Omaha daily bee., 1888-11-18
THE CONDITION OF TRADE.
Clearing House Returns Show a Fair
Increase for the Week.
RESULT OF THE ELECTIONS.
The F!our Market is without Life, and
Millers are Talking Of Forming
Trusts - Sugar Is Weaker
and Declining.

The result Of the elections has had no APP
probable effect on the money market here
more than elsewhere, and rates are un-
changed and the supply equal to the demand.
The movement of merchandise is season
able and trade is fully up to expectations,
clearing house returns showing a fair in
crease over the corresponding week of last
year.
There has been no material change in
prices. Sugar is weaker and declining, Rio
coffee is in very liberal supply, and the tend
encS Of prices is lower. The -four market is
without life, and millers are talking of form
ing trusts to curtail production. Minneap.
oils millers continue bullish, however, and
MIR. Pilsbury insists that flour is cheap at
present prices, and will be dearer before
New Years, having written to iobbers here
to that effect. =
The local produce market is fairly sup.
piled. There is a strong demand for first
class creamery and dairy butter, while
poorer grades are neglected.
According to the Cincinnati Price Current
the yield of the cereal Crops in this country
this year amounts to the following: Wheat,
405, GOO, 600 bu. [: corn. !, 1850, OOO, 900 bu.: oats,
800, 900, 900 bu. rye, %, 600, 900 bu. barley,
$4,000, 900 bu.; buckwheat, II, 900, 900 .bu.,
total for the six cereals, 3,l63, 900, 600 bu.
This is the largest aggregate production re-
corded, the nearest to it being in 1885, when
the total was 3,0l5, i39, 800 blu.
In the production OF pig IRON Great Britain
retains the lead over all competitors, al
though she is now being closely pressed by
the United States. Germany is third in the
list, but far below the two leaders. France
is fourth.
The United States is perhaps the greatest
consumer Of lemons in the world. One hun
drcd thousand boxes it is estimated are used
every week. Each box contains from 300 to
3i5 lemons. New York is the principal point
of distribution.
Since April | India has exported 20, 0OO, 900
bushels of wheat, against %, 42O, 600 bushels
in the same time in 1887.
France, with a population of IS, zoo, 900 con-
Bumes as much wheaton bread as the United
States, with a population of 90, 900, 600.
The season for shipping western range cat
tie is nearly ended. On an average prices
have been higher than during the season of
1897, and as cattle are now IN good condition
and feed is plenty, the range business is in
much better shape than a year ago. Mon
tana cattle have sold far the best, though
northern Wyoming ranges also at good
prices, being much better in quality than
last year. The southern Wyoming and Col
orado cattle have not improved so much in
quality, and consequently they advanced
less.
.,iackerel are scarce and so high that the
consumption is checked. The total catch
I will not foot up much, if any, over 10000
barrels, Just about half the catches of the
two previous years. In 1885 the catch to
date was 1929, los barrels, and in 1884, 4lS,4lS
barrels.
Coffee is in fairly active demand, and mild
grades are firm at the recent advance, but
Rio coffee is plentier and not so strong. There
are 292, 900 bags of coffee IN Rio de Janciro,
and Havre holds 3OS, 600 bags, including
1874 600 bags of Brazilian coffee. The stocks
of Brazilian coffee in first hands at the
American seaboard and atloat for our shores
are as follows:
Bags.
baltimore. 24,5So
New Orleans. 2i,O5l
Total stock .23O,S22
Afoat from Rio per steam. ....... ...15l, 900
Afioat from Rio per ail.............. 5000
Aiioat from Santos per.steam and sail. 4l,0W
."'.''415'Saa
The Electric Sugar Refining company's
stock is reported as being quoted as low as
so or 80 (par value 1907. If this report is
true IL shows a very decided break in prices,
as 4I5a5O0 was quoted about two months
ago. The result of the electric refining
scheme, should it prove successful, would be
highly important, as it is said that in that
event a syndicate representing a conditionally
pledged capital of l 5,O0O,0 600 will at once
build refineries in all the principal markets
of Europe and America. Its representatives
are said to have already arrived IN New
York, and are waiting, together with repre-
sentatives of the English capital invested in
the process itself, for the developments prom
ised by the promoters.
The following table shows the stock Of
flaxseed IN Chicago elevators on the dates
named:
Grade. Nov. TO- SS. Nov. 3,'SS. Nov. 1887.
No. |, bu.. .239, 500 239, 2l0 3l5, 1853
Rejected, blu. 5,0lS 5,l0S 22,3T4
No grade, bu. ...... ...... 1856
Total. ..... .244,S2 PAL, 31S 1897, 1898
Railroad earnings appear on the surface to
be quite satisfactory. The Financial Chron-
icle gives the gross earnings of 100 roads
during October rs $40, AS 5S, an increase of
1923, 5S3; of pinety-scven roads from January
l to October 81, S244, 33l, IA, an increase of
81, sol, 1914, and of ffty.six roads for the fourth
week of October as S6,512, 452, an increase or
$3.50, G57, or 4.l2 per cent as compared with