Show St 81 PAUL IS NOW NOV SOARING ALOFT New Record Made r ade by the Stock During Yesterdays Ses Session Session Session sion of the Exchange New York Aug 27 New high records re were registered by St Paul and Atchison in the course of stock market which was for fr the most part Irregular and dull dun reflecting further profit tak ing in the Harriman issues and anti other stocks whose recent lecent advances have been most meteoric high water mark was wa attributed to the returns for that system s stem for July which show a net not increase of The lists tendency towards heaviness reflected disappoint ment shown at the of our bank ers to secure even een a share of the South African gold landed laded in London As a matter of ot fact all ail the tile days dayS known de suggested an absence of any thing like urgent demand for the metal from front this quarter There was little change in the tho foreign exchange wa situa tion ton although the tho rate weakened siua some more later in the day and the only in feature regarding this phase was wa the announcement of an engagement of 7 O Australian gold which will wi not be received hoVe here hele for some weeks The Th Ti days trading was vas below that of recent days and was again largely urn lim I ie to the tho same stocks that made up the great geat bulk of last lat weeks remarkable movement and Southern Pacific Atchison St Paul aul Reading United States Steel and arid Amalgamated Copper To this very small smal list might be added Sugar which was wa a pronounced feature of the early trading by bJ reason of Is sharp ad vance on relatively larger transactions after a protracted period of oC inactivity Sugars dividend time Is approaching and it I is not unlikely that movement was an attempt to discount that event Money lone conditions manifested no nOI mate material material rial change call caU loans opening at 5 per percent percent cent an increasing demand for and anda a reduced re supply of time tons Nevertheless conservative banking interests professed to feel more at ease regarding the outlook o took basing their hopes hopeson on the belief belef that the banks banks of the west and southwest are preparing to do much of oC their own crop financing also that the government will wl continue If i occasion requires require to replenish the money supply at interior points point Western advices show that the outlook as regards the tho railroads continues very Yel bright earnings as Instanced in Atchi Atchison son running well wel ahead of or last year er grain showing an increase of 20 per cent with mercantile prospects prospect especially prom ising AH AU the eastern roads are being taxed beyond their capacity traffic being far in excess of moving fa facilities a duties cUte Persistent selling of the active list be began began began gan to show in the general decline in the afternoon The lea fea features tures of of greatest weakness Were were St St Paul Smelting Chicago Northwestern Union Pacific Northern Pacific and Unit United United United ed States Steel while a number of ot specialties specialties registered marked recessions The movement was wa accelerated by selling from London which reported sharp declines in Russian securities The he closing was weak at about the lowest prices of the tile day da Further weakness was shown show in foreign exchanges which declined to just before the markets close the lowest point of the present Note Not Noteworthy Noteworthy worthy worth railway returns of the day dy be besides besides besides sides those of Atchison Louisville Nashville and Southern Railway show showing showIng showing ing gross gros increases for July of and 60 respectively v 0 A drop of 2 in Cuban bonds reflected the troubled condition of affairs in that country countr Bonds were easy a Total Total sales par par value on ott United call States Stales bonds b ds were W re all aU unchanged |