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THE OMAHA SUNDAY BEE: JULY 2, 1011.
GRAIN AND PRODUCE MARKET Adrance in Wheat Checked by Ar rival of Winter Prodnct. SHARP ADVANCES MAY RESULT WMt Baled Flrsa la Sympathy with tha Strength la Cora Marias Good oa Fear of Ikt Ills Trmpnlimt OMAHA. July 1, 1911. The early arrival! of new wheat and heavy purchase to arrive coupled with re ports of better yields than was expected In the winter wheat harvest were the bearish li utures thst checked the advance la heat. ' bulls predicted a return of the hJt eat her complaints from the northwest and weather conditions there will be a price, Urtor for the pr-sent. Bull no rain over the west and southwest rorn states and early dispatches showed high temperatures, which caused a renewal f the excited buying of corn futures, each lay of extreme heat adding to the possible damage to the growing crop, and sharp advances In prices will result. Wheat ruled firm and higher In sympathy with the strength In corn. Buying was of good class on fears of high temperatures. C'ah wheat was unchanged. The corn market was wild and excite ment run high, owing to the continued hot, dry weather. Cash corn waaH8-aC higher. Primary wheat receipts were 716,000 btish la and shipments were 28.000 bushels, against receipts last yesrif no receipts or shipments on account of holiday. Primary corn receipts were 444,000 bushels and shipments were 1.030,000 bushels, against no receipts or shipments last year on account of holiday. Clearances were 229,000 bushels of corn, 1.000 bushels of oats and wheat and flour equal to 200,000 bushels. Liverpool cloeed iA higher on wheat tnd MiSd higher on corn. The following rash sales were reported: WHEAT No. 1 hard: t oars, Soo; 1 car, I4C. CORN-No. I white: 1 car, 69e. No. I white: 1 car, 61c. No. I yellow: 1 cars, 6Rc. No. 4 .yellow: , ,1. car, tVc. . No S mixed: t cars, 68'ac No. 4 mixed:. 1 car, 67Wo- OATS-No. 2 white: 1 car, 44c. No. I white. 1 car, 43Hc; 1 car. 434o. No. 4 white: 1 car, 43c. No grade: 1 car, 43c. Omaha Casa Prices. WHEAT No. t hard, 8IWS7HC; No. S hard, 8&8c; No. 4 hard, 7Mi CI He ; rejected, hard. fHWjTHc; No. I sprlnc. 85S8c; No. I spring, l3V86c; No. 2 durum, H2i83Vc; No. 8 durum, 814iH2o. CORN No. I white, 6f4Wc; No. I white, tOTj'JrfiBc: No. 4 white. 584i08Hc; No. i color, M'i8Vc: No. 1 yellow, .SH-VSoi"; No. yellow, 68H'&Sic: No. '4 yellow, S7H6ic; No. 2, &8tto.si;: No. 3, Mtf MWc; No, 4, 67ir58c; no grade. Mtc OATS No. 2 white, 434?44e: standard, l.Mt43c; No. I white. 42'-Mi4S14o; No. 4 white. 42Wc; No. I yellow. 42ViM3o; No. I yellow, 41&42o. DARLEY-No. 3, 7784c; No. 4, 7282c; No. 1 feed. 6747770; rejected. 62g72e. RYE No. 2. 831 S5o; No. 8. 81;3c. Cev(tx aUMMIsjte. ' Wheat, Corn. Oats. Chicago 35 751 130 Minneapolis 224 ... Omaha , 16 44 23 Duluth 34 CHICAGO GRAIN AND PROVISIONS Kea tares of the Trading- aad Closing Prices oa Board of Trade. CHICAGO. July 1. Hot weather today raised the price of every staple on 'change. The wheat market In particular was af fected by apprehension regarding what might happen to the growing spring crop northwent. In consequence, ciosinx fig ures were rvc to So higher than last night. ,Corn made a net gam of He to '( ic, oats, 4c to VtC and hog products, 2c to S2V4C. There were many reports that the area of damage to wheat in North Dakota was preadlng. Other dispatches told of ex tremely higher temperatures all over the northwest and declared that the crop In South Dakota was almost a failure. A trip in southwestern Minnesota appeared to be a little, It any, belter. Inn- uuils also had in their favor the fact that de liveries were unusually small, only 16.000 bushels, instead of 2.000,000 bushels, as pre dicted. A decrease In local stocks -at Liver pool helped to make hull sentiment and so did less favorable crop advice from Rus sia. Not all of the advance score was hold, but the closing tone was firm. September ranged from WHc to Wto'and in the end was H6,l4c up at Wo even. The corn crowd paid mom attention to as sertions that their pet cereal had suffered In Kansas from firing. September fluctu ated between 61 VtC and 62Vto. cloning steady at 83o, a net rise of KiV"c Cash grades were firm. No. 2 yellow finished at 08 tj0c. Profit taking acted as a drag in oats. High and low points for September were 44o and 44V4C with the close Vo net higher at 44 V 440. Provisions swung upward because of heat lifting the price of corn. At the Jast bell pork had become more expensive' . by 86o to 32 Vic, lard was 2Vfcc to 6a dearer, and, ribs were inoreaaed In cost 12ViO to 16c. trices In cmcsvso, iurmheu u Up dike Orain company, 70s brandels building, Omaha: telephone Douglas 2473: Artleies. Open. Hlgh.j Low. Close. ies y Wheat I July...l89H4 Bepi...9':i0 Deo...WVia Corn I July...69H'9'l,f 8ept..lVS'!i,! Deo...00H'olj 89 93 WVil 96Sf 89 2Vk 2l Uii, B9 60! 6S" WV 61S Wv 4SVif 43 434 44V4 ttVi&Sli'tl-H 461 46 40V 15 S24 16 65 IS 40 16 62 16 S7H 16 66 27H 8 27V4 8 22H 7V 8 40 8 87 i 8 47V4 8 83 ' 60 6 60 8 474 6W! 82 SIV July... Sept... Deo... Pork July... Bept... Lard-July... 4SH 44 UWi 44i 4tVlH 46 15 36 15 65 16 52Vi 16 86 I ni S 27Va $ 40 8 42 42V4 8 60 l-62Vi 62Vi Sept... Ribs July.. Sept.. Cash quotations were as follows: FLOUR Steady; winter patents, 34.00 4-45; winter straights, 33.7in4.26; spring Straight. $4.004. 2i; bakers, 83.40(0-4.60. RYE No. 8. sic. BARLEY Feed or mixing, 7&fi85c; fair to choice malting, 31.00yl.lD. SEEDS Flax No. 1 southwestern, nom inal; No. I northwestern, nominal. Timothy. 8.iM!iH.76. Clover. 3ie.26. PROVISIONS Mens pork, per bbl., 815.75- ira, pej KM IDS., zs.TTVt. Short ribs, sides (loose). 87.?5(fj.50. Short clear ides (boxed), 3s.26ftjK.60. Total clearances of wheat and flour were qua! to 200,000 bu. Primary receipts were 716,000 bu., compared with a holiday the corresponding day a year ago. Estimated receipts for tomorrow: Wheat, 36 cars; rorn, 341 cars; uata, 107 cars; hogs, 32,000 head. Chicago Cash Prices Wheat: No. 2 red fc8y UeV; No. 3 red. WiVs-VM":; No. 2 hard' SKWiKilo; No. 3 hard. 87 ttiutWc : No. 1 r,. , era spring, 96SpNic; No. 3 northern spring a4e. Com: No. 8 cah. 61HjUo; No J cash, 6tpWo; No. 2 white, 6ay0c; No 3 wbiii, unswwTru, no, yeiiow, bsViuOOc' No. 3 yellow. 6W6!)Vc. Oats: No. i h,.' 46Vo; No. 8 white. 43,44Vo; No. 4 while' JnfcMVjo; standard, 44a4a ' BUTTER No afficlal quotations Satur- oayn aurins uir anu August. KOQS Not quoted: reoe uta. lO fltfi CHEESE Bteadv; daUles, U3uue: twins. ii'Ui-"c; young Ameri-ar, 12o: lone pt)TAToES Easy; old. 31.10W1.15: n.. 84"t4 60. POL'LTRT Weak; turkeys, 12c; chickens list's, llVtc; rprings. 17c. ' VKAL Stesdy; 60 1o fO lb.. 8'ctJc; 60 to 85 lbs.. 9Vil0c; 86 to 110 Iba. 11c. Chicago Receipts Today : Wheat, 36 cars' oorn. 2&1 cars; oats, 110 cars. Estimated to day: Wheat, 36 cars; corn. 241 cars; oats, lo? cars. St. Louis General Market. ST. LOUIS, Mo., July l.-WHEAT Cash, lower; track: No. 3 red, 8j37c; No. 3 hard k'Ulc. Futures, weak; July, 6ic; Sep tember. 87e. CORN Higher ti-sck: No. 2. Cl(9G2c; No. I white. 61Vtnv:c; July. 60-c. OATS Steady ; track: No. 2. 44c; No. 2 White. 46Vc; July. 43'ac. RYE Lower; 92c. FLOUR Firm: red winter patents, 34 25 94.40; extra fancy and straight, 33.60jj4.2O; hard winter clears, $2.Vr)S.00. SEED Tlmothv. 8.0uu9.6u, CORN M EAL $2.60. BRAN Wsak; sacked, east track, SScff fl.06. WAY Market firm; timothy, $19.00tf25.00; prairie. Ili tMu 1S.00. PROVISIONS pork, unchanged; Jobbing. $14 00. Lard, unchanged; prime steam, 83. lu 8.20. Dry salt meats, unchanged; boxed, extra shorts. KfciV,; clear ribs. $8.ti2Vi; short clears. 8900. Bacon, unchanged; boxed, ex tra shorts. 89 C!V; clear ribs. 39 2V; short clears, $1" 00. BUTTKR Firm; creamery. 19i&aV4c PoLLIKir J-lrm; cniukeus, luc; sirlogs. irHo"ir: turkeys, UHgiSVtc; ducks. c; geese. Sc. Receipts. Shipments. 7.) 61f"J m.(o 7.o"o X2.00 3fi.O) 60.000 66,0110 Flour, bhls Wheat, bu Corn, bu Oats, bu NEW YORK GENERAL MARKET Qaotatloas of tho Day oa Varloae Cosaxaodltlea. NEW YORK. July 1 FlOT'R Blesdy; spring patents, $4 f"ii5 16; winter straights, l.i OWi-4.10 winter patents, 84.204i4.M; r. ring clrais, 83.7644.10; winter extras No. 1, 83.3a j3.Sii; winter extras- No. 2. 83. 1.3.26 ; Kan eas etralghta. 84.1iv,,4 26. Rye flour, steady; fair to good, 1600$. 20, choice to fancy, 86.30 tlfi 40. CORNMEAD Firm; fine white and yel low, l.AKUl io; coarse, 8116(8.20; kiln dried, 83.30. WHEAT Spot market bsrely stesdy; No. 2 red, HU,r, elevator, and 4jc, f. o. b. afloat. No. 1 northern Duluth, 8105. f. o. b. afloat. Futures market covering for the holidays for the unfavorable crop news from the northwest kept wheat firm today and It closed partly lc net hlghr. July closed at 91V:, beptember at 96So and December at 98e. CORN Hpot market firm; ejeport, new No. 2, 664r, f. o. b. afloat. Futures mar ket was strong and lo higher on bullish crop news. July otosed at 4c, Beptember at w'.c and December at 68Vc. OATS ripot market steady; standard white, 60c; No. 2, 60c; No. 8. 4Hc. Futures market was without transactions, closing nominal. , HAY-Bteady; prime, 81 40; No. 1. 8186; No. 2, 21 . 16(81.20; No. 8, Rb&Wc. HIDES viulet; Central America, TOc; Bogota, 21V4Q'224o. DUATH< Firm; hemlock firsts. 24VW9 27c; seconds, 22(2Vc; thirds, lit'Mc; re jects. 144J1&C PROVISIONS Pork, steady; mess, 817.60 eil8.00; family, 818.00(31.M; short clears, 316.76il7.H). Heef. steady; mess, 811 009 8)1.60; family, 812.004jl2.6O; beef hams. 827.60 (729 60. Cut meats, firm: pickled bellies, 10 to 14 lbs., 81OOO13.00; pickled bams. 114 00. Lard, firm; middle west prime, 88.26i88.46; refined, firm; continent, 88.70; South Amer ica, S.66; compound, 87.2VviJ7.871-k. TAUDOW Steady; prime city, hhds.. 6c; country, 6Vxdc BUTTER Steady ; creamery specials, 26c; creamery extras, 24c; creamery firsts, 21 H 02c; creamery seconds, 201j;21o; creamery thirds, 181e; process specials, 20Hc; preo m extras. 20c; process firsts, lHuln; prccens seconds, 1717 He; factory thirds, 16Hfil4c. KOQS Steady; fresh gathered, extra, 20 922c; fresh gathered extras, firsts, 17018c; trenh gathered firsts, 16tfli)o; fresh gath ered thirds and poorer, 12c; fresh gath ered dirties. No. 1, 1212V4j0. POULTRY A live quiet; western spring chickens, 23c; fowls, HVjjJlSc; turkeys, lie Drersed. stesdy; western broilers, 16 (g 26c; fowls, UVitfUc; turkeys, lSU16c. OMAHA USNERAt. MARKET. BUTTER Creamery, No. X, delivered to the retail traus In 1-lb. cartons. 26c; No. 2, In 30-lb. tuba, 23c; No. 2, In 1-lb. cartona, 3c; packing stock.- solid pack, lCVsc; dairy. In 00-1 b. tubs, 19( 20c; market changes every Tuesday. CHEESE Twins, 14Vic; young Americas, 17c; daisies, 16c; triplets, 16c; limberger, ttic; No. 1 brick, 16c; Imported Swiss, 32c; domestic Swiss. 20c; block Swiss, 18c. POULTRY Broilers, 83c per lb.; hens, 13 Vic; jweka, 9c; ducks, 20c; spring ducks, 2c; geese, 16c; turkeys, 24c; pigeons, per Uos., 81-60. Alive: Broilers, 20c; smooth legs, 17c; hens, 10c; old roostsrs, 6c; old ducks, full feathered, 10c; geese, full fea thered, 6c; turkeya, 12V4c; guinea fowls, 16c each; pigeons, per dos., 60c; homers, per dux., 83.0u; squabs. No. 1, per dos., $1.60; No. 2, per doz., 60c; hen turkeys, 16c f FISH tall froxen) Pickerel. lOo; white, 16c; pike, 14c; trout, lib; targe crappies, Wy'Mc; Spanish mackerel, 19o; eel, 18c; had dock, 13c; flounders, i3c; green catfish. 10c; roe shad, 90 each; shad roe. per pair, 40c; frog legs, per dos., 36c&43.00; salmon, 10c; halibut, u; yellow perch, 8c; buffalo, ic; bullheads, 14. BEE?-CUTS Ribs: No. 1, lie; No. 2, 12c; No. 3. 10-c. Loin: No. 1, 16c; No. s. 12c; No. 8, 13c. Chuck: No. 1, tic; No. 2, 6Vc; No. 8, 6c. Round: No, L lOc: No. 2, luc; No. 8, 9VaO. Plate: No. 1. c; No. 2, 4V4c; No. 1. 40. FRUITS Apricots: California, por crate, $2.M. Bananas: Fancy select, per bunch, 82.2602.60; Jumbo, per bunch, 82.76(93.76. Cherries: Home grown, per 24-qt. case, ILJi iji.iiO. Cantaloupes: California, standard, 46 count. 83.o0'a3.26 per crate; pony crate, 64 count, 82.6uvj2.70. Dates: Anchor brand, new, 30-lb. nkgs. In bozos, per box. 32.00. Gooseberries: Horns grown, per 24-qt. mm .60. Lemons: Lltuonolra brand, extra lancy, 300 size, per box, 87.60; 3t0 else, per box, 8S.00; Loma Llnwnelra, fanoy, 3W lie, per box, $7,001 30 size, per box; 87.60; 24U sizes, ooo per bos ess; Cymbal brand, m-'JM alzes, per box, $.757.O0. Oranges: Cornelia Kedlands Valenclas, all eises, per box. 44.00; fsncy Valenclas. 80-90-136 sizes. $3.76. California Jaffa and Mediterranean sweet oranges, 176 and smaller slses, per box, $3.60. Peaches: California, per box, $1.60. Plums: California, per crate, 8I.De pineapples: Florida, 24-80-86-42-48 slses, per crats, 83.26. Red Currant: Par 24-qt. case, 62.60. Strawberries: Hood River, per 24-qt, case, 84.00. Watermelons: Texss, per lb., to. VEUKTAJiLiaj-OMiui Hiring and wax, per hamper, 82.60; per mkt. bk.. eoc(3Loa. Cabbage: Home grown, per lb., 6c. Cuoum- bers; Hot house, m ana i aos. in box, per box. 31.76ig2.0O; home grown, per mkt. h.k of about 2 dos., 2160. Egg Plant: Fancy rionaa, par uus., ti.v.w. uaruc: isxtra fancy, white, per lb., Uo. Lettuce: Extra fancy leaf, per dos., ftc. Tomatoes: -Texas, psr 4-bsk. crate, 90c(LO0. Radlsheav Per dos., SOc. Onions: Texas Bermuda, white, Kr crate, 82.26; yellow, per .crate, 83.00. irsley: Fancy home grown, per dos., bunohes, 46c. Potatoes: Wisconsin, while stock, per bu., $L36L50; new, stock In sucks, per bu., $2.00. MISCELLANEOUS Almonds: i-alirnenl soft shell, per lb., 18c; In sack lots, lo less. Brazil jnuis: ror id., mo; in sack lots, la leer. Filberts: Per lb.. 14c; In sack lots, lo leaq. Peanuts: Roasted, per lb.. 8c: raw per lb., Vc. Pecans: Large, per lb., 16c; In kack lots, lo less. Walnuts: California, per iv , uc; in suck iois, ia less, tioney: Mew. t'. frames, 83.76. . Cora and Wheat Regloa Dallotla. Record for the twenty-four hours andlns at 8 a. m. Saturday, July L 1811: OMAHA DISTRICT. Temp. Ral te stations. Max. Mln. fall. f:kr. Ashland. Neb;...K'2 77 .00 Clear Auburn. Neb 101 75 .00 Clear Columbus. Neb.. 98 75 .00 Cler Culbertson, Neb. 100 68 .00 Clear rairbury. Neb.. .108 76 .00 -Clear Fairmont, Neb. .100 76 .00 Clear Or. Island, Neb.. 101 77 .00 Clear Hartlngton. Neb. 98 7! .00 Clear Hastings, Neb... 99 76 .00 Clear Holdrege, Neb... 9 75 .00 Clear Lincoln. Neb 100 79 .00 Clear No. Platte. Neb. 96 74 .00 Pt. cloudy Oakdale. Neh.... 98 74 .00 Clear Omaha. Neb 99 DO .00 Clear Tekamah. Neb.. .102 6!) .00 Clear Valentine. Ncb.XiO 72 .12 Pt. cloudy Sioux City, la.. 98 71 .09 Clear Alta. Ia 9 74 .00 Clear Carroll, Ia 98 74 .00 Clear Clarlnda. Ia 98 71 .0 Clear Sibley. Ia 97 78 .00 Clear Minimum temperature for twelve-hour period ending at 8 a. in. DISTRICT AVERAGE. No. ot Temp. Rain Dlitilct. Stations. Max, Mln. fall. Columbus. 0 17 86 6) .no Louisville, KV 2J 90 62 00 Indlanapolla. Ind.. 11 90 64 . 00 Chicago. Ill 25 96 68 .00 St. Louis. Mo 26 98 70 .00 !' Moines. Is.... 21 98 74 .00 Minneapolis, Minn. 30 94 73 J.M Kansas Cltv. Mo.. 24 98 74 .00 Omaha. Neb ; 18 10) 78 .10 The weather continues very warm throughout the corn and wheat region and temperatures of 100 above were general In the western districts durins- the last tw.n. ty-four hours. A rainfall of 1.80 inches oc curred at Pembina. N. D.. and some light and scattered showers occurred at points In the extreme upper Missouri valley. L, A. WEIJH, Local Forecaster. Weatnar Bureau. . Minneapolis Grata Market. MINNEAPOLIS, July 1. WH EAT July, iSc; September, 9tiHe; December, 97Vt le; No. 1 hard, 9Sto: No. 1 northern, 97V4 ttSa; No. 3 northern, 93V39irtc; No. 3. FLAX Closed. $2.05. HA RLE Y 6r9?c. CORN No. 8 yellow, 60ffOOUo. OATS No, 3 white. 42Vrii43c. RYE No. 3. SSc. . P RAN $19.00 19.56. FLOUR First patents. $5.0056.20: second second clears, $2.3652.60. Liverpool Grata Market. 'LIVERPOOL July 1 -WHKAT-Kpot. stesdy; No. 1 Manitoba, 7s 6d; No. 2 Mani toba. 7s 4.1 ; No. $ Mn toba. 7s lVd- fu tuies firm; Julv. 6 1V1; Oc ober. 6s 'aid December, 6s 84. ' CORN Spot nrm; new American, no tick; old American, mixed, 6s 4 VI; nw Anurican, kiln dried. 4s lid; futures firm July, 4s lVvd; September, 6s 2d. ' Dalath Grata Market. DULUTH. Julv 1. WHEAT No. 1 north, ern, 97V.C No. 2 northern, 94V.tcWVc; July S;VhC bid: BeptemtMtr, 87 0 asked. OATi t20. NEW YORK STOCKS AND BONDS Investment Business Quiet, but More Activity ii Expected Soon. CHOP SITUATION IS FAVORABLE pecnlatloa Corned la Moat Dlreetlone bat Statistics Reflect Splendid Con dition, with a Record Volasao of Export Baslaeae. NEW YORK, July 1. (Special Telegram.) The Union I'sdflo decision lost moat of Its Influence this week as a stimulating lector in the stock market and there was some reaction from the high point made on the court's ruling under a spell of rather liberal profit taking. The snarp advance that followed the decision made an excel lent basis on which to unload stocks that had been waiting for a good market. AS time wore on It was plainly developed that leading Interests were not disposed to start a regular bull campaign until the outturn of the harvests were better de fined. This caused speculation to drift Into a narrow and professional rut with rapid changes, chiefly within clrcumschlbed lim its. However, the market showed a good undertone, with the average prices Dttle changed from a week ago. Investment business has been rather quiet, but more activity Is expected with the large July outpouring of interest and dividend money. The crop situation, as a whole, was more favorable than last week, and this was an Inspiration In mercantile circles where the outlook for tho harvests Is regarded as warranting active prepara tions for the future. If Congrens Wonld Adjoara. Some of the most prominent merchants In the uptown districts this week ex pressed the opinion that if congress could be Induced to adjourn there would be a prompt revival of prosperity, which might drift Into a trade boom before another session would convene. The basts for this opinion Is the fact that the stocks of mer chandise of all kinds are unuaually light, and anything like a return to a normal de mand for consumption would Immediately start up the many Idle spinners ol New England and the south, thus giving em ployment to numerous wage earners now out of work and in every way benefitting the general situation. Speculation has been curbed In most di rections. The banking Institutions of the nation are In a very strong position and the statistics of the fiscal year Just closed when made up will reflect a splendid condi tion of external commerce as a whole, with a record volume of exports. Cotton and railroad and other corporation bonds have been largely responsible for the remarkably favorable situation ol our foreign com merce. Cottoa and Bonds. For the fiscal year the exports of cotton have reached the money value of SOO.ooo.OOo and Europe in the last six months has taken over $300,000,000 of American bonds. Thus the southern staple and bonds have been responsible for practically 81.000,000,X) of American credits abroad. This large volume of credits has prevented exports of gold, which were over 880,000,000 In the pre vious fiscal year, and which then led up to high money rates when the movement was in i active progress. The Importance of this change In the commercial relations of the country with foreign nations Is readily appreciated by bankers and merchants who are now looking to the future with blighter hopes. In the Industrial world the most cheerful Incident of the week was the further pur chases of steel products by the railroads. The dally bookings of the United States Steel corporation rose above 30.000 tons and the mills are now working over 70 per cent of finished capacity, a gain of 8 per cent in two weeks. This Improvement In the condition of the country's baalo Industry was natucally viewed with much satisfaction In all di rections. ' Report oa Idle Cars. The dlrc'osure made by Herbert D. Knox Pniitn In his report on the Un.tcd btatej Steel corporation to the effect that l'ss than half of the total capitalisation of the concern represented Its tangible property had absolutely no effect on the stock mir ket today except to cause some scattered buying of Steel after the opening. This buying Instead of selling on the report the government probably did not expect. The street figured, however, that now that Steel had been "exposed" there was no further need of apprehension. This buy ing in Steel sent the price above 79, from which It reacted later to around yesterday's closing. Tne Erie Issues continued to ad vance on the report that the road was to be affiliated with Canadian Pao flo. A dis patch from Montreal today lendi plaufl b.Tty to the report. -Neither the advance In Bteel, however, nor the continued strength of Erie Issues had any effect on the rtst of the 1st. At tendance on the floor of tho exchange wai light and trading took on a holiday ap pearance. Erie reacted later on profit taking, but the closing was firm. The fortnightly Idle car report shows a decrease In the total surplus of 3,072 oars. The surplus is now 168.170, compared wtth 166.802 June 7 and 167,388 on May 24. Re ports of gross earnings for the last week or two show a more perceptible decrease, as compared with a year ago, than the gross of previous weeks, but the fact that the crops will soon begin to move Is as surance of a turn for the better. Nuuibsr of sales and leading quotations cn stocks wore as follows: sates. Hlsh. Low. Close. AlHe-Chalnnra pfA .. Amalaamatad Copper 03 NT, . MV, 4W, 61 61 10 MM H 26 V 12V, U lev, TH ltNV, American Agricultural . . . . American Boot Sugar. ...... 00 100 100 61V, 13H MS, M Amort can Caa , Amarloaa C. F American Cottoa Oil American H. A L. pfd.... Am. Ico securities , American Llneoed American Locomotive ...... American 6. A R. , Amerloan 8. A It. pfs ... Am. Stool Foun1rleo Am. Sugar Refining American T. m T , American Tobacco pfd A mart can Woolen Anaconaa Mining Co Atchlaoa AtuhlRon pfd Atlantic Coast Line Baltimore A Ohio Bethlehem BUMl Brook Irs Rapid Tr Canadian Paolfle Central Leather Central Leather pfd Central ot Now Jersey Choaapoako A Ohio Chicago A Alton Cblease Great Western.... Ch lease O. W. ofd Chicago A N. W Chicago. M. t. F C C, CT A St. L. Colorado F. A I Colorado A Southern Consolidated Oaa Corn Products Delaware A Hudson Dourer A Rio Orands P. Ar R O. prd Distillers' securities Erls a- Brls 1st pfd .T, Erls Id Btd...fT. General Bloetrlc Great Northsrn pfd Great Northern Ore ctfs... Illinois Central Interborouih Mat r. Int. Met! pfd International Harvester ... Int. Marine pfd Intsrnatlonal Paper International Pump Iowa Central Kansas Cltr Southern K. a go pfd .1 100 40 7V 0 7V4 so 100 1KV, 116V. 118 00 llrVs UVa 1V 6W 1 ' 40V1 1.400 luvt ant 111 101V, ' lnvi 100 10Vk 109 V, 101 svi MO II V, ti tO0 ll Ml I1H 141 H l IM 1,100 I3V4 81 U It too 11 V 11 Vt 1U tOO 4 6 44 V4 147 400 117 ItH I"1 - M - 4V 64 100 14t 144 146 14 170 , n 100 (7 67 61 ' I, WW l 17 17 7,100 (1 SOVi (0 1.S00 4 4 4 10 lIVi 1(1 11 400 117 117 irr 00 M (0 (IV, 141 100 17 17 17 100 60 M 60 , 111 V 11 M0 41 41 41 1 100 (4 14 4 100 M 7 KM 107 107 107 10) lot 160 160 luO II (1 II 00- 14 141 14! 400 M 14 M IN N 60 4 111 10 66 66 66 oo n li io 1.600 lWi loe lo 100 46 4K 46 100 109 10 I0 71 400 116 14 1(4 11 1.100 114 114 114 10 4 1 1 lsl KO ! M ito u KH 10 too it n ti & 100 44 44 44 11 io it ie 4 4. inn n: iri Laolede Gaa Loulsellls A Nashville.... Minn. A 8t. Louis M . &t P. A S. S. M Missouri K A T M . K. ft T. pfd.. Missouri Psslfle National Biscuit National Lead N. It. R of M. Id pfd.... New Tork Central N. Y.. O. A W. Norfolk A Western North Americsn Northern psclfle Pacific Mall Peonsylsnta People's Oaa P., C . C. ft St.- L Pittsburg Coal Pressed Steel Car Pullinsn Pelaee Car Riliwajr Steel Spring Heeding Republic Bteel Republic Bteel pfd.., Rock Island Co ' Rsck Island Co pfd St. L. A 8. K Id pfd St. Louis 8. W St. L. B. W. pfd SIoj-Sheffield a. A I southern Pacific Southern Railway So. Railway prd Teaneeeea Copper Teass si Pacific T , eu L. A w T . 8t. L. A W. pfd I -ion Pacific I'nieo Pacific pfd Veiled States Realtr foiled States Rubber t inted States Steel t'. S. Steel pfd. rtaa Copper Va. -Carolina Cham leal ... Was.:sh M0 11 11 IIS 100 41 41 41 ! M 4i on n tt 41 4 KM is 11 1U 1M lot 4 4 V...... 4 MVi 41 M.TOt T 71 ' 400 ii ins nets , 1.1(10 4 4 4 40 66 t let M 14 1 M Wasaah pfd Wsstsra Maryland IMS setiughouee a4solrM) 61 tt Weotare t'alo n T T 71 H Wheeling l B f I Lehtjh Vlley - MS 1TH 171 178 Total salts fnr the lar. N.TO shame. New York Meaey Market. NEW TORK. July 1. MONET On call, nominal; time loans easier; sixty days, !V8 2 per cent; ninety days, S&8 per cent; six months, S''&JSc. PRIME MKHCANTILE PAPER 44H per cent. UTKRI.INO ECCHANQIS Weak with ac tual business In bankers' bills at 84.84 for ixty-day bills and't4.8610 for demand. Com mercial bills, 14. M. PILV'ER Bar, ttc; Mexican dollars. 450. BONtS Government, steady; railroad firm. ("lowing auotattons on bonds were as follows: V. 8. ref. 8a, re. ..! lnt M. kt. 4e ... 47 do eeupsa lo Japan 4s V. S. St. res Ml so 4s H 4s roupsa 11 K. C. So. 1st Is 14 tj. 8. 4a. reg Ill u 8. deb. 4a 1M1... esy, do eousoa 114 U ft N nl. 4a H Allls-C-hal. let la.... 77 U . K. A T 1st 4s . 17 Am. A. Is 11 egg m 4Va I? Am. T. ft T. or. 4S.110, eMo pacific 4a 77 Am. Tobacco 4a. it N. It R. ef M. 4s 1 do ss 10.1 N. y. c, g. . r. Armour A (.lo. 4a.. do deb. 4s...- M Atehlsoa gen. 4a It x. T.. N. H. A H. do CT. 4S Ill ,T. S 11? do v. la 111 eN. ft W. 1st o. 4a.. W eAtlantls C L. 1st 4s K d re. 4s 10 ft O. 4a Mo. Pacific ia. r e la n de as 11 do S. W. Is 1 o. 8. L. rfdg. 4s ... 4 Brook. Tr. or. 4a.... M pnn. cr. la 118.. H Cos. at Oa. 6s lo So, cm. to 101 On. LMther 6s es Raadlna gee 4s 11 C et N. J. a. 6s... 111 at. L. A 8. P. fg. 4s 11 dies. A Ohio 4e...l01 do gen. s d ref. 6a. M n. U 6 W. t sa... M Chicago ft A. le.. 7 do 1st gold 4a 11 C. B. A Q. 1. to... 7 8. A. L. to M do gen. 4s bo. rsa ml. to..... M C.M. A S-P. g la M, do CT. a, M C. K. I. ft P. s. to. 74 de 1st ref. to W do rtg. to So, BWIIwar 6a..,....10 Olo. Ind. 6s. u de gsn. to 7 Olo. hod. to 41 Vnloa Part no 4a. ...11 a ft B. r. A s 4s M o cv. 4s. io D. ft H. ct. to ss do 1st A rot. to... 7 eD. A R. a, to..... l V. 8. Rubber to.. ..104 do ref 6a i V. 8. Steel Id 6e....in Plstlllers' Is 71 Va.-4r. Chem. la.. loo Kris p. L to M ew abash 1st to. 101 do gea. 4a. ! do let ft ex. 4a.... do t. 4s, sar. A..- M Western Md. 4a 17 do series B West. Bloc. re. la... K Gen. Klao. ct. 6s ... 164 Wla Csntrat to 9 1U. Cm. 1st ref. to s Mo. Pac. ee. 6a sj Int. Met. 4s 71 Panama la 101 Bid. uirwed. Clearing Hooee Bank Statemeat. NEW YORK. July 1. The statement of clearing house banks for the week shows that the banks hold 8K1.2&4.150 more than the requirements for the 26 Der cent re serve rule. This is a decrease of 86.681,260 In the proportionate cash reserve as com pared with last week. The statement fol lows: DAILT AVERAGE. . Decrease. Loans $1,973,183,000 esiS.Slfi.OOO Specie 38D.906.0M 1,396.000 Legal tenders 83.632.000 287.000 On deposit with clear ing house members carrying 25 per cent cash reserve 75.810.000 1,140,000 Net deposits 1.870.218.000 eii 4.T7.006 Circulation 46,538,001) 615.000 Aggregate lawful re reserve 548,848.000 1,822,000 Reserve required .... 467,631,760 2,8o,2fiO Excess lawful reserve 81,294,250 6,681,250 Increase. ACTUAL CONDITIONS. ' Increase. Loans 82,KW.675.000 847,lM,eOO Specie 867,107.000 25,rO7,O00 Legal tenders 83.130.000 2.071.000 On deposit with clear ing house members carrying 26 per cent cash reserve 79,817.000 7,678,000 Net deposits 1,881.564.000 17,996,000 Circulation 46,638,000 18,000 Aggregate lawful re serve 630,154,000 30,300.000 Reserve required 470.301,000 4,496,000 Excess lawful reserve 69,763,000 24,789,000 Decrease. Summary of state banks and trust com panies in Greater New York not rsnnrtins to the New York clearing house: Incresse. Loans . 8622.641,800 81.198.900 Specie 64.632,200 564. 600 Legal tenders 12.608,700 74H.400 Total deposits 727,840,800 7.462,700 Decrease. London Stock Market. LONDON, July L American securities were steadier on trie stock exchange here today and closed a fraction over parity, with the exception of United States Steel, which showed a loss of v,. . - Consols, mooey 7 Loalsrllla A n!.....1 do aocoant t M.. K. A T. ........ 17 Amal. Copper.. 71 N. T. Oatral ..Ill Anaconda 1 Norfolk A W 113 Atchison r.U do pfd M do pfd 106 Ontario A W s Baltimore ft Ohio. ..Ill Pennsylvania a Canadian Pacific. ...141 Rand Mnso 7 ?henpsake A 0 64 Reading ............ tl Chicago o. W 11 Bouthom Ry 11 Chi., Mil. A at. P..l de pfd 14 De Boon 11 geU,hsrn Pacific 1M DcnTsr A Rio 0).... 11 Union Pacific 164 do pfd 66 do pfd rr Kris It p. . stool do 1st pfd 1 do pfd 111 do Id pfd M Wabasn IT Orsnd Trunk f do pfd....' 87 Illinois Central .146 8ILVER Bar, quiet at 24d per ounce. MONEY m por cent The rate of discount In tho opan market tor short bills Is 2H per cent; for three months' blls, 2 3-1 6 2 14 per cant. Local Beesirttles. Quotations furnished bv Burna. Rrinkor a. Co., 449 New Omaha National bank build ing, Omaha: Did. Asked. Beatrice Creamery Co .. so i California O. A B. 6s. HIT M M CHr National Bldg.. pfd r-- lot Corn Exchsnge Bank stock 11 Council Bluffs, la., 4s. Ill 101 101 M City of Omaha School 4a. 1M1 104 104 Cudshr Packing Co. 6a, 1K4 rS rairmont tmmtrr 1st g. a nor Cent.. ss JOO Pslrmont Creamery pfd, T per osnt.... M jog Ksnsas O. A B. Co. 6s, 1KI M M Kansas Cltr 8. D. 6a. 1H1 loou. 101 Omaha Water ta, 1644: M sg Omaha A C. B. Bt. Rr. to. 128 M 17 Omaha A C. B. St. Rr. pfd, 6 p. c. 11 81 Omsha A C. B. Bt. Ry., com (7 M Omaha ft C. B. R. A B 6 T Omsha Oaa 6a, 117 M t Omsha CLIP. 6s. Ittl M M Omsha B. L. A P. pfd 11 Packers' Nst. Bank stock. So. Omaha.. IX 160 Pacific O. ft B. 6s, 1U7 100 101 Bloui City Service Co. la, 1M 96 t So. Oal Edison 6a. Ill 100 101 Sherldsn Coal pfd t 100 lalon Stock Tarda stock.... M It t'nlos Stock Tsrds 6s. Ml n 100 Trt-Clty Ry. ft Lt. pfd M M Boston Stocks and Beads. BOSTON, July 1. Closing quotations on necks were as fonotta. Allousi II Mohswk 4 Anil. Copper Nerada Con 11 A. Z. L ft 8 17 Nlplsslng Mines .. 1 Art sons Com 1 North Bulla II Atlantic 4 1-11 North Lake B. A C. C. ft A M. 14 Old Dominion 47 Butte Coalition lt Osceola lol Csl. ft Arlsona 67 Parrott 8. A C II Cel. A Hscla 410 tjulnnr 11 Centennial 11 Shannon 11 Bast Butts C. M.... 11 Superior II Franklin II Superior A B. If.... T Olroul Con. Superior A P, C 14 Ore n by Con It Tamarack 16 Orecne Csnsnoa .... T ee,t. g. g R. J, vt.. 17 Ialo Roys Is Copper.. 11 1o pfd 41 Kerr Lake Vtah Con II Lake Copper, 17 L'tsh Copper Co... 46 La Salle Copper 1 Winona Miami Cor. per 21 Wolverine Ill Did. Ks-dlTldend. Asked New York Carls Market. The following quotations ar furnished by Logan A Bryan, members New York Mock exchange, 3lo South Sixteenth street. Bay Stste Oas K Ner. Cons 11 Butts Coalition .... 16 Kswhouso 71 Chlsf Cons 1 1-U Ohio Copper 1 Peels-Dsl- 11 Ray Central 1 Franklin 11 awlft Pkg. Co 101 Clreus IS Superior A Pitta Surg 14 Greene Csnsnoa .... 1 Trinity Copper 4 Inspiration 1 United Copper II Lai oas lit, New York Mtatagr Stferlca. NEW YORK. July L Closing quotations on mining stocks were: Alice la) Little Chief 8 Com. Tunnel stock.. M Mszlcas 440 do aonds U Ontario m Con. Cal. A Va 14S Ophlr 106 Horn SilTsr 10 BUndsrd let Iron Btleor M Yellow Jseket 40 LesrlTllls Com. 10 Offered. Kaasas City Grain aad Provlaleaa. KANSAS CITY, July L WHEAT Un changed to lc lower; No. 1 hard, afrQOOc; No. 3. ((if8c; No. 2 red, 83to64c; No. 3. tCZifie; Julv, 86c; September, fcac bid. CORN 1 nehanged to lc higher; No. 2 mixed, 62c; No. i. 61c; No. 2 white, 63c; No. 3, tlWiKZe; July, cc sellers. OATS Cnchanged; No. t white. 47Va 47 We; No. 2 mixed, 4(1 46c. RYE 65 91c. HAY Unchanged to Soc higher; choice timothy, tU.Ovu 18.00; choice prairie, 16U 617 00. BUTTER Creamery. 82c. ft rate, 18c; ac onds, 17c; packing stock, 16Vc. EGOS Extras, 17ttc; firsts. 14VtC; sec onds, 8c. Receipts. Shipments. Wheat, bu 1660HO 17,000 Corn, bu 82.0UO ao.(0 Oats, bu 10.U00 I6,0u0 . i asrar Market NEW YORK. July 1. BUG A R Raw, firm; muscovado, 88 test, 3.4Sc; centrifugal, 84 teat. 8.96c; molasaes, 89 test, 8.23c Re fined, steady; crushed, A74es; granulated, ic; powdered. t-iOo. OMAHA LIYE STOCK MARKET Good Fat Cattle Art Higher for the Week. HOGS MAKE GOOD WEEK'S GAIN Pat Sheep aad Ltuaka la Moderate apply All the Week, While the Price Shaw Sons Little Improvement. SOUTH OMAHA. July L 1911. Receipts were: Cattle. Hogs. (Sheep. Off.clai Monday 4.180 8.808 8,31 Official Tuesday 8,44 18,828 t.168 Official Wednesday 1.266 18.144 4.078 Offcllal Thursday 8-100 12,4 l.O Official Friday 1.808 S.t2 e.848 Estimate Saturday 2b4 8, MM Six days this week....l7,M 2JM t3.0GI Same days last week. ...18,418 69.707 10.887 Same days t weeks ago..l8,l8 88,874 15.8M Same days 8 weeks ago.. 17,826 88,867 lu.o Same days 4 weeks ago..l4.847 88.744 15,186 Same days last year... .11.884 68.608 18.371 The following table shows ma roaseiota i cattle, hogs and sheep at South Omaha for tne year to caie as compared with last J'ear: in. islO. lno. Cattle 497,66 47LU1 K.M4 Hogs L4,6(4 1.120,861 186.828 iheep 771.043 681,684 78.848 The following uble shows the average Prices on hogs at South Omaha for the t several days, witn comparison! t Dates. 1911. U10.1908.l08.1807.180J.li. June II.. June 22.. June 23.. June 84.. June 26.. June 26.. June 27... June 28... June 29... June 80.., July 1..., in 22 6 20 9 401 i 19 S 13 C It i 24) s t 19 t 82 f 34 t 22 5 08 f 21 1 16 9 24 9 20 11 6 13V I 9 121 fOSiil 1 00 8 98 2S 9 02 87) 8 90) 7 2 ( 95 Sunday. Receipts and disposition of live stock at the I mon Stock Yards, South Omaha, for the twenty-four hours ending at P. in. yesterday: RECEIPTS CARLOADS. C. M. A St. P.. t-ame. nogs. Bneep.H'r a. Wabash MlHsourl Pacific .. Union Psxclfin 1 1 18 4 32 6 1 29 1 1 t O. A N. W.. eaat. C. A N. W west C. St. P. M. A O.. C. B, A Q east.. C. B. A O.. west.. 1 10 C. R. I. A P.. east C. R. I A P., west Illinois Central .. C. O. W.. Total u 104 .. DISPOSITION HEAD. , . Cam :ce:s. 6heep. Omaha Packing Co ..... Swift A Company l fwo Cudahy Packing Co 1,749 Armour A Co ?.162 Schwarti-Bolen Co 286 Murphy Cudishy from K. C 160 Totals 150 7,623 .... CATTL-There were a few cattle hers today, but not enougn to make a market or Interest buyers to any great extent, ror the week receipts have been very lib eral, rhowlng a large gam over last week end a year ago. on the other hand the total receipts for 11. ; month of June have shown a heavy falling off, being the small est of the year tnus far, with the excep tion of April. Desirable kinds of fat cattle have been very free sellers all week, wtth prices tteatllly tending upward. At the close of the week good steers are 15&'26c higher than a week ago, the advanoe being the most on the desirable kinds. Common and Inferior kinds, on the other hand, have not shown mucn chonge, the spread between the two being greater than It was a week ago. Cows and heifers carrying flesh have also been free sellers throughout the week, with prices at . the close around l(jr2&c higher than one week ago. On the ether hand the common and Inferior grass cows and heifers that coma Into direct competi tion with the cheaper southern grass cattle have shown llttls or no Improvement, (ban ners also have remained prac.lcally - na tions, selling now about where they did a week agYK ,; . i : ''.,'. v 1 v . - The market on Hookers and feeders has been without noteworthy change this week. Dry pastures ana uncertainty as to the fu ture of the corn crop has made the de mand very light, and the country has not been at all anxious for either stock cattle or feeders. Fortunately the receipts have been very moderate, so that the market has continued In a quiet condition all week, with pr:ces showing little ohange. Quotations on cattle: Good to choice beef steers, I6.00i3e5.60; fair to good beef steers, 96.86S4.20; oommon to fair beef steers, 6.00 yt.86; good to choice heifers, 8j.008.86: good to choice cows, 84-75.d6; fair to good cows and heifers,. 34.004.75; common to fair cows and heifers, 82.0U&4.00; good to oholoe stockers and feeders, $4.4034.86; common to fair stockers and feeders, 83.60 0-I.4O; stock he'.fers, e3.00QrS.71; veal calves. 3.bOfe'7.00; bulls, stags, etc., 83.266.00. HOOS Sellers forced another aovance in hog prices, the Improvement Involving a 100-load supply. An active demand of eae.ly ample volume was the main factor in boosting the trade, bulk of all we'ghts scoring an average gain of a nickel. Pack ers entered the trade early and free buying policy was general, everything moving scaleward within a short time after the opening. Spreads between lard, butcher and bacon grades showed a further tendency to nar row, and long strings landed within a dime range of e6.3m36.40. Cost of packing droves In two Instances wss only a Utile under the latter figure. Shippers took only a half-hearted Interest In the n arket and purchased In all a bare 10 rer cent. Best baoon animals on rale reached 36.60, the highest price paid since April. While receipts this week glva a rather liberal total the demand appeared to be lively and expanding, clearances being easy and early. Present prices are just about 2W2Gc above these of a week ago, but bacon offerings are not earning ihe pre miums of recent weeks, while the heavier classes show the full advance. Representative sales: T 621 e 80 f 28 7 to 6 77 I 91 6 83 7 46 I 88 6 86 7 40U 2 6 6.1 e 7 48 I 87 6 86 7 68 1 88 6 88 ( 28 I 6 86 ( tt 48 7 64 6 M 6 44 7 2 t 99 6 92i 6 47 7 Ml I It t IT (94) No. At. Sh. Pr. 66 104 110 I 16 1 174 60 I 16 II 101 ... 11 1 Ill ISO (17 61 K ... 4 10 SO 114 ... (10 6 Ktt N i lg 61 164 ... M 1 !! Mil 4 144 ... 4 10 11 141 M IU II 1 60 10 71 144 ... (11 1 141 10 11 11 116 6 11 41 166 rM 11 II 146 110 4 16 1 161 60 16 1 1M ... Ill 44 130 ... 116 61 IM N I U 61 1st ... 16 Tt 114 164 li 14 Ill 100 4 16 4 161 ... S6 74 136 ... 116 6 146 120 16 61 170 ... U 64 ltd IN III I 1 60 4 16 4 164 40 16 41 Ml 60 6 16 60 171 ... 16 10 141 ... 4 It 41 117 10 li 1 141 ... 4 16 61 ISO M 16 46 176 140 4 U 1 141 ... Ill 41 141 It 4 17 4 12 ... I 17 11 flm 40 is Tl Ill ... 4 44 71 Ill ... I 4 No. At. Sb. Pr. 61 Ill SO I 40 3k ieO SO 4 40 74 Ill 40 4 40 11 tl ... 6 40 '0 1(6 ... 40 74 til 110 to 1 Ull 40 40 4 261 60 4 76 Mil 4o 4 40 14 lui ... 40 44 Ill ... 40 11 !l 40 4 40 II est SO 40 1 141 160 40 11 116 ... 00 - H N 44 60 401 1-0 4 . si 1-4 ... 4 41 14 MS 40 40 64 1st ... 44 SB 14 ... I 4 6 IM ... t. M 60 U IM 4 44 41 lui 14U 4 40 40 lit ... 4 SO 44 144 140 40 M lil 40 4 41 U 114 IM 41 ( 7 IM ... 144 14 1K'7 .. 4 44 61 ... 4 46 f, 1U M 4 46 et it' if 46 SO iUi 4 46 17 ll - 46 11 117 a0 4 46 II lit 160 6 44 67 let .- 144 1 UM IM 4 46 44 104 ... 4 46 11 lei 40 4 44 7 160 ... 4 6o 64 110 ... 4 60 as received In the way of sheep or lamos and the open market snowed no changes. The week's total, fulls 28.000 head, shows good Increases over lsst week's run as well as the supply a year ago and the gain is largely due lo a (rear late June movement of grass stock from western ranges. Right sround three-ourths of entire offerings were billed from the west, Oregon and California furnishing bulk. Sheep were more plentiful than lambs Slid average condition was very good in view of the fact that the grass country Is suffering from orouth in many parts. On most days trade held an even, steady course, but the trend to values, especially towsrd ths close, appeared stronger. Heavy grass wethers with age ara nons too pop ular and have been moving around 83.76, but handy gradea, moetly twos, sold largely at 34.10 and were free sellers st the pre mium. Rsnge yearlings from Oregon, known aa newly graduated lambs, found plenty of orders st 84.36,4.40. the former price buying the big bulk of arrivals. Cali fornia spring Ismbs, fine wooied and not very attractive, landed at 84.8046.26, while toppy Oregon springers reached ; .16 yes terday. Demand for feeding stock has been lax at all times aa finishers are Inclined lo be very conservative. Karly supply of corn fed stock consisted largely ef mixed bunches and averaged common and even trashy. Two or three shipments of choice Ismbs were received iste in the week, however, and top strings si ted cre1ltabi at 3 2o4u.4o. They were horn and tho K 40 article wss prime. 1 v manrt lor anything fit to kill has been healthy throunhoui and all kinds of fat tot k show net advances of ltknloc over a week ago. Quotation, grass stock: ftprlng Ismbs, natives, X.fft7.iX); spring lambs, good to choice. P 4043 7.16; spring lambs, fair to good. ftsji. 10; Vearllngn, fair to choice. 84.00tf4.60; yearlings, feeders. 3.1.0"3.86; wethers, fair te choice, 8314.10; Wethers, feeders, 83 763.26; ewes, fair to choice, 32.76ftr3.6u; ewes, feeders and culls, U 7V6140. quotations, fed stock: Shorn lambs fair lo choice, 8n.So4l 26; shorn yearlings, fair to choice, 14 00(16 00; shorn etners, fair to choice, 8.1 60JJ 4.10; shorn ewes, fslr to choice, 83.OOtU4.00. CHICAGO LIVE STOCK MARKET Demaad far Cattle Steady Hogs Straasr Sheep Weak. CHICAGO, July 1. CATTL.B Receipts es timated at 200 head; market steady; beeves, 84.66S4.7T; Texss steers, 34.64(j4u0; western steers, 84.70i3t.78: stockers and feeders. 83. (16.40; cows and heifers, 82.26ttt6.7o; calves 36.76tr.00. HOGS Receipts estimated at .ono head; market strong, 4&e up; light, 36 8f34 724 ; mixed, 36.30fr8.7S; heavy, 8ti.20J.70; rough, 66.304.36; good to choice heavy, 8 36.(0; pigs, 86 904.60; bulk of ales, i &o& V SHEEP AND lMBrl Rooelpta esti mated at 8.000 head: market weak; native, 32.6134.40; western. 82.7647440; yearlings. 14 25 66 10- lambs, native, 84.tOliT7.66; western, H.607.60. Kansas City Live Stock Market. KANSAS CITT, July l.-CATTLB-Re. celpts 100 head. Including 60 southerns; market steady; Native steers, 36.26VA60; southern steers, 84.00tf6.60; southern ciwt and heifers. I2.0j-4 60; native cows and heifers.- 32.40t$.3O; stockers and feeders $.1 7636.40; bulla J3.0OS4.75; calves, 14 00? 3.76; western steers, $4.7&-5.3j; western cows, t2.7&a4.75. HOGS Receipts. 2,500 head; market He higher; bulk of sales, KMIU; heavy. ej.i(i.&0: packers and butchers, 3o.4tf 8.66; lights. 8640rS.5S. 8HEKP AND LAMBS Receipts none; market steady; muttens, 83.00t33 90; lambs, 86.7&S7.00; fed wethers and yearlings, 83.75 tJ4.;5; fed western ewes, 2.6033.2S. St. IO a Is Live Stock Market. BT. IXyUlS, July 1. CATTLE Receipts, 600 head, including 100 Texans; market stesdy; nstlve beef steers, l4.MVoej.50; cows and heifers, 83.00t(i4.&0; stockers and feed ers, J2.7fxij4.76; Texan and Indian steers. H.76a.t; cows and heifers, 83.00a t. 00; cslves, in carload lots, t5.00(r?7.10. HOGS Receipts, 6,000 head; market strong; pigs and lights, J6.66gj45.75; packers, 3.or36.40; butchers and beet heavy, 86. 66(7 6.76. SHEE3P AND LAMBS Receipts 900 head; market steady; native muttons, 83.00s4.00; lambs, J4.00tf1.60. St. Joseph Live) Stock Market. ST. JOSEPH. July 1. CATTLE Re ceipts, 100 head; market stesdy; steers, 85.00 T6.35; cows and heifers, 2.M9.20; calves, 13.007.00. HOGS Receipts, 4,000 head; market steady; top, J6.60; bulk of sales, J6.40t&.46. SHEEP AND LAM BS Receipts, 600 head; market steady; lambs, J4.OXXa7.15. Stock la Sight. Receipts of live stock at the five principal western markets yesterday: Cattle. Hogs. Sheep. South Omaha 260 8,900 St. Joseph ...: 100 4.0U0 600 Kansas City 100 2.600 St. Louis 600 6.000 900 Chicago 800 9.000 9.000 . Totals 1,160 28,400 10,400 Cottaa Market. NEW YORK. June l.-COTTON Spot closed quiet; middling uplands, 14.80c; mid dling gulf, 15.06c; sales, 1.028 bales. ST. LOUIS, July 1. COTTON Market Irregular: middling, 15c. Sales, none; re ceipts, 300 bales; shipments, 448 bales; stock. 8,029 bales. New York cotton market, as furnished by Logan & Bryan, members New York Cotton exchange, 315 South Sixteenth street, Omaha: Month. Open, High. Low. Close. Yes'y. July 14 67 14 67 14 60 14 60 14 68 August . ..14 63 14 66 14 46 ' 14 48 14 64 Pent .13 4S 13 63 13 48 13 62 13 48 October ..13 1 '13 22 13 IS 13 19 13 16 December 13 18 13 23 J3 17 13 21 i 13 19 , . - Mllwaakee Oral a . Market. r 1 MILWAUKEE, July L WHEAT No. 1 northern, JLOKLOa; No. X northern, 9&c2 81.00; September, 90c; December, 924o. OATS-Standard. 44p44Hc. BARLEY Malting. Wk-ftjl.lO. Oils bb Roala. SAVANNAH, July 1, TURPENTINE Firm, 62V4S53Hc. ROSIN-FIrm, typs F, $.42W8.60; O. 88.60. Wool Market. ST. LOUIS. July l.-WOOL Steady; territory and western mediums, 1719Vsc; fine mediums. 1617c; fine, 11 14 Vic WORK ON THE SUNKEN MAINE Plans for Pimplig Water Oat of Warship aad Floating: Part f Wreck. Colonel William M. Black and Lieutenant Colonel H. M. Patrick . of the United States corps of engineers, members of the engineering board which has In charge the work of the raising of the ill-fated battleship Maine tn Havana harbor, aro preparing to go to Cuba shortly to super- Intend the pumping out of the big coffer dam, which has been built around the wreck. , The job of constructing the cofferdam Is about complete, but the pumps will not be set to work until May 81, as the en gineers wish to allow ample time for testing the strength of the giant cylin ders of which the cofferdam ia formed. Although two leaks have been reported In the cylinders during the progress of the work, they have been repaired with out difficulty and Colonel Black says that he and his fellow- members of the board are reasonably sure that the cofferdam will hold when the vast volume of water Is pumped out and the wreck of the Mains Is revealed. The erection of the cofferdam and the general plan which has been adopted for raising the battleship Is attracting the at tention of engineers and naval men all over ths world. It is said to be the first time such a feat has been attempted on so large a scale by the corrercam method and, if successful. It Is likely that the plan will be adopted under similar condi tions by other nations. In addition to the interest in the en gineering slds of the plan to raise the Maine the undertaking Is engaging the at tention of hundreds of thousands ' of patriotic Americans, who are eager to learn whether or not' the explosion which sunk the battleship and sent several hun dred men to their death was caused by a sunken mine or originated inside the ship Itself. It was the generally accepted belief that the Maine was destroyed by a sunken mine, which caused the public sen timent In favor of war wtth Spain to reach Its climax. It was largely due to public curiosity as to the real origin of the explosion that congress appropriated I15O.0O0 for the work of raising the Maine. Other factors in the action of congress were the desire to recover the bodies of sailors who wore lost In the wreck and the advisability of removing the wreck Itself as a menace to navigation In Havana harbor. 1 The work of building the cofferdam was commenced last December. Ever j since a lari:s force of workmen has been ' been busily constructing ths chain of steel cylinders fifty tct In diameter of which the cofferdam la forced. This work has been under ths personal supervision of Captain H. B. Ferguson of the United States army corps of engineers, the third member of the board. Captain Ferguson has been stationed permanently at Ha-, Vans, Ths other board members have been making short trips back and forth sine the work began. New York Times. MANY REASONSJOR OPTIMISM Bntinesi Men Look for a Verjyr Hetlthy Fall Trade. ONE PROGNOSTICATOB'S OPINION Bis Trade Bslaace in Oar rarer, Storke at Merehaatls Aro Law mm the Iroa aad Steel Market la traar. BT PRESTON C. ADAMS. NEW YORK, July, l.-8peclal to Tha Ree.) What are the legitimate grounds for the unquestioned optimism In tha world of business 7 I asked this question ths other day of a man ot large affairs, and who is himself a buoyant optimist. His answer la worth consideration. "There aro at least a score ot reasons," ha said, "why we may expect a big healthy business In the fall. Here are a few ot them. Unless all signs fall we will have bumper cotton and grain crops and they will sell perhaps at somewhat lower prices than have been prevailing but still at rate which will give the producer a good profit Then we have a half-bllllon dollar trade balance In our favor which give ua a power over the world's gold supply and will prevent disastrous money strin gency In this country. There Is little fear of this, however. In any event for money Is plentiful and cheap In all the world' financial markets and this Itself Is 'a powerful factor for good trade. "The tow stocks of staple merchandise means activity among tha manufacturers and an Increase In the consumption ca pacity of the working masses. Tha rail roads are showing Increased earnlngaouid these will be further increased as the crops begin to move. "The metal markets, steel and copper particularly, are In better shape than they have been for some time and there Is no reason to believe they will not continue to Improve. I might go on and give fur. ther reason's for the faith that Is In me, but It would be merely accumulative. Yes air, I believe business Is going to be fins In the fall and the whole country will be prosperous." . Govern meat Debt Figures. It is figured by government experts and bankers generally that the addition of tha 160,000,000 issue of the Panama canal I per cent fifty-year bonds to tho bonded indebt edness of the United States has swelled this Indebtedness to $963,000,000 of which 3731, 000.000 draws Interest at 2 per cent, $114,. 000,000 at per cent and $118,000,000 At 4 per cent. Most of the government bonds, with the exception of the latest Issue, ara held by the national banks which are using ' them as tha basis of note circulation. Tha banks cannot use the new Panama 8s for note circulation, but thsy may employ them as security for publhj deposits. Tha national banks which receive allotments of the new Panama 3s probably will sub stitute them for the bonds now untying government deposits and will substitute the latter bonds for some of the Issues now used as a basis for note circulation, thereby releasing the bonds hitherto em ployed for note circulation, which may ba sold st a material profit. It Is understood that the next move In the government'a financial affairs will ba tha refunding ot the Spanish war loan, of which F4. 000,000 Is still outstanding. It Is considered probable that this Spanish war loan, will be refunded by another Issue of S per cent bonds some time within, the next two years. ' Ainerlcanlsatloa of Canada. In discussing Canadian reciprocity It . should not be forgotten that' Americana have invested not only some 700,000 Ameri can cltisens in Canada, but mora than $400,000,000 of American capital. Just how much faster the Americanization of Can ada win proceed after reciprocity la a matter of pure speculation, but It Is very greatly accelerated, It will not be many years before the western part of the Do minion especially will be largely Ameri can. Wheat Exports Heaver. Exports Of wheat for the commercial year ended July L 1911, are expect to reach a total of 600,000,000 bushels, allowing 40,000,000 bushels for the three weeks re maining. ' This includes exports to all the leading countries, to which last year 656, 680.000' bushels were sent, compared with 480,808,000 bushels In 1908-09 and 404.103.000 bushels in 1907-08. This year exports ara nearly 160,000,000 bushels larger than the average for the preceding years, or an In crease of 23 per cent. ' Wall Street Deserted. Summer has come in Wall street Stock exchange houses hsve sent out notices that branch offices at holiday resorts are now ready for business. The financial dis trict is so deserted during ths summer months that brokers do their beet to follow customers. Go where he will, the Well street man finds himself within range of a ticker. Even the most exclusive re sorts have their luxurious offices in hotels or other business buildings. And. of course, it Is uieless nowadays to try to flee from the sound of the ticker by going to sea, for wireless has checkmated that move. Yet despite allShe maneuvering of brokers, or ders are and havs been extremely scarce. Nor Is it at all certain that the newly opened branoh offices will be overworked. Soathera Splaaers Carefal. The cashier of a leading national bank of the city, which has extensive connec tions with Institutions throughout the cot ton belt In referring to tha manufacturing outlook In ths textile districts of tha louth, said: "Even though ths mills are running only 76 per cent of their capacity, that ia by no means bad business. Oo the contrary, when you take Into account the fact that only a few years ago mills now active were equal to the total then In existence there, you realise that cotton manufac turing Is not In so languid a state as many would believe." Nevertheless, the disport t ion of southern mill men is te. curtail still further. Some are halting between the plan of shutting down altogether and that of running on a four-day a week schedule. Many Ala bama mills are continuing on this plan. One result of doing so is to reduce their stocks of goods on hand so as to have practically clean warerooms whenever the trade Improves enough to call tor larger hours of operation. Reports from cotton growing districts Indicate no scarcity ot labor, especially under the policy of the mills to run only llttls mora than half time. Crop Prospects Nat Bad. President Delano of the Wabash railroad, saya that Crop reports received from every section of the country Indicate that crop prospects were never better. All ths re ports agreed that the crops aro between two and three weeks ahead of the season, which, barring later unfavorable develop ments. Insures Its harvesting before frost. Most of It has been cultivated three time. Winter wheat Is being harvested in the earlier territories, with good prospects for a crop considerably better than last year. Prospects for spring wheal ar In the balance. Everything now depends entirely on the weather conditions for ths next three weeks. If the crops get occasional showers between now and July 19 thsy ' are expected to be all right