Show I Financial and Commercial I TIME TIE OF DOUBT IN II WALL WALLSTREET STREET World of Capital and Finance Uncertain Dullness and Indifference rence Results 1 j IMPROVEMENT LOOKED FOR PRESENT OCCURRENCES HOW HOWEVER HOWEVER HOWEVER EVER ARE LACKING I New Nev w York Fob Feb 6 The stock mar market market market ket today was less le s affected by the ovi evi evidences dences of the contracted stage to which traffic and industry has hrs fallen although those evidences continue to accumulate The stock market was in intact tact fact act unresponsive to anything and for tor much of the time was lethargic Brief excursions into one o e or the other ac account account account count by professional room traders were ere responsible for the wavering flue fluctuations of prices but these ventures were never carried far and were re retracted retracted retracted almost as soon as taken The general public and so far as could be discerned the important class of cap capital capItal capItal ital interests were profoundly indifferent indifferent ferent Crent to the market This dullness and Indifference fairly represents the present uncertainty of I the world of capital and finance over the future Over the question of the duration of the present depression in our nur Industries there Is no settled con conviction conviction conviction An assumption that it would be long continued or further aggra aggravated aggravated aggravated would represent a new lew phase of the situation which would prompt new operations and a new position in the market marker for tor securities The feeling is ismore ismore Ismore more general that the depth of the de depression depression depression has been reached and that thai improvement Is to be looked for Of Ol this there is however no present pre ent ac actual actual actual occurrence and speculation conse consequently consequently consequently hats halts The further curtailment of iron out output output output put during January preventing some further accumulation of stocks and a arate arate arate rate of production at the end of ot the month which promises a further re reduction reduction are convincing proof that the shrinkage in the iron and steel trade shown by b the United States Steel cor corporations corporations report of earnings for the thelast i Lv last quarter of last year ear is still in progress Reports of the railroad gross earnings from the latest returns com corn lug hg to hand from day da to day expect the falling off in traffic and measures of economy have been taken to offset this expectancy The official intimation intimation tion Hon of the intention of the Illinois to offer probably of I 1 new nw securities s which are expected to take rake the form of equipment notes was regarded as evidence of the temporary expedients to which corporations are forced still to resort to in raising of capital Th publication of the weekly return nf of the f he Bank of England served to toi tol i l IK Iek k the rising course of investment securities in the London market al although although though the decline In the banks gold holdings is due to repayment of obliga obligations obligations to the Bank of France incurred during our own demands upon the London ondon I supplies at the time of the money crisis Discounts advanced in London in response to this showing The fall tan in sterling exchange here was but our money mone market was unaffected Price changes at the end of the day were unimportant Bonds were heavy Total sales par alue k II United States bands were unchanged foil ri i call all t I Stock Quotations I Sales High Low Close CIoe Express ISO ls Amal mal Cop Coli ilI 68 49 48 4 Ainu Arnu C F rio S S Preferred SI SS till rot Cot Ct on Oil as IY Preferred Sf rin Express s Am m II 11 L L 1 pfd l 13 mn Ice TOO 16 1 ij 15 1 IM 16 Amli Lin OH OIL 7 k Preferred 25 Ii Airm UW K 36 H SI 3 X Preferred eQ 88 SS 88 89 mn S R It SS SOO OO 66 tM ti 5 Preferred iIO 90 Oi SOU OO 90 50 Amii mil Sugar Suar R It 1110 0 11 11 I Amp pfd I Vu And rL Mm Mm Co 4 II 8 32 I 32 At Juson 71 79 71 Preferred 40 SS 8 SS S SAL AL t roast Coast t Line MO JeO SS IS S SS IS 6 67 B 13 O 0 t Sl SI 83 S I 1 Preferred SS 53 S Sok v ook ok Rap Rail T r 1 tOO 4 41 H s 4 au an Pacific Hj t of N J IA ISi 11 IB vs s Ohio 2000 29 9 M 28 hi Gt 01 West Vest 43 4 l N W aJO 00 14 HI Ita t M 11 St P D 11 t T TT T 5 Preferred K Ii Kr r C r C C c st L tOO H a it 1 Colo olo F P I 1 ISI 1811 1 IS tolo t olo South CM OJO 0 H 84 34 H 4 1st preferred MX SS II 5 K if Kid 5 51 id d preferred il Ton Con on Gas 98 4 98 S St t I orn Products 12 I 1 12 1 12 Preferred TOO 7 62 61 60 0 W RI Hud lUid 1160 In L W D p R It G 00 0 19 19 4 19 Preferred is 58 Dst pt lIJO Sl 21 31 In Ene Ent f My IiO la Ii IS Ii 1 13 15 1 T Tt st t preferred Xi 0 31 II 30 30 My d preferred 0 1 21 1 21 1 21 tIm en n Electric US HIs Central Ui l 16 Inter Paper 41 40 61 60 9 Inter Pump 1900 1800 leVa 19 18 1 15 19 I Preferred 67 61 Iowa Ioa Central 11 Preferred Pr 29 9 K I 1 C C Southern 30 20 Preferred 43 49 43 45 49 Louis Nash 00 86 9 6 50 Mex Central 18 18 15 18 M MS 1 St L 24 4 24 4 27 7 M I St L Sault f Ste M COO 93 92 93 Preferred i 1 1 Mo Mj 1 Pacific IM 1790 4 41 41 M K KT T 23 22 2 2 22 Preferred 54 National Lead 1700 SS SH S 37 38 Nat R B R It of or M 31 preferred i N Y Central zm 2200 96 OO 53 5 96 50 N Y n O 0 W IV 32 3 32 3 t 31 Nor West IS 15 65 63 Preferred 8 81 North OO 47 41 47 47 Pacific Mail 26 6 Pennsylvania 1400 Peoples Gas 86 85 85 Soft 8 P C C St L 70 Pressed S Car 20 0 19 15 19 Preferred 78 Pull Pal Car iss Reading 99 IOn 8 1st preferred SS 88 preferred 77 Steel 5 1611 16 16 Preferred 00 68 68 68 t Rock Island 2000 2 11 11 11 Preferred 2400 25 24 25 St L San F Fd d preferred 24 H 24 24 St L S W V 14 Preferred 29 So Pacific 71 71 I 71 Preferred 4 So Railway roo JOU 10 lOVi 10 10 J Preferred 00 33 32 n 52 Tex Pacific 00 19 1914 19 10 Iti T St L W 13 12 1 mi 13 Preferred 33 II Union Pacific OOOO Preferred 82 82 S 82 52 U S Express 90 U S Realty U S Rubber 20 19 15 1 lOVi 19 10 Preferred d dU a U S Steel 28 27 7 27 m Preferred 91 90 00 9 91 Chem Chern 17 Preferred 90 90 SS 83 Wabash 8 8 s Preferred 15 Wells Veils Fargo oo W fUng Elec 40 40 fO 33 39 I IVest West Vest Union 65 55 W V L B E 5 Wis Vis Central Preferred 40 Nor Pacific Cent ent Leather m 17 17 1794 17 Preferred DO SS 53 si 82 52 Sloss Steel 38 as Gt Nor pfd Inter Wet Met 7 Hi 7 7 Preferred 21 Total sales for the day dar shares Metal Markets New York Feb 6 There was quite a sharp advance in the London tin mar market market market ket with spot slot closing at and futures at lOs Locally the market was us quiet and higher in sympathy with quotations ranging from 2850 to 2900 2500 Copper was lower in London spot cbs clos closing ing at 61 lOs and futures at 62 Sd Locally the market was dull and un unchanged unchanged unchanged changed with lake quoted at electrolytic and casting at Lead was unchanged at 14 H Sd in inthe Inthe inthe the London market and locally at 36 Spelter advanced s Gd to 20 Sd in London Locally the market was quiet and five fhe points higher at 45 The London market for tor iron was vas higher with standard foundry quoted at and Cleveland warrants at ISs Sd Gd Locally no change was reported Money Silver Sliver Etc New Nw York Feb 6 Money on call steady stead 1 per cent ruling rate 2 per cent closing bid 1 per cent offered at 2 per cent Time loans dull but Steady stead sixty days 3 H 4 per cent ninety days da s 44 per percent percent percent cent six months 4 per cent offered Prime mercantile paper 5 G per cent Sterling exchange heavy with actual business in bankers bills at for demand and at 4 for sixty day bills Commercial bills hills Bar silver sliver 55 i Mexican dollars 46 Government bonds steady stead Railroad bonds heavy heaY Treasury Statement Washington Feb 6 statement of the treasury balances in the general fund shows Available cash balance 26 gold coin and bullion gold certificates LIVESTOCK MARKETS Chicago Feb 6 Cattle Receipts about 25 0 market steady to a shade lower bower beeves 3 cows cow and heifers Texans calves westerns stockers and feeders Hogs Receipts about 3 market steady stead lights 4 mixed heavy 4 rough pigs piss 30 bulk of sales 50 Sheep Receipts about market steady natives westerns 3 3 yearlings lambs westerns I I Kansas City CIt Feb 6 Cattle Receipts including SL market steady to strong native Meers I 4 75 native cows and heifers betters stock stockers stockers stockers I ers and feeders t 5 bulls 3 calves western steers western cows i 0 Hogs Receipts market steady bulk of sales sates 4 heavy packers 4 pigs 3 U Sheep Receipts market steady muttons lambs Jambs range I 4 fed ewes 4 OO j South S uth Omaha Feb 6 Cattle Receipts 2300 market steady to stronger native steers 3 75 cows and heifers helfers 25 t 50 western steers 32 Texas steers rs cows and heifers 2 25 65 t canners 2 OO stockers and feed era calves 27 2 6 bulls and i stags tags I Hogs Receipts market steady to I I 5 lower heavy hean t w mixed light Ight M 26 pigs bulk of j sales saltS i Sheep Receipts steady year lings 5 6 ewes lambs I GRAIN AND PROVISIONS Chicago Feb a The wheat market was somewhat erratic and prices es covered a wide range Prices were easy at the th opening because of a decline of more than one cent at Liverpool but offer ings were eagerly taken by cash Inter Interests eats ests and shorts bringing out a i rally The market then continued I firm until the latter part of the session when prices again declined on ing sales Liberal Libera primary receipts also softened the market somewhat Another rally took place in the last few minutes of trading on the report that boatloads had been taken at New York for export A good demand for cash wheat at several markets in this coun try also strengthened values value The mar ket closed firm May Ma opened 14 to lower at 96 to 96 sold at 9 59 2 and then advanced to 91 7 The close was at 97 The corn market opened rather weak I because of the break in wheat but soon rallied on buying by shorts and bulls buli and I continued firm for the remainder of the day Small receipts were one of the chief strengthening features feature The close was firm May opened to 8 lower at 60 to 60 advanced to 61 and closed at 61 Oats were ivere strong on active cash de dl demand d mand Offerings were wele licht lI ht and came mainly main I from holders The continued continue small receipts were the chief cause of ot the strength May opened a shade to lf 11 14 lower at 53 51 to 53 advanced to 54 Sl and closed at that point Provisions opened steady because of a strong market for fop live hogs hog but free sell selling sellIng selling ing of lard by bv local packers soon caused a reaction The market was inclined to tobe tobe tobe be weak for the remainder rem of the day At the close May pork was off 5 Ii lard lardas was as down and ribs were 54 lower futures ranged as follows WHEAT I Open I High I Low I Close May 19 97 July jOO 03 4 WY Sept rOO 90 CORN con I Open i High I Low I t Close May GO 8 61 July 59 Sept IS 59 OATS I Open I High I Low I Close May 51 i May ji 51 n 51 Jul July 04 4 tAs 5 July n 4 I 41 MESS Bbl i Open High I Low I Close May lay 1 1213 1212 1215 I 1207 Jul 1245 1245 I 1235 I 1237 Lbs I Open I I Low I Close May Ma 76 I I 77 75 July I I 7 O I SHORT Lbs I Open I Hi High h I Low I Close May j 66 67 I July 1 I I j I Cash quotations were as follows Flour Steady Wheat No 2 spring No 3 90 50 No 2 red 93 9 i Corn No 2 No 2 yellow Oats No 2 52 No 3 I white Rye No 2 SO 80 Barley Fair to choice malting 84 93 Flax Seed No 1 northwestern Timothy Seed Prime Clover Contract grades 1900 Short Ribs Sides loose 6 Mess Pork Per bbl 11 1117 Lard Per lbs Ibs Sides Short clear boxed Whisky Basis of high wines I Rec Ship lour Flour Flour barrels Wheat bushels Corn orn bushels OO Oats ats bushels 1 Rye lye bushels Barle Barley bushels 1 Coffee and Sugar New York Feb 6 The coffee market closed net unchanged Sales were report reported ed edof of bags including March at May day July Jub and November Spot steady stead Rio No Ner 7 6 4 Santos No 4 8 iI Mild steady stead Cordova 9 f Sugar Raw steady fair refining 3 centrifugal 96 W test molasses sugar 00 Refined Refuted steady I Wool Market I St Louis Feb 6 Wool Stead me medium grades combing and clothing 19 1917 I 21 light fine 1819 heavy fine tine 17 tub washed 2633 I Butter Cheese and Eggs I New York Yok Feb F b 6 Butter Strong 1 creameries extras 34 western firsts 23 do held 22 r Imitation creameries firsts Cheese Firm unchanged Eggs Easy western firsts 26 25 Chicago Feb 6 On the produce ex cx exchange exchange change today the butter market was firm creameries cr merles 33 dairies 2129 Eggs Steady at mark cases included 2122 firsts 23 prime firsts 24 ex extras extras extras tras 26 Cheese Steady 11 13 |