| Show I FINANCIAL AND AND COMMERCIAL BANKERS LOOK FOR CREDIT CONTRACTION Gold Export Movement Has Taken So Fa FaThis Far This Year Yearl York ork Feb Pets S.- S. S. Th chan c In the tho money situation a as a re re- re in the batik statement overS over over- S ell d other othI lE o of or ti tho thoda da day In the financial dl district A loss of ot nearly nearl cash was si i 1 n H In the actual table an and a decrease o of IF In excess cash reserve C Preliminary Pre p estimates ba based d on I known no n movements of or currency J suggested lIge a at t small JO loss R of or perhaps 2000 A I poor statement hn had leen en expected I largely on account of or tIme the continued I drain oC of gold Bold old h exports to Prance France Argentina hut but the unexpectedly heavy sh Cl loss los Indicated that sonic T other influence w was wat as at work HanI Bankers ell explained tl this condition with the tho statement state state- t ment that th there ro was vas a renewed pd 1 tieL tie de- L m mum for Cor or funds t from the Interior particularly particularly par Pl the time southwest t. t I Call money rates remain on It the thc ea easy y t basis of the last lat few weeks Although time utile money monc quotations l have ha hanot not notI I chanced eel substantially there Is an appreciably apI ap ap- ap I firmer torso tone ant and funds are areno no longer pressed on the r m market ll Hankers Bankers Hank Bank ers said t today n that In III view of the yr 11 ewel dema demand mid from the Interior aim and S t the financial situation abroad the outlook outlook outlook out out- look was WR for or 11 a contraction of or credit 1 1 It I The export movement mo has lias taken 23 3 r this year r. with th time the pO possibility Il d of ol a r strain drain Foreign exchange e rates continue firm hm Icing being in IH slightly hl higher her loel today Y while the showed I I increased force I The stork stock market 1 trading was virtually vir vir- S without feature Amalgamated Copper which IO rose ros a point wa was the only nub one olle of oC 1 the speculative 4 favorites orile f to snot move snore more than fractionally above abo or below helow yc yesterdays yesterday's close o Trading l Ml li off to time the lo f lowest t P point tnt of time the year al l anti ami the lie general movement mO was Insl insignificant I c The was vas firm throughout I tIme session l anti and such hall changes e. e as oc occurred oc- oc 9 were III mostly OJ U upward Some of ot 1 tine tie Ip less 1 Issues 1 moved NI I widely than th the tho leaders p rt Canadian Pacific Pa Pa- gained d 2 P points antI and rubber was wasI I advanced a point to above c GS 68 a n new high record Bonds won won- I. I irregular Total sal saleeS salee 1 p par pr r a alue hIE 11 S Panama 3 rR and United States s 4 coupon al ad advanced Cf rJ i on call on the week 4 OK OI iiii l- l r l li S. S Th rie II Uon of r th lh Ih ii l Statin at the of nf I hii hio is t today tI Uv T i 11 T o laUn 4 p i In hAnk hant tn 24 ZIto Tot 1 J t or f r gersi I us j HIM yV ii r Jy 2 to S I bur Surplus to In lils Ihl fl isral rl j jeer nr tills Ihl time limes ln III JaI l I year r 2167 9 Tb lb IllI fI II H for or dc 11 p emil It dr nc- nc tInn yeW Now W York I 1111 S. lh Th inn were pr J 1111 lt ani in In is per r lytie 1 2 15 Iron lI n. n CUI CHI 1 ISI loG a ew tl York ork rt S. S Huller S. steady Ady 63 tr 4 t lI steady Receipts lh TO ii l loses oi r JI 1 S hOldS boirs 11 Eg-c Eg 11 nf lIc l CA cases II tho i er firsts nII 14 HJ firsts h I Oti h eh flutter S. S r l Cn S SI 2 I r ini Jul I i it nl murk mark r 1 u t fn s-j s JE n t 17 li I first J. J II S Nc-n- Nc York 1 S. S Moncy i-Moncy Money on Oil rail is n Dot IHA loans loan nil lo loan Josna n lr lr lItT oil lays 4 t r tnt nt 4 ninety A 4 4 1 r t rout cent si lx month l t per lr r n nt t. t 1 i ni T 4 ta tf S 3 r nt ut 1 firm Irn alit 1 actual c t in lit linker Mils at al to for or ilar hills hm ant antI I at al 1 S I SO Sf I fo for tor 2 nl lie bIlls I S It sliver G I n 1 S i. i j inT easier ho bonds nt irI Ir Ir- tt r. r I OrToN orTH X n It Ii 11 Nw New 1 York l- l fh eh h. h S. S t. ro 1 l firm at a aE E act t t mince ads o of 6 i r- r sinta n Cloe hM K J hm h- h I m mary ry 1 2 it H March 1 6 April pr 1 1250 3 May Mar r. r IZai June Jun 12 lZ M 20 July 12 OS- OS f pl mh r. r 11 i 7 October 11 65 3 D mfr r 11 Co- Co January 1165 Sp rot t closed d quiet gimlet upland 1 93 15 gulf Julf t I tS y O Sale I iy 1 blanc bUe H. H I J. J I c. c Copper l American f rl 2 ID Beet tugar r l 1 st Am American t Caum n I m CO 40 4 CI 1 I 2 J Car tc r Irr 0 or zi 4 I t i S se America elton otton Oil Zit 31 01 u I Ire r. r 10 leo 2 z-r z 22 r rm m Linseed 10 L ej 00 DIJ 1 Sl 39 tl Smelt i k Reg 73 3 73 i 7 73 j J I 4 j j rl id I. I Tel American f ti SI Mining Co 10 17 sn JO 1 J tM I o. o 10 Atlantic Cut Ie c Ohio 16 II Steel G fil r. r 37 rol n TransIt lt 41 40 91 M 9 9 9 Pacific al 00 29 9 k Ohio Is 11 is 7 i ii hio o rest t G Chicago ngo k St SI 4 Chicago t 1 IG mic l k Iron I I 29 2 31 s n us nu 1 37 Corn la 0 33 13 Iii 11 15 I Delaware k hudson 11 Iii I tc fc Rio Grands 2 I rr Pr a 3 Securities 19 rl I-rl Il 31 11 all It ir t pr et 41 C 1 nl ol q Electric Great lift MO 1 19 4 ass 12 ore 01 5 1 Central lct v U HI IS IS G. G g Ir IC n Ill MarIne 1114 I p r l 1 lunIl 1 I. I HI KAII ans Ily Southern 1 t-OJ t 6 26 C CU na Use Yeller t 40 f 4 I k tt f. f 1 t 1 S. S n. n 1 OID lm 6 I 9 13 fI J Nasi N 0 21 27 i 11 url 0 m 1 IU 1 0 I 2 XIII Nail lCy HI or I. 3 1 tl 1 21 xI York o e Central J. J f 11 H ICS IC'S lOi 10 t sc-t- I York V.-I V. I I i. i Ir r. r OI j j t o Mail Ii lri 10 RO 10 10 c GI Ga Il l lI I PS I 4 1 St St. t. t Liuia Coal Cal 23 3 Ir cI 1 Steel Car t t 4 32 Palace Car Jr I I Hp Iron Steel 3 0 2 2714 27 i 1 I 11 i 7 il Island O. O r 24 Si 22 1 11 lee 11 41 4 43 43 41 St St. I. I L. L 1 I 21 1 il Air Ir I 19 l' l vs Pm 1 47 S. S S. S S. S k Ir 4 ICH 4 rit Railway 7 Ir j i o 0 3 13 25 5 UI TuII 11 Ol 20 I t tIr I Colon Ul 11 U Hr Realty 72 States 1 12 Smite CI 64 64 rrt i 0 jOSS 11 J. J Copper d. d J tO 4 4 i t f ft t i s I i 6 3 36 55 i h 1 I. I 3 4 R Maryland 1 M H a- a 44 V teri t 00 I 1 72 12 I I 1 30 0 73 I 73 3 I iZ 71 t Lake Iatt l 1 i 7 Total 01 for or th the al U. U O SW II 0 suite GIU I X AM I S. S Kelt t S. S S. tb t l J r rr Turk was WIK about to In lie h. taken br hr der n. n nI II n II s m ile lle today is to tu use the III In l. l In I th the th cI 1 Nl J. J i tent NOt net ncr higher r and 1 rn ml causer I her l. l left corn VIrn 14 vent rot do ShOTS l last bet t till oaH a 1 gain aln of f f 4 r eert rt arid and ud lon to In j j advance adrance I. I ry shIpments of oC at t from i mIl mail Il Ilie market l here ber ere went T IR at the outset bear bellr trailer prier prices It was ra not Dot until late Isle in the session that the lbs pit lt d ered Meg Iny contract In particular ha bati l been he T- T oT r oil At t Iltis Juncture re reports report rh 1 current that additional British h war Te u ls had hili lice sil coler-sil tn to wat r and that hat Ocr Cpr ninny AI l r was tra to lisa force Tb Th re rt Ii In quick 1111 ord order r liD an n active troD nisi market tint list abort i seller In II a tl tight bt place Pac th the III r l of if The day prices prien ea fI cased ed fd a 8 trifle li at al tim the clo cloe cioc Cons Com rallied milled 1 1011 on account nf oC hosing credited to In r Interest crop crol r is- is front from rom w were vera rl early earmy to tol l a decided Oats Onti ailT uce l to 10 the bl point pre pre- I out emit upturn reason wa was that the pit sit and and- nl became br Lu lJ of offering by hI holders come to an abrupt lI bait halt There was n only a 8 narrow for p stena Ion on AH All upturn m met mt t selling l ra orti-ra r that lip ap p. p c Am ra from frum sources IO other r then than packers packer n as H is rule Leading stores futures ranged d a a follow II T- T I Open I j I Low j t Close Cloie Mav lra 3 C 94 92 Z 2 2 Jul July I t IU 22 i i 1 9 1 4 So sou m. m 90 COH I Open Oen I lush I Low 1 I Clo Close e. e Iy ai tM 3 Jill IM lt jt M ni lI 4 5 I Sd Ii t. t 3 t fc 6 cr 6 I 5 ATS- ATS I Open I I Ix Low Loll w. w I Close Cloie 1 Zu 91 HZ 5 4 Jill July r 2 sept pl 34 lt i I Open I I Ix low w. w I IMay May iO 1976 it 11 II July 1567 L LAHD- LAHD I Op Open n. n I III b. b I Ion Lorr I Cloo Cloce 11 1067 Jul 1060 WW 10 i 1060 1 1062 10 1061 SHORT mH masI mas- mas I Open I High I 1011 I ClOSe CIt May lII 1011 1060 1050 1 O. I July 1052 6 10 T S ICil I- I 8 Sept Sept pl 1 I 4 Ci fb h o were as lIS toll follows I Wheat S No 2 J red No So 3 1 r red 1 1 J M No 2 hard n 6 No Xo 2 I bard W 1 i 5 9 No o. o 1 I northern rn tl No N.- o. o 3 2 norl northern hun 9 r l No Xo o. o 3 northern 1 No o. o 2 prill S1 90 SI 91 t No so o. o 3 2 S No I t r. r S St 8 Telnet chaff SC suitor durum S. S Z Corn Corn CorD No r 3 iO il No So 3 white n M Wi ajl ol 1 No Xo o 3 yellow t Iq Wi ff-Wi No Sn 4 61 iC Mi No o. o 4 white No Xo 4 yellow Polio flat tate X No 2 whit while No Nm 3 whIle J if i No Suo 4 whIte whit S 31 5 4 6 t tl 3 O Clover ii cj lork Pork ill 1 ih nt I IsE I- I n 2 V sE W CHAIN I Now x ew Tork York fh S. S L J Flour Dull w f Ii bout change hAnl sprint I. winter winter DIr patents patent clear 4 45 winter extra tr No 1 1 CI U winter extra cur XII No 2 Ku Kansas ue ht 15 O o f.-o shIpment 11 Xi O O. O Wh PI tr No So 2 r rJ l. l lW JW elevator tor ant 4 f. f o. o it 11 afloat nominal No I 1 northern I 1 07 i f. f II n. h. h afloat aloU Future l were It low lower lor r early to weather er r irs arll ami on Of pr fr of or an increase e In Ih Ih visible supply hut r rail rallied 11 a n Ue week end n. n o elsa iu Iny IOl unchanged to 10 6 C cent lIt net higher r. r lay 3 y S tf tf I 1003 00 3 closed 1011 Ito 1 July 81 tj S clo closed clo d Wi I ulf cl clu 4 i. i d n Receipts Receipt t O I u l Ft b. b S. S Tb S.-Tb There There rt lia has b 1 hiatt n 11 rne ml Increase In iii sales It le sit ut apples the 1 last laI 1 t f fw IN w daj on nil of nf Ibe et I to III set et 11 c nor mor io lo- lo liy tJ 3 slid and harlo two tl days day ut of f lal apple das dav SA cities alf The 1111 weather cold colet II link Isas be Lef hefts ben n u om of or A II handicap flit T tim drum lIIn t ni-e ni ha has haa eh eked cut ked traits trade In irs the cheaper coi roods ds or lr clocks l tbt ne belor belDI unable to operate as u The rhe market 1 ii I. holding about hout II steady ad mo more e pH for tor lilt miles and large fruIt Ve ern hot box applet II prices quoted 1 are au for tor ial sales In II a small WIT way arz lots loin could not Dot he l moved ai As these figures figure lou DelicIous outside for lor a II f few extra Ilo fine Iff- Iff O 3 Jonathan l. l 00 Grimes Grime fancy n-In n up s J. J Itol l Li 13 ern in Rom Hom 1 lK nL O some fancy large larce cj 00 fa tamen m n i 1 ii J stub arUto black l. l 0 SO Sl-SO lI 1 W Wagners American sn r red COFFEE E AND D N w sw w York Feb s. J Coffet I op 00 nt J steady at An ao of or 4 to I p o 01 0 e COT 01 r- r o arid some m local lh Tb market iSS rr- rr S C 5 Point fir or tw h 11 Ih the trimming uD tinder tr r 1 to S-i. S D rig K Th fh close 1 Point et hl her Sales Iu cO 0 UIG 1316 3 JUo April 14 3 r r 3 July Jul 41 13 1345 5 cent em Un il-Un r m I. I r. r 1155 Jr Je c o 7 r iiI r. is y Januar-y 36 1226 I nt lul ulet tJ nt 0 t 13 AU i Santo i N No o. o 4 4 1 15 11 j i. i MIM 1 dull JoTt J OU 1 lS nominal saw S tIt test c lG 96 t test t. t tn 54 molasses sugar SI lest refined Iud cut loaf 1 crushed 6 W mould mouI A A cubes 41 POW pow- jred red 40 P Powdered 41 fine lS diamond A oll A 4 Xo No 1 1 C o. o 2 2 Xvi Sit s. s CM Nt 4 No Si UI o o. o 6 6 3 o. o i. i f Ji o. o. o 30 o 10 3 No 11 Il 36 No Xo 12 n. n 5 o. o J 1 20 Xo u 14 H. H V I SiC T I New fn- fn York YOk l Jh eh h. h S. S s. n statement ut I of the ac- ac Q l of oC cl c hou house r. r h hanks lIls 0 trust for ti the th r vc-k vc ck shows show's that hit they hold bold in excess s of legal logal requirements l i j dic of lC from Irom laU last ee week T I Tilt l statement follows f 1 CO CONDITION T Loin ans 19 26 0 O Specie I lJ r Pc-r-eie C St tenders tender oO JI Is I's NH N. I po Its Dc IO J. J n r Batik c ih h resort reserve In t ca cash h r reserve In Invault vault S c tc ah f-aih rc reserve urT erT lawful jT N serve ru-serve rt 9 p Tm t I companies companies' K r i er with wills clearIng clearing clear clear- ing home houle mrm members u carrying 25 s v per r cent nt cash ash JU OO Summary r Of r state Lan banks I. I and trust t companies In N New TV York lurk not Included In statement on S ii 6 Inc 1 u gg e Legal lender rr to 1 Tt Total II I lt Increase e I I Th 1 I r. r a U The flue heavy hray gold goll exports for Ih time the p I l week V Io iri were wre re r reflected il in th time statement If f th the N w ew Turk clearing luciae l banks n for fir or h She w reek f k 1 ending S. S The TIme loss In la rash cash by ty banks bank taking lIme he statement nt of ot actual condition at III n. n b l wan U 9 This ivas 31 In t C etc ss s of or tb the e The hip banks ar are still from the Interior these th pains nrc more than count counteracted It by byall byan an all movement nf or sold gold ohl the total exports export of which s' ar are now JI rapidly ro approaching th lbs 23 5 mark run runor Of or this thU half ba bu baa bern been shipped to South America iii ami Ib the demand from fron rout that source bids fair lAir to continue for fr me ma time The Till banks bank enlarged their loan JOin commitments on I slightly the time gain galu In that item for tor or the lbs week h been n dup deposits decreased 1 and sod the lime result emit of ot time till chances chule noted wat wa was wastI t tI tit decre decrease e s res br by O. O matIng the hI present alte the tile 25 per Ier cent crot mini mini- mum 2730 3 O. O The continued exports o of gold arid Rud reports front fron the west ut tint Is 15 In active demand are art likely to have some effect within th the nei next fen fen- days on the for funds K 10 STOCK ChU ac Tel l Cattle S 5 Cattle CoO 4 Stealy Beeves 90 Q Texas steers western west west- ern Sr-n rn steers 56 stocker and ADd r fo-di-r Ci fJ 7 iII i cows O and amid helfern SO calves 10 i. i Ht K 13 Strong Iroll II slit j tf J mixed 7 i heavy T 76 rou rough roush h. h pigs pig bulk of ot if si le j. j Sheep Strong Stron 4 55 3 s1 i 11 western yearlIngs 6 i lambs lamb nath 8 western rn t Kansas Kannan City Feb Felo S. S S. nrc Receipt lp 50 includIng southern Market steady Native steer steer-a. 51 southern leer i c w I arid heifer heifer-a native cows sot ami belfer lucifer's i toc-k toc II and till feeders feeder fIen 1 tithe bulls OO Ui calves O western I steers C SM western AIrn cows o. o Hogs 1010 0 10 IC cents cent Db higher Bolt ol of III salts ale 76 heasy IY 70 packers anti ani butter i 1 4 i SS light 77 pigs 75 Sheep I none Market Mutton Mut 3 lIt ton tons tone 5 Colorado lambs i 0 range nn anti yearlings 1 J range IesI ewes ewe Ies I. I 10 South Omaha Teb leh S. S Cattle S. Cattle Receipt 1 1 Market steady Native steer Iere teer 6 S cows cow w. w lUll aud heifers Cr steers ra S. T Texts steer O range ranee cows 5 and heifers heifer cal calves S 5 W 30 0 Il Market 1 V hIgher Heavy light hI f i. i piss pigs UI hulk of or sales ales 7 Sheep Receipt Market steady tta r. r Yearlings Yearling i I s 6 limb lambs 0 10 Tin KV Yew New I mrk I- I Feb eh h. h S. Evaporated d apples quiet and A easy TAST Prime I steady rl Aj oi rasy casy Choice lOU lO i extra choler choice l Cuo fanny r i l li Raisins i e ea easy r. r U I a n MARKET U. Duluth eh ch S. S S. 8 fd 1 l 3 6 May 3 1 13 bid hid July Wl i ft asked ld I I WOO tH l lun St St. t. t h X S Wool Steady W OI medium gratIs's uel and nel clothing 3 S 2336 S ll lI light bt fine heavy line fine tub limb wa washed hed C. C Chic Chicago go reb Feb S. S Poultry Alive Poultry Alive i te Tug TIlt keys by 1 13 15 chickens 16 1 springs 16 K J POTATO rl Ol IA 3 I. IHli l I I i |
