New-York tribune. [volume], August 27, 1908, Page 11, Image 11

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Image provided by: Library of Congress, Washington, DC

                
fSFAIrt.SAYSBBOWXCO.
trATKMEST OS FAILURE.
r-Unr<rc That the Finn Did Not
Have Adequate Chance to Recoup.
HP immediate cause of the suspension of A. O.
-i £ ,-.. last Monday, it was learned yester
■"" mag the refusal of a large downtown bank
&a \md th , firm .«::.: rn«'."««i» on .<t.<nh ».<«•«> Ameri
10 ! T^arco bonds which it offered as collateral.
Giber banks had refused to certify the firm?
hecks and it Ti"f(i'-i "lis amount of money to
tt!e up *'•- contracts of Saturdaj-. When the
V n wa? refused the firm threw up its hands
." r . th*> Stock Exchange authorities of
ttf jr ,. : bility to continue. It was said In some
Barters yesterday that when the hanks discov
" e<3 that A. O. Brown & Co. had he<»n largely
aajaasfMe foi the manipulation in Saturdays
remarkable market they decided then and there
jj put them out of business as a warning to
oth«r.s similarly • lined Bankers said, how
ever, that no bank would, as a rule, t;)k»^ such a
larpe block of industrial securities as was offered
la this instance as collateral for a loan, even
Bassarl •:■: were of the highest class, which
American Tobacco bonds are acknowledged to be.
Early this morning Mr. Kuchanan, his as
sociates. Mr. Brown and Mr. Young, being with
him in Mr. Brown's apartments .in the "Wal
dorf-Astoria, gave out the following statement:
In view ot tht- conflicting rumors that are current
1 *;=:) i" tiviiy that our suspension was aue in any
wrf "... ■■■ -, ■■■ Luaiions of any b*tnk or trust coni
i*ay oSntaila or to uiiy wUctaui \A the Kock Island
JJJJaJpany. Mr. Lawsun or any til the gentlemen so
'zr xiifmioi^-ii. 1 very much deplore the circulation
ol su>ut.« itiiit are likely to naaveci upon Innocent \
XlnJea particularly wlicn such stones have ii"
iasis in tact. 1 »iii lie: at tills linn disciose tne ,
luTim.- of any 01 our principals, as you will concede
ma; un;:l tne Bran's an.i.!.- ara .st;itislit«no>i out
aadi Information must be iuld trom evvry on« but
°7'i^ aiurnoon Mr. Brown, Mr. Voting and my
ii Mr. Brown. Mr. k'ounjj and my
<e'f «cere summoned to the New York Stock t*
rMTiw in connection with the Dv«stijtation belns
conuui-ieU int<> last Saturday's business. We »>•"•
un-n. • 10 answer all •:■•■ questions put to us with
out referrins to our books, ana some of th<- tjues
uons were of such a character tnat we coiiz-icered
•them impertinent. One of the questions wa* ;n re
gard to one honored snares Ot Canadian Pacinc
vhicii was tendered at our window on Monday
i^oin a nrrr. wnich owed us tlie stock, and which
we .v..-: another rim;, according to the Oeartne
Hou^e tickets sent out as. usual every morning to
ail tbe brokers of the exchange, after the Clearing
Hou*e has figured out the most convenient method
of clearing me business of the preceding day. Mr.
Brown and Mr. Young were both on the Stock
Exchange, and 1 was diligently hustling around the
Street, with collateral under my ar™, in the en
deavor to make loans suflicient to induce our banks
to giv" us suaiclent certilication to handle the
enormous business we bad to put through during
tiie day. As is a common custom throughout the
Street, one of our stock clerks received the cer
tificate for one hundred shares of Canadian Pa
cin- and delivered it to Tripp & Co., who gave
us their check for the proceeds, which was depos
ited in bank in the usual way.
L»ur:ng the investigation by the special Stock t.x
change committee this afternoon great importance
feined to be placed upon the transaction because
our clerk did not give a check for the one hun
dred shares of Canadian Pacific when it was
thrown into bis window. After we were dismissed
from the Stock Exchange committee room, this
afternoon 1 investigate the case, and our clerk
explained that he was awfully busy and had told
the boy to call back for his check later (this Is a
very frequent occurrence in all brokers' offices on
all very busy days, when check writers art- neces
tH After our assignment I have a Blight recollection
■ .-- gnment 1 have s glikM r*co'..e<-tion
that a member of the firm which delivered the one
hundred shares of Canadian Pacinc to us came to
„U rU r ©flic* and complained that he had not received
Jiis check. He was told that we were sorry that
he" had not brought the matter to our attention
♦•arlier as the firm was in the hands of an assignee
;;nti fa "lawyer, and that we were powerless to cor
rect any errors made during the day. but I imme
diately introduced him to the assignee and request
• d the assignee to take up the case at once and
straighten It out. .. ......
I wa*s amused this afternoon to learn that Kgal
action was likely to be brought against the firm
immediately for conversion. The matter is, 01
course, of little importance, but it is due the public
us well as ourselves to have such matters under
j-trn.ii before they have an opportunity to reflect
discredit upon innocent people and stir i»r undue
apprehension in regard to the firm's action and
present position. Th« firm which delivered the one
huridre«3 Pharos of Canadian Pacific accepted a. re
< «>ipt for it after the assignment by A. O. Brown &
<"o The amount due •will, of course, be taken care
< f with tlie claims of other creditors. The Stock
Kkchange special investigating committee appeared
highly indignant and angry because of the position
taken by members of our firm in declining to an
swer offhand the questions put to us.
We have, however, written the following letter to
the secretary of the Stock Exchange:
"In <t»nnect!on with the interview we had with
your committee to-day we bear to say that inas
much as we were unable, to answer many of th"lr
questions without referring to our books, we shall
t«-; glad to nave your committee examine the books,
provided the assignee has no objection, in- order
that you may get full and accurate information
•upon all th* points In question."
You asked me the cause of the assignment. The
assignment was brought about by the refusal or
Bar banks to give us the usual daily certification
if. take car* of our bu^ines*; also the attitude
tak^n By the official? and members of th*- New
York Stock Exchange. The firm's position was
sT-ong and it -was perfectly able to meet all ob
iiratloTis. and would easily have avoided any
trouble had it received the fair treatment that
It had previously been accorded, but when th«
markrt became excited because of the rush of
brokers covering nur contracts ("which the hanks
had refused to give us the Ufrual facilities to de
liver), we reported to the president of the Stock
Exchange thai in view of such a handicap we
would . spend ■:■-' matter could be adjusted.
A'l th»» loss sustained i? du^ to the bidding up of
prices during the ration of buying in the stock
t?iat v w^rr- to deliver. ."'.'- T
Our liabilities and assets, from what figures T
am able to ascertain, will Tint shrrx a very wide
gap.
The committee of five, which President Thomas
was authorized to appoint at an extraordinary
meeting of th" governing committee of the ex
change last Monday, for the purpose of Investi
gating Saturday's stock market transactions,
■was ramod by him yesterday, as follows:
Ernest Groesheek, chairman; H. K. Pommy,
Charles "W. llaury, R. B. Doremup an«i Albert
E. Gpodhart.
The statement given out at Albany by Martin
H. nijam the Stat* Controller, that th« firm of
A. O. Brown & Co. had purchased only $3,000
worth of jirnrk transfer tax stamps in July and
August, ■whereas, as they had traded In 750.000
»>h;-.r<-v of stock on Saturday. they should have
Hied 515,000 worth of stamp? on that day's
transactions alone, to comply with the r**qulre
aaajntsj of the stock transfer tax law. caused con
siderable -TTin-.'»nt in Wall Street. Brokers said
that Mr. Glynn did not understand the situation,
which was that the firm had "given out" th«
orders t.> oth<°r brokerage houße», who had pro
viSed the necessary stamps and charged them
to A. O. Brown & Co. The same explanation
wsf given out at the offices of the failed firm
and by George W. Ely. secretary of the ex
change.
John W. RhoadeF. the assignee of A. <>. Brown
& Co.. and his attorney. Dix W. Noel, were
hard at work yesterday on the books, of the firm
trying to pet at an «stimate of Its liabilities,
but. owing to the extensive character of the
business which precipitated the failure, no state
ment would if possible for some days yet, Mr.
Noel said. It Ik generally believed, however, as
Ftated in The Tribune yesterday, that the lia
bilities will be at least £-J.~* *>.<*** and may rt-ach
f3.ono.oiin
In banking circles it was said that steps had
been taken to prevent, in so far as possible, a
H;read of the difficulties, and as a result of
these assurances there was a general belief at
the close «,r btawjseafl that the crisis had been
1 passed. • . '
; It xras learned yesterday that as a result of
I the recent sensational developments on the New
Y«.rk Stock Exchange there was a movement on
I loot to have th.- authorities of the institution
j appoint a special j>e.rmanent audit committee,
Mtti the power to inspect the books of all the
i iJH-m!,<ri- at stated intervals, and to make spe
y_ cial examinations whenever it was thought
Proper or the need of such examination was ap
parent. This suggestion *** already been made.
It is said, to the governing committee of the ex
| thange. and ii Is understood that It has the
j backing of a number of influential members.
The plan suggested ■ that the audit commit
tee shall have power* similar to those of bank
y
%: The Hvstem of having an exchange, audit com
■*t« ie In use a! the present time on the Paris
Bourse, anil has been efficient, it is said, in pre
venting scandals and anuses such as have oc
curred here recently. Many of the old and con
servative element on the exchange are known
to be bitterly opposed to the highly speculative
and plunging (.[^rations which have \^d to re
<ent failures, and are fearful that the good name
Of the exchange will suffer irreparahle injury
unless some method of preventing these spec
tacular doings and' consequent scandal? i^ de
vised. Again, it is feared that unless the ex
change takes the initiative, legislative measures
wil: l»e passed which might cause a great deal
of trouble to the exchange and its members.
SHELLAC FIRM FAILS.
Large Claims Against Rogers &
Pi/att — Receivers A p pointed.
The failure of one of the largest shellac firms In
the country was announced yesterday, when Judge
Holt, of the T'niterl States Circuit Court, appointed
two receivers for Rogers & Fyatt. dealers in and
manufacturers of shellac at No. 129 Front street.
Franklin B. Kirkhride and Runyon Pyatt. the two
receivers, were appointed in an action In equity
brought by RaiM Brothers, of I^ondon, N. V.. and
Henri' B. Chatneld. of Elizabeth, N. .1.
Rail; Brothers have claims upon the firm for
material furnished amounting to $"06.R53 94. The
other party to the pult for receivers. Henry S.
Chatfleld. owns <"■'>* shares of the capital stock of
Roger« d- Pyatt. the value of which is given as
je.'.oori.
RFC FIJ'FRS XOT READY.
Will Continue in Charge of Milliken
Brothers. It Is Believed.
The extension of time obtained last month by the.
receivers of Milliken Brothers expires on Tuesday,
but it waß learned yesterday that a further exten
sion will probably be asked for. as the condition of
the concern is not yet such as to permit of a wind
ing up of the receivership. From present indica
tions it is believed that some months will elapse
before the company Ik returned to the stockholders.
The plans for the reorganization of the. concern
have noT advanced so rapidly as was expected, it
is said, because the general financial conditions
have been such as to prevent the raising of addi
tional funds necessary for a reorganization. The
rehabilitation of the company also awaits a more
pronounced revival in the steel industry. It is stated,
however, that the business of the Milliken company
is of fairly good volume, considering general condi
tions, although the earnings are of course, consid
erably under normal.
Since the repe.vers t"ok charge of the Milliken
concern, on June 31, IST. they have succeeded In
materially sfength* ning the operating organization
of the company.
HOLD TONS 0* ALLEGED BAD EGGS.
I>«-troit, Aug. 26.— Seven and one-half ions of eggs.
every- one of which is alleged by the United States
government pure food inspectora to be bad, hay
been held at a local cold storage warehouse sitn-f
July 36, pending an investigation as to what use \i
was intended to Stake of them. It is claimed that
the eggs wore gather.-d in an already spoilt d condi
tion in tiie vicinity of Cincinnati and that they weir"
shipped to I*etroit to be used in the manufacture of
fancy cookies and crackers
FOREIGN COMMERCE EETTTRNS.
The chief of the bureau of statistics. Department
of Commerce and L*bor. reports the classification
of Imports and exports for July and for the seven
months ended July 31 as follows:
IMPORTS— JULY.
IHn«v ]f»r>7.
Frrwjßtaffß in natural vtate and
food animals t11.703.526 (13.CZ7.T87
Foodatuffe. part or wholly pre
pared ; 11.04C383 12.100.M4
Crud^ material for uce in
manu£fieturln«r 26.BSS.2fKi 3.'..Wi7.2K7
Manufacture* for further ua« In
manufacturing IS.7OS.OfC 26.0M.K23
MRnufßct-.ir^s ready for con
sumption ". JMM.7RI 36.27R.753
il:soellan*ou« f>hrt.42s 744 i*-
Tntalß *56,4!4.Cfc» J124,&30,!MV;
nOMEFTJC EXPORTS— JUL.Y.
nut. 1807.
Foodstuffs in natural Ktat* and
foo<l animal* 240.917 1U.08D.983
FoodFi !T». part or wholly pr»
parad „. 20,2«T»,.V>fl 27.744,13<>
Crude material for un In
manufacturing; 1£.8P6.472 IP.I»R.W»
Mar.nfa for further use In
nmnnfarrnrlnaj 17.247.511 21.r>2?.40;»
Manufactures reajly for con
numptSon ... BK».P2!> tS 818
Mlsceil«n*..'U«i „ 158.C42 °7.-, -:.4
Total «iom«!«tlc 1101.^3.627 (125.884.049
Foreign merchandise, exports.. LMBwHB -7'T.l 1 "'.
Total exports 51(i8.1ft0,026 (U&585,285
IMPORTS— ~u\~v.s MONTHS.
l»f'«. \wr,.
F«yJ«tufT» In natural t>tat<> an .
food anlniftlß *7R.032,a73 V.5.2>i
Frmfljrtuffß. part ir wholly pr»
pared 93.7(18.451 VX>.Bsl.lK?
Cru<J« material tor vet In
tnanufac-turtntr 1!V),»3«..2»n 2^k.7»M.WV<
ilar.ufacturvF for further u»« In
ma.nufa'-turlnK : 87.559.853 K».flM.a<i«
Manufactures ready for con
numjitlßn 1.12.W7.riS. 1 » 217.52R.3!>f.
BBaeellaassss 4.825..V» 6.207.<»'»'*
TWal impnrtt $GO*,WVi.7P4 $R70.U0.141>
DOMESTIC EXI"ORTS— BEVBN MONTHS.
1»OB. ItW7.
Fot«lmu?T« in natural state and
food animal* $57.f1«4.147 $B.%.]s7.<Mtr>
Foodstuffs, part or wholly r>r*
par«d .... 1W.127.75S 20ft 418. «2S
f"rud« material for un» in manu
'a-: :rfn , 2«7.82ft.ef.» 2fi7.W5.M.T
Manufacturer for further use In •
manufacturing 14ft.117.niS l. r .«,R2« 4*«
Manufacture* ready for eon
Fumptlon 273.<W0.7«4 292 074 »7«
Mlccellaneous 3.fC>A.n3A 4 t»<c>.oy\
Total <V>m»»!tlc tMH.2M.2f-?> 1.051 .444,814
Vnr^srr. mflse. eirported 14.7in.7fi4 17.tW.~na
Total exports ...*f»fto.9&7 Ji .o^f>.n>f,,ntn
CHICAGO GRAIN AND PROVISIONS.
Chicago, Aug. 2B— Further delay to harvest oper
ations in the Canadian Northwest due to wet
weather was the chief <vui<««> of a strong tone in the
local wheat market to-day. Corn, oats and provi
sion? were firm as a result of the strength of
wheat.
Reports of additional rain In the western prov
inces of Canada greeted traders in the wheat pit
and brought out a fairly active demand at the
opening, which resulted In Initial advances of V&Vic
to lie%c The wa'-her map for Minnesota and the.
Dakotns gave additional stimulus to bullish senti
ment, the official forecast being for rain to-day in
tnos*> three Important spring wheat, states. An
trading progressed reports began to circulate In
th« pit which told of a revival In export business
for both wheat and flour. Bales of cash wheat
here were, reported nt IM.OOO bushels, the bulk of
which was for export, and Kansas City reported
an equal amount, most of which -was for shipment
abroad. The, total sales. Including 14 boatloads of
durum at New York for Mediterranean ports, were
estimated at 412.00T) bushels. Minneapolis also
claimed exporters were liberal purchasers of flour.
These advices caused the market to rule firm nil
day. The close was firm at a trifle below the high
point and at net gnins of %j?Uc to %c, compared
with the previous close, Clearances of wheat and
flour were equal to 650,000 bushels, Primary receipts
were 795. «0" bushels, compared with 721.000 bushels
the corresponding day a year ago. Minneapolis,
Duluth and Chicago reported receipts of 461 cars,
against 381 cars last week and 29S cars a year sen.
An advance of V in cash corn, smaller accept
ances from the country, and the strength of wheat
were the chief reasons for a firm market for corn
following an easy opening. The market was bear
ishly affected at the start by continued good
weather for the new crop. I^eadlng commission
houses were active bidders, but offerings during
the greater part of the day were light. Local hold
ers told quite freely late in the day, and this caused
a loss of a great part of the earlier gains. The
close was steady, with prices unchanged to \i©*»c
hicher compared with the previous close. Local
receipts were 224 cars, with 60 of contract grade.
Oats were strong on buying by cash houses,
which was based mainly on continued light accept
ances from the country. At the sample tables cash
oats were He higher. The market closed strong,
almost the top point, final quotations showing net
gains of %c to %c for the day. Local receipts ->er«
159 cars.
Additional sales of lard to exporters were chiefly
responsible for strong tone in provisions, although
considerable decrease in the amount of hoc re
ceipts at western packing centres was an important
factor. Cash Interests and local packers were the
principal supporters of the market. The close was
arm at net gains of {fee to 10c.
" estimated receipts for to-morrow— W heat. 65 cars;
corn- _ij <" vr * v oats. 215 cars; hogs, 19,000 head.
NEW -YORK DAILY TRIBFXE. THURSDAY AUGUST I*7. MiR
IRON TLADE CONDITIONS.
"The Iron Ace" says:
"In the Birmingham district, in Virginia, in Bast
em Pennsylvania and in the Chicago district pro
ducers of pier iron are maintaining a considerably
firmer attitude and are booking some business at
better prices. The Buffalo district is Belling quite
freely in New England. Is dominating the Hudson
River Valley, and is snipping into the metropolitan
district, with the aid of canal freights. In the
Central West, in the Pittsburg district and in South
ern Ohio the attitude of makers la more uncertain.
Statistics Covering forty-three blast furnacea in
eastern and central Pennsylvania and in Virginia
show a decline in stocks of close to 15.080 tons and
an increase durinp one month in orders from
close to 235.000 tons to over SBo.OQO tons. There has
been considerable movement in pis iron in the East
durinfr the last week, and there is quite a larpe in
quiry. One maker of cast iron pipe purchased
15.000 ton«. The Pennsylvania Railroad has bought
an a^r^resate of 10.,V>0 tons of pie iron, taking 660
tons, of foundr- iron from two Eastern coke fur
naces, and 4.f<00 tons of charcoal iron, of which
I.!**) tons was from New England. 1.500 tons of
Lake Superior and 5™ tons Southern. Sales of
basin pig iron include one lot of o.noo tons of Vir
gt|na for a New England plant. LSNtou, Eastern
Pennsylvania. al?o for New England, and ;>,<X>n tons
for Philadelphia district
•*Thi>re is some reference made from time to time
on, the subject of shading established prices. It
Is 'true that such concessions are l«»tng quite widely
made, but they do not extend beyond $1 or $2 a ton.
an.l are not regarded as troublesome. Pom* 1 week?
agin - the plate makers had occasion to compare
notes, and promise a more strict adherence. In
tbe light rail trade, in which the rerolling mills
play so important a part, the situation is more se
rious, and the large steel mills ar« taking a hand
in the struggle. New rails, weighing from 25 to 4S
pounds, have b*>en"sold as low as J22 a ton. The
placing of an order for 1,000 standard steel cars by
the Chicago & Alton road, which would call for
9.000 tons of Steel, is regarded as the forerunner of
more liberal buying in this direction."
•■The Iron Trade Review" says:
"Orders for lake vessels and freight cars, which
will require about twenty-five tons of plates and
shapes, with negotiations pending for ten or twelve
other lake vessels and numerous inquiries for cars,
have greatly improved th« tone of the finished ma
terial market In addition to the large orders
placed, specifications on near!;, all finished lines are
coming in satisfactorily. The orders for lake ves
sels, foreshadowed last week, have been placed by
the Pittsburg. Steamship Company, the vessel de
partment of the United States Steel Corporation,
with the American Shipbuilding Company, each
vessel requiring about five thousand tons of steel.
The plates will be rolled at the Homestead plant of
the Carnepio Sue] Company. The ordering of lake
vessels during a season of great depression in lake
traffic indicates confidence that this year's inactiv
ity will be followed by yean of gr>-a; prosperity. "
SECURITIES AT AUCTION.
The followlns: sfcurili^s were sold at auction yes
terday at the Exchange Salesroom by Adrian H.
Muller & Son:
By order of executor
1" shs. Trust Co. of America. 800
For »<v><-iint of whom it may concern.
;{<■> Fhf>. International Power Co. common .. '-'"
2.V> Mb. International Power Co. prefd 4"
3<«» ghii. International Power Co. common 1»
200 rh* American and British Manufacturing 00.
common ! '"*'
ft shs. Commercial FJnveiope and Boa Co. of
Pir.shamton, N. V. . , '"' *•"■'
$30,000 Oklahoma Central Hallway Co. first mort
x&«e S p«r cent Bold bonds, due I>%cmber 1.
IMS lot.Jl3.o*K'
t".000 Atlanta. KnoxTllle * Northern Railroad con.
4 ;,„. cent bonds. due SMB.. . ...... M
J2T«.o<vi rtah * Northern Railway first mortgaire 4
pet rent >tuarante«vs extended bonds, due 1933;
Interest. January and July; accrued interest
from July 1 last to be charged to purchaser »i%
$10,000 Morris «- Essex Railroad first inortßajre I per
—nt bond* due May. 1014 n<|*
ion ana. Oarnecie Trust Co „• v " ■.%,-*?
4.107 shs. San Qrecorio Minlnit 4 Railway 'V lot J-v.
$1,000 Plttsbunr. Tiir.B-harr.t * Eastern Railroad
first mortCMW 6 per cent bonds, due April 1.
18."ifl; ex April. 1808, coupon ■ »•'■
]O shs. Lafayette Trust Co. of Brooklyn J»
2. 1 ) sh». Carnegie Trust C ' "'" ' ~»
■'. aha QstffieM National Rank ■"»
100 shs Carnegie Trust Co '.',
••«f<> «hs. T'nlted Chopper fo. common... ;-•;•• ■» l
"Of, Bnll Westincri"USA Electric and Marmfartur
" Int- Co. (T'ittsbuxit certincate) assenting or _ r _
second preferred • ,1"
S>aks li>enlx National Hank •••-•,-•••••;• •>• ,' • r ~
By order of Alexander A Arthur, a-imlnistratcr ■' » rt»
* \V. Arthur, deceased.
f. shs. r^-ner^l Manifold Co. prefd. ; 5 * hsr 1110
G.neral Manifold Ca common ' m
2 shs. Ccntun 1 Bull line Co. preTd ■<•
BALTIMORE STOCKS.
(Furr.lshed by Van Schalck ft Co.. No. 7 Wall street I
Bid A»ked. «W- *•*•*■
United TUilway. I'>S 11 Cotton Puck .... « „»
d o ir m,....r.£ |3 N ,^-— ,s:;5. 4 , 55
ife... :2- ■ ■ ■ ■»
do 2.1 pref ... 13 I3H Union Tru^t...... «•>
d 4. r.-5^ 58 i.TMrrt Nat Mank. m —
BOSTON STOCKS.
(Furnished M- R. I- M * Co.. No. 37 Wall .tr«t.>
Ai.R 2T. Auk 28.1 AUH. 2.'. Au« 2£
H*H & Albany.. 2lS 211- jB""^ <vk,.. .1. i-S
liii IMS f i
T kk^J \l,rh" '•« .'.r, Wolverine Mln.T-.142H 143
*-* h rn L f Mach •o2 "is i; » smelter. To. 414 4H;
A^^ f M ; n:::% gjj
Atlantic M1n.... 14_ 14 do pref W "„
COBALT PRICES IN TORONTO.
urr. : , : .-! and cOf»ct^ caliy r,;. Stewart ft bockwood.
Na M Ex~!.an*e 1 lace.)
Buralo BUI AJtad.l N-T. m1 ,k...^ A" 1 !"" 1
Oreln Meehan J?4 124 Silver Qll wn. . 104 1 Ofl
Kerr 1^k0... 2 0: ; 8 =5 . Trtttu,.,, X S7
Little Ntpl« rr " l^'C:::::::**. 570
McKin!'-. Dmr .. '_*__!__
NEW YORK CITY BONDS.
I'M 4,1-.i! Bid. AKk" 1 ..
■><-*. -kt i no-, in 34». Nov.; # 85. i. t*> l » »*»;
2: nov:; •«: r.!'»' 4 ioo% -c.; No. la r.io 4 104.,
•Coupe or registered.
NEW YORK AND OTHER GAS SECURITIES.
Bid. Asked. I Bid. A alt n<l
. i, iTr 111 113 'Jackson flas ss. W 9J
7 nr?f nk 95 'Kan City f5 S»- O* »«1
ittiiiiillS I
do »».. •■-• 7 joi - N y& E R Bs.lol 104
HI I iMm ; i
4,P'li-n^W «M d,, Ist in, ... W0 MB
J 5 PirutJi 14 16 S»t Paul C,a» 55.. 02 P4H
•And Interest. _
OTHER MARKETS— BY TELEGRAPH.
Chicago. Sue 2f1.-CATTI.W-R-r.lpti. e tlm»te<T atvu?
J7<W> head; mark-t uteady to Mrnnjr: "leer*. J J4^.80
caK-i 3*7 56 4«>B*S 2f.; hrtrtra, $3©J«; *"»«.« HOGS
calvei JWSO; stocked and fe.d-n.. *2fW3s4.V>. HrtOS
— Receipts intimated about 21.<W> fad: market for cholo
.hiS^ri -t«.dy. while fair to I mtaM wjr* ' «jron«c
amf Mlfi" hlnher: cholc* h'avv «hlppln?. ?b i.YSK *">.
K?=hef.'."*«/t3tww : il ht mixed. Jfi ang^i, «w> <h-M'_ »
llKht 18 660*6 70: parkin*. J«tf*H 60 : pIKB. >3TBe»*M
f_TleVelpt.i estimated about 2.\00n head: market
«ttkinjW& N'r: -ii'T, ?Sf«W«>; lamb*. $4 75
esn. v»arlinr«. SI BSffs« 85. *
i-lnrlnnatl. Aur 2fi.— HOOB- Quiet and weak. .V lower
taX and Shipper*. $««»««!«: common $4 fiOfl
«T. f»rt c ATTIRE Slow and I<V lower: fair to Rood •nip
per" '*4 X*tK. 4" common. *2©*3. SHEEP- -Bw an.l
Jlow $1 2T.«f*4. LAMBS— SIow «nd w-.k. $:«,*. 40.
EaV. Buffalo. Auk 2" -OATTI.E-Pt.-any: prime «teex..
f<V&?«.V). VEALS— Receipts. WO head: active Bn<rz..n
higher. $<V?rsl>2.V HOOB~H»eelpt«. B,*» bend: slow.
Tiles 10c htch<-r- other steady; heavy and mixed. $i@
*7 r«> PIKP 1 K , i isewifio: rou K h». 'IBSOW-^BHEBP' AND
LAMBS Receipts. 600 head; active and steady; un
Ch £nto2" Stork Tarn,. Pittobunr. Aur Sa-CATTLK-
Fupply lltrht; i.teaJv: choice. S42B«M«M prim.. *.•*•«
$.5 25. SHEKP-SuppJjr IlKht; *}£"*; prim- wether,.
S4 50,2*4 60; culls and common. $2<Ss3: lambs. $3 r.offsfi;
veal calves $.<»0&» 75. HOGS rtecelrts fair. steady;
i.rtrne heavies and medium*. $•! W>?» s«S 1«: heavy Yorkers.
Vo"^3>JgTo iltfht Yorkers. *Bffs6M>; plg». *.*&» BO;
r "S«,' 5 auk. 20._CATTLK-Reoelpt,. 13.00,)
head Including 2,ot><) Southerns : market steady; choice,
"xi>ort an* drenned beef steers. M10WI1B: fair to pood.
S4"'>(SJB- Western Fleer*. JS 7<MrsS 25 : ntockers and feed
ers S2O<Va*4 «.">• Southern Ktoen. $3»*BS4 2«: Houthern
row« $2 25«*3 40: native cow*. $2 143*4 10: native helr
eT7%*7Sef'*3O; hulls. f2«Oe«S4O: calves. *3 40»S« 60.
HOCSS Receipts, B.HfK» li.-iid; market strong to Or hlirher;
closed weak- top. $« 70; bulk of sales. J«2n« > »R6f.; heavy.
JR.V.ejfl7o'liackers and butchers . S0 30BJ8 65; »Kht. $8
£*6 4« pies. Wss. SHEKr-Ree*!p!«. 3.C00 head : mar
ket stronir; lambs. $4*rJsWi: ewes an.l yearltnpa. $8 ...«
J4 IB- Western lamba. *3 sn-£fs4 » ; Western cheep, *80
o*4 10: utockers an.l feeders. |>9V9<
JUDGMENTS.
The following Judgments were filed yesterday,
the first name being that of the debtor:
Iloothroyd Jamn T— Steel Ores Company... *1,488 15
Bee be. Franklin. George W and Alien M— O H
Pisco „...■....»...•••-••••••*•••«•••••••■••• 2,0*).* £1
Cohn Anna and Lester, Realty Company— New
Motherland Rank of New York 10.624 09
Karp Oslas and Michael— J Weil et a! *.«< 88
WeSChlar. Leon— N Whitman et al 2.572 14
i-na A vena Chemical Company— J O Hunlck* 13,802 76
THE MARKETS
TOTAL DOMESTIC RECEIPTS.
New York. August 28. 190R -
Barn pkBB 2«3|Fkmr. sacks 1 J l iic
Grass seed, sacks " 3— Butter, pfcgs =-;2
Oilcake. sacks 2. 2T.0 Cheese. pk(t^ ,A"IJi
OilmMU. sacks SOU, Eggs. pkes ;-•„„-*
Hay tons j-Dressed poultry: pkKT. -"'2
Straw, tons 70 Live, poultry. ' crates. . -207
rornmeal. sacks 0,0*2 Cotton, bales B.4iJ»
Millfe^<i. tons » Istle. bales "J"
Oatmeal, bbls 405! Wool, bales •«'•>
Whiskey, bbls 253 Wool, sacks SOU
Pork, bb!s ISO Apple*, bb!n ■••• ,*S
Hams, tierces 31 ; Potatoes, bbls ,-i,!
Hams. pkga 272; Onions, hbls ,S'iSJJ
Racon. pkKS 2.092 I>rted fruit, pkits. 1 ' '„- '
Bacon, tierces I.V. Raisins, pkps ':j"
l^.rrl. tierces 1.474 ! Peanuts, 5ack5....... ' If"
I>ar<3 keg* 3.225 Grapes (Calf. pkss... .*>•'_'
I-ari. cases 80! Pears (Cal). pkps.... J" 4-5
fanned beef, cases.. 25 Oranges <Cal>. pkgs... 3.00"
Tallow. pkgs 101 Peaches (Cal). pkw.. ;.i»
Tongues, bbls 52 Plums (Cal). pkgrs... MB
Grease hbls :.. lfiO Copper, bars : ... -T'lS
l>ubri<-atin X oil. bbls. «0 Copper matte, sacks.- _ '•*?
Cottonseed oil bbls.. 1.045 Lead, piss 2'?
'•;'-. stock, tierces... 2*5 ■ Tar. bbls IS*'
Wheat, bush - 05.«>vr Hides, bales ...... 25
Corn, bush 15.050!H1d#».' bdls. 42 r >
Oats, bush . H7.OoOSti*ar. racks 15°
Barley bush : . . . 1 8, 000 Tobacco, hhrls '*
Malt, bush *. . . . 4.500 Tobacco, tierces...... 25
Flaxseed. bush 6.300 Tobacco, pkjes «2j>
Flmjr. hbis. . 6,<H£> Wine (fall, bbls •. t»00
EXPORTS. . , •
Wheat, bush 135.539 Cottonseed oil. gals. <590
Flour bMs 1.196 Lubricating oil. gals 05.250
Flour, sacks 2.765 Pork, bbls "2
Cornnval. bbls 1&7 Bacon, rb — 31.500
Whiskey. gals... . 2.7»0 Lard. Ib. 47,100
Oilcake. m 289.700 Lard oil. gal.« MO
Spirit* turp. gals.. 3.050 Grease. ID 10.000
Refined pet. sal». 1.P48.1'74!
CASH QUOTATIONS.
Ir"n. Nor No 1 fiy.sl6 87HI Cotton. middlinK.'. . . . *«°
Iron. So. No 1 noft. lfi 874 Coffee, No 7 Rio. «H
Steel rails 2S 00 [Sugar, granulated. . . . 5.10
Ijike copper. Ingots. 13 B7Vi Molasses. 0 K. prime 4"
Tin 20 25 Beef, family ..',.:.. $17 12H
Exchange lead . . . 480 Beef, hams 29 of>
Spelter 4 Tallow, prime s*i
Wh^at. No 2 red... 101 4! Pork. meM 17 00
Corn. No 2 mixed... -904 !Hngs dr-s*ed. 160 rt>. J>«i
Oats. 26 to 32 Ib ... 524; Lard, prime • 9 <*>
Flour. Mpls. patents « 00 | . . -
•Delivered. , . '-,
GENERAL MARKET REPORT.
New York. Auinst 26, 19OS.
COFFEE — The coffee market did better to-day on
scattered covering, which seemed to reflect the favorable/ '
progress of September evenintr up preparatory to the f!r«t ,
notice day. and th« reports from' Brazil that The so called ,
valorization bill hud been made a law. Business was mod
erately active, but larjtely in the way of further ex
changes with sales, Including these transactions, about j
7<» (mo bags. The market closed at a decline of 5 points
on the Aupust hit price, but generally unchanged to 10
points higher The new valorization law Is said to au- .
thorise a loan of f1f.,000.0n0 Increase th» surtax from > I
to 5 franca increase the. export duty from !• to 1! per j
cent, an.; to also restrict experts by placing an additional
duty of ••>< per cent upon all exports in ex-- of j
9,000,000 for the current season. The passing of this ;
law is taken to moan that the Brazilian government sees
Its way clear to continue the holding movement, and :
that producers are willing to stand th- additional taxes
... r.rcler to rnrry out the policy to which the valorization
plan ii«« committed them. It is understood In trade clr- 1
cl«s thai the III! lOSaifl surtax, th« surtax »->in B the part 1
of the povemment levies which go toward d"'raylns the :
expenses of valorization, will go into effect on vv r »r 1. ,
the Idea being that this may be follow*! by » decided
failing off 1n the movement to the ports Pending the
Imposition of the additional surtax receipt* are ; expected
t, continue heavy, and are probably no safe r'i'l* to the. j
actual crop. European market, made a • leady «howinK
and Brazilian cables r- .orted no material chance in th» .
primary market-. Th- market for spot coffee was urn :
cjian«ed. with quotations on the basis of **,c for Rio ,
X The rang- of contract prices In th- local market to-day j
was as follows: Tester- |
September *■» ■- «••> 8 450*5* »;§.
October — _ {i 458.'..'-<> •" •»■•
November — ' r R.4A0&.50 ' 645
l-ecember •■ •••" "•- *_ r , 4 -,#- v 5.45;
January — _ __ B 50f15.55 6.45'
Kebruarv ..v-:::>.« =.« . „ $&» BDO
March ...Ms r.K.af..*'
r.:::::::::::^ - m »•» r. V.«r. *' 5.50
May B -°" 5W 5.w3u08 6. 50
v " c -.5.6.'. 6,65 6.68 BlMi«.6i » «•'.
COTI-ON-The cotton rn.rket ?ulte » rtarp -J- |
• SS?^asrSA»«
- vHSHS
aSSoru/Twnlch claimed tnat the crop promise had
llv vlwvln the .-ar.llr.ai. an<l Oeocsla Buying »v
nerVa ts rr £• for short nccrmnt and for U,e account of |
3SSSS: wS&SSES
while Boithera ry-' «ark»t* remalaea un
rbane^ t> to brin* the general list of contracts cor- |
middling cotWB at -V7sc. Aucu.t eontnict. her- ar* 'fell- ,
1-b- «• abf.ut a — parity and the discount a*al:r»: .
"he J«c™ * noTabnorSl for this aaaaon of the year.
The ran*-' o" contract price. :r. the local market to-
Test'r^
:- ES - s»g i
V;,; U arT r : : :: : •.*.:::S:w s:S s:« izM** \*\
.Miiua.T « s 6iKas.rt2 h4O
February ~«.5T fir,; RM sfi , gßffl «■»»
Slav ..■.■.".■.■.■.■.■.■.'.'.."..' .'«'«•> 8.«8 8.6 C «7'»2572 —
' T . loca market for spot osKSB waj. quiet an", un- |
c^«n K -~! with mtddllnc upland nuoted at 9MV and mi.l
(•Vine Gulf "I in..:. saJel "2 bale. Southern spot |
mark-ti ? were t»legraah4jd a- follow. Moblie |»u»et. Un- |
changed at t>\e aalaa 50 bale, Savannah ;fa :■• un
changed at B*e: sales. 2.310 bale. Norfolk dull. He ;
lower at l. ••».■. «a!es. 7» bales. Baltimore n *n!nal. un
chanced at l'»S St. l>r.uls dull. unchan ed m »V: •
sales -. , hales Little Rock dull, unchance-i a* »»c
Memphis quiet, unchanged at P\-. sale, 80 hale. : Moua- •
ton quiet, unchanged at l>Sc; sale.. 4.38* bale, Qaljee
ton steady, unchanged nt »Vie: sales. 4.^ bajja New
Orleans <iu!»t. 1-inc lower *• 9%c; aataa. JO. bales.
Charleston <iulrt. unchanged at l>'«c. f «ttmated re.-- 11"1 1 "
at aadlng points for Thursday: At Houston. «.0-.-> to \
«500 balei. apainst B.TM bales last we-k an,! 3^«3 bales
la* year: at <;alvestt.n. •; ,V.<> to 7.ftl v > Nile.. BKaln.t B^SDS j
bale* last week and S.2itt b«>s la«t year. Sad at New
Orleans, SOO 10 fiOO bal«s. against 4«4 bales last week an .
■)n bales last year.
Cotton Exchange special Uraipool f>nl»: Spot cotton
dull: -ale*. 8.086 bales; speculation an.l export. ->"' .
Airertoaii. 2.<«»>; middling upland. 5.27 d. F>itur.« .
open-d ,julet. « points i™« on near- and 4S points lower
on distant i-wlilon*. tHosed steady at a net decline of |
44 points to an advance of «<■* potnto. A.igu»t._.. 1- 1:
Atiitußt- B«pt«nber, 4 Mi; tetnl>-r October. 4 ihd; Oc
tober November, 4. 715. N'<n-ember-r>ecetnliej, ♦*' 1 II "
cpmber-Jarma-v and Januar-. Fehru»r>'. «.«d; fsbruary
March 4'V-^d March- Aprtl. 4.7<i 1 - ! d. April M»y. 4ilH'l,
May- June. 4 7»d. Manchester- Yarrm dull an'l irregular:
cloths unsettled.
FIOIH AM) MEAI, A moderate trade was re
ported In flour to-day, with prices About steady. Mill* !
continue reluctant to reduce quotations. Spring
patents and Kansas straights were he,, seller* Ry»
flour unchanged with demand poor. The following ■
are prices quoted on the New York. Produce Exchange:
Spring patent-. $r. 7:.#s« «i. winter straights. **9 \
*4 15 winter patents. $•» 40«.54 75: spring clear*. $4 10 ,
®t4f!o extra No 1 winter. .$3 5/>os3 6O; extra No 1 ;
winter jrnn«jr.:.o RYE FIXHTR— Quiet Quoted::
Fair to good 14 15814 »0: choice to fancy. $4 5..'?
$4 7-, COR-N-MEAI-- Firm. Quoted: Kiln dried. $4 v.V
-fKA.fi Mr'Al, Firm Quoted: Fine white and yellow. 1
$1 7A«SI TV coarae M 85091 TO. FECP-Western '
harelv ateady: city stesdy. Quoted: Western spring. •
$'«:•-. standard middling. $2«^83: = flour do $2!>2.": j
red dog $31 flO; city bran. $23 bulk. $2.1 SS«$. ! 4 „5
sacks; m.d.H-ng $25 50 <r $29 25: red dog $Xt W. in |
August shipment: homlnv chop. $3fl bulk. $30 20
sack*. OIL MEAL. $32 M .
(.R.4IN WHEAT— BuII support win » feature of the
wheat market off and on all day. Influenced by wet
weather in the Northwest, "here the movement was :
likely to be checked and thrashing delav»fl as a result. |
The precipitation «l«o extend« 3 Into Northwest Can- j
ada where crops are not vet all harvested. At one j
time prices showed fully a cent net advance, but l*t» |
realizing destroyed part of the rise and last quotations
in th» local market were %«•». c r,»t higher. While |
export trade was confined to about 25 loads, there was
ft tetter cash demand from mill* In Minneapolis an 1 j
some export business In flour work*<) there as well. In
four days the stock at (his point has lost IRA. OOO bush. ,
At all Interior markets receipt? for the day were,
7f>« oun bush, compared with 721. 0"0 hush last year.
tnciudinaj « S1 cars nt the two Northwest market". ;
Cables wer» again responsive to advancing tendencies
on this side Liverpool closing Id to 4d net higher I
and Berlin l«4c higher At Chicago there was mod
erate commission house buying on the early advance,
but har.lly enough outside Interest vet m promote {
much of a bull market It was the theory among
those working for higher prices that stocks are ho (
llc-ht all over the country as to rob early receipts In ;
the Northwest of much of theh- value as tiear influ
ences ' The local cash market was milte firm, cloning :
as follows: No 2 red. |lini,H|lol elevator and
$! r,l i, fob afloat No 1 Northern I>uluth, $1 14',. j
and No 2 hard winter. $1 04% fob afloat. CORN— |
Higher prices also prevailed in the corn market, al- j
though the. close was ofT from the top under realizing
an.l •-» Hi "»c above the previous night. The talk among
leaders at Chicago was aulte bullish, predicting higher
prices for both corn and oats, which fact brought In
considerable outside buying from quarters that have
made it a practice to follow the advice of the big
operators. While, crop news averaged favorable a few
ha reports came in from the central belt. Receipts
at Chicago exceeded the estimate and all Interior
points had ftns.ooo hush, compare,! with 437.000 bush
on the corresponding day last year. TJverpoo.l was '-, 1 ]
net higher The local cash market was steady on the
basis of itOc nominal for No 2 in elevator and M>Hc
nominal ,lelH-ere<l. OATK— Affected by the same sort
of bull predictions as wheat and corn, the- market for
oats van firm and hlcher. closing within. a fraction of
top Cash oats in the local market were quoted as
follows: Mixed. 20 to 32 rb. 52^c: natural white. 2«
to rtl Tb. 54V4©5ftc. anJ clipped white. .12 to 40 Th.
•i«f/(l2c 'ItTE- Market dull Mo 2 Western. 840 nom
inal fob afloat. BARLEY — Market quiet. Malting.
71c. c i f Buffalo; feeding. 71'ii74c. c 1 f New Tork,
NEW YORK. PRICES. _-X. . t
... .- Tester-
Wheat' ' Opening. High. Low. Close. day.
September $1014 $102* $1014 $102 SI 01
IVcember 1 0314 103 18 1 03H 1 na*i 1 OaS
MaT ... • 1 <»* 1 «*.' 106*11 HMI 105
1 v>rn:
September — .—. — ■ ■• — R " JJJJ
I>ecenibeT - — - -IP •', t=h
Ma- «« "?*»
-CHICAGO PRICKS. -•••-
Wheat : ...... 03V P4>4 M\ "• WU 83J4
September ffl". f4 '4 M\ N4 M 4
P-cember '.. W. - M«i , f'4\ '■ ft". 1 * • ft* 1 *
May -■■' »SV '. 08im-- '985. ' '•6% ' BSH
Corn: __ _ __ — f —■ ,
E^i::i S s 1 % m S*
May 64 1 * WW 1 * M » M J 3
PepfemWr 4r> <9H 49 49U <|»i
mb ". :::::: S •gg Si S5 S3
nlT^r.r !» SO 032 930 J2 » 27
October »4O 842 » 37 8 4 " » 3.
Bep^er <" {»' •» .fg; -IIS;
October Ml f> 87 >< S2 IM * M>
September 14 40 14 47 14 35 14 42 14 35
October 14.'-' 14.-7 14 45 14 55 14 43
METALS — TIN' — was quite a sharp advance-in
the London tin market to-day, with spot qu^tea at
£132 10s and futures at £13:! 5» The local market
waa dull but hieher In consequence, with quotations
ranetng from 3»c to 2».S«c COPPER was higher in
London, with spot quote.l at £60 7s fid and futures at j
£61 2» «<1 • Locally the market was dull and un- 1
'•hansre.i, wlth'lake (justed at 13.503 13. R2^c. electro- j
lytic at 13.37i,51350c and ranttnjt at 13.124 it 13 -•><• ,
LEAD wa* lower at fIS 5s 3d In London. Locally the
market was easy at 4 J7'-»ii 4 62»»c. RPELTKR was :
unchanged at £19 2» «d in London. Locally th» mar
ket remained .lull at 4<W®4 70c. IRON was lower at
.Mi? for standard foundry in the London marker, but
Cleveland warrants we higher at ."Is 7VjJ. I-ocally
no change was reported, with "No 2 foundry Northern
quoted at $IHO*l6 7".. Pi* Iron re.-iflrate 8 or. the I
New York Produce Exchange continue dull ana un- ,
changed, with regulars quoted a.« follows: Cash ana ,
Aurust SIS2SO9ISTS; September. $15 2!sQ*l" ''•"•:
October. $15 25fi$16: November. JIT. 255J16 25. and ;
December. $15 2." -ff S l 6 50.
.MOLASSES AND SYRT'PS- The general market for
liquid sweets was dull and unchanged, with slow busi
ness, in part Jue to the storm. Quotations follow: ,
New Orleans centrifugal, common. 1831ftc: fair. IP® I
2"V Rood. 22® 29c: prime. 23©3<">c: Nerr Orleans open
kettle. 28® 42c. BVRL'Pfi — l-".'?l7c. fair, 19 :
©2Oc; pood. l»«|22c: prime. 21025 c; fancy. ST#We.
OILJ* — Cottonseed oil was generally higher to-day
on light offerings of crude in the South, covering of
shorts and bull support. Receipts weiv moderate. Sales ;
POO bbls September at 36H@3ftV»c: I.7<V> October, 864® |
"itV- 41" November. 3i?<-: 100 December. W4c; 600 Jan- ;
ary. ,i«p*!c Linseed oil was unchanged Reflne.l
petroleum was reporte.3 In Fieady demand at recent prices.
We quote: PETROLEUM— Standard white, bbls. New
York, 8 75c: do bulk, Be; do Philadelphia, bbl?. 7Oc; d"
bulk 4.85 c: renned cases. New Tork. 10PO<-. do Phila- .
delphia. 10.*5 c: water white, bbls. New York. 10.75 c; tin
bulk. 7c; do Philadelphia. bbl«. 10.70 c; do bulk. 6.95 c: j
water white cases. New York. 12.!K»c; do Philadelphia, j
12.8. I>c.1 >c. COTTONSEED OlL— Prime crude. September.
26c bid: prime summer yellow, spot. S«W'-. do Aug-JS?.
3.-i*« a. do September. 3<s©3B*ic: do October. 36S3t.Wc: I
do November X-^OMr: do I)«-«mt*r. 3T.V;fi3s%»c; do ;
January 86K035%e; off summer yellow. August. S* I **
8«^c; >>od off- summer yellow, aOSSMfc: prime white
3fi'-,'a42- prime winter yellow. 4i«S42c. UNSEED OH
—American seed city raw, 44346.-. out of "ran raw. ;
4*«4.1c: Calcutta raw. 7"c. LARD OlL— 7f>«72c. j
PROVISIONS Commission homes and packers were
fair buyers of product all day. and the market had » |
generally firm undertone, closing about top. Receipts
at Chicago were 21.000. and estimates indicated
lfl.ooo on Thursday. Total Western receipts wer»
«a OfMi including S.ooo at Kansas City and S.SWI at ,
Omaha. PORK- Steady. Quoted: Mess. $1« i.->t* |
$17 2r.- family. $1»9$1RSO: short clear. $17 Sl* s 50. j
— Steady Quoted: Mess. $14 503 515 50; family. |
S1«750$17&O; packet. $15«J1R: extra India Bteaa. (
$25©525 60. BEEF — Steady. Quoted: *-■* '
*SO. PRESSED HOGS — Quoted: Bacons.
B%C l«fl i v - i>f 180 Ib !>»»c; 140 Ib. l>iir: pi»». •• -
CXTT MEATS — PieklM belli-* quiet Quoted: Smnkin*:. ■
lie; 10 Ib 10Hc: 12 Ib. lOlic: 14 Ib. »\c. Pickled
horns quiet. Quoted :. 11 « 12c. TA LLOW— Steady ■
city. -.-V country. IH -■ ■'■ "- LARI> — Firm. Quoted: .
Middle Western. ft ."."»•&" ft. fine City lard firm. Quoted:
ftV,^»'iic Refined lard firm. Quoted: South Amer
ica. 10 7.V- : fonttnent. 10c; Brazil kegs. 12 -" COJl
rfirND- Steady. Quoted: 7\©»kc. BTEARIXE
St»adv. Quoted: Olet.. 12012!4c; city lard stearine.
11 H«l2 4<-.
RICE— The ri-e market was steady but quiet and
unrhansred. Quotations follow Pereenlnes. 4»*c. I
ordinary. 4% fi>: fair. s»i^s\c: (rood ordinary. 51, |
li~>Kr; prime. >\-aK\r. choice. .1 -. 7c . Patna foreign.
1' :•'. v. Rangoon and Basse. n 4•, 1 ■"•'-
SU«»AB— The market for rennet .-near was quiet
nnd lower. The American. Howel] and Arbnrkl-
Brothers reduced prices 10 points. Thetr ncr ram' j
for standard K-anulated Is now Be, less 1 par cent cash
prompt shipment. The Federal quotes 4.WC net, ley? j
: per -enr raah pr rr.pt. Bad >"" ISSB 1 S*r cent
delayed shipment. 28 day's. Warner quotes 4 '■'"■ le«!»
1 per cent cash withdrawals and 4 ft.'c less 1 per f»nt
shipment. -■■ days The following are list prices, sub- ,
lert to a reba.tr of in points and a dlsconnt of 1 per j
rent for cash, seven days: Crystal domtnos. 7.4."<-; j
Eatrle tablets. 7 4'"- . cut loaf. ».»•»•: crushed. * «"■- j
mould A. 5.45 c: cubes. Kns" •'■'•> bajts powder* and ;
Eaarle confectioner* granulated. B.SSe; XX XX rr A-A -' |
<i»re.i. 5.23 c; powdered. roars« powdered and fruit |
powdered .'■-"■ Basle coarse and extra Baa arai
latad SlIOc; 2 Ib cartons do BY.MO; 1; In baps do.
5.40 c; 3i,-lh bnits dr.. 5.33 c; 5-lb baps do. IWc; I" Ib ,
bans do. r>.2.'.c; 29 and B8 Ib baps do. B 15c; F.««rle j
fine or standard ftrani-la'ed and iHamond A. 6.10 c; |
confectioners" A. 4.90 c; So I, 4.90 c; Nn« 2 and 3,
4 K>c- No 4 4,«0c; No 5, 4 7Se; No «. 4 ISc; So 7. !
4«r..- : No 8 4.«0c No !• 4 '."•'■ No 10. 4.45 C; No 11. I
4 4",- No is 4.35 c; No 13, 4 :;>">- : No» 14. 15 and U". j
435 c. The locaj raw i-ucnr market "as lower, with ;
duty paid prices quoted as follow*, h»»»d on actual |
business of coatrtfuaal sugars : Centrifugal. M test. |
a O.'.c muscovado. «l» test. :; 4.'.". and molasses sujrar. j
M test. 3.15 c. Pales were as follows, all at 8.85 c. \
basis M test: I -"" Farto Rico, sailer Hl|l In port ;
and 800 tons also, and B.SSS tons Surinam afloat de
livered. The London beet suirar market was weak and '
14d lower, with August and September quoted at Ba :
M~ Th- position of sugar at th» four United Stares ,
pnrtr sk stated by Wlllett • Gray, was as follows:
Receipt! for the wee* 41. P1T tons, compared with !
?. ; rt-ui la«t week. 429 lasl year and 40,!>4f5 two j
years apo; meltlnjrs. 37 «»>" tons, contrasted with
SI 000 last week. +0.000 a year air^ and 4H.000 two
years aro. Total stock. 294X19* tons, which --and* ;
aealnst 248.241 last wrek. 284.2 M last fast ax 121 - " \
two years ago.
LIVESTOCK MARKET.
New TOT* Awcuat 2«. MM
BEEVES Receipts were, fta cars, or •..■.•7 head, ln- ,
cnidlns "';'■ ■a- - conslcried direct to -:.-•- and 14
for the market, roaklmt. with previous arrivals. 20 cars !
en saie. of which 14 at Jersey city an.i 1 at >'■"•". s?re*t.
Or. lisht receipts steers were active and stror.r la ldc
hlF<i"r; bulls «tendv to firm; cows in moderate demand I
and unchanged. Two t ars of steers arrived lat-? and
were L*an"t*vl t»ver. Oood to rriolc^ nat've st**»rs soI'T at |
jr; 2fv©S« .V> per 100 n nd and stag* at 94 355».* 10;
lulls at C3OSS '■ cows at $1 |i ; j.. at no real choice
bulls nr '■■'»< otrarM Dreaai I !-^f a trifle more active .
at 74ffK'e p°r T». '- •-■' • > ■• t° choice native aides;
Texas beef at 007 c No later cah>s from Liverpool or
london. Export* from this port to-day were 4.'»«' quar- '
tera of beef. To- (Trow the •■.'■■ to IJ»erro<'!. wil!
take out about 1.500 quarters of beef for the Morris Eeef
Company.
Sales McPherson * Co.- 13 Kentucky st«— -«. 1339 Tb
average at *65S per 1"» !»; 20 do, 1274 16 at $8 20 20
do. 112 tr.. at V> 10: 19 do i!7<? m. at w: is do. ll^s.
Tb. at $6 10; 18 dO. 1333 R>. at 06: is do. 1128 Th. at ;
$5 «r> 20 cows. fH7 Ib, at $.".«>; 8 dr.. t<2s 7S. at *2 25.
S. Sanders: 24 Virginia steers. 1137 n. at IBS; 2<> Ohio '
do. 115 ft Ib. «'. $5 25: 10 bull*. 810 ib, at $.1441. 4 do. «*> .
rb. at $.? 29 I do. 730 m, at $3 10. I .;• . 400 rr.. at 13 75:
3 cows !»!'>rt). at $S«.; 3 so, 910 A, at ?2 75; 1 do 7O 1 *
. Ib, at $1 »
9 Judd A Co.: 4 bulls, »* Tb. at $3 4<>; 2 row.. «fc'. rr>.
at *1 2u.
Tobln & Shannon: 21 Kentucky staes. 12*7 In. at $5 10:
2 bulls. 1"25 rr-. at $» 35.
J. p. Nelson: 1 bull. 1170 m. at $355; 7 do. 757 »,
at *3 li. IS do. <VW It., at $3, 4 cows. 627 It. at $1 2.". 11
do. B0« IT), at $1 10.
w R. Hume. 2 bolls, MM tt, nt $3 35; 1 cow, <i+' Ti>.
at 51 Of..
Andrew Muller: I f>xen. 1540 rb. at 33: B bulls. 712 ,
TT> at $71 * rows. «44 Ib, at $2 85.
J. a rurtis a Son: 1 bull. 1220 Ib at $3 33: 1 cow.
7JX> IB «• 18 23 2 do. 7*<l rb. at $2: 17 do. 745 18, at $1 25. |
JelllfTe. n'righl .v Co 1 bull. 194" rb. at Si 75; 1 do. I
7W n.. at 5." 35; B do. 973 1T... at $3 25; 2 do. TBB Its. at
$3; 2 cows. 826 Ib, at $3 3*: 2 do. 735 B>, at $335; I do,
7>«< tb. at $3; •"• do. 53.", TT . at $2: 4 do. 735 Ib. at $1 GO;
3 do. 740 Ib at $1 25; 1 da 4S*> 18, at $1 19 I
MILCH COWS — Receipts were 89 bead, includins: 54 I
consigned direct to suburban dealers at. '. 38 for th» mar- j
k»t. The f... ■■• r waa stea.iy ' ■■- all aradaa, but ro j
choice cowl were off-red. Fair to <co,><! milkers, calf in- ;
eluded. sold at *3O«S4T per head '
Sal'» A M»cabe 10 cows ari calves at %V V 9%*" per j
head.
.1 Cl Curtis « Son: « cows and calves at $3O«?$-x7.
( \l VKS- Receipts were 1.571 bead, Including 4?o :
direct to butcher* and 1.151 for the market, of which "1 ;
w .re at »>!•►. street and -- : "-<"' at Jersey •'••■• ■ Veals were ,
active and stronic: common and medium irrades a fraction ;
hicher; prassers and bottermltss stead: No 'Western ;
nlvif offered The p»ns Trere *ntir«ly >«-•; Common '
to prime veals aolil at $.1 00099 50 per iOOi OO IT ; a few .
choice do at i. *«i?$?« »«2H. and a small lot of two at .
$0 75; culls at 54098: grass»rs an."! buttermilks «• $39
$3 75. Dressed calve* nrin. City dressed veals selllnjr .
at ft^lS^c: country ,ir*«ii.-i do at NOl2Hc.
a l»,,._\V li Hume: 17 veals. I**l TT, a%erair». st $!> 7.'. J
per 100 rt>; 24 do. Id tt.. at 60. I do. ■' various
weights, at SSOSO R0 ;
.1 }■ Nelson: 2" veal*. 137 rh. a' %'.• *" 15 do 144 tb. !
at $(> 25: 27 da 142 Ib, at $'.». 4 do. 149 TT . at $7: «5 .i. :
180 Ib, at *«. 5 Rra.«sers» 2»t rb, at $3 5O; 1 yearllnst. 37«» |
Andrew Mullen 3ft veals. 100 It., at 9948 M : 71 do. 151 ',
rb at $980; 11 do 118 Th at SO; I do. 1«" TTj. a" J-. I
1 do, 220 n>, at $7 50; 4 do. 212 TT> at $7; » do. 1."7 rb.
at $«; 7 do 201 n> at $5; 47 butt»rmllks. IW It. at $» 75. i
Jelliffe. WrlKht & Co.: 2 veals. 220 Ib, at $!> 75: 132 do J
14« Ib at J».'J' 2 do, I*o IV, at $7: 11 do. 150 rb. »- 98: ,
1 do. "V>4 Ib. at 50; 7 fed calves. 311 tb. at $4 50; 3 j
buttermilks. 160 tb. a; $r..
J. O. Curtis & Son: 9 veals. 143 Th. at $!• 75; £» "1".
154 rb at $»6O; 7 SO, 172 IT), at $ r <, 2 d?. i«5 Th. a*
$.$ 50; 1 do 240 H. <»t $^ 4 do, 170 rh a? $6
rl W. Otis &CO 41 Mala 147 rb. »• $0: 7do 132
Tb. at $8 50; B do, \s>S Ib, at $5; 32 buttermilks, 191 rb.
at $:'. SO
II H. Jlolllg: t> veals. 14« TT.. at $!» 75
Tobln * Shannon: 1« veals. IV< W. at $<» ?O; 1 do. r
130 Th at $<«; 11 do lt» rt>. at J«. 2S Ohio do, 174 ft,
at $(»;' 12 SO, .151 th. »' *•"
? Judd a Co : 49 veals. Ml n>. at $» 50; <«i do, 161
IB at $»25: 23 do 151 TT>. tt tv: 4 do. IJW Tb. at $«;
B do 134 IT>. at $5 50; ilk do, 20«> Ik, at 95; 14 rraseers.
171 Th. at $3 25.
S Sanders: 2O veals. 150 tb. at ?»»2.'.. 57 do. 185 n>.
at $»• ft do. 13« tt>. at 75: 4 do. 2t'«'> rh. at $7 »O; ! do.
140 rb at $7. 2 do 140 rb. at $«S2T>. 4 do iculls). 207
tb, at *4 25.
SHEEP AND lAMßS— Receipts were 39 cars, or
P.l»>« head. Including 7 cars for slaughterers and 32 for .
the market. making, with the stock carried over yester- :
day ."Ml cars on sale, or which 3." cars were at Jersey
<*lty and the balance at «Oth street. Sheep were In mod
erate demand and firm: prime and choice grades a shade
higher, lambs alow an.'. 10c lower. A number of cars
of lambs Included In the receipts arrived wet and were
carried over. Common to choice sheep so!d at $38*4 75
per liX) Ib: culls, at $1 50; common to choice, lambs, at
$4 WVffs7. Dressed mutton steady at &3»«c per Ib; .irr»ei
lambs at flSl2c: general top. llSc.
Pales Rtttppera' Commission Comnsny: 114 "West Vir
ginia lambs. 71 Ib a\erare, at $« 7O per 100 Tb: 253
Kentucky do 71 Th. at $5 B0; 2."^P Virginia do. 67 rh.
at $•! in 13 Virrinla sheep. 111 IT., at $.175.
S ludd x Co. : 137 Pennsylvania lambs. 73 rb, at $«.'.■">
42 do. 7« Tb. at jr. 25; 242 Kentucky do. «5 rb. at $« li».
IB Kentucky she,;, an.', cul! lamia. 72 Th. at $4. 4
Pennsylvania sh'-ep. 130 TO. at $3 50.
Newton & Co.: 234 Kentucky lambs, 88 Th. at $■ , 17
"kerns Commission Company: (MS Kentucky larnbe>, 7*>
Krrns commission Ci.mpany: «48 Kentucky lamhe. T*»
Th. at $6«2H. 19 do. 52 rt>. at $ft. 234 ln<il^na do,
«4 Tb. at $5 75: 30 Kentucky sheep. 10. TT>. at $4 23; 6
°FVe"d. I*. Kratz: 243 Vlnrlnia lambs. TO Th. at $9 75; 257
U °To?tn * Shannon: 2CS Kentucky lambs 71 Th. at $f>7T..
228 do M Tb. at $3 75- 2SO do. 71 It. at $fl 75: 214 state
do «« Tb at $fl."0 8 'do. l» n>. at $«: 233 Ohio do. «
£ .TW;^ -tit- sheep. 110 tb. at $4: 42 do. flfi Th at »
S Sanders: 48 Pennsylvania lambs. SO Ib. i JSoO;
R2 do 72 Tb. at $«25: 113 do. 6S Ib at $5 75: 10 state
do 88 Ib at $«2f.: lft Pennsylvania sheep. «> rt» at
14 TV « do 101 Ib at $4 50; 14 PennsrS-anla sheep
4 stat* do. 117 Ib. at $31.; 5 do. »> n>. at $3. _
• n W.Otis & Co.: 18 state lambs. «5 It., at $6 25.
Andrew Mullen: 6 state sheep. t*< Ib at $3 60.
HOOS Receipts were 34 cars, or 5.614 head, lnclud-
Ins ■■7 head for the market. The feelln* was steady.
New Tork State anil Pennsylvania hoes are quoted at
*:•:»: 10 per 100 Ib; a few choice medium weights at
*' Rales (late yesterday)— B. Judd &Co• 73 Pennsylvania.
; hogs, 137 Ib average., at $7 15 per 100 Ib. ► ■ * '.
:'■■'£*-,•■ ''.•': -. Summer- Resorts.- ■ ■ ■ ■ _
~"~ SEW YORK.
HO T L
GRAMATAN
BKOXXVILI.E.
TTESTCnESTER COC.VTT. X. T.
Every comfort of a hotel of the nlfrheat claaa.
conducted In a manner that ha» attracted to
Itself a most exclusive and dl»crlimna.Ua*
clientele.
OPEN" AIX THE YE.\K-
Meat MaaTaraf Race* of Any
First Class Hotel >'rar v -« Tork.
Tbe new fireproof wins, now In course of con
struction, containing 107 sleeping rooms and
65 private baths. »m have many new and at
tractive features.
J. J. 1 a \v;s COMPANY. " --•■-,
B > I A R C LJ_FF
LODGE.
BRIAR CLIFF MANOR, N. V.
A practical Summer Rome for the business man.
An Idea! Resort for the family.
One horn- from Grand Central Station to Scarboron**
on Hndson.
Ten minutes from Sc*irboroa*h to hotel by aatonsobll*.
SWIMMING POOL. GOLF AND ALL OUTDOOR SPORTS.
DAVID B. PLUMER, Manager.
Representative at New York Olfice, 5# East 46th St.
•Fhone S27»— 3«tb.
ORIENTAL HOTEL
MANHATTAN BEACH
J. P. GKEAVXS. Mam
AMERICAN AND EUROPE** PLANS.
NEW RESTAURANT.
HEW AUTOMOBILE ROAD DIREST TO HOTEL
'Phone- 1000 Coney '■ { -"" i
T T _ p —Leave M. T.. foot East 34fh Street—
«"0 740 920 11 A. M.: 12 10. 110. 10. 3.10. 4,10.
5.K>! 5.50.' 7. 7.50. 10. 10.20 P. 3«.
Via B R. "Take trains to BrlsM<3Ti Beach. w'.iere.
Marine car connects for Manhattan .Beach; OR stop at
Eheepshead Bay and lake ORIENTAL AITOMOBUJI
OMNIBL'S. which meets trains from 4 to 6.40 F. M.
GARDEN CITY HOTEL
GARDEN CITT - - -- • --■ • • LONG ISLAND
is mlies from N#w la* Op»n aB the year.
J. J. LA.NNIN CO.. PROPRIETOR^
" ~ SEW JERSET.
GALEN HALL.
ATLANTIC CITY, N. J.
HOTEL AND SANATORIUM,
With If elegant mmf-t and aaaja aMi and "*TT; C'»
., a fine place, to finish th« -sumrn'r ar,<l cry- *•>»
Baths for pl-asure or health. "^^J^jgg*^
flGarftoronfib-BloilJeia
ATLANTIC CITY. > J
Jnsiah Whit* £ **»■*. Proprietor*.
The MONTCLAIR
ON THE MOUNTAIN TOF
.MONTCLAIR, N. J.
PENINSULA HOUSE, *««»««•
A select fami!> h"f-: on ocean front. i-hrr.rar.urT X:--
Pl»a«iire Bay M-tmin? concwrts. Evening dances, T»»
reputation Is excelien:. '™£* A ™££^ PEDERER.
THE BERWIN,
ASF.IRT TARK. N. J.
Absolutely first cUjs; • i * vaiof to ■«££» IBirßiJoSl^1 B ir ßiJoS l^
en eutte wtth bath. S. BAKER BHWiUi
msj \TFtIPn Maiß A *"" Otean Gro*e. ». 3.
i 3 J. t\j-\ ll\itV 19 ThtrJ door from the ocean.
Good tabla; reasonable: 50 rooms- A. W. LTMa-S.
rawjwn vanu.
THE KITTATINNY,
OPEN . DEUHARE HATER OAP. P.%. RATES.
opfn- al: TEAR spbtial a:tt mv rates.
larce-' most moJern and leading hotel. N STe»m
h^t:%un parlors. Orchestra. _^i?t. for b«*l-6
showing hotol. auto maps. G FRANo. COPE.
POCONO MOUNTAIiNS.
r»VAn?\«IS PA.-»« ; Sprue* Cat.m tea. Rooraa ea
tail, and with bath. Sookl«t. W. J A M. D. PRICE.
Excursions.
CHARMING EXCURSIONS
Up the Picturesque Hudson to - .
West Point, Newburgh and Poughkeepsis
Dally (except Sunday) by Paiace Iron Day Use Stsatn ■
*rs -Hendrlck Hudson." -New Tork" and "Albany."
Brooklyn. Fulton St. 4by Annex), 6. Desbi St. 8:49
and 9 \ol W. 42d St.. 6:00 and 10.00: W 129ti! St.. » .2*
and 10.20 A. M. Itaturalns en eiitier boat da* *-& St.
6.30 or 8:40 P. M. .
On Saturdays at West Point Fun Dims lnapectioai
wltn the band at 125 p. ■
MORNING AND AFTERNOON CONCERTS.
DELIGHTFUL AFTERNOON EXCURSION TO
WEST POINT
STEAMER MART TOXTZUL.
LeaTtnc r*eebross«» St.. 1:43: W. *33 St. 2*o; TT. I2?t1»
Et 220 P. M. Arriving West Pom: SP. M.. where e<oaa>
rcnnectlcn « mad« for New Torlt witn Day Una steamer
-ALBANY" Excursion far© $100 Also choice when
tuvlng ticket of return by any West Snore or N. T.
Cent train or Cent. Hudson Str.. *1-H). «-.vin« ■■!#!■
time to see Cadet* la Camp, Public Bulldlnsa. .to.
Orchestra en Board.
These Excusions Made Daily. Except Sunday.
POPULAR ytfrSfc. '
EXCURSIONS (H32SJ
NEXT SUNDAY "%£§/
LAKE HOPATCONQ
ROUND TRIP TICKETS j CHILDREN
si.oo I so ct».
LEAVE W. 23d ST. 3. 50; LIBERTY ST. 9 A.M.
ATLAiNTIC CITY
ROUND TRIP TICKETS I CHILDREN
LV. W. 23d ST. 7.50; LISEHTY ST. B.CO A.M.
RETURNING LV. ATLANTIC CITY 7.00 P.M.
ROCKAWAY BEACH
Trains leave N. T.. East 34th St. Stm. <vla Lonaj Islam*
K. R-). week day». «:30. B^o. »:20. 13:30. 11 JO JL IL.
1^:5« «1 30. 1:90 '2:20. 2:90. 6:10, 4:30. 6:20. 8:30. 6 *«J.
t:Cu. »:(*>. 10:SU. U:0l> I. M.
Leave. Brooklyn (Flatbush Aye Sta.>. week days, •:©*»
« 4.V 7:20. b:25. I- -"»' ly:00. 10:42. 11:15 A. M.. 12:10.
1M I,TJ a:29. 8:17. *:18. 4:47. 9.1». 5:47. •:» 7:03>.
i 8:22. 0:45. 11:20. 12.11 P. M. *Sats. only.
I BLOCK ISLAND, $ 1 .50
D EXCURSION EVERT SUNDAY
: Via U. I. R. R. Pp«ctal E»pr«!<9 tra'.n to Til
tauk. thence by Str. ••Shlnneock" to Block Us
and. Leave N. T.. V. 34tc St.. 3D: Brooklyn.
Klatbush At« 26 A. M. See Friday even!::,
: and Saturday morning's papers.
■iW^— ■^^— — — —l — — — fc.
SEEIN6 MEW YORK eticlrclln,- th- vi
yinilT Manhattan. Leaves too*
I Awn I West 22d St.. Nartk)
I River. 10 A. M. -\~ 2:80 T* V eTery day and Sunday.
All points of Interest explained by slrlMsd lecturer.
I Fare, il 00. Tel.. 4944 — Gramercy.
RED BANK L.IIVE.
Leavvs FrankUa St.. Plor 24. N. R.. ila...y " 25 A. IL.
»:80 P. M. <Sun.. 8:25. 9:15 A il.>: Battery. ■>:.-> A. Si.. ;
5:55 P. M. 'Sun. Sls 9:25 A. M.). for land*. Hal
Back, ate Cxo- AOc Trolley to .- •< Branca. «tc
Day on Oc«an_ A;. Foßt«r*s Iron .->tr Aright*
fesffllfkln E. -X«: st. 7:15; Battery. i:00 a.m. -;«ta.
4*™**ilK^lsc.; Udl«*. fete. Music Relmmii, eiu i>t^>
TB