Indianapolis Journal, Volume 49, Number 9, Indianapolis, Marion County, 9 January 1899 — Page 7
THE L. A. KINSEY CO., INCORPORATED. CAPITAL, *2O.OOO—FULL PAID. -BROKERSChicago Grain and Provisions, New York Stocks. Long Distance Telephone. 1375 and 1592. 11 and 13 West Pearl Street Cincinnati Office. Room 4, Carlisle Rulldlng. TONNAGE IS INCREASING TARIFF HATES NO B MIRIEIt TO THE LOADED-CAII MOVEMENT. I'enniiylvuiiiu Men 111 with (irip— Over Six Million PauenKerN Handled on the Big Four in ISOM. The business of the week ending Jan. 7 was something of a surprise to freight officials, as, with the restoration of rates to tariff, a falling off in tonnage was expected; instead, the loaded-car movment exceeded that of the preceding week and was in excess of the corresponding week of 1898. when business was near its maximum, the train records showing that in the week ending Jan. 7 there w r ere received and forwarded at Indianapolis 26.152 cars. 21.058 being loaded, an increase over the week ending Dec. 31 of 363 cars. 221 more than were handled in the corresponding week of 1598 , 4.534 more than in 1897, 3.010 more than in 1596, 5.274 more than in 1895, and 3,832 more than in the corresponding week of 1894. The calls for cars on Friday and Saturday showed that the roads would he kept busy when carrying freights at tariff. East-bound the. shipments of provisions last week were exceedingly heavy, and also of dressed meats and flour, while the shipments of grain were not as heavy as in the corresponding week of 189. xYest-bound tonnage is unusually heavy and Is made up of all classes of freights, heavy groceries, iron structural work, coal and coke being tho most important features, and there has not been a. winter in several years when the roads were handling so much heavy machinery, engines, boilers, etc., ami the shipments of agricultural implements and harvest machinery are usually large for mid-winier. The latter, however, is more of local character. Apples and potatoes are being received in larger quantities and from longer distances than in any former years, and a considerable per cent, of these receipts is reshipped to cities and tdwns which draw their supplies from Indianapolis markets. The busy times with the Indianapolis iron, industries, packing houses, manufacturers of corn products, the flouring mills and stock yards make local business highly satisfactory in its voltime. Below is given the car movement for the week ending Jan. 7 and for tho corresponding weeks of 1898 and 1897: Name of Road. 1899. 1898. 1897. C.. 1. & 1 423 411 375 ]., D. & W 488 508 387 t’., H. & D.—lnd’polis div.. 675 074 564 L. B. & W 473 461 366 Penn.—l. & V 1,131 784 570 Penn.-J. M. & 1 843 669 538 Penn.—Chicago div BSS 819 414 Petgi.— Columbus div 2.867 2,113 1.389 Vandalia 2,451 2,516 1.574 I*. .* E.—East div 705 715 625 P. A- B,—West div 776 951 670 Big Four—Chicago div 2.440 2,404 2.035 Big Four—Cincinnati div... 2.804 3.504 2.40; Big Four—St. Louis div.... 2,142 2,244 1,452 Big Four—Cleveland div... 2.300 2,009 2.158 Totals 21,058 20,837 15.524 Empty cars 5,067 6,184 5,918 Total car movement 26,125 27.021 21,442 East-bound shipments from Chicago last week were 126,350 tons, against 131,747 tons for tlie previous week and 141.923 for the eorr< spending week a year ago. The Lake Shore led with 19,698 tons. The Michigan Central carried 12,480 tons; Wabash, 9.461; Fort Wayne, 18,802; Panhandle. 11,205; Baltimore & Ohio, 6,174; Grand Trunk. 19,597; Nii kle-plate, 14,900; Erie, 10,835, and the Big Four, 3,203.
11l with Grip. The grip is unfitting for duty a large number of trainmen, and on some roads to such an extent that the extra Mst of men has been exhausted. The Pennsylvania and the Baltimore & Ohio seem to be more unfortunate than others of the great systems, and this is especially unfortunate, so crowded are these roads with business. On the Pennsylvania line firemen are taking the places of engineers, brakemen are acting as conductors, and new men are being broken in as firemen and brakemen. Pennsylvania men to the number of 464 were, according to the reports received by Dr. W. K. T. Sahm, of the Pennsylvania railroad relief department, disabled Saturday. With but few exceptions these men are victims of la grippe. Other men are suffering from the prevai ing disease, and not members of the relief department are not Included in this list-of disabled men. Altoona men of the Pennsylvania are ill with the dread disease in great numbers. Railroad men hear of the Inroads that the disease has made at the railroad shops at Allegheny, and say that the percentage ill with grip is alarming. Dr. J. A. Spence, medical examiner of the relief department of the Pennsylvania lines west, has had over two hundred cases recorded at one time. Besides these there are many men of his territory iil with grip that are t ot members of the relief department. The disease has made inroads at the Penn-ave-nue general offices, although not to an alarming extent. In some of the larger departments where fifty and more clerks are mployed a half dozen and more men are stricken with the epidemic. The cases reported to Dr. Spence are of men living at places along the Panhandle as far west as Steubenville. The corps of physicians under Dr. Spence, eighteen in number, has been reduced by three stricken with the disease. Os all this body of men of the Pennsylvania lines west that have been reported to Dr. Spence none have died, and there is but a limited number of cases that have developed pneumonia. The eastern division of the Fort Wayne alone is short between 125 and 130 men, mostly grip victims. Tins number includes trainmen, switchmen, yardmen and operators. Kailroad Earnings. Below’ is given the earnings of several local lines for December and for the first half of their fiscal year ending with Dec. 13: Lake Erie A: Western—4th week Dec.... JUT,9OB $114,731 $104,765 Month 301,791 314.174 287,026 Fiscal year 3,464.823 3,438,744 3,343,164 Chicago, Indianapolis & Louisville—4th week Dec..., 87,777 80.318 Month 271.396 248,873 From July 1 1.776,986 1,776.032 Chesapeake & Ohio—4th week Dec.... 419,384 352.286 366,483 Month 1,127.382 1.137.802 1,018,819 From July 1 6.255,094 6,047,766 5,358,529 A Rock Island Flyer. The Chicago. Rock Island & Pacific Railroad last night entered the list of competitors for the overland mail contract, now’ held by the Burlington road, by sending out a train which will run regularly between Chicago and Omaha on the fastest schedule ever attempted between the two cities. The train left Chicago at 7:55 p. m. and is due to arrive in Omaha at S a. m. The running time, twelve hours and five minutes, is nearly two hours faster than the ordinary schedule. Besides the regular express and mail cars the train was made up of a chair car, a coach and a Pullman sleeping car, ail of the most modern construction. The train w’ill make stops only at county seats along the route. Kelt If ond Truffle. There were transferred over the Belt road in the week ending Dec. 7 17.706 cars, against 36.865 In the preceding week. Belt road engines bandied at the stock yards 1.166 carloads of live stock, against 1,026 carloads in the preceding week, and for private industries on its line 883 loaded ears, against 862 cars in the week ending Dec. 31. I‘ersonnl. Local and General Notes. The Monon and Wabash will put in another leaking plant at Delphi. Ind. The Council of Winamuc has notified Superintendent Walton, of the Panhandle's
Logansport division, that their trains must run through that place at lower sj>eed. The Big Four lines proper handled at Indianapolis in the week ending Jan. 7 a total of 11,786 cars. 9.752 being loaded. Firemen on the Pittsburg. Fort Wayne & Chicago are now asigned to regular runs with the same engineer a.I the time. John J Archer, traveling passenger agent of the Ohio River road, has resigned, ilis successor has not yet been agreed on. Freight men are boasting of having held freight rates to tariff for one week, and there has been no failing off in business. The engineers and firemen on the Pittsburg A: Lake Erie are to be uniformed, as an the same class of men on the Lake Si.ore road. The four Pennsylvania lines handled at Indianapolis last week 5,226 loaded cars, an increase over the corresponding week last year of 841. Last week was a record breaker with the Grand Trunk, it handling at Portland, Me , 852 more loaded cars than during any previous week. In 1898 there were handled on the Big Four lines 6.066,313 passengers, and not a traveler was killed or seriously injured, and not a passenger train employe. William C. Taylor has been appointed engineer of maintenance of way of the Wabash district of the Big Four, with headquarters at Wabash, Ind. Like his predecessors. President Newman, of the Luke Shore lines, travels considerably and examines carefully into the condition of the roads in that system. The Fitchburg Company has closed a contract with the Wagner Palace Car Company by which its cars will take the place of the Pullman service on that line. The records show that for four consecutive years the Chicago, Burlington & Quincy has brought into Chicago more live stock and grain that any other Chicago line. C. G. Waldo, general manager of the Cincinnati. Hamilton & Dayton lines, who has been detained several days by illness at Detroit, expects to be at Cincinnati to-day. There was such a demand for the 1889 calendar issued by the Wabash, entitled, “It’s Awful Nice,” that General Passenger Agent Crane has ordered a second edition issued. Charles Rhodes, superintendent of telegraph of the Big Four lines, yesterday buried his father at West Chester, O. The deceased died on Friday, Jged eighty-eight. The Indiana Car-service Association handled in 1898 a total of 228,236 cars, with an average detention of 1.68 days. The bureau handled in 1897 a total of 215,831 cars; in 1896, a total of 205.475. Train 11. on the Panhandle, is the heaviest and said to be the best paying mail train run on any road. It hauls twelve cars, is drawn by two locomotives, and its average speed is forty-two miles an hour. The Great Northern made a remarkable run, all things considered, with the fast mail train from St. Paul to Seattle, on its initial trip last week across the mountains and plains, averaging fifty miles an hour. The Erie last week placed an order with the Richmond loromotive works for fifteen standard ten-wheel freight locomotives, and the Northern Pacific contracted for ten new postal cars and twenty first-class coaches. The Vandalia, in connection with the Pennsylvania lines, has contracted to carry 1.000,000 bushels of grain from Missouri river points to Baltimore and Philadelphia at tariff rates on export grain, which is 13 cents per 10 pounds. Mail train 11, on the Pennslyvania, composed of twelve mail cars, on Thursday made the trip from Altoona to Pittsburg in two hours and six minutes, distance 117 miles, and over the mountains, which makes the run more remarkable. There is considerable friction between the trainmen on the Pittsburg, Bessemer A: Lake Erie and its management over a recent order relating to the making up of trains, and it Is feared that it will lead to trouble unless the order is modified. The bridge at Salt creek, on the Monon, which was washed out three weeks ago, was anew one and cost SB,OOO. The company has to depend on a temporary structure while anew bridge is being constructed. and from this comes the trouble in handling the trains on the main line recently. The official report of J. Q. Hicks, general yardmaster of the Big Fcur, show's that in 1898 there were handled through the terminal yards at Indianapolis 721.105 loaded and 135,974 empty cars, against 545.928 loaded and 146,409 empty cars In 1897—a total of 857,079, an Increase over 1897 of 64,741 cars. For the Chicago division there were handled 288,558 loaded ears; for the Peoria & Eastern, 88,180; for the Bee-line division, 221,927; for the St. Louis division, 122,440. It comes from a source which should be given credence that negotiations are pending which will probably result in a consolidation of the Lehigh Valley with the Philadelphia & Reading. Five years ageyan effort was made to consolidate the two systems and the papers w r ere made out before It was discovered that the law's of Pennsylvania would make the transaction illegal. Now it is claimed that this can be accomplished without any hitch of that character. The controlling interest in the Seabord & Roanoke Railroad Company, the parent corporation of the Seabord Air-line, has been sold, it is announced, to a syndicate composed of Baltimore, Philadelphia and New' York capitalists. Tin- purchasing syndicate is supposed to represent the Pennsylvania Railroad and to have for its complete plans a through line in connection with the Pennsylvania Railroad from Washington to Jacksonville. Consolidation of the Seaboard Airline with the Georgia & Alabama road, the gap to he closed by the Petersburg & Carolina, now under construction, is said to be part of the plan. The St. Paul Press has the following about the new manager of the Baltimore A- Ohio lines, who will take charge on Feb. 1: “Universal satisfaction with the appointment of F. D. Underwood as general manager of the Baltimore & Ohio is expressed by his friends and contemporaries. Seldom has a more suitable appointment been made. Under existing circumstances it was a very difficult matter to find a general manager who could handle the intricate and growing business of the Baltimore & Ohio and please the many diversified interests in the property. Mr. Underwood’s aggressiveness and vigorous personality will be needed in his new’ position. Although in the prime of life he has had a vast, experience of the character which should stand him in good stead on the Eastern line that will set an example to prouder competitors without becoming entirely ‘Westernized.’ ”
SALES OF REAL ESTATE. Eleven Transfers, with n Total Consideration of iMI.tSUO. Instruments filed for record in the recorder's office of Marion county. Indiana, for the twentyfour hours ending at 5 p. m. Jan. 7. 1899. as furnished by Theo. Stein, abstracter of titles, corner of Market and Pennsylvania streets, Indianapolis. Suite 229, first office floor, The Lemcke. Telephone 1760: John A. Hosbrock et al. to James A. Layman and wife, I>>t 175. in Woodruff Place. $1,650 Sarah Pope to Jefferson Dison et al., the south half of Lot 12, Charles St. J. West's addition 10 William H. Sharjie to William W. Dye. the northeast quarter ol Section 34, Township 17, Range 3 11,200 Charles T. Boyer to Theodore Eck, jr., part of Lot 1. Square 27 13,000 Kate F. Hart to William H. Hayes, Lot 12, Block 2. Nordyke & Holiowell's Grandview addition 4,500 Ambrose Moon to Charles G. Shaw, Lot 77, A1 vord A- Co.'s sulidivision, Butler & Fletcher's addition 5,000 Frances M. Wis hard et al. to Kate H. List. Icirt of the north half of the southwest quarter of Section 2. Township 14. Range 3 1,500 Joseph L. Stacy to Silas D. Loughmiller and wife, E>t 69, Keystone Park 600 Mary J. Hunt to Alice F. Moon, Lot 516, Spann H Co.'s second Woodlawn addition. 1,500 Wellington-Mathews Company to Benjamin Roberts. Lots 5,6, 7 and 8, Fletcher Thomas’s subdivision, A. E. A- S. Fletcher's Oak Hill addition 900 J. Lyman Jones, commissioner, to Angeitne H. Baker, lot No. 6, Kidner’g amended Brookslde-avenue subdivision, A. E. Fletcher’s third addition 1.800 Transfers, IX; consideration J4K660 Pensions for Veterans. Certificates have been granted to the fol-lowing-named Indianians: Restoration and Increase—William W. Davis, Soldiers’ and Sailor’s Home, Lafayette, Tippecanoe county $6 Increase—John Walters, Laporte. sl4 to sl7; Natnaniel McClure. Mellon. sl4 to sl7. Reissue—Abraham Lutz. Napoleon. sl7. Original Widows, etc-—-Jane Wible, Geneva, SS; Appolonia Teckfer. Royal Center, $8; Nancy A. Fisher. Fisher's Switch, sl2: Jane Young. Attica. sl2; Mary Richardson. Colored Orphans Home. Evansville, $8; Catherine M. Lovejoy, Elkhart, $8; Mary A. McCreary, Goshen, $8; Lucy I. Dalton, Martz, $lO. Mexican War Widow—Elvira J. Garrison, Tipton, fB. Helen Gould Nulls u Canard. New York Special. A story that Maj. Gen. Joseph Wheeler had so admired Helen Gould while she was at Camp Wikoff that he proposed marriage was published in a morning paper to-day. A call was made at the Gould mansion arid the dispatch was handed to a servant for an expression of its accuracy from Miss Gould. The answer returned was that the story was "absolutely absurd and untrue/’ General Wheeler telegraphed a similar denial from Washington. He added that he hardly knew Tvliss Gould, having only met her twice and then in connection with her work among the soldiers.
THE INDIANAPOLIS JOURNAL, MONDAY, JANUARY 9, 1899.
STOCKS TENDING HIGHER BANK STATEMENTS SHOW THAT EASY' MONEY WILL CONTINUE. Active Trading; on New York Vhanfte Saturday, with Some Specialties Lower-Local Trade (Inlet. At New York, Saturday, money on call was steady at 2per cent.; last loan, 3 per cent. Prime mercantile paper, 3(33% per cent. Sterling exchange v/as steady, with actual business in bankers' bills at demand and at $4.81 a [email protected] for sixty days; posted rates, $4.82% and $4.8%; commercial bills, $4.50%'f<4.51%. Silver certificates, 59%'3'0O*£c; bar silver, 59Lc; Mexican dollars, 46%c. At London bar silver closed at 27 5-16d an ounce. The imports of specie for the week were $15,388 In gold and $32,766 in silver; dry goods and merchandise, $9,869,259. Exports of gold and silver from this port to all countries for the week ending Friday aggregate $769,2<J6 silver bars and coin and $670,900 gold. Toe New York weekly bank statement shows the following changes: Surplus reserve, increase $4,349,400 Loans, decrease 4,504,900 Specie, increase 3,655,800 Legal tenders, increase 1,624.600 Deposits, increase 3,844.000 Circulation, decrease 412,400 The banks now hold $23,530,375 in excess of the requirements of the 25 per cent. rule. The New York Financier says: “In view of the extraordinary speculative activity, the weekly statements of the associated hanks of New York assume new interest. The current exhibit, in the sense that it foreshadows easy money, and therefore makes for a continuance of those factors which have been so prominent of late, is of a favorable character. The week covered has been marked by heavy dividend disbursements, and as the statement includes only the beginning of these transactions, it would not be strange if the real condition of the hanks at the close of business Saturday differed radically from the published figures. In the main, it must be said that the tendency of funds is as about set forth. The banks gained heavily from the interior during the week, some estimates placing the amount as high as $3,000,000. As the operations with the treasury resulted only in a slight loss, the published expansion of $5,310,400 cash. $3,686,800 of w'hich was in the form of specie, does not seem unreasonable. The decrease of $4,504,900 in loans is the first contraction noted in some weeks. It is rather difficult of explanation, but probably is to be traced to the cancellation of sterling loans and the part played in the week’s business by the closing of the Baltimore & Ohio reorganization. The real significance of the statement is found in the cash expansion. The certainty that reserves will be increased from this time on by interior remittances assures a continuance of easy money. The present deposits and loans of the New York banks are far above previous records, and with increasing idle reserves they can be expanded indefinitely.” The total sales of stocks Saturday reached 480.100 shares. Including 15,120 Atchison. 67,400 Atchison preferred. 4,910 Central Pacific, 7,650 Burlington, 4,350 Delaware & Hudson, 3,367 Louisville & Nashville, 9,200 Manhattan, 7,300 Reading preferred. b.rJO Missouri Pacific, 4,20<t Northern Pacific, 4.920 Reading, 4.900 Rock Island. 10,420 St. Paul. 6,500 Southern preferred, 3,300 Union Pacific preferred, 4.000 Wheeling & Lake Erie. 16,200 Tobacco, 33,700 Steel, 11.800 Steel preferred, 14,400 People’s Gas, 10,820 Colorado Fuel and Iron, 6,710 Pacific Mail. 17.720 Sugar. 8.420 Rubber, 6.100 Western Union, 4,600 St. Louis & Southwestern preferred. STOCKS IN DEMAND.
New York stocks resumed the upward movement Saturday and in some cases advanced materially. Efforts to bring alxmt a reaction were successful only in the initial trading. There were moderate arbitrage sales for London account, which aided the reactionists’ early efforts. The grangers and Pacifies were off fractionally, while the so-called Flower specialties Brooklyn Transit, Federal Steel and People’s Gas—were very sharply off. The execution of an order to sell a large block of stock at the market caused a bad break in Toltacco. This brought out further sales by reaching stop-loss orders. Floor brokers in many cases advised their houses that the movement in the general market was too violent to last, and presently buying orders predominated over those to sell. These purchases were largely increased on the appearance of the bank statement, w'hich was far more favorable than expected. Brook1> n Transit rose five points from the lowest; People’s Gas. 1%; Tobacco. 3%; Sugar, American Steel and Wire and Federal Steel. 2 each; the grangers about a point, and Atchison preferred. 3%. Notable advances were made in American District Telegraph, which rose 8 points; Colorado Fuel and Iron preferred. 10; St. Paul A; Duluth, 5Vj; Delaware & Hudson. 2%, and Rubber preferred, 2V£. The close w r as active and strong at the best. Hesitancy and irregularity marked the week’s fluctuations m values. The underlying condition continued very favorable in mercantile and financial circles and market movements were largely technical, owing to the recent steady advance. Prominent interests were ranged on botti sides, one party marking up their specialties, bringing out a considerable commission house following, while others, having disposed of their holdings, tested the market for a reaction with some success on Friday and early Saturday, but the market jpoved up before the close. The conditions of affairs in the Philippines and talk of friction between England and France, as well as a desire to realize profits, w'ere assigned as reasons for the selling for London account. London’s persistent selling on balance daily initiated a nervous and unsettled trend in early trading which, except on Friday, w'as as regularly overcome by a subsequent rise. There were pronounced movements in both directions in the specialties, while the standard securities fluctuated less widely. Grangers for the week show fractionally irregular changes, while the Pacifies. Northern Pacific and Union, are oft a point each. American Steel and Wire is off 4% for the common and 6 for preferred. The decline in Hocking Valley preferred was SV->. Pronounced advances for the week were Brooklyn Transit, 11; Colorado Southern, first preferred. 7; New York Air-brake and Tobacco 5 each and Pullman, 4%. The traffic returns of railways were in nearly all cases unusually large, reflecting improved business conditions as much as of the increase in the grangers, for instance, was due to a profitable return from the seaboard traffic. St. Paul’s gross receipts for the fourth week in December were unprecedentedly large, exceeding as they did last year’s returns for the same period of over a quarter of a million dollars. The reports of the Louisville and the Southern railroads for November were also creditable. A hardening tendency in the money market, call loans being often bid up sharply, coincident with bear raids, although it quickly receded to normal figures. at times distributed confidence of mar-gin-holders of stocks. IMPORTS OF GOLD. ' A feature of interest was the import of a million and a half of gold, a petty payment on account of Europe’s indebtedness to America, which is at present loaned abroad. The currency movement towards New York, which has already set in, seems likely to continue. The hank reserve Increase of $4 349,400 was largely due to this movement. Seasonable weather for the anthracite coal trade at one time helped the coalers, notably Reading, although disappointment was expressed at the failure of the predicted advance in coal to materialize at the neginning of the year. Th j purchase of coal lands, which it was assumed would largely Increase the traffic of the Ontario & Western. because It was made by parties friendly to that road, gave the stock a sharp turn upwards. The delicate character of the reorganization of the Hocking Valley was a shock to the holders of these securities, and sales by those dissatisfied caused a break of 10 points in the 5 per cent, bonds, 22 in the sixes, and sin the preferred stock. Colorado Southern, which is the new company organized through the rehabilitation of the Union Pacific. Denver A Gulf Railroad, showed exceptional strength and activity, making a total gain of 7 points for the first preferred. The marked reduction in fixed charges contemplated through the management of the new company was ascribed as a reason for the demand. Pullman and Federal Steel were bulled on talk of good earnings. The week was prolific of rumors and ensuing denials affecting various properties. Manhattan was to be electrically equipped by General Electric, and both stocks were marked up on prospective benefits to each, should the story be true. Brooklyn Transit, it was said, would be consolidated with other trolley lines In Brooklyn, and made a very handsome advance on such reports and the more tangible fact of its increase of
$663,000 in gross earnings for the year. Brooklyn Union Gas surged upwards on arguments tending to elucidate how Brooklyn Union Cas might benefit by an alliance with certain electric companies, although as far as the public knows such projects are still in the air, and then the possibility of increased dividends was mooted. Pittsburg. Cincinnati, Chicago A St. Louis attained high record figures on talk that the minority holdings were being purchased in the interest oi Pennsylvania, the parent company. Denials of this story from Philadelphia, accompanied by selling from that quarter, brought the advance tt only a temporary halt, but as the truth or falsity of this report is only by inference the confident buying of Western Union appeared, and it wasrumored a rate agreement with the Postal Telegraph Company had been arranged The short lines put out on the appearance of a rival company were largely driven to cover in the case of Tobacco, which appreciated very largely, the gossip being that such assets as were supposed to represent an equivalent of the Tobacco Company’s interest in the Continental Company might be distributed in some manner among the stockholders. Sugar was successively pressed down on talk of demoralization in the trade and lifted on the closing of an independent company’s refinery because it found refining unprofitable at present prices, said the sugar bulls, but for repairs, said the refinery referred to. The sag movement in American steel and wire was connected with negotiations for the consolidation of independent companies. The bond market during the week displayed considerable irregularity, but there was a decided undertone of strength which prevented any concessions of note in the prominent lines United States old fours and the fives, coupon, advanced Vi, the new fours and the fives, registered, %. The threes declined Vs in the bid price. The following table, prepared by L. W. Louis, Room 11. Board of Trade, shows the range of quotations: Open- High- Low- ClosName. ‘ing. est. est. ing. Atchison 18% 19* 2 18 19% Atchison prof 50% 54 50% 53% Baltimore & Ohio 67% Canada Pacific 85 Canada Southern 54 54 54 54 Central Pacific 85 Chesapeake & Ohio 25 25% 24% 25 Chicago A Alton 170% C., B. & Q 124% 125 124% 125 C. & E. 1 6014 C. & E. I. pref 113 C. C., C. A St. L 43 43% 43 43% 0., C., C. A St. L*. pref 94 Chicago Great Western 15% Chi., ind. & L 7% Chi., Ind. A L. pref 32 Chicago & North western.... 141% 141% 141% 141% Delaware & Hudson 109% D. L. A- W 156>4 Denver A Rio Grande 19 Denver A Rio Grande pref 70 Erie 14 Erie first pref 37% Fort Wayne 178 Great Northern pref 144% Hocking Valley 2% Illinois Central 114% Lake Erie A Western 19% Lake Erie A Western pref 73% Lake Short' 197 Louisville A Nashville 64% 65 64% 65 Manhattan 101 101% 100% 101% Michigan Central lit Missouri Pacific 44% 45% 44% 45% Mo., Kansas A Texas pref. 39% 39% 39% 39% New Jersey Central 97% New York Central 121% 122% 121% 122% Northern Pacific 42% 43% 425* 43% Northern Pacific pref 76% 76% 76% 76% Reading 20-% 22 20 % 22 Reading first pref 52% Rock Island 118% 114% 113 114% St. Paul 120% 121% 120% 121% St. Paul pref 167 St. Pau) A Omaha 91% 92% 91 Vi 92% St. Paul A Omaha pref 167 Southern Pacific 39% Texas Pacific 18% Union Pacific pref 73 73% 73 73% Union Pacific com 42 43 41% 42% Wabash 8% Wabash pref 23% Wheeling A Bake Erie 7% Wheeling A Bake Erie pref 28% EXPRESS COMPANIES. Adams Express US American Express 142 U. S. Express 54 Wells-Fargo Express 125 MISCEBLANEOUS. American Cotton Oil 34% American Cotton Oil pref 88% American Spirits 13% 14 13% 18% American Spirits pref 28 American Tobacco 148% 148% 146 ic% American Tobacco pref... 135 People's Gas 11l 112% 110%i 112% Consolidated Gas 1?2% Commercial Cable Cos 175 General Electric 99% 99% 99% s''% Federal Steel 52% Federal Steel pref 80% Lead 37% 38 37% Lead pref H 5% Pacific Mail 45 45% 44% 45% Pullman Palace FI Sr gar 125% 127% 125% 127 Sugar pref ••• ■■ D2 Tennessee Coal rnd 1r0n... 36% 37 36% 86% V. S. Leather *'i 17. S. Leather pref 72 72% 72 72% U S. Rubber 42 >4 U. S. Rubber pref 116% Western Union 947* 95% 94% 96% UNITED STATES BONDS. IT. S. fours, U. S. fours, coup 112% U. S. fours, new. reg 129 U. S. fours, new. coup 129% U. S. fives, reg U. S. fives, coup 113% U. S. threes, coup 10*%
HENRY CLEWS’S VIEWS. Henry Clews in his New York financial letter says: "We have had the first week’s taste of a financial year that is anticipated with more than ordinary hopefulness. It has been in some measure interrupted by the holidays and comes too early to receive the full impulse of the extraordinary disbursements of January interest and dividends on securities. According to careful estimates these payments at New’ York alone amount this month to about $110,000,000, which is far beyond all precedent. This fact affords the best possible confirmation of the general impression that the past year has been one of general and unusual prosperity. These payments must inevitably have an effect upon the market for securities, for apart from their encouraging speculative operations they must be attended with considerable reinvestment of the earnings; at the moment, however, it is too early to look for the full effect of these iniiuences upon the market. "There are certain factors in the situation which tend to restrain the effect of these inlluences. These January disbursements have been anticipated, and other conditions have for some weeks past been steadily forcing up prices. The triumphant outcome of the war, our great success in the peace negotiations, the manifest prosperity of the country at large, the prospect of a continued large expansion of our export trade, the extraordinary earnings of the railroads, the steadily rising trade balance owing to this country, the hopeful implications suggested by our constantly rising bank clearings and the comparative ease in the money market—these facts have for some time past been exerting a strong combined upward pressure upon securities, the effect of which is now seen in unusually high prices for the better class of stocks. Those securities therefore present little inducement for buying; on the contrary, some of the more venturesome bears are experimenting on selling them. Nor does it help the market that certain bold deals in industrial and rapidtransit properties are being launched with advances in their stocks so startling as to suggest danger and distrust. There is. however. a considerable range of second-cIaAS stocks, some verging towards a dividendpaying position and others expected to be benefited by impending new alliances which have not yet risen at all in proportion to the advance on the more stable stocks. These are receiving the special attention of buyers and seem likely to realize higher prices as the January investment earnings come to seek employment more fully. "Thus the situation, though a very strong one and backed by great firmness among holders, yet presents some features not entirely inviting to cautious operators. It is not impossible that prices generally may rise to a still higher level. That must largely depend, however, upon the extent to which that class of outsiders may be forthcoming who usually stand aloof until the market is booming and prices are at the highest. Considering the general prosperity of business it does not seem improbable that there may be some considerable influx of this sanguine class. With such co-opera-tion it would be easy for influential local operators to engineer a further rise and then realize upon a better basis; but unless matters take such a course we may witness a mixed state of the market, with free oscillations in prices in both directions. In view of these as yet undeveloped conditions it is to be expected that influential holders will wait for developments liefore either increasing their holdings or realizing. In any event, however, and allowing for the possibility of some reactions after a further trial of the market, it seems reasonable to exj>eet that, under the existing hopeful conditions of the country at large and with a, great w ave of national prosperity manifest to all eyes, the market for securities for a long look into the future will rule at a much higher range of prices than we have been accustomed to during recent years. For the moment, however, w r e would suggest to our friends who may contemplate buying that their attention might he advantageously given to certain railroad stocks backed by a good position and prospects, but which have not yet reached their real value as compared with others. "We have now a fair prospect of a period of decided ease in money extending over some months Apart from the drift of currency from the interior usual at this season symptoms indicate a. probability of the renewal of imports of g<dd. There is less disposition towards the temporary employment of funds in foreign bills of exchange, and so soon as those investments materially abate, an Influx of gold would be almost inevitable. Within the past week $1,500,000 of the metal have been engaged for shipment
from London to this city, which has been due. however, rather to a fall in gold abroad than to lower rates for bills on this market.” Saturday’s* Hank. ClenrinK*. At Chicago—Clearings. $19,315,701; balances, $1,430,300. New York exchange. 20c premium. Sterling exchange, posted rates. $4.82 and $4.85!;.; actual, $4.82 and $4.84'-; sixty days, $4.81 and 84.83*2. At Sew York—Clearings. $241,462,232; balances, $11.169,167. At Boston —Clearings, $21,434,614; balances, $2,208,025. At Cincinnati —Clearings. $2,049,200. At New Orleans—Clearings, $1,952,970. At Baltimore—Clearings, $4,183,661; balances, $482,189. f At Philadelphia—Clearings, $14,556,573; balances, $1,825,861. At St. Louis—Clearings. $4,611,522. ♦ LOCAL GRAIA AM) PRODUCE. Dull Week In Trade Circles, with So Important Changes in Values, The first week of the year 1899 was no exception to that of corresponding weeks of former years, the week being occupied more In ascertaining what was done in 1898 and making collections of that year. Monday traveling salesmen will start out on their usual rounds, a number of houses having put more men on the road, so promising Is the business outlook. Prices carry a steady tone, and in no line is there a tendency to advance to any extent. The range is now so low that any change is likely to be in the way of an advance. In no line was there any feature calling for comment. The local grain market Is increasing in activity. Higher prices are increasing the receipts of corn. All cereals are in active request at the following range on track, as reported by the secretary of the Board of Trade; Wheat —No. 2 red, 69c; No. 3 red, 64@68c; December, 69*/sc: wagon wheat. 69c. Corn—No. 1 white, 35%c; No. 3 white (one color), 35 %c; No. 4 white, 31%@33%c; No. 2 white mixed, 35c: No. 3 w’hite mixed. 35c; No. 4 white mixed. 31 @33c; No. 2 yellow, 35'/ 4 c; No. 3 yellow, 35 %c; No. 4 yellow, 31*4©33%e; No. 2 mixed, 35c; No. 3 mixed. 35c; No. 4 mixed. 31@33c; ear corn, 25c. * Oats—No. 2 white, 30%c; No. 3 white, 30c; No. 2 mixed, 29%c; No. 3 mixed, 2Sc. Hay—No. 1 timothy, $8; No. 2 timothy, $6.50®7. cember, 68c; wagon wheat, 69c. Inspections—Wheat: No. 2 red, 4 cars; No. 3 red, 9; rejected. 2; total, 15 cars. Corn: No. 3 white, 1 car; No. 4 white, 1; No. 3 yellow, 1; No. 3 mixed, 4; no grade, 1; total, 8 cars. Hay: No. 1 timothy, I car; No. 3 timothy, 2; total, 3 cars. Poultry and Other Produce. (Prices paid by shippers.) Poultry—Hens, 5%c: spring chickens. 6c; cocks. 3c; hen turkeys, young and fat, 8c; young toms, 7c; old hens, tic; toms, 4c; ducks, 4c; geese, 4c for full feathered. 3o for plucked. Cheese —New York full cream. KXSllc; skims, 6®Se; domestic Swiss, 12%c; brick, 12c; iimburger, 10c. Butter—Choice, 10c; poor, 6@Bc; Elgin creamery. 21c. Eggs—Candled, 22c per dos. Feathers—Prime geese, 30c per lb; prime duck, 104i 17c per lb. Beeswax —30c for yellow; 25c for dark. Wool—Medium, unwashed, I7@18c; tub-washed, 20© 25c; burry and unmerchantable, 5c less. Honey—lo® 13c per lb. Game—Rabbits, 65®7tic. Venison, 18©'20c per lb. Oi>osum, 20©25c apiece. HIDES, TALLOW, ETC. Green-salted Hides—No. I, B%c; No. 2, 7%c; No. 1 calf, 10c; No. 2 calf, B%c. Grease —White, 3c; yellow, 2%e; brown, 2Uc. Tallow—No. 1,3 c; 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.) Candle* and Nuts. Candies—Stick, 6%®6%e per lb; common mixed, 6%@7c; G. A. R. mixed, 6%c; Banner twist stick, 8c; cream mixed, 9c; old-time mixed, 7c. Nuts—Soft-shelled almonds, ll@13c; English walnuts, 9© 12c; Brazil nuts, 10c; filberts, 11c; peanuts, roasted, 7@Sc; mixed nuts, 10c. Cuniied Good*. Corn, [email protected]. Peaches—Eastern standard 3-lb, $1.75412; 3-lb seconds, [email protected]; California standard. *2.10®2.40; California seconds, $1.?5@2. , Miscellaneous— Blackberries, 2-lb, 66079 c; rasi>- ’ berries. 2-lb, 90@95c: pineapple, standard. 2-lb, [email protected]; choice, $2®2.50; cove oysters, l-lb, full weight. £s@9sc; light, 60@65c; string beans, 70©) 90c; Lima beans, [email protected]; peas, marrowfats, 85c@$1.10: early June. 90e®$1.10; lobsters, $1.86412; red cherries. 90c® $1; strawberries, 90@95c; salmon, l-lb, [email protected]; 3-lb tomatoes, 90®35c. Coal and Coke. Anthracite, per ton, $7; Brazil block. $3; Island City lump, $2.75; Paragon lump, $2.75; Jackson lump, $4: Pittsburg lump, $4: C. & O. Kanawha lump, $4; Winifrede lump, $4: Blossburg smithing, $3; smokeless, $4; lump coke, per bushel, 10c; crushed coke, per bushel, 12c. Drugs. Alcohol. $2.52®2.60; asafetida. 25©30c; alum, 2Vi @4c; camphor, 40©44c; cochineal, 50©55c; chloroform. 58®65c; copperas, brls. 75®)85c; cream tartar, pure, 30@33c; indigo, 65®S0c; licorice, Calab., genuine, 30®40c; magnesia, carb., 2-oz, 25@30c; morphine, P. & W., per oz.. $2.50©’2.75; madder, 14 ©l6c; oil. castor, |ier gal. [email protected]; oil, bergamot, per lb, $2.26; opium, $4; quinine, P. & W., per oz, 31@36c; balsam copaiba, 50@60c; soap, castile, Fr., 12@16c; soda bicarb., 4%@6e; salts, Epsom, 4®se; sulphur, flour, s©6c; saltpeter, 8®) 14c: turpentine, 45®50c; glycerine, 15©17c; lodide potassium, [email protected]; bromide potassium. 55@60c, chlorate potash, 20c; borax, 9@l2c; cinchonida, 20 ®25 c; carbolic acid, 30®32c. Oils—Linseed, 38®40c per gal: coal oil, legal test, 7©l4c; 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.
Flour. Straight grades, $4.50®4.75; fancy gfades, $5.75® 6.25; patent flour, [email protected]; low grades, $2.7503.75; spring wheat patents, 56.5006.75. Groceries. * Coffee—Good, 10(812c; prime, 12®14c; strictly prime, 14@16c; fancy green and yellow. 16®22c; Java, 28®)32c. Roasted—Old government Java, 32)5@33e; Golden Rio, 24c; Bourbon Santos. 24c; Gilded Santos, 24c; prime Santos, 23c. Package coffee —city prices—Ariosa, lie; Lion, 10c; Jersey, 10.65 c; Caracas, 10.50 c; Dutch Java blend, 13c; Dillworth's, 11c; King Bee, 11c; Mail Pouch, 11c. Sugars—City Prices—Dominoes, 5.50 c; cut-loaf, 5.75 c; powdered, 5.38 c; XXXX powdered, E. 500; standard granulated, 5.25 c; fine granulated. 6.25 c; granulated—five-pound bags. 5.31 c; extra fine granulated, 5.35 c; coarse granulated, 5.33 c; cubes, 5.38 c; mold A, 5.50 c; diamond A, 5.25 c; confectioners' A, 5.13 c; 1 Columbia A—Keystone A, 4.88 c; 2 Windsor A—American A, 4.BSc; 3 Ridgewood A —Centennial A, 4.88 c; 4 Phoenix A— California A, 4.81 c; 5 Empire A—Franklin B, 4.75 c; 6 Ideal golden ex. C— Keystone B, 4.69 e; 7 Windsor ex. C —American B, 4.63 c; 8 Ridgewood ex. C—Centennial B, 4.56 c; 9 yellow ex. C —California B, 4.50 c; 10 yellow C—Franklin ex. C, 4.44 c; 11 yellow— Keystone ex. C, 4.44 c; 12 yellow—American ex. O, 4.44 c; 13 yellow—Centennial ex. C, 4.44 c; 14 yellow —California ex. C, 4.44 c; 15 yellow, 4.44 c; 16 yellow, 4.44 c. Flour Sacks tpaper)—Plain, 1-32 bri, per 1,000, $3.50; 1-16 brl, $5; X, brl, *8; % brl, sl6; No. 2 drub, plain, 1-32 brl, per 1,000, $4.25; 1-16 brl. $6.50; % brl. $10; V* brl, S2O; No. 1 cream, plain, 1-32 brl, per 1,000, $7; 1-16 brl, $8.75; % brl, $14.50; >4 brl, $28.50. Extra charge for printing, $1.1001.15. Salt—ln car lots, 80085 c; small lots, 90®J5c. Spices— Pepper, 12©18c; allspice, 15© 18c; cloves, 18025 c; cassia. 15®18c: nutmegs, 65075 c p*r lb. Beans—Choice hand-picked navy, [email protected] per bu; Limas, California, 4)£@49ic per lb. Wooden ware—No. 1 tubs. $5.7506; No. 2 tubs, $4.750 5; No. 2 tubs. $3.75(04; 3-hoop pails, sl.4"@ 1.50; 2-hoop pails, $1.20(01.25; double $2.25(02.75; common washboards, [email protected]; clothes pins, 501060 c per box. Molasses and Syrups—New Orleans molasses, fair to prime, 28®33c; choice, 35040 c; syrups, IS@ 25c. 5h0t—51.304J1.35 per bag for drop. I^ead—6't>o7c for pressed bars. Twine—Hemp, 12®18c per lb; wool, 8®10o; flax, 20030 c; paper, 25c; jute, 12015 c; cotton, 18@25c. Wood Dishes—No. 1. per 1,000. $2(02.25; No. 2, $2.25(02.50; No. 3. $2.50(02.75; No. 5. $303.25. Rice—Louisiana, 4)j@6Hc; Carolina, 6)-i®B)4e. Iron and Steel. Bar Iron —[email protected]: horseshoe bar, 2)£®2Bic; nail rod. 7c; plow slabs. 2V-c; American cast steel, 9@llc; tire seel, 2)fe®3e; spring steel, 4 1 * @6c. Leather. Leather—Oak sole, 27®30c; hemlock sole, 24(0 26c: harness, 32© 37c; skirting, 380 42c; single strap, 35(041c; city kip. 6"085c; French kip, 90c® $1.2"; city calfskin, 90c@$1.10; French calfskin, $1.20(01.85. Produce, Fruits and Veeetahles. Apples—Common. $3; good, $4; fancy, $4.50. New Tomatoes—s3.so per 6-basket crate. Grapes—Malaga grar>es. $7 per brl. Figs—California, $1.66 tier box; mat figs, 809 c. Cranberries—s6o7.so per brl; $202.75 per crate. Oranges—Mexican, $3 per box; California navels, $2.6502.85. Lemons—Messina, choice, 300 to box, $3.75; fancy. $4.25. Persimmons —76c per 24-pint crate. Bananas—Per bunch. No. 1, $101.75. Cocoanuts—soc per doz. Lima Beans—sc per lb. Potatoes —White, 45c per bu; red, 40c per bu; $1 20101.35 per brl. Pweet Potatoes —$101.50 per brl; Jersey sweets, $1 bu: brl, $2.75; Illinois. $2 brl; 70c bu. Cabbage -Hcdland seed, $1.25 per 100 lbs. Onions—sl.so per brl; Spanish onions, $1.25. Turnips—9oc per brl. Parsnips—sl.so per brl. Celery—Michigan and northern Indiana. 30@40c. per bunch; California, 40075 c. Honey—White, 15c per lb; dark, 12c pier lb. Cider—s4.so per brl; half brl, $2.60. ProvlMlunw. Hams—Sugar-cured, 18 to 20 lbs average, B)4® 9c; 15 lbs average, [email protected]; 12 lbs average, 88* @9)*c. Bacon—Clear sides, 40 to 50 lbe average, 6@ average, 64,'ii6sc; bellies, 25 lbs average, 61 4 0 6%c: 18 to 23 lbs aterage, 6>-*o69c; 14 to 16 lbs average. 707)40. Clear backs. 18 to 22 lbs average. 6)4® €%e; 14 to IS lbe average. 6Hc; 8 to 10 lbs average, 69;@6%c. In dry salt, )*c less. Shoulders-18 to 20 lbs average, 6c; 15 lbs average, 6c; 10 to 12 lbs average, 6c. Lard—Kettle-rendered. 69407 c; pure lard, 6)i® 69nc. Pork—Bean, clear, sl3; rump, $10010.25. Seed*. Clover —Choice, $3.75; prime, $3.50; English, choice, $3.2503.60; alsike, choice. $4.5003; alfalfa. choice, $4.2504.50; crimson or scarlet clover, $2.7608; ttmothy, 45 lbs, prime, [email protected]; light prime. $1.200125; choice, $1.2501.30; fancy Kentucky. 14 Iba, $1.15; extra clean. 60@76c: orchard grass, extra, $1.1501.30; red top, choice, 80c @51.40: English bluegras*. 24 lbs, [email protected]; Oerman millet, slOl 25; Western millet, 60085 c; common millet, 40060 c.
WHEATMARKET WEAKER OUTSIDERS LIQUIDATING AND FOREIGN QUOTATIONS HEAVY. 4. Early Prices Strong on Immense Export* for the NVeek—-Coarse Grain Higher—Pork Declined. CHICAGO. Jan. 7. Liquidation bv outsiders to-day, together with heavy foreign markets, weakened wheat. Under the influence of immense exports for the week the market ruled strong, hut finally crumbled, and May closed %c lower. Corn advanced %©%c. Oats gained ' 4 c. Pork lost sc, while lard and ribs improved 2*40 each. Wheat gave some signs of revival at the start, May opening Vs@V4c higher, at 70*844 70'4c. The week's shipments to foreign countries were enormous, amounting, in wheat and flour, to 6,800,000 bu, compared with 3,841,000 bu the corresponding week a year ago. Bradstreet made some bullish comparisons between the present market supply of wheat in the world with what it was in former years, and the much smaller stock now in store created a favorable impression. Vast quantities of wheat had been sold In the last two days and the market in consequence was very suceptible to bullish influences. Shorts were inclined to cover and May was bid up another fraction, reaching 70%c. About this time outside orders began tumbling into the pit, and as there was no individuality about the buying May sagged quickly to 69?4e. Receipts here were 113 cars, of which live graded contract. Minneapolis and Duiuth reported 518 cars, compared with 508 the week before and 357 for the corresponding day a year ago. The export clearances of wheat and flour from Atlantic ports were on a less heavy scale, amounting to only 423,(XX) bu. Continental markets were lower, and Liverpool showed %and decline. The domestic visible supply last Monday was 27jXH),tX)U bu, against 39,0G0.000 a year ago, and a good-eized decrease was expected to be shown Monday as having taken place this week. This expectation strengthened the market and under its sustaining influence May gradually worked up to 70%'u.70%e. About half an hour from the close outside selling orders again became numerous, ani as the weak-hearted bulls were loath to support the slight advantage they had gained May was allowed to slip off to 69%e once more. In tho last few minutes of trade there were a few slight fluctuations, but May finally closed at 69"*®70c buyers. Light country offerings and a good shipping demand strengthened corn. Receipts were large—64o cars—but under aggressive buying by local bulls prices were well sustained throughout the session. May opened Vsc higher, weakened for a moment to 36'a (536%c, then advanced to 37%c. That figure was near call price, and selling by holders of privileges resulted in a set-back to 37c sellers at the close. A good cash denrand and light receipts helped oats. Elevator interests bought freely, and, with the exception of a slight dip early on some commission house selling, the market ruled strong and prices were well maintained. May opened %c higher ot 27%@27%c, sold at 27®27%c, advanced to 27!/ge, and closed at 27 1 4©27%c. Asa consequence of yesterday’s heavy liquidation, provisions opened weak. Large receipts at the yards were also a depressing' factor. At the decline, there was a good Investment buying, and prices rallied a. little all around. May pork ojtened a shade lower at $9.95@10, declined to $9.85, rallied to $10.02%, and closed at $9.95. May lard began a trifle down at $5,604(5.6244, sold off to $5.57'4, then rose to $5.65, the closing price. May ribs started unchanged at $5. sold at $5.02%, weakened to $4.95, then firmed up to $5, sellers, at the close. Estimated receipts for Monday—Wheat, 120 cars; corn, 700 cars; oats, 175 cars; hogs, 38,000 head. Leading futures ranged as follows: Open- High- Low- OlosArticles. Ing. est. est. in*. Wheat—May 70'4 70% 69% 76 July 68% 68% 67% 67% Corn—Jan 34% 34% 34% 34% Mav 36% 37% 36% 37 July 37 37*4 37 37% Oats-May 27% 27% 27*4 27% July 25% 26% 25% -25% Pork-Jan $9.67% $9.67% $9.65 *9.65 May 9.95 10.02*4 9.85 9.95 Lard—Jan 5.45 May 560 6.65 6.57% 5.65 Ribs—Jan 4.72% 4.75 4.67% 475 May 5.00 5.02% 4.95 6.00 Cash quotations were as follows: Flour dull; winter straights. $3.30®3.40; special spring brands, $4.10; hard patents, $2.40®2.60; bakers’ in bags, $2.50. No. 2 spring wheat, 66®67%c; No. 3 spring wheat, 63%®66%c; No. 2 red, 70®71c. No. 2 com, 36*4c; No! 2 yellow com, 35'4@35%c. No. 2 oats, 26%®26%c; No. 2 white, 29®29%e; No. 3 white, 28%®29e. No. 2 rye, 54%c. No 2 barley, 42©> 52 c. No. 1 flaxseed, $1.11; Northwest, $1.15%. Prime timothy seed, $2.32%. Mess pork, per brl, $9.70©..76. Lard, per 190 lbs, $5.46©6.50. Shortrib sides, loose, 14.65©4-70. Dry-salted shoulders, boxed, [email protected]%. Short-clear sides. boxed, $4.95®5.05. Whisky, distillers' finished goods. $1.27. Receipts—-Flour, 62,000 brls; wheat, 847,000 bu; com, 008.900 bu: oats, 261.700 bu; rye, 16,6*00 bu; barley, 35,700 bu. Shipments—Flour, 66,300 brls; wheat, 25,000 bu; corn, 171,500 bu; oats, 199,000 bu; rye, 15,000 bu; barley, 14,000 bu.
AT NEW YOHK, Holing Prices In Produce nt the Seaboard's Commere Metropolis. NEW YORK, Jan. 7.- -—Receipts, 26,590 brls; exiiorts, 29,803 brls; m c dull but steadily held. Winter patents, $3.76h. ; winter straights, $3.5003.65; Minnesota^ patents, $3.8504.15; extras, $2.7003; winter low grades, $2.400 2.66. Corn meal dull; yellow Western, 820>83c. Rye steady; No 2 Western, 64%c, f. o. b. afloat. Barley ina.lt steady; Western, ©>®6Bc. Wheat— Receipts, 266,226 bu; exports, 123,519 bu. Spot steady; No. red, 79T4<-, f. o. b. afloat. Oj>tions oi>ened firm and gathered considerable strength during the forenoon, closing firm at 9*c net higher. Liquidation was checked and local sentiment encouraged by large weekly clearances and small Northwestern offerings. Houses also had a few buying orders, and did sarnie expert business. January closed at 76'4c; at 77"4c. Corn —Receipts, 10,725 hi; exiiorts, 119,275 bu. Spit steady; No. 2, 42)4@4294c, f. o. b. afloat. Options opened steady and in sympathy with wheat, ruled firm all the forenoon, shorts providing the demand; closed )4c net higher. May, 4190 4194 c, closed at 4194 c. Oats—Receipts, 108.000 bu; exports, 1,900 bu. Spot quiet; No. 2,33 c; No. 2 white, 35c. Options quiet. Hops quiet; State, common to choice, 1596 crop, 708 c; 1897 crop. 11013 c; 1898 crop. 18@19)ic; Pacific coast, 1896 crop, 708 c; 1897 crop, 11013 c; 1898 crop, ls@l9Hc. Tallow steady; city. 39404 c; country, 3%®4c. Rice firm; fair to extra. 49406'4c; Japan. 5)4© s’gc. Molasses firm; New Orleans ojien. kettle, good to choice, 29® 34c. Cotton-seed oil firm, prime crude, 18019 c; prime crude, f. o. b. mills, 150ir.M>c; prime summer yellow. 22023 c. off summer yellow, 21c; Putter grades. 26028 c; prime winter yellow, 27‘4®28‘4c; prime white, 28@2Tc. Coffee—Options opened steady at unchanged prices to a points higher; ruled generally firm but quiet, with rocm traders in control, covering Inspired by bullish European cables and broadening warehouse movement: closed steady at net uncharged prices to 5 points higher. Sales, 8,660 bags. Including: March. 5.6005.65 c; May. 5.7.® 5.80 c; July. 5.90 c; August, 6.95 c; September, 6c; October, 6.05 c: December. 5.15 c. Spot coflee-—Rio steady: No. 7 invoice, 6%c; No. 7 jobbing, 7)40; mild steady; Cordova, 794015 c. „ Sugar—Raw irregular; fair refining. 313-16 c; centrifugal. 96 test, 4 5-16-; molasses sugar, 39-16 e; refined firm; mold A. s)*c; standard A, 4%c; confectioners' A, 4 R *c; cut-loaf, Wxc; crushed, sVac; powdered, 5Vc; granulated, sc; cubes, sVsc. . TH.4UE IN GENERAL. Quotation* at St. Louis. Baltimore, C Incinnati and Other Plaees. ST. LOUIS, Jan. 7—Flour dull and easy: patents. $3.4503 60; straights. $3,003.26; clear, $2.7503, Wheat—Options steady to a shade easier; spot higher. No. 2 red. cash, elevator, 72!jc nominal; track, 72)zc; January, 73)*c asked; May, 739.4 c; July, 679 c asked; No. 2 hard. 67Vjc. Cosm — Options firm and higher: s|>ot steady. No. 2. cash, 35c bid; January, 354 c; May, 36%c asked. Oats steady to firm for options; spo.t lower. No. 2. cash, 27>-„.e bid; track, 29c; January, 27>4c; May, 28c asked; No. 2 white. 30c. Rye lower at 55c, elevator. Flaxseed lower at $1.07)*. Prime timothy seed nominally $2.30. Com meal, $1.7501.80. Bran dull and nominally unchanged. Hay steady; ttmothy, $8.2509; prairie. *B. Butter quiet; creamery, 18022 c; dairy. 14018 c. Eggs lower at 29c. Whlskv steady at $1.27. Cotton ties and bugging unchanged. Pork lower; mess Jobbing, old, $9.92'*; new. $9.75. Lard lower; prime steam, $5.20; choice. $5.30. Dry-salt meats—Boxed shoulders, $4 2504.50; extra shorts, $4.7505; ribs. $4 s7>-4® 5 I'it,,; shorts, $5.12'*06.25. Bacon—Boxed shoulders. $5; extra shorts, $5.2506.50; ribs, $5.62 1 *® i 6.7&: shorts, $6.75*05-87)*. Receipts—Flour, 3.6J0 brls; wheat. Jl.OtiO bu: com. 95,000 bu; oats, 26."<0 bu. Shipments—Flour, 3,000 brls; wheat, 20,0m> bu; corn, 35.000 bu; oats, 18,000 lui. LIVERPOOL, Jan. ".—Wheat—Spot easy: No. 2 red Western winter, 6a 3d; No. 1 red Northern spring, 6s l'jd. Corn —Spirt quiet; American mixed, old. 3s lid; American, new. 3s lo‘*d; futures quiet; January. 3s 10)*d; March, 3a 8 7 .d; Mar. 3s 894d. Flour—St. Louie fancy winter steady at B*. Beef dull; extra Indian mess, 65*; prime mess, 60s. Pork dull; prime mess, fine Western, .’.os: prime mess, medium \V extern, 47s 61. Hama—Short cut steady at 355. Bacon dull at 28s 64- Short ribs. 29s 61. Ixing clear middles, light, *Ta 6d, long clear middle*, heavy, 27a; short
SAFE DEPOSITS^ S. A. FLKTCHEK~6r CO.’S SAFE DEPOSIT VAULT, 3C East WimlilnKlon Street. Absolute safety against Are and burglar. Policeman day and night on guard. Designed for SRfe keeping of Money, Bonds. Wills. Deeds, Abstracts, Silver Plate, Jewels and valuably Trunks, Packages, etc. Contains 2,100 boxes. Bent $5 to $45 per year. JOHN S. TABIvINGTON Mnna*er. clear lwieks. 28s Clear bellies. 345. Shoulders— Square dull at 22s 6d. Lard— Prime Western dull at 28s 6d. Cheese firm:American finest, white and colored. 50e. Tallow—Prime city firm at 22s 3d. Butter—Finest United States, 88s; good, 655. BALTIMORE, jHn. 7.-Flour dull an.l unchanged. Receipts, 34.654 brls; exports. 35,62$ hrl*. Wheat quiet: sjiot and month. 75%®75%0; February, 76®76%c; steamer No. 2 red, 72%®72%c. Receipts, 85,300 bu; ex|>orts none. Southern wheat by sample. 71©76%c; Southern on grade. 73© 76c. Corn easy; spot and month, 40%@t40%0; February, 40%©40%c; steamer mixed. 37%®37%c. Receipts, 197,400 bu; exports, 200.892 bu. Southern whit© and yellow corn. 37%©40%c. Oats dull and easy; No. 2 white. 34®34>.0; No. 2 mixed. 32V\ Receipts. 16.597 bu; exports none. Butter steady. Eggs unchanged. Cheese steady and unchanged. CINCINNATI, Jan. 7.-Flour firm. Wheat quiet; No. 2 red, 70V. Corn easy and lower; No. 2 mixed, 37c. Oats quiet; No. 2 mixed. 29V. Rye steady at 57c. Lard quiet at $5,20, Bulk meats quiet at $4.55. Bacon dull at $5.65. Whisky steady at $1.27. Bui ter steatly. Sugar quiet. Eggs easy at 22c. Cheese firm. TOLEDO. Jan. 7.—Wheat dull and easy : No. 2, cash, 70%e; May, 73c asked. Corn active and steady; No. 2 mixed. 36c. Oats dull: No. 2 mixed, 2so. Rye dull and firm; No. 2, cash. 56c. Clover seed active and lower; prime, cash, $4.30; March, $4.62%. Butter. Ekk* and Cheese. NEW YORK. Jan. 7.— Butter— Receipts, S,7lt packages: market firm; Western creamery, l'i# 21c; Elgins, 21c; factory, 12®14*%e. Cheese—Receipts, 874 packages; market steady: large, white, 10%c: small, white, 11c; large, colored. 10%c; small, colored, 11c. Eggs—Market steady; W estern. 26c; Southern. 25®26%c. PHILADELPHIA. Jan. 7.—Butter steady; fancy Western creamery, 22c; fancy prints. 23c. Egs* dull and 2o lower; fresh Western, 22c; fresh Southwestern, 21c; fresh Southern. 20c. Cheesa firm. CHICAGO, Jan. 7.—On the Produce Exchange to-day the butter market was easy; creamery. 14 ®>l9%c; dairy, 12® 18c. Eggs dull; fresh, 26®29c. Cheese steady at 9%®11c. KANSAS CITY, Jan. 7.—Butter steady and unchanged. Eggs lower; fresh candled Missouri and Kansas slock, 21e ]>er dozen. Woo*. LONDON, Jan. 7.— There were many inquiries in the wool trade during the week for merinos and crossbreds, but transactions were sma.ll. Fine crossbreds showed a hardening tendency, and holders of merlnoa were not Inclined to sell owing to the small amount of stock on hand. Thera wore only occasional sales of coarse crossbreds, notwithstanding the good inquiry from Fren< h buyers. Holders preferred to await the ojiening of the next auction sales, with the hojie of securing better prices. Wools suitable for America W’ere reported a farthing to a halfpenny dearer. The arrivals for the next series, which, will open on the 17th inst., aggregate 195,426 bales. Including 69,000 bales forwurued direct. The imports for the week were an follows: New South Wales. 985 bales; Melbourne. 9,021 bales; Queensland, 144 bales; South Australia, 340 bales; New Zealand, 10,408 bales; Cu|*e of Good Hop* and Natal, 2.661 bales; Bussorah, 636 bales: Lilian, 912 bales; Hamburg. 442 bales, and sundries, 77 bales. NEW YORK, Jan. 7.-Wool firm; fleece, 17®22c; Texas, ll@l4c. Dry Goad*. NEW YORK. Jan. 7.~The market for all descriptions of cotton goods closed the week quietly, neither spot or mall order demand hying imimrtant. The tone was very firm throughout. Brown sheetings and drills held stmngCv at full prices. Bleached cottons showed a tencWncy against buyers. ITlnted goods w’ere strong in calicoes and wash fabric* and ginghams likewise. Wide sheetings were firm. White goods in both tone and higher grades were against buyers. The woolen goods division was without material change. OH*. SAVANNAH, Jan, 7.—Spirits of turpentine Arm at 43%c. Rosin firm, dosing: A, B, C, D, E. F, $1; G. *1.05; H, $1.20; I, $1.40; K. $1.55: M. $1.65; N. $1.75; window glass. $2.05; water white, $2.30. WILMINGTON. Jan. 7.—Spirits of turpentine dull at 43®43%0. Rosin firm at 97%[email protected]%. Crude turpentine firm at $1.30®2.30. Tar firm at sl.lO. OIL CITY, Jan. 7.—Credit balances, $1.19; certificates, no bids, no offers or sales. Runs, 37,858 bris; shiiwnents, 69,850 brls. Cotton. NEW ORLEANS. Jan. 7.—Cotton steady; sales, 4.350 bales. Ordinary. 3%c; good ordinary. 4 7-ltic; low middling. 4 13-16 c; middling, 5%c; good middling, 5%c; middling fair, 6%c. Receipts, 10.309 balee; stock, 476,097 bales. NEW YORK, Jan. 7.—Cotton steady; middling, 5 15-16 c. Net receipts, 428 bales; gross, 645 bales; stock, 4,937 bales. Metal*. NEW YORK, Jan. 7.—Pig Iron steady; Southern, $U.25®d1.75. Copjier firm; broken* 13%®13%c. Lead steady; brokers, 3.75 c. Tin quiet. ST. LOUIS, Jan. 7 Lead quiet at [email protected]. Spelter nominal at 4.75 c. Aaila and Horseshoe*. Steel cut nails, $1.75; wire nails, from store, f1.90®2 rates; from mill; $1.75 rates. Horseshoes, per keg, $3.50; mule shoes, per keg, $4.50; horse nails, s4@s per box. Barb wire, galvanized, $2; painted, $1.75.
LIVE STOCK. Cattle Steady and Strong— Hoft* Active and StronK—SUeep Steady. INDIANAPOLIS, Jan. 7. —Cattle—Receipts, 200; shipments light. There was a fair supply. Th# offerings wore freely taken at steady to strong prices compared with yesterday. A good healthy market la looked for next week. Exports, good to choice $5.00® 5. 0 Killers, medium to good 4.50©' 4.!H> Killers, common to fair 4.000 4.35 Feeders, good to choice 4.000 4.10 Stockers, common to good 3.00©' 4."0 Heifers, good to choice 3,90® 4.55 Heifers, fair to medium 3.50© 3.*i) Heifers, common and light s.oo© 3.35 Cows, good to choice 3.60© 4.0 Cows, fair to medium 3.00©. 3.3.5 Cows, common and old 1.50® 2.50 Veals, good to choice 5.00® 6.00 Veals, common to medium 3.00©) 4 50 Bulls, good to choice 3.50© l." 0 Bulls, common to medium 2.50© 3.25 Milkers, good to choice 35.00©i5.'0 Milkers, common to medium 20.00030.00 Hogs—Receipts, 6,000; shipments, 3,6)0. The average of the quality offered for sale was not as good as yesterday. Packers and shippers bought, and divided their purchases about evenly. Th* market opened steady to a shade lower, and trading ruled active, the closing being strong. Heavy $3.65©:;.70 Mixed 3.60®3.67)4 Lights , 3.600.3.62 * Pigs 3.000 3.45 Roughs 2.5003.50 Sheep and I-amlis —There were no fresh arrivals, and no noticeable change in the market. Sheep, good to choice $3.3)01. v Sheep, fair to medium 3.2003. >0 Stockers, common to medium 2.00©;:.00 Bucks, per head - 3.00®5.(8) Spring lambs, good to choice 4.25©5.00 Spring lambs, common to medium 3.25® 1.00 Elaew h* re. ST. LOUIS, Jan. 7 Cattle—Receipts. 500, including 150 Texans; shipments, 600. No strictly choice beef steers were received here this week, but they are quotable at $5.5005.75; good stock steers and feeders are a shade stronger than last week, while medium and common grades close weak and about 10c lower. Fair to fancy native shipping and exjiort steers, $4.51)0)5.75, hulk at $4.750 5.35; dressed beef and butcher steers, s4® 5.20, bulk at $4.2504.65; steers under 1,000 lbs. $3 50 ©4.40, bulk at $3.6504; stoekers and feeders. $2.75 4 40, bulk at $3.5004; cows and heifers, $204.50, bulk at $2.5003; canners. $2.2502.50, bulk of heifers, $3 25©3.65; Texas and Indian steers, $3.15 04.80, buk at $3.8504.25; cows and heifers. $203.30. Hogs—Receipts, 5,700; shipments. 3.009; market 5c lower. Pigs and lights, $3.2,503.40; packer*, $3.3003.60; butchers, $3 5503.65. Sitesj>—Receipts. 3,000; shipments, 100; markft nominal Native muttons, $3.5004.25; culls and bucks. $2.25®0.25; stinkers, $203.25; lambs, s4® 5.59; clipped and fed Texas sheep, $3.8504. KANSAS CITY. Jan. 7.—Cattle—Receipts, 200; market steady. The moderate offerings this week met with erioouraglng demands, and the higher values of laatj week were fully sustained. Heavy native steers, $5.10®5.60; medium, $4.4005.10; light weights, $4 2005.25; etockers and feeder*, $3.25® 4.50; butchers' cows and heifers. $2 7504.50; canners, $202.75;; Western steers. $3.2501.86; Texa* corn fed, $3.250 4.75, Texas cotton-meal fed, $3.50 ©4.50. Hogs—Receipts, 8,60; market 5c lower. The demand this week for packing hogs was excejitlonally good, and the higher values established last week were fully sustained. Heavy hogs, $3.55 036'.; mixed, *3.3503.60; lights. $3.3903.40. pigs, $303.16. Sheeji—Receipts, 1,470; good demand for all mutton grad** at flint to shade higher prices. Native and range-fed lambs, *4 8505.25; muttons, $3 6'® 4.10; feeding and stock sheep and lambs, $203.75. CHICAGO, Jan. 7.—Hardly enough cattle arrived to-day to make a market. Trading was at yesterday’s prices. Hogs were fairly active, but sales showed a decline of sc, FaJr to choice, $3.57*j®3.70; packing lots, $3.3503.55; butchers, $3.400 3.79; light, *3.20® 3.60: pigs, $2.9063 35. bulk at $3 5003.65. The llmUed offerings of sheep were taken at unchanged prices, sales being on a basts of $2.50® 4 15 for sheep, $404.45 for yearlings, and $3.7506.10 for lambs. Receipts—Cattle, 390; hogs, 20,000; sheep, 2.500. NEW YORK, Jan, 7.—Beeves—Receipts, 250; no trading; feeling steady. Cables steady. Exports 384 cattle, 162 sheep and 1.963 quarters of beef. Calves—Receipts. 6; no trading; market steady. Sheep anil Lamb*— Receipts, 3.450; sheep steady; lamb* higher. Sheep. *404.85; lambs, *5 [email protected]. Hug*—Receipts, 2,500; market firmer at $3.90® 4 15. CINCINNATI. Jan. 7.-Hogs easy at 13.10# 3.67'ViCattle steady at $2 50®4.85. Sheep steady at *2.2504. Lamb* steady at *4-31 @5.40.
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