New-York tribune., 1905-07-16

is-Chalmers preferred. buying al tho stock
dealt tn The attendance on the floor smaller
than II has been at any time since the Fourth or
July holiday. II Is rot doubted. however that a
good many traders viii come back an thu prospect
for business IN the coming week.
CANADIAN PACIFIC'S CFsOPS-Ths Canadian
Pacific shops in the West busy preparing
the rolling stock for the harvest rush. and with ths
present prospect 70 Is anticipated that thu quantity
OF grain to be moved viii be the largest IN the
history OF the country A very large additOn viii
be made to the wheat hauling department of the
rolling stock but even with the arrangements
already made the usual bIockades are expected
Speaking OF the prospects n the West Vlce-Pres-
dent whyte says: This is going be the greatest
year in the history or the West. I think fair
estimate OF the crop would be 1G0G0o. 90 bushels
There are over 4oo00S0 acres un1er cultivation In
1872 the average yield twenty-five bushels 20 tha
This year Is certainly away ahead Of 1902. but
taking Yield for that year Il VIII make the crop
106.0L0o00 bushels But think the average viii BE-
nearer thirty than twenty-five bushels to the
you see giving low estimate"
THE COTTON AGOVE1IENT.-According to The
Financial Chronicle the total receipts OF cotton
for the week ended July IA reached 1893 bales
against s152 last week and p 500 the previous week
making the total receipts since September !. 1884,
s5sS3s bales. against T043S for the period OF
1SO3-O4 showing an increase September l. 1894 os
266 bales. Reports from the South denote that
the weather has continued satisfactory. as RUE.
during the week. over the greater part Of the belt
rain has fallen, beneficial on the whole but from
portions OF Arkansas and Tennessee and few sec
ttons along the Atlantic there complaints %
grass or OF too much moisture hindsring work
Some reports from Alabama. Texas and Mississippi
Indicate that the crop is doing very well.
PIG IRON CERTIFICATES S.-ReguIar pig hon
certificates at the New-Yorx Produce Exchange
opened generally easy. Foundry was firm Tiers
was sale Of 100 Of August foundry az SIS.
Final prices for regular follow: Cash. S14 bid:
July and august, s14 25 bid; October. s14 Is bid;
November. $14 bid; December and February. s14 IS
ass. Closing prices for foundry follow; July.
81 1885 20; August and October. s14 759s15;
November. $14 75GS15 10; December s14 Is 3s15 20;
February SIS 259I5 so.
ROBERT s. LOvETT TO SUCCEED wINsLOW
s PIERCE-Robert s. Lovett. general counsel Of
the Union Pacific system. has been elected a di-
rector OF the company ill the vacancy caused By
the recent resignation of Winslow s. Pierce. II is
expected that Judge Lovett win later be elected
to fH vacancies in the other Union Pacific bOaEds
from which Mr.. Pierce resigned
COPPER TRADE CONDITTONS.-Rega gar1fns ths
copper situation and the outlook John Stanton
I consider the situation sound and healthy, and 7
believe the large producers are not in favor of
portions the demand assumes The demand for cop
per over the last two weeks has been exCep-
disposed Of on basis Of Is cents for lake and esc
tTolytic- At present there is some scarcity owing
consumers can set large quantities at less than
ISIS
BANK CLEARINGS-The total bank clsarngs
of all the clearing houses OF the United States for
the week ended July 10 were S26562SS,766, against
G. 62S sci 166 in the preceding week and S21A04S5S
the corresponding week last year.
BID OF Sl52GO FOR COTTON EXCHANGE
SEAT.-A bid of SIS. 90 made yesterday for
New-York Cotton Exchange membership. The last
preceding sale made in the week. was at Ai.aG