OCR Text |
Show WNuTSJUHETS ABRUPT RECOVERY IN THE STOCK MARKET New York. May 4. Early prices of Americans in Ixmdou showed violent recoveries from the closing' here yas-terday yas-terday and opening prices In New York showed conslusive rebounds in sympathy. The Drinclnnl unmilntivo iaans such as United States Steel. Union Pacific, and Reading showed wide quotations quo-tations in running sales. Southern .Pacific rose. Jl hZ. -Reading. 2 1-2; i Northern Pacific, Union Pacific, nnd Oreat Northern preferred, 1 12. United Unit-ed States .Steel. 1 3-8, and the active act-ive list generally from a large fraction to a, point. . profit taking sales held the market In. check for a while, American Smelting Smelt-ing losing Its rise of a point and other leaders a fraction. ... . , j Brl6k buying then, developed In the grain' carriers aod the whole market J moved, up to above opening figures. Trnrflnir lisKamn fr-tAtt))- no prices advanced. Amalgamated Copper Cop-per rose 1 1 2. 1 I A violent decline In foreign exchange ex-change rates gave ' color to reports that large blocks of new railroad bonds . had been sold to foreigners. Rumors placed the amount at more than $100,000,000. Money rates Ixndon were easier and orders for stocks came from that center. Tho abrupt recovery In stocks-was attributed attrib-uted largely to these causes. Thc professional element viewed the recovery- with some suspicion, having In mind the failure yesterday of a similar rally to hold. Prices were shaded before noon. Bonds were firmer. Chicago Livestock. Chicago, May 4. Cattle Receipts estimated at 15,000; market steady; beeves $5.C0a8.2O; Texas steers $4.-COaG.10; $4.-COaG.10; western steers $4.80aC.70; stockerB and feeders $3.80a6.C0, cows and heifers -?2.70a7.20; calves at 8. BO. Hogs Receipts estimated at 15.000. Market 5c at 10c higher; light $9. 16a 9.45; mixed $9.10a9.50; heavy $9.10 aJl.50; rough $9.10a9.25; good to choice heavy 69.25a9.E0; pigs $8. 80a 9.40; bulk of sales J9.30a9.45. Sheep Receipts estimated at 12.000. Market steady: native $4.25a7.80: western $1.75a7.85; yearlings $7. 00a 8.15; lambs, native, $7.2Ra9.10; western west-ern $7.25a9.40. Omaha Livestock. Omaba. May 4 Cattle Receipts, 4.700; market steady; Native Hteers 5.75a7.75; cows nd heifers 3.50a6.75; western steers 3.50a7.00; cows and heifers 3 75a5.75; canners 2.75a4.50; stockers and feeders 3.50a6.75; calves 4.25a5.75; bulla, stags, etc. 3.75a6.25. Hogs Receipts 9,400; market Gc Mpher. Heavy 9.00a9.15; mixed 9.00a l9.05, light 8 80a9.10;' pigs 8.00aS.7S; bulk of sales, 8.95a9.l0. Sheep Receipts 5,700; market steady. Yearlings 7.50a8.00; wethers 7.25a7.8o; ewes 6 90a7.60; lambB 8.50a 9.25. . Chicago Produce. Chicago, May 4 Butter steady; creameries, 24a28; dairies 22a28. - Eggs Easy. At mark, cases Included. Includ-ed. 17al9; firsts 19; prime firsts 20. Cheese Steady. dalBles, 14 3-4al5. twins, 14al-2; voung - Americas, 14a 1-2; long horns" 14 l-2a3-4. Sugar and Coffee. NVw York, May 4 Sugar raw. firm; mlscovaod, 9 tost. .3.80; centrifugal, cen-trifugal, 96 test, '4T30;' roolases sugar, ' 89 test, 355. Refined steady. I CorfeSpon steady; No. 7 Rio, 8 1 3 8, No. 1 'Santos 59M- r- |