The Indianapolis journal. [volume], January 21, 1904, Page 10, Image 10

About The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904

Image provided by: Indiana State Library

                
TFIE INDIANAPOLIS JOURNAL, THURSDAY, JANUARY 21, 1004.
to
Time and Money Fly
WITH ALL OF US.
Call and get one of our Banks before
ycur money take s win; unto Itself.
$ 1 00 starts an account and com
pound Interest makes It grow.
THE CENTRAL TRUST 00.
150-154 East Narhel St.
PORTERFiELD & CO.
Bankers and Commission Brokers
CHICAGO, ILL.
We buy and sell broken lots; carry
Grain and Stocks on reasonable margins.
Write for our Dally Market Letter
and keep posted.
Indianapolis Office, 207-8 Stevenson Bldg.
Old Phone Main 884.
New Phone 1884
The Leading Trust Co. of Indiana
The Union
Trust Co.
118-120 E. Market St.
Capital, - $600,000
Surplus, . $300,000
Executes All Manner of Trusts
Non- Taxable Stocks
I HAVE FOR SALE
lelt Railroad common T per cent.
Ind.anapolis Street Railway O per cent
Inion Traction preferred per cent.
I'.M)N
Urion Traction of Indiani &m
Indianapolis Street Railwty -1m
Pew Telephone. Pi st Mortgage 7a
New Telephone, Second Mortgage ßs
A. W. THOMSON
Stock, Bond and Grain Broker
4 and 5 Ingalls Block Roth Phones No. 34
I Have For Sale
LOCAL STOCKS
Paying from 5 to 8 Per Cent. Tax Free.
NEWTON-TODD
Fletcher Bank Puildinjj.
A. R. Thompson & Co.
Bankers and Brokers.
LOMBARD BLDU. BOARD OP TRADE.
Dally Market Letters on
Stock, Grain and Cotton.
If AILED FREE ON REQUEST.
THERK ARE NO SAFER INVESTMENTS
for your money thau the farm and city
mortgages that we have for sale.
Ia 21 years we have sold over eighteen bil
lion dollars of these mortgages aod have
never lost a dollar of Interest or principal
and have never foreclosed a mortgage since
we have been in business. I'hones. New 1824;
Old black 4126. t. V V I I.I I A MS A to.
Bankers. No. 10 East Market St.. Indianapolis
We. allow three per cent, on deposits.
LOCAL COFFEE PRICES
ARE ADVANCED 1"2 CENT
Camphor Prices In Local Market
Shon Effect of Ruito-JnpiBne
TroublePotatoes Hlvher.
Local Jobber, grocery Jobbers and coffee mer-
ajamnta yesterday advanced prices of package
oAes He a pound. This puts Arlso to 9!3.25
hundred. Jersey to $13.25. Java blend to $15.50,
Gates's blended Java to $12.75 and Climax Java
blend to $13.25 The advance In the local mar
ket follows continued higher prices In the option
market for the raw product. The Eastern deal
era claim the coffee crop last year was much
mailer than the previous year's crop, and
prices of ths package gcods are expected to
a higher all year. The local market has been
advancing steadily for two months.
CAMPHOR ADV A N'i 'ES.
The effect of the Russo-Japanese trouble on
the camphor market has reached the local mar
ket and local and wholesale drug; Jobbers have
advanced their prices. Local quinine prices
have been reduced a little this week. due. It is
said, to a falling off In the demand. The local
wholesale drug nouses all report increasing bus
iness In almost all lines.
POTATOES GO TO 85 CENTS.
aHlaUiss sre climbing sUadlly toward the $1
mark The leading dealers en Commission r w
yesterday advanced tie price to S5c. an In
es assise, taooage was advanced to S3
onions to $1.75.
SSI -w-w
Poultry and Other Produce.
(Prices paid by shippers.)
Cheese Wisconsin. 13c; New York full creams
He Swiss, lie. bilck. 14c. Ilmhurger. 12c
Poultry Tom turkeys. 12c; hens. 8c; cocks 4c
Sjsnnas lie; young ducks. Sc; springs. svo,
gees. Sc per lb.
Butter- Choice roll. 12c; Elgin creamery, 28c;
Eggs Firm at Be,
Wool Local dealers are paying for wagon lots
aj)ood medium merchantable unwashed fife"
assrse and braid. He; heavy mertn., iooiv
fcalf blood. 12Q14C. burry and cotted 12014c'
Western. 12ft
r rather Prime geese. 30c per lb; prime duck
fjSr er lb.
Game- Rcbblt. t er dx. llirl 10 nmw
SS for drawn. r
Bus wax 30c for yellow. 25c for dark.
IDES AND TAL.lA.tW.
Oreen-salt. ! Miles No l. 7c
Bo. 1 calf. 10c; No. 2 calf. 9c.
Tallow -No. l. 34-. Ho, J. 3c.
2.
THE JOI1IIIM. I It VIK.
fThe quotations given hi low are the selling
prices of the wholesale dealers.)
nndirs. iiiv Klus.
CsndBSS -ipltal i
k candy brls). 6c ner ih
moc nu sect, sc;
ncers mixed. 54c. Manner
rist stick. . Vtt"
erby mixed 7 ;
Nuts s- ft-sheiisd
oauer cream mixed
almonds. 15c;
HmzM r...
fllbrt. 12c; peanuts, rousted. 5
Hl. 11
Figs New Smyrna. 0
per lb.
Drngi.
40c; alum. 24
al.
c-nioro
pure. 320 35c ;
gen .:.ne. 35040i
snnrphine. P. a
snot, per lb. i
W . per oa. 3HJ
Castile. Kr . U
Xpaoro. 1404c,
atftOc. turV. i.i
Iodide potassiu
4jt4b'or , hloral
Ctjx honhlt
vrwmm tartar.
nce. talab
tn.tKt!' s:a.
- oz. 34 22c;
W.
'a.
". 'H t. ra
lulnme. p. St
1 i " . .s ap,
läc; salts.
a. hi'-ai
flour.
.-. - ..t t.
In. IS'jirMo
ile potassium.
borax. ajUe;
sic; Cocain-.
SSUr . . 4 j. i i
4 onl mid ke.
(Retail Prices )
Half ton.
U 90
3 15
Tn
Anthracite igl! sizes)
fmokeless
Cannei
I
0
.1 i;.
'lusburg 2 90
Ohio) 2 75
:
4.75
4.75
4.75
4.75
4.50
4 50
4.2
3.75
4.50
3.0)
3 0)
3.00
2 50
7 30
7 50
z: tm
$ -o
3.25
Rra.ll block t
;rn and Sullivan (lump and nut)
2 00
Slak. smokeless ....
Slack. Jackson
si. k. Pittsburg
Black, West Virginia
Stack. Indiana
2 $5
1 5
l
1 tt
LH
Vnn. Ilsvtlle cose $ $0
Oven coke 3-
12H bu.
Lump coke. 12c per hu 12'
'rushed coke. 13c per bu 2. IS
Hags. 2..c i -r tn -xtrs. ground flonr r dump'd
In cellar; SOc per ton extra, second floor or car
ried In cellar. From wag'-n. 2";: per ton extra,
by wheelbarrow, chute or basket.
Dry l.noil.
nieached Sheetings Androscoggin 7c:
Rerkeley. No. SO. 9c; Cabot. 7c; Capitol. 7c;
C'lmherland. T'jc; Dwlght Anchor. V Fruit of
the Imm. $'c: Farwell. 7Vc. Pltchvtlle. 7c;
Pull Width. c. Ollt Edge. 6c; Ollded Age. r.Vc;
Hill. 7c. Hope. 74c; Linwnfxl, He; Itnsdale.
Mr; I'ealioily. Ic; Pepperoll. 1-4, 2lr; f'epperell,
lrt-l. 2T.c. Androscoggin. 9-4. 24c; Androscoggin.
lo-a, 2So.
Mrown Sheetings Atlantic A. 7c; Argyle, 6c;
Hoott ( ic: Huck's Hpad. le; Carlliile. 40-
Inch. ftc; Dwtght Star. 7 Vc ; rireat Falls K. IS''.
Oreat Falls J. Sc. Hill Klne. 7V; Indian Head.
7c; Pepjterell R, c. Pepperell. 10-4 22c. An
droscoggin. Ö-4. 22c; Androscoggin. ,0-4. 24c.
Prints Allen dress styles, ßc ; Allen TR. 44c ;
Allen robes, 5c; American Indigo. 5c; Arnold
long cloth B c; Arnold LLC. "c. Cocheco
fancy, le: Hamilton fancy. 5c. Merrlmac pinks
and purples. "'-'. Pacific fancy. 5c; Simpson's
mournings, 5c; Simpson's Berlin soilds, 54 c;
Simpson's oil finish. 6c, American shirting. 44c;
black white. 44c; grays. 44c
Kld-finlshed i 'ambrlc Edwards. 4c; Warten.
Jc; Slater, 4c; (J'-nesee, 4c.
Tickings Amoskeag ACA. 114c; Conestoga
DF. 14c; Cordis 14". l-'Vc; Cordis T. Uc;
Cordis ACE. 12V'. Hamilton awnings. 10c; Ki
mono fancy, 17c, Lenox fancy, 19c; Lenox XX.
19c. Oakland AF. 64c Portsmouth. 124c; Sus
quehanna. 1 !',' , Shetucket SW. 6c; shetucket
F. 74c; 8wtft River, 6c.
Grain Bags Amoske.ik' IM American,
$16.50: Harmony. $14: Stark. $18.
Olnghams Amoskeag. 6Vc . Amoskeag dress
7'j . Iancsster, 64c, Lancaster dress, 74c; Toll
du Nord. 84c.
VW.
Spring patent, f5.55 per hrl; winter wheat
patent. In brls. $4. AO; straight grade. $4.40 In
brl: low grade, $3.60; extra fancy. In brl. $4 30;
buckwheat flour. $6.10 per brl, graham, $44.45
per brl.
Iron and ttcel.
Rar Iron. 2.60c; horseshoe bar. 2.75c; nail rod.
7c; plow slab, 4.50c; American cast steel, 9911c;
tire steel. 24c; spring st.-el. 44&5C.
Groceries.
Coffee Good. 8fjl2e; prime. 124114c; strictly
prime. 14trl6c: fancy green and yellow. lR23c;
Java. 2S'jf32c. Roasted Old Government Java,
$24&33c; finest Mocha and Java. 2ft30c; Java
blend. 23c; fancy blend. lc; Oolden blen! IIa
Package coffee City price: Artosa. 13.25c; Lion.
12 75c: Jersey. 13.25c; Caracas. 12.75c; Dutch '
Java blend. 154c; Gates's blended Java. 1J7.V.
Climax Java blend. II 25c.
Sugar City prices: Crystsl Dominoes. 5-lb
( artons. 7.10c; cut loaf. 5. i0c; cubes. 5 30c;
XX XX powdered. 5 30c; standard powdered,
6.20c; fruit powdered. 4 82c; granulated, 2-tb
package. 5.15c: granulated. 5-lb package, 5 15c.
standard fine granulated, bags or brls. 4 77c;
Ridgewood A. brls. 4.62c; Phoenix A. brls. 4 57c;
Empire A. 4 52c; Ideal ex C 4.47c; Windsor ex.
C. 4 42c; Ridgewood ex. C 4.37c; 10 yellow, 4.27c;
16 yellow, 4.12c; New Orleans (dark). 4c.
Molasses and Syrups New Orleans molasses,
fair to prime, 28'32c. choice. 3S'n:c; syrups. 26
fc3oc
Salt In car lots. Rft-g; small lots. 9fci.
Spices - Pepper. 17c. allspice, l.VJrlHC; cloves. 20
22c; csssia. 154j)18c; nutmegs, 50'u60c per lb.
Rice Louisiana. 446-. Carolina. 6Vi'tt-4c.
Shot $1.4001.00 per bag for drop.
Lead ä497c for pressed bars.
Wood Dishes No. 1. per 1.000. $1 W)2; No. 2.
fc2. 20; No. 3. S2.204r2.30; No. 5. $2. 041.
Twine Hemp. U'.lc pr lb; wool. (SfJlOc: flax.
c. taper. 15c; jute. 12'rtl.V; cotton. 222aC.
Woodenware-No 1 tubs. $$17- No. 2 tubs. $5
6; No. 3 tubs. $4fj.",; 1-hoop pails. $1 "; 2 hoop
palls. $1. 40-81. 0; double washboards. 2 5O2.70;
common washboards, $1.851.90; clothespins, 60
65c per box.
Leather.
Oak sole. 32042c; hemlock sole. 2S$38e; har
ness. 33j4V; skirt in. 2'ö40c; .ingle strap, 4iqp
45c; city kip. Oosoc; French kip. Wc&$1.20; city
calfskin. 90c(8$l; French calfskin, $1.2001.85.
alla and llorseahoes.
Steel cut nslls $2.2.r.; wire nslls, from store.
$2.25 rstcs; from mill. $2 10 rates. Horseshoes.
per keg $4.25; mule shoes, per keg, $4 2o; horse
nails, $485 per box. Barb wire, galvanized. $.' 7j.
painted. $2 60.
Oils.
Linseed, raw, 37c per gal: Unseed oil, boiled,
38c per gal; coal oil, legal test, 110164c.
Provisions.
Sugar-cured Hams Indiana, 14 to 16 lbs aver
age. 13c.
Shoulders English cured. Reliable, IS to 20 lbs
average. 8Vc; sugar-cured. Indiana, 8 to 10 lbs
average, 9c.
Pickled Pork Indiana bean or jowl, per brl.
200 lbs. $13; rump, per brl. 20 lbr $13 ; fam
ily, per brl. 200 lbs. $16.50; fancy clear bean, per
brl. 200 lbs, $2"..i0; fancy boneless pig. per brl.
200 lbs. $21 Alse half brls. 100 lbs. at half the
price of the brls. adding 50c to cover additional
cost of package.
Lard Kettle rendered, 8c; pure larfl. 84c.
Bacon Clear bellies, 25 to 30 lbs average, 9c;
18 to 22 lbs average, Mfcc: II to 16 lbs average,
104c; clear backs. 20 to 30 lbs average, 94c; 12
to 15 lbs average. 104c; 9 to 10 lbs average. 11c;
clear sides, about 50 to 60 lbs average, 94c; 30
to 40 lbs average, 104c; 20 to 30 lbs average, 11c.
In dry salt. 4- 1.
Produce, Fruits and Vegetables.
Fancy Avles Baldwins, per brl, $3; Kings,
$3.7c; Spies. $3.25; Greenings. $3.25.
BananasLarge, $2 per bunch; medium. Sl.oO.
Cabbage Holland seed. $2.753 per 100 lbs
Carrots--75c per bu.
Celery California, per crate, $4.25; per dox, 70c.
Cider Per brl. $3 TO; half brls. $2.50.
Cocoanuts $3.5 bag, 50c doz.
Cranberries Jersey . $2.25 r er bu: $6 25 ner brl-
McParlin. $7 SO per brl; Howes. $8 pee brl.
Hates- Walnut. I per box; package dates. 60-
lb bx. 5c per lb.
Figs Smyrm. 10c per lb.
Grapes California grapes, per crate. $2 pony
baskets. 17c. Malaga. In brls. $404. SO.
Hickory Nuts Per bu, 75c; shellburks, per
bu. $1.
Honey hlte clover. 16c per lb.
Kraut Per cask. 4." rals. $".75; per brl, 30 gals.
14.75; per half brl, 15 gals, $3.
Lemons Kx'ra fan M sina, 360 size, $.?
box: 300 size. $4: California. 300 to 360 size, $2.50.
Lettuce 14c p?r lb
Navy Beans Per uu. $1 90O2.
Old Pop Corn 3c per lb.
Onions Yellow, per cwt. $1.76; red, $1.60.
Oranges California Seedlings, $2 per box;
Florida, $3. Navels, per box, $2.75.
Radishes 35c doz bunches,
parsnips $1 per bu.
Pears Per bu. $lö! 25.
Pineapples Florida, per crate, $2.7D3.
Potatoes Northern stock. 85c per bu.
Spanish Onions $125 per crate.
Squaeh Hubbard, 14c per lb.
- t Potatoes Illinois. $3, Kentucky, $3; Jer
sey. $3.75.
Turnips 50c per bu. Rutabaga, 60c per bu.
Walnuts Native, 50c.
Seed.
Seed clover, prime, $5.50$; English clover,
$6fr6 0; alike, $'.)'..! ; 2 Timothy, prime. $1.7502.
Fancy Kentucky bluegrass. $1 .Vxfj( 1.75; extra
clean. 60070c. Orchaid grass, $2'g2.2ö; red top,
90cfjl 75. Engl.sh bluegrass. $2.
NAMES OF DOGS.
Where the Queer Appellations Come
From.
Philadelphia Record.
The jpam-i is so called because the origi
nal breed of this beautiful and intelligent
type came from Spain, and the first arrivals
in Kngland were called Spanish dogs.
Th Spitz dog got Its name from its
sharp, pointed nose. "Spitz" means "sharp
point" In German, and the Spitz was a fa
vorite In England and America. The Spitz
is known also as Dalmatian dog, because
his native home is in I)almatia.
Th' dasrhund Is another German breed,
and his funny name almost as long and
funny as the dog himself is a German
name, meaning "badger dog." The origi
nal dasrhund, says the Washington Post,
was used for drawing badgers, and the
dogs still are great favorite among Ger
man hunters, although the breed has be
come a little too delicate for fighting such
a gray old warrior as the badger.
The fox terrier earned his name, not from
any fam ird rt semblance to the fox, but
because long ago. in the days of "merry
England." these terriers, much larger and
stronger then, were used everywhere by
sportsmen for drawing and killing the fox.
tin y being s'nt down into his burrow. It is
said that no good fox terrier ever backed
out of a burrow without his fox. - If he
came out he had th dead fox gripped. If
he didn't get the fox he didn't come out,
but died there.
The bulldog used to drive cattle, and as
he was trained to meet the rushes of the
bull by seizing him by his most senstitve
point the nose the sturdy, brave dog
. nie to be known In time as a bulldog. In
some countries he is known as bull-biter.
The beautiful Blenheim spam. I is nanud
after Hlenheim Castle, where this dog first
was made fashionable in the time of the
great M irlbomugh. The King Charles dog
owes Its name to the Merry Monarch.
The various breeds of hounds of to-day
are called hounds because they are the
present survivors of the time when all
huntings dogs were used to hound game, in
early hunting days of England every dog
that was used to accompany the huut was
selected mainly for his speed find endur
ance. There were hounds that were sup
posed to follow the game by scent, and
others who were supposed to sight it a long
way off. but all were expected to be able
to run the game down. Consequently, while
the name of hound, or hund in the ancient
Saxon, was first used for all kinds of
logs, it finally came to denote hunting
dogs only; that is why we call our run-
tnt'.g mis nounos 10-uay. sucn as grey-
i.SOH r,,un(1" rabbit hounds bloodhounds, wolf-
J hounds, boarhounds. deerhounds, etc
Kanawha 2.50
Pittsburg 2 6"
Raymond 2.50
u.tfrede 2 :0
Hocking Valley 0
Luhrlg 2 40
STOCKS CONTINUE STRONG
DKMIM) l oi; STEFI. BCOWD PTO
I I It HI OF IIOM) MARK KT.
Humor flint 11 pre me tour Will ot
Hille l.ntit-l I nfnvornhly to
Northern u rl t le ( ompnny.
Sal-s of stock fshares)
Corresponding day last year 1
Sales to date this year
To corespondlng date last year
RTft.200
."HI 7. -Ml
6,790,2041
12.12S4MNI
HVW YORK. Jan. 20.-There was a fair de
gree of activity maintained In to-day'i stock
market an1 Home show of strength, but the
strength was fitful and spotty and the market
was viewed with some degree of suspicion by
a large element of traders on the door.
The upward tendency of prices met with some
positive obstacles and the character of some of
the devices used to stimulate an upward move
ment aroused scepticism and had unfavorable
effect on sentiment. In spite of the higher range
of prices sent over from London this morning,
and a much more cheerful view of the chances
of peace from those concisely expressed in the
decline of war risks for marine insurance, there
was free London selling In New York, which
proved troublesome to absorb.
This seem to have been due to renewal of a
war scare in London after our market opened.
It affected wheat as well, but did not Interrupt
the process of new high record making In the
cotton market.
TIP ON NORTHERN SECl'RITIES.
After a decisive reaction from this cause,
prices picked up again when it became known
that Northern Securities had been lifted over
three points in the curb market on the circula
tion of a conrtdenttal "tip" that the decision
of the Supreme ( -ourt In the Northern Securities
had aln-ady been made, that it was not alto
gether unfavorable to the corporation, and that
it would le handed down next Monday.
Ni.ithern Securities lost half its gain later, and
the total transactions in the stock in the nar
row curb market did not exceed a few thousand
shares. Rut the Incident had considerable in
fluence In the Stock Exchange. I'nlon Pacific,
which would be most directly affected of any
of the utocks now prominently traded In, was
held back by the persistent realizing that kept
a weight as well upon a number of other stocks
recently acjlve. Hut the inrtuence seemed to
pass over to its subsidiary stock, Southern Pa
cific There was no other explanation of the
active speculation in that stock which carried
it 14 points over last night.
ST. PAUL ADVANCES.
A previous buying movement had carried Mis
souri Pacific a point over last night. The only
other stock of first rate importance which
gained a point was St. Paul. In contrast with
this was the persistent selling pressure on Rock
Island and Amalgamated Copper, which carried
them a point under last night. Pennsylvania,
I'nlon Pacinc. Atchison and United States Steel
preferred, while not forced far below last night,
were withheld from any advance by the same
persistent selling.
The Bllga were also sold on the supposition
that there would b" no buying to secure control
following the dissolution of the voting trust.
sr was at one time believed. The local tran
sactions were reactionary when it became known
that yesterday's advances were based on the
trip of inspection over the new subway line, of
an Invited party of influential capitalists.
United States Realty preferred, was marked
up four points on very large dealings.
The late movement in Southern Pacific had a
hardening effect on the market, but the closing
was inegular and below the best.
The Northern Securities rumor affected the
lbirlington Joint fours and the Oregon Short
Line participating fours. The United States
steel second fives and the Rock Island bonds
ei shadowed the whole bond market. One or
two of the speculative Issues showed the effect
of profit taking, but the tone generally was
firm. Total sales, par value $4,570.000. United
States binds were unchanged on call.
Sales and the range:
High- Iw- Clos.
Sales, est. eat. Bid.
11.900 674
60 bH 84 8fc
6.800 80 7 8l
100 5S)H 90 90
1.600 117 117, 117
RAILROADS
Atchison
Atchison pref
Ha Hi more & Ohio
H. & O. pref
Canadian Pacific
Central of New Jersey
Chesapeake & Ohio
Chicago A Alton
C. & A. pref
Chicago Great Western
Chi G. V. pref. B
Chi. Northwestern...
Chi. Term, and Trans..
Chi. T. and T. pref
C. C. C. & St. L
Colorado Southern
C. S. first pref
c. s. second pref
Delaware & Hudson
Del.. Lack. & West
Denver A Rio Grande..
D. & R. G. pref
Erie
Erie first pref
Erie second pref
Great Northern pref
Hocking Valley
Hocking Valley pref....
Illinois Central
Iowa Central
Iowa Central pref
Kansas City Southern.
K. C S. pref
Iuisvllle & Nashville.
Manhattan L
Met. Street-railway ....
Minn. & St. Louis
Missouri Pacific
Mo.. Kan. A: Texas
1.3O0 Pv3 1614 1
2.500
a, an
2.4110
3.400
33 ls
;. n
37
84
17
30
38
17
37
17V
3
500 1M2 17 167
700 11V, 11 HVt
1.600
10)
100
20
79
is
124 4
79
17
56
-64
1674
272
B
714
2s
m
48
170
74
79
18
ino 26 26
l.loO 1674 16"
100 273 273
1. :i.x :.' 4
200 71 71
11.500 28 28
.600 69 68
1.600 4 48
'306 74 74
100 84 84
7,100 13314 131 2 132 V
214
200 404 404 404
m 20 20 20
2W 3& 384 374
1.600 1094 108 1094
5.500 145 145 1444
7') 123 1224
U-4
100 674 74 66
23.800 93 2 934
1.100 18 17 174
1.300 41 40 4 40
S0Ö 115 1194 IW
J.000 6f 07 584
80
3.600 22S 22V 22S
89,100 014 HVs 120
63
M . K. & T pref...
Nat. R. R. of Mex
New York Central.
pref .
Norfolk & Western
N A W. pref
Ontario & Western
Pennsylvania
P.. C . C. & St. L
Reading
Hea ling first pref
Reading second pref
Reck Island Co
Rock Island Co. pref
St. L. & S. F. 1st pref..
St. L. A S. F. 2d pref...
St. Louis Southwestern
St. L Southwest, pref..
8t. Paul
St. Paul pref
Southern Pacific
Southern Railway
S-.uthern Railway pref..
Texas & Pacific
Tol.. St. LouIp & West..
T.. St. L. & W. pref
Union Pacific
28.100
1ÖÖ
22.400
4.3'
46 45
464
78
61
L'44
63
67 V
44
13
f2 62
24 23
63 624
1.200 45 44
800 15 IS
3.200 35 34
35 t,
17.500 ICS H4-S 14
177
M.200 51
4.900 21
1.400 80
49
21s
794
26
-
71
88
2i 4
1
.vo
-'S
80
26
274
39
80
904
204
38,
17
si
2.9")0 26
7.000 2
500
38,700
800
500
3.2UU
200
2.600
KMI
31
"4
90
18
214
I'nlon Pacific pref
Waoaah
Wabarh pref
Wheeling & Lake Erie....
Wisconsin Central
Wis. Ontral pref
EXPRESS COMPANIES
Adams
American
Unites States
Wells-Fargo ;
M I S 0 E L L A N EO US
A mal. Copper
Am. Car and Foundry....
Am. C and F. pref
Am. Llneed Oil
Am. Llnsoed Oil pref
Am. Locomotive
Am. Loco, pref
Am. Snult. and Refining.
Am. S. and R. pref
Am. Sugar Refining
Anaconda Mining Co
Brooklyn Rapid Transit..
Col. Fuel and iron
Col and Hocking Coal
Consolidated Gas
Seneral Electric
International Paper
Inter. Paper pref
International Pump
Mater. Pump pref
National Biscuit
National Lead
North American
Pacific Mall
People's Gas
Pressed Steel Car
Prssasd Steel Car pref
Pullman Palace Csr
Republic Steel
Republic Steel pref
Rubber Goods
Rubber Goods pref
Tenn. Coal and Iron
United States Ler.ther
U, S. Leather pref
United States Rubber
U. S. Rubber pref
Cnltrd States Steel
U. S. Steel pref
Western Union
220
190
103
37.800
800
100
'ioö
M
i 4
194
69
Ä"
17
77
49
14
69
28"
17
77
50
194
684
94
274
174
44
200 90 90 9i4
1.900 1254 1244 1244
12.400 504 494 494
284
14
1.3"0 1944 1924 i'.34
1O0 1744 1744 173
1.600
2.7tN)
14 114
66 66
... .4
32
71
394
154
17
314
M4
. .
9
215
424
194
764
384
74
77 Lj
134
49
114
574
30 16
154
ii"
98
294
LISI
900
100
32
HU
- '4
m
200
600
M i
500
700
300
90
7..V0
17.100
m
7
43
194
764
74
T7jJ
'
n
114
;'
88
424
184
754
38
74
"4
13
49
11
874
Total
Ex.
sales
.579.2.K)
dividend.
UNITED STATES BONDS.
States refunding twos, registered
States refunding twos, coupon ...
States threes, registered
States threes, coupon
States new fours, registered
States new fours, coupon
States old fours, registered
States old fours, coupon
States fixes, registered
States fives, coupon
I'nlted
t'ntted
I'nlted
United
I'nlted
I'nlted
United
I'nlted
United
United
..1054
..1054
..106
. mat
4
..UM
..1074
..107H
. .1"14
..1014
liiciiKo Stock.
(By Albert R. Thompson A Co. 'a Wire.)
Open- High- Low- Clos-
STOCKS ing. est. est. lng.
American Can 4 4 4 4
American Can pref 14 344 33 33
Diamond Match 12 12 128 12
National Biscuit 39 39 39 394
National Biscuit pref 101 101 1004 100
Swift CO 101 100 1004 Unat
United IVx Board.
2
24 24
w orU. Bond Murket.
Atchison adjustment fours RS4
Atlantic Coast Line fours 924
Baltimore A Ohio fours loi
Baltimore A Ohio three-and-a-halfs 944
Central of Georgia fives 105
Central of Georgia first Inc 70
Chesapeake A Ohio four-and-a-halfs 1034
Chicago & Alton three-and-a-halfs 764
Chicago, Burlington A Quincy new fours.. 924
Chicago. M .Sr st Paul gen fours 10S4
Chicago A Northwestern consol sevens ....1314
Local Financial Gossip;
Bankers' and Brokers' Talk
A careful canvass of conditions in the local
money market yesterday afternoon showed that
Interest rates here on short-time loans, two.
three and four months, are practically un
changed from th rates prevailing six weeks
KO. If money continues as easy In New York
as It ii now for some time the local market
will be affected and raten will become lower,
but as yet the easiness of the Wall-street market
has had very little effect here. The Journal was
led to canvass the local situation by th state
ment of a local stock broker, to the effeet that
the , Indianapolis banks were putting out loans
under 5 per cent, on Rllt-edare (aper. Thin Is nt
the true condition by any meana. One of the
leading banks has nothing but 6 per cent, paper,
one of its officials stated. Five, to per cent.
1 the rate quoted by moit of the banki. and
far more loans are made at 6 per cent, or above
54 than at 5. According to the statements of
some of the larger Institutions, rates are expect
ed to work lower h re, however, if money con
tinues easy in the Last.
t t f
Meyer & Klser report the sale of a block of
fifty shares of Brown-Ketcham preferred stock.
This is the first sale of this stock from the
hands of the Ol Ig I as purchasers when the Issue
was floated more than a year ago. The ask QUO
tHtl n on the exchange yesterday was 107. The
Brown-Ketcham preferred stock was floated by
the Indiana Trust Company.
Mr. L. Daniels, who has been associated for
s.ral years with L V. Louis in the grain
and stock brokerage business, will open a similar
establishment in the Imhard Block next week.
He will have connections with the National
Stock and Grain Exchange, which has offices
In the State Life Building.
A member of one of the well-known houses
contradicts the statement made frequently of
late that the local securities market is practical
ly cleaned up of high-grade bonds at present
prices. "There are plenty of high-grade bonds
at the prices asked on the Stock F.xchange every
day," said he. "The trouble is this: Some of
these securities were considerably lower not long
ago than they sre now and Investors don't want
to nay what the bonds sre worth."
There is one except Ion. at least, to this state
ment. It Is not thought a hid of 90 would
brii.g out many New Telephone first fives. They
are quoted at 90 asked, but it is thought there
are not a great many of them for sale at that
price. The New Telephone second fives are asked
at 82. The low point on them last year was
about 79. Citizens' Street Railway fives are
at 1074 asked. They were as high as 111
last year and as low as 105. Indianapolis Street
Railway fours are at 85 asked. They have been
as high as 88 and as loa- as 764- Union Traction
tlyi are asked at . The high iolnt on them
was 1024 and the low 95. Broad Ripple fives, a
Chicago. R. I. A Pacific R. R. fours
Chicago. R. L A Pacific col. fives
C, C. C A St. Louis gen. fours
Chicago Terminal fours
Consolidated Tobacco fours
Colorado A Southern fours
Denver A Rio Grand fours
Erle prior lien fours
Erie general fours
Fort Worth A Denver City firsts
Hooking Valley four-and-a-halfs
lulsvllle & Nashville unified fours ...
Manhattan consul gold fours
Mexican Central fours
Mexican Central first Inc
Minn. A St. Louis fours
Missouri. Kansas & Texas fours
Missouri. Kansas A Texas seconds
National R. R. of Mexico consol fours .
New York Central gen. three-and-a-halfs
New Jersey Central gen. fives
Northern Pacific fours
Northern Pacific threes
Norfolf A Western consol fours
Oregon Short Line fours and nartlc
Pennsylvania conv. three-and-a-halfs ...
Reading general fours
St. Louis A Iron Mountain consol fives .
St. Louis & San Francisco fg. fours
Tt. Louis Southwestern firsts
Seaboard Airline fours
Southern Pacific fours
Southern Railway fives
Texas A Pacific firsts
Toledo. St. Louis A Western fours
Union pacific fours
Union Pacific conv. fours
United States Steel second fives
Wabash firsts
Wabash Deb. B
Wheeling Lake Erie fours
Wisconsin Central fours
Col. Fuel conv. fives
Offered.
.. 734
.. 84
.. 964
.. 14
.. 584
.. N8-4
.. 974
.. 984
.. 854
..103
..1".'.
.. 994
..104
.. 70
.. 154
.. 97
.. 804
.. 76
.. 8
.1314
..1034
,..72
... 97
... 944
... 954
... 964
...IL'4
. .. S3 4
... 9P.4
...66
... 894
...112
...lMtt
... 71
...1024
...98
... 744
...1154
... 654
... 894
...89
... 73
BROKERS' VIEWS ON
THE STOCK MARKET.
Rock Island Issnea Were Feature
Yesterday Dividend on Amal
KB mated Copper To-Day.
Meyer A Kiser.
NEW YORK. Jan. 20. Strength was mani
fested throughout the trading to-day and clos
ing price were well up to the best figures of
the day. There was no runaway market, but
It was firm enough to Butt the most bullish en
thusiast. There was nothing In the news tend
ing to Influence prices, but professional traders
were almost unanimous In their opinions favor
ing a still further advance In prices. Manipu
lation was evident in certain quarters of the
n arket and Realty preferred was boosted to a
new high tigure. Uf courae, thl 1 nothing
more or less than washing and It will not do
the market any god. All the Rock Island
Stocks sere stiong to-day. and there is talk
of materially higher prices for these securities.
Southern 1'aclflc was a feature of the market
because of Its strength and the character of the
buying. The tractions were comparatively wtll
held. There was some good buying In iliss'jurl
Pacific. The Steel stocks held their own. Cop
per was fairly firm and the rest of the market
displayed good strength. Idrectors of the
Amalgamated Copper Company will probably
meet, to-morrow and will neclare the regular
dividend of one-half of 1 per cent. The mar
ket was quiet In the afternoon.
A. R. Thompson A Co.
NEW Y(RK. Jan. 20 lespite war rumors
received, the stock market held wall to-day.
showing that the large interests are commit
ted to the bull side. They were buyers on all
soft spots and took the selling of London with
ease. Later In the day it was said that the
war talk was unauthentic, and there was con
siderable short covering by the floor element.
Of manipulation there was considerable, par
ticularly in Realty, and we do not favor the
purchase of the preferred any longer. The
common presents some attraction, as it is low
and has participated in the advance. AH pools
were active, well supplied with Mosses and opti
mistic in regard to outlook. This is a creep
ing bull market. It will be much higher before
the outside element realizes It. Do not neglect
to purchase when the market is weak, regard
less of rumors, for there are certain to be shake
outs when the following becomes too large. The
investment demand was well sustained to-day.
manipulation in the bond market not being so
manifest. Genuine transactions were many and
the over-counter sale of bonds was good. The
money market continued . easy and promises
to be still lower In the near future. The banks
are gaining heaily again from the interior and
the sub-treasury, and the outlook for a favora
ble bank statement Is good. We regard South
ern Pacific. Atchison. Wabash. Missouri Pacific,
Pennsylvania and Raltlmore A Ohio the best,
and if purchasers will exercise a little patience
they will be well rewarded. All standard
stocks are purchases on soft spots now. Take
fair returns while professionalism lasts.
Porterfleld & Co.
NEW YORK. Jan. 20 Among the most
active of the high-priced rails to-day was Il
linois Central, which, upon the declaration of
Its regular dividend and its magnificent earn
ings statement, advanced one and q half points.
St. Paul and the Rock Island Issues made good
gains. The advance was so general that almost
the entire list was included In the gains. Cop
per was strong on the dividend talk.
THE MONEY MARKET.
Rates on Lnnnn and F.irhange-Clrar
iiiK" Mtifl DUrountN.
INDIAN APOLIS. Commercial paper, ft per
cent. ; time loans. r406 per cent.
NEW TOUJL Close: Money on call easy at
IV 24 per cent.; closing hid and offered. 2 per
cent. Time loans easy; sixty days. 34 per
cent, bid; ninety days. 34 per cent.; six months.
4t?4V, per cent. Prime mercantile paper, 445
per cent. Sttrlin exchange firm, with actual
business in bankers' bills at $4.M.lS04.8ft.2O for
demand and at 14 3.2:4.S3.S! for sixty-day bills.
Posttd rates, H-4 and $4.864. Commercial bills,
11.33.
MnrWet for Sliver.
NEW YORK. Bar silver. 564c; Mexican dol
lars. 44c.
LONDON. Silver bars, 27 5-16d an ounce.
Treasury Statement.
'APH1NGT N - Wednesday's statement of
the treasury balances in the general fund, ex
clusive of the $i5o,000.000 gold reserve in the di
vision of redemption, shows:
Available cash balance $224.45.729
Gold 88.546.W4
Money Hates Abroad.
LONDON Money. 24fi34 per cent.; discounts.
34t34. Consols, S'.jSs lj-16.
PARIS Three per cent, rentes. 97f 824c for
the account. Exchange on London, 20f 164c for
checks.
UK KLIN. Exchange on London. 20m 47pf for
checks Discount rates: Short bills. 24 per
cent. ; three months' bills, 24 per cent.
Local Clearings.
Wednesday's clearings $1,177,309 M
1 .i-raiMndini.' ila I.i-! eft r 1 IU' 8"" ii!
I VVI I - ..........(, , v.M. J I V V
Balances Wednesday 245.872 U
sale of which was reported last week, are bid
at 96, and the ask quotation lately has been
around 96. They have been as low as 8". Indi
anapolis ias sixes are 10.". asked. These are the
most active bonds In the local market.
4- f
Meyer A Klser have sold 100 shares of Atlas
Knglne Works preferred stock this week at 108,
and forty shares of Indlanolts Street-railway
at 83. Among the other sales made by this firm
this month are $37.000 of In lianapolls Street-railway
fours from M4 to 81. ffO.rtOO of Water fives
at par and IntereM. 892.000 of Jennlnus. Adams
and Carroll ounty gravel rd lonl. at a 4.35
par rent, basis, and forty shares of Belt common
at lot.',.
"The continued eae in money bellt Mob the Im
portance of any current interest In advance prep
aration for such a matter as the Panama canal
layments." says th? New York Financial New.
"This matter Is several months ahead, and the
entire payment, when it does come, will not be
felt appreciably. The upward tendency of the
stock market Is not at all necessarily short-lived.
The great bull market of 1900. extending over
into 1901. was a long succession of buying by
strong professional Interests. So tar the chances
are in favor of an Increasing demand, as the
market continues to progress
"There is great Irregularity In bond prices.
Bon Is of the highest character have never made
ui the losses ox the last year and a half. The
Investment lemand this year turns almost en
tir.lv toward the higher grade 4 per cent
sues." 4- 4-
Says a New York dispatch: "The demand for
fconds comes from all over the country. The
president of one of the largest banks In the city
ays that millions of dollars have been awaiting
investment In anticipation of lower prices, but.
now that the tendency of gilt securities continues
upward, investors are entering the market as
buyers. J. V. Morgan A Co. are unquestionably
peeking to establish a higher level for SteH sink
ing fund ö per cents. The fact that the Morgan
steel syndicate has been practically wound up,
and that profits will soon be distributed to sub
scribers In.iuced considerable buying of Steel 5
jMr cent, bonds to-day."
4-
A local broker has the following from his Wall
street correspondents upon the situation In the
stock market: "The war news has been elim
inated as a factor, and the market Is now more
influenced by the money situation than by any
thing else. The continued ease in the money
nitiket Is the feature, and there will be plenty
of funds for all borrow ei s at loa' rates for some
time to come. There Is a relatively good demand
for money. The trust companies are withdraw
ing from "the loan market because of the exceed
ingly low rates for call funds, and they are de
positing with the banks In order to secure the
2 per cent. rate. There is a large demand for
prime paper, and the supply is not adequate.
Time money is dull. The banks have gained
heavily again this week from the subtreasury.
and a good bank statement is practically certain."
NEW TELEPHONE FIRST
FIVES ARE SOLD AT 90.
Snle of Ten Shares Security Trait and
Fifteen Shares Union Traction
Common Also Hcportcd.
The sale of $10,000 of Nes' Telephone first fives
at 90, ten shares of Security Trust Company
stock at 101 and fifteen shares of I'nlon Traction
common at 3C4 were reported at the session of
the Stock Exchange yesterday. This is the
largest, one day's sales this week. Official quo
tations follow:
STOCKS Bid.
American Central Life Insurance Co
Ann Mean National Bank 151
Atlas Engine Works preferred 104
Belt Railroad common 109
Belt Railroad preferred 118
Brown-Ketcham Iron Works pref
Capital National Bank 1444
Central Trust Co 140
Climes 'ofTce and Baking Powder Co. ...
Columbia National Bank 110
Consumers' Gas Trust Co 500
Delaware and Ma iison Co. Telephone. ...
Federal Union Surety Co 90
Home Brewing Co 115
Indiana Hotel Co. preferred 50
Indiana Manufacturing Co
Indiana National Bank
Indiana Title ti. and L. Co
Indiana Trust Co 162
Indianapolis A Martinsville R. T. Co. ...
Indianapolis Fire Insurance Co 143
Indianapolis Gas Co
Indianapolis A Eastern Ry. Co
Indianapolis At Eastern Ry. Co. pref. 90
Indiana Union Traction Co 12
Indianapolis Street Railway 814
Indianapolis Traction and Terminal.. 34
Ask.
90
155
107
112
107
151
85
MM
45
118
fi.-,
100
235
50
167
50
147
75
55
98
17
85
40
S3
225
Law Building 75
Marlon Trust Co 220
Merchants' National Bank 196
New Castle Bridge Co 105
New Telephone Co
N w Telephone Long Distance
People's D posit Bank 110
Rauh Fertilizer preferred 100
Security Trust Co 100
Union Traction common 30
Union Traction preferred 68
Union Trust Co
Van Camp Hardware Co. preferred
AVasson preferred... 102
BONDS
85
61
115
iÖ2
314
75
230
107
Broad Ripple fives
Citizens' Street Railroad fives
D. A M. Co. Telephone fives
Home H. and L. Co. fives
Indiana Union Traction fives
Indianapolis A Eastern
L e: O. Railroad fives
Indianapolis Gas Co. sixes
L & M. R. T. fives
Indianapolis St. By. bonds, fours
Indianapolis Water Co. fives
Kokomo R. .v L. Co. fives
M. H. and L. Co. fives
New Telephone first fives
New Telephone second fives
New Telephone Long Distance fives.
I'nlon Traction of Indiana fives
With accrued Interest.
90
1064
107
90
100
80
: -4
103
103
95
85
1"1
101
10
90
82
90
964
103
89
81
99
MM
I0t4
80
. 95
Custom Cotters in Convention.
COLÜMBUB, O.. Jan. 20.-The National
Association of Custom Cutters had 400
members present when they got down to
business to-day. The day was given up to
discussion of matters pertaining to tho
tailoring business. President Sherman de
livered his annual address and George W.
Dunahue, of BloomiiiKton, III., made a re
port on the international congress at Amsterdam.
With the Grain 'Brokers;
Present Market Conditions
The bid for No. 2 rod wheat In the local mar
ket was advanced to 94c at the Board of Trade
call yesterday. This is 4c over the bid Tues
day, and is the highest price for this crop in
the local market. Nos. 2 and 3 white corn, con
tract grades here were bid 4."4e yesterday.
Louisville was hii1inir ilr here yesterday for No.
I red wheat, delivered at that point. Deducting
freight tariff, the Louisville bid was about 14c
over the local price.
4-
Local receipts of corn thus far this week
show a falling off of thirty-eight cars, com
pared with the receipts the corresponding time
last week. The receipts Monday, Tuesday and
Wednesday, showing in the Board of Trade's
inspection, amounted to 12." cars, or 125,000 or
330.0 bushels, against 163 cars during the same
days last week. Practically H per cent, of the
corn received thus far this week Is grading
No. 3 white which is or.ntract grade here. ut
of the 125 cars, sixty-two graded No. 3 white.
ut of the 163 cars received the first three days
last week, eight y-one ' pradf d No. 3 white. The
"soft" weather the past few days tends to de
crease receipts at country stations, which af
fects the receipts here, also.
A. W. Thompson. In wheat tt sems to be a
case of Armour control. When this house Is
satisfied there will be a drop that can be
plainly heard. The only question is: will they
attempt to carry it much further? To those
who have good profit I recommend they keep
cloe stop loss orders behind the market as It
a.l :r.cVs. 0rn fallowed the strength in wheat
vest. rday. The seaboard markets, however,
refused to respond to Chicago's advance, which
makes me fel corn is high enough for the ares
cnt On a break of a cent or two. think It
should be bought for quick return. Provisions
reem asleep compared with life in both wheat
and corn. It is reported, however, that the
packers are not selling, therefore the trading
on ach side comes from the outside traders.
No doubt the packer would like to see a good
hreak In the market. I recommend buying on
any fair reaction.
4-4 4-
From the action taken yesterday and Tuesday.
May wheat at Chicago Is approaching the "cor
nered" condition Near the close yesterday Hy
advanced to 924c split. The market did not
weaken a fraction from this figure and closed
right at the top. It is simply a case of a
congested market. Armour has most of the
May and he Is n.aklng the shorts pay to cover.
Th?rf is a great deal of belief In the opinion
that commercially wheat is too high, but this
won't n.ake the market react when one man
has enough Mav to control the market and the
shorts are covering. All the way up. especial
ly since the possibility of war between Russia
and Japan be:n to äffe t the market, about
three weeks ago. there has been accumulat
ing an immense short interest in the May ,ie
llvery. It has been the opinion of many, many
traders that as soon as the war scare abated
the market would have a reaction and short
holders would reap a big profit. But ths war
scare has parctically died away, so far as tnw
market Is concerned Just now. and still ths
juries is climbing higher and higher. Armour.
ARMOUR CONTROLS WHEAT
MM 11 v con FW i Tin: Mt am
is Hl M; Till: MKhl 1
This Delivery dnined to Ml l-f
A est rrtlii h ort Wim teil to I ner
on. I OAVrlnKs Were Few.
CHICAGO. Jan. 2 Wheat climbed etesdllj
toward the dollar mark to-day. The pit wss
almost hare of offerings, snd tho market did not
require any su porting bull leader, hört holding
prices up themselves.
Professions! speculstors in New York and St.
Irul! are counted among the principal "fhort.
A new high record mark was made for the May,
'..'-".''1 :-.. :i gain I -'. inj:!!. ! with jeMt.r
day. The close was practically at the top.
Other grains were affected by the action of
wheat. May corn . losing e to He hlither and
oats 4c Provisions were 24c to 8c higher.
The wheat market was feverishly strong from
rtart to finish The advance to-day was due
largely to the same cause as the rise yesterday -the
congested condition of the market an enor
mous line of wheat for May delivery being held
by Armour Interests.
Notwithstanding that, aside from the Armour
deal, the situation seemed bearish, opening prices
were firm. May ranging from a shade lower to
494c higher, at 54fiS,1W- An advance in the
price of British consols Indicated a more opti
mistic feeling in regard to the war situation.
Rains in the Southwest, where the winter wheat
crop had been suffering from drought, was an
other bear indication. No attention, however,
was paid to matters like consols and rain. It
was a question of too small supply for liberal
demand.
OFFERINOS VERY LIGHT.
The leader of the bulls showed no sign of part
ing with his holdings, snd In consequence smaller
holders were encouraged to maintain a firm grip
on wheat they had. Offerings were on that
account extremely light, and were eagerly sought
for by belated shorts. The demand was largely
for the Mny delivery.
In efforts to cover shorts advanced prices rap
idly. Stop-loss or.lers coming out 01: the rise
accelerated the upward tendency. The market
continued to gain in strength as the session ad
vanced, and during the last five minutes of
trading the May reached 9240914c. a gain of
2c to 24c. The close was at V24c.
Clearances of wheat and flour were equal to
484.000 hu. Primsry receipts were 785.100 bu.
against 542.900 bu a year ago. Minneapolls. Du
luth and Chicago reported receipts of 430 cars,
against 505 cars la?t week and 329 cars a year
ago.
CORN STRONO ALL DAY.
The corn market was strong throughout the
session. A new high record mark for the May
delivery was also made In this pit. There was
a large volume of trading, with the principal
demand coming from shorts. Higher cables, un
favorable weather for the movement, combined
with the strength of wheat, were the bull fea
tures. There was considerable realizing, but offerings
were reanlly absorbed. May opened a shads lower
to a shade' higher, at 49'949'c, and, after sell
ing up to 504c closed at 504c Local receipts
were 317 cars, none of contract grade.
OATS ADVANCED, TOO.
The strength in wheat and corn sustained oats,
and prices made further gains. There was little
activity on the part of bears owing to ths fact
that the chief bull interest showed no disposition
to release his hold on his big line. Continued
light receipts and a good cash demand helped to
advance prices. May opened a shade lower to a
shade higher, at 4l'Vi414c, advanced to 424c.
and closed at 4246424c- Local receipts were
117 cars.
PROVISIONS FIRM.
Provisions were firm. In the face of lower prices
at the yards. The strong grain markets were the
principal source of strength. Commission houses
and shorts were good buyers of lard, while pack
ers were fair sellers of ribs. Pork was more or
less neglected, but closed firm, with May up flc
at $13.25 May lard snd ribs were each 24c high
er, at $7.20 and 6.70.
Estimated receipts to-morrow: Wheat, 60 cars;
corn. 2.'.'i cars; oats, 125 cars; hogs, 46,000.
Leading futures ranged as follows:
Articles.
Wheat
May ..
July ..
Sept ..
Corn
Jan ...
May ..
July ..
Oats
Jan ...
May ..
July ..
Sept ..
Open
ing 4-4
n v-4
794
44
494-494
48 -484
High
est. 924-94
844
80
464
MM
484
Low- Clos
est, ing.
894 - .
834 844
794 794
464 44
44 I S
48 44
89
4:4 424-434
374 as
834 33
414-414
374
334-334
42S
334
Pork
Jan May
Lard
Jan Ma v
July
R lbs
Jan May
July
.$12 95
. 13.174
. 95
. 7.174
. 7.20
$12.95
13 274
7.00
7.25
7.274
$12.95 $12 95
13.174 13.25
6 95 6 974
7.174 7.20
7.20 7.25
6 374 40
6.674 6 70
6.774 80
.374 6 40
6 674 6 724
6 774 ' '- ,
Cash quotations were as follows: Flour was
firm. No. 2 spring wheat. 78b96c; No. 2 red. 8
924c. No. 2 corn. 464c; No. 2 yellow. 48c No.
2 oats. 39f&394c; No. 3 White. 37 'tf414c. No. 2
rye, 56c. Good feeding barley. 4"42c; fair to
choice malting. 47Ja5c No. 1 flaxseed. $1 06; No.
1 Northwestern. $1.121. Prime tlmothr seed.
$3.25. Clover seed, contract grade, $11.25. M-mm
pork, per brl. $13.0513.174. Lard, ner 100 lbs.
$6.974. Short -rib sides iloone). $6.356 55. Short
clear stden (boxed). $6.62'g6.75. Whisky, basis
of high wines. 11.27.
Receipts Flour. 54.100 brls; wheat. 99.400 bu;
corn. 431.600 bu: oats, $55,400 bu: rrs. 14.300 bu;
barley. 199. 000 bu. Shipments Flour. 2i.ooO brls
wheat. 21.100 bu; corn. 223,000 bu; oats, 122.500 bu
ry e. 4,000 bu; barley. 18.300 bu.
Loral Wheat Market Stronger.
The local cash wh ut market ruled stronger
yesterday, and corn firmer. The range:
Wheat; No. 2 red. 94c track; No. 2 red. Mo
on milling freight; No. 3 red. 91c track; Jan
uary. 94c. wagon, 92c
Corn firmer No 2 white, 454c; No. & white,
454c: No. 4 white. 434c- No. 2 white mixed.
45'4c: No. 3 white mixed. 454c; No. 4 white
mixed, 434c; No. 2 yellow, 454c No. S yellow.
of course. Is doing some MdHng. but the offer
ing are grabbed up so Quickly by short hold
ers that his si Hing does not have the least de
prSSStaC effect upon the market. Armour has
been spoken of frequently as the cleverest spec
ulator who ever ran a corner In wheat. A
few years ago Joe Leiter put the price so high
that when he tried to unload he broke the mar
ket, and almost "broke" himself, too. If the
short Interest now Is large enough, and the
war scare has created a larger short Interest
than there would have been under normal con
ditions. Armour will be able to get rM of a
good deal of his line to the shorts without caus
ing much of a reaction. It was the current re
port that Valentine sold 200.000 bushels yester
day. Two hundred thousand bushels don't
amount to much In a market like that of yes
terday. 4-4-4-
Says the Tribune: "There is a gradual and
irresistible tightening of the lines in the wheat
market. At each successive stage of the ad
vance supplies seem to become more limited,
and the power of the big Armour holding more
marked. Bearish news or news which
traders are disposed to consider bearish has
no effect on prices, for the wheat which local
traders sell is absorbed without bringing about
Jiny break and they have, to bid the market up
in order to get It back, and while thre is
more or less inclination to sell nhort there la a
marked unwillingness to take much punish
ment on the short side. The small contract
stocks here ami elsewhere and the small re
ceipts of contract grade are attracting nv-re
anil more attention. Theoretically it is a long
time ahead to fear a corner In May. but the
big May holding here is so entirely out of pro
portion to contract stock that no one is dls
losed to forget the possibilities. The matk.t
seems to be at B point where nothing but lit .
al offerings of long wheat would relieve the
tightness of the situation, and as the price
works higher there is lees and less for sale
on the bulges.
4- 4- 4-
An advance of 5c in the flax price at Duluth Is
taken as a sign by flax people that the Amer
ican Company was in control of the seed sltu
atkn. and was ready to'mark up the seed price
so as to influence the oil situation The ad
vance in seed in this market was a veiy hum
drum affair, a mere tailing along after the
Duluth advance. No one has felt certs In so far
this season whether the American -rowd wa 'n
control of seed or not. But this sudden mark
ing up of prices is a pretty good evidence It
is. The season is now approaching when the
demand for linseed oil begins en a large scale
No other Interests except the American could
afford to mark up the seed he a bushel for the
mere purpose of Improving the oil position.
4-4-
The New York Produce Exchange has voted
to make No. 3 red winter wheat deliverable on
contracts at a 5c penalty. No. 2 northern de
liverable at Sc penslty. No. 2 hsrd winter at
2c penslty. and No. 3 hard winter at 7c penalty.
It was also voted to make delivery of Bulfalo
wheat regular at the allowance of the rail rate
at and east of Buffalo, and at 4c penalty.
Trading under this new tule begins Feb. l on
the basis of contracts Aug. 1 and later.
s i i: in ro.i ra.
S. A. FLETCHER & CO.'S
nfo lilt Vfiult
UO-:tl K.ast Washington street
Absolute safety against fire snd turgiar. Po
liceman day snd night on guard. Designed foe
safe keeping of Money. Bonds. Wills. De4a Ab
stracts. Silver Plate. Jewels and valuable
Trunks. Packages, etc. Contains Ut boass.
It Mit Ä to .- Pars Year.
WlXlitM A. Ht4.ui: - - Maaaner.
454c; No. 4 yellow, MMC; No 2 mixed, 454c;
NO S mixed I . N 4 miat-,1. 4J4r. ear. 44c.
.O steady. No 2 white. 4 ,o. No 3 white.
40c; No .' mlaed. 4c; No. $ mimed JSC
.Jlal.!l,'.d ' N" 1 "nihy. 911 No 2 tlrao-
thy. $'i' .'
Inspections Wheat: No. 2 r1. t ears; re
jected. 1 . total. I cars. Corn: No white, if
cars No. 4 white. C; No. 3 miked. 4. No 4
mixed. 1: no grade. 4; ear. 4; total. St cars.
No 2 mixed. 2 cars Hay No. 1 Unio-
thy. 1 csr.
THE WACoN MARKET.
Crn-Old. 45f.SVr . new. 404?4&c.
oats-Sheaf. SSl per ton; new. shelled oats,
ST'dy a bu.
aa&aTmS; Hg'aSg
NEW YORK MARKETS.
NEW YORK. Jan V- Flour-Receipts. tf.07t
brls; exports. 14.140 brls; sale. 11.700 packs.
Market .julet but stronger. Winter patents. 15
t?4.5; winter straights. $1 204J4 35. Minnesota
patents. $4 75f3; winter extras. S3.S0473.50, Mia-
nesota bakers. r.n 2; winter low grades.
?.T.r? 30. Rye flour Arm; fair to good. $3 3S4SS.4&:
choice, to fancy. $3. i : TS Buckwheat flour dull.
S2.Wtf2.20. Corn meal firm. Rye firm; No 2
Western. STc. nominal, f. o. b. afloat. Barley
steady.
Wheat Receipts. 4.K7S bo: exports. 7.4 bu;
sales, 4.200,000 bu, futures. Spot ana. No. 3 red.
Mc elevator anl toe f. n. b afloat; No. 1 north
ern Duluth. MM f. o. b. afloat. No. 1 hard Man
itoba, nominal, f. o. b. afloat. Pales In ;n i.
No. 2 red May. 92 3-l-.t24e. closed st W4c;
July. M4c. closed at S9c.
corn-Ree lpt1. 27.K.0 bu; exports. 2.S1J bu:
sales. 105 000 bu. futures. Spot Arm No. X,
5e elevator and &$4c afloat; No. 1, 5c- No. I
white. '.44c; May. 55 f:.4e, closed at 54c. Ju
ly. 540544c. closed at 544c
Oats Receipts. ,500 bu Spot Arm No. t
45c. standard white. 44c; No. $ 434c; No t
white. 47c; No. 3 white, 44-; track white West
ern. 454(?4!e. track white State, 4404:. Op
tions nomlnnl.
Peed steady. Hay quiet. Hops Arm. Hides Arm.
leather steady Wool firm.
Beef quiet Cutmeats quiet Lsrd Arm; West
ern steam. $7.4"; January closed at $7 40 nominal;
refined steady, continent $7 46. Pork steady.
Rl.e steady. Molasses Arm. Coffee Spot Rio
Arm; No. 7 invoice. $40: mild steady. Sugar
Raw. nominal: fair refining. 2 27-3:-. centrifu
gal. 9 test. 3 ll-12c: molasses sugar, 2 3-32c;
refined dull.
The market for coffee futures opened Arm at
unchanged prices to an advance of five points
on moderate bull support, following the con
tinued light primary movement At first trad
ing was quiet snd during the forenoon the mar
ket showed a somewhat reactionary tendency
under realizing, but later was rallied by good
buying by Wall street and Europe, closed st.. iv
st a net sdvsnce of 104315 points. Sales wera
1 '13.000, Including January. 7 3.'.c. February. T 4'c;
March. 7.40417 50c; April, 7 oc. May. 7 5417 70c;
July. 7. 90418.06c; August. 8 30c; Septemlwr. t 15
8.10c; October, 8.25c snd December, 8 40c.
TRADE IN GENERAL.
Quotations at st. Lonls, naltlsaore,
Cincinnati and Klsrvt here.
ST. LOUIS, Jan. 30 Flour higher; red winter
(atents. A 4504.00; extra fancy and straight.
4 1664.40; clear. $3.4Vu3 65. Timothy seed steady,
$2.2092 85; prime higher. Cora meal steady, $2 40.
Bran steady to firm; sacked east track. 81983c.
Wheat higher; No. 2 red cash elevator. 914-';
trsck. 93tf98c; May. 84c; July. S.v. N'. 2 hard.
S2c l orn higher. No. 2 cash. 434c; May.
474c; July, 47c. Osts higher: No 2 cash. 39c;
track. 40c; May. 414c; No. t white. 41c Hay
scarce but steady; timothy. $7.5013; prairie,
$59.60. Whisky steady, $1.314. Cotton ties.
$1 05. Bagging, 54064c Hemp twine. 5c. Pork
unchanged; Jobbing, $13.25. Iard weaker; prime
steam, $6 65. Bacn steady; boxed extra snorts,
17.50; clear ribs. $7 5". short clear. $7.76. Re
ceipts Floor. 8,000 brls; wheat. 82,000 bu; corn,
142.000 bu; oats, 69.000 bu. Shipments -Flour,
23.000 brls; wheat. 72.000 bu; corn. 55.U00 bu; oats.
47.000 bu.
CINCINNATI. Jan. 20 Flour-Firm, higher.
Fancy 4A. $4 25; family. $3 5003.76. Wheat -Firm,
higher; No. 2 red. 97fC9Sc. Corn Firm;
No. 2 mixed. 4r. Oats Firm; No. 2 mixed
42JT424C. Rye Quiet; No. 2. 63c. Lard Steu dj ,
0; bulk meats quiet; $6 50; bacon steady;
$7.76. Whisky distillers finished goods quiet
on bssls of 1.7. Sugar easy.
DT'Ll'TH. Minn.. Jan. 20 -Wheat-In store.
No. 1 hard. 884c; No 2 Northern. vr.4c; on track
No. 1 hard. 894c: No. 1 Northern S8c; No. 2
Northern. R54c; May. 94''; July. Ma F'sx
In store, on track and to arrive, $1.10, January.
$1.104; May, $.134; July. $1.144- Oats on track
and to arrive, 384c.
TOLEDO. Jan Clover seed close: Cssh an 1
January. $6.874; February. $6 90; March, MM;
prime alstke. $6.30; prime timothy. $1.40. Close:
Wheat -May. 2c; July. 864c; cash. 92c.
MINNEAPOLIS, Jan. 20-Wheat- May. 9049
91c: July. 894: September. 794. On track No. I
hard. 924c; No. 1 northern. 904r914c, No. 8
northern, 874c; No. 3 northern. 824325c.
KANSAS CITY. Jsn. 20 -Eggs Arm. Missouri
and Kansas eases returned, 214c; new No. 2
white-wood cases Included. 22c, choice timothy,
$9.5009 .75; choice prairie. $7&7 60.
ST. LOUIS. Jan. 20 Wool quiet; medium
grades combing and clothing. 17021.-, light Ane,
160174c; heavy Ane. 120144; tub washed. 20
31c.
LIVERPOOL Jan. 20 Wheat Spot, nominal.
Corn Spot, steady. American mixed new. 4a
34d; American mixed old. 4s 54d
BALTIMORE. Jan. 20 Close: Wheab-May.
S4c; .Tan uar v. s3Ho. Corn January. sOc; Feb
ruary. 5040504c.
MILWAUKEE. Jan. 20. Barley Arm; No. 2,
62c; sample, 38063c.
Batter, cheese and I'kbi.
NEW YORK. Jan. . Buttsr Rscetpts. B.167
packages. Market steady; extra creamery. 22c;
creamery, common to choice. If021c; State dairy.
HfjlSo; held creamery. 144lS4c. Cheese Re
celpta. 5.S82 packages. Market steady: Stats full
creams, fancy small oolored. September, 12c; late
made. 104c: small white, Feptember. 12c; lata
made. Kc; larga colored. Haptembar. 13c; lata
made, 04o; large white. September. 12c; lata
mad". 1"V. Eggs Receipts, 2.414 packages.
Market Arm; State and Pennsylvania snd near
by average finest. 31c; State and Pennsylvania,
seconds to firsts, 2'i30c; Western extras. 21c;
Western firsts. 30c; Western seconds, 2S02c; re
frigerator. 244i27c.
PHIIADKLPHIA. Jsn. 20 Butter Steady,
fair demand. Extra Western creamery. 23c; eg.
tra near-by prints. 27c. Eggs fit in. e l demand;
fresh near by. 32c at the mark: fr. sh V .-stern.
32c at the mark; fresh Southwestern, 21022c at
the mark; fresh Southern, JKi31c at the mark,
i'heese- Steady at New York; full creams. chol
to fancy, 114tfU4c; New York full creams, fair
to good, 10 lie.
CHICAGO. Jan. 20 On ths Produce Exehanga
to-day the butter market was steady; cream -eriep.
164926c; dalrle. 134919c. Kggs steady, at
mark, cssea included, 254? 27c. Cheese steady at
110124-
ST. UptTTSi Jan. 20 Butter easy; creamery,
11023c ; dairy, 13 18c. Eggs steady at 22c. cases
ineluded.
CINCINNATI, Jan 20 -Rutter quiet. Egg
easier at 24026c. Cheese steady.
Poultry.
NFW YORK, Jan. 20 Poultry Alive Arrnj
Western chickens. 12c; fowls. 14c; turkeys, N ;
dressed steady; W'entern chickens, 12014c, fowls,
12013c; turkeys. 17f19c.
BOSTON Jan. : Special poultry Arm;
fowls. L'ol2'..-; spring. I 14c. hen turkeys,
1S02SC: torn turkeys. 18c. Eggs steady at 20c.
ST LoUIS. Jan Ml Poultry steady; chick
ens. 84 . M-rings, 84c; turkeys, 12012c; ducks,
10c; geese. t .
CINCINNATI. Jsn V-Poultry Arm; hens,
ic; springs, 12c; turkeys. 144c.
10c;
CHICACX .
keys, 10$ 11c;
e steady; tur-
ngs. 10c.
Oils.
y -4'rcdlt balsn-es.
ait C1TV Tan 4 r . Hit halan.M
certificate, no bid. shipments. M.V brls; arer.
age. 72.13; brls: runn. tS.7S3 brln. average. C2.1Ö4
hil Shipments l.lma, 7r..v:4 brls; average,
$7, ff brl". runs (Lima), 10,911 brls; average
4i.0& brls.
SAVANNAH Jan. 20 Spirits of turpentine
firm at 6 Rosin firm; A. R. C. D. litt; R,
$2 .-.; K. $- :; $2 : . II. $2 9'.. I. $3 10. K,
.M-. M $2.2 It, $3 9ö; window glass. $4.14);
water white. $4.50.
NEW YORK. Jan. 20 Tallow steady. Cottoa
sed oil steady !" troleum stendyRostn qui-t;
stralm-d to common t good. $2.M42 - Spelts
cf turpentine quiet at 6&j4b4c.
WILMINOTON. Jsn. 2). 8plrlts of turpentine,
nothing Oolng. RoMn Arm at $2 35 Tar firm at
$1 jo. Crude turpentine fit in at $2.D04t4.2.
CHARLESTON. Jsn. 20 Spirits of turpentlaa
firm at Stc. Rosin steady.
''II. ' ....... - - - - -- h ,
l)r I.
NEW YORK. Jan. 20 -Tbe ot
rs of dry goods show no det
uy-
rit ntly now wllllna
spot or near-by b Uv
tend thst present qt
based on the oust of
Still tK loi
olios.
NKW ORLEANS. Jan.
5.0.V" bales. Ordinary.
12 I lc; low ml Mllng
14 U-lc; good middling.
14 11-lSc. Rec-tpts, a.24
hu 1 t-
NEW YORK. Jsn. a
quiet; middling uplands
14.7c. sales. 1.322 bales
!0 tton Arm
I ' ' s.
lg fair.
4
closed
e gulf.
Metals.
ST. LOUIS. Jan. M. Lead firm. $4 40. Spelter
i sUe- Swi