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FROM S STATES
HOUSEWIVES OPEN CANNING
SEASON IN EARNEST.
Batter and Eggs Are Holding to a
Steady BasisPoultry Rules Weak,
with Declining TendenciesDressed
Meats Inclined to Drag Since Warm
Weather* Set in.
The Minneapolis market has been par
ticularly well favored this week on th
strawberry question. Stock from five
states has been coming in regularly, al
tho the proportion of Minnesota grown
has been'light. Some very showy berries
are in market from the Hood river dis
trict, Oregon. They are of a deeper red
than other stock from other districts ship
ping to this market, while the growers
have packing down to a nicety, facing all
boxes in the manner fruits from the west
are usually shipped in. They are sePing
a trifle higher than Missouri. Iowa and
home-grown stock, owing to the greater
carrying charges. Th local market has
been well supplied on all lines of fruits
this week. Arrivals of California cherries
have been liberal forth time of year,
and values declined to a lower point than
expected. few apricots are among the
late cars, but they hold up well in price.
Carlot receipts of watermelons are arriv
ing, with stock jobbing at 35c to 40c
each, very reasonable for the size and
quality of stock now coming. Navel or
anges are well cleaned up, so that stock
can not be depended upon, but late Val
encias are in market, selling at ?4 for any
and all sizes, so that there will be no
scarcity of oranges for some time to come.
Butcher Halves, Cleavers, Steels and Saws,
Sheep Shearing and Horse Clipping Machines.
All kinds of cutlery grinding a specialty.
R.H. HEGENER,207 Nicollet Ay.
TWENTY DOLLARS SAVED
ON EVERY $100 THIS IS YOUR
YOU HAVE BUT
TWO BAYS tiflORE
IN WHICH O BUY A PRESENT PRICE.
On Monday, June 20th, these securities will be advanced 20 per cent. W
therefore advise you to send your subscription at once, which WILL SAVE
YOU $20 ON EACH $100 INVESTED. THERE IS NO EASIER WA O
MAKING MONEY th an by buying now and earning this difference. If you
delay you will be too late. THE MARCONI SECURITIES AFFORD THE
BEST INVESTMENT EVER OFFERED THE PUBLIC.
The system is established and in operation with working plants on over
100 ocean steamships, and is also used by the leading navies of the world.
Marconi Messages are received by the Western Union and Postal Telegraph
Companies at their 60,000 offices, and the company is earning money every
day, and its revenue during 1903 increased 700 per cent over that of 1902. I
is the greatest discovery the world has ever seen and will exceed the tele-
phone, telegraph and electric light in usefulness and general application.
The Marconi System is indorsed by the press of the world, by Andrew Car-
negie, Edison and many others of equal prominence. There is no preferred
stock, no bonds, every stockholder being on an equal basis.
The stock i t6 British Marconi Company, which was put out at $5, has
since sold at $22 a share on the London Stock Exchange, an advance of 340
per cent, a striking instance of its great value as an investment. Th
American company offers similar opportunities.
PROSPECTUS AN FULL INFORMATION FURNISHED ON REQUEST.
Send your application to-day for not less th an $100 nor more than $1,000
worth. Make all checks payabl and address al to
Lemon trade is feeling the bracing effects
of the warm weather, but values are un
changed from last week. Pineapples are
fine and cheap, and the northwest is tak
ing hold of them nicely. They are grow
ing in favor each year, since values got
down to a basis where all can afford
In vegetables, tomatoes show a sharp
decline from last week. Cabbage is scarce
and high, and good stock will bring quo
tations readily. Potatoes continue firm,
with new stock becoming a staple article.
Old are not selling well unless of better
quality than average receipts.
The butter market has fluctuated a trifle
and has shown a peculiar feature in de
F. P. WARD & CO., Banterse, Pioneer Preslscommunications. Builiing, St Panl, Minn,
919-922 Land Title Building, Philadelphia, Pa.
Farmers' Bank Building, Pittsburg, Pa Century Building, St. Louis, Mo.
Clark and Washington Sts Chicago, III. Crossley Building, San Francisco, Cola.
Correspondents of Munroe & Munroe, N. Y.
If you will cut out and send us this Coupon, we
will send you by mail, postpaid, absolutely free of
charge, a set of twenty interesting half-tone photo
graphs, handsomely printed on fine paper. They are
views recently taken in Old Mexico by our Vice Presi
dent and have been greatly admired. They show inci
dents of how gold is produced and are exceptionally
These pictures were obtained at great cost and
were very expensive to engrave. Only a limited number
have been printed. Our name does not appear on any
We raise capital for good mines. We offer inves
tors excellent opportunities. We have $100,000 of
high-grade invested assets and we have a Guarantee
Fund System to protect our customers against loss.
We give these pictures to get the advertising. Address:
clining a half cent on creamery extras
and advancing* the same fraction on pack
ing stock. Speculative buyers on extras
have not ad\anced their bids over last
week, while extreme eastern points show
a quarter cent lower quotations. Th de
pressing feature of the situation ,1ust at
present seems to be the excessive propor
tion of the make that will not grade high
enough to stilt the buyers, who mu st be
depended upon to take the surplus. These
goods drag, and holders frequently have
to make generous shadings of price to get
the goods moving. Dairies are poor sell
ers, comparativelv speaking, Just at pres
ent, and there is more or less of an ac
cumulation at all receiving points. There
is no well defined outlet for them, out
side of the moderate call from retailers,
and several large lots of goods that would
grade close to extras on a firm market,
are now seeking buyers at from 12c to
12%c. Packi ng stock buyers are taking
all fresh, sweet grass goods they can get
at lie, and the market cleaned up closely
at the time of the late advance.
Eggs are featureless. Values are hold
ing to a steady basis, as receivers gener
ally are forcing their surplus into coolers
for future use, not as a matter of specu
lation, but protection. Th consumptive
demand is Fomewhat higher, but this 18
fully offset by the more moderate re
No changes nave developed in the cheese
situation. Too much new stock is coming
in to allow the market to gain any firm
ness, while the old makes clean ufe slow
ly, and each day develops a weaker tone
in the holder, and a disposition to cut
prices still further, in order to attract at
tention to them. Large lots of no grade
will job at quotations.
The former high prices on poultry have
attracted in heavy shipments of all varie
ties, and values had to go lower. Re
ceipts of broilers have been far and above
the requirements of the trade, and the
past few days but few sales have been
Mercantile Finance Company,
714 New York Life Building, Chicago, III.
Write your own name and address plainly. The pic
tures will be sent by return mail.
RIEND, CROSBY 4 CO.,
IIJs Live Stock Commission
Room 32 Exchange Bide., UNION STOCK YARDS,
FITCH AND COMPANY
Live Stock Commission %!g%$&
Transact a General Live Stock Business*
Stockers and Feeders a Specialty. Write or Wire Us for Quotations.
Both Phones. Office. 3380. 1380 residence, N. W., 205'i LI T. C, 1648. Established 188T.
WE GET HIGHEST PRICES
LIVE STOCK COMMISSION MERCHANTS.
UNION STOCK YARDS, SOUTH ST. PAUL.
The Chas. L. Haas Commission Co.
Live Stock Commission Wierohants
Room 19, Exchange Building, Union Stock Yards, So. St. Paul.
Union Stock Yards, Chicago, 111.
So. St. Paul.
made at outside quotations. Th dressed
me at list has held quotably steady, but
there is an undercurrent of weakness on
veal that has threatened declines almost
every day. More veal th an has ever be
fore been known has been put in freezers
this spring to save them, and this alono
has saved the market going to pieces sev
eral times. Fo at least thirty days the
commission men have found the receipts
heavier on both poultry and veal th an the
current demand, and they have had to re
sort to these extreme measures several
times to prevent heavy losses to the ship
The week closing has been a lively one
for the fruit trade. Th demand is fully
to last year, while country buyers are
looking further ah tad to the Fourth of
July trade, and placing their orders in ad
Offioial quotations of the Minneapolis
Produce Exchange, corrected up to 12 m.,
Saturday, June 18.Butter, steady. Eggs,
weak. Poultry, dull. Veal, weak.
BUTTERReceipts, yesterday, 48,870 lbs
creameries, extra, 10c creameries, lirst, 15c
creameries, seconds, 13c dairies, extra, 14c
dallies, firsts, 12c dairies, seconds, lie packing
EGGSReceipts yesterday, 721 cases. Fresh,
at mark, as received, cases included, 13%c
fresh, at mark, shipping cases included, as re
ceived. 13%e at mark, doz, cases included,
14%c, dirties, per case of 30 doz, $2.70 seconds,
per eate of 30 doz, $2.70, checks, per case of
30 doz. $2.70.
Ciit-iibijjL'win or flats, fancy, 7@10c twin
or fiats, choice, 5Mi@tic. twins or flats, fair to
good. d@4c Young Americas, fancy, lie brick.
No. 1. Uc brick, No. 2, 9c brick, No. 8, 6(g)up
6%c primost, No. 1, 8c primost. No. 2, 6c
pultost. Cc: Swiss. No. 1 block. 15c Swiss, No.
2 block, 12c: daisies, No. 1, 10c limburger, No.
LIVE' POULTRY Turkeys, 10@llc hens,
9M)c: young roosters, 7 old roosters, 5c ducks,
6c geese, 8c broilers, iy 3 lbs and up, doz,week.
itUESSED MEATSVeal, fancy, per lb, 6c
fall to good, 4@5c small or overweight, 3@4c
mutton, fancy, 5@6c lambs, yearlings, 4
milk lambs, pelts on, 10@13c, hogs, 5^5%c
FISHPickerel, 4@4^c bullheads, 6c crap
pies, 5@6c pike, 5c.
CABBAGENew, large crates, $3.50 small
POTATOESWhite, car lots, sacked, per bu,
95c&$1-05, mixed, car lots, 90c(gf$l small low,
sacked, $1.35 new, $1.60.
ONIONSBermldas, per crate, $2.20 Texas
Beimudas, per 100 lbs, $2.
DRIED PEASFancy yellow, per bu, $1.60
medium, $1 20 green fancy, $1.50 medium,
$1.15, marrowfat, $2.
BEANSQuotations include sacks. Fancy
navy, per bu, $2.25 choice navy, $2 medium,
hand-picked, $2 medium, fair, $1.25 medium,
mixed and dirty, 05$75c brown, fancy, $3.75
brown, fair to good, $3 Lima, California, per
APPLESBaldwins, per brl, $4.50@5 Rus
sets. $4 50@5 Ben Davis. $4.50@5.
ORANGESLate Valencias, all sizes, $4 Med
iteuanean Sweets, all sizes, $3.25(^3.50 St.
Mishtels, all sixes, $S.75.
LEMONSCalifornia, fancy, as to size, $3.50
@3.75 choice $firstname.lastname@example.org Messinas, $3.75@4.
STRAWBERRIES24-qt case, $1.75 16-qt
case, $1.20: homegrown, 24-qt caBe, $email@example.com.
PINEAPPLESPer doz, $1.75@i2 per crate,
HONEYNew fancy white. 1-lb sections, 12c
choice white, 1-lb sections, 12c amber, 10c
goldenrod, 10c extracted white, in cans, 7c
extracted amber, 7c.
CHERRIESPer box, $1.10.
GOOSEBERRIES24-qt case, $firstname.lastname@example.org.
PEACHESSix-basket crate, $3.50.
BANANASJumbo bunches, $3@3 25: large
bunches, 2.502.75: medium bunches, $2@2 25.
NEW VEGETABLESAsparagus, doz, 60c
beans, string, bu box, $2.50 beans, wax, buhave
box, $2 50 beets, per doz bunches, 50@65c:
carrots, per doz bunches, 50c cucumbers, doz,
75c, cauliflower, crate, $1.75 egg plant, doz,
$1.50: lettuce, doz, 20c letutce, heads, 30c:ceipts,
mint, per doz, 40c onions, doz bunches, 15c,
parsley, per doz, 30c pieplant, per 100 lbs, $1
green peas, per bu, $1.752 radishes, round,
doz bunches, 15@20c spinach, per bu, 50c
tomatoes, fancy, four-basket crates, $1.50 tur
nips, doz bunches, 50c watercress, doz, 30c
gjrlic, lb, 13@15e.
CHICAGO PRODUCE, June 18.Butter,
steady creameries, 13%@17%c dairies, 12(5)
16c. Eggs, easy, at mark, cases included, 14@
14%c. Cheese, weak, daisies, 8c twins, 7%fa
7%c, Young Americas, 8c. Poultry, alive weak
turkeys, 10c chickens, 10c springs, 15@20c.
Potatoes, new, weak car lots, sacked, Texas
triumphs, $1.10^.1.25 Arkansas, $email@example.com Ear
ly Ohio, $1.30. Veal, steady 50 to 60-pound
weights, 5@6c 65 to 75-pound weights, 66%c
80 to 125-pound weights, 6%@7%c.
CHICAGO PEOVISIONS, June 18.Provisions
were barely steady as a result of moderate profit
taking. Small receipts of hogs and higher
prices at the yards were influences apparently
ignored by the majoiity of traders. September
pork opened 2%@oc highei, at $12 75%, sold off
to $12.75 and rallied to $12.82^. September
lard was unchanged at $6.97^. Ribs were down
2y2c at $7.40.
Close: PorkJuly, $12.57% September,
$12.85. LardJuly, $6 firstname.lastname@example.org% September,
$email@example.com. RibsJuly, $firstname.lastname@example.org% Sep
NEW YORK PROVISIONS. June 18.Beef,
firm. Pork, firm. Lard, steady prime western
HIDES, PELTS, FURS, WOOL
NEW YORK PRODUCE, June 1.Butter-
Steady receipts, 3.647 packages creamery, com
mon to e\tra, 13@18c, state dairy, common to Dec
extra, 13@17c. CheeseFirm receipts, 4,530 The following table shows the receipts thus
weekly exports, 5,653 boxes state full cream, far in June, as compared with the same period
small, colored, 7%@8c, small, colored, fair to in 1903:
good, 7%(a!7^c small, white, choice, 7%c Year. Cattle. Calves.' Hogs.
small.j white, fair to good, 0%@7Vjc large, 1904 ....10,206 3,258 47,902
colored, choice, 7%c large, cHored fair to 1903 7,328 2,920 41536
good, 6%5j7V2c large, white, choice, %c large, uu. 2,938 338 6.366
white, fair to good, 6%@7%c. EggsSteady Dec f..?7
receipts, 13,714 packages state, Pennsylvania
and nearby fancy selected white, 20@21c firsts,
17VJ@18C, western extras selected, 17%@18c
firsts, 16%@17c bouthern, 14%@15ic inferior,
REVIEW 0 1 THE MARKET BY THE NORTH
WEST HIDE & FUB CO.
HIDESThere is a slight advance in prices
of hides, due not so much to the strength of
the market as to the better quality of theJune
hides now coming in. Altho some lots are still
coming with either no salt or not enough, a
larger proportion of the receipts are short
haired and properly salted.
WOOLThe buyers in the country and theLight
local dealers are getting the fever of excite
ment which appears to be contagious. It apgood
pears as if they are trying to see who can
pay the most for the wool. Our advice to
anybody with wool on hand Is to sell it during
the present excitement, as prices may ease offi
at any moment. Prices range from 17c to 20c
as to quality.
TALLOWThe market appears to be quiet
but firmer. No change In price.
FURSIn the June London sales prices de
clined on nearly all the principal articles, espe
cially muskrats, northwesterns, 35 per cent
lower than in January.
No change on other goods.
Green salted heavy steeer hides 8J
Green saltedfr,/vhides 7% 6%
Green salted light hides 7% 6%
Green salted bull hides 6% 5%
Green salted lip 9i 8
Green talted -veal calf 11 9%
Green salted long-haired kip 8 6%
Green salted deacons 45 @55
Green salted branded, l%c per pound less than
free of brands.
Green frozen, less than grade.
Green saltd ho.-se or mule hides,
large $3.20@2 26
Green salted horse or mule hides,
Green salted horse or mule hides,
small 1.70 1.00
Dry fll'nt Montana, Oregon, Washing
ton and Idaho hides, flat 14 @15%
Montana bulls and "fallen hides 10 @11
Dry flint Minnesota, Dakota, Wiscon
sin and similar 12
Dry flint calf skins 16
Green patted pelts, large to small,
Dry flint territorial pelts, lb 10
Tallow, in cakes 4
Tallow, in barrels 4
Grease, light 3%
Wool, medium, unwashed 10
Wool, coarse 15%
Wool, fine, unwashed 12
Feathers, goose 40
Feathers, duck SO
Feathers, chl.-ken 4
Feathers, turkey 3
Dry ginseng root, per lb $5.8006.00
Green, for planting 1.25
Seneca root, per lb 65
ST. LOUIS GRAIN, June IS.Close: Wheat
Firm No. 2 red. cash and elevator, nominal
track. $1 July. 82%c September, 79%i|80c
No. 2 hard, 88@90c. CornSteady No. 2
cash, 47c: track. 48@48%c July, 46%c Sep
tember. 46%@46%c. OatsDull: No. 2 cash,
40c tr'ack. 42^?e: July. 37c September, 30%c:
No.. 2 White, 45V
Spelter" No 2 white Ss^c LeadUnchanged, 4,10c. ewes $4.50@5 common
SOUTH ST. PAUL ON
A FIRMER BASIS
DEMAND FOR DRY-FED CATTLE
Wider Range Expected Between
Grassy Stock and Grain Cattle
Hog Prices Above the Level of Last
WeekSheep and Lambs Stronger
for the Good Butcher Stock.
South St. Paul, June 18.Receipts of
cattle here this week total about 2,900,
compared with 4,879 last week and 3,440
the same week last year. This week's calf
receipts were about 1,000, compared with
1,425 last week and 1,344 the same week
last year. Demand for desirable dry fed
beef and butcher cattle has been very
strong, and prices on such grades were
maintained on fully a steady basis with
the recent sharp advance. Few 'dr lot
cattle are coming and Indications point to
a continued strong market on such kind.
Plain and common steers on the grassy
order and common to fair cow stuff de
clined more or less each day and the close
of the week finds such grades selling fully
15c to 25c lower than at last week's wind
and most grades of cows now selling
below $2.75 are 50c under two weeks ago.
It would not be surprising to see the
range between common grassy stock and
choice grain cattle widen still further next
Best butcher bulls are about steady,
others weak. Veal calves have advanced
about 25c over last week's closing. Fair
to good grades are selling from $3.50 to $4.
The trade on stock and feeding cattle has
been slow and the tendency in prices to
ward a lower level. Good feeding grades
are selling to the best advantage but even
these kinds show some weakness, while
the common light slock cattle are drag
ging at 10c to 15c lower prices than a
week ago Stock and feeding cattle art
now selling at a wider range from fat
cattle values than for some time and the
slack country demand is, in view of this
HogsThe week's receipts were about
19,700, against 20,357 last week and 14,202
the corresponding week last year. Re
ceipts at all markets have again fallen .un-
der the packers' estimates and prices have
been further advanced. A the close of
Friday's trading, values were on a full 15c
to 20c higher basis th an Friday of last
week. Indications favor moderate re
ceipts and a steadier trade from now on.
The bulk of the hogs here Friday sold
from $4.75 to $4.80. Choice medium and
heavy weights are quotable around $4.95
and common to good lighS mixed and
heavies from $4.60 to $4.85.
SheepThere were about 2,200 sheep re
ceived here this week, against 1,306 last
week and 2,330 the like week last year.
The demand has been strong for good fat
sheep and lambs for slaughter and such
sold strong to higher than last week.
Common to medium grades, which are
making up the major portion of the re Georgia
have ruled quiet at last week's
prices. Good to choice fat ewes are quo
table from $4.75 to $5, with medium
weights selling at the best prices. Good
to choice fat yearlings and wethers are
quotable from $4.90 to $5.15, and good to
choice spring lambs from $5 50 to $6. Com
mon, thin stock continues to be neglected,
the feeder demand being of insignificant
proportions, and killers have no place for
such kind, except at very low prices.
Estimated receipts at the union stockyards to
day: Cattle, 50 calves, 15 hogs, 1,600 sheep,
75, cars, 24.
The following table shows the receipts from
Jan. 1, i904, to date, as compared with the
same period in 1903-
Yerr. Cattle. Calves. Hogs. Sheep, Cars.
1901 ....73,479 18,606 491,126 249.115 10,002
1003 80,059 26,005 377,433 178,708 8,267
Inc 113,693 70,407 1,135
Official receipts for the past week are as fol
lows: Date. Cattle. Calves,
3,070 3.798 5,510 3,593 2,190
701 685 300 206
Railroads entering the yards reported receipts
for the day by loads as follows:
Chicago Great Western, 3 Chicago, Milwaukee
& St. Paul. 4 Minneapolis & St. Louis. 2: Great
Northern, 5, Chicago. St. Paul, Minneapolis &
Omaha, 8: Northern Pacific, 2. Total, 24.
Disposition of stock Friday, June 17
Swift & Co 141
W. E. MeCormick..,.^,- 1
W. G. Bronson 1
Slimmer & Thomas... 78
P. Evans 11
J. B. Fitzgerald 10
Country buyers 228
Totals 439 2,138
Date Av. Wt. Av. Cost. Price Range.
June 10 211
June 11 215
June 13 222
June 14 218
June 15 221
June 17 226
Prices 5c higher than yesterday's closing. Re-1 farmers have nottnfound woolgrowingin
OMAHA" LIVE STOCK, June 18.CattleRe-
ceipts. 100 market unchanged native steers,
$email@example.com cows and heifers, $firstname.lastname@example.org can
ners $email@example.com stockers and feeders, $2.50
4.15 calves, $firstname.lastname@example.org bulls and stags, $2.50
HogsReceipts,*,800 .market stronger heavy,
$4.95&5 mixed, $email@example.com light. $firstname.lastname@example.org
pigs, $email@example.com bulk of sales, $firstname.lastname@example.org.
SheepReceipts, $2,000 market steady wes
tern yearling*. $4.75@5 25" wethers, $*-.email@example.com
ewes, $4.50@5 common and stockers, $3@5
V4-! lambs, $5.507. k'W?'
CHICAGO LIVE STOCK, June 18.CattleRe--
ceipt, 800 slow good to prime steers. $5.75
6.B0, poor to medium, $firstname.lastname@example.org stockers and
feeders, $email@example.com cows. $firstname.lastname@example.org: heifers. $2
bulls. @4.75 canners, $email@example.com bulls $firstname.lastname@example.org, calves,
ceipts light. Quality very ordinary. Prices recen yearesl turning attention to
range from $4.75 to $4 90 bulk, $4.80 to $4.85. i o*hert
to choice mixed, medium and heavyweights, margin between quotations for these grades has
from $4.90 to $5.
Hogs32, 240 lbs. $4.90 80, 207 lbs, $4.90
2, 202 lbs, $4 85 84, 196 lbs. $4.85 66. 180
lbs, $4.80 55. 199 lbs, $4.80 80. 182 lbs, $4.75
62. 178 lbs, $4.75.
Underweights and Roughs5, 400 lbs, $4.50,
7. 385 lbs. $4.45 2, 105 lbs. $3 2. 150 lbs,
$2 85. 1. 490 lbs. $3.25 1, 460 lbs. $2.25.
CATTLEReceipts very light and market un
changed from Friday. Dry cattle and butchers
beef are quoted strong with a week ago. Com
mon grassy steers and common medium cow
stuff fully 15 to 25c.lower for the week. Good
No. 1. No.
2.% feeders about steady. Common to fair light porter. The only easier Item on the list is calf
stuff 10 to 15c lower than a week aro Good
milk cows stronger. Others unimproved. Sales:
Butcher Steers2, 1,055 lbs, $5.40 1, 1,270
lbs, $5 1, 910 lbs, $4.
Butcher Cows and Heifers1, 1,430 lbs, $4.25
1, 1,070 lbs, $3 50 1. 600 lbs. $8.25 1, 1,020
lbs. $3 1, 870 lbs, $2.75 2, 910 lbs, $2.65.
Cutters and Canners1, 910 lbs, $2.40 5, 864
lbs, $2.25 1. 820 lbs, $2.25 2, 835 lbs. $2.
Butcher Bulls1, 1,360 lbs, $3 1, 1,230 lbs,
$2 65 1, 1,120 lbs, $2.50.
Veal Calves1, 130 lbs, $4 2, 110 lbs, $3.75
8, 351 lbs, $2.50 2, 385 lbs, $2.
Stock and Feeding Steers2, 275 lbs, $3 16,
372 lbs, $2.70 4. 365 lbs, $2.50 5, 528 lbs,
$2.40 1, 390 lbs, $2,25 1, 400 lbs, $2.10.
Stock and Feeding Bulls1, 980 lbs, $2.50 3,
790 lbs, $2.25 1, 590 lbs, $2.15 1, 611 lbs,
Milch Cows and Springers1 cow, $15.
SHEEPReceipts light. Desirable sheep sell
ing steady. Spring lambs weaker. Desirable
fat sheep are selling strong to higher than at
last week's closing. Other sheep and lanns
Killing Sheep and Lambs4 spring lambs, 60
lbs. $6 4 spring lanibs, 50 lbs, $5.25 22 ewes
and wethers, 107 lbs, $4.85 3 ewes, 136 lbs.
$4.75: 7 spring lambs. 50 lbs, $4.50 5 cull
spring lambs, 62 lbs, $3.25 2 bucks, 120 lbs, $3.
Among the shippers on the market were:
Henderson Live Stock Company, Henderson Mc
Connell & Anderson, Le Sueur George Dodge,
Madelia J. M. Hogan, Benson, F. Remes, New
Prague H. H. Kempton, Redwood Falls Jen
nings & H., Wanda Lerschen Brothers, Ghent
Miller & Porter Geynueso, Canby G. Rowen.
Burnham & Tower City, N. D. A. Nernssell.
Greene, N. D,: E. Carver, Morrlston Dawet
& Co., Janesvllle.
HogsReceipts to-day. 9.000 to-morrow. 30,-
000 steady mixed and butchers, $email@example.com
ood to choice heavy. $5.10(85.22%. rough heavy,
firstname.lastname@example.org light, $email@example.com W of sales,
SheepReceipts, 2,000 steady lambs, steady
good to choice wethers, $firstname.lastname@example.org western
sheen, $4.50@5 native, lambs, $5@(i.50 west
ern lambs, $U@7 spring lambs, $email@example.com.
KANSAS CITY LIVE STOCK, June 18 Cattle
Receipts, 200, including 700 southerns mar
ket unchanged, best fcteers, $firstname.lastname@example.org south
ern steers, i3y!5.70 southern cows, $2.25@4 na
tive cows ana heifers, $email@example.com blockers and
Receipts 4,000 market steady heavy,
$firstname.lastname@example.org packers, $4.85 pigs and lights,
500 market steady sheep,
$email@example.com lambs, $firstname.lastname@example.org.
ST. LOUIS LIVE STOCK, June 18.Cattle-
Receipts 500 Texans market steady, beef steers.
$4ht$.65 stockeis and feeders, $3 email@example.com, cows
and heifers, $2.25@4 23, Texas steers, $firstname.lastname@example.org
cows and heifers, $2.75r?3.75
HogsReceipts, 2.W0 market about steady,
pigs and lights, $4.i:@4.90 packers, $4.80@5,
butchers and best heavy, $4 email@example.com.
SheepReceipts, 200 market steady to strong
natives, $3.50@4 75, lambs, $firstname.lastname@example.org Texans,
MANY FAVORABLE SIGNS
CROPS DO BETTER AND LAKE
New York, Jsne 18 Bradstreet's reviewing
the state of trade of to-day says:
Favorable features this week are the fur
ther improvement shown in leading ciops and
the ending of the tieup on the Great Lakes.
Wheat, oats and cotton have improved, but
corn is still backward, owing to the cool
weather. General trade and industry have re
mained quiet, and may be said to have "marked
time." The notable underlying feature of the
entire situation is the feeling that with an
average crop of\ wheat and large yields of theAn
other cereals and of cotton now in prospect, a
good fall and winter business is to be looked
for. Pending further progress in this direc
tion, the tendency Is to await events. Prices
of leading products have telt the influence of
crop news, wheat, oats and cotton declining,
while corn has remained very steady on re
ports of backward conditions and small sup
plies offering. Railway earnings reflect cur
rent quietness in business, and the decreases
of 3-5 per cent of gross in May and 6 perThe
cent in April net, indicated last week, are
confirmed by fuller details. Transportation
business generally is better than in 1902. Bank
clearings, a moie Immediate reflection of cur
rent business, show an enlargement over last
week, but grand totals will still show reces
sions from a year ago The cioss current of
ebb and flow noted at different cities, however,
may possibly be significant of a change in the
tide.i Collections still reflect the influence of
a backward spring In retail trade, and are com
plained of as slow at a number of centers.
Money continues easy and stock market activity
is largely professional.
Crop advices to Bradstreet's tell mainly of
Improvement. This is most noticeable In win
ter wheat, harvesting of which has become
general In the southwest and In California.
Spring wheat is also making progiess along
satisfactory lines. An average crop of wheat
has been raised in Texas, but the jield in Cali
fornia will be below the average, owing to dam
age by dry winds. The stand of com is good,
but the weather is too cool for the best growth.
The California grape and raisin crops wil
very large, and southern peaches promise a
heavy yield. Eastern vegetables and fruit
crops are reported injured by backward weather.
The southern oats crop, now being harvested,
was injured by dry weather in May.
Reports as to the cotton crop are almost
universally favorable, the only exception be
ing noted in Arkansas, where a heavy re
duction is probable because of overflowed lands.
The Texas crop is growing finely, first bales
being reported nearly a month ahead of the
usual time. The crop in the lower Missis
sippi valley is making good progiess, and inWilliams
and Alabama is reported growing
The leading industries generally display
quietness Iron and steel are dull and pro
duction is being curtailed, but price weakness
Is less manifest, possibly because large con
sumers are making inquiries, and, witlt a clear
er crop and political outlook will probably buy
liberally at the concededly close cost prices
for raw material The ending of the lake
strike has brought about a resumption of oreDenbigh
shipments down and of coal up. Anthracite
coal is in exceptionally good demand for this
time of the year, but bituminous is dull and
weak. The lumber trade is rather irregular,
being very much depressed on the Pacific coast,
fairly active in the northwest, but rather
at the east. Low prices for yellowr
hemlock are Inducing a change in demand to
those sorts from white pine.
CANADA'S CATTLE DUTY.
The Canadian northwest has a sort of agra
rian party of Its own. says the National Pro
visioner in following out a line of thought recent
ly suggested in the Drover's Journal. It is a
tory in politics and is now working for the
placing of a duty on American cattle shipped
across the border. One put pose of this is
make Dominion stockmen use local stock for
breeding and other purposes. These will have
to be purchased from the live stock politicians
at an enhanced figure therefor. The movement
Is a confession on the part of the Canuck that
United States cattle are both preferable to and
cheaper than Canadian stock. The encourage
ment to this end is lent by the fact that Amer
icans are seeking pastures across tne border
and now graze about 200,000 beeves there annu
ARGENTINE MEAT IN BELGIUM.
George W. Roosevelt, United States consul at
Brussels, Belgium, writes: "In view of thefurther
very successful issue of a recent enterprise here
the following may be of interest to the dealers
and expoiters of meats in the United States.
Owing to the prevailing high prices in this
country for butchei's meat of all kinds, atten
tion has lately been directed to the importation
of beef and mutton in cold storage. A large Im
portation was made from La Plata and shops Sheep.
86 were opened in several cities of Belgium for the
11J I sale of the meat, which was retailed at prices
24 varying from 7 to 14 cents per pound, or nearly
4% cents per pound less than native beef and
lvitton. The meat is reputed to be of excel
lent quality and the unexpected competition has
created considerable uneasiness among the
butchers in localities where the Imported meats
are sold. The meat is sent in cold storage direct
from Argentine to Antwerp.'
4.57 4.66 4.64 4.70 4.73
LITTLE INDIANA WOOL.
A remarkable shortage
pounds tha date this
21 pound mor than
crop is reportesd the Wooloandt Cotto Re
under 3,00 0 pounds portere. Laset year the receipts hernotwithstaiide up to Jun
Local wool buyers say that
medium grades price Th
brancheandoare agriculturatheir Industry Fo
mixed and heavy hogs, common to fair the firsrt time in over fifty years the merino
quality, are quotable from $4.75 to $4.85. and i
been narrowing for the last year and the de
cllne of 6c In merinos since February has re
versed the usual position of prices,
CHICAGO COUNTRY HIDES.
GRAIN MEN WANT
DELAYED SETTLEMENTS MEN-
Minneapoli Firms Have Bee Lendin
ACE CREDIT SYSTEM.
While the demand is not so urgent the less
ened receipts and limited offerings In this and
other markets has caused a firmer feeling and
fractional advances. This advance has been and"then 'thirty more"on" a"plea "of
somewhat retarded by the dull condition of the
leather market nevertheless the law of supply
and demand governs, and values are strong in
consequence, says the Shoe and Leather Re-
skins, and even that has not -suffered any hiate
No. 1 steers, free of brands and grubs, 60 lbe
and up, hold steady at 9%c, with sales on thati
basis. The demand is not urgent, but receipts
are falling off and dealers think they will be
able to move the few on hand without much dif
No. 1 cows, free of brands and\grubs, 50 lbs
and up, are gradually coming into better demand,
as sales were made at the close of last week and
the opening of the present aggregating at least
four cars at 8%@7%c, the latter for No. 2.
Some of these sales were for separate grades
and others for mixed lots. The market is now
firm on that basis.
Branded steers and cows are In limited offer
ings and fairly firm. Desirable lots have been
picked up on the basis of 9c for steers and 8cwill
for cows. Some trimmed California cows averag
ing about 54 lbs are held at 9c flat.
No. 1 buffs, free of brands and grubs, 40 to
60 lbs, have met with sales at 9c No. 2, 8c, in
sufficient quantities to establish the market on
that basis. We hear reports of sales being made
at outside points at figures that would preclude
of any profit being made by dealers at these
No. 1 extremes, 25 to 40 lbs. are in good de
mand. Choice hides are quotable at 8%@9%c,
but long haired, grubby stock would not bring
over 8%@8%c in fact, there Is not much call.
Bulls are only selling in a small way, as there
are not many coming in. Quotations are nom
inal at 7%c and 6%c.
No. 1 kips, 15 to 25 lbs, would readily bring
10%c for desirable stock, but inferior gradee
sell at 9%@10c.
No. 1 calfskins, 8 to 15 lbs, are only barely
steady. One city collector is reported to have
sold between 10,000 and 15.000 of the first half
of June salting, at 13&c. This figure is now re
garded as a full price, 5,000 good outside city
skins having sold at 13%c. Country skins are
held at 12%@18c, but the former figure is nearer
the market in fact, one lot of not very desira
ble skins sold at 12%c. Deacons are still
wanted. One lot of mixed conntry stock sold at
65c and 85c, but more desirable collections bring
2%c higher. Slunks continue active at 67%c for
packers and 40c for countries.
JHogsklnsThe market has been pretty well
cleaned up by local tanners at a range of 22%
Horsehldes continue in good demand, with salei
ranging from $3.65 to $3.7214.
Millions on Policies Covering Stored
Grain They Feel that Some
Recent Cases Have Worked Hard-
ship to Innocent Policy Holders.
Refusal on the part of four Are In
surance companies to pay losses, in
curred by the destruction of the plant
of the Farmers' Independent Elevator
Co., at Denbigh, N. D., on Dec.
12, last, has brought to the front a
question of great importance to the
grain trade. The right of an innocent
holder of a policy assigned to him by
the original insurer, to collect, against
the right of an insurance company to
protest payment upon suspicion of an
unjust claim, and the possible effect
upon credits in the northwest of any
thing tending to cast the shadow of
doubt upon the ability of a lender to
realize readily upon an assigned
policy, are considerations embraced in
the main question.
Vast sums are loaned in the north
west upon grain in store, and it is
probably not exaggeration to place the
total loans outstanding from Minne
apolis and Duluth, during the height
of the grain movement at close to
$10,000,000, a great part of it secured
by assignment of insurance covering
the grain on which the money is ad
Some Cases of Delay.
Two years ago this question arose:
elevator at Wentworth, S. D., was
destroyed. It was found that the
owner had borrowed about $5,000
from the McCaull-Webster company
of Minneapolis, and as security had
made over and surrendered the poli
cies'to that firm. John L. McCaull for
his firm and Otto Greeley for the in
surance companies, adjusted the loss.
companies, having sixty days in
which to settle, offered an immediate
settlement subject to discount at the
rate of 6 per cent per annum, but the
McCaull-Webster company, not being
in need of money, was content to
await expiration of the legal time
limit. During this sixty-day period
some evidence came to light tending to
show that previous to the fire, or
sometime therabout, some grain had
been shipped from the Wentworth
house, and on this ground payment
was delayed. Suit was brought, the
case tried here before Judge Pond.
The grain firm won. About a year ago
the John Miller company, had a loan
out on a house at Atwater, Minn. In
this instance assignment of policy was
made after the fire. On a contention
much the same as in the foregoing
payment was delayed. The loss
claimed amounted to about $4,000.
The companies offered $2,500. Suit
was brought. Just prior to the date
set for trial at Willmar, Minn., the in
surance companies compromised at
about $3,500, the John Miller company
having waited almost six months for
More recently a loss incurred by
Brothers at Webster, S. D.,
was the subject of some dispute, but is
understood to have been settled satis
The Edwards-Wood Case,
In the case now commanding at
tention in the grain trade, the Farm
ers' Independent Elevator company of
made assignment of policies
to the grain firm of Edwards, Wood &
Co. of Minneapolis, St. Paul and Du
luth. The companies involved are the
Pennsylvania Fire Insurance company,
Hartford Insurance company of
North America, and Liverpool and
London and Globe Insurance Co.
After the fire of Dec. 12, 1903, proofs
of loss were forwarded, but Edwards,
Wood Co. have not yet received set
tlement. Suit has been brought in
North Dakota and the case will come
up for a trial next fall, probably at
Grand Forks. The outcome will be
with much interest.
A Menace to Credit.
Grain men contend that any ten
dency on the part of the insurance
companies to make the collection of
losses on grain and elevator risks slow
and difficult will prove exceedingly
detrimental to the trade. They de
clare that the companies seem inclined
frequently to delay payment for the
full sixty days and then to interpose
obstacles to collection. It is
not, of course, contended that the
companies should settle promptly
when there is suspicion of fraud, even
tho the assignee of the policy is an
innocent sufferer by the delay. On
the other hand the companies declare
that to settle without question in
every case, whether assured that the
loss is an honest one or not. would
be a very poor business policy, even
if the grain trade system of credit suf
In the Denbigh case, M. H. Boutelle,
as attorney for the companies, de
clares that after thoro investigation
they have decided to withstand suit.
He declines to "give away" his case by
revealing the evidence at this time.
On the other hand, the Edwards-Wood
company, which is the innocent suf
ferer by the delay, declares that a
member of the firm investigated the
elevator in question only two weeks
before the fire and found its store of
grain intanct. The fact that the salvage
was small is explained by the fact that
the fire burned for two weeks with a
North Dakota gale blowing all the
time, and that this caused the grain
to be almost entirely consumed. The
grain firm complains that the insur
ance people took the full sixty days
before giving an answer to the claim
further investigation. This delay was
sufficient to throw the trial of the
case over till next fall and keep the
firm out of its money for a full year.
The facts will develop in the trial
and the dispute is of interest now
chiefly for the light it throws on senti
ment in the grain trade as to insur
ance methods. If money loaned on
grain is to be tied UD for a year at
a time in this way, grain men say the
effect on credit will be extensive and
unfavorable. What they want is
quick action and a settlement either
in or out of court without delay. The
insurance men say they must go slow
in suspicious cases and that they are
as anxious for business as anyone and
do nothing to affect it unfavor
ably that is not necessary.
NEW YORK BANK STATEMENT.
New York, June 18.The statement of av
erages of the clearins house banks of this city
for the week shows: Loans, $1,049,689,800, in
crease $7,596,500: deposits, $1,122,012,500, in
crease $12,781,300 circulation $38,758,006, in
crease $664,800 legal tenders. $83.00S,700, in
crease $1,779,000 specie. $236,366,300, increase
$4,723,800 reserve, $319,873,000. increase $6,502,-
800 reserve required, $280,503,125, increase
$3,195,325 surplus, $3$,869,875, increase $3,307.-
475. Ex United States deposits $44,725,050, In
The World's Fair and How to Get
The Minneapolis & St. Louis Rail
road has these advantages:
Two trains a day. ,?WJ"$
An eighteen-hour schedule. M'\^
Dining Cars serving all meals.
Lands you at the gates of the B*a1r.
Reduced rate tickets.
Its rates are no higher, but its serv
ice is much better than that of any
For a free map and guide to the
Pair, or other information, call or
write to J. G. Rickel, 424 Nicollet
avenue, Minnea/jglis, jff ds&
SIOUX CITY HOGS
ON THE INCREASE
ALMOST 30,000 RECEIVED THRU
to the South Dakota Ranges.
SPECULATION AT SEA.
STOCK QUOTATIONS BY MARCONI WIRE
It was on June 5 that the first mid-ocean
Marconi newspaper was published.
Not only foreshadowing a complete change in
the system of news transmission, the reception
of the 750 copies of the daily paper indicates
that when In the near future a transmitting ap
paratus Is Installed of equal power, each steam
er will become so linked with the shores that
banking, buying and selling, speculating on the
races and In the stocks will become general
Already the Marconi company has arranged to
receive market quotations from the United States
and England. As soon as the powerful trans
mitter is installed each ship will be equipped
with larger offices for the reception of tele
grams to the shore. Such messages will be sent
hourly. It is even possible that a stock ex
change, with traveling brokers, will be started
on some of the ships as. an annex to the ex
changes In London and New York. The cashing
and sending of drafts by wireless Is already
common on the Cunard lines.
KANSAS CITY GRAIN, June 18.Close-:
WheatSteadv Julv. 74% September, 7^(f
70%c, December, 70%@70%c cash No. 2 hard,
89@90c No. 3, 86@87c, No. 2 red, $email@example.com
No. 3, 05@99c. CornSteady July, 45^4c Sep
tember, 43%c December, 38%c cash No. 2
mixed. 50@5lc No. .J. firstname.lastname@example.org No. 2 white,
50%@51c, No. 3, 49%@50c. OatsNo. 2 white,
42@43c No. 2 mii.ed, 41c.
MILWAUKEE GRAIN AND FLOUR, June 18.
Flour, dull. Wheat, %c lower No. 1 north
ern, 98c No. 2 northern, 95H@96^c old July,
85@85%c bid. Rye, weak No. 1, 70Sj72c Bar
ley, dull No. 2, 63c sample, 36@58%c Oate.
dull standard, 42%@43c. Corn, lower No.
3, 4S@49c, July, 48c asked.
WheatPuts, 84%c bid calls, 85%e bid.
CornPuts, 47%c bid calls. 48&C Md,
THE WEEK, ^^a
Cattle Buyers Draw a Wider Margin
Between Dry-Fed and Grassy Stock
Many Cattle Pass Thru in Transit
Sioux City Stock Yards, June 18.Re-
ceipts of cattle for the week were liberal
and a total of 11,500 head were unloaded
at this point, but the bulk of the supply
were southerns In course of transit to the
Dakota ranges and points in Canada. Th
cattle actually for sale at this market ran
close to 3,000 head, or 900 head less than
were actually on sale last week. The1"
stocker market has shown little or no
change in conditions quoted at the close
of last week and values were generally
steady at the decline of 26c and 50c lower
than the high day of Monday of last week,
which was the high point of the season.
There has been a fairly good tone to the)
trade and quite a few buyers have taken
advanta ge of the low prices and have
bought cattle to put on grass, i Th stock
er demand is practically over for this sea
son and the trade from now on will be*-'^
light until the fall run commences. A few ^"2
stockers sold up to the $4 mark, but the
bulk of the cattle were in yearlings and
of only fair quality, selling from $3 to
$3.50. Common steers of all weights were
a drug on the market at $2.50. Th stock
heifer market has suffered more than the
steers, and with sales at $2 and $2.50, is
slow at the extreme decline. Th deal
ers have made a fairly good clearance this
week and very few cattle are in the pens
to be fed over Sunday. Light receipts are
looked forth coming week and if the
quality is good values may be maintained.
The fat cattle market has been very
satisfactory, but the packers have been
drawing a wide margin between the strict
ly good dry fed cattle and the common
stuff on the grassy order. While the beeves
marketed and sold at $5.50@6 and the
butcher stock at $3.75@5, sold at an ad
vance this week of 10@15c. The inferior
steer stuff and canners and grassy cows
have shown no quotable change and, in
fact, cows of this class are no higher than
they have been forth past six weeks,
selling from $1.50 to $3. The packers have
been eager for the dry fed cattle and
could have used more had they been on
HogsThe hog run forth week shows
an increase of 600 and with close to 30,000
on hand, the tendency of the market has
been upward. Closing quotations forth
week are fully a dime higher th an the
close of last week. Th quality of the
hogs now arriving is dej|3rIorating and is
not so good as when the heavy rains of
last month were being received.
Hogs, oc higher. Sales: 63, 230 lbs, $4.75
60, 300 lbs, $5.
Cattle, steady. Sales: 14 beeves, 1,040, $5
6 beeves, 1,230 lbs. $5.50 18 beeves, 1,280 lbs,
$5.95 10 cows, 800 lbs, $8 7 cows, 940 lbs.
$3.75, 7 cows, 1,040 lbs, $4.85 10 stockers, 740
lbs, $3.25 7 stockers, 890 lbs, $3.65 4 stockws,
1,050 lbs, $4 8 yearlings, 340 lbs. $3 7 year
lings,, 490 lbs, $3.40 8 yearlings, 540 lbs, $3.85.
CATTLE RATE DISPUTE
RAILROADS WOULD RAISE TARIFFS IF POS-
The announcement by prominent railroad men
in their testimony before the interstate com
merce commission at St. Louis last week that
they considered live stock lates too low and
that they were seriously trying to reach an
agreement to advance them, and had been try
ing for some time, will be rather startling news
to the stockmen in the west, who have beeu
laboring under the idea that rates were already
too high, says the Denver Record-Stockman.
It is the opinion of those best posted in re
gard to the situation that while tie railroads are
In earnest in this matter they will not attempt
to raise the rates while the investigation is pend
ing before the interstate commerce commission,
but It is verj evident from the testimony that
but for the suit brought by the Texas Cattle
Raisers' association early in the year- there
would have been an, advance before this. The
railroads seem to feel confident that they will
be able to prove to the commission that the
rates they are charging for transporting live
stock Instead of being too high are really too
low, but it is very doubtful if their arguments
will hold water when analyzed. Some of the
traffic men testify that thej do not care for the
business at present rates and only take it be
cause It comes to them but in the next breath
they admit having solicitors out after this busi
ness, and all are afraid to advance rates without
agreement, for fear that the business will go
to the line having the lowest rates.
Notwithstanding all the elaborate statistics
prepared by the railroads to show that the live
stock business is unprofitable to them, it is
claimed by the cattlemen th.it they will be able
to prove that the business ia proatable and that
in many instances the latts are really higher
than they should be.
The interstate commerce commission Is mak
ing a thoro investigation and Is securing evi
dence from the railroads of the greatest value,
evidence that the railroads have heretofore
claimed that it was Impossible to obtain. While
the time of the hearing in Denver has not yet
been fixed, it is believed that it will be held
some time in September.
It is a safe proposition that as long as the
cattlemen 'are organized and are looking after
their own business there is little chance of the
railroads attempting to advance rates at pres
The World's Fair and How to Gel
The Minneapolis & St. Louis Rail
road has these advantages:.
Two trains a day. Ss
An eighteen-hour schedule.
Dining Cars serving all meals.
Lands you at the gates of the Fair.
Reduced rate tickets.
Its rates are no higher, but its serv
ice is much better than that of any
For a free map and guide to the
Fair, or other information, call or
write to J. G. Rickel, 424 Nicollet
Attention Democrats. i*v*
The Hearst club has selected tho
Northern Pacific train leaving Min
neapolis at 10:30 p. m., Tuesday, June
21st, as one of the official trains to
Duluth. All delegates who can get
away at that time are requested to go
on that train. Other Northern Pacific
trains leave Minneapolis at 8:15' a.
m. and 2:00 p. m., arriving at Duluth
at 2: p. m. and 7:00 .m.
Report either at Hearst club head
quarters or at the Northern Pacific
City Ticket Office. Signed, W. H. Wil
liams, Chairman Hearst Club.
Does your roof leak? We can stop
it. Both phones 376. W. S. Nott