Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-13
INCREASED BUYING
IN ALL WESTERN
MARKETS
Rains Helped Corn
Crop and Outlook Generally
Better Texas Suffers C0ttoa
Loss Is Present Prospect

Kew FORK Aug I8-srcor3lne q,
. Hrals,re@t tha country 20 a NOR.
eonser tre basis taan u has been
Ia IN official bulletin the big sgenes
~ NJ conditions
Crop and fEade reports reflect mod
crate improvement. Much needed
r us hss- relieved the southern uor-
u1n 0t the corn belt OF fear % wide
unread Ggp damage. and western and
eastern crop p ~pasturage conditions
have also been improved. SMILE AZ the
south the cotton cT0r in The eastern
Eaf ~ fh= belt has been helped by
drE weaGher The g eminent cotton
report has proved slightly better than
expected although The Texas s.tua-
lion Is stll unrelieyel Next week g
gCEernmHnt grain crop report is
hoped 70 show good com and oats
crop condition. while rejecting a still
heavy loss in spring wheat. Trade
reports are suI of Quleg in fan de-
maid thlugn the advance IL the sea-
SOD ard Therefore of cr0rs toward
rarFet. has aided in charging job
Ding demand 1T some important west
ern ceufer Chicago and = Louis
report ting IsrsE ~ the fail g9BhtDg
excursions helping 10 EXPAND trade ar.
those cities while tine rather better
results III Eus.nE wheat harvest are
eFaksIg optimistic reports from
Northwestern Centers Buying is st4ll
Z consertatiVe. however Retail trade
.g s1Dl confined largely 10 clearance
sales ~ eumme gods st concessions
Al the east there is slightly more do
lnz y some lines for fail Cotton
goods fea the efforts - wifl curtUI-l
meut ln increased steddlness 81 prices
ard raw w79l Of fleece grades e stlll
active despite the rather sharp adj
van es noted last wees Collections
a. yet show little Improvement and
re slow as q whole. Money is easy
on call but firm for time loans, and
banks Gre conserving supplies. des-
pite increaeel arrivals Of gold from
ehroad
in leading lnd 1stres there are few
new features Building returns 70
Bradstreet for July show q heavy
decrease from q year ago. much Of
which is. however. accounted for by
the reduction III the metropolis. end
there are s1ll more gains than losses
al. The country cities as compared
with the midsummer m0ntn "A year
ago. Iron and steel are quiet. and the
leading interest reports that prices
viii not be cut. bat some western
markets report price concessions IN
finished lines Demand for automo-
bles ana materials therefore IS re-
ported less active.
Measures Of July trade and distri-
button reflect the slowing down Of
trade in a smaller total ~ July clear
lugs than q year ago. July failures
are fewer. however. though Liabilities
are larger than a year ago.
Commodity price changes this week
are not very important Winter
wheat crop movement has been heavy
efficiently so tc be e weight on pric-
e. and bring about some easing in
the middle Of the week despite bull
crop reports from abroad and a
disposition 90 continue 10 scale down
estimates ~ the worlds crop this year
Prices however closed higher on re-
duced Canadian crop estimates There
signs of the winter wheat move
ment slowing down as a result Of low
er prices offered Western stocks
tend 20 increase more than in nor
years rejecting less than usual
~ early milling demand. Flour is
inactive Corn eased on reports OF
rains tn The southwest hut rirmed up
as did oats. Cotton moved ir-
regularly. heinE quiet until after the
Do pearance n he government
then advancing on reports Of
NFAAAti ga mage AN AlAe eNuLuW est .
Tell on Thursday on reports OF rainsl
IN Texas. but allied again on Fri a,
iay. spot cntton is Is points higher 5
IN the week. New York docks and
warehouses are filled with cotton at !
.racted 10 New York 10y the high
prices induced by the July Zeal. :
The Crops. :
Weather and crop reports show !
some Improvement Badly needed +
hove fallen tn the southwest and i
along the north Atlantic coast. while :
y urgently required dry weather in :
ne eastern half Of the cotton belt "a
has allowed or woFh being done in u
grass fields. Corn and cotton have Il
been benefited, but corn in Okla- r
luina. Nebraska and Kansas has evil r
iently been hurt seriously. Dry u
Fehther Is still complained OF in Tex J.
u.s. Damage ranging from 20 To so &
PER cent is noted To Corn in the south ;
rest while in Iowa. Missouri and the v
las gained Weather conditions in the o.
northwest have been favorable 10 C,
and threshine. and spring. =
th"Nt is turning nut better than ev- =
'ected The oats yield is "a record- 1
ne as fo quantity and Or good uuai-
Winter wheat is Of good quality.
nu Yields are slightly larger than ex- =
'ected Trade estimates of the gov- VI
rnment report 90 be issued Monday Il
Dc ter G. corn crop Of 5000. 600. 600 OF
with $4,000. 100000 bushels
wheat and I.oOo. zoe .00e bushels ofIr
-
DRY weather east Of the Mississippi :
ms favored cotton greatly and help
Z to OBJECT the deterioration tn Texas
NJ south Atlantic and gulf states
itherto sending poor REPORTS. are now -.
optimistic. late reports are u
ans ~ parts 30 Texas. which. IL cor -
ect. may save the croD ia thar state. ~
Minor western crops have been n r
lir weld in Wisconsin aud Michigan III
no pastures have been improved east