Show I f ancial and Commercial JOCK OCK PRICES SAG SAGON t ON and Dullness Mark Marki i Short Shor Saturday Session of Exchange Exchanges l rf NEWS FAVORABLE Tendency Attributed no to o Indifference of Professional Professional Professional T Element Heaviness and c r York July 20 ad liness Ines attended today's two-hour two ses- ses esi es- es m of ot the stock exchange The Thc list m i med d to havo have lost some of or Its recent recent m i undertone several standard Iss lofes lo- lo fes s reflecting a de degree ree of or pressure Steel shares were Inclined to sag but buti i more nore so than such uch other leaders Reading Union Pacific and Amal- Amal mated Copper In fact tho tim drooping probably resulted as much dencY by fy tho the Jm fliP neglect or Indifference i clement element as from any other General use news was meager meser but most most- nes wa meaer favorable Ono One of ot the largest of or the tho Issued corporations corporation's subsidiaries el advance flees of a dollar per pcr ton dolar p tees ct t I week In wire and allied aled products Iron pipe lie He makers of wrought ht ere reported to have withdrawn QUOon quoon quo- quo Ion on on pending orders preliminary a general rise In m prices Actual bank loans loane decreased over oyer with wih a cash gain of En o and a n reserve Increase of ot practical practical- Ind bringing the excess cash Jorve erve cre up to compared with wIh deficit two weeks ago United Suited States State bonds were unchanged th the week E lOI YORK BANK K STATEMENT STAT York July The statement of ot tb the anas anit an an- lew for tor the tho of ot clearing house banks banke as it a C shows lon that tt the honkS banks hold reserve This Is An nn legal excess of ot the requirements I eten te cash h hee crease ease of ot In the proportionate c S crUe erve ee as u compared with wih last week The state state- nt at DULY AVERAGE n. n g m J oo 24 t tIe Ie Ic e al tenders 5 Increase t deposits 1 r- r depsis 1450 rt r oA 1 m nto cash reserve In nJ do cie Increase 1 cash reserve r 5 15 O I Decrease Banks Banks' cash cosh reserve serro In vaults 36 cub cash reserve In companies companies' rust I cash reserve reune 40 lawful lS lO Increase with clearing clear clear- rust st companies companies' wih members carrying 2 23 per perce percent percent ing jog ce cent t bo bouse boue cash o mem reserve r 67 O f t f ACTUAL CONDITION an ACUA Decrease an gal tenders ga 47 OO deposits reate I Decrease j w rust mat companies companies' cub cash reserve 4 Excess s lawfuL lo reserve O JH nat Frust rt Companies Companies' r reserve re of at state b banks and nd trust companies New York to New v ew York carIng house ins 5 us i eels cle nerease e I gal al tenders v. v 0 X e r I tat Ca deposits be Financier will wi say oy Fhe be s cash cab movement toward New rew York which been ben rather heavy heuy during the te w week ek has Illas placed New York banks ank in a much stronger the Increase In Iii their reserve accord accord- g to the tlc report Si Saturday having been en o T i. i Q which makes the surplus above abote the lc 25 per pr nt nt requirement The banks seem to t be pursuing A n policy of ot as Indicated by a further n U of ot In loans The Tie changes shore above Ie based bale on the report of at actual condition coniton 10 o 0 statement figured on 00 the te basis buls of ot aver aver- jo go dally daily daly returns return was we WI even eten more striking than r B actual condition report loans loan b having shown decrease of at nearly while cash In In- m 1 A Q rH V sans oaris w were Y contracted The result I i an expansion of ot In reserve re the tho I on the average calculation standing at f 1 II he successful effort etor which the New ew York ika have hue m made dc In la strengthening their cash cub lion Ulon Is timely In view clew of ot the coming crop cop nat act only from the tho tG United States t western uter Canada as Q well wel Unmistakable lea tons exist that t money shortly ought to toe toto pre e to a higher level j FRUITS V tw I York York July 20 Evaporated steady 4 ry 7 c. c D choice 3 prime 7 j Stead runes ones st ne-st 91 Stead ad 9 up to ZO- ZO 20 d I Firm choice 11 12 extra etra choice chote 1 12 fancy 1314 ulet Quiet choice 6 C extra choice 1 U fancy 7 9 Barely steady sted 1 I choice to fancy seeded ledel 1 edell 6 London layers 14 STOCK QUOTATIONS U. U I L I C Allis Chalmers 2 Cp Copper r 40 i S American 30 61 1 61 83 65 1 American fleet Sugar 73 i 73 73 Cn Can 2 36 GS 36 m. Am Cr Car 1 r. r AmericAn Cotton Clon OIL OI 6 2 T rg G GAm 10 Am hide tt Leather 25 25 i 10 2 American Ice ICI Securities American n Locomotive 20 43 43 42 A Am Smelting 83 as' as g 1 5 8 Am Steel Foundries 10 10 Sugar Refining 40 lS 1 4 American Tel TeL AmerIcAn pfd iO 15 1 American Woolen Wolen Anaconda Mining 41 11 41 Atchison 0 t Ic 41 4 10 10 Preferred 1 10 1029 Atlantic Coast Line 10 l Baltimore Ohio 13 Stel 30 36 3 Brooklyn 40 92 91 n si aY Canadian Pacific 66 CO G 2 Central r 27 20 Z Preferred 4 91 4 Central of oC New ew 10 it Ohio 8 Chicago Alton AHon Chicago Great Western 1 17 Chicag Preferred elter Chicago IS 1 Chicago Mu Mi St St. Paul Paul 3 i 0 0 O. O St. St Louts Luis O S Colorado ruel Iron 31 Colorado f Southern h 4 Consolidated Gas H Corn OrD Products 1 13 Delaware Ii Denver cr f t Silo lio Grande 19 16 19 Preferred Distillers Distillers' Securities 3 f Erie 8 let 1st preferred 20 53 a d 40 L t 42 21 4 General I 19 Great Northern 1200 1 Great Gret Northern ore 10 4 Illinois Central Met s o 59 tS Ct 58 International Harvester 1 10 11 1 35 l International Marine 16 International PI Paper er 16 International Pump 42 6 Iowa Central 13 13 Kansas City Clr Southern 14 Preferred 57 57 Gas Ga 0 lt lCj 10 6 IS 1543 1671 Minneapolis k St. St Louis Lis 18 18 36 I. I St St. St P. P S. S Ste Sta 1 HM Missouri Texa Preferred r rf Missouri 1 c tc 61 36 U 36 26 6 1 H 1 HI 14 Lead 69 59 69 59 59 9 N. N It I. I or of Ld Mexico 31 New York Central Central 20 16 16 16 N N. N Y Ontario Western 10 3 32 3 32 32 Norfolk Western 16 1167 16 1 North Noth American 10 85 SH 81 Northern Pacific 10 1211 Pacific hail EO 31 12 31 iO l i 1 1 Peoples People's Ga lG 16 ilG 16 Pittsburgh C. C O. O St. St L. L 2 lOG Pittsburgh Coal Z Pressed Steel Car Cor 2 Pullman Palace Car Steel Spring 1 13 Republic Steel Steel Z lepule d Sf Rock Island C Co 11 lok Preferred 0 49 49 St. St I 1 Fran d pfd 10 G 6 36 36 n St. St Southwestern uth Fan e teru 3 Preferred S. S S. S St Steel el and Iron Irn 10 63 11 w 55 W 51 Southern Pacific 30 3 10 10 Southern Railway 2331 2034 29 10 Preferred r 30 7 1704 77 j 77 7 Tenn Tennessee ee Copper 43 43 43 T Pacific 10 Toledo St. St L. L Western 13 13 13 Preferred L l 10 10 U 31 31 n 31 nUnion Union Pacific 67 Preferred 19 1 1 9 UnIted Unie States Realty 8 United States Rubber 53 63 tz United States Steel O 0 0 70 0 Preferred tc 1040 Utah Corper iO CI t 2 61 Ual Crolia Chemical 49 49 Wabash 10 4 4 4 10 13 13 1334 33 lf Western rester Maryland lj Westinghouse ElectrIc 76 76 4 76 Western Union 10 10 82 S 82 8 5 hake Erie IG 61 Lehigh Valey 1 16 Copper 40 2 3 32 Stay 2 21 Z 20 9 20 m Tobacco 2200 o. o Seaboard Air Line Lue I 2311 23 Z Preferred 1 fl N 53 3 Total sales for tor the day lay shares LIVESTOCK MARKETS Chicago o. o July 20 Cat Cattle Cattle Receipts m 00 market make siw In steady Beeves Beeres S Texas Teia Teu western steers stockers stocker and feeders tedel url 60 cows S CO and heifers betters helter calves calve n I WO market strong to C S C bl Light j.- j. 7 bC bravy y 71 ru much h. h j pl pips pigs J. J bul bulk of or sales S Sheep Sheep n 4 4 WO market markt Native e at western wlter lambs 4 iU western 4 7 Kansas City CIT July Joly 20 ne Cattle M r. r 0 Including Deluding southern market steady Native a 40 t e steer southern steers Meers 4 southern cows and heifers nn native tte IJ halters ler fj 8 75 stockers stackers and ami feeders 4 42 9 70 bulls bull 3 W calves western weter steers 1 St western cows 1 llo SWO 30 market maket 5 S higher Bulk Balk los of ot 67 lc sales 7 J lights light 76 pigs Ca Sheen none nODe market mAket steady Mut Mut- rut t tons S. S 75 lambs 1 ranso rano tone tone- etler and nd range ewes South Omaha July 20 Receipts Cattle Cattle Receipts 10 market steady Native steers steer O cows and heifers beler 7 40 o w western tero steers steer lO 75 Texas Terns steers steer range cows and heifers halters Ieler 3 fO canners stockers and feeders feed teed ers era en i 66 cale calves 40 SOO bulls bull buls stags etc Hogs Receipts Hogs Hogs pis 8 1 BOO market maket strong to to 5 C hl higher Heavy 69 mixed 7 light p pigs bulk of ot sales lales Sl Sheep Receipts 10 market stronger er lings ewes 3 5 45 lambs iambs 6 70 WOOL OOL St St. Louis uly luly 20 Steady Wol O. Wool Steady medium grades combing and clothing 2 0 6 light lightfine 35 3 fine tine 19 2 heavy bur fine tint washed tub London July 20 The Tc The offerings at the wool wol I auction sales sale today were ero principally cross cross- I bre reds s and amounted to bales bale All I grades were quickly sold old at firm rates to tl the tie home borne bore trade and nn America AmeriA The few tew merino marines offered alerd were taken tk n for tor France American merlean purchases to dat date arc estimated at a CO bales balc Next week 70 bales bale will wi be offered COI ANn AND SUGAR sUGAR New NI York Jul July 20 Coffee tco Coffeo futures closed cloned teal steady teady at a n net nt advance of ot 4 I to 6 points pints Sales W bags bal July 1300 13 August AU 1st 1305 September Septem her ber br 1813 1213 October 1320 November 1327 December De Dc- cember rember 1334 January 1333 February 1331 Mach Starch March 1344 April Apri 1316 May tl and Int July 14 1343 1344 I f Spot coffee quiet Rio Jo No 0 7 11 IH Santos Santo No I. I 4 4 4 10 Mild Id quiet Cordova le U nominal Raw law sugar steady 8 St 89 te test t 34 centrifugal 98 S test 3 molasses W h 9 test i 32 sugar HUgar quiet quirt cut ct loaf loo C. C crushed GB mould A A. A 5 f 45 Cu cubes 9 6 powdered pondered 10 diamond A. A 10 confectIoners A.- A. A 45 i No 1 45 ro f No 2 O No o. o 3 NoI No o 4 I 4 No 6 6 fr No 0 6 No 7 4 05 U. U No n. n 8 4 CO 0 No 0 9 9 46 No 10 Ir 50 No 0 11 1 No o. o 12 12 1 No o. o 13 and No o. o 14 1 4 COTTON COllOS New tW York July 20 Cotton Oton Cotton closed dosed steady v at ata a Q net ift loss IOs of or 4 to 8 points pints Closing bids bid July 1216 August 1216 September 1226 October 1236 36 November r. r 1237 Dec December 1223 Janu Janu- l ary 1238 1239 February 1240 March 1244 May 1260 1266 Spot closed quiet middling upland optand 12 1 1280 M middling gulf gult 1366 nUTER CHEESE ESE AND EGGS Ni New w York July Joly 20 Butter 20 Butter cheese and eggs gs unchanged Chicago July 20 Cheese Daisies 16 i IS twins lal 15 1155 I. I young Americas IG l Ion long longhorns longhorns Lor horns 1 1 NEW NEV YOU YORK MONEY IONEY MARKET I New York July 20 Money O.- O. Money Ioney on call nominal rime Time loans sixty days 3 31 per cent elut ninety days daTi 3 HiJ Is lx months moths 4 Prime mercantile AntJe paper 4 4 Sterling firm with wih actual business In bankers bankers' bi bill at for tor day bills bill bla and at t for Cor demand I 48 Commercial bills 1111 4 Si lIar Bar 51 silver shiver vel COVi Mexican dollar 43 44 Government bonds steady teady Railroad bonds It steady MARKET U. July 20 Flax 20 Flax doted closed cOed at 1 5 j GI GRAIN IN AND PROVISIONS j Chicago o. o July Big Di crop crp estimates to took k tho thu place of ot the scare nn as 1 tho the chief chic Influence tOIls today tolay In hung filing the tie price pric of ot wheat Accordingly tho the market closed heavy henvy A i 1 to 1 under last Jest night Corn Cr finished unchanged lY to 1 U down 03 oats tl varying from off au to n a shade advance and provisions Ul up 2 1 to 10 Official that the closing of ot tho thu to Dar Dar- had been deferred acted acted- as a a Q bearish lever leyer at the start In the wheat trade tude but bot bealh was WO forgotten later when attention turned tuned back to tire the tl crop outlook In the United States A la largo large o expert epert Just returned from a tour of ot the northwest north west and southwest predicted a n total yield of ot more moro than tum bushels ni as n against the government July forecast of ot bushels He lie nl also o raised his winter wheat estimate to about bushels Statements OO that Nebraska Ne No brAsh braska would enter tho the list next week weak and had shipments shipment already alread en cn route rute b here rc pulled tho the market down bard ball In the tho first tNt half hl hour During Dur In ing the session September ranged from tra 2 to 93 with Ih last lut sales sale 3 a I decline of ot 1 13 1 compared com corn pared with wih yesterday We Week end co covering by shorts held beld corn com corn part ely steady until late lato In lu the day when values sagged on account of ot rains In portions of ot Nebraska where drought complaints had been ben heard head September fluctuated between a ato to i closing weak 74 1 net lower loer at t 4 Cash grades were wee only ony In fair demand No 2 yellow 71 o Wet weather In harvest sections section helped the price of ot 0 oats ts the greater en ter part of ot the time The rue market weakened In the end with wit other grain September rn ranged ed between 3 and andi 34 3 U. U The close 31 represented a s. loss of ot H tt net I Packers Packer received the credit for tor th the persist persist- cut buying baying witnessed In lu pro provisions The outcome out come was wa to t raise mise pork 73 to 10 lard lara 6 5 to 7 10 and ani bacon baco 2 34 to 5 I Leading futures ranged as u follows I WHEAT I Open High I L Low I Close Chose Cloe July 97 Sept 94 93 9 27 r I 9 96 9 May 99 CORN CORN- I Open I hUgh High I Low Lore lw I Close Cloe July 68 05 Sept pt 65 6 64 44 61 5 56 rG May 11 57 5 57 Sj 2 OAT OATS OATS- I Open Opeo I High lb I L Low LI I Clone Chose July Joly t 42 Sept Sept h. h 14 33 4 33 3 Dec 5 35 3 14 May lay 17 3 PORK lORK- I Open I high I Low Lw I Close Sept 1785 Oct Oct 17 S 1780 1783 Jan 1817 1517 I LARD LARD- I Open I High lb I Low L LI I Close July j 1057 7 10 1055 pt 1075 10 63 10 1075 is Oct 1072 1080 1070 10 1075 75 JaD lOm 10 1020 1020 SHORT RIBS RIBS- I Open I High I Low Lw I Clo Clope e. e Sept 2 1052 1052 Oct 1055 1101 Cash quotations were tre an u follows Flour Steady Flour Flour Steady winter patents patent spring patents 4 straights bakers 4 n Rye Rye No o. o 2 2 74 71 Barley Barley Veel or mixine new new a faIr to choice melting new CC Timothy Seed rm fc Clo Clover er Seed Seed Sled Mess leS Pork Pork ork lj 2 Lard Lard Lard-In In In tierces 10 1065 63 Short Ribs I. Ribs Loose Loose l. l 1042 GRAIN STATISTICS Total clearances of ot wheat and flour floor were equal to bushels Exports for tor the week a as 8 shown by were equal to 1 40 bushels bUhell Primary receipts n were bushels compared with wih 1430 bushels bubels the correspond correspond- log Ins day dT a year n ago o. o Estimated receipts for or Monday Mondor Wheat cars car head corn cro U cars car car oats ont no ears cars bogs hoys 30 NEW XE YORK GRAIN GRAIX GI New York July 20 Quiet Flour Flour Quiet and an steady spring patents 6 winter straights fH 75 5 winter patents 35 spring clears 4 winter Inter citrus Xo No 1 1 winter win In ter tar extras No 2 10 Kansas Kans straights 4 Wh Wheat Wheat Spot Spot lt-Spot Spot easy No o. o 2 elevator exportS export basis and oud export f. f o. o b. b afloat stoat to arrive No Xo 1 northern Duluth f. f o. o l li h. afloat Futures Future closed 14 34 to 1 net lower July co closed Nl at 1663 September at December 1 at t lOSli I CONDITION OP TIlE TiE July 20 At At t the b beginning ot of business today toay the condition of ot the te United States treasury was wal Working balance In treasury office 93 i In banks balks and Philippine trI treasury sury Total of ot the SIte general fund find yesterday t Disbursements yesterday Deficit to date this thU til fiscal |