Show BANK STATEMENT J 1 t CAUSED DECLINE E Prices roes Started Stared Out Well Wel in W Wai Wal 1 Street Yesterday SOME HEAVY TRANSACTIONS STOCKS HAVE GAINED DURING THE WEEK New cew york Verk York Sept Sp Tb T re were v vr r ry heavy tru eton today to in a number e 8 ethe t the most mot prominent active iwko t on eu O t tM th n list This business bune looked like Uk an n acU absorption of ot these issue IUN That the th he of or offerings to t realize were quite strictly atnel com curn cm mm urte 1 I Il Ux by b those the transactions at U the th end ed of the thel th l hort ort M ion elon The majority of ot these th wed losses 10 That a large distribution of rf f holdings was wa effected is S the Bion RI created crete The movement w w warn irregular Irr ular Tiar lar but hut price advanced with some iome me ag at before the appearance of or the tin lank bank statement stat ment on the supposition that it i F ouId make a favorable showing Tin The he dosing closing cl tendency however was waa al easy eKy ei Tin The bank hank statement showed a decline in n re ryes about about as ai large lara la as a the extreme pre preliminary pre estimate The contraction in the tin loan item Ie afforded the necessary nee r relief reler and afforded a aT from the deposit liability afforde M T increase aa in hi the small smal surplus re reSi re Si S Large arrivals of gold In i London Lono were wr aU all secured s in the open market for fot ex ax export port rort and cure this had lied a A depressing effect on oi onCi Ci in London It I could not be b b learned barned that any an i art of ot this gold col was wa w taken for New York The rte movement is 18 isIo Io hiked ked upon a li aa likely to increase the Itty of or an advance advant next week In lit the th rT Wk i of ot England discount rate The Th demands to be b met by the money next week w k meantime are the ground for tor to toom somo om apprehension Total als 18 of ot honda bonds par value alue 0 Stocks have made headway this tini week weel against the constraining influence of the tin i doubtful money outlook and 01 some me of or the I T immediate developments in the money mone have been towards relief of o the tin drain Irain upon un banking reserves It I is very vera noticeable that the movements movement haf been ben in tocks stocks tok in which the exist fn p of speculative pools is notorious or er orn 0 n 1 stocks in which are readily susceptible to tl t manipulation by reason of ot small email float floating fot ing ing supply in the market Much use us has ha ha been made matle also als of vague arid add unconfirmed mrs t 1 of ot deal deals and antl vage of old reports report revived r having already exerted a marked marke influence on prices price of the th stocks atoka affected d some tim Um eago Tide This has given the im nr that the participation In the deal dealings ings was wa wal that tha of professional operators operator to toi toI td I i L large extent Commission lon houe heu s in tad fact t to complain of light business and that the general DubUe persists ner t in hi holding aloof The money situation romaine remains rema is the only on onI I drawback in the general outlook Advices all al other sources are of ran tar ar prosperity which scarcely call can for to Railroad traffic is Ii I ef of 6 un unparalleled n paralleled volume A buying rush is h ish hh thi h term used to describe d J the iron irn situa jm Railroads d are placing enormous or orT orS T rs r S foi fo various kinds ot of lel The urae ursa of the week has haa ha resulted in hY noth k c unfavorable to the progress of Ute the ther th r f ps r The firm undertone of the stock stok i ii TS ket is Ia I abundantly explained by this thil Mt nation Th bond market has ha ha been beau ben dull dul but has hail mired the firm undertone of s a T r nite Stat atee M tm s have lue declined deine K 3 per pr during the th week Bond Quotations T r 1 S ref Sa M K A T r rpt tf I pt o coupon cop J Western etem T Y S 3 3 r g 1 ia 4 Do to 8 2 87 Do 10 coupon 10 NaU R it R ft of 1 r S s n i 4 4 reI reg 11 Mex tx eon 01 1 I lo Do 0 o Ul Jt N Y Cent Cent gen sen general f 1 l S o reg eral oral 3 tt Do 10 D coupon Hit a N J Cent Cent gen gan general e m Tobacco Tol 4 eral erl erl 5 rt 7 l N Ncr NAr r Pac Pae Pc 4 A m Tobacco i s Do 3 3 77 ii 1 11 Nor Western ten Ath Uh gen geli 4 1 consol 4 4 Do to AdS Acl 99 9 9 Ore Or Short Sort Line Lin Li Linet C t Line JAne 4 l 4 J RH 48 Pa P cony 3 l e Do 3 97 t Read Red gen sen 4 4 1 0 f C of f Ga tie 5 St L L I 1 I Mt lH Do 1st Inc Ine IncHo 1 ii consol cN coned Se I U UDo Do Ho d Inc 8 St 51 L Jk I S S F Cbs A O 0 1 I fg fe feC f 4 r C A AItO Alo i 31 St SL St L S W V eon e i r f IJ n Q n nC J lO sol sul alb l lP is S C t P R I P PR I SeaM A L L 91 r R fl R R 84 1 1 So Pac Pee 4 ati Do eel 01 5 5 f So S Ry f t C C C I St L L Tex Tax A Pac 11 Ic 12 l 1 general i 4 1 Toledo St 51 L LU Clue Chic Chic Term Tarot Ten U P 4 Colo olo Mid Jd i I IC Do eons eon 1 Colo 01 So 45 I T r s S Ste Stel Steel l d k kuba tJi Cuba uba MI ih 3 Cert 1 Is IsDo 1 II D 1 R B R O U 4 l i Do Deb Dab B 7 Pistil Distil Distl 1 i H Wet West Wet Md 4 1 FHe p 1 J 1 W A L I E S E I IDo II I IDo Do Ken gen 4 11 ka Wis Wi Cent 4 Fort W A I Den Denver Japan to l i d dyer ver yer City CIU lh eries serlee MN 11 Hock Hok Val Yat 41 1 m Do cerU eert n Japan o ert rt 1 Do D M 21 s et t tT Dl T i N Uni H Colo I I i Manhattan con consol cn s Jot t l A ADo sol sot gold old 4 Do B U Mex Cent 0 8 So Pac P let 1st 4 ii Do 1st let Inc 25 rUtt 97 FT 9 M I St S1 L Stock Quotations Sates S Sai Low Lw Amal Copper Cooper Ci Lb sank I r Am C F J Vi Preferred IS ISAm Am Prefer Cot OH al i 3 Preferred 1 inn mn Exp Ex Vm Am m H IT L 1 pfd MS a a 3 Amu mn Te TeAm le lee Am Lin Un Oil al U Ii Preferred Lm iN L SS D S St i Preferred M lift 13 11 Am S R It 1 17 Preferred 1 Am Am SUI Slier SW re l Ref ff IWO 14 I iAm W Am Tob Tob pfd pM 1 IMS 1 7 H An Ana Ana MIn Mm Co 18 uS 1 1 SM 1 M I Preferred IMO 1 L 10 1 i II At C Line UM U s I I 1 Kilt B t Ohio 1 L uW 1 11 lii liiLi B Li Rat Rap Tran n 1 74 7 tan Can n an Pacific ITh 1 1 ui 1 im C of ot N J Jt fl I Ic t c Ohio t W ii i i Alton 1 1 G 0 Western A Ac t t 21 c I N W Wc 1 14 sit I i UI c M i 1 st r P 1 1 1 1 1 CTT r T T l C Preferred i iC C C C St L LC L C t F Ii Iron fifi i L 45 4 45 45 V Colo Mi MiUs fl 3 31 J First pfd pM Us W Vi 1 14 I 41 Second pfd Til 42 1 4 42 Con on Gas 8 44 11 Corn orn Products KG 1 1 12 U 12 Preferred Prefer im I R I Del Hudson Hudsn lift at 21 MI 31 Del D p I T W IV WD 4 D II It I G 31 I a Preferred Dis Tha Securities 1 1 4 G 4 Erie Eric W 51 i 51 5 I 55 First pfd pM Second pfd pM MO MG MOGen 1 T 24 74 1 w 4 Gen Electric Mi I T 7 im imm Hock Valley Ills Central Central m S m 1 3 m J 1 18 Paper Pa er 1 1 11 Inti Preferred m i J 7 78 Pump 26 6 Int Preferred 1 2 Iowa Central HO 37 St T fl Preferred 5 K 1 C fi f fiO 1414 5 I Preferred v vL L i 1 Nashville i Manhattan L 1 MO l 1 l i 19 Met I et Securities 1 11 5 S Met Iet St Ry BY ZT M 1 R s 1 Mex Max Central aoU 1 4 Minn St L 10 Minn St P S Ste St M 1 14 14 Preferred Mo fo lOT 1 li M K T 2000 a L j JOI 4 Preferred NA 1 0 Ul National Lo Lead 4 M A 4 IT S Nat Nat R n LO of A y Max Mu pfd 10 37 ira 3 73 36 3 N Y central 4 IX u 15 15 N Y O 0 W WN 1 61 tv WI i 44 it i l lN N Western Wester a 85 8 00 S 9 92 92 9 3 No American 99 Pacific Mall MaU 2 45 45 45 Pennsylvania s 14 14 14 Peoples Pes h Gas Gu W I 1 1 K 10 P C C St St L L i 8 P Steel Car tr Or 1 i ii 45 4 41 Preferred 95 mt P PuL L Pal Car SW Reeding SIM II 1 S 1 1 11 iU M first pfd Md 91 Second urd fd a 1110 0 F 95 SItt 9 93 1 Rp pep Steel Ste 1 1400 ai 24 t 38 1 fj Preferred HI gife 91 Rock Rok Island Co Ce 91 51 81 m 5 40 I Preferred IN 11 1 SO S 75 11 Rubber Goods Gos WA I Preferred l lS fi S L S F W I referred Preferred 4 41 eft Y a St L S W V MW Preferred MO 1 1 41 GS G 6 So S o Pacific Pact i I t 67 61 67 6 Preferred un So Railway Hallway 1 g 37 37 3 ail Preferred MO W I 1 1 io 1 M MT l ie T 1 C A Iron Iun Irn 1 3 88 S 88 a T Pacific 30 ISO 33 K I i iT M T St St L W S at 14 38 35 3 Preferred tt i 38 58 57 Union Preferred Pacific Paa t c 41 4 1545 f S 11 12 13 13 91 U S EX 1 U S Realty SO SOU U S Rubber a M MM Wife 1 Preferred It l f 11 12 U S Steel Stee 1 31 3 Preferred lUt 10 1 I 1 Va Va Caro Cao Chem Ii Preferred 1014 10 1 1 lOSt o V abash n 2 2409 1 SS 23 23 Preferred a 1 D 48 4 4 42 fc 42 W v F 11 i E x 2 West liO Wetter Weeter Union 2 t 9 s sv OS W W v L IT I MO H 17 17 1 1 Wis WI Central MO 35 80 10 3 Uti I Preferred i 1400 o 8 I i W tt 31 No Pacific 2809 2300 a 2124 t 2 Cent Ct Loather Leather i 18 1460 o 42 41 4 48 Preferred 48 1114 10 10 Slow Sk Scheff Sheff 10 70 TO 70 75 OS Total sales Je fer for the day da shar shares Metal Markets Naw Xi York Sept 28 The metal markets were quiet but prices were generally maintained and in the case of iron were wart held higher with No 1 foundry northern quoted at No 2 foundry north northern norther ern er em at No 1 l foundry southern at and No 2 foundry southern at Copper Coper was more or less lees Jes nominal with wih lake Ik and electrolytic quoted at 1600 1625 casting at 15 a pot tin Un was wa dull dul at Lead Lad Led Spelter S ler Motley Morey Silver Siver Etc New Ne York Sept SS Money on call cal nominal no loans Time loans firmer sixty days day per cent ninety days day and six months 44 per pe cent Prime mercantile paper 4 5 per pr cent Sterling exchange firm with wih actual business in bankers bills bis at for tor demand and at sO S for sixty sixt day dil bills bUl Posted rates 88 and anc commercial bilks bil CS S lIar Bar r silver diver 61 Gl Mexican dollars 47 41 Bonds Governments steady railroads steady t d The Bank Statement New ew York Sept Sept 21 The statement of ol oft tv tw t lew averages Ieng of the clearing bank banks of or 0 this ui ti city elt for this week follows Loans decrease de rease Deposits IO l 8 decrease 4 Circulation 73 increase Inias Legal tenders decrease Specie 8 decrease deese Reserve decrease 6 Reserve required decrease I Surplus O increase 75 B x United Unite States State deposit in increase j crease creale 1 The Financier says The rhe most notable feature of the official statement of the tin New York associated banks last Jat week wag w an increase in the surplus reserve rete after ater aft r a a continuous decline d since Aug 25 2 and this notwithstanding there was a cash loss lees last week of This Thi more inure favorable condition of the banks banin so 80 far as the surplus was tas as concerned was wa due dull as has been the case in previous weeks to a further contraction in loans Joans and consequently in deposits and reserve requirements requirement It 1 48 noteworthy that the decline in ir loans Ioana since Aug 5 has hils amounted to 39 the loss 1088 of cash has lias been anti and the decrease ase in deposits The cash reserve re is 16 now at the lowest point of the year jear e r Loans lust last week were contracted by and most likely like this was the result re of liquidation of spec speculative speculative accounts on OR the stock market for tO such elch movement was as actively in progress durs s the greater part of the week The Th cash cask loss Iou was 2 which amount I differs materially from the preliminary estimate e that were based upon the tin traceable movements of ot money mone the rea reason reason I son Oft for tor the discrepancy between the cs es estimates and the bank bonk figures is incapable ble of explanation I Deposits Depo were reduced which amount was greater greuter by OO than the tIn sum gum of decrease in lit loans Joans and und the loss ol of cash therefore the statement failed to tc prove The rhe required reserve against gen general general genera eral era deposits was decreased de deducting ducting duet from which the losS Jos of ot cash left lefi as the Increase In surplus reserve to O G Computed on the basis of 01 deposits delOSUa less those of or 8 public run the surplus is itS Coffee and Sugar New ew York Sept 23 Coffee Spot Rio RioN N No 7 1 Invoice 8 mild firm Cordova 1 The market for coffee futures steady at a net advance of points p Total sales bags including September Se ber October 7 O December 1 7 49 March l 55 May July J August Raw nominal fair Lair refining 3 centrifugal 3 3 molasses sugar SK IlK 5 refined quiet cut out loaf and crushed powdered 5 granulated 10 Butter and Eggs f e ew York Sept 23 Butter Quiet of oe oen n I at B creamery common te extra 17 11 Firm Finn western extra firsts 21 l lI I Chicago o Sept 3 SOft O the produce e ex exchange x change today the hotter butter market wall wait w td creameries 17 90 dairies 16 10 Steady at mark cues cases included firsts taJ 18 11 prime firsts 2 20 extras extra O e GRAIN GR IN AND PROVISIONS Sept 3 Almost unprecedented dented steadiness characterized prices on the board of o trade opposing influences neutralising each other Wheat finished at the final figures of or yester yesterday yesterday yesterday day Corn oats and provisions vere cre also tiso in nearly near perfect equilibrium ul Quotations for far each at the close clo e showed practically practical no so change In Is the wheat market fluctuations in prices of ot ail aU au deliveries were confined in n a range of or c The volume of trading was extremely small Weather Veather in the north northwest west Weilt is hi favorable for tor the move moe movement ment siant nt of ot the new crop crol Evidence of ot this was found in the liberal arrivals nt at Mm Un and Duluth Receipts today at these thai th two points totaled 1018 1 48 cars care against cars car the corresponding day a year veer ago ngo Higher prices at Liverpool however acted as an offset to the heavy Receipts In the northwest A leading bull was a 8 moderate buyer of wheat here through throughout out the entire session The from rom this source tended to check selling ng which would apparently have otherwise been a n natural consequence of oC the free move movement ment of or the new crop The continued excellent demand for Cor forcash forcash cash wheat at all aU grain centers Helped to minimize the tho importance of the lib liberal liberal ib iberal eral receipts as a 8 bearish factor Open OpenIng Ing In quotations on December were un unchanged unchanged Unchanged changed to e c lower at 85 to 85 83 and antI the highest point reached during the tho day was 85 The market closed steady stead with December at 85 88 Trading Tr In Ip corn was WIUS active and und not notwithstanding notwithstanding withstanding the exceptionally favorable weather for lor or the maturing of the crop the market was strong more specially the M MR MIty y delivery The market at the highest point 1 of at the tho th day December De opened unchanged to I J higher bighor at to 15 sold up to 45 and at Local receipts were wern a ours with of ot contract c ol grade grado I Liberal receipt hud had a weakening ef of on the oats market December opened unchanged at O 23 sold off of to 28 Sfa t C 29 23 and closed at the lowest point Lo Local Local cal receipts ts were cars Provisions were steady on small re receipts receipts of hogs hoss At the close January pork was waa off ote a shade at Lard was up a shade at Ribs nibs were wera down 2 at 6 7 y Estimated receipts for lor Monday Wheat 70 76 cars corn 3 cars oars oats cars ears hogs ho s head The leading I s ranged r ag as follows No 2 I Open I High 1 h I Low f I r Close Cose Sept 85 i M S IT HJO rice Dee I May r 87 m IT ITCO 7 COR CO N No o oI 2 f I Open I j H HI r Lo I Close Cie ept n 5 iI Wi SoPt u 33 Dee n 46 i Dee Dec o 46 tt 4 4 Ia MIlY I J U H OATS No 2 r rI I Onan I nigh High I Low I Close Sept 2 i 4 J i lint r ME PORK PC er bbl I O Open i High I 1 Low I Close Oct I 1497 lITO 1407 un I 1487 1437 Jan j J 1237 WO lbs I Open I High alS f r Low j I Close Oot Oct I 7 Nov 1 77 I 77 i 7 I ITan Jan Tan 4 1 68 l 6 J 1 aSO SHORT 1110 lbs Ibs I Open i n I Low Close Oct Oot j f 8 1 I Jan 1 II I Cash quotatIons were ware it as a |