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Show FUTURE LOOKS 1 JEfjMT Interest Rates Arc Low and Labor La-bor Conditions Are Regarded as Satisfactory. LARGE RESERVES OP PRODUCTS OF THE FARM Jobbing and Wholesale Trade Good and Crop Prospects Are Favorable. By Leased Wire to The Tribune. NEW YORK. March 25. While the slock market and trade In general was I not ns active during tho. week as the season of the year would 'demand for an active year In business, there are many factors that conspire lo make tho failure fai-lure verv bright. Among these might bo montloned low Interest rate, eight months' trade balance of S41S.000.000. low supplies of merchandise, liquidated condition of the stock market, more sat- Isfactory condition of labor, large reserves re-serves of fnrm products, nnd favorable crop promises. The Jobbing and-whole-! sale trade has been good a;id the re-t.ill re-t.ill trade has been that of a prosperous season. In a general way it mav be said thnt tho right of way must be given to the favorable elements In tho situation situa-tion because they represent gradual Improvement Im-provement In each Instance over a condition con-dition that was very much the reverse one and two years ago. A difference In the kind of borrowers undoubtedly makes an Important difference differ-ence In the position of stocks, but there is no way of knowing If as large a proportion pro-portion of stocks as was ever carried on borrowed money Is not so lodged at the present time. Neither Is It at all "sure that the stork market has been definitely dragging along bottom values, for the present holdings of stocks, no .matter by whom held, Is at a level far above the different bottoms of the. hist decade. Re-i Re-i corded on any nverago of represonta-1 represonta-1 live prices, the slock mnrkel decline ended last year Just above half way between be-tween the extreme high and low points reached In the various major swings of tho last Ion years: The. Important, bull movements of 1901-1002. of 1904-1906 nnd of 1908-1909 were all made from starting start-ing points much the same in ach of the three years 1900. 1903 and 1907. Cutting of prices on cotton goods has become more general, but these have not led ir any great activity and buying continues on the same cautious lines as heretofore. The, fact of the matter Is that tho textile Industry, or at least the cotfjon branch of It. Is In poor shape. This Is reflected In the action of certain New England mills In selling their hlgh-nrlced hlgh-nrlced cotton instead of converting It Into fabrics at the golntr prices. Additional Addi-tional evidence of the unfavorable situation situa-tion In New England Is found In the fact that corporations there have begun to pass or reduce dividends, afler a continued con-tinued policy of sustaining them during the last previous depression. The retail re-tail trade of the country shows some Improvement In particular sections and specinl linos, but automatic conditions have been acalnst anything like tho customary cus-tomary activity at this season. Complaints Com-plaints about the condition of winter wheat In some parts of Kansas and Oklahoma have been heard nnd dry conditions con-ditions In the northwest were1 regarded with some apprehension until rain finally foil. The crop situation In Texns was fine and In the southern Atlantic slates the outlook for n bin planting of crops generally gen-erally Is hlehlv fnvonhle. all of -which is helping sentiment and trade conditions In the south. LIVESTOCK QUOTATIONS. Kansas City. By Associated Press. , KANSAS CITY. March 25. Cattle-Receipts Cattle-Receipts 2500; market steady. Native steers. $5.2576.50: native cows and heifers, heif-ers, $3fii6.15;' stackers and feeders. $4.60 (fi)5.90; bulls. $4g5.25; calves. $-1.507.50; western steers. $4.75'g6; western cows, $3.255.25. Hogs Receipts 3000; market steady. Bulk. $6.556.80; heavy. $0.55tf?0.6o; packers and butchers, $6.65G.S0; lights. $6.756.S5. Sheen Receipts. 1000; market steady Muttons, $4.2.riffr5.25: lamb's, $5.50(fi)6.30; fed wethers and yearlings, $4.4035.7o; fed western ewes, S4iJ?5.10. Omaha. By Associated Press. OMAHA, March 25. Cattle Receipts 100; market steady. Natlvo steers. $0 6.30; cows and heifers. $3.25(fi)5.60; western west-ern steers. $3,50(Q)6; range cows and heifers. heif-ers. $3.2odf4.90; canners, S34; stockora and feeders, $3.75(5.85: calves, $47.50; bulls, stags, etc., $3.7ofi?G. Hogs Receipts 4500; market steady to 510 cents lower. Heavy, $6.206.40; mixed. $6.30(f7ifi.40; light. $0.40fgi;.50: pigs, $6(f?6.40; bulk, $(1.30(5716.40. Sheep Receipts 300: market steady. Yearlings. $5g5 75; wethers. $4.355.25; ewes, $4.255; lambs, $5.85iJfG.45. Chicago. By Associated Press. CHICAGO, March 25 Cattle Receipts Re-ceipts ostimntcd at 300; market steady. Beeves, $5.20(7j)6.75; Texas steers. $4.o0fj 5.65: western steers. $ 1.800r..S0; stackers stack-ers and foeders, S4iJ?5.S0; cows and heit-crs. heit-crs. $2.05??'5.95: calves. S5.25fj)7.25. jjoga Recoipts estimated nt 11.000; market steady. Light, $6.807.20. mixed. $ri.65f7.05; heavy, $6.3o6.S0; rough, $6.306.60; gpod to choice heavy. S0.60S'6.S0; pigs, $0.607.10; bulk, $6.i0ff 6 95 Sheep Receipts estimated at 15,000; market steady. Native. S3.10tfB.a5j, western. west-ern. $3.30(315 45; yonrlings. $4.n(f?o.60; native, $5C50; western, $5.256.60. Money Market. By Associated Press. NEW YORK, March 25. Money on call nominal. Time loans dull. Sixty days, 21 per cent; ninety days, 233 per cent; six months, 3$ per ce.nL Prime mercantile paper, 444 per cent. Sterling exchange steady, with actual business in bankers' bills at $4.86.20 4.86.25 for sixty days and nt $1.86.10 for Commercial bills, $4 833- Bar silver. 521c; Mexican dollars, 45c. Government bonds steady; railroad bonds IrroRiilar. Chicago Products. ' Bv Associated Press. ! CHICAGO. March 25. Buttor steady. Creameries. l.r.&'24c; dairies, 14B20c. IC'jis Weak; receipts 13. Sin co-moh. At 'mark, cases Included. 13Q13c; firsts, li-uc nrlmo firsts, 15c, I "choeso steady." Daisies. 13J13e; twins lll12e: young Americas, 1313Uc; long horns, labile. |
