OCR Text |
Show I I WALL STREET IN -A RELIGIOUS MOOD Eve of Good Friday Finds the Market Somowhat Inactive and Irregular. NEW YORK, March 31. Tho suspension f two trust comparles, ono In Cloveland ind ono In Boston, hud a somewhat chlll-ig chlll-ig effect on speciilatlon today. Tho tcn-oncy tcn-oncy of tomorrow's Good Friday holl-ay holl-ay was hailed as a motive for soma cur-illmciu cur-illmciu of operations and today's Jewish ollday of tho Passover wns also the oc-aslen oc-aslen of some absences from tho stock xchango. Thcoo were tho nominal causes f tho decided falllns: off In activity and io rather heavy tono of speculation, hero were Indications, howevor, that eculatlvo sentiment was affected by mo roaotlon frcm tho strength of tho irllor part of tho week. Tho denials ven to rumors of purchases of Union iclflo by St. Paul and to othor reports hlch havo circulated on tho exchango sro reinforced In their reactionary effect the largo distribution of stocks which us effected during tho rise of -yesterday d by the cessation of much of tho do-ind do-ind today. The suspension of tho trust mpanlea seemed duo to special causes lhcr than to any general conditions, and l woro of lltUo dlroct infiuonco on tho lrkot. Thcro wore points of strength Jtho markot, but they woro exceptions Jher than tho rule. Interest grows In t foreign exchange situation and tho cilng outward movement of gold, which lixpoctcd to run to many million of dol-li dol-li and In tho opinion of somo oxchango arts may reach tho amount of tho romance ro-mance to bo mado to Paris on account clho Panama canal payment. o present abnorrrtal ease of money in "v York Is undoubtedly duo In part to ti accumulation hero of Government de-pits de-pits In preparation for tho Panama can-apayment. can-apayment. "With conditions In tho cx-cngo cx-cngo markot as at present It is not piablo that when tho payment is mado tl proceeds will remain In Now York. T effect on tho money markot will bo ched with Interest. Paris. Borlin and London tho quarts quar-ts requirements fou April aro oxtraor-dirily oxtraor-dirily heavy, as rovealed by this week's rrts of tho great foreign banks. But wi tho turn of tho quarter a largo ln-fli ln-fli of funds to tho circulation Is looked fcwlth resulting effect on money rates wh may modify the pressure upon Now Y for gold. Tho domestic movement ottirrency appears to ba still In favor of N- York, In splto of tho completion of ) rcttanccs of Government deposits. Ued States Steel reflected a more con-fldt con-fldt feeling over the preferred dividend. Coring of shorts rallied the market dur-ln.ho dur-ln.ho latter part of tho day, but tho clos-inwos clos-inwos heavy. nds were steady. Total sales, par Vo, ?2.555.0W. United States bonds wcro unvmged on call. NEW YORK BOND LIST. Ul -ef 2s reg.,105 Manhattan o -Is. 00 i ouion 1051fi Mex. Con 4s 05 i V S if rcg 10G4 1st Inc 33-& oujon 103ii M & S L 4s XJ Hi reg 132?i M K Sz T 4s 100 I C4jptn 133 2nds TVA I U 5 oil 4s rcg..l07Vi Nat Mex con 4s. 70 coupon iosYi NYC gen Ss. 371$ ' Atchlvri gen 4s.101Mj N J C gen 6s ...12a?i i v .'VHi u 83 NOr 4s 103 I U 9$- a 02Vj Nor Pao 3s 71& V 33 lfj2 Nor Sz "W con 4s. 9S r A 9J O S L 4s 94 u .or-Vis 105& Pcnn con Ss. .. 90, J X Jno CS Reading gon 4s. 901 C iO 43 107, S L ft 1M c 63..114T4 d z A 3fea 7C& S L & S F fg 4b. S2& O B Sz Q new 4s 9-1 S L S W lata.... 944 C M & S P g 4s.l07vi Seaboard -Is ..... 70 wsta C & N W con 78129K So Pao 4s HVj 1 if CRI&P4a.... 70?i So Rail Gs 113 i If J s col 6s 79 Tox & Pao lsts.llG. J I II " C C C & S L g 4s SO T S L & W 4s. . . 69 Jtfl Con Tob 4s 69& Union Pac ...103Tfe ll'L Col & So 4s SG conv 4a If JA D & R G 4s W U S Stool 2nd Gs. 75U fftt Erie prior lien 4s 97 Wabash lata ....11C tfiji Krlc Ben S5 dob B Clli r.T P W & D C lst.lOS'A W & L B 4s S7 Hock Vnl iis...mM, Wis Con 4s SW, UlVH L Ei N unl Is 10t;4lC P & I c 5s 71 nil J CLOSING STOCKS. flfr! t , , , Sales. Hlgn. Low. Closo 1J Atchison 32.100 71V- 72 Wm .W preferred 1.300 92 IHWi, 91 mk Ealt & Ohio 8,300 0 79& 799i q' prcferred S9 Canadian Pac GOO llBVi ll&Ja U5 I Central of N J , 15C Ches &. Ohio 11.C00 33"i 32 3314 H 1 Chi Alton 100 3S 3ST'S C9 J nrcforred gQu, . j Chi & Great West.. 200 11 10M, l&u. B Chi fc Northwest... 100 170Vi 170V; 171 M C M & St Paul 22.SC0 115 1-U H5 H. ' , preferred 100 175 175 174V. If.- 1 1 Chi Term & T yvS EJ. I 1 preferred 19W ml 111 C C C & St L 75 W-m I -'ol Southern 1 100 1C4 16i 10 f7if lst preferred I ill 1 2nd Preferred .... 100 231 23,i 23 I t III & Hudson 00 153 153 353i (fl I Del L & West 100 2C5i ,1K5V4 265yt I f I Donvor & Rio G.... 3,000 21i 2t 2li I Id proforrcd 2CO 70 C9-i lj Erie ... 5,000 M, 20 yt fWfJ , 1st proforrcd 300 01 tVJ 03 I m 2nd profon-ed .... 200 41 40i 40 M! Hocking Valley 731 l preferred S04l fl Illinois Central .... 700 130& 130 ISO Wlv , Jowa Central 1 wL preferred S3 m 1 t JC C Bouthorn 19 m II preferred , 34V, , II Louis & Nash 7,000 10S1 1071 103Vj : I Manhattan L 700 143 142V. 142 P II -Met Securities 9,000 7Sl 78iA Ij I Met Street Ry 3.SC0 112 111 112S 1 l I Minn & St L .... GO U J I M St P S Sto M., 100 Cl Cl C2 111 preferred GOO 1391. 119V. 319 I, I I Missouri Pac 13,200 93V 92 93 t 1 m Mo K & Texas ICO 17' 17 17'A a ' m preferred , S00 SDJi Z&l S84 ' N R of Mex pfd " 371 1 NY Central 200 1161 110?! 11c 1 M Norfolk &. West... SCO 6S BSVi li r ! H preferred 85 f I Ontario & West.... l.tM 21i 21M. 21V J Si Pennsylvania 10,100 llf 117?j 118.i 5 Bfi l'CC&St L 69 'A S m Reading 21.R 45i ; H 1st preferred , .... 77 M 2 proforrcd 2 COVj eov, CO lm Rock Island Co.... 2,300 23 22?I 22 'ol preferred 2W C2Vj 62& 62V, St L & S F 2d pfd.. 200 48 "46 45 H St L Southwest.. .1 13 f Mm preferred ..: 33 I Southern Pao 21,100 WU, 49V, 45 i M Southern Ry 22 Hi 21 22& j preferred &) gi R314 83V, 1 Tcjcaa &. Pac , R0 24V, 21i 21 J TStL&West (100 25fc 25i 25 preferred .... .... J..., 341' B Union Pac R800 g scfi 1 fl preferred 1-100 93 92 92V, iJ ZM Wabash 100 19-; u M vtw preferred 1300 37 37- 37H 1 t,M "Wheel & jj Erie... '40) 17 16& 1 rfl 'Wla Central is'4' J sH preferred 40 ifll Express Cos ' r Adams i 223 7mm American 4 1SS , An United States Iv 103 JI Wolls-Fargo 203 BB Miscellaneous S Amalg Copper ll.fco 49?i 4Syj 49Vj Amer Car & P a 19-"i proforrcd 100 724i 72, 71i Amor Cot Oil..... 20 preferred .... 3 American Ico 71,i preferred ......... 200 -27H 27 27U Amor Linseed Oil Sty preferred 2Sx Aincr Loco COO 211 21 21j, proforrcd 82 Amor Sm & Rcf... 700 49 49 49 preferred SCO S3 92T4 92i& Amer Sugar Rof.... 4,000 12Sy4 1274 127-U Anaconda M Co..:. 6-5 Brooklyn R T 4.SO0 44. 4 43i Colo P & Iron 3CO 28 2S 27,, Cons Gas 1.400 193 1974 197Vj Corn Products COO 13& 13Vj 3315, preferred GSi Distillers' Securlfs. 24Vj 24V. 24Vj General Electrlo .. 1G' Ifti 301 Intorn'l Paper 11 preferred C5 Intern'! Pump 2CO 3S 3751 ?7 proforrcd . .... . .. 73 National Lead 100 15 35 141 North American S3 Pac Moll 100 27 27 27 Peoplo's Gas 36.000 300 9S 59-Vi Pressed Steel Car,. 300 SO 30 29 preferred G9Vj Pullman Pal Car 20SVa Republic Steel UX 7-i 7-i 7;'i preforrcd 421 Rubber Goods ..". 19 preferred 77V, Tonn G & Iron 4,100 89yA 3&'.-i U S Leather 40) 7 T4 n4 preferred GOO 7S 78 . 77 U S Realty 6i preferred 100 GOV. GOVj G0K, U S Rubber .' 30-3 13 33 13V preferred 1.S00 KA G4i G5iiJ U S Steel 7.CX) Wii 11 UVj preferred 74.1CO G9 &Si 59 Westlnghouso Elec. 201) 159 35SV. 159 Western Union SSVi Total sales for tho day, 393,900 shares. Silver and Drafts. SAN FRANCISCO. March 31. Silver bars. K4c; Mexican dollars, nominal; drafts, sight, 12hic; drafts, telegraph, 35c, Treasury Statement. WASHINGTON. March 3L Today's statement of tho treasury balances in tho general fund, excluslvo of tho $150,000,000 gold reserve In the division of redemption, shows: Avallablo cash balance, $223,642,-219; $223,642,-219; gold, ?13G,00G,K. Money and Exchango. NEW YORK. March 31. Money on call easy, lVHr194 per cent; closing bid, 1 per cent; offored at l?i per cent. Tlmo loans, easy: sixty days, 2?ifiG per cent; ninoty days, SABM per cent; bIx months, 3i!5-l per cent. Prime mfercantllo paper, 4VC per cent. Sterling oxchango llrm, with actual business bus-iness in bankers' bills at ?4.67.304. 87.35 for demand and at $4.S4.70Gvl.S4.75 for sixty-day sixty-day bills. Posted rates, Jl E5i?4.S5V, and J4.S3. Commercial bills. ?4.84VkT4.84. Bar silver, G54c- Mexlcan dollars, 41c. BondB Railroads, steady and Governments Govern-ments steady. I Metal Markets. NEW YORK, March 31. Spot tin -jra unchanged In London and futures wero lowor, so that both positions closed at 127 15s. Locally, tin was a shado easier, closing quiet at ?2S.(X52S.25. Copper advanced 2a Cd to 5S 2s Cd and 57 17s Cd for spot and futures, respectively In tho London market. Hero copper was ilrcn ut tho recent pricos. Lake and electrolytic elec-trolytic aro qvoted at J12.S7yyJ7i3.00 and casting at $12.62yjfja2.75. Lead was unchanged at 12 2s 9d In London Lon-don and 54.GOJP4 C5 In Now York. Spelter also was uncharfged In both markets, mar-kets, closing at J5.15ft5.20 locally and 22 In London. Iron closed at 62a 6d In Glasgow and at 14a In Mlddlcsboro. Tho domestic Iron markets appear to bo a little firmer In tono with demand and Improving In some Instances. No. foundry northern is quoted at n5J!5rl5.75: No. 2 foundry northern at 514 .IVq 15.25; No. foundry southern and No. lfoundry southern soft at $14,253 14.75. Easter Holidays on Exchange. NEW YORK. March 31. Tho Good Friday-Easter holiday will bo generally observed ob-served in financial circles In this cltv. Tho stock, produce and consolidated exchanges ex-changes will bo closed tomorrow. Tho cotton and coffeo exchanges will cloao both Friday and Saturday. Tho sugar trado offices will transact no business on Friday and Saturday. All exchanges abroad will bo closed until next Tuesday. Live Stock. CHICAGO, March 31.-Cattle Receipts. S00. Market slow. Good to prlmo steers, $5.25O.0; poor to medium, J3.GOQ5.K; otockcrs and feeders, $2.7535 25; cows. $1.75 2M.; heifers. $2.00-iH.SO: canncrs, $1.75$ 2.50; bulls, $2,0O4.(O: calves, 52.505 50; Texas fed steers, JI.00JH.C0. Hogs Receipts today, 50,000; tomorrow? 20,000; left over. 11.C7L Miirket l&320e lower. Mixed and butchers, $5.1635.30; good to choice heavy, $5.20fr5.30; rough henvy. $5.00ft5.20, light, J4.tOSo.20; bulk of sales, $5.100.20. Sheep Receipts, 14.000; sheep 30c lower, lambs stoady. Good to cholco wethers, $4.7575.25; fair to choice mixed, $3."f4.75, Western sheep, $4.GOS5.2S; native lambs, $4.50in5,00; Western lambs, S4.75ft5.75. KANSAS CITY. KANSAS CITY, March 31.-CatUo Receipts, Re-ceipts, 3000; strong. Native steers, $3.C03 6.2sj; native cows and heifers, $2.00fl4.30; otockers and fecdors, $3,00'ff4.25; bullB. $2.60 S'1;!. ??lXCB- 27&3.25; Western steers. $3.&0'5'1.CO; Western cows, $2.COga.60. Hogs Receipts. 7000; 10c lower. Bulk of saleB, $5,0010.10; heavy, $5.10i?5.15; packers, $5.06.10; Pigs and lights, $4.255.10. ..shRTR.ccel'lt". I0": drm. Muttons, lnml8. J4.7525.90; range wethors, $1.10tj'5.00; ewes, $3.(X&4.W. OMUIA. SOUTH OMAHA. March 31.-Cattle Rc-colpls. Rc-colpls. 300; market steady. Native sfeera fJ.Ug'I.G0; cows and heifers, $2.COQv4.15: AVcstern steers, $3.tJj0.75; bulls, stags. Hogs Receipts. 30.500; market &JP10c lower. Heavy. $4.9&26.05; mixed. fl.90G'I.9G: ,le,ht' ??-?5'jS?i Pte' f.W.75; bulk of sales, $1 90SD.05. Sheep Receipts, -UM: market slow to lOo lower; Wc8terns. $4.70'tf6.30; wethers, 54.50 C.25; owes. $4.258'4.); common and atock-crs, atock-crs, $3.007Jf4.75; Iambs, $5.036.8.1. Grain and Provisions. CHICAGO, March 31. Rain In western and central Kansas had a counterbalancing counterbalanc-ing Influence on tho wheat markot todav, offseting firm-cables and strength In the cash grains. Closing- prices In all pits today to-day were almost Identical with yesterday's final figures. In spite of reports e.f additional rain in tho bouthwest, there, was temporarily an active demand for wheat at tho opening. Thc principal Influences that wcro responsible respon-sible for tho demand were flno cables and the strength or the cash situation. Tho markot opened firm, with July up H'ic to -ic at S7?ic to STiJcs&SSc Thero was much covering by shortH, duo to strength In corn. "Receipts in the Northwest were small, tho decrease In the movement affording af-fording further Inducement to bull traders to take on more wheat. Under theso conditions con-ditions July advanced to SSc Later In tho hcsslon tho rain that had attracted so llttlo attention earlier In the day becamo an lnfucntial factor in bringing out numerous nu-merous selling orders from scalpers. Fresh report.? of general rain in western and central Kansas, a region which has boon the center of tho drought district, camo as a reinforcement to previous ndvlccs. Tho result was quite general selling, with a decline in prices, July reacting to S7Uc. Part of tho selling was duo to tho fact that tho board will be closed tomorrow, many traders being disposed to even up over thc holiday. Tho markot mado a recover! re-cover! from the low point on covering by shorts. Thc closo was about steady, with July at 67c. May sold between &5c and t&c, and closed at.SoTic. Clearances of f wheat and four were equal to fiS.700 bushels. bush-els. Primary receipts wcro 290,000 bushels, compared with 419.ECO bushels a year ago. Minneapolis, Duluth and Chicago reported receipts of 221 cars, against 311 cars last week and 245 a year ago. Tho attitude of tho leading long was tho chief feature of consideration In tho corn pit during tho early part of tho sps slon. The market closed steady with llttlo llt-tlo change from yesterday's final flicurcs. July opened He to Mo higher at 53&c to 53Hc. and after selling between 62ftc and 53c. closed aL KiMSoSHc. May closed at 56c. Loqal receipts were 321 cars, with 19 of contract grade. The action of wheat and corn was the chief factor In grading In oato. After opening a shado to .li0'l4o higher at 330 to 39V.C. July ranged between S94c and G94c. closing at 33-Uc Local receipts wcro 300 cars. A big run of hogs and declines of 30c to 15c In prices at tho yardfe caused-wcakness In provisions early In tho day. There wns good buying on the decline, however, and the market quickly recovered. Shorts becamo be-camo quite active buyers late In the day. causing n firm close, July pork being up 124c at $13.35; July lard closed 5c higher at 7.15, and ribs wero up 7lc at RANGE OF THE LEADING FUTURES. Articles. Open. High. Low. Close. Wheat, No. 2 May - , 90 95 95 'A July (old) S9& . ST SS& S9!, July (new) S3 SS 87V 87 Sept. (old) - 83U S3v S24I 83 Sept. (new) S2V1 S2 Sly, SlK Corn, No. 2 May Gti?i 55rl EGV, July KJVi 53yt 52 5341 September , D2i& 52 514 52 Oats, No. 2 May -12Vrt 42V& 41 41?, July ' 39& S3?; 39 39 September 334 33i 32?& 33 Mess Pork, per bbl. May 12.85 13.15 12.85 13.15 July 13.05 13.37V; 13.05 33.35 Lard, per 300 lbs. May 0 90 7.00 C.90 0.07 July 7-02& 7.15 7.02 7.35 Short Ribs, per 100 lbs. May 6.77 COO C.77 G.90 July G.95 7.07 0.95 7.07 CASH QUOTATIONS. Cash quotations woro as follows: Flour, quiet and steady; No. 3 spring wheat. $Sfi EiSc; No. 2 red, 9Sc?S1.01lft; No 2 cdvn, 5Ce; No. 2 yellow, WlfuCc: No. 2 oats, 41fti 41c; No. 3 white, 42VjJM4c; No. 2 rye, 72c; good feeding barley, 3Sfl40c; fair to cholco nialtlifg, 4&&u3c; No. 1 flax seed, $1.09; No. 1 Northwestern. $1.10; prime timothy seed, 29c; mess pork, per barrel. 513 12?? 13.15; lard, por lOo pounds, SG.S7116.90; short ribs sides (loose), $C.C21C.75; short clear sides (boxed). 57.251T7.C0, whisky, basis of high wines, $1.2$; clover, contract grade, $10.50 Q 10.00. RECEIPTS AND SHIPMENTS. Articles Recps. Ships. Flour, barrels 37.S0O GU.G00 Wheat, bushels ,.... 74,000 4S.&00 Corn, bushels 92,400 99,700 , Oats, bushols 256,700 210,700 Rve. bushels 12.S0O 1 4.500 Barley, bushels 3G.300 27,000 PRODUCE EXCHANGE. ' On tho produce exchange today tho butter but-ter market was quiet and steady; croam cries, KJ?24c dairies. 17fit!lc; eggs, easier, at mark, cases included, 3GQlG?ic; cheese, easy, lOSjlp-ic Coast Grain. SAN FRANCISCO, March 31. Wheat-Steady; Wheat-Steady; May, $1.33-,: December, $L33Vix Barley Weaker; May, $L09 bid; December, Decem-ber, 9Sc. Butter, Eggs and Sugar. NEW YORK. March 31. Butter Firm: fresh creamery. l&32Gc; state dairy, 33 S21c. Eggs Steady; Western firsts. ISc. Sugar Raw, firm; fair refining, 3G-32c; centrifugal, OC-test, 3 21-32c, molasses sugar, su-gar, 2 3-32c; refined firm; crushed, $5.40; powdered, S4.S0; granulated, $4.70. New York Cotton. NEW YORK. March 31. Cotton Spot closed dull, 20 points higher; middling uplands. up-lands. $15.35; middling Gulf, $15.50; sales, COO bales. Cotton Futures. NEW YORK, March 31. Cotton futures opened strong. April, $14.78; May. $14.97; June, $1G.05 (bid); July, $15.14; August, $14.70; September, $12.90 (bid), $13 asked. St Loui3 Wool. ST LOUIS. March 31. Wool Steady. Medium grades, combing and clothing. 18 i22c; light flno. 151il7c, heavy fine, 12 34c, tub washed, 20ff31o |