| Show EAST 4 Flurry in Now New York Over American Sugar Sugiu v I 1 THE PRICE GOES DOWN DOWNa i a PEAR FEAR OF o A SUSPENSION OF OP DIVIDENDS 4 Annual Arnul Report of the President of the Company Nearly Takes Wail Streets Street Breath Away Other Se So Were Affected In Sympathy thy Chicago Grain Markets New Kew York Jan 10 The nock market mark markWas was dull and narrow today except for the sensational that thit affected the stock of the American Sugar Sigar lag Big company Previous to the he aasem assem hung bling of the stockholders st there thereas i was as a show of strength in inthis Inthis l I this stock owins Lo o a general conviction I that the sugar trade war has hs more of i than substance in it The decar j I in the an i inual nual report rather her took Wall all street s a I I breath bruh and cau t fear that unless con j change chang dividends on rt the stock I way may be The wt ck declined ri rapidly idly one tsie min ic varying as much as j sa The first took the aik to a hn n it steadied and rallied a Oe It f i again to bringing I out ut heavy orders on In the way wayA I A near 1 reacted 8 S and again rallied in hi the final The he leJ and outstanding short Interests In the thu sock served as a a j alive force l by y iu ing to co cor r i Ai All the prominent industrials industrial were sharp I Ily I Ily ly affected in sympathy empathy the l ars seizing I Ith th to offer prices down and i orders The railroad wre much l s affected the gains were wre mostly il Oit ot Th Thi i e was waa good buying n the railroads at thi thu decline led by the Haiti more Ohio tocks stocks on the statement t of December earnings The general relaxation In money rates all ml over the world had induced a conviction tion that the official discount rates both bothof of the Bank of i and the Imperial Bank of will be reduced to tomorrow tomorrow morrow and room traders were in clin d to buy stocks in anticipation of a foreign demand Stocks w were re generally firm today in for foreign foreign eign markets on account of the easier money rates But it is very clear the money market owes its abundance and to the lIquidation of spec speculative account which had been affected all erl over the world in the last few weeks anti and to ladS of renewed speculation tiou Spec Speculators Speculators are apparently still disinclined to take on storks stocks and market was waa wasa a narrow affair even taking in account the violent price movement of some of The specialties The prevailing dull move movement maul ment is attributed by traders ti fears of unfavorable news front from South Africa but it In lu not Improbable the existing condi conditions there a as well as a in the financial world have been accurately discounted in tile the speculative markets New develop developments monte ments are a wait 1 to warrant a new ad adjustment of values The bond market martot was dull and moved in sympathy with railroad stocks Total eal 3 par value U S new and s registered declined in the bid price Bond Quotations QuotatiOn U re M K T te 89 U a S Is reg N Y Cent Cem Is U ti S le coup llO N J 1 Cent g U S n a 4 Nor Pac l is U S n a coup cour P Pac c Is IsU U S o Nor Pan Pac 4 TJ U S o 0 40 iN T Y C St IT S Ss Se reg L U S 59 Os coup Nor W c e 90 30 Dis Col 3 OSs INor Nor W g AiMi Ah gen 45 98 Ore Nay Nav Is Aeh 79 7 I Ore 0 Nay Nav Can So O S IA la Os 1 C O 0 48 96 O S U L c Se C O Reading g gun n K KC 9 C N W con R H G 0 W Is la 4 7 St U I I M N MC NC C N W a s K t eon con 6 deb 59 St U L A k 8 S F Chi Term Temi gen genis te D R it O G Is Paul uI eon D it R G 3 40 97 tnt St P C P B T V G St at P C CP P 5 Erie gen gee 67 So o Ry fie F W ft D C Is 71 St t R A Tw Os s 80 SO lien Gen Elec 60 1 17 Tax Pee l Is G 3 II 1 S A fisl 64 54 O G H 10 a S A Union Pee Pac H T P C Se A S 4 84 4 H Ac T C c Wabash Is Iowa Cent is W Wabash abash 99 K r C P A la is 08 Vest Shore 4 U i fe N t wit isit 7 WIs Cent Is 89 M at K T 1 is 07 iSo Pac 80 90 Stock Quotations AtchIson l Union Unton Pac 45 Preferred Pr rr d 5 Preferred 73 BaU Ba Ohio Obio 58 7 Can Pee Pac 9 Hi Preferred 30 20 CanS Can SO W L E H 9 Chrs Chia Ohio 29 2nd pfd 26 Chi hi G W hit Wis Gent 18 Chi I 1 L 14 Adams Ex Preferred 47 Am Ex Chi B Q ia 4 United States Staten 45 Chi E 2 Chi ii N W V Iti Am Cot Oil 33 Chi R N I P 89 C f i C St Li L MaiOne 6 Co SO 54 Preferred 28 a let 1st pfd 8 Am Sm Ret Ref 36 pfd 14 Preferred 87 Del Aa Ata Spirits 2 Del L A W Preferred K 15 ErIe Brie H 11 Am Steel Hoop 43 42 D R It 0 17 Preferred 81 Preferred St ft Wire 47 Gt Not Nor pfd Preferred 89 Coal 16 Tin Piat 29 Hocking Hot king Valley 31 15 i I Preferred 80 90 ii ii Cent ATO Am Tobacco 98 96 Iowa Cent 11 Preferred Preferred y 0 Ana Mining ining Oo Co 39 30 K C P G 0 GU 8 B R H T 71 11 U L K U W iJ a Cola Col F Iron 40 Preferred 3 Coat Cont Tobacco 31 Lah Shore 1ST I 85 Nash Federal Steel 49 i Manhattan It L lii 71 Met St Ry Gsa Gen Eler Mex Cent 11 Glucose Sugar 45 i St L Preferred 96 Preferred mt Paper 23 31 Mis Mh Pac Ohio ii Gas 78 M K T iNaC 36 Preferred i k d 89 N J Cent lit Nat Lad bead 25 X N Y C tilt U liz Preferred i Nor Western 3 Nat Steel Stel 41 Preferred 1 t Preferred 91 No Nor Pac 3 N T Y A Preferred 7 North American 14 On W West st stOr 21 4 Pacific Coast 39 Or Ry Nay Nav 42 j 1st pfd 89 Preferred Ji 2nd pfd 60 Pennsylvania Pacific 48 42 Reading Redin 37 17 Peoples Gas It 1 t pfd pM 4 H Pr Steel Oar Car 56 pM 2 Preferred 85 R K w V Pull Pal Oar Car sa l St R B Twine 9 4 S St L B S P F PIs y hu Sugar 12 Is 1 pfd cc l pfd 14 P Tenn C Iron Iran 52 St U L S W tv i I U S Leiher 24 l 73 13 St Paul IMul 1 S 5 Rubber Ribber 41 l 1 frred i o i St P IU W Wee st SS 16 So 53 Pac wu R i s mi 30 80 So Railway y n hl Prefer 65 05 I P C C St L 5 Ti Pat l Stocks at London New Icea York J n 10 Comm r t rs London financial cabU nim The markets here were idl almost be beyond yond Leading brokers said the volume of was the t In a years Th Tao tendency was steady al a the markets awaiting a solution of the problem priem in th Transvaal The settle mut aa as a I ed disclosed a meagre open account t began pan at the ratos which prevailed pr a led at tb las lad i settle n fu but bust were so son n unable to place their Bankers generally charged 4 r cent bu s me were re i fly iy to 14 take i or cr cent r American Account pro to in b be the for K i rai years I bid tId up UI In lii the tho American department Jl Si parity parly on insignificant orders bur i rices off ff on Nov Nev York sales aale G 1 u o the amount am ut of 2 9 Mi was with withdrawn drawn on Ini currency accent and was tak ii for South The hank bank bo boht ht gold Thi Th v ks n 0 Inflow of rie was 1 5 wa easy at 5 I p pei cent The roe market e 1 its a reduction of the bunk bink rate ton mw w to 5 S pr per unless p k The million otillion on the way wayn n Ti rr ri New York nd ml Russia counteracts Argentine and 1 h demand I 3 f Metal Quotations I Is vi York Tort Jan M In the nain wI little I It tie change tn in tM the l at IL I Ion today Business was cl ng conservative lines and the price unusually narrow Tin 1 I i I I I continued to tn attract sf tte however and ruled less lew irregular fi cut t i the cloe the ae M al Pig Iron I i A Lake Co er 1650 fm Tin Unsettled Spelter Dull 4 The Fhe brokers price for lead la Is anti and andI for opper 1650 Loans Loan Exchange and Silver New York Yok Jan Money on ONI steady at 4 per last loan 4 pry per cent prime mercantile paper 6 per cent c carrier with astral bu irr li i bankers banker Nile at for demand and at for 00 days posted rates commercial bills Silver Bar silver Mexican dollars 47 Lon London k n Jan Jau M Brer I ii Condition of Washington Jan 10 state statement merit ment of the he condition of the tn tro ry Available cash balance 51 1 gold GRAIN AND PROVISIONS 1 Wheat Market Markot In Chicago Affected Fy y Transvaal News Tan Jan ini r ce of Liverpool to the advance fn in v heat here hera yesterday weakened the local market at the May at St T c showing aa SIt Initial loss iose of c e Buyers later lat r on the war ar scare sold and prices eased off to V 1734 f r TOc where it steadied turf and on reports of f a better export demand laboriously ad advanced to SOC On liquidation by the light clearance and the liberal lIbal j primary receipts the rally was lost May j touching A rumor that Ladysmith had caught the market in an over oversold oversold sold condition Sad tod shorts made haste to cover under pressure of which the mar J ket again advanced May to 8 The rumor was unconfirmed ar and d some of the J tare scare accumulations were disposed ot of Tn The close was rather w weak ak May Ma under ye yesterday t at Corn was waa firm all day up e trifle rifle at times even wisest when wheat wa was weak May l closed a shade over yes yesterday n ajr at B rv Oats were ft firm v but dull j rt May closed 1111 4 a shade up at A good shipping and d some nov cov by shorts aborts held tb provision market firm J in the face of og aral ard softer prices price a fair ay ork closed cosed So over yesterday M lard a a shade higher and azid May ilbe The leading futures ranged a as follows fellows 2 I Open I High j I row Low I Clone j Jan I 64 41 64 j 68 July I I Corn No 2 I Open I High I Low Lw Close Jan 51 May 32 31 33 July 55 W t Oats No 2 I Open I High I Low I Close Jan I IMay May 24 Mess Mesa Pork Per Barrel I Open I High I Low 1 Close en 1 1052 i I May 1075 1083 1075 1083 Lard Per Pounds I OPen I High I Low LowI Close M Jan 5 1 Nay Short ibs Per Pounds 1 I Open I High J I Low I Close Jan May 1 Cash quotations were as follows Flour Steady 3 I spring No 2 red Corn No 2 3 X 2 No Ne 2 white IOU No 3 I white 2 Barley No 2 Flex Seed No 1 3 Timothy Seed Prints Neon Mess Pork Per barrel I ard Per pounds pound 0 Side Short ribs loose lobe 5 Shoulders Dry salted Baited boxed Sic e Short clear boxed finished gc per gallon 1123 F I Ree Snip Ship Flour barrels Wheat bushels I t Corn bushels bushel Oats Oata bu hela Rye bushels bushel iL Barley Pacific Coast Grain Markets San Francisco Jan 10 Wheat inactive May No NI sate cf of barley Portland Ore Jan 10 Wheat Walla WalVa Wata valley SIc bluestem Si 58 Tacoma Jan U No change in wheat Club Sic 55 chicano Livestock Chicago Chico Jan Cattle to choice fat steers steady Inferior to medium weak to lOc lower Texan steady cow market and canners steady to strong strongs s stockers and feeders quiet calves steady Good God to choice poor to medi medium um nat mixed selected feeders good to choice j I cows halters can canners ners bulls calves I fed Texas beeves Hogs Fairly active 2 lower fair clearances clearance Mixed and butchers good to Choke choice heavy rough heavy light H bulk of sales Sheep and Lambs Best steady others Native lambs 4 western lambs Receipts Cattle hogs sheep Omaha Livestock Omaha Jon Jan M Cattle Receipts 1780 2760 Market steady Native beef steers c western steers Texas cow cows and heifers 42 canners stockers and feeders calves bulls stags etc Hops Receipts Market a shade lower Heavy mixed 45 light pigs bt bilk ik of sales Sheep Receipts 1300 1200 Market strong Fair to choice natives fir fair to choice westerns 0 common and stock sheep 5 lambs 10 D iVer Livestock Denver Jan 10 Cattle Receipts 1100 Market strong Beef steers 33 46 cows 2 feeders freight to stockers freight paid to river bulls stags etc Hogs Receipts Market Sc higher Light packers mixed heavy Receipts none Kansas City Livestock Jan JaL Receipt X Market lower Native steers H K Texas steers 3 Texas Tease cows native cows and heifers betters 2 stockers and f I ra bulls icon Market weak to Sc lower fewer Bulk of sales salea heavy mixed 4 yorkers 42 i pigs ton Market Lambs Coffee aud ad Sugar New York Jan 10 The coffee market barely steady December fc points lower and others unchanged to 10 points net higher Total sales MsO bags in eluding February 1642 March April M May y June July August t 1970 September 10 October October November December S Spot ot cof strong No 7 invoice Sugar Raw firm held higher refined firm good business doing Wool Sales Sale at Antwerp Antwerp Jan lOAt the wool sales today bales were wez offered There was waa 1 t good attendance but toe the demand d Owing to the hib rates There were 14 bales sold ana and t the ulee in de nil 1 t were neve as follows bates bales of Buenos Ayres at francs franca Dales of Mon Men Montevideo at francs france Boston Booten Wool Market Harket Boston Jan T tm Wool Wooli ami i in Cot ton on say aay Th sd f sat ia Is of the goods market Such goods as f s i to W per cent last year and enS a a satisfactory bust bustness ness fe Is reported to have been done thus far f ar Just at present the manufacturers Il are not net wool very liberally al i though they hey have b tet p a little more in evidence the pest past week and have taken some seine lots lota of medium wools and flue fine The entire business of the week has been of retell retail and the sues sales only pounds ie to Ju much strength and the trade are so confident at to the future of wool that they have already contracted for a considerable pot por portion tion tien of at next seasons cup clip at prices rang j ing all the way from W 00 to 73 cents clean leaded landed at Boston |
