Show FINANCIAL I COMMERCIAL WALL WALLSTREET STREET Nw York Oct 12 Publication or o Pk personally denounced ra It a report of ot his Intended l work on n the various railroads which which- lio was identified with caused wild break In the stock mar mar- lec Union Pacific which had held hed firm throughout since last March j today broke through the bottom ml Smelters mla a tars went to a n new lex el at as a mat mat- a. a tor of cut course QS am did Amalgamated and Si Paul The collapse of ot the ue last named r stock was ws more terrific than almost any break brank of 01 the day r t Xi Vr n E lon afloat and ugly f- f u Rumors were again attacks were s made Hut In lit time the midst of or till u the burly burly III-y the true cause j v if I was not nU given The true causo fl of I I demoralisation Is the in JAi JAi- of gold Z 1 ns 15 the money standard I for ALI The millions of ci have be been J converted Into a huge hurc to absorb the metal The TUe wealth o of Che Hast may roon b be realized If f 0 keep pouring out mU as It has been pour pour- Iii iL f the thO last year Thousands of if toils tOiS v of f silver are in the hoards of or the tics anil arni those people have decided that It IL must be 10 replaced The Tue rno 1 Is going to force farce a readjust readjust- V s muni ment of ni values throughout the ed 1 would and men who f. f this fact act and shape their i courses accordingly will ill fare arr tim the best V Denunciation is uM fashionable Just now V. V tu the process of or i vali val val- i jr lies uncovered some of oi thuS the mummy many re ous that are always doing a n prOs prOs-i pros pros-i and anal always win continue to Ita n so When Lien an old t lug ung i Pu torn down it I Is perfectly natural that rat holes should b Such a- a Ja Is i the timo case in im street today 4 II The th- decline cannot be he fathomed P- P T ie Copper will wU a la Jut t not net fn In Us its monumental farco tarde by closing down Us Its mines y relieving the Eho 5 n tat I on The I it pays the cuir- next Llma wilu bo lie limited I by the amount of ot money it can tz borrow to ma make Ice for Us tunis funds tied led up imp III the Ii metal Tile The smelting ut ti-ut not only owns the American a company hut many others dou do- do toc c u n a inri- inri lm traders are of f the Limo to toen en up imp for or peAt past losses losse C f a. James A. A Pollock Co hankers and andt t f furnish the following received over l private wire yesterday after after- I II IL Sales mer r. r U. U i J i mer Smelting 77 7 73 I American Loco j 15 ir 1 4 45 i ino mc Amer r. r Sugar Cop ii Anaconda Cop O TSO Atchison SUI 1500 Bait Rait Ohio t t I Rapid T. T U i 40 u i iv v i ll r I i 20 Central nh PS w- w Central l 15 i l CO 1 a. preferred f i 1 60 Net Net- York cot N. N Y C. C V. V j isoo Nor 6 66 National Lead 42 41 1700 Northern s F 0 mel Island i I U m. m 1 I iS iS is k 1 12 I 1100 77 75 5 L. L Pacific S 5 Steel 23 8 L.- L. Newhouse I 7 6 1200 Utah Copper 21 21 21 I 1 Copper 2 2 25 1500 I 3 8 S 'S In Ill c Chicago Oct 12 May May wheat vii nt closed a to time the high price of the year to today today to- to day a bushel Tho TImo other options kept pace with May lay The ascent vai accomplished without with with- i 5 out fireworks re seemed to ii he heK K a trace In the battle between James A. A Patton leader o of the hulls bulls and J. J ik Ogden Armour rally Kent believed to be he longest of time the short hort In the words 4 t. t of 01 an At St least It wa wasa u ur r- r truce on Mr tr Armour side sidn Also il y the best information of the brokers aS that he hail had been covering for Eor several 5 S days having havinK begun that tactful method f S of protecting his hunk bank account as soon S as he lie had assured himself that Mr Patton would not his f S drop holdings anti and run for or the tall tail timber rT The man with life yellow wagon t was really somewhat provoked today bt about the reports of his losses al although at- at though It was admitted they were mostly most most- kac ly on in paper lie jie told some of i u friends tha t he was moL In the tho rt S.- S. at nil hut but that statement was not ac accepted ne- ne with absolute wood good faith b by byg g the They did concede howS how how- S er e that he ho hind had probably coveted covered a good del deal of his short lino estimated a a few ow days a ago o lo to bo ho between 15 one and 20 millions ty a l lo Ours huh Him S Mr Armours Armour's methods of trading S. S are sly and It in ha always hard bard to K r what he Is doing I He Ic has nn no r i iT T a firm of or brokers ami the pit traders u often buy or sell millions of or bushel i s of for or him without lug knox fo or V whom they sire are In lii the lie pros pros- ont fight Roberts and anaL company were t jf S supposed to have the bulk hulF of his bus husha hush hush- t noff i a and the oct that the firm Irm xvi C buying heavily was tvis one of tIme tho VJ tS lOut Induced the of time iho bo tt fJ to think Armour v-a v covering jb r- r s Thero wits was no truce upon Mr Pattons Patton's K s J Y v part though He lie was tas out omit In the ope HA n buying heavily using the trad trad- S ors ers of r his own Irma firm lie was not on out for alt aIr Mr Armour's Armours hide exactly no nor tEp was he Ito making a general collection of f. f S 'S hut looked good to L him liln anal he bought un on his faith as asS a p S- S per that time the price wu was goIng to b bp be p a fl great deal higher before it Is ix mater ner j v lally j 5 VT rhe former Cornier mayor of wa was Sj I the side lines almost all ull the i S 'S short day do closely so I watching tho trend of or time the market He lie had discarded the long frock coat he wore the hue tiny before leoro when be was taking tat tak lag ing profits antI and was In his customary M suit With hIs bis business coat he hi put pin nn on his business frown and amid tho th hoard inard smile of the day before was gone for lie lii Was buying wheat ond nuI risking money Instead of selling out nut for the profit already made tnt t he was on the day v vIt It was vas the on of some of the lOt host Informed men inca of the board that the tho Armours' Armours interests ere are no the Shading hears Both Michael and John ar are to be on the tho short side Ride of thi market for several millions of bushels Behind them It Is also said there is a strong following both from Omaha and Chicago The Now New York clique chased to rover yesterday and wan forced to pay ia many of tho smaller speculators profits for the filer tiler but It is also said the thiu pool went short again still bavins faith In fit a blur big break that will trill rout the bulls s The Tho public hogan began to get Into time the market today but was prohibited from trailing trading heavily by the poor telegraph service of the hoard board Only thirty operators op of meagre ability are on ott duty while ordinarily there are of the cracks of the ho business The Tho brokers have lost somalI small fortunes In small com commissions tom tom- missions because nf ot the tho had lack of proper wire service The prophets of it 1 50 for fay wheat were more positive titan than ever today that their predictions would conc come t true rime t r i iii Copper Boston Oct 12 Prices con continued tin h downward In Boston Hogton so for far a as the tho copper cop cop- per shares were tere concerned moT Calumet and and was tas off 10 at 11 at CL S SO Boston Doston 2 i v nt nI 1301 Arizona Commercial 2 nt nu Too Copper J 15 at 52 Cupper OON Cm A. A Pollock A Co hankers ano brokers U 1 West st Second South street furnish time the following received oem their private wire yesterday after High j I Low I close I sio R. R C C. I 1075 R. R Coal I 1150 I 11 I 1 C. C I. Copper It 1 Elyj 12 ID W. W 10 I Sl fl 17 81 00 00 I mOO evada a too son soo c. c no l' l 28 2611 Co op I S. S S. S 5 2501 sir Con 22 00 21 50 31 50 c. c a A. A 22 1200 i I D I Trinity U Oi-Mj Oi tIn uk I Nor Oct 12 Th i hank stair stair- tent flient raI ovon Hotter than expected although the chances s-ero s bv by no means in i line with forecasts The rho increase Inthe in inie the ie surplus reserves reer as as The a itier ase In surplus was brought about y 1 the mulch much larger contraction In deposits de- de posits than expected or one of 10 Loans Joans also showed about 5 decrease Conditions Condition hi Iii gen gen- enral en- en oral ral business as reported by the mer- mer are arc favorable and with witha a volume ahead of a year ago This hM s in the face of the handicap of rates for money and commercial At Vt London money was In good supply anti in time the today Discounts wore ere firm Americans were weak Stock Sorl i nod New York Oct 12 Following are arc Il bo ium ales of bonds bondT expressed In ml nal the range of prices E v. v C. C Is of J apis I. I so L ip I io ss so J ap 2nd 1 A eon ls 00 i 90 A con s I 44 5 Cent 1 51 I joInt Is 3 focI Island Is I 0 Coin St Ss II 45 Gl I tet GO Mex Cent let incomes 20 15 Cent 2nd Nor Pac gemi Ss 21 Nor Pac prior G OS So Lac le st o. o ref 1 Sj so it it On I 1521 New i ork urk Curb Jame A Pollock Co hankers anti anil broker C 0 West Vest Second South street furnish the following over their private wire afternoon I lx w. w I Ciomo f Ily COOS Cons 1 Dom lom Cop 2100 ro 27 Greene Crene 57 75 r 5 U Ne 2873 2 2023 21 Mitchell l 1 31 Ill 1 I I 1 I liroux i ICing v. Rd 1001 1 1 1 I 16 1 1 1 10 untie f i 2001 3 87 Rn S New York Oct 12 Rae silver li in Ix foil fell J further today lo to per ounce Today's New York price nn J Z lower at Mn one cane points point 4 C rii New York Vent Oct 12 bank bani clearings report for tho week Oct 10 10 an aggregate nf of 2721 as ac last week and in time the coi coire- coire re week last 1st year Canadian clearings for the r k total a as against last lant wc week k and In the tho same week last year 3 The following Is a list of the principal cities Inc Dee Dec Net s i 1 2 Chicago 17 I 4 17 4 I Philadelphia 45 St St. Louis 1 I. I 2 fifi 1 u San Francisco T i 10 o City Los Angeles 21 Seattle Denver er 7 S. S L. L CITY ll 1 12 1 Portland Spokane 35 7 Oi 20 r Tonka 51 I 00 Oakland Oklahoma City Vancouver 34 7 Victoria 46 |