11 T i1t1j1l ii e It i I J- I COMPANIES 1804 Jibes Low Clai NI TIltST COMPANIES TRlST Mid the benefit from the economies Intro CJbQl A ir BANKERS AND BROKERS TUB FINANCIAL SITUATION Sultt fit ill tnt C5iaIIgqIILOw Stiff tit ill tng u u uu vi- Steel Corpora 73- 134 f the operations of the R8 InGtN3d Bt M 9M 4 M MM 8H 100 Int Pump pf 72 72 + Sentiment within certain lines is all duo not yet begun to accrue The 188 KCFtS4M ll 80J4 80 MM + M tfW- 7 400 Iowa Central pf 40M 39 39 2 powerful in Wall Street and sentiment reasonable conclusion at present seems 3KQ PcHt B7 87 87 + V4 W 1- 850KanCSouthpf 874 364 304 Ill 7zmariCySoSJ TOH 9 200 pf 67 06M 864- 174 j fL there In now as ns a few weeks that as only one month of the current TOM 70 704 + i KC Ft Scott BARING MAGOUN CO I Ky Cent 4s 17M 7 7 + M 98 97 < lOOKnlcMceCo 9 9 9 3 and almost a few days ago It was colored- quarter hue elapsed It is too early for the 2 21 KIngs Co 4 7 8187 M 874 M- 500 Lake Erie 4 West 304 30 304 + AMERICA may prob- ¬ 107 107 I TOE CO OF optimism change opinions as to the 1 IO6 106 13618 109 TRUST at least with It formation of definite IO6 1O64 + Louis 4 Nashville 1i I Capta- I 1 15 Wall Street New York again as readily hut its present mood able results of the Corporations business In 2lLacksteerMD3W88 i tafi 93 US 8950 Manhattan 1454 1434 1434 is unmistakable It was pretty clear a the entire term even if the business of tho 1 LErleftWlatlUM 1M 1174 + 2 M 1 K 115 M- 570 Mel Street Ry 123 131 122 2 149 BroadWay New YorK liiiplus < I MM 700 90 89M 884 week ago that enthusiasm over the market first third of the period has been disap- ¬ ILKrle AW 2 11I2 113 112 + 1M112 MetSecurlll If i 1 LS4MSSM11WM100M tOO + 100ft 100 100 Met W S El I7M 17M 17M- + I chilled The upon the pointing 131 74 NORTHWEST1 CORNER LIBERTY STREET Foreign Exchange- had become advent 10 Le 4 W 4M 103 IOIM 101 + M 101 100 5S70 Mexican Central i 12M I2M I gamblers easy use money which 10 129 121 125 r scene of the wild horde of stock The rates for the of L Ml ten t 10Q 1004 IOOM + M IOOM 1COM Mlchlran Central I2S Sfaansfer- Letters of Credit whoso monstrous excesses a year and- have been the backbone of the strength I L N 100 100 M 10 M 10- 100 Minn 4 St I pf 03 03 93 m Capital Surplus and Undivided Profits 57485038 a half ago are still fresh in mind of the stock market for four months stilt 0t L 4 N 41 WM MM M WM O- 4070 MSIP4SS M 00 04 MI- 2 pepft recel- F Securities S403L4N Mon 9 COO MSIP4S SMpfl204 124M 12SM 74 I Investment genuine public continue But position Is not put to flight whatever the credit ItO Mo 18H 17M 234 Allows interest on Daily Balances subject to check and on I colts W Mi M + l 82 Ton IM i interest In the market had been excited what it was Time money is quotably 20 pr 42M SOU 39 3Mann4s IMtf 103J4 103K KWJi 1M Mo Kan Tox 21 Certificates of Deposit It j Bought and Sold although whether or not the market had higher and we are nearing a time when I BetEl 1st IDS 108 lOS + 108 lon 70344 Missouri Pacific B5M 83M MM J Consols English 10 Met Os 82 82 M 89 M 100 Morris EMCX 185 184 18- + 834 not been already advanced as far as it local lank reserves reach their maximum S n rt 81 83M 4 Committee Executor Guardian J 117 117 + 2 Acts as Trustee Receiver would go is a doubtful question Tho cam- ¬ and begin to decrease The experience of 25 MexC4M 837 85M MH IfM l 1150NahChat4StL117 La 31 Mex C 70 09 ID IM 7IM 1150 Nat Biscuit 40 S8M 40 + 31 Fiscal Agent Agents and Attorneys been- conn j 074 Administrator Assignee Registrar Transfer and fr paign of these Western speculators has last year when the surplus reserves of the 10 I4 490 103 102M 1024- 34 I v BARING BROThERS A CO Ltd London MCI C la tine IS W lJj lM M I6 Nat Biscuit pf James KIDDER 1BADOOY CO Iloston a failure and the general Impression at Clearing House banks after mounting to IS Mez C 3d Ino 9 OU O 9 M 7M- IM Nat Lead IOJ4 15M Wi 14 tho close of the week was that they had 27880775 on Jan 31 fell to little more 2SMIIOMlat4a88M HI vSBMHIM SSJ87M lot Nat Lead pf 80M 80 0iS- 54 OFFICERS M L OONai E S 83 83 83 6 on a good many more stocks than titan half a million dollars by the middle- 5 S W UI128M t28 I28 W 128 128 pf + P WILLIAM BARROUR Vlc Fr < f hand S I ASBRd FITCH President i 3jtor 1 M St L M M H M 700 NatRRof Mex pf M M 38M WILLIAM II lKUPP VlcePres H S IIANK1NU VlcrPrtiA- n they found pleasant or desirable Ort of March will not It Is to be be USi 1IM Iob aker- Irfj- i 88 97 Ii07 MM 97 500 NatRRof Mel pf 20M Mi 20M 34 RAYMOND J CHATRY Sec1 LI1BRT L HAMSTER lees alerts is is now repeated Yet hop MintsL4 101 thing that certain that they are loon the 15 MoKnn4T4s 08 87M B7Ji X B8H BOM 310 New Jersey Cen IOIM lOt wgid7 Dirw- now 1420 118M left to ruminate upon tho advantages of should serve as a useful lesson 40 MoKanT 21 1 COM BOM 81 7 New York II9M I iyededd cmwJ- I character as a tock market asset They and the warning is not lessened by reflec- ¬ 27 MK4TofTilOOM tOO U I00 W 730 NY Cot 4 St L 32 30 3- DIRECTORS Duke M1 03M 0- a60 J cir- ¬ expanded 31 W M 08M 09WNYChlAStL2pfOO It T2afI Dick Robinson have learned that except under rare tion concerning the enormously MK4Texta801 > 31 lush 9 MoPocconltOJ < 118K HIM + H HWi I18 M 53MKY NH4H1BO 195 i 198M Aihbel P Fitch James U Donald James Campbell George Blumrothal and only temporarily loan account banking Institutions 60- > H H Frank Jay Gould cumstances then of our 20 MoPacBflIB17107 108M 107 104T silos Norfolk 4 Western 02 89 William Uarbour JOM Redmond J07 fl H S Manning Crocker liegeman William A Clark 31- BANKERS people in stock which reached much highest OSSO Co 80 BOM 87 JnoR I will not follow as leaders the has the 3 Mor 4 Es M 12BM 12 M I28M 129M North American I A George C John W P qi lstl2 Samuel Maiwell- Edward C Schaefer 0vibtIAs market those who are and never have been total on record This expansion has 2 NCStL l t120M I20M 120M + M I20M 120 84470 Ontario 4 Western 2IM 22 23 Ii Myroe T Herrlck S C T Dodd C I Hudson Edwin Gould I ¬ ben 133 07 07M- + 14 Philip Lehman William II Transact i general bank- anything but plungers buying stocks right aided no doubt by the transfer of IS K Y C deb taNBK 102 10I + X 103H 1 M Pacific 2d pt 07M Emerson UcUlllln Joel F Freeman I ¬ Cut 27 214 L- as 88 N Y Cen 08 B7M M40 Pacific 30M 27M Ih ing business act Fis and left as they would bet miscellaneously from trust companies to banks on account 3M 88U 88 B8H i ca Agents for municipali- ¬ 8 C s rag 08 98 98 5 2781 Pennsylvania R R123M 120 120U 19 S on runners in race field and making no of the prevailing low level of interest rates > D MOM 102M 09T + ties ities a S4 NYCLS 3M1 N NU 8 f Peoples Can I00l Poti ar pretence of taking any permanent inter- ¬ But the fundamental reason for the en- ¬ 3 NYCMCSMs M 80 80 I 60 100 PeorIa 4 Eastern 22 23 22 4 Dealers in Government + 0 ¬ I C C L 04M 04H MM- I 1 municipal railroad and est In the securities whose price they are largement of these loans has been borrow NYC SO 4al03H 103H 10JX N 104 103 Ito Pits 4 St keep = ing by corporations When time comes 17 N Y Gu El L 7SI3 Steel Car 33 29 31 to other securities endeavoring to raise Toa certain extent the 71M I H 4s P Is 10814 108M10 M H 108N 107 1234 Pre dSt eICar pf 72M 71 as come must before April 1 when the of course tho description given is that of it 22 N Y 230 Pullman P Car Co218 2I7M 217M- wit I lax El L count usual spring of cash 1MO 227 < 227i 4 SO Broad St Real Est Tr BIcSg all whose concern in the stock market is diminution bank here H A P 4e 83K SK M M MM 83 Railway Steel Spg 23M silo 54 purely speculative but ho who assumes forces a contraction in bank loans It will 1 N Y L 4 V 310 Hy Steel Sprlnjpf 70M 70M 70M euppIflEpUITABLEr I NEW YORK PHILADELPHIA unless history be const 5 114 < 114M 114M + 1H 1I4M II4 7115 Republic Steel 84 74 74 Hi 1j11 to be a market leader must be a man reverses itself the stock 4 Special- 6 N Y L W M tOOK 100 < iCO + H 100H 100W 8170 Republic Steel pf 49 44M 44j t I who knows and carofl something about market and not the corporation loan 5 NVOW4S102M 102 10JM + M 1 W 102i 108770 Reading 48 454 454 > values some elementary convictions will yield to the pressure 80 of dep has 183 Nor 4 W 4s 88 87 874 > U 88 8 Vi 603 Reading 1st pf 81 80 t which 24 D0 1700 82 61 12 regarding the growth of tho railroad deserves and demands study is tho NW Poca4a80M SOH < t M 88 Reading 2d pf COMPANY and mat r 1 31 114 TRUST system or property which is the effect upon the money market that will N Carolina 4S10JH 1WM 03H 103W 103i- 114145 Rock Island 26 244 other 2 immediate object of his attention and be caused by the Panama Canal payment 1SJ North Pac 45lOSJj 10 < I03U M 103W lOHi- 17651 Rock Island pf 674 834 644 Special TOWER SHERWOOD M XorthPacS 73 72 73 125 R W 131 131 I31 + s enters stock something- which as now seems likely will bo male 73 + H 70 the market for 13 OrRy4Nv4i 100 100 100 + Vi 100U B H 11000 Rubber Goods 22 204 21 in thirty days been fre- ¬ 587 70 14 YORK clients about It has 2 i- more than a turn Otherwise in nine OrShortLa3124 121 134 4j 124 12 Rubber Goods pf 794 784 OF NEW cases out of ten ho is one who in recom- ¬ quently stated that preparation had been i OrStlortLtellS 112 111 i 113 111 1761 ld 39 37 384 Brokers 54 15 NASSAU STREET EQUITABLE BUILDING investmen- Bankers and made to accomplish all without dis- ¬ 333 OrShort L is 86H 84j 8iS + M MH IN 200 SlOMShcfflcldpf 794 784 794 + mending people to buy stocks la trying this I money 6 Pac Coast lstlMH 10AM I0 l i < 105 4100 StL4SFran5d pf 494 474 48 p I to get them to buy stocks from him