Show FINANCIAL AND COMMERCIAL MONEY TIGHTNESS FELT IN NE YORK Banks Call Loans to Replenish Reserves and Interest Rates Are Advanced By Badger Bros Bros' Private Wire New York Feb 10 TIne The Evening Post says tints this afternoon Of th the two developments of the day which have a bearing on financial conditions conditions con con- tine the disappointing bank statement state state- I ment of Saturday afternoon had more effect today than the Mexican eve revo lotion lution The market for Mexican for Mexican bonds was reported as much disturbed In Europe here however how they wore not dealt In iii at all It Is possible that the stock exchange was reassured by what seemed to other observers tine the most confusing fact In the situation situation- namely that President Taft Is likely to take no sudden action on the part of tile the United States so near to the ending of his own official term The rise in Wall Vall street call money rates to I per cent however was a amore alnore more lnore definite matter That rate Is not 1100 high If It judged by our recent autumn market but It is the highest rate since tim thi year end settlements were completed corn com plated In tine the first two business days In January and It Is 18 also higher than any February rate since 1907 The fine Therise rise reflects logically enough the the smallest bank surplus reserve the end of 1002 1902 and the tho smallest for that week sInce 1907 Since the almost Invariable Is for tine tho reserves to fall considerably further between time llio middle of arid and tine the middle of March so relatively low a surplus as 55 Saturdays Saturday's means either that outflow of gold must be checked or that local loan expansion must be he moderated A higher call money rate Is the natural means of effecting either result Some of the bank and trust companies com conn- which reported less than the tue required reserves last Saturday called loans rather heavily during the day This ruts action with the continued lo lois s of cash to the which since Friday footed up against on the same day week last led to the distinct hardening In both call cati calland and time money rates Tho advance In time loan rates carried the quotations for most maturities J t per cent above time the level of last week Although there was no very broad demand for time money the tho banks did not make large offerings and it was evident that the tho supply even at the higher rate was not at all excessive Another factor which had a great deal of ot Influence was the tho efforts of corporations to negotiate new short time loans banns com of 01 these were put putout putout out for time the purpose of taking up lIP maturing maturing ma ma- turing obligations sari and offered to tile the banks direct The of this in is likely to be large larg owing to tine tho Inability of various various' borrowers to sell ell long term terni bonds at favorable There was a slightly weaker tone to tine the foreign exchange market caused by the higher rates prevailing for call and time money money- No n nw w gold gem en ts were v at attempted te in i t for Buenos Ayres or Paris Business In stocks was very Inactive and prices as was as natural went what lower Alt things considered however the decline was small and net changes generally unimportant Union and Southern Pacific stocks were both weak weak weak-a a simultaneous movement disconcerting to Wall street operators who ate arc anxious to guess which company corn com pany is getting the better of the pending pend pend- big ing bargain Tine The steel corporations corporation's report of unfilled un on- filled orders on tIne the books at tine the close cloe of January showed decrease for the month of tons This is ns tine the first decrease of any month since last March but It leaves heaves the total nearly 50 per percent cent above this present date In mi 1512 1912 and 15 per cent beyond 1911 STOCK hl I I I Copper rIi-I rIi mn I 37 Can 42 I 15 41 Car loundry a. a s Cotton 1 50 lee ji 39 American Smelt S 73 2 lOSi Ut 1116 American Tel JISI Anaconda Miming 37 1 Const Steel 90 I to CAnadian Pacific Central 9 Chicago nee 16 Itil C nt T iCO 1136 Ge 13 Curn 13 11 hlin I irl 31 0 43 4 4 Great ore Illinois X III Metropolitan 16 03 International 1114 Marine pC International 12 12 1 14 ii City 26 25 ins li-I li 37 Minn St St. P. P S. S S. S 10 nil k 7 37 11 National Il 51 52 Nuth fly nf 2 York lOll Yen k West 21 31 5 North 50 80 1191 29 1 11 1131 1 1 C St St. louI I 3 I i-es i ml Steel Car t s Palace OO iron J 2511 Cc I St St. lj c Fran Id 10 27 27 Air 0 19 Steel ron 46 4 1103 2 27 Sot 31 SI feast k Union 53 si United CS I 67 I 64 Oil CO 1 05 Cipper Chemical I rr Western Maryland 14 I We Electric 7 72 Wh elint fc I males for bc the Ne Ne York irk Ieli 10 roU n V cry IT smut trout U 12 1 ti H 14 tint net r. unpins li 1 1260 STarr March 13 9 April 1244 May 1241 Jane 1235 1233 I iiO r. r r J middling 13 O BUlf Sales lOO Laica 1 t GRAIN AND Teh Peb 10 Wheat prices tool a It turn today owIng In to rate ralo reports from romu ladU todia and became of mild weather and oi l In tl United belt The the Interior crop wax ci y it at I to U i i not net teellar Corn Cora ora od 4 to off ft oats to lower lowern n l dearer liy tv lo to i. i at ata Wheat nave WO woy a few f. a time thi One renson t for r tt wai tn that lImo from India I saimi 1 tb the rainfall fairly B. B general hami be been n light In there activity oi th the part oi of WAS fear of oC A turn ri-turn of However tilO martot mar mar- tho In his coarse fl grub tot could co nl nt n the dICeS l or of selling humo to the excellent In wo we also alae sown Con amen to a of ot the number of cargoes n ocean o of ties ln 1 In tb the total broo t Jt abo-Jt relative If r At tt O 1101 time time the durIng la last t part of lack back to Ja t wee Seining s sC lil dil lbs market C eining receipt the enen The trade Ignored higher cables and aad p- p pW paid W no U heel I to Argentina of f tin the On the other hand oats oan nio t than lia I c shon-ed shon ed more activity and the Iho cn e In him nn lenS Ions hill n Seller i of July corn o osta ts freely a fact that led lea to much b the mantle rt-kC rt rn mn account of large exports In sequence consequence of higher Dirtier Pf pried for t yard dealers were ll linely cly to grab offering the market experienced a temporary dip minces futures ranged as follows W Fin AT Open I High I IM Cloe M Its y 34 July 9 l O 00 COHN 1 Op I High I IMay Low May JUly September 35 51 i OATS 5 I Open High I T Low w. w Cloe May 25 July 33 iSSi 35 September 15 25 25 35 I n. 1 I Iw Close v 1 70 j 1905 I 1365 I July Jimmy 1965 1900 I I s I I Cise Mar 5 1033 1 1055 1073 1000 1075 SHOUT RIDS RIBS S I Op Open n. n I I Low I CIoe May 1050 1030 I 1062 July Jill 1047 i 1062 1047 I 10 1012 I 1070 Costi quotations nere n s follows n. 2 red reil Nn No 3 2 reil rc-l lO No o. 2 bird bard No 3 bird ban l N N. 1 northern o o. o 2 I northern 91 No NC 3 I northern No 2 No 3 s prInc K No I spring chaff Corn No 2 i yellow 51 No 3 r fitt No 3 a while No o 5 S 1 No o 4 o. 4 f Vj No cc 4 whIte N No I jcl jcl- low 16 Oats No 3 S white i No 3 whit v U 2 No o. 4 white So MV live No 5 2 6 64 Barley 70 Clover i C 2 2000 Pork k Ich 0 V SK v o ri ic E u A i N w Tom Iel TeI Klo jr Sl t ly s Wheat Spot No O. O 2 1 Mi e Titor soil n l LID f. f o. o li 1 afloat No 1 n- n northern f. f ii b. b afloat Futures easier Inc or-Inc to lower cables more favorable D lews WN anI In ab ence of export demand elo closing 15 i lower to 1 Hi lil r. r S 59 16 13 j rU nl lCt 11 JoLT eted Ml 9 5 Septem September her ber clo cled M 35 i. i Bonded wheat May May cio eil 37 37 July Ill LV New Neu York eb Tho Tho supply of rin In Stales SUte S as complied compiled by to- toie bo ie New York produce was Wi as OS tel fol- lows Wheat Increased ed Wheat In l X Corn XI 1 Oats Increased 1222 WO Oils Oats Jn in bend 00 decreased 31 Barl T 27 O Barley la In bond 2000 Increased New er- er Tork Feb JO Stealy Copper Steady spot pot and UCO 1150 html bid March Mai-ch April sod and May hay II 30 1300 c laVe lake ca casting 1350 1550 Arrival 1 1541 5 tons this thia month 6 Ions lona CW caty allot P t 67 32 future 65 60 32 Tin Tin QuIet Quiet pot and February 5 Iran oh April firm spot KM m lO-m future 22 2 10 lOs I ad 3 I 16 15 15 Spelter West C. C 4 6 50 London 2 25 Its Kii Emt r v Ant k x t 1 h 1 fi 1 fOIl ron l S- S V No O. O 1 j NI Nm 1 southern soft Cleveland war war- in Londo M. M OF OS' TIlE THE W. W Feb The condition ot the United Sat s ry at tine beginning or of b ne today WAS balance t rS In to aol and Total of general Saturday Surplus this year J Deficit at this la hIet t year l The es for receipts receipt l an-l O ev elude canal and public debt transactions V MJ JI JIow ow e Tork Feb leb 10 Money Money on will call firmer 1 3 bid offered per cent rate 5 at atI I er cent Tione stronger etc si-etc days 1114 per cent ninety 41 s l months tt- tt Prime irinne mercantile piper paper 4 fo per cent t i weak with actual In ii baaken lulls bill billt at t for dar und nod at or CO for demand Commercial bills Jar Government nod bonds r- r APPLE MARKET Chicago Feb Keb 10 were quoted is on TL opened witti a V- V mand met last week trail trade wa Was very fly n a little special worl consumer were hown n thAt were and arl prices price reasonable reasonable- and aDd quite i tl little gail caln In scales sales was Th Time westher his has moderated n o that peddler cm cm set ret out nut We torn l x apples Prices apples quoted are for sales in 1 a small WHY way lots could not ut bo Imn at the tInee e figure for a few e entra fine large larse 1 to a a. hundred Jonathan olden outside fancy n l. l a 1 0 1007 Home 12 ome tane fancy law 1 Stamen risi Balack CO St. St Louis 10 W I Steady medium grodes Cf combing and CC lIght fine beay fine fiut ib washed CHEESE AND MD EGGS III ill Feb Butter Ch kago Feb 10 Steady Butter Steady creamer 31 receipts ca cases s. s at ni nicase nur ca case e refrigerator fits firsts 17 firsts New York Feb receipt tul tubs creamery extras 27 S process tr it- Imitation creamery fr 4 factory June maim t lo Tui June make 3 1 stock g make o o. o 2 No 17 13 receipt r lISt boxe q whole milk white sp el ls au whole milk winter specials specials- ski Kp Esrey B steady receipts fr extras extrac 2723 refrIgerator fir 53 21 mean by hennery y whites ne-mv ne laid gathered d. whites 23 23 AN New cw York id i'd 10 r nt ot a 8 decline of l l 13 tion A. A little hub l. from tr de j jil sot coined tie tho tint noly s mill with time the c f at n a metS net met il I fi S to It 14 ale ii l Mardi March 1310 April 1317 ami ite 12 July 1221 August 1333 1332 Ot her yore timber 1313 1319 I cm cr 13 ij January 1316 Spot quiet Itlo No o. o 7 13 i Santos o Mild dull Cordova Cordora 15 nominal Sugar Singer Raw Itaw sly err tr- tr dy imi coralo 33 5 tr st. it-st. t. t t 95 96 test ci 43 13 tr Refined quiet ITS New York York- Teh 10 s qi fancy 7 SU St fancy choice C 5 oem ones LI-ones easy up to s i 3 S' S Os 7 Apricots Apricot choke c. c tr fancy Peaches quiet G 56 t extra etra ciol fancy Raisins dull loose muscat 41 to fancy y edeh 3 I layers layer 1 I iS Li YE 51 10 ll ittle i inv i ket Beeves itS fl- fl To e a.- a. teer 4 33 western n tM vit viter ani 1 er or Cow ant ami 4 cal ass I ml oil ii 7 0 il 0 01 1 80 V V. V r i p Rei i market l II wr rn lamb halide nall c western 3 azo Vet Feb 10 m Poultry Alive keys 15 13 thIcket thickens 16 16 5 Id I'd- b. 10 ree ear ear- au 4 CO ito ti sloe nine |