Richmond Palladium (Daily), Volume 37, Number 231, 2 August 1912 — Page 6

PAGE SIX

THE RICHMOND PALLADIUM AND SUN-TELEGRA3I, FKIDAY, AUGUST 2, 1912.

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LIGHT HOGS STRONG; OTHER GRADES EASY i Heavy Weights Neglected; Buyers Also Discriminate in Cattle. With a good Increase in . aud with no In REPRESENTATIVE SALES. Aug. 2 Av Dk.riice.. 117 40 S8.5j 170 ... 8..-.0' 102 80 8.50.' 150 40 8.55. 1U .. 8.55 17B 40 S.5T. - 181 40 8.5.V J4S 8.00' HOGS. Av.Pk. Price N. .. SO ... $7.M33.... . 2l ... 7..V) 40 .'. 3S2 80 7.55 67 . 288 80 8.25 33 .. 233 120 8.30 r9 .. 270 ... 8.30 48 .. 228 10 8.35 52.... .. 2I2 ... &3T 3'J.... .. 1S7 ... 8.40 36.... .. 203 80 8.40 15 .. 212 ... 8.45 CATTLE. Steers Av.Piice.l No. .... 005 $5.50 4 . ... 83S 5.85 4 . ... 732 0.20 7 .... 1.057 6.50l..-. Heifers No. 11.... 8..., 7..., ?5 . . . . 2'.'.'.. 18.... 65..., 11.... 17.... 23.... 10....

linT nt i round 8.000,

, demand the supply wa filial '""'ever, irrog tiailty dev.

rt - - - . - n.i,,.. Jest n (Mires we V? generally shnded' luiuinnc jii-iu, i' as largj as necebarj. string competition, K(rlllI,ess wab, ,?uowu uch n,arke grains started on the down grade under for light hog made that class Si'cui-' toj leaders as l.nioi Pacific. Southern Pacific v scattered longs and closing , " . .h. -os wore neJf-i common, t treat Northern preferrtd? grades were within a fraction of the bot1,.h$ ,. th.i steady prlt-ea. whlle Northern Pacific. Consumers Uas, Reading i V1" '"' 1"S!",S V' to on wlT ' lectad at no f," ,,:,. v & Atchison and L, Uilgh Valley. Inter!,,, l to lr on corn and e to c on oats, the In-bet.! 'il ',l(.iaje,. preferred was on. of the strongest issues. : sh torn values were lc lower. Cash or 10c lower. ,,, , 1,' .bange in, making a gain ot ' nearly a point, Canu-i loats were off 2c. therefore, there w.is ii. t : ii hfl.oin rtian I'aciflc was off 1 point on prollr- - i-iovisions held well .lesplte the break mV it-'i l etwecn uViVm t JSo5', taking " P ; ,ln corn and closed 5c lower to oc higher. Sr; 'Vm k,u J ir tu t'rii. American shares -were firm In the Lon-, M5 and ltht if-w to i(m ,ual.kt.t jut . willn(fs were uarlow.' CHICAGO.

Cattle. J he curb market o Ked irregular. :; fRv A w Tiimon c.'.mr.l ln., ..ood rllil f 2.Xt caldo :m.V Iu the late foreno an easier tone de-, W1i5- ' -ruom80n to-8 XV-' oIVJ2 founaVi'.,, let n T fully -teai'.y to reloped on proflt-tak Img salea and a num- W Ul'? ,h . 4 -( ?sl? , ?rTr 5? w S 8 wll ! ,"''' ,,.Bt' I' of stocks reced. U fractionally. Steel Cpnt "P- "h- J' AXfe- t?-t fhere waVn siow el iud n the lcf.s .iesir - tmmn hel.i firm, w Hie the preferred de- ' ePl" 9- sva T Llde aradiw and :uiv cli:ii".'C m prices w:m. rliued . The majority of the railroad , ... r,.1!4. ()V,t fn favor of ' the bnTlng side. Heifers were ,t,.ks were steady International liar-. Vf'.y JJ '- Jhe weakest tblnes on the list and he teater Wtt8 exception; Mly strong, moving; Ma -V8 JOT, W'-s-iroorl native Hteor. aa well as all Mud t,n a point to 124V4. . rORVf row Ktun were the strongest, reea- Kindness was small In the last hour of PQ e-3 ssut ?TtMe "mtlnued fully steady, as dd Iradins au,l the marl let leaders showed' .I1 &S e6?" 6'-- 6St bulls and calves were strong to -if, little change from tl e iiihWay prices., ,, ' f hla-hef ft estinjf house and Intel national llarvesterl l"' :''J,7 '" ",G1- ' s Shcap. pre strong, making lirther fractional; M -,, -s.. There were nearlv 1.KM) sheep and lambs rains. Slight losses vre KWliiliwl in. M 54 " i ... Honinnd from all sources and l-teel. Amalgamated t'opp. r, New ork t'en- oats roi,Auim re?Mi t?reri i''tJpBI1',i! kteady0' HUt,t- 1 "e "" 33 32-. 32Tsupply at firm prices. Most of th lai' S teau3. , ;w old at Wi." with a few at , 1 "V"8' ork" STnrKH ,Ie'.. 3U 339,-- 33 3tks low as $4. Yearlings sold fiom f'go,, lORK hTOKI. ( 34, aud sheep from $1$3.5. (By A. W. Thomson C .'s Wire.) .May. N 30 35i 35i- 36 -t A lit' icft:

162 ... n.liojrtew nirs iiiis.. m-

180 8.00. Av. Price. 880 7.25 2.. 18.. 4.. 4.. 1.145 1,047 1,067 s.ou

Kock Island 75 S.Krie

6.. 436 4.50 010 4.75 584 5.00 850 7.00 f.43 K80 '.50' 3.. 80;! 5.25 3 1,033 6.001 Cows 3 3 653 3.00) 8.... 820 ' 3.25 2.'... 770 3.75 2 870 4.00 2 JI85 4.50 2 . . . . SKiO 5.00 1.... Bulls 670 4.251 1 570 4.35 1 1.010 4.50 1 870 4.75 lj... Cnltes oro 1 ' 1.. 1.. 1.. 1.. 1,080 sr TK 280 5.00 2S5 0.K) 00 6.00 6.... 195 9.25 j 9.251 4.. 2.. 2.. 2.. o , !. 8.. 4 141 11 158 W.ftO 100 7.001 110 7.50I 170 8.00 23 0.00 4 4 7 3 1S7 170 165 200 io.oc 153 9.00 Cattle. PTEEUS Good to choice steers, 1.300 lb. and upward $ 8.75 9.50 Common to medium steers. 1,300 lbs 8.00ifi6 8 75 Good to ehoIie steers. 1,130 to 1.250 lbs 7.75 8 50 Common to medium steers. 1,150 to 1.250 lbs 7.25 7.75 Good to choice steers, 900 to 1.100 lbs 6.75(3 7.75 Common to medium steers. 900 to 1.100 lbs 0.50 7.00 Extra choice feeding steers, 900 to 1.000 lbs 6.00(3 -25 Good feeding steers. 900 to to 1.000 lbc 5.50(3 .00 Jlertinm feeding steers, 800 to 900 lbs B 00(3 5.50 Common to best stockers .003 5 50 HKIFERS Good to choice heifers .00a 8.00 Fair to medium heifers 5.25 ?.75 Common to light heifers 3.50d 5,00 COWS. - Good to choice cows........... 5.00(0! 7 25 Fair to medium cows 4.00(fJ 4.75 dinners and cutters 1.50(J 3.75 Good to choice cows and calves 40.00(365.00 Common to meolum cows ana rnlves SO.OOli? 33.00 B.ROfiS no 4.75W 5 5" S.llftW 4.50 5..VWI 10.00 4.50 8.75 BT7T.LS AND CALVF.S l-ood to prime export bulls.... Good lo choice butcher bulls.. CVmnion to fslr bulls Common to best venl calves.... Ccuimou to good heavy calves.. Hogs. !; henries. 200 lbs and tipward 1ei'tinis and mixed. 190 lbs and upwards choice lights. 165 to ISO lbs C' Mi"" to good lights, 125 to 160 lbs Roughs Best ptgs Bulk of sales, .t Sheep. Good to choice yearlings Common to medium yearlings.. Good to choice sheep Gulls and medium sheep Mockers and breeding ewes.... Pucks, per 100 lbs Pprlng lambs 8.20(6 8.45 8.20?? S.50 S.50(fJ 8.60 8.40 (ff S.55 6.50rff 7.00 7.50W 25 400(1 7.25 8.25 S.55 4.50a s. no 3.50(9 4.25 3.50(fi 4.00 1.001 3 25 1 .OOif 4.00 2 .V a 50 4.0ff 7.00 OTHER LIVK STOCK MARKETS. I'NION STOCK YARDS. Til.. Aug Hogs Receipts, 10,000: market .Virioe higher; mixed and butchers. $ ( 457f S -?0 r.id heavy. $70(S!820: rough he.ivv"$740 17.70: liirht. $7.S0(!?8.4O ; pig. $0.65a7S5bu'k. $7.60(3:8 25. Cattle R.veiots. "noo'market strong; beeves. $6.35f9 85 "cows' Ir.nrt heifers. S2.75(?JS.25 ; stockers rind feed' v- 4 .40(90 90: TeT.ins. $6.40fJS calves ?9fiM0.25. Sheep Receipts. 10.000;' market V-eak; native and western. S3 r,(?f i snlambs. $4.607.75. .oo. PITTSRrRO. Ans. 2-Cattle-Supplv light: market steady. Sheep and lambsSupply fair: market stead v. Hogs rp. celnts. 10 double decks: market active 'ml 10c higher: prime heavy hogs 8 3,Vf S41; heavy mixed. 98.50CfS.60; mediums . 8.7-(frs.S0; heavy yorkers. SS75(KS8n: light yorkers. gft.75ft7ft.80; pigs. SS50-rf8'70: roughs. $77.50; stags. 96.2.VfC50. " ' KAST BI FFAI.O. N. Y.. Aug. 2. Cattle Receipts. 300 : market active. stead v. 'nlve- Receipts. 900: market active: 2.V riiiher: cull to cnon-e. Mfnll.2tmrt lambs Receipts. 400; lower on sheep; lamWs firm 4.50ft(7: choice lambs. S7.5Mrjj7.7!V ; year lings. .Ttuno.mi; sneep, y.. ;xi. Hogs Receipts. 6.8O0: market active, stronger Torker. S8.7o&S.S0: pigs. SS.50 mixed" S.7f.t.S0: henvv. $S.70S.73; roughs, $7ftf 7.M): stags. 966.50. - CLKVELAND. Aug. 2. Hogs Receipt 20 cars: market active; mediums, heavies and vorkers. S8.35f(f 8.50; pigs. $8..V eat. tie Receipts. 180: market steady ton Sheep and lambs Receipts. 1.200- markef slow: top In-nhs, S. Veal calves Receipts, 200; market active; top. 1.050 , . 81 GAR AND COFFEE. NEW YORK. Aug. 2. Raw sugar quiet ; rtrtned steady; standard granulated. 5.1.V powdered. 5.20c. Coffee Steadv; Kio No" 7, 14Vic asked. Molasses Steady; New Orleans, open kettle, 35sJ50e. SEW YORK BONDS. Aug. 2 A. T. T. Conv.115 i No. Pnc. Ists...l00 Atch. 4s S N. Y. C. 33... 87, Ati h. Conv. 48.110 iUeadiag fc J 'j. K. i . -ts..., '.i.'- i uamn o -. J). R. G. 4s.... 94jiSt.L..S.V. 1st 4s S1V f'. It. I. Ref. 4s tiKti n. ' Iiv. 5s l I. i in. s ! i io. iy. itc. T. 4 9.W Wsihso ',n. 5- 1VJ

H'. & O. 4U... M S. 1'. Conv. 4s.. aini oeer came are snort tu welcbt. There IKlie Geneml... 7S'v;l'. P. Conv. 4s. .102 ,is no yuestioii in niy iniud but that the jGeii Klec. 5. ..154 V lt 4 iWV lim-ronse in population in this cvitry i 3r- Ml 5 infi-VW Shore 1st 4s liHitj. "outgrowing the production f me.!' proA N. t'nl. 4s 99 ;Wbah Ref. 4s. 69 ' dm ing nniaials." Prime ters yesterday

sr mm OF THE UMKEIS

i imminun n i n nv ,e-

: f CHAIN COSStP

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on Bulges Union CroP RePorts Also Bearishpacific Strnno- Rains in Crop Belt

o- . NEW TOR K. Aug. 2. A strong under-, ' ......c uianrn , opening or tne stocu mar-i i nearly a I or tne lead lug issues scor-: to pointy ites of trading.' eloped aud , )(,,, K(ll M t froII, fter the firs t few minutes Aug Open. m. Beet Sugar. iIVj High.. Low. Close. 71 Va! pm. Ian. com... ,1 tin. t'ni. pfd 118's ii". t'ar l-'dy 5!5 Am. Locomotive. 43 Am. Smelt. Kef . . 84 Am. Sugar Kef... 127 Ani. Tel. & Tel.. 14t A in u 1 . Copper.... S3 Anncond.i 42H. Hen. Klectric 182'i Int. Harvester... 123 :m 40 120 5i '84 17 'S4V4 '18214 14, 114 62 38 1187 :! 120 : 5j 44 84 !-', 83 182" 123 iiii 113 62 'i 83 Va 4n 182 Va, 123'.... 144; 71! 113vs, 62' 2 1 JS- fieei coin.. i,4 I". S. Sloel pfd. . . 113 1 tah t opper t.2 Va. Chemical 48 Western I'nion... 82 - Westnghs Klec... 80 Atchison lUS's 82' 82; 108 ' 10H i74'3: 81 107 'i 26 , 36 141 131 17i 160 7Ti 83. 108 '4 175' 81 4 107 '30 142-fc 131 Vs. if2 ISO's. 80 Vi 108 173'" 81 107 '3tV 141 131 170" 160

8.00' Halt. & Ohio 108Vs 8.25'f'anadian raclric 174

1 nesap. at jiuo. oi-? f'., M. & St. 1.. 107 28'., 30 142 131 Northern . . . Illinois Central. Lehigh Valley... 170 L. .V N. (0

riftO 5.25 M.. K. & T 27 1,045 5.li: Missouri laciflc 37 1.100 .(MiN. V. Central 117 1.035 6.23 Northern Pacific 120 1.180 0.50'Penns.vlvania .f . 124'a 1,360 7.00'ltendliig . 167 Southern Pacific 112'.,

I ,'M 118 117Va 126 126 124 124 168 107 112 111 117V l-""8 124i,2 167 111, 171'noviouth. Railway.. 2$'i .'r I nil. 11 Pacific.... 171's 20 172 ii'Vs 171 1 ' aulril luu ..... iu IT. 8. BONDS IN NTtTT YORK. Aug. 2 Bid. Ask. p; . Registered 2s 100g 101 . LU" i ouiiou os ii.7 ?V7" :tlstered 4s J 1 Coupon 4s J12 Ji4'l unama reglsteTed 2s ix0,,? iV jl'auuma coupon 2s - 100V4 101 oFINANCIAL NOTES Wall street news summary: Conditions northwest reroaln perfect or crop maturity, and outlook for enormous crop fully maintained. Western bankers say business prospectsi brighter than for several ye.rs. Supreme court decides th.M Roosevelt's electors may run as republk-Uos on Kansas ballots. Iogan-Bryan says: We look for n somewhat higher range of prices, but believe moderate turns should be accepted on long stocks. As we have Indicated in recent-' advices, the disposition to fjree a demonstration cn the upsi.le in the stock market will posjibly become quite pronounced should political occurrence in the nexti week or ten days be In keeping with ex pectations, but us we have also poiutvd out!, I. ( ... .. ... ... i i i . 1 1 1 , . .1 ... .....

mere is a iciiuei rsiti.uK. iiftfiint.uii u ij -Si mnterlal hardening in money rates. Should asttraw, tiftl.'.

loans be expanded to material extent and under existing conditions. In face of. large crop moving demands, such a state of affairs might tend to check, at least temporarily, rising tendencies. The General Chemical Company reports Its profits for the nve montbs endeil jmne 30 at 81.352.731. against $1.193,30S for the corresponding period of 1911. Atchison's preliminary statement for the fiscal yenr ended June 30 shows $107,750,000 gross "earnings, an increase of the insignificant sum of $187,000 over the gross for 1910-1911. Operating expenses increased $504,000 and taxes incren.sed $731,000, so that the operating Income fur the vear N32.272.txiO was $1,049,000 less than that in 1910-1911. The finnl report will show a fair surplus over the 6 per cent dividend on the common stock. Sir Thomas Shauchnessy, president of the Canadian Pacific. sid In Montreal: These rumors of a stock issue are without foundation. Nothing has been decided with reference to any stock financing. Provision for the vast Improvement and additions which the Canadian Pacific is going to make must, of course, be made; but all statements as to how such provision is to be made are mere guess work. The whole subject is one to be dealt with Inter by the board of directors. Mr. Shanghnessy said that crop conditions could not possibly be better. New financing In July by industrial and railroad corporations aggregated only $58.315.900, which Is the lowest amount for a single month so fur this year. This amount Is S152,S72.KK below the total amount of new securities issued In June and 950.400.100 below the total figures for July of last year. The corporate financing during the lrs: peven months of 1912 aggregated $301,637.V0O more than for the first six months of last year, and still forms a new high record. " The average for the last five months of 1912. however, was $69,465,400. so that it is probable that the total of new securities for this year will establish a new high record. The sudden cessation in the offering of

i 11.25. SheeplcBtes that then is some foundation for'te,nner- Vi : I prmbT.I 'i' M- tr!'' market slow; the belief that the market is suffering I Clverseed -Cash and October. $10.10; De- : cull to fair. 'from (indigested securities. The trend of ceraber. $10; .March. SlO.ifi.

new securities during July rather nuliirlces of listed securities, which has been downward so long, is attributed to this same cause. If there were as much truth in the theorv of the reinvestment Julv dividend and interest disbursements as is freuentlv asserted underwriters should find little difficulty iu shifting their burden to the pnbllc. CATTLE INDUSTRY ON DECLINE, SAY PACKERS CHICAGO. Aug. 2. The decline In the cattle Industry is blamed by Chicago packers and members of fh- "vs stock exchange as th eaus of high beef prices, for while othsr prices are soaring higher than they have ver been, members of the exchange have appealed for aid in fosterhug cattle growing. . fCongress or the state legislature must jenaet laws soon for the protection of cntMe raising In this country.' siid President .. . -"- 9Lv-k t-Ai-uai'sf, or tue cattle market will become dangerouslv '?iSnt: .The situation is serio.is. The west j ii"'i ..-. .ur in.iikei is snort so' al v.s m tte mnrtt l;ere.

111.n1iL.11u iiiiL.ni in

Lower Corn. i ' A,J- Au J'J I;'ce were tfa i 'he ".I""1?" ot ,,wln ,b; ,SHUH CHirAGO, Aug. 2. 1-lo.uidation and lowttie feature t tlic latter pari on the Ixmrd of trade. r't lire of Snow's rrop report PORK Sent 17.05 17.95- 17.80- 17.90 17.97 1S.07 17.07 18.05 18.0518. 7o- 18.60 ' 18.70t Oct. 18.00 Jan. 18.62 LARD Sejit 10.70 et. 10.75 10.70 10.77 10.52 10.50 10.02 10.55 10.62 10.70 10.45 10 40 10.5210.50 10.67t 10.70 10.72 10.77 10.47J 10.52f 10.45 10.50t 10.57- 10.55 10.55 10.52t 9.80 9.S0t Tec. 10.52 Jun. 10.47 K IBSSept 10.55 Oct 10.55 .Tan. 9.80 Bid. tAsk. JNominal. CHICAGO, Aug. 2. Cash Grain: Wheat. -no. reil. 51 (a 1.02; .No. 3 red. l7MiC(f;?t No. 2 hard winter, 9395c; No. 3 hard winter. 91V.93c; No. 1 northern spring. :$1.051.11; No. 2 northern spring. $103 1.08; No. 3 spring, 98()1.06;. Corn No. ,2. 73yJftt74'ic; No. 2 "white, 76D7c ; No. 2 yellow. 74fa 75e; No. 3. 72c ; No. .3 white. 72fS75c: No. 3 yellow, 74r 75V4C: No. 4. 70Vifri71V6c ; No. 4 white, '73 Vic: No. 4 yellow, 71Va?i73e. Oats No. 2, new, 32fti36c; No.2 white, old. M'-ic; No. 3. new. ;35 ; No. 3 white. 50 fi'52; No. 4. 40c; No. 4 white. 44&47c; Standard, 51(?t53c. INIIIANAPOLIS CASH PRICES. Aug. 2-Wheat-Steady. No. 2 red, $1.02V; extra '3 red. Sl.ooVfc; No. : red, !7c : August, i$1.02i. ; September. $1 .03 ; October. $1.03. Corn Steady. No. 3 white, 77Vi'': No. 4 white. 7Jc; No. 3 white mixed, 75c; No. 4 white mixed, 74c; No. 3 yellow, 75c; No. A yellow, 73 Vie; No. 3 mixed, 75c; No. 4 ,inixeU. 73i2C. Oats Steady. No. 2 white, 35c; standard. 34Vic: No. 3 white. 34'2c; No. 4 white. .'''c; No. 2 mixed, 33c; No. 3 mixed, 33o; ..Vo. 4 mixed. 32c. Ilay--Juiet. No bids. Iiispectiins Wheat In: No. 2 rel. new. 3 cars, old. 1 car; extra No. 3 red. new, 2 cars; No. 3 i;c(l. new, 7 cars; No. 4 red, new, 11 cnrs; '":ipie. new. 4 cars: No. 2 hard, new. 1 -ar; No. 3 hard, new. 1 car; No. 4 hard, ev. 1 car; No. 2 mixed, new, 1 car; total, ,:2 cars. Corn In: No. 3 white. 4 cars; No. 4 .1 white, 3 cars: No. 2 white mixed. 1 car; No. 4 white irtfxed. 1 car; No. 2 yellow. 1 car; xso. i yelkow. cars: sample. 21 cars; total, 33 cars. Out: No. 3 white, 1 car; No. 3 yellow. 2 cars; No. 4 yellow, 1 car; No. 3 mixed, 5 cars, oats All new. In: No. 2 white. 1 car: :t!ii'iliid. 2 cnrs: No. 3 white, 7 cars; No. hi white, 2 cars; No. 2 mixed, 1 car: No. 3 mixed, 3 cars ; sample, 5 cars: total, -ars. Hay All new. No. 2 timothy. 1 car; no grade, timothy? 1 car; No. I prairie. 1 car: No. 1 wheat straw, 1 car; total, 4 cars. FR1CES FOR WAGON LOADS. Aug. 2 The following are the local prices for liq y and grahu for wagon loads: Wheat No. 2 red, $1.01; sample milling, 97ro99o. Corn 85 (.'90. ts 53GS5.V' : new. 45c Kay Timothy, old, $24(g26; new, $12 14: mixed. $2023 : clover, $1014. sta-aw -oats straw, S12.50M13: wheat NEW YORK. NEwV YORK. Aug. 2 Wheat Easv ; Septfjnnor. $1.00 1.00 ; December. ?1 . 01 "V 1.017: spot No. 2 red. nominal In elevartir and $1.0814 f. o. b. Corn Dull; export. No. 2. 82c f. o. b. Oats Weak; nn-tittrwJ white. 60g!62e; white clipped. 61 i4c. Kye Dull. Barley Dull. Hav Firm: good to prime. 95c6$1.35 : clover fjrr.ixeil. 80c nominal. Straw Steadv; long .prye. 89&!9.V. Hops Steady ; state! prime to choice, ffsgjur : faclnc coast, prime to choice. jw?.io. r lonr i-trm; spring patdits. .5 2O(5.40; straights. $4.70(55.10: clears, $4.65fe4.00: winter patents. $5.15rt? lX.40; strniglSs, $4.554.75: clears. $4 25li 4t0. Beef Steady ; farailv. $18(fil50 Pork (Easier: mess. $20ftf20.75 ; family. $9fi?21..25 Ln-rd Steady : citv steam. Oil StiWc-'. tnidtllte west snot. $10.50 bid. Tallow Steady: city, in hhds. 6H,c, nominal, bid; country, in trcs. 5tt,64c. XrVERDOOI. WHEAT EASIER. LIVPHIHIOL, Aug. 2 Wheat opened with 6onie cotvering by shorts. There is good demand from continent with cargo arrivals light and more firmly held. The forecast is for higher world's shipments this week and this created an improved demand tor spot. Later the market was dull and tended tower on the favorable weather In United Kingdom and opening weakness lu Paris Corn held Arm on the strength in American marker and small percentage pf Argentine shipments to Cnited Kingdom direct. There was better spot demand with offers lighter. There have been no arrivals last three days. At 1:30 o'clock wheat was 4d to 4d Kver and corn t higher. There was ttle change iu the grain list late In the steslon. Trade was onlv fair. The close was J-id to lv,d lower for "wheat and Vd to Hd higher for corn. TOLEDO. TOLEDO. Ang. 2. Closing prices : Wheat Cash. l.02Ai: September, $i.06: December. $1.0S4: May. $1.12. Corn I "ll. .hi..c; x-oiemoer. i.'Vc: IleeeiuHer 7T8c: M.iv. .".Sc. Oats -Cash. . .W; Sep-

OTHER WHEAT JURKETS. New York - Aug. 2. Ang. 1 September -91.0I tt $1.01 ijlieeem!er 1.01 s 1.03Minnea pollsSeptember 92'-iKs-ember 93"- nv, Duitith September 93K,- .94VnDecember 93 .94-s, Winnipeg October 9314 .93H December :i-s 1 - St. I.ouls September 92 "-4 .93 'sj December :h m."!!May f-SU Kansas City September S7'4t .SS-f December 's .fJ-i Miv g--Bid. tAsk. " ""

COTTON SEED OIU NEW YORK. Aug. 2. Cotton seed oilSteady; spot. $0.40a6.75; winter. $7.103 7.75: summer white, $6.75Q8: August. 96.4S f?6.58: September. $6.54t6.59: October, $6.65U6.70; November. 9.3544.40: December, $6.20g6.30; January. $;29.30. f RIDE Rl'KBER PRICES. NEW YORK. Ana. 2.-( rude rubber prio-s are firm. Para, npriver fiu?, $1J6 to $1.17; coarse. 90c to Sit.

Chicago car lot receipts: Wheat, 1'I

ars. 04 cars were contract graue : cord 183 cars. 65 were contract; oats, 16S cars.j 12 were eunrrfw-t i.'M.int Tear atro Wheat, l.'fi cara; corn. 4 cars;" oats, al ca rs. meats. 146.104.000 against 127,538,000. Ihe Journal of Commerce estimates th rami vnlu of this year's crops of wheat, corn, oats, hay and potatoes at $3,658,000.-. which compares with 3,452,0J0.mA. tha official figures for 19U. The wheat yield of Minnesota and th, Uakotas Is estimated at 265,000.000 bu tbi J"ear, the largest on record. iu.ooo,000 bij in 1905 being the previous high record. Northwest receipts: Minneapolis. cars, against 13o cars a year ago; Imluth, i cars, against 35 cars a year r.go; Winnipeg. 14 cars, against life cars r year ago. j John Inglis wires from CVokston. Mlnn.i Cutting wheat here; H) per cent safe; balance may be lowered in quality, as rust spores are numerous on the late flelds. Through this section wheat will run 10 tJ 30 bu. Phenomenal yield of oats are beins reported from all of the large producluj states. Tipton countv. Indiana. reporte-J yields as high as 114 bu an acre. Tb.i Springfield. 111., district reported yield as high as 90 bu. Patrick Cudahy of Milwaukee is counting on 1913 to be the high-priced year foe pork products. He believes that the supply of hugs is likelv to be short and thn the scarcity of beef will be important. Ill thinks the hog shortage will result f roi i the cholera of lust year, which frightened a good many hog breeders out of the busl ness; also the high price of corn and fee during the last six or eight months. 1.086.00O bn against 533.000 bu a vear agol corn, 203.000 bu against 495.000 bu a year1 ago; oats, -'oo.omi tiu against 357,000 bu m year ago. St. Louis receipts: Wheat, 469.000 bn against 103.000 bu a year ago; corn, 51.000 bu against 54.000 bu a year ago; oats, 58,000 bu against Oo.OOO a year ago. Kansas City receipts: Wheat. 493 cars against 127 cars a year ago; corn, 36 car against 40 cars a year ago; oats, 18 cars against 7 cars a year ago. Total clearances: Whent. 184.000 bu, flour, 16.000 brls. equivalent to 256.000 bu wheat; corn, 22,000 bu ; oata, 300 bu. Minneapolis stocks of wheat decreased 900,000 bu for the week. Lyie reports from Forest River, N. D. : Counties along northern boundary have 1.500.000 ncres in wheat. This wheat Is; green and susceptible to rust, but Is fast getting out of danger. It is said that the Snow report will show a winter wheat yield of 407.000 bu and a spring wheat condition of 90.2, indicating a crop of 300,000,000 bu. Corn condition Is estimated at 81. making a crop of 2.800.-1 000.000 bu. Oats condition is 80.9. indlcat-' ing a minimum crop of 1,275.000,000 bu. World's shipments of wheat for the week, exclusive of North America, are estimated at 4,8UO,O0o bu. A good increase on passage Is predicted. LARGE DECREASE SHOWN IN GOVERNMENT DEFICIT WASHINGTON. Aug. 2. The deficit of the federal treasury at the end of the first month of. the new fiscal year was $743,185. Treasury officials joyfully compared this' figure with 916,093,440, the deficit for July, 1911. There are two factors during the month favorable to the government. Customs receipts exceeded expectations, being nearly $5,000,000 more than in the corresponding month last year. Secondly, the congressional delay in passing the deficiency and big supply bills decreased the expenses of the governiuent nearly $8,000,000, as compared with July a year ago. The total receipts for Jtilv were S59.536.334. and disbursements $60,279,518. Receipts for July last year -were $52,085,002.! disbursements $68,178,502. Customs receipts; for the month just closed were $28,136,502, j against $23,404,503 the previous year. The working .islance In the treasurv continues at w satisfactory high figure' being $00,099,580 at the beginning of 1 i:siness todav. The general fund contains' $101,648,787. while the total cash in the treasury is $1,953,801,488. The gold coin and bullion In the trust funds, held for the redemption of outstanding gold certificates. Is $1,307,068,269. July disbursements for the Panama canal, aggregating $4,157,514, were about $1,000,000 greater than usual. The mint coined during July $3,320,000 in gold. The total number of national banks has now reached 7.400, with $744.905.941 national bank notes in circulation. COMMISSION ROW Peaches are a shade firmer as the supply from the south is about exhausted. Some stock Is here from Kansas and bringing $1.50 a bu. .Cantaloupes are moving rather slowly as the qualify is below the a-ernge. The Arkansas variety is the best on the market so far. They sell for 2 a crate. The Decker melon, fhich usually beads the list. Is poor this season. Those in the neighborhood of Vincennes ire better and the district around Seymour also expected to produce some good stock. Tomatoes arc easy at 75c a bu for uomegrown stock. The market is snowii.g uttie activity. There is a fair supply ,if plums on the row. but the demand' is cot henvv. The Burbank variety brings S "5 a basket. There are a few Green Gage, but the yuality is poor. A. W. THOMSON CO. LETTER, Aug. 2 Wheat Support gave out In wheat soon after opening because of array of bearish e against which the trade could not hold the market. English cable was Iowct i-ii lnipruteii weather in t'nited Kingdom nod Paris opening lower. Sea Board advance indicated a letup in export demand from the ether side. Group of big houses seemed to 1m well -.I ,!, selling orders of both September and Deeemher duiiug the morui .j. ........... suiiiii weakness with (Tic.-igti Bearish ness at the opening was largely due to more favorable reports from the northwest. John Ingils reported 10 per cent cf the wheat this side of the line safi I.rle wired that three-fourths of the Nnr?h Dakota crop i safe and other one-fourth not -much Injured to date, but green enough to permit a spre.-'d of rnst. in t..i .-( tl.ese messages came the August estimate of Mr. Snow, claiming average yieH f 1" 3 bu oer ncre winter wheat and cmidlr'on SO ? soring and tots I harvest for 191-" of 707.000.000 bu. including probable crop of 25o.OOd.ono bu in three northwest states Two Chicago houses confirmed export sales of wheat last hour amounting to about 900.000 bu. Market had final rally partlv due to this cash business and partly to covering by some of the early short sellers. Com Strong tone in corn futures up to the close yesterday gave way to ninch easier feeling. The direct cause of bearieh j feeling was report of rains In the far west j aud forecast of nnettlel weather with I showers for Kansas. Nebraska and Missouri. St. Louis u.uoted cash corn lc to 2c lower ami sample roarKei in vci'-ago was at lc decline. It was entirely weather market Southwest markets had break of lc. Shipping sales In Chicago reached 300.000 bu. Oats Closing prices were practically at low point on the crop. Brokers report"t selling orders from all quarters daring th morning. Sample, market had further de. cllue of 2c. Suow gave ont crop estimate of 1.273.000.000 bu. Cash bustnesa reported at 200.000 bu. Provisions There waa important fcel'tog of lard first hour by a bouse closely eon-net-fed with foreign trade. As the market weakened there was stop order selling of IT.rk on a mtber sharp dip of 10c or more. rure did nut continue and market had fair !-

PrOvlcfMt . Tl 1. t.,w 1 1ft

oris; July 1. 46.13 brls; Aug. 1 last year.' 14.8.i4. Lard. 1U4.083 against 100.475 Usi against 14S 444. Kibs, StS.&ia.tK O lbs. agalnsd 2. .I'Tlt.OKl II, u.ni I'otal cut!

, agaiusl 163,12ti.00.

Primary market receipts Friday: Wheat4 1.554,000 bu against 906,000 bu a year ago I corn, 447,000 bu against 271.000 bu a yea ago; oats, 468,000 bu against 826,000 bu A year ago.

Jiimarv marker Khininenfs- wneati

RICHMOND MARKETS

PRODUCE. (Paid b7 Bee Hire Grocery.) Old Hens, per lb 12c Old Roosters 2535c head Young chickens, per lb 25c T-'egE, rer dozen lc 'ountry Butter, per lb 20c GRAIN MARKET. (laid by Richmond Roller Mills.) o. 2 wheat, per bu 9Se ats, per bu 2Sc orn, per bu 5c Kye, per bu "Pc ?ran, per tjn $29 Middlings, per ton $21 WAGON MARKET. (Paid by Omer Wheelan.) Corn, per bu 70c Oats, per bu 28c Old hay, per ton $21.00 New hay. per ton $15 & 17.00 Straw, per ton $7.00 BASEBALL RESULTS NATIONAL LEAGUE.

Won Lost Prt New York 69 24 .742 Chicago 58 34 .630 Pittsburg 53 37 .589 j Philadelphia 46 43 .517 Cincinnati 46 51 .469 St. Louis 41 55 .427 Brooklyn 35 600 .36S Boston 25 66 .275

YESTERDAY'S RESULTS. New York, 5-7; Cincinnati, 4-5. Chicago, 9; Brooklyn, 3. Pittsburg, 1; Boston, 0. Philadelphia, 4; St. Lous, 2. Philadelphia, 4; St. Louis, 3. GAMES TODAY. Chicago at Brooklyn. Pittsburg at Boston. Cincinnati at New York. St. Louis at Philadelphia. AMERICAN LEAGUE.

Won Lost Pet. Boston 67 31 .684 Washington 61 37 .622 Philadelphia 55 41 .573 Chicago 49 46 .516 Detroit 48 51 .485 i Cleveland 45 52 .464 New York 31 02 .333 St. Louis 29 65 .309

YESTERDAY'S RESULTS. St. Louis, 2; Boston, 1. Chicago, 2; New York, 1. Washington, 6; Detroit, 3. Cleveland-Philadelphia (postponed). GAMES TODAY. Washington at Detroit. Philadelphia at Cleveland. New York at Chicago. Boston at St. Louis. AMERICAN ASSOCIATION.

i . Wron l ost Pet. 'Minneapolis 71 39 .645 Columbus 69 40 .633 ; Toledo 7 42 .615 ! Kansas City 53 56 .486 St. Paul 50 62 .446 Milwaukee 47 61 .435 Louisville 43 65 .398 Indianapolis 40 74 .351

YESTERDAY'S RESULTS. St. Paul, 9; Indianapolis, 5. Columbus, 10; Milwaukee, 5. Minneapolis, 2-3; Toledo, 00-1. Louisville, 7 ; Kansas 'City, 5. GAMES TODAY. St. Paul at Indianapolis. Minneapolis at Toledo. Kansas City at Louisville. Milwaukee at Columbus. REAL ESTATE TRANSFERS Fred W. Kienzle to Isabella Kienzle, July 30, 1912. $1,000, lot 4, Greensfork. Benj. F. Mason, Admr., to Eva Kerr, ! Feb. 9, 1904, $340, Ft. lot 10, Greensj fork. I Lavina G. Newton to Aloneo Feenister, July 29, 191. $5, Pt. N. EL Sec. 27-16-12. LOCALS AT DAYTON SUNDAY AFTERNOON '"Our Boys" will mix it with the Daytonians Sunday at Dayton, and attempt to secure another strangle hold cn first place in the K. I. O. League. Dayton should be an easy mark for the locals going at their present gait. Manager Braxton will take the team from Dayton to West Baden, where they will play exhibition games, and "kick about'" in the springs. An attempt is being made to secure a big row of rooters to accompany the players to Dayton. Deaths and Funerals. HOEL Opal Hoel, aged twenty years, died this morning at three o'clock at the Reid Memorial hospital. She is survived by her husband and one child. The funeral will be held Sunday afternoon at two o'clock from her home. Burial in Hagerstown. Friends may call any time. The remains were taken to Hagerstown this morning. The deceased had been ill , for about a month.

I City Statistics

THE UNITED STATES STEEL CORPORTIOII

IS A Drastic Legislation Providing for an Amendment to the Sherman Anti-trust Law Recommended. (Continued from Page One) suited in the influx of unskilled for eigners and made the American work-; man shift for himself. j That the absorption of the Tennes-' see Coal and Iron Co., by the Steel corporation was not alone to prevent a panic as the panic was over at the time the stock transfer was made. That the dominence of the Steel Corporation since that time has been j due in no small measure to the sudden ; Ill-considered and arbitrary order of ex-President Roosevelt In permitting ; this merger. i The resolution under which the rom-j mittee acted was adopted by the House of Representatives May the 4th, , 1911. Hearings were held both iu New '. York and Washington at which some j of the most prominent financiers and! statesmen in the country testified including such men as ex-President Roosevelt, John M. Gates, Charles M. ; Schwab, Andrew Carnegie and Judge Gary. Merrit's Charge. During the hearings a sensation was created by Lconidas Merrit who charged that he and his brother were swindled out of the Lake Superior Consolidated Iron Mines, by the Rockefeller interests. These mines were later purchased by the Steel corporation. The report, which is a voluminous affair reviews in detail the formation of the various subsidiary corporations which later resulted in the formation of the U. S. Steel Corporation. It reveals the conditions existing at the time the various manufactureres were pooling their products. The decision in the Addyston Pipe Case, which resulted in the dissolution of this concern served to put an end to these agreements. According to the report, the manufacturers then cast about for some other means of circumventing the anti-trust act. ANOTHER TREE PEST IS THE RED SPIDER Another tree pest is reported to have started on its work of devastating and destroying the shade trees of the city. It is the Red spider. Maples, elms, hackberries and ornamental shrubs of all kinds are the favorite eating places of the red ant. The State Entomologist states "The red spider, so-called, is a common pest of shade trees in summer. It is also sometimes a serious pest of fruit trees and of flowers and vegetables, especially those grown under glass. On account of its minute size, it is seldom recognized until the infested plant is seriously damaged. Although called the red spider, it usually appears pale, with two black spots in its middle. A number of contract insecticides may be used for controlling the pest, but of these one stands out as most efficient because it kills the eggs as well as the mites. This is the sulphur spray, which is made as follows: Mix flowers of sulphur with water, one pound of sulphur to three gallons of water, adding enough soap so the sulphur will mix readily with the water and will not precipitate. Spray this so the4 under sides of the leaves are coated thoroughly. Another remedy that is recommended where plenty of water is available is to spray or sprinkle the infested plants very thoroughly with water so the spiders are washed from the under side of the leaves. This has to be repeated two or three times a week, and. of course, is not bo thorough as the sulphur spray. UMBRELLA LOST The police have been asked to search for an umbrella. The article was stolen or taken by mistake from the Beallview park last Sunday. If it is found its return to the police station would be appreciated by the owner. BUY YOUR Farm Gates Of THE MILLER KEMPER CO., Phone 3247 RAIGHEA Superior Electric Hxtircs Direct From maker to yom VALUES Craighead 10 Main SU Platnblng rA A Electric VU. 12t

MONOPLY

...1FOIR. SALE... An up-to-date farm of 70 acres, well tiled, in New Garden township, Wayne County, Indiana. PJch, productive soil. No waste land. Well fenced. Seven room frame house. Good cellar, cistern water in house. Two porches, unfailing well of pure cold water. Wood lot of 7 acres, in which is located an unfailing spring. Barn 38x42, with additions of 31x42. and 16x38 feeL Hen house, 10Vixl6 ft; Buggy ahed. 16x16 ft; Wood and Smoke house. 17x24 ff and other outbuildings. School and church near farm. Fruit of all kinds. Only Zk miles to good railroad town. Gravel roads. Free mall delivery. Telephone at house. Etc Inquire of owner. Rufus A. Curtis Fountain City, Ind. Telephone No. 186 H

MAY SUCCEED DILLOIl Judge King to Be Proposed for Ohio Governorship.

(National News Association) SANDUSKY. Ohio, Aug. 2. At th Legislative banquet tomorrow evening Judge K. B. King, of Sandusky, a member of the recent Constitutional Convention, will be formally proposed at a Kepublk-an candidate for Governor to succeed Judge E. B. Dillon, ot Columbus, resigned. Judge King knows nothing ot the intention of his friends tn this respect, but all arrangements for the presentation of his name were completed at a, star chamber meeting tonight. He will not be formerly notified of the impending event until he hears his own name presented at the banquet tomorrow. FEW AT CEDAR POINT. CKDAR POINT. Ohio. Aug. 2 Aa It almost every politician worthy of the name had found it tiee-sry to stay at home and probe the uttermost corners of his bailiwick to And a Republican candidate for Governor, or being a Democrat, had figured It out that Democratic success Is secure without further effort. Cedar Point is almost totally lacking in any of the outward signs of a great legislative reunion. To the few ho cam there is nothing so engrossing as endless discussion of what the Republican can do. Democrats who never before found ground of hope for Iemocratle success are rememberelng that they predicted the disruption of the Republican partr as far back as 1865. WEALTHY WOMAN IS MADE DOG CATCHER (National News Association) MILWAUKEE. Wis.. Aug. 2. Acting Health Commisrfoner Fred W. Luening this morning announced the appointment of Miss Leonore H. Cawker. a wealthy woman of the city most exclusive", set, as city dog catcher, th. appointment to be an emergency one for 90 days and subject to the rulings of the Civil Service- Board. Miss Cawker has stated that she will employ two assistant dog catchers, with an automobile constantly at their disposal. They will be Instructed to be lenient with violators of the dog-muzzling rule of the Health Department for the first few days, but later will bring all unmuszled dogs running loose in the streets to the pound. Owners will be permitted to regain their animals within six days after they are impounded upon payment of the expense of keeping them. Miss Cawker will pay for her assistants and the automobile herself. NON-RESIDENT NOTICE.: State of Indiana. Wayne County, as: Before Luther C. Abbott. Justice of the Peace, within and for Wayne Township. Wayne County, Indiana. Joseph C. Haxton versus Dan Yelota. Lory Richi and the Chesapeake and Ohio Railway Company of Indiana. Dan Velofa and Lory Richi, the above named defendants, will take notice, and are hereby notified, that unless they appear before me at my office In Richmond. In Wayne County, Indiana, on the 12th day of September, 1912. and answer or demur to the complaint in which the plaintiff demands a foreclosure of a lien for board bill, said complaint will be heard and determined In their absence, said defendants being nonresidents of the State of Indiana. LUTHER C. ABBOTT, Justice of the Peace. aug2-9-16 PROBATE CAUSE. Daniel McManus, administrator of estate of John O'Laughlin, deceased, vs. Mary O'Laughlin. et al. In the Circuit Court of Wayne County, Indiana. April Term. 1912. To Mary OLaughUn. William O'Laughlin. Edward J. O'Laughlin, Anna O'Laughlin. hia wife; Nellie Warner. Harry Warner, her husband. jRoy O'Laughlin, Anna O'Laughlin, a ! minor, John O'Laughlin, a minor. You are severally hereby notified that the above named petitioner, as administrator of the estate aforesaid, has filed in circuit court of Wayne County. Indiana, a petition, making you defendant thereto, and praying therein for an order and decree of aaid Court, authorizing the sale of certain real estate belonging to the estate of said decedent and in aaid petition described, to make assets for the payment of the debts and liabilities of said estate; and that aaid petition, so filed and pending, is set for bearing in said circuit court, at the court house in Richmond. Indiana, on a judicial day ot the April Term. 1912. of aaid court, the same beins the 25th day of September, 1912. Witness, the Clerk and Seal of said Court, this 1st day of August, 1912. (SEAL) George Matthews, aug 2-9-lfi. Clerk.