Indianapolis News, Indianapolis, Marion County, 7 August 1899 — Page 8
• - -
THE INDIANAPOLIS NEWS, MONDAY. AUGUST 7, 1899.
CEREALS AND SPECULATION
M%'R STOCK 4NI> MI0VIS1OWS HKRK AND KLSmVMKKi:.
York state positively that conditlone favor a further decline In eiu-taang* and a eoneecpient Import of gold. This gold import will not, however, be likely to begin until
Ing the season from
trail*. If all this specie comes to New York, the problem of tight money will be
partly solved.
WSJT-
Thorn-
■ wnlngs, *c: Leiwx fancy booktold. ISc; mond bookfold, 12»ec: Oakland, AK, 6c; ren^bwkfold, I0%c; Lenox XX. Me; T Cottoe Ituck—Tallassee. T ounce*. » Inches, TV; Tall*see*. I ounces, K Inches. Me; Tatin^a SC*"**- U, * C; S * va **’ 10 OUI ' c **' 30 Shirtings. Checks and Cheviot s—A mask rag. «V. Economy, fe: New gouth. »V; Rotunda, fee: Amoskmar niaia Rscoislnr ct^- s — 1
Stripe <hevh>». «V; Kdlnburgh,
t ham bray etytpes. 7 V
«« CMtona— '
l*c; utlca, 1 * lO-fef'/ic “
American Indls
fancy, <V. wrtMgs. Id
tags, fee; Arnold long cloth B, I long cloth a *V ; Berwick fancy, sollda. fee; Berlin three-fourth# Tur
fancies, 4<4e.
Brown lyrai—Boot,
** tebes, Darling-
ton. II inebe*. iv. Dwight. IM, fc. JlohAwk. M Inches. TV strong advance In wide sheetings Another He advance In leading
btaaebad cottons.
Groceries
I ndlanapolls _ Stoes, i.SKe.; cut loaf, XXXX powdered fe.SSc;
*«*; f»e granulated. fe.Mc;
cartons. S.TIc; extra Ibw granulated. 5 la
» *>«; awld A. gate; coofeuUoaers' t.Mc. .1 CghxuhU. hmarnmi
jgf a, f ||r; | A.’i lie; I IS® pi re A -rraiikUn B, 7. McTlTdeal l&sss •&s?s:r%? s- ,x. vr^v-,;^; 4 Hr; U yelVtw-Xergtooe ex C, Attc; U yelIcw —* American as. C. tUci Ml yellow -centensrtal a* C, ♦ Mr-; M yellow-CaUfornla ex C. AM; |g yellow, I.SOe: M yellow, 4,Mc. & ,tst »a t M, Sc; MS full •tKM, aseis; Mi.
bjht weight, uahB 140. MMhea standard.
' A
« is
hi ■
wirly June. «V#*l M: marrow. «5c; soaked. Tu ♦Me; tomatoea. 1-lb, SfecMILIO; ixirn. sugar, Mctrtl.20; apple butter, a doaan. Lib. 10c
wrigiu, Stwsgi.sv. i«*a.net. atanaara. U TMM ♦; seconds, l-lb, II Utfl »; pie. _ '. plneapidee, standard. Mb. *1 4&®1 »; S'N-.na*. Mh. U.00B1.10; strlnt: beans »-lb cans. Sftc; salmon, l-lb. pineapples. Bahama, ll.MtJI.K; pease, alfted, u iwi,:*;
S5o; soaked. To
lallueNCc of t'rop Ncwo — Brokrra’ hotea—Trade So«r4 ami t'orrent Caissaaewt—l.ocal Jobblug k (tuutailUna.
16#Mc i ^mace n, »0c^il Oo'^nutmoi^^eA- c '*** lv Ih-lwi FVult#—Apples, sun-dried, fee; currants. TVKA-; citron. ISOICc; n«s. U^tyUc; raisin#. Two frown, a lb., a:; evaporated apri-
cota. 14#Mr, dates, a«nic Mlscellaneoua Grocetie*
«c; •svaporatrd apr!
Gmceties—New Orleans Mo-
Common to medium lambs
a wk
ffr, 00
Good lo choice sheep Fair to medium sheep
3 50
?|4 25
2 71*
U3 25
Common ebeep Bucks, per 100 lb*
2 <>«
02 50
2 (KM
«:i ft)
Tho Bepfensbcr wheat option cloned at the low mark of me to-day. etm farther widgning the gap from 70c wheat, September com elooed at Wic apt It. and !>«• camber com at 88*M* gps'tt. Wall Street Aotoalabed. (Boston Obmmeoclal Bulletin. AuguM 5.1 The movwraent of eterliag exchange during the past week has unquestionably been the most import am Influence In the entire financial market. It In go HtUo understood. even here Ira New York, that It will be worth while to devote a little more discussion than usual to it hem. The point Is. that between Thursday s doping last week and Tuesday's closing of the present week, sight sterling dcoJlne-1 1% cents a pound. No decline of any •ueh violence has been wfitneaaotl In the past five or six years; It is commonly supposed that the break In exchange at the time of the war scars in February. ISM. was excessively violent, but even at that time It took twice aa long for sterling to go down Jbj cent as it did this When the break began, gome people declared that a quick upwattl reaction, was certain to follow. The decline was not like that of 1898 and 1896, caused by extremely high money, and It was only partly favored by the fact that the Bank of England did not advance its discount rate any further on Thursday of last week. Notwithstanding. Instead of rtscoverlhg at the opening of this week after the violent enough break of last week jPVlday. the market of Monday and Tuesdnv kept on sliding down, and dW not even steady It-
self until Wednesday.
To say that Wall street was agUonished at this movement would be to put the case mildly. At first it was Incredulous, then, as a second step, the idea of a resumption ef gold Import, which hwd been much flavored in connection with tike Bank of England's operations, was djem ssed entirely, And ai length, In the mLldle of the present week, talk of gold imports begM II Is not at all strange, with this quick succession of positions mure and more favorable to the New York irarkets. that prices of stocks should have ad-
vanced with great rapidity.
It may be worth while to say a word about the real probabilities of this sterling movement. The large bankers In New
1 ^ Hlviijr tlMi
hange
This
wui noi, nuwevci, iw niiely to •*i the latter part ot August at the earnest. What effect such a movement would have on the money markets of Europe it Is ogtremely difficult to judge, and this Is a part of the problem which rather worries some New York financiers. In the meantime, however,. It must be pointed out that this week’s events show that practically all the gold received from the Klondike and from Australia is to be forwarded directly to New York. In fact, such of the transfers as have been made already have simply been made through deposits of gold In the San Francisco mint, and the forwarding to the banker at New York from his San Franclaco correspondent to draw on the New York subtreaaury for an equivalent amount of gold. Now Director Roberts lately' estimated that we shall get this season $18,000,090 gold from the Klondike, and bankers with California connections estimate that not less than $a#.000.000 gold will come during the season from Aus-
ahum. tSc: corn sirup, bbl#.. IS bbM. Me *xll,.n Vinegar—Mali (40-gram bbls. MJ , *r fitlion. iva beans, hand-picked. }S ssetl.so Rlce—Csllfornt*. 4>«#7V. Japan. 4h#i‘*c Lake Salt—In e#r-k>t». 77c; In -nail lot*. Ilk Starch—P<*arl. 2**4t3V:; Champion Oloae. I and 2-lb packages. feifeMfc; com. 1-U> packages. HMHr. Candy—Stick. 4c: common mixed. 4c New Pickles—2.400 in bti'a.. $5.60; LM0 in bbl* . 14.30; 1.200 In half-bbl*. « 25; 400 In hal.'-i'bls., I2.W. Oatmeal, bbl*.. I* JA Rolled oat*, bbls.. $4.10.
Smoked Meats,
( hlcago Live Stock Market. Chicago. August 7.—Estimated receipts— Hogs to-day, 40,009; to-morrow. 18.000; left over. 3.MW. Market steady; mixed and butchers'. $1.3&iH.8S; good heavy, $f.Si0# rough heavy, $4.10r«4.3S; light. $4.30# 4 86. Cattle—Receipts, 18,(100. Market steady; beeves. $4.5<)ifS.85; cows and heifers. $2#4.90: Texas steers, $3.S0#3; stook-
ers ana feeders, $3.252f-4.S0.
14 lb*, average. 13c; ii lb*, average, lbs. average. J3\c; lo lb*, average,
lie. Becond quality. Indiana. SO lbs. average,
HMBfimMHlHH !*•
Sugar-cured Hauue-FIrat quality, 5) lbs. av-
■rage. Me; 18 lbs. average, 13c;
4*. ; UH
„ x #ec«i I
H%e; 18 lb*, average, n\c; IS lb*, average, ll%c; ItU lb*, average. 12Hc; 10 Iba average. ^California Hama—gugar-cured, 4 to 8 lb#.. 8c:
» to 12 «»•.. Ttfec; 12 to 14 lb#., 7*c.
Breakfast Bacon — Clear. Final i*h-cu red, 12>4c; choice augar-oured, best. Me; 6 to 7 lbs. average. 10%e; 8 to A lbs. average. 9c; 10 to 12 lb*, average. 8*0: 6 lb*, average, narrow, *fce: 7 lb*, average, narrow. 8>4c; rib tn. light,
lean. 8%c.
Bacon—Clear sides, about 30 to 40 lb*, average. 7c; 80 to 40 lb*, average. 744c; » to ») lb*, average. Die; clear bettiee, 25 to 20 lb*, average, 7%c; 18 to 22 lb*, average, 7He; II to 14 Ih*. average. 7Hc; clear backs. 3>> to 25 lb*, average. 7c; 13 to 1$ lbs. average, "He; 6 to 9 lbs. average. 7He; French bacta. 5Hc; Antwerp back*, t to 10 tbs. average fbonelesa). 4Hc: flitches. 10 to 12 lb*, averagta 6Hc; In dry’ *sM Shoulders—English-cured—W to 29 lb*, aversge. TV; 18 lb*, average. TV; 10 to 12 lb*, average, *c; bloclfe *houlder*. 15 to 17 lb*, average. fat closely' trimmed off. 8c; sugar-cured.
10 to 12 lb*, average. Sc.
Dried Beef Ham*-Regular #eu, 17V: out•Ides. WV; insldr*. 19c; knuckUe*. 19c. laud—In tierce*. flr*t quality, «V: second. 6V: third, 44*c: tub*. 80 lb*.. V over tierce*. Pickled Pork—.Taney boneW* pig pork, per bbl. 900 pound*., TH.OO; bean, clear, per bbl. 290 lb*.. $12.50: family, per bbl. 200 lb*.. $11.00; saddle, per bbl. 200 lb*.. $10.50; abort clear, per bbl. 100 lb*.. $10.50; rump, per bbl. 200 lbs, $10 60; abort cut, "Valley” brand, per bbl. 200 lbs., <20.00; lean )mm pork. In 50-ib. tubs. 53.50; rolled corner betrf. half bbl*. 100 lb*.. 87 60; also half-barrels. 110 lb*., at half the price of the bb!.. adding 60c to cover additional coat
of package.
Leading- Drags and Oils. Alcohol. $2.42#2.40; usafetlda, 25#17o; gum camphor, 5&c; alum. 2#4c; bromide potash, £ 'i/OOc; cochineal. 50#'55c; chloro'
tnoakeag plaid Excelsior. <V- Amoakeag
<V; Everett Atlantic A.
tatue Ubeny
Me. PeppereU. 9-4. 14e; Pe
Vttea C. fc; ruoa. '
Print*—Allan fancy, sv*r. American indtg > 4V- American shirt ing*. $4o; Merrtmsc shirt-
Cloto B. TV; Arnold
. SV: Berlin
Turkey red#.
*V; Berlin Jhree-feurth* XXXX Turkey red* fc; Cocheco fancies. ic. Cocheco madder*. 4c: Fortanwwth robe*. 4c; Harmony fanrlea, *v,
4Ue-
whoieasle sugar price* Domi-
4.Me: powdered, 6.75c; standard granulated
ulne, 80®4Oc; magnesia, carb.. 2-ox.. 25#30c. morphine. P. & W.. per os.. |2.h)®2.56; madder. 14# 14c; oil. castor, per gal.. 11.12#1.15; oil. berganiot. per lb., $2.73; opium. $3.50#3.76; quinine, P. A W.. per o*.. 41#4«c; balsam copaiba. 50#4c; Boap, castlle, Kr.. 12#14c. soda, bicarb., 4H#Cc; nolt*. Epsom. 4#5c; sulphur, fleur, 6#4c; saltpeter. 8#14c; turpentine, 48# Sue: glycerine, 14930c;'Iodide potassium. $2.50# 2.40; chlorate potash. 20c; borax. 9#12c, ctnchonida. 88(Mtc; carbolic acid, 30#32c. Oil—Linseed, raw, 88c; boiled, 39c gallon; coal oil. legal test, 7#14c; tank, 40c;
_,m. , w" —-, tvi-, best
*tralt», 60c; Labrador, 60c; West Virginia, luTHeating, 20#30c; miners’. 40c; lard oil*, wlnttr Mrained. In barrel*. 60c per gal.; halfbarrel*. 6c per gal. extra; turpentine. 4*#36c
gallon.
The Wool Market.
[Boston Bulletin. 1
Sale* for the week. 5,436.000 pounds. The buslneM continues to show some falling off, gntl the aggregate Is smaller than that for several weeks past. Still the demand continues good, and it is the absence of the huge individual transactions of the preceding weeks that makes the market appear quieter than It really is. All tn all, the demand promises to be merit general in the near future as the smaller manufacturers are beginning to secure order.* for goods, and their purchases are likely to make considerable o: a stir In the market. Their presence has been felt during the past few days and numbers of them will undoubtedly follow. The market is exceedingly firm for all fine imd fine medium stock, and prices continue on the upward path. The top notch of values has not yet been reached, and it only needs heavier buying to send prtcee
kiting upward.
There are actually more wools held off the market Jast now than there are being offered at current values. Holders are a confident set of merchants, and intend to get all the profit they can out of what they own. The receipts are heavy ana supplies are piling up. Storage room Is in demand. Still, it to evident that all that t* here wtU be wanted, and that buyera w|ll have to pay the price set by the seller of go without. The country has seldom been so closely cleaned at this time of
Fruits, Vegetables mud Game. Sell ing price#: Lemon*—$4.00#4.60. New Potatoes—D.25 bbl.; 40#45c biffhel. Onion*—$1.76 barral; 46c bushel. Bermuda Onions—51.00 a crate. Honey—New, 15® 14c l-lb. cup#. Apples—Per peck box. 25#30c; bbls.. $2.00# 8,00 bbl. Cucumbers—25c a down. Watermelon#—$12.00# 16.00 per 100. Home-grown Tomatoes—73c per bushel. Conte loupe*—60c per basket; Southern Indiana, $i.so#2.oo per bbl. Huckelberrle#—$1.50 14-quart crate. Peaches—35#40c per "fifth.” Cabbage—$1.00 barrel. Green Corn—lOo dozen. Damson Plum*—$2.60 per 24-quart cose. Red Plume—$1.C0#1.25 per bushel. Seeds. Clover Seed*—Buying prices, from $2.25 to 12-60 a bushel, according to grades. Timothy need, selling price, from 11.16 to H.50 a bushel. Belling, fancy Kentucky blue gras*, from 51.10 to $1.25; extra clean Kentucky blue gra*s, 60c to 76c: red top, from 75c to 86c a bushel. Selling, English blue grasa, 95c#<1.20; red and English clover seed. $3.oo#3.75; Alnyke clover seed. $4.00©4.75; Alfalfa clover seed, $4.00# 4.76. German millet, 7Gc#$1.00.
Dressed Meats.
Cheese. Jobbing prices: Imported Swta*. !7c a pound; domestn Swiss, IS® 15c: Wisconsin cream, 10®10Hc New York Cheddar*. 10#llc; domestic lira burger, 10#llc; brick. 10#llc.
year as It now Is. Texas Is reported as bar# of supplies, and the Territories have but little. * Stocks In second hand* in the Htales In the Middle West are heavy, but
Leather.
it 1« all confidently held'for prices far beyond the present reach of Eastern oper-
Selllng prices: Harness leather, 330S6c; sole leather, oak. 27®30c; hemlock. ;‘4#2ic; skirting. S7#41c; single strap, 2S#4lc; city kip, SO#
' ‘“ ~ .$3; city
TSc. French kip, 90c#tl French calf, $1.80#LIS.
kip, 50#
ty calf. 90c#$l.l0;
atom.
CITY WHOLESALE FLOTATIONS. Car real Haotatlaas on Varloas
Commodities.
7 Dry Goode. Bleached Cotton—Androscoggin. 26 Inches, the; BUckatone. 34 Inches, 4c; Cabot. 30 Inches, 4c; Dwight Anchor, 84 inohe#. 4%c; Clover. 88 lache#, the. Dwight Anchor, 40 Inches. 9c; Diamond Field. 34 Inches, 4V4c; Farwell. 42 tnche*. Ic: First Call. » Inches, 44c. Glendale XX. 34 Inches 4Hc; Lonsdale. 14 Inches. 7c; JCeoonvtlle, 94 Inches, 7e; New York Mill#. M Inches, 9c: Lonsdale Oam-s
nd,
Utica,
No^ ^i^U feTcUoaT •l£.* gyj uisgham*—Amoekeag. 5c; Bote*. Sc; Everett elamlc*. .6Hc: Lencaoer. 6c; Normandie dree* style#, *r; Manoheser staple*. 4Hc; Tail#
du Norde, 7%c; Warwick, 6Hc.
Wool. The following are price* paid for wagon lets: Good, medium, unwashed, 18c and 19c; burry and unmerchantable, 60 less; fine merino, 15c; tub-washed, 20#26c. Package Coffee*. Package Coffee—A Hoax, $10.16; Llm, $9.85; Jersey, $10.13; Caracas, $915; Dillsworth’s, $10.15; Mall Pouch, $9.65; Gate** Blended Java, $9.65. Hides and Tallow. Hides—No. 1 g. s. hides, 8%c; No. 2 g. s. hides. 7%c; No. 1 calf. 10c. Ns. 3 calf, 84c; No. 1 tallow. Sc; No. 9 tfcllow, 14c. Jobbing Prices In Floar. Spring patent*. $4.00#4.35 bbl; winter patents, $4.10#4.25 bbl; winter straight. [email protected] bbl; extra fancy, $3.66#3 75 bbl; family, $3.00#
Hardware.
Wire Nalls—Base price, $2.40 a Ms, plain wire, base price, $2 45; IX20 per IOC lbs; horseshoe nail*.
keg; 20* to barbed wire, $4.00#6.00 «
Eggs and Prodace.
Atlantic H, 25 inches. 6«*c; Atlantic^ p!^* Inch*#. 5c; American Mill*. M inches, 4c; 14 Uwbsn 5c: Buck's 'Uec J “ - g
Sea Island, U leches
iti
Live Stock at Cincinnati. Cincinnati. August 7.—Hogs dosed weak; select butchers $4.85(04.90 common $3.S5# i 4.00. Cattle—Strong; fair to good shippers ; $4.t!0U6.2f>. common $3.40(0:3.75. SheepSteady; $2.25^4.35. Lambs—Steady; $4.00(& 6.50.
C HICAGO GRAIN AND PROVISIONS. All Market# Were Dull at OpenlnKFrnctlonnl Chanxes. Chicago, August 7.—Every market on the board was easy and dull to the verge of stagnation to-day. IJttle news of importance was forthcoming, and the markets for the most part were left to small traders, scalping operations constituting a greater part of the trading. Wheat opened lower than Saturday's closing price, at 694c. The weather In the spring wheat country continued favorable, and In the absence of any Intlucnttal bull news, this affected prices somewhat. There were no Liverpool or London markets. Pans was a centimes higher. Crop conditions In Europe, according to Beerbohm, were unfavorable in Austria and the Russlas. which created some belief in an early revival of the export demand. Northwest receipts were light, Minneapolis and Duluth reporting 273 cars, agaim t 535 last week and 138 a year ago. Chicago receipts were 165 cars, 38 of contract grade. The proportion of new wheat continued much lighter than last year. After selling at (®c a moderate covering movement carried the September price back to 694c, but It reacted again to 69VfeC. Corn was weak early on the favorable weather and the estimates of heavy crops In Kansas and Nebraska. Country selling, however, was remarkably light. A fairly good commission house demand and some buying by local shorts steadied the market and resulted in a good recovery. Receipts were 413 cars. September opened 4<§4c lower at 30%@304c and ad-
vanced to 304c.
Oats were dull and without independent features, the market In the main following corn. Receipts were heavy—507 cars. September opened a shade lower at l»4c and advanced to 19%@10%c. Previsions were affected by liberal hog receipts and lower prices and opened lower all around. The demand for meats was good, and the market steadier later. September pork opened 74c lower at $8,424 and advanced to $8.50. September lard opened a shade lower at 5.374c and held at about that price. September ribs opened a shade lower at 6.074 and ad-
vanced to 5.10c. Quotations.
(By L. W. Louie'* Wire.] Open- High- LowArticles. Ing. eat. est. —Closing.—
<#4 .1 714-4 714-% 714 714-% 714-4
WheatSept .... Dec
Corn-
Sept 30%-4 31 Dec 284-4 28*
Oats—
Sept
Pork— Septf..,.
Aug. 7. Aug. 5. ■ Cl 694-4
714-9
304-% 304 28%-4 28%
19%
19%-% 19%-% 19%-% 19%-%
19%
19%
19%
19%
19%
8 42
850
8 42-46 8 47
8 50
8 47
8 55
8 47
8 52
865
6 37
5 40
5 35-37 5 37
5 37-40
5 45
5 45
5 42
5 42
5 45
5 07
5 10
6 07
5 10
5 07-10
5 15
6 15
5 12
5 12
5 12-15
native heifers. S30 to 600 lbs. 74«; native cows, 400 to 660 lbs. 64c., cow*. 650 to 850 lbs. 840 «%c: *tetr fores, Tc; *teer hind*. *4c; heifer hinds, 94c: heifer fore*, 4c; cow fores, 54c; coW hind*. <40. Veal—Carcass. 104c. Mutton—Bpring lambs. 12c; sheep. 14c. Tinners’ Supplies.
aug un, oral oranue—ro, i«x£U. **. iaw 6.25; IC, 20x28, »9.60«10.50; IC. 20x28, old style. <18.60# 15.60; block tin In pigs. 30c; block tin In bars. 22c; ziqc, sheet, 9c; copper bottoms, Me; planished copper, 28c; solder. 48#l9c: iron. 27 B, 13.25; Iron. 27 C, <3.50; Iron, beet bloom, galvanised. 70 per cent.; lead, pressed bars. 4c.
Iron and Steel.
ing price*: ;
, <2.25#2.W bane; bar steel. <2.50#276 ■teei tire. $1.00#3.25; toe calk steel. 53.60
Jobblr
Iron.
bass; steel
base; plow steel, » 25; lay steel, *5.50; machinery steel, <8.25 base; tool #teel. 9# 15c base; steel shafting.. 25 per cent, discount; horseshoe*, 53.85 base
Ribs— Sept
Oct
Closing cash markets: Corn 304c, oats 19%c. pork $8.45, lard 6.35c, ribs 6.07c.
Primary Markets.
Primary market receipts of wheat were
756,000 bushels, against 526.000 bushels the
corresponding day of last year. Minneapolis received 190 cars wheat and
Duluth To cars, a total of 274 cars, against 138 cars the corresponding day last year.
SL Louis: Receipts—Wheat, 104.000
bushels; corn. 261,000 bushels. Shipment! —Wheat, 6,000 bushels; corn, 90,000 bush-
els.
Toledo: Receipts—Wheat, 104,000 bushels; corn, 62,000 bushels. Shipments— Wheat. 38.000 bushels; corn. 47,000 bushels. Chicago: Receipts—Wheat, 52,000 bushels; corn, 235,000 bushels. Shipments— Wheat, 34,000 bushels; corn, 572,000 bush-
els.
Omaha received 5,000 hogs and Kansas City 4.500 hogs. Exports of wheat and flour were: Wheat. 488.980 bushels; flour. 38.704 packages. equivalent to 660,000 bushels wneat; corn, 723,000 bushels. Grain Letter. (By A. W. Thonmon's Wlre.l
hlcai
ent
has been .... „„ lw the volume of trade. The wheat market, however, appears to act stubborn, and yields slowly to the pressure of cash prop-
vv* V**X- X.■ CTO v# 4 X, USA V.C5291I Jfjl
erty, and the onslaughts of the bears. The feeling Is gaining ground that foreigners are bound to be free buyers In this coun-
ay tmM
Manckratsr fancies, 4c; Pacific Parthian*. 44c; Pacific mourning*, 4V*; Simpson mourning#, *4e; Veira* ,.tl bio* and green. Sc; Windsor
Paying price*;
Poultry-Hens. 84c; chicken*, 9#l0c.
JQM*~-<c.
THE LIVE STOCK MARKET. Cattle Steady — Hog# Quiet — Sheep
and Lamb# Quiet.
Indianapolis Union Stock Yards. Aug. 7. Cattle—Receipts light. Shipments none. The few fresh arrivals of cattle sold promptly at steady prices, and Indications favor steady prices for all fat stock
for the early future.
Export and shipping cattle we quote;
Good to prime steers, 1.350 lbs.
and upward $ 5 35*05 75
Fair to medium steer*, 1,350
and* upward 5 00@S 35
Good to choice 1,150 to 1.300-
steers $ lO^-j 45
Fair to medium 1,160 to 1,300-
steers 4 80#5 20
Medium to good 900 to UOO-lb. Good to choice feeding steers... Fair to medium feeding steers.. Common to good stockers..
Indianapolis Grain Market.
Wheat—Quiet; bids for “regular"; no track bids; No. 2 red 66%c. No. 3 red 63% (jrfvjtac. August 664c. wagon wheat «7c
Corn—Dull; No. 1 white $Xt
/a - , I white 33%c, No. 2 white <dne color) 35%c. N magifiM
No. 2 white mixed
No. 4 white 30%@324c.
No. 3 white
000, 11 v. .1 wnue
mixed 33c. No. 4 white mixed 3O<032c. No. 2 yellow 33c; No. 8 yellow 33c. No. 4 yel-
Provlrlofis—Steady. Whisky—Dull, Indlaaa Oil. Montpelier, Jnd., August 7.—Indiana oil. 88c a barrel. STOCKS, MONEY AND BONDS. Deri Inez Marked Early TradingHoliday In London. New York, August 7.—Declines were the rule and gains the exception at the opening of the stock market to-day. American smelting rose a point and People's Gas %. Among the losses Brooklyn Transit and Metropolitan Street Railway were off % and 1%. respectively, and Leather preferred lost %. In the railroad list exchanges were small, losses predominating'. To-day being a holiday In London, there was no initiative from that source. Continued pressure against the industrials and more prominem railways generally did not prevent confident buying in a few isolated stocks. Kansas City, Pittsburg & Gulf advanced almost five points and reacted 2%. Wisconsin Central and Pittsburg, C., C. & St. Louis also made wholesome gains. Covering by shorts promoted a slight rally In the general list, but the higher level was not very well maintained. The early heaviness gave way to strength, and there was active buying cf standard stocks. The Pacific led the movement. Union and Northern Pacific hardening l%<gl% per cent. Anaconda was then pushed up two points, and the Grangers and South%vesterna lifted above Saturday's close. There was less doing In the Iron and Steel stocks than for many days,, and the fluctuations were not important. ^ Kansas City. Pittsburg & Gulf came badk to the top notch.' and started on the doSvn grade again- Bales at noon 212L422 sharea Money. Money on call nominally at 3@3% per cent. Prime mercantile paper 4@4% per cent. Sterling exchange steady, with actual business In bankers’ bills at 486® 486% for demand and at 482%® 482% for sixty days; posted rates 483V*®484 and 487%® 488; commercial bills 481%®482%. Silver certificates 60%@61c. Bar silver 60%. Mexican dollars 48. Bonds. Government bonds steady; U. S. 2s reg. 100%, 3s reg. 108%, 3s coupon 108%. new 4s reg 129%, new 4s coupon 129%, old 4s rer 112%, 4s coupon 113, as reg. Ill, couStocks. [By L. W. Louis'* Wire.) Open- High- Low- Clo*Name. in*, est. e*t. ing. Atchison 20% 20% 20% 20% Atchison pfd 62% 62 62% 62% Amer. Tobacco 115 116 112% 113% Cont. Tobacco 47 47% 45% 46% C.. B. & Q.... 135% 136% 135% 136% C.. C., C. & St. L.. 57 57% 56% 57 A. 8. W 58 58% 57% 57% Chicago Gas 120% 120% 118% 119% Ches. & Ohio 27% 27% 27% 27% Leather, pref 72% 72% 72 72% Kae. & Tex., pret ... 36 36 36 36 Louisville & Nash... 75 75 74% 74% ManhatUn Con 117 117% 116% 117% Missouri Pacific 48 48% 47% 48 Northern Pacific ... 51% 53 61% 52% N. Pacific, pref 77% 78% 77% 77% New York Central..138% 1»% 138% 139% Pacific Mall 47 47% 46% 46% Reading 20% 20% 20% 20% Rock Island 117% 118% 117% 117% Southern R'y. pfd... 51% 51% 51% 51% Sugar Refinery .160% 160% ir,9% 163% St. Paul 130% 131% 130% 131 Tennessee Coal 79 79% 77% VS Union Pacific 43% 44% 43% 44% Union Pacific pfd... 77 77% 76% 77 Western Union 89% 90 89% 89% Wabash pfd 22% 23 22% 22% B. R. T 114% 115% 114% 114% Federal Steel 59% 60 69 59% Federal Steel pfd .... 81% 81% SI 81
ling is
bound
try before long, and speculation, as «, usual, is trying to anticipate future events. Advices from the Northwest are less favorable, and people in the trade are revising their former estimates, as to the probable yield. Minneapolis got two cars new wheat from Adrian, Minn. Toledo advised no demand for cash wheat at that point today. Primary receipts 750.000 bushels, against 520.000 bushels last year. The visible Increase of over 1.000,000 bushels was age In disappointing to holders. Tola? clearances of wheat and flour equal to 680,000 bushels. Continental Cables: Paris and Antwerp—Steady. Berlin—% to % mark lower. Amount on passage In-
creased 984.000 bushels.
Corn was weak for the later futures and firm for September. This is caused by the excellent cash demand and small acceptances from the country. Relatively high bids sent out on the basis of Chicago market secure very little property. Visible decreased 1,850.000 bushels. We are of the opinion, as we have oefore advised, that the premium of September over December will increase further unless farm-
mers become freer sellers.
Oats steady but firm. Very little feat-
ure. Cash demand fair.
Provisions—Market opened steady, with small trade; later firmed on the strength in grain. Speculative trade small, with little feature. Cash trade still remains
good.
!« SPANIARDS ACQUITTED. They Surrendered Because There
was Nothing Else to Do.
Madrid, August 7—The supreme courtmartial before which Generals Toral and Pareja have been on trial, charged with surrendering Santiago de Cuba to the United States forces without having exhausted all meana of defense, has acquitted both officers on the ground that they acted on the orders of their superiors, and only surrendered when It was Impossible to do otherwise. The Judgment severely censures those In high command In the colonies and In Spain, as well as the governments responsible for the lack of resources for the defense of the colonies. It was rendered by a majority of one vote only, and Is not well received by the press and public, which wanted a clearer exposure of relative responsibility.
Campon Predicts n Crisis. Madrid. August 7.—Marshal Martinez de Campos, president of the Senate, in an Interview Just published, predicts a ministerial crisis in November, adding that the ministers of war, marine and Justice, General Polavleja, Admiral Gomez Imaz, and Senor Duran, respectively, will resign. Catholics and Free Thinkers Fight. Madrid, August 7.—Serious disturbances have occurred at Castellon, Opposing bands of Catholics and free thinkers fought In front of a church yesterday, and several persons. Including a priest, were injured.
low 30®32c. No. 2 mixed 32%c.
mixed 32%e, No. 4 mixed 29%®31%c, ear
No 3 HEAVY RAINS IN SCOTT.
aches. No.
mokes
Butchers' cattle we quote:
Good to choice heifers
Hum light
Good to choice cows Fair to m.tdium cows Common old cows
4 25®4 751
Fair to medium heifers 3 75®4 I5i Common to light heifers, 3U0®3 6S'
3 75®4 25 3 2503 63 2 2503 00.
Veal calves 5 0007 25 Prime to fancy export bulls.... 3 75®4 w Good to choice butcher bulls... 3 25<83 so Common ro fair bulls 2 75®3 00 Good to choice cows and eaives 35 00®45 00 Common to medium cows and calves 15 ctksao 00 Hogs—Receipts 2.000 head. Shipments 1.500 head. The hog market opened quiet, and later, with packers the leading buyers, wa- fairly active at 2%c to 5c lower prices than the high time last Saturday,
we ai Good
to choice medium and
heavy
Mixed and heav
y packing.‘I! lightweights..
$4 754/4 80 4 70® 4 75 4 75®4 82%
Good to choice
Common lightweights gw*
Sheep—Receipts tight. Shipments none. The few arrivals of sheep and iambs sold at rather lower prices. Good to choice lambs 2596 Of
# uats—weak: No. 2 white 23%c, No. 3 white 22%c, No. 2 mixed 21e, No. 3 mixed 20c. %■ Hay—No. 1 timothy <9.00(010.00. new No. 1 timothy $9.00®9^0. No. 2 timothy 18.50® 9.00. Inspections: Wheat—No. 3 red 2 cars, rejected 3 cars: total. 5 cars. Corn—No. 3 white 23 cars. No. 4 white 1 car. No. 3 yellow 1 car. No. 3 mixed 13 ears. No. 4 mixed 3 ears; total. 43 ears. Oats—No. 2 white 4 ears. No. 2 mixed 3 cars, rejected 4 cars; total. 11 ears. Closing of Other Wheat Markets. [By A. W. Thomson's Wire.] August 7. Sept. Dec. Cash. New York ....74% bid 7678 bid St. Louis 6S%®% 71% SBSr?:::» 8?* :::: Toledo 71% 73% 69% New York Provisloaa. New York, August 7.—Butter—Receipts 11.401 packages: firm; Western creamery lS%®18%c fresh factory 11®14%c. factory '.692 p
Within Two Weeks Nearly Six Inches of Water Has Fallen.
•%<*. ■'man voiwi cu j—y.. r-sss—rveeeipis —6,992 packages; firmer; State and Pennsylvania 15%©16%<\ Western regular packing 104* 13%c at mark. Sugar—Raw firm; fair refining 4c. centrifugal (96 test) 4 9-16c, molasses sugar 3%c. Coffee—Dull; No. 7 5%cFlax at Chicago. Chicago, August 7.—Flax—September October 9?c, December 96c, No. 1 Northwest $1.02%, Southwest 98c. Cincinnati Market. CtTicJnnati. August 7.—Flour—Quiet; unchanged. Wheat—Easy. 88e. Corn—Quiet. 33e. Oats—Easier, 21%®22c. Rye—Steady,
[Special to The Indian#poll# News.) Semtsburg, Ind.. August 7.—Few people remember when the rainfall has been so heavy here at this time of the year as during the past two weeks. A veritable deluge fell here again Saturday afternoon. It was one of the hardest rains ever seen here, and In less than an hour 2.06 inches of rain was reported. Within the last two weeks nearly six Inches ot rain has been registered, an unprecedented amount at this season of the year. The hardest rain was on July 28. when 2.18 inches were marked. These rains seem to be purely local, none of them having covered a very large area. As a result, creeks have been out of their banks much of the time, and the bottom lands have been covered with water, greatly injuring corn and other crops. The rain Saturday did great damage to the first tomato crop, which was ready to pick. An Assignment at Frankfort, Ky. Frankfort, Ky.. August 7.—Joseph Miles, president oi J. E. Milts A Sons' Flouring Mill and Grain Elevator Company, to-day filed a deed of assignment. Assets over UOO.'jOO, with liabilities in excess of this amount. E. L. Samvel, of ’he Branch Funk of Kentucky, is the assignee. Mills cwna real estate in Chicago, which is included tn the assets. ^— - Raining tn India. Bomhav, August 7.—There has been ft alight fftU of rgln tn various parts of west ern India during the last two days. Tnmonsoon is current again, though not strongly. The situation is somewhat improved.
DEAR MONET IN ENGLAND
THE BANK OF ENGLAND SAYS IT MUST COME.
It is Still Master of the Financial Situation — Condition# in France Threatening — No Baying of American Hailroad Stocks.
Broken’ Gossip. [By L. W. Louie's WIrs.] New York, August 7.—There were movements in certain specialties, notably in Kansas Gulf common, and also the bonds. The cause of the movement was somewhat difficult to ascertain, although all sorts of rumors were current, one being that It would be unnecessary to Issue any receivers' certificates. The street has a short memory, as $800,000 worth of certificates have already been Issued. Any one who knows anything at all about the conultlon of the road is convinced that further certificates will have to be Issued, and that if the reorganization committee wish to put the property In first-class physical condition, that assessment on the stock will be no light one. The whole movement looks like,a piece of manipulation, having for its object the creation of a market, on which some ot the insiders may sell. Possibly It may be due to the fight that Is gojng on between the two reorganization committees. American Tobacco held strong, although there was some short selling on the statement made In Sunday’s papers that an opposition tobacco waa shortly to be formed, with a capital of $4,000,000. Considering the past record of the American company, and Us dealings with opposition companies, a $4,000,000 concern Is not likely to prove much of an obstacle to the welfare of the trust. Indlaaapolis Clearings. August 7. July 31. Clearings $896,509 96 ’ $823,652 52 Balances 113.460 36 56,492 60
New York. Augvst 7.—The Times'* London financial correspondent cables: The position last week did not materially differ from that of the previous week. We now wait the course of events, take our holidays, and leave speculation pretty well alone. The supreme question is still dear money—Is it coming or not? The Bank of England people say, “Yes, It must come,' and they do their best to keep the market from slipping away. The market thought the worst was over a week ago, and was deeply chagrined last week to find the bank still the master. On Monday discount was 3% to 3% per cent., and on Wednet-day the- supply of credit was so short that the market had to go to the bank and discount October bills at 3% per cent., besides raise a little money on short loan at 4% per cent. This was rather a staggerer, and accordingly bill brokers may have to work at 3% to 3% per cent., the rates they had been before quoting and cutting. Short loans In the open market. however, were sttll procurable, ordinarily at 2% to 3 per cent. While it to possible somebody will usually take the bills below the published rates, at the Bank of England the opinion now is that Its rate may go to 4 per cent, next week, but much depends upon foreign exchanges, especially on that with New York. Should your brokers claim gold from London this autumn, the consequences might easily be a nasty crisis, partly here and especially
on the continent.
Conditions In Franc*.
If the French wheat crop Is at all short this year, necessitating increased importa^ tion. the monetary difficulties In Paris are almost sure to reach an acute stage. As It Is, speculation on the bourse Is paralyzed, and the official brokers are openly accused of maneuvering to depress rentes against the government. The accusation has not been proved, tut tho fact that It has been made reveals the atmosphere of suspicion in which the French people exist. And the bourse and the people are smothered in financial commitments from which there can be no Immediate deliverance. The deadlock continues to prevail both In France and Germany and in a minor degree here, so time and gold can aione permit us all to escape without Intolerable sacrifices. Our stock market Is quite paralyzed in many departmenta. The efforts daily made to engage us m new speculation in your railroad stocks are so far an uttsr failure. I last week again made It my business to inquire around the city among investment brokers whether the clients had begun to buy. "Certainly not,” was the Invariable answer, and some added: Ours are still selling, and we have or- ^".„ on x2 ur , !>? 0 H T now t0 " f:U l*«nnsylSSttooS’™" Nor ”" !n ' *" J A fringe of gamblers is no doubt punting In and out, but solid markets are Mn»u r . t ^ U8 <> e8tabl, »hed. The truth is that until the fears about money are ended; etlll more until the excessive commitments to speculation in Industrial and mining securities are worked off, means to take the American market In hand
will not be available.
Add the industrial activity which every week demands more currency to the danger of autumn demands upon our gold from many quarters, and it fs not difficult to understand the lethargy that has fallen upon us. Last week the Bank of England received £844,000 in gold from abroad, and £806,000 of it has gone into circulation. Usually large sums go Into circulation at this time of the year, and come back soon. This year so far nothing has come back, and people say that it is because some Joint stocks begin to hoard gold on their own account Instead of leaning wholly on the Bank of England stock. There is not much truth behind this assertion, for it Is trade which - nuires the cash. However, I look for a
wear from the historic campaign of KW. when the noted home was the political Mecca for nearly 1.000,000 people. CANADIAN GARRISONS. Milltarr Forces at Victoria. B. C„ to be lacreaeed. Victoria, B. C, August 7.—The imperial government and the Dominion authorities have decided to increase both the regular military and militia forces on this station, the Pacific coast depot of the British army and navy. Coming at a time when the relations between Canada and the United States are acknowledged by Premier Laurier to be rather strained over the Alaskan boundary question, it looks as If Britain and Canada were determined to assert their claim to this portion of Alaska demanded by Canada by force of arms if necessary. Bayne Doe# Not Expect War. Chicago, August 7.—Sereno E. Payne, of New York, chairman of the ways and meana committee of the House of Representatives and a member of the Joint commission on Alaskan boundary, arrived in Chicago from a tour of two months in Alaska and the Pacific coast. Mr. Payne said: “Being a member of the commission, my lips are sealed as to the probable report, and the course the boundary matter will take. This would be a matter for an arbitration commission If one were appointed. I do not think Sir Wilfrid Laurier had any idea war would result from the boundary question when he made his recent speech in Ottawa. I do not consider such a thing worthy of serious consideration.” OBITUARY.
Axor Smith Mart in. New York. August 7.—Col. Azor Smith Marvin, for many years president of the Marvin Safe Company, is dead, at his home, in Brooklyn, age seventy-four. He went to California in 1849, and remained there several years. He served with distinction throughout the civil war. After the war he went to Philadelphia and remained in business there for ten years, returning to New York to engage in business with his father, who was the pioneer of the safe-making business in the United States. 1 William O. Gibson. [Special to The Indianapolis New*.] Washington. Ind., August 7.—William O. Gibson, of this city, a veteran of the civil war, through which he served in the Twenty-seventh Indiana, dropped dead this morning of heart disease. He was seventy years old, and with a good war record.
requires the cash. However, I look for 1 stiff, uncertain, and choppy money mar ket all the rest of the year. For the current month the changes may not be greater than I have Indicated, but conditions
are so uncertain that a small accident ty-nlne years
might upset all our calculationa And we are by no means clear of the
danger of a South African war, which would temporarily shut off the Rand gold supply. On the other hand the new de-
Fine Block Stone. [Special to The Indianapolis New*.] Bedford, Ind., August 7.—The Perry, Matthews & Busklrk Stone Company has shipped to Indianapolis two car loads of the finest block stone ever quarried here. It will be used In the Soldiers' Monument. The blocks are fourteen feet eight inches long, six feet wide and six feet six Inches thick. The Rev. 8. G. Benham. [Special to The Indianapolis News.] • Bedford, Ind., August 7.—Word has besn received of the death of the Rev. S. G. Benham, pastor of the M. E. church at Freedom, in Greene county. He was largely known throughout central and southern Indiana, and at one time was attached to the Bedford circuit. Two Deaths at Kokomo. Kokomo. Ind., August 7.—William B. Morgan and Ed. A.McClelland, prominent manufacturers of this city, are dead. Mr. Morgan leaves a wife and seven children. His Illness was brief. Mr. McClelland was conspicuously known to canning factory circles, having plants at Wabash, Wina-
mac and this city.
The Rev. G. W. Pepper. Cleveland. O.. August 7.—The Rev. George W. Pepper, D. D., is dead, at his home. In this city. Dr. Pepper had been in ill health for several months. He was ordained a Methodist minister In 1850, .and was prominent in that church in Onto. It. 1890 he was appointed United States consul at Milan, Italy.
A. B. Barton.
[Special to The Indianapolis News.]
Terre Haute, Ind., August 7.—A. B. Barton, who had lived In Terre Haute for fifty years, andL^as a prominent real estate dealer years ago, is dead. He was seven-
ty-nine years old. * s
Mrs. Benjamin Grosscap.
supply. x/u lilt? viutri IICMJU. n*tr ntsw tttjcree ordering & gold standard for India seems a kind of owlish Joke, since India Is unable to collect gold save by bor-
rowing.
KIPLING BOYCOTTED. “Drums of the Fore and Aft” Censored for Containing; Cnas Words.
Ashland, O., August 7.—Mrs. Benjamin Grosscup, mother of Judge P. S. Grosscup, is dead. She was seventy-eight years old. and had been married fifty-seven years. Her husband and four children survive.
Herr Vonderlasa.
Berlin. August 7.—Herr Vonderlasa, a German diplomatist and celebrated chess-
player, is dead.
CONDENSED DISPATCHES.
[Special to The Indianapolis New*.] Crawfordsvllle, Ind., August 7.—Rudyard Kipling has been boycotted by the Sunday-school of the First M. E. church of Crawfordsvllle. Some time ago the Sunday-school purchased a number cf new books for Its library of Cranston & Curtis. the Methodist publishers, of Cincinnati. As these books came from what was regarded as the fountain-head of pure literature, little heed was given to the fact that the publishers nad thrown In for good measure several boo'ts not ordered. Among these was Kipling's "Drums of the Fore and Aft." It came from the Methodist Book Concern, and so naturally the Sunday-school librarian, who had never read it, did not search its pages for iniquitous passages. It was catalogued, shelved, and let out to the budding innocents of Crawfordsvllle, to work out Its Influence. The book finally came into the family of one man who takes pains to read everything that comes into his home, and he discovered that the book whs “fairly reeking.” as he said, "with cuss words and the moat outrageous s.ang." Fortifying himself with numerous cholie passages he went before the Sunday-school authorities and opened their eyes as to the "damning character of the literature t.tey were disseminating." His plea was efficacious and the deadly book was thrown bodily out of the library. Anything labeled Kipling will hereafter have a hard time to get In the library of that Sundayschool.
THE LA. 300 AND THE TRUST
WAGE CONFERENCE POSTPONED BY THE GREAT COMBINE.
The Workmen Anxtons to Resame la September, While It te Allege# that the Maaafactarcre Desire Still Farther Postponement.
[Special to The Indianapolis New*.] Muicic, Ind., August 7.—Among the window-glass workers. I* A. 300, there is a widespread distrust of the new windowglass combine. They have no faith In the sincerity of the trust manufacturers, regarding the combine as eager to seize any opportunity to, annoy the wage-earner. President Chambers, of the combine, as shown by the dtopatches, has refused to meet tho wage committee of L. A. 300 tomorrow. the day appointed by the wageworker* for the beginning of the wage conference between the manufacturers and the workmen. This delay was anticipated by the workers, who regard It as the first step, and while President Chambers reports that the manufacture:-* will be ready by the 15th inst., they mt’clpate still further postponement. Even should the conference begin then, the workmen expect that still futther delays will be introduced, and that the manufacturers will tpake no attempt to reach an agreement, taking effect sooner than the latter part of October or the 1#: of November. The workmen further believe that the combine wishes to delay the starting of fires under the tanks until that time, so as to create a scarcity of wares that will assist in preserving high prices after the factories shall have refeumed. Meanwhile, the workmen are anxious to resume work on the 15th of September, and L. A., 300. has notified the manufacturers that unless the policy ot delay la abandoned and the trust begins treating with men on the wage question In all sincerity. overtures will be invited from the independent and co-operative concerns, who are known to be anxious for an early settlement of the scale. Conservative men believe this action will compel the combine to reach an early agreement. A Historical Fight Imminent. The fight in the window-glass trade this season bids fair to become a historical on# for organised labor, and the Industrial combines. The L. A., 300. is probably the stanchest and wealthiest labor union in the United States, and opposing it on the question of wages and starting time to the gigantic window-glass combine, backed by $30,000,000 capital. However, this combine does not control all t£e win-dow-glass house#, and there are a large number of Independent and co-operative plants that will enter into active competition with the trust in the American mar-
kets.
The trust controls a doubtful 90 per cent, of the producing forces, and is conceded by the opposition to have 83 per cent. The independent and co-operative factories are constantly becoming more numerous, and if they continue to Increase at the present
rate it will require several million dollars
. _ season to keep them
purchased or under option. A number of
before the close of the 1
the Independent manufacturers have re fused to sell at any price, and at least one Instance is known where the owner of a $10,000 plant refused*to consider an offer from the combine of $100,000. The independents calculate that if the combine raises prices they will profit by the rise, and
hence have no desire to close out
PRESIDENT WILL ATTEND.
Ha# Accepted Invitations to Banqaet During the Chicago Festival.
New York, August 7.—A special to the World from Plattsbure, says: President McKinley has at last promised to attend the Chicago autumn festival to be held the week of October 9. Charles Truax, chairman of the feetlv.il committee, who came here to consult with the president concerning the general program. left fully satisfied that the President will participate in the festlvitien now being arranged. It was not President McKinley's original Intention to do more than take part In the ceremonies of laying the corner-stone of the new Chicago Federal building, out he hus been persuaded to accept several Invitations to banquets, and will certainly make one or two speeches 1 . Mr. Truax was somewhat disappointed because of the refusal of Sir W'ilfrid Laurier. Canada’s Premier, to attend the ceremonies. Speaking of Laurier's reasons tor declining. Mr. Truax said: “If it Is an amicable and fair settlement of International deputes that Sir Wilfrid seeks, why should he not accept our offered right hand of gnod-relk'WPhi:«. If his reasons are correctly quoted—and I trust they are not— he has certainly misjudged the character and good sense of the people of tills country."
* Bought the "McKinley Cottage.” Canton, O., August 7.-President McKinley has purchased the famous "McKinley cottage,” at the comer of North Market street and Louis avenue. The deal was clewed Saturday. The consideration was <14,500. He will secure possession October next. The property was endeared to President snd Mrs. McKinley a* their first heme, where they began housekeeping, and by tender memories of sorrows there. The front veranda shows the most
Durlrg a severe thunder storm Saturday the lightning conductor on the Eiffel tower was struck ten time*. The Atlanta (Ga.) Council has demanded the resignation of Mayor James G. Woodward because of his Intemperate habits. Davis Dalton, a well-known swimming instructor, died of apoplexy, near Hog island, Rockaway. while givirg an exhibition In swimming. According to the Government for the fiscal year ending June 30, 1899. diamonds to the value of $20,049,061 were imported into the United States. Patrick Drury, a wealthy citizen of Springfield, III., was killed Saturday by coming In contact with a live wire. The coroner's Jury returned a verdict placing the responsibility of his death on the Ca!^ itai Electric Company, to which the wire belonged. Benjamin H. Snell, age forty-five, a special examiner of the Pension Office at Washington, cut the throat of Lisa Wetssenberg. a thirteen-year-old girl, with whom he was said to be infatuated. When arrested. Snell said he remembered nothing about the crime. Ruth Swarts. age sixteen, was killed by her mother. Mrs. Catherine Wise, at Greentown, O. The murderess then went a mile and a half and threw herself into a pool of water at an abandoned stone quarry. The cause of the crime is supposed to be an unfortunate love affair of the daughter. United States revenue officer* raided two illicit distilleries operated within three miles of Chlckamauga Park. Both establishments did a land-office business last yrar In supplying whisky,to soldiers, at Chlckamauga Park, and had defied arrest, the soldiers aiding the moonshiners Jn keeping the officers off the track. In all the churches of East St. Louie yesterday a letter was’ read from Bishop Janssen, concerning the rebellion In Ft. Patrick's congregation. The bishop gives the parish! >o;rs u» til next Wednesday to recognize Father Cluse, his appointee, as pastor cf tho church. AH who refuse to submit after that day will be excommunicated from the Catholic church. The official investigation into the collision at Juvisy, a suburb of Parts, on the southern side, between the Orleans line Paris and Nar.tes train and the Paris and Lyons Mediterranean train, show that seventeen persons were killed and seventythree injured. The collision occurred during a terrific fiunderstcrm, and it is supposed that the electric current may have been resptmrlblc for the defective signaling. Officers md cadets at the Military Academy at West Point deny that there was any race persecution connected with the resignation of Sigmund S. Albert, of Lancaster. Fa., or those of two ether young Hebrews. Albert left the institution. It is asserted, because he and another Pennsylvanian. oan.td Alvord. his companion, were personal]}- objectionable to the members of their class. Tho story of persecution is dtocredlted at Washington. Fifteen hundred admirers of the late Robert G. Ingereoll held & memorial meeting in Studebaker Hall at Chicago. Ingersoll, the agnostic, was passed over, that memory might dwell on Ingersoil. the father, husband and friend. “Our Friend' was the phrase that the speakers, one after the other, used in referring to him. and a!' found in the man whose memory was honored a personal character worthy of the highest praise. More than half the speakers confessed that they stood as representatives of the Christian creed and as believers in immortality.
A Dozen Oosen Dosen. That's the way Hits'* breakfast light rolls ore selling.
A SETTLEMENT IN SIGHT. Operator Hoston WUltag to Slaw the Scale If Coacesstons Are Made. [Special to The Indianapolis New*.) Evansville, August 7.—SuperintendentMoody, of the Bunnyslde coal mine, lias returned from Paris, 111., where he has been in conference with President Hueton. It was while non-union negro miners were being taken into this mins that the first blood during th4 strike whs shed. Since then operator Huston has been one of the hardest fighters against the strikers. Mr. Moody now reports that Mr. Huston is willing to comply with the demands of the union men. If they stand ready to make what he considers a Just concession. Mr. Huston insists that so long as he employs union labor and pays the scale, he should have the right to regulate the number of men to be employed. In other words, if one hundred men are at work and business becomes dull, he claims the right to reduce the working force sufficiently to meet the demands of trade. The union Insists that the full force of men shall be kept on the pay-roll, and that when trade is slack the working hours shall be reduced, and the time required to get out the coal needed be divided up pm tata. This point alone is the stickler at Hits time in the Southern Indiana strike. If Mr. Huston gains his point. It will probably settle the strike, JOINED THE STRIKERS. Printers Engaged by the Near York San Change Their Mind. New York. August 7.-A new phase was injected into the controversy between the printers and the management of the Sun this morning by the arrival here of the steamer Endeavor from Philadelphia with 104 non-union men In charge of Charles William Edwards, the Sun's superintendent of printing. Only nine of this number, on arrival here, went to work, and after working for lees than half an hour, five of these Joined the ranks of the strikers. On board the Endeavor was a printer who had gone from this city as an emissary of the strikers. He spent the time on the trip »o this city in explaining the situation to the non-union men. the majority of whom decided not to fulfill their contracts with Mr. Edwards. When the Endeavor reached pier A. North rivor, the non-union men were landed, and. as they started up Broadway for the Sun office, they were joined by a committee of strikers. Before the office of the Sun was reached, ninetyfive of the non-union men dropped out of lines, and they were escorted to the rooms of the Press Wheel Club, where they listened to an address by President Delaney, of the Typographical Union. No. 8. They were afterward escorted to the headquarters of the inion, where they were cordially greeted. According to the strikers’ figures, there were twenty compositors at work In the Sun office this morning. It is said the actual number of men on strike in the composing rooms of the morning and evening editions of the Sun is sixty-eight night coniposltffrs, thirty-one day compositors, sixty "sube.” thirty sureotypers and six pressmen. The men engaged in the press, mail and delivery rooms have, !t is said, no organiatlozn.
to make a reduction, but there is difficulty in getting service. Men are still employed at 12 a day to d.> the work. — — «" — KOKOMO AUTOMOBILE. Arraagemewts Making t« Thribla fbe Manufactoring Capacity.
ALL TROOPS WITHDRAWN. Civil Authorities Mast Cope with Cleveland Strikers. Cleveland, O.. August 7.—For the first time in over two weeks the city to-night will be practically without military protection. AH of the troops will be relieved from guard duty to-day. Two of the six Fourth Regiment conqpanies now guarding the barns of the Big Consolidated Street Railway Company, will be relieved from duty entirely. The other four companies will be withdrawn from the barns to the central armory. The withdrawal of the troops leaves the civil authorities again to cope with any disturbances that may take place. More people apparently used the Big Consolidated cars In order to reacn the business portion of the city this morning than on any day since the present strike began. Forbidden to L'se the Wire*. [Special to The Indianapolis New*.) Terre Haute. Ind.. August 7.—President Van Horn, of the Uptted Mine-Workers of Indiana, has sent Instructions to Itcal unions not to use the Western Union wires in sending messages to State headquarter# here or. account of the strike of the American district messenger boys. The District Telegraph Company Is offering new boys the wages for which the old boys struck, abandoning the purpose
[Special to The IiuUanepoii* News.] \ Kokomo. Ind.. August 7.-The successful trip of the Kokomo automobile, making the Journey from this city to Brooklyn. N. Y.. in ten days, without mishap of any kind, has sttmulited the man*. facture of these machines. The presmt factory can turn out about one complete machine every three weeks, and some time ago it had to begin declining order* to be filled before the spring of 1900. A movement to now making to secure a large budding recently vacated by the Kokomo Silver-plating Company, and if machinery can be secured promptly the company will soon begin turning out a machine every week. The Kokomo automobile is propelled by a gasoline engine, and Its weight Is about l.»0 pound*. The Brooklyn trip has established a long-dis-tance record for this country. An electric machine which left Chicago several days ahead of the departure of the Kokomo machine from this place, has not yet reached its destination. Agalast Meters. To the Editor of The Indianapolis News: Developments In the last two weeks give-cause for alarm to the consumerr of natural gas in this city. The prediction that its use to drawing to a dose is not visionary, so far as ’he average etttoen to concerned. The use of meters, whlcn it is expected the "Joint committee" will j recommend, will drive off the linee the rank and file, in other word*, the laboring class, and the wealthy will enjoy the luxury. Even the weaithy. when they foot ' up the bills, will perhaps realize that it would have been a deal cheaper to under- i go a few cold days Jn winter and to leave the mixer as it was. Looking over > the history of natural gas in Indtanaprlto , it is gratifying to the common people when we realize what has been accomplished. No city has ever received the benefit • or been favored with cheap fuel equal to! ours. And yet when one comes to think j about It, how grudgingly it has been dealt i out. The office force of the Consumers'^ Gas Trust has not given that civility to ’ the imbho which to always accorded in other line* of business. There has been < a churlish. Ill-natured disposition shewn and any resentment has been promptly met with a cold bluff or an Invitation lo "bring In your mixer, if you don't like our way of doing business." I am pretty good-natured, but I have received this . treatment: I have seen others treated likewise, and I have been told by many . of like Incivilities accorded them. However, be It said to the credit of the Indl- * ana polls company, they have at !sa->t; shown more respect to their patrons In, their business affairs. Shortly after the natural gas dltficrslties - had been adjusted and the Trust had. forced the Indianapolis company to ac- * cept ordinance rates, I met an acquaint- < ance from the East, who had been sent here to take a position with the Indtana-
they are great people," said I. "I never saw a cloaer set of people In my life," said he; "they are so mean that they won’t pay anything for gas, and have' actually brought in a line of their own to freese ua out, because we aak them • living rates." When I laughingly re- , marked that he wasn't feeling well on account of his company’s having met with opposition, he replied: "Never mind, we will make you take meters before we ' are done with you. We are stayers." Mr. Pearson says: "Whenever you mention meters, a howl goes up.” Does Mr, Pearaon imagine that the people are going to surrender the grandest luxury that ever entered a household without a murmur? Does anybody imagine that 'that "Joint committee," which has been invading; the gas belt, found out when the gas was "going to quit coming"? Are • the masses of cltlsens going to close their
gaa was the masse
eyes and take a dose of meters without a struggle? If the people are awake to their Interests, they will fight to the bitter end any movement in this direction. In Findlay, O., where meters are uaed, gas is only used by many for "kindling." and it is mighty expensive kindling, often running as high as $4 60 a morfth for a ' single stove. These are facts, and ail the "joint committees" this side of eternity can convince me of nothing different. * Mr. Pearson aaya: "Nothing can be done to Improve the outlook under the present system." If Mr. Pearson really believes that gas can be consumed “about as cheap” through meters, he will admit that a new system of taking measurement will have to be inaugurated. As it ta generally conceded that the future of gas is a matter of speculation, let ua have no change in the present system. Let the people lay in a store of fuel and be prepared for cold weather. Then, when the gas has finally become exhausted, let us congratulate ourselves j that money and power cut no flguze in the stand taken by our enterprising cltlsens when we knocked out high prices • • and served the rich and poor alike.
R. R. HHIBL A CO.. An<!-Truat Live Stoak Market. Indianapolis. August T, There have been tight receipt# ell around the , last week snd Wrong market, especially on light bacons We are not getting anything like enough to fill our orders, price# are get- : ting high, snd you must have good margin, as there to likely to be a 10 or 30 cent break sny day. They are about as high now a* they will get. These price* can not be sustained long unlee# there 1* sharp advance in pro- - vision* Provirione are but very little higher , now than they were when hogs were a dollar 1 a hundred .lower. '
W* mi,.!* Vk n
Wa quote: Fancy bacon*. ISO to ISO aver-
and medium* and heavtos at _ quotation* are for hogs •
come in, and the Truet * are, for hog* closely aeeorted. Good cattle ar*< strong at last week'* prioe*. and common
cattls are dull.
ws quote: J-a.no age,, at $4.<0#4.K, s K72%#4.77>4. Our mired as they 00rr
LOANS
REAL ESTATE COLLATERAL Quickly made. Interest reasonable. Terms advantageous to borrowers. Consultation Invited. 3% INTEREST On Savings Deposits “SAVE MEANS TO LIVE” The Marion Trust Co. N. E. Cor. Monument Piece end Merket St. Office closed Saturday at one during July and August .
“It Is aot wkat yea eara bat wkat yoa save that makes wealth."
Have you acquired the habit of sysiematie saving? Are you In debt? If so, do you want to youVamVsafc and permanent investment at a fair rate of interest? Do you wish your money to accumulate without causing you annoyance and oare? Are you trying to collect money for any particular purpose? Are you putting aside a fund to take care of yourself tn-old age? Are you prepared to meet the "rainy day" which cornea to almost every one, sooner or later? Deposit Ywr Surplus Funds in THE INDIAN* TRUST CO 3 For Gent,interest < < 1 • Psid or* •«• Deposits of SI and Upward, OFFICESIn tl» Company's Btfilliog,
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