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Show LIGHT TRADING li N.f STOCKS jNloderate Selling With Small Losses Takes Majority of Session NEW YORK, May 7. Sentiment among traders was evidently divided at the opening of today's stock market, mar-ket, Initial transactions resulting In a mixture of gains and losses. Moderate Mod-erate selling was probably induced by the report of the local reserve bank urging further contraction of credits. Oils, excepting Texas company, made substantial gains with secondary steels and motors, but rails were irregular with shippings and textiles." Trading was light and again limited to the professional element. Firmness was shown by foreign exchange in the preliminary pre-liminary quotations. Prices yielded In all directions before, be-fore, the end of the first hour. Steels, equipments and oils were again the center of attack, sharp reactions also occurring in shippings and motor accessories. ac-cessories. Crucible Steel reacted six points and allied issues 1 to 3. Mexi-I can Oils were especially weak on lat-i est news from that country, Mexican I nnd Pan-American Petroleums falllngi five to three points respectively, butl the European oils resisted selling! pressure. The setback extended to high grade rails, but losses in that group were comparatively small. Mod erate recoveries sei in ooioro noon, moi seven per cent money rate making the shorts more cautious. Trading wa3 dull during the noon hour except for an irregular spurt in low-priced rails. Publication of the wage survey submitted by the railroad labor organizations was without effect on transportation shares. Call money held at opening quotations on light demand. OGDEN LIVESTOCK MARKET Cattle Receipts none; choice heavy sleers, $10.0010.75; good steers, $0.00 ? 10.00; fair steers. $7.50S.50; choice feeder steers. $7.00(5)8.50; choice cows and heifers, $S.00f)9.OU; fair to good cows and heifers, $7.00 (i?) S 00 ; cutters, $4.50 6.00 ; banners, ban-ners, $3.00 4.00; choice feeder cows, $5.50C"6.50; fat bulls, $5,00 5.25 ; bologna bo-logna bulls. $4.005.00; veal -calves, $10.0012.00. Hogs Receipts 943; choice fat Jiogs 175 to 250 lbs., f 14.00 0 14.75; bulk of; sales, $14.0014.50; feeders. $10.00! 12.50. Sheeji Receipts 7613; choice lambs' $15.00(5)16.50; wethers, $10.0012.00; fat ewes, $8.0010.00; feeder lambs, $12.50014.00. Arrivals Henline and Arbucklc, Hhclton, Neb.. 3 carloads hogs; Hen-line Hen-line and Arbuckle. Sumner, Neb., 3 loads hogs; Henline and Arbucklc, Ruda, Neb., 1 load hogs; Owen Mason company, Rlrie. Ida., 2 loads hogs; Owen Mason company, Rjgby, Ida., II load hogs; Union Lan I and Cattle company, Maxwell. Cal. 3 loads lambs; 1 Union Land and Cattle company,- Col-j iisoa, Cal., 2 loads lambs; Pedro Ero.l Cal.. 3 loads lambs; H. B. Barnett and company, Willow. Cal.. 10 loads lambs; H 13. Barnett and company, Fruto, Cal., 6 loads lambs. CHICAGO LIVESTOCK. CHICAGO. May 7. (United States Bureau of Markets) Cattle Receipts 10,000; supply largely beef steers; trade slow on all kinds; beef and butcher stock with bids unevenue lower; low-er; few early sales; medium she stock to small killers and yard traders about steady; good and choice heavy cows and boogna bulls 15c to 75c lower than week's high level; calves steady with Thursday's close; bulk ?12.0012.50; stockers unchanged. Hogs Receipts 30,000; market un-oven un-oven 10c to 25c lower than yesterday's average; lop $15.35; bulk light $15.00 15.25; bulk 250 pounds and over $13.75 14.50; pigs steady; bulk $13.75 014.75. . 9 Sheep Receipts S.000; market strong to 25c higher; .prime shorn lambs $19.10; bulk shorn $1S.7519.10 Kentucky spring lambs $20.00; good shearing lambs $20.00. CHICAGO GRAIN. CHICAGO, May 7. Trading in corn and oats were very light at the start today, both markets being sensitive to commission houso buying or selling. The market was easily Influenced, the sentiment in many quarters, being bearish. The transportation situation was understood to be a factor for this movement. Opening prices of corn ranged from ic to c icwerwith July $1.7.1 A to 1.7194 and September $1.62 to $1.62 if.. Tue downward tendency was soon checked and there was a rally on scattering buying, with May leading the upturn. Oats were dull and about steady at yesterday's close. Tb': condition, however, was short lived, as the market mar-ket after opening unchanged to c higher, on the range, showed an inclination incli-nation to advance. July started unchanged un-changed to YaC higher at 92 c to 93c and soon touched 93c, a' new high figure for the crop. Provisions wore slightly firmer. NEW YORK SILVER. NEW YORK, May 7. Bar silver $1.02 V4 Mexican dollars 7Sc. NEW YORK STOCK LIST. Allls-Chalmers 35 American Beet Sugar 95 American Can ... "11 American Car & Foundry 132 American Hide Leather pfd 99 American Smelting & Ref'g 60 American Sugar 130 American Sumatra Tobacco 90 American T. &, T : 94 Anaconda Copper 57 Atchison . . . ' SO All. Gulf & W. Indies 171 Baldwin Locomotive ..115 Baltimore & Ohio 331, Bethlehem Steel "B" 94 V Canadian Pacific 117 VI Cojitral Leather 73 Chesapeake & Ohio 52 Chicago, Mil and St Paul 34 y Chicago. R. I. & Pac: 33 Chino Copper 32 V4 Colorado Fuel & Iron 35 Corn Products 97 Crucible Steel 13S Cuba Cane Sugar 51 Erie 12 General Electric 14H. General Motors .. 30 Goodrich Co ' . . . 62 Grent Northern pfd 7U'S Great Northern Ore Ctfs 36 Vi Illinois Central (ex. div.) -S5i Inspiration Copper 53 Int Mer. Marine pfd 85Jt International Paper 72Vt jKenne.cott Copper 27 l 1 Louisville & Nashville 100 i Maxwell Motors 25V. 'Mexican Petroleum 177v Miami Copper .' . ... 22 'Midvale Steel 41 Missouri Pacific 24 New York Central 70 N. Y., N. H., & Hartford 29 4 Norfolk & Western 91'i Northern Pacific 75 Ohio Cities Gas 40 Pennsylvania ... 40 People's Gas ; 33 Pittsburg and West Va. . . ; 31 I Ray Consolidated Copper 17 Reading $5 Rep. Iron & Steel 95'o Sinclair Oil Refining 36Vs Southern Pacific 95 Southern Railway 22 Studebaker Corp" S0 Tennessee Copper . n Texas Co. ... ! ; 48 Tobacco Products . . 66 Union Pacific 11S United Cigar Stores 315 U. U. Intl. Alcohol S5 United States Rubber 98 United States Steel ' .... 95 Ulah Copper 69 Westinghouse Electric 28 Willys-Overland 19 American Zinc, Lead and Sm. ... 16 Butte and Superior 24 Cala, Petroleum ... .'. 32 Montana Power 62 Shattuck Arizona . .-. ... .- 9 American" Inter. Corp 90 Royal Dutch , ...116 Texas & Pac 42 Standard Oil pfd 105 CHICAGO QUOTATIONS. CHICAGO, May 7. . Open High Low Close Corn May $1.SS 1.05' l.SS 1.01 July 1.71 1.74 1.71 Vi 1.72 Sept. 1.62 l.G4 1.61 l.fi3 Oats July. .02 .04 .02, .03 Sept. .77 ,7S .77 .77 Pork May 35.00 36.0.0 ,35.00 36.00 July 3C.C0 3C.05 36.69 36. SO Lard-July Lard-July 21.15 21.30 21.12 21.20 Sept. 22.00 '22.10 21.02 21.00 Ribs July 1S.S5 IS. 97 1S.S0 IS. 02 Sept. 15.50 10.55 10.50 10.50 CHICAGO G It A IN. CHICAGO, May 7. Wheat No. 2 hard yellow $3.00. Corn No. 3 mixed $2.00; No. 2 yellow yel-low $2. 03 Iff' 2. 05 I Oats No. 2 white $1.14(5)1.16; No. 3 white $1.12)1.14. Rye No. 2 ?2.1S 2.20 Barley ?1 .G0fffU.S4. Timothy seed $10. 00 11 .50. Clover seed $25.00(5' 35.0. Pork nominal. Lard $20.4 0. Ribs $17. 50 IS. GO. METAL MARKET. NEW WORK. May 7. Copper and iron unchangod. Tin. spot. $5S.OO; May-July, $57.23. .Antimony 10.12c. Lead steady; spot 0.00c asked; May S.G2c bid. Zinc steady. East St. Louis May-! June 7 . 75 (i?7 . Soc. j At London: Spot copper 101 2s I 6d; electrolytic 102; tin 314; lead 3G; 'inc 45 5s. MONEY MARKET. . NEW YORK, May 7. Mercantile paper 7 per cent. Exchange irregular; sterling 60 day bills $3.79; commercial 60 day bills Jon banks .$3.79; commercial 60 day .bills $3.79; deamnd $3.85; cables $3.84, France, demand 15.96; cables 15.91. Belgian francs, demand, 14.92; cables ca-bles 14.90. . Guilders, demand .35 5-16; cablesi .35 7-16. ' Lire, demand, 20"44: cables 20.42. Marks, demand. 1.91; cables 1.92. Government bonds firm; railroad bonds steady. Time loans strong; all dates 6. per cent. Call money easy; high and low 7 per cent; bank acceptances 6 per cent. KANSAS CITY LIVESTOCK. KANSAS CITY, Mo.. May 7 United States Bureau of Markets) Hogs I Receipts 1,500; market steady; top' $14.65; bulk lights and mediums $14.00 (5)14.65; bulk heavies $13.5014.75. 1 Cattie Receipts 7.500; market gen-erally gen-erally steady to 5c higher; top steers I $12.50; sales of stock $4.0012.00; 'packer lop on vealer3 $11.50; feeders dull. Sheep Recoipts 2,500; Arizona spring lambs 25c higher at $19.25; no sheep offered; Texas goats arriving late to killers $8.00. POTATOES. CHICAGO, May 7. Potatoes firm; receipts 36 cars; northern and Canadian Canad-ian round white sacked and bulk $7.25 7.50; Minnesota Red River Ohios.i $8.15. New York: Florida Spaulding' Rose No. 1 $16.00 per barrel; No. 2 $13.00 per barrel. LIBERTY BONDS. NEW YORK. May 7. Final prices on Liberty bonds today were: 3's 91.90; first 4's S5.90; second 4's 85.10; first 4's S6.68; second 4's So.22; third 4s S9. 06; fourth 4's 85.70; Victory 3's 96.00; Victory 4's 96.01. BUTTER AND EGGS. CHICAGO, May 7. Butter steady; creamery 47c59c. Eggs unchanged; receipts 25.172 cases. Poultry unchanged. LONDON RATES LONDON, May 7. Bar Silver 60d per ounce. Money 4 per cent. Discount rates: Short 6 per cent; three months 6 11-16 per cent. AT MINNEAPOLIS. MINNEAPOLIS, May 7. Flour unchanged. un-changed. , Bran $53.00. NEW YORK SUGAR NEW YORK. May 7. Raw sugar firm; centrifugal 19.56c; refined firm; fine granulated 18 5023 00c. |