Indianapolis News, Indianapolis, Marion County, 6 August 1903 — Page 10

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THE IHDIAHAPOLIS HEWS, THURSDAY, AUGUST 6, 1903.

W'.

HING OF HOGS RENEWED ID EARNEST

m; | ■

WALL STREET WAS ■ UNDER HIGH TENSION

»UT EARLY PEARS OP

WERE DISPELLED.

PANIC

I • p|p|| LOSSES

TURNED TO GAINS

NEW YORK. August B«ntlm«nt In Wall stroet was strong to a high tension this morning, and the opening quotations ; wars awaited with apprehension. They showed that protective measures had been taken to avoid demoralisation, and many of the prominent leading stoclts

were lifted a fraction.

At other points, however, there were violent breaks, especially In the special*

as SSStSLS.'liSfS*

war, Erie and llttnolii Central ehowed the effect of supporting orders and roe# a

irl Pactflo and United States Steel unchanged, but the former reji poIntT Oitlcaao & Northwestern 1 4, Wheeling A Lake Brie second ed 3%, Continental Tobacco pre3, Brooklyn Transit 1%, Atchison, - - — ■ — * —tolitan Street

and ConaollU Electric

and

the good

ic” c fk>T2i^::::: 5^ K. C. Southern pfd.. 36 L- A N Mexican Central ... Mexican National . Mo., Kansas A Tex.. 17 Mo.. K. A T. pfd 86 Missouri Pacific — 90 N. Y C A H. R.....m N. Y., O. A W 21 Nor. A West 63) Pennsylvania 120\ Phi la. A Reading... 464 P . A R. 2d 66 P., C.. C. A St. L. f 1 * i* £ f! - Sv St. I* A S. W St. L. A 8. W. pfd... 26 Southern Pac 40 Southern Ry Southern Ry. pfd Union Pacific 6» Union Pacific pfd.... 84% Wabash pfd 23% W. A L. E 14% W. A L. H. 1st 46% W. A L. E. 2d 26 Wls. Central 16 Wls. Central pfd.... 86% Miscellaneous— La Simitod! 1»| Western Union ...... 82 Call Money 2%

Bonds—

Burlington Joint 4s.. 88% ICont. Tobacco 4s.... 62% Colo. F. A L Es 77% 8. R. A T. 5s 77% t Unlon Pac. conv 92

36% 37 111 114

rob. deb. B..

Baltimore A Ohio and Metropoli Railway more than a point.

Chicago Stocks. [By Albert R. Thompson A Co.’s Wire.]

—August

Outpouring of Special Stocks. The market was nervous throughout the

first hour, owing to the occasional outpouring of,special stocks, which carried their prices .through previous low levels for the year, but the supporting tactics were pursued and the market became

or. Belling'was conspicuous In MisPaoific and Baltimore A Ohio, carry -

Name.

American Can .. . American Can pM Diamond Match

Open. High. Low. (

Nation.! BJacult .'*2* ’2* ’2% i&fff S”” 1 ’.."'”.::::” .S' A United Box Board t% United Box Board pfd.. 17% 17% 17%

CLOSING PRICES WERE GENERALLY TEN CENTS LOWER.

CATTLE DULL AND LOWER

Receipts to-day 11,500 hogs, 1,100 cattle and 1,000 sheep, against 4,688 nogs, 1,143 cattle and 471 sheep a week ago, and 3,231 hogs, 779 cattle and 569 sheep a year ago. After many days of comparatively high prices and no material Increase in the receipt*, the marketing of hogs has again begun in earnest, and with the receipts to-day. the largest in over two weeks, there h also a gain shown for the tour days this week over last. Buyers, of course, have been waiting for an opportunity to get their supplies at a cost nearer in line with prices prevailing in other markets, and the early bids to-day for the bulk of the supply was right around 10c lower. Prime Light Hogs Scarce. On account of the continued Scarcity of prime light hogs, however, buyers were forced to pay about steady prices this morning to complete a few urgent orders. It was evident that the supply was large enough to meet all requirements, and consequently buyers were rather independent, but at that their bids were not unreasonable, and a basis for operations was established early. In a general way, the good medium to heavy hogs, which represented the bulk of the supply, sold at the start fully 5c lower, with occasional sales showing 10c decline, and the supply being enlarged by late trains, the market developed more weakness later In the day and the last transactions, especially of heavy grades, were generally 10c lower than yesten’sy. Aa an example of the high prices prevailing here there were no sales yesterday below 13.50, several loads sold at 36-80 to 16.90 and the bulk of the supply was at 36.50<@6.76, while in Chicago the average of the day was 46.35 and the bulk of the sales were at [email protected]&. Such condition*, of ooursa, are Unnatural and with continued ample receipts it is only a question of time until the market here will again be In its normal position as compared with other places. All buyers were In the field and about the usual clearance was finally made at current prices. Sales ranged from [email protected] and the bulk of the supply sold at 36.4&86.70. j

GOOD NEWS FROM THE CORNFIELDS Indianapolis is beginning to hear the results of the recent rains on the corn crop of the State, and the news Is good. The copious rains have greatly improved the outlook for the growing corn, and farmers are much encouraged over the prospects. Rains have fallen at Intervals in such manner as to do the most good, and the higher temperature and increased moisture are causing a rapid recovery from the early retarded growth. The whole central, southern and northern corn belts have been benefited. and a late fall, with frosts delayed until October, will measurably repair the injury of the backward spring. . Reports from various localities to The News reflect this better outlook. Until this week farmers were reluctant to offer old corn, while holding considerable stocks ultimately intended for pale. Offerings are now fair. A Martinsville shipper reports free offerings. An Indianapolis jobber reports a ten-thousand-bushel purchase on the J.. M. A I., in Bartholomew county, where ten days ago there was nothing for sale. Captain William Akin, of Hope, who was In the city to-day, says that the outlook in the northern part of Bartholomew and the southern part of Shelby county is fully up to that of ‘last year. William Kading, of Bhelbyvllle, says the rains have decidedly bettered the outlook. A grain dealer Just returned from a trip to Anderson, says that Hancock county and south Madison county disclose a fine outlook. Rush county reports say the greater part of the corn is In fine condition. J. W. Wilkinson, of Knlghtstown, says prospects are fair, there having been no lack of rain during the season. Reports from Hendricks are less encouraging as the rains were not so timely, but even there improvement is shown. While many localities will hardly recover from early unfavorable conditions, the general outlook is vastly better than ten days ago. A CATCHY ART POSE EXHIBITED AT PHOTOGRAPHERS’ CONVENTION

tndlgnapolla Clearing*.

Selling'eras conspicuous

Iflc and Baltlmere A Ohio t them 1% under last night. Atchison

lost aa much and Union Pactflo declined Metropolitan Street Railway lo«a %, Continental Tobacco preferred 1%, Dela-

Hud-O^HOC^ V.U.y |t pre-

1 Gas. Pullman and. Republic Steel preflerred 2 to 8 points, and

extended the list'a point'or more.

Roae with Animation.

With the announcement that all sheets had passed the Stock Exchange clearinghouse the buying became definitely predominant over the selling and the market rose with animation. Only stocks that had been notably weak felled to recover fully. Such leaders as St -Paul, the trunk lines (except Baltimore A Ohio), Southern Pacific, the Wabaaha and the Southern group Of railroads, United State# Steel, Amalgamated., Bug*. General Electric and a miscellaneous list besides, rose above last night. Wabash preferred, St. Louis, Southwestern preferred and Kan-

sas A Te:

Clsartngs

••••aa #••••♦•

August 6. July SO.tl.0M.TW IS 31,016.091 96 . 114,706 90 299,419 19

U. 8. Bond* in New York. —August 6.—

10:15 I

Bid.

...........,10614

2s registered

2 'ii#::::::® 3a coupon. 1908 1064 3s email bonds 106% 4a registered. 1907 109% 110% 4s coupon. 1907 106% UO^ 4s registered. 1926 134 136'

4e coupon, 1926.... 16s registered. 1904.

6e coupon, 1904.

.District of Columbia 20

egisiereu, J.*»......ie* iso i M iti, oupon, 1926 ...134% 135% 134% 135% sgiatered. 1904 101% 102% 101% 102% aupon, 1904... 101% 102% 101% 102%

2:17 p. m. Bid. Ask. 106% 107 106% 107 106% 107% im2 10TH 109% 110% 109% 110% 134 136

1M< 581 120

No.

77 hogs 86 hogs 61 hogs 42 hogs 64 hog* 79 hogs 52 hogs 25 hogs 73 hogs GO hogs 2G hogs 62 hogs 66 hogs 61 hog* 114 hogs 37 hogs 39 hogs 69 hogs

Representative Sales.

Average. Dock. Price.

»Jeeeeeee««

,.7 I*

uthwestefn preferred and

_ Texas preferred rose a noint over San Francisco second preferred, and of 2% In Minneapolis, St. Paul and Sault Ste. Marie preferred. On the rally the demand diminished to small proportions Atchison th«n sold off 3% below last night. Reading 1%. and the whole list yielded again.

Bonds were weak.

thort-LIvsd Decline. Selling was resumedton.a large seal* and about a dosen of the leading stocks yielded to a lower level. The deeflne was short-

NEW YORK.

cant lie papeft f - ■

Change steady at decline, with, actual business bankers’ bills at 485.45(^136.60 for demand,

t 46*0488.03 for sixty-day bills; posted

494 and 41

433%; bar silver,

BERLIN, August 6.—Exchange on Lond 38f; STpfge tor checks. The rate of discount short hills. 3% per cent.; three months’ bl

There wa*

of which one. A

prices, < former

Cloaad at Top Leval.

ther

er upward rush of top.level exceeded the ep. Union Pacific and 1% to 1% over last

feew York Central ana W eating house E An encounter wife; profits on the day’s

do* ■ r

dull

tta^roae^an extreme 3% traders selling for the

. . _ rise turned prices

wnward. Atchleoa,reacted a point. The llness on the, reaction marked the

The Money Market. 6.—CBose: Prime merper cent.; sterling ex-

. ,... r " in bankers* ml

and at 4330488.03 for elxty-day bills; poet« rates. 484 and 486%; commercial bills. 482%®

r, 54%c; Mexican dollars, 42%c.

London,

it for

MW, —,% WMW , Vi,, ■...... I | biilS,

3% per cent

LONDON, August 6.—Money, 1%92% per eeut: The rate of discount In the open market for short bills is 2%02 7-18 per cent. The rate of discount in the open market for three months* bills Is 2%®2% per cent. Bar sliver, steady, 25%d.

Treasury Statement.

WASHINGTON, August 6.-To-dsy’s statement of the Treasury balances In the general fund, exclusive of the 3150,000,000 gold reserve in the division of redemption shows: Available cash balance,

$230,906,816; gold, $100,669,198.

National bank notes received to-day for redemption, 3786.482; Government receipt* from Internal revenue, $780,912; customs, $1,113,812; miscellaneous, $51,854. Expendi-

ture*, $1,710,000.

Bank of England.

LONDON, 'August 6.—The weekly statement of the Bank of England shows the following change* from the last report: Total reserve, decrease, £1.396,000; circulation, Increase, £284,000; bullion, decrease, g1,063,685; other securities, decrease, £1,700.000; other deposits, decrease. £2,384,000; public deposits, decrease, £660,000; notes reserve, decrease, £1.268,000; govsmment securities, decrease, £4,000. The proportion of the Bank of England reserve to liability this week Is 49.39 per

against 49.46 last week.

73 hogs 220 29 bogs 290 48 hogs 206 84 hogs 229 65 hogs ....J 251 88 hogs 262 66 hogs j 226 90 hogs .....j 240 43 hogs ........ 261 60 hogs .... 1 278 40 hogs f 1 240 48 hogs 1 262

40 hogs ..

, A clear type of photographic art, with rare tones, that Is part of ax-Presldent J. George Nussbaumer’s complimentary display. .

....

No Improvement for Cattle. The conditions In the cattle market were not perceptibly changed to-day. There

a continued steady demand for the well finished cattle qnd sates

was

aHHH fiat, HHHHHHHHHQH of that class i were at steady prices, the market for all other grades, however, continues exceedingly dull and unsatisfactory. It is extremely difficult to find an outlet at any price and sales of the common to medium offerings are still so irregular that An accurate estimate of the

market can hardly be made.

It 1s generally agreed tat prices are considerably lower than a week ago, and

a*a

fed enough

for

doubt salesmen would be willing to make further concessions if they could find an outlet for all the supply. Probably the poorest sellers are the steers that are not quite fat enough for killers and cows and

heifers that have not been

grain. There was very little demand --- feeding cattle to-day, and hardly enough sales were reported to show the true condition of the market. The bull market was the poorest for some time past, there was very little demand from any source and only a small part of the supply could be sold and only at considerably reduced prices. Buyers were not inclined to pay over $3.60 for any kind and were buying quite a number under $8.00. The calf mar-

ket was steady.

Representative Sales.

cent..

_ __ ___ vidfgssfefe, aawA the closing was active and strong and

generally at about* the top level. Lowes Tutmod to Qalno. J

The more stable ■condition of the market prompted* largo buying for both accounts which turned the early losses of 1 to 3 points Into similar gains. 8t. Paul and New York Central wore lifted 2% above yesterday's close and Erie, Louisville A NashWlle, Norfolk & Western, Ponnpylvanla. Southern Pacific, tho Wabash stocks. Southern Railway stocks, Amalgamated. United States Steel prelerrcd, dmeltinW preferred and VlrglnlaJarolln* Chemical a point or over. Cloth A.—mericans advanced 8%. Rub-

id* S and Cleveland, CoCtndnsiati A Jt Louis A St. Louis A Western d«T Hocking Valley 1%.

Paul cost It a point of market ran off In up again when Mls91%. The losses In

Continental Tobacco preAfichtson were mostly recov-

(By Albort R Thompson A Co.'s Wire.] Nsme^ Open.Hlgh-Low.Cloee.

Bank of Franca.'

PARIS, August A—The weekly statement of the Bank of France shows the following changes: Notes In circulation, decrease, 43^76,000 francs; treasury account, current decrease, 67,156,000 francs; gold In hand, decrease, 4,226.000 francs; hills discounted, decrease, 230,626,000 francs; silver In hand, increase, 885,000

rrsne®#,

New York Cotton. NSW YORK, August A—Cotton—Spot, quiet; middling uplands, U.75c; middling gulf, 13.00c; sales, 1,508 bales.

Whisky.

CINCINNATI, August A-Whlsky-Dls-^Uters’ finished goods steady, on basis of Indianapolis Produce

BOGS—Steady at lie.

POULTRY—Fowls steady at lOo; spring chickens, strong. Uc; roosters. 5c; turkeys. 10c;

old tOIXUls 9o*

IUTTKR—Country, steady at Uo a pound; selling State creamery at Ro; Elgin,

for 19*160.

ices: Imported Swiss, 30c rise, new Uc, old lIcTwle-

constn cream. 13c; New York Cheddars, 13c; do-

meetlo Urn burger. Uc; brick. 14c.

No.

19 steers 18 fancy Hereford 22 steers ........ 17 steers 16 steers 18 steers ;.. 20 steers 15 steers 21 steers 14 steers 26 Texans w. 2 heifers ••».««.. 7 heifers •«•«..,» $ heifers ...... •* 6 calves 8 calves i. 4 calves 3 calves i. 7 calves J. 2 calves 2 calves 16 calves 4 calves J. 3 calves (. 3 calves 2 calves .......... 2 calves 8 calves.. j, 8 calves 3 calves 4 calves 10 calves

Average. Price.

• Vet

.1,386 1.330 1,212 1.269 1.001 1,047 1,018 1,028

900 904 690

........ 1,140 1,186 U62 :::::::: l:S »••«•••• IgXlO xm :::::::: u» • •#•••«« ck>u 200 140 !!!.*!!!! 123 128 ' 110 326 268

3 40 3 %

BUTT lobbem

BOTTfRINE—Selling CHEESE—Jobbing pric # pound; domestic 8wls*

Loco. pfdK 8. A Re. .

75% 81

Am. 8. A R. pfd”. Am. Sugar Re. .

Poultry — 10c; tur-

Butter 13®16c.

£§§ ■

ruL 1 ; i T::™.; e 1 §• leather......... 7 u. I s&i "."L3

93%

8T. LOUIS. August 6.

Steady; chicke keys. ISc; ducks,

—ftuiet; creamery,

Eggs—Higher;

CHICAGO, August 4. — Butter — Steady; creameries, l4W#%o; daisies, 13%fflTa Eggs —Steadier, at mark, caste Included. naiSc Chteee—New, steady; daisies. U£ll%c; twins. 10%©Uc; young Americas, UHffUc. Poultryload, firmer; turkeys, Uc; chickens, 130U%c. NBW YORK. August 6.—Butter-Receipts 6.795 packages: steady; Stats dairy. 14Qi7%ci extra creamery, Uc; creamery, common to choice, UffllHc. Cheese—Receipt* 8.035 packages; steady; State, full cream, fancy, small ■ 10%c;-small, whit* 16%c; large, color- >; Urge. white, 10c Eggs—Receipts

Lower Prices for Sheep.

The sheep and. lamb market was again liberally supplied to-day and with & smaller outlet for local account, salesmen

market all week, however, were final!v persuaded to buy some to-day, ahd at the close a good part of the supply bad changed nands. Prices for lambs, with the exception of a few sales to butchers, were

■■■■ ■I. _ If fe time. There were no full loads of lambs reported above $4-50 to-day and the best fat sheep could not be sold above $3.00.

Fair to good butcher bulls 1 50® 3 75 Common to fair bulls 2 00@ 8 25 Hog*. Beet heavies, corn-fed, 240 lbs. and upward •••♦6 40®5 50 Medium and heavy mixed 5 40®5 *0 Good to choice light, 130 to 160 Ibe.... 6 70&5 90 Common to good light. 130 to 180 lbs.. 6 66©6 70 Best pigs, 100 to 120 lbs 5 60®5 76 Light pigs 6 25f6 50 Roughs - 4 60#u 00 Bulk of sales 5 45@5 70 t Sheep. Good to choice lambs $4 25®5 00 Common to medium lambs 3 M®4 06 Common to best yearlings 3 00@S 75 Good to choice sheep 2 75®3 00 Common to fair sheep.., 2 <Km2 60 Feeding sheep 2 00®2 75 Bucks, per 100 lbs 1 00®2 50 Other Live Stock Markets. SOUTH OMAHA, August 6 —Cattle—Receipts 11000 head; market steady and lower. Hogs— ReoelpU 5,600 head; market stronger. Bheep— Receipts 8,500 head; market steady. CINCINNATI, August 6.—Hogs—Active and lower; butchers and shippers, |5.60; common, »4.00®5.25. Cattle—Steady; fair to good shippers, *4-40®4.85; common, 82.36®! 65, SheepDull at *1.35®3.25; lambs strong at [email protected]. EAST LIBERTY, August 6.—Cattle—Reoelpu light, with a few hold-overs; market unchanged. Hogs—Receipts 1,560 head; heavy, 66.65(&5.70; medium. |6-20®6-25; pigs and Yorkers $6.25®6.35. Sheep and lambs—Receipts 1,000 head; sheep, select. »4M down; lambs. |8.50 down; market steady. ST. LOUIS. August 6.—Cattle—Recsipts 4,600; market steady; beef steers. 33.6006.36: stocksrs and feeders, 32.3003.90; cows and heifers, 62-2S ©4.60. Hogs—Receipts 4.500; market steady; pigs and light* 85.3005.70; packers. 36-1606.56; butchers and best heavy, 35.3605.65. Sheep— RecelpU 1,500; market slow and easy; native* 33.2603.75; lambs. 34.0006.60. KANSAS CITY. August Cattls-Recelpti 8,000; market weak; native steers, 3S.80©5.86; native cows and heifers, 31.5006.10; Stockers and feeders. 32.8004.25; bulls, 32.9»O8.00|_calvss, 32.0006.50; Western steers, 32.7504.86; Western cows. 32.0003 25. Hogs—Reoelpu 8,000; market steady, closed weak; bulk of sales, |5 1005.36; heavy, $5.0006 20; packers, $5.0606.30; medium, $5 1005.26; light, $5.1505.40; yorkers, $6.360540; pig* 35.1006.42%. Sheep—Receipts 3,000; market lower; muttons. $2.8004.75; ewss, $2.85; lambs. $3.0006.75; range wethers, 32.S5O4.70. CHICAGO, August *.—Cattle—RecelpU 9,000 head, Including 1,000 Texans and 600 Westerns; market slow and steady; good to prims steers, $6.2005.60; poor to medium, $3.66|jM.90; Stockers and feeders, [email protected]; cows, fl.60® 4.50; heifer*. $2.0004.76; canners, $1.5002.66: bulls, $2.0004.26; calves, $2.5006.11; Texas-fed steers, [email protected]; Western steers, $3.5004.50. Hogs—RecelpU to-day 24,006, to-morrow 20,000, left over 3,805; the, market Is 6®10c lower; mixed and butchers, [email protected]; good to chotos heavy, $6.2506.50; rough heavy, $4.6505. M; light, $5.3605.70; bulk of sale* 95.15® 5.40. Sheep—Receipts 8,000; sheep and lambs steady*, good to choice wethers, $3.60®4.00; fair to choice mixed. $2.5003.60; Western sheep, $1.25© 6.96; native lambs. $3.2506.00; Western lambs, $5.0005.75. St. Louis Metals. ST. LOUIS, August 6.—Lead—Dull. 4.10 CH.12%c; prompt shipment. Spelter steady, 5.R>c. St. Louis Wool. ST. LOUIS, August 1-Wool-Steady; Territory and Western medium. l*%013%c; fine medium, 14%@16c; fine, 13%©16c.

AN OFFICER OFJHE PHOTOGRAPHERS' ASSO.

ages; s 7.611 pa

■SST.

; firm:

fancy mixed. He; State and Pennsylvania, ends to first* 16©19o; Western extra* 19020c;

Western seconds to first* 1«®18%c.

Poultry—Live, irregular; Western spring chickens. lB%c: towls, 14c; turkeys. Uc; dressed, Irregular; Western broilers. I4@15c,

fowls, lie; turkey* 13016c.

Representative Sales.

36 lambs ..; 70 6 25 15 lambs 72 5 00 59 lambs ......«•.«(««.•.«.••«.« 99 4 50 72 lambs ! 58 4 00 25. lambs 45 3 60 50 sheep 112 3 00 30 sheep 125 3 25 9 sheep ! 117 2 85

*m FjrtwrtvMia,iJ ^ IS

mt&s-i 5 s i s Canadian Pacific ....120% 122% 120 122

UC • s * as.*** • a • ssse «F A. vysseeessaseee IWi

THE OIL BULLETIN.

-Lima Oil Shipment* August I.—

fls-

; * * * ’ * * *|

•••assess*

/ <••*»•• %**•••••*«,«•••

ifc

Indiana pipeline Buckeye pipeline

Total .... ...,».•»«« ......

Previously reported

Total August Daily averags -Lima Oil Runs. August L—

Indiana pipeline . Buckeye pipeline

Total .... ...

Price*.

24.969 4*560 66,549

..107.652 ..177.901 , 69.1*0

19.729 13.263 37,981

43% 129% 129

Corntng^ottT 31.*6; Newcastle oil. $1.43;

house. $LM; North Lime. $1.13.

from Oil City. Pa., to-day

oil. $1.71: Pennsylvania oil,^$L5S;

Cattle.

8T&SR&-

Good to prime export steer* 1,200 to 1.M0 lbs. average $

Fair to medium . export

1,300 to 1.500 lb*, average

■ », i

steere A

250 lb* and up-

4 750 5 4D 4 250 4 90

steers.

4 400 6 00 4 600 5 00 9 750 4 4000 426

Plain fat steers,

ward Good to prime butcher 1,000 to 1,850 lbs.; average..

Plain 1.000 to 1.250-lb. steers Best feeding steers. 900 to 1.100

lbs J..............

Medium grade feeding steer* 800

to 1.006 Urn.. .. J. Good stockers. ...j. Common to fair stockers

HEIFERS— !

Good to prime heifers .. ....... Fair to medium heifers

Common heifers

COWS- i prime to fancy export cows Fair to good butcher cows... Canners and common cows .. Good to choice cows and calves.. 25 i Common to medium cows and calves.. .. 29 00025 00

VEALS AND

Good to choice light veals 6 060 0 X Common to good heavy calves .... 2 600 4 60 Good to choice fat bulls.. ........ S 000 S 60

GEORGE G. HOLLOWAY, Terre Haute, Secrtary of National Association of Photographers.

PHOTOGRAPHERS ELECTREIVES AS PRESIDED!

ANDERSON MAN HA^ NO OPPOSITION TO-DAY.

NATIONAL SALON IS TABLED

C. R. Reeves, of Anderson, was elected president of the Photographers’ National Association this morning. For years be has been the leader of the Indiana association. Charles W. Hearn, of Boston, president of the New England Association, was elected first vice-president, and C. J. Van Deventer, of Decatur. 111., president of the Illinois Association, was elected second vice-president. George G. Holloway, of Terre Haute, was re-elected secretary and treasurer. Frank B. Barrow* of Boston, continues in office. All elections were by acclamation and were on the recommendation of the nominating committed There was a lengthy contest among the representatives of different cities that were candidates for the convention next year. Eight cities were placed la nomination. By a heavy vote a motion to permit the dealers and supply houses making displays at national conventions to vote on the convention city was defeated. St. Louis won out with 237 votes, Minneapolis was second with 33 vptes. Chicago and San Francisco each received 16, Put-lp-Bay 0, Sacramento 2 and Louisville, Niagara Falls, Asheville and a few other cities received one vote each. The officers submitted their reports. The reports, however, were six months old, and did not indicate the present condition of the association. It Is announced that the association now has approximately $6,000 in its treasury and a stanch and active membership numbering 800 photographers. who represent over thirty States and several Territories. Proposition for National Salon. On the first round, this morning, the national association received and tabled the proposition made by the Indiana Association to co-onerate in erecting and maintaining at Winona lake a permanent photographic art salon—the first of it* kind in the world. C. R. Reeves presented the proposition, together with an offer from Winona Assembly, to deed to the association a 81.500 lot, to contribute the old Cyclorama building material, to maintain the institution summer and winter, to pay half of the cost of building the structure, and in other ways to support the national art salon. Mr. Reeves said that the Indiana photographers had raised about $500 by personal subscriptions and that $500 more was needed. He asked that this be voted by the national association or subscribed by individual* By a misunderstanding the proposition was tabled. It will, however, be brought up again by President George Parrott, of the Indiana association. This Afternoon’* Program. There was so much business at the morning session that L. F. Deardorff, of Chicago, who was to have made a talk on lenses, could not be heard, and the lecture was carried over until to-morrow morning. This afternoon F. 8. Stedraan. of Mexico, talked on “Home Portraiture,” and there was an art lecture by Lucius W. Hitchcock, of Buffalo. Mr. Hitchcock also gave a public criticism of pictures displayed In the art ealon. This evening will be devoted to demonstrations in portrait lighting by flashlight, by 8. 8. Pingreo and C. H. Nichols, and in printing on bromide paper by Mr. Hart, of the Eastman company. The visitors last night were entertained at Fair Bark. A trolley ride preceded the special concert and program at the garden. The convention will be closed to-mor-row.

Sugar and Coffee. NEW YORK, August 6.—Sugar—Rsw strongfair refining. S 3-16c; centrifugal, 96 test. 3IX-16c; molasses sugar, 2 15-16c: refined firm; crushed. 6.60c; powdered,. 5.10c; granulated. 6.00c. Coffee—Quiet; No. 7 Rio. 6%c nominal. Molasses Firm; New Orieaa* 31042c. Quaker Cricketers at Surrey. LONDON. August 6.—The Philadelphia cricket team, began • a match to-day against the Surrey county eleven at Kennlngton oval. The Americans batted first, and at lunch time bad raised a score of 96 runs for the loss of one wicket.

WHEAT MOVED OR UP AIOTRER FRACTION

ALL OPTIONS OVER THE MARK AGAIN.

CORN AND OATS STRONG

[Special to The Indianapolis New*] CHICAGO, August 6.—The operations on

the grain market to-day had the general characteristics of those of the days immediately preceding. There was selling at the opening on the advance yesterday, buying back later at the decline and an advance again on the wind-up. These fluctuations followed to some extent the variations of the stock market In New

York.

There was a good deal of interest as to the position Patten would take. He and his Dull companions had sold millions of bushels yesterday on the Wall street scare and to-day’s market hinged largely on whether he would want some of thl* wheat back. The opening wag quiet, with prices lower on weak cables and more favorable weather in the Northwest. The interests that sold heavily yesterday bought gingerly. There was soon good buying by the commission houses and this extended later to the local crowd. The lower tendency waa checked and prices were started ffell upward. Receipts at the Northwestern markets were 209 cars as compared to 353 last year, and farmers' offerings everywhere were light. This and a continued good milling demand were the mainstay of the bull* Cash prices in the Southwest remained

strong.

Offerings became lighter later in the day, and under a heavy demand September so kLu|Hjo^80%c and closed %@%o mgh-

Com Hold* Steady.

In the corn pit favorable weather with good reports from the corn belt on recent rains offset firm cables and small receipts and opening prices were easier. During the trading the first part of the day the

declines were enlarged.

The market became firmer during the latter pert of the session on the strength In wheat, and the close was steady, with

September unchanged at 52%c.

There was a considerable quantity of

sale at first, and

ttle, then rallied, under a fair demand and in sympathy with the strength in

wheat

Provisions were easier, along with the lower prices for hogs. Trading was extremely dull, and the market had a declining tendency, on liquidation by out-

siders.

Iowa monthly crop report for

Hay—Offsw, strosgsr; No. 1. timothy, $11.00; No. 3 timothy, $10.00.

—Inspections.—

Whsat—No. | rsd, 4 cars; No. S red. $ car' rejected, 2 cars; no established grads. X car;

serseninn, 1 car; total, $ car*

Corn-No. 2 white# 7 cars; No 4 whit* I car; No. 2 yellow. 1 car; No. 4 yellow, l oar; No. 2 mixed. 2 cars; No. 9 mixed. $ cars!

total, *5 cars.

1 c * r: 1 oar;

total, z can.

Rye—No. 2, $ car; total. 1 ear.

Hay—None.

September oats

prices were barely steady.

Spring wheat, 83 per cent, last month year 94; corn. 79 par cent., last month 77, last

oat* 79 per pent,

August— h 83, last >i 77, last

last month 87, last

trill be down to 1,000,000 light supply, about as i In a week when all in ommercial says: If auras reliable as to the probes tl mate of from 46,ooo,ooo

Minneapolis—Northwest wheat stocks are expected to decrease 500,000 bushels tor the week and by September 1 will be down to 1,000,000

bushel* which Is a much as the mills use

operation.

The Winnipeg Commercial

thing may be taken able yIMaiil&fijKSMRl

to 50,000,000 bushels of wheat for Manitoba Crop, expert Boynton says the greater part of tbs corn in central Illinois is 20 points be-

low lest year.

George H. Phillips has received over 600 replies to inquiries sent out, and they were practically of on* tone. "Not better than 66 per cent, of a corn crop with best of weather, and not over half crop of oats. Soms few were better than this, but a great many were so much worse that I am conservative In stating that ths abovs is a fair average. Com and

with such a c

I expect setbacks.” ha says, “but corn and oats should be bought on i

oats will not sell very low dltlOD T wAfKm/aVa •*

lieve * ■pots*

▲ central Nebraska man, who controls about twenty stations, says: “While late rains have helped com some, ths crop is fully tour weeks behind, and wtth best conditions from now on it can’t make over 60 per cent., while should they have frost by October 1* it will ho much

Ism.”

The Patten line of whsat want over yesterday. Before the opening Patten’s bouse sen* over Us wires tbs advice to take profits on everything. The New York following, which Patten has, took ths hint. This Interest sold possibly 6.000,000 bushels long wheat, and a rather Imposing lino of oats. This llquldat-oo was mainly on the Wall street situation- It looked very much as If some other largo Interests in the Northwest wore taking the same view of things. Yesterday’s selling disposed of the biggest whsat holding In tho market. The wheat market has been moving up for some weeks Irrespective of tho Wall-street conditions. But an Eastern group had, under the Patten leadership, gotten long a great lot of grain, and this crowd finally succumbed to its Immediate environment. Logically or Ulogl cajly, the Wall-street man doe* not feel com fcrtable In the ownership of anything when securities are going to smash. CHICAGO. August 4.—Three thousand tetters just received by the CommerclsJ National Bank from about every bank in the wheat, corn and oats raising territory ,bow *j. a rough glance very bad condition regarding these crop* end declines in these conditions auTcompared with last year at least 10 to 15

points.

[By A W. Thomson’s Wire.]

WHEAT8ept

May

CORN-

Sept. •«....

Dee.

May ...

I 52%

OATS— Sept „ .. U % Dec •• 35 May 86%PORK—

Sept.

May 12 05 Jan 12 *

LARD—

Sept 7 90 Oct. 7 67 Jan. •«•«.* 7 35 May 7 25

RIBS-

Sopt. •• * * # • * B

8 01

Oct. %•••»:*•• 7 87

High. Low.

Aug.A Aug. 5.

$0%

80%-

79%X

81%

80%

ll%-

«>%-

81%

82%

83%

82%x

51%

62%b

62%X

llil

52b 62%b

51%62b

84%

$9%

84%

$4% s

$5$6%-

18 65-

■ 13 00b

1140 11 85

18 47 18 00 12 98

13 65 11 00b U 06

7 90 7 70 7 15 7 25

7 8$ 7 65 7 25 7 25

7 90 7 70 7 25 7 26

7 Six 7 72 7 30

8 06

790

7 97

3 07-

7 87

b 1 90b

7 75 6 80b

7 82 $ 90b 6 70

7 92x 6 77

Northern spring, 84c;

81082c; No. 8

wln^'jwS; No; s’ hani

grille. rc^ er Ca»h ,> c<™—Na ijfc; No. 8 51\062c. Cash oats—No. 2, 31%@32c; No.

s’ Sle

’Flax-Cash N. W., •T%c; S. W.. 9S%c; September, 94c: October 96c. Timothy—September,

33.32%; October. 38.20. Barley—Cash. 44063c.

Clover—August, $11.60.

New York Grain Market NEW YORK. August A—Flour—Receipts 28,541 barrels; sales 8,000 packages; neglected, but steadily held. Wheat-Receipts 93,060 bushsls; salsa 990,000 bushels; quiet, but steadier this morning on sharp advances West and covering by yesterday’s short sellers; September. 84 1-160*4%c; December, 84085%c; May. M%087%c. Rye-Dull; State, 68©59%c c. 1. f. New York; No. 2 Western, 58%c f. o. b. afloat. Com—RecelpU 1.100 bushels; sales 16,000 bushels; steadied a little by bullish reports; R^VtoU^M.W^bu^helsfTul^trac^whUe, 390 46c Beef—Quiet. Pork—Steady. Lard—Steady; prime Western steam, 7. Be. Other Grain Market* MINNEAPOLIS, August 6. —Wheat—September 81%c, December 79%c. TOLEDO, August * 6.—Wheat—September 81%c; December 82%c. cash «0%c. MILWAUKEE. August 6.—Whsat—September 80%c-x; December. 31%c%n. Coro—Septem^Bariey—Steady; No. 2. 66060c; sample, 39 063c. BALTIMORE. August A-Whyat—September 81 %c; August 80%c. Coro—September 56%® 66%c; August 56c. LIVERPOOL, August A—Wheat—Spot quiet and steady; No. 1 Northern spring, Cs 5d; No. 2 red Western winter, 6s Id; No. 1 California, to Id. Coro—Spot steady; American mixed, to 6d. KANSAS CITY, August A-Closs: _ Wheat. Sf-ptember 60%c. December 71%071%c, cash, No 2 hard 7O%071%c. NO 9 69%®70Hc. rejected 63065c. *>. 2 SS* »4%01l* No. I 74c Coro—September 4«%S46%c, December 460 46%c. cash No. 2 mixed 46%c. No. 2 white 4«%0 47c, No. 2 45046c. Oats—No. 2 white 32094c, No. 2 mixed 90%c. ST. LOUIS. August A—Close: Wheat—No. 2 red cash elevator, 80%c; track, 80®>a%c; Sep-S-Si STi 48%c; track. 60%c; September. 4t%c; December. 49c; May, 34%c; September white, 39%c. Rye- _ - _ er; Jobbing. Standard mess, $U.87%c. LardLower; 6.9T%e. CINCINNATI, August A—Flour—Firmer. Wheal—Stronger, 79c. Corn—Firmer,

Rye—Steady. 87a

63%c. Oats—Strong, 35c.

Provision#—Firm.

DULUTH. August A—Clo*e: wheat-In store. No. I hard, 87%c; No. I Norther* 87c; No. 2 Northern, 85c. To arrive: No. 1 hard, 87%c; No. 1 Northern. 87c; No. I Northern, Ski; September, 82c; December. 79%c. Oats—On track and to. arrive, 34c; to arrive In September, 33%c; to arrive In

December, 34%c.

Indianapolis Cash Prices.

—August A—

Wheat-Steady; No. 2 rod. 76%c track: No. 2 red. 76%c on milling freight; No. 8 rod. 74c

track; August, 76%e; wagon, 76c.

Corn—Steady; No. 1 white. 59%c; No. s white. 62%c; No. 3 white. 52%c: No. 4 whits. 43c; 3 white mixed. 6t%c; No. 8 white mixed, St

No. 4 white mixed. 46c; No. 3 yellow.

No. 3 yellow, 61 %c; No. 4 yellow. 49o; No.' mixed, 61 %c; No. I mixed. 51%c; No. 4 mixed.

48c; ear, 51c.

Oats—Stronger; No 2 white, 84c: No. $ white. ; No. 2 mixed, Me; NoTl mixed. Re asm-

sis; No. i

®%c Inal.

The Wagon Market.

—August A—

The receipts were regarded as fair tor i threatening weather. Hay arrivals w< heavier than cor* Sheaf oats were In such abundance last week that there seems to be little demand for them now, although there were a few buyer# on ths market to-day. Only two or three loads were taken.

Corn-Belling at 50051c.

Oate^heaf. fAWeiaQO; .hsllsd. 35038c; new

shelled oats, 30035c.

To-Day'i Primary Market*

Primary market receipts: Wheat, 462.316 bushels, against 930,403 bushels ths corresponding day a year ago; com. 32*680 bushel*

against 128,816 bushels.

Primary market shipments: Wheat, 302,888 bushel* against 591,642 bushels the corresponding day a ytor^ago; eon. 943, *U bushel* _ . .1 - 38 can of whsat, and Duluth four care, a total of 93 oar* against 118 cars ths corresponding day a year ago. St. Louie receipts: Wheat. 122.000 bushel* against 19,000 bushels ths corresponding day s

year ago.

Kansas City receipts: Wheat, 113 oar* •gainst 170 cars ths corresponding day a

year ago.

Chicago car lots: Wheat, 117 can; corn, 89 cars; oat* 135 cars. Estimated cars at Chicago for to-day: Wheat, 96 cars; corn, It cars; oat* IS can. For to-morrow, wheat, 186 can; com, 189 can; oats, 225 can; hogs. 19,000 head. Clearances: Wheat, 1*7,900 bushsl* and flour. 90.989 packages, equivalent to 381,850 bushels of wheat; com, 89,460 bushels; oat* 12,967 bushel*

uima A. M. 1 **Ll IT. ■•Miff a*W TORI

Dividends collected and Acts as fiscal agent for nagotlatsa and other Deals In Investment

mam of nks, RATIOIS AKD! —

against 148,600

.Minneapolis received

A. W. Thomson’s Grain Letter. —AUffUSt A— \. : ■ ; ; Wheat—The market in Chicago was again active and strong. It practically regained yesterday’s decline. Northwest markets contributed to strength and Chicago traders were reinstating lines sold yesterday. There was a little better export Inquiry, and a fair business is reported. The Southwest markets are about unchanged for cash stuff, and report a moderate Inquiry. Judging by the action of the market, the undertone continues strong. Reactions, of course, taka place, but with the exhausted stocks of wheat and the light primary receipt* there is very little to make a persistent selling pressure. It is quite manifest that the farmers over a large part of the winter wheat country are not disposed to sell their wheat. A bitter export demand is desirable, but with small European stocks and decreasing world’s shipment* an improved export demand seems reasonable to expect. Wheat should still be bought on the weak spots. • . Corn-The market was rather quiet and fairly steady. Receipts continue moderate and the cash demand is moderate also. There Is no change in the tendency of crop advices. The weather is very favorable everywhere, but the crop does not regain the lost ground except In limited areas. Price Current says reports are varied, ranging between! half to threequarters of the crop. Until this outlook is bettered materially, lower prices do not seem probable. Oats—The market waa quiet and firm, with prices fractionally higher. The cash situation seems about a stand-off. Receipts are moderate and the demand was

fair

Provision* — The market wa* .agfiin

•8SM

Security ...Stock.,

104

Jfiln %. Spann I

—

I | | vf '.SHI; M. CAMSBCU. * OO. , August InvMtmwtts

ind...

vw... . Mar. Wells Co.. Ind

Ry *•*»••••••••»•

.ON Ws* 1,000 Msr. :

Knox'o* 0 ind”?. ^rtholornew Co.. Psrk. Co.. Ind.” Vigo County. lad

•**#•♦.**••*s

e ess*.ssaseewse*••«•••

•«•**«••••

■ »•*«**»•••••wid Tnflt.ee •*»+»»• esse*•»«•••••Re

**•••••»e••*seasseas

• ••beweea

I. M. OAMPHU A Ca. 14 * It Isat Wart. ft. ¥

[ragging under continued large re* of hogs and accumulating stocks, a nothing to change this tendency.

ket were dull anu ^ ■were dragging under continued

celpts

We see ________ Changes In Colorado Fuol.

NEW YORK. August A-Preskfont Ksb ler. of the Colorado Fuel and Iron Company, makes official announcement that J L. Jerome, third vlcs-president and treasurer, has resigned, the resignation to become effective at once, and that A. A. Miller has been appointed assistant treasurer. Mr. Miller will have full

charge of all financial matter*

WHERE ARE THE PEACHES? Commission Row Dealtr* Would Llko

to Know AIm.

"Where are the peaches? You will do us a great favor If you wfil answer that question for us. instead of asking it every morning.” said the commission man. "The few that we are getting now come from

Michigan, but we have seen stock yet. Reports from tfe peach belt are meager, but the are that prices wlll see no mat

ductlon until ths last of the month and

quality and prices may not not be for canning until the second week in

terab«r. M

Present indications are tltet there will be barely enough peaches to go around in this year's crop. . . . Practically all of the common lots of cantaloupes has been cleaned up and those now offered are the finest of the season. The supply is plentiful and they are selling well at 50075c a basket The increasing receipts of tomatoes are selling on a wide range of price* The larger part of the offerings sell around 80c and prices on other grade# are according to quality. The fancy Weghorst, a popular tomato with the first-class trade, sells

readily at $1.00. „ w w

Small shipments of huckleberries, the result of favorable weather in the Michigan fields, are still coming in. These sell

for $2.00 for 18-quart crate*

right i Sep-

Th« Prices.

Messlnas, 860* 13.60. Oranges, St. Michaels, $L8801.90 a 35. Coooanute,

und. ium*

FRUIT* - Lemon* new

93.50 e 100. Fmesppl^jM.OaJni* po

ass

’ UOBJ.JI; maun, txulnu, tt.we4.00: iBenona, $2 600275 a barrel; green jples. 9200 a barrel Michigan peaches,

let carriers. *3 60 iloupes, 56060c a

stock. 4O0MC. Mart-

melons. $1.2501.50 a barrel. Osage er Christina melon* $1.0001.36 a crate. Indiana watermelons, according to sis*. $18 (fi30 per 100. California pears. $226 a bushel; Kentucky P**r». $2.6#®S 00. a barrel^ Georgia

Blush, $$. fancy Red

ftpplftfe r

40050c 1-5 bushel basket: 6-basket 08.00. Decker Netted Gem cantaiouj

basket; No. S

$1.2501.50

Le Comtes. $1.00 a bushel. Tennessee Damson plums. $2.00 for 34-quart orate* VEGETABLE*—Onions. In barrels. tJ-T*- Potatoes, 75c. Baltimore ■weets, $5.OO05.SO a barrel. Home-grown tomatoes, 4p08Oc a bushri. Fancy Weghorst tomatoes. $1-00 a bushel. Green beans, 79c. Cucumbers. Me * dosen. Cabbage. $1» a barrel . Home-jrrown sugar corn, 12c dosen. Celery, a bunch. W035c. Muskegon fancy. 76e a bo* Eggplant. |1B0 ©1.28 a dosen. New crop honey, 16c. New beets, Uc dosen. Navy bean* $240. Klrtey beans, $240. Lima beans. 6%c a pound. New

garlic. 12c a pound.

New York Dsatol Co. A. P. HERRON. Mgr., When Bldg. Over twenty yeers in this city.

PHILLIPS I /■VUPER OIGN

miMMaomsTi milnigFfi IfiMiOOI. Capital - - Sirpltt ■ • nictmt «u Me

« OFF**-

KEiE' eSUS&J A.W. Stock Bend h4 ■CMIR CMfiMfi M * ind 5 logilii Blook, I

•Otfl PtlrtDM ■•• 04. — -

cm.

Stocks

Otir Bally 10O La •aileferofe,

— .ttl.-., —-—

Money to L< cb eentnUy Isotoed aitjrpnwwty ead ee

improved farms to toflan* hr TTie Indianapolis fire

«*• **■»■**_ • •••esssssssse • essaas#»aA0c#0 9$

. i~ ~'X.

tmmim

0. N. WILLIAMS A 00., I 10 K. Market ttrsst, W# make farm farming counties in this with a population of over W# accept aocom ual«. and allow I

earn*

List your properties with

insurance and rental dsperti . Phene*—fiew, IMfe fed, feeakdltf.

•er road

—

LATHROP A 303 Lmw Wo Off mo,

NEW NEW

NEW LONG

¥ Alkert L' stocks, e

—■

——

1 Per Cent. 2

Bili