Newspaper Page Text
MAHL OX DEPRECIATION - Jlarriman Roads Don't Com mlyxcith Commissions Requirements. That th« depredation requirements of the Inter state Commercw ComiclssJon are not being met by FOiae it the large railroads is shown by an «am eaatiaß cf the reports of th« Union Pacific; and geataern Pacific railroads, •which have Just Issued th«ir nrs res toT the ye**- The statements of the ■■ÜBiiMii roads show a curious admixture of com x,'iance with and defiance of the new regulations. Wi'.'iain laewd, controller of the Harriman roads, asked yesterday why they had not complied . the commission's depredation requirements. .aid that to do so would cause a duplication of charges for the maintenance of the value of the roads' equipment. •■r>r exaaiFle." he added, "the Southern Pacific 6 operating expenses include the record value, leal talvss *- ot all equipment destroyed, told or vacated frcra cbsolescence or any other cause during the "^j. |ioßf equipment has been added In the place c t the old equipment condemned, so that the value ef the equipment ha» remained practically unim pajrwi This is the proper way to provide for the <jl-reeiaiion of equipment. Now, if the commission compels us to make an additional provision for g-jaaafßaswa. It will, in effect, be provided for twice —race for the past and once for the future. Any ttteispt to figure future depreciation is pure guess •wtsrk; therefore, the only proper way to provide for ajajrsjßwsilwß ie to take up in operating expenses cr make good from the year's Income th« actual depreciation. If the commission desires to preserve t«3e integrity of the capital account, it could be done by framing regulations requiring that the saaaawt cost of repl*cin(? any particular piece of aaalfßßwat condemned, sold or otherwise disposed e j" less the 188 received for its sale or its salvage value. should be charged to operating expenses and credited ■■ a replacement fund, tog-ether with th« ejaourt received for its pale or for salvage, to be used In payment for new equipment of the design d eap&city then best adapted for the roads' xt#i£ Th* impossibility of ascertaining any uni «or~ depredation is shown by the fact that on 'the"southern mi Bail the rate varies even among *»« am B»*wlßwa«awl " ' one tronble with American railroads, Mr. ilahl esid further, was that they did not know how xuach they wert. spending for each item of sup ines an-2 labor, and to attempt to apply any ont «cna method of accounting except at such points as i-«re naturally uniform would, he thought, only leak to confusion, and, therefore, to expense. Practical accounting, he said, should deal with t^erv item, ascertaining in dollars and cents the nilta cf all costs. "When this was done, he de ■ dartd, the railroads would save a large amount l-^jjaauly. He added that to attempt to apply the i—B rule to aU roads without consideration of fpeciai conditions would clog the accounting ma cUjery and prevent its most effective use. TO SELL COFFEE BOXDS. 'Sao Paulo, Brazil, Securities To Be Placed Here. %>rotlations ar» under way, it was learned yes terday, for placing 1 30.0.000.000 of the proposed new f3.f100,000 Sao Paulo coffee loan in New York as erwn as the necessary legislation authorizing the r?tr is passed M- th«s Btate of Sao Paulo, Brazil. The National City Bank, which handled about J5J806.000 of the preceding loan, will, lt is under eteod. take the i BssVwS of the new loan to be placed here. Of the remaining $65,000,000 of the laar.. Paris and lUasaflsai hankers are expected to FubscTi v >< ;> about J50,000.00ij between them and Berlin tr.3 Bru??c!s will, it is said, take about JT,S<Xi,OOO each. Besides th» actual coffee held by the State of gao Pa-10. amounting at present to about 5.100.000 tsp?. the loan will be secured by the export tax tn coffee. According to cable advices received in WtVi Street yesterday from Sao Paulo, the recom mendation cf the financial committee of the Legis l*t=re of that state for an Increase in the surtax en cTee from 1 francs to 5 franca has been ' paisea "by the I^BfasattsaTw. This Is part of the Ettxral financial scheme recommended by that cojEir.'ttee. and lt is regarded as certain that the reccrsmerided increase in the export tax from 9 to 11 per cent and the tax of M per cent ad valo rem will be passed. The surtax -will be applied to the payment of Interest on the proposed new loan and for the storage and Insurance of coffee, as well as for the eventual retirement of the state's Indebtedness. The price at which the new loan will be brought ■Bt baa not been determined as yet. The former loan was issued here at *wti, That loan proved profitable to those who took it, ax.d these coffee bonds were virtually the only security which did BOt F:T-r a bis slump during the panic last fall. They will now be paid off at par. W. B. ELLISON VICE-PEESIDENT. ffifl Also Be General Counsel of the Provi dent Life Society. A Tr"*i!sg of th« newly elected board of directors d the Provident Savings L,if«* Assurance Society was h«!d yesterday and William B. Ellison, ex-Cor poration Counsel, v. as chosen vice-president and g«seral coxmseL Mr. Ellison will serve as vice president -without salary. Under the old regime 0. F. Thomas was \ice-p resident and drew a salary of BaMwX. Mr. Ellison's salary as peneral ermned has not been fixed. Mr. Gilbert, of Gilbert & Lockwood. the former general counsel for the caEipary. drew J7..W1- Arthur G. Lan*rriar.i. tn«* LouLsville capitalist, who recently bought control of the company and •was «:ected president, is drawing- a salary of J6.000. "Under the eld refinie Timothy L. Woodruff drew no salary as president. In view of the large salary paid tp O. F. Thomas as vice-president there is. however, a saving of $12,000 a year under the new arrangement. Henry Moir was re-elected actuary and S. K. Hub bard was re-elected controller. After the meeting President Langham said that he hoped to have a large amount of money paid Into the company's treasury in the near future At present th» company is writing no new insurance. «nd as it is saving the heavy expense of canvass i£f. money is accumulating rapidly from premium payments. In the last six months the company has peid out .-?:••■ in death claims and nearly 5380.000 in cash surrerder values. President Lang *»•» reiterated his denial of the report that the company would move its headquarters to Louisville. EXPLAINS POET CHESTER DEAL. The ri.2CS,OOO cash investment by the New York, New Haven & Hartford Railroad Company in g:"t- Uc* control of the New York & Port Chester Rai! roa4 Company and the New York. Westehester & Borton Railway Company wiifi explained yesterday to the Public Bervice Commission by Mace Moultor. president of the Port Chester line. At the final hear ts by the conimisEion to ascertain -why the -work ca the Port Chester road had not been carried oa is accordance with the terms of its franchise. Mr. Mou!um submitted a statement showing that the *«• Haven controls 990 of the 1.000 shares of cap- Mi etock of the Millbrook Company. The Mill brook Company, in turn, holds Sl.iSl of 91.630 shares *f capital etock of the Port Chester company and one temporary Z £«er cent first mortgage bond for tmjan. The Port Chester company owns 7.260 chares of ?he capital stock of the Wet-tchester company, and 3,«u~, 6 hares through voting trust certificates. Th« t««l -rcb«r of shares of capital stock of the City •^ County Contract Company Is 6.SSO. Five shares •*« owned by the Port Chester company, and tho control of th« remainder is baM by voting trust certisca*es. T te Port Chester company also has an agreement *• underwrite $12,430,1 X» of >>■ ''•.?> and etcK-k of the v >"e£tci2e£ier company. Of this amount $4,519,12Q has *•«■ paid. When ihe remainder is paid the Port Chester cornp&ny will h« entitled to receive 13,130 22JM0 < : the issue of $15,C00,00u t per cent bonds of *** WestcheEter company and 4J.OiXJ shares of the **P!taJ etc-t Of ;. ■ in cash already expanded by •*• ** llr Haven, $10,873,10 04 went to obtain the waourl *l*6 of the thre« companies abovo mentiojif^l. The r «nsjc < j«» r _5 3Si> £j,, s»^— is represents! by ojien «le ■•■nd uctee or OVecj accounts of lilt »re%'eral com- HMkg| I THE MARKET!? / . TOTAL DOMESTiC RECEIPTS. P«i«. v" .>, — .**" York. August 19. 1808. * "*•• *»?, h 4WK ! f hnnar pkgs.T 8.261 Bean*, bbl.. . 1- \ ,^ p k^ IfSS S^. 1 - "eta... 44S Dressed poultry, plc^a. 1.229 Hops bales... _ « Live poultry, crates . . 841 j**^- t0n5............ 2,660 Cotton, bales 2.473 gtraw, tons. . c .... 70 I*tie. bales 150 (ornmeal, bbls 600 i Wool, bale.:::::::: I" mo Si^SK.* 1 ' **<*»••••• «.377 (Wool, sacks 873 Mlllfeed. tons 133 Zacaian bales 173 whiskey, bbis 211 Apples bbU ::::::: 7.200 Hama. pkg* 199 Potatoes, bbta 12.075 I** 0 ". **»■ 1,291 Onions, bbls 3.250 Bacon, tieroea 60 Dried fruit, pkgs 3.523 r*!2- J"* I***1 *** - 816,Rai«ins. pkgs 575 £ara. kegs c,894 Oranges (<~a;i. boxes. 1.925 T*l!2. W ' " .V^--- " Peaches (C al). pkgs.. 800 Lubrtcatlns oil bbls. 150 Pears (Cab. p kg* .. . 4.525 Cottonseed oil, bbls. . 100 Pium, .Call. ■ pk1». . . . 375 Ole 0 stock, tierces... 8301 Peanut* sacks 400 Wheat, bush 67.000; Copper, bars 12.W0 £"°- U " h 40.880 Lead, pigs 3.300 Oats, bush 83.000 Rosin, bbls 4.150 Barley, bush 3,600; Spirits turp, bbls 1.500 SS V T. *"* 1.950 Tar. bbls.T 500 Malt, bush. 3.000 ! Tobacco, hhds 350 Flour, bble 9.346 i Tobacco, tierces 25 Flour, sacks 30,172 Tobacco, pkar : 450 Butter, rkgs 7.oS4,\Vlne (Calj. MM« 100 EXPORTS. Com. bush 1.130 Refined pet, gals .. .1.670.300 Flour, bblr. 3.562 Cottonseed oil. gal*. 7.880 Flour, sacks 12,079 Lubricating oil. gals 141.250 Ccrnmeal. bbla 15$ ! Pork, bbls 242 Feed, It> W.eOO, Bacon, It, 412.650 Bran, It) 2S.SOO!Laxd Ib 31.060 Ollmeal. «> 557.600 Grease. Tb 142.000 Spirit* turp. gal».. 3,600 Butter, Tb.. 10.400 Rosin, bbls 200 ; Cheese. Ib 112,320 CASH QUOTATIONS. Iron. Nor. No 1 My.sl« I»7V Cotton, middling 10.35 Iron. So. No 1 16 87^ Coffee, No 7 Rio 6H Steel rails 2S 00 j Sugar granulated .... 6.20 lAke copper. Ingots. 13 574 Molasses, OK. prime 40 Tin 2945 Beef, family $17 12H Exchange lead 460 Beef hams 29 00 Spelter 4 671* Tallow prime 5 7-18 "Wheat, No 2 red... 101 "'-s, Pork, mess 17 124 Corn, No 2 mixed... »0H Hojrs, dressed, 160 Ib SH» Oats. 26 to 32 Ib 51«s Lard, prime. 9 60 Flour. Mp! t . patents 600 i GENERAL MARKET REPORT. ■ New Tork. August 19. 1908 COFFEE — A more sever*, frost in the Sao Paulo district of A rare -was credited with having been largely responsible for the advance of s®lo points In to-day's cosfc« market, although there was no such urgent demand as would probably have been witnessed had there been 1 «Jiy general opinion that any serious damae* had oc , curred to Us* trees, suet., for Instance, as in 1902. A j minimum temperature in the district mentioned was re i ported of 8«*« degrees, which Is,- ©f course, pretty close I to the freezing 1 point, and very cold weather was re ; ported in other districts, So that, altogether, the new crop situation was such as might have been expected to ; attract some support to the market If only through the . precautionary covering of shorts. Then.' too. It is possible that reports that the Sao Paulo Legislature had parsed ■ th«? laws required - to consolidate valorization commit- I menu Into a new loan of £15.000.000, and that the in ■ crease in the surtax weald probably take effect by Oc tober 15 had mom influence on sentiment, as practically Insuring I m ability of the government to carry its sup i plies of irreen eoff°«> into some future season. Sales for the day were reported of about 33.750 bags. Th« market ' opened steady at unchanged prices to an advance of o points and improved during the day on covering which seemed to be partly for European account and some : Ml support, which appeared to he undertaken on the i possibility of crop damage and of falling off In the ' Brazilian movement when once the increased surtax took I effect. Brazilian receipts reported for the day were full. j The market for spot coffee was steady, with quotations 00 the basis of 6i»c for Rio No 7 The range of contract prices in the local market to-day was a* follow,: Tegter _ Tester- Opening. High. Low. Close. day. August 5.70 5.70 5.70 6.70f5.75 5.65 September COS 5.65 6.65 $-«»?•£ 560 ' October — — — ».88&-o.6o 6.50 Nc^Sb-r ........ — — — 6.55«0.60 6.50 !Pecembe7 5.55 6.60 -5.55 »•»«.*> B.o« MmuK •*;;.-.::: ".5.55 — — o 55©* .00 B.m iS^T *f? m •:• j-jog-g •£ : A £V i _ _ _ 8.«eee.70 6.65 Jui£ ■.■.■.■.'.'"■■■.■■'.s.7o 6.70 6.70 6.70@5.75 5.60 Coffee cables.— Rio— Coffee market steady; Mo 7 Rio. **♦". exchange. 15S-1M: receipt* 12.000 bags; ship ments for the baited States. 7.000 bags; for E"r°Pe 2.000 bags: stock. 104.000 bags. Santos-' m f, rk firm: NiTi Santos. **875 : No 7 SgOO^WCripto^W bags; stock, 1,344,600 r-s**- Hamburs^Coflee niarket opined %4 rig lower: at v m was net -* r # low er. at 6pm was net **«H pf? lower: sal.!. 32.000 bags Havre-Coffee market opened barely steady. ", Jrw lower; at 12 m unchanged: at 3 p m "^a* l^: V fc %**«T SffllttS 5£ ner^s uns-ttied te~«ay. cosing steady, net unchanged to 13 points lower. Bales were esurnate .-; at i-.,.0n0 bales_ The market opened easy at a decline of 8 to 10 Points and sold at a net loss of 13 to 15 points during the early session, under lijuilation and bear pressure, !^ic'i was" inspired by easy c-abies, the break In Liverpool spots beneticial showers in Texas and apprehensions of easier Interior spot markets. But there was no sign of »I'Jf ua tion by the bull clique; on the contrary, these P»P« Keaudtn be buying, and in ■pits of considerably South - em s«llliwr the market rallied several points during .he middle se*ion. the lir.provemer.t being helped by the crop report of a well-known ... authority, stating that fully one-third of the crop was in danger of t.emg dam aged 5 per cent by dry. hot weather. But offerings In creased following reports of further" showers la .eidi and the market sold at the lowest point of the da> during the afternoon, when October touched »•!=«. or 16 points net lower. The clcse was a little up from the low est on covering. The next report on condition of tne crop by the government will be Issued on September 1, and the first census report of the season giving th* amount of new crop (tinned prior to September 1 will be published on September 8. be New York • otton Ex cnang« has voted to make Saturday. September 5. pre ceding Labor Day. an extra Exchange holiday. One of the boll leaders issued a statement during the day. in which he estimated the October long interest at * ev , e . ra . l hundred thousand bales, and expressed the opinion that this would not be liquidated until the bears had demon strated their ability to brin* cotton here trom the faouth for delivery. The cotton mills of Oldham. Aihton and Rochdale in Lancashire, It is reported, will close for fourteen days. . „ , ■ »" . The rar.ge of contract prices in the local mancet to cay was as follows: Tester- Open. High. Low. Close. day. August . ...l.'l" 10.18 ln.lo iaiU®lo.l3 10.10 Se^raber"""'.' 826 9.28 9.28 9.^ 9.51 8.40 AoleV P26 0-2« 9.15 ».I*@ fl.lß 8.31 XovembeV ■••;.■: — — — 91$ 8.93 »»3 Ja^-arv • 8 9.1 KM — ' 8.8*1? » »•«! PVbrulry — — — > 6.91© 8.93 03 ■A" ■ ■ ; BM B.« J> »2 8.»4@ B.« f H The local market for spot cotton was quiet, with _, IC(i 5 points lower, at 10.35 c for middling upland and 10 c for middling Cult. Southern spot markets were telegraphed as follows: Mobile easy, unchanged at 10c- sales 25 bales; Savannah quiet. l-16c lower at Pl^-l&c- sales. 1.377 bales: Charleston quiet, un changed' at 10c: Norfolk steady, unchanged at 10^c: sales 120 bales: Baltimore nominal, unchanged at lie- 'Augusta quiet. h»> lower at 10V4<"- for old crop and" »>%•• for new: St. Louis quiet, unchanged at loi-c- "ales 20 bale* Little Bock dull, unchanged at »Sc ; New Orleans easy. h»c lower at »",c; sales. 110 bales- Calveston quiet. : if lower at 10c: sales. 66 t rales! Houston qui«t. l-16r lower at 10 3-]6c; .Mem phis quiet, unchanged at It"-: sales. 225 bales. Esti mated receipts at leading points for Thursday: At Houston C, 500 to 7.000 bales, against 2.103 last week and 915 ' last year at Galveston. 4.500 to 5,500 against 1 076 la-t week and 1.30* last year, and at New Or leans. 450 to 550, against 422 last week and 56 last 'cottor. Exchange special Liverpool cables: Bpot cot ton pressed for sale: sales. 3.000 bales: speculation and export, 300 American. 2.000: receipts. 2.000. Middling upland. 5.75 d. Futures opened quiet, partly 1 Doint higher on near arl unchanged on late months; closed easy. at a Bet decline of 6Vi to »H points. August. 5.55Wd; August-September. 5.16 d; September- October 4 We. October-November. 4.84 d: November- December. 4-88% d; December-January 4 d; ., Jan H" arv-February 4"-:.-: February- March. 4>7.1 . March- April 4Ss4d: April-May. 4.59 d; May-June. 4.90 d. Manchester— Yarns dull; cloths, dull and Irregular. Fl'orß AND MEAIi — A better trade was reported to floor to-day, particularly for spring grades. Prices were steady and unchanged. Rye flour was quiet at old quotations The • [lowing are prices quoted on the New Tork Pro-Ju<-<. Exchange: FLOUR— Ppring patents, $5 78 eSSTS; winter ttralphts. $4S*4 IS. winter patents $4 40 : SJ4 75" spring clears. $4 10<354 *• extra No 1 winter. « V«*sS 60- eitra No 2 winter. $3 403*3 50. RYE FI/>UR _itek" Quo^d: Fair to go.xl, $4 15^14 60; choice to ..:,, $4 55(3*4 S5. (t)RNUEAI#-Flm. Quoted: Kiln -.;".', BAG MEAL— Fir Quoted: Fine white a££ yellow' $1 70@Jl 75; coarse. *1 65@*1 70. FEED— Western fi'rn- city rlrm. Quoted: Wostem spring. 525 SO; Bia^dl™ mSdISS *27 60; flour do. *25> 28 red dog:. S3l 80; cUv bran 123 35 hulk. J24 S5-0J25 55 sacks; middling. t-'K VkBS"9 W)- red dog. $31 60. all August shipment; hom iny chcpJ27 60 bulk. $2S 70 sack?: filmeal. $325J32 50. WHEAT — The September contract was in rood demand t«-day. and advanced about 1c a bushel on buyinfr by elevator people- at Chicago, who at the Bam* time sold late months, explaining the relative depression In these . deliveries Last prices at New York were S" 1 higher on .September and Vi®*»« «P ; on 'the rest' of the list. There, was no important pressure during the day. however, even on late posi tions and the whole market had quite a steady un dertone in face of rather bearish Northwest advices «nd offlcial reports that the Hungarian crop was *?f MooOo* bushes, compared wit] 120.000.000 -last year 'Commission houses were fairly good buyers, a^d 'in th*> afternoon shorts covered quite freely on reoorts of an excellent rash demand, partly for export, although the latter business was somewhat uncertain ud to the close of market, when only abeat twenty loads could be confirmed. Country offering* were j llirht and there was quite a sharp drop in Southwest r-oipui which for the day amounted to only 273.000 bushels' the total movement being 733.000 bushels, compared with 595.000 bushels a year ago. At t.h« same t!m«> wheat and flour clearances for the day ajnrresrated 436 000 bushels The Liverpool market was l»S''i<l higher, and world's stocks were reported to have Increased 891.000 bukhels for the week, com pared with an increase lnst year of 78::. n0w bushels. Advices from Winnipeg said the yields were exceed ing expectations, with the berry plump, even and of excellent color, and estimate* of the yield being raised i.- Minneapolis stocks have decreased 150,0<i0 bushels four days, and receipts at the two North- | west points w«re 143 cars, compared with 63 cars la*t year Ca«h wheat in the lora.l market closed as follows- No 2 rwS. fi«sl 00 L elevator, and »1 01 fob afloat' No l Northern Duluth. $1 2SH. and So 2 hard winter. SI 04 fob afloat. CORN— The Sep tember corn contract also led in point of strength to-day Influenced by light receipts and stocks, com mission house buying and strong bull support early In th» ««Mion. »h»t. It sold practically 1 .- above th« previous n!sht. Later months were affected by un favorable crop advices from Indiana, and reports that re'-ent rains In the Southwest had come too Sat* to benefit the crop. There was some selling in the afternoon on predictions for showers in Illinois, but the market, nevertheleej, closed quite steady at a partial %c rise hem and U9\c advance In Chicago. The interior receipts wen 403,000 bushels, compared with 32fi.000 bushels last year. Ma 2 corn here was quoted Me elevator, am! l«4c fob afloat, both nominal. OATS— Light country offerings were re ported in oats, and the market was quite steady all j day,. rr*!p»d also by commission house buying and ! th»' steadiness In other grains ''ash oai« In New j York «-los^d a* follows: Mixed. •-'« to S3 lh. 51 He; natural white -« to 32 lb, MeMc and clipped white. JV to 40 lb •"».%'» e.i Hr. RYE — Market dull No 2 Western. S4e nominal fob New York BARLEY — ■■ Market nominal. NEW YORK HswOwal Ye»ter- Whe«f Opening-. High. l/)w. < "lose. day. h*pt«wb«r ......5101 »iol* *100? i $101* 110^% I NEW-YORK DAILY TRIBUNE, THURSDAY, AUGUST 20. 1908. NATIONAL STOCK Pamphlets are now ready. Mailing begins to-mor row. Banking and Brokerage houses everywhere will be supplied with quantities. Every customer of a bank ing or brokerage house should insist upon being sup plied by his house and should not take "We have none" in lieu of pamphlets — whether the firm giving this excuse is J. Pierpont Morgan & Co. or Black, White & Co. Wall Street was jubilant yesterday at the story sent broadcast: "U. S. Government has been induced to shut down on the Lawson pamphlet. It will be barred from the mails on the ground that it is clogging regu lar business." Isn't this a delicious illustration of the System's condition? When the *' National Stock" pamphlet or any other "National Stock" document is barred from the mails, or anything else, I will be the first to notify the people. Yesterday was " National Stock's " heaviest day, and after enormous transactions it closed at the top in tremendous demand at $1.75 per share. THOMAS W. LAWSON. Boston, August 20, 1908. Our house probably has filled more orders than any other in the country since Thomas W. Lawson's present campaign began, thousands daily. Notwithstanding our entire office has worked day and night continu ously since the beginning' of the campaign, we have yet to hear the first complaint from a customer. We solicit buying and selling orders in "Na tional Stock" to-day before it crosses $2 per share, when the Rules increase the commissions from $2 to $3.12 per hundred. We have been asked the question thousands of times why Boston trades in 700,000 shares of "National Stock" a day and New York 100,000, and we give the answer : The New York commission is $6.25 for 100 shares ; the Boston commission is $2 per 100 shares now and $3.12 per 100 shares when the price gets over $2. December 102^ 102-4 102 7- 102% 102^ May 1 Od^ 1 06H 105 105 U 1 OB 1 Corn: September — — — *"_ £?2 December ..— . — — — l^y* i,7? May — — — Tl^» n » CHICAGO PRICES. Wheat: mm!— lns »2 4 »% 9- l -i WJj 62% May B6H §8* wiM «*"» 03Vj Corn: September 76% 77H ',6% 77' i 76% I I Member «•« 6SJ4 oi> «)• fQ j May «4 «*H «3*» *> 4 ■« « * I Oats September 4774 45% 47% jj\S 47* i miembor 4«% 4<*H 4«'» 48U 4R-* May f-OU M*i «Ti MH M> Fepfember 91= »=2 912 « 22 9IT October 8 25 9 Zi i> •= a " 2 »-' Ribs: 5S -" - 8Sr:.:::::a5 £S »8 ill. »S METALS— TIN'— Th« London market was higher by about uTed to-day, with spot quoted at £133 and futures at £133 ISs. Locally the market was dull at 25 # 29.60 c. COPPER had quite a sharp advance In London, with spot closing at £60 l,s «tl ana lut ures at t.U 12, flu. Locally the market was .!;:.! -r.l unchWed, with lake quoted at 3^*'^-; = : eiectroiytic at 13.87 H #1».«0c. and casting at 1 3.1.-, ©13J5c LEAD «a* unchanged at tl.-. • » «^, J" L "^ don and at 457H '3 4.6^c local ly. SPtL.t-R «as linrnarsr-r 1 at £19 1*« *» London, but wa . easj In tne SKSrLf at 1« 5»4.70c IRON" was «n«^ « waa quiet and unchanged, with No 2 f^undry North i Produce Exchanite continue Pig iron uncaang ed with Produce Exchange continu. dull * a *"™ b ™l*A«™at ; regular grades quoted as foWows^ rash and <^toblr : Sl% °.*.* fir. 75" September. $15 250J15 S3, October. ils 25e$l«: November. $15 26««1« 25. and December. J: 'MOl\ s AND SYRI PS- Th, market for both i molalres^aLd syrups was moderately acuv, but •toa.lv at former prices. Quotations '°ii i«»?j£" LASSES— New Orleans. centrifugal, common in^iw, 1 fair 18® ""V- rood 22®26c; prime; 23© 30 c; New Or leans fair. 16®20c; gooJ. 19©22e; prime. 21«-oC. 17c: fair, 16@20c; good, 19@22c; prime, 21©.3 c, fancy. 270Mc. 011S — rottons-ed oil was higher early, but lout- the advance during the late session owine to poor outelde support and In sympathy with cotton. Sales. ion * bla of Ai^uit at 3?Vjc. 700 bbls of September at Si) *'® 3 B^c^ 100 bbls of October at 37"* c. 400 bbls of November at 3BH^ 864 c 700 bb: of December at M*O36*c and 500 bbls of January at 36HS8«c. Unseed oil was unchazwja. Re nned petroleum steady at recent prices. We quote. PE : TROLEUM, standard white. bb!s. 8.75 c: bulk, &c: Phila delphia, 8.70 c; bulk. a.SSo; refined, cases, New York. lO.fcc^ Philadelphia. 10.53 c; water white, cases. New TarkTlO.ne: bulk. 7c; Philadelphia. 10 70c; .6.880. water white, case*. New York. 12.P.JC; Philadelphia. 12.SRC. COTTONSEED Oil-— Prime crude September. 28 Gt&Hc; prime summer yellow, spot. »H«eßc: A«P«t . 38^©3»%c: September, 88^4«88*.c; October, 3S^®37ViC; I November 3H'\.«Bfi*»c: December. 3«o' :st ! : *>i and January. 85®36c; off summer yellow, Auirm. 37*4«SS^c^ good off sumnier yellow. «7%©39 c: prime white. 39H®4oc; prime winter yellow. 40@45c. LINSEED OlL— American seed. ' city raw. 44©4.'ic; out-of-town raw, 44®45c; Calcutta raw. 700. LARD — 70®72c. PROVISIONS— Th« provision market started out rather easy in tone on lower hogs, but soon rallied with grain, and on later good buying by packers became quit« firm, 'closing near the top. Chicago receipts were 20.000 hogs; estimated for Thursday. 21.000. All -Western points had 68,000, including 9,000 at Kansas City and 7.000 at Omaha. PORK— Steady. Quote.): Mesa, $1 <«.*!. 2.',; family. 1180$1H BO; short clear. $17 50@$1SGO. BEEF Steady. Quoted: Mess. fI4Mf)SLSBO; family. $16 75® »17 50- packet. $15®516: extra India mess. »24g>525. BEEF HAMS- Firm. Quoted: $29(8«0. DRESSED ; HOGS Steady. Quoted: Bacon*. »c. 18t) Tr\ BHc: 100 rb P?»c; 140 Ib. 9Hc; pigs. 10c. CUT MEATS— Plckied bellies quiet. Quoted: Smoking, lie: 10 r\ 10^c; 12 IT). 10*»c- 14 rb. »V.c. PICKI^ED HAMS — Quiet. Quoted: 12c 'TALLOW — Barely steady. Quoted: City, 87-16 c; country s?»cigs?-.c. LARD — Ftrm. Quoted: Middle Western B.4S@it.Hc. City lard steady. Quoted: O'ic Kenned lard irrejrular. Quoted: Bouth America, 10.6<)c; Continent. 9.»» c; Brazil, kegs. 12c. COMPOUND— Steady. Quoted: 7T»SSUc. 6TEARINE— steady. Quoted: Oleo. 12gl2^e: city lard stearine, llH©l2Vsc. RICE — The rice marker was firm and active her* as well as at all primary points. Quotations follow: Screening's, 4V*c: ordinary, 4\@f.<v. fair, / gZ>**c; good ordinary. s*4®s»ic; prime. 6®6'ic; choice. «Vi (o>7c-. Patna foreign. 6'36\c; Rangoon and Basseln, 4 v, ® Be. SI GAB- market for refined sugar was steady as a rule and fairly active. The Warner refinery reduced its price for standard granulated 5 points to ft Me less 1 per cent cash, but for prompt shipment only, while, other refiners held to the old price of 5.10 c, sam* terms. The following are list prices, subject to a rebate of 10 points and a discount of 1 per cent for cash, seven days: Crystal dominos. 7.65 c; Eagle tablets. 7.50 c; cut loaf. 6c: crushed. 6.90 c; mould A. 8.55 c; cubes. Eagle 6-lb bags powd«red and Eagle confectioners* granulated, 5.45 c; XX.XX powdered. 6.85 c; powdered, coarse powdered and fruit powdered and Eag'e coarse and extra fine granulated. 6.30 c; Eagle 2-lb cartons of fine granulated. 8.40 c; 2-lb bags do, 6.60 c; 3^-lb bags do, 5.43 c: Bib bags do, 5.40 c; 10-lb bags do, 6 3.V"; 25 and 50 !b bags do. 6.25 c; Eagle fine or standard granulated and diamond A. B.Me; confectioners' A. r.c; No 1, Be. Nos 2 and 8. 4f»se; No 4, 4 £•■ ■•• No 5. 4.55 c; No 6. 4.£oc: No 7. 4.TSe; No 8. 4.70 c: No 9 4.63 c: No 10. 4.3.'.c; No 11. AsMc; No 12. 4.45 c: No 13. 4 40c. Nos 14. 15 and 16. 4.350. The London market for beet sugar was lower, with August at 10s \<l and September at 8s B\»d. The local market was steady but quiet and unchanged, with centrifugal, 91 test, at «#4.08 c; muscovado. 59 test, 3.5<)@3.53c, and molasses sugar. 89 test. 3.209 8.23 c. According to Wilier? & Gray the meltings at American ports for the week were 37.000 tons, com pared with same amount last week and last year and 49.000 two years ago. Receipts were 31.C00 tons, against 31.417 a week ago, 47.971 last year and 2« .23.1 two years ago. Total stock Is 248.241 tons, compared with 263. last year and 278.389 two years ago. LIVESTOCK MARKET. New York. August 19. 1908. BKKVEt*— Receipts were 83 cars, or 1.544 head, in cluding ■»- cars consigned direct to slaughterers and 41 for the market, making with previous arrivals 48 cars on sale, of which 40 are at Jersey City and 6 at 60th street. Good to prime steers were in fair demand and steady; others slow to a shade lower; bulls in light re cei&l sod steady to Brat; fair to good cows steady; common bologna cows s{}lGa off. Th« yards were entirely cleared. Common 10 prime native steors sold at S3 90® 16 40 per 100 Ib. oxen and stags at fl3sJ?ss IS; bulls at i- 7.Vtt*'t Th;. cows at JllOi**3bO. No real cholco bill's or cows offered. Dressed beef continued slow at last quotations Latest cables from Liverpool and London quoted live cattle higher, selling at I24tm<* per ir.. creased weight; refrigerator beef unchanged at ltV»®HHc per lb. Export* from this port to-day were 2.700 quar ters of beef; to-morrow the Majestic, to Liverpool, will take out about 1,600 quarters of b»«f for th« IMorrt* Beef Company. iajaa- X, Sttndsrs: 20 Virginia steers. 1214 lb aver SPECIAL CHARLES C. CLAPP Sl CO., BANKERS 6. BROKERS, 19 CONGRESS STREET. BOSTON. age, at |«18 per 100 rb: 15 do. 1092 Tb. at 15 25; 9 do. 1100 Ib, at $5 10: 31 Ohio do. 1236 Tb. at 1610; 7 do. 1067 ft. at 15 36; 20 Michigan do. 1130 Ib, at $4 85; 20 West Virginia do, 1065 Ih. at $4 75; 16 Virginia steers and stags. 1270 tb. at $5 50: 2 oxen. »35 It), at $4 35. Kerns Commission Company — 17 Virginia steers. 1162 It), at $5 75; 24 "West Virginia do. 1237 ID, at $5 50; 21 do. 11*9 Th. at «4 00; 1 hall. 1030 ID. at $3 W>. McPherson 4 Co.: 18 Kentucky steers, 1238 Tb. at {5 60; 20 do. 1125 rb. at $4 95; 28 do. 1065 Th, at $* 86: 25 do, £60 rb. at $4 25; 24 do. 1060 rb. at $4 20; 40 do (lev oxen). 057 rb. at $3 90; 18 Virginia do. 1192 rb. at $4 80; 8 stags. 1537 It), at $4 SO; 1 cow. 970 rb, at «3 90. J. Shamberg i Son: 34 West Virginia steers. 1338 rb. at $6 40- 24 do, 1180 Ib. at $6 30. 47 do. 1232 rb. at $6 25: 20 do. 1356 Ib. at $6 25; 19 do. 1332 tb at $6 20; 1 do. 1480 tb, at $5 65; li do, 1315 tb, at la 75; 3 do, 1280 tb, at Newtea ec Co-: IS West Virginia steers. 13+4 Tb, at $6; 13 do. 129." Ib at $5 80; 1 do. 1277 tb. at $5 80: 18 do' 1336 lb. at $5 70 : 20 do, 1295 It), at $S .0: 17 Virginia do! 1247 lb. at $5 75; 24 do, 115« n>. .at $3 15; 24 do. 1O Tobm' & 'shannon': 19 Virginia steers, 1153 It, at $5 Si Judd & Co.: 8 bull.. »73 Ib, at £325; 1 cow ..0 lt>, "a'V do 780 Ib. at $1 25; 4 So, 732 Tb. at « 50; AH Bpps'eiu: 30 Kentucky steers. 1226 rb. at $5 50: 2 Kentuckv^n. 1560 £. « gU.^ 25; „ cowß> MJM J *G 5*5 * Pon: 8 oxen. 14«3 lb. «t $4 40; 1 at S2 30- 1 cow 800 lb. at $3 25: 2 do, »Sn 18. at *-• S do 65S \b at $2 50: S do, 746 lb. at $2 25: 6 £V L ib at $21 do. 830 lb. at $1 75; R do. 777 IV at $7 CO; 4 do! 715 lb. at $125; 1 do. 510 Ib. at $lAndrew1 Andrew Mullen: 4 bulls, 532 lb. at $3 35; 12 do, -xt ih »t SlO5 5 do 503 lb. at $2 75; 2 cow*. 940 Ib at $2 7*. 1 do. 630 Ib. at $2 50; 1? do. 668 lb. "jflHTe Wright & Co • S bulls. 076 Ib. at $3 80: 8 do 710 ib at $3 10; 6 cows. 820 Ib. at $1 25; 5 do. 61 Un r/ucJy!°2 bulls. 880 lb. at $3 15; 3 cows. 800 lb at H ?2 HollU: 1 bull. 1020 Ib. at $3 35; 1 do. 1000 lb MILCH S <Ws-Reeeipt S were 87 head including 42 consigned direct to suburban dealers and 45 for the market- all at 60th street. Trade was active and "rtces were firm. Common to choice milkers, calf Included, sold at $20 and $«0 per head. mlv- , Sal<>a j <5. Curtis & Son: 11 cows and calves, at $-" and $*0 per head Louis Hellbrunn: 15 cows and calves at $45 and * BA.8 A. McCabe: 7 cows and calves at $30 and $90 John Ducey: I cow and calf at $55. CALVKf^Receipts were 1.971 head. alluding. 379 direct to butchers and 1.892 for the market, of which BW were at Jersey City and 1.29« at 60th street eaU were in light supply and firm: grassers ana buttermilks, slow to 25c lower: Western calves active and strong to 2ft, higher The offerings were sold out. Common to cholc'e veals sold at $5.50«58.75 per 100 Ib; a few se lected at $9; cull and throwouts at $4 tin* $5: grass ers and buttermilks, at $S3s3 62H: WeaUra «**«: at $5 600*6 76; ~'.t dresysed TeaM flrrn. a # 84313 c per rr,: country dressed d<\ at 7«lU,r. dressed grassers and hU B -C?£SiZ C -* Bon: 82 veal, £ rb averag,. at J9 per 100 Tb: 224 do. 153 Ib. at $8 .ft, 27 do 16i at $SSO; 16 d 137 m. at $a ■ do, 196 Ib. at $7 50. 2 do 206 Ib at $7: 8 d 0.243 Ib. at $«; 13 do (GuUs). 150 rb, at"*s; 86 buttermilks, 158 Th, at $3 50 W R. Hume: 15 veals, 151 tt». at $8 75: 8 do. 160 rb. at $S 50: 3 do. 198 It>. at $7 00: 8 do. 205 tt>. at $•: 4 throwoutß. 140 rb. at $5: 2 do. 155 Ib. at $4: 100 Western calves 244 Ib. at ?5 75: 20 grassers. 186 Ib. at $3 50. 5 buttermilks, 15« rb. at $3 38. ;„'_''_ :.- George and I, P. Dlllenback: 61 veals. 148 rb. at $9: 1 do, 130 Tb, at $7 60: I do 23 ». at $7; 19 throw outs, 195 IT- at $5; 14 buttermilks. 147 Ib. at $3 50. Andrew Mullen: 10 veals 168 rb. at $9: 61 do. 166 Ib, at $8 75; 2 do. 130 It), at $7 1 throw-out. 2O Ib. at $5 11- 1 do. 130 Ib. at $4 50; 8 buttermilks, 143 lb. at * 3 Je'lilfTe l . Wright * Cb.: '$ veals. 175 Ib. at $8: 20 d. 155 ft. at $8 75: IIS do. 151 Ib at ' $« 50; 72 dr. 148 Ib. at $S 25- 12 do. 145 Tr. at $6: 6 throwouts. 148 Ib, at $5: 53 grassers 187 Ib. at $3 624: 9 do. 190 Ib. at $3 60; 17 but- S3?£&2£E "vla.f-140 Ib. a* $8 50; 9 do. 123 It, at $7 50- 6 do 131 It), at $5; 2S buttermilks. 180 Ib. at $3 25. H. 'H. Hollls: 18 veals. 167 It>. at $« 75. S ' Judd A Co.: 50 veals. 163 Ib, at $8 75; 77 do. 15fl rb. at $8 60; 4 culls, 170 Ib. at $5: 1 grasser, 200 lb. at $3; 100 -Western calves. 240 tb. at $5 80. Tobin & Shannon: 64 veals. 173 Ib, at $8 75; 2 do. 210 Ib at $8: 4 culls. 197 rb. at *5. SHEEP AND LAMBS — Receipts were 30 cars, or 7 10& head. Including 9~» cars for slaughterers and 20"-i cars for the market, making. »vlth the stale stock. 22V» cars on sals, of which 22 cars were at Jersey city and the balance at 60th street. The few sheep offered sold at steady prices; choice lambs were scarce and 15-325 C higher; others unchanged. About 5 cars of lambs were held over. Common to prime sheep sold at $2 752 4SO per 100 rb culls at $1 60; common to choice lambs at $4 50<g$7. Dressed mutton steady at 7®9c per Ib: dressed lambs slow at B*i^l2c — Newton & Co.: 229 Kentucky lambs. 73 Ib aver age, at $6«0 per 100 tb; 225 do. 74 !T>. at $6 60: 190 do. 67 rb. at $6 50; 207 do. 77 tb, at $6 60; 229 do. 71 tb. at $3 5O; 7 Kentucky sheep, 110 Tb. at $4 25. 63 do. 106 Ib, at $3 62i«: 6 do (culls). 78 Tb. at $150. Shippers' Commission Company: 22S Kentucky lambs, 71 !b at $7. 210 do. 67 Ib, at $6 50: 252 Virginia do, 70 ib. at $4 50; 1 Kentucky «h«ep, 120 Ib. at $4 60; 21 do. 107 lb. at $4 25; ' 1 do, 93 Ib. at $3 25. Tahin * Shannon: 226 Kentucky lambs. 71 lb. at $7- 212 state do. 66 Ib, at $5 75. 128 Pennsylvania do 66 Ib at $5 50: 20 Pennsylvania sheep. 106 Ib, at $4 50. 1 do. 80 lb. at $4: 78 do. 96 Ib at $2 75. Kerns Commission Company: 234 Buffalo lambs. 67 Ib. at $5 75; 232 do, 67 lb. at $5 50. McPherson * Co.: 227 Virginia lambs, 68 Ib. at $8 40; 240 do. 60 lb. at $« 25: 49 do. 80 Ib. at $4 50. W. R. Hume 82 Pennsylvania lambs 6» lb, at $8 12^: 20 Pennsylvania sheep 87 lb. at $3 25, 29 do, ft» lh. at $3; S bucks. 123 lb. at $3. HOGS — Receipts were 8- cars, or 5.427 head, In cluding 687 head for the market. The reeling was steady. Reported sales of Pennsylvania and New York State hogs were at $7 05 and $7 10 per 100 Ib; roughs at $6 05 and $6 10. Stags at $4. Sales — & Shannon: 149 state hogs. 185 Ib average, at $7 05 per 100 Ib. 23 pigs and roughs, 161 Ib at $8 05. W. R. Hume: 7fl Pennsylvania hogs. 162 Ib, at $7 10; 7 roughs. 284 lb. at $8 10; 2 stags, 315 Ib. at $4 OTHER MARKETS— BY TELEGRAPH. Chicago, Aug. 19. — CATTLE — Receipts, estimated, about 18.000 head, market strong to 15c higher; st-cr». $4 759 $7 75; killers, $4#s4 63; cows and heifers, $3<gs. s 25; bulls. $2 75353: calves. $ri<6fs7 60; stackers and feeders. $2 6t>® $4 SO. — Receipts, estimated, about 21.000 bead; market 6©loc lower: choice beav-y shipping. $6 Stxgs6 00; butchers', $>J BO£sß 80; light mixed, $« 50#Jf6 60; choice light. $6 70#*«a<j; mixed packing, til 40>£*l £5; heavy packing, $<»sinj-Jrt6s; good to choice pigs, $5 50®$« 35; common to fair pigs. $43*5; bulk of sales. $6 50«?56 6HEEP — Receipts, estimated, about 20,0i\) head: market steady: sheep. $3 s<«jj*4 00; lambs, $4,75956&0; yearlings, $4 10&$5. Cincinnati. Aut- IP —HOGS- Blow; 10©15 c lower; but.-hers' and shippers. $3 90358 95; common. $4759 $5 75. CATTLE— Steady and quiet: fair to good ship pers, $4 750*5 50: common. t2953. SHEEP — Bttady; $1 25(554. LAMBS— QuUt; $3&56 40. East Buffalo. Aug. 19— CATTLE — Bteadjr. VEALS — Receipts. 100 head; active and steady. H<)< Receipts. 3.500 head; slow, good steady; others; 15925 c lower; heavy and mixed. $8 90<557 15: Yorkers. $5 75057; pigs, $36(5 25; roughs. $6#ss 78: dairies. $o©s6 50 SHEEP Excursions. CHARMING EXCURSIONS Up the Picturesque Hudson to West Point, Newburgh and Poughkeepsie Dally (except Sunday) by Palace Iron Day LJn» Steam ers "Hendiick Hu<lson." "N«w Tork" and "Albany." Brooklyn. Fulton St. (by Annex). 8. De»bro«»es St. B:4* and 8:40; W. 424 St.. 9:00 and 10-.00; W. 12»th St. 9:29 and 10:20 A. M. Returning en either boat due *2i at. ».3O or 8:40 P. M. : On Saturdays at West Point run Dress Inspection with the band at 1:25 p. m. MORNING AND AFTERNOON" CONCERTS. DELIGHTFUL AFTERNOON EXCURSION TO WEST POINT STEAMER MART POWELL. Learing Desbrosses St.. 1:45; W. 43d St. 2:00: W. I2»»h St.. 2.20 P. M. Arriving West Point SP. M.. where clot* connection Is made for New Tork with Day Line stsasner "ALBANY." Excursion fare $1.00. Also choice when buying ticket of return by any West Snore or K. T. Cent, train or Cent. Hudson Btr. . $1.10. giving- ample time to see Cadets In Camp. PabUo Buildings, etc. Orchestra on Board. These Excusions Made Dally. Except Sunday. POPULAR EXCURSIONS NEXT SUNDAY LAKE HOPATCONG SOUND TRIP TICKETS CHILDREN s* i jOO e>o cts. LEAVE W. 23d ST. 8.50: LIBERTY ST. 9 A.M. MAUCH CHUNK Gien Onoko and The Switchback ROUND TRIP TICKETS I CHILDREN $$ I .50 7-t> Cts. LV. W. 23d ST. 8.20: LIBERTY ST. 8.30 A.M. ROCKAWAY BEACH Trains leave N. T. Eaat Mtn St. Sta. (via Long Island R. R.). week days. 6:80. 8:30. »:20. l«: 30. 11:20 A. M-. 12:50, '1:30. 1:50. *2:30, 2:SO. 8:*0. 4:30. 3:20. 5.30, 6:*Jl 8:00, 9:00. 10:30, 12:0u I M. Leave Brooklyn (Flatbush Aye. Sta.). week days, 3:04. «:43. 7^o, 8:26. 9:20. 10:00, 10:42. 11:15 A. M.. 12:10t 1:08. 1:55 i!: 29. 3:17. 4:18. 4:47. «:18. 6:47. «JO, 7:05, 8:22. »:45. 11:20. 12:11 P. M- "Sats. only. BLOCK ISLAND, $1.50 EXCURSION EVERY SUNDAY Via I>. I. R. R. Special Express train to Msn— tauk, thence by Str. "Shlnnecock" to Block Isl and. Leave N. T.. E. 34th St.. 8:30: Brooklyn. Flatbush At.. 8:23 A. M. Bee Friday evening and Saturday morning's papers. RED BANK LIIYE. Leaves Franklin St.. Pier 34. N. R.. daiiy. 8:25 A. M.. *:30 P. M. (Sun.. 8:25. 9:13 A. M.); Battery. 8:50 A. M.. 2:55 P. M. (Sun.. 8:35, 8.33 A. M.). for Highlands. Red Back, etc Ext BOc Trolley to Long Branch, etc. CFFISin £f£aV Yfl&if The onl o^Stnal boat WkClflU tiCfff I UfliV encircling- the Island of Vftf> ii T Manhattan. Leaves foot iMUni West 22d St.. North River. 10 A. M. and 2:30 P. M.. every day and Sunday. All points of Interest explained by skilled lecturer. Faro. $1 00. TeL, — Gramercy. Day on Ocean. AL Fosters Imn Str. Aaxlat Its. E. 21st st.. 7:15; Battery. 8:06 a. m. Tkta. Tsr. . ladle*. BOc. Music Refreah city prices. AND LAMBS— Receipts. 800 head: active and unchanged. Kansas City. Aug. CATTLE— Receipts. ll.sOO kaad. Including 2.000 head of Southerns; market steady to strong: choice exports and dressed beef steers. $6 2&3 $7 28: fair to good, $4 15$*6; Western steers. $3 60<955 25: stockers and feeders. $3354 75; Southern steers. $3 30© $4 25: Southern cows. $2 2JV3S3 «•"•: native cows. $3 800 $4 25: native heifers. $3^ss; bulls. $2 6Q@$3S5; calves, $3 25©56 25. HOG3— Receipt*. 10.000 heal: market 160 lower: top. $6 72 1 i; bulk of sales. $6 40£56«5; heavy. $6 7O©s6 724 : packers' and butchers', $6 Ss£s.B 724 ; light. $ogsß 8O: pigs. $3®s6. SHEEP— Receipts. 8,000 head: market Ma lower; lambs, $450956 2E: ewes and yearlings. $3 75©54 25; Texas yearlings. $4 25©54 «0: Texas sheep. $8 50^$4 10; stackers aad feeders. $3 239 $4 50 Pittsburg. Aug. 19. — CATTLE— SuppIy light; steady: choice. $&Ss6 25; prims, $5 35#$fl. SHEEP— Supply light; steady; prime wethers. $4 4G4?54 50; culls and common. $2®s3 . lambs. $3 50@$6. VEAL. CALVES— S7gS7 73. HOGS — Receipts light: active: steady: prim* heavies, mediums and heav-r Yorkers. $7 10©S7 15: light York*rs. $GSO-gS«f.-; pigs. $5 25@55 50; roughs. $s@sS. EUROPEAN PRODUCE MARKET. Liverpool. Aug. 19.— Clewing: WHEAT — Spot, quiet: No » red Western winter. 7s 6Hd; No 1 California. 7* 10% d; futures quiet; September. 7s 3\&; December, 7» M CORN— Spot firm; American mixed. "• 4<i: futures dull; September. 5s 9%d. — Winter patents ateady, 295. BEEF— Extra India mess. 106e »d. firm. PORK — Prime mess Western strong. 77s id. HAll3— Short cut. 14 to in Ib, strong. sa» Si. BAOON — Cumberland cut, 2ft to 80 tb. strong. 50s; short rib, 16 to 24 Ib, strong. 495; long clear middles, light, 28 to 34 aX strong. 43b: long clear middles, heavy. 35 to 40 n>. strong. 47s M; short clear backs, 16 to 20 rb. strong. 4-Ss clear bellies. 14 to 16 tb. strong. 645. SHOULDERS— Square. 11 to 13 Ib. firm. Sis. LARD — Prime Western. In tierces. steady. 475: American refined, in palls, steady. 475. — Canadian finest white, new. firm. SOs 6d: Ca nadian nnest colored, new. Sis 6d, firm. TALLOW — Prims city steady. 26s 9d. TURPENTINE— Spirits quiet. 27s 6-1. HOPS — At London ."Pacific Coast), steady, £1 18eO£2 6s. LIXSEET) Steady. 25a. PETROLEUM— a%d ROSIN" — Common easy. 23s 6d. ' ■c -RATT.-R.nAT> EARNINGS. CANADIAN NORTHERN. 1908. 1907. 1906. Second week in August $187,600 $190.^00 $103,600 July 1 to August 14... 1.07Q.500 1.327.000 673.200 COLORADO * SOUTHERN. Number of miles . 1.841 1.663 Second week In August $277,197 $195,914 $251,230 Jury 1 to August 14... 1.734.665 1.647.700 1.523,778 IOWA CENTRAL. Number of miles 658 55" 55* Second week In August $52,555 $57. 000 $58.?05 July 1 to August 14... 317.578 359.237 84«i..%44 MISSOURI PACIFIC. Second week In August $874,000 $971,000 $937,000 July 1 to August 14... 5,204.005 6.733.443 6. 409,000 (Central Branch.) Number of miles . B*B SSS 883 Second week In August $30,000 fJS.OOO $32,000 July 1 to August 14... 156.530 204.357 202.00» MINNEAPOLIS A ST. LOUIS. Second week in August $70.04? $75.548 $77,117 July Ito August 14... 449.152 622.236 489.005 ST. LOtRIS SOUTHWESTERN Number of miles 1.288 1.298 _l-»J gecond week in August $171,037 $212,113 $''4.53.> July Ito August 14. 1.116.258 1.254.914 1.0f10.793 SOUTHERN. k™F£~< «5 «9 *;.jsl July Ito August 14... 5,666.45j0 «.»»«,»«>. «X>i4.uw TEXAS & PACIFIC. grfiTS-fir^ Tsll^T $ Il^ «SS® $%™ CHICAGO GREAT WESTERN Number of miles --??? Sl5B VI) SISZTi !u^i w^Au nn gg A 7us::::7 us :::: %:JiS *^:i2. i S&4ii BALTTMORS & OHIO. Month of July — . „- . ma 4.030 Net earnings $2.aa4.0W $2.804,588 $2. 1 *i.86» ELMIRA & LAKE ONTARIO (Northern Central Railway, Lease*.) April 1 to June 30— „,„„-, .„, an* «?»:?« Gross earnings *££!£ $ iol fl2 lislll Operating expenses — ..503 03 - 91 - 1 zlb " s6^ oSS ,SCr.v.:::::_^S J^ _^Z oSafr?::::::- « 'SJS 'gg. Peflcit $».0»7 «>-Jawl •* 4 * & * •Surplus. ELianRA & TLLIAMSPORT. (Northern Central RaUway. Less**.) G^Va^inS*. 3^.. $575.5.««8 $501,293 $348,970 Operating expense..... 282.620 397 738 887,706 Net earnings IwS.swS SMMwJ $61. 265 Other Income 1.331 ___ZHH3 |*ja.^-i ;::::::: $«T.IBB $103.563 ; |«5 Charge* T1.»31 4«5.«l Surplus $»T2S7 «8«.5»4 ~^s? •DetVu. SAN FRANCISCO STOCKS. Ban Francisco, Aug. 19.— The cfflclal closing quo tations for mining stocks to-day were as follows: Alpha Con 04 .Kentucky Con M Andes 12 ) Mexican 79 Belcher 1? Occidental C0n..... .20 Best * Belcher — .4» Ophlr 2.15 Bullion 15 1 Overman 07 Caledonia — ... 13 Potoal 07 Challeng» Con Art' Savage IS Chollar - .18 i bag Belcher ...._ .02 Confidence - 50 Sl«:rra Nevada 2* Con Cal * Va fcl|St Louis ~ 04 Coo Imperial .OljUnlon Con '."» cruwn Point - ' 'tah Con.. _. .03 Gould it Curry _. .1" Yellow Jacket .54 Hale & Norcrosa ->' CHICAGO CLOSING STOCKS. American Can « | National Biacuit ax«f.. .1171, American Shipbuilding. 48 People's Gas jw do pref 101 I PneumaUo Tool 2ttH A Booth Packing pref. »l\, Street's Stable Car 2S^ Chicago Subway 2l»i| do pre< w» Commonwealth EdUon . , Swift & Co 103", Diamond Match 133*» South Side Elevated.... 45 Illinois Brick... 83 1 Sears-Roebuck aaH* Kan City Ry * L pref. T2H do prsf fii National Biscuit $w > For Boys a: : Men— City. 50 YEARS OF FAITHFUL WORK The Packard Record and Reference. NO "SOLICITORS"! FALL SESSION OPENS TUESDAY, SEPT. I. PACKARD *• COMMERCIAL SCHOOL Fourth ATenn* and 2»a Street. New Tor*. Day and Eftniaf. 29TH YEAR OPENS OCTOBER 1 Berkeley Columbia SCHOOL triar-lllrti-T- INSTITUTE "From Primary to CeHea;er _ . ._ Prepares for all College* and Technical BawMla. Primary Department. Manual Tralnlag. optional Mili tary Drill. Laboratory. Afternoon stu*7 hoar. -■» serving the best features et beta sea-oeia. I'.luetrateal Catalomo sent up»a request -:d STREET AND west end ArTSTTB. EDWIN FO^VLF.R.? L' a , J^-^fj-j J. CLABK RE.UJ.J fiSdUlliao tsls MANHATTAN COLLEGE CStrlsttan Brothers. Boarding and Day SeaeaaWaV j Broadway and 131 st St. New York. COl'R'K- LEADING TO I. i. I B. 3. Enffineerinu. Modern Lansrnages. General Sdnxee. I'rdasoeir^l and C»mm»rfUl CwfaTMlf also a rrepairsjtary Department. Reopens Sept. 9. BROTHER PETER. Pililia* IRN'ING SCHOOL X- D. BAY. 35 Wee* «4tb St Sinai! classes for boys from seven years upward. NO HOME STUDY FOR BOYS UNT>E« FLTIBBW. Year book on reaiueat. Barnard Sohool For Beys COLLEGE PREP. A GRAMMAR. T2l St. IC'.cholaa AT. KINDERGARTEN 4 PRIMARY. 1 '"»4 "W«et 122 d St. 23D YEAR BEOIN3 SEPT. ?STH. CATAtOT, T7TRIHND3' SEMINARY. FRIENDS" BCHOOI* 220 TO JJ 223 East i«tf. St., N. T. ; 110 •> lid aetunnertUßat St . B'klyn N. V— KINDSBGARTEX aad PREPARA TORT SCHOOLS for GIRLS and BOY 3 NVm-3»etarlaav For Both Sexes — City. THE BERLITZ SCHOOL OT ULSGVAGXS. Madison Square (1123 Broadway V Harlem Branca. S4S Lenox Aye . c.ar I37tn St. Brooklyn ■ 73 Court St. FRIENDS' SEMINARY. FRIENDS 1 SCHOOL, 220 to 228 East 18th St., N. T . : 110 to 113 3et«rr»erftom Bt B'klyn N T.— KIKI>BRGARTEN ad PREPaRa- TORT SCHOOLS for GIRL* aad BOTS. Noo-aectartaa. Catalogue sent on request. INSTITUTE OF MUSICAL ART of the City of New York. Frank laiimra. IHnK— , 53 Fifth Avenue. Corner Twelfth St. Catalog- by maH. Yeun^ Ladles — City. De Lancey School for Girls 201 West 83th St.. Cer. Weet End *«. ZZth. year begins Thursday. Oct. Ist. Elementary. Hiri School. College Preparatory and Kladercarten r^rcirt m.m. Classes for small boj ■ Tear hook on ajpl* nation. Barnard School For Girls COLLEGE PREP »nd GENERAL. 421 West 14Stl» St. Klndercarteo. Primary and Graauaar. 123 ■«"•»! 14S at. 13TH YEAR BEGINS SEPT. 2STH. CATAXOG- FRIENDS 1 SEJMINART. PBIEXDS* SCHOOL. 220 TO V 22S E*at 18th * . N. T. : 110 to US gcterraerhora Et B'klyn X T -KINr>HP.'~iAP.TEN aad PREPARA TORY SCHOOLS for GIRL 3 and BOYS. Non-3ect*rtaa_ For Boys and Toons Country. ST.PAUXj'S SOHOOIj GiF.I)E.V CTTT. LONG ISLAND. 51. T. A boarding school for beys, elsnteen mile* from New Tor 1 * Prepares either for i?o'.le.a-e or B istnnea life Efficient corps of teaetiers. well appointed claaa rooms, laboratory, library, gymnasium. s»iaamta* pool, athletic field, etc. To every boy Is aaatgraeel a, separate room. Illustrated catalogue on reaaeet. WALTER K. MA»H. Head blaster. THIS CATH£DI»I. SCHOOL OF SAINT PA.XTL. GARDEN CITY. W. T. Worrall Hall Military Academy £*££ Ideal home b«ardin« school. Prepares for Collass er Bualneaa Primary Department. Sanitary conditions perfect. Illustrated catalo(rs*a. Address rriaetpsj. ST. DAVID'S HALL. Th.?rou«;n preparation for bora. O runs— or business. BeT. 'W3t L. EVAXS. It. A, ecarsdaie. N. T. For Toons Xadles — Country. Miss G. E. Mason's Suburban School For GIRLS. THE CASTLE. Tail/Is— — ■■a\e— 1. X. T. All departments. CoH*>»(» preparatory. a;r»Uua<i«aj and special courses. For circular address Miss C. E. MA3OX. IXJi.. I^e* B«x 711. RYE SEMINARY 1 — Mr» S. J. LITE, Th« Iftusa STOWTB. R7-. Bear Term. ■ai St -J« ( .L..| FOB GIRLS. Horrtscown. W. J. IHtlDaHsl 8 sCnoolcslirhtfal New Tori suburb, ftreduatln*; course. Music. Art. Lac«ua«ea Certiacat* admiu to leading ooUege*. TermsJOOa ijpena Sept. SQL For circular apply to MISS LOUI3E L. NEWELL. Prta. nXAjIRTTOWN-ON HUDSON. >-. T. THE SUSSES I Metcairs Bearding and Day School for _»tr!«. Co*. I*C« preparation, physic*! culture, tennis, basket ball. MORAVIAN SEMINABT FOB GrRLS. BETHLEHEM. Pa. Foun4»d 1749. 159ti year opens S«pt 23«1. Address J MAX HARK. P. P.. Prtn. For Both Sexes — Country. NEW TpRK. CHAPPAQrA. ■WESTCHE9TER OL -«l ! L GHAPPAQU& MOUHUIH IHBTITUTE SSSr. for boys and girl, under S-»dety jet Prienda. Oil ism PreDaratory Com3i#rciai. Manual Training. Mnsia ami Art Courses. 33 miles from New York: 40 acres. «• feet iievaUon. $8«» to $37» a year. Separate 1 lirtiaf and Home Mother for you.-.g dOawem New Oymn— till catalosue. Opens Sept. 21st. Riant location. new buiid»n«» acror.n fatuity. &i»t> standards, low rat*s. attract best pustis to Centenary Collegiate Institute H»c*eK3!.>«rn. N. J- AdJresa for c*taio«u». -iuWATtUM m. MEEKER. ■"■ " »>r«aide.- - "VFW TORK i 74th *•"■ «wa»a B*vt. 3A. UM\ER>ITY I Afternoon lUce, 8:30—4. T %.XXT firliOOL' ETeala« Claee. S— l«. LAW SLUUUIJ^ De«reea-LL.B.. LL.M. J ok. v i^^^'C^r^ram»«.ii^' Sec. WashlMton S». X. T. , M -, ,l ;k Da>j Seatoea. 174 Fnlkaa St. School Agencies. AMERICAN AND FOREIGN TKACHasW AfiXWI supplies professors. Teachers. Tutors. Governess**, earn* to Coll«K*s Schools and Families. Apply to Mr J M. J TOCSa-FCLTOS. 23 Union SanareL NEW YORK AND OTHER GAS SECURITIES. Bid. Asked. 1 Bid. AaaeeV vm Lt * Tr... . 112 ' •Jackson Gas Ss. » U4 do pref »1 *» '^*r City G s*. M M B*lt con «» 102 Vi 103 iLafayGas Ist «*. 31 +4. do con I»t 5».1«1» IPO LAW Va Ist «• 37 » •Bingham a 5». 96 101 *iU.i iWi Ist &•.:■•! 104. UuSa'o Clas V& 3 Mutual 143 16» Uo 5s .56 M •NAoGltth.H $• •C*n Un G Bs.. »7 101 «N Y*E P. 5».l«ll I©* Chic Coa Ist 6s. 102 U>4 'Jo cob 5. .»i $« C r-\i4' con e5.117 1*» Ohio * lad \i «m. Xk 3* •Ch P « r-- 5«.1Q2 104 | Paterson 4 P G. TO TS Con Qu SJ5* 81 90 ; •!'•.•. •-» Con Q ii. » ST Denver Gas 9* "7 '9taavUrd •« 79 •,to 5, S7 9>y I do pref .■« 100 •do rr lien ss. 99 Ml |a Ist 5« 100 MS •Ea Ist con 5».1J2 lutt »3t J Gas 3e s3 $• Fort W Ist •»..«! 44 ■•»?Qcb ee.lOO I<H I N a A O 5e . «4 »* $1 U* Tr 1a... si 80 I N A I G Ist 6a 14, 14 ,3t Paul Gas 55.. 38 ffJM_ IndUuiapaUs Gas 31 40 | «syr» G Ist 5e. . ft*), I»t2 •i . Ist »».... M »3 ;»yrs> U4 PS*.. « •» •And Interest GOVERNMENT BON The following shows yesterday's closing Quota tions for fOTtrngwnt bonds, compand wlUi Tnaw day*»: — Aug. IS.— —An*. tk.— Bid. Asked. Bid Asked. U. 9. 2». registered. 1K» H>3*i :h<% 10S»i 104* V. a -: coupon. 1930 104 100 lt>i M» IT. 9. as. r««laieted. IMS 101 101 =* lot 101S U. S. 3a. coupon. IMS 101 ioiv« 101 jai-i U. S. B*. small bonds IMMsj — IM»H — U. S. 4s. re«tatered. 1823 1»^ 121% !3Hi t»% V. 3. 4*. coupon, 193 123*» 123 . . 111=* .U» Puaau as, rtilitMtd..: 31 VHZT*. 10M» .-»% II Instruction. Lotr Schools.