The Universalist. [volume] (Chicago [Ill.]) 1884-1897, 1896-08-22

making of broad and natural markets
this morning. The weather was so per-
feet that adverse crop talk was at dis
count. The tight-money period is not
at an end. The stock exchange closed
still stands in the way Of free operations
In certain quarters. There is indiffer-
ence in foreign markets. There is an
absence of public business. There is
disposition to watch New York stocks,
and follow when they break, but do
nothing when they rally. There is
timidity because of the local business
failures reported daily. There is waiting
on all hands among would-be investors
for something more tangible in the poll
teal campaign.
The wheat trade had little positive
news at the opening on change Tues
day. September sold 545sc. December
$500 on sc down turn since Saturdays
closing prices. There was afterward a
decided rally to 55c and 551s September
to 1914 December.
September corn sold 221sc to 2294c.
to 223s@221ac, and held 225s@2224c on
rally near the close. May corn sold
265sc to &c, to 261s@265sc, and held
$3.50 on the rally.
Corn closed on good rally at $3.50
2224c and 267sc September and May.
Charters for corn we're over 100000 bu.
Rye was quiet. but steady in value.
No. cash to go to store. sold at 30c.
September was offered at 3119c. Re-
ceipts were ID cars, of which 2 cars
graded No. 2 contract.
A steady market was maintained for
all grades of barley. Old grain ranged
from 20c to 35c, according to quality,
while new lots brought from tic to 2oc.
The Indiana Bicycle Works, at India
napolis, employing 1900 men when run
ming full handed, shut down on Saturday
until after election, The president of
the company said: at is ordinary bust
ness sense and not politics that causes
US to suspend work until we know what
the result of the election will be. We
cannot risk further manufacturing un.
til our monetary contest is settled"
The President will receive Lii Hung
Chang the distinguished Chinese pre-
mier, on the 31st of this month. The
reception will probably occur in New
York. Arrangements are now making
for the reception and will be announced
by Private Secretary Thurber from
Gray Gables.
AN inventory OF the estate of the late
Hon. Lyman j. Trumbull was filed in
the probate court to day. 1t shows that
the estate is worth about $4,000. The
real estate consists of nine pieces of
Cook County property worth S143,500.
The rest of the estate is in real prop
erty.
The appointment is announced of Mrs.
Belva A. Lockwood and Miss Frances
Graham French to represent the United
States at the second International Con.
gress of Charities and the second Inter.
national Congress for the Prote ction of
Children. at Geneva. Switzerland. Sep
TENDER Is.
A SEVERE storm swept over Central
Iowa on Saturday evening and great
damage was done. In Des Moines one
and half inches of rain fell in ten
minutes. Rivers overlooked their banks,
bridges we're carried away and railroads
were blocked by washouts.
THERE is scheme on foot for an early
settlement of the tailors' strike in New
York, but those interested will not make
it public. Nearly 300 contractors have
signed the Brotherhood agreement and
over eighty cooperative shops have been
opened by the strikers.
In regard to the Venezuelan situation
Mr.. Balfour stated, in the House of Com
mons, yesterday. that the Government
had every expectation that the pending
negotiations with the United States
would lead to an early and satisfactory
result.
A New YORK dispatch says that the
Northern Pacific Railroad property will
be turned over to the new management
on September /. The next and final in
stalment of assessment upon the stocks
will probably be called for on Septem-
Der 4.
LORD CHARLES RUSSELL, Chief Justice
of England, arrived at New York on the
steamship, Umbria on Saturday, accom-
panied by Sir Frank Lockwood. They