Show i financial and Commercial 1 SHORTS IN STEEL SUFFER REVERSE I Orders Are J Large Stop-Loss Stop Uncovered by the Advance Advance Ad Ad- vance in Prices k BULLS DOMINATE MARKET Street Anticipates Court Ruling Ruling Rul Rul- Wall Wan Cour Ru- Ru Favorable Favorable Fa Pa- Tobacco Reorganization Reorganisation ing ig on to Stockholders BY THO THOMAS AS C. C SHOTWELL Re Herald By Special Wire to The publican News From Service International New ew York Nov 6 New G.-New New high records York for tor the movement were made today todY In Inal Reading all of ot the leading lending stocks Union al Pacific and Steel were wore the most Issues Issue of ot number active and Ind a larger weeks Brokers was traded In than for tor l demand for tor f also reported some Bore public s securities particularly from cash buy buy- ers en preceded by a The movement was as he of ot hesitation in Iii tho the early carly trading trad- trad tad tad- period periC the active ing Irig when a majority of or ng close r stocks sagged below Saturdays Saturday's of or large that owners assumed Jt It was I amounts amounts wa of ot stocks vero taking recent rise to reduce their of at the P. P tago taSe r The short interest was wa reported to with serious reverses Largo Large have met i orders In United states v Steel have been uncovered by bythe bythe bythe the advance and the thc attack atack on the j bears was carried on again wI with th success success suc- suc r cess cess t today day The Tho Northwestern railroads rail rall- ral- ral of or t l. l roads were wera conspicuous points strength Perhaps the most important expectation expect a- a ence In today's market was of oC announcement from tram the tion an United ton States circuit court regarding r. r the American Tobacco plan Some Soma of oC tb the largest houses had received Information matlon mation on Saturday that this announcement announcement announcement announce announce- ment would be made on Monday londa butI but I it has been withheld for tor several days tl V possibly his because tomorrow Is a public markets of ot the I holiday with the stock wih United hOJda States closed and those In Europe Europe Eu- Eu rope ropo open The These e court cour announcements are so Important from a stock market I point o ot view that even e the sup supreme ere court In announcing the oil 01 and toI tobacco to tobacco to- to bacco decision departed from custom so far tar as to recognize the existence I of ot the stock a market and made the tho an announcements announcements an- an after the close e of at trading Tile The same samo practice was vas co followed b by the tha the government in announcing tho the suit the the- the steel steel corporation It is now ow against I r the I generally 1 that the tho court h will adopt a plan entirely Y pleasIng to the insiders o or of the American Tobacco company Another r influence was as the report that the Reading company and the Lehigh Valley would distribute their did some somo assetH asset H just as Lackawanna months ago This report has been current current current cur cur- cur cur- rent so bO many times and the discretionary pool department o of the thc First National bank has made so much money out of ot f It th that t people general generally nay ay little lite attention to It I any n e more This fay are circumstances t that it Justify a. a belief belet that something Is really going to happen Now that steel has crossed 60 Union Pacific acle and ReadIng Heading has had an upward movement of nearl nearly 15 points the thc predictions of or the Morgan brokers made more than a week a ago o. o have havo been fulfilled ll to the tl figure ure There Is Js a fascination fascination fas fas- about advancing ad prices that catches the the ther r public Imagination The L hypnotic Influence of the rise has caused man many persons person to buy stocks who believed ed belc and who really believe c yet ret that fundamental conditions are not Improved I Those that arc are weakening and are arc going over to th the bull buH side of o the thc market market mar mar- ket tiet are consoling themselves with the feeling that perhaps it I was Europe that upset the American market after all As a matter of fact tact the decline In In- American stocks be began an when the Moroccan situation became alarming and the thc advance h began an when hen that situation situ situ- siu- siu aton wan wa definitely adjusted It I is Ia isalo al alo abo o a fact that Europ Europe sold sole a rot bulk of ot stocks that broke the market ard these stocks storks had unusual Influence ence because the real certificates came cam out nut ut and had to be bc taken rare are of ot Th Tho bulls buls aruo arJo that everybody know that corporations were going to be attacked tacked an hot an vh n r T. r R I New Tork York No Nov Nor 6 S. nol ew copper r. r Iol t t Spot UL m O December DI De te- cember January SU 95 11 1215 lt Feb Feh mary c. c London sternly Spot 5 K f IS ISs Ss d 5 M 1 Us Es M. M re reported rp ported nt New York today toray Its tons Custom Louise returns return show bow exports r oC nf r ton tons to EO tar far month Lake copper 12 1 else else- castler c SI lY 1 Tin firm fl but quiet Spot No- No o. o r On C. i 73 Th December 75 U. U January 75 1 ni London steady Spot Snot 1 I 3 is Ed l futures JUG UG 10 Its ra Vad quiet JiGS SO O New rw York Tork Kot Jt St tt t. t Louis London lollon Jl CU 18 Gd Sd a. a S Speller Spelter quiet 0 Now New York I East KaU t St St. 81 lul London lr Its Antimony quiet t Iron Cleveland warrant Ate tJ Cd 1 d In London Locally 1 Iron e-a e WAS M quiet t. t No o. o 1 foundry northern rn l ISS No Xo 2 H 71 O s No 1 foundry anI and No ln l 1 southern soft sott l TOCK STOCK S. S ISIt it 1 I I. I I CI 11 Cb Chalmers pta J 69 N t. t Co wI 1 Agricultural 10 tI l 51 1 OI n ct 7 I SUI Can ln i 12 III 14 1 rM l CU ur i. i to t Z U American Cotton Coton Oil 01 10 H 45 43 4 Amer Ilium ItO 1 merican lc Ice ICI Wi 9 Io e 21 0 American Smelting Ret C Re Jy 6 10 G d. d 2300 lS 17 rl lei l. l k Tel io l IO 1 17 Am pfd pM 53 3 s O 9 Co C. C Atchison i. i 1 ioa lr Atlantic Coast Coul LIne 1 1 irs 1 c Ohio OO 70 i 1 Bethlehem 60 IO 3 Ti brooklyn Transit tuaI O if 4 76 s 0 n 2 n H 41 Leather ler 21 1 21 21 m Preferred C 2 91 Central of oC Sew New Jersey Jl Y Ohio Ohio 3 74 73 73 I titon Alon 7 25 o Great 1 1 31 Chicago 1100 1454 15 15 IS o. o Mu sit t. t aul S SOO 1114 J C. C C. C C. C C 11 St. St lI 1 lC 10 69 Colorado tuel Iron ItO 11 21 2 j 26 Southern 49 9 ti lel GM Gas 2 Corn Products liO In 16 10 10 10 D Delaware la WAe k it hudson Jun 1 Denver Rio Orne 24 H t J I Preferred 2 43 3 49 4 48 43 Distillers Securities so n 4 oj i I Distler Erie Erlo 3 33 3 First preferred m 4 64 6 Second preferred h. h S 4 45 45 4 I. I I General l Electric 20 1 IM Crest Northern 12 12 Northern Ore tO 0 42 4 H 41 Illinois Central r HO lO 1 15 1 l 15 6 46 46 International lOSt IO IO Marine Inter W 1 i 15 lr 1 15 International lAper 9 International 50 2 29 louts Iowa 2900 29 1 Kansas City CUy Southern I e 66 l ft Laclede Gas GaA lU wt 19 t Minneapolis St St. t. t Louts Lull 3 Mien nn lIt St P. P S. S S. S M. M t iC HI 1 13 18 s Misouri Kansas 5 Tex Texas s. s 1000 10 3 32 I. I 6 Pacific io 4 n 41 National Biscuit liO 13 1 1134 National atonal o 49 9 S Nat at Rys ot d pfd 34 Nc Nc York lOS 10 10 S. S 3 T. T Ontario Western 1700 S' S 40 5 lr lOi North Northern l 10 lS Pacific Malt 31 3 30 i ZOI t I I G Gas 00 0 10 1 10 leple P. P c. c C. C 1 St St. Louis Luis C Coal IE Pr ed Steel Cal C r. r 31 1 H. H m. m Pullman 10 I 15 ti Railway teel 9 1 14 Steel Steel 0 21 1 21 I 21 1 tOO 10 SO 50 79 j I u flock nok Island Co 25 1 26 GI e. e t 50 O 04 r. r ro roSi St Si I. I I. I t San Fran FrD 24 d 0 01 41 1 n I St Louuis n 71 Sloss Iron 10 H 41 41 4 Southern iC 13 1 13 iIO 50 I I n 3 O jl 71 1 1 Copper 10 56 36 56 i 6 6 16 Texas 10 25 25 m Toledo o. o St. St Louis West 0 19 19 I 19 19 1945 Luls 45 43 41 4 Union P Pacific 6 li tS liO 1 92 92 1 U. U S. S Realty iO 70 11 1 i. i 1 44 44 H 44 HU U S. S i 60 60 Preferred dividend er-dividend 40 lOS IO l Utah Cp Copper r u 46 45 S 4 41 C o 45 43 S 4 Wabash 1 Preferred 25 25 25 Western eltern Maryland tOO 65 r 63 55 4 Westinghouse bouse Electric P fM C i 65 5 ES 5 Western Union 79 75 7 7 Wheeling lAke ErIc 6 4 Lehigh bl b el liO lO Total sales le for the day lay shares OF THE TiE W Nov 01 At G.-A G. t t the beginning of losi- losi o nea tO l the tt of tb the United States treasury ur was nl Working balance In offices 4 In yanks and t treasury Total balance In general fund Saturday Ill G O Deficit to late this fiscal year O. O Deficit at tW hwe last lut year clr These fl figures rN exclude sod ADd public debt transactions w MONEt IO EY MARKET RI New ew York Nor o Money Ioney on call 2 per cent ruling rate 2 2 per cent c closing in bid bil 2 l per r c cent nt offered at t 2 ier er cent cent Tine lc loans sisty days snI ninety I days 3 cent six sir months 3 cent 3 r per r i I per mercantile paper 4 per cent exchange firm wIth actual bUl I nt I in 10 bills bis ot at for day bill bi and nd at 1437 57 fr for demand I II bills II nur u cr Mexican dollars Go bonds firm Railroad bonds firm LIVESTOCK Chicago Nov OT 6 f. C marLet market mar mar- lU- lU Let ket steady sti Dee tS Texas reas tt steers ers r. r SUO western steers 13 and ond feeders fee er cows and aud nul Loiters 1 O 61 calve 55 f lo Receipts liege estimated at 11 market Cc Sc CC higher LI Light ht G. G i l f beav heavy 5 6 rum O Rood good od to choice choie heavy GOiG Oi pigs bulk bul of tales estimated at market O l ice ite lower Native 40 west western r. r J o n yearlings 70 10 t lambs native western 5 Kansa Klu City Nov NOT 01 6 Cattle 10 Including 2000 0 market steady to shade lower Native native Ite steers rl cows nail heifers stocker and 11 feed feed- 15 J i bulls buls nO 4 M 50 1000 7 western tem steers teer western co COWS s. s s SUIo 75 Hoffs lo 90 market strong to Be Se D higher nUll of oC sales ale lex t heavy Gf I 25 packers and botchers light pW 50 GJ pi y p 3 fOG heep- heep 10 market t steady int- int nt tons lonn to lambs Jl oCl range aud yearlings s 13 S range ranco ewes C 20 Omaha 10 Nor C. C G. G. Cattle Gc marLet market mar mar- ket Let steady Natle ot c steers Ui eow ow sni leUr v western ter SteeN t Uj ranse cows ard heifers 10 canners UiS 13 SO 80 0 steers and Dod feeder 32 GM calves 30 e bull bulls bull eta stags s. s etc itc U. U lo Receipts O market mariet 5 5 y 61 mixed G. G Ga 6 pIgs 4 bulk hulk of oC cabs uh n Sheep 30 2500 market steady car Un Uns ewes 30 lambs lamb 4 XU EGG EGGS Elgin Ill 11 soY NOT OT JIrm I. at nt 3 c. c an advance of ot c. c Output t jr p- p 1111 iuda New Now York Nov NOT OT G. G Steady G. G. Butter Steady creamer e extras Z 29 l f itc c firsts fI 8 seconds r c state dairy tubs finest tlc good od to prime 27 26 c i dar common turlon to fair Cheri e Itt state whole milk mik September r and earlier specials 1 lie It do lo average fancy 14 1 c tate state whole milk mik country make special I 1 e do l average fairy ay H c daisies September earlier best U Firm Eggs fresh extra Yc extra firsts 2 lc fresh h J gathered rel lb firsts do 10 6 2 refrigerator first frt sean storage pa paid fald Iv firsts on l dock dek k Ci seconds torje In loal local Morale seconds second on 00 dock Ck lB IS e and state i. i j. near near-by hennery white fancy large new laid 5 do sin selected whites fair to tl good 40 Western gathered fathered whites 20 lIe Nov OT 6 S. S. nuter Steady tr creameries 1 dairies 1 I s cne cue firm at mark cases CAU Included 1 firsts lc prime primo a firsts 25 Cheese Stealy Steady daisies U U e twins 14 1 H e young Americas c c long tong horns H V U U n FUn FOR COTTON COTO Washington toD Nov OT C. C Estimates Estimate G. by br American consuls throughout the lie world orl of ot the tho of pound WO-pound bales ot of cotton coton required to tn supply for sign countries l. l except pt Italy iAly and ond Inland for Cor manufacturing before September 1 I 1 1912 1012 1 placed the tlc number at nl GRAIN GRUN A AND D P PROVISIONS O ISIO S. S BY JOS JOSEPH PH F. F PRITCHARD In thy iBy Special Wire to Tho The Herald Re publican Prom Irom International Nev's News Service Chicago Nov O 6 New New low prices were ere reached In the wheat wheat market to toda today to- to da day and while prices showed losses of ot 1 1 i lower there thera were reactions and ance ad advances of i ic c from thc the bottom There was heavy soiling by the longs longa In the market market market-In in fact tact they led this movement throughout the entire ses ses- sion Mon Their brokers however while r per per- or in sales offering and effecting sales were cautious a a it was wag their desire to attract as little lite attention as pos pos- sible sibie B Besides the thc selling of ot these big bh people many others were on tho the selling or of the continued rumor rumors to to lh the co action in tK acton against the holders of of- the cash wheat In n tins this marlc market t. t The Tho buying was mainI maln- maln I ii I- I on commission Wl house account and andI I tile 11 ft order f 41 wore were ot of the resting doThe de- de The market was In the tho hands of ot the bears until fis from tile the opening P ni r of ot the session the close and there thero was no one Jn In the trade who cared caret to make e a stand in favor or fa of ot tho the bull bul side The fact tact that the new corn Is being consigned to th the Chicago market markot In large quantities overbalanced all al else In tile the Wa way of ot a it factor toda today It was wa ex expected expected ox- ox that the wet weather which covered CO part of or tho corn belt coupled wih with l lighter receipts than expected and firmer cables would send prices considerably considerably con con- higher for the day but when It became known that the actual corn has commenced to move In earnest I many man of or those who were lon long lona In moderate moderate moderate ate sized amounts became free tree sellers and the thc lowest prices of ot tho the day were seen at the tile close There wore were not de declines declines de- de clines of or f f Jc be lra Fractional losses were ere made in oats and resting res Un spots pots were the lowest of or orthe the thc da day There was a stronger finish in the provision pro market because of ot the smaller small small- smal- smal er or hog hoS run than expected at Chicago and the advance of 5 6 cents in prices at atthe atthe atthe the yards ards J Loading Leading o futures rAn ranged el as a follows v i I Opening I Lowest I Closing Dec Wt 53 i 92 May l HH I 10 LOOK 99 ln July 1 9 95 94 94 CUl CORN CORN- t. t Lowest L I Closing Bec G 65 62 62 53 May nr GH IG U 64 63 G 4 1 G IG July G 6 63 6 Lowest I Closing 1 Dec 46 May Ia 4 49 19 4 49 9 49 19 CH July f UG 46 HS 4 MESS r Pt-r barrel t. t Lea Ix I Closing Jan Jno an lG 1625 1625 1607 I 1612 May D 1 1650 I 1660 1650 I 1 1645 IUS LAUD r i LAlL ivr 10 pounds pound Lowest I Clo Closing ID Tan Jan 95 95 9 9 May II I 94 I 9 I I 94 r SHOUT HB ier ler Per ICO 10 p pounds IOp Opening Invest I Closing Jan an I. I S 8 52 S S 8 37 t May Ia I SW 1 Sil SH I 8 O Cast Cash quotations were as follows u olo Flour Vea Ilour k Ilyo o. Xo 2 2 Ole l' l Feed Ke d 1 or r mixing fair to choice malting Timothy Seed Seed Clon r l 1400 J 2000 o. o lies MCM II I Pork Per Pork Per barrel 1162 IG Lard Per Irr Per 10 pounds Short RI Ribs Sides Ribs s Sides Io loose e 2 onu STATISTICS Total clearances S of oC wheat and flour were equal lu t 1 o 61 bushels bushel Primary receipts were were 1 1549 O M bushels bushel compared with wih 0 bushels the the The of corresponding day a I year ear ago ag amount breadstuff cu on ocean passage Increased bushels Estimated re receipts tor for lomoro tomorrow Wheat Whet ICS 14 cars car corn corD cars care oats ot 1ST cars can hop hogs O beal head bead NEW NE XE YORK GRAIN GRIX New SeW York Nov OT 6 Flour Quiet Flour Quiet t usler Kan- Kan sag sac 11 |