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TENDENCY OF STEEL
Rail Orders Confined to Miscellaneous Small Lots. About 100,000 Tons New York, August 9.—New orders for rolled steel products came to the mills last week at the rate of 35 to 60 per cent of total capacity. Specifications on old con tracts for steel plates, shapes and bars were not sufficient to keep up the general average. The ^tendency of prices was downward. Concessions were made on marine plates in the eastern sheets con tinued" easy, with more mills aggressive for business. Car shops and railroad brought some structural shapes and bars to cover old contracts, but new buying of railroad equipment was light. Rail orders were confined to miscellaneous small lots aggregating 10,000 tons. Car orders were Insignificant, and locomotive shops re ceived orders for only 24 engines,vInclud ing one for the Pere Marquette and eight for the Cuban Central railways. The Can adian Pacific, however, asked for tenders on 30 engines and the Norfolk and West ern railroad on ten. The Lehigh Valley bought 600 steel un derframes and the car builders are figur ing on about GOOD cars, Including 3500 for the Northern Pacific. The rail Wiqulry for 1914 rolling stock is estimated at 600,000 tons, but few of such contracts are ex pected to be closed in the next GO days. Steel building and bridge orders w’ere very disappointing, the total calling for scarcely 9000 tons of fabricated shapes. The July orders of the United States Steel corporation subsidiaries were 407,061 tons less than shipments, tho latter being estimated at 040,000 tons, indicating new orders at the rate of 20,460 tons per day for the 26 active days in July. Unfilled orders July 31 were 6,399,356 tons. Sales of pig iron aggregated about 100,000 tons in all sections, including about 40,000 tons additional of basic iron-at minimum prices. The higher prices asked for foun dry iron confined new business within nar rower limits. The feature of the week was the numerous small sales. The July ouput was sharply curtailed by steel com panies and merchant furnaces, but some of tho decrease was due to the holidays early in the month. Bonds V. S. ref. 2s, registered . 98 U. S. ref. 2s, coupon . 98 U. S. 3s, registered . 102 U. S. 3s, coupon . 102 U. S. J&t registered . 110% U. S. 4s, coupon . 110% Central of Georgia 6s . 102% Illinois Central 1st ref. 6s . 89% Louisville & Nashville un. 4s.... 93 Seaboard Air Line adj. 6s. 74 Southern Railway 5s . 102% Southern Railway gen. 4s . 75 Treasury Statement Washington, August 9.—The condition of the United States treasury at the begin ning of business today was: Net balance in general fund, $131,527,696; total receipts yesterday, $2,492,753; total payments yes terday, $2,938,571; deficit this fiscal year, $9,710,428, against a deficit of $466,419 last year, exclusive of Panama canal and pub lic debt transactions. New York Money New York, August 9.—Money on call nomial. No loans. Time loans steady. Sixty days, 3ft<&'3% per cent. Ninety days, 4ft. Six months, 6%<&6 per cent. Prime mercantile paper, 6(&6ft per cent. Sterling exchange easy, with actual business in bankers’ bills at 4.83.16 for 60 days bills, ad at 4.86.60 for de mand. Commercial bills, 4.83. Bar sil ver, 59 cents. Mexican dollars. 47 cents. Government bonds steady. Railroad bonds quiet. Bank Statement New York, August 9.—The statement of the actual condition of Clearing House association banks and trust com panies for the week shows they hold $25,683,660 reserve in excess of legal requirements today. This is a decrease of $524,450 from last week. Actual condition: Loans, $1,924,876, 000; increase, $5,640,000. Specie, $350, 870,000; increase, $1,430,000. Legal ten ders, $79,655,000; decrease, $273,00. Net deposits $1,785,349,000; increase, $&, 657.000. Circulation, $4G,630,000; de crease, $326,000. Banks’ cash reserve! in vault, $367,828,000. Trust companies’ cash reserve in vuult, $62,697,000. Ag gregate cash reserve, $430,525,000. Ex cess lawful reserve, $25,683,650; de crease, $524,450. Trust companies’ re serve with Clering House members car rying 25 per cent cash reservs, $62,209, 000. Summary of state banks and trust companies in Greater New York not in cluded In the Clearing House state ment: Loans, $544,380,600; decrease, $^, 680,600. Specie, $63,450,900; decrease, $689,900. Legal tenders, $7,742,400; in crease $243,800. Total deposits, $615, 650,400; increase, $1,685,200. New York, August 9.—The Financier Boys today: The statement of the associated banks ©f New York city for the week ending Au gust 9 seemed to reflect very accurately known conditions with reference to the movements of money. There was a mod erate increase of $1,157,000 in cash loans expanding $5,640,000 and deposits of $5, 657.000. An increase in deposits enlarged reserve requirements, and as the gain in cash whs not sufficient to meet these, excess reserve fell $524,450, making the present turpi us about par, or equal to the 25 per cent. $25,638,650. With tills amount of surplus in hand and with the very large amount of treasury funds which are to be deposited in the crop moving sections, the future of the money needs appears riyther comfortable. Bank of Germany Statement Berlin, August 9.—The weekly state ment of the Imperial Bank of Germany shows: Cash in hand, increased 13,285,000 marks; loans, decreased 113,792,000 marks; discounts, decreased 69,100,000 marks; treasury bills, increased 11,499,000 marks; notes in circulation, decreased 71,685,000 marks; deposits, decreased 13,966,000; gold in hand, increased 9,067,000 marks. French Exchange Fails, August 9.—Three per cent rentes, 87f 30c for the account; exchange on Lon don, 231’ 25c for checks. Private rate of discount, 3% per cent. German Exchange Berlin, August 9.—Exchange on London, 20m 46%p for checks; money, Aft per cent; private rate of discount, 4% per cent. Live Stock Market Chicago, August 9.—Hogs; Receipts, 6500; strong; bulk of sales, fS.30ft8.90; light, $8,907/9.30; mixed, $8.10ft9.25; heavy, $7.86ft 8.95; rough, $7.S6ftS: pigs, $email@example.com. Cattle—Receipts, 300; steady; beeves, $7.10 (T/y.10; Texas steers, $G.75®7.80; Stockers, $5.30®7.70; cows and heifers, $3.I10®8.40; calves, $8.25(511.25. Sheep: Receipts, 1500; slow; natives, $4 50 Hubbard Bros. & Co. Cotton. Merchant*, Hanover Square, N. V. Members New York Cotton Ex change, New Orleans Cotton Exchange, New York Produce Exchange. Asso ciate Member* Liverpool Cotton Asso ciation. Orders solicited for the pur chase and sale of Cotton and Cotton Seed Oil for future delivery. Special attention and liberal terms given for consignments of spot cotton for da« livery. Correspondence invited. THE CLOSING STOCK LIST _Sales. High. Low. Close. Amal. Cop.2400 72 71% 71% Amer. C. R. 33% Amer. Agrl. 46 Amer. B. 8. 100 26% 26% 26% Amer. Can.1900 33% 32% 33% do pfd . 100 93 93 92% Amer. C. & F- 400 45% 45% 45% Amer. Cot. OH... 200 44 44 13% Amer. I. 8. 22% Amer. Linseed .. 100 9 9 9 Amer. Loco. 100 3?% 32% 32% -Amer. Smelt. & / Refining .1700 65% 64% 64% do pfd .101% Amer. S. R.110 Amer. T. & T. ... 300 129% 129 129 Amer. Tob.228 Ana. Min. Co. 36% Atchison . 100 96% 96% 96% do pfd . 97% Atlantic C. L..121 Halt. & Ohio .... 100 96% 96% 90% Bethle. Steel. 34% Brook. R. T.2300 89Vi 88% 88% Can. Pacific.3500 216% 215% 215% Cent. Leather ... 100 22% 22% 28% Ches. & Ohio_ 300 65% 65% 56% Chi. G. W. 13 Chi., Mil. & St. Paul .1900 108% 108% 108% Chi.' & N. W.129 Col. P. & 1. lOl) 31% 31% 31 Consol. Gas.131% Corn Prod.100 10% 10% 10% Del. & Hud. 100 167 167 156% Den. & R.„G. 20% do pfd . 100 33% 33% 33 Distil. Secur. .... 100 14 14 ,13 Erie.1600 29 28% 28% ' do 1st pfd .... 400 46% 46% 46% do 2d pfd. 200 37% 37% 36 Gen. Elect.« .140% Gt. Nor., pfd- 700 128% 128 128 Gt. Nor. O. ctfs,. 100 36 36 35 Illinois Cent. 100 107% 107% 107 Interb. Met.2600 16% 16% 16% do pfd .4600 60% 60 60% Inter. Harv.107% Inter-Marine pfd. 15% Inter. Paper. 9% Inter, pump . 7 K. C. Sou. 200 26% 26% 26% Sales. High. Low. Close Laclede Gas ._. 94 Lehigh Val.149% Louts. & Nash... 200 134 133% 133% Minn., St. P. & Sault St. M.127 Mo., K. & T. 400 23% 23% 23% Mo. Pacific. 200 32% 32 32 Nat’l Biscuit.117% Nat'l Lead. 47 Nat. Rys. of M. 2d pfd ...* • ■ ■ ■ 11 % N. Y. Cent. 100 98% 98% 98% N. Y., O. & W. 29% Nor. & West. ... 200 106% 105% 105% Nor. Amer. 70 Nor. Pacific . 200 111%'111 110% Pacific Mall. 21 Penn.1100 113 113 113 Peoples Gas.113% Pitts., C., C. & St Louis. 89% Pitts. Coal. 100 19 19 19 Pressed S. C. 200 25 25 24% Pull. Pal. Car.162% Reading .13800 159% 158% 158% Rep. I. & S. 100 24% 24% 24 do pfd . 87 Rock I. Co. 100 17% 17% 17% do pfd . 300 29% 29% 29% 3t. L. & S. F. 2d pfd. 6 % Seaboard A. L.. .... 19% do pfd . 44 Sloss-Sheft. S. & Iron. 27% Sou. Pacific.3600 92% 92 92% Sou. Rallwey- 500 24% 24% 25 do pfd . 78 Tenn. Cop. 700 30% 30% 30% Te>:. & Paclflo. 15% Union Pacific_6600 152 151% 151% do pfd . 100 84% 84% 83% U. S. Realty- 100 61 61 60 U. S. Rubber- 100 60% 60 Vi 60 U. S. Steel .11200 62 61% 61% do pfd . 100 108% 108% 108% Utah Cop. 900 50% 50 50 V. -C. Chem. 300 26% 26% 26 Wabash . 400 i 4 3% do pfd \. 700 12% 11% 12% West. Md. 100 42% 42% 41 West. Union. 67 West’ll. Elect. 62% W. & L. E. 5% Total sales for the day, 83,200 shares._ LOCAL SECURITIES Rate, Bid. Asked. Ala. F. &. 1. 4 60 65 Amer. C. Rys, pfd. 6 66 68 Amer. C. Rys. 35 37' Amer. T. & S. Bank... 8 170 180 Avondale Mills, com... 8 110 115 Avondale Mills, pfd.. 8 100 105 Bessemer C. & 1. 4 45 65 B’ham, J3. & B., com... 9* It B’ham, E. & B., pfd. 6 30 38 B’ham Baseball Asso.. 140 170 B'ham Realty Co. 4 170 190 B’ham T. & S. 8 250 268 Cham, of Com., pfd .. 7 7 4 80 Com. Bank & T. Co.. 90 97 Corey Land . 70 75 East Lake Land . 65 65 Elmwood Cem. Co. .... 4 87 95 Empire Imp., pfd.8 104 110 Ensley Land . 112 125 First National Bank ..12 258 268 Great Sou. Life . 10 13 Interstate Casualty .. 4 8 Interstate Fir^ . 5 10 Jeff. Co. S. Bank.10 160 175 Jefferson Fertilizer .. 8 130 135 L., J. <& L., com. 45 60 L.. J. & L., pfd. 7 95 98 North B’ham Land .... .15 22 Protective Life ... 19 13 Prov. Oil & Gas. 1 4 Realty Tr. Co., com- 8 110 126 Realty Tr. Co., pfd. ... 8 100 110 Sou. States Fire . 3 6 Traders Nat. Bank ... 9 165 153 BONDS Rate. Bid. Asked. Ala. State Off.. 1920... 4 96 100 Ala. State Renew.. 1956 314 88 92 Ala. State Renew., 1956 4 100 103 Ala. State Fair . 6 75 85 Amer. C. Rys. 5 89 91 Bessemer C. & 1. 6 100 103 B'ham, E. & B. 5 65 69 B. R.. L. & P. 6 98 100 B. R., L & P. 414 88 90 B’ham Ice Factory .. 6 100 106 B’ham R. & E.5 100 102 B’liafh Watet works ... 5 107 111 B'ham Vaterworks ... 5 109 112 City of Birmingham .. 5 100 104 City of Birmingham .. 6 105 108 Continental Oln .6 102 106 Country Club . 6 95 100 Jefferson County .... 6 103 108 Jefferson County .... 6 105 110 Jefferson County .... 414 100 102 Milner Land Co.6 100 102 Nashville Railway .... 5 100 102 Pratt Consolidated ... 5 83 88 Slos3 I. & S. 6 102 105 Sloss 1. & S. 414 92 95 T. C. X.. gen mtg.5 100 102 T. C. I.. Tenn. Dlv.6 101 103 ' T. C. 1., Ship Bldg. ... 6 102 104 T. C. I.. B’ham Div. ... 6 100 102 T. C. X, Cahaha Dlv.. 6 103 1Q7 @6.10; yearlings, $5.2606.10; lambs, native, fS.504i7.60. , . Kansas City, August 9.—Hogs: Receipts, 2500; market 5s higher. Bulk, $8.4008.70; heavy, $8,504(8.55; packers and butchers, $8.4008.75; lights, $8.4008.80; pigs, $6.5007.50. Cattle; Receipts, 100; no southern; mar lcet steady. Prime fed steers, $8.4008.75; dressed beef steers, $firstname.lastname@example.org; western steers, $0@8; southern steers, $4,804(7.10; cows, $email@example.com; heHers, $4.5008.50; Stock ers, $507.75. Sheep; Receipts, 500; market steady. Lambs. $607.26: yearlings, $4,504(5.51; wethers. $404.75; '-ewes, $3,500-4.25; Stockers, $2.50@>4. St. Louis, August 9.—Cattle: Receipts, 600. Including 250 TexanB. Choice to firm steers, $S@9; good to choice steers; $7.2508; dressed und butcher steers, $5.5007.25; Stockers. $firstname.lastname@example.org; Texas steers. ,$6,250 7.73; Texas cows and heifers, $4.2506.50. Hogs; Receipts, 2900. Pigs and lights, $6.5009.20; mixed and butchers, $8.7509.15; good heavy, $8.7008.80. Sheep; Receipts, 500. Muttons, $3.2504.25; yearlings, $506; lambs, $5,504(7.35. Louisville, August 9.—Cattle: Receipts, 250; market closer. Range, $2.6007.75. Hogs: Receipts, 1400, mostly 6c higher. Range, $54(9.15. Sheep: Receipts, 1800; lambs, first period, firm, 6c down; sheep, 39ic, closed 394c off. Metal Market New York, August 9.—Metals quiet, more or less nominal. Copper showed continued strength. Lake. $16. Elec trolytic. $15.75010.00; casting, $15.50 0)15.62%. Iron unchanged. London Stock Market Lqndon, August 9.—Stocks were fairly steady today, hut trading was Inactive and traders were principally concerned with arrangements for the mining carry over Monday next. American securities opened steady and after a series of Irregular movements closed steady, with prices ranging from 1 1-4 above to 3-4 point below yesterday’s New York final quotations. Consols J'nr money, 83%; consols for ac count. 7394; Illinois Central, 11094; Louls Wlle and Nashville, 138; Southern Railway, 25%. Bar silver steady, 27 3-36d. Money, 2944(3 per cent. Discount rates: Short bills, 3944(374 per cent; three months, 3740 4 per cent. Coffee Market New York, August 9.—A sharp advance In Europe and reports of higher cost and freight offers from Brazil Inspired an opening advance of from 6 to 9 points in coffee. Active months sold 11 to IS points higher during the early trading, making new high ground for the move ment. However, there was renewed liqui dation of near months and tire market weakened In the late trading. Close steady August, 8.G0c; September, 8.67c; October, 8.77c; December, 8.97c; January, 9.06c; March. 9.26c; May, 9.36c; July, 9.41c. Spot steady; No. 7 Rio, 9%c; No. 4 Santos, ll74c; mild dull; Cordova, 130 16%c. Havre, 19401% franc higher. Hamburg. 19401% pfennig higher. Rio and Santos unchanged. Brazilian receipts, 72,000. against 65,000 last year. Jundiahy re ceipts. 51,000, against 48,000. Santos cables reported the market 50 rels higher at 6sx 500; Sao Paulo receipts, 63,000, against 83,000 yesterday. Naval Stores Savannah, August 9.—Turpentine firm, 3f%(&3Ge; sales, 282; receipts, 539; ship ments, 1788; stocks, 33,130. Rosin, firm; sales, 2092; receipts, 1713; shipments. 604, stocks, 171,048. Quote: A, B, $3.55: C. D, $3.70; E, $3.80; F, $3.85; Q. H, $3.90; I, $3.95; K, $4; M, $5.30; N, $5.25; WG, $6.10 WW, $6.40. Cotton Seed Oil New York, August 9.—The cotton seed oil market was slightly lower, owing to the decline in lard and cotton but offer ings were very light on the decline and the undertone was steady, closing 1 to 10 points net lower. Prime crude nomi nal; prime summer yellow, 9c; August, 9.02c; September, 9c; October 7.98c; No vember, 6.99c; December, G.76c; January, 6.73c; February. 6.70c; March, 6.73c. Prime winter yellow and summer white, 9.20c. Fashion at the Shore From Judge. "There's no limit to women’s Ideas of fashion.” • "What’s jarring you now?” "Oh, I saw a girl on the beach today, and I’m a 'goat if she didn’t have the skirt of her bathing suit stashed!" LOCAL QUOTATIONS Pig Iron IP .:.$11.50 ip .11.00 3P . 10.50 Gray Forge . 10.00 IS . 11.50 33 . 11.00 Local Cotton Strict good middling . 11% Good middling .. H% Strict middling .. 11% Middling .#. 31% Strict low middling ... 10% Meat - Lard, 13%c; compound. ll%c; dry salt short ribs, $13.45; bellies, 14.57%; ham butts, 15.50c; Boston butts, 16c; pork loins, 17%c; spare ribs, 13c; breakfast bacon, 27@28c; smoked baSon, 17c; regular ham, 20Vic; skinned ham, 21%c. Creamery Products Country butter, 20(325c; fresh creamery butter, 32c; cheese, 17c; imported Swiss cheese, 31c; German brick- cheese! 20c; limburger cheese, 19c; imported Roquefort, 35c; Neufchatel cheese, per dozen, 45c, Pimento cheese, $1.35; process butter, 30c. Fruits and Produce Apples, new, $1.50(32; Florida Valencia oranges, $5; California oranges, $5 box; limes, $1 per 100; Irish potatoes, $1.10 per bushel; sweet potatoes, Dooley, $1.50(31.75 hamper; onions, red globe. 2%c per pound; lettuce, $1.50(32.50 per crate; cu cumbers, per crate, $1.76; tomatoes, Flor ida, $email@example.com; cabbage, Virginia, 3%c lb.; new Texas onions, crate, $1.50; beans, per hamper, $1.25(gl.50; peaches, $2.50@3 crate; squash, per hamper, $1(31.25; cantaloupes, $2.50(38; watermelons, 15@25c; peppers, per crate, $1.50(62; lemons, box of 360, $G@6.50; Okra, $2(32.50 hamper. Pears, per box, $3. Plums, $2. Georgia canteloupe, $2.50. Louisiana canteloupe, $2.50@3. Fish and Sea Foods Red snapper, 9@10c, In bbl. lots; gray snappers or groupers, 6c; Spanish mack erel In bbl. lots; pompano, 20c; mixed fish, 10c in bbl. lots; pompano, 20c; mixed fish, Sc in bbl. lots; crockers, 6%c in bbl. lots; mullet, 6%c in bbls.; small trout, S%c; fresh water cat. dressed, 12%c; salt water cat, 8%c; speckled trout. 12%e. Flour and Breadstuffs Self rising flour, $5.60; Tennessee flour, $5; Oklahoma flour, $5; pure wheat shorts, $33; pure wheat bran, $28; C. S. hulls per ton, $16; prime C, S. meal, per ton, $35; C. S. feed meal, per ton, $30; No. 1 timothy hay, per ton, $23; mixed alfalfa And Johnson grass, per ton, $20; sack, $1.50; alfalfa hay, per ton. $22; John son grass, per ton, $16; mixed feed, $34; oats, 68c bu.; corn, 96c. Poultry and Eggs Hens, per pound, 13@14c; fryers, 1 % lbs. average, 18<&)19c; fryers, less than 1 lb. and under 1% pounds average, 17*-, ducks, 13c pound; guineas, 30e; roosters, 30c; geese, 40®50c; live turkeys, 15c; fresh eggs, case candled, 17<&lSc; extra graded candled eggs, 21c. Coffee and Sugar Arbuckle coffee, 21.80c; Luzanne. 23c per pound. Sugar, standard granuated, 5V4c per pound. Freshies From Judge. “Ah!” says the visitor In the college town, noticing the long file of young men parading about the campus. “Some raw recruits?” “Yes and no,” explains the resident. “They're what you might call rah-rah recruits.” , What Is Worse From Judge. “Oh, dear.” pouted the pretty girl in irritation, as the trolly car came to a standstill, “what is worse than waiting on a switch?” “Trying to pass on the same rail, madam,” responded a gentleman beside her. George B. Ward Stocks and Bonds Inquiries Solicited Backset in Corn Prices Aft er the Opening Bulge. Nervous Close _ i Chicago, August 9.-Proflt taking on an Immense scale by' owners of corn brought about a backset in prices today after an opening bulge due largely to the govern ment report. The market closed nervous at a range of *£c lower to %c up, com pared with last night. Wheat finished to \i(gr%c down, oats and provisions showing a decline of 5 to 30c. Sellers of corn were influenced in a great degree by an official forecast that the drouth in the southwest would be it least partially broken before Monday. On the other hand, the continued excessive dry heat of the last 24 hours was joined with the government report In not only producing an excited advance at the out set, but in furnishing a basis later that at certain limits gave support to the huge quantities of corn sold out. Belief that all the damage actually' done so far to the corn crop had been dis-! counted by previous advances in the mar-' ket formed a decided factor today' in shap- j ing the course of prices. This opinion made itself especially manifest after Sep tember had been rushed to 73 cents, a new high point for the season. There was talk, however, that the September delivery was congested and might yet be subjected to an uncomfortable squeeze. Bearish estimates from Washington and beneficial rains in the spring crop region weakened wheat. Another element against the bulls was the news that the stock on hand at Kansas City had reached the largest total ever known. The decline was checked by active buying commis sion houses with resting orders that seemed to be without limit as to amount. Primary receipts of wheat today were 1,075,000 bushels: a year ago, 1,332,000 bush els. eSaboard clearances of wheat and flour equalled 366,000 bushels. Oats sagged under unloading resulting from the bearishness of the government report. Particular stress was put on the circumstances that farm reserves are the biggest on record. Provisions gave way because of the break in coarse grain. Free selling by the j chief longs more than offset the effect of j higher prices for hogs. Future quotations were as follows: Wheat— Open. High. Low. Close. Sept. 85% 86% 85% 85% Dec. 89% 90% 89% 89% May . 94% 95 91% 94% Corn Sept. 72% 73 71% 72 Dec. 67% 68 66% 66% May . 69% 69% 68% 68% Oats— Sept. 42% 42% 41% 41% Dec. 44% 44% 43% 43% May . 47 47% 46% 46% Pork— Sept.20.85 20.85 20.65 20.62% Oct.20.30 20.30 19.97% 20.00 Jail.19.40 19.40 19.12% 19.12% Lard— ' Sept.11.37% tl.37% 11.15 11.15 Oct.11.47% 11.47% 11.25 11.27% Jan.10.82% 10.82% 10.72% 10.72% Ribs— Sept.11.15 11.17% 10.97% 11.02% Oct.11.17% 11.17% 11.00 11.05 Jan.10.20 10.22% 10.12% 10.15 St. Louis Produce St. Louis, August 9.—Flour steady. Hay strong. Receipts: Flour, 14,000; wheat, 198,000; corn, 37,000; oats, 94.000. Shipments: Flour, 10,000; wheat, 76,000; corn, 21,000; oats, 66,000. St. Louis Grain St. Louis, August 9.—Wheat, cash, closed: No. 2 red, 86%®87%c; No. 2 hard, 85%@90c. Corn, No. 2. 75%c; No. 2 white, 78%c. Oats, No. 2, 41@42c! No. 2 white, 43c. Wheat: Closed, September, 85%e; May, 9474c. Corn, September, 73%c; May, 70%c. Oats, September, 41 %c; May, 4?%c. Kansas City Grain Kansas City, August 9.—Wheat, cash, No. 2 hard, 81%®83c; No. 2 red, 83®84e. Corn, No. 2 mixed, 77%c; No. 2 white, 78%c. Oats, No. 2 white, 42%®'43%c; No. 2 mixed, 42%c. Close; Wheat, September, 89%c; December, 84%c, Corn, September, 74%c; December, 68%c. Liverpool Grain Liverpool, August 8.—Spot wheat steady; No. ] Manitoba, 7s 9%d; No. 2, 7s 674d; No. 3, 7s 2%d. Futures quiet; October, 7s ll%d; Docember, 7s l%d. Corn, spot steady. American mixed new. 6s 2d; American mixed, new, kiln dried, nominal; Ameri can, old, mixed, Cs «d; American mixed, old, via Galveston, 6s 3d. Futures easy. September, La Plata, 4s ll%d; October, La Plata, 6s %d. New Orleans Rice Market New Orleans, August 9.—Rice: Rough Honduras, very strong; Japan nominal; clean Honduras strong; Japan steady. Quote: Rough Honduras, 4.45® 4.80c; clean Honduras, 4%®0%c; Japan, 2%®3%c. Re ceipts, 2801; millers, 1482; clean, none. Sales: Rough Honduras, 1271 sacks new at 4.40®4.80c: Japan, 1238 at 2%@6%e; Ja pan, 300 at 3%c. DESERTED WYOMING TOWN Woman Only Survivor in Place Where Wister’s “Virginian” Met Trampas The romance of a deserted town came to light a few days ago, when Mrs. John West, aged 72 years, was found til in a shack a few miles from Medicine Bow, Wyo., and was taken to a Rawlings hos pital. where she is slowly dying. Mrs. West Is the sole survivor of the once flourishing town of Carbon, and, ac cording to the editor of the Medicine Bow Times, once a cowpuncher himself, was faced Trampas in a game of cards. When the Virginian who was the hero of Owen Wister's novel mixed the babies at the ranch dance not far from Carbon, says the New York Times. It is saicTby some that It Was In Car bon Hall, a large building which still remains standing, that the Virginian faced Trampas n a game of cards. When Tryampas called the Virginian a vile name the Virginian drew his pistol and laying It On the table sad: "When you call me that, smile." Back In the sixties, when the Union Pacific built Its first road across the con tinent and coal could not be had nearer than 1000 miles, It was know Vithut there were beds of coal at Carbon, and all haste was made to get the road com pleted to that point in order that the coal beds might be opened to commerce. Many adventurous spirits came with tho first settling of the country, which at that time was the home of the. Indian. While the sound of the hammer which drove the spikes along the railroad could still he heard, men. women and children appeared to take possession of the coun try. With the Increase of cattle and horses cowboys and ranchers increased, and the district became noted ‘for lawlessness. Many hoys who went from the east to seek their fortunes In this land died with their boots on. Meanwhile the country had been ex plored and new coal beds located at a glace afterward called Hanna. The I'nlon Pacific found It could straighten Its tracks bv way of Hanna. thereby shortening the distance between New York and San Francisco and saving val uable time. Carbon was not to be con sdiered when the Interests of the trav eling public were at stake. The tracks ’•ere taken up and Carbon was left to Its fate. / SHARP DECLINE IN COTTON MARKET Prices Sell Into New Low Ground for Movement. Close Steady New York. August 9.—Prospects for better weather In the southwest caused a shar.p decline in the cotton mar ket today with prices selling into new low ground for the movement. Cover ing ‘caused slight rallies in the late trading and the closing tone was steady but last prices were 13 to 20 points net lower. Local map readers noted the presence of a broadening low barometer over the southwest and private pre dictions of showers based on this de velopment were confirmed by the offi cial forecasts which called for unsettled and showery weather In west Texas, Oklahoma and Arkansas, with Increas ing cloudiness for east Texas. More over, heavy rains were reported In western Louisiana, whicli seemed to be pretty near the drouthy section, the map confirmed yesterday's private re ports of rain at Galveston and showers t|-ere shown at a couple of points in the Texas Panhandle. On the whole, con sequently, a more favorable opinion prevailed as to southwestern prospects and recent buyers on drouth and de terioration reports were credited with selling activity this month. The Liverpool market showed no spe cial feature, but the cables were a shade lower than due if anything, and tile local opening was steady at an ad vance of 6 points on August, but gen erally 6 to 8 points lower. Theye was some buying attributed to trade interest at the start as well as scattered covering- of the sort noted yesterday afternoon but the market quickly weakened and during the mid dle of the morning sold 13 points net lower on August and from 19 to 22 points below the closing figures of yes terday on new crop positions. Decem ber contracts touched 10.92c or a couple of points under the lower price of last Tuesday, while January broke to 10.91c. or even with the low level of last April, and the lowest price reached since that position sold at 11.67c during the middle of June. Realizing by re cent sellers was very heavy at the de cline but the market was nervous and unsettled durig the entire morning. _New York Cotton Futures Open. High. Low. Cl.Bd, August . 11.75 11.75 11.57 0767 September. 11.23 11.17 11.20 October . 11.13 11.13 10.^6 10.07 November.. 10.92 December .... 11.04 11.07 10.92 10.94 January* . 10.96 10.97 10.81 10.83 February_ 10.95 . 10.85 March . 11.04 11.05 10.92 10.93 May . 11.05 io.98 10.97 Port Cotton Movement Galveston: Quiet; middling, ll%c; net re ceipts, 661; gross receipts. 661; sales, 1070; sotck, 21,201; coastwise, 1373. New Orleans: Quiet; middling, ll%c; net receipts, 334; gross receipts, 334; sales, 12; stock, 9972; Great Britain, 600; Mexico, 500. Mobile: Quiet; middling, ll%c; net re ceipts, 5; gross receipts, 5; stock, 2126. Savannah: Steady; middling, ll%c; net receipts, 93; gross receipts, 93; sales, 100; stock, 16,913; coastwise, 50. Charleston: Nominal; net receipts, 1843. Wilmington: Nominal; stock, 9586. Norfolk: Steady; middling, 12c; net re ceipts, 194; gross receipts, 194; sales, 331; stock, 19,841; coastwise, 150. Baltimore: Nominal; stock, 3478. New York: Quiet; middling, 12c; net receipts, 9; gross receipts, 872; stock, 34, 242. Boston: Quiet; middling, 12c; gross re ceipts, 418; stock, 5656. Philadelphia: Steady; middling, 12.25c; stock, 833. Texas City: Stock, 559. Brunswick: Stock, 5471. Jacksonville: Stock, 380. Total today at all ports: Net, 1296; Great Britain, 600; Mexico, 600; stock, 141,925. Consolidated at all ports: Net, 1296; Great Britain, 600; Mexico, 500. Total since September 1 at all ports: *9, 812,518; Great Britain, 3,486,964; France, 964, 456; continent, 3,499,652; Japan, 384,857; Mex ico, 17,143. ^ •Corrected. Interior Cotton Movement Houston: Quiet; middling. ll«ic; not receipts, 2861; gross receipts. 2861; shipments, 2084! sales, 1905; stock, 27, 708. Augusta: Steady; middling, 12c; net receipts, 99; gross receipts, 99; ship ments, 327; sales, 27; stock. 9197. Memphis: Steady; middling, 1144c; net receipts, 8; gross receipts, 326; ship ments, 1124; sales, 375; stock, 16,181. St. Louis: Dull; middling, 12c; gross receipts, 100; shipments, 903; stock, 8682. Cincinnati: Net receipts, 175; gross receipts, 175; shipments, 450; sales, 400; stock. 23.198. Little Rook: Quiet; middling, H%o; net receipts, 6; gross receipts, 6; ship ments, 2; stock, 19,374. Greenville: Steady; middling, 12c. Totals today: Net receipts, 3149; gross receipts, 3567; shipments, 4890; sales, 2707; stock, 35,280. Liverpool Cotton Market Liverpool, August 9.—Cotton, spot dull and steady. Middling fair, 7.06d; good middling, tf.73d; middling, 6.46d; low mid dling, i6.26d; good ordinary, ?.54d; ordi nary, 5.40d. Sales 3000, including 2400 American and 200 for speculation and ex port. Receipts 4000, including 2600 Amer ican. Futuies closed quiet. August, G.19d; August-September, 0.l2d; Septembcr-Octo ber, 6.03d; October-November, 6.99d; Nov ember December, 5.94d; December-Jan uary, 5.94d; January-Februay, 5.95d; Feb ruary-March, 5.90V£d, March-April, 5.98d; April-May, 5 99d; May-June, 6d; June July, 6d; July-August, 6.99y*d. Weekly Cotton Review New York. August 8 —The cotton mar ket has shown continued nervousness and irregularity during the past week. The advance on the government crop report, of last Friday was made then lost on reports of rain In the southwest over Sunday, but the weekly weather report of Tuesday claimed that both Texas and Oklahoma were still drouthy and price* have since recovered part of their loss. Business, however, has remained very quiet. There have been southern selling here, supposedly against the new crop, hut offerings or this sort have been In no great volume. On the other hand, while spinners are credited with buying moderately against forward needs, their demand has appeared more in evidence on declines to around or below the U-cent level, than on advances. Meanwhile speculative interests re mains comparatively small, and nervous ness over reported drouth or heat damage to southwest crops appears to have ore ad tel no aggressive or general demand. Most of the opinions expressed around the ring have, in fact, suggested a con tinued bearish/ average of sentiment, either on a theory that the. crop Is doing well enough In the eastern belt to ofset western belt deterioration, or on the ground that regardless of ultimate crop and requirements, the euriy movement of new cotton is likely to prove a depressing factor. Bearlshly disposed operators point to political complications In China as limiting the demand from the far east, labor troubles in Spain, continued legislative uncertainty in this countty and * generally unsettled financial situation UNFILLED TONNAGE Bank Statement Throws Lit tle Light on the Week’s Monetary Operations New York, August 9.—The two hour session of the stock market today was devoid of developments. Reports from trade authorities Indicated continued ir regularity in various lines of business, varied greatly and thereby an underlying feeling of optimism. A few noteworthy railroad returns were submitted, especially that of the Krl 3, for the fiscal year, its net income increas ing by over *4,000,000, with a surplus gain of *3,900,000. Wabash reported a new in crease for the year of $1,850,000. From the sluggish movement of leading stocks, mainly downwards, It was inferred that more sober consideration of yester day's crop report, with Its brilliant prom ise for wheat, did not altogether allay alarm for other staples, although grangers were singularly Inactive. Harriman shares shares were under steady pressure, likewise Reading and Smelting, while specialties like International Paper pre ferred, Vlrginia-Carolina preferred, Mexi can Petroleum and American Express fell 1 to 2 points. Unfilled tonnage figures for July as sub mitted by the United States Steel corpor ation after the close of the market showed a decrease of practically 408,000 tons and marked the seventh successive monthly reduction this year. The volume of busi ness reported today—5,389,356 tons—Is over 500.000.000 tons less than that of a year ago. The bank statement threw little light on the week's monetary operations, actual loans increasing *5.640,000, while the cash gain of *1,157,000 was below most esti mates. Bonds were Irregular. Government is sues advanced from >4 to 1 per cent on call on the week. Total sales, par value, were *532,000. Ur Octagon7 I.ord Derby Is busy arranging the de tails of the visit that KKIng George and Queen Mary are to pay to some of the Lancashire towns next month. These progresses are, from the royal ties’ point of view, rather monotonous, and their majesties will probably be thankful when they get to the end of their eight days of receiving addresses, making speeches and examining factories. . Occasionally royal progresses are bright ened by little Incidents that occur by the way. Dor Instance, during their tour last April tho King was watching a clever workman making some special kind of pottery, and he asked a number of ques tions about the work. "I suppose you make these vases In various shapes?" he Inquired. "Yes, your majesty," answered the pot ter, rather flustered by the amount of royal attention he was attracting: "ws makes 'em in round, square and oxy gen.” Is likely to operate against a ready ab sorption of early new crop receipts and predict that spinners will buy sparingly until the stability of holders has been thoroughly tested. These views, according to local bulls, may not take sufficiently into considera tion reduced old crop supplies, peace in the Balkans, the comparatively lotv gov ernment reports so far issued, and the Increasing financial independence of tho south, as an aid to slow marketing, while towurd the end of the week the continued dry, hot Weather In Texas Beemed to he attracting increased attention. Weekly Cotton Review New Orleans, August 9.—The net change in prices as the result of the week’s trad ing in cotton was a decline of 15 to 16 points. The high prices of the wc-’t were made on Thursday and the low prices on Saturday. At the highest the trading months, were 3 to 5 points over last week's close; at the lowest they were 19 to 20 points under. The range was 22 to 25 points. The market fell off at the week end on hope of rain In the western belt over Sunday. It was a weather market the week through, with the drouth in Texas and Oklahoma the main sustaining in fluence. Both states sent In alarming re ports of deterioration as the result of the dry, hot weather that has been prevail ing over a wide and important cotton producing area for some time. Reports from the eastern belt were most encour aging and indicated that the crop wa3 doing well under copious rains. These accounts, In some measure, balanced the unfavorable reports from the western belt. The market was held down merely by the Inck of buying power, Houses that make a specialty o fit edge trading claimed that they were doing neoR to no business Speculation for the rise was absent and moderate selling served to hold the mar ket down. On the whole, It was h dull week with every Entail volume of business transacted. In the spot department prices lost 1-8 of ft cent, middling closing at 11 7-8. ugulnst 12 cents last week and 12 3-8 this week last year. Sales on the spot amounted to 288 hales against 60! last week and 447 tills week last year. Kales to arrive amounted to 117 bales, against 311 last week and 48 tills week last year. Dry Goods New York. August 9.—Cotton goods trading Is steady, but of light volume for contract delivery. Jobbers had a good week, retailers showing a conservative buying disposition, but being compelled! by their light stocks to operate in all departments. Linens are firm. Burlaps are very s.tlff and Jute Is quoted ut high wuter mark. Hubbard Bros. & Cos Letter New York, August 9—(Special.)—Liver pool only partially responded to our vance here and on the publication lif the weather map the trude assumed that there would be. predictions of ut least showers by the government today. On tills belief, which proved true, for Oklahoma and Arkansas, tho market sold off some 20 points. The temper of the trade Is more bearish than ever. They believe there will lie no Investment demand to meet the coming receipts and that spinners will therefore buy only slowly on a declining market. There is no change In the temper of the market from the view the traders have held for the past eight months and which Is Increased by the situation in Washing ton. Meanwhile the consumption Is the largest on record and supplies are at a low point, so we need a large crop. MONEY IN WHEAT $10.00 Buys Puts or Calls on 10.000 bushels of wheat. No Portlier Risk, \ movement of 5c from price gives yru chance to take $500.00; 4c $400.00; 3c $300.00, etc Write for particulars THE CENTRAL STOCK A GRAIN CO Park nid(„ Cleveland. O. SMALL OFFERINGS FRDMBEAR SIDE Bulls Make No Effort to Support Market — Dry Weather in Southwest New Orleans, August 9.—The week end session in the cotton market saw price* go perilously near to the lowest levels jf this session on short selling, encouraged by the hope of rains in the western belt over Sunday. Bulls made no effort to sup port the market and values fell away under moderate offerings from the bear side. The only support came from aelleia of tiie earlier part of the week, who wanted their profits over the week end. At the opening the tone was steady and ! prices were G to 8»points down o/i poor ca bles and cloudy weather over the belt, with rains indicated in the central portion.; which bears consider were apt to extend westward. The forecast of cloudy and un settled weather for the westdHi belt and a storm warning for the Texas coast as the result of a disturbance to the north west of the cotton rt?gion, increased of ferings and the market gradually fell off until, late In the morning, the trading months were 1C to 17 points under the last quotations of yesterday. The market closed barely steady at a net loss of 10 to 13 points. Official weather reports noted generally dry and hot weather over Texas and Okla homa, and crop accounts from those two states were discouraging, but neither of these features stimulated buying. Bull* allowed the market to taka care of itself. New Orleans Cotton Futures Open. High. Low. Cl.Bd. August i »r... n.40 i\~\T) ii.31 rnn» September ... 11.12 11.0* October . 11.10 11.12 11.00 11.05 December_ 11.08 11.10 10.08 10.05* January . 11.09 11.10 11.00 11.03 March. 11.18 11.20 11.10 11.13 May . 11.28 11,23 New Orleans. August 9.—Spot cotton un changed, easy; middling, llftc. Sales, spot, 12 bales; to arrive, none. Low ordinary, nominal; ordinary, 9 G-KJc nominal; good ordinary, 1015-ltc; strict good ordi nary, 11 8-ltic; low middling, 11 7-16c; strict low noddling. 11 ll-16c; middling. ItTfco; strict middling, 12 3-ltic: good middling, 12?c; strict good middling, 12 9-ltfc; mid dling fair, 13c nominal; middling fair to fair, 13?c nominal; fair, 13%c. Receipts, 334; stock, 19,972. When Young Hostesses Talk From the St. Louis Republic. The charming young hostess arises and, bowing, says: "As I explained privately to a few of you ladles before the rest arrived, it I* too bad that Miss Jones, who was to come from Boston, to sing for us. will not be with us this afternoon.” (And then sweetly smiling:) “But we must make the most of our disappointments, so I have asked Miss Smith to give us a selection on the piano.’* HOTELS anp summer resorts Home Comforts I in Cool Chicago | Bee the City's fine boulevard*, beautiful parks and other attraction*. Enjoy Lake Michigan bathing beach. Come to the PLAZA -one of the largest hlgh-cla*a hotels, lloom wit!i prlvutn hath and plume. 91.50 to 94.00 per day: weekly 90.00 ami up; RiiltcR weekly 115.00 and up. 000 rooms. Near the lake. Fact)*city's most beautlfm park. famouH for Its lagoon*, tennis courts,Horticultural displays and wonderful Zoological garden. Excellent cafe, reason able price*. 12 minutes to theatre and shop* mmLots ping district. Write for booklet. Plaza Hotel ^WorthjRv»^ajtorlJ^larj^8C^hlojiioJ| RESORTS—ATLANTIC CITY MOTEL OSTEND \ ATLANTIC CrrY, N. J. “Where the Curl Singe You to Sleep” g ! Right at Chelsea's fashionable bathing beach. Here you find rest In abundance. The ocean roil# and surge* right up to and under the Ivotel pin/a. Its nutate Is gcau<I and soothing. Distinctly, tit© OHTE.NI> has tlte finest location on tlnj beach. Within eaay walking dials nee and roller chair ride a to the c enter of life aud gaiety for which Atlantic City la famous. The hotel la equipped with ererythlng nee* e«Fary for human comfort and caters to the best patronage. All baths, prlwite and public, hare hot nn«l cold running, fresh aud sea water. When the temperature is highest and cities hot And grimy, the OSTEND is the coolest aud iuo»t comfortable hotel In Atlantic City. Room* large, airy and 95 per cent of them overlook the nceau. Special rates to single men. Rates ore reasonable. Write for booklet niul reset-ration. DAVID P. RANTER. Proprietor and Manager | HOTEL OSTEND. ATLANTIC CITY. N. J. jj RESORTS. W. VA. WHITE SULPHUR SPRINGS W«*T VtROINI*. -^LSSaWl^.as-sSK • Motor!nf, I-lahiQtf, Suuniting. I)anc ,d&* I’WiBiornijidoaatklraaai uturruft f. ADAMS, I The present hotel Is now open, the new 31.00(^000 Greenbrier opens Oct. l. OTTO MARX & CO. BANKERS Money to loan on improved business and resi dence property, at 5, 5y2 and 6 per cent.