Show WALL IVALL STREET DEADLY DUlL r Absolute Stagnation at Times Owing Mainly to the Me Memorial I morial Holiday SLUGGISH PRICE MOVEMENT READING STILL THE PRINCIPAL FEATURE New Yok York May yesterdays s spurt of activity at the stok stock market sank to a midsummer nier mer dullness of dealings Absolute st stag stagnation nation rul ruled at times and the sluggish current of prices was brel barely perceptible The interruption of tomorrows holiday aaz partly accountable for the extremely interest In the market market The pay meet ment of the OO of Penns Pennsylvania notes cuse caused no disturbance in the money market as the transaction was largely concluded by the transfer of book largey ac bok counts and the funds remain on deposit with the banks On Thursday how ever eer after the holiday interval HoN will m b be made f for r the monthly ac ont counts an and thee these wJ will be complicated b by the th p payment ment of subscriptions for new Chicago Northwestern stock which wm will cal call for some The rhe most im development or of the day was the transfer by telegraph from San Francis FrancisCo c Co of narl nearly This is the first frt substantial evidence of the fulfillment of th the general generally Indulged hope that currency would be remitted b to New York Imme date from the center when the ton lion of banking had demonstrated the superabundance of the provision made for forca ca calls li from depositors A loan or of a million dollars was reported to have ben been made also at the stock ex exchange exchange change for account of one of the San Francisco trust companies which was re regarded as further convincing evidence of the relaxation of the strain on the mone money situation at that pint point But devel was of less influence on senti meat ment than I it would have been had sent not th the rate rates for time mone money and especially for the longer periods shown an tendency With mone money over the en enof end of the year er Quote quoted at 51 per cent there is a lack of confidence in the per of ese ease In money for borrowings The firmness of time lons Jeans is indicated rather b by lessened offerings than by demand There is practically ire for loans maturing dur lug ing the usual autumn period of oC Interior demand for currency the Inference be In ing that borrowers art arc disinclined to run b rn th the rik risk of oC having to fn find new accommodation dation at that period I It is expected however that after June 1 there wi will be b cheaper rate rates for money especially for forcall cal call aD and short time lon loans Prices were vel very wel well maintained toay toda in iii s anile ie of the light demand This was due Que to sympathy wih with one or two socks stocks which were bid UP at different tm times Reading Reding was sti still the principal feature of the market an and late in the thed th t d day there was as a desultory movement in iii I S1 St Paul Pain which was associated with a L favorable view of crp crop prospects The hev heavy inroads upon Readings Redings net crR eara togs Ings for Apri April RS as a result of the shut own aown of oC the cl coal mine mines did not detract from the strength of that stok stock A gen general eral tendency had developed however when the late movement of St Paul PaulI supple supplied th the sustaining ining influence I by bv Reading in the early eary part of the day The late advances were well i |