Show FINANCIAL and COMMERCIAL I Iny TIT ny THOMAS THOMA C. C New lw York March 1 Steel I.-Steel Steel copp copper r rand and Taft Tar were tho the Important factors In Wall Vall street to today n Each Influenced tho market lu in turn and tho the result was resul as a a. stead a advance vanco throughout hout tho t see ses S. S don sion London was a treo froc seller In tho tim early trading hut but nt after r tho the official close was read It I also alwo bullish upon tim A situation Perhaps tho the most Important t report that In connection tho the American with tho tim Car stool steel and anil trade trudo Foundry was waa wa company had purchased OO acres of oC land at Gar Gary and and would erect a largo large plant an and operate It in direct n I connection with wih tho the steel trust Some SOno largo large contracts contract are arc being made I for tor material at prices 4 to 10 no under I tho the official figures that abandoned last week by tho the trust Development of or tra trado o Is ts var very gratifying to tho the stool steel people and the reduction In prices Is IB already recognized ao as a n distinct suc sue cess ces In fact so great groat has been beon the tho demand for steel that It I has found a n reflection In tho copper market Un Un- reports tol today wore were to tho timo ef of- feet teet that negotiatIons for tor tho the pounds exclusively reported In this column last Satur Saturday ay have havo havo been con con- eluded at nt an an nv average of oC 1 cents all al being for export It I IB 18 said to bo be a a part of or the time agreement that that price shall not bo be cut b by tho the producers producer Following this announcement sales wore r reported ported by various interests Inter inter- ests some sone going as high as ns for tor electrolytic Tho The producers have 1 man aged to make malce tho thoo o sales for tor account of or tho the month of or February so that tho the report of ot unsold surplus on hand hund for tor March 1 will wil s ull probably show no very or material Increase over ever the pounds reported on February 1 1 Denver Rio Grande Grando was a star tar performer on n. n n rumor that tho the common stock would receive a dividend at nt tho the rate of or 3 per cent beginning on July 1 1 or as ni soon thereafter as 8 the West West- ern em Pacific begins to run through trains from Salt balt nl Lake to San Fran Fran- cisco Tho The D' D Denver nver company has hns boon been able ablo to keep up 6 5 per por cent dividends on en its I pret preferred stock tock during all nU the hard times and this thi has boon boen In spite of or tho tue fact that tho lines withdrew through freight from It as 08 soon as Gould Goul announced tho the determination of oC building through to the tho coast coat It I Is la understood the Hill lUl lines have bare n a 0 largo large Interest In Denver Rio Illo Grande al although RI- RI though that Interest ma may never nover bo formally formally for tor mally maly represented nt d Several brokers allege to have advance ad ad- vance copies of or President elect rafts Taft's Inaugural n address These alleged copies caples dealt deal largely largel with wih tho n negro ro queston question but on other subjects nothing Is given be beyond ond what has been repeated repeat repeat- ed over again by Mr lr Taft Tac In his hla var var- ious bus views One important decision rendered b by the thc court of ot errors and appeals appels of or New ew Jersey ersey reversed rc findings of ot the lower courts and ane held that the tho merger or of ot tho the United Sates Leather Into the tho Contra Central Leather company compan was Illegal Best Beat opinion among conservative bankers today was that tho the present advance nd In the tho market was mostly complimentary to Taft Tart Vcr Very low few of oC the tho best beet Judges of ot the tho market expect the rise to hol hold more than a few days das after aler March 4 Wages must bo be re ro- ro and there are arc several se ant features that are aro certain to como come to tho the front In the he Street Number umber of shares sold to today T against a n year car ago Par lar value of or bonds sold today 3 3 3 against a year ago Heavy of ot lea buying Amalgamated toda today b by a 0 local firm led to a. a I rumor that ono one of or tho plungers of ot the tho street had lost the price of ot a n steam yacht acht In the tho last four tour days das Tho The Carnegie Steel company has bas put 1000 men mon to work In its Is South Sharon plant plat this week week This plant has hI not been boon In operation for tor ton months months Work ork has been beon resumed in tho the open hearth furnace flange of ot I I Quotations received over prIvate ate wire or of James Jame A. A Pollock Co lankers bankers and brokers broker 6 West st Second South bouth street I 1 H. H t I J. J I CIa 18 m C. C F. F 47 Am Smelting 80 l m Am Locomotive 63 53 1 5 52 1200 Amu m SU Sugar n 19 1 8 18 Amat Amal Copper 71 GS 71 71 Anaconda Anaconda Cop 42 41 Atchison 10 C. C and O. O 1031 IOU 1002 1072 Brooklyn H R. R T. T 71 1200 7 7 Canadian Pan Pae 2500 Ches Ohio 61 65 C. C c M. M and St. St 1 1 IH Cob Colo F. F Ii and I. I 3 34 33 Con Gas I 1 1266 6 1000 D. D and H. H R G. G 7 13 H 44 Erie Erlo 28 44 8 27 28 Great Nor Ul log HOB IH Illinois Contral H 1411 11 12 Lou and Nash 1301 1 9 1200 Missouri 68 CS 2500 M. M K and T. T 1 40 39 40 do preferred 73 73 71 x N. V. V Central 1 1216 I 6 14 N. N Y V. O. O and Y W. H 44 45 2600 45 Nor and West est 87 87 1400 National Lead 87 Northern Norther Pacific 1381 1372 Pennsylvania 1292 19 1291 Peoples People's Gas 1102 Reading 1 10 1211 10 1242 Rock Island 1 fock 3 do preferred 6 61 6 62 Rep nep I. I and S. S 20 06 O 1000 Southern I Ity 4 24 H 2 2600 COO Southern Souther Pacific 1176 1171 17 Union Pacific 1741 U. U S. S Steel 46 H 44 17 7 10 preferred 10 1101 SOO 2800 Utah Copper 4 10 1000 Teon Tenn Copper Coppel 38 37 1300 Newhouse H 46 H 41 4 H 1000 Total sales Money clos closed d a per cent Sugar ex dh U 12 per cent cent I CanadIan Pacific ex 3 per cent Union Pacific ox ex b per cent |