Show FINANCIAL and I I l COMMERCIAL COMMER BY DY THOMAS A C. C SHOT W ISM N Now New w York Jan 13 All All sl signs ns in Wall Wallstreet al s street treet tola today pointed to a turn In the tho market Selling was of poor quality while bUc buying was of or the best let One s significant thing was tho the tho rumor that s banks would reduce tho the Interest Inter Inter- o est st on deposits to 3 36 per cent The natural result of this will 11 bo be to lO cause causo withdrawal of ot deposits which will wIl be 16 i Invested In the stock market markeL The saY sav ao l ings banks have havo not reduced the tho to Interest in interest In- In terest threat yet and And thoy probably will wi not do s to po o. o but V. V Wall al all street Is IB trying to creato create the Impression that tUt such a scheme Is on f foot oot Coot are sad ad d days for tor tho the man with wih a thousand dollars Erie continued to bo be tho the dominating i influence In Wall aU street toda today Tho The Thos road will wi not KO go o in into o the tho hands of a receiver for four tour or tivo Iho months no matter mattot mattor mat- mat tot tor what the public service commission does docs regarding tho the bond is issue issue is- is I sue suo for tor which application has tins been Leen made At least halt half of ot that Issue Isue willbe will willbe 11 be issued because there Is la some se security so- so e- e curly back of ot it I. I Information from sources usual usually trustworthy was to tho the effect todo today that ErIe Edo would get et I entire entre bond Issue un under er an agreement to uso use tho the of or unsecured bon bonds s for fOi actual actual actual act act- ual Improvements When all al reports arc digested tho tim only tangible tiling thing left lett is tho the idea idea that the tho public commission may hesitate to throw a abig abig abig big railroad Into a receivership b by re refusing refusing refusing re- re fusing a paltry 0 of bonds But nUL receivership of ot the Erlo Edo would woul not be bo calamity because e cr everybody body knows It ought to be reorganized Buying of or the best character was vaa seen Reen in Union Pacific Southern Pacific and nOI Illinois Central Central- Election Electon of ot HarrIman liar liar- rIman to the board loard of ot directors on February February Feb Feb- 13 12 may be bo preceded by an nn orl- orl ofIl- ofIl cial announcement that ho he will be elected The fact tact however is too well wol known to deserve discussion The f fight ht on smelters was WIS renewed again through the time ticker and shorts aborts broke their own Amalgamated mal stock In the hope of ot causing a collapse in smelters but without avail Some perSons persons persons per per- sons In tho the street say tho the thumbscrews will be applied to the smelter shorts carl early tomorrow That Is not likely for there is a a desire to seo see more suffering Smelters at nt GO 50 Is hI the slogan of 0 shorts On tho the curb curl GIroux was still sUI tho tim conter center con cen ter tel of ot attraction breaking more than n a 0 dollar a share I. I In th the Str Street et Number r of ot shares almares sold today against a year ear a ago o. o Par Par- lr value alue of bonds sold today 53 against 87 a year ear ago ngo The now new Russian loan of will wil be offered for or public subscription thou tion ton at 89 on January 22 2 The Tho ro bonds bear ear 41 per pel cent centI It I Is understood that the ways was and means men committee of ot congress has agreed to lot In large quantities of or raw sugar freo free from rom tho the Philippines As As' the sugar trust is a refining proposition tion ton only It Il will wil reap a A decided advantage advantage advant ant ase age along with the Filipino planters I In his report to today ay at tho the annual moot meet mooting meeting ing of tho the stockholders the President said sold tho the refineries are In better shape shupe than a year ear a ago o with further Improvements improvements improvements improve Improve- I ments under consideration The number num nurn- I her ber of or stockholders has Increased to shares 18 1870 the tho average erac holding being 84 3 1 flange of PrIce Price James A. A i. i l. l Pollock 8 Co bank bankers r and broker brokers 6 G West Vest Second South street street furnish the following received over o er their private ato wire I IL H. I L. L I Sales Am C. C F. F ISA 47 2700 OO Am Smelting U 8 8 55 Am Locomotive 50 66 55 56 1 1700 Am Sugar SUar 12 1276 6 JOO Am Wool Amalgamated Cop SH 79 soa Anaconda is 18 46 46 2500 2300 OO Atchison B. B and O O. IOn lOSS 1091 Brooklyn n n. n T. T 70 68 GS OSS Canadian Pac Pae 1752 1743 liH 1000 Clies cies an and amid Ohio 56 57 5 C. C M. M 1 and St. St P. P HSi Il 1103 cob Colo Kand Tand I. I tl 11 1 39 40 01 Con Gas Cas 1271 1268 1271 1000 1 Brie Xe f 2 0 d O 02 Greatt i. i 1421 1411 1423 1428 i Illinois l. l C n c l. l 1 1 UZ HI Lou Lu ami Nash 16 l 1221 1 r oo Missouri Pac CS GH 68 M. M 1 K on and T 43 11 12 1100 do preferred 74 H 3 73 1 1100 X N. Y Central l 1271 n. n N. N Y O. O and W. W 46 oe 15 46 G 2000 Nor and West West 85 SG S So 1600 National atonal Lead Lad 76 76 76 Nor or Pacific 18 1 S 1200 Pennsylvania 12 1321 1333 1321 Peoples People's G Gas 10 1022 ion 10 1600 1100 Reading 1361 1 1372 1373 Rock nock Island 24 23 2 I do preferred 60 01 tS GO 60 H. H OO Rep I. I and S S. U 42 Southern Souther I Ry 25 S 25 56 Southern Souther Pacific 1178 l 1171 Union Pacific 1781 ln OO OOT U. U T S. S S Steel 1 5 52 4 do preferred 1125 1122 1128 12 1123 1122 1000 Utah Copper HI 44 HU 44 TenD Tenn Copper Coppet 44 H 4 1800 Newhouse Sa 51 5 51 H ZI 10 Total sales Money one closed close 1 H per pel cent |