| Show ILIQUIDATION l IN STOCKS K Professional Bears Covered Short Contracts I i I I I f PROFESH TURNED BUYERS I t I Went Long on Market Then Worked for Delay l i Llttlo News to Account for This Change in Sentiment Hnrrimans Health Exercised nil Influence t Now York May JO J Todays recovery in the Block market was In nccordnnco with the expectation of the majority of professional profes-sional traders This expectation conduced materially to the reenvry by restraining the professional hi > ar element from further fur-ther attack on juices Yesterdays rather violent declines and tho Increase In the Sll voiUmo oL trailing over tho recent avCr of the market the of L4u IHrlwt Inc Impression a culnilnutlon of the dot I Inc tl ctclne Thero was some further decided liquidation liqui-dation In the market this morning but the professional hear eluincnl availed Itself self of thla opportunity to cover their outstanding out-standing ahort contract Thero was evidence evi-dence of support nlao presumably by those Interested In sustaining values especially in Sl Paul and New York Central The recent unsupported condition condi-tion of these standards hnd had n dominant domi-nant Influence on the wholo speculative lone and this mornings Indications that tho fnrtlier decline wai to bo contested helped to dccldc thc hears to cover The IonS continued decllno offers attractive at-tractive profits from the shorts regardless regard-less I of opinions on the further speculative outlook The professionals therefore generally luriivl I to the buying aide covering cov-ering their short contracts going long in thor tho market and then working for n fur f i delay There was very little news to account t for this change In sentiment the general conditions of a doubtful labor outlook t prospects of further cold exports and 4 other considerations which have caused the rocnnt depressions being unchanged The market proved to he sufficiently oversold over-sold to make the turn for a rise effectual I But the market hulled hard In tho Hloek exchange plirnne and ran oft quite easily at the I last leavln only fractions of the days gains where they were not entirely wiped out On the labor subject there were reports of disputes In the works of tho General ICleetrlc Illpublic Steel Peoples Gau and AlllsChaliwrs works But tho rumors prevalent of a settlement of the Union Jacllle J labor dispute had a prevailing I effect ef-fect on the t market over the other reports The rumors with the report of tho derided de-rided Improvement In the condition orE or-E 11 Ilarrlmans health were made much of In the 1 buying movement So was the weekly crop bulletin of tho weather bureau bu-reau without much attention to tho va rjlng allowing In the territories of tho different railway systems The generally etirouraclng reports as to the winter wheat crop in lie Western slates were than the continued given more attention conLnueL J delay In the planting of tho corn crop and the rather unfavorable view cx prpHseU of the Cotton prospect The sudden relapjo In Louisville t Nashville at thC last which more than wiped Us gain may have had to do with r the cotton showing Another rumor which got afloat on the tide of the day s adumcu was an alleged purpose on tho part of the Secretary of the Treasury to anticipate the redemption of tho J percent per-cent bonds which mature next year No tolor of authority WAB obtainable for this rumor Sterling exchange ruled strong and tho Strlng tXcUU1JC supply of bills was very scarce leading to the expectation that further gold would go abroad with the first available shipping ship-ping facilities Sterling at Paris rose a JhlS fraction but did not more than keep paco with the rise here Money hero continued eapv and hero were reports of seven mouth loans at 4 ie which rate has not applied hitherto this season for longer Dcrlodo than six months United States Steel new 5s were actively lnlt traded In and fluctuated over a range of a point closing with a net gain of Otherwise the bond ninrIut > waN Irregular value US2oOOO Lnltid Total sales par all JS Unl States Ixnubj all iinchanRCd on last call NEW YORK BOND LISTS 1 LIST-S rlC 2t1 rS10 L Nash unl gl0 Coupon 1f lex Cent 4s W U S s reg 1O71L 1 hi Inc G t 1 rlJ 10J Inn St L IS1r 1 S n IM reg 13 Mo h T 4s r 1 OUPOI 1 13 2 S L S old Is reS10 NY C gen 3 1101 lT Coupon 1H N J C gei 5s 1124J 1 S 5s rer 101 Nor Pac 4s 102 l Coupon 102 38 717j Atchleon Ken 4i1o XorC W 0 Is lfO ndisL 4 l HelLlnS Jon 4s i 1 r Ohio IB 1t1 St I 11 c f81 31 1 I St IJ S Ii 4S r cony Ia 1C Sl L S d r 18 ran So 2s 1H 2 l C of GCorJht 1 101 S A A P 4 a 70 is Inc 7i South Pac 4s C 0 Jh JOI So fly 5 lG Chic A 31 4s 77 Tex Pao 1 1 C Q n 41 9 T Sl L W 7 CMStIg4si P Pos 02V e N r con 7g1311 com 4s i 1 I < P 41ll Wabash 19 115 C C C 8 IJ g lsI ul0i chi Term R 3A I Deb D j Colo 80 Is Si West Shore 5 10 DRG4u W WLErio I92 Eric II i fleit 4 1 r Win Cent 4s 91 gen IK f Conl Tob tH F W D C 18 11 Coin P 1 JL Pennsylvania iloelt Yal P4s lfj V ocl lidand 81 CIOS C SrOCK LIST Sales 11Ih Low Clol Athison I i9 t 7I 7lh PrCrp 110 f 9 1nll Ohlo 3O P W t PIpfn aoo D2 91 znijlaii Pacific 111 13L 12D3 13111 Canada Southern r hn11Wik Ohio 150 1sh W 41 Chicago Iaon IUJ 24 Ih2 cfen1 l C0 G0 y G I M Chicago at W 9J r 0 21 l r A 11rtrprrClt 7 I prftrrcd 2t iO 3 3 I hicago N V HO Ii li liS Chicago T T JJo 15 1i4 J5 Prettrrcd St I JWJ JfY 2 23 eclorco Southern 10 Z 21 Z1 1st Ireferrl G ril prdrr 6 7I 4j t Dd 1Iudoi 2O0 11 IiI 171 Drl IAclt W fl0 22 51I 1 3 D tr I r nlo G at 3Y 3H Erl 10 33 tl4A 3 + ht J lrClrII 10 G CGY Gb lprit rrl 2 G lI CV C I I Gl Olth11 JCd l I 1kln Valley ii lll 10 s 11OIS ntrnl i 131 131 l lrjna Centra 400 12V 31 8 1 rCfrrf 6 5 0 5lh I 1 WeMfl IJ 3 3 j PI frrf 10 laS 103 lO 1 Lml5 Xhvile 25v 15i IH IHY jiAL E + + + + + + + s + + + + + + + + + + + t SILVER + + New York Wc + 4 San Francisco 54ic + 4 London 23id + + LEAD + + f New York Exchange431 6 + + COPPER + + Xcw York Exchange51110 + + STOCKS AND BONDS + + Stock market Is again on the upgrade + + up-grade + + 4 GRAIN AND PROVISIONS + 1 f Grain market firm July options + + u P + J 4 September provisions closed 10 to + + 20 cents higher + 4 LIVE STOCK + + Cattle Slow steady + + Hogs Opened steady closed 10 + + cents lower + + Sheen Steady lambs steady to 4 + lower + + + t + + + 4 + + + + + + + + + + + Manhattan L 700 iaIi ISSli t lK Set Street Ry 2 > 13YJ IMg 330 Mexican Central Mp 27 2I IJ Va 2f3f Mexican National 1200 23Hi 22 7 23 Miun St Louis r Missouri Pnclro 21100 310 InS 11J Ilsourl TXfl8itC 21Ti j4 t 24w Preferred 1rJ 5G G F6 J Central i3 N York Central 7 O IWi 123 320 Norfolk West Ol r G MVi Preferred JO 0 0 S Ontario West 2100 27i i A Pennsylvania SJSOO 2 127 > 327f heading l 1WO 5li 50Ji G0 1st preferred S 2nd preferred 10 r S f GS C St L San Fran 1100 7C 7o ta 1st preferred lOW SO t i > 7S 2nd preferred 0 07 67 Gtrk St L Southn 3W 21 I 2L 21 Preferred 3400 4571 49 4DH1 5L Paul 31000 1uTFJ 155 156 ½ Preferred If > Southern Pacific 12800 52 Bli 1 f > 2 Southern Railway 11900 3 H 2Si Preferred 5Jli Texas Pacific 3200 23U 32 32 i Toledo St L W 10 2lni 21i 24i Preferred n 41 J Union Pacific o 32601 SS SGJi S774 Preferred to > POii E9J OT Vabash ZOO 2C = fi 25 = 4 2014 Preferred 7WO m 46 4GVt Wheeling < c L E 200 23 22 ½ 22b 2nd preferred 2 o 31 Hi 3H1 SJ I Wisconsin Central SCO 22U 22 22 Preferred 10 4551 45 45 Express Companies Adams Z merican t 1 United States IIS WcllsFargo 200 Miscellaneous A malg Copper 20400 G5 63 5S Gnt LAmer L-Amer Car F lWXI WB 3 S5 6 Preferred 900 M SS S9 Amcr Lin Oil O 34 1 1 Preferred t 33 Amer Sm Ref K200 46v IS1 ½ 4SJ Preferred lGOO 954 94 IX naconda M Co 300 301 301 lO Brooklyn R Tran 77CO G3 G1 ½ IHl Colorado F < c Iron lSOO liSi G iT7 Consolidated Gas 1M 2l WL 2frn y 1 Cont Tob pfd 111 ½ General Electric lOSOO lS3i 3SCI lot Hocking Coal 200 1Th lit 17 ½ l Internal Paper 10000 1G ½ 35 ½ lili Preferred 70 Internat Power 300 n r O A 39 Lacledo Gas 97 National Biscuit 2W 42 42 411 National Lead 10 19i 19 19 r 3 North American 400 I D5 93 M Pacific Coast 67 Pacific Mall 27 Peoples Gas 2200 101 100 lo Pr Steel Car 3900 Ki fn 5514 Pullman Pal Car 200 215 211 211 Republic Steel 1200 1 1C i 13J Preferred COO 76n 71 761t Sugar 2700 121 I 323 123 Tcnn Coal Iron 3W DJ WJi 5S3i Union B P Co 100 9 9 04 Preferred 100 r r r U S Leather G500 If i 12i 13 > t Preferred 1310 95 9W 05 U S Rubber O 1o1 35 141 Preferred oftl G2 51 f0 t U S Steel 10200 t1I J 333k Preferred SJCO KP SIt s Western Union 700 I ¼ Si i S4 Arner Loco 900 21t4 I 24 21I4J Preferred gix < j fv 92 7 9 1V K C S 10J 20 > L 29V1 29 Preferred 100 f en GHf Rock Island 35000 llV K i 40y Preferred 1200 73 ½ 72 73u Total sales for tho day CGSGOO shares Silver and Drafts New York May 19Bar silver 54c Mexican dollar 43c San Franclfcq < May 19 Silver bars 3Hlc I Mexican dollars lc I Drafts sight 7c tclcgmph lOc Money and Exchange New York May 10Close Money on 01 call easier at 152 per cent closing of fered at 1 per cent time money steady sixty days 33Tn i per cent ninety days 35ifi I per cent nix months 4A per cent Prime mercantile paper JJftjJS I per cent Sterling exchange strong nl4SS15 Stcrln trolS ntISt1 for demand and at 51S510 for sixty days Posted rates s and iS4jiS3 I commercial bills lS PtIlITh New York Metals New York May 19Spot tin declined is In London to 3 12s Gd1 und futures wen marked down lOs to 132 IOn Locally tin 2900 was easy and low spot I closing at JiSlQjf I 200There There was a docilnn oC 2s Cd In London copper prices spot there closing at C2 17H Gd and futures at ui2 I 7s Cd Tin New York copper market wag quiet and more 01 less nominal at J14M for lake electrolytic electro-lytic and casting Lad remained steady at 5i374 locally In Iondon It declined to l lOs 3d Spoiler declining to 2s 3d in London to C1 was unchanged horo at o75 Iron closed at 528 In Glasgow and at 45s IO ½ d In Mlddlosboro Locally Iron wan quiet No 1 foundry northern IB quoted at 52073ff2100 I No 2 foundry northern at S197rfj202i No 1 foundry southern and do soft at 5COg2100 Butter and Eggs New York May 12I 1tt Receipts 9000 pnckes State dairy 17l21c extra creamery 22c creamery common to choice Y Eggs Receipts 1S00 farket Irregular AVoatorn storage packed lie do llrsls NMil7c |
