Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-06-23
OBSERVATION-DISCLOSURES 90
MARKETS.
Observation-Disclosures 900.


New York Stocks,
New York, June 22,-llopes for
speedy Improvement or the condi-
tion OF the security market and In
the financial situation In general
were retarded today by the effect OF
unfnyouhlo influences which
brought about short reaction In
stocks, The heaviest selling move
mcnt of several weeks was the feat
uro, and more shares were dealt In
during the first half hour than In
yc4tcrdnys entire session
The mtcst phase Of the Washing
ton situation was considered per
hapa the mort disturbing influence,
Indications that tho tarin question
might be ttcn up by Congress In a
moro comprehensive way than had
been expected, gave rise tu re-
vlvol of apprehension ON that score,
which was frcightoncd by doubts as
90 tho attitude Of the senate. The
chance that further obstruction
would appear I'm the way Of Cana
dian reciprocity reacted with spc-
clul severity against the stocks OF
railroads
The reports Of probable prosocu-
tous against the United states steel
corporation were used In attacking
that stock. and it gave way moro
than usual.
Bonds were heavy Panama 3s.
uud Chinese 5's were traded In on
the exchange for the first tlmc to-.
day. business In the new United
States issue was smaller than when
It was dealt ON the curb.
Total sales, par value, E31i5,ooo;
United states government bonds un-
changed on call,
Chicago Grain.
Chlcugo Juno IA stout assertions
that increased acreage in the North
west viii moro than make up for all
crop damage 80 TAR as discovered, put
the brakes down hard today on
wheat For tho first timc this week .
the market closed at q net decline
for amy option. Latest figures varied !
from IA lows" than last night to IA !
advance \ disposition to seize prof !
it's almost onurrly supplautcd to- |
days long contuLcd clamor for more |
wheat
The radical change Of sentiment |
developed simultaneously with gossip |
che part which increased |
ucroagc would have In oltsottlug Che |
South Dakota misfortune. Mere sug
gcstion OF tho possibilities grated ON
the nerves OF many spccuIntors and |
resulted IN desire 10 unload, Sep |
t,mhcr ranged from eO IA to 9l l-2, |
closing steady at go IL, net loss
of shade.
Hcav7 selling by a large number of
local spectators took all. the life .
out OF the huu side of the crop mar
kct. September huctuatcd between |
5s l-s and go 5-S with the close
stcadr but 3-S to IL on at 90 a.
Cash grades were unsettled Mum
her two yellow finished at 81 II to
5S. Oats closed 3-S up.
New Orleans Cotton,
New Orleans. June 90 spot cot
ton, very steady unchanged. Cotton
futures opened steady today / point
mp 20 4 points down The weather
map was called favorable although
light rains were shown in Texas with
the market acting as II It wants To
develop bulls carted heavy buying
orders around the ring, nnd the new
crop was put Z to points over yes
,crdnvs close. As soon as this buy
ng topped the market began to sag
again so support was offered TO
the old crop months and they did not
share In the rise. and at the highest
" ere only 10 points over yester-
iays close. The market closed steady
nt a net decline of to points
New York Cotton
Now York, Juno % Cotton spots
Iurt ten points lower Futures
closed. barley S,cady Cosiug bids
June, N4G5, july SlA7O; Augucst,
,1l5A. September. Sl436, october
,l3.02; November, $500, December
S13.o3; January $l3.o2; March
,l3o9, May %l3l4
81. Louis Cotton.
ST. Louis. Mo, June 22-Couou
luI mJddmg 10 is, solcs none,
receipts 5N bales, shipments 3 bales
stocks NtN9 halcs
Galveston Cation
Galveston. ToNo Juno 22.-Cotton