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Show MARKET'S ACT! COHRK DOUBT Acute Apprehension Felt or Professed Over Financial Outlook in Wail Street. POLITICAL SKIES STILL CLOUDY AT WASHINGTON Foreign lull nonces Seem Favorable: Favor-able: Expansion of Loans to Be Pieckoncd With. By Associated Press NEW YOKK, Feb 5. Thc action of tho slock market today continued the impression im-pression made by yesterday's market of a more acute apprehension felt or professed pro-fessed over thc business and political outlook. out-look. Part of this -was due to the requirements require-ments of tho uncovered short Intorest, which bought stouks because there was no further sign of liquidation. Also assurances as-surances were exchanged between some of the operators In the market that "things looked better at Washington." Tho only published news from Washington Washing-ton bearing on stock market relations was the announcement that the federal Incorporation In-corporation bill framed by the attorney general would be ready for Introduction In congress next week. Thc bear party In the speculation was somewhat Intimidated by the evidence of substantial demand from Investment sources at the level to which prices were forced by tho week's severe price decline. de-cline. The foreign markets sent favorable influences, in-fluences, including a decline in the private pri-vate discount rate in London and an expectation ex-pectation that reductions mlht bo made next week In the official dlseount rates of thc Bank of England and thc Imperial Bank of Germany. Some at t entlon was paid to tho judicial judi-cial decision In the so-called Dan bury hatters' case as an oxampkof one phase of the working of thc Sherman anti-trust law. News of the placing of a note issue by tho Hudson Tunnels company was accepted ac-cepted as evidence of an Improvement In the facility with which capital could be enlisted. Only faint attempts were mado to contest he rlsinc course of prices, a sharp reaction in thc coppers after the opening measuring Its greatest extent Tho buying on tho advance, on tho other hand, had some remaining signs of hesitation and caution. Prices receded re-ceded before, the close and thc appearance of the bank statement. Continued expansion of loans, in spite of the heavy stock market lbfiiidailon. is In line with the showing for several weeks, and must be ascribed to the process pro-cess of rectification of the credit arrangements ar-rangements made last fall when loans were shifted rrom the banks to avoid a deficit and at the same time savo tho speculative position. Tho present necessity neces-sity for this rectification must be taken Into account In estimating the causes of the week's heavy liquidation in stocks. Tlie large decrease In cash reserve was anonher surprise In the bank statement, as -the known movements of money Indicated Indi-cated a gain of over ?5. 000.000. The "do-crease "do-crease shown by the actual being over 5S.000.ooo. Ifoinls were firm. Totai sales, par value. J2.057.000. United States 2s have declined 1 and tho Is i per cent in iho bid price on call since last week. Now York Bonds. By Associated Press. U S 2s reg 1001' Inter. Met Us.. 80S do coupon ...1001 I M M Us G7t U S 3s roc: 10 lj Japan 4s 00 1 do coupon ...loij do 4i 05S; U S 4s rejr IH1-K. C S 1st 3s... 732 do coupon ...11 12 Lake SI: deb Is 04t Allis-Chtil 1st 5s S0 L & N un Is... 0S:I Amer Agri I0UM.1C & T 1 Is.. 00 A T & T cv Is 1024' do gen 4Js 0S& Amer Tob is... 77i Mo Pneif Is SI I do fis 10fi? 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Sit Wabash 1st 5s. .1112 do gen Is ... 7tjl do 1 and e Is. 71!J do cv ser A.. 7S 'West Md is SIJ do B OS I Went Flee cv 5s 0(1 Gen Flee cv 5s. 110 'Wis Ccnl Is 9ti III C 1st r is. . 90J'Mo Pac Co 5s.. 951 New York Flour ami Grain. By Associated Press. NEW YORK'. Feb. 5. Flour, barely dull. Spring patents. ?5. 50 ftp 5. 70: winter patents, $5.105.00; winter extras. No. 1, ?l.fi0ijr 1.90; Kansas straights. ?l.90)fi.l5; winter slralshts, 55.35(5.95; spring clears. Jl.-IOfff 1.S5; winter extras, No. 2. ?t. 10(fi 1.55. Ueceipts, 2S.237 barrels; shipments, KSOO barrels. Wheat Spot, linn: No. 2 red, SI. 30 elevator domestic rmd f.o.b. afloat, nominal: nomi-nal: No. 1 northern Dulnlh, and No. 2 bard winter. $1,218 nominal f.o.b. atloat. Option market was very quiet, but showed a steady undertone on the cables, smaller receipts and covering by shorts. At the close, prices were 1c net higher. .May closed 3t ?117i: July closed at 31. OS. Now York Money. By Associated Press. NEW YORIC. Feb. 5. Close. Prime mercantile paper, 11 to 5 per cent. Sterling exchange steady, with .actual business In bankets' bills at $I.S3.$0ffr 4.S3.00 for sixty-day bills, and fI.S6.10 for demand. Commercial bills. $1.834.8:15. I Mar silver. 51 Jc. j Mexican dollars. 14 cents. Government bonds steady. Ibtilroad bond firm. Money on call nominal. Time loanH dull and casv: sixty and ninety days, IlifT "3 ; six months, I per cent. Imports and Exports. By Associated Press. I NEW YORK. Feb. o. Imports of merchandise mer-chandise and dry goods at the. port of Now York for the week ending January 20 were valued at. $20,590,137. Imports Of specie for the port of New York for tho week ending today were SS0.330 In silver and $S0,903 in gold. Exports of specie from tho port of New York for the week ondlng today werv $55S,721 In silver and $1 t2,i57ti In gold. New York Produce. By Associated Press. NEW YORK. Peb. 0. Butter steady. Cheese linn, unchanged, Kggs easier; western ttrsts, 205?20c; seconds. 2Sic. St. L'ouia Wool. Bv Assoc! itcd Press, ST. LOUIS, Feb 5. Wool. dull. Medium Me-dium grades, ("ombliuc and clothing. 2P 29c: light line. 22?j 27i-: hca y line, 12(1) .'lc, tub wa.'ltcd 29u37u LIVESTOCK QUOTATIONS. Chicago. By Associated Press. CHICAGO. Feb. 5. Cattle Receipts estimated es-timated at 1000. Market steady. Beeves, $4.20i5i7.50; Texas steers. $3.S0S)1.S5; western steers. 5i.00ftf5.S5; stockers and feeders. ?3.00',5.35; cows and heifers, $2 10(J7!5.(J0, calves. 57.00efi9.00. Hogs Receipts Ofitlmalcd nt 10.000. Market, strong. Llghl. SS.I0r?:S.50; mixed. $S.15tf?S.i50; heavy. ?S.207rS.OO: roach. 5S.20 (f?S.35; good to choice heuvv. $8.'35(Tf S.60; pijes, $!;.15(JpS.05; bulk of sales. SS.lOfcJ S.55. Sheep Receipts estimated at 1000. Market steady. Native. $4.1Cfi)t;.40; western, $1.256.50; yearlings, $7.10 S.I5: Iambs, native, ?G.f)0jl$.60; western, $G.50g'S.UD. Omaha. By Associated Press. OMAHA, Feb. 5. Cattle Receipts 100; unchanged. Native steers. $1(57; cows and heifers. ?2.50'7.5; western steers, $3.25 tft'G; canners, $2.25rt,4: stockers and feeders. feed-ers. $2.S0(fi)5.30: calves. $lgS; bulls, slags, etc., $2g'5. Hogs Receipts 5000: 10c higher. Heavy. $8.2O(0S.55; mixed. $8.30Si8.40; light, SS.25 f?S.45; pigs, $77.75; bulk of sales, 5S.30 LS.45. Sheep Receipts 100: steady. Yearlings, Year-lings, $fi.50(?fj7.75: wethers. Sn.oOQiO.oO: ewes, ?5j)G; lambs, $7.75S.uO. Kansas Oity. By Associated Press. KANSAS CITY, Feb. 5. Cattle Receipts. Re-ceipts. 100, Market steady. Native steers, $4.90fS)7.10: cows and helfors. $3.00$S6.00; stockers and feeders. $3.25(?5.25; bulls, $3.50(fj'5.10; calves. $4.00f?fS.75; western steers. $I.50G.00; western cows, $3.00 5.00. Hogs Receipts, 2000. 5c higher, r.ulk of sales. $S.25S.50: heavy, $S.50(cjjS.55; packers and butchers, $8.30S.50; light, ?S.10tfiS.40; pigs. $7.00rtj'7.55. Slioep Receipts. 2000. Market steady. Muttons, S4.75(?t)G.OO; lambs, $f..7ofj)8.30; fed western wethers and yearlings. $5,. 00(g) 5.75; fed western owes. $4.55j 5.55. St. Joseph. Special to Thc Tribune. SOUTH ST. JOSEPH. Feb. 5. Cattle Receipts. 500; market nominal: natives. $ l.75fi7.O0; Texas and Westerns. $ l.25rfw 0.00; cows and heifers, $2.505j'5.50: bulls and stags. S3.00fi-5.00; veals. ft.OOfPS.oO; yearlings and calves. $3.251.00; stockers stock-ers and feeders. $3.25rfj 5.30. Sheep Receipts, 500: market nominal; lambs, $S.OOtf?S.50: yearlings. SG.75fu7.90; owes, ?5.005'G.OO; wethers. $o.rt5(f7iG.25. Olcarinp House Statement. By Associated Press. NEW YORK. Feb. 5 Tho statement of clearing house banks for the week shows that tho banks hold $26,722.S75 more than tho requirement of tho 25 per cent reserve rule. This is a decrease In the proportionate cash rescrvo as compared com-pared with Inst week. The statement follows: Amount. Decrease. Loans $1.123.GSS.G00 $14, 211.700 Deposits 1,251.720,500 11,003.700 Circulation .. .. 50.77G.S0O 153.000 Legal tenders 09,947.100 4.070,300 Specie 2G9.705.G0p 10S.I00 Reserve 339.653.000 4.1S7.700 Reserve required. 312,930,125 2,752.175 Surplus , 2G.722.S75 G.939.775 E-U. S. deposits 27,741,425 G.03G.755 Increase. The percentage of actual reserve in the clearing house hanks today was 2G.91. The statement of banks and trust companies com-panies of-Greater Now York not reporting to tho clearing house shows: Loans, $1,1G1,291,G00; Increase, $10.-320.200. $10.-320.200. Specie, $125,022,900; increase, $2,455,300. Legal lenders, $2O,374,S0O: decrease. $5F5,S0O. Total deposits, $1,2(1,121,000; decrease, $15,309,700. T)ic Financier will saw "Or the clearing house or New York for the week endhur February 5. the statement was in direct contrast to what the known operations of the last seven days has foreshadowed. The banks had gained, according to (he closest estimates, esti-mates, something like $1,000,000 In cash as a result, of the movement from the inferior. but Saturday's statement showed a loss of specie nnd legal ten-dors ten-dors amounting to $10,072,700. There also was an unexpected Increase of $0.-037.200 $0.-037.200 In loans, and as a. net result of the two movements made, deposits fell $3.377,5011, .-md the rescives of all deposits de-posits decreased S9.22N.325. bringing the present surplus reserve down to $23.(4S,-S75 $23.(4S,-S75 from the high record attained hi (be previous week. Tin; .statement figured on tho basis of daily avemges made the surplus reserve $2G.722.S75. Dairy Produce. By Associated Press. CHICAGO. Feb. 5. Butter easy; creameries. cream-eries. 25(iT29e; dairies. 23(fj27o: epps easv; at mark, cases Included, 10f?25e; Jlrsts. 27c: prime llrsts. 2Sc. Cheese steady: daisies, 17rf 171c: twins. 1Glffj'l7c: youtiK Americas, lGJf?lG'c: Ions horns, lCJfg lGiJc Bullion Movement. By Associated Press. LONDON. Feb. 5. Bullion amounting to i; 13.000 was tsikeii into the i'ank of F-ngland on balance today. |