| Show UTAH COPPER WENT UP SEVERAL PONTS POINTS Leading Feature of the Mar Market Market Market ket Until the Standard Oil Oi Decision THEN PRICES WENT DOWN SUCH RESULT ENTIRELY UNEXPECTED UNEXPECTED UNEXPECTED IN WALL STREET Now ow York Nov o 0 OThe The decision of ot the States court at St Paul against the Standard OH 01 company of New Jer Jersey Jerse sey se declaring that corporation illegal megal and ordering Its It ts dissolution was the one great get feature pf pt stock market markeL The news was evidently unexpected and hud had the effect Of O turning a n very ver active and strong market Into one of at extreme weak weakness weakness ness nes The Importance of ot the decision and andUs andIs Us Its Is possibilities were freely treely acknowledged by officials of the corpora corporation corpor corporation tion ton concerned who hastened to add how however however however ever that the case would be promptly prompt taken to the court curt of last lat resort In ac accordance accordance accordance with an agreement entered into some time ago between the government and defendants Before the decision there had been ben a are re resumption resumption of the recent reent activity in various specialties including the copper shares one of ot which Utah Copper almost re repeated re repeated pt Its is performance of ot a week ago with an advance of over 5 points point There were spectacular moves In other stocks stok of the same group grup but the usual speculative issues Is mes were inclined to Irregularity With AVIth the first frt word of the decision there ensued a general generl selling movement which at times bordered on demoralization tion ton Not only were all al the early gains galm wiped out but net losses Josses for the day ranged from 1 to 3 or more points point There was some indication of a rally raly In the final trading but this was ws offset by fur further further ther tier liquidation and the closing was weak The bank statement showed some ex extraordinary extraordinary extraordinary differences in actual and average conditions In the latter later loans lons decreased by b over while In the actual condition loans were increased by almost OO There were corresponding Increases and decreases in the reserves but hut on the whole the bank position for forthe forthe forthe the week may be said to have hae strength ned enod t More Mora gold for shipment to South Amer Ka Iia was announced announce making exports export to that country for the te week over Gossip Included Include rumors rumor of serious fric friction friction friction tion among the tM leading interests In the Rock flock systems but these were quarters quarter emphatically denied denie In authoritative Bonds were steady stead Total sales par value alue UiO Tim ThA United Unite States is 45 registered declined 14 4 per p nt for the week Stock Quotations Sales s le High Low Lw Close I Als Allis Chalmer Chalmers prefer preferred 15 1500 56 5 56 6 Ama Amal Cop 9 0 93 93 Am Agri 0 49 49 4 41 41 Am fleet Sugar 1 48 46 46 4 Am Can pta 25 2660 S S S 83 84 Am C 1 F 1 1900 7 74 44 Am Ani Am Coton Cotton Hide 01 Oil 18 1800 0 Leeth pfd 3 fi 47 4 Am le ice Ses Sees O S 8 Am Linse Linseed 11 1 15 Am Locomotive 00 1 61 Am S B R 10 Preferred r IV lI Am Am Sugar Ref 9 1 E 1 Am Am T T 50 It 1 Hati Am TaD Tab pfd 19 11 10 Am Woolen 34 Ana Mm ln Co MI 5 5 5 Achison Atchison MOO 1 jt 1 Preferred 10 It 14 Atlantic Coast CoastLine CoastLine Line 00 1 15 3 13 Bait Ball Preferred Ohio 20 2000 l 16 1 91 11 Beth Stel Steel 0 0 bI 1 35 3 35 Brooklyn R H T 0 78 71 78 jS Can an Pacific lO 1 Cent Leth Leath 69 41 41 47 47 P 10 1 IlS Cent at N J 31 I Ches Ohio 30 SSi m 37 S 88 hI Alon 1 oo 6 si 67 6 Chi hi G W V 3 20 2 1 e C N W V 1 3 C 0 M is St SL P 1400 15 Ii 15 C C C T 77 Colo F I 1 7 M 5 fo U 51 Cob Colo 0 57 5 56 1 5 56 1st d 10 86 S 50 m SO Zd preferred S SO Consol Gas 2 1 16 Cor Corn ProduCts 2 3 lie Hudson 18 18 D R H G IA 48 47 47 10 I S Distillers Se Sees 00 7 V 11 3 36 Erie 9 3 3 33 3 1st 3 00 8 49 48 d preferred W 1410 40 4 40 a Gen Electric 1 0 16 18 1 Gt North pfd 2 13 1 14 12 Gt North North or ore 1100 81 Si 81 81 80 Illinois Cent CeaL 1 18 17 Hi Jut Met MeL D 23 23 56 56 5 5 5 56 mt Har Harv 10 1000 11 10 lot Int Marne Marine pfd 8 5 6 24 2444 mt Int Paper 10 ln 16 11 16 1 ml Int Pump 1 1200 5 5 5 5 Iowa Iowa Central 28 28 3 i 2 I K Preferred C Southern 3 4 41 41 7 Louis Nash ash 10 1 15 Ii M I St St L L N a 5 53 11 31 St SL P S Ste M 1 13 Mo 10 Pacific 1100 7 73 7 71 7 70 11 M K K T I 39 4 48 Preferred 10 74 n 7 NatI D Biscuit ui l 1700 17 14 15 National Ld Lead 10 91 s 89 8 NaiL Rs flys of 11 Id Is 1st t preferred N N Y Central 2000 0 11 U 11 13 N Y O 0 W 8 48 47 41 Norfolk W V west 4 9 91 1644 9 North American 79 Norther Northern PacIfic 1 14 Pacific Mal Mail 19 1900 41 41 43 4 Pennsylvania 89 11 1 1 11 Peoples Gas 6 15 11 11 P C C 9 95 Presse Pressed If 54 5 64 6 Pull Pull Pal Car ny fly Stel Steel Spring Sprin lY M 51 Reading 1 1 lr 11 18 Republic Steel 2400 4 48 48 41 47 4 47 Preferred W 00 10 1064 Rock Island Co 40 40 31 Preferred 19 7 79 7 79 7 79 g t T r A 0 P 1 pr preferred o ed 56 56 51 St L L S W 1700 11 33 3 33 3 Preferred 5 7 71 72 1 72 Sloss Sheffield Steel Iron 10 8 S 89 8 Southern Souther Pac Pacific 18 1800 13 l I Southern Souther Ry fly R 40 r 3 3 31 3 31 Preferred 0 76 70 70 O Tenn Cop 15 49 40 O 41 Texas Texa F FT Pacific 1 10 37 3 35 36 T St L W 70 7 54 5 54 54 Preferred 6 69 Pacific lc 69 20 2 2044 I Preferred 1100 10 10 V 1 Y S Realty Heal 8 87 I V r S Rubber 11 1700 5 64 rY 53 r S Steel Sj S 80 89 10 1000 1 1 1 Copper 46 io 6 CV G G 64 Chemical 9 00 59 53 5 49 49 43 Wabash 2000 20 20 20 i 30 20 20 I Preferred 6 53 f 5 52 52 West Md 31 West WesL Electric 80 85 8 25 5 Western ester Union 0 80 79 79 71 AV V L L E EWis S 8 81 Wis Cent Cen t 50 5 Total sales for the day da 60 shares The Bank Statement New York Nov ov 20 The statement of o clearing cering house bouse banks for the week shows hos that the banks hold more than the requirements of the 23 25 2 per cent re reserve r reserve serve rule This Is an increase of 2839 28 5 In the proportionate cash cah reserve resele as compared with last week ek The statement follows Loans decrease Deposits Deposit decrease decrease 9 Circulation decrease Legal tenders tender decrease 18 J r Specie 2020 decrease 85 Reserve decrease I Reserve required decrease 6 Surplus 67 increase 2839 no Ex Ex United Unite States deposits 1029 in increase Increase crease crese The percentage of actual cash of ot the clearing house banks today toda was 2587 2557 The statement of banks and trust com corn companies companies of Greater New York not reporting to the clearing house shows that those in institutions have aggregate deposits deposit of at 1 total cash on hand hane and loans amounting to The Financier will wi say sy syThe The statement of ot the th associated banks of the city of New York for the week weekending weekending weekending ending November 20 2 showed unimportant changes compared compare with wih the previous weeks exhibit that Is taking the report of actual conditions as a a basis The average statement stat ment which reflected operations already Included in the actual statement of ot November 13 showed very er heavy hevy changes In leading Items loans having decreased 2169 and deposits deposit 2039 while the loss In cash was re reported reported reported ported at a little over 40 In the statement of actual conditions however which Is considered to show the rear real standing of at the banks bank at the te end of the week loans expanded 1 the cash decrease was 1699 or a little more than half the sum earlier earler estimates had Indicated Deposits fell fel 2433 and tha th reserve rele decreased making the present surplus The statement of the state banks and trust In Greater New ew York not reporting to the clearing house showed an increase of 1172 in loans a decrease of a little more than one and millions In cash and a decrease of 1158 In not net deposits deposit Treasury Statement Washington Nov ov 20 Tha condition of ot the treasury at the beginning of ot busi business business ness nes today was as follows Trust funds Gold coin coin Silver dollars dolar Silver Siver dollars of 1890 Silver Siver certificates outstanding General fund Standard silver dollars in gen general general general eral fund Current liabilities Working balance In treasury of offices flees In banks to credit of treasurer of the U S A Subsidiary silver coin coli Minor lInor coin 1 Total balance in general fund 7 Money Silver Siver Etc New ew York Nov 20 Money loney on call cl nominal nominal A Time loans easier for sixty days das 5 per cent for ninety days 4 per cent for six months 4 H per cent Prime mercantile paper paper 56 l per cent cent Sterling exchange firm with actual business In bankers bills bis at for bills bis and at for demand Commercial bills bis 48 Bar silver 50 50 P Mexican dollars 43 Government bonds easy Railroad bonds bonds steady Metal Markets Mark ts New ew York Nov O 20 The metal mar markets mar markets markets the ab were nominal as usual In al mace of cables and exchanges Tin was quoted at Local dealers quote lake copper at 1350 1375 electrolytic and cast casting castIng casting ing at 1312 13 1337 Lead Led was unchanged at tm and spelter at Iron Irn was unchanged d GRAIN AND PROVISIONS Chicago Nov 20 Predictions of ot a heavy hevy worlds movement of wheat for the week were partly part responsible for moderate moderate ate weakness in the wheat market here today toda Prices at the close were a shade to below the final quotations of the previous previous previous ous session Liquidation in the Decem December Dem Dember December ber delivery delver was the feature of trading and sentiment was bearish throughout throughout During the day nearby deliveries sold be between be between tween and Corn was weak owing to continued clear weather wether throughout the corn belt bel The clo was weak with wih prices to toY 4 lower inactivity Y characterized trading In oats and the market was heavy nearly all al day owing to the the weakness of other grains grains Final quotations were a shade to lower Provisions closed close 2 to 10 cents higher The leading futures ranged as follows WHEAT I Open t i High I Lw Low t I Close Close Dec 1108 08 1108 OY May IIO 10 1103 lO 10 1105 10 Jul July 9 9 61 96 90 CORN CORNI I Open I High I Lw Low I Close Close Dec 5 I 59 59 May 6 1591 6 JUly O 60 tOOTh 8 OATS OATS I Open I High High I Lw Low I Close Close Dee Dec 31 39 May Ia W 41 4 41 13 U July Juh I 39 3 MESS PORI per bbl I Open I High I Lw Low I Close Close Jan 2070 70 29 2090 2070 I May 18 1985 1995 1982 1990 LARD pr per 10 Ib IbI lbs I I Open I High High I Lw Low I Close Close Jan Nov aon 1150 1200 z 1190 1325 1192 n Y Ma May 1131 1137 1147 1137 1142 SHORT RIBS per 10 lbs Ins InsI I t Open I J High I Low L I IJan CI CIJan Jan 1060 1061 1069 1060 1062 May 1106 1035 1045 1106 1035 Cash Cah quotations were as follows Flour Firm winter patents straights straight 4 64 spring straights 40 7 bakers baker 30 o Rye Ry No 2 To 75 r Barley Feed or mixing fair to choice malting 6 Flax Seed Sed ol 1 southwestern southwester 16 No 1 northwestern ln Timothy Seed Clover Mess Ies Pork Per bbl bbl 2400 10 Ibs lbs 1335 Short Shor loose loos Sides Short clear cler boxed Grain Statistics Total clearances of ot wheat and flour Cour were equal to bushels Primary Primar re receipts r were bushels compared with wih 1180 bushels the corresponding day a ayer year yer ago Estate Estimated receipts for tor Mon Ron Monday Monday Ronday day Wheat Wheat 16 cars corn cor cars car hogs 30 head I New York Grain Graine New e York Nov 20 Flour Receipts 25 5 barrels exports barrels Dull Dul Minnesota patents 5 Minnesota bakers baker winter patents 43 winter straights 5 5 winter ex extras extras extras tras winter low grades gradeS 42 40 Kansas straights straight straights Wheat Thc Receipts 90 Spot easy No 2 red 12 nominal domestic elevator No 2 red 12 f o b afloat No 1 north northern ern em Duluth nominal f t o b afloat No o 2 hard winter nominal f t o b afloat Options There was a lower wheat market under moderate selling seng of De December December December cember and on lower cables large worlds exports and ald favorable crop news from Argentina The close was 1 cent net I lower for December and Uc c lower for the theother theother other positions December closed at May closed at and July at 1064 Wool Market St Louis Luis Nov 20 Unchanged Medium grades combing and clothing 21 29 9 light fine 2 heavy hea 1422 H tub washed 2 Evaporated Fruits Nw York Nov Evaporated 0 apples quiet Jw with wih small demand for delivery delver and prices are nominal spot market barely steady stead fancy new nw crop quoted at 11 choice 1908 crop at 9 94 1 prime 8 common to fair 68 61 Prunes firm with a good Jobbing de do demand demand domand mand quotations range rang from 2 71 for California up to 45 and 69 for Ore gons gns firm choice extra choice ll ni fancy Peaches strong with a good demand choice firt first 37 extra exta choice 77 fancy 7 WS 77 Raisins firm fairly active demand muscatels quoted at 45 choice to fancy seeded ede 51 seedless 35 3 London layers lae L 2 Y LIVESTOCK MARKET South Omaha Omaha Nov 20 Cattle Receipts 3 market unchanged Native steers T cows and heifers 32 2 west western ern era steers cows and heifers heifer 2 15 canners Z 32 stockers stocker and feeders calves bulls buls stags etc Hogs Receipts 48 market steady teady to strong Heavy leavy SO mixed t 79 light 7 pigs pig bulk buik bUlkot of ot sales Sheep Receipts 5 market steady Yearlings ewes lambs Iambs Chicago Nov 20 Receipts estimated at 3 market steady stead Beeves 4 2 Texas Texa steers steer 3 western wester steers 5 stockers and feeders feeder cows and heifers 21 calves 62 Hogs Receipts estimated at mar ket steady Light mixed 70 s heavy rough Rood good goo to choice heavy pigs 62 bulk of sales 7 Sheep Receipts estimated at 2000 20 mar mar ket steady Native western wester yearlings 52 65 lambs native 30 4 75 western 50 Coffee and Sugar New ew York Nov futures tutu res closed steady at a net decline of ot points point Sales were reported of bags including December at 65 January Januar 64 March Marh 66 May July Ju and Sep 68 Spot quiet Rio Ro No 7 8 86 8 Santos No 4 88 S Si Mild MUd quiet Cordova 91 Sugar Raw steady fair refining centrifugal 96 test 44 molasses sugar 36 Refined is ts steady No 6 6 47 No NoA 7 tiO No 8 45 No 9 46 No 10 45 No 1 11 4 No 12 45 No 13 40 No H 14 confectioners A 50 mould A 50 cut loaf 6 crushed pow dered 53 granulated 52 cubes 55 Butter Dutter Buter Cheese and New York Nov 20 Butter Strong un unchanged unchanged changed change Cheese and eggs Firm unchanged Chicago Nov 20 2 Butter Buter Steady creameries cr 2030 2 1 dairies 2428 42 cases steady at atmark atmark atmark mark cases included Include prime firsts 28 2844 Cheese 30 daisies firm fir twins 16 16 young Americas 1616 long horns |
