| Show REACTION IN INWALL INWALL V V WALL Sl STREET REET V V VV V f I i C Take Advantage of Yesterdays Rise to Sell BEARS MAKE PLAY STRONG i OAI MINERS mRS CONVENTION CON OkON GIVEN MORE CONSIDERATION V V New York June JUDe 19 There was quite quito an Jt a shaking out t of speculative ac counts m I stock market and a sharp sharn from the recent prolonged n advance adYa ce It became evident soon OOn after afler the opening tIlls this morning rooming that the real of or the rte Jle had occurred yes yen y The leading le speculative Interests I iu III 1 the m market apparently took advantage e of Jfe the effect of yesterdays yesterday e s a exalted ted ria rl rise in I Illinois I Central to take In lii the morning there were some someI I operatIons to represent con coo tinned efforts to advancer advance the market I by one or two of the important parties whose whO Joint efforts have Induced the late rise J Bul zut ut th the effective support of the principal l speculative interests was lack Ing and the traders were able to detect sales miss to take profits for that account They needed no other in invitation Invitation to turn aggressively a tee to the bear aide side and sold old the list throughout with great freedom Prices gave way wa readily r and fell feU on Os an average of from 1 to 2 points below last at nights level The bears were so 80 precipitate In their selling that they were obliged obi to bid quite ur ui urgently gently for tor stocks when they came tame to take profits causing some rallies With the demand from shorts satisfied the market et yielded and closed dull du I and The whole movement was waa tech technical neal Meal slid Mild was ws as ILS little affected by new of the day nay as the previous advance had I been The activity of 01 o the bears was WI H dent In the circulation of alarmist rumors afterward denied One was wag that Mr r J I P Morgan wa wan wu seriously Ill IP Another was that a fresh judicial decision had been rendered against the United States St Steel l bond b nd issue The rhe earlier weakness was as confined to stocks J which have ve been favorites during duing the bull campaign but active of United States Steel de do developed under the influence of these ru and td carried that thal stock down 1 1 be I low last night The rise rifle In stocks has made the professionals alert for signs of reaction which was lIB considered overdue V The Tn short selling from front time to time has encouraged d the bulls to extend the ad force covering A large por per portion tion of or this thin short hort account was forced out in yesterdays y jump In prices adding ad to the technical weakness v kness of tile the market mark t The ne stirring of interest by outsiders I I which Weh was first manifest M yesterday also facilitated the pro by the In Insiders siders alders in the bull campaign campa There was wa no unfavorable news today which has not been under discussion for some time past But in the changed sentiment of the speculation all consideration te Is given to the national convention of coal miners and the effort to bring about a general strike The too abundant rains where wheat harvesting is 18 in progress and the con eon tinned drouth in Texas also received more attention than hitherto Sterling exchange was wan sUl here and Del declined at Paris both movements ts tending to in increase Inthe crease the pressure pr on 01 oi New York for gold Individual causes aggravated d the weakness of o some special stocks Doubts were cre expressed over the th maintenance of present pres nt dividend rate of Colorado Color Fuel Ful Minor incidents of the day declines of 10 points in International pow power PO er 4 In ra Rutland preferred and 4 each ei Ii h In lit Ice preferred arid Brooklyn n Union Ga Glis Bonds Bond Bo were wore weak in sympathy with stock atoe Total sales i V United Unit States Staten ra bonds were re all unchanged u an ed in the last call 4 V Bond Boud Quotations U S S ref rot 1 2 r 2 N u Do po coupon upon W 4 Mex Cent tent 81 U S Ss 08 reff V 1st st Inc Do coupon 1 M St t L I U S n U Do is reg Il 4 M ri It IC T i Do coupon 13 4 M Id K T ks 28 31 1 tt U S o reg N Y Cent Do coupon 11 General U S 5 re N J C 0 gen Do coupon i 06 Nor Pac Atch At h gen 48 1 Nor Pac te 74 V Adjustment In K X W con COH B O 0 48 4 iii go rol ol 48 1 H B O 0 3 Read gen gell Cony 46 te al St lt L 1 1 Iron M Can Cn So Ss fa 1411 1 consol Is i e I IC C of G C 56 St t L S S P 1st let ine Inc MSt Sl M t L S VV W Is In 90 4 C O 0 4 1 SI Sl SIV L S W 28 C A A t V f Sa San an Ant An Ara Am ra raC C B 13 Q n u 96 Past Pass is 46 56 C M iff St P VV So Pacific e tS 32 general is 48 p U So o By Ry 5 5 C V N W V con Tex Tfx Pac Par soils HOt 01 Tn is l 1 Tol St L LC LC C R B R I T 8 P W te is 8 2 C C C St L 1 ul n Pac Per general 48 45 Me is 46 W Chic Term 48 91 U Wabash Is 1 Colo Cob SO 96 95 6 Wabash is D R R EG G is 4 Debenture B BL 77 Erie Brie p lien Hen U 4 88 90 West Vest Shore Fort Port W Den W Y L E B Is 31 1st Jt lWis M Wis Cent s 11 11 Ho Hoek k Vai Vat Con Tob 45 1 17 Stock Quotations Atchison sz 12 So Railway 3 alii 35 erred 1 Preferred Ja JaB B 0 O Tex rex Pac Par 4 41 V Preferred 05 T St L I W V Van 3 25 Can an Pacific 1 Preferred Ii 27 Can Southern n 92 Union nI Pacific 1 Cites Ches Cb Ohio 4 Vi Preferred 90 V ChIc Alton AlIce abash ash 28 38 Preferred 77 i Preferred 44 C 0 L J t 1 74 WA W IV L B E r Preferred 86 SG 6 d 24 preferred 31 C I B E I 1 17 17 Wis Central 27 14 C G 0 W 21 I Preferred 4 at 35 Preferred A SA 51 Adams Express Preferred B 48 45 Ame Express 5 C I N 1 TV 54 U S Express sIH IM C t k it I 1 L P Wells VeILs ells Fargo a C C T T 30 AIBaL A aL Copper Cop m Preferred 31 1 S C F FC FC FC C C C St Ll Preferred d dewe ewe eel Southern 34 tf Ann An tin Lin Oil OIL 1st lilt preferred 71 Preferred 50 d 38 preferred 4 Amu S I R B fi 47 fiDeL Del Hud 4 Preferred 10 D 1 L W 2 Ana ADaMIn Mm D R B G 4 4 rook Brook Rap T Sue s Preferred w H tolo F I I I IEe 35 Erie Ee 30 Con COlI Gas 2 K 1st preferred 67 61 Cont Tob pfd U d preferred ettre 63 A Gen GenEle Electric t 3 Gt at Nor or pfd Hockins Coal THi Sock Valley Inter Iter Paper Jf V Pr Si It 72 1 i i Ills mS Inter Power 71 Iowa Central 48 Laclede Gas s 89 9 Pr 6 Nat Biscuit Lake E B W V 64 14 Nat NaL Lead 1 Preferred North Amo 13 US Letfin Louk Nash Pacific Coast st Manhattan L Pacific Mall Mail 42 4 Met St Ry Peoples Gas M MOs Me x Central 8 38 ted Pressed Pr S Car CarK 48 41 Mx K National 1 Preferred MOist MIa St L Ll P PalL hIt ll Pal Car Me Mo Pacific hiM 4 Steel 17 1 M K T TV 31 Preferred 73 Preferred iI 51 Sugar J Central Tern Tens n C I I IN 12 N Y Central Union B A P 14 Nor or West 10 Preferred S1 81 Preferred d dOut SI N U S Leather 11 1 Out Oat ft West Vest 32 Preferred 84 Pennsylvania W U r S Rubber 14 1 Reading Bending Preferred ii 1st t preferred 14 iC U S teel i 37 It preferred Preferred 9 St at L San F 11 Su West Veit T t Union 31 1 tot lot preferred a 31 Sit d preferred PJ Preferred ICI St L II 1 S i W It 10 K X C Southern 33 31 P a Preferred ID 90 at PAIl PIU I ti Preferred 14 Total sales ae So Pa c 31 |
