The Birmingham age-herald., 1911-03-05

New York; March 4.-The Financier will say:
 Instead of gain of something like S, GOO 900 in cash which the known oper ations of the week indicated, the New York clearing house banks, in their state- ment of March 4, disclosed decrease of s, cos. 500, in specie and legals. The loan item is increasing gradually, the gain last week over the preceding week hay ing been s9,951,OOo. The expansion of loans was responsible for rise of $5,- 344300 in deposits, and the increased re- serve requirements coupled with the loss in cash, brought about a decrease of $431, ,675 in reserve, bringing the surplus above the 25 per cent minimum to $36,- S46675, which, however. is much above the average for this season. The figures above are based on the report of actual conditions of the banks.
 The statement of averages did not dit- fer much in the amount of loan increase. although in this computation the banks made gain of about $75O,000 in cash, while deposits rose s11,0000 GOO. The de- crease of reserve, according to the state ment of averages, was only $1,Ss3.300 and the average surplus stands at $SS,S65000. The summary of the trust companies and other outside institutions for the week revealed an increase nf about s2,25000h in loans, a small decrease in cash and an expansion of $S,161,3OO in net deposits.
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 Coffee Market
 New York March 1.-The coffee mar ket opened barely steady atea decline of 10 to 14 points, in response to lower Eu- ropean cables and talk of an unsettled spot situation based upon the reports that leading importers and roasters are offering coffee to the interior at low prices. presumably in an effort to reduce supplies before the valorization offerings became available The selling here was not aggressive. however, and fluctuations after the opening were more or less ir- regular with the close steady at net decline of to 14 points. Sales were 2O,- COO bags. March. 10,OSc; April. 10 o4c; May, June and July. 10. O.1Oc; August, 9.90c; Sep tember 9.S0c; March, 9.70c; November, g 60c; December and January, 9.51c; Feb ruary, 9.50c.
 Havre was 4 lower: Hamburg, h@s; pfennig lower. Rio and Santos nominal.
 Receipts at the two Brazilian ports. 5000 bags. as compared with 10000 last year. Jundiahy receipts 5l00 bags, as com pared with 710O last year.
 New York warehouse deliveries yes- terday 5S0t bags, as compared with Ill., 083 last year.
 Spot unsettled; Rio No. '. 121kc; San tos. No. f. 12%c; Mild nominal Cordova, 13@@15Ac.
 Live Stock Market | Chicago, March 4.-Cattle: Receipts 400; market steady. Reeves, $525@7, Texas steers, $440@5.S0; western steers, $4.75@5.S5: stockers, $4@5.90,~ cows and heifers, $2.70@6; calves, $7@ 9.25.
 Hogs: Receipts, 10000; market most ly 5c higher. Light. $6.95@7.25; mixed. $6.so@7.20; heavy $6.70@715; rough, 6.706D6.S5; good to choice heavy. s6.S5@715; pigs, $6.90@T25; bulk of sales 96.95@7.15.
 Sheep: Receipts, 1000; market steady. Native, $3@4.S0; western, $3.25@4S0; yearlings, $4.7505.75; native lambs, s5@6.25; western, $5.25@625.
 Kansas City, March 4.--Cattle: Re- ceipts. 200, including 100 southern; port steers, $606.75; western steers, s5.25@6.25; stockers. $4.60@6; southern steers, $5.25@6; southern cows. $3@ 5.25; native cows. ss@6.S5; native heifers' sa75.@s; bulls, s4.4o@b.2S;
 Hogs: Receipts. 2OOO market strong to Dc higher. Bulk of sales $6.90@7; heavy, $6.s0@ packers and butch CTS, $6.S0@7.05; lights, $7Q7.10. Sheep: Receipts none.
 St. Louis, March 4.-Cattle: Receipts. 400, including 140O Texans; market steady Native shipping and export steers, $6.50@7; dressed beef and butchers. $6@650; stockers. $3.76@ 5,75; cows and heifers. s406.50; can ners, $2.S5 @3.25; calves, $4@9.50; Texas and Indian steers, $4.50 o $50; cows and heifers, s8.50@b.
 Hogss Receipts. $500; market Dc to