Show a TROUBLES COME THICK AND FAST Collapse of United Copper Stock Caused Quite a Com Corn Commotion Commotion motion in Wall Street I OUTLOOK NOT WOT YET CLEAR ONLY ONE DISTURBING FACTOR REMOVED R E M OV E D New York 17 The Irregular move movement movement ment nent of ot prices of stocks today offered a confusing medium through which to try to discern I any defined settling toward the market During the early part of the day this feeling was of more active anxiety lety while later with the subsidence of dispute there was still a passive apprehension apprehension hension that Was vas as not yet clear in the tone The collapse In the United Copper in the curb market and the collateral con consequences consequences sequences es from that event were the cen central central central Influences as they were yesterday With Uh the suspension of the board mem member member member ber or ot the firm connected onn ted with the at attempt att attempt tempt t to corner the stock and with the acts yesterday which Involved yesterdays failure of a stock exchange firm which had taken orders in that stock and with the retirement of F Augustus Heinze from tram the Mercantile National bank the limits of the trouble which had been looming In stock market horizon became better defined and was of far less Ies potent effect on sentiment Feeling In the mat ter was rather one of relief reHer as over oer the removal of a factor that promised mis mischievous chievous results and which has been a teasing problem to control on the part of the clearing house authorities for some time past The announced failure of a savings bank In Butte was also associated in the pub lic Hc estimation e with the unsettlement In Inthe Inthe Inthe the hoIe copper world but deaths d of the affair were meager With the ded meeting of the Amalgamated Cop Copper Copper per company set for or today toda the copper situation was given an additional hold on the market and as the dividend action was not looked for until near the close of the markets all alt the th conditions were supplied for the uncertainties on which speculation thrives Not only was the rate to which the dividend was to be cut In doubt the 1 per cent quarterly represent ing the lowest estimates but also alo the ef effect feet on the market for the stock of any given rate declaration Another fall faU In copper both In London end and In New York supplied additional In Incentives for conjecture The coppers were forced to new low levels during the day This was waR true of some other stocks of first rate importance Including a number of t railroad stocks The announcement that stock sheets heets had all nil passed SUl fully full through the stock clear clearIng lug Ing In house delivered the market markel from Its appearance of greatest depression Some of th buying that ensued was apparently due lue to the covering of some heavy short lines lne of 01 storks and buying for the long recount continued under much restraint The rise rhe in the tall rail money mone rate was connected with the disturbance In the topper stocks Idocks and to calling of loans prompted by th unsettled effects of that disturbance Discounts in London were Inclined to advance and the weekly state statement ment of the Bank of England showed measures in force by bv that establishment to strengthen then control of oC the money mar market market ket and make Its It own rate effective There vis IS talk of a probable rise In the time dis discount count rate of ot the UIA Imperial Bank Banle of oC Ger Germany many man and a failure of some Importance In Hamburg amburg was an Incident of the day Foreign exchange was waR not affected here and the rates were unchanged from Irom yes yest es t A sharp break hr in the prices of oC wheat and corn was looked upon as us prom promising promIsing promising ising Increased takings for tor foreign ac account count with probable effect In easing the foreign exchange e rate 3 showed a rallying tendency after the announcement Of the reduction In the Amalgamated Cop Copper Copper Copper per dividend Bonds were vere easy Total sales par var value States 4 45 registered re declined U I and the coupons 11 1 A per cent on call |