1.75. Produce, Fruit* and Vegetiilile*. Apples—Choice cooking. $363.25; fancy eating

apples, [email protected] per brl; extra fine, $4®4.50; Ben Davis, $2.60®2.75. , „ „ „ _ Bananas—Per bunch. No. 1. $1: No. 2. 75c. Cabbage—6s®Soc per brl; Holland seed, sl. Turnips—sl(ll.so per brl; rutabagas. $1 per brl. Onions—s2.2s per brl; red and white onions, $2.50- Spanish onions, per crate, $1.65. Cranberries—[email protected] per bushel crate; $6.75® Grapes—Basket. 10 lbs, 15® 17c per basket; Elmira graites, 5567.50 per brl. according to quality and weight; Catawbst, per pony basket. 15c. Cheese—New York full cream. 14c; skims. 6®Bc per lb: domestic Swiss 15c; brick, 11c; limburger, 10c per ib Oranges—Mexican, $4.50 per box; Florida, $4.50 per box; California, $4.50. Lemons— Medina, choice. 300 to box. $3; fancy, 300 to box. $4: fancy, 360 to box. [email protected]. Potatoes—sl.Bs©2 i>er brl; 65c per bu. Sweet Potatoes—Baltimore, $2.26; Jersey, $3.73. Pears—sl.2s®l.so per bu. Celery— 15@25c per bunch. Sweet Cider—ss per brl; $2.73 per half brl. Provisions. Hams—Sugar-cured. IS to 20 lbs average, S%@ B%c; 15 lbs average, BV.®9%c; 12 lbs average, 9® 9%c; 10 lbs average, 10 , ,;®10%e; block hams, B%@ 9c; all first grades; seconds, %c less. Breakfast Bacon—Clear firsts, 10‘, a @llc; seconds, 9%c. Lard—Kettle-rendered, In tierces, 6%c; pure lard. 5%c. Shoulders—l 6 lbs average, 7c; 12 to 14 lbs average, 6%c. Pickled Pork—Bean pork, clear, per brl, 200 lbs, sl4; rump pork, $10.30. Bacon-Clear sides, 40 to 50 lbs average. 6%c; 30 to 40 lbs average. 6%c; 20 to 30 lbs average, 71,e: bellies. 25 lbs average, 6%c; 14 to 18 lbs average, 6%c; 14 to 16 lbs average, 7%c. Clear backs, 18 to 22 lbs average, 6%c; 10 to 14 lbs average, 6%e; 7 to 9 lbs average, 7c. In dry salt, %c less. _ . Seed*. Clover—Choice, recleaned. 60 lbs, $2.60®2.75; prime, $2.66@3; English, choice, $2.65®2.80; alsike, choice, $5©5.50; alfalfa, choice, $4.40®>4.60; crimson or scarlet clover, [email protected]; timothy. 45 lbs, $1.50® 1.60; Ktrietlv prime. $1.50©1.60; fancy Kentucky, 14 lbs. $1®1.25; extra cleqji, 60©75c; orchard grass, extra. *[email protected]: red top. choice, 80c@$1.40; English bluegrass, 24 lbs, [email protected]. Window Glass. Price per box of 50 square feet. Discount, 60. Bxß to 10x15 —Single: Aa. $7; A, $6.50; B. $6.25; C, $6. Double: AA, $9.50; A. $8.50; B, $8.25. 11x14 and 12x18 to 16@24—Single: AA, $8; A, $7.25; B, $7. Double: AA, $10.75; A, $9.25; B, $9.50. 18x20 and 20x20 to 20x30—Single: AA, $10.50; A, $9.50: B, $9. Double: AA, sl4; A. $12.75; B. sl2. 15x36 to 24x30— Single: AA. $11.50; A. $10; B. $9.25. Double; AA. $15.25; A. $13.75; B, $12.25. 26x28 to 24x36—Single: AA. sl2; A, *10.50; B, $9.50. Double: AA. sl6; A. $14.50: B. $13.25. 26x34 to 28x32 and 30x30 to 26x44—Single: AA, $12.75; A, $11.75; B, $10.25. Double: AA, $17.25; A. *13.50: B. sl4. 26x46 to 30x50— Single: AA. sls: A. $13.50; B, sl2. Double; AA. $19.75; A. $18; B, sl6. Double: AA, *22.75; A. $21.25; B, S2O. REAL-ESTATE TRANSFERS. Seven Transfers, with n Total Consideration of #8,700.50. Instruments filed for record in the recorder’s office of Marion county, Indiana, for the twentyfour hours ending at 5 p. m. Dec. 4, 1897, as furnished by Theo. Stein, abstracter of titles, comer of Market and Pennsylvania streets, Indianapolis. Suite 229. first office floor, The Lemcke. Telephone 1760: Louis Schwab to Apolonia Heid, part of Lot 15, in Robson & Vorhees’s addition $1,000.00 Frederick Heid to same, part same lot 1,000.00 Joseph C. Ratliff to Laura C. Ratliff, Lot 44. in Floral Park addition 3,000.00 Arthur V. Brown to Bertha Gladtfelder, Lots 27, 28 and 29. in Brown’s South Me-ridian-street addition 1,100.00 Perrv Capple to C. A. Ruiger. part of the west half of the northwest quarter of Section 20, Township 17, Range 5 2,050.00 Rose J. Ransom et al. to Eleanor J. Harris, part of Lot 8. in Atkins & Perkins's Universitv-place addition 200.00 Silas H. Johnson to Henry Gordon, part of the southeast quarter of Section 12, Township 16, Range 3 419.%) Transfers, 7; consideration $8,769.50 THE COURT RECORD. Snperior Court. Room 2—Lawson M. Harvey, Judge. Florence D. Thatcher vs. Wallace. P. Thatcher. Decree of divorce granted plainlißobert A. Johnson vs. Maud A. Johnson; divorce. Decree granted plaintiff. Minnie Harrell vs. Frank Harrell; divorce. Dismissed for want pf prosecution. Frank Zingler vs. Elnora Zingler; divorce. Dismissed for want of prosecution. Room 3—Vinson Carter, Judge. Josephine Mack vs. George L. W. Mack; divorce. Decree granted plaintiff. Pearl Dolby vs. George Dolby; divorce. Decree granted plaintiff. New Saits Filed. Wm B. Howard vs. Otto M. Jenkins et al.; mechanic’s lien. Superior Court, ROOm 1. „ Tr _ Indiana Bond Company vs. E. E. Howe et al.: street lien. Superior Court. Room 1. Samuel S. Rhodes vs. Jacob D. Myers; suit to foreclose chattel mortgage. Superior Court, Room 2. _ . . , Julius Ackerman et al. vs. Frank Ackerman et al.; suit for partition. Superior Court. Room 3. ~ • , Ann E. Wood vs* William Wood; suit for partition. Circuit

Farmer’* View of the Gas Question. To the Editor of the Indianapolis Journal; In your valuable paper of late there has been a great amount of agitation on the subject of natural gas going to waste. In the issue of Dec. 1 I notice a statement from John R. Pearson, manager of the Indianapolis Gas Company, that charges the waste of natural gas to the greed of the land owners. It is not to be supposed that .*ny one of the large gas companies that are operating in the gas belt feel like letting a farmer make anything out of oil or gas either; they would confine them to the paltry sums they pay for leases. These corporations have mapped and located the well sites in almost every Instance so that they could draw the gas from under farms unleased. Not satisfied with a gas lease alone, their leases cover both oil and gas. There are a great number of farms not leased by these corporations, neither will they be leased. Have we not as much right to draw the gas from a gas company as it has to draw from us? Knowing that they nave a great part of the farms leased for both oil and gas, they now go sp far as to 'ntimate that the Legislature should meet and enact a law to keep farmers from developing oil territory or compel them to shut the gas in. The gas companies anticipate oil in the near future, and as they have made exoebitant incomes on their investments they still want the privilege of continuing. Os course, farmers know about what a good gas well is worth, and know that gas ought to be taken care of. If we could have held our gas for the benefit of ourselves we would be able to have for an unlimited time the best fuel on earth. Our forests are getting depleted, and it would be much easier for the residents of towns and cities to ship coal than we; therefore, taking our rights into consideration along with other persons, we think if justice has its dues there will be no extra expensive Legislature called. ONE OF THE FARMERS. Yorktown, Ind., Pea 4. Pensions for Veterans. Certificates have been issued to the fol-lowing-named lndianians: Original—George B. Gaines, Indianapolis; John J. Wallace, Teegarden; Samuel H. Hargrove, Princeton; Henry C. Collins, West Lebanon. Additional—William Lambeck. Huffman. Renewal—Samuel J. Parker, Messick. Increase—William Ranck, ’Tippecanoe; James Wright. Crawfordsville; Harvey Patterson, Ha!rtford City; William Butler, Connely; Claudius W. Martin, Marion; Leander Crane, Hamilton: James H. Kinkead, Winchester; James H. Philapy, Galveston; Marquis L. Pollock, McKinley; Jerry Brooks, Utica; James R. C. Stewart, English: James Best, Washington; John Infield, Goshen; Samuel McManegal, Veedersburg: Diven Hays, Washington. Renewal and Increase —Victor M. Batts, Elizaville. Original Widows. Etc.—Rebecca Cowan. Clarksburg; Susan Secor. Mentone; minor of James E. Sinnet, Crawfordsville. First Settlement in Ohio. To the Editor of the Indianapolis Journal: In your issue of to-day you correct a Cincinnati paper as to the date when Ohio was first settled, or, rather, when the first settlement was made by the whites In what is now Ohio. Have you not fallen into a mistake yourself? You say the first settlement was made in 1788. As early as 1752 the British had a settlement and fort at Pickawillany, ou the Miami. It was captured and destroyed by the French and Indians. Having a settlement needing to he protected by a fort, is it not probable they also had houses? The first settlement by the Americans was at Marietta, In 1788, but the British government attempted to establish trading i>osts and settlements several years prior to our war for independence. W? H. SMITH. Indianapolis, Dec. 5. Indiana Coffee. Mount Vernon News. Frank Wright, a farmer of German township, Bartholomew county, has for the past two years been experimenting in raising coffee on his farm, and his efforts in that direction have proved a success. Last year he tried the experiment on a small piece of ground and it proved satisfactory, and this year he engaged more extensively In the coffee growing industry. He planted a crop of three acres, and has just harvested a good yield—enough, he thinks, to supply his family for one year. Mr. Wright uses all the coffee he raises in his own household, and pronounces it a first-class article.

WHEAT PRICES RALLIED EARLY DECLINE ON WEAK CADLES OVERCOME BY BIG CLEARANCES. Rumored Corner In the Northwest Carried Little Weight on the Chicago Marked --■■■■ ♦ CHICAGO, Dec. 4.—A decline of %c, with which wheat opened to-day, was pared down by the action of shorts to a net decline of %c at the close. Weak cables were responsible for the early decline, but the clearances, the largest for the season, made a fairly firm market toward the close. Corn and oats were firm and advanced %c and I4@%c, respectively. Provisions advanced 5 @loc on a good shipping demand. "Wheat started weak and at %@%c decline for May. Liverpool was Md lower for December wheat, %and lower for March and %and down for May, compared with yesterday’s closing rates. The weather has turned from severe frost to a decided thaw over tho greater part of the winter wheat country, and the Minneapolis and Duluth receipts were again not far from double those at the corresponding time of the year before. The market did not for some time give much indication of doing better, but in the course of an hour from the start it had acquired a small modicum of firmness. The opening prices for May were from 89c to 89(4c, compared with 89%c at the close Friday. On the slight rally that followed it sold up to 89i4c. January during that time made some peculiar changes, selling at from 89%c when May was 89c, and was bringing or at from %c premium to discount compared with the May price. The weakness at Liverpool was accounted for by the editor of the Liverpool Corn Trade News in a cablegram which said decline was owing to selling for March and May on orders from Chicago and also to Thoman’s report issued yesterday. Minneapolis and Duluth receipts were 860 cars, against 927 a week ago and 469 cars the corresponding day of the year before. The primary receipts were as bearish as ever, the total of the day being 943,000 bu, against only 532,000 on the like day of the year before. The expected increase in the visible of &uO,OW bu, should it be realized, will stand contrasted with 2,602,000 bu decrease for the similar period of 1896. The week’s exports from both coasts were 6,700,000 bushels, the largest but once before for one week’s shipments. The day’s clearances from Atlantic ports were liberal at the equivalent in wheat and flour of 717,000 bushels. Those liberal shipments combined with firmness of the Paris and Antwerp market, considering the previous day’s weakness here, added to the recovery to a further slight extent. May rose to 89%c, but reacted a little under scattered realizing mostly on small lots, and closed at 89(£c or %c lower than it did yesterday. December was neglected by the general crowd and was only heard from at wide intervals. It sold from 9414 c at the opening to and closed at 95c, which shows no change for to-day. Corn, at the opening, sold %c lower than the close yesterday, influenced by the weakness in wheat, but good buying by local shorts and commission houses caused the market to react, and on the late trading prices ruled firm. The large export of corn for the week, 4,585,000 bushels, constituted a bullish influence. Cables were *4d lower. Receipts were 488 cars. May ranged from 28%c to 28 1 / 8 e and closed %c higher at 28%c. Oats ruled firm on buying by local operators and elevator people. Light offerings aided in the upturn of prices and also caused trade to be rather limited. Sympathy with corn was a factor. Receipts were 387 cars. Selling was scattered and entirely local. May ranged from 22%c to 21%c and closed higher at 22@22(uc. Provisions were very firm. The basis of the strength was the excellent demand from domestic and foreign sources for the cash products. The shipments from Chicago for the week were so heavy as to be subject to general remark. Exporters were credited with liberal purchases of January lard. The market opened steady at about yesterday s prices and gradually advanced, closing strong at the close at top prices. At the close January pork was 10c higher at 18.27%, January lard 5c higher *■* W. 27% January ribs 2'Mfsc higher at $4.20@4^2%. Estimated Receipts Monday-Wheat, 225 cars; corn, 450 cars; oats, 450 cars, hogs, 40.000 head. , „ Leading futures ranged as follows. Open- H'gh- Low- ClosArticles. est. est. ing. "TST 85 88 8* I* <—Bs 85 88 S* °*HE Eii™ a a ajs ”iv EE: *B* T 188 L " a- j!£. tgS op fut £ ::::::::::: *B* 1:1 s 18* 15* Cash ouctations were as follows: Flour quiet; winter patents, [email protected]; straights, - ; spring specials, *5.35; spring patents, [email protected] straights [email protected]; bakers, [email protected]. iso. - spring wheat. 89@90c: No. 3 spring wheat. 82%@ 92c • No 2 red, 95@95%c. No. 2 corn. 25*6c, iso. - yellow 25* @25%c. No. 2 oats. 21%c; No. 3 white. V r> h 23i9>22S>c. No. 2 rye, 46V4c. No. 2 barley, f' 0 ‘ p” 26@37c. No. 1 flaxseed, [email protected](4. Pr ‘n' e timothy seed, $2.62 M> (02.65. Mesa pork, per brl, *7 30®" 36. Lard, per 100 ibs. $4.25© 4-iffVi. Short(looml 4 15®4.50; dry-salted shoulders $4.S! short-clear sides (boxed). $4.40® 4.50. Whisky, distillers’ finished goods, per gal, iq Qmrapß—Clit-loaf, 5.84 c, 0.25 c. 1 Trn brls; wheat, 162.000 bu; corn 271 000 bu; oats. 439,000 bu; rye, .b. u * u„ r ipv 000 bu. Shipments —Flour 3,000 brls; wheat’ 2?4,000 bu; corn, 280,000 bu; oats, 488,000 bu; rye, 35,000 bu; barley, 76.000 bu.

Plllabnry Runnintf a Corner. MINNEAPOLIS, Dec. 4.—lt is reported at the Chamber of Commerce that the Peavey elevator companies have made a combine with the Plllsbury companies and secured control of not only the wheat in Minneapolis, but all the wheat that is stored in elevators throughout the Northwest. Mr. Plllsbury recently predicted that wheat would so to $1.50, and this is consistent with the rumor of a corner. If the , st ° ry v be „Jj r Vf; Peavey and Pillsbury can sit back and let the price go where it will. They would be independent of any .price speculators might make. The time for deliveries is surely coming, and the grain men must get the r wheat somewhere in order to their deliveries, and if it is controlled by the men named they will have to pay fancy prices for it. No figures as to the extent of the corner are given, but a grain rnan who is known to be on the inside says the story of the corner is correct. AT SEW YORK. Ruling Prices In Produce at the Seaboard'* Commercial Metropolis. NEW YORK, Dec. 4.—Flour—Receipts, 24,703 brls; experts, 14,010 brls. Market dull and easy with wheat; Minnesota patents, [email protected]; Minnesota bakers, [email protected]; winter patents, [email protected]; winter straights, [email protected]; winter low grades, $2.90®3.10. Rye flour dull at $2.70®3.25, the latter for fancy. Buckwheat flour quiet at [email protected]. Buckwheat quiet at ?7M>fi>3Bc. Com meal quiet; yellow Western, 63c. Rye steady; No. 2 Western, 5014 c. Barley quiet; feeding, 28c. Barley malt easy; Western, 55@60c. Wheat—Receipts, 14,925 bu; exports, 192,785 bu. Spot weak; No. 2 red, 97*' c. Options opened weak under disappointing cables and were dull all the morning within a narrow range, closing ~ 4@%c net lower; No. 2 red, May, 92@92%c, closed at 92Vic; December, 95 9-16096 l-16c, closed at 96c. Com—Receipts, 101,400 bu; exports, 107,451 bu. Spot easy; No. 2, 33%c. Options opened easy with wheat and cables, but rallied on covering and closed unchanged; May. 33%©33%c, closed at33<K.e; Bet-ember. 304@3Q%C. closed at 30%c. Oats—Receipts, 141,200 bu; exports, 29,867 bu. Spot stronger; No. 2, 26*4c. Options dull and about steady, closing practically unchanged; May closed at 27‘ie; Tiecember closed at 26c. Hay dull; shipping, 40®45c; good to choice, 50 ®Ho’i,s steady; State, common to choice. 1595 crop. 4® 6c- 1896 crop, C®9c; 1X97 crop, 15® 18c; Pacific coast, 1895 cron, 4@6c; 1696 crop, 6®9c; 1897 crop. 15®lsc. Hides steadv; Galveston, 15c; Texas dry, 12c; California, 17@18c. Leather quiet; hemlock sole, Buenos Ayres, light to heavy weights, 20%@21\6c. Btef steadr; family, $9.50©10; extra mess, $7 50 beef hams. s22® 22.50: jacket, s9®lo. Out meats steady; pickled bellies, S6®7.CO: pickled shoulders, $5.75; pickled hams, $7.25®". 50. Lard steady; Western steam. $4.50; refined steady. Pork dull: mese, $8.23® 9; short-clear, *10©12; family, $10.50® Tallow steady: city, 3'4c; country, 3H@3%c, as to quality. Rice steady; fair to extra, 4*4®6<4c; Japan. 5© 54c. Molasses quiet; New Orleans open kettle, good to choice, 28® 31c. Cotton-seed oil inactive, but steadv; prime crude, 18018 Vic; jrime summer yellow, 21 Vic; butter oil, 24 1 ®27c; prime winter yellow. 28 1 ir27c. Coffee—Options opened dull at unchanged prices to an advance of 6 (mints; ruled inactive and featureless, with world’s visible supply increase of 157.793 bags about as expected and attracting no attention, while higher European cables were offset by lower Brazilian cables and inactive spot cable demand; closed steady at net unchanged

prices. Sale*. 9.C00 bags. Including: May. 5.85 c. Spot coffee —Rio quiet No. 7, invoice 6*ic, jobbing 6%c. Mild dull; Cordova, h l *@l4c. Rio— Receipts. 18,000 bags; cleared for the United States, 6,000 bags; cleared for Euroj>e, 3.000 bags; stock, 473.000 bags. Total warehouse deliveries from the United States. 15,701 tmgs. Including 12.747 from New York; New York stock to-uav. 517,643 bags; United States stock. 144,253 bags; afloat for the United States, 399.000 bags; total visible for the United States. 1,043.283 bags, against 652,763 last year and 545,541 in 1895. Sugar—Raw firm; fair refining. 3%c; centrifugal. 3%c; refined firm: standard A, 4%c; confectioners’ A. 47*c; cut-loaf, 5Hc; powdered, 5 3-16 c; granulated, sc. TRADE IN GENERAL. Quotation*! at St. Louis, Baltimore. Cincinnati and Otber Places. ST. LOUIS. Lee. 4.—Flour steady and unchanged. Wheat lower, closing (*c off for May and tic for July from yesterday. May opened tie to %e lower, advanced He and closed l-16c below the top. Spot firm; No. 2 red, cash, elevator. 96c; track, 96'ic; No. 2 hard, cash, 85@86c; December. 96%c; May. 91%@92c; July. 80'ic. Corn—Futures opened weak, declined, advanced and closed near the top the same to fractions above yesterday. Spot easier; No. 2, cash. 24c; January. 24Hc; May. 26 7 >.c; July. 27',ic. Oats— Futures dull and strong. Spot steady; No. 2. cash, elevator, 20c; track. 21 He; December. 297ic; May, 22V*@22%c; No. 2 while, 23\'& 21c. Rye steady at 45*ic. Flaxseed higher at $1.06. Prime timothy seed, $2.60. Corn meal, $1.40. Bran dull but strong; sacked, east track. 54c, and track, this side, 55c. Hay In good demand; choice stock firm; prairie. $71t5.50; timothy, sß® 10.50 Butter quiat; creamery, is® 23c; dairy. llfelSo Egsrs steady at 1774 c. Whisky. $1.19. Cotton ties. 70c. Bagging. 6%@7(4c. Pork steady; standard mess, jobbing. $8.25@8.£0. Lard higher; prime steam, $4.10; choice, $4.15. Bacon — boxed lots—Extra short clear, $4.8774(35; ribs. $5.37Vi®5.60; shorts. $5.50®5.62Vi. Dry-salt meats— Boxed shoulders, $4.75@5: extra short clear, $4.37V4 4.50; ribs. [email protected]>: shorts. $4.87'4@3. Receipts —Flour. 3,000 brls: wheat. 31,000 bu; com, 208.000 bu; oats. 14.000 bu. Shipments—Flour. 3.C00 brls; wheat, 16.000 bu; corn, 83.000 bu; oats. 19,000 bu. LIVERPOOL, Dec. 4.—Wheat—Spot No. 2 red Western winter steady at 7s 9Vid; No. 1 fed Northern spring steady at 7c Bd. Com—Sjx>t American mixed quiet at 3s Z-Vid. Flour— St Louis fancy winter dull at 10s. Beef firm; extra India mess, 66s 3d; prime mess, 56s 3d. Pork firm; prime mess, fine Western. 48s 9d; prime mees, medium Western. 46s 3d. Hams—Short cut steady at 31s. Bacon —Cumberland cut dull at 345; short ribs steady at 35s 6d; long clear and middle lights, dull at 33s Cd: long-clear ‘middles, heavy, dull at 935; short-clear backs steady at 31s; clear bellies firm at 37s 6d. Shoulders—Square firm at 2Ss 6d. Lard —Prime Western steady at 22s 6d. Cheese—American finest, white and colored, steady at 42s 6d. Tallow—Prime city steady at 18s 6d. Cottonseed oil. Liverjiool refined, dull at 14s 9d. Spirits of turpentine steady at 24s 3d. Rosin —Common steady at 4s 74d. BALTIMORE, Dec. 4.—Flour dull and unchanged; receipts. 9,646 brls: exports, 6,900 brls. Wheat strong; spot, 9(rVs®96Vic; month. 96V®96'ic; January, 96'i®964ic; May, 92V-C bid; steamer No. 2 red 91‘.®9174c; receipts, 100,351 bu; exports, 144 225 bu; Southern wheat by sample, 91@97c. Com firm; spot. 32%@32%c; month 32@32V4c; December new or out 31%@31 * January, 31‘4® 31%c; February, 31%@32c; steamer mixed, 30H® 3044 c; receipts. 85,975 bu; exports none; Southern white and yellow corn. 32@3ic. Oats firm; No. 2 white. 29V4@30c: No. 2 mixed. 27®27He; receipts, 30 124 bu; exports none. Rye firmer; No. 2 Western, ■ 63>>53%c; receipts. 36,108 bu; exports none. Hay steady choice timothy, sl3 asked. Grain freights steady and unchanged. Butter, eggs and cheese steady and, unchanged. TOLEDO, Dee. 4.—Wheat lower and steady; No. 2, cash and December, 9344 c; May, 9244 c. Com active ahd lower; No. 2 mixed, 26c. Oats higher and dull; No. 2 mixed, 22c. Rye active; stock No. 2 cash, 4674 c. Clover seed dull and easier; prime, cash and December, $3.1274. Oil un * changed. , CINCINJ&ATI, Dec. 4.—Flour dull. Wheat dull; No. 2 red, ,274 c. Corn firm; No. 2 mixed, 27T4c. Oats quiot; No. 2 mixed. 2374 c. Rye weak; No. 2, 46c. Lard steady at $4.15. Bulk meats, $4.30. Bacon steady at $5.65. Whisky steady at $1.19. Butter steady. Sugar firm. Eggs steady at 1674 c. Cheese steady. BUFFALO. Dec. 4. —Wheat—No. 1 Northern, old. 9574 c; new 97M®97%c; No. 1 winter white. In sture, 95c. Corn—No. 2, 31T4@3174c. Oats —No 2 White, 27*/4®27\ic. Barley steady. Rye, 49c asked. DETROIT, Dec. 4.—Wheat—No. 1 white, 90c; No. 2 red. 9174 c: December, 9074 c; May, 9174 c. Corn— No. 2 mixed, 2644 c. Oats—No. 2 white, 2444 c. Rye— No. 2,4674 c.

Batter, Eggs untl Cheese. NEW YORK, Dec. 4.—Butter—Receipts, 2,877 packages; market steady; Western creamery, 14® 23Hc; Klginst, 23>4c; factory, U'4@l474c. CheeseReceipts, 2,380 packages; market dull; large white, September. 574®5Hc; small white, September, 9® 97i>c; large colored, September, 874®874c; small colored, September, 9@974e; large, late made, 774 c; small, late made, 874®874c; light skims, 6@6V4c; part skims. 474 ®6c; full skims, 3@4c. Eggs—Receipts, 3,874 packages; market quiet; state and Pennsylvania, 21®25c; Western, 20@23c. PHILADELPHIA, Dec. 4.—Butter firm and In good demand; fancy Western creamery, 23V4@24c. Eggs firm and in good demand; fresh near-by, 24c; fresh Western, 23c. Cheese dull And barely steady. CHICAGO, Dec. 4.—On the Produce Exchange to-day the butter market was firm; creamery. 15@22c; dairy. 12@19c. Cheese quiet at B@ST4c. Eggs firm; fiesh. 20c. KANSAS CITY, Dec. 4.—Butter some lower; creamery, 18c; dairy, 15c. Dry Goods. NEW YORK, Dec. 4.—ln dry goods the week closes with a good outlook for the rest of the vear. The sales of the week have not been altogether satisfactory. Sellers were of the belief that the reductions in prints would result in extensive sales, both by mail orders and In store trading, but buyers seemed to be inclined to take rruatteis slowly at present. Meanwhile, the trade in spring goods—ln cotton printed lines—is very fair. In staple cottons business has continued light during the week in all grades, and, while there has been announced a change In prices, there have been many concessions made In order to secure what sales have been reported during the week. Print cloths show light trading, but not as light as was expected earlier in the week. The recent reduction of 54-square extras to 274 c has resulted In a renewal of interest on tho part of buyers, and sellers have been as liberal as could be expected at the price. Oils. SAVANNAH, Deo. 4.—Spirits of turpentine firm at 3044 c; sales, 1,078 brls; receipts, 810 brls. Rosin firm; sales of about 2.000 brls; receipts, 3,330 brls; A, B, C. D, $1 15; E. F, $1.20; G, $1.30; H, $1.40; I, $1.50; K, $1.65; M $1.85; N, $2.20; water white, $2.80. OIL CITY, Dec. 4.—Credit balances, 65c; certificatfes, first bid. 67c; closed. 6774 c bid; sales at 6774 c; asked, 6774 c. Shipments, 49,276 brls; rune, 50,376 brls. NEW YORK, Dec. 4.—Petroleum dull. No market. Rosin steady; strained, common to good, $1.40® 1.45. Spirits of turnpentine steady at 3244® 3374 c. WILMINGTON, Dec. 4.—Spirits of turpentine firm at 2974@20c. Rosin dull at [email protected]. Crude turpentine quiet at $1.40® 1.90. Tar firm at $1.06. CHARLESTON, Dec. 4.—Spirits of turpentine firm at 30c; sales none. Rosin firm and unchanged; sales none. Cotton. NEW ORLEANS, Dec. 4.—Cotton firm: sales, 6,200 bales; ordinary, 474 c; good'ordinary, 4%c; low middling, 4 15-16 c; middling, 574 c; good to good middling. 574 c; middling fair, 515-16 c; receipts, 18,581 bales; stock, 326,962 bales. MEMPHIS, Dec. 4.—Cotton firm; middling. 574 c. Receipts, 4,426 bales; shipments, 601 bales; stock, 137,593 bales; sales, 3,500 bales. NEW YORK, Dec. 4.—Cotton closed quiet; middling uplands, 574 c; middling gulf, 674 c. sales 20 bales. Dried Emits. NEW YORK. Dec. 4.—California dried fruits quiet and steady. Evaporated apples, common, 5*1,7c per lb; prime wire tray, 7%#mj: wood dried, prime, BT4e; choice. 874 c; fancy, 9@974c. Prunes, 3*,2®Bc per lb, as to sire and quality. Apricots, Royal, 7@874e; Moor Park, 9@llc. Peaches—Unpeeied, 7@loc, peeled, 12®20c. Metals. new YORK, Dec. 4.—Pig iron quiet; Southern, slo® 11.25; Northern, [email protected]. Copper firm; brokers. 10%c. Lead strong at 3.50 c. Tin plates dull. ST. LOUIS, Dec. 4.—Lead quiet at [email protected]. Spelter dull at 3.75 c, sellers. Wool. NEW YORK. Dec. 4.—W00l steady; domestic fleece, 27®31c; Texas, 13@17c. LIVE STOCK. Cattle Scarce and Steady—Hog* Active and Steady—Sheep Qnlet. INDIANAPOLIS, Dec. 4.—Cattle—Receipts light; shipments light. Nothing on sale except a few butcher grades, which found ready sale at steady prices. Export grades $4.75® 5.15 Shippers; medium to good 4.25® 4.60 Shippers; common to fair 3.50@ 4.00 Feeders, fair to good 3.75® 4.10 Stockers, common to good 2.75® 3.50 Heifers, good to choice 3.65® 4.25 Heifers, common to medium.. 2.65® 3.35 Cows, good to choice 3.40® 3.75 Cows, fair to medium 2.65® 3.10 Cows, common and old 1.25® 2.25 Veals, good to choice 5.00® 6.00 Bulls, good to choice 3.00® 3.50 Bulls, common to medium 2.00® 2.75 Milkers, good to choice 30.00©45.00 Milkers, common to medium 18.00®25.00 Hogs—Receipts. 5,500; shipments, 1,800. The supply was again liberal enough for the demand. The market ruled active at yesterday’s prices, packers and shippers buying. All were sold. Light $3.25®*.3274 Mixed 3.25®3.3274 Heavy packing and shipping 3.20®3.35 pjn 2.50®3.30 Roughs [email protected] Sheep and Lambs—Receipts light; shipments light. But few on sale. The market was quiet at barely steady prices. Sheep, good to choice $3.75®4.25 Sheen, common to medium 2.75W3.50 Lambs, good to choice 5.0<1®£3,50 Lambs, common to medium [email protected] Bucks, per head 2.00®5.60 • Elsewhere. CHICAGO, Dec. 4.—There was the usual Saturday market in cattle. Receipts were ’ ery light and the market a nominal one. The f w cattle ohered were taken at prices unchanged from yesterday. This week’s receipts have, re ched the unusually large total of about 63.360 head and prices have declined on an average of 25c. Many cattle that would have been sent here had. the market been in a satisfactory condition were stopped at various feeding points, and sellers who hud half fa; cattle here had to sell at very low prices. A good domestic demand for fancy heavy Christman beeves is expected next week. Trade in hogs was quite animated at steady prices, the greater part of the hogs crossing the

Washington, D. C. VIA Pennsylvania Short Lines THREE TRAINS DAILY 6:50 a. ro., 2:40 p. m. and 7:20 p. m. Through Pullman Sleepers without :hauge on 2:40 p. tn. train. W. W. RICHARDSON, D. P. A. E. A. FORD. G. P. A. IvINE. The Short Line to ST. LOUIS and THE WEST Leave Indianapolis Daily—B:lo a. m., 12:40 noon. 7 p. m.. 11:20 p. m. Arrive at .St. Louis Union Station—3:ls p. m.. 7.12 p. m., 1:44 a. m.. 7 a. m. Parlor car on 12:40 noon train daily and local sleeper on 11:20 p. m. train daily for Evansville and St. 1.-iuis, open to receive passengers at 8:30. Ticket offices. No. 48 West Washington street and Union Station. W. W. RICHARDSON. D. P. A. E. A. FORD. General Passenger Agent. * K C. & CIO . Manufacturer and A I IV I IN of CIRCULAR CROSS 2 a a mi ,4 “'eUT. BAND and all other BELTING. EMERY WHEELS AND MILL SUPPLIES, Q 4 11/C Illinois street, one square south W Union Station. m T T CL 1 I*7 c. BELTING and Oil fV EMERY WHEELS SPECIALTIES OF W. B. Barry Saw and Supply Cos, 132 S. PENN. ST. All kinds of Saws repaired. SAFE DEPOSITS. SAFE DEPOSIT VAULT, 30 East WuftliinKton St. Absolute safety against fire and burglar. Po* Hceman day and night, on guard. Designed for safe keeping of Money, Bonds, Wills, Deeds. Abstracts. Silver Plate. Jewels and valuable Trunks, Packages, etc. , Contains 2,190 boxes. Rent 1(15 to $45 prr year. JOHN S. TARKINGTON Manager, EDUCATION AL. * BEST DAY AND NIGHT SCHOOL. B Indianapolis \f OSINESS UNIVERSiT ■ Bryant & Stratton. Kstab. 1850. Enter now. When Bldg. Elevator. E. J. HEEB, Pres. OPTICIANS. ( N v S3N.PENN.ST. DENISON HOUSE,. J N> INDIANAPOLIS-IND. / ~ I<firntMSCEBU®EALS7^ STENCILS, stamps: -74 CATALOGUE FREE BADGES, CHECKS &C \ bW.TEL-1383. 15 &MERIDIAN SL Ground Floor.

scales at $3.25®3.4274. Rough packing lots sold at $3.15®3.22(4 and prime shipping lots at $3.40®3.4774. Pigs sold chiefly at [email protected]. The hogs now being marketed arp largely of good quality, heavy lots predominating, and medium weights are th best sellers. The few lots of sheep and lambs that were offered on the market to-day sold at unchanged prices. Sheep were salable at $2.75®3.25 for the poorest up to $4.25®*?.50 for good to choice flocks, with prime lots In demand at $4.60494.75. Lamhfl sold at $4(if4.75 for the poorest to $0.25®5.50 for good to choice flocks, few going below $4.76. Liberal receipts of sheep and lambs are expected next week Receipts—Cattle, 500; hogs, 20,000; $1,254(2.49; bulls, $2®3..v; Texas and Indian steers, 5 3' K '4.15, bulk at $3.50®3.85; cows and heifers, $2.23 @3.75, the outside range being paid for a few head. Hogs—Receipts. 3,800; shipments, 2,100. Market barely steady: light, [email protected]; mixed, [email protected]; heavy, $3,304(3.35. Sheep—Receipts none: shipments, 100. Market nominal: native muttons, [email protected]; culls and bucks, $1.80®3.50; Stockers, [email protected]; lambs, $4.50 @5.75. KANSAS CITY, Dee. 4.—Cattle—Receipts. 1.500. Market steady and unchanged, with only retail trade. Hogs—Receipts, 10.000. Market steadv; bulk ors sales. [email protected](4; heavies. [email protected]: packers, $130493.37 >4; mixed. $3.27>[email protected](4; lights. $3.25® 3.32(4: Yorkers, $3.304?3.32V4: pigs, [email protected]. Sheep—Receipts. 1,000. Market firm; lambs, [email protected]; muttons, [email protected]. NEW YORK. Dec. 4.—Beeves—Receipts. 18. Cables unchanged. Exports, 1.321 beeves and 3,833 quarters of beef. Calves—Receipts, 235. Market dull and barely steady; veals, [email protected]; grassera, Western, $3. Hogs—Receipts, 3,686. Market dull at [email protected]. Sheep and Lambs— Receipts ill. Market dull and generally steady; sheep, [email protected]; lambs, $5.40 @6. ST. LOUIS, Dec. 4.—Cattle—Receipts. 700, of which 500 were Texans; shipments. 2,600. Market steady; native shinning and export steers. $4.20 (04.40. bulk at $4.3004.90: dressed beef and butchers’ steers. $3.f>[email protected]. bulk at [email protected]; steers under 1,000 lbs. $3.4v .50, bulk at $3.60®4.10; Stockers and feeders, [email protected]; cows and heifers, [email protected], bulk of cows, canning cows, EAST LIBERTY, Dec. 4.—Cattle steady; common. [email protected]; feeders, [email protected]; veal calvea, $6.50® 7. Hogs very slow; Yorkers mid heavy, $3.40®3.45; roughs, $2.25@3. Sheep slow; choice, [email protected]; common, $3®3.65: choice lambs, [email protected]; common to good, $4.50® 5.50. EAST BUFFALO. Dec. 4.—Hogs—Yorkers, good to choice. $3.45; roughs, common to good, [email protected]; pigs. $3.47‘,[email protected]. Sheep and lambs about steady: lambs, choice, $5.75; culls to common, $4.50®5.25: sheep, choice to selected wethers, $4.50®4.75; culls to common, s3® 3.75. CINCINNATI, Dec. A.—Cattle steady at $2.35®| 5.10. Hogs steady at [email protected]. Sheep lower at $2.50<a4.35; lambs lower at $2.5Q @5.35. LOUISVILLE, Dec. 4.—Cattle unchanged. Hogs—Receipts, 1,000. Market steady and un* changed. Sheep steady and unchanged. CLERGYMEN’S SALARIES. CongreitatlonH Act an If n Contract Were Not Binding. Washington Post. It is not an unusual, but none the les# pitiable, tale which the New York clergyman related when he said that although his salary was nominally $2,000 a year, it was in reality the sum which his congregation contributed in pennies, nickels and, dimes each Sunday—an amount not exceeding $lO. Upon this meager income he was compelled to live, and it is no wonder that he could not pay his bills. While every man should live within his income and, above all things, should pay his honest debts, we are really disposed to sympathize with the delinquent clergyman in this particular case. He had been promised a certain sum, and he had every reason to believe that at least a sufficient portion for his needs would be forthcoming. It was his congregation and not himself that was to blame for his unfortunate predicament. If there is one thing in which churches, as a rule, need to be mors careful it is in this matter of preacher’s salaries. With, an indifference and an insensibility which we cannot understand many churches seem to think that a contract between themselves and their minister is no contract at all. They promise him a definite salary and then pay him whatever is convenient. The gas man. the coal man, and even the sexton mu:t be paid, but the debt owing to the minister is looked upon as altogether righteous and proper. There is no question of his worthiness or painstaking devotion, no ciuibble as to the terms upon which he entered the pulpit. He is buMt as other men are. with the same stomach that needs satisfying, with the same body that requires clothing, and with that inability to camp out in the open air which necessitates a house over his head. Out of his superior grace, however, he is expected to observe with equanimity the monthly shortcoming in the matter of his aaiary and to preach honesty from the pulpit when h< is a standing example of unkept pledges. There are, of course, happy exceptions where churches do pay their pastors fully and promptly. We wcuid that the practice were universal. We would that all churches might be actuated by a rW sense of honor which would view arrears in the pastor** salary with the same abhorrence that an upright man regards theft. Os all men in the world the minister is worthy of his hire, and every obligation toward him should be met with scrupulous care. She’s n Bargain. Detroit Free Press. “Doesn’t your wife’s erase for bargains annoy you, Grumpy?” “Not at all. If she wants a half a dollar she never thinks of asking me for more than thirty-fine cents,” f

7