davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
BUSINESS TROUBLES.

The following petitions In bankruptcy
were hled yesterday in the United states
Court.
DAVID GOLDSTEIN, No 334 Bowery. in
voluntary. Liabilities said TO be s0i2; as
sets not given. ..-. ,
MORRIS ROSENBERG. MORRIS WEISS
PF,RC; and DAVID ISkOWlTI, individually
and as co-partners trading as the ROYAL
sink and Dress Goods House No. 60 Hester
street, involuntary. Liabilities said TO be
SJ32; assets not given. - 49,
II NJ. BURR G. SON COMPANY, No 40
FIfth avenue. voluntary Liabilities. $751;
1866 assets Ss4,0I1, - 80
TOMMAEINA SANGUINETTI, No. 2206
Second Avenue. voluntary Liabilities OF
1921; assets, S1O,271.
Joseph BERGE and JOSEPH b. CABIN.
Individually and as members ~ the firm OF
Berge & Calm, No. 45s Broadway. volun-
tary, Liabilities, $G,5G3; assets. Sl.20s.
UORATIO PAGE, No. SAG West 18th
street, voluntary Liabilities, sS,15i, no
RICHARD wIsNER,. Of Florida, y. y.
voluntary Liabilities. S3.737; assets. 81 .OS7.
GEORGE KITCHEN, OF No. $50 East
1l9th street. VOLUNTARY. Liabilities. $3.50; no
ALBERT NJ. RITZMAN. No. 1912 Taylor
avenue voluntary. Liabilities. sI,5sS. no
assets.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20

mon, l5a16e; fair, no 2Oc; good. 81 q 26c;
prime. 2S434c; New Orleans, open Kettle
37952c; sYRUPS. common. 11412c; me-
dlum, 1JpJ7c; fancy, 25Q2Sc
NAVAL sTORES-Spirits turpentine steady
and unchanged. Rosin and tar inactive.
TURPENTINE, spirits, machine bbls, 4Ic;
strained, 63Dc n, 6,b5ci d, &c; Z, 7.2oc;
+, 7.4Oc; G, 7.45c; II, i.5Oc: I, 7.55c; X:
1860 NJ: 7.s0c; NJ 799c; w G, Sc, and
w w, S10c.
OILs-f.nseed oil unchanged. Refined
petroleum steady. PETROLEUM, standard
white bbls, Nav York and Philadelphia,
S60c; bulk, Sc: cases, tO.50c; water white,
bills, D.60c: bulk, &c; cases, 1l.5Oc; LINSEEp
OIL, American seed, city raw. 73qT4c; out
of-town raw, 72973c; Calcutta raw, Soc
COTTONSEED OLA sharp coverinS
movement developed and prices at the close
were 1910 points net higher. Local contract
prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
NEW BUSINESS PERIODICAL
National Chamber Of Commerce to
Issue Publication in Washington.

Boston, July 19.-At conference here
to-day between Frederick Bode, Of Chi
cago, and John II. Fahey. OF this city, two
Of the directors OF the National Chamber
Of Commerce, and G. Grosyenor Dave, Of
Washington, it was decided to begin the
publication of national periodical to be
called The Nations Business"
II is planned TO distribute the new peri
rdical from the Washington headquarters
Of the new National Commercial Associa-
ton TO all chambers OF commerce, boards
Of trade and Industrial organizations Of
the country. The publication will be de-
voted to the news Of business and bust
ness organizations, and will include sta
tistical surveys Of development through
out the nation, and news concerning the
government departments related to busi-
f. ness and commercial activities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
PUBLIC UTILITY NOTES.

The Manufacturers Light and Heat
Company. of Pittsburgh, it is reported,
expects to reduce it's bonded debt to the
extent of s1,250,O00 this year The cur
rent outstanding bonded debt amounts
10 about $4.950.000 There are $4,000
first mortgage Gs. $4,000 first mort
gage and collateral trust 6s and $1,000
600 general mortgage IS outstanding.
The earnings of the Scranton Electric
Company for the month Of June were:
Gross s55.S9l, a gain Of $3.50; net, s2S,-
l51, n gain of $3.50; surplus after
charges, Sl5S99, a gain of sl,494. For
the twelve months ended June so the
gross earnings were $765.22S. a gain Of
s6l,6oS; net earnings. $43S,573. gain Of
S37O53; surplus after charges, $3.50, 400,
gain of S2O,753.
The earnings Of the Wheeling Electric
Company showed an increase, except for
the surplus after charges, for the twelve
months ended June 80, and that item
showed decline. Gross earnings for
June were slS,272. a gain of s1,S11; net,
$3.50. a gain of S1.431; surplus after
charges, 1881, a gain OF S2,371. For
the twelve months which ended June 30
gross earnings were $242,696, a gain Of
SOS, 269; net, t12l,544, gain of s23,0SS;
surplus after charges, S76,079, a de-
crease Of 5000.
The earnings Of the Binghamton Rail-
way Company have been much better
for June this year than last. Earnings
for the month of June were: Gross,
S409,675, a gain Of $37,464; net s18S,65G,
gain of sS,970, surplus after charges,
s75.422, decided gain of $26.51S. which
is equivalent to about ~ per cent on
the capital stock
The Pacific Gas and Electric Company,
Il is reported. will undertake improve
ments involving about 100000. An
extension OF the company's hydro-elec-
trio power system, which supplies cleo
tricity to a large number of counties in
the State Of California, will be made
The combined reports Of the compa-
MES included in the Kentucky Securities
Corporation for the year ended June 80
give gross earnings OF s6s0,04b. an in
crease OF sl9,S46, while operating ex-
penses were reduced by s51,667. result
ing in an increase Of sls3,049 in net
earnings. A previous deficit Of sl6,723
becomes a surplus of SSl.0l3.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
NEW LISTING RULES
Exchange Rearranges and Adds
to Its Regulations.

The New York Stock Exchange mas
issued a circular Of requirements to be
met by corporations which shall make ap-
plica ton for the listing Of their securities
on the exchange. The new circular con-
tans the various changes which have
been made since the issuance Of the last
listing circular several years ago, to-
gether with certain new matter
One Of the important new recommends
lions of the committee on stock list Is
that a date be fixed as record for divi-
dends, allotment Of rights and stockh I'd
ers' meetings. without an extended clos
ing of the transfer books. The books OF
some Of the largest corporations are closed
for only a short time. while others keep
their transfer books closed for several
weeks at q time, and an effort is now to
be made TO bring about Il substantial mi
formty Of policy on this point 1t is also
recommended that when fully registered
bonds are to be issued they shall be made
interchangeable with coupon bonds.
The committee recommends that when
mortgages or indentures provide for the
issuance of coupon bonds of the denOm-
ination Of 800, any ten such bonds shall
be exchangeable into coupon bonds tor
81, 600 each, and that each unit consisting
Of ten 800 bonds shall bear number. to
gether with an atiiX letter "a TO j.. ep-
rosenting a $1,000 bond reserved TO- ok
change, and that each 500 bond bear a
notice that for that bond and nine others
Of the same denomination and serial num-
Der a coupon bond for $1,000 is held in
reserve When bonds are 10 be denOm-
mated in foreign moneys 1t IS recommend
ed that the standard of value In United
States gold coin be stated. and tina: The
text OF the bond be In English and In the
foreign language, in parallel columns.
A special section is given to REQUIRE
ments for listing mining securities. The
section describing the engraved ceTtifi-
Gates required is unchanged, including the
stipulation that no stock certificate or
bond will bc accepted unless engraved by
some engraving company having the au-
thorization of the governing committee.
A register will not be permitted to reg
lister any listed stock until authorized by
the committee on stock list
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20

81 90; old, Dbl. sSgs3 rs. CUCUAIBERs. Va
Dol, '0cqsl; Delaware and Maryland, h-pbl b1t-
ket, 75cgs1 50 Baltimore, l-3 Dol basket, II,
Jersey, Dox, 76caxI 70: PICKLES, baskes
81 Zous1 81: Dbl, 81 SOgS3 so: CABBAGES,
Baltimore, fiat Dutch, 81 %; Wakeneid, So
nearby, Dbl, 81; CELERY, Jersey. dozen, LOG
4Jc; state, dozen, l5a35c; CORN, Ccrolinss
small crate, 75cgd %; South Jersey, hundred.
sluS2; hacKersaCK, small, hundred, 81; Ego
PLANTS, crate, So 70; HORSERADIsH, st
Louis, bbl, So 5O4s7; German, bnl, 50; near
by, n. 5ql2c; LETTUCE, state, 3-dszen crate,
i5cqsl -; basket, +0qs5c; LIMA BEANS,
jersey and Maryland, basket, 81 7ogS2 20;
OKRA, Southern, basket, 81 6OQS2 50 Jersey.
peach basket. 55caSl 70; ONIONS, Texas, yoi-
low, 25gi5c; white ana red. 25q iOc; Egyptian
bag. oJcQSl; Virginia, potato and white, pas
ket, 50qiOc; Louisville, 10-D bag, 7oq7Oci
Jersey, yellow and white, 60qJ5c; Long Island,
yellow. Dol. 81 I5us2; PEPPERS, North Caro-
lima, 8-basket carrier or basket 50G1uc: Jer-
sey. box, 5Oq76c; basket, 75caSi; Norfolk, la
York, large, basket 75cGs1 so; bag, 6ocgsl 2ti
small basket, i5cqSi; ROMANO, basket, 300
60c; RADISHEs, 100 punches, 75cqsli SPIN
ACH. bb s1Gs1 %: basket. 50g75c; SQUASH,
white. Dbl or Dbl crate. slq$2; crooked meek.
81 5OqS2 50; Jersey, box, 65WI5c; TURNIPS,
white, 100 punches, s14S2: bbl, 81 rutabaga,
bbl. 6JcqSl; TOMATOES, Maryland. Acme, g.
basket carrier 81 Tennessee. fiat case, 600
Baltimore. crate, 75deOc: 8-basket carrier. $40
81 20; Jersey box, 81 25Q$2 %; South Jersey,
fancy, box 81 25asl so; average, 7ocgSl: calls
and poor, 4Om6Oc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
LONDON WOOL SALES.

London July ia fine selection Of il.0I9
bales was offered at the wool auction sales to,
day The demand continued brisk from on
sections and prices were generally nrm. but
the recent extreme rates were not paid. owing
TO buyers having filled their most pressing Ie-
quirements Queensland secured Gioth ing,
south Wales, 800; secured Is ldG2s I'd;
greasy. TdmIs ID Queensland. 200; secured,
.o0. 'scourcd is 3dlils 10d; greasy. Thdd1s
I'd s South Australia. 700; secured, is l.da
Is Gi.d; greasy, 5tdaiss I'd. West AuH ira
la 300; greasy, 73dgil5d tasmania; 9 200:
Secured is 2dQIs 10isd; greasy s'?dals I'D.
punta Arenas 5000: greasy, G%dglld.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
TO CHANGE COTTON RULES
Foreign Exchanges Asked to
Alter Methods.

Representatives Of about forty Southern
cotton exchanges met at the New YORK
Cotton Exchange yesterday and adopted
resolutions which are to be sent 10 the
Idyerpool Cotton Association and the
Bremen and Havre cotton exchanges,
asking those bodies 10 make certain
changes in their methods. George w.
Neville president Of the New York Cot
ton Exchange, who is going to Europe
within a few days, will, while abroad,
try TO arrange for conference OF all OF
the European and American exchanges
early in the coming year for discussion
of the points presented in the resolu-
tons. and It is hoped that working
ARRANGEMENT may be reached in time for
the crop of 19lj'll.
The especial cause Of the conference OF
yesterday is a controversy which has
been going on for two months or so be-
tween the Bremen and Savannah ox-
changes, the American exporters protest.
ing against alleged excessive reclama-
tons. Cotton on arrival at Bremen Is In
spected by a committee OF control, which
determines whether or not the cotton
SEdues up " wv N0"0''P'O'' ~
differences as may be tou-d are arbi-
trated. Frequently, however, second
inspection takes place, at the request OF
the purchasing consumer, and the assess
ment on this award is often excessively
heavy it is std.
Among the resolutions adopted by the
cotton conference here are these:
Unless otherwise stipulated in the con
tract arbitrations on quality should De
conducted on the basis Of official diner
enCes ruling In the respective recel'-
ing markets on the dates Of sale.
Where cotton is arbitrated and penal
ties assessed in addition 10 grade differ
ences the seller shall have the option OF
accepting rejection or replacing In re-
celving markets within two weeks with
quality sold
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
CHICAGO GRAIN AND PROVISIONS

Chicago. July ie-Announcement Of the clos
Ing OF tho Dardaneiles by Turkish-ltalian
hostIlties brought about much excitement TO
day IN the wheat trade ard caused the market
10 finish az IL net advance of la2c a bushel.
Last transact lions left corn irregular, ranging
from &C OF 20 lc up. oats with gain OF izJ
Nc 10 lac and provisions dearer by 5122i.e.
Every foot OF space In tho wheat Pr was
TANNED, and brokers were sbTieknS and
reckoning like nadmen when the opening gong
struck The news from Constantinople that al
cereals from the Black sea district, one Of tho
principal gransries OF the world: had been tied
up indefinitely was public long before business
hours and had keyed impatient dealers 10 Al
almost unbearsble tension a majority OF &C
tive SPECTATORS found themselves IN the pre-
dlcament OF having sold short owing TO the
magnificent crop prospects in the United states.
WIG competition TO even up such transactions
resulted IN hoisting prices 27sc quicker than
tho record could be dashed out OF the e1-
change. In the jostling, swaying crowd no one
stopped 10 take breath until there was an IN
confirmed rtmor that the closing OF the Straits
had been revoked. This carried wheat values
back almost TO yesterdays closing. Erratic
and frequent fluctuations followed. based on
varying reports and denials. but reports OF big
export sales kept the trend Of prices upward
until the close. Range OF prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20

RICE-Quet, but stocks small: holders
firm and prices steady and unchanged. Screen,
i.nss, 4a4hc; ordinary 4Hq4%c; fair ttg
choice, 6ad6c: head Japan, 4hp5c; Patna' U
g0l9c, duty paid.
sUGAR~Refned quiet and unchanged on
. per cent for cash. The following prices are
net less discount Of per cent for cash !:
Crystal dominoes. in cases OF 2-lb cartons. hall
or full sizes pieces s:l0c; half cases, SOC; 90
cases; Eagle tablets, 64Oc; cut loaf. 5.9Oc;
crushed. soc; mould a, 546c: cubes. Eagle
2Ib bags powdered and Eagle confectioners
granulated, $780, XXXX powdered. 5.25c;
graduated. soc fruit powdered and Eagle
extra fine graduated, BLOC; crystal domino
graduated cases, ., 80 aud 3 ID cartons. . 40c
and 650c Ia half cases; Eagle 2, 3la and ID
cartons OF fine graduated, 5.3Oc; 2-lb bags do
J.40c; 3iz-lb bags do 5.35c; GLIB bags do, $500:
i0-lb bags DO. 5.25c: % and 80 Id bags do and
standard granulated, 5.l5c; nne granulated ana
i.9Jc; No - 1900. No 3, 4.s5c; No 4 4.sOc: no
5, A.7Jc; No u, SOC: No 7, 465c: No Z, 1900;
No Q, 455c: No 10. 450c: No II, 445c: No IL,
with sales estimated about 10000 bags. part
late on Thursday. Some sellers suggested an
advance OF l-32c but while offerings we're very
small Il was believed that fair quantity could
have been purchased on the basis Of Lice,
cost and freight. Spot quotations unchanged at
3.oSc for centrifugal, 80 test, 34Sc for musco-
vr.do SO test, and 3.23c for moasses, 80 test.
In London beet sugar opened quiet and easy.
with July at rs 4kd. August 12s 5Id, and
October December los Sid. The late curb
market was firm at an advance Of %ald from
the earlier quotations. Wlett & Gray: Total
stock OF Europe and America, l.sOs, 800 tons,
against I s02. $40 last year at the same uneven
dates. The Increase OF stock is $3.50 tons,
against A decrease OF 0l552 tons last week.
supply Of 1880 900 tons. against 2,035, $40 last
year, or q decrease Of SAL tons
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
10000 GET HALF HOLIDAY
Freight House Employees in Chicago
Gain Concession from Railroads.

Chicago, July 19.-More than forty thou
sand freight employees are TO be given
half holiday on Saturday during the
summer months. beginning tomorrow. as
result Of a series OF conferences re-
Gently held by presidents Of railroads en-
terlng Chicago.
The railroad heads made the decision
over the protests OF several large ship
pers. who opposed the plan on the ground
that il would interfere with their service.
The question Of Incorporating a provision
in regard to the half holiday in the con-
tracts between the freight handlers union
and the railroads has come up at various
times. a similar rule, it is said, VIII be
nnfnrced In other cities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
eosToN WOOL MARKET.

Boston, July 1.-THE Commercial bulletin
will say Of the wool market ,s,n HS,rI Ss, heo,
,ra,soctaG ,biE week at prices which have
been fully mJntained. with slight advances In
a few INSTANCES notably IN Quarter ana ,h5ee.
on Irene The bulk OF the business done Las
been for territory woods in the original bags. at
urn ana VI IN advance OF fully 10 per cent
oil sronnJ Is noted. Liverpool has shown a
rise on per cent with American purchases OF
'o. .Tl 'e, .S,,oents Of wool from Boston from
Ia,,,,sp, : r. July rs. inclusive, were $4,000, .
Ssi pounds. against il5.G95, I3i for the same
~ IL ~ Inclusive were 1s5 i1l3I0 pounds,
against 1852, 2g1. 2p2 for the same period '''s
year.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
BROKERS REGAIN BUSINESS
Receivership Lifted from Firm OF
Roberts. Hall b Criss.

p Cincinnati. July 19-The receivershlp
under which the brokerage house OF Rob
erts, Hall q Crlss. OF Cincinnati and New
York, has been working since January
1910, was lifted to-day and the business
restored 10 SIS owners. Complete settle
ments have been made with all the cred
TORS
The firm lost heavily in the "Hochhg
coal pool" which at the time was one OF
the sensations Of Wall Street. Orders hau
been given TO the Arm to purchase TINS
stock, and. after having bought ABOUT
10000 worth, II Is alleged, the persons
who gave the orders refused to take IT,
IN suit filed later the firm was rein-
bursed
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20

pRoyISIONS-Fir with buying by
conrnIssion houses stimulated by the ad-
vance in corn and the more bullish hog
news PORK-Steudy; mess, 5000 $50 80:
FAMILY s20fIs2l: short clear. $40 % q $50 10
pFEFlMcss. si5aSl5 80; family siSp
siS 70. packet. siTaSl7 30: extra India mess.
500 a 500 10 BEEF HAMS-Quiet; S2Sa s3l
DRESSED HOGS-Firm; hacons. lO& @lO c.
pigs, iia.c cUTMEArs-P!ckled bellies quiet
i,AIspecial. 07sc; city 6no: country. 54
mSNc LARD-steadler; Middle West.
10 70 a 10 4oc: city firm. lo% alohc; rehned
steady: South America. ll.IOc; Continent
10 soc: Brazil, kegs. l2I0c; compound, So ~
Sic, sTEARINE-Oleo, 12h 9lSc; city
lard, 1911 912%c.
NETALs-CoPPER-s firm but
ouIat. spot. i7al7.e5c; July. lT12h q
Ts7Ic: August, 1880 1737hc;. September
and October, iT15@lL25c; lake. 17A q
ITI.c; elec,rolytic. In al7hc; casting, l6.
q tic Arrivals, $50 tons; exports SO far
tbis month, 1882 tons. london closed at
III Go I'd Tor spot and III 13s Cd for futures
TINs|Easy; spot. AZ 40 u AZ. zoe; July, 1920
"A zoe. August. 1925 a 43.50c;. September.
al IOt 4325c; October 42.65d45c. Local
sslrs % tons July at 4325c, port OF New
YORK London tin closed tI9s los and tut :
spot' 4.GOR j75c; East st Louis spot 100 q
Ienc London. f1s los. sPELTER-Quieti
New York spot 720a 1900 East 81 Louis
ifT o5c. London. E26 IS. IRON-Cleveland
warrants B7s Sd In London. Locally steady;
No 1 foundry Northern, No southern ana
spot. SIS J0as1s; No foundry Northern
i%0LAssES AND sYRUPs- Steady and
Unchanged. Ns-S C-iAsnS centrifugal COM
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
NEW YORK PRICES.
INTERIOR RECEIPTS.
sEABOARD CIEARASCEs.
FLOUR AND MEAL-FIour inset ~ =; b 4

EIDI AND NEAL-tIonr inactive. on. a
,itti" stTadler. Spring patents IS 4og 81 90
winter strlights. 81 75Q asa 90: winter pat
CntF S5iOgs5 80, spring clears. - 90 ~
"a 90. extra No winter 81 3Ops4 90; NO .
- IUTSI Kansas straights. - bbgS 10;
fancy spring patents 81 50gs6 ~. RYE
TIOI,R-steady. fair 10 good. 81 tOasi 60
choice to fancy, 81 70GSi 90. CORNAEAL-
quiet: kiln dried 81 90. BAG MEAL-FIns
white aud yellow. 81 7O9si IS; coarse. 81 20
ltSl 10 FEED-Westera spring, w -
standard middling. SIS 80; -four DO; so2 on,
red dog S:'3 40. city bran. s2i 6h bulk 20 %
sacks. middllnC S2s GOT s33; red dog. s3@ 20
horlny chop. SOS 50d 500 bulk. s29 7OgS5o 20
sacks: nilmcal. $50 so nominal
COIFEE-rhe recent heavy selling APP
reared 10 have eliminated most OF tho weak
holdings. steadier feeling prevailed, ana
Urlres az the close were 4 10 10 points net
higher. sales. $4,000 bags and while the
volume OF trading was not large. there was
4 better class Of buying, ard sentiment was
more bulllsh. Havrc was !. a y franc hiEh-
err, Hamburg was unchanged; Rio was weak
at decline OF u refs, and santos was
barely steady by the regular cable and 80
rels lower on the special cable. Notwith-
standing the easier feeling in the Brazilian
markets cost and freight offers were steady
and one ~ tho most encouraging features
Of the day was an improved demand for
cost and freight coffee Sales were not
large amounting 20 about 5000 bags. but
prices were steady, with Santos Il quoted
al I5.c and Is and IS II l5.i0c Spot
prices were unchanged AT iihc for Rio No
I Local contract prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
CURB ECHOES.

From past and present indications the
bond department OF the New York Curb
has been showing a tendency toward less
and less profit TO those brokers sharing in
the trade there. II is said that during
the last few days not sale has been re-
corded on the official sheet and brokers
are slowly and steadily deserving the
crowd and will remain away until things
show a decided improvement.
Reports received here state that the
most important shaft Of the Florence
Goldfield mine IS now down about LILO
feet and It Is said that within the last
fortnight has pierced folds Of pure crys-
tai quartz of alleged commercial value.
The Nevada Douglas mine, located al
Yeringtou shipped during the month
Of May ore 10 the extent Of ll,623 tons
10 the Mason Valley smelter thus bring
ing the total since shipments began In
December last to the amount OF ago
tons.
Yukon's strength at higher prices Il
attributed 10 buying by the Guggenheim
interests, which control this company.
The earnings OF Yukon for the current
year are reported as being s756,Ooo' 'as
compared with $4,000 for the CORE
spending period Of last year.
According TO the reports from the mines
| Braden's blocked out ore now totals 30
600, 900 tons, an increase Of 100000 tons
in a year, and It is stated that much
greater increase is In prospect in the next
wear or so.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
STATE CAN'T STORE COTTON.

Columbia, S. c., July p.-Thc South
Carolina Supreme Court to-day declared
unconstitutional the act passed at the
last session OF the Legislature, TO create
and operate state warehouse system
for storing cotton and other commodities
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-20
EXPORTS.
CASH QUOTATIONS.
GENERAL MARKET REPORT.
Vow York. July 10. 1912

Sew York, July TO- 1912
WHEAT--A report that the par
dene'Ies lad been closed after lombard
rI-rt Ny the Italian Gect caused a sharp up
turn Ia values both In Europe and the do.
nestle markets, with active covering by
shorts. Prices gained ~ gaze at the start,
Nu. later lost most ~ the advance under re-
un.ad liquidation. when X was announced
tnUt the order 20 close the straits had been
rocked. Late IN the day prices again raj
led on .yidfuc1s that values are getting
down close To an export basis and that con-
IIt!ons had become somewhat oversold as
Tho result Of the recent aggressive operations
on inc bear side Exporters reported sales
of 80 loads ~ American and Manitoba wheat,
overnight offers having been accepted on the
sharp early advance IN futures. No red
here. s. oGi. ~ os elevator export basis
and export. 81 Osi4, I Q b sfOa;; No North
eru Duluth. 81 ith, 90 h asos.. CORN
There was q nervous unecrtoHe. but while
prices moved rapidly within a wide range
Iulv closed &c lower and other positions
1.Hlc net higher Export corn here. 1871 e.
Z % . aEoat. OATS-Were generally hrm,
with loss pressure TO sell and considerable
covering Cash oats quiet: standard white,
b7i.c in elevator; No .. 0Tisc. No 2. 57c:
No T. 56Ec: natural white and clipped, %
QGIc on track. RYE-Market nominal.
BhRLEY-Maiting. 81 12asi 20. Buff
falO.