Show GAINS WIPE OUT Stocks Opened Strong ButClosed at Lower Prices GENERAL MARKET HEAVY PEOPLES GAS ENJOYED A GREAT OOM Bock Island Also Advanced But Part of the Gain Was Lost Speculators Specu-lators Still Doubtful as to the Whereabouts of the Spanish Fleet Price of Lead Advancing New York May 27The stock market enjoyed a period of strength this morning but the early gains were practically all the da In wiped out before day ended except a few special stocks which had sustained sustain-ed the list all day Even some of those closed at prices as low or lower than last night closing I The late weakness was aJ F the more remarkable on goets of the sustaining force exerted by the buoyancy of Peoples Gas This stock made a remarkable re-markable display of strength and absorbed absorb-ed a large proportion of the days total dealings The extreme rise almost 3 points was enected In the face of pronounced heaviness heavi-ness o the general market which was dropping under a persistent dribble in realizing sales The advance In Peoples Peo-ples Gas was due to the very confident uuylnr of the Interests on the Inside It may havo been directed against short Interests In-terests which have been put out In the last few days on the strength of threatened threat-ened litigation against the combination the companies After the stock touched par very heavy blocks were taken and there were prolonged periods when it was practically the oniy stock appearing on tho tape Its net gain is neany 2 points Rock Island was advanced almost 2 points In the early trading but saved on ly a little over a point of its net gain The grangers as a group shared In this early strength and there was good buy ing also in the Vanderbllts London wAs a buyer of the international stocks in this market and there were conspicuous gains In the case of several isolated stocks Later weakness in the market was undoubtedly due to a growing grow-ing doubt as to the whereabouts of the Spanish fleet There was some awakened activity at times in the bond market and prices were I well held throughout Sales 2675000 U S old 4s registered wet U higher and l S 4s coupons 1 per cent lower and tho new ls coupons H lower In the blu prices Others were unchanged shares Total Including sales of stocks today were 336500 Atchison preferred 10100 Burlington 15400 L X 12800 Manhattan 16500 Metropolitan 12 4 0 Missouri Pacific g600 New York Central 4200 Northern Pacific Pa-cific 43X Northern Pacific preferred 1570 Rock Island 23800 St Poul 2MM I Southern nreferrpfl 9900 Tnhnvwi Slflfl Peoples G240 Sugar i 2 WT C I 4203 Leather preferred 4200 Western Union 4100 LOANS AND EXCHANGE Money on call steady at 1U per cent last loan li per cent prime mercantile paper SVrfJIJi per cwjt sterling exchange firm with actual business in bankers bills n 4SGfi4SGU for demand and at 4S444 ½ for CO days posted rates 4E30 4S7H r commercial bills 4S34S3 Silver certificates 5SK5SiT ba silver 57 4 Mexican dollars 45U BpND QUOTATIONS I U S new 4s reg22kf P 3 C0 U S new 4s N P 4s Gy coup 122 Nor W Gsl2 > U S 4s lOOiNwest cons137 U S 45 coupl1 Nwest debs sl U S 2nds 7 jO Ra 18ts1 U S 5s reglll0 0 Nay 4s 58 H g U S 5s coup111 S L Cs t r124 Dis 3 Cs113 O S L 5s t rl034 I Atchison I 4s 91 O Imp late t l103U Atchison adj 4s G4UO Imp Es trl 5S I C O 5s U2 Pac 6s of 95101H D R G lsts106 Beading 4s ES D I G 4cr 93511 G W Ists 850 Erie Gen 4s 72lSt P COT145 t F W D Ists ITex Pac L 1 r 7 i a Jsts 103 H T C 5s 110iTT5i Pac Rg 5s10T H T C con j I 2nds 31 s I 6s 101 > XU P D G L t N U 4s SO 6IUjs i 5SH 31 K T lads 62 Wab 1st Is10 M K T 2f HWab lads52 h N Y C Ists117 W Shoro 4s103 N J C tsi12U 1 pfd 5S N P isle113 U P 4 55i STOCK QUOTATIONS Atchison 12siReadIng 104 Preferred SlSt paul SSit BPI 0 181 Preferred 9Y I Can Pacific 4jTex Pac 11k Cent Pacific 13U Union Pacific 5S Ches Ohio 21VTJ P D G 7 Chi Altont9 Wabash 7H C B Q 1C1 1 Preferred 19i Chi 8 E Ill34 W L E 2 Del S Hudson ° Preferred II1 4 D L W1112 Adams Ex 9 D cfc R G UKAmerican Ex123 Preferred 471nited Slates 4 Erie new 13 Wells Fargo117 Farg17 First pfd 355i Colo F 1 214 Fort Wayne 16S i Preferred SO Gt N pfd173Gen Electric 363 Hocking Valley SWlIIlnoIs Steel K Illinois Cent 10IH Led 5 Lake ShoreI94 Preferred 10GU Louis Nash 554 l fe Lin egllg t Mich Cent1 1 Ore Imp Co OV Mo Pacific 35 Pacific Mall 2E J Mobile Ohio 23 Pullman I Pal 1SSH M K T I Silver Cert 5S4 Preferred C3 jSusar 1378 N J Central 85 1 Preferred 1134 I Nor West 13SWestern Union I3 No Pacific 2ff ie N W12004 Preferred ft I t Preferred 17 O R J N mIR G W r r O S L = Preferred 6314 Plttsburg 16S Reading 1st pfd 45 NEW YORK MINING STOCKS Chollar 15Ontario 2 7T Crown Point 13 Ophlr 35 Deadwood C C Vai SOiPlymouth 50 Quicksilver i l 1 00 15 Gould Curry 20 Preferred 2 00 Hale Norcross s Sierra Nevada 20 Komestake 400 Standard 1 50 Iron Silver 45 Union Con t Mexican laYellow Jacket 1 i SAN FRANCISCO STOCKS j I San Francisco May 27The official 1 closing quotations for mining ofcial tday I were as follows mlnlns AHa lOiJusttce S Alpha Con StLfeslcan 18 Andes SlOccldental Con C3 Belcher 10 Ophlr S4 Best Belcher 23 Overman 8 I Bullion SiPotosl 20 I Caledonia 2 Savage 10 i Challenge Con Sierra Nevada 4S Chollar Silver Hill 5 I C C Va 45 ITtah rC 4 Crown Point 12 Yellow Jacket 22 Gould Curry Standard 1 2 Hale Norcross 851 5 Stocks at London New York May 2SThe Evening Posts London financial cablegram says The stock markets hero were quiet today on the coming holidays but were firm and hopeful Barring the uncertainties of politics pol-itics the outlook is 1 healthier and more hopeful than it has been for some time past The India government offered today 5000000 in treasury bills These were all allotted In 1 months bills at 24 per cent and I learn that Japan Ja-pan was tho buyer This probably means a further release I of Japanese money soon Argentines were strong as also Brazils the latter on the debt reorganization scheme Americans and Grand Trunks were good closing quiet at the best There Is a revivalIn the continental demand de-mand for gold the price I which is now 77s S t TheIiletal Markets New York May 27The week In the metal market shows a pronounced activity activ-ity and strength Quotations for tin and lead were higher today with the tendency still upward At the close tin was ofll daily called firm at 14901495 spelter fIrm at 425f435 lead active and advanc ing 37SS3S5 The price of lead was advanced ad-vanced to 5 by the firm naming the settling prico for western miners and smelters Pig Iron warrants unchanged iJO lak copper ulchan unchanAe 10I |