| Show t FINANCIAL AND COMMERCIAL I RISE IN STOCKS ENDS ABRUPTLY Market Becomes Weak I With Announcement of New Securities Issues Br fly Da Badger er 1113 If Wire New ev elV YorI York April 0 O. ibn 1 Toil iL h In itS Ita floan financial Jd review lay to-lay In ici till days day's news to tho m movement o of GC stock toc re- re Somo orao 0 of them were WUI such it as tin haT ben Ln en notably thc tho announcement that tho t SI St lul antI and th tb tho were In the tho mIll mar ket lIt for lor nf now t asU Inai of ot t tUn iun un nt Ct n R com 1 Io low Thui Thull th thA offers Iii II l J XO nc nerr k to at Bt l par lar ar lien It ita It bare Imre boTe ranged p tills till Car icar 1 between nod and 12 while th the St St. t Paul o general genri p. p 1 I per tr cent haYn ru 1 W and W I now aella i l fl 4 i per percents cents under r the Ille general 1 ll Un lIn n tt par fr the ot of the Ihn money market marlet la II larach rach as lIS to tl tl-c. tl n Ii lu In the tiu face tc of ot actual I Ia b a mn matter tr 0 of It flie news new newn wn n greeted by bv an ir decline running to 3 3 In nud anil to 1 to 2 points In cunic orne other r Gb chirM This OJ naturally nas waa by hI newn nowa that hat General hn hu hal to c th the latest plan of or Union l Pa a. a elf fur for disposing of ot 14 It Southern 1 Pacific Pa holdings a a o which In Ia unfortunate n not t at Dt all 11 a 11 final obstacle to tl the solution of ot tho Ihn problem Two TITO other tidally unchangeable Hem lIm In the days day's newa- newa aa In Increase of t In III country's hUe Irtle II cur cara fir bringing the ilic fortnightly l to the since heat July ami a a. Marcia March I output of inn n tI tons tona less leca II t than la in I I per Jay day were the result of temporary enera OC 8 Lost month TD Inundations In 10 n the th central west vest amply sufficient cause ca e for tor both phe rhe 11 When the blockade bJ arc Tc of ot the result should bo ho an both beth In ID nn an J In Iron production lorg larger r than would bare e b been liten n otherwise In lii other the Iho days day's derel- derel I. I c serre lint Anxiety ty the tho effect cUret of oC the tariff tl till bill on oa sentiment continued to abate and antI bo be markets were w-r distinctly t cheerful Thin Thia Till bay inny not nol unduly ls hate hare tc hail had to do with Ith the tro weekly tati of or the Dank Donk of Germany Ocr Ger runny many which sain In cn cob h 1 re- re uio sold alons with Jo cura curtailment curtailment curtail curtail- 1 reduction In ment ant and n nearly al OJ Q lion tion Tie Je b lAn l'An banka nc reserve Is ha now H nl al ale abets oTe e this thia date lat mit car while Its ita outStandIng notes are arc up UI only 47 ioro T ef wn was nl relatively little le demand for money from rm stock market t borrower jut but tho Inquiry from mercantile t WI sufficiently heavy heiy bey to show how that merchants generally ra 1 to t a greater creator extent than If is usual at leA season ar are a n. n clog cloR 10 their requirements through direct leans from their tel depository banks Instead of through b sales aies I of ot commercial paper Ordinarily the mercantile ers do J not secure advances advance from their own bonks banki lint until they have put out ou through other zIn banks their usual lual supply of oC paper c r. r Tick l I. I beu be- be 18 II u e by so 10 dolor they cannot hold hell on oni GO source of ot In reserve I in n c ca cae e of or emergency commercial reial p JP per r rl raten 10 1 r rule around Ih pi sent nl DI level Inri ot of 6 G per cent nt It I Is I a cos- cos mary Ic-mary fur for f larg borrowers to direct advances ad al- al vances from lr banks wHich hlll ar ar Dr Invariably available at Dt better terna than are Art quote to outside out out- Ide side lM iTo ern Such direct du Z borrowings by merchants reer- reer hoot chants hue have been an n Important factor of ot late Uto la lala la In la latho the tho money market here and ODd at tho ho 1 west t. t Ball ami ore are likely l to be he so leu loos as aa I lh the quotations quotas quota fo tot are Tha Tho Tb hanks banks here reported tOI tolay many fal uh request J. J and W were I a l ked tu rediscount paper for Institutions Lions I In U the south routh Uh ami arol w- w wt t Pt The Tho oi t ex- ex ch chance p market was a tI r than Iban jester jester- h heavy day liv- t and n owIng I the Jt t to Ia supply the tho of call e mousy money offerings ID vas J by naIn Tt- Tt rious institutions STOCK QUOTATIONS 1 n. n I L L I CI Amalgamated Copper 77 Am American 10 w ti M D rl n fleet zao f 34 l CD Can 1 es' es I 6 i l' l I 9 Amer ocr Clr 1 2 j G G nn Cotton Coton Of 01 C 41 47 American Ice Securities O 4 I 10 l 6 Am Amer r. r 1 4 73 70 71 11 Preferred ic IO 10 iti American Sugar u J RefinIng ZO lH i American T TI I. I l r Tobacco 1 24 Anaconda Co 30 33 IU Sj n io 3 10 Pi Atlantic Coart Coal lIoe 10 Jo baltImore I f Oh 10 3 lat i leDl St ei hel 40 36 3 I Transit Oll 11 11 Canadian 4 35 Z i Central Leather l 27 26 1 26 6 Chesapeake at k OhIo I 67 66 Chicago Great Wi 1 15 MII 11 r hit t. t l thI 1 o 4 2 0 13 IU FOCi 11 In 10 GI Gas IU Corn Products 13 11 U 6 11 n 11 ito nver Ic-nver JIb Ho 1 H 3 i Distillers Sa r 16 GAi Erie Eric 1 I I 1400 tO 31 i t I 30 let Ir tafU 14 11 1 47 46 hats 1 2 0 7 31 3 4 GI General ml 11 HO Crest Northern pfd 13 Great Northern orther ore 1 40 37 3 Central or lW 3 12 1 D Ho IS 3 1 i li 4 I 3 6 i 6 Harvester 1 l International a fl tl I 1 t IS PIr 1 J 10 10 2 10 Konus City 1 I 25 G Cn 10 1 7 Lehigh aC 1162 UI 1614 5 a 13 11 10 16 1 M. M 1 St. St I I. I 8 63 S. S 1 1 1 t IRn Kansas TeJ Texas 27 1 G U Missouri Pacific 39 BiscuIt i J h r ll i I n na l I Lead Rd 20 tl n 60 Wt r. r Nat It J lb a. a of oC Met IH Id 2 pM 7 60 24 t ew York lorl Central Cotra 1 lQ IO IOe e cw York Out Ont k f Weata 2 2 31 31 Western North 1 9 9 9 Pacific wJ 04 I PAcific Mall Mal 2 J 23 1 II 11 27 I IlnI Sj l' l U P U- U as n 13 1 1114 C. C Co 2 c t. t Louis Loui 6 56 G Coat Coal 61 20 2 Pre led Sicci Car Cal 1 0 25 23 2 i Cat Car 16 IiI 1 9 1011 I lG 36 II lion n St Steel l IJ S 26 21 24 f 4 Co 1 2 2 11 I I W St. St 1 5 an 24 1 pfd iO I 2 Air All Line Lint i 7 ral 10 60 43 43 i f-i 13 4 SinaI 25 uther hc PaCIfIC Iselo 11 Southern 27 26 i i 4 Ml CONI 0 3 U Teno Union PacifIc h 1 CI G 1 13 isis 1514 MII United nIL r o Z C 6 i Gi tI Units Units- 60 61 6 th f 1 tutu m li 11 i Copier 1 ItJi 64 SI iI Clas 10 37 31 31 17 25 8 0 3 3 3 m 3 4 10 Itta Western Maryland W UnIon o mo 0 6 i. i 6 6 rf Electric ia 61 65 tn k Lake I Erie 11 ot I I f tOt r tho t. t day shares Irel L U. XI t Verk Hk AprIl Irn Irm C JI t to 1 I Ir electrolytic 1550 16 lake 1 15 TI in 1 ot June 3 49 00 Ia t. t a I 40 blat II U S c. c olOn t Q hon and Ca oll r p-r arrival 6 65 thIs mouth Month n-loo n copper r. r steady I spot I t. t en 63 II futures 63 t. t GoI Local iC 1111 tin on lons tin tead f spOt ot Iv ia futures t JC ic J led lut J 1 0 1 cG Iron warrants 6 7 in 10 London ClIl N ANI pIU Butter creameries cs 13 IS young OUO 13 H long hems J fr Hf 2025 1101 rises t it mut gg raes ordinary li Q l j I I l AM AX i Chicago April I S. Str WAS Imparted to to wheat b a t l today o by bT coM cold w h wa raa 11 re reported to- to ported to ho bo to ft I 1101 K ODd and by 1 tau talk of oC 1 law large nc exports Tlc TIe net re wit a was II a gain Io I of Gr k S to c Com ma mite malt a net dulI of crt wai i to toli 1 Hi o oats tj were op N to Tic c arid ant wera S C to Q 20 hIgher Delay to t or of rr In the th northwest north north- west welt b of ur h. h had l weather ws laid laia to he herro rowed covered Ith wow snow growing KroA ln Tiara TUrco Ut are olt It If the lie plantIng U I. I M l in 10 II a perfect weather uther It was b b. b from flAw on 00 Willi oIo 10 to ty a 0 I for tor i summary showing that Kin op would wiM prot abl ably lo 11 a a. large buyer of or wheat ConCrete Con Con- Crete I support WILlI wal pl to thu sheet by II at that bal bad IC ld lm blI H or of wh wheat t tare re r. IJ I lo a t COQ two shy It a year ago Seaboard T of or wheat rind and flour Clour WO hell An taa active bull butt market In corn WM 1 the result ot of general ll wet wel weather IK t seemed to b e that field work ork would Dot only emir b bo 00 delayed but that marketing would l I he l. l I nl nil aIa o. o nj buyers ra were la In the market marVet aOl and supplies were new 1 thai that oil oats would b. b greatly it- it hv tat wet lt weather rand mad Hint market strong bon i general I There Ther Therea wm a l c 10 J 1 and ml offerings n nut Cot t lar lars lar Th There r w Was n. so god d of laM Jari by coma omo or the Jar lary pac M and ud this caused t rabe cover cover- lug loi by shorts r. r ru futures r a as a foll follows 0 01 I 1 WHEAT lAT lAT- I O Op Open n. n j niHil I 1 Lost v. I eI Stay May 2 J July u 1 1 II I. I V I a pt J IMi oO o COil COHN I fn I I Low Jow I ln l' l May Mar to 56 15 I T July Jolt Hi 7 FI 7 7 Sept SIlt ilMi l i 1 OATS OATS- I o Open I HIlt high I 1 mw 10 IMay t I CoC May t 35 36 t July 25 14 W 25 I l Hj Sept 25 1 I O I I IA Low I Clo ii r U. U 1115 1910 1971 1570 19 19 S 1925 1975 ltD I It I I Hl I Low 1 I Clo Cloe f fMay May 1070 sri 1070 O July h. h 1075 IO 1025 iSS 1072 j 10 1035 Sept 1011 JOil IO R SHORT RT i RIDS RIBS IDS IDS- I Op I Lo Cl May Iny 1100 i July JolT 10 7 lom lO iJ i 92 Sept pt 1072 loins loin's 2 Cash Cab quotations were score a ax is Ca Cash h h No 0 2 rod So ho 3 red iS No No o 2 liard No o. o 3 hard bard Sl 1 94 No I 1 northern 2 No 0 o. o 2 northern rn No o. o S 3 northern fW No 2 sprIng SO Sli No 3 2 spring Vj No 0 4 i sPring SlY SG Tel TC- vet dart 9 durum 8 64 Corn CorD CorD- Corn No o. o 2 No 0 white SS Xo o. o I 2 7 to 03 o. o 3 whIte whitt yi 1111 No o 4 l So o. o 4 A 2511 No 0 4 t yellow 11 0 C Ont Oats o. o 2 Xo o. o 3 whIte hit g 9 TCo o o. o 4 1 whIte 34 34 standard G 4 Rye Rp o. No 2 G 63 Barley C 45 63 3 i Clot sr 60 Pirk U. Prk 1974 iI La L. Lard nl m I XI- XI YORK lO vy RIU N tW w York April K 1 t Money on 00 call all steady 3 2 p pr per r cent 11 ruling ra rate 5 per por cent tent cbs clos- lag Mil III Z r ft per r c nt offered d at S X t per rr cent Time Tim loan steady ly l and anal ty tta and nd sir sic months 4 per fr cent Prim mercantile I paper liW 6 Pr r cent steady wl with h actual 8 bu bul bual l- l new laces In Its Ituk tankers tankers' u bills at Itt sW fur for day sIxty bills bill and rond at t 4 for tor demand C lal bills Mexican M dollars dollan 47 47 ir Vj Government bondt bende st stady aIT r railroad toads bead ta easy nl WI St. St Iolli Loni April Arit 9 Wool S. Wool Steady medium des combing and nel clothing tight H fine heavy line fine tub wasted washed 27 7 COFFEE A AND T D New cew tW York April 9 Futures I.-Futures Futures op opened Del steady y a i aa ia a d decline JJoe of or 7 points point f fin en n April but generally 4 1 to 1 11 ll point b higher liber nn on profit by ty rC f. f sellers f rather r h better cables than t ax x peeled t noah ami n buying on n the ibe reaction theory Clo l f lug European J Ll cables cable t were r lower and n prices t s cased off during tb the middle of the Je d JilT clay r Th Tb market later firmed up on huv heavy covering asap IJ sup sup-J port from froni trade sources and anal a continued demand demant from rt rein Tics Tho cIo close was as firm Ire S alt 1 iO bags April 1075 May hay 1050 1300 1200 July Tuly IMS 1115 Alienist 11 22 2 September October slid and December 1111 January and 11 1133 11 Jl U. U Spot steady Kin 1 Santos l It I I Slit dull Cor Cordora Corduva o lJ nominal Raw sugar ba barely ly steady rau JI i Ci cc 3 Jt 1 1 lt quiet J STOCK Chicago April 5 p n Mog OO m marl mit r. r k kel ket t to a I. l ad bIght 20 lI ht mixed mire hary S. S 1 r rOugh St pc pig I fi O lt market stow slow il gea orally crall neTe ji o T Thus u steers G western steers 6 5 5 1810 isa 1 feeders 1 J cows COWlS ansi and 3 lIT Sh h. h vp Jc ep-Jc- ep 0 market ly to J I 10 lower 11 western IU l la lants native oRlIe Sf 91 1119 western 7 Q 10 f I c POTATO 10 1111 f Chica o. o April 3 Str I. ady receIpts 5 1 1 ears It 11 I h 11 0 II 4 15 tz 17 11 MInnesota 43 Tj 45 J April J Poultry Pr Dress turkeys turkey IS 15 lire hIre chickens 17 live springs 11 I I. T. T I Duluth ll April 0 0 d. Sis JUji b July Jul I huh bid September 1311 Od tob-r tob I h I. |
