The Birmingham age-herald., 1912-03-24

ports at this time are neither necessary nor desirable. as the supply of domestic money is sufficiently ample to take care of domestic business.
 The banks made only unimportant changes in their leading items for the week, the statement of actual conditions showing a loss of something over $l,Ooo, GOO in loans and of about s1,225,OoO In deposits The decrease of s5,245.OcO in cash was reflected directly in decrease of $4,75O,S00 in excess reserve, The sur plus above the 25 per cent requirement now standing at s22, 235,5o0. Figured on the basis of daily averages, excess re- serves stand at sl3,34l,90O. The April settlement period, due in a little more than a week. wall probably cause some unusual changes in the bank statement over the next fortnight.
 Coffee Market
 New York, March 23.-The market for coffee futures opened steady at an ad- vance of 10 to 12 points on active cover ing and fresh buying for long account, which seemed to be inspired by the strength of the French cables and the continued frmness in Brazil. There was rather heavy realizing at the advance, but the demand from shorts was urgent and the market also seemed to be attract ing some fresh buying from Wall street and cotton exchange sources. At any rate trading was unusually active for Saturday and the market worked sharp ly higher during the day with the close steady at a net advance of from IS to 23 points.
 Sales, 107, 250 bags; March, 13.57c; April, 13 e5c: May, 13.74c; June, 13.s0c; July, 13 Soc; August, 1393c; September, 1401c; October, 99c: November, 13.9Sc; December, 139Ic, January, 13.92c; February, 13.Ssc. Havre was %G1A franc higher; Hamburg was unchanged to A pig. higher. Rio, 2o reis higher at s SIX 575; Santos AS 50 rels higher at 8 SIX e00; Is 100 refs higher at I SIX sO0 Receipts at the two Brazilian ports, 240o0, against 5000 last year. Jun diahy receipts, ..o0, against 3500 last year. Fine weather was reported in two dis tricts of Sac Paulo, with showers else where New York warehouse deliveries yesterday were 1000, against 5eS last year.
 Spot coffee steady; Rio. No. [ 15ise, Santos. No. 1, 153sc. Mild coffee firm Cordova, 16q1Sc' nominal.
 Live Stock Market
 Chicago, March 23-Cattle: Receipts 300. Market steady. Reeves $5.25@ s.65, Texas steers $4.50@ 5.95, western steers s5.10M6.s5, stockers $425@ $50, cows and heifers $2.50@6.70, calves s5.50 q g..
 Hogs: Receipts 16,0o0. Market steady to SC lower Light s7.2o e 7.6o, mixed s725@76O, heavy s7.25 7.eo, rough sT.20@ 7.35, pigs s5.10Q7, bulk of sales s5.40@7.55.
 Sheep: Receipts 1900. Market dull, na- tive s4d6, western s4s0@625, yearl- ings s5.5O a 6.s0, lambs. native $5.S0@ 7.s5, western s6.25@s.
 Kansas City, March 23.-Cattle: Re- ceipts 300, including 100 southerns. Market steady. Dressed beef and export steers s7.ms.40. fair to good s6@7. southern steers s5G7.25, southern cows s3.604 $50.
 Hogs: Receipts 4o00. Market sc lower. Bulk of sales s7.25Q750, heavy $7.50a 7571s, packers and butchers s730Q 7.o5, lights s7G 7.35, pigs $5.25 e 6.25.
 Sheep Receipts 300. Market steady. Lambs ssG7.75, yearlings s5.50@ $50. wethers s4.5o@6, ewes s4q5.75. stock CTS $3m4.50.
 St. Louis, March 2S.-~attle: Receipts 100, no Texans. Market steady; native shipping and export steers S7.50q $50, dressed and butcher steers s5.50MS, stockers s4.25 q 6.25. Texas and Indian steers s5d7. cows and heifers $5.os d6.25.
 Hogs: Receipts 360o. Market 5a 10c lower. pigs and lights $5.25@7.7O. mixed and butchers $74047.71;e, good heavy s765q Z7711.