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The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, July 09, 1904, Image 14

Image and text provided by Minnesota Historical Society; Saint Paul, MN

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045366/1904-07-09/ed-1/seq-14/

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li
9
it$
Better News From KansasMin
neapolis September Breaks to
Around 8414c.
,^The Bears Got 3old Again and
Predict a Run of Depressing
?-l News Soon,
1
9
&
Government Report, to Gome
I Monday, Expected to Help
Them Out.
Minneapolis Chamber of Commerce,
July 9.Wheat took another backward
slide todoy and was down under 84%o
**for September early In the session, and
""looked at the time as If headed for 84c
'or lower. Two things were In mind for
end-of-the-week traders. There was the
consideration that over Sunday last week
the weather turned bad and a boom
started, and the chances are that over
tomorrow the weather will settle and show
up more favorably to open the new week.
The government report will also come ou$
-on Monday, and some were afraid that
this will be a rather bearish document
and that the July 1 condition will be
shown to have been a high one. The
boom is off for the present, say the bears,
and the next thing to be ejected is a
weight of bearish reports and figures
anent the dull export trade and inability
to do business at high prices. Already
something of the sort is seen. Captain
Phillips wired from Kansas that despito
the rains and floods the state will have
a big crop, and Nicollet of the Kansas
City Star, who got a little sensational
0 when the bad news piled in, now says that
20 per cent loss of wheat in Kansas is
a conservative estimate. The grade of
the balance is damaged. There will not
i' be much of a movement of wheat in Kan
sas City for the next ten days. This 19
all dependent on having good weather.
Rains would easily make it much worse.
Writing for the Commercial West, Rol
lin E. Smith says: "Some of the beais
regard the situation as not serious, and
compare it to last year's flood scare. It
should be remembered, however, that the
floods of 1903 came in the first week of
June, while at the present time the grain
Is ripe. Certainly nothing could be a
greater menace to yield than yet fields
when the grain is waiting to be cut.
Actual loss of bushels will be very great
with each day's delay. It is doubtless true
that bright weather would cause a sharp,
probably temporary, break in prices, but
It would not restore wheat actually lost."
The weather map shows the extreme
north and northwest fair to clear, 46 to
64, with local showers northwest, gen
erally clear, 56 to 66, local rains. Minne
sota, South Dakota, west and southwest,
partly cloudv and generally higher tem
peratures, 58 to 74. General rains In
Missouri and Oklahoma local in Iowa
and Kansas. Generally clear in Kansas
Nebraska and Oklahoma. The Ohio val
ley is cloudy, 58 to 72, with general rains.
.Weather map more favorable.
Local stocks decreased by 65 977 bu
for the week, leaving 5,829,821 bu in store
TJ
j&
5'i
For one day, to go into next week's re
port, the decrease is 50,000 bu. Minneap
olis received 124 cars against 166, Du
luth 38 against 25 and Chicago 6 against
14 Kansas City had 2,000 bu against 21,-
000, and St Louis 14,000 against 77,000
Primary receipts were 181 000 bu again^?
332,000, and shipments were 100,000 bu
against 273,000 Clearances, 61,000 bu.
Following is the forecast: Kansas, Mis
souri, Nebraska, Iowa, Minnesota and the
DakotasGenerally fair and warmer. 1111-
nois, Indiana and MichiganLocal show
ers and cloudy.
Kansas City wired: "Water is going
slowly, about a foot lower than yester
day. With good weather we believe har
I vest will be general again in three or four
days. It is in full blast today *h Ellis
county and around Great Bend At An
thony they report that threshing can be
resumed by Tuesday Report from Cof
feyville says it will be two weeks before
the ground can dry out."
July closed at 96%c, September at 84%
84%c and December at 81^ 82c.
THE FLOUR MARKET
BETTER TONE TO THE DOMESTIC TRADE
PRICES FIRM.
CM )TE shrdlu l%..pz%6fl
nounced by millers a little better Domestic
buyers are taking flour more freely, and this
makes the outlook more encoui aging. Prices
remain firm as quoted.
Shipments, 34,149 brls.
First patents nre quotable at $3 10(555.20 sec
ond patents, ?5@5 10 first clears, $3 55@3 65,
econd clears, $2 50.
THE CASH TRADE
IMPROVEMENT IN OATSCORN PIRMPLAX
VERY STRONG.
FLAXStill a little higher with iales today
up to $117% for No. 1 seed. Good demand for
everything
Minneapolis received 15 cars, against 17 a
year ago and shipped 1. Duluth received 22
Closing prices* Minneapolis cash, $1.17% to
arrive. $1.17% July, $117%.
CORNFirmer and higher. No. 8 yellow
closed at 51c. Receipts, 8 cars shipments, 1
car.
OATSMuch better in tone and higher prices
obtainable for good lots. No. 3 white closed
at 38%c. Receipts, 30 cars shipments, 22
cars
MILLSTUFFSHeavy buying is reported from
t,J
all sections Bran In bulk $13 shorts $15
",4^-t middlings $17 50, red dog, $20, all fob. in Min
fa neapolis In 100-lb sacks, $1 50 per ton addition
al, in 200-lb sacks, $1 per ton additional. Ship
ments 666 tons.
FEED AND MEALCoarse corn mean and
cvracked corn, in sacks, sacks extra, $18 60 No.
1 ground feed. 2 corn and 1-3 oats, 80 lb sacks,
sacks e\trn, *19 50, No. 2 ground feed, corn
and oat*. 75-lb sacks, SackB extra, $20 50 No.
8 ground feed 1-3 corn and 2-3 oats, 70-lb sacks,
sacks extra, $21.50.
BARLFYreed grades are quoted at 30@38c.
Malting grades at 3S@50c. Receipts, 9 cars
hipments, 1 car.
RYEClosiuK figures for No. 2, 61c. Receipts,
2 cars, shipments, 2 cars.
HAYTimothy choice. $10@11 timothy, No.
1, $9 50(?M0 5O, timothy, No 2, $8@9 timothy,
low grade, $5 508 50 slough, $3.50@4 50
choice upland, $9@9 50, No. 1 upland, $8(^8 50
No. 2 upland. $6 50(27 50 straw, rye, $5 60@
7. Receipts, 30 tons, shipments, none.
PUTS AND CALLS.
1'IS o'clock report:
PutsSeptember wheat, 84%c.
CallsSeptember wheat, 85 %c.
CurbSeptember wheat, 84 %c.
CASH SALES REPORTED TODAY.
No. 1 northern wheat, 3 cars..... $
No. 1 northern wheat, 2 cats
No. 1 northern wheat, 1 car
No. 1 northern wheat, 1,000 bu, to arrive.
No. 1 northern wheat, 2,000 bu, to arriyp.
No. 1 northern wheat, 1,000 bu, to arrive.
No. 1 northern wheat, 1,100 bu, to arrive.
No. 2 northern wheat, 10 cars
No. 2 northern wheat, 1 car
No. 2 northern wheat, 3 cars....
No. 2 northern wheat, 1 car
No. 2 northern wheat, 1 car....
No. 2 northern wheat, 2 cars
No. 2 northern wheat, 1 car
No. 2 northern wheat, 2 ears, elevator....
No. 2 northern wheat, 1.500 bu, to arrive.
No. 2 northern wheat. 900 bu, to arrive...
No. 2 northern wheat, 1,00 bu, to arrive.
No, 3 wheat, 1 car
.FLOOD S SUBSIDE AN WHEAT SLIDES DOW N
Open.
July.$ .96%
Sept. .84%
Dec. .82%
Minneapolis Oats
July
Sept
TYlrtnj.
//""LirWaBil rffcyyu
AR
ffl/ryy- 3
C. C. WYMAN & CO.
Grain Commission 505,-506 Hew Chamber of Commerce
Your Qraln Shipments W W Be Appreciated and Have
Careful Attention.
RANGE OF WHEAT PRICE IN MINNEAPOLIS
^LA.JU,
No. 3 wheat, 6 cars .91
No. 3 wheat, 2 cars .91%
No. 3 whent, 3 cars .00%
No. 3 wheat, 1 car, soft..... 88
No 3 wheat, 1 car, thin 89
Rejected wheat, 1 car ,84
Relerted wheat, 1 car 87
Rejected wheat, 1 car, smutty 87
No grade wheat, 1 car .82
No giadc wheat, 1 car. 70
No. 8 corn, 1 car .51
No. 3 white oats, 1 oar, choice .39
No. 3 white oats, 7 cars .38%
No. 3 white oats. 1 car 384
No. 3 white oats 1 car, delivered .39
No. 3 white oats. 1 car 38%
Sample oats, 1 car, to arrive .36
No. 4 white oats, 1 car, delivered .38
No. 4 white oats, 2 cars 88
No. 4 white oats, 2 cars 38^4
No. 4 white oats. 1 car 37%
No. 4 white oats. 1 car 37
No grade oats, 1 car 35
No grade oats, 1 car, barley mixed 37
No grade oats. 1 car, yellow 33%
No grade oats. 1 car, bin burnt .32%
No grade oats, 2 cars .35
No. 4 oats, 1 car .50
No. 4 ont^ 1 car .36
No. 5 oats. 1 car 33%
No. 1 fla\, 3 cars 1.17J4
No. 1 flax. 2 cars St 17%
No 1 flax, part car 1.17 j4
Rejected flax, 1 car, In sacks 1.15%
Rejected flax, 1 car. in sacks 1.14%
STATE GRAIN INSPECTION. JULY 8.
WheatInspected InCarsGreat Northern
No. 1 northern, 15 No. 2 northern, 31 No. 8,
10 rejected, 3.
Chicago, Minneapolis & St. PaulNo. 1 north
ern, 1 No 2 northern, 17 No. 3, 8 rejected, 4.
Minneapolis &. St. LouisNo. 2 northern, 6
No. 3. 1.
Soo LineNo. 1 northern, 4} No. 2 northern, 7
rejected, 1 no grade, 1.
Northern PacificNo. 1 northern, 6 No. 2
northern, 5 rejected, 1.
Chicago, St. Paul, Minneapolis & Omaha
No. 2 northern, 1 No. 3, 2.
Minnesota TransferNo. 2 northern, 1.
TotalNo. 1 northern, 26 No. 2 northern, 68
No. 3, 10 rejected, 9 no grade, 1.
Other GrainsNo. 8 white oats, 2 No. 4
white oats, 16 no grade oats, 5 No. 2 rye, 1
no grade rye, 1 No. 5 barley, 7 no grade bar
ley, 1 No. 1 northwestern flax, 1 No. 1 flax,
11 rejected flax, 1 no grade flax, 1.
Cars Inspected OutNo. 1 northern wheat, 10
No. 2 northern wheat, 30 No. 3 wheat, 1 re
jected wheat, 21 No. 3 winter wheat, 21 no
grade corn, 1 No.. 3 white oats, 9 No. 4 white
oats, 5 no grade oats, 4 No. 5 barley, 5 No,
3 rye, 1 No. 1 flax, 19.
DAILY WHEAT MOVEMENT, JULY 8.
The following are the receipts and shipments
at the principal primary wheat markets:
Receipts. Shipments.
Bushels. Bushels.
Detroit 2,000
St. Louis 14,000 21,000
Chicago 15,000 14,480
Milwaukee 7,920 4.395
Dnluth 25,720 9,729
Minneapolis 111,600 33,670
Kansas City 3,600 9,000
*i
iiam iW4fviw'aiiiirt-|iic^i
Close. Close.
Today. Yesterday.
96% $ .96%
84%@84% .85@85%
Low. High.
.96%}
.85%
82%|@82%
$ .96% $
.84%@84% .81% .81%@82
THE DAY'S REPORTS
i July Wheat-
Close. Close.
To-day. Yesterday.
Minneapolis .(....$ .96% $ .96%
Chicago 1 88%@88% .89%
Dnluth 4 97% .97%
St. Louis 91%@91% .92
Kansas City 82 .83%
N ew York 94% .95
RANGE OF PRICES FOR THE WEEK
The Minneapago Options.
JJUJU. TYJUL
ifiSa^L,
7 V^
IKzcU* J-frLuAJ, d^u Sj\
Close.
Tear Ago.
$ .88
78ft
.82%
.37%
.31%
.87
.31%
-September Wheat
Close.
Today.
.84%@84% .84 .84%
.83%
.74% .87%
CLOSING CASH PRICES
On TrackNo. 1 hand, 98%c No 1 northern, 97%c No. 1 northern to arrive,
97%c No. 2 northern, 93%@94%c No. 2 northern to arrive,
93%c No. 3 wheat, 88%@91%o.
No. 1 flax, $1.17%. No. 8 white oats, 88%o.
No. 3 yellow corn, 51o. No. 2 rye, 61o.
Barley, 3O@50c.
J-BiiAh.XiU'j' tr.
T-
r^
A^Z/
zfvv
The Ohicolis Options.
f
1
^v\
nJWv^
vXyS^TT
52
A
GRAIN IN REGULAR LOCAL ELEVATORS.
Week Ending
Wheat July 9.
No. 1 hard 1,018
No. 1 northern 8,181,315
No. 2 northern 306,939
No. 3 wheat 11,066
Rejected 4... 51.179
Special bin 2,142,271
No grade 136,003
Totals 5,829,821
Decrease 65,977
Corn 43,785
Oats
CHICAGO GRAIN
BULLS HELD IN CHECK BY THE IMPROVED
WEATHER.
Chicago, July 9 Easier cables and Improved
weather conditions in the southwest held the
bulls in check today, and as a result the wheat
maiket was fairly steady, with prices about at
yesterday's closing quotations. There was con
siderable selling by locals at the start, and tho
initial price on September was unchanged to %c
lower, at 83%@84c. Offerings were well taken,
however, and the price rallied to 94%@84%c,
reacting later to 84@84%c. Minneapolis, Du
luth and Chicago reported receipts of 148 cars,
against 205 cais a year ago.
Liberal liquidation of July caused Weakness in
other deliveries. September selling down to
83%c. A beaiish feeling was manifested thru
out the remainder of the beslson, the markot
closing easj, with Septembei unchanged at 84c.
Cash wheat. No 2 red. old, $1.02. No. 3 red.
97@99c No. 2" hard, 93(g!S( No. 8 herd, S5@
90c, No. 1 northern, $1.01 No. 2 northern, 96
@9Sc, No. 3 spring. 88@S4c.
Close. Wheat, July, 88%@88%c old, 80%c
September, 84c, old, 85@85Vsc December, 83i5c
May, 85%c.
Sentiment in the corn pit was a trifle easier
on liquidation resulting from the improved
weather conditions. September opened un
changed to Y\C lowir at 49c to 4914c, sold at
49%c and then settled back to 49%c. Local re
ceipts were 125 cars with 10 of contract grade.
The market weakened on realizing sales, Sep
temper decllng to 48%c. The close was weak
with September off
Cash com, No. 2,
Close: Corn, July
48%c December, 45@45%c: May, 44%c
Small recipts and an improvement in cash
demand held the oats market steady at a small
decline. In sympathy with corn, the market
opened easier, with^- September down a shade
to 34c, at 32Vic to 32%@32i/jc. After selling
at 32^ @32i4c, the price advanced to 82%c and
held steady at 32%c. Local receipts were 76
cars.
Cash oats: No. 2, 87@37%c No. 3, 36(g)
36ViC.
Close: Oats, July, 88%o September, 82%
@32% December, 33c May, 34V4c.
The following was tho range of price* for old
delivery:
July. Wheat-
Saturday Evening, %^fW^W!WlSf18 THfet^INNEA^OtfS JdU&tfAL. ffi^f^i^J^Jtily 9, 964! 1^^a^l^f
Close-
Today 48% 48%@%
Yesterday 48%-, 49%
ago 60% 51%
Oats
Opening t.. 88% 82%
Highest a8' lJ
Lowest 8S% 82%@%
Close
Today 88H 82%@%
lesterday 38^ 32(4
Year ago 40% 34%@%
32^
OTHER GRAIN MARKETS
DULTJTH GRAIN, July 9.Wheat was
stronger today and active, July gained %c and
September lost %c. On account of wet weather
in southwest July was in demand. Flax was
dull and a trifle lower. Receipts, wheat, 18
ears, flax, 22 barley, 10, rye, 3, nts, 18. Ship
ments, wheat, 0,729 bu, oats, 11,250 corn, 1,000
barley. 1,491 flax. 24,300. Oars onW1
i?
ber
94 %c September,northern,
4
7% V
84%c
Spte
Oats, 37%C. Rye. 55c.
Clooe.
Yesterday.
$ .85@85%
.84 .85% .83% .74%@74%
88%
ber, 87%@88%c December, 87%@88c. Rye
Nominal, No. 2 western, nominar CornRe
ceipts, 17,200 bu sales, 10,000 bu easy on bet
ter weather west. July, 53%@54c. OatsRe
?el.Pts.
01,200 bu nominal. Close Wheat
July, B4%c September, 87%c December, 87%c.
ComJuly and September, 53%c.
WINNIPEG GRAIN, July 9.It was a dull
market, reacting a little. Opening: July,
89%c August, 90^c, October, 83%c. Close:
July, 9%e August. 89%c, October, 82%c. Cash,
JNO. 1 northern, SOi^c, No. 2 northern, 80c No.
S yoithern, 83c No. 4, 75c No. 1 fed, 58c No.
2. feed, 50c. Receipts, 132 cars year ago, 41.
ST. LOUIS GRAIN, July 9Close: Wheat,
weaker No. 2 red, cash, elevator, nominal
traok, 07809c July, 91%@91ic September,
83%c No. 2 hard. 96Vj(&.Wc. Corn, easy. No.
A cash, 60c July, 40%c September, 47%c.
Oats, quiet- No. 2, cash, 40c, July, 38c Sep
tember, 82c No. 2 white, 45c5.
LIVERPOOL GRAIN, July 9.WheatSpot,
nominal, futures, steady July, 6s S^d Septem
ber, 6s 6%d December, nominal. CornSpot
American ml\ed, new, steady, 4s 5d Ameri
can mixed, old, easy, 4s 5%d: futures, dull
July, 4s 4Vkd, September, 4s 2%d.
KANSAS CITY GRAIN.July 9.CloseWheat
July, 82c Septembei, 74%c December, 74%c.
CornJuly, 48%c September, 45%@45^4c De
cember, 39%@39%c. Market demoralized 011
account of flood.
NEW YORK PRODUCE, July 9.Butter,
bulet receipts, 7,923 lbs, price. e\tra creamery,
18@18%c, official prices, cieamery, common to
e\tra, 13@18c, state dairy, common to extra,
13@17c. Cheese, irregular receipts, 7,077 lbs
weekly exports, 4,532 lbs, state, full cronm,
small white fanc 8%c, fair to good, 8(g8%c
poor, 6i/6 @7c, small colored fc^ey. 8%c, fair
to good, 8@8%c, large white anu colored, fancy,
7%c, fair to good, 7%@7%c, poor, 0Mjfti7c
Eggs, strong receipts 4 9.J1 doz, state, Penn
sjlvania and neaiby, fancy selected white, 22c
firsts,. 18@19c western, extra selected, 19c, av
erage piime, 19c. southern, 15Q16c. Poultiy,
alive, firm, southwestern spring chickens, 16@
17c, fowls, 12c, turkejs, 10c, dressed, .steadj,
western broilers, 14@20c /owls, lie, turkeys,
14@15c.
PROVISIONS
CHICAGO PROVISIONS, July 9.Under the
influence of lower pi Ices for hogs, provisions
weie weak. There was considerable liquidation
going on thru commission-houses September
pook opened 2%c to 7%c lower, at $12 85 to
*12.90, and hold off to $12.77%. Lard was
down 2\f,c to 5c, at $7.05 to $7.07%. Ribs
were off 2%c to 5c, at $7,60.
Close ForkJuly, ,j&X2 62% September,
$12.80 October. $12 80. LardJuly. $6.90, Sep
tember, $7.02%@7o, 0ober, $7 07ya Novem
ber. $7, December, $B.87% January, $6 90.
RibsJuly, $7.40, September, $7.60 October,
$7.62%.
NEW YORK
quiet. Pork, quiet
steam, $7 25.
Week Ending
July 2.
1,048
3,087,229
816,783
11,066 51,179
2,292,490
130.003
5,895,798
47,829
478,783 456,707
21,159
213,397
873,571
Barley 448,216
Rje 17,155
Flax 140,054
Sept.
89%@90% 90% 00%
89
Opening Highest Lowest Close
Today 89%
Yesterday 90%
Xear ago 79%
The following was the range of prices for new
dellveiy:
Wheat Julv. Sept.
Opening 89%@% 84
Highest UL-^S 84%@%
Lowest 88%
84%@85% 85% 84%
85@85% 85%@85% 79%
Dec.
83%@%
84% 83%
,83%
Close
Today 38%@% 84 t-,:,..,V 83%
Yesterday 89% 84 L'AH83%
Corn
Gpcnir. ...UX... 48%@% 49@49% 45%@%
Highest 49%
Lowest 48%
Infective
PROVISIONS, July 9.Beef,
Lard, easy prime western
PEORIA WHISKY, July 9.Whisky on the
basis of J1.2S for finished goods.
NEW YORK METAL, July~0.Lead and cop
per setady and unchanged.
KIND OFMAN TO TIE TO
Sounds Good, but Where'll One Find
Him?
Muncie (Ind.) News-Tribune.
"We rise to make plain talk on a theme
that is big in the thought of the girl.
Tho theme is man, and the choice of a
lifemate for a maid. The dear young
thing will bear in mind that a "freak
hat," a foul pipe, tan shoes, shaped like
grown hams, and a pair of fierce socks
do not, of need, go to make up the best
sort of man to tie to. The scarf and
the vest, their check, tint, or noise, do
not take a place in the worth of the
brute who must soon or late serve the
soft sex. It is to say then, that the
duds make the dude, but do not make
the real man. The girl who thinks a
dude is all right is not the girl we wish
to talk to on this line. For those who
like that sort the dude is all right. The
maid who seeks, as is right, real joy in
life with a man the maid who has the
heart to make a home a place of bliss,
will pass by the one who thinks of
dress and shine and style more than he
thinks of the world's call on mind or
heart. A good man to tie to is the man
who thinks first of all of his job and of
his stand in the town. The staid, safe,
true, plain, square, white-browed, clear
eyed, pure-lipped young man is the boy
to place bets on in the home game or in
Buch game as one may choose.
WOULD CALL HIM TOMMY
Yot Lee Chwang Toy Retorts on Plerpont
Morgan Jones.
Washington Post.
"Chinamen have a fine sense of hu-
mor," said the young playwright, Richard
Carle. "In their quiet and dry way the
Chinese say innumerable good things.
"I once knew in San Antonio a bachelor
banker. This man decided that he would
employ a Chinese butler. Accordingly, his
arrangements were made, and in due time
the Chinese butler appeared. served
his first dinner admirably.
"After it the banker said to him:
'1 think you will do well here. What
is your name?'
'My name Yot "Lee Chwang Toy,' the17,700
Chinaman answered.
'Oh,' said the banker, 'I can't remem
ber all that. I'll just call you John.'
'AH light,' said the new butler.
"At breakfast the next morning the
Chinaman smiled at his employer pleas
antly.
'What is your name?' he said.
'Plerpont Morgan Jones,' my friend
replied.
'Me no memble all that,' said tho
Chinaman. 'Me just call you Tommy.'
HOW I HAPPENED.
Chicago News.
"I heard yeu giggling in the parlor
last night," said the stern parent. "I
thing you must have been beside your-
self."
"Oh, no," said the pretty girl, blush
ing deeply "I was beside Charley."
DESERVED IT.
Stray Stories.
"Pact is," said the one man, "I mar
ried because I was lonely, as much as
for any other reason. To put It tersely,
I married for sympathy."
"Well," said the other man, "you
have mine."
1' THOSE LUCKY JAPS.
They've money, they've ships and
they've men,
And no aunties with voice and with
pen t,L
To knock the good cause,
^And there's never a pause i_
In the taxpayer coughing up yen.
Puck.
FW
45@45% 45%
61@51%
88%@%
38% 32% 33
33
83% 33%
tiack, 57.
Closer Wheat, cash, No.81 97)ic No.
SiHfirJ)16"^e
$1-1 Oct.
Flax, cash,
October, $1.19.
MILWAUKEE GRAIN AND FLOUR, July 9.
Flour, dull. Wheat, steady No. 1 northern,
98%@99c No. 2 northern, 96@97%c new
September, 84c asked. Rye, steady No. 1, 8@
70c. Barley, dull No. 3, 62@63c sample, 32
59c. Oats, %c higher standard, 41%@41)ic.
Coin, %c lower No. 8, 49V6@50%c September,
WheatPuts, 88%c asked calls, 84%@84%c.
CornPuts, bid calls, 49%c.
NIVjr YORK GRAIN AND FLOUR, Jul
FlourRecwtts, 18.100 brls sales, 1,100
arm -ut quiet Minnesota $4.85$ 15.
WneatReceiptsw,e 1,00 bu, sales, bao.ouu bu,
openeedi barelv steadj on thecovering.cables
st
be A\
Laterpatents, there was a rally
atho
^i16.e
wlt
lower and
southwest and on Septem-
GENERAL LIST
A FRACTION UP
LEADING STOCKS OPENED ABOUT
EVEN WITH IiAST NIGHT.
Pennsylvania, Reading and Steel Pre
ferred Taken at Rising Prices
Stocks Drift Back After Issue of
Bank Statement, but Stiffen Toward
Close Again.
New York, July 9.Prices of the prom
inent leaders opened unchanged from last
night in the stock market today, but the
general list was a fraction higher. Pa
cific Mail rose 2, Lead 1 and Norfolk &
Western and Delaware & Hudson
There was a fall of in Hocking Coal 7s.
Considerable amounts of Pennsylvania,
Reading and United States Steel preferred
were taken at rising prices. The demand
for these leaders contributed largely to
the firmness of the entire market. The
local tractions were irregular and did not
respond to the advance of a point in
Manhattan. Lead and the Southern Hail
way stocks were bought heavily, Southern
Railway preferred rising 1%. Pacific
Coast rose 2, Iowa Central preferred 1%.
Continental Tobacco preferred 1% and
Hocking Valley 1.
Reading was bought in large blocks up
to over last night. The general list
did not follow it. The bank statement
failed to show the expected large increase
in reserves and stock prices drifted back
to last night's level and for some of tlT&
western railroad stocks slightly below.
Colorado Fuel gained 1% and Allis-Chal
mers preferred while Enameling pre
ferred fell 2. Prices stiffened again and
the closing was steady.
Stock quotations reported for The Journal by
Watson & Co., brokers. Chamber of Commerce,
Minneapolis. Closing figures are bid.
Sales.) Shares-
100 Am. Cot. oil..
100 do pr
100 Am. Car
100 do pr
100 Am. Locomot.l
100 do pr
Am Ice
do pr
Am. Linseed..
do pr
1,100 Am. Sugar
do pi
100 Am. Smelting.
do pr
14,500 Amal. Cop
Anacon. Cop..
9,400 At .Top. & S
1,400 do pr
1,400 Bait. & Ohio..
do pr
4,200 Brook. Rap.Tr
Brook. Un Gas
Can. Southern
600 Canadian Pac.
2,700 Ches. & Ohio..
Chi. & Alton.
do pr
500 Corn Products
100 do pr
200 Chi. West
200 C.,C.,U & StL
do pr
Chi Term
do pr
l.lOOlCol. Fuel & Ir
800 Col Southern
do 1st pr.
do 2d pr..
Qol., H. C. & I
200 Consol Gas
100 Con. Tob pr
500 Del. & Hudson
D., Lack & W
Den. & Rio
do pr
Des M. & F.
D., S. S. & At
do pr
1,700 die
1,400 do 1st pr
200 do 2d pr..
500 Gen. Electric
100 Hock. Valley
200 do pr
100 111. Central
Iowa Central
do pr
Inter Paper
do pr
K. C. & Couth
do pr
Long Island
1,300 Louis & Nash
600 M. StP. & Soo|
300 do pr
Manhattan...
4,600 Met. St. By.
Minn. & St.
do pr
5,300 Mo. Pacific.
100 M. K. & T..
100 do pr
6,100 Me^:. Cent....
100 Nat. Biscuit.
do pr
6,200 Nat. Lead
100 do pr
N. J. Central
1,300 Nor. & West.
100 do pr
North Am. Co.
Nor. Securities
100 North-AVestern
do pr
.N Y. Air Bks.
400 N. Y. Central
Omaha
do pr
1,900 Ontario & W..
SOOfPreseed Steel..
do pr
1,900 Pacific Mall
15,000 Penn R.
700 People's Gas...
Pullman
54,400 Reading
200 do 1st pr...
500 do 2d pr
lOORepub. Steel...
400| do
I Close
High-
est.
Low-1 Bid. (Bid.
est. [July 9|July 8
128% 128%
97 51%
*75%
95
82%
5?%
'74%
941/ 82^
60% 50%
65%
125%
33%
124%
32%
125%
32% 38 80
11 68
15% 72
101
6%
15% 81 15%
49
1 1
1S^ 72 72 82% 81%
IS
82% 82%
151%
117%
150% 116%
92 91%
8%
23% 21%
59% 59
102% 101%
117% 11T
28% 27*
Rubber Goods,
do pr
Rock Island
f.o pr
St.L & S.F. 1st
do 2d pr.
St. L. & S.W.
do pr
St. Paul
do pr
Southern Pac.
Southern lly
do pr
Tenn Coal & I
500 400 200 500 600 500
7,800 3,400
19,600
?,600
500
11,000
300
100 100
4,500
71%
41% "ii%
22 21% 47% 12Vf m.
145% 48% 22% 86% 87% 24%
700 Texas & Pac,
Third Av. Ry
T.,St.L. & W,
do pr
Twin City R.T
Union Pac
do pr
U. S. Leather.
do ]ir
U. S. Rubber
do pr
U. S. Steel..,
do pr
do 5B
Wabnsh
do pr
West. Union
Whel. & L.E
do 1st pr.
do 2d pr
Wis. Central.
do pr
MONEY REPORTS
Chicago exchange, selling rate, 60c premium
buying rate, 10c premium. London 60-day sight
documentary exchange, $4.85%.
ST. PAUL, July 9.Bank clearings today,
$1,042,664.22.
LOCAL SECURITIES
MINNEAPOLIS.
*Add interest.
105 113 158%
269%
21%
159% 159%
ii""
25%
00% 87%
25 25 60% 36%
37
158%
158% 158
66 82
133%
18%
82%
133%
35% 85%
112%
68%
112
67%
H^
28 71% 26% 27
117%
99%
117%
98%
220
8*
Last
Sale.
Bid. Asked.
180
105
German-American bank 160
First National bank 175
Oermania baak 100
Hennepin County Savings
bank
Minneapolis Trust company
Minnesota Title Insurance
and Trust Co., ^fd 120
Minnesota Loan and Trust
company 120
National Bank of Com
merce 132
Northwestern National bank 190
St. Anthony Falls bank... 150
South Side State bank 100
Security Bank of Minne
sota 155
Swedish Ame.'ican National
bank 150
Minneapolis Gas Light Co.,
com. 6s, 1910-80 108
Minneapolis General Elec
tric Co., con. 5s, 1929 103%
Minneapolis Brewing Co.,
common 104
Minneapolis Brewing Co.,
preferred 107
Minneapolis Brewing Co.,
bonds 110
Minneapolis Syndicate
Minneapolis Threshing Ma
chine Co 175
Minneapolis Steel and Ma
chinery Co., pM
Minneapolis Steel and Ma
chinery Co, com 108
North American Telegraph
company 77
Twin City Telephone Co.,
1st mortgage 5s, 1913-16 92
Twin City Telephone Co.,
common
Twin nt Telephone Co.,
preferred 110
ITS 105 160 132
125 125 120
135
102 160
135 192
150 130
157 157 150
112 104 104
107 105
110 113 102
110
100
200 100 100
110 108
80 80
98
100
110 11Q
ST. PAUL.
American National bank
Capital bank 120
First National bank
Merchants' National bonk
National German-American
bank 182
St. Paul National bank.... 105
Scandinavian-American bank 135
Second National bank 220
State bank
Northwestern Trust com
pany
Minn. Transfer Ry. 1st 5s,
1916
Minnesota Transfer Ry Co.,
flrsti 4s, 1916 *90
Security Trust company... 100
St. Paul Union Depot Co.,
first 6s, 1930 *125
Union Depot Co., consol.
5s, 1944 *109
Union Depot Co., consol.
4s, 1944 *100
Interstate Investment Trust
Company
American Light & Traction
Co., pref ei
American Light & Traction
Co., com 49
St. Paul Gas Light Co.,
1st 0s, 1916 110
St. Paul Gas Lijjht Co,
cons. 6s, 1918 *110
St. Paul Gas Light Co.,
general 5s, 1944
St Paul City 'Ry. Co.,
cable 5s, 1987 *105
West Publishing Company,
common 250
West Publishing Company,
preferred
St. Paul Fire & Marine
Ins. Company 170
St. Paul Trustee Co 96
Superior Water, Lizrbt &
Power Co., 1st 4s, 1931
South St. Paul Union Stock
Yards Co., 1st 5s, 1910..
Last
Sale.
103
125 250
188%
Bid. Asked.
101 103
130 142
135 130
130
225
100 130 115 109
83 61 50%
112 i
111 *110
03 98
110 108
800 250
105 105
175
100
WEEKLY BANK CLEARINGS
New York, July 9The following table, com**,
piled by Bradstreet, shows the bank clearings at
the principal cities for the week ended Thursday,
July 7, with the percentage of increase and de
crease, as compared with the corresponding week
last year:
New York $1,098,517,118
Chicago 154,752,772
Boston 125,708,S32
105,026,741
Philadelphia St Louis
Pittsburg San Francisco
Baltimore
Cincinnati Kansas City
New Orleans
Cleveland MINNEAPOLIS
Detroit Louisville Omaha Mllw aukee
Providence
Buffalo Indianapolis St. Paul
Los Angeles
St. Joseph
Denver
Columbus Memphis
Seattle Richmond
Washington Savannah Albany Partland, Ore
Fort Worth
Toledo, Ohio
Salt Lake City
Peoria Atlanta Rochester Hartford Nashv.Ule Des Moines
Spokane, Wash
Tacoma Grand Rapids
New Haven
Dayton Norfolk
112%
67%
123% 150%
116%
43 76 91%
17% 38%
8%
46
107
21% 03%
165
58% 86 86%
102 171%
217 127 117 170
170
Springfield, Mass
Worcester Portland, Me
Augusta, Ga
Topeka Sioux City
Cedar Rapida
4
145% 178
48%
22% 86% 37% 24%
'2i%
94% 91%
93%
6%
80% 17 68
10% Bsy,
77% 16 A
35 87
15% 42% 23 17%
91%
11% 58%
100
600 35 84%
100 200 S9% 89%
Total sales, 171,000.
NEW YORK, Julv 9 The statement of aver
ages of the clearing house banks of this city
for the five days of this week shows: Loans
$1078,294,800, increase $3 263,300 deposits
|1,158,150.300, increase $5,161,500 circulation
$39,108,400, decrease $41,200 legal tenders $82.-
461,400, decrease $2,519,300 specie $243,093,900,
increase $3,722,100 reserve $323,555,300, In
crease $1,202,800: reserve required $289,537,575,
increase $1,290,375 surplus $30,017,725, decrease
$87,575 United States deposits $41,838,325, de
crease $7S,625. Close: Money on call nominal
no loans. Timo loans steady 60 days, 2 per
cent: 90 days, 2*4 six months, 3@814.
Pilme mercantile paper, 3g per cent ster
ling exchange steady, with actual business in
bankets' bilsl at $4 87.25 for demand and at
$4 85 25 for 60-day bill, posted rates. $4 88 and
$4 88. Comemrcial bills, $4.84^(^4.85. Bar sil
ver, 57%c. Mexican dollars, 45%c. Govern
ment bonds, steady: railroad bonds firm.
PARIS, July 9.Three per cent rentes 98
francs 5 centimes fo rthe account. Exchange on
London 25 francs 22 centimes for checks.
BERLIN, July 9.Exchange on London 20
marks' 41% pfgs for checks. Discount rates,
short bills, 2% per cent three months' bills, 2%
per cent. The weekly statement of the Im
perial Bank of Germany shows the following.
changes. Cash in hand, increased 4,780,000
marks treasury notes, decreased 680,000 marks
other securities, increased 81,580,000 marks K^. SO ^_, ^-^^v
ST. PAUL, MINN.
Per Cent.
Inc. Dec.
8 4
.7
4.4
*2!5 'e'.j
2.5
11.3
43,631 673
40.900,360
26.809,889 24,412,810
23,S57,750 14.443,733
12.163 622
15,373 034
11.164 931
9.594,107
10,724 186
6.959.521 6.S86.342
6.305,000 6.281,635
6.705,485 5.156,603 0,408,612
3,478,721 3.S32.302 3,898,700
3,497,161 2,660,672
4,812,2.-2 4 662,703
2.623,841
3,733 942
2.951,053 2.588 992
2,861,616 2,449.738 2,616 075
2 407 082
2,791,075 3.629 646
2,004,20'} 2,197,321 2.210 018
1,567,104
2,422 534
2.023 .r
1.588,944
1,704 990
1,824,742
1,871 322
1,670,177
1,009.400
1,815.104
1,150,761
393.563
5.6
18 7
41 8
.9
12 9
5.2
28 2
"i'.5
6.7 6.2
3.4
19.5
13.3
16.8
22 1
7.7
10.4 29.1
22.0
2 8
11.0
3.7 1 8
2.3
...0
2.7
12 4
17.4
2.2 3 fl
.1
30 1
4.9
15.4
m.K
4.4
Totals, U. S $1,865,589,705
Outside N. $707,072,587
Totals, Canada $55,687,023
66%
60
47% 30
17.3
2.4
46.4
33. S
3 8
5.C 1 2
12.3
MISCELLANEOUS
NEW YORK COTTON, Julr 0.The cotton
market opened weak at a decline of 23 points
on the old and 8fa!22 points on the new crop
months under active liquidation and a renewal
of bear pressure, encouraged by the sensational
decline at Liverpool and the favorable weather
hwich was predicted to continue over today and
tomorrow. At ilrst yesterday's sellers took
profits freely and the market for a time fluc
tuated Irregularly around the opening figures,
but later New Orleans, the south generally, and
some of the leading room traders selling heav
ily, the market Increased the losses, ruling weak
in a tone at a decline of about 11@27 points.
The cotton market closed steady with prices
11@35 points net lower. The spot market
closed quiet with prices 30 points lower on the
basis of 10.05c for middling uplands and 11.20c
for middling gulf. Sales were 735 bales.
Cotton futures closed steady July, 10.46c Au
gust, 10.42c September, 0.58c October, 9.40c,
November, 9.36c December, 9.39c January,
9.42c February, 9.45c March, 9.49c. Spot closed
quiet, middling uplands 10.95c middling gulf,
11.20c.
HEW YOEK SUGAR AND COFFEE, July 9.
Sugar, raw firm fair refining, 3%c, centrifugal
96-test, 3 15-10@4c molasses sugar. 3%c re
fined firm crushed, 5.75c powdered, 5.15c gran
ulated, 5.03c. Coffee, steady No. 7 Eio, 7ViC.
Molasses, steady, New Orleans, 31@37c.
ST. LOOTS METAL, July 9.Lead, steady
4.12^c. Spelter, quiet 4.77^c.
NEW TOBK OIL, Julr 9.-
refined, all ports, [email protected].
Close
-Petroleum, easy
Gamble-Robinson Commission Co.
Branch HousesSt. Paul. Mankato. Aberdeen. S. D.
ESTABLISHED 1879
"laajsa^jSTS.arsiart GRAIN COMMISSION
day, $2,417,401.75. New York exchange, selling
rate, 80c premium baying rate, 80c premium. BBAHCBESChlcstco tad Milwaukee.
tf
/\MNfM4
WATSON & CO.,
BROKERS IN
BRAIN, PROVISIONS,
STOCKS AND BONDS.
Members N. Y. Stock Exchange,
New York Office24 Broad Street.
Chicago Correspondents--J. B. Wrann A Ok
Vxhrate wire Chicago and New York.
TelephonesN. W. Main 90*
N.W. Main 611.
T. C. 184.
420-421 Chamber of OOIMMTMI
THE SECURITY
BANKOFMINNESOTA
MINNEAPOLIS.
Capital $1,000,000
Surplus and Profits $400,009
Deposits $9,000,000
Letters of credit issued against the
deposit of cash or approved collaterals.
Foreign Exchange bought and sold.
110 J. F. WHALLON.
GEO. P. CASE.
105
95
110 100
GEO. C. BAOLET-
CHAS. If. CASE.
Whal!on,Case&Co.
STOCKS, GRAIN, PROVISIONS
EMBERS
108 122 121
New York Stock Exchange,
Chicago Board of Trade,
Mpli. Chamber of Commerce
Private Wire to New York and Chicago*
CHAMBER OF COHMEfiCK.
SU 1st AVE. SO.
MINNEAPOLIS OMAHA
Edwards-
Wood
Co
MAIN OFFICE
67%
Fifth and Robert Sts.,
85 82% (IWCORPOKAWIB)
DEALERS IN
Stocks, Grain, Provisions
Bought and sold for cash or carried on reasonable
rpiargins, upotvwhich there will be a cbargo t# oa
grain, on stocks and Vs on flax.
Write for our marltetletter.
COMMISSION MERCHANT8 IN GAR LOTS
Ship YourJGrain To Us
BEST FACILITIES. PROMPT RBTUBNS.
LIBERAL ADVANCES.
"2.0 DULUTH WINNIPEG
110 and 111 Chamber of Commeroe 812 Guar
anty Loan bldg, Minneapolis.
Van Dusen
Harrington Co.,
Chraint Provisions,
Stocks and Bonds.
Member Principal Exchanges.
NEW CHAMBER OP
50lBss?utlTr*RdCOMMERC
Wm. Dalrymple,
Win. Dalrymple Co.,
GRAINCOMMISSION
6.3
2.4 7 0 ttacaiving a specialty. Advances made to Farmarij
ShiDDera and Elevator Companies.
6.
D. G. HAGEN,
Member of Chamber of Commerce.
Receiver and Shipper of
HAY, GRAIN AN MILLSTUFFS
CAR LOTS ONLY.
215 Godfrey Block, Corner Third Street and
Fourth Avenue South. Minneapolis.
Dulutb Chicago
E A. BROWN & CO.
Grain Commission
WHOLESALE COAL
Consignments Solicited. Prompt Returns
Guaranteed.
Minneapolis Minnesota
CHICAGO SEED AND COARSE GRAIN, .Inly
0Rve. lulj, 63c. September, 5C(??58c Flax,
cash northwest, $1.17%: southwest, $1.12. July.
$1.12, Sentember. $1 13,1.14%. Timothy,
Julv $2'to, September $3 1 Clover,' July,
$10.50. Barley, cash, 30(253c.
HALLET & GO
Grain Commission
11 2 Chamber of Commerce, Minneapolis
MARFIELD-
GRIFFITHS GO.
GRAIN COMMISSION.
Minneapolis S?!0**0,.
mm
(Jobbers in
Fruits, Vegeta-
bles, Produce
OrlodFruits and
Canned Goods*
Liberal advances made on
large consignments. Or*
ders filled promptly foe
everything in our line.
Also Gamble-Koblpson-Sheldon Co.. Dnlnth.
WOODWARD & CO.
t~m w*-\
DULvrn
Orders for future delivery executed in all marks**

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