Indianapolis Journal, Volume 54, Number 83, Indianapolis, Marion County, 23 March 1904 — Page 10

10

THE INDIANAPOLIS JOURNAL, WEDNESDAY, MAHCIT 23. 1904.

n PER ON TIME DEPOSITS

(u CENT.

COMMlikCIAL, TRUST CO., IS. Mnrlcot St.

WJS OFFER Law Building Stock LATIIILOP & HAUEISLN. 305 Law ITuilding:. A. R. Thompson & Co. Bankers and Brokers. Room 31 Board of Trade Bui'ding Dally Market Letter oa Stock, Grain and Cotton. MAILED FREE Oil REQUEST. I With BUY Security Trust Co. Stock KSW.TON TODD UffVJihmc YOU KNOW what interest you get. and you will be certain to get It 5 J Per Cent. Minnesota farm mortgages. We have dealt in them for thirty years. THOS. C. DAY CEL CO. Law Building SAFE DEPOSITS. S. A. FLETCHER & COS Onto Deposit Vnvilt 1 East Washington Street. Absolut safety against fire and burglar. Policemen day ani night on guard. Designed for 'afe keeping of Money, Bonds. Will. Deeds. Abstracts, silver Plate. Jewels and valuable Trunks. Packages, etc. Contains 2.10) boxes. Rent 3 to ß4Z Per Year. V1LMAM A. HIGHES - - - Mnnncer C10BERÜ METHODS Constantly handling the largest propositions In the country we can handle yours. H e act as consulting accountants. DACIER-VAVJTER CO. Auditor , Accountants, Systematizers. LOOSE LEAF S YSTETJ7S J O. COPELAXD, Accountant lor Indiana. !:i Sttitnsen. Ktw22l9:C U. Crttn 4292. LOCAL WHOLESALE MARKET. Poultry and Other Produce. , . (Prices Paid by Shippers.) Cheese Wisconsin. 13c; New York full creams, 12c: SwiM, lc; brick, 14c; limburger, L'c. Poultry Hens. 9c; stags. Sc; cocks, 6c; capons. 12c; young ducks. Sc; springs, lo&lO'jc; geese, Cc per lb. Butter Choice- roll. 12c; Elgin creamery, 2Sc; täte. :4c. Eggs 12c. Wool Local dealers are paying or wagon lots: Good medium merchantable unwashed. 17c; coarse and braid. 15c; hea7 merino. 1012c; - i'.f-Nood. HQ lie; burry and cotted, 12&14c; Western. 12c. . Feather- -Prime geese. 30c per lb; prime duck. SOc per lb. . . Beeswax 30c for yellow, 25c -for dark. HIDES AND TALLOW. Green-safted Hides No. 1. "Sic; No. '2, c; No. 1 calf, 10c; No. 2 calf. 9c THC JOriDIN'U TRADE. (TJie quotations given below are the selling prices of th whole-sale dealers.) Candles. Xnts, Flga. Candles Capital stick candy ibrls). 6c per lb; common mixed. 5c: grocers' mixed. 5Hc: Panner twist stick. 7Vti8c; Uanner cream mixed, 9c; Derby mixed. 7c. Nuts Soft-shelled almonds. 15c: Prazll nuts. 10c; filberts, 12c; peanut roasted. TftSc; mixed nuts. 13c. Fig New Smyrna, 12c per lb. Coal and Coke. tueiaii iTices.) Half ton. Ton. Anthracite (all sizes) $2.90 $7.50 Smokeless 3.15 6.01 Cane! .- 2.15 6.00 Piosburg 2. 5.50 Jackson (Ohio) 2.73 5.25 Kanawha "-'.50 4.75 Plttsbunr , 2.50 4.75 Pavmon i 2.50 4.T5 Wlnlfrede 2.50 4.75 Hocking Valley 2.40 4.50 Luhilg 2.40 4.5i) Prazll block 2.2 4.25 Oren and Sullivan (lump und nut)...." 2.00 3.75 Slack, smokeless 2.65 4.50 .Slack. Jackson 1.65 3.00 Slack. Pittsburg 1.6. 3.00 Slack. West Virginia, 1.65 3.u) Slack.' Indiana 1.4 2.50 tConnellsvllle coke 3.90 7.50 Oven coke ' 3.90 7 50 12'j bu. 23 bu. Lump coke. 12c per bu $2.00 $3.0 Crushed coke, 13o per bu 2.13 3.25 llags. 25c per ton extra, ground floor or dumped In cellar; 5oc per ton extra, second floor or carried In cellar. Fron waon, 25c per ton extra, , by wheelbarrow, chute or basket. Drags. Alcohol. $2. KIT 2. 75; asafoetlda. 40c; alum. 4c; camphor, $103l.0S; cochineal. chloroform. 5m 63c; copjeras. brl. 85c; cream tartar, pure. 325'l.c: indigo. 65fjy)c: licorice, Calah. rnulne. 3.''U4c; magnesia, carb., 2 oz., 20'c 22c; morphine. P. t W., per oz., $43 i2.75; oil brrgamot. ier lb. $3; opium f3.5C5j3.73; quinine. P. & W. r-r oz.. 32 4i37c; balsam copaiba, 55-ufiV: soap. Castile. Ft.. 1316c: sovla. bicarb., '.''c: salts, Enm, lÖ4c; sulphur Hour. 2itj5c; saltpeter. S'd 10c; turpentine. 7Kf77c; glycerin. 16ts'(r2oc: Joilld potassium. $2.45tt2.50; bromide iotdsslum. 45 fcOc; chlorate potash. 1320c: borax. 9Ql2c; cinchoniJa, 23'a34c: carbolic acid. 27c; cocaine, mur.. -13.804. Dry Goods. Bleached Sheetings Androscoggin L, Sc; Berkeley. N. 60. 9c; Catot. ?v.c; Capitol. TV. I'umberland. : I)lght Anchor. 9l,c: Fruit of the Um, 9c; Farwell. Sc; Fltchville. 7'ic; Full Width. IV: CSlIt Kdge. 64e; Gilded Age. Cc; Hill. SV; Hope. 74c; Llnwo.xl. 8Vc: Lonsdale. 9c: I'enbody. 4c: 1'vpperell. -4. 24c: Pepperell. 30-4. 2c; Androscoggin. 9-4. 25c; Androscoggin. 10-4. 27c Prown Sheetings Atlantic A. !c: Argyle. 7lie; PKt C. Hc; Puck's Head. Sc; Carlisle. 40-lnch. ?,c: Dwlght Star. S-c; Oreat Falls E. 6ic; Great Falls J, H Hlil Fine. 8c; Indian Head. c: Pepperell R. 7c: Pepperell. 10-4. 24c; AndrerMriclii. 9-4. 23c; Andiwooitgln. 10-4. 25c. ITtnts Alien dress styles, 5c; Allen TR, ic: Allen 'robes, he: American Indigo. 54c; Arnold long cfnth H. 9c: Arnold LLC. Sc; Cocheco fancy. 6c; Hamilton fancy, 5c; Merrlmac pinks and purple. ie: I'Aclrtc fancy. jc; Simpson's mournings. &i,c: Simpson's F.erlln solids. 54c; Simpson's oil finish. c: American shirting. 5c; black white. Sic: crri. 5c. Kld-flnished Cambrtcs Edwards, ic; Warren. 4Uc; Slater. 4V"J; Genesee. 4e. Tlcklnrs Amoskag AC A. He; Conestoga. PF. 13,c; Coi.lls HO. He: Cordis T. 14o; Cordis ACE. 14c; Hamilton awnings, 11V: Kimona fancy, 17c: Lenox fancy. 20c; Lnox XX. 20c: Oakland AK. 7-c: I'ortanjouth. 14c: Susquehanna. lSc: Shetucket SW. 5c; Shetucket F. 8c; Swift PJver. CNc. Grain Bags Amoskeag. $20; American, $20; jiarmony, in; Mam. Clnrhams Amoskea. Uc: AmnakMr 1r TV; Lancaur. c; Lancaster dress, 7V; Toil Flour. Spring patent. $5.50 per brl: winter wheat nat ent. in brl. $.23; atralKht icrade. S S3: In brl. low irraoe. j.i vi; extra rancy. in brl. 1.75; buckwheat Hour. JÖ.10 per tri; graham. $:.iö rer tri." rocerles. Coffee Good. STH-'c; prime. 12BHc; strictly prime. Ini6c; fancy gren and yellow. lS'a22eJava T. 7i 3 r- tnamt-.i i.i i - . . , -r - - - ' . MiMrii n. 3. Sil c; nnest Morha and Java. 2S'u3c Java iirt.u. .c. irtiiiy nter.'i, ic; Göl.ien blend. 13c - " ' - , . . . - . I ' ß I 9. 4 1 . M." . ii on. blend. ll.5c; Gates's blended Jaa. ll.Tic; Climax Java blend. H.2.V. Sugar City prices: Costal Dominoes. 5-h rr. ton. 7Vc; out loaf. S.Soc; tuti, t.ioc; XXXX powdered. S.Hk; atandard rjowdered. S.Z-c; fruit jrtwdred. i.02c; granulated. 2-ib package. 5.25cfranu t'M. S-lb ckas. 5 2fto ; standard Una f ranu.ate.1. bags or brls. 4.77c; Hldgewood A -rls. 42c: Phoenli A. brls. 4.77c; Empire A 4 72c; p,eal ex. C. 4 67c; Windsor ex. C. 4 6: Hldgewool ex C. 4.57c; li yellow. 4.47c; 1C yellow. 4.27c; New Ori-ans Mark). 4e. nIasea tool trun Nt Orleant molasses.

3T PER CENT. ON SAVINGS ACCOUNTS

fair to prime. 2S332c; choice. 2Stf42c; syrups. 26 Salt-In car lots. K'-: mal! lots. 33511. Spices Rrpper. 17c; allrpice. 13'ilsc; cloves. 20 $?c; raffia, l'.'slSc: nutmegs. 5'jt"iic r lb. Rice lymlsiana. Vz'ite; Carolina. 6-j'u"5c. Shot-Sl.it il.ro per bag for drop. Iead G'fTc for pressed bars. Wood Dirt No. 1. ! r .oo. J1.40T1 CA; No. 2, fl ol. vj; No. Z. tl.MliZ: No. 5. tl.'nl ). Twin Hf-:np. iz'u lSc jx-r lo; ooi, 6 'a IV; flax. 20' e: i-nper. 13c; Jute. l.'T, ;.; cotton. 22'25c. WwHlrnware-No. 1 tuhs. ?Kfj7: No. 2 tubs. $.112 : No. 3 tubs. J4V-"; 3-hoop palls. .M; 2-hoop palls. $l. V'n 1. '.'); double washboards. $J..Vi,fi'--70; common washboards. $l.S5'tfl.; clothespins. 60tf 65c i-r box. iron nnd Steel. Par Iron. 2.60c: horseshoe har. 2.75c; nail rod. 7c; plow slab. 4..V-; American cast steel. 9511c; tire steel, 2c; sprlr.fr steel. 4ii3c. Lent her. Oak sol. 2:fZ2c; hemlock sol.. 2s52?c; harness. 23-8 lnc; fkirting. ZTii)e: flnj.!e strap. 41'd 45CI CltV kir. Kttfl-i f Fmnfh Irin WlT, tl 9 Icalfskin. Irfx'SJl; French calfskin,' Jl.2-,"I.b3.-.Nulls nnd Horseshoe. Steel rut nails. $2.30; wire nails, frcm store. $2.3) rates; from mill. 12.20 rates. Horseshoes, per ktg. $4.30; mule fhoes. per keg. $1.20; hore nails. W&Ö r box. Barb wire, galvanized. $2.S0: painted. $2.65. ' Oils. Linseed, raw. 41c per gal: linseed ojl. boiled. 42c per gal: coal oil. brl price. 12c. 12c and 14c: gasoline. 14lc Pi od nee, Fruit and Vegetables. Fancy Apples Baldwins, per brl. $3.50; Spies. $4; Hen Davis. r-er brl. $3.30; Wine Saps, per brl. $3.50; Itoman Beauty. $4. y Bananas Large, J2 per bunch: medium. $160 Cabtase Holland Seed. $3 per IM) lbs. Carrots .V- j r bu. Celerr-California. per crate. $4.23; per doz 80c Cider Per brl. $3.5u; half brls. $5o. Cocoa nuts $3.50 r bag. 5ic dor. Cranberries Jersey. $.'.2i per bu; 18.23 ter brlMcFarlir.. $7.W ler brl; Jiiw?s. $S r brl. Vates Walnut. $1 i-r box; package dates, 60-lb bjx, 5c per lb. Fi;s Smyrna, 10c per, lb. Crapes Malaga. In brls. $5. Honey White clover. lHc per lb. Kraut Per cask. 45 irals, $10; per brl. 30 rala $6.50; half brl. 15 gals. $4. ' Lemon.' Extra fancy Messina. 30 ssze, $3 50 box; 30 size. $4: California, 300 to 260 size 13. Lettuc 16c p-r lb. Navy Deans Per bu, $2.05. Old Pop Corn 2c jcr lb. Onions Yellow. pr cwt. $2.40; red. $2 50 Oranges California Seedlings, $2 per box; Florida. $3; Navels, per box. 52.40. icadlhes Per ooz, 4)c. Shallot Per doz. 6oc. Parsnips 6oo per bu. Ptars-Per bu. SI 31.25. Pineapples Florida, per crate. 24.50. potatoes-Northern stock, 95c per bu. Khubatb-Pcr doz, 40c. Fpnnish Onions $2 per crate. Sweet Potatoes Illinois. $3; Kentucky. $3. Turnips 50c per bu; Rutabaga. 75c per bu. Provision. Suear-cured Hams Indiana. 14 to 16 lbs aver. Shoulders English cure3. Kellable. 18 to 20 lbs Pickled Pork Indiana bean or. Jowl, per brl 200 lbs. 14; rump, per brl. 200 lbs. $16; family, per brl. 2 0 lbs. 416.50; fancy clear bean, per brl. 200 lbs. $20.50: fancy boneless pig. per brl. 2'jJ lbs. 21. Also half Lrls, loo lbs. at half the price of the brls. adding 50c to cover additional cost of package. Lard ivettle-rendered. 9c; pure lard, 9,a Dacon Clear bellies, 25 to 20 lbs average. 10c; 18 to 22 lbs average. 10Vc; 14 to 16 lbs average. I In- nh.ar harVe "(1 tn I IVia a . . p n n ti t . . to 15 lbs average. 10c; 9 to 10 lbs average, loVic; clear sides, about 50 to 60 lbs average. 9?c; 34 to 40 lbs average, Vjw; 20 to SO lbs average, 11c. In dry salt, lc les3. Seeds. Seed clover, prime. $6.75377. English clover. $7.25ö"-50; alsike. $7.508.50. Timothy, prime, $1.75 U2. Fancy Kentucky bluegrass. Jl.Sußl."; ex tra clean. w&Mc. urcnara srass. $l.;oQ;2; red top. 90cS$L75. Kngllsh bluegrass. $1.502. SiiKnr. NEW ORLEANS. March 22. Ruar steadv: open kettle. 2Vu3 3-15c; open kettle centrifugal, S'uSSc; centrifugal white. ifU 5-1; yellows, 3'-Vc: seconds. 2Vi43c. Molasses non.lnal; opn kettle, 20ft25c; centrifugal, .10 15c. Syrup, 20Ü25C. ENGLISH ARE CLUMSY IV ITH SUBMARINES So Declares French Naval Officer Who Arrives with Party at New York. NEW YORK, March 22. Headed by Professor Goegg. a delegation of nine French commissioners arrived here yesterday in the French liner Ia Savoie to study American industries. Besides the professor, the party consists of Count De La Burahaye. Count d'Audlffret-Pasquier. M. Richard, M. Delvaux. Lieutenant Bourie, of the French navy; Commandant Massari and M. Langlois, the latter one of the best-known engineers of France. The party will start Tuesday for Washington to see the French ambassador, and will go thence to Tittsburg. Lieutenant Bourie is to investigate the Carnegie, Bethlehem and other steel works. Count d'Audiffret-rasquier will study the financial end of the great American Industries. The report of the committee is to be made to 100 French societies. The party will tour the States for live weeks, go to Canada and then return here for another tour of three weeks. Lieutenant Bourie. discussing the recent disaster to an Knglish submarine boat, in which eleven lives were lost, said it was due to English ignorance of submarines. He said such an accident could not occur in the French navy. A CANE-UMBRELLA. Walking Stick That Is Easily Converted Into a Protector. There lives in the little town of Simpsonville. Tex., a young lady whose name may be inscribed on a roll in the hall of fame some day, and all because she has solved ono of the great popular problems of the day. One of the most aggravating experiences of modern civilization is to go out with an umbrella believing that there is to be rain and after lugging the thing about all the morning, or all the afternoon, or perhaps all the day. come home without having even a suspicion for using it. Generally we profit by this experience th next time it is cloudy by leaving the umbrella at home and receive as our reward a good dwnchlnjf. The lady in question has Invented an umbrella-cane. This is a contrivance embodying the two in one. The umbrella is rolled tight and fitted snugly in a long THE UMimKLLA-CANK. tubular receptacle which, is Furmounted with a pretty h-indlo and maks an admirable cane. No one. of courts-, objects to carrying a cane while walking, and if it Insures protection from rain its desirability ia increased immeasurably. The illustration givt-M a evood idea of the mechanism of the affair, which U really very simple

READY TO DISSOLVE NORTHERN SECURITIES

LWIOX PACIFIC CONTROL OF XORTIL KUX PACIFIC ASSURED. Union Pnclfle Advanced S.U n Share Yesterday, nnd Xortheru Securltle Went Nearly to Par. NKW YORK. March 22 The directors of the Northern Securities Company have issued a statement In which they make the following recommendations to the stockholders: First. That the capital stock he reduced from 3.D54.0O) shares to 29.00 shares, a reduction of 9 ii-r cent. Second. That said 00 per cent, be called In and canceled. Third. That against each share so canceled there will be delivered $33.27 stock of the Northern Taclflc Railway Company and $30.17 stock of the tlreat Northern Railway Company, also proportionate, amounts for each fraction of a sha re. Union Pacific ro.e S points In to-day's stock market on uninterrupted buying In blocks of l.Oof) to E.0O0 shares. The movement was a mystery up to the late hour of the market, when it waa Intimated that a statement would be forthcoining from the Northern iseuritles Company. No Inkling was given of the character of this statement, but the movement of the market indicated strongly that the distribution of Northern Securities holdings of Great Northern and Northern Taclflc stocks would be the subject of the statement. It was assumed from the special prominence of Union 1'acihc that the advantage secured by that compary in the controlling Interest In Northern I'atlric would be assured to it by the terms of ttv re-di5trlbutlon. Croat Northern preferred also advanced "la points, and Northern Securities on the curb about seven joints. to within a shade of par. All the securitit-8 connected in any way with the Northern Securities merger were very active and strong and gave sympathetic strength to the whole market. Another leport circulated durin the advance in Union I'aclric was that the Northern Securities Company stockholders would receive blocks of Northern Pacific and Oreat Northern stocks In proportion to their holdings in Northern Securities shares, and not according to the amounts of Northern Pacific and Great Northern stocks they had turned over to th Northern Securities. This, it was figured out, would be advantageous to Union Pacific. A meeting took place to-day at which E. H. Harrtman. James J. Hill. George V. Perkins. V. P. Clough. George F. Paker, John F. Kennedy and Francis Lynde Stetson were present. The fact that Messrs. Hill. Harrlman and Perkins were at this meeting was taken as an indication that arrangements were being made on an amicable basis and that there was no contest. There was still another story afloat in the afternoon to the effect that the advance In Union Pacific had been caused by efforts of the Hill-Morgan party to obtain control of Union Pacific. No confirmation of this report could be obtained. The Evening Post quoted a friend of Mr. Hill's as follows: 'The Northern Securities Company will pev a dividend of 09 per cent., representing a distribution of its assets. Union Tacific will receive $23.000,000 in Great Northern preferred and S36.0O0.wO0 In Northern raciflc common. Other shareholders will receive, payment in proportion." LOCAL SECURITIES MARKET IS QUIET Small DlockM of Water Fives and Gam Sixes Sold Yesterday General List Dull niyl Inactive. Tuesday Sale. After the Call. $2.000 Water fives at . lOO 1-2 2.000 Water fives at 1 3.00) Gas sixes at 105 12 Shares Street-railway at 87 1-2 12 Shares Atlas preferred at 107 1-Ü There was little of Interest In the local securities market yesterday. There was a few scattering sales of small blocks of bonds and odd lots of Street-railway and Atlas preferred. But the list of stocks which has been active of late was dull. On the Exchange nothing was done and no sales were reported. All the business of the day was done in the afternoon in the open market. Speaking in a general way, the dullness which overtook the market the latter part of last week is unrelieved. The time of year is. About here when it is expected business will slow down somewhat and take a more moderate pace. The first effects of the conservatism in the world of finance and commerce which always precludes a presidential election, seem to be making themselves felt. Such influences do not have a direct effect upon the local securities market, but in an Indirect way their influence is felt, whether it be for more activity or less. Quotutiona. Closing. STOCKS . Bid. Ask. American Central Life Insurance Co 85 933 American National Bank 152 Atlas Engine Works pfd 104 107V Belt Hailroad common Ill Belt Railroad pfd 120 125 Brown-Ketcham Iron Works pfd 104 107V Capital National Bank 143 Central Tru?t Comiany 130 Climax Coffee and Baking Pow. Co 80 Columbia National Bank 110 Consumers' Gas Trust Company.... 1250 14V Delaware & Madison Co. Telephone 47 Federal Union Surety Company... 95 Home Brewing Company 117 125 Indiana Hotel Company pfd 42 55 Indiana National Bank 215 , 22 Indiana Title Guar, and Loan Co. ..69 ' 72l2 Indiana Trust Company 61 Indiana Union Traction Co 12 15 Indianapolis Abattoir pfd 161 Ind'pTs & Martinsville R. T. Co 50 Indianapolis Fire Insurance Co. .. 143 147Vi Indianaiolls Gas Company 75 Ir.d'pTS & Eastern Railway Co 50 Indianapolis & Eastern pfd 90 9S Indianapolis Street-railway 85 S9 Indianapolis Traction and Terminal 35 3 Law Building 80Vi M Marion Trust Company 220 223 Merchants' National Bank 196 Midland Portland Cement Co. com 42 Midland Portland Cement pfd 80 New Telephone Co , 80 87 New Telephone rights 21,3 New Telephone, long distance W1 People's Deposit Bank 110 115 Rauh Fertilizer pfd 102 Security Trust Company 10) loo1, Union National Bank 103i Union Traction common 33 36 Union Traction pfd 71 73li Union Trust Comjany 220 Van Camp Hardware Co. pfd 107 Wasson pfd 100 BONDS Broad Ripple fives Citizens' Street-railroad fives 921a 106 no Delaware &- Madison Co. Tel. fives. Home Heating & Lighting Co. fives Indiana Hotel Co.. second sixes... Indiana Union Traction fives Ind'pTs. Columb's & Southern fives 90 luO 1W4 76 102 103 9)" SS loi Va 101 103 90 90 82 85 6 . Dol93 iöö Indiananolls & Eastern.. Ind'pTs & Greenfield Railroad fives Indianapolis lias company sixes.... 104 Ind'pTs A Martinsville It. T. fives Ind'pTs Northern Traction fives.... 80 Ind'pTs Street-railway bonds, fours 80 Indianapolis Water Co. fives 100 r i T .11 . 0 A - - - fr. 1 I rvOKomo nauway c i.ikiu o. uvrs. sj Merchants' Heat & Light Co. fives Midland Portland Cement fives New Telephone, first fives New Telephone, second fives New Telephone, long distance fives. 1024 SO Union Traction of Indiana fives. 95 Ex. dividend. With accrued Interest. lars. General Financial News. The current issue of the Spectator, a New York publication, contains some Interesting figures upon life insurance business last year, and also showing the financial standing of eighty-seven companies: "On the first of January last the assets of these companies amounted to the tremendous sum of fi.276. 299.337, a gain of $176,1C0,S64 over the preceding year, while the surplus over all liabilities Is S2M.934.62S. In spite of the heavy depreciation of .ecurltles during the year 1M3, which affected these companies to the extent of many millions of dollars, the total surplus held decreased only IT"?.!"!. Premium receipt for the year increased $40.151.417, reaching $147.11.910. while the total income c.f .w2.0W.S'W showed a pain of $17.666.707. Policy-holders and their beneficiaries were paid In the twelve months $225. $02. .'67. or $:(5.öC5.2S0 more than Ln the preceding year, and 1W3 was the first year in which this item exceeded $20rt.noöfleo. Total disbursements amounted to $000,256.113, leaving Si91.$4').7i3 to be rarrlM to the rift ledger asset account. The new business written and paid for Is represented by $1.739. 073, S68 ordinary business. and $59, 634.0:; industrial. These companies now ha.e In force ordinary policies calling for the payment of $9 5SX.lol.052. and industrial policies of $1.976. 404.515, maklnK a grand ag-ffreeate of life insurance protection of $I1.S7I..V.1.567. Ordinary business gained last year was $S7S.S7.25D. and Industrial $171.240.443. "During the jat Mve years the life insurance companies of the United States have added to their assets $S09.223.00O. and to surplus $73.255.0Ort; their piemlum receipts have Increase! '0 r7.CK. and payment" to policy-holders $79.074.000, while the sum insured under ordinary liides ha Increased iKW,w.00, and under

Industrial policies. $s.331.0OO. It Is difficult to

rrasp the magnitude of these figures, or to realize the renent conferred on the community in the distribution of more than $225.0K.o)0 to policy-holders In a single year. Back of the life insurance contracts there stands the enormous sum of more than $2.250.000." In view of the recent flurry of Russian bonds In Paris, the following from the New York Post Is of much interest: "The official ll?t of the Paris Bourse contains the names of fourteen sejiarate Kussian bond issues, and of ten P.ussian railway loans with Kovemment guarantee. A recent careful Paris estimate reckons the face value of the.e French holdings at $1.400,000.0 to $l.60Vio0.ooo. The Indon estimate, cited a week ago by the Evening Post's correspondent, is $1.7j0.OV).oH. Probably both are overestimates; but they give some idea of the factors with which the problem has to deal. The.e holdings arc un'jestionMy well distributed c0 far as regards the bulk of theParis notations, because the French tourpeols has from the flrft responded to the invitation to subscribe. But whether th recent i?suos, placed slr.ee reaction he?an on the eer.erul market since have ben thus distributed to the final holder, is another question. This is particularly true of last hummer's lxn. It will be rccaiied that in 1S91 a 123.fNV.OiMub!e loan failed to find takers among investors, pnitly because of the opposition of the Hebrew bankers, but chierly Ucau.ce the trouldcd European money market nnd the Russian crop failure had scared away mall investors. The disturbed market and a threatened strain on Russia itself have excited this pnst year a!po, and must have had a somewhat similar effect. It is the tonds still in hanker' hands which are embarrassing the Pails market." It was estimated at the beginning of the year that railroad requirements would be something over $400.000.000. At that time the leans of the associated banks were about $S92.O0O,0u0, and doubts were expressed whether there would be any money left for other borrowers, after the railroads had been accommodated. Within two months and a half the loans of the associated banks barely missed the billlon-doüar mark, but the surplus Increased to more than three times what it was on Jan. 2.' 1904. Money on call has gone begging at lVy2 per cent., and there is very little demand foe time money at 4 per cent. for six months. The railroads have not yet borrowed all the money that they need, but will j:ue tue ciimcuuy in getting all that thev can use to advantage at 5 per cent., or perhaps a shade lower. Tn? course of events is gradually framing an answer to the question, what are the tanks to do with their deposits after the railroads have been taken care of. in "the lack of first-class borrowers?" The decline in sterling at I arls. and the advance here to $i.K.90't 4.S7 on Thursday, point to an early resumption of gold exports to Paris as the most natural way of nndlng employment for our surplus cash. Before the Inflation of the currency under the net of March 14. 1900. the usual order was gold imports in the fall to facilitate the movement of the crops and gold exports in the spring in settlement of mercantile and other indebtedness. Our imports of merchandise in Februarv 14 were not only the largest for any February, but were larger than in any other month except I Tnemr' I90.2' and Mar. I. The treasury will add within less than sixty days by the Panama payments $50.000.000 to a money market already congefted. The movement of gold to larls may not be postponed until the money actually passes in payment for the PananÄ canal. TRADE IN GENERAL. ST LOUIS, March 22.-Flour dull and uncharged; red winter patents. SLSGfjo. and special i,r,' . h,,h a r' ': exlra fanc' and straight, H-J-A clear' W.S5üUJ. Timothy seed steady at i.0u2..o. Corn meal steadv at $2.40. Bran dull; packed, east track. S.SSc. Wheat weak alter advance; No 2 red, cah. elevator, 97c; track. $1.0331.05; May. 91l,c; July. S2Hc; No. 2 hard. 90c. Corn lower; No. 2. cash. 45c; track. 4tc: May, 45ie; July. 4?.c. Oats lower: No. 2. ca.-h . 40'2c: track, 41c; May. 394c. Hay stealv: timothy. $7 12.50; prairie. $5ft9. Whisky steady at $l.u24. Iron cotton ties. Sc. Babing. i.iC. Hemp twine. Cc. Pork lower; jobbing, $13.15. Laid higher: prime steam. $6.50. Bacon steadyboxed, extra shorts. $7.62',; clear ribs. $7.624: short clear. $7.871. Receipts Flour. 11.000 brls; wheat. 17,000 bu; corn. 5;, 000 bu; oats, Sl.OOO bu Shipments Flour. 17.000 brls; wheat. 171.00U bu.' coin, 102.000 bu; oats. 79,000 bu. KANSAS CITY. Match 22 Wheat May, SZcJuly, 77c; cash. No. 2 hard, 8Sf,iC; No. 3. S5j S.c; No. 4. 9fr3c; rejected. 72fc7c; No. 2 red. Jl; No. 3. 9oiy,Sc. Corn May, 41'4c; July. 43 Vy0.; No;.2, csn' 4c: No- 3- 43c: 2 white, VJ c; Nu 3. 42Vi343c. Oats-No. 2 white ri,ed- 4,V- Ky-No. 2. 64c. Hav Choice timothy, $10; choice prairie, $7.7.V?i? Wheat Receipts, 6S.S00 bu; corn. 33.600 bu; oats 23.000 bu. Shipments-Wheat, 125.600 bu: corn 21.600 bu; oats. 5.000 bu. ' CINCINNATI. March 22.-Flour steady. Wheat firm; No. 2 red, $1.0231.04. Corn dull; No. 2 mixed, 4717t.ic. Oats dull: No. 2 mixed 41-f2 41c. Rye steady; No. 2, 77(?r7Sc. Lard steady at $6.50. Hulk meats quiet at $7.25. Bacon steady at $$.50. Whisky Distillers' finished goods steady on basis of $1.28. Sugar easy. DULUTH. March 22.-Wheat-In store, No. 1 hard. 96c; No. l northern. 94,2c; No. 2 northern 92c; on track. No. 1 hr,rd. 9.c; No. 1 northern' Oilie; No. 2 northern. 02c; May. 94ic: July. 95V4C: September, S2c. Oats On truck and to arrive' SSc. TOLEDO. March 22. Clover seed Close: Cah and March. $6.50; April. $-5.40; October. $5.45 Prime alsike. $6.20. Prime timothy, $1.40. Wheat May, 9Mc; July. SSc; cash. $1. MINNEAPOLIS. March II -Vhfr,. ti-. July, 9oc: September. S2a82Hc: on track. No. 1 hard. !6c; No. 1 northern. 95'ic; No. 2 northern. 92ic. LIVERPOOL. March 22. Wheat-Spot MullNo. 1 California. 7s Id. Corn Spot firm; American mixed, new, 4s 24d; American mixed, old. 4s d. MILWAUKEE. March 22. Barley firm: No 2 63c; sample. Sif'a60c. Poultry, Dritter nnd Eggi. NEW YORK. March 22. Poultry Alive steadychickens. 12c; fowls. li2c: turkeys. 15c. Dressed firm: Western chickens. 12frl3c; Western fowls 14c; Western turkeys, young hens, 6fc?l7c. Butter Receipts. 8.3SS packages. Market firm Extra fresh creamery. 24i24ic; creamery, ccmmon to choice. 15'g23c; state dairy, 1421c; held cieamery, 14fi20c. Cheese Receins. 1.S2G packages. Market steady. State full cream, fancy small and large colored white. September, 12c; state full cream small and large colored white, late made. loe' Eggs Receipts. 34.C02 packages. Market steady State and Pennsylvania near-by average finest 17c; state and Pennsylvania firsts. 16c; Western firsts. 16ljo. PHILADELPHIA. March 22. Butter steadyextra Western creamery, 24V4c; extra near-by prints. 2Sc. Egs firm and ln good demand; fresh near-by. 16'-ic at mark; fresh Western. 16ff 17c at mark; fresh Southwestern, 161j16s4c at mark; fresh Southern. 10c at I mark. Cheese steady; New York full cirafns. Choice to fancy loTjlle: New York full creams, fair to good' U'raPc. CHICAGO, March 22. On the Produce Exchange to-day the butter market was steady; creomeries. 14i23M:c; oairles. 12,ifi21c. Eggs steady at lSV'-Sic at the mark, cases Included Cheese easy at lü'gllc Poultry Alive . firm; turkeys, 12c; chickens. 12'ic; springs. 12Vc. ST. LOUIS. March 22. Poultry steady; chickens. lO-gdlc; springs. $33.50 perdot; turkeys llil2Hc; ducks, 12c; geese, 6fi7c. Butter quiet' cresmery, 2Cff251.sc; dairy. 151 19c. Eggs steady at 13c, case count. CINCINNATI. March 22.-Egg steady at 14c. Butter steady: creamery, extra. 26UC; firsts 24f25c: seconds, 22 IT 23c; dalry.i I2rlc." Poultry firm; hens, 12ic; fprings, I3c; tiTkeys, 13Q14c. Cheese fcteady. KANSAS. CITY. March 22.-Eggs weak; fresh Missouri and Kansas stock. 13c, cases returnednew No. 2 white-wood cases Included. 14c' Butter firm; creamery. 2f22c; dairy fancy, 17c. BOSTON, March 22. SpeclaI.-poultry easyfowls. 13c: chickens. l.ViUe; turkeys, 16317c: cajcns, 16giSc. Eggs. lS-lSc. . Wool. LONDON. March 22. At the wool auction sale to-day 13.892 bales were offered. A number of buyers were present. Some superior Victorians were keenly competed for. and a good supply of scoureds sold brl?kly. Cross-breds, In large supply, met with a strong demand, with the coarse grades realizing the highest prices of the series. America purchased a fair supplr of medium cross-breds. Iambs were freely taken by the home and German buyers. A small supnlr of Punta Arenas was well competed for and realized good prices. Following are the sales in detailNew South Wales. 2.3'K) bales; scoured. 1 3dfjls 7d; greasy. 71yils Ud. Queensland, l.ioo balesscoured. Is ldftls 9Vd: greasr. sjiliud Victoria. 1.6W baleg; scoured, is 4.1fj2s 34d": greay MS Is 3'i'L South Australia. 100 bales- greasr 7Kdls. West Australia. 23 bales; greasy. 6VS 74d; New Zealand, 4,?ix) bales; greasv. ß!411Ud Cape of Good Hope and Natal, 2j0 baies; scoured' Is S'dls 5d; greasy, 69d. Tunta Arenas. 3 10"j bales: greasy. 6ffbid. BOSTON. March 22.-Owng to the scarcif of domestic wools, both fleece and Territory, 'medium wools are in great demand and very' firm This scarcity al?o has led to a marked incres.ee In the demand for low and foreign wools. Offering? of domestic grades are small and at current prices. The market for pulled and Territory wocls Is steady. In foreign wools there is a good demand for low Australian cross-hreds to take the plnce of domestic quarter-bloods. Current quotations may be summaried as followsihlo and Pennsylvania XX ond above 34c- X 30U3lc; No. 1. 3-c; No. 2. ZzZc; fin unwashed' S3 24c: half-Mood unwashed. 2.'i2i20e: three-elKhths-blool tinwashed. 2-".f2W?: quarter-blood unwashed, 2.1 'i 26c; fine washed delaine, 35 ft 36c Kentucky. Indiana, etc.. three-eighths-hlood 25 g26c; quarter-blood. 2.v;i2i; braid. 2?f;23c. ST. LOUIS. March 22. Wool steadr; medium grades and combing and clothing, lsfic; light fine. 15ftl7Vic; heavy fine. 12'al44e; tub washed 22S31C. Dry CoaiN, NKW YORK. March 22. The dry goods market has shown little change with buyers little interested and sellers not Inclined to recede from their pH'00 en pri-e The outl.x.k Is for a continuance of conservative buying In small lots for Immediate consumption. Jobbers are doing only a moderate business. Cotton, NEW YORK. March 22. Cotton Spot closed dull, fifty ioints decline. Middling uplands. He; middling gulf. 14.25c. Sales, 203 bales. Mc-tnlft. ST. LOT'IS. March 22 Lead Quiet at 4.42. .Spelter quiet at $J.SJ.

STOCKS MOVE IN 1,000-SHARE BLOCKS

TKADIXG IX LWIOX PACIFIC TIIH FIIATt HE OP Tili: 31 AH K CT. All Securities Related to Xorthrrn Securities) Coiiipiiny AfTcoletl 1tnlon Pacific .Movement. Fa!es of stock shares Corresponding hy last year Sal-s to date this rear." . 1,0411.0410 4S7.0M .s,4:t.: to V orresponding day last year NEW YORK. March 22. A price movement of first-class Impottarce, with a mystery attcched. stimulated the languid speculative appetite of the stock market to-day. There was a time to-day when 1.000-share blocks of the leading stocks seemed to be accepted as . the unit of tiar.sactions among the inspirited traders. Union Pacific was the leader of the movemcnL but the mystery centered about the Northern Securities Company and the probable process of its dissolution. All the securities related to that company and its Interests made free price movements. But as Union Pacific is the only one of them in liberal supply in the market, the bulk of the activity was in that stock, and it was furiously active on dealings in 1.000 to 3,(M) share blocks. The source of the buying, as well as its motive, was kept obscure. Bankers associated with the finances of the company emphatically disclaimed any part in the buying or any knowledge of its cause, and were, in fact, sellers of the ttoek at its hijjher price levels. Great Northern preferred, and on the curb Northern Securities, weie ln eager demand on ä rapidly rising price scale. Other stocks concerned ln the Northern Securities merger have disappeared from the market, but the Oregon Short-line participating fours, which are secured by the Union Pacific's Northern Securities stock as collateral, and Burlington Joint fours, which were exchanged for Burlington stock, were active and higher. The fact that lawyers representing the various interests are In constant consultation to work out the method for distribution of the Northern Securities holdings under the decree of the court pointed to that as the coming event. To-day's price movement iseemed to point clearly to an arrival at some conclusion on this point, but the news did not disclose what it was. The principal question in the public discussion of this problem has been whether Northern Pacific and Great Northern stock should be re-distributed to the holders from whom the Northern Securities received It. or to present holders of Northern Securities in proiortion to the value at which that stock exchanged for the merged stocks. The buoyancy of Union Pacific was presumptive evidence of the safeguarding of the advantage t-ecured to that company by its controlling interest in Northern Pacific before the merger. There were some alarmist rumors circulated at one time that the contest for control in the transcontinental field was being reopened by the dissolution of Northern Securities. The niHrkei closed without any announcement to clear away the day's mystery, although it had become putty generally believed that it would be made known before to-morrow's market resumes. The movement in the general market! was purely sympathetic and ran from a fraction to 2 Iolrts. the last named figure being slightly exceeded In St. Paul and Southern Pacific. United States Steel preferred closed the day unchanged. Until the enormous buying of Union Pacific developed the market was inclined to extend yesterday's reaction, without additional news, unless it might be the disturbing influence of the Sully complications. The rise in foreign exchange wis checked and the gold export movement thereby apparently deferred. The arrivul of $2.500.000 additional Japanese gold at San Francisco was al?o reported. Union Pacific's extreme rise reached on dealings in 401,700 shares, that in Great Northern preferred 7s. and Northern Securities on the curb abovt 7 points to wltliln a shade of par. The closing as strong and active. The bond market was strong, led by bonds related to the Northern Securities merger. Total sales at par value were $3.110.000. United States new fours registered advancd per cent, on call. Sales and the range: High- Low- CIos. RAILROADS Sales, est. est. Bid. Atchison 44.600 70i 68 Atchison pfd 1.900 90i W W4 Baltimore & Ohio 24.200 SO 5V 1. & O. pfd Canadian Pacific 3,100 115 1134 ljfi Central of New Jersey -. .... lj6 Chesapeake & Ohio 900 21 vfc 314 314 Chicago & Alton 900 SS, 374 3Ji C & A. pfd Chicago Great Western... 1,100 15 144 lo1 Chicago & Northwestern.. "00 168 i 167 164 Chi.. Mil. & St. Faul -47.600 146, 144H 146V C. M. & St. P. pfd 100 17S',i 17&V 17S Chi. Term, and Trans 1.500 20 19 194 Chi. T. and T. pfd 20Vi C, C. C. & St. L. ........ Colorado Southern 1.200 17S 17 17 C. S. first pfd 100 54i 544 S4 C. S. second pfd 10 23 24 4 244 Delaware & Hudson 30) 1514 1504 150 Del., Lack. & West 262 Denver & Rio Grande 2 JO 20, 4 23 204 D. & R. G. pfd Erie 23.200 254 244 23 Erie first pfd 4.500 64 634 634 Erie second pfd 42 414 2 Hocking Valfey 74J4 74, 74 Hocking Valley pfd S00 (, 81 Sl4 Illinois Central L1C0 129 12S4 123 Iowa Central 1C0 194 - 19 Vi 1? Iowa Central pfd Kansas City Southern 1 19H Jv . C. S pfd .... .... .... 3-4 lioulsvlllc & Nashville.... 3.100 1C54 104 105 Manhattan L , 400 143, 143 1434 Met. Securities 1 200 79 .9 .7 Met. Street-railway 6,500 112 1114 H24 Minn. & St. Louis M., St. P. & S. Ste. M.... 600 634 63 634 M.. St. P. & 9. S. M. pfd 120 Missouri Pacific 43.600 924 904 92 Mo.. Kansas tz Texas.... 7on 1S4 l" 1 M.. K. & T. pfd 1.100 39 33 29 Nat. R. R. of Mex. pfd... 100 3 3 374 New York Central 800 117 1154 116 Norfolk & Western 2.3' 58- 57 54 Sc AV. pf ;1 So Ontario & Western 2.900 21 21 214 Pennsylvania 60.800 117 1164 1174 P.. C. C. & St. L 60 Beading 30.300 44 43 44 Reading first pfd 8 Reading sevend pfd 59 Rock Island Co 10.300 214 20 21 Rock Inland Co. pfd 600 62 2 624 St. D. & S. F. 2d rfd 40.1 44 43 44 St. Louis Southwestern... 2O0 144 14 14 St. L. Southwest, pfd 600 344 334 34 Southern Pacific 137.4 0 4R 45 4S4 Southern Railway 5.1 21 21 21 Southern Railway pfd 800 854 844 Texas & Pacific 400 24 24 234 Tol.. St. Louis & West 25 T.. St. L. W. pfd 100 36 36 3 Union Pacific 401.7OO 85 76 844 Union Pacific it& W 51 74 91 Wabash 3' 19 14 14 Wabash pfd 1.500 36 4 25 36 Wheellnsr & Lake Erie 164 Wisconsin Central 100 18 1ST, 1 Wis, Central pfd 424 EXPRESS COMPANIES Adams --2 American 100 192 192 190 United States 105 Vells-Fargo ' .... .... 0o MISCELLANEOUS Amal. Copper 29.400 44 47 4 Am. Car and Foundry.... 200 204 20 20 Am. C. and F. pfd 400 71 70 71 American Cotton Oil - 294 Am. Cotton Oil pfd 8 American Ire 7C0 67 W 6'4 Am. Ice pfd 700 2 27 4 26 4 American Uinceed Oil 200 9 9 ,8 Am. Linpeed Oil pfd 2 American Locomotive .... 2.7 224 22 22 Am. Txco. pfd .. 200 83 83 M4 Am. Smelt, and Refining. 1.6) 44 4 4 Am. S. and R. pfd.. 300 D2 92 Si American Suear Refining. 8.100 126 125 126 Anaconda Mlnin Co 300 66 6"i fiöi Brooklyn Rapid Transit... 20.900 43 42 4 Col. Fuel and Iron 100 29't 294 2l Consolidated Gas 100.50") 197 1944 197 Corn Products 3 Corn Products pfd 200 72 714 71 DiFtillers' Securities 200 24 24 24 General Electric 6C0 b94 168 16 International 1'aper 11 Inter. Paper pM 65 '.nternatinnal Pump 22 Inter. Pump pfd 74 National Lead loo 15 15 15 North American 2V 874 854 psi Pacific Mail 2.500 31 27 19 Peorle's Gas 1.500 93 97 P7 Pressed Steel Car r.14 Pressed Steel Car pfd r.94 luliman l-aiace tar 210 Republic Stefl 100 Republic Steel pfd 4 74 43 U Rubber Goods 4Y) 19 194 194 Bubber Goods pfd ion 774 774 7 Term'. Coal and Iron 3V 3v 31.1 31'. United States lather.... 401 7 7 04 U. S. leather nfd ID 7 7 77'-. United States Realty 2ol 64 64 64 U. S. rtealtv prd TO r.nu soi, ri,' United States Rubber ' 400 134 H V. S. Rubber nfd ."M f.24 ,V4 f,2 Cnlted ftate Steel inHYi lit, 11 jia; U. S. Steel pfd 47,7'X) 57" 54 57 Westlnehoi'se Electric ... l. 163 162 ltt Western Union 100 SS S 8S UNITED STATUS BONDS TrittM State refunding twos, reg Y:,y United states refunding twos, coup 14 United Stages three, re l;i4 Un.tM States threes, coup p.64 I tilted States new fojrs. reg ..132 United 4JJtes nw fours, coup 1"2 I'ntted .M-ite o'd four, reff 107 United States o:d fours, coup JCS RAILROAD BONDS Atchison adjustment- fours Atlir.tic Coast-line fours 52 Baltimore & Ohio fours D14 lultiviore & Ohio thre e-an i-a-halfs 94 Central of Omrela five 1'4 (Ynlral of GoonrU ftr?t inc fß Chesapeake & Ohl four-and-a-hlfs ldi Chie.isco Alton ihree-and-a-halfs TS Chicago. B. & Q. new fours 04 Chicago. M. At St. P. general fcurs 10714 Chloaro &- Northwestern consol sevens ,12"4 Chicago. Fi. I. Ä V. U. K. fours $'4 Chicago. R. 1. & P. R. R. col. flves 7gi j C. C. C. A St. I-ul3 general fours Chicago Terminal fours 79u

Consolidated Tobacco fours 5?4 Colorado & Southern fours '. Denver & Rio Grande fours 74 Erie prior lien fours 97 Erie generaJ fours Fort Worth Denver City firsts l"4'i Hock;ns Valley four-an 1-a-halfs 1'44 IiuiiVllle A. XashVjiK unltled fours Manhattan consol old fours 14 Mexican Central fours Mexican Central first lac 134 Minneapolis & St. Louis fours ! Missouri. Kanrüs & Texas fours J' Missouri. Kansas &- Texas seconds 7 Natlcnal It. K. cf Mexico consol fours 7' Ne-. York Central gen. tnree-and-a-halfs 97 New Jersey Central general fives 12 Northern Pacific fours l-;4 Northern Pacific threes 714 Norrolk & Western consol fours $ Oregon Short-line fours and i'artle 9 Pennsylvania conv. thrce-and-a-r alfs Hea ling general fours St. I.rf-u:s & Iron Mountain consol five? 113 St. Louis : San Fiancisco fg. fours 2 St. I.oihs Southwestern firsts Sealard Air-line four Southern Pacific u-urs Southern Railway lives Tex- Pacific firsts D5 Toledo, St. L. t: W. fours ,; Union Pacific fours ' lf:T Union Pacific cnv. fours jj United Stat'-s Steel Fecond fives "44 Wao;.sh firsts H:' Whrsh deb. B 'vWheeline &- L.ike Erie fouis Wisconsin Central fours Colorado Fuel fc Iron conv. fives '

BR0KEKS' VIEWS 0T THE STOCK MAHKET Meyer & Klser. -NEY YORK. March 22.-A11 interest in the stock market to-day was centered in the spectacular upward movement of Union Pacific. That stock advanced nearly $9 a share, and furnished the sensation of the day's trading. While it strengthened the market materially there was no adequate response in point , of price. The speculative fraternity found the Northern Securities grouji of roads the primary center of attraction to-day. Northern Securities on the curb reached par. the highest prices In a long time. Great Northern. Northern Pacific. Oregon Short Line fours and the Burlington Joint bonds were all strong and animated. Two rumors were ln circulation, one to the effect that there was a contest between the Union Pacific and the Hill-Morgan interests, and the other that a plan for the liquidation of the Northern Securities assets had been adopted which was favoratl to the stockholders. We beiiev? that the plan will be announced either to-morrow or Thursday morning. It is said that the distribution of Northern Securities will be accomplished by paying a dividend on Northern Securities of practically 9& per cent., payable In Northern Pacific and Great Northern ln due proportion. Other assets and cash will be distributed later. Under this plan it Is said Union Pacific will receive about JS.oon.OoO and Great Northern $36.000,000. This eannot be officially verified as yet. Among the active stocks to-day besides Union Pacific were Southern Pacific. Pennsylvania. Missouri Pacific. St. Paul. Baltimore & Ohio and Atchison. The trading to-day was the heaviest ln a long time. Steel preferred was also active during the greater part of the day. Southern Pacific. Pennsylvania and St. Paul were very strong, although there was some disappointment that Southern Pacific did not do better in sympathy with Union Pacific. Missouri Pacific lacked vigor during Ihe greater part of the day. If the advance in Union Pacific can be shown to have been based on legitimate Influences, there is no reason to doubt but that the market will be better. It is a very serious question, however, whether the bidding up of Union Pacific to-day did not represent in part at least manipulation. The manipulation of a stock such as Union Pacific will not redound to the good of the general market. ShlpltuildlnB Affair. TRENTON. N. J.. March 22. Judge Kirkpatrlck, in the United States Court, to-day made an order permitting the Mercantile Trust Company, trustee for the holders of the outstandingbonds of the United States Shipbuilding Company, to file a supplemental bill to the original bill of foreclosure. The original bill named the United States Shipbuilding Company as the defendant In the foreclosure proceedings. To-day's order permits the naming of the Bath iron works and the Hyde Windlass Company, the Eastern Shipbuilding Company, the Harlan & Hollingsworth Company and United Iron works as party in the defendants. The matter goes over to the April rule day. Irish Loan Affect Money. LONDON, March 22. Money was considerably scarcer in the market to-day, supplies being locked up by the Irish loan, which affected discounts. Trading on the Stock Exchange opened quietly irregular. The majority of - the changes were adverse. Consols improved despite the- diversion in support of the Irish loan. They closed a fraction below the best quotations of the day. Home rails wer cheerful. Americans opened weak, rallied somewhat to above par, becara inactive and closed unsettled. . Corn Product Company Meet. NEW YORK, March 22. At the annual stockholders' meeting of the Corn Products Company in Jersey City to-day the following directors were elected to serve for a term of three years: D. J. Graham. Joy Morton. Thomas B. Wagnr and William Weaver Heaton. Messrs. Wagner and Heaton succeed J. Ogden Armour and F. T. Butler, who have retired from tho board of directors. 1 THE MONEY HARKET. llate on Loam and Exchange Clearing; and Discounts. INDIANAPOLIS. Commercial paper, per cent.; time loans, 544? per cent.' Indianapolis Clearings. Tuesday's clearings $S25.7$0.74 Corresponding day last year 943,333.24 Balances . 121.6CS.45 New York Rates. NEW YORK. Money on call steady at lH'SS per cent.; closing bid 14 per cent., offered at 1 per cent- Time loans dull and easy; sixty days' 23 per cent.: ninety days. 3rg34 per cent.; six months, 304 per cent. Prime mercantile paper. 44'55 per cant. Sterling exchange steady, with actual business in bankers' bills at S4.S7.03 54.b7.10- for demand, and at $4.84.304.84.35 for sixty-day bills. Posted rates, $4.85 and $iS3. Commercial bills, $4.84. nates Abroad.. LONDON. Money, 233 per cent.; discounts, SS34 per cent. Consols. 85Viff85 5-16. PARIS. Three per cent, rentes. 95f 874c for the account. Exchange on London, 23f l&o for checks. BERLIN. Exchange on London. 20m 43pfg. Discount rates: Short bills, 3 per cent.; three months' bills, 3 per cent I Markets for Stirer. NEW YORK. Bar silver, Wc; Mexican dollars, 44c. LONDON. Bar silver, 26d an ounce. Treasury Statement. WASHINGTON. Tuesday's statement of the treasury balances in the general fund, exclusive of the $100.000.000 gold reserve in the division of redemption. shows: Available cash balance $224.785,493 Gold 111.081,38 THE COTTON MARKET. NEW YORK. March 22. The cotton market opened at a decline of 3148 points on the old. and of 13S22 points on the new crop positions, under a renewal of heavy liquidation based chiefly on disappointment over the reports of an unsatisfactory settlement of the Sully failure. The opening declines were rather more aevere than warranted by the cables, which, however, were sensationally weak, and on the call May exhibited even greater weakness, selling down from 13.85c. the first price, to 13.6Sc. It was evident, however, that some strong interests were on hand to support the market, and shortly after the call, the first wave of liquidation having subsided somewhat, prices steadied a few points, with July relatively firm, selling up to 13.9Cc, while May hung around 13.74c. Just as the situation seemed to have cooled down somewhat the announcement that certain of Sully's creditors had filed a petition against the firm of D. J. Sully &. Co., in voluntary bankruptcy, there was a renewal of heavy selling that apparently came from both accounts, and which was perhaps all the heavier because receipts looked large at all points. Before this decline was cheeked May had been carried down to 13. and July to 13.74c. net declines of from 57 to G6 points on these positions. Again the market was rallied a few joints by covering and some buying thought t be for the account of spinning and spot Interests, but could not hol.i the advance, and in the late trading the general ruling was weak, with prices going to still lower levels. May sold down to IZ.'ISc and July to M.STc. and while the market was finally steady prices were only a few points up from the lowest. The net decline was a matter of 30 to 73 points. Sales estimated at iVOO0 bales. The Southern it markets, as officially reported to-night, were nominally unehanged to 58 points lower. OIL. OIL CITY. March 22. Credit balinco f i.Tl; ccrtincAtv. r.o bid. Shipments. S0.4.' brls; average, 67,1 bri: runs. vMO'j brls; average. 2.f,S3 brls. Shipment j LlmaJ i4.5"3 brls; average, r.7.247 brls; runs (Lima), 11,453 brls; average, i.Wö brls. SAVANNAH. March 22. Spirit of turpentine (iull at I'tc. ni;a firm; A, H, C, L. I' $2.0: U. -: G. t2C; II. $2.70; I. $2.C: K. H.3u: M. S3. 3.; N. $3.; window- glas. Z.lv; w ater w bite, $1. WILMINGTON. March 22.-Spirits of turpentine, nothing doing. Rosin, nothing doing. Tar Ilrm at $1.0. Crude tur-entine flrnr at tZ.2, and J4. MONTPEL1KR. March 22. Crude petroleum rtion; North L.lrr.a. $1.22; fcuth Lima and Indiana. J I. K. NEW". YORK. March 22 Cotton-seed oil quiet, petroleum steady. Rosin quiet. Turpentine quiet. CHARLESTON, March 22. Turpentine and rosin nouilnaL

CORN PRICES BREAK; WHEAT HOLDS STEADY

CHOP IlAMAKi: IX KKMICKY AVAS UlLLISH 1WCTOU IX Will-: AT. Till Strength Wa OrTct ry the WenLnruft in the Com Mnrkct "nt Prlee Cln Loner. CHICAGO. March 22.-Weakr.ess of coan grains crTWt to-,iay in the wheat pit the effect of crop damage officially riorted from Kentucky. Wheat clored practically at yesterday's final igucs. Corn is off j lc. Oats are down lc. Provisions closed ;K. i.WPr to -c higher. Marked Inclination t buy wheat was man! fei-ted nt the o;r.!r.g. .July ojwned 4T?4o lower to higher, at V-c to vriv,c. May was unchanged to c lower, at 51 c to 9.'C From the start the volume of commission hou buying was larger than for some time past. 8ho-ts alfo were aicte buyer. Possibly the most i;r.;.oriant Influence responsible for the InereasH'.l interest was the issuance of the Kentucky crop report, i-howtng nearly ;o i-er cnt. deterioration in the condition of the growing wheat piant, as compared with the condition a year ago. Presumably on the basts of this report S rumor was started that the next government report would be sensationally bullish. The fact that the Southern markets had small receipts to-day while making big shipments St. Iouis and Kansas City getting only o.oho bushels in the aggregate and shipping 312.fV) bushels also he!jed to create a letter demand in this market. COLD WEATHER BULL FACTOR, Cold weather was predicted, and this. too. ha4 a stimulating influence on purchasers, A decrease of 6OO.00O bushels in the world's available stocks as- shown by Brad street's, was another bull factor. While prices in the wheat pit were advancing coarse grains were experiencing a heavy selling pressure which had resulted in a considerable decline. Iate in the sesidon the weakness In corn and oats brought out a number of realizing sales in wheat and caused a loss of about a cent from the high joint in July. The top figures of the day was reached at S7,c. The cloe waa steady at ;nfsec. May sold between 91 and l2c. closing with a gain ot c, at 92c. flearanees of wheat and flour were equal t 25S.70 bushels. Primary receipts were 478.M0 bushels, compared with 336.S"0 bushels a year ago. Minneapolis. Duluth and Chicago report ej receipts of 2X cars, against 4(3 cars last wees: and 1S2 a year ago. HEAVY LIQUIDATION IN CORN. For the first half hour the corn markets ruled firm, influenced by the steady tone of cables and by unfavorable vreather. There was little demand, however, and when some of the pit scalpers bgan to sell offerings found few purchasers, which resulted in a gradually weakening ot values. The proposition to make No. 3 corn deliverable on conttact at a discount, to be vote.1 to-morrow, was probably the cause of the lack of demand. The sentiment became decidedly weak lft in the session on general liquidation. The close was near the low point. May being off Sc at 5252Sc. July opened a shade to tc higher, at 50 to rofjc. sold between 43.4C and Wse. and closed at 49c Local receipts were 2S2 cars, with 17 of contract grade. OATS FOLLOW CORN. Oats showed more Inclination to follow corn than wheat. There was firmness early, in sympathy with wheat, but when weakness developed in the corn pit there was considerable selling of oats and prices declined rapidly. Larger receipts with more of contract grade were an important factor. The close was at the bottom with May down c. at 39c. July opened c higher, at SV. old between 37s and 39c. and closed at 37c. Local receipts were 133 cars. PROVISIONS CLOSE STEADY. Provisions were strong early In the day, under the influence of small hog receipts and higher prices at the yards. There was a good general trade with an active demand for lard and ribs. On the break in corn there was free selling by pit traders and packers, which resulted ln a loss of most of the early gain. The close was steady with May pork down 5c. at 113.05. Mar lard closed 6c hjgher, at 15.374. while ribs were up 2Hc. at ö.S0. Leading futures ranged as follows: Articles. Open- High- Iw- Closing . Wheat ing. est. est. Mr. 22. Mr. 2L May.... 91 92 91 92 9 July... S7 7 87S P7l July.. 86 87S 86 ggi- Wi2 Sept... 81 F2 81 - 82 8Bi Sept.. 80, 81i SOI, 80 'i 80. 52 63 51 t; 52 w; July.... W 6f 431; 491: 501? Sept.... 43 43-, 4S 48 43't Oats ' May.... 4fl 40 3314 531 41 July.... 38 3S 37 37 jp,v Sept.... 33 33 32 32 23! Mess Pork May... J13.13 JIS.30 13.03 113 05 J13 10 July... 13.40 13.M 13.23 13.27 13 30 LardMay... 7.00 7.05 July... 7.15 7.20 Short Ribs6 93 97H .92 7.121, 7.12V, 7.10 May... 6.83 87Vi 80 80 6 TPi July... 6.97V4 '7.05 6.93 .95 .92li Cash quotations were as follows: Flour was quiet and easy. So. 2 spring wheat. SSS97c; No. 3. S597c; No. 2 red. 91ä5a No. 2 corn. 61c; No. S yellow, 62c No. 2 oat. s'3 ?Sc; No. 2 white. 45c; No. 3 white. 33?42Hc No. 2 rye. 69c. Good feeding barley, 37633c fair to choice malting.. 45S5F.C No. 1 flaxseed, $1.07H; No. 1 Northwestern. 11.11 Prime timothy seed. $180. Mess pork, per brl. 13-5?U.12. Lard, per ino lbs. 6.80$r.s;ifc. Short rib sides (loose). f(5.62fj6.7. Short clear stdts (boxed). f7.3C&7.37. Whisky, basis hlghwtnes. fl.?t. Receipts Flour, 50.400 brls; wheat. 4S.nno bu: corn. 2&4.100 bu. oats, SS4.200 bu; rye, 29.100 bu: barley. 116.100 bu. Shipments Flour. 46.900 brls; wheat. 36.300 bu: corn. 163.300 bu; oats, 223.4S0 bu; rye, 12.700 but barley. 2S.400 bu. NEW YORK MARKETS. NEW YORK. March t2.-Flour Receipts. AZ1 brls; exports. 2.375 brls. Flour quiet and lower on somo grades; Minnesota bakers, 14.234.50; winter straights, $55.10. Rye flour weak. Buck-, wheat flour nominal. Corn meal dulL Rye duiL Barley quiet. Wheat Receipts, 16.675 bu. Foot steadier; No. 2 red. J1.01 elevator and $1.025 L05 f. o. b. afloat; No. 1 northern Duluth. $1.04 f. o. b. afloat; No. 1 northern Manlto?a nominal f. o. b. afloat. Options opened barely steady under room selling, after which they advanced nearly a cent, on improved cash demand, better commission bouse buying, a threatened cold wave in the wheat belt and covering. In the last hour reactions occurred, following corn, with last prices o to Mc net higher. May. 93(V7c. closed at fce; July. SlVyzc closed at 2c; September, SC (fcmvi.c, tloed at 83c. Corn Receipts, bu. Spot easy; No. 2, nominal elevator and 64e afloat: yellow. 66c: ungraded mixed. töVic Options market was dull and entirely nominal in the absence of business, clo&irg &!8C net lower. May closed at 57c; July closed at 64e. Oats Receipts. 84.000 bu. Spot weak; No. 2. 47c; standard white. 47'tc; No. 2 white, 45c; No. S white. 47c. Options nominal. Hops easy; state, common to choice. 1903, 27J 36c: 112. 23ft 27c: oils. 9fjl4c: Pacific coast, 1SC3. 24i21c: .13-2. ZSUXc; olds. 9'tfl4c. Hides steady. Leather steady. Wool steady. Coal nominal. Beef dull. Cut meats quiet: pickled bellies. $71(3. Lard steady; Western steamed. $7.33. Refined steady; continent. $7; South America. $; compound. $S. 75y. 82. Pork weak; family. $15. Itice firm'.-domesljc, fair to extra, 2453c, Mo lasses strong. Coflee Spot Illo steady: No. 7. invoice, 6c Mild dull. Sugar Raw firm; refined firm. The market for coflee futures opened steady at an advance of Z points on March, but generally unchanged to 6 points lower. The advar.ee on the spot month was probatly due to covering and buying by iot interests, while there was considerable, liquidation of -the later position, originating apparently with Cotton Kxchange. house, who. however, found ready buyers, so that the market ruled generally steady st the opening figures, in sympathy with small primary receipt and steady foreign markets. The close wa steady at unchanged prices t an advance cf 1) t points. Sale were reported of 122.250 bags. In- , eluding: March at 5.15175.20c. April at 5c. May at 5.3 'fl 3.33c. July at 5.35c, September at 5.e0ü5.6. October at 5.'.. November at 6 6.03c. December at 6.o: 'y 6. 10c and January at 6.15c, Local Market Quiet. Wheat quiet; No. 2 iM, 93lsc track; No. 2 red. 93lic on milling freight; No. 3 red. 97c track; March. 00c: April. : wagon. 9cc Corn firm: No. 2 white. 4c: No. 3 white. 45c: No. 4 white. 42c; No. 2 white mixed. 4ilc: Nv 3 white mixed. Wtc; No. 4 white mixed. 42c; No. 2 yellow. 45c; No. 3 yellow. 4Z.e; No. 4 yellow. 4Jc: No. 2 mixed. 45o; No. 3 mixed. 43c; No. 4 mlied, 2c; ear. 4. Oats dull- No. 2 white, nominal. 4; No. J white, nominal. 42c: No. 2 mixed, nominal, 41c; No. 3 mixed, nominal. 41c. Hay Heady; No. 1 timothy, $11. 30; No. 2 tlmothv. $10..V. inriM-cttors "om: No. S white. 9 cars; No. 6 white. 1; No. 3 yelow. 2: No. 4 yellow, 1; No. J mixed. 2; No. 4 mixed. 3; ear. 1; total. U cars. WAGON MARK CT. Wheat ?sc. Corn-Vjf,.le. Oats Sheaf. il: shelled oat. WCCc. 1 ja y 'lover. timothy. flljl3; mixed. $13 ffjll; millet, $-j. AMllnltle Supply S(alenient. NEW Y0UK. March, rj.-cila! cab tni rtrariMreet'af i..i..r. nVilc ret-orts received ly ciio.- the following ciii:k- in imnuie .ii.. n. -..n.nt. .1 with the- la!t juvount! I Wheat Cnlted States and Canada. eat of th1 Inkles, decreased 2.2,'SJ tu: afi-vat for and li Lurvi-. lnv-rad 1. ;...; tu; total supply Ce cr.acd .".I'N.i H'l tu. Yirn l'nitel States and Canada, east of th l;o.kts. lnerea.-d l'2.0. 1 Oats L nltC'l I-iaie nni iiac, rast, or In R.K-kies. decreased 22 ..V) bu. . . . ... ..... . . i . i . The leading iccrea?- njnuni inis weeic sr tu In ManltolM an.l In Northwest el valors; 4t.0"'i bu In the Nortnw eMern Inter! elevators, and ijj.ivj iu in me Aiiin auk.ee ft val ticvaiwi.