| Show REACTION l IN INWALL WALL STREET 11 Market Spotty and Irregular and Inclined to the Back Track RUSH BUSH OF SELLING ORDERS THOSE IN CONTROL CONCLUDE TO PAUSE AWHILE New NeA York Nov Xo 16 Mixed views over the speculative outlook found th their ir reflection in the spotty and somewhat irregular tone of the tte stock market today The contents of letters Ietter and circulars from stock commission show the growth of conser conservatism conservatism in that element due to the ex tnt tint and the rapidity r of the advance in 11 prices which has occurred since the tho election Point was given to this ad advice advIce vice by the reactionary tone of the tho at the close of last week The result was as the receipt of a fair volume of oC selling orders from outside sources th the opening of the week These The e selling orders came from abroad as aswell aswell aswell well The origin of a good part of the th foreign orders was ascribed to Gr Ger Germany Grman many man where the agitation over the kaisers course was said to be a dis disturbing disturbing factor futor This early decline which these sell seU selling sellIng ing orders caused gave place to re recovery rover covery later Th The upward movement wa a constrained fd f d languid by com corn comparison comp parison p rilOn of ot last weeks vigorous move movements ments and the th prominence of ot stocks of ot L minor grade ir i th rise left It with Jess tM com in pou l power r on sentiment nt to toward toward ward them vii when hen thy thoy th y sought t to rem rt by brining bringing forward the i r ri J i r iks jt it v Tas as evi evl dent that they were not so readily moved as was the case last week Specific reasons rea ons for tor the check to the speculative accumulation were not clear It was based apparently more moreon moreon II on the general consideration of the ex extent extent extent tent to which distribution had been going on at the high level of prices and the suspicion that with such distribution distribution distribution tion effected the market would enjoy less Jess care from the powerful interests which have had it in control through the th and up to the time of the election el The court decision that the American n Tobacco company is in violation of ot the Sherman antitrust law is receiving closer attention and the further r study of at its contents intensifies the impression Impression Impression sion of or its wide scope and aid the sweep ing application It must have to all the great corporate formations More at attention attention attention also was given to the ques quel question question tion of tariff revision and its Us probable bearing on business activity and on special interests News of the govern government government government ment suit to collect back taxes from the American Sugar Su r Refining company awakened that stock A decline In General Electric was traceable to re report report report port of the orders received and the vol volume volume ume time of ot sales of ot the company for the third quarter of the year showing so 50 large a decline from the corresponding quarter for recent years cars as to dampen enthusiasm m Tills Frills report also was wa pub published publIshEd last lat weeK iveel wee but was without ef et effect effect until today United States Steel continued to struggle against the con consideration consideration of the rapid rate at which it has already risen and the statement of its president that tie the t e present rate of ot activity had grown only to 60 per percent percent cent cen of capacity Another reduction in the quotations for copper at the New York exchange and a n severe decline in the price of London copper warrants were accompanied accompanied by admissions from some of th the large interests in trade of a lull in de demand demand demand mand from domestic consumers The fact of this admission as much as that of the decline itself Itsel inspired the feel feelIng feelIng Ing that the tile large Interests back of ot th stock market were prepared to coun countenance countenance countenance a reaction Bonds Bond were Irregular Total sales par value United States advanced 4 per cent centon on call Stock Quotations Amal Ama Copper 86 8 i 85 85 Amer C F 2100 47 4 46 47 Preferred 10 Amer Cot OH on 2200 37 35 35 33 4 Amer H L 00 27 7 27 Z Amer Ice Sec 5 26 25 2 14 Amer Linseed i 13 1214 Amer Loco 2800 56 56 16 6 Preferred no no Amer S R 9 95 Preferred 10 10 lOi Amer Sugar Amer Tob pfd COO 91 93 1 Amer u 31 31 Ana Aria MIn Mm C 52 2 61 lil 51 AtchIson 96 95 95 9 Preferred 99 SS 98 Atlantic C Line ZOO 00 10 10 Baltimore Ohio 10 10 Preferred 90 O 90 90 50 Brooklyn R B T 57 7 53 5 8 Can Pacific 2800 1773 i Cent Leather 30 29 Preferred 1500 15 Cent of N J T Ches Ohio 46 45 4 45 4 Chi Gt GL West 12 1014 10 i 12 Chi 1200 1 M 31 St P Its C C C 8 St 81 L 1300 69 67 67 Cole Colo F Iron 40 39 40 Colo Cob k South 2800 46 45 46 1st tat preferred SOO 00 63 53 69 63 69 preferred 63 63 6 63 Con Gas Corn Products 2100 19 19 19 Del Hudson lIT 1771 1771 D DILG R G 2200 34 32 32 Preferred n 77 77 Tl 76 Dis Db Sec SOO 34 34 H 34 Erie Erle 33 35 H 34 i 1st preferred 1400 49 49 preferred 1600 1500 40 10 39 i 33 39 Gen Elec 2000 1561 Gt North pfd Ul 1 do Ore 74 73 3 73 Illinois Cent C nt 1 1471 14 liS Inter Met 14 13 13 Preferred n 35 3 36 Paper 12 11 1101 11 Preferred 58 58 57 Pump 1200 33 32 3 32 Iowa Central 2000 30 29 30 K C South 1400 30 30 30 Preferred t 64 1 63 3 Louis Louts Nash 00 11 11 Minn 8 St L SOG 45 43 Wh tt M MS S P g 8 S S M 1400 Missouri MIsouri Pacific 62 62 i 62 6 62 M IL L K T Tou 36 3 Preferred 1200 oo 69 69 69 National Load Lead SS 85 83 84 N Y Central N Y T O 0 W Y 2400 44 44 44 Norfolk West 1200 10 84 sa 83 North Amer SOO 73 72 73 3 North Pac Fac 1 Pacific Man Mall 31 29 31 Pennsylvania 1500 Peoples Gas 1400 P C C St L S 87 87 Pressed Steel Car 1600 40 4 39 40 Pull Pal Car In Ry Steel Spring 1300 45 44 45 43 1 Reading i 1381 I Republic Steel 2600 28 28 Preferred r 2200 89 88 88 SS Rock Island Co 23 22 22 21 Preferred 2000 50 49 49 4 St L S F 1500 l OOH 34 33 32 3 33 St L 21 Preferred 1200 53 52 53 Sloss S S I 1 80 5 so 3 SO Southern Pac 11 Preferred roo s n LO Southern Southen Ry fly 26 25 25 2 Preferred SOO roo ro 60 59 53 59 55 Tenn Copper 52 5 49 9 50 Texas Pac 32 31 I T St L W V 36 35 Preferred soo 61 60 CO 60 6 Y Union Pacific 17 1911 Preferred 97 97 98 96 U IT S Rubber 1000 35 36 3 33 35 35 1st preferred U S Steel 38 ss 57 5 Preferred lU 1141 11 Utah Copper 45 j 48 43 43 4 43 VIr Car Chem 1000 1600 39 25 33 39 Preferred I u ii Wabash 1200 15 14 H 14 IH Preferred 2700 33 33 2 33 West est Ele 1600 92 Sl 91 81 91 West Union 1700 63 6 64 64 i Wheel L E 11 n 11 m 11 Wis Central roo 30 23 2 29 Amer T T Total sales salM for the he day da shares Metal Markets ets New York Nov OY 16 There was a very severe break in the London Londo tin market today with spot Quoted at and futures at lOs IDs The local market was easy in consequence with spot quoted at S Copper declined 5 Gd In London with spot closing at nt 63 68 Ss and futures at 04 64 23 Gd 61 The local lecal market was easy and a shade J w r with lake quoted at 1425 1450 electrolytic at 5 and cast castIng castIn Ing In at Lead Lend was a shade higher at 13 fid Gd in London The local market was quiet and unchanged at Spelter advanced to 20 Gd In Lon London London London don The local market was quiet at 00 I Iron was lower In London with stand standard standard standard ard foundry quoted at and Cleve Cleveland Cleveland Cleveland land warrants at Locally the market was unchanged No 1 foundry northern No Xo 2 No o 1 I southern and No 1 southern soft 1 Money Silver Sliver Etc I New York Nov 16 Money on en call easy 12 HU per cent ruling rate closing bid id ld and offered at 1 H Time loans dull with firmer tendency CO 00 days dars 33 per cent 90 W days 3 six months 4 Prime mercantile paper 44 per cent Sterling exchange steady with actual business in bankers bills at for tor 60 day bills and at for demand Treasury Statement Washington Nov Kov 16 of ot the treasury balances in the general fund exclusive e of gold reserve shows Available cash balance n gold goldcoin goldcoin goldcoin coin and bullion bullon gold sold certificates cates Butter Cheese and Eggs New York Nov 16 Butter Steady creamery specials extras 29 2 c thirds to firsts 20 held sec see seconds seconds to specials 2 C western factory firsts western imitation creamery firsts 2 Chicago Nov On the produce ex cx exchange exchange change today the butter market was steady creameries dairies 19 1 Eggs Strong at mark cases caes included firsts prime firsts Cheese Chees Steady St dy to firm Wool Market St Louis LouLs Nov No 16 Wool Firm medium grades rades combing and clothing 1 light lightfine lightfine lightfine fine 16 heavy fine tub washed 25 Elgin Butter Elgin Nov 16 Butter Firm sales for the week pounds GRAIN AND PROVISIONS Chicago Nov No 16 lt Following a slight ad advance advance vance ance at the opening the wheat market was weak the remainder of the day pit traders in general being disposed to sell Offerings however were held in check to some extent by continued dry weather in inmany Inmany inmany many parts of or the winter wheat belt and by b a report claimed a 20 per cent decrease in acreage this year ear in Kansas compared with the previous year There was no evidence of or selling by the leading longs and trade tra e during the greater part port ot of the session was wa quiet The chief reason for the tile selling pressure was the continued free movement of ot wheat to the northwest northwestern ern era and southwestern markets Receipts at Winnipeg today were 1203 1303 cars cara against the corresponding day last year and those at Minneapolis and Duluth were also liberal At Kansas City and St Louis the arrivals were we more m r than double those thoe of ot last year The total absence ot flour Jour trade added to the th weakening of the mar market mark market ket k t The close was weak at almost the lowest figures final quotations on Decem December ber her being and May lay nt at Corn opened firm with wheat but soon so weakened on and continued contin ed weak the balance of the session Prices cc at the sample ample tables Vere were half halt cent and eastern demand was very slack The Thc close was weak at the lowest point with December c lower at May closed at 62 c cOats Oats displaced ed moderate weakness in ins sympathy s with wheat t and corn Demand for tor cash oats was slack and prices at the sample tables were steady at halt half cent lower At the close December was c lower at c May closed at c Enormous receipts of live hogs at west western Western ern era packing centers caused weakness in provisions early At the close prices were 2 lower to 2 higher The leading lead g futures ranged as follows WHEAT WH AT ATI I Open I High I Low I Close Dec May la 7 l 1771 un July Tuly t CORN CORNI I Open I High I Low I Close Dec t J 62 62 May lay 63 62 S July 62 l 1 62 61 61 vi OATS I Open j i HIgh I Low I Close Dec 49 49 May 51 1 1514 July T u h 46 45 61 46 MESS ESS PORK Per bbl I f Open t r High I Low i Close Jan 1590 1500 I 1610 f 1 15 issi 1590 90 1602 May a 1007 I 1620 16 I 1 16 Oi 04 I lat LARD Per l 10 lbs Ibs I oi I Low I Cl S Jan t I May I 9 I I SHORT SHOR RIBS Per Ibs lbs 1 I Open I High I Low I Close Tan Jan I 84 I I I lay I 1 85 Cash quotations were as follows Flour Steady sprIng 1 No 3 93 OO No 2 2 6 o 65 No 2 yellow 67 t ats No 2 white 51 NL NI 3 white l Rye No 2 74 Barley B Good feeding GS 59 fair to choice malting ro Flax No 1 northwestern I Timothy Seed Prime Clover Contract grades Short Ribs Sides loose 8 75 Mess Pork Per bbl It H Lard Per lbs Ibs Short Clear boxed OO I Kec Itee IShin t Flour lour olour barrels 67 lW Wheat bushels JOI 2110 Corn bushels I Oats bushels ls Rye R e bushels Barley bushels LIVESTOCK MARKETS Chicago Nov Receipts about 4 market lOc We to c lower beeves 50 Texas steers n stockers and feeders cows and heifers calves alves 5 Hogs Receipts about lower light mixed heap heavy rough 5 good tood to choice heavy pigs 37 bulk 5 Sheep Receipts about D ro market lOo bc to lower natives weste we tern ternI yearlings lambs I western estern 3 W Kansas City Nov Noy 16 Cattle Receipts market lOc to lower stockers sto kers and feeders bulls 2 75 I calves cales 75 western steers 5 western cows lOc to lower Jower bulk of sales ules 5 heavy i packers and butchers light pigs Sheep Receipts weak muttons lambs 4 10 range ers fed Led ewes Omaha Nov steady cows lower native seers cows and heifers western steers steer Texas steers 3 44 40 cows and heifers canners 1200 stockers and feeders 2600 calves c ves 5 bulls and stags Hogs Receipts market Co to lOc be lower heavy hea mixed 60 light pigs bulk of ot sales salM Sheep Receipts 18 00 market steady stead yearlings ewes lambs See America First See other places if I you will but you cannot expect the greatest satisfaction satisfaction satisfaction tion 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