Indianapolis Journal, Volume 48, Number 108, Indianapolis, Marion County, 18 April 1898 — Page 7
THE L. A. KINSEY CO. INCORPORATED. CAPITAL, S2S.OOO—KILL PAID. -BROKERSChicago Gram and Provisions New York Stocks Long Distance Telephone, 1375 and 1592. 11 and 13 West Pearl Street Cincinnati Office. Room 4, Carlisle Building. WAITING STOCK MARKET ♦ TRADERS APPREHENSIVE AM) FEW OFFERINGS ON ’CHANGE. New York Banks Have I.oat f75,000,000 to the Interior Since Maine Ran Blown 1 1— Local Trade. At New York. Saturday, money on call was steady at 2 per cent.; last loan at 2 per cent. Prime mercantile paper, 2%®6 per cent. Sterling exchange was steady, with actual business in bankers’ bills at $4.83%®4.83% for demand and $4.79%@4.80 for sixty days; posted rates, $4.80%® 4.81 and $4.54'§4.84%; commercial bills, $4.78tf4.79*^Silver certificates, 55%(&55%c; bar silver, 55%c; Mexican dollars, 45%c. At London bar silver closed steady at 25%d an ounce. Exports of specie from the port of New York for the week were $819,780 in silver bars and coin and $5€0,602 in gold. The imports of specie were $5.562,850 in gold and $40,232 in silver. The imports of dry goods and general merchandise sor # the week were $8,734,101. The New York weekly bank statement shows the following changej: Surplus reserve, increased .$2,309,600 l-oans, decreased 7,697.900 Specie, increased 4,554,400 Legal tenders, decreased 3,824,000 Deposits, decreased 6,317,600 Circulation, increased 55,600 The banks now hold $37,374,000.05 in excess of the requirement of the 25 per cent. rule. The Nov/ York Financier says: ‘‘Despite the heavy and continued demand for funds from the inti lor, the clearing-house banks, according to their statement for the current week, were able not only to hold their own In the way of cash, but added over 52,00X000 to the surplus reserve, making the latter item the largest reported since Jan. 1. In the light o’.’ present events the statement must be regarded as favorable, since it reveals the wonderfully strong position of tiie banks. Ordinarily it would mean lower money rates this week, but unless a pacific solution of the Spanish crisis presents itself no such result may lie anticipated. "The operations of theweek brought about a shrinkage of $7,697,900 in loans, due to continued liquidation and the-entire absence of new business, tbe banks confining themselves to the needs of their own customers. Out-of-town banks, it is worthy of note, arc doing some buying in this market, tempted by the stringent rates. Deposits were reduced $6,317,600. owing largely to withdrawals of balances. The interior movement is shown in the loss of $3,824,200 in legal tenders. Specie imports account for tHh gain of $4,554,400 in gold, and the net result was an increase of nearly $750.000 cash. The loss in deposits lowered the reserve requirements $1,579,400. This, added to the cash gain, swelled the surplus as above.
THE GOLD IMPORTS. "The country has now imported or engaged over $60,000,000 of gold, but the New York banks to-day hold only $2,090.0(8) more cash than when the movement started. The specie received has merely replaced the withdrawals by interior banks, and it is a problem w hether the future demand on New York will he as heavy as anticipated. "Domestic exchange is at a heavy discount at interior cities, and from all that can be learned the cash withdrawn is not being employed at home. The fact that outside institutions are loaning money here is not without significance. The outlook favors continued imports of gold, and these, with the heavy disbursements being made bv the treasury, may operate to produce an easier state of affairs. It w’ould not be surprising if present rates proved to be the maximum for the year. The country has so much money that it is prepared to meet expenditures of an extraordinary magnitude without embarrassment. The trouble now is that this is being hoarded rather than put into use." Total sales of stocks. 1?3,500 shares, including: Chicago. Burlington & Quincy, 9,202: St. Paul, 7.590; Union Pacific preferred, 5.550; Union Pacific,Denver & Gulf, 6,340; Tobacco, 6.638; Sugar. 12,890. The tone of Saturday’s New York stock dealings, while dull and depressed, gave no very active indications of apprehension. It was ratherwaiting market, as for some time past. The transactions, outside of operations by professionals, were insignificant. Selling; by traders found no seekers and prices consequently yielded very readily. On the other hand, when the professionals turned buyers they found new stocks offering, and prices, consequently, easily recovered. Naturally, the net result of this kind of juggling from one hand to the other and then back again was not large, though the day’s price movement was pretty wide. The opening decline was due to slmpathy with London, where Americans all show’ed a heavy tone, and where Spanish fours relapsed after Friday’s recovery, closing within % of the lowest price made last Wednesday In the bear raid. European operators had apparently lost their confidence in the efficiency of the reported project for concerted mediation by the powers. 'Hie extensive preparations being made by the United States admonished observers that the congressional differences over technicalities of Cuban resolutions were not expected to interfere with the substance of their action, which involved armed intervention. Some slight recoveries In the second hour were due to covering by the shorts, but they were not held and the list showed net declines In nearly all cases, for the most part confined to fractions. Tobacco absorbed a large part of the dealings, ami suffered a loss or 9%c on very heavy offerings brought out by the recent jump in prices. Sugar, the grangers and Union Pacific preferred were the other most active features, but the market was very narrow. The weekly bank statement disclosed a stronger position for the banks than the week before. The increase in the surplus of $2.308,<X:0 is, however, attained, mostly, by a decrease of $1,579,400 in the reserve requirements by the continued drawing down of desposits, which were $6,317,600 less than the week before. The actual increase hi cash holdings Is only $520,400. DRAIN ON THE BANKS. The condition of the New York clearinghouse banks now, compared with the period Just previous to the Maine explosion, throws Interesting light on the prices that have been going on in the money market during that period. The immense strengthening V the reserves doubtless accounts for the hardy resistance to the fall in values, in tht face of glowing apprehension of war. The cash reserves of the New York banks themselves are now over 30 per cent of deposits, against about 29 per cent, on Feb. 11, the last statement before the Maine disaster. But this improvement In their own condition is of small significance compared with the evidence of what has been done for interior banks. According to the statemer. of the condition of New York bunks On Feb. 11. deposits were $738,638,800. By Saturday s statement they were $663.519,5C0, a decrease of $75,164,500. This represents pretty accurately the extent of demand from interior banks for purposes of strengthening their reserves which has been met in that time. The New York banks have met the demand by a contraction of loans during the period named of marly $60,000,(XA), and have suffered a net loss in cash of nearly $14,000,000. If the cash Items are examined separately it is found that legal tenders have decreased 546.445.80i). while the specie has Increased $32.5(13,700. the gold from Europe coming while legal tenders to the Interior were going out. Asa result of the heavy exports of gold from Europe the specie holdings of New York banks now constitute about 72 per cent of the eash reserve, against 53 per cent, on Feb. 11. The gold reserve in the United States treasury in the meantime has Increased sl4 - 000,000. Clearing-house balances in New York and most of the payments at the New York custom house have been made in gold for several weeks, and New York banks have this week commenoed to ship gold to interior banks, which still continue Vo fortify their reserves, the available ■apply us legal tenders having become about exhausted. The drain of gold from London has raised the discount rate there and stiffened exchange on London at continental centers but the gold movement to New York continues without signs of abatement. The conditions thus discloabd, combined with the large liquidation of indebtedness known to have occurred in the coun-
try, give confidence in the ability of the financial fabric to withstand the shock of war. The prevailing high rate for time money—6 per cent, for ail periods-4s considered to be largely sentimental, though it is based on the expectation that rates will rise in case of war. The disinclination to borrow money on time at existing rates is, however, almost as marked as that of lenders. Transactions aside from call loans wait on the clearing of the situation and partly also on the expectation of a government loan. But apprehension of the effect of war on money and business is appreciably less than three weeks ago. Therefore. while prices are between 1 and 2 points lower than a week ago, they are very substantially above the low point touched just previous to the presentation to Congress of the Maine board of inquiry. The market, for railroad bonds has been intensely dull and prices lower. Government bonds are all lower, declines in the bid prices reaching 2% in the new’ fours, coupon. 2 in the twos, 1% in the new fours, registered, I*4 in the old fours, registered, 1 in the old fours, coupon, and 14 in the fives. The following tabic, prepared by L.. W. Louis, Room 11. Board of Trade, shows the range of quotations: • Open- High- Low- ClosArticles. lng. est. est. Ing. Adams Express ’. 99 Baltimore & Ohio 1614 American Express 122 American Spirits 9 American Spirits pref 21*4 American Sugar 116*4 American Sugar pref 107 American Tobacco ..,. —.. 108 108 99% 100*4 American Tobacco pref 112 Atchison 184 11% 11% M% Atchison pref 24% 23 24% 23 Canada. Pacific .... 79% Oannda Southern 46% Central Pacific 11% Chesapeake & Ohio 18% 18% 18% 18% Chicago & Alton 154 Chi., Infi. & Louis 6% Chi.. Ind. & Lcuif*. pref 22 C„ B. & Q ... 91% 91% 90% 91% C. & E. 1 31 People’s Gas „ 90*/s 90% 89% 90 C. C„ C. & Bt. L 27 Commercial Cable Cos 130 Consolidated Gas 177 Cotton Oil 16 Cotton Oil pref 67% Delaware & Hudson 1C6% D. L. & W 144% Denver Sc Rio Grande 10% Denver & Rio Grande pref 42% Erie 13 Erie first pref 32 Fort Wayne 16S General Electric 31% 31% 31% 31% Great Northern pref 147 Hocking Vaiiey 5% Illinois Central 98% Kansas & Texas pref 10% Lake Erie & Western 13% Lake Erie & Western pref 69% Lake Shore 176 Lead Trust 28% 28% 28% 28% Louisville &. Nashville 48 48% 47% 48% Manhattan 95% 95% 94% 93 Michigan Central 102 Missouri Pacific 25% 25% 23% 25% New Jersey Central 92*% 93 92% 93 New York Central 109% 110% 109 - 109% Northern Pacific 22% 22% 22% 22% Northern Pacific pref 60% 61% 60% 61% Northi, r estem 117*4 117% 117% 117% Northw stern pref 172 Pacific Mail 23% 23% 23% 23% Pullman Palace 170 Reading 16% Rock Island 84% S3 84% 85 St. Paul 87% 87% 87*4 87% St. Paul pref 141 St. Paul A Omaha 68 St. Paul & Omaha pref 140 Southern Pacific 12% Tennessee Coal and 1r0n... 19% 19% 19% 19% Texas Pacific ’ 10 Union Pacific 19% 19% 19% 19% Union Pacific pref 52 52 51% 51% IT. S. Express 38 U. S. leather 5*,4 U. S. Leather pr®f 56 IT. S. Rubber 16 U. S. Rubber pref 66 Wabash, Si. L. A- P 6% Wabash, St. L. A- P. pref 15% Welis-Fargo Express 114 Western Union 85V* 86% 85% 85*4 Wheeling ,t l,ake Erie 1% Wheeling & I.ake Erie pref 8% U. S. Fours, reg 108*4 TF. S. Fours, coup 109% XT. S. Fours, new, reg 115', 3 U. is. Fours, new, coup 113
Yievr* of Henry Clew*. Banker Clews, of New York, in his weekly financial circular dated April 16, says: "The feeling is very steadily gaining ground that, while, as an immediate effect of the actual declaration of war, there would be a sudden shock causing some partial fall in prices, yet the drop would soon yield to recovery. The only important factor militating against such a course of the stock market might possibly be forthcoming from the money market. The demands of the government for money might prove to be a source of fitful disturbance, and yet it is to be considered that all the receipts of the treasury would go into early disbursement and upon conditions least calculated to lock up money from public use, including a free use of the national bank depositories. At the close of the week prices do not vary much from those of a week ago. There have be c n ups and downs, but the one has about offset the other. The influx of gold shows no abatement. The total amount received or ergaged for shipment now’ reaches $60,003,0)0. and it is estimated that about $30,000,000 of bills are still held in this country, destined to bring hither that further sum of gold. "The government March report on our foreign trade shows another remarkable addition to our foreign creditor trade balance. The uncertainties connected with our relations with Spain appear to have bad the effect of swelling our exports and contracting our imports. The shipments of merchandise for March amount to $116,800,000, against $92,000,000 for the same month of last year, showing an increase of $24,600,000. The month’s imports, on the contrary, fell $14,600,1)00 below tho’se of 18S7. Comparing the inward and outward trade, we have an excess of exports over imports last month amounting to $53,100,000, while for the same time of last year the surplus of exports was only $13,900,000. The extraordinary balance of trade, in our favor thus continues to increase without any abatement. We have made a net import of gold during the month amounting to $29,500.0(0, but that w’as largely due to bills of exchange drawn against exports of previous months and held back for temporary investment. * * * "No nation was ever so near a war as this and escaped from it; still, there is yet left some ground for hope of a peaceful settlement. General lice's testimony before the Senate committee of foreign affairs was conservative and to his credit, because it was devoid of sensational effort. Its effect, therefore, should be to tame down rather than inflame the members of Congress, and thereby prevent precipitate action such as would bring about hostilities. The point raised that Spain is bankrupt and is in consequence a weak foe, is not well taken. In the event of Spain going to war with this country it will certainly be impossible for her to raise money by the sale of her bonds, as they have already gone down to 42%. and in the event of hostilities they w’ill go down to probably 25 or less. She will therefore naturally abandon ambition to keep up her flational credit, and hence interest on her outstanding obligatlbns will he sure to be defaulted on. This amounts to about $100,000.003 a year which she will have for war purposes. Contributions and forced revenue from the people will be one of the processes resorted to to carry on the war. Spain will be in a position similar to that of a bankrupt railroad, which makes a bad foe for a solvent competitor. A railroad in the hands of a receiver pays out nothing except to keep the road in repair and can make forced loans besides through receiver’s certificates authoriz’*! by court, which become a first claim against the road, to provide for pay r.olls a.r.d expenses to keep the road in fighting condition—ostensibly to be in a safe condition to prevent s: sacrifice of life. A weak railroad can. therefore, cut rates so low as to Inflict serious injury to a strong competitor if it continues the fight long enough. While Spanish fours at present price (42*4) yield 9% per cent, interest. United States fours (at 121) yield only 2% per cent, interest, and. notwithstanding the wide difference in the market price of the two securities. United States bonds are infinitely the cheapest and most desirable for an investment, because the principal and interest ere absolutely secure under any circuit)'ionces. whereas, in the event of war £ finish bonds will certainly be made absolutely insecure, if not worthless.” Saturday’* Bank Clearing*. At Chicago—Clearings, $15,859,428: New York exchange, 35c discount; posted rates, $4.81 nml $4.85. At New York— Clearings, $120,048,728; balances. $6,258,443. At Boston—Clearings. $15,926,936; balances, $1,542,396. At Baltimore—Clearings, $3,074,113; balances. $672,110. At Philadelphia—Clearings, $11,641,985; balances. $1,897,557. At Cincinnati—Clearings, $2,034,730 At St. iAiuis—Clearings. $4,447,750; balances. $650,414. At Memphis—Clearings, $316,750; balances, $144,163. At New’ Orleans—Clearings, $1.571,045. Spun!nil Four* Lower. NEW YORK, April 16.—The Evening Post’s Ixindon financial cablegram says: ‘ Pending the result of the vote on the Cuba i resolution In the United States Senate, the markets here are dull and stupid, with lower prices. Consols to-day were % to 14 pe? cent, lower. Americans were from a half to one dollar lower, with no business doing, the market simply following Wall street. Spanish fours were about 42%. closing at 42%. a net loss of 1% since yesterday. ‘Fables from New York report an impres-
THE INDIANAPOLIS JOURNAL, MONDAY, APRIL 18, 1898.
sion in that market that Americans are chiefly manipulated now’ from London. This must not he confused with operations by English speculators. Such manipulation as exists in this market is on behalf of New York operators. ’’ PARIS. April I*3.—Spanish fours closed at 42%, 1% lower than yesterday’s final price. 1 LOC AL GRAIN AND PRODUCE. Trade of tlie Week Quite Satisfactory —Values In usually Steady. In the week ending April 16 trade came nearer expectations than any week of the present year. Weather conditions were more favorable and the country reads are again solid and business moves along in its natural channels. In prices there were no important changes. Sugar did not advance as had been expected, but coffee and many other staple groceries are much firmer than last month. The stocks of canned goods and evaporated fruits are well cleaned out and wholesale grocers are in good shape every way. Dry goods houses had a busy week; prices on most lines of dry goods rule steadier and stronger. With the coming of spring the hardware merchants and druggists are enjoying quite a boom in trade. Paints and 611s are firm at quotations, as is every article in the hardware line. Provisions are moving better and prices firmer. On Commission row’ there was a good deal of activity. Sales of seed potatoes have been large. Cabbage is now selling at $1 a barrel and good stock offered. Fruits of the season are in good supply and selling unusually low for goods snipped in here. The seed merchants had a busy week; prices steady. In other lines there are no new features. The local grain market was more active than in the week ending April 9 and during the week all cereals were in active request, the market closing yesterday with prices firm at the following range on track, as reported by the secretary of the Board of Trade: Wheat—No. 2 red, 95%c: No. 3 red, 91%@92%c; April, 95%e; wagon wheat. 94c. Corn—No. 1 white, 31%e; No. 3 white (one color), 31 %c: No. 4 white, 27%e; No. 2 white mixed, 29%c; No. 3 white mixed, 29%c; No. 4 white mixed, 26%c; No. 2 yellow, 29%c; No. 3 yellow, 29%c; No. 4 yellow’. 26%c; No. 2 mixed. 29%e; No. 3 mixed, 29%c; No. 4 mixed, 26%c; ear corn, 28%c. Oats —No. 2 white, 29%c; No. 3 w’liite, 28%c; No. 2 mixed, 27c; No. 3 white mixed, 26c. Hay—No. 1 timothy, *[email protected]; No. 2 timothy, *6 @6.50. Inspections—Wheat: No. 2 red, 3 cau; No. 3,4; rejected. 1; total. 8 cars. Corn: No. 3 white, 13 cars; No. 4, 2 No. 3 yellow. 2: No. 3 mixed, 8: total, 25 car; Oats: No. 2 white. 2 cars; No. 2 mixed, 5; rejected, 3; total, 10 cars. Hay: No. 1 timothy. 1 car. Poultry nml Other Produce, (Prices paid by shippers.) Butter—Country, choice, 10c; mixed, s@7c. Poultry—Hens. 6%e; spring chickens. 1898, 12® 15c; broilers, 8c; cocks, 3%c; young hen turkeys, 8c; toms, 6c; ducks, 5%c; geese, 40c for full feathered, 30e for plucked. Eggs—Strictly fresh. Bc. Feathers—Prime geese, 30c per lb; prime duck, 10@17c per lb. Beeswax—3oc for yellow’, 25c for dark. Honey—lo@lßc per lb. Wool—Medium, unwashed. 19@20c; tub-washed, 20®27c; burry and unmerchantable, Oc less. HIDES, TALLOW, ETC. Green-salted Hides—No. 1, B%c; No. 2, 7%c; No. 1 calf. 9%v; No. 2 calf, Bc. Crease- 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.) (.’mined Goods. Corn. 75<®|1.25. Peaches—Standard 3-lb. $1 50® 1.75; seconds. [email protected]<i; 3-lb pie. 85®90c; California, standard, $1.75@2: California seconds, $1.40 @1.50. Miscellaneous—Blackberries, 2-lb, 65@70c; raspberries. 2-lb, 9P@9sc: pineapple, standard, 2-lb, sl.lo® 1.20; ehoice. [email protected]: cove oysters. 1-lb, full weight, 85®90c; light. 60@65c; string beans, 70@90o; Limit, beans. [email protected]: peas, marrowfats, [email protected]: early June. 90c@$1.10: $1.85@2; red cherries. 9Cc@sl; strawberries, 90® 95e; salmon, 1-lb, $1.10@2; 3-lb tomatoes, 95c@$l. Caudles and Sols. Candles—Stick. 6@6%c per lb; common mixed, 6@6%c per ]b; G. A. R. mixed. 6%c; Banner twist stick, 8c; cream mixed, 9c; old-time mixed, 7e. Nuie—Soft-shelled almonds, ll®13c; English walnuts, 9@l2c: Brazil nuts, 10c: filberts, 11c; peanuts, roasted, 7@Bc; mixed nuts, 10c. 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, $2.75; Paragon lump. $2.75: Greene county nut, $2.50: Blossburg coal, $5; crushed coke, $3 per 25 bu; lump coke, $2 75; foundry coke, $6 per ton. - - Drue*. Alcohol, [email protected]; asafetida, 25@3t*e: alum. 2% @4e; 40@44c: cochineal, 50@55c; chloroform.' 65@70e; copperas, brls, 6D@7sc; cream tartar, Tpure. 30@33c; indigo, 65@S0c: licorice, Calab., genuine, 30©40c: magnesia, carb., 2-oz, 25@30c; morphine, P. & W., per oz, *[email protected]; madder. 14 @l6c; oil. castor, per gal. $1.12®1.15; oil, bergamot, per lb. $2.75: opium, $3.75, quinine, p. & XV., per oz 25@30c; balsam copaiba, 50@60e; soap, oasttle, Fr.. 12@16c; soda, bicarb., 4%@6e; salts. Epsom. 4@sc; sulphur, flour, s@6c; saltpeter. B@l4c; turpentine. 35@40c; glycerine, 13%@15c; lodide potassium, $2.50®2.60; bromide potassium. 55@60c; chlorate potash, 20c: borax, 7@Br; cinchonlda, 20® 25c: carbolic acid, 30@32c. Oils—Linseed. 40®42c per gal; coal oil, legal test, 7@l4c; bank, 40c; best straits, 60c; Labrador, 60c; West Virginia, lubricating, 20@30c; miners'. 40c; lard ohs. winter strained, in brls, 40c per gal; half brls, 3c per gal extra. Dry Good*. Bleached Sheetings—Androscoggin L. 6%c; Berkley, No. 60. 7c; Cabot. 5%c; Capitol, 4%c; Cumberland, 5%c; Dwight Anchor. 6%c; Fruit of the Loom, 6%c; Farwell, 5%c; Fitchviile, 5%c; Full Width, 4%c; Gilt Edge. sc; Glided Age, 4%c; Hill, 5%c: Hope. 5%c; Linwood, 6c; Lonsdale, 6%c; Peabody. 4c; Pride of the West, 40%c; Ten Strike. sc: Pepperell. 9-4. 15c; Peppercll, 10-4, 16%c; Androscoggin, 9-4, 15%c; Androscoggin. 10-4. 17c. Brown Sheetings—Atlantic A, 6%c; Argyle, 4%0; Boott C, 4c: Buck's Head. sc; Clifton CCC, 4%c; Constitution, 40-inch, 5%c; Carlisle, 40-lnch, 7%c; Dwight’s Star. 6%c; Great Falls E, 5%c; Great Falls J. 4%c; Hill Fine, 5%c; Indian Head, 5%e; Pepperell R, 4%c; Pepperell, 10-4, lec; Androscoggin, 9-4, 15%c; Androscoggin, 10-4, 16',ic. Prints—Allen dress styles, 4%c: Allen’s staples, 4%c; Allen TR, 4%c; Alien's robes, 4%c; American Indigo, 4c; Arnold long cloth B, 7%c; Arnold LLC, 6%c; Cocheco fancy, 4%c; Cocheco madders, 4c; Hamilton fancy, 4%c; ftlerrimac pinks and purples, sc; Pacific fancy, 4%c; Simpson’s fancy, 4%c; Simpson's Berlin solids, 4%c; Simpson’s oil finish, 6c; American shirting, 3%c; black white, 3%c; grays, 3%e. Ginghams—Amoskeag staples, 4%c; Amoskeag Persian dress, 6c; Bates Warwick dress, 6%c; Lancaster, 4%c; Lancaster Normandies, 6c; Renfrew dress styles, 6c. Kid-finished Cambrics—Edwards, 3c; Warren, 2%c; Slater, 3c; Genesee, 3c. Grain Bags—Amoskeag. $13.60; American, $13.50; Harmony, sl3; Stark, sl6. Tickings—Amoskeag ACA. 9%e: Conestoga. BF, 12c; Cordis. 140. 9%c; Cordis FT. 9%c; Cordis ACE. 10c; Hamilton awaiings, 9c; Kimono fancy. 17c; Lenox fancy, 18c; Muthuen AA. 10c; Oakland AF, 5%c; Portsmouth, 10%c; Susquehanna, 12c; Shetucket SW, 6%c; Shetucket F, 7c; Swift River, 6c. Flonr. Straight grades, *[email protected]; fancy grades, $0.75@6; patent flour, $5.75@6; low grades, *2.75®3.50. Groceries. Sugars—City Prices—Dominoes, 5-.94e; cut-loaf. 6.94 c; crushed, 5.94 c; powdered. 5.69 c; XXXX powdered, 5.75 c; standard granulated, 5.44 c; fine granulated. 5.44 c; extra fine granulated. 5.56 c; coarse granulated, 5.56 c; cubes. 5.69 c; mold A. 5.69 c; diamond A, 5,44 c; confectioners' A. 5.31 c; 1 Columbia A—Keystone A. 5.06 c; 2 Windsor A— American A, 5.06 c; 3 Ridgewood A—Centennial A. 5.06 c; 4 Phoenix A—California A. 6c; 5 Empire A- - B, nc; 6 Ideal golden ex. C—Keystone B, 4.94 c; 7 Windsor ex. C—American B, 4.BSc; 8 Rtdgew<>od ex. C —Centennial B, 4.75 c; 9 yellow ex. C —California B. 4.69 e: 10 yellow C—Franklin ex. C, 4.63 c; 11 yellow—Keystone ex. C, 4.56 c; 12 yellow—American ex. C, 4.56 c: 13 yellow—Centennial ex. C, 4.50 c; 14 yellow—California ex. C, 4.38 c; 15 yellow, 4.38 c; 16 yellow, 4.31 c. Coffee —Good, 13® 14c; prime, 15@16c; strictly prime, 16@18c; fancy green and yellow, 18@22e; Java, 28@32e. Roasted—Old government Java, 32%@33c: Goli>n Rio. 24c: Bourbon Santos, 24c; Gilded Santos. 24c; prime Santos. 23c. Package coffee-city prices—Ariose, 10.15 c; Lion, 9.15 c; Jersey, 10.15 c? Caracas. 10.16 c; Dillworth, 10.15 c; King Bee, 10.15 c; Cordova. 10.15 o: Mail Pouch, 9.65 c. Flour Sacks (paper)—Plain. 1-32 brl, per 1,000, $3.50; 1-16 brl. $6: % brl, $8; % brl, sl6; No. 2 drab, plain, 1-32 brl, per 1.000, $4.25; 1-16 brl. $6.50; % brl, $10; % brl, S2O; No. 1 cream, plain. 1-32 brl. per 1.000. $7; 1-16 brl, SS.7o: % brl, *14.50; % brl, $28.50. Extra charge for printing. [email protected]. Sait—ln car lots, 90c; small lots, 95c@$l. Spices—Pepper, 12@18c; allspice, 15@18c; cloves, 18@25e; cassia. 13@15c; nutmegs, 65@75c per lb. Beans—Choice hand-picked navy, $1.10®1.25 per bu; medium hand-picked, $1.10®1.20; Limas, California. 3%®3%e per lb. Woodenware —No. 1 tubs, $5.75@6; No. 2 tubs, s4.”>®s; No. 3 tubs, *3.75@4: 3-hoop pulls, *[email protected]; 2-hoop pails. [email protected]: double washboards, [email protected]; common washboards, $1.25® 1.50; clothes pins, 50@60c i>er box. Molasses and Syrups—New’ Orleans molasses, fair to prime, 28®33c; choice, 35@40c; syrups, 23® 36c. Shot—[email protected] per bag for drop. Lead—6%@7c for pressed bars. Twine—Hemp, 12@18e per lb; wool, 8® 10c; flax, 20®30c; paper, 25c; jute, 12@15c: cotton. 18@25c. Wood Dishes—No. 1, per 1,000, [email protected]; No. 2, [email protected]; No. 3. $1.75®1.90; No. 5. *2.25®2.30. Rice—Louisiana. 4%@5%c; Carolina, 5@7%c. Iron and Steel. Bar Iron—[email protected]; horseshoe bar, 2% @2%c; nail rod. 7c; plow slabs, 2%c; American cast 9@llc;,tire steel, 2%@3c; spring steel, 4% ®sc. Provisions. Hams—Sugar-cured, 18 to 20 lbs average, B%@ B%c; 15 lbs average. 8%®9%c; 12 lbs average. Pork—Bean, clear. $14.35; rump, *ll. Bacon —Clear sides, 40 to 50 lus average, 6%c; 30 to 40 lbs average, 7%c; 20 to 30 lbs average, 7%c: bellies. 25 lbs average, 6%c; 18 to 22 lbs average, 7%c; 14 to 16 lbs average, Sc. Clear backs, 18 to 22 lbs average, 7c; 10 to 14 ibs average. 7c; 7 to 9 lbs average, 7%e. In dry salt, %c less. Shoulders—lß to 20 lbs average. 6%c; 16 lbs average, o- e: 10 to 12 lbs average. 6%c. I-ard—Kettle rendered, 6%c; pure lard, 6%c. Pork—Bean, clear, $14.25; rump, $11.25. Seeds. Clover—Choice, recieaned, 60 lbs, [email protected]; prime, [email protected]: English choice. $2.50@3; ulsike, choice, $3.50®4; alfalfa, choice, [email protected]: crimson dr scarlet clover, [email protected]; timothy, 45 lbs. $1.40® t.M>; strictly prime. [email protected]; fancy Kentucky, It Ibs, $1; extra clean. 60®75c: orchard grass.
extra. [email protected]; red top. choice, [email protected]; English bluegrass, 24 lbs. $1.15® 1.75. Produce. Fruits and Vegetables. Apples—Choice cooking. [email protected]; fancy eating apples, $4.30 per brl: Ben Davis, $3.50. Bananas—Per bunch. No. 1. [email protected]. Cabbage—Holland seed. $1.50 per cwt. Onion Sets—Yellow, $2.25; white. $2.30 per bu. Cocoanuts—43®sCc doz. Cheese—New York full cream, 14c: skims, 6@Bc; domestic Swiss, 15c; brick, 11c; limburger, 10c. Lettuce —12%c per lb. Rhubarb— 15@20c dozen bunches. Radishes—23c dozen bunches. Oranges—California navel, $2.50©3; California eedlings, $2.50. Lemons —Messina, choice. 300 to box, [email protected]; fancy, *3.30; fancy, 350 to box, [email protected]; California, $2.75. Potatoes—s2.lo per brl; 7Cc per bu. Sweet Potatoes—Jersey, $4; Illinois sweets, $3.50. Seed Potatoes —Early Rose, 80c per bu; Early Ohio. 90c per bu. Seed Sweets—Yellow’ Kentucky, $2; yellow Jersey. *2.50; red Jerpey. *3; red Bermuda, $3.50: genuine Eastern Jersey, $3.50; Southern Queen, $3 per brl. Celery—California celery. 30@60c per bur.cli. Sweet Cider—s 4 per brl; $2.50 per half brl. Kale Greens—so@6Cc per brl. Yellow Onion Sets—[email protected] per bu; white, $2.75 ®3. Pineapples—s2.3o per dozen. Beans —Green beans, [email protected] per bu. Peas—Green, *2.23 per bu. Strawberries—Florida, 25c per quart. \ Asparagus—7sc dozen bunches. \ A Pineapples—[email protected] per doz. i ■ Window Gin**. Price per box of 50 square feet. Discount, S3 per cent. 6xß to 10x13— Single: AA, *17.50; A, $16.2; B, $15.50; O, *l3. Double: AA, $23.50; A. $22; B, s2l. 11x14 and 12x13 to 14x20—Single; AA, S2O; A, $18.50; B, $17.25; C, $16.50. Double: AA, $28.50; A, $26.25; B, $24.50. 10x22 and 20x20 to 20x30—Single: AA, $25; A. $23; B, s2l. Double: AA. $34.50; A, $31.75; B, $28.75. 10x26 to 16x24—Single: AA, $22; A, *2O; B, *18.50; C, *17.75. Double: AA, *31.25; A. $28.50; B. *26.25. 15x36 to 24x30—Single: AA, $27; A, $24.50; 15, $22. Double: AA. *36.50; A, $33.75; 8,*30.50. 26x28 to 24x36—Single; AA. *3O; A. *26.75; B, $24. Double: AA, s4l; A, *37.25; B, *33.75. 32x38 and 34x36 to 30x50—Single: AA. S4O; A, $36.50; B, $32. Double: AA, $55; A, *50,50; B, $45.50. 30x32 to 30x54—Single: AA, *41.25; A, $37.50; B, $33.75. Double: AA. $57; A. $57.75; B, *46.50. 30x56 to 34x56—Double: AA, *59.50; A, *54; B, $48.50. 26x34 to 28x32 and 30x30 to 30x40—Single; AA, $33.60: A, *30.50; B. *27. Double: AA, *47; A, $42.75; B. *3B. 34x58 to 34x60—Double: AA, *63: A. *57.50: B. *52. 36x60 to ™xGo—Double: AA, $66.50; A, *60.50; B, *55. SALES OF REAL ESTATE. Fourteen Transfers, with n Total Consideration of $22,4t0. Instruments filed for record in the recorder’s office of Marion county, Indiana, for the twentyfour hours ending at 5 p. m. April 16, 1898, as furnished by Theo. Stein, abstracter of titles, corner of Market and Pennsylvania streets, Indianapolis, Suite 229, first office floor, The Lemcke. Telephone 1760: William Sudmeier to Frederick Sudmeier, the west ’naif of the southeast quarter of Section 27, Township 16, Range 5 *6,800 Robert W. Uathcart et al. to Wiliam F. Coughlen. Lot 10. Houston's subdivision. May, Wasson <fc Co.’s Highland Park ad- . dition "G® Charlotte V. Beaver to Eugene Udell and wife. Lots 22 and 23. Block 13, Armstrong’s addition to North Indianapolis. . 800 William Patterson to Abraham F. Gross et al.. part of the southwest quarter of Section 33. Township 16. Range 3 5 William W. Ford to Elijah Asbury et al.. jiart of the northwest quarter of Section 17, Township 16. Range 5 "0 Theodore Jordan to Louis Heilman. lot No. 6, Block 9, Tuxedo Park 55 Annie M. L. Poehler to German-American Building Association, Lot 4, Block 26. Beaty’s addition 90® John F. Myers to Pearl ,T. Constantine, Lot 9, Square 3. Lincoln Park 3,000 William G. Sebildmeyer to Amelia Heckman. Lot 40. Block 8. Tuxedo Park 100 Celeste T. Barnhill to Emma Elstun. Lot 2. Ritter's subdivision, Ritter's addition to Irvington 3 - 3 ®o James B. Pugh to Tillie Foott. Lot >O. Pick ens & Loftin’s East Washington-street addition - Peter C. Meyenberg to Isaac Russell, Lot 7, Block’s subdivision, Johnson's East Ohio-street addition James S. Coppock to Joshua Edwards. lait 27. New ton * ' i • :o ® Michael J. Ryan to Laura I. Shockeney, part of Lot 5. Lot 6 and part of 7, Haughey's subdivision of Outlet 66 3,000 Transfers. 14; consideration $22,410
IN THE COURTS. I•* * ; Superior Court. Room Vinson Carter.^Tudße. Wm. Halffln vs. Bertha. Halffin: divorce. Granted plaintiff. Judgment vs. plaintiff for costs. Circuit Court. Henry Clay Allen, Judge. William G. Sloaii vs. Oliver B. Sloan, administrator of William Sloan’s estate; claim. Judgment on verdict of jury vs. defendant for $370 and against plaintiff for costs. Foster-Bennett Lumber Company vs. James Hyland et al. Judgment vs. plaintiff on demurrer. Appealed to the Supreme Court. Theophilus Millison vs. Minnie E. Millison. Cause redocketed. Finding for plaintiff with decree of divorce. Judgment against plaintiff for costs. New Suits Filed. Eliza J. Knight et al. vs. Philip M. Hildebrand; suit for an accounting. Superior Court. Room 2. Consolidated Coal and Lime Company vs. Lydia P. Shaffer et al.; mechanic’s lien. Superior Court, Room 1. Harry Lindeman vs. Phoebe May Lindeman: suit for divorce. Superior Court, Room 2. Odeon H. Titus vs. John T. Noye Manufacturing Company et al.; suit in attachment. Superior Court, Room 3. Olil Soldiers AVinh to Help. To th* Editor of the Indianapolis Journal: In this county there are a great many veterans who would like to do something for the country they helped to save, and white they realize that their marching days are over thoir intense patriotism will not allow them to remain idle tvhile they "smell the battle from afar.” Why would it not be a good thing, in the event of war, for Governor Mount to muster in a battalion of the old boys to do garrison duty, thereby giving tbe younger men a chance to enter the field and win their spurs as we won ours. Why cannot the Journal, which has ever been the stanch friend of the soldier, bring this matter to Governor Mount's attention and urge its feasibility? Why not give us the sought-for opportunity of again demonstrating our perfect willingness to uphold “Old Glory” on land or sea, and not suffer us to bo entirely relegated to the rear as back numbers? We can still handle a gun. do effective guard duty, and fight, too. as of old when the enemy reaches us, but are unable to follow an army on the march. J speak for tw’effty-one old soldiers of this community. FRANK KEOUGH, Late Company E, Fifteenth Infantry, Greensburg, Ind., April 16. It Was Stephen D. Lee. To-the Editor of the Indianapolis Journal: In answer to an inquiry in “Questions and Answers” in the Sunday Journal of April 10 by W. G., and a communication from Robert W. Medkirk in your issue of the 13th inst. as to which General Lee it was who was connected with the Confederate army in the West during the late war, I refer them to Vol. 32, Part 1, war of the rebellion records. in which it is shown that it was Stephen D. Lee who was a lieutenant general. and was in command of the Department of Alabama. Mississippi and East Louisiana, with headquarters at Meridian, Miss., in 1564. He was in the field with Forrest at Guntown, and had some sharp (orrespondcr.ee with General C. C. Washburn in regard to the treatment of our colored troops at Guntown and Fort Pillow. C. L. THOMAS. Crawfordsvilie, Ind., April 16. Pensions for Veterans. Certificates have been issued to the fol-lowing-r.amcd Indianians: Original—George Seaver. Harrell. $6: Howard B. Massey. Richmond. $6; Joseph M. Humphreys. Kendallvillc, $10; Leonard G. Farr. Liberty, SB. Restoration and Additional—James P. Davis, deceased. Monticello. $4 to $6. Increase—Samuel T. Lockhart. Vallonm, $lO to sl2; James D. Wedgewood. Mitchell, Sl7 to $24: William W. Hawkins. Mishawaka. $24 to S3O; Joseph Connell, Oakford, sl6 to $24; Nimrod Lewis. Indianapolis, $6 to sl2; Gregory Lee, Mitchell, sl2 to sl6; William Overly. Elkhart, sl4 to sl7. Reissue —Robert Joliy, Beech Grove. $24. Original Widows, etc.—Annie Criffield, Indianapolis. sl2: Julia A. Acton. Franklin. $8; Susan Nichols, Battle Ground, $8; Mary J. Williams, Indianapolis, sl2. Its Value. Chicago Post. "I have here.” he said, "the plans and drawings of the greatest aerial war machine ever invented.’’ “How is it supposed to work?” asked the editor after he had examined the design with considerable care. “Oh. it Isn't supposed to work at nil,” replied the inventor with pleasing frankness, “but you can see at a glance how attractive it will look in a newspaper or a magazine.”
STRONG GRAIN MARKETS JULY WHEAT CLIMBED 2 TEXTS OX HEAVY GEXER,\L DEMAND. Lelter Believed to Have Sold 5.000,000 Hushc-ls, Putting: Him Out of , the July Deal. CHICAGO. April 16.—'The strength of the foreign wheat markets and the belief that impending hostilities will cause a rise in prices made wheat to-day almost as strong as it was weak yesterday, and resulted in an advance of 2c in July. Foreigners accepted freely of yesterday's cable offers. Corn made the unusual advance of ?ie, while oats closed %@*4c. higher, both markets being affected principally by wheat. Provisions show little change. Trade in wheat was treated to a genuine surprise at the opening. In spite of all the selling done here yesterday of millions of bushels by important long interests, and notwithstanding the drop of 3c a bushel in July, all foreign markets came higher. Liverpool in particular was strong, showing advances ranging from Me to %c. A feature of the advance at Liverpool was the fact that the July price there was 25c higher than the prevailing price in this market or considerably above the average shipping rates. New York reported that acceptances of wheat on all propositions made by cable from there yesterday were the heaviest of the season, practically everything offered being taken. It was evident from this that tho belief in war overshadowed everything else in the minds of the foreigners. The opening trades in July were at frem 85%c to 85%e, against 84$i<@ S4%c at the close yesterday. For a moment or two the market hesitated. Then it commenced to advance, and for forty-live minutes tho buying demand was simply enormous. All classes of traders came into the market for wheat. It was not a one-man market; the demand was general and broad. The ordinary news of the day was as completely ignored as it was yesterday. Traders paid but. little attention to anything but the foreign demand for American wheat, but that was sufficient. Not until the price had advanced to 87%c was there any marked selling pressure. This price, however, was well above calls, and selling against the.vSi privileges, coupled with liberal realizing of a general kind, put a stop to the advance and caused the market to recede slowly to 86%e. Apparently by this time the demand for wheat had been pretty well satisfied, for although the market reacted to 87*4t\ it was done slowly, the latter point not being reached until about 11:30 o’clock. During the last half hour of the short Saturday session the market was comparatively quiet but firm, with prices keeping within a *4<- margin. Northwest receipts were light, Minneapolis and Duluth reporting 159 ears, against 171 last week and 721 a year ago. Chicago receipts were 77 cars. The addition to contract stocks today amounted to 101,000 bushels. Clearances from Atlantic ports were 719,000 bushels. World's shipments Monday are expected to show about 7,60f).<i00 bushels. Letter’s sales of July yesterday, which were placed at that time at 5.000,000 bushels, were estimated to-day by many as high as 8.000,000 bushels, and as this was believed to have practically put him out of tho July deal it undoubtedly had a good deal to do with the broadening of trade. This belief was strengthened by the fact that to-day his dealings were comparatively insignificant. The closing price for July was 86%c. Corn was strong from the start. There was quite heavy buying all day. many prominent local players being caught short by the unexpected jump in wheat. by a sharp advance in cables, and by heavy acceptances over night. The price at one time showed about a cent advance. May ranged from 30%c to 29%c and closed %'S®ic higher at 30j|c. There was an active general trade in oats. The market was firm and higher early with wheat and corn, shorts covering freely. Prices were maintained for some time, but broke rapidly under heavy selling by prominent wheat speculators, taking the close rather easy. May ranged from 26%c to 25%c and closed higher at 25%0. Provisions were dull, most of the trading done being in lard. War talk and the strength of grain markets caused a small early advance, which was lost under selling by local packers. The close was steady, May pork 2%c lower at $9.77*4, May lard 2>4c higher at $5.17*4, and May ribs 2V>c lower at ss.l2Vi. Estimated receipts on Monday—Wheat. 73 cars; corn, 290 cars; oats, 285 cars: hogs, 30.000 head. Leading futures ranged as follows: Open- High- Low- ClosArticles. ing. est. est. ing. Wheat—May sl.lO sl.lO $1.09 $1.09 July 8644 87*4 85% 86% Sept ;s% 79% 78 79 Pc 78% 79% 7.8% 79% Corn—May 80 30% 29% 30*4 July .01% 32 31% 31% Sept 32% 33 32% 32% Oats—May 26 26% 25% 25% July 23% 23% 23% 23% Pork—May 9.90 9.90 9.77% 9.77% July 9.95 10.05 9.90 ' 9.90 Lard—May 5.20 5.20 5.17% 5.17% July 5.22% 5.27% 5.22% 5.25 Sept 5 30 5.35 5.30 5.32% Ribs—May 5.12% 5.17% 5.12% 5.12% July 5.20 5.20 5.20 5.20 Sept 5.27% 5.27% 5.27% 5.27% Cash quotations were as follows: Flour steady; winter wheat patents. $4.8005; straights, $4.20(g) 4.60: spring specials, [email protected]; spring wheat patents, [email protected]; straights. $4.4004.60; bakers, $3.50 @4. No. 2 red wheat. SI.OB. No. 2 corn. 30%@31c; No. 2 yellow, 30%@31c. No. 2 oats. 26@26%c: No. 2 white, f. o. b., 28032 c: No. 3 white, f. o. b., 28% @?o%c. No. 2 rye. 52%c. No. 2 barley, f. o. b., 38@45c. No. 1 flaxseed, $1.23; new, $1.23%. Prime timothy seed. $2.85. Mess pork, per brl, [email protected]. Lard, per 100 lbs, $5.17%. Short-rib sides (loose), dry-salted shoulder? (boxed), $4.62%@4.75; short-clear sides (boxed). $'.4505.55. Whisky, distillers’ finished goods, per gal, $1.20. Receipts—Flour, 9,000 brls: wheat. 54.000 bu: corn. 206.000 bu; oats. 329.000 uu; rye, 6.000 bu; barley. 39,000 bu. Shipments—Flour. 7.000 brls; wheat. 212.000 bu; corn, 521.000 bu; oats, 359,000 bu; rye, 127,000 bu; barley, 6,000 -u.
AT NEW YORK. Rating Price* In Produce nt the Seaboard’s Commercial Metropolis. NEW YORK, April 16.—Flour—Receipts, 16,328 brls; exports, 19,334 brls. Market stronger, but not quotably higher; winter patents, $4 8505.25; winter straights, [email protected]; Minnesota patents, $5.2005.55; winter extras, $3.6504.10; Minnesota bakers, $4.2504.45; winter low grades, $2.90@3. Rye flour firm at $2 [email protected]. Com meal firm; yellow Western, 70c-. Bye firmer; No. 2 Western, 60® 60%c. Barley steady. Barley malt quiet; Western, 53065 c. Wheat—Receipts. 93,425 bu; exports, 166,750 bu. Spot stronger; No. 2 red. sl.lO, f. o. b. afloat. Options opened strong and higher on surprisingly firm Liverpool cables. Shorts were heavy buyers most of the forenoon, covering yesterday's sales and influenced also by renewed war talk; closed 2%02}4c net higher; May, $1.0501.06%, closed at sl.lmvt. Carn—Receipts, 616,200 bu; exports, 358,008 bu. Spot firm; No. 2, 36%c. Options bullishly affected by strong cablea and big clearances, advanced all the forenoon and closed %c net higher; May, 34 13-160 35’Ac, closed at 35%c. Oats—Receipts, 148,800 bu; exports, 192,822 bu. Spot firm; No. 2, 30%@31c; No. 2 white, 32%c. Options quiet, but firmer with the other departments, closing %c higher; May, 29%@29%c, closed at 2974 c. Feed firm; bran, 75090 c; middlings. 80083 c; rye feed, 62%@C5c. Hay quiet; shipping, 30035 c; good to choice, 53070 c. Hops oulet; State, common to choice, 1893 crop, 4@3c; 1896 crop, 7@Bc; 1897 crop, 15@17c; Pacific coast, 1895 crop, 4@sc; 1896 crop, B@9c; 1897 crop, 15@17c; London market, 30@905. Hides steady; Galveston, 15%c; Texas dry, 12%c; California, 17%@18c. Leather steady; hemlock sole, Buenos Ayres, 19%@20e. Beef firm; family, [email protected]; extra mess, S9O 9.73; beef hams, $22@23; packet, $10.25011. Cut meats quiet; pickled bellies, $5.7506.50; pickled shoulders, $4.50; pickled hams, $7.5007.73. laird steady; Western steam closed at $5.47%. Pork steady; mess, $9.75@10; short-clear, $10.25012.50; family, $11.50. Tallow easier; city. 3%c; country. 3%@3%c, as to quality. Rice steady; fair to extra. 4%@6560; Japan. 5% @6%e. Molasses quiet; New Orleans open kettle, good to choice, 380>43e. Cotton-seed oil steady; prime crude. 19%c: prime crude, f. o. b. mills, 14%@15%c: prime summer yellow, 22%@22%c; off summer yellow. 22022 l ic; butter ell. 25@27c; prime winter yellow, 27%@2*%c. Coffee—Options opened steady, with prices unchanged to 5 rolnts higher; ruled quiet, with April showing relative strength on shorts covering and spot coffee firms buying; bears nervous, owing to threatened break of war cloud and marked falling cflt in visible supply; closed steady and unchanged to 20 points higher. Hales. 16.500 bags, including: May, 5.90@6c. • Spot coffee— Rio ateudy:
No. 7, invoice 6%e. Jobbing 7%e. Mild quiet: Cordova. 8%@15c. Rlo—Kecelpts. 13.04)0 bags; cleared for the United States. 17.000 bags: cleared for Europe, 3.000 bags; stock, 179,C00 bags. Total warehouse deliveries frem the United States. 43.396 bags, including 39.824 frem New rork: New York stock to-day, '30.729 bags; United States stock. 654,903 bags; afloat for the United States, 343,000 bags; total visible for the United State*. 997.903 bags, against (04.841 last year and 414.578 in 1896. Sugar— Raw quiet; fair refining, 39-16 c; centrifugal, 96 test, 4 l-16c; refined quiet; mold A. 5 7-16 e; standard A, 5 1-16 c; confectioners’ A. 5 l-s6c; cut-loaf. 311-16 c: crushed. 5 11-16 c: powdered, 5 7-16 c; granulated. 5 3-16 c; cubes, 5 7-16 c. TRADE IX GEXERAL. Quotation!* nt St. Lonii*. Baltimore, Cincinnati and Oilier Places. ST. LOUIS. April 16.—Flour unchanged. Wheat higher, closing %c for May. 2%c for July and_U-c up compared with Saturday. Spot higher; No. 2 red, cash, elevator. $1; track. $1.0161.01%; April, $1: May. $1.02; July, 82c asked: September. Tic bid; No. 2 hard, cash, 93c. Corn—Futures strong, closing fractions above yesterday. Spot higher; No. 2. cash, 28%c; April. 28%c: May. 28%e; July. 29V@29%c; September. 30%c bid. Oats —Futures dull, but firm and higher. Spot dull and easy; No. 2. cash. 27c; track. 27%c; April. 27c; May, 27c bid; July, 23%c; September. 21 %c; No. 2 white, 29%c. Rye easier at 02%c. Flaxseed nominal at $1.20. Prime timothy seed, [email protected]. Bran firm; racked, east track. 59%c. Corn meal firm at $1.55 @1.60. Hay in demand for choice grades, which are scarce; prairie, $7.50; timothy, $BOll. Butter lower: creamery. 16@20c; dairy. 11© 16c. Eggs steady at 9c. Whisky. $1.20. Cotton ties and bagging unchanged, Pork lower: standard mess. Jobbing. $9.75. Lard firmer; prime steam, $5; choice, $5.07%. Bacon—Boxed shoulders, $5.37%@5.50; extra short-clear, $3.87%; ribs. $0; shorts. $6.12%. Pry-salt meats —Boxed shoulders, [email protected]%; extra short-clear. $5.25; ribs, $5.37%: shorts, $5.50. Receipts—Flour, 4,000 brls; wheat. 19,000 bu; corn. 117,000 bu; oats, 28,000 bu. Shipments—Flour. 3.000 brls; wheat none; corn, 54,000 bu; oats. 7,000 bu. BALTIMORE. April 16.—Flour unchanged; receipts. 7,038 brls; exports, 2,740 brls. Wheat strong and higher; spot and month, $1.02%@1.02%; May, $1.02*401.03; steamer No. 2 red, 99@99%c; receipts, 44.579 bu; exports. 207.463 bu; Southern wheat by sample. $101.03%; Southern wheat On grade. [email protected]. Com strong and higher; spot and month, 35%@35%c: May. 35%®35%c; steamer mixed, 35@35%e; receipts. 135.883 bu; exports, 209,285 bu; Southern white corn, 36@36%c; Southern yellow. 33%@36c. Oats firm: No. 2 white, 34c bid; No. 2 mixed, 30%@31c; receipts, 44.458 bu; exports. 40,485 bu. Rve firm; No. 2 near-by, 58%@ 58%c; No. 2 Western. 59%e: receipts. 4.984 bu; exports none. Hay firm; choice timothy. $12.50 @l3. Grain freights—Parcel room quiet; steamers firm and unchanged. Butter and eggs firm and unchanged. Cheese steady and unchanged. LIVERPOOL, April 16.—Wheat—Spot firm: No. 2 red Western winter, 8s %and; No. 1 red Northern spring. 8s 3%d. Corn—Spot firm; American mixed, new, 3s r,%d". Flour—St. Louts fancy winter firm at 10s. Beef firm; extra India mess, 68s 9d; prime mess, 62s 6d. Pork firm; prime mess, fine Western. 51s 3d; prime mess, medium Western. 4Ss 9d. Hants—fchort-eut firm at 355. Bacon firm at 32s 6d. Short-ribs, 31s 6d. Long-clear middles, light, 31s: long-clear middles, heavy, 30s 6d; short-clear backs. 30s; clear bellies?. 335. {Shoulders*—Square, 265. Lard —Prime Western dull at 275. Cheese— American finest white and colored firm at 395. Tallow —Prime city steady at 19s 6d. CINCINNATI. April IC.—Flour quiet. Wheat easy; No. 2 red, 980. Com steady; No. 2 mixed, 32c." Oats steady; No. 2 mixed, 28%@28c. Kye firm: No. 2,53 c. Lard firmer at $6.05. Bulk meats steady at $5.25. Bacon steady at $6. ‘Whisky firm at $1.20. Butter steady. Sugar firmer. Eggs firm at 8%0. Cheese steady. TOLEDO. April 16.—Wheat higher and weak; No. 2. cash. $1.02; May, sl.Ol. Com active and higher; No. 2 mixed, 31%c. Oats dull, but steady; No. 2 mixed, 27%c. Rye dtiu, but higher; No. 2, cash, 54c. Clover seed higher and steady; prime, DETROIT, April 16.—Wheat—No. 1 white. 96%c; No. 2 red. cash and May. 98%c. Cosm —No. 2 mixed, 33%c. Oats—No. 2 white, 31%c. Rye—No. 2,55 c.
t Oil!*. OIL CITY. April 16. Credit balances. 75c; certificates opened and closed ai 74%r bill for cash; sales, 1,000 brls cash at 74%e; shipments, 84,730 brls; runs. 74,356 brls. WILMINGTON. April 16.—Spirits of turpentine steady at 25%@25%c. Rosin dull at $1.0501.10. Crude turpentine quiet at $1.25, SI.BO and $1.90. Tar firm at 96c. NEW YORK, April 16. Petroleum dull. Rosin easy; strained, common to good. $1.42%@1.46. Spirits of turpentine Eteady at 30@30%c. CHARLESTON, April 16.—Spirits of turpentine firm at 36%e. Rosin firm and unchanged. SAVANNAH. April 16.—Spirits of turpentine firm at 25%c. Rosin firm and unchanged. Batter, Egg* anil Cheese. NEW YORK, April 16.—Butter—Receipts, 3,261 packages. Market easy; Western creamery, 15® 19e; Elgtns, 19c; factory. 12@15c. Cheese—Receipts, 770 packages. Market steady; white, 8c; light skims. e%@6%c; part skims, s@6c: full skims. 2@Sc-. Eggs-Receipts. 6,625 packages. Market steady; Western, 10%@10%c; Southern, 9@9%c. • KANSAS CITY. April 16.—Butter lower; creamery, 15018 c: delry, 12%@15e. Eggs firm at yesterday’s advance: fresh candled Missouri and Kansas stock. B%c. cases returned; seconds. 6c. PHILADELPHIA. April 16.—Butter dull and %c lower: fancy Western creamery, 20%e; fancy Western creamery prints, 22c. Eggs steady; fresh Western, 10%e. Cheese firm. CHICAGO, April 16.—0n the Produce Exchange to-day the butter market was weak; creamery, 14@18c; dairy, ll@l6c. Cheese quiet at B@B%c. Eggs firm; tresh, 9%c. Dry Goods. NEW YORK, April 16.—The week in dry goods •has been more satisfactory in its tendencies, if not in its actual results. Sellers have found that buyers are willing to make concessions in order to" clean up stocks which will be useless In a few weeks. In fact ouch class has shown an easier dealing tendency and a generally better feeling prevails. The actual business passing has been small and irregular from day to day. Reorders have been light and In general confined to actual needa Cottons have not bettered their conditions in any grade. Prints are Irregular and not at all reassuring in their movement. Print cloths have sold fairly well, but not well enough to equal the output at Fall River. The quotation is still 2c for extras, with a limited demand recorded. Colton. NEW ORLEANS. April 16.—Cotton active and firm; sales, 5,460 bales; ordinary. 4%c; good ordinary. 4%c; low middling. 5%c; middling, 5%c; good middling. 6c; middling fair. 6%e nominal; receipts, 4,327 bales; stock, 286,572 bales. NEW YORK, April 16.—Cotton closed steady; middling uplands, 6 5-lCc; middling guir, 6 9-16 c; sales, 1,106 bales. Metal*. NEW 'YORK, April 16.—Lead was called dull at 8.50 c, copper steady at 11.87%c and casting copper steady at U.12%c. by the firm fixing the settling prices for miners and smelters in the West today. The Metal Exchange Issued no report to-day. ST. LOUIS. April 16.—Lead lower at 3.40 c. Spelter higher at 4.15 c. Dried Fruits. NEW YORK, April 16.—California dried fruits steady; evaporated apples, common, 5@7%c; prime wire tray, 8c; wood-dried, prime, B%c; choice, B%c: fancy, 9@9%c. Prunes, 3%@7%e. Apricots— Royal, 5%@70; Moor Park, B%@loc. Peaches— Unpealed, s®Be; peeled, Il®l4c. Wool. NEW YORK. April 16.—W00l quiet; fleece, 17® 22c; Texas, 12014 c. LIVE STOCK. Cattle Ciichn lifted —Hogs a Shade Stronger—Sheep Steady. INDIANAPOLIS, April 16,-Cattle—Receipts light; shipments none. The market was nominally the same as the close of Friday. Export grades s4.7fl@ 5.00 Killers, medium to good 4.35® 4.60 Killers, common to fair 3.75® 4.15 Feeders, fair to good 4.25® 4.60 Stockers, common to good 3.750 5.00 Heifers, good to choice 3.75® 4.25 Heifers, common to fair 3.20® 3.60 Cows, good to choice 3.60® 3.85 Cows, lair to medium 2.85® 3.35 Cows, common and old 2.00® 2.50 Veals, good to choice 4.75® 6.59 Veals, common to medium 3.00@ 4.00 Bulls, good to choice 3.25@ 3.75 Bulls, common to medium 2.50® 3.00 Milkers, good to choice 32.00®40.00 Milkers, common to medium 20.00027.00 Hogs—Receipts, 3.500; shipments, 1,000. The supply was light. The market was active at a shade stronger prices. Both puckers and order trade were liberal purchasers. The closing was strong at an advance and all were sold in good season. Light [email protected]% Mixed 3.6503.80 Heavy packing and shipping 3.7008.85 Pigs 2.50®3.50 Roughs 3.00®3.55 Sheep and Lambs—Receipts none; shipments none. Nothing here. The Indications favor a steady market for good grades. Sheep, good to choice .$3.7504.25 Sheep, common to medium...*. 3.00®3.50 Lambs, good to choice [email protected] Lambs, common to fair [email protected] Bucks, per head [email protected] Elsewhere. CHICAGO, April IC.—A few cattle arrived today to make a market and prices were nominal as a rule, closing anywhere from 15c to 35c lower than a week ago. Exporters have canceled their contracts in a number of instances, owing to bad English markets, and this has helped to depress prices. Fed Western cattle have been selling badly all week. Trade in hogs started ofT slow at slightly lower prices, but firmed up a little later on good demand. Light weights sold at $3.65®3.87% and heavy hogs at $3.7903.72%. according to quality. Pigs sold at $303.80, largely at $3.15®3.40, for little fellows, and at $3.5003.89 for the heavier ones. Nearly all of the sheep and iambs received today were consigned to packers. Lambs were salable at $5.5005.62% for wooled Mexicans and at s4@s for shorn flocks. Shorn sheep sold at [email protected], few going below $4. Receipts—Cattle, 200: hogs, 17.0C0; sheep, 500. ST. LOUTS, April 16.—Cattle—Receipts, 1,410, including 500 Texans; shipments, 400. Market steady; fair to fancy native shipping and export steers. $4.5C®5.63, bulk at $4.7505.30: dressed beef and butchers steers, $3.9005.10, bulk at $4.40® 4.65: steers under 1,000 lbs, $3.9004.50, bulk at $4.*@4.36; stochers and feeders. $3.2504.90, bulk at $404.55. ccws and hellers, [email protected], bulk of cows.
[email protected]: Texas steers. *[email protected], bulk at $4.20 @4.45; cow* and heifers. $303.50. Hogs—Receipts. 2.400; shipment*. 2.200. Yorker*, $3.6503.73: packer*. $3.7003.85; butchers. 3.*5*S.M. Sheep;— Receipts. 3fio; shipment*, 100. Market steady; native muttons. $4.2504.75; lambs. $5®5.75. KANSAS CITY, April 16.—Cattle—Receipts, 100. Market nominal, compared with a week ago; prime heavy cattle are 20030 c lower; light beeves. lo@lsc lower: cows and heifers. s@loc lower; bulls iwul stockers and feeders remain quiet and unchanged. Hogs—Receipts. 6.300. Market steady to a shade lower, few light hogs showing as much as 5c decline; bulk sold at $3.6003.75 and the top was *3.85. Sheep—Receipts. 2,560. Compared with a week ago. sheep sell at an advance of s@loe, While lambs show a decline of 10015 c. NEW YORK. April 16.—Beeves—Receipts. 858; no trading; exports, 941 cattle, 672 sheep and 1.403 quartets of beef. Calves—Receipt* none; city aressed veals, 7%@10e. Hogs—Receipts, 3.488. Market nominal at f4@ 4.25. Sheep and Lambs—Receipts. 1.559. Market slow and lower; unshorn sheep. $4.5005; clipped sheep, $4.12%@4.35; exporters. $4.30: unshorn lambs, $5.50 @6.06; clipped lambs, $4.60®5; spring lambs. $205. EAST BUFFALO. April 16. Cattle dull and slow. Hogs— Yorker*, good to choice, *3.95: roughs, common to choice, $3.1003.60; pigs, good to choice, $3.4003.65. Sheep and Lambs—Lambs, choice to extra. $5 70 @5.85; culls to common, [email protected]; clipped lambs, $4.2505: sheep, choice to selected wethers. $4.9005; culls to common, $3.00@4; clipped sheep), $3,150 4.25. LOUISVILLE. April 16.—Cattle—Receipts light and prices unchanged. Hogs—Receipt*, 362. Market steady and price* unchanged. Sheep and Limbs-Receipts, 235. Maiket steady and prices unchanged. EAST LIBERTY. April 16.—Cattle steady; extra. [email protected]: veal calves, $4.6005. Sheep and Lambs—Choice clipped lambs. $4.85 @5: common to good, $4.2504.80; spring lambs, s6@B. CINCINNATI. April 16.—Cattle steady at $2.78 04.75. Hogs steady at $3.1003.80. Sheep steady at [email protected]; lambs steady at $4 @5.60. HOW WAR WILL BEGIX. 1 Plan Formulated lo Make Spain Commenre Hostilities. Washington Letter in St. Louis Globe-Dem-ocrat. Some ten days ago the lawyers in th Senate, who had been requested by representatives of the administration to make a research of international law and the precedents upon which the powers would proceed after the close of our war with Spain, reported that-re?ognltion of the insurgents as a form of government or the declaration of independence of the island would certainly fasten upon the United States the debt of both the Cuban government nnd Spain, and after the administration had begun a nro’cedifre 16*Avoid the responsibility in the declaration by Congress a programme) was mapped out, and here it is, from a high official: "When tho joint resolution Incomes a law one of the fleets of our navy, possibly the one that has been stationed at Hamptom Roads, will be used as a convoy to accompany a fleet provisioned for the succor of the starving people of the island of Cuba. There will possibly be- six or eight of the war ships of various descriptions, and possibly a like number of merchantmen loaded with provisions, clothing, physicians and: r.ufges: The objective point is Matanzas, but it is likely a lower point on the island; will bo selected, as it is reported that the harbor at Matanzas has been planted with; mines and torpedoes. “It is confidently expected that the Spanish will resist the landing of this fleet. It; will certainly accept the mission as one of war rather than of mercy and peace. Thei tiring upon this fleet by Spain will be a, parallel, in the rules of war. to the firing upon Fort Sumter by the Confederates. ‘‘The administration has been consulting tlie policy of President Lincoln in so proceeding with affairs in the bay of Charleston as to be on the defensive rather than the offensive at tho opening of our civil? v ar. It is said that Lincoln’s policy was to make it cl?ar that the federal govern- • ment would not be antagonized by any of! the foreign powers, inasmuch as we had; not precipitated the war, and. secondly, to avoid.the payment at the close of the war cf damages that would be incurred on account of the destruction of property by fwd~< crai trops. but owned by the Confederates. "When Spain fires upon our fleet we will first (Congress not having made a declaration which would, in written law. make us financially responsible) be absolved from any financial liabilities incurred by any one op the Island of Cuba, and. secondly, wo will have mado it impossible for any armed interference upon tho part of any of the powers. “It is believed that there will he a junction of the marine and other forces landed by our fleets and the insurgents at the point of our landing in Cuba. War will then be in existence. Immediately there is to be a march to the seaports in the direction of Havana and each one will be taken a6 rapidly: as Reached. Contemporaneous* with the movement of our soldiers on land will be that of our fleet at Key West on tho harbor of Havana, w'hich city is to be bombarded from every direction. “After the departure of the Spanish troops* from Cuba will come the serious Question of privateering upon all vessels sailing under the American flag. It is not believed that more than three woeks can elapse after the passage of the resolution bv Congress before the bombardment of Havana, unless* Spain voluntarily evacuates the Island of Cuba. It is believed that many months will elapse before the privateering on our merchantmen on the sea caa be stopped.” ~ Skinny. Atchison Globe. Someone asked an Atchison girl at a party recently if she was of Cuban origin. She thought he referred to her large dark eves, and was flattered, but he was really thinking of her neck, which was like that of a reconcentrado.
BEALS. STENCILS. STAMPS. STENCILS,STAMPS, FREH BADGES.CHECKS &C i gjjttTELOßft. ISSLMERIDIANSLORPUWPfiooR.{i RAILROAD TIME TABLE. ON and after Sunday February 13. 1898, trains will run as follows: (Central! Standard Tiirle.) All trains enter UNION RAILWAY STATION. —P. M. Time In Oluvk Face Figures.— Trains marked thus: Dy—Dally, S— Sleeper* P—Parlor Car, C—Chair Car, D—Dining Car. CLEVE., CIN., CHI. A ST. LOUIS R’Y. Cleveland Division—Big Four. DEPARTI ARRIVB New York ex, dy s. 4:15 U CRy # & W ac, dy. 9:25 And’n & B II ex.... 6:851 S’wst’n llm, dy, and a. 11:3® Cleveland mail 10:35! U. 11. & And'n ex 3:14> And’on & B H ex.. 11:1C!Cleveland ex OiOO U C & W ac, dy.. 4.80 B.H. & And’n ex. N:45 Knick’b'r, dy. ands. 0:25 N. Y. ex, dy. 5... 10:50 St. Louts Division—Big Four. St Louis expr 7:30! New York ex, dy, s. 4:03 S’wst’n llm, dy. ands. 11:451 Mat &T H acc 10:30 T. H. & Mat. ac.. 4:30! St. Louis express. 5:30 NY & StL ex.dy sll :2<> Kn’kb'r sp, and s.dy 0:10 Cincinnati Division—Big Four. Cln & Lou f 1, dy. s 3:45 Greensburg acc 9:o® St L & Cln f 1, dy. s 4:15 Cln’tl acc. dy 11:15 Cincinnati accom... 7:00 C, L & St L mall, Cincinnati acc0m...10:50 dy, and a and p....11:4® Cln. & Lou. dy. p 2:45 Chi. Llm.. p 4:15 Greensburg acc... 5:30 Cln & Ind ex, p... 0:40 C’tl & Wash. F. L, C I&StL ex. dy s.l liO dy, and. sand p... 0:20 Chi & Lou, dy, s. 11:50 Chicago Division—Big Four. Lafayette accom.... 7:10, Cln f I. dy, s 3:30 Chi f m, dy, and p....11:45! Lafayette accom... 10:30 Chi. Llm, and p 4:15 Cln mall.pd. dy. 2135 Lafayette acc 0:15 Lafayette acc 5:45 Chi F L, dy s 12:0oiC’tl & Wash, dp. 0:10 Michigan Division—Big Four. Benton Harbor ex.. 6:33| Wabash acc, dy.... 9:2S Mich mail and ex..11:15 B.Harbr m’l ex... 3:10 Wabash acc, dy.. 4:501 Michigan expr.... 8:45 Peoria Dlv., West—Big Four. Peoria ex and mail. 7:25| Col & Cln ex, dy. s. 3:30 Weat’n ex. dy, p...U:45| Champaign accom..lo:2o Champaign acc... 4:35 N.Y. ex & mail... 2:42 Peoria ex, dy, s.. 11:15! Peoria ex, dy, p.. <1:10 Peoria Dlv., East—Big Four. Columbus express.. S:201 Springfield expr 11:35 Sp'field & Col. ex. 3:25 Columbus expr... 0:00 PITTS., CIN., CHI. & ST. LOUIS R’Y. Indianapolis Division—Penn:: Line. Eastern ex, dy. 5... 5:50 Lim'd mail, dy sand. 8:05 Columbus accom.... 8:30 Richmond accom... 9:r® Richmond acc.... 1:31? Si. L. ex. dy, ds. 12:30 Atl'c ex, dy, and a.. 2:40 ind'p'lsacc 3:15 Day ex, dy... 5:0O, Mall express, dy.. 0:50 StL&NY. dy sand.. 7:20* West’n ex, dy. s.. 10:00 Chicago Division—l'ennu 11. B. Lou & Chi ex, fly p. 11:351 Chi & Lou f ex.dy r 3:l® Lou& Chi f ex.dy 12:10 Chi *Lo ex. dy p. 3:45 Louisville Division—Penna R. R. Lou & So spl. dy. s. 3:30; Mad & Ind acc......10:2® Lou & Mad ac. dy a 8:15 St L & C f I. dy. p.1i:20 Ind & Mad accom, ; Mad. & Ind. ac... s:io Sunday only 7:00 Ind & Pitts, dy. • 0:55 Ind. & Mad. ac... 3:35. Mad. & Ind. acc., L. & At'a, dy, p.. 4:051 Sunday 0n1y.... 9:00 Louisville acc.... S:OO'L & Oht ex, dy 8.11:40 VANDALI A LINK. Terre Haute ex, dy. 7:20j New York ex, dy s. 5:4® N Y & StL, dy sand. 8:10! Effingham accom...lo:o® StL ex, dy, ds p. 12:40 T. Haute ej(* dy. 1:20 Effingham acc... 4:00 Atl’c ex. dy. da p. 2:35 Fast Mail, dy.... 7:00 Fast Line, daily. 4:45 Western ex, dy s. 11:20 StL & NY. dy, sand 7:15 INDIANAPOLIS A VINCENNES R. R. C'rd & V'nes ex, dy R:lal Vincennes expr 10:4# Vincennes expr... 4sOO Cairo expr. dy.... 4:5H CINCINNATI, HAMILTON A DAYT’N R’Y Cln vest. dy. s c.... 3:45. Cln vest, dy, n 12:45 Fast mall, dy, s— 8:05' Fast mail, dy, a— o:s® Cln & lJ’tr’t ex 10:45 Cinti ex., dy, p 11:45 Clntl xpr, p 2:45 Cln vent, and p 3:20 Cln v’st'bl, dy and p .4:45 Cln & Iml act).... 7:50 Cln & D’tr't ex. dv 7:00! Cinti ex. dy, , c. 10:35 LAKE ERIE A W KSTEHN It. 11. Mall and expr 7:00l Ind’pla ex. dy 10:3® TANARUS, D & M C ex, dy 1:20 Mall and expr.... 2:35 Evening expr 7:00 Toledo exp: 41:00 INDIANA, UKi'ATI'R A WESTERN R’Y. Mall and expr 8:15! Fast expr, dv, a c.. 3:40 Chicago express 11:501Tuscola arc 10:40 Tuscola accom— 3:45 Chicago expr 2:40 Fast ex, dy. c .11:10 Mall and expr.... 4:448 C., I. A I v, R’Y. (Mouun Route.) Ch! r.ight ex. ay. a, 12:55 Cin vest. dy. s 3:3® Fast mall. dy. g... 7:00 Fast mall. dy. 5.,.. 7:5.4 Chi expr. i 11:50 Cln vest, dy, 4 p. 4:3T Chi vest, a p.,, M 3135, Chicago expr..,.. It-li!
7
