Show STRONG STRON MARKET LED lD BY ST PAUL Less Activity However Than During the Rise on Wednesday COPPER GOING DOWN AGAIN CONSEQUENTLY RED METAL STOCKS WERE OFF Nc tw w York May 1 Stocks developed a strong SironA tone again agalli today under the in infiltration filtration of oC a demonstration in St Paul Pau hy y a house credited with representing in interests Interests interests influential in the company and andI 1 I aders laders of many extensive speculative movements In the past News developed to account for the rise was lacking St StPaul Paul Pauls s stock Issue in Decem December ber lH of 1908 1906 anticipated the exhaustion of he the capital supplies In the market and andt together t with the similar eager demands f C Great Northern and Northern Pacific was as given large responsibility for tor the glutted condition in which the market markot for fori i securities was thrown But important financing accomplished at that thit period left these companies at less vantage in the difficult circum which developed in the later financial crisis This advantage Is cited to account for forthe forthe forthe the present extraordinary strength of the group the two Hill lItH stocks sharing In the benefit In the rest real of the list the 1 th shown was more moderate and to 10 some orne portions of pf the list did not ex ext t tr nd at tt all aU The dealings did not expand t i ar the stage of ot activity when high hight t rt r t t r ric 8 were ere touched on Tuesday and andU andi quite con console i U t Pennsylvania rose sole in face of the reduction In the ivison rate from 7 to 6 G per cent This was in consonance with the action of oth H stocks on which dividend reductions kw ae ave occurred recently notably Atchison ud tid I New York Central and is indicative of f how bow faa fit fa the reductions have been dis in the speculation Some Sime effect on sentiment was produced 1 the absence ab ence of oC further gold exports en engagements ments for Cor tomorrows steamer In Edition to this cessation of the gold out KO AO the preliminary estimates of oC the cur curTi Ti movement with the interior gave f of the sustained heavy flow to tu tn s center Losses to the which h include payments for gold exported id d some returns of government depos ts in anticipation of next weeks call mounted to but this apparently i 15 is l Iwen on offset off t almost twofold by the receipts repts on OR balance blanco on the Interior move movement movement ment merit Another substantial sub addition to each Is thus th s promised Copper Coppert both in London and in 1 Imer u is l again t fw rw York ork and the copper copp r Industrials did urt rt share in the days strength Reports ft f wintry weather and danger of dam gr gc to the crops were Ignored A stock holiday in London contributed to the dullness of the market marketTe The Te closing tone was very strong and with th ith prices rising rapidly In some 18 n w wee r Irregular Total sales salas par parA A 1 alia T n i tt States bonds were unchanged on tall 1111 |