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Show I in. Wall Street 'flu la yormlefls State of Specula- Sentiment Ovor Outlook p for Valuo3.v ;.MLTobk. Mav 2L Th0 la8t hour timv tha week's trading in stocks was Hl& most animated and tho otrong-mU otrong-mU of tho wholo wook. Tho day's , pjjns wcro (sufficient to dccldo HpLre for tho week's m'ovomont on jgcf gains. The bonk statement aprcsable curprlso and lmpollod iFL tuylDS movement, which lifted HLsrtlv. Tho movement was sud-L sud-L h3d not Bpread far In tho Hat MjjAj end of the session put an end to fmh tJcilnfi: was strong o1 near tho Uta. Tao father spasmodic movo-or movo-or tw0 Btclta Indicated somo wca tho part f surprised Bhorts. FaKif ot 1110 neavy reduotlon in tho Il'jaa $ot fcbr0"1 boforo tho publication publica-tion fltatoraent and started tho ft- E3ment Tho loan reduction M&r cirly du to tho resort of tho Wisa nwfcet to tho selling of lone: jfcit. procedB of which havo been JSxti. presumably displacing-- loans M.Tvlflka, Tho process involves bor-C&lT bor-C&lT London to meet the- Btcrling j&Ifiia thy maturo there. It lo ovl-yArtforo, ovl-yArtforo, that Hi export of gold la Ar.fprofltablo as a simple exchange "L, and tho early termination of 'Mmzi movoment of gold Is believed iti-i foreshadowed. Tho limitation h caJh decrcoHO of tho banka to $7,-Jb $7,-Jb tho week of tho record oxportB of Sftn fold Is convincing- evidence of SUlre offsetting factors to tho drain Sli In operation. Tho net result skive surplus reserve of tho bankB Lti Total sales of bonds, par ftftHkw drift of prices of stocks is Vtx of tho formless state of specu-m specu-m .n(iment over the outlook for "7be outflow of cold may be ac-ul ac-ul for by special causes, primarily ,puina canal payment and tho eicia rubscrlptlons to tho Japanese iffciHn loans. It 13 now freely con-i con-i ifcii the proceeds of tho subscrlp-(jit subscrlp-(jit to bo, remitted In full to London. B ttrt Items would call for about 5B In lbo exchange market. At n-( time, a rosorvo decllno In tho 1 d exports of grain and cotton for slKJiths reduced tho available sup-rfwamerclal sup-rfwamerclal exchange, throwing tho fort bark on tho necessity of oxport-pU. oxport-pU. Our supply of gold was really sltst at that tlmo. Japan has mndo. pals for war matorlal and supplies liilj country by direct ehlpmcnts of ID Can Francisco, and by reason of 'fcSow. and tho supply of domes lio Kjjiike production of gold, It Is cstl-Ihit cstl-Ihit the total supply of gold In tho ijj his teen unimpaired, In splto of ld of gold oxported frdm Now t It fms. probable that tho net re-1 re-1 tf the net gold export movoment lymi iraall. It Is pointed que that 'fail reduction In Government do-k do-k rlth, banks haa released a corre- -Ezg amount of Government bonds k re used to securo tho doposltB, fcLsau a fall In tho markot price. c"tSupr price for tho "bonds wldonB KroJu to tho banks on bank-note Is-vA Is-vA tends to stimulate tho Issue of ; loK3, in splto of diminished de-ti de-ti of the circulation. i&cad traffic oflicials are generally 1 that tho outlook for a revival of ife If not bright before tho fall, and fti have boon received of extensive Ufa retrenchment by tho railroads to fsfihe lowes In gross earnings. Re-, rJsf railroad earnings, as thoy come .i, fully bear out tho opinions ex-id ex-id of tho declining tondency of oarn-lu oarn-lu the effect has been depressing on tui Etocks, especially those whoso sis teem to have their Integrity fr.tl by tho heavy declines In earn-i earn-i Advices from tho Iron and steol irree In anticipating a quiet season w trade. The crop newB of tho week liliSid to afford any support for I fend market waa almost equally ijnd slueslsh with stocks. United Ji Is, ia and tho old 4s havo declined fcewt on call during the week. i KETW YORK BOND LIST. $h ..... W.STO Man con g 4s ..103 Wt re? ..1H Mex Cent -Is .... 65 gcn. 1st. inc W'i f "? M &. St L -Is S5 FJoa .. . .-.K& Ma K & T 4s ..100 laJ' -A&F 2 77 jFtf3, 12 Nat R R of Mox W 13 reg.,10On con As 71 ?n 105 NYC gen SUs... een 4fl ,101 N J C gen 5s ...131W o ....... 91 Nor Pac 4s 10! Vt teSe,CL'ta. 95 6s 73 tlo Is ....Id Norf & W 0 s.. OSIi. tcM-r O S L 4s and p.. 94?, Georgia BsJKV4 Pcnn con 3s ... W fn'cg, v,V- 74'l Rending gert-iB.. S3! MMo 4H ..103 Bt L & I M c 53.114 ? A VAb ., 7S St L Jfe S F fg 4a 82 J St P g45.ico Seaboard A L 4s. 70 i1,' P 3 .. 63 flo P.y 63 115 fcSLr 43,101 T St L & VP" 4s. 70 (lo I.' ?i u 3 81001 2nd Cs. 73U -n 43 W Dnb B 57 74n,f!i"M,59S W & L H 4s .... i::i88CF&I I CWSING STOCK LIST, iron 8a-,ca- High. Low. CIoho. 7-155 C9?i CSVi 63Vi 5r,tl0 l00 7S'A 78li 7Ri Snf0j 1.800 U7fe 117J4 llTVi Vife-""". ' so" Jso "ftrfS00 37?t 87i 21VJ lu "Itaweqt 160 &roT P 7400 129 140if Ktrini 8 ?-C4Stf MO 17't 17 17 preferred i;" J? Vlf " 2i" 2051 D0 CW JK' IMS "SOO 2i" 24 !y:: i!? 8 1.:::: J? C ::::: :::: :::: l&S?h " iwji 107 LiSHe 1 "I HP.a 05,''" .... 40 Jtfcrred Bl M" 1 62 62A WA Wnti'f8"" " W J6J4 1BM6 "IS Jj 264 . t E6fe CPV5 Slink1-"" ai 5i" Su' t-8t I,"' - U'700 Vb H 114 BS?a':::: :::: :: ' anaCo.... 2,yj0 2m 20li 21Vtl V SILVER. 4. f York B5!4o San Francrsco k&o -f London 23 7-lGd LKAD. f Now Tork oxchnnge fl.054.G5 COPPER. -f- Now York oxchango.. 512.62-12.67 proforrcd 200 G5 R43! fui ) St L & S F 2d pfd. 100 45 45 44 St L Southwest. preforred ' Southorn Pao 4.000 4S 45T4 4cl? Southern Ry 700 20&4 202 "oft proforrod 200 2-3 8231 Texas & Pao 100 21 21 205 T Bt L & Wcat 300 2-H4 2414 24 preferred 100 37 37 37i,i Ulon Pa? 11,800 53Ti S3(2 83 preferred . ' 017 Wabash ..." . y; preferred C00 34'i S3i uv. Whoel & L Erlo V . 15 Wis Central 700 17 17 17 proforred ICO 0 33 3SM ilex Central SCO 7 T& 7$ Exprosj companies-Adams companies-Adams 200 221 224 225 American. , 107 United S(atos 100 Wolls-Fargo 200 Miscellaneous Amalg Copper 10.000 E0 40 4951 Amor Car & F 400 J.7 17 17 preforred 70 Amor Cot Oil... yxL proforrcd 85 American Ico , preferred 2?t Amcr Linseed Oil 7' proforred 23 Amcr Xoco 1.S00 10;1 1S1 19 preferred 400 S2 S2 82i Amcr Sm & Rof.... POO AWl 49 49 proforrod 1,000 WVi 95 9514 Amor Sugar Rof....- E00 Yj& 125V1 12S Anaconda M Co 741 Brooklyn R T 0.700 4C 45;i 4c4i Colo F & Iron 2Si ConB Gaa CXX) 209?i 209 20V Corn Producta proforrcd C6 Dlstlllera' Bocurit's 20 Goneral Electric 155 Intern'l Paper , 102 preforred C5 Intern'l Pump 37 proforrcd 70 National Load .... 100 191 19V1 19 North American 100 62 S3 80 Pac Mall 200 2GU 23 2-.!; Pcoplo's Gaa SCO . 6 95W 6 Pressed Steel Car.. 100 2SV& 25tfj 25 preferred ftHii Pullman Pal Car 2095 Republic Steol . 200 t cyt preferred .' SSU Rubbor Goods 1G preforred 77 Tenn u & iron.... l.wo ai 35V1 Xfti TJ S Leather 100 C51 6 preferred 79 U S Realty 3.8CO 7 7 TVj preferred 2.S00 m 62 627i TJ S Rubber SX 1651 1GH W., proforred 1C) C7 C7 CCVj U S Steel 5,000 911 9Vi preferred 27.OD0 51$ 53 54& Westlnghouse Elec 155 "Western Union .... 00 S7& SSVd 87i Total Bales for tho day, 148,700 Bharcs. "Weekly Bank Statement. NEW YORK. May 2L Tho statement of nveragca of tho cloarlnp-house banks of this city for tho week ending today ehows: Loans J1,(X5G,dC3,5CO Decrease 22,376,100 Deposits 1,100.560,100 Dccronao 29.049.3CO Circulation 3o.4S0.400 Incrcahc 47C.7CO Legal tenders 7S.143.000 Incrcaso - 1.04C.400 Speclo 210.002.SCO Decreaso S.141.7CO Rescr'e 2SS.645,R00 Decreaso 7,055,300 Reserve required 275,141,625 Decrease 7,202,305 Surplus I 13,004.276 Increaso 177, CGo Ex. U. S. deposits 19.744.625 Decrease 1.340.S25 Tho Financier says: "Tho -notablo fea-turo fea-turo of tho official statement of the New York associated banks last week was tho largo liquidation, tho greatest for tho year, In loans, which, together with tho loss of cash, cauBCd a reduction in the general deposits, and consequently in tho resorvo requirements, so ae to bring about a small Increaso in tho surplus reserve. The loans decreased J22.275.100. probably the result of the cancellation of loano of Government deposits, and also tho repayment re-payment of oomo of tho recent syndlcato borrowings. The holdings of public funds were reduced J6.008.4O0 during tho week, making the reduction In tho fortnight J29.-283.000, J29.-283.000, This, it may bo noted, is somewhat some-what In excesB of the amount of the surrenders sur-renders to the treasury of the funds which woro accumulated in tho apodal depositories deposit-ories preparatory to the Panama payment, pay-ment, tho excess roprenontlng ourrendera under the second call of tho treasury for publlo deposits. The cash holdings of tho banks. decreased $7,085,300 net. reflecting reflect-ing tho total amount of gold withdrawn for export to Europo during tho bank wcIc- . ... "Tho average gain resulting from tho payment on Friday of tho nlno million treasury warrant to tho flBcal agents of tho rcpublio of Panama was so comparatively. compara-tively. It counting for only about one and a half millions, as to havo llttlo Influence In-fluence except that It caused the cash item to be made up on rising averages. General deposits decreased $29,094,300, which amount Is $-111,100 less than tho sum of tho decrease in loans, and of tho net loss in casn; meroioru, il. ment ahowo a good balanco. Tho required re-quired resorvo of 25 per cent of genoral deposits decreased $7,252,325, deducting from which tho net loss of cash loft $172.-023, $172.-023, as the Increaso In surplus rcservo, to $13,000,627, computed upon tho basis of do-posits do-posits less thooo of S26.S41.400 of publlo funds, tho surplus in $19.714.G2o." Money and Exchange. NEW TORK. May 21. Money on call, nominal; no loans. Tlmo loanB, firm; sixty and ninety days, 8fi3!A per ocnt; six months, S(?4 por cent. Prime mercantile paper, 34!A por cent. Sterling exchange, steady, with actual bualnens In bonkero' bills at $4.K6.&ya 4.S6.70 for demand and at $4.8-1.803-1.84.85 for sixty-day bills. Posted rates. $4.S534.S6 and $4.874.83, Commercial bills, $4.84g4.S4& Silver and Drafts. NEW TORK, May 2L Bar silver, &t&c, Mexican dollars, 44c. SAN FRANCISCO, May 21 Silver bars, Drafts, sight, 5c; telegraph, Tta Condition of the Treasury. WASHINGTON, May 21. Today's stato-mont stato-mont of tho treasury balances In tho general gen-eral fund, exclusive of the $150,000,000 gold reservo In the division of 'redemption, shows- Available cash balance, $101,390,216; gold, $74,149,961. New York Metals. NEW YORK, May 21. The undertone of all metal markets today was Inclined to weakness, and Bontlment, as a gonoral thing, wbh be or I oh, Trado wan light. Lako and electrolytic copper woro quoted at $13.001F13,12&: casting, $12.G2'3 12,8714. Tin. spot. $27.COfl27.80. Lnd, $I.C0tf4.65. Spelter, $5,165.20. Iron, dull and nominally unchanged, pig iron warrants, Hpot, $9.25. Imports and Exports. NEW YORK, May 21. Total imports of dry goods and gcnoral merchandlno at this port for tho week ending today were valued val-ued at 11,0S0,W0. Exports of specie from Now York for tho week wero iC-15.505 in oilvor and $15,- 689,270 gold. Imports of Bpcclo at Now Tork during the wnok woro $213,S32 gold and $45,450 In sllvor. Grain nnd Provisions. CHICAGO, May 21. Enormous sales of cash wheat In tho Northwest caused strongth in spcculatlvo options hero today, to-day, July wheat closing with 'a gain ot l'S'lHc. Corn 1b off a shade. Oats aro down ic and provisions aro down 7c. Excellent growing weather and largo Australian ahlpmonts had a depressing lnflucnco on the wheat market at the opening, but tho uncertainty of tho situation sit-uation In tho May delivery held the bears in check and prevented any considerable selling. Initial sales on July showed a loss of n ehado to Vic at BOHGSOio. May was unchanged ut 93c. In tho ab-Bonco ab-Bonco of any great domand for tho May option, tho price of that dollvory cased off a trlflo. declining to 78-c As the session advanced a number of bullish factors fac-tors cams Into prominonco. A statists , clan, In an estimate of the world's shipments ship-ments for tho wook, Bhowed a largo falling off, whllo at the samo tlmo claiming a heavy decreaso In tho visible supply Lator there was conBlderablo purchasing, on a bellof that the local stocks of contract con-tract wheat would show qulto a decrease on Monday. Tho predominating influence, influ-ence, however, was the sal of a million bushels of cash wheat at Minneapolis to country millers. Thcro was an active domand do-mand hero from Northwestorn houses, Tho market closed almost at tho top prices, final flguros on July bolnp at 58o, after the prlco had touched SSc. May closed at S9c, a not gain of ic. Clearances of wheat and flour wero equal to 191,600 bushola. Primary receipts wero 145.600 bushels, compared with 868,400 bushols a year ago. Minneapolis, Duluth and Chicago rpportcd receipts of 92 cars, ugalnat 91 care last week and IBS cara a year ago. During tho early part of tho session a bearish sontlmcnt was manifested In corn, duo to Ideal weather conditions. Lator In tho day tho markot becamo firmer, firm-er, in Bympathy with tho Btrongth of wheat. "July opened VJfft'nC lower at 48fl 48Vlc, sold up to 4Sft4Sc and cloBcd at 48Uu4Sc. Local receipts wero 11 cars, with 7 of contract grade. Tho feature of trading In oats wna furnished fur-nished by delivery. FuturcB wero adversely ad-versely affected by favorablo weather conditions. Aftor opening at o lower at 82i(J?32Ho to ZStfaSo, July ranged between be-tween aSVMiSSUc nnd 35c, closing at 3Sc. Local rocclpts wero 132 cara. Provisions wero oaaler on nelllng by packor3 and outsldo liquidation. Lower prices at tho yards woro the principal selling motives. July pork closed with a loss of 7c nt $10.95. Lard was down 2 fiTGc at S0.27fft. 30, Ribs wcra off a shade, closing at $0.SSfie,37. Estimated receipts for Monday: Wheat, 4 cars: corn, 119 cars; oats, 110 cars; hogs, 41,000 head. RANGE OF LEADING FUTURES. Articles. Opon. High. Low. Close. Wheat. No. 2 May 50 99?1 9S7I 99-K July fold) 8S 89 S731 8W July (now) Ryt 3 8 87 Sept- (old) 81 82 81, 82 Corn, No. 2 May 4731 4S 47 43 July 4Sii 4Sti 43t 4 September 47 47? 47& 47 Oate. No. 2 May 41 42 41 41 July .IS 38 3? 3SV September 30 30 20 SCty, Mess pork, por bbl July 10.95 11.00 lO.STVa 10.95 Septembor 11.22 11.22 11.22 11.22 Lard, per 100 lbs. July C-27 C.30 C.25 6 30 Soptombcr 6.45 6.47 G,45 6.47 Short' ribs, per 100 lbs. July 6.35 C.37 6.30 0.35 September 6.52 6.62 C.47 C.62 ' CASH QUOTATIONS. Cash quotations woro as follows: Flour, quiet and steady, winter patents, $4 70S 4.80; straights. $4.404.e0: spring patonta, M.3W4.C0, straights. $3 CO174.10: bakers', $2.6503 30, No. 2 spring wheat, 955709c; No. 3. 8W?07c: No. 2 red. $1.05LOG; No. 3 corn, 49c; No. 2 yollow, 51752c; No 2 oats, 41& Tf42c; No. 3 white, 40Q'llc: No. 2 ryo, 77c; good feeding barley, 361i'35;Jc; fair to cholco malting. 45ffvSc; No. 1 flax seed, $1.00; No. 1 Northwestorn, $1.09; prlmo timothy need. $3.05, mess pork, por barrel, $10 705'10.95; lard, per 100 pounds. JO.IS'Q) G.17; short ribs sides (loose), $G.12'(76 25; short clear sides (boxed). J6.2&SO.60; whisky, basis of high wines, 51.23; clover, contract grade, $10.75. RECEIPTS AND SHIPMENTS. Recpts. Shlpts. Flour, barrels 34,700 25,700 Wheat, bushels 15.000 1 47.400 Corn, bushels .....1S0.900 323.300 Oats, bushols 1S1.CCO 204.400 Ryo. bushels 7,000 2,500 Barley, bushels 44.670 PRODUCE EXCHANGE. On tho produco oxchango today the butter but-ter market was easy; creams, 14S18c; dairies. 12fiil7o; egga, Btcady, at mark, cases Included, 15Vi1'16c; cheese, easy, new, good, 719c. Live Stock. CHICAGO. CHICAGO, May 21. May wheat opened unchanged at 99 cents, and eased off to 9S31. July opened a nhado to '.vO'Vi" lower at SCftfie-;. After selling up to 37 cents, tho prlco reacted to SC31, but ralliod again. Tho market closed strong, July being up 1(T1 cents at 87, after touching 88 cents. May closed with a gain of cents at 991. Close; Wheat May. 99vi; July, S7 ,1 : old, K)0: Soptcmber. Slfc'SlMi; old. S3WS2. Corn May, 43; July, 4WiMS5s: Septembor, 47. Oatri May, 41; July, S34; September. Septem-ber. 20t:30. Pork Mav, $10.00; July, $10.93: September, $11.20. Lard May. $C.17; July, $6.27ffG.30. September. r-A 0.47. Ribs May. $6.25; July, $C.35ff6.37; September. $6 62 Rye May, 77. Timothy Timo-thy Maj, $3.05. Clover $10.75. Barloy Cash, 257. Flax Cash, Northwest, $1.09. Cash: Wheat No. 3 red, lOtfpl.OS; No. 3 icd. 1.O40J.O7; No. 2 hard, 'JGD1.C0; No. 3 hard, 83&-1.00; No. 1 Northern, 1 00; No. 2 Northern, 95K1.00; No. 3 Bprlng, 6C?p 1.00. Corn-No. 2. 49349; No. 3, 48iri9. Oats No. 2. 40fl41; No. 3. 40-10. OMAHA. SOUTn OMAHA. Neb., May 21. Cattle Receipts. 100; market nominally steady; natlvo steers, $3.0OJ?O.2O; cows and holfors, $2.254.60; canners, $1.75'ft2.85; Blockers and feeders, $2.7&fi4.40, calves, $2.5035.25; bulls, stags, etc., $2.754.25. Hogs Receipts, 8500; market 60 lower; heavy. $4.40ff4.50; mixed, $4.3554.40; light, $4,201(4.40; pigs, $3.754.15; bulk of sales, $4.3534 45. Shcop Receipts. 200; market steady; Wcstorns.- $4.60&G.2S; wethors. $1.606.25j cwch, $4.0CvjJ4.85; common and stockcra, $3.251jf5.25; lambs, $5.7638.75. KANSAS CITT. KANSAS CITY, May 21.-Cattlc-Re-colpts, 100; markot unchanged; natlvo steers, $4.00ff6.25; stockora and feeders, $3.26-4.70; Western steers, $i.0CM SO; Wcst-orn Wcst-orn cows. $2.004.25. IIogB Receipts, S0CO; slow to 5o lower; bulk of sales, $4.4004.60; heavy; $4.6554.67; packers, $4.4534.05; pigs and lights, $3.76 4.62. Sheep Receipts, SCO; Btcady; muttons, ?4.26ff6.26; lambB, $6.00'I?6 75; rango wethers, weth-ers, $1.7&Q5.23; cweB, $3.COS4.75. |