Indianapolis Journal, Volume 51, Number 273, Indianapolis, Marion County, 30 September 1901 — Page 7

Page PDF (1.55 MB)

Back to issue view

THE INDIANAPOLIS JOURNAL, MONDAY, SEPTEMBER 30, 1901.

ISSUE LETTERS OF CREDIT Available in all parts of the World

U. S. DEPOSITORY.

The Merchants' National Bank Capital and Surplus,$l, 250,000

Buy and Sell U. S. Bonds

Accounts

Solicited

INDIANA NATIONAL DANli (Fireproof Building.) VI312 DICI'OSI'I VAULTS r r Safe beposit boxes for use of Lawyers. Physicians, Merchant?, Mechanics, Railroadmen and Pensioners. $0.0) a year, liuslnesn confidential. IRON - .SHAFTING BOLTS. TURNBUCKLES F0R.GE5, BLOWEPn-S HEAVY HAPDVAPvX W. J. Holliday & Co. So. Meridian St. Telephone 46a. MONEY to ' X x -a- $500 and upwards. Loaned upon improved city property, granting permission to make partial payments. Interest graded according to location and character of security. No delay. C. F. SAYLKS & CO.. 127 East Market Street. BAKER-VAYfTETZ CO. CORRECT ACCOUNTING Locum Lamf Symtmntm. J. O. COPELAXD, Accountant for Itfdlaai, Raw Phons 2259. 827 ttmnion Building THE LIVESTOCK MARKETS LARGEST CATTLK WCKIC IV TIIC 111STOIIV OF TUT. LOCAL MAUKET. Saturday Price About the Same ns Thune 4f l-'rilti Hok" Sold from ;.r; to J7.:: Sheet Stendy. UNION STOCKYARDS. INDIANAPOLIS, Sept. ZS. Cattle Receipts, ; shipments Small. That the unexpected always happens was demonstrated in the receipts of tattle this week. Most dealers believed that there would be a considerable falling off in the marketing, especially of common kinds, on account of the unsatisfactory condition of the trade last week, but they were greatly surprised. The receipts were the largest ever received in this market in one week, showing a gain of only a few head over the previous record established the week ending Sept. 7, and an increase of over 3.1Ü0 compared with last week. Compared with the same week a year ago there is a gain of nearly 2,710, and with the corresponding week two years ago an increase of over 3,400. Thus far this year the receipts are nearly 51,0 larger than the same period last year. A very large per cent, of the cattle received the past week were unfinished kinds of rather ordinary quality, many of which were sent forward from other markets. There was a scarcity of choice cattle of all kinds. The market opened with a steady demand, and in anticipation of reduced supplies dealers quoted the outlook steady. Their ideas, however, ere soon changed by liberal receipts, and the- market was soon in a very unsatisfactory condition.. Buyers were wanting but few of the class of cattle that represented the majority of the supply, and the result was a begging trade throughout the week. Prices were, of course, reduced, but unevenly, and the change each day at the close of the week amounted to at least 2Gl5oc per 100 lbs on all kinds that were not strictly thick fat and of good quality. The market for better grades of cattle, in sympathy with other kinds, also weakened, and at the close of the week was variously estimated at Itf&iSc lower than at the close of last week. The demand for stockers and feeders was fair, but prices were reduced at least ZjC. At the extreme close of the week salesmen made a desperate effort to transfer their holdings, and succeeded in getting practically all of the supply out of iirst hands. During the week native steers sold as high as iiA0, Westerns $1.05 and Texans $3.?U. The extreme prices paid for heifers was $4.7j, cows $1.15, bulls $l.5o and calves ;7. The receipts to-day were larger than usual on Saturday, and Included about 175 head of Western steers. Buyers having been well supplied with that kind of stock heretofcro this week were not inclined to bid on the offerings, and most of them had to be carried over until next week. The fresh arrivals of native stock sold usually at yesterday's prices and a good clearance of that kind was made. (Quotations: Kxtra prime steers, 1,3, lbs and upwards $T.rW 6 25 Good export steers. 1.3 to l.r) lbs 5 5o,r C W Good to choice 1,30 to l,.-ib steers 5 'i 5 50 Good to choice , to 1,150-1 b steers 4 ZU 5.15 I'lain fat steers, 1.350 lbs and upwards 5.4.V5, 3 73 IMaln fat steers, to 1.3olbs... 4 ,'.1 5 Blaln fat steer3. l.""U to 1.150 lbs... 4.i-i 150 Choice feeding steers, to l.iuo lb 3.75' 4.25 Good feeding steers. ! to l,lo lbs 3.35 3 Medium feeding steers. So to ljj Its 3.fK, 3.35 Common to good stockers L5i 3; Good to choice heifers 3.75. 4 75 Fair to medium heifers 3 la 3a2j Common light heifers 2.) Good to choice cows ::.., 4.25 Fair to medium rows LV 3 ;t Common old cows 1.57. 175 Veal calves .'v,t ;.75 Heavy calves 3.5'j iTlmi to fancy expoit bulls ;i'jlt j.oo Good to choice butcher bulls 3.!.Vi Common to fair bulls 2..V.i a.O) Good to choice cows and calves... rK.mxjyi.to Common to medium cows and calves Si.OKiOo.OQ Hogs Receipts. 2.5); shipments, 2,H The miketing of hogs this week lias been of mall volume, the total howln it decrease of 2.J") compared with last week, 3.O00 compared with the same week a year ago and 2.UUÜ compared with the corresponding week two years ago. Thus far this year the receipts are nearly bT.'j") larger than the am period Inst year. Tor the week ending yesterdav local packer purcha.se. i a total of 11.037 hugs, ngulnst 12.3.17 the preceding wwk and 11. tW the s-ano week a year ago. During the nam prl.l tne shipments were 3,7. against 5,'v the preceding week and 6.1 the corresponding week a year ago. The week opened with values about steady, but soon a weaker tendency was manifested, and en Wednesday there was a harp reaction in prices. Toward the close of the week the markt t

FOREIGN DRAFTS and MONEY ORDERS

Foreign Money Bought and Sold brgan to rail" a little, and at the exVrerne closr- of the wnk prime heavy hops sold as hUh as they have at any time this season. There w.13 more discrimination against lishf wtUhts, especially the ordinary svrt. and very little of the loss in prices was regained. At the low time in the week the average in prices was fully loc lower, and certain licht kinds were JjJc lower at the clo.-e of the week. Notwithstanding prices were lower, the position continued high compared with other markets, and the result was quite a falling off in the shipping orders. A few loads of" choke heavy hogs were noticed among the arrival, but the quality generally was not up to the standard s t last week. Receipts to-day were a little larger than a week aso and a year ago. A few loads of choice hogs were represented, and with a limited number of special orders for that cla?s they wie taken early at 2z'i 5c higher prices than yesterday. Other good kino?, however, did not show any quotable improvement and there was a very dull market for the common class of light hogs at 5c lower prices. Shippers' support in the market was not of much importance, but packers finally cleared up the supply at current prices. Sales ranged from $0.55 to $7.3), which is the widest spread recorded this year. Quotations: Good to choice medium and heavy.. $7.007.30 idixed and heavy packing 6.55fi7.05 Good to choice lijsht weights H.S''iü.lO Common to fair liyht weights 6.55'ii6.75 Common t ? good pigs G.oo-o-ö.GO Boughs 6.0.iijJ.5J Sheep Receipts, 150: shipments small. This week's receipts of sheep and lambs show only a slight change compared with last week and an increase of 2Si over the same week a ye;y nco and L5nj compared with the corresponding week two years ago. Thus far this year the receipts are nearly 44.0oo larger than the same period last year. The trade the early part of the week did not show any change compared with the close of last week, but later, with ample supplies here and elsewhere, there, was a weaker tendency, and transactions at the close indicated that prices were about 25c lower for lambs and l'J'ob'ie lower for sheep. The market was considered satisfactory by all dealers, , and therefore the trading was generally active at current prices. As usual, a very large proportion of the supplies sold to shippers, but the demand from local butchers was of more than ordinary importance. There were not many strictly top kinds in their class represented, but the quality was fairly satisfactory all week. The extreme price paid for lambs was $45, and for sheep $3.50. The receipts to-day were as large as the average at this time in the week, but not quite equal to a week ago and a year ago. The demand was steady and the supply was exhausted in good season at steady prices compared with yesterday. Culls to choice lambs sold from $1 to $4.ü). and common to best sheep at 2. 301 3. 25. Quotations: Good to choice lambs $4.2T1T 4.C5 Common to medium Iamb? 3.1j4.lO Good to choice yearlings 3.2513.50 Good to choice sheep 3.003.25 Common to medium sheep 2.omj2.75 Stockers and feeding sheep 2.002.75 Bucks, per 100 lbs 2. 0012.25 Trannnetinnn at the Interntute Yard. INTERSTATE STOCKYARDS. INDIANAPOLIS. Sept. 2S. Cattle Receipts, light; shipments, none. The market continues steady at quotations; Good to prime export steers, 1.S5Ö to 1.50Ö lbs average $5.rf 6.00 Fair to medium export steers, 1,200 to 1.400 lbs average 5.25 5.50 Good to prime butcher steers, l.luo to I.HTjO lbs averace 4r.ß r. 5.". Good to choice feeding steers.... 4.25ii 4.50 rair 10 goou ieeders, yuu to i,ij lbs average 3.5off 4.25 Light stockers 3.25'a 4.25 Good to prime heifers 4.25U 5.00 Common to medium heifers 3.50V 4. Prime to fancy export cows 4W-t 4.50 Fair to good cows 2.75r 3.75 Canners and common cows 1.75'u; 2.75 Good to choice lieht ve.nlt üftili fi 50 Common to good heavy veals 3.00?f 5 00 'oou 10 cnoice rat bulls 3.0)r .oo Common to fair bull ixi'o :t fid Good to choice cows and calves. .20. 45.00 common to medium cows and calves 10.0020.00 Hogs Receipts, 500; shipments. 4X). The market was strong at yesterday's quotations. There were no top kinds offered, the best mixed load bringing $7.15. Selected heavies sold at J7.20; light mixed at 56.507, .vith the -bulk selling between $3.&5&6.95. The supply was taken bv Squires & Co., Muhs,.of Patterson, and Hohman. of Baltimore. The market was active and closed steady at quotations: Good to choice heavies $7.107.20 Good to choice medium grades .... 7.00:a7.10 Common to good pigs 5.5055 S .50 uougns 5.25'g6.50 Sheep Receipts, none: shipmente. none. The market is quoted 15c to 25c lower, especially on lambs. Quotations: Good to choice lambs Jl. 00154.75 Common to medium lambs 3.004.00 Good to choice sheep 3.003.25 Common to medium sheep 2.0iü2.50 tiiuovcis iiuu leeumg sneep z.wal.iA) Bucks, per loo lbs 2.UOj2.50 Elsewhere. KANSAS CITY, Spt. 28. dale Receipts. 6T0 natives. 1U0 Texans. low calves. Comnar.l with a week ago, beet Iters and feeders steady; other cattle Hjc to Jjc lower. Corn fed beef steers. fä.SO iair 10 eoo.j. stockers and feeders. )J.0eli4.1'ü: Vesterll fed steers, 52.7jfi; Western range steers, $;.Ju4.7i; Texas and Indians, $2.7't 3.7n Texas cows, .Muft2.S); native cows. $2.C(Kx 4.35; heifers. ?Jv j.C-ü; t anners. ?l.R05?-.00- butls U.2öfi4; calves. W'yi.:'.. Receipts thlt wetk, 63.5'0; last Wttk, 47.7UO. Hogs liicelpts, to-day, 4.0: for the week. SH.whj; last week. 41,u Market Mrone. Ton 57.10; bulk of sales. $0.7:.t?7.oj; heavv. ."?i7 071 mixed packers, Jö.IÖIj 7.05; light. $-5.2:6. !5; ptifs.' s:.j.25. Slieefv-Ilecelpts to-day none: for the week M - COO; last wvek, 1M.V0. Market to 23c lower than last week. Western lambs. $3..T(i 4.33 ; Western wethars. $.:j.l.M; ewes, ?J.iJö2.b3; feeders. -U3.25; stockers, Jl- ?:'.. CHICAGO. Sept. 2v-Cattle-Receipts. 500 incluilin Texans and We.trn. Maiket nominal eJ.od tü'rrlme steer?. WJt.4ö; poor to neOnimi f-ii 5.75 ; stockers and fee.lers. j2.25ö'4 30; row' Jt.öo-ß.Ti ; heiffrs, t.74.75; canners, II 50ft2 2b' bulls. Sl.25fi4.75; calves, J-Jö.; Texas steer' 1j4; AVestern steers. J5.6"''f.'5.2ö. Bogs Receipts to-day. 12,0: Mondav. 30 UCO estimated; left over. 2a0. Market about ttead' but slow. Mixed and butchers. .7'iU7.1'j- coö.'l to chob-e heavy. J'J..s"ri7.15; rough heavy. 'i.itu 6.75; lljkht, SS.45rfT. !." ; oulk of sales. J5.bJC.W. Sheep and Lrfimbs Itecelpts, 5 mi. Market steady. Cood to choir wethers. $3.6-jJf4; fair to choice mixed, 3.C0; AVf stern s-heei.' J3 25 fu3.75; native lambs. J2.505; Western l'ambt ti.V't 5. CrtKiaI yesterday: Receipts Cattle. 4.10;; hog is.u;4; sheep. Shipments "attle. 5 47 '- hoes. 2.914; t-heep. 5.742. ' ST. I.nri. Sept. rS.Cattl" Receipts. PCO Including 2"0 Texans. Market steady. Native shipping and export steers, $l.?o?j...35; dressed "beef and butcher steers, $4.5Jj; steers under l.t' lbs :;'5.J5; stoikers and feedt rs. S2. 4. 15; cows and heifirs, $-"c;5; canners. $1.25d 2.15; bulls. j.25'if 4.25; Texas and Indian steers. f-MV-ii 4. 15; cows and heifers. $2.10'j 3.:i5; canners. 1.25 'a J. 25. Hops Kecelpt. 1..VM. Market strong. and lights. $t. 75 ! 5. ; packers, JS.TCU S.uo; butchers. $;j7.lV. Shee; Receipts, l.po. Market steac'y. Native muttons. $2. 757? 3.4); lambs. $3 5l'u l.7"; culls and bucks, 1.75'u3; tocktis. J j2.5". UU'ISVII.LL. Sept. 2S Cattle-Market steady. Choke to prim shipping st-ers. k4.7.".,;i5; medium to gocl shipping steers, J4.25j4.C5; choice butcher. rjl.4; nie. Hum to gJod butcher., J3.25'j3.5u; ihiiice veals. $4.5,'?i5. " ' Hos Market stea !y. Cholre heavies, 17; midiunis. S.'j'j.!; lljhty. f5 .5 i ti.f.'i; po t l'N-lb pi-s. $5.75f;1: M) to p-0 Ib-s. $5.:'y5.75; M to J lts, $1.5-i'u 5.25; rai;hs. $."''!(. Sheep and l.nml s Market stea ly on all jrrades. 'lood to extra shippir.? sheep. J2.yj2.75: tair to tijJ. J2.5'"u2.75; comnion to me liujn. f2'2.5o. NEW yOKK, t. IS. Ileeves Receipts. OH. None on sale. Cables quote prices unchanged! Kxjrts to-ilay. l,75ö beeves. 15.702 quarters of Uff. Calvt s Becelpis, 54. No trade worth noting. Sluep and lambs 1J celpt. 3.147. faket quiet tut Meliin vulufs ttaly. h p . J2.äiyä.70- cuila 42; lamb!". $4.75 n.5.55; culls. 3.25iu 3.5t. Bos Receipts, 2,Ca. All consigned direct. RAST RCFl-'AUi. Sep:. 2v Cattle Receipt. 4 cars. Market ste.i!y. Veals in lair demand at f'iS.25 b'r K"ool to best. II ofs-HeceUts. 4 cars. Mirktt dull and lower. I'll-4. f5.6.'.'''.Tj: rai!). cO'nnii.n to c.njj, 'ct;f! Stieep and Iin:t' Receipts, 1; cars. Market lull Spring bunts. $5:5.15; culls. 7ö "'i 4. 4 ). Shep ."hoii-e wethers. J3. '.;4.10; culls and common. J2'u3.."". Sou'Til OMAHA. Spt. 2'. Cattle Keceipts. 3.' .1. Market nominally stenly. Native beef ftfrrs 4.7.ii :.? '; ebtern stet-rs. $3.75 3i.a.i; Texa steer. i.:5 , 4 25; cows and heRers, J2.) u'47); rales. $3.1 5.2.'.. lb-2-Rer(p?.. 5.n'. Mrkt a aha! higher !ljy. J? sj; n!lx.l. ;...oy5 2XX; light. JH 7o Vj '-'-; bulk of sab -, pi .j i.k2'2. Sh i R.M-elf ts. 1 '. M irket t-teadv. Wethoj, Ji;3 4; ewos. f2.7.'.TC3; lamhs. 35Ö54.3. CINCINNATI. Sejt. 2S.-lbj;s quiet at 4.6."3 e'attle slu '.j at f.ZTi ;.2". Sfheep ilea J j at (2.2:3.25. Lambs, Z.ZZ'Z . C5.

WALL STREET'S BAD WEEK

FEAIl THAT TUB CREST OF 111 OSrEitiTY had m:i:x hkaciied. Had It ti morn mid the Tumble of Copper Demoralized the 3Iarket Yesterday AYas KBconrnglns NEW YORK, Sept. 2S. With only two hours of tracing to-day and a yacht race ir. progress a large part of the usual Intereft in the stock market was diverted and the affair was principally one of small professional operations. There were some heavy blocks, running from 1.000 to 9,500 shares of United States Steel common and preferred, New York Central and Union Pacific transferred in the opening dealings, and the market generally went higher during the first hour. A number of obscure stocks was brought forward, some new ones being added to yesterday's list. Amalgamated Copper fluctuated, rising a small fraction at first and meeting support at early declines. The whole market sold off in the second hour, when traders took their profits, anel Amalgamated fell 2U below last nlKht. The Vanderbilts were also notably affected by the realizing in the absence of the buying from the sources which were responsible for yesterday's strength. The rrarket closed weak. The bank statement showed a larger gain in cash reserves than was anticipated, but failed to reflect the expected contraction in the loan account from the stock market liquidation. Preparations for October disbursements and for subscription to several municipal bond issues during the week probably account for the offset to the repayment of l.ans by stock markets. Heavy liquidation from all sources has been apparent in the stock market all the week. The motive of this liquidation was obviously mixed and seemingly somewhat conflicting. What are called the large financial interests showed evidence of a divided sentiment early in the week. Morgan and Gould stocks continued to advance with signs of inside support when all evidence of support had been withdrawn in stocks in which Standard Oil Interests are dominant. There has been activity for some time past by the speculative pools In the market, based upon the assumption that the great financial powers were united in a determination to support prices and protect the money market as they did through the crisis following President McKinley's assassination. The fact of a divergence of policy among these influential capitalists was sufficient to check the activity of the professional pools, even while the one party continued its measure of support, which was only for a short time. Not only did the brokers who have acted as agents for the supporting powers in the market discontinue their measures, but they became large sellers of the shares accumulated by their heavy buying at recent periods of weakness. Joined with the rush to realize by professional pools, the effect was to throw the market at times into a state bordering on demoralization. CAUSE OF COPPER TROUBLE. The disconcerting effect on speculative sentiment of. the developments In Amalgamated Copper doubtless was an important element in deciding the change of policy on the part of the leaders. The conditions in the copper trade which are assigned as the cause of the present demoralization in copper stocks are not new subjects' In Wall street. Even the omission of the customary extra dividend on Amalgamate! Copper stock wan industriously rumored for many day? before the fact. 11 was news to the speculators in the stock tbat foreign consumption anel exports tf copper had decreased enormously, owing to trade depression and failures of electrical enterprises in Germany. Copper trade statistics were in circulation for weeks before the collapse In Amalgamated Copper, and even while its price was soaring to near its record figure. It was only on the very eve of the dividend action by the bears that the manipulation for the advance ami support ceased. The rush to sell after the reduction in the dividenii found the market practically bare of demand, and the drop in the price from 107 on Friday afternoon last week, before the dividend was announced, to on Wednesday was practically perpendicular. The selling of stocks elsewhere in the market was due in large part to speculative losses incurred by the drop ia Amalgamated Copper. The whole speculative tone became pessimistic, und there was large selling of long stock and short selling by the bears. The general outlook was considered discouraging, and views were expressed that the cycle of prosperity had reached the crest. Rumors were rife of the abandonment of some of the Important financial projects looking to extension of community of interest, and announcement accepted as authorized was made that measures for financing the purchases of Northern Pacific shares on behalf of Union Pacific were to be postponed until more favorable conditions. This renewed the latent apprehension of an outbreak of the quarrel over the control of Northern Pacific. Eastbound freight rates Into -Chicago were reported demoralized on account of the light grain movement, with a threatened extension to trunk-line territory, and specific assertions were published of a feud between Pennsylvania and Wabash over the entrance of the latter into Pittsburg, with threats of reprisals, fears recurred that the interior demand for money would exceed the resources of New York banks and would necessitate large curtailments of call loans to meet them, while the sharp recovery in foreign exchange carried rates well away from the gold Import point and destroyed hopes of Immediate relief from that source. Such were some of the items making up the feeling of discouragement in the stock market during the period of violent decline in prices. MONEY MARKET'S FUTURE. The future of the money market, indeed, seems by no means clear, although interest rates have declined and banks have shown Increasing disposition to accommodate borrowers. That heavy requirements remain to be filled for interior currency needs is certain. Cotton it being held at the South for higher prices and contract credits are required for this purpose. In addition tha supply of cotton bills is diminished in the exchange market and claims upon Europe for gold are thereby reduced. The period of active money at home as well as abroad is approaching, and the pressure of Berlin this week and withdrawals of gold from Ixjndon for that center indicates the extraordinary requirements incident to the end of the quarter. The condition of the copper export trade is suggestive of the possible effect upon other trades of stagnant trade condition in Europe and decreased demand for our commodities and. in some cases, increases competition from congested stocks and lower prices abroad. It is evident, also, that the week's demand for foreign exi-hange was due in part to a demand from shorts, which is in effect a repayment of loans from foreign borrowers made some time ngo. Remittances on account of subscriptions to the British consol issues also played a part. But on the other hand the week has seen the receipt of $2.500,000 in Australian gold at San Francisco and the shipment of a like amount from Sydney. Large redemptions of government bonds have relieved the dcain to the subtreasury on revenue accounts. The week's liquidation in the stock market has in itself greatly strengthened the condition of the banks and relieved the speculative situation, and sentiment greatly improved towards the close of the week. There has been no notable selling pressure In the bond market outside a few upeculative bonds. United State refunding twos advanced l. the threes 8 and the new fours over the closing call of last week. Following are Saturday's share sales and the recorded price changes: Hijrh- Ixw- Cosine Stocks. Atchison Atchison pref Sales. est. est. UM. 27.3 . 76'i 5.5 6. 95 05. HAltlmore & Ohi." fc"0 lul', PU-fc mt-, Raliiniore Ohio pref 93 Canadian Pacific 3") llu1 llvli Canada Southern 11.2-JÖ S5 51, Chapal(e A: Ohio .' 4S 4." 4ötb Ch caw Alton rhlcatfo Albvi pref 42 ' 42 " "hi.. In.i. t i'Uis i" 4-' 42 4is4 Chi., in.i. fc xuis. pr. vj ,j Chi. X- Kasd. Illinois 12:, Chi. (Jreat Western.... 4M 23 22 i'hi. I. . prer. . f.ji Chi. tJ. V . pref. H 4j Chi. V Northwestern jej C. R. I. & V 200 1414 143 141 Chi. Term. & Trans.. C. T. T. pref C, C. C. & St. L Colorado Southern ... Col. South. flrt pref. Col. S nith. second pr. Z'-O 42 41 4 "V 400 &st; 37 $,, SCO 144 14 14 2x r.41, M'i 5414 700 :s, 25 V lelaware Hudson... 4) luo 1C5 lti4i Del.. Lck. & West 222 , Denver . Rio Granie 4,;i Den. & R. CI. Tfff 93 ?2i 'A Krle 7.3o 42' 41A 41 Krl flrnt i.ref.... t rrer z) :.. Mrle fei n.l pref 1 .J ill

Irt-t Northern irf... C.2ö lv'.t'a 1h Ph'4 Hoi ktnt Valley 2 ") '.4S T3 ."3 livKklni: Valley tref.... 2JJ Tili Ti TiU

NEW YORK CLEARING-HOUSE BANKS. STATEMENT OF THE ASSOCIATED BANKS OF THE CITY OF NEW YORK FOR iHE WEEK ENDING SEPT. 28. The New York Financier will to-day publish the following table, showing totals, and the percentage of reserve of the associated banks of New York city:

RANKS Rank of New York, N Manhattan Company , B. A. Merchants National Mechanics' National America Phenix National National City , Chemical National Merchants' Exchange National Gallatin National National Butchers' and Drovers'. Mechanics' and Traders' j Greenwich I Leather Manufacturers' National j State of New York j American Exchange National I National Bank of Commerce National Broadway j .Mercantile National Pacific Chatham National . People's National Bank of North America Hanover National Irving National . National Citizens Nassau Market and Fulton National National Shea and Leather Corn Exchange Oriental Importers' and Traders' National National Park East River National Fourth National .... Central National Second National Ninth National . First National New York National Exchange. ...... Bowery New York County National German American Chase National Fifth-avenue German Exchange Germania Lincoln National Garfield National Fifth National Metropolis West Side Seaboard National Western : First National, Brooklyn Liberty National New York Produce Exchange...... New Amsterdam National Bank.. Astor National Hide and Leather ntl i-.eatner ,a ' 21 ami incree ' ' ' Totals Decrea; ?rZ Kn.'-ii'Tr 28. 3!V)1. $1,314,0X3: balances for week Increase. Five days. Illinois Central Iowa Central Iowa Central pref Lakf! Erl & Western. Li. E. & V. pref Louisville & Nashville. Manhattan L Met. Street-railway ... Mexican Central Mexican National Minn. & St. Louis Missouri Pacific Mo., Kan. & Tex Mo., Kan. & Ter. pref New Jfrj'y Central New York Central Norfolk & Western.... N. & W. prof Ontario & Western.... Pennsylvania Reading Reading first pref Reading second prff... St. Louis & San Fran. St. L. & S. F. 1ft pref. yt. I... & S. F. 2d pref.. St. L. Southwestern... St. L. Southwest, pref. St. Paul St. Paul pref Southern Pacific Southern Railway Southern Railway pref Texas & Pacific Tol., St. L. & West.... Tol.. St. I,. A W. pref Union Pacific Union Pacific pref Wabash Wabash pref Wheeling & "Lake Erie W. & L. E. 2.1 pref.... Wisconsin Central Wis. Central pref

3.000 147 14ji 146 3'H) 41; 41 4''i 100 fcu4 . 7S 7S4 5)) 73- : 7 0,4 70 1.100 334 134 13314 1.4' 104 S 1(,4 104 fe.600 124 123U 123-, IM'a 1.0U0 22i 231; 23 i3; 200 1075i loT'a 107 i 8.4') HTs f7 Ti0 2S4 27s 277 100 LA TA M'.i I'Vt ICS 13 12 4.St0 ltyi" Vz lö 2A1 C478 54H 5-H luO S9'3 S9'i S3 4"0 34Va 34VA 34'i 1.7 0 14 .4 H4'i 141 l.SoO 2 41Vi f.oO TC'i 70 7ö4 l.ioo T.2N i.2 2 1,300 45H 45 45i .... .... 8 300 6t 68 2.4W 30 '-i K-0 C2 62 ß2 II.90O 161Ti VfO'.k 161 18S 6. 1C0- r.7li 11 K7 6,U0 ?.?, 23,t! r.:4 401 42li 41s, 41 s 5.1041 24 22si 23'7.4'M 3 4 3'". Si? 21.TÖ0 SS11 STVi 97 W 21M4 T2'i 22 4'V 39-, , 33' j 3? ; .... IS 30 400 22 2:4 224 200 4?.' 43 424

EXPRESS COMPANIES

Adams .... .... 1?') American 190 United States 00 Wells-Fargo 1G0 M I SC ELLA X F.O US. Amal. Copper 2.400 92 W S0'4 Am. Car Foundry... 100 29 2ji4 29 Am. Car fv Foun. pr S44 Am. Linseed Oil 13 Am. Linked Oil pref 4:1 Am. Smelt. & Refining ' 4o14 4.'4 4" Am. Smelt. & Ref. pr. 2H W W I'6 Am. Tobacco 10) iXi 133 1324 Anaconda Mlnlnj? Co.. 3ii 37 31s4 3t4 Urooklvn Rapid Trans. 2.3'" 7 7 67 Col. Fuel & Iron 1.90' S7 S4rj Cbnsolldatod Oas 3'1 2Vji 21544 219 Con. Tobacco .... 664 Con. Tobacco pref .... 115 General Electric 3") 2"4 2'.0 2'o Hocking Coal 400 is 1 174 Inter. Paper 4' 234 234 23'; Inter. Taper pref 774 Inter. Tower 1.4'M) 9P, , 944 M Laclede Gas .... f National Ripcuit 2oo 44 44 434 National Lead 2HJ 21 19 20 National Snlt .... 40 National Salt pref 7."1; North American Pacific Coast Pacific Mall 3.o 414 41 4i People's (ias 200 107; 107i 107 Tressed Steel Car.... : .... 40 Pressed Steel Car pref so Pullman Palace Car 210 Republic Steel 9i0 154 1!4 15? Republic Steel pref 300 M (514 r,aia Sujar X.610 12:'.; Tenn. Coal & Iron S.Ö00 644 634 631,; Union Bjjr fc Taper Co 13 T. 11. I. Co. pref 71 U. S. Leather 8.h Ui ' 124 124 T. F. leather pref 30-) 80 7?4 79 TT. S. Rubber 1714 C S. Rubber pref 130 f.4 r4 634 IT. S. Steel 43.70J U 43"i 44 IT. S. Steel pref 11,900 D3 944 944 Western Union 100 91 91"; 91 Total salen 277.J00

UNITED STATES BONDi States rfunJlnK twos, reg...., States refunding twos, coup.,, States three?, re ., States threes, coup , States new fours, reg , States new four, coup , States old fours, reg ., States old fours, coup United ITnittd United United United United United UTnited United United .108 .1094 .10! -.10 ..1394 .139; .112 .113 ,.10S ..108 . States nves, reg States fives, coup.... Local Hanks) nnl Trnst Compnnleii. Bid. Asked. Capital National Bank J40 142 Central Trust Company 112 ys Columbia National Hunk joi Indiana National Lank (new stock).... PV) ... Indiana Trust Company 131 ... Marlon Trust Company '.. 170 Merchants' National Bank H2 Union Trust Company iso Street-Hnllway nntl Ilelt Securities. I Bid. Asked. Indianapolis Street-railway 4:5 43 Indpl.s. Street-ry. fours bonds) S24 834 Citizens' Street-railway fives lo:t U0 Belt Railway common nl Belt Railway pref 123 123 Chicago Stock. Granger Farwcll & Co.'a Wire. American Can 23 American Can pref 73 National Biscuit 41'i National Biscuit 1 ref 1 102 Diamond Match 140 Nominal. JIOMJTAHY. Ilntcs on Lonnn nml Kichnnge-llenr-iiiKw find Halnnres. INDIANAPOLIS. Commercial paper, 4 fi5 per cent.: time loans. per cent. Clearing, J1.1S3.247.23; balances, $l,s5.S01.22. NEW YORK. Money on call nominal. Prime mercantile paper, 44'u5'2 Per cent. Sterling exchange nominal, with actual br.sines-s in bankers' bills at $4.S5S for demand and at J4.s:il;'ct4.s;;,4 for sixty days; ported rates. $4. Si anl $4.8.; commercial bills. $4.S24''4.4. Clearing?. $236,535,53; balances. J13.243.vv.. ; CHICAGO. Posted exchange. J4.S4 and $4.m;Vo. New York exchange, lc discount. Clearings, J22.W7.1Ö3; balances, Jl.fii5.2iu IiOSTON. Clearings. $21.9CO,12J; balances. J1.747.S1S. PHILADELPHIA. Money, 4ff4 per cent. Clearings, Jli314.5; balances, $2,2J4.tVsO. ST. LOUIS. Money. 4Ti H peri cent. New York exchange, 2Uc discount bll. par asked. Clearings, JÖ.770.1M; balances, $:S4.(5. IJALTIMOKK. Money. 44(i5 per cent. Clearings. J3..4:2; balances. J.34.24. CINCINNATI. Money, 4tJ per cent. New York exchange. ZZ'uZjc discount. Clearings, Jl,?5.1). Specie nml MerchaiiiÜJie Movement. NEW YORK. Kxports of Filver from this port to all countries for the week aggregate $774,1.T. and Jl,iX" gol.l. Imports ol specie were JiJ7,425 iu gold and Jj3,; la

P. C. Res 24.5 Specie Lesals Deposits JUSTjUoo! 22. 0,0 " lC.OV0.2.0i 14.2,1)1 0j 19.22fc.lui' 4.4:W0, 113,454.4- 'j 23.Oy.Sooi 4. 734. OK'; 8,3S,ti0. 1.134.2.. 2.443.t.M) 167.600' 5,35 4. 4.t2J.2JOi 2$,7o;;.o"oi 6.204.7' O 14.rJ2,lvi 2.6mV A'1 6.2ü5.y'i 2.1S2.2U0: 11.7K:Uooj 17,153.400i 4.3!l.(M-k 3.42S.NH'! 2,sw,eo(i 5.7.5 3.Slt.A 2J,rVj,Oi.O l,iC5.'ii 23.552. r; 4:,sTT.lu; 3.212.SO l,0:-ö.ni J17,73A" 2,loS.O0 27,5uy7jo; l,72..v; 15,h'72.Jji 52,4O0! 2.5JH.4o; 3.1G;. 2.724.4w 1.137.;; S2.iy7,;joj 3,yy).iü0i 747.1jo; 2v).2; l'X,7'.'j 2,4oy,t! 570.SOO' 5.04 2V to' 7,l47,7(! 7l,5oO! 2,439.tfo; 334.4Oj 1S7.2O0I l,SE.2i! CK700; 71JUM'! 4Tl.eif. H55.70! 63,30 4.2is.yoo! l.ioo! 4.512.0! 12,y',4oO 378.1O0; 4.025.0f)i 3.!47.00o! 2,r37.0O0i 437.10: 20,504.21 01 tG,20o aso.ouoi 750,2001 5'J3.S0 10,y:'S.2oo 2,319.4Wi 2IS.700; 4i3.yoo 2tt.l 27.1 27.3 24.6 34). 2 2s.y 2S.0 25.1 27.4 26.4 1S.0 31.7 r.c 23.7 25. 'J 24.3 21.7 J5.7 v r 24.6 25.2 2S.5 24.7 L'4.5 22.7 26.7 2.2 24.y 2:.8 26.2 25.3 26. S 27.7 22.5 25.2 Ol? ' J. LN.7 27.4 20.a 24.1 26.1 25.6 26.1 sa.a 20.5 26.5 26.1 25.3 23.0 2S.S 2C 6 2'J 2 2617 26.0 27.0 21.0 l.Oüö.OOOi 15,471V 2,41 .Vroj 21.17,100 21D."0"i 4.471.000 5,fl.',4i 131.11t.!"0 2.507. SOO 23.175. 5.M; 62.2oOj l.W2.jAJ 52. 2X1. 4 1 17.lAh N2.1Wj 44 4..7l" 1,633,000. 6,511, 4'Ai 3;..soii 1.55S.6.nn 4'3,söo 12.3!' 41fl.3"oi 1.24::,U,i s.i:.i.j 4s4.40;')i ll.5Ji 311.5''; 5.074. no; 7.254, PA, 1.255. D. 2,010. S82,7oOi 6,7w.3Ri 4.0H3.7i..f 23.C2!,0.Oi .l.i'Ol'i 5.213.7t( 15.557.2'"': 3.2VJ.201.; 6,376,1 in 2.6S7.y'oi 12.2n4,4"Oi 5S.3ti!MU0. 4.4.J.V: 3,750,0. Hi. 3.3l.lVn 6. U24.7(tt! 4.371.11! 25.72),o0. i.yjii.iKjo; 21.SKil.00o 6SiJ.3iJOl 1.342.3v0.j 4,HJii.6Hi 13.2ül.tM 10.24W.0; 2. 473. uu 7ß.2,yoj 2.SJ3,NX)t 3.3r),tti0j 4.57,4 0; 3.411,44 0 50.527.2':)! 10, 120,3 Ai 3,llt..l'ö; 4.572.44 01 35.SJ-r..34 0 7, s7.yo! 2,31S.SiOj 7.1O1.G00I 2.114.0(01 14,S5S.X! 43.4S2.6-Vi 4,y25,0O e,stV5.koi 4.254.4VOa.ti2i.voi"i 4.213,5o'i 20.1'.'; 2.lv..O0Oi 417.i'0 1.2:,ia.o 2,5'iS.6O0 1S,.5! 22,I60.VVj 2,77r.UD. 1.475.(t 10.4U.ooo; y,s),ouo: 2.23n.10o', 74.D.60oi S,4i:l.200 3.187.UG0I 4.U2).5oO 5.4iS.:-JO 41.151.3o0! 8.'.ß'3.4O0i 2.351. W 3.044oi 33.144,500 i;.y27,7oo 2,14.r'.3o0! 3S2.2i n! 25.00(1 375.1'JCi 3.!4l7.(V-T25.KX-I B22,A 2.202.tyOi 322,3001 1.5.S7.7O0 42T..300 2.153.44 m; 7,2)ö.700i 2.rs.ovi 12.2W.(Hwj 2'j,5r'-.Jo.i 4.522.'j 6.Si5,U0i 4Ä"'; 7,75S.! 4.25S.Äi'i 1,277,80 sj 447.UXM 1.503 0-.O! S,878.5fl0! 47.000 ."SJ.OlM 2,3i,4,iKX; 2,5ir..2' M'J.O'K" 525.0 V 2o7.2' .,70'. 21!G.7m 3, 240.100 bll.1'0 l,51S,4i 7lO.a"0i 2.7r.oooi lOl.trX)! 2,'J5&00: 26.0 ''j -, . . $v67 6.7)o'$17?.y36.4fXV$71.4.701$.36.4J2,2:o! 26.7 LG&X&JÜ! 3.53t.CU0l 626j 6.7Wt40'l k i ä: Clearings for week ending Sept. ending Sept. lAd, 5uJ.oh.J11.oJ. , silver. Dry goods and merchandise imports were valued at J10.C24.214. Money Hates Abroad. LONDON. Money. 2T3 per cent. Discounts: Short bills. 2 3-16W2U per cent.; three months' bills. 2U2 5-16 per cent. PARIS. Three per cent, rentes, lOlf 5c for the account. Pxchange on London, 25f 2IV5C for checks. Spanish fours, 70.40. BERLIN. Exchange on London, 20m 2sVvt for checks. Discount rates for settlement: Short bills, 4 per cent.; three months' bills, SU percent. 31nrkets for Silver. NEW YORK. Bar silver, 5SUc; Mexican dollars, 431-2C LONDON. Silver bars closed at 27d an ounce. Treasury Stntement. WASHINGTON. Saturday's statement of the treasury balances in the general fund, exclusive of the J150,CX)0,00) gold reserve In the division of redemption, shows: Available cash balance I190.632.2S3 flold 103.2S7.675 Silver 21.22S.W5 United States notes 9,404,475 Treasury notes of 18140 71,6T3 National bank notes 9,730.371 Bank notes for redemption 442.346 Receipts and Expenditures. Saturday's receipts $1.4r6.Vx) September receipts 4l.n1.3.0 Receipts this year l,275,S3ti Saturday's expenditures 1.170.000 September expenditures 31,750,000 Expeditures this year 123.409.oS8 Deposits in national banks 12S,354,C4S Saturday's Receipts and Balance. Internal revenue JSS2.G24 Customs 611.164 Miscellaneous 22.210 Total Expenditures $1,515,99.? .......... 1,1.0,00) Saturday's credit balance. $343,993 "WEEKLY I1AXK STATEMENT. Arrival of ."5,OO0,OO() in Gold Makes tlie Irospect Easy. NEW YORK, Sept. 2S.-The statement of the associated banks for the week ending to-day shows: Loans, increase J1.6f0,500 Deposits, Increase 6,090, 400 Circulation, decrease 423,800 Legal tenders, increase 626.800 Specie, increase 3,534,600 Reserves, increase 4.1C1.40O Reserve required, increase 1.522,600 Surplus, increase 2.63S.S00 The banks now hold J16.293.025 in excess of reserve requirements under the 23 per cent. rule. The Financier says: "This statement, like the preceding one, was doubtless made upon rising averages for cash, the payments for bonds in the closing days of the bank week having been comparatively large. Moreover, there was an arrival of J1.0K).000 from Kurope after the close of the bank week. The $2.000,000 gold which arrived last week from Australia will be transferred through assay office checks to this city during the current week, as also in all probability will the $1.600.000 gold which has arrived at Port Townsend, Wash., from Cape Nome. This makes over $5,000,000 gold, which, it is reasonable to suppose, will be added to the cash of the banks this week, besides the amount which may be paid for bonds. The bank situation for the immediate future therefore seems to be encouraging, showing a continuance of easy monetary conditions. It should be observed, however, that there is a concurrent drain of money into the treasury on current fiscal operations and to the interior for crops, which may easily cause more unfavorable conditions, and these could scarcely be avoided should bond offerings to the treasury materially decrease in volume. So far as the banks can control th situation, it is fair to assume that they will strivo to make as favorable an exhibit In this and the succeeding week as possible in anticipation of the October call of the controller of the currency for a statement of their condition. The new controller will doubtlesj make an early demand for such a statement." rniVATE WIRK ADVICES. Short Interest Seem Again Disponed to Cover It Lines. Meyer &. Riser's Telegram. NEW YORK, Sept. 28. The feature at the opening of the. market was the scarcity of stocks for sale. Commission houses seemed to have a moderate amount of buying orders, while the short interest was again disposed to cover. Railroad stocks advanced rather easily, more especially St. Paul and Union Pacific, Atchison and the Vanderbilts. The Berwind pool was thought to be active in Atchison, and the buying was based upon the expectation of a favorable statement for the fiscal year ending June 30. Before deducting the preferred dividend, which has been increased during the year to the extent of over $2föü0,0oo, the balance showed an increase of over $2.700,OoO. The increase in preferred dividend and the initiation of dividend upon the common stock resulted in a decrease in the surplus as compared with IS') of over $l.3'0.0. but the surplus for the year was over $o.2o).iriJ. The showing may be called an extremely gratifying one. With the exception of Amalgamated Copper and Anaconda the market held strong until after the publication of the bank statement. The market sold off. the decline beinf? probably due to proflta-taking as much as to anything else, and at the close about half the early gains had been lost. (iuoiI Jltiyiiifr Early. Granger Farwell & Co.'a Telegram. NEW YORK. Sept. 2S. The market opened near last night's close in most cases and advanced on buying for both accounts in expectation of the bank statemenL- The covering of shorts was especially notable in Atchlnson and to a less extent on other stocks. After the bank statement appeared there was selling to realize prolits.

Loans

which resulted In many stocks losing their advance. The advance in Toledo & SL

Louis has been expected by people on the inside. There was little stock offered, and it advanced ouickly when buying orders were sent in. Copper was strong early, but was one of the first to weaken arter tne bank statement came out. CORN DROPS 1 1-4 CENTS AFFECTED BY LOWEIt CADLES AM) (JOOD CItOI WEATIIEU. "Wheat Resists Treasure nml Rise a .Mere Shade January Pork Product lp 2 l-2c to 5c. CHICAGO, Sept. 2S. The customary dullness of Saturday's short session prevailed on the Board of Trade to-day, and under bearish conditions December corn closed Pic lower, December wheat a shade higher and December oats gljVic lower. Provisions closed 2Uc to 2Vc higher. Corn opened heavy and ruled weak all day, December starting UQc lower, at 57:4lö57,c, on lower cables and fair weather lor maturing the late crop. There was a feeble attempt by the bull party to press the price back, but December held 570 only momentarily, and on liberal offerings by longs who bought early In the week December broke and declined rapidly, closing weak and Pic lower, at 5jc. Receipts were 31S cars. When wheat opened a small bear ring succeeded in pressing the market for December under 70c, and it looked for a time as if it would stay there, especially with the influence of a slumping corn market. December started ic lower to unchanged, at CUTsSTOHiC, on lower cables and liberal receipts, and, with the Northwest a seller and a seeming exhaustion of buying orders at 70c, the sales kept around 69"ic for the first hour. A fair outside demand developed, however, and on shorts covering the market touched 7oti70V2C and closed eas3' and a shade higher, at 70Vfe&7oUc. Local receipts were 12s cars. Minneapolis and Duluth reported Sd6 cars, making a total for the three points of 1,044 cars, against 1.422 cars last week and 612 cars a year ago. Primary receipts were 1,157,000 bu, compared with 181,000 bu a year ago. Seaboard clearances in wheat and flour were 631,0o0 bu. Oats were more active than for several days, though under the Influence of corn the market was weak. December opened Hl'Uc to He lower, at 35s;ö25Tic to 35T8c. and following the breach in corn and on a liberal liquidation declined and closed weak at the bottom ligure, WUHc lower, at 35 355c. Receipts were 221 cars. Provisions were dull, though Independent of the grain market. Local buying and a strong hog market strenthened January products, and January pork closed 2tf5c up, at J16.15'Tlo.l7H. January lard 2'c higher, at J9.50, and January ribs 2Vic up, at $8.35. Estimated receipts for Monday. Wheat, 105 cars; corn, 330 cars; oats. 210 cars; hogs, 30.000 head. Leading futures ranged as follows: Articles. Open- High- Low- Clo!Wheat ing. "st- l- inff. sept .. 61; 6s-6si f.si esvH Dec ... 6:-,-7rti 70V70i 7 7Ji,-7C4 May .. 72V!r72- 73Ti T'H Corn fept .. r.c r.r, &' F.r.4 Dec ... r - f.G4 58' i.-4 May .. nS'g-j Oats r.t 3:.', Dec 33 354-3;' 37'i-375, 37S May .. 37.v37;a 3. Tork Oct ....$l."..0rt fir.fC, $14.97'i 114.97" Jan ... 16.12'i 16.23 Pi.l2'2 16.17, May .. 16.32 16 35 16.0 16.30 Lard Sept .. 10.22'i 10.22U 10.224 10.214 Oct ... 10.0-1 10.10 10.00 10.i7'i Jan ... !."') .R24 J-0 May .. 9.0 9.Z.5 9.r.u 9..-0 Ribs t ' t 10 Oct ... 8.S24 s.r, R.S-J4 8.S74 Jan ... 8.324 SS74 8 324 8.30 May .. 8.40 8.43 'S.40 8.424 Cash quotations were as follows. Flour steady; winter patents. $.'.501x3.60; straights. $Va3.40 clears. $2.801i'3.40; f-pring special. $4'tx'4.10; patents.' $3.3'Jfi3.0: straights. $2.8X73.20. No. 3 srring wheat. 66f?G9c: No. 2 red, 7fx"'4c. No. 2 yellow com. 57l-jc. No. 2 oats. 3.Vfi 35Tc ; No. 2 white, 37&3c; No. 3 white, S6i '5374c Fair to choice malting barley, WiKOe. No. 1 flaxseed. $1.66; No. 1 Northwestern. $1.C6. Clover seed, contract grade, $S.2.". Prime timothy seed, $S.3ü'cf 5.M). Mers pork, per nrl. 101x15.03. Lard, pvr 10 Ihg, $1) 2u ttflO.224. Short rib sides loose). $S.S39. Drytalted shoulders (boxed), $7..Wr7.73. Short clear sides (boxed), JS.WV&.SO. Whlfky, basis of high v.ines, $1.30. Receipts Flour, 22.000 brls; wheat. 131,000 bucorn, 334.000 bu; cats. 2&2.0DO bu; rye. 8,vx bu; barley, 41.oo0 bu. Shipments Flour, 20, x)0 brl wheat. 13S.0O0 bu; corn, 403,000 bu; oats, 117,000 bu: barley, 84,000 bu. AT XRW YORK. Corn Wnn Off and Wheat Closed Steady Coffee nnd Sugar. NEW YORK, Sept. 2S.-Flour-Rece!pt?, 21,105 brls; exports, 10.S70 brls. Market neglected and barely steady. Wheat Receipts, 113,550 bu; exports, 1,547 bu. Spot easy; No. 2 red, 75c f. o. b. afloat; No. 2 red, 75ic elevator. Options opened easier, owing to foreign selling of May wheat, local liquidation, big Northwest receipts and prospects for bearish statistics on Monday. Jater they partially recovered on covering and closed steady. May, 78 9-167S"c, closed 78ric; September, IZ'QlC closed 74c; October, 73U'a734c closed 73Vic; December, 7573 13-16c, closed 75c. Corn Receipts, 71,300 bu; exports, S7.36S bu. Spot easy; No. 2, C3c elevator and 62Xc f. o. b. afloat. Opticns opened easier on the sharp drop In cables, and further declined under fine weather West, liquidation and poor support; closed weak. May, e.:, 6213-lSc. closed C2c; September, 62'iWc, closed 62⁣ October closed at 62c; December. 62H$2Tic, closed 62Hc. Oats Receipts, 89,500 bu; exports, 42.2W bu. Spot quiet. Options Inactive and easier. Lard firm; Western steamed, $10.45; refined firm. Coffee Spot Rio firm; No. 7 invoice, 5?ic. Mild steady. Sugar Raw quiet; fair refining. S'ic; centrifugal, test, 38;c; molasses, 2 31 -32c. Refined quiet; crushed, 5.75c; powdered, 5.35c; granulated, 5.25c. trade: i. gcxeral. quotations at St. Louis, Baltimore, Cincinnati tnd Other Place. ST. LOUIiJ. Kpt. 28. Flour Market dull and easy. Red winter patents, $$.40 3 3.64; extra fancy and straights. J2tf3.15; cir. $a.4:G2.GS. WheatNo. 2 red, cash. 7 4c; September, 704c; December. 71Vtf7lHc: May. 744c; No. 2 hard, C4c Corn No. 2. cash. 67c; September, 37c; December, 374c; May. ü: Vj34c. Oats No. 2. cash. 27c; September. 37c; December, 274c; May, 34-'; No. 2 white, aac. Timothy aeed firmer at $4.7-1 3.30, with prime worth mrre. Corn meal lttady at $2. In). Bran unchanged; acked. at track. 77't7:e. Hay dull; timothy, $J.Mxyi3; prairie, not quoted. Dry-salted meat (boxed) strong at 4c Letter ; extra short. $3.23; clear ribs. .U24: clar sids, W.M. Pork firm; Jobbing. $1. LarU highr at $'..974. Lacon boxed) tror.g; extra short. $10.25; clear ribs, $10; clear sides, 110.07 4- Whiiky steady at $1.3o. Iron cotton ties. $1.20. Ragging. &Vx7o. Hemp twin, 9c. Recoipta Flour. 9,v.0 brls: wheat, 26.VJ bu; corn. JVmo bu; oat. 2jm) bu. Shipments Flour. 8.0C0 hrls; wheat, ll.ew bu; corn. 22. wO bu; oats, 31,o0 bu. LOUISVILLE. Spt. 2i "Wheat-No. 2 red an l longberry, 71c; No. 3 red and ljngberry. 6W-. ApplesSun-dried. 3414c Kr lb for brtiht. 34c fur dark. Peaches, 24c Timothy sed, $2.eo per bu; fancy bluesra.-s. S3c4ifl; extra clan bluegrass. 33c; rel clover. $3.5iM. Hay ChoUe. in car lot on track. $1.V313.6; clover. $lu. 6' i 1 . iu. Clean ginseng. $4.6C'j4.73 pr lb. New potato , $3 lr bn. Union. J2a2 23 per brl. Catbg $lfil.23 per brl. $ It 'a 20 lr ton. Cren b-an;. 11 per bu. Green corn. flxl.25 per brl. Lima bean, iu'ilfc jt gallon. LIVERPOOL. Sept. 2S. Wheat Spt duli: No. 2 red Western winter. I 6J; No. 1 northern sprinz. 3s 741; No. 1 California, in 104-1. l uturV iulet; December. 3 7J; March, is hl. C'rn Spot quiet; American mixed, new. In id. Future duil; October. 4 ll"Vi; Novenut-r, 4 1141. I'uik firm; prime Western n:es., 61. larJ uteaJy; prime Western, in tler efc. iv 5J; American reilned, in pat:. tj 9J. liai-on ij-j t; lung clear middles, Ilfht, tls; lor.g clear m'ddles. heavy, t'.s S 1. IJr.keed oil Heady at 22. IJAlTIMOIiE. Sept. 2. Plour dull and unchangd. Wheat very quiet; Fpot and the month. 7lVd72c; Ootcber. 71Vt74c; l-ecen:l.f r. 74';744; te'nmer No. 2 red. lffAc; Southern by n;impie. i72lc; Southern on grade. i.uj'2lc. I'orii dull and lower; mixed tpct and the m. nth, tr iLiCl4c; October. 61c aikel; yar. 374:7gc; tnainir mixed. 6J4'U04c; Southern white and yellow corn. 2fi64c. Oat trady; No. 2 white. 3's:2y4c; No. 2 mixed. 3Q34e. Rye firm; No. 2 near-by. 33C34e; No. 2 Western. .r64c KANSAS CITV, Spt 2. Wheat September. G44c; December. C'.46i4c- May. 7j4',x It'Sc; cafh. No. 2 hard. CrlMc; No. 2 re.l. 7vu74o. C'r September, 3:4c; Decemhrr, 374c; M ty. is4-c; cah. No. 2 mixtd. 374'u:V; No. 2 white, ;.v...s4c. Osts No. 2 white. 253e. ReceiptsWheat. S2.40 bu; torn. i'),i) bu; oat. 12.oio bu. Shipments Vv heat. 33.CUJ bu; corn, 2j,vj bu; oat, t.lw t'U. TOLRIM1. Kept. 2S Wheat dull and steady; cah and September, 74-' December, jj'c;

INDIANAPOLIS LIGHT AND POWER COMPANY. The American Ixvan nnd Tnt CompanT, Ronton, .MasHachusetts, Trutee, under an I:dentureof Tnt with the Indianapolis Llrht and Rower Company, dated Jun' I. ls:U. hereby Invitee propokal to Veil to It $.fi, par value, Fl rK Mortui ire C ier cut. lU.nds cf Kild Indlunapoli Liulit and l'rer t'omany. and that sealed onvAU tiffering ald boiuls or snr part thereof Indorsed "PROPOSAL TO Ml. LI. INDIANAPOLIS LIC;iIT AN J I'OWCK 1'KIE CLNT. llOMiy will be received until n on (Vtob. r J4. liil, the rl;ht lelng reined by said Trustee to r;ect any or all proposal. AMERICAN LOAN and TRUST COMPANY Jruitee By N. W. JORDAN, TresldenL Roton, SeptrtTiiber. IM, 1101.

SAFC UCI'OSITS. S. A. FLETCHER & CO.'S Snfo Deposit Vnult SU 12at AVhlnaitott:Street. Absolute safety agatnU fire and burglar. Tollfeman day and night on guard. Designed for safo keeping of Money. Bond. Wills. Deed. Abstracts. Sliver Plate. Jewel, and valuabi Trunks, Packages, ttc Contains 2,1) boxes, Ilent $3 to 915 Per Year. JOHN S. TAHKlf.TO - - - Manager. May, 7tc. Curn moderately active und weak; casdi, September and D'-ccmlxr, 37c; May, W-Sc. Oats dull and easier; ca-h anl September. 27c; December. 374c; May. 3c. Rye. ;'44. Clover teed active and steady: prime oath and October, $3.174; December. $3.2. , CINCINNATI. Sept. S Vhi strT!r: N. 1 red. 74c. Corn firm: No. 2 mixed. Cl'yfat-c. Oatu ptror.jr: No. 2 mixed. 2: ."i CS 4c. Rye firm; No. 2. f.Sc. Iard firm at $: M. Rulk meats firm at $i.23. Haron firm at $:o.30. MINNEAPOLIS, Sept. 2S Wheat Cash, S4e; December. 674c; May, 7uc; on track. No. 1 hard. 724c; No. 1 northern, $c. No. 2 northern. ft"4c. Ml I AVA l'KK C. Sept. 2S. Darley dull: No. X. 3?c; hample, 43y3?c. Dutter, Cggs and Cheese. NEW YORK. Sept. 2S Rutter Receipts. 3.093 packajref. Maiket strong; State dairy. 142r4c; creanury, 13'(22c; June creamery, 2'ij214c; June factory. 14415x134c Cheese Receipts, 3.217 packapes. Market strong ; fancy large, colored and white, f:,c; fancr ftnai:, c. lored. 9T!lc; fancr j-mall. vhite. 54tJ:c i:ces Receipts. 6.474 packages. Market sterdy; State and I'ennsylvania. 217x22c; Western candied. 20421c; Western uncandled. I7jj2i.4c. RALTIMORK, Sept. 2S. Putter firm anl unchanged; fancy imitation. l;ilJ4c; fancy creamery, 2ix224r; fancy la He, liijllc; store tarked. 12U14C. Kgn firm and uncharge j; frech. 14 19c. Cheese firm and unchanged; large, S,41xlv4c; medium. b.'4ülü4c; small, l.4'ö U'c. LOUISVILLE. Sept. 2y Packing butter. 11TS 114c per lb: common countrr. 114c; good. 12; 13c; LIgln. 22c In 6j-lb tubs. 2C4c in 30-lb tubs; Klgln jKund prints. 24c. Kirgs, 1". CHICAGO, Sept. 2S On th l'ioduc Exchange, to-day. the buttc-r n:areet was sUady; creameries. 14'x21c; dalrlos. t3ui7c. Cheese steady at l'jllc. Lggs steady; fresh, lC4o. KANSAS CITY. Sept. 2S. Eggs steady; freh Missouri and Kansas htook. 13c dozen, loss oft. cases returned. ST. LOUIS, Sept. 2S.-Ruttor fteaiy; crramerj, l'U 22c ; dairy. lSy 17c. Eggs steady at 16c. CINCINNATI. Sept. 2S.-Kggs quiet at 17c. Dutter and cheese unchanged. Wool. LONDON. Sept. 2S. The offerings at the wool auction fa lea to-day numbered Id, 72 bale, uf good quality. There was a steady demand from home and continental buyers. Scoureds were firm and fine cros bred and cn.s breds sold at full rates, com extra superior Victorian coured lambs realizing 2 bd. Medium and faulty grades were qulter and withdrawal wr more frequent. C)ie of Good IIeps and Natal was in iroot demand. Durirr the week 133.X bales were eifTered of which 5.2CI were withdrawn. The offerinirs for next week amount to 7s.li bales. Following are to-day's sales In detail: New South W'ale. 3. WO bales; scoured. 2d'Jl 64d; greasy. 24-; lld. Queensland. K bales; scourl. 74d; greav, 4qb4d. Victoria, i,lU bales; iK.oureJ. 4'd'ti:a 5d; greasy, id'ffbi. South Australia, bales; fcoured. Is 24d jls and 4d; greasy, 34f4d. New Zealand. S.fc.xJ bales; fcured. &4dixls 'd; Kreay, 2s.üU4d. Cape rf eiood Hop and NatalJ I.'X) bales; !coured, S4dls 64d; greasy, fVa74d. The arrival of wool for the next series of th wool sale number 1S3.149 bales. Including S6.0xJ forwarded dlreAt. Imports for the week: New South Wales. 1,163 bales; Victoria, 47 bales; South Australia. 1S2 bales; Cap of Ood Hop and Natal. 71 bale; and elsewhere, 21 bale. ST. LdUIS. Sept. .-"Wood dull, nominal. Medium. lrV'J17cv Hirbt flna. 1241j14c; heavy fine, S4'tfll4c; tub washed, 1224c. (Ilia. NEW YORK. Sept. 21. Petroleum firm. Refined New York, 7.6.V; Philadelphia and Raltlmore, 7 60c; PhiladolphU and Ralttmore In bulk, 3c Turi-entl:.e steady at 204?f37c. WILMINGTON. Sept. 28 Sprits of turrntln firm at 33c Rosin, nothing doing. Crude turpentine steady at $1 to ?1.S. Tar firm at $LC3. MONTPELIER. Sept. 2 Crudo petroleum steady; North Lima, He; South Lima and Indiana, SMc CHARLESTON, Fe-pt. 2S. Spirits of turpentine dull; quotations emitted. Rosin firm and unchanged. SAVANNAH. Sept. 28. Spirits of turpentlr.a firm at C3c. Rosin firm and uncharged. OIL CITY. Sept. 2S. Credit balances, $1.20; certificate, no bid. Faultry. LOUIS VI LLK. Sert. 23 Hens. 8; per lb; spring chickens. VtrlOc pr lb. $1.5362 per dozen; your.g ducks. 7"5c per lb; geee. full-featherel, H'g 4.23 iT dosen; turkey t.. 8y9c per lb. NEW YORK. Sept. rs.-poultrj-Alive firm; springers. 12c; turkeys. VtxlOc; fowls. 11c. Drest-ed firm: fpringera. 124(13c; fowls, turkey, K"ari2c ST. LOUIS. Sept. 2!?.-re-jltrr quiet; chkkers., 7c; springs. 74'u?: turkeys, 74c; young, xy7c; ducks. 6c; geese, 4Q3C. CHICAGO. Sept. 21-Iced poultry steady; turkeys, C'iiSc; chickens, including springs, fc4öl0c. Dry Goods. NEW YORK. Sept. 2S The market for all descriptions of cotton KCods has been quiet to-day. Fully as much attain n given to yatht rar new a to business. Pri e unchanged throughout, l'rlnt cloths are dull for regulars and barely steady at 3c. American cotton yarns weak ani itregularly lower than a week ago. Metala. ST. LOUIS. Sfpt. S Lad lower at 4.2740 4.3cc. Spelter weak at 8 24c. wncKLY iiamc stati:mi:ts. .Moremrnt in Have Them AIo1laLel IlerauMe Tliey Are Harmful. V G. Nicholas, in New York TeleRTaph. A jitronsly organized movement is oa foot in the VVall-Mreet district to have th weekly bank stat'-nvnts abolished altopether or else changed to ?how actual oonditlon. Under tho rrent arrangement! tho trust rompar.ief are not Included in th list ejf fiscal inftltutlonst whose report make up the weekly exhibit, and wita them left out the grand footings are oftentimes misleading. More than that, tho way is open for manipulation and JugRlinxr. and to such an extent is fine work behind tlw acenes practiced that the bank statements are looked upon with open suspicion. They have become disturbing factors in tho market anl almost have ceased to bi of practical use la the dire'ctions intended. During the last f?w years the trust companies havo Increased in numler and importance, in Wall street. They lend Immense sums of money and many of th richest commission and brokerage concern keep accounts there for the accommodations they receive. Their deposits and their transactions la the money market re hot as large as thou of the sixty-two bankh e-omposing th ClearinR-houe Association, hut they art entirely too potential to be ignored in statements purporting to correctly represent th financial conditio!; in the metropolis. Tho men who are moving for a change aert boldly that tho v.tekly bank Statement should include tho. trust companies or ba abolished as positively harmful. mi!eadlr:f and elisturl ing. The Vanderbilts were especially active yesterday and made the greatest advance s tcored. The minor prope rt!-s in any way identified with thf VunJerbilt system wert notably active. This was pirtlcularly tb ca e with many little properties in MIcMga i. Onio. Indiana and Illinois. Stocks that nobodv ev r lieanj of. er that had ber blotted from reci'lb cti-n, were in active dcmanl all day lorg. This was taken by tha Vanderbilt FiecialistH to foreshadow art t arly constirnmati n of consolidation plir 1 embracing Michigan f r.trai. Canada Southern and possibly Nickel-plate as Kiep toward th- greater cnst)Iidatbn the future is bt-lievetl t have in store fcr the entlrt Vaiil rl lit grenip. Important conferences and lirectors metlai;s affctli:g Northern Tadflc, tJrett Northern and Union l'acüi-. us Well as SL l'aul fortin s. aic In rr gtes ami hava been for several diys. They are likely to continue fT several days lonvjer befora mattem under li-f usl.n can te settled to the satlsfav !in of the magnates engrtgei in the sparring. The Morgan Interests art being rerresented by Mr. ltteon. hi- partner. J -ernes J. Hill Is here tn person to I..0J1 after Ids own interests, an! Sir. Harrlmnn is Mip rvisir.g the Unbm l'aci!: end of tha proceedings. Tlie Standard Oil holdlrgs In Union Paeitle have Incre . I to sc.ch an extent as t eiititle tht party to tin Increased retreentatlon lu the directorate. arl It will b a'coriled the pri11"ire of nmi"g eiibvr on u two mere members of the boaid.