Show MYSTERY ABOUT UNION PACIFIC t Wall Street Speculators Kept Busy y L 0 BUY NG SHARES 1 VOTE IS THERE THEREBY BY ASSURED I v Yerk Sept Sopt which hleb p s beon Cor an J it the tont o ot Union Ia Iaia ia it d tOday t aay on im an RU oa b by the Union Pacific of hundred thousand of thus UIUS It an voice voice in inA A hlson affairs and Its control or of the whole tran ruIt rall ron Ilu It must be said fur for this rumor th t there wai better authority for the cred nee to it than for I sonI om ot the many Othera and th of stock on th dill not sh shake ke th faith or of its bell The Tho I of Pacific was i 10 hiking by the UtI speculators tors who Iad ad followed the movement und and the de e no hns or I The mot mOtt d effect wat to the Atom n which made it a rather especially the wI ell was ua unusually The StatiS 1 stocks also d developed great news new of the August exports some very heavy declines In values for tor Iron and steel teel l om eom pared with July hut the of oC the stee atee claimed to have encouraging ad or of progress III the revival In the trade Th was decidedly and mold and not than 1 1 was wa counted or for b with 1 tub p str strong ns sl e k statement o KI t A Aloan loan Joan not ilOt but It wa w not as l rge as us for and HOd waa to to preVent further or Of tM the surplus re reserve e serve Transfer or of loans banks anks to t trust eo I known to have been to a large extent which is a that does doca not affect the actual volume of r credits nor the ultimate ute reserve a ul upon on the New York ban bank abe ho market closed sular a afe afew fe few fr fresh h advances just at the best Total aale aal or of bonde bonda par value Review of tho W Week ek Misgivings over the stability of the he prIce level or of tocks stocks han nore or J Juas in evidence all tI the e w week k This hu baa some profIt tithing b by doubtful and wa the of a abear abear bear PArt party which mal makes lonal at attacks attacks tacks on the market and Is for to rut put out short hort to td ad It is 18 still evident that an ag gres bull party part Is operating which of er feet reverses to thebO r causing aft nu ir irle Irregular le regular tone In the market when the bears retreat t and cover theIr shorts The pro pre b len tendency ency of trading also narks Darks a at t In iii speculative Interest A doubt exists In the whether tho rl e In prices ot of stocks has not been rore than to meet the ment In conditiOns which lt It vt t out to antl anticipate lt It is 18 perceived that part or of the tho expected was not realized and some Borne unfavorable developments ha hae been taken ea into account Period for the the crops approach if attention Is 18 concentrated concentrate on the outcome the tho more so as ag the final stages or of their maturity are recognized as ais lh the most moat critical In reviewing the course of at the tho lath At IISe In stocks its it is easily ni d that the crop prospects OIl which hJ h hIt It M ted have been tl Severe Seere reduction In estimates or of orall all three or of the crops wheat corn cornand cornand and cotton have hayo had llad to be made and andIn In IlL the cases of corn and cotton the pro epsa Is still going on Th The estImates or of orthe the corn crop generally accepted in all street this w week k have been beell settled at about or below wIth the testimony of tl on whom the financial places value This with an earlier of find and findt anda t a feeling or of some 18 Cl explicable oT on the part of bought stocks on the basis of that c The Tho doubt era are sentiment by bythe bythe the a argument that st Ck prIces carried to a earlier estimate rather bau by br th thO later The means menns b by which the In hi prices bas been effected h have e lo o come come In for their share baro or of suspicion The ft Is impressed t b by fl a process or of retrospection that a flood pf rumors and assertions has been hlen made ronde madelie the lie basis of or of stocks and wIde advances Iii hi their for days and even een weeks and then thrown aside and forgotten without being realized Ex Ec Expected peeled dividend great tlona and absorptiOns of railroad systems and alleged contests for control In Inthe Inthe the open market have bave betti made to feed excitements continuoUsly ana trien r l ted to the of f unwar rumors without after aftereffect aftereffect effect on the prices which the they sad nad to enhance in ii Steel teel Trade Th exten the revival In the tho Iron and matter of constant m jud dispute In the distrIct The effect of the weeks cut cutIn cutIn In steel billets long foreseen WMS bad as was Wels the OpinIon expressed fed t b by trade that previous cuts cutsIn t In otiler forms b had d induced d but a mod orate response from customers The TheS S weeks principal rumors entered centered about t talon Pacific but the they proved so nu merque and contradictory contradictor as to Impair 4 their Influence and were dropped out of consideration The V withdrawal of funds from No New York by the Interior was continued and former estimates or of the unlimited sufficiency or of the banking s stir r plus have been revived Influenced b by bythe the rapid rate or of depletion or of three pre vions ion Vo tl Interest rates are still on ft a veo ver moderate basis and 2nd the rapid In foreign exchange has I that relief by gold Imports might be had hadIn In of an any urgent need But Ute the ris risIng In Ing course or baa 1111 butt a deterrent effect t on speculation The rho reports to the control kr er of the he S Sept pl G t condition or of national banks throughout the country df disclose a late of reserves nc in the south and that offers no prospect or of Joo than a normal call upon Now York for autumn The reduced demand for formey mossy mey at the stock exchange prompted by the perception of these conditions Is believed to be the cause for the slightly easier tone or of the thc monc money market In the middle or of the Reports or of railroad earnings and or of the course or of general business have ave been regarded as tor tory but have lacked Influence on stocks owing to agreement ement with expectations expectations which had bad Induced previous opera In stocks The Tb bond market has been Irregular and somewhat less active States 45 and the h 45 t have advanced 1 the 3 and arni the old is coupon J per r ca centon t call all during th the week |