davidaulloa/AmericanStories huggingface dataset:
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
IN THE WORLD OF BUSINESS
BRADSTREET'S AND DUN & CO.'S
REVIEWS OF FINANCE AND
COMMERCE..
DOUBT rs 70 FINANCIAL PLANK.
Prevents Any Effort to Rush Business
General Merchandise Business Con
tinues Dull-Southern Points
Report Trade Quiet.

New York, June 12.-Bradstreets to-
morrow will say:
There is little or no effort to rush
business at a period of so much uncer-
tainty as to the precise terms of finan-
cial planks to be adopted by the great
parties in the national convention. The
general merchandise movement continues
as dull and conservative as heretofore.
retailers, with few exceptions, buying
only for immediate necessities. Mercan-
tile collections continue slow and I'M
satisfactory and there is no gain in the
cotton, wooden goods, iron or steel in
dustries.
Western spectators are buying wool
above a parity with prices offered from
the east. There is little likelihood of
high prices for wool while so much ma
chinery is idle. Nearly all branches of
dry goods are somewhat depressed Cot
ton goods are below parity with raw
material The contest continues between
iron and steel consumption Trade in
the central western states remains quiet.
No improvement is reported from Chi
cago as compared with unsatisfactory
records of recent weeks. Improvement in
demand for staples at St. Louis is among
dealers in paints and drugs. Reports
from southern distributing centers an
nounce an almost uniformly quiet trade,
although good rains in territory tributary
to Charlesto. and New Orleans have I'M
proved the crop outlook in wholesale
trade. In Texas corn is suffering from
want Of rain.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
LIVE STOCK.
CHICAGO,

Chicago, June 12.-Today's cattle mar
ket opened with some cattle selling slight
" higher; common to choice native
dressed beef and shipping steers are sell
ing at $3.50d4.45, with the bulk of the
sales at $3.S0@4.15; good feeders and
good cows and heifers sold at an ad-
vance of about 15c. Calves have sold
actively and the best ADVANCED to $3.50.
Texas cattle are active at $2.4563.S5.
Hogs-Most of the week prices have
been weak and declining, but today there
was an up turn of 5 to Zoe, TIE rally in
provisions yesterday helping to strength
en- values for hogs. The best heavy
were $3.50 lower than year ago, best
light being $1.05 lower than then.
Heavy hogs sold at $2.S5@3.25; medium
weights at 30563.30 mixed, $3.150
$40; light weights, $3.15@3.50.
Sheep-Trade was active, with sales to-
day largely 10c higher. Sheep were in
demand at $2.OO@4.00; Texans bring
$2.00@3. 40; lambs sold at $275@5.1O
and spring lambs at $3.50d6.25.
Receipts Cattle, $500 head; hogs,
22OO head; sheep, 5000 head.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
HOW THEY GET LAND.
Bower Family Takes Up 5000 Acres
Under the Homestead Act.

Fargo. y. D.. June 11.-An example of
how some of the recent Dunkard i'm
migrants from Indiana and Illinois are
becoming landed proprietors on large
scale is given in the family of Elder
Bower of Wabash county, Indiana, who
was one of the arrivals in this state
this spring. The elder is blessed with
a family of nine grown sons and dangh-
tiers.
He came with the first of the Dunkard
parties of the season, and found local
ity where there were number of claims
untaken, though of good wheat land and
fairly near railway and market.
Bower and each of the children selected
quarter section of land-160 acres-and
hOmesteaded it, and the father has his
eye on six quarters more that he is now
negotiating for on the crop payment plan.
This will give the family 256OO acres,
almost every acre of which is suitable
for immediate cultivation. -Four of the
sons are engaged to be married to young
women of Indiana, and the weddings
have all been postponed till such time
as the brides elect can come out to North
Dakota and select claims for themselves,
which they have the right to do while
they are unmarried. This will give the
various branches of the Bower house
hold land equal to young principality,
and the entire cost will he the filing fees
of the United States land office-$14 for
each 100 acres.
Bower lived on rented farm in Indi-
ana and 1t was of small size.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18

255 bales; sales, 300, all spinners; stock,
Ia, 493 bales.
Weekly: Net receipts, 412 bales; gross,
12,44S bales: exports to Great Britain,
1910 bales; France, 1853 bales; continent,
7246 bales: spinners. S62 bales.
Total today: Net receipts, 2S07 bales;
exports to Great Britain, 1914 bales; con-
tinent, 10,121 bales; stock, $50, 257 bales.
Consolidated: Net receipts, 1870
bales; exports to Great Britain, 1882
bales; France, 1913 bales; continent, 25,-
III bales.
Total since September l: Net, 5.109,-
OIL bales; exports to Great Britain,
2,152, 102 bales; France, 460,504 bales;
continent, 1,706,19 bales.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
Cash quotations were as follows.
FlOur-Dull and easier.

No. 2 spring wheat, 574c; No. 3 spring
wheat, 55c; No. 2 red, 60A@611ac.
No. 2 corn, 2714@27asc; No. 2 yellow
corn, 27A@277sc.
1870; No. 3 white, 1S14@1SAc.
No. rye. 321hc.
No. 2 barley, nominal; No. 3, f. o. b.
23@29c; No. 4, 221aG26c.
No. 1 flax seed, S01hc.
Prime timothy seed, $3.05.
Mess pork, per barrel, $7.1O@7.15.
Lard, per 100 pounds, $4.12@4.15.
Short ribs sides Qoose), $3.S5G3.90.
Dry sailed shoulders, (boxedD, 40
4Ac.
Short clear sides, (boxed), 4@41sc.
Whisky, distillers' finished goods, per
gallon, $1.22.
The leading futures ranged as follows:
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18

and price changes were exceedingly mar
row. The tendency was toward firmness
following wheat and corn.
Provisions were fairly active. The
opening was strong and at some advance
because of the frrser hog market. At the
advance, however, there was considerable
outside selling and prices weakened
Estimates for Saturday: Wheat, 1G
cars; corn, AIS cars; oats, 300 cars; hogs,
1900 head.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
POSTS CARLEGRAM.

New York, June 12.-The Evening
Posts London financial cable:
The settlement having been satisfac-
torily concluded, there was general re-
covery in prices in the stock markets to-
day. Copper and copper mines are very
strong. There is n big speculation in
Paris and Rio tin mines. The continen-
tai demand for gold here shows signs
of reviving.
The Berlin market was weak.
The Paris bourse was good, but uncer-
tain today.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
NEW ORLEANS.

New Orleans, June 12.-Cotton-Fu-
lures, firm; sales, $4,000 bales; June, $50
M6.S5c; July, 6.7Std6.S0c; August, 6.64@
6.65c; September, 6.34@6.36c; October,
6.31@632c; November, 6.3006.31c: De-
cember, 6.34d6.35c; January, 6.37M
6.3Sc; February, 6.41M6.43c.
Cotton-Steady; good middling, T-16c
low middling, & 11-16c; good ordinary,
6 7-16c: net receipts, 294 bales; gross re-
ceipts, 800 bales; exports to the conti-
nent 1858 bales; exports coastwisc. 1864
bales; sales, 1850 bales; stock, S0,336
bales.
Weekly-Net receipts, 2942 bales; gross
receipts, 1895 bales; exports to Great
Britain, 1899 bales; exports to the con
tinent, 1878 bales; exports coastwise
1873 bales; sales, 1850 bales.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
LOCAL JOBBERS PRICES.
FINANCIAL.
NEW YORK FINANCES.

New York, June 12-Clearings, $685.
913, 278; balances, $6,144, 763.
Money on call firm at 2013 per cent; last
loan, 3 per cent; closed, 2 1908 per cent
prime mercantile paper, 4@5 IL per cent
sterling exchange firm with actual bust.
ness in bankers bills at Sass 1-4@4.88 IL
for demand and $4.S7@4.S7 ~ for sixty
days; posted rates, S4.SS04.SS IL and
S4.S0d4.S9 IL; bar silver, &c Ice; silver
certificates, 6S 3-4@69c; Mexican dollars
So 5-Sc.
Government bonds, firm; state bonds,
firm railroad bonds, strong.
Total sales of stocks today 139,600, in
Guiding American Sugar, 20,S00; Louis
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
HUBBARD's COTTON LETTER.

New York, June 12.-Hubbard Bros.
cotton letter.
Manchester and the continent continue
to buy cotton freely, their takings today
being the largest for many months, and
advanced the Liverpool market sharply in
face of the apathy in America. Locally
the market fails to respond either to good
or bad influence, and remains quiet and
practically unchanged. Although the
market closed steady ut about the best
prices of the day the outside interests ex'
poets lower Liverpool market in the
morning, based upon the expected favor
able weather report in the Chronicle.
The continued export to the continent
may be the factor which will sustain the
active demand for cotton in Liverpool,
which is now the cheapest market.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
COTTON.
LIVERPOOL.

Liverpool, June 12.-Cotton-Spot,
good business done, prices higher. Amer
lean middling fair, 4 5-32d; good mid
ding, i'd; American middling, 23-32d ;
low middling, 1850; good ordinary,
8 11-16d; ordinary, 3 I'D. The sales
of the day were $4,000 bales, of which
1000 bales were for speculation and ex-
port and included $4,000 bales Amer-
can Receipts, 10000 bales, including
5000 bales American.
Futures opened steady and closed
barely steady at an advance. Ameri-
can middling !. m. C. June. 3.53d; June
and July, 3.51@3.52d July and August,
3.51d; August and September, 3.49M
3.50d; September and October, 3.43M
3.44d; October and November, $500
3.4Od; November and December, $3.50 !;
December and January, 3.38d; January
and February, 3.3Sd3.39d February and
March, 3.3063 40d.
The tenders of today's deliveries, none.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
MISCELLANEOUS.
DRY GOODS.

New York, June 12.-It has been II
very quiet market and the demand from
agents for immediate sales was light,
though for autumn specialties, such as
printed fabrics, cotton and wool dress
goods, dOmetts, also shirtings of various
varieties, there was considerable ad-
vance business done. Printing cloths,
quiet ut 7-16c.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
ST. LOUIS.

st. Louis, June 12.-Cattle-Receipts,
1000 head; shipments. 1000 head. Mar.
ket steady; natives, shipping steers, 1925
425; dressed beef and butcher steers,
$30O@400; steers under 1000 pounds,
81 75d350; stockers and feeders, $1,000
$50; cows and heifers, $2.00M3.50; Texas
cattle, grass and fed steers range from
$26003.60; cows, $200@2.75.
Hogs-Receipts, 5000 head; shipments,
1000 head; market strong to 5 cents
higher; light, $3.10M3.25; mixed, $1,000
800; heavy, $3.0003.25.
Sheep-Receipts, 5000 head; shipments,
1000 head; natives, $32O04.2O; lambs,
S3.50M5.00.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
BANK CLEARINGS.

New York, June 1.-THE following TIA
BILE, compiled by Bradstreet's, shows the
total clearances at the principal cities and
the percentage of increase or decrease,
as compared with the corresponding week
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
DIN G. CO.'S REVIEW.

New York. June 12.-R. G. Dun d
Co.'S review of trade will say:
Speculative action has not in the least
changed the business outlook. The fic-
titious prices for wheat and cotton
meant no good except for change to prices
more nearly in accord with actual rela-
tions of demand and supply which only
conforms to conditions which have been
well known for months. The attack on
stocks on Wednesday was so plainly arti-
h,cial that it's influence passed away with
the day and neither foreign relations nor
IN domestic business was there any
thing to justify alarm. The government
report as to wheat indicated a much
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
NEW YORK.

New York, June 1.-THE cotton mar
ket opened steady at an advance of PAS
points on covering following large sales
at Liverpool; weakened later under later
adverse cables, reports of rain in Texas,
decline of 1-16c in print cloths at Fall
River and unfavorable reports from dry
goods markets generally. Business was
only moderately active. The market
closed very steady at a net advance OF
lac points.
Spot cotton closed quiet and steady,
prices unchanged. Sales, 200 bales.
Futures, steady. Sales, 1873, 300 bales;
January, 6.67c; February, 6.73c; March,
Csc; June, 7.29c; July, 7.30c; August,
7.2Sc: September, 6.65c; October, 6.65c;
November, 6.62c; December, 6.63c.
Cotton-Quiet and steady. Middling,
77-16c; net receipts, none; gross, 1916
bales; continent. 1888 bales; forwarded.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
The following are the receipts and ship
ments of the principal articles today:

On the Produce Exchange, today, the
butter market was steady; creamery, 10
0141hc; daires, 9012c.
Cheese, 61ad7Ac.
Eggs steady; fresh, 9@10c.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
GALVESTON.

Galveston. June 12.-Spot cotton, nom
inal; sales, none; receipts, 169 bales; ex
ports, A bales; stock, $4,000 bales.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
GRAIN AND PROVISIONS.
NEW YORK.


New York, June MISUNDERSTANDING,
Ia 800 bushels; spot, dull; No. l hard,
go 3-4c. Options, although nervous,
were less active today, owing to yester-
days experience, which scared the trad
ers. Opening carrier. under disappointing
cables, prices suddenly advanced 3-4 cent
on short squeeze, then lost and ruled all
day with gradual recovery, closing Il
little off from top owing to weak French
cables and ruling dull. Final prices
were unchanged from last night; No
red, June, GA 1-2c; September, 64c.
Hides and leather-Steady.
Wool-Quet.
Pig iron-Easy, firm; southern, S10.75
M13.OO; northern, $11.00@13.00.
Copper-Firm; brokers' prices, $11.62
IL; exchange price, $1l.50012.00.
Lead-Steady; brokers' prices, $3.50;
exchange price, $500.
,Tin-Firm; straights, $13.4O@13.50;
plates, weak.
Cotton seed oil-Dull and featureless.
SUGAR.
New Orleans, June 2.-Sugar-Open
kettle, none in first hands. Centrifugal,
whites, 4 5-16@4 lie; yellows, 464 1-4c;
seconds, 2 5-Sd3 5-Sc.
Molasses-Centrifugal none in first
hands, 4@9c.
New York, June 2.-Sugar-Quiet.
Standard "A" and confectioners' "A, ~
7-Sc; cut loaf and crushed, 5-Sc; pow
dered a." 5-16c; graduated, SC; cubes,
1-4c.
CHICAGO.
Chicago, June PA continuation of
the nervousness shown in the wheat mar
ket yesterday was evident and with about
Al I.,l. Il.
cally unchanged. The market was rather
lent fluctuations. Corn and oats each
closed Il shade higher Provisions closed
1-2M5c lower.
Wheat-There was a fair speculative
, trade, but operations were on a more mod
crate scale, room traders, owing to the
variations of the market yesterday, be-
ing inclined to act cautiously and were
in fact very timid. Price changes COW
cred LIE range. The opening was rather
weak, July opening at from 81 lie down
to SIC. After about fifteen minutes of
moderately active trading over a range
of from 81 1-4M57 5-Sc the simulta-
neous appearance of number of buying
orders in different parts Of the pit start
ed counterpart of yesterdays session.
There was no such wild fluctuations as
on tne Jay DeIOTe. AIIeT an excited anu
confusing scramble for a few minutes
the price of July was found to be strug-
Cling anywhere from So 1-4M5S 1-2c,
with some difficulty in getting over 5Sc
in some parts of the pit at the same time.
Gables were inclined to weakness and
receipts in the northwest continue heavy,
being All cars, against 1876 year ago,
Outside trade was dull, and even the
scalpers are not disposed to do much.
The nervous and sensitive character of
the market, the ease with which radical
bulges and breaks are brought about dis
couraged many conservative leaders. The
market had nervous squirt during. the
last half hour on some bullish news from
the northwest, rumors Of large cash pur-
chases here and some alarm growing out
, of possible squeeze for July, owing to
the small stocks in regular elevators.
Corn showed considerable firmness.
The general frmness of wheat and the
wet weather has held prices steady.
There was also some covering by shorts
who had good margins
Oats-There was little business done
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
LJJMBER MAN SUICIDES.

st. Louis, June 1O.-J6hn II. Best,
wealthy lumber dealer, manager of the
Big -Four Lumber company of Arkansas,
committed suicide today by cutting his
throat with razor.
The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1896-06-18
y Not included in total.

TOTAL NET RECEIPTS.
New York, June 12.-Following are
the total net receipts of cotton at all ports
since September /, 1895:
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-11
a Minority of Two.

1t was at county election that the fol-
lowing took place, says Harper's Round
Table. Every man for miles around was
in attendance. from the prosperous farm
er to the lowliest farm hand and here
and there in small groups they held lively
discussions about the respective candf-
dates. Finally the chairman raped for
order and the speech making began The
willy orator explained loudly and long
about the poor condition of the coun7
try's welfare and wound up by asking
all those who wished for a betterment
Of things to stand up. Every man arose
except an old graywhiskered farmer. who
had fallen asleep over the long-winded
Grafton.
Now" said the orator. after his listen
ers had seated themselves, ''if there is a
man here who does not wish for a bet
terment of things let him stand up. that
we may look upon him with scorn -
At this time the old farmer awoke with
a start, and, catching the words stand
up" got upon his feet and stared slowly
around as number of Kisses were thrown
at him. This reused his ire, and he said.
WAL, Mister Speaker, l don't know
whether we be Votln' fer or agin the senti-
ments of my brethren here, but YOU and
me, reckon, are in the minority"
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-11

In an interview in Philadelphia on Mon
/ day. Chairman Harrity OF the national
/ Democratic convention. said: Il suu be.
I llsve that the silver boom is seeming
rather than real. and that the party VII
I Doe guided to declare for sound money
when the delegates get together" When
asked 10 state upon what he founded
his belief ne said; Faith in human ma
ture and in the good sense OF Americans
OF standing that are made delegates to
national conventions"
Mr. Harrlty is a very able politician.
He has many sources OF Information
and for the reason that he is well inform
ed his opinion ought TO be valuable. bur
IL seems TO us that in this instance mis-
opinion is nothing more than hope that
the declaration for silver at Chicago
will not be so radical as It is generally
believed il viii be. No doubt extraordi-
nary efforts viii be made 10 prevent a
declaration for free coinage at 16 to J..
or any other ratio, but from present in
dicauons they will not succeed. It l.
well known that Gov. Boies. Of Iowa.
who stands a good chance of getting the
nomination. and Gov. Matthews of Indi-
ana. are inclined to the opinion that il
would be advisable not to name ratio.
but they are not going to take a decided
stand IN respect TO the matter. Each OF
them is a candidate for the presidential
nomination and neither viii jeopardize
his chances by trying to lead the conven-
ton in a direction other than that IN
which it seems inclined to go. When
they find out what the sentiment Of the
convention is, they win accept the stu
alton Gov. Boies had an experience in
the democratic convention of his own
state which he will not care to have re-
peated He tried to keep the question
of a ratio out of the declaration for sill
YER and failed utterly. He would fail #
he should attempt anything Of the kind
at Chicago
Even if declaration in regard to the
ratio was kept out of the platform it
would be wen understood that the plat
form meant unlimited silver coinage at
the ratio Of 16 to /. As the situation now
presents itself the st. Louis platform
win be regarded as the gold platform, and
the Chicago platform as the silver plat
form whatever the language used in franz
ing the two platforms may be, and the
contest in the campaign VIII be between
the two metals. The tariff question, which
Gov. Mckinley is expected to represent,
will cut no figure. We sincerely wish
there was some foundation for the be-
lief Chairman Harrity expresses, but If
he goes to Chicago with that belief ne
| is going to be greatly disappointed.
The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-11
- vcncsueIa DI.pule.

What has become Of the Venezuela
boundary d.spute2 a few months ago
the whole country was almost in white
henc about it and there was talk OF war
with Great Britain. Vow the matter IS sell
dom mentioned The great majority OF the
people have almost forgotten that there is
a commission engaged in trying 10 find out
whether Great Britain or Venezuela is Ia
the right respecting the claim which each
country makes.
The dispute. however. has lost none OF
its seriousness. The commission IS still
working on 81. and 10 IS understood that its
finding is likely 10 be much more favora-
bic TO Venezuela than 10 Great Britain.
The commission is hunting for a pleasant
summer resort on the sea shore where il
expects to continue its Investigations.
The President has not been forcing the
Venezuela matter on public attention late
~ because he thought il he should do so
he would be charged with being innuen-
ced by political motive. and it is said
that he will not give it prominence again
until after the November elections. but it
IS understood that he VIII endeavOr TO have
q settlement Of it before he goes out Of
office.
The last correspondence that passed be
tween the state department and the Brit
ish foreign office was a communication
from Secretary Olney 10 Lord Salisbury.
declining a proposition to arbitrate all the
boundary in despute except that affecting
the districts occupied by British subjects.
A communication therefore is due from
Lord Salisbury.
There is not much probability of a war.
of course between the United States and
Great Britain ON account of the bound
airy difficulty. STILL if Lord Salisbury
should prove to be stubborn there is no
telling what might be the outcome of the
matter