Omaha daily bee., 1889-10-21
Money Reported Tighter During the
Past Week.
GOOD INCREASE IN oLeARlNes
An Active Demand For Funds From
City Jobbcrs-Ncbras as Grow
ing Importance as a 1.-Two
Stock Center.
In Loca, Commercial, Circles.


actual transactiors and are clean and not
stuffed. the commercial situation is very
accurately represented by them. Money is
tighter than It was last week and seems to
be growing tighter. There is
very active demand for money
from city jobbers who about
this time are accustomed to discount their
bills for fall and winter purchases. Then
the wants of tho country are manifested
earlier than usual. Nebraska will become a
great cattle and sheep feeding state this
year and next. The shipments of cattle aud
sheep from the surrounding states at the
present tinno are far in excess of any pre-
vious season and are very heavy; our enor-
mons crops and our even climate have at
tracted the attention of feeders who seek the
cheapest market for their needs and the
plains and hills of Nebraska will be crowded
thb winter ana next spring with
stock driven here TO consume
the surplus of our sranaries and
this means that our farmers will have a
better market for their products than they
thought 1t wise 10 expect when they
saw at the close of harvest so great a surplus
of corn and small grain as the result of their
toil. Good judges and we'll posted men say
there will be more stock fed and shipped
from this state during the ensuing six
months than ever before IN It's history.
General trade is very good; there has been
some lessening Of the demand for woolens
and the heavier winter goods owing to
the mild, bright weather prevailing, but
dry goods iobbers say trade Is better
this year than last and prices are unchanged
but firm. In groceries the sugar market is
off and a decline of fully &c per pound is
noted. Mr.. Spreckels' factory starts up
next week, and as he will have about one.
fourth of the consumers requirements to
SELL the trust Is meeting HIM IN advance by
cutting under what they consider a normal
proit. 1t seems certain that this country
will be able to buy sugar this winter as low
as Europe buys the American sugar product
afterpaying freight from our shores TO theirs.
Coffee is dull and weak and buyers are TAX
ing only what they want for immediate use.
The feeling seems TO be that the crop for the
year will be larger than has been promised,
and while Rio reports no great surplus, the
accumulations at Santos are heavy and prices
are likely to go lower.
The drug market is fairly active and
prices are firm. Shelf hardware is selling
freely, and demand for bar iron, nails, etc,
is very good, influenced by the promise that
higher prices are almost certain to prevail.
Paints and oils are steady and window glass
is up per cent and very stiff.
There is very fair demand for lumber
and building materials from both city aud
country trade, but the market is not strong
and concessions are readily made on round
lots.
Collections are pretty good from the coun.
try though it is necessary to poke them up
considerably, and to obtain satisfactory re-
suits there are some credit men wno think 1t
will he necessary to carry over fully as
large crop of delinquents as usual, and
this will probably be the case if farmers de-
eide as class to hold their crops and feed
rather than sell at the low prices quoted
What is wanted Just now to make the peace
ful agriculturlst feel good and cheerful is a
bloody and prolonged European war.
City trade is fair and improves daily. All
that is needed to gladden. the hearts OF our
city retailers Is q spell of cold weather, and
il rain could come with it for few days
trade would be good. City collections are
quiet.
The movement of canned peaches is show
ing gradual Improvement, and TRANSACTIONS
at first hands as well as the business be-
tween iobber and retailer are invariably at
firm prices, particularly where brands of
positive merit are concerned.
The New York Commercial Bulletin says
that the condition of new pack tomatoes re-
ceived in delivery on contracts is turning
out to be quite the reverse of satisfactory
last few days. Many lines are found to be
. faulty in color, poor in flavor, and watery, q
result of the wet weather during the season.
Sugar is In moderate demand at easy
OFFICES. AJ INC ldGcSU ChtcS ltle aggregate OF
the worlds visible supply of sugar was
403 159 tons, against 100000 tons week
earlier and 4G9 254 tons year ago.
IL is now announced that the Alaska sal
mon pack will aggregate 500, 900 cases instead
OF 100000.
Reports from California indicate q con-
tinued hardening tendency there to prices
for evaporated fruits in general. Previous
advices of growing scarcity of stocks in first
hands are confirmed, while the demand is
IL hoy
advanced about 1c per pound during the past
week.
The market on mackerel is very firm, and
IL is surprise TO many that they are bought
at the present high prices, but the demand is
very good, and lots are sold as fast as they
arrive. Prices go higher and higher, and
the fish long ago ceased to be n common
article of food, and became luxury. They
are vastly dearer than most kinds of meat,
and 1t seems surprising that they should be
80 eagerly sought after.
Coffee Is plenty and fairly active at cur
rent prices Cables from Rotterdam give
the stock III Europe October l as 167l 100
bags against 1881, 900 bags September l,
1889, and l.306, 400 bags October /, 1SSs) thus
bringing the visible supply of the world to
2930.674 bags, against 3,09G,5S9 bags Sep.
TENDER !, 1885, and 1874, ,223 bags October l,
1889. The New York coffee exchange calcu'
lations to October l make the grand total
consumption of coffee in the United States
and in Europe in July TO September in
elusive, or three months, 2,36s. 402 bags
against 2, 1881 $50 bags in the same time IN
the preceding crop year. Receipts at Santos
are 3, 400 bags per day and average receipts
in Rio about 5000 bags per day The re-
ceipts at the latter port are generally much
larger than in the former.
Chlcago's stock of flax seed at the present
time amounts to 30i, $40 bushels, against l96,
200 bushels October 3, 1889, and l2i OF
bushels October 13, 1888.
The Minneapolis flour mills made last weel
16S 900 barrels of flour, against 16i 200 barrels
for the week previous and $4,000 barrels fol
the same week In 1883.
In Minnesota and Dakota the country
marketing of last week was the largest OF
any SO far on this crop,
Farmers are said to be discouraged as Ia
the outlook for prices Of corn. A large
quantity is being cribbed for another season
Pig-iron has advanced IS per ton, or nearly
81 per cent, in the last six months.
With few exceptions the winter whea
crop is claimed to be seeded.
The United States treasury now holds
e305, 1927 AGA of gold coin and bullion, $2SS,
352 $50 of silver dollars and bullion, ant
$3l ,4S5,i if2 Of legal tenders. The gold Ger
tihcates In circulation at the present tint
amount TO tl1S, $50, 162. the silver certificates
70 s2s7, 153, l62, ana the currency certificates
to 3,340O00. Bonds held in The treasury I,
secure national bank circulation outstand
Ing include the following;
currency 6's.................,..t 1896, ,OO
Four and half per cents....... ,65
-Four per cents. ..... 0l,631, 90