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Show WALL STREET UNSETTLED NEW YORK. March 30.-Saturday's favorable fa-vorable bank statement, and the better tons for Americans in London were disregarded dis-regarded at the opening of today's stock market, a majority of the leading issues showing declines. A special selling movement move-ment was made against Union Pacific and Southern Pacific, the latter exhibiting considerable weakness. Practically all the international list was lower and there was further evidence of forced liquidation. The continued absence of public interest, inter-est, the increasing intensity of the Southern South-ern Pacific controversy and various adverse ad-verse rumors ranging from threatened labor la-bor troubles to fears of a money stringency, strin-gency, were the chief causes for the unsettled un-settled state of th market. While definite information -Is lacking, there is ."lttle doubt that some of the , banks have called loans as a preliminary to the adjustment of April settlements. Southern Pacific was sold down 2 to 68, the lowest of the movement. Bt. Paul. New York Central, Pennsylvania, Reading, Read-ing, Union Pacific. Amalgamated Copper and Tennessee Coal declining l8rl below Saturday's close. Many other less prominent prom-inent stocks made substantial declines. Supporting orders checked the decline and rallies from the lowest extended to a point or more In Amalgamated, New York Central. St. Paul and Canadian Pacific Pa-cific and 2 in Southern Pacific The desultory desul-tory rally continued when the reaction was partly complete. some fractional gains being established. Southern - Pacific Pa-cific after touching 60, fell back again a point with a slightly unsettling effect, but the tone became firmer again. The trading trad-ing became intensely dull at the rally. The first hour's selling was attributed to calls for additional margins. Bonds were easier at noon. Buying was encouraged by the absence of fresh selling at the higher level of prices. The Inquiry, while small, carried St. Paul. Pennsylvania, Union Pacific Amalgamated and a few others a frac-rtlon frac-rtlon above last week's close. Southern Psclflo rallied to 60. Bull leaders were rather disposed to hold the list steady than to force an advance. Southern Pacific Pa-cific fell back to near 69 later and the market eased off. Prices reacted slowly ' but the decline did not become precipitate until New York Central broke to 130. Other stocks fell off rapidly then, St. Paul and some others oth-ers touching the lowest. Declines from the high level ran well over a point in many instances, including Missouri Pacific. Pa-cific. Norfolk A Western. Reading, Pennsylvania, Penn-sylvania, Southern Pacific and Amalgamated. Amalga-mated. Selling slackened somewhat toward to-ward 3 o'clock but the market showed no disposition to harden much. The apathy of the demand on rallies offered no encouragement to the bulls snd active selling wss resumed. carrring prices tq the lowest of the city. New York Central touched 130. St. Paul lost 1 and many active stocks extended their previous fractional losses to a point or more. Anaconda lost 8. The tlghtenlngof the call loan money aggravated the weakness. weak-ness. Covering by room shorts caused a rally of a point in Southern Pacific and of fractions in other stocks. The rally was not well held and the closing was active and irregular. St. Louis Wool. ST. LOUIS. March 30. Wool Un-changed: Un-changed: Territory and Western medium, 1517c; fine, ll16c; coarse, 1215c Kansas City Cattle. KANSAS CITY. March 30. Cattle Receipts. Re-ceipts. 6000, including 500 Texans; steady to weak; native steers, $3.5Jr.75; Texas and Indian steers, $2.50g-4.20; Texas cows. $1.903.26; native cows and heifers. 31.75 4.60; Blockers an feeders. $3.754.6S; bulls. $2.0003.75; calves. 32.35g.76; Western steers, $2.90(&.00; Western cows, $1.96 3.90. HogsReceipts, 3100: market weak to 6o lower: bulk of sales. $7.20f7.30; heavy, 7.26fr7.40; packers. $7.107.30; medium, $J.207.35; light, 36.967.15; yorkers. $7.10 7.16; pts, 36.50.95. Sheep Receipts. 4000; market steadv; muttons. $3.80S6.50: lambs. $5.757.i6; range wethers, $4.806.20; ewes, $4.755.90. New York Money. NEW YORK, March 30. Noon: Money on call, steady, at 5 per cent. Prime mercantile paper. 6 per cent. Sterling exchange, steady, with actual business in bankers' bills at 34.87 for demand de-mand and at $4.83 for slxtv days. Posted rates. 34.84 and 34.87fe4.88. Co-nmerclal bills, $4.834.83. Mexican dollars. 38c. Government bonds, steady; refunding 2s registered. 106; refunding 2s coupon. 106-rs 106-rs registered, 107: 3s coupon. 108; new 4s registered, 136; new 4s coupon, 137; old 4s registered, 110; old 4s coupon. 111; 6s registered, regis-tered, 103; 6s coupon, 103. Chicago Grain. CHICAGO, March 30. Cattle Receipts. 2500; steady; good to prime steers. 35.009 6.60; poor to medium. 33.764.75; stockers and feeders. 32.7SSi4.75; cows. 31.60(64.50; heifers $2.50(34.35; canners. 81.50e2.75; bulls. $2.264.50; calves, 33.00(75; Texas fed steers. $4.00(54.50. Hogs Receipts, today, 34,000; tomorrow, 25,000; left over. 2500; frfflOe lower; mixed and butchers, $7.1&27.S5; good to choice heavy, $7.3537.55: rough heavy, $7.1VS7.3o: light. 36.90-&rf.20; bulk of sales, $7.207.35- Sheep Receipts, 20.000; sheep snd lambs, steady; good to choice wethers. 35.606.75; fair to choice mixed. $4.505.50; Western sheep, 35.604.75; native lambs. $S.5fr&70; Western lambs, $5.50iS7.50. New York Produce. NEW YORK. March 30. Butter-Receipts, 6000 packages: firm; State dairy, 1725c; creamery, extra, 29c; June creamery. cream-ery. 1928c: factory, 134fl6c Eggs Receipts, 17,i00 packages: firm; State and Pennsylvania, 15loc; Western uncandled, 14c 8ugar Raw. steady; fair refining, S3-16c; centrifugal. 96 test. 3c; molasses sugar, 2 15-16c; refined, steady: crushed. $6.40; powdered. 34.90; granulated, $4.80. Coee Quiet; No. 7 Rio, 6c r San Francisco Grain. ( SAN FRANCISCO. March V -Wheat-Weak; May, 3133; December, 31.18; spot, weak. 31.3501.42. Barley Weak; May, $1.08; December, 84c; cash, $1.15. BANK CLEARINGS. Today's clearings. $651,343. f Same day last year, $637,959. |