Show WALL STREEf REVIEW t iJ Dealings the Past Week Have Been on Small Scale PRICE MOVEMENT DOWNWARD I Weakness Increased During the lat I ter1 Part of the Week liquidation Has Not Boon Heavy Nor Apparently I Appar-ently Urgent but Very Light Demand 1 De-mand Was Forthcoming nt the Declines i De-clines So par as General Outlook Is Concerned Confidence Has Been Maintained Bonds Dull srIEP es frk Jondn b 4 L LEAD Ncwr3 > ric bx Iigo cOrpR I oY rk exchungo 1 31650QI17 CO q r t jSi1ver and Drafts Tori Oct 6Bar silver 57c Mexican dollars 451 0 v Snn Francisco CaL Oct 5SI1ver bars tc Mexican jollars HQ7 c Drafts Sight 71ic telcgrapl lOc Money and Exchange New VJrk Oct 5 Money on call steady at 3 per cent PrlmemercantJlo paper lWQy per cent Sterling exchange nomlnul with actual business Jn banker bills at IS5 ftlS5 for iltrmaml and at 4S3 for sixty days posted rates 484 and SliC commercial bills lS24 El ½ New York Metals Nov York Oct GThii market for met nls was slow and uninteresting today In the abstncp of cable advices and values J i wcro nominally imchunged Tin wax weak In toiunt J2WT2l2o Lead dull at 137 ½ Spvl tor dull nl WiriM2U Cppper lake 3i4ftl7c and casting ltc Iron dulU pig Iron warruntB No 1 Northern foundry 150Ufi 15 0 No 2 foundro Southern iliXW14W No 1 foundrivtjouthcrn Jli75t15i > No 1 f oun dry Southern w > fl H7fi 1525 J San FpmciscoMining Stocks San Francisco Oct 5The official closing quotations for mining locks today to-day wore 3a followrt Andes Justice S 02 Jiclclur roiOccIdcnlal Con W Bat IJ IrtOphlr 75 nledonla 32Overman 05 dial Con r IJPotosl 07 Chollar Wrfavage 01 Confidence t90 Sierra Nevada 18 C C t Vu llw Silver Jill 31 Crown Point 02 Standard 350 Gould G > i Unloiii Con i 03 Hale N 10 Utah Con 02 Mexican 17 Yellow Jacket 03 NEW YORK MINING STOCKS A S s RL1123 preferred 93V Adams S 20 Little Chief 12 Alice Jv ij 30 Ontario llW Ureecc lW Ophir 70 nninswlck C IK Phoenix 03 Comstock QG ½ Potosi 05 CC Va 1 Savage 01 DtaUwood 60 Sierra Net 13 Iorn Sliver 1t Sm Hope 40 3rofrSI1l V 4 CO Standard 323 jadylllc 07 I z iosiok MINING STOCKS A1venture 4 2150iHumboldt 2500 Atlantic 2175 Parrot 3900 JilllSham tS00QuJncy f 11 CJ5OOjTnmaraok 2LOOO Centennial IQrdUtnh 2125 Prnnklln < lGGOVlndna f nr 2W OBCcola 3l2IVolvcrines GSM Grain and Provisions Chicago Oct Practically the only bull argument for wheat at the opening was a hotter tone In the cables Receipts w < rc still large the weather perfect and tniro wn no largo cash demand December De-cember however opened c to Uc higher at 6sJt < 05Tic and on sonn fair local buy Ing began lo throw off the bear influence that him prcBscd It for tho last week May wheat had u fair trade and following this nnd a report of Increased buying for ex port December advanced anti closed firm W Hc ujf at G93G9VC Corn had a firmer undertone helped largely by i bettor cables and a desire lo CoVer ijliqrt accounts over Sunday De cember closed steady Vilfvic tip at KHQ Oafs had a dull narrow trade Dccom Wr closiHl a ahnde higher at 3VJ c Provisions were dull and In splto of de cMncs eecmcd to have a good undertone Early liquidation brought lower ojionlng iirjues for Juruitry products but a fair local and cjish clomand absorbed them wuh but fimull IOKSLB January pork co cil 12cC down lard lOc lower and ribs I Co downRANGE down-RANGE OF THE LEADING FUTURES Artleli Open lllnh Low Close pcat No 2 October G7 C7 G7ft Ti I iiiihcr it 9M 0S CD Muy 72 72il 72 72 t tpn No > 3 OtlolJor 55 55 5t 1ceOnhl1r z0 rt1 r i i N5ty ASk f3 6sS Oats No 2 October 3iit I i liiy 37 4 376i r7i 3 O 7o Tn iMf s Pork OUobcr ii 9 r 1123 1I321A ll22i I January 15C3 150714 155214 mir zifl V AtJ i rj Th 3 J56j 1ii35 lariT p October 9S7I 090 OSo OS5 r p November 970 9721 970 5170 January jiio p23 tjnV P37 Way 95 n 271 P17 n0 p Short Ribs Oa1obrr s5 Si7IL S50 S62 Jaliuary sii SJ2 sJ1 I07 t Iny 17 817 S15 4 CASH QUOTATIONS I Cash ciivoiatlons wore us follows Flour 4v 1 slraily winter palent 3505360 utrniiht r 31 eIeitti Sfi3W wring a 4pe dais lt0 lunteutts uitrnigiui + + vtatJ No ii sJring No 2 ret 4u crflao No i nitu 3U3c No ilutie t 3icj3 No t No 2 rye u4t tir Choice mailing Jv > > Vi No J > 4 Northwestern lll prlmo timothy seed fwW mp B pork per barrel Uloftni5 + Janl per 100 jmunda 00 9l > 7ii short ribs 4 clJp looniM JSJ57SC3 dry salted shoul dorx boxed 7 17 = 0 short clear hides j3 tyxcd JD10i3 whlHky hauls of high 4L Wlnca 180 clover contract grade JST5 4 1 UECKIPTS AND SHIPMENTS Articles Rocpo Ships 4 > lour barrels 37000 130uo Whoat bushels 1X1000 19XiO + qu Corn bunliclH 2110 > J 2 > 3CO1 et r Oat buaheln 3210 J 377000 e Hyb bushel 13000 e llaflcy hubhols > 43000 25000 PRODUCE EXC1LVNGE On the produce exchango today tho but a ter market wn aloailv creamertpa Hi f 4Y 21V dairies lTilSc Cheese steady D 4 j1iIe i Kggtf freah 17c 1 1 Const Grain San Frajjolsco Oct P Wheat Inactive Djfembcr KSytc May 102 opot quiet arl y No iiuleiu hxporta from San Frnnclsco Uo Cork ir Hrltlsh HhlD Achnnahle 0011 contale i oC VJieut Wccldy Bank Statement New York OcC n The statement of tho associated1 banks for the week ending lo tiny la as follows Increase iC1 uflhI JX7n77X2W Dot Do-t Uepofllts OJ3K11CO 71C080 Circulation 361S1W IJOtf 3BiiI tenders 71003700 rzrfn 4 1101i4XX 1l82 c13 Il i rv 1utSX 10 u required 33552275 L7762uO t bttriulu 135002G 733CVO uwrcnn l TinFittuclc ayi t tim noWvOrtl I A Iluu the Bhlpmonta of money to the In tc nor iuiit week wore unusually heavy tLtflOtitltIig Including transfers through I r f etumreasury > to 5977XO nnd the dl u rsct mflLfluuut ° r mo < ey wa ciulte lurjcn i to the Ett li while coimldirrable nmuunts i cp tt irtti St louis nut to oth r South ctvrn poliuth t1i return movement sri Its r Tini1niIy fnu 1hIiudt1pha ituid oth ei I rIh1ajin Cities U I itiIt Wotthlr 0 It infittili flFfl O1IritlOfltc of Limo u b COfltintue to rtbiria totuld rab l urr8 of mone > from the liankd a la p V Bhown by the fact that last week tho excess ex-cess of receipts over payments by that office was 5130200 Inasmuch an treasury disbursements for bonds will hereafter bo comparatively small the buying of tho 4 1 per cents of 192o J having boen suspended by order of tho Secretary of the Treasury the fiscal ope I ration of the department should receipts continue in excess of payments will bo likely to have an Important Influence upon the cash reserves of the bunks There will probably be considerable amounts of Yukon gold transferred to this center from Paclllo coast points dur ing the current week through assay ofllco checks which will somewhat offset bank losses to the subtreasury and the in terior London Wool Auction London Oct 5The offerings at the wool acutlon sales today numbered 13 500 bales Tine grades wore llrm but mediums were Irregular Withdrawals Increased In-creased Up to date 233COO bales havo been cp pffcrcd of which 10100 have been with drawn St Louis Wool Market St Louis Mo Oct K Wool Dull Territory Ter-ritory and Western medium 14fll6c fine lltfflljic coarse 12l > c San Francisco Wool San Francisco Cal Oct Quotations on wool hero today were Spring Ne vada 10l2c eastern Oregon lOSIHc val ley Oregon ttinu Fall Mountain lambs 7a 0Sc < San Joaqum plains CftSc Humboldt and Mendoclno lOiil e Live StockS Stock-S CHICAGO Chicago Oct G CatUe Receipts MO steady good to prime steers 5 15g6CO I n oor to medIum 3490 stockers and I eeiCs 225j40J cows and heifers 13 t i75 canners 12j225 buils 17i15 rnlves 250tjC23 Toxae steers 200J3SO AVoatorn steer aG3Ti32o Hogs Receipts today HCOO Monday 30000 steady to weak mixed and butch o r 0lfIG70 good to cliolco heavy J369 rs5 rough heasy i20iG50 light 00 4 665 bulk of taI S04j6C Sheep Receipts 2300 steady good to cholco wethers J335fi375 fair to choice mixed 5300g330 Western sheep S2EOiT 300 natlviS Iambs 250217o Western Iambs l S325fil25 S325fil25DENVER DENVER Pourer Oct 6 Cattle Receipts Sfti steady to easy beef steers f3239l40r cows Si7StTIlriO feeders freight paid to 1 river C2S tjI20 stockers freight paid to river cOOylOO bulls stags etc J2001P 250 250Hops Receipts 100 steady light pack t crs CCOgo70 mixed fGCOifflC5 heavy I470fitJ73 Shoci Receipt COCO steady KANSAS CITY Kansna City Oct 5 Cattle Receipts II 0o uxuhange noun Fridny8 close 1ogmReeelpts steady bulk of s ales jji5 heavy 57sj5 pnckcrs a nd medium 0piiu173 iiihL L10G7i I yorkcrs JjOOfiCO pigs 500f G01J Shcoi > Receipts 10 steady muttons S275fr315 lambs 3tXy42ri range wethers 2i5fl315 ewes t50i3i0 stackers and roeders S155325 OMAHA Omaha Neb Oct G Cattle Receipts 100 nominally steady unchanged Hogs Receipts C700 5e lower heavy s 550GG5 mixed WcWaGVite light 640p G52 pigs J3 6630 bulk of sales JG52 Sheoi Kecclpts 3X > steady fair wcth cn > jOOt3SO fair < > wes 5250J3 00 common com-mon and stock sheep 5250ff300 lambs S350ftl00 ST JOSEPH St Joseph Mo Oct 5 Cattle Receipts 117 market quiet and steady Texans un c hanged naUves 3C0Zj023 Texans and Westcnnmu 2TuS0 cows and heifers iE0j10 buIi and ittags 200h485 stock eis and feeders 1ji4JS J logs Receipts ISO1 market opened itcady to strong closed weak to 5c lower low-er pigs steady lgu and light mixed WDtfiiGSOJ medium and heavy V5COJjG5w Sheep Receipts none Butter and Eggs New York Oct f Butter Receipts 2100 packages steady State dairy HI1 21c creumcrlcrf loQ2 ci June creamery 20l22c fresh factory 1241ic Eggs Receipts GOiK packages linn Western candled 20ft21e uncandlcd llig Now York Sugar Market New York Oct 5SugarRaw quiet airieflning 36lOocentnifugai 96 test 3 c molasses sugar 3e reiin d mtendy c rushed 56Q powdered 520 granulated 510 Stocks and Bonds New York Oct 5TIme holiday in Lon don today accentuated the dullness hero and tended to relax the selling pressure us London him been a constant seller In this market of latu The fact that there Is i no loan market at thu stock exchange on Saturday also tended to relax the pressure upon the market Pprccptlon Is growing or the fact that the question of the ertcct of the Interior demand for money on the stock market has passed lie itnge of argument and has resolved Itself Into n question of how resolvedV timer stock market liquidation may have to extend While there has been no stringency of money during the week this has been due 10 the fact that In reducing their outstanding V out-standing loans bankers havo been dis culminating against Industrial collateral rather than marking up tho ruling ritca for call lonns Owing to the continued L firmness i of sterling exchange In spite of a larger supply pf cotton lithe thh week relief by gold Imports does not appear Imminent i Demand continues from bankers bank-ers short of exchange and experts In that market declare that a large short Interest remains lo be covered during November It Is said that conic fresh sterling loans have been negotiated this week The loan I Increase Jn the bank statement revealed I that other forces are sllll at work in tho credit market which offset the stock mar ket liquidation This and the renewed pressure aculnat Amalgamated Copper depressed the whole market ThTo has been some Irregularity In tho stock market frqm tlinu to lima during tho wcuk and dealings havo been on a small scale Tlic Cdur e of prices In Ihc main has boon downward and the weakness weak-ness increased during the latter part of i the week Tho mipport of the market at the weak spots which wns a fonturo dur ing lie crisis following the assassination oC President MtKlnley and which wns attributed lo the Joint efforts of the groat bunking and financial powers of tho country has btvn conspicuously lacking The liquidation hon not been heavy nor apparently urgent but very light demand was forthcoming at the declines and there sctmed to bo a general agreement of sentiment In the street that a rcnc llonuo movement WAS duo and need not be contested This ison acquiescence In the normal course of prices of securities at thin time of the year when tiio largest demands are annually made upon the money mar kolH for tail trade the moving of iho crops and the period of waiting for tho situation lo slmpo llsolf concerning time outlook for the coming year The arti ficial support which was considered necessary ne-cessary when the shock of time Presidents assassination had to bo nvt In order to prevent demoralisation and panic Is no longer considered ncceaaary Tho oppor lunily having boon given for duo con lilduratlon and preparation to treet the ulilmaio effects of that event the market has beer left to time natural play of forces So far as the general outlook is concerned con-cerned confluence has been maintained Trade returns are encouraging In practically prac-tically all branches Bank clearings the country over continue at a record figuro Tlallroad earnings arc still nt u higher level than last yian though the ratio of increase Is running somowhat less than for earlier weeks and months for sometime some-time pastA past-A feature of many ofpthc railroad reports re-ports coming to hand both for transcontinental transcon-tinental and trunk lines Istho fact that Increases In net earnings tire achieved on a somowhnt lessened volume of actual tonnage moved This Is a demonstration de-monstration of the healthy effect of the maintenance of freight rates and roflccts the progress made ln the community of interest an a factor In suppressing iho ratecutting which has made such serious Inroads upon railroad carnlngH In times fast On the other hand the reduction In the freight movement Is not an ntln ly re nsgurlnK fuel In part this condition Is due lo tIm higher grade of much of the freight which Is moved and which Is > u natural consequence of the prosperous conditions of the country Time eastward movement of agricultural products shown a falling off partly owing to the shortage of the corn crop and the holding back of cotton Uut tho westward movement of mcrchnndl whose classification Is under higher freight rates has continual at an unprecedented volume While this condition condi-tion has served to sustain railroad earnings earn-ings It IH obviously not a mMfperpelua thug condition as It lit In effort due to tin enjoyment of pant prosperity Conditions In tho steel trade are very I encouraging following the flOttl mcnt of I tho labor trouble The rOgulnr dividend of the steel corporation declared last wok IH nn Indication of the healthy condition Jn Uu trad The withdrawal of artificial odpport I from the stock market revealed come dls turblng conditions ns to the status of many stocks which had been mostly sub jected to manipulation Some of the minor railroad clocks which had been subjected to operations by speculative pools suffered wide relapses but the most striking effects were shown in tho long list of Industrials Attempts to market somo small amounts of these stocks re sulted In n collapse ot their prices Into fragments Several factors combined to awaken the latent distrust with which these securities oro habitually regarded and which is reflected In the low prices at which they sell compared with the rate of dividend return The nominal cause was the declared constitutionality of an anil trust law of New York State which em phasized a growing dread of attack by Federal legislation The collapse of the stock of Amalga mated Copper earlier In the month has caused Increasing attention to the lack of public Information regarding conditions or other Industrial corporations Tho ac lon of time United States Steel corporation corpora-tion In publishing a statements of month ly l net earnings opened up the necessity of other corporations following null yearly reports of Borne of the minor companies recently have shown decllnoa In l net earnings and resort to the surpluw to maintain dividends The whole question ques-tion of overcapitalization and ability to continue dividends In any but the most prosperous times has received renewed attention and parallels arc drawn with the experiences of railroad corporations under iho earlier financial methods of the country and the bankruptcies and reor ganisations In reaching bound conditions of organization Money market conditions have continued con-tinued favorable but the termination of the Interior demand for currency Is awaited to Insure further conditions Railroad bonds have been dull and Irregular Ir-regular United States 3s declined the 5s ½ and the now 4a 1 per cent Tho refunding re-funding 2s advanced over the closing call of last week BOND LIST TJ S rf 2s reglC0 U S 5s coup107 U S rf 2s coup10 Cob So 4s S3 I U S 3s rog 107 iD R G 4s 101 U S s coup lOS No Pac Is KM IT S n 4s rcg 13 No Pac 3s 7l IT S n Is coupJDSi Sou Pac Js U4 f > U S o Is rog 112 Sou Ry 5H i 117 U I S o Is coup 112i V P 4s 101 U S 5s reg mTtjIU P cons 4310e CLOSING STOCKS Sales High Low Close Atchison 10000 70 75 75 preferred 1300 9SL 9314 MA J3alt Ohio I 700 4WVi Q9V 09 preferred 03 Canadian Pac 700 lOS1 lOS 107 Canada So 79 Ches Ohio i 1300 mi U 41 Chicago Alton aOO 36 S3 To prelerrcd 1103 77l 77 77 Chic Ind L tOO 10 S0i 30A preferred 100 72 7231 72U Chic East 111 J20 Chicago G West bOO 22 21 2i A preferred 200 U SIVi Sl B preferred 42 Chic N W 1PJ Chic R I Pac 100 139 ½ 130 139s Chic T Trans 20 preferred 4QOAaS4 37 37i C C C St L COO 94 91 93 j Colo So UOO WH 13 Hi 1st preferred 53 2nd preferred SOO 23 23 23 Dcla Hud 500 liZ ICi 101 D Lack West 219 DRG 13 preferred 90 Erie 11700 40i 3D KtfJ 1st preferred 1500 CB > A US CSVa 2nd preferred 300 53 KIV6 C3 G Nor pfd 1S Hocking Val 61i preferred 100 74 74 73 Illinois Cent COO 11351 Ii3 113 Iowa Cent 200 3S4 SS2 3S preferred 74 L Erie West 400 G3A 2 03 preferred 125 Louis Noah 1500 102V1 10U6 101 Manhattan U 6500 120J4 11S 1181 Met St Ry s 1100 1011 aCOU 160V Mexican Cent xi 224 Mexican Nat w tt1iki01iI 13 13 Minn St L 100 104 101 101 Missouri Pac 3700 0311 93VS OS Mn Kan ft Tex 400 23 25 io preferred 100 52 52 51 Vi N Jersey Cent 1GO New York Cent 1500 153 161i 154i Nor West 25W G4Hi WT 51 J4 preferred 100 90 90 SO Nor Pjic pfd 100 Ji3 l35 03 Ont WesC s 9lK 9 53 31I > 32 j Jonnsylvnnla 5100 H3Ti 142i 143f Rending 3JOO Xfii X 59 6 1st preferred 900 75 11V 14V 2nd preferred SOO G0 < i 4341 49 1 St L A S K 1300 43A 42 41 1st preferred 77 V 2nd preferred 600 CCTs loi Go St L S W 100 2S 2S 23 preferred 100 COVi 6JVi 591 SL Paul 10700 lOOVi 15ST 139 preferred 187 Southern lao 500K SGA 55Vt 531 Southern Ry < G2W 32 31 3iv 1reforret500 S5 R5 S3 Tex t Pie i 1100 SO 39V1 II 39rf Tot St L W 400 20 20 m 20 preferred 100 SI 84 H I Union Pac S400 9G 934 955s preferred 100 SS SS i S7Vt Wabosh V 1100 2l > 20 o5 preferred J 2200 3S1 37ft 37 W < fc L Uric 17 2nd preferred 2S Wisconsin Cent 3 < X 21 20 20 A preferred 100 40 40 lOJI Express Companies Adams JSO American 1S5 United Stales 90 AVclls Fargo ICO Mlsccllanecus Amal Copper 49500 SSVi SI4 SIJi Amcr Car F 2200 23 24ai 24 preferred 100 SO SO 79Vi Amcr Lin Oil is preferred 45 Am S JR 5200 4111 39 03ld lweferred300 95V 95t p3u Anaconda M Co lSOO 3GH 35 Si Brooklyn R I1 0000 61 CO G0 5 Cole P vt Iron 800 02 90A 90 Con Gas 2600 2141 212 A 212 Cont Tob pfd 115 General Klec m JW 230Ui 219 249 Glucose Sugar 1300 16i 455v 4G Hocking Coal 15 Interna Paper T G TO 2W 21 V4 21M preferred 100 7uT 75 75 7 Intonrn Power 700 S 5i SS4 SSH Loclede Gas < M Nnt Biscuit 52 Nat Load JiO 19J6 I9i 19S Nat Salt GOO 3o S3 nivt preferred Nor American 95 Pac CoMKt G2 Pac Mall 200 10i 10i 10 Peoples Gun Vi 7000 101 102A 102U P Stool Car con 3Si us 3734 prcftfrrea UK 7G 76i 7G Pullman Par Car opj Republic Steel 900 JOi 14 us preferred fXW t5i 05 Vi > Sugar 1S2CM 117 115 lici Tcnn C Iron 2900 CO 5V4 5S Union Bog PCo > J 11 preferred 200 701S 70 G3 5 U S Leather 3100 12 114 uta preferred SOO 80 79 4 70 U S Rubber 300 14U 14 131A preferred 10 BO 50 isiA U S Steel 14700 43V1 i2m 42 preferred 52DO 93 92 92 West Union LOO 00 90J y > |