Newspaper Page Text
8 SUMMARY OF THE DAY'S TRANSACTIONS IN THE BRADSTREET'S DECREASE 2,906,000 CLOSING WHEAT QUOTATIONS AT LEADING MARKETS —May Wheat— —July Wheat — Tuesday. Monday. Tuesday.- Monday. - Minneapolis $1.08%-%. $1.09%10 *1.03%-% $1.05% Chicago 1.12 1.12% .88% . .89%-90 Duluth 1.05% 1.06%-% 1 1.03% - 7.04% St. ■•Louis «... 1.03% 1.04% .83%-% . .84%-% Kansas City 94% .94% .78% • .79% New York 1.09% 1.04% .93% .94% RANGE IN MINNEAPOLIS PRICES Closing Wheat. Open. • High. Low. Tuesday. ; Monday. Year Ago. May $109%-% $1.09% $1-o*% $1-08%-% $1.09%-iO $0.97% July 1.06% 1.05% $1.03% 1.06%-%. 1.05% • .97%-% Sept 85% ; . .86 .85 .85% -\ .86%-% Oats. May 28 .28 .27% .27% .28 CHICAGO QUOTATIONS The leading futures ranged as follows: : Closing ---. Wheat. Open. High. Low. Tuesday. Monday. Year Ago. May $1.12%-% $1.13 $1.11% $1.12 ~ $1.12% " $0.95% July 89%-% .90% .88% • .88% .89%-90 .88%-% Sept 84%-53% .84% .83% .83% ■ .84% .83 Corn. May 48% .48% .47% .47% .48% .-65 . July 48%-% .48% .48 .48% .48% .61%-% Sept 48% .49 — .48% .48% .49 .61 May!'. 30% .30%-% .-'9% .29% .30% .40% . May 30% .30%-% .29% .29% .30% .40% July 30-% .30% .29% .29% .30% .38%-% Sept 29 .29% .28% ■-.-\".. .28% .29-% .32%-% Pork. May 12.75 12.76 12.67% 12.67-70 12.85 13.07% July 12.90 12.90 12.80-82 12.82% 12.96 13 25 May ...... 7.12-15 7.15 7.10% 7.10-12 7.16-17 6.97% July 7.27-30 7.30 7.26% 7.25 7.30 7.12% Ribs. .-.--' • May 6.95 . 6.97% 6.92-95 6.92-96 6.97% 6.90 ~ July 7.12-15 7.15 7.12% 7.12% 7.16-17 7.12% JULY AND SEPT. MAKE A NEW LOW Heavy Selling in July Causes a Sharp Break of 2% Cents Minneapolis Chamber of Commerce March 28. —The bearishneps of the crowd found further expression in heavy selling of the July option in the pit today, the other options not being as much in fluenced, as trading in both May and September has not been as heavy as in July, the professional crowd doing nearly all their trading in this option. The ag gTessive selling by a few of the large op erators was especially noticeable, owing to the extreme bullishness which has pre vailed in the pit most of the time since last July and is certainly a very radical change. The crowd is selling wheat as though the crop had already been raised and was a bumper crop. All news that is ;tt all bullish Is lost sight of by traders, both longs and shorts, the former being only too anxious to get out as best they can, while the latter are going it blind, having gained so much confidence dur ing the past week or two that they think that there is but one side to the market. They overlook the fact that the wheat they are selling short has not even been .seeded as yet. The weather and the planting conditions are perfect and the season is very early, but there is many a slip twixt the cup and the lip, an old saying, and it may prove true as regards the coming wheat crop. All or nearly all reports from the winter wheat belt con tinue of the most favorable character. A few complaints are coming in saying the crop looks fine, but on examination show the presence of Hessian fly, which will show up in the course of two or three weeks of warm weather. The receipts here were light, but the demand was just Jail. No. 1 and No. 2 northern sold well, but all other offerings were slow. Millers are taking considerable terminal wheat for grinding in the place of buying sam ple wheat. Bradstreet's report "was bull ish but had no effect on prices. Sales of 60,000 brls of flour to Japan also lost in- MINNEAPOLIS OMAHA Edwards- Wood MAIN OFFICE 4n| -~ Fifth and Robert SU.. Ij Q ST PAUL MINN * ST . PAUL, MINN. | (WCOKPOHATED) " DEALERS IN Stocks. Grain, Provisions Ship Your Grain To Us Best Facilities. Prompt Rktukics. Liberal Advances. /. ."*• r ■ DULUTH ° WINNIPEG O'Connor & Van Bergen i I Slocks I RffV%lrAt*C I Grain I I | tends I UI UIkCFO IPfovit j»nt| : ) 341 Robert Street, St. Paul, Minn. ( .Members Chicago Board of Trade, i R. E. COBB Butter —Eggs—Poultry We Buy Hand Separator Cream 10-33 EAST THIRD STREET M. bORAIN & CO. .„ .-.1 Established 1869. BANKERS AND BROKERS. The eldest, 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 Bide. St. Paul. Minn. b. mm ll co! STOCKS National - Carman American Bank Building Chas. L. Haas Commission Co. "-- ■ ! Live Slock Commission Merchants- '-,- Room IP, Exch*.ie9 Bag-; Union Stocic Yards. £1. Paul. Mir.n.. and Union Slock Yards, Chicago. W. Liberal advance* road* on consignment* A. J. GUMMING^ Hetnbfef '-Minneapolis »Chamber of . Com ? merco and Duluth Board of Trade" GRAIN COMMISSION PROVISIONS V— STOCKS — BONDS '. O/P.cb. AiHir Floor Dispatch Uuiidinj?-"• --ST. I'ALL. terest to traders, who .are not Inclined to look at anything but the growing crop prospects. May wheat opened off %c at $1.09%@> 1.09%. sold up to $1.09?&. broke down to $1.08%, closing at $1.08%®1.08%. July opened %c lower at $1.06%. sold at $1.05%. rallied to $1.05%, then took the elide to $1.03%. closing at $1.03%@1.03%. September opened at 85% c sold at 86c, dropped to Ssc, closing at 85^c. Minneapolis stocks decreased for three days 100,000 bu. Receipts 186 cars, against 178 a year-ago; Duluth 18. against 64; Chicago 26. against 19; Kansas City 26. --000 bu. and St. Louis 34.000 bu. Clear ances of wheat and Hour 45,000 bu. Pri mary receipts 352,000 bu, against 376.000 bu a year ago. Shipments 300.000 bu, against 337,000 bu. Bradstreet reported wheat east of the Rockies decreased 1,606,000 bu. . Europe and afloat decreased 1,400,000 bu, a total decrease of 2,906.000 bu. Corn Increased 142,600 bu. and oats increased 480, bu. The decrease in wheat last week was 1,834,000 bu, and last year 451.000 bu. , Liverpool wheat closed %d lower. Ant werp %c lower, Berlin %c lower, Budapest %c lower, Paris wheat 5010 centimes lower and flour 26 centimes lower. United Kingdom. France—The weather continues seasonable and the crop out look favorable. Supplies of native wheat have further decreased and are now very small. Germany—Continued favorable weather has been beneficial to the crops, which look well. Supplies of wheat are still large. Hungary— outlook re mains favorable. Roumania—The condi tion of the growing crop is good. Supplies of wheat are small. Russia—Warmer weather Is wanted. Navigation has open ed on the sea of Azoff. this being a few days earlier than usual. Arrivals of grains at the ports are very small. 'Italy The crop is all right, notwithstanding the recent unseasonable- weather. Spain — Further complaints have been received. North —Wheat crop prospects are now generally satisfactory. India—Little change has occurred since a week ago, but the outlook is rather more hopeful. Liverpool—Wheat—The fine weather in America and very favorable crop reports caused a quiet, opening with prices ',id lower. General realizing developed later with further declines of »4d to %d, the easiness being. increased by the existing poor inquiry for c. i. f. offerings and for spot wheat. Corn—The opening was un changed, but later May eased off %d in sympathy with the decline in wheat. Chicago Cash Business— wheat was difficult to sell in all markets Mon day and the poor grades went begging, brokers refusing to handle them for other than regular customers. Prices were : lower, with sales in Chicago only 5.000 bu and there was a round lot of 40.000 bu No. 2 hard sold in store at $1.09%. or 3V4c under May. to a cash handler. No. 2 red was l@2c over May.in store; No. 3 red sold at $1.03 to $1.09; No.- 2 hard $1.07y; to $1.08. There were no sales of spring" wheat. St. Louis reported an absence of milling. demand with prices lower. Kan sas City was also lower, No. 2 hard selling m $1.01 to $1.06 f. o. b. Corn was taken fairly by the local cash Interests with prices Vie lower to Me higher. Sales for shipment were 76,000 bu. Oats declined %c to %c, with sales in all positions of 115,000 bu. The seaboard sold 000 bu com for export. '*'■.;•:.-•.; -Weather— Map show 8 rains at Wichita. Kan.. Kansas City. Mo., and Oklahoma. General light rains In Minnesota. Nebraska and lowa. Local rains In Manitoba and South Dakota. Lower temperatures in Canadian northwest, high temperatures in west and southwest. Raining this morn ing at Huron. Winnipeg and Oklahoma. In the extreme north and northwest It is generally clear, 20 to 36 above; raining at Winnipeg; precipitation 14 Northwest is generally cloudy, 36 to 55 above; precipita tion trace to .30. . Forecast—lllinois. Indiana. Missouri and upper Michigan. Wisconsin, Minnesota lowa, showers and thunder storms tonight and Wednesday. North and South Da kota, threatening, with rain in central por tion Wednesday; partly .cloudy. Kansas partly cloudy tonight, with cooler In southeast portion; Wednesday fair. Indi cations arc for showers and thunder storms over middle states. The temper atures will be somewhat lowrr !n this sec tion by Wednesday morning. Closing cash Grain Prices tiin 3 1 xhard -, $112% No- 1 northern, $1.10» 8 ; No. 2 northern, $1.05%<Qj1.06%; No. 3 wheat. 97%<5>99%c; No. I durum «Joe; No. 3 yellow com, 44% c: No. 3 corn, 4o»ic; No. 3 oats. 27c; No. 3 white oats. We; -barley. 37043 c; rye.- 76%075»ic; No. 1"?* >» -spot. $1.38; No. 1 flax to arrive. »I.3(i^: No. 1 flax. March option, 51.374. ;j: Puts and Calls ~. .. Minneapolis May puts $1 f.c*,- calls fJ-0W1.09%: "irb $1.08%; j£l y put.:; $I.ol'/*: calls. $1.04%; euro. $1.03%. Mil ?i a¥&S a ray w£ eat Puts. $1.10; calls. £U0?.%: £"* wheat puts. BSe; calls. 89% <s>B9i£e; May corn puts. 47% c; calls,- 48»iC Minneapolis Receipts and Shipments , vl , - Receipts. Shipments. )J neat 172.980 93 120 Corn 5.940 1900 Oats 33.440 28.120 g><\ 1.420 1,020 Pf o rlt>y • • v V. 21.000 33 060 2«» •••• . 7,960 1210 Flour, brls ..............'..-.-• sou GASH SALES - ■ Minneapolis, March 28 No. 1 Northern Wheat--4 cars, t1.11%* 1 car, 51.11; 1 car, $I.ll*. *' No. 2 Northern Wheat— cars, $1 07H' 1 ca»y $1.08%: 6 cars, $1.07%. 4 cars' 5107%: l car. $1.08%; 4 car*. $1.06^; 2 cars, $1.08; 800 bu to arrive. $1.06*. Mo 3 -Wheat—ll cars. $1 00; part car. t£k*B £&}&:"« ! «"• »**■> - So- 4 Wheat—6 cars' »<>«; Part car » .cars. car/ 9 oars. car/88%? 1 9.'c; i ear' ?sc; 1 car. Xc; 1 car, SS*c; i ca ; ilKn ' t ; Rejected "Wheat—l car. 71c; 4 cars 70c* .. 'jus, 72c; £ car. 74c; 1 car. 75c; 3 'cars', o^c; 1 car. 83c: 2 cars, 77e; 1 car. 734 c: L, Cz ar ' S6c: 1 car> 73c: * <**> "«: 1 . car) No Grade-Wheat—l car, 80<>; 1 en*- 60c -2 cars. 68c; 1 car. 82c; 1 car 69c ' . No. 3 Yellow Corn—l car, 4&y>c - No. 3 Corn— l car. 43c. No Grade Corn— car 4lc ' No/ i Whlte Oats— 1 part car. 29c. -No. 3 Wliite Oats—3 cars, tg%c Nov,A WllU<- Oat»—- •■ara, 28\4c; i put car, 28>.c; 1 part car, 28V*c. l car- 27^c- No. f Oats-1 car. 27»Ac; 1 car, 27%, c. No. 2 Ryo—J c«r t 78c. No. i: Rye— l part car. 76c; 1 car 74c No. 3 narley—l car. ca?^'"»Vc arley2 cars, 4d"c, 1 car, ? Dc J 1 car. C!"^<-. ■; No. I Feed .Buric.v-4 cars. 33c; 4 cars 38c; 1 car, 3S^c; 1 part car, 37c. . THE ST. PAUL GLOBE. WEDNESDAY, MARCH 29. 1905 No. 2 Feed Barley—l car, 37% c; 1 car, 39c; 1 car. 38c. No Grade Barley—l car, 36c; 2 cars, 38c; 1 car, 37c. No. 1 Flaxaeed—l car. $1.37%; 1.000 bu to arrive. $1.37. Rejected Flaxseed—l car. $1.33; 1 part car. $1.32%. Winter Wheat—2o.ooo bu to arrive. $1.05%; 10.000 bu to arrive. $1.05%; 10.000 bu to arrive, $1.04%; 10,000 bu to arrive, $1.06. STATE GRAIN INSPECTION Inspected In — Wheat — Cars — Great Northern—No. 1 northern, 34; No. 2 northern. 39; No. 3, 60; No. 4, 88; rejected. 40; no grade. 15. Chicago, Milwaukee & St. Paul—No. 1 northern. 9; No. 2 northern. 6; No. 3, 6; No. 4. 20; rejected. 33; no grade. 1. Minneapolis & St. Louis—No. 1 northern, 1; No. 2 northern. 3; No. 4. 1; rejected. 1. 800 Line—No. 1 northern. 23; No. 2 northern. 15; No. 3 14; No. 4. 20: re jected. 6. Northern Pacific—No. 2 northern. 10; No. 3, 9; No. 4, 12; rejected. 5. Chicago. St. Paul, Minneapolis & Omaha —No. 1 northern. 3; No. 2 northern. 6; No. 3. 2; No. 4. 4; rejected. 10: no grade. 1. Totals—No 1 northern, 70; No. 2 north ern. 79; No. 3. 81; No. 4, 145; rejected, 96; no grade. 17. Other Grains—No. 1 durum wheat, 1; No. 3 durum wheat, 2; rejected durum wheat, 1; No. 3 winter wheat, 1; rejected winter wheat, 6; mixid wheat 1:': western wheat, 1; No. 3 yellow corn, 1; No. 3 corn, 5; No. 4 corn, 4; no grade corn, 1; No. 2 white oats. 4; No. 3 white oats. 10; No. 4 white oats. 22; No. 3 oats. 18; No grade oats. G; No. 2 rye. 2; No. 3 rye. 8; No. 3 barley. 1; No. 4 barley. 17; No. 1 feed barley. 20; No. 2 feed barley, 34; no grade feed barley, C; No. 1 northwestern flax. 7: No. 1 flax, 20; rejected flax. 17; no grade flax. 3. Cars Inspected Out—No. 1 northern wheat. 69; No. 2 northern wheat. 45; No. 3 wheat, 42; No. 4 wheat. 55; rejected wheat. 29; No. 3 winter wheat. 7; mixed wheat, 2; No. 3 yellow corn. 2; No. 3 corn. 4; No. 4 corn. 1; No. 2 white oats. 3; No. 3 white oats. 87; No. 4 white oats, 33; No. 3 oats. 6; No. 3 barley, 1; No. 4 barley. 8; No. 1 feed barley. 3: No. 2 feed barley, 5; no grade feed barley, 1; No. 1 flax, 6. MINNEAPOLIS GASH MARKETS One and Half Cent Advance in Flax, Oats Half Cent Lower Flax—A good and active demand with the market strong and l%c higher. No. 1 flax on spot closing at $1.38, to arrive and March shipments $1.37%. Receipts, 13 cars and shipments 1. Corn—A good demand with the market active and fractionally lower. No. 3 yel low closed at 4 4 He. Receipts 6 cars "and shipments 2. OatsA fair demand but at declining prices. No. 3 white losing %c and closing at 28c. Receipts 22 cars and shipments 19. Rye—Market steady at yesterday's de cline; demand fair.. Closing figures 76% @78% c. Receipts 2 cars and shipments 1. Barley—Shipments continue on a liber al scale. The demand Is good and prices are holding steady with an active market. Malting selling at 40®43c and feed at 37 @40c. Receipts 21 cars arid shipments 33. Feed and —Coarse cornmeal and ■ cracked corn, in sacks, extra. $16,500 16.75; No. 1 ground feed. 2-3 corn and 1-3 oats, 80 lb sacks, sacks extra, $17.00*$ 17.25; No. 2 ground, feed, % com and hi oats. 80 lb sacks, sacks extra. $17.50® 17. i 5; No. 3 ground feed. 1-3 com and 2-3 oats. 76 lb sacks, sacks extra, $18.00$; Xo • *.5. ■ " ' Millstuffs— Bran in bulk. $14.25014.60: shorts. $14.25014.60; middlings. $16.00(3 16.50; red dog. $19.00. all f. o- b. Minne apolis; in 200 lb sacks. $1.00 per ton ad ditional; In 100 lb sacks. $1.50 per ton ad ditional. Shipments. 1.710 tons. Hay— Reported by Cleveland & Co.: Re ceipts of hay moderate and market firm at quotations. Not enough good hay com ing in to supply the demand. but there is a good deal of poor old stuff still on track which is hard to sell at any sat isfactory price. Timothy, choice. $9.50 satisfactory price. Timothy, choice. $9.50 (&10.100; No. 1. $9.00@9.50; No. 2. $7*oo© 8-00; No 3, $6.0007.00; upland, choice. ii. 0007.50; No. 1. $6.5007.00- No 2 »5-50«6.60; No. 3 $4.0005.00; 'midland. JM.50 (ft 5.50; swale, $3.5004.00; rye straw $5.5006.50; wheat or oats $4.0004 50 Shipments. 170 tons. . <tf -»v. MINNEAPOLIS FLOUR MARKET Fifty Thousand Barrels of Flour Sold to Japan. Otherwise Trade Only Fair Millers reported today that they had sold 60,000 brls of flour to Japan; this is clears or low grade flour. The demand for pat ents continues only of moderate propor tions, the aggregate being only barely sat isfactory. Prices weaker with the decline In cash wheat. Shipments, 64,941 brls. First patents. $6.90<x6.00; second pat ents, $5.80&6.90; first clears. $4.25tfr4 36 --second clears. $2.70&2.80. (These are all f. o. b. in wood.) PRODUCE MARKET Butter —Creamery— Extra. 25«28%c; firsts, 25^.e264c. Dairies, extra. 23<&25e; firsts, 22@23c; renovated, 23ft 123» / 4c; rolls and prints, fancy, 21022 c; rolls and prints, common. 20«jp21c; packing stock, fresh, 19c; grease. sc. Cheese—Twins, fancy. 14% c; twins or flats, storage. 10«»llV4c; Young Americas, fancy. HfrHfec; brick. No. 1. 15c; brick No. 2. 11 ©12c; llmburger. No. 1, new. -«He; primost. No. 1. 8c; nultost. 10c; Swiss cheese. No. 1. wheel. 14ftl4V4c; Swiss cl.eeje. No. 2. wheel. 13c. Eggs—At mark, cases included. 14%e. Be«nt=—Choice to fancy, navy, per bu $1.35^1.85; brown, fair to fancy, $1.75"a 2.25. Peas—Yellow peas, $1.25. Potatoes—Home grown, car lots 22© 25c; sweet, brl. $3.75<ri4 00. Vegetables—Beets, per bu. 40c; beets new. dor. 75c; cabbage, per cwt, $1 00' cauliflower, crate. $3.5004.00; carrots bu. 40c; carrots, new. dbz, 76c; celery home grown, doz, 30<fi35c: California crate, $5 50@'5.75; cucumbers, doz, $2.00: lettuce, box, 60c; mint. doz. $1.00; onions, dozen bunches. 256>30c; onions, cw-t, $2.23; parsley. dozen. 40c; radishes. dozen bunches, 75<&80c; rutabagas, bu. 40c; turnips, 40c; turnips, new. 75c; tomatoes Florida, 6 basket crate. $4.00fr4.26. Graper—Malagas, keg. $7.60"®8.00. Apples—Fancy varieties. $2.75*?4.50 --western box apples. $1.50^2.75. Strawberries—Quart. 65c. Cranberries—Jerseys, brl. $6.50. Bananas—Per bunch, as to size, $1.50«j —. 50. Oranges—California navels, $2.5002.75 --seedlings. $2.00; Florida grai>e fruit.' $5.50 #6.00; California grape fruit. $3.50. Dressed Meats—Veal, fancy, 7<a7\ic; fair to good. fi&6»£c; mutton, country dressed, 7Vt£9c; fall lamb, round dressed 10@llc. Hogs—Countiy dressed, 5%06. Dres.sed Poultry—Spring chicks, fancy. 12ral2>£c; spring chicks. NO. 2. lO&llc; hens, fancy, Ilfirl2e; hena. No. 2. Bfiß^c; turkeys. No. 1, hens. 17®184c; turkeys, thin and poor, 11 fel4c; turkeys, old toms. Hey 15c; ducks, 12® 13c; geese. 11® 12c. CHICAGO PRODUCE CHICAGO, March 28—Butter firm; creameries, 20<g28e; dairies. 21<^J6c. Eggs t-asicr; at mark, cas^s Included. 16^4c. Cheese flrm: daisies. 13©13V>c: twins. 12<&" 12% c; twins. ISAU^c; Young Americas, 13V4c Poultry—Live steady; turkeys. 13c; chickens. 13c; springs. ISc. Potatoes steady; burbanks. 266 28c; rurals. 256 28c. Veal steady; 60 to CO pound weights. 4ii 4V^c; 65 to 75 pound weights. sfr6V£c; 80 to 125 pound weights, 7frßc. COFFEE AND SUGAR NEW YORK. March 28.—The market for coffee futures closed steady at a net ad vance of 10615 points. Sales were re ported of 100,750 bags, including March at S.4oc. May 6.65 c. July 6.7566.80 c. Sept. C.80«r6.95c. Dec. 7.10fr7.20c. Spot Rio steady; No. 7 Invoice. 7%c; mild steady. Sugar—Raw. quiet; fair refining. 4 3-16 c; centrifugal. 96 test. 4 13-lGc. mo lasses sugar, 3 16-16 c; refined, quiet. ' NEW YORK PRODUCE NEW YORK. March 28.—Butter steady. unchanged. Ri-ceipts, 6.988. Cheese firm, unchanged. Receipts, 3.944. Eggs nrm. uncharged; receipts, 13.641. APRIL DIVIDENDS . NEW YORK. March 28.—Industrial divi dends in April will be the largest for that month 'Sir years, according to the statistics compiled. by the * Journal;. of • Commerce. The declarations thus far announced rep resent a ' total of $23,910,563. which com pares with $22,394,651 in 1904 and $19,572, -->»;ln-190». r -. ■—'■■ — SICK MARKET IN ALL COMMODITIES New Low Points Made In July and September Wheat CHICAGO, March Reports from all sections of the southwest telling of the vigorous condition of the rail sown wheat had a decidedly weakening effect on the market here today. - Wheat for July deliv ery closed with a loss of Vi«i^»c May corn is down %@%c. oat* are off Vie. Provisions are down 2V4c to 12V4c. Wheat ; Weakness was manifest in the wheat market from the start, the July delivery opening *,<5V4c lower to a shade higher a, V^ <L to SOc. May was unchanged to Me higher at $1.12% to $1.12%. Lower prices at Liverpool and continued excel lent weather condition* m the Untied States were the factors" contributing to the Initial weakness of the July option. A feeble rally occurred shortly after the opening, resulting in May advancing to $1.13 and July to 90 V. Moderate re ceiptsln the northwest. was partially re sponsible for the upturn. The show of strvngth however, was only momentary, the market soon casing off again on per sistent selling of July. The May option was comparatively inactive throughout the day. Many additional reports regard ing the excellent condition. of the new crop were received and these added to me weakness of the situation. u»e One example of these bearish advices was a report estimating the total yield of wheat in Kansas at 116.000.000 bu. which is 45.000.000 bu in excess of the average crop. The market became ex tremely weak late In the day on general se 1. ng by local traders In addition to selling by both northwestern and south western houses. July declined* to SS%c and May to $I.ll*. The close was al most at the lowest point of the day, final (potation in July being nt SB%c" May H..5.-d at $1.12. a net lo%s of V4c «SS aanc/5A«?'- wheat ana no'ur were 2nn°k 4400 bu - Primary receipts were 35...00 bu. compared with 376.300 bu a year ago. WwW'B visible supply, as shown by Bradstreet's. decreased 3.000. --000 bu. Minneapolis, Duluth and Chicago reported receipts of 230 cars, against 216 cars last week and 251 cars a year ago. Corn Sentiment in the corn pit was bearish and prices showed a material decline, i. if M mp i ln ™neat led to considerable liquidation late in the day, resulting in a sharp reaction. Enormous primary re ceipts and prospects of liberal shipments from -Argentina ln the near- future were additional weakening influences. The mar ket closed practically at the lowest point of the session. May opened a shade lower at 486»c. sold up to 48»«c and then de clined to 47% c. The close was at 47?ic Local receipts were 301 cars, with .3 of contract grade. Oats Good weather, the break In other grains and weakness of the cash article eauscci heavy liquidation of oats, resulting in declines in all options. May opened un changed at 30 Vie, sold between 29V4c and 30>4c and closed at *>%C' L°Cal roct . 13 were 236 cars. Provisions Provisions were weak In sympathy With the decline in grains. Larger receipts of live hogs than expected also created bear ish sentiment. At the close May pork was down 10©l2V4c at $12.67^ 12.70 Lard was off 5c at J7.10«}>7.12}4. Ribs were 2&06 C lower at *6.92H@6.95 _ Estimated receipts for tomorrow: Wheat. 28 cars; corn. 187 cars; oats 122 cars; hogs, 38.000 head Cash quotations were as follows: Flour easy No. ;! spring wheat. $1.0801.12; No. 3 $1.00&1.11; No. 2 red. 'SI.UKQ h\K No xT corn - 4"1 '»c: N'°- - yellow. 47% SUSS;« N*-J oats- M%c- No 3 wniu? 29^«131>4c. No. 2 rye. 78«78Vic. Good feeding bnrley. 37©*0 c: fair to choice malting. 4304, c. No. 1 tlaxseea. $1.23- No. 1 northwestern. $1.36. Prime timothy seed $2.85. Mess pork, per T>bl. $12.»;O0 w,: ; »f rd'iJ ier 100Jbs. $6.97^07.00. Short ribs sides, (loose,. J8.87%«7.00. Short clear sides (boxed), »6.»7V4W7.00. Whisky, basis of hlghwJncs. $1.23. Clo- I yer. contract grade. $13.35. Receipts- ' Flour 24.200 br': wheat. 80.000 bu; corn. 633.400 bu; oats. 394.000.400 bu; rye. 5.000 gLgfHr. "7.700 bu. Shipments—Flour. 28.000 brls; wheat. 34.700 bu: corn. 386 200 ?j U ;™ 3l *' 241a* 00 bu; rye. 1.600 bu barley 14.100 bu. On the produce exchange to day.the butter market was steady; cream er lex 22029 c:- dairies. 21<ii25c. Eggs steady; at mark, cases included. 16V*c; firsts. 16<*c; prime firsts, 17c; extras, 18c. Cheese steady, 12© 13Vic ' OTHER GRAIN^ MARKETS NEW YORK New York-^Flour-Receipts. 33.687 brls exports. 8.524 brls; dull and lower to sell; ltfl r. st, ra, ighta- J5.10fr5.25. Rye Flour wi? ." 1 bi fa!r 42. g00d- $4.30«4.70. Buck wheat Flour—Nominal. Cornmeal Easy; $1.08« M.lO. Rye—Nominal. Barley—Dull w,B^ 1'! 0 ' R >>e —Nominal. Barley—Dull Wheat—Receipts. 5.585 bu: spot easy; No - red nominal elevator; No. 2 red $1 14*; 11 ?K^ bafloa»s: No" 1 northern Duiuth. 7Ah Hi f«.°; b- afloat: No. 1 hard Mani toba, $1.04 fo. b. afloat. The only steadi ness in wheat was shortly after the open ing when fears of colder, weather im periled covering. ». Otherwise decided heaviness Prevailed. New crop months reached low levels. Bearish crop news, lower cables, stop loss selling and heavi ness In the northwest were features. The ti°!£* showed (&lll^c net decline. May. Ui^**® 110**- closed. $1.09%; July. 93% 9*4% c t closed 93% c: September. 86% & S.^c. closed 86% c. Com—Receipts. 133 - .50 bu: exports. 206.774 bu; spot weak; No. 2. 57% c elevator and 53c f. o. b. afloat; No. 2 yellow, 55c; No. 2 white. 53»£c. Op tion market .opened steady, but at once weakened, losing a cent during the day on better weather and the wheat break. It closed.%c net.lower. May. 53%Q54%c closed 53% c: July closed 53% c. Oats—Re ceipts. 93.000 bu; exports. 17.650; spot weak; mixed oats. 26 to 32 pounds. 35U«i: 36c; natural white. 30 to 32 pounds- 36-fj) iL^ c'- clipped white, 36 to 40 pounds, DULUTH - Duiuth. Minn.—The weakness of the July option was a feature of the trading today. At one time it was a cent greater than May in its decline.- The close, l%c lower for May and l^c for July. May opened Uft^c lower at $1.06%, sold up to $1.06", and fell, to *1.05£. closing there. • Flax was very dull and strong. May advancing l%c. Oats fell %c. The close: Wheat to arrive. No. 1 northern. $1.04\; on track. No. 1 northern, $1.04*,; No. northern. 98%c(r51.02>4: durum. No. l. 92c: No. 2. 91c; May. $1.05\; July. $i.O3V»; September. 85% c; flax, on track. $1.39; May. $1.37%: October. $1.26; oats, to arrive. 29c; on track. 29c; rye. to arrive «<c; on track, 77c; barley - feed. 33c to 3«c; malting. 37cto 44c. Cars Inspected— wheat 18. last year 54; corn, 1; oats. 58; barley. 3: flax. 21; last year. 94. Receipts —Wheat. 7.676 bu; oats. 23.741 bu; flax. 8.129 bu. Shipments—Rye. 1.179 bu; flax. 1,950 bu. MILWAUKEE Milwaukee. Wis.—Flour weak. Wheat lower; No. 1- northern. $1.12Mt: No. .-• 2 noithern. $1.0861.10; July. 88% c bid; puts. 88Hc bid; calls. 89>4c bid. Rye steady; No. 1. 85c. Barley dull; No. 2. Ole; sam ple, 38«?50c. Oats easier; standard. 31 He Corn %c lower; No. 3, 47c; May. 47\c bid; puts.'47%c.asked; calls, 48c bid. ST. LOUIS ' St. —Wheat lower ;on crop . pros pects; No. 2 ' red cash, elevator. $1.035; track. $1.1201.13;- May. $l:03H; July. 83?i©S3T4c; No. 2 hard.'-$l 05«rl .06. Com lower; No. 2 cash. • 40c; - track. 47^&4Sc; May. 45%i«fi45%c; July, 46c. * Oats lower; No. 2.cash." 30c track. 31%Cr32c;- May. 27T6c;,N0. 2 white. 32^4^33c. KANSAS CITY - Kansas City. Mo. —Wheat steady; May 94 l^( ; July, TS^c; - cash No. 5 bald $1.05 «1.07; No. 3. 1»7Ci?1.03:.^N0. 4. 85«9Sc No/ited. $1.C6if«1.08; No. 3. $1.044*1.05 No. 4. 90c■•<«?!.or». Coin st^idy: May 44% c; July, 44?ic: <v.sh \n i mixed: 4Cc: No. J. 46%©46 c; No. 2 white. 46@46%c; No. 3. 46c. Oats steady; No. 2 white. 32 u-U 33% c; No. 2 mixed. 32@32%c. LIVERPOOL Liverpool—Spot wheat steady: No. 1 California. 6s lOd; futures quiet; May. 6s <%d; July 6s 8d; September. 6s 7%d. Spot corn steady; American mixed, new. 4s 4%d. SPECULATIVE GOSSIP Edwards-Wood Company—Prices held up well tn oats until near the close, when May and July declined to 29V£c—a new low figure. Sample oats were not so weak and shippers and elevator companies" re ported liberal sales for eastern shipment. Based en the strong undertone to the corn market and the present sharp de clines Jn oats this should prove an ex cellent time to take the long side, or if «ome are already owned average lines on these temporary weak places. A Liverpool house cables: According to Brooinh?!!. the amount of wheat in and afloat for Europe decreased 1.384.000 bu last week. The market is easier affected by American advices. The demand is limited. Corn inactive, prices steady. Chicago—Stock in all positions: Wheat 3.507.000 bu, increase 40.000 bu; coin 9,073.000 bu. increase 385.000 bu; oats. 5.917.000 bu. increase 480.000 bu. Private" elevator stocks: Wheat 2,110.000 bu. in crease 55.000 bu; corn 4.991.000 bu. in crease 280.000 bu; oats 4.408.000 *bu. in crease 184.000 bu. Contract stocks: No. 2 red 289.000 bu. increase 2.000 bu: No. 1 northern 2.000 bu. unchanged: No. 2 hard 969.000 bu. decrease 9.000 bu; total 1.250 - 000. decrease 7.000 bu. Chicago—l may be wrong, but I believe a rally is about due in July and Septem ber wheat. It looks to me as if Septem ber has been sold to a standstill. Winnipeg wires: Weather turned un settled, sleet and snow falling here, colder weather predicted. Chicago—Corn market opened unchang ed with very light trade. Offerings con tinue light, but outside trade is also light. Chicago—"Growing wheat looks fine all through .the southwest." said Capt. Phillips, the veteran operator, who came up from Hot Springs yesterday. "The price looks high. 100. l.ut if Gates has a big long line the price may not matter much." Kansas City wires: Customers here from Central Kansas say present pros pects warrant harvest three to four weeks .earlier than usual. Had glorious rain. Chicago—A good many commission merchants are trying to close up their" trades in May wheat, fearing sensational price changes as the time for the settle ment of the .May deal draws nearer. They are not only getting out of old trades, but discouraging customers from making new ones. That there is a similar feeling of uneasiness in Minneapolis was attested by the action of the Chamber of Commerce there in requiring a deposit of 10 per cent on all contracts, St. 1.0ui.-—Ex-Gov. Stun ml of Mis souri estimates Kansas crop at 115,000.000 bu. Chicago—Valentine selling a little May corn. Bull leaders ;ir«- neglecting the marktt. and it looks lower without this support. Chicago—Wire from traveling crop cor respondent of heal hous>' tinted OQMM} Springs. Kan., reads: Think one quarter Sumner county will be abandoned. Aver age much lower than last year. Reported better all sides of here. Chicago—lf July wheat had not sold at a dollar it would look high at 90 cents, but after having the break they think it Is cheap, when really it is famine prices. New York to A. J. Cummings: Rumors of financial trouble in Paris are afloat here now arid seem more an excuse than a cause for the weakness. Gates and \Y«ilf have been large sellers of Rending today. New York—There is strung suspicion In some circles that I'nion Pacific was de pressed recently to enable the large in terests to further their accumulations of this stock. Men who have been watching it closely would not be surprised to see it advance very sharply when the general market becomes a little regular. Opinion Is also heltl by close observers that New York Central is being bought steadily. and they welcome reactions to get more stock. N< w York—Pittsburg advices are that I'nited States Steel corporation is not in market as a buyer of Bessemer iron, either April delivery or for the second quarter of the year, although it is certain that the corporation will need a large tonnage for April. New York—London is a seller of the In ternational list at the opening and the professional traders almost to a man are buying stocks under the lead of the Worm sers. The fact that the market heretofore has been a puichas.- in the neighborhood of these figures seems to prevail amongst the traders generally. I believe stocks a sale on all rallies. New York—lt is now said that the Rapid Transit commission may reject the pro posal of the Interborough company for new lines in Manhattan. Bronx and Brooklyn. This is likely to give an im petus to the Metropolitan issues today. New York—There is a slight hardening In the call money rate noticeable. It will be the key to the situation. New York—Jacob Field says: 'This is a big trading market. In which stocks are a purchase on breaks and a sale on sharp rallies. For myself, I prefer to sell them on the bulges." ST. PAUL MARKETS Feed and Meal—Coarse cornmeal and cracked corn, ton, $16.75; ground feed. No. 1. two-thirds corn and one-third oats. $17.26; ground feed. No. l\ half corn and half oats, $17.75; ground feed. No. 3. one thirtl corn and two-thirds oats. $18.25. Bran and Shorts —Bran In bulk. $14.00; bran in sacks. 200 lbs. $14.50; bran in sacks, 100 lbs. $15.25; standard middlings, in bulk. $14.00; standard midlings, SM lb sacks. $14.5t'; standard middlings. 100 1b sacks, $15.25; middlings, flour, bulk, $1K.50. middlings, flour. 100 lb s:i. ks $17.00; oil meal, per ton. $27.00. Hay—Receipts, 2 am; choice prairie $7.50; No. 1 prairie. $6.50ift7.00; No. 2 prairie. $4.&t"ii 5 ""; No. :i prairie. $3.25«? 4.26; No. 1 midland. $4 .00-fi 5.00: No. 2 midland. $2.50* i 15.00: choice timothy $5.75: No. i timothy. $7.5008.00; No. 2 timothy. $6.50*17.00; No. 3 timothy. $3.75 5r4.50; No. 1 clover hay. $6.00 ft 7.00; No. 1 clover hay. mixed. $f.64)07.60; No. 2 clover hay. mixed. $5.00i{t6.00: packing hay, $2.50<fi2.75; no grade, $2.0002 50; rye straw. No. 1. $5.00#6.00; No. 2. P.OO 'ft 4.00; whoat and oat straw, JJ.snfM.nn. Flour—Patents, first*. SC.OOOC.IOj pat ents, second. $5.805i5.90: clears. firsts. $4.50tfi4.70; red dog, per ton. 140 lb Backs, $19.0n. NEW YORK COTTON NEW YORK. March 2S.—Cotton—Spot closed quiet; middling upland. SOsc; mid dling gulf. B.C<!c: Mlea. 50 bales. Cotton futures closed steady; March. 7.39 c: April 7.40 c; May. 7.51 c; July. 7.4.V; August. 7.46 c; September. 7.47 c; October 7.s_'c; November. 7.55 c; December 7.58 c; Janu ary. 7.61 c. RAILROAD NOTICES To California for $32.90 via Chicago Great Western Railway • Tickets on sale from March 1 to May 15 For further Information apply to J. N Storr. General Agent, corner" Fifth and Robert streets. St. Paul. No Excess Fare Charged on Nickel Plate Road Its trains are - composed of the best equipment, consisting of through vestl buled sleeping cars in both directions, be tween Chicago. Cleveland, Buffalo. New York.-Boston and intermediate points, with unexcelled dining car service, meals being served in Nickel Plate dining car« on the American club meal plan, ranging In price from 35c to $1.00. Midday lunch eon. 50c. ~~-r -."■■■• : Train No. 2. leaving Chicago at 10:35 a. m. daily, has through vestibuled sleep ers for Boston via Nickel Plate West Shore and Boston & Maine roads, and through vestibuled sleepers to New York and Intermediate points via Nickel Plate and both the Lackawanna and West Shore roads. »..-.-,... - . , Tram.: No. 4. leaving Chicago at 2:30 p. m. daily, has through vestibuled sleeping cars for Buffalo, New York and interme diate joints.". Train No! 6. leaving Chicago at 9:16 p. m. dally.- has through. vrstibuied sleeping cars for Fort. Wayne-,. Cleveland. ■ Erie Buffalo. "New - York *.id - * Intermediate points, arriving at >ew-York city early the ■ second - mornirt. Rates always the lowest. Write. phone or call on nearest ticket agent, or John Y. Calahan.". General Agent. Nickel Plate road. No. 113 Adams street. Room 29.8. Chicago.-:.Chicago depot, La: 3all# - and Van Buri'ii atioota. . RUMOR FINANCIAL TROUBLE IN PARIS . . w DOMESTIC MONEY MARKETS Call money V'u .T° 3 %@4 per cent ] New York Exchange!' 8 Selling rate Sixty day sterling^ .83.95 j 80c premium; buying rate 3o! pre-' w«i,i»A. ■ rnium. Chicago exchange: Selling Treasur, JT'SSSS?. ..U0.000.0.0 ' 5£iES. Cash balance J138.316.352 i mentary exchange. »4 83% BANK CLEARINGS TUESDAY St- Paul $953,060 , Minneapolis $2,830,541 CLOSING LIST Quotations furnished by Edwards-Wood Co.. majn office Fifth and Robert streets. T i i Tbu _ |Open|High| Low Close Atchison 20800 88 ! 86% | 87 " am° P. fd A• v; ' 26f10 102% 102*41102 Atlantic C Line : 1600 141%!139%1139% Baltimore & Ohio.. 9100 10S% 107% 107% do P." "•••• ! 200 96% 96 ' 05 Canadian Pacific ... 7800 147% 14«% 146% Cent, of N. Jersey.: 1.. ' 199 Chesapeake * Ohio. 15100 sb'< 56% 56% Chicago & Alton ... 200 40% 40H| 40Vi p .d»P« •• j 200 81 "\ 81 ' I 80 Chi. Groat Western. 1 4000 ; 23,- 1 23 »J« Chi. & North-West. 2600 244 " '41 241% Chi.. Mil. & St. P.. 2000117*% 173% 173% Chi. Term. & Tran.l 1001 18 118 IS do Pfd ••- ! 1900 34% 33% 33% C.. C C. * St. L...' 600I10S 107% 107% Col. & Southern ... 900 24% 24% "414 do Ist pfd ' [..... ..... 60 "* r>»i° 22 P^ d ,' ' 300! 34 ! 34 34 *■'* Dea. & Hudson ... 300 18S% 187 187% Dela.. I.ack. \V..| SO© 088 1385 385 Den. & Rio Grande.! 300 33V41 33*4 M*., do pfd i.. j ■■ i S8 Er] 6 r;--;V 25500|'45% "44% 44% do Ist pfd 1 170. (! 79% 79% 79% do 2d pfd • 5500 67% 66^ 66% Hocking Valley I : 94 T ,,do pfd I 100 93V ; "9314 93 Illinois Central ! 700 159% '159V159 lowa Central ...... ; 300 28% 27% >sv. do pfd ." 5 3 i£ K. C. Southern .... ' 4800 31% 3i" 31% .d° Pfd x% 3900 56% 65 65% Louis. & Nashville.. 5400 140% 139% 139% Manhattan L | 1000 167iA|167>i Met. Securities : 13600) 87% 86% 86% Met. Street Ry 6400 123% 122%|122% Mex. Central 2700 24% 24*4 8* Mpls. & St. L . ... 60 • M..St.P. &S. Ste. M U.'.'.l 117 do pfd ! ! 1105% Missouri Pacific ... I 6700 106% 105% 105% Mo., Kan. ft Texas. 800 31 j 30% ! 30% do pfd ! 900 66 » 4 65 * 64% Northern Securities 14000; 1 '158*41159 " Nat. R. R. of M. pfd. ........;. ....'. 40% N. Y. Central ..... 38200161% 160 160 N. V.. Ont. & '42800 62% 60%! 62 Nor. & Western ... 2400 85% | 84 V 54% do pfd ! 92 Pennsylvania 81700 141% 14(H 4 140^4 Pitts.. C. C.& St. 1.. .....!. 83 Reading -. 81500 94 14j 92% 93 do Ist pfd '■ 100 92 I 92 ! 91% do 2d pfd ! ' i '. j 90 ' Rock Island Co 1 9000 34% 33% 33% do pfd 700 79»4 ; 78% | 78% St. L. &S.F. 2d pfd. 700 70% 70 70 St. L. Southwestern 200 26 !25 *5% do pfd ' ';.. ' 500 64 V, 63% 63 Vi Southern Pacific .. 33600 67% 66% *->'> A do pfd ! 300 118% 118 117% Southern Railway .' 5400.34% 34 33% do pfd ; 300 97% 96% 96% T. C. R. T I 4800 114 113% 113% Texas & Pacific ... 200 38% 37% 37% ■ Tol., St. L. & \V... 200 39% 39% 37U, do pfd : 400 58V 57 57 Union Pacific 179800 l 128% 127% 127% do pfd ' 98% Wabash 900 22% 22% 22V 4 do pfd ..:..; ! 3300 46% 45 45 Wheel. & L. Erie ! ! IS Wis. Central ...J.. j 400 23% 23% 23 do pfd I 500 51% 51 51% Amalgamated Cop.. 499001 79 ! 77% , 77% Am. Sugar Refining. 6SOO 141% 140% 140% Brook. Rapid Trail. 17200 67% 66 ! 66% Col. Fuel & Iron ... 20800 56% 55% 55% Peoples Gas ■ 68U0 110% 110 110% Republic Steel 11800 22% 21% 21% do pfd 6000 81%! 79% 80 U. S. Steel 59300 35% 34% 34% do pfd 47300 »5% 94% 94% Western Union .... ! 200 92% 92% 92% Total sales for the day, 1,050,500 shares. MEW YORK_ BONDS do ref 2s coup 103V Japan 6s. etfs..lO"J% V S ref 2 reg...lO4%|bL. & N uni 45.. 103 do 3s reg 104%; Man c gold 45. .106% do 3s coup.. .104*4 Mcx Cent 45... 77% do n 4s reg.. .132% bdo Ist inc.. 24 do n 4s c0up.132% fM & St I, 45.. 96% do o 4s reg... 104% M X & T 45....101% do 4s coup 105% do 2ds 85% Am Tob 4s, clfs 74% N R R of M c 4s 82% do 6s ctf5....H7% N V C g 3%5...100% Atch gen 101%]bN J C g 55.... 135% do adjt 4s 96% Nor Par: 4s 106 fA CL. 4s. ..101 ! do 3s 76% B & O 4s 104%|N ft W c 4s 103 do 3%s 95%j0 S L rfdg 45.. 97% Cent of Ga ss..lls>4|Penn cony 3%5.105>,4 bdo Ist Inc.. 91 -Reading gen 102% do 2d inc.... 72 St L&I M c 68118% C& O 4%». 106 St L&SF fg 4s 90% j Cft A 3%s 81% St LS W 4s. . 82% ! CB& Q n 45.. 99% AL 4s 90' 4 CRISP 45... 81% So Pacific 4s 96 do col. 55.... 94 iSo Railway 55..11!iU bCCC StL g 45.102%!bT & P 15t5....122% Chi Term 45... 97 bT St I. &W4s 86 Col Mid 4s 75\4|Union Pac 45... 106% Col &So 4s 93%| do cony 4s 129% Cuba ss. ctfs..los U S Steel 2d ss. 94% fD & R G 45... 101% Wabash lsts... 119 Dis Sec 6s 81% do deb B 79 bErie p. l. 4s..lol%jWest Md 4s 93 do gen 4s 93%|W & L. E 4s 92 bF W & DClst.llo iWil Cent 4s 94 bHock Val 4%8110%{ f Offered. - bßid. • BOSTON MININB STOCKS BOSTON, March 2S. —Closing copper quotations: Adventure, sfe<l*G; Allouez, 21^032; Arcadian. iy.<?il%; Atlantic, 16 ftlG^; Blngham. 3D&&32; British Colum bia. 8%#7; Calumet & Hecla. 675f1680; Centennial.-17*4€f 17%: Consolidated Mer cur, 33 ft 33 *S; Copper Range Consolidated, 76£&75*4; Daly West. 15*015%; Dominion Coal. xi asked: Elm River. 2%#2%; Franklin, lOfelO^; Granby, 5%&6; Guanajuato. 4 3,UGH\b; Greene Consolidat ed. l/kft2&%: Isle Royale. 24fi25; Massa chusetts, 10%©llV4; -Mayflower. 1 asked; Michigan, 13913%; Mohawk. 52fi54; Old Colony, 1%#1%; Old Dominion, 26i?j)261i: Osceola. 98Ca09: Parrot. 2X(&29; Phoenix. l%«i»2; Quincy. 105<&106; Rhode Island. 1 'ulV*; Shannon Copper Co., 7%<»8; Swift & Co.. 109^110; Tamarack. 126^130; Te cumseh. 2%©4; Trinity. l0%^10%; United States Mining. 36026%; United States Oil, »%09%; Utah. 42<f{>42»4; Victoria. 4%'U:>; Winona. 12*fc<fil»; Wolverine. llO^lll; Wyandot, i r j> 4 . METAL MARKETS NEW YORK. March _ 28.—Copper was easier abroad with London closing- at £67 17.« 6d for spot and £6S as for fu tures. The local market was unchanged. Lake is quoted at $15.37 1-15.50; electro lytic at .$15.25^115.37^*,. and casting at $14.87%«J 15.25. It is reported the prices given are.being shaded, in some instances, particularly in respect to lake. Iron closed at 54s'.in Glasgow and at 49s l^id in Middlesboro. Locally the mar ket was- quiet, and -. while unchanged seems to be a little easier In tone. No. 1 foundry is quoted at $17. 18.25; No. 2 foundry northern at $17.50<7t15.0U; No. 1 foundry southern and No. 1 foundry south ern soft at $17.75<ai8. .'6. AVAILABLE SUPPLY CHANGES NEW YORK. March 2S.—Special cable and telegraphic communications received by ■ Bradstreet's show the following changes in the available supply as com pared with last account: Wheat—United States and Canada, east of Rockies,- decreased: 1.506.000 bu; afloat for and In Europe, decreased 1.400,000 bu. Total supply decreased 2,906.000 bu. - : Cora—United'States and Canada, east of Rockies.- Increased 142.000 bu. Oats — United States and Canada, eust of •Rockies.-increased 480,000 bu. The leading decreases reported this week An estimate of 300,000 bunt the north western interior elevators; liiii.imo hu in Manitoba and 50.000 bit at the "Minneapo lis private elevators. ■ - • The leading Increases arc 175.000. l.v at Fort .Worth; .550.000 bu at northwestern private elevators. . ST. PAUL AND UNION PACIFIC WEAK Nearly the Whole List Shows a Heavy and Draggy Undertone NEW YORK. March 28.—Today's «tock tions. gUing-ftn appearance of uncertainty to the temper of the speculation but the fluctuations were mostly below ast nlehPs level. The occasional rallies wire pSrlv held and the end of the day showedthe average of prices considerably below last night The activity was nearty descending: scale of prices, the occasional rallies leading up to dullness and neglect showing the subsidence of the demand from the shorts at the higher level Call money again touched 4 per cent, and the outlook in the money market plainh was the most direct factor in the operations of the .day. Prepaiations were being made for the subscriptions to the new Japanese loan which is to i ffered to morrow, a $75,000,000 Installment being New York's portion. Those in charge of the offering claim that every safeguard will be adopted to protect the money mar ket from disturbance, and that the opera tion will Ik- largely in the nature of a iP in"sf'-'! ',," f ' k ac««u>ts between banks. But Wall street has an old experience of such assurances and is well aware that an operation of that magnitude Is not perfected without a necessary shifting o f loans cm a large scale Depends on Width of Margin The amount of disturbance resulting In the money market is likely to be depend ent on tin- width of the margin surplus above the legal reserve requirements As the surplus is just now unusually low t'm the period of the year, there was some natural misgiving that the money mar ket might not escape the spring" flurry. The latter part of the week will have to meet the usual quarterly requirement of April 1. Reports from the south show a genera] disposition to bold cotton at pres ent low prices t" await a recovery, which makes a large requirement for money, in terested Inquiry is on foot to know how soon the coming Pennsylvania bond issue will cunie upon the market, the expecta tion being that 560.000.000 recently au thorized and the $50,000,000 now in the treasury will both be included In the is sue. In addition to the money situa tion the market had to pa.ss another day without any verification of numerous mer ger or dividend rumors. A Southern Pacific dividend had been definitely set down for yesterday and not being forth coming there was disappointment on the part of an element which had bought on that report. The report that St. Paul contemplated the expenditure of $100, --000.000 for an extension to Pacific coast was formally denied by the chairman of the board of that company. Denial Causes Sales The denial was effective in inducing selling of thn stock, although similar denials, official or Informal, have been made of nearly all the recent deal ru mors. There was evident unloading also of Reading on the i»art of recent large speculative buyers of that stock. With tin- speculative favorites, including Union Pacific. St. Paul. New York Central and Reading thus under pressure, small in- Buence was exterted upon sentiment by the tew advances In the industrial class, which still manifested themselves in a scattered manner, l^ondon was a heavy Belter In this market, and there were reports of a violeni disturbance on the St. Petersburg bourse. Paris was es pecially affected In sympathy. but the manifestation was lead as a sign of com ing peace, which is a development hoped for in the securities markets. Sterling exchange was strong .and moved decisive ly away from the gold Import point or its immediate prospects. Bonds were Irreg ular. Total Bales, par value. J2.54D.0u0. United States bonds were all unchanged on call. MONEYJEPORTS WASHINGTON - WASHINGTON. March 28.—Today's statement of the treasury balances in the general fund, exclusive of the $150,000,000 gold reserve In the division of redemption, shows: Available cash balance. 13M. 1 <;.- --352; gold. 128.-00; silver, $26,974,799; United states notes, $14,723.201. NEW YORK NEW YORK. March 28.—Money on call strong. 3»<ifj4 per cent; closing bid, 3V£; offered at 4. Time loans, steady; sixty and ninety days. 3% per cent; six months, 3V£<2^3%. .Prime mercantile paper, ■i^i'iv 4\i>.~ Sterling exchange strong, with ac tual business in bankers' bills at $4.85.90 <f*4.55.95. on demand, and $4.53. 4.54 for sixty day bills; posted rates, $4.84 %ft 4.85 and $4 .sKy,raU.s7. Bar sil ver, 55"4 c. Mexican dollars, 43 1 /^c. LONDON LONDON, March Money, though the supplies were increased somewhat by the release of $2,500,000 in treasury bills, was in keen demand for stock exchange re quirements and various calls amounting to nearly $10,000,000. Besides cash was wanted for subscriptions to the Japanese loan. Discounts were firm. Trading on the stock exchange was quiet and irreg ular. Consols were steady.- Much inter est was taken in the Japanese loan and Grand Trunk issues. Americans opened generally at a quarter of a point below parity. Atchison, Topeka &. Santa Fe and Union Pacific were weak in spots. Cana dian Pacific was rather steadier later. The reaction was attributed to the com ing crop estimates and fears of dear money. During the afternoon prices eased further and the market closed dull. For eigners generally were dull. Japanes'; were firm. Imperial Japanese government fis of l»04 were quoted at 105%. Bullion to the amount of £10.000 was withdrawn from the Bank of England today for ship ment to South America. PARIS PARIS. March 2S.—Three per cent rentes. 99 francs 70 centimes for the ac count. Exchange on London, 23 francs 1? centimes for checks. BERLIN BERLIN, March Exchange on Lon day. 20 marks 48 1,2- pfennigs. The rate of discount for short bills is 2 per cent, and fof three month bills 2% per cent. FOREIGN BOURSES WEAK PARIS, March 28. —The tone on the bourse today was heavy. • Russians were weak upon a denial of the report that the Imperial council had decided to open peace negotiations. A general stagnancy prevailed and the market closed heavy. Russian imperial 4s were quoted at 88.50 and Russian bonds of 1904 at 503. . The private rate of discount was 2> s .per cent. ST. fKTERSIU ItG. March 2S.—Tho fall in 4s lias been in progress - since the an nouncement of the new 5 per cent Internal loan and Is officially attributed to the ad vantupes the loan, offered." th« flatter being free from taxation and Issued at 00, while ■:.< yield not only 3.S per cent. ST. PETKUSBURO, March 28. 3:2S a. in. —A ' Huaii-panic . prevailed •on the bourse here today Russian imperial 4s fell a point to si*. ...