Show IKn sioAi SELLING This a Material Element of Weakness in Wall Street CALL MONEY WAS HIGH Bate Was Bun Up at One Time to 12 Per Cent and Forced a Good Share of Liquidation Bears Found Whcu the Market Turned Loose That They Kad Been Following tho Da dine Too Clossly and They Helpsd on a Rally by Bidding Against Each Other to Get Back Stocks L f SILVER Vr New York > Hu oc San Francisco C5Vv < London 25 7lGd LEAD New York exchange 437 COPPER > New York exchange JG6U1700 Silver and Drafts New York Dec l2Bar silver B5c Mexican dollars 43c San Francisco Dec 12 Silver bars IC Mexican dollars 174iYc Drafts sight 24c telegraphic 5c Money and Bzchnnge Now York Dec 12 Money on call strong at 3iri2Vi per cent last loan 5 percent per-cent ruling rate D per cent closed offered of-fered at o i > cr cent I Prime mercantile paper Hfrffo i per cent Sterling exchange weak with actual j business in bankers bills at ISGVd for demand and at 4SJ IS24 for sixty days Posted rates SIS3fWS4 and 4S7 < 5HS7 Commercial bills IS2 < rlS2a Hew York Metals New York Doc 12Time feature In Lho mctnl markets today was the heavy selling I sell-Ing of coppor in London which totalled 550 tons soot and SOO tons futures and a loss of about 12 which puts both spot aim1 l futures on the basis of 02 lOs This IB the lowest price touched In London within he past three years The Now York copper market was dull with spot tiuot cd at 16 50JT17no electrolytic J1G371J 1GG2 nnd casting 1600 all nominal Tin prices were decidedly lower nt home and abroad The local break carried car-ried prices for spot delivery down to 2100 2500 representing the bid and ask prices Spot was quite freely offered London prices wero Li 5s lower closing with spot at 109 0s and futures at 103 Jns Lead was quiet but unchanged here fxtudon prices were 5s lower closing at 10 lOs the lowest price In many yearn Spelter was unchanged hero at SI15 and also In London at lG5s Iron quiet Glasgow closed at SOs 2d nnd Mlddlcboro closed at 43s 3d Pip iron market 1050 > 1150 No 1 Northern foundry SI350fflG00 No 2 foundry Southern South-ern 1 l60f > lo00 > No 1 foundry Southern M55 jKOO and No 1 foundry Southern soft S150031700 San Francisco Mining Stocks San Francisco Dec 12Time official closing quotations for mining stocks today to-day were as follows iitiL 0 Iieicher 12 B 13 12 OccidentaL Bttlton Oiilmlr Caiedonia 1510erman 2 Challenge liSPotosi Confidence 5OISav age C C Vt iG01Slarra Nay 0 Crown Point OtISllver IJill C C H Standard 350 11 N lTimlon Con 00 lustlcc Ut tJUihm Con 0a Mexican 13Y ci Jacicet Ga NEW YORK MINING STOCKS Am S Adams Con preferred 9750 J3Itt1 Cimief 12 Alice 15 Ontario S50GO Brunswick 75 Ophir GO Corn Tunnel 01 Phoenix 07 C C Vu 150 Potosi fC Deadwood Savage 02 N horn Silver 1 1KJ sierra Ne Iron Sliver Stimuli TIopeg 40 Leathille 03 Stummdard BosrON MINING STOCKS Aciventuro 210 Allouez 150 4thi Cop U7S7 Osceola BaltIc 00 Parrot Binglmam 2750 Quincy 15000 C Hti000G1000 S Fe Cop 325 Cotitetmimial 1100 Tamarack 2tS00 C7ii Range 5750 Trinity 1475 Dom Coat lc62 U States 1412 FranklIn 1lS0 Utah 1975 Il floyale 2050 Victoria 5I24 Mohawlc 302c Vtnoiia 200 Old Dorn 2375 rolerIne 5350 Foreign Markets New York Dec 12the Commercial Advertisers London tlmmclal cablegram says Disturbing elements In the stock market today werr a fresh drop In copper cop-per to 52 > i the ton and In Rio Tlntos to 11 and tho continued flatness of American Ameri-can stocks which failed to boUt time opening prices nervous bulls closing their contracts New York Central again operated as a seller but rallied toward the close In Amalgamated Copper dividend divi-dend talk was only momentary Js London Lon-don thinks the company squeezed resources re-sources to support the market The close was at the bottom on private cable din patchcs announcing dear money In New york The Bank of England Is still lending lend-ing Money Is expected to bo light but the bank returns show that the reserve Is f4OCOCOO hljrher than a year ago at tho same time and therefore nothing serious Is anticipated Gold to the amount of 20000 has gone to the continent and Iho prlcu of tho metal has risen to 77s lOd on the continental demand SL Louis Wool Market St Louis Dec WoolFirm Territory Terri-tory and Western mediums 14 < J71Gc fine 1IijiSc coarse 1h141c San Francisco Wool Market San Francisco Dec Quotations on wool here today were Sprlnj Nevada 103 > 12c eastern Oregon 10i3c valley Oregon ISfilBe Fall Mountain lambs 8 69c San JonqUln plains djSc Humboldt und Mendoclno 10fji2Yc New York Sugar Market New York Dec 12SugarRaw steady fair refining 3932c centrifugal JGtcst 3lc molasses sugar 3132c relined re-lined steady crushed o40 powdered 300 granulated 190 Butter and Eggs New York Dec 12 Butter Receipts 2SOO packages quiet and oasy State dairy 15i23V5c creamery 16 < f25c Juno creamery 18r21e factory i2ii51c < Eggs Receipts 1700 packages steady Western at mark 2Gc London Wool Auction London Dec 12Time offerings at time wool auction sales today were much smaller than usual amounting to but 7326 bales mainly Now Zealand New South Wales and victoria told wull and competition compe-tition was active for Queensland and Cape of Good Hope and Natal Fine grades wore llrm It Is estimated h that America has taken during the present series 250 bales of time best merinos and fine crossbreds Stocks and Bonds New York Doe Speculative liquidation liqui-dation continued In the stock market today to-day induced by the stringency In money which ran the call loan rate up to 12 percent per-cent at ono time and forced a good sharo 1 of liquidation Other rolling was precautionary precau-tionary In fear oC still more stringent conditions in the money market A very material clement In the days weakness was tho short selling by the bears who became emboldened by the lack of support In the market and putout put-out very largo short lines When tho market turned the bears found they hivd been following tho decline too closely and they helped on the rally by bidding against each other lo get back Blocks I Time rally came when the banks camo Into the exchange market for time first tithe late In the day and offered large sums at the I prevailing rate which was at the high level With the fcatlnfaetlon of this t demand by these offerings time rate foil away and time pressure on the stock market I mar-ket was quickly relaxed The dealings by tho bears was the ono clement In LImo fully held and tho rally This was not closed Irregular market active and weak Total Bonds sere 53545000 United States value sales bonds were par nil unchanged OH tholust call BON I LIST tj l S 2s ref10SL U S fa couplOJJA SSt So is do coup 109 Cole JBJ8A G Is reg1Cc D K U S 3s reg 10i 4a N Pac U S 3s coup 72 4s ll9 N Pac 3s U S n roe 01 Vt Is IT S n 4s coup VJ93 5o Pac ioI V S old s reg IIKM 17 Pac 4s ir old coup1124 J Ijic conv Is 1017 U S Cs rcglOi CLOSING STOCKS Sales High Low Close Atchlhon 23SOO 7fi 1 7li ifft preferred 18COO 93 Wi JiVj Bait Ohio 9100 101M WA ICO 93l6 preferred Canadian JHC 27pO 11214 UlA lllf Canad South 7100 S5 S3 8VJi Ohio G300 45A WX bMj Chicago Cues Alton 2GCO 31 33 33 > t 7C Chic prelerred md L 1100 10 45A 45fi liroferred 200 74 731L 131n Clmic 10 1lllnoIs Chic 0 West 4100 223 221 22 A lrefcrrcd 20 SC 54L 13514 13 preferred IC 43 1 42 ¼ Chicago N r 200 203 202 202 Chic 1L I tc Pac 1000 J477 116 14D Chile Terra 2 100 I5I 1544 15 preferred zoo 20 20V 2T C C C St Ii 22C0 0631 1 tt 314 Cohn So 1200 13 13 55 1st preferred 400 SSI 2nd rireferreti 00 2i 24i ICS 170 Dela 1111 2700 171 Del Laek Vest 0U 213 212 243 D P G 00 13 4I4 41 preferred 900 9ZI 92 92 23 23700 39 ErIe 7300 707 69k 10 1st irefcrred 51 63 1100 55 2nd preferred 181 1S1 1400 153 C Nor pfd 6l3 Viii 00 62 COW oelclng 1000 S1 S04 SI IllInois preferred Ccnt 2100 117 13C 351 710 37 3ui C Iowa Cent 71 100 72 71 preferred 15 Ga Li Erie West 1100 06 125 Louisville ireferred Nash 261CO 105 102 103 MaahatLtn 1 662h 134 13l 132 St 12600 153 156 157i Met fly 22 Mexican Cent 1600 22 22 Mexican Nat 900 i5T 13 r1 1C7 13 vo2 AU jMinn INI r > i u jjw ix Missouri Pac 22200 102i ICO i lOHt Kan Tex 300 21 21 24 V Mo 1000 50 19 I iJ Vj preferred 15 New Now York Jersey Cent Cent 33300 KM 1GO K2J Norfolk West 13200 55 52 53v ° preferred 9Ui 99V4 7200 G1V Nor Pac pfd 32 West 7100 52 314 Ontario 145 41500 117 115 Pennsylvania 3T700 17 A 4M 454 Reading preferred 5900 79 7Si4 SVj 1st 13GOO 55 5oA ovA 2nd preferred p2 200 515i W1 F S St L SO preferred 100 SOM SO8 3 1st GO preferred 200 G9Vi 00 2nd SOO 27VI 26V 27 St L S W preferred 4E00 5S 57 5 < > 4 St Paul 41400 159U in7A 15Si 187 preferred Pac 3SGOO 57I W 5U Southern 42700 32V1 3lh 3l4n Southern Ry 9100 91Vfe 90 A SO4i preferred 3300 35 37 37Ti Tex Pac 61600 9SI 97 97 Union Pac 3100 SS 87 f b preferred t200 22V1 2 Ivi LA Wabash 13400 11 40 l0li preferred 17 W L ISrlo 2nd preferred Cent 100 20ri 20 MA Wisconsin preferred 1400 40 10 Mfc Express Companies is Adams 19n J J American 89 S9 United States 100 89 ISO Wells Fargo Miscellaneous 119900 Tlfc y OS Amal Copper 29 Car F JW 30 29a Amer preferred COO S A 85 85 Amer Lin OH 100 it t 4i > b i Amer preferred S R 1300 I3J4 42L l3 Jf 931k preferred 700 Tf7 JH > Anaconda M Co 7500 31 29V 20 Brooklyn R T 13SOO 61 GOV IHi Colo F Iron 4700 Wi 77 ½ 79 Con Gas 4100 213 21Hi 213 Gen Electric 2900 277 > 271 276A Sugar 100 39 39 39 CUucoso 14A Coal 500 15 1W Hocking Interim Paper COO 20 20 19Vi preferred 7J Interim Power 100 S9 SO STii M Laclcdc Gas Nat Biscuit lOrt l3Vt 12A 12 1 I Nat Lead 500 17 17 Wj SO Nat Salt preferred 100 G2 02 01 North Amor 100 92 92 ff2 7K Pac Coat COO 71 73 Pne Mall lCOO 45 13 43 Gas S700 97 9 < lVi fTMr Peoples 3SYt Steel Car 1200 39 33A P i preferred SOO S3 S2yt S2 X 211 211 rullinan Pal Car 2100 212 16 Rep Steel J preferred 1100 G9 KS G7i dugjir 16900 120A 119 119Vj Sugar TS I CO Tom C Iron 9100 61k Union Bag P Co 700 11 13b 13 preferred 200 i4y 7Hi i3u US Leather 4200 11 11 IHs preferred 1900 Sli Slit 81 i U S Rubber prcTcncd 200 RUVfe > i 9 Steel 59101 10 3SN Wl 17 S 32400 90i S9i MM Vest preferred Union 214 < > 91H WSs 01 A Locomotive 41CO 30j 29 30 Amer S7 J preferred 1100 S73i 87Vj Live Stock CHICAGO Chicago Dec 12 Cattle Receipts 12000 Choice steady others dull and weak Good to prime SGOOfi7EO poor to medium 400lHsO stockers and feeders 150 SlOOff450 heifers S2CO I40 cows jCO canners 100 225 bulls 200fi > lEO calves 2505525 Texas fed steers 45Qo 5SO aVIt |