Newspaper Page Text
10 SUMMARY 0 F TH E DAY'S TRANSACTIONS IN THE N. t MOVEMENT CONTINUES LIBERAL CLOSING WHEAT QUOTATIONS AT LEADING MARKETS —May Wheat— —July Wheat— Monday. Saturday. Monday. Saturday. Minneapolis . ."> $1-14% $1.13% $1.10%-% $I.l<T Chicago ..*. r. 1.15 1.14 -% .98% .977^ Duluth 1.13%-% 1.12% 1.11 1.10% St. Louis 1.13% 1-13% .95% .94% Kansas City 1.04% 1.04%-% .88% .88% New York 1.14% 1.14% 1.02% 1.02 SHORTS COVER JUST BEFORE THE CLOSE Wheat Market Active and Er ratic—Cent Break Followed by Strong Close \ Minneapolis Chamber of Commerce, Jan. 23.—The opening this morning was a iit tle lower than the close of Saturday, and but for the Russian political situation would probably have been severe. Shorts started a covering movement on the curb, the first sales being made around $1.13% and from that ran down to $1.13. The of ficial opening was slightly better, and for a few minutes the demand carried prices up fractionally. The demand was soon and when some of the larger opera tors started to hammer, the market there ■was no one who wanted wheat, this result ing in a sharp break to around the early put price of Saturday. Those who were fortunate enough to secure puts early Sat urday before the slump were good buyers against them and this buying absorbed a lot of wheat.. ShortS soon took notice that wheat was being pretty well taken care of and start ed to cover about the noon hour. They found offerings were very light and get ling nervous, bid the market up, causing a rapid advance of nearly 2 cents from the low point and closing only %c under the high point of the day. The statistical news was conflicting, there was a liberal •wheat movement here and the cash de mand was not good, although some claim ed it was better than on Saturday. World's shipments were again under requirements, and the amount on ocean passage showed a good decrease, while the visible supply showed up with a small decrease, where an increase had been looked for on account the heavier receipts of last week. Trade ■was very active 'during almost the entire session and scalpers who can change from one side of the market to the other made good money today. Quite a little wheat •was thrown overboard below $1.13 on stop loss orders, but it looks tonight as though the scattered long interest had liquidated pretty freely and could not now be con- Btrued as a bearish factor. Montreal wired that they had sold wheat to London at 6d better than they sold the Bame quality last week. News from India ■wa,s unfavorable and as they are near to harvest time this is important. Kansas City reports that interior millers are pay ing s@6c higher for wheat than in Kansas City. May wheat opened at $1.13%(5) 1.13 M, sold at $1.13, advanced to $1.13%, broke to $1.12%, rallied to $1.14% and closed strong at $1.14%. July opened at $1.10. sold at $1.09%, advanced to $1.10%, reacted to $1.09%, rallied and closed at $1.10%@ 1.10%. Minneapolis stocks show a decrease for two days of 10.000 bu. Receipts here. 669 cars, including 42 Canadian, against 340 a year ago, Duluth 28, against 80; Chicago 34, against 41; Kansas City 74, and St. Louis 90,000 bu. Clearances of wheat and flour 87,000.. Primary receipts, 929.000 bu. against 789,000 bu a year ago; shipments 238.000 bu. against 370,000 bu. World's shipments of wheat 7,056,000 bu, last week 7,232,000 bu, last year 10,456,000 bu. Wheat on ocean passage 29,368,000 bu. a decrease of 1.536.000 bu; corn. 20.393,000 bu. decrease 236,000 bu. The visible sup ply is 39,383.000 bu, a decrease of 202,000 bu; corn increased 235,000 bu and oats de creased 949,000 bu. Liverpool wheat closed %d lower to %d higher, London and Antwerp unchanged, Berlin %c higher, Budapest l%c higher, Paris wheat unchanged and flour unchang ed to 10 centimes lower. A week ago indications were that a turning point in the visible had come and that there would be reductions instead of accumulations. The outlook is for an in crease with farmers' offerings, both Northwest and Southwest, enough larger to promise a slight increase for the clos ing week in January. Meanwhile new crop of Argentine wheat shipments have increased fully as rapidly as in any of the big crop years. Both Argentina and Aus tralia shipped over -1,000.000 bu each last •week. This means that there is no pros pect of an immediate upheaval of Euro pean wheat prices to a level likely to af fect American values. On the other side of the question, however, there is a pos sibility that the Russian uprisings may af fect exports. Chicago Cash Business —Demand for cash wheat in the local market Saturday was merely of the car lot order, and some houses reported no sales whatever.. There were sales of 15,000 bu mixed lots, mostly by one house. Prices on tables were firm early and easy later; No. 2 red was quoted at $1.17%; No. 2 hard at $1.12@i.16 and No. 1 northern at $1.18%; No. 3 hard sold at $1.10 f. o. b. At Minneapolis No. 1 northern in store was %c lower at $1.11% and at Duluth %c lower at $1.10%. St. Louis was lc lower; No. 2 red, $1.1214 in store and sales of 30,000 bu for shipments were reported. Kansas City was easy; No. 2 hard, $1.04%@1.05% f. o. b. Business in corn was slow, with sales of 40,0©0 bu for export via gulf at 3%c over MINNEAPOLIS OMAHA Edwards _-. MAiN OFFICE |Ol: 4^ Fifth and Robert Sts., ||j Q ST. PAUL, MINN. I" (INCORPOHAT^ " . 9 DEALERS IN . 7*T*'~-.'i . Stocks. Grain, Provisions ■ - :.: >".;-." ;...<■ '..'-:._ . 0 .Jj-/*-^'.-3*-'*.-;' r'-.# ■.■?.>■' Ship Your Grain To Us Best Facilities. - Prompt Returns." ■ •■■'-.-. ' ■ Liberal Advances. _M - ':'--.- OULUTH ° ■-■-";- WINNIPEG A. J. CUMMINCS S S:.>ll-..GRAIN COMMISSION ' \\ " Provisions ;j ,7, *7 Stocks C'""" Bends ' ;■ '.V";'•"".•.:'"■• PRIVATE I WIRES •V^-'-^^ ;. ;*. Office—Ma In { Floor Dispatch - Building. ;>: :. r:;.:: : ;; ;:. •- st. . Paul.. -. :■ •■... -.. f-i • 'i; ; Member >".■; Minneapolis Chamber 'of ,-■■ :: r;- ":"vV Commerce. '*'--- J. C. GERAGHTY & CO. r Stocks—Bonds-Grain ; Endicott Building ( Chicago Board cf Tride. . vKembera^ Mlnnaapolls Chamber of C"amm9r<-9 r - n >;>- .^i I Milwaukee Chamber of Commerce. " :, -1 ; PRIVATE " ".'■■■'• .'-' I : Long DI3U Vco* Phsft»s ■) • :\t^ WIRES ;• ~sl HwiWt«r^M«lnj.4OO ■ # Chicago May f. o. b. New Orleans. Sales of oats were 25,000 bu white clipped. Weather —Map shows somewhat cloudy conditions in Northwest, Middle West and Southwest. Temperatures 14 to 30 above. There has been a light precipitation in the Northwest, lowa, Illinois, Ohio, In diana, Nebraska and a few other sections, but very little in Kansas. In Kansas it is 18 to 28 above and cloudy. Precipita tion is scattered and is of the light kind, running from trace to about .10. It is cloudy over in Canada and in most cases below zero, lowest being about 22 below. - Forecast —Illinois, Michigan. Wisconsin, Nebraska, snow flurries tonight and- to morrow. Missouri. Dakotas, Kansas, fair tonight and Tuesday. Minnesota, lowa, snow flurries tonight; fair tomorrow. indications are for light snow flurries in North Central states t The temperatures will fall in the upper portion of-.the Mis souri and Mississippi valleys tonight and possibly in western lake region Tuesday. Range in Minneapolis Prices Close Close Open. I High. Low. Today. Satur. Wht I I May $1.13% $1.1414 $1.12% $1.14% $1.13%'" July [ 1.10 1.10% 1.09% 1.10% 1.10 Sept .93% .94% .93% .94% ■ .93% Oats May .29 .29 .28% .29 .28% Closing Cash Grain Prices No. 1 hard, $1.14%; No. 1 northern. $1.12%; No. 2 northern, $1.07.%®l .OS%; No. 3 wheat, $1.00%@1.03%; No. f durum, 92c; No. 3 yellow corn, 40% c; No. 3 dbrn, 39% c; No. 3 oats. 27%(0>28%c; No. 3 white oats, 28% c; barley, 35@45c; rye, 74%@ 76% c; No. 1 flax on spot. $1.21%; No. 1 flax to arrive. $1.21%; No. 1 flax, Janu- V ary option, $1.23%. Puts and Calls Minneapolis May puts. $1.13%@1.13%V calls, $1.15%; cufb, $1.14%. Milwaukee May wheat puts, $1.14; calls, $1.15%@ 1.15%; July, wheat puts, 98% c; calls, 98% c; May corn puts, 45c; calls, 44%@ 45c. Minneapolis Receipts and "Shipments Receipts. Shipments. Wheat 622,170 112,320 Corn 67,600* Oats 119,200 34.730 Kye 6,930 1,860 Barley 74,900 13.520 Flax 27,720 -2.18 C Flour, bbls , .. 41,189 MIHHEAPOLISCASH MARKETS Flax and Oats a Little Higher—Other Grains Very Firmly Held Flax—There was a better demand today and prices are %c higher. No. 1 flax clos ing in all positions v at $1.21%. Receipts 33 cars and shipments 3. Corn—Demand continues to be very good and the market is holding very firm. No. 3 yellow closing at 40% c. Receipts, 65 cars and no shipments. Oats—Offerings were liberal, but there was a good demand and the market is slightly higher; No. 3 white closing at 28% c. Receipts 80 cars and shipments 23. Rye—The demand was good and the market held firm and unchanged, closing figures 74%@76%. Receipts 9 cars and shipments 2. Barley—The demand is holding up very well and the market is active and- very firm. Malting selling at 40@45c and feed at 35@40c. Receipts 70 cars and shipments 10. Feed and Meal—Coarse cornmeal and cracked corn, in sacks, extra, $15.25; No. ' 1 ground feed, 2-3 corn and 1-3 oats, 80-lb sacks, sacks extra, $15.75; No. 2 ground feed, % corn and %c oats, 80-lb sacks, sacks extra, $16.25; No. 3 ground feed, .1-3 corn and 2-3 oats', 75-lb sacks, sacks ex tra, $16.75. Millstuffs—Bran in bulk, $14; shorts, $13.50; middlings, $15.50; red dog, $17.50; all f. o. b. Minneapolis; in 200-lb sacks, $1 per ton additional; in 100-lb sacks, $1.50 per ton additional. Shipments, 1,719-tons. Hay—Reported by Cleveland & Coj The increased offerings have, caused prices to drop a little, the demand is very good for choice, wluch is firm at -the decline, the ! poorer class of stuff, of which the bulk of the offerings are made of, is slow and the undertone easy, the very poor stuff being taken at whatever a buyer is "will ing to pay. Timothy, choice, $8.50@9; No. 1, $B<§> 8.50; No. 2, $6.50(5)7.50; No. 3, $5.50@6.50; upland, choice, $7@7.50; No. 1, $6.50c«>7; No. 2, $5.50(3)6; No. 3, $4.50@5.50; mid land. $5@6; swale, $3.50@4.50; rye straw.l $5.50@6; wheat or oats, $4@5;" receipts, 322 tons. -GASH SALES Minneapolis, Jan. 23 No. 1 Northern Wheat—2 cars, $1.11%; 2 cars. $1.11%; 2 cars, $1.12%; 4 cars, $1.12; 1 car, $1.11%; 17 cars, $1.12%; 1 car. $1.12%; 1 car, $1.11; 2 cars, $1.11%. No. 2 Northern—9 cars, $1.07%; 16 cars, $1.07%; 9 cars, $1.07; 1 car, f. o. b., $1.09; 2 cars, $1.07%; 5 cars, $1.07%; 2 ears., $1.06%; 4 cars. $1.06%; 1 car, $1.06. No. 3 Wheat—lo cars, $1.02; 7 ears, $1.03; 3 cars, $1.01; 1 car, 98c; 2 cars, f. o. b., 98c; 1 car, 95c; 1 car, frost, 94c; 3 cars, $1.01%; 12 cars, $1; 1 car, $1.02%; 2 cars, frost, $1; part car, 95c; 15 cars, $1; 1 car, frost and bin burned, 98e; 1 car, 96c. No. 4 Wheat—ll cars. 95c; 43 cars, 90c; 13 cars, 91c; 5 cars, 92% c; 22 cars, 93c; 1 car, BSc; 2'cars, choice, 92c; 1 car, 89c; 1 car, 98c: 2 cars, 93% c; 5 cars, frost, 85c; 1 .car, 83c; 3 cars, 94c; 2 cars, 90V-c; 1 car, 92c. Rejected Wheat—l car, 60c; 1 car, 55c; 1 car, 92% c; 3 cars. 85c; 1 car, 86c; 2 cars. 68c; 4 cars, 65c: 7 cars, 75c; 4 cars, 70c; 1 car, frost. 70c; 2 cars, 80c; 3 cars, 72c; 1 car, 50c; 1 car, 96c; 2 cars. Nsmut, $1.03; 1 car, 75c; 2 cars, 74% c; 1 car, 73c. No. Grade Wheat—l car, 78c; 1 car, 80c. No. 3 Yellow Corn —1 car o. w. b., 40% c; 5 cars, 40% c. No. 3 Corn —1 car white, 39% c; 4 cars. 39% c. JNo. 4 Corn—^2 cars, 39% c; 1 car yellow, 37% c. „ No. Qrade Corn—3 cars, 3?>e; 1 car, tsb%c. No. 2 White Oats—l car. 2Sc. No. 3 White Oats—2 cars, 2834 c: 1 car 29% c; 3 cars, 29c; 4 cars, 28% c 10 000 bu to arrive, 29c; 1,500 bu to arrive °9c No. 4 White Oats—2 cars, 28V«e; 2 cars 28% c; 5 cars, 28% c; 1 car, 28c' No. 3 Oats—2 cars, 28c; 1 car 2751 - 1 car, 2S%c. No. 2 Rye—2 cars, 77% c. No. 3 Rye—2 cars. 71c. No. 4 Barley—2 cars, 43c: G cars. 37c; 2 cars. 3Sc; 3 cars, 28% c; 1 car, 40c; 1 cars, 37% c. No. 1 Feed Barley—l car, 40c; 2 cars 37c; 4 cars, 3C%c. No. 2 Feed Barley—s cars, 36c; 1 car, 36% c; 1 car. 37. No. 1 Flax—3 cars, $1.22. Northwestern-Flax— 1 car. $1.22. ' Rejected Flax —1 car, $1.19. Durum Wheat—l car No. 2, 90c; 1 car rejected, badly mixed, Ssc. STATE GRAIN INSPECTION Inspected In — Wheat — Cars — Great Northern, No. 1 northern, 23; No. 2 north ern, 58; No. 3, 47; No. 4, G2; rejected, 59; no grade, 3. Chicago, Milwaukee & St. Paul—No. 1 northern. 6; No. 2 northern, 11; No. 3, 9; No. 4, 21; rejected, 22. Minneapolis & St. Louis—No. 1 northern. 1; No. 2 northern, 1; No. 4. j. ■ Soo Line—No. 1 rortluffi. i; No. \ northern, i-No^, 2; rejected, 13. .Northern Pacific—No. 1 northern, 3; No. 4; No. 3, 26; No. 4, 15; reject- C-nJcago, St. Pabl, Minneapolis & Omaha —No. 2 northern, 1; No. 4, 5; rejecte.3,.s. . < Totals—No. 1 northern, 34; No. 2 north ern. 76; No. 3, 84; No. 4, 104; rejected. 101; no grade, '«. Other Grains—No. 2 durum wheat,'. 1; rejected winter wheat, 12; mixed ■wheat, THE ST. PAUL GLOBE, TUESDAY, JANUARY 24, 1905 1; western wheat, 14; No. 3 yellow corn, 12; No. 3 white corn, 4; No. 3 corn, 14; No. 4 corn, 7; no grade corn, 2; No. 2 white oats, 4; No. 3 white oats. 6; No. 4 white oats, 17; No. 3 oats, 7; No. 2 rye, 6; No. 3 rye, 1; No. 3 barley, 1; No. 4 barley, 20; No. 1 feed barley, 6; No. 2 feed barley, 16; no grade feed barley, 1; No. 1 northwestern flax, 2; No. 1 flax, 12; re jected flax, 3. Cars Inspected Out—No. 1 northern wheat, 20; No. 2 northern wheat, 25; No. 3 wheat, 96; No. 4 wheat, 32; rejected wheat, 20; no grade wheat, 4; rejected winter wheat, 11; western wheat, 1; No 3 yellow corn, 12; No. 3 corn, 14; No. 4 corn, 5; No. 2 white oats, 1; No. 3 white oats, 11; No. 4 white oats, 20; No. 3 oats, 1; no grade oats, 2; No. 2 barley 1: No' 4 barley, 7; No. 1 feed barley, 3; No. 2 feed barley 3; No. 2 rye, 1; No.'l flax, 6; re jected flax, 1. SPECULATIVE GOSSIP Chicago—To Edwards-Wood Company- Prices for corn within an exceedingly nar h^J ange ' Q neither side making much headway. Sentiment, as expressed by the 1 *l e JfJ and out °? tne market, is decided ly bullish. Receipts were smaller than a. week ago and much below shipments and clearances. The interior movement to feeders continues large, at more satis factory prices than can be obtained by shipment to terminal markets. Argentine shipments and crop reports are unfavora pie, and the Liverpool market has turned wnrir^ & because of prospects for small worlds shipments. The increase in the wsible supply is working less each week th \% ni? w not much over last year- Corn «r«ULI Y e more. action. and conditions ™t % ?, a. P. osltive guarantee against any decline of importance. nnn heaf,°7 Vai eiJ tine has sold about 50°.- UOO bushels of May corn. Bartlett sold about 300,000 bushels. Nash -Wright bought about 500,000 bushels. Outside of these trades there have been very few orders executed. ' Kansas City—Elevator owners can now .buy cash wheat at relatively lower prices as compared with the May option than at any time previous since the crop began to move, and much of the wheat re ceived here last week was taken to go into st°re and the~May sold against it. .Chicago—Armour has been the seller of »£? ha« gain t oda/- Fairly sood commis sion houses buying, but market easier on -this selling and with wheat. Chicago—A Liverpool house cables: Wheat advancing in sympathy with the Russian political news and decreasing stocKs. The advance was checked by "' C°Tn QUlet a"d steady- No Milwaukee—The flour demand is simply wretched. One mill went down today for lack of business. Looks like another sick day in cash wheat, practically all of Sat urday s receipts carried over unsold. Chicago—Weakoes s in Minneapolis caus ing lots of selling here, but looks as if some fair buying around $1.14. The crowd not disposed to sell any wheat short. A few who were short over night have bought it in. Chicago stocks in regular warehouses: Wheat 1,540,000, decrease 40,000- corn 2,848,000, increase 230,000; oats 2,311,000 decrease 316,000; rye 395,000. decrease 4,000; barley 12,000. unchanged. New York—To A. J. Cummings: Crea tion of a big bear account owing to sensa tional Russian reports would lead to a healthier condition of affairs, provided pro fessionals do not succeed in frightening the real owners of stocks into selling, thereby giving them an excellent oportu nity to cover to advantage. A bright as pect of the Russian internal dissension is it surely makes for an early termination of the Japanese war. New York—To Sidney C. Love & Co., Minneapolis: The serious Russian troubles some selling in New York stocks and an unsettled condition throughout all financial centers for a day or two. New York—l see nothing alarming in situation. Think our market in a healthy condition and sellers ■will find buyers at reasonable prices on declines. Later we will do better unless a widespread revolu tion occurs—lfi Russia. Chicago—This is a good point at which to buy some stocks. Of course the mar ket is off on account of the riots in Rus-" sia, but I don't see how this should af fect our stock market and think purchases made this morning will show a profit on all good first-class railroad stocks. New York—A Pittsburg dispatch says the Wabash interests have bought great tracts of coal lands in West Virginia and have also purchased the Rocky Ridge rail road to reach the coal lands. New York—The Chicago Terminal stocks are strong again on some buying notice able the last few days. I think from what I hear it is competitive. New York—Presumably the market will open down in sympathy with the declines in London, but we'believe that on any ma terial declines stocks are a purchase. New York—This C. & N.-W. is surely going higher. I know itjs hard to ask any one to buy such a high one, but there is 25 points in it by May 1, I believe. DAILY WHEAT MOVEMENT The following are the receipts and ship ments at the principal primary wheat maTkets: , Receipts. Shipments. New York 13,650 Philadelphia 7,200 Baltimore 7,828 Toledo 3,000 5,800 Detroit 2,500 St. Louis 91,000 42,000 Boston 1 23,892 Chicago 27,000 27,425 Milwaukee 17,600 1.769 Duluth 54,368 15,136 Minneapolis 622.170 112,320 Kansas City 100,800 29,700 WEEKLY WORLD'S SHIPMENTS Wheat — Last Wk. Pre. Wk. Lest y. America 1,312.000 896,000 3,928,000 Russia 1.552,000 1,696,000 2,088.000 Danubian ... 368,000 456,000 976.000 India 1,360,000 2,760,000 472,000 Argentina ...1,176,000 215,000 1,672,000 Australia 1,032,000 776,000 1,096,000 Austria- Hun gary 144,000 Various 256,000 232,000 80,000 Totals ...7,056,000 7,232,000 10,456,000 Corn- America 3.568.000 3,568.000 1,368,000 Russia 60,000 94.000 343,000 Danubian 669,000 Argentina 950,000 1,818,000 1,234,000 Totals ...4,578,000 5,450,000 3,614,000 COMPARATIVE VISIBLE SUPPLY Wheat- Corn. Oats. This week ..39,383.000 11,514,000 19,351.000 Last year ...40,612,000 6,518.000 8,552.000 1903 49,055.000 7.385.000 4,009.000 1902 59,373.000 11.632.000 4.133.000 1901 ..' 60,791,000 14,137,000 10,154,000 MINNEAPOLIS FLOUR MARKET The Demand Shows Little or No Change— Prices Firm at Quotations - There is practically 1! no change =in the demand | from that reported late | last week,- ; buyers ;ar,e, holding: back, waiting for; low er prices and : only taking what they s have | to I have for immediate J requirements. Is. Shipments, 41,189 bbls. --- First -j patents. - ?6.15@6.25; second rpa t-* ents, $5. S5 6:05; - first. clears. $4; 15 4.35 H second clears, $2.60@2.70. (These are-all f. o. b. in wood.) r^; \. " r • " V;. iOMMISSION STOCK pROKfcRS \ t We i Charge 4No fnterest for Carrying Long Stocks ) , "" CE<E?AL : OFFICES: \ New Ysrk Life Bidg, Mi.maapßiis, Kirn. ST. FA L STANCH •': i Rom D; End oV.t fr^e,:iij 221 EnihMi BuiidiaV NEW WK REPORTED AS BUYERS-TODAY Early Break on Northwest Weak ness—Shorts Cover Freely After Noon Hour CHICAGO, Jan. 24.— Possibility of a de crease in shipments from Russia as a re sult of public disorder caused a strong finish in the wheat market here today. At the close May delivery was up %@lc, corn is up %@i£c, oats show a gain of %c and provisions aTe up 5c to 17% c Wheat The strength with which the wheat market closed was not in evidence earlier in the session. At the opening the senti ment in the pit was inclined to bearish ness in spite of the bullish tenor of week ly statistics. World's shipments were considered small and the amount .on pas sage was correspondingly light. As an offset, however, receipts in the North west showed decided increases. In con sequence the market at Minneapolis was extremely weak. Traders here were more inclined to be governed by domestic con ditions than by the foreign situation. Opening quotations on May were a shade higher to %@%c lower at $1.13%@1.14%. While the pit crowd generally was bear- • ish, the desire on the part of many trad ers to sell wheat short was held in check by~a rumor that a leading long was sup porting the market. Selling was likewise restrained by the critical condition of- af fairs in Russia. Fear was entertained that further violence might result disastrously to Russian commerce and perhaps cause a stoppage of grain exports from that country. After trading was well under way senti ment became a little firmer, May advanc ing to $1.14%. Weakness of Northwest ern markets, however, was a constant drag on prices, here, and with the an nouncement of liberal primary receipts commission houses turned active sellers. Under this pressure May declined to $1.13%. Late in the day, however, the market developed considerable activity, with a sharp rise in values. News from the Southwest was bullish, a report from Kansas City stating that receipts there would be small in the near future, inas much as country millers are paying from 5c to 6c per bu more than the market price. Dispatches from St.' Petersburg ajso added to the anxiety of shorts, ad vices asserting a renewal of disturbances at the Russian capital. From $1.13% May quickly advanced to $1.15%. The market closed almost at the highest point of the day, quotation on May being $1.15. Clearances of wheat and flour were equal to 60,000 bu. The amount on pas sage decreased 1,536,000. and the visible supply decreased 202,000 bu. Primary re ceipts were 928,800 bu, compared with 789. --500 bu a year ago. Minneapolis. Duluth and Chicago reported receipts of 731 cars, against 676 cars last week and 461 cars a year ago. Corn Influenced by larger receipts than ex pected, pit traders were quite free sellers of corn early in the session, resulting in some weakness. Later the market be came somewhat firmer in sympathy with the advance in wheat. On the whole, the volume of trading was very small. May opened unchanged, %@%c lower, at 44% c to 44%@44%c, sold up to 45c and closed at the top. Local receipts were 347 cars, with 3 of contract grade. Oats A steady tone prevailed in the oats market and trading was largely of a scalp ing character. May opened unchanged to a shade-higher at 30%@30%c to 30% c. sold between 30% and 31c and closed at 30%@ 31c. Local receipts were 142 cars, ■-. ...;•": '■:'.' 'Provisions .—' L" ." •• J ; • A gain of 10c in the price of hogs, at the yards caused ."fairly* active ~ covering s-: of provisions by * shorts, resulting .- in ~ a firm market. At the close May pork "was!: up 17% cat $12.95. Lard was up 5@7%c at ;s7.o2%. :r ■Ribs were 10c-higher at:s6:Bs@: 6.87%. - Estimated ' receipts"' for -' tomorrow were:. Wheat, -65 {cars; corn. 537 ' cars; oats, 164 cars; •■. hogs. 37,000 -■ head. ; ; r': •■::; :;: :--■'■" :~k- ye - J The • leading futures ranged as follows:: < ' c. I Open. I High: | Lowi. | Close".- Wheat— . . . I .-^. ---."..:■■ ■--.■: ■■■■• - .May....... $1.13%!51.15% $1.13% $1.15 July ...... 98% .98% .97% -:..98,%: • Corn— --:..' ~ '"-»c, ." ■■'-. .'.:■■ '?■ Jan -■•^'"'"•- 421,4 .42% .42*4 .42% May ;..;•.:. . 44% .45 ■■ .44% .45" %OaXs—":":r 45% .45% r. .46% ': .4514 Oats— :: Jan : ...... ...:r.. ..:...: ".:..:.. 30% .May ...... 30% .31 .30% -.31-; -Ju1y;...;.. 30% .31 .30% .31' Pork— . -;.. '. -- .'- - ■^Jan;...... -.tr.K'i'. .:....:. trfi??. 12.77% ■: May ./:... 12.80 12.95 12.80 12.95 -A Lard- ■'..-„ ••-•.:•:'.- ■ '-••■; •.-•--■-,: *--■■■ — i;Jan "...... ; 6.77% 6.82% 6.77% 6.82% .May :..:.: 6.97% 7.05 6:97% 7.02% r; July .:.... 7.10 7.15 . 7.10 -. 7.15 " Ribs—V' , -...:" -;-. -. .:-^. .-.- ~v v Jan ■..■.... ....... .;....: .'..';".- 6.62% -'May..-.;.; 6.80 | 6.87% 6.77% 6.87% y Cash quotations were as follows: Flour —pull- Wheat—No. 2 ; spring, ; $1.13@ 1-14%; No. 3, ' $1.02@ 1.14; No. 2 red, $I.ls%@l.lß%.\;Corn—No. ■2, 43c; -"'No"- 2 yellow, 4314 c. Oats—No. 2, : 30% c; "J No 2; white, 31@32c;- No. 3 white, 30%@31c. Rye— 2, 75@75%c. Barley—Good feed ing, 37c;; fair to! choice malting, 43<5>48c Flaxseed—No. -1, $1.15; No. -l i northwest- • crn, $1.21%. Timothy Prime, $2.80 ' Pork—;per bbl.. $12.75@12.80. Lard —Per 100 lbs., $6:82%. Short Ribs—Sides ( oose). $(>:37%@6.62%. Clear Sides—Short: (boxed), $6.62%@6.75. Whisky—Basis of high wines, ;■ $1:23. Contract grade, .." $12.75.;; Receipts—Flour, -:.■ 21,900 bbls; wheat, 27,000 bu; corn," 371.800- bu; oats. 174,000 bu; rye, 3.000 bu; barley, 52,-: 400 bu. ~ Shipments—Flour. 10,600 bbls wheat, 27,400 bu; corn, 102,300 bu; oats '3.000• bu; ; rye, 2,100 ;bu; barley,: 16,200 bu. On ; the Produce Exchange today the but ter t - market was quiet; - creameries, i 19(gi 1 29c;;- dairies. 18@24c. Eggs * firm; :at "mark,; cases included, lS@23c; . firsts, 24c; i prime firsts, <26c;; extras, 28c. Cheese active, 11 @'. OTHER GRAIN MARKETS -* NEW YORK New York—Flour—Receipts, 14,152; ex ports. 8.142; steady but dull; rye flour, steady; buckwheat flour, quiet; cornmeal steady; rye, nominal; barley, dull. Wheat —Receipts, 13,650; spot, firm; No. 2 red nominal, -elevator; No. 2 red. $1.20% f. o' b. afloat; No. 1 northern Duluth, $1 '5% .1 «i; h J afl°at; No. 1 hard Manitoba, $1.11% f. o. b. afloat. Options had a firm start on the bullish cable news and small er world's? shipments, but sustained a se vere break under heaviness in the North west, liquidation, and large spring re ceipts. Following this came a second ad vance on a scare of shorts and the market closed firm at %c net advance. May, |113%@1.14%, closed. $1.14%; July $1.01% @1.02%, closed, $1.02%. Corn—Re ceipts, 20,320; exports, 1,907; sales, 5,000 --futures; 184,000 spot. Spot barely .steady; No. 2, 62% c elevator and 51% cf. o. b. afloat; No. 2 yellow. 51.% c; No. 2 white, 52c. Was generally firm all day on fur ther bull support at Chicago, closing %c net higher. May, 50^c@50>4c. closed 50»4c. Oats—Receipts, 144,000; spot easy; mixed oats. 26 to 32 pounds, 3f»Vi@37c; natural white, 30 to 32 pounds, 37%® 38% c; clipped white, 36 to 40 pounds, 38% @41c. MILWAUKEE Milwaukee, Wis.—Flour steady. .Wheat steady; No. 1 northern. $1.1401.15; No. 2 northern, $1.09(51.11 y>; May,~51.14% bid; puts. 11.14 bid;"calls. "$1.15% asked. Rye steady; No. 1. 81 %c. Barley steady; No. 2, 53c; sample, 37@51%c. Oats steady; stand ard, 31%@32%c. Corn easier; No. 3, 42% @42% c; calls, 44%@45c bid; May, 44%@ 45c asked. DULUTH Duluth, Minn.—Wheat had a sharp de cline early today and then a recovery that took It %c above Saturday's close. The market was active. May got down to $1.11% for a low point, and advanced l%c. Flax was unchanged. Changes in stocks for the week: Wheat in store, 4,469,093 bu, increase, 160,803 bu; flax. 7,610,178 bu, increase. 45.094 bu; dats, 3.928,091 bw, In crease, 65. 725 bu; rye, 173,837 bu, increase. 1,309 bu; barley, 401,284 bu, decrease, 1,538 bu; corn. 34,4590 bu,. unchanged. Re ceipts—Wheat, 28 cars; flax, 12 cars; oats, Scars. Cars on track, 138. Shipments— Wheat 15,136 bu; flax, 14,936 bu; barley, 1,104 bu. Close—Wheat, cash, No. 1 northern. $1.11%; No. 2 northern, $1.04%; May, $1.13%; July, $r.ll; September, 94% c; flax, cash. $1.23; May, 1.23%; oats, 29% c; rye, 75c. KANSAS CITY Kansas City, Mo.—Close—Wheat steady; May, $1.04% ; July, 88%@89c; cash No. 2 hard, $1.04@1.06; No. 3, $1.02@1.04; No. 4, 92c@51.01; N0..2 red, $1.10@1.12; No. 3, $1.06@1.10; No. 4, 98c@51.05. Corn steady; May, 42% c; July, 42%; cash No. 2 mixed, 42c; No. 3. 41%@42c; No. 2" white, 43% c; No. 3, 43c. Oats steady; No. 2 white, 32c; No. 2 mixed, 31c. LIVERPOOL Liverpool—Spot wheat steady; Nq. 1 Cali fornia, 7s; futures steady; March, 7s li4d; May, 7s %d; July, 7s. 2%d. Spot corn steady; American mixed, new, 4s Id; American mixed, old, 4s lid; futures steady; March, 4s l%d; May, 4s 2%d. PRODUCE IMR(ET Butter—Creamery—Extra, 27%'e; firsts, 25® 26c; June creamery, 24c. Dairies— Extras. 21c; firsts, 19c; renovated, 21 &@ 22c; rolls and prints. 17@19c; packing stock, fresh. 16% c; grease, 4c. Cheese—Twin, fancy, October, 12% c; twins or flats, storage, 10@ll%c; Young Americas, fancy, 12@12%c; brick, No. 1, 13%@14c; brick, No. 2, 10(@llc; limbur ger. No. 1. new, 14c; primost, No. 1. 8c; pultost, 10c; Swiss cheese No. 1, wheel, 14@14%c; Swiss cheese, No. 2, wheel 13c kggs—Strictly fresh, loss off, 20c- stor age, 18c. Beans—Choice-to fancy navy, per bu, $L35@1.85; brown, fair to fancy, $1.75@ Peas—Yellow peas, $1.25. Potatoes—Home grown, carlots, 30@35c; sweet, bbl. $3. Vegetables—Beets, per bu, 40c; beans, wax, box, $5; cabbage, per cwt, 50c; cauli flower, crate, $4; carrots, bu, $40c; celery, dozen, 25@50c; cucumbers, dozen. $2.50; lettuce, box. 60c; mint, dozen, 40c; onions, dozen bunches, 60c; onions, cwt, $1.25® 1.35; parsley, dozen, 40c; radishes, dozen bunches, 60c; rutabagas, bu, 40c; turnips, bu, 40c; tomatoes, California, 4-basket crate, $3.75. Pears—Winter Nellis. box,-$3.25. Grapes; —Catawbas. basket, 20c; Malagas, keg, $5@6. Apples—Common stock, $1.50@2.25; fancy varieties, $2.25@3.50 Cranberries—Bbl, $7.50©11. Bananas—Per bunch, as to size, $1.75 @3. Lemons—California, per box. $3.50@3.75; Oranges—Seedlings, $2; Floridas $2.50; California navels, $2.50@3. Dressed Meats—Veal, fancy, 6%@7c; fair to good, 5%@6c; mutton, country dressed, 4@7c; fall lamb, round dressed, 8 @9c. Hogs—Country dressed, 5%@5c. Dressed Poultry—Spring chicks, fancy, 11%@12c; No. 2. B@9c; hens. faney r 9%@ 10% c; No. 2, 7@Bc; turkeys, No. 1, 16%@ 17c; thin and poor. 10@llc; old toms, 13@ 14c; ducks, ll@12c; geese, 10@llc. Frozen poultry lc and 2c less than above. Fish—Crapses. s@Bc; pike, 7%c; pick erel, 4%@«c; sunfish, perch, etc., 4%c; frog le^>T. dozen, 6@Bc; Lake Superior her ring, 3@3%c. NEW YORK PRODUCE NEW YORK, Jan. 23.—Butter irregular; receipts, 4,903; street price extra cream ery, 29@29%c. Official prices creamery, common to extra. 19@29c; do held, com mon to extra, 22@27%c; state dairy, com mon to extra, 18@26c; renovated, com mon to extra, 16@23c; western factory, common to choice, 15®23c; western Imita tion creamery, common to choice, 18@24c. Cheese firm; receipts, 1,509; state, full cream, small colored and white fancy. 1214 c; do fine, ll%c; do late made colored and white choice, 1114 c; do fair to good 10%@10%c; do poor, 8%@9%c; do large colored and white fancy. 12c; do fine, 11 1 / 4@11%c; do late made colored and white choice, lie; do fair to good, 9%@ 9%c; do poor, B»4@9c; skims, full to light, 4@loi4c. Eggs firm; receipts, 7,371: state, Penn sylvania and nearby fancy selected white extra, 31@32c; do choice, 28@30c; do mix ed extra, 29@30c; western fancy selected. 27% c; do average best. 27c; southerns, 22 @27c; refrigerators, 17« cl 22c. CHICAGO PRODUCE CHICAGO, Jan. 23.—Butter steady; creamery, 19@29c; dairies, 18%@24c. Eggs firm; at mark, cases included, 19 @ 23c. Cheese steady; daisies. 11%@12c; twins, ll@ll%c; Young Americas, 11%@12e. Poultry—Live weak; turkeys, 13c; chick ens, lie; springs, 10c. Potatoes easy; burbanks, 34@33c; rurals. 32@33c. Veal weak; 50 to 60 pound weights. 4%@5c; 65 to 75 pound weights. s@6c; 80 to 125 pound weights, 6%@7%c. NEW YORK COTTON NEW YORK, Jan. 23.—Cotton—Futures closed steady; January, 6.50; February, 6.53 c; March, 6.59 c; April, 6.64 c; May, 6.67 c; June. 6.72 c; July, 6.77 c; August, 6.81 c; September, 6.89 c; October, 6.96 c. Cotton—Spot closed quiet; 15 points lower; middling uplands, 7.00 c; middling gulf, 7.25 c; sales, 1,615 bales. METAL MARKETS NEW YORK. Jan. 23.—Copper also was dull in the English market, closing at £68 2s 6d for spot and at £68 for fu tures. Locally the market is quiet, but is firmly held. Lake is quoted at $15.50; electrolytic at $15.37% (315.50 and casting at $15@15.25. Iron closed at 53s 9d in Glasgow and at 3d in Middlesboro. Lo cally iron continued firm; No. 1 foundry northern is quoted at $17.50(5)17.95; No. 2 northern at $17.50; No. 1 foundry southern and No. 1 foundry southern soft at $17.75 @18. I O'Connor <8b Van Bergen: jpfeTl Brokers I^|: :,• 202-203 Germanla Life Eulldtnr. and Mlii- \ ) nssota Sts.. St. Paul. Minn. Chicago ( ? Board of Trade. Dire;t Private Wires. < ..;.* \ H.HOLBERT SONS f||% BANKERS and - BROKERS 341 ROBERT ST. , ST. PAUL ;-;- •■---• ■^■^.-•-.-,•.ta . ----.-■■ ■-.., v R. £. 0088 Butter—Eggs—Poultry Wo Buy Hand Separated Cream ? 19-33 EASTJEHIRD STREET. -. - N^ ,■■;; SHIP YOUR HA \W THER E! Mjk W:6 LOFTUS-HUBBARD mF*k i ELEVATOR co., ■ m ■ ST. PAUL, MINN. 8. B. SMELL I CO. GRAIN-STOCKS National Carman American Bank Building Chas. L.Haas Commission Co. Live £t3;k Commission Ma-chanta. Room IC, Exchange B.dg., Unlsn Stooc Yards, S* :.t. Pau!. Mi.-.n.. and Union Sto.lc Yard", Chicago.liJ- Liberal aovaocos mi:« on consignment* PON A HEAVY SELLER AT OPENII - iv^i., ; :-,:l DOMESTIC MONEY MARKETS B" S"Ver -Wishing-- - •"* "SJSH /; •,-., ••••••••— 16'<*ty,ow documentary exchange, $4.55%. : ? - ,■«-.■■; -.- :■;.. .-._ :.•:,■ - " ■ "- ''. ':-.■ ■ '■'■• - /a ' " 1. ■■--■•■■■;' BANK CLEARINGS MONDAY St^ Paul -I--i..^V % .y;y.... $1,057,657 ! Minneapolis _.>....:.. ... v> , $2,662,848 ; CLOSING JSTOCK LIST -£ Quotations furnished by Edwards-Wood St P^ul office Fifth and; Robert; streets, "-1- ''■'■■'■ ■'■'■'-■ "':.-•••.'•■ - lSalesjOpen[High|Low At? his°n :.-—...-...; 8800 86% 85% .85% a«° pfd-.T.. 1;-..;-.;. 3400 100 ;99% 99% Atlantic C. Line..r. 200 122 122* 121%" Bait. & Ohio ....... 13800 102 101%'101% i.do'pfd;-::..... ■.-.... 100196% 96% 96 ■ Can. Pacific ...v.... 7500 132% 131% 132 Cen. of New Jersey. 500 195% 194 - 195 £*«*■ Ohio •••••••• 2900 48% 48% 48% Chi. & A1t0n.:...... 300 141% 41% -41% --nMo^'"""^- 100 80% 80% 80A Chi. Gt. Western.... 12400 22% -22% 22% Chi. & North-W.... 7800 225? 220 • 221% Chi., Mil. & St. P.. 34600 174% 173% 174 Chi;. Term. & : T,... 6200 16 .14% 15% v^dopfd.-.'.....'.;;.m00 27% 24% 25% C., C. C. & St. L... 2000 95% .94$ 94% Col. Southern 3400 V 24% 23 23% ;.;do:-lst._pi'd......;. .. ioo 62% 62% '62 do 2d pfd ..:..:.. 200 36% 36% 36% Del. : Hudson ■.•:."• 600 183 ■• 182% 182% Del., L. & Western ;"::.': :.;.. - 336 Den. & Rio G .•..:■;;: :.:.. ..'.. :-:'.■]] 31% do pfd -;:;-.-..i;:.- 400 86 85 85 Erie.................. 96600 41% 39% 40% -■ do.-15tipfd.......;. 8100 78% 77% 78 Wdo 2d pfd ;'v-:--" 4400 63% 61% 62 Hocking Valley .... 100 :87 87-87" Tnd ° .Pfd r"••••••" -' 10° 90^ ' 90% 90 ;-" Illinoist Central ..... 3000 155% 155 155 . lowa -Central-:.-.:... 100 30 30 ■■■■ 29% do Pfd -..-.-...... 300 57 56 56% K. C. them..... HOOO 29% 29% 29% do pfd -...-:-...:. 5000 66 158 58% •Louis. & Nashville. 11400 137% 136% 136% Manhattan•Lv.r... 3500 171%' 169% 170 Met. Securities | .3200 76%1 74% 75% Met.;- Street Ry .V.. 6600 117% 115% 116% Mexican Central 5600-23- 22 22W Minn. & St. Louis ..:..... - 54 * M.. St. P. &S.S. M. 800 94 92% 93 - do pfd-....-.'.•.•;":;■.■ .~.'v.v -' '■•- 148 Mo. Pacific 0 ......;. 13500 106% 105% 105% M 0.,; Kan. & Texas. 1200 31 30% 30% do pfd;'........... 2100 65% 64%! 64% I N. R. R. of M. pfd.. .900 42 * 41% 41% N. Y. Central ;;..:.: -4400 144 142% 143 " Nor. -Securities..:.... 18000 148 ' 146 -• 145% N. Y. Ont. & West. 3700 43% 42% 43% Nor.- & Western*.... 4000 78% 77% 77% _-do pfd.:..:...v... 100 92% 92% ?92«e Pennsylvania -...:.:. 38200 136% 136 136% X*., C.,' C.-& St. L... .". .';". .."... ' ■ 75" Reading ;..:......;;. 98700 88% ' 86% 87 do Ist pfd........ 400 92% 91% 91%. _do> 2d pfd : 1700 87% 87% 86% Rock Island C 0..... 36800 36% 35% i 35% _do pfd ...........: 200 82 82 81% St. L. &S. F. pfd 700 71 70% 70% St. Louis Southw..; 2100 26 25 25% _ do^pfd •- :.-;...... 3800 61% 60 : 60 Southern Pacific 39500165% 64% 64% edo pfd .•••••."..... 2300 117% 117% 117% Southern , Railway. . 15800 34% 33% 33%. „do Pi di-""---- "... 1000 97% 96% 96% T. C.-RrTr.:....... ..;.. 105% 105% 105 -lexa?lexa?I exa? T&/w lfiC-- 700 34% 33% 34% T. St. L. &«W...... ..... ..:.. ..... 35% TT do Pfd :.......... 100 53% 63% 52% Union Pacific ...... 118400 118% 117 117% to?.^ Pfd •••"•• 400 98% 97% 97% Wabash ...:........ 400 21% 21 21% --do pfd ;..?;-...-. • 1100 42% 42% 42% W. & Lake Erie.... 300 18% 18 18% Wis. Central ..... ..... 21 do pfd ...;......-..V..;.;.. ... """ '44:. Amal. Copper .-...:. 27300 73% "73% 73% Amer. Sugar Ref... 8400 141% 140% 141 Brook. R. Transit... 13000 61% 60% 60% Col. Fuel & Iron 7500 46 44% 45% People's Gas ....... 1900 106% 105% 106% Rep. Steel -:.......: 2300.15% 15 ■- 15% TT d o p£d V ■'• ••' •"■•'•'' 600168 " 67 67% U. S. -Steel ■...-..:... 385001 29% 28% 28% do pfd -......:..... 77700 93% 92% 92% Western Union .:.. . 500 92% 92 92% Total sales for the day, 927,900 shares. *Ex dividend. > ' NEW YORK BONDS U S ref 2s reg. 10.4% I Japan 6s cer .. 97 do coupon .; 104% L & N uni 45... 103 do 3s reg:... 103% bMan:c gold 45..106 • do coupon ..104%-tbMex Cent'4s.. 74% do n 4s reg..130% do Ist inc-.. 24 * do coupon . .131%|fM & St L 45... 99% ■■'-' do old 4s reg: 105% bM, K.&T 45.. 101 - 'do coupon -..105% : bdo 2ds ..:. 86% Am Tob 4s cer. 73% NRR of Mcon4s 82% do 6s ; cer... 112 NYC gen 3%5..100% Atch gen 45.. .103% NJC gen 55.. '.135% ■- bdo-adjt 45.. 95% Nor Pacific 45.. 105% Atl C Line 45..102 do 3s .:......:'-77% B & Ohio" 45.. .104% N& Wcon4s .. .102% '■■-.■ bdo . 3%s . v..'.:-, 95% OSL rfdg 4s .:.. - 97% Cent of Ga 55.. 113% Perm cony 3%5.103 ! bdo Ist inc.. 91 Read gen 4s .:. 102% do 2d inc.... 70 ■: StL& IMconss. .117% C & Ohio 4%5.108%5tL& SFfg4s.. 90% C & Al 3%5... 82% St L S W con 4s 82% C,P& . - .100% Sea'd A ' Line 4s 88% , C,B& Qnew4s...loo%jSo Pacific 45.... 97 --do col 55....: 96%150 Railway 55..119% bC,CC& ■ StLg4slO2% Tex & Pa lsts. .120% Chi Term 4s rw. 99 • T.StL& W45... -84 Col - Midland 4s. r 74% Union Pac 45... 105 Col ,&So 4s :-:•: 92 3do cony 45:... 117 % Cuba cer 106 IT S Steel 2d ss. 93%. D & R G 45... 101%|bWabash lsts:.llß% Dis Secur 55... 80 — | " do . deb B .... 67 Erie p lien 4a. .101 % | West Md .93% do gen 4s ..- 91%jW& L E 45.:... 95 FW&DCIst... 110% Wis Cent 45.... 91% Hock Val-4%5.109% : ..:-: ■;.--■■- ..' : bßid.y Offered. ' -%. v BOSTON MINING STOCKS ;-. BOSTON. Mass., Jan. 23.—Closing cop per quotations: -Adventure, 6%@7%; Al louez, f 19%@19%"; Arcadian, 1%@1%; At lantic, ; 1G@16%; Bingham, 32%@32%; British Columbia, 6@6%; - Calumet and Hecla, ::-.-. 665@675; Centennial, 20%@21; Consolidated Mercur, ; 34(&)35c; Copper Range. Consolidated, 66@66%; Daly West, , 15%©16; Dominion Coal, 10@12; Dominion Steel. , 18 asked; =.• Elm River, • 2%@2%; Franklln,ll@l2; Granby,s%@%;Guanajua to 5%@5%; Greene Consolidated. 26@26%; Isle Royale, Massachusetts, 9%@10; Mayflower. 1% @1%; - Michigan, 11%@11%; Mohawk; 52@52%; Old Colony. 1% asked; Old* Dominion, 26@27c; Osceola,; 93@93%; Parrot. > 29 asked; . Phoenix,' 2%@3; Quincy, 105@110; Rhode Island, 1%@2; Santa Fe, 2%<8>2%; Shannon Copper~ Co.. 8<§)8%; Swift & Co., 110 asked; Tamarack, 127@ 130; Trinity, 8%@9; United States Mining. --22%@22%; United States 0i1,M0%@10%; Utah, 41%@42; Victoria, wlnona, 114@114%: -Wolverine.no7@lo7%; Wyan dot, 2@2%; M. C.,:4%@4%. •-• : ; -;;. ; . FOREIGN STOCK MARKETS PARIS, : Jan. 23.—The tone of the '. bourse .today - was '■ strongly ■■ affected by the ; news 1 from f- St. Petersburg. There was :a " gen eral lowering of prices at ; the outset and then a slight -reaction followed by renew.-, ed depression.; 1: Toward the close reports ■ that • calm had ,■ been i, re-established -' at . St. Petersburg exerted - a favorable • influence. Rio ; tinto»lost 20 »francs; -^ Russian securi ties were much affected. Russian bonds of i 1904 going off to 494.00. ..-Russian im perial ■> fours were quoted at 87.20. - The private -rate -of:discount • was 2%@2% ■• per cent. -"•:■-■-w-VT-.': :-:-:■'.■' ■"'-■: .-:.,- ~ BERLIN. Jan. 23.—0n the boersp here today Russian securities fell heavily, al though there was not a panicky move ment. The heaviest drop in Russian gov ernment bonds was in 4s of 1869, which lost 4.3; new 3s dropped 1.31, until the official quotation was fixed and later con tinued to decline. Fours of 1902 closed 2.02 below Saturday's figures. The reduc tion in figures above show redactions less than was expected, Russian agents here having supported the buying and St. Petersburg having sent better cjuotations than was expected. ST. PETERSBURG, Jan. 23 (3:20 p. m.). —The situation was reflected on the bourse today in a semi-panic in Industrial shares. The government energetically supported imperial fours and prevented a slump. STOCKS OPEN WEAK v r ON RUSSIAN NEK'S Russian Complications Cause Heavy Selling, Market Standing It Well $ NEW YORK, Jan. 23.-The revolution ary aspect taken on ;by affairs at St ?d ta rSd bis^rhT er the Sunday interval provl ea a disturbing Influence; today in all of the world's markets. The effect was mljtf as acute in Wall street as £n Zy^ other although the results to be expect^ ed in New York would be lessredirect than in European markets. But the Russian crisis proved to be.the deciding factor in S tendency which was already growing• un fesitetfn^ 1»' 6W Yo« rlf towardfa spirit of hesitation suspicion. In fact, when our market opened the day was already sn far, advanced- in St. in time. {hat to the great .difference in time, that thf more tranquil conditions - there were known to be : established. Th" weak' on the foreign stock market! hid S passed away to some extent and effective recoveries had been achieved. Yet price! here.broke a! the way from 1 to 2% no nts for the prominent active stocks in the first few minutes of trading and the contest between the opposing tendencies was not directed in favor of the recovery until the first hour had about expired Europeans Sellers *\H> hOr iC " Wa, s som? substantial effect on in! fids of depression in the shape of sell infor European account in this market which reached unusually large proportions But considerable influence must be allow ed for the overextension of business buy nSi 0 m 1? 6 over,from last week's market and left In a vulnerable position. Efforts to interpret the events in St. Petersburg were confused and varied. The known programme of the revolutionary propa ganda in Russia undoubtedly impresses the financial world; but there was question £& heh5 Su^ ay outbreak was perfect ly identified with the revolutionary move- S?« n H belJ eTOd ,to be in contemplation. Sentiment during the day became more reassuring and there .was considerable rc f^ ery,i T he market was not entirely free from its feverish tone and the disposition was rather to await events than to enter 22 "ew courses. When the time had pass ed for the operations for foreign account towards'rSerr 6''61"' WaS QUltc Clearly Threatened Strike Settled The settlement of the threatened Penn sylvania strike and the' resumption of operations in the Fall River cotton milts contributed cheering influences from the i? dv k str al^. on- The local traction tr£ vi«, } el? advance in sympathy with the rise of Interborough Rapid Transit on the curb to a new high record helped to inaugurate the rally, and Consolidated Gas Joined- the group .on the strength of it ; annual report. The effect of the unprece dented loan expansion of last week by the tHhnHr,Wa^ pa explained away by at n rb"""S it largely to the transfer of loans from the trust companies according to the. usual course when money rates be-, come so cheap as. to be unattractive to those institutions. Weekly discussion by wiii? ad i tramc/ officials confirmed last: weeks impression of a lull in the freight movement both aSt and West and a de cided easing in the car supply. The lower level of railroad earnings dis closed by the reports for the second week in January is thus made likely to be car ried over into the third week returns. On the other hand the open weather con ditions are for the benefit of operating ex penses and the conservation of net earn ings. The selling in the last ten minutes seemed. due to dread of unfavorable de velopments over night and it made sud den inroads- upon the afternoon recoveries. The closing was weak. Bonds were irreg ular. Total sales par value, $6,610,000. United States bonds were all unchanged on : call. ■ -■■■ -; •■ ■ ■;'••: --% MONEYJEPORTS WASHINGTON WASHINGTON, D. C, Jan. '23.— day's statement of the treasury balances in the general fund, exclusive of the $160, --000,000 gold reserve in the division of re demption, shows: Available cash balance, $137,279,899; gold, $56,254,540; silver, $22, --717,042. NEW YORK \ NEW YORK, Jan. Money on call > steady, 1%@2% per:cent; closing bid, 1%; offered at 2 per cent. Time -loans, easy; sixty days, 2%@2% per cent; ninety days, 2%; six months, 3@3%' per cent>-._ Prime mercantile paper, 3%(^4% per cent. Ster ling exchange . strong, with actual busi ness in bankers' bills at $4.87.75<<t4.87.80 for demand, and at $4:85.30<g>4.85.35 for sixty-day bills; :■■ posted rates, $4.86 and $4.88%; commercial 'bills;- x $4.85%. Bar silver, 60% c. Mexican dollars, 47% c." Gov ernment : bonds steady. Railroad bonds irregular. LONDON, Jan. 23. —Money was in quiet, demand and" supplies - were abundant in the market today. Discounts were firm. There was- an indisposition to lend bills freely on account of the uncertain -con dition. - . Prices on the stock exchange were depressed on the Russian news and the : weakness on the Paris bourse, though there were no signs of a disposition to be-• come panicky. Operators have been real- ' izing quietly recently, which partly dis counted the news of the rioting in St. Petersburg. { Prices closed "quiet and un decided with a disposition to realize pend ing further Russian developments. Con sols were flat. S Home • rails partly recov- ■ ered from their opening weakness. ■' Ame ricans started weak. The disappointing New York bank statement-caused real-' izations. The- sagging tendency Increased in sympathy with foreigners and the low er Wall street opening added to the de- ' pression, notwithstanding the efforts to sustain specialties. ■ Trading closed quiet. Foreigners were particularly affected by the political news.". Russians. were freely sold and made substantial -declines." Jap-'-' anese j advanced. Imperial Japanese' gov- a ernment 68/ issue ,of 1904, were quoted " at 98%. V- There were : reports that selling orders, had ; been sent to the United States in the middle of : the afternoon, but' Am sterdam, Berlin and Frankfort ' bought -■ Americans near the close. The buying of Japanese was principally in London, though Paris - and i Berlin . boars covered. Bar gold, 77% d. American eagles, 765. : 7^d. • ' /"*' " " PARIS . \-f. PARIS, Jan. Three per. cent rentes; 97 francs, 87^ centimes for the account. Exchange on London, 25 francs, 13 cen times for checks.-'• ; -,■ '-'--ii' - BERLIN BERLIN,. Jan. - 23. —Exchange on. Lon don 20 t 'marks.-. 45 pfennings;, for "checks^ Discount rates; short bills.V2;-per* cent; .three-month- bills, 2% per cent. Z: :' v>; ■ ELGIN BUTTER .' ELGIN", :. II!.. 5 Jan. 23.—Butter - firm and , unchanged -'at,. 29 %c.,:. Sales * for - the > week . were:437,400:: pounds. ••■"•■ : •