Show COPPERS START DOWN THE GRADE Movement Has More or Less Sympathetic Effect Upon the Whole List MARKET IS PROFESSIONAL SOME APPREHENSION OVER CROP PROSPECTS New w T Tork irk April 12 1 Prices e moved Ir ii guiry downwards In the tock stock m mar mart r ft tt t on narrowing transactions of a It inal kind The declines were said saidi i hii ht n induced some som liquidation of or long k hut but importance was assigned to toV toh V h at jt ity of or the bears bearz in the market if 1 news of the day was wa not of oZ great paTit cf t outside of ot a few special lal o r K in III I u 1114 Opper there was weak weakens ens 1 1 b h ti th here and abroad This was as In inn Ann n 1 ion imp with the fall In the Drice of p warrants arrants in tn the London market KJ lIi th 11 marking down of or copper upon IP 11 X t tv 1 York ork metal exchange The de le demis leaS mis aS i h by iK of the great producers of ic 1 reliability of or these questions as a an anIn ilex In 1 or it f Ille ie actual market for tor Copper copperas as pin a good deal of or discussion but hut Iy ri do not prevent the stocks of ot th the from being depressed the lowering quotations Copper HC Be e abroad including Rio fell tell harl in price The Th movement of oC the coppers had more morer r I M 1111 sympathetic effect upon the whole arket ark t Professions of oC apprehension over overe 1 he e prospects pr t for Cor the crops were a factor j tiu depression These were ere found in Inthe the lie he reports of or crop experts traveling tra in he ht rop regions and their influence was waR i b by the firm tone In the wheat market Besides the Immediate effect of hee hese reports In depressing prices they served as a II reminder of or the growing Im Importance to be looked for tor from this time forward orward of the new crops as a market factor actor This makes a season proverbially j jf f uncertain fluctuations In stocks which rye rire a deterrent from large larg speculative in the market The grow ng of oC operations In the mar mart t is 18 a notable feature The Tue continued in money mone rates both here and broad seems to have tailed failed to incite any demand for securities The Th failure allure r f the market to respond to this develop Ilent has much to do with ith encouraging Tile the bears to make the attacks on the which have nave been noticeable for wo 0 day da pst past Preliminary estimates of ne e week movements with Ith the Indicate U balance in favor faor Of ot Vw sew IW York of or lees less than a million dollars he operations have hae con to the banks since the ast bank hank statement Last weeks cash ash KJin iain although very velT large was less leI than he preliminary estimates and this gives Ef Eme me expectation that the preliminary figures somewhat understate the actual gain to h shown 9 own ip tomorrows state statement statement ment The abstract t of or national bank re rei i as of or March 22 2 shows the extend id U J position of or the credit situation the through and explains the expect expectation in banking quarters of a continued i mand for cash from the Interior to keep I n TJ reserves rl From Irom Jan 26 to t March I he h loans loens expanded while the of legal le al reserves to deposits I Iad ad fallen from per cent to 2074 per nt Agricultural exports tor for March owed an Increase in value alue over oer March r f last iut year of l although each och rm Im except cotton showed shoed a decline from ast week of ot 1 G bushels for wheat arid and bushels for corn The mar t was as not under immediate pressure at he closing dosing but hut there was no vigorous re reUf I Bonds were heavy hea Total sales sale par parI ar ahle alue 00 I States tates bonds were unchanged on all alli i |