davidaulloa/AmericanStories huggingface dataset:
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
WORLD Of / N S|GHI
Along With Slack NCash De-
mand Decreases Wheat.
DECEMBER ENDS AT 6o IA
Coarse Grains LoWer--Provi-
sionS Improve a Triae.

Chicago, Nov. 4.-The overwhelming
and apparently inexhaustible supply IN
sight, coupled with stagnart cash de-
mand, depressed wheat again today and
December closed shade lower at 6Sl4c.
Corn lost &c. Oats closed a shade lower.
Provisions improved a triie.
Better cables and the growing uneasi-
ness abroad over the position OF the En-
glish army in the Transvaal developed a
steady feeling in wheat at the opening.
Business was so dull. however, that af-
ter a slight advance on scattered cover
ing the market suddenly turned weak
December opened 1sc higher al S2sd6S1sc,
touched 6sl5c and dropped 10 677sG5Sc.
Liquidation was heavy on the way down
and the market ruled weak until near the
end of the session when buying against
weekly puts and scattered covering be-
cause OF reports of demand by Hessian
fly throughout the south started a slight
rally, December advancing TO 6Sl4c, where
II closed. One of the most distressing
features Of the days news was the clcs-
ing down Of ten -four mills in the north
west, said to be due to an absence of de-
mand. Steadily increasing stocks and a
poor cash demand added still further TO
the weakness. Chicago received 1l5 ears,
"a OF which graded contract Minneapolis
and Duluth got 7Z3 cars, compared with
/ ,374 for the sponding day year ago.
Worlds shipments to Europe during the
week were $4,000 bushels. Total west
ern primary receipts were 10000 bushels.
against 1,432,0 900 bushels last year. The
indications were for another large in
crease in the visible supply Monday, with
the prospects that by January it Will
amount to 60,oO0o 900 bushels. Atlantic port
clearances of wheat and -four equalled
GO, 900 bushels.
Corn was duh and without animation or
movement beyond what was urged upon
It by the action OF wheat. The market
did not yield much, although a good deal
of talk was INDUCED in Of a bearish
character Receipts. go cars. December
opened unchanged at 302.c. declined TO
3C13d3C5sc, and closed with buyers az
So5sc.
Oats ruled dull and weak in sympathy
with the other grains. A slow cash de-
mand and selling by elevator interests
added to the weakness. Receipts, 2OS
cars. December opened unchanged at 222s
Q2215c, declined TO 22l4G222sc, and closed
at 22asc
Provisions were dull, but steady Lib
eral shipments of meats and a decrease
In stocks encouraged buying by packers.
under which small grains were scored
January pork closed SC higher, at S. 75T
J. 715; January lard. 215c higher. at
s. 2712, and January ribs unchanged at
a IS
Estimated receipts Monday: Wheat, 12O
cars; corn, so; oats, 245; hogs, $500 head.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
REPRESENTATIVE SALES.
SHIPPERS AND NOTES.

J. E Cooley Of Rose Hill was a ship
per of heavy hogs OF very fair grade,
which sold at top prices, without dock.
Charlie Dorsey of Haven was in with
4 car load Of medium lights, which sold
At a good bulk price
Mr.. Marsh Paugh is back again at his
office after several days illness.
The Dold business yesterday was ex-
captionally good for Saturday. There
was q good line of stuff sent out from
the straight car end, with a strong ex-
press and pobbing trade. There were sew
cral more cars sold for immediate deliv-
cry, also.
Frank Robbins spent the last two days
in the city after several weeks absence
on cattle business in Barber county
Nearly all the Dold travelling men were
in yesterday reporting for the week. and
all say their trade is Sood. all classes OF
packing house products being in demand
and the trade active
Mr.. Fred w. Dold and Mr.. J. D. HarrI-
son have returned from Topeka, where
they went to ktness The reception Of the
Twentieth regiment
TnCle Ed Blackburn Is again handling
COAL and viii continue to have on hands
al grades and qualities during the Win
---
4
frank in couceding that one Of the most
perfect and thoroughly competent packing
house men in the United States is Mr..
'has. D. Darrirraud. superintendent of
tie bold Packing company at this point.
-~ Darrigrdnj is not simply an over
er. He is more than that. He is me-
Clooic IN every department and an ex-
Gsrt in the several building trades. as
well rs possessing a complete knowledge
OF the meat-curluE processes. Under his
careful supervision of all the intricate de-
tails Of the complicated works about the
house. and the fine business management
Of Mr.. Fred ". D1.d this house has
reached a high standard. and the trade
is rapidly increasing. the specialties and
staples alike being greatly In demand.
NJ. Schr3pf, who has a nice business
which Is growing rapidly. manufacturing
Saratoga chips for the retail trade. YES
terdsy placed q large order Win the Dold
company for thei- celebrated brand Of
White Clover Leaf lard. ana incidentally
remarked In doing 50 that after .ong sN-
pcrimentias with many weIl-known
brands NJ lard. ne had found that the
White Glover Leaf was absolutely the
only one 70 De always relied unon in his
business. He said ha never has trouble
with scorchiHE. ard that il hold its flavor
better. and aids the goods in keeping
sweet
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
FOOTBALL

/ Philadelphia, Nov As had been an
/ ticipated. the University OF Pennsylva-
/ MIA football team was defeated by the
! Harvard eleven by a score of Is 10 Q. on
/ Franklin field this afternoon, in the pres
I ence OF nearly ., 600 spectators. Harvard
| deserved the victory because she played
the better game. At no time during the
/ contest did Pennsylvania have a chance
20 win. and the crimson goal line was
/ never even for a moment me1aced by
the players Of the Red-and-BIue There
were no sensational PLAYS and the game
was an ordinary one all through. :
At Denver-Denver Athletic Club, %;
Kansas City NEEDLES. o
At West Point, y. Yale a: West
Point. 0.
At Princeton, y. J.-Princeton, Is;
Brown. 8
At Omaha, Neb.-University OF iowa.
80; University Of Nebraska. 0
At Utica. y. Y.-Carlisle Indians. -:
Hamilton College. Q.
Al Chicaeo-Uuiversity OF Chicago, a;
Purdue University. o
At Notre Dame. Ind.-Notre Dame. Il;
Rush Medical College. D
At Beloit, Wls.-Belo!t College, .: Lake
Forest O.
A. Detroit. AFich.-University % Michi-
gan. Is; University OF Virginia, o
At Des Noires. Ta--D-ake University.
i; Missouri University. O.
~ Peoria, UL-Wesleyau. e; Bradley
Polytechnic. O.
A. Memphis Tenn--va1dehrt Untvar-
sity. Il, University OF Mississippi. g.
A. Madison. Wfs-Cuiverslty u Wis
c9EsiH, l.. Aiu-nni team. :
At Bloomington. Tnt.-Ir5ia1a T-river-
sity. o. University Of Cincinnati. O.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05

shipping cattle, ss1eGS. 20 for choice
beeves, and ss.5066. 70 for fancy lots. Tex
$50.
Hogs-There was a good demand for
prime hogs at steady prices. but heavy
packers and light weights sold slowly at
"a slight decline. Fair TO prime lots
brought A.1Gd4.25; heavy packers, 50. 75q
4.GI1z; mixed. S. S5G4. 17l5; butchers, 50. $50
f. 25; light weights, 3.90G4.2 pigs, g. 5oq
40
Sheep-There was fairly good demand
for sheep and lambs. common to prime
sheep selling at S2.00G4 80. and g. 75Q5. 80
for lambs, with extra lambs bringing $3.50
Q5.75- Yearlings sold at $1,000 IS.
eiptsCattle, 400; hogs, L, 600; sheep
1900
KANSAS CITY.
Kansas City, No, Nov. 4.-CattIe-Re-
ceipts, 1,500; market steady; native steers,
81 25G5. 30; Texas steers, s2.25Q4.70; Texas
cows, 81 4Gd3 %; native cows and heifers,
s.. 49d4.T stockers and feeders, s.. O0d4. %;
bulls, g. 25Q4.5O.
Hogs-Receipts. 5000; market steady;
bulk OF sales. t4.O21zG4 .0715; heavy and
packers, 81. Ge1zd4 .G71a; mixed, 81. O21zG4CJ;
light and workers, S4.O0d4.05 pigs, 50. $50
4.07la.
SheeD-lNone.
ST. LOUIS.
ST. Louis, Nov. 4.-Cattle-Receipts 500:
market steady; native shipping and beef
steers, s.. S5a6 90; stockers and feeders,
s.. 5od4-50; cows and heifers. S2.o0d4. so;
Texas and Indian steers, s.. ga. 90.
Hogs-Receipts, $3.50; market steady;
pigs and lights, 81 .00a4 071k; packers, s. 80
a4.10; butchers, 81. 05a4.15.
Sheep-Receipts, 100; market firm; ma
tive muttons, 50. S0G4 .35; lambs, "a Goa. IS.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
New York Bank statement.

New York, Nov. 4.-The weekly bank
( statement issued today shows the follow
ing changes: Surplus reserve. decrease
s. 5T6. SO; loans decrease 800. 300; specie,
decrease $3.S75.9OO: legal tenders. decrease
$4,000; deposits. decrease S. 767. 300; circu-
1 lation, increase S3e5. 200. The banks now
mold $685., 80 less than the requirements OF
| the > per cent rule.
The fnanc.er says; For the first time
since the panic OF 1893 the clearing house
/ banks OF New York City report deficit
/ in reserves, the cash on hand falling be-
/ low the required limit by 1895. $50. The
| deficit is due 10 the heavy withdra walls
! in cash, cont-aCtions in loans and depos-
/ its having been insufficient 10 lower re-
| quirements to the proper figure. The
statement Is further complicated by the
addition Of a new bank the Hide and
I Leather National. 20 the clearing house
In order 20 get at the real changes for
proper comparison. IL Is necessary to or
set the totals Of this Institution. This
done, IL appears that the losses % reg
! Ular members have been s2,sls.Ic0 IN loans,
$7.s 90 in deposits and s. 20 200 in cash.
which puts a new meaning on the exhibit
as whole. A great deal OF surprise was
expressed when the statement appeared
that loans had fallen of less than a quar-
ter OF million as published 81 the to-
tais. and IN explanation the expanding
business on the stock exchange was cited
Speculate has been much more active
of late, and little II any contraction IN
loans was looked for. Il seems. however.
that loans really have been reduced over
$50 a., which eliminates what otherwise
must be regarded as a discrepancy The
known operations o. the week, as far q
cash changes are concerned. do not dlf-
fer much from the bank reports. There
was a Joss OF over t2.6.C.lG3 20 the Interior,
and nearly as much 70 the treasury The |
ECvember dividend period was resp0nsf- /
Die for some unsettliuE OF 5usiness The /
future OF the market hinges now on The 4
continuance Of the interior demand Al /
this time last year money had begun . 1
return 70 New York, but up . the pres
eut the o'itgo much exceeds receipts u I
IS worthy Of note that domestic exchange |
81 leading ceute-s e changing slowly "A |
favor q Kew York funds On this city
being quoted a. par r. Chicago. fer the
first tine since last spring Bat tbs can
not BE- taken 20 signify thai u7o.ey e /
about 20 come east. for money rates n |
Chicago show signs ~ advance. The !
weak point IL TIE present situation e. the I
continued absorption = funds from the
banks into the trrasury. an operation tra.
axes funds oat o. the market quite az =
fsctivsiy as al export q specie 70 FL
rr-.-r'
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
cash RESERVE SHORT
Of Legal Requirement $685.
$50 in New York Banks.
FIRST DEFICIT REPORTED
Since the Panic of 1893
Event Is No Surprise.

| New York. Nov. 4--Since the surplus
| reserves of the New York banks fell TO
| about a quarter of a million dollars, in
mid-September. the professional traders
in stocks have looked for a deficit in the
| required cash reserves OF the banks al
NEST every week The wiping out of the
| surplus shown today was. therefore. not
a surprise. The wees events made the
stock market peculiarly vulnerable In
spots and the slump in prices Of a few
stocks gave an appearance OF demoraliza-
ton 10 the market Leather. especially,
which touched 80 at the opening, and was
above 50 when the bank statement ap-
peared, slumped 10 ., the breaks between
transactions reaching as high as points.
Marginal accounts in this speciality were
wiped out right and left, and then the
price was bid up again TO So. at which II
closed. Sugar and Brooklyn Transit were
also losers ia the extent of over points.
4 number OF other prominent irdustrials
lost between l and , points, but the gen.
eral list reacted only q fraction. There
were some violent recoveries from the low
level and the closing was feverish and
greatly excited at net losses all through
the list. The speculative excitement was
increased by the fact that the bank state
ment was withheld until ten minutes be-
fore the close of the trading. Efforts
TO close accounts IN the short time re-
naming made the market furtousiy &C
tive The loss IN cash shown by the state
ment is somewhat greater than was ex-
pected. which IS doubtless brought over
from last weeks condition by the av-
erage system Of computations. The trtv-
ial contraction in loans Of less than a
quarter OF a million dollars can only be
explained on the assumption that the
wholesale calling Of loans by she banks
early n the week was offset by q suose-
quent very liberal extension OF credits
The growing case in the money market
goes 10 confirm this view Such extension
Of credits must be based on a faith OF the
bankers that the current decline on their
cash reserves IS soon 10 be relaxed. The
upward tendency of New York exchange
at all interior points during the past week
indicates the ground of this faith. The
weekly bank statement Of the New York
clearing house institutions had not shown
a deficit since 1898 For six weeks past,
however, the surplus has been near the !
vanishing point, and at least half ana |
sometimes more OF the individual mem /
oers OF the clearing house have been be- /
low the legal reserve limit. They have /
not sought TO build up a surplus in that /
time, but have apparently been content |
TO discriminate IN the calling OF loans /
against collateral which did not please 1
them and, with their security thus i'm /
proved, they kept their funds loaned up 4
to the limit Of the legal allowance The /
average cash holdings now fail OF the /
legal requirement by sSSS. $50. The amount /
OF loan contraction necessary TO bring /
the proportion of reserve back 10 the le-
gal requirement would therefore be ST.
S53 400
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
COFFEE AND SUGAR MARKETS

ed a an advance of points on light local
Investment and foreign support. Trading
was tame TO the very close, but the gen.
eral trend OF sentiment continued dull on
light receipts and frmness in Brazil.
European news no more than met expec-
tations. Selling was checked by firmness
OF the spot market Closed steady, five
points net higher. Sales, 1900 bags, IN
Guiding: March, 5.45c; April, 5.45c; May,
5.55e; September, 5.75c. Spot, Rio firm;
No invoice. 61sc;' No. jobbing, SIC.
Mild, firm; Cordova, 2zQ11Ac; sales quiet;
trade only.
Sugar-Raw. firm; fair refining, 8 15-1sc:
centrifugal, IS test, 4 5-16c; molasses su-
gar, 9-16c; refined, steady.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
HOG MARKET STEADY
Fair Saturday Trade, Closing
a Good Week.
TOPS STILL AT $3.50
Cattle Market Steady With a
Good Business.

Yesterday was a very fair day for the
closing day Of the week. There was not
a heavy line of receipts, and neither was
it expected there would be. But for Sat
urday the business was quite satisfactory
and the trading good. There was a good
demand, all four buyers being on hand for
the hogs in their several classes, and ev-
erything offered was quickly absorbed,
the best prices being paid for them conso-
nant with the rest of the live stock mar
kets. The quotation was steady and this
was in line with ali the western live
stock centers. The average weight con-
tinues heavy and yesterday it registered
21 pounds. The run of lights and medi-
ums is not so great as the demand and
more OF this class could be used al this
market, and this condition seems to pre-
vail generally. However, all kinds OF
hogs have permanent buyers here now,
and they will al be taken at the best
prices. All the offerings yesterday were
readily snapped Up, and many times the
number received would have been bought
had they appeared. The wagon and local
trade was light there being three lots OF
fair size from this branch Of the trade
and two cars. There was good tone 10
the market all day, and as long as there
was anything to buy the spirit was buOp-
ant and trading active The week has
shown Up very well, and the dullness and
quiet experienced the farmers busy sea-
son has been supplanted by a reactionary
condition in which a larger line of re-
ceipts are shown. The quality and grade
Of hogs is better also, and on the whole
the week has recorded a very good sup
ply, with the several classes all repre-
scented, and a firm tone prevailing. Many
with his deals on this market.
more hogs can be used here and no ship
Per with any grade Will be disappointed
with his deals on this market.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
WOOL MARKET

London, Nov. An the wool market du-
ring the week there was continued de-
mand. There was little merino wool avail
able, as anything obtainable within 10
per cent above the prices OF the last auc-
ton sales was taken up. With the
strength in the Australian markets and
the confidence abroad there is every pros
pect Of a substantial advance at the forth
coming sale, which is scheduled for No
vember Is. The arrivals to date for the
coming sales number s., Al bales, of which
400 we're forwarded direct.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
DRY GOODS MARKETS

New York, Nov. 4.-The market closes
the week quietly in both cotton and wool
en- goods divisions, but with no abatement
Of strength in either. Quotations are all
unchanged. but the tendency of prices is
upward still, in brown, bleached and
cOarse-colored cottOns. Prints very firm
for all staple lines. Fancy calicos we'll
sold up. Printed goods tending against
buyers No change in ginghams Amer
lean cotton yarns strong and frequently
PC per pound higher Worsted and wool
en- yarns active and advancing.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
COTTON.

Galveston, Tex, Nov. -Cotton-Firm
71sc.
New Orleans, Nov. 4.-Cotton-steady;
middling, 7lsc.
Liverpool, Nov. 4.-Cotton-Spot. mod
crate business; prices higher; American
middhug. lid Futures closed quiet.
but steady.
New York, Nov -Cotton-Futures
closed easy; November, s7.25; December.
1925; January, S.39; February, 1.S1;
March. $7.33; April, 1874; May, 81. IS: June,
&-37; July. S7.37; August, S.. SO; Septembe
Is qS. Ootobar e. 90
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05

: asa-rgt9a. NoF- TIE Israrlsl ca
IA Comnssssoa to4ay resolved cza,e al
wees confirming ths reported err Ers-E
q tE2 n3eEaSrs = o1e - she survey
parties now II Sie4-zg1a- Ths e-z.zes-s
lost were F0aak 3. Clarke o Fs.rc7. y
7. ealet - the party All Oliver CoE-
unEs Afiznack Roduaa = wasAszztsz.
TIE so5ges have aot azea rscgverrE
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
Ruee neaIin Coal Vine pronertr

Pltts5urE- Pa Nov. As The result o,
a combination effected by eastern. capi-
talists with J. n. GuTey o This city =. -
acres % ths richest coal lands IN Wes.
Virginia intending q network o. raBroa ds
from the mines. valued in all a. = so sln.
pass into the control a q company that
VIII De one q the largest cal producing
concerns in the United s-ates- TIE land
lies IN Preston county. y. Va
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
his deals on this market.
REPRESENTATIVE SALES
CATTLE.

The cattle market was steady with a
very fair business. Mr.. J. a. Wood of
hingfsher, who brought in a car load
Of good two-year-old stocker steers the
day before, sold out TO Mr. Van Bus
kirk Tom Alexander had in bunch OF
srockers which sold at top prices, and
there was fair supply Of mixed stuff
from local driven-in trade.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05

ern, s01zGS4c: track white. state. Se1zd34c
Options nominal; no business.
Butter-Receipts, 1873 packages: frmer:
western creamery, 17G34lzc; June cream
cry, I7l2c; factory, 141z617c.
Egg-Receipts, 5,55S packages; market
steady; western ungraded, at mark, Ii
11Sc.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
LIVESTOCK MsEkEr>-

CHICAGO
Chicago. Nov. -Cattle-Tle srralI sun
p'r If cattle received today We're dis
posed Of az unchanged prices. sales be-
81 m q basis 81 Si.e0T4,-5 for common
e-~sv lots. - .dol5.5o for Medium grades
cr dressed beef steers. S5.50l6.l0 for good
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
METAL 1TARKET,

New York, Nov. 4.-Pig iron dull: north
ern, &eQ4: southern, $19. 5Gd24 Copper
UuH; brokers, ST. Lead, quiet; brokers.
81 10.
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05

gentleman Eying on Vermont zyenue in Atlantic Civ /
relates the interesting though somewhat pzpA q yonz
who clerk II ladies' SUIT department. that city The
young man lived win ne. ire gentleman explains ard ir
years re suffered from Indigestion After tyng many oocasd
n this trouble seemed help HIN zad be ss zsi
discouraged read Of Rpans Tabes ard he coucu3ea IS sf
hope give them t and you ought 10 SEE ire good The
Iabus have done him Precious tsag hen hs cost scarcely
eat anything Now - eats Ike kbofeT. Br5se not
SLEEP he TOW sleeps Ike top We had CUTE number Peg
PIE staying "Tth Us tbs sgter and he1 any complained
g OF q soTs mercy gave them Tzbue ard they
no2 and SPEAK highly q them pleased zs-crn
package whh a1 enable me 70 he more Ea saop4ng ths
people around"
s s-rs
49, - - -. -
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
LETTER LIST.

Letters advertised by postmaster at
Wichita. Kansas. for the week ending
November 5th, 1899:
The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-05
Fer-i~. steck.-na Mon.r

New York. Nov 4--Couue-cfaI- sTa--
tlsars london financial cabEezrzr1.
There was very }tt]s buslnees on fa-
stock ~xcharEs TO-DAY. owing % ire AL
se2ce q meas from ere Tra1svaaL A-ne--
i-zus were dol and stationary
Paris. E1v. 4--C1u fhe hau-se ;1azv b1v-
!1ess opened guiat. asf prs@~s weakened
s7rrcbe1si5-zs y Gearer uonsy csuss- ?
Fsies q iHt@ruz-is1sl zecg-irles Izter
prices rallied and closed f--
E=--- Nov. 4-Prfces OF re dsa-zs 80
csy were uz3ect1ss. fl vfeE - taa a.
seoce g nswz Americans wsre barely
steady.