Indianapolis News, Indianapolis, Marion County, 4 August 1897 — Page 6

THE INDIANAPOLIS NEWS, WEDNESDAY, AUGUST 4. 1897.

THE IID VEEK MARKETS

WBDNKtDAT PRICES IK GREAT CEREALS.

THE

SaHUmapoIl* «a« Chlc««o Live Stork mmf, ProvtsloMa — Brokrra’ Um*1h —Trade Commrnta— Loral Jokblaa Prtcea.

11'

■

Outlook tor Coro. Chicago Tim**-Herald.

Private and public crop reports due during the first week in August will show marked local changes In the sltua-

H aton bf the corn crop. On July 1 condi-

tions were generally low. the result of late planting and slow early growth. During the month the weather has been warm and forcing and some of the delay has been made up. In the general condition, however, there has been little change. East of the Missouri river the prospect has Improved, and the State averages will be higher. *In Iowa there has been UUle change and a low condition at this date means much more than It did a month ago. In Kansas there has been positive loss of prospect and the average for that State will be low. In Indiana and Illinois the crop now promises well. With local exceptions there has boon plenty of rain, growth has been rapid and while there is no prospect of a bumper crop, these States promise a good yield. The changes In Missouri have not been marked, and only a moderate'rate of yield can be expected. The local situation In Kansas Is variable, running from an almost perfect condition In the northern and north central countiee .through all gradations of yield to practical failure in some of the southern and southeastern counties, where drouth and hot weajther were experienced at a critical stage In the history of the crop. As a very large proportion of the com area of the State la In this latter district the loss here will materially lower the aggregate of the State. In a large and Important territory there was a season of heat and drought Just at the period when the crop was tasaellng and the tassel was Injured before the silk on the ears appeared. On this account the fertilisation of the ear was Imperfect and the yield of grain will be very poor, even where the rains were received In season to revive the

stalk. A drop of 16 points . conditional average of the

tbe month of July will not

be surprising. Grain and Provision Xotes. By O. D. Weaver A Co.’s Wire.

The weekly weather crop bulletin for Missouri Is almost as bad as the Kansas. It says the corn crop Is now in a critical condition and a few more days of hot weather will result trt great loss Rains will save much of the corn. There was rain in Miasouri last night and more

promised to-dsy.

Topeka: The State director of the United States Weather Crop Bureau says great damage to com In Kansas last week. There were hot winds over most of the State after Tuesday. In the eastern portion com Is in good condition, but damaged in most of the other sections. The world s stock of lard, according to statement, shows 577,500 llerces, a decrease for month of July of 16.000 tierces; stock August 1, last year, was 623.000

Provisions are strong. The In hogs at the yards keeps

were received growth of the In the general State durind tl

els. •com 567,0* bi ■ Estimated recei 175 ears.-com 980

receipts at Chicago: Wheat

_ 980 cars, oats 500 cars, hogs ^Omalfa^recelved 7,000 head of hogs, and

Kansas City 15,000 head hogs.

Exports of wheat and flour were: Wheat 413,822 bushels, flour 36.506 packages. equivalent to 581,000 bushels; corn

168,311 bushels. 1 ; r

The Crop Destroyer.

Northwestern Miller.

Now Is the time when night and day the crop destroyer sings his lay. O'er field and forest, hill and dale, resounds his sad and dismal wall; and millers, wakening In affright, He restless In their beds at nlghtr In troubled dreams, they r the sound, “There’s not enough to around”; the same old singer, same song, the same old game, the season long. Meanwhile, in many a sunny field, dame Nature ’tends a bounteous yield. From south to north, one sea of grain proclaims the prophet's story vain. This does not stop, a little bit, the crop destroyer In the pit. He keeps on calling, calling still, in accents anxious, sharp and shrill: “Just read this letter, see this wire! The market's up; It’s e-olng higher! The crop is ruined! Til be bound there ain’t enough to go around!”

Old and New Cora.

An Omaha (Neb.) dispatch says: “Copies rains have fallen all over Nebraska, ratting an end to the hottest period of reether experienced In many years. Grain operators of Kansas City, St. Louis, Chicago and tbe East have been the grain men of Nebraska to ascertain the effect of the heat on the com. Every county has been heard from and not one reports damage. In fact, all return the most flattering reports of rn crop. So much so that the first te of 800,000,000 bushels Is now to *0,000.000 bushels. All the oM com held over from last year through fear of a crop failure this year is now being released with a rush. Farmers have 140.000,000 bushels of this old grain, and can not get cars fast enough to get

Brokers’ Gossip. By L. W. Louis's Wire.

New York. August 4—Dow Jonee says:

- factories to telling ^■(MHlThe demand Improving, and If the

Of Improvement continues, say the production for the __ eeed dll previous estimates, companies are starting up on their six months. The buying of coal

people Identified with

of them high They tell their Ing for Inveat-

which

stocks on SL Paul

d 882,

mew i ora. Auguei

tor coal Is dally Improving

Were**- ^ Chicago: F

dally advance ... ... .... ^ the shorts here buey covering, "but it Is a long lane that has no turn"; it is

about time for a set-back.

Closing cable: Liverpool—Wheat spot 1 eittd higher, futures l%#2d higher; corn spot %d higher, futures higher. Farts—Wheat 26@60c higher; flour 20@30c higher. Antwerp—Wheat 75c higher; Antwerp advance equal to 4c a bushel.

First Markets.

Primary market receipts of wheat were 776,750 bushels, against 539,000 bushels the corresponding day of last ymr. Minneapolis received 112 cars wheat and - Duluth 55 cars, a total 167 cars, against 828 cars the corresponding day last year. SL Louis: Receipts—Wheat 45,000 bushls, com 60,000 bushels, oats J4.000 busheta. Shipments—Wheat 8,000 bushels, corn dP 41,000 bushels, oats 17,000 bushels. Toledo: Receipts—Wheat 186,892 bushels, com 44160 bushels, oats 13,000 bushels. Shipments—Wheat 64,500 bushels, com 7 Chlcagof ,8 Recefpt^W , heat 164.288 bushels, com 1.275,800 bushels, oats 837,600

|K,.: if

m ri

RCO-.-^tOKS.

Various

s&Hte ta; First “ i5£i T'TfC *

*Hc; G«ne*M*. Site; concords. Skc: Warren. Siieaia—Lonsdals. No. 1, XV:: EneUah AA. 11V; Knyllsh A. 10c; English B. 8c: Argus.

H|o; Victory O. 4kc

Tickings—Amoskesg. ACA. 10Hc; Cordis. ACE. 10V: Conestoga. BF. Kite; Hamilton stout awnings. *c; Leno* fancy bookfold. 18c; Diamond t>.«okfold. Ukc; Oakland AF. «c; Lewiston. H Inches, like; Warren bookfold. lOHc; Lenox VX. 18c; Thcrndyke D, #c. Coitton Duck—Tallaseee. 7 ounces. 80 inches, 8e: Tallassee. 8 ounces, SO Inches. 8Hc; Tails*see. 10 ounces. »kc: Savage. 10 ounces. 84

inches. IfHo.

Shirtings. Checks and Chevlota-Amoskeag. ?kc: Economy, 4'tc. New South. «Hc; Rotunda. 8He: Riverside. Skc; Tuxedo. 8Hc; Otis, W*c; Amoekeag plaid classics, 7140; Amoskesg stripe cheviots, 8c; Edinburg. 7c;

Everett Chambray stripes, Tttc.

Brown Cottons—Atlantic A. 38 Inches. SVic; Atlantic H, 88 inches. Site; Atlantic P. 38

Inches. 4kc; Atlantic LL. 86 Inches. 4lie; American MtUa. 88 inches, 414c: Armory shirtings. 88 Inched. $V4c: Archery. 36 Inches. 4c; Comet, 88 Inches, ic; Constitution. 36 lnch<

American

comet, m tnenes, #c; Constitution. 36 Inches, 8c; Boot C. M inches. 414c; Boot FF. 36 Inches, *c; Boot X3C. 88 Inches, 814c; Buck's Head. 36 inches, Itye; Badger LL 38 Inches. 4c; Household Superior, 38 Inches. 414c; Long Branch. 38 inches, 4c; Sea Island. 88 Inches, 4l4e; Statue Liberty. 88 Inches. 5c; Pepperell, 8-4. 1214c; Pepperell. 8-4. 1314c: Pepperell, 10-4, 15c; UUca C. D4r: Utica. 8-4, Me; Utica, 10-4. 18c. Prtnta—Allen fancy. 4Hc; American Indigo. 4t4c; American shirtings. 4c; Merrimac shirtings. 414c; Arnold long cloth B. 744c; Arnold long cloth C. 544c; Berwick fancy. 3>4c; Berlin solids. 8c; Berlin three-fourths Turkey reds, 8c; Berlin three-fourths XJrtCX Turkey reds. 8c; Cocheco fancies. 444c; Cocheco madders, 444c; Portsmouth robes. 444c; Harmony fancies, 344c; Mancheater fancies, 4He; Pacific mouseellnes. 5c: Pacific mournings, 4Hc; Slmpaon mournings. 4V4c: Venus oil blue and green.

5c; Windsor fancies, 5c.

Brown Drill—Boot A, 28 Inches, 6Hc; Darlington. SO Inches. SHc; Dwight, 38 inches, No. 250. 8He; Mohawk. SO Inches. THc.

Provision*.

*ge.

ble”: lOHffHHc for ••Indiana”; hamlets. 6Hc Breakfast Baton—Clear, English-cured "Reliable," lOHc; "Peerless." I0c: Lily, 8 to 9 lbs. 844c: 10 to 12 lbs, 8Hc; 6 lbs. 8Hc. Bacon—Clear sides, about 50 lbs average. «44c; clear sides. SO to 40 lbs average, Ct4c; clear sides, 20 to 30 lbs average, 7Hc; clear bellies, 18 to 22 lb* average, ic- clear bellies. 14 to 16 lbs average. 744c; clear backs. 20 to 80 lb* average, none: clear backs. I to 10 lbs average, 644c; French backs. 6c; Hitches, 8 to 10

lbs average, 64tc.

Shoulders—"Reliable," M lbs average, 7c; 10 to 12 lbs average. 8c; sugar-cured “Indi-

ana." 10 to 12 lb*, none.

. Lard—"Indiana.” 644c; "Reliable,” 544c; ket-

tle^endered. 6Hc.

Pickled Pork—Fancy boneless pig. 112.50; bean, clear, 111.50; family. 811.00; clear backs.

18.75; rump. 88.5*.

Fresh Pork Leins—Short cuts, 14 to 20 lbs.

Fresh Pork Loins—Short cuts, 14 to 20 lbs. 644c; short cuts, 1C to 12 lbs, 7c; short cuts,

8 to 9 lbs. 744c.

lams, 5Hc; skinned shoulders, G44c; or nork roasts. 444c; tenderloins, ribs, 4c; trimmings, 8c; hocks, 4c; i. Sc; shoulder bones, 2c; tall bones.

Cottage hams, 5%c; skinned shoulders. G44c; ham biitta or nork roasts. 444c: tender" 10c; spare small bos. 4c; pigs' heads, 2He. Dried Beef Ham*—Regular aeta. 18c; outaidea. 14He; Insides. 1744c; knuckles, 1844c. Sausage—Bulk. 444c; link, 444c; smoked pork,

5Hc.

lie, is »o tv IDS avemge, oainmru name, 18 to 20 lbs average, 1144c. Boneless tarns, THc. Breakfast Bacon (boneless)—English-cured, Primrose brand, 6 to 8 average. lOHc; sugarcured, Primrose brand. 8 to 8 average, 10c; sugar-cured. Hoosier brand. 8 to 10 average, S44c; sugar-cured. Rooster brand. 10 to 12 av-

iverage, 944c; Engl; bacon, bellies, 10 to 12 average. 944c. California Hams—12 to 14 lbs average, 744c. Cottage Hams—7c. Bacon—Clear sides, 25 to 30 Iba average, THc. clear sides, 30 to 40 lbs average. 6%c; clear aides. 40 to 60 lb* average, 644c; clear backs, light average, 644c; clear backs, 15 to 20 lbs average, <44c; clear backs, 20 to 30 lbs average, 844c; clear bellies. 10 tc 12 lbs average. 844c; clear bellies, 14 to IS lbs average, 744c: clear bellies, 20 to 22 lbs average, 744c; clear bellies, 16 to 30 lbs average, 7c; French backs. 6c; flitches, 6c; extra short clear sides, 30 to 40 average, 6Hc. Groceries. tanolls s

cut-loaf

XXXX powdered. 5.63c; granulated. 5.25c; fine granulated. 5.26c; extra fine granulated, 5.38c; coarse granulated, 6.38c; cubes, 5.50c; mold A, 5.50c: diamond A, 5.25c; confectioners’ A. 5.13c; 1 Columbia A—Keystone A, 5.00c; 2 Windsor A—American A. 6.00c; 8 Ridgewood A—Centennial A, 5.00c: 4 Phoenix A.—California A, 4.84c; 6 Empire A-Franklin B. 4.84c; 6 Ideal Golden *x. C—Keystone B. 4.81c; 7 Windsor ex. C—American B. 4.75c; 8 Ridgewood ex. C— Centennial B, 4.68c; 9 yellow ex. C—California B, 4.S3c; 10 yellow C—Franklin ex C, 4.66c; 11 yellow—Keystone ex. C. 143c; 12 yellow— American ex. C. 4.18c; 13 yellow—Centennial

ex. C. 4.25c

15

14 yellow—California ex C, 4.13c;

4.00c; 16 yellow, 3.88c.

nground: Allspice. 10015c; cassia.

„ yellow.

-Spices—Unground: Allspice.

10015c; mace, 9OC081.OO; nutmegs, 17090c; cloves, 12<ffl5c; ginger, 22@26c; pepper, 12@lnc. Canned Good*—Blackberries, 3-lb, 85c; cove irs, 1-lb full weight, 85c; 1-lb light weight.

wel

81.4001.75; seconds, 3-lb, 9OC081.OO; pie, «6®75c; pineapples, standard, l-lb, *1.2501.75; seconds, 2-lb, 11.0001.10; string beans. 3-lb cans, 82Hc; salmon. Mb. 95c0*1.8O; pineapples, Bahama. ed. 344c; eur10014c;

_ Molas-

Falr to prime, 25035c; choice. 35®45c. Sirups—Medium. 34025c; choice, 35®43c; sorghum, JS4*c; corn sirup, bbls, 14c gallon; half-bbls, lie gallon, vinegar. Malt—<!0-gniin teat), bbls.

Starch—Pearl, 2'4®2‘4c; Champion Gloss, 1 and 2-lb packages. 44403c; c- rn, Mb packages, 50544c. Candy—Stick, CHc lb: common mixed, 844c. New Pickles—2, !00 In barrel*. 14.50; 1,200 In barrels. 13.50; 1,200 In half-barrels. 12.75; 600 in half-barrels. 12.25. Oatmeal—Barrels. $5.25. Rolled Oat»—Barrels. $4.75.

Clieenc.

Wholesale selling price*: New York cream lie; Wisconsin, 10c; litnburger, 10c; brick cheese, 12c; Swiss, domestic. 15c. Frvlta and Vegetables. Belling prices: Lemons — Messina. 280 a box. 85.60 ; 300 a box 86.50; choice. 300 to M0, $6.00. Oranges—A box 13.,'.M*4.00. Fig*—New layer, a lb, 13c. Dates -New, 7©3c a lb. Tomatce*—Four-basket crate. 40050c. Green B:*ns—A bushel. 81.00. Wax Bean*—A bushel. 81 25. Green Peas—A bushel, 76e. Pineapples—A dosen, 81 2501.50. Currant*—Ripe, 24-quart case. 81.26. Blackberries—24-quart case, $L00. Peaches—A bushel, 13.0002.50. Watermelon*—P*r 100, 312020. Nutmeg Melon*—A crate, $LOO. Apple*—New, a bushel box 75c0|l.OO. Cabbage—A barrel, 7?®4Cc. Potatoes—New. a barrel, $2.00. Onlons-Now, a barrel. $2.25. Lettuce—A lb. 4c. Ce'*ry—A dosen. 25® 30c. Egg Plants—A dosen. *1.00. Honey—New. l-lb cue*, 17c. Grapes—29025c 6-pound basket. Plums—50c half-bushel crate. Cantal cure*—$1.00 a crate. New Corn—Oo a dozen. Leading Drugs and Oils. Carbolic acid. 37080c. Alum. 804c. Asafetlda, 608c. Bromide of potash, 48c. ~ ' Opium,

.00 a lb.

Subnitrate or nismutn, *i.a& a in. cinchonldia. 15030c. Iodide of potash, $3.500180. Quinine. P. * W.'e. 88031c an ounce; German. 2o@31c. Morphine. $1.8302.10. Cocaine. $3.0503.25. Bicarb soda, 305c. Epsom salts. 405c. peter. 8010c. Resin, a barrel of 300 Iba. Castor oil, $1.0401.10. Lard oil. ex. No. 1 winter steamer, $6c; No. 1. 65c. NeaUfoot oil, 65c. Fish oil. 49c. Linseed oil. raw. lie: boiled. 33c. Turpentine. 31035c. White lead. Alcohol. $2 370110. OU of bergamot. $3.00 a

lb. Oil of lemon. $1.8001.75.

Wire Jfntla. Base price, $L7S.

Advance—Common fence, shingle, tobacco,

fioork

Salt-

$2,500

_ . shingle. .

>rlng and common brad*, id to 16d. 5c; and 9d. 10c; Sd and ?d. 30c; 4d and 5d, 30c;

Id. 45c; Id. 70c. Barbed common and barbed

car nails, 15c advance over common. Casing and Smooth Box—lOd and larger, 15c;

•d and 9d, 85c; 6d and 7d. 35c; 4d and 5d. 50c; Id. 70c; 2d. 81.00. Barbed box 15c advance

over smooth.

Smooth Finished—Md aad larger. 35c; Sd and 9d, 35c; «d and 7d, 45c; 4d and 5d, 65c; Sd. 85c;

tt 81.16.

Fine. Id. $1.15; Id, 60c. Dressed Bleats. Price* to retail dealers: Beef-Carcasses: Extra choice steers, 6HC 7c; medium steers, 5®SHc; good cows, 6V*0 *44e; medium cows, 4H0644c; good heifers. 644 0644c; medium heifers, 508c. Hindquarters—Extra choice steers. Pc; medium steers. 70$44c; good cows, 7©Sc; medium cows, (4407Hc; good heifers, $090. Forequartere-Good, 44605c. ,

Veal—9c.

Lamb—$H08c. j-■' ■. '' - Bead*. - ■ ' Clover—Buying prices; $$.*004.00 according to grade-^Belling prices: $$.7504.* for red and T*mothy^-Sel 1 Ing price*; Prime. $1.40; strictly prime, $1.5$; efio cc. $1.70. Blue Grass - Extra clean. 7Oc0$l.OO; fancy. W oJeS«5i Gres*—$1.7501.9a AW^M.0004.50 bushel. Batter, Bek* and Poaltry. The egg mju-ket le steady. Hens are scarce and butter dull. Eggs—Candied. $e; uncandled. 7c. Poultry — Spring chickens, tc; hens. 844c: cocks, Ic; hen turkeys, 7c; old toms, ic; duck*.

8c.

Leather. Belling price*: Harness leather, 29074c; sol* leather, hemlock. Z40Mc: sol* leather. oaX

18028c; French calf, 81 0001 80; French kip, 9000*1.10; domestic calf, 75c®* 1.00, domestic

e favorable to a further ad-

vance. Tanners Have called salesmen in and

til.

kip. mine.

The prospects an ranee. Tanners n do not care to eel

Merchant Iron. Bxr iron. *1.5001.60 base. H irseshoeing *3 5003.75 a keg of IN) lbs. American cast steel, 9c. Plow steel, 3c. HorM-shoe nails. *8.5005.00 a b .x. Wool. The following prices are paid for wagon lots: Medium, unwashed. In gto.t order, 13015c; fine merino, unwashed, in good orler. K®U>c; choice, tub-washed. 23c.

56c. Provisions—Strong; higher; lard 4.30c. bulk meats $4.9005.00, bacon $6.754x5.85. Whisky—Quiet; $1.19.

Montpelier,

oil, 43c a barrel.

Indiana OIL

Ind., August 4.—Indiana

Hides and Tallow. We are now paying for No. 1 g. a. hides, 844c; No. 2 g. s. hides, 744c; No. 1 calf, 9Hc: No. 2 calf, 8c; No. 1 tallow, 244c; No. 2 tal-

low, 244

Jobbing Prices tn Floor. Spring patents. $4.7504.80 barrel; winter patents. *5.10 barrel; straights, *4.60; family. *3.75 04.00; low grades. *3.0003.50; paste,*2.7503.00. Package Coffees. Indianapolis prices are: Arioxi. $11.90; Lion, $11.90; Jersey. $11.90. THE LIVE STOCK MARKET. Demand for Steer* — Hog* Active and Higher—Lambs Lower. Indianapolis Union Stock Yards, Aug. 4. Cattle—Receipts 900 head. Shipments 400 head. Good shipping steers were in active demand. The best butcher cattle were steady; others 10 to 15 oents lower. Export and shipping cattle we quote: Good to prime steera, 1.350 lbs- and upward $ 4 65@ 5 CO Fair to medium steera, 1,350 lbs. and upward ! 4 40® 4 00 Good to choice 1,150 to 1,300 lb. steers .•.•.. 4 49481 4 80 Fair to medium 1,150 to 1,300 lb. steers 4 25® 4 40 Medium to good 900 to 1,100 lb. steers ........ .................... 3 4 25 Good to choice feeding steers.. 4 00® 4 25 Fair to medium feeding steers. 3 60® 3 90 Common to good Stockers 3 00® 3 85 Butchers’ cattle we quote:

35

3 90

.. 4 00® 4 . 3 50® 3

3 00® 3 40 3 00® 4 00 ::::::::: iSI 130

Good to choice heifers Fair to medium heifers Common light heifers.... Good to choice cows Fair to medium cows Common old cows ...

Veal calves Heavy calves Prime to fancy export bulls... Good to choice butcher bulls. Common to fair bulls Good to choice cows and calves 30 Common to medium cows and calves 15 00@2o W) Hogs—Receipts 4.000 head. Shipments 2.500 head. The hog market was active, with a good demand. Prices were 5 to 10 cents higher. AH sold. We quete: Good to choice medium and heavy $3 90®4 06 Mixed and heavy packing 3 85®3 95 Good to choice lightweights — 4 00®4 15 Common lightweights 3 95®4 00 Pigs .... 3 2504 15 Roughs ... ... . 3 00®3 i5 Sheep—Receipts 2,000 head. Shipments 1.000 head. The sheep market was steady. Lambs were 15 to 26 cents lower. Good to choice lambs $4 3504 75 Common to medium lambs 2 75@4 25 Good to choice sheep 3 00®3 M Fair to medium sheep 2 50®2 90 Common sheep 1 60®2 40 Bucks, per head 1 50®3 00 Spring lambs 3 75®5 00 Chicago Live Stock Market. Chicago, August 4.—Yesterday’s ofclal: Hogs—Receipts, 14,963 head; shipments, 4,647 head. Cattle—Receipts, 4.26’> hetyd; shipments, 3,065 head. Sheep—Receipts, 11,289 head; shipments. 876 head. Estimated receipts of hogs to-morrow, 27.000 head. Estimated receipts of hogs to-day, 28,000 head; left over, 4,000 head; market active, mostly 10c higher; light $3.85®4.12H. mixed [email protected], heavy $3.60® 4.00, rough $3.60®3.75. Cattle-Receipts. 13.500 head; generally steady; beeves $3-8.7 @5.15, cows and heifers $1.9004.35, Texas steers $2.80® 4.00, Westerns [email protected], storkers and feeders [email protected]. Sheep— Receipts, 18,000 head; best steady, others

weak.

Live Stock at Cincinnati.

Cincinnati, August 4.—Hogs—Active, strong and higher. Select shippers and butchers [email protected]. packers [email protected], common and roughs [email protected]. CattleSteady on good; easy on common. Shippers $4.00® 4.60. ektra $4.65#4.75. choice butchers $4.00®4.40, common [email protected]. Sheep—Steady at [email protected]. Lambs—

dy at $3.50®5.25.

Stead

CHICAGO GRAIN AND PROVISIONS. Wheat Higher hat Corn Lower— The Flaetaattons. Chicago, August 4.—The Liverpool market gave the bulls in wheat another good start to-day by opening l%d higher, and scoring an advance which was, at 2 o’clock, equivalent to 2He a bushel. Paris, on the other hand, was unchanged for wheat and 30 centimes lower for flour. Heavy storms held back receipts. Chicago getting only 136 cars; but, on tbe other hand, Minneapolis received 167, against 223 last year. English country markets were excited and 6®9d higher. The enormous export sales yesterday had not lost their effect, and good support was accorded the market on every decline. September wheat opened higher at 77%@77%c. sold off from 78c to 77Hc, rallying to 77%c. The price of corn suffered severely on heavy rains West, and yesterday’s advance was wiped out in quick order. The drouth was reported broken and the damage done by hot, dry weather was said to be confined to scattered localities. September opened H®%c lower at 28%c to 28He, sold off to 28c and rallied weakly to 28Hc. Oats were also affected by the break In the drouth. September opened H®Hc lower at 17\@lTHc and held steady. Provisolns were higher on an advance in hogs, due to receipts of only 25,000. Pork for September opened 10c higher at 18.15, sold from $8.10 to $8.20 and reacted to $8.12. September lard opened .02Hc higher and hel steady around 4.40c. September ribs .10c higher at 4.85c, and sold off to 4.82c. Guotatlona. By L- W. Lcul*-* Wlm.

Open-

High-

ArtlclM. Ing

. est

—Closing.—

WheatSept .... 77%

IS*

Aug. 4. 76% 78%

Dec .... 79% Corn—

80%

-79%

78%

IS? IS

at

27%-% 28% 28% 29%

Wi

Oats— Sept .... 17%

18

17%

177%

18

PorkSept. ... 8 15 Lard—

8 32

8 05

8 30

8 06

Sept. ... 4 40 t Ribs—

4 56

4 37

4 55

437

Sept. ... 4 85

5 00

4 85

4 97

4 80

Closing cash markets: Wheat 78^4e, corn 2796c, oats 17Hc. pork $8.27, lard 4.52c,

ribs 4.97c.

Indianapolis Grata Market. ' Wheat—Strong; No. 2 red 78c bid. No. 3 red 75@76c, wagon wheat 77c, No. 2 red milling in transit (five days’ shipment) 77Hc bid, fifteen days’ shipment 77Hc bid, August 77Hc. Corn—Steady; No. 1 white 27Hc. No. 2 white 27Hc. No. 3 white 27Hc, No. 4 white 24Hc, No. 2 white mixed 27c, No. 3 white mixed 27c. No. 4 white mixed 24c, No. 2 yellow 27c, No. 3 yellow 27c, No. 4 yellow 24c, No. 2 mixed 27c, No. 3 mixed 27c, No. 4 mixed 24c. ear 24c. Oats—DuU; No. 2 white 21Hc. No. 3 white 20c, No. 2 mixed 19c bid. No. 3 m.Xed 17c, rejected 15c. Hay - No. 1 timoihy 19.00 bid. No. 3 timothy $7.00 bid. No. 1 prairie $6.00®«.5a Inspections: Wheat—No. 2 red 16 cars. No. 3 red 10 cars, rejected red 8 cars; total, 34 cars. Corn—No. 3 white 11 cars. No. 3 yellow 8 (ran. No. 2 mixed 2 cars. No. 3 mixed 24 cars. No. 4 mixed 1 car, ear corn 2 cars; total, 48 cars. Oats—No. 2 mixed 2 cars; total. 2 cars. Mew York Provisions. New York. August 4.—Butter—Receipts

Cheese—Receipts 7.314 packages; <n large White 7%c. small white 8c, large colored 7*ic, small colored H\ part skims 4@6c, full skims lH@3c. Eggs-ReceipU 9,162 packages; steady; State and Pennsylvania 13H€*14c, Western 12H@13c. Sugar—Raw firm. Coffee—Steady. Barley, Rye, Flax and TimothyChicago, August 4.—Rye—Cash 43c. September 43H@44c, December 45c. FlaxCash 90c, cash Northwest 90c. September 90c. December 91Hc. Timothy—Cash $7.75, August $2.67H. September $2.57HWheat Pats aad Calls. Chicago. August l.-Puts 77Hc. Calls SQHc, 80Hc. 80Hc. Claelnaatl Market. Cincinnati. August 4.—Flour—Steady. Wheat—Strong; higher; 78c. Corn—Finn; 28Hc. Oats—Steady; new Uc. Rye—Quiet;

STOCKS, MOMEY AMD BOMDS. The Market Strona and Buoyant— The Quotations. ! New York. August 4.-The bullish feeling was again In the descendant at the opening of the Stock Exchange to-day. The leading railway shares rose a fraction all around on animated dealings, St. Paul leading with a gain of H- The industrials were stronger, tobacco Improving a point and sugar %. The Northern Pacific stocks opened slightly off, but soon recovered. The speculation assumed a more buoyant tone after the opening, the improvement extending to all departments. The grangers were heavily dealt in, and a good demand was evident for some of the usually Inactive Southwestern shares. The volume of trading was very large. Sugar and Chicago gas gave way sharply on profittaking. but soon recovered. The Vanderbilt stocks were prominent and appreciated notably, and some substantial gains were also registered In the securities of reorganized roads. Steady realizing orders, coupled with vigorous attacks by the bear faction, depressed some stocks below yesterady’s close, with sugar and Chicago Gas the chief sufferers. The execution of heavy commission-house orders at the low level and inside purchases caused a substantial rally during the fifteen minutes preceding mid-day. In which top figures were reached In a number of shares. New York Central rose 1%. Gains of 1H to 2 per cent, were also made in the less active stocks, including the Erie stocks. The bond market participated in the general strength, with trading heavy. The speculative issues were in request and helped by foreign purchases. Sales of stocks up to noon, 255,800 shares. Stocks. By L. W. Louis’s Wire.

87

89% 89%

1($H

Open- High- Low- Clos-

Name. Ing. est. est. Atchison 14H 14% American Tobacco . 87 90 C.. B. & Q 90 90%

C.. C.. C. & St. L... 32

Canada Southern .. 54% 54% Chicago Gas 103% 103% Ches. & Ohio 21% 21% Del. & Hudson 117% 118%

Leather pfd 64 General Electric .. 38 Jersey Central ....^ 91% Kas. & Texas pfd.. 35% L. & N 57% Manhattan Consol.. 95% Missouri Pacific ... 26% Northern Pacific pd 46%

N. Y. Central

.102% 104%

Omaha 67 Pacific Vail 31% Reading 24% Rock Island 84 Sugar Refinery ....145% St. Paul 90-% Tennessee Coal .... 27% Union Pacific 8 Western Union 87%

102% 103-%

66% 66% 30% 3!

24% 25%

83% 83%

144% 145% 89% 89%

Sales, 236,263.

Indianapolis Clearings. August 4. July 28. Clearings $873,332 14 $628,102 14 Balances 84.813 ;i3 62.859 90 Clearings la Other Cities. August 3. July 27. New York $131,618,460 $133,385,020 Chicago 17.861.963 13.609.927 Boston : 23,397,861 Philadelphia 11.377.707 St. Louis 4.539.921 Baltimore 4,136,780 New Orleans 1,378,866 Exchange on New York: Chicago, before clearings at 45c discount; St. Louis. 50c discount bid, 25c asked.

19.293,889 10.460.737 3,697.810 2,727,761 1,135.323

O. B. CORK AMD WHEAT REPORT.

U. 8. Department of Agriculture, Weather

Bureau.

For the twenty-four hours ending at $ a m., seventy-fifth meridian time. August 4. 1897:

Nan of tt

p. Slid Min. hund’s. M .20

Number

stions

report- 1 ing. Max.

Chicago. Ill 24 88

Columbus, 0 11 Des Moines, la.. 13

• A®

Indianapolis, Ind. 11 Kansas City. Mo.. 1* Louisville. Ky ... 17 Mlnn’ap’lls, Minn 17 Omaha, Neb 13 St. Louis, Mo .... 13

Auburn ..

Indianapolis District. Rainfall.

Inches

< Temp. and State of Max. Min. hund s. weather. 94 (8 .00 Fair.

Bloomington ... 98 72 .00 Hazy. Cambridge City .96 «9 .00 Cloudy. Columbus 96 70 .00 Cloudy. Farmland 93 71 .00 Fair. Indianapolis .... 98 75 .00 Fair. Lafavette 96 68 .00 Cloudy. Logansport 95 © 00 Cloudy.

Marion 9| ®

Vincennes 103 78 .00 Hazy. Washington .. ..100 74 .00 Clear. REMARKS—High temperature continued, except in Nebraska. Iowa and Minnesota. Local rains fell in all sections, except in the Indiana and Kentucky sections. Possibly th« hot *p*ll which prevailed In Indiana will end

to-day.

• C. F. R. WAPPENHANB. Section Director, Weather Bureau. T. Indicate* inappreciable rainfall.

Note.—The average maximum and mitemperature* and the, average rainfal

inUnum ilf are il mum-

WHEAT SCARCE AT 77 CERTS.

Farmers Do Mot Beem Inclined to Bell.

Indianapolis millers to-day are paying 77 cents a bushel for wagon wheat, and continue to complain that, notwithstanding this price, the receipts are light, as farmers are not inclined to sell on what appears to be a stiff and rising market. The roads are now said to be in excellent condition, and a haul of fifteen miles t« more easily made than one of less than half the distance ordinarily. One load brought in hauled by four horses measured 126 bushels and 10 pounds. Another load drawn by two horses measured 117 bushels, but the latter came from a point only three and one-half miles from the city. On August 4. 1896, the closing price on September wheat was 58%c, on corn 25%@25%c. on oats 18%@18%c. POSTOFFICE BUSINESS.

Last Month’s Receipt* Increased 02,000 Over Jaly, 1800. The record of the Indianapolis postoffice shows that the receipts of the office for July, 1897, exceeded those of July. 1896, over $2,000. The receipts of July, 1896. were $27,038.03, and of July qf this year, $29,210.11. This is considered significant of improving business conditions, as July is about the worst month in the year, as far as postofflee receipts are concerned. To indicate how the business of this office has increased, the post--master makes comparison with July, 1888. when the total receipts were only $14,984.99. Whereabouts of Raney and Whitney James O. Parker, of Danville, went over records of the Criminal Court this morning to establish some points in the careers of Noah Baney and John Whitney, who recently made an alleged confession exonerating the Rev. William E. Hlnshaw, now serving a life sentence for murdering his wife. Parker was endeavoring to learn if the two men were in custody at the time Hlnshaw is supposed to have killed his wife. He found that they had been arrested and bound over for action of the court and that there was no legal restraint which would have kept them from Beilville at the time the murder occurred.

Restored to Her DRuffhters. Special to Tbe Indianapolis News. South Beni, Ind., August i.-The efforts of Mrs. M. Celeboumc, the Englishwoman whose search for her two daughters has been reported in The News, have been successful. The children, Dolly and Dorothy, were detained n.t Montreal, where $200 was asked to pay the expense of their three trips between England and America. The children were overjoyed to see their mother, and the almost destitute woman was not compelled to pay the money. The mother and daughters have come to live at South Bend.

AT INDIANA'S ASSEMBLIES

FEATURES AT BETHAMY, WINONA, ACTOM AMD OTHER PARKS.

Program for Boya at Betkany—Butler Day — Doings at Acton— Winona Recovers from Sunday’* Drenching.

Hair on Ladies’ Faces removed forever. VARIN. S$% W. Wash. «t.

Special to The Indienapolls New*. Bethany Park Ind., August 4.—It was such a “scorcher” yesterday, especially in the afternoon, that President Carpenter jvas compelled to go through the grounds before services to drum up an attendance from drooping people under the trees. At the aftenioou session of the Sundayschool convention only necessary routine tusir.efs was transacted. Officers were elected as follows: President, T. M. Wiles. Martinsville; vice-president. S. J. Tomlinson, Irvington; secretary, H. A. Turney. Brooklyn; treasurer, Amos Clifford, Indianapolis; directors, Wm. Evernr.an, G. W. Snyder, E. B. Schofield, Indianapolis; E. O. Tilburn, Warsaw; P. T. Martin, Brazil; L. E. Brown. The executive board of the union held a meeting at the close of the afternoon session, and re-elected T. J. Legg, of Logansport. State Sunday-school evangelist. Professor Willett lectured again last night on “The Purposes of the Bible.” Mr. Willett said that we often considered the Bible as a sacred cyclopedia, and went to it with impertinent questions. The thre^ great ideas of Christ's life were to teach us to know God, how to escape sin and how to understand the mystery of suffering. Professor Willett continued his Bible studies this morning at 9:15, considering "Hosea—An Experience and Message.” Program for Boye. The morning's program wan in the interest of boys. The Rev. W. F. Switzer spoke on “Princely Knights' ” work. “The Princely Knights, of Character Castle is a new order for men and boys; moral, benevolent and patriotic,” the speaker said. “Its work is to help parents and friends in forming good characters among boys.” The Rev. D. R. Lucas spoke on “Peril of Beys,” urging young men to avoid the evils of an immoral life. Mrs. T. S. Adams, of Danville, read a paper on “The Knights at Home.” Prof. H. L. Willett at 11 o’clock delivered the assembly lecture on “The Influences of the Bible.” He said that there was a widespread and Increasing interest in the Bible, which was one of the encouraging signs of the times. The Bible was not only the greatest moral text-book of the world, but also one of the greatest collections of literature. Ho said that it was one of the commonplaces of linguistic knowledge that the sacred writings of a people set the standard of that nation's literature, and he held that a study of the Bible. In its English translation was an indispensable part of the study of the English language and literature. Butler Day To-Morrow. To-morrow the wearers of the royal purple of the University of Indianapolis will attend the assembly. It will be Butler College Day, with Prof. Hugh Th. Miller In charge. The principal speakers will be Dr. Edward 8. Ames and Prof. Jacob D. Forrest, both of whom have been elected to the faculty of the college. R. P. Shepherd, secretary of the educational board, will also speak. In the evening the annual boat ride of the students will occur, followed at night by an entertainment of stereoptlcon views. The hotel register has the following names: E. O. Tilburn, Warsaw; W. O. Darnall, Lebanon; Rosebud Mohan, New Orleans, La.; Pearl Ridge. R. J. Maxwell. Sullivan; Georgia Barnett, Franklin; Mrs. Harrison, Canada; Jennie Summers. Anderson; John White, Mrs. Sanders, Indianapolis. Mrs. Mary E. Balch, State superintendent of Summer Assemblies, In the Indiana W. C. T. U., will be at Bethany Park Friday to attend the meeting of the Bethany Union, for the election of officers and making preparation for a program for next year. IMPROVEMENT AT ACTOM. Lake to be Built at Oaee—Featares of the Camp. Special to The Indianapolis News. Acton Camp. Ind., August 4.—The official meeting of Camp Acton was held last night, and several members came down to the camp from the city to attend It. The present treasurer of the assembly, Mr. Hodell, of Shelbyvllle, was elected superintendent. Mr. Hodell Is a successful business man. The present superintendent, the Rev. R. Roberts, of the Fletcher Place church of Indianapolis, retires with the general good will. It was decided last night to construct the long-hoped-for lake, artesian well and bath-houses and a committee was appointed, composed of energetic men. who are going to push the thing through in the shortest possible time. A deep well is to be driven at once and a gasoline engine Is to be set up that will pump pure water through an eight-inch pipe into the lake, so that a harvest of pure Ice can be gathered this winter, ready for next summer’s use. An engineer arrived on the grounds this morning and went over the camp, and worn will be begin on the lake soon. The old lake bed is to be thoroughly plowed and cleaned and greatly enlarged and deepened. The widest part will be at the east end, and the water will extend in a long curved arm to the west, through the prettilywooded hills and to the high land to the west. The water is to be kept pure and constantly flowing. 6 The extreme heat of the past few days has made the pavilion audiences small, but the delightful breeze which filled the camp this morning revived the cottagers so that a large audience greeted Dr. Moore, the editor of the Western Christian Advocate, who preached at the morning session. Epworth Lengae Garden Party. The afternoon service was conducted by presiding elder, Mr. Duncan, of Indianapolis. after which the greater part of the camp went to the front lawn, where the Epworth League gave Its garden party, and added another to the long list of social happenings at tbe camp. A harpist and flutist were present. The program of the afternoon was furnished entirely by the campers, and consisted of readings, music and studies from life. Among those taking part were Miss Wenner, of Indianapolis, who gave a reading; Chas. Stegmaier and Helen Lintner. Blackboard drawings were given by Cart Williams. Many of the campers came attired, representing proverbs and books. Refreshments were served and Mrs. Jones. Miss Alta Roberts and Miss Bertha Sample. of Indianapolis, presided at tbe punch bowls. A pretty feature of the afternoon war the singing of the children's chorus, which has been organized recently. The smaller children are learning a great number of national songs, and under the leadership of Misses Jennings and Moore their organization has become very large. The third family prayer. service was held this morning, with a good attendance, as Mr. Hartsock began ringing the bell at 6 o’clock and In spite of all groans and threatenings from the sleepy cottagers, continued pulling the rope for ten minutes, and by that time all had given up hopes of further sleep and decided to attend the service with the hope that it would stop the clanging bell, which it did. y The mighty revival meetings conducted by the evangelist are well attended, and the long hoped-for "old-time revivals” are back with the most rousing sermons that Acton has heard for years. Social Motes. Charles Fitch, of Indianapolis, is on a visit to Mr*. Wheeler. Miss Cora Corbett is visiting Mrs. liartlow, in Harrison avenue. Mr. McCain is on a short visit with his family on the square. Miss India Stubbs and Miss Grace Gold are visiting Mrs. B. C. Hitt. Frank Noll, of IndlanapoUs, Is the guest of Miss HatUe Aiken. Mrs. Gus Romlnger, of Hope. Is at the cottage of Mm. John Rominger. Mrs. John Gundrum and daughter Pearl are guests of Mrs. McClain. Mr. Steinhauer. of IndlanapoUs, Is on a visit with his family, and is con-

stantly mistaken for evangelist Hartsock. The Rev. F. S. Tlncher and famUy have returned to their home at Aurora. Harry Coburn, of IndlanapoUs, is the guest of Clarence Budd, in Railroad ave-

nue.

Mrs. Waldo and daughter, of Indianapolis. are the guests of Mrs. C. A. Qnald. Mrs. George Dunn has for her guests Mrs. Dick Bailor and daughter, of Shtlbyville. S, Miss Elsa Loepper. of Indianapolis, Is the guest of Mrs. E. G. Stott on the square Miss Ella Hobbs, of IndlanapoUs, Is the guest of Mrs. J. N. Hobbs, in Harrison avenue. Mrs. Dr. Floyd and Mrs. E. F. Griffey, of Shelbyvllle, are visiting Mrs. Louck. In the square. Mr. and Mrs. Wheelburg, of Indianapolis, have opened their cottage for a stay at the camp. Mrs. S. H. Gipe, who has been spending some time with Mrs. V&rin, returned to IndlanapoUs this morning. Miss Julia Winchel and Miss Maria Jenkins, of Indianapolis, are visiting Mrs. McKeehan on Harrison avenue. At Mrs. Coleman's, in Franklin avenue, are Mrs. R. 3. Sears, MMs Etta Craig ai.d Miss Vlrgie Bier, of Indianapolis. Mrs. Nordinger and son, of Greensburg, are visiting with Mrs. Mary Stegmaier on the avenue, and Mrs. C. F. Stegmaier and family returned to their home in Aurora after a sojourn at the camp. At Mrs. Duncan's cottage, on the square, are Mrs. M. T. Duncan and daughters, of Greenfield; Miss Mabel Smith, Miss Kate Marshall, Mrs. Marshall and Miss Katherine Norris, of Shelbyvllle. Among the newly arrived at the hotel are the following from Indianapolis: Mrs. L. B. Mark. Mrs. C. W. Lauer, Mrs. S. A. Harken. Mrs. J. B. Griffey, Miss Josephine Craft, Mrs. A. P. Craft, E. M. Craft and Moses Maudlin. Last night a large number of friends spent the time till midnight at the cottage of Mrs. Shipp, of Irvington, whose night-blooming cereus put out three beautiful bloaoras. each one the size of a straw hat. They made a coincidence, as the plant belonged to Mrs. Shipp’s mother, who died at the cottage three years before to the day on the 3d of August, and the plant put out its three enormous flowers on the anniversary. CHALLENGE TO SPIRITUALISTS. The Mediums at Chesterfield will Not Heed It. Special to The Indianapolis News. Chesterfield, Ind., August 4.—The Rev. Mrs. H. 8. Lake departed to-day for her home at Cleveland, O. She delivered her closing lecture yesterday afternoon upon modem Spiritualism, which she defined as standing for a series of facts to prove the continuity of life. Spiritualists did not all agree, she said, except upon one fundamental statement, and that was that there were means of communication between the so-called dead and the living. Elder William R. Covert, of St. Louis, has Issued a challenge as follows to any medium of the camp: “My partner and I will put up or give $1,500 to any medium at Chesterfield camp-meeting If we can not duplicate any so-called phenomena they may produce under the same conditions and circumstances and demonstrate them to he frauds, if they claim any of the so-called physical phenomena are produced by the spirits of the dead.” The mediums in the camp will pay no attention to Covert and his challenge. Mrs. Eva Pfiuntner, ot Indianapolis, has been engaged to fill the appointments of Mrs. Luther .who Is physically unable to fulfill her engagements. Mrs. I.other is the vioe-preelcicnt of the association, and Is known as the mother of Spiritual-

ism.

YOUNG PEOPLE’S ALLIANCE. Evangelical Church Meeting at Oakwood Park. Special to The Indianapolis New*. Ligonier, Ind., August 4—The sixth annual convention of the Indiana confererce branch of the Young People’s Alliance of the Evangelical church convened to-day at Oakwood Park, Syracuse, and will continue in session three days. The close of this conference will be followed bv the annual convention of the Woman’s Missionary Society, which will continue its deliberations two dayz, when the Indiana conference camp-meet-ing will open for two weeks. The Young People's Alliance conference was formally opened this morning with a- sunrise prayer-meeting, conducted by Miss D. Blanche Kelly, of Elkhart. The address of welcome was made by the Rev F. E. Zechlel, of Dayton, O., a*id the response by the Rev. H. Stelninger, of Huntington. The president's annual address showed the alliance to have prospered in the last conference year. F. H. Hersh, of A villa: Miss Nellie Charpie, of New Paris; Frank McClure, of Wabash, and the Rev. Thomas Flnkbelner, of Indi-

a*. w . awvx. * v. * * avaftxx.* viaav, Aa**« V.VJ*1 ~ ducted the Bible school. The attendance Is larger than that df any previous conference. IN WINONA PARK. Recovery from the Rnln and Increased Attendance. Special to Tbe Indianapolis New*. Winona Park. Ind., August 4.—Notwithstanding the hard rain of Sunday, Winona Park 1* again in the finest condition and more beautiful and attractive than ever. The atmosphere is lefreshed, and the people are in better spirits, so that all the meetings are oeing better attended. People continue to come In by every train and the attendance gradually grows. The hotel accommodations, however, are ample. A change in the management of the inn has been made, C. E. Sherb succeeding H. H. Woods, of Knightstown. who has had charge of the Inn for the season. Clark Williams succeeds Mr. Sherb as manager of the Winona Hotel. To-day has been unusually cool ana pleasant, and the attendance at the meeting has been larger than usual. Professor Dinsmore gave his last lecture at 11 o’clock; bis subject was “King Alcohol.” German Evangelical Camp. Special to The' Indianapolis New*. Huntlngburg. Ind., August 4.—The camp-meeting of the Louisville district of the German Evangelical Association will begin to-day at the Maple Grove camp-grounds, west of Huntlngburg. The grounds have been placed in good condition and provision has been made for the reception of an imenae throng of visitors during the eight days of meetings. A large number of cottages and tents have been rented and will be occupied for the next week. The following minister will be In attendance: The Rev. H. Mattill, of Cleveland. O.; the Rev. John Hung, Dayton. O.; the Rev. Frank F. Rausch, Louisville. Ky.; the Rev. C. F. Hansing, Olney, 111.; the Rev. George Roederer, Olney, 111.; the Rev. W. L. Luehring, Connersvllle, Ind.; the Rev. Joseph Buyer, Rockport, Ind ; the Rev. D. Koenig, Louisville, Ky., and the Rev. G. Koch, Elberfleld, Ind. o ■— Wheat for Export. Galveston. Tex.. August 4.—Grain for export Is beginning to arrive here in lively style. One hundred and sixty-five cars have come In during the past twentyfour hours. Three vessels, with engagements of 440,000 bushels, will leave here before Saturday night, and a large amount of grain is due to arrive within the next six weeks. The continued appreciation in the price in wheat makes it difficult for buyers to secure as large amounts for export as they wish, but the average amount to reach here seems to be no less than 800 cars dolly.

CITIZENS’ COMPANY TAXES

HEARING OF ARGUMENTS BY THE STATE COMMISSIONERS, j

Contentioas of Mr. VanVorkU Why the Assemaieat Should he lacreased — Mr. Wlater’s Argameat tor the Compaay.

$5,700. and

$3,590, sold for $6,700.

another tract appraised at

The Spahr farm.

PADDOCK, HODGE & CO TOLEDO, OHIO ——GRAIN DEALERS

If any grain dealer or elevator man in the State of Indiana does not receive our daily bids on grain, please ask us for them. Toledo is the highest and best winter wheat market in the country.

The State Board ,of Tax Commissioners to-day listened to an argument as to the taxable value of the Cltlsens’ Street Railroad Company. The Marion County Board of Review, by a vote of three to two, assessed the company on $1,900,000. Flavius J. Van Vorhls and Silas M. Shepard, as dtisens, appealed from the decision of tbe local board to the State board, contending that the assessment should be not less than $4,000,000. William D. Owen, Secretary of State, has not been sitting with the board this week, and so the appeal was heard by the Governor, Auditor Dally and Commissioners Walker and Busklrk. It was contended by Mr. Van Vorhls, who made the main presentation, that the company’s return to the local board showed on Us face that the assessment Is too low. He pointed out that the bonded Indebtedness of the company Is $4,000,000; Its floating debt, $189,000. and its capital stock, $5,000,000. The stock April 1, he showed, was quoted at 17 and the bonds at 75. These quotations, he maintained. Indicated that the value of the property on April 1 was in the neighborhood of $5,000,000. It was pointed out, too, that under the law the company Is required to state the name and value of Us franchise, and that It omitted to m&ke any return as to that item. Mr. Van Vorhls insisted that if the State board was not fully satisfied, it ought to send for persons and paper?, and endeavor by a careful investigation jto arrive at the actual value of the property. It was useless, the speaker contended, to talk about the straits the company is in, for the reason that all those things are fully considered In fixing the price of the bonds and stock. The value of the concern, as shown by the quotation of Us bonds and stocks, was the judgment of the business world, and was to be depended upon. It was further contended by Mr. Van Vorhis that If the net earnings of the company, as displayed by the cross bill filed In the United States Court, were capitalized at a fair per cent., they would show a greater value than he had asked the local board to place on the property. “Looking at it In any way you will,” said he, “the assessment of $1,900,000 Is outrageously inadequate.” For the Company./ Ferdinand Winter, who spoke for the company, occupied an hour and a half. He declared that the men who were insisting that the valuation of the company be Increased had not presented a single fact in support of their statements. He recalled that In 1894 Jacob P. Dunn appealed from the assessment of the company by the local board of review, and supported his appeal with witnesses and an array of facts. After having heard the case the State board assessed the company on $1,800,000. The company, he maintained, was in much better condition at that time than now. In detailing the history of the company's litigation Mr. Winter recalled that in 1895 Judge Woods held the franchise to be perpetual, subject to the repeal or amendment of the State law under which the company was organtzd. “That decision of Judge Woods did not add any value to the franchise,” said Mr. Winter, "because everybody admitted that the Legislature had the right to terminate the franchise.” The year following the decision the local board of review increased the assessment to $1,900,000, and it has remained at that ever since. It was maintained by Mr. Winter that the bonded indebtedness could not be taken into consideration in fixing the assessment. The company's income was to be taken into consideration, but In considering It the board was bound to consider whether it was permanent or precarious. In discussing further the effect of the dee cision of Judge Woods and the subsequent decision of the Supreme Court, Mr. Winter said: “The decision made by Judge Woods wa* appealed to the Supreme Court of the United States, which held that the company had a right to Use the streets until January 18, 1901: It failed to decide as to whether the company had a right to use them one day longer.” He recalled that Addison C. Harris, attorney for the City Railway Company, exhibited to the court a copy of the act of the Legislature of 1897, terminating the company's charter in 1901, and intimated that it was the knowledge of the enactment of that law that deterred the court from deciding the perpetuity question. "The Citisens’ Street Railroad Company ha* never claimed at any time that the Legislature did not have the right to end Its charter rights January 18. 1901.” said Mr. Winter. “It has the use of its franchises untH January u, 1901, and not an hour longer. Unless it can get a new franchise It must take for the property whatever a Jury says It Is

worth.”

Three-Cewt Fares.

In discussing the 3-cent fare law, Mr. Winter said: “I do not say that the decision of Judge Showalter will be reversed; I do not believe it will be. but when you come to coneider the value of the franchise you must take that litigation—’hi* fact Inal the Supreme Court of the State has said the law 1* valid—Into consideration. The bonds of the company, Mr. Winter showed, were quoted at 68, and the stock at 15. He argued at length to prove that when bonds are below par stock can not have any value. The stock had a value in the market, he said, simply because It controlled the company. Competing factions within a company, he said, might run worthless stock up to par. In passing. Mr. "Winter said it was strange that the Citizens' Street Railroad Company and the Indianapolis Gas Company should be singled out a? targets of the tax-hunters and the newspapers. He asked why It was that the Water Company and the Consumers’ Gas Trust Company had not been brought before the State board. He started to show that the banks of the city were not assesed relatively as high as the company he represented, but the Governor stopped him. maintaining that the assessment of the banks

was not before tbe board.

Mr. Winter occupied a good deal of time in attempting to show that much of the real property in this.city and county is not assessed at anything like Its full cash value. He stated that hs had ’taken thirty transfers from the recorder’s books, extending back a month, and had compared the consideration gamed in the deed with the appraisement'for purposes of taxation. He did not find one piece of property that was assessed at more than 70 per cent, of its selling value. He pointed out that the Wylie property In North Pennsylvania street, which sold the other day for $25,000. was appraised at $16,000. He cited nine farms In this county that had sold within the last thirty days for considerations greatly In excess of the appraisement. One tract appraised at $2,350 sold for

which was sold the other day, he **!£• was appraised at $8,900, and brought $14,800. Mr. Shepard’s Armmmomt. Silas M. Shepard spoke briefly In support ot the contention that the company’s assessment ought to be Increased. In order to prove that the selling price of the bonds and stock of the company was a trim Index as to the value of the concern, reached by the business world after edreful investigations, he cited that the bonds of the company deprec!fit* < l only 2 cents on the dollar after the decision of the Supreme Court of the United States, and the adverse legislation by the last General Assembly. January 1 the bonds were selling at 77% and April 1, at 75. Those figures, he de4**”^ Proved that the business world Judged accurately the value of the property on January 1; business men fixed t^® value of the bonds and stock after having made due allowance for all conungencxes. — ^ fter !?, O0 P •esslon the appeal of Messrs. Van Vorhls and Shepard from the assessment of the Indianapolis Gas (. ompany, was argued. SOUTH BEND TELEPHONES. M, Local Company S«eee M c*l fa Its Ftffht with Central Union. “ Special to Th* Ind Una poll* New*. South Bend. Ind., August 1—At Turner Hall last night nearly 200 business me% manufacturers and private cittsens who had organised the Cltlsens’ Telephone Company here eighteen months ago to fight the Central Union, were more than gratified by the report of their official*, which showed over 600 shares paid In full, a disbursement of $53,019.42 In getting the plant on Its present footing; every bill paid; over $1,100 in th* treasury; 614 telephone subscribers, and a strictly metallic circuit and first-class system. The company has its wires underground In the businass center; takes alley routes for poles ana wires and Is giving a service at less than half of that furnished by the old company when there wa* no competition. South Benders are generally loyal to the new company, which from 460 phones at the opening of the system last September has grown to <14 at ths present time. THE OLD FIGHT RENEWED. Another Effort wllVhe Made to Retail Intoxicants nt Brovrnshnrg. Special to the Indianapolis New*. Brownsburg. Ind., August 4.—The three applicants for retail liquor license In Brownsburg, who were refused at the June term of the Hendricks county commissioners. on account of errors in description of property, will apply again at the September term. John Walsh, Michael Quinn and Lawrence Fox are the parties demanding license. In accordance to the statutory laws. The latter person since last June has constructad a new building to be used a* a saloon. The description of property In these cases will differ very materially from the usual form, as in use in Marion county. The houses and premises will be described In minutest detail, dimensions of each room and its purpose will be given. The fight against the saloons will not be as aggressive as at the June term. The remonstrators were successful only In securing 1» names, when they needed 206, and their objections were not considered by the commissioners. —a. Pensions tor Indtnnlans. Special to Th* Indianapolis New*. Washington, I). C.. August 4.—Pensions have been granted to the followlng/lndiarians: Original—George W. Myers, Peru. Additional — Ephraim L. Setnans, Goshen. Reissue—Jason H. Masterson. Rockport; Hamilton Grey. Greencastie; H >nry C. Bherrow, EUiston; George Flora, Mitchell: George W. Seaton. Mifflin; William Houston. Darlington. Original Widows, Ktc.-Sarah E. Brill, Riley. Supplemental—Special July 27, Lou Ann Franklin. Indianapolis. Annual Retreat of the Sisters. Special to The Indianapolis News. Terre Haute, Ind., August 4.-On Friday the six hundred Sisters of Providence, now at St. Mary’s-of-the-Woods. will begin their annual retreat. This will continue ten days, and during this period they are permitted to apeak to one another only In cases of the most urgent necessity. Three Jesuit fathers from St. Louts will give holy instructions during this service. Bishop Chatard is now paying the community an official visit __ _ —o To”Liberate Care and Golievnnr~* Habeas corpus proceedings have been brought In the Crimnal Court in the case of George Carr and Robert Gohegan. who are charged with killing Charles Ivy at Brightwood. The court will pass on the case to-morrow.

PAID-DP CAPITAL. - - $600,000 SDRPLDS $85,000 SIkOiMni’ Uilllml Llikllll) - - - SIIMil

qpHERE are many persons who have 1 money to lend who are unfamiliar ■ with business methods, and wish in« formation about lines of Investment They hesitate to go to individuals; perhapa_Jiave no acquaintance whom they consider competent Tney need the advice of qualified and experienced men, but do not know where to find them.

will be glad to serve them, and they can feel perfectly free to consult with the officers of the company about their affairs, which will cost nothing but tbe labor of calling. Our office is at Nos. 118*0(1122 E. Market St

JOHN H. HOLLIDAY, PmsMant ADDISON C. HARRIS, Pint ViewPresident. HENRY RITEL. Second Vteo-Prosta don* and Treasurer. H. IL 0OLTZ, Secretary.

S. A. FLETCHER A CO. SAFE DEPOSIT VAULT .... s—44 Bwrt WaaMavt*. ■«. Absolute safety against flr* and burglar. Policemen day and nlgbt os guard. Contains over 3.199 safes. Rent. $3 to $43 Per Year JOHN S. TARKIKGTON Mana«er DEPOSIT YOUR SAVfflGS WITH TJH SwAiatva tirust Crowpaxya Capital .... $1*000,003 Liability of Stockholders . $1,000,000 Total Security for Deposits. $2,000,000,

tmpany will j oTtLand up

pay yon 4 par

This o interest.

deposits of 31 and upward.

Ho

Ito MDvWvAtmdV in wttndraw tbe full oslt and tntsrsat whatever. Washington SL and

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