Show i1Ir r GAINS MELTED AWAY f f Prices in Wall Street Again II 1 on Down Grade I i il l STRIKE TALK IS ONE CAUSE h J Cat r oney Market Continues Easy t Theo Was n Slight Reaction in oF eign Exchange and Sterling Market Steadied SLcer and Drafts rT New YorV Juno iLBar silver 53Vi Mexican I lollari 42H I San lyrancleco June aSItver bars 53U Drar sight 2 1 074 I N Ir 1 McYin lola 12 lA tirzts lolograph l JI Money and Exchange Now York June 3 LMoiicy on call Etondy at 2W2j per I cent closing nt 2J w per C nt l a Time money llrm sixty days 4 per cent ninety das 4 per cent alx month Ser II S-er cent I Prim mercantile pcpor 4V5 > 1 per cent Sterling exchange steady with actual I business In bankers bills nt 48525 for II e demand and n i4SS25 for Bixty days f Posted rates 5t bSQiSi and SlSSgJSO Commercial bills et fi I I New York Metals New York June 3OwIng to lighter ortorlngj tin advanced sharply In London I I pot cloning at f gain of 15s at 119 Icu whllo futures tuurcR were 3 5s higher at 2 1 Ju Now York tin Influenced by thc rise ibroal nr also firmer closing at 2S Oij ll lopper advanced L for spot In London tl cloolnc at CO while futures gained 1 5s 1 nrul closed rt 153 SB Locally copper was 1 mill and nominal Lake electrolytic and et casting arc quoicd at 1 ilIS7z l a lead declined Is l M to 1 80 9 In London Lon-don but remained unchanged here at tCt1 IJ7 Spelter was unchanged at 575 In Now JH York but In London it advanced as to rr Iron closed at 02s lid In Glasgow and at RS S WH i In Mlddlesboro Locally Iron was r I I weak and lower No 1 foundry northern closed nt 19007COPO In New York and No 2 foundry northern rt 18i19C4 I 180 Stocks and Bonds 44 a Now York June 1The recovery again ba today by 1 the tock market from an opcn l r ing depression and tho disregard of Homo of the bad news of tin day seemed to Blvo a fresh demonstration that the stable brtsls of prices had bcun reached and after mldoay the price level was lifted I qui substantially But when the professional Ll 1 pro-fessional operators commenced to tako their profits In the last hour of the ses Hlon tne days gains melted away in short MJ orde and tho last prices generally showed net loesfK CBZ1 Tho opening setback waa due to tho reported Ii re-ported threat of a strike by the unthra cite coal miners unites tho refusal of tho agk operator to accept the miners representatives represen-tatives on the conciliation board should i t ba rescinded The resulting decline In t I pieces icached u point or over for several 1 sev-eral of the coalers and for some of the I leading railroad stocks St Paul run off JJ m I boc me manifest at the decline 11 j that tho short Interest was availing itself iht same time support was In tho market na 161 of tho opportunity to cover and at tho u1e on yesterday 1e A party of professional traders seeing 3 Lt the direction of things commenced to buy cittm und bid up tocks In an effort to takeaway dU take-away tho market from tho nhorto A POSl sharp recovery In the Canadian group from jcflerdayn demoralizing break helped help-ed the St Paul carried < 1 movement was calred 1 over last night In the course of the movement Many other ffnlns of a point or more was achieved before tho line sot back occurred The comment by official of tha coal roads on tho labor situation revealed a rather conciliatory spirit and an apparent wlllingnc3 to negotiate the dispute and on this the coalers made I vigorous recoveries The Improvement In the weather situation and the subsidence of tho floods were taken as encouraging features and had added l forco by reason of reaction In the mark the sharp grain p < I reacton ga marc it The heavy onRiigomcnts of gold seemed 4n5 to he Ignored and the call monoy market Si 1 continued very easy Although tho cal t mon market was not afield there was n PI hardening tone In the time money nol 4r going to 5 per cent There WHH a niigiit reaction In foreign exchange said to bo 1iut < lur to some offerings o loan bills which t HIP advance In Url money made profitable able The sterling market steadied before thc close Thc outlook In the money iie mnrkele 5emmI have Induced tt renewed rolling In tho stock market In the last l hour which carried Pennsylvania down ton to-n parity with the low level of the movement move-ment sZS Jcnt1ht brnd market was firm and the now Rock Inland J Gs were lifted 2 points Totnl LD a MIca pur value I2483CCO United Slates 28 coupon advanced I per cent and the new 4i declined i per cent on the last m call NBV YORK BOND LIST I U S ref 2 H reg 10514L vt N unified 4sl01 > 11 Cli coupon I0i MOX Can 4s 77l E U S Zo reg Hr I 1st inc 2 4 coupon 107 IM t S L 4a I 100 U 8 4s rec ltM K T An f coupon IKVi 1 2nds 60i coupn V S old Is reu 109T4 N Y C gen 34s 102 U S S3 i rer 102jN J C gen 5s 133 l coupon v 102i ½ Nor Pac 4s 102 I Atchison pen 4s WA No Pnc a 73 > i idjt IB yytH N W con 187 83 n l 0 4s lOlTfc Reading gen 4s 9 3ks MVSLlMcon OlZ4 coil hJ 100 S L t S F 4s WV Cat So 2ndfa lOS LSWIsts94 = C1 of C fcj 10PI 1 2nds 8l 7 1st inc 7b I S A A P Is 79 t 0 4Vis 104UI So Puc Is S e 4 A 3Vtf 75Vj So Ilnll 5s 115 Hal 5 15 C 1 Q new Is 944T P Ists 116 t C M t S P R Is 100 IT S L lal 4s lGy L C A < N W con 7s IDlVn lTnlon Pac 4n 1 d l I I I 4slK5uJ com I 9 yj 4 4 c I C S L I 4s Wa > ash lulu 115i 151S bl Term 4n StJI 2nda 10o o t Colt 80 4s SS deb B 75V J I D R G 4B 93 West Shore 4s 1003 stI Jrto J prior Men I I < < J A W L E 43 9 oPbO1 Erie gun 8 8 Win Ccn IB l c lt V T W D C cjviT Con Tob 4s 41Vi I a hock Val 4 4a 107 C F I o SiSal t r O r CLOSING STOCKS ct l c rJ o Sals High Low Clooo Atchljon 315 > 7H 73 71 1 ke C t Preferred i 91 t t V 94 914 th thl 1 Haltlmorc Ohio 1IKO Sl S7 S3 C 1 5 tb Preferred S Cj b it 1 eseest s Canadian Pacific o 42000 125 ½ 121 222g 15 tlt5 Canada Southern 12 L 63 6 C In or e I Chesapeake O 2300 10 a 30 i 1 ot Chicago Alton lSOO 2Si 27V5 2714 ofC I Preferred ZY CSt CS-t tet Clil Gt W 1200 20 30 4 XH A preferred atanr 74y I pJr OlTl n Preferred 1M 3iV ½ 34JA s t t Chi Nweatcra 203 175 I75I i 175 I i + + + + + + + + + + + + + + + + + + SILVER + + New York 53c + + San Francisco SSftc + + London 21V d + + LEAD + + New York exchange 437 Y + + COPPER + + New York exchange 1475 JS7I + + STOCKS AND BONDS + + Prlco level l In Wall street was + + lifted quite substantially at opening + + but fell away and close showed not + + losses + + GRAIN AND PROVISIONS + + 1 Wlifnt closed steady with July off + + thrceelghtho + + Coin was near the top at the + I + final cal + + Oats stood up well against good + + deal of profittaking + slump + + Provisions experienced a + LIVE STOCK + + Cattle Steady to 5 cents lower + + Hogs mostly 10 cents lower + 4 Sheep Slow to z cents lowor + + + + + + t + + + + + + + + + + + Chi T T 100 15 15 1H Preferred 20 a 247i 2Y C C C > St L 7Ja Colorado Southern 1000 19 i 1S IDii First preferred 63 Second preferred 6 C9 Y 2 2 Del Hudson 1300 172 170U 170 4 Dcl Del L li W 219 Denver R G 10 31 3Qfc 3 Preferred SOO K 84Vj S Erie 04GOO 54 333 24 s First preferred 88CO 68 k 6 GIh Second preferred 11390 H4 CO 57 Gt Northern pfd ISO rocking Preferred Valley COO 100 9S 9 J lllnols Central 2000 13CU 13G J1 iowa Central 300 SSi 27V1 2V4 Preferred 100 51 Cl r Lako Erie W 200 3 S 34 Preferred 100 Louisville c Nash < 114U 113 Y 1l24 t lanhattan L 3400 ISSHi 13Hl 13 Met Street Ry 2SOO 129 123 12S Mexican Cent 900 24 21 24 Mexican National 31CO 2 23 23 = Minn St Louis SOO 82 78 SI Missouri Pacific 32200 1W 10 10 L 1C T 300 2P44 24 Preferred 200 52 52 6 214 New Jersey Cent 100 167 167 1C5 New York Central SSOO 1 126 124t Norfolk t West 1100 CS3 GS GSM Preferred S Ontario West 22yO 2G Tc 2 Pennsylvania G2400 I271 126Hi 1 v Reading 150 49 J j 48Vi First preferred S3 Second preferred Cot Co-t L San F 900 73 73 72y First preferred j Second preferred 0 65 C5 G St Louis Swcstern 4CO 20 19Vi 19 Preferred 1000 1IL 444 4W1 St Paul GSSOO 152ft ICOA 16o Preferred lid Southern Pacific 19100 01 50 51 Southern Railway 3300 2C > i 2 20 Preferred 210 > > 90 S0 S > ½ Texas Pacific 1 n 31 31 3114 Toledo St L W iO 224 20 S 21 Preferred 900 42 j 4llf 414 Union Pacific 29500 S44 57 f Preferred 5 < v > s SSi ½ 89i Wabash UOO 2r 2S j 23 Preferred 12900 46 41fe 45A Wheel Lako E COO 23ft 23 2Y Second preferred 35 BOO 21 20 20 Wisconsin Cent 2o Preferred 100 43 43 42ft Express Cos Adams 221 American > 191 United States 111 WellsFargo 195 M iFcci lancous lcelreou Ama1 Copper 120 6S rG EG4I Am Car Fdy fl 373 37 G Preferred 2 S 59 8 Am Preferred LlI1eed Oil 110 10 10 1 I Am Smeltg nef 200 48 48 47 Preferred 20 9t 9 91 I Anaconda Min Co iO S Sfl SW Be Rapid Trans 1O r1 5 f9 Cob Fuel Iron Xb 671 C I COloldlted Gas 00 1f9 I3 1S Con Tobacco pfd UI 112 12 11 General Electric ItO iSi 8 Lll HockIng Coal 10i l 16 intermit Paper 36 Preferred t 70 InternaL Power G 4O 39 40 Luclede Gas f5 National Biscuit iO 4 = 10 National Lad t 110 lt 1fJ lrt North American COO 92 < D0Y Pacific Coast 140 5j 57 G Pacific Mail 0 2j 2l Zj Peoples Gw S o Uk 59 Pressed Steel Car 0 SGJ 54 5G Preferred 20 S S S1 Pullman Pal Car 10 no 210 20 Republic Steel Hi 1 1i 15 15 1 Preferred t i Sugar iJ 12 t 322 Tenn Coal Iron 10s 55 5i4 55 Union B P Co 1 M Preferred 2 O 70 70 cl U a Leather G700 OVA 03Vj C Preferred 2700 90i 52 0 U S Rubber 14 Preferred WA 1 S Steel 20000 12 3jF 31 Preferred 7000 12 Sl 81 Western Union 0 S4i S14 8Wi Am Locomotive lCOO 23 22 22 Preferred 200 91 01 OI Kai City So 100 27 27 27 Preferred 200 49 r Ij I Rock Island 41900 36 3 15 I v Preferred 11700 72 71 ½ 7 Total sales for the day CMOOO shares St Louis Wool Market St St Louis Mo June 3Tool steady medium and combing IMUOJi light flno lfilS heavy fine llJJUii tub washed New York Sugar Market New York June 3SugarRaw steady fair refining 2 centrifugal 96 test 3 1932 molasses sugar 2 2932 Refined dull |