Indianapolis Journal, Volume 48, Number 7, Indianapolis, Marion County, 7 January 1898 — Page 7
THE L. A. KINSEY CO. INCORPORATED. CAPITAL. *ur,,ooo—riJLL PAID. —BROKERS— Chicago Grain and Prowsions Hew York Stocks. hong Distance Telephone. 1375 and Kill and Hi Mest Pearl street Cincinnati Office. Rooms 4 ana . Fnnkake* Vi/’* STRONG STOCK MARKET BROADER RANGE OF TRICES AND NET GAINS WERE SLOWED. ♦ - Outside Interest Appears in New York '( hunce, anil Hrokers More Busy—Local Trade Quiet. T ♦ At New York, yesterday, money on call was firm at 3®3% per cent.; last loan at 3; closing at per cent. Prime mercantile paper, 3%@4 per cent. Sterling exchange was strong, with actual business in bankers’ bills at $4.83 a4.8514 for demand and $4.82 ! %®4.83 for sixty days; posted rates, $1.83% and $4.86; commercial bills, 14.82. Silver certificates, 57%<&57%c; bar silver, 65%c; Mexican dollars, 45%c. At London bar silver closed uncertain at 26%(1 an ounce. Total sales of stocks, 35:),6(K) shares, including: Atchison preferred, 9,865; Chesapeake & Ohio, 4,211; Chicago, Burlington & Quincy, 26,010; Louisville & Nashville, 4,435; Manhattan, 25,220; Metropolitan Street-railroad, 6,9); Missouri Pacific, 5,980; New Jersey Central, 8,665; New York Central, 11,72a; Northern Pacific, 4,840; Northern Pacific, jreferred, 22,282; Ontario & Western, 3,355: Reading, 12,320; Rock Island, 9,205; St. Paul, 26,095; Southern Railroad preferred, 3,218; Union Pacific, 24,425; Chicago Great Western, 8,050; People’s Gas, 6,180; Laclede Gas, 4,116; Sugar, 41,950; Western Union, 4.852. Yesterday’s New York stock market was broad, animated and strong throughout, and gains were maintained with only Insignificant reactions at a few intervals. The buying was on a very large scale, and was aggressive and confident. A number of prominent operators were in the movement, and their combined takings made up a large share of the total transactions of the day. But there was manifest an outside interest in the market, which was awakened .by Wednesday’s strength, and the commissionhouse business was on a fairly large scale. The investment demand for safe dividendpaying stocks and the heavy buying of bonds were also evidences of an infusion of new life into the market. It is likely that these dealings were due to the large amounts made available for investment by the January dividend and interest disbursements. Most of the dealings were professional, nevertheless, and they seemed to have been incited by the very conudent expressions of one of the largest and most dashing operators in the market and who was in large part the leader of last summer’s rise. Some of the most notable gains were achieved early in the day and were quite firmly held throughout, even in the face of very large transactions. There were suggestions of realizing in this, but all offerings were well absorbed. The closing was only slightly below the best and showed net gains of between 1 and 2 points for nearly all active stocks. Prices for American securities were f;ood in London and in Europe, and gave an mpetus to the rise at the opening, the international stocks being the first to advance. The next to feel the movement were the Vanderbilts, New York Central being conspicuous for the large buying and an extreme advance of 2 points. There was a report circulated that the active managers of these properties had been sharply admonished by the controlling interests that their hold on their positions would be made dependent on rates for t'affic being maintained on their lines. Report on the settlement of differences on the rates from the West also helped on the rise. The coalers all enjoyed marked gains on reports of increased business and better prices. Continued strength in Sugar also helped to sustain the market. The prevailing tightness of money showed the first decisive tendency toward easier rates, and while most loans were made at 3% per cent, the rate yielded to 3 per cent, and closed at that. There was a better demand reported also for commercial paper, though not sufficient to cause a yielding of the rate, which continued at 3% to 4 per cent, for choice grades. There was some outstanding short Interest in the market, and the covering of this helped on the rise. The bond market was even more active and stronger than stocks, and some notable gains were scored. There were two transactions of 3100.000 par value, one in Brooklyn Transit fives and the other In Wabash firsts. Commercial Cable fours gained 3%. Susquehanna & Western general fives 2*4. Missouri Pacific collateral trust fives 2. and Mobile & Ohio fours 1%. Total sales, <5,090,0-0. Government bonds were % higher all around. The following table, prepared by L. W Louis, Room 11, Board of Trade, shows the range of quotations: Open- High- Low- ClosN&nie. ing. est. est. ing. Adame Express 199 Baltimore & Ohio 14 American Express 115 American Spirits 8 American Spirits-pnef....... . 16% American Sugar 142% 143% 142 143% American Sugar pref 115 American Tobacco 89% 90% 89% American Tobacco pies 115% Atchison 12% 13% 22% 13 Atchison pref 30% 31 30% 31 Canada Pacific >4% Canada Southern 52% 53% 52V 4 53 Central Pacific 11 Chesapeake & Ohio 22% 22% 22% 22% Chicago & Alton 162 C\, B. & Q . 99% 100% 99% 100% C. & E. 1 52% Chicago Gas 96% •••• 96% 96% t\. 1. & L 8% C., I. & L. pref 29 C., C.. C. X St. L 34% .... 34% 35 Commercial Cable Cos 178% Consolidated Gas ... 177 Cotton Oil 22 Cotton Oil pref 75 Delaware & Hudson 112 112 112 112 D.. 1.. A- W # .... 354 Denver & Rio Grande 11% I>. & P,. G. pref 46% Erie 1 14v Erie first pref 39 Fort Wayne IGS% General Electric 34% 34% 34% 34% Great Northern pref 130 Hooking Valley 5% Illinois Central 101 4 Kansas & Texas pref 35% 36% 35% 36 Lake Erie ft Western IG% Lake Erie & Western pref 7,% Lake Shore 372% Lead Trust v*% 37% 86% 37% Louisville ft NashvPle 56% 56% 55% 56% Manhattan 112% 112% 112 112% Michigan Central . 101 Missouri Pacific 34% 3!% :•% 84% New Jersey Central 96% <;s 9t;% :i7% New York Central 107% IU9 107% I*>B% Northern Pacific 21% Northern Pacific pref 59% 60% f.9% 6'i% Northwestern 121% 122% 121% 122 Northwestern pref JM% Pacific Mall 30% 30% 30 50% Pullman Palace 172% Reading 22% 23% 22% 53% Rock Island 89% 91 89% 90% St. Paul 94% 95% 94% 95% St. Paul pref 143% St. Paul & Omaha 76% 77% 76% 77% St. Paul A Omaha pref 148 Southern Pacific .. 20% Tennessee Coal and Iron 11% Union Pacific 26% 27% 26% 37% t T . S. Express 40 U. S. Leather 7 U. S. Leather pref 63% 84% 63% 61 V. 8. Rul>l>er k .... 16 U. S. Rublier pref 63% W.. St. L. & P 7% W„ St. L. & P. pref 16% Is% 18% NVells-Fargo Express 110 Western Union —<9o% 91% 90% 91% Wheeling & Lake Erie 2 W. & L. E. pref 8% U. S. Fours, reg . 112% IT. S. Fours, coup.... 113% U. S. Fours, new, reg 125% V. 8. Fours, new. coup.... 128% Thursday** Bank (Tearing*. At Chicago—Clearings. $20,009,926. New York exchange 65c. Foreign exchange, posted rates, *4.84 and $4.86. At Baltimore—Clearings, $3,229,033; balances, $539,284. At Philadelphia—Clearings, $13,086,470; balances, $2,338,847. At St. Louis—Clearings, $5,824,402; balances. $062,661. A' Memphlfr-Clcarlngs, 9664,271; balances. At New Orleans—tier,rings. $2,241,499. At Cincinnati—Clearings, *2,493,400. At New York—Clearings, $157,624 649; balances, $14,248,475. At Bogton—Clearings, ?20,118,123; balances, $2,137,456. A 1 LOCAL GRAIN AND PRODUCE. Rainy Day Checked Trade Somewhat— Prire* Firm and Steady. The rain of yesterday more or less curtailed trad* In some fines, hut grocers, dragglets and commission houses had a very good day. In m= - eral tines, such as dry goods, hats and caps and millinery, it is between season*, still more Is doing in the last lines named than in January last
j - ear. On Commission row business i spoken o? as being quite satlslaconr. The apple market is overstocked and prices easier. Irish potatoes are in good request and firm. The same Is true of cabbage. Oranges are selling at better prices. The poultry, egg and butter markets rule easy at quotations. T t.e provision market is quite active. Prices on some descriptions of hog pro-1 lets is easier. 3he flour market is unsettled. The local gu t j n market continues active. Receipts for ten davs past have been the heaviest in many months, but all arrivals are readily taken at the following tange of prices on track, as furnished by the secretarv of the Board of Trade; Wheat—No. 2 red, 91c; No. 3 red, S7@SBc; January. 91c; wagon wheat, 9lc. Ccrr. —No. 1 white, 27%c; No. 2 white, 27%c; No. 3 white, 27%c; No. 4 white, 24n>c; No. 2 white mixed, 26%c; No. 3 white mixed. 26%e; No. 4 white mixed, 23%e; No. 2 yellow, 26%c; No. 3 yellow. 26%c; No. 4 yellow, 2S%c; No. 2 mixed, 26%e; No. 3 mixed, 26%c; No. 4 mixed, 23%c; ear corn, 22c. Oats —No. 2 white, 25c; No. 3 white, 23c; No. 2 mixed. 23c: No. 3 white mixed. 22c. Hay—No. 1 timothy [email protected]|. No. 2 timothy. $6 C 7 6.f-0. Inspections: Wheat—No. 3 red. 2 cars; rejected, 1 car; total, 3 cars. Corn—No. 3 white, 40 cars; No. 4 white, t car; No. 3 yellow, 24 cars: No. 3 mixed, 28 cars; No. 4 mixed. 1 car; total, 94 cars. Oats—Rejected, 2 cars; total, 2 cars. Poultry and Other Produce. (Prices paid by shippers.', Poultry—Hens, sc; springs, 5® 6c; cocks, 3c; hen turkeys, s®6c, toms. 5® 6c; young turkeys, 7®sc; ducks, 5%c; geese. 40c tor fuii feathered; 30c for plucked. Butter —Country, choice, li®l2c; mixed, 8® 10c. Eggs—Strictly fresh, 19c. . Feathers —Pnme geese, 30c per lb; prime duck, 10® 17c pe r lb. Beeswax —30c for yellow, 25c for dark. Honey—l2® 15c per lb. . , Wool —Medium, unwashed, 19®20c; tub-washed, 20ft2’,c: burry and unmerchantable. 5c less. Game—Babbits 60ft65c; short-bill snipe. $1.25© 1.50 Iter doz; Mallard ducks, [email protected] iter doz; prairie chickens. $1.50ft2 per doz. HIDES. TALLOW. ETC. Green-salted Hides —No. 1,9 c; No. 2, 7%c; No. 1 calf, loe; No. 2 calf, B%c. Grease—White, 3c; yellow, 2%c; brown, 2%c. Tallow —No. 1. 3c; No. 2, 2%c. Bones—Dry. sl2® 13 per ton.
THE JOBBING TRADE. (The quotations given below are the selling prices of the wholesale dealers.) Cundie* and .Nut*. Candies—Stick, 5%®6c tier lb; common mixed, s%ft6c per lb; G. A. K. mixed, 6%c; Banner twist stick, 8c; cream mixed, 9c; old-time mixed. Nuts —Soft-shelled almonds, ll@13c; English walnuts. 9ftl2c: Brazil nuts, 10c; filberts, 11c; peanuts, roasted, 7@Sc; mixed nuts. 10c. tunueil Goods. Corn, [email protected]. Peaches—Standard 3-lb, $1.50® 1.75; seconus, si.2oft 1.30; 3-lu pic. 85®9(Jc; California standard, $1.?5®2; California seconds, sll-40 ©1.50. Miscellaneous—Blackberries, 2-lb, 66@70c; raspberries, 2-lb, 90®35e; pineapple, standard, 2-lb, sl.loCnl.2u; choice, $24*2.50; cove oysters, 1-lb, full weights, 85@95c; light, 60#65c; string beans, 70®90c; Lima beans, $1.1001.20: peas, marrowfats, 85c©it. 10; early June, 90c®1.10; lobsters, $1 baft2; red cherries, 90cft* 1; strawberries, 90®) 95c, salmon, l-lb, $1.10®2; 3-lb tomatoes, 95c@$l. Coul sml Coke. The following are the prices on coal and coke as retailed in this market: Anthracite coal, $7 !>e-r ton; Pittsburg lump, $4; Brazil block, $3; Winifrede lump, $4; Jackson lump, 84; Greene county lump, $2.75; Paragon lump. $2.75; Greene county nut, $2.50; Biossburg coal, $5; crushed coke, *3 per 25-bu; lump coke, $2.75; foundry coke, $6 per ton. Drugs. Alcohol, $2.36®.2.50; asafetida, 25@30c; alum, 2% @4c; camphor, a>ft4sc: cochineal, o0®6oc; chlorolorm, 65®70c; copperas, brls, bo®6sc; cream tartar, pure, 33®38c; indigo, 65©80c, licorice, Calab., gcuume, 30''j.40c; magnesia, earb., 2-oz, 25®30c; morphine, p. <s2 \V., per oz, $2.0i>©2.30; madder, 14 ®l6c; oil, castor, per gal, $1.12441.15; oil, bergamot. per lb, *2.75; opium, $3; quinine, P. & W., per oz, 35® 40c; balsam copaiba, 50®60c; soap, castiie, 4 r., 12ft 16c; soda, bicarb., 4%®>6c; salts, Epsom, 4ftoc; sulphur, Hour, o©6c; saltpeter, b@l4c; turpentine, 30ft.400; glycerine, 13%®15c; iodide potassium, $2.66®2.60; bromide potassium, 55®bUc; chlorate potash, 20c: borax, 7®sc; clnchonida, 20® 25c; carbolic acid, 30ft32e. Oils—Linseed. 40®42c per gal; coal oil, legal test 7® 14c; bank, 40c; best straits. 50c; Labrador, 60c; West Virginia, lubricating, 20®30c; miners’, 40c; lard oils, winter strained, in brls, 40c per gal; half brls. 3c per gal extra. Dry Good*. Bleached Sheetings—Androscoggin L, 5%c; Berkley, No. 60, 7%c; Cabot, 5%c; Capitol, 4%c; Cumberland, 5%c; Dwight Anchor, tja*o; Fruit of the Doom, G%c; Farwell, 5%c; Fifchvllle, 5%e; Fuli VVicth, 4%c; Gilt Edge, oc; Gilded Age, 4%c; Hill, 5%c; Hope, 5%c; Dinwood, 6c; Lonsdale, 6%c; Peabody, 4%c; Pride of the West, 10%c; ten Striae, j%c; Pepperell, 9-4, 15c; Pepperell, 'O-4, 16*-c; Androscoggin, 9-4, 10%c; Androscoggin, 10-4, 18c. Brown Sheetings-Atlantic At Argyle, sc; Boott C, 4%c; Buck's tread, 5%c; Clifton CCC, sc; Constitution, 4U-inch, 6c; Carlisle, 40-inch, 7*..c, Dwight’s Star, 6%c; Great Falls E, s Vic; Great Falls J, 4%c; Hill Fine, 6%c: Indian Head. 6c; Pepperell R, 4%c; Pepnerell, 10-4, 14c; Androscoggin, 9-4, 15c; Androscoggin, 10-4, 16%c. Prints—Allen dress styles, 4%c; Allen's staples, 4%c; Allen TR, 4%c; Allen's robes, 4%c; Americun Indigo, 4c; Arnold LLC, 6%c; Cocheco fancy, 4%c; Cocheco madders, 4%c; Hamilton fancy, 4%c; Merrimac 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, S%e: black white, 3%c; grays, 3%c. Ginghams—Amoskeag staples, 4%c; Amoekeag Persian dress, 6c; Bates Warwick dress, £%c; Lancaster, 4%c; Lancaster Normandles, 6c; Renfrew dress styles, 6c. Kid-finished Cambrics—Edwards, 3%c; Warren, 3c; Slater. 3%c; Genesee, 3%c. Grain Bags—Amoskeag, $13.50; American, $13.50; Franklinville, sl4; Harmony. sl3: Stark, sl6. Tickings—Amoskeag ACA, 9%c; Conestoga BF, 12%e; Cordis, 140. 9%c; Cordis FT, 9%c; Cordis ACE. 10c; Hamilton awnings, 9c; Kimono fancy. 17c; Lenox fanev. 18c; Muthuen AA. 10c; Oakland AF. 6c; Portsmouth, 10%c: Susquehatina, 12c; Fhetucket SW, 6%c; She-icket F, 7c; Swift River, sc. Floor. Straight grades, $4.75@5; fancy grades. $5.75@6; patent flour, $5.75®6; low grades, [email protected]. Groceries. Sugars—City prices: Dominoes, 6c: cut loaf, 6.13 c; crushed. 6.13 c; powdered, 5.69*; XXXX powdered, 5.75 c; standard granulated, 5.50 c; fine granulated, 5.50 c; extra fine granulated, 5.63 c; coarse granulated. 5.63 c; cubes, 5.69 c; mold A, 5.75 c; diamond A 5.50 c; confectioners' A. 5.38 c; 1 Columbia A — Keystone A, 5.13 c; 2 Windsor A—American A, 5 lac - 3 Ridgewood A —Centennial A, 5.06 c; 4 Phoenix A—California A. sc; 5 Empire A—Franklin B. 4.88 c; Ideal Golden ex. C—Keystone B, 4.81 c; 7 Windsor ex. C—American B. 4.75 c; 8 Ridgewood ex. C—Centennial B, 1.69 c; 9 yellow ex C-California B, 4.63 c; 10 yellow C—Franklin ex. C 4 56c; 11 yellow—Keystone sx. C, 4.50 c; 12 yel-low-American <-x. C, 4.14 c; 13 yellow—Centennial ex C 4.88 c; 14 yellow—California ex. C, 4.31 c; 15 veilow. 4.25 c. 16 yellow, 4.19 c. Coffee—Good, 13®14c: prime, lo@16c: strictly prime, 16®18c; fancy green and yellow, 18@22c; java, 28®32e. Roasted—Old government Java, 32*- <U32c; Golden Rio, 24c; Bourbon Santos, 24c; Glided Santos. 24c; prime Santos, 23c. Package coffee —cil v prices—Ariosa, 10.90 c; Lion, 10.90 c; Salt—ln car lots, 90ft95c; small lots, 95c@$l. Spices—Pepper, 10ft 18c; allspice, 10@15e: cloves, 15ft20c; cassia. 13®15c; nutmegs, 65@75c per lb. Molasses and Syrups—New Orleans molasses, fair to prime, 28@S3c; choice 35®40c; syrups, 23® 35c lieans—Choice hand-picked ravy, $1.10®1.25 per bu; medium hand-picked, ! P *1.20; Limas, California, 3%<a3%c per lb. 510t—51.35®1.40 per bag for *”). Lead—6>A®'7c for pressed bars. Flour Sacks (paper)—Plain. 1 1 per 1,000, $3.5v; 1-16 brl, $5; % brl, $8; % 16: No. 2 drab, plain. 1-32 brl, per 1,000, $4.2 % brl, $6.50; % brl. $1<1; v, brl. S2O; No. 1 cv>. -• p.aln. 1-32 brl, per 1,000. $7; 1-16 brl. $8.75; *■- Tri. $14.50; % l : rl. S2B 50. Kxtra charge 'or pi'nllng. $1.10®1.15. Twine —Hemp. 12®18c r n-. 20ft 30c; ]<uper, 2£c: Jute, '2ftl3' - tion, U®2ac. Wood Dishes—No. 1. rer l,C* slftl.'.ia; No. 2. sl.2*ft 1.40; No. 3, $1.60(01 SO; No. s2®:!.2a. Woodenwaro —No. 1 tubs, $6®6.25; No. 2 tubs. $5.25ft 5.50; No. 3 tubs, $4.23ft4 :/); 3-hoop pails, $1.40®1.50; 2-hoop pails. $1.15®1.20; double washboards. $2.25ft 2.75: common washboards. $1.25® l.fO; clothes pins. 40ft50c per box. Rice—Louisiana. 4' ®5Hc; Carolina. 5@7%c. Leather. Leather —Oak sole. 27@30c; hemlock sole, 24® 2'6c; harness, 30@36c; skirting. 34 ft 41o; single strap, 38ft 41c; city kip. 60ft Ssc; French kip. 90c® $1.20; city caltskln, 90c@.?1.10; French calfskin, [email protected]. Nail* and llorseslioe*. Steel cut nails, $1.75; wire nails, from store, $1.90y2 rates; from mill. $1.75 rates. Horseshoes, per keg. $3.50; mule shoes, per keg, $4.50; horae nails. 4®5 per box. Barb wire, galvanized, $2; painted, $1.75. Provisions. Hams—Sugar-cured, IS to 20 lbs average, ?%® 9%e; 15 lbs average, 8%®9%c; 12 lbs average, 9%ft) lo%c: 10 lbs average, 10ftl0%c; bloek hams, B%® 9c; all first grades; seconds. %c less. Breakfast Bacon—Clear firsts, 10® 11c; seconds, 9ft 9%c. Lard—Kettle-rendered, In tierces, 6%c; pure lard, s:c. Shoulders —1C lbs average, 6%c; 12 to 14 lbs average. 6%c Pickled Pork—Bean pork, dear, per brl, 200 lbs, sl4; rump polk, $10.50. Bacon —Clear sides. 40 to 50 lbs. average, 6* z c; 30 to 40 lbs average, 6%0; 20 to 30 lbs average. 7%e; bellies. 25 lbs average. G l/ e: 18 to 22 lbs leverage. 6%e: 14 to 16 lbs average, 7%c. Clear backs, 18 to 22 lbs average, 6%c; 10 to 14 lbs average, 6%c; 7 to 9 lbs average, 7c. In dry salt, %c less. Produce, Froit* and Vegetable*. Apples—Choice cooking. $3.50, fancy eating apples, $4 per brl; extra ttne, $4.50; Ben Davis, $2.75. Bananas—Per bunch, No. 1, $1®1.50. Cabbage—6s®7oc per brl; Holland seed, 80®85c. Turnips—sl.so per brl; rutabagas, $1 per brl. Onions—s2.so per brl; red and white onions, $2.50; Spanish onions, per crate, $1.75. Cranberries—s2.so per bushel crate; S7.SO@S per bI Grapes—Almerio grapes, [email protected] per brl, according to quality and weight. Cheese—New Volk tull cream. 14c; skims, 6©Bc jar lb; domestic Swiss 15c; brick. 11c; Umburger, Oranges- Mexican, *3.50 per box; Florida, $4 t>er box; California. $3.75. Lemons—Messina, choice, 300 to box, $3; fancy. 300 to box, $4; fancy, 360 to box, $3.25®3.75. Potatoes—s2.lo per brl; 70c per bu. Sweet Potatoes— Jersey. $4; Illinois sweets, $3. <'elerv—ls®2se |>er bunch. Sweet Cider—s4.7s per brl; $2..0 per half brl. Iron uud .Steel. Bar Iron—l.so® 1.60 c; horseshoe bar. 2%®2%e; nail rod, 7c; plow slabs, 2%c; American cas' steel, 9®lie; tire steel, 2%®3c; spring steel. 4% Window Olastt. Price per box of 50 square feet. Discount, 60. sx to loxlo—Single; AA. $7; A, $6.50; B, $0.25C ;6. Double; AA, $9.50; A, $8.60; B. $8.25, ’ 11x14 and 12x18 to 16®24—Single: AA, $8; a $7.25; B, $7. Double: AA. *10.75; A, $9.25; pp and 20x20 to 20x36 Single: AA. $lO 50- a S9W: B. $9. Double: AA, sl4; A. $12.75; B. j’to ’ * 15x36 to 24x30—Single: AA. sll.fit); A. slo* ' $9 25. Double: AA. $15.25: A. $13.75; B, $12.25 ’ 26x28 to 24x36 -Single: AA. *l2; A, *10.50- B *9.50. Double: AA. sl6; A. 514.50; B, *13.25. ’ 26x31 to 28x32 and 30x70 to 26x44—Single 11 $12.75; A. $11.75; B. $10.25. Double: AA, tV.&' A tlfi.fO; R *l4 * 26\46 to v'*t Slnshy. NA. sls; A. $13.50; B sl2 Double: VA, *l9 .a; $18; B. slfl. * Doubie: AA, $22.75; A. ‘21.25; B. S2O. , S*?d*. Clover- * home, lecltaned. 60 lbs. $2.60®2,75prime. s2.k>®3; lv..gliab. choice. $2.66®2.50; aTsike.’
THE INDIANAPOLIS JOURNAL, FRIDAY, JANUARY 7, 1898.
choice. [email protected]; alfalfa, choice, ?4.40®4.60; crimson or scarlet clover. S2®2.SO: timothv, 45 ibs, *1.50® 1.60: strictly prime, *1.50®1.T0; fancy Kentucky. 14 lbs. 13G1.25; extra clean. 60®75c; orchard grass, extra. *1.75®1.90; red ton. choice. 80c®$1.40; English bluegiass. 24 ibs. $1.15®1.75. VITAL STATISTICS—JAN. 6. Death*. Joseph Petrasch, sixty-three years. North Indianapolis. Bright’s disease. Christina Koch, seventy-three Tears, 16 Lockerbie street, old age. Mrs. Rembusch, thirtv-two years, 1301 Massachusetts avenue, brain disease". Mary A. Todd, thirty vtars, 34 Gale street, hemorrhage. Madeline Boynton, three rears, 748 East Washington street, croup. Nicholas Fender, ie Lafayette street, asphyxia. Charles Denny forty-one years, City Hospital, pneumonia. Elizabeth Avery, sixtv-eight years, 2233 North Capitol avenue, pneumonia. Births. Hattie and Charles S. Felton, 2137 North Senate avenue, hoy. Reila and Edward Fisk, 1399 Harlan street, hov. Laura C. and Albert J. Kaylor, 1406 Martindale avenue, girl. Anna and J. H. Wright, 25 Birch avenue, girl. Lizzie A. and Albert Strausburg, 1307 West Thirtieth street, boy. Louise and Christian H. Hansen, 1133 Olive street, girl. Bridget and Charles B. Midholf, 205 North Blake street, girl. Marie and Frank Newell, 323 East Norwood street, boy. Katie and John McShea, Sixteenth street and Columbia avenue, boy. Mrs. and E. A. Kennett, 919 North Capitol avenue. boy. Ruby and John Hogan, 624 East Court street, girl. Lois and Fred Miller, 131 South Blackford street, girl. Mrs. and John O’Brien. Mather street, boy. Maggie and Bruce W. Maxwell, 1776 North Capitol avenue, boy. Nettle and Charles H. Kurtz, 233 East Michigan street, girl. Emily and Elmer Fender, 16 Lafayette street, boy. Ida. and John Johnston, 23 West Washington street, girl. Kate and John O’Conner, 534 West Pearl street, boy. Mary A. and Charles Mclntyre, 109 Wallace street, girl.
Nlurringe Liceniie. John M. Pressley and Anna L. C. Coleman. THE LEITER WHEAT DEAL. Armour Keeping the Bull Gae**lng and Great Losse* May Follow. New York Press. There is the curious situation in Chicago of a man trying to deliver to another man the goods the first man bought, and thereby break him, although the market price of the aforesaid goods is greater now than that at which they were bought. This is about the situation of the Armour-Leiter duel which is now going on. Another interesting thing about it is that the attempt of Armour to deliver wheat to Letter which that young man had bought is the biggest individual attempt at wheat delivery which the world ever saw or probably ever will see. For several months Joseph Leiter has been sending up the price of wheat on the Chicago Board of Trade by his large buyings. Finally his dealings came down to this: that “Phil” Armour was to deliver to him in December several million bushels of wheat. How much nobody knows except those interested, and they won t tell. Rumer has it that 10,0*X),000 bushels is the amount. Now, when Mr. Armour found himself with this big contract on hand navigation on the great lakes was closing—had, in fact, partly closed—and the season’s traffic was supposed to be over. It is said that the w r heat which Mr. Leiter bought cost him on an average 88 cents a bushel. It is much higher now, and if Armour could not deliver the actual wheat he would have to pay Mr. Leiter the difference between the price Leiter bought for and the market price. Mr. Armour determined to deliver the wheat, and, incidentally, to have some sport with the finances of young Mr. Leiter. He telegraphed his agents in the Northwest to buy wheat. He hired tugs to keep the passage of the “Soo” canal free from ice anct he hired tugs to force a passage through the ice which had formed in the harbor of Duluth. A big fleet of steamers was hurried to Duluth and Fort William and long trains of cars were chartered. The people of Chicago were surprised to see ship after ship come steaming into port loaded down with wheat after the ordinary time of lake traffic had gone by for the season, and they said with surprise, “Why, Chicago has heretofore exported wheat, not imported it.” Then they learned that a battle of the giants was on. a battle between an old and tried giant and anew and untried one, and they shook their heads and said this time Goliath would “get the drop” on David. But Mr. Leiter, sr„ hurried to Chicago and held a consultation with his son, and is said to have told him to fight out the fight if it took every cent in the family locker. Then young Mr. Leiter said ’.o old Mr., Armour, “Before I accept the grain you have been at so much trouble and expense to bring me. as per contract, I must be assured that it is the kind of wheat ihe contract calls for.” Then Mr. Leiter had some of the wheat inspected, declared that it was not up to the contract and refused to accept it. One case has been decided ( in his favor and others are pending before ihe proper officials of the Board of Trade. Now. that wheat was hastily collected, and if Mr. Leiter can prove that a large part of it is not up to the contract, then that part is thrown back 011 Mr. Armour and that astute general is flanked. It may be asked “If Mr. Leiter bought the wheat for less than the market price today and Mr. Armour wants to give it to him for less than the market price, why does he not take it? If a/ man offers to sell me an overcoat for $3 and I accept, and before I get the overcoat from the shop the price goes up to $lO, I would be foolish not to carry out my part of the contract and take the coat for $5.” Very true; but what holds good in buying an overcoat does not hold true in buying ten million bushels of wheat. If Mr. Leiter accepted the wheat offered him and stored it his books would show that he was “ahead of the game,” for he would be possessed of so many bushels of wheat worth, say, 91 cents a bushel, for which he had paid only 88 cents a bushel. But in reality he would be away behind at the end of .a year. Nothing except a sudden, a great and unexpected demand would .pull him out even, for he would be possessed of an elephant which would be eating him out of house and home. Or, better still, his wheat would be ‘ike the farmer’s mortgage. The farmer can work all day, but the mortgage works all day and all night. The storage charges on that wheat and the interest on the money locked up in It and the interest on the money spent for storage charges would mount up so fast that there would be an area of retrenchment and economy in the Leiter family. If he attempted to get rid of It at onqe, the throwing of such a large amount of wheat on the market would send the price down like a shot. He could only get rid of it with safetly by selling in small lots from time to time. If he can refuse to take a considerable portion of the wheat offered because of its not being up to the contract, he may be able to take care of the part which he has to accept, and the part thrown back on Mr. Armour that gentleman will have to take care of e.r\d pay Mr. Leiter something to boot for not delivering all grain up to contract. It is pretty sharp generalship on both sides, and it may be that it will yet be a drawn battle, in which the losses will not be slight on either side. It is an interesting fact that the amount of wheat delivered to Mr. Leiter by Mr. Armour, or offered by him. is greater than that delivered at New York In any one month the past year—a year when the deliveries have been unusually heavy. In the month of October there was delivered at the port of New Y'ork something less than 8,000,000 bushels of wheat, and that was the heaviest month for deliveries in the year. Mr. Armour is supposed to have brought to Chicago for delivery to Mr. Leiter no less than 10,000,000 bushels. Pensions for Veterans. Certificates have been issued to the fol-lowing-named Indlanians; Original—Lewis O. Sheets. Riley, SO. Additional—Charles Wool* y. National Military Home. Marion. $2 to SO. Restoration and Reissue—Nathan Squires (deceased), Auburn, sl7. Increase—Adam A. Whitehead, Goshen, sl2 to $10; Easton Shipp. Franklin, sl2 to sl7; John Hymon Loogootee, $6 to sl2. Reissue—Newton Bledsoe, Prairie Creek, sl7. Reissue and Increase —George Carey, National Military Home, Marion. $6 to SB. Original Widows, etc.—Ellen Watson. Keystone, SS; Matilda J. Rice, Ellettsville, $8; Anna C. Sloan, Rock Creek. $8; Mary A. Struble, Ash Grove, $8: reissue, Deborah J. Collings, Underwood. sl2. Quite Dangerous Enough. Puck. Stapleton—That man Mildway is a good deal of a milksop—spends his vacations botanizing and that sort of thing. Now, I like a spice of danger in my amusements. Caldecott—Well, you and your football are not In it with Mildwav when it conies to danger. He discovers new varieties of mushrooms and eats the>m. The Difference. Chicago Record. “Women are smarter than men.” “Why do you think so?” “When a widow marries again she generally surprises all her friends, but when a widower marries again all the women who know him say he showed signs of it the day after his wife was buried.”
A FLOOD OF BEAR NEWS STARTED CHICAGO GRAIN MARKETS TOWARD A LOWER LEVEL. Cash Business Picked Cp Later and Prices Advanced—Provisions Scored Declines. CHICAGO, Jan. 6.—Bearish statistical nows predominated in !he wheat market for the first part of to-day’s session, and the price declined a cent. The improved cash situation started things the other way, and at the close May wheat showed advance over yesterday’s final price. July, however, closed %c lower. Corn after weakness became strong and closed VistD-ic higher. Oats were firm anJ advanced %&%c. Provisions declined News affecting wheat before trading commenced was chiefly bearish, and that was clearly the effect it had on the speculators. May, which closed yesterday at 90%c, opened at from 90c down to 89%c. For two hours the range of the fluctuations was practically limited between the extremes mentioned. The main points of the early market information were as follows: Liverpool quoted a decline of l%d to start with, and the reason for it was in one cablegram ascribed to liberal offerings of Argentine wheat and in another to Thoman’s reported bushels still available in this country. A private cablegram from Paris said wheat was rapidly declining, and the market was very weak and depressed. The Price Current remarked of the condition of winter wheat that it was generally protected by snow. The Northwestern receipts were also still too liberal to create fresh bullish sentiment. Minneapolis and Duluth received 367 carloads, compared with 583 cars last week, but they looked heavy when put against 209 a year ago, Russia’s encouragement to shipment of fleur to that country in preference to wheat in the shape of rebates in railroad freights of from 16 to 20 per cent, in favor of flour was also considered a reason for lower prices here. The only bullish feature of the early news was the small Chicago receipts. The number of carloads inspected here was forty-one, against eighty expected, and only three of the lot inspected up to contract. Some features of the local cash wheat market came into play later in the day and was one reason for a change that took place in speculative sentiment and turned despondency at the beginning into buoyancy in the latter half of the session. No. 3 spring was sold in car lots at 89c when May was quoted at 89%c, and generally the ors grades in the sample market were bringing more money by from lc to 3c per bushel than the same quality sold at yesterday. Tiie upward turn to the market was helped also by the liberal clearances from Atlantic ports, which in wheat and flour amounted to 560,000 bushels Reports from Baltimore were likewise forthcoming to the effect that three steamers had been chartered there for wheat, and New York also reported some fresh business done for export. Closing cables made Liverpool latest prices from l%d to l%d lower than those/of the previous day. Perhaps as influential a factor in the afternoon bulge as any was the fact that several heavy local shorts bought steadily for an hour when the price of May was between 89%c and 90%c, and when, owing to the late bullish advices from the outside, the general crowd that was short tried to buy it found the salable wheat had all been absorbed. The price for May slowly recovered to 90%c and moved up more rapidly to 90%(h90%c and closed at 90%c bid, or %c higher than it did yesterday. Corn was moderately active, following In its course the changes in wheat prices. The market was weak early with wheat, but when that market reacted corn advanced so easily that it appeared as if it had been pretty thoroughly liquidated. Near the close shorts became alarmed, and the best prices of the day were prevailing as the session ended. Commission houses and scalpers were the sellers. May ranged from 29%ft 29%c to 28%c and closed MsfuJ/ie higher, at 29%@29%c. Oats were firm throughout the session, even with wheat and corn weak. Shorts, both large and small, were constant buyers, and their operations caused a slow but steady advance in prices. The small supply of contract oats in Chicago tended to create some anxiety among shorts. A good shipping demand existed. May ranged from 22%®23c to 23%c and closed higher, at 23%@23%c. Provisions were weak from the start. Hog receipts both here and at Western points were heavy, which was regarded as sufficient cause for lower prices. Packers were free sellers, and the heaviness was added to as the session progressed. There was a little better demand at bottom figures. At the close May pork was 12%c lower, at $9.22%; May lard 7%c lower, at $4.82%, and May ribs 10c lower, at $4.62%. Estimated receipts for Friday—Wheat. 54 cars; corn, 555 cars; oats, 295 cars; hogs, 35.000 head. Leading futures ranged as follows: Open- High- Low- ClosArticles. ing. est. est. ing. Wheat—Jan 89% &o% 59% 90% May 90 90% 89% 90% „ July Bt% 81% 81 81% Corn—Jan 26% 26% 26% 26% May 28% 29% 28% 29% July 29% 30% 29% 30% Oats—Jan 21 21% 21 21% May 23 23% 22% 23% Pork—Jan $9.05 $9.03 $9.05 $9.05 May 9.23 9.27% 9.20 9.22% Lard—Jan 4.77% 4.77% 4.72’i 4.72% May 4.85 4,87% 4.82% 4.82% Ribs—Jan 4,50 May 4.67% 4.67% 4.62% 4.62% Cash quotations were as follows: Flour quiet. No. 2 spring wheat. 86%®87c: No. 2 red, 90%@91c. No. 2 corn, 26%®26%c; No. 2 yellow corn, 26%® 20%c. No. 2 oats, 22%c; No. 2 white, f. o. b., 24® 24%c; No. 3 white, f. o. b., 23®24c. No. 2 rye, 44%®44%c. No. 2 barley, f. o. b.. 28®39c. No. 1 flaxseed, $t,17®1.20%. Prime timothy seed, $2.67*A. Mess pork, per brl, $9.05®9.10. Lard, per 100 lbs, $4.72%. Short-rib sides, loose. [email protected]. Drysalted shoulders, boxed, $4.50®4.75. "Short-clear sides, loose, [email protected]. Whisky, distillers' finished goods, per gal, $1.19. Sugars—Cut loaf, 6.14 c; granulated, 5.51 c. Receipts—Flour, 25,000 brls; wheat, 28,000 bu; corn, 288,000 bu; oats, 341,000 bu; rye. 11,000 bu; barley. 60,<00 bu. Shipments— Flour, 16.000 brls; wheat, 16,000 bu; corn, 164,000 bu; oats, 451,000 bu; rye, 9,000 bu; barley, 21,000 bu.
AT NEW YORK. Ruling' Price* In Produce at the Seahourd’s Commercial Metropolin. NEW YORK, Jan. 6.—Flour—Receipts, 13,477 brls. Market ojtened dull and easy, but rallied later with wheat Rye flour slow. Buckwheat flour easy at $1.2361.35. Buckwheat dull at 37c. Com meal quiet; yellow Western, 66c. Rye steady: No. 2 Western, 55c. Barley easy; feeding, 33%®34c. Barley malt steady. Wheat—Receipts, 76,775 bu; exports, 129,933 bu. Spot firm; No. 2 red, $1.00%. Options opened weak on cables, declined under liquidation, short selling and scarcity of buying orders, but finally rallied very sharply on covering due to stronger late Antwerp cables and good export demand, closing net higher on near and %®%c lower on distant months; No. 2 red, January, 97 l-16®97%e closed at 97\c; Mar. 91 il-16@92%c, closed at 92%c! Com—Receipts, 51,675 bu; exports, 165,909 Ju. Spot firm; No. 2, 35®35%c. Options opened steady, eased off with wheat, but rallied on good general buying from all sources and closed unchangedJanuary closed at 33V a c; May, 33%@34V 4 c, closed at 34%c. Oats—Receipts, 228,800 bu: exports, 114.204 bu. Slot steady; No. 2, 28%®28%c. Options quiet, but stronger on a. good demand West, closing %c net higher; May. 27%®28%c, closed at 28%e. Hay quiet. Hops steady. Hides steadv. Leather quiet. Wool steady. Beef firm. Cut meats steady. Lard steady; Western steam, $3.05; refined quiet. Pork steady. Tallow nominal. Rice quiet. Molasses steady. Cotton seed oil quiet and fairly steady: prime summer yellow, 22®22%c; off summer yellow. 21’^ft22c. Coffee—Options opened steady at unchanged prices to 5 points decline, worked within very narrow fluctuations, with weak undertone under dlsaooointmg cables and increasing si"‘ selling checked by diminished receipts at Rio and Santos and increased warehouse deliveries of the I,'ntted States; closed steady with prices 5 points up to a decline of 5 points. Sales. 7,250 bags, inc'udingJanuary. 5.55 c; March. 6.7‘®3.80c. Spot coffee--Rio easy; No. 7. invoice. 6%.-; No. 7, jobbinf, 6%c. Mild easy; Cordova, B%ftisc. Rio—Receipt 4,3 000 bags; cleared for the Fnited States. 2.000 bagsCleared for Europe, 13.000 bac?; stock, 374,000 bags’ Total warehouse deliveries from the United States, 19.765 bags, including 18.191 bags from New York. New York stock . tedav. 529,931 ba-so United States stock, 701,662 bags; afloat for the Unitfed States. 471.000 bags; total visible for the United States, 1,174,662 bags, against 724.472 bags last year. Sugar—Raw steady: fair refining, S-V:; centrifugal, 96 test, 4%c; refined steady. TRADE IN GENERAL. Quotations at St. Lonis, Baltimore, Cincinnati nl Other Placea. ST. LOUIS, Jan. 6.—Flour dull and unchanged. Wheat irreeular, closing %c below yesterdav for May, with July off. May ojaned %c lower, recovered *4c, declined %®%e, and subsequently advanced 1 l-16c, closing witli buyers %c lie low the top. Spot lower; No. 2 red. cash, elevator. 92%e; track, 93c: No. 2 hard, cash, S7e; Januury. 93c; May, 9,i%c bid; Julv, 73c. Corn—Futures "fluctuated with wheat, finally closing within %e of the top and %c above yesterday. Spot higher; No. 2. cash, 23- c: January. 26c asked: May. 27%c bid": Jill*'. 28%c. Oats—Futures dull, but firm anti higher. Spot eteadv; NO. 2, cash, elevator, 23c;
track. 23Vic; January. 25 Vic: Mar. 23?4c: No. 2 white, 24',*.® 25c. Rye lower at 44He. Flaxseed higher at $1.14. Com meal. $1.40. Bran firm and in demand: sacked, this side, 53@;54c; sacked, east track, 52® 54C-C. jrrime timothy seed. 52.30. I lay easy on account of heavy receipts; prairie. s7® 8.50; timothy, $6.5*9&’9.50. Butter dull: creamery, l?®22c; dairy, 9®l7c. Eggs firm at ISc. Whiskv. $1.19. Cotton ties and bagging unchanged. Pork quiet: standard mess Jobbing. J9.l2V£. Lard easy: prime steam. $4.55: choice, $4.62'-:. Bacon—Boxed lots—Extra short-clear. $5.12e®5.37’-j: ribs. $5.2.. q ; 5..",0; shorts. ss.S7'<,,®3.t;2Vi. Dry-salt meats—Boxed shoulders and ribs. $4.7505; extra short-clear. ?4.62L®4.87*: shorts, $4.57C,®5.12Vi- Receipts— Flour. 5,000 brls: wheat. 19.000 bu; corn. 100,000 bu: oats 23.000 bu. Shipments—Flour, 7.050 brls; wheat. 15.000 bu; corn, 107.000 bu: oats. 31,000 bu. BALTIMORE. Jan. 6.—Flour inactive and steady; prices unchanged; receipts., 6,486 brls; exl>orts 43.685 brls. Wheat steady at decline: spot and mont 95*k®9.3’-c; February. 96G® 96’ *'■ May, 92>c bid; steamer No. 2 red, 90%®90%c: receipts. 31,029 bu: exports. :-.7J0 bu: Southern wheat by sample. 90'S56c: Southern wheat on grade, 9PV 4 ® IT-be. Cera firm; spot, month and February. 23% fi23Vc: steamer mixed. 30'^@30440; receipts. 179J.31 bu; exports, 202 025 bu; Southern white corn. 29® 35c: Southern yellow. 30®33c. Oats firm; No. 2 white, 29V®30c: No. 2 mixed, 27V4©2Sc; receipts. 23.06S bu; exports, nc ne. Rye easy: No. 2, nearby. 52V,c; No. 2 Western. 53®53%c; receipts, 1 v .44b bu; exports. 25.714 bu. Hay firm: “hoiee timothy, sl3. Grain freights quiet: steamer in limited demand: rates unchanged. Butter unchanged. Eggs and cheese steady and unchanged. CINCINNATI, Jan. 6—Wheat—No. 2. nominal at 91c. Lorn firmer: No. 2 mixed, 29c. Oats firmer: No. 2 mixed. 24c. Rye easier; No. 2,46 c. Lard easier at $4.05. Bulk meats firm at $4.4.'. 33acon steady at $5.50. Whitfky quiet at $1.19. Butter oulet.’ Sugar firm. Egg% steady at 16 l 4c. Cheese firm. TOLEDO. Jan. 6.—Wheat firm; No. 2, cash, 90’4c; May. 92c. Corn active; No. 2 mixed, 27Vic. Oats dull and steady; No. 2 mixed. 22c. Rye dull and lower; No. 2, cash, 46c. Clover seed active and easier: prime, cash, $3.20. Oil unchanged. LIVERPOOL, Jan. 5.-Pork firm and unchanged. Hams—Short-cut firm at 375. Bacon —Clear bellies dull at 36s 6d. Corn-Spot American mixed quiet at 3s 2Vd; futures quiet; January, 3s l%d; February, 2s lVfed; March. 3s l%d. DETROIT, Jan. C.—Wheat— No. 1 white and No. 2 red. 90Lc: May, 91.fec. Corn—No. J! mixed, 30c. Oats —No. white. 25c. Rye—No. 2, 47Vt:e. Butter, Egg* and Cheese. NEW YORK. Jan. 6.— Butter—Receipts. 3,109 packages; market steady; Western creamery, I;>® 22c; Ei-ir> 22c; factory, 12®15e. Cheese—Receipts, 820 packages; market steady; large white, September. B%@BYc: small white, September, 9V,® 9V£e; large colored, September, BVi©B?4c; small colored. September. 9H@9V4c: light skims. C@6 ic; part skims. 4Vfe®sVc; full skims, 2V4®3>ie. Eggs— Receipts, 2.621 packages: market quiet; state and Pennsylvania, 21@24c; Western, 20@22e. KANSAS CITY, Jan. 6.—Butter unchanged; creamery. 16CilXe: dairv. 13@luc. Eggs—Receipts increasing, but still light and in good demand. The market is firm. Fresh candled Missouri and Kansas stock. 21c dozen, eases returned; storage, 12© 14c, loss off, eases included. PHILADELPHIA, Jan. 6.—Butter steady; fancy Western creamery. 22%c; fancy Western prints, 24c Eggs firm; fresh, near-by. 21c; fresh Western, 21c. ~ Cheese firmer: New York factory, choice, •, ti'-i ; factory, fair to good, 8!4@8%c. Refined sugar unchanged. CHICAGO, Jan. C.~On the Produce Exchange, to-dav. the butter market was steady; dreamery, 15©21c: dairy, 12®18c. Cheese quiet at B&B*sc. Eggs steady; fresh, 22e. on*. SAVANNAH, Jan. G.—Spirits of turpentine firm at 31c; sales, 401 brls; receipts, 348 brls. Rosin firm; sales. 4.341 brls; receipts, 6,776 brls Quote: A, B. C, D. $1.20: E, F, $1.25; G, $1.40; 11, $1.60; I, $1.75; K. $1.85; M, $2; window glass, $2.45; water white, $2.80. OIL CITY, Jan. 6.—Credit balances, 65c. Certificates—No bid for regular o-tions; first bid for cash. 65V tC ; closed at 65Mc bid; shipments, .0,361 brls; runs, 87,170 brls. WILMINGTON, Jan. 6. Spirits of turpentine firm at SOtfßiO’jc. Resin firm at [email protected]. Crude turpentine steady at [email protected]. Tar firm at $1.05. CHARLESTON. Jan. 6.—Spirits of turpentine firm at 30%c; sales, none. Rosin firm and unchanged; sales, none. NEW YORK, Jan. 6.—Petroleum dull. Rosin quiet. Spirits of turpentine quiet at 33V4@33%c. Dry Goods. NEW YORK. Jan. 6.—The feature of the dry goods market has been the slump in print cloth prices, the report of sales at 2 8-16 c being veritted. This is a new' record for low prices on print cloths, and sales have had a decidedly dcgitssing effect on tile market. No further sales wera reported to-dav. but this is accounted for by the statement that bids are now being made on a basis of 2V&C for snot extras. This is in consom nee with the depressed condition of the cotton gtods market. The market for staple cottons has been dull again to-day. In prints the business passing is still limited. Agents are actively employed, but business does not come up to expectations. Cotton. NEW ORLEANS, Jan. 6.—Cotton steady; sales, 8,650 bales; ordinary, 4 5-16 c; good ordinary, 4 il-16c; low middling, ac; middling, 5 5-16 c; good middling fair, 6c; receipts, 17,102 bales; stock, 513,911 bales. MEMPHIS, Jan. 6.—Cotton steady; middling. 5%c; receipts. 2,774 bales; shipments, 5,651 bales; stock. 146,981 bales; sales, 4,000 bales. NEW YORK, Jan. 6.—Cotton closed dull; middling uplands. 5 15-16 c; middling gulf, 6 3-16 c; sales, 1,078 bales. Metals. NEW YORK. Jan. 6.—Pig iron warrants dull at $6.65©6.70. Lake copper unchanged at 10.S5@11c. Tin quiet at 13.75~13.50c. Spelter quiet at 3.90®4e. Lead very dull at 3 85®3.72’,Vc. The firm that fixes the settling price for miners and smelters calls the lead market firm at 3.55 c. ST. LOUIS, Jan. 6.—Lead dull at [email protected]!&c. Spelter dull at 3.75 c. sellers.
LIVE STUCK. Cattle Scarce and Steady—Hog* Active and Higher—Sheep Steady. INDIANAPOLIS. Jan. 6.—Cattle—Receipts, 400; shipments, light. The market was not quotably changed from yesterday. Kxport grades $4.73@ 5.10 Shlpj>ers, medium to good 4-20@ 4.50 Shippers, common to fair Feeders, fair to good Stockers, fair to good .<a@ 1.10 Heifers, common to prime 2.50® 3.J0 Heifers, good to choice 3.70(* 4.20 Cows, good to choice '*•_ Cows, fair to medium 2.<o@ 3.20 Cows, common and old 1.50@> .•>) Veals, good to choice 5.00@ 6.00 Veals, common to medium 3.50® 4.50 Bulls, good to choice 3.25@ 3.75 Bulls, common to medium 2.25@ 3.00 Milkers, good to choice [email protected] Milkers, common to medium [email protected] Hogs—Receipts, 7,C00; shipments, 3,000. The supply was only fair compared with the first half of the week. The market opened strong and usually 2'*c higher for exceptionally fine, but others were 5c higher. Packers and the order trade were active and liberal buyers. All sold in good season, the closing being steady. Light t3.4^’.57% Mixed [email protected] Heavy packing and shipping 3.4503.65 Figs... 2.50® 3.40 Roughs [email protected].> Sheep and Lambs—Receipts, light; shipments, light. The supply was extremely light. The market was about steady. Sheep, common to choice [email protected] Sheep, common to medium 2.75@>3.50 Lambs, good to choice 5.00415.59 Lambs, common to medium 4.0004.73 Bucks, per head 2.0005.00 Elsewhere. CHICAGO, Jan. 6.—With an active demand for cattle to-day prices were steady for the general run, while the better class of shipping and export steers sold stronger to 10c higher. Sales were on the basis of $3.8504.25 for common to fair dressed beef steers up to [email protected] for good to fancy cattle, the bulk of the sales being at 54.30 <g.>. ' Good cattle were in very fair supply, hut the offerings again consisted largely of steers that should have been kept much longer on feed, and strictly choice beeves were scare and In brisk demand. The Stocker and feeder trade was only moderate, the demand being mostly for lightweight cattle, and prices were steady. Butchers' and cenners' cattle were In active demand at strong prices, most of the cows and heifers crossing the scales at $2.40®3.90. Calves sold well at $606.40 for choice to fancy, and at $4.5005.75 for commoner grades. At the opening trade in hogs was active at stronger to 2*c higher prices. An hour later a weak feeling prevailed, buyers withdrawing and refusing to pay early j>rices, and the late sales were 5c lower. The hulk of the day's sales were at $3.52'*0>3.57}4. with early sales of prime medium weights as high as $3.67V,>, while heavy packers went for [email protected]?!fe. Pigs sold chiefly at *[email protected]. Late sales of packers were largely at $3.50, and assorted butchers sold at 43.60 and assorted light hogs at $3.55. Trade In sheep and lambs was active at steady prices, inferior to prime sheep being salable at $2.75414.60. Western-fed sheep comprised the great bulk of the offerings and sold chiefly at $404.49. Lambs were in active demand at $4414.25 for inferior to $5.7005.75 for choice, sales being chiefly at $505.60, with feeders wanted at *565.15. Receipts—Cattle, 8,000; hogs, 45,000; sheep. 12,000. ST. LOUIS. Jan. 6. —Cattle —Receipts, 4,000, of which 2,300 were Texans; shipments, 900. Market steady to strong. Fair to choice native shipping and export steers. $4.25415.75, bulk at $4.75®5.15; dressed beef and butcher steers, $3.7505, bulk at or ; steers under 1,000 lbs, $3.1004.65, bulk at $3.60414.15; stockers and feeders, $2.5004.20. bulk at $2.85411.15; cows and heifers, $2©4.60, bulk of cows at $2.65®3.45; Texas and Indian steers. $3.25®4,25. bulk at $3.65®4; cows and heifers. $203.10. Hogs—Receipts. 9.600: shipments. 1,700. Market steady. Light. $3.35413.43; mixed, .t3.404rJ.50; heavy, $3.4503.53. Sheep—Receipts, 700; shipments, none. Market steady at S4O 4-60: lambs, $505.85. KANSAS CITY, Jan. 6. Cattle— Receipts,. 5.000. Dressed beef and exf-ort steers 5c higher: Western steers strong; stockers and feeders steady. Western steers. $3.5004.40: Texas cows. $2.250 3.23; native steers, s:.so® 4 90; common to good native cows and heifers, $3®4.05; stockers and feeders, S3O 4.45. Hogs—Receipts. 18.500. Market opened 2*-*4lsc lower; closed “teady to strong. Bulk of sales. $3.3503 474*: heavies, $3.3003.52',*; packers. $3.35® 3.36: mixed. S3 3003.55: lights, $3.2503.45; Yorkers, $3.40*3.V>: pigs. $3413.27';. Sheep—Receipts Inlliclal), 2.200. Market Ptrong. Sheep, Colorado yearlings, $3.7304.60; lambs, $4.75 03.50. EAST LIBERTY, Jan. 6.—Cattle steady. Prime. $4.90® t common, -3.45413.75; bulls, stars and cows. $2®3.70. Hogs active Prime mediums, 5J.730J.50; fair to best Yorkers and pigs, $2.70®3.73; heavy, $3.65 #13.70; roughs. $2.5003.25. Sheen slow. Choice. *4.0504.73; common, $3.25® 3.75: choice lambs. $5.900 6: common to good. *4 50 05.80. Veal calves, $6.5007.25. NEW YORK. Jan. 6.—Beeves—Receipts, 259, None on sale and no trading. Cables quote American steers at 9%®lo',*c; refrigerator beef at 7 1 *
Ithe journal 1 BusinesSjD'RECTQßvl ARCHITECTS? W. SCOTT MOORE & SOY Tel. 1875. 12(1-455 Stevenxoii Blilr. ”mtgl'ass7 _ EDW. SC IU HMAXX. Tel. 1070, 33 S. Penn sylvan In St. attorneys'” FRANK IV. FITZGERALD 510-40 Jonrnnl Building ~BICYCLES-WHOLESALE AND ftETAIL. BICYCLES AND SUPPLIES.. .It. T. HeafSTt Cycle t 0., 31(4 and 318 X. Penn. St. C A R PET ~CLEAN IN JT" Howard Steum Carpet Cleaning; and Ueiiuvutinjs Works Tel. (!10 ~ DIAMONDS-WHOLESALEAND RETAIL. ~ J. C. SIPE (Importer Fine Diamonds) Room 4. 18 1-3 Xortli .meridian St. FLORISTS? - BERTERMAXX FLORAL CO New No. 341 Mass. A*re.. 33(1 X. Del. St. Tel. 810. "general TRANSFER-HCUSEHOLD moving. MECK’S TRANSFER COMPANY. Plioiie 335 7 Circle Street. HAIR STORE.” BUSS J. A. TURNER Tlic Uaxaar. Over Hacrle *. HARNESS, SADDLEsIiNdThORSE CLOTHING. STRAW 7 mYER & XILII S (Repairing; Neatly Done) 17 Monument Plaee. ICE CREAM-WHOLESALE"ANDRET AIL. PUTNAM COIXTY mil.lv CO.UP AX Y 13 to 1(4 Xortli Edit Street. ’ "j E W ELR Y-W H C LESALE. FRED H. SCHMIDT 33 J a cks o n P l nee. pjp. I nlon Station. LAUNDRIES. lIXIOX CO-OPERATIVE LAL’XDRY. .138-114 Yirftlnln Ave. Call Phone 1300. TiveryTboard and haciTstables. THE CLUB STABLES (Roth A loimg| 83 Wrt .Market. Tel. 10(41. LOANS 6n~DIAMOND3, WATCHES?ETC. ~ COXLEN'S CITY LOAX OFFICE 57 West Wanlitngton Street. MANTELS AND GRATES., I*. M. PCKSELL (mautelM, FuruaeeN, Asbestos Setlinu*), 30 Miidd, Ave. THE M. S. 11l EY CO., MFGS.(Mantels, Grated anil Tiled). New Xo. 1301 Maid. Ave "PAPERBOXES." BEE HI YE PAPER BOX CO. (Plnlu Mini Foiainn Boxen) . . .30-33 8. Capitol Ave. PATENT.ATTORNEYS. E. T. SIL\ r IUS & CO .. .Kooiiid 17 and IS, Talbott Bloeic. PATENT LAWYERS. CHESTER BRADFORD, 1333 to 1330 Stevenson Bldff., 15 E. Washington St. H. I*. HOOD A SOX (Arlhnr >l. H00d).33-53 l nion Trust Uld|t.,l3(> E. Market Si. V. 11. LOCKWOOD ...415-418 Lenicke Building. PATENT SOLICITORS. HEBEIt S. PARAMORE 11-13 Western Union Bnlldlng. PLUMBING?AND STEAM HEATING. J. 8. FARRELL A CO., Contractors, . 144 Xortli Illinois Street. SALE AND?IVERY STABLES. HORACE YY'OOIi (Carrlaies. Traps, liu ekhoards, etc.)...35 Circle. Tel. 101)7. "seeds, BULBS, ETC.-WHOLESALE AND RETAIL. Hi XTIXGTOX A PAGE (The Leatling; House) 78 East Market Street. VAIL SEED CO. (New Firm.) Get catai ugue 044 X. Delaware St. Tel. 145. SHOW CASIYVILLIAM WIEGEL <4 \Y>st Lonlslana Street. STEEL CEILINGS, FIRE SHUTTERS, GALVANIZED IRON CORNICES. \V. M* WORKMAN 308 and 310 South Pennsylvania Street. UMBRELLAS, PARASOL?” CANES?' C. AY r . GUNTHER, Manufacturer 31 Pent e Arcade and 5(4 Mass. Ave. UNDERTAKE!, j. FRANK A. BLAXCHAIID. . .1)0 Xortli De Ia ware St. Tel. 411. I.ady Attendant. "vault cleaners. ~ CITI/.EXS’ ODORLESS CO. Vaults and Sinks Cleaned 18 Baldwin Blk. VETERINARY SURGEONS. P. O. O’KBAR (Office, Club Stables.) Te Is. 10(41 A 544..13S A 130 YY. Market St. WALL PAPERS. 11. C. STEY 7 EXS. New Styles Yl 7 nll Paper. Low Prices. New No. 030 N. Senate At. wines' JULIUS A. SCHULLER HO and 112 North Meridian Street.
OPTICIANS. /oOULISj^v Li —* ■ V '-7fO - OPTICIANJ V 93M.PENN.ST. DENISON HOUSE, J INDIANAPOLIS-IND. ABSTR AC I ER OF TITLES. ABSTRACTER of TITLES Corner Market and Pennsylvania streets. Indianapolis. Suite 229. First Office Floor. “The Lemcke." 'telephone 1760. ©Bc. Exports, 480 beeves. Calves—Receipts, 59. Veals, ss<gS.23; grassers, $3©3.25; Western calves, $3.25. Sheep and J^ambs—Receipts, 3,431. Market slightly easier. Sheep, [email protected]; lambs, ss.o>@ 6 Hogs—Receipts, 2.555. Market higher at *[email protected]. LOUISVILLE, Jan. 6.— Cattle—Receipts, 300. Market quiet and unchanged. Hogs—Receipts. 4, . Market opened 10c up. all the heavv and mediums selling at $3.60; light shippers, $3.30®3.50; pigs, v „©3.25. Alarket closed 5c lower. Sheep— Receipts, 100. Market steady and unchanged. CINCINNATI. Jan. 6.—Hogs active at $3®3.62'.7. Cattle easier at [email protected]. Sheep steady at $2.75©4.55; lambs steady at $4 ©5.85. TREASURE IN THE SAFE. What a Man Found Who Bought One at Auction. London Mall. The lucky furniture dealer who, as recorded briefly in yesterday’s Daily Mail, has found, in an old iron safe which he had just bought, securities worth over £IO,OOO, together with a will controlling the distribution of £50,000 of property, is Mr. Jacob Bitton, of 27 High street, Nottinghill Gate. Yesterday afternoon Mr. Bitton told a Daily Mail reporter the story of the find and its very interesting surroundings. “Six or seven weeks back,” he said, “an old lady of seventy, named Mrs. Stevens, of horse-ointment fame, died at her house, 3 Holland Park avenue. Her will was searched for, but could not be discovered, and the property was therefore divided between her only children. These are Mr. Henry Stevens, veterinary surgeon, of 9 Park lane, and Mrs. Williams, the wife of Mr. Williams, of the firm of Callow & Son, whip manufacturers to the Queen. “When this old lady’s effects came to be sold just recently I attended the sale. Among the others present was a trade rival of mine, whom 1 had determined to outbid on every possible occasion, on account of a certain dispute, into the details of which there is no need to enter. “When the safe was put up it* was open, and apparently empty. My rival bid up to 3Ss, and. as I was outbidding him in the way I have mentioned, I promptly raised it to £2, at which figure it was knocked down to me. “On making the cartful examination I have always found advisable after such purchases 1 discovered on pulling out a drawer the will and securities underneath it. The will stated that £5,000 was to be given to the daughter before the division of the property, and. further, that all the house silver, etc., was to be hers; so when I called and informed Mrs. Williams on Sunday last she was naturally delighted. I was treated very hospitably, and later on called on Mr. Stevens to make my discovery known to him. “The securities that turned up so strangely were all English governmental stock, now worth 20 per cent, more than was originally paid for them. “About former finds? Well, it is only a little time back that I was able to return to the rightful owner a gold watch 1 found in a cabinet l had purchased at an auction sale, and I always make it my special duty to examine all such purchases myself. I have been at sales where the auctioneer has announced beforehand that a will was missing, and that a reward of JOO guineas would be given tor its recovery. “On another occasion I discovered a marriage settlement hidden away in a secret drawer, and letters and other documents of a delicate and indeed sometimes incriminating nature have fallen to my lot to discover over and over again. Such tell-tale evidence never passes out of my hands, and only remains there until the fire,is ready to destroy it. “Yes, I am still ir> possession of the Stevens will, and have been Instructed to retain it with the other papers amicably until ordered by u judge sitting in a court of Justice to deliver them up. This arrangement was agreed to by solicitors acting for Mrs. Williams.” Crisis Still On. Chicago Tribune. •’Young man. come here!" The assistant came forward. “Keep you eye on this motor. If t moves while l am out send jne word immediately!” “Yes., sir.” With an anxious look at the machine Inventor Keely grabbed his hat and ran out to take u hurried Christmas dinner.
Pennsylvania Short Line -FORNew York City, Philadelphia, Washington, Baltimore, AND ALL POINTS EAST. Leave Indianapolis 5:50 a. m., 2:40 p. m., 7:20 p. m. daily. High-grade standard coaches and vestibule sleeping and dining tars. For full Information call on ticket agents, No. 48 West Washington street, Union Station, or address W. W. RICHARDSON, D. P. A. E. ▲. FORD. Q. P. A. IvINJS. The Short Line to ST. LOUIS and THE WEST Leave Indianapolis Daily—B:lo a. 12:0 noon. 7 P. n., 11:20 p. in. Arrive at St. Louis, Union Station—S:ls p. m. t 712 p. in.. 1:44 a. in., 7 a. m. Parlor car on 12:40 neon train dally and local sleeper on 11:20 p. m. train daily for Kvansvilia and St. Louis, open to receive passengers at 8:30. Ticket offices. No. 4$ West Washington street and Union Station. W. W. RICHARDSON, D. P. A. E. A. FORD. General Passenger Auent. gJi!- 1 , 1 .... . mmmmmmmmmmmmmmmmmm EDUCATIONAL. BEGIN NOW Day anti Xihl Sessions. B Indianapolis \f OSINESS UNIVERSITY Bryant A Stratton. When Building. Only perma nontschool LARGER THAN EVER. E. J. lIEEB. Pro#. V yPhon* 1254. v x/J X / Blackford Block, V Indianapolis. t <r Largest and best: shortest time; lowest rates; positions secured: enter any time; catalogue free HERVEY D. VORIES. ICx-State Supt.. Prest. SAYVS AX'D MILL SUPPLIES. A 'T'l/' I \T L 7 E. c. ik (JO., Manufacturer and f\ I I Ml of CIRCULAR CROSS! 1 * * 11,1 BAND and all other BELTING, EMERY WHEELS AND MILL SUPPLIES, r* * 11/C Illinois street, one square south Union station. 42. \ I7C BKLTING and W S EMERY WHEELS SPECIALTIES OF W. B. Barry Saw and Supply Cos. 132 S. PENN. ST. All kinds of Saws renaired. SAFE DEPOSITS. s. a. fletchkiTS^co/s""'^ SAFE DEPOSIT VAULT, 3(1 Enxt YY’n altlnfcton St. Absolute safety against fire and burglar. Policeman day and night on guard. Designed for sitfe keeping of Money. Bonds, Wills Deeds, Ab* stracts, Silver Plate, Jewels and valuable Trunks. Packages, etc. Contains 2,100 boxes. Rent .f," to R 45 per yenr. JOHX S. TARKIXGTOX Mansgrr, PHYSICIANS. DR?J?ArSUT^TFFi^ SURGEON. OFFICE— 9S East Market street. Hours—9 to 10 a. in.; 2 to 3 p. nt.; Bundaya excepted. Telephone, 941 I>. C. I. FLIST CHEW, * RESIDENCE^3B3 North Pennsylvania street. OFFICE —369 South Meridian street. Office Hours -9 to in a. in.; 2 to 1 p m.; 7 to I t>, m. Telephones—office. :U7: residence. (27. Dr. W. 3. Fletcher’s SANATORIUM, Mentul ami Nervous Diseases. DW. MARAH (STOCKTON^ 227 NORTH DELAWARE STREET. Office Hours: 9to it a. m ; 3 to 4 p. in. Tel. 1498. DR. W. H. SEATON, Genito-triuisry nml Skin Disease*. 44 ItAST OHIO S’i\
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