The San Francisco Call. Newspaper, August 9, 1902, Page 13

THE SAN FRANCISCO CALL, SATURDAY, AUGUST 9, 1902. 13 SUMMARY OF THE MARKETS. Silver and Exchange as previously quoted. New York and Boston stock exchamges closed to-day. Continued dullness in local stocks and bonds. Wheat futures declined. Barley as before quoted. Oats, Corn and Rye dull at previous quoiations. Hay steady and Feedstuffs casy. Beans still firmly held. Coffee quoted steady. Butter weak, Cheese firm and Eggs in larger assortment. Hides still deranged by local labor troubles. Live and dressed Meats as before quoted. Dricd Peaches and Apricots weak and Apples lower. Prunes firm. Coal continues in ample supply and weak. Potatoes, Onions and Vegetables about as before. Poultry selling %vell, with fair receipts. River fruit boats arrive late. The Coronation and Exchanges. | | Wires from the East yesterday stated that | | the Boston and New York Stock Exchanged | would remain closed to-day on account of the | coronation of King Edward, but that the New | York Produce Exchange and the Chicago Board | of Trade would do business as usual. The San | Francisco Produce Exchange will not close. Oregon Crop Bulletin. The report of Edward A. Beals, section al- rector United States Weather Bureau, for the Oregon crop bulletin for the week ended Au- gust b, is as follows: Except a few light showers last Wednesday and Thursday in the northwestern portion of | the State, no rain has fallen during the week. The temperatures have been seasonable anl | there has been an abundance of bright sun- | siine, making eltogether excellent harvesting weather [ The fall wheat harvest is nearly completed | in Bouthern Oregon, well advanced in the | Willame'te Valley, and making good progress in | the eastern sections of the State. Threshing | 1 be general this week. Spring wheat is filling nd ripening micely. The oat crop prom- | ises to be above the average. In the Uma- rict wheat will probably turn out bet- | n expected a few weeks ago. In the ut Marion County it is not thought 1 grain yields will be as heavy as last spring sown grain is doing nicely. DI few sections of Lane County the ports are that club spring wheat is badly in- Jured by rust Hops are doing well and no complalnts are made of being sufficientiy numerous to celse damage. All late crops, including corn £nd potatoes, would be benefited by rain. Pas- | tures are drying up fast. but stock continues | in good condition. The outlook for a good crop of late apples in the Hood River and Ashland districts is excellent. Early peaches and black- plentiful in the markets, | the Erie stocks. Weather Report. | | (120th Meridian—Pacific Time.) | SAN FRANCISCO, Aug. 8—5 p. m. | THE COAST RECORD. = [ E E O R £ 5 ] 3 ghgz 34 % % 3 E@ggB Rz 3, = sTaTioNs. 2 %2%5 18 £~ & & R e g S gl . 12 W Clear .00 NW Clear .00 w Cloady .00 SW Pt Cidy .00 Flagstaft | 8: 78 ¥ o Pocatello, ida.29.74 Independence .29, Los Angeles ..29.88 Phoenix Portland Red Bluft Roseburg ... Bacraments | | | ERERPEFE N E DR GRS ERFERE WEATHER CONDITIONS AND GENERAL | FORECAST. ure continues low over the Pacific | ¢ weather prevails at nearly all California and rain has fallen in Ari- Southern Utah. Thunder storms are ff and Modena. ast made at San Francisco for thirty hew ding midnight, August 9, 1902: California — Cloudy, unsettled with conditions favorable winds in the interior; brisk on the coast with fog. fornia — Cloudy, unsettled ¥ with showers in the mount- vada—C} unsettied _weather Satur- in the mountains; brisk west- erly winds San Francisco and vicinity—Cloudy, unset- tled weather Saturday, with conditions favor- sble for light showers in the morning; fresh southwest wind ALEXANDER G. McADIE, Forecast Officlal. FRUIT AND W CATHER BULLETIN. four | siastic confidence in higher prices v hours ending at 5 p. 120th meridian time, San Francisco, Aug. 902: -_— b » o - e P A E B S STATIONS. g F s £ 2 R g B K € Hollister . 7 Independence Cloudy SE '8 Xing City . Cloudy N Lt iy W B P EEEEEEEE PR Ean Luls Obispo. HERIRR Santa Maria. Senta Rosa b Btockton 85 Willows 96 2 WEATHER AND CROP CONDITIONS, ‘Willows—Crop conditions favorabie. Hollister—French prunes beginning to turn; crops doing well. ord—Fruit ripening rapidly; fruit cut- -‘.ud packing still in progress; grapes mov. slowly. erside—Orange trees starting new growth. Livermore—Frult ripening in 0od shape. Merced—Grain nearly all in warehouse; showers in mountains, Senta Marla—Grain threshing continues sbove average; other crops as before, nta Rora—Crop conditions unchanged. ‘apa—Peaches and apricots fine crop. Colusa—Weather favorable for fruit dryirg; fruit doing well. Palermo—Bartlett pears being picked and forwarded to canners. Cloverdale—Cloudy nearly all' day: average Crop. Ao et contimues to arrive icwly. ting ing = EASTERN MARKETS. ! New York Stock Market. NEW YORK, Aug. 8.—An effort was made to-day to shift speculative interest into new quarters of the market. The opening dealings showed that the glamour of the supposed plan for merger of Southern trunk line railroads had taken hold upon the imagination of the specu- lative world and most of the stocks Wwhich were violently affected yesterday started off on a fresh upward movement to-day. But it soon became evident that the movement was over- running itself. Either the desire to take profits or the belief that the prices had been lifted.to above the intrinsic value of these cer- tain stocks led to prompt reactions in Louls- ville. Iilinois Central, and conspicuously In Hocking Valley. The iast-named stock not only lost its opening rise of this morning, but all of vesterday's sensational gain as well. The re- action was not so violent in other stocks, al- though Rock Island developed a heavy tone and Colorado Fuel became weak with much sentimental effect upon the general market. It cannot be sald that the reaction of the South- ern group materially altered the conviction in the street that important developments are impending regarding this group. The difficulty encountered by Louisville in its advance' above 150 was attributed to the fact that that is the figure at which the eption is supposed to be held by J. P. Morgan & Co. to buy control of the road. Some of the largest selling of the Southern trunk lines was by brokers usuaily employed by the speculative leader whose pub- licly proclaimed “bullishness” was a _fore- runner of yesterdav's violent advances. Prob- ably some disappointment was felt because the official announcement of the acquisition of the Chicago and Eastern Illinois by the St. Louis and San Francisco contained no reference to the further extensive projects which are sup- posed to lie back of that operation. In fact no official countenance could be secured from any source of yesterday's many rumors. The belief was held that this and other important projects may have to await the return of J, P. Morgan, now on the way here from Europe. Among the new points of strength the most conspicuous and most influential was -that in No reason was forthcoming for their advance beyond a revival of old ru- | mors of large holdings in the property by J. J. Hill and plans for its improvement by that capitalist. seemed to be purely speculative in its origin. Other points of strength were the Colorado and Southern stocks, Texas and Pacific and a num- ber of minor stocks. The banks have ot gained enough from the interior to offset the drain to the sub-treasury, and a poor bank re- turn is_ipdicated. This and the holiday prompted to realizing in the latter part Gf the day, and the closing was dull and irregular. Bond market was irregular. Total sales, par value, $1,075,000. During the early part of this week the in- terest in the stock market had fallen to so low an ebb that the members of the Stock Exchange eagerly availed themselves of the coronation of the King of England on Saturday as an oceasion for a holiday and petitioned the | | Bovernors with practical unanimity to clos After this action had been ta- the exchange. | ken the market sprang into activity again, and by Thursday the volume of dealings had again | risen to well above half a million shares. The fact that the awakening was coincident with the return for New York from a vacation trip of the putative leader of all the important speculative movements that have recently oc- curred did not escape notice and comment, and the public outgivings of this leader of enthu- for the future warranted an inference that his own op- erations in the market were shaped to that end. Some of the most violent movements were in stocks in which this leader and his following have been conspicucus and success- ful operators in the past, and in which their continuing interest is avowed. These price | movements have been accompanied by a flood | of rumors which may be either cause or effect, | but which have a bearing on the stock mar- ket situation in any event. Official announce- ment or even admission on the subject has been | meager, but there is a general credence in the theory ‘that important developments are im- pending looking to the consolidation of inter- ests in the Southern trunk line field. The only Accomplished fact of the week upon which to hang the theory was the formal announcement of the plan to take over the Chicago and Bast. ern Iilinois by the St. Louls and San Fran- cisco. This and the recent reaching out by the St. Louis and San Francisco system in other directions into the Southern fleld made it evi- dent that there were new relations to be ad- justed in that field. Stocke of other systems which the new element might be supposed to threaten with dangerous rivalry instead of showing depression were buoyant in the mar- ket, and the speculative public promptly formed the inference that relations were to be_harmonized throughout the field. There has been no development in the money market to indicate effective relief. The week's gold shipment was called a special transaction 2nd was attributed to the working out of Aus- tria-Hungary’s current conversion plan, but it is expected that this may draw some further gold from here. The Paris demand for gold in the London market has also shown signs of revival. General conditions in this country have continued highly favorable to values. ex- cept for the continuance of the anthracite coal miners’ etrike apd some threats of labor trou- bles in other dirkctions. The bond market as a rule has been rather quiet and irregular for investment issues, al- thoush there has been an active market for some speculative honds. United States 3s have declined % on call since last week. NEW YORK STOCK LIST. Stocks— es. High. Low. Close. Atchison ... 93% 931 93% Atchison pfd . 103% 102% 103 Bal Ohio. 6,800 110% 109 109 Bal & Ohio pfd. Seiis e ... 983G 1387% 1381 138 9213 90 551 “f Chi, Ind & Louis.. Chi, Ind & L, pfd.. Chi & Beast Ill.... Chi & G Western. Chi & G W A pfd. Chi & G W B ptd. Northwestern ep Ty Colo 8o 2d ‘pfd. Del & Hudson.. Del, Lack & West. Den & R G.. Den & R G pfd. > BE s $5833853 588833888 Erie 814 40 Erie 1st pfd.....-. % 081 9y, Erie 24 ptd 3, Biy - 53 5414 Great Nor ptd 193% 192 19214 Hocking Val - 20, 98 o1 oRig Hocking Val pid... 1500 96% 9i° o5 Tlinois Central, 35,4 171 169% 170 Iowa Central ..... 1, 49 49 49%; 1, &8 87 87 3 36% 364 0% PR ... 00k 1,300 o A PR 387,300 151 149% 149% 2,000 lafi“ 134 /fi 700 149 148! 1“& 1,500 30 29 100 a 18 18 100 11214 1125 1i91; 16200 117% 116% 116% 1700 31% 318 314 600 Gi . 6315 63y 4160 11046200 Ont & Western. ... 9,700 Pennsylvania 14900 Reading ... 1300 erw Reading Ist pid. 400 891 863 ey, Reading 24 pfd. 80 T4 TR T T00 80 80 sLes StL &S F isi ptd The rise in Amalgamated Copper | | { | | | | | | | Chi & Alton 314s. | Brunswick Con. - Evansville .. ham St L & S F 24 pta 8, 8 87% 37% i 187% 181% St Paul pfd. 300 194 104 So Pacific . 8,600 60% - 68 69% 1300 40% 40 000 40w % TR LS W, L e e T, St L& Wptd.. 700 30y - 38 Union Pacific ... 10,400 1083% 108 Union Pacific ufd 900 “9250 91 Wabash .. L 1100 31 30% 30 Wabash »fd ...... 1800 47% 47 47 Wheeling & L Erfe. 400 23 23% 233 \Wisconsin Central. 2,100 28% 29 2 Wis Central pfd... 3,200 B51% 5 513% Express Companles— % 205 Weils Fargo . 218 a2 lscellanco: malgamated Cop. 10,700 68% 07% 67 Am Car & Fndry.. 1,100 33 32}‘ 32% Am Car & F ptd 400 02 Y Am Linseed Oil. 24 Am Linseed Oil Am Locomoti Am Locomotf Am Smelting & Ref Am Smelt & R pfd. Anaconda Min Co.. Brooklyn Rap Trn Colo Fuel & Iron.. 881, Consclidated Gas... 14 Cont Tobacco ptd. 1214 1213 1214 General Blectric 186" 188% 185 Hocking Coal...... 2,300 22 214 21 ernl Paper pfd.. Laclede Go8 . o.voi L.ioe o National Biscuit 100 47% 479 National Lead..... 6,200 24 Yo 24% | North American... 700 1241 1221 1221, Pacific Coast 200 3% 3% 73 Pacific Mail . iz 40 People's Gas . Pressed Steel Car.. Pressed S Car nfd Pullman Pal Car. Republic Steel. Republic Steel ptd Sugar Total sales.....505,000 shares. CLOSING BONDS. U S refunding 2s, registered 107% | Louis & N uni 4s.1013, do coup 0715 Mex Cent 4s 8235 | do 3s reg 32| do 1st nc 327 do coup 103% Minn & St L 4s. 1054, do new 4s 32 "I Mo Kan & Tex 45.100 do coup 2151 do 2ds 4 do old 4s do coup W do 5s reg. do coup . . Atchison gen 4s.. do adj 4s. Balt & Ohio 4s. do 334 . do cony 4s. Can South 2ds. Cent of Ga bs. do 1st inc...... Ches & Ohlo 41is. 82 C B & Q new 4s.. 96 114 78..134% ... 1004 C € C & StL g 45.102 Chi Terminal 4s.. 89 Colo & South 4s.. Den & R G 4s. Erie prior lien NEW YORK M Comstock Tunnel. Deadwood Terra. . Horn Silver . . Iron Silver . - BOSTON STOCKS AND BONDS. Money— United Fruit ...11014 Call loans 'Westinghse com. 1055, Time loans 5 Mining— Bonds— : " |Adventure ... Atchison 4s ....1021%|Allouez | Gas 1sts ... .... 99 |Bingham i Mexican Cen 4s * 82yl N E Gas & Coke. 67% Railroads— Atchison ... 5 1103 Do pfd . Boston & Albany.262 Fitchburg pfd Union Pacific Mexican Central. 3011280 Miscellaneous— Santa Fe Copper. 2 American Sugar..133% Tamarack ... ...1T5 Do pfd ........119% |Trimountain . Amer Tel & Tel.163% Trinity Dom I & Steel... 66% [United States Mass Electric ... 40 |Utah ... Do pfd ........ 97%|Victoria N E Gas & Coke. 5 |Winona U S Steel Wolverine Do ptd - 80% LONDON CLOSING STOCKS. Con for money.95 7-16 Con for account. Anaconda . Chesap & Ohio Chicago G W. Chi M & St Paul.102% U405 96 Denver & R G Do pfd Union Pacific Erie ... .. . 0415 Do 1st pfa . 407% Do 2d pfd . 917 Tllinois Central 813 | 48 .. 80% Bar silver, dull, 24 3-16d per ounce. Money, 2@214 ver cent. open market for shorf The rate of discount ihree months' bills is The *: Bank Clearings. 301 8388 01 L1115 1 00| 251 % |Dominion Coal L1085, | . 2%&‘ e (34 lflucmng Val 4145.1091% |Southern Ry 5. ‘TEX & Pac 1sts..120 |Tol St L & W 4s. 82% Union Pac 4s....106 do conv ds. |Wabash 1sts | do 2as . do deb B. | West Shore 4s. INING STOCKS. Leadville Con. Little Chief .. Ontario . Small Hopes ... Standard . Centennial Cépper Franklin .. Quincy N ¥ Central -...169 |Nortolk & West. 6s% Do pf .o 97 Pennsylvania Reading . Do 1st pfd Do 2d ptd Southern Ry Do pfd .. Southern Pacific. 701 1108, rate of discount in the t bills is 234 per cert. in the oven market for 2% per cent. o4 it NEW YORK, Aug. compiled by Bradstreet, shows the bank clear- ings at the principal cf August 7, with the percentage of increase and decrease as compared week last year: Cities— New York Chicago .. Boston .. Philadelphia St. Louls Pittsburg Baltimore San Franc: Cincinnati Kansas City Cleveland .. Minneapolis Indianapolis Providence . Omaha .. Milwaukee Buffalo .. Richmond Savannah . Memphis . Fort Worth Seattle ..... Washington Hartford . Toledo . Portland, Or . Rochester Atlanta Des Moines . Scranton Portland, Sloux City . Davenport ‘Wilmington, Del. Birming) Fall River . Macon ... Little Rock Helena Knoxville Lowell Akron . # 8.—The following _table, ities for the week ended with the corresponding Percentages. Inc. Dec. 3.1 | ever. 4 0 0 i 89 12.2 3,998,907 31.4 3257,280 ... 81 4617246 . 8.3 ..., 1,850,988 ..., 146 8,633,376 £0.7 8,771,178 828 3.540:928 45.6 2,705,952 14.6 2,903,977 26.4 8,670,240 14.1 2,88452¢ 39.3 270,771 2.5 2,048,001 239 2415503 €86 bt 1723, X 1,282.660 .., 10.3 1538188 10.3 .0, e 7 1,029,060 1.1 1,288641 “glp 1,394,231 5.4 1173982 156 é18818 L.l jglf 1,287,380 i 1,662,582 50,0 1,269,257 20.9 1,739,403 40.1 1,140, 685 4 1,010,873 aaee 1,365,138 33.3 1157435 . 214 10181706 35.3 802:808 49 613,000 ~ 18.7 776,370 46.4 592,766 . ..., 703,168 6.8 533, 5.9 696, 82.3 f Wichita . . 564,110 3.0 Springfield, Ti.... 623,822 A Lexington . . 529,528 New Bedford ... 412,417 Chattancoga .-... 523,370 18.0 Youngstown ..... 551508 24 Kalamazoo . 475,232 1.0 argo ... 2 326 Binghamton ..... 122 Rockford 3 25.6 Canton .. & 16.1 Jacksonville, Fia. 3.1 67.8 25.0 Bloomington ..... 28.4 Sioux Falls ©.... 3010 Jacksonville, Ill.. 43.0 Fremont . sase Houstont . 47 | ‘Galvestont ....... Columbus, O.f.... 23.6 . 18.0 . 3.0 2,594,350 376,069 029,796,712 Totals, U Outside N Y. "751,782,990 CANADA: Montreal . ..$19,147953 13.3 Toronto .. 12,672,564 14.6 Winnipeg .. 2.575,908 7T1.1 Halifax 2,061,740 113 Vancouver, B. C Lot 1 712, ; E N E ,003:330 1216 Victoria, 602449 1019 Quebec§ 1,083,067 3.5 Ottawa. . 2,252,300 16.0 Totals, Canada..$42,406,443 i Not_ipcluded in totals because containing other items than clearings. §Not included in totals because of no com- parison for last year. London Market. NEW YORK, Aug. 8—The Commerclal Ad- vertiser's London financlal cablegram says: The activity is growing and the tome of the market 1s brighter. Consols sold at 95%. Americans were quletly firm, with Illinois Central and Loulsville and Nashville buoyant in prices, although dealings wcre on a limited scale. Grand Trunk was strong in dividend tion, 2 The market 1s still borrowing from the Bank f England. A million in treasury bills due in Six months went at 2 15-16 discount. New York Money Market. NEW YORK, Aug. 8.—Money on call was steady at 2%@3 per cent; last loan, 2% per cent. Prime mercantile paper, 4%@5 per cent. Sterling exchange was firm at $4 88 for demand and at $4 S5%@4 853 for sixty days. Posted rates, $4 86 and $4 8834. ' Commereial bills, $4 84% @+ 85%. Bar silver, 523e. dollars, 41%:. Bonds—Governments, States, inactive; railroads, irregular, Condition of the Treasury. WASHINGTON, Aug. 8.—To-day's state- ment of the Treasury balances in the general fund, exclusive of the $150,000,000 gold reserve in the division of redcmption, shows: Avafl- able cash balance, $206,373,571; gold, $103,- 1 Dun’s Review of Trade. NEW YORK, Aug. 8—R. G. Dun & Co.'s ‘Weekly Review of Trade to-morrow will say: Bright prospects In agricultural sections far | outweigh the adverse influence of labor dis- putes which are still retarding trade and manu- facture. Confidence in the future is unshaken, dealers everywhere preparing for a heavy fall trade, while contracts for distant deliveries run further into next year than is usual at this date. Activity has been noteworthy in lumber regions and fish packing made new records. Rallway earnings are fully sustained, the lat- est returns showing an average advance of 3.9 per cent over the corresponding time last year, and 21.8 per cent over 1900. Aside from the fuel scarcity and some conges- tion of traffic, the iron and steel situation con- tinues propitious. | Raw wool is fully sustained at recent ad- vances, the average of 100 grades showing a gain of nearly a cent as compared with the level on May 1. Splendid growing and harvesting conditions have -prevailed in most sections of the coun- try, especially where the larger and more im- portant crops are raised. It is now almost ertain that the agricultural returns will be far | above_the average as to quantity, while the low stocks at the opening of the season are caleulated to sustain prices, and there is little prospect of' a return to the low quotations of preceding years of bumper production. Foreign commerce at this port is still less favorable than in_the same week last vear, exports declining $3,775,690, while imports in- creased silghtly. Failures for the week num- bered -196 in the United States, against 173 last year; 14 in Canada, against 31 a year ago. * - Bradstreet's on Trade. * 3 NEW YORK, Aug. 8.—Bradstreet's to-mor- row will say: Midsummer quiet has gone from distributive trade, and stimulated by really brilliant crop prospects and good prices for farm products, fall business has begun to expand. Buyers are arriving in large numbers at ail markets, and next week promises to see demand further in- creaged. Manufacturing industry, which has been more than usually active this summer, continues well employed. Failures are few and liabilities small. Prices are steady. July rail- Way earnings continue to show 7 per cent gain over last year. Advices from the boot and shoe trade are ir- regular. Leather and hides are very active, however, and skins of all kinds are taken as fast as received. The welght in imported iron is pressing on domestic sentiment, though no perceptible ease i3 vet seen in prices for pig- iron, which is still in active request for next year's delivery. Hardware has had no dull season this year and business is as active as ‘Western machinery manufacturers are reported crowded with orders. Wheat, including flour, exports for the week ending August 7 aggregate 4,244,363 bushels agalinst: 4,318,538 bushels last week and 8,831, 199 bushels in this week last vear. g ‘Wheat exports since July 1 aggregate 22,398, 208 bushels, agalnst 55,032,237 bushels ' last seazon. * New York Grain and Produce. *- * NEW YORK, Augs. 8—FLOUR—Receipt 18,070 barrels; exports, 18,200 barrels, Mar. ket weak and again lower. Minnesota patent $3_60@3 95. L WHEAT—Receipts, 23,983 bushels 154,325 bushels; spot easier. No, 2 re«f,x%?:é elevator; No.. 2 red, T3%c to To%e f. o . b afloat; No. 1 Northern Duluth, 79%c f. o, b afoat; No. 1 hard Manitoba, 85%e¢ f. o b, afloat. Options were Influenced by a violent break in corn and continued favorable crop conditions, developing weakness and liquidation, Closed_T@le lower in face of big expor May, TAK@T5 1-16c, closed at T414c; Septem- ber, ‘72 1-16@78%c, closed at 72%c; December, 2 1-16@73%c, closed at 72ic. HOPS—Firm. _Choice = 1800 crop, 17@18c; Pacific. Coast, 1901 crop, 20@25%c; 1900 crop, 17@18c; ‘olds, T@10c. WOOL—Steady. COFFEE—Spot—RIo, steady. No. 7 ina voice, 5le; mild, steady; Cordova, 8@113c. Futures closed unchanged to 10 points lower, 10,300 bags, including: September, October, $5 25@5 35; De 5 20@5 30; January, $5 25; vebmnry,"flb;;'; March, $5 30@5 40; ‘May, $5 45@5 66; ‘June, §6 50, July, $§5 55@5 60, Fair refining, 2%c; Centri- fugal, ‘96 test, 313-82c; molasses !%\iglr, 28¢; refined was firm. DRIED FRUITS, Tvaporated apples continue moderately ac- tive and prices are nominally unchanged. Common to g0o 10c; prime, 104 @10%c; choice, 11@11%2; fancy, 113%@1zc, Prunes are In falrly ‘good request and the larger sizes are in rather light supply. Prices range from‘8%c to 6%c for all grades. Apricots are in good demand at slightly lower figures. The fruit in boxes is quoted at 8GS%c and in bags at TH@SYc. Peaches are quiet and without special feat-, ure. Peeled peaches are steady at 12@16c and unpeeled are quoted at #G10%c. D e ¥ Chicago Grain Market, CHICAGO, Aug. 8.—The corn pit was filled with bears from the sound of the starting gong. The country was selling and the profes- sionals took an active (Jart on the bear side. For, the past two or three months corn bean bulled o death. To-day the ousiook fas crops could not have been better. Hay and oats, as_well as corn, promised abundant jelds. Even with the wheat market weaken- ing on the prolific season, the general opinion was that the coarse grains were still far out of the natural range with wheat. The open- ing sales to-day Indicated a heaviness in cor Dbut it was some time before the avalanche of sclling orders struck the pit and resulted in a break of 2% cents. Corn came from all quar- ters, both from longs and shorts. Stop-loss orders came out and the millers dumped long stuff freely. Shorts became light buyers, but the demand tor covering did not equal the de- sire on the part of the longs to sell out, and September, Wwhich sold early at 03%@53%c, floundered at 50%c. There was a little reac- tion late, but®the close was very mkbnfltho 2%c lower for September, at 51%c. On the decline December touched 39%e and May 38%c. Bulls were simply terror-stricken. One story went the rounds that the influential bull in- terests had clcs:d out their holdings. Wheat was influenced to a great extent by the weakness in corn. The blg commission houses were sellers freely on the filne weather, big deliveries and bearish crop advices. Re- celpts still kept above last year's figures. There was a moderate early buying by shorts, which steadied prices for a time against lower cables and other bearish influences. When the corn break came, wheat went off in all op- tions. Clearances were poor and augmented the decline. Cash business was at a B premjum—as high as 4c—but the ling pres- sure persisted and most options closed le lower. Business was heavy. September opened 4@Yc to a shade down at (8%@t8%c, sold at 68%,@68%c, broke to 67%c and closed weak, %@7%c down, at €8c. Oats were lower with corn on favorable weather and (good crop advices. September closed weak, %c lower, at 3lc. Provisions were liquidated again by the out- side. Hogs were lower, but packers supported well for a time and helped in an early rally. The coarse grain weakness-brought a late slump and the close was generally weak. Sep- tember pork closed 35¢ lower, lard unchanged and ribs 20c off. The leading futures ranged as follows: Articles— Open. High. Low. Close. % \Vh'.nl:ll\'u. 2— o ah 61y P September 7 s S8 S NE Sy 6% 70 6% September ..... 53 53% 50% by December 41 ay my 4 May .... 39% 30% 38 38% Oats No. 2— September, old. 271 27% 26% 263% September, new. 31! a1 30& 31 December, new 29 29° 28 283 May .. .. 80% 30 29 291 Mess pork, per barrel— September 1676 1685 1650 16 50 October . 1680 16 95 16 62% 16 62% January (1520 1530 1470 14 70 Lard, per 100 pounds— ¢ 3 September .....10 67% 10 80 1065 1073 October . 9 9715 10 10 9 70 9 70 January B850 $60 837% 831% Short rib inds— September 10 35 10 123 10 15 October ........10 00 1000 98 980 Jauuary .......800 800 780 78 Cash quotations were as follows: Flour, easy; No. 2 spring wheat, 72¢c; No. 3, 67@72c; No. 2 red, 68%@69%c; No. 2 corn, 57@b1%c; No. 2 yellow, 50@60%c; No. 2 oats, 28%@3lec; No. 8 ‘white, 35@53c; No. 2 choice malting barley, 56@60c; No. $1 43; No. 1 Northwestern, $i 48; prime tim- othy seed, $5 05@5 10; mess pork, per el, $16 40@16 45; lard, per 100 pounds, $10 (2% 10 65; short ribs ‘sides (loose), $10 05@10 15; dry salted shoulders (boxed), 9%4@9%c; short clear sides (boxed), 11%@11%c; whisky, basis 4f hgn wines, $1'31; ‘clover, contract ‘grade, 6000 ctls, §1 13; 8000, $1 12%:; 2000, 1 12%. Second Sessfon—December—2000 ctls, $1 12% 1200, si A2%; 0000 §112 - May—2000, Reguiar Morning Session—December—10,000 g ctis, §1 11%. May—2000, §1 14%. Regular “Afternoon ~Session—December—12,- 000 ctls, §1 11%: 6000, $1 11%. BARLE ere is no further change In spot grain, the tone being steady. Offerings continue light and the demand is not brisk. ed, Yac; brewing and shipping grades, $5@97%c; Chevalier, $1 20 for standard. CALL BOARD SALES. Informal Session—9:15 o'clock—December, 12,000 ctls, $6%e. Second Session—No sales. Regular Morning Session—No sales. Afternoon Session—No sales. OATS—Continue dull and unchanged. New Black, to arrive, are offering at $1@1 073 per ctl. Arrival of 4700 ctls Oregon white, which are held at $1 30. New Red are quoted at $1@ | 1 123 for common to choice and $1 15@1 173 tor_fancy. CORN—The immense American crop is be- ginning to make jtself felt, and Chicago broke irom 58l4c to 5ligc with heavy liquidation. Crop news continues fine. The San Francisco market rules weak and very dull, small round 1 55, Large Yellow, $1 421%@1 47%: do, $1 42%@1 47%; White, $1 RY] per. ctl. CKWHEAT—Ncmiinal at $1 7592 per BK‘A’I Flour and Millstuffs. FLOUR—California Family Extras, $3 50Q 375, usual terms; Bakers' Extras, $340@ 350; Oregon, $275@3 25 per barrel for family and $3@3 50 for Bakers'; Washington Bakers’, $3@3 50. MILLSTUFFS—Prices in sacks are as fol- lows, usual discount to the trade: Graham Flour, -$3 per 100 Ibs; Rye Flour, $3; Rye Meal, $275; Rice Flour, §7; Corn Meal, $3 25; S ioA T, ickanens. B, 34 gk B ny, ; Buckwhea ur, Clickea Wheat. $3 500 Farine, au Whole Wheat Flour, $3 25; Rolled Oats,: $733 sacks, $6 8538 50; Pearl Barley, $5 50: $550; Green' Peas, 3650 per 100 Hay and Feedstuffs. Bran, Middlings and Rolled Barley remain as before quoted. Hay is reported steady, with local receivers taking care of the receipts. BRAN—$19@20 per ton. MIDDLINGS—$23 50@25 per ton. FEEDSTUFFS—Rolled Barley, $20@21 per ton; Oflcake Meal at the mill, $25@26: jobbing, $26 50§27; Cocoanut Cake, ; Corn Meal, 1@32; Cracked C 50@32 50; Focd $110167 Cottonmesa Meny oo so, izt A Oat, $8 50 Articies— Recelpts. Shipments. Flour, barrels ............ 17,000 10,000 Wheat, bushels . 2,000 189,000 Corn, bushels 72,000 000 Oats, bushels , 000 263,000 Rye,’ bushels . 9,000 3 Barley, bushels . 8,000 On the Produce Exchangs to-day the butter market was steady; creameries, 15@19%c; dair- ies, 15@18c. Cheese, steady, 10%4@llc. Eggs, firmaer; fresh, 17c. Foreign Futures. LIVERPOOL. Wheat— Sept. Dee. Opening . 511 5 10% Closing . I lla 5 lflg Wheat— August, Nov.-Feb. Opening 20 20 Closing . 20 20 Flour— Opening 26 40 Closing . 26 30 New York Metal Market. NEW YORK, Aug. 8.—It is understood that the stocks of spot tin are undér the control of cne concern and while supplies are fairly large, they are at the same time strongly held. Spot to-day was bid up 25 points before the close, final quotations being $28 556 bid and $20 asked. Futures in contrast were weak and lower, August at $28@28 121. In the English market both spot and futures de- clined, spot ending at £126 15s and futures at £124 108, a loss of 7s 6d. The local copper market ruled steady and a fair business was reported, including 100,000 pounds electrolytic for spot and 100 pounds for October, both at 80. Standard spot was finally $11 15@ ake, $11 85@11 95; electrolytic, $11 75@ casting, $11 65@11 ¥5. Foreign copper markets were easier, spot closing at £5% 10s: and futures at £52 125 6d. or at a decjido ot 1s_3d. No changes occurred in the local price for lead. London advanced 1s 3d to £11 2s 6d. Spelter continued firm and unchanged at New York at 45 45, London ruled steady and unchanged at £1i Iron here was qi but. firm, with prices as last quoted. Warrants were nominal. No. 1 foundry, Northern, $§23@25; No. 2 foundry, Northern, $22@23; No. 1 foundry, $22@23; No. 1 foundry, Southern, soft, $22@23. English markets reporfed nominal gains. Glasgow closed at 56s 64 and Middlesboro at b1s 6d. Eastern Livestock Market. CHICAGO. CHICAGO, Aug. 8.—CATTLE—Receipts, 1500; steady. Good to prime steers, nominally $5@8 90; poor to medium, $4 50@7 70; stock- ers and feeders, $2 50@5 25; cows, $1 50@5 75; helfers, $2 50@6 50; canners. §1 50@5 25; bulls, $2 25@5 40; calves, 50@7 25; Texas fted steers, $3 25@5; Western steers, $5@7. HOGS—Recelpts_to-day, 17.000; to-morrow, 12,000; left over, 6500: market 10c lower. Mixed and butchers’, '$6 60@7 65; good to choice heavy, $7 30@7 57%; rough heavy, $6 70@7 15; light, '$6 75@7 35; bulk of sales, $7@7 85. SHEEP—Receipts, 7000; sheep and lambs, strong to 10c higher. Good to cholce wethers, $3 50@: 4 25; falr_to choice mixed, $2 50@3 75: Western sheep, $2 60@4: native lambs, $3 506 6 25; Western lambs, $5 75. ST. JOSEPH. Aus. 8 -CATTLERe- ST, JOSEPH, Mo. 50@8 50; cows ; steady. :f;lgl;bx?g?:, $1 50@6 25; veals, $3@6; bulls and stags, $2 50@S 25; stockers and feeders, $2 75@ i ;IbbGS—Recelptl. 4000; market 5@10c lower. Light and nsm mixed, '$7 12 : and heavy, $7 25@7 53%; bulk of sales, $7 20@7 40. SHEEP—Recelpts, 3400; sheep stroog to be higher; lambs, 10@25¢c higher. Top 1daho lambs, §5 55. Northern Business. SEATTLE, Aug. §.—Clearings, $003,396; bal- '“5;?51(’}\9.3’1:, * Aug. 8.—Clearings, $248,500; 12, 440. M!'"é’fi?i.&n. Aug. 8.—Clearings, $39,591; 4. bl o AUk, 8.—Clearings, $193,025; bal- ances, $45,693. Northern Wheat Market. OREGON. PORTLAND, Apg. 8.—Wheat—Walla Walla, new, 6lc; old, 83c; blue stem, old, Géc, WASHINGTON. TACOMA, Aug. 8.—Wheat, unchanged; blue stem, Gic; club, 2c Foreign Markets. LONDON, Aug. 8.—Consols, 95%; sflver, 24 §-10d; French rentes, 100f 82%c; caranes on passage, nominal, unchanged; cargoes ‘Walla Walla, 28s; English country markets, quiet. LIVERPOOL, Aug. 8.—Wheat, quiet; No. 1 standard California, 6s 814d@6s 414d; wheat in Paris, steady; flour in Paris, steady; French country markets, dull; weather in England, fair_but cloudy. COTTON—Uplands, 4%d. —_——— LOCAL MARKETS. Exchange and Bullion. Sterling Exchange, 60 days... Sterling Exchange, sight. ange, sight. New York Exchange, telegraphio Siiver, per ounce Mexican Dollars, nominal Wheat and Other Grains. WHEAT—There was no change in the for- elgn markets. Chicago declined 1c, being affected by the weakness in Corn. The weather in the North- west was reported ideal and the movement there is averaging above that in 1901. Where the yield is largest the farmcrs are selling freely. The Minnesota crop is estimated at from 60,000,000 to 70,000,000 bushels. The yield everywhere is generally above earlier estimates. A good deal of long Wheat is com- ing out at Chicago. In this market there was a pronounced de- cline In futures, but cash Wheat showed little e r ove the fai h '"n‘._."" or at al n Francisco ra ay §1 1961 11% for No. 1 and $1 223 for extra choice milling. Spot Wheat—Shipping, $1 12%@1 15; mill- ing, $1 17%@1 20 per ctl. 2 3 CALL BOARD SALES. Informal Session—9:15 o'clock—December— HAY—Wheat, $9@12; Wheat and @11 50; Oat, 10; “Barley, $7 50@9: Volun- teer Wild Oats, - Alfalfa, $10@11. STRAW- le. Beans amd Seeds. Beans continue firm, with Pink and Small White leading. The demand for both these descriptions is good. BEANS—Bayos, $2 95@3 10; small White, $2 60@2 70; large White, $2 50@2 65; Pea, nom- inal; Pink, $2 2092 35; Red, $2 25@2 50; Lima, $3 75@3 90; Red Kidneys, $3 25@3 50 per ctl. SEEDS—Trieste Mustard, $2 50@2 65; Yellow Mustard, $3 25@3 3%c for Eastern; Al @2%c; Hemp, Potatoes, Onions and Vegetables. Receipts of river Burbanks were more lib- eral than on the preceding day, but prices were maintained and good stock cleaned up promptly under a steady demand for shipment to Puget Sound and Alaska. Salinas Burbanks and Early Rose continued very dull. Yellow Onions were steady at unchanged prices, receipts being light -and the demand brisk.” Red sold at 40@50c per sack. Tomatoes were steady in the forenoon. but prices slumped upon the arrival of the belated Tver boats, which brought large supplfes. Cucumbers were in heavy receipt and easier. | Summer Squash was a little firmer. The other vegetables were unchanged. POTATOES—FEarly Rose, 30@45c in sacks; Rurbanks from the river, 40@75c in sacks and 75c@$1 in boxes: Salinas Burbanks, 75@90c; VEGETABLES—Green Corn, 50c@$1 _per fack; crates from Alamegs, uzuo% a1 50; trom erkeley, T : Green Peas, ; ‘String Beans, 2@3c per ib, including Wax; Lima, 3@ 4c; Cabbage, 75¢ per ctl; Tomatoes, Toe@$L per box; Dried Peppers, 10c per 1b; Carrots, $1 per sack; Cucumbers, per box: Pickle Cucumbers, $1 per box for small and 65@750 for_large: Garlic, 2c; Chile Peppers, box; Beil, 40@50c; Egg Plant, 40@50c; Okra, 75¢@$1 per box; Summer Squash, 40@ 50c per box; Marrowfat Squash, $15@20 per ton. ; Poultry and Game. Poultry was in ample supply and all de- seriptions moved off fairly well. Hens and large Broilers were in demand and prices were firmer. Yotng Turkeys appeared on the mar- ket and met with prompt sale. Receipts of Game were 21 sacks and prices | showed no change. POULTRY—Live Turkeys, old, 14@15c for Gobblers and 14@15c for Hens; Young Turkeys. 20c; Geese, per pair, $1 25; Goslings, $1 25@ 1 50; Ducks, $2 50@3 for old and $3@4 50 for voung; Hens, $4 50@5 50; young Roosters, $4@ 5; old Roosters, $4 50G3; . $3@3 50; Broilers, $2 75@3 25 for large and $2@2 50 for small; Pigeons, $1 75 per dozen for old and $1 25@1 50 _for Squabs. GAME—Doves 75¢_per dozen; Hare, $1 25 per dozen; Rabbits, $1 50 for Cottontalls and $1 for Brush. Butter, Cheese and Eggs. There is no change worthy of noté in Butter, all dealers, excépt one or two, quoting a dull and weak market with ample supplies. Cheese continues firm. The teeling in Eggs continues weak. State receipts are not heavy, but cold storage offer- ings are liberal and the approach of several cars of Western Eggs is disturbing the mar- ket. With plenty of cold storage and Western stock offering the bakers and other buyers of medium and lower grade Eggs are not giving as much attention to California stock, which tends to produce an easy feeling, even in fine ranch. Prices, however, stand about the came. Receipts were 12,800 Ibs Butter, 744 cases | Kgge and 12,900 1bs. Cheese. BUTTER—Creamery, 25¢ per Ib for fancy, 23%@24c for firsts and 21@28c for secon: dairy, 20@23c; store Butter, 17@20c per Ib. SE—New, llgll%c; old, nominal; Young America, 11%@12c; Eastern, 14@15%4¢ per 1b. EGGS—Ranch, 25c and occasionally 26c for fancy, ’ozgfiuc for good and 22%c for fair; store, 4c per dozen; cold storage, 21@22¢: Western Eggs, 22@23c. Deciduous and Citrus Fruits. The river boats arrived late In the day with large supplies of deciduous fruits and Molons. Trading on the wharf was brisk, but there was a heavy surplus on hand at the close of business. Occasionally a fancy lot of Peaches in baskets commanded a premfum over the | quotations, but the gemeral run of offerings were very ‘rive and had to be sold quickly. Cood Prunes in baskets moved off well, but Plums were a drug. The canners bought up 1108t of the Peaches and Green Plums in bulk, Lut were not buying | At the stores small packages of deciduous | fruit were offering freely and good hard ship- ping stock readlly commanded the top guota- | tions, but there was a ot of poor stock offer- ing that was hard to sell even at bottom ures. Figs were In demand, but there were rone offering. Grapes were plentiful andl ex- tremely dull. Malinda Strawberries were weaker, as offer- ings were liberal and the demand was less brisk. - Other descriptions remain as previcusly uoted. %Prices of Melons and Citrus and Tropical | {ruits were unchanged. The Livermore Herald says: ‘‘Negotiations have just been completed by which a large yercentage of the vine of the Livermore | Valley, aside from those conmected with wi eries, have passed into the control of the Wet more-Bowen Co. for pericds varying from three to five years. As a uniform schedule of prices is included in the contracts, i, e., $30 a ton for white grapes and $20 a ton for. the | biack varieties, it may be safely asserted that | rrosperity Is assured to the grape-growers for years to come.” Commencing on M rowers’ Co- the wharf as scon as the supplies brought the river boats are unloaded. msmmlutms—nzm per chest. STRAWBERRIE:! per drawer for Longworths and $3@5 per ebmt‘leu': Malindas. LOGANBERRIES— —— per B CRLEDERRIES 1@Sc per 1b. UM box_and 35@50c ciate; baskets, 10020, bulk bixes, $968e: ta 'rs, $8@12 . PRI 18— per box or crate for Tragedy; baskets, 15@23c; bulk boxes, 40@50c. PLES—35@60c box for mon, 75c® llAlir cholce and $1 25 for tancy: Crab PEARS—Bartletts, 63@T0c for wrapped “0g80e for larke open boxes. - crates eds D005 Dor bog or PEACHES—0G%0c per box |AUCTION SALES] | B cor ne 1b. ‘";"."l‘s—w:lnuu, No. 1 ehte, "“"_ BY ORDER FIRE COMMISSIONE THE LARGEST SALE OF 2~ FIRE DEPARTMENT HORSES Ever Held In California Will Take Place THIS A SATURDAY, August 9, 1902, Commencing at 11:30 a. m. sharp. OCCIDENTAL HORSE EXCHANGE, 246 THIRD ST.. BELOW HOWARD. msisting of 25 handsome, perfectly trained Horses, weigh- ing from 1130 to 1760 pounds; to be sold prin- cipally to make room for younger horses. This is a rare opportunity for farmers, contractors and teamsters, Besides this consignment will sell 30 other well-broken G. Livestock Auctioneer. FRUIT AUCTION, Commencing Monday, August 11, And Every Day Thereafter On JACKSON-ST. WHARF at 6 a. m., or us soon thereafter as can be arranged, depending on arrival of boats. P 2 23 Carload drivin et gentle ."l. borses just arrived, STEWART'S HORSE MARKET, 721 HOWARD ST.. NEAR 1 -_——— | FAMILY RETAIL MARKET. Butter is a shade cheaper, but Eggs show no change from last week. o Meats are unchanged, but are in larger sup-, Ply In the wholesale markets. The only P in Poultry and Game is the addition of wild . doves to the list. There is nothing mew in Fish. The supply of Fruits and Vegetables com- tinues ample for all needs, and quotations show very little varfation. COAL, PER TON— L Wellington .. 10 00 3 Sairon - g e, : Rosiyn —@ 9 00|Coos Bay.... b Pelaw Main. —@ 9 50/Greta ....... 9087 m’fifmyhfimmfih ETC.— er, choice,sq. ommon Eggs. Do good ......45@— Ranch Do common ... The San Francisco Butchers' Protective Ase soclation gives the following retail prices for meats: A Roast Beef . Tenderloin Stk. Porterhse do.173@: 4| Sirloin Steak. .1234@1: 1 Mutton Chops. Round Steak...10@121 Mutton Stew . Beet Stew - 10/ Roast Veal Corned Beef ..... 8g10| Veal Cutlets . Soup Bones ..... | Roast Pork Soup Meat Roast Lamb POULTRY AND GAME— Hens, each .....| Geese, each ...$1 530§2 Ymmi‘n Roollefl.f - Goslings ...$1 50@2 50 o each .. .75c@$1| Pigeons, pair ...40@50 Old Roosters, ea.30@75| Squabs, pt: pair.. Fryers, each.....30@75 Rabbits, each....1 Broilers, each...30@50 Hare, each Turkeys, per Ib..18@20! Doves, per doz. Ducks, each....50c@$1 FRUITS AND NUTS— Apricots, 1b Alligator, | h Cantaloupes, ea.. Nutmeg Melons Cherries, per Ib. . Currants, drawer . Pecans .. Brazil Nuts . Bananas, doz Cocoanuts, Fresh Figs, Ib..15G20, Grapes, per 1b.10@121; Dried Figs, per Ib—@10' VEGETABLES— Asparagus .. drawer | Walnuts, per Ib..1! ‘Watermelons, ea. 1 5@—| Onions, per Ib... 1@ 3 ‘! 540 Green Corn, doz.15@30 10@—| Mushrooms, Ib...—@3$l > —@10 : - 3@—|Potatoes, per Ib{@1 o - 8@ 8 Parsnips, per dz.10G— - | Radishes, dozen Beets, dozen Beans, white, 1b. 6@— Okra, Green, Jb. . Colored, per 1b. Dried Lima, Green Lima, Ib.. per i _per1b S ..... . S 5@10| Sage, doz nnmAmn 4@ G String Beans, per 2 pound % 4 10 }s\-mmer Squash, 3 Green Onions, d: bunches . Flounders. Halibut . Herring . Maclerel Do ® baskets; in bulk, $10@15 per ton for freestons and ‘10%20 for clings. GRAP] B—Seedhuie'lkfifl per box or crate; other varieties, 40@75c. . MELoNs—Cua&thnp;: “w“..‘ wlp- erate; Nutmegs, 35@! per box; Watermelons, 3150 péx. dozen for small and $2@2 15 for um and \arge. FIGS—Nominal. None afleflnc.:w“‘ re CITRUS FRUITS—Oranges, nos 2 i 1 50 for common, §1 75@2 for choice 1 :::l‘ : for fancy: Mexican Limes, $4@ | 4 50; Ban: 50@2 50 per bunch for New a3 anas, $ Orleans and $1 25@2 for Hawalian; Pineapples, $1 50G3 per dozen. I Dried Fruits, Nuts and Raisins. Peaches and Apricots are weak and not over active. Apples continue to decline. There is no change in the Prune situation. FRUT 5l4c ruling for most of the business; New Pears, nominal, at 6%@Te. : wfimiwiw-m :'a:é?m“ s:m“.n:'.. , 4 : § dc; T0-80n, 3(GA%e; 80-00s, Hiase 010t 2 < X - HAISING Secded, 3-crown, Muscatels, 5%c for for seedless; 3-crown, 6c; softshell, No. 2, 6@Tc; No. 1 hardshell, : No. 2 Te; Almonds, 10%@12c for pa) 11 9@10c tshell 'and 6@7c i1; 1902 Al- for sof! for monds, 1lc for N ils, 1036@10%c for I X L ..a‘m-;.x"&*.‘?a'? '1‘!-:" ;l‘;-: %tn; Pesonc B@7c for ;_Braall . 12@12%e: a berts. 12@12%c; Pecans, 11@13c; Cocoanuts, ; $3_50@5. X HONEY—Comb, 11%@12%¢ for 1 1c fflr'll‘h;:rmbel" 'Il'r"filt‘ H amber exi %@dc; Bflw&fl“m per 1b. Provisions. There was a further break at Chicago yes- terday, the decline in January Pork beingl 8e; 2-crown. 4-crown and . 2-crown, dark, 4o : 4 | very sharp. There was mothing new in this | market, which continued quiet. Mmmw.. hh-m Hides still by the ances, and the feeling 15 weak, though firmi7 ——a Continued on Page Fifteemy, =