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Show P MARKET IS U1MYWEAK long Period of StagnaiiQirFoI-t StagnaiiQirFoI-t lowed by Heavy Selling I and Declines. - IE4SJNG OF MONEY RATES I DOES NOT SEEM TO HELP f'liivcsfigah'on Intended to Fix Blame of Rock Island Flurry a Factor. J SliW YORK. Jan. 12. Tho manner in I rdilch the stock market flattened out today when relieved from sclHus pressure pres-sure was hardly less discouraging to ( fpoculatlvc sentiment than the active de-felines de-felines the two earlier days of the i present week During the first session ; sales of stocks vcrc less than 40,-- 40,-- 000 shares, and it was during that period ' of practical stagnation that prices rested nt about tho lop level of the day. ! So fm is the money market situation ' has been a deterrent to speculative operations, oper-ations, the condition was substantially improved today. After opening at n per 'cent, rates receded, thus lowering the : maxim""1 ral o yesterday and of the day before and establishing tho lowest . rutins rate that has been touched In the 1 new year. The reflux of funds from circulation Is heavy ut present as to suggest rather ii lull in trade activity. . The current redemptions of hank notes F.jie on an enormous scale and the dally ppiin' of the New York banks on sub-:.ircauiy sub-:.ircauiy operations Is due, in no small .part, to the presentation there for rc-tdcniption rc-tdcniption of bank notes received from the Interior, which arc thus converted Into local reserve money. ' The advances made by the Union Pa-J Pa-J clllc authorities to the law officers ' of f tlic government for a possible compromise ;cf the suits under tho anti-trust law ! convoy an impression of apprehension of ! tho outcome of those suits. The taking up for consultation of the measures pro-:,pwed pro-:,pwed for preventing dealing in futures 'In the commodities markets showed the 'persistence of the forces at work In directions direc-tions which are not relished by those mo-tt active in speculative movements. ' Tlicre was some apprehension rcgard-Lln? rcgard-Lln? the outcome of the meeting of tho jboanl of governors lo be hold after the ,iloek nmrkct closed, to act on the report vof the committee which Investigated Uie Rock IMund episode. There has been no doubt of the part played by this ap-'prehnslon ap-'prehnslon in important liquidation that tnas been going on for many days. i When it was seen that buying was I practically suspended at the higher level of prices, selling was renewed with great j'ascresslvencss. and, the whole list yielded yield-ed weakly and closed at about the lowest of the day ' Bonds were Irregular. Total sales (par value), J3.'jn;i.OOo. ' rnltod .States 2s declined i per cent .on call. P New York Bonds. JU S )Tf -2 reg .Ifin? 111 Con 1st r is.. 09i : do coupon . . 1003 Inter Mot lis.. S2J ;l X' S 3s reg 1013 Int M Mar lis.. 70 a do coupon ..10J. Japan Is SS'J f1 tU S As reg 11-U do lis 35J '. do c oupon . . 1 1 o A K C S 1st 3s 72 AKIs Chal 1st 5s Sli L S deb -Is 013 J Amor Agri 5s...l02i I, & N L'nl -is. .1001 N Am T it T cv ls.lOU M K &. T 1st Is. 002 J 'Amer Tob -Is... 77J do gen lis 001 ' do fix lOfiJ Mo Pac Is 813 S Arm ,v Cos lis. 01 N Ry of M Its.. 015 m Atr'i con Is ...101 N Y C son Sis.. 02 12 ! 'o cv 4s 120 do deb -Is 053 do 5s 120 XV Nil ft II fis.l.TI-J A r l 1st -is . . on x ,t v 1st c is. as W B-tlt ft Ohio Is.. 00 do cv Is 1011 at ! do "Js . 02. N" .P Is 1"22 1 do S V ?,lb... 00 do lis 73 B Trail cv is. .. SfiJ O S L rfg 4s... 04; .ii Ccn of Ga ,Vs..l0S Point rv .lis OGi Vi C Leather 5s.. 001 do con Is 10IS U CRR of N.J g.-.s.r.'li. Reading gen Is. 094 iC ft O lis 10.T S L & SF'fg Is.. Sli S t do ref .'s 1051 do gen 5s S8 5 ",Chl ft Alton Sis. 75 S L. SV con Is.. 701 KCB ft. Q J Is.... 07 do 1st gold -is. :sj '11 do gen Is 00 Soa A L. -18 SC. Vj iCM ft S P g ais. V.i IS P col Is 02A ffl Cm ft PRR c Is Sll do cv Is 104 do col 5s 1022 flo 1st ref Is.. 04? Ml '- do rfg Is .... 01 do Ss 110 KwCoIo Ind 5s ... S2 do gCn 4s 807, Vl! Colo Mid is .... S0J U P Is 101J XlfjC ft S r lis.... OS do cv Is 111! UMiT) ft 11 cv 1S...10JV do 1st ref 4s.. 07? vl-'Dft It G Is 00 i; g uuh. Cs 101 m L do ref 5s 0J1U S'Stcel 2d 5s. .104C 6 :Dlstlllfra s ... 72 ;Va C C 5s 0SI K lrb pi Is .... S7 lU'ubash lsufis. . II 13 A ' do gen is 7C1 do 1st Is- 752 1 . do 4g ser A.. 70i'Vest Md Is Sli . do .er B ... 71?1 West; Hlce 5s... 02; :Gen Elec cv 5s..ll5 .Wis Ccn Is 01 51 Treasury Statement. , f WASI1IXGTON-. Jan. 12. The condition .'of the trfasuiy at the lH-ginnlns of husi- r.n8 today was as follows: 'u"i ( Trust Ku nds -rn Gold coin SS74.7I0.SC0 Mf Sllvrr dollars 4S4.540.000 5 Silver dollars of 1S00 :i.o;i::.000 fEilvor ecrtinou-s outstanding. lS4.fi 10.000 . ; Onrral Fund - "Slandnrd Mlver dollsirs in gen- J v cral fund S 5.1G1.7I1 T ifurrc-nt liabilities 105,03G.001 df 'Working balance in treasury r Ofllces . I'S.CSO.lll m In bands to nvdlt of trensurer I .of thr. s :ti5.'.577.r!25 Ji Subsidiary silver coin 17.l07.f,ii! -5 ! Minor coin 00:!.2U; 'Total balance in general fund.. 50.001.073 Now York Money, iflft . NEW YORK. Jan. 12. Close: i : Prime mercantile paper, liC per cent. i ;, Sterling exfhange, (inn, with actual A" lousiness In hanketV bills :tt U.S3.1T,ft , -11.00 for sixty day bills and at 51.St5.CO :'or demand. 1 ? Commercial bills, S I.S3Z?$ 1.S32. r I Bar allver, 521. Ufl 1 MtJtlcan dollars, lie. yv f. Govmimeiit bonds easy; railroad bonds ' 'I jwesular. Ja 5. 1Ionc" n call firm. 31)5 per cent: nil-tu?rato. nil-tu?rato. 41 per cent: closing bid, ::i per A "! lnt; offord at I pr;r cent. lA u Time loans casifr: for sixty and ninety VV Lr- 'UH per cent; for six montlrs, W I'-t per cent |