SCRAMBLE FOR GOLD Not Caused "by a Need for the Metal, hut by a Desire to Provide Against A POSSIBLE PANIC DEMAND The Shortage of Solid Metal in the Treasury ot Any Country IS KO REASON FOR ANY ALARM. Matthew Marshall on a Cnrrent Item of Great Importance. WHY SO MUCH GOLD IS GOING ABROAD rtrrCIAI. TELEGXAM TO THE DISrATCII.l New Yoke, Dec. 18. "Scrambling for Gold" is the title of Matthew Marshall's article for to-morrow's Sun. It reads as follows: Small shipments of gold at the beginning of last week, with threats of larger ones toward the end of it which, however, were only partly fulfilled made a great pertu bation in the money market aud, aided by some great financial settlements, seriously depressed the prices of stocks. Loans were called in on Friday to an extent which temporarily put the rate ot interest up to 25 per cent per annum and caused a decline of from 1 to 3 points in the whole stock list. , Why the loss of a few millions of gold most of which came out of the United States Treasury from a total currency amounting to "over 51,000,000,000 should create so marked a scarcity of money is ex plainable only upon the theory that tear is more potent than actual fact To be sure, is is small comfort to a man who is carrying stock on borrowed money and has his loan called without being able to place it again except at 23 per cent per annum, or possi bly is compelled to slaughter his security on the Stock Exchange at a panic price, to be told that he is the victim of a groundless delusion, but that is one of the risks he took when he bought what he had not the cash to pay for. A Chance to Kecoup Losses. A delusion equally unreasonably may come ere long, to put prices up as much as they are put down, and then, if lie has been able to Hold on or to buy in again, he will recoup his loss. An instructive incldentin Friday's flurry is the effect which the rise in the rates of interest had in checking the very shipment of gold which led to it It was a beautiful illustration of the automatic regulation of the flow of currency by supply and de mand, and it ought to do a great deal to ward dissipating the lalse idea which many people entertain that gold is exported and imported not as matter of business, but for some mysterious and recondite purpose which has no connection with pecuniary gain. No one supposed that wheat or cotton or pork or tobacco is sent out of the country lor any other reason than because it will bring abetter price abroad than it does at home, and an increase in the export of these articles excites neither surprise nor alarm. Yet when gold is exported the transaction is treated as one of exceptional significance, and all sorts of explanations are invented lor it in disregard of the true one, which is that the owners think they can use the gold more to their advantage abroad than they can here. Fouudatlon Tor a Credit ifabrie. In one respect, it is true, gold ilifiera from other commodities, and it is this difference which accounts tor much ot the current superstition in regard to it. It serves as a foundation upon which civilized commercial communities have reared an immense fabric ot credit, so that ior every unit ot gold in use there are many credit units of the fame value. Thus we have in this countrv 534(5, 000,000 of greenbacks and 5120,000,000 of coin notes, which are of equal trade value with gold, although the Government keeps in the Treasury only 5123.000,000 or gold with which to" redeem them on presenta tion. Evidently, if the holders of ail these ' notes were simultaneous! v to demand gold lor them, onlv 5123,000,000 of them could be redeemed and the rest would become mere evidence of an uncollectible debt, or what used to be called "failed paper." In the same way the Bank of England has out 5SO.000.000 of notes against which it holds no gold whatever, and the Bank of Franca 5650,000,000 of notes against only 5335,000,000 of gold. A simultaneous de mand lor the payment in gold ot all this paper money would Inevitably result in some of it not being paid, and when to it we add the obligations to theirdepositors of in stitutions emitting it, the disproportion of real gold to credit gold becomes greater. Never Enough Gold on Hand. The banks of this city, as a further illustration, owe their depositors $450,000, 000 and their note holders 55,500.000 more, but have in gold only 577,000,000 or there abouts with which to pay their obligations on demand. Thus any given increase or de crease iu the quantitv of gold held by governments or bv banks is magnified sev eral lold, as the rise or fall of the mercury in a barometer is magnified by the index hand on its dial. ' The proportion of real gold to credit gold upon ti hich it is supposed to be prudent to do business varies in different countries. The United States resumed gold pavments in 1879 with lef than 5100,000,000 gold, against 5346,000,000 of legal tenders, and since then, although we have immensely in creased theamountof papenmpliedly, if not legally, redeemable only in gold.5100,'000,000 ot the metal lias been treated a a tare mini. mom. thnuzh ax this moment the treasury has $123,000,000. In England the entire bank depo-lts or London rest upon cold In the Sank of England to the amount of only about one-eiehth or their total. The Bank of France ha. In addition to Us circulation or $650,000,000, deposits to the amount or $150. 090,000. making its total liabilities $S0O.CO0,O0O, to nay which it holds bnt $333,000,000, or 42 per cent ot the amount in sold. Why the State or Affairs Is Thus. This great difference in tho proportion of gold reserve in the countries mentioned may be explained partly by the habits of their people Frenchmen, tor example, being accustomed to do business more for cash and less upon credit tlincthe English 'but also by the different dogrees ot their enterprise and skill. However this may be in detail, the broad fact Is" everywhere the same in commercial countries, that a more or less magnified superstructure of crodit Is l eared and maintained upon a conservatively small amount it solid money, the mutual confidence nr men In eacli other snpnlylng tho defici ency. It is plain, therefore, that an v alarm following, a diminution or a country's stock of cold is not tho result or an impairment or the ability of its government, its institu tions or its private debtors to pay their obli gations in that medium, because they never frave that abllitv in full, bnt only partially. 'Whether our Government, for example, holds in its trensury $100,000,000 or, $50 000, 000 or $200,000,000 in gold, it could not redeem with it the $3(6,000,000 or original greenbacks, mucii less the additional legal tenders under the act ot July 1890, and the millions of silver dollars and silver certificates which it is bound in honor to make as good as gold. So. neither, could dur banks nor the banks of Europe, with all the gold they possess, pay more than a part of their outstanding obligations. For the liquidation of the rest they would have to call upon their debtors, aud thus bring all business to a stand. Emptiness of a BiOIetaUlst Plea, These facts demonstrate also the empti ness or the assertion so orten made by bl metalllsts and free-silver-coinage men, that there is not gold enough in the world to do business with, and that, therefore, silver is seeded to supplement It. It would be suffl- clent to say, in answer, -that business Is done mid goes on swimmingly in spite of the al leged deficiency of gold, but bes.ides.thls, as we sec, the use of credit supplements gold far more satisfactorily than silver could, and with infinitely less danger and expense. It is time that the amount of credit is checked und limited by the amount of gold upon which It rests, bntnoenlargement of that amount, either by au increase or the gold Itself or by the addition to it of silver, would remove all limit to credit. There would always be a point at which It would have to stop expanding, and then the cry of distress would be renewed. The Secretary of the Treasury, in his recent report, suggests that the present re serve or $100,000,000 gold in the Treasury for the redemption of the Government paper money is too small, and recommends that it bo increased by the addition of 20 per cent of the outstanding coin notes Issued under the act or July, 1690. Not Exact'y Charlie Foster's Views. Neither the $100,000,000 limit nor the 20 per cent limit is determined by any scientific process, but is a matter of pnre guess work, representing merely an estimate of the probable amount which would be needed to stop a run on the Treasury lor gold if one should be commenced. In like manner the Government of Austria Is at this moment accumulating gold to the amount of about $100,003,000, with which to maintain at par $300,000,000 of paper money. This is a larger proportion than our Secretary recommends, but not so large as that maintained by the Bank of France, und is equally determined by guess. The upshot of the whole matter is that the" scramble for gold now taking plHCe here and in Europe Is caused not by a real need for the metal, but by a desire to provide against a possible panic demand. But lor this dan ger. Indeed, no gold reserve would at any time be necessary bevoud tho small amount required to settle international balances. Still, human feeling Is an element which financiers as well as statesmen have to take into account, and so Intelligent a body of men as the governors or the Bank of Eng land are obliged, for the credit of the insti tution, to protect, by raising their rate of discount, their gold reserve against deple tion when depletion is threatened. The bank is really none the less solvent with a small stock of gold than with a large one, but the public does not think so, and public opinion must bo respected to avoid ti ouble. In this country people a yet view without alarm the steadily dwindling pro portion of Government gold to Government paper, but sooner or later they will Inncy that it has become too small, and then will begin a sci amble for gold on their part whlcn it may require energetio measures to stoji. LOCAL SECURITIES. A Week or Heavy Trading and TVlde Fluc tuations, Especially in the Street Kail way Shares No Declines as the Result or tho Week's Operations. The transactions on 'Change this week aggregated 7,576 shares of stock, against 1,556 last week and 4,447 the previous week. The market was rather broad, particularly during the closing days, and, while the changes are all gains, some of the shares, notably Duquesne and R & B. tractions, closed considerably below the highest prices of the week. The closing bids to day, compared with those of last week, show the lollowing changes. Advancet IT. & M. National Bank. U; Philadelphia Company, 1: Central Trac tion. H Citizens traction, : Ben Franklin Inuinnce, lj Pittsburg traction, ; Pleasant Valley Railway. : Duquesne traction. 1; P. & B. traction, 1; Airbrake, 3; Underground Cable, ZS. Decline None. Close or the Market. Transactions at the last call of the week to-day were as follows: 10 sharei Onquesne traction 23 15 shares Pleasant Valley railway 25 100 shares standard Underground Cable 78 SO shares MamTard Underground Cable 7s 50 shares Standard Underground Cable 78 S3 snares standard Underground Cable 78 10 sham P.. A.1M. traction 43l 50 shares 1". A 1!. traction 25 15 shares P. B. traction 25 10 shares 1. A U. traction 25 10 shares Philadelphia Company 21H SO shares Wtstiugnouse Alrnrake. 13u 10 shares Wesllughouse Airbrake 130 Total tales, 385 shares. Closing bids and offers: bank STOCKS. Par. Bid. Asked. Allegheny N atlonal Bank 50 66V Commercial National 100 16 .... Citizens' National Bank 00 .... 6614 Fourth National Hank HO 122 Iron dtr National Bank . .. 50 .... 00 Iron and Glass IJollar-SaTlngs. Juo .... 175 ilcr. Jt Manulacturers' N. Bk. 50 75J INSUKA.NCE STOCKS. Allcmannls 50 .... 43 Armenia 60 .... 70 Bra Franklin SO 49 .... Oltllens SO Z3i 25 Teutonla 50 .... 69 AY estern Insurance Co 50 .... 40 .NATCI1AL GAS STOCKS. CharrUrs Valley Gas Co 100 lOJf PemsvlvanlaGasCo 60 .... lOJf Philadelphia Co 50 219j 21K Wheeling Gas Co 50 .... 17), rASGER u'r STOCKS. CentralTraction SO 28)f 29 Citizens Traction SO 62T, tZH Pittsburg Traction 50 SO 61 Pleasant Valler ' -H 14Si icconil Avenue 50 6tf .... KAILROAD STOCKS. Cbartlcrs Railway SO .... C5 Pltuburg, Yonngst'n and A... 50 47 .... Pittsburg and Castle Sh'n 50 5 10 Pittsburg. Wheeling & Ky.... 50 .... 50 COAL bTOCKS. N. V. & C. Gas Coal Co 60 50 SI MINI-NO STOCKS. La Noria Mining Co 25 15s 20c LusterMInlugCo 10 9 84 MI3CKLLANKOCS STOCKS. Monongahela Water Co 25 31 Union Switch and Signal Co... 50 18)4 is Union Switch and S. Co. pref.. 50 .... 40 Weetlnghouse Airbrake Co. lira 50 .... 112 Standard Underground C Co.. 100 78 78 U, S. Glass Company, com .... 100 65M 6SH MONETARY. A steady to firm 6 per cent money market prevailed In Pittsburg all week, witb but few signs of any change of conditions until after New Year's. Eastern exchange and currency traded even. New York, Dec IT. Money on call was nominally 4 per cent. Sterling exchange was easier, bills at 486 for 60 days.Jand 487J QtSi for demand. Posted ratal 4S64SS. commercial bills 4S4Ji485J and 48 Clearing liooge Figaros. Pittsburg Exchanges to-day 2,449.954 02 Balances to-day 458,265 29 Same day last week: Exchanges $2,323,220 20 Balances 393,226 11 The figures of the past two weeks compare as follows: Exchanges this week 115.033.014 05 Balances this week 2,530.2.7 03 Exchanges last week 15.633.613 07 Balances last week 2.812.185 78 For tho week of 1891 corresponding with this week the exchanges were $13,492,493 18. Total exchanges to date. 1892. $733,728,532 51: same time last year, $554,835,383 76; gain this year, $70,843,166 73. New York. Dee. 17. Clearings, $1S9.3C0,046: balances, $9 418,359. For the week Clear ings. $33 349,883; balances, $38,23,589. BosTOir, Dec 17. Clearings, $19,253,693; bal ances. $2,026,417. For the week Clearings, $114,5:4,383. balances, $12,5(7,512. Honey 5 per cent. Exchange on New York pur to 12o discount. BaltixOBE. Dec 17. Clearings, $3,242,342; balances, $646,791. Money. 6 per cent. Chicago, Dec 17. Clearings to-dav, $20,180,. 651. For the week $111,486,732 against $97. 614,137 for the corresponding week last year. New York exchange, 25c premium. Sterling exchange quiet; CO-day bills. $4 S6; demand, $4 tSK. Money steady at3Gper cent, St. Louis. Dec. 17. Clearings, $4,103,710: bal ances, $413,378. Clearings this week, $27,151. C12; bniances, $2,631,938. Clearings last week, $28,217,982; balance $2 678,727. Clearings cor responding week last J ear, $24,810,632; bal ances, $3,333,816. Money quiet at 67 per cent. Exchange on New York, 25c discount. New Orleans, La., Dec. 17. Clearings, $2.6(4,270. New York sight Commercial, 50o discount; bank. $1 00 premium. Jit Mr H is, Dec 17. Clearings, 439,486: Bal ances, $S7,84L New York exchange selling at par. CIHCIUXATT, Dec 17. Money 4Q7 per cent. New York exchange 4023c discount. Clear ings to-day, $2,293,300: tor week, $14,676,500; week last year, $14,214,050. , Philadelphia, Dec 17. Baa If clearings to day, $14,658,862: balances, $2,121,727. For the week the clearings were $78,482,567, and bal ances $10,892,364. Money, 4 per cent Bar Sliver. New York, Dec 17. Special Bar silver in London 8SS-16d per ounce New York dealers' price for assay bars, 8io per ounce Closing Philadelphia Quotations. , Bid. Asked. Pennsylvania .1 M 63 Beading 2J M 15-ls Buffalo. N. Y. and Philadelphia.. 6 X Lehigh Valley 57J4 C7K Lehigh Navigation W Phlladelnhla A Erie. 32 .... Northern Pacific common 15 IB9fc .Northern Pacific preferred an VH - THE PITTSBURG THE GOLD SHIPMENTS Caused bj Low-Priced Staples and Unusually Heavy Imports. A BULLISH NOTE FROU KEE5E. He Fays Gold Fxpwts Are legitimate and the Sherman Law a Failure. SUGAR INSIDERS GROWING NEEY0TJS rfrZCMt. TELEGRAM TO THE DtSPATCH.l 2vEwYoBK,Decl7. The same Influences that governed the stock market yesterday and the day before were effective this morn ing, but their force was modified somewhat by the easier market for sterling exchange, which in turn has led foreign bankers to reduce their estimates of the amount of the specie they may be required to ship on Tuesday. On Thursday the current talk was that a large amount of gold, $5,000,000 to $6,000,000, would be exported next week. Yesterday the estimates were reduced to $3,000,000 and to-day some bankers placed the amount at 52,000,000. The money mar ket this week has been disturbed by the shifting or about 515,000,000, of which abont $4,000,000 has been sent out of the country, $3,000,000 collected in bank in preparation for possible exports of specie next Tuesday and the remainder was used in operations of an entirely local character. The geld shipments can be accounted for upon other grounds than the assumption that our present use ot silver is driving the dearer metal out of the country. The low prices for staples, notably wheat and cotton, and the smaller volume of the exports of both, as compared with last year, and the heaVy imports, are all well' defined causes which should be accepted by the public as logical, if not conclusive, in preference to any assumption.. As to the immediate future of the money market bankors who are engaged in business -lor what they can get bpt ofit express the opinion that money will rule at full'figures the balance of the year. The dealings in stocks were on about the usual Saturday scale, the total transactions during the two hours that the Exchange was opened lor business being approxi mately 25,000 snares, about one-fourth of which was supplied by Distilling and Cattle Feeding, as was the case yesterday. That stock sold at Bi, making the maxi mum decline for the week nearly 8 per cent, but it closed atji recovery of a point, mak ing the net decline for the day K Per cent and for the week i per cent. Other noteworthy dealings were in Na tional Lead at a net losi of i per cent, in Chicago Gas at a net decline of nearly 1 per cent, and in Sugar ,Befinlng, which closed only a shade below the final price of yester day. The greatest losses were sustained by a few of the less active industrials. The railway list was comparatively neglected. SPECIAL FROM DOW. JOKES & CO. New York, Dec. 17. The market being practically without any transactions in money or exchange to guide it, moved some it hat less erratically than of late. The principal factor influencing the trading throughout most of the day was the cer tainty that at least $4,000,000 nold will be exported next week, aud the uncertainty as to whether the check to the exchange market is any more than temporary. A feature in the early trading was some considerable buying ot Distillers by Keene brokers at prices above yesterday's closing. But these purchases were immediately swamped by heavy liquidation, Influenced by the money outlook." It was noticed that there was quite an appreciable amount or bear selling to-day by people who believe in the eventual recovery of the market. The point was given that stocks are now ready to rally sharply on any change for the better. Nevertheless there was no indication of such change in to-day's market until shortly be. lore the close, when an important interview with Mr. Keene was published, in which be said that he considered the gold exports legitimate, and that the silver question would adjust itself before long. . He also ad vocated the repeal of the Sberman law and declared himself a strong bull on railroads aud industrial stocks. The rally that fol lowed on this was lost almost immediately on an authoritative statement as to the amount of gold to betaken next week.under tho influence or which the close was weak. Xondon had small buying ordora at the opening, but they were immediately filled and passed almost unnoticed. The insiders on Sugar are nervous for fear of possible adverse action by Congress. Mr. Havemeyer says he would not be surprised to see Sugar below par. London opinion is that the money market here will verge on high prices until the re peal of the Sherman act. Stocks generally loaned to-day at 8 to 10 per cent, Distillers loaning at the highest rate. Government bonds closed as follows: TJ. b. 4i reg 113 U.S. 4s coup 114 U.S. 2s 100 Pacific 6s of 'M 105 Louis, stamped 4s... 07 Missouri 6s 105 lenn. new set. 6s.. ..103 Tenn. new set. 5s... .101 Tenn. new set. 3s... . 76J( UanadaSn Ms fa Cen. Pacific lsts 107 Den. .tit. G. lsts.. ..117 Den. & It. G. 4s 86. Erle2ds l"lH M. K. A T. Gen. 6s 7951 31. K. AT. Gen. 5s.. 48 Mutual Union lis 112 N. J. C. Int. Cert...lU9i Northern Pac. su..1184 Northern Pae. Ms. .111 North. Consols m North. Debentures 5sl04 St.L. At. 31. Gen. 6s S4 bt. L. AS. F. G. M.lll bt. Paul Consols ISO St, P., C A Pac. Istsll7 T. P. L. G. Tr. Rets 7S T. P. It. G. Tr. Beta 27 Union Pacific 1813...106K West shore 1M' K. G. W 79J4 Close of mining shares: Crown Point Con. Cal. AYa. .. . Dead "id Gould & Curry Hale and Norcross.. Hoinestake Mexican North Star. Ophlr 165 200 120 . CO , 110 Pirmouth . 50 Hlerra Nevada.. Standard Union Con 125 IS 110 50 550 !700 1300 120 650 10 Yellow Jacket.. Qu Qu uteksllrer. IcksllTor, prer..... Ontario. The total sales of stocks to-day were 240,000 shares. Including: Atchison, 3,400; Chicago Gns. 14.500; Lackawanna, 4,500; Distilling, 67. 0(10: General Electric, 4,000: Missouri Pacific, 4,800: National Lead, 18,000; New England, 7,200; Northern Paciflo uroferred, 9,800: Head ing. !2,900: Richmond and West Point, 5,135; Rock Island, 3,600; St. Paul, 9,700; Sugar, 13, 500. The following tahle shows the prices of active stocks on the is ew York fctock Exchange, corrected dally for 'I HE DlsrATClI by Whitney A Stephen son, oldest Pittsburg members of New Y'orkS.ock Exchange, 57 Fourth avenue: Close Dec. 16. Open High Low- Clos ing, est' est. lug. 40)4 40V 33 39 T 79' 78? 78li WB 107)4 100. IOC'S 96H 88S 97 H7ii 33S 23h 33X ZOi 94 94 93,1, 93k 92 89 56H 5W 56 HH 125 125 123 I22S 27)4 22 22 2i 22)4 91H 92 WH 9114 97S 97V 97 97H 76H 76X 70 75 UO 120 120 11934 83 eS'i 82M K'i 475, 474 47 47,S 118 , 118 117V 117 111)4 11114 H0H HOK 1423 142V 142V 65 58 57)4 67 ...... 90 40H 0V 4014 AO'i 28 2SH 2S 28 I50 ISH H8K 148V 120 129 127Ji 127 V 15K . 50H 51 50'i S0H ean 67H th MH H SS 3'i 1 98 98' 07 97H SM S!i S 22 74 74 73 73)j 1"0H 13 1.BH 130 70 70'i 6JV 69V 113!4 135H 133 13- 105 105 1(15 104 31 t 34 334 33V SS'i 5SH 5S!i 564 1S9", 13SJ4 138 !S3M 1124 48J4 ,46V 444 44ft 53 USH 92V 9Hi 109 109H 109 109U 174 17 17K 17 74 35 23V 24 23H 23U 54 54 54 43 43V 424 42K 184 18H 184 18X 10J iOH 10 104 164 164 16 15jJ 434 48V 474 474 214 214 214 204 264 26 25 254 164 16M 164 164 53V 54! 534 534 19 59X 594 694 59 185 190 1944 196 7 7X 6 7X "iiJi "! "iili 41 105 '.. 1114 j 374 37V X7X 364 10V 10V 10V 104 23V 234 234 MX 944 034 t4 "bS "w '! a i .m. IVttnn (111 Am. Cotton Oil pref Am. sugar xteiK w. A. Suzar R. Co. pref. A., T. A &. P.... Baltimore A Ohio.... Bait. A Ohio Trust.. Canadian Pacific Canada southern. ... Central of N. Jersey Central Pacinc.... .. Chesapeake A Ohio.. Chicago Has Trust.. c'l si! a st. p. pref Jc-R-'p V -.; C.'.St.P..il.AO.pref Chicago .iwiw Chicago A N. pref... C. a. C. A t........ C&.C. A I. pfd... Col. Coal and Iron. Col. A Hocking Val. Del., Lack A West.. Del. A Hudson Den. A Rio Grande Den. AUIoO'e.prel Ills A C. F. Trust.. E. T. Va. Ga Illinois Central t . Va Vrtn Jfr- WfKt Lake Erie AW., pref Lake Shores si. ?.. Louisville A Nash'e Manhattan- .... Michigan Central... Mobile A Ohio Missouri Pacinc... National Cord.-Co.. Nat. Cord.Co.,pref. National Lead Co... Nat. Lead Co.. prer. New York Central. N.Y..C. A st.L... N.Y..C.ASt.L..lpf. N.Y..CAst.L..2Br. N. Y-. L. E, T. N. T.. L. E. ..L.E.AW..P i-. A kJEi ., O. A TV lnmh lmln fVl Northern Paciflo.... ti. Pacific prefd..., Ohio A 3Ilss..t PaclOc Mall Peo. Dec. A Evans., Philada. A Reading. P., C, a A St. L... P. COASt L. Vti, Dk11m.ii Dilas f Richmond A W.P.T it. A w. r. t, pra. St. -Paul A Duluth.. fat. P. A D.. prefd. SUP., M.AM Texas PaclAc Union Paciflo Wabash Wabash, prefd Western Union Wheeling A L. Ti... W. AL. E,,prefd,. DISPATCH, MONDAY, DECEMBER 19, 1892. GENERAL MARKETS. New York Flour Receipts, St,5Si pack ages; exnorts, 1,485 barrels, 8,465 sacks; dull and weak; sales, 8.J00 barrels; low extras, $2 OOgi 55; winter wheat, low grades, $2 00Q 2 55; fair to fancy, ti 603 75; patents, $3 25 4 15; Minnesota clear, $2 5003 50; straights, $3 604 15; naterits, $4 25i 75; rye mixtures, $2 903 50. ' Cobkmeal dull and steady. Wheat Receipts, 73 625 busheU: exports, 128,550 bushels; sales, 595 000 bushels futures; 16,000 bushels spot; spot dull and easier; No. 2 red, 765o store and elevator ; 76Jo afloat; 75J477Jio r. o. b.: No. S red, 72c; ungraded red, 7678c; No. 1 Northern, 70Jc; No. 1 hard. 85S5ic; No. 3 Mil waukee, 73c: optlops opened firm at o advance, reacted Jac on easier cables, weak West and local realizing, closed weak UBiUa lower than yesterday, moderately active; No. 2 red, January, 7575 B-16r, closing st 75c; March, 77e. closing at 77J6C; May, 79?680Kc, closing at79Jic. Rtk dull and nominal; Western. 5l5Sc. . BAM.XY quiet; Westerji, 6080c; No. 2 Toronto. 84S5c Bahlxt malt quiet; Western, 7882e; city made Canada, $1 001 05. Cons Receipts, 13,600 bushels: exports, 19, 886 bushels; sales, 100.000 bushels futures, 9 0.0 buahels spot; spot dull and weaker; No. 2, 50J4,Srt$c elevator: 61c afloat; on tlonsduli:H?i0 lower as following wheat and the West Closing steady. S0Jc; January, 50Kc; closing, 50c, May, 52 5J:;ClOslng. 52c OATS-Becelpts, 42.000 bushels; exports, 4.584 bushels: sales, 30 000 bushels futures, 41,000 bushels spot: spots dull; white firmer: options dull and enslen-Jannary, 37c, clos ing. 37c: May, 39Ja397-16. Hay Arm. Hops firm and fairly active: state good to choice, 1823c; Pacific coast, 1823c Groceries Coffee Options opened firm and 5 to 25 points up and closednt 2030 up: sales, 33,500 bags, including December, 16.20 016.55c; January, 15.7501581c; February". 13.65 11.70:: March, 15.4515 55c: April, 15.85 15.40c: Mar, 15.20 15.80c;' July, 15.25c; Septem ber. 15.i515.S0c: spot Rio dull but flrmerat 16ji16ko for No. 7. Sugar Raw, (lull and firm: fair refining. 3c; centrifugals, 95 ti-sr, 6J.C; off A, 4Ji4 9-16c: mold A, 1 15-165c; Standard A.4IM6lKc: confectioners' A, 4 9-164Vc: cut loat. 5 5-165)ic: oruilied, 5 5-1605UC; powdered, 4 13-165c; granulated, 4 ll-lt5c; cubes, 4 13-165c. Molasses firm; New Orleans quiet and steady; open kottle, new, good to choice, 2537e. Rice in fair de mand and steady: domestic, fair to extra, 4B?ic: Japan, 4K3c SCoTToir seed oil, crude, S6c asked; yellow, 38H039O. Tallow steady; city ($2 for pkzs), 4 15-16C Rosix, dull and steady; strained, common to sood, $1 27K01 32. Tcbfehtink dull and steady at 3131c Eaas dullj'fancy steady; Western best, 27K c. Hides steady and quiet; wet salted New Orleans soK'Cted, 4560 ponndo, and Texas selected, 5"60 pounds, $5 007 00. Hoo PBODroTS Pork quiet and firm; old mess, $15 0015 25; new mess, $16 0016 50; extra pilmr, nominal; cut meats, inactive; pickled hellie-. Ec; do shoulders, 8K8Hc: io hams, 10llc: middles, dull; short clear, $8 53; lard, easv nnd nominal: Westein steam closed at J10 25; Fains, none; December, $10 20 bid; January, $10 15 bid; March, $10 15 bid; Mav. $9 85 bid. Dairy products Butter quiet; Western dairy, 1724c; do creamery, 2030c: do fac tory, 15AJe; Elgin, 2930c. Cueese moder ately active and firm; part skims, 33Kc- Ittlnneapolls May wheat sold to-day at 69c The feeling was very weak ana this market was relatively weaker than Chicago. The difference at the close had widened a half cent for the day. The Chicago crowd was on the bear side. There was talk of another big increase in the visible supply on Monday and this started selling. There was considerable long wheat dumped on the Minneapolis market at the opening, which caused a weakness here that held well throughout the session. Some of this wheat was bought back later, though, and the buy ing at the close brought the market around to the opening price. May wheat opened at 70c, and closed at the same price after selling down to 69c. and holding there for a short time; December opened at 6?c, and closed at 64Xc; there was a good demand for No. 1 Northern, which sold from 64V65o, and No. 2 Northern from 5860c: receipts ot wheat here were 410 cars, aud at Duluth and Superior, 307 cars; close December, 6ic; yesterday, 65c; May. 10c yesterday, 70scj on track. No. 1 hard, 68c: No. 1 Northern, 640; No. S Northern, 5360c. St. Louis Flour (lull and unchanged. Wheat advnnced VJSiM early, then declined :, nartially rallied and closed firm at o under yesterdav. Casn, 65c: December, 63c: January, 66c; Jlav, 7Jc; July, 72c. Turn one nrd n shade off and declined a frac tion more later: tuera was a partial re covery, but the close, was at&ac ueiow yesterday; cash and December, i'Mc: Janu ary, 38c; Februarv, 39c; May. liQHUo. ntq dull! man. HVai Jlav easier m ii'ABl 34Jc Ryo scarce: 50c asked. Barley very slow; Minnesota sold at 60c. Bran dull at 58c. Hay unchnnced. Flaxseed, $1 07. Com- meal quiet at $1 oo. Philadelphia FloUr unchanged. Wheat depressed; Ko. 2 red in jexnort elevator, 74V" No. 2 red, December, 7S74c; Januarv,74 74Kc: February, 73&7oc; March, 77Ji7t); No. 2. 7777?ic Corn quiet; steamer in ex port elevator, 45Jc;No. 2 tat local trade, 79 0I79UC! No. 2 in exnort elevator. 4??ic: No. 2 led, December, 48c; January, 4SJ49c; February, 4SV49 ; March, 4S3il9e. Oats canois uaieiy ctteaur; mi. j, hiiacu, aiu; u. 3 white. 39c: No. 2 white. 41tlc: do on track. 41c; No. 2 white. 4r40?ic; Januarv, 3940Vsc; February, 40Ji4uJic; March, 40 4uJic. E0'gs scarce anu firm; Pennsylvania firsts, 29c. Baltimore Wheat weak: No. 2 red spot and December, 73fl73c; Jnnnary, 7474c; February, 75cu8"d; May, 7S7&Kc; steam er No. 2 red. bSJc bid; receipts, 7,0.x) bushels; shipments, S2,0lO bushels. Corn steadv: No. 2 mixed spot. Year and January, 4848c: February, 48K18C! -May, 51c bid; steamer mixed, 46Q47c; receipts, 19,000 bushels; shipment-, 17,000 bushels. Onts firm: No,2 white Western. 4344c; No. 2 mixed do, 38 39c; receipts, 8,000 bushels. Rye quiet. Hay inactive. Grain freights active, ste.ady and unchanged. Provisions unchanged. Butter steady. Coffee firm. Toledo Wheat fairly active, steady; No. 2 cash and DecemUer, "lJic; May, 77c Corn dull; No. 2 cash, 42c: May, 46c. Oats dull; cash, S5c bid. Ry quiet; cash. 51c. Clover seed dull, lower; prune cash, December and January, $7 85; March, $7 95. Receipts Klonr, 87 barrels; wheat, 18,654 bushels: corn, 26,545 bushels; cloverseed, 430 bags. Shlp meutsFIour. 820 barrels: wheat, 2,500 bush els; corn, 2,400 bushels; oats, 1,000 bushels; rye, 400 bnshelsi'cloverseed, 212 bags. Milwaukee Flour quiet. Wheat easy: Jlay, 695i.-; No. 2 spting, 64c; No. 1 Northern, 70ic. Oorti quiet: No. 3, 3SKC Oats steady; No. 2 white, 34c; No. 3 do, 32K33Kc. Bar ley firm: No. 2. tUc; sample on track, 35&oc. Kye quiet; No. 1, 6.')c. Provisions quiet. Pork, January, $14 90. Lard, January, $9 97J. Receipts Flour, 3.900 lurrels: wheat, 36,3-0 bnsheU: barlov. 21 70U bushels. ShlDments -Flour, 12 000 bun els; wheat, 18,200 bushels; Dariey, su.iuu Dusueis. Cincinnati Flour slow. Wheat firm; No. 2 red, O.'c: receipts, 4,900 bushels; shipments, 3,000 bushel. Corn strong; No. 2 mixed, 44Jic Onts steady; No. 2 mixed, 35c. Rye steady: No. 2. 51c. Pork merely nominal to steady at $15 00. Lard strong at $9 87. Bulk meats firm at $8 87. Bacon easy ac $9 629 75. Whisky firm: sales, 1,103 bar rels at $1 30. Butter steady. E'gs firui at 23c. Sugar firm Cheese slow. Kansas City Wheat barely steadv; No. 2 hard, 64061; No. 2 red, C;G3c, Corn quiet anu steadv; No- 2 mixed, 3333Uc; No. 2 white, 3434K. Oats weak; No. 2 mixed, 29830c: No. 2 white, 303.'c. Egun steady; 1819c Receipts tVneat, 92.CC0 bushels; corn, 9.000 bushels; oats, none. Snipiuents Wheat, 51,000 bushels; corn, 16,900 bushels: oats, nonu. New Orleans Centrifugal sugar, strong anu active; plantation granulated, 4 9-16c; off granulated, 44c; white. 45c; off white, 4 4.. irrav wbi.e,3Jff23 13-ltSe; choice j'el luw, 33(23 13-NU': prime yellow. 3 15-lc; off yellow; 3 9 16c; seconds, 2JJC. Electric Stocks. Bostow, Dec. 17. tpeetaC Closing quota tions of electric stocks to-day were: Bid. Asked. Boston Electric Light Co 113 lis EdUon Electric IU 13) 14Q general Electric 111,4 112 Wesllngbouse, second preferred .. . 814 31V Westlngnouse. first preferred ....484 Ft. W ayne Electric .'12 13)4 Ft. Wayne Electric fAl". 7Ji 8 Thomson-Houston Tr. I) 7V IK Thomson-Houston En. Elec Weld..' 7,4 & New Tork Metal Market. .' ' , New York, Deo. 17, Pig iron quiet and steady; American, $13 00Q15 60. Copper quiet and firm; lake, $12 23. Lead steady:' domes tic, $3 75. Tin quiet and steady; straits, $19 60. ' It pays to advertise for a situation In THK DISPATCH, One cent a Word la.the cost. SICK HEADACHE-j,,, utne LITer pj SICK HEADACHE-c.rt,,,.,, UMe ur pua SICK HEADACHE-.jju,, SICK UKAYACHE-Cllrter,iJjlUerjjTer ruUm de4-4C-Kwrati' BUSINESS IS BETTER Than Last December According to the Clearing ilonse Figures. PRICES GEHEBALLY STRONGER. Another Advance Fstablished on Nearly All 11 02 Products. COTTON,, WOOL AND SUGAR MPR0YING Saturday, "Dec 17. Bank exchanges this week exceeded those of the like week of 1891 by $1,093,520 87, and, therefore, if bank exchanges are a re liable trade barometer, the excess shows that business is running well ahead of last year, which was a fairly satisfactory one in all lines. Naturally more attention was paid to holiday goods than to the staples, but in the latter there was nothing like dullness, and the fact that the tendency of prices in nearly everything but breadstufls was upward proved a strong statistical posi tion and a good seasonable demand. Cot ton, wool, Buzar, coffee, provisions, live hogs and cattle showed increased strength, and beyond a little weakness in corn, oats, feed and hay, nothing unfavorable to the selling side developed. Of wool it is said the feature is a steadily improving tone. There is a fair movement ior the time of the year, writes an Eastern authority. Manufacturers are baying mod erately, as they might be expected to do at this particular season, but even these mod erate sales are amounting to a very good business. They purchase Just what wool they are obliged to have, without manifest ing any speculative feeling, bnt these pur chases amonnt to so good an aggregate that the only conclusion to be drawn is that the same manufacturers are having a good busi ness. They are having a volume of business, the most of it already secured by orders, sufficient to require a greater amount of wool than is in existence irnm the clip of 1892, while the. foreign markets are very Arm and above the parity of the domestic markets. Wool must be Imported, and to a greater extent than a year ago there is no doubt about that. When it is imported, it Is sure to be im ported at stronger prices than the present domestio market will warrant. The real state of the domestic wool market is en tirely In the hands of the trade. If every member or the trade had the amount of backbone the actual situation of wool war rants, and would exercise -t, there would at once be an upward tendc . y in prices that could scarcely be stopped. As It Is, prices are but little cbanged, thongn tome houses are very firm, and are asking rather more than October prices. Still the great volume of wool being moved is being sold at about October rate;. Some houses are asking 30c for Ohio and Pennsylvania XX and above, and have sold nice lots at that price. Ohio X wools are not plenty, with the situation firm. The market is quoted at 2728c. while some dealers declare that there is no Ohio X to be had for less than 29c. Michigan X Is flrrp, with the ownors of the best wool verr firm at 26c, though sales are reported at 25Uc Fleeces are reported to be In small stocks, nnd hence in a firm position. Regarding au?ar, Willett & Gray's weekly circular says: The raw market has been decidedly strong during the week at l-16c advance for all the muscovndoes in stock, and probably the same advance would be paid for centrifugals if there were any sellers, but stocks are reduced to a low point. The European markets show an ad vancing tendency during most of the week, lm,,r.ii,itpat tlio nlntn Thfl Kaw Or. l.an. raa.lrt fnp ilnm.atin inarftn rnnHnUM active and strong at an advance of a for 96 test, supplies oi raws are now some what uncertain for a month, and Europe may have to make contributions to our needs. The situation is one of gie it strength. A. good fair demand for refined continues for the season. A few changes of prices have been made in some goods, bnt in gen eral quotations remain as before, with no Indications of any variance. The country buys from hand to month to supply its needs. A large delegatl jn of Western whole sale grocers have beeu in New Tork this week in consultation with the American Sugar Refining Company regarding an ex tension of the "grocers' agreement" to their territory. It is surprising that the snecess inl operation of the agreement in New York ana New England does not lead to its adop tion everywhere. Grain, Floor and Feed. Sales on call at the Grain and Flour Ex change to-day: One car sample, shelled corn, spot, 46Jo; one car sample oats, spot, 8Sc; one car sample wheat, pot, 60c; one car sample oats, spot, 35c; two cars sample middlings, spot, $15 50; one car packing bay, spot, $7 50. Receipt bulletined: Via the B. 4 O. 1 car hay; via the P. & L. E. 11 cars rye, 1 carhar, 1 car barley, i car flour; via the P., C., C St. L. car hay, 1 car fee'd. 4 cars corn; via the P., Ft. W. & C 9 cars hay, 3 cars oats, 1 car bran, 1 car barley, 3 cars malt, 1 car feed. Total, 39 cars. BAXOHOr THE MARKET. rThe following quotations for grain, feed, hay and straw are for carlots an track. Dealers charge a sin ill aiiTance irom store, j WniAT-No. 2red No. 3red , Cons No. 2 yellow ear High mixed ear. Mlxtd ear Nu. 2 yellow shelled High mixed shelled , Mixed shelled New No : shelled New high mixed shelled corn, Oats No. 1 white. No. 2 white Extra No. Swhlte No. 3 .Mixed BVK No. 1 W estern Kn ? tt'Mtprn , Ftoun (Jobbers' prices) Fancy brands, $4 75 4 85: standard winter patents, $1 504 75; spring patents. 81 5034 63: straight winter. $1 00(31 25; clear winter. $3 754C0; XXX bakers' U733 8S; rve. $3 503 75. , , . . The Exchange fVic Current quotes Dour in car loads on iracK as louona Patent winter Patent spring Straight winter Clear winter Low grades lljre flour &n-tnv lialcprM MILLTBED-No. 1 white middlings. tlS 00ia CO: No. 2 white middlings. $16 SCI7 00; winter wheat bran. SI4 50311 01; brown middlings, $16 00IC 50; chop. (IS 00(3 '3 00. Hat Choiie timothv. $14 00(314 15: No. 1 tlmo thv $13 Mil 75: No 1 tlmothr, $12 003)13 50; mixed clover and tlmolhy. $12 50n 00: packing. S7 00558 00: No. 1 feeding prairie. $ or 50: No. 2 3a 185009 CO: wagon hav. S15 18 0 '. STBAW-Wbeat.8 0CiS5o; oat, $8 507 00: rye. $7 0t7 50. Groceries. SCOAn-Patenteut loar. 5c; cudcs, 5c: now- dered, 5c: granulated (standard). 47e: conrection- ers A." 4 8-loc: soft A. 4,4fc: fancy yellow. 4c; fair Yellow. 4)l4)o: common yellow. 3'4(34c. COFFEE-Roa&ted, In packages Standard brands, a 3-20o: second grades. 223:3c: fancy grade. 27 3?r. Loose-Java, :'37c: slocba. 35S5He: Maracalbo. 29c: Peaberry. 282SWc: Santos, 28 ac: Caracas, S0h31.Se: Rip. M3OTc. , Moi.ASSES-Cholce. 3:33:14c: lancy. 8435c: rciitrlfugals. 2S53c: new crop New Orleans. 43 41c STRPP-Corn STrnp. 53ac: sngarsvrup. a30c; fancr flavors. 31332c; blark strap, 15ai6c. KltuITS-London larer raisins. $2 511: California London layers. $2 10(32 15: California muscatels, bags. 6flHc: boxed, ti lil 25: Valencls.7)iS7c: Ondara Valencia. 8'(a8c: California sultanas. II (3I1HC: currants. 4(3-c: California prunes. 11 15c: French prunes. 8-i:e: California seedless raisins, l-lb cartons. $3 90: lemon prel. 10&10SC RicK-'Fancy head Carolina. 6W6c; prime to choice, S4Cc; Louisiana, 5j6c: Java, 5i5(c: Cashed OOODS-Btandard peaches, 2 26(32 25; extra peaches SZ 452 50: seconds. $1 85(31 95: pie peaches. $1 20(31 25: finest corn. $1 3l 40 r Har ford county corn. Jt 05t 10: lima beans. II 20 1 23: soaked. SOjasSc: carlv Junu peas, ft 151 li: marrowrat peas, fl 0.V3I 10: soaked. 75(33.ic: rrench ...-. n wi?n noa lftirans. or SI 40(31 50dnxen: pineapples, tl 33l 50: extra do. 82 40:Babama dp. L i: 90: IHinson plums, fcasicrn. $1 Si: (.auroral pears, vi .-cy- w; " r(u "t, . plums, tl 73: do apricots, tl 85l Wj erj white cherries. J2 75C42 SO: dowlilje clierries. 2-lrj cans fl S3: raspberries. 1 30t 50i strawbcrrle. L15(3I & : gooseberries, tl lu$l 3: tomatoes.-95c 1 CO; salmon. 1-lo.tl EI 35: i)lackUerrles.75(3B0c: succotash. 2-lhcans. soakcil. tic: do standard. 2-lb cans, tl 25(31 51: corned beef, 2-lbcanstl 75: M: do. 14-l 113 50: .roast beef. 2-Ib. II 85: f lpped beef, l-lb cans. II 35: 00; baked beans. $1 25(31 35: lobsters, l-lb. $2 25: mackerel, fresh, l-lb $1 90; broiled. $1 50: sardines, domestic, MS ' Ms i. $8 23; 3s.jmusUrd. $3 CO: Imported. Ht, , $10 5u 12 m imported. Ht. 113 00(33 00; canned'apples, 8-lb, 8085c: gallons. $2 503:75. OiLSCarbon. 110. c: headlight. 64c: water white. 7c; Elaine. 13c: Ohio legal test, 4c: miners winter white. S33lc: do summer, 323jc. Provisions. At the meeting or the dealers to-day hams were advanced c, shoulders He, bellies e, lard ia and pork 50o per bbL llevlsed prices: Large hams I 1-K Medium , Uii RmaU KH Trimmed 13 California 10 Shoulders, sugar-cured 10 Bacon shoulders , . Dry salt shoulders H Breakfast bacon...- 12 Vrl.niln . ............................ IX Clear bellies, saoktd Wi 75I4 70 73 S 74 49 (S 49K 43 (f 48J 4(1 (3) 47 4SH 49 47t 48 45H 48!, 461 47 VH(A 46 39 SiK 38 (A 38H 37k(3 33 31)t(S S7 35 a 38 59 SO 56 SI 57 $3 75(34 00 4 2"a4 35 3:5(33 50 3 0(3.1:5 2 00(32 50 3 003.1:5 3 3V3.150 Clear bel'tlei. dry salt W Dried beef, knuckles. Rounds J; Sets : 10. Fiat .'. 9 . H.ard (refined), tierces 1154 Tubs. list Two 50-lb cues Lard (compound), tierces." Half barrels,...'. Tubs , Palls....,... : Two 50-lb cases Three-lb eases Five-lb cases Tcn-lh cases Mess porK.iheavy .'.. Mess pork, light 8 : a 84 SH 8J4 17 00 13 00 Batter and Cheese. BOTTEB-Elgl'n creamery. 3JIMe: other brands. 29(331 c: choice to fancy dairy and country roll,26:sc: fair to medium grades. 18Me; low grades. iaai6ct cooking. 9Uc: grease. tc. Cheese Ohio, fall mao. li&llHet '"n"?" made. 10"410M: New York. 13312Mc: fancy Wis consin Swiss blocks. l4Kr.c: do bricks, I33l3ic: Wisconsin sweltier. in tons. 13l3c; llmberger, 10jllc; Ohio Swiss. 12i13c. Eggs and Poultry. Eoos-Strictly fresh Pennsylvania and Ohio, 2e 27c: special marks, fflo: cold storage. 232ic. POULTBT Live Spring chickens. 4&35c per pair: old chicken. C0370C: docks, GC70c: geese, ll'35(31 50; turkeys. Tl12" per ft. llressed rhlcfens..ll&lSeper!b; turkeys, 14Mlc: docks, 14 l5c: geese. ix3l0c. Game. Quail. $1 752 00 per dozen, according to condition; oneaants, $6 507 00; prairie chickens. $5 506 00: Mallard duck. $3 50 1 00; squirrels. $1 25Q1 50; rabbits, 3040e cer pair; Jack rabbits, $1 25 per pair; venison, carcass, 1213c per lb; do eaddles, 1618c Dried and Evaporated Fruits. Apples, evaporated. 50-lb boxes, 9Kc per lb; common dried, 43C; apricots, I5ISc: pitted cherries, 17c: California peaches, 14 17c; do pears, 16Jc: do plums, pitted, 15c; raspberries, 21Ke22Kc: Leshorn citron, 11 15c: dates, SctrtUH, 914cj nectarines, 10c; orange peel, ISO He. Miscellaneous. Beeds Cholee 'mammoth clover, $8 50 per bn; chhlce Western timothy, ti C02 10. buckwheat 1'lous ::jtc per lb. Beaks New York and Michigan pea Deans. $2 10 : 15 per bu.; hand-picked medium. $2 0CI 06; Lima, 4H4Nc per lb; Pennsyltanla and Ohio beans. $1 .K31 90 per.bo. BESSWAX-Cholce-Tellow. 33335c: dark. 2G30c. CIDER New country, ti (35 50 per bbl; sand relined. $6 t07 00: crab. $3 W5 50. Hojjey iiewcrop white clover. 183Jc per lb: buckwheat, l31Bc: strained honey. 89c. Tallow Country rough, 3JjIc per lb: city ren dered. 44J4c Feather Extra live geese, 5860c per lb: No. 2do. 4S50c: mixed. 30icc NOTS Peanuts, green. 3J4!ic per lb: do roasted. $1 l"t 25 per bushel: hickory nuts, $1 00 ffll ; shollbarks. $1 -J31 50: new walnuts. 603 gc: old do, 50Mc; butternuts. 5055c Tor old and 6065cforoewtnlber;s. 9c per lb: almonds. Tarra gona. 18c: do Ivlca. 16c: do paper shell. I5c; shelled almonds. 35e: Brazil nuts, 8f3ssc: French walnut. 9c; pecans, ll)c; Naples walnuts, 13c; (Jrenoble wal nuts. HXc. ' PiCKEL3-$t 50(35 50 per barrel. POPCORJT 314(34540 per 10. IIIDES-Green steer hides, trimmed. 75 lbs and up. 7c: rreen steer hides, trimmed. CO to 73 lbs. 7c; green steer hides, trimmed, under W lbs. 6c: green cow hides, trimmed, all weights. 4c: green bull hides, trimmed, all weights. 4c: green calf skins. No. I, 6c: green calf skins. Mo. 2. 4c; green sieer hides, trimmed, tide branded, 4c: green salt steers. No. 1. 60 lbs and up. 77fc; green salt cows. .o. 1, all weights, 4(34ic: green salt calr. No. 1, 6 to 15 lbs. 5Msc: green salt kip, Nu. 1. 15 to 25 lbs, 45c; runnerUp, No. 1. lOtolo lbs, S5Hc: No. 2 hides, 1HC off: No. 2 calf, :c on". CHICAGO 'CHANGE. The Cereals Close Weak and Provisions Bather Irregular. Chicago, Dec. 17. There was a good de mand for wheat every time it got down to 76c or lower, and millions seeme.d to be for sale at 76o for May. It closed with 76Kc bid. Corn and oats were easlsr. oats being the weaker of the two toward the close. Corn Is about l-16o lowerandoats are off&c. Provisions weie on the decline from soon after the opening until near the close. Pork, compared with yesterday, is 15o lower. Jan uary lard is 10c higher and May 2Kc lower. Ribs are off Irom 7fo to 10c The conaitions seoin to paraiyza uuoiaiuit f n wheat. PrlCBS aOOeared tOO lOW tO en courage seuiug anu iuu wmh io nmiAuv much tiuying. Cables were asaln weak and quoted lower prices. From both coasts the ptTwirH nfvheat and flour were reDorted to be about 1,130,000 bushels smaller than dur ing tho preceding week, while from the At lantic ports trie exports ot wiichhiioho nwo about 650,000 bushels. The receipts at pri mary markets for the week were about 1,000;000 bushels less than last week. It was titiiatad that tho visible sunnlv might not show an ircrease of over 1,500,000 to L700.00U bushels, thongh some parties calculated iinnn i ooo ooo to 2.500.000 bushels increase. The feeling early was tame, and prices de nllnnrl ac. then became strongor. and the closing was about' a lower lower than yes tnronv. Roma Httlo sunnorc was given to market by the taking of 410,000 bushels or wheat at St. Louis at o advance on the price bid for it two days sjO. Corn was steady for a while and declined idolater with wheat and provisions, rallied siigniiy, anu cioseu wiiiu n hmmuum w, Trading was light. .Oats soon declined V.c. then rallied iiStMo, declined c and cii.sed c lower than on ye'terday. The market wan featureless. For the closing day of tho week thero was quite an active business in hog products, malnlv ci edited to local operators. The mntl-iit was crreatlr unsettled nnd nrices .fluctuated consideiubly averaging materi- nllv.lower on all tneieauingarticies. xne Tnnrlrnt onened stronger, but alter a lew rjurchases. lacked general support and 'Iroom traders" took advantage of the situa tion to disnose of considerable property At this juncture the '"long" interest was credited with rather freo offering, and nrices declined'autte rapidly, notwlthstand. fng some prominent manufacturers were ro- Toward the close, the market exhibited a little more strength in a general waj. Trad ln" was brisk, both in January and May de liveries, and differences were wiaenou some what. Tho receipts of hogs were fair, with littlo change to note In prices elling at the highest figures or the season. Estimated supply for nevt week only moderate. iash n notations were as follows: Flour, weak: winter patents. $3 5C3 90: winter straights, $3 203 40; spring patents, $3 i5g 4 10; No. 2 wring wheat. 70c; No. 3 spring wheat, 61666c; Na 3 red. 70Jc. No. 2 corn, 4IJa No. 2 oat. SoaJOc: No. white, 33o n mtV' Vo.2 white. 32aKc. No. 2 rye. 47&C No. 2 barley, C4c;-N'o. f. o. b., 4066c; No. 4 f. o. b.. 344(fc No. 1 flaxseed, $1 0S) Prime timothy n-ed. $2 O0Q2 10. Mess pom per barrel. $14 75 15 00; lard per iou pouna, $10 00; short ribs sides, loose, $8 25Q8 37K: dry salted shoulders, noxoii, tuS3 uu; .tmr oinr1iln. boxed. S3 80633 85. Wiilskv, dfstlllers' finished good, per gallon, $1 30. B,rnra cut lnnf. 3UQ5c: granulated. 5c: i..ii,,i "A", itec fiim.-. combined surlng Ktraights, $: 75 J 00; bakers' $2 002 10. No. 8 corn. 33c Receipts Flour, 16000 barrels: wheat, 183. 000 bushels: corn, 132,0u0 busheli; oats, 129.000 bushels; rye, 2,000 bushels; barley, 61,000 Dush- siiipTients Flour, 17.000 barrels: wheat, 20 000 bushels; corn, 53,000 bushels; oats, 155,000 bushels; rye, 1,000 bushels: parley, 62, 000 bushels. Range ortneleadlng features, furnished by John M. Oakley & Co., bankers and brokers. No. 45 Sixth street:. T Open- Uign- Low- Clos- Close. ARTICLES. Ing. est. est. Ing. Dec.16 W HEAT , , December .'. ' 70'i 70! iiffnary..: ::::: ton -m ija May...' 70"j 76M 764 h H July!. 75 75.', 74,'4 75 75)4 December.' 42 42 41J. 42 January KH 42t, 42H 42' May 147 47! 46 J7 47 July 1 . 47 47;, JBfc 47 4,M OATS. .. -.,, December . .... JO K January ,. 3h 81 ro-V 3 Maj , .,35 33 34S !j tork. .... December....! ? J f January WIT 10 17 15 71 l 92 IS W May..... 16 50 18 50 18 10 16 U 0 40 LARD. Decemlwr 9 g January..'. 995 10 CO 985 10 00 990 May , 977 977 965 9, a 977 MIORT Bins. January.,-....? 840 840 822 3 32 JJ May 8 52 8 55 8 37 3 V 52 Car receipts for to-day: Wheat, 193: corn, 251; oats. 203. Estimates tor to-morrow: A heat, 197: corn, 237: oats. -00. Price 1 ' .1 1' .1 c l mwrnm I: Dislodge Bile, liStir up the Liver, iiOure Sick-Headache, i : Female Ailments, ijKemove Disease and i J Promote Good Health. ' ; Covered with a Tasteless & Boinbla Ocatln. ; Famous the world over. i 1 Ask for Becchain's and take no others. Of all druggists. Price 2StCents a box. ! New Sork Depot. 35 Canal St. tsWWW 11 LIVE STOCK. Hogs Continue to Advance Cattle and Sheep Unchanged. East Libertt, Dec. 17. Cattle Receipts, 410 head; shipments, 310 head; nothing doing; all through consign ment; 1 car cattle shipped to' New Tork to day. Hoos Receipts, 3,800 head; shipments, 3 600 head: market steadv: PhlladelDhias. $6 606 70; mixed, $6 506 GO: Yorkers, 6 23 66 so; 11 cars nogs snipped to ew xorx to uay. Sheep Receipts, 800 head: shipments, 60$ head; market steady and unchanged. By Associated Press. Kansas City Cattle Receipts, 4,400 head; shipments, 2,300 head; the market was very dull; choice steers, steady; others weak to 10c lower; choice cows steady; others 1013 lower; feeders steady; renreentatlve rales, dressed beef nnd shipping steers, $3 204 83; cows, $1 6o4 00; stackers and feeders, $.!25Q 8 30. Ilngb Receipts, 9,400 head; shipments, 1,400 head; the market opened strong to 5c higher and closed steady; all grades, $4 W 6 4C; bulk, $6 206 35. Sheep Receipts, 7W bead; shipments, none: tho market was steady; muttons, $4 001 25; lambs not quoted. Chicago The Evening Journal repurtsi Cattle Receipts, 1,500 head; shipments, 900 head: market slow and weak; Christmas beeves, $5 508 50; good to choice, $4 505 25; other, $2 80j3 75; cows, $1 102 60. Hogs Receipts, 16,010 head; shipments, 4,000 head; market opened strong; closed weak; rough and common. $6 156 25; packing and mixed, $6 356 60; prime heavy, $6 653 80; light, $6 35&S 60. Sheep Receipts, L50u head; ship. mi-UK, 890 bead; market steady; natives, $3 855 15; Westerns, $4 4004 8j; Texans, $4 lug4 80. Lambs. $3 756 23. DofTklo Cattle Receipts, 8 loads through, 4 sale; opened slow but with lew here. Hogs Receipts. 52 loads throurb, 23 sale; opened stronger and a shade higher; cornfed $6 80. Sheep aud lambs Receipts, 9 loads throuub, 94 sale; lambs opened steadyisheepslow and easier lor all but good choice wethers; fair sheep, $4 50; Canada, $4 50; lainb, na tives, choice, $6 25; Canada, common, $S 25. Cincinnati Hogs higher at $5 756 75; re coiptri, 2,400 head; shipment", 1,400 head. Cat tle steady and firm at $1 255 W); receipts, 600 head: shipments, 500 head. Snoop strong at $3 006 CO; receipts, 190 bead; shipments, 100 head. Lambs lirui at $4 005 IX Cotton. Galvestoit, Tex, Dec 17. Cotton steady; middling, 9 ll-16c; low middling, 9 5-16c;good ordinary, 8 13-ltfc. Xet and gross receipts, 3,291 bales. Exports to Prance, 6,744 bales. Miles, 1,536 bales. Stock, 152,046 bales. New U1U.EA2C3, Dec. 17. cotton dull but firm: middling. 9 ll-I6c: low middling, 9 5-ltJc; good ordinary, 8 I3-16C. Net receipts, 10,171 bales; truss, 10,996 bales. Export-, to Great Britain, 4,474 Imles; to France, 4,887 bales; coastwise. 5,270 bales. Sales, 2,100 bales. Stock, 276,363 uules. New I'okk, Dec 17. Cotton steady; mid dling uplands, 10c; middling Orleans, l(c; sales, 685 bale'; lutures closed steady; sales, 105,801 bale: December, 9.66c: January. 9.74c: February. 9-86c; March, 9.97c: April, 9.06c; May, 10.16c; Juue, 10.23c; July, 10.30c; August, 10.35c Turpentine. Charlestoit, S. C.Dec 17. Turpentine firm at 27Kc. ltosin Good straiineu, jl to and firm. W11.JH kotos', N. C.,Dec 17. Spirits turpen tine dull at 27c. Itosiu firm; strained, 95c: good straineu, $1 U0. Tar steady at $1 00. Crude turpentine stead ; bard, $1 00; yellow dip, $1 70; virgin, $1 70. When Baby was sick, we gave her Castorta. When she was a Child, she cried for Castoria. When she became iliss, she clung to Castoria. When fhe had Children, she gave them Cacteris good bre&dj jbfe-j sunct sastVy but Ms "tbmclivras dtl'icate. To coof;, but was Ifrd and sic office, fajte anmeKifarci. 5he boutjht Coffoienej (jlcHevSTorferii'ttj) and more Than eVer bz Causs $he madp better toad jnd he could eartff Wi&oui ahy urtleasarrt" after efetff. ko rms KAPpYm aynn( found "flia BE5"l Zlhd Most AeafMfuf Short ening .&Ve.r ttfz.de. 'OTTOLETNir. Made only by N. K. FAIRBANK is CO, CHICAGO. Httabareli Aeeats: F.SZILZRS t CO. DANIEL M'CAFFREY. CHOICE TIMOTHY HAY.' Car Lots a Specialty. 233 AND 240 FIFTH AVENUE, se9-D PITTSTtTjrtCK HBOKEB5- FINAWOXAr. READ CAREFULLY. WRITE PROMPTLY. CKfl How to invent it with safety and vpOU. success. Intending Investors should remember that by Investing OTty dollars in stocks, operating under my management, from $100 to $150 a month may easily ana readily be secured, without further risk, liability or responsibility or any kind. Writ at once for lull particulars to A. OLIVER, Expert Stock Oparator, 239 Broadway, New Tork. de!98 EaTABLISUED 1334. John M: Oakley & Co., BANKERS AND BROKERS. 45.SIXTK ST. Direct private wire to New Tork and CM cago. Member New Tork, Chicago and Pltli burg Exchanges. Local securities bought and soldforcasi or carried on liberal margins. Investments made at our discretion aai dividends paid quarterly. Interest paid On balance (since 1383.) Jloney to lean on call. . . Information books on all markets mallex on application. lT Whitney & Stephenson; 57 Fourth Avenue: ap30-53 CURE YOURSELF STC. Enlanrement certain. jWdreM with jmp, S.S. ICPPAB. 5ncttaea;l Poods, Mtrrts H, Hint. -AratfWijfcc-. (jijkjAjijaaffljSjaffl A
Significant historical Pennsylvania newspapers