davidaulloa/AmericanStories huggingface dataset:
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
WEEKLY REVIEW OF THE INDIANAPOLIS
WHOLESALE MARKETS
MONDAY EVENING. Ian 2f

WEEKLY REVIEW OF THE INDIANAPOLIS
WHOLESALE MARKETS
MONDAY EVENING, Jan. 26.
Business is entirely satisfactory if the re-
ports Of dealers may be taken as criterion.
The season has not arrived for quoting dry
goods for spring trade, but merchants are
confident of good business. Tho strict rules
as to credit have relaxed in Cincinnati and
others are obliged to follow. On the grain
trade of Indianapolis the eyes of the people
are turned with some solicitude, as will be
seen from the following remark by the Mad
ison Courier of Friday last: "The receipts
of grain at the elevator, Indianapolis, show
an increasing business in that line. The re-
ceipts on Wednesday are stated as follows:
Corn, 4,023 bushels, and g. ID bushels wheat
and oats. The total amounts in The elevator
at the same time were 5,S46 bushels of corn,
246l5 bushels of wheat, and 9,5S7s bushels of
oats. We hope indianapolis will soon rank
above Chicago as great grain Market"
When it is noted that quotations are always
higher at this point by several cents; espe-
cially on corn and oats, than m Chicago,
and, further, that the railroad connections
are direct with the western grain fields,
the question arises why u not the
grain trade at this point enlarged 20
the dimensions of Chicago. Various rea-
sons are given, but the vital one is probably
that which alleges lack of proper exertion
on the part of men. There is q Gass OF buy
ers who prefer for Themselves smaller trans
actions and larger margins than great and
fair commission trade allows. There are
those who assert that indianapolis presents
the best opening in the country now for a
square commission trade in grain. and that
the matter only needs to be looked after in a
business way 20 divert an immense trade to
this point. Great quantities of grain pass
through this point, which are bought west
of us and shipped through. The buyers or
consigners should be here. Linseed oil con-
tinues to advance, quotations for boiled run
ming up to 81 II. For the week past gro
ceries have net with a steady inquiry. There
have been few changes of nots, chiefly as
regards sugars, cloves and cheese. Cotfees
are about zaXc gold higher than week
since with cargoes sold at fun and firm
figures; the highest point of cofees has not
yet been reached, and from all the informa-
ton that can be CLEANED from dealers and
brokers, there is a stability attached to this
staple which bodies high prices for some
time to. come. Although quotations on
coffees are unchanged, for the reason that
present supplies admit of great deal of
cutting" yet the figures given would al
low but little margin if based upon present
eastern values. Sugars are at stand still,
and will probably harden; standard is
worth 1011al02lc here, but might be shaded
other grades in proportion. Cheese are
better prices; they are worth l5c on the
reserve for choice factory. Spices quite
firm. Coal oil unchanged; closing firm.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27

The market has ruled quiet with frmer fael
ing In nearly all grades The movement is prin-
cfpally in foundry irons, although there Is an
improved demand for mill grades. Car wheel
brands are in light demand and quotations are
entirely nominal. ADDY HIM. a co
CINCINNATI, Jan. 26, 1874.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
GENERAL MARKETS.

mONDAfs jan 20.
NEW YORK.-Cotton dull and lower; mid
ding uplands, l6c; futures closed steady sales
of 81 200 bales, as follows: January, l5@l5 l-32c;
April, Is S-3S9l61zc; May, is l5-32gI61lc; June,
Is lS-l6@l67sc; July, lT3-l6al74c. Flour in mod
crate demand and higher; superfne western
and stale, So 1896 %; common to good, IS 55
as 50; good to choice, S797 35; white wheat
extra, 81 356S; extra Ohio, So 60dS; st. Louis,
So 96all. Rye flour and corn meal qziet.
Whisky steady at 99c. Grain-Stock OF grain
els; corn, 584 900 bushels; oats, $4,000 bushels
barley, $1,000 bushels; rye, 1000 bushels; peas,
1900 Dushels malt, 80 900 bushels. Wheat in fair
demand and higher; receipts. $4,000 bushels
No. 2spring, 81 5S9l 81; No. Milwaukee, 81 ga
81; Iowa spring, 81 5Sa1 %; No. Minnesota,
81 6S6s1 81; No. spring, 81 So; white Indiana,
81 IS; white Michigan, 81 5l S71zc; white spring.
81 65@l 81; common winter red Illinois, 81 81.
Rye frm. Barley scarce and tending upward
western, 81 so. Malt quiet and firm. Corn dali
receipts, 1900 bushels mixed western,
S3dS6e; new yellow, S79S9c; old western mixed,
afioat, soc; new white western, SSd9Oc; old waite
ditto, 9ic: old and new naked western, SSc: I'M
settled and scarcely so much doing; receipts. 49,
600 bushels; mixed western 63@64c; white west
ern, 6i965c. Hay steady; shipping, 81 05sl 10.
Hopssteady; good to choice, 30(gi0c; low to fair,
20G25e. Coffee firm. Sugar tirm and higher
Cen trifugal, S%6S lille. Molasses quiet. Rice
quiet. Petroleum easier; crude, 6141954c; refined,
40. Turpentine, ISc Eggs quiet; western andCan-
prime, sl4; prime mess, $751; new mess, SIG q;
OLD mess SIS SIC. Beef and cut meats I'M
changed. Middles firmer; long clear, $50; short
clear SIC. Lard firmer; prime steam, spot and
February, sc; March, $500 l5-l6c. Butter and
cheese unchanged.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
1874 JANUARY 1874

All our goods, in every de-
partment, will be sold at great
ly reduced prices, in order to
reduce stock before invoicing,
February l..
We shall offer rare bargains
in all kinds of Winter Dry
Goods, Millinery and Notions.
N. 3. SMITH & AYRES.
TRADE PALACE,
INDIANAPOLIS, IND.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
TIMERS STOCK AND METALS.

The volume of trade at present being transacted
In this market is not large, and slight changes in
quotations, and trade improving since new year.
lin plate Is quoted, for IC, l0xl4. charcoal first
quality, at Si2 50 TX ditto, at SIS SO; and other
sizes at the usual proportionate rates. Copper
bottoms, &c. Brass kettle, 4Sc. No. q iron r.
&c; No. n iron G, 9-l0c. Mooreshead's galvan,
lied iron, . per cent discount from the list Zinc
per sheet, lie; per cask l01zc Pig tin, Straights
3Sc: bright annealed wire, Nos. o to s. &c per In
and other numbers at the usual advance, with a
discount of 25c for bright, and zoe for Laauered.
by the bundle; solder, timers, DC.
WHISKY
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
WHISKY.
Quiet'at Csc
CINCINNATI IRON Market.

Trade quiet. Quoted a.. ESQ SOC for unwashed.
nc for fleece and 4SG50c for tub washed and
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
........- 222,295

There is another item to be ia ken into con-
sideration in regard to the production, and
this is the shrinkage while curing for mar
ket. Last year the hogs were in good con-
dition, and the weather was cold and
meats absorbed salt slowly This
year the hogs were lighter and
the weather milder. Consequently
meats cured rapidly, and the lean portion.
which sustains the greater portion of the
shrinkage. tended to reduce the average
weight. In conversation with some of our
leading packers, they are inclined to the be-
lief that three per cent would cover the
shrinkage during the process of cutting last
season, while four per cent may be consid-
cred fair allowance for shrinkage this sea-
son. On this basis the result of the seasons
work, as compared with last year, is as fol-
lows:
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
LIVE STOCK MARKETS.

INDIANAPOLIS, Jan. %.
CATTLE-There were in the yards to-day 40
head. The market was brisk. Choice butchers,
stock in sharp demand. Sales were made of
best animals at 81 rs; fair to good, siG4 %; COM
mon and rough down to 50 so, the lowest
SHIPMENTS-The Pan Handle road took out
thirty car loads from Illusions stock yards
bound east, and more are on the road.
HOGS-Rece.pts for the week Kingan's,
$500; for Monday, 500. In pens, 5000; killed
1880. Prices are firm at s595 so.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27

AS the principal portion Of trading in the
provision trade is confined to pork, hams,
shoulders and sides, calculation may be
made of the production of these articles in
the aggregate for the two reasons, allowing
a proportionate reduction in wheat, as the
returns of the two seasons indicate, as fol-
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
COUNTRY PRODUCE.

The following is from the weekly price cirou-
lar of j. II. Budd & Co. for Monday, Jan. &c, 1874:
BUrTER-We have good market and do not
expect any material change In prices. We quote,
common, DC; sweet roll, &c; and &c extra for
occasional fancy selections.
EGGs-Owing to the exceeding warm weather,
eggs are rushing into the market and Cutting
il. The prices east are very unfavOrable-lOOks
as though they must still go lower before the old
stock can be sold. Below please find our paying
OricQg TODAY.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27

fEED-Ino cOnSumpJlNe CemanQ con-
tinues good. Bran and shorts are quoted at Sl49
Is, fine feed at sl59l6. and middlirgs at SlS@2O.
WHEAT-The receipts are good snd OF a good
quality. Throughout thestate the crop is look
ing very we'll, with larger breadth sown
than the past season. Red is quoted, in elevator,
at 81 S5Gl 40; amber, 81 409l IS, and white, none
IN market
CoRN-Dull; clear yellow shelled is quoted at
Coo; white, soc; high mixed, Coo, ear, SIC.
OATs-There is a large demand for this grain,
with but few offered at 459fSc for white per
bushel delivered in elevator.
RYE-But little on the market Quotations are
held frTa at 75c for choice grades.
BARLEY-Quotations are held atsl D.
BUILDING MATERIALS.
The building season is not begun, and for that
reason the market is unsettled, as no goods are
Cement is quoted at 81 25 per barrel. Plaster
Paris-Michigan, So 50; Newark, 81 per
barrel. Lime-Huntington 96c; Flat Rock, S2e
per bushel. White sand, 81 per barrel. Fire
brick, s35 per NJ. Fire clay, 75c per bushel.
Building brick, IS 5O99, according to quality.
Lath, pine, s. .. Hair, 4Oc per bushel. Nails,
les Cos, 81 so; IS and 9s 81 IS; Is and7s, S5 As,
s. %.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27

Calculating the decrease IN the average
weight of ten per cent, the average packing
for the season will be equal to LIZA 900 Of
hogs of last seasons average weight. The
numbers reported packed may be considered
large, but the fact that the farmers have sold
off their stocks closer than usual will proba-
blv Offset the reported decrease in the hog
crop early in the season.
AVERAGE WEIGHT.
In our estimate last year the reports indi-
Gated general increase in theayerage weight
over that of the previous season. This sea-
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
EBy Telegraph to the Sentinel


CINCINNATI Jan. %, 1874.
The receipts OF live stock at Brighton and the
Great Western Stock Yards for the week have
been as follows:
III
Hogs 947
CATTLE-strong and higher with scarcity
Of better grades; all selling.
The following were the closing prices per Gen.
Extra shipping 5Oa6 90
Prime butchers 5015 50
Medlun......... 5Od4 90
sHEEP-Firm, and under short supply. '' "
The following were the closing prices per GEN.
tai, live weight:
Good to prime Sos 90
H0GS-In active demand and higher; few
SIS 1896 50.
NEW YORK, Jan. &c.
CATTLE-Receipts yesterday and to-day, 900
head, making $500 head for the week, against
1870 head for the same time last week. The
quality is mixed, averaging fairly. The de-
mand is good, but under large arrivals, prices
fell about &c. A number of car loads remained
unsold. Quotations: 71l@s1Sc for poor to good
Texans, 9%6l0%c for common TO ordinary ma
tives. &c for medium to fair, and llk@
l2sSs f for good N to strictly prime ~
making 2S,lOO for the week. against $1,000 head
for the same time last week. A large business
was done, mainly at former prices. but the
market weakened st the close, and transactions
were at a decline OF H9Hc. No lots of really
poor sheep were shown, but several car loads of
unusually good. Prices ranged at 5skG7%c.
HOGS-Receipts yesterday and to-day, 9.46O
head, maxim 81 $50 head for the week, against
81, $40 head for the same time last week. Live
stehdy at 55zG5Ec, with car loads al 5s<s
Dressed in demand at 7@Sc for city, and 65k97Zc
for western.
PHILADELPHIA, Jan. 26.
CATTLE-Dull; sales 5000 head extra state and
western steers az 81 2507 IS; fair to good, S6a7
common, S4665 so.
sHEEP-In fair demand. Sales of 10000 head
at s. 25G7 ..
HOGS-Firmer at IS SOFAS 20.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
WINDOW GLASS.

Discount nifty 10 nfty -nve per cent. on ABOVE.
LUMBER-First and second clear pine, s55 per
NJ; stock boards, SIS. Josts, scanting, etc, less
than Is feet, 500 Is feet, s2; 81 feet. SO 50925
dressed siding. SD so; flooring, Georgia hard
pine, s45, and common, S30937 80, according to
quality; shingles sia4 80 for pine poplar, SO 40.
no al1oya ratai
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
DRY GOODS.

There was a more active movement in trade
to-day, manufacturers agents distributing a
fairaggregate amount of staple and fancy pro-
enctfOns 10 western and southwestern jobbers.
The local jobbing trade continues quiet. Cotton
goods are in steady demand and firKnin price
Prints active; Cockeco fancy prints reduced to
lOIzc, and Robes to lie. Woolens fairly ac-
tive. Foreign goods improving.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27
THE RESULT IN POUNDS.

The falling off in the weight of hogs is
larger than generally anticipated, while the
number is greater than many operators ex-
pected. Calculating the decrease In the
weight of hogs at about ten per cent on the
whole crop, the two seasons will compare as
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-01-27

The receipts Of live stock at Brighton and the
Great Western Stock Yards for the week have
been as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-23
A LEADER WANTED.
THE HOUSE OF REPRESENTATIVES WITHOUT LEADER
~ Gil. MI. I'LL. 1.or-ncu an :. ..c1rr .r1on

THE HOUSE OF REPRESENTATIVES WITHOUT A LEADER
TO SHAPE THE COURSE OF LEGISLATION.
iron A REGULAR CORRESPONDENT OF THE TRIBUTE.l
WASHINGTON, March 21.-The House is badly in
want of leader-not a political leader, however,
such as Thaddeus Stevens used to be, to sound the
keynote the discussion of party questions, and
whip in the rank and file of the majority when the
House divided. Such man would find little use
for his talents now when party lines obscure
that ofice-bolders and bigoted partsans can alone
see where they run, and when there is only lax
and formal allegiance to old organizations. What is
urgently needed is a man of force and nerve, who
will make it his duty to that the necessary bust
ness of the House is dispatched with tolerable
promptness. For want Of such leadership, every
thing is at loose ends -Four months of
the session are gone and there Is al
most nothing to show for them. The
calendars are clogged with important measures re-
ported from the Committees and there is no system
adopted for disposing of the mass of work that IL
accommodating. The chairmen of the different com
mittees recognizing no authority, waste time in
struggling for precedence for their bills And the
great majority of members exhibit such languid
interest in the ordinary business that up that
il is frequently difficult in full House to persuade
quorum TO vote.
The old leaders, who used 10 feel some response
bity for the conduct of affairs appear to have lest
their influence, or no longer care to exert it, MIR.
Dawes contents himself with making a speech now
and then and with attending to the financial meas
ures reported by his committee and rarely attempts
to grasp the reins and direct the of business
Mr. Garfield whose comprehensive mind once took
in the whole range of legislation, and who used 10
give promise of becoming an excellent business
leader now lets everything drift and has dropped
back into the position OF faithful worker in the
committeeman of Appropriations. Gen. Butler.
who possesses many of the qualities requisite for the
exercise of leadership seldom takes any interest in
any matters in which he has not an axe to grand,
and commands the entire confidence of no one. Mr..
Wheeler, who has ability and experience enough to
fit him for the vacant post, appears to have no am
bition to occupy it. In this absence of leaders,
number of small men have pushed themselves for
ward and by wrangling with each other, and talk
ing for talks sake, seeking to gain prominence.
No one among them exhibits the least ability for
shaping and directing the legislation of the session.
The House is turbulent mob that looks in vain for
cheftain and the little business that is transacted
gets through more by the machinelike operation of
the rules than by any intelligent direction.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-23

A NEW BILL TO BE REPORTED BY THE SENATE COM
MITTEE on FINANCE-AN ISSUE OF Sl04,5OO,OOO
OF NATIONAL BANK NOTES IN PLACE OF $751;
100000 OF GREENBACKs PROVIDED FORA FREE
BANKING PROVISION.
lBY TELEGRAPH TO THE TRIBUsE.l
WASHINGTON, March 22.-The financial debate,
which is to be resumed in the Senate tomorrow,
after the morning hour, will be directed by the
Finance Committee from the pending question to
new bill, which they have been two or three weeks
in preparing As is already known, this Committee
is divided into three parties-the specie payment
advocates. Messrs. Fenton, Morrill, of Yer
mont, and Bayard; the expansonists,
Messrs Ferry and Wright; and the
compromise men, Messrs. Sherman and
Scotland all attempts to harmonic them have,
thus far, failed. The bill which will be reported by
the consent of all of the members of the Committee,
will receive the support of only three Two MEN,
bers will oppose it, because it does not contemplate
sufficient expansion; two others will probably vote
against it, because 1T contempates too much expan-
sion: and three understood to be Messrs Sherman,
Scott and Morrill, will support it, The bill, full
COPY of which is gwen below. authorizes the issue
Of slO4 900 of National Bank notes, in place of
900 of greenbacks to be withdrawn. The bill
is as follows:
BILL provide for The redemption and reissue Of United S' notes
and for free banking
Be Il enacted, DC, That the maximum limit Of United
states notes is hereby fixed at sSs2000Oeo, at which
smount it shall remain until reduced, as hereinafter
provided.
SIC That on the first day Of January 1876, the Sec
rotary OF the Treasury authorized and required 10
pay demand At the office of Assistant Treasurer
in the City Of Sew-York, to any holder OF United
States notes TO the amount OF 1000 any multiple
thereof IN exchange for such notes. equal amount OF
the gold coin Of the Unedstates lieu Of coin he
may at his option issue In exchange for said notes an
equal amount Of coupons or registered bonds Of the
United States IN such form ashe may prescribe, and Of
denomination Of city dollars Or some multiple Of that
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-23

obligation Of the Government to help support the
schools in Washington, on account of the large
number Of officials, clerks, and other employees
whose children are educated here, but who pay no
taxes, had been fully argued.
GENERAL PRESS DIsPATCHl
At a meeting of the District of Columbia lnvesti-
eating Committee on Saturday, the counsel for the
memoralists offered to put in evidence number Oh
letters and other manuscripts showing the OK
perence of other cities with regard to patent pave
ments. The counsel for the District authorities
objected to the acceptance of such unswom state
ments, and the Committee then adjourned till i
o'clock.
After the recess, James NJ. Latta of the firm of
KilbOurne e. Latta was examined, and in answer to
questions put by the memorialsts' counsel, stated
that Jay Cooke & Co., in the year 1871 advanced 10 his
firm for Haliett Kilbourne trustee, $4,000, and that
this amount expended for said trustee in the pur-
chase of property situated in the northwestern part
of Washington City. Among other things, the wit
stated that he had purchased considerable real
estate trustee for various persons some OF whom
reside abroad. Prompted by list of such pur-
chasers furnished by the counsel for the memorial
lists. Latta designated good deal of the property
therein contained as having been SO purchased by
him, the deeds in all cases having been made out in
Ills own lialle rs tfusJtc.
To sustain one charge of conspiracy by prominent
contractors, the memOrialists placed on the stand
J. s Zugg of the firm of Zugg IL Co., who stated
that himself and Lewis CIopbaue and John o. Evans
constitute said firm which has been in partnership
since January, 1872, during which time they have
been engaged in the stonecrushng business, selling
their broken stone to all purchasers applying The
partnership invested $22,5OO IN the business for
machinery. They now owe $4,000, and could
sell their mill for about $l1,O0 consequently lose
S1l,5OO Lewis Clephane was summoned, as Col
lectOr of the District of Columbia to show record of
amounts deposited with that officer as security by
parties bidding for contracts The counsel for the
meoralsts called for all the bids for contracts of
the date of Sept. l. 1872, which were furnished by
District officers
Considerable debate was made during the progress
Of the investigation as to what was proper evidence
to be admitted by the Committee, and Mr.. Wilson,
one of it's members, said the Committee wanted all
the hearsay evidence they cOuld obtain-not what
they knew alone, but what they had heard. This
would indicate that the investigation is designed tt
be directed over wider range of inquiry than has
been heretofore supposed.