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Show SECURITIES "ARE DOWN Money (Market Causes Depression De-pression in Stocks. RATE REACHED TEN PER CENT There Was a Heceslon Af tcrv ard to Six Ter Cent Total Sales of Stocks for the Diy Were Not Much ln Licebs of Half a Million Shares This Showed That Liquidation Was Not Lntgo or Indiscriminate There Wns a iJrop ln tho High Orade Stocks. SIM Fit New Tork . SPIc Han I rantlsco , SPic I onion 1 . 231-lud I,!'AD New lork exchange SI 1215 COI'PKH New lork exchinge ... SU 75312 00 Silver and Draft. New ork May 12-lur silver, Sl'lc Mexican tlollirs 4Iic r Bin I rnnclsto, May 12-btlver bars, Mexican dollirs nominal Drafts, slain. 15c. telr.runh lP4e. Money nnd ExchntiRe New ork Maj 12 -Money nn call firm Mtio per cent closnBt, 1 nnl nskel fm, 1 er cent pi Ime mere null, liner 4V4 iu per rent- sterling rx hmiiii weak wllh artml bislnrss In biukers bills .it WA ! S7 for eleriHiil and nt l4VltMii for Ixty dss eled rates SII,,fi4c. and flsV4, lemmercljl bills il MlI si New York Metals New Vrk Mnv 12 The loeal mnrket foi tin oienel strong hut rloed heivv thoii,h wltlrn slight gnln spit closing nt 21 i.ijeenv nlts wore thlrts tons to arrive at SOCexne re nnl ten tons spot nt Till linJon cloed II hlkher, with spot nl ll.W nn I futures nt fill v 1 opter closei siichtlv higher here wllh still lird tint to August at I112tll iO Inke I12101i5r, electrolvtle Jll feiil2e ml eistlngs ll)fll2e,. I on Ion closed es Tel hluher wllh spit nnd rutures at M 2s td I ad was steadv here anl at Iindnn with thn locil market at II 12'j anl Ion-don Ion-don ut 111 lis 3d Cpeiter wis nrmer here it SI 15 Ion don iitnncl "w tn us 12s ri 1 ngllsh Iron markets eue I off n little nlleegow closed nt KW S.1 nnd Ml 1 lleshoro it ivs C.1 lhe local Iron market ruled etea U and unchanged irnnts were noinlml Kn 1 fnimdrv Northern. iVtutt 2"00 No i foundrv .Northern SlfOfil90) No 1 roundri Seuihern II Wiisf.e, o I rounlrs, Southern r,n 41" 18ei San Tranclsco Mining Stocks. Kin I rnnrlsen Mnv r The ortlclal closing quotitlons lor mining stockB to Hi j were as lotions Vita 03iMextenn I 12 nles in oc Ion Ilelcher oj Op'llr 1 11 Ciledonli 7S Overman . 26 I lul Con 11 l'olosl 26 1 hollar . 15 lunge 13 Confidence ft Sag Helrher 02 Ion C v a 1 40 sierra Nev 27 Crown lolnt 07 Silver Hill 42 e.ouU A. I urrle 14I'nlon 1 on 27 lllle A. Nor 20 Utnh Ion '! Justice OMellow Jlcket 22 Nh OHK MINING STOCKS Vdnms Con I 20 Lit Clilet t 11 Mice is Ontario S '.) Unecr 60 Oohlr . 1 10 llruns Con . 10 Pojosl -! ( om Tun iii's Phtjenlx . ' Con C v. a 1 60 Savage , il Deoel Terra . 75 Sierra Vev . .11 Horn Sliver 140 Smnll Hop. 4) Iron Sliver "3 Standard . 3 JO Lead Con , Oj IJOSTON MIN'INO STOCKS vdventure . J 2' 50 Parrot 26 00 Allouez J 25 cjuinej 126 00 Amalgam M. Vi S I e Cop 2 60 ltlni,ham -C 75 limurncK 1W uo ' 11 BIVff&nT no rrlmn t n 96 "0 Conlennlil is u Ttlnltv . 12 60 Dom Lenl 131 50 I' S .20 26 I ranklln 11 no I'tnh . .1 jr. Isle Hojalc 11 2o Victoria. . 4 25 Mohawk 3l 1 VV Inoni , 2 75 Oil Dom 13 00 iVVolverLne tt e Osceoli .i.ft) linked Con. X 25 I roreifrn Market New ork Miv 12 -The Commercial Vdverllser. I on Ion llnnnclal ciblegram ss The stock rmrket toliy ws In active anl lrrcgnlir Consols relipsed 3 18 to iil 10 on a dlicourmlng article In tho llmea regardtng the nlntiis er peace negotiations tut II Is slgnlllcant that the stock exch inge tn view or the negotli tlons will not cloe as usuil on the Hat uida before VV hlteundij In the American Amer-ican depirtment the New Vork binlt statement nnd the coal strike were dlsre garde 1 and th re wis a rnnterate rlv with 1'nlon Pa' tile e ding New ork at tlrst sold and then hought. with the re suit that trices closed at the ton al though on the stre t prices were duller Cinidlan Pi tflcs were huoant nn traffic returns Hlo Tlnlos were it) up to 41 Col per sold at f5t. the ton There was a mil) In silver elie to tear eoverlnt,s and on Indian elemind The ndvnnce Is too rapid and looks langeroua Stock, nnd Ponds New V.ork Miv 1" Tht position of the Ileal mono niirkrr wns uni1nuhtedl the source nf the eleprei.i,lon which ruled In the stock market to J 0 This wns re Inferred hi the nnthriclte libor situation ns shown by the 111 tension of work to cla In the anthracite region and b fears of a ver unfivorihle ret ort on the con dlllnn of the erors n Mnv 1st to le made b the Agricultural department this after noon The statement of the con lltlon of the I link i sufllclentlv Indicated that some n cuperallin itocss vvoiil! he use this week The henvj decline of over filfceiiiio In the ensli rei,erv ot Iho binks hi I little light thriwn upon It toda and was 1 gool deal of a puzzle even lo t inkers It wis argued tint the trust compinles might le taking siri to billl up their cish resry s lit. the Intlmillnn from the tleurlng hone uithorltlrs mid of eur-rent eur-rent 1 id He ills iissim ami crlllelsm of tho present llnnncl it sltuitlon lhe only a I lltlon il light on the subject wns the rernrt that a he(ivy shipment or cish was made to I'hlla ielphla list week In further inn of the transfer nf the Choc inn oklahomi V lluir anil which dll noi figure In the miilnn trnnsictloni or the banks lhe picssllre tc r Hinds outside nt the stork tinrki t was moat clenrlv mud fet In the M.rllnt xehnnro market in which there wis 11 violent decline nf half a lent In the 1 oui I There were I into offrrlnks of hanker" hills against further I ians negollited al ro 1 1 an 1 I nndon was a free buver f siurki. elurlng lhe tlrst hour thus helling nut the supplj nf ex change The statement or the countrv foreign trade for April showing n decline In ngrl cultural proluets exrorttd of nvcr live. i -ll goes to exililn the rev tiling scarrlt of rxi liaiige and the iirslslent Prmness or ftrelcn exchange up to to die s sharp breik flu total sale, f stocks for tho div which were not much tn excess of Seme... shares shnwf I tint the liquid Ulon wns not lirge or In lis rlmlnnte lhe stocks which suffered 111 t seriously also Indicate, Indi-cate, that lhe high grade of tho pro erlv wns not an SMiitlou It Is recognized thai high trill Mocks havo been llfte I 10 iilces unwnrriMi. 1 bv rondlllnns nnl ul pirtntlv Ihnt the 1 inkers made a sys t.mitlo revision r nl discrimination in rol lalernl today The c mseluui nte wis the tncllltig Mwuy of simo Verently unex-plilned unex-plilned advance In some of the most sub stnntlil stocks on the list The coalers hail Iho additional lurlen nf the strike to carr I'nlon I 1 lilc nnd Southern Itallvvnv were completions for rompira live llimness during the wholo di The mirkit closed sieidv at some rec-over Vniong the diys nntnhls declines mnv be mentioned (lencril I lecirlc, .1 with 11 recovtrj of 1 ellnghouse I.lectrlc II North American, c, I irknvvnnnn, )3 1 hi en(,o St I'uil vilnnenpilli t Omah 1 ioi, NY H II ml,:, Chicago A, Notthweslern I's, Delawate i lluisou 4', 1 hlcapo Inlliinpoiis & liulsvllle 51 New lersev 1 oniral I Lone islam, I'i The list of declines runrfns 1 tn 1 lids a long one Mnne went to 10 er cent ioda and receled 10 0 per c it only after tho principal demand wns sall3lled Honda were weak, in gyrnpathy with I storks T tal ile V, I-? .' "''fl Snte nrw an old 4 nnd the o- de um 1 I, per i it mi tl-e la't cull NEW lOlth. PO VI) I 1ST I S ref -s reg 1091, U S 6s eou 10'j I S rer "a eou 10IU, 'olo So 4S 1 I S Is reg 111 D f. II O l Ill's I K 3s ecu lost, so Plrlflr l 1' 1 S new is reg 13 So Pads. 1. 71 t S new li eou 13'lj So I'ocltlc 4s 1 . I S ol I 4s reg III 1 l 4s I ) I B11II I. mi 111 tj 1 conv Is lie1 V S hi reg 1H6V4 CI 0INO STOCKS HilM Hleh Ivw Close Alchl.nn 15 W 7W4 TPi T preferred 6' 74 MS Ms Illll f. Ohio 67t 107 I0 1W' preferred .' Canadian I ae 9IH ISSJi 1 126's Canada South 80) OB'J "tU 2 t hr A Ohio 1 IW 47 4S i!( Chicago A Alton 1 000 HI JJl. 95 preferred IM 764 76', 75 Chicago Ind A St 1. O.400 76V, 721, 74', preferred .? Chicago & B III ' 1J 161 1" Chi A Ot West m 4W, SS'i 29. V prererrel , 61'4 II prererred 1 W 40", 45 4't Chi A Northwest 2(00 J60 211 2J Chi It I A I c HOD 1731, 172 li.'a Lhl Term A. Ttans 1 H4 21 Jl's preferre.l 1 1 IB .37 C C l V St L 100 1031, llOle, 1(13 Colo Hoithrrn Mil 304 ij 20 1st preferred el 2nd preferrel aeo 4214 42 a Del & Hudson 18 If) 1Sn'i I7S 17i', Pel I, VV 500 27. 270 Jit. II II O 41', 4P, 114 1 referred 1 DO) 90'J (e9't K Efle 16100 H Srt 20' lstlleferrel 3W , 1" K7W 2nl irereired 3f 63 62U 62 Ot North pref . . l'S Hocking Ville 1000 Mk SI M preferred 100 9ov 9054 1014 Illinois I entral 4 HOI 1J2V4 lfl 16. Iowa central 600 4 .' j 45 41 preferreel . 2AI eV. 65 HI Lake I rle AW ) 65 M 1 re ferreel ISO Iiuls A Nash II lew lll4 13 H' Vlnnhattan L la 100 132 13eVs lilt. Meiripolliau St It eisno 1I1, 111 IB;', Mexican lentrul 1 ) 28 2"1!. 2Ii Vlexlcnn National m H, 15 IS", Minn A SI I, 110 Missouri 1'ae 1500 39", Oja, w, Missouri WAT 401 !S. 25', 2'( prererred 1 Do) 6etVf, W, ' N J I entral Wt 17 1V N 5 I entrnl 7 300 137', 1.6 U.i, Nnrfilk A West 3H 67 sA Vrt, t referre I sJH Ont & West 2 70) Wi, Wi 32', Pennsvlvanli II son 15054 HMi IW1 Ilea Mill. 77 0110 5 e.25i 1054 lsl t referred I 0OI M S3 835, 2n 1 prefe rrcl II 001 eyi'i n, i!'I St I A Sin I'rnn I IW e-pj W'4 ft. 1st preferrel ew 5l, tjSj Ml, 2nd preferreel 1 o 725, 72', 7i'5 fi I, So ithwest 400 27 27 2054 preferrel 400 61 6R1, Mt, St Pnul 10 6.-.I MW4 1CI. 1S7J rrelerred . 4l 1)!, f1i lili Pmthern Pic 10M-I e46 fil4 fil's houthern lt lli 87'. S"5 eS prererred 1 .) 965. 5I'4 Of. Texis A Pie lev.) II 4) 4 44 TflStl. A West 80) 215, ?1 215, preferred 8f 8s", S7( JRl, Union Pie (it WO 10H, 1025, 103 preferred V 87', SeT. 7 VVnlvish fle 815, W, JlVS 1 referred 20i.) 41'4 4P, 4J54 VVheellng A I. II 7 KH 5t, 22 2n 1 1 relerred 8S Wisconsin (ent 3 500 "7V, SO 20 irererre.1 435, 4SH 4754 I xi resn 1 omnanles Vdams 15 Vmerlcan 2n t'nlted Stitea 100 11, IP, 115 Wells I nrgo 20 Miscellaneous Vmil l opper 41 801 00 eS " Amer Car & Tounl 70) 805, HM4 ""t prererred SO n't MOj Amer Linseed Oil 4") 26 23", 21 preferred 63 Amer SAP 1600 4'54 4S!i 454 preferred . e554 Vnacondi VI Co 4 ) 111 uiw. nn, llrooklsn It T 920) C, rjl, nH Colo I A I 23 0) Win S'H 1""' ton Oas 7n" 22254 219', 22"5$ I ent Tub pref 11114 (leneral Ilectrlc 220O JJHj son 316 Hocking coal 60) 15 17 17", Internal Iaper 100 2054 201, 10', preferred "3', Internal 1 ower too 'UM, 8P, tu ljirl.,1.. Has M Vatlonil lllsctilt 700 41H 45 41 Nitlonal 1-ad 1 lrt toil Wi 114 North Amer MOO IB 115 120 I'ac l 01st 10) To ") e Pae Mill 300 M'4 8 T754 Iwplts Oas . JOO 108'4 1, li 1 ressed Steel Car 1 4IV4 wi 48'4 preferrel . 800 68', Ht, S3 Pulllinn Pal Car . 800 tSI", 1J7 236 Itepubllo Steel 10 17 17', 17', pteferred 1 70l 755, "2, 72', Sugar IH I") 127J 121', 14, Tenn C A I HIM a54 62', e3!A Union n A Pap Co 300 K 165, iv; prererred S2 I' 8 leather 2 Km ljij 1J, 12', preferreel 7") S35, M, 8.H, U 8 ltnbber . . 100 lsl U55i 11.54 pr ferrel . 21H 6H5, 66 60 U S Steel IIS.) 413, 4", 4(, prererred ilt-l 91 10, !JO., Western I nlon 6(0 1l, op, 'ie! Amer loco 2500 32 51 31', I retcrrrel 1 l 11 01 S2s, IC c houihern ; wo 2i, 2), 21 pieferreel 1.9ft) 53', 6) 6954 total sales for lhe dj 0Je'o shares. Live Stock. CIIICAOO Chicago VIa 12 -Cattle nerelpts 1 -ewi f,oo! to prime steers J, 40 poor to me Hum. H'I,C7& Blockers anl feed ers V 6fl35 cows 160eiM heifers l."6iie,i e inners. $1602 60 hulls "vi 6Ni calves l'lKJeio lycas fed steer. (I 25r 60 Hoks Itereipts today 5$ inn tomorrow 21 m lefl over 4m Opened 5ilOe lower closing 01 live Mixed nnl but herst 5 D'l good to choice heavy 7J67 325, roiihh hraw inviirso llahi 8 764i7is, bulk of siles i.95S7 20 Sheep Iteeelpts IS0O0 Strong limb, stead) to lie lower (,ood to choice weth ers 5-6fl tn fair 10 choice mixed 5 26 6 "6 Western sheep 6 KJfll native Inmhs rllppel $6 leiro 61. Western lambs )-. Jiflii .0 Colorido wooled lambs s7 10 ST JOSH II St Joseph Alo Vlav l Ci I tie-Tie relpts l fcleadv Native .V 25 cows nnl heirers 12 60iei 50 veals K 6eXl fiert stoi kers and feeders K60(i7 6n Hogs Iterelpls 31'") tead I Ikht nn I Htht mixed 0Oie716 meilljin nnd heavv 7 Knit to pigs J2fft6 2f hheep-Ueeelrts. ni Sleiidv West em lambs Je, I5ej 18, w estern sheep, II 86 Cl.25 Kansas cirr Knnsas City Vlay 11 -f ittle I(ecenls 80. in ludlug 600 Texans elresse I stea Iv others weak Native steers SA esv li rexisnnel Indl in steers WMi I of , lexns cows I2"0fi560 native eows ami beif rs Ji'neliijW .Inikei. nnd feeder. I3i.ii Mi bulls J.I .Kfif r, inlves II '.fjrt 1 Hogs Ki.clrta 6000 Market weak 10c Inn r Hulk of sales lei f7o0 heevv 7 1 i J3i. lackers 17 Ifi7 l, mellim li. tr, ek ,(,,, IITIWiS'A hh Iteeelpts 4 ! Market ste I ly M nte ns 119'ifiono lambs I ai io ritixee wethers IH'U6lu, ewes H 7 if. OV1AIIV Om iha Mav 1 f nttle-ltecelpls, !e)0 market m.afi, Ive .tens 5l."7i.e ows mil helfe 5MV(iliA Woslein ee.is veM(')i. Texas stee is l60uD5n eenners :! J sloe kers mil feeders lliefi calves 13 6em i, I ji B etc 1.7 1lof ll.gs Iteeelpts 3Se market VB 10c lowe r heavv 7He7l6 mixed eH6f7 10, light. mVOO ilgs t 60I H. hulk of anil s lei 17 0 hheep llee eliils T7 m irket stea lv fed muttons 15 Mi, (. ,w,s uibn com rnnn and stotkeni 3 0ftrf5 00, lambs IS 60 nFNVin Denver Colo M ly l'-f'.ltliRrcelnt. 4CCV) strong beef steers lle.lfiejej eviws l'5l. slockeis anl feeders freight i ill to river UW,!,! bulls stags .'", lings- Receipts loo lower light t nck-fis, nck-fis, IO.COlS-0 'mixed and heavy iJ-lij j, Slicep-lt.rclpis 2ftl sleadv go 1 1 fat muttons H60g6 o lamhs , fsjtiCGeJ St Louis Wool M ''0t St louls Vlay l.'-Wo, qfl T,rr "rv and Western meellu. a ljsiltc nil llilljc course, lltille "Ji'C line Weekly Bank statement. New Vork Vlay 12 e... , . if grain Haturdij Sla tut Jm.lX bv the New Vork produce r.ehin.. ." follows "." is a .'.Uhell?303Mlb",nel" rtl " IW bushel. m'n h""1""' '""" " bl'sh.'l."""' h'"h"' ,1'rr",", "'"l ,',' 1l- bushel, decrease 2 m4 liilsnel.1 M3 h",h"" ,lrrr"' '""') Elgin Butter Mnrket Klein III vtav 12 Hutur r m n .,. nt-fSt'-inVr--sold tolav nl em n, ,,,l,1." vvuk wcro iW,ox pound al a ot lnl |