Show SUPPORT CAME CAMEr AT RIGHT TIME Check to Demoralization in Wall WallStreet Wal Street PRICES STARTED UPWARD RALLY DID NOT LAST UNTIL THE CLOSE New York April Effective sup support support port today checked the the demoralized tone which threatened the the market and quieted the speculative excitement with wit the result resul of a subsidence of activity and a steady tone until sudden extreme weakness again agin set in the last fifteen minutes During the progress of the recovery recover the time average of prices was lift lifted lit t teel ed eel e above last night and some consider considerable able gains were established especially in the northwestern railroad group and the trunk lines After yesterdays down downward downward downward ward plunge there was as a fear tear that the further prices rices declined the more pres pressure pressure pressure sure there would be to sell sel stocks This apprehension Was nas as sufficiently justified by the heavy lull lul this morning which was caused by the uneasiness throughout the country countr resulting from the heavy declines of yesterday With margins materially impaired and the fear of still stI larger losses to be faced the urgent desire to sell sel is I easily un understood understood understood Support was attempted at atthe atthe atthe the opening and the more cheerful tone of foreign markets today toda p aided the ef of effort fort fort Prices of Americans In London were lifted considerably above last night and there was liberal buying in New York for foreign account after the th trading begun began but hut these gains aim disappeared under tinder the flood food of liquidation which came ame into the market from all al quarters It I was only by b the most vigorous measures Jea res of support that the market was sa saved el from demoralization tion ton again during Ute tile first hour Enor Enormous amounts of stocks passed passe through the market in that period in the course of the contest between opposing forces I The trading in the first hour in fact tact made ma e ur up the bulk of the transactions I for the whole day The chief fear tear of I I speculative holders evidently was the instability of the market rather than any actual developments affecting values and when the support had dem demonstrated demonstrated its is effectiveness sufficient as assurance assurance assurance was imparted to dissipate the urgent desire to sell seU TJi 1 re was wa evi ei evidently evidently dently a large short interest Inter t left lef open also The failure of confirmation of some of the alarmist rumors which cir circulated circulated yesterday impressed the sellers of stocks stock with wih the idea that there had hadnot hadnot hadnot not been good god grounds for their action acton While the resignation of the th head of the Missouri Pacific system from the Union Pacific board was discussed with seriousness the effect on the market market was lessened by the relative firmness of Missouri Pacific and the good sup support support support port of Union Pacific The forecast foreast of the time currency movement for the week gave promise of a considerable increase in the cash cah holdings of the banks to be shown in tomorrows bank statement statement The ThE market continued to show a nerv ner nervous nervous nerous ous and uncertain in spite of the marked falling off in transactions and there seemed to be a disinclination on the part of f the buyers to follow the advance in prices prices The persistent strength in the foreign exchange mar market market market ket supposed to be due to preparation for remittances es of Japanese loan Ioan sub subscriptions subscriptions Is not likely Discounts were firm fr in iii London today toda r and the price of sterling at Paris declined Next week is payable of the subscriptions to the of Pennsylvania con convertible bonds with wih the privilege to sub subscribers subscribers subscribers scribers to pay in the full ful amount The nervousness of the market was easily easil seen from the quick response to the late break in Louisville Nashville to Locomotive and General Electric also made disconcerting plunges plunge In a very ver few minutes most of the gains gins melted mele away way a and the closing was very weak again Bonds were heavy Total sales par value alue United States bonds were all al unchanged on call cal Bond Quotations U C S ref 25 Ho lInek k Val f i reg l t lErie lri soil ROII 1 Wi V U S ref 2 Japan Sn cert cert COUrt conn N iT t T S Sa s reg IM IM M I con gold t U S 38 3 COUP IM M L C 76 U S new Sew 45 Pr M C 1st Inc 22 reg 13 lM M l St St L I U S new S IM M 1 K IC K T coup 13 IM M f K T 85 8 U S old N R it R R it of ot M MU I IU U TJ S old con eon s 8 SO SOY coup I N Y C gen sen senAm Am T V cert eert 73 i iAm Am T 68 cert N K J C gen Atch gen N P Atch adi s 97 91 IN P Ss 3 77 7 A C Line N W V con i iB B O 0 O 0 S L 97 B a O 0 3 Pa con 3 s sS 1 1004 I C S of G 0 Ss is 3 16 Reading gen germ C of G 1st inc inc 92 j St L 8 I M MC C of G 2nd inc 76 con lime 5 11 C O 0 4 s 10 St L S F FC FC FA C A ls SIM fg 48 90 C B O Q new I St St L Sw con 45 99 9 S C R R I r P 45 S A Line 45 85 L LC C K It R I P iSo So Pac 5 cot col co Se 5 92 9 S Sd Rail Rai Ss 18 C C C St L IT P 12 r gen 45 T St L W WC Chi C gen I Term 4 OS 98 I I 4 s 84 St Colo Cob Mid ld s 75 5 U ij P 10 Colo Cob S s 93 9 U P con Cuba 55 cert cert lQ L l C S Steel Ss 97 D B R B R G Wabash IsIs DIs IS Sec Se Sa s 8 Wab deb B 75 7 Erie pr pro lien len West Vest rest Md MU d F W W V D C W V L L E 94 1st 1134 Wis Cent Cent 9 Stock Quotations Sales High Low Close Atchison S 4 I Preferred 5 A C Line 69 16 l 1 57 Bait BaIt Preferred Ohio 10 10 10 1053 95 9 4 Can Pacific 1818 1473 1473 Cent ent of N J 96 1943 1 19 Ches Ohio 52 49 50 I 6 C Alton Alon 40 37 25 33 41 3 35 C Preferred 0 80 S v SO S SO SOC SOC C Gt Gt West AVest 63 22 21 1 13 I V C c N W V 1510 1350 15 22 2323 2 C M 1 St St P 1744 I C Term Tr 2 18 17 IHl 17 7 Preferred 32 31 n w 30 3 C C C St L 90 CO 93 99 99 Oil 93 Colo Cole Southern 2754 2 26 2 27 Z 7 1st preferred 57 d preferred Del Dol Del Hudson 1ST 8 S 18 Del L 1 W tV V 6 Y 3 D R G 32 Preferred 87 S 86 56 Erie 43 41 42 1st preferred 80 78 77 7 7 77 2 preferred 30 60 64 6 sw 6 65 Hocking Preferred Valley Vule 2 92 32 92 90 92 O Ills 11 Central 1593 Iowa Central 28 2 27 7 27 Preferred 52 K C Southern 2600 20 29 2334 2334 1 I Preferred 0 63 6 62 61 61 L r J Nashville 7 8 19 14 Manhattan MM M L I 16 16 l Met M MM Iet et 60 Ga KJ 2 30 81 8 I Met let M et St Ry R 1 lt 17 M ex Central 21 2134 l 20 20 2034 M 1 St L 55 5 MN M N 1 St P Sault I Ste M SI l BOO i 13 lt 11 Preferred SOO r li 1674 Mo M o Pacific 28 10 99 9 M 1 K I T 2534 28 Preferred 6 63 6 62 62 6 Nat N ati R B R R of Mexico pfd 2 36 3 35 33 3 36 N Y Central 21 11 HS N Y O 0 W 53 5 52 52 Nor N or Western Vestern 89 79 71 78 7 i Preferred 92 9 I Pennsylvania P B 9 1 13 P C C St St L 6 77 7 76 77 R 94 9 92 9 93 03 9 1st preferred u 5 92 02 9 91 91 2 preferred 8 Rock R ock Island Co 8 3 3 30 29 21 2034 2 34 Preferred rm 76 74 75 i St S L S F d SS preferred 5 66 6 66 65 St S t L S W Y 1900 10 23 22 23 2234 Preferred u 2300 23 62 G 61 00 0 So S o Pacific 5 62 6 6 61 61 Preferred SOO oo So S o Railway u 32 3 31 31 n Preferred 96 06 95 05 95 9 Texas T TT exas Pacific 34 tA 38 33 2314 T 1 St S1 L W 36 36 Preferred 1000 57 51 58 GI 56 Union Pacific 08 S OS S 38 98 8 Wabash 1500 21 2134 20 2534 20 2034 Preferred 2500 43 42 I 4 W L E ICO 17 17 1 1734 17 Win Wis Central 1200 21 2134 1 20 21 1 Preferred 1530 1900 48 43 47 47 41 Nor Pacific 2000 1 Adams Ex American Ex Ei ExU U S Ex Ex ro I Amal mal Conner 82 S 79 81 SlA Am Car F 37 87 37 36 I Preferred lOCO 1000 1 C 90 99 09 Am Cotton Oil on 31 33 isi 32 Preferred 95 9 American Ice 5 5 5 Preferred 1000 3 8 3 35 38 Am Linseed Oil IS 17 1 17 11 Preferred 44 41 Am 53 Preferred 1100 1154 nt Am S R IH s Preferred ICO 1 k In InAm Am Su Sugar ar Re Rt ReS 38 Am pfd pid pt certificates nen tes 96 Wh 91 H 26 96 Ana Ann Min Mm Co 1400 1100 Brooklyn R 11 T 64 62 63 fI Colo Coto Cob F I 1 L 50 46 16 44 Con Gas Gus Corn Products 2400 13 1 1334 13 IS 13 1354 Preferred 2 61 62 61 Distil S cur 41 41 41 n Gen Gemi Gt n Electric J 1900 1000 Inti I Paper 22 31 1 21 2134 Preferred 79 70 79 79 Inti I Pump Pum 31 3 Preferred OO 1354 SO SQ Lend Lead 13 10 45 42 43 Nor American 2004 Pacific Mall 1300 4 40 39 9 31 40 Peoples Gas 1 0 P Steel Car 1700 40 4 40 44 39 Preferred 96 94 95 9 Pull pun Pal Car Republic Steel 19 19 18 1834 19 Preferred 75 is 72 73 l I Rubber Goods 31 29 2954 30 Preferred lOG Tenn C Iron 88 86 86 SG IT lJ S Leather 2 00 X 11 1134 11 11 ll Preferred n U TT S Realty 2300 90 91 89 5 89 U 15 S Rubber 2000 39 30 39 Preferred IT U S Steel 34 H 33 34 Preferred 13 99 9 V C Chemical 1700 35 34 H 91 34 Preferred Vesting Elec Jo lec 1754 7 Iii Western Westbra Velt rn Union nion 20 O 93 93 03 Total sales for the time day da shares Treasury Statement Washington April state statement statement ment merit of the treasury balances in the gen general general eral fund exclusive of the gold reserve r ere in the division of redemption shows Available A cash h balance gold Money Silver Etc New York April 88 Money on call firm 2 per cent closing bid 2 Time loans steady sixty days a s and ninety days and six months 3 per cent Prime mercantile paper per cent Sterling exchange firm closing steady with actual business in bankers rs bills at for demand and and at for da bills Posted 1 rates rn 1 48 4 and arid Commercial bills Bar silver 56 Mexican dollars 14 Government bonds steady stead railroad bonds heavy Metal Markets New York April Weakness in Lon London London London don where spot tin closed at lh lOs and futures at influenced the local mar marS market market ket hot which closed at for fox spot Copper was lower abroad closing at 65 5 S for spot and at Coo 65 Us Sd for futures Locally the time market while white quiet so far as a C business goes seems rather unsettled Leading producers are not now asking 7 more than 1525 1523 for lake hake and electrolytic while there is still talk of some lake cop copper copper copper per being obtainable around 1487 1181 for forI May shipment In a general way lake I and electrolytic are quoted at 1 and arid casting at 11 1500 Lead unchanged d in the local loca t market and at 12 Us Ila in London Speller Spelter also was unchanged in both bott markets closing at W locally and at c 2 t tIn in London Iron closed at Sis ts Id 10 in Glasgow and at in Middlesboro The domestic situa situation situation situation tion shows little change but is i perhaps a shade steadier in tone with some pro producers producers producers refusing to fully meet the recent decline No 1 foundry northern 1725 ISOO No 2 foundry northern 1750 No 1 I foundry southern and No 1 foundry southern n soft at aZ and nd No o 2 l f foundry g southern s e at Butter and Eggs S New Ne York April 28 Butter unsettled Street prices extra creamery creamer 28 official prices creamery common to extra 23 23 28 is state dairy common to extra 2127 renovated common to extra 6 west western western ern imitation creamery common to extra 4 Eggs Unchanged Chicago April 28 On the produce ex cx exchange change chane today toda the butter market markot was steady Creameries 2025 z dairies 2024 4 Steady at mark cases included 14 14 firsts 15 1534 prime firsts 16 ex cx extras extras tras 17 1734 Cheese Weak V eak 14 H Coffee and Sugar New York April 23 Coffee Spot Rio steady stead No 7 Invoice 7 mild steady Cordova 10 1 The market for coffee corree fu futures futures futures tures opened steady at an advance of 5 5 58 H 10 points and later sold up to a l net gain gainor of or 10 to 15 points on moderate demand promoted by bullish European cables small Brazilian receipts ts and predictions for a bullish visible supply statement as of May 1 Offerings were very YeT light until just before the close when there was some realizing attracted by the tIre advance adane of about lc at the lowest and the mar market market market ket sold off 5 points on one or two months but was finally steady at a net gain of 10 j points Sales were reported of bags including May at 8 July SO September 69 Oc October October October tober November December 72 March Sugar Raw nominal fair refining 4 centrifugal 9 4 molasses sugar 3 refined Quiet milet |