The Minneapolis journal. [volume], August 13, 1906, Page 12, Image 12

About The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939

Image provided by: Minnesota Historical Society; Saint Paul, MN

                
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I i
Wheat Firm on Higher Liverpool
&, Cables and Good Cash
Demand.
Damage News from Renville and
Redwood Counties Fully
Confirmed.
Wheat very sleepy today.
Minneapolis Chamber of Commerce. Aug. 18.
Firmness ruled in wheat at the opening of the
weefe. The foreign news tras reassuring and
American markets felt the stimulus. Liverpool
was up %@%d at first and was *4@%d up
later, the advance being attributed by Broom
hall to rains in southern Russia, in the Odessa
district. The -weekly statistics were also rather
strengthening for world's shipments were lighter
than lis week at 7,(536 000 bu against 8,640,000.
and the quantity on passage at 26 912,000 bu
showed a decrease for the week of 776,000. The
local situation wBs such as to help the market
for elevator stocks showed a decrease of 400,000
bu for two days, while cash demand continued
urgent and the market very strong. No. 1 north
ern sold at 4^@5c over September, No. 2 north
ern 2H@3c over September, No 8 wheat l^l^c
over September, No 4 at 68@71^c. No. 1 and
No 2 northern to arrive brought *4e under spot.
Receipts here -were 240 cars against 197, in
Chicago 460 against 167, in Duluth 23 against
S4 and in mnipeg 47 against 10. St. Louis
hod 141,000 bu compared with 228,000 and the
Kansas City comparison wag 823,000 against
422,000.
J. H. Riheldaffer, who haa been thru the
i part, of Mlnne-wta where the storms did the
I damage, rays the reports have not been exag
gerated in the least. The extent of it is not
great, probably an area not In excess of 100
I square miles was affected, so that relative to
the northwest It is no calamity, but in the dia
trict covered losses were severe. Renville and
Redwood counties suffered most. Some farm
ers are mowing oats, and In one instance a
farmer brought down 600 sheep from North Da
kota and turned them into the fields to feed
as the best practical way of getting value from
crops not otherwise worth the saving. The
fields in places are very wet.
Cummings, in his weekly summary, gives con
dltions as follows: Sioux Falls, S. D.Harvest
ing of all grains nearly completed. Corn mak
tag rapid
progressl.
from 20 to 30 bu per acre. Corn doing fine.
Oats been too wet. Cutting will be completed
this week. Lamberton, Minn.Wheat badly
I lodged. Harvesting progressing slowly. Corn
i fair. Oats nearly all down. Rye poor. Madi
i son, S. D.Wheat looks good cutting will begin
in earnest this week. Corn fine. Oats nearly all
cut. No threshing yet to speak of. Flax look
ing good. New Ulm, Minn.Nothing new in
crops except water soaking an ddamaging wheat.
Cora unchanged. Madison, Minn.Wheat har
dest about half completed. The wet weather of
the past two weeks will seriously damage the
(frailty and lessen the yield. Fairmont, Minn.
neat will be an average crop. Corn doing
flhe on hlgli ground, but poor on low ground
too wet. Dawsou, Minn.Harvesting progress
ing nicely. Good grade. Winnipeg.Nothing
I new in crop news. Weather has been most fa
vlorable rod harvesting will start In a few days.
1 Milton, D.Cutting of barley general will
He cutting wheat in a week. Prospects about
jl Unchanged. Breckenridge, Minn.Harvesting
1 geneial. Weather is good. Wlllmar, Minn.
Harvesting general. Fa"ir yield promised Weath
r good. Valley City, N. D.Wheat has filled
well last week. Cutting will start in
some fields today. Farmers looking for a good
1 yield. Edinburg, N. D.Weather past week
favorable for ripening grain. Harvest on in gen
ejral. Fargo, N. D.Weather favorable. Har
vest will begin todav prospects good. Park
River, N. D.Harvest will be on in good shape
by middle of the week. Only fair yield expect
ed. Weather last week favorable. Langdon,
N. D.Crop In treneral looking fine. No damage
done by rust. Cutting in a few days. Hoople,
N. D.Wheat doing fairly well. Will average
10 bu to the acre Harvest well under way by
the middle of the week. Most of the barley cut.
Flax and oats fine. Crystal, N. D.Wheat har
vesting under way with prospective yield 13 to
20 bu per acre. Oats and flax promise large
crop. Grafton, N. D.Crops looking fine. No
serious damage reported. Winona, Minn.Crops
continue favorable In this section. Red Wing,
Minn.Crop of barley being harvested In this
vlclnitv." No damage by ran. Other grains fine.
The visible increased 2,139,000 bu. making the
total 31,822.000.
The August government report gave Missouri
81,250,000 bu winter wheat. The state report
today ^makes it 85,830,000.
On the whole it was a dull day. The exchange
floor had a lively appearance, due to the pres-
j. ence of so many visitors, but there was not"
much actual business In the pit.
Primary receipts 1.196,000 bu against 1,138,-
000. Clearances wheat and flour 881,000 bu.
S.
$
Local Stocks Decrease, but the
Visible Supply Increases
Heavily.
The forecast: IllinoisFair tonight warmer,
except in extreme northeast portion. Tuesday
fair and warmer. IndianaFair tonight warm
er In central and north portions Tuesday fair
i and warmer. MichiganFair tonight warmer
In an soutn_ portions. "WisconsinFair
andeast warmera tonight and Tuesday. Minnesota
I Fair tonight warmer In east and south portionsi
Tuesday fair. IowaFair and wanner
tonight Tuesday fair warmer in the
east portion. MissouriFair tonight warmer
to northeast portion Tuesday fair warmer in
east and south portions. North DakotaShowers
.tonight or Tuesday, cooler Tuesday. South Da-
kotaFair tonight warmer Ineast portion
showers and ccder Tuesday afternoon or night*
fl NebraskaFair tonight Tuesday partly cloudy"
rt
l1
KansasFair tonight warmer In north and
west portions Tuesday fair.
THE FLOUR MARKET
I SHIPMENTS LARGER AND A GOOD TRADE
ON TOR OTTCCX DELIVERY.
jj The week opened In flour with no particular
".change from Saturday, but posted shipment*
JJ larger than for some time, indicating a late*
Jjretura to operation at full capacity. The mills
MBave bee
workinge
back
graduallydIntoe
October.
Minn.Harvesting
and threshing wil bLnverne, resumed today, being de
layed one week by wet weather. Corn doing
fine. Vlborg, S. D.Small grains all harvest
ed. Corn coming fine and good crop in sight.
5 Sioux City, Iowa.Winter wheat turning out
Monday Evening
M^hy People on Change but not Much tirade
TODAY'S RANGE IN WHEAT
Minneapolis Options.
RANGEVOF WHEAT PRICE IN MINNEAPOLIS
Open. High. Low.
Sept.* .71%% $ .72072% $ .71%
Dec... .78 .78% .72%
May... .77% .77%% .77
Minneapolis Oats
Sept
Chicago Options.
Cj30 /Q*o /30 //PSO //6
QHGo. 3Et=n:
&ts^n
eafir
n&tu
i^=\:
THE GASH TRADE
OATS TJP A CENTOTHER PRICES CLOSED
ABOUT STEADY.
FLAXReceipts, 8 cars against 3 last year.
Shipments, 9 cars. Duluth 81 cars. Closing
prices: Minneapolis, cash, $1.09% to arrive,
$1.09%.
CORNNo. 3 yellow corn closed at 48%c. Re
ceipts, 4 cars shipments, 3 cars.
OATSNo. 8 white oats closed at 81%0.
Receipts, 9 cars shipments, 1ft cars.
FKED AND COARSE MBALCoarse oornmeal
and cracked corn. In sacks, sacks extra, $17.50
@17.76, No. 1 ground feed, 2-8 corn and 1-8
oats, 75-lb sacks, sacks extra, $18(318.26 No.
2 ground feed, corn and oats, 80-lb sacks,
sacks extra, $1&.50@18J5: No. 8 ground feed,
1-3 corn and 2-S oats, 70-lb sacks, sacks extra,
$19@19.26.
MILLSTUFFSBran In bulk, $12.60 shorts,
bulk, $14 50 middlings, in bulk, $17.60 red
dog in 140s, $21 all Minneapolis in 200-
lb sacks, $1 per ton additional in 100 lb sacks,
$1.60 per ton additional. Shipments, 1,268 tons.
BARLEYFeed grades closed at 84@35%c
malting grades, 36@44c. Receipts, 15 cars
shipments, 26 cars.
RYENo. 2 rye closed at 51%@51%c. Re
ceipts, 5 cars, shipments, none.
HAYReceipts today, 30 tons. Timothy,
choice, $11.50 No. 1. $10.50@11 No. 2, $9.50
10, No. 3, $7(38.50 prairie, choice, $10.50 prai
rie, No. 1, $t).50@10 prairie, No.' 2, $8.30@9
No. 8, $6.50y)7.50 midland, No. 1, $7@7.50
midland. No. 2, $5.50@6.50 no grade hay, $2.50
@4.50, rye straw. No. 1, $5 rye straw, No. 2,
$4 wheat or oat straw, $3.60@4.50 no grade
straw, $2@3. 5
CASH SALES REPORTED TODAY. i
No. 1 hard, 1 car $0.76%
No. 1 hard, part car 76%
No. 1 hard, 1 car :76%
No 1 hard, 1 car .77
No. 1 hard, 2 cars .76%
No. 1 northern, 2 cars .-.75%
No. 1 northern, part car 73%
No. 1 northern, 1 car 76
No. 1 northern, 2 cars 76
No. 1 northern, 2 cars. .7596
No. 1 northern, 3 cars 76%
No. 1 northern, 1 car lay*
No. 1 northern, car..., 76%
No. 1 northern, 1,700 tin to arrive 76%
No. 2 northern, 1 car 74%
No. 2 northern, part car 74
No. 2 northern, 5 cars 74
No. 2 northern, part car 74
No. 2 northern, 2 ears .74%
No. northern, 5,000 bu to arrive .72%
No. 8 yellow corn. 2 oars .48%
No. 3 corn, 1 car 4T%
No. 4 corn, 1 car .47%
No grade corn, 1 car .44
No grade rye part car, heating .46
No. 8 wheat. 4 cars 78
No. 3 wrtat, 1 car .72%
No. 8 wheat. 2 cars .72%
No. 4 wheat, 1 var 71%
Relected ^heat. 1 car 71
Rejected wheat, 1 car 72
Rejected wheat. 2 cars 70%
No. 8 white oats, 2 cars 82
No. 8 white oats, part car .82
Na 3 white oats, 14,000 bu to arrive..... .80
No. 8 white oats, 10,000 bu to arrive 80%
No. 8 white oats, 6,000 bu to arrive, Sep
tember to May 80
No. 3 oats, 1 car 29%
No. 8 oats, 1 oar 80
No. 8 oats, I car .80%
No grade oats, 1 car, dirty .27%
No grade oats, 1 car .28
No. 4 barley, 4 oars 44
No. 4 barley, part car .41%
No. 4 barley, 1 car, new .40%
No. 4 barley, part car .42
No. 4 barley, 1 car, new 41
No. 4 barley, 1 oar 48%
No. I feed barley, 2 cars .87
No. 1 feed barley, 1 car, new 89
No. 2 feed barley, 1 car.' 34
No. 2 feed barley, 1 oar .89
No. 2 feed barley, part car......... 89%
No grade barley, 1 car 88
No. 1 flaxseed, car.^.................. 1.10
JN'o. 1 flaxseed,, (art oar.
flaxseed, 2 part ears....
Durum Wheat.
No. 1 durum wheat, i car....
No. 2 durum wheat, 1 car..**.
No. 2 durum wheat, 2 cars...
No. 8 durum wheat, 1 oar....
No 8 daram wlieat car
No., 4 durum wheat., 1 car.
Winter Wheal,
a larger
production and ar likely to hol th present
total'daily grind and to Increase It as the month
1-of September draws closer. The feature Is the
_} demand for quick shipment. Indicating that buy
er are still disinclined to stock up with flour
jjtnd are taking it only as neded and then safe
ug prompt delivery. There are light stocks In
erritory close at hand that In later replenishing
rill mean good demand.
Shipments. 60,786 brls.
first patents Quotable at $4.10@4.20: second
Stents, $3.95@4.06 first cyesrs, $8.25(33.45
and clears. $2.60@2.60 In wood,'f Min
olta.
Send Us Samples of New Barley for Quotations.
No. 1 winter wheat, 2 cars .74
No. 2 winter wheat, 2 cars .74
No. 8 winter wheat, 1 ear 71%
Screenings, 2 cars, per ton 6.00
Screenings, part car, per ton 18.00
Spelts, 1 car, cwt. .62
PUTS AND CALLS.
2 o'clock report:
PutsSeptember wheat. 71%o.
CallsSeptember wheat. 71%@72c.
CurbSeptember wheat, 71% c.
THE COMPARATIVE VISIBLE.
Wheat
Present total 81, 20,
Last week
Last year
Two years ago
Three years ago
Pour years ago
Corn
Present total
Last week
Last year
Two years ago
Three years ago
Four years ago
Oats-
Present total
Last week
Last year
Two years ago 2,879,000
Three years ago 6,002,000
Four years ago k.. 1,482,000
IC. WYMAN & CO!
DULrUTH. GRAIN COMMISSION.
n^ay^^Ok^.
Close.
Today.
I .71%
.72% 7*,
.77%
w*-~
Close.
i
.2?%
THE DAY'S REPORTS
Close. Close.
Minneapolis ~~.$ .71% $.71%
Chicago .78%% .72%
Duluth 78% .72%
St. Louis 68% .68%
Kansas City .65%% .66%
N ew York 79% .79%
Winnipeg 78 .72
Close,
Tear Ago.
S4384 .82%% .86%
Saturday.
I .71% .78
.77rr%
-Deo, Wheat.-
Close.
Today. Saturday. Today.
I .72%78
.78%
.72 .68 .82
.71%
CLOSING CASH PRICES
On TrackNo, 1 hard, 76%o No. 1 northern, 76%c No. 1 northern to arrive, 75c
No. 2 northern, 74c No. 2 northern to arrive, 78%c durum, 66%68%c No. 8-wheat,
71%@72%o No. 3 white oats, 31%o Na, 2 rye. 51%51%o No. 1 flax, 81.09% No. 8
yellow corn, 48%o barley, 84o to 44c.
ShippedWheat, 07 cars, 62,630 bu corn,
2.940 bu oats, 88,070 bu barley, 20,130 bu
flax, 10,800 btt flour, 60,796 brls inlllstuffs,
1,263 tons hay, 10 tons Unseed oil, 198,286
lbs oil cake, 768,470 lbs carlots, 484.
STATE GRAIN INSPECTION, ATTO. 11.
Cars Inspected InWheatGreat Northern
No. 1 northern, 1 No. 2 northern, 7 No. 8, 6
rejected, 2.
Chioago, Milwaukee & St. PaulNo. 2 north
ern, 1 No. 3, 2 no grade, 1.
Soo LineNo. 1 hard wheat, 6 No. 1 north
ern, 8 No. 2 northern, 6 No. 8, 8 No. 4, 8
no grade, 2.
Northern PacificNo. 8, 2 rejected, 1.
Chioago, St. Paul, Minneapolis & OmahaNo.
1 northern, 1 No. 2 northern, 1 no grade, 1.
TotalsNo. 1 bard, 6 No. 1 northern, 10
No. 2 northern, 16 No. 8, 12 No. 4, 8 re
jected, 8i no grade, 4.
Other GrainsOarsNo. 8 durum wheat, 2
No. 1 winter wheat, 2 No. 2 winter wheat, 60
No. 8 winter wheat, 8 mixed wheat, 6 Now 8
corn, 1 No. 4 corn, 1 no grade corn, 1 No. 4
white oats, 4 No. 8 oats, 7 no grade oats, 2
No. 2 rye, 1 No. 4 barley, 2 No. 1 feed barley,
6 No. 2 feed barley, 1 no grade feed barley,
1 No. 1 northwestern flax, 2 No. 1 flax, 6.
Cars Inspected OutNo. 1 hard wheat. 4
No. 1 northern wheat, ISO No. 2 northern
wheat, 64 No. 3 wheat. 87 No. 4 wheat, 2:
rejected wheat, no grade wheat, 2 No. 4
corn. 8 No. 8 white oats. 1 No. 4 white oats,
6 No. 8 oats, 6 No. 4 barley. 1 No. 2 rye,
1 No. 1 northwestern flax, 1 No. 1 flax, AS.
WORLD'S SHIPMENTS.
Wheat Last Wk. Prev. Wk. Last Tr.
America 2,464,000 8,448,000 660,000
Russia 1.120,000 1.080,000 1,632,000
Danube 768,000 2,016,000 1,104,000
India 1,876,000 1,090,000 620,000
Argentine 1.876.000 666 000 2,664,000
Australia 312.000 86,000 604,000
Austria-Hung... 8,000 864,000 66,000
Chill & N Africa 112,000 128,000
Totals 7,680,000 8,640,000 7,668,000
Corn
America 699.000 1,072,000 1,182,000
Russia 286,000 114,000 8,000
Danube 748,000 612,000 46,000
Argentine 2,819,000 8,683.000 8,452,000
Totals 4.651,000 0,281.000 4,641,000
DAILY WHEAT MOVEMENT.
Tbe following are the receipts and shipments
at the principal primary wheat markets:
Receipts, Shipments,
Bushels,
16,000 96,000
800
Bushels.
Philadelphia 49,974
Baltimore 121,529
Toledo 25,000
Detroit 4,000
St. Louis 141,000
Boston 15,067
Chicago 286,600
Milwaukee 66,320
Duluth 80,125
Minneapolis 228,000
Kansas City 825,000
CHICAGO GRAIN
KS!::::::: H88*
Lowest 72%
Close
Today 72%%
Saturday 72% TB%
Year ago 81%@% 82%
Corn-
Openint 49%% 45% 49
Lowest 49)/*
dose-
Today 49%
Saturday 49%
Year ago 08
Oats
.63 mgbeft ii
Lowest Close
Today 81
Saturday 81
Year ago 26
2,000
8,000
18,6-99,000 12,568,000
12,588.000 20,264,000
Mil,ooo 4,168.000 6.074,000
6,096,000 ,659:000
20,689,000
4,816,000
4,446,000
6.562,00 0
-V"
BECEIPTHAND SHIPMENTS, AUG. 11.
ReceivedWheat, 240 cars, 228,000 but corn,
8,480 bu oats, 11,790 bu barley, 12.460 bu
rye, 8,350 bu flax, 6,820 bu floor, 694 brls
mlustuffs, 108 tons bay, 80'tens carlots, 294.
MINNSAPOILS
WEEK I STOCKS
Stocks High-
I est.
100 Am. Cot Oil..
do pr
Am. Cor
do pr
Am. Locomot.
do pr
Am. Woolen.
do pr
Am. Sugar
do pr
Am. Smelting.
do pr
Amal. Cop
Anacon. Cop
A..T. ft S.F..
do pr
Bait ft Ohio..
do pr
Brook. B.
1,700
io\o66
2&068
52,630
908
62,580
10,000
WHEAT RECEIPTS BY ROADS, AUG. 11.
Milwaukee, 68 cars Omaha, 38 St. Louis,
10 Great Northern, 85: Northern laciflc, 4}
Great Western, 48 Chicago, Burlington ft
2uincy.
6 Boo line, 41 Chicago, Rock Island
Pacific, 3.
Wheat Corn Oats
800 400
1.200 8,800
100 800
THE VISIBLE SUPPLY.
Increase, Decrease. Total.
2.189,000 81.822,000
76,100 8,417,000
879,000 4,816,000
200
2,200
0 7 FIRM CABLES OFFSET SHE EFFECTS
FINE WEATHER.
Chicago, Aug. 18.Firm cables offset' tbe ef
fect of excellent weather conditions In the
northWest and caused a steady, tone today in
the local wheat market. Leading commission
houses were the principal buyers, while the
selling was scattered. September opened un
changed to %c lower, at 72%c to 72%c, sold
up to 72%g)72%Q and then reacted to 72%@
72%c. Minneapolis, Duluth and Chicago re
ported receipts of 728 cars, against 692 cars
last week and 898 cars a year ago.
The nlg-nt point of the day for Septembw
waa reached at 72%c. During the last bait of
tbe session sentiment eased oft a trifle on
selling brought out by an increase of over
2,000,000 bu In tke visible supply. The market
closed steady, with September a shade lower at
72%@72%c.
Cash wheat No, 2 red, 72%a78%o No, 8
red. 71%@72%e No. hard, 71%@72%ct No.
& hard, To%$71%e No, 1 northern. No. 2
northern and No. 3 spring, nothing doing.
CloseWheat, September, 72%@72%c De
cember. 75@75%c.
Small receipts and light acceptances caused a
firm opening In the corn market, but the initial
strength was not maintained, profit-taking by
local holders being responsible for an easier
feeling. September opened %o to %a higher,
at 49%c to 49%o, sold off to 49%c and then
steadied around 49%c. Local receipts were
182 cars, with 60 cars of contract grade.
A steady tone prevailed the remainder of the
day, September Closing unchanged at 49%c.
Cash corn, No. 2, 50%c No. 8, 50@60%e.
CloseCorn, September, 49%c December,
45%c.
Oats were firm on fairly active demand by
commission houses. Small local receipts were
a bullish factor, Offerings were light. Sep
tember opened Uc to %c higher, at 8l%o
to 8l%a, and held within the opening range.
Local receipts were 218 cara.
Cash oats. No. 2, new, 80%@Slc No. 8,
CloseOats, September, 81%c December,
82%c. new, 30@80%o.
The following was tbe range of prices:
Wheat Sept. Dec. May
4,500 Mo. Pacific.
M., K. ft T.
do pr
Mex. Central.
Nat Biscuit.
Nat. Lead...
do pr
Norfolk ft W
do pr
North Am. Co.
Northern Pac
No. Western.
N. Y. Central
Ontario ft W.,
Pressed. Steel..
Pacific Mall..
Penn. R. R..
People's Gas.
Reading
do 1st pr..
do 2d pr...
Repub. Steel.
do pr
6,400 Rock Island..
do pr
St. aul
do Pr
Southern Pac
Southern Ry.
do pr
Tenn Coal & I
Texas & Pac.
Twin 0. R.
Union Pacific.
do pr
U. S. Rubber
U. S. Steel..
do pr
Wabash
do pr
Va. Chemical.
Western Union
Wheel, ft L.
do let pr
do 2d pr.
Wis. Cent....
do pr
46%46%
45346% 46tt45%
4d%
46 46%
1.(334
OTHER GRAIN MARKETS
DULUTH GRAIN, Aug. 18.The wheat mar
ket waa moderately active. September opened
unchanged at 72%o, sold at 78%c and closed
%c up at 78% o. Deoember gained %a and
May fell %c. September durum wheat fell %o
ana October %c Flax was rather slow all
morning and the market a little heavier. Sep
tember flax fell %c. October sold %o off to
$1.09, rallied to $1.09% and closed unchanged.
November fell %o and December was un
changed. August new oats tell %c and old
were unchanged. Grr.ln In store at Duluth
Aug. 11: Wheat, No. 1 bard, 2,642 bu special
bin, 1,669,916 bu: No. 1 and No. 2 durum,
26,810 bu total, 1,608,208 bu decrease during
week, 261,641 bu. Stocks a year ago: Corn,
787,770 bu, Increase 8,973 oats, 848,570. de
crease 171,169 rye, 126,881, Increase 15,284
barley, 471,818, decrease 68,448 flax, 1,161,804,
decrease 411,666.
The close: Wheat to arrive, No, 1 north
ern, 75%c: No. 2 northern, 78%c: on track,
No. 1 northern, 76%c No. 2 northern, 73%c
September, 73%o December, 78%e: May, 77%o
September durum. No. 1. 68%c No. 2, 64%o]
October durum, No. 1, 67%c No. 2, 64%c old
durum, No. 1. 69%c No. 2, 66%c. Flax, to
arrive, $1.12% on track, $1.12% September,
$1.11% October, $1.09% November, $1.09%:
December, $1.08 Oats, on track, 81c new
oats, to arrive, 30%c: old oats, to arrive, 31c
Agust, 80%c. Rye, 53c. Barley, 86@42c.
Cars Inspected: Wheat 28, last year 4
corn, 2 oats, 9 rye, 8 barley, 8 flax 31,
last year 2. Receipts: Wheat. 30,125 bu
corn, 1,078 bu oats, 31,775 bu: barley, 11,676
bn rye, 1,442 bu flax, 89,959 bu. Shipments:
Wheat, 968 bu oats, 126,697 bu barley, 60,600
bu flex, 78,403 bu.
LIVERPOOL GRAIN, Aug. 15.Wheat, spot
nominal, futures easy September, 6s 8%d De
cember, 6s 5%d March, nominal. Corn, spot
quiet and steady American mixed, new, 4s 7d
American mixed, old, 4s 8d futures quiet Sep
tember, 4s 7d December,
London
ss*
OPENS STRONG
~-l Hi
MARKET GENERALLTA rEACTION
HJOrHEB *raAjM[ B^TimPAY,
Soon After the Opening, Prices Were
Checked by Attempts at Proflt-Tak
*nTha COMCIC a ToUowed by
Rapid Bidding-upStiff Oail Money
Restrains Speculation.
New York, Au. 18.Prices la the stock mar
ket today generally started the week a small
fraction higher than on Saturday. Ooloiado
Fuel, Kansas City Southern preferred and Great
Northern preferred rose about a point and Read
ing Booklyn Transit was a notable excep
tion and was weak on account of yesterday's
disturbances over the collection of Coney island
fares. Opening sales of 2,000 shares were made
et 78Vs end 76%, compared with 78 on Satur
day. United StateB Steel, 'Pennsylvania and
Southern Pacific also made small fractional de
clines. The volume of business was moderate.
The market threw off the representative influ
ences that held pi ices In check at the opening
and rose quite generally, a number of the repre
sentative stocks selling from to 1 point above
Saturday' closing When th traders attempt
tak
Sales.
profits the marketefeU back rapidly-
to where It began. Pennsylvania was particular
ly weak, but met support after getting down a
point. Third Avenue gained 3%, Interborough
Metropolitan 1%, the preferred 2%, Northern
Pacific, St. Paul preferred, Wheeling & Lake
Erie and American Ice 1 to 1%. Toward 11
o'clock prices were bid up to the highest again.
St. Paul and Amalgamated Copper rising a
point above last week's closing.
Reading rose 1% and Union Pacific 1, and
there were gains In Great Northern preferred
and St. Paul preferred of 2, Cleveland, Clncln
cinnatl, Chicago ft St. Louis 1% and Smelting
1%. The stiffness of the call money rate re
strained the speculation. In spite of the re
ports from London that $2,000,000 gold had been
secured in that market for shipment to New
York. The market became semi-stagnant and
sagged from the top level. Bonds were heavy at
none
Prices hovered close te the best figures of the
morning, following the demand for Southern
Pacific and North-Western, which lifted them
a point In general there was little change
In the market
Stock quotations reported for The Journal by
Wataon & Co., Chamber of Commerce, Minne
apolis. Closing figures are bid.
Close
Low- Bid.
est. [AuglS
31% 1% 89%
100%
Bid.
Augll
81
81% 88%
100
68%
118
36%
108 186%
89%
6,100
600
88%
'69% '68%
37%
1,800
37
186%
12,700 40,200 16,100 84,200
2,000
16,400 80,200
186%
164% 152*' 152%
116% 102% 164%
04%
100% 120%
92 78
167%
60%
18%
76 T% 91 68% 37%
70% 6 1%
189% 220
48% 85 18%
34
148%
157%
95%
101%
121%
102%
155%
94%
100% 120%
75%
8,000 Canadian Pao.,
11,900
600 200 100
1,000
16,000
7,600
Ohes. ft Ohio.
Chi. Gr. W.
do pr A.
do pr B.
C.,0.,0. ft St.L
CoL Fuel ft Ir
OoL Suuthern.
do 1st pr.
do 2d pr..
Consol. Gas
Del. ft Hudson
Den. ft Rio Gr
do
D., 8. S. ft A
do pr
Brie
do 1st pr.
do 2d pr..
Gen. Electric..
Great Nor., pi
Illinois Cenf.
Iowa Central
do pr
Inter. Paper..
do pr
K. 0. ft
do pr a.?iii
Louts ft Nash
Manhattan' 'I.
jMet. St. By.
167?!
60^
77 94 634 71
.139$
221
48%
19
5,800
500
1,900
18% 434 79$
70
165%*
296 176
26% 51 19%
85% 27 56
144% 147 106
94%
34% 68% 20%
298% 296
is' 52. 10% 19
57 56'
1443
146%
96? 85? 6,900
1,300 1,200 5,200
1,200 4,200
24,800
3,800
300
800
800
86,800
100
9,600
100
200
B&S.
16%
275%
86%
04% 34i 68 69% 21 67%
79% 79,
101r
92
89
95
206%
211%
141
47%
35%
185%
00
131%
92
93% 29%
99 26% 63
188%
199
78% 87%
99
164%
33
118 158%
94 44
102
92%
99
4%
205% 208%
139%
47% ax%
98% 82%
"5%
207
212 114%
48
M%
205 208
140
47%
85? 35
136 134%
132%
800 100
130%
"'26%"
24,800
2,100
75,400
8,200
26%
188%
200
T9% 37%
186%
199
78
37
'83%
87,800
83
'168%
79,000
12,800
100
167%
41%
700
40%
106%
..'A..
106%
20 $
87%
1,500
86% 87 91 18% 38
'is% 18
2594 25% S* 49%
Total sales, 684,600.
Money opened at 4 per cent high, 4% per
cent low, 2 per cent closed. 2 per cent ruling
rate, 4 per cent last loan, 2 per cent.
MINING AND CURB STOCKS
Special to The Journal.
Boston, Aug. 18.^On, light trading the cop
per market opened strong. Alloues was the
feature on favorable reports from the lake as
to No. 2 shaft. The advancing tendency of
Amalgamated In New York was reflected In a
atrong undertone in the,Boston copper market
Boston quotations at 1 p.m..: Adventure, 5%
@6 Alloues, 86% American Zinc, 8% Arca
dian, 26@26% Arnold, 900100 Ashbed, 1 bid
Atlantic, 11 Boston Consolidated, 25% Blng
bam, 82%: Bonanxa, 4655, Black Mountain,
10 Butte fflp., 2@3[ Butte ft London. 2 Butte
Ooalttlojj. S1VL OllBmat & HecU. eOOQSesS
Centennial. 28%: Copper Queen, 2 Consolidated
Merour, Dty Calumet ft Arliona, 110 Copper
Range, 75% Cumberland Ely, 7@7% Daly
West, 17iai7% Denn-Arisona, 19 asked Bast
Butte. 10dl0% Blm River, 11%@11% Frank
lin, 18%17% Granby, 11%@12 Guanajuato,
6%6% Greene Consolidated, 24% Helvetia,
66% Isle Royals, 18% Keweenaw, 10@10%
Moss Mining Co., 7%Q8% Mayflower Min
ing Co., 4SQ55: Massachusetts Gas, 68%
Michigan, 12% $13 Mohawk, 61 Montana
Coal ft Coke. 24(324% Nevada Consolidated.
17%17%: North Butte, 91% Old Colony, 86
Old Dominion, 40% Osceola, 106% Parrot, 28
Phoenix, 25%@26 Superior ft Pittsburg, 17%
Pneumatic Service, 14: Pneumatic Service pre
ferred, 28 Qulncy, 84%' Raven, 89@91 Rhode
Island, 4%5 Santa Fe, 1%1% Shannon,
9% Shoe Machinery, 78%79 Shoe Machin
ery preferred, 80031 Swift, 104 Tamarack,
i (2100 Tecumseh, 10QU Tennessee,
9! Trinity, 9 United Copper, 68% United
States Mining, 5555% United States Mining
preferred. 46 Utah, 68 Union Land, 2@8
United Fruit, 109%@110 Victoria, 6%36%
Washington, %1: Winona, 7%@8 Wolverine,
75Q100 Warren Development Company, 14.
ARXIONA COPPERS.
The entire market is strong, with Keweenaw,
Denn-Arlaona and Globe Consolidated tbe lead
ers in tbe advance. All three of these stocks
have made a good advance for the day, and
brokers say they would not be surprised if all
would sell higher before a reaction comes.
The strength In Keweenaw comes from their re
cent strike In tbe Medora claim.
Quotations at 1 p.m.:
Calumet ft Arizona 110.00
Superior ft fittsburg..
American Dev. Co
Warren Dev. Co.
Denn-ArJsona Dev. Co..
Black Mountain
Globe Consolidated
Butte Coalition
Butte ft London
Keweenaw Helvetia
Bid.
10.00
17.25 12.76 12.60
21.00
9.76 6.00
81.00
1.87
10.60
4.60
Asked.
$110.60
17.50
18.26 12.76
22.00 10.60 82.00
2.26
11.00
6.00
LONDON CLOSING STOCKS, Aug. 18.Con-
sols for money, 87% consols for account,
87 16-16 Anaconda, 18% Atchison, 97% Atchi
son preferred, 104 Baltimore ft Ohio, 124%
Canadian Pacific, 173% Chesapeake ft Ohio,
4 7d December 4 7%d. Hop In 68H Chicago Great Western, 19% Chicago, port has not been discounted by the
(Pacific .coast), firm, 10s to 4 l&s. Milwaukee ft Bt^ Paul, 1929% Pe Beers, 17%,- decline in thg past two weeks."
W-~*
mmmm
Defective Page
Denver & Rio Grande, 46 Denver ft Rio
Grande preferred, 88% Brie,' 46 Brie first
preferred, 81% Erie second preferred, 73 Illi
nois Central, 182 Louisville & Nashville,
148% Missouri, Kansas A Texas, 80%- New
York Central, 144% Norfolk & Western, 95%
Norfolk & Western preferred, 94 Ontario &
Western, 49% Pennsylvania, 70 Rand Mines,
6% Reading, 68 Southern Railway, 38%
Southern Railway preferred, 102% Southern
Pacific, 80% Union Pacific, 162% Union Pa
cific preferred, 98 United States Steel, 42%
United States Steel preferred, 111 Wabash,
21 Wabash preferred, 48 Spanish tours, 93.
Bar silver,' steady, 30%d per ounce.
Money, 2g)2 per cent.
The rate of discount in the open market for
short bills is 31-16 per cent. The rate of
discount In the open market for three months'
bills is 8% per cent.'
ACTIVE BONDS AND OTJRB STOCKS.
New orlc cuiotatlons to p.xn.
Japanese lets. 100.
Japanese ads, 80%, 88%. 88%, 88%.
Japanese second 4%s, 84%.
United States Steel 6s, 98%, 98%, 98%, 98%.
J. P. Ct. 4s. 83%.
J. P. seconds, 91%.
0. 8. L. 4s, 94%@95.
Union Pacific 4s. 103%@108%.
Utah Copper, 26(2)28.
B. & O. 8%s. 9494%.
Baltimore & Ohio 4s, 102%@103.
Rock Island 4s. 77%@78.
Northern Pacific 4s, 103%.
Black Mountain. 9 10.
A. T. 4a, 77%.
B. R. T. 4a, 94@95.
Atchison 4s, 101%@102.
A. T. 6s 112%.
Rock'island 5s, *92%@93.
United Copper, 68%@64.
Boston Copper, 25@26%.
North Butte, 91%@92%.
Reading 4s, 99%.
Bast Butte, 10@10%.
Greene Copper, 24%@26.
Tin Can common, 7%@8%.
Tin Can preferred, 68@69%.
Granby,ll%@12.
MONEY REPORTS
LONDON, Aug. 18.Bar gold, 77s 10%d
American eagles, 76s 5%d.
BERLIN, Aug. 13.Exchange on London, 20
marks 47% pfgs for checks. Discount rates,
short and three months bills, 8% per cent.
PARIS, Aug. 13.Three per cent rentes, 97f
85c for the account. Exchange on London, 25f
18%c f*r checks.
MINNEAPOLIS, Aug. 18.Bank clearings to
day, $2,558,428.26 New York exchange, selling
rate, 15c premium buying rate, 15c discount
Chicago exchange, selling rate, 30c premium
buying rate, par London 60-day sight document
ary exchange, $4.81%. Local money firm at 6%
@6 per cent for selected paper.
U. B. GETS GOLD.
London, Aug. 18.The United States Jias se
cured the bulk of tbe gold available on the
market, about $2,600,000, for which 2c advance
was paid.
MISCELLANEOUS
NEW YORK COTTON, Aug. 18.The cotton
market opened barely steady at a decline of
5@7 points under lower cables, big crop ex
pectations and tbe continued good weather over
the south Liverpool continued easy after the
local opening and prices here soon sold off to a
net loss of about 910 points, which represent
ed a new low level for the season.
Cotton futures opened barely steady August,
8.25c bid September, 9 41c October, 9.58c
November, 9.64c December, 9.70c January,
9.78c March, offered 9.95c May, 10c.
Prices were 8 or 4 points up from tbe lowest
In the late morning, but the tone was still
unsettled and the net range was 8@10 points
net lower.
ANNUAL BARLEY REPORT.
A grain commission bouse In Milwaukee has
issued the annual barley report covering Wis
consin, Minnesota, Iowa and South Dakota, from
which the following synopsis is made: Wiscon
sin acrage same as in 1906 yield, 30 bu
per acre, a decrease of 7 bu quality better
than in 1905. Minnesota acreage about the
same as 1905 yield, 27% bu, a trifle less than
In 1906 quality feed to choice malting. Iowa
acreage, little change yield, 80 bu, or 3 bu
more than In 1905 quality chiefly malting.
South Dakota acreage, 4 per cent decrease yield
80 bu, or same as in 1905 quality better. Since
these reports were mailed there were heavy
rains, except in Iowa.
NEW YORK OIL, Aug. 18.Petroleum
steady refined, all ports, $7.65@7.10.
NEW YORK METAL, Aug. 18.Lead, quiet
6.75c. Copper, steady, 18%@18%c
PROVISIONS
CHICAGO PROVISIONS, Aug. 18.Provisions
were quiet but firm. A 6c advance in the
price of live hogs had a strengthening Influ
ence. September .pork was up 12%c, at
$16.97% Lard wad up 6c, at $7.08. Ribs
were 2%c to 6c higher, at $8.90 to $9.06.
ClosePork, September, $17.10 January,
$13.86. Lard. September, $8.75 October, $8.80.
Ribs, September, $8.45 October, $8.75.
CHICAGO PRODUCE, Aug. 18.Cheese firm
daisies, 12@12%c twins, ll@ll%c Young
Americas, 12 Poultry, live easy tur
keys, 12c: chickens, lie springs, 12S)18e Po
tatoes, steady, 47@56c. Veal steady 60 to
60-lb weights, 6@6%c 60 to 85-lb weights, 6%
@7%c 80 to 110-lb weights, 8@9c. Butter
firm creameries, 17g)22c dairies, 16@20c. Bggs
steady at mark, oases included, 14@16c.
NEW YORK SUGAR AND COFFEE, Aug.
18.'Sugar, raw firm fair refining, 8%c cen
trifugal 96 test, 8%c molasses sugar, 8 1-160
8%c refined steady crushed, 6.60c powdered,
6c granulated, 4.90c. Coffee quiet No. 7 Rio,
8%c. Molasses steady New Orleans, 80@88c.
A-u?-
xrKvr Tons raovnuoHs,
steady family, $10(3)11 mess, $8(38.00: packet,
|9@10. Pork steady mesa, fl8.2ojl8.76 fam
ily, $19(8119.50 short clear, flf@10. Lard
barely steady prime western, $8.758.85.
NEW YORK PRODUCE, Aug. 18.Bggs, 18
@18%c receipts, 9,801 cases market steady.
Butter, creamery, 22c imitation, 19@19%o
ladles, 17%c receipts, 6,249 packages extra
renovated, 19@19%c renovated, 1818%c mar
ket firm.
NEW YORK FLOUR AND GRAIN, Aug. 18.
Flour, receipts, 14,826 brls sales, 875 brls
about steady Minnesota patents, $4.25@4.50
winter straights. $S.66@3.80 Minnesota bakers,
$3.45(83 80 winter extras, $2.86@8 85 winter
patents, $3.83@4.25 'winter low grades, $2.75
@3.30. Wheat, receipts, 289,000 bu sales,
750,000 bu opening firmer on good cables and
small world's shipments, wheat later eased off
with corn, losing its %c advance. Rye, nomi
nal No. 2 western, 63c elf New York. Corn,
receipts, 5,375 bu sales, 10,000 bu opened up
on light receipts followed by September liquida
tion and declines.
KANSAS CITY
Wheat. September,
May, 72%c cas'a No. 2 hard. 67%@68%c
3, 65%@67c No. 2 red, 67%c No
GRAIN, Aug. 18.Close:
66%c December, 68%
8%c. fl0
8 66%
67. Corn, September, 44%c December, 40%c
May, 40%c cash No. 2 mixed. 46%@46%c
No. 3, 46@46%c No. 2 white, 48@48%c No,
8, 47%@48c. Oats, No. 2 white, 86c No. 2
mixed, 82c.
WINNIPEG GRAIN, Aug. 18.August opened
at 74c, closed at 74c October, 72c, closed 72c
December, 71%c. closed 71%c May, 76%c,
cloned 76%c. Cash close: No. 1 northern, 74%:
No. 2 northern, 72 No. 8 northern, 68 No. 2
white oats. 30% No. 8 barley, 40 No. 1 flax,
$1.03. Reelpts, wheat, 47 cars last year. 10.
Terminal elevator stocks. $1,008,804 bu: last
year, 2,260.000 decrease for week. 164,875.
CHICAGO SEEDS AND COARSE GRAIN,
Aug. 18.Rye, cash, 57@57%c December, 67%
@58c. Barley, cash, 88@52c No. 3 feeding,
nothing doing No. 8 September, nothing doing.
Flax and clover, nothing doing. Timothy, Sep
tember. $4.16@4 25
NEW YORK BOND MARKET
New York bondhouses still complain
of the unresponsive attitude shown by
investors, who give little evidence of a
desire to purchase at the present con
cessions. There has been a fairly good
business transacted in New York city
4 per cents, tho other municipal issues
are still a drug in the market. Rail
road notes netting over 5 per cent are
also in fair request, but giltedged bonds
rest undisturbed in the vaults of the
large houses. Corporations are obliged
to borrow privatelyt several more note
issues being also impending, among
them one of the Chicago & Western In
diana. This phase of the situation is
not at all encouraging in view of the
scarcity of available funds. The activ
ity of business keeps the supply at a
low level, despite the fact that the
money in circulation is $152,000,000
higher than a year ago, the per capita
amount being $32.52. Savings bunks
returns in the state of New York give
a hint as to one reason for the dearth
the New York city real estate boom
withdrawals for the year being $59
000,000 greater than for 1905.
Poehler says: "Conditions in the
spring wheat country have not improved
any since the first of the month, up to
Which time the government estimate
was made and, as we have received a
great many bad reports on account of
the excessive rains, there is a possi
bility that conditions to present date'
would be a great deal more unfavorable
than the report suggests. It now re
mains to be seen as to whether the re
South St. Paul, Minn.. Aug. 18.Estimated
receipts at tbe Union stockyards today: Cat
tle, 2,200 calves, 200 hogs, 1,500 sheep, 100
cars, 114.
The following table shows tbe receipts from
Jan. 1, 1906, to date, as compared with the
son* period in 1906:
Yeajv-' Cattle. Calves. Hogs. Sheep. Cars,
lflptt ..,.132,021 35,397 5537874173,412 13,657
1906 141,720 82,243 564,983 24,019 13,713
Increase 8,154
Decrease.. 9,699 1,109 66,767 56
The following table shows the receipts thus
far in as compared with tbe same
period inAugust 190 5
Year- Sheep.
9,686
5,505 4.131
Cars.
541
604
87
Cattle. Calves. Hogs.
1906 7,479 1,232 12,197
1905 8,071 1,405 8,740
Increase 3.467
Decrease... 693 253
Official receipts for the post week are as
follows
Date Cattle. Calves. Hogs. Sheep.
Aug. 4 304 34 954 170
Aug. 6 2,673 279 982 544
Aug. 7 466 180 1,484 825
Aug. 8 1,032 208 1,299 3,616
Aug. 9 252 24 1,272 177
Aug. 10 653 7 711 244
Aug. 11.... 896 39 998 8,989
Kallroads entering the yards reported receipts
for the day by loads as follows: Chicago.
Milwaukee ft St. Paul, 15 Chicago, St. Paul,
Minneapolis ft Omaha, Sy Great Northern, 12
Soo Line, 35 Northern Pacific, 47 total, 114.
KANSAS CITY LIVESTOCK, Aug. 13.Cat-
tleReceipts, 11,000, Including 3,000 south
erns market steady to shade higher native
steers. $8.75@6.15 southern steers, $2.75,4.25
southern cows, $2@3.25 native cows and heif
ers, $2g5.25 Blockers and feeders, $2.40@
4.50 bulls, $2@3.60 calves, $2.606 west
ern steers, $j.50@6 western cows, $2@4.25.
HogsReceipts, 7,000: market steady to 3c
higher bulk of sales, $6@6.10 heavy, $5.90(26
packers, $6@6.10 pigs and lights, $5@6.12%.
SheepReceipts, 4,000 market strong mut
tons, $4.25@5.50 lambs, $6@7.76 range weth
ers, $4.40(^5.90 fed ewes, $4&5.25.
CHICAGO LIVESTOCK, Aug. 13.CattleRe-
ceipts, 22,000 market strong to 10c higher
beeeves, $3.85@6.50 cows and heifers, $1.15
2.20 stockers and feeders, $2.25(34.15 Texans,
$3.75(34 calves, $6@7. HogsReceipts, 80,000
market 5c higher estimated receipts for to
morrow, 18,000 mixed and butchers, $5 66
(&6.15 good heavy, $5.76@6.10 rough heavy,
$5.455.66 light, $6.70@6.20 pigs, $6.15(2
5.90 bulk of sales, $5.85g6.10 SheepRe
ceipts, 22,000 atrong sheep, $3.25@6.35 lambs,
$6.60@7.75.
SIOUX CITY LIVESTOCK, Aug. 18.Re-
ceiptsCattle, 1,600 hogs, 2,600. Hogs, 5c
higher. Sales, 68, 300 lbs, $6.66 70, 268 lbs,
$5.85 70, 200 lbs, $6. Cattle, steady. Stock
ers, 10c higher. Beeves, 48, 1,180 lbs, $4.60
16, 1,230 lbs, $6.10 12, 1,480 lbs, $5.86. Cows
and heifers, 10, 780 lbs, $2.60 10, 890 lbs,
$3.50 10, 1,140 lbs, $4.30. Stockers and feed
ers, 10,760 lbs, $8 8, 870 lbs, $8.69 8, 980
lbs, $4. Calves and yearlings, 8, 640 lbs, $3
7, 080 lbs, C3.60 6, 650 lbs, $3.86.
ST. LOUIS LIVESTOCK, Aug. 13.Cattle, re
ceipts, 7,500, including 5,260 Texans market
natives strong, Texans steady beef steers, $3@
6.15 stockers and feeders, $2@4.60 cows and
heifers, $8@5.25 Texas steers, $3@5.40 cows
and heifero, $2(33.60. Hogs, receipts. 4,000
market 6c higher pigs and lights, $6 05@0.15
packers, $5.76@6.10 butchers and best heavy,
$641/6.15. Sheep, receipts, 1,000 market strong
natives, $36 iambs, $4@7.
OMAHA LIVESTOCK. Aug. 13.Cattle Re
ceipts, 4,600 market atrong to 10c higher na
tive steers, $4.25(3)6 cows and heifers, $8(34.25
Texas steers. $2.75(^4.15 cows and heifers. $2
O3.90 stockers and feeders, $2.80@4.30 calves,
$3@5.50. HogsReceipts. 7,000 market light
shade hlgler bulk of sales, $5.90@6. Sheep
Receipts, 13,000 market steady lambs, $6.26
@7.40 sheep, $4@5.85.
MIDWAY HORSE MARKET, Minnesota Trans
fer, St. Paul, Aug. 18.Barrett ft Zimmerman's
report: Last week was very quiet in the horse
market. Very few horses changed hands. Al
tho the eastern market reports a decrease,
there has been nq change In prices here. Prices:
Drafters, extra, 8210 to $285 drafters, Choice,
$186 to $210 drafters, common to good, $160
to $186 farm mares, extra, $120 to $145 farm
mares, choice, $105 to $120 farm mares, com
mon to good. $80 to $106 delivery, choice, $166
to $180 delivery, common to good, $130 to
$166 drivers, $130 to $260 mules, according to
sise. $140 to $225.
GOSSIP OF THE MARKETS
Total clearances: Wheat, 885,000 bu flour,
10,229 brls corn, 16,000 bu oats, 9,000 bu.
Wheat and flour equal 881,000 bu.
Jamestown, N. D.Harvest started In early
wheat grade good, weather favorable.
Fort Worth, TexasRock Island and Kansas
ft Texas passenger trains ran into each other
in yards here casualties not known yet.
New York to J. D. Fraser: "Believe we ore
going to have a big rise in Steel common, and
advise purchase of it right now."
AntwerpHoliday. Chicago to Lewis: "Trade very light early
buying of May corn by commission houses."
Prlngle buying September wheat.
Winnipeg, clear and 'fine. 60 Grand Forks,
clear and warm, no rain Fargo, clear and fine
Billsboro. cloudy, light northwest wind, 76
Oomstock, part cloudy and warm, south wind,
76 above St. Cloud, clear, calm and fine, 80
above, no rain.
Liverpool cabled: "Wheat advancing on ad
verse weather reports. Heavy rains ore re
ported. Corn Inactive prices steady.
Swift picking up some lard In Chicago Finley
Barrell selling ribs and buying pork.
Moore to Watson: Think May wheat Is a
purchase.
The visible supply Is now as large as It was
the second week in November last year.
There are about 18,000,000 bu wheat In Chi
cago now. public and private.
Knight SCXOUKK1 -wlrvd from New Totk that
more pressure from Danube wheat Is expected.
Bids for American wheat slow, hardly up to
Saturday's.
Budapest closed %c higher.
Berlin closed %c lower.
Jackson wired Watson: I know of a trader
short 600,000 bn wheat. The local bulla are
getting courage again.
Petri of St. Louis wired: I believe from what
I have seen that excepting a few counties where
corn fired two weeks ago that Missouri has bet
ter corn than Illinois, and If we have a reason
ably late season the corn yield will be as good
relatively as the wheat turned out.
New York to Whallon: Strong undertone to
Harrlman stocks. Brooklyn weak on develop
ments.
C. H. Lewis, from F. P. Frozier:. I hear from
a very good source In New York that Steel
common Is the thing to buy. They claim from
what they have got in sight that this year is
going to break all records with them on earn
ings.
Piper, from Chicago: A little inclined to
bullish side trade light hedgers sold moder
ately.
It is rumored that there Is a very bullish
report coming out on Atchison. It Is expected
they will advance their dividend rate 1 per cent
this fall.
New York to PiperThere la a tip to buy
Southern laciflc for a quick rise.
Canadian northwest weather: Temperatures,
66 to 68 partly cloudy. Northwest weather:
Temperatures, 60 to 66 clear.
Chicago, clear and pleasant. St, Louis, clear
and pleasant. Kansas City, clear and warm.
Omaha, clear and pleasant. Indianpolis, clear
and cool.
New York to LewisAt present the public
Is not interested apparently In the stock mar
ket, being deterred from operating by fear
of tight money. Evidently the big people, the
makers of markets and money, are satisfied
with the situation and have no fear of a
money squeese. Probably this view will be
accepted later on by the public.
Wnallon. from ChicagoTbe local forecast Is
for probable showers tonight or Tuesday in the
northwest balance of the district fair and
warmer.
Piper from ChicagoWheat about where it
closed. Sentiment is again becoming bullish^
Prlude bolllsar wheat.
Bartlett-Frailer moderate buyers of wheat.
Fort William and Port Arthur stocks, 1,003,-
884 bu: decrease for week, 164,876 bu.
Russia shipped 1,120,000 bu wheat.
Weather map shows generally clear, with sea
sonable temperatures over entire grain sections.
Same yesterday.
Winnipeg weather clear and warm, 72.
The earnings of the Twin City Rapid
Transit company for the first six
months of the .current fiscal year were
at the rate of 6% per cent per annum.
As the dividends have been paid at the
rate of VA per cent quarterly or 5 per
cent annuam, the road is paving 1%
per cent per annum within the rate that
ft earned in the first half of the year.
Thirtr eight roads for the fourth
week of July show an average gross in
crease in earnings of 14.78 per cent.
The largest individual wool clip ever
grown on the American continent was
shipped recently from Billings, Mont.,
over the Burlington to a Boston wool
firm. The clipiweighed 1,500,000 pounds,
and forty-four cars were required to
carry it. The owjier refused an offer
of 24 cents a pound for the wool.
{The London Times insurance expert
estimates that the British companies,
including the subsidiary American com
panies owned by them, lost 9,225,167
in the San francisco disaster.
CHAS. E. LEWIS & CO.
r~^
Grain Commission
& Stock Brokers
412-415 Chamber of Commerce
MINNEAPOLIS.
New York and Chicago Correspondent*
Bartlett, Frazler A Carrlngton,
PTlrQto. Pitch A. Rankin.
Chat. Q. Gate* A C*
vMembers
Cars.
27
129
42 76
30 40 77
of All Principal Exchanges.
WATSON & CO.,
BROKERS IN
GRjiW, PROVISIONS,
STOCKS Am BONDS
MEMBER8 N. V. STOCK EXCHANGE.
New York Office24 Broad 8
Chicago Correspondent*J. H. Wrens
Co.
Private wire. Chicago and New York.
Telephone*.
N. W. Main 4492. N. W. Main 4491.
Twin City 184.
420-421 Chamber of Commerce.
Branch Office131 Guaranty Loan Uido.
New York Stock Exchange.
Chicago Board of Trad*.
Minneapolis Chamber of Commereey/il
Private wire to Now York and Chicago
W CHAMBER OF COMMERCE
NEW YORK LIFE ARCADE.
Security Bank
of Minnesota
Established 1878
Capital and Surplus
$1,700,000
ARIZONA and BUTTE
COPPERS
Headquarters for Minneapolis and
Vicinity.
Grandall, Pierce& Go
731-733 Guaranty Building.
Both Phones
GrainCommission Receiving a specialty. Advances mads
to shippers. Orders for future delivery
executed in all markets.
M.C. WRIGHT
Member Mpls. Chamber of Com.
GRAIN COMMISSION
PROVISIONS, STOCKS. BONDS.
Main Office,
110 Chamber of Commerce Bldg
Ground Floor.
SHIP TO HEAPQUABTKRS.
H. POEHLER CO.
ESTABLISHED 1855.
GRAIN COMMISSION
SOLICIT 0BDEB8 AND CON8IONMEKTS.
KLVNEAPOLIS. DUXUTH.
Oar private market letter mailed on request.
THE VAN DUSEN-
HARRINGTON GO.
BB4IS COMMISSION
Office* in Principal Markets
Live Stock Commission, So. St.Panl
MARFIELD,
TEARSE & NOYES
Incorporated.
GRAIN COMMISSION
&
NNE
A POU
S
"Miss
WOODWARD*CO
4
George F. Piper
PIPER-
JOHNSON
iVCO.
Ellsworth C. Warner
Denmaa F. Johnson
Walter. o,.**ui
Brokers la
Stocks and Bonds
Grain and Provisions
409, 810. 411
Chamber of Conuneros
Phones N.W.M.
8481-34SS T. a UM.
Whallon,Case&Co. Stocks, Grain,' Provisions
MEMBERS
BOX Board of Trade
DULUTH.
Wm. Dalrymple,
Wm. Dalrymple Go. '&?%
CHICAGO
DULUTH MILWAUKEE
Before Buying or Sellfna. any Min
ing, UnHsted or Miscellaneous 8tocke
Request Offerings of
HlftDCE Oeraaaaia Life BUL
Pe nlUPCCs St.PaaL^Uaa.
TACT TRACKED.
New York Sun."
Miss Clara Clemens, Mark Twain's
brilliant "daughter, was talking at At*
lantic City
aboutsaid,
entertaining.
Tact,r
she is essential to
good entertaining. With the most hos
pitable spirit in the world, one may,
without tact, onlv render one's guests
uncomfortable. Tact averts blunders.
I once dined at a house where the
hostess had no tact. Opposite me sat
a modest, quiet gentleman. This gen
tleman suddenly turned as red as a
lobster and fell into a horrible fit of
confusion on hearing his hostess say
to her husband: i
'How inattentive yon are, Joe.
You must look after Mr. Blank better.
He's helping himself to everything."
AT THE BAIX.
Philadelphia Ledger.
Passer's hair is all mussed,
as if she could
ESTABLISHED 117*.
6rain
Commission.
Minneapolis.
Dulutiv
S
i
Isat
it?"
"Yes. Just as if she could deceive any-
one."
"Deceive anyone?"
"Yesv she mussed it purposely Just to give
the impression that someone had been doncins
with, her."
r^