davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal., 1886-02-03
INDIANAPOLIS MARKETS.
The Bank Scare Observation-Disclosures Again
Getting Down to Business.


Getting Down to Business.
INDIANAPOLIS, Feb. 2
The bank scare of Monday having in a large
measure passed over, business men to-day gave
their attention to trade A large number of
country merchants were in to-day, and consider
able activity was noticeable in nearly all depart
meats. Country merchants say the roads never
were in better condition. Farmers can, in this
State or in Illinois, wagon or sled their
corn to market, and they are well
improving the time. Dealers are replenishing
their stocks in the hand to-mouth way that is
| usually followed at this season of the year; but
advices from almost every section of the interior
| report trade in a healthy and encouraging eondi-
ton, the volume of business being not only in
excess of last year. but promising to be steadily
maintained. The New York Shipping List, in
commenting on the condition OF business gener
ally, says: "The tendency has been steadily
| toward restricting the producing capacity of in
dustrial enterprise and the using up of surplus
stocks. We were the first to reach a readiust-
| ment of supply and demand that admitted of ex-
| panson in order to mete out actual require
ments. and the fact that our improvement has
not afforded the rest of the whole an oppor-
tunity to market it's nrpus supplies, is the best
indication that liquidation is slowly accomplish
| ing abroad what it has done here. Take sugar
| as an example. Ayear ago the markets OF the
| world had become surfeited with supplies, on
account of the over-productiOn of the beet in
dustry of Europe. Since then the acreage de-
voted to the cultivation of the root has been re-
duced, and the crop promises to show falling
of that will restore the lost equilibrium, and
sugar has advanced in every market in the world.
Then again the iron and metal industries of
Europe have been slowly iouidating their surplus
stocks, and working into position that resulted
in revival here. and developed the elastic prop
critics of trade that so long had remained DOR
mant In word. the world has been gradually
getting rid of the burden that weighed down
| commercial enterprise, and in the universal ef-
fort that has been in progress. this country has
| first liquidated its unwelcome load Taken as
| whole the world has produced less of everything
during the past year. while consumption has in
creased" In prices there were but few changes
to-day. Receipts of eggs and choice butter have
fallen off of late. and prices consequently are
| irmer. Poultry selling well, prices steady.
Irish potatoes are in light supply and prices are
strong. Apples still plenty and cheap. The
| provision market retains its strong tone. There
| is better tone to the flour market, but prices
| still rule low.
| The local market was in much the same posi-
| tion as on Monday; possibly dealers took hold
| more freely, but prices ranged much the same.
Below we give quotations based on prices at
which nrnnartv raadilv Sofd.
The Indianapolis journal., 1886-02-03

meats firm; picked bellies 54S5sc; middline
steady. Lard .020 .03c higher. Western steam
spot quoted at 6.45 06 47ac; February. $40
6 Acc: March, 647a6 4Sc: April, 654 06. 55c;
May, Gel 06 62c; June, 666c; August, GS1c.
Cheese quiet firmly held.
Lead dull. Other articles unchanged.
CHICAGO, Feb. 2-There was very apathetic
feeling in the wheat pit during most of the ses-
sion to-day, although some interest was excited
during the first hour, owing to the moderately
free offerings of several large local operators.
The visible supply figures correspond very close
ly to the estimates made by the traders yester-
day, and its publication had no effect upon the
course of values. The cables were quite weak
in tone, which aided to depress the feeling here.
May delivery began at See. sold off steadily to
o54c, rallied to S5ac, and closed at o'clock at 85s
00o2c In the afternoon very few trades were
MADE, the market closing at S5sc asked for May.
There was no feature to speculation in either
corn or oats, and prices showed very little
change Mess pork, on the contrary. was mod
erately active and very strong. May delivery
advanced to $l1. so in the afternoon, closing at
that figure.
Flour steady and unchanged
Wheat opened steady, sold off &C., rallied ac,
closing &c under Yesterday. The sales ranged
February, 79s q 804c. closing at 805c; March,
oos a soc. closing at Sole; May, S54 a. &c., clos
ing at So 1116c June, 86z 087ac, closing at Sic;
No. 2spring, 8008lac No. 3 spring, 7lac.
Corn quiet and steady; cash. SO 5-16c; Feb
ruary, Sc 1-16a36 16c closing at 36 3-l6c;
March, 36 sic a 36sc, closing at $3.50; May, 40
5-l6040 7-16c, closing at 40 5-16c.
Oats steady cash, 28a 029c; February, 28 9-l6c;
May, 3l5c. Rye frmer; No. 2. 5Sac. Barley
steady; No. 2 60c.
Flaxseed quiet; No. l, 81. 122.
Mess pork active and stronger. The market
opened 10c higher, advanced 507ac additional,
receded 10c. but rallied again to medium figures.
closing steady; cash. $11 20; February. $11 $50
1l22a, closing at s1l. 90 22a; March, $1I Is q
LIS, closing at 1L22a a 25; May, $l1. 80
@11.45, closing at $l1.40 Lard quiet but firm;
cash and February. 6.12a 06 15c; March, STA q
620c: May 6 27a a g. Soc. Boxed meats steady;
dry-salted shoulders 8. 95 00c; short-rib Sides
5.5Oa 60c short-clear sides, 5.S0@5.85
Whisky steady at ST. .16
Sugars unchanged.
Butter firm; creamery, q 033c; dairy, 16025c
Eggs. 19a020!c.
On the afternoon board wheat was easy, May
closing at S5Sc asked. Corn oats and lard were
unchanged. Pork was stronger and u 10c
higher
Receipts-Flour, II, 600 brls; wheat. 1900 bu;
corn, l24 900 bu; oats. $4,000 bu; rye, 5000 bu;
barley, $4,000 bu. Shipments-Four, 10000
brls; wheat 900 bu; corn. $4,000 bu; OATS
$4,000 bu; rye, 1900 bu barley, $4,000 bu
The Indianapolis journal., 1886-02-03
CONDITION OF THE MARKETS.
The Wheat Pit Very Dull and Apathetic
During Almost the Entire Day.
Corn and Oats Show No Speculative Features
and Very Little Change in Prices
Provisions Moderately Active.
MONEY, sToCKs AND BONDS.
Active Business in Railway Bonds-A Boom
in Tn

Active Business in Railway Bonds-A Boom
in Coal Stocks.
NEW YORK, Feb. 2-Money on call was
easy at Ii a 8 per cent, closing strong at 3 per
cent
Prime mercantile paper 405 per cent
Sterling exchange, was quiet and firm at
a. 81 for sixty days and ST. SO for demand
The total sales of stocks to-day were 554, 282
shares, including the following: Canada South
crn, 80, $50; Delaware Lackawanna & Western
158. .220; Delaware & Hudson, 1862; Erie, 22,-
9S5; Kansas & Texas, 1924 Lake Shore, 64.-
491; Louisville g. Nashville. ID 700 Northwest
ern, 1850; New Jersey Central, %, 676; New
York Central, GIGS; Pacific Mail, 1860; St
Paul. "a, $50; ST. Paul e. Omaha, $500; Union
Pacific, 10000; Western Union, 1885, North
srn Pacific preferred, Il, ,605; Oregon Transcon-
tinental H. 49,
Government bonds were dull and steady.
State bonds were very dull and frm.
There was an active aud well-distributed bust
ness in railroad bonds. The total sales
amounted to SO, 672 900. without special activity
In any issue. Prices are generally higher
The coal stocks have had genuine boom to-
day, Notwithstanding the fact that the pubica-
tion by the Pennsylvania Coal Company, yester-
day, of its present schedule price. showed a
heavy reduction from the schedule prices Of the
past year, and the further rumorS that the
other coal companies had met the Pensylvania's IS
prices. Lackawanna opened / lower at LIE,
the lowest price at which it sold During the
forenoon it rose steadily to 1861. In the last
hour, however, there was reaction to 124a, and
it closed ] higher, with net gain of per cont.
and with sales of 158 900 shares, over 28 per
cent. of the total days business. The street was
we'll supplied with rumors intended to show the
cause of this advance. including story TO the
effect that the Pennsylvania railroad was to Sc
cure control of the Reading, and that the Lack
Rwanna Lehigh Valley and Pennsylvania rail
roads were to control the coal trade of the
future. None Of them could be either verified
or disproved, and the advance is attributed to
manipulations Delaware & Hudson, in sympa
Thy, made net advance of II, and Central of
New Jersey 5, but Reading lost /. Lake Shore,
Western Union and St Paul contributed % per
cent. more to the total transactions, and the re-
mainder of the business widely distributed.
The total sales were 554, 284 shares. With a few
exceptions the general list other than those
stocks already mentioned, was fractionally low
er Northern Pacific common, however is down
r. Among the grangers. Northwestern made
q net loss of and St Paul ). Lake Shore is
unchanged, and New York Central is lower.
Western Union sold up to 73a and closed lower,
with net advance of !. Union Pacific is up :,
and Oregon Navigation and Missouri Pacific
each J.
The market closed with the following prices
hid:
The Indianapolis journal., 1886-02-03

Yesterdays Quotations Produce at the
Two Great Centers.

Yesterdays Quotations Produce at the
Two Great Centers.
NEW YORK, Feb 2.-Flour-Receipts, IA, ,452
brls; exports g. 021 brls 1920 sacks; dull. Sales
L. 600 brls; common to choice extra ST. LOUIS
t3l505.40.
Wheat--Receipts, 1850 bu; exports, none;
epot lots steady with decidedly more doing for
milling, millers taking 128,00G bu amber Miehi-
gan at 93c. Options opened 3c lower. advanced
lose. afterwards declined o &c, closing steady
with recovery of 49sc. Sales 3,l30. 900 bu;
futures 100, COO bu spot ungraded red, 500 93c;
No 2 red, 911c elevator; ungraded white. 93Ic;
No. white. 94ac; No. 2 red, February, 80 09Osc
closing at 90sc; March, s1s 09Isc, closing at
911c; April 92i @ 92sc. closing at 92sc; May,
93i 94ac closing at 94sc; June, 94a 953c, clos
ing at 95c; December, $l.Ols
Corn--Spot lots fairly active and 4@ac better;
receipts. no. 400 bu: exports, Sl,025 bu; sales
76S, 600 bu futures. 284, 900 bu spot; ungraded,
47049ac; rejected. 46lc: No. g. Ats case; steam
er, 4S048.c elevator 49lc afloat, AIS 047sc Feb
ruary; 47sc November; 49a SOC elevator; steam
er white, 49c; No. 2 February, 49s 050c. clos
ing at 49sc; March, 49, ACC, closing at ACE;
April 48ac, closing at 48aac; May 49, 4Sac, clos
ing at 48sc June, 4Sc, closing at 4Sc.
Oats ! "a &c lower and dull; receipts, 49, 200 bu;
exports, 80 bu; sales, 900 bu futures. 60 600
3g043c.
Hay steady and demand moderate.
Hons quiet and nominally unchanged
Coffee-Spot fair Rio dull; options steady and
moderately active; No. Rio, 670c; Sales l3, $50
bags; February. 6.55c: March. 655c May, 6.60c;
June, 65c; July. 6 zoe; December, &c. Sugar
duh; c. 53S5ac; extra G, 5s05sc; yellow, Al a
Bic; cutloaf and crushed, 65c; powdered, ESQ
&c; granulsted. 7-1606sc, cubes, 6 l1-l6c.
Molases quiet and unchanged. Rice steady anc
demand moderate.
Petroleum--Unite firm at 83lc. Tallow dull
and easy Rosin dull Tnrpentin, quiet.
Eggs firm and in better demand; receipts, !, ,635
packages: Western, 220224c.
Pork steady aud in moderate dSmand. Gut
The Indianapolis journal., 1886-02-03
LIVE STOCK.
A Stronger Market for Butcher Grades of
Cattle-Hogs Active and Higher.

CATTLE Receipts 125; shipments none. Lo-
cal supply very light. Demand a little better.
especially on good shippers and feeders, and
market stronger on butcher grades; about all
The Indianapolis journal., 1886-02-03

NEW YORK, Feb. 2.--Cotton-The Post, in its
cotton resew. says Future deliveries opened 2 1OOc
higher, gained 2-10Oc in addition, lost g. lOOc and
sold before and at the third call prices ranging
2-1O0c beyond yesterdays closing quotations. At
the third call March brought 9.17c; October, 925c;
April was offered at 9.27e May, at 9.37c; June at
947c; July, at SEC; August at 9.65c; September
at 942c. Futures closed steady at 2D3- 1OOc
higher than yesterday
NEW ORLEANS Feb. 2.--Cotton quiet; middling,
811-16c; net receipts, 1886 bales; gross receipts,
159 94S bales; sales, 1000 bales; stock, 3S7, ,294
bales.
The Indianapolis journal., 1886-02-03
Oils.

OIL CITY, Feb 2.-Petroleuni--Natonal Transit
certificates opened at 82l4c; highest price S35se;
lowest, S2i4c: closed at S3asc; sales 176 900 brs;
clearances 1858 600 brls; charters, S5. 1856 brls;
shipments. 73, $40 brls.
NEW YORK, Feb. Petroleum was quiet but
firm. Opened at 62s4c yielded to S2ssc, advanced
to S35sc, and closed at 63 bid. Sales, 5,519 900
brls.
PTTTSBURG, Feb. 2.-Petroleum duh but firm.
National Transit certificates opened at So3,c, and
closed at 1885, highest price. 1880; lowest 62a9c.
The Indianapolis journal., 1886-02-03
Wool.

PHILADELPHIA, Feb 2-The wool market was
firm at quotations. unwashed combing and delaine,
New Mexican and Colorado medium, 1S024c.
BOSTON, Feb. 2.--Wool steady and firm; Ohio and
Pennsylvania extra feeces, 32D36c; Michigan extra
fleece. 3l032c pulled woods, 25 140c.
NEW YORK, Feb. 2.-Wool firmly held and de.
mand fair domestic fleece, 27036c pulled woods, IA
033c; Texas 9U22c.
The Indianapolis journal., 1886-02-03
Dry Goods.

NEW YORK. Feb. 2.--Dry Goods-The exports Of
domestic cotton goods for the past week have been
8, ,955 packages, and since Jan. l. 81 log packages
against 13 lob packages for the time last year
and 433 packages in 1884. The tone of the market
shows hardening tendency for all styles of staple
cottons while in all departments good trade Ia in
movement for account Of spring wants.
The Indianapolis journal., 1886-02-03
Louisville. New Albany & Chicago.

DEPART Chicago and Michigan City Mail 1910 pm
Frankfort Accommodation -..-..-. 445 pm
Chicago Night Ex daily, s......-.11:15 pm
Arrive-lndianapolis Night Ex., daily s.... $40 am
Indianapolis Accommodation 1000 arm
Indianapolis Mail --......... $40 pm
The Indianapolis journal., 1886-02-03
Evansville & Terre Haute Railroad.

Evansville Terre haute kaiiroad.
Via Vandalia Lime.
1--we Indpls 7:3Oam p*12.0Om f4:00pm s*l0:45pm
Ar Indpls.- 3:50am t1000am 3:35pna 4:15pm
Via l. & St. l.. Ry.,
I've Indpls A1O:5Opm f5:3Opm *11:55am 7:1Oam
Ar Indpls.. 3:45am f10:00am 3:35pm 625pm
Daily. daily except Sunday parlor car, Sleep
ing
These trains carry the magnificent Monarch parlor,
sleeping and buffet cars the finest run in America
between indianapolis and Evansville Cars are open
for passengers at $50 p. M Train does not leave
antil lO:45 d. m.
The Indianapolis journal., 1886-02-03
GROCERIES,.

CoFFEEs-Ordinary grades s0S1sc; fair, 909lac;
good, 1001Olac; prime, I2c; strictly prime u
012l9c; choice, 12i20 &c., fancy green and yellow.
Java, 1s@22c Roasted-Gates 1, Is lie; Gate
prime, 13l4c Arbuckle's. 13l4c Levering's, 13l4c;
Deworths 13l4e; McCunes 134c.
CHEESE-Common. 607c; good skim, S120 &c;
cream, 10011c; full cream Halle; New York, Ii
The Indianapolis journal., 1886-02-03
The Jobbing Trade.
CANNED GOODS.

Tomatoes-Two.IOund cans 750SOc 3pound
$1.O51I.40 Peaches-Standard 3pound, $I.750
, 1886-08-26
The Chinese Question

AT the Logan reception in Port
land the other day, Gov. Alger, of
Michigan, addressed the audience,
and among his remarks the following
upon the Chinese problem hits the
nail squarely:
After seeing all the beauty and
magnlflcence of San Francisco, we
took policeman and saw Chinatown.
[ shall not attempt to tell you what
saw. l have heard much of your
trouble on the Pacific coast over the
Chinese. l nave heard of acts of
violence against them. Let me say
that it is unmanly, un-American and
beneath the dignity of any person,
loyal to good government, that any
act of violence should be committed.
Applause. 1t l had the power ]
would say to the pagan kingdom,
keep your people at home. Applause.
While / would do no act of violence
to the unfortunate wratches, I would
say we want no more of them on this
shore. L believe they degrade white
labor. But they are leaving gradual
ly, and l hope the time is not far dis
tant when this country will be free OF
them. Until that time I bespeak
decent treatment for those who are
here and God speed when they leave.
Applause.
, 1886-08-26
Where are Those Pledges?

Yakima Republican: Voorhees, told
Us two years ago that if he was elected
the territory would be admitted forth
with, because his father, senator
and democrat, had great influence
with the democratic house, and would
help him to pass the bill. This argu
ment caused many republicans to vote
for Voorhees,. The senate passed a
bill to admit Washington territory,
but Senator Voorhees, did not even
vote for it. 1t went to the democratic
house and there died of neglect,
neither father nor son making any
effort to save it.
Voorhees, told US in the last cam
paign if we would elect him to con.
gress, he, with the help of his father
in the senate, would have the land
grant forfeited sure" The republi-
can senate passed bill forfeiting the
entire grant from Wallula to Portland.
Senator Voorhees, did not vote for this
bill. 1t went to the democratic home
where, without raising an objection
to it, our Delegate G. S. Voorhees, and
his father saw their democratic
friends vote to strike every provision
out of it and substitute in their place
a provision to forfeit the Northern
Pacific grant from the Missouri river
to Puget Sound. This grant, except
seventy-tve miles over the Cascade
mountains, had all been earned by
building the road. The president had
caused the road to lie inspected and
had accepted the same as a fulfill
ment of the contract on the part OF
the company, and as the granting act
provides, had proclaimed it to the
world. Neither Voorhees,, his father
nor anyone else with common intelli.
gence, believes that the United States
supreme court would sustain such an
act. They did believe that if they
forfeited the Columbia river grant
they would deprive themselves of an
issue IN this campaign, which helped
them to get into Office two years ago
The fact is that neither Voorhees,
his father, nor any other democrat IL
congress is in favor of or will vote tC
admit this or any other republican
territory. 1t is just as true that they
are opposed to forfeiture until after
the coming election, because it would
spoil their compaign thunder.
Still there are some we'll meaning
people who think voorhees, has tried
to do something" The truth is he
has tried to prevent forfeiture OF
admission for selfish or political rea-
sons.
, 1886-08-26
PRESERVING FISH.

EDITOR ARGUs:-I noticed commun-
ieation last week from Judge Swan, call
ing attention to \ -rwegian chemical
powder, used for pr, Fv.Eg fish.
Doubtless, this chemical powder has a
range Of utility, but word of caution
seems not u OF place The statement
that boracIc IF boric) acid is practically
as safe as common salt may hardly go
unquestioned- In truth the weight Of
authority is against the free and incau-
tious use Of this substance.
Thus the French journal (Pharmacie
ct Chimie) lately gave an account of ex-
periments with boric acid, in which the
amount given daily varied between ID
and 04 grams. In one case symptoms
OF poisoning ensued, while others were
somewhat affected. In late number OF
the New York Medical Journal, Prof
BARLEY Is qnoted as follows: "Boric
acid has caused death by absorption from
a wound where it was used as surgical
dressing"
Prof. Remington of Philadelphia says
IN a recent work, "Boric acid is well
adapted for such cases Ito prevent fer
mentation), as it communicates but little
taste. 1t has not been proved to be in
nocuous, however. and therefore should
he sparingly used"
Prof. Lander Brunton OF London says
on the subject os boric acid, ION account
OF its asserted power in certain cases, it
ought to be avoided, or employed with
care"
Let US suppose, now, that barrel OF
t1sh (nade up, say, of a thousand herring)
has three pounds of boric acid added as
preseryLtive. Then about $4,000 grains
of this substance have been added to
1000 fish. If only balf OF this amount
should be taken up in the tissues of the
fish. (which seems a moderate estimate,
the amount absorbed would be ii 500
grains. or III grains to each fish. Hav-
ing found 81 grains to be sometimes
poisonous, and that less than this
amount may act as an irritant, it will lie
seen that hungry person might easily
reach his medicinal dose before reaching
the limit of his appetite.
Judiciously used, and with proper at
| tending precautions, 1 think it likely
that rex maguus," ''boro slyceride," )"
and other substances of this nature, may
fill useful place; but it would seem
well to have the nature and use of such
substances fairly understood. For how
ever willing people may be to take their
medicine when they need it, they may
not want TO be fed with it to any great
extent, and especially without L moving it.
1 trust, therefore, that our esteemed
townsman, who has long made study of
the public welfare, will permit this note
of caution to go as an addendum to his
valuable article on fish preservation.
j. d. HALL.
Fort Townsend, Aug. "a, 1886.
, 1886-08-26
With Our Exchanges.

Granite Creek mines are pronounced a
total failure.
Mrs. Cleveland started the machinery
OF the Minneapolis exposition.
A band of 800 head of sheep from
Eastern Washington were shipped 10
Victoria today.
Nelson Bennett, the n. P. r. r. con-
tractor, has been arrested for taking
timber from government land.
The Seattle P.-L. speaks very highgy of
Chief Justice Greene as a republican
candidate for Delegate to Congress.
Joseph Ferguson. Daniel McKilligan
and Peter McMartln, arrested for cutting
timber on government land in Snohomish
county have been released ON $500 bail
each.
been awarded a contract to furnish
light for that city for one year. being
able to do it cheaper than any other
company.
The assessment roll in Skagit County,
just equalized by the Board of Commits
sioDers, foots up, in round numbers,
81 ,190,522 This is larger than last year
by about S240,000.
A great storm In Texas has caused
much damage to property, and thus far
ten lives are reported lost by it. No
such occurrences mar the enjoyment of
Puget Sound life.
A new game of cards is called 'matri-
mony.' II the man wins he takes the
girl; il the girl wins she takes the man.
This is the only game in existence where
both players are sure to be losers, no
difference how often they win.
Thursday afternoon the annual cleo
ton of the Oregon Railway & Navigation
company, which had been postponed
from June q, was held at the office of
Ladd & TiltoD, in Portland. The follow
ing directors were chosen: Elijah
Smith. Christopher Meyer, John FL. Hall
and Colgate Hoyt, New York; VIM. En-
dieott, Jr., Boston; Charles l.. Colby,
Milwaukee; and G. Il. Lewis. II. w.
Corbett, Henry Failing, w. s. Ladd, D.
P. Thompson vice VIM. NJ. Ladd So
far as could be learned the election is
not significant of any lease or sale to the
Union Pacific, or of any change whatever
in the management The new eastern
director, Mr.. Hoyt, was once one OF the
government commissioners of the Union
Pacific, and is interested in Oregon 4
Transco ntinentai, but he is not known as
Union Pacific man.