| Show I FINANCIAL REVIEW Speculative Dealings Have Been of Restricted Kind New York June Bradslreets Financial Review tomorrow will say Speculative dealings luivo again been of a restricted kind and the public appears ap-pears to develop no real interest In the S slock maiket The Investment demand de-mand for bonds and dividendpaying stocks continues to bo l excellent and It I Is apparent that the floating supply of such securities is considerably smaller thiflhi ln rece i years The developments of the week have in the main been of a favorable character char-acter London has reopened to the successful outcome of the war In South Afrka and the assurance that the gold mines of time Hand are safe with an advance ad-vance In which American stocks havc partlclpuicd to a certain extent Tho 1 btning of our securities for foreign for-eign account has not however been on ti sufllclently large scale to have much practical Influence upon the tone of the market here or upon current quotations quota-tions for speculative shares Another development Is the decline of exchange rates to a level which puts an end to any npprehcnsion as to shipments of gold Early this week It became apparent that no further withdrawals of specie fit her from London or Paris would be made and the situation in this respect has shaped Itself so that the gold outflow out-flow is over for lime bcason Another circumstance which has had a considerable influence upon the temper of Wall street is the accumulating accumu-lating evidence that the socalled su gartrade war Is practically ended even If there lmaM been no formal set llcment among the refining interests It has boon pointed out for some time that the couise of time capitalist Interested In-terested In the business was ons which necessitated a eompromlsp when all parties welc thoroughly tired of their looses II Is certainly rcmaiknhle thai the I American Sugar lloflning iOhlljJn fly and Fhotild within I I i the opposition retintrios rhtou me I tho hiMt few wcekr have advanced I prices to a level which seems to I affonf I n fail prollt und the I speculative puli I 1I not unnaturally draws the Infer I I once thit this I Is the I result I I of an i rcc ment or arrangement among the par j ties In interest While nothing con he learned as to the facts there bay heon heavy covering of shorts In sugar stocks and an advance In Its prire lo 120 making 11 time most active as well us the strongest feature of the market The steel stocks have been irregular irregu-lar and heavy on the news that further fur-ther eductions i In prices were scored In Western markets At the same time the liquidation In these stocks seems to be over and in some cases covering by I a short Interest resulted in an Improvement Im-provement of their market position It j may also be said that the tobacco stocks contributed toward the strength market because while of the geneial time y showed no decided Improvement time selling In them has ceased and the I fcai of competitive opposition has di j I mlnlshcd The railroad list has been strong to steady particular attention being paid to Burlington Northern Pacific common preferred In the mon and AtchlKon two latter cases prospectiVe Inci cases In dividend rates are the main icasons extended to them for the support Bank Clearings New York June 1TIme following table Bradstrect shows the ble compiled by cltlea bank clearings nt all tho principal for the week enllng May 31sl kslth tho Tjcrcentace of Increase and decrease as compared with the corresponding week last year Inc Doc Now York S 3114978 4C I Boston SS58IS01 1C2 Chicago 11t1220S 116 Philadelphia > ias2 MSt M-St Louis 250334 20 Plltshurg 2747l6li 248 Baltimore 15034S > 241 San Francisco 173312W 127 Cincinnati in 7irl50 1GO Kansas City H 113901 Hi I Now Orleans S3GT32C 30 S Minneapolis 7953KH 02 Detroit GVJ2S19 03 Cleveland 8013421 151 Louisville G4 10uO 73 Provldenco > I6T22C4 l 11 IMO Milwaukee 1231913 I-MO SL Paul X72C130 57 Buffalo 31S7S7 25 Omaha 5535327 7T Indianapolis 4 I S337 29 Columbus O 332000 14 5 Savannah 29CO 03 493 Denver lf7S30 3J Harltord 1 03 1591 131 Richmond 2SM417 177 Memphis lSGS 932 J5 Wunhlnpton 21 n 11009 SI Peoria S002 S 31 Rochester 1S2VH New Haven 1101852 210 Worcester rir > 12 33 1 Atlanta 1170321 110 SALT LAKE CITY 1063C2S Springfield ibjss 105 Fort WorUi 1M7 I3S 31 7 PorthuH Me 75387S Portland Or 1508211 90 SI Joseph I43237 377 Los Anqeles 1C001SO 310 Norfolk M52S4S 230 Syracuse 723 2fi 217 DIJJ Molncs > 1027327 Nashvlll S59317 117 Wilmington Del G76132 Fall River GJfi797 ftO Scranton S50C53 ISli Grand Uapids S7G731 r d Augusta Ga WK56tV C3 Lowell J157D3 20t G Davlon O < 21G3l l 23 1 Seattle 1700220 179 Taeoniii > 9ttl C07 Spokane Sll401 so lUSSial 5L3 i City Sioux < ll Ojj1 2SJZi 2S2 Bedford = New Knoxvllle Penn 601 Gu V12EO1 Topeka S8392I JllrmlnKham 17a 173 12 Wlehiln 2SGGOO 75 Binnlmmlon 245r > S7 315 Ky I jjicUsinvUie Lexington ila 226CPO 3SG 42s2 21 Kajaniaroo ItflCtiO 770 I 1 Akron JS74C7 99 I rhailnnoogi Knckford Ill 239f vl 92 O Canton O 100117 20 Springfield 21S090 GU D N I Fargo C24IM 232 Falls S D Sioux 101871 330 Neb Hastings 125010 23S Fremont Neb S2 201 SLrl Davenport 142U70S Tolodo 1 IS3000rt ialveston rt Macon S16124 20l Evanfvllle 3762 IS 33 Rock Llttlo Ill 3S0GS5 Springfield 269105 41 Saginaw 2ii Helena ° L 2000 23G Georgetown 1833107057 25 Totals U S Totals outside New 03 TYSk WT03BKB DOMINION OF CANADA Montreal 13053621 271 yiscosri 50 Toronto JS01S 25t 1 Winnipeg1 1ll1 I Halifax Hamilton Si John N B i1oi I 5ri17 128 Victorhi S3 S079J2 Vancouver Totals 23591S71 SG |
