Newspaper Page Text
lf SUNDAY MORNJN&, JULY 17, 1904, iJHB &AIF HiAK3S TRLBUNE;
Day With the Bankers, the Merchants and the Brokers")
ni4 JL- i
4 cific Stocks Sold
Si to Take Profits
,lBj Iculative Excitement Over the
at li :i Northern Securities Decision
orn! Hns Abated.
1 YORK, J,y lC.-Spcculatlvo ex
tent over the Northern Securities de
Sn had abated today and Union Pa
? and Southern Pacific were .subjected
iineai SeUlnp lo toko prom-. But new point.
l4 Strength developed in the market and
caSf lined In active and various speculation.
1 aUa J irregularity continued up to the close.
old ;fnn Pacinc ending the day at a net do
,uSh!; J" of i4, which was within of the
nU. rest Some of the other features of
:cS Blcrday's strength showed the effects of
' 15 Revised opinions Over the Northern Se
mfo? fltlca opinion were . that the existing
EnSons had been little, nltered. The
i mi Imnor ant feature of strength In the
Set was United States Steel preferred
K)rl11 itwo points rise having an Important
rin' Omental effect on the whole market,
thfi t "without explanation In any new dc
? lomncnw, The advance In St. Paul was
5 ilndex of the reaction from oxcesslvo
t& irm over the damage to the wheat crop.
a advance in that stock and Erics may
nbl; (0 be attributed to recognition by the
K K? ifosalonal element that they had not
theS V enjoyed, an advance commensurate
n3 th that which has occurred n other
ti ds of the list, and so offered an In-
Irs lag field for fresh operations. The sus-t-tneri
nlng effect was taken advantage of to
wlij rsiie prollt-taklng In other parts of the
ctanf t. The bank statement stimulated the
tHi? irket anew. All of the expected gain In
5li was reported, bringing the reserves
. J ft new record llcure.
na jans crossed tho previous record
speS iehed In May lost and rose to tho larg
nsac! tttotaJ ever touched in the history of
n? 6 clearing-house The placing Of the
, ilbdclphla municipal loan of ttC.UOO.CM)
S Is week figures In this item. The cash
1 jrcase left a margin of gain for the
1 rnlus of S,&t5,625 over the added reservo
j Id requirements Total sales of bonds,
I r. value, $2,170,000
J 1 The week's stock market has shown
1 Imatlon and variety, and while tho
'Iivemcnt of prices has been constantly
v JJ cgular, the market has shown a good
J sorptlvo power and has taken well a
f -ge amount of speculative protlt-tuklng,
1 ilch leaves It In a strong position tech
1 ally if kept free from unpropltlous con-
1 Jons which would Induce fresh liqulda
3. a. Tho action of tho market has had
.i notably encouraging effect on specula-
2 'c sentiment and has had an Important
I luenco in shaping a hopeful feeling over
M turo developments. The undertone of
onj rifiderice lias been so marked that a dls
ienol sltlon was manifest to ignore happen
m tB that would have sent a chill through
nck speculative community a few weeks
icia-wfcuch as the reports of damage to tho
Eva wheat cron, tho moat packers'
' crMWin(' ome minor occurrences. Tho
ns oB J of dealings reached a total again
. Mlfcess of those of the largest day's
wfBfefess last week, and the avcrago prlco
rouwl reached the hlffhost of tho year and
as ice the low level reached last year.
EaK t la accepted as ovldcnco of stablo con
Jons In the market when tho occasional
'5 Mvorles in prices do not stop short of
II v a level touched on tho preceding upward
i ovement, and when the occasional reac-
i ins do not extend to the depth touched
aij J 1 the preceding downward movement.
j lis has been tho record of the successive
leap svements since tho recovery set In from
:ehaj e low level of tho period of liquidation,
en! ilch was touched in tho fall of last year,
lr.nri Coo courso of tho market during tho
f tl t two weeks lias had tho effect of driv
now! P in a largo outstanding short Interest
pufj nek had maintained, its position tlirough
bcra number of advances on tho assumption
og.li Rt a prolonged period of depression and
twl', ntractlon was to bo faced The nctlvo
wis a organized campaign for tho rlso was
'onis aertnken with a knowledge of this out
blW wains' short Interest, and with a pur
coo t0 profit by its necessities at the
iberi Rl15r levo1 of prices. But the success
I jtho campaign Is nono the loss cvidonco
vthc sold-out condition which has been
ached and tho hopeful feeling, tempered
a 'iaomo remaining uncertainties, to which
jeculatlve sentiment had attained.
5 Ene expectation of the handing down of
3 northern Securities decision was an
4 iutneo which culminated when it was
f nounced. The seriousness of tho view
4 ten of the damage to tho winter wheat
ilt.. 'P ultimately commanded attention and
im pravated the PjfTfr'Jre to take profits in
J & graln-can- i. ilroads. Even the.
i4tas laid upon (b iroHpccts In other
jfcps served lo otoL tovsome extent, any
UfeUetles oyer th) -heat Vcrop.
K,Lreal JraPrtWO to ur financial rc-
AtJJ hnve for." coTOmands attcn
rcftn by reason of the 8wlwff 0f the for
no" m, trade for th Vcaf oC tho st
he lT crop of C3S,(fA000 buahe))ls lhe flscal
lBCi!es. exrorts havfcVeached i oniy 4.1000,000
? tb;.and l,.le Jun0 eXTyTts of wheat
1 1 "lDaJ1" as resujft of the condl-
! Kii,l,the w.hcn,t trade, Ahe value of do
t "Ports for the iscM yonr de-
f a55i5.ore than 7' frm those of
l Si,i,l. valuo of cotton exports re
T rm e?, the year's show'ng
lifiiirri.thePte oC"nc of our con-
'A i r n xnnr i 7i . i ,ulciulcd tho volume of
;t SnWs ln V- "ew f,,clor n the
V'Jiili8 IP,cy 'affairs would b indi-
I SJd lnrUihi,S C0'u,ltlSn rou"u to be CO, -
I Sh n .th, C0In'Si fiscal year.
moaHsnn '"".own offered materials for
S?cunn rC ,?Mli,lnf conditions In the
n of rSnnnni1 9ornro'r' complla
hA vi iL naUo.nal bank repirts ns of June J.
"f i a ,th0 semi-annual reports of New York
Shtnn,ir.CScrA'cs nrc ,wo11 maintained,
015 ooun7 iPJin exccs? ;s9rweH over the
1 ?ihi.e?ally reciulrod slandlns on Juno
-j h&-al S10lt912.9!5. as "compa,'td
rr mm?,10?4" '3 lasl your by the rc
we rlCs,h8it00d ;it,0,V-i; ?w'235.7. they
JL arE hniiinl3,ylar t0, ?52.377,SS2, and last
nVh Ohtownsft by the country banks.
S&UsiSS hhvo 0,,ly :
m ohZ wo, d3' 11 mxuib ln,'Scr proppr
c rK country excess reserve la In
rve iSiA3 lt AJJ'irca us rc
'lleatloni ,b?.lh thc Jep-iahliiff bank's
mi ma2? .t,1,oso lh "oldins hank,
"CWCM rnr .Y1 an crease of cash of
thMnProihe, yCiirVbut tne Proportion
'PoMt with Il.cas,n wn'c" kept on
' ' Ccorn'. rki bankH 13 Indicated
;that rtMntPa.n,re,..whos, reports specl
'"o doSl,nA ufua"f Yer 0 Per cent,
em3 of tLal4 "rlng in tho -ash
Wvy lnfv) York .banks. This
'WjWtloM o?!hin lh0. ulti,nil, reser-o
:. and eaMnn0"."1' 011 tho reserve
' 8 to c"nlCln ly ,n New York bankn,
n Worked th il?e cnervatl5m which
1 apparent fS ?lan ma,r,ot. in pitc- of
ark. P'cthora of money in Now
1 taeraiiy tirm u?Fu1l'ir at times, but were
.the new rm,n,t,,dwStQl08 33 declined
rltts- the week pon Vt ,)Cr ccnt 011 03,1
! WISING STOCK LIST. '
tchison S;Uc3. High. Low. Close.
Preferred '' " s- 75-i 70 Vi
Wreforred 2,800 8-l'A 832 si
l"tral of ; j 3.000 i25?i 125 125?i
'5B& Ohio.. 103
WnSir-'' m i4 Ik
' " ... utf
I 4- SILVER.
New Yorlc 6?o 4-
4- San Francisco 6Sc -f
London 26 11-lCd
-f- New York exchange. 51.25'xj I.W -f-
4- New York cxhange $12.2712.50 4
C C C & St L ICO 75VG 75iA 7r,ii
Colo Southern 100 5 15 HU:
1st preferred 100 50; GOri -lO'i
2nd preferred-.... 20Vi
i Del & Hudson 1.400 loSVi l&SVi lSS?i
Dol L & West -ISVa
Donvor & Rio G 22.
Erie 1S.30) 26's 26V
1st preferred 3.300 03 WVc C27
2nd proferrel .... 1,00 CO SS'A 3ST
Hocking Valley (57
Illinois Central .... 500 1S5 135 13
Iowa Contra! 100 1S IS
K C Southern ll) 22U 22'i 22
preferred 10) 43M: -t3'fr -1314
Louis & Nash 0,700 licy 110i 116;
Manhattan L 2-W 151 151 150ft
Met Securities 700 SS S7s,l S7V1
Met Street Ry 2.10J HCVi litis; 1K
lnn & St L 10) 41Vj 42
M St P & S Ste M. 10) C9Vi WVs 8Vj
Misouri Pac 4.000 !3i. 321 Ml
Mo K & Texas SuO lS?i lSi 38i
preferred 300 40ft 40 40'.!
N R of Mex pfd 37A
N Y Central ....... COO 119 HS-i, 118?i
Norfolk & AVost.... 1.PO0 02 fiL C2
Ontario & West.... -3.7CO CO-J
Pennsylvania 17.00) IIO llSi JlOii
P C C & St L Gli
Reading 10,200 52V& nii 5214
1st preferred .c3'-i
2nd preferred 71
Rock Island Co.... 13,40) 22A 22?i 22
preferred iOO 0G W CO
St L & S F 2d pfd.. 2.70) 45 4S. 4fia;
St L Southwest.... 100 13u 131 13
profcrred 700 32 32A S2
Southern Pac 7.000 Sift C.l 51
Southern Ry 5,700 tft 24 24ft
preferred .20) Kft 8U 8?
Texas & Pac 'JO) 23Vi 25ft 26ft
T St L & West 200 & 25?.i 20
preferred X) 3 37 35
Union Pac 40.100 !)G; S55i SS&i
preferred 10) Stft 94ft 34
Wabash 10) 17W 17lk 17
preferred 700 3G?i K 20ft
Wheel & L Erie.... 100 15 15 IF,.
Wis Central 100 IS IS 17i
preferred 300 40i 4Vi 40
Mex Central IO76
Adams ; 225
United States ICS
Amalg Copper 10,200 53 52',& 53
Amer Car & F 200 JS IS IS
Amer Cot Oil 10) 27 27 27
American Ice G
preferred 105 27 27 27
Amer Linseed Oil S
Amor Loco 3.CO0 22 22 22 4
preferred COO SS SiA S7i
Amer Sm & Rcf.,. 5,100 57 55ft. 6CTi
preferred SOO lS 9Si 03
Amer Sugar Ref... 300 120i 128ft 120
Anaconda M Co 73V
Brooklyn R T 3,000 50 50ft 50ft
Colo F & Iron 40) 32ft 32 32i
Cons Ga3 194
Corn Products 114
f (referred G9l
stlllors' Sccurlfs 100 22 22 21
General Electric .. 700 1C1 162 101
Intern! Paper 10) 13 3 13
preferred 10) CO 03 C9
Intcm'l Pump 31a
National Lead .... 1,100 23 22ft 23
North American .. 1,30) SSVi SSft SSyi
Pac Mall 10) 2 2Sft 23
People's Gas 1,100 101 ICOft 100
Pressed Steel Car.. 10) 32ft 32ft 32
Pullman Pal Car 221
Republic Steel 700 7 IV- 7
preferred 1.S00 41ft 42ft 42ft
Rubber Goods ....1 30) IS 17 17
Tenn C & Iron 1,30) 3?; 39ft 39ft
U S Leather COO 7 7i 7V-
prcforrcd COO Sift S3 SI "
U 8 Realty 2(0 7Ve 7 7ft
preferred 100 CW 61 C0
U S Rubber 500 17 17 17
profcrred COO 72 71 72
U 8 Steel 2S.200 12 11 12ft
preferred 5S.100 02 00 02
Wcstlnghouse Elec 0Oj 104 164 104
Western Union ... 100 SS SS 87
Total sales for tho day, 318,300 shares.
NEW YORK BOND LIST.
U S rcf 2s rcg..lOI Manhattan 4s ..105V,
coupon 101 Mex Cen 4s 03
U S 3s res 104 1st inc 15ft
coupon 105; M & S L 4s soft
U S new 4s rcg.l31ft M K & T 4s .... &0
coupon 132 2nds so
U S old 4s reg..l0Cft Nat Mex con 4s. 77'
coupon 105 N Y C gen 3s. 093;
Atchison g 4s. .lK N J C gen 5s. ...132
adjt 4s 91 Nor Pac 4s 104
Atl Coast 4s.... 9S N P 3s 74
B & O is 100 N & W con 4s.. 101
O of G 5s 110 OSL8 Mft
1st lnc 79 Pcnn conv 3Vks.. t3
C R: O 4 100 Reading pen 4s. 99
C & A 3u . ... 78 S L & I M c 5s. .113
f Tl Jr. f io 07Li Q T. A". Q T7 .w Jn -17
CM&SPg 4s. 107 S L & S Wlsts. 96ft
C Sz N W c 7s.. 129 Seaboard A L 4s GS
C R I &. P 4s.... 71ft So Pac 4r 94
col 5s 81 So Rail 5s 115
G C C & 8 L 4s.l01 T & P Ists , ...119
Chi Term 4s .... 73 T S L & W 4s.. 73
Con Tob 4s 04 U P 4s 10
Col & So 4s 84 conv 4a 102
D & R G Is .... 95 U S Steel 2d 5s. 79-
Erio pr lien 4s.. AVnbaBh Ists ...118
gen 4s SO deb B CO
F W & D C lst.103 W & L E 4a .... 91ft.
ITock Val 4s .107 AVIs Con 4s 90
L & N unified 4tfl00ft C F & I con 6s.. 70
Silver and Irafts.
NEW YORK. July 16, Bar silver. 5Sc;
Mexican dollars. 45c.
SAN FRANCISCO, July 16. Silver bars,
5Sc; Mexican dollars. 47c; drafts, eight, 5c;
drafts, tclcETnph, 7o.
Money and Exchange.
NEAV YORK, July 16. Close: Money on
call, nominal; no loans.
Time loans, steady; sixty days, 2 per
cent; ninety days, 2 per cent; six months,
3 per cent.
Prlmo morcantilo paper, 3W4 per cent
Sterling exchango heavy, with actual
business In bankers' bUIs at $4.87.05 for de
mnnd and at Jl.S4.73 for sixty-dav bills.
Posted rates.- M.S5MtfM.SC and $i,S.
Commercial bills. $4.S4ft4.Sl.
CHICAGO, July 10. Cattle Receipts,
1C00, Including 750 Texans; market Btcady,
Good to prime steers, nominal, tS.50S6.40;
poor to medium, 54.502G.25; stockera and?
feeders, $2,5054.00; cow, J1.E034.DO: heifers,
J2.0OS5.00; canners, Jl.&OSC.M: bullB, 52.002)
4.25; calves, 53.50tj'5.50; Texas fed steers.
Hogs Receipts, COJ0; market strong;
hops lOo hlghej. M,lxed nnd butchers,
$5.25tfio.C0; good to choice heavy, $5.40Ji5.G5:
rough heavy, JSJOJiG.35; light, 3.255.00;
bulk of buIch. $5.35g5.55.
Sheei Receipts, 300); sheep steady.
Gbod to oholco wcthore, J4.25if5.00; fair to
eholco mixed, 53.504.25, native lambs, $4.00
KANSAS CITY, Mo , July 16. Cattle
Receipts, 200); market unchanged; native
steers. $-l.00f6.25, native cows and heifers,
J2.0)tjC.OO; stoclccrs. $2.7554.60; bulls,
4.0); calcs, f2.COfiS.00; Western ateers, J4.00
60.00; Western coj-b, 52.0053,75.
Hogs Receipts, C000; steady to 10c lowor;
bulk of sales. $G.30fi5.55: heavy. ?5.5O30.55;
pigs and llghtir, S-l.Cogc.).
Sheci Receipts, J000; nominally steady,
muttons. $3.25W4.75; lambs, $4.0Off6.00; range
wethorsj 3.75S4.7Ci .ewes, J3.264..og.
ALL SOLD OUT
Scarcity Causes Dealers to Fall Back
on Frozen Stock Green Com
Cobs Are In.
So marked did the scarcity of poultry,
which was commented on the other day,
become, that most people had to fall back
upon frozen stock yesterday. There was
very little stock on hand In thc morning,
and tho small amount brought In by the
farmers was quickly snapped up. These
were soon put on thc market and sold out,
with tho result that restaurants and con
sumers who wanted hens and chickens
badly had to use frozen poultry. This
state of affairs has been comlnjr on for
Home time. No shipments have been com
ing1 In, and the heme-grown chickens aro
scarce, as the supply has undergone a
During the latter part of the wook the
reductions In produce prices have not
been reported so frequently. For tho ten
days previous hardly a day had passed
without something becomlni? cheaper,
byt for about three days now prlcos huvo
been at a standstill. For all this thcro Is
no rpom for complaint, as vegetables and
fruit arc becoming: reasonably cheap.
Green corn Is now In. Tho wholosalo price
I Is 40 cents 11 dozen, retail 5 cents apiece.
There were a few cuts on wholesale fig-
j ures yesterday. Peas wont down to CO
cents a bushel, and new potatoes lo 70
cents. Raspberries, belntc scarce, aro up
to 51.10 a case. Eggs, which have been on
tho up-grado for iu)ino time, aro now $0 a
I case. Some butter sells In wholosalo quan
tities nt IS cents a pound, but the best
kind is at 20 cents a pound,
A very satisfactory week was reported
by retail merchants. For one or two
days tho hot weather retarded business
somewhat, but on the whole, neither deal
er nor consumer had anything to com
Hay, Grain and Straw.
Oat straw, per bale .30fr ,23
Alfalfa lO.OOi 10.50
Timothy, per ton, baled. 14.5Opl5.50
Wheat, per bushel l.OOlj' 1,10
Corn, per cwt 1.4OH1.50
Corn, cracked , 1.45$ 1.55
Rolled oats l.SOfr 1.S5
Barley, rolled 1.401.45
Flour, bakers' No. 1 2.20
Flour, atralght grade 2.40
Flour, high patent 2.00
Graham flour 2.50iJ' 2.70
Cornmcal l.SOft 1.90
Bran : 1.001.10
Bran and shorts 1.10) 1.15
Dressed beef, per pound $ .0tP .07
Dressed veal, per pound.. .OS
Dressed pork, per pound .07
Dressed lambs, per pound .10
Dressed mutton, per pouud.... .06
Spring lambs, wholesale 2.75
Spring lambs, quarter, retail.. 1.0O31.50
Dressed hcnB, per pound I .10
Ducks, por pound .15g' .16
Llvo poultry, per pound .12
Frozen broilers .22
I Llvo broilers, por pound .20
Utah apricots $ .15
L'tah raspberries, single caBc. 1.10
Cantaloupes, caso 3.75
Grapes, per caso 2.0)
Apples, case 2.00
Utah apples, bushel 1.50
Utah currants, man .75
AVatcrmolons, dozen 3.000) 4. CO
Santa Paula lemons, per box. 4,50
Peaches, box 1.00
Utah blackberries, case . 1.50
Utah cherries, pound Oajp .10
Bananas, per bunch 2.50
Seedling oranges, por case.... 3.25
Havana seeds 2.50jj3.00
Figs and dates 5c, Sc. 10c
Limes, per ICO 1,50
Gooseberries, per pound .05
Pears 2.25 3.00
Dewberries, case 1.75
Tragedy prunes 1.75
Beet sugar, per 100 J 6.20
Cane sugar 6.30
P.est marrowfat peas, bushel. J .60
Green corn on cob, doz .10
Now peppers, per pound .20
Utah summer squash, dozen.. ,40
Utah tomatoes, pound .15
Utah cucumbers, dozen .20
Yellow onions, cwt 3. 00
Arenctablc marrow, dozen .0)
Utah cauliflower, pound ,.oc
AVax beans, per bu - ,co
Utah cabbago, per cwt 1.50
New potatoes, bushel ,70
Bunch turnips, per dozen .15
Green onions, por dozen .12
Utah lettuco .10
Radishes. Utah .10
California tomatoes, box...k.. 1.75
California cucumbers, box.... 1.25
Butter, per pound J j
Cheese, per pound .12
Eggs, per caso 6. CO "
Fancy cheese, per pound .10
Comb honey, per crate 2.7s
Strained honoy, por pound.... .07
Sweltzer cUeoso, per pound... .33 1-3
Limburger cheese, per lb .17
Cream brick cheese per lb.,.. .17
Edam cheese, per dozen 12.00
Utah lake boflB j " .30
Mountain trout ...1 .30
Utah catfish .12
Striped bass, per pound .15
Shad, per pound .10
Mackinaw trout ,ig
Soles, par pound 09
Flounders, per pound
California smoltB, per pound.. .12
Codfish, por pound 13
CatflBh, per pound l3
Perch, per pound 10
Crabs 2. CO
Prime rib .17
Mutton chops '.10 ,16
Spring ,lamb, por quarter i.00f7 1.50
Veal U'tp .20
Dressed hens 5 .is
Turkoys , .25
Roast springs ,23
Springs , 355? .00
Utah upricots ,20
Raspberries, 3 cups for ,25
Utah apples, pound .rr3
GrapeB, ptir pound
.Utah jQlockbcrrlos, .2 cups.,, 5
Strawberries, 3 cups for .25
Dewberries, 2 cups for... ...... .25
Currants .05 .10
Figs 15S .2o
AVatermelons, each 35 .50
Lemons, per dozon .25
Oranges, per dozen ... .30p .50
Peaches, por pound .12
Cherries 10ff .1"
Bananas, por dozen .30
Pears, pound ' .15
Grapo fruit .05
Plums 10 .15
Gooseberries, por quart ....... .10
Cnntaloupcs .10 .1
Peas, per peck -25
Green corn, coba
Aregetablo marrow 19.
Now peppers, pound
Utah summer squash ."2
Utah cucumbors, each "
Now potatoes, per pound '.
AA'ax beans .0
Cubbngc, per pound '. ,
Turnips, bunch .'.
Green onions "... .02'-
Eeots '" -02
Utah tomatoes, pound -20
Tomatoes, per pound
Butter, per pound J .25
Cheese ! ..." .12
Eggs, per dozon - -2"
Fancy cheese, per pound...... --i
Comb honey, per comb !
Strained honoy, per pound.... m .la
Swiss cheeso. per pound 0
Cream brick cheese 2
Edam cheese, each 1.25
Black bass 5 k"
Salmon , .I'Vd
Mountain trout ..-10
Brook trout; each -12
Utah cattish, per pound ....... -13
Striped bass -20
Mackinaw trout .' 25
Crabs, each 23JP .30
Grain and Provisions.
CHICAGO. July 16. Scorching weather
In tho Northwest today gavu enthusiasm
to the bull campaign In wheat. As a re
sult, Septombor wheat closed 1Sj'11c high
er than yesterday's final quotations.
Corn Is up ftSc. Oats show an advance
of c. Provisions are unchanged to 7c
Lower cables and greatly I mprnved
weather conditions generally throughout
tho country brought out selling orders In
the wheat pit at thc opening. Fo- the
first few moments of trading sentiment
had an easier tone. Initial quotations on
September were off a shado to ?Jftc, at
86g,S6c. Before selling orders had been
disposed of September ensed off to S0iS'
80c. Tho Northwest, however, sent in
buving orders on the small opening de
cline. Tho Northwest orders caused an
active demand from pit holders. Shorts
covered fully, as thero was very little dis
position to carry line's over Sunday In
view of tho uncertainty of the weather.
In tho Northwest tho weather was ex
tremely hot, nnd there" was considerable
apprehension among wheat traders hre.
as a combination of wet grounds and J.ijrh
temperatures was thought llabk- lo Injure
thc growing crop. The situation In the
spring wheat territory wag tho main bull
factor of thc day. Throughout the great
er part of tho session sentiment in the
pit was decidedly bullish, and at thc close
all deliveries showed a gain of about a
cent over last night's final figures. Sep
tember closed at the top at 87e. July
ranged bctweon 91c and Kftc, closing at
Clearances of wheat and flour were
equal to 7532 bushels. Primary rocolpts
were 278.7CO bushels, compared with 411,
$00 bushels a year ago. Minneapolis, Du
luth and Chicago reported receipts of 223
cars, against 11S cars last week and 221
cars a year ago.
In spite of flno weather all over the corn
belt, tho market for that cereal was firm.
The market closed practically at tho high
point of tho day. September opened a
shade to ftc lower, at 4S4Sc lo 49c.
sold up to 49ff49c to 49c. and closed at
49o. Local recolptH wcro 2SS cars.
More strength wn3 manifested In ats
than has been oxperloncbd for sevoral
weeks. The market closed near tho top.
After opening a shade to c lowor, at
32-32c to 32c. September advanced to
33c and closed at 32c. Local receipts
wero S3 cars.
Trading In provisionn was practically at
a standstill nnd tho market hold steady
the entire dav. At tho close September
pork was up"7c. at J12.S7; September
lard and ribs were each unchanged at
$6.92 and $7.57, respectively.
Estimated receipts . for Monday:
AVheat, 1 car; com. 225 cars; oats, 100 cars;
hogs, 12,000 head.
RANGE OF THE LEADING FUTURES.
Articles. Open. High. Low. Close
AVheat No. 2
July (old) 05 97 95ft 96
July (new) 95 I'Oft :-l 96ft
Sept (old) S7 SO '37 !tf
Sept (now) SC S7 S'l 87
Corn No. 2
July -W 49 49 49
September 49 49 -4S 49
December 11 -loft 44 45
Oata No. 2
July SOft -10 89ft 39
September 32 :tl 32ft ?2
December !s3 33 S2',6 33
September 12.82 12.W 12.S2 12.87
October 12.87 12.87 12.S5 12.87
September 6.92 6.92 6.03 6.92
October G.97 7.00 0 97 7.0)
July .. 7.10
September 7.57 7.00 7.57 7.57
Octobor ; 7.C5 7.05 7.02 7 02
Cash quotations wcro ns follows: Flour,
quiet and steady; winter patents, $l.65!&'
4.C5: straights. 54.3004,40; soring patents,
J4.301j4.70; straights, J3JOGt20; bakers',
52.5Ga3.20. No. 2 spring wheat. I'BcSJl.OO;
No. 3. SSfl94c; No. 2 red, $4.01'5'L0"J. No. 2
corn, 49c; No. 2 yellow, ule. No. 2 oats,
40c; No. 2 white. 44c; No. 3 while, 40tf
41c; No. 2 rye, 70c Good feeding barley,
35(Q)3Sc; fair to eholco malting. 125j50c. No.
1 flaxseed. 51.15; No. 1 Northwestern,
$1.20. Prime timothy send, 52.95. Mess
pork, per barrel, $12 75ff.M2.S0; lard, per 100
pounds, 56.80; short ribs Bides loose). 57,25
(J7.40; short clear sides (boxed), 57.25-S7.50.
AVhisky, baala or high wine.?, 51.2& Clover,
contract grade, $10.76$11 .00
RECEIPTS AND SHIPMENTS.
Articles Rccpts. S hints.
Flour, barrels 14.300 17,200
AVheat. bushels 12.000 41,30)
Corn, bushels 253.20) :WJ.IX
Oats, bushels 211.6CO 171,500
Barley, bushels 20,510 1 COO
On tho produce exchange today the but
ter market was steady; creameries, 13(17e;
dairy. 1215c. Eggs steady, nt mark, caeca
Included, 11tTl!jc. Cheese easy, S-ff3e.
SAN FRANCISCO. July 16. AVheat
Firmer; December, 51.32.
Barley Steady; December, 90c.
Butter, Eggs and Cheese.
NEW YORK, July 16. Butter Firm,
Cheese Easy State full cream, largo
whlto fancy, 7S7c; large colored fancy,
Eggs Firm; AVestern extra soloctcd.
6c; vWest.crn, .extra. HrRts 19myic, -
Weekly Bank Statoinent.
NEW YORK, July 16, Tho statement of
averages In the clearlng-houso banks of
thia city for tho wock shows;
Loans-51.OS7.518.700. increase, J.0.233.:i00
Deposits 51,179,169.400, lucrciso 521,019.1f0.
Circulation $39,116,201, decren?., 512,200. '
Circulation 539.110.20), decrease 512,2'0.
Legal tenders $S1,031.S00, Increase, 51iC09,
40). Specie $255,298,900. Increase 512.205.CO).
Reserve, 5339,555,700, Increase 513.SOO.40).
Reservo required 529 1,792,'0, increase
Surplus $14,503,350, increase 5S,545,025.
United States deposits $50,394,125, In
Thc Financier this week cays. "The
striking feature of tho New York Associ
ated banks' statement was tho compara
tively close correspondence between thc
average gain increase in cash and that
which was estimated from the traceablu
movements of money during the week,
tho officially reported Increase being 513,
800,100. while that which was estimated
was 512,077,000. There Is. however, a con
siderable discrepancy shown by the offi
cial estimated figures of the previous fort
night, the latter Indicating a gain of 517,
500,000, while the official statements show
"Taking thc Inst three weeks together,
thc total of tho estimated increase Is $29,
500,000, while that of tho actual gain Is
$15,000,000; bank averages for the three
weeks' period therefore are still $14,50) be
low tho presumably actual movement ns
shown by the traceable changes. Tho de
posits were Increased $21,019,100 last week,
or 52,005,200 less than the sum of thc gain
in cash nnd the Increase in loans: hence
tho statement does not balance. Tho re
quired reserve against general deposits
was $5,254,025, deducting which from tho
gain in cash leaves $8,545,025 as the In
crease in surplus reservo to $44,503,350.
Computed on the basis of deposits, less
those of 523.323,10) public funds, the sur
plus la $50,391,130. The loans expanded
59.223.30), probably due largely to bond
negotiations and also to borrowings by
"It is noteworthy that the totals are Hip
highest ever reported, and that cash and
deposits show now high records, the sur
plus reservo Is $10,325,000 greater than that
previous reported this year will be $34,
203.700 on April 2fl, and it Is also In excess
of that recorded In recent years. Tho
increase in mis nein sincu iny n, wimn
it was $12,927,250 (the minimum), has been
"Thc daily aVerago of bank clearings
last week was $211,000,000, or $1.000. COO less
than In the previous week, but tho clear
ings reported on Saturday, reflecting the
business on Friday, were 5224.S9G.14I. or
much above tho average. Comparing
changes In loans by Individual hanks, four
Institutions show a net gain of 5S.2CO.000;
cash gains by five banks wore 512,000,000
New York Metals.
NEW YORK, July 16 Steadiness was
the rule In the metals. Spot tin was In
light supply and there was a firm tone to
Buelness in copper was chiefly for Imme
Tin was qulol and steady. Iron quiet
and nominally unchanged.
Quotations Lako copper, 512.62t? 12.87;
electrolytic, 512,62Crl2,75; casting, 512.37
London Wool Sales.
LONDON, July 16. The fourth aerie.s of
thc 1904 wool auction sales closed today.
During the series tho attendance as
large. Competition was keon throughout.
Under tho Inlluonce of largo Japanese
Government orders and light supplies
coarso descriptions advunceu considera
bly. Compared with tho May sales thc
gains wore: Merinos, 5 per cont; medium
greasy crossbrcds, 7t710 por cent; coarso
crossbreds, lOff'15 per cent: fine scoureds,
5 per cent; coarse scouretls, 10 per cent.
Greasy merinos of really good quality
wero In demand for home, continental
and American spinners. Greasy cross
breds wero In good supply and sold well
throughout. Tho total withdrawals wero
C3C0 bales. About IS.OOO bales wcro taken
for export. Including 7000 for America.
The offerings today amounted to 5919
bales. Prices were firm.
Imports and Exports.
NEAV YORK, July 16. Total impoils lor
dry goods and general merchandise at thc
port of Now York for tho wock ending
todav wero valued at $9,097,917. Exnorts
of specie from New Aork for the week
wore $7000 gold and 5S72.020 .silver. Imports
of specie at New York during thc week
were $2107 silver and $10,216 gold.
Dry Goods Market.
NEW YORK. July 1C Thc dry goods
market, as tho week ends. Is In a firmer
position. Manufacturers are not inclined
to sell their products at tho prevalent
basis. Tho action of tho Southern manu
facturers In establishing higher prices for
certain lines Is considered ono of tho most
bullish factors in thc market known for
New York Sugar Market.
NEW YORK, July 16 Sugar Raw,
quiet; fair refining, 3c: centrifugal. 96
test. 315-lOc; molasses sugar. 3ftc; refined
quiet; No. C. 54. C5; No. 7. $4.60; No. 8. $1.50;
No. U. 51.50; No. 10. 51.55; No. 11. 4.10; No.
12, 54.35; No. 13, 51.60; confectioners' A,
54.90; mould A, $5.40; cut loaf. $5.75;
crushed, $5.75; powdered, $5.15; granulated,
55.30; cubes, $5.30.
St. Louis Wool Market.
ST. LOUIS, July 16. AVool Steady. Me
dium grados, combing and clothing, 241)
21c; light line, l&glSc; heavy fine, 12&
13c; tub washed, 33c.
GERMAN STEAMER HELD UP.
Russian Volunteer Fleet Steamer Vio
lates Treaty of Borlin.
ADEN, July 1C Tho North German
Lloyd steamer Prlnz Helnrlch, which has
arrived hero from Hamburg, Juno 23. and
Southampton, Juno 28, for Yokohama, re
portH that ho was stopped yesterday af
ternoon by the Russian volunteer fleet
stcamor Smolonsk and compollcd to give
up thlrty-ono sacks of letters and twenty
four sacks nnd boxes of parcels, all bound
It Is roporled from the Peninsular and
Oriental company steamer Mnlacla, frT?m
Antwerp for Japan, bus been seized In the
Red sea by tho Russian volunteer licet
steamer SU Petersburg.
Tong War in. San Francisco.
SAN FRANCISCO. July 16. Another
Tong war has broken out in the Chi
nese quarter, following a light which
occurred lata lat night in a, gambling
club. During tho fight the members of
the Hop Sing nnd Suey Sing Tongs
clashed, and thc result was the severe
beating of a Suey Sing man by a Hop
Sing hatchet man.
1 COMMISSION CO. S
I Continuous quotations on New I
York Stocka and Chlocjco Grain. I
jgj We buy and sell stocks said grain ffi
on margin or for oaoh. Our prlvato P
rooms enable our customers to I
M come In and trknsaot business with 1
the utmost secrecy. U
m Write or call for our Book of In- 1
H formation ("SyDtcm of Specula- I
tion"), free upon application. ?
Ttooma 209-210-211-212 D. F. AValkor i
H Members Salt Lak Btoc'rf and '
H Mining Exchange 'Phono CM.
Five Young . Robbers Attempt to
Rob Express Train.
HOUSTON, Tex., July 16. Train No.
5, on the International &, Great North
ern, was held up last night at Keechl, a
small station about thirty miles west of.
Palestine. There Avcre live bandits in
the party, all young mon and apparent
ly very much amateurs. They dyna
mited the express car without-detaching
lt from the train, and blew in the end of
the second-class coach, but without In
juring any of the passengers. One of
the robbers was apparently badly hurt,
as the explosion appeared to be prema
ture and he was observed to be covered
The robbers secured nothing, not mo
lesting either the express or the mall,
and getting away as fast as possible af
ter their comrade was hurt. Fireman
Hiram Muse Jumped from the locomo
tlvo as the train slowed down, ties hav
ing been piled across the track, and
hurt his shoulder, but none seriously.
None of the passengers was molested.
The Adjutant-General hap been noti
fied, and a special train with Sheriff
Henry AVatls, (his dogs and a posse loft
Palestine early this morning for the
scene of the hold-up.
A squad of rangers Is stationed near
the scone of tho hold-up, and it la prob
able that they will be put on tho case
at once. It Is anticipated that arrests
will be made shortly; as the bandits are
said to be country lads raised In the 1
One arrest has been made In connec
tion with the train robbery. This sus
pect, whoso name Is not known, de
clares his Innocence.
Fireman Roy Milton, who was hurt
In jumping from his engine, is not ser
iously Injured. Tho country in which
the hold-up occurred is filled with tim
ber and thick underbrush.
EITHER STEAL OR STARVE.
Ex-Convict Appeals to Court for Re
fuge in Pen.
NEW YORK, July 1C With a. rec
ord of nine convictions and as many
terms In prison, George W. Johnson
has appealed to Police "Magistrate Onj-mc-n
for refuge in the penitentiary, be
cause he is unable to earn an honest
living and must either steal or starve.
The magistrate granted Johnuon s plea,
with tho proviso that lie would send
him to the penitentiary in order to
keep him from temptation, and In the
meantime would try to find home work
for tho ex-convict where he would not
be reminded of tho past.
Johnson is 53 years old and well ed
ucated. In a long address to the court
he attributed his downfall to gambling.
After running through a. fortune left
by his father, he stole to secure the
necessaries of life and was sent to
prison for five years. Thero he learned
the trade of a shoemaker, but soon
found he was a marked man among
fellow craftsmen and could not retain
a position. He avos drivon again to
steal and Avent through the same ex
perience nine times,
Johnson declared his evpericn
which he told in detail, to bo a com
mon one among ox-convlcts, and said
that, despite his repeated failures, he
was determined to live an honest life
In thc future.
Canadian Government May Be Called
on to Explain.
WASHINGTON, July 1C It Is prob
able that the attention of tho British
Government will be directed to a move
ment, conducted officially by thc Cana
dian Government, to induce Immigra
tion from the United States to the
There can be no objection to such ef
forts on the part of the private Immi
gration agencies, but when, as In this
case, tho Government itself seeks to
attract citizens of other countries, the
matter Is one which calls for official
It appears that the Dominion De
partment of the Interior, through one
of Its Assistant Secretaries, has been
sending broadcast throughout the
Northwest stations circular letters,
principally addressed to clergymen,
professional men and persons of influ
ence, describing in glowing terms tho
splendid resources of tho Canadian
Northwest, and Inviting Immigrants
by the offer of 1C0 acres of land for
each, free schools and sound laws. At
tention is especially Invited to the ex
cellent church facilities.
THUS CLARK I
IS INTERESTED ' I
Business Alan on Sale I
of Copper Plant. I
Senator 1 May Be Backing
Utah Fuel' Company jn
All Who Are Supposed to Know of, jH
the Proceedings Are Keeping
Definite information. In regard to -the
deal which is being made for the old
Salt Lake copper plant northwest of thc
city Is very difficult to obtain, but there
remains no doubt that the deal will be
closed within the next three or four
days. While quite convincing evidence (
is at hand that the Utah Fuel company
Is the purchaser of the plant, there are
those who have been keeping closx
watch of the transaction who believe
that Senator Clark is very strongly In
terested. A Avell-kncm'n business man
of the city yesterday said: '
Business Man's Guess.
"From the connections had by any
firm with the nartlcs to this deal it
would be presumed' that I would know
all about it, but I must confess that I
do not 1 knew of the giving of the
option on the copper plant properly two
Avanted for the purpose of establishing a
.steel plant, but who the purchasers are
has been kept very close. My belief
Is, however, that it Is a Clnrk-Harrlman
move, Into which Co3. S. 13. Milner and
his large holdings of Southern Utah
iron lauds have beien taken. I have
good reasons for believing that these
Interests are about to begin operations
In the iron fields anJd am informed that
it is a part of their plan to have -works
near the mines forJ converting the ore
into pig iron, and that the finished prod-
ucc will be manufactured at the old
copper plant. I am not at liberty to
give out the source of all of my infor- tH
matlon to this effeca but my first point-
er In this direction was received a year iH
ago, and I don't mtlnd giving you that
for what it is woiih.
What a Friend Told Him.
"I have a very intimate friend who
is Interested largely in raining in tho
Cripple Creek district. This man is an.
intimate friend of Senator Clark.
Something over a year ago my friend
had a visit with Senator Clark, when
the Senator spoke to him In glowing
terms of the futaire of Salt Lake City, jjH
ending by Btrongly advising him to sell
all of his interests in Colorado and In
vest everything he had in Salt Lake real H
"When the Cripple Creek man asked jH
the Senator for his particular reasons
for thinking Salt Lake was going to
advance so wonderfully the Senator jH
mentioned among other things that a
great steel works was to be located
here, and when my friend questioned jH
him as to who was going to build tho
steel works Senator Clark simply said:
Hasn't Much Doubt.
"Now, that may not be very convinc
Jng evidence to some that it Is Senator
Clark who is buying the old copper
plant, but, taking it in connection with jH
other things that have come to me, jH
there isn't much doubt about it in my jH
mind. I know, for example, that Sena
tor Clark has been figuring with S. B.
Milner in regard to handling the South- jH
ern iron properties, and I am aware
that these negotiations hav-e been re
cently nearing some sort oi a termlna-
Funeral 6f a Suicide. Il
SAN FRANCISCO. July 16. The
body of Bertha Dolbcer, -who committed
suicide In New York lart. Saturday, ar- ll
rived in this city today:. It was taken il
at once to the Dolbeer residence, from
where the funeral will be held tomor- ijl
row afternoon. iH
I Our new cigar, the Auditorium, a combination of I jl
seed and Havana, is union made, in the factory of the I IH
iWinters Cigar Mfg. Co., of Denver. It is quickly tak- H
dug high placo in tho estimation of smokers.
RIEGER & LINDLEY, A I JH
"The Whiskey Merchants.1' ' 1
I Insure Highest Market Pieces I H
I FOR YOUR J!i H
I Sheep and Cattle (I (! I
H by consigning them tc H !
I ' Live Stock. Commission 1 jl
1 CHICAGO SOUTH OMAHA . SIOUX CITY I 9H
1 KANSAS CITY . , SO. ST. JOSEPH DENVER 1 iH
H Let us know what you have and whsn you expect to skip H Ml
H and wc will 11 informed or ttic mukcts. M ifll