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8 SUMMARY OF THE DAY'S TRANSACTIONS IN THE MILLERS SELL PATENTS FOR EXPORT CLOSING WHEAT QUOTATIONS AT LEADING MARKETS —May Wheat— —July Wheat— Thursday. Wednesday. Thursday. Wednesday.' Minneapolis $0.92% $0.9414 $0.91%-% $0.92^-% Chicago .88 .91% .83 .53% Duluth 89 .90% . .89% .91 St. Louis 86% .89% .78%-%. .79% Kansas City 79% .81% .73*4 -74 New York 90% .93% .88% .89 RANGE IN MINNEAPOLIS PRICES • Closing ■ Wheat. Open. High. - Low. Thursday. Wednesday. Year Ago. May $0.92% *0.93% $0.91% $0.92% $0.94% $0.91% July 91% .91% .'.»0% .91%-% -92%-% .91% Sept 81 .81%-% .80% - .81% .81% Oats. May 26% .26.% .26% .26% .26% CHICAGO QUOTATIONS Chicago range of Prices April 27: _ Closing — ~ Wheat Open. High. Low. Thursday. Wednesday. "i ear Ago. May ' .$0.90-89 $0.90 $0.1,6% $0.88 • $0.91% $0.88% July 8.1-82% .83% ' -82%-% -33 .83% .85% Sept ' .79%-% .80 .79% iv^ .79%-% .80 .81% May"^ 45ii-46 .46-li .45 .46-% .45% .46^ July ...... 45%-% .46%"* -<5% .46%-% .46% „ .48% Bept 4 -46 .46% _ § .46 .46% .46%-% .48% May**?". 28%-% . .28% "' ''" .28% .28% .28% .40% May .'. 28%-% -28% " .»% -28% .28% .40% July ... 28%-% .28% .28% / .28% .28% .39 sept :::::: .28%-% .28% .28% X .28% .28% .31% May **"..... 11.97% 11.92% 11.92% 12.07-10 11.95 July ......12.27-35 12.36 12.25 12.25 12.40-42 12.25 Maf?:.... 7.07% 7.07% 7.02% 7.07% 7.10 . 6.72% July ...... 7.20-22 7.26 7.20-22 7.25 7.27-30 6.87% Ma*v bS' 680 6.82% 6.80 6.82% 6.82-85 6.42% July '.'.'.'.'.'. 7.07-10 7.12% 7.07-10 7.12% 7.12% 6.60 DOMESTIC FLOUR DEMAND IMPROVING Wheat Active and Weak, Mak ing New Low Records for the Crop Minneapolis Chamber of Commerce. April 27.—Th«- bears were in their ele ment again today. The market opened weak and over a cent lower. The lower opening was induced by a bearish report of the Price Current, lower Liverpool ca bles, rains in the southwest and receipts of wheat nearly double what they were a year :ik". I'nder the pressure of short selling on the curb the market opened down I'i.c for May, l>4<Ji;l%c for July and :t 4 c for September. A few orders at the opening held prices for a few minutes, but they soon gave way under offerings and soon scored a decline of about half a cent before the decline was checked. On this break shorts started to cover and .with a little buying by scalpers, they quickly forced the market up over a cent. The ad vance was met with renewed selling' which carried the market down to a new low point on all futures. For a time it looked as though there might be quite a serious break, but the support from a few good buyers soon turned prices upward again, resulting in the market going to within a small frac tion of the former high point. Offerings again became liberal on the advance and as the demand seemed to have been sup plied, it was not difficult to bring about another decline, but it did not go as far as the former one. the close was weak at around the opening prices. Trade was mainly confined to scalping transactions among the professional pit element. The cash demand was much better today and at a better range of prices as compared with futures. One of the mills sold a little lot of patents for direct export, probably the first on the crop, the general domestic flour demand also showed quite h little improvement and now that prices have got down to a more legitimate basis, millers are looking for a considerable in crease in the demand. Millers at Red Wing and in that vicinity are feeling quite jubilant over the decline in prices of wheat, is the report brought in by E. J. Murphy, auditor for A. J. C'ummings. He says that now that wheat is down where they can make it into flour and sell it at ■ little profit, they are al ready beginning to receive inquiries for flour from eastern jobljers who have been out of the market for a long time. The wheat market is now undergoing a readjustment of values, how long it will last and how low the price will go. no one can tell. High prices have been the MINNEAPOLIS OMAHA Edwards- Wood MAIN OFFICE gT§ a Fifth and Robert Sts., is II Filth and Robert Sts., SB BJ ST. PAUL, MINN. (INCORPOHATEr)) -. —_ DEALERS IN ~ Stocks, Grain, Provisions Ship Your Grain To Us Best Facilities. Prompt Rbtukns, Liberal Advances. CULUTH °~~~ WINNIPEG ■ j| O'Connor & Van Bergen !;| ( I Itockt 9^r*/^lra|<»C I Grain I\> iji t onds |Ul UlkCI 3 Prevision* r Ji 341 Robert Street, St. Paul, Minn. l] 11 Members Chicago Board of Trade.'i I Butter —Eggs—Poultry Vie Buy Hand Separator Crea-n 19-33 EAST THIRD STREET 8.6. SKOTWELL I CO. " ft- v GRAIN-STOCKS National Carman Amirioin Bank Bulldlnt Chas. L. Haas Commission Co. Lire Stock Commission Marchants. Room 10. Exchange B.cg., Union Stoat Yard*, So. £|. P«u!. Minn., and Union Stock Yards. ChlcarOtllt - 1 • Liberal advances mad* on consignment* - A. J. CUMMINS Member Minneapolis Chamber *: Com merce and Duluth Board of Trad* GRAIN COMMISSION PROVISIONS — STOCKS — BONDS Office: Main Floor Dispatch liuitclng. '■ ST. PAUL T^fe^ rule for nearly a year, with wheat above the dollar mark since last August. Good wheat has been saved wherever it i ovid be. the poorer qualities being consumed. After a break of over 26 cents In less than ten days to two weeks and with all the bullish influences removed, and the in differences of the public and most of the professionals to the buying side. It re quires a good deal of nerve for any one to advocate the extensive buying of wheat for a good rally. Conservative traders are predicting that wheat will have to go to a level where investors will take it and keep it off the market, until that time is reached, no permanent good Is expected on the buying side. May wheat opened l%c lower, at 92 % c. sold at 92 6,gC, broke to 92»jiC. rallied to 93% c, dropped to t»l%c, rallied to 92% c, off again to 92>4c closing at 92% c. July opened down l^fil^c, at 91 >4c sold at 91 %c, off to !»OS4c, rallying to !U";<-. break- Ins to 90"Vie, uj) again to 91 *ie down to 9074 c. and closing at 01 '4 «*9l*ic. Septem ber opened down 7ie at 81c. sold at ftl^C, down to S0 7 s c rallied to BI%C breaking to SOVic. rallying to Sl^^tSl^c. and closing at 81 V»e. Our stocks show a decrease for six days of 550.000 bu. Receipts 111 cars, api'iiist 59 cars a year ago; Duluth 3 cars, sgainst 6 cars a year ago; Chicago 59 cars, against 8 cars a year ago; Kansas City 50 c.-us and St. Louis 8,000 bu. Clearances of wheat and flour 30,000 bu. Primary re ceipts. 439.000 bu. against 154,000 i>u a year ago; shipments, 416,000 bu. against 251,000 bu a year ago. Argentine ship ments estimated at 2,400.000 bu. Uvei'pool wheat closed Is#l%d lower; Berlin %C lower; Budapest :i h e higher; Antwerp unchanged: Paris wheat un changed to 5 centimes lower; flour 5 cen times lower. Price Current —Late rains have tiven important relief and help to crops. Fa voiable position maintained notv. Ith standing the cool weather. Packing :J70, --000 hogs, against 440.00u a year ago. Liverpool—Wheat—The declines In American markets yesterday and ch< a per offers of new crop of Kansas wheat caused opening losses of aid, and B fur ther loss of >4d In May. The crowd here in bearish. Corn —After opening %d low er, a further net decline of %a occurred in both months, the factors being the pres sure of Laplata parcels for sale ano the weakness in wheat. Weather —Moderate temperatures every where, with rains in northwest, lowa, Missouri, Illinois and Ohio valley. In the Dakotas and Minnesota it Is partly cloudy, 38 to 42 above; precipitation, .01 to .04. Scattered showers have occurred over a considerable portion of the country east of the Rocky mountains. A storm is now centered in the Atlantic coast and an other In the northwest. Moderate tem peratures prevail in all sections. The-4n dications are for showers in the eastern half of this forecast district, chiefly in the Mississippi valley and western lake region. Mild temperatures will continue. Forecast—Missouri, North and South Dakota. Montana, Nebraska. Kansas, gen eraly fair tonight and Fri<lay. Illinois, Indiana and Minnesota, partly cloudy to night and Friday, with showers in parts. Ix)wer Michigan and Wisconsin, probably showers tonight and Friday. lowa, partly cloudy tonight and Friday, with possibly showers in easi portion. Upper Michigan, probably showers tonight and Friday; warmer" in northwest portion tonight. Closing Cash Grain Prices No. 1 hard, 97% c; No. 1 northern, 95%e; No. 2 northern. 91%fR92%c; No. 3 wheat, 86%@87%c; No. 1 Durum. 78c; Mo. 3 yel low corn, 44% c; No. 3 corn, 43% c; No. 3 oats, 27c; No. 3 white oats. 28c; barley, 37<?j>43c; rye, 72%<§)74%c; No. 1 flax on spot. $1.39%; No. 1 flax to arrive, $1.39%; No. 1 flax. April option. $1.39%. Puts and Calls Minneapolis July puts. 89% c; calls, 93% c; curb. 91%e. Milwaukee July wheat puts. S2%e; calls. 83% c; May corn puts, 45% c;. calls. 46% c; July corn puts, 46% c; calls, 46 3iC ,-„, Minneapolis Receipts and Shipments • Receipts. Shipments. Wheat, bu 103.230 61.55;» Corn, bu 6,180 1.860 Oats, bu 11.880 21.560 Rye. bu 520 2,460 Barley, bu 13.300 10.170 Flax, bu 3,550 4,700 Flour, brls 648 26,583 MINNEAPOLIS CASH MARKETS Flax Strong at a Cent Advance, Oats a Little Firmer Flax—A first class demand with the market strong and a full cent higher. No. 1 flax closing in all positions at $1.39%. Receipts 5 cars and^shlpments 5. Corn—A fairly good demand with prices steady to firm. No. 3 yellow closing at 44% c. Receipts 6 cars and shipments 2. Oats—A better demand with the market firmer and %c higher. No. 3 white closing at 28c. Receipts 9 cars and shipments 14. Rye—Market firm on choice samples but slow and lower on the poorer run of offer ings; demand fair; dosing quotations, 72% (ft74%c. Receipts 1 car and ship ments 3. ...': Barley — A steady and general demand with market holding steady, malting sell ing at 4(K<i 4.V and feed at S7QMc Re ceipts 14 cars and shipments y. Feed and Meal—Coarse commcal and cracked com, in sacks, sacks extra. $16 26 (6)16.50; No. 1 tround feed, two-thirds corn and one-third oats. 80 lb sacks, sacks extra, $10.75@17.00; No. 2 ground feed, one-half corn and one-half oats 80 lb sacks, sacks extra. 117.264917.50; No 3 ground feed, one-third corn and two-thirds oats, 75 lb sacks, sacks extra, $17.75© Millstufts—Bran In bulk. $12.75- shorts $12.75; middlings. $15.75; red dog $-0 ()6: ail f. o. b. Minneapolis; j n 200 lb sacks' $1.00 per ton additional; in 100 lb sacks' $1.50 per ton additional. Shipments 899 tons. Hay—Reported by Cleveland & Co.; Re ceipts of hay the past week or ten days have been light and the market very firm Dealers and feeders are beginning to in quire for hay. and It looks as though ship ments made now would reach a good mar ket. Choice timothy, $9.60(2:10.00; No 1, $9.00(5)9.50; No. 2. $7.50#8.60; No 3' $6.00^7.00; mixed. $6.00(^7.00; clover No 1. $6.00@U.50; No. 2. $5.00(g>6.00; upland choice. $7.50(^8.00; No. 1. $7.00^7.50- No 2. $6.00(57.00; No. 3, $4. 5<Mb>5 .00; midland! $5.50ft6.50; swale. $4.00@6.00; rye straw $5.00@6.00; wheat and "oat straw. $3.50® 4.50. Shipments, 170 tons. STATE GRAIN INSPECTION Tuspectcd In — Wheat — Oars— «Jrent Northern—No. 1 northern. 4; No. 2 north ern. «; No. 3, 4; No. 4. 8; rejected, 3; no grade, 2. C, M. & St. P.—No. l northern, 7; No. THE ST. PAUL GLOBE. FRIDAY, APRIL 28, 1905 2 northern. 4; No. 3. 2; No. 4. 5; rejected, 2; no grade. 1. M. & St. L.— No. 1 northern, 1; No. 2 northern, 1. Soo Line —No. 3, 2: No. 4. 1. Northern Pacific —No. 2 northern. 1; No. 3. 1; No. 4. 4: rejected. ]; no grade. 1. C, St. P.. M & O.—No. 1 northern, 3; No. 2 northern. 3; No. 3, 3: No. 4, 1. Total—No. 1 northern, 15: No. 2 north ern. 15; No. 3, 12; No. 4, 19; rejected, 6: no grade. 4. Other Grains—No. 3 winter wheat, 13: rejected winter wheat. 2; mixed wheat. I; No. ?, yellow corn, 7; No. 4 corn. 3; No. 3 white oats. 7: No. 4 white oats, 8; No. 3 vats. ]; No. 2 rye, 3; No. 3 barley. 1: N". 4 barley. 2; No. 1 feed barley, 3; no grade feed barley, 1: No. 1 flax. 6. Cars Inspected Out—No. 1 northern wheat, 46; No. 2 northern wheat. 23; No. 3 wheat. 29; No. 4 wheat. 70; rejected wheat. 5; mixed wheat. 1; No. 3 corn, 3; No. 2 white oats, 4; No. 3 white oats. 28; No. 4 white oats. 8; No. 3 oats. 1; no grade >>;H?>. 1; No. 3 barley. 1; No. 4 barley. 17. No. 1 feed barley. 15: No. 2 feed barley. ::; No. 2 rye 2; No. 1 northwestern flax. 24; No. 1 flax, 3. GASH SALES Minneapolis, April 27 No. 1 Northern Wheat—6 cars. 95; 2 carp. 92c; 1 car thin. 92% c. No. 2 Northern Wheat — car. 92c; 3 cars. 91% c: 6 cars. 91% c: 1 part car. 91% c. No. 3 Wheat—s cars. 88c; 4 carp. SS%c; 4 cars, 88% c; 1 car choice. 90c; 1 car. f. o. b., 88% c; 3 cars. 87c; 2 cars. 88% c; part car, 86c; part car, 85c; part car, wet, 79c No. 4 Wheat—s cars. 78c; 1 car. SOc; 3 cars, 76c; 3 cars. 76c; 1 car. sample sale, 70c; part car. 76c; 6 cars, elevator, 7Cc. Rejected Wheat —1 car, 70c; 3 cars, 66c; 1 car, 60c;. 1 car. frost, 72c; 2 cars, 76c; 1 car, 77c. '- ~"~»■"-' No. 3 Corn— car, 43 %c; 1 car •white, 43c. No. 4 Corn —2 cars, 42% c. No. 3 White Oats—3 cars, 28c. No. 4 White Oats—2 cars, 27% c; 1 car, 27% c; 1 car. 27% c. No. 3 Oats —part car. 26% c. No. 2 Rye—l car, 75c; 1 car thin. 72% c. No. 4 Barley—l car. 42c; part car. 39c. No. l Feed Barley—l car, 39% c; 1 car. 41 %c No. 2 Feed Barley—part car. 36% c; 1 car. 39 %c: 1 car, 38c: part car. 37c. No. 1 Flax—l car. $1.40; 1 car, $1.41; 1 car. $1.3ui4: 400 bu to arrive. $1.40. Rejected Flax—part car. $1.34%. Durum Wheat — 1 car No. 2 mixed, 78c. Winter Wheat—2 cars No. 3, 68% c; 1 car rejected. 80c. 1 Mustard Seed—part car, per ton. $17.00. Screenings—part car, per ton. $17.00; 1 car, per ton. 7.75. DAILY WHEAT MOVEMENT The following are the receipts and ship ments at the principal primary wheat markets: *V~ Receipts. Shipment?. New York. 21,000 Philadelphia 1.726 Baltimore 1.166 Toledo 2.000 1,000 Detroit 1.200 St. Louis 9,000 • 31.000 Chicago 311.028 13.148 Milwaukee 2.640 2.640 Duluth 8.611 231.400 Minneapolis 103.230 61.380 Kansas City 53.000 75,000 SPECULATIVE GOSSIP Chicago to A. J. Cummlngs: Liquida tion in July and September wheat has been on a liberal scale. The speculative position looks healthy and I believe from somewhere around prevailing prices we are likely to get a good rally. Chicago—Corn i.s holding rather strong at the decline. There Js Important short covering of July and a good commission house demand for May. Unless wheat goes all to pieces think corn will close higher. Chicago—May wheat broke to 87% con selling by Love, Wrenn and scattered commission houses. Elevator interests the best buyers on down turn and firming market again. Kansas City—Rex mill, the largest here, said they sold a round lot of flour to go to Liverpool. August and September ship ment. Cash people .say it looks like would do some export business also at about these prices. Chicago—Reports from many counties of Nebraska Indicate that the Hessian fly Is busy and many wheat fields will be devas tated by the pest. Some grain men esti mate that the wheat will be damaged 20 per cent in the central section of the state. . New —There has been 15 loads of corn worked for export. There Is talk of some export business in spring wheat today, mostly Manitoba low grade wheat. ChicagoA close observer in the corn pit .says: Crowd have sold the corn to a standstill; are nervous now on their sales with the price higher than it was last night. Kansas City—Secretary Coburn of the Kansas agricultural department says wheat In that state promises a phenom enal yield. The crop is in fine condition everywhere. '. v j Chicago—Wheat is heavy on some fresh liquidation, some of the early buyers have turned to sellers and the selling generally has the appearance of further liquidation. Liverpool house cables: Wheat and corn affected by American advices. Wheat very depressed with pressure to sell hard winter wheat for August, September ship ment.. There Is no cause for depression in corn and the market is likely to im prove. Chicago—The opening rush of offerings In all pits'was pretty well cured'for and tone is steadier now. Rather buy wheat than sell It for the moment. Corn Is a lit tle groggy yet. Kansas City—This warm weather is likely to bring some fly talk. There were complaints here today from southeast Ne braska, and the general Idea is that there is considerable infection in southern Ne braska and northern Kansas. Chicago—This market is worth the money, the crop Is not made yet. and on a steady market will do an export bus iness on this basis. New York—There have been persistent rumors that the Amalgamated situation is steadily improving and that an an nouncement may be expected of ■ satisfac tory agreement with the Helnze interests which will eliminate the friction and liti gation which has all along been a menace to Amalgamated stock. The recent buy ing of Amalgamated Copper has been by Important interest, and while it will move with the rest of the market. It can be safely bought on declines. The interests dominant In this property continue very bullish on the stock. New York— Liquidation continues on the stock list. The bearish Influences nt work and the continued squabble in the Equit able, the reported increases In the losses of Bigelow of Milwaukee combined, with the tirade sent out by LaWSOCL New York— I am told to buy Smelter* now and follow It on scale down. London houses have been sellers this morning and the feeling there is not bullish. MINNEAPOLIS FLOUR MARKET Some Patents Worked for Export. Prices Weak and 15c Lower .-•-? Millers report quite a little improvement in the domestic demand for this commodi ty, while one of the milling firms sold a small lot of flour for direct export, prob ably the first on the crop, and they are expecting to make more sales if prices continue on about the same basis as now reported. Shipments, 261.583 brls. First patents. $5.00C?5.10; second pat ents, $4.80^)4.90; first clear*. $4.00474 10" second clears, $2.7562.85. (These are all f. o. b. in wood.) METAL MARKtiS NEW YORK. April 27.—Copper was un chanced In the London market at £6€ 5s for spot and JC«;6 8s 9d for futures. Lo cally the market shows no fresh feature. Lake Is generally quoted from $15.00 to $16.25, though some dealeis are asking $15.37%. ana there are on the other hand lots obtainable for May shipment under $15.00. Electrolytic is held even with lake at $15.00(315.25. and casting at $14.75 & 15.00. Iron eloped at 64s Id In Gias gow and at 51? ll^d In Middleaboro. The domestic market Is more or less unset tled. No 1 foundry northern is quoted at $17.25(&»18.00; No. 2 foundry northern at $16.76@17.j0; No. 1 foundry southern and No. 1 foundry southern soft at $17.255f 17.75; No. £ foundry southern at $16.75(p 17.25. WEAK AT OPENING, CLOSING FIRMER Liquidation In Grains at Open- Ing Checked by Shorts Covering CHICAGO, April 27.— price for May delivery fell 4% cents a bushel today on renewed selling by discouraged holders. The lowest point of the day was touched at S6\c. The weakness was due largely to a sharp decline at Liverpool and to continued excellent weather in America. The market became quite firm late in the session on covering by shorts. At the close May wheat was off 3»4c. July wheat is down %c. corn is up U©?ie. oats show a gain of %c. Provisions are unchanged to 17^4c lower. Wheat At the opening the wheat market was decidedly weak. May was off l'^c to 3»ic at 88% cto SOc. while July was down %c to %c at 82?4c to 83c. Under enormous sales from scattered longs the price of May was forced down to 86*; c before the end of the first hour. Millions of bushels of wheat are said to have changed hands during the break. July slumped off In sympathy to 82»i<S?S2a,c A number of Influences entered into the situation and tended to create the prevailing bearish sentiment. One of the leading elements was a sharp break in wheat prices at Liv erpool. Another prominent factor was weakness at Minneapolis. Perhaps the most vital cause, however, was the ex cellent weather prevailing generally throughout the United States. Additional rain had fallen over the greater part of the winter wheat belt. With predictions of higher temperature, prospects were fa vorable for the rapid development of the fall sown crop. Toward midday buying of May by a leading bull gave some support to the market., but the effect of the buying was partially offset by a rumor that the same operator was selling under cover. Later a firmer tone developed on quite general covering by shorts. One reason for im proved demand was a report from North Dakota to the effect that seed wheat was rotting- In the ground. Another reason was a report from Minneapolis telling of improved demand for flour for export. The price of May held firmly around 88c. during the last part of the session, while July advanced to 83>4@83Sic- The close was moderately firm, with final quota tions on May at 88c. July closed at 83c. Clearances of wheat and flour were equal to 35.600 bushels. Primary receipts were 49."!.000 bushels, compared with 154.000 bushels a year ago. Minneapolis. Duluth and Chicago reported receipts of 173 cars, against 168 cars last week and 73 cars a year ago. Corn Lower cables and the break in wheat caused heavy selling of corn early in the session, resulting in considerable weak ness. The selling, however, was general and was not from any Influential source. Seeing the leading bulls were not offering freely pit traders gradually curtailed their sales, and with a good demand from shorts the market became quite strong. Small primary receipts had a bullish effect. July opened ye to %c lower at 46% c »o 45-»c. sold up to 46*4 C and closed at 46^,if?46»4c. Local receipts were 74 cars, with 4 of contract grade. Oats Influenced by the weakness of wheat and corn, commission houses were active sellers of oats early In the session As a result the market had a weak undertone. Later the market rallied on buying by shorts and closing prices were practically at the highest point of the day. July opened a shade to >4c lower at 28% cto 28%G2S*;c. sold up to 28?ic and closed at the top. Local receipts were 63 cars. T'_~' : Provision! The feature of trading in provisions was renewed liquidation of May holdings. The market was weak throughout the entire day. Lower prices for live hogs had a depressing effect. The slump In grain also had a weakening influence. Pork showed the greatest loss, the July option closing at a decline of 15Q17%c, at $12 "5 Lard was off 2%©5 cat $7.25. Ribs were unchanged at $7.12%. Estimated receipts for tomorrow: -.:: Wheat. 71 cars; corn. 61 cars: oats. 81 cars: hogs. 18.000 head. Cash quotations were as follows: Flour easy. No. 2 spring wheat. *t>«?9oc; No. 3. SOiffOOc: No. 2 red. S6?;e9oc. No. 2 corn. 46»_c: No. 2 yellow. 47> 4 c. No. 2 oats 29c; No. 2 white. Sl#*l%c; No. 3 white. 29?««30»;c. No. I rye. 73% c. Good feeding barley. 34«i39c; fair to choice malting, 44<&>47e. No. 1 ilaxseed. $1.25%; No. 1 northwestern. $1.40. Prime timothy seed. $2.90. Mess pork, per brl. $11,904? 11.95. Lard—Per 100 lbs, $7.0507.07%. Short ribs sides (loose). $6.7566. Short clear sides (boxed). $«..>7> . ,i 7 .i»n. Whisky, basis of high wines. $1.23. Clover, contract grade. $13.50. Receipts— Flour. 17 000 brls; wheat. 311.000 bu: corn. 85.300 bu; oats. •1.300 bu; rye. 2.000 bu: barley, 47.300 bu. Shipments— Flour. 12.300 brls:' wheat 13.100 bu: corn. 21M.900 bu: oats. 95,000 bu; rye. 1,300 bu; barley 15.600 bu. On the produce exchange today the butter market was steady; creamery, 20©25c dairies. 20«i>24c. Eggs steady, at mark, cases included. 14% c; firsts. 15%: prime first, 16c; extras, 17% c. Cheese steady. 14c. OTHER GRAIN MARKETS NEW YORK New York— Flour—Receipts. 13.302 brls exports. 2.961 brls; dull and weak; winter patents, 34.904*5.25; winter straights. ?4.50@4.76; Minnesota patents. $5.25<fi 1 5.50; Minnesota baker?'. $3.40@3.55. I:>. flour quiet. Cornmeal—Quiet- kiln dried. $2.75(12.55. Rye nominal. Barley dull. Wheatßeceipts. 21.000 bu; spot easy: no 2 red. II%C nominal, elevator; No. 2 red. 92 a »iC. nominal, f. o. afloat- No 1 northern Duluth. 99>4c f. o. b. afloat: No. 1 hard Manitoba. V3l4c f. o. h. afloat. Bears scored a gain in wheat today, forc ing big declines in all options, and low records for the year. Selling was hasten ed by weak cables, fine crop conditions and weakness at outside points. A final rally on covering loft the market steady at *iift'l*ic net decline. May. 90692 c. c-lo?cd 90% c; July. 87%<S8S%c. closed 88% c; September. 83*,«?84%c, closed »%c. Corn—Receipts. 87,075 bu: exports, 42. --642 bu; spot Irregular; No. 2. 66>tc ele vator, and 51 %c f. o. b. afloat; No." 2 yel low. 52' : c; No. 2 white. 52c. Corn had a sharp early decline, due to weakness abroad and promises of better weather. but, rallied on covering and left off *»<-• net higher. May. yO",tf«sl*»«\ closed 51 He; July. 51>i«i51 3«e. closed 51*; c. Oats — Receipts, 25.500 bu; exports. 530 bu: spot easy; mixed oats. 26 to 32 lbs, 34%<U 35c; natural white. 30 to 32 lbF. 35V&V 36% c; clipped white, 36 to 40 lbs, 35>*.'» 39c. DULUTH Duluth. Minn.—No. 1 northern to ar rive. 98c; on track. No. 1 northern. 89c; No. 2 northern. 82©'S5%c; May, 89.•; July, 89?ic; September. SlUc. Flax, to arrive, on track and May. $1.40; September, $1.28%: October. $1.27 V Oats, to arrive. 2Sc: on track. 2J»%c. Barley. .39%t£41c. Receipts— 8,511 bu. Shipments— Wheat, 21,400 bu. P KANSAS CITY KANSAS CITY Kansas City. Mo.—Wheat— Lower; May, 79% c; July. 73»i@73%c; September, 70% ©71c; «as«>Mo. 2 hard. 84<&90c: No. 3 78 «S7c; No. 4. <>s<sß2c: No. 2 red, 84G$0c; No. 3. 78687 c; No. 4. 65 82c. Corn— Steady; May. 42%€c42?;c: July. 42\c; September. 42% c; cash No. 2 mixed. 45c; No. 3. 44«i@45c; No. 2 white. 45 13.c: No. 3. 4 @4s^c. Oats—Steady; No. 1 white, 32@33c; No. 2 mixed, 31@31%c. " ;>: ; ,.. ST. LOUIS St. Louis—Wheat—Lower; .No. 2 red. cash, elevator. 85%«595ic: track. 98£99 c; May. Ss?ic; July.-^S^c: No. 2 hard. »Ufc> 92c. Corn—Steady: No. 2 cash. 45% c; Hack. 47<»47%c: Mrfy, 445ic; July. 44»« «?44"%c. Oats— Lower; No. 2 cash. 28c: track. 28%ft >2S»ic: May. 27% c; July, 27% - No. 2 white. 31&31% c . MILWAUKEE.. Milwaukee. Wis.— Flour-— 10c - lower, Wheat—2c - lower; No. 1 northern, 98c; No. 2 northern. 92696 c: May 83@83%c; putF. 82% c asked; calls. 83* 4 c bid. Rye— Dull; No. 1. 79c. Barley—Dull; No. 1. 50 ®51c; sample. 38651 c. Oats—Easy; standard. 31Cti 31-.c. Corn—F.asier- No. 3. 46%©47 c; May. 45»i@>45%c bid; puts. 45»ic bid; calls. 46SC asked. LIVERPOOL Liverpool—Wheat—Spot, quiet- No 1 California. 6s ltd; futures dull; May. 6s 6%d; July. 6s 6V«d; September. 6s 4*« d. Corn—Spot, quirt; American mixed, new. 4s 2d; American mixed, old 4s lV«d- fu tures quiet; May. 4s l"»d; July, 45~2%d. PRODUCE MARKET The quotations which follow are for I goods which changed hands In lots in 1 the open market. In filling orders in oc? --der to receive the best goods for ship ment and cover the cost Incurred an ad vance over Jobbers' prices has to be charged. Butter—Creamery, extra. 28c: firsts. 26©27 c; dairies, extra. 22©24 c; firsts, 22@ 23c; renovated. 22%@23c; rolls and prints. 17% c; packing stock, fresh, 17V-c; grease. 6c. : - •.» : ■*•■'. 1 Cheese—Twins, fancy. 14%©15 c; twins or flats, storage. 10@ll%c; Young Amer icas, fancy. 15»ic: brick. No. 1. 16% c; brick. No. 2. ll#12c; limburgcr. No. 1. new, 15c; prlmost. No. 1. 8c; pultost. 10c; Swiss cheese. No. 1. wheel. 145£14%c; j Swiss Cheese, No. 2. wheel, 13c. Eggs—At mark, cases Included, 14c. Beans—Choice to fancy navy, per bu. $1.36@1.55; brown, fair to fancy. $1.7513? i 2.15. Peas—Yellow peas. $1.25. Potatoes—Home grown, car lots, 22® 25c; sweet, brl. $5.00. —Asparagus, doz. $1.25<t?1.ri0; beets, per bu. 40c: beets, new. doz, 75c; i cabbage, per cwt. $1.25; cauliflower: crate. $3.60*4.00; carrots, bu, 40c; carrots new : doz. 75c: California celery, crate. $3.75; Florida, doz. $1.00<51.25; cucumbers, doz. | $2.00; lettuce, home grown, doz, 30@35c; mint. doz. 75c; onions, dozen bunches 10!&>15c; onions, cwt. $2.25: parsley, doz. • 40c; pie plant. 60 lb box. $1.00; radishes. dozen bunches, tec; rutabagas, bu. 40c; turnips, new. 76c; tomatoes. Florida, 6 basket crate. $6.00. Apples—Western box apples. $1.6091.75. Strawberries—24 pints, $2.00; Texas, 24 quarts. $3.75. Cranberries—Jerseys, brl, $5.50®9.00. Bananas—Per bunch, as to size $2.00 @3.00. Lemons—California, per box, $3.00, choice. $2.75. Oranges—Navels. $1.60®4.00; Florida grape fruit. $5.50^6.00; California grape. fruit. $3.50; mixed sweets, $3.25-33.50. Dressed Meats -Veal, fancy. 6'^c: fair to good, 6<&54c; mutton, country dressed. 7^,^9c; fall lamb, round dressed. 10«j.llc; spring lambs, pelts on. 16017 c. Live Poultry—Hens, 12@12>*c; mixed chickens. 11&ll%c: old cocks. s@6c; tur keys. 13c; ducks, 10«j)llc; geese. 9@loc. CHICAGO PRODUCE CHICAGO. April 27.—Butter—Easy; cieamerles, 21926 c; dairies. 20#25c. Eggs—Steady: x at mark, cases included. 14%@15c. Cheese—Steady; daisies. 14c; twins and Young Americas. 14c. Poultry —Live, steady: turkeys. 14'ttlf.e; chickens, 12% c. Potatoes— burbanks, 250 27c; rurals. 24©27 c; new Louisiana ham pers, white. *1.70; red. $2.50. Veal- Weak; 50 to 60 1b weights 4<R>se; 65" to 75 lb weights. 5@5%c; 80 to 1-5 lb weights, 6@7%c. NEW YORK PRODUCE NKW YORK. April 27.- Butter—Weak receipts. -6.357 pkK«; street price, extra creamery. 29c; official prices, creamery. common to extra. 24#29c; state dairies, common to extra. 22i*28c; renovated common to extra. 17tfi27c; western imita tion creamerj". common to extra. 24^ 57c. Cheese—Firm: receipts. 1.764 pkgs; skims 4i 4 tol« J»c. Eggs—Steady, unchanged; receipts, 29,883 pkgs. ST. PAUL MARKETS Feed and Meal—Coarse ccrnmeal and cracked corn. ton. $17.00; giound feed No. 1. two-thirds corn and one-third oats. 117.50: ground feed. No. 2, half corn and half oats, J1S.00; ground feed. No. 3, one third corn and two-thirds oats. $18.25. Bran and Shorts—Hian In bulk, $1:1.uO; bran in sacks. 200 lbs. $13.50; bran in sacks. 100 lbs. $14.20; standard middlings. In bulk, $13.00; standard middlings. 20f lb sacks. $13.60: standard middlings. 100 lb sacks, $14.25; middlings flour bulk $16.75; middlings flour. 100 lb $17.00; oil meal, per ton. $26.50. Hay-Receipts. 11 cars; choice prairie. $8.00; No. 1 prairie, $7.00(g:7.50; No I prairie. $5.00 fa b.00; No. 3 prairie $4 50ft 6.00: No. 1 midland. $4.505i5.50 Xo 2 midland. $3.00 <ii> i. 50; choice timothy $9.26; No. 1 timothy. $8.25(§5.70; No 2 timothy. $7.25^8.00; No. 3 timotbv. $6.00 ©7.00; No. 1 clover hay. $6.00^7.00; No. 1 clover hay, mixed, $7.25'd5.00; No. I clover hay, mixed, $5.00'u 6.00; packing hay. $3,004*3.50; no grade. $2.00&r > 50 --r» straw. No. 1. 58.75#6.75; No. 2. $£ 00 tfu.so; wheat and oat straw, $:: 0004 3 Flour —Patents, firsts, 5J5.M9C.00; pat ents, seconds. $5.70.ii.50: clears, firsts, $4.405>4.C0: red dog. per ton, 140 lb sacks $19.00. * THE FLOUR TRADE The collapse of the May wheat deal was the feature of the week. With the other option's and cash prices d».wn in sympathy with the May option. Hour values have reduced at least -i" cents during the week and the market is still so un settled that it difficult to quote the price on Hour. Minneapolis mills, as w.-ll as mills In other centers, have a good deal of flour sold at foimn prices and are now encountering the usual trouble, under such conditions, with buyers who are r-fusing to live up to their contracts. It is beoeved that wheat pries are now near a basis justified by supply and de mand, and if the market shall I settled, a fair trade In flour may r. - suit. Some cabled bids on patent have already been receive,] | >V a Minneapolis mill whi.-h Indicate that valves <>n this side are approaching very closely the Ideas of importers < :■ the other si.u-. Winter wheat fiom markets also an moralized. DuUnena prevails «-• • with mills awaiting stability In wheat prices. Eastern buyers are bol'iinc off on the sime account. The siight n Tuesday h;»<i a tendency t«' strengthen the situation, and mill, i eful of bet ter conditions shortly. Good lair.s !>ave fallen over a major part of the winter wheat b. It and prow inn con ditions are ;■ In parts of the spring whent territory warimr weather last week would 1 aye been acceptable, in North Dakota and northern Minnesota the need of moisture is felt to a considerable ••xtent. Oabi.s today to the Northwestern MOlei from the markets .of the United Khißdom and Holland state that very litt!.- business In flour is passing. The Baster holiday n has checked •iperation.s and the break in American wheat prices has ti ml ed to confirm buyers in a policy Of ab stention.—Northwestern Miller RAILROAD NOTICES The American Business Man When traveling with his family, seeks safety and comfort, combined with - and punctuality. The utmost devotion to duty and the unquestioned loyalty to the road on the part of the employes of the I-nke Shore «.V- Michigan Southern Railway arsure the traveler over this popular Trunk Line of a journey which will be in every way safe and pleasant. Wise trav elers appreciate such advantages and sn that their tickets read via the -Lake Shore." 1.. F. VOSBIROH. Genl West'n Pass. Agent, Chicago W. B. HUTTER. Northwestern Pans. Agt.. St. Paul, Minn. To California for $32.90 via Chicago Great Western Railway Tickets on sale from March 1 to May 16. For further information apply to J. N. Storr. General Agent, corner Fifth and Robert streets. St. Paul. Colonist*' Ratn to Points in tie south west Th« Chicago Great Western Railway will on January 17th. February 21st and March 2l»t sell one way Colonists' tickets to points In Missouri. Arkansas. Kansas. Oklahoma. Indian Territory. Texas and Colorado at greatly reduced rates. For further Information apply to J. N. Storr. Gen'l Act.. Cor. 6th and Robert Bts.. St. Paul. Most Want ads are "stitches in time," and "ounces of prevention." Let The Globe—the People's Paper—show you the "Best Way."—Either phone. 1003. LIQUIDATION CONTINUES IN STOCKS DOMESTIC MONEY MARKETS New York - - Minneapolis < all money .. 2% per cent New York exchange: Selling rate S.xty day sterling $4.54.50 70c premium; buying rate 20* '■'" Bars.lver •.Wa S hSn g ion 7-- 56% C miun , Chicago exchange: Sellir.? _, wasnmgton rat e, 75c premium: buvine rate 25c Treasury gold reserve... .$150,000,000 premium. London 60 day sight dOcS C art balance 133,850,282 mentary exchange, $4.54%. BANK CLEARINGS THURSDAY St. Paul .\.. $1,109,179 j Minneapolis $2,537,446 CLOSING STOCK LIST Quotations furnished by Edwards-Wood Co., main office. Fifth and Robert streets, St. Paul. Salts High Low [Close . I I i t Bid Atehison 17"00 8i;"« S4 7 S So do pfd 2500,102% 1101% 1101 Atlantic Coast Line! 7500:105% 161 160% Baltimore <* Ohio. .1176001108 105 '>'.'' do pfd I 200: 96% 96%! 95 ' Canadian Pacific ...115200|151% 148% 148% Cen. of New Jersey. 400199% 199 198 - Chesapeake «.- Ohio.. 139001 53% 51% 51% Chicago & Alton ... 100 37% 37% 36 do pfd 200 SO '■ 80 j 80 Chi. Great Western. 6400! 22% 21 V\ 21% Chicago & North-W. 1 1001235 235 235 C.. M. & St. P 57600i179 175 175 Chi. Ten & Trans... 100 17 17 17 do pfd J 400| 33 ■ 30% 31% C. C. C. St. L ( 8001101% (100 98% Col. & Southern .. 10000 29%! 27% 27% do Ist pfd I 300 59%! 59 55% ■ do Sd pfd 200 37%! 37% 36 Delaware & Hudson. 6001189 [187 * 187 Del.. Lack & West | : 376 Denver & Rio G | 32% do pfd 500) 97 | SB% 85 Erie 42300 44V 42i 4 42% do Ist pfd ' 8100! 79%| 77%; 77% do 2d pfd 35001 62%| 65%| 66 Hocking Valley 500! 93 j 93 | 90 do pfd | ! 1 93% Illinois Central 7800 162% |158% 158 lowa Central . j -s do pfd 200 53 53 52 Kansas City South..; 2300 30% 30 30 do pfd I 4300| 65 63% 63% Louisville & Nash... 793001153% 14S |148% Manhattan L 1 1200!164%|1t;3 1163 Met. Securities 142001 53%! 80% 81% Metropolitan St. 16100 119% 117 Mexican Central ... 7900 22%| 20%| 21 Minneapolis it St. L | ....'. 56 M.. St. P. &S.S. M. 19001114% 113 112% •do pfd ■ 100 159% 159%ti59% Missouri Pacific .... 27000102% 99 "| 9!)% Missouri. K. A; T... 12001 30% L'St 1., 29% do pfd ; 2400 65 "l 62% 62V1 Nat. R. R. of M. pfd I 35 " New York Central. 314001152% 148% 148 N. v.. O. & West... 1600; ;..;>.. 53% 53% Norfolk * West, . 209001 80% 78% j 75% do pfd ! 92 Pennsylvania 74100 141% 139 139% P.. c. C. & st. L... 1000 78% 74 76 Reading 66400 94% 92% 92% do Ist pfd .... 300 92 92 !91 do 2d pfd : si; Rock Island Co 19400 32% 30% I 3034 do pfd 3700! 76% ; 75 | 75' St. L. \- S. F. 2d pfd | 67 St. Louis South s.i do pfd : 1000! >::'-\ 61 62 Southern Pacific ...39200! 63% 61 61 do I'M I 700 117% 117% 117% Southern Railway .. 70001 33 31% 31% do pfd | 97 Texas & Pacific .... < 3400 36% 33% 33% T., St. 1.. & W 300 38 " 35% 36 do pfd 300 59% 57% 57% Union Pacific 227S 125% 121% 121% do pfd 500 98% 98% 98% Wabash 10.hi 21% 21 " 21 do pfd , 2400 45% 43% 4:;'.. W. & Lake Erie ... 200 17% 17% 17% Wisconsin Central.. .700 22% 21% 21% do pfd ; '400 49 48% is " Northern Pacific ... 28001175 170 170 Am. Copper ex div 118600 84% 80% 81% Am. Sugar Refining. 14600 142% 135% 138% Krook. Rapid Trans. 30200 66% 63% 63% Col. Fuel & 1r0n.... 13600 52% 49% 49% People's Gas 65001106% 104% 104% Republic Steel 6000 21% 19 19% do pfd 3000 78 75% 75% United States 5tee1. 154600 35% 33% 33% do pfd 1007001102% 1 100% 100% Western Union | 100 93% 93% 93 Northern Securities.l 10000 162% 155% 156 T. C. R. T 13100 114 112% 112% Total sales for the day, 1,631, 50U shares. NEW YORK BONOS U S ref 2s res..lo4%! Japan 6s. ctfs.. 98% do 28 c0up...104%iL & N unl ,4s. ..l".!' do 3.« reg 104 Man C gold 45.. 104% do Is c0up...105 |Mcx Cent 45... 77 do n la reg... 132 | do Ist Inc... L'l% to 11 4s coup. 133 M&St L4s 96% Co 0 4s reg.-.". 104% M X & T 4s 101% do O4s coup.. 104% 1 do 2ds 85 Am Tob 4s. ctfs 73% iN H It of M c 4s 80% do 6s, ctfs...H3V4iN -> eg 3%5...100 Ateh gen 45....102%|N J C g ;.s 135% do adjt 4s K%|Nor Pac is 105>4 AC L 4s IOIVjj do as 77% B & O 45.;.....103%|N & W c 4s 101% do 3%s 95%t0 S L rfdg 45.. 97% Cent of Ga ss..ll6%|Pf»nn eon? 3%5.105% do Ist Inc ... 93 i Reading gen 48.102% do 2d mc 77% St L & I M C ssll~' C & O 4%a 107% St I- .>• S F fg 4s 90% C& A Sis 82 St L S \V c 45.. s::\, C II & Q n 4.-.. 99% S A L 4s $6 <' X I & P45... 82% So. Pacific As... 95% do col Os 92% So Railway 55..119 CCC &~StLg4s:lO33s|T & P Isrs 123 V fChi Term 45... 98 TStL &XV 4s. 84^ Col Mid la 75 [Union Pac 45...105 i;, Col & So is.. . 94 I do cony 45.... 123% Cuba :,s. ctf5..104% r S Steel I'd as. 97% fD &R Q 45... 101 Wa bash lsts 118% Dis Sec 5s 78%; do deb H .... 76% Erie i) 1 Is }01%|\Vest Md 4a 89% do gen Is 93 \V ALE 4s 94% F\v.v D C 15t.114 IWis Cent 45.... 94% Hock Val 4%5,.110% fOffered. BOSTON WM STOCKS BOSTON, April 27.— Closing copper quo tations: Adventure, :'. V" •; Arcadian, 1% 1il%: Arnold, il-.. asked; Atlantic. iiV" 15; Bingham, 32 -.; British Columbia, 7%(?«/ 7%; Calum»t and Hecla. 6550660; Cen tennial. 4 'm!!i; Consolidated Mercur, ■'•'.> bid; Copper Range Consolidated, 7-. ft) 72%; Daly West. 14%; Dominion Coal, 77%r»i7!); Elm River, :\'n :V- Franklin, b%''gS%; Granby, 5%<96: Guanajuato, 5%. Tj6; Greene Consolidated. 27% -i :T: 4 : Isle Royal.'. i\i:''ii:\ Mayflower." %<fi>l%; Michigan. 12%; Mohawk, 49' i; Old Colony. !'n 1 ' L .: Old Dominion. '14%; Osceola. 95% '-It Phoenix. I. ■'_. Quincy, 98&100; Rhode Island. 1%@1%; Shannon Copper Co.. 7%(fi)7%: Swift & Co., 10S%(&109; Tamarack, 1206125; Tecumseh. 2 bid; Tennessee. j--:s'.; United States Oil, 9% ©10; Utah. 4- 1 •«' U- 4 ; Victoria, 3%<»4%: Wlnona. 11%^»12; Wolverine. 108®109; Wyandot, \\tfl; Santa Fe, "#7%. COFFEE AND SUGAR NEW YORK. April 27.—Sales were re ported of 37.750 bag*, including May at I.Me; July, 16.70 c; September, 6.85£ 6.90 c; October. 7.00 c; December, 7.150 7.20 c; March, 7.30 c. Spot Rio, steady; mild, quiet. •Sugar ßaw. steady; fair refining. 4c; centrifugal, '.••'. test. 4%e; molasses sugar, 3*4 c; -retined, quiet. -■- NEW YORK COTTON NEW YORK. April 27.—Cotton futures closed steady: April, 7.05 c; May. 7.11 c; June, 7.'Me; July. 7.13 c; August. 7.17 c; September, 7.22 c; October. 1.-'.>•■; Novem- ! ber. 7.33 c; December, 7.39 c; January. 7.44 - February, 7.-!>><•: March. 7.54.. Spot clost <1 steady; middling upland, 7 .'sc; middling' gulf, 7.SOc; sales, none. CALCUTTA CALCUTTA. April 27.—Tho rat* of dis count of the Bank of Bengal was reduced today from 5 to 4 per cent. ~l;^ PARIS PARIS, April 27.—Three per cent rentes 98' francs o^Vj centimes for the account. The weekly statement of the Bank of France shows- the following changes: Notes In circulation decreased 43,000.000 francs; treasury accounts current in creased 65.100.000 francs; gold " in, hand increased 14.425.000 francs; bills discount ed Increased 69.100.000 francs; silver in hand decreased 2,325,000 francs. BERLIN BERLIN. April 27.—Exchange on Lon don 20 marks 48% pfennigs for checks. Discount rates, short and three months bills 2 per cent. NO BUYING POWER IS NOTICEABLE Prices Down From Two to Six Points AIJ Along the Line XKW YORK. April 27.-The lack of confidence In the present level of prices was the only obvious onus, for the wave 01 liquidation which swept over the stock market today and carried prices com prehensively to a lower level. The liquida tion \va s renewed again and again and the entire lack of support and the failure to attract any effective demand at the cheaper prices caused progressive growth In the feeling of distrust. The violence of the deciine gave rise to a crop of sinis ter rumors of "something hanging the market." No better foundation de veloped for these rumors while the trad ing was i n progress than for the many brilliant stories which have regaled the speculative appetite while prices were be ing pushed upwards. The stocks cen- Uring about the Northern Securities com pany shared fully In the days weakness. tut they were not so singly eonspi< as baa~been ih<- case lately. Rumors carding these properties having passed worn the stage of win,!, sal.- consolidation to that of complete antagonism followed by denials of the supposed hostilities the stock market Impression has settled down to the view that capitalists i n control of these properties probably have been at tending to th*- affairs ( ,f their own prop erties without contemplating anything to give basis for the roseate stories regard ing them which have obtained widespread Bull Hopes Shattered lli,' resulting state <if mind on Oms topic is fairly representative of that on the many other subjects which have been made the object of Imaginative reports of »te. yesterday's retention of ttv former dividend on Norfolk A Western aeemect to shatter the hopes of speculators regard ing ;i large Dumber <>f other stocks which have been heavily bought <m similar ex pectations. The st<:i y of the Louisvilie Las.- to Atlantic CoaSt Line on a 7 per '••nt dividend basts, which was the latesC production <>r tliis character obtained so Uttlo rredit today that those two stocks were amonp the principal sufferers by reason, of the violent reaction from yes terday's Jump. Rumors of mergers among the metal Industrials which have lifted prices extensively were equally open to suspicion with consequent damage to the sfock concerned. Another break in th« wheat market served to renew anxiety regarding losses in that speculation which would have had t.i i n made g lin th« Mt(i<-k market. The opening influenci on the selling from foreign financial centers was Btrong-, owing to the unsettlement there over the International political out look. Paris manifested decided uneasiness over the dispute with Germany regarding conditions in Morocco. The report timt Hi. cable to the Asian mainland from the island nearest to the field of naval ac tivity had been cul seemed to inspire the circulation of sensational rumors that the expected naval battle already bad been fought with unexpected results. Equitable Scandal But it is doubtful whether any <>r all of these matters had as much influence on the sciiinK as a vague feeling of suspicion and a fear "f some unfavorable develop ment y.-i to h»- announced. The discus sion of the Milwaukee bank episode and tin- Equitable Life assurance scandal, with tin- renewed ventilation in that" con nection <>f the <>id and unsavory United Stat>^ Shipbuilding Incident, wen lieved to threaten a spread of distrust over a wid. field and ill-- resulting loss of confidence was dreaded for its results On credits. The shaipncss of the rally yesterday had aroused hopes thai the mosi urgent liquidation was over, although H was expected that profit taking by those who supported the market on the break and who secured holdings a! the low price would check the rally. Hut a period of quietude wag expected to ensue In the normal course <>f the market. The char acter of today's selling was a plain intl mation that Important liquidation re mained to be completed. Tin- volume of the selling gave rte< t<> some startling estimates of the proportions of the spec ulative losses which have been suffered by reason of ill judged campaigns. Finan cial authorities <■( a substantial character expr< ssed the opinion that the awakening to the illusory charactei of much ■ recent gossip would make for the health of the market, although th-- readjustment miKlit prove a painful process The tone ar the close was semi-demoralized arid showed losses from 2 to over 6 f«n nil the principal active stocks In the IM. Bonds Were weak. Total sales, par val ue. $2,995,000. United Stales bonds all unchangi d on call. MONEY REPORTS WASHINGTON WASHINGTON, April 27.—Today's statement of the treasury balances In the j general fund, exclusive of the $!50.0ft0.0Q0 gold reserve In the division of redemp tion, shows: Available cash balance, $133,850,282: gold, $63,133,514; silver; $24,- - 861.857. NEW YORK NEW YORK. April 27.—Money on '•all firm, 2%<^3*4 per cent, closing bid 2?4- Time loans steady; sixty days, .il, per cent; ninety, days. :!>*.; six months. I ;:'•.■.■ :'. 7,. Prime mercantile" paper, 4®4%: '] Sterling exchange firm, with actual busi- ; ness in bankers' bills at $4.86.46 <S>4 i for demand and at $4. 84. 50^4.81.55 for sixty day ills; posted rates. $4.£5 and $4.87; commercial bills, $4.84 1 1.84^. Bar silver. 56% c. Mexican dollars, I4>:>c. Government bonds steady. Railroad bonds weak. LONDON LONDON, April 27.—Money was in good demand in the market today in payment at the call for the Japanese loan, though the pressure did not equal expectations. Discounts were firm. Trading on the stock exchange generally was affected by the dearness of money, i besides the attitude of Paris regarding the Moroccan situation, which restricted business. Prices weakened later on con- I tinental selling orders. Consols were I easier and home rails were lower. Americans opened considerably depress- I fd. reflecting the feeling in New York, % : Illinois Central being a notable exception. * , There were further marked declines late * I in the afternoon on New York selling, es pecially United States Steel, and prices «. closed Mat. Foreigners declined on Paris selling. Imperial Japanese government 6s of 1901 --were quoted at 100%. • The rate of discount of the Bank of 1 England was unchanged today at 2% p*l cent. The weekly statement of the Bank? of England shows the following changes:* Total reserve decreased £193.000; circu lation decreased ' £315,000: bullion;, decreased £508,290: other securi-% ties increased £679,000. and other; deposits in creased £735.000; public deposits decreased £204,000; notes re serve decreased £03,000; government se curities unchanged. The proportion of the bank's reserve to liability this week if 50.70; last week It was 51.67 per cent.