The Birmingham age-herald., 1908-04-12

SItduys HdtiNt, efsb9OsoO, WCStOihiy PI''o8 6. 80; lambs, s86s7 80; western, S6d7. 80.
 St. Louis, April 11.-Cattle: Receipts, 200; including 25 Texans; market steady; native shipping and export sters, $6.20Q 7.25; dressed beef and butcher steers, $b. Al @6. .50; steers under 1000 pounds, s4. 70qo. .6O; stockers and feeders s3. 25@5. 25; cows and heifers, 8. 75@S; canners. $2@9; bulls, s. .25Q5 .25; calves, s3.25Q6; Texas and Indian sters, s3.25q6.25; cows and heifers, $1 .75Q42 20.
 Hogs: Receipts, 2oOO; market steady to 5c higher; pigs and lights, $4@6. 10; pack CTS, s5. .5oaS 05; butchers and best heavy, $3@6.15.
 Sheep: Receipts, 5000; market steady; native muttons, $3. 25QD5 .50; lambsf $4.5o9 7.25; culls and bucks, 8. 75Q5.
 Kansas City, April 11.-Cattle: Receipts, 500; including 100 southern; steady; choice export and dressed beef steers, s6.3O0 6.s5; fair to good, $5. .25Q6S0; western stefs, $5d6.75; stockers and feeders, $S.75d 30; southern steers, $4.70@6. 40; southern cows, s. .2514. .75; native cows, $3.6Od5.5O; native heifers, $4@6.25. Receipts for the week, 30, 200.
 Hogs: Receipts, 45OO; strong; top, s5s5; bulk of sales, s5. 75@5. 30; heavy, s5.S5QD5. .95; packers and butchers, s. 75q5 .921a; lights, $5. .65@. S5; pigs, s4@450. Receipts for the week, 60,300.
 Sheep: Receipts, 5O0 steady; lambs, $6. .5op7. 40; ewes and yearlings, s5 25q6. 50; western sheep, $5G65O; stockers and feed CTS, s3. .5Oq5. Receipts for the week, 2s 4oO
 Weekly Bank CIearings.
 New York, April 1.-The statement of clearing house banks for the first week shows that the banks hold s4s, ,265.675 more than the requirements of the 25 per cent reserve rule. This is an increase of s2,575375 in the proportionate cash re- serve as compared with last week. The statement follows:
 Loans, $1, ,187, fiji ,S00; increase, s7, 7,033 100.
 Deposits, s1,225, ,530,9OO; increase. sl1,566,' 800.
 Circulation, $59,59s,SO0; decrease, s674, 400 Legal tenders, $62, ,501, 300; increase, $ll,566,- GOO
 Specie, s2S7,144,6OO; increase. s5,2ls, 400.
 Reserve $349, ,845 9O0 increase, So, 467 ,O00
 Reserve required, $306, ,3S0, ,225. increase, $2, ,S91, ,625.
 Surplus $43,265, ,s75; increase, $2,575,375.
 Ex United States deposits, $54 l54, ,25O; increase, $2, ,593, ,375.
 The percentage of actual reserve of the clearing house banks at the close of bus mess yesterday was 2S,63
 The statement of banks and trust com panes of Greater New York not mem bers of the clearing house shows that these institutions have aggregate depos- it's of $80o 770.300; total cash on hand, $57,- 1OS 300 and loans amounting to $Sl2,523 POO
 London Stock Market.
 London, April 11.;-The stock exchange during the past week felt gradually the effect of the government disbursement and the money released in trade channels This being reinvested in good yielding se curities imparted more cheerful tone tG the markets generally, and even the kaf fir section showed signs of improvement The event of the week was the very great success of the country counsel loan which was oversubscribed nearly 40 times This showed that there is plenty of money available for good investment, and deal CTS are consequently more hopeful fol the future. Consols closed one-eightt dearer on the week, but the most pro nounced rise has been in colonial issues and home rails.
 Business in the foreign section slack ened, owing to the listless attitude oi Paris. and quotations on the week show little change.
 The American sections were governed almost entirely by the financial plans fol the Erie railroad. Early in the week fears that notes would not be met caused q pronounced weakness In these shares which extended to the rest of the active list. but MT. Harrimans plan of nndins the necessary funds brought out support and the favorable crop reports helped pro- fessional operations. Quotations finished from to points higher than last Satur- day, and to official sections was dull Copper shares were irregular and closed dearer in spite of the reduction in the price of the metal at New York and offer ings of Rio tintos from Paris.