Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-07-14
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MARKETS.
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Chicago, July l3,--N Wheat prices
sank under the weight OF immense
receipts OF the newly harvested grain,
Closing figures were at net decline
VI b-S to ga TO 1 at 1 l-S Primary
arrivals of wheat fresh from the
fields made an astonishing total OF
i1l2,OO0 bushels, Last year the as
grcgato at the corresponding time was
less than ono half that amount Nc-
cordiugly the market uuctuatod down
from the start There were rallies
because of the strength displayed 10y
corn ON account of black rust talk
from the Northwest. The latter in
nuouco In particular did not strike
a popular chord, A source OF dis
courugcmout TO the bulls was the fine
quality of the new wheat arriving
here A total of 495 cars out OF
$50 being oC contract grade. Sep
tombor closed firm, hut 1 to / Is
net lower at SO l-2 ut 5-S.
The corn market was materially
affected boy the cool wet weather west
Of the AIssissippi Large buyers OF
yesterday were again purchasers to-
C7 6-S, closing weak at "a to rs
not lower, at 66 3-S. Cash grades
were in fair demand. No. yellow
finished ut &C "a at 67. oats closed
3-S of at i6 "a TO rs.
New Yorl, stocks.
New York, July 13.--Tradlng In
stocks fell of to almost the lowest
point Of the year today Transac-
tious for the entire session were only
ll5I40O shares as compared with the
years low point of 100000 on April
H., when the market was awaiting
the supreme Court decisions I'm the
antitrust cases. The movement Of
stock was narrow. The tone was
| fairly firm and the movement ON the
/ even though some of tho small ad-
yuucos were I'm issues whose influence
| on the market has always been Of
/ little weight Among the railroad
| stocks Northwestern was the strong
est with a gain of a point The fur
| thcr gain of points In Texas oil
/ was asCrlhcd 10 the Illness Of an op-
| orator who has been aggressive in
/ development Baltimore and Ohio
rose fractionally on the news that the
| directors had declared the regular
semi annual dividend on the common
stock, Despite the Disappointing
| showing made by the road for the
fiscal year no reduction In tho rate
| has been looked for Trading I'm
bonds while relatively better than
stocks, was dun some trading was
effected by the news Of forest fires
which damaged mines I'm the Porcu-
pine district Bonds were steady.
Total sales. par value $2,OSAOOO,
United States bonds remained un-
changed on call,
New Orleans Cotton.
New Orleans, July 13.-Cotton fu-
lures opened barely steady, point
up TO points off. Gables were lower
and the weather map was wet Light
TO good showers were indicated I'm all
portions Of the cotton belt The fore
cast promised rain over practically
the entire belt, but this ala not slim
ulotc selling. The market acted some
what oycrsuld At the end OF the
first half hour the new crop months
were 4 to points under yesterdays
close. Buying orders were almost
wholly from realizing shorts. To-
wards the middle OF the morning ma
NY tolegrams found their way into
the market stating that boll-woeyll
damage was increasing in the Central
belt, These reports checked the de-
cline. There was little business IN
the old crop months, but at one time
July was points over Yesterdays
close, In the afternoon the market
was dull ana fcaturclcss Prices had
n saggIng tendency The trading
months were 3 10 6 points under yes
torday's close.
New York Cotton.
New York, July 13.-Spot cotton
closed quiet unchanged Mlddlnp
! uplands. mIddlIng gulf 1850; sales
I2,l0O. Futures opened steady with
closing bids at;
July 1i05 August 1875; Scptcm.
bcr 1895; October 127i; November
|1271; December l272; January 127l.
March 1916; May 12S5,
st. Louis Cotton.
ST. Louis July 49, Cotton unchaug
ed; mlddllng II rs. Salea none
receipts 1903; shipments, 2l4 bales
stock, G,9i2 bales
Galveston Cotton.
Galveston July 13-Cotton closed
b steady ot II 5-8 cents
KuuCn0 CIV IINp StngL
Kansas city Mo, July 13.-Caltl
Receipts for the past % hours Cor
fLnIul nnllnr Z L. nm nnlIln L.