The San Francisco Call. Newspaper, August 30, 1902, Page 11

THE SAN FRANCISCO CALL, SATURDAY, AUGUST 30, 1902 11 SUMMARY. OF THE MARKETS. —_———— Local stocks and bonds still quiet. Further decline in Sterh‘ng Exchange. 1Wheat and Barley quicter and easy. Oats show more steadiness, with new white offering. Corn selling better at firmer prices, Rye dull. Sales of mew crop 'Beans at steady prices. Potatoes, Onions and V, egetables about as- before-quoted. Poultry cleaning up well at steady prices. with poor stock. Dried Fruit and Nuts show no change. Provisions still dull and more or less weak. ] Hops steady, with buyers and sellers apart. Wool and Hides as previously reported. Beef, Mution and Pork selling at unchanged prices. Fresh Fruit market . overloaded Fruit Bags lower. Oregon Crop Bulletin. The report of Edward A. Beals, section di- rector United States Weather Bureau, for the Oregon Crop Bulletin for the week ended Au- gust 26 is as follows: The weather during the week has been very favorable for harvesting, but too dry for late crodls, which would be benefited by more rain. | Pastures are now very ehort and feed is scarce: #tock, as a rule, still keep in good condition, &lthough the supply of milk in the dairy dis- tricts continues to shrink. The grain harvest is drawing to a close; in the Umatilla section about three-fourths of the £10p is now in the sack, and the farmers have begun hauling wheat to the warehouses. The yields in this district are disappointing, and in many fields falling short of expectations #bout five bushels to the acre, In the Grand Ronde Valley the crop is an average one. In Morrow, Gilllam and Wasco counties the yields are very satisfactory and generally &bove the average. In the Willamette Valley returns from a few counties are as follows: Clackamas— \\vbu\x 20 bushels, oats 30 w heat below 25 ‘b els, oats 30, barley 25; Polk— oats 25; Linn—Wh 15 !vu- 1s; Lene—Wheat 25 bushels, oats 2K, barley 35, In Southern Oregon but little thresh- ing has vet been done, but it is believed the | yi€lds will be up to the average. Hops are filling out well and the weather conditions bave been excellent for the matur- ing of this crop. Picking will begin the first week in September. Corn is in excellent con- dition; it has been too dry for onions, and this crop is not making as satisfactory progress as Geeired. Potatoes promise well, except in the coast counties, where many fields are blighted, &nd this disease seems 1o be spreading, al- though the dry weather ought to check it. Fruit is maturing satiefactorily, and early epples, peaches and plums are plentiful in the market. Late apples promise to be a falr crop, but not & beavy one. Weather Report. (120th Meridian—Pacific Time.) EAI\: FIE/}\‘(‘]SCO, Aug. 26—5 p. m. £ B £ X E a0 ayng M 10 TETATIONS, wm “opu wonoMI | aoyea g “aamyn; Clear Clear Cloudy Clear 00 ...29.82 84 Francisco.30.02 64 Obispo. 7 30.04 00 00 209 00 WEATHER CONDITIONS AND GENERAL FORECAST. The pressure has risen slowly over the portion of the country. Rain has Northern Arizona and conditions are for more rain in the valley of the rature has fallen from 6 to 8 de- and along the foothills, ported at Flagstaff, ia- light southerly winds in- inds on the coast with the interior brisk westerly ern California—Fair Saturday, possibly rs in the mountains; light southwest zda—Fair Saturday; warmer in western Franeisco and vicinity—Fair e morning and atenigh! ht south- ing to brisk westerl ds. ALEXANDER G. McADIE, Forecast Official. Saturday; FRUIT AND WHEAT BULLETIN. the twenty-four hours ending at § p, meridian time, San Francisco, Aug. m E = Tr gEaef = i EER-E] g, 22 2 STATIONS. 25 %5 g2 g @ e S R g 4 G H : 2 Chico ... .. .93 o . Cloverdale ..... 81 5 Colusa 89 % 60 B 8 2% B Hanford Hollister Independen; King City . 93 = 4 g e 00 100 Z00 00 .00 00 00 06 200 200 200 ‘00 ‘00 ‘00 “00 ‘00 00 00 Sacramento FETANBRAARIUNLZE2RRSLIRR | ~oanyvaaduray, Ban Diego . .00 Ban Francisco 64 .00 Ban Jose ... 84 .00 Ban Luis Obispo. 70 .00 8 57 .00 T4 54 .00 . Btockton . E 61 .00 3 Willows ... 90 53 .00 %= WEATHER AND CROP CONDITIONS, Porterville—Fruit drying progressing favor- ably; oranges eizing tip well. Hollister—Penches and prunes drying slowly on_account of foggy mornings, Newman—Conditions unchanged, Napa—Abundance of fruit and poor drying weather. Livermore—All crops in valley affected by loss of molsture. Stockton—Whiteheath peaches arriving quantities. Santa Maria—Next week begins bean cut- ting; crop possibilities two-thirds of last year, San Jose— turning out well; prunes good quality: peaches drying in good shape. Willows—Conditions unchanged. Colusa—General conditions unchanged; prune crop will be heavy. Santa Rosa—Crop conditions unchanged. Cloverdale—Pears and prunes are ripe. Palermo—Orange trees putting on a luxuri- ant growth; irrigating water abundant. Hanford—Fruit drying slowly on account of cool weather; grape picking for drying slow, ripening slowly, ALEXANDER G. McADIB, Forecast Official. EASTERN MARKETS. New York Stock Market. NEW YORK, Aug. 29.—There was a ‘con- siderable revival of confidence indicated in to-day’s stock market and in the final Gealings the market broadened out- into animation and strength. This was in the face of & rise in epring wheat, which looked very promising, is | the call loan rate to § per cent and a fore- cast of the bank statemept indica in the reserves of nearly $6,000,000. im- mediate prospect in the money market sepmed to be overlpoked on account of reports of the comprehensive plan sald to be favored by the Secretary of the Treasury for expansion of the note circulation of the banks by which it is hoped to relieve the demand upon the lawiul money reserve for use in the circula- tion incident to the crop moving period. It will be remembered that the offer of Secretary Gage to redeem bonds made in April of last | year had resuited -up to the first of January of the present year'in‘ the redemption of | Government bonds to the par value of §58,- 222,180 and on the payment to the money market including premiums of $71,744,542. These disbursements were an important in- fluence jn maintaining the tranquillity of the money market last fail, but the Government's | standing offer proved so attractive that the | banks Dbégan to sell bonds and retire their circulation in the spring as rapldly as the law would allow. This was neutralizing the purpose of the bond redemption so that Sec- retary Shaw withdrew the offer early in March. His efforts to stimulate the note ex- pansion are evidently due to a recollection of the conditions thus caused by the redemption of Government bonds. Prices of the bonds have declined materiaily since the withdrawel of the Government's standing offer. They have risen again since the note expansion plan was | discussed_and to-day the bid ‘prices of the 4 of 1925 jumped 1% per cent, indicating the | scanty floating supply apd the difficuities of bank note expansion. The encouraging effect upon sentiment of the discussion Of this pro- ject was suppiemented by the belief that the language of the circular issued by the South- ern Railway voting trustees could be accepted as indicating the incubation of the project for a Southern. railroad merger. There were the usual rumors also of an early settlement of the anthracite strike. The buying of Union Pecific was attributed to a desire on the part of insiders to encourage conversion of bonds into stock, There were some points oOf- Ir- regularity ¥n the market, the express stocks reacting sharply. American Bicycle' securities were notably weak. Atchison and Canadian Pacific were conspicuous for activity and strength and there were gains of a point or more by many less active stocks, The bond market was firm in sympathy with stocks. Total sales, par value, $3,750,000. The average level of prices for stocks has advanced this week,-but a detalled inspection | of the changes shows them to have been very uneven. A powerful influential _speculative combination hes made determined efforts to | advance prices and to awaken a general specu- lativg interest in the market. Their method was To concentrate thelr buying and manipula- | tion on one stock or some of the Rroup of stocks at a time, proceeding from one to an- other on each successive day. In each day | of the week the business in some one stock has _quite overshadowed the rest of the mar- ket Following the advance there Was in each case heavy realizing, which carried the price back while 8 new point of strength was de- velopt These movements had no- specific new. gevelopment o-account. for. them-and the campaign was avowedly based on the gerneral promise of prosperous conditions for the coun- try for the coming year by reason of abundant crops and undiminished business activity. The movement encountered several obstacles during | the week, but the market offered good resiat- ance to the various reactions as good buying demand developed in the course of the de- | clines. Much solicitude was expressed at various” times over the capacity of the money | market to carry the speculative campaign through the period of expansion in the needs of the circulation, the heavy movement of | funds to the interior reinforcing this feeling. | The speculative leaders, however, professed | confidence in the capacity of the money sup- | ply and the call money rate, by its stability, | helped to bear them out. It was obvious, however, that the rising prices were taken ad. | vantage of at all stages to effect very heavy realizing on the part of previous speculative buyers, An impression was prevalent that the heavy dealings were resulting In the transfer | of holdings from stronger to weaker han It so happened that two of the untoward db- velopments of the week came in the midst of heavy speculative buying in the stocks im- mediately affected. = The reduction of the div- idend on Reading first preferred came while | | Reading was belng bought eagerly in one t> six thousand blocks, with the natural result { of heavy unioading by disgusted speculators, | which turned the whole market weak. The | active advance in Atchison also was checked by the publication of the net earnings for July showing a heavy decrease compared with last year, but the quick relaxation of the heavy selling pressure was very notable in these stocks as in others, buyems apparentiy standing ready to take unlimited| offerings at concessions. The conditions whi use this tendency have light thrown on them by the circular sent to stockholders by the Southern Railway voting trustees explaining thelr ac- tion In deferring the declaration of the div- idend on the preferred stock, which would re- sult in the dissolution of the voting trust. ““The results of the past eighteen months,” says the trustees, “in comnection with railway properties bave revealed the danger to which corporate properties are exposed in the control of their etock being bought up in the market by purchasers not identified with the property or permanently- interested in its development and improvement.” dn.other Words it is de- | sired to avold a repetition of the Northern | Pacific and the' Louisville and Nashville ex- | perlences. The same thing obviously applies to the Reading, in which the declaration of | the full dividend would also have dissolved | the voting trust. The fact that it is con- | sidered necessary to extend the voting trusts in order to continue the present control of these properties. might be construed as ad- mission that the present actual ownership is not sufficient to accomplish this. It may also indicate simply an unwillingness to tie up the large sum of capital which would be necessary to control by ownership and which is known to have proved irkeome in the case of other Profects of combination. The episode 15 highly significant of the urgent demand likely to spring up from one cause or another some- times purely speculative and to attain suf- ficlent proportions to achieve the actual ab- sorption of the control of some of the largest raliroad systems. The high level at which prices are held is due to the same feeling, In addition to the confidence which may be felt in the actual earning power of properties to make adequate return at present price levels, for which the reason fs not clear in many cases. 1In the money market problem in- terest has centered this week upon the ques- tion of what substitute will be offered' this autumn for the relief that has been afforded by treasury department meakures for several years. The Government refunding law, with the bank note expansion included, large in- creases of deposits of Government funds in national banks, purchase and retirement of bonds by the Government have all been re- sorted to, until it is believed the available supply of Government bonds has been swept from the market or reduced to such small pro. portions that any considerable demand lifts the price to a point where it fs unprofitable to use them elther as Security for bank eir- culation or for Government deposits. The large growth In the Government recelpts from customs is proving sufficlent to more than offset the reduction in internal revenue taxes by the abolition of the war taxes. The Gov- ernment’s surplus revenues therefore threaten to make troublesome requisitions upon the money market arain, while the avaliable means of relief are much exhausted. This was the ive influence upon the stock market dvr- ing the week and is expected to be so for the immediate future. Convertible and speculative bonds have been active during the week and have moved in sympathy with their related stocke. TUnited States new 4s advanced 2. the old 4s 1 and the 2s and 8« % and the 5z % per cent as comnared with last week’s nlosing call, NEW YORK STOCK LIST. me S B N m Atchison X i W 114% 113 l;“f Chicago & Altcn 200 000 200 060 Hocking Valley.... 1,200 Hocking Val pfd 100 Hlinois_Central. 8,700 Jowa Central. 88888 : § Norfolk & W prd., Ontarlo & Western Pennsylvania 1 8 BB d FE T O St Louis Swstn pfd 4100 18 51 o sta 700 78 7 St Paul o, § ot St Paul Tol, Bt L & W pf Union Paclfic . Union Pacific pfd. Wabash ... Wabash pfd . Wheel & Lake Erle W & L B 24 pfd.. Wisconsin Central. Wis Central nfd... Locomotive.. Locomotive Smelt & Ref... Am Smelt & R ptd Anaconda_Min Co.. Brooklyn Rap Trn. Colo Fuel & Iron.. 1 Consolidated Gas. Cont Tobacco ptd. General Electric. Hocking Coal. Internatnl Paper. Internl Paver pfd Internatnl Power.. Laclede Gas ... National Biscuit.. National Lead. North American Pacific Coast. Pacific Mail People’s Gas . Pressed Steel Am Union Bag & P Co. Union B&P Co pfd. U 8 Leather.. U S Leather pfd. U S Rubber.... S Steel. S Steel prd. Western Union... Total sales....... 756,800 shares. NEW YORK BONDS, reg . Do 3s coup Do new 4s Do new 4s cou e B4iy Do old 4s re Y Centrai '1sts.1016; Do old 4s cou; Do gen 3%s...107 Do b5 reg .. |N J Cen gen bs..136 Do 5s coup |Northern Pac 4s.104%% Atchison gen 4s..104%| Do 3s . Do adjust 4s... 963 Norf & W Bait & Ohlo 4s...10414 | Reading Do 8%s .. 0415 St L&l Do conv 4s ...114 ISt L & S F 4s, Can South 2ds . Central of Ga b .. 8214 San A & A P Ches & Ohio 4%s.1081; Southern Pac 4 Chi & Alton 334s. 517 Southern Ry bs. B & Q new 4s. 96 |Texas & Pac 1sts.120 ¢ xgaz’?t“l; gen ;A.fi%%‘gul St L & W 4s. 84% con 7s.13 Jnion Pacific 4s..104%, SRR on Pacific 4s..104%, [} c conv 4g .,.112: CCC&St L gen 45.102 |Wabash 1sts .. .120% Chi Term 4s 89% Do 2ds ... ....109% Colo & South 4s.. 94%| Do deb B Denver & R G 45,102 |West Shore 4s...113% Erie prior lien 4s. 90% W & L Erle 4s.. 96% Do gen ds ... 8714 Wisconsin Cen 4s, 9214 Ft W & D C 1sts.114%/Con Tob 4s ..... % Hocking Val 4%s.100 NEW YORK MINING STOCKS. Adams Con . 20|Little Chiet . Allce Breece Brunswick Con Comstock Tun . Con Cal & Va Horn Silver . 11 15/Savage : ++-1 256 Sierra Nevada Iron Silver . 80 Small Hopes . 30 Leadville Con .... 05/Standard 8 45 BOSTON STOCKS AND BONDS, Money— Mining— Call loans ......4 sl Adventure . Time loans «4%@5| Allouez Bonds— Gas 1sts ........ 98 N E Gas & Coke. 67% Railroads— Atchison . Do pfd Boston & Franklin L 10 Boston, Elevated .153 |Isle Royal .13 N Y, NH & H...282 | Mohawk .. 4y Fitchburg pfd ...143%' Old Domini 17 Union Pacific ...112% | Osceola . 55! Mexican Central. 29% Parrot 2o Miscellaneous— | Quiney 25 Amer Sugar 131% Santa Fe Copper . 1% Do pfd . 121" | Tamarack .......150 Amer T & T.....172 |Trimountain .... 94 Dom Iron & Steel 76 nity .... < 11% Mass Electric ... 39 |United States ... 21 Do pid ... Utah .. .21y N E Gas & Coke. . by United Fruit L B4 U S Steel : Do pfd . \ LONDON CLOSING STOCKS. Consols_for Consols for acct.. Anaconda Atchison . Do ptd . Balt & Ohlo. Canadian Pac . Chi M & St P. Denver & R G. 2 0 pfd ...t . . 42 v i Tl Central ......178 |Wabash . . 34 Louis & Nash. ...l Do pfd L4 Mo Kans & Texas 34% | Spanish 4s - 8l Bar silver uncertain, 241,d per ounce, Money, 2%@2% per cent. The rate of discount in the open market for short bills is 2% per cent; for three months bills, 2% per cent. London Market. NEW YORK, Aug. 20.—The Commercial Ad- wvertiser's London financial cablegram says: The markets here were remarkably quiet to- day. The consol account proved to be but little reduced and the contango was stiff. The price ‘was firm, however, at 95%. There is talk .of the early-issue of £5,000,000 local loan stock. Americans were quiet. New York supported Baltimore and Ohlo, Atchison and Union Pa- clfic, and {n the street Norfolk and Western jumped to'a fresh high record at 74%. ok 5. Jothil New York Money Morket. NEW YORK, Aug. 20.—Money on call, firm, at 4@6 per cent. Closing bid and asked, 4@5 per cent, Prime mercantile paper, 5@5% per cent. Sterling exchange easy, with actual busi- ness in bankers’ bills at $4 86.60 for demand and at $4 83.75 for sixty da; Commercial stiver, T2ihe. Sredlonn dollars, 41%c. Government bonds, strong; State “honds, inactive; rafiroad bonds, firm. Condition of the_Treasury. ‘WASHINGTON, Aug 20.—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 redemptlon, shows: Avail! St balance, $207,461,181; gold, $114,- — s Bank Clearings. —_— % NEW YORK, Aug. 20.—The following table, complled by Bradstreet, shows the bank clear- ings at the principal cities for the week ended August 28, with the percentage of increase and decrease as compared With thé corresponding week last year: Percentages. Inc. D g:‘w York icago Boston Philadelp] 8. Louis ttebur, g Baitimore .ooe.s fLoiae - 148 San Franeisco ... 682 1 Cincinnati ....... 17,960, 163 Kansas City e.ee 8.8 Coveland -....... M5 5.8 inneapolis ..... New Orleans ... 282 14.8 etroft . ....usees Louisville s TB84818 BT Indianapolis .i.y §374168 13.6 Providence . 4TIB200 Lo, Omanha. . 6668240 313 Milwaukes 6,044,006 1812 Buffalo 5320416 ... St. Paul . 5,460,080 828 St, Joseph 3,543,728 ..., Denver .. %gg.% gz Richmond 217, g i 8,164,052 50.6 8,073,818 2,858,739 ¢ 4520281 89 .+ 1796288 . 275488 63 Washington . 757, 3 Hartford . 2,000,064 10.0 Peoria . . 2326600 20,2 Toledo . . 3213281 64.6 Portland, Or. .. 2,129,065 14.2 Rochester ....ii LITOIT 1y Atlanta + LeresTL '8 Des Motnes . LOIMT 9.8 New Haven ..... 1405,855 6.9 Worosster ..o LE@OTE | L. ashville . 455,72 X Springfleld, Mass. 1,230,420 7.9 Norfolk ......... - L124678 -, 2.3 Grand Rapids ... 1,066,819 17.9 Scranton 1,183,318 - 5.8 Portland, 1,402,9: 140 Bioux City 1411882 2309 Augusta . 906,663 2/ Syracuse 1,043,1: Dayton, O, 1,223,140 .6 Tacoma, . LuSE04 "3901 Spokane . L L439,085 53.6 Topeka ¢ L2121 6.6 Davenport ....... 1 Wilmington, Del.. 2.3 Evansville *...... 20.7 Birmingham ..... : 201 Fall River . 9.7 Macon ......coeun 27.8 Little Rock ..... 835 Helens . 472,010 ... . 605,961 25.0 $ 410,635 ... s 680,400 -2 Wichita . . 548,727 Springfield, TiL. .. 3,452 0 xington . 453,307 8 New Bedford 395,907 i1 Chattanooga 483,912 8 Youngstown 2, 0 Kalamazoo 9. Fargo . 26.3 ockfor: 1 Canton ,000 38.8 Jacksonville, Fla. 217,998 1.0 Bpringfield, Ohlo.. 3181152 25.1 Chester . 2,14 2817 uiney “oee X Sioomingion woris 247149 1312 Sioux Falls ..... 103600 87.8 Jacksonville, ‘IIL.. 63,0864 6.5 Fremont . . HRW6- :s.s Houston* . 12870285 B38 . L19T000 1218 . 8587800 618 : 83.4 Totals, U. 8..$2,052,306,838 8.1 Outside N. Y. 077,015,138 4.6 CANADA. Montreal . $22,942,081 56.4 Toronto . L 15,0481200 47,6 Winnipeg L 3161000 4501 Halifax . L L500BT0 .i.. Vancouver, B. C. 970433 8.1 Hamilton - E ¢ 24.4 3 £ 7608 - 4.0 < 1msou ,499, ! Totals, Canada $47,980,750 L e *Not included in totals because containing other items than clearings. — Bradstreet’s on Trade. —_— NEW YORK, Aug. 29.—Bradstreet's to-mor- row will say: August closes with jobbing business active, apparently at its height in the northern half | of the countrys and the total volume of the month's operations probably in excess of any similar product In recent years. Active in bringing about this result are the continued | £00d crop prospects. At the South a declin in cotton crop conditions has develoved as a result of hot, dry weather in the southern half of the belt, Beef catile receipts are heavy and stockers and feeders are lower at wholesale, while re- tail prices are expected to follow. Prime cattle are, however, reported bringing full prices. Produce exports are very large, but prices are on the whole quite strong. Rallway earnings thus far have increased, at the present time being 6 per cent larger than last year. Wool is firm and fairly active, with ma- chinery well employed. Leather is strong and advancing at all markets. Western manufac- turers are reported advancing prices of shoes, Lumber is active and firm. Good flaxseed crop prospects have depressed linseed ofl. - The scarcity of coke at the furnaces grows more serious in the Pittsburg and Chicago dis- tricts, and this limits the supply of available Pig_iron and discourages future sales. Wheat, including flour, exports for the week ending August 28 aggregate 5,536,530 bushels, against 5,054,759 bushels last week and 6,607,- 611 bushels in this week last year. Wheat ex ports since July 1 aggregate 38,381,207 buehels, against 57,286,598 bushels last season. Business failures for the week ending August 28 number 140, as against 181 last week, 188 in this week last year, 165 in 1900, 131 in’ 1899 and 164 in 1898 Canadian falures number 20, against 26 last week and 29 a year ago. # * % Duw’s Review of Trade. —_— % NEW YORK, Aug. 20.—R, G. Dun & Co.'s ‘Weekly Review of Trade to-morrow will say: Gradual resumption of anthragite coal mining is encouraging, although the ohtput is not yet sufficient to have any commercial value. Busi- ness conditions are unsatisfactory at the strike center, but reports from all other sections in- dicate unusually prompt revival after the sum- mer vacation season, With exceptionally large operations among dealers in the agricultural region. Notwithstanding some bad weather laxge crops are now practically assured. anufacturing plants are now fully occupled as a rule, the least gratifying reports coming from furnaces that cannot secure coke owing to railway blockades. The transportation prob. lem s becoming serious, as the factor of crop moving is about to be 'added, and, moreover, much coal must be moved by rail that usually goes to consumers by lake and canal, Iron furnaces are suspending production be- cause coke cannot be secured and it is evi- dent that the rate of output at the opening of the new month will show a serious loss. The dry goods jobbing trade reports a liberal distribution and supplies are only moderate in the primary market. Changed conditions in the raw material have accelerated inquiries for cotton goods, buvers seeking figures on forward and placing a fair amount of orders. There is also a better demand to meet Imme- diate requirements and exporters to China are agaln in the market for brown cottons, Siightiy less activity is seen in men's wear, woolen fabrics, but worsteds are in good demand, Job- bers no longer are disposed to wait in foot- ‘wear but place orders freely. Retailers are also pressing jobbers for immediate deliveries of g00ds for current trade. Leather is strong and active, while hides made higher record prices, but tHe market las quieted down, Deterioration from the exceptionally bFilliant early outlook for cotton gave speculators an opportunity to advance options early $5 a bale and the dealings were heavy. cotton was a".":"“"’" advanced, although a firm tone vel S itared or the Week numbered 175 in the United States against 202 last year, and 14 in Canada agalnst 21 a year ago, New York Metal Market. NEW YORK, Aug. 20.—The local market for tin eased 10 points for spot and 50 points for futures, the latter following heavy selling pressure and for wh;: there was practically no demand. November and December were ‘quoted " at $25 75@26 25; spot, §27 40@27 b0. | Grading- of new wheat receipts at that point London also reported easier values, spet and futures declining 15s and closing at £123 103 for the former and £119 2s 0d for the latter. In copper very little change was noted, al- though the tendency continues downward and the tone of the market at the close was offi- clally described as weak. Standard closed at $10 75@11 10; lake, $11 40@11 62%; electroly- tle, $11 25@11 37%, and casting, $11 25@ 11 37%. The movement in the English market was dull and the price there was.lowered 1s 64 under liberal offerings. Spot closed at £51 85 9d and futures at £61 10s. Lead was quiet and steady all around. New York closed at 434c, and London at £12 1s 6d. Spelter ruled steady and unchanged locally at $5 50 and at London £19 2s €d. Iron was steady but quiet and unchanged in the domestic market. Warrants were mnot quoted; No. 1 foundry, Northern, $23@25; No. 2 foundry, Northern, $22@23; No. 1 foundry, Eouthern, '$22@23; No. 1 foundry, soft, $22@28. Glassow” closed at'57s 64 and Middiesboro at 53s. | New York Graiatnd Produce NEW YORK, Aug. 20.—FLOUR—Receipts, 19,200 barrels; exports, 5200 barrels. Qulet but a shade steadier In tome. ‘WHEAT—Receipts, 342,325 bushels; exports, 01,695 bushels. Spot, easy; No. 2 red, 75¢ ele- vator; No. 2 red, %@ib%c 1. o. b. afloat; No. 1 Northern Duluth, 78%c f. o. b. afloat; No. 1 hard Manitoba, S1%c f. o. b. afloat. Options with shorts covering freely. all day, offering slight, showers predicted in the North- west and a holiday season before it, the wheat market was somewhat firmer to-dey and fairly active in the face of Jower cables and a bear- i) lodern Miller report. The close was lower for September and 3}@%c net higher for other months. May, 744 @ib%c, closed T4%c; September, T4@74%c, closed T434c; De- cember closed 72%c. HIDES—Firm. WOOL—Firm. HOPS—CQuiet. COFFEE—Spot Rio, quiet; No. 7 involce, b3c; mild, steady; Cordova, 8@l1%c. Futures closed net 1 to points lower, excent Au- gust, which closed 25 points up, but this had no special significance. Total sales for the day, 130,750 bags, including: September, fl.agg g.ade; October, 5.20@0.40c; December, 5.4 March, '5.55@0.00c; ‘May, 5.70c; June, 5.75¢; July, B.85c. SUGAR—Raw, firm; fair refining, 2%c; cen- trifugal, 96 test, 3%c; molasses sugar, 2%c: refined, ' firm. DRIED FRUITS. BVAPORATED APPLES—Evaporated apples for future delivery are rather unsettied, Octo- ber, products belng. quoted around. (Q8¥c. Spots continue quiet and are quoted at 6@10c for common to good, 104 @10%¢c for prime, 11 @11Y%c for choice and 113;@12¢ for fancy. PRUNES—Spot continue firm, and While some offerings _are reported at 7c, prices stiil range around 3%@74ic for all grades. APRICOTS—Spot are quiet and unchanged at 7%@10%c for the fruit in boxes and 64@ 10c in bazs. n g - PEACHiS—Continue quiet, a small business being reported at 12@16¢ for peeled and 9%@ 10%c for unpeeled. *- Chicago Grain Market. ¥ CHICAGO, Aug. 20—Wheat ruled strong after a momentary easiness at the opening. Cables were weak on brilliant weather and | Minneapolis reported a decline of lc in spot. | also was said to be splendid. Offerings were very light, however, and the fears of freez- ing weather brought a sharp upturn. Calgary | reported the temperature at 82. The local | crowd showed no disposition to sell, save late in the day for profits. Commission houses bought fairly. he market . appeared over- =old from the effects of the bear movement during the last few days of falr weather. Corn | strength had a stimulating effect. September | started %@%c down to a shade up at 69% to | 70c, and advanced to 70%c. Late there was an ! ecasing. off .on profit taking to 70%. The close | was firm, %@%c up to 70%c. Trading was | not heavy. ' Corn felt the effects of the imaginary | frosts even more than wheat, although the | market very firregular. At the start, a | fairly heavy seliing movement developed. Lower cables, favorable crop reports and im- proving receipts were the causes of the siump, Then came fears that the cold weather would swoop down on the green cornflelds. Shorts | were frightened and covered quickly. Trade | became somewhat idle and fluctuations were rather narrow. September closed strong, %c | up at 57%e. | Oats shorts were scared badly at the open- ing. Under the rule of the board it takes white oats of certaln weight to flll_new style contracts, Chicago having very little of that grade. 'Oats were reported badly damaged by rains in Illinois and Towa and this, together with the cold weather talk, sent the shorts scrambling for cover. September closed strong, %c up at 34%e. Provisions were manipulated for an upturn, but without any success. Hogs and corn started out weak and the former slumped badly. ~ Packers supported the market near the end and the close was irregular, Sep- tember pork, 10c up; lard, 10c lower and ribs 27%c higher. The leading futures ranged as follows Articles— Open. High. Low. Close. ‘Wheat No. 2— 70 0% 69% 70% “:2 6715 66% 6714 69 691 69 69% Corn No, 2— September ..... 56% 51% 55% b7y December . 421, 43 42 42% 89% 30% 39% 39% 2% 21 20% 263 331 34 83 B4 Dec., new 301, 308 May' . 30% 0% Mess September 16 85 17 07% 16 85 17 05 October 1720 1695 1715 January 14 8215 1450 1475 Lard, per - September 1055 10 37% 10 40 October . 950 910 955 January 1% §25 8221 822% Short Ribs, per 100 pounds— September ..... 9 9214 10 30 9 921 10 25 October . 965" 987% 065 981 January 760 17 760 772 Cash_quotations were as follows: Flour, steady; No. 2 spring wheat, T0@T1c: No. 8, 68@Tic; No. 2 red, M%@T1%¢; No. 3 | corn._Bble; No. 2 vellow, 02¢; No. 2 oits, 281,@31c; No. 2 white, 45%c; No. 3 white, 31 @37c; No. 2 rye, 50%c; fair to choice malting barley, 52@63c; No. 1 flax seed, $1 41; No. 1 Northwestern, $1 45; prime timothy seed, $4 40; mess pork, per barrel, $17@17 05; lard, per 100 pounds, $10 40@10'45; bs 'sides | (loose), $10 15@10 25; dry rcalted shoulders (boxed), 8% @8%c; short clear sides (boxed), 10%@10%c; whisky, basfs of high wines, $1 31, Articles— Receipts, Shipments. Flour, barrels . 18, 00¢ 10,000 ‘Wheat, bushels 255,000 355.000 Corn, bushels 61,000 186,000 Oats, bushels 347,000 232,000 Rye, bushels . 18,000 20,000 Barley, bushels 25,000 1,000 On the Produce Exchange to-day the Butter market was steady, Creameries, 15@18%c; Dai- ries. 13%4@17%c. Cheese, steady, 10%c, Egss, steady, 17%e, ‘ ——— Foreign Futures. el el . LIVERPOOL. ning - gfiweslfl“ 5 104 510 ‘Wheat— Nov.-Feb. Opening - Closing 20 15 Flour— Opening . 26 35 Closing 26 45 Eastern Livestock Market. CHICAGO. CHICAGO, Aug. 20.—CATTLE—Receipts, 2000, including 200 Texans and 500 Westerns. Market steady to weak; good to prime steers, @8 76; poor to medium, $4@T 25; stockers bev teeders, $2 50@5 25; cows, S1 50@5 50; heifers, 6;_canners, $1 50@2 50; bulls, 50@5; calves, '$2 T5@7 35; Texas fed steers, 5; Western steers, $4@0 85. HOGS—Receipts to-day, 20.000; estimated to- morrow, 10,000; left over, 4000: closed 10c low- - Mixed 'and_butchers’, $6 50@7 40; good to choice heavy, $7 4 50; rough heavy, $6 50@ 7 90; light, $7@7T 45; bulk of sales, $7 25@7 40. SHEEP—Receipts, 4000. Sheep and lambs aull; good to choice wethers, $3 50@3 75; fair ; _native lambs, ; West- ern lambs, $4@5 60. ST. JOSEPH. ST. JOSEPH, Mo., Aug. 29.—CATTLI E—Re- ceipts, 1400. Steady o weak; natives, $4 35 8 80; cows and heifers, SWS 5 60; bulls an. 15; d stags, §2 8; tacitess o "4400; 5@10c lower; ‘ light 90; medium -‘hnd pigs, $3 76@7; bulk of sales, Western yearlings, 45 00 s S, ngs, $4@ |sterially changed, | @1 15 for seed; Oregon White, $1 25; Sale of Sheepskins. LONDON, Aug. 20.—At the sheepskin sales to-day {82,088 Cape of Good Hope and Natal skins were offered. The supply was fair and showed slightly improved quality. There was a fair for Western nce long- wooled and it sold steady at unchanged prices. Eastern provinces sold 3%@%c lower. Short ‘Wooled realized 4 @%c and shorn % @%c lower. Lambs were unchanged and coarse wooled wa in good request at unchanged rates. The at- tendance was good and the, total number of bales sold was 156,180 New York Cotton Market._ NEW YORK, Aug. 29.—The cotton market opened steady at a decline of 1 to 4 points and closed steady at a net rise of 1 to 6 points. Northern Business. SEATTLE, Aug. 20.—Clearings, $553,000; balances, §200,4880 T O TACOMA, Aug. 29.—Clearings, $281,647; bal- ances, $44,479. PORTLAND, Aug. 29.—Clearings, $431,545; PR 20 clocines, 15000 NE. " Aug. 29.—Clearin; ,006; balances, $31,016. = Northern Wheat Market. OREGON, PORTLAND, Aug. 29.—WHEAT—Steady; Walla Walla, 613c; bluestem, WASHINGTON. TACOMA, Aug. 20.—WHBEAT—c higher; bluestem, G23c; club, 0%c. Foreign Markets. - LONDON, Aug. 29.—Consols, 94 10-16; Stl- ver, cargoes on passage, rather easler. O VERBOOL S 29.—wwh uet; N . Al quiet; 0. nia, ag6s 5154 French steady. Fnglish 1 standard California, 6s 434 country markets, quiet but COTTON—Uplands, 5%d. LOCAL MARKETS. Exchange and Bullion. Sterlis hange was lower agaln, but de- mestic rat#s were unaltered. Sterling Exchange, 60 days. $4 84% Sterling Exchange, sight... 481 Sterling Cables 488 New York Exchange, sight. 02% New York Exchange, telegrap 05 Bilver, per ounce 5234 Mexican Dollars, 45% Wheat and Other Grains. WHEAT—The forelgn markets continued dull and Parls futures were lower. Mark Lane re- ported foreign Wheat neglected. English Wheat qulet and all Flour dull. rather panicky feeling at Parls. Chicago was dull, but rather higher on the day. The Modern Miller was bearish. Bra street’s gave the exports for the week at 5, 500,000 bushels. This market was dull and easy, but not ma- mill- Spot Wheat—Shipping, $1 12%@1 15; ing. §1 173%@1 20 per cti. CALL BOARD SALES. Informal Session—9:15 o'clock—December— 10,000 ctis, $1 13%, Second Session—No_sales. Regular Morning Session—December—: otls, $113%. May—22,000, $1 15%. Atternoon Sesslon—No sales. BARLEY—The market was wWeaker again, both on and off call. The demand, too, W: lighter. Feed, 95@97%c; brewing and shipping grades, $1@1 02%; Chevalier, $1 20 for standard. CALL BOARD SALES. Informal Session—9:15 o'clock—December— 2000 ctls, 98c; 2000, 98%a. Second’ Session—September—2000 ctls, 97%4c. December—6000, 98c; 2000, 97%c; 2000,97%c; it Mociies Sauilce—9% wi cgular Morni ession—No sales Afterncon _Session — December—4000 ctls, 97%c; 2000, 97%c. Oats—=Old Oregons are lower, but Californla descriptions show no further decline, and in fact, the feeling seems to be steadier. New White. from Salinas are offering at $1 209 1 22%. Black, 95c@$1 07% for feed $1 05 Red, $1@ 110 for common to cholce and $1 12%@1 15 for_fancy. CORN—The leading holder continues to re- pert_sales of yellow at full figures, with a steadier market and an improving demand, chiefly for export. Large Yellow, $1 35@1 45; small round do, $1 573%@1 45; White, $1 450 11 60. RYE—85@90c per ctl. BUCKWHEAT—Nominal at $1 75@2 per etl. | Rockeod Flour and Millstuffs. FLOUR—California Family Extras, $3 50@ 375, usual terms; Bakers' Extras, $3 40 3 50; Oregon, $2 75@3 25 per barrel for family and $3@3 00 for Bakers'; Washington Bakers', $3@3 50. MILLSTUFFS—Prices in sacks are as fol- lows, usual discount to the trade: Graham Flour, $8 100 Ibs; Rye Flour, $3; R: Meal, $2 75; Rice Flour, $7; Corn Meal, $3 extra_cream do, $4; Oat Groats, $5 25: Hol iny, $4@% 25; Buckwheat Flour, K Cracked Wheat, 50; Farina, $4 50; Whole Wheat Flour, $3 25; Rolled Oats, barreis, %1 33 ;in_sacks, $6 85@8 50; Pearl Barley, $5 50; Split Peas, $5 50; Green Peas, $6 50 per 100 pounds, Hay and Feedstuffs. Thero is no further change in anything. Hay is steady and Feedstuffs are firm. BRAN—$f9@20 50 per ton. MIDDLINGS—$23 50@25 per ton. FEEDSTUFFS—Rolled Barley, $20 ton; Oflcake Meal at the mill, Meal, $30 Mixed Feed, $17@18; Cottonseed Meal, HAY—Wreat, 30013 Wheat and Odt. 48 5 11'50; Oat, $8@10; Barley, $7 50@9; Volun- er Wl Gac: 36 0ms; Alfaifa, $10G1L. STRAW—40@30c _per bale. Beans and Seeds. New Blackeye Beans sold yesterday at $3 65 and new large white at $2 35. Otherwise there is nothing new. BEANS—Bayos, $3@3 15; small White, $2 80@2 75; large White, $2 50@2 63: Pinx, $2 15@2 30; Red, $2 50; Lima, $3 75@3 90; Red idneys, $5 25 per ctl. Ksr-:"?fis—’—'rnuf: Mustard, $2 65; Y;é: Mustard, 50; i lCn:l"llr}'i a)";ge !urnml!;n: Alllg)l. - nominal; Rape, ; Hemp, 3%c per Ib. rgleum‘n‘ PEAS—Nlles, fll 1 80; Green, $140@1 75; Blackeye, $1 60G1 Potatoes, Onions and Vegetables. Potatées and Onlons were unchanged. There was a fair fnquiry for shipping and the mar- ket ruled at previous prices. All ) of vegetables Were offering freely and ‘showed little variation. POTATOES—Early Rose, nominal; Burbanks from the rivér, 35@@0c per ctl; Salinas Bur- ascpn 10 pvr;g; Garnet Chiles, nom- inal; Sweet Fehntou e for Stockton and N NS HEs5: per ol Pickie Ontons, ETABLES—Green Corn, 50c@$1 per ack; crates from Alameda, $1@1 25; from Berkeley, 85@00¢; Green Peas, 31@4c; String ez, oo per chi: Tomatoss: 15@406 - """"n‘-f’.'a pers, 106 per 1b; c.‘rreu',*u per ctl. Poultry and Game. The third car of Western Poultry to arrive this week came in yesterday and met with prompt sale. Arrivals of domestic were light and the market cleaned up well at previous prices, ipts of Game were 36 sacks. Hare and R oare weaker, but Doves soid readlly., T Gobblers an Gy, 510c; Geese, per pair, 50@1 75; Di 52 @3 tor old and $2 50 & 50 ln;'r:{o::c Sm $4 5085 w:“ 5 oosters, i Frye 30@4; Broils $3@3 50 for .nd";'x' "R for smah; Bigeone, $1 -tl: per dozen for oM and $1 25@1 50 for Squal GAME—Doves, T5¢ per dozen: , T5c@$1 per dozen; Cottontail Rabbits, $1 25@1 50 per dozen. Butter, Cheese and Eggs. Strictly fancy creamery Butter is scarce and has moved up another fraction, but the market 1s overstocked with firsts and seconds, which are dragging. Large holders continue working off to who are selling at 37%c a square, which is equivalent to about 26c per pound. There is no change in Cheese. Stocks are slowly Eggs are Receipts Eggs_and B 24%; French rentes, 101f 7T%e; Wheat | Broomhall cabled nl AUCTION SALES B b The sale of MILLER HORSES, also GEN- TLE DI 9 Rrvxlm;, will continue on Monday of D. m. STEWART HORSE 721 Howard street. FAMILY RETAIL MARKET. There is not much change in Dairy Products this week, though prices for Butter have & Wider range, owing to the different kinds of- fering in the markets. Meats and Poultry re- rmllnl-lbfilul’!.lndtblr.u_lltfl.mh Ish. The market {s abundantly supplied with all seasonable kinds of Fruits and Vi which are selling low, b oo COAL, PER TON— Wellington .. 0 00)Southfleld Seattle 8 50| Wellington 0 oslyn ..... 9 00/Coos Bay. 50 Pelaw Main. —@ 9 50|Greta ... 00 DAIRY PRODUCE. ETC.— | Butter, cholce,sq. 50085 Common Bggs ..25@-- | Do good ...... | Ranch Eggs, per ks, each....50c@$1, FRUITS AND NUTS— APAWer ,.....d Baisins, per I rawberries, dra -~ WP ..o d 4@8| Walnuts, per Ib.. Watermelons, ea. 15620/ Do Eastern. dz. Shad ... Striped Bass.... Young America, 12%c; Eastern, 14%4@15c per Ranch, .29¢ for fancy, flm g Egss, EGGS— good and 28@27 for fair; store, dozen: cold storage, 21@23%c; Western 21@25c. Deciduous and Citrus Fruits. Receipts of fruit continued large and the market was overloaded with poor stock. Thers was some Inquiry for choice stock for ship- ment North on the Sound steamer, but as the Northern markets are already well supplied, trading in that line was limited. The local trade was indifferent and buyers crate. Wine pes were 2:’;22 per ton, but found few buyers. The market was badly glutted with Cantaloupes and Nutmeg Melons and it was difficult obtain the top quotations for the very best of- ferings. Berries stood about the same. The canners were in the market stone Peaches and procured quite & per ton. They also bought a_few lots Egg Plums and Bartlett quotatien for the lxctttrqm for some fancy stock from Sonoma County. There was but little movement in Citrus 5 RASPBERRIES—$3@0 per chest. STRAWBERRIES—30G40c per drawer for Lengworths and $3@3 50 per chest for Malin. das. BLACKBERRIES—$2@8 50 per chest. HUCKLEBERRIES—5@70 per Ib, PLUMS AND PRUNES—15@30c per box and 35@60c per crate, to quality; can- ning Plums, e oY APRICOTS 40@000 per box, 002 7br “chotce. and. 90c@ 01 .f\pmlu: 25@30c for small boxes for large. PEARS—Bartletts, 50@75c for wrapped and 20@60c for large open boxes; to canness, Dried Fruits, Nuts and Raisins. All descriptions remain about as before quotsd, and there 18 ©O Dew featurs werthy ° FRUITS—New Apricots, 4%4@6%e for royale and 6@Sc for Moorparks; Evaporated Apples, sun _dried, i Tew Peaches, el Tor pitted; Figs, 3Gl for SR R ;"i"fi" Ber i