Show FEVERISH PRICE MOVE Oscillations in Wall StreetS Street-S Show Lessening Tendency VOLUME OF DEALINGS SMALL Market Also Gave Evidence of Further Fur-ther Progress Toward Normal Conditions Con-ditions Advancing Tendency in Union Pacific Was Checked There Was an Advance in St Paul Amalgamated Copper Was Active Center of Speculation Buying Was Large Apparently by Insiders crrirn T > New York 1 San Francisco London LEAD S New York exchange Jl37 S COPPER New York exchange 51700 Silver and Drafts S New York May 1C Silver certificates fOe S COcBar Bar silver KlAc Mexican dollars JSvlc San Francisco May 1C Silver bars 50nc Mexican dollars 19l fT50c Drafts sight 10c telegraph 12c Money anti Exchange New York May 16 Money on call steady at 2tft5 < per cent last loan 2A percent per-cent ruling rate I t per cent Prima mcrcantllo papqr Kjll4 per cent Sterling exchange tlrm with actual business In bankers bills at SIS8 for demand de-mand and at 1SI < 71S4V for sixty days posted rates IS5JV U9 commercial bills lifflii4 Now York Metals New York May IfiCopper was dull at 17uO for lake and lijG2 < for casting Lead and speller were without change b Pig Iron warrants dull and heavy unchanged un-changed San Francisco Mining Stocks Snu Francisco May 16The official closing quotations for mining stocks to day wcro as follows 5 Alta 5 2 irnlcn 5 07 Belclicr p9 OccLCon 33 OpImIr Bullioji 02 Overman i Caledonla i Potosi 12 Cimni Con 10 Qtmecn Chollar no Scorplomi 12 Comiildemicc 50 Siorrt Ne 16 C C Va 2 SlIver 11111 10 Crown P01111 13 Standard 890 G C niba Con 20 II N 21 Utah Con Justice choW Jacict 17 Mexican 19 NEW YORK MINING STOCKS Am Srnt R 5500 Adams Con 5 23 preferrc l 9500 LIttle Chief 12 5 AlIce 44 Ontario S00 1 I3recco 150 Oplmk j3rimnsick 19 Phoehlx it Comsoclc CS Potoi 02 C C Vu 225 Savne 10 IThn1wnorI T 61 SIerra Nev 12 Horn Silver 115 Small hopes 45 Iron Silver 60 Standard 3S0 S Lcadvilie 05 BOSTON MINING STOCKS Adventure 1525 A ial Copr 511400 Atlantic soso Osceoia S725 3ingham 2303 Parrot 5250 B M i20425C0 Qulmicy 26500 Br 13 1Cieo St Fe Copr 610 ci ii 8250 Tamarack 82500 S Centennial 2S62 Utah 2900 1pnkiin 1775 Winona 300 IIprnboldt 2060 WolverInes 5100 I S Grain and Provisions S Chicago May 1C Rains of more or less plentlfuluess over the Stale of Kansas together with a good drenching admin istered to time young crop of Oklahoma and Texas was taken In the wheat pit an Justifying a lowor level of prices and July at the opening was offered liberally iwiIe to rc lower at 71aic to 7U6c At 71c some buying orders were reached nqd as cables were steady Northwest receipts moderate and thorp was an unexpectedly un-expectedly stiff demand for May July rallied to 71 > jc during the first hour Tim demand for May which raised that delivery to Tc premium over July nt ohc time was reported to be duo to the necessities of New York shorts and not to export sales as had been thought nt first This explanation caused n sllsrht rtictlon and iho romalclcr of the day the market ruled dull amid at times en tirely neglected The close was rather easy July Uc lower at 437Hc Mav closed with Vi < rc of Its premium still held In corn HIP expected squeeze In May did not materialize On the contrary tho bull leader was credited with liberal sales of that option as well as of July May S ojPueri unchanged at GSc and under soil lag by Phillips dropped to G5o A rally of ll ½ c followed and then It declined to 5c The close was 31c lower at SIVc JUIy closed < iic down nt U Ky lljjc Lack of offerings were the factors Oats opened steady but weakened later S la-ter on the rains and heavy soiling by byS Phillips amid the bull party Trade at first was weak but became quiet Inter S S July closed fc Uc lower at 2SI4c May S closed c down nt Me Provisions wore quiet and steady on light hog receipts July pork closed 12c higher lard 5g714c up and ribs unchanged un-changed RANGE OF THE LEADING FUTURES Articles Open High Low Close Wheat No 2 May 71 72A 71 > 71 July 71 71 6 71 71 vi Corn No 2 May i S c1 53 JVUA S July is i5l iitf ti7i I Sentember 11 13 11a ll14 Oats No 2 May 31 8L 29Vt 20S July 2 4 2S i 2SYi KK L S September JCJi 23 2G 2O1 > i Mess Porkj May llSO llSO llC7i 1 1170 July llSi 119 1175 I 11S2V SentPmbcr U72 HS2JA 1170 1J70 Lard May S02 6 802 ½ 797J 797V S July t 79 5 802A 795 797k Sentcmbor 797 i S02Vj 7976 7071 Short Ribs May S071 S07 SO5 S 05 July 7S7U 70216 785 785S September 72 ½ 7S7 7SO 7E2 > S CASH QUOTATIONS Cash quotations were as follows Flour 1UI1 No 2 spring wheat 73li78iAc 3 sprilmg G7i0c No 2 red 7IVij72c o 2 corn 5Ij5tc No 2 yellow 5l07e o 1 outs 10 ¼ I1c No 2 wIiite 8Ov1i 3ic No 11 wimito 20i3Oc No 2 rye tiR 4iic good feeding barley lt7J52c fair C choice mnulting W159e No 1 fiaxseed St73 No I Northwestern I73 rrimc timothy SCei 3QQ355 nmcss pork PCI bariel li7Oiii75 ltrml ier 160 S707 tfSOO short ribs sides loose 7t1Ci 810 dry salted shoulders boxed WtFJc Mhort clear sides boxed S12 > A S25 Whisky basis of high wines I23 1 S RECEIPTS AND SHIPMENTS Articles Rrpts lOhpts Flour barrels 13000 22000 Wheat bushels SOCftO 7WOOO 1 Corn bushels 25SrtX > r27r Oats bushels 152000 195000 I Uyo bushels fiOCO 15000 Barley bushels 1SOOO 97000 PRODUCJB EXCHANGE On the produce oxchange today tho butter but-ter market was steady creameries 115 18c dairy llfrlGo Cheese 9iiil1c Eggs easy fresh llc Const Grain San Francisco May 1OWheatDu1l December 103 S Barley No sales New York Sugar Market Now York May 1C Sugar Raw firm but ciulet fair refining 3Jlo centrifugal 06tcst 1032c I molasses sugar 3 ½ c refined 5 re-fined quiet S Butter and Eggs Now York May i6i3imterTteccIpis 100 Steady Creamery ISfflOc factory iluI13c EgsReccipts 15103 packages Quiet Weern reguintr packed > 11G13c storage Western i3ij1lc Stocks and Bonds fili York Way l6Thcro was a still further lapse ° f interest In the stock niarkt in iv l0ny us shown by the decline miuih < volume of dealings to below a mIllIon I i shares for the first time since tIle late jnin hour attained force Tin market also axo evidence of further progress tOS Ward normal conditions Thcro was Btlll a rather feverish price movement but the nOBClKtIonB showed a lessening ten dency There are phenomena which In AiVnl y follow a panic Usually the first Violent relapses after tha first rebound 10 not carry prlcns hack ns low ns tIm panic level nor do the rebounds reach as hIgh ns tbo previous level After n rio Vco of tho fiuctuations has subsided there is likely to bo a dull period and a l hfavUallnf tendency to a level much i lower unices some now factors of strength develop to reawaken outside buying dcmnud TPnY ho < speculative contingent were I inclined lo look for such a now Inlluenco I to lie promised settlement of the Northern I North-ern pacilie dispute No authentic Information I Infor-mation can be had as to the terms of tins agreement but It Is generally accepted I ac-cepted In Wall sucet that It will In I sure the safeguarding of the hitorosts I wnich doom themselves Uircatened by tile F Burlington deal without retracting from I the boneflt of time deal to Its original pro jccloin 1 The rapid progress reported lo bo ma I Icing In the deposit of Burlington stock to DO exchanged for the proposed newt hoillln lrnll t unnmc n 1 nnai < v > mutlon of the Burlington > dcai1rho > ffcet j or this development was most immlfcst In St Paul and Northern Pacific Northern North-ern Pacific owing to tin abnormal standIng stand-Ing of that stock In the market was not an Index to lime situation The process of exchange going on In the Burlington stock affects It to some extent In the same way The lufvanclncr tendency In Union Pacific Pa-cific was constantly checked supposedly by i the surmises is to lliu methods of financing the purchases of Northuru Pacific Pa-cific stock mado In the vompanvs Interest Inter-est The advance In St Paul over last nights level reached 7 in Great Northern North-ern preferred ti Northwestern 0 and Rock Island l Another active center of speculation WHS Amalgamated Copper In which the buying was largely apparent by Insldo f Interests and ngutdlng which various favorable Items of news wore published during the day The most Important was S the reported Intention of the Vice Chancellor Chan-cellor of New Jnrhov to dissolve the Injunction In-junction against tho absorption of the Butte Boston nud the Boston Montana Mon-tana companies Time stock advanced atone at-one time 7A There woio various other polns nt special strength the causes of which wore not always disclosed Thus International Inter-national Power advanced 10V1 Minneapolis Minneapo-lis St Ixwls 7 on expectations of a dividend Increase American Express 9n Consolidated Gas SM1 hake Erie and Western ui Iowa Central preferred o and Pullman I5i i 1 Tho relaxation of forced llciuldallon made comparatively lIght buying orders effective In advancing prices There was undoubtedly a good deal of manipulation by insiders tho Interest of better price but there was also a growth In Investment Invest-ment demand for good dividend pavers But not loss striking than the strength with which prices adanccd was the case with which prices were forced down I again under very Hcht selling with which I the day closed with prices all lie way from one to five points below lie bcst and with net changes a good deal mixed and for the most part small Reports of needed rains In the Southwest tero an early encouraging feature and growth of labor troubles caused some uncaslnesss S especially the candid admission by the I leading publication In the Interest of the It I Iron trade that there may he widespread labor disturbances In that trade after lThc rase In the money market was duo cntlrelv to the falling off In demand and speculative as other causes aro ending sPect lo a steady depletion of New ork bank rhebond market was broad and moderately moder-ately active and price chaivjcs worn Irrecular Total sales 2bOOO u S bonds wore all unchanged on the last call BOND LIST R G Is l U S 2s rf rcglC6U D U S 2s rf coup 1064 No Pac 3s 7lS Pac 4 Is t ICflV No US3s reg S U S 3s coup ItQV Or Nay is ICO S j 13S Or Nay Is 1CS i TJ S n reg 13SV Or Sits 126 U S n Is coup 5sH7A O S L con U S o4s r g IflOfe R G W Is U S o 5s coup Sou Pac is 02 uslsreg i 74 Union Pac Is 105 I 518 coup1GS U S 5s coup Colo Sou Im 5t S CLOSING STOCKS S 72 Win Cent 19 Atc1IS9P 9t preferred 4l preferret Chi T Tr 20 ½ 13 0 preferred Can Pac B O pfd 98 ½ Can SOU C A 3SU c c preferred 1 7S C 13 Q 23V4 C G W C inti L e preferred A 79 preferred I preferred 41 US pr R in JCS Erie 2nd pfd 5Oi C v v Hock Val pfd 75 ½ Gr > 131 Tel 4V C PIW no Mex Natl JWl C CC St L 31 Tel St L W 17 i Cob Soil 54 preferred 32 1st pfd qmPCCCSt L C9 ndpM Mg Express Companies Dcl k 1ILiCI Com-panies D I Adams 176 D II G American 1M preferredi United States 79 Erie I Wells Fargo 110 1st pfd 2is Amal Copr 114U Gt N VM 11 Am C F 21 Hock ral M preferred 7SV4 111 Cent hSl1f Am Linseed Oil 20 ½ Iowa Cent 23ft preferred Wit preferred w Am Suit rt5l L Erie W 55 preferred 05 preferred li9 Am Tobac 123 lJ tt N 100Ta Ana Mg Co 16 Man L iLI4 Brook It T foet St Ry 150 Cola F Ilex 93 I-lex Cent 23Vi Coat Tobac 51 M St L S7V preferred 1QG Mo Pac 23 Con EIcc 2S M K T > X Intl Paper 20 preferred > AiN preferred 7fi Ai-N J Cent LO Lncledo Gas 80 N Y Cent un Nat Biscuit HVs Noff W 49 ½ Nat Lead 17 preferred S7 Nat Salt l3 No Pac HI preferred 7C1 preferred 93 No Amor S2Vt Ont W 31 Pac Cst 6S Pennsylvania1HV6 Pac Mall Reading 37 Peoples Gas lO3 1st pfd 73VA Prsd Steel Car 13 2nd pfd Ti i t preferred St L S F MVfe Pull Pal Car 200 1st pfd SI Sugar l4l1 2nd pfd C5V6 T C I 51 St L S W S2A Union Bag preferred 5Oi preferred St Patti 157 U S Leather i2 preferred 181 preferred 75 ½ Son Pac JGYI U S Rubber 20 ½ Sou Ry 27 preferred 62 proferred SI U S Stool 43 Tex Pac 13 i preferred 91 Union Pac 105 W Union OPi preferred 91M Con Gas 31214 Wnbash 91 Hock Coal I7 i preferred 35 ½ Intcrnatl S7 ½ Wheol L E 17 Rep Steel IT tT 2nd pfd 27 preferred 72 ½ London Wool Auction London May 16Tlio wool auction was continued today with offers of 15073 iallts Scourods wero In demand for Franco and Germany Croasbreds wore taken chiefly by the home trade Cape Of Good IIopo and Natal sold freely to the continent Liw Stock CHICAGO Chicago May 1C Cattle Receipts 0500 Steady to slow Good to choice steers > 105 < jOO poor to medium SIOOJ500 stockers nnd feeders slow J300S500 cows 52SOff > l C5 heifers 2SOf193 can rtora 210fj27ri bulls firm 100fltO calves higher j lOfiuo Texasfed steers 5190N10 Texas hulls KTVriSSi Hogs Receipts 2100 estimated tomorrow tomor-row 20000 left oyciv2000 Strong 2ViTi i So higher tel 595 2tlixed and huitcher 5651j590 gOOI to riloice heavy yii 505 rough imeavy 5565rjn75 iigh 5555J 5S2fe bulk of sales J575t7oSo Sheep Rncclpts J2000 Sheep and yearlings strong lOc higher Lamba ISo hlnhcr Clipped up to J505 Coloration SjGn wethers IWfiift5 fair to choice mixed ll5ii0 Western sheep 5I337j1 l 165 ycarl lags J150il75 lambs natives 5o105I5G5j Wcolern lambs Slf > 5 5C5 KANSAS CITY JCnnsas City Mo May Hi Cattle Receipts Re-ceipts 3300 IncludliiK I0 < Texans Beef steers steady to IOu higher other cattle steady Native beef steers ICOf6 70 Texas steers 3851ljclO0 J > Texas cows 300 h M23 native cows and heifers S325ifrG6o stockers and fotders WioftjOO bulls I W255MS5 calves IOKrGOO JJogs RuccIptH 18000 Market steady to 60 higher BUlk of sales o55ifT5SO heavy 57o i5S5 packers JoGOiiBSO mixed 5fi5 iSO light 535 6C5 york ors 530 < S5CO pigs 4lOOiS520 Sheep Receipts 2500 Market 5if10c higher MuttonK f390i150 lambs 5J90 c17525 Texas spring sheep 375J25 spring lambs 5cO < 5C60 DENVER Denver Cob May 16CattleRb celptH 1200 Strong Beet steers 375fl olUi cows 275fjMi1 feeders frclRht paid to river 53OOfiuCO stockers freight Piild to river 3Qei65 bulls stags etc I 20017325 hogsReceipts COO Strong Light 8275STh heaV packers sssT7j58O 800 strong Good fat muttons Sheep1ICeipts JIG9tfl7o lambs OOf525 OMAHA Omaha Neb Iay lGCattlC1b0diPt5 Native beef anI troflger 4000 Steady Western steers IO0 steers 40g560 cows amid 35I 4iS fcas teerS a heifers si07J475 feeders canners 37Mi6 20 calves stockers and Mwf bulls stags etc < 2755i25 53EOtfGSO 7900 2 ½ c higher I 1rogsRecnhrts 5GTI57O mIXel Heavy Sl2 ½ gos2L bulk of I light 56017665 ½ pigs 500t50 snIss 7fj270 enr SiicepTtCCCiPtS 21100 Strong wethers 375I20 eWeS liags 46017J8S oCk sheep 300 and 00 common stocVsnccVa 532s4O0 in lambs ffius lambs Wff5lO spring I M7j 1G00 |