The Brooklyn Daily Eagle from Brooklyn, New York • Page 14

THE BROOKLYN DATLY EAGLR NEW YORK. TUESDAY. AUGUST S. 1903. CORN PRODUCTS' COMMITTEE.

INCREASED BOND TRANSACTIONS! trust companies. TKust companies. Wheat Declines on Active Selling After Weather Bureau Report Corn Steady. Chartered 1866. I Flour.

Wheat. Corn. Oats. Ban-el. Buhois.

Bushels. Bushes. Milwaukee mh M. 6. I uluth ITT Sl- LOUIS J.tHJ kivi'i ir.i!,i'M Kansas City S.Ml SO.i- 41.

IV nut 2.ii) Ptoria T.xi Total 5:7.::4 SiS.Sr.3 KKCEIPT3 AT ATLANTIC PORTS. Wheat. Corn Buh. Bulioi. 1 York I'MOll 3 j.l', jh.J'-I J'iiilrtiU-lphia l'v.

M.t;.jl S.l-.i I'alrinvTf r' N-w (rKans 7. 'i O.tlveituli l.l,-',"' 1.4'it Total Kl.Slj Total 94.37.". lv- EXPORTS FROM ATLANTIC PORTS. Fiour. Whoat.

Corn. Oats. Barrels. Bushels. Busliels.

Bushels. New York li Boston l.jr.j Iv.iila.lelpau Baltimore 3.0 34.: Total 7.i ik m.xr, Brooklyn Trust Company. Main Office: 177-179 Montague St Branch: Bedford Avenue and Pulton St, Capital Stock, $1,000,000.00. Undivided Profits, 2,117,745.55 HtCAPITlXATIOX OF THE WEEK'S i. Wlleal.

Com. Klnur. Oats. Busiii-is Carrels. Busnels.

ov.lS 41', 443 14.6SO llv.i',0 3.116 M'O JS.J T.nOij 13. i7 4HH4 45 1 1.3M 1 l.SOl a.51'1 2.142 19S.464 14.6l'3 3-11. 9S1 1.231.323 67.S74 K.M i.S.56 73.650 31.213 235. 73S 23 Hamilton Trust Company, 191 Montague Street. capital SURPLUS AND UNDIVIDED PROFITS $1,105,104.77 Interest on Accounts Subject to Check.

Special Rates on Time Deposits. Letters of Credit Issued, Available at Home or Abroad. Transacts General Trust Company Business. OFFICERS. SILAS B.

DTJTCHER President WILLIAM BERRI Vice-President WALTER C. HIIMSTONE 2d Vlce-Presidsnt GEORGE- HADDEM Jd Vlc-Pre. ft Seo'y ROBT. S. GIRLING Asst.

Secretary TRUSTEES. William Bern Walter C. Humstons Horatio Uiglow Hy. a Hutchinson tzra D. Bushnell John C.

McGuire David F. Butcher ISuk. P. O'Connor Bversley Childs John N. Partrldae Charles Cooper Tho.

E. Peornall Silas B. Dutcher Fred. H. Pouch nitmas.

Jr. F. Sullivan Smith Frederick H. Ecker Millard F. Smith 1 Wlllard E.

Edmlster Wm. V. R. Smith George Hadden Timothy Woodruff John R. Hereman Henry N.

Whitney N'i'vv York Portland. Me. 11' sU'll rhilatl.phla Xewjion New! M.n.ik. Now Orlf ar.s I4r.lv..-trn Montreal Total week 1 'reuous eeli Ini-ieare iwrcase K.43S CO.MPARATIVE Sf.MMARY OF AGGREGATE KXrORTS. 1, 15iC TO AfOCST 5.

IPOS. heat, hushels barrels Total as wheat, bu. 171 tvrti. bushels Cits, bushels S36. iS7 Decrease.

2.S17.3-57 1.4.'S,'i61 631, 2.37..i4S e.5 2.34S.D15 2i)6, 273 "Increase. The available supplies of the principal grains, according to Bradstreet's telegraphic reports, were: UMTEU STATES AND CANADA EAST Or THE ROCKIES. Wheal. Cern. Oats.

busluis. Viusliels. bushels. Last week y.6:i.vi'0 I1re ious week 21, 8. iv.

T.u Increase 1.235a.'J Dtcrease 403.t" A comparison with similar figures on the nearest corresponding dates in the two preceding years Is as follows: Wheat. Corn. Oats. bushels. busliels.

bushels. Last year ly.jUu.iO y.SI'v.'OO 3.6-6.tn: Previous year 21.o32.0i.1 11.113.0UO 9. The exports of pork, bacon, hams and lard from the principal Atlantic seaboard ports for the week ending August 5, 1905, and the countries to which shipments were made were as follows; Bacon Pork, and hams. Lard. Harrels.

Pounds. Pounds. New York 2.12S 5.62S,5'n) Boston ta 7S1.6S5 Portland. Me 73," M.ir.triMl 1.61S"S Philadelphia 14.2-.5 llnltimore New Orleans 20 153.45S 322.315 Mlille 4uo 37S.il News 606.1s-! GaUeston 103, 000 125-6SJ Total week Pi evlolls week Two weeks ago Oor'n'fl. wepif linn To I'nlteit Kingdom lo eontment TO aH t' Amerion To West Indies To N.

A Col To other countries Total 15.58l.4''S POmnaratiVe KltmmarV nt mnrraoila Avnn.lH from November 1, 1904, to August 5, 1903: Renn Pork, an-i hams. Lard. Pounds. 495,613,510 ouiius. UUI1US.

November 1. 1W4, tO 190,5 in tTI Crtrt ne iMjvemner 1, 190,1, TO 15fll OIC OnA ten c.T -n- ".1 I'll Increase 4.2.55.600 53.440.369 THE PIG IRON MARKET. The market showed a very steady tone this morning, and there were evidences of orders for quite good lots in the market. Bids and offers were nnito scale, but both buyers and sellers were so mr upri mat 11 was difficult to make transactions. The i- u.

miClllSl HI lm market shows pvldenoo nt in.T.oca u- Is apparently considerable disposition to hedge operations in futures. tl A. .11 3.6'it l.VSS'Ufll! P.S65.943 2.335 16. 1167. '121 ll.nsi.FTT 4.15S 13.75ii.917 I.332 v.

5.1T5.2:'6 720 14.245.223 5.2'3.21.i 2-5 1.325.3?3 44. MS 31I5S 1.752 262,750 603.46-1 4.5S" 4.4S0 2 P.M. The wheat market was fairly steady with irall changes and rather light trade. The interest in the market appeared to be professional. The weather West was fairly -food with showers at one or two spots in the Northwest.

Showers were predicted 'for Minnesota, but iair weather in the Dakota. The news from abroad was of quiet i' markets. Liverpool showing a little decline Jlrom Friday, but no important change. The reports from India ot light offerings and xr" reduced surplus estimates in Russia, had ieome effect in the early dealings. The fact, however, that Europe is not a buyer ''in any volume of either cash or futures, S(dn fact showing very little Interest, offsets the crop news.

A correction was made this morning in 5-esterday's report on pus-sage figures. As Ctorrected they read: Wheat to U. 120.000 bushels; to the continent, 14.uSO.000 fcimshels; total, 35.200,000 bushels; increase Pffor the week, 400,000 bushels. Corn to (Ai. 11,220.000 bushels, to the continent, iciou.uuu ousneis; total, in, 350,000 bushels; Increase for week, 1,785,000 bushels.

These corrected figures, with the visible supply, annkn Irm Fr.mrt total nf is ilitn 791.000 bushels lor the week; com! ti.iti.vw Dusneis, increase 1.26,ou0 bushels. 1 jne Ainriiet Keeorit nas made a very careful canvas of the Northwestern situation, and a careful compilation 'iof its reports points to a yield of 16 bushels per acre in North Dakota. 14H bushels in 'South Dakota and 15 bushels in Minnesota. VThese reports indicate a total crop of bushels, based on the government jjtSgures of acreage. I Broomhail cables that natives in India are fliot offering wheat, but are very firm hold's ers; estimates of the wheat exportable are being reduced.

Estimates of -the Russian exportable surplus of wheat from 40.000,000 to 56,000,000 bushels less tthan last year, and the exportable surplus 7of wheat Iron, the Danube is estimated at feabout 16,000,000 bushelss more than last Vj-ear. Broomhall's foreign crop summary, to-day, says; I'nlted Kingdom, weather unsettled, crops have been little harmed liitberto. France, good progress has been inade with harvest; there are some complaints as to the yield and quality; several reports say that the crop will not exceed the last. Germany, there are a great many complaints regarding the quality of the crop of all cereals, but the reports regarding the quantity are good. Russia, reports regarding wheat crop situation unchanged; maize crop suffering from drought.

A press report from Bombay says that fihere is much nxiety regrdlng the jljrops owin? to the disappointing character- of this year's monsoon. 5 CHICAGO GRAIN STOCKS. Private elevator Week's 7. '95. changes.

Alia-. 3 111.. iurn. uusneis T7.t.,o lats. bushels Public and private, elevator stocks- 2.

1-. viii, ousneis O.L'y.O'ltl Oats. bushels 3.S03.000 Dec.l,u.6.tri") it Contract stocks I'Wheat. 2.074, (too ICorn, buphIs l.fl9l.vrf Kats. bushels 672.0"0 riee.

77t.0n,l l.rl i -j '-lv rnc. wneat was heavy late, selling off to the flow point of the day. 5 Corn was active and quite strong. There was good buying during the morning and rprlces easily worked up. This was partly loue to reports of unfavorable weather conditions in Illinois, fair cash demand and CBome buying by large interests.

The decrease in stocks at Chicago also tended to prevent any pressure. Corn after strength and activity early dull and was rather heavy with wheat. Exporters took 21 loads. VJe "atcly active and quite Bteady The development of export business yesterday and of good cash trade West 1 it ndfit0 check the bearish feeling, owing to he liberal movement and large increase in fTivate stocks. Oats were very steady most of the day, off a little with other grains Exporters took 150,000 bushels and 200,000 bush-LelB more were rumored.

vwere VPry ln 'he early Woaiings, with prices quite steady on the email movement of hogs. Provisions were firm early, but later be-kcame active and strong. FUTURE MARKETS AT NEW YORK Reported by L. G. Qulnlln 68 Broadway.) Low-nl 88' Clos- Jne.

ppt. 877i) PS1', 8038 83 days Ini. I Dec jCOR.N- tAP.D- 53 60 7.30 7-30 FUTUR Vi MA WTTTQ A If if lEeportcd by L. Q. Qulnltn 66 Broodway.) Oppn- men-en.

Lcw- 82s, 83 WTIEAT COKN- Clos- Ir.g. S3 54 '4 53 Fept 53 Dec 45' 45. OATS- Sept 26'i2 20 Dec 27 I.ABD- Pept 7.57 7. 62 7.65 7-70 JUIBB- i'' Sept 8.25 fi.32 8.32 8 37 53 4.V4 21 7.57 7-05 R.22 S.30 53'o 21 7.00 7.70 8.30 8-32 274 7.55 7.02 S-20 8.27 Sept 13.87 14 15 13-87 14.02 13.00 13 82 14.10 13.82 14-02 13 80 cash markets at new yurk. Vest.r.

io-'iay. day. Weak 88 88 i i Ko.lNorth,f.o.b.,afl't Tuesilay Quiet 115' Easy tiO'i. an Dun 75 '4 Dull 6 00 4 80 Firm 7-25 Firm 1450 Quiet fORN Du No. 2 Corn, elevator.

"OATS Lmii No. 2 Oats, elevator. 31 JfflYE Dull No. 2, f. o.

05 FIX)UR Uull Minn. Patent 5 fi() Winter Straight.new. 4-25 Dull 61 V.eaK 32 Weak 65 Weak 5-00 4.25 Dull 7-35 Dull 14.75 Dull tABl) Prime 7.35 fORK Old Mess pCEAN FREIGHTS. Liverpool Corlr, to1- 2bd 2e0d COMPARISON OP CASH Current cash prices at New York of staple, Uriines compared witn it eotswponding days of last Vear, arc ai. follows: To-dav.

month and last Last Last Month. T'ur. PASSENGER KATE WAR SETTLED. Differences Between Michigan Central and Other Roads Adjusted. Chicago, August S-The easlbound war on passeuger differential rates from Chicago to points In the East was settled yesterday, and normal rates will be restored on August I'O.

the earliest date possible for restoration of rales under the interstate commerce act. The Michigan Central Railroad Company agrees 1,8 r'Kh to anv dinerential to liuiiaio. It also agrees not to applv any uifivrenual rate out of Chicago on throuph to New York reading over New Yotk central lines east 0f Buffalo. It retains the right, however, of selling tickets ai differential rates out ot Chicago reading over lines other than those of the New York Central east of Buffalo, and also of using differential rates as basing rates bv- cn- York Central and other routes cast "ot Buffalo on all iioiu points west of Chicago, WEEKLY CROP BULLETIN. Some Rust Damage, but No Serious Injury to Spring Wheat-Corn Needs Rain.

Washlngton-The Weather Bureau's weekly crop summary, issued at noon to-day, says: While rust in spring wheat is more or less prevalent in the Dakotas and to a flight extent In Nebraska Iowa and Minnesota, the reports generally Indicate that the crop has not sustained serious injury. Harvest Is nearly finished in Iowa, unit is in progress ln Nebraska and the southern portions of South Dakota and Minnesota, but has not yet r-gun In North Dakota, where the crop Is generally in excellent condition, with long heads, which ace filling well. In Oregon harvesting Is active, with yields below expectations. In ashington spring wheat is ripening rapidly and Is beyond further Injury from hot winds Threshing of winter wheat Is largely completed In the rrinclpal wheat states. This work has, liowever, been Interrupted bv rains In Kansas, and complaints of Injury from moisture continue from Tennessee and the Middle Atlantic states Plowing fur fall seeding is in progress ln the southern portion of the central states.

Over the central nd western portions of the corn belt and the greater part of the Middle Atlantic states corn continues In excellent condition, and while needing rain In the Ohio Vallev the condition of the crop ln that district Is generally promising. Nearly all reports indicate that a gooil crop ot oats has been secured. Harvesting Is now-finished, except in the extreme northerly districts, where It is well advanced. Cotton shows some Improvement In Tennessee, western North Carolina, northern Alabama, Mississippi, Arkansas. Oklahoma and the Indian Territory, northeastern Alabama.

Missouri, northeastern Texas and portions of Louisiana, but elsewhere oer tne cotton nelt the crop has deteriorated. The prevalence of rust Is very generally reported from the eastern district and also from portions of the central and western districts. Boll weevils and boll worms are doing consider, able ilnmaRe ln Texas and western Louisiana, hut in the first named state they are less numerous. Picking Is general ln southern Texas and in some central counties of that state, and has commenced over the southern portion of the eaBtern district. NO MELON-CUTTING, SAYS HILL.

Crop Conditions Indicate Good Average Yield Some Rust Damage Which May Increase. J. Hill, president of the Great Northern Railway Company, arrived in town from the Adirondacks yesterday afternoon. When asked in regard to the rumors of stock dividends or stock bonus of the Great Northern and Northern Pacific he Is quoted as saying: "Nothing of the sort. No melon- cutting.

We are not in the vegetable busi ness. But the Street is at liberty to think whatever It pleases about those properties." Concerning crop conditions and the wheat harvest, Mr. Hill is quoted as follows: "The Great Northern territory promises a good, fair, average year. Rust and smut are reported from various sections, and it is not denied that they have done some damage. But we cannot tell as yet what it may amount to, but there Is a possibility that the rust may make great inroads and accomplish a great deal of harm." Exhaustive reports received at the North ern Securities office concerning crop condi tions up to July 31 indlcnte conditions 100 per cent, better at Borne points and 50 per cent, better at others, while in certain sec tions reports are pessimistic, telling of dam age by rust.

Mr. Hill expressed the opinion that in two weeks time the nnal results 01 Northwestern conditions would be known. CHICAGO TRACTION AFFAIRS. Meeting in New York to Consider Plans for a Merger of All Linen. Chicago, August 8 Representatives of the controlling financial interests in the various local street car companies who meet in York within a couple of days for the purpose of considering the plans for a merger of the various lines upon a one city, one company, one system and one fare basis, and also to go over the legal and rehabilitation propositions which the representatives of the various street car companies of Chicago have had under discussion.

John J. Mitchell, the well known banker of this city, who is one of the controlling men in the traction syndicate, has gone to New York and it was announced that he will there meet the other controlling financial men who are expected to furnish the money necessary for the rehabilitation of the lines. Mr. Mitchell, before his departure, stated that he hoped some settlement arrangement could be agreed upon between the city and the companies within a short time. FARMERS HOLDING COTTON.

Southern Col ton Ass'n Issues Proclamation Not to Sell Under 12 Cents. New Orleans, August 8 Because of the advices received by Southern supporters of a prominent bear operator in the cotton down this week to 9 cents and next week back of him and will put prices of cotton down this week to Ii centsfi and next week stir, lower, farmers all over South are putting on buttons wearing "We will bust Wall Street." Officers of Southern Cotton Association have sent broadcast proclamations to farmers ordering them to hold cotton for 12 cents. Many farmers who have taken ffcelr crop to town have hauled It back home and say they will burn It before they will sell at less than that price. Farmers are broking quarantine rules to attend mass meetings. Spot iron are buying futures be-li'vlng in the farmers' determination to hold for higher prices.

Southern bankers have offered the cotton association all the money needed to assist in the fight against the Street. HYDE SELLS DENVER BANK STOCK Denver. August 8 James Hazen Hyde, of Now York, has sold his stock In the Find National Rank of this cltv to Charles M. Mac.NVili, one of the leading mill men of the state and first vice president and man-ag'T of the L'nltcri States Reduction and Keflning Company. Mr.

MacNnlil has re-eonily boon malting heavy Investments In beet sngnr enterprises' throughout the stale. Mr. Hyde owned 1 shares of the stock. Mr. ManNelll pair much more than par.

He has been placed on the bank's directorate. BUYING OF STEELS AND ERIE. Th" r'-ccnt h-nvy buying of the I'nlted Ptat's Steel stocks and the Erles is oM have been largely in the Interest of men who mm (o realize more fully than heretofore the strong position of these two com-pontes. Very much higher prices are talked lor Krie common. It is even said that the sto' ulll sell at.

75 this fall and that conservative interests are confident that, it will advance well into the 50s at least. Very much higher are also freely predicted ror both states Steel common and preforn d. ARKANSAS R. R. TAXES HIGHER.

I.H'le Rock, August 8 The Slate Railway ParH hn. .1, assessment on the Iron Mountain Road I-- rwtnsas (Jity soutnern, fz.tb'i; the ChOCtaW rirnm.h r.9 Al. Si. Iuls $1,000, and the 'Frisco system, $1,000. All other roads are nRsrsserl nt the same rate as last, year.

It is expected that the Increased assessment will be contested. Members. Accordins to the Transfer Books, Not Stockholders of Record. Attempts made to ascertain how-large a body of stockholders, or how much stock is represented by "stockholders committee" of the Corn Prodtiets Company, a 11-nounoemont of the formation of which was recently made, revealed the fact that, ac cording to the transfer books, the members of ibis committee do not appear on record as holders of any stock whatever in the company. Counsel for the committee, when questioned in regard to this matter explained that while the members may not have any stock registered In their own names, they represented brokerage houses, their clients and others whose stock aggregated a considerable amount, just how niuit) he was unable to state.

He said that some interesting developments were likely to take place at the meeting which the committee will hold August 9. In view of the fact that members of the committee do not appear as stockholders on the books of the Corn Products Company it is understood that the management, so far as developments have gone up to this time, is not disposed to pay much attention to the request for detailed information in regard lo the entire operations of the Corn Products Company and its subsidiary concerns. It was intimated that the Corn Products Company had no dfsire to let its competitors into all the secrets of its business, as the answering of some of the questions asked by the committee would necessarily do. CANADIAN PACIFIC DIVIDEND. A Change in Present Bate Not Considered Likely Outlook for '-Soo" Dividend.

It Is expected that the directors of the Canadian Pacific Railway Company will meet in Montreal directly after the annual meeting of the stockholders on August 14, and take action on the semi-annual dividends. Ii seems to be tne opinion in well informed circles that no change will be made in rates. There Is in the treasury of the company a little more than 000 stock. It is possible that the directors at the meeting mentioned may vote to Issue a part or all of this amount. As it has already been authorized by the stockholders only action by the directors is now needed in order to Issue.

It is thought that the directors of the Minneapolis, St. Paul and Sault Ste. Marie Railway Company will not meet for action on their semi-annual dividends until the day of the annual meetlns- of the stockholders which will be neld on September 1. There has been considerable talk of the common stock dividend being increased when action Is next taken on that question. So far as can be learned no definite decision on this matter has been reached.

The present rate Is 4 per cent. The earnings of the company are large and promise to be still larger. EUROPEAN STOCK MARKETS. Money In Demaji London Stocks Firm, Americans Irregular Paris and Berlin Firm. London, August Money to-day was in fair demand and tolerably firm, but the supply was uncertain.

Discounts were steady but quiet. The Stock Exchange spened quietly and firm. Many members of the Exchange have not yet returned after the holidays. Consols were fractionally harder and closed easier. Americans opened steady on higher New York parities.

United States Steel Corporation stocks were prominent, but-' the advances were not wholly though the tone was cheerful. Later movements were irregular and the close was quiet. Foreigners were quiet but Continentals reflected the firmness of the Paris Bourse. Foreign rails were on the up grade, notably Mexicans. Japanese Imperial Sixes of 1904 were quoted at 104.

Money was per cent. Discount rates were: Short bills, 1 13-16 per three months' bills, 1 per cent. The amount of bullion taken into the Bank of England on balance to-day was 60,000. Paris The Bourse to-day waB inactive, but firm throughout. Russian Imperial Fours wire quoted at R8.40 and Russian Bonds ot 1W4 at 502.00.

Three per cent, rentes were 99 francs 70 centimes for the account. Exchange on London was 25 francs 15 centimes for Berlin The tendency of the Boerse to-day was toward firmness. Exchange on London was 20 marks 47V4 pfennigs for checks. Discount rates were: Short bills, 2 per three months bills, 2V, per cent. LONDON QUOTATIONS.

ClM- N. Cloi-. tnr N. T. eejulv.

i 13S4 17.1 :.3 I43 108 nn 181-i Son to 131 t.71 Mi'i VI.V4 70 Inir enuiv. Ccrsel.iron. 0 rt-16 N.T. Centralis Anaconda 6 li.7 A west. Norl.

w.nf AtohisoD 904 Atchlfon uf hlH -Nor. einr'R 1S4 It'll '4 I Ont. Bali. 14 Bait o. rit.101 l-etinsylvanitt TJHi 1-1 an.

aciBcliJOU MO" I Heart. Ut 4K't neaainir. he Jt (mm 1 "dan. pf 1iH SO I Hock 112 4 "'I W.I'aul imn I ffontbern I'ao Chi.JtOt. W.

21 Denv.a: Itioti H2f8 ken. h.G.pf Mil Erie 4 Erie 1st Erie ii id 77! Illinois cent. 17(111 Louid.4Nasrt.152 Met. Centra pt 1,7 Nut.llij.pt.. tiu qrv-i "outuern Hv.

11(114 South. Hf. pU01i Luiuiii ITI'4 L'nionl'ac. pfl00 14K'4 s.suiel.... MVf, f.bleei uflORH Watuisii 20 I Winmsu 41 ij IB 72 NEW HEAD FOR GREAT NORTHERN Louis W.

Hill Will Be Elected President of the System. Seattle, August 8 Louis W. Hill, first vice president of the Great Northern Railway Company, announces that he will be elected pre and that Howard James will be made vice president of the Great Northern Steamship Company. J. D.

Far-rell, who resigned, will remain president of the steamship company until Mr. Hill is elected. Howard James will be in active control of the steamship company. There will be no successor elected to -Mr. Farrcll as assistant to the president of the Great Northern Railway Company, but the duties of L.

C. Gllman. Western counsel, will be enlarged so that he will have charge of Great Railway alfalrs In the North- EAKNINGS. ii(0; CnilAT NORTHKRN- pySTBM: July J3.672.715 MOIUI.E AND OHIO: Fi.urth ucek July 279,011 Sffi ht.l fil'l fiKANDR F'iurth wi-ek July -1S7 jn (), 37.4.11 TWIN CITY MAI'IIJ TRANSIT: Fourth July 137 jt -p Mmh From January 1 2.r.1,9m 2.11S,l'i! I.NTF.ItOf'KANir: RAILUAy ()F MKXICO- Fourth July 145 mh" From 1 3.7'i.2i 3.7.11,339 NATKIX.M. RAILROAD OF MEXICO: Fourth week July 274 Month 1 rom Jnnunry 1 7.040,119 6 774 in; finriiio.

and st. i-acl RAILWAY June. mo S4.2in.R2l N'et 1.42.2'iS l.l-7,7W Flpi-al year, groea 4S.3::n.:i:!4 -N''- lH.4r,3.74o IN-niANAPOLls Ldl'lSVILLB: Fourth week July 144037 Month 4MJ2f NEW COTTON EX. MEMBERS. At a meeting of the board of managers at the New York Cotton Kxrhapge, held after the close of business yesterday, the following were elected members of the exchange: Charleis G.

Abcrcronibie of Montgomery, Slefano Cattaneo Adorno. at Prenie. Wilson Jules Cassard of New Orleans; Spencer Waters, at J. H. Parker h.

M. Van Vliet. at Cushlng i- Van Vliet, Produce Exchange; Joseph of Grenada, Mlsa. Houses Report a Better Inquiry Recently for Standard Investment Issues. An encouraging feature in recent trading is the very noticeable increase In bond transactions.

Not only are dealings on the Stock Exchange larger, but oond houses also report a much better inquiry for standard investment issues. The public whi(h has long been nibbling at bonds, appears to be now coming into that market on a much larger scale and the over-the-coumer demand is beginning to show a material expansion. ln dealings on the Stock Exchange, I'nlted States Steel sinking fund os have been decidedly strong. Investors reason that inasmuch as the Steel Corporation during the re cent depression was fully able to maintain its 7 per cent, dividend oa the preferred stock, and Its earnings are now showing handsome increases, with prospects ahead of the largest business In its history, the second mortgage 5 per cent, bonds are a reasonably safe investment and comparatively cheap at the prevailing market price. Then, too, it must be remembered that a certain portion of these bonds is called for redemption each year after 1913 at 110, there, after to be kept alive in the treasury of the corporation, drawing Interest as before.

which will be added to the sinking fund appropriation. The action of the Central of Georgia directors in declaring the full 5 per cent, interest on all the three classes of its income bonds, did not come as much of a surprise, as it has long been known that the property Is earning sufficient to meet all requirements of the Income Issues. INTERNATIONAL PAPER CO. Profits and Business Said to Be in Excess of 1904 Common Dividend Outlook. A good deal of interest is manifested in some quarters over the forthcoming annual report of the International Paper Company.

The company, it is stated, has been operating under exceptionally advantageous circumstances during the past year and it is confidently expected will show a considerable improvement ln business and profits over tho year ended June 30, 1904. In that year the company's gross income was $20,304,513 and its net Income $2,061,660. The dividends on the preferred stock at 6 per cent, amounted to $1,344,402, leaving an excess over all expenditures and dividends of $717,258. This, added to the surplus then existing, made a total surplus on June 30, 1904, of $5,976,431. There Is a growing sentiment among the stockholders that this surplus has now reached sufficient proportions to satisfy the management ami to entitle the common stock, holders to something ln the way of a distribution.

The surplus earnings for last year were more than sufficient to pay 4 per cent, on the common stock, while this year, it is claimed, there is every prospect that it could pay considerably more. A distribution at the rate of 2 per cent, could, it 1b claimed, be made and the directors still continue in their conservative course. IRON WORKERS STRIKE ORDERED Between 15,000 and 20,000 Men Will Quit Work. Cleveland. August 8 The Plain Dealer yesterday said: "Orders were Issued Monday afternoon from tho headquarters of the International Association of Bridge and Structural Iron Workers by Secretary J.

J. Mc-Namara, for a general strike against the American Bridge Company from Maine to California. It is estimated that between 15,000 and 20,000 bridge and structural iron workers will quit work. Bridge work will be tied up in many parts of the country, and a number of big building projects will be delayed. The strike of the iron workers, when it comes, will affect thousands in the building Industry.

The general strike, according to Secretary McNamara, was the outcome of trouble between the union and the American company over the sub-letting of a contract to a Boston concern, which the union claims is "unfair." RAISIN GROWERS CONSOLIDATE. All Important Interests In California Now Under One Head. San Francisco, August 8 A deal has been consummated which will merge most of the raisin growing interests of this state Into one corporation. The new corporation is to be known as the Central California Raisin Packing Company and will combine the united properties of the California Raisin Growers Company and the Mercantile Packing Company, the latter including eleven of the most prominent packers In the state. Henry J.

Crocker has been chosen president. It Is expected that the corporation will represent nil the growing and packing Interests of the state. The contracts for this year's crop and the succeeding crops of the next two years have already been made. OUTLOOK FOR GOULD ISSUES. It Is claimed that the Gould Issues will soon become active, with Missouri Pacific as the leader.

Conditions In Missouri Pacific are now very bullish on that stock. Heavy crops of wheat, oats and hay have been harvested and a corn crop that will break all previous records is about finished. Missouri Pacific stock has become comparatively scarce as a result of the accumulation that has been going on. The huge crops harvested, or about to be harvested ln Pacific territory are expected to have the effect of advancing the stock to a considerably higher level when the crop movement is reflected ln earnings. U.

S. STEEL SINKING FUND BONDS. It Is expected that the minor steel stocks will continue to play a prominent part in the market. Heretofore the United States Steel sinking fund 5 per cent, bonds have been regarded largely as a speculative issue Now that the dividend on the preferred stock-seems assured for an Indefinite period and as the prospects are bright for a dividend on the common next year, the bonds have come to be regarded as a very good investment Issue and it is understood that most of the buying of this security recently has been (or investment. NEW WABASH TEHMINAL ROUTE.

Baltimore. August 8 It Is reported here that the IJrim Point Railway, from PiU1 1,33 becn Purchased 1 a deep water terminal route A L. Shute. of the New York contracting firm of Shute Arnold, while in Prince Frerterickstown recently to engage for a corps of engineers thc of the 'uhave that he Wabash had purchased the road with all Its franchises from Edward Lauterbach. WALLA BOUT WHOLESALE MARKET Tomatoes were more plentiful this morn-iiK at Wnllabout Market and cheaper for those of owcr hitalitv BumfT wpr" vr Huttu-lancy KIKln.

23iir per pound-New, full cream lH4al2c Mlled e.lv. SaJV; i '-j. ('stern ll 4a 2r- each. livers, wmoo uM round-Hams, Ijiia lltlllin, ac nrj I'll lii.niH, He: rll hainn. Ilal2e; Helen.

12al5c ellnlr. iliy euti 'l l.acon. smoke. I beef, Uf frnnkeH t'lngiif, 18c; cornwl Iohkuc, I4r; cornel pork 9. 1'ie; ShSc; crnd lignite-' ho logr.a, UnHic; lard, compound.

In 50 to 60 pound pack.iKff. fcic; pure lard. He; leaf lard, not render. 'I, Kloh, per poutul riluennh, 8c; Spanlnh ma-kcrd. wpaktlsh.liajc; California minion rod.

he; hnilili 6c; 7c; halibut' KuHtorn. Ho; striped hns.s, 12nl.ic; leuliass, 7c; por Kles. orlihli, p.i;; ioh12c: (luke, 6r; inackeiel, salted, new Amrlenn. barrel' Kit-. iJidliy heirltm, lSaJHc box; driiii CGdlMi, ahu tiound; ainoked haddock, 10c; oxilfri.

II basltet, $4..) pr barrel; hard (damn II banket; I. ltUo Nii-k. haxkt; soft damn. per Anvil; lulmrrs, per lOalSc; loft crabs amall, alGc per dozen. Poultry, dres.eil.

per pound Capons. Weattru, J3u28u; froieu culckeuB. dry picked, 18a i Bid. Ajkea. I4M5 l.VitO 14 1,5 4,) 14 1HJ 4:, 14 1-0 In.

5) l-i-l 1.5,5.1 15 O-i 17. THE NASSAU TRUST COMPANY, BROADWAY BEDFORD AVE. 356-358 FULTON STRUCT. Capital and Undivided Profits, Over $1,000,000.00 INTEREST ALLOWED ON ACCOUNTS AND SPECIAL RATES ON TIME DEPOSITS. Authorized to act as Executor, Trustee Administrator, Committee, etc.

Accounts ef Individuals, business arms, corporations, estates, invited. Travelers' letters of credit and bankers' money orders issued. OFFICERS I vvffi JOHN TRU6LOW. HARRY F. BURNS, Sfcretarr.

FRANCIS WEEKES. 1 C. WOODWORTH. Secretaris The Peoples Trust Company MAIN OFFICE 173 Montague Street. BBDFORD BRANCH Bedford Ave.

and Halsey Street. Capital and Surplus, $2,700,000. OFFICERS! JohaMa, Preatdeut. J. C.

Dettmer, Vice President. H. J. Horse, Vice President. Charles A.

Boody, Secretary. C. L. Svheack, Asst. Secretary.

H. M. Heath, Asst. Secretary. TRUSTBESl Isidore at.

Bon. soiometi w. Johnxm. David A. Boody.

James Jourden. Cartai. Adrian T. Klernan. William M.

Cole. W. JCugene Kimball wm. O. Courtney.

James Mc-Mahon. Wm. B. Davenport. Horace J.

MorM. J. O. Dettmer. Herbert L.

Pratt. Charles M. Enills. Clarence Seamans. William H.

Good. Howard M. Smith. William B. HUI.

Casimlr Tag. Edward ohnaon. George P. Tungeman. Wm.

H. Ziecler. EXECUTIVE COMMITTEE. i JAMES MoMAHON, Chairman. ISIDORE M.

BON, J. G. DMTTMBR, DAVID A. BOODY, EDWARD JOHNSON, WILLIAM COLE HORACE J. MORSE.

Franklin Trust Company 164-1H8 MONTAGUE ST. BOROITGH OF RRnnTTl.vv 140 BROADWAY. IIOHOIGH OF MANHATTAN. NEW YORK CITY. JUNE 30, 1905.

ASSETS. Bonda and Mortraa-ea (478.200 00 City ef New York Bondu, Market Value sa), 347.31 Etocks, Bonds. Market Loam on Collateral and Bills Purchased ash In Office and Banks 2,615,713 81 Real K-atate 4S2. 317.00 interest Accrued 79, 145. 10 Jl3.0flk.8S9.-l T.T A Diumnia Capital Stock 1.0i0.00,l 00 UM.1G2.9J 72.460.51 m.oOO.OO 2.1.061.00 J15.0S8.SS3.

71 surplus and undivided Deposits Certified check Interest Accrued Taxes Accrued Dividend Co Unpaid OFFICEHSl oaLf. n. BUUTWAHU W.M. H. WALLACE! DATES D.

FAHNF.STOCK... CLINTON W. LL'IJLUM OKI). H. SOUTHARD.

FREDERICK W. RICHT President Vice President Vice President Secretary Assistant Secretary Secretary WM. I. Trust Officer BANKS. UNION BANK BROOKLYN.

tnnltnl fttirulua Deiioaltn Jiioo.noo I7K.OOH $4,000,000 8TUYVESANT BRANCH. 1G72 Folton Street. HAMILTON BRANCH, 70 Hamilton Avenue. PIONEER BRANCH, 41 Flathnsh Arenas. ATLANTIC BRANCH, 241)5 Atlnntla Avenue.

SULLIVArTPresldent. EDWARD B. TOMPKINS. WM. J.

RUTTLINO. Vies Presidents. JAMES T. ASHLEY, Cashier BANKS AND SAFE DEPOSIT Brooklyn City Safe Deposit Company. Chartered 1872.

SAFE DEPOSIT BUILDING, 3T, CORNER OP CLINTON SAFES FROM FIVE TO ONE HUNUHKD AND FIFTY DOLLARS PKR YEAR. Trunks and packages containing valuables taken on storage for any length of time at low rates. HUNHY N. BRUSH, President. UKOIlciE W.

CHAUNCEY, Vice President. THOMAS E. CLAI1K, Secretary. 20c- scalded. I7nl8c: Philadeluhla broilers, fresli, Mi3o; ordinary broilers, rreah, )a22c; fresh tiir.

roomers, lla a-ecKe Maryland: and Philadelphia, ln2lio: WeUt I' Ml. MfllAf- rllti-'la frn.f.x I spring Weston, 18a2u; guinea -V per uozen, white, U.ouao; mixed, J2a2.So. 1 11 oio oik Rroiters, lynziic: chickens. Halite; lurk'-ye. turns.

Kic; hrna. 18c: ri.wlx, roosters, He; ducks, per pair, common. while Jl.7aa2.50- 1. siring ks. Western.

Ha2en- aeene 'per eil'nea fowls. UaSOa tier Imported snd tropical fruits Oranses per hex. (nlllornla see.ll,,,,, VI; Valencia lute lao; lemons, per box, California, Messina and Palermo, ,100 count. ti.Mnt.rn; .100 count limes, 11 per one hundred: bananas, per bunch yellow 11.7.-i2.M: fort Llmon red bananas. per bunch; flKs.

101,1. per pound; oial Hks. J.l per PiO boxes: new crop dates In Spanish red. ISnS per cae of 31s; 3aa.3i case of 30s: I3.60at3.7f, of Aboc ks. H.Siib! 1 lo 24 in rape; California Uartlett pears.

t2.Ma3 per plums, per red, llal.25; TraKcdy, ll.60al.7S. ImmeHlIc fruit Huckleberries, sBSe- blueberries, lie raspberries, 8nl2e per pint; plums yn. ,1. 4. South per basket; pears, per I rxYonie, cantaloupes, lloeky Ford seed, per em to fleornln' Marylsnd.

Arizona, follfomla, 4.Via7; walermelons rial per dozen; apples, new crop, open heads. Ji lf.r bbl; red Aslraksn, Hal. 5(1 per hbl basket; double beads. 3a4; peanuts. 8c per pound; roasted tl 6 per bushel.

Summer vemUblea-Sweet- ilecn corn, per Home Trust Go, CAPITAL AND SURPLUS, $750,000. OFFICERS J. EDWARD SWANSTR0M, President WILLIAM C. REDFIELD, Vice-President JAMES N. BROWN, Vice-PiMida HAROLD A.

DAVIDSON, Secretary. ANDREW B. MARS, Assistant DIRECTORS Xticew F. Burma Jamea N. Brown.

Charles M. Bull, William H. Calder. Anility Clarke. Henry K.

Dyer. William C. Edwards, Penry Falrbalrn. M.D. William o.

Ollmore, Frederic B. Ounnison, Geonie T. Moon, Ludwle Hitmen. Thomas P. Petera, Da via Porter.

Kleli Poulaoa, -William C. ltedlleld. J. Bdward Swanatroaa Charles E. Teale, John Thatcher, Robert H.

Ttaorapeoa. Sllae Tnttle, Jamea Werr. Jr. The mnnnt.m.,,, hi Ik tick nil to lainre nrnirrpmtvrnesa imitniv flnie lines. Depositors are OI- iirrea every moae-rn bankfnsr lacll iiiivrcMK i on is.

npe clal aet-ontninilstifliii tap lilfa.a- for booklets). 184 Montague Brooklyn. vmrX fOTINTY IaIII UaJ VllUill 1 TRUST COMPANY 342, 344 and 346 Fulton Street. Capital $500,009.00 Surplus $1,009,009.00 Undivided Profits $412,311.00 JULIAN D. FAIRCHILO.

President. WILLIAM HARKNESS, 0. W. UclHILLIAMS, lC9 Pn HERHION MQKRIS, Secretary THOMAS BLAKE, Asst. Secy.

TRUSTEES. John Arbuckle, Joseph Llebminn. Lewie Luckenbach, I). W. McWIMIama.

James Mctlovera, Cord Meyer. Charles A. O'Donohu CTiarliis E. Perkins, Dick S. Kamssy, 11.

B. Scharmann. Wm, V. R. Smith.

W. Van Anilen, a. Auranam. Geo. V.

Brewer, Roswell KldrldKe, Julian D. Fairchlld, Julian P. Fairchlld, Joseph P. Grace, John Good, William liarkness, Joseph Huber, H. K.

Knapp. WMimini w. Kenron. John J. Williams, Interest allowed on daily balances.

Special rates on time deposits. SAVINGS AND LOAN. ON SAVINGS -ACCOUNTS ritOM OATC. A 3MAU. AMOUNT WILL START, ON TIME INVESTMENT CERTIFICATES Sr FROM DATE.

UP TO LAROE AMOUNTS ON FIXED MONTHLY PAYMENT ACCOUNTS WITH INCREASINS RATE S. PROM 2 BASED ON TIME REMAINING, WEsaOW CN IMPROVED LOCAL REAL ESTATE MORTGAGES, repayable In equally distributed, convenient monthly payments, including nd interest. fuestnents this Company are not subject to taxation CAPITAL akd SURPLUS over J86 REMSEM earn Smith Jersey. Jial.SO; Long Inland. Hal.

75; HiMKenhacrt ij(nn iHiunii cituliiiDwer. bbl: L'iiir iHlanrl. l.itt ier bbl; Iff'Hton. v2.5i per tiatt', Hornaliie, vr dozen; VtiHtein Htutf. XI 's lmul $-iiHi hxj l.i',a'..f.it it bid; Mc bunclios; per iUt) bunehea; Urn Island IW-ld raiibh-M, per 100 hunrbes; iiohk, relate, i bunhfl bahki-t; b'-iir', '-j bhl haniper gnn, wax.

II Tn.iZ; Iiif lwhtnti, $1 J) ir htm; ilnli. IIiiibm, bfiR; ttf platds. iter tTiite; (ifun pPliers, bhl; lumti n-i, crut. AniiP, $la Jrnnts, MmK'iv; pnlHtonB, per bhl, I (iiir Inlani n. iH.i'.; Jersey.

$1. South Carniinn wt to(jib'M. per Ml; iiniin'r HfpiHsh. $1 iter barrel; ononn. whlt.

Hal bbl; Nrw (Mlennf, $1 it ponirl hn Kctttut lty. yellow, (3 Lhiti-I; Imik 1rnnl refl, U.V.n'l.M per J1.25 uer niHp; yel.w turnips. 1 per bbl; whih f2. 100 biitrhef; cueuniMr. linilKinHP.

60m per pr ciaic: nplntirh pT barrel, Ijoiit( Island, lla 1 sprout pr barrel; eliifcry and pm-amil, I-mix lolaivl, 40c per dozen heads, jsijup Kiecnn, per nun htindn-rl bunehen; I-ontt Ii-land "fccatl per HfO bunrlies; kohlrabi, 2fo dnzen new rp(ry fl pr dozen ptaHtf; uatfii-reH, per down ckra, 2n4 carrier' field bund.Tb' I'er 100 ulll Wo yer -rWLltfL ITSV-- 4 ni Asked. 1475 Sentemher llun i'-oi October 14.10 1.5 -0 November 14to 1.5 rierpmher HQ', 1 1.5.00 ETJITER, CHEESE AND EGGS. Butler-Receints to-dav. 'r of 3.5j tubs of extra crvamiv on chai.jj,. at MHc.

The otlioial nuotatlon wa. at 21c. and the business cn the street was at latter for exceptionally high ijeri.fai trade quiet and feellns barelv steadv. ui the low er praiUs are well sustaimd. with comparatively light offering.

Wo nuote: Creamerv Mercantile hVV etui extras. do. firsts. do sfeonus. I9al9i2c; do.

thirds, state dairy tub titras, do. firsts. do. soronds lR13e; oo. llllrils.

do Western 1mlra- tinn creamery, extras, do. firsts ItaUUe-co. renovated, laaH'je: do. firsts. ivano, a'J.

tniras. i.iaij.-o; western factory, firsts. 171IalSo; do. seconds, 16ijal7c- do thirds. packing stock.

No. 1, doi No. 2. KUalTc: do. So 3.

13a1e. Rooeints to-dav, 14.230 boxes. Trarilre- continues slow and stocks aecumulaiine. but high cost in the country prevents 6ny weakness. Liver-pool cable for colored and 53s.

for white. We quote: State, full cream, small, colored and white, idiioy. rair to choice, to-yallc; large, colored and white, fancy, light skims, choice, Sa9o; fi0 parl jinm, tirltr.e, 7J4afic; good, bi.aokc; to fair, full sltlms. Vn'i. ICggs-ReceiDts to-dav.

13.342 cases Mrlft shows further Improvement In the Western receipts under lighter receipts and a better clearance, 5Ve quote: Stale. Pennsylvania and nearby selected white, fancy. 25a26c: choice. 23a 24c: mixed, fancy, 23c: good to choice. Isa21c; Wes-tern country candled, fancy.

201a2b-; good to prime. uneandled. finest. tC'inKc; fair to good. 15al9c; poor to t'ulr.

15al7o; Kentucky, lSalTc; dirties, 10al4c: checks, Sa2c. MISCELLANEOUS PRODUCTS. Flour was steady and unchanged. Sales were 2.103 packages. Minnesota Minnesota bakers.

winter patent Wii.tor siraights. l.i:a4 6'o winl-r extras. 43: wii.t.f low grades. 33. Suyar was firm; reflnniff.

3 1.5-16a2i.c- centrifugal, test. 4 molasses sugar. 3 7-32a3Hc: relit.eil, steady; crushed, Cc; powdered, 5.40c; 5ic. Hye flour was rteady; fair to good, 4.2.5a4o0; choice to fancy, l.eer was firm- famliy, mess, $: puik-l, tio.r,i.e.:i. P'-rk was arm: mess.

famllo 3-ialO; alT: short clear, Petroleum was steady, refined, all ports. Hides were firm, with Texas, dry, 21a30 lbs TV.C; Caiveston. ilrv. 21a25 2.HO Cellfnrn.a! div. 21a2.5 15c.

spinis of turpentine, flnn. at 3'iae. asked Tallow was film, with city 41.c: country. Itosln was quiet; common to good. $3 35a.3 60 Kite was quiot; domestic.

34a5i2c; Japan noml-nnl. Hay was firm: shinning. good to choice. S5a me. Potatoes were steady; Long Island.

Sl.12al.S7; ooutborn. sweets. f.0 Hurley was nominal; feeding, c. i f. New York; malting.

c. i. Puffaio, Htraw was firm; long rye. C0a72Uc Iloans werrt steady; marrow. J3.4.3a3,50; peas, S1.R5; rod kidney.

"oi-ii litis nrni; uomestic lleece. 35a39r. II ops were steady: state, omimon in rhni.n mm 20H211C; 1S03, 19a21c; nl.l. Inal2c; pacific coatt, 1904, 20a23c; 1902, lSa20c old. Idal2c.

MINING QUOTATIONS. Did. Asked. I nid sked. 1.10 Alice Adams Alamo Hclcher Mest 11...

Hreeoe Brunswick. Bo reel (hollar Orownl'oidt Mi -211 Iron Pllvcr. ,1 Isabel In 07 t)o Ja--k Pot IKi .111 111 1.1.1 4.1 .14 .00 Peni Lacrosse Lead ollle I.lttlel-hl M.xlcnn. 01 .13 0.1 1 in Moiilton 51., ibson Ot rriiipleCt'k 08 fmtarlo ..0.1,1 lirvso'ite 'iphlr. ()) I'liarniHcist 0u .8.1.1 .11,1 pi 1,7.1 S.vogi.

Siena Nev. Siatiiliir-l 1,40 Small Hope I'olon .40 Ptah 0.1 Work 01 YellowJac't Comstook Sto .07 .08 H-'rip Dalv OH .01 01 0:1 Eurekaron. O. .40 .45 .1.1 HaleNorsl.Til UornSllver. 1.76 .10 2 00 10-90 10 05 .03 1.07-4 1-12 03'ij HI! 6.15 5.15 13.87'i 14.50 13 75 10.00 21.7: 22.25 7.25 7.25 35 .37 5 40 5.05 15.Ul) 12-75 30.02'..

25.87'i2 4.55 16 50 14.75 Cotton.mld. uplands 10.85 I'rint cloths (I3: No. 7 IWheat, No. 2 I'orn, No. 2 Date, No.

2 .32 Minn nntnnt 7R Pork, mess ij.OO Heef, family 11.75 Beef, hams 21.75 ard, choice 7 80 BBeaO.K.Drime bugar, 5 30 tConpor. iako 15.45 Lead 1 ln Iron, No. 1 foundry 16 50 CRAIN AND PRODUCE STATISTICS The following table shows the daily move-ifnent of grain as posted at tbo Product Kxohange to-day: RliL'EII'TS AT WESTERN POINTS. Flour. Wheat.

Corn. Oats. Chicago llnneaiail3 Lnulii Ii35anjwt8 rity 'elrolt 'il'forla jToial o.s;.o s.to atii.r.i KjT.j w.4'io an.tw 44'l I.7M T'Vti 2,3 ".020 H'J. I 131, 1 7Mi0 241. 400 31,1 3TjK) H6.124 Ki.M 1,273,213.