Indianapolis Journal, Volume 49, Number 278, Indianapolis, Marion County, 5 October 1899 — Page 7
VTHE INDIAN ArOLIS JOURNAL, -THURSDAY, OCTOBER 5, 1899.
At Many Points in Life many People need advice as to the conduct of busire?9 affair?, need It most, perhaps, when least they think an. Wise counsel is of the nature of the "stitch in time" that 'aves nine." An excellent discretion Is often the taking of the tide at the flood that leads on to fortune. The Indiana Trust Company Is dovotd to the prudential management of the business affairs cf life. Its service knows no interruption, for it has perpetual existence. It Is founded financially on a vast capital (J2.(. in all) as a guaranty of security. Its directors and officers, directly interested and involved In its success, are chosen because cf their experience in and knowledge of the avenues of Investment and their conservative management of affairs.
01115 Indiana Trust Co. Offices Indiana Trust Building. CAPITAL -SURPLUS - - $1,000,000 - - $65,000 8 NASSAU STREET, NEW TORK. Fisk & Robinson BANKERS Investment Securities EAR VET EDWARD TlZX GEORGE n. ROBINSON, " Member New Iork Stock Exduaxt SAFE DEPOSITS. S. A. FLETCHER & CO.'S SAFE DEPOSIT VAULT CG East Washington Street. Absoluts fety against fire and burglar. Policeman day and nlht on guard. Designed (or safe keeping of Money, Bonds, Willi. Deeds, Abstract. Silver Plata, Jewels and valuable Trunks. Packages, etc Contains 2,100 boxes. Kent fS to f 13 per year. JOH S. TARK1XQTOX. .... .Mannger. MARKET TURNS UPWARD A LIGHT II IS I ! ESS AT HEW YORK, AT SOMEWHAT HIGIIEIl TRICES. The Industrials Shotr the Frlneipal ' Rate at a Lower Range. Rate Took a. Lower Range. Money on call, at New York yesterday, was 4'?! 20 per cent.; last loan, 4 per cent. Prime mercantile paper, per cent. Sterling exchange was steady, with actual business In bankers' bills at $4.S5H4.85i fcr demand, and at U.S0tM.Sl for sixty days; posted rates, W.81V24.83 to HSS; commercial bills, $4.734.50. Silver certificates, 59Hc: bar silver, 57?ic; Mexican dollars, 47c. Bar silver sold at London for 26d per ounce. .Yesterday's New York stock market was dull, but firmer than that of Tuesday. Many railroads show net gains of nearly a point, and a few exceed that figure. A number of the active industrials gained 2 to 3 points, and Pullman closed 5 points higher on the day. There was an appreciable relaxation in the stringency of call money and the speculative contingent expressed hopes of easier condition's at an early period. This, combined with excellent traffic returns from railroads and the generally prosperous conditions of business, added to the unwillingness of ho.ders to part with securities. Offerings were on a very light scale all day, in spite of the continued high rate for money. Borrowers satisfied their needs early in the day and the rate fell to 4 per cent, towards the close of the market. This Invited a rather active movement in the late dealings, and in some cases there was an ncative demand for shorts, causing come sudden Jumps in prices. The closing, generally, was firm, though slightly below the best. Sterling exchange at Paris and Berlin made an additional advance to - near the gold export point. In New York rates for sterling were steady. Money continued to move from New York to the interior in quite large amounts, but the outgo to the subtreasury is somewhat diminished. The October taxes in New York, which have been paid with unusual promptitude, are finding their way back into the banks, and a plan Is reported to redeem at once. In advance of maturity, about $12,000,000 In New York bonds issued In anticipation of taxes. The prospect of some relief thus offered, the continued stiffness of the money rate was not much regarded in the stock market. It Is not expected, however, that money will work to an easy basis for some time to come. The bond market was dull, but firm, in sympathy with stocks. Total sales, par value, i,3),wu. government bonds unchanged. Following are the day's stock sales, with the closing bid price: Closing sales. bid Atchison . ....j 2,770 20 Atchison pref l.lSo 62 rammore et unio coo 48 x-.a ;taMiii a cav. iuw ft J Canada Southern 524 Central Pacinc 1X Vt Chesapeake & Ohio 2,710 24 Chicago Great Western 440 14 Chicago. Burlington Qulncy 4,810 128 Chicago, Ind. & Louisville io4 i nicago, ina & ixmisviue prer 42 Chicago & Northwestern 130 I6414 inicago, hock isiana t 1 acinc... 410 112 CJ.. t:.. c & t. L, 500 &3'4 v-ouraao fouinern 510 5 Colorado Southern first pref 100 45 Colorado Southern recond pref.... 115 is Delaware & Hudson 618 122 Delaware. Lacnawanna & west... 2.044 1S8 Denver A Rio Grande 510 204 Denver & Rio Grande pref zzo 73 -r 124 trie nm prer 303 virrai .oriaern prei C63 1634 Hocking C0.1l 10Q 1714 32 . . . Illinois central 630 1124 Iowa Central 100 137, Iowa Central pref izo 6 Kansas City. Pittsburg & Gulf.... 200 S mik r.riw 4t western .... is Lake Erie. & "Western pref 78 Lake Shore 200 xjuisvuie & jasmine 5.93 77 Manhattan L 5.6SO iost Metropolitan Street-railway HI WGXi r i . .. ... ruirai J4 Minneapolis St St. Louis 69 Minneapolis St. Louia pref gi Missouri i acinc 1 910 4414 jnuvuv at uiiv., , .... 4) Missouri. Kartftita jt- Tt:i t.u ... ltl.....l X.' o OT m iii-uui i, ninrai e irizi prer.... 410 39 ifw vfrfj central 401) 11SU. New York Central 1,200 1333? Norfolk & Wtern 23 Norfolk & Western pref 573 $7 Northern Pacinc 3(9:o 5l? uii.u-iu pisi 1,860 74 imianu cb 'vcrn... Cc2 -v-.-n n.lln... . - 1 x . ui-uu n a.j auj avigaiion. 41 Pennsylvania 1lso . 1387 7C0 21i Reading second pref 20O 3i Rio Grande Western " Rio Grande Western pref....!.. . Xi, Et. Louis & San FrancUco " et. Louts & San Fran. flrtt rref.. '" - Bt. Louis & San r'ran. second pref 2 300 25t St. Louis Southwestern Ft. Louis Southwestern pref 1723 Bt. Paul pref j:J St. Paul Omaha .." tit P'juinrrn I acinc SU.OOO 371: Southern Railway j.jt Southern Railway pref i o 5-2 Texas & Pacific jT Vnlon Pacific t'nion Pacific pref , hh 2X) 7u Wabash pref :oo Wheeling A Lake Erie 1 joo " -i 1 - Wheeling A Lake Erie pref Vk) it WUcontir Central J4 EXPRESS COMPANIES. r!r-i 114 hi
United States
M 130 200 300 93V 300 6 26 3'j0 50 .... 4.473 43 1.0V3 44 3,420 4S 52i 84 20ft 37i 247 85 lO.fao lisv; 145V, 1.1 43V, 40.13i 0V, 2.S7 E4 1.400 41, L99 91 3,375 S2H 310 77 fc70 116Vi SCO 60'i 200 104 210 27 CCO 72',i 1C0 64 570 44 Vi 450 96 100 28V 110 1.700 5CVi 95 SCO 150 410 12H 45 3 - 64 1.105 38 3.570 109Vi 100 56 123 fcS 2.340 18S 6V4 35,055 142H 116 4.465 115 305 134 455 77'i 760 45i 114 1.672 8714 S50 264 .... 71 1 3
Wells-Fargo MISCELLANEOUS, American Cotton Oil...: American Cotton Oil pref American Maltinr American Maltlnir Tirff American Smelting and Refln lng.. Amer. Hmeltin anI Kenning pref. American bplrlts American Spirits pref American Steel Honp American Sttel Hoop pref.... American Steel & Wire American Ftel & Wlrepref.. American Tin Plate....American Tin Plate pref American Tcracco American Tobtacco pref.. Anaconda Mining Co Lirookljn Rapid Transit. Colorado Fuel & Iron Continental Tobacco Contir.ental . Tobacco pref Fedtral Steel Federal Steel pref. General Electric .... Glucope Sugar Glucose Suicar rref. International Paper .... International Paper pref Laclede Gas National Biscuit National Biscuit pref.. national Lead National Lead pref National Steel National Steel pref New York Air Brake North American Pacific Coast Pacific Coast firrt prf.'. .. Pacific Coast second pref Pacific Mall People's Gas Pressed Steel Car L Pressed Steel Car pref Pullman Palace Car Standard Rope and Twine... Sugar Sugar pref Tennessee Coal and' Iron.... United States Leather United States Leather pref. United States RuhUr United states Rubber pref... estern I'nion Republic Iron and Steel xepuDiic iron and Steel pref -t vZ. M M-d Total sales 203.200 UN1TEI STATES BONDS. 1'nited States twos, reg 100 1 nue.i Mates tnrees. reg in74 United Htaten three, rnn r iiisu United States rew four. reg.... 130 t.nitea Mates new fours, coup 130 United Statea cM fours rer 111 United States old four, coup 212 United States Sves. reg United States fives, coup..., MINING STOCKS. I lost on Quotation. Adventure 7 Allouez Mining Co 5 Atlantic : 2bi Rcston & Montana 345 Butte & Boston 7314 Calumet & Hecla ?nn Centennial vl Franklin 174 numrcmi Osceola $4 Parrot 47 Qulncy 155 Santa Fe Conner tin. Tamarack 20 winona Wolverines 4f u,ah 38Vi New York Quotations. Cholor ..a...; .,. 35 Crown Point i Consolidated California and Virginia.... 130 Dead wood '. 70 Gould & Curry 35 Hale & Norcross 33 Homestake e.600 Iron Sliver 353 Mexican 30 Ontario 725 Ophlr '. j) Plymouth .. so Quicksilver 200 Quicksilver pref t Sierra Nevada 570 Standard . 305 Union Consolidated 30 Yellow Jacket ' 25 Wednesday' Dank Clearing. At New York-Clearings, J24O.305.159; balances. 13,3S3.0X). - At Boston Clearings, J29.267.223; balances, $2.4.tf,20. At Baltimore Clearings, $4,044,235; balances. $460,233. ... At Philadelphia-Clearings, $20,863,261; balances, $1,937,191. Cn,caK Clearings. $24,947,221: balances, J2.23S.01S. New York exchange 85c discount. Stfrllncr Pirhanpo 11 81 anrl i cciz. - - p. u va.w f - U J X At St. Louis Clearings, $o,599,394; balances. $519,138. At Cincinnati Clearings, $2,803,80. LOCAL, GXtAIX AND PRODUCE. Trnde? Active Price In Several Lines Hardening in Tendency. On the wholesale streets and on Commission row trade is very (satisfactory . in its volume. The hardening tendency of prices In many lines naturally stimulates trade, the more io as declines seldom have occurred in the last " few months. The dryt goods houses are very busy, never more so in October. Grocers continue to have a trade surpassing any former year, and the hardware and iron dealers are exceedingly busy. The same is true with dealers in tinners' supplies. The egg market carries a firmer tone. Poultry Is easier. Good prices on choice fruits are obtained readily, while inferior fruit sells slowly. Irish potatoes and sweets are in good supply and steady at prices quoted. Other lines are without feature. The local grain market shows no material change. Receipts are a little larger. Prices change but little. Tr;Ck bids, as reported by the secretary of the. Board of Trade yesterday, ruled as follows: Wheat No. 2 red, 70c; No. 3 red, 6369c; October. 70c; wagon wheat. 70c. Corn No. 1 white. 32Vc: No. 2 white (one color). 32c; No. 4 white. 29Vi31ic; No. 2 white mixed, 32V4c; No. 3 white mixed. 32Uc; No. 4 white mixed. 29Vill,4c; No. 2 yellow. 32Vc; No. 3 yellow. 32c; No. 4 yellow, 294631'4c; No. 2 mixed. 324c; No. 3 mixed. 32Vc; No. 4 mixed. 29)4 QZlhc; ear corn. 32c. . Oats No. 2 white. 23c; No. 2 white, 24c; No. 2 mixed. 23 Vic; No. 3 mixed. 22Ve. Hay No. 1 timothy, 8.50g9; No. 2 timothy, $3 68.50. Inspections Wheat: No. 2 red. 2 cars; No.' S red. 1; rejected. 1; total, 4 cars. Corn: No. 1 white, 7 cars; No. 3 white, 5; No. 4 white. 1; No. 3 white mixed. 1; No. 2 yellow. 4: No. 3 yellow. 4: No. 4 yellow, 1; No. 2 mixed. 2; No. 3 mixed, 3: No. 4 mixed, 1; tctal, 29 cars. Oats: No. 2 white, 1 car; No. 2 mixed. 2; total. 3 cars. Poultry and Other Produce. (Prices paid by shippers.) Poultry Hens, "he; cocks. 3c; young chickens. 78c; hen turkeys, young and fat. 7$?8c; young toms, 78c; young ducks, 4c; geese, 3c for full feathered, 2Hc for plucked. Cheese New York full creams. 1213c; skims. 668c; domestic Swiss, 12 15c; brick, 13c; llmburjer. 12c. Butter Choice, 12c; poor, 6g8c. Egjrs Candled. 16c. Feathers Prime geese, 30c per lb; prime duck, 10(S17c per lb. Peeswax 30c for yellow; 23c for dark. Wool Medium, unwashed. l319c; tub-washed, 2022c; burry and unmerchantable, 5c less. HIDES. TALLOW, ETC. Green-salted Hides-No. t iYzc; No. 2, Slic; No. 1 calf. 10c: No. 2 calf, hSic Grease White. 3c; yellow, 2!-jc; brown, 214c Tallow-No. 1. 3c: No. 2, 2c. Bones Dry, $12 13 per ton. TUB JOBBING TRADE. (The quotations given below are the selling prices of the wholesale dealers.) Candles and Xuta. Candles Stick, 6H97c per lb; common mixed. 6H97e; grocers' mixed, 6c; Banner twist stick, Sc; cream mixed. 9c; old-time mixed, 7c. Nuts Soft-shelled almonds, 13916c: English walnuts, 129"c; Brazil nuts, 9c; filberts, 11c; peanuts, roasted. 798c; mixed nuts, 10c. Oils Linseed. 4694Sc per gal; coal oil. legal test. 7914c; bank; 40c; best straits. 50c: Labrador. 60c: West Virginia, lubricating, 20930c; miners 40c; lard oils, winter strained. In brla, 40c per gal; half brla, 3c per gal extra. Canned Good. Corn. 75c9$l-25. Peaches-a-Eastern Standard, 2-lb. $1.7592; 3-lb seconds. $1.3591-60; California standard. $2.1092.40; California seconds. $1.7592. Miscellaneous Blackberries, 2-lb. 65970c; raspberries. 3-lb. 90995c: pineapples, standard, 2-lb. $1.1091-20; choice. $1.6o?2.50; cove oysters. 1-lb. full weight. fr9S5c; light. 609C5c; string beans. 70 990c; Lima beans. $1.1011.20: peas, marrowfats. $5cG$1.10; early June, 90c9$110; lobsters. $1.5592; red cherries. 90c9$l: strawberries, &5900c; salmon, 1-lb, 90c9$l-85; 3-lb. tomatoes, 90995c. Coal and Coke. Anthracite (all sizes). $7 per ton; C. & O. Kanahaw. 54; Pittsburg. $4; Raymond. $4; Wlnlfrede, $4; Jackscn, f4; block. $3.25; Island City lump. $2 73: lump ccke. 11c per bu. $2.75 per 25 bu; crushed coke. 12c xer bu. 13 per 25 bu; Blossburg. $3 per ton; Ccnnelitville ccke, $6 per ton; smokeless lump. $4.:0. Dry Good a. Bleached Sheetings Androsccggin L 64c; Berkley. No. 60. 8c; Cabot, 5?iC: Capitol. 44c; Cumberland. 6'4c: Dwlght Anchor. 7c; l-Vult of the Loom. 7c; Farwell. 64c; Fitchviiie. 54c; Full Width. 4c: Gilt Edge. 4"!ic; Gilded Age. 44c; Hill. 64c; Hope. 6c: Llnwood. 64c; Lonsdale. 7c; Peabody. 44c: Pride of the West. 104c; Ten Strike. 54c; Pepperell. 9-4. ISc; Pepnerell. 10-4. 20c; Androscoggin. 9-4, 184c; Androscoggin, 10-4, 204c Brown Sheeting Atlantic A. 6c: Argyle. 5c; Boott C. 44c; Buck's Head. 54c; Clifton CCC. 5c; Constitution. 40-Inch. 54c; Carlisle. 40-lnch. sc; Dwlghfs Star. 4V?: Great Falls E. 5c: Great Falls J. 44c; Hill Fine. 4?: Indian Head. 54c; Pepperell R, tc; Perperell. 10-4, ISc; Androscoggin. 9-4. 16c; AnJrosctjggin. 10-4. ISc. Prints Allen dress styles. 44c; Allen's staples, 44c; Allen TR. 44c; Allen's robes, 44c; American Indigo. 4V; Arnold long cloth. B, 74c; Arnold. LLC, 4c; Cocheco fancy, 5c; Hamilton fancy, fcc; Merrlmac pinks and purples. 5We: I PtclT.c fancy, 64c; Elrsrson's mournlnj. 44c;
tc: American' shirtlnff. 2?ic: black white, 4c; grays. 4!ic. Glnghama-Amoskeag staples. Bc: Amoekeag dreys, 6c; Pertlan dress, 6c; Bates, 5c; Lancaster, Sc; Lancaster Normandles, 6c; Renfrew dress. 6c. Kld-Hnlshed Cambrics Edwards. 2lic; Warren, 3'ic: Slater. 3ic; Genesee. 34c.
Grain Bags Amoskeag. si; American. 914; llar-mw.-H3.Z0: Stafk. 16. Tickings Amofkeag ACA, 9',ie; Conestoga Br, ACE. 9'.4c; Hamilton awnings. 8c; Kimono fancy. 17c; Lenox fancy. 18c; Muthuen AA, 9c; Oakland AF, 5Vic: Portsmouth. lOH,c; Susequehanna, IV.ic; Shetucket SW, 5Hc; Shetucket F. 6c; Swift 1114c; Cordis 140. 9l,c; Cordis FT. 9ic; Cordis River. 4c DrogH. Alcohol. $2. 4$ fi 2.60; asafetlda. 2;30c; alum. 21 04c; camphor. Us lie; cochineal: 50Q35c; chloroform, 58tj65c: copperas, brls, 7oc; cream tartar, pure, 30933c; indigo. 65QS0c; licorice, Calab., genuine. 3."'40c: magnesia, carb.. 2-ox. 2CQ22c; morphine, P & W.. per oz, J2.202.5; madder. 14 C16c; oil. castor, per gal. $11.10; oil. berpramot, per lb. $2.23; opium. $3.50; qulninne. P. & W., per oz. 291 44c: balsam copaiba, 50(&'COc; soap, rastlle. Fr.. KSlSc; soda bicarb. 2,236c; salt", Epsom. m4c; sulphur flour, 24tt5c: saltpeter, 10 4il4c; turpentine. S6g60c; glycerine. UlSc; Iodide potassium, $2.5C2.60; bromide potassium. 5i60c; chlorate potash. 150200; borax. 9-fZ12c; clnchonldla, 40Cc; carbolic acid. 3C32c; linseed oil, raw, 36c; Unseed oil, boiled. 3c. Flour. . Straight grades. $3.4003.60; fancy grades, $3.60 3.75: patent flour, $4g4.50; low grades, $2.2533; spring wheat patents, $C5.23. Groceries. Coffee Good. 10Q12c; prime, 1214c; strictly prime. 14160; fancy green and yellow. 1822c; Java. 2J32c. Roasted Old government Java, 32,-2S33c: Golden Rio, 24c; Rourbon Santos, 24c; Gilded Santos. 24c; prime Santos. 23c. Package coffee cty prices Ariosa. 10.15c; Lion, .65c; Jersey, 10.13c; Caracas, 9.6Cc; Dlllworth's, 9.6ic; Mall Pouch. 9.63c; Gates's blended Java. 9.C5c. Sugars City prices Dominoes. 5.57c; cut loaf, 5.69c; powdered. 5.28c; XXXX powdered, 5.38c; standard granulated, 5.32c; fine granulated, 5.32c; granulated 5-lb bags. 5.3Sc; granulated 2-lb bags. 5.3Sc; granulated 5-lb cartons, 5.38c; granulated 2-Ib cartons. 5.38c; extra fine granulated. .44c : cubtM, 5.44c: mold A. 3.57c; confectioners' A, 5.07c; 1 Columbia A Keystone A, 4.82c; 2 Windsor A American A. 4.2c: 3 Rldgewood A Centennial A. 4.S2c; 4 Phoenix A California A, 4.76c: 5 Empire A Franklin B, 4.69c; 6 Ideal Golden Ex. C Keystone P.. 4.63c; 7 Windsor Ex. C American R. 4.57c: 8 Ridge wood Ex. C Centennial B. 4.51c; 9 Yellow Ex. C California B. 4.44c; 10 Yellow C Franklin Ex. C. 4.32c; 11 Yellow Keystone Ex. C. 4.19c; 12 Yellow American Ex. C. 4.12c; 3 Yellow-Centennlil Ex. C. 4.13c; 14 Yellow California Ex. C. 4 07c: 15 Yellow, 4.07c; 1 Yellow. 4.07c. Salt In cart lots, JOtff&c; small lots. 90S93c. Spices Pepper. 12lSc; allspice. ISffHSc; cloves, 18H25c: cassia. 15618c: nutmegs. T.73c per lb. Flour Sacks (paper) Plain. 1-32 brl, per 1.000, $3.50; 1-16 brl. $5; brl. IS; 4 brl. $16; No. 2 drab, plain. 1-32 brl. per 1.000. $4.23; 1-16 brl. $6.50; H brl. $10: 4 brl. $2u; No. 1 cream, plain. 1-32 brl. per 1,000, $7; 1-16 brl, $5.75; H brl, $14.50; 4brl. $28.50. Extra charge for printing. $1.10ftl.l5. Beans Choice hand-picked navy. $1.4391.50 per bu: Llmas. California. KC?54c per lb. Screened Beans $1.3391.40. Molasses and Syrups New Orleans molasses, fair to prime, 2833c; choice, 3540c; syrups, 18 3."c. Rlc Louisiana. 4'4(56Hc; Carolina, V.iQ&lic Shot $1.301.35 per bag for drop. Lead e'i'S'c for pressed bars. Twine Hemp. 12lSc per lb; wool. S10c: flax, 20tfi30c: paper, 25c; Jute, 12S15c; cotton. lS?23c. Wood Dishes No. 1. ir 1.000. $2i2.25: No. 2. $2.252.50; Nj. 3. $2.502.75; No. 5. $3ff3.25. Wcodenware No. 1 tub?, $66.25; No. 2 tubR, $S05.25: No. 2 tubs. $4(4.25; 3-hoop palls. $1.50 1 60; 2-hoop palls. Sl.30fil.35; double washboards, $2.252.75; common washboards. $1.231.50; clothes pins, 50 60c per box. Iron and Steel. Bar Iron 3g3.23c; horseshoe bar, 334; nail rod. 7c; plow slabs. 4.50c: American cast steel, 9911c; tire steel. 33Vsc; spring steel, 495c. Leather. Leather Oak sole, 2S31e; hemlock sole. 25 27c; harness. 32937c; skirting. 38 9 42c; single strap. 3S41c; city kip. 60i?i83c; French kip. 90r S1.20; city calfskin. 90c9$1.10; French calfskin, J1.2091.S5. 3atl and Horseshoes). Steel cut nulls, $2: wire nails, from store, $3.25 rates; from mill, $3 rates. Horseshoes, per keg, $4; mule shoes, per keg. $4.50: horce nails, $45 per box. Barb wire, galvanized, $3.35; painted, $3.25. Produce, Fruits) and Vegetables. Apples $1.2593 per brl for cooking; eating apples, $3. Bananas Per bunch, No. 1, $191-50. Oranges California seedling oranges, $5.50. Lemons Messina, choice, 360 to box, $1.25; fancy. $4.75. Red Plums $1.50 per bu. New Potatoes 42c per bu; $1.30 per brl. Sweet Potatoes Baltlmores, $1.83 per brl; Jerseys, $2.75 per brl. Pears Kief er's, 73c9$l per bu; $2.2592.75 per brl. Tomatoes 60970c per bu. Cucumbers lac rer doz. Cabbage SI per brl. Celery 15925c per bunch. New Beets 12Vi915c per dozen bunches. Green Beans 75c per bu. Wax Beans $1 per bu. New Lima Beans $1 per gal. Yellow Globe Onions $1.35 per brl; white, $1.75 per brl. Honey New white. 17c per lb; dark, 13c. Melons Cantaloupes. 75c per brl; crates, 50c: Gem melons, 30c per basket; watermelons. $12 15 per hundred. Osage Melons 50c per bu. Cranberries $1.90 per bu box; $5.2595.50 per brl. Onions (Spanish) $1.3091.35 ier crate. Quinces $1.25 per bu. Grapes New York 9-lb basket. 16c; Niagara (pony), IZMc. Provisions. Bacon Clear sides. 40 to 50 lbs average. 7'ic; 30 to 40 lbs average, 7c; 20 to 30 lbs average. 74c; bellies, 25 lbs average. 74c: 18 to 22 lbs average, 74c: 6 to 9 lbs average. 7$e. In dry salt, backs, 20 to 25 lbs average, 7Uc: 12 to 16 lbs average, 7c; 6 to 9 lbs average, 734 c. In dry salt, c less. Hams Sugar cured, 18 to 20 lbs average. 11V69 12c; 15 lbs average. HVi912Vic; 12 lbs average, ll;912,se: 10 lbs average. 124912c. Lard Kettle-rendered, 7,,ic; Pure lard, 7c. Pork Bean, clear, $14; rump, $11. Shoulders IS to 20 lbs average. 7V&c; 15 lbs average. 7c; 10 to 12 lbs average, 734c Seeds. Clover Choice, $4; prime. $5; English, choice. $495: alslke. choice. $798; alfalfa, choice. $4.25 94.50; crimson or scarlet clover, $3.7594.25; timothy. 45 lbs. prime. $1.3091.35; light prime, $1,359 1.40; choice. $1.2591-30; fancy Kentucky. 14 lbs, $1.10; extra clean, C09"5c; orchard grass, extra. $191.10: red top. choice, 80c9$1.40; English bluegrass. 24 lbs. $1.1591.75; German millet. 63 85c; Western millet, 6075c; common millet, 40 9C0c. SALES OF REAL. ESTATE. Eleven Transfers, with a Total Consideration of $ii,h:u). Instruments filed for record in the recorder's office of Marlon county, Indiana, for the twenty four hours ending at 5 p. m. Oct. 4, 1899, as fur nished by Theo. Stein, abstracter of titles, corner of Market and Pennsylvania streets, Indianapolis, Suite 229, first office floor. The Lemcke. Telephone 1760: Walter C. Clark to Chas. B. Clark, Lots 40 and. 41. first addition to Keystone Park $1,000.00 John A. Steelmlth to Sarah J. Robinson, Lot 4S8, Stout's Indiana-avenue addi tion 400.00 Nellie B. McGowan to Allison Mundelle, Lot 41. Douglass Park addition 1,500.00 David Smith to Indiana Savings and Investment Co., Lot 18. Block 4, Caven & Rockwood's East Woodlawn addition 1,500.00 James u. fcmiiey to Elmer E. West, Ixt 21, Bruce Place East End addition 1.200.00 Chas. A. uwen to vm. L. Lingenfelter, Lots 6. 7 and 8. Block 3. C. A. Owen's Park Grove addition 405.00 Eva L. Henley to A. J. Morris, part Lot 16. Block 5. Indianapolis Car Co.'s addition 000.00 John A. Kicnter to Mllledge A. Baker, part Lot 9. J. C. Tuncker's first West Side addition; and Lots 21 to 25 inclusive, and Lot 3. George Stout's second addition: and Lots 105, 106. 215 and 250, in Chas. M. Cross's addition 2,000.00 jonn ivmaiey to uuve ai. Mccormick, lot 3, u. w. btout s nrst addition 325.00 uaraner nocKensmitn to Allen v. Hlghtshue, southeast quarter, northwest quarter. Square 23. Township 16 north. itange z east 1,800.00 wiiiiara .ener to uaniei a. Unenoweth, parts Lots 25, ? and 27, Square 9, xeaiy a aauiuon 800.00 Transfers, 11; total consideration $11,830.00 Pensions for Veterans. Certificates hive been issued to the following corned Indlanlans: In rease Thomas Bildeiback, Spurgeon S14 iii $17: Elmorp Y. Rhplt. Vntlnnai ti-i tary Homt Grant county, li to $10; John Mo?-la.ld. fctate Soldirrs ITnm T.ifnvotto Sf to 3: JjHme S. Shprwonr! I.lntAn i? - - - - - - - - - - v , Mti.ivii. $S; Casper Heddrick. Marion, $ to $S; Elijah I WJ At AnrouRnraan, wincnesier, 10 William leepie, Ar.aerson, m 10 iz: James W Scott. Fairfield. $S to P.O; Jerome Hurbank Michigan City. S to $10; Frank F. Dean Marble Hill. $G to Hi Daniel A. Jennines Moore's Hill. JS to $10: Robert Walden. lb anon. $6 to $$; John C. Denney. New Winche?ter, to $3; Henry Boodman, Low ronrriiirir 115 tr $14' -Tn mf W Clr n . land Mills'. $8 to IS; David L. BricKs.' South Ilend. $S to $10; David W. EngerFrankfort ii to in; Aiesanuer ji. Jiay. .Mount Etna David Doty. Independence, $10 to $12: Henry m i , - 1 .fill. v J lousiey, ianunai Aiuuary iiome, urant couniy, a iu iv. Reissue John T. AVhltcher. Patton, $10 William P. Ellis. Crawfordsville, $H; William S. Foote. Merom, $17. Original Widows, etc. Minors of John H Wplsh. Shelburn. $16: Rarhpl Hall T o fayette, $S; Clara Cochran. Indianapolis, $5. Oulldlnic Permit. Thomas Laffey. repairs. 433 Agnes street. $263. J. li. Conaty, 531 North Liberty street. $125. W. Newmeler. addition. 2143 Oxford street. 1125. Mls Kate Divine, frame cottage, north of Michigan street, on Oriental street. $900. W. S. Jchnron. rerairs of frame house, 2?29 West Wabash street. $1C0. W. S. Johnson, repairs cf frs.s tours, I'TZ
DEFERRED HOSTILITIES
CAUSED A SAGGING GRAIN AND PROVISION 3IARKET AT CHICAGO. Cereals Weak and Heavy, Xnmerom Factors Aldlujr in the Declines The Local Markets. CHICAGO, Oct. 4. Delay In the expected outbreak of hostilities in the Transvaal flattened the wheat market badly to-day, and was mainly responsible for a decline ol Is lc which marked the close. Falling off in the export demand was also a feature. Coarse grains were affected somewhat by high ocean freight, corn 'closing Uc low er and oats lower, provisions de clined about 2i5c. Weakness marked the opening in wheat. There was a sharp drop In the Liverpool market, consols being up of a point, while the delay in the expected outbreak of hostilities between the British and the Boers, which has been the main bull factor in this market for several days, was taken to indicate that a peaceful settlement, was not altogether impossible. This resulted in a very appreciable diminution of the outside demand and also shcok out considerable long wheat which had been bought on prospects of war. December opened at 3'f73,c. a decline of c from yesterday's closing price. This was well into the put price, and considerable buying against those privileges resulted. This and a certain amount of buying by scalpers constituted about all the support the market received, and, though it was heavy enough at first to cause a reaction in the December price to 739c, the market became veiy heavy as soon as the demand from that source had been satisfied, and prices declined slowly but steadily. There was some selling in this market by seaboard operators, . indicating a let-up in the foreign demand for American wheat, and this increased the heaviness. The market was at its weakest toward the close, more on account of lack of demand than from selling pressure, as shorts were apparently adverse to pushing their advantage in tne face of so sudden and material a decline. Minneapolis and Duluth receipts were 9L't cars, against yy last week and 1,010 a year ago. Cnicago receipts were 1M cars, Ave of contract grade. Total primary receipts were l,311,O0u bushels, compared with 1.946.0UO a year ago. Atlantic port clearances of wheat and Mour amounted to 47,uuo bushels. The seaboard reported thirty-live boatloads taken for export. December declined to 3c and closed weaK at iS'sc. Not much was done in May. It followed December in the decline and closed ,stlc lower, at T61i76Hc. Corn was dull and rather weak, and prices ruled slightly lower. 'I here was some sympathy with wheat. The advance in ocean ireight rates was expected to militate against export business and had its effect on the speculative market. Receipts were light 680 cars and reports of diminishing supplies in the country served to support the market to some extent. December ranged from 30c to 30Vic and closed ftc lower, at 30fl3OM,c. May was sold freely by recent purchasers and was weaker tnan December. It ranged from 31c to 31sc and closed US He lower, at 31&31VbC Oats were slow and ' weak. The advance in ocean freight rates alfected the cash business, and sympathy with other grain markets was a factor, prices ruling lower from the start. There was considerable profit taking by recent purchasers. Receipts were 218 cars. December ranged from 227c to 23fi23Uc and closed Uc lower, at 23Mi23c. Elevator interests in general were ?flitrs. Provisions were slow and heavy within narrow limits. The hog market was weak and there was some sympathy with the grain weakness. ' Packers were moderate sellers all day. About the only support the market received was from shorts. At the close January, pork was 2e lower, at $9.iu, January lard 5c lower, at $5.5T"&5.60, and January ribs a shade lower at $5.07H1id.lO Estimated receipts Thursday Wheat 11a cars; corn, 650 cars; oats, 230 cars; hogs, 32.0U0 head. - Leading futures;iranged as follows: Articles. Open- High- Low-r ClosWheat ing. . . est. est. ing. Oct.... 71 t7ts- ' 71 71 Dec... 73-73l, ;:7?fi'!S 73 73'., May.... 76'14-:6a '.Wii 76 76 -.6H Corn Oct.... 30H 31', . 30H 31 Dec... 30 -30H 30' i 30 30', May.... 31Vi-31H 31H 31 31 -31 Oats . Dec... 22 23V234 22Ts-23 22-23 May.... 24-24's 244-24S 24Vi 24U-24H Pork Oct.... $8 10 $S.10 13.10 $8.10 Dec... 8.32', 8.32 8.30 8.30 Jan.... 9.75 9 75 9 87' 9.75 Lard Oct.... 5.37H 5.40 5.37'i 5.37 Tr ft.W Jan.... 5.60 5.623 5.57'i Ribs Oct.... 5.12'i 5.12'i 5.124 Jan.... S.OT 5-JO-i.. 505 5.62 5.12 5.10 Cash quotations were as follows: Flour firm. No. 3 spring wheat, 67071c; No. 2 red. 7373Tc. No. 2 corn. 31431c; No. 2 yellow, 31317sC No. 2 oats, 22Q 2314c; No. 2 white, 2525?Bc; No. 3 white, 249425;c. No. 2 rye. 57c No. 2 barley, 37i45c. No. 1 flaxseed, $1.16&: Northwestern. $1.16. Prime timothy seed, $1.7502.33. Clover seed, fair to good, firm at $5.756.15. Mess pork, per brl. $7.70(&8.10. Lard, per 100 lbs. $..S5 05.70. Short-rib sides (loose), $4.9505.30. Drysalted shoulders (boxed). $6. 12 $.25. Short-clear sides (boxed). $5.5505.65. Whisky, distillers' finished goods, per gal. Jl.22. Receipts Flour, 19.000 brls; wheat, 263.C00 bu; corn. 1.249,000 bu: oats. 651,000 bu; rye, 28.000 bu; barley. 225. 0C0 bu. Shipments Flour, 21.000 brls; wheat. 11.000 bu: corn, 815,000 bu; oats, 162,000 bu; barley, 2,000 bu. AT NEW YORK. Week Conditions) of the First Two Days Fievalled Wednesday. NEW YORK, Oct. 4. Flour Receipts, 10,388 brls; exports, 4,477 brls. The market was firm and prices unchanged. Rye flour firm. Buckwheat flour easier at $2.40(52.50. Buckwheat dull, at 57?SSc. Corn meal steady. Rye steady: No. 2 Western, 66c f. o. b. Barley dull; feeding, 4143c c. I. f. Buffalo; malting, 4654c. Barley malt dull. Wheat Receipts, 373,000 bu; exports, 193,627 bu. Spot weak; No. 2 red, 77c f. o. b.; No. 1 northern Duluth, 80Tc f. o. b., to arrive; Nc. 1 hard Duluth, 83c, to arrive; No. 2 red, TSc, elevator. Options quiet, opened ic lower, cables being adverse and an advance in consols suggesting a more peaceful turn to the South African situation. Later the market rallied on reports of better export demand and prices moved up c from the lowest point. But the market again turned easier, under realizing, following easier cables and apprehension over the Transvaal question, and closed weak, with prices lV&c net lower; March. 80ft81?.c. closed at W7c: October closed at Toc; December, 77i&3 1-lGc, closed at 7730. Corn Receipts, 220,710 bu; exports, 309,453 bu. Spot weak; No. z. 40c r. o. b. anoat; 40c in elevator. Options opened easy at c decline, under lower cables, rallied on reported good export demand, but turned easier again with unsatisfactory late cable news and closed weaK.irisC net aecnne; May. 336T4c. closed at 36Hc; December, 27U&27c. closed at 374 c. Oats Receipts, 101.200 bu. Spot steady; No. 2. 2S;c; No. 3. 28c; No. 2 white, 21c; NO. Z iraCK IuiJiru oomu, oj) tlons dull and nominal. Hay steady. Hops dull. Hides firm. Leath er firm. Wool firm. Beef firm. Cut meats steady. Lard easier. I'ork dull. Cotton-seed oil easier; prime summer yellow. 20c, for October up to i-eDruary, dut. neia at mc for spot. Tallow quiet, but firm. Coffee Options opened steady, from unchanged to 5 points lower. Brazilian receipts and larger deliveries here were offset by heavy clearances and large local receipts closed steady, from unchanged to 5 points lower. Sales, 11.500 bags, including: October. 4.25c; November, 4.S0c; March. 4.75c; April, 4.80c; May, 4.85c; July, 4.f.0ff 4.JCc; August, 4.93c. Spot coffee Rio steady. Mild steady. Sugar Raw, weak and nominal. Refined, dull and easy. TRADE IX GSXEHAL. Quotations at St. Louis, Ilaltlmor, Cincinnati and Other Places. ST. I)UIS. Oct. 4. Flour quieter; patents, $3.533.70; extra fancy. $3.2503.35; clear. $2 Wa3.10. Wheat No. 2 red. cah. 724c: December. 73ft73c: May, 77Hc; No. 2 hard, 69Va70Hc. Corn No. 2, cash. 31c; December.284c; May. 25c. Oats lower: No. 2, cash. 24c; December, 234c: May. 25Vic: No. 2 white, Mc. Pork steady: standard mess, jobbing. $3. Lard lower; prime steam. $.5.33; choice. $5,374- Dry-salt meats pteady; boxed shoulders and extra shorts, $3.50; clear ribs, $5,624: clear sides. $3.73. Bacon quiet; boxed shoulders. $5.75; extra shorts, f 3; clear ribs. $1124; clear sides, U23,. Timothy seed strong at $212.0. Cent r-.srj tttzly ct ClTZLn. Eras Crr; r: -3 r , c
track, C34c. Hay steady; timothy. 7C?11: prairie, $5037.50. - Whisky steady at $1.22. Cotton ties. $1.10; bagging, frQeic. Hemp twine, 9c. Receipts Flour, 11.000 brls: wheat. 24.000 bu; corn. 100.000 bu: oats. 42,(K bu. Shipments Flour. 11.000 brls; wheat, 12.000 bu; corn, 195,000 bu; oats, 42,000 bu. BALTIMORE, Oct. 4. Flour quiet: receipts. 15,193 brls; exports, 550 brls. Wheat dull and lower; spot and month, 72473c: December. 73Ufi-754c: steamer No. 2 red, 65 694c: receipts. 17,043 bu; Southern wheat by sample, 65'574c; Southern wheat on grade,, 70'g734c. Corn dull; mixed, spot, 3.S4&3Sic; month. 3$? 334c; November or December, new or old. 354374c; January and February. 354'd354c; steamer mixed, 370374c; receipts. 2J0.252 bu; exports, 453 bu: Southern white corn, 41G42e: Southern yellow, 424 W 43c Oats quiet; No. 2 white, 2030c; No. 2 mixed, 2741' 284c . LIVERPOOL. Oct. 4. Hams Short-cut firm at 50s 6d. Bacon Short-ribs firm at 35s; Cumberland cut firm at 39s 6d: clear bellies strcng at 39s. Tallow Australian (in London) firm at 27 Wheat-Spot. No. 2 -red Western winter, easy at 6s 14d; No. 1 Northern spring easy at 6s 4d; futures quiet; De
cember. 6sld; March, 6s 3sd. Corn Spot. American mixed, new. nrm at 3s Ud: old nrm at 3s84d; futures quiet: October, 3s TTid; November, 3s74d; December, 3s 74d. TOLEDO. Oct. 4. Wheat lower and weak; No. 2. cash. 744c; December, 744c Corn etsy; No. 2. 334c. Oats- active: No. 2 mixed. 234c. Rye dull, but steady; No. 2. cash, 59c. Clover seed active; prime, cash. old. $4.93 bid; October. J6.S5: December and March$5.70. CINCINNATI. Oct. 4.-Flour dull. Wheat easier; No. 2 red, 724c Corn tiull; No 2 mixed. S4c. Oats firmer: l.o. 2 mixed 25c Rye dull; No. 2, 63c. Lard firm at $3.255.30. Bulk meats firm at $3.40. Bacon firm at $6.25. Whisky quiet at $1.22. Wool. BOSTON. Oct. 4. The American Wool and Cotton Reporter will say to-morrow: While the de mand for woo! has not ruled quite as active dur ing tne past week as previously, a good sized business has been transacted. Some of the dress goods mills and worsted yarns spinners have been Duying. The American Woolen Company has been less of a factor in the market, although some of the mills in the combine have purchased moderately. It could hardly be expected that the pace which characterized the course of the market for the past six weeks could be maintained Indefinitely, and it is indeed remarkable that the volume of business has kept up as well as it has. The rales of wool in this market since Jan. 1 now aggregate over 225.000.CO) lbs. Last year at this time they amounted to less than $7,000,000. Prices are strong and tend upward. The sales of the week in Hoston amounted to 6,612,000 lbs domestic and 285.000 foreign, making a total of 6,897.000, against a total of 9.7C5.000 lbs for the previous week and a total of 1.543.000 lbs for the corresponding week last year. Sales since Jan. 1, 1899, amount to 22S.50S.10O lbs. against S6.922.010 lbs last year at this time. LONDON. Oct. 4. The offerings at the wool auction sales to-day number 11.703 bales. The bidding was more spirited and there were fewer withdrawals. Lower cross-breds, however, were Irregular and were frequently withdrawn, especially scoured sllpes. The offerings Included a large quantity of medium merinos. Good greasies sold readily at full value. The American purchases to-day were small. Following are the sales in detail: New South Wales. 2.200 bales; scoured, lsfils lid. Queensland. 400 bales; scoured. Is MS? Is M; greasy. 10dls 14d. Victoria. 200 bales; scoured. 8dls lOd; greasy, $,011d. South Australia. 200 bales; scoured. Is 3dffls 9d. New Zealand. 5.000 bales; scoured. Is 3dls 94d. Falkland Islands, 1,400 bales; greasy. 54g9d. Punta Arenas, 2,200 bales; greasy, 584d. Bntter, Efrrn and Cheese. NEW YORK. Oct. 4.-Butter-Receipts. 2.124 packages. Market firm: Western creamery. 17 24c; June creamery. lJt22c; factory. 1416c. Cheese Receipts, 7.910 packages. Market firm; large white, lHic; small white. llic: large colored. ll;c; small colored, 12c. Eggs Receipts, 10.932 packages. Market strong; Western ungraded at mark, 1418c. PHILADELPHIA, Oct. 4. Butter firm; fancy Western creamery. 24c; fancy prints. 24c.v Eggs Arm; fresh near-by.' 1919c; fresh Western, 19c; fresh Southwestern. 18c; fresh Southern. 17c. Cheese firm. CHICAGO, Oct. 4. On the Produce Exchange, to-day. the butter market was firm; creamery. lS224e; dairy. 13(719c. Cheese firm at HVi12c Eggs firm; fresh. 16c. " KANSAS CITY, Oct. 4.-Eggs-Market steady; fresh Missouri and Kansas stocks first, 15c per doz, cases returned. CINCINNATI, Oct. 4.-Butter firm. Eggs dull at lc. Cheese firm and higher; good to prime Ohio flat. 12c. BALTIMORE, Oct. 4.-Butter and ergs firm. Cheese steady. , ST. LOUIS, Oct. 4.-Eggs weak at 15c. Bletnls. NEW YORK, Oct. 4.-The general trend of sentiment in the metal market to-dav wa hotter and at the close srelter and tin showed few sains on increased demands and small offerings, later due to firm cables and more cheerful news from the West. Lead was quiet but . strong. Copper and iron were Inactive with prices nominal. At the close the exchange mlWd riv mn warrants dull and nominal at $18; lake copper uuu at i..wc.- tin nrm at 32.30c bid: lead steady at 4.60c bid and 4.63c asked; spelter firmer at 5.4c-bid and 5.50c asked. The brokers price for lead is 4.40c and for copper lSQlS'ic. ST. LOUIS, Oct. 4. Lead dull at 4.5034.52'ic. Dry Goods. NEW YORK. Oct. 4.-AH staple cottons In good reauest. Demand imnrovinir rather than rain,. away, in spite of the steady advancing tendency in puces, neaxy Drown cottons are held by sellers with much reserve. Four yards sheetings sold to-day in one Quarter at 4V4c sales of regular print cloths at full prices. Wide odds strong. Bleached cottons In good demand and advances already reported easily realized. Further advances in denims and other coarse colored cottons very firm. Woolen and worsted dress goods In good request. Prints show an improving demand, especially for staple lines. Oils. WILMINGTON. Oct. 4. Spirits of turpentine, nothing doine; prices unchanged. Rosin firm and unchanged. Crude turpentine firm at $1.50 and $2.80. Tar firm at $1.30. OIL CITY. Oct. 4. Credit balances. $1.50; certificates, no bids, offers or sales; shipments. 57,022 brls; average. 66,260 brls; runs, 160,917 brls; average, 8,991 brls. NEW YORK, Oct. 4. Petroleum firm. Rosia steady. Spirits of turpentine quiet at 51452c. SAVANNAH. Oct. 4. Spirits of turpentine firm at 48ic. Rosin firm and unchanged. Cotton. NEW ORLEANS. Oct. 4 Cotton firm; sales, 2,200 bales; ordinary, 4 15-16c; good ordinary, 5 7-16c; low middling. 6c; middling. 6c; good middling. 7c; middling fair. 7c. Receipts, 1L948 bales; stock, 219.922 bales. NEW YORK, Oct. 4. Cotton closed steady at l-16c advance. Middling upland, 74c; middling fculf, 74c; sales, 1,191 bales. LIVE STOCK. Good Cattle Steady-Hogs Active and Lower Sheep Firm; UNION STOCKYARDS, INDIANAPOLIS. Ind., Oct. 4. Cattle About 1.000 head of cattle were received, against a little over 1,100 a week ago and about 1,000 a year ago. The arrivals were principally stackers, feeders and common stock; only a fair proportion were good, and etrictly good kinds were conspicuous by their absence. There was a very fair demand from all sources for good stock, and there is no doubt that a much larger supply than recently could have been sold at satisfactory prices to the owners. All that were suitable for butchers old at quotably steady prices, but half-fat stock were as much neglected as ever and prices were generally unsatisfactory. Fresh and stale there were about 1,000 feeding cattle on sale, and, with practically no demand from country buyers, not many changed hands during the day. The calf market is In a very unsatisfactory condition and the best kinds are felling at least $1.50 per 100 lbs lower than the high time. Quotations: . Good to prime steers, 1,330 lbs and upwards $3.75 6.23 Fair to medium steers, 1,330 lbs and upwards 5.23 5.00 Good' to choice 1,150 to 1,300-lb steers 5.00 5.75 Fair .to medium 1,150 to 1,300-lb steers 4.50 5.00 Medium to good 900 to 1,100-lb steers 4.23fJ 4.75 Good to choice feeding steers. 4.40 4.63 Fair to medium feeding steers 3.75 4.23 Common to good stockers 3.00'c 4.23 Good to choice heifers 4.00U; 4.75 Fair to medium heifers 3.60 3.90 Common light heifers 3.00 3.50 Good to choice cows 3.G3f 4.50 Fair to medium cows 3.15fa 3.50 Common old cows 2.00vj; 3 00 Veal calves 5.00f:i 6.25 Heavy calves 3.OO 5.00 Prime to fancy export bulls I73n 4.00 Good to choice butcher bulls 3.2Sftf 3.60 Common to fair bulLs 2.75 3.00 Good to choice cows and calves.... 33.0050.00 Common to medium cows and calves 15.0030.00 Hogs About 4.500 hogs arrived, against 4,700 a week ago and a little over 6,500 a year ago. The market opened with all buyers In the field, but on account of the comparatively high prices here there were few shipping orders. Local packers, however, were Inclined to be reasonable in their demands and soon the supply waa changing hanis promptly at n average decline of fully. X'ic in prices. There was a better demand frcn ths lccl tr-3 frr C-zi rr. cr.d fr?- t - i r
A
merran
Compsiny ISSUE OF $10,000,000 5 Per Cent. Sinking Fund Gold Debsnuc:;
IX BONDS OF 1,000 EACII Dated September 1, 1899 Vuz Sepicl:r 1, Z7 But redeemable at the rate of S25O.O00 p:r annum ct ICj. Principal and Interest are payable In GOLD CO IX of the United Ctatca c2 America of the present standard of Trelffht nd fineness. ; Tbe la terest ! payable In New York September 1st and Harch 1st, and the principal may be refflstered REGISTRAR A'D TRCSTEE '.' , - THE L'XITED STATES MORTGAGE AND TRt'ST CO. OF MTIV
This company has been formed to take over the properties and business cf fortyfour manufacturers of bicycles and bicycle rarts. Including most of the bcst'knoTrn concerns in the bicycle biu-iness. and comprising about BO per rest, of all tbe blcyd manufacturers of the United States and Canada. Appraisals of the real estate and machinery, made by the American Appraisal Ccrapany, of Milwaukee, and of the quick assets, made by W. T. Simpson, public acccuz:ant, which are on file with the bankers, may be summarized aa follows:
ASSETS
Real Estate and Buildings .V. ....J3.S37.3C5CT Machinery, Tools, etc Merchandise, etc., on hand - 7.C3.4L5.43 Accounts and Notes Receivable and Investments S.CCl.TlS.l Cash UTS.W.3 i C4.1W.74U3 ,. 1.833.5S4.13 NET ASSETS. .... $22,290,156.46 from which It will be seen that the debentures COULD BE MORE THAN RETIRED BY THE QUICK ASSETS, and leave the real estate, buildings, machinery and tools Intact. , A statement of the business of these concerns, on file with the bankers, thoxtj tt5 they marketed During the year 1897 5CU bicycles 1S98 ' 661.232 "
" 1899 virtly the fiscal year of most of the conJiJnies
EARNINGS
The following certificate of EARNINGS Is on file with the bankers: . New York, C:;L U Messrs. BARING, MAGOUN & CO.: Gentlemen: ' ' After a careful examination of the accounts of the factories formlnj tha Arscrlcia Bicycle Company for the past four years, we hereby certify that the nmt amlra of the said factories, after deducting all charge for Interest on capital tsl dc-rcdi Hon on machinery and plant, have been as follows; . ' 1895 .$5,110,C37.e3 1896 7,7C3,4C0.D i an? n.703.G57.2n
--------- J 7 I 1898 3.328.G34.77 Wa have also Inquired into the net earnings of said factories for thm Pi:E3Zr7 FISCAL YEAR, and from these Inquiries and the 'information furnishtd to U3 by th3 manufacturers themselves, we estimate eaid net earn laps at J3t903, 634.33 Respectfully submitted, (Signed) W. T. SIMPSON. Public Accountant; Fallow Initituu of Accounts. XT. r (Signed) RIDDELL & COMMON, Chartered Accountant
The bankers have also on file a letter from President A. O. SPALDINO and H DAY (formerly vice president Pope Manufacturing Company, of Hartford) In trLU they estimate an annual saving of f 1,400,000 IN EXPENSES ALONE frcn CJ consolidation.
ORGANIZATION Messrs. Alexander & Green have supervised the organisation of ths company they have written bankers, stating: That the American Bicycle Company has been organized s a corporation of the State of New Jersey, and its capital stock and debentures havs been authorlaed and Issued under their supervision as counsel: ' That in their opinion the American Bicycle Company Is organised In accordance with the laws of the State of New Jersey, with an Issued capital of tSO.000.COO, of which $10,000,000 Is to b 7 per cent, cumulative preferred stock and t20.000.000 common etocl:: That the title to the real estate acqutred and to be acquired by the company has been examined by local counsel selected by them, and that the transfer of both reil and personal property acquired by the American Bicycle Company has been and is t be made under their direction; That the company Is authorized by law and by consent of Its stockholders and by action of Its directors to make an Issue at the present time of 110,000,000 par value cf debentures, and that these debentures when issued will be a valid, subslxttns an3 cnforclble obligation of the American Bicycle Company, according to their terms.
Tbe terras of tbe aelentiire provide that In ce tbe Am.rleam Cteyele Company shall at any time hereafter execute any mortcsoe upon Its cro?erty or franchise, to secure the payment of any bonds or debentures hereafter Issued, the holders of theae debentures shall be siren the option of either exchanging their debentures for an equal amount, at par, of tbo bonds secured by said mortgage, or of declaring their debentures forUarrlCi due, and receiving payment for same at 105 and accrued interest
OFFICERS A. G. SPALDING. President. '-... COL. GEO. II. POPE. Vice President. A. L. GARFORD. Treasurer. J. E. BROMLEY. 2d Vice President. C. W. DICKERSON. Oecrttary. BOARD OF DIRECTORS
A. G. SPALDING, of Sea Bright, N. J. Col. A. A. POPE, of Boston. R. PHILIP GORMULLY, of Chicago. R. L. COLEMAN, of New York. F. C. STEARNS, of Syracuse. J. W. KISER. of Chicago.. C. L. AMES, of Chicago. H. A. LOZIER. of Cleveland. WILLIAM BARBOUR, of New York.
ppltcatlon will be made to list these debentures upon the New Ycrli Stock Exchange. The form of the debentures can be seen at the c2:o of the bankers and copies of the prospectus may be had upon application. I $3,700,000 of the debentures having been sold the undersigned offer the balance fc;? tjubllc subscription at PAR AND ACCRUED INTEREST FROM SEPTEMBER 1ST, VSJ Payable as followsi IO PER CENT. t'POX APPLICATION. S3 1'ER CENT. IPOX ALLOT 3IENT. C3 PER CENT. AND INTEREST ON OCTODEIl 26TH, 18D0. SUBSCRIPTION BOOKS Will be opened on Thursday, October 5th, ct ten o'cltzlu and closed on or before Friday, October 6th, ct thrcs o9clzzlu The right is reserved to reject any subscription, or to allot a smaller aro-t C:: applied for, and to close the subscription books before the time above etatii. Negotiable scrip receipts will be Issued pending the delivery of tha CzT-" debentures. . - , BARING, MAGO.UN z r ' 15 Wall Street, V.zw Vc:!:.
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estimated) .. .... x,oj - ending between July 1 and Auy. 1. R. S. CRAWFORD, of Hagerstown. 112, A. FEATHERS TONE, of Chicago. GEO. W. YOUNG, of U. a Mortrcre tx3 Trust Co., New York. GARDINER I. LANE, of Lee, Illr--son & Co., Boston. GEO. F. CRANE, of Barinj. Uzzi Q Co.. New York.
