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Show EAr.Ii.IEKS, ON STEEL TRUST Rev Lowi Record -for Pre-: Pre-: ferred Stocks oh ' Wall Street ';:;:,v , NEW TORK, June 18.-The . favorable effect upon, the London market of the reduction re-duction In. the Bank of England discount rate was 'reflected on - the International group here1 at the opening.' Canadian Pacific Pa-cific Atchison. Bt Paot,- Union Pacific, Wabash preferred, and Erie were benefited bene-fited a point. There was general pressure pres-sure to realise - following liquidation ' in Valted .States Steel. -Colorado Tuel and Metropolitan Street Railway. .The earlier gains were generally wiped out and some of the important ' stocks yielded below yesterday's close. The selling of Metropolitan Metro-politan Street Railway, which carried It down 1, was due to statements regarding regard-ing the company's earnings made by Its president on the witness stand.' The stock then rallied a point Large selling orders - appeared In the United States Steel stocks, which carried the common down to JS. its previous low record, and the preferred to 784. compared with a previous low record of 78. The second mortgage bonds lost a point. The yielding tone of the Iron and steel markets mar-kets was offered as an explanation of this selling. Colorado Fuel lost PA. Tennessee Tennes-see Coal 1 and American Locomotive 1. General Electric lost Vfc. Hocking Valley 1, Northwestern. Amalgamated and Weatinghouse Electric 1 each. -The general gen-eral market was dull and heavy: Bonds were weak. The absence of selling pressure steadied stead-ied the market but there were some rallied ral-lied of consequence in the active division. Colorado Fuel and Consolidated reacted 1 - Southern Railway declined IS-- IS-- Trading was .almost lifeless and the movement either way was alight Seme of the minor stocks broke sharply on small offerings. Metropolitan Securities declined S. Car preferred JH. Virginia-Carolina Chemical 2. Reading second preferred 1H and Brooklyn Transit L Toledo, 8t Louis 4k Western preferred advanced 1. Prices were driven to the low level today to-day by a brief selling movement. Colorado Colo-rado Fuel was forced 2 under last night Hocking Valley 2. National Railroad of Mexico preferred IV4, North American JH and Baltimore & Ohio. Union Pacific, Rock Island, Wabash preferred, Chicago se Alton. Lead. Locomotive. Smelting preferred. pre-ferred. Consolidated Gas and Pressed Steel Car 1 to 1. The selling was discontinued and Colorado Fuel recovered 114 and Steel preferred nearly a point Elsewhere the rally was feeble and the market became stagnant The close was dull and weak. '. Xanaaa City Cattla. KANSAS CITY. June 14,-Cattle Receipts. Re-ceipts. 2000;' steady; native steers. $3.60?9 E.12H; Texas and Indian steers. U-754.; Texas cows, 82.25 1.3t; native cows and heifers, 82.0064.26; stoekers and feeders, 83.26140; bulls, 82-7604.00; Western steers. 82.864.X- Western cows. 82.0034.86. Hogs Receipts, 6000; market strong to S higher; bulk of sales. i.7&6.90; heavy. 8S.8o64.00; packers, 86.66.M; medium. 8&.70 &.90; mixed. 8S.4&6.77fe; yorkers, 86.709 8.77H: pig-8, 85.26-- Sheep Receipts, 1000; market strong; muttons. J8.30ts.l6; lambs, 84.26-S7.00; range wethers, 83.605.40; ewes, tl.40i.2&. St. Louis Wool. ST. LOUIS. June 11 Wool Unchanged; Territory- and -Western' medium, 1617c; fine medium, 13fil6c; fine. Igl6c. . New .York Money. NEW TORK. June 18. Close: Prime mercantile paper, 6M4 per cent. Sterling exchange steady at 84.87.96 for demand and at 84.85.40 for. 60 days. Posted rates, 84.8&H&4.86. Commercial bills, UM, Mexican dollars, 41c. Bonds Governments, stesdy; railroads, weak. Chicago Grain.' CHICAGO. June 18. Wheat opened steady, July a shade to He hither at 76Hc, and September at shade lower to a shade higher at !V-i'SfUc. The market eased off a trifle, July selling at 76Hc and September at 74c. but the strength In com caused a rally and July advanced to 78Hc, while September sold up to 74c before the end of the first hour. Close: Wheat July. 7,4c: old, 'ST4c; September, 74HS74c; old, 74Vc; December. 74Hc; old, 740. ... Corn June. 60c: July. 60T4c; September, EWfcc; December. Oats-June. 394c; July. SHe; September, S3Sl$74c; December. 34c. Pork July, 317: September, 814-95. Lard June, 88.g.S7t; September, 88 97H: October 8S.82H- Ribs-July, 3.S2tt; September, 39.S0; October. Oc-tober. 8906. Rye July. I2c. Flax Cash. Northwestern, 81-07. Timothy June, 83.86. Clover 811-60. Barley Cash. 4766c ' Cash Wheat No. 2 red, 78c; No. 8. 750 77c; No. 8 hard winter. 77c; No. 8. 7o; No. 1 Northern spring, SOtfSlc; No. 8 Northern spring, 77SC8e: No. 3 spring. 7877C. Corn No. 2. 616H4c: No. 8. 6lc. Oats No. 3. 38c; No. 8, 876S7Ha |