davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
TOPICS OF THE DAY
IN WALL STREET
Crack in Crucible Steel
Unsettles the Rest of
the War Stocks.
ST. PAUL DIVIDEND
CUT IL PER CENT
President Earring Says Outlook
for Crops Was Never Better
Money Goes Higher.

There are 245,7s4 shares Of Crucible
Steel outstanding and two-thirds Of
them changed hands in yesterday 5
narket-contracts for two-thlrds OF
them. that is. Opening a. 6S TO 10, the
stock continued the violent rise that
has made it notable until by the. Md
die Of the last hour LOO shares
changed hands at SO. AT that price II
was UP Is points on the day. Then
suddenly, il began to fall back. The
movement was not fast at first, elghths
and quarters citing off the price,
rather than larger losses, and rallies
occurring momentarily. But once 80
was crossed on the way down the stock
dropped like a plummet, 1t had taken
something like 10000 shares, churned
back and forth, TO raise II to 50. FROM
so il needed hardly 5000 shares to send
il down TO sc. With Crucible fell other
OF the war stocks, though not so far.
Republic Iron and Steel, which had
touched 46i2, got down to 40; Ameri-
can Locomotive, selling at go in the
morning, fell to 52i2; Baldwin reached
s0l4, after touching S4A; Bethlehem
Steel. fresh from a new triumph at 2I5,
saw $50 again. And so it went Few
Of the issues had such precipitate de-
cline as Crucible, because most Of them
had sagged back point or more before
the attack on that issue. But the losses
were large enough to have a warning
in them, even though there was some
small recovery before the close.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
Sninning the Wheel.

There is LITTLE pretence that the deal
ings in Crucible and many Of the other
war issues represent much, II any
thing, but gambling. Against the specl-
fc statement Of its war orders, made
over his name by a well known director
Of the company, there has been arrayed
only rumor and report of enormous
contracts. circumstantial enough. but
none the less rumor and report. SO far
as the general public is concerned-and
the public. so far as can be learned, has
been a big buyer of the shares-trust-
worthy information that would support
q rise Of such magnitude IN the STOCK
as has recently occurred Is altogetner
wanting. II does not do to say. that
there is no truth in the stories that a
contest for control is going on, or that
Charles N. Schwab has bought a sub
stantial interest in the company; but II
is worth noting that in many quarters
where knowledge Of such facts, II they
are facts. might be supposed to eXl y,
they are wholly disbelieved. Around
the Street yesterday there was behet
that the insiders in the stock were not
satisfied with the amount they had &C
cumulated and were trying 70 shake
out the outsiders whose purchases were
sending the price up too rapidly Tor
their convenience. But this idea rested
on the cynical notion that officers OF
the company had not been candid IN
their public statements about its busl-
Mesa theory convenient enough in a
district where self-interest is supposed
10 be the guide O. all conduct. though
not really cOnvinC nc even there.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
st. Paurs Dividend Cut.

The ST. Paul meeting was overshad-
owed by the stock market developments
OF the late afternoon, but it is likely 20
find reflection to-day In reducing the
semi-annual dividend rate TO 2 per cent
from 2l2, the directors did not put the
stock on real per cent basis, be-
cause in the latter half of the year 1t
may easily be found advisable TO re-
store II to the full 5 per cent rate. The
lesser dividend rate is 10 be considered
only temporary, though there is want
ing any promise of future action to ad-
vance II. According TO President Earl
,hg' competition by the Panama Canal
mas cost the company &C least 81 100000
IN gross earnings. Their. is no reason
70 expect that 10 be rcgained. On the
9ther hand. the crop outlook in the st.
Fauls territory was never finer, and
me s. Paul is an important carrier OF
gram. General business stagnation"
N the fiscal year just ended was an
o9'ner OF the reasons ascribed for the
decrease IN earnings. But there has
oeen a considerable change for the bet
yer here in the last month or six weeks,
shd there might easily BE- great gain
9,lore the directors meet the next time.
SS.together, the action of the st. Paul
directors will prob IDLY be regarded not
reflection Of what the future seems
hold forth. but simply as an ac-
howledgement that the future is as yet
uo' clearly 10 be read
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
Public in Deep.

The war stock campaign was started
in Wall Street, but it has had plenty of
backing from outside. Men who never
traded in stocks before have had their
90 at it. Every one in Wall Street
hears stories of them daily. 1t is i'm
possible TO 90 anywhere within twenty
or thirty miles of New York without
hearing of this one or that who has
converted shoestring into a bankroll.
And in the brokerage Offices the tales
Of persons whose profits in Bethlehem
Steel have ranged from so to 200
points are legion. Such times have
never been seen before in the memory
Of most men. Yet there are some vet
Grams still in the Street who remember
how in Civil War days speculation ran
TO no less a height; how the Coal
holers" from their basement flowed out
into William Street and TANNED it
from curb to curb. and how through
half the night the hotel Hobbies uptown
an the evening exchanges" resounded
with the uproar of frenzied trading.
In those days it was railroads that
were being cornered Harlem" and
Fort Wayne" and so on. Now it is
lndustrials that are the counters for
the SPECTATORS. There has been a
change IN fashions. but that is all
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
HEIGHTS PLOT FOR
APARTMENT SITE
Nine Story Building Is
Planned by Buyer of
15Oth Street Land.

The Surety Realty Company, COM
posed of Benjamin Mordecai, Samuel
f Stone. Daniel B. Freedman and
Heilner & Wolf, has sold plot OF six
lots. l5OX991l feet, on the north SIDE
of i5Oth ST., $50 feet west OF Broad
way and 96.10 feet east of Riverside
Drive. to a builder who is making prep
hrations for the erection OF nine
story freproof elevator apartment
house. which will be the first structure
of it's kind to be erected IN this Sec
ton of the city.
The plot in question is a portion Of
tho site of the CYRUS w. Field, which
subsequently became the property OF
the Hebrew Sheltering Guardian So
cietlv. The society, Of which Adolph
Lewisohn is president, sold the land IN
1911 10 the above syndicate, and since
then the entire block, with the eXcep-
ton of the plot just sold, was disposed
Of and improved with substantial mod
ern buildings.
The Cruikshank Company has sold a
large plot in the Dyckman to Henry
I. Joyce. who was influenced IN max
ING the purchase because OF the I'M
movement in Dyckman 81. since the
oneninr of the ferry from the foot OF
that thoroughfare to Englewood, n. j.,
and the prospect of having connec-
ton with that ferry and Bronx trolley
lines. The property purchased by Mr..
Joyce is plot, l03XlOO feet, on me
north side OF Dyckman St. adjacent 70
the tracks Of the New York Central
Railroad.
Other sales follow:
WrST FND Ay-Arthur W. Corss has sold for
he Tss York Life Insurance and Trust Company.
a, trustee for the estate q James b. Childs; ths
corner az sJd st. on lot zJ.sHJe -
sEDGWICK Ay-kun tfen have 'od tot
IN, ktue Construction Company the pot oo1IVy
on The east side u sedswck aV. Sis feet south Of
M..hln rfnn krilge
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
Gambling Ill Disguised.

There is nothing reasonable about
this market" said a broker yesterday.
The gambling fever has run wild;
that is all. Inevitably there will be a
day of reckoning. Meanwhile we can
expect nothing different from what is
going on. People will not look at the
old line railroad stocks. which fuctu-
ate by eighths and quarters. while this
circus of 10. 20 and 80 point gains in a
day is going on. And when they do
turn to them, after the sitting out Of
the war stocks. more likely than not
we shall have a continuance of infa-
ton. There is. TO be sure. some ex-
cuse for the behavior of the steel and
iron company stocks. because it is a
matter of definite knowledge that there
has been a great change for the better
in tie industry. But the extraordi-
nary advances in some of the war
stocks pure and simple are plainly due
TO stock market operations and not to
the business the companies are doing"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
Money Rates Advanced.

There was SONS hardening of time
loan rates yesterday. with tendency
TO put up the price of money for the
longer periods. Call loans. too, re-
newed at 2 per cent. instead of the ! u
of the day before In some of the
brokerage houses there was said to be
more discrimination against collateral
by the banks in their Sock Exchange
loans, as well as some calling of loans
based largely on war stocks. This was
denied at two of the banks that do a
large business in loans to brokers
Within a few weeks. however. the sea-
son will be at hand when loans for
crop moving purposes will be much in
demand. and it is considered likely that
some sort of preparation for these is
already being made.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
Sales in Auction Rooms
Al IA vesey Street:
BY Joseph r. Day.
pIncH FRONT facing Abingdon s.


BLOCK FRONT facing Abingdon Square. known
as iO5 10 40 Bleecker st. aud 5, and SIS Bank st
$50 N SIS Hudson st.. and 2S9 West 18th st. l?l
~ ~ Tres foGr sS ,oI ds Gin 900 'A'
HARRISON Az. sc cor lSld st. slI62raoI7e. va
cant executors sale. estate Of John Bradley.
IsisI ST. ". 8. between Grand and Aqucduet
avs. 5oIleo sy d"ls siseSt95s s1.s; Is,
CHURCH ST. 2ss. 8. i27 4 Of White St.
sSt ADELAIDE & Brown et al: Riddle & Margeson
"a. Adam Wiener tlO partition. To chester
s,sT "% ST. 9s6 ". q. 2l5 It Of IVES, End az.
s5.loO J. sty tenmnt: Edith B H,lsey ast David
kass ct al. action !: Harold swain "a. Henry
SO E e iSe p.atr quo for 500 ''.''
sIsT ST 23s W. 5. go II E OF West End az.
S5rioc5 5 sy tenmnt: same asi same; seton :;
etc $3.50. To the plaintiff for $500
by Henry Brady.
18Th ST. 800 and 52t W. IS. $50 y " Of Amstef,
dam az. 5oTo9.li. sly tenmnt. samuel e, W'e, r,
a. Maurice Blumenth4 tRl; due; sl2;sle o.
l,sT az ' ST. 5.e and SIS " IS 400 OF Amsie
dam av. joS99 II. sly SANG sst 60 same a,tioa o..
80: subject to mtge OF $4,000 IL the plain
VII w by By l.. J. Philips & Co.
CATHEDRAL PARKWAY. I. n 5. 700. L.noI az,
s
All A RoSeustein et al. haniroNiH a =. sltys
\ Aleinikor. ref due. S6.6Jss' taLes &c.
SOS S.: sub 10 two mtgs asgregaung SloOoo' 10
the plaintiff for $4,000.
By James l.. Wells Co.
KIN ST az W s. STj 9th Az 25rloo ).
s,v fsumt and sly rear tenmt: Franklin say
rank In The city Of y Y AT MarE.ret Richard
son ct al: W VI Powell. atty; w OTIS. ref
due. fiii77ai: taxes. etc. $685.. TO the PLAIN
TN FOR $4,000
BY samuel Golddicker.
10TH ST. - z. - y Park az. lIIso 10. :
sfv termt l. Marshall sgt ID shlAchetkn 81 a.
Curvrnhsimer L A NJ atty VI Borel and. rel
due ssg2s a. taxes. etc. Sssol-. 10 the PLAIN
til for s. 900.
Al IN. BrouI Exchange:
BY ChAs A. Berran.
PERRY Az. 3se5. :. $40 Holt pl --ist 7
9tIlIS52 sty d-lE. VI Rock q Al AT Z Z
Ssih,,-,..bs, 81 al. Knor a ID. sttys: G q
Nsrrtn. ref. due s. 1876. taxes. etc. fio2 y
to tie plaintiff for 3o.OOe
BY James J. Donovan.
creARp Az e cor l66th 81. iooIl23. scaht
Lehman agt | l. Zinke Ct a. warren
.tfv. ] O'Brien. ref due. Sl'..oSf t@is''
etc 81 .5le.2l. TO the plaintiff fof si''V"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
COFFEE.

The recent nQudatng Increment in the coffee
r'etticn and while the demand yesterday was
mail snd total sales amounted 20 only 800 bags
prices were steady o. firm. closing at net uh-
rio,sed IN q poiuts advance II vas estimated that
sb0ut % 600 BAGS long september have been hqm-
dated recently. and this seemed n have RENE Ved
he weak holdings and offers were small. Trade
Interests were credited with taking rather more
nntin sic view Of the long side although conditions
H. trail we're not very encouraging 90 buyers. Cost
and freight offers were from 10 TO 20 points lower
on the inside quotation. and Brazil was apparently
irving 10 sell coffee here. III the cost and freight
1910 orers differed considerably according to
~Gcfbcr they were on English or American credit.
santos 5 being quoted at $500; IS al 3 SOC. and
"a AZ ( sOaq Toe English credit while 4 and IS
,ycre here al SSjc. IS and IS at soc; IS at
SIC. and As at $500. American credit No
lie tbere suggested that Europe is buying Rio
coffee for army purposes. The local spot market
was inactive but steady, with Rio is quoted al 'fsc
of
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
NEW YORK PRICES.
Wheat: ,lose. lesi,gr,"S'
INTERIOR RECEIPTS.
sgABoARO CLEARANcEs.
FIOUR AND MEAL

hing character. with buyers taking only what they
REQUIRE for immediate use. as the uncertain wheat
position made forward purchases undcsfdpie. Inc
following prices IN wood are quoted on iue Ne"
York Produce Exchange Spring patents 5000
g %. spring clears Sc 20@ $3.50. winter patents.
e. f06 s. s5' winter sirAgnts. !5.3j@$55O. extra
20 winters. S5iO@$ S. .. extra No winters
s49O@&J. Kansas straighis 60 90 ~ SyV iSHSS
au11ct. lair 10 good S5.75g$5.9O; choice TO fancy
g. s5G$6'i0' CORNNEA1.-fim: Kiln dried 81 -
gt4 ~ BAG MEAL Firm. fine white aud yell
low 81 SOqSls5. coarse $li0@$l15. fEkD-
civ firm, bran. bulk ga 40: lO0-i6 sscEs' s:G:
r roS 1dg Sour l40-lb sacks. So. Western firm
IRAN ID sacks s2j2j. standard middhngs do.
Sa0.Tj. four mddliugs do. $33. red dog nour
is0.ib sacks So va $50; oilmoal. so q $o'.jO
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30

,nert will be taken over sunday until MONDAY
In ,n.aAiug yesterday u the outlook fof ths sp-
prOaching sale Mr DAy said
y s~rbis sale IS going N make money for the man
n, aoman Who has confidence IN the future Of the
city ~ New YORK and IL limited Rapidly dinih-
l.hfu- ,upply " ocean front building sites. tor
witch there Is On ever increasing demand. THIS
outlook 10 strengthened by the fact that each and
e',5 si.n hang and dash. aud no dragging
9itiin lew hours of actual selling time. for
,,Lae,er price they will bring. no more and 10 less
,-tIor /, what thu owners want. aud actlou-qulcA
- am, actlon-ls shat are gOlns TO get. n
t,ru. 10 be made bY the bid4ets q The sale
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30

The local market for spot cotton was steady and
unchanged at Q 3jc for middling upland. delivered
on contract 500 bales southern spot markets
were telegrapled As follows New Orleans steady
unchanged at 69c: sales /. $50 bales. Mobile nom
inal unchanged al lSc. Baltimore nominal IN
changed n sac Augusta steady. l. points higher
al zoe sales. 272 bales. s. Louis quiet. IN
changed at s%c. Little Rock quiet. unchanged a.
soc Galveston steady. unchanged At '5c, sac"
500 bales Savannah steady. unchanged at Sizc
sales oil bales. Charleston and Wilmington nom
inal Memphis steady. unchanged at S15c; sale'
375 bales Houston steady. unchanged At y soc
sales. 557 bales. Norfolk steady. unchanged a.
soc: sales 1872 bales
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30

crease in net of s567,746. OF the de-
crease Of S166939 in operating costs
S153,900 is TO be credited to the item
Conduct of Transportation" One Of
the most interesting facts about the
June showing was the gain of S49S, 843
in passenger earnings. an increase to
be attributed almost in whole to traffic
to and from the expositions in Cali
fornia
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
HOGS.
Receipts. 26O head none for sale on live weigh
nominally steady.

Chicago. July .2s.--HOGs-R Receipts. $4,000: slow;
bulk s6$58s6so. Light. $l.OJ@T6O 50. mixed. s.. 80
pig. s6.5Oas7.5O' CATTLE Receipts. 900 head.
steady. native beef cattle. So 200$l025. Western
steers {6S] Ssh; COWS and heifers. s3.40@{92j
calves 81 JOa$ll. SHEEP-Reccipts y 900 head
strong at $G0$CS so. lambs. 50 - $S6j
Pittsburgh July 9.-HOGS-Rcceipts. 800; slow
heados. {7SO@s7 40: heap. Yorker. sSloa{S. Is;
LAMBS Receipts. 1000. steady. top sheep So.
top lambs. 50. CALVES Receipts. 100. steady
Cincinnati July 2s.-HOGs-Receipts. 500 slow
packers and butchers 81 25G $3.50. stays. s4aN -
common to G91e $40 tS p SSo and ns c sS
higher at s6@$l2 SHEEP-Recelpts. 1900 steady
East Bufialo July s-CATTLE-Receipts. 100
head: ,ctNe and firm YEALS-Receipts. so head:
active at S45O@Sl25O. HOGS-Receigts go
head. slow heavy. .!725q$7.5o: mixed, N.65g $9'
so VaH s. Is s,a i $500 $50 SHEEP and LANES
Receipts. zoo head active: sheep steady; lainns.
SJ@$9 o. yeariings 81 jOGE .. wethers s6.2'9
!675: ewes SSa$G. sheep mixed S6@$G.25.
Kansas City. July % -HOGS-Receipts. $500;
lover. bulk, s67o@H %; heay s6,33os,s' j. pack l.
s6.5o@s725. CATrLE-Rcceipis. 1000 steady
prime ted steers. 50 5O@$l0. dressed beef steers
g59 Southern seeTs 90 6 S'@f ScESi. and
feeders s. 959$s 40. bulls. Sj.5O@E. calves. 500
$lO25. SHEEP-Keccipis. 600. strong. e.. iSi .
eS>.6O. yesr,ings E6.5Oe$'oo' "e'heiS so'-'e
s.. Louis july %. -HoGs-Rcceipts. 6.Ooo lower
pigs aud lights. s. .2jaS775. mixed and bnichtis
tTS5S$17O; good heaU. $7@ T.2j. CAI.IrL.eo !.
Receipts 900 steady. native hscf steers. 81 30 q
SlOl5i ysflines steers ana heisisz sSs,9'VS stV.
cows $50 s.: s'1ckers and feeders. S6@So 90 TEXAS
and Indian steers. $3.50 s. IS, COWS and Aelisrs.
Aafs5O. native calves s6atlo7j, 81 SIE s',
Receipt goo steady mutions oeg sS.-'' o'e'd'
ing ewes. s. j0g$7. - lamb. $50 $50.
By Telegraph 90 The rnhWe.I
Louisville july e9 sheep aud lambs Receir's.
5os for four DAYS l1oeg rits, 10y &C. H Se,s
fat sheep. yaJl.c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
SUGAR.

sharp reduction IN prices made IN tho
market for refined sugar ana The market was some
what Irregular. The American. while note revising
is list prcts. was takug business on the basis Of
Sc for nue grauuiAicd while most Of the other
reruers we're selling 81 5.10c prompt and j.s5c fu-
lure delivery Withdrawals ou Old contracts WeIe
given the privilege OF this decline and while with
drawals were heavy. new business was comparative
N small There we're export inquiries here for a
considerable line % sugar but buyers aud sellers
Mere apAft and no sales were accomplished Tie
following are list prices ~ the American sugar Re
inning Co. Crystal domino tablets. cases. 2-lb car
tons half or fun size tablets. s.l0c: half cases
zoe: do cases j-b cartons. full size tablets se0c
half cases zoe. Eagle tablets. 1909. cut loaf.
7c: crushed 6.3j. XNNN powdered 6.25c: IN con-
tauers 25-lb bulk 6.'5c. Eagle. 5-lb bags pow .
dered 60. powdered and coarse powdered. and
Eagle coarse graduated GOO: fruit powdered and
Eagle extra lie g1alulsted. 6lOc: domino gTanu =
lated cases. =. = and ID cartons. 6.i0c. half
cases zoe. Eagle. o. "a. and ID cartons fire
graduated C.30c. 2-lb BAGS 10. 6i0c. 81. 10
bags do. Sc: 5-lb bags DO. o5yc, lO-lD bass DO.
q 5jc. IS and 20 ID bags DO aud standard graxu-
lated & 100. hnc graduated and diamond A. 61oc;
coafectiouc-s' A. 6c. 40 !. jS5c. No :. $500.
No s. 575c. No 4. 57Oc: No >. soc. No D j.COc
No T. 55jc. No : 5.50c: No 8. 5ijc: Ne 10.
$40. No II. 55jc. No j.. J.SOc. No ~. IL and
Prices % the marbe, Tor raw sugar were re
duced 3 Zoe from the last sale owing 10 sales
haviug been made OF q 900 bag - cubs. Ga
port and aaosl. A. Sos eosI and freight. ssles
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
Southern Pacific Ends Strong.

+, 80 thern Pacifc's fine earnings in
sSne rounded out fiscal year in which
soout 6h per cent was earned on the
..oek. or per cent less than a year
~, when there remained a surplus Of
siOsl,l2S after dividends. During the
!sar 100000 was added 10 fixed
..nsrges and operating income fell off
much more. In June there was an
'Asessse Of S419,339 in gross and a in
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30

we-, also rrpor,ed Of 50 600 tons OF Cubas for
Angus, shipment 10 Europe at soc b tnha.
These sales relieved the market ~ certain amour
prices were steady 81 the decline. centrifugal I've
INK quoted AZ i6ic. Molas,,s. Al 3Hic. and cost
aud freight a.sc
SUGAR RES.-Aitcr opening unchanged
TO a decline u 3 points futures nrmed w toward
The middle session on reports II fairly good
sized sale Of Cuban raws having been made 10
Europe Trade interests supported the market
with the selling rather scattered. Inc hdiNe!
egsed ON a Utfle Al the close and prices were net
3 points higher 10 3 points lower with sales Tor
the day I 500 tons. Range Of prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
CHEESE.

Receipts to DAY 3jOs boIes. Market has heal
thicr tone on the highest grades Of state colored
fats state. whole milk. fresh, flats and twins. co-
orcd specials. l4c. white. l%iz@ &c. coored aver
age fancy, 1874 @l344c. white. l3isc; daisies. spe-
Gals. l5.c: all styles, undergrades ~ y a DC
Pennsylvania whole milk. white. fats. l3dl34c.
Michigan. whole milk. colored. fats. l3alic. Wis
cousin whole milk. fresh. twins and fats. ia
l4Lc: daisies. l4ia dl4Ac: state skins fresh. spe
Gals. IlHllEc: choice. lO@ l0lzc. fair 10 good.
II Mai.c. common. 3aIc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-30
CASH QUOTATIONS..
New York. July 90. 1918.
CpAIA

WHEAT-The wheat market felt the pressure Of
increased offerings Of new winter wheat from me
ihruls. anu while exporters were credited Win TAI
Ing about 400 900 bushels. the demand was not o.
suncleni volume 10 absorb the offerings, and prices
developed weakness. closing with net losses Of 2sg
80 weather cohhtlons over portions OF inc ueit
we're again unsettled but wheat is moving IN larger
volume and receipts are expected 10 increase steal
ny. Inc OUTLOOK Tor e1pcli demand Is sun NIy
uncertain The recent buying mas been principally
OF red winter wheat for early shipment. which sus-
sess tle nlng OF freight contracts. ana there mas
been Little OF no demand for forward shipment.
Private cables from abroad suggested the prooahil-
ny Oh large requirements ny some oi the ieSuIng
being harvested abroad. and buyers are apparently
satisfied 10 await Developments here before making
new purchases. There were numerous complaints
received from the spring wheat states regarding lie
existence OF black rust. but leading crop experts
were quite unanimous in stating that UP TO the
present time little cT no damage las been dohe.
and that there is a possibility Of the spring wheat
crop amounting TO 300 600. 0OO bushels Very good
authorities admit that there is possibility Of ru,
damage IN the event Of musgy weather, but every
be The consensus OF opinion that the chances are
very bright for large yield. Canada also has
splendid prospects and II everything turns out well
II Will require big foreign demand 10 aosoio '.'e
surplus IN America this year. In The local .Cdsn
aud No hard Sl.l9.<, Ne" lofh -,
Northern Duluth. silica. / Buhdo. 'olN-
strong sustaining factor in the corn market. nut
prices gave way sharply under liquidation, W ompl
Ell by the break IN wheat. and closed al . &c
net lower. The trade was rather inclined 10 lake
more optimistic view Of the crop outlook, A.
temperatures during tie last DAY or Two have Deen
higher. which. with an abundance Of moisture n
the ground should produce a very active growth.
IN the local cash market oN : yellow CON vas
quoted at 9iLc. prompt shipment OAIS-lIe
oats market developed weakness IN sympathy WIN
wheat and com. aud closed al y q &c hrt decIhe.
Rrreipts were small. aud there was some apprt-
hensan Of bullsh Developments in the july position
during the next two days The local cash market
was ea,y, standard quoted at 81 &c; No white
65c: No 3 white &c. No 4 white. 63i2c; fancy
clipped white 67d6Sc. ordinary clipped white zoe
G5jI.c. all elevator. RYE-Market quie,; no ,.,
Western 81 OS. Z New York export. BARLEY
Market steady: feeding. 7sc. and mailing. $780,
i Buffalo.
NEW YORK PRICES.