Show IT HAD ONLY A PASSING EFFECT Results of the Big New York v Failure on Wall Street MONEY ON CALL IS FIRM STERLING EXOHAXGiS HOWEVER IS WEAKER I Government Bonds Steady State Bonds Dull Railway Bonds Lower Chicago Live Stock Metals Quiet Several A Assignments General Glimpses at the Worlds Commerce New York Aug 26The announcement announce-ment of the failure of Hilton Hughes Co had only a passing effect uppn the markets for securities a the open j ifngThere There was a disposition to hammer the list at that time but the decline was onJy fractional and was soon checked check-ed by a further reduction in the rates of sterling and cable advices from London that Kuhn Loeb Co and other banking houses intended to import additional amounts of gold on the steamers sailing from the other side this week The first decline was equal to per cent but after 145 most of the loss had been recovered Still later there was another downward turn the Etreme apathry shown by the bulls inviting I in-viting another attack At the lowest point Illinois Steel showed a decline of five points Baltimore 61 Ohio 2 I Minnesota Min-nesota Iron 2 Bay State Gas 3Y and the general list to 111 Heaviness of Baltimore Ohio was attributed to the report that Expert Litcles statement of the affairs of the company will make a very unfavorable showing but a far as known nothing new has developed concerning the property There was a I most an entire absence of outside orders a entr I i dora and the movements were sluggish I der te movement wer sluggsh i I i throughout Near the close there was a little more pressure t sell in conse I i quence of advance in rate of call loans to 10 pe cent The market left off dull and steady in tone net changes showing show-ing losses of V t per cent Burlington i Burling-ton Quincy leading Manhattan rose I and Northwest per cent In the I inactive list Illinois Steel fell 5 Min I I I nesota Iron 2 and Baltimore Ohio 2 I i i Total sales were 102464 shares includ I ing 24700 Sugar 15600 Western Union j 10500 St Paul I Bonds weak Sales were only 478 000 Louisville Nashville unified 4s I 1 fell 1 to 1 to 69y2 Northern Pacific firsts 2 to 110 Southern Railway Con 5s to 79 U S Cordage 6s certificates certifi-cates y I t In government bonds 22000 coupon I 4s of 1925 sold at 113112 400 regular reg-ular 4s of 1907 ula at 105104 3500 j I do coupons w i0fW and 1000 coupon 5s at 108Y Money on call has been firm at 5 10 per cent Last loan at 8 and closing clos-ing offered a 8 Prime mercantile paper I pa-per 810 per cen Mexican dollars 513 Sterling exchange is weak with actual business in bankers bills at 48314S3 ½ for sixty days and 4S44 48414 for demand Posted rates 484 4S5 Commercial bills 4S2482i I Government bonds steady state bonds I dull Railroad bonds lower Bond II U S 4s reg 104 U S 4s coup 106 U S new 4s rag 112 U S new 4s coup U2Ti U S 2a I 9W t i 5s reg ios U S as coup logii Louisiana Consol 4s 91 Canada Southern 2nds 100 i Central Pacific Ists 100 I 10 Denver Rio Grande Ists 109 Denver Rio Grande 4s 831 Kan Pacific Ists Denver div 103 Northern Pacific IstS no i Northern Pacific 2nds 105 I Northern Pacific Srds 6 I Oregon Navigation Ists 105 Southern Railway 5s 79 Texas Pacific Ista 79 Texas Pacific 2nds IUA 141 Union Pacific lath of 1896 97 Rio Grande Western Ists 66 Houston Texas Central 5s 102 Houston Texas Central Con 65102 I Reading 45 70 I 707 I II I Stocks I American Express 105 I 10 American Tobacco 553 Preferred 93 Canada Pacific ggy Canada Southern qL Central Pacific pi Chicago Gas 51I Colorado Fuel and Iron 1514 Preferred go Denver Rio Grande 914 j 9V Preferred 37 Lake Shore i 1331 N Y Central 90 Ontario Mining ii2 Ontario Western ly Oregon Improvement i I Ore Short Line Utah Nor 10 1 Pullman Palace 138 Quicksilver 114 Preferred VVV 15 Y Rio Preferred Grande Western 15 40 Rock Island = 014 St Paul l1 M 100 Silver Certificates CRT s Sugar Sugr i04 Preferred Sit Union Pacific 95f U P Denver Gulf 1 United States Cordage 324 I Preferred g Guaranteed i9i > Wells Fargo Express 1Y Western Union 75 Wester 75 San Francisco Mining I Alta Q Best and Belcher iw Bodie Consolidated naked < r Bulwer Chollar 2 2 05 Consolidated Cala and Va is Crown Point 7 Gould and Currie 52 Hale and Mexican Norcross 1S 0 Mono 51 ophir 3 Potosi co Savage f2 Sierra Nevada 5 Union Consolidated 32 Utah g Yellow Jacket 34 Clothing Company Fails Denver Colo Aug 26The Kn5ght Atmore Clothing company assigned to day to G C day Bartels Three mort gages aggregating 3S000 were foreclosed fore-closed the first of which for 14000 was In favor ef the Colorado National bank the second for 12000 Nationa of Denver and eastern creditors and the third for a like sum owing to cred itors eastward George P Atmore ce st ted that the pressure from the bank caused the suspension but adds that business will soon be resumed New York General tlrrket New York Aug 26WheatSpot market quiet easier f o b 07 4 un graded red 5768 No 1 northern C6 options opened firm and unchanged to 3c up o foreign buying anJ local covering cov-ering fell o weakness west and realizing re-alizing rallied 4 on covering cbs ing steady a c below yesterday with a moderately active trade December and September most active No 2 rid May 70 A August 63 September 637s October 64 November 66 December De-cember 6674 Hops Quiet unchanged Wool Quiet unchanged Coffee Steady at J015 points up August 10201030 September 985fl1 1050 December 930ffi930 March 935 950 May 935955 July 935 Spot Rio dull steady No7 10 Sugar Raw firm dull fair refining 3 centrifugal 96 test 3 refined quiet unchanged Pig iron Firm unchanged Copper Doll lake 10651100 < b Silver 66 Lead Quiet domestic 265270 Tin Dull straits 13251335 plates quiet Spelter Quiet domestic 365375 I Chicago General Market Chicago Aug 26 There was considerable I consid-erable selling zeal exhibited by holders I hold-ers of September wheat this morning and the anxiety evidenced had its effect fet o cither months causing them to falter and break in sympathy with the nearby delivery Fine weather indifferent in-different cables and good northwestern receipts 435 cars against 346 iast Wednesday > Wed-nesday and 697 a year ago all tended to infuse a easy tone For a few moments immediately subsequent tote to-te opening comparative steadiness prevailed but the evident improbability advance would occur soon ity that an e occm iniue1ce longs and increased qua titles elf wheat came on the market Receipts at Chicago were 87 cars and 291693 bushel were withdrawn from store Export clearances were immense 893109 bushels including wheat and flour going out After they were posted the market was 0 little firmer in tone but those who bought finding a slight profit in sight proceeded to it and in so doing caused another i secure it il s doLg cuse a other decline Closing Paris cables wee fmm 2045 j centimes lower for flour and 15 to 30 lower for wheat Antwerp was unchanged un-changed and Berlin 4 mark lower to 9i I mark higher December wheat opened I from 60i6O > declined t 598 closing clos-ing a 574591 under yester Ida I-da Estimated receipts for tomorrow j I I 150 cars Corn elected t decline because of the weakness in wheat That was all there was to the market for this grain I no news calculated t cause interest j I being received and business still continuing con-tinuing in the stagnant condition so 1 faniiliar of late Receipts were 317 fMma I cars and 119790 bushels were withdrawn with-drawn c from store Liverpool cables were lAfl lower Export clearances were liberal at 757132 bushels May corn i opened at 2526 sold between 26fl 26 and 2534 closing at the lnsideA 1 Estimated receipts under yesterday Estmatc rept for tomorrow 500 cars Oats Steady feeling which was noted markets existed in oats ted in other market Se oalts An undertone of confidence and strength asserted itself in this mar strngh ket and prevented too free an exhibition exhibi-tion of sympathy with wheat and corn tQ srmphy Receipts were 217 cars and 76500 bush Reeipt we els were withdrawn from store May oats closed a shade over yesterday Estimated receipts for tomorrow 300 cars cr Flax Easy cash 6667 4 closing 66y September 66664 December 70 71 Receipts 95 cars 71 Recpts Provisions were weak today Hogs which fact lower this morning were moring w1ch r lwer was a depressing agent January pork closed 74 lower January lard 2 5 lower and January ribs a shade lower Closing prices Wheat August 55 September 56l 56 December 5959 Corn August 2121 September 2 21 May 25 Oats September 16 May 1919 Pork September 542 January 627 Lard ½ September 33Y January 377 ½ 37Y September 315 January 342 Clcn o Live Stock Union Stock Yards Chicago Aug 26 The demand ror cattle today was active tive and the feeling firm Offerings 510c were moderate Prices were higher The run of hogs was fair and the demand moderately good Heavy hogs declined 5 but other kinds were steady The sheep market was firm The demand de-mand was good and the supply fair Cattle Receipts 14500 Fancy beeves CaJleRecpit 4490 choice to prime 1300 to 1800 pound steers 450475 feeders 900 to pund se 1200 pounds 290385 stockers 500 to 875 pounds 2500343 cows common to fair canners 125210 calves good to choice 560610 calves common t good 350550 Texas grass steers 240 325 Other prices unchanged Hogs Receipts 25000 Heavy packing pack-ing and shpping lots 2805330 common to choice mixed 290350 choice assorted assort-ed 3553 light 325360 pigs 225 360 Sheep Receipts 12000 Inferior to choice 200350 lambs 325550 Liverpool Grain Liverpool Aug 26pot wheat quiet poor demand California club 5 6d No2 spring 5s 2d I Corn Dull poor demand American mixed 2s 10d Flour Standard hard spring bakers 16s fid Futures Wheat nominal No 1 California Cali-fornia August 5s 5d September October and November 5s 5d December De-cember 5s 5d red American steady good demand August and September 5s d October 5s IVtd November 5s ld December 5s 2d Corn Dull fair demand American mixed August 2s 9d September 25 8d October 2s 8d November 2s 8d December 2s 9d |