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Show NO IMMEDIATE RISI EXPECTED IN EAST Jamea A. Pollock & Co., bankers and brokcre, furnish tho following, received over thmr private wire yesterday afternoon: after-noon: Paine. "W-ehber & Co.. Boston On the offlclnl announcement of Union Pacific-Southern Pacific-Southern Pacific dissolution plan. tlK murkot galncl considerable strength today to-day and closed dull but firm. Copper Producora statement showing another increase of nearly 18,000.000 pounda In January waa without effect on the copper cop-per ahuro market, showing tho thoroughly thorough-ly liquidated condition of thetie stocka Thurc Is no prospect of ujiy Immedlnlo rise, but we think thoro is gnod accumulation accumu-lation going on at this level, and when tho upturn cornea it will no' doubt bo ranld. Logan & Bryan. New York liJvlrcmo dullness was again the predominating feature, but, on tho whole, tho Hut pro-sontod pro-sontod a rather firm appearance. The Copper Producers' statement produced' little effcot and tho foreign news waa practically Ignored. Traders appear to be somewhat confused and not as yet capable ca-pable of fully realizing tho significance of tho Union Paclflo din-oiution plan, Tho fooling Is general that Southern Pacific Is likely to big and drag romo-what romo-what lower until after Union Paclflo holdings of same havo boon fullv distributed. dis-tributed. As far as Union Paclflo Is concerned, the opinion Is entertained in good quartern that that road, from an earning standpoint, will not suffer Trom the dissolution: In fact, many Inrllrio to the boliof that Pitch honefitB ac thor& may be "n'lll vrork In favor of th-3 parent' company. Willie tlio inarkfit of lalo has rlotic llttlo rnoirt tlnin mark time, it Ih quite apparent tliat relatively little Ionp: stock i presalng- for sale, and its tlio Inquiry in the loan oiowd augjrcHls Hie exist-enuc exist-enuc of a .substantial short interest, wo a.ro Inclined lo bollove that the next movement, of consequences will bu on tho upside. Prlv:ilc advices fixjm T2urope dc-uoto dc-uoto that, ahouhl Adti.'tnoplo full, tho largo powurn and 1'limnclal lntorosts on tho other side will rrikko determined efforts ef-forts to foroe a prompt solllemcnt of existing ex-isting dfl floulticrt between tho Balkan states and Turkey. |