Show HEAVY MARKET 1 IN INWALL WALL STREEl Coal Shares ad pd I Amalgamated Do Dc Off MONEY RATE IS HARDENING CLOSING FIR Mr ON F FAVORABLE PEACE N i h New York g heaviness ad and irre irregularity of toda s stock mar market market ket may be ascribed to several stances any o of them hem more or less plausible if not entirely logical Our market and those abroad derived hut but scant ant contort conort froth the thc situation at Portsmouth at London and at Paris shading some whIle further pretext to sel sell here was il ill the lat of the head of the anU anthracite miners Ulion union and the widely Utterances of the Now Zealand oper operator operator ator who today resume resumed his attacks upon pon the copper stocks I It Is note noteworthy worthy that the share and Amal Copper w ware e lower To o the conditions should be added a decided tendency to the hard hardening ening of money rates rates and a further decline by the west upon UDon the local financial resources The reaction toda today had apparent apparent the taci tacit If not open sympathy of strong interests a as shown In the ab sene of support af the most critical stages of th the early session In spite of settlements i it Is now the of observant bankers that the years crop requirement requirements from this cop cep ter m be quie quite large if not larger than lust last year While there Is as et no grounds ground for the belef belief tat that the banks ar are likely to advance money rates ab abruptly it Is believed that mone money for speculative purposes wi will be offered leS less freely Initial prices throughout the active list were lower including In ad diton to Reading and the other Union Pacific Missouri Pacific St Paul laul Atchison and Cn Can adieu adian Pacific On the other hand gins gains were made by Metropolitan Street Railway Metropolitan Securities Sug ar and Coast the latter making a new high record The list rallied feebly in the first te hour hout such support as the maket market re receIved reCeived coming from the western com commission commission mission houses Operators tested the market by switching from one group to another but finding Itte little demand for their offerings turned setters settlers agaIn the list going lower at this juncture agai were Reading w ich fel fell three points Sl st Paul Paul four Gret Great North Northern n pr three and New York Central 2 12 the balance of the list trailing along at recessions of 1 I to 2 poInts One of the few conspicuous wa was Republic Iron preferred which advanced on news the re resumption ot of dividends and was taken b by commission houseS housed hitherto prom in that Issue The absence or of any ay pressure pressure steadied the market In the early erly afternoon but the trading soon became more narro dull dull A BuyIng of Union Pacific which sent Jt it above Saturdays closing I Isome some attention among trader who fol lowed the movement with purchases oh of floading and other active Issues I many of the e early delnes declines had beer been recovered The cosing closing was firm at I Influencing fator factor being the news that thai Japan had agreed to waive her claim clam to Jo Indemnity and a ret return r of I money to last weeks rates London moderate sales here were we largely r caused by home demands to meet to tomorrows morrows fortnightly settlements Among the days railway returns was wa that of Chicago and Northwestern whose pr preliminary statement for tor tIn the I fiscal year showe showed that a slight In Increase increase crease of net Income over the previous S year ear Report Reports of gros grosa returns for JuIl uly by a number ot of minor were ere about equally divided Js ps to andl gIns wee were Total Tota sales par value alue States bonds wee were al all un on cU call |