OCR Text |
Show piss (III MARKET yslance, However, Is L when Securities cb a Low Level. 0 OF EARLY RECOVERY PUZZLING jp Smelting Feature of pit in View of Late. ; Reports. ? nec IS. There was fur-Sta fur-Sta stilts today, but the ...entire y without sup- ika case yesterday. Last ft. were little changed. Ef-M$Dlj Ef-M$Dlj jIcjj durlns the early S to arrest the decline. The Kii by American Smelting ftS? nnlted States Steel at o3 PlnES b the, Smelting U?5 breaJ: to new low levels ofl : ttoJr timidity and ro. fee o n the gchoral list. The I'JwIdespread that a concert-SLiI concert-SLiI attack Is responsible for ?b prices, and the quick rol-iSw&in. rol-iSw&in. indicating a hasty w Iborls, are corroborative of Vvtt futiUeties of stock epecu-Utf, epecu-Utf, art beyond clear discern: KsothS view of the matter frte wmblance of bear opera-.femajkcd opera-.femajkcd purpose of a party & to dispose of the holding Jen prices tending to Incite 1 uicis by Inside Interest?, JSiTepeculauve HquidaUon ,w to laie its course. -tIon was devoted to Amerl-?tsi Amerl-?tsi to Uio published reports : to build rival smelters country and organize a for-rtl for-rtl to the present dominant . While tho Intention to organ--vUUon was believed to some TrYueat weakness of America n iMts was ascnoed partly to mriVLt position -y reason of Bikn and an advance or gnrrant?d by today. Eiympatliy wth Us weakness JWr slot145 ln ltla metal group UTtuppored to benetlt from the t project was proof of this, ian iq the copper market was ETrtttently. fr the enarp de-isilgumatfd de-isilgumatfd Copper, and re-fi re-fi combination in process of u control tne marketing ot Id tot offset, the knowledge- that i tnt proceeding rar in ad vane; ccoa In that Industry. The fcitfss drawu from tureatencd jecpetition also hurt the mar- array of great financial w K) unpleasant contrast to the eily picvalent in tne financial t Ue drawing together of nil lima of wealth into harmony (ftrsUon. Tne passenger fare I tp1 bv-the W'abasn over busies busi-es Piiuburg and Chicago had icfthosune effect, with induce in-duce on account of supposl-:l supposl-:l II. Harrlman was a new l WtbaEb affairs. A more ra-fciation ra-fciation of the pressure- of d tiie stoclc market was found iftfX for tne hank statement. in money rates during the m lo have attracted some funds rrInt3, tne gain of tne local i tea oalance in tJie Interior siisjng snarpiy ver last week tWM This is a meager orf- rab.treasurys absorption of tfjure of the surnlus reserve loJtr 31,000,000 last Saturday, sontcc of tiie surplus would W without allowance for c the loaa Item, Important orations during the week have teal requirements op banking Its : tasjer tone or call loans cud tcday, however, prove the j o a margin of surplus re- sjprata for money was accom-ay accom-ay by a recovery in foreign lref and by a violent break pe In the sterling exchange ft!) hardened in Paris and lU&okJ tves muilccd up in Lon- 4ot a resumption of gold r51 ?ew tork was thus ln- bl-lfrcgular- To,al sales, par' Mfeui bopds were unchansed on 5l;XtT yprb Bonds. Tj..I03 -Inter ffct -ijs .. SOJ I? ' 'I? , 1 & ' UI Is .-1M4 5 MJ Manh c g -Ss .. fiO? - S? Cent 4s S5 !1 M K & T 4s ... OfU i-'-WO? N UR of M c 4s. Sli I IDu1" T C gen 31s.. Oo V.".7lXi?'-W Pac -ia ....103 J 2M! do 3s 73i X fiWcls.. SO "fc " 8i O S L rf 4? kir'iw?1 1,00,1 cv 3is. 11)15 Oil Si "t d0 cop 4s .. ..ions S'" r2 !-P o Cuba 5s. 102-2 fS Ip.Oj Se. Air L 4s ... G2 Zi!- i.l South Pac -Is .. Ul Id"" tr.-'f.1 lsl la t0fi ti e & Pac lsts.HSS I5"" !T L& w 4s. S3i ' " ficti Piw 43 ,.1032 iwW, lLo cv 4s 100- S3 i-SvS Jn'3 Ss..l02i J-ll'ff--"' I- feW-" ' |