Show FINANCIAL AND COMMERCIAL 1 I I I 4 4 J i I i f s t s n s b h EFFECTIVE RALLY FOLLOWS I SLUMP Market Turns Upward Aft After r Large Quantity of Stocks Is Unloaded New York Dec 10 After Artor After another s severe evero ev ro break which forced quotations t to o a now low for tor the tho protracted d downward movement tho the stock marcet mar mar- Icet leat 1 rallied ef effectively toda today The re reCOver recovery re re- c over COver covery was as not regarded as Indicative o of ot f a marked change In sentiment Tho The d downward movement b began bosan an on tho the rendition rendition ren ren- d of ot the Harriman decision has e extended a n. point to which the Influence of or that decision may be bo said naido tt t to o have made Itself directly felt and t there thore has hos been no specific development develop develop- ment meat since Inco that to account for fot tho the continued c pressure There was wan no apparent rent reason for tor a SL c change hange In sentiment today and It was tt t the he opinion of ot man many market observers t that hat tho raIl rally was duo due in large part to o overextension of short selling Tho The opening wa was wao weak and through h the he t morning there thero was a steady stream of ot o f selling orders which at times tunas al almost almost al al' mo most t demoralized tho the market markot No ef effective et- et resistance was offered and stocks tocks were unloaded In Increasing vol vol- u ume St Steel el sold down to Union Pacific to Reading to and Amalgamated to 76 Amon Among the less a active Is Issues ues declines wore more se severe se- se v ere vere ere extending to 15 points In Lackawanna Lacka- Lacka wanna and 11 In National Biscuit Tho The turn In the market came with Ith the he noon hour and prices mounted steadily tint until 11 Steel Reading and a n number umber of ot other Important Issues showed gains of ot a point or more morO Just before th the close the market became heavy eavy although prices did not relapse to the low point of ot th tho da day The Increase of ot tons In the thA United States StateR Steel corporations corporation's unfilled unfilled unfilled un un- un- un filled tonnage was regarded as a satIsfactory satisfactory satisfactory sat sat- showing but was without In Influence Influence influence In- In fluence on the market markot In Its present unsettled state The bond market moved In close sympathy with stocks but some of the tho active Issues showed shoed loss less recuperative power Total sales par value alue 2935 United States bonds unchanged on co call 11 STOCK QUOTATIONS n T-ro- T l Copper I l 77 U 17 76 1 1001 4 i 54 4 1 M 53 D fleet tt Sugar Su 1 to 50 I U 45 49 49 American Can 23 I 26 fj I C t Preferred 3 1113 I ar an Fury FlIrT 5 51 1 1 52 54 Cotter Oil 6 56 i 1 I 51 G 35 TN Te RI 15 I 15 i 15 American mc It 31 11 1 Ii 1 11 42 41 1 41 lt Smelt melt 1600 70 7 6 U 6 62 2 u 1104 1104 I. I I Tel Tel 8 ill S American 7 i 1257 1265 Mining CO I q I 7 I Preferred re 1101 I Atlantic t TIu Ilu l rl II t. t Ohio 6 I Stel 4 i 23 03 Brooklyn n ril Transit rs 53 I j C I S P I Central Oli 27 s l 1 5 I 1 Z 27 Che tub Ohio 9 1 75 1 I 71 I o Creat nt Western 1 16 1 16 ri Mu St. St Paul Chicago G IU li 11 I Fuel Iron 32 In Conel tp Gia 1 G h Cern rn 14 I 13 I 1 1 I Hudson nn I Rio Grande o. o 0 2001 20 I Zo 20 Preferred 1001 37 1 37 Distillers S 2001 0 20 I Erie Erl l n 11 First preferred 1700 49 9 I 4 4 Second lt 1700 1 t. t 1 General 1 1400 tZ 1182 d Greet Northern pM t Great lt orth rn ore eUs eU's n J 40 1111 Illinois 1 1123 12 I Met t 17 1 16 11 1711 Preferred 61 11 06 h I 1 2 I lC s Ml Merine pfd I S t P 11 I 1 International Pump 18 17 15 Kansas Kl City Southern ZT 27 23 fj 6 I Oas Gas 3 1103 1103 WOn rehl h VAlley 1169 ille lInn St St. t. t P. P S. S 6 2 If 1381 KAn T Texas 1901 1900 26 23 zm 6 26 p c 41 1 39 I National DI cult Ill Lead Rd 66 CI 54 54 r. r 55 Xa Noti tI nys flys of nl M. M d pM pM 2001 11 27 i 7 2714 27 t New w York 1 4 New W York Onto Ont I. I 00 n 31 31 n Norfolk k Western 11 North American 00 60 S1 c Northern Pacific lU 1119 I J Pacific Mall 39 1 10 30 ff 41 PennsylvAnia 1104 1101 P Peoples ople Gas 2200 I P. P C. C C. C St Rt Louis Jools I IHl 16 3 l' l PIttSburgh It b Coal I MOl 21 J t 21 I 21 Pressed St Steel ol Car 10 33 33 Pullman Palace C Cr 19 35 28 Rending Iron St Steel el 1700 21 I 23 24 2456 Preferred 56 8 85 55 23 Rock Island Co 22 I Preferred 43 11 c St. St L. L S. S F. F d pM I 9 f Irl Air AirLine Line 4 19 1 19 19 4 Preferred 46 J 1 46 1612 S. S S. S S. S 5 iron 4 45 I I 4 I 4 d U 5 Southern Pacific Southern Railway lOO 28 I 27 i Preferred 1 1 79 79 9 0 Copper 00 37 37 35 3 36 Texas Si Pacific I 2001 zool 2 24 22 22 5 ste Pacific Pl 5 89 Union 1St I Preferred ed GI 91 1 I 90 90 United 1 Realty COO 74 73 3 71 United States StAtu Rubber r. r 83 63 6 62 62 i 62 U United States State tat Steel 66 54 em 65 63 Preferred I Ins Utah C Copper r 67 iH i r. r 54 V va Ah Carolina Chemical 42 2 40 H 1 12 42 Wabash C 4 4 i 4 oS Preferred d COO GOO 13 13 13 Western Maryland 1400 62 52 51 Western Union 2300 73 7 S 'S j 73 FJ Electric 2900 71 76 t 77 7 Wb Lake Erie 1 I. I I 1 7 Total pales Ide fo for the the- day day shores shares LIVE STOCK MARKETS Chicago Dec Dee 10 Cn ne C market mar ket slow slon BeOTes 5 T Tes n. n Ite steers rII western steers steer S. S stockers and nd feeders rl cows and era n fW car calves K 6 6 Mi 11 Receipts OO market mart quiet 5 I cents lower Jower Light mired 6 heavy hay rou h. h pigs 5 v 70 of ot pales nales Sheep Sheep O market steady Ka Ns tit UTe tire western yearlings yearling lambs oaths Dathe O western Kansas City Dc Doc Dee 10 n Cuttle Receipt including GOO m market Native steers O. O G ra O southern cows and betters nil native cows C and heifers 37 1 S. S O stockers n and feeders tenen CW CM O bulls 45 calves 6 00 west west- cm un steers C. C 8 0 wt western rn cows cows 4 CO market markot 10 cents lo lower R Fieg Hugs Receipts er Bulk Balk of ot MIl lo 7 heavy packers pack pac ers era and ond butchers light pl pigs lI 6 Sheep Receipts Receipts 1000 market I lamb lanino rouge range nod arid yearlings 4 40 6 O ranco rl ew ewes South SmUt Omaha Deo 1 Cattle 7 market Native f steers AtreN 6 native cows COWL and belen j western te rs O Gt T Texas ns steers Gro cows and Inri heifer canned canner 3 4 sf stockers stockern and feeders feed Cecil ers rs era C. C bulls stag ll etc 1 OO market t to 10 Cents lower Heavy mixed SOo rit lI light ht pIgs 72 bulk ot of sales sale Sheep 1 1500 0 market strong stroDA Year r. r hag 6 6 ewes ewes lambs Jambs 8 GRAIN AND PROVISIONS PRO Chicago o. o D Dec c. c 10 Wheat made n a natural rally to today by aft after r r the recent continuous decline cne There was a firm close nt at R a net advance adrance of ot i to 41 c cent nt ot that wheat h at early 41 went tinder r tb the seasons season's low price level ivel final quotations were veTo at practically the Iho top for tor forthe the d day r The market better r rallying power than lat had been n seen n In ome some time May wheat which fluctuated d between n SS U and aDd 5 Wt e cent cents wound up U cent nt above last night at ll i. i Lightness of country offerings made corn cora firm 2 b. fa closed d at nt WINS Canh were slow Blow account of 1 continued mall m 1 arn ar ar- Oats tarn race on Ott nt at 32 r of hogs brought U about t wennS wen weak k PI Plentiful n I I Till supply v i tj u. u o.- o. r n nS ess n lu Ju which closed to 16 10 cents down Lr Leading Cot ran ranged n 9 followS tollo WHEAT Ar I Open I h. h J I I Low w- w I Clo r. r i Dec i- i 0 1 4 3 dd- dd 11 ij May ny Gi j ul-i- ul 0 SG IJ 4 Is 11 15 S com COUN I I Low I IDec Dec tj ft I May lv 47 I 4 J 1111 uly B n i ho OATS OATS- I Open 1 ILow Low I 1 C Dec tt 32 May 13 IJ 3 Imn 32 3 July 7 l u 11 5 F C I Open r High t 1 LoW w. w I l 1907 07 1377 77 ri 1895 May ay 1865 18 j 1185 18 1860 inn inn- LAUD LARD I O n. n J I I Ix I. LossI w. w I CIo Close Clos- Clos 0 r n Tit IIO 10 l 10 60 1 T TA iAn n HO 10 45 llO CO 10 2 f rJ May M ni 1015 10 17 10 03 1 SnO SHORT T-RI T RIBS SI S- S I Open I I I Low I w. w I IMay Clo l. l J JA n l 1010 0 May Ia I I I 9 n 92 j 1 9 9 87 I 1 99 Cash were ero us as follows follow Flour SI w. w O. fa 3 2 3 G roi 00 J. J I Feed Barley F rv cd ll or 1 m I fair to choice i melting 67 ri 72 I Timothy t. 3 Clover Sred O. d 00 Mem oe Pork Lard In Lard In Short RIM Ribs Loose I 6 GRAIN GRAYN STATISTICS Total clearances of or wheat bent end and flour WeT were lId einal to primary receipts were ver bushels compared with bushel the corresponding cot cor responding day dar a t Y year R ago O. O Tb The worlds world's supply as 81 shown hown hr hT t Increased el 25 2 5 bushels J receipts for tomorrow Wheat 3 30 cn earn cars corn 3 earn cars oats oita cnn cars hogs hOlS 3 Ot bead beau WOOL OOL 1 MARKET T. T St. St I Lenia Dec 10 0 Wool Steady Wool Steady 1 medium grades erodes s. s combIng combine and clothing light fine tine l' l b heavy heary tTY fine 1319 tub washed 27 7 iJ 6 Botn flosten Dec Dee 10 Verr little Int Interest r t Is Ia taken In domestic wools Transfers ar are aro light and AntI holders hoMers retis p I to shade ebado prices In order to sell their good The bulk balk of the th N is In territory ter stock t come Fomo fair transactions transaction fire reported In nearby tl fleeces California ami Texas Tc products are Tory dull Ml three eighths I blood 29 quarter quarter blood blood Scoured has Texas fine tIne six lx t to eIght m months itS 55 fine twelve months fine f taU fall all 47 California northern rn r middle county t 3 2 southern 9 fall tree treo Ort Oregon oo No Ko 0 01 1 I st staple eastern c lothing CO Cd valley ralley 1 No n. n 1 I 53 w. T Territory Fine staple 66 67 fIne medium s staple fIne 6 fine medium lothing c F 3 half blood combine u I I I I h I d t s S 1 c c J ff 41 16 3 35 28 23 c f Irl d 5 5 89 ste r three eighths blood i 1 S quarter quarter- b blood lood combing NEW YORK TOnIC MONEY EY MARKET r. New cw York Dec 10 Money Money on Call steady H I S 5 Ic 4 2 per pel cent ruling rn rate te 4 44 per cent closing b bid it B 5 per pr cent offered at nt 5 per cent Time Tirol loans w weaker sixty anti and ninety tY days 6 per cent six abc Iv months i l p per per percent l cent Prime mercantile paper r. r 6 S per cent fent nt Sterling exchange steady with huitis tot hui l- l n ness nu In bankers bankers' l hl nt it 4 of OvO IA for tor sixty day y lu MN hili ills and InrI at nt 4 01 S for fr demand Commercial bill n Itar r silver Mexican dollars 49 W GO Government t steady railroad bond hOll n cavy CONDITION OF 01 TIlE TREASURY D Dec e. e 10 The The condition of nt the I United Stat States treasury at nt the beginning of ot business niS to today wee was W WI balance 5 J In n hanks hank anti and Philippine trea treasury T Total otal of at r general fund fond It ye yesterday II D bun DI Disbursements ments D Deficit a to data lat II fiscal rr year r D Deficit at this time last lut year I. I Th The figures figure for tor rC receipts disbursements and deficit exclude c Panama canal ennal and ODd public debt transactions MARKETS New l York lork Doc 10 Copper Copper r standard spot pot 1687 1681 bid Df December January and nJ al February electrolytic el L 17 lake 17 Ii casting Tin EAsy Tin Easy spot to February 49 05 Lead Easy Easy Spelter Spelter Easy 72 1 I. I Antimony Quiet Antimony Quiet 1050 1060 Iron Quiet Iron Quiet and unchanged d. d Copper exports month tons London copper opper lull dull spot pIat 75 loam futures 76 I los London tin dull spot pot futures London lead lL L' L 15 Is b 3 1 London spelter t 26 23 G 1 10 Iron Iron Cleveland Cleveland warrants warrant 7 d In n London I BUTTER DUTTEn CHEESE A AND AN n EGGS New w York D Dec 10 Weak Butter Butter Weak t factory tory current make firsts l 4 4 stock Juno une make J current nt moke make No Xo 2 2 22 2214 Ch Sips Cheese M Steady 13 and unchanged Un Unsettled fresh extras 6 lucId held fresh average best 2325 refrigerator I pC marks fancy tancy local storage paid p H 15 IS' IS firsts 18 18 Tr western tern gathered l whites Chr Chicago ago Dec Dee Bu 10 Easy Butter r Kasy creameries Eggs Weak Eggs Is I's Weak receipts about 5 ICh cases caes fresh Ire current receipts lph 8 and nj eases Included d oai re reo firsts 19 firsts fiesta Z 25 Chet Steady Cheese IT ie e Steady daisies li twins twineS 16 fili ic 16 li 17 four young Americas long born horns borna 1116 6 i COFFEE AND SUGAR n. N ew c York Dee Dec Coffee Coff e futures future clo closed td dy ady and from 3 to S points net not higher SAP Sales t O bags baRg December 1305 January 1319 I February 1323 1329 March 1361 1351 April 1362 M 1373 1372 June 1377 1317 1383 1313 August iz 13 J jf September October and November 1392 1393 r IIi f nn Itna sugar steady SO tr test t. t rt 36 96 6 test molasses W 89 test 3 oa Iao 20 COTTON COTTO T. T N f. f n York D Dec Dr-c. c. c 10 The The cotton market et I firm at II a net lIet of It poInts i 1 1239 3 12 February 12 1231 1 March I 1259 April 1226 May olar IUs Jun June 1252 July 1261 1223 her bel 11 1156 October 1150 J Spot closed steady middling uplands pas middling gnU gait 12 1220 ZOo 30 Sales bales balca STE TONNAGE REPORT New York D Dee c. c The Tho 10 unfilled tonna tonnage e o of time tile Unlit States State Steel corporation November 30 totals 7 toO ton tone an nn Increase of 01 2 ton toni r over October 51 31 rhia li is the l largest tonnage over ever reported on the book boobs of or tho corporation In and anul compares with unfilled rI orders rs of ot 4 m 5 tons on November 30 31 1911 Nn I New cw York n Dec Ie 10 TIto Tho Tho stoCkholders ot of t J American Shoe Shoo oS Koundry Com company a at U ft tb l annual meetIng In Jersey city today a a. a o. o b proved the recommendation of nt the directors that w the dividend on the tho preferred stock stork be vi to nn an S 8 per cent basis by tim tho payment o of a quarterly dividend on tint that stock ot of 2 per cent 3 next April 4 NE NEW YORK CHAIN 1 Jj Nc New v Y York rk D Dec c. c 10 St l Steady Flour Ilour Steady with K ft tI fair t tm trade de I Spot hent Spot stonily Xo No o. o 2 red ico elevator and l f t. t o o. o b. b U nominal I No 1 northern Duluth uluth 9 91 9 Hi i f. f o. o 1 b. b afloat Futures closed I U y ft 11 cent net higher her D December closed W 9 May fj 1 41 w fi 7 I EVAPORATE E FRUITS ft New w r.-w York Dec 10 Evaporated ted apples prunes pruno firm apricots quiet and amid steady ally pea peaches Inactive raisins firm 5 TRY FIX I is a. a Chicago Dee Dec 10 Poultry Poultry Irr tn y i i L aUTo aliro 15 16 dressed rel l 20 0 chickens alive 1 12 F al alive Ive 1 12 I New York lark Doc Dee 10 Poultry Poultry dressed fIrm fresh tresh killed western chickens fowls I 1 U 4 turkeys 1 l t 4 FI AX MARKET Minneapolis D Dec c. c 10 Flax Flax closed at i. i |