Omaha daily bee., 1890-04-28
THE WEEKLY TRADE REVIEW
A Good Demand for Loanable Funds at Sat
isfactoy Rates.
JoBBERs REPORT A FAIR BUSINESS
Prices for Staples About Steady-G Good
Demand for Green Fruit-Wool
Continues Active-CoE
fee Quiet.

Tho clcarings for the associated banks OF
Omaha, as reported by Mr.. Hugcs. manager OF
the clearing house, for the week ending April
20, footed A5ls VI, an increase of 30 per cent
Balances footed tl,3jG, 500.
The local money market has been decidedly
more active the past week, and bankers who
had feared that the demand from satisfactory
parties for loanable funds would not be sufi-
cient to relieve them OF as much of their
surplus as they wished, have been
agreeably disappointed, and the feeling
In financial circles is one of contentment with
the outlook. Rates are steady at per cent for
strictly prime mercantile paper while good
names In outside lines are readily taken at so
~ per cent, The Omaha National, FIRST
National and Commercial have placed very
considerable amounts Of money at fair rates
to outsiders during the week and can very
readily take care uf as much more paper made
by the right parties The Nebraska and
United States National likewise have good
loanablo surplus, but none OF the banks show
any disposition to handle any but the best
paper. -,
and orders by mail and from travellers are
numerous, but not large I'm amount, as buyers
still pursue a hand-tu-mouth policy, but there
sonabIc goods. Much of the depression in
trade circles Is undoubtedly due TO the fear
that prohibition possibly may be saldlcd
upon the state by fanatics and destitute
ohicc-seekcrs this fall and 1t behooves deal;
ers throughout Nebraska to organize and
work To prevent the total stagnatlon OF trade
which must come should values be jeopardized
by the success uf these marplOtS to business
Prices for staples are. fairly steady. In pro-
duce. dealers report a fair demand for choice
grades OF Duttcr with liberal supply. Choice
creamery is worth liHl6c; dairy, l%Dlic ana
good country butter. Glgl0c.
Cheese is quiet, with, II good deal of poor
stock in the market. Eggs are hrmer and III
smaller supply and are quotablc at lOc per
dozen.
and the market has been fairly active. straw
berries have come IN freely and sold at $500
80 for choice shipping, per 2i-gnart cases
pineapples and bananaSa are In good request
and prices for oranges, lemons and bananas
Poultry has been. shipped literally, and
found "A slow market for chickens and ducks
at Si.O0lt3.50 per dozen with fair demand for
turkeys and geese
Dressed veal is in good demand. Beans are
more active. Onions are slow and rather
weak
In groceries the coffee market has been
were somewhat frincr toward the last of the
week, but with a quiet market, prices are not
higher and there is not much prospect OF any
variation in quotations for the present
In dry goods the cotton goods market Is Is
6Imer with an advance noted in bleached
and low grade brown cottons.
The wool market continues fairly active act .,
lbs. against st l.G5ooo6 i lbs last year
The Northwestern Miller says OF hour. ING ,hG
Hour market i strong, put sales are res ricteu
equal the manufacture. The export ship
mcnts for last week were 1870 barrels against
1850 bushels of wheat received for the week
ending April -, against 52J.4SO same time last
Hour 1lo, isf barrels, millstuT, Alb tons.
The spring wheat crop. has gone into II, TIE
grounds under the most promising c9ndi-
lions II 1t late, but otherwise there is no
justiiiablc complaint from any large section
of an untavora Bile situation. There has been
more or less rain the last few days throughout
the northwest, the heaviest showers falling
where they were needed the most, There ap-
pears to be no place now suffering FOR rain,
The New York shipping List and Price Cur
rent says of Brazil coffee: A quiet feeling has
prevailed during the past three days, very lit
Tie fresh business having transpired in either
options or invoices ana the market mas ulS
played an easier tendency with respect to val
ucs, which have shown irregular lluctuations, ms
Options gained 1890 points on Monday on the
strength OF frmcrcablcs from Rio, and lost
most OF this advance yesterday in sympathy
with the easier advices received from Europe,
while invoices have been difficult of sale at
the lowest prices current last week. The in
difference of buyers appears to have been due
chiefly to the slow di,tributive movement, and
the fact that dealers are already carrying
pretty fun stock while the drift, OF, opI
influence in restricting trade. so far as the
statistical position of supplies Is concerned
there has been no material change either III
the primary or terminal markets. There has
been less disposition TO sell on the part OF the
holders in Brazil and there has been scarcely
anything offered from London, while dulncss
appears to have been the controlling feature
both here and there, and has resulted in devcl-
oping the same easy tendency. In other words
trade has been in "a waiting attitude, and in
voice values, while quotnbly unchanged, nave
ruled in buyers favor. The sales reported
since our last issue have comprised loo DaES
Santos spot nj fSs cents, and 1000 bags RtC
Nos. and 5, l7's. Yesterday there was scarcely
offered ut comparatively lower prices and 4
considerable concession from the last salt
failed to meeO with response from buyers, and
The fax seed market is bare of seed tit FOL
sowing and as high nS $3.50 per buShcl has beer
offered for choice seed ana refused.