OCR Interpretation

The Minneapolis journal. (Minneapolis, Minn.) 1888-1939, May 20, 1905, Image 17

Image and text provided by Minnesota Historical Society; Saint Paul, MN

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045366/1905-05-20/ed-1/seq-17/

What is OCR?

Thumbnail for 17

Eggs Hold to a Steady BasisCheese
Continues to Sag on Standard Makes
Poultry Steady and Veal Bringing
Slightly Better FiguresState Fish
Are in Light ArrivalStrawberries
Scarce First of the Week.
The summer season on butter has opened The
toake Is showing heavily as to volume, while
fiere Is the genuine grass flavor noticeable on
most of the stock coming and especially well
developed on shipments from the southern part
of the state. The reduction of price on extras
down to 20 cents has caused a big Increase in
the demand, otherwise there would have been
a serious accumulation to report todny But gen
eral conditions eeem to be satisfactory, and
6ome in the trade who predicted the decline
would go to at least IS cents on the Minne
apolis market are not BO Bure of it now. The
demand for storage will not show much strength
for at least ten days yet and values may get a
trifle top-heavv in the meantime, but sharp de
clines seem improbable. Low grades are more
likely to ease off in price than tops, as pack
ing stock should be worth above 11 to 12 cents,
with oieamery extras at 20 cents Users of
t'.esp low giades are not active buyers at pres
ent, and will undoubtedly hold back until quo
tations reach a point more to their liking
Outside of the fact that current receipts of
enga ntc showing a heavier shrinkage, the mar
ket lacks in features. Arrivals the coming
week are likely to show an abnormally large
proportion of dirties, owing to the continued wet
weather, and quotations may go some lower to
piotect the buyer against rots and dirties, which
nre sure to increase from now on among cur
ltnt receipts
Cheese is lower on all makes. Cured goods
are virtually cleaned up, and new makes are
In control of the situation. With the make and
receipts constantly increasing, while the de
mand averages lighter. It Is quite probable that
Btlll lower figures can be looked for. All grades
of new are now quoted fully 4 cents per pound
higher than same date a year ago, so that a
considerable decline can still take place without
leading makers to believe that cheese prices
have gone to the eternal bow-wows
No price changes of importance have de
veloped on poultry. Demand equals arrivals
light along, and values thus hold to a steady
basis. Some improvement in tone Is noticeable
on veal, with a slightly higher range No. 1
stock goes out quite readily, but other grades
need urging. Mutton and lambs show no changes.
Not enough dressed hogs are coming to make a
dependable market.
Strawberries have been a disturbing factor In
the fruit situation all the week. Not enough
Btock arrived the first of the week to fill or
ders, owing to wet weather In growing dis
tricts, and many orders had to go over un
titled Plenty of good stock Is looked for next
week, but some higher figures promise to rule,
altho they will not go over $3 per case, and
probably under that figure The orange list has
been added to by St. Michaels, and this makes
the market well supplied on the range of sizes
if the buyer is Mot too particular as to variety.
The first consignment of sunshine on Thursday
developed more strength to lemons, and quota
tions are 25 cents per box higher on California
stock. Graoe fruit Is reduced to coast grown,
Florida stock being all cleaned up. Apples are
firm. Pineapples show a good range of sizes
and moderate princes. Values are not likely to
go as low as a year ago, as the Florida crop is
very light and will mostly go to near home mar
kets. California cherries are higher and scarce.
Local dealers have about given up expecting
any carlot shipments to this point.
A big trade Is being done in old and new
vegetables. Prices are on a descending scale
on new.
Official Quotations of the Minneapolis
Produce Exchange, Corrected up to 12 m..
Saturday. May 20.
BUTTER.Receipts yesterday, 26,917 pounds.
Creameries* ettra, 19e, creameries, firsts, 17c
creameries, seconds, 15c, dairies, extras. 17c,
dairies, firsts, 15c dairies, seconds, 14e
ladles, firsts, 15c: ladles, seconds, 14c reno
vated, extras, 16c packing stock, fresh, sweet,
EGGSReceipts yesterday 1,671 cases. Cur
rent receipts. No. 1, case count, case, $4.40
current receipts. No 1. candled, doz, 15c, dir
ties candled, case, $3.55 checks, candled, case,
$3 35.
CHEESETwins or flats, fancy, 13%c twins
or flats choice, lie twins or flats, fair to
goood, 8c, Young Americas, fancy in quality
and regular in stvle, 14c Young Americas,
choice, lie, brick, No. 1. 18c: brick. No 2,
W brick. No 3. 5c llmbnrger No. 1, 14%c
rimost No. 1, 8%J79c Swiss, fan loaf 15*^
Swiss fancy block, 155 l6c, Swiss, choice
block 11 f??12c
VEGETABLESAsparagus. 1-3 bu crate,
$150 beans, string, bu, $2 50, beans, wax,
2-3 bu. $2 beets, bu, $40c beets, do/
bur cues. [email protected]$l, celery. Florida, crate, $4*
caullflcwei. doz. R2.25 cucumbers, doz. $1 egg
plant. [email protected] garlic [email protected] lettuce leaf, 3oc,
lettuce, head doz, 85c mint, doz, 40c, onions,
greeu. dor bunches, 15c, pes, green, bu, $2 25,
parsley, doy, 30c parsnips, bu 40c, peppers,
gieen. six basket crate, $4 radishes, round, doz
bunches, 30c, rtubarb. 40-lb box, 75c. squashes,
summer doz, 73JJ$1 spinach, bu. 25c toma
toes Florida sir basket crates. $2 50.
HONEYExtra fancy white, 1-1 bsectlons,
12c, fancv white, 1-lb sections, lie: choice
white, 1-lb sections, 9c amber, 9c golderrod
9c extracted In cans. 8%c extracted
amber, in etna1.white,
FISHPike, 7tfr8c pickerel, 4%@5c crap
ples, [email protected] buffalo and carp, [email protected] bullheads
and redhorse, 2c.
CABBAGENew California, 100 lbs, $2, new
southern, crate, $2.75 old, 100 lbs, $1 50.
Saturday Evening-
BEANSQuotations include sacks- Fancy navy,
bn, $2, choice navy, [email protected], medium navy,
handpicked, [email protected] medium navy. fair.
$1,25 medium navy, ml\ed and dirty, 6op75f
brown, fancy, $1 brown fair to good, $1.50
LIVE POULTRYYearling roosters, lie
hens, 12^@13e, broilers, 1*4 to 2 lbs each,
doz, [email protected], old roosters, [email protected] ducks, [email protected]
geese, 8c turkejs, 15e.
DRESSED POULTRY (undrawn) Turkeys,
choic to fanc\, [email protected] culls, 10(3
chkkeiis hens andturkeys, jeaihu roosters)
choice to fancv, lKfflS^e old roosters and
culls. 68c, ducks, [email protected]: geese, [email protected]
PIGEONSTame, live, young and old, doz,
[email protected], dead, [email protected] squabs, nesters, fancy
selected, live or dead, $1 [email protected] 75 small, poor
and thin, unsalable.
ORANGESNavels, $2 [email protected] Mediterranean
Sweets, !$2 75Sari0 seedlings, $3ja: 25.
LEMON'SCalifornia, fancy, ?3 20 choice,
$3: Messinas, $3 50!??:3.75.
GRAPE FRUITCalifornia, ?8.
RAXAV ^SJumbo bunches, $2 [email protected]' large
bunches, $2 25ft? 2 50, medium bunches $2(S2 25
DRIED PEASYellow, fanc bu $1.40 yel
low, medium. $140, gieen, fancy, $2.85 green,
medium. $1.10 marrowfat, $2
ONIONSDry, 100 lbs, $2.05 Spanish, crate,
$2 50, Bermudas, $2 southern, bu, $125.
PINEAPPLES24s and 30s, crate. $2.75
3 50
CHERRIESBo\, $2 50.
STRAWBERRIES24 qt cases, $2.75.
DRESSED MEATSVeal, fancv, lb, G%c
veal, fair to good [email protected]%c veal, small or over
weight, 4c, mutton, fancy, pelts on, 15c
lambs, milk, choice, pelts on, 12014c lambs,
thlu and poor unsalable: hogs. 6(b,(J\aC
FROG LEGSLarge, doz. 9?10c medium, 4
POTATOESBurbanks and Burals, carlots,
sacked, bu. 25c, red stock, carlots, sacked, [email protected]
25c, small lots, 5c more bulk, 5c less, new,
bu, $1 50.
APPLESBen Davis. $3 [email protected] Baldwins,
$4.50, Russets, $4 50, Ben Davis, box, $1.75.
CHICAGO PRODUCE, May 20Butter steady
creameries. [email protected], dairies, 16(I19c Eggs firm
at mark, cases included, [email protected] Cheese
weak daisies lKVJll^C twins, lie, Young
Americas [email protected] 5 Poultry, alive weak tur
keys, 14?M5c chickens. 13c, springs. 1-lb aver
age, [email protected] 50. li.j((tl%-lb average, [email protected] 50 Po
tatoes fum. Burbanks [email protected], Rurnls, [email protected]
new, brls. steady Louisiana $2 25 2 50 Flor
ida $361, 23, Alabama, $,[email protected] Veal weak
43/[email protected]
firm, family, $13 50(314, mesa, [email protected] 50
packet, $12 [email protected] Pork, steady mess
$13 [email protected] 1S 87V. family, [email protected] short
clear, $13U1 Lard, quiet, punie western
steam, $7 [email protected] 45
vance lnthe price of live hogs created a firm tone
in the previsions market. Packers were moder
ate purchasers. July pork opened [email protected] high
er at $12 65 and sold up to $12 70 Lard was up
a shade to 2i'[email protected] at $7.35 to $7 S7V. Ribs
were up 2M at $7 27^.
tlose Poik. May, $12 47% July, $12 67%.
September $12 87y2. Lard, May, $.725 July,
$7 37%, Septemberfl $7.55, October. $7.52%.
Ribs, May, $7.10, July, $7.27y September,
$7 52%.
Pendleton, May 20.This Is the third year
that buer for the big eastern wool firms have
endeavored to forestall the sales day system,
put in vogue In eastern Oregon about 1902 as a
means of Increasing competition among the pur
chasers, giving uniform grades of wool of a
uniform market standing and forcing the price
to the grower up as far as It would go. Sales
days the last two years have been a great moral
snores* in that the buyers had to pay the
raiseis who held out a good sttff price under
the sealed I id method. Weak kneed growers
who let go early were made to repent too
hasty action.
This year, however, high advance prices have
given buyers a firmer hold than ever, and the
contracts offered have been so flattering as to
whip into line a large percentage of the smaller
sheepmen and a goodly pioportion of the larger
ones. In Morrow county, where the clip to be
marketed will total about 3,000,000 pounds, half
has already been tied up.
Most of the wool in Lake county was con
tracted in the spring at 16% cents, buyers ad
vancing one-ttiird without receiving any Inter
est Seventeen and a half has been reported
for the Hauklns & Phelps clip of that county,
but this has been the highest paid In Lake.
In Morrow county from 18% to 19% cents was
paid for the better class of clips. In Shaniko,
perhaps the leading wool center of the state
where the tributary growers are principally men
who operate on a large scale, buyers have been
unable to tie up any considerable quantity, as
sheepmen have both means and Indication to
hold off until sales days. Much ot the Wallowa
clip has been contracted, while bargains are
being made freely in Gilliam, Sherman, Grant,
Uruitllln ard other sheep counties at 17 to 19
The big inducements wool conditions have en
abled buyers to offer have constituted a tempta
tion to sttmpedt that ihe smaller raisers of east
ern Oregon do not seem to 'have been able to
The statement of averages of the clearing-house
banks of this city for the week shows: Loans
$1,120,425,800. Increase $20,709,900 deposits
$1 165,151,700, Increase $14,932,000 circulation
$45.308 300, increase $609,800. legal tenders -$84,-
333,700 decrease $45,500, specie $215 374,200, de
Crease $4,474,100 -eserv $299,507,900, decrease
$4 759,600, reserve required $291 2S7.925, in
crease $3,733 0C0: surplus $8 219,975, decrease
$8,492,600, except United States deposits $11-
507,625, decrease $9,138,500.
ReceivedMilwaukee, 34, Omaha, 24 St
Louis, 17, Great Northern. 76 Burlington, 2
Sooo, 10.
ShippedMilwaukee. 11: Omaha, 14 St. Louis
4 Great Northern, 3.
NEW YORK OIL, May 20.Petroleum, easy
refined, all ports, 6 90(K.95c
The expiring fagots of the recent great bull market are in daily evidence
Today prices are legitimate tomorrow they are purely artificial. Can you read
the handwriting on the wall, and have you got the situation well in hand? Some
stocks are to have an advance, while others are due for another decline. Are
will inform you. Our past advices have proven so accurate, that no recom-
mendation !s needed for them. It is now ready. Write for it. It may prove to
be taking time by the forelock. CAUTION.
Avoid giving business to brokers who make a "Book" with your money
steal It outright, or want to plaoe It In worthlesss wild-cat securities. Do your
trading with those who use It as margins on your purchases of regular listed)
stocks, the certificates of which you can have at any time If wanted. We solicit
your account. READ THIS.
"We have information to the effect that one certain stock will be advanced
10 to 15 points before long. You should participate in it.
on margins, write us and we will explain the method. Agents wanted in all out
of town points. Liberal commissions paid. Best of bank references. Our opinion
given on any listed stock.
Telegraph. I Write firotllnfl TlntfC/laS & Co
Telephone. or call nB0n UOBglaS a WU. Brokers, I NEW YORK.
The Van Dusen-Harrington Co.
Grain Commission. MinneapolisDuluth
Trades in Futures Made By Our Expert.
Sold By Men of Long Experience.
PANY is the owner of valuable Mining Properties and Timber Land in
Kootenai county, on Lake Ponderay, Idaho, being only 24 miles from the
Panhandle Smelter at Sandpoint, Idaho.
DESCRIPTIONThe mining property above referred to consists of 14
Quartz Mining Claims located on continuous veina of high grade gold, cop-
per and silver shipping ore, some of the ore assaying as high as one thou-
sand dollars per ton in gold, silver and copper. The surface of said mining
claims is heavily timbered with fir and yello-w pine, which in'itself is worth
a fortune alone. The company also owns a town site situated on the bank
of Lake Ponderay, which adjoins their mining claims, which in the near
future will be valuable property, as there is sure to be a town where there
is so m^ich mineral wealth.
A critical examination of the property and the purposes of the company
is invited. This stock can be bought at the present time for ten cents per
share. When this crosscut tunnel reaches the ore you will be glad to pay
one dollar for it.
331 Boston Block.
Relatively Higher Prices Than in Any
Other Markets Country Buyers
Come in Early and Bid for the Choice
Stockers and Feeders, Making a
Livelier MarketSheep and Lambs
Strong, but Few Coming Ifi and Trade
South St. Paul, May 20.Receipts of live
stock at the South St. Paul market during the
first days of the week totaled 2,951 cattle, 1.43S
calves, 16,807 hogs, 715 sheen, as compared
with 3,082 cattle, 1,221 calves, 17,146 hogs and
1,160 bheep last week, and 2,385 cattle, 1,039
calves, 19,528 hogs and 616 sheep, for the cor
responding day last jear.
Cattle receipts have been very light, and
packers have been unable to secure enough beef
and butcher stuff to meet requirements. De
mand is strong for steer and cow stuff, but
shippers have held ~ff as much as they did last
week. There has been nothing well finished
on the market, and while good to choice steers
are quotable as hijrh as they were two or three
weeks ago, there was nothing good enough to
bring very high prices. Several bunches of
medium to good steers weighing around 1,100
and 1,800 pounds brought $5.25, while fair
kinds brtught from 75 to $5. Butcher cows
and belter-, h'ive tter strcug during the week,
and have sold up to $4 The common ones have
brought from $2.75 to $3.
Stockers and feeders, have been active and
sold strong to 25c higher. The supply was
light, and traders were unable to get enough to
fill orders During the first part of the week
there was a considerable number of country
buyers on the market, and frequent cases of
sharp competition. Reports from the country
indicate that there is a scarcity of stockers and
feeders, and the eagerness with which they are
sought after indicates that they are in strong
demand. Feeding bulls have been In demand,
and sold 25c higher.
The bog market was active during the week
on light receipts. Packers had a strong demand
for light hogs weighing from 130 to 180 pounds,
and were buying that kind at a premium. The
week opened with a drop of 10c In values, but
the decline was fully recovered in the two fol
lowing dijs when tucr were advances aggre
gated 20c. This market was positively the best
In the country during the week, especially for
light hogs, and the top here on Thursday was
higher than the top at any of the other mar
kets, and only 7%c below the top at Chicago.
Sheep receipts have been very light during
the week, and the market has ruled quiet.
Sheep and lambs were strong to 10c higher
the first part of the week, and at the close
are about steady with the close of last week.
Packers have been compelled to draw their sup
plies from feed lots. Shorn western ewes from
feed lots L-ive so'd at $4 84 and shorn west
ern ewes have sold at $4 60. Shorn native
lambs of fair to medium quality have sold at $6.
South S t. Paul, Minn., May 2.0Estimated
receipts at the Union stockyards today. Cattle,
900 calves. 25, hogs, 2,900 horses, 5 cars, 81.
The following table shows the receipts from
Jan. 1, 1905, to date, as compared with the
same period in 1904:
Year. Cattle. Calves Hogs. Sheep. Cars.
1905 97,134 17,911 385,707 191.480 3,935
1904 59,494 13,2b3 418,003 2*3,S70 8,444
Inc 37,640 4,648 891
Deo 27,296 25 300
Railroads entering the yards reported receipt?
for the day bj loads as follows: Chicago Great
"Western, 3 Chicago, Milwaukee & St. Paul, 10
Minneapolis & St. Louis. 8 Chicago, St. Paul,
Minneapolis & Omaha, 13 Great Northern 49
Chicago, Burlington & Quincy, 2j-Chicago, Rock
Island & Pacific, 1, total, 81.
Disposition of stocCattle. Friday, May 19:
Date May 12
Maj IS
May 15
May 16
May 17
Mav 18
Mav 19
and I 50 BROADWAY,
1 v~&.iJ W
2,593 Swift & Co
W. E. McCormick....
W Bronson
Slimmer & Thomas..
21 13
24 27
Mav 12 614
May 13 226
May 15 692
May 16 609
May 17 611
May 18 3l)9
May 19 314
304 Totals 433 2,593
The following table shows the receipts thus far
In May. as compared with the same period in
1904: Year. Cattle. Calves. Hogs. Sheep. Csrs.
1905* 10,291 3,755 46.669 8.195 1,013
1904 11,554 4,22 59*64 5.203 1,258
Dec. 1,263 537 13 195 2,008 205
Official receipts for the past week are as fol
lows: Date. Cattle Calves. Hogs Sheep. Cars.
3S9 8,327
69 2,176
107 2 870
541 3,387
374 2.797
101 3.147
131 2,054
328 305
Receipts, 200 market unchanged native
steers, [email protected] 2o southerns steers, $3.65
5 40, southern cows. [email protected] 50 native cows
and heifers, [email protected] stockers and feeders.
$3 [email protected]
HogsReceipts, 4,000 market strong to 5c
Mgher bulk of sales, [email protected] heavy, $5.30
@5.35 packers, $5 [email protected]% pigs and lights,
[email protected]
Sheep Receipts. 1.500 market nominally
steady sheep, [email protected] lambs, [email protected]
ceipts. 300 market steady good to prime steers,
$5 [email protected] 75 poor to medium. [email protected] stock
ers and feeders, $2 75Q5.25 cows, [email protected]
heifers, $2 50ffl5.25 -aa lers, [email protected] bulls,
$2 [email protected] waives, [email protected]
HogsReceipts, 10,000 Monday, 37,000 mar
ket [email protected]%c higher mixed and butchers, $5.30
@5 45 good to choice heavy, $5.355.45 rough
heavy. $5 [email protected] 45 rough heavy [email protected] light,
[email protected] bulk of sales, [email protected]
SheepReceipts, 2,000 sheep and lambs
steady good to choice wethers, shorn, [email protected]
5.25 fair to choice mixed, shorn. [email protected]
western sheep, shorn, $4'j5.25 western Iambs,
[email protected] native lambs, shorn, [email protected],50.
ceipts, 100 market unchanged native steers.
[email protected] cows and heifers. [email protected] west
ern 6teers, [email protected] canners, [email protected] stock
ers and feeders. [email protected] calves. $3(g6 bulls and
stags. [email protected]
HogsReceipts. 7,000 market 2%@5e higher:
heavy. [email protected] miked. [email protected]%: light.
$5 [email protected]5.25 pigs. [email protected] bulk of sales. [email protected]
SheepReceipts. 200-. market steady western
yearlings, shorn, [email protected] wethers. $4,50?B5
ewes, shorn. [email protected]: lambs, wooled. $6.75g
7.50 lambs, shorn. $5.75Gl6-5.
Slay 20.Barrett 6c Zimmerman report general
trade has maintained an even tone this week
for all commercial classes of horses. Saddlers
are selline well, with the opening of the park
season. Big drafters and farm horses are free
seUerg. Values: Drafters, extra. $16Og,220
drafters, caolce. [email protected] drafters, common to
good, [email protected] farm mares, extra. [email protected]:
farm mares, choice, [email protected] farm mares,
common to good, [email protected]
The Fat Cattle Market Not So Good
as the Stocker and Feeder Market
'Prices Suffered Decline, but This Was
Due in Some Part to Poorer General
Quality of the OfferingsHog Re
ceipts Run Lighter Than Expected,
but the Trade Looks for Liberal Re
ceipts Before Long.
Siou\ City Stockyards, Sioux City, Iowa, May
20.Receipts of cattle this week comprised a
big run of southerns that 'were in course of
transit and close to 10,000 head have passed
thiu this point, stopping over to feed and
water. The actual receipts on sale foot up
4,400 head, or 1,000 head more than last week.
This increase was largely in stockers. The open
ing trade last Monday started out with a brisk
demand at prices fully 15c higher than the
average market of last week and [email protected] higher
than the low time of the close of last week.
Trade ruled active at the advance and dealers
cleaned up the supply at an early hour. The
bulk of the week's marketing was received Mon
day, and the maiket later lost a good share
of the advance, but the decline came on days
of very light receipts. Dealers have made a
good clearance, and'there are very few cattle
in the yards at the close of the week. The
condition of the trade the past week would
indicate that the demand for stoeker cattle in
large numbers was about over. Those in the
trade predict moderate receipts from now on,
and look for lower prices on all grades with
the exception of the strictly good stockers
and long yearlings. Corn-plantin has been
badly delayed thruout this section of the coun^
tiy on account of the rains, and there will
probably be some increased demand for cattle
when the farmers are thru.
The fat cattle market has been in a poor
condition, and values lower thru the week.
Packers have been bearish and indifferent as
to whether they bought or not. The trade has
been extremely uneven and opinions vnry rela
tive to closing quotations ,of the week. While
sellers in cases were quoting prices 25c lower
than Friday last, others were inclined to give
the market a decline of [email protected] lower, with
the bulk of the break on steers. The grade
of cattle received this week has not been good,
and the low prices received look worse than
they really are, taking quality into considera
HogsThe receipts were lighter than gener
allv expected, and with 20,000 on sale, ran
2 000 less than last week. The market opened
Monday with a 10c decline, but this was more
than recovered later, and on Thursday hogs
were selling at an average of $5.27%, which
was the high point of the week and 15c higher
than Monday. A severe break on the closing
davs of the week brought values down again
very cloBe to Monday's average. Liberal re
ceipts are looked for In the near future when
buyers predict that hogs will sell around the
$5 mark, and there will posssibly be days of
big runs when a still further break may be
realized. At the present time hogs rttoged
from $5.10 to $5.20, with the bulk of the sales
at $5.15 to $5 20.
ReceiptsHogs, 3,600 cattle, 300.
HogsStrong Sales: 60, 210 lbs. $5.20 70,
248 lbs, $5 22% 60 280 lbs, 15-25
CattleSteady Sales: Beeves14, 1,148
lbs, 4$.65 17, 1.198 lbs, $5.10 12 1,230 lbs,
$5.50. Cows and Heifers3. 700 lbs, $3 8,
870 lbs, $3.75 10. 1,104 lbs, $4.50. Stockers
and Feeders8, 760 lbs, $3.25 8, 800 lbs, $4
9 790 lbs, $4.50. Calves and Yearlings8, 230
lbs, $3.10 9, 780 lbs. $3.85 8, 660 lbs, $4.30.
Receipts, 300, including 200 Texans market for
natives strong, Te\ans steady beef steers, $3.50
@6.25 stockers and feeders, [email protected] cows
and heifers. [email protected] Texas steers, [email protected]
cowa and heifers, [email protected]
Av Wt. Av Cost. Price Range.
202 206 205 204
206 206
$5 28Vi
5 21%
5 12
5 18
5 27V2
5 32
5 21Va
$5 20 @5 40
5.10 (S5 30
5 05 @5 20
5 20 (f5 35
5 20 @5.45
5.10 @5 30
5c higher than yestei day's close. Re
ceipts fairly liberal Average quality fair to
good Light hogs still in special demand and
selling at premium. Price range $5.15 to $5.35
bulk, $5 20 to $5 30 light to fair to good quality
quoted $5.25 to $5.30 choice, $5.35 mixed, $5 20
to $5 25. heavy fair to good, $5.15 to $5.25,
choice, $5 30 compared with a week ago prices
are about in the same notch. Sales.
Hogs71, 148 lbs. $5.35. 66. 203 lbs. $5.30
134, 204 lbs, $5 30 74, 167 lbs, $5.30 61, 255
lbs, $5 30 58. 146 lbs, $5 25 18. 200 lbs, $5.25
88, 230 lbs. $5 20 20, 238 lbs, $5.15 30, 214
lbs, $5.15.
I'igs, Roughs and Underweights2, 450 lbs,
$4 90, 4, 310 lbs, 4 SO, 4, 437 lbs, $4.80.
Stags and Boars1 stag, 610 lbs, $4 2 stags,
565 lbs $3 75: 3 stags 340 lbs, $3.75.
CATTLEReceipts fairly liberal. Beef and
butcher stuff quoted steady for the week.
Stockers and feeders in demand, and selling
strong to 25c higher. Bulls and veals steady.
Milch cows steady.
Butcher SteersS, 1,090 lbs, $4 4, 1,190 lbs,
Butcher Cows and Heifers1, 1,135 lbs, $3.75
2, 1,060 lbs, $3 40
Cutters and earners1, 1,100 lbs, $2.50 1,
960 lbs, $2 25 1, S60 lbs, $2 1, 800 lbs, $2.
Veal Calves1, 120 lbs, $4.25 12. 120 lbs. $4.
Stock and Feeding Steers4, 1,052 lbs, $2 3,
1,090 lbs. $4 2, 580 lbs, $3.50: 5, 360 lbs, $3.
Stock Cows and Heifers4, 290 lbs, $2.25 11,
852 lbs, $2.10.
Milch Cows and Springers1 cow,,l calf, $32
cow, 1 calf. $25
SHEEPNo receipts. Prices generally steady
with last week's close. Good sheep and lambs
in demand. Packers during the week have
drawn supplies from local feed lots. No sales.
Among the shippers on the market were:
D. Forest, (Jonrad, Mont. N. J. Billenberg, Ana
conda, F. E. Vassan, Willow City, N. D.. J. M.
Cook. Willow City, N. D. W. Brothers, St.
Bonifacius, G. O Lee. Medford M. Klnssella,
Millville, P. Kaye, Maiden Rock: Cosgrove
Company, Le Sueur F. Otterbeck, Vernon Cen
ter C. Bauer. Mortgomery Bank of Mantor
ville, n'inttEville: G. Vv. Eastman, Elkton.
HogsReceipts, 2,000 market 5c Mgber p'/s
and lights, [email protected] 40 packers, [email protected]
butchers and best .heavy, [email protected]
SheepNone on sale.
ReceivedWheat. 200 cars. 184,000 bu corn,
8,560 bn oats, 47,190 bu: barley, 4.800 bu rye,
2 040 bu flax, 1,800 bu flour, 880 brls mill
stuffs. 15 tons hay, 70 tons carlots, 11.
ShippedWheat, 86 ears, 88,840 bu oats,
18,48 Obu barley, 9.440 bu rye. 2.610 flour,
30 807 brls millstuffs, 1,195 tons: Unseed oil,
180,000 gals oil cake. 00,000 lbs carlots, 18.
HidesThe market is quieter i nChicago, but
6teady here at last Week's advanced prices. Calf
skins Vtc lower.
Tallow dull and %c lower In Chicago. Prices
likelv to be reduced %c or %c here soon.
The wool laarket continues strong here, but
renorts from St. Louis say concessions have
been made %o lower than a few days previous,
and a good many think the top has beenreacbed
and prices are likely to ease off. There is
great diversity of opinion It Is quite evident
that if the war should cease prices would de
cline several cents per pound, for it is the war
that is taking off the surplus and causing the
unusual demand.
S. cured steer hides, over 60 lbs... 11 10
S. heaty cow hides, over 60 lbs 10 9
S. light hides, under 60 lbs 10 9
G. S. bulls, stags, oxen and work
G. S. long-haired kip, 8 to 25 lbs.... 9% 8J4
Veal kip, 15 to 25 lbs 10% 9%
Veal calves, 8 to 15 lbs, each 13 11%
Deacons, under 8 lbs, each 65 55
Green or frozen, less than G. S. cured.
Horse and mule hides, large, each $3.35 2.35
Horse and mule hides, medium, each.. 2.50 1.75
Horse and mule hides, small, each 1.60 1.10
Dry horse *nd mule hides, each 1.50 1.00
Indian handled, over 18 lbs 17%
Montana batcher hides, long trim,
heavy fl
Montana butcber hides, long trim,
light ...16&
Montana butcher hides, short trim,
heavy 18
Montana butcher Wdes, short trim,
light J7
Indian stretched 1
Montana calf, under 5 lbs .,...19
Montana kip, 6 to 12 lbs 16
Iowa, Minnesota, Dakota and Wiscon
sin hides 13 11%
Dry bull hides 12
Dakota and Wi&consin, under 5 lbs 17 15
Kips, 6 to 12 lbs 14 12%
Dry salted hides, all weights .12 10%
Unwashed, fine 10 @ZL
Unwashed, fine medium 20 @24
Unwashed, medium, to %-blood 24 @26
Unwashed, coarse 24 @26
Unwashed, burry, seedy, chaffy, me
or coarse 21 @28
Unwashed, broken lots, medium and
coarse 22 @24
Tallow, in cakes 4^4 8
Tallow, solid 4% 8%
Grease 3% 3%
Beeswax, yellow, No. 1, clean 29
Beeswax, dark 20 @23
Ginseng, dry, good to choice, all
sections, spring [email protected]
Seneca root, dry, good [email protected] 60
Seneca root, dry, poor 50 .60
Bear, black, brown or grizzly |7.75i
Bear, yearlings and cubs 2.00i
Beaver 3.00
Beaver, kits 2.00'
Cat, wild 65
Fisher 2.50'
Fox, black and silver (ray [email protected]
Fox, cross 8.00 12.00
Fox, red 2.00 4.25
Lynx 2.50 6.00
Marten, dark .^7 [email protected] 18.00
Marten, blown or pale 2.50 8.5V)
Mink, dark 2.50 4.50
Mink, brown 2.00 8.50
Muskrat, winter [email protected] .14
Muskrat, spring .07
Otter 5.75"
Raccoon Steak, black and short stripe .&0
Skunk, narrow and long stripe,.,. ,70
Skunk, broad stripe and white .45'
Weasels 20'
Wolf, timber 2.00i
Wolf, brush and prairie, cased 1.25'_
These skins sue tot prime or No, 1 skins No.
Adams Consolidated, 20 AUoa, 45 B*eeee, 25
Brunswick Consolidated. 01 Comstoek Tunnel,
08 Consolidated California 6 Virginia. 1T0
Horn Silver, 180 Iron Stiver, 82S Leadvllle
Consolidated. 03 Little Chief, 05 Ontario, 400
effered Ophir. 650 Phoenix. 02 Potosi. 07
Savage, 60 Sierra Nevada, 42 .Small Hopes,
25 Standard. 100 offered, -u
"If easier to follov tse races than it is to
get ahead of them.
Only a man with a good substantial inesoM
can afford to write poetry.
Doings of "Jake" Field .and the Other
Plungers on the Stock Exchange
The Waldorf-Astoria Clique and Its
Brokers Confident of a Slow, Steady
Rise, Barring Anything Calamitous
Gossip of the Week from the Eastern
Financial Center.
Special to The Journal.
New York, May 20 A prominent broker gives
the following recipe to beat the stock market
and it is an honest one too: "Whenever you
find that the public, which trades on margins
in the offices, is out of the market, buy your
self a few stocks and sit on them. Don't
take so many that you can't sit on them com
fortably, but take all you can afford to buy,
and then wait. I don't care what the condi
tions aie. We will assume, for example, that
there are no conditions. The Johnnies on the
floor will be on top of the market selling it
short. They prefer the short side because it's
cheaper to sell stocks than to buy them. They
can swing 5,000 shares on the short side where
they couldn't buy more than 500 if they had to
carry the stuff. Therefore you are likely to
need a lot of patience while the market strug
gles along in a professional rut, but you are
not going to get a bad break in prices with the
public out and all the stocks in the bands of
people who can afford to sit on them It is
merely a question of time until the public will
come back. Then when you find that brokers
are doing a big business and that their books
are crowded with margined accounts, sell out
your long stocks. When the public is loaded
up something will happen to break the market,
Just as when the public is out something will
happen to put it up."
People who are watching the securities mar
kets carefully are not at all upset over the
current hesitating tendency in speculation. They
see in the present speculative movements a
disposition on the part of the larger interests
to acquire stocks on all declines, unwillingness
at the moment on the part of the commission
house trader to make large commitments on
either side of the market and a disposition on
the part of the room traders to run to cover at
the slightest evidence of bull support. The ulti
mate tendency, barring really adverse develop
ments, ought to be in the direction of better
"Jake" FieldPlunger.
'Jacob Field has probably been the most con
spicuous figure on the floor of the Stock Ex
change during the past few days. The room
traders said it was "a Jake Field market,"
and during the lulls in the trading, various
stories regarding Field went around the room.
It Is related of Field that while at a dinner
party not long ago, the lady sitting next to him
in the course of conversation, asked:
"Mr. Field, are yon Interested in Balzac?"
"Not at all," answered the speculator, "I
never have anything to do with those curb se
The Goulds have been getting some hard
knocks of late. Time was when St. Paul and
the Gould issues were expected to move together,
as representing the activities of the "Standard
Oil party." As late as two years ago it was
not unusual to see this thing happen, bnt for
many months now the Gould Issues have been
left to drift utterly by themselves as far as
speculative activity in the market is concerned.
The cleavage was strikingly illustrated this
week when the Gould issues, depressed by the
exposure of personal differences among the mem
bra of the Gould financial group, which could
not be denied, were wholly unaffected by the
buoyancy of St. Paul. The remark that the
Gould-Ramsey matter was an outgrowth of
Equitable Life troubles was an obvious and
easy guess, and was made many times. At
present the connection is not quite clear, but
the idea is plausible enough to create the im
prsesion that the prestige of the Goulds in the
eastern railroad field Is seriously threatened.
Future of the Market.
With respect to the immediate future of the
market, no special change Is looked for by
the Waldorf-Astoria clique of brokers. They
seems to be general confidence and the prevail
ing opinion is that prices will move up slowly.
The position of the pools is one of the chief
points of interest In the existing situation. It
Is to them that the average market'-foUower
looks for a signal that operpations for the rise
bare been* resumed, for the tradition is that they
will not long be idle after weak speculative
accounts have been cleared away and those
banking interests which are most marketwise
inclined are willing to see higher prices. A
scarcity of stocks that seems at least to be
real Is cited as an indication that the market
cannot be depressed any more, that stocks will
not come out and that therefore the short side
is dangerous for any more than the quickest of
turns. Hence It Is asserted that if the pool
traders are to make any money they must assist
the advance.
For a brief period Wall street pretended to
be alarmed over the announcement that for the
first time since August, 1904, there had been
an increase in the stocks of iron carried by
the merchant furnaces, the theory being ad
vanced that the tide had turned in the iron
and steel trade. The increase amounted to
only 17,000 tons, and therefore, the setback
so far is of Insignificant proportions, especially
as the business has been moving along in the
last few months, equivalent to an annual pro
duction of 24,000,000 tons. The usual lull wiU
come during the summer months.
S S. Schroff.
Winnipeg, May 20.While crop damage re
ports were sending American markets skyward
the reverse was the case in Winnipeg. All
week long the reports from the growing crop
have been increasingly satisfactory, the weather
has been ideal, warm and brwlght with light
winds and the growth las been enormous and the
plants are tiborous and cover the ground well.
The low lands of the Bed river valley to the
east of Winnipeg have got too much moisture
and farming operations are somewhat delayed in
consequence, but with the exception of these two
small areas the country has had an abundance
of moisture, but not too much. Not for years
have prospects been better at this season. It
would indeed bo difficult to think ot more favor
able conditions for growing crops than at present
exist. The end of another week -will see the
finish of the seeding of coarse grains. Very early
in June the government crop bulletins wil lbe out
and the increase in seeded areas will then be
The outward movement of grain from Fort
William and Port Arthur is very light, being only
a little over half of the amount shipped in the
corresponding week of last year. Inspections are
steady bat below the standard of last year and
ther ear estill large quantities of wheat In farm
ers' hands. Receipts at Interior elevators ard
of the most meager character at this season.
May 20, 1905.
Omaha, May 20.The Milling and Grain News
today, sars: "Severe storms and heavy rains
in all sections of the country from a basis for
adverse reports concerning the growing crops.
The conditions promising an early crop bx the
southwest have been offset by unfavorable
weather, and new wheat is not expected on the
market in Oklahoma before July 1. Tennessee,
Illinois, Kentucky and Indiana report some
damage by heavy rains. Nebraska and Kan
sas anow the icost favorable conditions for
winter wheat. Hessian fly reports are not
prominent in this week's news. In the north
west warmer vreatlier is needed, bnt there are
no indications of retarded growta of spriag
wheat which Is of any importance.. Bains ere
beneficial in providing moisture to carry the
wheat thru a possibly dry season/*
2TCV TOBK XEXaXS, Mar 20_&ead and
copper quiet and unchanged.
Those lew words we find -on. a tombstone -repre
sent fame boiled down.
Some men can see beauty -whera others can't
locate it with mloroscqpeu
New York, May 20.Bradstreet's of today
says: "Adverse weather conditions were a lead
ing source of complaint this week, but clearing
skies, now reported tbruout a large area of the
country, i Id fair to 1 einforce existing optimistic
views as to late summer and tall trade. Cold or
rainy weather, except in a few sections, has
affected general triae further retarded an
already late corn and cotton planting season,
given rise to rather less optimistic winter wheat
crop reports and bullishly stimulated grain,
pork and cotton prices.
The great barometer of trade and industry, the
iron trade, is les* active for the cruder forms
despite price concessions, but the disposition in
usually well-informed quarters is to regard this
as an instance of the general breathing spell
which is noted in many lines of wholesale busi
ness. Demand for finished products remains
good as a whole places for shipbuilding, struc
tural metei-ia' and builders' hardware still in
a high degree active. The railroads are buy
ing freely of cars and other equipment.
Exports are close to the record for the sea
son, and some gain is noted In corn, which
may presage a turn in the tide of the grain
trade. Railway earnings continue exceptionally
good despite the smaller cereal movement, the
first quarter of 1905 showing a gain of 7 per
cent in net on a gross gain of 5 per cent. Nine
months of the fiscal year the returns have in
creased 7 per cent on a gross gain of 3 per
Weather conditions at the east have been
rather unfavorable to retail trade, but several
markets note special activity in wholesale dis
tribution. Eastern shoe shipments are 7 per
cent larger than at a year ago, and leather
orders for fall are in fair volume. High prices
for wool have caused further advances In some
lines of men's wear goods, notably worsteds at
New York.
New business in lumber Is reported rather
quieter at New York, but shipments on orders
already booked, ar very The Pacific
Business failures in the United States for the
week ending May 18 number 191 against 158
last week, 215 In the like week in 1904, 155
in 1908, 152 in 1902 and 192 in 1901. In Can
ada failures number 17 as against 18 last week
and 11 in this week a year ago.
Wheat, including flour exports for the week
ending May 18, are 1,512,550 bu against 899,-
355 last week, 1,225,763 this week last year,
5,293,373 in 1903 and 5,184,880 in 1902. From
July 1 to date the exports are 55,999,999 bu
against 124,877,060 last year, 149,688,031 in 1903
and 224,999,109 in 1902.
Corn exports for the week are 1,688,299 bu
against 1,525,299 last week, 118,837 a year ago,
1,914,186 in 1903 and 90,068 in 1002. From July
1 to date the exports of corn are 773,195,685 bu
against 49,697,443 in 1904 and 24,335,180 bu
in 1902.
ture, [email protected]% Allouez, 19%g.l9% Arcadian,
1% Bingham, [email protected] Calumet & Hecla, 640
650 Centennial, ir%@19% Copper Bange Con
solidated, 7% Daly West, 13}[email protected]: Domin
ion Coal, 75 asked Dominion Steel, 21 asked
Elm River, [email protected] Granby, 5%@5V, Guana
juato. 51,4 isle Bcyale, 19%@20% Mass. 7%@
8 Mayflower. [email protected] Mohawk, 48%@49 Old
Dominion, 24^^25 Osceola, 90%@91 Parrott,
[email protected]% Pfctenlx, [email protected]% Quincy, [email protected]
Rhode Island, 1%@2 Santa Fe. 1%@1%
Shannon Copper Company, 7% Swift & Co..
[email protected] Tamarack, [email protected] Tecumseh. 2%@
3 Trinity, 8^(818^ United Copper Company,
20%@2C% United States Mining, 30%@31
United States Oil. 104% Utah. 42K,@43 Vic
toria, 2%@3, Winona. 10% Wolverine, 108
109 Wyandot, [email protected]%.
Haritina Korotkevitch Reverenced, as
Heroine of Port Arthur Siege.
London Sphere.
Among the rank and file of the Rus
sian prisoners of war from Port Ar
thur the name of Haritina Korotke
vitch is reverenced as the heroine of
the siege. Twenty-seven years ago, she
accompanied her husband, a private in
the Thirteenth Rifle regiment, to Port
Arthur and got permission to don a pri
vate 'a uniform and to fight with the
others. With such gallantry and con
spicuous bravery did she take her part
that she received the complete set
(four) of the St. George's cross. To
ward the end of the siege she was with
her husband in the first fighting line
defending one of the forts, when a
Japanese shell literally blew her to
pieces. Her husband' was badly
wounded in the same engagement and
is now in the Red Cross hospital at
Matsuyama. The grief amongst the
soldiers when the news went round
that "Private" Haritina was dead
was intense nobody troubled much
when an ordinary soldier was killed.
Her fate ultimately inspired her com
Chicago 'Journal.
"Listen, my dear," said Mrs. Pettlgrew
Smythe. "have you any cards you coulaf ex
sorry," returned her friend, "but I
don't collect picture postcards."
"No, no, my dear. You don't understand.
Visiting cards, I mean."
"Visiting cards?"
"Certainly. For the card tray in the hall,
you know. I was noticing your collection just
now, and I should so like to get a bishop if
you've one you could exchange."
New York, May 20.A serious discussion I*
going on among leading members of the Stock
Exchange over a proposition to cut off all of the
exchanges in the country from the simultaneous
use of the quotations made on the exchange \fi
here. Because of these quotations being ae-^-l
cesslble within a few seconds after the trans
actions take place in New York, a great deal^
of business Is diverted from the New York
Stock Exchange, which otherwise would have
to be transacted thru out of town branches of
local houses. Now that the state has Imposed
a tax of $2 a hundred shares on all transactions
here, members of the Stock Exchange fear that
In order to avoid the tax a great deal of busi
ness will be transacted thru the Boston, Phila
delphia, Chicago and Pittsburg exchanges. By
cutting off quotations from these institutions it
would be impossible for these exchanges to fol
low closely the trend of values in New York,
with the result that the trading would be has
coastt lumber tradee reportsheavy. continued improve- I Dr. Darwin composed all his
Results Worth While Attained by Util
izing Them.
Boston Traveler.
With perseverance, the very odds and
ends of time may be worked up into
results of the greatest value. An hour
in every day withdrawn from frivolous
pursuits would, if profitably employed,
enable a person of ordinary capacity
to go far towards mastering a science.
It would make an ignorant man a well
informed in less than ten years.
Time should not be allowed to pass
without yielding fruits in the form of
something learned worthy of being
known, some good principle cultivated
or some good nabit strengthened. Dr.
Mason Good translated Lucretius while
riding in his carriage in the streets of
London, going the round of his patients.
works in the same waynearlye whil driving
about in his sulky from house to" house
in the country writing down his
thoughts on little scraps of paper which
he carried about him for the purpose.
Hale wrote his Contemplations''
while traveling on circuit. Dr. Burney
learned French and Italian while trav
eling on horseback from one musical
pupil to another in the course of his
profession. Kirke White learned Greek
while walking to and from a lawyer's
office and a man of eminent position
learned Latin and French while going
messages as an errand boy in the
The Public Believes in the Newspaper
Whose Opinion Is Wholly Its Own.
General Harrison Gray Otis of the Los
Angeles Times.
The general newspaper worthy of pub
lic confidence is in the very nature of
the case an independent journal. It
may espouse and voice party principles
without surrendering its individuality
or its independence. News tralrscends
in importance all personal views and
opinions, even the dissertations of
scholars and statesmen, and all mere
comment and disputation, come from
what source they may. In' other words,
facts are foremost in the daily record of
the current affairs of the world. His
tory cannot be written unless the record
is before the historian, no matter what
may be his ability. And the record of
these days is made up by vigilant and
reliable daily newspapers, in a land
where the press is free. The honest
and capable newspaper reporter
a strenuous worker for whom
I have real respect and the
sympathy that comes out of comrade
shipgoes before the historian, record
ing events de novo, "on the spot," in
the field, on the firing line, or in the
wide domain of discovery, invention,
science, education, religion, statesman
ship, manufactures, commercial con
quest, transportation by land and sea
in short, human achievement in all its
formsthe march of empire, the pro
gress of the world.
The daily newspaper is, therefore, the
chief present-time record book of the
human race and unless the future his
torian, ufc'able to make the proud boast,
all of which I saw and part of which
I was," can gain access to that record,
he cannot set down history aright he
cannot be trusted to merely write it
"out of his mind."
New York Sun.
"I don't care for him," Bald the young woman,
snapping her teeth together decidedly. "He's
one of those men that match."
"Match?" murmured her friends, who had Just
confessed to a certain interest in an acquain
"Yes all the same color," was the answer,
"shirt, handkerchief, socksall the same shade.
None of that kind for mine, thanks. Just think
how much time ttey must take in primping every
morning to get all those things the same."
Thoma W Lawso tells
how the biggest National
Bank in America committed
Charles Edward Russell exposes the Beef-Tnist
Report of the beautiful theorist Garfield, who was no
more prepared to go up against the Beef Trust crowd
than a babe in the cradle.
Ten great storiesAn article on the Fun
Makers-^-A Superb Art featureThe usual clever
departmentsAnd a new one, Under the Spreading
Chestnut Tree,*' help to make the June
Just out15 cents on all news-stands
THE RlDGWAY-TriAYER COMPANY, Union Square, New York Gty

xml | txt