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8 SUMMARY OF THE DAY'S TRANSACTIONS IN THE WHEAT RECEIPTS ONLY 168 CARS CLOSING WHEAT QUOTATIONS AT LEADING MARKETS —May Wheat— —July Wheat — Tuesday. Monday. Tuesday. Monday. Minneapolis $1.15% $1-15% $1.14%-% $1-13% Chicago 1.19% 1.18% 1.01%-% 1.01% Duluth 1.14% 1.14% 1.14% 1.14 St. Louis 1.15% 1.14%-% .96% .96%-% Kansas City 1.06 1.05%-06 .89%-% .89% New York 1.17% 1.16% 1.05% 1.05 PRICES STRONG AND HALF jENT HIGHER Trading Quiet, of a General Evening Up Character on Account of Holiday Minneapolis Chamber of Commerce, Feb. 21. —Trade today has been narrow and greatly restricted, with on\y half a cent range, opening on the bottom and closing on the top. After a rather tame opening, the market developed consider able firmness and a.« the session pro greased became very strong. The prin cipal cau.se of the firmness was the small receipts, notwithstanding the better weather was expected to cause a more liberal movement. Our receipts amounted to 152,000 bu and we shipped 121,000 bu; Kansas City and St. Louis received 95,000 bu and shipped 139,000 bu. This rather re futes the claims of the bears that there is no cash demand for wheat at any of-the primary wheat receiving points. Liverpool was weak and lower, but this had no effect on prices, except on the early curb trading, our May selling at $1.15% on the curb, but by the time of the open ing had worked back to where it closed the day before and the market opened unchanged from the previous closing figures for May, meeting with a moderate demand from both longs and shorts gradually worked up to call price, where selling against calls checked the advance for the time being. All the wheat sold against calls was, gradually absorbed, the market taking the wheat very well con sidering how extreme bearish the crowd have been on wheat the past two or three days. Near the close, traders who had sold calls, started in to protect themselves and rallied the market fractionally by their purchases. ' J The talent are rather mixed on the situ ation, the bears are afraid to go short to any extent, fearing that the bull clique will run the market up on them, while the longs are waiting to see whether they can discover any material liquidating-on the part of the pool. On any signs of weakness the bulls drop their wheat as quickly as they can, while it is the reverse on the bears' part when the market turns upward. But for the fact that there will be no market tomorrow and the scalping pro fessional is inclined to even up traders over a holiday. Instead of making new commitments, there is little doubt but what the closing price would have been somewhat higher tonight. May opened at $1.15%. rallied to $1.15% V*?^ clo? e(\ at * 115 %: July opened at $1.13% and closed on top at $1.14%<TD 114>4; September opened at 94c and closed at !)4Vi@94%c. Minneapolis stocks show a decrease of 250,000 bu- for three days. Receipts 160 cars, against 594 for two days a year ago; Chicago 21. against 59; Duluth 19, against 107;. Kansas City 107 and St. Louis 49,000 bu. Clearances of wheat and flour 53,000 bu. Primary receipt?, 360,000 bu, against 1.131,000 bu two days last year; ship ments. 313,000 bu, against 542,000 bu. Bradstreet reported wheat east of the Rockies decreased 779,000 bu, Europe and afloat increased 700,000 bu; total decrease, 79.000 bu. Liverpool closed %<H>%d lower; Berlin, %c lower; Budapest, lc higher; Antwerp, %c lower; Paris, wheat, 15 centimes higher, and flour unchanged to 30 cen times lower. Broomhall —The following is a condensa tion of weekly foreign crop conditions: United Kingdom—The wheat plant is looking fine. :.\ Germany and —Weather condi tions are rather unseasonable, but crop complaints are not serious. France —Crop conditions are improving and offerings of wheat at first hands are larger. Russia— weather the past week has been variable, but there Is sufficient snow to protect the crops. Arrivals of wheat at the ports are now rather small. Italy, Spain and North Africa—Crop prospects are fair. India—Shippers now say that wheat in the Punjaub is all right. They reported a week ago that this state, which last year raised 115,350.000 bu wheat, had been damaged by cold weather. Liverpool——After opening un changed declines of %@%d occurred, the factors being lower.cables from America, larger Argentine offerings and realizing by small traders. Corn—The market was dull at the opening, with prices unchanged. Trading was inactive during the morning, the only change being a decline of %d in March, which was a reflection of the weakness in wheat. ";: Chicago Cash Business—Millers bought 45,000 bu of wheat in all positions in Chi cago Monday. Included in the lot was 16.000 bu No. 3 spring at $1.11 f. o. b. The ranjje on ear lots of No. 3 spring was $1.10 to $1.13%, and No. 4 at 90c to $1.10. No. 2 red. f. o. b.. was $1.21»£ to 51.22; No. 2 hard. $1.18ffi1.20- No. 3 hard sold at $1.16; No. 3 red at $1.15 to $1.17, and No. 4 red at 77c. St. Louis lost 114 c. with No. 2 red in store at $1.13^%1.13%, and f. o. b. $1.18. Kan sat, City was easit-r at $1.09 to $1.10 for No. 2 hard. Corn sold at %c decline in the sample market in Chicago, with sale for shipment of 100.000 hu. Oats lost V 4 c to »£e. with sales of 50,000 bu. At the MINNEAPOLIS OMAHA Edwards- Wood MAIN OFFICE fl| -^ Fifth and Robert Sti.. Ij Ij ST. PAUL, MINN. (INCOR 3 AT^ B ' "* (INCORPORATED) DEALSRB IN . Stocks. Orain Provisions Ship Your Grain To Us Best Facilities. Prompt Rbtvrns. Liberal Advances. DULUTH ~~°~~ WINNIPEG A. J. CUMMINGS GRAIN COMMISSION Provisions Stocks -"— Eond 3 PRIVATE WIRES Member Minneapolis Chamber of Com. merce, Duluth Board of Trade. Oflice—Main Floor Dispatch .Euildlng. ST. PAUL. Particular Bargains IZ^T&T^^ Arizona ConwlldatedC Bonanza Queen Arixoau Mi.lii^.,,l. Parry Sound romW seaboard exporters sold 150,000 bu, mostly at the gulf for export. Weather Map—The weather map shows a trace of moisture at Springfield and Cairo, 111., and rains in Georgia and Ala bama. No other precipitation south of Canadian line. Mild weather from Min nesota south. Lower temperature is at Springfield, 111.. 22 above; generally clear, except in Minnesota. Illinois and Ohio valley. In the Canadian northwest it Is gini-rally cloudy and cooler, zero to 36 above. General snows; precipitation .02 to .22. Northwest is colder, except in Minnesota. 24 to 40 above. West and Southwest generally clear. Forecast—lllinois. Indiana, Missouri, cloudy tonight and Wednesday. Michigan and Minnesota, partly cloudy tonight and Wednesday, with probable snow flurries. Wise onsin. threatening tonight and Wed nesday; slightly colder. lowa, North and South Dakota. Nebraska, Kansas, fair to night and Wednesday. Indications are for continued mild temperatures throughout this forecast district for several days. Weather mrll] be partly cloudy, but no precipitation of consequence is expected. Minneapolis Range of Prices j I Close I Close I Open. I High, i Low. ;Toduy Y»s. Wht ! May $1.15% $1.16 $1.15% $1.15% $1.15*8 July 1.13% 1.14% 1.13% 1.14»4 113% Sept .94% .94% .94% .94% .94 Oats May ! .29 .29% .29 .29% .29 Closing Cash Grain Prices No. 1 hard. $1.17%; No. 1 northern. $1.15%; No. 2 northern. $1.11%(&/1.12%; No. 3 wheat, $1.04%(&l .05%; No" 1 du rum. 95c; No. 3 yellow corn, 42% c; No 3 corn. 41% c; No. 3 oats. 28%<fi28%c; No. 3 white oats. 29'^e; barley. 3"<&44e; rye. 75?< f; 77>/4c; No. 1 flax on spot, $1.27%; No. 1 flax to arrive. $1.27%; No. 1 flax, February option, $1.i'7%. Puts and Calls Minneapolis May puts, $1.15%#1.15%; calls. $1.16%; curb. $1.15%. Milwaukee May wheat puts. $1.15%; calls $].20«» fa 1.20%; July wheat puts. $1.01%; calls, $1.02%; May corn puts. 46% c; calls. 47c. Minneapolis Receipts and Shipments Receipts. Shipments. Wheat 152,000 120 960 Corn 17.860 980 Oats 22.240 3,020 Rye 4,740 6.640 Barley 1ti,320 46,810 Flax 3.320 1,170 Flour, bbls 57,206 MINNEAPOLIS CASH MARKETS With Exception of Rye and Barley All Coarse Grains Are Higher Flax—Small offering* and an active de mand advanced prices %c No. l flax clos ing in all positions at $1.27%. Receipts 4 cars and shipments 1. Corn —A good demand, with the market active and firmer. No. 3 yellow closing at 42% c. Receipts 19 cars and shipments 1. Oats—There was a much better de mand foj this grain today and a good ad vance was recorded, No. 3 white closing at 29% c. Receipts 10 cars and ship ments 2. Rye—Demand fair and prices un changed at 75%^77%c Receipts 6 cars and shipments 6. Barley—A good demand, with the mar ket firm at quotations, malting selling at 40fffi44c and feed at 37@40c. Receipts 16 cats and shipments U. Feed and Meal—Coarse cornmeal and cracked corn, in sacks, extra, $16.25®) 16.50; No. 1 ground feed. 2-3 corn and 1-3 oats. 80-lb sacks, sacks extra, $16.70*5 i 17; No. 2 ground feed, % corn and % oats, 80-lb sacks, sacks extra. $17.25@ 17.50; Xo. 3 ground feed. 1-3 corn and 2-3 oats. 75-lb sacks, sacks extra $17.75<518. Millstuffs—Bran in bulk. $14.25614.50; shorts. $14.25@14.50; middlings, $16<S> 16.50; red clog, $19. all f. o. b. Minneapolis in 200-lb sacks. $1 per ton additional; in 100-lb sacks. $1.50 per ton additional. Shipments. 3.304 tons. Hay—Reported by Cleveland & Co.: Re ceipts have fallen off so that not enough good hay has come in the past few days to supply the demand. The market is firming up and we believe It a good time to Jet some come this way. Timothy choice. $9.50ftr10; No. 1. $9(ir9.50; No 2 $7.50fc 8.50: No. 3. $6.50(6 7.50; upland, choice. $7.50(5,8; No. 1. $7(fi7.50; No. 2 $€ ftfi.so: No. 3. $565.50; midland. $5 50® 6.50; swale. $4-^Ji; rye straw, tali •',- wheat or oats. U(ws; receipts, 164 tons GASH SALES Minneapolis, Feb. 21 ♦i Np-l Northern— l car $1.15%; .4 cars, •11.4 1 car. $1.15%. . N°. 2 Northern—l car. $1.12; 1 car, fLIIK; 2 cars. $1.12%; 11 cnrs. $1.11% 1 <*£ |1-12%: 2 cars. $1.12%;; l car $1.11 3 oars. $1.13; 1 car. 51.12U- % ■*Jp. 3 wheat— 8 cars, $1.05%; 1 car, soft, li'ftii V cars - 51.06: 3 cars. $1.04 1 car. f 1 05 1 car. $1.08%; 1 "car.-11.08; 1 car frost, $1.03%; 1 car. $1.09r No. 4 Wheat—] car. 88c; 1 car. $1.07: 2 cars. _93c: 1 car. 97c; 2 cars, 96c; 2 cars fro»t. Soc; 1 car, 98% c; 1 car, 95c; 2 cars $1: 1 car, 108 c. . ■«. .-. Rejected Wheat—l car. 60c: 2 cars. 70c; 1 car, 65c; 3 cars, 90c; 1 car smut. $1.05: 1 car. 83c; 2 cars.. Sic;" 2 cars. 85c; 1 ear, <4e; 2 cars, 76c; 1 car smut. $1.02; 1 car. 93c; l car. «6c; 2 cars. 55c: 2 cars..B7c; 1 car thin and dirty, 60c; 2 cars, 80c;-l car. $1.05; 1 car. 75c; 1 car frost. 72c. No Grade Wheat—l car.-fl7c; 1 ear 70c part car. 70c; 2 cars. 90c; 1 oar. 95c. No. 3 Yellow Corn— 3 cars, 43c i No. A Corn—2 cars 42c; 2,000 bu to ar rive. 4o^»c. No. 4 Corn—4 cars, 42c. No Grade Corn— cars. 42c; 1 car, 41% c; 1 car. 41c. ' " ' No. 3 White Oats—2 cars. 2!>%c- " cars 29% c; 5,500 hu to arrive. 29c. j^.:: . " No. 4 White Oats— cars, 29c; 1 car, 2S?4C No. 2 live— 1 car thin. 7*u>c No. 4 Barley—l car 39c; "l car, 40c; 1 car. 40V,,.; i car, 39% c. ■ No. 3 Feed Barley— 1 car, 3S^c; 3 cars. 38c; 2 cars. 40c. , - - . .■ - No. - Feed Bailey—2 cars, 38c. Sample Barley— bu to arrive. S9c Rejected Flaxsced—l car, $1.25. " / STATE GRAIN INSPECTION " Inspected In — Wheat — Cars — Great Northern—No. 1 northern, 28; No. 2 north ern,- 73; No. 3, 78; No. 4, 99; rejected 43; no grade. 14. ■ " Chicago, Milwaukee & St. Paul—No 1 .northern. 1; No. 2 northern, 5; No. 3 11- No. 4, 23; rejected. 23. . : Minneapolis & St. Louis—No. l north ern, 7; No. 2 northern, 6: No. 3 1; No 4, 2; rejected, 1. Soo Line—No. 2 northern, 5; No 3 15; No. 4, 6; rejected 10. Northern Pacific—No. 1 northern. 3- No 2 northern, 3; No. 3, 10; No. 4, 9; re jected. 6. . . „ : Chicago, St. Paul, Minneapolis & Oma ha—No.: 1 northern, ■!; No. 2 northern 8: gradfe '3 3: No '*- b; re3ected> 14; no Totals—No. 1 northern. 43; No. 2 north •?»•&& iV 4: N(44> H4:reJecte* Other Grains— No. I .whiter. wheat. I; rejected winter wheat. 10; s mixed wheat 3; western .wheat, 35: No. 3; yeiiow corn. 10; No. 3 white corn. 2; No. 3 corn, 9; JSo. 4 corn, 14; no grade com. '»■ No I white oats. 4; No. 3 white oats. 12; No. 4 white oats, 14; N0..3 oats. 4; No grade pats. ,; No. 2 rye. 6; No. 8 rye, 1; No 3 barley, 1; No. 4 barley. 2fi, No 1 feed bar ey. 17; No. 2 feed barley. 15 No 1 northwestern *tax. 7; No. l- flax VS- re jected ilax. 4. . - ' ' Cam Inspected Out—No. i' northfrn wheat. IS; No 2 northern wheat. <>3-.No o.wheat.l22; No. 4 wheat. n • rejected ' wheat. 65; mixed wheat. 2;. No* 3 yellow corn l : No. I corn, S;. No 4 ccrr. yJ-'no grade corn. I; No. 3 white oats. 4; \o 4 .white oat«, 2; Nu.. 4 barley. 13; No i THE ST. PAUL GLOBE. WEDNESDAY, FEBRUARY 22, 1905 feed barley, 1; No 2 feed barley, 6; No. 2*rye, 8; No. 3 rye, 1. SPECULATIVE GOSSIP Chicago. to Edwards-Wood - Co.: Stock shippers from various parts of Illinois and lowa state that the farmers have fed or sold a large part of last year's , corn crop, and many of them say that as much as one-half, or even two-thirds, of the com has been disposed of. Some large feeders have - fed all . their corn and are obliged to purchase corn from other farm ers. Sales of corn have been especially, large by farm renters, as usual,' and own ers of farms living in town are less eager to sell their grain, although some old time successful farmers sold their oats last autumn, when prices were high, as high as 32c per- bushel being obtained. Early sellers took the view that the ex tremely large crop. of oats reported by the government meant lower prices later on, but farmers are largely holding their oats for better prices. . Southern lowa stock feeders have been buying a good deal of corn from other parts of the state, and Missouri feeders have bought freely from Nebraska holders. ' The price: of corn varies widely, according to ■ the lo cality, selling in Central Illinois around 38c per bushel, as high as 40c in Eastern lowa and as low as 32c in Central lowa. Farmers arriving from lowa claim that the government report exaggerated the size of the corn crop, with many sections showing yields of from 35 to 60 bu per acre, where talk was for 40 to 75 bu. Chicago— has been quite a gen eral covering of corn this morning, occa sioned by the report that the Western roads. are to have a meeting here today and try ; to settle their differences and re store rates from the West. There has been very little corn on the market all day and the undertone is quite strong. New York—lt is claimed thrft 1.500.000 bu May wheat was sold out here re cently, which they attribute to the Wall street bull interest. Part of it was sold in the open market' and the balance on calls. • Chicago— market opened steady, with very light trade and without any special feature. Market has 'showed a shade of strength since opening in sym pathy with corn on buying by Buckley, W. & L. and the locals. Market now steady. Chicago—The result of a careful can vass of Central and Northern Illinois points, covering Peoria of the Big Four railroad between Danville and Peoria. Illinois Central railroad. Kankakee to Mattoona. and to La Salle. Champaign, to Havana. Kankakee to Bloomington di dision and Chicago & Eastern Illinois. Watseka to Shelbyville. places the re serves of corn in farmers* hands at 29.3. a reduction of 20 per cent since the Ist of January. The same territory gives the reserves of oats as 19.2, a decrease of 4.2 per cent. If . these figures are anything of a criterion as to what is going on In corn reserves, no wonder corn is advanc ing. . . _ ■ Montreal says: Ogilvie says a strong demand for flour. Large sales for ex port at satisfactory prices. Kansas City—Line houses report this morning that snow Is rapidly going off and the green wheat commencing, to show. None of them is of a bullish na ture, and although of course It is too early to claim no damage done during the winter, the feeling here is extremely bearish on ' new crop futures. Chicago— T. Gifford, who has return ed from Nebraska. says: "Nebraska Grain Dealers' association reports 25 per cent of the wheat back in farmers' hands. ' Three elevators also have 460.000 bushels. Ele vator lines report large wheat stocks, no demand at all. and In order to make sales have to reduce prices 5c to 10c." Chicago — Private elevator stocks: Wheat 2.302,000. decrease 31.000: corn 4. --655,000, increase 64.000; oats 2,579.000. de crease 162.000. Chicago contract stocks: Wheat— 2 hard. 1.009.059; No *> red winter. 271.541: No. }"northern. 2.500; to tal. 1.303.550; decrease 26.062; corn 2.133. --763. increase 20.725; oats 694.396, increase 75.000. .-• Kansas City wires: "Cash corn situa tion is very strong here. Don't look for any larger receipts. Cash corn all cleaned up; now 47c bid." Chicago—Trade in wheat Is extremely dull. Market helped by the recent bulge in corn. It had previously had a tem porary weak spot the cause of the poor showing of Bradstreet's. . Chicago— who a while ago bought cotton" seed oil and sold lard are going out of their trades. Lard Is lower than they sold it and oil is higher than they bought it. : .. . New York—Ocean room for corn is in better demand, larger engagements having been made the past few days than at any time In the last thirty days. Rates are Id per.bushel from New York to Liverpool and l%d to London. New York—To A. J. Cummings: "The confident manner with which the specula tive and investment public have started the week demonstrates very convincingly that not only is the end of this remark able bull movement not yet in sight, as those who continually harp on high prices would have us believe, but to the contrary the experienced Wall street man sees sig nificant signs . in the . market's technical character clearly indicating a substantial upward movement for some time to come at least, until tightening of money rates is nearer to view than it is now. or until some happening which cannot possibly be foreseen at the present time, to adversely affect all stocks alike, irrespective of in trinsic value. MINNEAPOLIS FLOUR MARKET A Fair Demand Reported and Prices Firm at Yesterday's Decline Local millers report the demand for flour as fairly good, while shipping direc tions are coming in fairly well on old or oers. Some of the outside millers report the demand as good, although one of the mills at St. Louis closed down today, it is said, on account of the poor demand. Shipments. 57.206 bbls. First patents, $6.30<&6.50; second pat ents. $6.15<&6.30; first clears. $4 ttO4t.3S; second clears. $2.60<&>2.70. (These are all f. o. b. In wood.) ST. PAUTpRKETS Feed and Meal— Coarse cornmeal and cracked corn, ton, $16.50; ground feed. No. 1. two-thirds corn and one-third oatfl $16.75; ground feed. No. 2, half corn and half oats. $17; ground, feed No. 3. one third corn and two-thirds oats $17.25. Bran and Shorts—Bran in bulk. $14.50; bran in sacks, 200 lbs. $15.25; bran in sacks. 100 lbs. $15.75; standard middlings, in bulk, H4-M; standard middlings, jim 1b sacks. $15.25; standard middlings. 100 --lb sacks. $15.75; middlings flour, bulk, $16.o0: middlings flour. 100-lb sacks $17 50; oil meal, per ton $25. Hay—Receipts. 4 cars; choice prairie. $8.50; No. 1 prairie. $7.50« iv No I lirnirie, $6.25<f?6.5f': No. 3 piairie. $4'iio; No. 4 midi;ind. $4.75« i 5.5"; No. 2 midland. $4.50tfi5: choice timothy. $9.50; No. 1 timothy. $8.50@9; No. 2 timothy. $7<?i7.50; No. 3 timothy. $5'2;6; No. 1 doTer hay. M.5607.M; No 1 clover hay. mixed. 1707.M; No. 2 clover hay. mixed. IS.SOfi fi: packing hay. $4«i4.50: no grade. $2.50 'n:\: rye straw, |S.7«GC; wheat and oat sti;.w. $4.23^5. Flour- Patents, firsts. $6^6.10; patents, seconds. 15.M95.M; dears, f'njsts. $4 ."."'d 1 4.70; red dog. per ton. 140-lb sacks. $19.50. I MISSION GRAIN and STOCK BROKERS WeOhargo Ko In ere- 1 for ■■ \ Carry ig Long tocks CENE'AL OFFICE*v KEW YQ.IK UFt tUkOMB. KMIirARUS, Ml» BT. P U. BRANSH, ROOM 0, END COTT ARCAOC* v r 2CI nocvTr wuini. N. B.—W« will sand you our dtV.r -rk*t letter upon request. < February 22d t Washington's Birthday : Being ♦ a Legal Holiday * All Markets Are Closed corn AND op ARE MORE -■ ACTIyjE Shorts in All . Grains Cover Rather Freely, Causing a Fractional Rally CHICAGO. Feb. Decrease in primary receipts, due largely to impassable country roads, caused a net advance. of %ftV»"c today In prices for wheat. Corn shows'a gain of %©%e. Oats are up-%c. Provi sions are unchanged to 5c higher_ ,\\- ' Wheat • Strength in the wheat maiket devel oped soon after the opening. At the start the market was bearishly affected by a decline at Liverpool, said to be caused by larger offerings from Argentina. Initial quotations on May were unchanged to V lower, at $I.lS=, to $1.18%. July als., was unchangHl to i»c lower, at $1.01% to il 01 r \ Trading was confined largely to the July delivery, although some shorts covered May on all slight declines. The demand for July at times was of such a character as to suggest that the maiket was receiving support from a prominent ouii trader. As the session advanced sen timent in the pit became more bullish, little improvement, however, was noted in the volume of business. Marked falling off in J? rlmary receipts had a strengthen ing influence during the last part of the day. Strength of corn helped stimulate a m. and for wheat. Statistics of the world ■ visible supply proved a disap pointment to the bulls. Bradstreet's re port showing a decrease of only 79 000 bushels, as against a decrease of '3.644 000 bushels a year ago. Prices, however. ' reached the highest point of the day just before the close. May sold at $1.19% and July at $1.01%. The market finished strong, with May at the top at $1.19%. Final quotatlons on July were $1.01 Clearances of wheat and flour were equal to 53.200 bushels. Primary re ceipts were 369.000 bushels compared with 1.131.000 bushels (2 days) a year ago. Minneapolis. Duluth and Chicago reported receipts of 200 cars against 525 cars last week and T6O cars a year ago. * Corn - Shorts were fairly active bidders for corn, and in consequence the market gain ed In strength as trading progressed. The main cause of the renewed activity among shorts was a rumor that, owing to the failure of a reduction in freight rates to increase the movement of corn, former rates wen- to be restored. A decrease of l. 90.000 bushels in the visible supply as compared with an increase of 100 000 bushels last year was an additional bullish influence. The market closed practically at the highest point of the - day May ?Pf/£ <Li mchan«i ed to a shade higher, at 46^W46agc to 46% c. sold up to 47c and closed at 46% c. Local receipts were 314 cars, none of contract grade Oats rr,A. firm undertone prevailed in the oats market the entire day. Pit traders were bullishly inclined owing to a rumor of the restoration of former freight rates which would tend to check the free ! movement of the grain. The volume of business, however, was light. Some of the more timid shorts covered. May opened unchanged, at 30% c, advanced to 31 >ie and closed at 31 %V Local receipts were i JJ cur**. Provisions Early in the session an easy tone was manifested in provisions, owing to selling by commission houses, but later, as a re sult of strength in corn, shorts covered moderately, causing a firmer undertone. At the close May pork was up 5c at \h %-.w Lat6 was up 2^sc at $6.92%<D> 6.95. Ribs were unchanged at $6 82% Estimated receipts for Thursday: Wneat. 7 cars; corn. 178 cars; oats.' 97 cars; hogs. 44.000 head. . - The leading futures ranged as follows: ■ I Open. I High. | Low. | Close. Wheat— j j ~ i May $1.18%;51.19% $1.15«i;51.19% Ju'y i.oi% i.oi£ i.0i%l 1.01% Co ß rn Pi 9-'H .92% .92% .92% Feb 441/ May 46% .47^ .46% :4.i% July 47 .47% .47 .47% ofts— ■'■"• •47 ' i .47% .47% .47% Oats— Feb ; 3ot/ ■ May 30% .31% .30% isiii vl >- 30«4l .31 .30% .31 Porte- "•'■ ' -9'<* •*»% .29% •"■*'* Feb •■••' ' ' 12.62 V. May ..... 12.77%. 12.55 12.77% 12.82% July ..... 12.92% 12.97% 12.90 12.97% Lard— Feb g 7714 May ..V. 6.90 6.95 6.57% 6i95 R^l}^_ 7.00 7.05 7.00 .7.05 Kids— E* 6.60 j 6.62% 6.60 6.62% May 6.80 6.82% 6.80 6.52% July 6.95 ! 6.97% 6.92% 6.97% Cash quotations were as follows: Flour steady. No. 2 spring wheat. $1.1501.20; No. 3. $I.lofi-1.18; No. 2 red. $l.lS*i@ l-201^- No. 2 corn. 44% c; No. 2 yellow. «£. .No 2 oats.-30%c; No. 2 white. 32% ©32% c; No. 3 white. 30%<g315;c. No 2 rye. is@77c. Good feeding barley. 38c: fair to choice malting. 43@46c. No. 1 ♦,ao?f, ed> $1.18%; No. 1 northwestern. $1.26%. Prime timothy seed. $2.90 Mess y£n k it per..b>l *l--ti-^@12.65. Lard, per 100 l!>s. $6.776.80. Short ribs sides (loose). $6-62% 6.75: Short clear sides (boxed). $6.7566.87%. Whisky, basis of h*gh wjnes. $1.23. Clover, contract grade. $l-.o<>. Receipts— Flour. 20.500 *bbls; wheat. 53.000 bu; corn. 351,800 bu; oats. 269 700 bu; rye. 3.000 bu; barley. 123.800 bu. Shipments—Flour. 20.200 bbls; wheat. 41.i00 bu; corn, 217.700 bu: oats. 131,000 bu; rye. 2.000 bu: barley. 27,000 bu. On .the produce exchange . today the butter market was firm: creameries. 24034 c: dairies 24 30c. Eggs—Steady; at mark. ca,ses Included. 24 ii 27% c: firsts. 27c; prime n^T';:.•,,- 91-; extras>- 31c Cheese—Firm at liv-i 13 %c. OTHER GRAIN MARKETS NEW YORK New York— Flour—Receipts. 17.499 bar rels; exports. ]0.557 barrels; market dull, but - firmly held. Rye Flour—Steady. Buckwheat Flour— Quiet. Cornmeal— steady. Rye— Nominal. Barley—Quiet. \\ heat—Receipts. 10.725 bushels; spot, firm; No. 2 red nominal elevator; No I V? . •-41 * f o.b. afloat; No. 1 northern Duluth. *l.:!7Vi f. o. b. afloat; No. 1 hard Manitoba. $1.12 f. o. b. afloat. Options- After opening a shade lower on account of poor cables, wheat turned stronger and was well sustained all day. especially In New York, on a scare of shorts and bull support. Last prices here showed *i«l%c get advance, the outside on May. May |l-1f01.17%. closed $1.17\; July, $1.05@ l-05*4,- closed $1.05%: September, 95H0 96c. closed 96c. Corn—Receipts, 110.725 bushels;-exports. • 74,402' bushels; spot firm: ■ No. 2. 56c • elevator and 54c fob afloat; No. -2 yellow. 54c; No. 2 white 54c. Option'market was fairly active and strong on Rood local and outside demand with, the West closing to \c net higher.- May.- ol^fiai'c. ekwed 52*4 c; July closed 52% c. : Oats— Receipts. 94,500 bush eLs; exportß. 21.559; spot, dull; mixed. 2C to 32 pounds. 37€r38c; natural white. 30 to 32 pounds. 3S@3S}4c; clipped white. M to 40 |K>unds. 3SH@4l»£c. - DULUTH Di:iuili. Minn.—The market made a' net gain oX >•« today, with extremely dull dealing. May opened unchanged at Jl-14^. advanced %c and closed at $1.14^. Duium advanced another cent. Rut gained %c. Receipts—Wheat. 19 cars; {£*' u> com. 1; oats. 9. Shipments- Wheat. 4.636 bu; barley. 1.608 bu: cars on track, lo Close: Wheat, cash No. 1 northern. $1.13^.; No. 2 northern. J1.07H to $1.11; May. $1.14%; September, 94c1 durum. 96c_ to 96c; flax. J1.27^; oats. ST. LOUIS St. Louis. Mo.—Wheat—Higher; No 2 red ca-sh elevator. $1.14',; track. H.l7fi 1.18: May. $1.15*91.15%; July. 96% c; So. 2 hard. $1.141x1.15. Corn-Higher? No 2 cash. 44^c; track. 45>A<S4»;e; May *bik& 45Vic; July, 46c. Oats—Higher;' No 2 cash. 31 Vie; track. 326 L32^,c; May 31V4® 31% c; No. 2 white. 33<&33Vfee. KANSAS CITY Kansas City. Mo.—Wheat—Firm; May $106; July. 89*4(&89"*c; cash Xo. 2 hard. $1.09(31.10%: No. Z. $l.it3<al.uß: No 4. 98c fcslo6; No. 2 red. $1.10(91.13; No. 3, $1.07 61.08; No. 4, $1®1.06. Corn—Firm; May, 44% c: July. 44%ftp44%c; cash No. 2 mixed. 4<c; No. 3. 45^<fit47c; No. 2 white. 47c; No. 3. 46%(??57c. Oats—Film; No. 2 white, 33>/4c; No, 2 mixed. 33c. MILWAUKEE Milwaukee. Wis.—Flour—Dull. Wheat- Steady; No. 1 northern. $1.18; No. 2 north ern. $1.15; May, $1.19* asked; puts, $1.154 «1183* asked; calls, $1.20»*. Rye— Firm; No. 1. .83% c. Barley—Quiet; No. 2. 52c sample. SlfvhQc. Oats—Firmer; standard. 32%G52%c. Corn—Strong; No. 3. 44945 c; Way. 46"ic asked; puts. 46^»c; calls 47c bid. LIVERPOOL Liverpool— Wheat—Spot. nominal: fu tures, quiet; March. 7s ',d; May. 6s liv 4 d; July. 6s 11 %d. Corn—Spot. Urn; Amer ican mixed, new. 4s 2d; American mixed, old. 4s ll%d; futures quiet; March. 4s l%d; May, 4s 2V-d. DAILY WHEAT MOVEMENT The following are the receipts and shipments at the principal primary wheat markets: Receipts. Shipments. New York 10.725 Baltimore 067 Toledo 13.000 S.OiJo Detroit 2.144 St. Louis SMM 74,000 Chicago • 53.000 41.720 Milwaukee 35.200 2.640 Duluth 17.552 4.636 Minneapolis 152.000 120.960 Kansas City 45.000 64.800 Coffee and Sugar NEW YORK. Feb. 21.—The market for coffee futures closed steady, net 5 to 15 points lower. Sales were reported of 139.250 bags, including: March at 6.65<U> 6.75 c; May. 6.95^7.00; July. 7.20@7.25c" September, 7.40(fi 7.45 c; October, " 7.55 c; December. 7.60@7.65c; January. 7.65' ii 7.75 c. Spot Rio. quiet; No. 7 invoice, 8V 4 c mild, quiet; Cordova. 10<ft 13c. Sugar—Firm; fair retining, 4^c; centri fugal, 36-test. sc; molasses sugar. 4>.r refined, steady. PRODUCE MARKET Butter — Creamery — Extra, 31@32c; firsts, 2S®29c. Dairies, extra, 240*tc; firsts. 23<2 124 c. Renovated. 27®27%c; roua and prints, fancy. 23@2»c; rolls and prints, common. 21@22c; packing stock, fresh, 22c; grease. 4c. • Cheese—Twin, fancy. 12£ c; twins, or flats, storage. 10@ll%c; Young Americas fancy. U#l2%e: brick. No. 1. 13%«{>14c; brick. No. 2, 10@llc; limburger. No i. new. 14c; primost. No. 1. 8c: pultost. 10c; Swiss cheese. No. 1 wheel. 14@14%c; Swiss cheese. No. 2. wheel. 13c. Eggs— Fresh marked, cases included 23 ©24 c. Beans—Choice to fancy, navy, per bu. $1..35@1.55; brown, fair to fancy, $1.75® —Yellow peas. $1.25. - Potatoes—Home grown, car lots, 30@ 35c; sweet, bbl. $3.25. Vegetables—Beets.. per bu. 40c; beans. wax. box. $5; cabbage, per cwt, 50c; cauli flower, crate, $3.50(§3.75; carrots, bu, 40c; celery, home grown, dozen, 2550 c; Cal ifornia, crate, $4.75; cucumbers, dozen. $2;" lettuce, box. 60c; mint, dozen 40c; onions, dozen bunches, COc; onions, cwt. $1.<5; parsley, dozen. 40c; radishes, doz en bunches. 60c; rutabagas, bu, 40c; tur nips, 40c; tomatoes, Florida, 6-basket crate. $5@5.50. Grapes—Malagas, keg. $siaC.sO. ■ Apples— varieties. $2.75<ii4; west ern box apples. $1.25fg>2.25. Cranberries— $7.50® 11. Bananas—Per bunch, as to size. $1.50® 2. ou. Lemons:—California, per box, $3.25® 3 .50. Oranges—Seedlings. $2; Florida. $2.50; California navels. $2.50^3; Florida grape fruit; $6.50«7; California grape fruit, -$3.so'rj ; . ■■'<•: Dressed Meats—Veal." fancy, $7@7%c; fair to good. 6<&6%e; mutton, country dressed, 7%@9c; fall lamb, round dressed, lOOllc. .... Hogs—Country dressed. 5%(Q'5%c. Crappies. s@Bc; pike. 7%c; pick erel. 4%@5c; sunfish. perch, etc., 4%c; frog legs, dozen. 6@Sc; Lake Superior herring. 4<fM%e. Frozen "poultry lc and 2c less than above. . - CHICAGO PRODUCE CHICAGO. Feb. 21.—Butter—Firm: creameries. 24(533c: dairies, 24(®30c. Rri?!» —Easy: at mark, cases included. 2327 c ." Checse^— Firm: daisies. 13c; twins ~ 12c* Young Americas, 13^c. Poultr>—Live steady; turkeys. 14c: chickens. l^c; springs. 12% c. Potatoes— Firm: burbanks 33@3ac: rural?. 32W34C. Veal—Easy 5u to-60 pound weights. s»4tfi6c: 65 to 75 pound weights. 6t&®7&c; 80 to 125 pound weights. 7%@8%c. NEW YORK PRODUCE NEW YORK. Feb. 21.—Butter—Firm, unchanged: receipts. 5,074. Cheese —Firm unchanged: receipts. 575. Eggs—Weak: leceipts, 3.469: state. ' Pennsylvania and nearby, fancy selected white. 33(fi34c; state. Pennsylvania and nearby, choice. 31@32c; mixed extra, 31023 c; western firsts. 30c; western seconds, 2"y.if«;2Bc; southerns, 24@30c; refrigerators, 23 r <i ite. NEW YORK COTTON XEW YORK, Feb. 21.—Cotton futures closed steady: February. 7.57 c; March, 7.58 c; April. 7.52 c; May, 7.52 c; June. 7.53 c; July. 7.54 c: August, 7.57 c; September. 7.59 c: October, 7.<>3c: November, 7.63 c; December, 7.65 c. Spot cotton closed quiet; 10 points higher: middling uplands, 8c; middling gulf, 8.25 c; sales, 33 bales. \ : O'Connor <8b Van Bergen : Ijpttil Brokers \^iL\ ! ' 202-203 Cermanla Ufa Bolldlne. 4th and Mln- | ' nesota Sta.. St. Paul. Minn. Members Chtear? , i Board of Trad*. Direct Prlrat* Wires. i M. DORAN & CO. Established 1869. . BANKERS AND BROKERS -The oldest, strongest and most reliable house in the Northwest dealing In Stocks; Bonds, Grain and Provisions. Correspond ence solicited. Members Chicago Board of Trade. Germania Life Insurance Bids.. St. Paul. Minn. R. E. COBB Butter —Eggs—Poultry We Buy Hand Separator Cream 19-33 EAST THIRD STREET S. B. SHOTWEU C CO. . GRAIN-STOCKS National German American Bank Bulging Clias. L. Haas Commission Co. ; Ltre St3=k Cotnmlsslon Ms-chsr.ts- RoDn 10. Exchante B.dt-. Urt;n Stoce Yards. S» i.j. raul. Minn.; and Union Slock Yard*. Chlcao, 1U kU«xai *dTsac«a m«4c en rat"<r'tni>- - GREAT NORTHERN PREFERRED AT 300 -^-* ~ .--- : DOMESTIC MONEY MARKETS _ „ New York ~ Minneapolis Call money ......-.2% ©2% per cent • New York exchange: Selling rate Sixty-day sterl ........ $4 •85 .10 $1 premi ; buyinf rate sof pre-' Bar silver . ..61 mium. Chicago exchange: SeUing _ Washington rate. SOc premium; buyine rate roo Treasury gold reserve.. .$150,000,000 premium. London. yfdav si«ht Cash balance 7.. 138,056,361 documentary exchange 54%! BANK CLEARINGS TUESDAY St- Paul ••'•:, .5917,813 ! Minneapolis $2,945,017 GLOSIN6 STO3K LIST Quotations furnished by Edwards-Wood Co., main, office Fifth and Robert streets, St. Paul. ~ ~ i i i i Bid __; |Sales|High|Low!Close Atchison 20900 "89% S*S"% " 80% . <|o. pfd > 4200 103% 102% 102% Atlantic Coast Line, 1 300 121% 121% 120% Baltimore & Ohio.. 29100 106 105U 105% do-pjd ! 300! 97% i 97V 97Vi Canadian Pacific... I 7000137% 137 137% Central of N. J I 400 201 201 200 Ches. . & Ohio j 4400 51%: 51% 51% Chicago & Alton... 100 41% 41% 41% do pfd ■ j. .. * so " Chi. Gt. Western..: 9900; *24% 23% 24V1 Chicago & N.-W. .. ; 2200 23S 237% 237% C-.M- & St P 20S00 178% 177% 177% Chi. Term. & Trans 800 ; 18V 18 lx-\ do pfd j 500! 33% 33 33% C.. C. .C. & st. L.| 3600 100 98% 99% Colorado & Southern 2200 26% 26 26 do Ist pfd I 100 63% 63% 63 do 2d pfd : 300 1 37% 37 37 De aware & Hudson 4800 194% 191% 192 V. Del.. Lack. & West. 200 358 357% 355 " Denver & R. Grande! 200 33% 33% 33 do pfd ! 700 i 8S " 88 " 88 ErJe i•;•••« l BSSOO l 45% 45% 4:''- do Ist pfd... : 10300 80% SO% SO»4 TT do 2d pfd 5300 66 W G5% 65% Hocking Valley ... 500 92% 91% 91% Tiido «pfd, 500 91% 91 91% Illinois Central 5600;159>< 158 158% lowa Central 300 29% '9 "9% do pfd ....V ;. .:... 551Z K. C. Southern 1100 31*! 30% 30% do pfd'.. ! 6900 67 tiG '■„ 66% Louis. & Nash | 2700 138% 138 13S " Manhattan L 4300 172% 172 172 Met. Securities \ 2900 82. :81 81% Met. Street Ry | 8800 121% 120% 120% Mexican Central ... 6000 23 22% •»•»«£ Minneapolis & St. L. 55 M..St.P. & S.Ste.M. 3300 105 104 104% do pfd ; i 15s Missouri Pacific ... 37700 10S% 107% 108% Mo.. Kan. & Tex ; 6200 32>4 Sl% 82% do pfd I 4600 66 i 64% 65% N. R. R. of M. pfd. 100 41V4 41% 41 \L New York Central.. 11900 148% 147% 14S»Z N. V.. Ont. & West. 77600 55% 53% 55% Norfolk & Western. 6300 84 - 83% 83% Northern Securities. 11000 162% ;161 161% do pfd 200 93% 93 92 " Pennsylvania 35000 140% 139% 140 P.. C. C. & St. L...1 '.... * ..... SO% Reading 189500 96% 94% 95% do pfd ;.. ■ 100 92 :92 91% do 2d pfd .'. ! ; 1 90% Rock Island Co 21»00 35% 34% 34 " do pfd 500 81% 81 81' i St. L. &S.F. 2d pfd 100 70% 70% 70% St. L. S. W 500 26% 26 26% do pfd 800 63% 62% 63 Southern Pacific ... 61300J 69% 69% 69% do pfd 1400 119V4 119% Southern Railway .. 28400 35V 34% 34% do pfd 300 97% 97% '.'7 1 Texas & Pacific 32300 : 38 36 37% T.. St. L. & W i 400 37% 367 36% " do pfd * : 9500 56V 56% 53% T. C. R. T ' 105% Union Pacific 289300 134 129% 133% do pfd : 2800 101% 10114 101 Wabash 2000! 23 22% 22% do pfd ! 2700 47 ! 46 V 46% Wheeling & L. Erie 19 Wisconsin Central.. 1600 24% 24% 24% do pfd 2500 53% 52 53% Amal. Copper 118100 77% 76% 77 X Am. Sugar Refining. 21800 145% 144% 145% Am. Tob. pfd.. ctf.. 300 97% 97%( 97% Brooklyn R. T .. 25100 63% 62%1 62V> Col. Fuel & Iron 22600 52% 51% | 52 People's Gas - 3200 107% 107V4|107% Republic Steel 31000 20% | 19% 20% «lo pfd 113600 80 1 77% 79% U. S. Steel 137200 33% 3;P« 33% do pfd I 4200 95% 95% 96' Western Union : | 400193% 93 , 93 Total sales for the day. 1,800,000. NEW YORK BONOS U Sref 2s reg.. 104 Japan 6s. Ctfs..lol% do 2s coup ..104V6 L & N uni 45...103% do 3s reg lU3%,bMan c gold ts.lOfK do 3s coup... 103?*IMex Cent 4s 74^ do n 4s reg... 131 V do Ist mc 28-% do n. 4s coup.l3l%|M & St L 4s 98 do o. 4s reg. 10a MX & T 45.... 101 do o 4s c0up.105% do 2ds 86 Am Tob 4s. ctfs 75% N R X of M c 4s 82?4 do 6s. ctfs...ll6£ N V C g 3%5...100 Atch gen 4s 10414 bN J C 55.... 135% do adjt 45.... 97 Nor Pac 4s l(io«A A G L. 4s 103' i! do 3s 77U B&O 4s 105 N& W C 45.... 104 do 3%s 95 OSL rfdg 45... »7% Cent of Ga 55.. 115 Perm cony 3%5.104% do Ist Inc ... 92% Reading gen 45.102% do 2d mc 69 bStL & 1Mc55..117 C O 4%s 109*4 StL & SFfg4s.. »1% bC & A3%s 82% St L. S W c 45.. 82% C B & Q n 45..100 S A L 4s 9iy> C R I & P 45.. 82% So Pacific 4s 96% do col 55..... 96% So Railway 55..120 CCC & StLg4s.lO3 ' fT & P lsts 123 bChi Term 45.. 97 TStL & W 4s. 84% bCol Mid 4s 75 Union Pac 45...106 Col &So 45.... 92-% do cony 4s 133*4 Cuba 5s ctf5...107% U S Steel 2d ss. 94% fD&RG 45...101% VVabash 15t5...118% Dis Sec os 79l d 6 deb B 70>4 Erie p 1 4s. 101% West Md 4s 92% do gen 4s 92% W & L X 4s 95 " P W & D C 15t.110% Wis Cent 45.... 94 hHock Val 4%5111»{,| bßid. fOffered. BOSTON MINiNB STOCKS BOSTON. Feb. 21.—Closing copper quo tations: Adventure. 7^.7'i; Allouez. '^■'.'•i 23%; Arcadian, 1%>02; Atlantic. 17%.f5 17%; Bingham. 33®33%: British Col, 5Ca! 5%; Calumet and Hecla. 6900692; Cen tennial. 21@21J<i; Consolidated Mercur. 36 <©40; Copper Range Consolidated. 71%<fi> 72^4; Daly West. 17% <&15; Dominion Coal, r,:,i t;ti^; Dominion "Steel. IS«TtI9; Elm River. 3®3V4: Franklin. 11% 18 12; Granby. s'; Guanajuato. 3%<53%: Greene Con solidated. zw\.'<i : Isle Royale, 26@26& Mass.. 12%&13; Michigan. 14%#14%; Mo hawk. 55'<t5:<^i: Old Colony. 1*4@1%; Old Dominion. 27%4?27%; Osceola, 9:i^'ft94; Parrot. 29fi)30; Phoenix. 2%<5)3; Quincy, lOSftlll; Rhode Island. 2%02%: Shannon Coppei company. B%ftiS%; Swift & Co.. 110%ftlll%: Tamarack. 13001S3; Trinity. lli4<Sll%; United States Mining. 25>i@ 25%; United States Oil. 9%<g:10; Utah. 42^<ft42»4; Victoria, 5%(f?5%; Winona. \ZV, (ftl3^.: Wolverine. 11S^119; Uyandot. -"-\: Santa Fe, 2i4@2Vi; M. C. 4^«'B» 4%.;- METAL MARKETS NEW YORK. Feb. Copper was ■ shade higher at £68 6s 3d for spot and £6S. 13s 9d for futures in the London market. Locally it was unchanged, with lake held at $15.50;. electrolytic. $15.37»£ @15.80. and casting at H0#15.2». Spelter was easier in London, closing at £24 7s Cd. hut remained unchanged at $6.10@> 6.20 in New York. Iron closed at 53s in Glasgow and at 47s 10& d In Middlesboro. Locally iron was unchanged- Xo. 1 foun dry northern is quoted at $17.5<>'!i N*o. 1 foundry • northern. $17. No 1 foundry southern and Xo. 1 foundry southern soft $17.755j lv 25. . . Available Supply Changes KKW YORK. Feb. 21.—Speeia: cable and telegraphic communications received by Bradstreet's show the following i-hangta) in available supplies, as compared with last account: • —United States and Canada; east of the Rockies, decreased 779.000 bu; afloat for and in Europe increased 700,-: 000 bu: total supply decreased 79.000. Corn-^Dnlted States and Canada, east of the Rockies, decreased 14,790.000. Oats—United States and Canada cast Of the Rockies, decreased 6«1>,000. . The leading- Increases reported this week are 214.000.bu at Fort Worth. 62:000 bu *at Nashville and 57.000 bu at Knox- Vllte. . UNION PACIFIC IIP M POINTS Tennessee Coal, Copper and Tractions the Most Active on the Stock List ■NEW YORK. Feb- 21—The operations In today stock market were of a char acter to oncourage the hope long deferred of an active energy into the market of the public at large. The principal share in the market hitherto has been attributed to professional operators, including the usual contingent of board room traders and a more influential element of wealthy men who- make campaigns in the stock market on a large scale and who com mand almost boundless resources for all the operations incidental to such a cam paign. The success which has attended these operations is of course based on a genera] conndence in the prosperity of general condition? and a confident investment de mand, which buttresses the market by a waiting demand on all recessions. But the hope of the professional contingent, which has been booming stocks, has look ed longingly forward to an outbreak of a speculation of a much wider scope than is whini'^ 1 ln BUCh operations as these, and eration Seen bUt °ne or twlce in a ■«*■ c ran. Panic of 1901 Jn Such a movement has already occurred n this generation and it culminated in he panic ot May. 1901. The unfortunate issue of that experience brought severe punishment that seemed to serve as a warning to the whole public and to dis courage their attempt to obtain any share in the benefits of the long advance which has occurred in the present stock mar ket. The demand for stocks from this source up to this time has been entirely inconspicuous, but evidences were un mistakable today that the public was coming freely into the market. The tide of the buying demand had all of the im pressive sweep of periods of widespread speculation and the movements were characteristically lacking in special news to explain them. The only news which seemed to be regarded was an advance in price. Wllenever this occurred it was sure to be followed quickly by a surging demand which churned the particular stock affected into violent activity and buoyancy. All news was favorably inter preted, or if that was not feasible, w;l ignored. Union Pacific Makes New Top T'nion Pacific was the sensation of the market and was carried Irresistibly to record price level. The previous record or 133 was touched in May, IHOI, during the period of buying of the stock In re taliation for the campaign by its owners for control of Northern Pacific. Informa tion from well informed sources precluded the idea that anything like a corner In iho stock was.threatened. Equally well in formed authorities deprecated the talk that any plan was in progress looking to a change in the status of the company. Hanking interests neat to the company were authority for the opinion that the movement was purely due to speculation in the stock. An even more violent price movement was that in Sless Sheffield steel, which was jumped up over L'l) points. Rumors were plenty of a coming merger of South ern iron companies. Storm blockades and holding of cotton are forcing down the earnings of railroads in the southwest, but that group was conspicuous t'<>r strength in the day's movement. The re ported abandonment of rate fegislation for this session of congress, tin hope thai th« Haven labor trouble is to be arbi trated and the belief that thf war <>t" rates on export grain will soon be terminated were minor Influences in keeping up the demand. But the overriding factor was the growth and spread of speculative excite ment, which brings Increasing crowds of buyers into the market. Buying of this character without a reason why. swept prices irresistibly to a_higher level. That advantage was taken of the advent of public buying to secure profits on an enormous scale was evident from the oc casional unsettlement of the market. Tho closing itself was lather irregular, but the genera] character of the dux's highly speculative market was not altered by this fact. Bonds were steady, but were not so active as stocks. Total sales, par value. $5.035.000. I'nited States bonds were all unchanged on call. MONEYJEPORTS WASHINGTON WASHINGTON. D. C, Feb. 21— To day's statement of the treasury balances in the general fund, exclusive of the $150, --000,000 gold reserve In tbe division of re demption, shows: Available cash balance! $138,056,361; gold, $50,211,057; silver, $26, -044.H55. NEW YORK NEW YORK. Feb. 21.—Money "n call steady, 2%02% per cent; closing bid 2»4 per cent; offered at i'l-'. per cent; time loans steady: sixty and ninety days. 3 per cent; six months, '■'•^'n'\ i,- per cent. Prime mercantile paper, 3%@4% per cent, Sterling exchange weak, with actual busi ness in bankers' bills at $4.57.25f1>4.57.30 for demand and at $4.83.1004.85 L 5 for i sixty day bills; posted rates, $4.85%'?/ 1.86 and $4.88@4.85%; commercial bills, $4.85. Bar silver, 61c. Mexican dollars, -IT'jC. Government bonds steady; railroad bonds. steady. LONDON L.ONDON, Feb. 21.—; Money was in froo.l demand in the market today, calls mil discounts causing a considerable move ment. The tone on the. stock ex< hange w;,s cheerful and a fair business was, transacted. There was a continued in vestment demand, this being stimulated by the monetary outlook and the hopes of peace in the far Kast. Consols were in strong request, .but relapsed lat< orf. profit taking. ..Homo rails were nctive, particularly the .heavy lines. Americans were firm and above parity. Numerous advances were recorded, especially In New 1 York. Ontario & Western. Santa Fc k Southern Pacific and United States Steel. Union Pacific rallied after a lower oi en ing. These stocks were faiily active throughout and closed llrm. Foreigners . were steady. Japanese were the feature. Imperial Japanese 6s of 1901 were quoted at 103>4. Copper Hhaies were well sup ported and had a hardening tendency. The amount of bullion taken into tho Bunk ot England today was £55.000. PARIS PAKIS, Fei>. 21. —Three per cent rentes, ■ 09 francs i>7% centimes for the account, Exchange on London, -j franco *l% eo-t --<imes for. Checks. BERLIN .BEttMN". Feb. 21.—Ew-.aisgo on Loti- don. 2« marks 4f% pfennigs for chocks. Discount rates, short Mils, i> 4 per centi ttiree mouths' biiis, I'm per cent.