Show p EAVY SELLERS ON SHORT SIDE Professionals Take Advantage of Conditions to Cover Cov r Ex Extensive Extensive Extensive Short Interests SECURITIES UNINTERESTING WALL STREET DECIDEDLY DULL AT PRESENT New ew York Tork Sept 30 The movement In price In the stock market today was regarded as 13 due rather to the adjustment of speculative contracts among professional professional operators than to any new view lew of the conditions The professionals were heavy sellers on the short side sido last week and they the took advantage of the tho outside selling Belling strength over the week end to cover coer short interests today todar The selling Belting induced by last weeks sharp de decline decline cline was most pronounced today on Lon London don dons a account From the lower level of prices at the start there was a brisk re recovery recovery covery from show of or vigorous strength for tor a time but with a reduction of the short interest and the satisfaction of or de demand demand demand mand from that source the tho market markot sank back into a mood of or uncertainty and of or irregular fluctuations The money mar ITar market market ket reflected the preparations for tor the October as is usually the case ease on the last day of the month but the strain was so far short of stringency that the effect was rather to Increase tho the disposition of the shorts to cover Call money did not get above 6 per perc c ent nt The later dullness of the stock market was duo tue In part to the postpone postponement postponement postponement ment beyond the expected hour of the delivery of ot the tile presidential speech at Canton making Its publication until after atter the days cession of or the tho stock market was over improbable There was some re revision revision revision vision of ot last weeks estimates of at what the substance of this address would be but this was accompanied by suggestions suggestions that tho the presidential utterances from which disturbance of financial sen sentiment sentiment sentiment dreaded might be looked for tor in later addresses Underlying the present situation is the general conviction that thata a period of at abstention from speculative activity is essential to the safe working of or the needs to be met The torpid de demand demand demand mand for securities which is one con consequence consequence sequence of or this abstention opens the way for tor bear attack Hopeful views are reported among the ranks of or bankers and andIn andIn andin In other ranks of capital nevertheless The October dividend and interest pay payments payments payments ments to the estimate of the Journal of or Commerce will wit amount to which Is the largest ever made for tor this period of or the year ear notwithstanding ing reductions in dividends in some com corn companies companies notably the coppers and readjust readjustment readjustment readjustment ment of dividend proceeds by some of the large railroad companies which would also affect the comparison To meet m et these large disbursements there are large ac accumulations of cash which Involve tem tern temporary orar withdrawals from the active uses of the money market but hut redeposit of at these fund will bring them back to the money market The availability of or this large sum has had little reflection In the immediate diate reinvestment demand for se set sec c t unties in n the New York securities mar market market ket keto but it means replenishment of the tho th capital fund nevertheless This fund finds greater grater attraction yet in the money market and In Ia more direct forms of lend lending lendIng ing lag Assertions from railroad officials I of the sustained volume of their traffic 7 and especially of the great grain move movement movement movement ment were features of the weekly Inter Interviews Interviews interviews views from that source Copper weakened In n London but no change chang was announced here The punishment administered to the op operators operators operators in Canadian Pacific was illustrated ed N ec in a rise in that stock and the disposition of bears to cover coer else elsewhere e elsewhere e where was emphasized Bonds were irregular Irr gular Total sales sates par value United States bonds were unchanged on call caU Stock Quotations Adams Exp Ama Amal Copper 59 Amer C F 1200 1 Soi 3 36 I 36 Preferred 92 2 Y t 1 Amer Cot Oil 36 iG G P 6 31 Preferred 85 Amer Exp Jo Amer mer H L 15 15 13 IS 15 5 American Ice 3 10 Amer Lin Oil 18 IS 8 Preferred 19 Amer Loco 51 50 z 51 iiI Preferred Amer S R 40 S 84 S1 87 Iii 8 Preferred SOO 56 M 9 i 9 U Amer Sugar Ref R f COO 1101 J JAmer Amer Tobacco 77 TT 77 77 71 Anaconda Min Mm Co o 3 00 6 33 Atchison 2500 35 85 86 Preferred d SS 58 8 88 Atlantic C Line JAne 81 SO ro 80 Baltimore 0 88 89 J Preferred 83 83 83 53 Brooklyn R H T 41 42 43 i a Canadian Pac in lii Cent of N J 3 liZ Ches Ohio 32 32 35 Chi Gt Ct West 94 9 8 S Chi C M I St P ll IWA Chi Term T 4 Preferred 15 C C C St L 61 61 81 59 69 Cob Colo F Iron 19 11 i 17 IS 18 Colo Cob South SOt 22 4 22 21 1st lt preferred 52 52 2 53 preferred 00 m 42 42 Con Gas SOO OI 93 95 9 97 4 Corn Com Products 3 13 3 13 Preferred 63 6 Del Hudson 15 5 a D L W D R H G 2 23 23 Preferred 65 60 Distillers Sec See IJO 00 53 11 Erie 1200 20 19 19 1st preferred 43 45 4 4 45 24 2 1 preferred Gen Electric El 2 I Illinois Cent 1354 ISH I Paper 13 I Preferred 69 Intal Pump 1000 20 20 o 20 Preferred S CS Iowa Ioa Central loV 15 1514 15 15 Preferred MO roo OO 37 33 35 37 K C Southern 25 35 I 21 2 21 t tI Preferred m 53 53 63 I Louis Nash 2200 lO 4 t Mexican Cent 2 16 16 i 16 Minn St L 4 40 39 39 M 1 S P S S S1 11 M 92 Preferred Missouri Pac Faa Pa 67 67 67 61 M 11 K T 34 33 33 Preferred National Lead 4 4 47 47 41 Nat R H R H of Mex L 41 N Y Central 1024 10 4 llY llYN N Y O 0 W 32 32 32 Norfolk West 73 m 73 J 70 7 Preferred 78 North American II 57 57 57 Pacific Mall 23 22 Ih 22 Pennsylvania Penns lyana 8 Peoples Gas Sit 85 85 S 83 fiS P C C St L 66 60 Pressed Steel Car 25 23 5 Preferred sh Pull Pal Pat Car Reading 93 90 90 9 92 1st preferred 75 d preferred 73 7 75 i 75 73 Republic Steel 20 O 10 19 1 W 20 Preferred 73 Rock Island Co 1400 1 0 18 1 18 IS Preferred 43 St L I San Fran SOO 35 3 j 35 33 35 33 St L South 16 Preferred 41 Southern Pacific 84 Preferred SOO 11 4 1002 Southern Ry R 1200 15 15 loft 15 4 Preferred 52 52 51 ol Tenn Coal I v Texas 8 Pac 2 25 23 2 7 26 21 T S L IA W 24 4 24 24 21 Preferred 45 45 41 U 4 Union Pacific 12 1 Preferred Sl 81 81 81 Sly U S Express 85 s sU U s Realty 43 43 47 41 U T S Rubber 00 27 27 27 Preferred Pre 91 90 91 U S Steel 24 25 26 27 Preferred 89 8 S 4 SS 88 Vir Car Chem Chern 18 1 2 Preferred 92 Wabash 40 10 11 Preferred 19 19 19 Wells Yells Fargo Exp s West Elee Elec Western estern Union 72 Wheel L Erie 9 Wis Vis Central 14 M Preferred m 39 38 38 North Pac Cent Leather 1300 1500 17 16 16 Preferred 00 SO SO 80 SO 80 Sloss 10 45 43 45 45 43 Gt Nor pfd i 1 Int mt Met et SOO 9 S 8 8 S Preferred 1203 1200 21 I 24 2 2 21 I Total sales for the day shares |