Indianapolis Journal, Volume 49, Number 16, Indianapolis, Marion County, 16 January 1899 — Page 7

THE L. A. KINSEY CO., INCORPORATED. CAPITAL, S2S,OOO—FULL PAID. —BROKERS— Chicago Grain and Provisions, New York Stocks. Long Distance Telephone. 1375 and 1592. II and 13 West Pearl Street Cincinnati Office, Room 4. Carlisle BulMlng. IUONPY 454% t 06%. I% 1 v7l IL* I SI,OOO and upward, loaned on Improved Property. Interest graded according to location and character of security. No delay. C. F. SAYLES, 135 East Market St. A DECREASE IN TONNAGE e PLEXTY OF BISIXESH, BIT CARS ARE LACKING TO HANDLE IT. + Railway Earnlngn Klrat W eek In January Dlaapiin-intlimr—The Chicago & Alton Off the Market. ■- ■ ♦ The train records show that there were received and forwarded at Indianapolis in the week ending Jan. 14 a total of 25,249 cars, 19,424 being loaded, which was 1,634 fewer than were handled at this point in the week ending Jan. 7, and 1,931 fewer loaded ears than were handled at Indianapolis in the corresponding week of 1898. This marked decrease in loaded car movement last week might at first thought be attributed to the advance in rates, but such is not the case; it is simply the impossibility of furnishing cars. Freight officials iay that at no time have they felt the scarcity of cars more severely than for ten days past. It should be borne in mind that the loaded car movement at present and for weeks to come will be compared with weeks in which Indianapolis lines did the heaviest business in their history; this is considered in comparison of the number of loaded cars handled at Indianapolis last week, with the second week of January, 1897, which shows that last week the loaded-ear movement exceeded by 2,261 the movement of the former week, 3,937 more than in 1896, 1,673 more than In 1895. and 5,515 more than in the corresponding week of 1894. The fact is that there is now more business in sight for the railroads than in any January in the history of the railways. The best feature is that business is not confined to any one class nor one direction, business west as well as eastbound being good. Grain, flour, provisions, cerealine products and cotton are going forward in unusually large quantities for midwinter. Locally, in manufactured products, provisions, live stock, machinery, lumber and produce the outbound tonnage is heavy beyond precedent, while in-bound business is spoken of as being very satisfactory. Below is given the car movement for the week nding Jan. 14 and for the corresponding weeks of 1898 and 1897: Name of road. 1899. 1898. 1897. C., I. & L 529 421 361 1.. D. & W 4x2 483 4<>9 C., I). & I).—lnd’polis div. 724 833 629 L., E. & W 418 479 415 Penn.—l. & V S3S 851 686 Penn.—J., M. & La 719 776 5>4 Penn.—Chicago div 761 Bsi £9O Penn.—Columbus div 2,050 1.966 1,425 Vandalia 2,538 2.454 1,644 P. & E.—East div 624 869 6)8 P, & E.—West div 815 1,119 816 Big Four—Chicago div 2,108 2.429 2,213 Big Four—Cincinnati div.. 2,587 3,301 2,7 1 2 Big Four—St. Louis div... 1,792 2.294 1,684 Big Four—Cleveland div... 2,388 2.168 2,466 Totals 19,424 21,355 17,163 Empty cars 5,825 6,156 7,502 Total car movement 25,249 27,511 24,665

The Broker* Won. A case has been decided in the Circuit Court at Wheeling of general interest to passenger men and ticket brokers. C. J. Beekman & Cos., ticket brokers, entered suit against the Pittsburg. Cincinnati. Chicago & St. Louis Railway Company (Panhandle) for sl,ooo' damages. The plaintiffs claimed that they were to purchase mileage books, which were used by the firm's patrons. It was alleged 200 such mileage books were purchsed at a cost of $4,000. The mileage was accepted until last year, when the conductors of the railroad took up eleven of the books, valued at $118.84. Further damage was claimed by the action of the company in declining to stick to its alleged agreement with the plaintiff. Verdict for the plaintiff in the sum of $667 was rendered. The railroad counsel has asked for anew trial. Railroad Earning*. The Big Four, in the week ending Jan. 8, earned $238,406.27, a decrease of $15,110.57 as compared with the corresponding week of 1898. The Lake Erie & Western earned in the first week of January $52,610, a decrease of $7,410 as compared with 1898. The Monon earned in the first week $50,010, a decrease of $577 as compared with last year. The Chicago & Eastern Illinois earned $90,399, a decrease this year of $16,103. The Evansville & Terre Haute earned $20,764, an increase this year of $964. Belt Road Traffic. . In the week ending Jan. 14 there were transferred over the Belt road 17,843 cars, against 17,706 in the preceding week. Belt road engines handled at the stock yards IA7B carloads of live stock, against 1,166 in trie preceding week, and for private switches on its line 1,022 cars, against 833 in the week ending Jan. 7. PerMonnl, Local and General Note*. Peasley Messer, a conductor on the Vandalia. is seriously ill, the result of a severe surgical operation. D. S. Gray, a member of the board of managers of the Joint Traffic Association, is home at Columbus for a week. It is predicted that'within sixty days the preferred stock of the Panhandle will be selling at par. It is now up to 88. A. B. Liggbtt. division superintendent of the Cotton Belt lines, has been promoted to the superintendency of the lines in Texas. The Big Four lines proper handled at Indianapolis last week 8,875 loaded cars, 1,317 fewer than in the corresponding week of 1898. On Feb. 1 E. A. Jones.who has represented the Great Northern in the Cincinnati district, will retire. His successor has not yet been selected. * , James MeCrea, first vice president of the Pennsylvania lines west of Pittsburg, who was East last week, returned to headquarters on Saturday. Col. J. C. Hanson, passenger conductor on the middle division of the Pennsylvania, has been nominated for one of the school directors of the city of Harrisburg. The first week in January the Panhandle lines show' an increase in gross earnings over those of the corresponding week of 1898 of nearly $60,000 as a result of better rates. On Tuesday 10.000 shares of stock of the Chesapeake & Ohio were purchased in linden as a result of the excellent prosin-rt that the road will become a dividend payer. J. T. English, superinetndent of the Columbus division of the Big Four, has been elected president of the Columbus division of the Central Association of Railroad Official*. L. A. Swelgard has been re-elected presidt nt of the Fnltadelphia Car-service Association, which handles more cars annually than any car-service association in the country. A special train on Thursday made the run from Johnstown to Pittsbmg, seventy-nine milts, in eighty-five mlnutca. Portions of the distant#- wore covered at a speed of a mile in fifty seconds. The Chicago & Eastern Illinois yesterday put on a train to muke the run from Chicago to Port Tampa in forty hotflrs and fourteen minutes, via the Louisville & Nashville and Plant system lines. The Union Railway Company of Dayton. 0.. composed of the Pennsylvania, the Big Four and the Cincinnati, Hamilton and Daytun lines, has disposed of the $400,000 of

bonds to be used in building anew union stalion at Dayton, selling the bonds at a small margin. Haifa million dollars is to be expended in the improvement. George B. Perry, son oi A. D. Perry, of this city, traveling passenger agent of the Chicago & Alton, was on Saturday appointed assistant ticket agent of the Chicago & Alton at Bloomington, 111. Irving King, who has been contracting agent of the Baltimore & Ohio at Baltimore, will ori Jan. 20 become traveling freight agent of the company, vice Arthur Sinclair, resigned to go into private business. John J. Nlossman, division freight agent of the Wabash lines, with headquarters at Buffalo, has been ill for some days, and on Saturday his disease took such a turn as to give his friends much anxiety as to his recovery. The Journal has excellent authority for stating that the presidency of the Delaware, Lackawanna & Western has been offered to an operating official of one of the Vanderbilt lines and he has its acceptance under consideration. Day L Anderson will to-day assume the duties of joint traveling freight agent for the Pittsburg & Western and the Cleveland Terminal & Valley Railroad Companies, with headquarters at Cleveland, vice W. C. Dunham, resigned. The West Shore has been caught cutting passenger rates on theatrical business between New York and Chicago, and its competitors are much displeased, as passenger rates were thought to be well held now between those points. The Vandalia handled at Indianapolis In the week ending Jan. 14, 2.53S loaded cars, eighty-four more than in the corresponding week of IS9B, the road forwarding west 852 and bringing in 1.656 loaded cars. Os the inbound business, 170 cars were live stock. A. D. Shaw, one of the oldest and bestknown yardmasters in the country, who recently retired as general yardmaster of the Peoria & Eastern, has arranged to go to Santa Cruz, Mexico, for permanent residence. He has relatives now residing there. J. J. Mitchell, who is closely identified with the affairs of the Chicago & Alton, announces that the property is not now for sale at any price. It is intimated that the controlling stock is held by persons who will not sell, but expect to keep it as an investment. George W. Squiggins. city passenger agent of the Baltimore & Ohio at Pittsburg, will on Feb. 1 be promoted to he passenger and ticket agent of the Baltimore & Ohio at Cleveland. A. W. Tiddy, agent of the Baltimore & Ohio at Washington. Pa., will succeed Mr. Squiggins at Pittsburg. The order issued hy the Pennsylvania Company requiring all men in its service to give their age and the time they have been in the service of the lines, is causing considerable comment. An official of the company says it is only carrying out the desire of the company to have a complete record of each employe in its service. There were handled at Indianapolis last week by the four Pennsylvania lines 4,389 loaded cars, 125 fewer than in the corresponding week of 1898. The Indianapolis division was the only one showing any Increase over last year’s corresponding week, it bringing in 826 and forwarding east 2.224 loaded cars, 84 more than in the corresponding week last year Thomas J. Newkirk, an attorney of Richmond. Ind., who was credited with saying that John R. Walsh, of Chicago, had stated to him that he intended to extend the Southern Indiana to Ric hmond and that he had purchased the rails, denies having made any such statement as coming from Mr. Walsh or any one else. >Still, Mr. Newkirk hopes and thinks such an extension of the road will be made. George W. Boyd, assistant general passenger agent of the Pennsylvania lines east, will he married on the 24th to Miss Mira C. Noyes, daughter of Crosby S. Noyes, editor and part proprietor of the Washington Evening Star. The wedding will take place at Tnglpside, the residence of F. B. Noyes, the bride's brother. A number of the friends of Mr. Boyd in railroad and business circles in this city have received invitations to be present at the ceremony. The Wabash has commenced the laying of tracks in the yards at the more important points with rails weighing eighty pounds to the yard, and a large force of men is now engaged in the work at Lafayette. Another matter of Importance receiving the attention of the Wabash engineering department is the practice of paying light rails, if anywhere, through cities and towns along the main track, with the understanding that trains move slower through cities and towns. Marion, Ind., is one of the best paying local stations along the line of the Toledo, St. Louis & Kansas-City, and has the poorest depot. The room used for a ticket office, telegraph office, waiting room and baggage room is by actual measurement twenty feet square, and on Saturday there were fifteen large commercial trunks, a number of valises, five ladies and eleven gentlemen crowded into that room awaiting the arrival of the morning train w'est-bound. The citizens are urging the receiver to give them better accommodations, feeling that the business the town gives the road justifies them in demanding such an improvement. At noon to-day a train service w’ill be started from Jersey City over the Pennsylvania Railroad and the Plant system which will reduce the time of travel to Havana by three hours. Hitherto the train making ship connections at Tampa for Havana has left Jersey City at 9 a. m., but the New York and Florida special, which begins service to-day, will, by increased * speed, make the same ship connections though starting three hours later. All space in this first train is taken, and staterooms are fully engaged until late in February. The plant steamship Olivette, which did transport work during the war, and which was sunk at Fernandina, has been rebuilt in Philadelphia, will sail Jan. 21 to enter the Tampa-Havana service. Chairman Woffindin. of the Chicago committee of the Central Freight Association, on Saturday issued his annual report, which shows that in 1898 there were shipped 4.236,520 tons of freight, against 2,650,904 tons in 1897, an increase in 1898 of 1,585.616 tons. The report shows that the Lake Shore carried more freight of the kinds specified than any of its competitors, having 13.7 per cent, of the total traffic. The Michigan Central was a close second, having exactly 13 per cent. The Fort Wayne line of the Pennsylvania had 12.8 per cent, and the Panhandle 7.5 per cent. The Erie road had 12.2 per cent, and the Nickel-plate 10.5 per cent. The smallest share was taken by the Big Four road. 6.7 per cent. The Baltimore & Ohio’s was 8.3 per cent., which w’as one-tenth of 1 per cent, more than the Grand Trunk had. The first iron rails that formed a continuous line from tidewater to the Ohio river AA’ere laid forty-seven years ago and the work was completed on Christmas eve, 1852. The completion of the laying of the iron rails, steel being too expensive at that time, is marked by a natural monument, eighteen miles from Wheeling.and near Roseby’s Station. This monument is a great stone on the hillside, and is located in Marshall county. West Virginia. It is sixty feet long, thirty-five feet wide and thirty feet high. Commercially minded men have estimated that it is w'orth S2OO for building purposes, but it could not be purchased because of its historical association with the completion of the main line of the Baltimore & Ohio Railroad. Cut deeply into the side of the rock that faces the railroad track is the following inscription: ’‘Roseby’s Rock. Track connected Christmas eve, 1852."

YOUNG SENATORS. Tendency I* to Replace Older Senator* by Men of Fewer Year*. Philadelphia Inquirer. The selection of Mr. Beveridge, of Indiana, as the Republican nominee fur senator means his election, and it is of interest because he is not only anew man in public life but a young one. For years Indiana was represented by men of mature years and large experience. She is now following in the footsteps of others in sending young men to the Senate. Mr. Fairbanks is but 46. and Mr. Beveridge is not yet 36 and will be the youngest senator with the exception of Senator Butler, of North Carolina, who was horn the same year—lß63. The election of young senators has gone on for ten years, each State finding the average age lower than before; but there are many exceptions. Alabama’s senators are 75 and 78 years old, respectively. The average from Arkansas Is about 60; from California. 52; Colorado. 59. but Wolcott when first elected was only 41 Connecticut’s senators are both over 70. but both from Delaware are under 60, and Kenney is but 42. Heitfeld. of Idaho, is 40 years old to-day; Mason, of Illinois. 48; Deboe. of Kentucky, is under 50; Wellington, of Maryland. is not 47: Lodge, of Massachusetts, Is 48; the average age of the Montana senators is 46, of Nebraska 51. of North Carolina 38. of Oregon about 44; Senator Penrose is 38; McLaurin, of South Carolina. 38: Chilton, of Texas, is 45, and was onlv 38 when he first took his seat; Cannon, of Utah, is 39. and Rawlins 48; both senators from Washington are 48, and Clark, of Wyoming. is 47. These are some of the younger senators, and they are by no means the least influential. Os course, long experience in the Senate counts for much, and with equal abilities a senator should he retained over a new man. It is noteworthy, how'ever, that the tendency is to replace the older senators when they die or are dropped with new men who are more energetic, even if not so wise. The old Senate lias gone never to return, but many of the changes are for the better. A Strained Fun. Minneapolis Tribune. Indiana to the United States Senate: "Have a Beveridge on me."

THE INDIANAPOLIS JOURNAL, MONDAY, JANUARY 16, 1899.

FIGHTING FOR SHARES SATYR DAY WAS ONE OF THE MOST ACTIVE DAYS IN WALL STREET. ♦ Broker* Hud More Orders than They Conld Fill, and Stock* Still Advancing—Local Trade Quiet. At New' York Saturday money on call was steady at 2% per cent. Prime mercantile paper, 3@3Va per cent. Sterling exchange was firmer, with actual business in bankers’ bills at $4.8494fir4.85 for demand and at $4.82*4fi54.82% for sixty days; posted rates, $4.83 and $4.85%; commercial bills, $4.81'04.81%. Silver certificates, 59@G0%c; bar silver, 59%c; Mexican dollars, 47%c. At London bar silver closed steady at 27%d an ounce. The imports of dry goods and general merchandise at the port of New York for the week were A'alued at $5,819,091. The imports of specie were $15,915 in gold and $77,265 in silver. Exports of gold and silver to all countries for the week aggregated $1,016,950 silver and coin and $108,586 gold. The New York weekly bank statement shows the following changes: Surplus reserve, increase $4,732,700 Loans, increase 3,042,210 Specie, increase 4,742,500 I-agal tenders, increase 2,221,20 Deposits, increase 8,924,000 Circulation, decrease 25,1C0 The banks now' hold $28,263,075 in excess of the requirements of the 25 per cent. rule. The New York Financier says: "In the face of a continued demand for funds, the News York banks are gaining cash and adding to their reserves in large amounts. It had been anticipated that the banks w’ould show a gain as a result of the past six days’ business, but the net increase was much larger than earlier calculations called for. The steady gain in specie reflects continued receipts not only from the West, but from other points as well. In fact, the gain is exclusively from outside shipments, since present operations with the treasury are resulting in weekly losses to the New Y'ork banks. The expansion in loans, coming after the decrease of the week ending Jan. 7 is only logical. Stock dealings are on such an enormous scale that borrowing on collateral is resuming the activity noted during the close of the year. It is not probable that the loans represent sterling operations, as under present circumstances liquidation is more in order than expansion. The heavy cash receipts, coupled with the loan increase, are responsible for the addition of nearly $9,000,000 to the deposit account, and as increased reserve requirements necessitated an addition of more than two and a quarter millions to that fund, the gain in excess cash is only $4,732,700. The surplus reserve is now $28,263,075, an amount larger than has been reported since Aug. 20 last, when deposits were $95,000,000 less and loans nearly $45,000,000 below the present total. As the movement towards New York is likely to add heavily to the already idle cash here, it is only natural to anticipate an extremely easy money market for a long time to come, accompanied hy continued Stock Exchange transactions on a larger scale. Os course, unforeseen causes may operate to check the activity now so prominent, but events seem to favor indefinite expansion. With money abroad approaching our own level, gold import talk has subsided. It is an interesting commentary on present conditions to note that the clearing house banks, while making new records from week to week in clearings and everything else, have yet more ilde money to take care of than they themselves like to see." The total sales of stocks at New Y'ork Saturday were 708,435 shares, including; Atchison. 21/KV>; Atchison preferred. 85,620; Central Pacific. 7,000; Chesapeake & Ohio, 3.900; Burlington, 28,910; Louisville & Nashville, 7,800; Manhattan. 15.210; Reading nreferred, 19,900; Missouri Pacific. 6.900; Missouri. Kansas & Texas. 3,250; New York Central, 5,450; Northern Pacific, 9,757; Northern Pacific preferred, 4.300: Oregon Navigation, 3,240: Reading, 8.120; Rock Island. 26,420; Union Pacific, 17.130; St. Paul, 18,620; Southern Pacific. 11,000; Southern Railroad. 52.520; Southern Railroad preferred, 30,910; Texas & Pacific. 3,600; Union Pacific preferred, 7,745; Cotton Oil. 15,500; Tobacco, 4.500, Steel, 42.240; Steel preferred, 3.630; People’s Gas, 6.920; Brooklyn Transit, 65,420; Pacific Mail, 3,850; Sugar. 10,670. WILD DAY' ON ’CHANGE.

Transactions on the New Y’ork Stock Exchange Saturday were the largest for a tw'ohour session in many years and had the same volume continued for the usual five hours’ trading it would have been within a quarter of a million of two-million shares. As it was,' there were over 700,000 shares dealt in, and the average net rise in prices was from 1 to 2 points in the shares which figure most extensively in the dealings. There was a diversion of interest from the Pacifies into higher-priced stocks, the grangers being the gainers. The excitement on the floor of the Stock Exchange was tremendous. There was an unusually large attendance of brokers for the short session, as the constant influx of outside orders rendered it necessary for the large dealers to transfer considerable of their business to the hands of smaller brokers at the regular commission between members. Stocks were buoyant and active. High-priced records passed unnoticed in the confusion. Brokers fought to execute orders and simultaneous transactions in many shares were widely apart. London had early received large purchasing orders from this side, and the quotations from that quarter showed general advances. The rapidity of the rise brought out immense blocks on realizing sales, but the sustained buying power of the market absorbed all offerings after a temporary reaction. and prices again mounted upward. The market halted momentarily pending the publication of the weekly bank statement, but on its appearance, shoving as it did increases of $4,732,700 in the surplus reserve and $3,042,200 in the loan account, bullish enthusiasm was resumed with violence. Commission houses were easily the largest buyers. The extreme gains in the Pacifies were only fractional, while in the grangers they ranged from 1, in St. Paul, to 3, in Burlington, ana in the active coalers from 1 to 2%. The Gould and Vanderbilt stocks were comparatively neglected, except Southern Railway. The greatest strength and activity was shown in the grangers, Atchison, the Readings, Southern preferred, Federal Steel and Brooklyn Rapid Transit. Points of heaviness were Great Northern preferred, Illinois Central, Metropolitan, Lead and Gas. Generally speaking, while there were some sharp recessions from the extraordinary high opening, the market regained most of the decline. The market closed with some irregularity, hut generally stiong and active, with important gains in many cases. A noteworthy feature was a large rise in Burlington on renewed gossip concerning the prospective refunding of its outstanding bonds. This talk, how’ever, was little more definite than usual. New Y'ork Air-brake made an extreme advance of 9 points, w'hile Southern Railway preferred and Atchison preferred were up over two points each and Federal Steel common, which has lately been rather neglected, although reacting from u>p prices ended with a net gain of 1%. The largest trading in any specialty was in Brooklyn Rapid Transit, which had an initial rise of 2 points on confirmation of its acquiring control of the Nassau Electric Comoany. The week’s business altogether was the most remarkable in the history of Wall street. Transactions for the week in stocks reached the enormous figures of 5,812.000, making the daily average for the full day’s sessions over a million shares. Dealings in the bond market were attended with the usual marked variations in the semi-speculative issues. There was in general a disposition to employ idle capital in the stock trading where the rapid fluctuations gave promise of a speedy profitable return. Investment houses reported that their books were filled up with orders for prime liens and although issues of this character came to hand through foreign sales, the absorptive power of the market prevented any shading in prices. United States seconds advanced % and the threes and the new fours. % in the hid price. United States fives, coupon, declined U; United States registered, %. and the old fours, registered, %. Following are the closing quotations on stocks and bonds: Atchison 22% Atchison pref 51% Baltimore & Ohio 68% Canada Pacific 86 Canada Southern 55% Central Pacific 46% Chesa|>eake A Ohio 27 Cnicago & Alton 168% Chicago, Burlington A Quincy 132% Chicago & Eastern Illinois 62 Chicago & Eastern Illinois pref 114% Chicago Great Western ir,% Chi.. Ind. L 9 Chi.. Ind. & L. pref Chicago & Northwestern 145% Chicago & Northwestern pref p© C., C., C. & St. L 4ju C., C., C. & St. L. pref 91 Delaware & Hudson 112 Delaware. I.ackawanna & Western ”17% Denver & Rio Grande 30% Denver & Rio Grande pref 70 Erie (new) 55 Erie first pref 39% Fort Wayne

Great Northern pref 160 Hocking Valley 2% Illinois Central 116% Erie & Western u’% I. Erie & Western pref G 5% Lake Shore 148 Louisville & Nashville 66% Manhattan L 108% Metropolitan Street Railway 189 Michigan Central 112 Missouri Pacific 45% Mobile & Ohio 36% Missouri, Kansas & Texas 14% Missouri, Kansas & Texas pref 38% New Jersey Central 102% New York Central 125 Northern Pacific 48 Northern Pacific pref 78% Rock Island 118% St. Louis & San Francisco 7% St. Louis &. San Francisco pref 67% St. Louis & San Francisco second pref 36% St. Louis & Southwestern 7% St. luis & Southwestern pref 20V 2 St. Paul 126% St. Paul pref 167 St. Paul & Omaha 97% St. Paul & Omaha pref 167 St. Paul, M. A M 180 Southern Pacific 3'. % Southern Railway 13% Southern Railway pref ... 4‘% Texas & Pacific 18% Union Pacific 47 Union Pacific pref 7^% Wabash 8% Wabash pref 23% Wheeling & Lake Erie 6% Wheeling & Lake Erie pref 26% EXPRESS COMPANIES. Adams Express 108 American Express 140 United States .’ 59 Wells-Fargo 128 MISCELLANEOUS. American Cotton'Oil. 36 American Cotton Oil pref 89% American Spirits 13% American Spirits pref 37% American Tobacco 147% American Tobacco pref 139 Consolidated Gas 189% Commercial Cable Cos 173 Colorado Fuel and Iron 33% Colorado Fuel and Iron pref 94 General Electric 100% Hawiian Commercial Cc 57% Brooklyn Rapid Transit 94% International Paper 62% International Paper pref 93% Lead S8 Lead pref 113% Pacific Mall 46 People's Gas 111% Pullman Palace 160% Standard Rope and Twine 10 Sugar 127 Sugar pref 111% Tennessee Coal and Iron 36% 11. S. Leather 7% U. S. Leather pref 71 IT. S. Rubber 46% U. S. Rubber pref 114% Western Union 94% Federal Steel 53% Federal Steel pref 83% UNITED STATES BONDS. IT. S. fours, reg 111% U. S. fours, coup 112% U. S. fours, new, reg ..129% U. S. fours, new, coup 129% U. S. lives, reg 112% U. S. fives, coup 112% U. S. threes 107%

Views of Henry Clew*. Banker Clews, of New Y’ork, says the general conditions in Wall street last week were not materially changed from the previous week. "The only important element of weakness in the stock market centers in the industrials,” he says. "Outside of a very limited line of exceptions, those stocks have long had to encounter a certain amount of distrust; but as their wide and frequent fluctuations have offered special temptations to sanguine operators, they have ranked among the most active properties on the list. As showing the great activity of this class of stocks, the sales of American Sugar, Tobacco and People’s Gas for 1898 aggregated 23,503,000 shares; while the transactions in the three most active railroads (St. Paul, Burlington & Quincy and Union Pacific preferred) amounted to only 17,800,000 shares. These figures show the influence that a few of the leading industrials must have upon the value of an enormously larger total of railroad stocks. That influence is unfortunately mainly prejudicial. It is wielded almost wholly in the interest of momentary speculations by the most venturous class of operators; it is not regulated by the influences that control the value of railroad securities; it is a factor in speculation so fictional and fickle that there is no calculating upon it either one way or another; and yet it very frequently artificially dominates the values of all other stock investments. The feeling among those interested in the more solid class of securities is becoming aroused against this element, as a serious source of market disturbance, preventing legitimate influences from having their due effect upon investment securities and causing constant needless unsettlings of confidence and of values. This feeling is just now accentuated by the fact that the banks are showing their estimate of the industrials by throwing them out freely as collateral against loans. Without speaking explicitly as to the motives of the banks in taking this course, it is easy to see that they must take cognizance of the surprising extent to which new combines are now being created in all parts of the country. L’nless some check is interposed to that movement, a very large majority of our industries must soon be operating under one or other modification off the trust principle; and, indeed, careful estimators calculate that already fully 60 per cent, of our manufacturing corporations have placed themselves under these amalgamations. It is hardly surprising that the banks, especially those doing a Stock Exchange business, should pay some attention to the flooding of Wall street with issues the true status or value of which it is generally difficult to ascertain. “The case would he different were these largely experimental amalgamations capitalized upon sound principles and on conservative valuations of their assets, and did they possess bona fide elements of permanency. In most cases, however, they are greatly over-capitalized; properties are taken in at exaggerated valuations; factories are absorbed with the expectation that they will be kept idle; good will is capitalized at fictional figures, and profits are promised which are incompatible with the maintenance of prices for products low enough to either protect the combine from competition or to stave off public dissatisfaction and legislative or legal intervention. It is very apparent also that many of those committed to these amalgamations are influenced by a desire either to realize upon the stocks distributed to them or to make them a basis of speculation, or both.. It is a serious question for Wall street as to how’ far it is consistent with the safety of its large interests and with its reputation as a great financial market to become instrumental in the distribution of thousands of millions of securities resting upon such a basis as these industrials for the most part possess. It would seem inevitable that these corporations must, at no very distant day, become a burning question in polities; and. in that event, what would he the situation of investment interests, if Wall street were found flooded with these issues? Is it not better to face this question now. while protection is possible, than to ignore it until the movement has passed beyond control? The demoralization to which the stock market is already constantly exposed from these influences is sufficient, without inviting further exposure to this demoralizing tendency. “There can be no doubt that the rapid increase now in process in tTiese industrial amalgamations is having its effect upon the otherwise hopeful influences that are enhancing the value of legitimate investments. The surprising magnitude of these new r creations causes conservative men to halt and ask—what is to he the outcome of the wave of speculative organization that is spreading over our industrial system? Their eye is upon this cloud in the horizon, and not a few r cautious men are disposed to stand still until they are more satisfied with this industrial outlook. The moral Is—confine your purchases to railroad investments of reasonable soundness.” Saturday** Bank Clearing*, At New York—Clearings, $223,938,574; balances. $13,081,114. At Boston—Clearings, $23,264,396; balances, $1,398,132. At Philadelphia—Clearings, $16,810,361; balances, $2,286,586. At Baltimore —Clearings, $3,395,802; balances, $422,971. At New Orleans—Clearings, $1,824,445. New York exchange, bank $1 premium; commercial, 25c discount. At Memphis—Clearings, $382,477; balances, $97,075. At St. Louis—Clearings. $4,314,128; balances. $841,342. Money. 4#6 per cent. New York exchange, 10c premium asked, 25c premium bid. At Cincinnati—Clearings, $1,777,300. ♦ LOCAL GRAIN AND PRODUCE. Week of DiMappointlitK Trade on Account of Rain—Price* Strong. The second week In January trade on the wholesale streets was not up to expectations, wholly due to the continuous rains covering four days of the week. Traveling salesmen, how’ever, brought in very good orders on Friday and Saturday, and report the country ripe for business as soon as roads and weather become settled. In prices changes were few. In several lines of dry goods slight advances wore established, and in the drug line some changes, but staple groceries. leather, hides and iron prices were unusually strong. Bills of last year are being paid quite promptly, and the new year sets in with retail merchants, outside of Indianapolis, cheerful and in better shape financially than for many years. At Indianapolis there is some complaint

of dull business, but the city has a surplus of grocers, and when the business is divided up some must find it difficult to make both ends meet. Then the credit system is making mote trouble for the retail grocer than any other one thing, it being stated that the retail grocers of Indianapolis do more business in the way of crediting their customers than any other city or town in the State. It was a fairly active week in grain circles, despite the rains. Shipments in here were larger than for some time past, and strong, steady prices prevailed. The week closed with track bids as follows, as reported by the secretary of the Board of Trs.de: Wheat—No. 2 red. 69c; No. 3 red, 64®6Sc; December, 69%c: wagon wheat. t>9c. Corn—No. 1 white. 3S%c: N0.,3 white (one color), 35*20; No. 4 white, 31%@35%e; No. 2 white mixed, S4c: No. 3 white mixed. 35c; No. 4 white mixed, 31@33c; No. 2 yellow, 35%c; No. 3 yellow, 85%c: No. 4 yellow, 31%@33%c: No. 2 mixed. 35%c; No. 3 mixed, 35c; No. 4 mixed, 31®33c; ear corn, 34 Vic. 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, 69c: wagon wheat, 69c. Inspections—Wheat: No. 3 red, 2 cars. Corn: No. 3 white, 28 cars; No. 4 white. 1; No. 3 yellow, 2; No. 3 mixed, 10; No. 4 mixed, 2; ear. 2; total. 45 cars. Hay: No. 1 timothy, 1 car; No. 2 timothy, 1; total, 2 cars. Poultry and Other Produce. (Prices paid by shippers.) Poultry—Hens, 6c; spring chickens, 6c: cocks, 3c: hen turkeys, young and fat, 8%o; young toms, 6%e; old hens, 6c; toms, sc; ducks, 4c; geese, 4c for full feathered. 3c for plucked. Cheese—New York full cream. KXSlle; skims, 0®8c; domestic Swiss, 13%c; brick, 12c; iimburger, 10c. Butter—Choioe, 10c; poor, 6@Sc; Elgin creamery, 2lc. Eggs—lsc. Feathers—Prime geese, 30c per lb; prime duck, 10®T7c per lb. Beeswax —30c for yellow: 25c for dark. Wool—Medium, unwashed, 17®T8c; tub-washed, 20®25c; burry and unmerchantable, 5e less. Honey—lo®T3c per lb. Game—Rabbits, 65@7Cc. Venison, 18®)20c per lb. Opossum, 20@25c apiece. HIDES, TALLOW, ETC. Green-salted Hides—No. 1,9 c; No. 2,8 c; No. I calf, 10c; No. 2 calf, B%c. Grease—White, 3c; yellow, 2%c; brown, 2%c. Tallow—No. 1. 3c; No. 2. 2%c. Bones—Dry, $12®13 per ton** THE JOBBING TRADE. (The quotations given below are the selling prices of the wholesale dealers.) 4,'undlcs nnd Nuts. Candies—Stick, 6%@6%c 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-shelied almonds, U®l3c; English w'aJnuts, 9@l2e; Brazil 10c; Alberts, lie; peanuts, roasted, 7@Bc; mixed nuts, 10c. Canned Goods. Corn, 75c®’51.25. Peaches—Eastern standard 3-!b. $1.75@2; 3-lb seconds, $1.25®T.50; California standard, $2.10<-(i2.40; California seconds, $1.75®2. Miscellaneous—Blackberries, 2-lb, 65@70c; raspberries, 2-lb, 90@95c; pineapple, standard. 2-lb, [email protected]; choice, $2®2.50; cove oysters, 1-lb, full weight, 85®95c; light. 60®65c; string beans, 70@ 90c; Lima beans, sl.lo® 1.20; peas, marrowfats, 86c@$1.10; early June, 90c®$1.10; lobsters, $1.85®>2; red cherries, Poe@sl; strawberries, 90®95c; salmon, 1-lb, [email protected]; 3-lb tomatoes, 90@95c. Coni and Cuke. 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. $5, smokeless, $4; lump coke, per bushel, 10c; crushed coke, per bushel, 12c. Drugs. Alcohol. [email protected]; asafetida, 25@30c; alum, 2% @4c; camphor, 40®44c; cochineal, 50@55c; chloroform, 53@65c; copperas, brls, 75®85c; cream tartar, pure, 50@33c; Indigo, 65@S0c; licorice, Oalab., genuine, 30®40c; magnesia, carh., 2-oz, 25@300; morphine. P. & W., per oz., [email protected], madder, 14 @l6c; oil, castor, per gal. [email protected]; oil, bergamot, per lb, $2.25; opium, $4; quinine, I’. & W., per oz, 31®36c; balsam copaiba, 50®60c; soap, castile, Fr., 12® 18c; soda bicarb., 4%®6c; salts, Epsom, 4®sc; sulphur, flour, s®)6c; saltpeter, 8® 14c; turpentine. 50#65c; glycerine, 15@17c; lodide laitassium, $2.50®2.C0; bromide potassium, 55@60c, chlorate potash. 20c; borax, 9@l2c; cinchonida, 20 @2se; carbolic acid, 30®32c. Oils —Linseed, 41®’43c per gal; coal oil, legal test, 7®l4c; bank. 40c; best straits, 50c; Labrador, 00c; West Virginia, lubricating, 20@30c; miners’, 40c; lard oils, winter strained, in brls, 40c per gal; half brls, 3c per gal extra. Dry Goods. Bleached Sheetings—Androscoggin I*, sc; Berkley, No. 60, 6%c; Cabot, 5%0; Capitol, 4Vic; Cumberland, sVic; Dwight Anchor, sic; Fruit of the Loom, 5%c; Farwell, sVic; Fltchville, sc; Full Width, 4%c; Gilt Edge, 4%c; Gilded Age, 3Vic; Hill. 5%c; Hope, 5V4c; Linwood, s Vic; Lonsdale, 5%e; Peabody, 4c; Pride of the West, 9%c; Ten Strike, sc; Pepjierell, 9-4, 15c; Pepperell, 10-4, 16Vic; Androscoggin, 9-4. 15%c; Androscoggin, 10-4, 17c. Brown Sheetings—Atlantic A, sVic; Argyle, 4%c; Boott C, 4c; Buck's Head, sc; Clitton COO, 4%e; Constitution, 40-incfc, 5%c; Carlisle, 40-lnch, 6c; Dwight's Star, 6e, Great Falls E, 4V4c; Great Falls J 4'ic; Hill Fine, sVic; Indian Head, 5%e; Pepperell R, 4%0; Pepperell, 10-4, 15c; Androscoggin, 9-4. 14c; Androscoggin, 10-4. 15Vic. Prints —Allen dress styles, 4c; Allen’s staples, 4c; Allen TR, 4c; Allen's roi>es, 4c; American indigo, 4c; Arnold long cloth B. 7Vie; Arnold LLC, 6%c; Pocheeo fancy, 4c; Cocheco madders, 4c; Hamilton fancy, 4%c; Merrimac pinks and purples. 4%c; Pacific fancy, 4%c: Simpson's mourning, 4c; Simpson’s Berlin solids, sc; Simpson's oil finish. 6c; American shirting, 3%c; black white, 3%c; grays, 3%c. Ginghams—Amcskeag staples, sc; Antoskeag Persian dress, 6c; Bates Warwick dress, 5%c; Lancaster, sc; Lancaster Normandies, 6c; Renfrew dress styles, 6c. Kid-finished Cambrics—Edwards, 3c; Warren, 2%c; Slater. 3c; Genesee, 3c. Grain Bags—Amcskeag. 513.50; American, $13.50; Harmony, $13.50; Stark, sl6. Tickings—Amoskeag At’A, 9c; Conestoga BF, II He; Cordis, 140, 9%c: Cordis FT, 9Vic; Cordis ACE, 9He; Hamilton awnings, 8c; Kimono fancy, 17c; Lenox fancy, 18c; Muthuen AA, 9%c; Oakland AF, sVjc; Portsmouth, 10%c; Susquehanna, ll'ic; Shetucket SW, 5 Vic; Shetucket F, 6c; Swift River, 4%c. Flour. Straight grades, $4.50®4.75; fancy grades, $5.75® 6.25; patent flour, [email protected]; low grades, [email protected]; spring wheat patents, [email protected]. Groceries.

Coffee—Good, 10@T2c; prime, 12® lie; strictly prime, 14@16c; fancy green and yellow, lS@22c; Java, 28@32c. Roasted —Old government Java, 32V,®33c; Golden Rio, 24c; Bourbon fcfantos, 24c; Gilded Santos, 24c; prime Santos, 23c. Package coffee —city prices—Ariosa. 11c; Lion, 10c; Jersey, 10.65 c; Caracas, 10.50 c; Dutch Java blend, 12c; Dill worth’s, 11c; King Bee, 11c; Mail Pouch, 11c. Sugars—City Prices—Dominoes, 5.50 c; cut-loaf, 5.75 c; i>owdered, 5.38 c; XXXX powdered, 5.50 c; standard granulated, 5.25 c; fine granulated, 5.25 c; granulated—five-pound hags. 5.31 c; extra fine granulated, 5.38 c; coarse granulated, 5.38 c; cubes, 5.38 c; mold A, 6.50 c; diamond A. 5.25 c; confectioners’ A, 5.13 c; 1 Columbia A—Keystone A, 4.88 c; 2 Windsor A—American A, 4.88 c; 3 Ridgewood A —Centennial A, 4.SBc; 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 c; 7 Windsor ex. C —American B, 4.63 c: 8 Ridgewood ex. ('—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. C, 4.44 c; 13 yellow—Centennial ex. C, 4.44 c; 14 yellow —California ex. C, 4.44 c; 15 yellow, 4.44 c; i6 yellow. 4.44 c. Flour Sacks (paper)—Plain, 1-32 brl, per 1,000. $3.50; 1-16 brl, $5; % brl, SS; % brl, sl6; No. 2 drab, plain, 1-32 brl, per 1,000, $4.25; 1-16 brl, $6.50; % brl, $10; (4 brl, S2O; No. 1 cream, plain, 1-32 brl, per 1,000, $7; 1-16 brl, $8.75; Vi brl, $14.50; Vi brl, $28.50. Extra charge for printing. sl.lo® 1.15. Salt—ln car lots, 80@85c; small lots, 90@95c. Spices— Pepj>er, 12©l8e; allspice, 15® 18c; cloves, 18@2Ec; cassia, 15@18c; nutmegs, 65@75c per lb. Beans—Choice hand-picked navy, [email protected] per bu; Dimas, California, 4%@444c per lb. Wooden ware—No. 1 tubs, $5.73® 6; No. 2 tubs, $4.75®5; No. 2 tubs, $3.75@4; 3-hoop pails, $1.40® 1.50; 2-hoop pails, $1.20®].25; double washboards, $2.25®2.75; common washboards, $1.25® 1.50; clothes pins, 50@fi0c per box. Molasses and Syrups—New Orleans molasses, fair to prime, 28@33c; choice, 35@40c; syrups, 18® 25c. Shot —[email protected] per bag for drop. Lend—6%@7c for pressed bars. Twine —Hemp, 12® 18c per lb; wool, 8<f?10c: flax, 20@30o; paper, 25c; jute, 12® 15c; cotton, lS@2sc. Wood Dishes—No. I, per 1,000, $2®2.25; No. 2, $2.25® 2.50; No. 3, $2.5002.75; No. 5,- [email protected]. Rice —Louisiana, 4%@s%c; Carolina, 6%@8%c. Iron and Steel. Bar Iron—l.so® 1.60 c: horseshoe bar. 2H@2Vic; nail rod, 7c; plow slabs, 2%c; American cast steel, 9@llc; tire seel, 2%@3c; spring steel, 4% @sc. Leather. Leather —Oak sole, 27®30c; hemlock sole, 24® 26c; harness, 32®37c; skirting, 38@42c; single strap, 38®41c; city kip, 60®85c; French kip. 90c@ $1.20; city calfskin, 90c®$1.10; French calfskin, $1.2001.85. Nails and Horupshoe*. Steel cut nails, $1.75; wire nails, from store, sl.9Q@2 rates; from mill; $1.75 rates. Horseshoes, per keg, $3.50; mule shoes, per keg, $4.50; horse nails, *4®s per box. Barb wire, galvanized, $2; painted. $1.75. Produce, Fruits and Vcgetahlca. Apples—Common, $3; good, $4: fancy, $4.50. New Tomatoes—s3.so per 6-basket crate. Grapes—Malaga grajies, $6.75 per brl. Figs—California. $1.65 per box: mat figs, B@9c. Cranberries—[email protected] per bri; $2®2.50 per crate. Oranges—Mexican, $3 i>er box; California navels, $2.65® 2.85. Lemons—Messina, choice, 300 to box, $3.75; fancy, $4.25. Persimmons—7sc per 24-pint crate. Bananas —Per bunch, No. 1, [email protected]. Cocoanuts —50c per doz. Lima Beans—sc per lb. Potatoes—White, 45c per bu; red, 40c per bu; $1.20®1.35 per brl. Sweet Potatoes —[email protected] per brl; Jersey sweets, $1 bu: brl, $2.75; Illinois, $2 brl; 70c bu. Cabbage—Holland seed, $1.25 per 100 lbs; homegrown, 75c® $1 per brl. Onions—sl.so per brl; Spanish onions, $1,25. Turnips— SK>c per brl. Parsnips—sl.so per brl. Celery- Michigan and northern Indiana, 30@40c. per bunch; California, 40@75c. Honey—White, 15c per lb; dark, 12c per lb Cider—s4.so per brl: half brl, $2.60. Provision**. Hams—Sugar-cured, IS to 20 lbs average, B'*® 9c; 15 lbs average, 8%@9%c; 13 lbs average, 9® 9%c. Bacon —Clear sides, 40 to 50 lbs average, B%c 30 to 40 lbs average, 6\c; 20 to 30 lbs average,’ 6%c; bellies, 25 lbs average. 6%c; 18 to 23 lbs average. Co*c; 14 to 16 lbs average, 7%c. Clear backs, 18 to 22 lbs average, 6%c; 14 to 18 lb average. 6%c; 8 to 10 lbs average, 6%0. in dry salt, V—c less. Shoulders—lß to 20 lbs average, 6c; 15 lb average, 6c; 10 to 12 lbs average, c. Lard—Kettle-rendered, 644®7c; pure lard, 6’/*® 6440Pork—Bean, clear, sl3; rump, [email protected]*

BETTER FOREIGN TRADE * GAVE WHEAT BILLS CONFIDENCE AND PRICES ADVANCED. Course Grain Wan Wenk nnd Nealeeted, Scoring Small Declines—Provisions Stronßer. CHICAGO, Jan. 14.—An improvement in the foreign demand, with heavy clearances at the seaboard to-day caused a good deal of animation among wheat traders, and Mayclosed •’Sic higher. Corn lost %c and oats left off a shade lower. Pork advanced 10c, and lard and ribs 2%c each. Steadiness was impiarted to wheat here at the start, owing to Liverpool quotations showing yesterday’s advance well maintained. The market, however, soon felt the effect of the prevailing local bearish sentiment in the absence of outside buying orders to counteract it. Business was very dull and individual transactions gave no indication of supreme confidence on either side of the market. May opened %c higher at 7b 7 4e, but settled immediately to and sold as low as 70%c before the decline was checked. About this time New York reported good-sized buying orders from the continent for wheat, and as there was a good deal of apprehension among the crowd as to the condition of winter wheat should severe cold succeed the present thaw, prices began to show- signs of advancement. Bradstreet reported the week's exports of wheat and flour at ,648,O)0 bu, and the total shipments to Europe from all exporting countries at 7,200,000 bu, which would leave all but 1,600,000 bu from this side. Such evidence of European dependence on this country was a great inducement to holders to raise the price, and May advanced to 71%e. Receipts here were 210 cars, of which 49 graded contract. Minneapolis and Duluth reported 498 cars received, compared with 518 for the same day last week and 333 the corresponding day a year ago. PrimaryWestern market receipts were large—777,ooo bu, against 405,000 last year. This was offset, however, by the heavy clearances of wheat and flour, which amounted to 1,014,000 bu, and a little more was added to the price. May reaching 71%@71%c on this information. New York reported thirty-eight boatloads disposed of for export, and it was said a good business was done at Kansas City for shipment by way of gulf ports. The market held firm right up to the end, and May closed at 71%c, buyers. In view of continued liberal receipts and a rather heavy market at Liverpool, hulls in corn had hard work to keep their specialty from sagging. Puts had been sold yesterday close to the market, and this acted as a sustaining influence. The shipping demand was good, notwithstanding lower quotations from Liverpool and 500,000 bu were reported sold for shipment. Receipts were 744 cars. May- opened a shade lower, at 37(5f37!4c, sold down to 36 7 /ic, then firmed up to 37c, the closing figure. Oats were steady- with only- small speculative interest manifested. Receipts were moderate, 191 cars, and the export demand good. There was little business done, and the range of May was only %e, opening a shade lower at 27%®28c, declining to 27%c, and closing at 27%®27%c. Liberal receipts of hogs and scattered selling at the start weakened provisions. As the session progressed, however, moderate buying by packers with light offerings started an advance, and the market closed with a little added to the price all around. Shipments for the week amounted to 11,865,000 pounds of meats and 7.349.000 pounds of lard. May pork opened a shade lower, at $10.05, declined to $lO. then rallied to $10.15, the closing figure. The range in lard and ribs was narrow. Estimated receipts for Monday—Wheat, 190 ears; com, 1,060; oats, 300; hogs, 40,000 head. Leading futures ranged as follows: Open- High- Low- ClosArticles. ing. est. est. ing. Wheat-May TO 7 * 71*4 "1% 71% Julv 69 69% 68% 69% Corn—Jan 34% 34% 34% 34% May 37% 37% 36% 37 July 37% 37% 37% 37% Oats—May 28 28 27 % 277' s July 26% 26% 26*4 26% Pork—Jan $9.85 $9.85 $9.85 $9.85 May 10.05 10.15 10.00 10.15 Lard —Jan 5.50 5.52% 5.50 5.50 May 5.67% 5.72% 5.67% 5.72% Ribs—Jan 4.80 May 5.90 5.07% 5.00 5.07% Cash quotations were as follows: Flour dull and steady; patents, 53.60(@>3.70; straights, $3.30@ 2.40; spring patents, hard. $3.40®3.60; soft patents, [email protected]; bakers, $2.20®2.50: bakers' straights. $2.80®.3.20. No. 2 spring wheat, 67%®69c; No. 3 spring wheat, 64®68c; No. 2 red, 71c. No. 2 corn, 36c; No. 2 yellow corn, 36%c. No. 2 oats, 27c; No. 2 white, 29%@30c; No. 3 white, 29®29%c. No. 2 rye, 56c. No. 2 barley. 43®52e. No. 1 flaxseed, [email protected]%; Northwestern, sl.lß. Prime timothy seed. $2.35. Mess pork, per hrl, $9.85(09.90. per 100 lbs, [email protected]%. Short-rib sides, loose, $4.70®4.95. Dry-salted shoulders, boxed, $4.25® 4.32%. Short-clear sides, boxed, ss®s.l<\ Whisky, distillers' finished goods, per gallon, $1.27. Sugars —Cut-loaf, 5.70 c; granulated, 5.20 c. Receipts—Flour, 18,000 brls: wheat, 125,700 bu; corn, 597,600 bu; oats, 194,700 bu; rye, 11.800 bu; barley, 59,000 bu. Shipments—Flour, 36,000 brls; wheat, 71,000 bu: corn, 238.000 bu; oats, 174,000 bu; rye 43,000 bu; barley, 16,(8)0 bu.

AT NEW YORK. Rulinjc Price* in Produce at the Seahoard'* Commercial Metropolis NEW YORK, Jan. 14. Flour—Receipts, 16.CC0 brls; exports, 22,690 brls. Market dull, but steadily held. Winter patents, $3.75® $4; Winter straights, $3.55®3.65; Minnesota patents, [email protected]; winter extras, $2.70©3; Minnesota bakers’, S3©3.CO; winter low grades, $2.40© 2.65. Corn meal steady; yellow Western, 82©83c. Rye quljt; No. 2 Western, 65c f. o. b. afloat. Barley malt steady; Western, 63©70c. Wheat—Receipts, 350,4(8) bu; exports, 139,833 bu. Spot steady; No. 2, red, 80%c f. o. b. afloat to arrive. Options opened steady and ruled very dull and featureless all the forenoon. Scalpers found their efforts to break the market checked by liberal clearances, the influence of yesterday’s good export trade and steady cables; closed steady and unchanged. March. 78%c; May, 75 1-16© 75 7-160, closed at 75140. Corn—Receipts, 96.525 bu; exports, 101,782 bu. Spot steady; No. 2, 43©43%c f. o. b. afloat. Options opened dull and closed the same, holding fairly steady, in sympathy with wheat. May, 41%@42c, closed at 42c. Oats—Receipts, 82,800 bu; exports, 375 bu. Spot quiet; No. 2. 33%©34c; No. 2 white, Options neglected. Hops steady; state common to choice, 1896 crop, 7©Bc; 1897 crop, ll©13c; 1898 crop, 18 ©l9c; Pacific coast, 1896 crop, 7@Sc; 1897 crop, 11© 13c; 1898 crop, 18©19c. Hides firm; Galveston, lt%c; Texas dry, 12c; California, 18c. Tallow quiet; city, 4c; country, 4©’4>4c, as to quality. Cotton-seed oil quiet and steady, without important changes; prime crude, 19©19%c; prime crude, i. o. b. mills, 16© 17c; prime summer yellow, 23©23 1 /zc; off summer yellow, 22c. Rice firm; fair to extra, 4%©6 1 /4c; Japan, 5V4© 3'.Ac. Molasses firm* New Orleans open kettle, good to choice, 29©34c. Coffee—Options opened dull at unchanged prices, ruled inactive and featureless, with no outside speculation and local trading indifferent in the absence of new features at home or abroad; closed dull at net unchanged prices. Sales, 250 bags, including March, 5.65 c. Spot coffee—Rio dull; No. 7 invoice, %c: No. 7 jobbing, 7V*c. Mild quiet and about steady. Cordova, 744@15c. Sugar—Raw dull and unsettled. Fair refining, 313-16 c; centrifugal, ’95 test, 4 5-16 c; molasses sugar, 39-16 c. Refined quiet; mold A, OV4C; standard A, i%c; confectioners’ A, 4"*e, cutloaf and crusher!, s'fcc; powdered, s‘/ic; granulated, sc; cubes, SVsC. TRADE IN GENERAL. (luotntions nt St. I.ouls, Baltimore, Cincinnati anil Other Place*. LIVERPOOL, Jan. 14 —Wheat—No. 2 red Western winter steady at 6s 3cl; No. 1 red Northern spring dull at 6a. Corn—Spot American mixed, new, stocks exhausted; American mixed, old, steady at 3a 10%d. Flour —St. Louis fancy winter dull at 7a 9d. Hops, at l<ondon (Pacific coast), dull £4 10a#£5 10s. Beef steady; extra India mess, 6‘>s; prime mess. 60s. Pork steady; prime mess, fine Western, 50s. prime mess, medium Western, 47s 6d. Hams—Short cut firm at :16s 6d. Bacon dull at 28s 6ri; short ribs dull at 28s tid; long clear middles, light, steady at 27s 6d; long clear middles, heavy, steady at 275; ahtar clear backs steady at 28s; clear bellies dull at 335. Shoulders—Square firm at 235. Lard—Prime Western dull at 295. Cheese dull; American finest, white and colored, dull at 49s Id. Tallow —Piime city firm at 22a 3d. Butter—Finest United States, 86; good. 655. ST. LOUIS, Jan. 14.—Flour unchanged. Options firm and fractionally higher. Spot lower; No. 2 red. cash, elevator, T3V*c bid; track, 71@75c; Janu-

ary, 73%c: May. 75%c; July, 68%e: No. 2 hard, 68c. Corn—Options steady and a shade •aster. Spot steady, No. 2. cash, 3oc bid; January, 3f>%c; May, 35%c. Oats—Options steady to easier. Spot higher; No. 2, cash, 28%c; track. 28%©29c; January. 2s%c; May. 28%c; No. 2 white. 30%c. Ry* firm at 56c track. Flaxsaed higher at f1.11%. Ptime timothy seed nominal. Com meal, $1.75® 1.80. Bran firm; sacked, east track, 56%c. Hy steady to firm; timothy. $8.75®9.75; prairie. ss#B. Butter quiet; creamery, 18®22c; dairy. 14® 17c. Eggs lower at Me. Whisky steady at $1.27. Cotton ties and bagging unchanged. Pork hlgheri standard mess. Jobbing, old. $9.12%: new, $9.87%. Lard better; prime steam. $5.30; choice, $5.40. Drysalt meats—Boxed shoulders, $4.25; extra shorts, $4.80; ribs. $4.87%; shorts, $5. Bacon—Boxed shoulders. $5; extra shorts. $5.37%; riba, $5.50; shorts, $5.75. Receipts—Flour. 5,000 brls; wheat, 33,000 bu: com. 107,000 bu; oats, 32.000 bu. Shipments—Flour. 4,000 brls; wheat, 27,000 bu; com, 45.C00 bu; oats, 16,000 bu. BALTIMORE. Jan. 14— Flour dull. Receipt*, 14,500 brls; exports. 64.(00 brls. Wheat steady; spot and month, 76®76%c: February. 76%fr76%c; steamer No. 2 red, 73®73%c. Receipts. 34.473 bu; exports, 177,372 bu. Southern wheat by sample, 72®77c; Southern on grade. 72%®76%c, Corn steady; spot and month, 40L®40%c; February, 40% @4o%c; steamer mixed. 37%®37%0. Receipts, 148,852 bu; exjiorts. 229,760 bu. Southern white and yellow corn, 37%®40%c. Oats dull; No. 2 white, 34®34%c: No. 2 mixed, 32®32%c. Receipts, 28,175 bu; exports none. Butter steady and unchanged. Eggs firm and unchanged. Cheese steady and unchanged. CINCINNATI. Jan. 14—Flour dull. Wheat quiet: No. 2 red. 71%®'72c. Corn firm; No. t mixed, 36c. Oats quiet and steady; No. 2 mixed, 29%c. Rye firm; No. 2, 570. Lard weaker at $5.25. Bulk meats quiet at $4.75. Bacon dull and steady at $5.70. Whisky firm at $1.27. Butter easy. Sugar firm. Cheese Arm. Eggs dull and lower ut 15c. TOLEDO, Jan. 14.—Wheat dull and firm; No. 2. cash. 71c; May, 73%c. Corn quiet and steady; No. 2 mixed, 36c. Oats dull and unchanged: No. 3 mixed, 28%c. Rye dull and steady; No. 2 cash, 56c bid. Clover seed active and steady; prime, cash, old, $3.90. MINNEAPOLIS, Jan. 14.—Wheat steady and strong; January, 68%c; May, 68%c: July. 69%c; on track No. 1 hard, 69c; No. 1 Northern, 6S-; No. 2 Northern, 66c. Flour and bran unchanged. Batter, Eggs and Cheese. NEW YORK, Jan. 14.—Butter—Receipts. 2.581 packages: market steady; State dairy. State creamery, 15®19%c: Western dairy, 15#29c{ Elgins, 20c; factory, 12%®12%c- Cheese —Receipts, 1,430 |>ackages; market steady; large, white, 10* /2 c; small, white. ll%c; large, colored, 10%c; small colored, ll®dl%c; light skims. 7%@8%0: part skims, 6%®7%e; full skims, 3®3%c. Eggs—Receipts. 2,552 j*aek:iges; market steady; State and Pennsylvania, 22c; Western, 20%c; Southern, 20 OSO%c. KANSAS CITY, Jan. 14.—Butter steady; separator, 17®'19c; dairy. 15c. Eggs were quoted firm to-day, owing to lighter receipts and a firm demand from all quarters. Fresh candled Missouri stock, 15c per dozen. CHICAGO, Jan. 14.—0n the Produce Exchange to-day the butter market was easy; creameries, 14®'19c; dairy, H®l7c. Eggs dull; fresh, 18@18%C. Cheese steady: creams, 9%@11%c. PHILADELPHIA, Jan. 14.—Butter quiet and unchanged; fancy Western creamery! 20c. Egg! weak and lc lower; fresh Western, 22c. Cheese firm. Dry Goode. NEW YORK, Jan. 14.—The dry goods market closed with fairly good results for the week. The volume of business passing has been heavy, as is Inevitably the case at this time of the year. But It has met the expectations of sellers in all the departments. The trade has taJlen hold of new goods with considerable enthusiasm. Staple cottons have shown less satisfactory results. Print cloths still maintain their firm position. The week has shown generally good results in woolen ar.d worsted goods. There have been many buyers In the town, and these have evinced much interest in the newly-opened heavy weights. Gila. WILMINGTON. Jan.' 14.—Spirits of turpentine nothing doing. and unchanged. Rosin quiet at 97%c(<®51.07. Crude turpentine firm at $1.35, $2.49 and $2.40. Tar steady at sl.lO. OIL (TTY, Jan. 14.—Oedit balances, $1.16; certificates, no bids, no offers, no sales. Runs, 38,020 brls; shipments, 92,812 brls. SAVANNAH, Jan. 14—Spirits of turpentin* nothing doing. Rosin Arm and unchanged. Cotton. NEW ORLEANS, Jan. 14.—Cotton quiet. Sales, 2,160 hales; ordiniir.v, 315-16 c: good ordinary, 4%c; low middling, 4%e; middling, 5 5-16 c; good middling, 5 15-16 c; middling fair, 6 7-16 c. Receipts, 14,4<fl bales; stock, 452,740 bales. NEW YORK, Jan. 14.—Cotton closed steady. Middling uplands, 6 l-16c; middling gulf, 6 5-160. Sales, 6tK> bales. Dried Fruits. NEW YORK. Jan. 14.—California dried fruits quiet. Evaporuted apples, common. 7%®Sc; prime wire tray, 8%®8%c; choice, 9@9%c; fancy, 10c. Prunes, 3%®10%c. Apricots, Royal, ll®14c; Moor Park. 13@17c. Peaches, unpeeled, 9®Tl%e; peeled. 21®23c. Metals. NEW YORK, Jan. 14—Pig iron steady; Southern, $19.25®*! 1.75; Northern, $10.25®12.25. Copper Him; brokers, 14%c. Lead strong; brokers, 3.92*,gc. Tin plates firm. ST. LOUIS. Jan. 14.—Lead Ann at 3,95@4c. Spelter higher at 5.10 c. Wool. NEW YORK, Jan. 14.—W00l firm; fleece, 1701 22c; Texas, 11® 14c.

1.1 YE STOCK. Cattle Scarce and Quiet—1Hog* Aefive and Lower-Sheep Steady. INDIANAPOLIS, Jan. 14. Cattle Receipt* light; shipments none. There were but few on sale, butcher grades being principally represented. All sold early at yesterday’s prices. Exports, good to choice $5.10(8> S.6S Killers, medium to good 4.60® 5.09 Killers, common to lair 4.00® 4.40 Feeders, good to choice 4.00® 4.40 Stockers, common to good 3.00® 4.00 Heifers, good to choice 3.90® 4.3S Heifers, fair to medium 3.50® 3.80 Heifers, common and light 3.00® 3.C0 Cows, good to choice 3.60® 4.01 Cows, fair to medium 3.00® 3.35 Cows, common and old 1.50® 2.50 Veals, good to choice 5. 00® 6.00 Veals, good to choice 5.00® 6,00 Vtals, common to medium 3.00® 4.50 Bulls, good to choice 3.50® 4.00 Bulls, common to medium 2.50® 3.23 Milkers, good to choice [email protected] Milkers, common to medium 20.00030.00 Hogs—Receipts, 8,000; shipments, 4,000. Tha quality was generally good. The market opened fairly active, with packers and shippers buying at a general decline of sc, and closed steady at the opening, with all sold. Heavies $3.70 @3.75 Mixed 3.67%®3.72*,i Lights 3.60 @3.155 Pigs 2.70 ©3.40 Roughs 2.75 @3,40 Sheep and Lambs—Receipts light; shipment* none. Nothing doing for want of stock. Th* market was steady. Sheep, good to choice $3.5004.00 Sheep, fair to medium 5.20®3.50 Stockers, common to medium 2.00© 3.00 Bucks, per head [email protected] Spring lambs, good to choice 4.25®.1.00 Spring lambs, common to medium 3.25©4.00 Elsewhere. KANSAS CITY, Jan. 14.—Cattle—Receipts. 80; prices unchanged. Well-matured cattle were in excellent demand this week, and prices for such lots were higher, while half-finished stock sold slow at about steady prices. Heavy native steers. $5.2005.65; medium. [email protected]; light weights, $4.25 @5.26; stookers and feeders. $3.5004.75; butchers’ cows and heifers, [email protected]; fed bulls, $2.8004.50; canning stock, [email protected]; Western steers, $3.50®6.16; Text ns, $3.50@6. Hogs—Receipts. 15,525. Frices a shade lower. Excellent demand for packing grades, and while not quotably higher this week, the recent advance in prices was fully sustained. Heavies, s3,6o@| 3.72%; mixed, [email protected]; lights. [email protected]; pigs, $3.20® 3.35. The aheep supply for the week consisted largely of Southwestern fed sheep and lambs that wesf not sufficiently well finished to satisfy requirements of the trade. Good flocks sold readily at firm prices, while common bunches were slow sal at lower prices. Lambs. [email protected]; muttons. $3.50 @4.10: feeding lambs, $3.25®3.60; feeding sheep* [email protected]; stockers, [email protected]. CHICAGO, Jan. 14.—The demand for cattle today was of a restricted character, but the limited offerings prevented any decline in prices. Fancy cattle brought ss©6; choice steers, $5.40® 5.75; mediums, $4.75® 5; beef steers, $3.75© 4.76; bulls, $2.60©3.40; cows anil heifers. $3.30@4, We.-t----ern fed steers, [email protected]; Texas steers, $3.6004.90; calves, [email protected]. There was a big run of hogs, and prices start'd off s@loe lower; packers and Eastern shipper* bought freely, and the early decline was fully recovered. The extreme range of prices during ths day was $3.40©3.77%, with the bulk of sales at $3.60®3.72%. Fair to choice, $3.6003.75%; packing lots, $3.4503.57%, mixed, $3.50©3.66; butchers, $2.50 @3.72%. The limited offerings of sheep were well taken at yesterday’s prices, lambs being salable at $4 @5.10, sheep at $2,504(4.25, and yearlings, s4© 1.55. Receipts—Cattle. 300; hogs, 26,000; sheep. 4,009* ST. LOUIS. Jan. 14.—Cattle-Receipts, 200. including 56 Texans. Market steady to stronger, with prices from 10@15c higher for choice grades, with common slower compared with last week. Fair to fancy native shipping and export steers, [email protected], bulk at $4.5005.35; dressed beef and butchers' steers, [email protected]. bulk at s4.ls@G: steers under 1,000 lbs, $304.40, bulk at $3.60@; stoekera and feeders, $2.750 4.35. bulk at $3.4004 25; cows and heifers, $204.20, bulk of heifers $3.2503.75. bulk of cow* $2.5003; Texans and Indian steers, $304.70, bulk at $3 [email protected]; cows and heifers, $2 35 ©3.75. Hogs—Receipt*. 4 900; market steady. Fig* and lights $3.5003.60; packers, $3.6003.75; butchers. $3.7003.85. Sheep—Receipts, 100; market steady. Native muttons, $3.7.©4: culls and bucks, $3.25®3.75; Stockers, $2.86; lambs, [email protected]. NEW YORK. Jan. 14.—Beeves—Receipts. 530; no trailing; feeling steady. Cables firm Exports, 150 cattle and 1,204 quarter* of beef. Calves —Recelpt*. 16; market firm, Veals, $506.25; no barnyard or Western calves. Sheep and Lambs—Receipts, 3.499; market quit* demoralized; sheep lo@lsc lower; lamba 10©20o lower. Good aheep, $4.25; two cars choice wether* sold late yesterday at $4.60; lamba. $5.3505.55: Canadian lambs, $5.40. Hogs—Receipts, 2,134; market steady at $3.90@ 4.15; choice State pigs. $4.25. CINCINNATI, Jan. 14.—Hogs active and 5o lower at $3.1003.75. Cattle steady at $2.50@5. Sheep quiet and steady at $2.2503.90. Lat b* steady at $4©6.35.

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