Indianapolis Journal, Volume 54, Number 42, Indianapolis, Marion County, 11 February 1904 — Page 10

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THE INDIANAPOLIS JOURNAL, Til URSDAY, FEBRUARY 11, 1904. " WINTER WHEAT IS AT $1 MAY WHEAT GOES TO 97C LOCAL STOCKS AND BONDS STOCKS WEAK AND LOWER

The Companies Represented by Gregory Appel will lose in the Baltimore fire, according to latest reports, about $2.500,003. The same companies had on the 1st day of January, 1904. more than $50,000,0?0 of cash assets and $18,000,000 surplus to policy holders. The companies are now adjusting and paying all claims without discount.

GREGORY & APPEL AGENTS

PORTERFIELD & CO. Bankers and Commission Brokers CHICAGO, ILL. We buy and sell broken lots; carry Grain and Stocks on reasonable margins. Write for our Daily Market Letter and keep posted. Indianapolis Office, 207-8 Stevenson Bldg. Old Phons Main 884. New Phcne 1884 Time and Money Fly WITH ALL OF US. Call and pet one of our Banks before your money takes wins unto itself. $1.00 starts an account and compound Interest makes it grow. THE CENTRAL TRUST CO, 50-3 East MarKet St. The Leading Trust Co. of Indiana The Union Trust Co. 118-120 E. Market St. Capital, - - $600,000 Surplus, - . $300.000 Lx cults Ml Manner of Trusts Iv. DANIELS, Commission Broker Stocks?Bonds,6rainandCotion 84 LOMBARD BUILDING. New Phone 2961. Old. Main 527. If You Wish to Etuy or Sail UNION 1RACTI0N STOCK OR BINDS 1 : : NEWTON TODD "'.'Sr SAFE DEPOSITS. S. A. FLETCHER & CO. S gilt Deposit Vfitilt 30-:tl Kami Wush'nston Street Absolute safety against fire and burglar. Policeman day and night on guard. Designed for safe keeping of Money. Bonds Will Deeda Abstracts. Silver IMate. Jewels and valuable Trunk. Packages, etc. Contains 2. IX) boxes. Kent $5 to ir. Per Veur. WILLI A M A. Hl(.ll!:S - - Manager THKRE ARE NO SAFER INVESTMENTS for your money than the farm and city mortgages that we have for sale. In 8 yents we have sold over eighteen billion dollars of these mortgages and have never lost a dollar of interest or principal and have never foreclosed a mortgage since we have been in business. Phones. New 1S24; Old black 4126. 4. V W ILLIAMS dt CO. Bankers. No. 10 East Market St.. Indianapolis We allow three per cent, on deposits. THE COFFEE MARKET. NEW YORK. Feb 1 The market for coffee futures oiened steady st an advance of 0 to 10 point and ruled steady on scattered buying as a result of steady European markets, smaller Brazilian reeelpts and unfavorable reports from the Brazilian crop. There was some further liquidation and at times importers appeared to be selling. But the market In the late trading ruled particularly firm and more active under an increased demand tr-m traie ources and buying orders from Wall street. The close was firm at a net advance of 30 to 35 points, with sales of 187.000 bags, including: Marth. S.Ssc; April. 6c; May. 5. .20c; July. t.lHr-. 45c; September. 6Vff.40c; October, s.70c; December. 6.!ttti7. Wc ; January. 77.15c. Pcaltry and Other I'roilarr, Prices paid by shippers.) Cbatce Wisconsin. 13c; New York full creams, Ste; Swiss. 16c. brick. 14c; limburger. 12c. Poultry Torksys. 13c; hens, 9c; cocks, 4e; ewpon. lie; young ducks, sc. springs. 10c; gee. iC per lb. Butter Choice roll, 11c; Elgin creamery. 28c; Star. 24c Eggs Steady at 25c. Wool--Local dealers are paying for wagon lots: Good medium merchantable i.nwashsd. lie; soars sad braid. 15c; heavy merino. 10012c-half-blood. I2414c; burry and cot ted. 12ffMc: ti. i: 1 Feathers Prim gees. 30c per lb; prime duck Ju.- pmt It. Qssse Rabbits. 75Jc per de. HKc per dos fur i J Beeswax 30c for yellow. 25c for dark. HID KS AND TALIjW. Orctn-salte l aides No. l. 7c; No. t, Mtc; Wo. 1 calf. 10c; No. 2 calf. 9c. Tallow Nu. I. 34c No , 3c. t;ii: jonui; tr ir. (The saltations given below are the selling prices of tnc wholesale lealers.) Miidlfs. ut. Figs. Casdtes 'spital stick candy ibrls). 6c per lb; camnw. n.n- ! 5c; grocer mixed. 54c: Bann er twist stb k. T4te; Banner cream mixed. 9c Iwi b mixed. 74e. Nuts- Soft she I ld almonds. !.'. ; Brasil nuts. 10c; fl!oerts. 12c. peanut, roasted, 78c; mixed Figs New Smyrna. 12c per lb. ( oul und ( okr. (Retail Prices.) Half ton. Ton Anthracite fall ! $3 90 f V) .15 6 00

Cannel 3.1" .00 Biossburg 2.&0 5.50 Jackson (Ohio) 2.75 5.25 Kanawha 2.50 4.73 PMtsbrrs 2.50 4.7: Raymond 2.50 4 7"i Winlfrede 2.50 4.7 . Hocking Valley 2.40 4 5 Luhrig 2.40 4 50 Brazil block 1 2 25 4.25 Oreen and Sullivan (lump and nut)... 2.00 3 75 Black, smokeless 2. 5 4 5' Slack. Jackson l.5 3.0) Slack. Pittsburg 1.65 3.n Slack. West Virginia 1.65 3 00 Slack. Indiana 1.40 2.50 Connellrvllle coka 3.90 7.50 Oven coke 3.90 7.50 124 bu. 25 bu. Lump coke. 12c per bu $2.00 $3.'0 Crushed coke. 13c per bu 2.15 3.25 Baas. 25c per ton extra, ground floor or dump d in cellar; 50c per ton extra, second floor or carried in cellar. From wagon, 25c per ton extra, by wheelbarrow, chute or basket. I) nigra. Alcohol, $2.52-82.70; asafoetlda, 10c; nlum. 24 04c; camphor, 8085c; cochineal. 55c; chloroform. 5Mr65c; copperas, brl. 85c; cream tartar, pure. 32035c; indigo, 6:080c; licorice, Calab . genuine. 35400; magnesia, carb.. 2 ox 2ö22c; morphine, r A W . per oz. BL4fl 70; oil bergamot, per lb. $3; opium. $3. 50fc3. 75; quinine. P. & W . per oz, 313c, balsam copaiba. HMOc; soap. Castile, Fr.. 13016c; soda, bicarb.. 24fc5c: salts. Epsom. lflc; sulphur flour. 205c; saltpeter. &VlOc; turpentine, 63'i70c; glycerin. I4p20c; iodide potassium. $2. 15O2.50; bromide potassium. 45O50c; chlorate potash. 15020c; borax, 9012c; clnchonida. e&34c; carbolic acid, 27c; cocaine, mur.. $4.0504-25. Dry Goods. Bleached Sheetings Androscoggin L. Sc; Berkeley. No. 60. 9c; Cabot. 74c; Capitol, 74c; Cumberland. 84c Dwight Anchor. 4c; Fruit of the Loom. c; Farwell. 8c; Fltchville. 74c; Full Width. 64c; Gilt Edge. 64c; Gilded Age. c; Hill. 84c; Hope. 7c; Lin wood. 84c; Lonsdale. 9c; Pea bod v. 64c; Ptpperell, 9-4. 24c; Pepperell. 10-4, 26o; Androscoggin, 1.-4. 25c; Androscoggin. 10-4, 27c. MOWS Sheetings Atlantic A. 8c; Argyle, 6c. Boot C 64c; Buck's Head. 6c; Carlisle. 40Inch. 6c; Dwight Star, 84c; Great Falls E. 64c; Great Falls J, 64c; Hill Fine. 8c; Indian Head. 8c; Pepperell R, 4c; Pepperell. 10-4. 24o; Androscoggin. !i-4, 23c; Androscoggin, 10-4. 25c. Prints Allen dress styles. 5c; Allen TR. 54c; Allen Robes. 5c: American Indigo. 54c; Arnold long cloth R. Me; Arnold LLC. "4c; Cocheco fancy. 5c; Hamilton fancy. 5c; Merrlmac pinks and purples. 54c; Pacific fancy. 5c; Simpson's mournings. 5Vc; Simpson's Berlin solids, 54c; Blmpsoa a oil finish. ".c; American shirting, 44c; blf' k watte, 5c; grays, 5c. Ktdrskslshod 'ambries-- Edwards, 44c; Warren, 44c; Sitter. 44c; Cenessee. 44c. Tickings Amoskeag ACA. 134c; Conestoga BF. l."4o; Cordis 14), 134c; Cordis T, 14c; Cordis ACE. lie; Hamilton awnings, 114c; Kimono fancy. 17c: Lenox fancy. 20c; Lenox XX, 20c; Oakland AF, C4c; Portsmouth. 14c; Susquehanna. :54c; Shetucket SW.. 8c; Shetucket F, 8c; Kwlft River. 64c. ;:.iin Bags-Amoskeag. $20; American, $20; Harmonr. $!; Stark. $25. Oinghams Amoskeag. 64c; Amoskeag dress. 7',c: I.ancaster, 64c; Lancaster dress. 74c; Toil du Nord. 84c Floor. Spring patent. $5.60 per brl; winter wheat patent, in brls. $4.8"; straight grade. $4.60 in brl; low grade. $3 60; extra fancy, in brl. $4.40; buckwheat flour. $6.1o per brl; graham, $5 per brl. Groceries. Coffee Oood. Hl2c , prime, 1214e; strictly prime, 11016c; fancy green and yellow, 13023c; Java. 2832c. Roasted M Government Java! 324033c ; finest Mccha and Java. -s'ac; Java blend, 23c; fancy blend. 18c; Golden blend. 15c. Package coffee City prices: Ariosa. 14.25c; Lion 14.25c; Jersey. 14.25c; Caracas, 13.75c; Dut h Java blend. 16.50c, dates' blended Java, 13.75c; Climax Java bb-nd. 14.25c. Sugar City prices: Crystal Dominoes, 5-lb eartonr, 10c; cut leaf. 5.65c. cubes. 5.25c: XXXX powdered. 5.30c; standard powdered. 5.10e; fruit powdered. 4.83c; granulated, 2 lb package. 5.15cgranulated. 6-lb package, 6.15c; standard fine granulated, bags or brls. 4.77c; Ridgewood A. brls. 4.2c; Phoenix A. brls. 4.57c; Empire A 4.52c; Ideal ex. C, 4.47c; Windsor eg. C. 4 42c Bidgewood ex. C, 4.37c; 10 yellow. 4.27c; 18 yellow. 4.!2c: New Orleans (darkt. 4c. Molasses and Syrups New Orleans molasses fair to prime. 2S032c. choice, 38 42c; syrups 26 030c. Salt In car lots. 8SOOO0; small lots, 95cO$L Spices-Pepper. 17c; allspice. 150l8e; cloves. 20 02'.' . cassia. 15010c; nutmegs. 50060c per lb Bice Ixiuisiana. 44''d6c; Carolina, 64084c Shot $1.4001 60 per bag for drop. Lead 64J"c for pressed bars. Wood Dishes No. 1, per 1.000. $1.8002- No 2 $2'd2 20: No. 3. PJOJHUO; No. 5. $2.8003 ' ' Twine Hemp. 12018c per lb; wool. 6O10c; flax 20300; paper. 15c; Jute. I215c; cotton. 22f?25c Wooden ware No. 1 tubs, $607; No. 2 tubs $5 6; No. 3 tubs. $45; 3-hoop palla $1.80; 2-hoop palls. 81.4041 1.60; double washboards. $2 50O2 70common wa.-'hboards, $1.8501-90; clothespins, 6"0 65c per box. Iron and Steel. Bar Iron. 1. 60c: horseshoe bar. 2.75c; nail rod. 7c: plow slab. 4.5o; American cast steel. OOllc tire steel. 24c; spring steel, 4405c. Leather. Oak sole. S2'S42c; hemlock sole, 2S3Sc: harness. 33;f40c; skirting. 28040c; single strap, 41 45c; city kip. 60Mc; French kip. McOfLfO; city calfskin. 90cO$l: French calfskin. $1.2001.85. antl Horseshoes. Steel cut nails. $2 25; wire nails, from store $2 25 rates; from mill. $2.10 rates. Horseshoes' per ker. 14.2.; mule shoes, per keg, $4.25. horse sails, ? U,x. Barb wir-, galvanized tn 75 painted, $2.60. ' Oils. Linseed, raw. 40Gc per gal; linseed oil l ...1 ltd. 41042c per gal; coal oil, legal test, uä 164c. Provialons. Sugar-cured Hams Indiana. 14 to 16 lbs averagt . 13c Shoulders English cured. Reliable. 18 to 20 lbs average. 84c; sugar-cured. Indiana. 8 to 10 lbs average. SHic. Pickled Pork -Indiana bean or jowl, pr brl 200 lbs. $13; rump, per brl. 300 lbs. $13.50; family, per brl. 200 lbs. $16 50; fancy clear bean per brl. 200 lbs, $20.50; fancy boneless pig. jr r 9J lbs. $21. Also half btls. 100 lbs, at half the price of the brls, adding 50c to cover additional cost of package. Lard - Kettle rendered. 8c; pure lard. 84c. Bacon Clear bellies, 25 to 30 lbs average Dct , jj It. H.-ra. . . U to ;', n.s .i , ri ' 104c; clear backs, 20 to 30 lbs average. t4c 11 to 15 lbs average. 104c; 9 to 10 lb average. iicclear sides, about 50 to 60 lbs average. 94c 3Ö to 40 lbs average. l4c; 2u to 30 lbs average Us In dry salt. 4c less. Produce. Fruit and Veicetabl es. Fancy Apples Baldwins, per brl. $3.25; Klnrs 3;;,. Spies. $3.50; Crecnings. $3.25. ' liananas Large. $2 per bunch; medium. $1 50 Cabbage Holland seed. $2.753 per lOu lbs Carrots 75c per bu. Celery California, per erste. $4 25; per doz 80c Clier-Per brl. $3.50; half brls. $2.50? i .coanuts $3 50 per bag. 50c dox. Cranberries-Jersey. $2 25 per bu; $.25 per brl McFarlin. $7 M per brl; Howes. $8 per brl. latete-Walnut. $1 per box. package dates "s0lb box. 5c per lb 1'.,;, S:;iiti,t. l'V ; . r lh Orape California grapes, per crate. $2; Malaga, in brls. $". Hicfecry KatsFs bu. 75c; shel barks. per bllIonVy White clover. 16c per lb. Kraut-Per cask. 45 gals. $10, per brl. 30 rals t 50; per half brl. 15 gals. $1. Lemons Extra fancy Messina. 360 size $3 box. :'.' slse. $4: California. 300 to 360 slxe.' $2 M I.fttuce -l'c per lb Navy Beans Per bu. $1 902. Old Pop Corn $c ier lb. Onion- Yellow, per cwt. $2: red. $1.90. Oranges California Seedlings. $2 pr k,,i Florida. $3; Nsvels. per box. $2.40. ' -He cox ouncnes. Jl jer bu. r bu. $1491.25. Florida, per crate. $2 7503. Northern stock. 95cr$l per bu. Pi Pears Per Pineapples Pocatu 1 tit.unlsh OI Squash Hubbard, 14c per lb. Sweet Potatoes Illinois, $3, Kentucky, $3; JerSt Turnii bu; Ri . 50c. i. 50c per bu. Walm Irmnnr Signa rnck Inflelder. i'I.KV Kl.AND. O.. Feb. 10.-M;inager Armnur, of the Cleveland ball team, has signed William Schwartz, a crack local player, for the Cleveland Infield. Schwartz is only twenty years old. but has a line record. He played last season with the Bast Akron. O., team. Pittsburg was after äihwuriz for a number of month.

THE LOf AI. WIRKET FOR NO. 2 RED ADVAM KU TO 1 YE8TÜUDAY.

First Time Since Leiter Denl That heat Iln H n Worth This Much in ludlnmipolls. Indianapolis is a dollar wheat market. The bid for soft winter wheat No. 2 red was advanced to $1 a hushei at the Board of Trade call yesterday. No wheat was sold on the call, but one of the Arms with offices in the Boar-i of Trade reported the sale of one car of No. 2 red at $1. This is the first time wheat has sold at $1 a bushel in the local market since the Leiter deal. In 1838. The present high price is due somewhat to the Armour dal in May wheat, which has put the price of the cash article In the Chicago market to $1 and option prices to the highest figure sine th Leiter comer. The bid of $1 for No. 2 red. track, at the Board of Trade call yesterday i a fiat advance of 24c. The bid was made by a local milling company. The local market had been lower than a good many of the other markets in this t rrltory most of the time on this advance, but this parity has been made up and the local price now is about as high as the soft winter is selling for any place. GRAIN GOSSIP. May wheat ?eems to be on another dollar march. And the July is working stea.lily toward 90c. Yesterday the wheat market was strong, on the war presumably. Around noon the early delivery sold up to 964c This is a still higher price than that caused last week by the great wave of outside buying which swept both the wheat and corn markets for two days. The July advanced to 884c The May was relatively the stron?-r option. From the high point this delivery lost only Sc. closing Arm at 64e. This is e. gain of lc over Tuesday's close. Julv old down to onlv fcc from the high point. cl.ising at 874c split. But the July did not gain as much over the previous aay s closing as did the May. The break from the high points was caused likely by the profit ting, some of it, no doubt, from long lines. 4- 4Corn did not seem to have as many friends yesterday as did wheat. At the high point the May sold at an advance over Tuesday's highest price, and the closing figure the previous day, but at the close the May showed a loss of 4c from the Tuesday s final price. 4The world's visible supply of wheat is reported by Broomhall. and the Daily Trade Bulletin jointly at 169.71S.000 bushels on Feb. 1. compared with 173,67S.0"0 bushels the corresponding date last year. One of the enthusiastic local wh at built added the qualification to the figure of this year's supply that it was "mostly chicken feed." "The total afloat for Europe was reported as 27.1M),0o0 bushels; in store in Europe. 49.290,000 bushels, in store in Argentina, 3,b80.00u bushels, and in America. 89,55s.O0O bushels. The decrease during January was 8,556,000 bushels, com-piirt-i with an in. -n : of 1, l busht Is in PsossitST and a decrease of 1,804,000 bushels in January last year. 4- 4A. W. ("Sandy") Thomson Wheat opened for May yesterday at 954 96c, sold off to 944c. but quickly recovered, advancing to 97c, closing at 964c July opened at 864c to 874c. sold to 884c and clotod at 874c At no time did it sell below 864c. July and September are relativelystronger than May. In face of conditions that govern the market is difficult to forecast, yet I think for the. present it can be sold on sharp upturn or bought on sudden breaks for profit. We are very apt to have a nervous wheat market for some time. Corn ruled firm and higher most of the session. Near the close It weakened off with the decline in wheat. On any sharp break It will do to buy. There are good, strong people behind it, who at j working on both sides of the market. There Is nothing new in provisions. Pork and ribs closed a shade higher than Tuesday; lard a couple of points lower. I take issue with the average Chicago commission firm when they say the packers are the sellers and outsiders the buyer. No doubt they would like to hake out the country longs, as th-y call them, but I believe it is Chicago who will later on do the liquidating. Buy provisions on the breaks, especially pork and ribs. 4- 4Bracstreet's report of the world's available supply of wheat showed an increase of 2,605,000 bushels for the week, the totals east of the Bockies increasing 105,000 bushels, and afloat and abroad increasing 2.5'iO.OOO bushels. Last year the increase was 1.400.000 bushels, 400,000 bushels decrease east of the Bockies and 1.800.0UO bushels Increase afloat and abroad. The principal increases follow: Manitoba. 1,332.000 bushels; Evansville, 13i,000 bushels- St. Joseph. 129.00U bushels. Decrease in Northwest interior elevators. 200,000 bushels; Portland. 103.000 bushels; Cnlcago. private elevatois. 132.000 bushels; East St. Ixuls, 1UÖ.000 bushels; Burlington. 84.00u bushels. 4-4-Broomhall' s weekly foreign crop summary says: "United Kingdom Weather last week continued extremely wet and unfavorable for wheat plant. France, Germany, Hungary Italy and Spain Another week of unseasonably mild and wet weather. Few complaints have been received as yet. Bussia Tt is now colder than a week ago, and on the whole the position of the crop is unchanged. Boumania Weather turned milder after our report of last week, and as a result of the thaw navigation on the Danube has reopened. India Crop prospects continue most favorable." 4The Northwestern Miller says this week from its Indianapolis correspondent: "The mills of this city operated about three half days last week. The millers, generally speaking, report that inquiries and sales last week compared with the week before were slightly better. The foregoing refers to domestic trade only. Export business is entirely out of the question, and millers have ceased to discuss the subject. They are devoting the whole of their attention to domestic markets. Several good lots of flour at very fair prices were sold last week, principally for the lower grades. The mills will probably manufacture about the same amount of flour this week as they did last. Wheat offerings at reasonable price are things of the paM. The fanciest prices of the season were offered during the immediate -ast week. Several outside millers paid $1 for wheat on this m.atk t. Saturday one of the Indianapolis millers bid 974c, but there was nothing offered. This bid is, of course, equivalent to the outside millers bid at $1. Stocks are running low and fancy prices hae to be paid in order to get the raw material. There is no difficulty in selling feed. It is in greater demand In some markets than a week ago. The prices compared with a week ago. SO wen r. are unchanged. Saturday prices in this market were on a basis of $17.50 to $1S per ton bulk, domestic shipment." LOCAL SECURITIES. STOCKS Bid. American Central lAte 80 Ask. 99 155 106 112 IX 1 '7 150 85 10ÖÖ 47 93 130 235 724 166 50 147 75 55 :8 17 87 34 85 225 85 1 115 American National Bank 151 Atlas Engine Works pref 103 Belt Railroad common no Belt Railroad pref 119 Brown-Kel- ham lion Works pref 103 Capital National Bank 144 Central Trust Company 130 Climax Coffee and Baking Pow. Co Columbia Nati n il Hank 110 Consumers' lias Trust Company 50j lwlaware & Madison Co. Telephone. ... Fe.ieral I'nion Surety Company 89 Home Brewing CnipSSiy 114 Indiana Hotel Company pref 55 Indiana National Bank Indiana Title Guar. Loan Co 60 Indiana Trust Company 161 In.rpTs .v- Martinsville R. T. Co Indianapolis Fire Insurance Co 143 Indianapolis Oar Company Ind'pTs & EasU-rn Bailway Co Indianapolis & Kastern pref 90 Indiana I'nion Traction Co 12 Indianapolis Street Bailway $44 In.lianaiolis Traction and Terminal. 33 Laycock. T. Mfg. Co. pref Law Hullding 78 Marlon Trust Company 220 Merchants' National Bank lft New Telephone Company New Telephone, long distance People's Deposit Bank no Polk. J. T.. Company, pref Raak Fertlbzer pref no SseurltJ Trust Company 100 I'nion National Hmk 101 I'nion Traction common 32 I'nion Traction pref 69 I'nion Trust Company Van Camp Hardware Co. pref Wasson pref BONDS Broad Ripple fives 90 citxens' Street Railroad fives 1014 Dels wars & Madison Co. Tel. fives Home Heating sr Lighting Co. lives. ... Indiana I'nion Traction fives Intpls . Columbus & Southern fives Indianapolis A Eastern in l'p Ts A,- Greenflebi Railroad fives. ... Indianapolis las C mppr.y sixes 104 lad'p'fs a Martinsville B T. üves I nd' p' I s Street Hallway bonds, fours 8O4 Indianapolis Water Company fives.... 994 K .k. 11:0 Hallway A Light Co. fives. 2 M n chants' Heat ft Light Co. fives. ... 1024 New Telephone, ftrst fives gg New Telephone, second fives 80 New Telephone, long distance, fives I'nion Traction of Indiana fives 944 Indianapolis Northern lives 83 Indiana Hotel sixes With accrued interest. No bid or ak uutatioo. 1014 35 75 215 107 IO74 90 p. 1 v ion 4 103 904 " Id 1 1 1 1 H) M4 90 14 88 loo

ARMOl R SOLD AR Ol D THE TOP BKi IMF.KII -i:i,LS CORN.

InrreapI Foreign Dcninml on Account of the War the Main a use for the lient Ail 11 nee. CHICAGO. Feb. 1 An Increased foreign demand In- i-lent to war movements, combined with ihe congested local situation, caustd an erratic what market to-day. At one suage in the trading May wheat showed a in of J'4c from the low SOtat of the day, and. although all the Rain was not maintained. th close was firm and 14c higher than yesterday's closing figure. Coarse grains were v.-eak on heavy liquidation. May corn closing He lower and oats down 1-sC. Provisions were 5c higher to 10c lower. Higher prices in all foreign grain markets, due to actual war. caused a strong orenln? in the wheat market here. May was 4 4c to 4Clc higher, at 954Tt96c. while July was 4c lower to e higher, at S64'3e74c. Large quantities were for sale at the advance, however, and the market quickly lost its early strength. Before the end of the first half hour May had declined to 944c and July to 86ic Much of this selling was said to have been for Armour account SHORTS BUY BOTH OPTIONS. An urgent demand for July developed from commission houses, and shorts were fair buyers of both May and July. In the absence of any sieclal selling pressure the market turned strong again. July tteadily advanced until it had reached $4c. while May went up to 97c, a newhigh record mark. The strong cash situation in the Northwest was an Important factor in forcing prices upward. Stccks at Minneapolis were considerably decreased and reeelpts there were small. An Important export demand was also a bull factor late in the day. Tht re was liberal profit-taking the last hour, and the market lost much of its strength, although closing prices showed gains. Mav being 14c higher, at 964964o, and July 4c higher, at 874c. Clearances of wheat and flour were equal to 27.800 bu. Primary receipt were 520.000 bu. compared with 529.000 bu a year ago. Minneapolis. Duluth and Chicago reported receipts of 248 cars, against 226 cars last week and 407 cars a year ago. CO BN MABKET ERRATIC. Liquidation of May and buying of July by a prominent operator was the principal feature In trading In the corn pit. The market was extremely erratic, and fluctuations were rapid and within a wide range. The market was Influenced to a great extent by the action of the big bull traders, who sold on every advance and bought back again on the declines. The weakness in oats had a depressing Influence on corn prices. After opening 4c to 4o lower to a shade higher, at 544fi."44c. May advanced to 554c. but sold off later, on general proflt-taklng. to 534c. The close was 4c lower, at 5340 534c. July ranged between 514c and 534c. closing 4c lower, at 524c Local receipts were 217 cars, none of contract grade. LARGE TRADE IN OATS. There was a large volume of trading in oats. with heavy selling of May. supposed to be for Patten. The market received good support at times, but the oats continued to come out, and the buying power was not sufficient to cause a rally. Shorts were the best buyers on the decline. May was unchanged to 4c lower at the opening, at 434434c The price steadily declined until It had reached 414c. There was a moderate recovery, but the close was weak and 14c lower, at 42c. July was relatively firmer, closing with only 4c loss, at 3S4c. Local receipts were 143 cars. BIG TRADE IN PORK. Trading in provisions was unusually active. The feature was the transactions In May pork. That product opened 20c higher, at $14.90. Selling by people who had bought yesterday caused a setback to 314.65. There was a good investment demand, however, and some recovery was made, the close being 5c higher, at $14.75. May lard closed 74c to 10c lower, at $7.70, but ribs were up 24c to 5c, at $7 15j!7.174. Estimated receipts to-morrow: Wheat, 15 cars; corn, 220 cars; oats, 165 cars; hogs, 44.000. The board will be closed Friday. Lincoln's birthday. Leading futures ranged as follows:

Articles. Open- High- Low- Closing Wheat Ing. est. est. Feb. 10. Feb. 9. May.... 95 97 944 64 95 July.... 864 yW S74 864 Sept.... 82 M4 d' 834 814 Corn Feb 50 604 May.... 544 554 534 534 544 July.... 124 534 514 524 524 Oats Feb 394 41 May.... 434 434 4X4 424 434 July.... 394 394 34 3. 4 39 Bsp-... 334 334 334 334 364 PorkMay.... $14.90 $14.924 $14 65 $14.75 $14.70 July 14.85 14.85 14.75 14.80 LardMay.... 7.80 7.85 7.70 7.70 7.80 July.... 7.90 7.90 7.774 7.8C 7.874 RibsMay.... 7.15 7.224 7.10 7.174 7.124 July.... 7.274 7.30 7.20 7.30 7.224

Cash quotations were as follows: Flour was quiet but firm. Wheat No. 3 spring. 80g94c ; No. 2 red. I488c. Corn No. 2. 494c; No. 2 yellow. 494c Oats No. 2. 394G04c; No. 3 white. 403 44c. No. 2 rye. 62c. Barley Good feeding, 40414c; fair to choice malting. 47 58c. Flaxseed No. 1. $1.11; No. 1 Northwestern. $1.174. Prime timothy seed. $2 96. Clover Contract grade. $10.75. Mess pork, per brl, $14.374 14.50. Lard, per 100 lbs. fL50j7.55. 8hort rib sides (loose), $6.75tj7. Short clear sides (boxed), $T i?Va7 M Whisky Basis of high wines. $1 .ft. Beceipts Flour. 46.100 brls; wheat. 79.000 bu; corn. 299,600 bu; oats, 514.600 bu; rye. 14,100 bu; barley. 191.300 bu. Shipments Flour. 39.300 brls; wheat. 49.200 bu; corn. 186.900 bu; oats, 173,000 bu; rye, 7,000 bu; barley, 30,000 bu. Local Wheat Market Steady. Wheat; No. 2 red. $1 track; No. 2 red. $1 on milling freight; No. 3 red, 97c track; February, $1; wagon, 98c Corn quiet; No. 2 white. 45c; No. 3 white. 45c; No. 4 white. 43c; No. i white mixed. 444c; No. 3 white mixed. 444c No. 4 white mixed. 4Sc; No. 2 yellow, 45c; No. 3 yellow. 45c; No. 4 yellow. 43c; No. 2 mixed. 444c. No. 3 mixed. M4c; No. 4 mixed. 43c. Oats dull; No. 2 white. 424c; No. 3 white, 414c; No. 2 mixed, 404c; No. 3 mixed. 394c. Hay steady; No. 1 timothy, $11.50; No. 2 timothy. $10. Inspections Wheat: No established grade. 1 car; No. 2 hara, 1; total. 2 cars. Corn: No. 3 white. 12 cars; No. 4 white. 3; No. 3 mixed. j No. 3 yellow. 2; No. 4 yellow. 4; No. 3 mixed. 4; No. 4 mixed. 5; no grade, yellow. 1; ear. 6; tolal. 40 cars. Oats: No. I white, 2 cars. Ha v. No. 1 timothy, 2 cars; No. 1 rMover, mixed, I; No. 3 prairie. 1; total. 4 cars. THE WAGON MARKET. Com Old, 4&e50c; new. 404945c. Oats Sheaf. $S10 per ton; new, shelled oats. 37(& 40c per bu. Hay Clover, $7.508; timothy, $1012; new. mixed. $10 11; millet. $839. NEW YORK MARKETS. NEW YORK. Feb. 10. Flour Receipts. 7.363 brls; exports. .".,472 brls. Market firm and held higher on choice grades. Winter patents. $4 60 W4.85; winter straights. $4.404.65. Rye flour firm. Buckwheat Hour quiet. Corn meal steady. Rye firmer; No. 2 Western. 72c f. o. b. afloat; State and Jersey, 65&c. Barley lrregulax flisdllsf. 51c. c. i. f. New York; malting. 55fg65c c. i. f. Buffalo. Wheat Beceipts, 1.950 bu. Spot firmer; No. 2 red. 97c elevator and 974c f. o. b. afloat; No. 1 northern Duluth. $1.0.14 f. o. b. afloat; No. 1 hard Manitoba nominal f. o. b. afloat. OptionsLast prices showed ilo net advance. May, 96 c ft 97 ll-16c. closed at H7',c; July. 91493I,c. closed at 924c; September, 844tf864c. closed at 86c. Corn Beceipts. 61.273 bu; exports. 1.881 bu. Spot steady; No. 2. 594c elevator and 54c f. o. b. afloat; No. 2 yellow. 58c; No 2 white. 544c. Option market The close was 4i4c net lowerMay. ( .!e-. doMd at 5S4c; July closed at 674e; August. 574-05740; September closed at 5'iOats Receipts. 25.500 bu; exports. 110 bu. Spot steady; No 2, 48c. standard white. 504c; No. 2 white. 51c; No. 3 white. 504c Hay uutet. Hops firm. Hides firm. Leather steady. Wool firm. Coal nominal. Beef firm; beef hems. $20 50022. Cut meats steady. Lard easy; Western steamed, $7.95; refined easy. Pork firm; mess. $15.;0ö 16.2.".. Bice steady. Moiassts firm. Coffee Spot nominal; No. 7. invoice, 74c; mild steady. SugarRaw firm; centrifugal. 3 ll-32c; refined steady. TRADE IN GENERAL. ST. T.OCIS, Feb. li. -Flour dull but firm; red winter patents. $4 54j4-7; extra fancy and straights. $4. S54. a): clear. $3.S03.81 Timothy . i .u. a.i at J : "j . Corn meal steady ;it li. 40. Bran strong; sacked, east traok. gSMSfc. Wheat higher. No. 2 red. cash, track. 1 Vo lOlS; May. 97'Q '2c: July. 85Ho; No. 2 hard. v..j . Corn lower. N- 2. cat-h. 45,c; track. 4k c'r47Vc. May. 4Sc; July. 50c. Oats lower; No. Z. cash. 41 : track. 12' 421, . Mav. 4ii,t No. Z whltt. 44f44'c Hay steady; tlmothv. $if 13; prairie, 9tt9.50 for No. 1. Whisky steadv at $1.314. Cotton ties, $1.05. Bagging. 5ftc Hemp twine. 5c. Pork higher; jobbing. $; l , Lard lower: prime steim. $7. Bacon higher; boxed, extra shorts. $7.7Wj; clear ribs. $; short char. W:1.. Beceipts-Flour. 10,000 brls; wheat. 49.000 bu: corn. 79.0Ö0 bu; oats. 7".oi" l.u. Shipts Flour. 9.000 brls; wh-at. 97,uOm bu; corn, SÖ.t bu; oats. 42.O0O bu. KANSAS CITY. Feb. IV Wheat May, 97V; Jul. 74Wc; cash. No. 2 hard. 82JS4c; Ms. 3. 79ffttc; No. 2 red. ;y97c; No. 3, 94995c. Corn May. i July. 454c; cash. No. 2 mixed. ICON TIN U KD U N l'AGJi uTcÖLTtJ

ALI 09 C'OLIMBIA NATIONAL AT 11U UsVttMVILII YESTERDAY.

One Other Sale-JM.OW) Unter Fives UdiiiI House KeportM Demand for Municipal Vci'u rifles. Columbia National Bank stock sold this week at IQ. The sale of a block of ten shares at that figure was reported to the exchange yesterday. This is the highest price paid for Columbia Natiohal for some time, and the transfer reported yesterday is the first sale of the ishv:c reported IB the exchange for several weeks. The Lid for Columbia National the first of the year was 1054. Only ore oter sale was reported yesterday ?1.0o.' Water f.Ves at par. Thus far this week SOI nearly as many sales have been reported to the exchange as last week, but there is a r?ood volume of business going on in the open market, which is not belr.g reported. Several sales of 100-share blocks of leading issues have been made the pa-t three days, but none of these sales has been reported. The prices at which these sales were made show that the tendency of the opn market is just as strong as the quotations made on the exchange. 4The bid for Indiana Hotel sixes was advanced 5 points to 75 yesterday. 'The ask price holds firm at par. 4There has been a bid of 101 for Cnion National Bank for several days, but it has brought out no stock. No ask price was quoted yesterday. 4Over 500 shares of Cnion Traction common have been sold in New York and Cleveland the past few days. The bid for the common was advanced to 21 yesterday from 31. The stock was offered at 35. 4- 4The bond houses report an excellent business In municipal and county securities. The fact that the assessment will be made the first of March this year, instead of the first of April, has tended to increase the demand for municipal bonds. This is esiecially true of the market outside of Indianapolis. The earlier assessment this year is having the effect of Increasing the demand in the local market for the leading stocks and bonds, all of which show an advancing tendency. 4"There is a great deal of bull talk about the Steel securities, owing to the demand for structural steel at Baltimore." says a wire from New York to Meyer & Kiser. "It is stated that large orders for structural steel have already been placed with the Carnegie company. Professional sentiment favors higher prices throughout the list, but it is not likely an advance will be pushed very far, in view of the recent disastrous attempt on the part of the Western interests to force a bull market." 4-4-4 A. R. Thompson & Co. (from their Wallstreet correspondent). We believe this Is a trading market to be sold short on sharp bulges for turns and bought when driven down for th same amount of profit. The outlook favors neither a bull market nor a bear market. But as financial conditions are gradually Improving It is merely a question of time when the level should be higher than now. and it would be well, therefore, to give preference to the long side of the account, especially in such stocks as Southern Pacific, Cnion Pacific, Brooklyn Bapid Transit and Bock Island, on which we are bullish, and would buy on declines. 4- 4A wire to a local paper says: "It Is not Improbable that money will harden in the next few weeks. Bankers hold the view that time money will be quoted at 5 per cent, within a short time. Northern Securities broke sharply on the curb to-day. It is reported that of the $50,000,000 borrowed by the Pennsylvania Company more than $30.000.000 has been spent. It should surprise no one if they wanted some more In a short time. War news is thus far a record of Japanese victories." General Finaneial Sew. "Wall street has had in its history many days of excitement and upheaval, but never before, it is probable, was It ever agitated by so many varying developments as it was Monday," says a New York financial Journal, "and yet it has passed through the ordeal so far without any serious crafh. Merely to enumerate the different conditions which developed would take many words. From across the seas came news of br aking off of diplomatic relations between Bussia and Japan, and of the momentary expectation of a Japanese attack upon Bussia, with. Indeed, rumors that conflict had actually opened. This caused unsettlement of all the foreign markets, with a decline in British consols, In Bucslan and Japanese and other government securities, the market in Paris being in a seml-panlcky condition." 4- 4- 4"The talk in financial circles is that the greatest insurance losses growing out of the Baltimore fire will be borne abroad," says Hardin in the New Tork Herald. "A few New York companies and one in New England were badly hit. It cost one concern Its income for a whole year, but the Insurance will come from abroad, more particularly London. This adjustment, it was explained, will facilitate the transfer of credits ami -xohanges In connection with the Panama payments to France. Wall street is flooded with reassuring news of the quick rehabilitation of Baltimore's business section after the necessary period of delay In adjusting the fire damages. The city's resources are said to be second to no other city of equal sixe In the country." 4Bond experts attached no Importance to the action of the Texas Pacific in discontinuing payment of interest on the second incomes. Only a small proportion of this Issue is now outstanding, about $1.'V00.000 in all, and It is generally understood that the Missouri Pacific interests took this step in order to force the outsanding oondhnlsers to take the Iron Mountain fours In exchange for their Texas Pacific Incomes. 4- 4It was officially announced yesterday that all of the new issue of $10.000.000 Swift & Co. stock had been taken by the shareholders at par. The right to subscribe expired Feb. S. The capital is now $35.000,000. and the properties taken over are understood to be more than earning the dividend rate on the purchase price. 4In a statement of ihe position of the Bank of Bussia and the Bank of Japan the London Statist has the following: "The negotiations between Bussia and Japan make an examination of the position of the Imperial Bank of Busala of special interest. On Jan. 21 the Imperial Bank of Bussia had 28.850.000 of cash in hand, of which 15.497,000 consisted of gold. 5,705.000 of notes 5,938.00 of silver coin, and 1,709,000 of silver and copper coins of low value. Beyond this amount of cash it held 58.643.000 of gold bars, etc.. and it possessed a balance of 16.807,tC0 of gold abroad. This latter item presumably means the balances of the bank in Berlin. Paris. London, and elsewhere, upon which it could draw In gold if it desired to do so. "Including the gold In bars and coin the total amount of gold held by the bank, exclusive of that standing to its credit abroad, is 74,144,000, and, inclusive of the foreign balances, it amounts to 9.947.ooo. On the other hand, the notes in circulation amount to 57.294,000. The cash balance of the treasury is i.ri,.M. tut beyond this the sum of 18. -427,000 was held by the treasuries as 'consignations.' Should hostilities result, the government balances in the bank would doubtless be drawn upon to pay for supplies of food and other produce secured from abroad. "In the first plae. these supplies probably will be paid for out of the large balance of nearly 17.0V.000 standing to the credit of the Imperial Bank In foreign money markets. And the actual gold reserves of the bank, amounting to a little over 70,oiio.ooo. would only be drawn upon when these foreign balances were exhausted. In considering the possihilitv of gold exports from Bussia it has. of course, to be home in min 1 that the Busslan obligations for interest abroad are large and that Russia is compelled to ship a great deal more produce than it receives in order to meet its foreign obligations. In recent years the excess of exports over Imports has been kept down to a relatively low figure by the ability of Bussia to borrow In the French market for the purpose of meeting a portion of its interest obligations. Were Bussia unable to SSCTW for a considerable period, a large increase in Its ex; rts for the purjHJse of meeting its interest ohllgntlons would be inevitable, unless the cash h lances abroad v.r wr-at. redu. or g-dd , x ported from EUnsta. "Much uncertainty exists as to how Russia would be able to borrow abroad in the event of hostilities, and the indications point to the probability that the foreign balances of the Russian government and of the In rial Bank mav have to be drawn upon and that j-osslbly gold may be exported. "Th. stock of gold !n Japan Is relatively small, and there is not mu-h likelihood of any appreciable addition to the supply or gol 1 in other eountri-s in consequence st gold exports from Japan. Already steps which are likely to discourage import: Into ,Ia)an have been taken, the vsual ch-'nmds in london for the sale of merchants' bills upon Japan having been closed. Doubtless other channel- uili t , . n,. ; ..m it is exacted that shipments of goods to Japan other than for account of the Japanese government will b- restricted. "Moreover. Japan will probable be able to borrow abroad the money It will need to meet Its interest and other obligations. On Dec. 31 last the gold reserve of the Bank of Japan was ll.f9.ono. while the notes In Issue amounted to 23'292.O00. At the end of 1902 the gold revx. . :. - Ltai.n. I Jap u-- SSJj X. 7. ...aj.

KABKIf IMlli 1TK1) THAT Til DAY'S JAI WAS ARTH M I L.

Heavy Profit Tnkina; In Steel Preferred Was n Contributing Weakness The Financial Outlook. Sales of stock, shares Corresponding day last year. . Sales to date last year Sales to date this year i;..-;.;o IM.HM NEW YORK. Feb. 10 The gains made yesterday in the tock market were lost to-day. There were no new developments to account for the reaction, but there was some recurrent force to j be considered which weakened the market on Monday. The principal factor In checking the advance was the distrust felt as. to the character of the operations which carried prices upward yesterday. This was emrhasixed by the very patent profit-taking in t sited States Steel preferred on the part of a prominent trader, and the very obvious manipulative tactics by which it was sought to offset this by bidding up a few specialties here and there. There was a suspicious feeling also that the marking up of prices yesterday had been more or less artificial and designed to afford a basis for some of the selling, which It is believed sill be necessary to cover losses in Baltimore, although it is possible that It may be deferred. The action of yesterday's market gave rise to a surmise amongst the sieculatlve element that the financial markets might be expected to sympathize with Japanese successes in the course of the war. But to-day's market failed to bear out that surmise, as prices receded on the additional news of Bussian losses. The presence In the city of the secretary of the treasury to discuss the method of effecting the Panama canal payment directed attention anew to that subject, although the secretary's opinion was quoted that the operation could bs concluded without disturbance to the money market, even with the actual addition to resources of such portion of the canal payment as is withdrawn Jireotly from the suhtreasury. It Is expected also that the obligations of foreign insurance companies, on account of the Baltimore fire losses, may facilitate the completion of the Panama payments without disturbing the exchange market. The real repressive influence seems to be the fear of excessive corporation borrowings and the extra requirements involved in the Baltimore fire j losses, the consequent necesiary extension of credits and th Panama canal payment. Rumors of a sale of New .York Central notes to meet improvement expenses illustrated the sensitiveness of the market to the effect of borrowings. A rumor of a coming issue of St. Paul 'stock, which was officially disclaimed, caused weakness of that stock. The heay offering? of Pennsylvania on the slight early advance created a bad impression. An important banking failure In Bremen was a contributing factor to the weakness, and rumors were circulated several times during the day of the death of Senator Hanna. The statement of exports of domestic products for January fell so far short of the recent level of Increase of previous years as to cause some disappointment. Bonds were easy. Total sales at par value were $1.706.000. United States bonds were unchanged on call. Sales and the range: High- Low- Clos. RAILROADS Sales est. est. Bid. Atchison 22.200 68i 67H 67Vi Aicnison prer a0O 88 89Vi 89 Baltimore & Ohio 28.100 79" tt B. & O. pref 100 92 91 Canadian Pacific ... l,9o0 116tj H5V4 1154 Central of New Jersey 200 UM IM 155 Chesapeake & Ohio. 900 324 314 314 Chicago & Alton C. & A. pref Chicago Great Western... 300 384 38 38 3O0 844 84 S3 000 15 154 154 Chicago & Northwest.... 1O0 1644 1644 1634 Chi.. Mil. & St. Paul 52,300 1414 139 1394 .... m. & st. i . prer Chi. Term, and Trans Chi. T. and T. pref C, C. C. & St. L Colorado Southern C. S. first pref C. S. second pref Delaware & Hudson Del., Lack, a West I H sBTSf & Bio Grande D A R. G. pref Erie Erie first pref Erie Becond pref Hocking Valley Hocking Valley pref Illinois Central Iowa Central Iowa Central pref Kansas Citv Southern.... K. C. S. pref

m 175 175 170 1ÖÖ 214 214 20 70 900 164 16 16 500 54 63 53 300 254 24 2S4 600 1604 1594 100 270 Z70 270 100 Z0 20 194 loO 674 7TS 68 3,900 264 254 254 1.800 644 64 64 600 444 434 43 sgS 824 1.300 12S4 1274 1274

.... 18 .... 36 .... 184 100 344 344 MV Louisville & Nashville 2.600 104 103V 103 Manhattan L Met. Securities Met. Street-railway Minn. A St. Louis M . St. P. a S. Ste. M ... M . St. P. a S. St. M. pr 2.200 1424 1414 1414 100 854 84 S54 1.500 118 117 1164 60 LÖÖ0 604 594 U4 200 121 12" 119 Missouri Pacific 20,100 904 88 8t Mo., Kan. & texas M.. K. & T. pref Nat. R. R. of Meg. pref.. New York Central 300 1R4 164 16 300 37 364 3 4 36 9.900 1174 H44 H44 Norfolk a Western N. & W. pref Ontario At Western Pennsylvania p.. c. c. a st. l Reading Reading fli it pref Reading second pref Rock Island Co 600 5Sl 574 "' g .. 2.600 214 204 204 ..117.300 1154 1134 1134 s .... .. e9ÖÖ 424 Ü 414 79 57 .. 11. 224 224 22 Rock Island Co. pref 1.000 624 614 61 St. L. a S. F. 2d pref 1.600 464 444 444 Bt. Louis Southwestern... 400 144 144 14 St. L. Southwest, pref 2.7O0 344 134 334 Southern Kacinc sssss 47 454 454 Southern Railway Southern Railway pref .. 2,600 204 204 m MJU Sivfc mi, m Texaa A Pacific 8,400 234 224 224 T l.. St. luis & West.... 100 2ft 25 24 T.. St. L & W. pref... 100 364 364 34 I'nion Pacific 4.300 74 7C4 77 Union Pacific pref.. Wabash Wabash pref 8:4 1.2O0 194 184 14 6.3O0 364 354 354 Wheeling & Lake Erle.... IM M BPS BS 15 144 300 184 184 184 Wisconsin ( entral WIS. Central pref 800 424 424 424 EXPBESS COMPANIES Adams American United States Wells-Fargo MISCELLANEOUS A mal. Copper Am Car and Foundry. Am C. and F. pref Am. Cotton Oil Am Cotton Oil pref.... American Ice American Ice pref 2'0 225 225 221 .... 190 .... 105 .... 207 68.000 474 454 454 800 204 194 19 500 0 C74 674 29 a a aa &8 100 8 8 74 1.400 30 284 24 M Am Linseed Oil... Am. Linseed Oil pref 28 Am. Locomotive 4.500 224 20 204 Am. Loco, pref 100 74 794 74 Am Smelt, and Befln 1.100 484 48 474 Am. F. and B. pref 200 91 904 904 Am. Sugar Refining 7,600 125 1234 1234 Anaconda Mining CO 7oo 66 64 64 Brooklyn Bapid Transit.. 63.300 434 404 414 Col. Fuel and Iron 00 324 314 314 Consolidated Gss 2.300 I804 184 1884 Corn Products 200 194 1 184 Com Products pref 7" Distillers' Securities 100 234 234 23 General Electric HI 169 167 166 International Paper 114 Inter. Paper pref 65 International Pump '. 33 Inter. Pump pref 714 National Lead 200 15 15 144 North American 700 MS 84 84 Pacific Mall 400 24 24 2 People's Gas 4.500 1004 89 994 Pressed Steel Car HO 30 29 24 Pressed Steel Car pref 100 70 70 94 Pullman Palace Car 210 Bepublic Steel ZOS 74 74 74 Republic Steel pref 200 45 444 44 Bubber Goods 700 194 19 19 Rubber Goods pref 78 Tenn Coal and Iron 2.700 374 364 U Cnlted States Leather 300 74 74 74 U. S. Leather pref 10. 77 77 74 United States Realty 300 7 74 74 U S. Realty pref 00 55 544 54 '- United States Rubber 200 114 114 114 U S. Rubber pref 200 484 474 474 Tnited States Steel 8.2 114 11 11 1 S. Steel pref S.900 58 54 54 Westlnghouse Electric ... 80O 163 I6I4 161 Western I'nion 864 Total sales 26.600 UNITED STATES BONDS t'nited States refunding twos, reg 14 United States refunding twos, coup 1044 United States three, reg 106 Cnited States threes, coup 10 Cr.lted States new fours, reg 1324 United States new fours, coup 1324 United States old furs. reg 107 Cnlted States old fours, coup lo7 United States five, reg United States fives, coup BAILROAD BONDS Atchison adjustment 4s Atlantic Coast Line 4s Baltimore & Ohio 4s Baitlmor & hio 34 Central of tieorgia Central of Oeorgla 1st lnc Chesapeake & Ohio 4'2s Chlrta A- Alton 34 Chicago. B. A Quincy new 4s Chicago. M. St. Paul general 4s... Chicago a Northwestern consul 7s... Chicago. R. L a Pacific R. R 4s Chicago. R. L A Pacific R. R col. 5s.. C. C. C. St Louis general 4s c icago Terminal 4s Consolidated Tobacco 4s Colorado Southern 4s I Denver a Rio Grande 4s hats pi lor nen 4s ! Erie General 4a K..rt W rth D-nver City 1st i Hocking Valley 44s I LoutsvtUS A If SMS litis unified 4s , Manhattan consol gold 4s I Mexican Central 4s Mexican Central 1st lnc Minneapolis a St Lrils 4s , ... 874 .. 9:', ...101 .934 .1'...-, ... 7" . ..1034 "54 . .. :.i l,,s 1254 64 ...81 7', ... ss4 ... 85 ... 7 ... 74 ... 85 ...1044 ...1054 ... 98 ...1034 ... 54 ... 134 ... 7 Missouri. Ksnsas a Texas 4s !,, Missouri. Kansas a Texas 2nd 774 National R. R. of M deo consol 4s 74 New Yok Central gsaeiai 8Vs 97fc

A. W. THOMSON Stock, Bond and Grain Broker 4 and 5 Ingails Block 1 Chic ;go Board of Trade. Member Ch ajro Stock Exchange. f Indianapolis Stock Exchange. - - - Chicaj. Logan & Bryan. K New York. A. M. Fletcher Private Wires to All Markets BOTH PHONES No. 34

New Jersey Central general 5s 1314 Northern Pacific fours 103 Northern Pacific threes 71 N ik a Western consol fours 974 Oregon Short Line f.urs and panic 912 Penn. conv. thrce-anl-a-halfs 954 Reading general fours S$ St. Louis a Iron Mountain consol flvss 112 St. Louis a San Francisco fg. fours 81 St. Louis Southwestern firsts 94 Seaboard Air Line fours s$ Southern Pacific fours 8 Southern Railway fives 113 Texas a Pacific flrsts 115 ":.!. St. I. .. Western fours 89 Cnion Pacific fours 102 "n:on Pacific conv. fours 954 U. S. Steel second fives 724 Wabash firsts 11&4 Wahash deh. B 14 Wheeling a Lake Erie fours $0 Wisconsin Central fours 894 C. F. I conv. fives 7j Offered. lin nuo Storks. By A. R. Thompson a Co.'s Wire Open- High- LowSTOCKS ing. est. est. A'nerlcan Can American Can pref Diamond Match 12 129 1284 National Biscuit 404 404 40 National Biscuit pref swift a Co 1004 ido 1004 United Box Board 24 24 24 Cnited Box Board pref No sales. Closing. .; BROKERS' VIEWS ON THE STOCK MARKET A. W. Thomson NEW TORK, Feb. 10. The opening here responded to a slightly better feeling abroad. The London market reported Japanese bonds bad gained three points on the naval victory- Americans ruled 4c to 4c below parity. The failure of a banking house In Bremen was attributed to the break in cotton. The strength shown in the forenoon session was largely due to short covering. There was also excellent support given by banking Interests, and no doubt soma purchases were made for Investment account. There was evidence that Standard Oil interests were supplying bids freely, especially on tba advance of Copper and St. Paul. Notwithstanding the free supply of offerings the market held remarkably firm up to the noon hour, when rumors of additional stock issues by the St. Psul and Wabash railroads were circulated and on the top of this came the poor statement Issued by the New York Central for January. The market closed weak and rather unsettled. Selling of St. Paul and New Tora Central costlnued on the reports of new stock issues. Meysr a Klser. NEW YORK. Feb. 10. A pranoanced reactionary tendency developed in the stock market In the afternoon. Trading and prices sagged very easily. High class stocks were the chief sufferers and such securities as St. Paul, Pennsylvania and New York Central were particularly weak. During the torenoon session ths market was fairly steady and ths tons relatively good. The strength of the market during the early trading was due to aggressiveness In certain specific spots Manipulation was in evidence, and the market was relatively artificial. A brand new pool in Brooklyn Rapid Transit took a hand in the gams and did some spectacular work In advancing the stock. Naturally this security was very strong, but Its strength was so paliably artificial that It deceived nobody. This new pool is mads up of the various elements of ths old one and It is the same speculative political group that forced ths stock above fifty recently. That ths stock is selling up on anything hut manipulation need not bs believed. The steadiness of the market until after the noon hour was due somewhat to ths artificial stimulation referred to and to ths lack of activity and scarcity of selling orders from abroad. There was no aggressive selling In fa t until tha aftert. n. Before ths close ths weakness was pronounced and ven the efforts of the pools was not sufficient to sustain prices. The Steel stocks, which had been very steady in the early trading, broke easily and Steel preferred sold down towards the figure more nearly representative of its actual worth and prospects. St. Paul was hurt somewhat h a rumor that It would Issue some of Its new stock within a short time. It Is not Impossible tbst this rumor may be true. Pennsylvania is still ei ic from the overdose of financing It has been subjected to. Its allied docks, such as the Baltimore a Ohio and Norfolk a Western, are afflicted sympathetically. The Industrial sroup held its own well In the earlier trading, but sold down later. There was good buying la People's Gas on the excellent report. Transactions for foreign account were not large. IPorterfleld a Co.J NEW TORK. Feb. 10. Although London was a seller and sent lower prices, ths sentiment here early favored a further advance and ths first hrur's trading was mostly at advances over last night's strong closing. Ilster the war news caused some hesitation, then later the bad statement of the New York Central, which shows a decrease of $S5&,000 for December, acted as a damper upon the upward movement. This stock rtarted a decline and yielded $2 a share from the opening. Others were subjected to profit taking and the aftermath of the BaBlmors tire. The fear of securities held by Insurance companies coming on the market gave the professionals fresh argument to sell upon. United States Steel hesitated around 58 and soma one who had good profits took them. Copper. Brooklyn Bapid Transit and others which had been prominent early were also realising and the final hour's trading was at the expense of values. Compared with ths last night's close, the list, with the exception of New York Central. Pennsylvania and few others of highpriced stocks, shows only fractional declines. We sre not disappointed in to-day's movement. Probably to-morrow will witness a further decline, as holders will not care to carry over the holiday, but we believe stocks can safeljr be bought on the weak spots to-morrow. 4A. R. Thompson a Co. NEW YOBK. Feb. 10. Ths stock market today showed the further effect of overselling by rallying higher In an orderly fashion, stocks which had been most oversold being subjected to the greatest rise. Developments of the day were not of great Interest. More gold came to hand from Japan, and it was reitorted that about 15,000,000 will be remitted by London for account of the Baltimore fire Insurance. Money is in better demand and promises to continue so. The news from the seat of aar favored Jspan. and it is regarded as a bull card when victories are reported for that country. Some of the reports loM ot complications that might arise by China joining against Russia and Bulgaria fighting Turkey because of Raselan defeats. The war will, of course, msks copper prices go up, an.i Amalgamated Copper is regarded as a very good purchsse on declines. Ws are not inclined to recommend the pur.hase of Pennsylvania or New York Central and believe t.-.ey should be sold short on narl spots. There are conditions surrounding loth that make such action Hdvlrable. The enormous indebtedness of both companies being cor the burden too much fn the opinion of many w they should be considei view by stock operators. ded to make lend rate, in 1 people, sn i that point ia THE MONEY MARKET. II a tea on Loans and Kichnngf-( lesrinara and DlaeounU. INDIANA!'- 'LIS Commereisl paper. I per cent. ; time loans. 5 40 per cent. N I W YORK. Money on call easy st 14! per cent ; ( losing bid. 14 per oent. ; offered t 1 per cent. Time loans steady; sixty days aad ninety days. 4 per cent.; six months. 4444 per cent. Prime mercantile paper. 4 40064 per cent. Sterling exchange weak, with actual business In bankers' bills st $4 KS Vft4 V. 56 for demand and ;tt 4. v: ;-..; 1 V2 r,r nxty-day hills. Posted rates. $4.134494.84 and $4 .84. Commercial bills. $1 924Money Hutes Abroad. IXMfDOM -Money. 2i4 per cent.; discounts. 2$ 44 and 34ft 3 per cent. Consols. St04PARIS Three per cent, rentes. Kf Me foP the account. Exchange on London. 2lt 224c for checks. BERLIN. - Exchange on London 20m r24l checks. .Discount rates: Short bills. 2 per c three months' bills. 24 per cent. MnrLets for iler. NEW YOBK Bar silver. 54c; llxlcsn dollars. 434c. U 'X DON. -Silver bars, M4d per ounca Trennur) Mnlernenl. WASHINGTON -Wednesday's statement of the tre.iM.t ! 1 lances in the general fund, exclusive of tie f' i k 11 rtiere in the division of redemption, shows: Avsllsble cash balance $2ac.7n.l3S Gold 7.511.7U l ocal lenriiiKS. Wednesday'" eiearlngs Corresponding day last year Sl' It: Ml -4 Hopp I Milliard lis lupios. PARIS. Feb. 10. Willie llopp. the Asa can boy Mlli.udi-i. ha won th rhsu,, . n I ship Des Jcuucs Martyrs, bcatlm SaiKh. la the tit