OCR Text |
Show vvi IRLB'MIO STOCK MARKET RECOVERS AFTER'SUGHT DECLINE - New York, May, 3. A" heavy tone developed on the stock market today Mexican railroads lost 1 1-4: Lehigh Valley, 1; Southern Pacific and Westlnghouso Eelectrlc, 3-4; Reading 5-8, and Union Pacific and Southern 1-2. Losses extended in all directions, somo of the important stcks making declines of a point or more below yesterday's yes-terday's closing before the selling ceased. Covering by shorts and the execution of somo supporting order caused a sharp fractional rebound. Atchison was bought freely and advanced ad-vanced to 110 1-4. Following an early period of un-settlement, un-settlement, caused primarily by heavy selling of Reading and Union Pacific, the stock market grew harder and before be-fore the noon hour substantial recoveries recov-eries from the low level were the rule. International Harvester gained 3 1-4; American Agricultural Chemical Chemi-cal 1 3-4, and Cotton Oil 1 1-4. Trading Trad-ing diminished on tho rebound, but stocks held firm at the higher prices. Bonds, firm CHICAGO PRODUCE. Chicago, May 3. Butter Steady; creameries. lCa21; dairies, 13alS. Eggs Steady; receipts, 1S.S3S cases. cas-es. Firsts, 15 1-2; prime firsts, 16. Cheese Wear, daisies. 12 1-4; twins 11 l-2a3-4; young Americas, 12 l-2a 13; long horns, I3al4. OGDEN WHOLESALE PRODUCE (Selling price) Butter. Creamory extras In cartons 25c Creamory firsts 23o Cooking 20c Ranch ...A 17JAc Cheese. Eastern 15c Utah 14c Utah mild 14c Y. A. , 10c Eggs-Eggs Eggs-Eggs ?5.75 Chicago Livestock. Chicago, May 3. Cattle Receipts,) estimated at 18,000; market weak. Beeves, CaCIO; Texas steers, 4.C0a 6 50; western steers, 5.00a5.C0; stock-ers stock-ers and feeders, l.00a5.45; cows and helferB, 2.45a5C0; calves, 4.00aG.70 Hogs Receipts estimated at 25,-000, 25,-000, market, weak, 5c off Light, 5.70a6.50; mixed 5.70aC05; heavy, 5.55a5.9G, rough, 5 55a5 70, good to choice, 5.70a5 90; pigs, 5.50aC.OO; bulk of sale3, 5.85aG 00. Shoop Receipts estimated at 20.-000; 20.-000; market steady. Native, 3.00a 4 60; western 3.25a 1 60; yearlings, I.l0a5.40; lambs, native, 4.26a6.10; western, 4 G0a0.25. Omaha Livestock. Omaha. May 3. Cattle Receipts, 5,300. Steary Native steers, 5 00a I 6 00; cows and heifers, 3.25a5 75; western steers 3 75a5 30; stockors and feeders, 3.50a5 60; calves, 1.00a6.2o. Hogs Receipts, 17,200; market low to 15c lower Heavy, 5 40a5 70; mixed 5 55a5.G5; light, 5.65a5.80; pigs, 5 00a 5.70; bulk of sales, 5.55a5.70. Sheep Receipts, 1,300; market 10c lower. Yearlings, 4.40a4.90; wethers, 1.10a4.C0; owes, 3.50a5.40; lambs, 5.2oa 6.10. Sugar and 'Coffee. New Yortc, May 3. Sugar, "raw, quiet, muscovado 3.3G; centrifugal, 3.86; refined sugar steady, N. i Coffee Cof-fee spot, quiet. (Continued on Page Seven.) oo vomrsjumns (Continued from Pago One.) New York Money. New York, May 3. Money ou call, steady, 2 l-lal-2; ruling rate, 2 3-S por cent; closing bid 2 3-S per cent TImo loans, dull, CO days, 2 1-2 per cent; 90 days, 2 l-2a3-4 per cent; 6 months, 3 per cent. Prlmo mercantile paper, 3 l-2a4 por cent. Sterling exchange steady with actual business In, bankers' bills, at 484.50 for GO day bills 'and at4SC30 for demand. Commercial bills, 4S3 7-8. Bar silver, sil-ver, 63 1-4. Mexican dollars, 43c Government bonds, steady; railroads steady. v. Chicago Cloce. Chicago, May 3. Wheat May, 04 5-$a3-4; July, S8 3-8; Sept. S7 1-2; Dec. S9 l-Sal-4. Corn--May, 53 1-4; July, 52 l-Sal-4, Sept, G3; Dec. 51. Oifts May and July, 32 1-8; Sept., 31 D-Sa3-4. Pork May, lo.TO; July, 11.92 l-2s 05. Lard May. 7.92 1-2; July, 8.02 1-2; Sopt., 8.12- 1-2. Ribs May, 8.05; July, 7.95a7.97 1-2 Metal Market. New York, May 3. Copper, dull; spot, 11. CO 11. 70; July, ll.GG5ll 7&. Lead, dull, 4.40(&;4.50, New York; bar silver, 53 1-4. |