Show WEAK CLOSING I V AT THE LOWEST Continued Liquidation of Stocks on Wall Wal Street Street 4 U STEEL LED THE V DECLINE I t I SPECULATORS IN DOUBT AS ASTO TO TOTE JN THE TE FUTURE 3 1 t Now York Aug AUl 4 The he stock market developed acute weakness again today toda and after continued liquidation through throughout out the session closed weak at about the lowest lowet for or the tho day dy This represented also the lowest lowet of the year or for Cor or a a num number number number ber of prominent stocks stock and near ner tie t e lowest lowet for a much larger ll er number Union I Pacific AtChison At Erie Krie Texas exas Pacific Wabash preferred Rock Island preferred Consolidated Gas Republic Steel Stool pre preferred preferred preferred and Ind the Chemi Chemical cal etti l stocks were amongst those which sold today lower than titan before this thi year Mr Unit United Uni United ed States s Steel StEel sold at 21 which Is the lowest price on ott record There Thero was an insignificant TI In the tp final hour of or the market mark t but the selling g was renewed at the last It WiS evident nt that the pro process cess cons of selling out collateral rl in loans was resumed on a considerable scale The scourer scour of or the selling seln took on the J character of the recent reent period of oC liquidation which lf It i was hoped had haa been completed for foe tim tho tho present presentA pres nt I A number of ot stocks broke sharply this morning on account of special news nEWS de dc developments and nd th renewal of ot the thE grit gen general gln eral era declining tendency seemed to prompt the liquidation as us l lU h as us any other factor fa tor The response of or Consolidated l Gas to the announcement ef f C an nn addition additional al stock sto k issue hut of or nearly HOO with sub subscription privileges to stockholders re ref resembled f that of stock to the recent stock tock Increase se and ad that of New ew York tork Central to the persistent ru rumors rumors rumors mors of capital Increase ase Consolidated Gas Gus sold off over oer eight points point The ed cd States Steel Stel stocks stok formed another center of disturbance The Te liquidation In those these was associated at first firt with the tl authoritative announcement announCEment of ot the tle resignation rt of ot President Pre Schwab The Tho persistence of the tho th weakness gave ne rise to I rumors of unfavorable developments In he trade especially especial growing out of or the I burg bUl trade lockouts in 1 ritia Fear Ft lr was also alse alS expressed that the ex cx executive cut change In the corporation would give Ilvo rEo to chances chanres f of oC T OV no involving a suspension of ot dividends on the common cornmon stock The deome ot or sev several several w eral points in Chemi Chemical Chemical cal cai and of nineteen points In the pre preferred preferred was wa the occasion of o some uneasiness uneasiness ness nes Another supposed factor was de derived derived derived rived from the published reports of the thes serious s breakdown In the tho health of an operator who has taken a a very prominent prominent nent part In some of the great groat market affairs of ot the last few tew years It I was waa wa not supposed suppose however that the thew weakness w of or the th market t was due entire entirely ly Iy to any a l special causes the general banking situation being considered suf suc to explain the liquidation The Wall YaU street community has not relin relinquished its study stud of or the thc loan position of banks which was by the In loans shown by b last lt Saturdays pan statement s The fact that large Increase m n failures In the general commercial and Industrial lines linen reported by b mercantile agencies a gave point to the influence of or the compilation J The attention given to rumors which were authoritatively auth T U of the ing of or a large lar e real estate loan by b the New York Central C indicated the dread In 11 the speculative world that tho the demand by b great groat reat corporations for tor cred credits credIs credits its Is will wi continue to encroach upon upon the available limits The weather wether bureaus weekly crop bulletin was WM regarded as favorable but Its Is influence was wa offset by b the renewed firmness r ss In the tho cotton coton and grain grin markets 0 Bonds were heavy heay In n rt sympathy with I stocks Total sales par ar value I United States bonds were nil all al unchanged on oIl the last lat call cal J 1 Bond Quotations US u S ref ret is 2 Mex Mci Cent Cent 45 71 n Do coupon couponS 1063 1st Inc 17 V L S reg M r r St L 45 9 Do coupon 1 M r K T 93 So 9 SoC U C S n a reg M 1 K K T Y Do N Y coupon Cent Cent gen genii U ii S o 0 45 reg eral oral So 95 SoDo Do coupon l lU 10 N J 1 C gen U S reg l Nor Kor Pac s 10 Do coupon 1013 Nor Pac Se 3 71 n Atch gen 4 99 9 Nor or Western Adjustment 7 consol on 45 97 B Ii O 0 4 0 Read gen 8 94 L LB B E O 0 3 s 92 St L Iron M 1 Con Cony 5 10 consol comet Os 1 1101 Can So IO St St L I S F 96 SG 9 2 C of G 13 St L I S So W la Is 9 92 4 1st Inc rt St L S W r 63 C O 0 4 fi San Ant Ant Ara Am AraC AraA 63 C A s 72 2 Pass s 75 7 O C B Q n SO SD SOC S So Pac 45 SV C M 31 r St P PC So Ry By 55 general Is s Tex Pac Is IH 1 C N W V con consol Tol Tol St L LW 1 sol soi 12 W 7 V I C R H I P Union Pac 9 99 C C C St L Con Cony 48 98 9 general 48 95 05 9 Wabash Va bash Is 16 Chic Term 45 75 78 Wabash is 1 10 M Colo Cob So 85 33 8 Debenture B BD 51 D R R G 97 07 West Vet Shore Erie p lien Hen en 95 96 W IV V L E 48 SS IS 8 General BY Win Vis Cent Cent 88 Fort W V Den Con Tobacco 51 Ilk 4 City CHy Cly Is Celo lo F 1 j 78 73 U 4 Hock Val Val 4 U S Steel 78 7 L N u Stock Quotations Sales High Low Lw Close ClOSS ClO ilA I 30 1 Preferred referred 0 S I bf hal Bal t Ohio O S L S 3 4 Preferred TOO 70 85 3 SS 83 S Can Pacific l 70 12 1313 C r of o N J T JO 1 li lii 11 1 Ji 6 1660 1060 30 Ches hC j fc Ohio IG I 32 I i iChi Chi ChI Alton Alun 1400 I 0 1313 8 Preferred t 61 6 Chi ChI G W 2800 2300 5 1 14 14 1 B preferred a 11 Il Jy 3 Chi lii hl 1100 1 1 18 Chi Chi T T a 10 Preferred I 1 1234 IS 13 S 18 4 C CV C e C St St L 1800 lm 70 70 89 88 I a 03 Colo Cole Southern 1 13 12 13 1 6 First ifS nf J f 06 21 1 Del Hudson 30 W 16 1 1003 10 Del Dol L W WD V VI D n 11 G C 2 23 Preferred KM 1410 M 78 77 i 78 4 I Erie ISrie Ere 25 S 27 Z 27 37 First t 5 5 WO t 63 65 11 Vi 4 V Second W Lx 1300 4 47 iy 47 I Great rent N old fd 17 Hockin Valley 4 Preferred Vale 10 SHi 83 S 5 SS S 3 t I Ills Iowa Js Central Central 13 1500 0 12 4 12 1274 1 I Preferred rod 3 K C Southern 1 1300 20 t 19 10 11 2014 I Preferred 10 3 3 3 Louis 1018 Nash 2810 8 lOt Manhattan L I 1700 13 im 1 13 I Met Iet St Rv Uv 1700 11 1 I Minn Milin 1 1 n t St L 60 f Mo 10 Pacific 97 07 85 06 M 1 K It r t T 19 19 1 1 Preferred 0 39 3 3 N NV U TI n R R of M I r 3 N Y V Central ait o 11 1194 1 1174 l 1154 Nor West Vest et 4 G 63 61 Gl 61 f Prof erred f Ontario t W lV r 2700 tiO 52 32 fl 22 2 I 3 1 Ul 11 P C C St L L 9 30 4 40 46 4 First 2 SI I 80 81 80 S I Second M 87 67 I 07 67 G 66 65 Rook Island 34 D 2234 21 lo loSi 21 Preferred 1400 61 50 5 4 30 St L I S F l Si 51 First nd 70 I Second nf 1100 10 S 49 49 4 47 47 St L T 0 14 14 1 1 10 P pf erred a 29 20 2 St St PAul Pawl 18 1376 1 Preferred Po f Pacific Pa lc 42 41 41 So Sn o hallway 50 O Vt Preferred fed 7 R 5 I K 1 5 T Texas t Pac PacT 1 11 1 14 04 T St 61 L ro f W 1200 lm 2 II Vi 1 Prof Pro Preferred err d dUnion 4 UV Ut 27 1 27 37 r 4 Union Halon Pacific 7 74 7 1 71 Preferred 1400 KV 1 54 SO A 21 2 I 2 Y Preferred 4 W w 12 4 W L E 10 15 IS 13 1 Li I 5 r I I Wis i s Central 40 1714 li 17 16 Preferred 6 3 73 57 37 37 3 dams Adums A Ex ExA American A n Ex v 9 IS 18 United t States Stat 13 99 9 99 9 9 99 W Fargo I 19 Jl malz Copper 26 40 3 I IAm Am C C F 42 32 3 31 31 Preferred S 1 34 83 8 83 s Am Uns Linseed d OH Oil 01 S W it 0 S 8 8 9 0 Preferred i 30 33 2 An Ant Loco TAco 2300 2500 17 11 lM 15 Preferred 19 1 S SI St 51 SI S SIAm Am S R It 4 4 43 41 41 Preferred 6 90 9 SJ f s 4 Am Sugar Suar of 1700 13 1 11 Anne Anie M t Co 70 1 89 03 R B H It T r 6 44 4 42 Colo ole F 11 I 1 1 BOO t 45 o 4 44 1 41 4 0 r 1 II n Coal ICO 10 14 1 14 H 4 13 la 1534 Con on Gas 1200 1 10 1 Int m Preferred t Paper 20 11 1 11 1 1 1 11 u u 6 Int T nt S 35 Preferred u V 4 70 0 Nat Nt Nat Biscuit 1 X 36 35 3 3 Nat at Lead Led 10 14 No American 16 1030 7 73 7 IS Pacific Mall Mail 40 2034 J 13 39 I Peoples Gas Gag 10 1310 IU 1 Pressed S Car 4 44 43 4 Preferred 33 Pullman P Car CarReo 3 3 ns SlY Rep Reo RfD Steel i l 1 31 Preferred UiO 1500 6 51 t 6 6 Rubber G JO 1 1334 13 K 1 13 Preferred 10 f 65 G 65 6 6 Tenn C r I r IV 1500 3 30 3 37 3 37 U V S Leather Lether S 7 1 7 Preferred O S 7 79 U IT S Rubber Ruber 9 Preferred Pr ferrel 3 31 U IT S Steel Silt 21 21 n Preferred 7 r f 0 00 Western 10 S S 8 Total sales sules for tho the day da G iO shares GRAIN AND AN PROVISIONS Chicago Aug 4 The grain grin markets mark t were rather weak early In the session I but later rallied and closed firm Sep September wheat being up September corn orn 6 f higher and oats higher Provisions closed close easier eser tho the September products being unchanged to lower Wheat heat was in fair demand demand at the start by b local who were Influenced by bythe bythE bythe the thE continued ruins midas n ns in the northwest and opening C prices were firm with I tS tSI Sop Sep September b easier ft titan than ll tile the more distant d de deliveries I liveries l verle opening a shade on lower ta tu Vi 14 high higher er at 79 9 c and SOc S The early strength was soon lost however due to the th weakness In corn and an September I sold old down to 79 Prices fluctuated nervously the greater geater part of o the day da but out an unexpected tod advance In the north northwest northwest west w at markets t with wih more damage reports from that section together with bullish reports from Europe caused a strong tone lone lato late In the tue session and the dose close was near the top September closing cosing at 80 a tL gain I ef of 14 after e It had sold s up to toSO fl SO f Clearances of wheat t and flour were equal t to bushels Primary receipts were bushels h against I 1 T Jt a year ago The world r s visible I i supply as shown by Bradstreets de decreased decreased creased 1630 bushels Minneapolis and an Duluth reported d receipts of 19 cars which with local receipts receipt of o 18 cars of contract grade made total receipts receipt for the three points of ot 3 cars car against 32 cars last week w ek and cars carsa car a I vear ear ago There was a moderate trade in corn cornand cornand Cornand I and prices were easier at the opening I due to further rains In the he west The he close coso was strong stron with wih September c c higher at after utter selling between n 51 61 and 52 Local receipts recel ts were cars with twentynine of contract grade gradt I Disappointing DisappointIng threshing returns r were largely largel responsible for or the firmness In oats oaut oat although the scarcity of offerings helped prices After ranging between 33 34 September closed cosed 14 higher I at 3 34 Local receipts were lOS 3 cars cr Provisions were strong early due to toan toan toan an advance of or from 5 to ISa eary In prices price at atthe atthe atthe the yards ards but local traders sold on the advance and a reaction followed The uhe close was a a trifle easier casler with September I pork lower at 1357 September lard unchanged at with wih ribs off of 2 at Ht 8 Estimated receipts for tomorrow Wheat 10 cars corn 10 cars car oats 13 cars cams car hogs 20 The lending leading futures ranged as aa follows Wheat No 2 t I Open I High I Low Law I 1 Clot Cloi Sept 0 SO 80 Sept n 79 r ro S 79 i 80 8 Dec De n 80 8 50 81 Mav Ma 82 o 24 53 TS 83 8 Corn No 2 I Open I High I Low Lo i Close Sept 51 H 52 61 51 Dec 51 51 52 24 51 5 May 51 52 2 I 1 Open I High I Low Lo I Close Clos Sept 33 34 33 53 3 Der De 34 M 3 M tj i t 31 u 3 May Mn 36 3 6 3 37 36 Mess Mesa Mp Pork Per barrel i Open I High I J Low I Close Clos Sept I 1380 1380 1360 I 1367 I 1367 Lard pounds I Open I High I Low I Clo Close Sept I I 80 I I I Oct t I I I I 7 Short Ribs Per 10 pounds 1 l Open I High I Low Lw I Close Sept I I I 8 I I Oct SOO 80 I 80 I 79 Cash quotations were as os follows Flour Firm Wheat No o 2 spring No 3 7 iO No 10 2 red r d Corn No o 2 52 5 No 2 yellow yelo 52 5 4 Oats No 2 2536 36 No 2 white 36 3 No 3 white 3 Rye No 2 51 Barley Good feeding 3 42 fair lr to choice malting 41 Flax Seed No o 1 93 03 No 0 1 northwest northwestern orn ern am 97 9 Timothy Seed Prime 3 Mess Oless Pork Per bbl bbl 13 B Lard Per 10 Ibs lbs Short Ribs Sides lop o io Shoulders Dry salted boxed 76 clear boxed iiO Basis of oC hIgh wines i i Clover Contract grade gride I Rec i i Ship Flour barels I oo Wheat bushels Corn OtI Oate bushels r 16 OC Rye bushels Barley BarIc bushels bu hels 2 OJ K Money Silver and Finance New York vork Aug 4 Money Mony o on call at 1 l i per cent closing 24 2 2 per er cent Time rIme money mone steady study sixty days dA s 4 p per percent percent cent ninety days 4 Yz par por cent si SIX 5 per cent Prime Primo mercantile paper 56 5 ti 6 per percent percent percent cent Sterling exchange weak with actual business in bankers beakers bills at for de demand denand nand mand and at t for sixty days Posted rates mates and 48 87 Com Corn Commercial Commercial mercial bills Bar Bur silver sliver Mc Mexican dollars Government bonds steady stead railroad bonds heavy he tv LIVESTOCK MARKETS Chicago Chicaro Aug Aus 4 Cattle Receipt 2500 including O Texans Texan Steady Stead Good o steers 5 poor imor to medium mt OO stockers and feeders 26 cows cow heifers canners 1 75 bulls 0 calves Gi Texas royas steers HOKS Ho Receipts today toda 70 tomorrow 1001 left over 2000 0 Ten to 15 cents higher Mixed and butchers buthers good sool to choice heavy hea 50 rough heavy hea 4 60 light 5 bulk of or sales Sheep Receipts Sheep Shelp and lambs iamb steady Good to choice 3 I fair fall to Choice Thoice d 27 western sheen native lambs 3 ao western lambs Kansas City It Aug Aus 4 Including 3 0 Texans Strong Na Native live tive steers 3 34 Texas and Indian steers Texas cows na native native tive Up rows cows and nd heifers lf stockers sto kers and feeders bulls 3 ii western st rs 35 Xa 75 western we tern cows CO OO calves 40 Hoes Receipts Market 10 to 15 cent cente higher Bulk of sa sale I 51 heavy 2217 packers me mc medium m light lI ht 6 yorkers 53 pigs Sheep Receipts 1000 Market strong Muttons 2 lambs lamb range otee Omaha Au 4 aU R Market ste a 1 a f ts O I cows COWl and h 3 western 18 c 2 0 canners and gad feed teed oJ 7 ers ems rales CO butts bun bunsta stags sta etc 2 toi t Receipts Market 3 5 tentS nus higher hl her Heavy Hea 9 OS mixed kO a M pigs bAc Ik of u t 5 1 nta 7 Fed d mutton t rs ewes common null antt stockers l 23 Z t lambs 1 6 Denver AUt 4 Cattle Receipts 1900 1000 I teady S Beef Beet steers l OO cows SW 3 4 00 bulls stags staw sta ete etc L t Hoes Receipts Higher HI her Ua Lial ackers p mixed and heavy hea 5 No sheen MeW Metal Market New York Aus Aut 4 As compared with the he t closing of last Friday the tb London Un tin t market today too a was 7 Is Set d low lower JoW r at s S et Iki for spot and ISSI iTs Id hI d for futures Locally L tin was WItS quiet with the inside price a shun shau higher at Rt S m Copper r advanced c lOs ion to t ES for f spot in n s London L L ondon l while ir futures there theme h e were un UP unchanged changed hanged c at Jj 55 53 18 1 Locally copper cop r was quiet q t and unchanged LaKe Lage and else elec electrolytic el l t tlc 1313 and nd casting I 7 1 Lead wits was was unchanged In London clos doe closing closI doeg ing I i k g at 11 and amI at tO 4 in New ew York Spoiler Spelter r was unchanged at in Lon Lou London London Louon don d on and at th the local market at st 5 Iron closed at lit ls in Glasgow w and nd at It a t lBs 48 In h boro |