Show FINANCIAL REVIEW More Reactionary Disposition Shown in Speculative Work New York Sept BradsLreots Financial Fi-nancial Review tomorrow will say Amore A-more decidedly reactionary disposition showed itself in speculation this week Prices were decidedly weak last Saturday Satur-day and though support was extended to the market on Monday and Tuesday and the short Interest covered contracts con-tracts rather extensively on those days the Improvement was slight and the tone continued to be nervous The developments In connection with the strike of anthracite coal miners mi-ners while inconclusive as to the question ques-tion of a general stoppage that Industry In-dustry seemed to Wall street to point to a long and possibly troublesome struggle with labor and the market also takes Into consideration not only tho chances of an extension of labor disturbances to other trades but the effects of such circumstances on the political situation Indeed politics arc now receiving a degree of attention on the part of the speculative community which contrasts in a striking manner with the Indifference about the Presidential Presi-dential contest that has heretofore prevailed The uncertainty attending the contest In November la receiving consideration and naturally produces additional conservatism the part of llnanclal houses and the stock market generally The situation of the money market waG a bearish factor Tho large decrease de-crease In cash and surplus averages shown by last Saturdays bank statement state-ment reflects withdrawals of money to tho Interior for crop movement purposes pur-poses plus the decreased dtabufc mcnts of the treasury These facts promise to result In another poor bank statement tomorrow and It Is noted that the supply of time money has decreased de-creased while lenders show a decided disposition to Insist on higher rates An unfavorable effect of a sentimental sentimen-tal Kind was made by Germany placing plac-ing a loan of 20000000 ono of the effects being to give Berlin power to j draw gold from London and cause a hardening of Interest rates at the latter lat-ter city while they declined at Berlin The reports that other foreign Governments Govern-ments have been encouraged by the success of the British and German loans In our markets to undertake negotiations ne-gotiations for similar operations on this side were also considered as pointing to decided efforts to lake advantage ad-vantage oi the abundance of capital here and as possibly Involving a diminution of tin supplies of funds I which have enabled Vail street to 1 carry such immense ir gecurity without difficulty A retrenchment of loans was therefore considered a possibility possi-bility which had a bad effect on the market London was very quiet and took no share In our market and the trading In the early part of the week was entirely professional Bank Clearings New York SopL 2LThe following table ta-ble compiled by Bradstreet shows tho bank clearings at all principal cities for tho week ended September 20th with tho percentage of Increase and decrease as compared with tho corresponding week last year Inc Dec Now York S 7I61537 SSC Boston 970823KW 304 Chicago 32COfW33 ri Philadelphia SGGS3031 12 I SU Louis 3J8SlC7o 58 PIttsbur 2701SS50 I Ualtlmoio 105I7SI3 16 San Francisco 23iriOC03 13D Cincinnati 13723000 Zfl I Kansas City 1650o8S3 109 New Orleans 11371208 448 Minneapolis 130S01WJ 36 1 Detroit S075WO 45 Cleveland 10231173 31 Louluvlllo G60IOCS Providence 5111600 iils Milwaukee iiGCl 43 St Paul 1511562 IS7 Buffalo 6200179 13 Omaha 5S5J8W 13C Indianapolis OliO 20 166 1 Columbus 0 4973100 117 I Savannah S2C0407 1G70 Denver 4203S34 60 Ilartlord 222CSS3 45 Richmond 3059071 135 Memphis 01 2053313 75 Washington 1970151 34 Peoria J005215 4G Rochester 1513560 Now Haven 3301715 119 Worcester 105S1C2 Atlanta 1S12510 141 SALT LAKE CITY 23275S 21 I Springfield Mass 116353 131 Fort Worth 155232 2S2 Portland Mo 1015207 334 Portland Or 2134237 473 I St t t Joseph 3511S31 35 Los Angeles 2411203 428 1 I Norfolk 16S78 166 Syracuse 1052764 C3 Dos Moines 13S5826 Ia Nashville 1210636 46 I Wilmington Del 9121GS 27 Fall River 653251 10 Scranlon 9354SS G1 Grand Rapids 1237533 45 Augusta Ga 2203637 272 Lowell 436833 > 192 Dayton 0 121D1SO 43G Seattle 32775S7 211 I Tacoma 1203715 23 i SPokane J23SS59 4 I 7 Sioux City 1223071 127 Now Bedford 39C4KJ 131 Knoxville Tcnn 6o52 > l Topeka 1032453 622 Birmingham 7IS05G 1S1 Wichita 472950 39 Blnghamton 35J700 181 i Lexington Ky 3357G3 38 Jacksonville Fla 1SOW1 134 Kalamazoo 50916 14 Akron 4E6300 357 Chattanooga 4SG43S 523 Rockford Ill 211136 Canton O 263000 31 Springfield 0 310510 313 Fargo N D 307S27 590 Sioux Falls S D 139420 139 Hastings Neb 131E31 Fremont Neb 134S41 4G Davenport S03SOO lOA Toledo 2010557 103 Houston llG53F2l 314 Helena G22S53 3G Evansvlllo E0321S 1C2 Macon SSIOCO 135 Lltllo Rock 510407 C34 Snrlngflcld Ill 41SB9 Youngstown 307033 11i L I Totafa U S13G3G4Sf78 277 Totals outside N Y 605032721 62 DOMINION OF CANADA Montreal 15571215 S4 Toronto 95311013 12 Winnipeg 1G559X 122 Halifax 1111779 17 Hamilton 935361 5G St John N B 9IG725 304 Vancouver 12352 201 Victoria 955000 36S r Totals 31740070 T2 |