Show ON THE DOWN GRADE Prices to Wall Street Dip Below Fridays Close BUSINESS WAS VERY SMALt Downward Tendency Was Most Harked in tha Grangers Pacifies Coalers and Southweaterns on Two Preceding Days Missouri Pacific Spurtad Up Sharply at tha Clcsa But Little Interest Attended the Fluctuation in tha Steel Stocks Prices of Bonds Moved Slightly S SfLVER New York San Francisco S ½ c London 2Gd LEAD 4 Nov York exchange l37A New York brokers lCO COPPER New York exchange 1G 50 17 CO Now York brokers lG50g700 1 Silver and Drafts New York Aug 10Bar silver 5Sc Mexican dollars iCe San Francisco Aug in Silver bars Mexican dollars ITiJMTVjC Drafts sight 6c1 telegraphic 7c Honey and Exchange New York Aug 10 Money on call nominal no loans today Prime mercantile paper 1V61F6 per cent Starling exchange steady with actual business In bankers bills at iS73 for demand de-mand and tit IIS5 for sixty days Posted rates SlSoi and l 9 Commercial bills 48tjiS5 Now York Metals New York Augi 10 The usual Saturday dullness prevailed In local metal circles and values In the absence of business were more or less nominal Tin was unchanged un-changed at 700 2725 load dull at J373 spelter dull at 3K73 95 and copper unchanged un-changed and nominally quoted at lijVttfMc foe Lake Superior and 1051Cc for castIng cast-Ing and electrolytIc Iron was Inactive and unchanged pig iron warrants S9505 1000 English markets were closed San Fiancisco Mining Stocks San Francisco Aug 10Time official closing Quotations for mining stocks today to-day were as follows i Alta Con OJiOccldontal Con 03 Andes 03 Ophlr 82 Belcher Overman 12 B B IClPotosI OT Caledonia 10 Savage 07 Chal Con 33 Sierra Nov 12 C C Va 1795 Silver Hill M Crown Point 09 Standard 3 G C J3 Union Con i 12 II N Utah Con 01 Justice JS5 Yellow Jacket 23 Mexican 13 S NEW YORtttfMlNING STQCKS Am S RefolGO LoadvlllQ ColiX 03 Adamu Con 525 little Chieft 12 Alice 45 Ontario N SOO Breece HO Ophlr CO Brunswick s 10 Phoenix 7V 03 Comstock Tun 06 Potosi 03 C C Va 195 Savage 05 Deadwood 55 Sierra Nov 13 Horn Silver 175 Small Hopes C0 S Iron Silver a 5s Standard j 310 BOSTON1MINING STOCKS Adventure ilOO Osccola 05CO Amalg Cop 111 73 Parrot 5000 Atlantic aJ4 Quincy 170CO Blngham 4LtSctnta Fe Cop 600 Cal llccla 72C0 Tamarack 313C i Centennial Utah 2350 Franklin s100 Wlnona 250 Hum bold t Wolverine C200 S Grain drixl Provisions Chicago Aug TtWheat opened stroW and c hlghct1 atfTliJTZllie for September Higher cables and smaller receiptS were the strengthening influences Trading was rather slowv however during the first hour and the price sagged to 71c At that point the enormous export demand de-mand created at buylng movement for the long account A report that Government Govern-ment crop report would show ii decided decrease In the acreage of spring wheat sent the shorts Co cover and September advanced quickly to Vf71sio Profit Inking caused a setback of c Tho decline de-cline was checked by good outside buying and the market rook another upturn and again touched 7171c There was little lit-tle trading during the latter part of the session and the price saggedoff to 71 tft7Hc where it closed Corn was strong and active on crop damage reports September corn closed mc higher at 5S4c Oats shared tho bullish feeling which developed In other grains There was a good commissionhouse trade September closed tl7C higher at So ic Provisions were firm helped by the advance In grain Higher prices for hogs nnd heavy buying by packers added to the strength The close was at an advance ad-vance of 7iC for pork lOc for lard and 12 c for ribs RANGE OF THE LEADING FUTURES Articles Open High Low Close Wheat No 2 September 71J4 71jJi 71 7iy December 73 73v 73Vi 73 aCorn aIfly 77111 7P Corn No 2 i September a 5Sl 53i4 5S 5Si October GSt 59 4 55 oS7 < i December COVi COli CO 60 Oats No 2 September I 35 3C 35 oovfc Pccember s6i S7V6 3G 37 May 3S 59 3S1 3S Mess Pork September i3i2V 1441 1392V6 1397H January U95 1507l M95 15t02Vf Lard September S70 S722 870 S72 A October S771A SSO 877 A SSO January 875 SSO SiS SSO Short Ribs September 7So iOO 7S 78 ± te October 7S3 79o t So r0o January 775 7S21 ½ t o iS2 A CASH QUOTATIONS Cash quotations were as follows Flour steady winter patents S32Mi350 BtraKhts 5C20S330 clears 52S03j30 spring specials 1IO2O No 2 spring wheat 711iTi72 No 3 l spring wheat GO ff721 > t No 2 red TlfiTSAc No 2 corn i2lit2c No 2 rye 571i < 5oSV c good feeU lug barley SOffGnc No 1 flax seed SlCi No 1 Northwestern 165 prime timothy seed 0i3no mess pork per barrel 513905i 1393 lard per 100 pounds KG21A S70 short ribs sides loose 7SO793 dry salted shoulders boxed 71iC 7 c short clear sides boxed 830178 10 sugars su-gars cutloaf JCOO granulated 552 confectioners con-fectioners A 530 off A SSM clover contract grade 51025 w RECEIPTS AND SHIPMENTS Articles beeps Ships Flour barrels 28000 12000 Wheat bushels 219000 515000 Cron bushels 11300 17000 Oats bushels 327000 11103 Rye bushels 11000 13000 Barley bushels 60X1 1000 PRODUCE CXCIfANCE On the produce exchange today the butter but-ter market was strong creameries lll y > 21cf dairies Si17c cheese unchanged eggs steady fresh iSo Stocks and Bonds New York Aug 10 Higher prices from London were reflected In fairly good tone for railroad stocks at the opening but small trains were soon wiped out and prices dipped well below yesterdays close for Important slocko on a renewal professional pro-fessional selling The Interest oxcttwKln Limo Government monthly crop rcpor amid the prosprct of aCTme Important developments develop-ments in the stock situation next week caused a large diminution the volume of business S I The paucityoO demand helped to increase time downward tendency which was most martffeil In the grangers Pa rifles coaler and Southwestcrns MIs sour Pacific and kindred stocks wore Influenced by denials of recent reports of tho Impending absorption of Mexican railroads rail-roads AH on Limo two preceding days Missouri Pacific spurted up sharply at tho close tIme final figure today bringing It to yesterdays lovl But little Interest attended the fluctua tlon In the United Stales Steel stocks today their movement being only fractional frac-tional but Indicating bettor support for time common than fomtlme preferred the S latter ending c lower1 The bank state 4 41WcIft1 merit whllo hess favorable than anticipated antici-pated was without any decided effect on the market The closing was Irregular 1 and almost lifeless Dcvclooments of the week were not sufficiently deJlned to afford much encouragement en-couragement to either bulls ore bears and the result was a dull narrow nnd unsettled market In addition the uncertainty uncer-tainty as lo the crop situation continued In the nbflonce of the Government monthly month-ly l r6port and the wide variance In estimates esti-mates by recognized trade authoring These conditions reduced public operations opera-tions and from day to day fluctuations itpresented only the character of the professional pro-fessional views Liquidation was on u large scale early on uneasiness as to the possible ratifications of the stccl atrlko and crop scares J Discussionof time effecton business by the reduced purchasing power of the wageearners and farmers In the event of their coming critical condition was a factor In limiting general speculation Large amounts of United States Steel issues Is-sues came on the market but the actual declines were less than when the rupture first occurred weeks ago This circumstance circum-stance was ascribed to the formation of an alleged pool which was prepared to take enormous rsmoimtx at fixed prices Time known conditions trtade profesKlnnals chary of attacking the stocks the possibility possi-bility of an early termination of tho strike and the consequences of a squeeze being weighed Nevertheless their rccov i cry from the low points when various plants resumed work was checked at I limes by Influential selling Consistent support was lacking for other stocks and speculative favorl ten such as Sugar St Paul Atchlson Union Pacific and Southern Pacific covered a wide range cither way frequently Pessimistic Pessi-mistic views regarding the damage to the crops which had hitherto made large Inroads In-roads on prices of the graincarrying roads wero not borne out by the tenor of the late advices Reports of copious rains remedied conditions somewhat and the improvement noted by the weekly crop report caused a modification of alarmist reports Stock prices reflected an apparently oversold market Operations of the long account however were conducted with caution traders taking profits quickly and being content to await time monthly showing General rrospcrlly being represented in av large I part by the agricultural yield and time prices obtained fluctuations In the grain market were watched closely and stocks conformed pretty closely to their variations varia-tions A general waiting altitude was more or less In evidence and occasional bursts of activity wore succeeded by periods of semlslagnallon 5 Recent liquidation In stocks was conducive con-ducive to ease In tho money market and call rates ruled at about 2X per cent throughout Lenders reported time loans In fair demand and mercantile paper terms without especial change Considerable Consid-erable satisfaction wis expressed al time liberal receipts of gold al Pacific coast points from the Klondike and Australia credited to the local binkn which enabled them to gain largely on subtreasury op orations That institution also disbursed the August Government Interests and as I the currency movement favored the I banks the prospects for a good bank statement helped to maintain market prices Exports of gold appeared to be foreshadowed In the near future by the S higher market for sterling bills A scarcity of commercial acceptances co Incident with an active demand brought rates toa level at which it was considered consid-ered probable thai gold shipments would 1 coon be madam Prices of bonds moved within narrow limits throughout and displayed little feature I fea-ture asldo from pool operations In a few relatively unimportant Issues United Stales bonds wero all unchanged on the call prices for the weekS week-S BOND LISTS 7 LIST-S 2s ref reffl07 l n 1 n G is1O1 IT S 2s ref coup 107 or Pac s US 3s reg1OS Nor Pac Is 101 U S 3if coup10S Or Nay Ists 107i 17 S n Is reg137 Or Nav Is 101 U S n 4 Is coupI37 Or SL Cs 129 US old Is rcpliJ Or S L con s117 U S old 4s coup 113 R G W Ists101 US 5rg 107H So Pac 4S i 91 U S1 5scoup107 Union Pac Js1011 Cob Sp is CLOSING STOCKS a S Sales High Low Close Atchison 12100 72V iim 71 preferred 3000 01 91 i 94 > i BaIt Ohio 100 EC 9G 95 preferred i o > u Canadian Pac 700 103 107 lOS Canada Southern CC1 Ches > Ohlo JJIA 14 nit chi Alton C 36 preferred j 751 Chi Ind Louis COO ZV si 33 preferred 20 ° 70 GJm Gah t m Last III j20 i Chi Great West 100 211 ½ 2I A 2lV A preferred 7 SJIA B preferred 3 CM < N w 39o SFni51 Pac StXk J 13 ° IK m Chl Tem Trans SCO IS I7J ITK I preferred 20037 > 3V 37 36tA 30 C CVC SfLouIs W Colorado Southern 100 13 I3i 136 1st preferred ICO 02 G ° 5 ° 2nd preferred S 22 Del Hud = 00 159 15S i VV Del Lack West oo > D Rio Grande i > 10 prelerrela IQO 80yi 90vi S9 Erie > 3100 3fV 35 3o 1st preferred 11CO C3A G3 > G3 ½ S 2nd preferred 1514 Great Northern pfd 2CO 175 17V l7Gy Hocking Valley > ICO 52 62 52 preferred 74 S Illinois Central 500 113 112 ll0 Iowa Central SOO 30A 3S 37A preferred ECO 71 73i 70 L E W ZOO CO CQ CO preferred 7 120 Lous t Nash ICO lOCA 1CO X 100V4 lanhattanL r 4 j5i jigii Metropolitan St Ry 15CO 1I > 4 IGi 16R4 Mexican Central 300 23 > A 23 22 A Mexican National 1900 10 > i 9 10 MInim s1 LouIs 1900 07i 107 107 Missouri Pac 100 9 8SV 93 M Iv T 1200 i o l preferred 52 52VA 52 N J Central 300 157 ij y Central 1501k 350 KW Norfolk jfe West 100 51 50 51 preferred 1JCO 87 Ontario Western 100 32 > A 3l 3ivt Pennsylvania 30CO 143 i ir IP Reading iC0 w 33 39 1st preferred > 700 7Ci 7C 4 70 2nd ireforrcd ICO ri ° Vi SOi 50 St L S Frau 1000 39Vi 3914 S9iA 1st preferred 78 2iitl rrefcrred igg CS 03 G35i < St L S W 100 2514 2SH 7 hireferred 200 00 00 00 St Paul l37i CkP4 1FGr preferred 2800 12m j5Q iS2 Sotithemii iac I IS rv Southern 113 1000 2 ircferred 100 85 5r1 T5e > as Pacillc 3100 12 J0 Ilil lSLLW t u k Yl preferred s 321 Union Pacific 11566 oVI fliii nio preferred 1cO ss 4 SSV SS > A abash 1100 20 2OtZ OIA preferred 1300 3574 25 fi 3su WLK J 2nd preferred ico th < Wisconsin Cent 100 20 ro 20 Express Companies 72 Adams American 1 United Slates ti Wells Fargo i40 u Miscellaneous 5 Amal Copper 1500 ipt 113 lii Amcr Car Foun 100 2mZ preferred 2CO S3 5I1 5mL Amcr Llnsecl OilS Oil-S preferred F AmcrSR 366 ft preferred u ° A 50 o Amor Tobacco Ana Sun Co li A J4 303 fi 41 Brooklyn rt t i Wfc 13 T Rap Tiami 2100 73 73 Cob Fuel Iron 1O 2iS 218 ½ 2iI preferred 1c t3 General Electric 600 20 llV i7l4 l3ltlCO5 Sagar 200 57 5612 r Hocking Con 200 2l i i LaLledLt Power 200 3L Nttlonal Iahttional Lead I3iscuit 500 42y J National Salt preferred c North American S Pacific Coast Pacific Mail 1eonli rod 3 5 5 5 1 ItS U l07 PTessed prefarred Steel Car lCO lr ii Pull Palace Car 5 5 Republic Steel 600 1J4 205 preferred 401 7i 73 Sugar 0 Termut Coal c Iroum 3CI 33 ltM T9 fm I U 13 p preferred 1 iti U S LLlmcr I rj jr4 1214 U S Iluibhjer 10 vretmrrec1 h1S Stti ilii5 il breferrl 6Ci f14 Wcstemrt U o San Francisco Wool Saim FrLmmclsco Aug IOQumotcttiommq wool hero today were hl2c Eastern Oregon lOil2e alley Ore gun l3hj14c Faiilntmuminin Sc San laummls 7 Joaquln Phrilits 3jSc llUmlmbohmjt and Mentlocino 91e Poreign Market Now York Aug 10TIme Commercial Advertisers Lontioz Iimmareinl cablegran sas The stockTharket was almost empty and Idle to a degree Domnotic 5 shares were neglected and American stocks merely held their opening price Thornwns a slight inquiry for Atchlson both common and preferred Monty rates are a shade easier August Crop Report Washington AUg 10The August report re-port of the HtatLstlclun of the Department Depart-ment of Agriculture shows the following nMcrngea of the condition on August 1st Corn 510 spring wheat 803 oat i3H barley 869 spring rye SJC buckwheat 011 potatoes C23 timothy hay sll The following condition figures relating to tIme corn nnd other crops Indicate the damage caused by the recent extensive and severe drought In such of the lain clpal producing States named as haVo been affected thereby The average condition of corn declined 273 points during lumiyztmmd on August 1st It was 355 points lower than nt the corresponding cor-responding date last year 339 points lower than on August 1 lR3p nrd 336 points below the men of the August averages aver-ages for the last ten years In Homo localities the corn crop has been inJured In-jured beyond recovery by hot dry wlndq in others timely rnlns during time closing days of July have gone far toward assuring assur-ing fair yields The conditions In the principal States are an follows Indiana 57 Illinois OS Iowa 5S Missouri 23 Kansas 19 and Nebraska 30 During July there was a decline of 5 points In Ohio 27 In Indiana In-diana 3G In Illinois 30 In Iowa U In Missouri I Mis-souri 5G In Kansas and f 2 In Nebraska The average condition of spring wheat declined 153 points during July but on August 1st It wjia 239 points higher than at Iho corresponding date List year and only 33 points lower than on August 1 1ST9 and 12 polnl below the mean of the August averages for the last ten years The condition In time prlncrpals are aa follows Minnesota S3 North Dakota 93 South Dakota CS Nebraska 60 Iowa 55 The average condition of oats declined 101 points during July and on August 1st It wa 11I points lower than at the I corresponding period last year 172 points lower than on August 1 1SS9 and 102 points below the mean of the AugustS August-S averages for thy last ton years The average condition of barley declined de-clined 11 1 I points during July but on AUgust Au-gust 1st It cis 153 points higher than I at the corresponding date one year ago while ll wan 07 points lower ban on August 1 1690 and 20 points above the mean of the August averages for the last ten years rime conditions In the principal prin-cipal States are as follows California 9S Iowa SI Minnesota 8T i Wisconsin S2 North Dakota W South Dakota SC Kansas II and New York 77 During July there was an improvement of 2 points in California and North Dakota and a decline of 9 points In Iowa 3 In Minnesota I In Wisconsin 19 In Kansas 10 In South Dakota and 15 in New York 4 The average condition of spring rye declined 97 points during July On August Au-gust 1st 1C was 76 points lower than on August 1 1809 amId 22 points below the mean of the August averages for the last ten years rime average condition of potatoes declined de-clined 251 points during July and on August 1st It was 259 points lower than at tho corresponding date last year 307 points lower than on August I 1SS9 and 248 points bel < Av the mean of the August Au-gust averages for the last ten years I Preliminary returns Indicate n reduction reduc-tion of 2G per cent In the hay average aver-age The condition of timothy hay Is 10 points higher than at the corresponding correspond-ing date last year 2G points lower than on August 1 1109 and 17 points below the mean of the August averages for the 1iat nine years There has been a marked improvement during the month In the condition of pastures there being but few States In which declines are not reported Woskly Bank Statement New York Aug 10Time statement of the associated banks for time week ending today shows Loans SSS5ll5rX Increase 79SS700 Deposits D05rSlOOD Increase rv 9G8S < K Circulation 3053200 Decrease WGOO I Jegal tenders 70202700 Decrease l395on Specie 1S3W55CO Increase 2619800 Reserves K2293200 p Increase 116JS Reserve required 2113looO Increase 231725 Surplub 209o39oO DccrJaso 1212400 The Financier says The bank Statement r mont of last week showed a decrease of SI212 ICO In surplus reservy which was due to the comparatively small gain of Sl15lSCd In cash and also to the Increase of 2G72CO Inthe reserve required against deposits Time loans were augmented 12 94S700 which may be regarded as a not I unusual increase at this season of the year The cash Items were affected last week chiefly by the ordinary treasury operations an3 also by time transfers of Internal revenue collections from West which together ern points to the subtreasury gether nearly offset the payments by time office of checks for Yukon gold and for bonds so that time banks gained less than 55COCCO through time sublreasury Tho Interior bank movement realized In a net gain to the banks of about S2 CGOCCO There were Indications nt the close of the week of a lighter movement of Internal revciuo transfers and unless there should be an Important decline ol money to the Interior for crop purposes which Is not expected time banks may through the receipts of Yukon gold checks and payments for bonds get In fairly large amounts of cash during time current cur-rent week Tho Increase of S9JCS800 deposits very nearly corresponds with tho gain In loans and the net Increase In cash so thai time statement Is greatly out of harmony It would appear improbable that the bank return should bo considered in any ue grce unfavorable from the borrowers standpoint and even should surplus reserves re-serves bo further drawn down from the current week there would seem likely lo be an abundant margin for all ordinary ordi-nary requirements So far time movement a move-ment of money to time interior for crop purposes Is light though orders were received re-ceived ai time end of the week for time transfer through the treasury of JoOOOOO to Chicago It was not supposed In banking circles cir-cles that Ihls really Indicated the beginning begin-ning of the demand for money for the crops There was good evidence on Saturday Sat-urday that the tension In the foreign exchange ex-change market was relaxing and unless there should bo an extraordinary demand de-mand for exchange It is improbable that gold will have to be sent to Europe and ihereforo no apprehension need be fell on this score Wilsons Opinion of Crops Traer la Aug Socrotary Wilson of the Department of Agriculture Jias completed his tour of the corn belt ana 1s resting for a few days on his farm here Theweather of the future said the Secretary to an Associated Press reporter re-porter will havo much lo do with regard re-gard to the final yield Of corn and final figures cannot be given by anybody at the present time Late corn will be benefited bene-fited by favorable fall weather and early corn growing under the best conditions will fill out better with sufficient rainfall In the near future There has been some Injury owing to the protracted heat to nil corn Holds but much less where rota Lion In crops has been observed than where the land Is perpetually cultivated and cropn are grown for the purpose of selling griln The oat crop is abundant Wheat Is excellent everywhere The hay crop Is nbundant Northern and extreme Western West-ern State will havcun abundance of pa Latoes to supply the Slates further East where thfcy have suffered The sugar boot Is entirely healthy everywhere and has withstood tIme drought admirably I haveivlnitcd no locality where the leople need help from anybody There Is in abundance of forage In the West to winter nil1 kinds of stock and time dam age dono to the corn crop may result In Tianngomil In the future that will enable ena-ble the farmer to avoid to a large extent a repetition of this years experience a Butter and Eggs Nw York Aug 10 Butter Receipts 24i packages steady State dairy IffjC J9c creamery IGnXUc Western Juno factory lj5 ½ e Imitation creamers 11 I t 5 i ggJJ1RQcclrvtsC9jVi packages steaQv bt dull Western candied iZftWAc Westerns xincandlcd sffniV S I Coast Grain is n Iir < VcIscoAuK 10 Wheat Steady > December 5102y Barley No sales i St Louis Wool Market St LouiH U5 10 Woo1SLi i Un changed I New York Sugar Market Nest Yorir Atmg lOSUgnrflaw qtiiet far refining 39bc Centrifugal 4 iICc 96 testi molasses sugar ZSlGe rollimed quiet No 6 517 No 7 5i63 No S 1455 No 9 siro No 10 5115 No 11 5130 fliO No i 1hO No 13 4S0 No 1i stamminrd t Confestloners A 5 15 5 mould A 570 cut loaf iQ S crushed 15 E0 PUWdercJ 5l cubes JSCO S S Live Stock S r CHICAGO I Chicago Aug 10Cattu Including four Tcxung Gooi lrt v steers 5SJXjJG1s peij to o lO fltockets mind 25cP31tS3o lmeIfcrs i ij2 buil9 Ofi5O 11 Cala 1exas shecrs 33 Z 1Ingsfleeelpt tetiy 26000 loft over 3973 1 lUtChCr8 57Om65 ltr0ng 41 goj t L1 56i61Q rough heay r a 55749o built if sales steady Good to 7 choice Usrt KS fair lo choice mixed ti weth5 ttin urn sheep J325firiM v ritr817 v > V nmta O01s a5 2r ST JOSEPH St Joseph AUK in r 125 steady Native SI1S RMI M cjfoA ttoociooj biiS anti 1 WK A S M v 4i j tillU fed IIogB Receipts 53X Blron light mixed J570B600 rorug fhttj u w i heavy 38GfiGOO mcoiucs j No sheep S KANSAS CITY Kansas City Mo Aug cclpis 100 Norn Ilogs Receipts t4IStror higher Bulk of m O6124 packers cj GYttG06 ni 0rkc changed ShccpRccelptsC coo market OMAHA Omaha Neb Auc celpts SCO Nominally teao beef steers J25f3S5 Wemt ati WiOfM70 Texas xtec mlt and helfera 527C71l0 capner stockers and feeders B J30W5CO bulls stags etc vv i Hogs Receipts 7CO SiMtrfL stronger Heavy 7 Z16O nLl bI 575 R light iG65fro75 pigs wrv of sales 57X5577li tx S DENVER J Denver Cob Au CCiJt8 300 Steady 1ief WCtthp steers 52 cows 200i0 Stockers ers freight paid to river 530i sums etc 5200j250 ti IIogsRccelpls loi Steady pacUers 5ui575 mixed r heavy 5 Of5S5 K Sheep Recelpta 1240 Steady to Good IBO fat muttons 30oij3O iami str t |