Show Z TOCKS IN N JAST frice k Co Failure a Leading L ading Faure 1 J It THE THE h JS D OFF j v BEADING EIG IS ELY CLOSING OP OF THEIR THEEB ACCOUNTS b t Steel and Other Oter Le Lines Are Affected Sugar Is Active and ad Declines Decies on Speculative Operations Standard on Sells Sels at the Highest Price on Record ecord a New York York May 24 Interest wa waa wa further constructed in the stock market this morning mornin and ad the market had ha fallen rallen new near ne to the point pint of o 0 stagnation when premonitory symptoms symptoms began b to appear aper of on the t part of some tive interests The market sold ld off on o sharply on a larger lager volume of dealings than tan for tor some ome me time past This Th was WItS ex cx explained soon after noon by the announce announcement nent ment of ot the suspension of Price Mc tIc Cormick k Co which was waa made first on the cotton exchange and soon after atter afterwards wards from the rostrum of ot the stock ex ox exchange exchange change Acc Acci rung ding to the rule of e s o change h the suspension was followed by the closing out of outstanding contracts of ot the suspended on the of ot the exchange The rest of ot the day w was practically devoted to this selling and I buying under the rule other operations being almost entirely given over The dealings for lor the firm s account footed up to fo shares before the thet tb close A heavy outstanding short account was evidenced in the settlement and the th movement of ot prices resulting re was ex ox exceedingly confused and irregular In Inmany 1 many any stocks stOG stoc u for tor which h there was little demand the forced sale caused ed sharp de declines dines clines and the active list was one time Irom one to two points off from the rest The steel s el stocks were also much There were recoveries re from the theoWest lowest t prices tend and i nd the closing while al almost alm most m s stagnant showed the net losses in lit inthe Inthe the railroads generally reduced to frac trac fractions tractions I rae C The failure was practically due to com corn commitments commitments in cotton and the violent de declines declines clines dines in that tha t staple of ot the last two days was the cause of ot the firms difficulties Sugar con tinned d the most moat active tock stock in hi the Ute market and moved in a feverish and erratic manner all day Its extreme net decline was 2 i points and its It i loss on the da day is 14 l points The rho movement ment of ot oti the st k was not accompanied nied by any ny nyI i news aid d seemed purely speculative in I character The steel stocks Were ere depressed by the rather discouraging view ex ox expressed pressed Pleased by the Iron Age ot or prospects in II inthe Inthe N the trade that authority advising a sharp curtailment of ot production Rates for tor money continue very easy ecy In view of the foreign exchange situation and outward movement of gold goki much in interest interest interest terest attaches to the question whether I Liverpool will buy cotton heavily after atter days t severe break braak while the Liverpool I exchange was closed for a holiday A feature of the day was a sale of Standard Oil in the outside market at 66 66 compared with i 50 yesterday which vas then th t j highest t price on record The bond market was dull and changes S were Total sal sales saiM s par value United States old 48 advanced 6 and the TS is new coupon and coupon fc V and the g 4 in the bid price I Bond Quotations TJ If S when iN Y C Is issued N J C gen IT U S 2 z reg 99 No Carolina T r U t S 3 reg No Carolina Car Una U S ts Is coup V a Nor Pac 67 V T S n 48 re reg INor Pac TJ U S n 48 co jN tN Y T C St StU StU U l S old 1 L 10 10 TJ 17 S old 48 Norfolk W IV WU U p a S 58 reg consol 48 9 District 3 e Norfolk W Atchison gen general Ge ISO Atchison Nav Nay Is Can edno South 2 l jOre Nav Nay 4 Che Ches 43 99 O 0 S L to 12 Ches Cites Ohio O 0 S L con C N con Reading gen 48 88 8 C e N S F K R G W Is Ia IB 0 deb 58 St L Iron M Chi Term 48 96 consol coned Se 58 D R G Is St L San F FD FD D R G 99 general 1244 E T Va St Paul cons 1704 Go Gl Is St P C P Erie Ene gen 71 St P C P F Fort tort Worth Standard Rope Den City Is 72 74 Twine 68 71 jl Gen 5 ta Tenn n a its 16 J G H S A Tex Pac Pa G H S A Tex Pac H T C IC C S H lL T C c Co kIlO Wabash Is ks 11 11 la Ja Central l Wabash 2 10 1 K C P G Is 71 1 West V Shore La n con Wis Cent Is 18 T TL 79 L N Uni Vir Cent 73 M K T 28 fe deferred 8 K K T 48 93 3 ISo Pac s 83 Stock Quotations Atchison h s 8 Preferred 0 Preferred 21 Bait Ohio 7 Wheel L li 1 9 Can Pac Second Can South 12 Wis Central 16 Ches Ohio Ohto 27 Adams Ex Chi CM Gt Qt W WC U 12 American Exu Ex O OC C B Q QI United States 44 C I 1 L 23 argo Preferred 2 Am Cotton Oil 34 31 C e E I I Preferred v u uChi 90 Chi I Am iAm Malting 3 G 3 GC C R B R I I P Preferred 21 C C C St L 58 f Am S SR R 37 Colo Cob South 6 I Preferred 39 89 First pfd pM 42 Am lAm Spirits 2 Second pfd Preferred II 17 1 Del Steel Hoop 20 D L 1 W Preferred 69 D II R G Am Steel W Preferred u 67 1 Preferred 73 j jErie Erie 11 Am m Tin Plate 22 2 First p tl Preferred 74 4 t Gt Gi Nor I Am Tobacco 92 2 Hocking Coal 15 Preferred 12 I Hocking Vat Val M C 41 Illinois Cent ent m K lL T 71 70 la Ia Central Cole P F Iron Preferred 95 Con Can Tobacco 24 Lake Shore Icon Preferred L Ie N 79 Federal Steel Manhattan L l Preferred Met St By Ry Gen Electric Mex Central 12 U 1214 Glucose Sugar 46 46 Minn St L 61 Preferred Preferred ed ed l Paper Pap Pap i t Missouri Mi Pac Pat W t Preferred 64 k Mobile Ohio 40 I Laclede cl de Gas m 18 II 8 M 21 K T at Biscuit 29 Preferred r Preferred SO 80 SON N J C Nat Nat Lead 19 N K Y C Preferred Ii Norfolk W z Nat Steel Preferred 77 Preferred 86 Nor Kor Pac W N Y Air B Preferred American U 1414 o W WO Y 21 Pacific Coast 47 Ph O 0 H R N 42 I First pfd SO 80 Pr ed 76 7 Second pfd phi 57 Pennsylvania Pacific Mail 29 8 14 1 Peoples Gas Ga 9 First pfd S C 43 Second pfd Preferred 76 St L 16 Sn Sen F P C ISO First pfd f 1114 Stanord Rope Second pfd pL k Twine J Bt St L VIi Swe Sweat t 11 Sugar Su ar 1 Preferred 27 l Z i t Preferred Ill St Paul ll Tenn T D C It I 13 73 Preferred Pr 4 L t S Leather 73 St Paul 0 I Prefer I So Pac Pe ac Jah 33 3 U L SI S I er erSo 25 i iSo So Railway 12 d t 94 Preferred 54 Western Union 79 Text Te Pac 1 16 R H I 1 1 S 14 Union Pac Par 53 Preferred 56 Preferred 73 P C C L 58 |