Newspaper Page Text
FINE CROPS IN
BUT A "SPOTTED'* AREA
The Jim River Valley and Missouri
Slope Show Splendid StandsThe
Red River Valley Wheat Thin and
The following Is the condensed report
of the Van Dusen-Harrington company 1
I northern Minnesota and North Da
kota, crops have made splendid growth,
but the lowlands, and especially those In
the valley of the Red river, are showing
the effect of too much rain. There the
grain is weedy, thin and not making good
The drier lands of the Jim river country
and the Missouri slo pe have never prom
ised so good a crop, but they also need
clear weather now.
In southern Minnesota the crop is be
coming "spotted." O high land where
there was fall plowing the crops look well
barley and oats are headed and wheat is
now heading O low land, and where
grain was put In on stubble without plow
ing, grain Is thin and weedy.
There Is a strip thru Brown, Spink and
Faulk counties, In South Dakota, needing
rain, but, generally speaking, South Da
kota small grain never promised better
Corn Is backward and not making good
Produce Exchange, corrected up to 12 m.,
Saturday, July 0.Butter, steady. EffffBi
firm. Poultry, dull. Veal, firmer.
0 the Minneapolis
BUTTER,Receipts, yesterday, 11,405 lbs
creameries, extra, lQMic creameries, firsts, 15c,
creameries, seconds, 13c dairies, extra, 14c
dairies, firsts, 12j dairies, seconds, lie packing
EGGSReceipts yesterday, 543 cases candled,
doz, cases included, 15c dirties, per case of 30
doz, $2 75 seconds, per case of 80 doz, $2 75
checks, per case of 80 doz, $2.75.
CHEESETwins or flats, fancy, 7@9%c
twins or flats, choice, 4@6c* twins or flats, fair
to good, 8@4c Young Americas, fancy, llft
brick, No 1, lie. No. 2. Gc brick, No 8,
6@0%o primost, No. 1, 7^c primost, No 2,
6c pultost, 6c, Swiss, No. 1 block, 13c Swiss,
No 2 block, lie, daisies, No. 1, 10o llmburger,
No 1, 12c
LIVE POULTRYTurkeys, 10@llc hens, 9@
OV2C. roosters 5ff6c, old roosters, 5c ducks, 6c,
geese, 5c, brolleis, IVi to 2 lbs each, 14@16c
peepers. 1 lb and under, doz, $1 email@example.com.
DRESSED MEATSVeal, fancy, per lb, 7c
fair to good, 6@Q^c, small or overweight, 4c,
mutton, fancy, 5@6c, lambs, yearlings, 49c
milk lnmbs, pelts off, 8f812c, hogs, 5@"%
FISH-^-Plckerel. 4@4VjC, bullheads, 6c, crap
ple* Bf$(ic, pike 5@)6c.
CABBAGENew, large crates, $2 small
POTATOESNew, per bu, $1 40
ONIONSBeimudas. per crate, $2 Texas Ber
mudas, per 100 lbs, $2 50
DRIED PEASFancy yellow, per bu, $1 60
medium, $120 green, fancy, $1.50, medium,
$1.10 marrowfat, $2
BEANSQuotations Include sacks. Fancy
YOUR HIDES, PELTS/ FUR8, ETC.
To MCMILLAN FUR & WOOL co.
WHITE FOR CIRCULARS.
Butcher Knives, Cleavers, Steels and Saws,
Sheep Shearing and Horse Clipping Machines.
Ail kinds of cutlery grinding a specialty.
II. H. HEGENER,207 Nicollet Ay.
Peoples das Light & Cote Company
REFUNDING MORTGAGE 5% GOLD BONDS.
PRINCIPAL DUE 1947.
Interest payable In New York, Maroh 1st and September 1st.
THE FARMERS' LOAN AND TRUST CO., New York, Trustee.
Coupon bonds with provision for registration of principal and
convertible Into full registered certificates.
These bonds are issued to retire the following maturing obliga
$2,100,000 Peoples Gas Light & Coke Co. 1st Mtge. 6s, due Nov. 1 1904
2,500,000 Peoples Gas Light & Coke Co. 2nd Mtge. 6s, due Deo. 1, 1904.
200,000 VHyde Park Gas Co. 1st Mtge. 6s, due Sept. 1, 1904.
For full particulars of the Refunding Mortgage bonds, and
the earnings and properties of the Company, reference is made
to a letter addressed to us by G. O. Knapp, Esq., President of
the Company, copies of whioh may be obtained at the offices of
the undersigned. This shows that in the fiscal year to Decem
ber 81, 1903, the net earnings of the company, after all charges
for working expenses and taxes, were $5,414,438, or approxi
mately three times the entire bond interest charges. The surplus
applicable to dividends, after deducting $656,431 for depreciation
and other charges, is shown to be $2,900,707 equal to 8.80 per
cent on the outstanding capital stock of $32,969,100.
Dividends have been paid continuously since 1889, and at the
uniform rate of 6 per cent a year since 1897.
The $2,500,000 Refunding bonds previously issued by the
company are listed on the New York and Chioago Stock Ex-
changes, and application will be made in due course to list the
above additional amount.
Having already sold to Investors over $3,000,000 of the ahove
issue, we offer the remaining bonds, subject to sale, at 104 and
interest, at which price they will net nearly 4.80 per cent upon
the investment, and recommend them as a safe and desirable
The maturing bonds will be accepted in payment upon a 3/a
per cent basis and holders will have preference in allotment.
Central Trust Co. Vermilye & Co.
navy, ner bu, $2.25 choice navy, |2 medium,
handplcked, $2, medium, fair, $1.25, medium,
mixed and dirty. 65@78c brown, fancy, 93 75,
bronn, fair to good, $3. Lima, Callfamia, per
ORANGESLate Valenclas, all sizes, S3.75
4, Mediterranean Sweets, all sizes, $3.50 St.
Michaels, all sizes, $3.75.
LEMONSCalifornia, fancy, as to size, |3.76
Messlnas, $3 508.75.
STRAWBERRIES16-qt cases, $1 25.
PINEAPPLES Per doa, $1.78@2 per crate,
$3 253 75.
HONBYNew fancy white, 1-lb sections, 12c
choice white, 1-lb sections, 12a amber, 10c
goldenrod, loe exti acted white. In cans, 7
extracted amber, 7c.
WEST COAST FRUITSCherries, black, box,
$125, cherries, white, box, $125 apricots,
per crate, $1.50 peaches, per bov, 65@80e
plums, crate, $1.3501.75.
UOOSKBERRIES24-qt case, $2 25 16 qt case,
CURRANTSRed, 16-qt case, $1 25 red, 24-
qt ease, $1.75
RED RASPBERRIES24-pt case. $2@2 25.
BLUEBERRIES16 qt case, $1.75@2.
PEACHESI-our-bnsket ciate 80c.
BANANASJumbo bunches. $a(? 85 large
bunches. $2 50fib2 75, medium bunches. $2@2 25.
NEW VEGETABLESAsparagus, dozen, 60c,
beims, string, bu box, $175, beans, wax, bu
box, $1.75, beets, doas bunches, 25@30c, carrots,
doz bunches, S5c cucumbers, doz, 30@85c cauli
flower, dpz, 75c@$l egg plant, doz, $lffil25
lettuce, doz, 15c, lettuce, heads, 25c mint, doz,
40c, onions, doz bunches, 15c, parsley, doi, 30c
pieplant, 100 lbs, $1, green peas, bu, 75c@$l
ladlshes, round, doz bunches l"@a)c toma
toes, fanev, four-basket crates, $1 25, turnips,
doz bunches, 25@30c, watercress, doz, 90c, gar
lic, lb, 13@15c.
JULY PROFITS REINVESTEDi
FEATURE O WEEK I N WALIJ
STREET REALIZ I N AND
RAINS CAUSE PRESSURE O N
New York, July 9.Effective profes
sional leadership developed In this week's
stock market and induced active opera
tions and advancing prices. Realizing
sales caused a reaction and the damage
reported to the wheat crop from exces
sive rains increased the selling pressure.
Reinvestment of July profits was a fac
tor In the market. The extraordinary
promise of the cotton crop was much
dwelt upon. The rise in United States
Steel preferred is believed to foreshadow
the Integri ty of its dividend. Railroad of
ficials professed more confiden ce over im
provement in traffic.
EARLY MONTANA CATTLE
SHIPPING SEASON WILL OPEN TWO TO
THREE WEEKS BEFORE AVERAGE SATE.
Big Timber, \iont, July 9.Indications are
that the stock-shipping season will begin from
two to three weeks earlier in this section than
last year. Several prominent stockmen who
have been seen agree that live stock, both cattle
and sheep, are in much better condition than at
a corresponding time for several seasons. This
is due to plentiful grass and the prospects for
good forage are excellent.
Thomas Noble, a well-known stockman from
the Big Elk section, who was In town a few
dayB ago, stated that It was his intention to
ship hla cattle early in September. "They are
already fat enough for beef," said Mr Noble,
"and If nothing happens I and several other
stockmen of the Big Elk section will put some
premium range beef upon the Chicago market
Several sheepmen are preparing to ship mutton
to Chicago within a few weeks. Last year there
were no shipments of mutton, until the latter
part 01 September.
TO STUDY OATTLE
GOVERNMENT EXPERT I N CONTAGIOUS DIS
EASES I N MINNESOTA.
A. H* *TUli:v
Holcombe, an export In the bureau of
wbaudry United States agricultural de
partment, has been sent to Minnesota to inves-
horses In Minnesota, the Dakotas and Iowa. The
chief of the bureau says that the woilt done
by Minnesota In Its investigation of the oauses
and treatment of swamp fever, hog cholera and
hemorrhagic septicemia, resulted In the sand
ing of Dr. Holcombe to co-operate with the
state officials In their investigations.
"if the state authorities are able to cope
with these diseases among their cattle and
horses," said Dr. Holcombe recently, "the na
tional government will probably not feel called
upon to do anything, but the bureau realized
that he Minnesota veterinarians and bacteriolo
gists have been In the forefront in Investigat
ing the causes of Infectious and contagious dis
eases among cattle and horses.
Nassau and Pine Sts., New York.
13 Congress Street, Boston.
Maryland Telephone Bids.,
of New York,
54 Wall Street, New York.
Subscriptions will be received Chioago by
TOE FIRST TRUST AM SAVINGS BANK and Messrs. N. W. HARRIS & CO.
July 7, 1904.
Room 3 2 Bxchange Bid*., UNION STOCK YARDS,
CROSBY 4 CO.,
SO. Si. PaUl-
TOO MUCH AQUA
FOR FRUIT TRADE
FINE ARRAY O STOCK
Continued wet weather has not only de
moralized the movement of fruit to the
city trade, but has had a tendency to
cut down orders from out-of-town points
to a considerable degree. Few people
realize how much good or bad weather
lnliuences the fruit trade. People moving
about are the best buyers, and when kept
at home order staples only from their
groceryman. General prices on the fruit
and berry list are considered low, altho
some items on the berry list hold up ow
to their scarcity.
Oranges show no change in Quotations,
and are selling fully as well as other
fruits. Lemons are lower on Messlnas,
the comparatively cool weather for July
having a depressing influence. Arrivals
of peaohes, plums, cherries and apricots
are h^avy, considering the Immediate out
let, and prices- are therefore very reason
able, especially so on peaches, which are
up against the competition of very nice
stocic from the south. Texas goods are
giving satisfaction so far and at the cur
lent quotation of 80 cents for four-basket
crates ought to be low enough to suit
everyone but the grower and shipper.
Quotations on Californ ia plums show a
wide range, the different varieties vary
ing in price. Several cars of Washing
ton apricots and cherries have been sold
during the week. These goods are all
placed thru the auction every morning at
10 o'clock, and prices are governed by the
supply and demand S far this method
has proven the most satisfactory to all
Strawberries are among the cheapest
items on the list, the heavy reoeipts from
the districts south of us holding values
down on Minnesota-grown. Quality is
fine, and averaging better on the entire
receipts than at any previous time this
season. Red and black raspberries so far
have not arrived freely, and brought com
paiatlvely high figures when fanoy. Blue
beirles are in good request when firm, dry
stock. Gooseberries are slow, neither sup
ply nor demand being of large propor
tions. Sour cherries are scarce, and the
prioe Is creeping up to fancy figures.
Bananas hold to their former range.
The supply for the Fourth was equal to
all requirements, and all orders were filled
promptly, which dealers were unable to
do a year ago Pineapples are in good
supply, but not taken as freely since the
offerings of other fruits became so nu
merous. Melons are coming freely, but
they are also affected by weather condi
tions, and the movement is not what it
should be for this time of year.
The market on butter Is decidedly bar
ren of features. Quotations have held to
an unchanged range on all lines since
the opening of the week. The general torre
on creamery extras is firm, while there
Is a shade better call for firsts. Dairies
are holding to about the same position as
last week, the call not equaling arrivals,
bnd more or less of an accumulation Is
constantly in sight.
While some buying of eggs is still done
on a case-count basis from the country,
city buyers have settled to a loss-off prop
osition, and will not be satisfied with any
thing but candled eggs. The shrinkage
has grown to be too unoertaln a quantity,
and local grocers want stock that can be
used immediately to fill orders without re
candling. Quotations show a half-cent ad
vance on this quality.
Paraffined oheese is having the call
upon the loc al market. Twins or flats
show no quotable change, but primost and
llmburger are weaker, and values are like
ly to go lower.
Poultry shows no change for the week,
either as to quotations or general condi
tions. Supplies now coming are very well
taken at ruling price s, and muoh lighter
stocks are carried over from day to day
tlian was the case a week ago. Veal is
now on a firm basis, and outside quota
tions are more easily secured on fancy
calves than for some time past. Receipts
also contain a much lighter proportion of
small, underweight stoc k, whioh is favor
able to a maintaining of prices. Mi lk lambs
eased off a trifle the middle of the week,
the supply exceeding the demand. The
arrivals of state fish have been heavy, but
quotations have been well maintained, ex
cept on small crapples, which are slow at
any figure. The demand has Increased
for squabs, and they aie quick sellers at
$2 per dozen.
New potato prices are beginning to sag
under the influence of heavier receipts,
and the marketing of more or less home
grown stock. A fair demand still exists
for old. Cabbage is lower. Tomatoes
have advanced about 25 cents per crate.
Balance of the vegetable list shows few
if any changes, mostly unimportant.
PLANT LARGE AN VIGOROUS AN PROW
Crop conditions In the Canadian west con
tinue to be of the most favorable charaoter, says
the Commercial West, and the growing grain
in a number of sections is now from 18 Inches
to 2 feet in height, and In some districts even
8 feet The plant is vigorous and the heads so
far formed are large. No reports of damage
from the heavy rain storm of last Saturday have
been received, and thy rains was general thru
out the west the wind storm was confined to a
limited area and without damage to crops.
There has been an abundance of rain an all
sections and reports from districts Alberta, Sas
katchewan, Asslnlbola and the province of Mani
toba are equally satisfactory. All that Is now
wanted lfl hot weather during July and August
to produce one of the finest wheat crops the
Canadian west has ever seen. The present In
dications are for a general higher temperature.
Owing to the abundance of rain during the last
two weeks hay cutting has been retarded and
it now looks as if soma~of the natural hay lands
would not be fit for cutting until after har
WAR HELPS WOOL.
Sheepmen in the west are getting ready to
harvest their season's crop. As a rule, except
in Montana, the lamb crop has been exception
ally good and will run 75 to 100 per cent. The
war In the far east is helping the wool mar
ket somet and has made the demand much
better In the west the price of wool on the
range has been around 18 to 15 cents. In Texas
the conditions were still better, and recent
quotations from Boston show that Texas wool
is selling In that city from 17 to 21 cents.
BOSTON MINING STOCKS, July 9.Closing
prices, yesterday's market. Adventure, 1%@1%
Allouea, 8%@H% Arcadian, 50@75 Atlanta,
7%S8 Bingham, 24@2*%@24%, Calumet &
HecTa, 21Coi21^4, Consolidated Mercer, 25@27
Copper Range Consolidated, 43%@43%: Daly
West, 22%@23% Dominion Coal, 41@41U Do
minion Steel, 7%@8% Elm River, 2@2%:
Franklin, 7@7% Isle Royal, 8@8% Mass, 4@
434 Mayflower, 50 asked, Michigan, 8%@4
Mohawk, 41%@41% Montreal & Boston, 40@
50, Granby, 3@3% Guanajuato, 1%@1% Old
Colony, 50(!75 Old Dominion, 12@18 Osceola,
blV3 Parrott, 24V4@25 Phoenix, Kgl^!
Quincy, 82@85, Rhode Island, 1 asked Santa
4@1% Shanno Coppe Company, 5%
5%I Swift & Co 101%@102 Tamarack, 90
93^4 Tecumseh, 2O@30 Trinity, 4%@5 United
Copper Company, 6@8 United States Mining,
2KS21&, United States Oil, 1@1% Utah, 86%
86% Victoria, 2%@2% Winona, 7@7% Wol
verine, 78@74 Wyandot, 50@75.
NO CATTLE QUARANTINE.
The Canadian government will not put into
effect a quarantine against Montana live stock,
as was recently reported, at the time the quar
antine went into effect against North Dakota,
says the Helena Record State Veterinarian
Knowles has received a letter from Dr. J.
G. Rutherford, veterinary inspector general for
the Dominion of Canada, to that effect Dr.
Rutherford writes that while he does not think
a quarantine necessary, the veterinarians will
watch very closely live stock coming from Mon
tana. All cattle from Infected districts must
be dipped between Sept. 1 and Oct. 81 before
they will be permitted to cross the line.
,?THE MINNEAPOLIS JOURNAL
FERED THIS WEEK.
Butler Rules Steady, with Eggs Firm-
of Western and Southern Peaches
Berries Attracting Attention from
FAT CATTLE SALES
CLEAR THE PENS
SIOUX CITY COULD USE MORE
A Large Run of Southern Cattle in
Transit to Northern RangesGood
Inquiry for Heavy-Weight Stockers
Ready to Go Into Feed LotsHogs
Sioux City Stock Yards, Sioux City,
Iowa, July 9.The run of 'cattle to this
market has been comparatively light. A
total of 6,700 cattle were received, and
of this number 5,500 head have bec-i
southerns in course of transit to the
northern ranges. The number of cattle
actually on sale this week was 1,200 head,
as compared with 1,700 for the previous
week. The stocker market showed little
or no change so far as values were con
cerned, but there was a little better tone
to the trade and good inquiry for strong
weight stocker steers and feeders ready
to go into the feed lots. There was noth
ing in the week's supply to sell at a very
high figure, and most of the fairly good
steers received changed hands at $3.25(3)
8 50, with the stronger weights selling at
the higher figure. The lightweight stock
ers and yearlings, comprising a good
share of the receipts, were slow at $3@
HogsThe run of hogs showed 18 (To~0
head, or 8,000 less than last week. The
market has been upward and with hogs
selling 10c higher, or $5.10@5 35 High
point of the week was on Wednesday.
This advance was lost later, and closing
quotations for the week are no better than
the close of last week.
ReceiptsCattle, 200, hogs, 3,500.
HogsStrong, sales, 80, 220 lbs, $5 05 61, 250
lbs, $5 15, 58, 290 lbs, $5 25.
CattleStiong, 10 beeves, 1,140 lbs, $4.75 16
beeves, 1,230 lbs, $5 50, 14 beeves, 1,260 lbs,
$5.75, 8 cows and heifers, 800 lbs, $8.10 0 cows
1,040 lbs, $8 50, 7 cows, 1,140 lbs, $4 6 stock
ers, 766 lbs, $3 4 stockers, 980 IBs, $8 50 4
stockers, 1,120 lbs, $4 6 yearlings, 740 lbs,
$2 76 6 yearlings, 620 lbs, $3 25 7 yearlings,
780 lbs, $3.60.
ST. LOT/IS LIVE STOCK, July 9.CattleRe
ceipts, 1.500. including 1,200 Tetans steady
native shipping and beer steers, $8.75@6 50
Stockers and feeders, $3@4 35, cows and heif
ers. $2 26@4 73, Te\as and Indian steers, $2 75
@5 2c cows and heifers, $2@4 25.
HogsReceipts, 3,000 steady to easy pigs
and lights, $4.25@5 20, packers, $5.10@5T80
butchers and best heavy, 1"J 25@5 45.
SheepReceipts, 600. steady, native muttons,
$4@4 J5 lambs, $4 firstname.lastname@example.org| Texas sheep, $3@
OMAHA LIVE STOCK, July 9.CattleRe
ceipts, 1,000 market strong and active, 25c
higher than a week ago Beef steers, $4 50
6 50 cows and heifers, ?3@4 65 western steers,
$3@4 75 range COTVS ana heifers, $2 25)365
canners, $1.50@2 00 stockers and feeders, $2 50
HogsReceipts, 7,500 market shade lower
heavy. $5 15@5 25.
SheepReceipts, 500 market active and
steady, 1525c higher than a week ago: sheep,
$8 email@example.com lambs, $6@7.
HIDES, PELTS AND WOOL
REVIEW OF TH E MARKET TH E NORTH
WESTERN HIDE & JTirR CO.
Hides, %c higher. Market strong.
Wool strong at the advance previously noted.
It is believed that the top has been reached.
Tallow quiet. Reported %c lower at Chicago.
Sheep pelts in active request slightly better
Ginseng 25c to 60o per pound higher. Seneca
8c to 5c lowet.
Feathers and beeswax unchanged.
8.25, while the common and inferior steers i with a week ago. Chicago has had the
of all weights changed hands at $2.50 'lightest cattle supply this week of the
$2.75. The market on heifer stuff was ear but notwithstanding this fact, the
very slow at $1.50 2 60, with most of
the offerings at $2.20@2 40. There are or
de rs on hand for feeders that have not
been filled owing to the lack of supplies,
and this class of stuff is expected to sell
well the coming week, but no improve
ment is looked for on the lighter-weight
steers or heifer stuff. A good oleanup has
been made out of the dealers' division.
The fat cattle supply has not been suf
ficient to fill the wants of the buyers
and the bulk of the offerings have run
to grassy cows The market early in the
week ruled 10@15c lower on oows, and
the supply sold largely at $firstname.lastname@example.org, with
the few of the better grade of she stuff
at $3 76@4. Canners were in liberal sup
ply at $1 50 2 75. Later in the week a
part of this decline was regained and wlt ti
more limited marketing there was a bet
ter tone to the trade Steers showed
very little change from last week's price s,
with sales mostly at $email@example.com, but there
was nothing very good on the market.
CHICAGO LIVE STOCK, July 9.CattleRe
ceipts, 1 000, morket nominal, good to prime
steers, $5 50@6 23} por to medium, $4.50@5 25
stockers and feeders^ $255@4. cows, $1 firstname.lastname@example.org
heifers, $2r014 KS^fcj&mei*, $1.5002.60, bulls, $2
@4 25 calves, $2 email@example.com Texas fed steers,
HogsiReceipts 10,000 market steady to 5c
lower, mixed and butchers, $5 80@6 50 good
to heavy. $firstname.lastname@example.org, rough heavy, $5 30
40, $5 80(36.40 bulk of sales, $5.35
SheepReceipts 2,000, market steady, lambs,
steady, good to choice wethers, $4 75@5 60 fair
to choice mixed, $3 50@4 50 native lambs, $4
7.76 western sheep, $44 60.
No.l. No- 3.
Green salted heavy steer bides., 8*6 7ft
Green salted heavy cow hides 8
Green salted bull hides .....j... 7 6
Green Baited light hides 8%
Green salted veal kip 8% 8
Green salted veal calf ..11% 10
Green salted long-haired kip 8 6%
Green salted deacons fi ...45 @55
Green salted branded, per lb less than
free of brands.
Green salted horse or mule hides,
large $3.25 2.23
Green salted horse or mule hides.
Green salted horse or mule hides,
Dry flint Montana. Oregon, Wash
ton and Idaho hides, flat..... 14 @10%
Montana bulls and fallen hides 10 @11
Dry flint Minnesota, Dakota, Wiscon
sin and similar 12 10%
Dry flint calf skins 16 14
Green salted pelts, large to email,.
each 20 @1 10
Dry flint territorial pelts, lb 10 @11
Tallow In cakes 4 8
Tallow, in barrels 3 8
Grease, light 3% 8
Wool, medium, unwashed ......19 @21
Wool, coarse .........18 2
Wool, fine, unwashed 14 lC
Feathers, goose 40 4 5
Feathers, duck 80 @40
Feathers, chicken 4%() 4%
turkey 3 Feathersi, 3% 4
Diy ginseng root, per lb $email@example.com
Green for planting 125
Seneca root, per lb 49 .51
Beeswax, dark 24
Beeswax, light 29
INCREASE I N PRODUCTION AND GENERAL-
LY GOOD OUTLOOK.
Utah flockmasters are now engaged in mar
keting their limbs. They find one of the heav
iest increases In the history of sheep raising
in that state, says the Denver Stockman. None
of the flocks will average less than 75 per cent,
and some are as high as 100 per cent increase.
The sheep are in excellent condition. One of
the noticeable things in connection with this
increase is that the depredations of coyotes and
mountain lions are far less this season than in
the past. Just why this is so is not known,
as the animals are as plentiful as ever. By
some it Is believed to be because of the splen
did feed on the ranges, which keeps the sheep
bunched better and enabled the herders to keep
a closer watch. Old herders do not remember
when the ranges have been in better condition
than this spring. They are like they were years
ago. Eighteen hundred thousand pounds of wool
has been purchased this season, representing
$225,000. There are about 300 bags left in that
section, so the company people say. The wool
business is practically closed In that part of
the state. The price of wool this year aver
ages close to 18 cento for the season's clip.
BEST MARKET FOR
SOUTH ST. PAUL RELATIVELY
THE HIGHEST POINT.
Spring Lambs Touch $6.75, the High
est Since EasterThe Hog Division
Fairly Active and Prices Maintained
Thru to Friday, Closing the Week
5o to 10c Above the Close of the
South St Paul, July 9.Receipts of cat
tle at the South St Paul market were
light the past week, and totaled about
1,550, compared with 3,027 the preceding
week, and 1,440 the corresponding week
last year. This week's calf receipts were
about 400, against 1,000 last week, and 593
the same week last year. The demand
here has been very strong for all decent
grades of beef and butcher cattle, and,
with supplies in no way meeting require
ments, the market has ruled strong and
active, with closing prices fully 10c high
er than at the close of the week previous.
N desirable hard-fed cattle have arrived,
but such would sell here at relatively high
prices compared with other markets. Sup
plies have consisted largely of common
to fair grass steers and the lower grades
of cow stuff, which have sold fully steady
market there has had a very dull tone,
and, with the exception of slight strength
In good grain-fed cattle, prices have been
no better than steady. Bulls have shown
no improvement over last week's low
closing. Bologna grades are selling large
from $2 to $2.25, with good, fat butcher
bulls at $3 and better. Veal calves have
been in good demand and^ closed the week
at an advance of 25c over last week's
windup. Fair to good veals are selling
from $4.25 to $4.75, with an occasional
sale up to $5 I stocker and feeder cir
cles, the trade has been as slow and fea
tureless as at any time recently. "While
good, thrifty cattle, weighing from 700
pounds up have sold about steady, there
has been no life to the trade on any class,
and common, light stock steers, weighing
from 500 pounds down, have been almost
unsalable. Country demand has been very
slack, and there is not likely to be any
improvement for several weeks Milch
cows and springers, unless of very good
qualit y, have been of slow sale at unim
proved prices over a week ago.
HOGSThere were about 10,200 hogs
leceived here this week, against 18,428
last week, and 10,382 the same week last
year. Receipts during the first half of
the week were light at all markets, and
prices made another advance. Thursday
there was a liberal run in Chicago, and
prices there were lower on that day and
again Friday. The local market held the
week's early advance until Friday, when
a decline of from. 5c to 10c was noted.
If there are no material changes today,
however, the week will close with values
showing a gain of a full 5 to 10c over
last Saturday. Light hogs are becoming
more and more popular with buyers, and
bid fair to be selling at a premium over
the heavier weights within a short time.
The bulk of the hogs here Friday sold
from $5.10 to $5.15, and prices ranged
from $5 to $5.25. Choice light, medium and
heavy hogs were quotable up to $5 35.
SHEEPThe week's sheep receipts were
about 8,100, against 3,834 last week, and
8,722 the like week last year. The de
mand has been good for fat sheep and
lambs, and prio es made a sharp advance
over last week's low closing. Choice 78
pound spring lambs sold here Friday a
$0.75, the highest pri ce reached since
Easter. Spring lambs of only a fair class
sold on that day from $6 to $6.25, and
showed an advance of fully $1 over last
week's windup. Mutton ewes are sell
ing 25o to 50c higher than a week ago.
Fair to good fat ewes are now quotable
from $3 75 to $4, while choioe grades of
a yearling class would sell up to $4.25.
Heavy ewes, weighing above 125 pounds,
are going from $3.25 to $3.75, according to
quality. Prospects favor more liberal re
ceipts and a lower market next week.
Stock and feeding eheep have been quiet
at last week's prices.
South St. Paul, Minn July 9.Estimated re
ceipts at the Union stockyards today. Cattle,
125 calves, 85 hogs, 1,550 sheep, 65 oars, 27.
The following table shows the receipts from
Jan. 1, 1904, to date, as compared with the same
period In 1903:
Year. Cattle. Calves. Hogs. Sheep. Cars.
1804.... 81,085 20,957 587,242 258,292 10,987
1008.... 86,446 28,234 415,341 191,048 9,736
Ino 121.901 67,244 1,251
Dec 5,411 7,277
The following table shows the receipts thus
far -In July, as compared with the same period
Year. Cattle. Calves. Hogs, Sheep, Cars.
1904.... 1,629 477 12,988 8,490 278
1908.... 1,654 582 11,672 5,996 268
Inc 1,816 10
Dec 25 105 2,506
Official receipts for the past week are as fol
Date Cattle. Calves, Hogs. Sheep. Cars.
July 1 145 104 1,806
July 2 90 24 2,948
July 4. No receipts.
July 5 174 37^ 2,109
July 6 655 202 2,068
July 7 866 68 1,738
July 8 199 42 2,815
Railroads entering the yards reported receipts
for the day by loads as follows:
Chicago Great Western, 2 Chicago, Milwaukee
& St. Paul, 9, Minneapolis & St. Louis, 2 Chi
cago, S Paul, Minneapolis & Omaha, 8 Great
Northern, 8 Wisconsin Central, 1 Northern Pa
cific, 2 total, 27.
Disposition of stock Friday, July 8*
Firm Cattle. Hogs
Swift & Co 114
W. B. McCormick.... 2
G. W. Bronson 8
Stimmer & Thomas.. 49
Country buyers 115
July 9, 1904.
Brothers. Billot, N. D. W. O. Balrd, New
Kockford P. Sharp, Summit J. Walter, Nor
wood William Plemming. Emerald, Wis. J. G.
Morrison, Belle Plalne McConnell & Anderson,
Le Sueur L. W. Dodge, Madelia Ager & Mc
Arthur, Hancock Maygaard and N. Halstead
J. M. Miller. Hunter, N D. D. A. Wold and
H. A. Whltford, Summit Young & Son., Wil
mot. S. D. W Grain, Abercrombe, N. D. O. F.
French, Odessa: Converse & L., Oliver Reller
Brothers, Pine Island J. Hickory, New Prague
Bauer & Montgomery, G. Johnson, Seaforth
B. C. Nelson, Walnut Grove Clark & Co
Marshall It Kemoton, Morgan Schmabl & B.,
MIDWAY H0ESE MARKET, Minnesota Trans
fer, St. Paul, Minn., July 9.Barrett & Zim
merman report a fair trade for the midsummer
season. While no out-of-town trade Is noted,
the local demand is satisfactory. Heavy horses
are selling better than any other class. Values:
Drafters, extra, |1S0@225 drafters, choice, $150
@180 drafters, common to good, $125@150,
farm mares, extra, $185g)160 farm mares,
choice, $120@135 farm mares, common to good,
WALL ST. FEARED
BRYAN AND HEARST
THEIR PASSING ACTS LIKE A
Even "Uncle" Russell Sage Feels Bet-
terEvidence of Democratic Sanity
Very ReassuringPlenty of- Money
in the Country and if the Crops
Turn Out Well the Bulls Will Rule
Date. AT. Wt. Av. Cost. Price
July 1 213
July 2 218
July 5 227
July 8 27
July 7 227
July 8 221
Prices steady. Receipts light.
U8 5.10 5.16
5.13 5 11
6.13 5 10
lty fair, about the same as on Friday. Prices
lange $5 to $5.27% bulk, $5 10 to $5 15 light
mixe and heavy hogs of common to fair quality,
are quotable from $4 95 to $515 and good to
choice light and mediuii weights show an ad
vance of 10c for the week, others generally
Hogs88, 191 lbs, $5.27% 20. 205 lbs, $5.25,
80, 199 lbs, $5 20 18, 203 lbs, $5.15 61. 208
lbs, $5 15, 17, 254 lbs, $5.10 57, 239 lbs, $5.05
81. 237 lbs, $5 22. 885 lbs, $5.
Underweights and Roughs3, 213 lbs. $4.80
4, 295 lbs, $4 70, 5, 90 lbs, $4 60 1, 130 lbs,
$4, 1 450 lbs. $3 50, 1, 330 lbs, $3
CATTLEReceipts light. Market unchanged
from Friday. Sales of butcher cattle Included
one load of fair grass cows at $3. Better grades
of beef and butcher cattle are fully 10c higher
than at last week's ilose. Other killing stuff
steady. Veals 25c higher for the week. Stock
ers and feedf-rs were In por demand all week,
with priceH averaging barely steady. Milch
cows and springers steady with a week ago.
Butcher Steers2, 980 lbs, $8 50.
Butcher Cows and Heifers1, 910 lbs, $3 40
1, 960 lbs, $8 85, 3, 913 lbs. $32.25. 3, 1,000
lbs, $8, 8, 767 lbs, $2.50 2, 860 lbs, $2.50
1, 860 lbs. $2.85.
Cutters and Canners5. 888 lbs, $2.25 1, 1,100
lbs, $210 1, 860 lbs, $2 4, 847 lbs, $1.75.
Butcher Bulls2, 1,325 lbs, $2.45 1, 1,200 lbs,
$2.25, 2, 1,155 lbs. $?.15.
Veal Calves2. 140 lbs, $5 11, 126 lbs, $4.75
1, 380 lbs, $2.50.
Stock and Feeding Steers4, 992 lbs, $3 8,
716 lbs, $2.50 1, 550 lbs, $2.
Milch Cows and Springers2 cows. $60 1
cow, $32, 1 cow, $24, 1 cow, 1 calf, $16.
SHEEPReceipts light: marketsteady at Fri
day's sharp advance. Mutton ewes selling a big
25c to 50c higher than lambs, $1 to $1.25 higher
than at last week's close. Stock- and feeding
sheep and lambs unchanged.
Sales. Killing Sheep and Lambs28 lambs,
66 lbs, $6.50 4 lambs, 50 lbs, $5 2 ewes,
105 lbs, $4 25 13 ewes, 114 lbs, $3 75 4 bucks,
107 lbs, $8.
Stockers and Feeders13 ewes, 93 lbs-, $150
Special to The Journal.
New York, July 9.The passing of
Bryan and Hearst a St Louis has acted
like a great sedative to Wall street.
Nothing like It has ever been witnessed
before. The calm prevailing is equal to
a whole year's product of soothing syrup.
Even Russell Sage, with the heavy load
of responsibility and $100,000,000 resting
upon him, feels lighter and happier. Over
a year ago Uncle Russell, with the keen
foresight which his 84 years had given
hi m, sounded the warning of coming
trouble, and trouble came. Now he sees
a large rift in the heavens, and says the
future will be brigh t, providing that cau
tion Is used and manipulation stopped.
Honest business Is what this country now
needs. The big crops in the fields please
Uncle Russell very much, and with fine
weather for the next few months, he say a,
the United States will have a new *ra
of prosperity opened before It.
Of course, with this view, every one in
the financial world agrees. Bryan and
Hearst were regarded as two gorgonian
monsters ready to pounce upon valu3S.
Now that they are harmlessat least,
so far as the immediate future is con
cerned, and a solid, safe and conservative
candidate has been placed before the peo
ple by the democratic party, confidence
has been restored as no other cir
cumstance or series of circumstances
could have restored it. I short, noth
ing is to be feared from either polit
ical party, and the success of either will
not be a menace to trade and commerce.
Hence the quiet and peaceful repose of
Some persons assert that Wall street
is committed to Parker as regards the
campaign funds, owing to the fact that
August Belmont has so conspicuously
promoted his candidacy, but of this noth
ing definite is known. The truth prob
ably Is that those who favor democratic
policies will contribute freely toward
Parker's success, while those who favor
republican men and measures will as free
ly contribute to the Roosevelt fund.
With regard to the large increase of
money circulation in the United States,
as shown by the United States treasury
report s, a republican authority says:
"This fact must sicken the souls of the
Bryan element of the democratic party,
as It has been their constant cry that
there is not enough money in the coun
try, but the figures$12,000,000 increase
last month and $133,000,000 since last July
will prove more than welcome to the
business men and financiers of the coun
try, especially as large amounts of gold
have been exported. The indications are
that there will be no disturbance in the
money market when the time comes to
move the crops."
The idea prevalent in some sections,
that exports from the United States are
decreasing, is refuted by_the latest gov
ernment reports. I the case of grain,
there has been a decrease because farm
ers are unable to meet the foreign de
mand, but the decrease is insignifican t.
A regards manufactures, there is a con
During the past week $160,000,000 in
dividends and interest was paid at this
center, and mpst of the money is seek
ing reinvestment. This accounts for the
excellent demand for high-class bonds of
I is believed in financial circles that
when the war ends In the far east some
serious questions will come up for set
tlement. I what manner they will af
fect the financial status no one can pre
dict, but in some quarters the feeling pre
vails that grave conditions may arise.
S. S. Schroff.
TRADE AT LOW EBB
MIDSUMMER DULLNESS I N MANY BUSINESS
New York, July 9.Bradstreet's of today
Trade and industry have been at a low ebb
this week, reflecting vacation influences, sum
mer shut-downs and generally quiet distributive
Chief,interest, of course, centers in the crop
situation, and the Irregular movements of secu
rities and of prices of staples are traceable to
uncertainty generated by reports of excessive
moisture in the winter wheat belt and too cool
weather for corn. Reports from cotton and
oats, however, are favorable.
Railway earnings confirm earlier report* of
good June results in a probable Increase of 8
per cent in gross earnings.
Wool continues the strongest of the textiles,
the shifting from the old to the new clip being
acoompanied by an advance of from i to 8c per
lb, inducing considerable buying by manufac
turers here and at the west. Primary Bales are
strong and two-thirds of the Montana clip is re
ported already sold.
The dry goods markets have ruled rather quiet
recently, reductions in cotton goods having tailed
to evoke expected interest. Spring woolens are
now being opened by manufacturers, but it is
still t6o early to tell just what the result will
be, the strike of clothing operatives rather cloud
ing the outlook.
Quiet has very generally ruled In all the lead
ing industries. Production of crude materials
is down to a minimum in Iron and steel, and
6 25 while there is more inquiry manufacturers are
5.35 loath to sell freely at present low prices.
5.80 Some labor troubles exist in branches of the
5 25 iron and steel industry in Pennsylvania, and the
coal miners' strike In Alabama renders manufac
turers firmer In their views as regards pig lrflJ
The steel rail mills of the country have about
half their possible output booked, but the outlook
for the balance of the year is uncertain.
The lumber trade is rather quiet as a whole.
Eastern shoe manufacturers report business
Business failures in the United States for the
week ending July 7 number 172 against 204
last week, 154 In the like week in 1903, 195
in 1902, 199 in 1901 and 221 in 1900.
In Canada failures for the week number 14,
as against 20 last week and 20 In this week ft
Wheat, including flour, exports for the week
ending July 7 aggregate 787,910 bu, against
1.127,885 last week and 2,880,410 this week last
year, 4,404,115 In 1902 and 5,018,149 In 1901
Corn exports for the week aggregate 618,124
bu against 586,087_ last week, JLj525,084 a year
ago, 185,031 in 1902. and 2,800,738 In 1901.
LONDON OLOSING'STOCKST July 9.Consols
for money, 88% cosols for account, 89 15-16
Anaconda, 8% Atchison, 77 Atchison preferred,
97%, Baltimore & Ohio, 84% Canadian Pacific,
128% Chesapeake & Ohio. 83% Chicago Great
Western, 14 Chicago,. Milwaukee & St. Paul,
149%, De Beers, 19 Denver & Rio Grande,
22% Denver & Rio Grande preferred, 72 Erie,
25% Erie first preferred, 62% Erie second pre
ferred, 37% Illinois Central, 137% Louisville,
115% Missouri, Kansas & Texas, 18 Ne York
Central, 121% Norfolk & Western, 60%, Nor
folk & Western preferred, 89 Ontario & Wes
tern, 28%, Pennsylvania, 60% Rand Mines,
10% Reading, 25%, Reading first preferred,
48 Reading second preferred, 87 Southern Rail
way, 28 Southern Railway preferred, 89 South
ern Pacific, 49% Union Pacific, 94% Union Pa
clflc preferred, 96% United States Steel, 11%
United States Steel preferred, 59% Wabash,
17 Wabash preferred, 38%.
Bar silver steady, 26 ll-6d per ounce.
Money, 2@2% per cent.
Th rate of discount In the open market for
hggte Ijttl* is 2 8-18 percent.
K-wvA a u ..^^.o TT, _ Tie rate of diiwotTht In the$en market for
Among the shippers on the market "were: Dotri month** billa is 2 8-16@2fc per, cenjtv
WILL BE LARGEi
REPORTS FROM THIRTY-TWO
Weather Conditions Have Been AI
most Perfect for Small Grains
Corn Is Behind, but the Right Kind! 4
of Weather Will Yet Make a Fine)
Special to*The Journal.
Sioux City, Iowa, July 9.Careful re
ports from thirty-two counties, represent
ing a territo ry bounded by Fort Dodge,
Iowa, on the eastOsmond Neb., on the
west, and Huron, S D., on the north,
forecast a unusually large yield of small
grain thfk year Further, there is re
ported the beginning of a corn crop which,
would make at least an average yield.
Weather conditions have been almost
perfect for small grain, the moisture re
sulting in luxuriant growth and long
heads, which, owing to the absence of
rust and insect pests, promise to be well
filled with grain of the first quality. Rusb
is reported only from a limited area in
northeastern Nebraska. There will be
little lodging, for the grain has stooled
well. Only a few days of hot weather
are required to round out one of the bestl
small grain crops this section has known*
The corn crop Is dependent upon thai
weather during this month. Except fft,
central South Dakota, the corn thruou*
the section represented in the reports i a
from one to three weeks behind. How
eve r, it Is of good stand and healthy, andf
hot weather this month will put the pros-*
pects above par
Reports on acreage Indicate that com
continues to grow in popularity. I all
three states an increase in corn acreage
Is reported, which will probably average)
10 per cent. Wheat has about the same?
acreage as last yearv Following are the*
estimates of yields of small grain made
after inquiry from well-posted farmer*
in each county:
County Wheat. Oats. Barley
A ankton 18
PICTURES BY TELEGRAPH
40 40 42 28 50
40 40 50 50 50
47 40 45 40 40 45 35
40 42 40 35 35
CHICAGO PRODUCE, July 9 Butter-*
Steady, creameries, 13%@17%c dairies, 12
15%c UggsFirm cases included, 14@15c.
Cheese^Firm, dairies 8@8%c, twins, 8cf
Young Americas, 8@8%c PoultryFirm live
turkeys 10@llc chickens, lie springs, 14@
17c PotatoesSteady, barrels, Virginia white,
$8@3 2d, ennessee red, $3@310, sacks, early
Ohio, St Louis, 95e8$l Kansas, 95c Kansafl
white, 90c(^$ VealSteady. 50 to 60-pound!
weights, 5%@6%c, 63 to 75-pound weights, 6^5
@7^c, 80 to 125-pound weights, 7@8c, 85 tcf
ENGLAND HAS BAR TRUSE
Central Organization to Control thd
Drinkingplaces. -'TJ I
South Africa. Tfi
The Central Public House aasociar*^
tion, which was founded in 19Or with
the object of converting:, wherever
possible, the public house from a
drinkingbar into a place of refresh
ment for the supply of wholesome
food and nonalcoholic liquors, a weli
as of beer and spirits, and to provide.
such a organization a will enabla
the licensing authorities to secure that
all new licenses shall be administered
as a trust in the interests of the pub
li e, and not by private individuals fo*
their personal gain, has turned its at*
tention to South Africa, and in Natal
and the Transvaal there are active
agencies for bringing "trust" prin*
ciples before the public.
The work is being pushed forwarcf
in Durban and other places, and th
very fact that Earl Grey is the presi*
dent of the association will commend
it to the support of all South Africans
who desire to see the liquor traffic
conducted upon the least offensive
lines. The latest report of the asso*
elation shows that in England steady
and satisfactory progress is being?
made, and experience has proved thafl
companies formed for the carrying}
out of the principles of the trust have
rapidly developed into paying con*
A illustration of the value of putn
lie-house property is shown in th
case of a public house a Cowden
beath, Fife, which is under the man
agement of a committee of miners*
Out of the surplus profits for 1903 A
sum of over 1,000 has been distrib*
uted to objects of public benefit i a
the neighborhood. I the case of two
other Fife trust public houses, sums)'
of 394 and 372 have been similarly,
spent during the year.
Bavarian Scientist Has Perfected th(
Many attempts have been made tar
invent some apparatus adapted to tha
transmission of photographs, hand*
writing, etc., over long distances by
means of the electric current. A
really successful device appears to]
have been perfected by Profesor Korn,
of Munich. The sending device is on i
the principle, which has been known
for some time, of the oscillations inif|
electric currents falling on a selen-[M
ium cell. If a photographic negative*
has a ray of light falling upon it from!
above, and a selenium cell resting be-|
low it, then when the negative is
moved we have changes in the elec
tric current due to the differences In
the amount of light passing thru the
negative. The difficulty has been to
find a receiver which would reconvert
the electric oscillations into changes in
light intensity. This is the problem
that Profegor Korn has solved. Hd
observed that the luminous radiations
from the electrodes in a tube exhaust
ed to a pressure of .2 to 2 mm. of mer
cury were very sensitive to variations
in the circuit. By an ingenious me
chanical contrivance he was able to
make these rays act upon a photo
graphically sensitive film, producing a
picture of the variations in the
electric circuit. When this ,tube Is
connected with the selenium cell of
the transmitter, in such a way that
slight variations in its current affect
the amount of electricity in the cir
cuit of the receiver, an accurate re
production of the light received ia
given by the light emitted. This ap
paratus has already given satisfactory
reproductions of handwriting ana
"They say a man who whistle*
continuously is always happy," re
marked the morallzer.
"He probably is, comparatively
speaking," rejoined the demoralizer.
when compared with thosei
who are, compelled to listen to.