Show MONEY AND STOCKS Bank Statement Not Satisfactory to be Street CON TRACTION I LOAN AOmTED TO ELEVEN ToN FOR TH WEK EXPE9ted Upward Movemet of Prices I Still Delayed2oney Stringency Bas Been a Disap poitet t Sp torQuic But Lrge Absorption of Stocks Kew York Sept 2tpeculalon was in dined to wait on the bank statement today to-day and there was much doubt concerning what the showing would be The realizing movement In the stol market upon is appearance ndicated that the return Is not garded as altogether favorable in spite of the rIse in the net surplus reserve of 4124Th rho Increase In cash was less than n oO and the remainder of the increase In surplus was due to a reduction re-duction of reserve requirement by a fall of S143 In the deposits a reflection fom the contractIon In loans of 1104O I was believed by some people that last weeks heavy decree or over 100 In loans was due In som way to them the-m sterious system of averages used by the hanks But In that event there should have been some bookkeepIng compensation in today 5 statement it Is cenain that there has ben no such drastic contraction of open market loans either lat week or this ac Indicated 01 the face of the statement state-ment The more probable explanation Is that advanced il this review last week namely that the liquidation loans are largely those made to outside banks t finance subscriptions to the government loap The delivery of bonds by th gv ernment has been delayed but is now progressing gressing more rapidly and the loans arc liquidated with the delivery of the bonds The bank returns indicate otherwIse the turn ease In the money market toward greater I The stock market showed a quiet but large absorption oftoclt notably of the Pacilics dad grangers on the tratc returns re-turns f those roads The miscellaneous list showed u tendency to reaction which was checked by the trmness of the railroad road lst under the realizing movement and the bank statement The expectation was quite general that the upward movement of prices on the A toelt exchange would be resumed this I week and that the lightness of the money market would be relieved owing to the cessation of the win Into the treasury on account o the subscriptions to the government loan The expectation Is still general that thee two events are simply dclared by the various reactionary Inclents of the week On onday it wa the violent break In Sugar and the continued con-tinued lightness of money has checked speculative ventures during the whole Week The continued hardness of money has ben a particular disappointment to speculators as various factors were looked to confidently to bring relief Including In-cluding the anticipatory payment of the October Interest on the government bonds increases In the government expendiure gold imports and the postponement of the payment of the small remaining Portion of the government subscriptions These fctors have proved efficacious as the work advanced to cause lower rates for lone but In the meantime a number of the banks which had fallen below the 25 per cent reserve limit caed loans to replenish I re-plenish the reserve The cal money rate went to G per cent on Tuesday the high cst point of the season In spiCe of the heavy engagements of gold for Import The fact that the gold movement has been Inaugurated In force just at the time when the money market has passed successful through the strain of the government loan Is significant of the countrys enlarged en-larged needs for money The bond market has been dull and heavy on the light money market United States new 4s registered have declined 1J old 4s registered have declined 1 old 4s coupon 1 new 4s coupon and the 3s when issued 1 and the 4s have advanced ad-vanced 1 In the bid price Total sale of stock today 1515 shares Including 9Hi Northern Pacific 1i30 Fnlon Pacific 13 St Paul 12242 Union PacifIc preferred 1890 Tobacco 152 Peoples Gas 1GS Sugar 70 Rubber BOND QUOTATIONS G S Nor Pac 35 6 U S n 4s r Nor Poe 4s1O14 g j St101 I tT S n ls C127 N ry C St J U S 3s reg110 L 4s 10 S ls coup 1llN W Ga123 4 1M rfh U L S 2 99 NOrthW con 142 l S 55 reg12 Debenture 5s1S G S 55 coup 1I2t Ore Nay Is13 District 3 w517 lOre Nay 4s 9jJ Atchison 4s 95 0 S L 6s t r16 Adjustment 4s 7y0 S L 5s t rlOos Can South 2s 1QS Pac 6s of i5 102 2s1QSy 9510Y Chic Term 4s OI Reading 4s 82 C O R G W 1s S C l D 4s10 St L Iron 11 D R G Is10 con 5s 5 D R G 4 57 iSt L San FEast F-East Tenn Is10h gen 6s 19 Erie Gen 45 7 St Paul con151 Ft W Den St PC P 1s11 Istr 75 SLPCP5s117 Gen Elee os10S Southern Ry Ss 97 G H S A 6s105 Standard Rope G H S A 210 TwIne 7 H T C 5s10 T P L G 1s10 I T C 6s10 ReI 2s 45 1a Central Is1031U P 4s 9SIh L N U 4s S iU P D G Is 76 1r K T 2s 62 Wabash 1st Ss 11116 5s1lh U K T 4s 59 I Wabash 2 89 N Y C isi1i34tWest Shore 4s 1O9 i 1 J C SsU7Wis Central 1s 109Y Nor Pac 1513 I STOCK QUOTATIONS Atchison 12 St P 31 lf166 Preferred 344 Southern ac 24 n 0 43 Southern Ry 8 ½ Can Pacific SG Preferred SU Can Southern 53 ½ T P Zos Central PaC 2 U P Z Ches Ohio 2 Preferred C B Q115 g U P D G t C EJ 52Wabash 7 I Preferred 100 Preferred 21 C C C St St L 474W L E 2 4YW Preferi S I Preferred 17 Del Hudson10 Adams Express13 D L WH9 IAmn Expressl3 D R G 13U U S Express 41 I Preferred 51 VelsFaro Exl2 Erie new 13 Amn Cotton on 3 ChIc lton15S I Amn Spirits 1 1st preferred 36 Preferred S a It Wayne 173 I Preferred 3Q2 I Gt Nor pfdl3 Amn Tobacco 47 I I Hoking Valley 5s Preferred 1 j Ills Central 11 ½ Pe6ples Gas 103 Lake E W 17 ½ Cons Gas 103t1 Preferred 7Stt Com Cable CO165 erre Lake Shore 1SColo F 1 20 ½ Louis Nah 5G i Preferred S U Manhattn L 9S Gen Electric 49 Met St Ryi5i Ills Steel C 1Ikh Cutral 10 Laclee Gas 41 Minn S1 L 2G Lead 3W 1st preferred S Preferred 10 Mo Pacllc 33Nat Lln on 3 11 0 271Pac C 1st pfd 84 N K T l si 1 2nd preferred C Preferred 3 Pacific Mail 3 C I L S Pullman Pal lSS Preferred 50 1SIver Certs IS N J C 91 Standard Rope N Y I Twin 7 N Y C St L 1 SJbr 10 Jst preferred G I retered 101 2nd preferred 31 ienn C 1 2 Northwestern 1 U S Leathar Nor Amn Co 6 ½ Preferred 6 G Nor PacIfic 41 U S Rubber 4 Preferred 76 s Preferred lH1 Onto West 15 i Western Union 97 O R N 5 i Haw Com Co 27 O S L 28 iSt L S W 2T I Pittsurg 16 I Preferred 1 Reading IS ½ R G W 2 1st preferred 4 Preferred G I Rock lsIahd 10 C G W 151 J St L San F 7 C N I 1st preferred 65 Preferred l 2d preferred 3Jl1Inn ron 94 St Paul 10i ½ IInter Paper Preferred 1554 Preferred 5Y St P 0 S B R T Coi 62 Preferred 157 ½ 15Y FIrst sesment aii u Third sessment pam NEW YORK lIX STOJS honar OntarIo 37 Crown Point 130phi 4S ConCal Va Plymouth 1 Deadwood 5 Quicksilver 1 4 f Gould Curry 30 Preferred 350 Hale Norcross 75 Sierra Nevada 80 I Jomctke io Standard 15 Iron Silver Union Con 21 t 1Ieican 2iYelow Jacket 2 y SA FRANCISCO MINING STOCKS San rancisco Sept 24The official fcial 1 closing CuotaUons for mining stocks to i day were as folow Alt 0uUa 01 Alpha Con O Kentuck Con03 0 Andes 0l1exlcan 23 Belher lS1Qccldental t Con s3 dent31 r Bt Belcher 13 lthir n Bullion 130erman 2j Caledonia 2 Potosi n 1S Cllga Con 1SISavaS 1 JLr 4T L1i Confidence 5 orplon 03 Con Cal Va 7SIerra Nevada 76 Cbn Imperial 01 UnIon Con24 Crown Point 17 Utah Con OS I Exchequer 02Yelow Jacket n 2 Gould Curry 21 Stndard 1G Hale 8 Norcros 81 |