Show MARKET NEWS 1 FAVORABLE 4 Fair F Degree of Activity During Forenoon Session C PRICES TURNED DOWNWARD 4 PROFESSIONALS ATTEMPTED TO REALIZE 4 New York May 5 iThe The days develop developments I ments meats on OR the ile of or l were rather favorable than otherwise ot but bat this did not enable the pr professional Lead trad traders ers era in tock stocks who were he buyers of yes yesterday I to partly realize their profits proOfs with without without I out turning prices downwards once more jh h re was if fair degree of oC activity in the market up to noon In that time some shares of stock were dealt in Dur DurIng log Ing the latter part of at the day the treeing trading tell leil Into Part Pat of tf the activity was undoubtedly i due to to facilitate the taking of profits Delaware Hudson continued yesterdays advance to the extent of f 1 4 and md St Paul Paui Northwestern Canadian and Louisville were re lifted at one onetime onetime time to 1 11 over last la t night There Th re was a continued large trading in National Railroad of Mexico J xico and in Read Reading Reading ing the last named rising at one time over ever e last night Pennsylvania n was lifted as much 1 This stock s sold da of 3 S ner ter r cent and there was an element ele 1 nt amongst traders who bought it and anti At son yesterday on the supposition that the taking of the semiannual dividends lYom the rice would make them look cheap thea and attract ct buying But B t the buying thus I attracted attract u was not to onset outset the tee selling sellin g to realize alize r by yesterdays buyers A recovery In the price of copper gave guve g e I firmness to Amalgamated Some o G the obscure industrial l stocks were pushed up op sharply in an effort to sustain the market after the realizing sales began to nave some r effect e ct put but iz this s maneuver eu proved ro ed un unavailing unavailing availing ava and there the re was practically Ily nothing flotilla no thIng lEt left l ft of the days rise at the close which was heavy and showed small fractional nal n Irit t losses generally I The recent rise In sterling exchange came C to a halt today although the ate late I market was firm and discounts in Len Lon London Lendon Lendon don were also easier At the same game time Ume there was a sharp advance in sterling ex fX exchange i change ch at Paris which tins yas sufficient to wipe out the profit on the tri trl triangular angular gold export operation It is ia not note expected e therefore ther fore that gold will go 10 out outto outto outto to Europe this week although a small shipment at Paris is believed to be due to remittances to participants In the Trans Traits Transvaal TransI vaal a loan loanA I nl A number of favorable reports of rail raU railroad railroad road gross earnings for or the month and I the fourth week of ot April were without ef feet on the maket makel New York Missouri Pacific Louisville Nashville Southern Railway Chicago Great Western Vestern Norfolk Western Vestern and Chesapeake Ohio all alt made handsome increases in gross earn ings The bond market was quite broad bread but dealings were unevenly distributed and aDd price movements Irregular Total sales par value U S bonds were all unchanged on the last call |