Show DESIRE OF FINANCIERS Capitalists Want Quiet and Stability in Markets BOTH MONEY AND STOCKS Bear Activity Repressed by the Pact That Powerful Support Would Bo Accorded to Prevent a Sudden and Violent Decline Every Effort Being Be-ing Made to Preserve the Tran quillity of the Money Market Dread of the Unknown the Depressing Depress-ing Factor low in Wall Street SILVER Now York San Francisco London csgd LEAD Now York exchange fl37 COPPKR Now York exchange 51700 Silver and Drafts New York Fob 20 Silver certificates 61fi214c Bar silver 6l1ie Mexican dollars ISc San Francisco Feb CO Silver bars GlIcMexican Mexican dollars 504ti5lc Drafts sight nfc telegraph 22Ac Money and Exchange New York Feb 20Moimcy omm call easy at P2 ier cent prime mercantile intper 34gi14 mer ccii I sterling exchange heavy with actual business In bankers bills at JISKQI S716 for demand and at 5IIV for i sixty clays posted rates IStfJ i S5ii and SSfISS i commercial bills l783ii 483ft Hew York Melalg New York Feb 20Tin In the local I market started In a somewhat depressed condition as time result of unfavorablo Information from London whcro prices wont oil about 1 Gs to 121 Cs for spot Later however a reaction set In and prices recovered the early loss on a good demand Sales were made at 2GSOc and 26Ole for spot delivery closing 2630c bid and 27CCc asked Future deliveries were weak and lower March fit D7Vft237 > c and May at 2000fr2GCOc Trading In these positions was fairly active On the other hand however time General lint remains in a listless condition 1 Copper In London declined 5s to 71 2s Cd but locally a dull md featureless feature-less market prevailed with prices nominally nom-inally quoted at iho clone 317CO for Luke Superior and lCC2i for casting and electrolytic elec-trolytic I i Lead ruled dull at SI37V despite a further I fur-ther loss at London the close being weak aVflt 35s Speller was also quiet though btiycrs and sellers were nearer together than for some tIme past Closing prlcqs wcro L97 tLp10214 Iron continues dull with an easy undertone under-tone prevalent with no material change In prices At Glasgow the close was at 51s 7d and at MIddlcsboro 40s Hid Son Francisco Mining Stocks San Francisco Feb 20TIme oHlcInl closing quotations for mining stocks today to-day were as follows Alto W Alpha Con 01 Andes WKciUucIc Con 01 Belcher Mexican 23 Best B SIOccI Con Ci > Bullion 03 Ophlr 17 Caledonia Overman 11 dial Con IGPotosl 13 Chollar Savage 11 Confidence USog Belcher 01 C C Vo 105 S Nevada XuL Con Imp Silver Hill U Crown Pt 13 Standard 120 Exchequer Union Con 21 Gould C 27 Utah Con 07 3Ialo t Nor 17 Yellow Jacket 25 Justice 05 N12W YORK STOCK LIST Am Sm R J51G2 Alice 12 preferred 0125 Little Chief 15 Adams Con 20 Ontario 700 Brcocc 175 Ophlr TO Brims Con 33 Phoenix 09 Comst Tunnel 1 3 Potobl 03 C C Va 165 Savage 10 Deadwood 50 S Nevada 25 Horn Silver J1G Small Hopes 65 Iron Silver 65 Standard LCO Lcadvlllo Con 03 t BOSTON MINING STOCKS Advonluro 1200 Amal Copper JtK CO Atlantic 2SEO Osceola s S6CO Blngham 1775 Parrot 1700 B Mn S327ff32l00 Qulney17100 Butte B SlOO Santa F Cop 700 Cal 1 If cla 55000 Tamarack 531 CO Centennial 2360 Winonna 62 Franklin 2100 Wolverines 5212 Ilumboldt 50W Utah 3300i Grain and Provisions Chicago Feb 20 Indifference of tile Liverpool market gave rise to expoela lions of lower prices for wheat here but time tap of lie cpng found offerings valued somewhat higher than they were nt time close yesterday May opened unchanged un-changed to He higher at 7o ic The llrst batch of buying orders being satisfied time market became quiet but Inn on mode rate Northwest receipts and Limo fact hat largo areas of the winter wheat belt Is without snow protection Buying by loading load-ing operator and seaboard advices of a better export situation caused a sharp bulge to Cc A profittaking movement greeted the advance but the close waa strong1 May fflo over yesterday at tGfli6c Corn relinquished time leadership on change after tile first hours trade having hav-ing held It undisputed for a week The close was l4I1ic < higher at lOc Oats were fairly active within a narrow nar-row range May closed Jic higher at 271c Tim undertone of time provisions market was strong although business generally was quid Hog receipts were ices tlnra had been expected and this I combined whIm a good cash demand and time strength of the grain markets resulted In an ad vanco which was firmly held May pork closed 10ri21Li higher lard 7KtlOc up and ribs 5c Improved There will be no session of the Board of Trade Friday Washingtons Birthday RANGIfl OF THE LEADING FUTURES Articles Open ugh Low Close Wheat February 73 7li 73J 71 < 4 March 7IU 7lj 7Ufc 71 Ma 73 76i t 7 o 75A Corn rK February March CO 33U 3D SO4 May lOj 40i mi 10 Oats February I 2fy May 2oj vt il 2 > 8 Mess Pork February Mt 1I10 1113 IlOTA JI12V Lard March 750 Miy 7fpJ1 7CJ 7M 753 Job 753 760 75215 7CO Short Ribs n February May 7i67ir 9a i0 Semcmiier 720 72215 I 720 7221 CAS QUOTATIONS Cash quotationS were as foiloits Flour dull No 3 siirimlg ivlmeat 6iLic o 2 red 757Cc o 2 co mm 39C 1 2 yei low 23c No 2 oit Io white 2ie No 3 white o CIC fair to choice mailing birioy EJii39C rye NO 1 Iinxsced 160 No I North westerhm 161 prinmo timothY secal ia J larch pork mmcc mess 10 potmncis shore ribs I sides iwr iooin iOOlT2O dry salted slmoiml I ious bboxed rh6Yc short clear icicles bocd 7l5c17ti5 itlmi8k3 iaHtS of imigim wiimes l 27 sugars cut loaf 29 grum iilatcd 572 confeclloners A WKI off A 3fW clover contract grade 1100 HKCtJIPTS AND SHIPMENTS Articles Itccts SliiitR 5 Flour barrels JjMTO UOM 1 Wheat buHhcls rXSJOvJ iinlcS 0S0CO 113000 bushels SP V Corn iiici iT oi ii Oats bUHlielH t 52S 000 2SO COrt nye huHhels jfft 0 000 Barley buuhels < J iuw PRODUCE MARKET On time produce exchange toHayUhc butler but-ler market was active creameries lj22c dairies lOffllSe Cheese active 1O1ilD1mC Eggs active fresh JOe v Butter and Eggs New York Feb 20 Butter Receipts C7SO packages llrm fresh creamery igi 23c June creamery lV20c factory HIT J5c J5cFggs Receipts 7f00 firm Western at mark l7J 17 lc Southern at mark 17 Coast Grain San Francisco Feb 20 Wheat steady Muy WTjc December flQli Burley no subs Stocks nnd Bonds New York Feb 20rtio dread of time unknown was the depressing factor in time stock market today Preparations were evidently being made for the interim of three consecutive holidays by lightening speculative leads The poswlbllltlps of the tbicu days Interval which was can I isscd by the npccuhitlvc public were by no means wholly on tho side of depression depres-sion but whatever favorable developments develop-ments seemed possible have been no thoroughly thor-oughly discounted that the balance oC clmnco IB considered clearly on the side of lower prlctt The speculative world seems to have arrived ar-rived at the conclusion that the completion comple-tion of the delallH of the steel merger Is not likely lo bo followed Immediately by a camnalgn of manipulation for higher prices In order lo make a market for lie new securities Ji will he remembered Limit this was what happened two years agp whpn the ncwlyllcdgcd Industrials wcru first thrown upon tIme world Indl cailons hcem lo point clearly to a deslro for quiet stock market conditions for the present on the parl of the llnanclal powers I pow-ers who are most largely concerned In time steel negotiations as they havo also been In time rcccnl railroad consolidations U Is not hnrrt lo understand wliy with colossal llnanclal undertakings In embryo ihoso concerned In them should desire most of all otilet and stnblo conditions both In the money and stork markoln Tho progress of negotiations is necessarily Involved In further complexity by marked fluidity of market uncOil for stocks and unctrtiilii rates for money limI9 1 makes Intelligible time evident desire of the llnan clal power to discourage further excited speculation at this time OC course a violent break In prices would bo equally at variance with their wishes The certainty cer-tainty that powerful support would be accorded ac-corded to prevent a sUdden and violent decline tends to repress bear activity II IH evident Uuil ever effort Is making lo preserve Lime tranquillity of the money market by keeping available all possible resources and also by reassuring oxprcs sions of opinions as to tile ability oi tnc money market to meet fuluro requirements require-ments An effort was mado during the afternoon after-noon to turn tho market against the shorts In the hope of driving them lo cover but the effort proved fulllo and the cloning wns weak with many stocks at the lowest There was a slgnlllcant break In time principal steel stocks at the last Steel Wire Federal Steel and National Steel falling suddenly 21J2M There was some show of strength In Steel Wire preferred but otherwise time steel stocks were all weak Hoop preferred dropping 3A Jn the principal active railroad stocks hero were at one time declines of 1 to 2 points Members of time grangers Southwestern South-western and 1aclllc groups wero notably affected Delaware Hudson was erratic er-ratic but generally weak falling at ono tlmo Pi under last night General LIcc trio was forced up at ono lime 12 polnla but closed with a net gain of only 7 Time level of uctlvliy of the market was lower than for many weeks past time days business falling to about the small cst for any full day since election Bonds were reactionary In sympathy with stocks Total alc8 par value 3 3J5CXX United States refunding 2s advanced ad-vanced i fc per cenl on time last call BOND LIST U S rcf 2s 105 DT R G Is do coup 105Nor Pac Is 7604 as reg 116 do hs coup 110Yl Or Nu isIs is-Is reg 137i do i lOI 4 COOl L37VL 0 S L Cs 1271 old 4s reg lISi do eonit6s Ji6 old 4s Comip ilS tt G 1 59 rcg 1l0 So Pac is 91 r 1I0hiU P is 106 Chlo So is 8l NKW YORK MINING STOCKS Alchlson 1YV L E 1314 preferred S72 2nd pfd 30 Ball O 30 WIs Central iS Canadian Pac Hi Third Ain J2 i Cap So SfiUB fc O pfd S Cues RO 30 Nail Tube 6W Chi Gt I West lSru preferred 101 C B Q i3l Express Companies Chi Ind L Com-panies preferred Gii Adams 150 Chi R L AmericanStales itO C N W l7l ½ Uimitfld Stales 53 C R I S P 122A Vclln Fargo 127 C < C c st 1 uj cffnonrr Colo Southcni 5iAm Cot Oil lat pfd UA preferred 2nd pfd 1SAm Mailing Del Hudson SPA preferred 2i D LJt W 191 Am Smelling D R G iWjt preferred preferred 87 Am Spirits 2 13rlc 27 preferred 17 lat pfd fl Am Steel Iloop 27 Gt Nor pfd 18t 1 preferred tAm 70 Hocking Coal 18t1C t-Am Steel W 17 hocking Val 4714 preferred ill Central 1 131LiAm Tin Plate t2 la Central 27 i preferred preferred < frll4Ain Tobacco liri lj K W U i preferred 142 preferred 110 Anmccoimdmt Lake Shpre 210 Brookhymm 75 i Nashm t00iCoio P I 7siuiimlmuttmmm L hl614COnli Tob Met St Ry lCZt preferred Mex Central 1G Federal Steel Minn St I 73a4 preferred preferred 107 General Elcctrlc210 Mo Pac SriGlimcoico Sugar l Vi Mobile O 81 preferred 92 M K T ISIL Jnll Paper 2214 preferred GlTa preferred 71 N J Central 1KW Laclodo Gas 73 > s N Y Central 1i3NatiBiiccuit Non Western J6 preferred fO5 Nor Pac i Nati Lead lfrl preferred Sib preferred 56 preferred SC Fed l Steel IJU Out West 3UiNatl Steel pfd S O R t N 12 N Y Air Brake 150 preferred 7ti Nor Amer 2214 Pennsylvania IkSVPuc Coast 52 Beading 303 1st pfd SS 1st pfd 70i 2nd pfd G3 2nd pfd 40Pae Mall llli R G W 70 Peoplns Has MFi preferred 01 Pf Steel Cur SGi St Is S F rttjft preferred 7Ci 1st pfd t2 Pullmnn IOC 2imd pfd G2St Ropo t Tw I St L S W 2li Sugar m preferred r 51 l4 preferred ICOA St Paul 1J7XT C tT S6 preferred 15514 U S leather J2i Si P O 125 preferred 71 i So Pac ITiiU S Rubber 1S1 So Railway 2iTh preferred GO preferred 73i Vest Union SCM Tex Pac 274Amal tonper S9 = l Union Pac 02 ARcp I S UiA proforrcd SS preferred 62 Tabasli Ill P C C St L s 5S preferred 2S I Roview of Wool Market Boston Feb 20Time American Wool and Cotton Reporter tomorrow will say The wool market his rather Increased In activity the t past week and a large amount of stock has boon moved Wo 1lsure the sales at over rOCOCOO pounds Included In-cluded In which waro some poodsized lines of Territories scoured and medium llecccs Thorp hns boon considerable pros sure to sell and as a result consumers have In most Instances been able to secure wools at pretty low prices especially Territory Ter-ritory wools which are now selling very closo to time level of vilucs prevailing at time lime vhcn the boom In 1S03 was started 1 The wool sales for the week In Boston amounted lo 53i6C4 pound domestic and rtVjOCO pounds foreign making a total of C270CO pounds live Stock CHICAGO Chicago Feb 20 Catlio Receipts 11 500 Incfiidlncr EOO i Texans good lo choice steers JOplftc higher common steady butchers slock steady Texans slow good to prlmo steers l90g600 poor to medium EOklSO stockers and feeders slow J27Z3M 50 cows S2507I13 heifers S2WI35 caiiners LSSf < 2fX bulls slow J250fil25 calves steady to strong JlOOf 025 Tcxas fed I ulcers lrof5oo l fi JV I VI v l UV Texas grass ulcers WSOQ3CO < Texas bulls 2EO > m Hogs Recolpls 3rtOCO tomorrow 33000 loft over 5000 active r4rl0c hinher top 5ac mixed aimd hmmtchmors 25ij5i7i good to elmoico imeay Z49i6O rough Imeavy light 325m615 SimeopRcccLi1i4 12100 simeom lOc high or fancy svethors Imighmor 00 iniiulii sirommg to rc imighor yearlimmgs ump to 310O good to choice wethers iCii6Oi fair to ehinico mixed 3fJj410 estcrn l0M146f Texas simeci 2hii365 imrithn lambs iOujS25 rc5tern 11111115 ZCI1 52 KANSAS CITr iCnumsas City Mo iioh I 20CattleRe celptP 7000 stroni tA I JOc higher nnllvo steers JI50SPM Texaa steers 370til70 Texas cows Ig850 native cows and holfirs S2EOfHlo stokcra and feeders J3EOfilS5 bulls 530 > ftl2o calves 54SM C2S Hops Receipts 17000 5c hlcher bulk of sales 5215 3i li nw 5 5ftffn 111 pack crrf J5237fO33 mixed 3320y535 light 510 5M yorkers S510ft523 pigs 150 305 Sliccp Receipts CCCO active steady myttons 350tfl40 lajub lSOt520 OMAHA Omaha Neb Feb 20 Cattle Receipts 1SCO strong lo lOc higher native heof steers J4X > ff020 Uostcrn steers 3700 4t5 Texas steers J307j3S cows and hclfcra 53001H10 canners 005255 lotkcr and feeder 325fM < V > calves IOvji7 25 bull sings etc ISSftfj 100 lings I Receipts 7Vrt MilOc higher heavy H 30J53J mixed T 3rtff332Vi light 524j53214 jugs leOfH5 bulk of sales 3Vfl532 Sheep Hccclpta KXO nlow uteady yearlings IHOfi173 wethora 4Oi50 common nnd h stock sheep 374j3S 3 ewes 03375 lambs IHyjBtO DENVI3IU Denver Cob Fob 20CattleBc clpt < f > 0 active at a rtorllno beef steers 3ft > fj475 cows 2100375 feeders freight paid to river 275fi > i40 stockers freight paid m elver J3COJpl23 bulla stage etc LcoVs2 I logsReceipts SWJVfl7c higher light packets JSC JfoW mixed und heavy J6CO C3 Sheep ReccIptK 00 steady gpod fat muttons J3M I2o lambs fl60QI90 St Louis Wool Market St Louis Fob 2QWocuhDuhi and weak Tcrrllory und Western medium 1i14 j1c mInd JlKfflllu course 11frljIic San Francisco Wool SarT Francisco Feb OWool quota lions Spring Nevada JM3c Eastern Oregon lOTilflo Valley Oregon 1 iii Fall Mountain lambs WjrlOe San Joit nunl Plnlnrf frlTTc Ilumboldt and Mcndo clime lOtllc For igu Market New York Fob 20The Commercial Advertiser London cablegram says flimsiness was inuch restricted on time stock cxchango hero today and time tono was undecided Tho only xciillon8 wcro Investment shares which were In good demand on the confident expectation that tho bank rate would be reduced American Ameri-can shares were limo weakest In the market mar-ket There Ic1i very little speculative Interest either way but business from tIme Hlart ivmidiul Prices sagged unlll Wall street opened On sales from New York realizing prgan hero among tired holder Some operators In London hat it report loday lhat J P Morgan Is about to go off on u yachtlpg cruise and they Interpreted It is meaning that ho Is unloading un-loading or has finished unloading and that he boom IK over Money was light kwplle the expected lowering of time bank rate Sliver enjoyed a npurt on buying for the Indian Government |