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The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, June 16, 1903, Image 10

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045366/1903-06-16/ed-1/seq-10/

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WHEAT DIPS A FRACTION BDF CLOSES FIRM
Good Weather the Cause of Early
WW '
SellingBullish Illinois
Report Later.
Winter Wheat Harvest Starting
p , Under Very Favorable
t Conditions.
World's Visible Decreased 4,152,000
"".shelsNews and Gossip
of the Day.
M'-mei polls Chamber of Commerce, June 16.
nvei.uhjiyj looked a little shaky for the bulls
hi wheat this morning and there were premoni
tor\ -sjinptoms of weakness distinct enough to
cause selling of long September wheat. Having
opened easy the market rallied a fraction and
thou fell off again, turning dull. Outside trade
was light and the pit tradeis had the eailj
uuiket pretty much to themselves. The weather
w.is almost perfect. Thut the -nlntei whoat
Inn est should get well under way it is desirable
, th.it tin re should be no heavy rains for a time
and in this respect the outlook is now very
favoi.ibJa. Two low baiometer aieas were shown
en thi' map, the one In the extreme northwest
end of the country, covering Washington, and ex
tending Into British Columbia, the other along
the central Atlajtic coast, both as far from the
winter wheat as could be wished. Ovei the
noil It\ est spring wheat area there Is a "high"
si.o\ n and the prediction for this teriltoiy is for
fan woatuer to-night and Wednesday. The St.
Louis bulls are apparently still inclined to the
belief that there Is a fair chance for a wet
harvest, but present conditions do not show the
most iemote indication that way. Te\as, Okla
1 onus, Kansas, a part of Missouii and a few
scntteied localities in bouthern Illinois teport
wheat harvesting getting under way. This will
mean the beginning of a movement of new wheat
into 6t. Louis, Kansas City and Chicago shortly.
Of course theie is nothing especially weaken
ing In this as every one looks for it. But this is
piobu'ily the most Important speculative influ
ence uow. The bulls insist that no such move
ment can possibly develop as can bring on any
weakness, as the stocks are so light this yeai
and conditions all aiound so different from ordi
nal j that however heavy the receipts may run
PVPJJ thing will be cared for. And the further
bull assertion is that every one has been figuring
upon heavy receipts and an early movement,
and unless It Is materialized to the full the mar
ket Is likely to be affected contrariwise. The
beats are calculating upon this movement to
bring a setback in St. Louis, and the many who
lie bulls on the general situation are looking to
rlil-. to bring the break on which they aie ready
to buy wheat, which they will not buy now
heiause a break would not be unnatural at this
time. The maiket continues showing underlying
tinaness and whatever the direction may be for
tJ'e immediate futurewhich Is a matter of
, weather conditions entirelythere is an under
tone of strength and good support is likely to
di velop on any material break.
The world's visible supply, according to Brad
street's figures, decreased last week by 4.152,-
(- i0 bu. East of the Rocky mountains the de
cease is 4,452,000 bu, offset a little by an
i-icrease of 300,000 bu in the quantity In Europe
and afloat. Minneapolis received 110 cars against
80 last year, and Duluth had 96 against 8. Pri
mary points received 246,000 bu against 270,000,
rpd shipped 140,000 against 470,000. Wheat and
flour clearances equaled 435,000 bu.
The French report on wheat makes none of the
winter wheat very good and 38 per cent good.
Forty-four per cent is fairly good aud 4 per cent
middling. One per cent is poor and nothing veiy
poor. Iu spring wheat the very good is placed
at 1 per cent, good at 22 per cent aud fairly good
80 per cent. Foteign crop advices on the whole
were a little more favorable to-day, while the
foreign markets'were dull and easy.
The following aie the cable replies received
about growing crops in Europe by Harris-Gates.
ParisWeather In France cold and wet. Wheat
crop reported damaged but damage to crop prob
ably exaggei at somewhat
MarseillesWheat crop in North Africa expect
ed 1o be an average one and of good qaulitj.
Odessa Piospects of wheat crop favorable In
southern Russia.
NaplesWheat crop accounts in Italy general
ly favorable.
BerlinGermany's piospects becoming more
favorable Prospects for Europe in general will
be for smaller wheat crop than last year, but
of good quality.
The Illinois state crop report estimates the
submerged area at 500.000 acres, principally of
corn or wheat lands, in in most instances loss
Irretrievable. In the central and northern dis
tiicts wheat shows decided improvement, but
considerable complaint Is made of tust. Condi
tions are disappointing in the southern dis
tricts, with yields reported light and far below
the average. The weather is too cool for corn
and the plant has made little giowth and many
fields are turning yelkw. Some report foul con
ditions bu*- cultivating has ben in active opera
tbrnout the week under most favorable condi
tions Oats in the central and northern districts
continue to impiove. A few fields are short and
uneven, but the general condition at this time
is promising.
The market turned strong near the c lose, re
covering the loss of earlier in the day, and
closing firm, July at 79@79%c, and September
at 72%@72ytc.
Most of the cash wheat went? for delivery on
sales, and there was good demand for everything
left.
THE FLOUR MARKET
SMALLER DEMAND TO-DAYFOREIGN
QUIRY LIGHTER.
A good trade Is reported in flour from local
buyers and from the domestic trade in general.
Business In this respect Is very satisfactory. The
- foreign demand, which was lively for a day or
two, was reported this morning as having sub
sided to a considerable extent, and foreign sales
are not heavy. The tendency is to hold prices
firm, but the uqotations are hardly as tight as
yesterday, and. a shade easier on patents.
Shipments continue about the same in volume
as for a fortnight, yesterday's figures showing
B4.213 brls.
First patents are quoted [email protected] second
patents, $4.10^4.20 first clears, [email protected] sec
ond clears, [email protected].
THE CASH TRADE
ALL MARKETS QUIETERFLAX SHOWS
* CONTINUED WEAKNESS.
FLAXThe market was very dull to-day and
weak and lower. Receipts fell ofE and there was
not much to trale on. No. 1 sold at $1.06.
Minneapolis received 6 oars, agalnit 4 last
year and shipped 4. Duluth received 39 cars.
Closing prices- Mlnneuolis cash. $1.05% to
arrive. $1.05% June, $1.05 July, $1.05 Septem
ber, $1.07.
OATSFor No. 3 white as high a 37 %c was
paid. Trade is good and demand very active
all around. No. 3 white closed at 37@37%c. Re
ceipts, 40 cars shipments, 23 cars.
CORNReceipt! picked up but a good part
went for delivery on pievlous sales to arrive.
The market was easier and prices lower. No. 3
yellow closed at 52(253e. Receipts, 20 cars
shipments, 1 car.
FEED AND MEALCoarse corn meal and
cracked corn, $19g.l9.25 No. 1 ground feed
2-3 corn and 1-3 oats. $19 10 25 No 2 ground
- feed. % corn and % oats, [email protected] No. 3
F ^-ground feed, 1-3 corn and 2-3 oats, $19.75@20.
$ MILLSTUFFSBran in bulk, $14si.l 25
'*Jsbort in bulk. [email protected] flour middlings in
i bulk, $16 255,16.50 red dog, $18 75@19 all f.
55 o. b. In Minneapolis feed in 200-lb sacks, $1 oer
I?*'ton additional In 100-lb sacks, $1.50 per ton
|"J
n
additional. Shipments. 1,26 5 tons
* " BARLEYFeed grades are quoted at 43@46c
fc-malting grades, 46@52c. Receipts, 10 cars
Wi shipments, 4 cars.
jfr RYENo. 2 closed at 47%@48%c Receipts,
W-i 4 cars shipments, 2 cars.
Ipf HAYTimothy, choice to fancy, [email protected]
ferNo. 1, $12.60@13: No. 2, $11.50@12, upland,
"choice to fancy, [email protected]: No. 1, $11@11 25
No. 2. [email protected] midland, [email protected] low to me
dium grade wild, [email protected]: rye straw, [email protected]
' oat and wheat straw, [email protected]. Receipts,
'( 2J7 tons shipments, 39 tons.
CASH SALES REPORTED TO-DAY. ~
No. 1 northern, 11 cars $0.89%
* No. 1 uorthein, 3 cais 80%
No. 1 northern, 16.000 bu 80%
"" No. 2 northern. 15 cars 79%
No. 2 northern, 1 car, soft 78%
No. 2 northern, 3 cars 79%
No. 2 northern, 1 car 79%
No. 3 wheat, 3 cars 7S
- No. 3 wheat, 5 cars 77%
* No. 3 wheat, 5 cars 77%
Rejected wheat, 1 car 77%
No grade wheat, 1 car , . 78
No grade wheat, 1 car 76%
No grade wheat, 1 car 77
No grade wheat, 1 car 73
No grade wheat, 2 cars 75
: H *
C. C. WYMAIN & CO.
I
Grain Commission, 805-5DS Cianbir of Commerce.
Flax Turned Very Weak en Improved Outleok for Crop.
TTTESBA Y EVENITO,
July.? .79
Sept. .71%
Dec. .71^4
^^fC^f l^ar: THE MINNEAPOLIS JOUKNAt.
EANGE OF WHEAT PRICE IN MINNEAPOLIS
Open.
Rangre of July Wheat.
5** A
/
Jb A%. /&:? //ft
n
Close Close Close
High. Low. To-day. Yesterday.
$ .79 @79% % .78%@78% % .79 79% $ .79% * .76%@75%
.72%@72% -71%@71% .72%@72tt .72%@72A .69%
.71% - .70% .71%
THE DAY'S RESULTS
Minneapolis $ .79 @79% $ .79%
Chicago 76%@76% .76%@76%
Duluth . * 80% .80%
St. Louis 78% .78%
Kansas City 68% '.67%@68
New York S2% .82%
July Wheat.
Close Close
To-day. Yesterday.
CLOSING CASH PRICES
On TrackNo. 1 hard, 81%c No. 1 northern, 80%c No. 2 northern, 79%c.
No. 1 flax, $1.05% No. 3 yellow corn, 52@53c.
No. 3 white oats, 37@37%c No. 2 rye, 47%@48%c.
Barley, 42c to 50c.
No grade wheat, 3 cais 6S
No grade wheat, 1 car 69
Xo grade wheat, 1 car 74
No grade wheat, 1 car 76
Xo. it white oats. 6 cats 37%
Xo. 3 white oats, S cars -37%
No. 3 white oats, 2 cais 36%
No. 3 white oats, 3 cars 37
Xo. 4 white oats, 1 car 36%
Xo. 4 white oats, 6 cars 36%
No. 4 white oats, 1 car 37
No. 3 oats, 1 car 36
No grade oats, 1 car, wheaty 35%
No grade oats, 1 car 86%
Xo grade oats, 1 car 35^4
No. 5 barley, 1 car 44%
Xo. 1 flax, 1 car 1.00
Rejected flax, 1 car 1.03%
-. ***\S I
\r
RECEIPTS AND SHIPMENTS, JUNE 15.
ReceivedWheat, 110 cars, 102,330 bu corn,
16,200 bu oats, 44,400 bu barley, 8,400 bu rye,
3.140 bu flax, 5,160 bu flour, 400 brls mill
stuffs, 30 tons hay, 207 tons fuel oil, 3 cars
fruit, 391,530 lbs merchandise, 1,758,876 lbs
lumber, 47 cars barrel stock, 9 cars machinery,
480,700 lbs coal, 959 tons wood, 58 cords brick,
95,000, lime, 2 cars cement, 870 brls house
hold goods, 24,200 lbs pig iron, 65 cars railroad
iron, 22 cais ties, 1 *car stone and marble. 5
cais live stock, 2 car's dressed meats, 88,000
lbs wool, 3,100 lbs railroad materials, 16 cars
sundries, 77 cais. Car lots, 648.
ShippedWheat, 09 cars, 67,200 bu corn,
800 bu, oats, 34,270 bu barley, 7,360 bu rye,
1,880 bu flax, 2,160 bu flour, 54,213 brls mill
stuffs, 1,265 tons hay, 30 tons fruit. 20,000 lbs
merchandibe, 2,573,730 lbs lumber, 87 cars ma
chinery, 261,000 lbs. brick. 8,000 lime, 1 car
cement, 640 brls stone and marble, 3 cars live
stock. 9 cars linseed oil, 200 brls oil cake,
631,490 lbs railroad materials, 45 sundries, 26
cats. Car lots, 865.
rCLCl
vvr
STATE GRAIN INSPECTION.
Inspected InWheatCarsGreat Northern
No. 1 hard. 2 No. 1 northern, 77 No. 2 north
ern, 68 No. o, 10 rejected, 7 no grade. 1.
Chicago, Milwaukee & St. PaulNo. 1 north
ern, 22, No. 2 northern, 44 No. 3, 13 rejected.
10 no grade, 9.
Minneapolis & St. LouisNo. 1 northern. 8
No. 2 northern, 13 rejected, 2.
Soo LineNo. 1 northern, 12 No. 2 northern,
11 No. 3, 2, rejected, 1.
Northern PacificNo. 1 northern, 6 No. 2
northern. 19, No. 8. 4 lejected, 2, no grade, 4.
Chicago. St. Paul, Minneapolis & OmahaNo.
1 northern, 3 No. 2 northern, 5 rejected, 1
no grade, 18.
Chicago Great WesternNo grade, 1.
TotalNo. 1 hard, 2, No. 1 northern, 128 No.
2 northern, 1(5 No. 3, 29 rejected, 23 no grade,
28.
Other GrainsCarsNo. 3 winter wheat, 18
No. 3 yellow corn, 1 No. 4 corn, 1 no grade
corn, 3 No 2 white oats, 1 No. 8 white oats,
28, No. 4 white oats, 35 No. 3 oats. 17 no
grade oats, 12 No. 2 rye, 3 No. 3 rye, 1
No. 3 barley, 2 No. 4 barley, 11 No. 5 barley,
12i no grade barley, 1 No. 1 flax, 45 rejected
flax, 9.
Cars Inspected OutNo. 1 hard wheat, 5 No.
1 noithern wheat, 45 No. 2 northern wheat, 25
rejected wheat, 6 no giade corn, 1 No. 2 white
oats, 4 No. 3 white oats, 12 No. 4 white oats.
7 No. 3 oats, 11 no grade oats, 2: No. 4
barley, 1 No. 5 barley, 1, No. 1 flax, 7.
FRENCH WHEAT CROP.
The follow ing is the official crop report of con
ditions and area, with comparative data for for
mer years.
NEW YORK FLOUR AND GRAIN, June 16.
FlourSales, 4,200 pkgs, market firm at old
prices. WheatSales, 800.000 bu market steady
and unchanged, except July, which advanced on
small stocks, but later reacted July, 82%@
82%c September, 78%@78%c December, 78 7-16
f
l78 ll-16c. RjeSteady state, 56%@59 cl.f.
ew York No. 2 western, 59c f.o.b. afloat. Corn
Sales, 75,000 bu market generally firm and
higher on more bullish crop news July, 56%@
57c September, 54%@55c. OatsMarket quiet
but steady, track white, 41@46c.
Close. WheatJuly, 82%c September, 78%
@78%c.
CornJuly, 57%c September, 55%c.
MILWAUKEE FLOUR AND GRAIN, June 16.
Flour, steady. Wheat, strong, No. 1 northern,
85c No 2 northern, 83%@84c July, 86% @
86%c. Rye, firm No. 1, 53@53%c. Barley,
dull, No. 2, 57@57%c sample, 46@53c. Oats,
setady: standard, 39%@39%c. Corn, July,
49% c.
WheatPuts, 76c calls. 76%@76%c.
CornPuts, 49%c calls, 50%c.
CHICAGO SEED AND COARSE GRAINS,
June 16.RyeJuly, 51% September, 50@
50%c.
FlaxCash, N. W., $1.08 S. W., $1.05 July,
$1.05, September, $1.08.
TimothyJune, S3.75.
CloverJune, $11.50.
BarleyCash, 47@56c.
Number of Departments.
Winter Wheat 1903. 1902. 1901. 1900.
Very good 0 1 3 2
Good ,.. 38
Fairly good 44
Middling 4
Poor 1
Spring Wheat
Very good 1
Good 22
Fairly good 30
Middling 0
The area under winter nad spring wheat was
estimated In 1902 at 16,787,000 acres, against
16,768,000 for 1901.
Daily Wheat Movement.
The following are the receipts and shipments
at the principal primary wheat markets.
Receipts. Shipments.
Bushels. Bushels.
New York 7,900 100,000
Philadelphia 2,578 1,600
Baltimore 18,030 32,000
Toledo 17.500 2,775
St. Louis 7,000 None
Chicago 39,000 28,050
Milwaukee 21,121 2,000
Duluth 56,309 35,000
Minneapolis 102,330 67,200
IN-
WHEAT MOVEMENT BY ROADS, JUNE 15.
ReceivedMilwaukee, 24 cars Omaha, 8 St.
Louis, 7 Great Northern, 11 Burlington, 4 Soo,
9 Northern Pacific, 37 Chicago Great Western,
2, Rock Island, 8.
ShippedMilwaukee, 25 cars Omaha, 1 St.
Louis, 13: Great Northern, 2 Burlington, 15j
Northern Pacific, 1 Chicago Great Western, 10
Rock Island, 3.
CHICAGO GRAIN
OPENING PRICES IN WHEAT BARELY
STEADY UNDER BEARISH CABLES.
Chicago, June 16.Opening prices in wheat
barely steady under the influence- of indiffer
ent cables and bearish foreign news, reports
from France and Russia being to the effect
that the crop In those countries was In bet
ter shape than anticipated. July was a shade
lower to a shade higher at 75%c to 76c, while
September was unchanged to %c lower, at 73%
@73%c to 73%@73%c. Trading was small,
but the market came somewhat firmer toward
the end of the first hour on a fair demand from
locals, September advancing to 73%@73%c and
July to 76% c. Minneapolis and Duluth reported
receipts of 206 cars, which, with local receipts
of 66 cars, one of contract grade, made total
leceipts for the three points of 232 cars, against
304 cars last week and 146 cars a year ago.
The market was helped by the large decrease
in the world's visible, and by the rumors that
the Illinois crop report was quite bullish, but
profit-taking caused a reaction and the close was
steady, with Jnlv and September unchanged at
75%@76c and 73%@73%c.
CloseWheat, July, 75%@76c old, 76% @
76%c September, 73%@73%c old, 78%@73%c
December, 73%@73%c old, 73%c.
Cash wheat, No. 2 red, 77c No. 2 red, 74
76c, No. 2 hard winter, 77c No. 3 hard Win
ter, 73@75c: No. 2 northern spring, 79c No. 2
northern spring, 76c No. 3 spring, 73@76c.
Large receipts and excellent weather were
bear factors in corn at the start, but the good
cash demand of yesterday together with higher
cables olset these depressing influences and
opening piices were firm, July being unchanged
to %c higher at 48%c to 48%c, and September
a shade higher at 48c. There was a good scat
tered demand early in the day, and with light
offerings the market became firmer, July sell
ing at 48%c and September at 48%c. Local
receipts were 73 cars with 31 of contract grade.
There was a good demand, caused a shaip ad
vance in prices later and the market con
tinued strona thruout the session, closing at
the top with July lc higher at 69%c, and Sep
tember up l%c, at 49%@49%c.
Close: Corn. June, 49%c July, 49%c Septem
ber. 49%@49%c December, 47%c May, 47%c
cash corn, No. 2, 49@49%c No. 3. 49@49%c.
There was no feature in the early trading In
oats, the market being quiet and steady. Com
mission houses were fair sellers, but the offer
ings were readily absorbed by local traders.
July opened unchanged to %c higher at 38%e
ST. LOUIS GRAIN, June 16.Close: Wheat
Lower: No. 2 red cash elevator, nominal: July,
78%c September, 78%c No. 2 hard, 77@78e.
CornHighei No. 2 cash, nominal, July, 48%@
49c September, 47%@43%c. OatsWeak No.
2 cash, nominal July, 38%c September, 33%c
No. 2 white, 48c, nominal.
59
24
3 1
43 34
o 0
22
45 17
1
3
32 10
'A
1
18
20
3
5
23 20
3
LIVERPOOL GRAIN, June 16.WheatSoot
quift No. 2 red western winter, 6s 3%d No. 1
northern spring, 6s 7d No. 1 California, 6s 8d
futures quiet July, 6s 3%d September, 6s 2%d.
CornSpot American mixed, new, firm, 5s Id
American mixed, old, quiet, 5s 2d: futures quiet
June nominal July, 4s 8%d September, 4s 6H&.
SELLING CONTIKDES
Stock Market Opens Weak in Sym
pathy With Tone of Lon
don Cables.
v Year Ago.
Prices Rallied Slightly, However,
- Just Before NoonCanadian
Stocks Again Weak.
Sept. Wheat *
Close
To-day.
72%@72% 73%@73%
73% 7sy4
Close
Yesterday.
$ .71%@72% .73%@73% .73% .73%
PUTS AND CALLS.
PutsSeptember wheat, 71%@71%c.
Calls^September wheat, 72%@72%c.
CurbSeptember wheat, 72c.
PROVISIONS
CHICAGO PROVISIONS, July 16.A light run
of hogs with an advance of from 5c to 10c at
the yards, caused firmness In provisions at the
start and with a good demand from brokers
the market held firm the early part of the ses
sion. September pork opened 7%c higher at
$16 92% September lard was up 2%c at $8.97%,
while ribs were up 2%c to 5c at $9.30 to $9.82%.
PorkJuly, $16.97% September, $16.87%.
LardJuly, $8.87% September, $9 October,
$8.82%. ^
RibsJuly, $9.32% September, $9.80 Oc
tober, $9.
NEW YORK PROVISIONS, June 16Beef-
Easy family, [email protected] mess. [email protected]
ackct, $9.50@10. PorkSteady. Lard
teady prime western steam, $9.15.
MISCELLANEOUS
NEW YORK. COTTON, June 16.After open
ing about as expected at an advance of 6@10
points, the Liverpool cotton market turned very
weak, prices there at the time of the local open
ing being net unchanged to 3 points lower. This
was accepted as a signal for general unloading
locally, and at the start prices were 9@13 points
below yesterday's close. They showed still fur
ther weakness under vigorous hammering by the
bears, who, in addition to the break abroad,were
encouraged to sell by the favorable weather and
larger receipts. After'the first rush of selling
orders had spent itself the market hesitated,
however, steadied slightly, and at the end of the
first half hour was feverish and irregular at a
net decline of 8@16 points.
Spot, quiet middling upland, 12c middling
gulf, 12.85c.
Estimated receipts at the ports to-day, 3.S0O
bales, against 2,079 last week and 5,260 last
year. For the week. 12,000. against 18,029 lat
week, and 21,864 last year. To-day's receipts
a tNew Orleans, 1,718 bales, compared witn 2,127
last year, and at Houston 409 bales, against 809
last year.
Spot closed quiet and 20 points lower mid
dling uplands, 12.40c middling gulf, 12.65c.
Sales, 548 bales.
The sentiment was bearish, selling orderB pre
dominating, and by midday prices were 15 to
20 points lower. Then came the weekly report
of the weather bureau, which was more favor
able than expected, and caused an immediate de
cline of 5to 6 points.
NEW YORK COFFEE AND SUGAR, June 16.
Sugar, raw, steady: fair refining, 3%c centrif
ugal, 96 test, 319 32c molasses sugar, 2 29-32c
refined, steady crushed, 5 45c powdered, 4.95c
granulated, 4.85c. Coffee, quiet No. 7 Rio, 5%c.
Molasses, firm New Orleans, 31840c
, v
NEW YORK LEAD AND COPPER, June 16.
Lead and copper quiet and unchanged.
ST. LOUIS LEAD, June 16.LeadStrong.
$4.15 spelter, strong, $5.70 spot.^.'"
- GRAIN TRADE GOSSIP
Clearances: Wheat and flour, 435,000 bu
corn, 189,000 bu oats, 21,000 bu.
Liverpool close: Wheat, %@%d higher corn,
%@%d higher.
Gardner wired from St? Louis: Not much
doing. Crowd as bullish as ever, but doing the
buying themselves. No outside buying.
The president of the Kansas Grain Dealers' As
sociation intimates that- the Kansas wheat crop
will be between 70,000,00 and 80.000,000 bu.
King, of Chicago, to Lewis: Wheat has been
sold very freely. More to than crop news war
rants. Local holders are well shaken out and
the market will respond very quickly to any
bullish news.
St. Louis wired here they are harvesting wheat
in Kansas as far north as Sullivan county.
Kansas City wires Aborts are buying corn for
fear of dry weather, from Kansas and Missouri.
Clear and fair weather predicted for to-morrow.
London close: Wheat, unchanged to %d
higher. 'taxlF
!i&g$SB&&!BlB!aai!^^
jfa,JS aaJAtx S.M3kiJite
New York, June 16.London sent decidedly
lower prices for Americans this morning and
the openiug here was to correspond. Blocks of
1,000 shares and upward of the leading stocks
were traded iu, some of them at declines of a
point and upwards. There were 6,000 shares
of Atchison sold at 65% aud 65%, compared with
66% last night. Norfolk & Western ran off 2%,
Baltimore- & Ohio 1%, Reading 1% and Cana
dian Pacifis, Missouri Pacifls, Rock Island, Sugar
and Amalgamated a point or more.
Prices rallied a small fraction, but the effort
to hold the market was abandoned as soon as It
was noticed the rise was bringing out more of
ferings. All the leaders fell below their first
prices and declines over night ran over a point
in a number of cases. Atchison lost 2%, bring
ing It within a fraction of last Wednesday's low
figure. The decline reached about 2 points in
Baltimore & Ohio, Norfolk & Western, Reading,
Missouri Pacific and Louisville. Kansas City
Southern preferred declined 5%, Colorado Fuel 6,
St. Paul preferred, Canada Southern, Lackawan
na and American Telephone and Telegraph 8
Metropolitan Securities 3% and Realty preferred
3%. Most of the active stocks were ruling a
fraction above the lowest, and the market was
less active at 11 o'clock.
Pressure to sell continued into the second hour,
forcing declines of 2 to 2% in Canadian Pacific,
Des Moines & Fort Dodge, Consolidated Gas,
Metropolitan Street Railway and North Ameri
can. The suicide of a bank official was given
a sensational significance by the bears, but
prompt assurances that no financial irregulari
ties were involved induced covering by shorts.
Bulletins were publishe'd to thee effect that proba
i
.65%@65% .65%
.78% , .78%
to 38% c, and September was a shade lower to
a shade higher, at 33%c to 33%c. Local re
ceipts were 239 cars.
Close. Oats, June, 38%c July, 89%c Septem
ber, 8S%ci December, 34c: May, 35%c cash
oaib, No. 2, 37c No. 3, 36c.
The following was the range of prices for
old delivery-
Wheat July. Sept. Dec.
Opening 76@76% 73%@% 73%
Highest 76%@% 73% 73%
Lowest 76 73% 73%
Close
To-day 7i4@% 73%% 73%
Yesterday 76% 73%% 73%
Year ago 72% 71 72%
The following was the range of prices for
new delivery.
Wheat July. Sept. Dec.
Opening 75% ($76 73% 73% @%
Highest 76% 73%@% 73%
Lowest 75% 73% 73
Close
To-day 75%@76 73%@% 73%@%
Yesterday 75%@76 73%@% 73%@%
Corn
Opening 48%@%
Highest 49%
Lowest 48%
Close
To-day 49%
Yseterday ..... 48%
Year ago 67%
Oats-
Opening 88%@%
Highest 39%
Lowest 38%
Close
To-day 89%
Yesterday 38%
Year ago 37%
yxv \ ^
47%@48 46% @%
49% 47%
47%@48 46%
49y4@% 47%
47%@48 46%
59 44%
33% @% 33%
33% 84
33% 33%
83% 34
33%@% 33%
28%@% 30%%
OTHER GRAIN MARKETS
DULtTTH GBAJN, June 16.July flax lost l%c
before noono and futures 2c. The market was
very weak, with long flax coming fcut in qutntity
and with country selling against new crop pros
pects. The business was large. The decline In
flax has been 10c in three weeks. September
sold off to $1.08 and reacted slightly toward the
close.
Wheat declined %c September, from 73%c to
73c. It was fairly active. The close showed no
change from yesterday, at 73%c September.
ShipmentsWheat, 35,000 bu flax. 23,520
oats. 2,166 barley. 1,986. ReceiptsWheat, 96
cars aflx, 39 lye, 3 oats, 12.
Close: No. 1 hard, to arrive, 82c No. 1 north
ern, 80%c No. 2 northern. 79c July No. 1 north
Cm. 80%c: September, 73%c December, 71%c
flax, cash, $1.06% July, $1.06% September and
October, $1.08: November, $1.08% oats, 37@
37%c rye, 50c.
700
Evans & Ter H
Gen. Electric.
Hocking Val..
do pr
111. Cent
Iowa Cent ...
do pr
K. C. Ac South.
do pr . ...
2,500
ctflca,t 123%D,e
miners
Sales.
* , ,11 Close
btocks | Higb-1 Low- I Bid. | Bid.
I est. | est. |Jun.l6|Jun.l5
Am. Cot. 11 ..
do pr
100
100
A.m. Car
do pr
Locomot.
pr
Ice
pr
Linseed .
pr
Am. Sugar ...
do pr
Am. Smelting
do p- ....
Amal. Cop ..
Anacon. Cop
Am.
do
Am.
do
Am.
do
133%
27%
A
en
182
26%
S,
al
.!.
r
n
GENERAL PRODUCE
OFFICIAL QUOTATIONS OF THE MINNEAPO-
LIS PRODUCE EXCHANGE. k
strik had been averted
and this helped the rally. Recoveries of 1 to
1% were made by the active leaders, including
the Coalers St. Paul, Union Pacific, Missouri
Pacific, Atchison, Wabash, Louisville, Amalga
mated and Colorado Fuel. American Woolen
preferred rose 3. The market was strong and
active at noon.
The buying movement slackened considerably
nut was no impairment of the market's
strength and before 1 o'clock prices went some
what higher In spots. Really all of the fore
noon s loss was recovered by the Pacifies, South
ern, Erie, Reading, St. Paul and Amalgamated.
Prices made further recoveries, the level of
prices quite generally rising a fraction over
last night. Delaware & Hudson gained 1% and
New York Dock preferred 2%. Buying was on
a moderate scale, but well distributed and was
sustained on advancee,.
Bonds were weak at noon.
Stock quotations reported for The Journal by
Watson & Co., brokers. Chamber of Commerce,
Minneapolis. '
Closing figures aer bid.
Tuesday, June 16.Extra creamery cut
ter, lower packing stock, firm. Stricter fresh
eggs, firm. Fancy country dressed veai, firm.
Poultry, weak.
BUTTER^Extra creameries, per lb, 20c firsts,
19c seconds, 16c dairies, extras, 17c firsts,
16c seconds, 15c packing stock, 14%c.
EGGSNew laid eggs at mark, new cases In
cluded, 14c and shipping cases, 18%c eggs,
candled, loss off, per doz, 14%c dirties, $3.50
per case for candled seconds, including small,
shrunken and dirty, $3 per case checks, $2.50
2 per case, according to quality.
CHEESETwins or flats, fancy, 12c twins or
flats, choice, lie twins or flats, fair to good,
10c Young Americas, fancy, 13c brick, No. 1,
12%c brick, No. 2. 9%i10c brick. No. 3, 7@
Sc primost, No. 1. 8c pultost, lc Swiss, No. 1,
round, 14@14%c Swiss, No. 2, lound, 12c
Swiss, No. 1, block. 14@14%c Swiss, No. 2,
block, 12c daisies, No. 1, 12%3)13c
LIVE POULTRYTurkeys, mixed coops, 10
lie turkeys, thin, small, unsalable chickens,
hens, 9@9%c chickens, roosters, 6c broilers,
1% to 2 lbs, doz, $4 broilers, 1% to 1% lbs,
doz, [email protected] broilers, 1 to 1% lbs, doz. ?2.2o@
2.75 broilers, % lb (peepers), doss^ ?1.50@2,
ducks, young, white, 10c ducks, young, colored,
9c: geese, fat, heavy, 6(f?7c.
DRESSED MEATSVeal, fancy, per lb, 6@
6%c, fair to good, 5?i/6c small or overweight,
4c mutton, fancy, 7 lambs, yearlings, fan
cy, 10c milk lambs*, pelts off, 12@13c hogs,
light, 6%c medium, 6%c heavy, 6%c.
FISHCrappies, medium to large, 6c small,
8@4c pickerel, 4@5c buffalo, 3c bullheads,
6c sunfish, perch, etc., 3@4c: pike, 5%c.
TOMATOESFlorida, per 6-basket crate, $3
4-basket crates, [email protected].
ONIONSPer sack, $2.
CABBAGE:New, per large crate, $3.75@4
small crates. $1.75.
POTATOESPer bu, small lots, 75c ear lots,
No. 1, sacks extra, 60c medium, sacks extra,
45c.
POP CORNOld rice, per lb, 4@5c new rice,
per lb, 2@3c.
NEW HONEYFancy white, 1-lb sections,
17c choice, 1-lb sections, 15@16c.
DRIED PEASFancy yellow, per bu, $1.75
medium, $1.50 green, fancy, $1.75 medium,
$1.25 marrowfat, $2.50.
BEANSQuotations include sacks fancy navy,
per bu, $2.60 choice navy, $2.50 medium, hand
picked, $2.25 medium, fair, $1.75 medium,
mixed and dirty, 65@90c brown, fancy, $2-
brown, fair to good, [email protected] Lima, Cali
fornia, per lb, 7c.
, APPLESBen Davis, $4.50 Willow Twigs, $6
Baldwins, [email protected].
PIN'BAPPLBSPer crate, [email protected].
CHERRIESCalifornia, per box, [email protected]
sour cherries, 24-qt case, [email protected] 16-qt
cases, [email protected].
ORANGESCalifornia navels.'fancy, $3.75@4
choice, [email protected] Mediterranean sweets, $3.50
budded seedlings, $2.75@3 Michaels, 126s to
288s, $3.50@4 Late Valenclas, all sizes, $4
4.25.
LEMONSMesslnas, 800s to 360s, fancy, $5
5.25 lemons, 300s to 360s, choice, $4.50 Cali
fornia, fancy, as to size, $5 choice, as to size.
$4.50.
GRAPE FRUITPer box, $3.50.
TAUGERINESPer half box, $2.50.
STRAWBERIES24-qt case, $1.85 16-qt
case, $1.25.
RED RASPBERRIES24-qt caBe. $4.
GOOSEBERRIES16-qt case, [email protected].
BANANASFancy, large bunches, $3 medium
bunches, [email protected] small bunches, $2.25
VEGETABLESWax beans, per bu, $2@2 25-
egg plant, per doz, [email protected] radishes, per doz
bunches, 15@20c lettuce, per doz, 20c lettuce
heads, per doz, 30c mint, per doz, 2o@80c: cu
cumbers, per doz, 7580c celery, per doz, $1-
turnips, per bu, 40c potatoes, per bu, $1.75@2-
asparagus, per doz, S5c@$l new beets, per
doz bunches, 75c@$l spinach, per bu, 50@60c-
green peas, per bu, $1.75@2 squash, summer
per doz, 75c$l.
34% 90 85% 89%
22 89
7%
31 10% 33
35%
90 85% S9% 22
S9%
7%
30% 10%
34
22% 89%
7%
31
34%
*21%
7%
30%
4,200
1.U00
119% 117%
45%
94 i
54%
119% 118%
45% 93% 54%
39,600
400
118% 119
45%
93% 53%
88 88
93% 84% 91
56%
|122
87
26% 66%
93 52%
120100|At.,Top.& SF
1,900
52,300 Bait. & Ohio.
100 do pr
10,000 Brook. Rap. T.
16,800 Canadian Pac
4,000 Ches. & Ohio .
Chi. & Alton..
do pr
Corn Products.
do pr .
4,700 Chi. Gr. West
do pr A..
do or B ..
C.,C.,C. & StL
Chi. Term.', . .
do pr
8,100 Col. Fuel & 1,1
1,400 Col. Southern
do 1st pr.
do 2d pr ..
2,000 Consol. ,Gas . :
Con. Tob. pr.
300 Del. & Hudson
800 Den. & Rio Gr
do pr
Des M. & Ft.D
Du..S. S. & At
do
Erie
do do
200
81,900
6,900
2,400
do pr
82%
93% 84% 92% 56%
'55%
50%
|123%|126%| 123%
37 26% 66%
29% 79% 18%
3b 26 66%
29% 79% 17%
37
26%
66%
29% 79%
18% 73 32% 84% 14 23%
200
N 29%
79%
18% 73% 33
85% 13% 24% 66 18
58%
27%
193%
113
32% 32%
66^.
58% 28
lT63
V .
r- 64%
18
58
27
19* 110% 172
27% 84
41% 11%
16% 82% 66
54% 60
177%
98%
90%
133%
27% 47
23% 43%
110%
58%
124% 135%
125
78
103
20% 49
194
56
27
172%
28% 84%
41% 12 16% 32% 66
55 '
60%
178
191 170%
27% 84
40 11% 16% 30% 64
53% 59
176%
172
28%
84 41 12
17 81%
64% 54% 60%
177
99% 92
pr 1st pr..
2d pr ..
132%
27 47 23
42
109
58
124 136%
125%
78
102%
'24"
45
111%
58%
"23
41%
107
56
1,200
200
3,600 9,900 Louis. K. N...
M.. St.P. & S.
do pr
Manhattan ...
Met. St. Ry ..
Minn. & St. L,
Mo. Pacific ...
M., K. & T..
do pr
Mes.. Cent ..,
Mex. Nat ....
do pr
Nat. Lead ..,
do pr
Norfolk & W
do pr
North Am. Co|
Nor. Securities
Northwestern .
N. Y. Central
N.Y.,0. & St.L
Ontario & w .
Pressed Steel .
do pr
Pacific Mail. ..
Penn. R. R..
do rights..
People's Gas .
Reading
do 1st pr.
do 2d pr..
Repub. Steel .
do pr
Rubber Goods.
do pr ....
Rock Island . .
do pr
St. L
do
do
St. L
do
136
125%
135
124
87,300
1,300
500
2,200 2,600 1,700
163"
20% 49 22
CHICAGO PRODUCE, June 16.Butter, easy
creameries, 16c to 21c dairies, 15%@18%
Eggs easy at mark cases, Included 3
14%c.
CheeseNew, steady twins. 10%c daisies
12c young Americas, ll@ll%c.
Live poultry, easier turkeys, lOo chick
ens, 16c.
19?
48 21%
" "43"" *"4i%
11,200
ii%
8* *
NEW YORK PRODUCE, June 16.Butter re
ceipts. 17,992 pkgs market steady state dairies,
17@21c extra creamery, 21%c creamery, com
mon to choice, 18@21c. Cheese, receipts, 9 027
pkgs: markets regular state full cream fancy
small colored, 10%c small white, 10%c large
colored, 10%o large white, 10%c. Eggs, re
ceipts, 19,260 pkgs market quiet state and
Pennsylvania, extras, 18%c state and Pennsyl
vania, firsts, J6%@17c western extras, 18%c
western seconds to firsts, 1517c.
ReceiptsFlour, 23,652 brls wheat, 7,900 bu
corn, 49,350 bu oats, 75,200 bu.
63 M50%
4^% 86% 62%
88
,. 89%
300
42 16
86% 62%
88
85%
90
"85%
90.
172%
127%!
40 I
' *83^
6,100
300
no
126%
39% 236
531
19,400
200
8,500
19,900
200 600
1,100
200
300 200
172%.
127%
40
24% 53%
87% 27%
1,200
200
171
127%
39% 24%
54 87% 23
124%
1%
96^ 40%
80% 65% 14% 74% 23 A
76% 33%
71
70 74 61% 17
37%
150% 176
48% 23% 87% 51% 28%
25 43% 79%
9
87 12% 50% 30% 80% 23% 42 84% 20% 55 33
20%
41%
5-n
125%
1%
97%
124%
1
95% 97%
149%
do pr
2,900 Ten. Coal & I.
6,300 Texas & Pac.
Tol.St.L. & W
do pr .
68,800 Union Pac
2,100 U. S. Leather.
700 do pr
100 U. S. Rubber.
900
49
24%
47%
2 %
16,800
151 175
24 87% 51y4
28%
24% 43 80%
9%
86% 12%
50 20% 80 23%
42% 85
51% 29
50 27%
do pr
82,000 V. S. Steel
do pr
2,500 Wabash
8,900 do pr
700 West. Union ..
500 Wheel. & L.E.
200 do 1st pr..
200 do 2d pr...
1,100 Wiscon. Cent..
do pr -. 1,100
Total sales. 792,200.
Ex. dividend.
MONEY REPORTS
WASHINGTON, June 16.To-day's statement
of the treasury balances in the general fund
exclusive of the $150,000,000 gold reserve in the
division of redemption, shows: Available cash
balance, $226,601,883 gold, $104,295,802: silver,
$25,950,338 United States notes, $8,860,029
treasury notes of 1890, $71,584 national bank
notes, $12,997,737 total receipts this day,
$1,204,531 total receipts this month, $26,711,441
total receipts this year, $37,244,912 total ex
penditures this day, $710,000 total expenditures
this month, $19,790,000 total expenditures this
year, $491,376,852 deposits in national banks,
$154 769 943.
NEW 'YORK, June 16.ClosePrime mercan
tile paper, 5@5%c sterling exchange, strong,
closing firm with actual business in bankers'
bills at [email protected] for demand, and at
[email protected] for 60 days' bills. Posted rates,
$4.85%@4.88%. Commercial bills, $4.84%. Bar
silver, 53c Mexican dollars, 41%c govern
ment bonds, firm railroad bonds, irregular.
MINNEAPOLIS, June 16Bank clearings to
day, $2,171,878.05. New York exchange, Belling
rate, 50c premium buying rate, par. Chicago
exchange, selling rate, 25c premium buying
rate, 25c discount. London 60-day sight docu
mentary, $4.84%.
ST. PAUL, June 16.Bank clearings to-day,
$930,329.02.
PARIS, June 13.Three per cent rentes, 97f
20c ex. interest exchange on London, 25f 16%c
for checks.
LONDON CLOSING STOCKS, June/16.Consols
for money. 90 15-16 for the account, 91.
Anaconda, 4% Atchison, 66 Atchison pre
ferred, 95% Baltimore & Ohio, 85 Canadian Pa-
*{4,,. s J*ift
Dry flint. Montana, Oiegon, Washing
ton and Idaho butchers' hides, flat. ,16
Montana bulls and fallen hides 11
Dry flint Minnesota, Dakota, Wiscon
sin and similar 10 @10%
Green salted pelts, large to small
each 20
Dry flint calf skins i
Dry flint territorial pelts, per lb.. .. 10
9%
78%
9
Tallow, in cakes 5:
Tallow, in barrels 5
Grease, light 4Tj
Wool, medium, unwashed 14 -'
Wool, coarse 14
Wool, fine, unwashed U%??12
Feathers, goose 40 $45
Feathers, duck ...7..34 @40
Feathers, chicken 2 ( W 3
Feathers, turkey 2%@ 3
87
50% 80% 80% 23%
50
2914 79% 21%
85 84%
20%
41%
19%
40%
5 *
30
20
41%
MIDWAY HORSE MARKET, Minnesota Trans
fer, St. Paul, Minn., June 16.Barrett & Zim
merman report an even retail trade. Heavy good
horses were moving well. Drivers and delivery
horses were much sought for. Values: Drafters,
extra, $180@225 drafters, choice, $155@1&0
drafters, common to good, 120155 farm marcs
extra. $125@150 farm mares, common to choice,
$100@125 delivery horses, $100 135.
SIOUX CITY LIVE STOCK, June 16.Cattle,
600 -hogs, 5,000. Hogs 5c higher. Sales: 48,
210 lbs, $5.85 67, 243 lbs, $5.95 63, 286 lbs,
$6.05.
Stockers, slow killers, lower. 18 beeves. 1,140
lbs,' $4.50 19 beeves, 1,230 lbs, $4.85 16 beeves,
1,410 lbs, $4.90 8 cows, 1,000 lbs. $3.50 9
cows, 980 lbs. $3.85 7 cows, 1.210 lbs, $4
8 stockers, 740 lbs, $3.50 9 stockers, 890 lbs,
$3.80 11 stockers, 980 lbs, $4.50 10 yearlings,
487 lbs, $3 18 yearlings, 640 lbs, $3.75 19
yearlings, 620 lbs, $4.40.
KANSAS CITY LIVE STOCK, June 16.Cattle
Receipts. 2.000 market steady beef steers, $4
4.50
5.10 Texans, $24.25 cows and heifers, $2.20
stockers and feeders, [email protected].
HogsReceipts. 5,000 market steady heavy.
$5.856.10 nackers. $5.756 yorkers, $5.80
5.85 pigs. [email protected].
SheepReceipts, 10,000 sheep, $3.355.15
lambs, $4.30@7V
,^~'HAY ASSOCIATION MEETS.
Chicago, June 16.The National Hay asso
ciation opened its tenth annual convention here
to-day with a large representation of hay in
terests frpm all parts of the country. After an
invocation by the Rev. Willard B. Thorpe of
Chicago, Mayor Harrison delivered an address
of welcome on behalf of this court. Courtesies
of the Board of Trade were extended to the
delegates by Reuben G. Chandler, its president.
PEORIA WHISKY, June 16.Whisky, $1.30.
JUNE W, 1903. r^tO^i^fi
& Ohio, 86% Chicag,o ,wJMftrnChesapeake
A
lt t: Chicago, Milwaukee & St.
Be?r.8'
2 1%:
Denver & Rio Grande,
re
o^
1
W'
iiSt' Se.nT?.r
U1
Gr "i
nd e Preferred, 86 Erie
31% Brie first preferred,0 65% Erie second pre
ferred, 55% Illmols Ceutral, 136% LouUviuf &
Nashville, 110C:. Missouri. Kansas 1 Texas' 20%*
wE.
.
AWBAGE IS LOWER
'.
13 ' Norfol k & Western .
52
% Norfol & Westerniflpreferred, 91 Ontario,
"wi , neauing second preferred, 32%
^U
JSi
ft
E?iflwJiy'
The Quality of Hogs and Cattle Is
Not So High as Yes-
, , terday.
23% ^ Southern Railway pre-
fiore.d,
TT
9( ?
:
S( iuth
p *S
c 48%: Unio n Pacific
5?iiiU}??
l
c,iflc preferred,e United
wStfiii.
80 ^ wUKd
tatw l
St 589Preferred,States
1
Wabash , 24 Wabash preferred, 43.
Bar silver firm, 24% d per oz.
Money, 2@2% per cent. The rate of discount
in the open market for short bills is 2%@2 15-16
per ceut three months bills. 2% @2 15-16 per
81%
FINANCIAL GOSSIP
Waldorf gossip to Watson: Altho speculative
sentiment Is rather mixed, the consensus of opin
ion Is that the market is a good trading one. In
which stocks are a purchase on recessions. The
further reaction on the opening of the week was
expected. Prices had been advanced too fast.
Phe most urgent shorts had covered and, while
the volume of these contracts still outstanding is
very extensive, the market on the opening was
not in the oversold condition which existed on
the eve of the late rebound. F| these reasons
the setback is considered natural. Moreover, the
bear party, led by Well, renewed its attack with
the intention of breaking the general list with
Atchison. The latter stock has more than once
of late proved so vulnerable as to cast much
doubt on the statement of Insiders that E. J.
Berwynd and other directors are buying it on a
scale. In view of this conslrevative brokers are
inclined to advise their customers to keep out of
Atchison until the uncertainty regarding the
question of oond issues and the financial necessi
ties of the company are removed* But these
same observers take quite a different view of
properties which, as they put it, have been more
candid with their stockholders than has Atchison.
New York to Lewis. It is the same pounding
by the Weil and Waldorf crowd as was seen last
week, and with just as little opposition.
Cables report the weakness of Americans in
London caused by the selling on account of a
large Liverpool firm caught in cotton.
Whallon, Case 4s Co., from New York: More
or less commission house liquidation and selling
by London. The principal buyers are the
shorts.
Hogs Quoted a Shade Higher and
Butcher Seef a Shade
Lower.
South St. Paul, Minn., June 16.Estimated
receipts at the Union stockyards to-day: Cattle,
1,400 calves, 700 hogs, 5,000 sheep, 1,500.
Cars, 121.
The following table shows the receipts from
Jan. 1, 1903, to date, as compared with the same
period in 1902:
Year. Cattle. Calves. Hogs. Sheep Cars.
1903...., 77,699 25,005 869,985 177,869 8,770
1902 76,234 23,868 317,320 157,381 7,748
Inc 1,465 2,137 52,665 20.489 1,022
The following shows the receipts thus far in
June, as compared with the same period in
1902: Year. Cattle. Calves. Hogs. Sheep Cars.
1903 5,084 1,999 34,044 4,357 687
1902 4,214 2,278 25,062 2,817 530
Inc 870 8,982 1,540 157
Dec 279
Official receipts for the past week are as fol
lows:
-
Date Cattle. Calves. Hogs. Sheep. Cars.
June 8 395 72 1,495 152 87
June 9 1,056 532 4,594 1,002
June 10 486 174 3,225 134
June 11 314 83 2,214 414
June 12 151 87 1,066 147
June 13 78 17 1,949 217
June 15 492 80 1,400 231
Railroads entering the yards reported receipts
for the day by loads as follows: Chicago Great
Western, 5 Chicago, Milwaukee & St. Paul, 11
Minneapolis & St. Louis, 3 Chicago, St. Paul,
Minneapolis & Omaha, 19 Great Northern, 38:
Northern Pacific, 15 Chicago, Burlington & Quin-
y. 3 Wisconsin Central, 2 Soo, 25 total, 121.
Disposition of stock, Monday, June 15:
e
F .^
m Cattle . Hogs .
Swift & Co 247 1,326
McMillan 56
McCormlck 10
Bronson 12 ...'. 'ei
Haas Bros - "12
Weirs 2
Katz 7 "*"
Hertz 7 *
J. B. Fitzgerald 43 " " *
Country buyers 262 .... 122
HOGS- " *
Date. AT. Wt. Av. Cost. Price Range.
June 8 222 $5.44 $5.30@r77'
June 9 231 5.43 5.255.85
June 10 238 5.69 [email protected]
June 11 229 5 66 [email protected]
June 12 227 5.67 5.50Ca6.00
June 13 230 5.75 [email protected]
June 15 241 5 69 5.40Q5.85
Prices generally 5c highert. fairly
liberal average quality poor price range. $5.60
@6 bulk, $5.705.80 common light and Inferior
Si
1 ^?^^-
60
5
13 % @
HIDES, PELTS, WOOL, ETC.
,,. , ...
65 14%
71
64 13%
73%
82S e5 14
71%
%
200
32,600 St. Paul
do
Green salted steer hides 9 8
Green salted heavy cow hides 8 7
Green salted light hides 8 7
Green frozen, lc per lb less.
Green salted calf, 8 to 15 lbs 11% 9%
Green salted veal kip 8% 714
Green salted deacons, each 55 45
38% 71%
32% 71
23
76 33% 71%
70 78 61
16% 38%
700
& S. F
1st pr*
2d pr..
& S. W
pr
61%
Green salted horse or mule hides.
large $3.10 2.10
Green salted horse or mule hides.
medium 2.50 1.75
Green salted horse or mule hides,
small 1.70 1.00
3S%
60% 37
23,000 South.
19,100 South
200
pr ..
Pac Ry
151%
CHICAGO LIVE STOCK, June 16.Cattle
S
G n^
t -
, ^
5,000
No -l No-2.
OMAH500 LIVE STOCK, June 16.CattleRe-
S.Et8^6'A
1
market
CHAS. CLE WiS
Plg S'
& CO. -SP
STOCKS, BONDS,
GRAIN, PROVISIONS
412-415 Chambir off Comntrt*
x
MONTREAL LIGHT, HEAT AND
POWER COMPANY
*
5@595
-J-
MINNEAPOLIS. ,
KwYork sad Cbieaco
Harris, dates A Co.,
Bartlett, Frazler A Co.
ttambtt*AH Exebansea.
EDWARDS,
WOOD
&C0.
Minneapolis, St. Paul, Duluth
Grains, Stocks, Provisions
ought and wld In all market*' Cor eaab or -
Jh.
jt-
reasonable margin*.
rUmbera of All Principal Exchange**.
Private Wires.
Writ* tor oar dally market letter sad prtraM
telegraph ciphernailed fro*.
Ship Your Grain to Us.
Sheep.
75
Bast rMOitlM. Liberal
Prompt Returna*
B Obambar off Gommeroe.
S I 2 Guaranty Loaa BoUdiag*
JUNNEAPOLIS.
40,000 Tons of Ore
Actually Blocked Out and Ready to
Take Down.
Mr, Erwin 1 Treadwell, Oeneral
Manager of the Georse A. Treadwell
^fining Company, writes under date
ofXay 24th
-
70 8
u
M Sh anReceipts d good mixed .
[email protected] butcher and heavy, $5.90@6 elosing
10c higher. Sales:
n Hogs18, 317 lbs, $6 52, 200 lbs. $5.80 25,
217 lbs, $5.70 12, 241 lbs, $5.60 38. 265 lbs,
$5.90 64, 211 lbs, $5.75 32, 22 lbs, $5.65.
Odds and Ends9, 364 lbs..$5.75 1, 450 lbs,
$5.50 9, 293 lbs, $5 eO 1, 4l0 lbs. $5.25.
Stags and Boars1, 450 lbs, $4.50 1, b50 lbs,
$3 2, 500 lbs, $4.
CATTLE-Quotations: Good to choice steers,
$4.25@5 common to fair, $3@4. good to choice
cows and heifers, $3.25@4 fair, [email protected]
canners and cutters, [email protected] butcher bulls.
$3@4 bologna bulls. [email protected]: veals. $2.50@5
good to choice feeding steers, $3.7o@4 25 com
mon to fair, [email protected] good to choice stock steers,
[email protected] common to fair, [email protected] steer
calves, $23.50 good to choice stock cows and
heifers, $2.50@3 common to fair, [email protected]:
heifer calves, [email protected]: stock and feeding bulls,
$2 [email protected]: good to choice milch cows, $35@45
common to fair, $18@25.
Receipts fairly liberal. Butcher steers 4c
lower. Sales included a small string of steers
and heifers mixed at $4.75. Butcher cows quoted
about steady. Bulls steady to weak. Veals
strong and active. Best milch cows steady and
active others dull. Stock and feeding cattle
slow, with prices generally quoted 10@15c lower.
Stock heifers do not show so much decline, but
are quoted weak. Sales.
Butcher Steers23, 1.418 lbs, $4.75 2, 1,090
lbs, $4.40 1, 1,250 lbs. $4.50 4, L.065 lbs, $4.23.
Butcher Cows and Heifers1, 1.430 lbs, $4 7,
1,080 lbs, $3.60 8. 1,017 lbs, $3.10 2, 1,065 lbs,
$3.75 5, 1,012 lbs $3.40 1, 860 lbs. $2.75.
Cutters aud Canners2, 910 lbs, $2.50: 1, 1,010
lbs, $2 1, 860 lbs. $2.25 1. 800 lbs, $1.75
Butcher Bulls1, 1,660 lbs, $3.60 2, 1,345 lbs,
$2 85 1. 1,410 lbs. $3.
Veal Calves14, 149 lbs. $5 2, 190 lbs, $4 5,
130 lbs. $4.75 1. 100 lbs, $3.
Stock and Feeding Steers5, 802 lbs. $4 3, 867
lbs, $3.90 2, 822 lbs, $4 1, 850 lbs, $3.90.
Stock Cows and Heifers3. 783 lbs, $2 75 4.
802 lbs, $2.60 3, 463 lbs. $2.70 2, 615 lbs, $2.25.
Stock and Feeding Bulls14. 906 lbs, $2.90
1, 600 lbs, $2.25 1, 1,430 lbs, $2.80.
Milch Cows and Springers1 cow and 1 calf,
$43 1 cow, $36 1 springer. $33 1 cow, $22.50.
SHEEPQuotations: Good to choice shorn
lambs, [email protected] fair to good, [email protected]
bulls and stock lambs, [email protected] good to choice
shorn yearling wethers, [email protected] heavy, $4.25
4.75 good to choice shorn ewes, medium weight.
[email protected] heavy, [email protected] culls and stock
ewes, $2.50@3.
Receipts liberal. Sprinkling of good stuff in
cluded, but bulk ran common to fair only. Mar
ket opened steady on both sheep and lambs,
closing steady on the former but weak and un
evenly lower on lambs. Sales included food
spring lambs at $6 and good ewes at $4.25.
Sales:
6 spring lambs, 72 lbs, $6.25 20 lambs, 73 lbs,
$6 2 lambs. 50 lbs. $450 28 ewes, 116 lbs,
$4.25 11 ewes, 102 lbs, $4 30 shorn lambs, 61
lbs, $4 14 thin lambs, 43 lbs, $3.50 5 bucks,
128 lbs, $3.
Among the shippers on the market were: C.
Gardner. W. J. McCabe, Hammond. Wis. T.
Small, G. H. Johnson, Seaforth J. Tingvall,
River Falls, Wis. Alex. Faulkner, Hutchinson
F. W. Schneider, Alma, Wis. P. T. French,
Nerstrand J. B. Gallagan, Elysian J. S. Green,
Red Wing W. J. Glynn. Canby C. Steube, New
Ulm A. Buchanan, Northrup U. Christensen &
F., Sleepy Eye L. Altermatt, Wabasso Gie
witz & Co., Mlnneota J. H. Termath, Le Sueur
McCoy, Spring Valley, Wis. B. C. McEwen,
Buffalo Lake C. H. Tripp, Faribault C. Miller,
Waverly Weinzierl Brothers & Co., St. Boni
factus J. D. Fuller, Maiden Rock W. Miller,
Shafer W. Johnson, G. Wiberg, Lindstrom
Schneider Brothers, Delano J. Pace, Lyle B. H
Brabec, Waverly O. Lemon, Harris Ed Lind
strom, Anoka L. Rausch, Howard Lake A.
Randden, Delavan.8teady
"On the second and third level of the Queen
we have actually blocked out and ready to take
down over 40,000 tonsenough to keep a 100-ton
furnace running for over a year."
mis ore Is worth $10 a ton as it stands in
the mine. There is more tba'h that set profit
over and above all expenses in taking it out and
smelting it.
The work of blocking out the ore has only
just commenced. Six months from now we are
likely to have ten times as much "blocked out
and ready to take down," and even that will
hardly be a drop in the bucket in comparison
with what we have waiting for us. Professor
Treadwell has already demonstrated that In the
Iron Queen and adjacent mines alone we have
three miles in length of veins from five to forty
feet in width and many thousand feet in depth.
The 40,000 tons occurs all within 300 feet m
depth and only a few hundred feet In length.
The ore carries high values in gold as well as
copper. Mr. Erwin D. Treadwell, as the result
of close calculations and many experiments,
estimates that the gold values alone will pay the
entire cost of mining and smelting the ore,
leaving the copper cost-free. That is even bet
ter than our neighbor, the United Verde, does.
Our smelters are nearly ready to run, and the
enterprise is close to a self-sustaining and divi
dend-paying stage. Only a little more of th*
treasury stock is for sale to complete the de
velopment and equipment of the property.
Prices -will be quoted on application
GEORGEA.TBEADWELL MINIH& CO.
27 William Street, New York.
MYRA B. MARTIN, Beeretary.
H. M. Atkinson, Fres. E. P. Wells, V. Pre*.
S. W. Wells, Treas.
$25,000.OFFERDANNOWEW
(Montreal, Canada.)
Five Per Ceqt Gold Bonda.
The Montreal Light, Heat and Power Co.
does all the public gas and electric lighting
of Montreal and its suburbs.
The management of the company Is in the
hands of men connected with some of the
largest financial and commercial Interests in
Canada.
On account of the high character of these
bonds they were largely oversubscribed, and
those offered by us are the only ones now on
this market.
PRICE OK APPLICATION.
We offer Deere & Oo. S per cent geld
bonds, which we can highly recommend.
Also
FIRST MORTGAGE LOANS,
Netting 5% to 6 per cent.
WELLS-ATKINSON 60.,
good prime steers,
[email protected] poor to medium, [email protected] stock
ers and feeders, [email protected] cows, [email protected]:
rJSI'o *[email protected] canners. $1.60@3 bulls,
[email protected] calves, [email protected] Texas-fed
steers, [email protected]. HogsReceipts to-day, 16,000:
to-morrow, 30,000 left over, 1,802 5@10c high^
er mixed and butchers, [email protected] good to
choice heavy, [email protected] rough heavy, $5.90
@f lo "ght, [email protected] bulk of sales, S6.05
@6.20. SheepReceipts, 8,000 sheep steady
lambs lower, 50 to 10c higher wethers, $4.60
5.25 fair to choice mixed, [email protected] western
sheep, [email protected] native lambs, $4.50(36.75:
western lambs, [email protected] spring lambs, S5.50
Temporary Office. 836 Guaranty, Blda.
MINNEAPOLIS.
W. H. LAIDLEY
I STOCKS [ft CO*I BONIS 1
GRAIN, PROVISIONS,
Bank Stocks & Inrestmeot Secirittei
slow. 10c lower beef steers
$4.2o@o cows and heifers, [email protected] stocker.s
and feeders, [email protected].
HogsReceipts8,' 12,500 marketu 5c higher
SBfflo'.bcf
Send for our dally market letter.
Members Ohioago Board of Trade.
Tel., Main 4U er Main 1T0.
190 La Salle Street. - - - Ohioace, XII.
:
bl
/JleAp
k
J. F. WHALLON.
iiEO. P. CASE,
Whallon, case & Co.
STOCKS, GRAIN, PROVISIONS,
uv
o
f ^les
-"^
Re^eIpt
1
000
: market steady sheep.
[email protected] lambs, $5.75@7.
m
v
GRAIN COMMISSION.
New Chamber Commerce,
Minneapolis, Minnesota.
Offices: Chicago, nilwaukee, and Doltttb
Send ua your i a"lkG
. M?y Yerk
Broker* in Grain,ProvMons,
Stock* and Bonds.
members N. Y. Stock Exchange
Chicago CorrespondentsJ. H. Wreun & Co.
Private wire Chicago and NewYork. Tel906 Main
420*421 Chamber of Commerce.
"' GRAIN COMMISSION \ i"
USJJ&GBXa~QUmto and Milwaukee, Orders for future deUvetar executedla. all i
iiEijfoforilDrntililUjTi-l M'liriYii
Sikiifnfl
nfr,i.ir.^
Duluth. Obloaao.
E. A. BROWN St CO.
Grain Commission.
WHOLESALE OOAL,
':"
Il
-1 ..
' 1 Option Order*.
Consignment* Solicited. Preaapt ftetnree
Guaranteed.
Minneapolis, Mlaaeeeta.
Wm. Dalrymplt,
Wm. Dalrymplto.,9^h^eTrad.fodDuluthBoar150
GRAIN COMMISSION
GEO. C. BAGLEY
CHAS. M. CASE.
Receiving a specialty. Advances made to
Farmers, shippers and elevator companies.
StookfExohangafd MEMBERS-1 j Chloago Boar o Trado
(Mpla. ChamberCommsroa
Private Wire to New York and Chloaga.
85 CHAMBER
OF COMMERCE
Van Dusen- ^
Harrington Col
Up-Town Office,
GLOBE BUILDING
Watson & Co
i Grain, Provisions,
Stooks and Bonds
MEMBERS PRINCIPAL EXOHANOIS
New Chamber of Commerce.
, We Get Hi*heat Market Moea C.
PITCH & CO. f {
lire Stock ConuntMion Merchants, *
fjatea Stockyards, South St. VsaL Mlaa,
Established Is Ka7.
BSTAB&XSHBD 1879
WOODWARD f e CO.
-*.
&*
'JWrrTTa
# g

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