Indianapolis Journal, Volume 49, Number 51, Indianapolis, Marion County, 20 February 1899 — Page 7

THE L. A. KINSEY CO. INCORPORATED. CAPITAL, 925.000—FULL PAID. —BROKERS— Chicago Grain and Provisions, New York Stocks. Long Distance Telephone, 1375 and 1593. 11 and 13 West Pearl Street Cincinnati Office, Room 4, Carlisle Building. JI/lONFY 41 /2% t06 %- /wIvJItIwI SI r GOO and upward, loaned oti Improved Property. Interest graded according to location and character of security. No delay. C. F. SAYLES, 135 East Market St. A DECREASE IN TONNAGE ♦ pin WEATHER CAUSED CURTAILMEAT OF LOADED-CAR MOVEMENT. Panhandle 1 Inangarates Motor Power Service for Short Travel—Heavy Immigration Setting In. The train records show that there were received and forwarded at Indianapolis in the week ending Feb. 18 a total of 22.932 ears, 17.793 being loaded. While this exhibit, as compared with corresponding weeks of 1898 and 1897, is unfavorable, it is surprising that the exhibit for last week is as favorable as it is. Seldom, if ever, have Indianapolis lines been as effectually tied up as on Sunday, Monday and Tuesday of last week, weather conditions being such that if the passenger trains could be run it was quite satisfactory to transportation officials. While last week 4,398 fewer loaded cars were handled at this point than in the corresponding week of 1898 and 1.186 fewer than In 1897, there were handled 1.948 more loaded cars than in the corresponding week of 1896, 231 more than in 1895, and 1,191 more than in 1894. From these ligures it is evident that the weather conditions were wholly responsible for the unfavorable exhibit of the week ending Feb. 18. The call for cars the last four days demonstrated that there is a large amount of freight to be moved, and of all classes. For coal, lumber and stock cars the demand seemed the most pressing. The drop in the prices paid for corn has checked shipments somewhat. It is noticeable that many cars are loaded with agricultural and harvest implements, and Western dealers, It is stated, are stocking up more heavily than In any like period for some years past. Shipments of cotton eastward continue heavy. West-bound, in the higher class freights, there is a large tonnage for February, and transcontinental business in both directions Is heavier than usual at this season of the year. The cold weather, however, checked east-bound shipments of fruits quite heavily. Eocal business the early part of the week was down to minimum, but the last three days about reached its maximum, both giving busy times at the city freight depots and on the bulk tracks. The commission merchants are large shippers of fruits and vegetables, and with the milder weather shipments of all classes of merchandise and of machinery largely Increased. Transportation officials said on Saturday that calls for cars were coming In largely in excess of the supply. However, the car situation will !iow T soon be relieved, as the Eastern trunk lines are again open and sending cars back. Below is given the car movment for the week ending Feb. 18 and for the corresponding weeks of 1898 and 1897: Name of Road. 1899. IS9B. 1897. C., I. & L 454 490 401 1., I). & W 438 432 580 C„ H. & D.—lnd’polls div.. 700 894 908 1.. E. & W 438 542 457 Penn.—l. & V 813 648 815 Penn.-J.. M. & T 789 785 641 Penn.—Chicago div 648 671 552 Penn.—Columbus div 1,583 1.952 1,467 Vandalia 1,896 2.303 2.213 P. & E.—Bast div 630 836 1,084 P. & E.—West div 864 967 1,237 Big Four—Chicago div 2.427 3.358 2,503 Big Four—Cincinnati div... 2,444 3,965 3,166 Big Four—St. luls div.... 1.550 1,789 1.736 Big Four—Cleveland div... 2,128 2,619 2,209 Totals 17.793 22.191 19.979 Empty cars 5,139 6,382 6,775

Total car movement 22,932 28,573 26,754 Bast-bound shipments from Chicago last week amounted to 90.524 tons, against 93.100 tons for the previous week and 123,896 tons for the corresponding week last year. The Fort Wayne led witii 15,324 tons, while the Michigan Central carried 7,494; Wabash, 4,403; Lake Shore. 11,111; Panhandle. 6,048; Baltimore & Ohio, 10,335; Grand Trunk. 14,318; Nickel-plate, 7,191; Erie, 11,705, and Big Four, 2,895. The Subnrbnn Business. To-day the Panhandle will inaugurate its motor car service between Springfield, 0., and Xenia, having for several days been testing this method of transportation with highly satisfactory results, and General Manager Loree, of the Pennsylvania lines west, is a strong advocate of this method of handling what is practically suburban service. On his return from a trip over the Pennsylvania lines west last week he recommended similar service between Indianapolis and Greenfield, between Indianapolis and Franklin and between. Indianapolis and Martinsville, and if his plans are approved within sixty days these three motor ear lines will he in operation. The motor car itself carries but fifty-two passengers, hut has power to haul an additional passenger coach if required. In tests last week the motor car between Springfield and Xenia attained a speed of fifty miles an hour. Superintendent Mansfield, of the Indianapolis & Vincennes, is pleased with the new departure in handling short travel, seems confident that the programme of General Malinger Loree will be carried out and thinks that within a few weeks there will be service between the points named as often as every two hours, and possibly oftener, as the expense of running these motor cars is much less than that of a steam power train. Minim uni Speed fur Freight Trains. Managers of Western roads have of late been giving more attention to the fast freight service than to that of passenger trains, and a minimum speed for freight trains will likely result. Fast freights have been causing some annoyance to them, and an effort is under way to change that also, not necessarily to abandon such speed as may be consistently required, but to establish a minimum, preventing any special time being made as a means to securing a fat contract. This was taken up for consideration about ten days ago and referred to the superintendents along the several lines, but their report was not entirely satislactory, as several obstacles were encountered. The managers of the roads lihvo agreed, however, that a minimum of speed •hall be established, and each road will arrange its time card to suit its own service Fast freights have been used in hauling live •tock, fruit and other perishable sroods ;o thEast and merchandise to the W est, and there has been no limit to these trains as to their time. licit Road Truffle, In the week ending Feb. 18 there were transferred over the Belt road 15,806 cars, against 14,833 in the preceding week, and against 17.210 in the week ending Feb. 4 Belt road engines handled at the stock yards last week 977 carloads of live stock against 857 carloads the preceding week, and against 1,130 carloads in the week ending Feb 4 Belt road engines bust week bandied for private Industries on its line 778 cars, against 736 in the preceding week, and against 820 cars in the week ending Felt. 4. IViMtnnl, Local and General Notes. The Baltimore & Ohio Southwestern will enlarge its shops at Chillicothe, O. James Collard has been appointed auditor Os the Falls Brook road, succeeding Willium Nicholson. It is understood that with W. H Truesdale going to the Lackawanna. W. I. Allen, assistant general manager of the Chicago

& Rock Island, will succeed Mr. Truesdale as general manager. E. O. McCormick, passenger traffic manager of the Big Four lines, returned yesterday from New York. Arthur Mendenhall, trainmaster of the Panhandle, w ho lias been ill for some weeks, will resume service to-day. The passenger department of the Santa Fe w ill put on sale 3 000-mile books at $75, good over any of the lines in the system. Another meeting of the Western Passenger Association will be held this week, at which it is expected to ratify the new agreement. The Louisville division of the Pennsylvania lines has renewed its membership with the Central Association of Railway Officials. H. C. Stickney. general manager of the Chicago Western, with his family, will go to southern California on a healthseeking trip. E. R. Griffin, of Omaha, on Saturday took th*- position of general agent of the freight department of the Union Pacific at Denver, vice H. Johnson, resigned. The passenger cars of the Chicago & Eastern Illinois are now all equipped with the Miller coupler, which are to be removed and the Jonney coupler substituted. It is stated that the Ohio Southern is now deeper in litigation than at any time in its history, arid who will control the property is a puzzle only the courts can solve. N. B. Whitsell, inspector of fuel and locomotives of the main line of the Wabash system, has had the fifth district, between Montpelier and Peru, placed under his charge. Next Tuesday's meeting of the western classification committee has been postponed until May. The meeting was called to consider the reduction of minimum carload weights. Boston papers deny the report that President Perkins, of the Chicago, Burlington & Quincy, contemplates resigning and that First Vice President Harris is to be his successor. The Wabash has returned the locomotives it borrowed from the Monon, the latter needing its power, and Iras borrowed several heavy freight engines from the Chicago & Northwestern. E, C. Dunnevant and other passenger officials of the Pittsburg <& Lake Erie, who have been on a trip to Mexico, returned on Saturday. While away the party also visited Havana, Cuba. President Burt, of the Union Pacific, has issued official notice that the Union Pacific has become owner of what is known as the Julesburg branch, which has been operated as part of the Colorado Southern system. It is stated that were the Panhandle Company to pay a dividend on Its stock there are several townships on its line which would receive quite handsome sums. Steubenville is one, and would receive SB,OOO, based on the sh ires it holds. In the month of January there arrived and departed at the Union station, this city, 3,813 trains, handling 20.966 coaches; increase in number of trains over Jan., 1898. twenty-seven, and in number of cars handled, fifteen. Agents from the Dakotas and Montana arc scouring the middle and eastern States for immigrants to the States named. Passenger officials say that immigration has already set in. and in March bids fair to exceed any former month since the States were opened for settlement. Last week contracts were awarded so the Brooks Locomotive Works for seventy-five locomotives, the best week’s record in the history of the works. Os these orders, fifteen were for the Central Road of New Jersey. Heretofore the Baldwin Locomotive Works have built all the engines for that road. Conservative railway officials are much pleased that W. H. Truesdale is to be the president of the Delaware. Ijackawanna .V Western, as he is a strong advocate of good rates and the Lackawanna has been in the past a rate-reducing line. although it has the advantage of being tne shortest lino between Buffalo and New York city. There is no doubt that CoL J. J. Hill’s interest in the Baltimore & Ohio means much in the way of additional business to the road. Transcontinental freights consigned on his road are delivered to one of his six or seven connections running between St. Paul and Chicago, and at the latter place will now likely go to the Baltimore & Ohio. The Illinois Central has purchased two blocks of ground in Omaha on which to build an immense freight depot, which it will occupy Jointly with the Chicago & Rock Island and the Chicago, Milwaukee & St. Paul. The business of the two lastnamed roads has been for some years past done in the Union Pacific freight depot at Omaha. The recent order of the Baltimore & Ohio for 5,000 steel coal ears, to be built by the Pressed Steel Company and the Carnegie Company, brings the total purchases of the receivers up to 30.394 since March 1, 1896. The locomotive purchases during that time hate been 216, of which about twenty are still to be delivered. The company has also purchased five postal cars, ten express cars, ten combination cars and six dining cars. It is stated that the Vanderbilts have secured control of the Falls Brook road, a valuable property, although but forty-five miles in length. The company also has a lease of the Pine Creek, Geneva & Corning road and of the Gerfiva & Lyons. It is expected the New York Central management will take control April 1. It connects the New' York Central and the West Shore lines and is of more importance to the New' York Central system than to any other railroad company. David Pope, the Monon engineer buried at Lafayette last week, fired the w’ood-burner engine “Quickstep" on the Monon main line on its first trip over the road. He fired for four years and W'as then promoted to engineer. For over thirty years lie ran the engine, pulling passenger trains between New r Albany and Lafayette, later being transferred to the north end. Until his sudden death he had enjoyed excellent health. At the time of his death he weighed 270 pounds, but was very active. To-day a number of promotions become effective on the Chicago Great Western. T. N. Hooper, who has been with the company ten years and recently as division freight agent at Dos Moines, has been made division freight and passenger agent for the southwest division, from Fairbank to Blockton inclusive. Lucius Oppenheimer has been promoted to division freight and passenger agent for the northwestern division, St. Paul to Oelwein. Inclusive, except the Waverly branch. E. B. McConahy, formerly traveling agent, who looked after livestock and dairy business, has been made traveling freight and passenger agent for the eastern division, extending from Stanley to Forest Home, with the exception of Dubuque. * SALES OF REAL ESTATE. Fourteen Transfers, with n Total Considerntlon of ijt19,ri.'2.30. Instruments tiled for record in the recorder’s office of Marion county, Indiana, for the twentyfour hours ending at 5 p. m. Feb. 18, 1899, as furnished by Then. Stein, abstracter of titles, corner of Market and Pennsylvania streets, Indianapolis, Suite 229. first office fleor. The Lemcke. Telephone 1700: Kienor E. Kline to Henry F. Kline et al., part of Lots 65 and 66, Noble's subdlvisioin of Outiots 47. .70. 57, 56 and fit $42500 Charles Ji. Ren k wood to Louis C. Brandt and wife. Lot 84. Block 4. Caven & Hockwood’s East Woodlawn addition... 500.00 John Hot* to Christian <7. Weiss and wife, jwxrt of Outlet S2 4.900.00 Christian G. Weiss to John Hotz. Lot 7, .A Urn's subdivision of Henderson's addition 4,000.00 Francis G. Howard to Win. B. Howard, part east half southeast quarter Section 14, Township 16. Range 2 763.00 Ji. .son P. Martindale to Mary C. Howard. j>art east half southeast quarter Section 14. Township 16, Range 2 770 00 Win. N. Vandiver to Sarah M. Goodin, Ix>t 5. Block 3. Tuxedo Park 1.00 Peter 1.. Nogley to Catharine F. Brown, Lot 2. Cast let on 409.00 Lynn B Millikan to F.steile J. Johnston, Gits 17 nnd 18, Bell's subdivisioin of Johnson's heirs' addltiion 1,650.00 John W. Hall to Frank B. Stewart, Lot 7. Square 14. Lincoln Park 3,000.00 Mary G. Stout to Vesta M. Stout et al., part west half northeast quarter Section Township 1.7, Range 2 566.67 Henry M. Bevilie to Edwin H. Shedd, Lot 9. Fletcher's addition 1,400.00 Eugene l'dell to Mary 11. Forsmyer, Lot 20. Block 19. North Indianapolis 1.600.00 Louis C. Thiele to Henry A. Stumph, Lot 36, Fleming's North Park addition 476.00 Transfers, 14; consideration $19,552.30 Dry Goods. NEW YORK. Feb. IS —The market for cotton goods to-day was qutet In alt departments oh the spot, with a fair mail order demand. The tone continues decidedly strong. Few prints can be bought to ariive at a named price, orders being booked at value only In nearly every line. Heavy brown cottons are scarce and strong; light weight yarn makes tending upward. B'.eaehed cottons strong Cotton yarns in quiet demand, but very fitm. Worst'd yams in fair request and advancing. There has been a quiet market in woolen and worsted goods without special feature. FALL RIVER, Feb. 18. —Print cloths firm nt £'-c, with 2A<‘ asked for April deliveries. Wide goods selling on a basis of 2*c and narrow goods on a basis of 2 9-16 c. A Weak Finish. Chicago News. Little France*—Papa, my teacher told me to ask you to tell me something about Victor Hugo. To-morrow she wants me to tell the class what wan the most important thing he ever did. Papa (who pretends to know it ail)—Victor Hugo founded the Hueonauts—but. say. tell your teacher I’m paying school taxes, and I don't propose to have to do her work Make her tell you about It herself and see liow she likes it.

THE INDIANAPOLIS JOURNAL, MONDAY, FEBRUARY 20, 1899.

A SURPRISE IN STOCKS — DURING THE PAST WEEK PRICES HAVE BEEN FORCED HIGHER. Sensational Jump in Tobacco Shares, Saturday, That Helped Others—Local Trade Fairly Active. ♦ - At New York Saturday money on call was steady at 24i2 , *j per cent.; last loan, 2%. , Prime mercantile paper, 2*(&3* per cent. Sterling exchange was steady with actual business in bankers’ bills at $4.86 for demand, and at [email protected]* for sixty days; posted rates, $4.85@4-87; commercial bills, $4.83*. Silver certiticates nominal at tio*c; bar silver, sS*4c; Mexican dollars, 47>ic. At London bar silver closed steady at 27Visd an ounce. The imports of dry goods and general merchandise at New York for the week ending Saturday, were valued at $5.790,341. Exports of gold and silver from New York to all countries for the week aggregate $940,886 silver bars and coin and SII,OOO gold. The Imports of specie were $820,601 in gold and $58,348 in silver. The New York weekly bank statement shows the following changes: Surplus reserve, decrease $1,138,000 Loans, increase 8,367,700 Specie, increase 3,634,000 Legal tenders, decrease 2,493,700 Deposits, increase 9,113,200 Circulation, decrease 21,300 The banks now hold $34,373,825 in excess of the requirements of the 25 per cent. rule. The New York Financier says: “The deposits of the New York clearing house banks, according to their statement of Feb. IS, was within a very small per centage of nine hundred millions. Their cash reserve is $258,666,900, the heaviest accumulation of funds ever reported by those institutions. In fact, tlte cash balance of the United States treasury, including the one hundred million gold reserve, is only about fourteen millions above this figure. Considered as a reserve it constitutes 28.6 per cent, of the enormous deposit total, or $34,373,825 more than the 25 per cent, which is arbitrarily held against deposit liabilities. This is almost SIO,OOO in excess of the idle cash reported for the same week last year, and reveals the remoteness, under normal conditions, of any probability that money may go to an unusual figure owing to the activity of exchange transactions and the sums required in the financing of new trusts. The banks, to tell the truth, are exhibiting a degree of strength in the face of present demands on them that is little short of marvelous. Within the past week, despite the increase of $9,113,200 in deposits, necessitating enlarged reserve requirements of over twenty-four millions, their surplus reserve decreased only a little over one million. REAL GAIN IN CASH. “The gain in cash was $1,140,300, the decrease in surplus reserve of course being due to deposit additions. Specie receipts were $3,634,000, mostly from the Pacific coast, and the losses of legal tenders were about two and a half millions. This shrinkage was due to shipments to interior institutions, but that the demand forecasts a continued loss is uncertain, as the interior banks are remarkably strong in reserves and will probably be able to supply their own needs without calling on balances here. The loan expansion of $.8,567,700, judging from known conditions, ought to be traced to Stock Exchange sources, especially with reference to securities returned from abroad. But a closer analysis of the statement ind'eates that special operations, involving two or three banks at the most, have brought about the increases and decreases. Thus the deposits of one institution have been swelled about seven millions, while its loans are at least five millions heavier. Two other banks more than account for the difference over last week, so that a large majority of the institutions, Individually considered, have added to their cash resources during the week." The total sales of stocks at New York, Saturday, were 678,300 shares, including: Atchison, 16.620; Atchison preferred, 31,820; Central Pacific, 27,780; Burlington, 72,680; Illinois Central, 5,160; Manhattan, 13,000; Metropolitan, 7,820; Reading preferred, 31,000- Missouri Pacific, 3,400; New York Central. 6,520; Northern Pacific, 10,000; Northern Pacific preferred, 11,620; Ontario & Western, 3,670; Rock Island, 19,520; Union Pacific, 9,220- St. Paul, 74,200; Southern Pacific, 9,890; Southern, 4,000; Southern preferred, 3,250; Texas & Pacific, 5,500; Union Pacific preferred, 7,600; Tobacco, 136,600; Steel, 7,0(8); Steel preferred, 7,600; People’s Gas. 15,900; Brooklyn Transit, 5,800; Sugar, 14,900; St. Louis & Southwestern preferred, 4,100; Chicago Great Western, 3,225. The net changes in stock prices for the day were irregular, with slight fractional advances predominating, although in some important stocks the advance was considerable. The dealings were very large for a Saturday short session, almost 700,000 shares being traded in. London was early a seller and later repurchased about half of that amount. A more confident sentiment regarding the situation at Paris accompanied the election of a President of France. Houses with Washington and Chicago connections appeared as liberal purchasers and the selling was scattered. The feature of the market was the sensational advance in Tobacco, which made a net gain of 17* after an extreme advance of almost 20. The dealings in this stock were of a very sensational character, the variations between sales running either way from 1 to 4 points. The movement was generally considered as directed against the short interests. Various reports were current of absorption or friendly relations being established with the company’s most conspicuous rival, but these stories were denied in other quarters. The market became irregular after the opening exhibition of strength, realizing sales being offset by confident buying in others. Burlington was jammed down 2 points, and the other grangers and railways which have been strong crumbled. Meanwhile Manhattan, which broke 3 points on the order for the removal of the elevated structure in Battery Park, recovered most of its early loss. It was the aggressive strength of Tobacco which steadied the rest of the industrials, including Sugar. Metropolitan Streetrailway and Third-avenue displayed considerable strength, as did also a number of the low-priced stocks, including Texas Pacific, St. Louis & Southwestern preferred and Chicago Terminal. After the first hour many stocks went up at a lively rate. The appearance of the bank statement, while about as expected, showing a decrease in surplus and an increase in loans, brought about considerable realizing, but covering of shorts lifted prices again to some extent. The market closed active and strong. THE BEARS SQUEEZED. Advancing prices, like a rising tide, stole upon the bears the past week, waves of purchasing orders forcing retreats from one position to another. In the forepart of the week the mark( t was highly professional and cautiously manipulated, lest the trading become too wild and thus render conservative speculators and investors timid. Favorable underlying features were not different from those previously prevailing, but the adroit ones having acquired stocks while the market was semi-stagnant, wished them to advance and as they lifted them it became "follow the leader.’’ which this week was Burlington. Gratuitously disseminated gossip that a purely trading market was to be expected had encouraged the putting out of short lines, but the rising paper values induced covering, which at times was very urgent. The continued prevalence of easy money was the backbone of the price movement. Little impression was made on prices by the increase in loans and decrease in reserve shown by the bank statement for the three Saturdays ending yesterday. There were various reasons assigned for th© increase in loans, among them the financing of many new industrial combinations, refunding schemes and amalgamations, pending of alien railway interests! The strength of the market, despite the storms hampering traffic and reducing railway earnings, at least temporarily, was indicative of increased confidence. In fact, all unfavorable news, including the death of the President of France, with its possible complications, made but a transitory imprint on values, while favorable news or rumors of pending developments quickly recruited the ranks of the optimists. The week’s bond market furnished a number of features. Including a revival of activity in the control of Georgia issues which ordinarily are dull. The market generally displayed an advancing tendency with a considerable increase in activity towards the end. United States new fours and the threes declined * and the old fours, registered, and the fives, coupon, % in the bid price. The following table. Dxenared by 1a W,

louis, Room 11, Board of Trade, shows the range of quotations; Open- High- Low- ClosName. ing. est. est. ing. Atchison 23 23(4 22* 23* Atchison pref 63* 63* 63',* 63* Baltimore & Ohio 70 Canada Pacific 96* Canada Southern 60* 60* 69 60* Central Pacific 65* Chesapeake & Ohio 29 28 * 2S* 28* Chicago & Alton I' l C., B. & Q 146* 143* 146* 147* C. & E. 1 66* C. & E. I. pref 117* C., C., C. & St. L 61 61 60* 60* C.. C., C. & St. L. pref 96* Chicago Great Western 16* Chi., Ind. & L W Chi., Ind. & L. pref 4o Chicago & Northwestern 150* Delaware & Hudson H3 I)., L. <£- W 160* Denver & Rio Grande 23*4 Denver & Rio Grande pref 75* Erie 15 Erie first pref Fort Wayne I" 8 Great Northern pref 182 Hocking Valley 3 Illinois Central 4i* Lake Erie & Western 29 Lake Erie A Western pref 67* Lake Shore 200* Louisville & Nashville...... 65* 65* 65* 65* Manhattan 119* 111* 109 111 Michigan Central U 8 Missouri Pacific 46* 46* 46* 46* Mo., Kan. & Texas pref... 39* 39* 39 39_ New Jersey Central 104* 105 104* 104* New York Central 139* 139* 186* 139* Northern Pacific 54* £4* o 4 £4* Northern Pacific pref 89* 80* 79* 80* Reading 22* 22* 22* 22* Reading first pref 63* Rock Island 120* 121 V; 120* 120* St. Paul 131 132* 139* 131* St. Paul pref 169 , St. Paul & Omaha 93* St. Paul & Omaha pref I*l Southern Pacific 40* Texas Pacific 22* Union Pacific com 48* 48* 47* 48* Union Pacific pref 81 81 &>* 81 Wabash 8 * Wabash pref 23* Wheeling & Like Erie 11* Wheeling & Lake Erie pref S3 EXPRESS COMPANIES. Adams Express 113* American Express 140 T T . S. Express 55 Wells-Fargo Express 125 MISCELLANEOUS. American Cotton Oil 37 American Cotton Oil pref 91* American Spirits 13* 13* 13* 13* American Spirits pref 36* American Tobacco 141 158 141 156 American Tobacco pref 136 People's Gas 114* 115 114* 115 Brooklyn Transit *4 Consolidated Gas 306* Commercial Cable Cos 110 General Electric 112* 112* 112* • 112* Federal Steel 61* Federal Steel pref .• 87* Lead 36* 36* 35* 36* Lead pref 113* Pacific Mall £l* 52 £l* 51* Pullman Palace 161* Sugar 134* 135* 134* 135* Sugar pref 113 Tennessee Coal and 1r0n.... 43* 43* 43 43* U. S. Leather 7 U. S. Leather pref 71* 72* 71* 72 IT. S. Rubber 52* U. S. Rubber pref 117* Western Union 95 95* 95 95* UNITED STATES BONDS. D. S. fours, reg 112* U. S. fours, coup 112* U. S. fours, new, reg 127* U. S. fours, new, coup 127* U. S. fives, reg Ill* U. S. fives, coup Ill* U. S. threes, coup 106* Views of Henry Clews. Banker Clews, of New York, in his financial circular of Feb. 18, says: “The intervention of two days’ holiday and the interruption caused by the extraordinary storm, have somewhat cooled the speculative enthusiasm and afforded Wall street an opportunity for reflection, which may not be without some advantage; the more so because the situation in financial affairs is an unprecedented one and imperfectly understood. Among its numerous causes are (1) an unparalleled abundance of capital seeking investment, after a tong period of idleness consequent upon distrust; (2) a large floating surplus of business earnings which, for the time being, is being enthusiastically devoted to speculative uses; (8) large amounts of securities have long been accummulating in the hands of speculative capitalists, which they are now seeking to dispose of to the public; (4) many new enterprises are seeking capital, after waiting long for an opportunity; (5) the large earnings of the railroads are placing many of them in what is taken to be a permanent dividend-paying position; (6) financial opinion has come to the conclusion that, in the future, capital must accept lower rates of interest, which implies a higher market price for the principal; and (7) enormous amounts of corporate and private industrial capital are being consolidated in the expectation of cutting down expenses and realizing larger returns from the investments. “Never before has such a combination of powerful influences occurred at the same moment in this country. They are real factors and easy of comprehension; and as they all have a bullish tendency, it is not difficult to conceive how they have produced the very marked effects on values that have occurred; nor is it to be supposed that effects accruing from such influential causes will quicklv disappear. The change in the tone of the market has taken such a strong hold upon opinion, that nothing short of some unforeseen calamity could be expected to put prices back to the old-time level. It is more than possible that there may be a revision of some of the more extreme advances. The mood of some of the large operators is tending in that direction, and all the more so because they have already made large realizations and would welcome an opportunity for buying back at lower ligures. There is, however, one rather important element which tends to counteract that drift. I refer to the considerable mass of medium and low grade stocks the rise on which has not been at all proportioned to that which has occurred upon the better grades. Perhaps these securities have not yet been sufficiently credited with the benefits accruing from certain of the influences referred to above; and it seems reasonable that the causes which have led to such a great appreciation in the gilt-edge investments should be regarded as also conferring a pro rata additional value upon stocks of inferior grade. It is a feature of the great rise, however, that it has favored the investment securities rather than the speculative: and any effort to manipulate the latter is now having to contend with a reactionary tendency in the former. This produces, for the moment, an uncertain and hesitating market, not encouraging to Indiscriminatory buying and long holdings, hut rather to short turns, buying on the drops and realizing on moderate advances. “Wall street is not indifferent to the immense current creations of 'trust' issues. It is felt to be a movement of the profoundest importance: but ooinions about outcome vary according to the theoretic standpoint from which the subject is viewed. For the moment it is regarded as affecting Wallstreet interests rather indirectly than directly. that is to say. only so far as it may posibly unsettle confidence in the somewhat distant future of our industrial system; even the question as to w'hether these new issues will broaden the speculative list of the exchange is not viewed as a matter of immediate interest. In considering that prospective question it is to lie kept in mind that these trust operations are not, properly speaking, new creations; they are rather the reshaping of old capitals, so that the movement is to be regarded as only in a limited sense an expansion of corporate capital. The new consolidated issues are, however, much more adapted for great speculative operations than those the* displace; and the large extent to which the other industrials are now dealt in on the exchange affords some idea of what may he the later magnitude of these operations should the Stock Exchange decide in favor of admitting the stocks to a free participation in its privileges. That is the question which, at the moment, most directly concerns members of the board and which, at a later stage, may excite unusual interest, if not wide divergences of opinion. “The excess of exports over imports for the eight months ending Jan. 31 amounts to $439,340,000. This excellent showing together with that of the New York banks, which represents an increase in deposits .for about the same period of over $200.0011,000, ha3 made it possible for this country to take from Europe $68,000,000 of our securities since the first of January without any evidence of discomfort or fatigue; and, as an evidence that this increase in the New York hank deposits is not at the expense of other sections of this country, money everywhere at all centers is quite as superabundant as it is In New York city. It goes without saying that the entire circulating medium to-day in gold, silver and paper is seeking active use in securities and sound financial enterprises, thus showing the existence of full confidence prevailing from one end of the Nation to the other in the soundness of the business situation. When confidence is strong everybody that has money is anxious to place it where it will bring interest and dividend returns. When there is a lack of confidence the universal feeling is to lock up principal and sacrifice the interest. This is hoarding and always produces scarce money and high rates for its use. At the present time competition is with the loaners of money, they vying with each other to make the best use of it. When there Is no confidence the competition is with borrowers, who are compelled to pay whatever is asked for its use.” Saturday* Rank Clearing*. At Chicago—Clearings, $19,507,569; balances, {2,262,716. New York exchange, 10c discount.

Sterling exchange posted S4.So/fi4.S7: actual. $4.54([email protected](4: sixty days, [email protected]£. At St. Louis—Clearings, $3,850,478; balances, 3717,345. At New York—Clearings, $238,8215,066; balances. $10,875,795. At Boston—Clearings. $26,921,948; balances, $2.575,&54. At Philadelphia—Clearings, $17,778,166; balances. $2,404,151. At Baltimore—Clearings, $4,391,306; balances, $793,709. At Cincinnati —Clearings, $1,492,900. —aLOCAL GRAIN AM) PRODICK. Fair Week’s Trade, with Strong; Prices—Potatoes Weaker. In the last four days of the week ending Feb. 18 trade on the wholesale streets and on Commission row was quite satisfactory, the temperature admitting of shipping all classes of freights. Prices were very strong on fruits, vegetables and eggs, but all markets in the lines named weakened on Saturday, and the day of one dollar a bushel for potatoes this year is doubtless passed. Apples are scarce and higher, as are eggs. A few days of warm weather will break the egg market. In other lines there were no changes of Importance during the week. Staple groceries and drugs are very firm at quotations and the, dry goods market is working into a much stronger position. The local grain market was not so much affected by the cold weather as other lines of trade and prices on track varied little. Receipts of corn are large. The week closed with track bids ruling as follows, as furnished by the secretary of the Board of Trade: Wheat—No. 2 red, 70c; No. 3 red, 63@69c; February, 70c; wagon wheat. 70c. Corn—No. X white, 33%c: No. S white (one color), 33%c; No. 4 w hite, 29%@31%c; No. 2 white mixed, 33A4c; No. 3 white mixed, 33Vic; No. 4 white mixed. 2940314 c; No. 2 yellow, 33(40; No. 3 yellow, 334 c; No. 4 yellow, 2940314 c; No. 2 mixed. 33(ic; No. 3 mixed, 33V*c; No. 4 mixed, 294@3140; ear corn, 32%c. Oats —No. 2 white, 31c; No. 3 white, 30(*c; No. 2 mixed, 29c; No. 3 mixed. 284 c. Hay—No. 1 timothy, $7.50@8; No. 2 timothy, $6,5007. Inspections—Corn: No. 3 white, 22 ears: No. 4,2; No. 3 yellow. 3; No. 3 mixed. 7; no grade, 2; total. 36 cars. Oats: No. 3 mixed, 2. Hay: No. 1 timothy, 2 cars; No. 2,1; No. 3 prairie, 1; total, 4 cars. Poultry unl Other Produce. (Prices paid by shippers.) Poultry—Hens. 7e; spring chickens, 8c; cocks, SVic; hen turkeys, young and fat, 8c;. young toms, fiLc; old hens. c: toms, sc; ducks. 6c; geese, 4c for full feathered, 3c for plucked; capons, lat, 10c; small, 6@Sc. Cheese—New York full cream. lOffillc: skims, C@Sc; domestic Swiss, 12%c; brick, 12c; llmburger, 10c. , Butter—Choice, 10c; poor, s@7c; Elgin creamery, 21c. Eggs—l Sc. Feathers—Prime geese, 30c per lb; prime duck 10017 c per lb. Beeswax—3oc for yellow: 25c for dark. Wool—Medium, unwashed. 17018 c; tub-washed, 20<&25c; burry and unmerchantable, 5c less. Honey—lool3c per lb. Game—Rabbits, 65@70c. HIDES, TALLOW, ETC. Green-salted Hides—No. 1,9 c; No. 2. 8c; No. 1 calf, lie; No. 2 calf, 84c. Grease—White, 3c; yellow, 2>4c; brown, 2%c. Tallow—No. i, 3c; No. 2,24 c. Bones—Dry, $12013 per ton. THE JOBBING TRADE. (The quotations given below are the selling prices of the wholesale dealers.) Candies and Nuts. Candies—Stick, 64@69ic per lb; common mixed, 6,i@7c; G. A. R. mixed, 64c; Banner twist stick. Sc; cream mixed, 9c; old-time mixed, 7c. Nuts—Soft-shelled almonds, 11013 c; English walnuts, 3® 12c; Brazil nuts, 10c; filberts, 11c; peanuts, roasted, 7@Bc; mixed nuts, 10c. Coal and Coke. Anthracite, per ton, $7; Brazil block. $3.50; Island City lump, $3.25; Paragon lump, $3.25; Jackson lump, $4-50; Pittsburg lump, $4.50; C. & O. Kanawha lump, $4.50; Winifrede lump, $4.50; Blossburg smithing, $5; smokeless, $4.50; lump coke, per bu, 10c; crushed c“e, per bu, 12c.

Canned Gouda. Corn, [email protected]. Peaches —Eastern standard 3-lb, $1.754?2; 3-lb seconds, $1.2501.50; California standard, $2.1002.40; California seconds, $1.7502. Miscellaneous—Blackberries, 2-lb, 65070 c; raspberries, 3-lb, 900 95c; pineapples, standard, 2-lb, 91.1001.20; choice, $1,600-2.50; cove oysters, bib, full weight, 85095 c; light, 60@65c; string beans, 700 90c; Lima beans, $1.1001.20; peas, marrowfats, 85c@$1.10; early June, 90c@$1.10; lobsters, $1.8502; red cherries, 90e@$l; strawberries, 85@90c; salmon, 1-lb, 90c@$l.S5; 3-lb tomatoes, 90@95c. • Drugfi. Alcohol, $2.560 2.68; asafetida, 25030 c; alum. 2% 04c; camphor, 55060 c; cochineal, 50055 c; chloroform, 58065 c; copperas, brls, 75@S5c; cream tartar, pure,' 300 33c; indigo. 65080 c; licorice, Calab., genuine, 30040 c; magnesia, carb., 2-oz, 25030 c; morphine, P. & W., per oz., $2.3002.55; madder, 14 @l6c; oil, castor, per gal, $101.10; oil, bergamot, per lb, $2.25; opium, $3.75; quinine, P. & W., per oz, 370 42c; balsam copaiba, 50060 c; soap, castile, Fr., 12016 c; soda bicarb., 4406 c; salts, Epsom, 405 c; sulphur, flour, 506 c; saltpeter, 80' 14c; turpentine, 50055 c; glycerine, 14@17c; lodide potassium, $2.5002.60; bromide potassium, 55060 c, chlorate potash, 20c; borax, 9012 c; cinchonida, 22 027 c; carbolic acid, 30032 c. Oils—Linseed, 410 43c per gal; coal oil, legal test 7014 c; 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 gai extra. Flour. Straight grades, $4.5004.75; fancy grades, $5.75@ 6.25; patent flour. $606.50; low grades, $2.7603.75; spring wheat patents. $6.5006.75. Groceries. Sugars—City Prices—Dominoes, 5.50 c; cut-loaf, 5.75 c: powdered, 5.38 c; XXXX powdered, 5.50 c; standard granulated, 5.25 c; fine granulated, 5.25 c; granulated—five-pound bags, 5.31 c; extra fine granulated, 6.38 c; coarse granulated, 5.35 e; cubes, 5.38 c; mold A, 5.50 c; diamond A, 5.31 c; confectioners' A, 5.13 c; 1 Columbia A—Keystone A, 4.88 c; 2 W indsor A—American A, 4.88 c; 3 Ridgewood A— Centennial A, 4.88 c; 4 Phoenix A —California A, 4.81 c; 5 Empire A —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. C—Centennial B, 4.56 c; 9 yellow ex. C—California B, 4.50 c: 10 yellow C—Franklin ex. C, 4.50 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; 16 yellow, 4.44 e. Coffee—Good, 10012 c; prime, 12014 c; strictly prime, 14016 c; fancy green and yellow, 18@22c; Java, 2S@32c. Roasted—Old government Java, 324033 c; 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, lie. Flour Sacks (paper)—Plain, 1-32 brl, per 1.000. $3.60; 1-16 brl, $5; 4 brl, $8; (4 brl, sl6: No. 2 drab, plain, 1-32 brl, per 1,000, $4.25; 1-16 brl, $6.50; If, brl, $10; (, 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@96c. Spices—Pepper, 12018 c; allspice, 15018 c; cloves, 180?5c; cassia, 15018 c; nutmegs. 65075 c per lb. Beans—Choice hand-picked navy, $1.3001.35 per bu; Lima;* California, 44@4%c per lb. Woodenware —No. 1 tubs, $5.760 6; No. 2 tubs, $4.750 5; No. 2 tubs, $3.750 4 : 3-hoop pails, $1,400 1.60: 2-hoop pails, $1.2001.25; double washboards, $2.2502.75; common washboards, $1.2501.50; clothes pins, 50060 c per box. Molasses and Syrups—New Orleans molasses, fair to prime, 28033 c; choice, 35@40c; syrups, 18@ 25e Shot —$1.3001.35 per bag for drop. Lead—64o7c for pressed bars. Twine —Hemp, 12018 c per lb; wool, S@loc: flax, 20030 c; paper, 25c; jute, 12©15c; cotton. 18026 c. Wood Dishes—No. 1. per 1,000, $202.26: No. 2. $2.2502.50; No. 3. $2.5002.75; No. 5. $303.25. Rice—Louisiana, 44064 c; Carolina, 64@8y 2 c. Iron anil Steel. Bar 1r0n—1.5001.60c; horseshoe bar. 24@2%c; nail rod, 7c; plow slabs, 24c; American cast steel, 9@llc; tire seel, 2403 c; spring steel, 44 <g>sc. Lentlier. Leather—Oak sole, 27030 c; hemlock sole, 240 26c; harness, 32037 c; skirting, 38042 c; single strap, 380 41c; city kip, 60085 c; French kip, 9Oco $1.20; city calfskin, 9Oc0$l.lO; French calfskin, $1.2001.85. A'ailß and Horseshoe*. Steel cut nails, $1.75; wire nails, from store, $1.90@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. Produce, Fruits and Vegeta hies. Apples—Common. $3; good, $4; fancy, $4.50. New Tomatoes—s3.6o per 6-basket crate. Grapes—Malaga grapes, $6.75 per brl. Lettuce —110124 c per lb. Figs—California, $1.66 per box: mat figs, 809 c. Cranberries—s6o7.so per brl; $202.50 per crate. Oranges—California navels, $2.750 3. Lemons—Messina, choice, SbO to box, $3.50; fancy, $4. Bananas—Per bunch. No. 1, $101.73. Cocoanuts—soc per doz. Lima Beans —5c per lb. Potatoes—6oo6sc per bu. Sweet Potatoes—Jersey sweets, $1 bu; brl. $3; Illinois, $2.26 brl; 75c bu. Cabbage —Holland seed, $2 per 100 lbs; homegrown, $1 per brl. Onions—Red, $2.25 per brl; yellow, $2 per brl; Spanish onions. $1.50. Turnips—sl per brl. Parsnips—s 2 per brl. Celery—Michigan and northern Indiana, 30@40c. per bunch; California, 40075 c. Honey—White, 15c per lb; dark. 12c per lb. Cider—s4.so per brl; half brl, $2.60. I'rovlMlons,. Hams—Sugar-cured. 18 to 20 lbs average, 84® 94c; 15 lbs average, 84094 c; 12 ibs average, 94 094 c. Bacon —Clear sides. 40 to 50 lbs average. 64c--30 to 40 lbs average. 64c; 20 to 30 lbs average 64c. bellies, 25 lbs average, 64c; 18 to 23 lba average. 6%c; 14 to 16 lbs average. 74c. Clear backs, 18 to 22 lbs average, 6%c; 14 to 18 lbs average, 6%c; 8 to 10 lbs aterage, 64c. In dry salt, 4c less. .-Shoulders—lß to 20 lbs average, 54c; 15 lbs average. 6c; 10 to 12 lbs average, 64c. Lard—Kettle-rendered, 6“i ; pure lard, 64c, Pork—Bean, clear, sl3; rump, $10.50. Seeds. Clover—Choice, $3.75; prime, $3.50; English, choice, $3.2503.60; alsike, choice, $4.5005, allaila. choice. $4.250 4.50; crimson or scarlet clover. 12.7503; timothy, 45 lbs, prime, $1.1501.20; light (dime. $1.2001.25; choice. $1.2501.30; rainy Kentucky, 14 lbs. $1.15; extra clean, 60075 c; orchard grass, extra, $1.1501.30, red top. choice, 80c @51.40; English bluegrass. 24 lbs. $1.1501.76; German millet, $101.25; Western millet, 60085 c; common milieu 40060 c.

WHEAT SOLD HEAVILY BEARS IN ABLE TO KEEP THE PRICE OF MAY I NDER 72 CENTS. ♦ Weakuma Throogliout (be Grain Market, with Small Export Demand —Pork Scored Declines. CHICAGO. Feb. IS.—ln spite of heavy selling to-day wheat found ready takers, and, after a severe struggle. May closed at a decline of %@%c. Corn, oats and provisions were uncompromisingly weak, closing at a loss of 4c in corn, VU'sC in oats and 224 c in pork, and 100124 c in lard and ribs. Wheat started fairly steady, but when trading commenced the receipts at Minneapolis and Duluth were reported at 580 carloads, compared with 212 carloads the corresponding day a year ago, and such an excess in the present, rate of deliveries created bearishness immediately. May, which had opened a shade higher, at 72%@T2 1 4c, dropped quickly to 714072 c. Chicago receipts were light at 50 cars, of which only 6 graded contract. The aggregate receipts at Western primary markets was 554.000 bushels, against 479,000 bushels a year ago. On the other hand Atlantic port clearances were very small, amounting to only 175,000 bushels. World's shipments of wheat and flour to Europe for the week were placed at 6,(XX), 000 bushels, the United States and Argentine contributing 2,700,000 bushels. New York sent rather contradictory news about the demand there for export, but shipping houses in Chicago claimed there was more promise for a revival of the export business than for a month back. Such reports as were received from the country regarding the condition of winter wheat were, in the main, favorable. As the session progressed there was a protracted struggle on the part of short sellers to keep May wheat below 72c. It was forced down on three or four occasions to 71%c and once to 719-4<&71 7 4c, but always bobbed up again when the selling pressure was relaxed. An immense amount of wheat was wanted at 72c, and May finally closed at 72(&-72 1 8 < n Heavy receipts and the large accumulation of stocks in store, with a slack shipping demand, weakened corn. Longs liquidated freely and prices declined sharply. Receipts were 655 cars. May opened a shade lower, at 3541i36c, sold sparingly at Stic, then slipped oft' to 35%@354c and closed at 354 c buyers. Prospects of a large increase in the visible supply had a bearish influence in oats. There was general liquidation by longs and large short interests increased their lines. Receipts were 361 cars. May began a shade lower, at and declined to 27%c, the closing figure. Under free selling by packing concerns, owing to the extreme weakness in corn, provisions declined to the lowest point this year. Shipments for tne week were small, only 13,145,000 pounds of meats and 8.525,000 pounds of lard. May pork opened 5c lower at $9,874, sold sparingly at $9.90, then fell to $9.70, the closing price. May lard began 2> /a c down, at $5.524<&5.55, and sold off to $5.45 at the close. May ribs started 24c lower, at $4,974. declined to $4,824* and closed at $4.82404.85. Estimated receipts for Monday—Wheat, S5 cars; corn, 720 cars; oats, 320 cars; hogs, 35.000 head. Leading futures ranged as follows: Articles. Open- High.- Low- ClosWheat— in*. eat. est. lng. May.... 724-724 734 714-714 72 -724 July.... 71 71 704 "04 Cosm — Mar.... 354-36 36 35%-354 354 July.... 364-364 364 364 36 Sept.... 37 37 36 4 364 Oats — May.... 274 274 274 274 July.... 25% 25% 25% 24 Fork — May.*.. $9.87% $9-90 $9.70 19..0 Lord— _ „ „ May.... July.... 5.65 5.65 5.55 6.55 Sept..., 5.75 Riba — May.... 4.924 4.924 4.82% D.SS Julv.... 5.074 5.074 4.974 4.9.4 Sept.... 5.15 6.15 5.10 5.10 Cash quotations were as follows: Flour quiet and steady, wdnter patents. $3.87403.90; straights, $3.60; clears, $3.3603.40; spring patents. $4 20; specials, $3.70. No. 2 spring wheat, 6@7oe; No. 3 spring wheat, 64@70c; No. 2 red, 720724 c. No. 2 corn, 344035 c; No. 2 yellow, 344035 c. No. 2 oats, 274027(90; No. 2 white, 300304 c: No. 3 white, 2940294 c. No. 2 rye, f. o. b., 56(4e. No. 2 barley, 410604 c. No. 1 flaxseed, $1.16; Northwestern, SLI9%. I’rime timothy seed, $2.40 : Clover seed, contract grade, $6.35, a decline of 15c. Mess pork, per brl. $9.6509.70. Lard, per 100 lbs. $5.3005.324. Short-rib sides (loose), $4.5504.80; dry-salted shoulders (boxed), $4.2504.374; short-clear sides (boxed), $505.10. Whisky, distillers’ finished goods, per gal, $1.26. Sugars—Cut-loaf, 5.70 c; granulated. 5.20 c. Receipts—Flour, 18,000 brls; wheat, 43,000 bu; com, 573,000 bu; oats, 398,000 bu; rye, 9,000 bu; barley, 46,000 bu. Shipments—Flour, 10,000 brls; wheat, 4,000 bu; com, 184.000 bu; oats, 190,000 bu; rye, 1,000 bu; barley, 17,000 bu.

AT NEW YORK. Haling Price* in Produce at tlie SeattoarcT* Commercial Metropolis. NEW YORK, Feb. 18. Flour—Receipts, 11,723 brls; exports, 12,247 brls. Market neglected and weak* Winter patents, $3.75@4; winter straights, $3.55®3.65; Minnesota patents, $3.90(94.15; Minnesota bakers’, $3.10®) $3.25; winter extras, $2.50®2.85; winter low grades, $2.40® 2.65. Corn meal steady; yellow Western, 83®84c;. city, 84@85c; Brandywine, $2.15®2.25. Rye quiet; No. 2 Western, 66c f. o. b. afloat. Barley malt dull; Western. 60®70c. Wheat—Receipts, 33,600 bu. Spot steady; No. 2 red, 85Vic f. o. b. afloat. Options opened steady and were irregular all the forenoon. Foreign buying stirred up shorts at one time, but the fact that crop news was favorable, cables bearish and clearances small all contributed to fresh short sales, and at the close the market was weak at %c net decline. March, 82%®83V£c, closing at 82*ic. Com—Receipts, 17,550 bu; exports, 74,542 bu. Spot steady; No. 2, 44%c for old f. o. b. afloat. Options displayed early steadiness on reported light country offerings, but finally broke with wheat and closed Vi®%c net lower. May, 404>®40 13-16 c, closing at 40V>c. Oats— Receipts, 20,400 bu; exports, 10.100 bu. Spot steady; No. 2, 35Vfec; No. 2 white, 37c. Options quiet. Hops steady. State, common to choice, 1896 cron. 7®Bc; 1897 crop. 11® 13c; 1898 crop, 18® 19c; ‘Pacific coast, 18% crop, 7®Bc; 1897 crop, 11® 13c; 1898 crop, 18®20c. Hides firm. Texas dry, 12!/ 3 c; California, 18Vic; Galveston, 16Vi®17c. Cotton-seed oil quiet, but steady: prime crude, 20® 21c; prime crude f. o. b. miyfs, 18 ® 18 Vie; prime summer yellow, 25®26c; off summer yellow, 24c; butter grades, 29®32c; prime winter yellow, 31®32c; prime white, 31®31Vsc. Rice firm; fair to extra, 4Va®7c; Japan, s®6Vic. Molasses firm: New Orleans open-kettle, good to choice, 32®37c. Coffee Options opened steady at unchanged prices, ruled quiet and featureless; no outside speculation, and local traders intimidated by large visible supply; selling checked by European and Brazilian cables and smaller receipts at Rio and Santos; closed steady, with net unchanged. Sales, 5,750 bags, including March. 5.45 c; May, 5.60 ®5.60c; June, 5.70 c; October, 5.95 c; December, 610 c. Snot coffee—Rio dull; No. 7 invoice, 6V£c; No. 7 jobbing, 7c. Mild quiet; clear Cordova, 13® 14c. Sugar— Raw firm; fair refining, 33-16 c; centrifugal 96 test, 4 5-16 c; molasses sugar, 3%c. Refined firm; mold A, 5V4c; standard A 47gc; confectioners’ A. 47fec; eutloaf, 5V6c; crushed, 5V4c; powdered, SVfec; granulated, sc; cubes, sVic. TRADE IN' GENERAL. Quotations at St. Lonl*, Baltimore, Cincinnati uutl Oilier Place*. ST. LOUIS, Feb. 18.—Flour dull and unchanged. Wheat —Options lower. Spot dull and easy; No. 2 red, cash, elevator. 73c; track, 74@’744c: February, 73c; May. 744 c bid; July, 69c asked; No. 2 hard. 67c. Corn-Options unsettled, weak and fractions lower. Spot dull and lower; No. 2. cash, 33c; track, 34c, February. 33c; May, 33N@33tfcc; July. 34Hc. Oats—Options fractions lower. Spot dull and nominal; No. 2. cash. 28c; track. 284 c; February, 28c; May, 2S*(,c; July. 244ic asked; No. 2 white, 80V*e. Rye higher at 57Vc. Flaxseed nominal at 11.114. Prime timothy seed nominal. Corn meal. $1.7601-80. Bran firm; sacked, east track •o®4c. Hay—Tlirjothy steady at $8@8.;>0; prairie weak at $7. Whlaky steady at $1.26. Butter steady; creamery. 30824 c; dairy, 14® 18c. Kbks Hither at 20c Cotton ties and bajcslmt unchanged. Pork. lower; standard mess. Jobbing, $9,874. laird lower; prime steam, $5.15; choice. $5.20. bry-aalt ltoxed shoulders. $4; extra short*. $4,624; rib. $4,874; shorts. $5. Bacon—Boxed shoulders’ $4,174: extra shorts. $6.26; fibs, $5,374; shorts’, 15. M. Jtwsipt*—Flour, 4W brls; whnt.lo.OOtf fcu

com. 67.000 bu: oats. 29.000 bu. Shipments—Flour, 6.000 brls; wheat, 21,C00 bu; corn. 30.000 bu; Oats, 11,000 bu. LIVERPOOL. Feb. 18.—Wheat—Spot, No. 2 red Western winter, stocks exhausted; No. 1 red Northern spring steady at 6s. Corn—Spot quiet; American mixed, new. 364d: old, 3*7%d: futures : February nominal; March quiet at 3a54d; May quiet at 3s 5%d. Flour—St. Louis fancy winter dull at 7s 6d. Beef dull; extra India mess, 655; prime mess, 60s. Pork dull; prime mess, fins Western, 50s; prime mess, medium Western, 47a 6d. Hams—Short-cut dull at 34s 6d. Bacon dull at 275; short-ribs steady at 27s 6d: long-clear middles. light, steady at 28s M; long-clear middles, heavy, steady at 27s 6d; short-clear middles, heavy, steady at 27s 6d; short-clear backs firm at 28s; clear bellies steady at 31s 6d. Shoulders— Square steady at 24s 6d. Lard—Prime Western dull at 28s 6d. Cheese dull: American finest white and colored, 495. Tallow—Prime city strong at 235. Cotton-seed oli—Liverpool refined firm at 15s 9d. Butter—Finest united States. 86s; good. 655. BALTIMORE, Feb. 18.— Flour dull and steady, but unchanged; receipts. 6.476 brls; exports, 94 brls. Wheat dull: No. 2 red. spot and February, 754 c; March, 754076 c; steamer No. 2 red, 72(*0 bid: Southern wheat by sample, 70076 c; Southern wheat on grade. 7240754 c; receipts, 3,995 bu; exports. 40,000 bu. Corn easy; mixed, spot and month, 380384 c; March, 3840384 c; steamer mixed. 3751374 c; Southern white anil yellow, 37® 394 c; receipts, 70,900 bu; exports, 25,000 bu. Oat* firm; No. 2 white Western, 370374 c; No. 2 mixed Western, 314035 c. Butter steady. Eggs firm at 20022 c. Cheese unchanged. TOLEDO. Feb. Is.—Wheat dull and lower: No. 2, cash. 724 c; May. 75c. Corn dull, with a downward tendency; No. 2 mixed. May. 36036%c. Oat* lower, but steady; No. 2 mixed, cash and May, 284 c. Rye dull, but steady; No. 2, cash, 680. Clover seed active and lower; prime, cash, old, $3.55; new. cash and February. $3.90. CINCINNATI. Feb. 18.—Flour quiet. Wheat steady; No. 2 red. 75c. Corn dull and lower; No. 2 mixed, 34c. Oats easy; No. 2 mixed, 30c. Rya firm; No. 2,63 c. lard easy at $5,124- Bujlt meats steady at $4.90. Bacon quiet at $5..... Whisky quiet at $1.26. Butter firm. Sugar steady. Eggs quiet at 18c. Cheese firm. MINNEAPOLIS, Feb. 18.—Wheat easy; FebNo. 1 hard, 70%c; No. 1 Northern. 694 c; No. 3 ruary, 6944 c.; May, 704 c: July. 70%c; on track. Northern, 674 c. Flour quiet. Bran unchanged. Butter, Eggs and Cheese. NEW YORK. Feb. IS.—Buttery-Receipts, 2,363 packages. Market steady; Western creamery. Ig 022 c; Klgins, 22c; factory, 12014 c. Cheese— Receipts, 1,318 packages. Market steady; large white, 104 c: small white. 110114 c; large colored, 104 c; small colored, 110114 c. Eggs—Receipts, 2.377 packages. Market steady; Western, 234 c; Southern, 23024 c. KANSAS CITY, Feb. 18.—Butter fairly active! creamery, 16021 c: dairy. 17c. Eggs—Uneven feeling; supplies fairly plentiful and buyers do not appear willing to take the risk of shipping; fresh candled Missouri and Kansas stock, 17c, cases returned; 17%0 in new white wood cases, cases included. PHILADELPHIA. Feb. 18.—Butter dull and 3® 4c lower; fancy Western creamery. 23c. Eggs dull and 6c lower; fresh Western. 23c; fresh Southwestern, 23c; Southern. 22c. Cheese linn. CHICAGO. Feb. 18.—On the Produce Exchange tn-dav the butter market was easy; creamery! 14022 c.; dairy, 114018 c. Eggs steady; fresh, 200 Cheese strong; creamery, 9014 c.

Metals. new YORK. Feb. 18.—The Metal Exchange 1# sued no report to-day. customary on a Saturday half holiday. Brokers’ price for lead is 4.20 c and for copper 180184 c. ST. LOUIS, Feb. 18. —Load nominal at 4.500 4.36 c. Spelter dull at 5.95©i4c. Oil*. OIL CITY. Feb. IS.—Credit balances, $1.15; eer* tificates, no bids, nor offers; runs, 98,900 brief shipments, 66.537 brls. NEW YORK. Feb. 18.—Standard Oil closed aft $4.73404.744. Cotton. NEW ORLEANS. Feb. 18.—Cotton firm; sales, 2.250 bales; ordinary, 4(Ac; good ordinary. 5 l-16o| low middling, 6%c; middling. 6%c; middling fair* 74c; receipts, 3,848 bales; stewk, 386,349 bales. Wool. NEW YORK. Feb. 18.—Wool firm; domestic fleece, 17022 c; Texas, J2@lsc. ♦- a LIVE STOCK. Cattle a Shade Loiver -Hogi Weak anti Lower—Sweep I'nctianged. INDIANAPOLIS. Feb. 18.—Cattle—Reoeipt* light; shipments none. There were but few on sale. The market was quiet at a shade lower prices on shlpjiers and butcher grades. Feeder* and stockers were in’ good demand at 6trong prices. Exports, good to choice $5,000 5.6® Killers, medium to good 4.600 4.85 Killers, common to fair 4.000 4.35 Feeders, good to choice 4.250 4,60 Stockers, common to good 3.260 4.25 Heifers, good to choice 4.000 4.35 Heifers, fair to medium 3.600 3.80 Heifers, common and thin 3.000 3.40 Cows, good to choice 3.850 4.23 Cows, fair to medium 3.250 3.6® Cows, common and canners 1.600 2.75 Veals, good to choice 6.000 7.00 Veals, common and medium 3.500 6.00 Bulls, good to choice 3.500 4.00 Bulls, common and medium 2.750 3.25 Milkers, good to choice - 36.00045.00 Milkers, common and medium 20.00030.00 Hogs—Receipts, 3,500; shipments light. Tha quality was generally good. The market opened slow, with packers the principal buyers, at fully 5c decline from yesterday, and cloned weak, with all sold. Heavies $3.8003.85 Mixed 3.6503.75 Lights 3.6003.70 Pigs 3.0003.60 Roughs 3.1003.6® Sheep and Lambs—Receipts light; shipment* none. The market was quiet at unchanged prices. Sheep, good to choice $3.6004.00 Sheep, fair to medium 3.2008.60 Stockers, common to medium 2.0008.00 Bucks, per head 8.0003.60 Spring lambs, good to choice 4.2505.0® Elsewhere. KANSAS CITY, Feb. 18.-Oatt!e-Recelpts, 270. Unchanged prices. The supply for the week wa* liberal and consisted largely of unmatured halffat slaughtering steers that sold slow at unevenly lower prices; moderate run of good well-finished cattle that sold only a shade lower; heavy native steers, $5.2005.65; medium steers, $4.4505.20; Ugh® weights, $405.15: stockers and feeders, $3.5005; butcher cows and heifers, $304.50; canners, $203; bulls, s3@4; Western steers, $3.5005.25; Texans* $3.2504.774- . k Hogs—Receipts. 4,880. Market steady to 5c low* er. The receipts for the week were light; value* were 6010 c higher until to-day’s decline place* them back to last week’s prices; heavies, $3.6501 3.80; mixed, $3.5503.75; lights, $3.4003.65. Sheep—Receipts, 730. Market active at steady prices. Demand for good mutton grades excellent and prices advanced 10025 c during the week, while liberal supply of lambs caused a slight shrinkage in values; lambs. $1.450 4.90; muttons, $404.50; feeding sheep, $303.60; stockers, $2.23 @3.40. CHICAGO, Feb. 18.—Cattle—There was not enough cattle received to-day to make a market and prices were mostly nominal, closing on an average 15c lower than a week ago. Hogs—Trade in hogs was a little slow at tha start and prices were about 24c lower, but Armed up later on a good demand; fair to choice brought $3.72403.824; packing lots, $3.5003.70; mixed. $3.5® @3.774; butchers, $3.5503.80; lights, $3.4503.75; pigs. $3.200 3.60. Sheep—The small supply of sheep was readily taken at unchanged prices; poor to prime sheeg sold at $2.5004.60; yearlings, $1.2504.70; lambs* $405. Receipts—Cattle. 200; hogs, 19.000; sheep. I,ooo# ST. LOUIS, Feb. 18.—Cattle-Receipts, 500. Market steady at a decline from last week; fair to fancy native shipping and export steers, $4.6® 06, bulk at $6.1005,45; dressed beef and butcher steers, $405.20. bulk at $4.2505.05; steers under 1,000 lbs, $3.2504.35, bulk at $3.9004.25; stockers and feeders. $2.8504.75, bulk at $3.5004.50; cow* and mixed, $1.7604.60, bulk of cows, $2.7503 25; bulk of heifers, $3.5004: Texas and Indian steers, $3.2504.90, bulk at $3.3504.65; cows and heifers, $2.7503.66. Hogs— Receipts, 4,900. Market easy to 5c lower; pigs and lights, $3.4503.65; packers, $3.5003.75; butchers, $3.6503.824- y Sheep—Receipts, 800. Market steady; native muttons, $104.35; stockers. $2.2503; lambs, S4O 5.25; fed Texas steers, $3.6503.75. NEW YORK, Feb. 18.—Beeves—Receipts, 893. Market 10c lower: steers. $4.8005.60; bulls, $3.50® 4.25; cows. $2.2503 90. Cables steady. Exports. 24 cattle, 30 sheep and i.276 quarters of beef. Calve* —Receipts. £7O. Market lower; veals, $508.25; tops, $1.50; no fed calves. Hogs—Receipts, 1,804. Market weak at $4,100 4.30; choice State pigs. $4.40. Sheep and lambs—Receipts. 4,418. Market lower; sheep, $304.40; lambs, $4.62405.30, mainly at £5.1005.25. CINCINNATI. Feb 18 —Cattle steady at $2,6005* Hogs steady at $3.3503.95. Sheep steady at $2.2504.25; lambs steady at S4O 5.50. Union Stock Yards It. R. Shirl A Co.'s Anti-Trust Live Stock Market Report. Indianapolis. Ind , Feb. IS. 189®. We had good receipts and market alow— 314* lower, especially on lights. All markets wers reported lower. We quote; 250 to 35<> averages at $3.8503.90, and 30 to 230 averages at $3.77403.85, and .'> to 190 nt $3 7003.774 Rigs, from 100 th* up. and light Yorkers, $3.5505.66. W guarantee that all kinds of stock consigned to us will bring full market price. We can take care of cattl* and sheep as well as the hogs from now on. as wa have orders for all kinds of cattle, and will also fill orders for feeders and stockers. We buy for exporters and have secured the services of Hug® Gillice to take charge of our cattle department. He has been a seller and buyer in Chicago, and has been In the business for twenty years. W* cannot get too many cattle from now on. Tty and get some in for Wednesday. We have beer* holding the cattle back until we were able to taka care of them better than the Trust can. Wa charge 30c a head for selling, ahd $5 for straight car, which is about one-half tha Trust ebargas, and the wins tor buylbg. Consign all your stoett to us, or com* la **4 flTt us ® sbo to fruf 1%

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