Show STOCK MARKET UNDER PRESSURE I Admonition Against Speculative S Excess CAUTION THE WATCHWORD I CALL LOAN RATES R TES AT HIGH LEVEL New York Sept The he call money rato rate today carried an admonition against speculative excess and the tha th rise in the tile I rate had its effect in tha tle stock market Operations were conducted with caution and the tho market was under pressure at times Umes Call loan rates advanced to the time highest level of the year under the de tie demand 0 mand for accommodation to carry over until Monday which Is required under I the stock exchange rules On the other j I lIned hand the promise was wu for a good bank statement nt and operators in stocks were loth to forego fore o the advantage which might come from the sentimental tal of this I tomorrow It appears apI curi that the tIme movement of funds on balance to the interior du during during ring the week had bad hardly l b been jen en sufficient to wipe out the small smail gain gala on the weeks operations The cash re reserves reserves reserves I serves of ot the time banks should seem there therefore therefore fore tore to be little changed from last The he principal interest attaches to the loan item There has ben some with withdrawals withdrawals of ot credits during durin the week but it ft is I F not clear whether this has been on the part of the banks or has been due to some Mime retrenchment on the purt of the trust companies on loans pre previously previously taken hike over oer from the banks bank A decrease iC in the loan Joan Item of the banks should hould result in an improvement of the surplus reserve resene item Such an improve i I ment undoubtedly undoubted be bo welcome as asa asa I Ia a margin Ingrain against future futuro It is not I supposed that the time movement of funds to the interior has ceased coo sed for tor the sea seu seuM season M son n From Prom Sept 25 to Sept 30 there thero wLl fall faU due Jue a 50 per cent installment of sub subscriptions subscriptions subscriptions to the time Pennsylvania convertible bond issues On Sept 30 20 is payable a PT per tr cent installment on of Atchison convertible bonds Bankers connected with these opera operations operations operations assert that full payment pa ment has al already alread already ready read been made in anticipation of the maturity of the obligation by b a large number numbe of subscribers subS in order to save interest The same is true of the final I installment of the Japanese loan Dread of a possible violent flurry in inthe inthe the money market late In the afternoon had something to do with Vitti the early de tie depression depression and when whelm the demand for the day was satisfied without any actual flurry an all active demand for tor stocks the tho sprang up Ul which extended notably gains of the strong features and caused a recovery re very throughout to above last nights level The Time closing was firm firmat at the ton too Bonds were irregular Total sales salos par value V 3 United Yie States coupon advanced per cent on call coll Stock Quotations Salos Salas High Low Close I Adams Ex EL 40 Amal Copper SSU Si SI S SAm Am C F K 1500 36 38 30 3 Preferred WH WHAm 1 Am Cotton Oil OU 81 It 30 SO 50 Preferred Ire Am Express 6 Ant Hide Loath pfd MB 1000 8 G P PAm J JAm I IAm Am Ice 1 T 1 Am m Linseed Lin Oil on 17 Preferred IJ Am m Locomotive 3 l 85 A AI Preferred I 11 ll llAm Am S R 12 17 Preferred Jw Am Sugar Ref 2800 14 H 14 HAm Am rob Fob pfd pM ID 10 Ana Alma MIn Mm Co Atchison m 91 30 90 20 Preferred 2700 lO M Atlantic Coast CoastLine CoastLine CoastLine Line l OO 1117 1 19 Bait Ohio Preferred Ii B R T 71 06 00 7 70 I ICan ICan Can Pacific 1 Cent of N J 3 SS 2 12 2 Ches Ohio 55 28 z 58 Chi Alton 37 r Preferred 49 Chi G w 1400 li l U 1 avi 21 1 a H aC HC C N W ll I C M 11 St P i iChi Chi T 1 T TC 17 C C C luG l Colo Cob P F I 1 48 44 5 n I Colo Cole South SA 25 27 r 25 2 1st tt preferred i 01 l preferred 4 4 43 4 42 43 4 42 Consol Con ol Gas 00 IS IS ISO JW HO Corn Products 12 1 12 1 12 2 2 Preferred Pret ened COO 53 53 il 51 1 Del Hudson 19 D L r W WD It D R R G lQ 36 36 t Preferred Distillers Sees 1400 42 41 4 43 Erie Il 50 1 I 1st preferred W SIK 2 33 M preferred 1909 1908 HYt 74 72 HA 71 Gen Electric l 9 Hock Valley 22 Illinois Cent Int Paper 10 20 15 1 30 Preferred J JInt M Int mt Pump y Preferred gs fre Iowa Central 27 7 27 a 4 Preferred SO 58 K C Southern u 51 20 0 Preferred K 58 8 s H M Louis Nash 0 HOSt Manhattan L TOO 1 m I i Pit Jil U Met Sees Secs ol Cl 1 J S1 81 Met SU St R H 17 Mex Central 2300 2 k Si X Minn St L J iJ 71 70 If 7 M 11 St S1 P s Ste M Id 1800 12 li 4 III Preferred 1671 J Mo Pacific 17 1 WAL 17 M K h T P tig 14 21 38 33 sp Preferred lOO I 6 W li 05 Nat Lead 1400 47 41 th N R It R H of ot M preferred 35 j J N No Y Central 53 52 4 N Y O 0 W V 1700 bt M M 4 Mt 81 Norfolk West Vest W a SS 85 85 Preferred x r 2 92 It 1 North Am SOl SOO 59 20 99 90 10 Pacific Mail SWO A 6 5 s 45 Pennsylvania It H 14 Peoples Gas ISOO 1510 LH LII 14 P C C S1 Pressed Steel Car ti mJ 45 15 45 Preferred II Pull Pal Car IN Ss n i Reading 21 31 l L 1 l 14 1st preferred W WId Id d preferred 1000 06 Ii 95 91 9 5 I Republic Steel L 24 4 4 St Z 2034 i 21 Preferred 1100 9 Omit 4 9 P f PRock ii Rock Island Co 33 3 t 3 38 i Preferred 79 Rubber Goods 31 51 Preferred lH I St L 1 s SF F preferred 1200 65 Ii St L S W V wJ 0 r 0 f B 24 Hi Preferred 24 f 11 K I Southern Pacific O o 05 i 07 Oili 07 u Preferred 11 I I Southern Ry 38 35 37 T Sift Ii Preferred 1104 DO 4 Tenn Tern C I 18 II s as 85 Texas Pacific 2000 JS 1 3 asS fA BI fAT BIT T St L W IVi 1 4 I Preferred is 58 8 Union U Pacific I l laife 1 Preferred U S Express I U S Realty 90 00 W M If 10 0 O OU U S Rubber 5 Sr S I G Sn 4 Preferred U 1112 Jl f I U S Steel 74 0 37 87 Preferred If Chemical lOt XI 33 32 32 2 i Preferred lOH lOS lOb Wabash 28 23 i iI 3 23 a i of erred 1500 41 4 43 13 18 Ex West Electric 60 1 Western Union tOO 93 JM 28 W JV L K E 13 1 11 1 li liVis Wis Vis 1 Central JW Preferred fO rJ t Northern Pacific I 4 1 11 Cent Leather 1100 4 43 11 ia 11 Preferred 2400 roo h 1054 l 3 JS 4 1300 1 0 70 0 0 OS m Total sales sules for lor the day shares e |