OCR Text |
Show STOCKS LOSE III ra5ELLING Uncertain Money Situation With Higher Rates Has Depressing Effect NEW YORK, May 12. Tho uncor-Itnln uncor-Itnln money situation, as indicated by j yesterday's 10 per cent rato for call loans, accounted for the further Ir-I Ir-I regularity of prices at the Ifatlesa , -r ... V n1.i-lni 111. jOpenillK UL lUMilJ O aivil.rk. imim I dependent steels, sugar and low-grade oils were moderately higher, but motors, equipments and shippings again tended downward. Pressure was directed against Studebaker, American Ameri-can Car and Atlantic-Gulf, in which early losses extended to a point. Dealings In rajls wero light at nominal nomi-nal changes. Shippings, especially Pacific Mall and Atlantic-Gulf, led the market to higher levels In the first hoiy. Pvalls notably coalers, also responded to a ( moderate inquiry, but the list began 1 to sag when steels, motors leathers 1 and textiles became the center of another selling movement. American 1 Woolen lost almost points and re-1 actions of I to 3 points accompanied j light offerings on other industrials! and specialties. Out of town advices dealing with the motor and a filiated trade were not encouraged and the Mexican situation provoked further liquidation. Signs of tighter money were foreshadowed by the eight per cent opening rate for demnnd loans. Oils were bid up at midday, Royal Dutch and Mexican Petroleum displaying dis-playing marked strength with, .omc of the cheaper petroleums. Other leaders lead-ers rallied Irregularly, only to fall back again when call money advanced to 9 per cent. The motor group was! weakest on tho further reaction. j ry r 1 OGDEN LIVESTOCK MARKET Cattle Receipts 30; choice heavy hteers ?10.0010.75; good steers ?9.00 10,00; fair steers $S.50S.50; choice feeder steers $7 008.50; choice cows and heifers -j.009.00; fair to good cows and heifers $7.00 S-00; cutters $4.506 00; canners ?3 004.00 choice feeder cows $5. 506. 50; fat bulls ?4.00(fr5.25; bologna bulls $4.00tfJ 35.00; veal calves $10 0012.00. Hogs Receipts 632; choice fat hogs 175 to 250 lbs, ?414.75: bulk of sales $14-14.50; feeders. $1012.50. Sheep Receipts 3869; choice lambs $15.00(51G.50; wethers $10.0012.00; fat ewes $S.0010.00; feeder lambs $12.50'H.OO. Arrivals. Roy Griffin, Rlrie, Ida., 1 load hogs; Roy Griffin, Rigby, Ida.. 1 load hogs; Larson and Lind. Logan. Utah, 1 load Cfttle; E. Chicorp, Cal., 2 loads lambs; J. IT. Nelson, Kingston, Cal.. 2 loads horses and mules; Union Sheep company, com-pany, .Molina. Cal., 1 load lambs; Union Sheep company, Pittsburg, Cal., 3 loads lambs; C. Johnson, Elmira, Cal., 7 loads lambs; M. Whltworth, Bancroft. Ida., 1 load hogs; Hunsaker Commission Co., South Omaha, 3 loads hogs. CHICAGO LIVESTOCK. CHICAGO. May 12. (United States Bureau of Markets) Cattle Receipts 15,000; medium and best and light" medium, me-dium, weight steers strong to 15c higher; other cattle mostly steady; bulls and light calves slow; bulk beef steers $11.5013.00; bulk fat cows andheifers $S.5011.75; canners j largely $4.755.75; bologna bulls' $S.00S.60; best vealers $12.50 13.00; medium and light around $11.00. Hogs Receipts 20,000; market steady to 15c higher: mnvK-ef strong light weight advancing most; bulk I lights ?15. 0015. 15; lop $15.25; bulk 250 pounds and over $14.0014.75; pigs 25 to 50c lower, with bulk $13.25 13.75. Sheep Receipts C000; market slow; opened 25c lower; prime handvweight shorn lambs ?1S 75; choice shorn wethers late last night $13.25; choice shorn owes $12.50. OMAHA LIVESTOCK. OMAHA. Neb., May 12. (United States Bureau of Markets.) Hogs I Receipts 11,000; market steadv to strong; top $14.30; bulk of sales "$13 25(5-14.00. Cattle Receipts 50Q0; beef steers 1525c higher; bulk of sales $12.00 13.00; she-stock steady; bulk of sales $9.00(511.00; stockers and feeders feed-ers steady. Sheep Receipts 10,000; lambs 35 (Q) 50c lower; best wooled $19.75; clipped clip-ped $16.7517.75; sheep and feeders lower. BUTTER AND EGGS. CHICAGO, May 12. Butter lower; creamery 4456 Vfcc, Eggs lower; receipts 22,567 cases; firsts 40V-:'5;41c; ordinary firsts 37 38c; at mark, cases Included, 3S((p40c. Poultry alive unchanged. POTATOES. CHICAGO, May 12. Potatoes steady; receipts 11 cars; northern white sacked and bulk $5.257.50; ! Canadian $5 ,50fj;6.40; new weaker; I Florida barrels No. 1 $15.50; No. 2 j $13.00; Texas triumphs $9-00 cwt. NEW YORK STOCK LIST. Allis-Chalniers 34 , American Beet Sugar 93 American Can 40 American Car & Foundry 130 J American Hide Leather pfd. ... 93 Vi American Locomotive 92 American Smelting & Ref'g 5S American Sugar 1302 American Sumatra Tobacco'.. 89 't American T. &. T 94 Anaconda Copper 55 Atchison 79 All. Gulf & W. Indies 164 Baldwin Locomotive 115 Baltimore & Ohio 33 I Bethlehem Steel "13" 91 Canadian Pacific 116Tfc Central Leather 68 , Chesapeako & Ohio 51- ' Chicago, Mil. and St. Paul 33- J Chicago. R. I. & Pac 4. . 33 M 1 Colorado Fuel & Iron , . 34 i Corn Products 92V Crucible Steel '. 136-I Cuba Cane Sugar 51J' EiTe 12 General Electric ,.1114 General Motors (new) 277 Goodrich Co G0r?i Great Northern- pfd . . . 73 Great Northern Ore Ctfs. ...... 35 Illinois Central S6 Inspiration Copper 51 Int. Mer, Marine pfd S3 International Paper . 70 Kennecott Copper 27 , Louisville & Nashville"'. " 101 V Maxwell Motors 24 Mexican Petroleum 1S1 Miami Copper 211- Midvale Steel 13 " 'Missouri Pacific 24 i New York Central G8J.t 'N. Y.. N. II. tc Hartford 2SVH Norfolk & Western 90S (Northern Pacific 73 J Ohio Cities Gas IOJ-j I Pennsylvania 39 People's Gas 31 j Pittsburg and West Va 29"u Ray Consolidated Copper I7ji Reading si Rep. Iron & Steel 92 Sinclair Oil & Refining 34-14 Southern Pacific : 94 Vt Southern Railway 21 Sludebaker Corporation 71 V4. Tennessee Copper 101- Texas Co is Tobacco Products ' 03 Union Pacific 116 United Cigar Stores 115 U. U. Ind. Alcohol 83 United Slates Rubber !)3 United States Steel 934 Utah Copper G7S Westinghouso Electric 4SVg Willys-Overland isvf American Zinc. Lead and Sm. ... 15"j Butte and Superior 22 .'Cala. Petroleum 30 C Montana Power G1M Shattuck Arizona 9 American Inter. Corpn 96 Royal Dutch 118 Texas & Pac .n Standard Oil Pfd 104"-., CHICAGO QUOTATIONS. CHICAGO, May 12. Open High Low Close Corn May ' $1.95 1.97 1.95 1.97 July 1.7514 1.7SK 1.75 1 77 V4 Sept. .1.62 I.60 1.62 J. 1 64 Oats-July Oats-July .93 .94Vi .93 .93 Sept. .77 ..7Stf .76 .76 ra Pork May .... 36 40 Jul-V .... 37 10 Lard July 21.70 22.05 21.70 21 95 Sept 22. S2 2 17 '"' 7 Ribs-July Ribs-July 19.20 19.42 19.20 19 35 ScpL .... 20.17 19.97 20 10 CASH SALES. I CHICAGO, May 12. Wheat No. 2M northern spring $3.35. H Corn No. 2 mixed $2.12; No 2 yel-H low $2.122.13. M Oats No. 2 white ?1.151.16: No. 3 white $1.131.15. fl 1 Barley $1.651.90. Timothy seed" $10.0011.50. Clover seed $25.0035.00. Pork nominal. " ! Lard $21.10. Ribs ?18.0019.0G. MONEY MARKET. NEW YORK. May 12. Mercantile paper 7 per cent. Exchange irregular; sterling 60 dav bills $3.7S7s; commercial 60 dav bill's on banks $3.7S; commercial 60 dav bills $3.7S; demand $3. S3; cables ?3.S394. ! Francs: Demand 15.12; cables 15.10. Belgian francs: Demand 14.22; cables ca-bles 14. 20. I Guilders: Demand .36; cables 1 .36. Lire: Demand 19.97; cables 19.95. Marks: Demand 2.00, cables 2.01. Government bonds easy; railroad bonds easy. Time loans strong; .unchanged. Call money easy; high 10 per cent; low S per cent; ruling rate S per cent; closing bid 10 per cent; offered at 10 pel- cent; last loan 10 per cent; bank acceptances G per cent. KANSAS (CITY LIVESTOCK KANSAS CITY, Mo., May 12. (United States Bureau of Markets.) Hogs Receipts 10,000; market strong to 10c higher, close weak; top $14.90; bulk lights and mediums $14.2514 -75; bulk heavies $13.7514.35. Cattle Receipts 4100; beef steers steady to strong; top yearling's $14.00; best heavies $13. SO; Colorado 'pulpers $13.15; she-stock steady to 25c |