davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1896-01-25
SYNDICATE WILL T. THE BONDS.
Individual Members Likely TO Absorb
ihn Pnnulnr LINN.


NEW YORK, Jan. 2i.-Bradsteet's review Of
the New York stock market says: Decidedly
less consideration was given to the condition
Of the government bond issue this week. II
Is assumed that II Will he somewhat oversub-
scribed, though the prevalent opinion is that
the bulk OF the loan will be taken by the same
interests which formed the defunct Morgan syn
dictate. and that public subscriptions, so-called.
will be scattering and relatively unimportant.
The most significant figure in this connection
Is the evidence afforded that the larger interests
hltiohs ne plesutnuple supscIlDers nave aIeauy
prepared themselves thus decreasing the
pressure to obtain gold or greenbacks and visibly
relieving, the strain upon the money market.
OF a to ~ per cent, but the inquiry has slack
ened and transactieas are on a smaller scale.
The effort to accumulate legal tenders suggests,
of course. that some of the bidders are shaping
their Arrangements with the view to obtaining
their gold with which to make payment for
bonds from the treasury itself.
In the face Of conditions in the exchange mar
ket which induced the export of s2.s0,oc Of
from the United States treasury, about sl,1sO,
S smo, spesie era has ss,a come IN he from On ,na London naW and i, o, nyir
dent these transactions involve the purchase of
bills of exchange and produce the pressure on
exports are due. To this extent, therefore. the
preparations for the subscription are a positive
loss to the treasury gold reserve, which. at the
end of the week, is reduced TO only 81, 100000
The most important event of the week was the
meeting of the coal read representatives on
Thursday. The fact that production of lnthra-
cite in 1895 reached the enormous am unit of
1T, oDO,Ut tons uefnonsLrdleS tne uenoTHllLdtlNl
of the trade and the necessity of restricting
the output to figures nearer the consumptive de-
mand. The meeting was not Immediately pro-
ductive of results. The vital point in the situa-
ton is its distribution in a way to satisfy the
Readings demand for an Increase and yet n9t
tee was appointed to suggest n plan and report
on next Thursday. Delay seems inevitable. but
the belief is that n form of harmony and re
striction will be finally arrived at. Reading
securities were firm and higher. on the idea
that It's claim for an allotment for 2 per cent Of
the output would be substantially secured.
Omaha daily bee., 1896-01-25
STABLES INCLINED TO ADVANCE.
United States and Russia Control the
Wheat ~SurDlus,

NEW YORK, Jan. 2.-Bradstreet' tomorrow
will say: An analysis OF special kilograms to
Bradstreet's from the more important business
centers throughout the country shows consider
able irregularity In trade, the most favorable
feature being the tendency of prices of staples
TO advance. The advance OF 8 cents in wheat
again raises the question whether the beginning
OF the end OF the long period of depression OF
cereal prices has come. Supplies Of wheat for
leading Importing markets. are now controlled
by Russia and the uaited states. India as well
as Argentine's ability to ship Is much re-
stricted. compared with the previous years. and
Australia left the list OF exporters when she
began TO import whrat from San Francisco re-
Gently. Domestic wheat stocks are larger than
cartier Gtticial and trade estimates of them, but
the export demand has Increased so far be-
You'd what was anticipated. and gives so much
promise OF being continued. that the bulls in
he speculative markets are counting on higher
prices.
At such centerE as Chicago and st. Louis re-
ports are made that interior merchants have
been disappointed in the SEASONS business. and
are buying somewhat more sparingly than ex-
pectea. although many. lobbers at those cities
report that travellers for clothing. dry goods,
shoes and hardware houses are taking fair
oTdsIs tor sp1ng delivery.
Total exports or wheat flour included as wheat
from both ooasts OF the United States this week
Omaha daily bee., 1896-01-25
CHICAGO LIVE STOCK.
Receipts Though Light Were Sum
cient for the Wants of the Trade.

CHICAGO, Jan. 2L-Today's cattle receipts,
though light, were amply sufficient for the wants
Of the trade. Common TO extra choice lots sold
at from $500 to $3.50. with the bulk of the
transactions at from So 10 to $4,iO, exportors' pur-
chases being fairly large at from 81 to $3.50.
butchers cattle were In good demand, and sold
relatively higher than dressed beef and shipping
cattle, cow and heifers' sales neing largely at
from 81 to $685., while choice to extra lots
brought from $50 to 81. Calves were fairly
active and about Csc higher. There wHs cunsld-
cradle inquiry for stockers and feeders. Fair
| sales were made at from 1850 % $3.50. There
was a rather good demand for Texas cattle at
from 50 TO $i.l0; prices being about l5c lower.
/ In hogs the receipts were small. with a good
| than yesterday. common 10 prime selling at
The hog shortage iB admitted TO be very large
and the packing fraternity now admit that ;he
winter packing will show a material reduction
from that OF last winter. Choice medium
weights sold at the best, heavy weights being
Disseminated against, and the bulk az tie hogs
sold within a narrow range.
In sheep receipts were small, nut the demand
was moor and prices were sOmswha lower. Com
mon to choice native sheep found buyers at
from 81. 50 to sass. ana yeailiEgs brought from
81 10 to 81. Western fed sheep were rather numer-
Gus and In demand at from SS19 20 SS.15. and
common TO choice lambs brought from $3.50 to
$i.G5.
sheep. G.000 head.
Omaha daily bee., 1896-01-25

amount TO s.ste. 900 bdbSb. ms compared with
3, 2O2. 90 bushels last N,fk $4,000 bushels In
tho corresponding week ono yehr ago, 2,af,oD
bushels two years ago. 2.5Si. 90 bushels IN the
corresponding week ~ Ise3. and ms contrasted
with 3,557. 600 bushels In the like week In iSa2
Exports OF Indian corr tssresated s,isaoU bush
els this week. a sligfn decrease from the week
bsfore, but more thahJbur times the quantity
sent abroad In the corresponding week one
year ago, nearly twice the amount exported In
the same weak two years ago, four times that
sent out Of the countEyi In the like week in
1898, and about GOO. 0~0o1bthhcls less than in the
corresponding week In 1S92.
There arc nfty-two -hrstness failures reported
from Canada this week. against seventy-four
last week. thus indicating a large falling on.
But when contrasts SS nesade with like weeks
seen to be an unusually large number. One
year ago the total Yns thirty-eight; 1t was
in 1894 and In 1898. and forty-four in 1892.
Omaha daily bee., 1896-01-25
OMAHA LIVE STOCK MARKET
Receipts of Both Hogs and Cattle Were
Very Light.
CATTLE MARKET DULL AND UNCHANGED
Active Demand for Hogs ut II : Cent
Advance over Thursdays Clos
ing-EVcrythinH In the
Yards SOLD Early.
CATTLE MARKET DULL AND UNCHANGED
FRIDAY. Jan. q.

CATTLE-The cattle run was Very light
today, there being only 1912 head on sale,
as against Lib yesterday and 2,lGS on Fri
day of last week. The market was nat
much changed from yesterday so far as
values We're concerned, but II was duh and
devoid of interest. 1t was one of those dull
and featureless markets that are far from
satisfactory to any one.
Only Il few fat cattle were on sale. and
holders seemed to think that they ought TO
get a little more money and were generally
pricing their stuff higher than yesterday.
on the other hand, the buyers did not ap.
pear to have very urgent orders and did
not seem to want the cattle badly enough
TO raise their hands. Then, too, the cattle
We're many of them on the commonish
order and not such as were calculated TO
arouse the enthusiasm of buyers. The re-
suit was a very slow market. The buyers
would pay about steady prices, but ii was
hard work to get anything better out Of
them. There was nothing. in the yards
equal to the $500 cattle sold here yesterday.
The supply of butchers stock was very
ported on sale. Among the number We're
seine right good cows ana heifers, In fact,
better than have been here on most lays of
late. one bunch sold at $3.50. The market
lacked the activity that has characterized
1t on most days. but still 1t was no lower:
The demand was pretty fair and In the end
the pens We're cleared.
The fresh arrivals of stockcrs aud feeders
were light, but there were quite u good
many In the hands of yard operators, The
demand from the country was light and
spectators were in no hurry to load up with
all anxious TO sell. The feeling on the
market was very weak and the trade slow.
Feeders are still selling high, as compared
with fat cattle. Representative sales:
Omaha daily bee., 1896-01-25
NEW YORK GENERAL MARKET,
Closing Quotations on the Principal
Commodities and Stnnlea.

""h hhHkS
NEW YORK, Jan. NEUTRALITY-SUSPICIOUS.. Is, GOO
bbla exports. 30. 500 bbls. market held higher
with the sharp advance In wheat which re-
strieted business; city. mil, patents. 81. 1901. 81;
winter patents. S3.65pa.75; spring. low grades.
81. winter straights. 50. iOT3. so; winter
extras. s265dp3.oo winter. low grades, So o q 60.
Rye flour, quiet; superfine. s2.2592.75 Buck
wheat flour, dull: si.a59l,s5 for spot and to ar
ACCOMMODATIONS; as6eioc.
CORN MEAL-pnii; yellow western. choice.
RYE-Nomlnal state. 4i@iec.
BARLEY-Dun; western, sSGi5c; feeding,
HARLEY MALT-western, 4s@5ac.
wHEAT-Exports, $4,000 blu. Spot, stronger:
No. 2 red. 74c; No. ! hard. 75Ac, (. o. b., afoat'
Options were dun and easier during the morn.
ing under iSrsisn selling and the accumulation
and decided strength in the final hour, ad-
yancing on export buying and reports that the
Mediterranean, and closed i9ls,c higher: No 2
red, January. closed at 12,4e; May, exon I-Isc,
Spot. dull; No : sSe. Options dull all DAY, de.
closet at ssc; May. 800. Sssc. closed al sea- Senuar'
SPOT, duh; No. = sissSs.sS. options ssPSnss' very I;'C Sul ss,
but a little better with, wheat. and closed "a
Ac lower: January closed at st7sc; May closed at
'%HAY-pull; chipping. ss.OOas 60; good to
moPs-weak; state. common to choice. 1873,
crop, 2Psqtlac; 1895 crop. aasc; coast. 1894 crop.
AWAY isSo 4sR
MipEs.pnll; wet sailed 20 to Is lbs. lie;
To 50 lbs. DC; California, 81 to IS lbs. lac.
LEATHER-Dull: hemlock sole. Buenos Ayres.
tight to heavy weights. 2ic; acids. 2iG23c.
WOOL~-Steady; domestic .heece. l6u22c; pulled,
i91s6c.
PRoyIsIoNs-Beef. steady: extra India mess.
IS; packed, s9.Ood9.5O Cut meats. firm; picked
hams. S.60as.o. Lard. frm; western steam
closed at 50 asked; January. s5.s5. Nominal.
Pork higher; mess: $40. I59ii.lo: short clear,
BU1rclt-Recelpt 1896 pkgs. steady; west
ern creamery. IsV2oc; Elgins, zoe.
ht3 pkgs. steady; state and
Psnnsylvania, f7GlSc; western. .Ic; southern,
lsEe.
CHEESE-Receipts, liz pkgs.; firm; state.
large. sh@l0Ac; small, 749lOAc; part skins,
2iad6c; full skins, 2U3c.
TALLow-Steady; city. 3 5-l6c; country, 4e.
pETROLBUM-Weak; United closed al 81 gIB
bid; refined. s.65; Philadelphia and Baltimore.
$3.50; Philadelphia and Baltimore IN bulk. $40
ROSIN-ouiet; strained. common to gooe. 81. 60
GIGS,
~TuRPENTINE-puli; soa3ic.
MoI.ASSES-F1rn; New orleans. open Kettle,
good 10 choice. a9G37c.
..M~ErAIS-pig iron. quiet; southern sil $50
nT5: northern, 81. 0sais.bo. Copper, duh brok-
eis. s9,sIn; exchange, - u STA. Lead. steady;
brokers. $50; exchange, S.02isu2Oj. Tin. quiet:
.trsishts. 10: plates. steady, speiier,
C~oTToXsEED oIL-Fapa. owing TO IA. late
Omaha daily bee., 1896-01-25

ST. LOUIS. Jan. eL-CATTLE-Rccciuts. ssN
head; shipments. 800 head; market weak. hut
not quotably lower; native export steers. sl4SR
AS; fair to choice shipping. S155fL4l; dressed
beef grades, $326f4,2, bulk of sales, SS.J0fit00;
steers under 1.Oco ihs., So G0TS. so: bulk Of sales.
$27S@S.s5; stookere and FEEDERS, $e.el02.76; hulk
OF sales. S22dlS p; cows and heifCrs, &.O06t
$50; luik OF Salcs. Sc eidS. Is; canning cows.
Sl2S0c %; calves. Soa6.2i. mostly A.5oG6 90;
bulls. chiefly s. O0T265; Texas steers, grass, 81 ~
OSLO. fed. NOiTlo1: hulk OF latter, $3.50
S.1b; cows. Sl,S5M3.O 90.
lOGS-Receipts, $500 head: shipments, $500
head: market strong 10 DC higher; heavy, $500
@Alb; mixed, Sh7oUi7O; liEht. SS.a5TAOo: bulk
Of snlcs, SS9uN410.
s~HEEP-Rcccipts, 600 head; shipments. 100
heed; market steady ana nrm; native muttons,
Sgi; lambs. So 2SGl 10.
Omaha daily bee., 1896-01-25

COLORADO.

No. Ay. Pr. No. Av. Pr.
% feeders. =. .1O1T So 20 2S feeders. -. SSi SO 30
40 feeders. 80. 1867 3 % 26 feeders. -. $50 3 so
HOGS-The receipts of hogs. AZ well as of cat
tic. were very light today. only 2,i2i head being
reported In the yards, as against 1928 yesterday
and {, lS on Friday of last week.
The buyers evidently wanted hogs worse than
they did yesterday and statesmen had the ad-
vantage of a good demand. light receipts and
encouraging reports from other markets. The
trade opened active and about &c higher than
yesterdays late market. The hogs sold about
like yesterday mornings first sales. The bulk
went at $3.50. as against 1855 yesterday and 81. 10
@ST 70 OK Friday of last week. The market was
active at the advance ana everything changed
hands early. the close being strong. The prices
at which hogs are now selling are not much un-
der the market Of "A year ago, the range being
at that time $3.45d4.l5, with the bulk at S3.T5a
Omaha daily bee., 1896-01-25
Toledo Grain Market.

oLEDO Jan. a.-WHEAT-Active and
higher: No. 2 cash and January. 7Sc; May. 72Xc.
CORN-Active and steady: No. 2 mixed, 2Sc;
No. 8 mixed, &c; May. S0Ac.
oATs-Dull and steady; No. 2 mixed. zoe; No.
9 white. 2lc; May. 2lac.
YE-Dull No. 2 cash, 3Slsc,
LOVER ED-Lo steady: prime, cash.
81 80: March. $40.
REcEIPTs-wheat. $500 bu,; corn. 81. 500 bu.
clover seed. $40 bags.
SHiPMENTs-FIour. 5000 bbls.; wheat, 5000
hi corn. ~ 600 bu.; clover seed, 1872 bugs.
Omaha daily bee., 1896-01-25
Dry Goods Mnrkef.

NEW YORK, Jan, .-Notwlthstandin the
excess of the moisture there was a good volume
of new business affected. IL not above the aver
age. Colored cottons, such as denims. tickings
and dcmestics showed In fair demand. but as a
whole, the market was dull. Many buyers are
in the market and expressions are general that
a larger business is in sight. Printing cloths
are very dull at Sc to 2sc for 81 squares.
FALL RIVER Mass. Jan, 2i.-Print cloths
very dull and nominal for regulars. odds at
2Tsc basis.
MANCHESTER, Jan. a.-The market for
cloths and yarns Is steady. with a better feel
Ino
Omaha daily bee., 1896-01-25
Corner on Raisins.

NEW YORK. Jan. 2i.-There is a good deal
OF talk amCng the West side fruit men about
{. corner in raisjns. Some of the largest hand
lers of Taisins have ben taxing all OF tho
loose muscRtels they could guthcr in. and it
is supposed their purpose has bcen to corner
the market. as they are not Offering the fruit
freely in the public market. The quality known
in the trade as three crowns" Is the favorite
brand Of the Combine and report has 1t
that the c0nsignuients shipped from tho Pacific
coast TO interior points have been placed under
the control OF the cOInercrs. Some sny that
certain influential members OF the fruit trade
viii reslst any attempt Of a combine to usiduly
advance the price of rnlsins. ana the outlook
is for a. merry war in the near future among
tllnse who denl lnrgely in rnisins.
Omaha daily bee., 1896-01-25
st. Louis General Market.

ST LOUIS, Jan. A~.-FLOUR-Firm and
higher. with a better demand: patents, s.. Asa
S.55: extra fancy, 50. 2ed3.3O; fancy. s2.so92.9D
choice. 81. 50a2.6O.
quotations were not much better until late in
the day, when prices went up rapidly on re-
ports of heavy buying by foreigners in New
York. the close being 1isc higher than yester-
day for futures; spot. dull and lower: No. 2
red, cash, 65c; No. 2 red, hard. 59lsc; January,
CORN-iIasy for futures, with no trad
ing, but the late advance in wheat. caused a
stronger close, with prices ls1Ac higher than
yesterday; spot. dull and easier; No; 2 mixed.
OATS-Futures were easy most of the ses-
sion, but stiffened with other grains late; spot.
slow and easy; No, 2 cash and January, Ishc
May, 20hc.
RYE-Higher: s5c.
COR .3041.35.
BRAN-Sacked. sold, east track, at 4flac.
FLAX SEED-Higher; SIC.
SEEDS 00cI3. GO.
HAY-steady; timothy, s5.@9s.0o; prairie,
BUrTER-Dull and weak; creamery. 1Sa22c;
dairy, 11Gl5c.
Enthusiastically: l3c.
PoULTRYITurkeys. e@9l4c; chickens. 5A@7c;
ducks. s1ad9c geese, 5kp6c.
WHISKY-Sl.22 %.
LEAD-Flrm. with n better demand; So. so.
SPELTER-Weaker: 49, asked.
COTTON TIES-I2c.
BAGGING@q5c.
,o bling old. sos; new. s1Gj.e2G. Lard. QUIET;
prime, $3.50; choice, $3.50. Bacon, boxed shout
ders, s5.37Ia; longs, s5.s7h: ribs, S5.s7h; shorts.
So. Dry salt meats, boxed shoulders. A.75;
longs. So; ribs. $3.50; shorts. s5.75.
RECEIPTS-Flour, 5000 bills; wheat. 49, 900
SHIPMENTs-Flour. 5000 bbls;; wheat, 2l,0oO
bu.; corn, $4,000 bu.; oats. 5000 bu.
Omaha daily bee., 1896-01-25
Gold Coming to America.

NEW YORK. Jan. A.-A Special to the Even-
ing Post from London says: Eagles are being
withdrawn from the Bank OF England for Amer
ioa today. The amount. however, is probably
small and the hanks selling price unchanged,
tomorrow will probably exceed f25 $1,000. and that
more Is going next week. This gold is taken
supplies arriving from New York. II is
taken, apparently. not by American financial
houses. but by two continental banks. one repre-
senting German interests. II Is impossible to say
how much is coming next week.
Omaha daily bee., 1896-01-25

cows. S.5,dl.T5; cables, lower; American steers,
&0Nt95b. dressed weight, refrigerator beet. $500
WN2N
SHEEP AM LAMBS-Rcccipts, $3.50 head;
sheep, slow at $225ffS.SS Tor common u prime;
common and medium lambs, barely steady, good
to Choicc. n trific tlrmcr. good to prime. S,a7s
Wa,N; choice, 81. 1OTEl2i,.
HoGs-Rcccipts. e.s25 head; steady at st9)3
4Gl
Omaha daily bee., 1896-01-25
New York Money Market.

NEW YORK. Jan. H.-MONEY ON CALL
Easy at SGS's per cent; last loan. 8 per cent:
closed, . per cent.
PRIME MERCANTILE PAPER-6HS per cent,
STERLING ENCHANGE-Firm, with actual
business in bankers bills at N.s91l.S9h for de,
mand, and Tor sixty days; posted
rates, SL~SSiaGi.Sts; commercial bills. Sl.SGa4.
SILVER OBSERVATION-DISCLOSURES.
a
GOVERNMENT ~BONDS-Flrm; state bonds,
inactive; railroad bonds. firm.
Closing quotations on bonds were ne follows,
Omaha daily bee., 1896-01-25
Kansas City Markets.

KANSAS CITY. Jan. N.-WHEAT-Good
grades active. higher: low grades slow; No. 2
hard, 62hG6S1sc; No. 3 hard. 5lkadc; rejected
nomina!ly. S5a40c: No. 2 red. re; No. 2 spring,
cDgG0iac; No. 3. 57hG59c.
CORN Spot, ik@&4e lower; No. . mixed, 2SA
a2ic; No. 2 white. 2SAc.
O~ATS-Firm. but slow: No. 2 mixed. noml-
ually. 1Tlse: No. 2 white. nominally. 1S@19c.
RYE-Dull; No. 2, ale.
HAY-Weak and unchanged; Timothy. $40. GOA
1900: prairie. sG.0o17.OO.
D~UmTER-steady; creamery. l7@iOc; dairy.
l3Gl5c.
Omaha daily bee., 1896-01-25
liverpool

Jan. 2L-wHEAT-Spot, firm
demand, fair; winter red, 5s I'd; No. 2 red spring.
stocks exhausted; No. ! hard Manitoba, IS I'd
No. i California, IS 80. Futures opened firm.
later reacted and closed With prices unchanged
from yesterdays opening figures: business about
equally distributed; January. Us 6l%d; February,
So 6&d; March, 5s I'D: April. IS I'D; June. IS
I'D,
CORN-spot, quiet; American mixed. new. 81
2isd. Futures opened quiet at unchanged prices
closed quiet with January and February I'd
lower and other months unchanged from yester-
days closing prices; business heaviest on early
positions; January, Is 25Sd; February Is SAd,
PLoUR-Firm; demand. fair; freely supplied
ST. Louis fancy winter, Is 81.
PRovIsIoNs-Baeon; dull; demand poor; Cum,
HIS, 2ss; long clear, light. Ss 20 % lbs. 2Ss
backs, light, IS lbs, 2s Cd; short clear mid
dies, heavy. 81 his, 2Is: clear bellies, II to 10
hams, short cut. u to 10 lbs. AS. Taliow, fine
North American. 2ls. Beef. extra India mess.
7bs; prime mess. 5ss Cd. Fork, prime mess. fine
western, 53s Sd; prime mess. medium, AS Cd.
Lard. duh; prime western. sss; refined. in pals.
30s Cd.
Firm; demand fair; finest Amer
lean white. ass; finest American, cololed. AIS.
BuTTEll-Fincs United States. 95s; good. Cos.
OII4S-Turpentine spirits, 2s: rosin, common,
"a 80; cottonseed oil, Liverpool. refined. It's 90
REFRIGERATOR BEEF-Toreauarter. SD
hindquarter. 5hd.
~BLEAcHiNd rowpER-Hardwood. {. o. b..
Liverpool, 81.
Hofs-Leadon Paeihe COAST. fs Is.
REcEIPTS-Wheat, during the past three
American; American corn, 1877, BOO centals.
NEUTRALITY-SUSPICIOUS. warm
Omaha daily bee., 1896-01-25
Peoria Markets.

PEOR1A, Jan, N.-CORN-FIrm; new No. 2,
oATs-irrsguiar; No. 2 white. ISlac; No. Z
white, l6iz@lfAc.
RYE-Nominal; No. 2, 3Sc.
WHISKY -Market steady: finished goods, on
the basis OF sl.22 for high wines.
R~ECEIPTS-Corn. $4,000 bu.: oats. 5000 bu.
rye. none: whisky. IS gals, wheat, 1900 bu.
SHIPMENTS-Corn, 80. 900 bu. oats. GO. 900 blu.
rye, 1000 bu.: whisky, S25 gals. wheat. 5000 bu.
Omaha daily bee., 1896-01-25
THE OMAHA DAILY BEE. SATURDAY, JANUARY e5, 1896.

SIS: New York exchange. $3.50 per $1,000 premium;
commercial, Tsc premium.
NEW YORK, Jan. a.-Clcarings, S9,4i.Ss;
balances. St.07S. $50.
BOSTON, Jan. 2t-Clclrlngs, Sii,72i,ooo bal
ances, S~l.O57.S61.
BALTIMORE, Jan. 2L-Clcarings, S2,093,65S
balances. Ao9. go.
PHILADELPHIA, Jan. H-C1earings S0.2li,-
i29; balances, 81, 96S. $50.
ST. LOUIS, Jan. 24.-Clearings. 1881. Oi5; bal
anccs. S79,035. Money, 6dS per cent; New York
exchange. 15c premium bid; eJc asked.
Omaha daily bee., 1896-01-25
NEW YORK WHEAT A FEATURE,
Two Extremes Encountered
Nradnra In Tint CerHul-

NEW YORK. Jan. 24.-The wheat market en-
joyed the two extremes of movement today. the
morning session being without doubt
tho duilest in three weeks. and
the late afternoon was the most
active. There was n jump in prices then that
started the trade. The bulk of the days trans
actions was done In the last hour. when the
shorts, frightened by reports Of large export bus
mess and news that Great Britain's flying
tumbled into the pit in a fierce endeavor to buy
back the wheat they had sold with a free hand
during the morning. May wheat jumped from
69Ac to II Lice in three-quarters OF an hour. and
closed lc higher than last night. Certain rumors
which leaked out among the dealers in cash
an attempt Is being made to- squeeze the shorts
in the February and March options, and that
negotiations looking toward the absorption OF all
the available contract wheat ut New York. about
2, 900. 900 bu. including No. 2 red. No. l northern
and No. 2 hard, have been quietly going on for
some time past. right under the nose OF the
trade. 1t came to light today that practically
the whole stock of No. 2 red. which has been
held by Fowler brothers. had been bought up In
the past two days. ostensibly for export or mill
Wardwell, who are said to be engineering the
deal. This firm. 1t is alleged, has recently been
a heavy buyer Of cash contract wheat here, at
one time taking, 1t Is said, a block OF 400. 600
bu, No. ! northern wheat. This has reached
the ears Of the trade, from time to time, as
that any house was quietly preparing a bomb
in the shape of a corner In February and
March. The small stock Of contract supplies
in New York at this time makes 1t a compare
lively easy matter to establish a corner. as
water ways will not be open until late In April
and to bring grain here from the west by rail
at the present rates would be as bad as paying
the advance In a corner.
Omaha daily bee., 1896-01-25

The total sales of stocks today were $50. 5eS
shares. Including: American Sugar. 1900; Amer
lean Tobacco, 80. 500: burlington, 1000; Chicago
Gas. 4.2Oo; General Electric, 400; Louisville &
Nashville, 800; Manhattan Consolidated, 5000;
Island. 500: st. Paul. Is. 200; Western Union.
6. GOO: Wheeling & Lake, ilrie. 1900.
Omaha daily bee., 1896-01-25

Waco. Houston and Galveston not included
in totals, because containing other items than
clearings; Dayton. Davenport. Ia, Knoxville,
Tenn. Toledo. o.. and Augusta, Me, not in
cluded in totals, because Of no comparisons for
last year,