Show MERElY AN AFFAIR OF PROFESSIONALS Operators in Wall Street Changed Their Views From Hour to Hour OUTLOOK VERY HOPEFUL SOAKING RAINS RS IN I CORN BELT WELCOME WELCOM NEWS New York Aug 2 The stock market today tody was largely an affair of ot professional prote professional traders and their views of ot the tha th speculative outlook seemed to change from hour to hour Judging by the con continual fluctuations of ot prices The move movement ment of ot some Ime prominent stocks ve warning that the bear party had been bean br at work In the last laet few tew days There Is te no one subject at present to which so 0 much mut tL Importance is attached as the years agricultural harvests and the market showed showe a real rel response to the themore themore more hopeful turn of ot the te days dYs news newl In that Early Erly depression was transformed into a buoyant and active closing The Tiie government report pm eton conditions as of ot July 26 5 was the fore tore foremost must mst influence a In shaping Judgment 01 ot the agricultural outlook The condi condition condition condition tion figures showing heavy bevy deterioration tion tun during the month and a poor com coin comparison cm parison with the average in a a number of years wih does not offer oter great geat inspiration Inspiration tion to enthusiasm laim when considered ab absolutely ton considered It The speculation It n not ut t from that standpoint but relatively In that light It was no worse wone than ex ox expected and lpt better beter than some of ot the estimates notably that ot of preliminary the National Ginner association There were reports of ot cloudy weather wether In Jn Texas Teas where the trouble Is II with wih the drouth rather than excessive moisture moisture The Tle portions of ot the corn com belt were yere reported to have been visited by abundant and soaking soking rains and there was waa WIl heavy hY selling of ot rains that commodity on oti the exchange to tot tOLar t Lar ar out the reports The cheerful tenor of these advices st the resistance which stocks Mocks had begun to show shw to the de do depression depression of ot the te early erly pert part of ot the day The depression centered OH OR the Hawley group grup to the accompaniment of ot pre pred d that the dividend on en Chesapeake Che rake peake Ohio could not ot be maintained and and that the ambitious projects of ot com coin combination centering around that tat prop property erty ert were becoming Involved In em embarrassments embarrassment similar to those thOM which overcame the Pearson PerR syndicate There a demand for tor the stock that thatus thatis ws us is not lot felt fel yesterday during its Ia sharp full falL f 1 and the tbs bears ban found the supply s all fl when they began to bid for tor it I to toi i over their shorts This put a new face tace on cm the matter mater The strong rally In Ohio and a similar re rebound lund bound in Steel Stool served are V us as iS a a warning that protective measures f against a bear bar raids were in force forc A sharp reduction In the London vis Is IsI i e supply of ot copper reports report of ot Im demand for that metal and re ro rein roof in tion of assertions that a policy pley of ot Cl fied output had hd upon I b Miu l principal producers served serve to then the fe ep Industrials New fo to steel products and spelt tons on et 01 contracts were said sid to sat satir ir hf the tle ideas idea Ide of authorities In that t ll The overextensions by t tsar lars in n the market wore were ere put fairly to rut rout before b rore the end en of the Ue day and aDd the thee thea e a ue Live list showed showe Rains gains gins all al the way wayt f t finni i oni om one enS to four tour potato points Bonds were wee irregular Total sales 9 Tit Tu ll value val ue IN United States were unchanged on call STOCK QUOTATIONS I Sales IL H J I L 1 t I CL CI p Cop at 64 60 63 AnI Am 48 Aar Am m Det Beet Sugar r S 8 ii 27 91 cn n M T 8 n 7 U 7 Am C J 1 U 4 41 U Am CotoR Cotton 01 OH a 1 U II Ill iH lb 56 Am H I Ii pfd I u Ii II 25 36 26 Am Ice S Sees is is lS 18 III Am Lne Linseed H ill 11 ii 1 Ani Am Locomotive 8 80 11 31 S 32 Am 4 R It 61 61 66 Preferred 10 1011 Am hel 0 41 4 4 43 I 43 Am Sugar Ret Ref MI 01 15 Am T T 1 10 1311 1110 Am Tub Tob 91 m Wolen Woolen 2 3 21 I 26 s sAna Ana Mm Co 2 IS 8 38 I 38 38 14 1840 t 96 Preferred 30 18 97 A C 1 Line i IGI lT Ral Bait a OhIo le 1051 eth Steel 20 2 Brooklyn R H T P 1 n 71 73 2 74 t tan San an 1 1861 ISI t ln LeU S 31 91 2 31 1001 ot of N J 1 88 les ies Ohio hio ItT 71 65 61 hI hi Alton 24 ti Cl Cit G W 4 U 21 21 1 Preferred 60 41 I 48 40 Ul UlC C N W IV 11 HI C 1 M St P 1 1221 1181 1221 e c c St 1 71 1 olo F L I 2 2 7 ilo South 10 5 11 l 11 58 50 l Ga Gas 13 13 11 orn 41 13 13 or t 11 1 13 Del Hud en 1 ii 14 11 10 D 1 R R G al 27 7 28 28 Preferred 6 60 6 67 Distillers S Sees 27 7 Erie 23 23 A 23 S 1st preferred Sn d preferred 1 39 9 len Gen Electric 1 ON 1401 Gt Gr North pr pM USA 1121 lU Do ore ert sorts 1 i 13 IU 52 Illinois Cent IN 1361 6 16 1261 12 I Lt et et 4 In 11 11 16 41 46 ot 42 U 46 Tat Int lar Sn 86 87 tnt Int MarIne pfd IH mt Int Pa or 1 I io 10 Jut Tnt Pump I 01 49 40 t 3 39 3 2 Iowa Central I 16 K 1 Southern 2711 7 UI 27 1 60 60 I 58 I i G Gas s 97 I 96 Nash 1 I 1 M l r r L I 23 2 I 23 3 r P S 8 S MI M K T 31 2811 31 Preferred 59 Mo o Pacific 1800 47 BIscuit q 1051 National Lead 60 50 49 50 N R It ot of M 2 pt 2 2711 H 21 N Y Central UI 1111 N Y O 0 W 39 I Norfolk Wet West 00 94 93 94 Norh North American t 66 Northern Pacific Pacific Mal Mail 23 2311 23 Pennsylvania Peoples Gas 1061 P C 0 C C St 1 L j 94 Coal 15 lUI 15 i Pree Pressed Stel Steel Car 80 30 30 I 30 Pul Pull Pal Car Ry Steel Spring 30 30 I Reading Beading Republic Sterl 2811 29 I Preferred 89 89 I 89 Ro Rook Island C Co 30 2711 Preferred 68 61 St I L S B F 2 pt 00 36 34 34 37 St I S W I 59 59 I I 58 S S S S 8 I 1400 51 57 Southern Pacific 1121 1081 12 Souther Southern Ry By 21 22 21 Preferred 00 50 49 50 i Teun Tenn Cp 2 22 TeXa Texas Pacific 25 T St St L I W 20 20 Preferred H 44 U 44 43 3 Union 1611 Preferred U S S Realty 1 U S Rubber 34 U S S Stol Steel 17 2001 68 65 68 Preferred 1131 IH Utah Copper 1900 4 43 Hi I Va Va Caro Chem 1000 56 51 Wabash 1000 1611 1 iSIt 16 j Preferred 1000 a 34 3 34 I Wet West Mi Md 42 West 55 5 Western Unon 60 61 W I LE E 41 Total otal sales for tor the day shares |