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Show K0Y7 DEALING IN WALL STREET Tendency of Prices To-werd To-werd Lower Level Af-ter Af-ter Recent Rises, ' NEW YORK. Dec 7. Prices moved narrowly In the opening dealings In contrast con-trast with the sensational changes of special spe-cial stocks in recent markets. The rise of 1H In Tennessee Coal was the most conspicuous chsnge. Declines were progressive from the outset out-set and there was an absence of recent turbulent speculation in particular stocks. One reason oft- another caused a general shrinkage of the values all along the line, amounting to a point or over in about thirty stocks of various caliber. Among these were St. Paul, Canadian Pacific. Pennsylvania, the Rock Islands, Kansas A Texas, Atlantic Coast Line, the Southern South-ern iron and railroad equipment groups. Energetic support V-aused one or ' two stocks to rebound In a striking manner with moderate effect in staying the course of the general market. Lead sold a point over yesterday's closing. Reading, New York. Chicsgo A St. Louis recovered lty for the decline and Brooklyn Transit and Amalgamated Copper rallied strongly. Linseed preferred rose 114 over yesterday. Advances in specia! stocks held the general gen-eral market for a time, but prices receded again to a lower level than before: The market turned weak a sain when call money rose to 26 per cent. Rock Island ran oft 1, the preferred 2 and lead 2. Bonds were heavy at noon. ' After the extensive selling of the forenoon fore-noon on the high money rates and when several storks were bid up again the rest of the market showed some sympathy. In oialy a few stocks, however, were the advances ad-vances worth special mention. Kansas City Southern rose 2. while the preferred pre-ferred gained 4. Lackawanna sold at 460 compared with 4S7 the previous sale. Anaconda fell off 3 points -and Illinois Central and Lake Erie and Western 1. The spasmodic rise In Tennessee Coal affected the Southern iron group by sympathy sym-pathy and caused a decided advance in them and stimulated renewed ventures in other closely held stocks. Most stocka were not greatly affected by this independent inde-pendent movement, but .the market showed greatly increased strength by 2 o'clock. Tennessee .Coal soared to 136. n rise over night of 9". Reading jumped 2. 81oss-Sheffleld Steel, Colorado & Southern second preferred and Iowa Central Cen-tral preferred liffl and Union Pacific, Sugar, Republic Steel and Metropolitan to 1. Tennessee end Reading reacted 2 but the general market turned strong and rose generalyl over last night. The stringency strin-gency in money was somewhat relaxed and very confident predictions circulated that money market relief from the Treasury department were imminent. Gains were shown in some with the rise. Kansas City Southern, in Colorado and first preferred I, Wisconsin Central and the preferred 3. Theilatter rallying from the lowest. Northern Pacific, Louisville & Nashville. New York. Ontario & Western West-ern and lead- preferred rose a point or more over last night. Union Pacific 14. Lead 1. Amalgamated Copper, Smelting and Sugar 2, and Anaconda 7. The closing clos-ing was active and strong. . New York Sugar. NEW YORK. Dec. 7. Sugar Raw, firm: fair refining. So; centrifugal. 96-test, 3 9-16c; molasses sugar, 2c. Refined,- firm; crushed, -35.40; powdered, $4.80; granulated, 34.70. Coffee Steady; No. 7 Rio. 8c. Omaha Live Stock. ' OMAHA. Dec 7. Cattle Receipts, 2500; market, steadv to strong; native steers, 83.75vi5.75; cows and heifers, $2-5a4.50; Western steers, 32.75tj4.3i; Texas steers, $2.50f(3.65; cows and heifers. 32.0003.25; cantiers. 3L75&2.40; Blockers and feeders, $2 2yj4.00: calves, $3.0ufetf.00: bulls, and stags. 31.750X25. Hogs Receipts. 3500; market, 5c higher; heavy. 34.87n4.97; mixed. 84.85ii4.90; light, $4.804.90) pigs, 34.404j4.7o; bulk, $4.87frt.95. Sheep Receipts. 2500; market, steady: yearlings. $6.60!&6.25; wethers. 35.505.75; ewes, $4. 75ft 5. 40; lambs. $6.507.50. Chicago Lire Stock. CHICAGO, Dec. 7. Cattle Receipts, 10.-000; 10.-000; steady; beeves. 33.60ft.80; ows snd heifers. 3L404.73; stockers and feeders, $2.404.15; Texans, 33.504.25; Westerns, $3 30H4.75. Hogs Receipts 28.000: market. ttfilOe higher: estimated tomorrow, 30.000; mixed and butchers. 34.80s.l2; good heavy. 35.00 f(5.15; rough heavy, 31iso4.95: light. 34.70Q 5.00; pigs. $4.35&5.00: bulk. 84.95d5.05. Sheep Receipts, lS.OuO; market, steady: sheep, $4.005.66; lambs, $4.7507.85. Kansas City live Stock. KANSAS CITY. Dec. 7. Cattle Receipts. Re-ceipts. 80C0; market, steady to shade lower: low-er: native steers, 33.501i6.25; native cows and heifers. 32.O0S5.O0; stockers and feeders. feed-ers. 32..'a4.50: bulls. 32.COft4.O0; calves. 32.50 4i6.50; Western steers, 33.505.00; Western cows, 32.30S3.50. Hogs Receipts. 13.000; 'market. f10c higher; bulk. 4.955.05; heavy. 35.00&5.10; packers, 34.955.07; pigs and light, 34.653; 5.00. Sheep Receipts, 6000; steady to weak; muttons, 4.50fa6.25; lambs. 35.505i7.50; fed wethers. 35.O0fr6.00; fed ewes, 34.oofc4.25. St. Louis Wool. ST. LOUIS, Dec. 7. Wool Steady ; Territory and Western medium, 26&3oc; fine medium, 22(S26c; fine. 19j21c. ' New York Money. NEW YORK. Dec. ".Money on call firm and higher, r28 per cent, closing bid apd offered 9. Time money firm, sixty six-ty days 7 per cent, ninety days and six months 6 per cent. Prime mercantile paper, 5ftoi per cent. Sterling exchange weak with actual business bus-iness In bakers' bills at 34.84 95 and $t.8 for demaud and at $4.(s2ii 4.82.05 for sixty-csv sixty-csv bills. Posted rates, $4.83i4.R3 and $4.S6& 4.87; commercial bills. H.HlVyl.SlV Chicago Produce CHICAGO, Dec. 7. Heavy profit-taking etiused weakness today In the wheat market mar-ket here. Sentiment was affected somewhat some-what by. the comparative weakness of Liverpool cables, the market showlnk little lit-tle response to the sharp advance here jesterday. May opened uncliknged to '4c lower, at 89i'&90c. und declined to 89c. Minneapolis, Duluth and Chicago reported receipts of 494 cars against 738 a year ago. Weakness of wheat had a depressing effect ef-fect on the corn market, but prices showed only a slight decline. May opened unchanged to c lower at 45t6,4c, and held within the opening range. Oats were a trifle easier on moderate realizing by small holders. The decline In wheat was a bearish factor. May opened unchanged to a shade lower at 33iJ33c, and sold off to 32V. 1 Provisions were firm as a result of a V3 10c advance In the price of live hogs following fol-lowing greatly reduced receipts at the yards. May pork was tip 15c at $13.76; lard was 24tf higher, at $7.42, and ribs were up 6c. at $7.27. Close: WJieat December, 86c; May, 89Hc Corn December. 46c; old. 47V174jc; May, 4oc. Oats December, 31c: Msy. 33c. Pork-Jsiiuary. $13.62: May. 313.65. Lard. $7.27: Msy. 87.42Q7.45. Bibs January. $7.H; May, 37.27. rtye Cash. 70c: Msy. 714r72 Klax Northwestern, $1.03. Timothy Cash. 33.45. Clover Cash. $13.00. - Barley Cash. 3754c. |
