Show I I Financial and NARROW CIRCLE Of OPERATORS Dealings in Wall Wail Street at Present Confined to Small J Coterie of Professionals MARKET ALMOST STAGNANT CONDITION PARTIALLY ATTRIB ATTRIBUTED ATTRIBUTED ATTRIBUTED TO POLITICS New York Feb 7 Heaviness and al almost almost almost most total stagnation continued tho characteristics of all departments of the securities market today There was no evidence of any participation in lii the dealings outside the narrow protes professional Ional circle which trades habitually without regard to developments affect affecting affectIng ing tn properties the shares of which are arc bought and sold The prospect for tor grow growing growIng growIng ing attention to the political canvass and the fear oar that oratory and discus discussion ZIon sion at that time would turn largely on buses abuses of speculation and denunciation of the speculative world were the sub subject subject matter of much of the current talk in the tho neighborhood of the stock ox change and the fears of a repressive on business there was an element In the neglect of the market Another was the coming resumption tomorrow of If the detailed bank statement show 1 ing mg ng condition of the Individual banks which has bus been in abeyance ever since inc the decision to issue clearing house loan certificates at the time of the panic Additional importance Is given to this resumption by the beginning of week weekly weekly ly 1 statements of condition of other banks and trust companies in New York to be given out with the regular bank statement which will vilI commence to tomorrow tomorrow tomorrow morrow Another Important departure determined on by the authorities Is to supplement the statement in the former form torm of the dally daily average of the var Yar various ious bus Items of the clearing house banks with another form forni embracing the actual items at the close of business on Fri Frida Frida Friday da daThe day The statement of averages has been upheld by the banking authorities as a trustworthy index of the real condi condition condition condition tion but the vagaries caused in the end week showing especially by throw throwIng throwIng throwIng Ing over the effects of important opera operations operations operations of one we week k into another weeks showing have caused growing criticism j In the larger financial world The new system will supply the needed corrective corrective tive MUch more important as a source of oC illumination however will be the in inc c elusion lusion of the trust companies and out outside side ie banks s in the weekly reports of ot the banking position The Tue growth of the deposits of the trust com coin companies anies s of late years to a total almost as great as those of the clearing house members and the entry of those institutions institutions institutions more and more Into the field of actual banking business had made nade the theold old oH 1 1 clearing house banks hanks statement inadequate as a a true showing of the banking position Tomorrow 1 is to be besides the old ol form of statements of clearing house bank av 0 averages rages a statement of actual Items of members one on of the average of other Janks and all trust companies in Greater New York and an aggregate average for hr all the institutions AVith such a awe weekly we kl exhibit coming coining from the clear cleaT clearing ing hog house there will never neer be again opportunity for or confusion contusion or conceal concealment ment of the actual banking position in New ew York Cit City It is probable that some degree of final preparation for complying with the new showing has 4 entered into the weeks operations and andas andy y was as accountable for some closing up of loans and occasional weakness in se 1 which figured figure as collateral The few stocks which showed movement in market were influenced by special dal cial causes The contraction of ot operations In the bond market has become marked and the tone today toda was irregular Heaviness Heaviness ness hess In the New York City 4 s was as associated associated with next weeks proposed sale of a new Issue of more city bonds I Total sales sale sal par value I T States bonds were unchanged on taIl call all Stock Quotations Quotation Sales Sale High Low Close Adams Express ITS Amah Ama Cop 17 OO 48 4 t 49 C F P SW S 28 S ss Preferred 87 mn Cot Oil 1400 S 32 3 32 ti Preferred sj 5 A mn Express 18 WO V II H IL L pfd l 11 mn Ice lee II 11 1 Lin Oil 7 Preferred 24 Arun 40 16 15 J 3 31 34 Preferred sg nm S R It 64 61 64 4 Preferred 09 00 90 00 99 O 90 Ann Sugar R H 7 itO 0 O pM c crUC M 19 79 79 78 18 Ana In C Ceo Co 3 K 32 31 Atchison i mi 7 70 Preferred Iho o s 86 iG iGAt 6 At U Coast Line 67 61 B R 0 O 1806 82 2 SOU SO SO Preferred 8 Brook Rap Ran T 1900 4 4 4 SCan I an a Pacific RaC I M 1 14 fP I c of N J Jnes nes ps Ohio 1770 38 28 W Gt Cit West rest e 4 4 4 I IN N IV W 14 14 M r St SL P 11 C CT T T 5 Preferred 15 O l O C O C St L m no Jo o F I 60 fI O ISM lS 18 IS is 18 issi ISolo Polo Colo olo South ail aili 4 49 84 SI si 2444 i t preferred JOO 21 O 11 1 1 11 v d preferred 41 ton eon Gas HK 10 97 S 97 37 Torn rn Products WO O 12 1 11 IH 1144 11 I Preferred gO 00 gODel O SO eo O SO W Del DeI Hud MOO D L AV AVD V DO DOD D R Th G JOO 0 O 18 UI 19 19 Preferred 58 Dist 31 lh Frie Fr 14 IH 14 14 st preferred roo 00 O 3 i 28 9 59 2014 d preferred WO fO Hi 20 2044 o oGen OV OVlen Gen len Electric Ills Central O ISSn IS 1 16 Inter J Paper lO OO M 10 10 1 li 18 Preferred 00 OO 61 W II SO iIO O Inter Pump 1 19 19 1944 Preferred 67 Iowa Central 11 Preferred K C Southern 20 00 Preferred Louis Nash Nashi 5 96 95 Mex Central mi 18 1 17 M 1 St L 11 00 23 3 23 31 44 23 M 11 St P Sault Ste M 11 32 J Preferred Mo Pacific 2600 1600 K 4 41 Ii jl 1 M r K T 1 1600 tia a l S1 21 Preferred u K 55 55 5 4 National Lead LeaI SO 00 38 SSi 38 f Nat R R B of ot M 31 preferred 31 11 N Y Central 2100 99 96 4 95 4 95 J JN N Y O 0 W AV OO 31 31 31 Nor West AVest 1809 1800 65 63 64 1 Preferred M SO North M 54 Pacific Mall Mail 26 d Pennsylvania I Peoples Gas 85 85 I 83 P C C St L 69 68 Pressed S Car 91 Preferred 74 74 4 73 lJ 3 Pull Pal Car liS Reading r 99 99 1st preferred 88 preferred OO 00 76 76 6 6 Steel Iti 1644 Preferred ZOO OO 67 67 61 4 68 Rock Island 11 11 ll 1144 I l 11 1144 Preferred BOO 24 24 t 24 t 4 St L San F Fd d preferred 25 24 t 1 24 St L S AAl t 18 73 Preferred 9 Southern Pac 70 IU 71 Preferred 1200 jio j So Railway 1044 1014 10 1044 Preferred Si 38 tf t 32 3 Tex Pac 19 19 18 4 18 T St L W AV 14 14 Preferred 34 4 34 31 34 aV Union Pacific Preferred 00 83 1 U S Express 99 9 U S Realty 36 6 U S Rubber 19 1944 19 Preferred 2 so soU soU U S Steel 28 37 27 i 4 iti 13 Preferred iO i 91 91 91 Va Car Chem Chern 2 jJ l 1744 17 1744 17 Preferred 90 Wabash 8 2 8 Sn su Si S SiVells Veils Fargo oo 00 Elec 00 40 49 40 40 to West Vest Union 53 ss 55 s 55 i iV AV V L E 54 Wis Vis Central 1614 Preferred 36 35 3 r Nor Pacific 1600 1 I 1 Cent Leather foo O 17 1744 17 11 1744 17 11 Preferred 31 O 89 82 s si 81 Sloss 00 39 35 39 33 Gt Nor pfd Inter Met 00 74 7 4 7 i 7 Preferred Total sales for the day shares BANK CLEARINGS New York Feb 7 Bradstreets bank clearing reports for the week ending Feb 7 shows an aggregate of or as against last week and In the corresponding week last year ear Canadian clearings for the week total 69 as against last week and in the same week last year ear Fol Following Following Following lowing IB is a list of oC the cities I Amount I Inc I Dec New York Chicago 1 I Boston I 22 3 Philadelphia St Louis 12 I Pittsburg San Francisco j Baltimore i Kansas City 62 Cincinnati Ii New Orleans OO 46 Minneapolis 2441 I Cleveland Detroit i 1 Louisville 1 IO I Los Angeles Omaha f 6 lS 18 Milwaukee I Seattle j 01 St Paul i Providence 1 98 Buffalo I 98 10 Indianapolis I Denver I 32 Fort Worth orth f 48 Richmond izi Albany Alban Washington Va hinton 1 I SALT LAKE CITY Portland Ore Or 71 Columbus Ohio 1 98 St Joseph Memphis 60 fIO Savannah j 3 97 Atlanta 1 39 Spokane Wash AVash ash 11 Toledo Ohio 76 Tacoma Iacoma Nashville f Rochester 39 33 Hartford Peoria 34 t tD D Ds s MoInes 2 I Norfolk 1 New Haven I 92 Grand Rapids is 6 Dayton Portland Me 13 Sioux City i 67 Springfield Mass Maes 86 Evansville Birmingham 1 s sS 5 Syracuse S Augusta Ga 38 Mobile I I 82 Worcester orce ter 96 Knoxville 12 Wilmington Del 18 Charleston S C 38 Chattanooga 1 O Jacksonville Fla Iola t f 00 AVi WI Wichita I 1 30 0 I Davenport t Little Rock i 1 39 Wheeling heeling AV W V Va 1 19 0 Fall River 11 56 Kalamazoo Mien lIeh 1 01 Topeka 1 6 67 7 Springfield Ill I 76 Helena Fort Wayne ayne lad f New Bedford Lexington 1 Youngstown 6 Erie Brie Pa Macon 1 64 Akron i 22 0 Rockford Ill III 49 Cedar Rapids Ia la j 1 S1 Cheater Chester Pa j S 64 4 Fargo Falbo N D ID I Lowell t 1 1 I 55 Canton Ohio 1 51 Bloomington ton IlL 97 South Bend lad Ind In 1 Quincy m III 34 Springfield Ohio i Sioux Falls S D Mansfield Ohio I 1 1 33 9 Decatur Ill III Fremont Fromont Neb Jacksonville Ill III it 1 I 48 46 Lincoln Neb tO Oakland Cal CaI Oklahoma I 1 Houston j Galveston 4 tG 46 6 CANADA Montreal J 75 Toronto Winnipeg lQ I f 9 Ottawa Vancouver B n C 33 32 Halifax 1 54 51 Quebec Quebe 71 Hamilton St John N B BLondon 1169 London Ont 6 Victoria B C u 1 51 Calgary Calgar 7 Edmonton I Not jt included in iii totals because com corn comparisons are incomplete Not Included in totals because contain containing containing containIng ing other Items than clearings Metal Markets New York Feb 7 London tin market was lower today with spot quoted at and futures at The local market was easy but unchanged with quotations ranging ran from 23 00 Copper was as lower with spot quoted at 61 and futures at 61 lOs In tho the London market Locally the market was dull and unchanged with lake quoted at 13 37 electrolytic Uc at 1337 1362 and casting at 1312 Lead was at 14 l Sd In London and at 37 locally Spelter advanced to 20 lOs in the Lon Len London London Lendon don market but was quiet t and unchanged at f locally Iron was unchanged to ld 1 higher In the English market with standard foundry quoted qu ted at and Cleveland warrants I at eRs d Locally the market markot was tin un unchanged changed No 1 foundry northern 1875 No 2 No 1 northern and No I 1 northern soft Money Silver Sliver Etc New York Feb 7 Money on call 2 per cent ruling rate 2 closing bidI bid Hi offered at 2 per cent Time rime loans quiet sixty days 4 per cent ninety days 4 to 44 per cent six months 4 per cent Prime mercantile paper per cent c nt Sterling exchange steady with actual business in bankers bills at for demand and at for sixty day bills Commercial bills 8 Bar silver 55 Mexican dollars 46 Government bonds steady stead railroad bonds irregular Treasury Statement Washington Feb 7 statement of oc the treasury balances in the general fund Cund exclusive of ot the gold re reserve reserve reserve serve shows Available cash balance gold coin and bullion 46 ite gold certificates REV REVIEW OF TRA TRADE D E Perceptible Progress in the Direction of Improved Conditions New Feb Dun Cos Weekly Review of Trade tomorrow will say sa Little change appears In the commercial situation but progress is in the right di direction direction direction in so far as any difference can be discerned Recent gains are maintain maintained ed in almost every ever instance and und a few further encouraging symptoms appear no notably notably notably tably the smaller decreases in railway earnings and larger forces at work in leading industries Wholesale and jobbing houses prepare for the future most con conservatively conservatively Mercantile collections are arc ir irregular Irregular irregular regular some districts reporting fairly prompt settlements but at other points point payments are slow On the whole the iron and steel industry is in a better position than a week ago ag although new contracts are arp placed with much caution and each order Is the ob object object object of extensive negotiations Business that appeared several everal weeks ago is still pending and buyers bu have hae been able to secure small quantities of pig iron at fur further further ther titer reductions LIVESTOCK MARKETS Kansas City Feb 7 Cattle Receipts 2000 steady native nathe steers 4 na native native native tive cows and heifers 2 stockers and feeders bulls 27 calves cales western steers western cows Hogs Receipts market Sc lower bulk of sales heavy packers pigs and lights 3 market steady muttons lambs range 4 tied fed ewes t Chicago Feb 7 Cattle Receipts about steady beeves cows and heifers 17 Texans T calves stockers and feeders Hogs Receipts about weak to Sc lower lights mixed mix d heavy rough t pigs pig bulk of sales I Sheep Receipts about market steady natives westerns yearlings lambs westerns Omaha Feb 7 Cattle Receipts 00 steady stead native steers cows and heifers western steers nI Texas steers canners stockers and feeders calves 25 bulls bulIt and stags Hogs Receipts market low lower er heavy t 45 mixed light pigs pl bulk of sales g Sheep Receipts 8 WO steady tead yearlings yearling 5 90 ewes eves lambs Butter Cheese and Eggs New York Feb 7 Butter Firm creameries held second 1 to special 26 32 Chees iI Firm unchanged Eggs Easy firsts 25 seconds 2424 24 24 Chicago Feb 7 On the produce ex cx exchange exchange change today toda the butter market was firm creameries 2333 dairies Eg at mark cases included 21 1 ti firsts 22 2244 t prime firsts 23 2344 J ex cx extras extras tras 25 2544 1113 I Coffee and Sugar New e York Feb 7 Coffee Coffe Futures closed quiet net unchanged to five points lower sales were reported of bags including February March De Dc December December cember Spot steady tead Rio No 7 61 Santos No Xo 4 8 S Cordova steady stead 9 13 Sugar Raw steady fair refining I centrifugal 96 test molasses sugar suar Refined sugar stead steady Wool Market St Louis Feb 7 Wool Steady medi medium m di urn um grades combing and clothing 19 light fine heavy h av fine Cine 11 67 tub washed GRAIN AND PROVISIONS Chicago Feb 7 The wheat market was strong all day with the exception of at f slight Blight weakness at t the opening due d e to enormous shipments from Argentin to total total tal titi shipments for the week from that country being bushels In excess of ot last weeks shipments Several of the leading commission c houses were active bidders for tor wheat and shorts covered freely Creely Demand continued active all day and prices steadily advanced A strong market for wheat at Winnipeg and the report that the Canadian gov government government government had bought nearly nearl bushels of American wheat for seeding purposes were wore the principal bullish in influences influences The market closed strong with prices near the high mark of the day May opened unchanged to c lower at 97 91 to 97 advanced to 98 8 and closed at 98 The corn market was strong all day Bull leaders were active buyers buers all aU day and the selling was chiefly by longs The small movement constituted the main source of oC the strength The close was strong and nd near the highest point May Ma lla opened unchanged to He c higher at 61 4 to Gic advanced to 62 6 and closed at SiRe c cOats Oats were firm all day because of ot good demand from bulls The strength of wheat and corn corn augmented the bullish strength May opened 44 to higher at 54 to 54 advanced to 54 and closed at 54 c Provisions were rather weak because of oC liberal receipts of oC live hogs at the stock stockyards stockyards yards ards and at other western packing cen centers centers centers At the close May pork was off oft 74 lard was down 2 c and ribs were Sc lower Leading futures ranged as follows WHEAT I Open I High I Low La I Close May 97 t 08 97 9 July 8 I Ot 4 9 Sept 90 00 91 0 91 1 CORN CORNI I Open I High I Low Lew I Close May 61 61 l July 59 60 Sept 58 9 i 59 OATS I Open I High I Low I Close I IlIa May lIa 54 54 I May nl r 21 i I July o 40 4 1164 4 16 July Jul n 44 44 |