The Saint Paul globe., May 27, 1898, Page 6, Image 6

About The Saint Paul globe. (St. Paul, Minn.) 1896-1905

Image provided by: Minnesota Historical Society; Saint Paul, MN

                
6
AOHIGULTURAL COMMERCIAL INDUSTRIAL FINANCIAL
TRADE WITH THE ORIENT
SUGGESTIONS REGARDING OUR
ENLARGING EXPORTS
Oar Trade "With JaiMin Interest
im Capitalists ia Aslatie Couiineiee
— Aiuerieiiu Steel ltailvvayst Go
lan ta Australlu VlewH and
Hints by i:\-Coiinul General John
llarrett as to Ilaiv to ."roceeU.
j l_
MARKET SUMMARY.
Prey.
Wheat. Close. Day.
July. Chicago 110 112%
July, Minneapolis ....1 54% 1 56
1 July. Duluth 1 54 1 56
July, Now Ycrk 117 1 IS% I
FINANCIAL.
l*:ir silver, New York. 57% 57% I
I Call money, Ni w York. 1% 1%
! i_
I
The treasury department statistical bureau
has recently ls^ut d a statement showing the
inuinnsc vjlume of our export trade fir ten
months ending June 30. The figures present
a total of $1,025,426,681, and an cxcfss of
(125,060.000 over the same period of our last
Bscal year, which, according to statist e 3,
a ;is the largest expert year in the history of
the United States. Bradstreet's prrd'ets Miat
»tl in the same ratio the sum total of our
exports fcr the entire fiscal years 1807-:-8
will reach H.176,0g0,000, against a total of
t1.0G0.000.C66 the year previous.
Tho expansion has been in large measure
due to the demand for our breadstuff^, and
tfcere baa been s shrinkage in the line of our
manufactured products, as well as in those
of the mine. Hence the importance of agri
culture to the nation Is once more demon
strated. But, while Europe Is rece'.vlng food
from our shores on the Atlantic, pos ibil ties
for our manufacturers are opening on the
Pacific in the direction of the Orient.
In the above connection some recent com
nunts by standard journals will prove of in
terest The following from the New York
Commercial and Financial New 3 relate.? to
our growing trade with Japan:
The commerce of the United States with
Japan has grown more rapidly during ihe
past year than that of any other nation.
"The unnual returns in the foreagn trade of
the empire of Japan." jun rece ved by ti e
bureau of statistics, shows that the inipo.'ts
into Japan from the United Statts Incrnss d
from 16.373,419 yen in 1596 10 27,130 537 yen in
1897. while her exports to the Un.ted Sta* s
Increased from 31,582,341 yen in 18116 to T. 2 i.6
--4(4 yen in 1897.
Only three countries, viz.. Great Britain,
China and British India, made as large sales
to Japan as did the United S ates in I^o7,
and in no case was ihe Increase in imports as
large as that from the United States. The
gain which the United Stat s has made over
other parts of the world In supplying Ja an
with her imports is shown by the lact that
the imports from tho United States increased
65 per cent in 18f:7 over 1806, while in otal
imports from all parts of the world the in
ciease of 1597 over 1896 was only 28 per pant,
the gain of Great Brita'n. our chief compet
itor, being only about 10 per cent.
The rapid development of Japan's fo.-e'gn
commerce was shown by the fact that her
experts in 1597 increased 28 per cent. Th?
articles which showed a marked Increase n
Japan's Imports from the United Stitej
■were: Raw cotton, cotton duck, flour. _at 3
and caps, fowling pieces, carriages, pig ron,
plate and sheet iron, iron pipes, nails, steam
pollers and engines, steel rails, l.comjt ye
engines, railway carriages, electrical ma
chinery, spinning machinery, mining via
chinery, printing paper and telegraph wire.
That our possibilities in the direction of the
Orient are attracting the notice ol capitalists
and investors Is indicated by the following
from the United States Investor:
We f< ar that the extent of our trade pos
sibility f-- In the Orient is not appreciated in
this country. We behold the European na
tions making the most strenuous efforts to
enlarge their markets ln that quarter of the
glebe, e\en to the extent of preparing them
sehes for a gig_ntic struggle at arms, pro
vided they can in no other way acquire a
firac'.ical trade monopoly of large and popu
ous tracts of territory. Such a procedure is,
of course, foreign to our way of doing things,
but it is well, nevertheless, for us to be
keenly alive to the fact that the East presents
great tiade possibilities to us, as well as to
Europe, and that it is incumbent upon us to
use all legitimate means to realize those pos
niliilities to the fullest extent. We are to
day a much more important factor in the
commerce of the Orient than most of us sus
pect, and the indications are that we may
find it easier to enlarge our hold upon the
trade of that section of the earth than will
any of the great powers of Europe.
And aa an evidence that something startling
has ilrcady occurred in the line of accom
plishment with respect to the extension of
trade to the Southern hemisphere the fol
lowing from an exchange is submitted for
reflection by those interested in the advance
mcat cf our commercial enterprise:
acceptance of tho American tender for
18.1 ■ ' tons of steel rails by the railway com
missi, ncr of the Victorian railways proved a
Burpr'se for the local commercial circles there.
The tenders were open to all the world, and
five wire sent in. Two of these were Anier
-1..111. two English, and one German. One ot
tbe American tenders (that of the Carnegie
company) was declared informal. The other
(that of the Pennsylvania Ste?l company) was
succ ssful. The amount of the tender was
fi." .471. or about $397,350. This was the low
est. Next came the two English tenders at
£79.214 and £81.256. respectively, or a differ
ence in favor of the American tender ot
S3. B<«. which is a pretty substantial amount.
As compared with the former contract let to
on ;""nglish firm of £5 l"r, per tor. the Amer
ican contract works out to only £4 19s 9d per
ton on exactly the same specifications.
This is the first time a big railway con
tract has gone to America from Australia.
John Barrett, formerly United States con
sul general at Bangkok, Siam, in a recent
letter to the department of state offers these
▼lews and suggestions in connection with
the expansion of trade in the Orient:
Japanese and Chinese cheap labor may ulti
mately prove a great competitive force, but at
present it b.is not reached that degree of
str< ntah. which should d'-ter American ex
porters from extensive operations. There Is
no better field, not even in Foulh A'nerli.i.
for extension of American trade than the far
East. Its present Importance '.s evidently not
appreciated in the United States. With proper
effort, our country could have four times its
present bulk of trade: but Cie effort should be
made at one.c. The year 1898 promises to be
Important.
The cV.lef mistake is the failure to send
competent representatives of business houses
to the far East What Is wanted is men of
tact, experience, education and Kentlemanly
bearing, masters of tho business they rcpie
scnt, so that 'buyers can obtain from them
every variety of data covering prlres, duality,
details of manufacture, freight charges, time
of ahlpment, etc. Where one American trav
eler visited Asiatic ports in WI, ten came
from Europe .•ind the orders given were in
corresponding proportion. Every buyer in
the far Ea-<t welcomes a capable American
trade agent, and will at least hear what he
has to say. There Is n remarkable unanimity
In the opinion that the extension of commerce
with the United States Is greatly hampered by
this lack of competent and responsible rep
resentatives.
Mr. Barrett makes some apt suggestions as
to how to go about the business. Some of
these arc as follows:
EUOGESTIONf, FOR INCREASING TRADE.
Other suggestion for the advancement of
American trade are numerous and Interesting.
They Include:
(1) Studying the local markets ar.d cater
ing to their special wants.
(2) Giving terms of payment of credit as
liberal as those of European exporters.
(3) Framing prices with full consideration
for the silver currency of the Far East, which
makes the pric^ to the purchaser practically
double that of the seller.
til Packing goods with great ca.o and spe
cial regard for dampness, heat, etc.
(6) Slipping by the quickest and most di
rect routes, because of tho long time neces
sarily consumed between order and receipt
of goods.
(6) Advertising In the local papers, as Is
done ln the United States.
(7) Issuing circulars and price lis-ts accom
panied, whenever possible, with Illustrations
ln the rath-© language or dialect.
(8) Electing as agents only firms or men
of rccognizczd standing or influence, for the
natives often Judge goods by tbe man who
• ells them.
(9) Quoting th« lowest prices possible for
the b**t quality when Introducing Sgoods or
sendlcs trii] orders. \
(lot Remerabarlpg that i> larpc hWcs in
Ih* Far E_st are na*_ra!ly conaervativv, and
\
that hence the methods used at home may not
avail in placing orders there, although psr
sistenee on the part of tactful agents will
eventually bring large rewards.
(11) Finally, exploiting the entire field from
Siberia to Siarff with the same energy that is
displayed in the United States, but with ways
and meins suited to Asiatic characteristics and
conditions.
More elaborate suggestions include the ex
tension of the merchant marine, the early
completion of the Nicaragua canal, tho crea
tion of an American chamber of commerce
with headquarters at Shanghai, and the estab
lishment of an Asiatic museum at San Fran
cisco.
WHEAT RULED LOWER.
Splendid Crop PrflspertH Principal
Cnune ot the Break..
CHICAGO, May 26.— Despite Mr. Letter's
efforts the wheat martet broke away from
him, as far as July, September and later fut
ures were concerned. July shows a decline
of 2Hc, and September is off 2tfcc.
Corn Is down l@lM<c. and oats %@Ms°.
Pork and ribs are 5c lower, and lard 2%c.
There was a good deal of excitement ln
wheat, but actual trading was somewhat lim
ited. Leiter took hold of the buying side at
the start, more especially of May and July,
bidding the former up to $1.75, and the latter
to $1.14V_.
The great overshadowing fact kept in mind
by the traders was the magnificent crop pros
pects of the world, and more especially ln
the United States and Canada east ot the
Rockies, otherwise sentiment would have
been alt that the most ardent bull could have
desired.
Receipts at Minneapolis and Duluth were
only 34S cars, against 404 a year ago, but as
the price of cash wheat in these markets to
day was from $1.55 to $1.57, it was evident
that wheat in fiist hands in the Northwest
are about exhausted. Chicago receipts were
216 cars, 141 of which were contract. The
rec; ipts a year ago wait were 4 cars.
Exports "from Atlantic seaports was equal
to 541.000 bu.
July opened at $_.13®Li_%, sold up rap
idly to $1.14. declined to $I.o9*v_, rallied to
$l.io asked at the close. September started
'.c lower at 87%@88c, advanced to S9c, sold
of to 85% c, and rose to 86"/ l (aS6%, the closing
figure. May ranged between $1.70@1.75.
Bull support steadied corn for a while, but
this was offset by lack of shipping demand,
and the general disbelief in the theory that
chances for next crop have been as yet jeop
ardized to any extent by backward weather.
The break in wheat also carried corn |own.
Receipts, 678 cars. July opened %(*?%c low
er at 34"<i(534%c, sold up to 34>4_t'34%c, then
back to 33c, and up to 33>'<'r-.33",4c at the close.
There was a good cash demand in oats to
day, and prices ruled higher until the break
in "corn. Receipts, 280 cars. July opened %c
lower at 243£{r24%c, advanced steadily to 25®
25"4 c then fell off to 24 1 / _c at the close.
Early ln the session provisions were firm
and at times decidedly strong. They finally
yieided some with grain. Lard was firmer,
comparatively, than pork or ribs. Hogs are
5c higher. July pork opened 12M.1g.5c higher
at $11.95<5- , 11.57V_ . advanced rapidly to $12.03,
dropped to $11. 72 V.. then rose to $11. 77% bid
I at the close. July lard began 7V_filoc bet
ter at $6 30, advanced to $6.32%. fell back to
$6.20, and at the close was quoted at $6.22..
July ribs 2V»c up at the opening at $5.97%,
rose to $6 02%, and declined to $5.90, the final
quotation.
Estimated receipts tomorrow: Wheat, 300
cars; corn, 1,110 cars; oats, 415 cars; hogs,
29.000 herd.
The leading futures ranged as follows:
OK r O
m M . I I
« 2 to 3
= aa f. TO
w r : :
Wheat— j j
May [1 70 175 170 !1 75
July I 1 13%; I 14Vii 1 09%! 1 10
Sept !87%-88; 89 | 85%!85*,4-%
Dec ,82%-83i 83%! 81%' 82%
Corn— I I
May ! 34 34>4-%! 33%| 33%
July i33%-34!34V4-%! 33 ;33%-Vi
Sept |34%-35i 35'/. 33%;34-34%
Oats-
May I 27% I 27% 27%! 27%
July |24%-%!25-25% 2,-/_| 27%
Sept I 22%|22%-%! 21%| 21%
Mess Pork— |
July IU 95 112 05 111 72%11l 77%
Sept 112 15 |12 17%'1l 85 11187%
Lard— 1 I
July !6 30 6 32% l 620 16 22%
Sept I 6 32%| 6 40 ! 6 27%! 630
Short Ribs—
July ! 5 97% 1 6 02%; 5 90 ] 5 90
Sept |6 05 I 6 12%| 5 97%! BCO
1 Cash auotations were as follows: Flour—
, Quiet; unsettled. No. 2 spring whe-at, $1.20: ,
I No. 3 spring wheat. $1.10(^1.30; No. 2 red, I
; $1.69@1.70. No. 2 corn, 34%c534%c; No. 3 yel- I
1 low corn, 34c. No. 2 oats. 27% c; No. 3 white,
29%®30c. No. 2 rye, 65e. No. 2 barley, 38@51c.
: No. 1 flaxseed, $1.31; N. W., $1.31. Prime ]
I timethv seed, $2.75@2.85. Mess pork, per bbl, I
I $11.65(311.70. Lard, per 100 lbs, $6.20@6.25. I
I Short ribs sides (loose), $5.85@6.20. Dry
! salted shoulders (boxed), 5@5%c. Short clear I
j sdes (toxed), $6.3f1@6.40. Sugars, cut loaf, un- !
i eh. nged. Receipts— Flour, 8,500 bbls; wheat, 1
I 103,200 bu. corn, 473,400 bu; oats, 372,300 bu; j
' rye, 8,400 bu; barley, 25.500 bu. Shipments—
1 Flour, 16,200 bbls; wheat, 452,700 bu; corn,
' 622,400 bu; oats, 274,400 bu; barley, 3,030 bu.
! On the produce exchange today the butter
! market was firm: creameries, 13@15c; dairy.
11(fl>13c. Eggs, steady*, fresh, 10c. Cheese,
easy; creams, s@B%c.
MINNEAPOLIS GEAIN.
MINNEAPOLIS, May 26.— The local wheat
market opened lower this morning in the facs I
\ of stronger cables. There was no tiading in j
j July for the first half hour. The first trade j
j was at $1.56, the same as the close Wednes- j
! day; a half hour after a trade was made at
j $1.56%. and ten minutes later scld at $1.57. ]
I This shows a determination to stand by niar
! by figures, and also indicates that prices aie ■
j right for immed'ate wants. The September. :
; too, af :er the first tw n • -five minutes, h wed
strength, that option advancing sharply from I
1 S9%c to 90% - after which the market ru'ej
: very dull up to midsession. The news of tha
i day was a little more bulluh than f r the
! past three days. There was no trading In I
! May up to neon.
July wheat opened at $1.56, being the same I
I as Wednesday's close, advanced to $1.57 by ;
j 10:30 and held steady with no trading up to I
I noon.
September wheat opened at 89% c. against I
89%(589%c Wednesday, advanced to 90%\ lost I
%c, firmed up to 90% c, declined slowiy to 90.
sold at 90%@90y t c, and lost l-16c by noun.
The cash wheat market was very slew with 1
scarcely any demand for anything. Rceipts
here were 172 cars; shipments, 49 cars.
About a half hcur before the cl.se ths
market weakened suddenly without any par
ticular reason other than a lack of confi-ence
in the position held by the bulls in May and
July. May wheat closed at $1.55, Ju'y at
$1.541,4, September at 87% c, and December at
80% c.
RANGE OF PRICES.
Open- High- Low- Closing.
Wheat. Ing. est. est. Thurs. Wed.
May $1 55 $1 56% j
July ....$156 $157 $154 154% If 6
September.. 89% 9C% 87% 87% 83%
December... 80% 80% 80% 80% 82
On Track— No. 1 hard. $1.54; No. 1 narthe.n,
$1.52; No. 2 northern, $1.35; Alay cats, 38% c;
I May corn. 32%e: flaxseed. $1.25%.
j Curb on September wheat 87%
Puts on September wheat „ 86
Calls on September wheat „ . !83%@89V4
SAMPLE SALES.
No. 1 northern, 1 car 151
No. 1 northern. 1 car to arrive ........1 53
1 No 1 northern. 1 car to arrive 7.1 r4
! No. 1 northern, 1 car .'1 54
I No. 1 northern, 2 cars ."..".!!.'.. 1 53
j No. 1 northern, 2 cars to arrive ...... '"1 53
I No. 2 norf-urn. COO bu to arrive "l 31
j No. 2 northern, 600 bu "'1 33
! No. 2 northern. 3 cars 1 36
No. 2 northern, 1 car 1 35
No. 2 northern, 3 cars .'.'".'." "1 -*6V«i
No. 2 northern. 1 car 135
No. 2 northern, 2 cars 1 36<^
No. 2 northern, 4 cars to arrive 136"
No. 2 northern. 2 cars to arrive... .'.'...1 36
No. 2 northern. 800 bu to arrive 1 ?6
No. 2 northern, 9 cars 1 q^i_
No. 2 northern, 1,200 bu . . 7.'7.'7.'7.7.'777.'7.i 36%
FLOUR.
All the millers declare that the mark»t is
very quiet, with no special feature other than
that prices are well held.
First patents $7 lOira: ?»
Second patents 7 0017 in
Second clears I S°fi S
First clears 77777777. 6 00®6 20
BRAN. SHORTS AND COARSE GRAINS.
Washburn. Crosby & Co. quote as follows:
Bran in bulk $9 50g) 9 - 5
Shorts in bulk 9 soiff a 7r
Middlings in bulk . ::::::i3 55|i3?5
Corn— Corn is weak; No. 3, 33@33iAc- yel
low corn. 33% c. ' '
Oats— Oats are very weak; No. 3 held at 28
@28% c; No. 3 white held at 29% c.
Rye— No. 2 rye quoted at 61c: no sa'es
Barley— Feed barley quoted at 39@40c '
Feed— Reported by the Diamond Elevator
and Milling company:
The trade is good, with a fair demand. Val
ues are looking upward.
Coarse cornmeal and cracked corn,
ln sacks, per ton, sacks extra, to
Jobbers only $13 50@14 00
No. 1 ground feed, 2-3 corn. 1-3
oats, »>-lb sacks, sacks extra . . 14 50
STATE GRAIN INSPECTION.
Northern.
Railroads. N0.1hd.N0.1.N0.2.N0 3.Rej N O
G. N.— B. Div s o i' '«
G. N.— F. F. Div. .. \ % .. .' 1
THE ST. PAUL GLOBE FRIDAY MAY 27, 1893.
C., M. & St. P 1 23 21 9 ..
M. & St. L 1 3 12 3 ..
Soo Line 1 1
Northern Pacific. .. 1 1 4 8 ..
C.,St.P.,M. & 0.. .. 6 25 30 21 2
Totals 9 58 76 38 5
Other Grains— Winter wheat, 11; No. 3
corn, 4; No. 4 corn, 2; no grade corn, 1; No.
3 oats, 12; no grade oats, 3; No. 2 rye, 2; No.
3 rye, 1; no grade rye, 1; No. 3 barley, 1; No.
4 barley, 2; No. 5 barley, 1; no grade barley,
3; No. 1 flax. 1.
Cars Inspected Out— Wheat— No. 1 northern,
97: No. 2 northern, 47; No. 3 northern, 69; re
jected, 41; No. 3 corn, 3; No. 4 corn, 11; No.
3 oats, 8; No. 3 barley, 1; No. 1 flax, 19.
DULUTH GRAIN.
DULUTH, Minn., May 26— Up to 12:30 th s
, was the dullest day yet, there being no sales
whatever in futures. September opened %c
off a<t 90V.C, was bid up to 91"y_c at 10:30 and
off to 90i_c at 12:30. At 12:30 it wa3 quoted
at 90% c. Cash, 45,t>00 bu to shippers at My
prices. July closed $1.54; spot No. 1 hard,
$1.58; No. 1 northern, $1.58; No. 2 northern,
$1.40; No. 3 spring. $1.20. To arrive— May No.
No. 1 northern, May, $1.58; September, 9ic;
No. 1 northern, May, $1.58; September, 89c.
1 hard, $1.58; No. 1 northern, $1.58: No. 1
hard, May, $1.58; July, $1.54; September, 90c;
Oats— 29» / _@2B*£c. Rye— 60c. Barlev— 36c. Flax
—$1.30; September, $1.14. Corn— 3l'_c.
OTHEB GRAIN MARKETS.
GRAIN GOSSIP.
Gossip by private wire to C. H. F. Smith
& Co., St. Paul, members of the New York
stock exchange and Chicago board of trade:
St. Louis reports the receipt from Texas
of samples of new wheat and said the qual
ity was excellent, aM would grade contract.
A party just returned from a trip through
Oklahoma country reports that wheat is now
heading and harvest will not begin for at
least ten days.
Kansas City letter dated yesterday from re
liable grain dealer, who operates several
stations in central Kansas says: Wheat re
ceipts have stopped, weather rainy; some
crop up; some will have to be replanted.
Lets of fields not planted yet. Looks as If
wheat harvest and corn working would come
together, hence corn will suffer.
NEW YORK.
NEW YORK, May 26.— Flour— Receipts,
23,411 bbls; exports. 12,037 bbls; shade weak
er, with wheat, and lower; winter patent, s
$6.50@6.90; winter straights, $6.25@6.45; Min
nesota patents. $6.90@7.35; Minnesota bakers',
$5.3005.65. Wheat— Receipts, 512,450 bu; ex
ports, 288,622 bu; spot steady; No. 2 red,
$1.54 V_ f. o. b., afloat and export grade, 94*^.0
f. o. b., afloat; options, No. 2 red May, $1.48
@1.55, closed at $1.56; July. $1.16%@1.20,
closed at $3.17. Corn— Receipts, 231,075 bu;
exports, 229,427 bu: spot weak; No. 2, 39% c,
options steady at first on wet weather news,
but yielded later to liquidation and weak
cables, closing %@lc net lower. May closed
at 37% c: July, 38%@39">sc, closing at 38% c.
Oats— Receipts, 247.500 bu; exports, 125,023 bu,
spot dull; No. 2, 33>4c; No. 2 white, 34V_c;
options dull and unchanged, without trading
features; May closed at 33.
ST. LOUIS.
ST. LOUIS. May 26— Closing— Wheat-
Lower; No. 2 red, cash, elevator, $1.20 bid;
track, $L2S@L2B; May, $1.29 asked; July,
99V. c bid; September, S3*XiC bid; No. 2 hard,
cash, $1.25, nominal. Corn — Lower; No. 2
cash, 32c bid; May, 32c bid; July, 31% c; Sep
tember, 32 1 /.c bid. Oats— Lower; No. 2 cash
nominal: track. 29y 2 @3oc: May, 29c bid; 30'ic
asked; July, 24c asked; September, 22 1 / ic bid;
No. 2 white, 31<g32c.
MILWAUKEE.
MILWAUKEE, May 26. — Flour — Dull.
Wheat— Firm; No. 1 northern, $1.38; No. 2
northern, $1.34; July, $1.30@1.40. Oats— Quiet,
29"'Ammc. Rye— 3c lower; No. 1, 6D,_c.
Barley— Easy; No. 2, 49c; sample, 40@50c.
LIVERPOOL.
LIVERPOOL, May 26.— Close wheat strong,
higher to %<??V_d lower; May nominal; July,
10s 6d; September, 7s ?4d: December, 7s y,d.
Ccrn, quiet, %? %d lover: May nominal;
July, 3s (id; September, 3s 6%d.
LIVE STOCK.
UNION STOCKYARDS.
Receipts of all classes of stock were light,
consisting of 100 cattle, 50 calevs, 800 "r.ogs
and 200 sheep. The ste**r market was strong,
with a much larger demand than supply.
There is great need for more gocd butcher
stuff. There were some good Blockers, which
were quickly tak;n. Bulls and cows d;d tot
make a good showing. Hogs were not of
high grade, but prices were well up with
Chicago, though in the start responding ti
the weakness in that market, ln fact, lt
was noted that relatively South St. Paul
was a shade btier than Chicago. The de
mand for sheep and lamb 3 was good, a-d
the limited supply brought good pric:s. It
Is apparent that, with the approach of the
dull summer period, this market will be a
profitable one for shippers to pa'.ronize.
Receipts— Cattle, S5; calves, 33; hogs, 673;
sheep, 13.
Hogs— Five to ten cents lower than yester
day in sympathy with Eastern decline. Lo
cal packers got most of the hogs, a few j
bunches going to outsiders. More hogs want- i
cd.
Representative Sales —
No. Wt.Dg.Price.lNo7 Wt_Dg. Price.
8 121 ..$3 4013 IC3* .. 4 00
5 376 .. 360 66 210 160 4 00
i 387 .. 360 74 165 .. 400
6 381 £0 3 60 5 236 ..400!
5 414 .. 3 60,4 165 .. 4 00!
2 110 .. 375 8 193 ..4 00'
7 136 .. 380 45 227 120 4 00
20 167 80 3 90 27 198 80 4 05:
10 157 .. 3 90179 188 120 406
* 192 .. 3 50!45 207 .. 4 05,
W 233 .. 3CO 78 189 .. 4 Co
28 180 .. 355G6 188 .. 405
4 325 .. 3 95152 248 .. 4 10!
5 274 .. 400 30 ....258 160 415
18 202 .. 4 001
Cattle— Steady. The light run was soon
cleared up at good prices. Butcher cattle
were In good demand, especially cows and
he:fers, and not many here. The market was
active and small; lots cleared up early In the
forenoon. The stocker market steady re
ceipts light.
Representative Sa'.e3 —
No. Wt. Price.) "Bulled"
Butcher Cows and No. Wt Price
Heifers- | 2 730 $3 46 !
1 980 $3 05 2 1130 3 40
2 940 3 10 1 570 3 75
J 960 3 15 1 430 3 75
1 1 -010 3 25 1 580 3 75
\ 1030 3 25 1 1770 3 90
2 1020 3 40 1 400 4 00
J 1030 3 40 2 425 4 00
J 920 340 Veal Calves—
5 958 3 46| 1 100 4 50
J 1000 3 50i 2 155 5 CO
? 8--0 3 501 1 250 4 50
\ 770 3 50 1 100 4 00
\ ,510 3 60l 1 160 4 85
? 1065 3 651 1 390 4 05
J 9°o 305 Stockers and Feed
-1 1140 3 65 ers—
- 1 JOSO 3 75 J 832 285
} "IO 3 75| 1 760 2 90
\ 790 390 2 mo 400
3 1220 4 00 1 350 4 00
- 1 ,. -*,;••••••• 9 00 275 1 770 400
Stock Cows and 2 7SO 400
Heifers- 9 63 , 405
\ 2 70 1 650 4 10
J 820 2 70 1 790 4 10
1 "0 2 90 3 876 4 15
2 935 300 1 800 4 20
* Bod 3 10 2 fidK 405
2 510 3 60 1 :V.|» 426
* 592 3 60, 1 550 4 25
} •• 710 3 60 1 1080 4 30
1 640 365 8 455 4 40
!> 333 3 70 1 240 4 50
1 »28 2 70 I 480 4 50
2 205 3 75 1 400 4 50
* V. «<> 375 5 350 4 75
Bulls— 3 . 296 475
2 1045 290 Butcher' "steers—
- 1 "00 3 15 3 991 400
1 960 3 20 2 1965 4 25
} 1270 3 25 8 ."1083 4 35
J 1130 3 25 3 1236 4 40
I :::::::::::_!_. _ g er^ kers and Spring
-1 "» 3 30 1 c and 1 c.for 36 00
i °*0 3 30| 6 c and 6 c.for 241 00
i "JO 3 3o| 1 cow for 29 50
0 sliJ *> 35i 1 cow for 30 00
, 1 cow for 20 00
Sheep— Good demand and everything sold
Representative Sales-
No. Wt. Priced Nto! wt Price.
20 lambs .... 78 $4 25 103 lambs.... 90 $4 65
3 ? HO 425 59 lambs .... 87 4 65
1 |1 _ 25 Osp'g lambs. 58 600
_2 o£ 4 2o
DISPOSITION OF STOCK.
swift & co M tt:&H nP- She iii
J. B. Fitzgerald is 7 J 3U
Lytle & Raeburn 16
Haas Bros 'io
North Packing Co ... '7777. " 179
Springfield Packing Co .. 115
White P. & D. C 0...?..: 33
Sutphin Packing Co ... is a
Staples & King r \*A
?'K E 'r!!£°: ml .. k .7.'7. * ' »
Baldwin „ '4 "* **
Ramsey '.'. 3 "*
Russell c
Guthrie " 7
F. B. Cable 10
Dennis 4
Maskell * _
Walker - mi 4 "" '"
Other buyers .'"! 10
MILCH COW EXCHANGE^
Lytle & Raeburn's report: Good, choice
fresh cows and forward springers are still
enhancing in value, and becoming very scare*
*_* _. r< V° Be S U f e - T i e ■"PPJy decreasing
and the demand Increasing en this class ol
stock shows plainly trat the farmers are go
ing to cattle raising more extensively and
prospects are that cows will go up in pr co
till they are i'as d«ar as they were fi.teen
years ago. ri
Representative Sales-
No. ' Price.
2 cows .-,. 1.1 $95 UO
1 cow 43 00
5 oows .....'."' 288 00
2 cows 7.77 51 CO
STOCKYARDS PERSONALS.
The bulk of the stock entering tho yards
was in mixed carload lots. Among the ship
pers were G. ■A. Dv Toit, Waconia; J. T.
Little & Son, Kasson; C. Mueller, Waverly;
Goodrich & Henderson. Durand; George W.
McMurphy, Prescott; Cogswell & Robinson,
Late City; M. C. Black, Red Wing; White
6 Sloane, Chaska; Henry Hasken, Cologne;
Herman Gehl, Chaska; H. N. Dale, Mlnne
ota; F. Bigot, Springfield; M. O. Burg, Nic
ollet, and Wlljiam McCoy, Turtle Lake.
Commissions, Etc.— Public inspection of
hogs 30c per car. On double-deck loads, 50c
per car. Dtessed animals, including lumpy
>awed cattle and meats, are condemned. Salts,
unless otherwise sUrted, per 100 lbs, live
weight. Dead hogs, 100 lbs and over, %c per
lb, less than 100 lbs of no value. All ani
mals apparently affected with actinomycosis
or lumpy-jaw, or having any swelling on the
head or neck, are subject to inspection by the
state veterinarian. If they fall to pass their
carcasses are sold for food, otherwise for
fertilizer, etc. Public inspectors dock preg
nant sows 40 lbs, and stags, altered boars,
80 lbs each. Yardage: Cattle, 25c; hogs, 8c;
sheep, 5c per head. Feed: Corn, 60c per bu;
hay, 75c per 100 lbs; bedding, 50c per 100 lbs.
Commissions: Six dollars car load for single
deck car loads of hogs and sheep, and $10
car load for double-deck car loads cf tre
same. Fifty cents per head for cattle of all
ages, up to $12 per car load; veal calves in
less than car lots nor less than 25c per head;
cars of cattle contulning less than five veal
calves of less than 300 lbs, weight each, the
commissions on the calves discretionary.
Double-deck cars of calves, $18. Mixed car
lots of stock, 50c per head for cattle, 25c per
head for calves, 10c hogs and sheep, up to
$12 per car load. Thirty head and over of
hogs and sheep, arriving at these yards in a
single car to be charged $6 per car; less than
car load lots, 50c head for caltle, 25c head
for calves; under thirty head of hogs or sheep,
15c per head. Public inspection of hogs 30c
per car. Telegraphic market reports, except
when quoting bona flde sales made the same \
day the telegram is sent for the person to
whom the telegram is addressed, are at the
expense of the recipient. All live stock not
suitable for human food is condemned by the
government.
Government Inspection — Cattle, hogs and j
sheep are held on account of advanced p-eg
nancy. Cows within a month of parturition
and for ten dayrf after will be subject to con
demnation, also sheep and hogs three weeks
before and ten days after.
The government inspectors ln the various
slaughter houses condemn the meat of all
cows that have calves inside with hair on.
The inspection of hogs made by the govern
ment inspectors at the scales before weighing*
is very close and their decision is final. Sales
men having no appeal therefrom. All badly
pregnant sows, bogs with bunches, boils, and
also hogs with, cuts on the hams and shoulder
"Bob" or "Deacon" calves are condemned.
Scabby sheep and those that are emaciated
are thrown out.
MIDWAY HORSE MARKET.
Barrett & Zimmerman reports: The tone of
the market is- somewhat active. A number j
of buyers were on the market and many j
horses changed hands Prices holding at ye— |
terday's quo'at'on**. Uree-t orders for c-valry j
horses have been placed with U3. Prices are |
expected to rise on all cla=ses of hers's;
mainly on heavy drafters and drivers. The
retail trade has been considered good. A
number of attractive horses were sold at
high prices, Uhe horses being of firs'.-: lass
quality, and are always ready for a god
disposal op this marke*. The nominal value
of serviceable, sound horses from 4 to 8 years
old is as follows:
_ „ Wt. Price
Drafters, extra, ranging 1 700 $'51
: Drafters, common, ranging 1,700 100
Farm stock, ex*n. ranei"" 1 00 I's
Farm sto k, 10mm n, ranging 140' 35
Drivers, extra, ranging 1.2:0 115 i
Drivers, common, ranging i'? 00 95 I
Mules, common, ranging loo.) 75 |
Mules, extra, ranging 1 000 100 I
Shetland ponies 45!
MINNEAPOLIS.
NEW BRIGHTON, May 26.-Recelpts. 380 1
hogs. Hogs— Market strong and 5c hiehor
yesterday. Sales: 62 hogs, ay 230 lbs $4 20
--58 hogs, ay 223. $4.27%; 20 hogs, ay 210, $4.25 •' !
16 hogs, ay 185. $3.95; 70 hogs, ay 215, $4.25; 7 !
hogs, ay 220, $3,85. Cattle firm. No sheep; I
market steady. *
CHICAGO.
CHICAGO, May 26— There was a fairly
good demand for cattle today. Beef steers,
$404.50; Western fed steers, $404.80; Texas
feeders, $4@4.65: canners, $2 60@3.50; cows
and heifers, $3.75@4.50; exporters. $3.50@4.25;
calves, $6.10@7.10 per 100 lbs. The demand
for hogs was improved, though Eastern ship
pers continued to buy sparingly. Chicago
packers operated freely. Prices were strong
er and generally 5c highpr. Packers. $4.05®
4.20; butchers'. $4.05@4.35; mixed, $4(*t>4.25
--lights, $3.75@4.20; pigs, $2.50@3.90. Trade in
sheep was active at the recent advance.
Poor to prime sheep, $3.25@4.65; cl'pped I
lambs, $4(35.25: wooled lambs. $5.70f/C.05; !
spring lambs, $6@7. Receipts— Hogs, 32,000;
cattle, 10,500; sheep, 11,000.
SIOUX CITY.
SIOUX CITY, 10.. May 26.— Cattle— Receipts,
300; Wednesday, 537; shipments, 603; market
steady to 10c lower. Sales: 2 cows, ay 840
lbs. $2.50; 6 cows, ay 900 lbs. $3.85: 13 stock
heifers, ay 486 lbs, $3.50; 11 stock heifers, ay
878 lbs, $4.25: 2 bulls, ay 1,200 lbs. $3; 2 bulls. I
ay 645 lbs, $3.60; 4 bulls, ay 492 lbs, $4- 15
stockers and feeders, ay 1.008 lbs, $4.25; 27
stockers and feeders ay 815 lbs, $4.90- 17
calves, ay 432 lbs, $4.50: 50 calves, ay 21 lbs,
$5.20: 23 yearlines. ay 560 lbs. $4: 24 vearllngs,
ay 561 lbs, $5. Hogs— Receipts, 1,600; Wednea.
day. 1,304; shipments, none; market steady;
selling at $4@4.25; bulk, $4.10@4.15.
OMAHA.
SOUTH OMAHA. May 26.— Cattle— Reclrts
1,800; market strong for light; heavies sljw;
native berf Fteers, $4@4.85; Western steer**
$.1.90@4.40: Texas steers, $3.60®4.30; cows und
heifers, $3. 50@4. 30; stockers and feeders $3.80
05.10; bulls, stags, etc., $3J?4. Hogs—Re
ceipts, 7.C00; market steady: heavy, $4,103)
4.25; mixed. $4.1 504. 20; lights $4.10@4.15;
bulk of sales. $4.15(34.20. Sheep— Rec ?irts,
9.2(0: market strong: fair to choice nstives.
$3.70(34.40; fair to choice Westerns, $3.'O?S
4.30: common and Stock sheep, s3@3. 9o; lambs
$4.25@5.75.
ST. LOUIS.
ST. LOUIS. May 26.— Cattle— Recepts, 1.000,
including SCO Texans; market steady; native
steers. $4.50@5.15: light and dressed beef and
butcher steers, $3.95(34.80; stockers and fed
ers, $3.75@4.55; cows and heifers, $2.25@4 75;
Texas and Indian steers, $3.40@4.50- cows
and heifers, $3(3.3.60. Hogs— Receipts, 5.000;
market steady: Yorkers, $3.9004.05; packers
$404.30; butchers, $4.2504.35. Sheep—Re
ceipts. 8,000; market strong, but unchanged.
MISCELLANEOUS.
SEED MARKETS.
CHICAGO. May 26.— The flaxse?d market
was quite active but nervous, with pricrs rul
ing rather erratic within comparatively nar
row limits. The short 3 are undoubtedly
scared. Receipts here were 17 cars, 2 cars al
Duluth and 3 cars at Minneapolis The of
ficial close is as follows: Cash flax^e-d at
*V 3:, PPrf r v*u * u M .* y a _ * M and September
at *!#• Cash timothy seed closed at $2.50
per ICO lbs. Clover seed closed at $5.50 per
100 lbs. Minneapolis flaxseed quoted at $1 28%
per bu. "
NEW YORK DRY GOODS.
NEW YORK May 26.-Dry goods are quiet
today. Mail orders are not heavy in any line
and very few buyers are in town. Woolen
goods are quite backward in all lines of
weight goods In dress goods, both all-wool
and mixed fabrics, the trading has been of a
perfunctory character. in all fancy lines
trimmings, novelties and the like, the busi
ness passing is very fair. Staple cottons ar„
unchanged. Print cloths are firm. The bids
for regulars at 1 }5-16 c are steadily refund
by sellers, ©rderefl goods are In steady de
mand at generally, better prices than regu
lars.
REAL ESTATE TRANSFERS.
Jessie Hodges to J' T Rogers, Its 13 14
and 15. blk' 21, Syndicate Add No 6 $2
L Fabyanski-to Anna Winlecki, sw %'se
% sec 2, t,30, r 23 4 £5
Bartol Ganser to J E Treat, Its "22 ! and
23, blk 2, South Park add..... 2 00
W Cartier and wife to Arrivel it 18 P
Martin Re,,, blk . $8, Woodbury & Case
add m ...i. jqq
G C Pettigrew and wife to Carroll C
Townsend. its 14, and 15, blk 13 Syn
dicate Add No 5 300
Capital Building society to Julia "k'rlnke
lt 17, A Gotzian's sub blk 74 L Day
ton's add.ii 4 ' j
Julia Krinke t to B Tigho, It ii' A Got
zian's sub blk 74, L Dayton's add.. . 1050
Eleanor Tatum et al to N J L Bere It '
7, blk 11, Quinby Park.... 6 ' 350
F D Blakely to T L Warm, guard "it' is'
blk 2, and Its 19 and 21, blk 3, Warm's
add 1500
Ellen B Warm and husband to TL '
Warm, guard. Its 12, 24 and 27 blk 3
Its 24 and 25, blk 4; It 13, blk 6*
Warm's add .' * 4 000
Total (10 deeds) .SBO2B
Detroit, Leech Lake,
Battle lake, Perham. Clltheral, Frazee are
a few of our good fishing points. Summer ex
cursion rates ln effect.
Call at Northern Pacific city ticket offlees.
Minneapolis and St. Paul,
STOCKS WERE NEGLECTED
BUSINESS DONE WAS CONFINED
TO A FEW SPECIALS
i Skepticism as to the Whereabout-*
of the Sihiiilnli Fleet and the
Failure of an Expected Sensation
al Naval Victory to Materialize
the Prime Causes of a Dull Mar
ket- — Rock Island the Mainstay.
NEW YORK. May 26— The movement of
prices worthy of particular note In the st.'ck
market today was confined to a few special
Btocks, as was also a large part of the ac
tivity in the trading.
The majority of the list was Eomewhat dull
and neglected. This was in part due to par
ticular movement of a few stocks which
showed pronounced activity, but also to some
skepticism over the reported presence of the
Spanish fleet in the harbor of Santiago, and
Its consequent sealing up. The fact of the
matter is that the market has been expect
ing for some time a sensational victory, and
its failure to respond to tho more p os ac
results of naval strategy is a d.sappoint
ment to the bulls, and gives some encourage
men to the bears.
There were, however, positive elements of
strength in the market which served at one
time to lift pries quite materially above
last night's close.
The mainstay oi the market was Rock
Island, which rose at ono time 1% po nts.
The approaching meeting of the directors,
to act upon the dividend, and the various
I rumors as to the rate of the divid nd, and
i as to measures for the distribution of the
; surplus, were motives for the buying. Late
1 profit-taking in this stock had no small part
in the final reaction in the mirke'. lis
early rise was supplemented by buying for
I London account of the international s ocks
; and by commission house buying of the
I grangers.
I The local traction stocks enjoyed their
1 season of strength as well. Great Northern
j preferred rose an additional 4 points to 171,
a new high level, on the generally a-cepted
j belief that a distribution of new stock and
.the retirement of the deben'ure bonds aie
I imminent. Illinois Steel mounted over 4
i points, with subsequent reaction.
| The reactionaty element centered in Man
! hattan, which was active and feverish all
| day, and fell an extreme of 1% points, with
| a net loss of nearly a point. Metropolian
Street Railway sympathized in this move
ment, declining 1% net. This weakness, com-
I bined with the proflt-'aking in Rock Island,
I unsettled the market and almost wiped out
! the earlier gains in the general list. Net
! changes are in consequence small. There is
■ a constantly increasing supply of money of
fering, and the small demand for It indi
cates some halting in the business activity
of the country.
There was no marked activity in the bond
market, but prices were firmly held. Total
sales, $2,175,000.
United States old 4s coupon advanced %,
the 6s %. and the news 4s coupon % per
cent in bid price.
The following were the fluctuations of the
leading railway and industrial shaies fur
nished by C. H. F. Smith & Co., members
New York stock exchange and Chicagj toard
of trade:
The total sale of stocks today were 279,100
shares Including: 6,256 Atchison pfd, 10,611
Buriington, 3,930 L. & N., 16,315 Manhattan,
9,050 Metropolitan. 7,255 M. P., 4,655 New
York Central, 4,340 Northern Pacific pfd,
I 30,820 Rock Island, 33.381 St. Paul, 8,002 South
i crn Pacific pfd. 10,066 Union Pacific pfd, 3.960
j American Spirits, 12,700 Tobacco, 3,025 Chi
! cago Great Western, 11,440 People's Gas, 14,
--851 Sugar.
a _ ■ 3
." r ?
Am. Tobacco 1_107%I _ 107% ~109~ -C7',_ 108%
Am. Spirits 12% 12% 12% l>%
do pfd 32% 33% 32% 3?
Atchison 12% 12% 12% 12%
do p r d 32 3216 3.% 31%
Am. Cotton Oil i 22%
! Bay State Gas 3% 3% 8J&I 3%
! Brooklyn Rapid Tran. 42% 42*4 41*_| 4 %
Bait. & Ohio 18% 19% 18% l 1 %
C., B. & Q 102 102% 101% 102
C, C, C. &SL L .... 3,% 35y 4 ! .'5 34%
Ches. & Ohio 22 22 21% 1 21%
Chicago Gas 98% 98% 97%' 98%
Canada Southern 52 5i% 52 1 ;2 „
Col. Fuel & I a%
IC. G. W 14% 14% 14% 14%
[ do pfd A I I 3!
Delawere & Hud 1 l'B%
Del., Lack. & W 152
Duluth • j 4,14
Den., Rio G. & W..
Erie 13 13 13 12%
do pfd 35% 36% 35% 35%
General Electric .... 36% 3S'/_ 3f%| 3J%
Great Northern pfd .. 168 171 163 I 1/1%
Hocking Valley 6
Illinois Central 1 lC4ii
Jersey Central 96 96 96 95
Kansas & Texas I 111%
I do pfd 35 35 35 I 35
I Lead 33% 33% 33% 133
I Linseed Oil 21% 21% 21 ! fO%
I Laclede Gas 47% 47% 46%' 47%
iL. & N 54% 5".% 54%| 51%
j Lake E. & W 72% 72% 72% 7!
I Leather pfd 68% 63% 68% 68%
I Lake Shore 189
Manhattan Con .. .. 103% 107% _15%| l'K%
Met. Traction 161% 162 159 |if 9%
Minnesota Iron 73 73% 72% I 73
Minn. & St. Louis.. 27% 28 27% I 28
do Ist pfd 87
do 2d pfd 58
I Missouri Pacfic 35% 35% i B*> | 35%
! Michigan Central .... 105%! 10a%! 10 %' 104%
N. P. common 2.%| 23%| 25% 2:%
I do pfd 66% 66% 6i% 16
I New York Central.... 117 117% | 11.% 1"i6%
Northwestern 128% 12:% 1?8 12,%
New York Gas I lU3 I 193 | 19i% 39 %
North American .... 5% 5%i 5% 5*
Norfolk & Western .. 51% 51% 51% 61%
Omaha .79% 79% 78% 1 74%
do pfd 149
O. R. & N. Co 51%
Ontario & Western .. 15% | 15% l 15% 15%
Pacific Mall 27% 1 27% I 27% i 7%
Pennsylvania R'y ....I 116%| 116% 113 I 11(.%
Pullman 190 19. 189% 18 %
Reading I 13%
do Ist pfd 46 46 45% 1 45.
do 2d pfd 23%! 21% 23% 21
Rock Island * 102% | 104% 102% I>S%
Southern R'y 8% 8% 8% f%
do pfd 30 30% 30 3>y_
Silver certificates 5 %
Standard R. &T- Co.. 6% 6%| 6 _ 6,4
Sugar Refinery 137% 138%. 137*. 137%
St. Paul 99 99% 98% SB-4
Tennessee Coal 25% 25% 25% 25%
Texas Pacific 11% 11% 11% 11%
U. P., D. & G 7% 7% 7% 7%
Union Pacific 23% 23% 23% 23%
do pfd 58% 51% I*B* 58%
U. S. Rubber 21% 31% 2,% 2%
Western Union .... 91% 91% I 91% 91
Wabash j 7%
do pfd 19% 23 19 19%
W. &L. E 3 3|2% 2%
The following were the closing quotatl m
ot other stocks as reported by the Associated
Press.
Can Pac" 9 4% do pfd U9
Can. South 52% St. P.. M. & M....140
Cen. Pac 1* So. Pacific ........ 13
C. & A 159 U. P., D. & G.. 7V f
Ci & E. I 5: W. &L. E. 2&
D. & R. G 47% d 0 P fa - 11
Ft Wayne 164 Adams Ex 16>
L E. &W. p. r d .. 72 American Ex 127
Manhattan L ....10".% U. S. Ex 40
Met. Traction 15 % Wells-Farpo Ex.. 117
Mich. Cen 10'% A. Cot. Oil pfd.. 73%
N. A. & C. pd.. SO |Am. To' acco pfd. .117
N.Y..C. & St.L... 13 iCons. Gas I_%
do Ist p:d 65 ICom. Cable Co 160
do 2d pfd ?2% Illinois Steel 51
Or. R. & N 51". Lead £3
Or. S. L 2' Nat. Lin. 0:1 207.
Pittsburg IPB Silver certifica'es. 57%
St. L. & S. F .... 7%5. R. & T 6%
do Ist pfd (1% Sugar p'd 113 .
St. Paul pfd 14' <U. S. Leather 8%
St. P. & Om 78% U. S. Rubber pfd. 73
BONDS.
U. S. new 4s, reg 121% N. J. C. 5s I*3
do coup 121% M. C Os l: %
do 43 10S% do 4s 115
do coup 11l N. P. lsts 63... .115
do 2ds 95 do prior 4s :5V a
do ss, reg 110% do gen. 3s CO%
do ss, coup ....110% N.Y..C. & 5t.L.4;.114
District 3 'B:,s ....113% N. & W. 6s 121
Ala. class A ....110 N. W. cons 138
do B 1 15 do deb. 55.. ..115%
do C 90 *Or. Nay. lsts Ho
do currency .... 90 do 4s 9",%
Atchison 4e '.o%Or. S. L. Gs.t.r.. .121
do adj. 43 64% i do Bs. t.r 10*1%
Can. So. 2ds .. . .198% Or. Imp, lsts,t.r.Uo
C. & N.P..t.r.,E5.. 84%' do ss, tr 58
C. & O. 5s 112% l Paciflc 6s of '95. .li*3'A
»C,H. & D.4%s..lo4%|Readlng 4s 839.
D. & R. G. lsts. .10.%! R. G. W. 15t5.... 85%
do 4s 92%|SLL. &1.M.c0n.55. 93%
Bast Term. lsts ..107 :St.L. & S.F.gen.6s 118
Erie gen. 4s 72 ISt. P. con HI
F.W. & D.lsts.tr. 72%i5t.P.,C. & P.lsts.ll7
Gen. Elect. E5.... 103%' do 5s 115%
G. H. & S. A.63,.19 ;So. R'y. 5s 9>%
do 2ds 105% SL R. & T. 8s .... 70
H. &T.C. 5s 110 iTenn. new set 35.. 87%
do con. 6s .. ..104 |T. P., L. G., lsts.. lo**%
♦lowa C. lets ....12 do reg. 2ds .... 34%
La. new cons. 45.10 U. P. 4s . . 93%
L. & N. Unl. 45.. 89 U. P., D. & G..Vsts 55%
Missouri 6s ICO Wab. Ist os :07%
M. K. & T. 2ds.. 61%1 do 2ds 82%
do 4s 89% W. S. 4s IPS
N. Y. C. lsts.... 117% Va. Centuiks.. .. 67%
, do deferred .... 5 I
♦OfferedL "
BOSTON MINING SHARES.
Allouez Mln. Co.. 3% Franklin inu,
Atlantic 26% Osceola ' 46-ii
Boston & Mont ..199%Qufncy m
Butte & Boston.. 21% Tamarack .. . . 1;i
Calumet & Hec1a.547% Wolverine! .. .. ■_%
> Centennial „ .... 14% Parrot .. ]»£ !
NEW YORK MINING STOCKS.
Cholor $0 12Ontario *2 TO
Crown Point .... 10 Ophir 35
Con. Cal. & Va.. 45 Plymonth 15
Deadwood 50 Quicksilver 1 O'J
Gould & Curry .. 15 do pfd 20)
Hale & Norcross. 80 Sierra Nevada ... 5)
Homestake .. . .40 00 Standard 150
Iron Silver ."j Union Con 10
Me *'con 15 Yellow Jacket .. 2)
FOREIGN FINANCIAL.
NEW YORK. May 26.— Evening P.-si/s Lon
don, financial cablegram: The stock markets
here were good, but quiet today, consols and
similar stocks leading the rise on the reduc
tion from 4 to 3V_ per cent in the Bank of
England discount rate and on cheap money.
Argentines, Brabils and other foreign sto ka
were all strong on the improvement on the
Paris bourse. Americans opened dull on
President McKinley'B call for add.ianal volun
teers, but soon rallied, being led by New York
Central and Central Pacific.
BANK OF ENGLAND.
LONDON, May 26.— The weekly staten:e-:t of
the Bank of England shows tbe fol owing
changed as compared with the previous ac
count: Total rteerve increased £1,140, COO; cir
culation decreased, £2,000; bullion increate_,
£1,010,187; other securities decreased. 1698,
--000; other deposits Increased, £316. t0i); pub
lice deposits increased £109,000; notes re c ye
Increased, £1,202,000; government securities in
creased, £15,000. The proportion of the Panit
of England's reserve to liability Is 47 74 per
cant, as compared with 46.10 per cent Let
week.
BANK CLEARINGS.
St. Paul, $779,398.24.
Minneapolis, $1,886,413.
Chicago, $18,741,600.
Boston, $14,259,066.
New York, $129,349,191.
TREASURY STATEMENT.
WASHINGTON, May 26.— Today's staf-ment
of the condition of the treasury shows: Avail
able cash balance, $203,869,32J; toid reeerve.
$173,325,502.
WALL STREET GOSSIP.
New York stock gossip, leported by H. Hol
bert & Son, bankers and brokers, 341 Rojcrt
street, National German-American Bank
building, St. Paul:
Post & Flagg wire us: "New York, Miy
26. — Tho opening of the market was at t.etter
prices with an improved tone. There has
been no news of any importance to write abiut
and extreme dullness was the only feitu-e.
London appeared at different tlmea during the
day as a buyer in a moderate way. The great
dullness inivted attacks by the bear tradeis,
who hammered the market off and on _11
day."
NEW YORK MONEY.
NEW YORK, May 26.— Money on ciil s caly,
I@l^_ per cent; last loan, 1% par cent. Prime
mercantile paper, 3 1 / _@4*'_ per cent. Sterling
exchange steady, with actual business in
bankers' bills at $4._6*>[e-mail]">_ for dencand,
and $4.84@4.84% for sixty days. Posted rttefl,
$4.85 and $4.87V_ ; commerca.l bllU, *4.83"£.
Silver certificates, 57%@53^c; bar silver, 57_>c;
Mexican dollars, 45*40.
ST. PAUL PRODUCE.
There was little or no change in the condi
tion of the market. Prices were about steady
on all quotations. Butter Is firm. There is
some storage demand. Eggs, fresh stock con
tinue steady at 9c, although the offerings of
stock are quite liberal. The demand for stor
age waa limited. The poultry list remains un
changed. In the line of fruit, strawberries are
the favorites with supplies not of the choicest,
though showing some improvement over lots I
received earlier in the week. Trade in gen
eral for fruit and green vegetables about av
erage.
Corrected exclusively for The Globe ev
ery day by the secretary of the board of
trade.
Apples— Ben Davis, per bbl, $2.50@>3.50; cook
ing, per bbl, $2.75; Genitons, per bbl. $3;
car lots, assorted varieties, $3@3.25; Willow
Twigs, per bbl, $3.50@4.
Bananas — Choice Shipping — Large bunches,
$1.75@2; small bunches, $1.50@1.75.
Beans— Per Bu— Brown, $1; dirty lots, 60®
65c; fancy navy, $1.25; medium, hand-picked,
$1.10.
Beef— Per Lb— Country-dressed, 6@6',_c;
rough, 3',_@4e.
Berries— Per 21-Qt. Ca;es— Strawberries, $2.25
@2.75; Cranberries, Jerseys, per bbl, $9; Jer
seys, per box, $3.50; Bell and Bugle, bbl, $8 50.
Butter— Per Lb — Creameries, extras, 14c;
creameries, firsts, 13Vfc@Uc; creameries, sec
onds, 12c; creameries, gathered cream, 14c;
dairies, hand separator, 14c; dairies, extras,
15c; dairies, firsts, 12@13c; dairies, roll and
print, 9@llc; ladles, extra, lie; ladles, pack
ing stock, 9c.
Cabbage— Southern, crate, 150 lbs, $2@2.25.
Cheese— Per Lb— Brick, No. 1, lie; brick,
No. 2, 9@loc; Limburger, ll@12c; Swiss, 12@
13c; Minnesota and Wisconsin, new, 9©loc;
Young America, fancy, new, 10@10 l^c;
Primost, 6@6V_c
Cherries— Per 10-Lb Box— California, box,
75c@$l.
Cider— Sweet, per bbl, $5@5.50; sweet, per
half-bbl, $2.75@3; hard, per bbl, $5@6; hard,
per half-bbl, $3®3.50.
Dried Peas— Per Bu— Fancy yellow, 80@S5c;
medium yellow, 70@75c; fancy green, 80®90c;
medium green, 70@75c.
Eggs— Cases Included, per doz— Fresh stock,
9c; seconds, 6V_c.
Fish— Per Lb— Herring, Lake Superior. 2®
2i_c; pickerel, from international waters, 4V4
®sc; sunfish, perch, etc., B®4c; pike from in
ternational waters, 6c; croppies, 6c; salmon,
Columbia river, 7c; whiteflsh, 7c.
Frogs' Lege— Per doz, s@loc.
Grape Fruit— Per box— California, $5.50®
6.00; Florida, $7.50.
Hogs— Clean, per lb— Heavy, 4%c; light,,
sV4@f>\bc; medium, sc.
Honey— Per lb sections— Buckwheat, 9c; ex- j
tracted amber, 6@6 1 /<ic; extracted white, 6H@ 1
7V>c; golden rod, 9@loc; white, choice, 10®
lie: white, fancy, ll@l2c.
Lemons— California, 300 to 3CO, $3.00@3.25; 1
Messinas, choice, 300, $3.50@3.75; Messinas,
fancy, 300, $4.0064.25; Messinas, choice, 360,
$3.75; Messinas, fancy, 360, $4.16.
Maple Sugar— Per lb— Ohio, in bricks, 10c;
Vermont, iv bricks, 10c; Western, in bricks,
9c.
Maple Syrup— Per gal, 75@S0c; per half
gallon, 45@50c.
Mutton— Per lb— Bucks, 4V.@sc country |
! dressed, 7@Bc fall lambs, fat, 7%@Bc; milk j
! lambs, pelts on, 10@llc.
Nuts— Almonds, new, small quantities, 11 ■
I @12c; almonds, Tarragor.a, sacks ICO lbs, $12;
almonds, California, 75 lbs, 12 1 ,.c; Tarragona,
small quantities, 14c; filberts, sacks about 2W
lbs BY.c; filberts, small quantities. 10c; hick
ory, per bush, 60@ltc; peanuts, per lb, raw,
6&6*V(.c peanuts, per lb, roasted, 7c; pecans,
New' Texas, polished, 100-ib sacks, $6f19; pe
cans, small quantities, 9®loc; walnuts, Cali
fornia, soft, per lb, 10@llc; walnuts, Cali
fornia, hard, sacks 100 to 110 lbs, 10®llc;
walnuts, California, hard, less quantities. 10 |
®llc; walnuts, English, per lb, small. 8c; I
black walnuts, bu, $1.00.
Onions— Louisiana, bbl, $4. I
Oranges— Per Box— Blood, half-box, $2: Cali
fornia navels, choice, $3®3.25; California na- |
vels fancy, $3.25@3.50; Mediterranean Sweets, |
$2.25@2.75; seedlings, choice, $2@2.25; seed
lings, fancy, $2.25®2.50.
Pineapples— Per Doz— lndian River, $2.50®
2 75* Havana, $2@2.50; Florida, $1.75®2.
Potatoes— Burbanks, car load lots, per bu
50®55c; early Ohios, per bu. 35@40c; mixed
stock, per bu, 35®40c; rose, per bu, 30@40c.
Poultry— Per Lb— Live chickens, 8c; live
mixed, 8c; live old cocks, sc; live turkeys.
BV_®9c; live young roosters, 8c; dressed chick
ens spring fancy, 10@10>_c; dressed ducks,
spring fancy. mWzc; dressed geese, B%c;
dressed hens, 9® 10c; dressed turkeys, light.
13c; dressed turkeys, old toms, 9c; dressed
turkeys, young toms, IV/i@l2c. _.__.
Veal— Per Lb— Coarse and thin, SVidtbc;
country-dressed, 8c; good, 90 to 100 lbs, 7®
7%c. . _
Vegetables— Green— Asparagus, per doz, Zac,
beans, string, per bu box, $1.25; beans, wax, |
per bu box. $1.25; beets, per doz bunches, 3jc; :
celery Southern, Dor doz, 65c; cucumbers, per
doz, 30@60c; egg plant, per doz. $2.5); lettuce, 1
field per doz, 10c; lettuce, head, per doz, 2jc; i
new' carrots, per doz. 30c; new turnips, per ■
bu 90c; onions, per doz, oc; parsley, per doz,
15c- pie plant, 100-lb box, 40c; radishes, per |
doz bunches, 6c; spinach, per bu, 25c; toma
toes, 6 baskets, $2.25; water-cress, 30c; pota
toes, $1.50; peas, Illinois, $1; mint, 2., c.
BUTTER AND EGGS.
NEW YORK, May 26.— Butter— Receipts,
5,053; creamery', 14@16%c: Elgins, 16V_c; fac
tory ll@l2V<-c. Cheese— Receipts, 2,9i6 pkgs;
market quiet; llsht skims, sy_-*76c: part skims.
5@5%c; full skims, 2@3c. Eggs— Receipts, 3.850
pkgs; market firmer; Western, 12c; Southern,
lie.
Will commence Its dally service from St Paul
to Chicago via the Chicaa-o, Milwaukee & St.
Paul Railway, at 8:10 p. m., Wednesday,
May 25. Securo sleeping car reservations on
the Only Perfect Train Tn the World at 365
Robert street, or Union Depot
J. T. CONLEY, A. G. P. A.
WIU McKlnley Be Gcncronnf
WASHINGTON, D. C. May 26— It Is raid
that Influential friends are making efforts to
have President McKlnley appoint William J.
Bryan to a commission in the army. Gen.
Joseph Wheeler, it is said, wants Bryan to
have one of the best places on hl3 staff.
$13.00 to Kew York, Philadelphia,
Niagara Falls or Buffalo und
$15.00 to Btston,
"With liko reduction to hue.-med'ato points,
via the Wisconsin Contra! Lines. Two trains
daily, making close connections wtth East
ern linos from Chicago. Pulln.iai.. Buffet or
Sleeping cars on all Irakis. For particulars
call at City Ticket Oi_ee, No. 373 Robert
street
2S- MONEYS
To loan on approved property ia
Minneapolis and St Paul
5 or e%
In Sams to Salt.
R. M. NEWPORT & SON
SS_S_- "-•g'w.-g^
BROKERS.
Members -j sS* ork St °ck Exchange
I Chicago Board of Trade
Michael D 0,.„. ~J___^TDoni«.
M. DORAN & CO.
BANKERS AND BROKERS.
ajUacksonSt., St. Paul, Minn.
H. HOLBERT & SoS"
Bankers an_ Brokers,
8 *" ROBERT BTHEKT. ST. PAUL
SEED MERCHANTS.
GRIGCSBROS.
Seed Merchants
| ( 7 l _s_f„ y ' 2°*--! ? lue ° ras3 * « Ed Top. Mil
let, Hungarian Orchard Grass, Lawn Gras.
av'i.p-sr.'r";?*. o;^,/-'™quantities0 ;^,/-'™
quantities wanted. ' BUtln *
TMrdand Cedar Streets, St. Paul, Miaa.
LIVE STOCKS.
LYTLE & RAEBUSW, CATTLE DEALERS.
Family and Itairj flows a Specia't ,
I'MO.NSWKvuiDt Branch Mid™.
Cow Market. -161 luiversliy At, St p_ulT f
TRAVELERS' GUIDE.
Trains leave and arrive at st. Paul as fol
lows.
UNION DEPOT, SIBLEY STREET,
gp-f/ff — TICKET OFFICE,
ilaß^lS/ lo ° East T »«lFd Street.
n u BA uytfg . PhOßt 114 a.
Leave. | a Dally, b Except^ Sunday. | Arrive.
b9: ooam l.... Breck. Div. & B'ches... 77 bs:lspn»
bS :20am!. F'gus Falls Dtv. & B'ches. l b4:3spn»
bS :2oam ..Willmar, via St Cloud, .j b6:46pm
1 acOOpmlßreck.. Fargo, Gd. F'ks.W'pg. a7:4san»
al:3opm Alaska Limited | a6:lspm
b4 :sopm ..Excelsior & Hutcolnson. .Ibll :4spm
aß:oopm| Crookston Express I a7 :3oam
EASTERN MINNESOTA RAILWAY?"
jjggl Dulnth* West Superior, %■s«»
/o*§\ TICKET OFFICE
WmW*' ' 62 E- ™ rd S,reeh
Qs£\\\f£ "«i« SUtla, St. Par*.
Milwaukee Station, Mlnnrapo'U.
Dining and Pullman Cart on Winnipeg _ Coast Train*.
PaciJo Mail, Daily; Fargo, Boieman, Leave j ArrlTo"
Butte, Helena, Missoula, Spokane,
Tacoma, tsMOS aud Portland, I:3opm s:lopm
Dakota aii Ua-itebs Express, Daily;
Moorhead, Fargo, Fergus FalU
Wahpeton, Crookston, Grand Forks
Grafion and Winnipeg 7:3opm 7: lsam
SUgt Laeal, Daily except Sunday:
St. Cloud. Bral"erda"d Kargo ________j___NlM|
••Korth-WesternLrn-" -C.,St. P..M.&0.
Office, 895 Robert St 'Phone 180.
_Leave. | a Dairy, b Except Sunday. | Arrive.
aß :lsam \.. Chicago "Day Express"..! b3:~.spn_
b6:3opm ..Chieago "Atlantic Ex". Jail :30am
»8:10pm .Chicago "N.W. Limited".! a7:3oam
b9:2sam .Dulutb, Superior. Ashland. 1 bs :ospm
all :oopm|. Duluth. Superior. Ashland? aß^am
a9:3sam|.Su City, Omaha. Ksn.City.! a7:ospm
b4 :sopm I Mankato, Kew Ulm, Elmore blO :00am
a7:4spm|Su City. Omaha, Kan. City! a7:2sa__
!
ST. PAUL & DULUTH R. R.
From Union Depot. Offlee, 398 Robert St
Leave. I a Dally, b Except Sunday, j Arrive.
_s : ?S__! DULUTH I*l*9— ■
D_.lspml „,,-__ „ . „»,-_.--_ b2:_Jpm
all :lspmf WEST SUPERIOR | a6:3opm
Trains for Stillwater: a 9:00 am, ai2:lo,
' b2:16, M:OS, a 6:40 pm. For Taylors FalU:
| b9_:oo am, b4:05 pm.
M.. ST. P. & ftB^KET.
Lenvt^J EAST. j Arrive.
7:2opm|.. .Atlantic Limited (daily)...! S :43am
9:osam;. Rhineiander Local (ex. Sun). i s:lopm
| | WEST. |
9:10aml Pacific Limited (dally) I 7:ospnn
ISt. Croix Falls Local. Except!
I Sunday. From Broadway I
6:00pml Depot, foot 4th St | 9:lsam
6 :2opm Glen wood Local. Ex. Sunday'
[....Glenwood Local, Mpls 12:)5pm._
BUBLINGTON KOTTT_-.
nim TRAIMS ON EARTH.
Lv. For. I STATIONS. lAr.Fr.5
8:15 a.m.i. Chicago, except Sunday. ; 12 :15 p.m. *
8:15 a.m. ISt. Louis, except Sunday. |
8:06 p.m.jChicago & St. Louis, daily.! 7:46 a.m.
Ticket offlce. 400 Robert st. Te1.~36. ~
Chioigo Great WteTERNR_
"The Maple Leaf Route."
Ticket Office : Robert St., cor. sth St. Phone 15a
Trains leave from St. Paul Union Depot
♦Daily. tHxcept Sunday. Uave. Arrive.
Dubuque. Chicago. V\ ateiloo, ( tS.io-Hm ts 30 pm
MarshalltoTvn. Dcs Moines... « *B.io pm *: 45 :ur
St. Joseph and Kansas Cltv.. | •s.in-.nn *i2.sopm
Mai>torville Local *3.55 pin "lo^am '
Chicago, Mifwautoa & St. Paul R.ilro.d
Ticket Offlce, 366 Robert St 'Phone 98.
a Daily, b Except Sunday Lv. St.P.,Ar. St.Pf
Chicago "Day" F.xpress ..I M:Uam 1 10 Vipni
Chicago "Atlantic" Ex 1 a 2:5. r >. i„:„ll.3o\n»
Chicago "Fast Mail" a6 :sspm sl:00 ;a
Chicago "Pioneer Limited" aS :lopm a7:_ooaa
Chic, via Prairie dv C. div.! b4:4opm blllsan_
Peoria via Mason City ...| a4:lCpm all :l:.vn
Dubuque via La Crosse ..! bß:lsam hl«':lflp'.n
St. Louis and Kansas Clty.[ aß:3sam! at:£pm
Milbank and Way ! bS :20am bS'.3orm
Aberdeen and Dakota Ex..] a7 :ospm! a£:l:am
WISCONSIN CENTRAL
City Office, 373 Robert St. 'Phone No. 694.
Leave I I Arrive
St Paul) All JTrains Dally. [St Paul
I Eau Claire, Chippewa Falls, |
B :ooam|... Milwaukee and Chlc&go ...18:15am
lAshland, Chippewa Falls. Osh-I
7:4opmikosh. Milwaukee an* Chicago. |4 :lopm
M. A ST. L. Depot-Broad war A «;h.
MINNEAPOLIS &"sT. lOTHS R. H.
"ALBERT LEA ROUTE."
Leave. |a~Dally. b Except Sunday. | Arrive.
IMankato, Dcs Moines, Ce
b9:l6ami..dar Rapids. Kan. City.. b6::oi'm
bß:4sam|.. Watertown, New Ulm ... bl:5;>;-'m
bs:oopm! New Ulm Local blo:2oam ,
a7:oopmiDes Moinea & Omata Lim. aß:lostd.
a7:fiopm Chicago A St Louis Lim.! aS:loam
b4:46pm]Albt Lea * Waseca Local. lhWJiam
MILLIONS FOR STOCK.
But not on» dollar for ad
vertising, will soon iand
man in bankruptcy. I