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Show IpBTI II " p Jthe stbckjarket -"Rnporary Losses in Xumber of V motive Securities During the I Jit Downward Movement." : ETLE IN DAY'S NEWS ',' TO ACCOUNT FOR CONDITION i p'sc Is Stronger Under Lead 13 of Southern Pacific, Which ik l Readies High Point. I ' V N'EW YORK, Aug. 20. The reactionary ' j a'dency hi tlic stock market which be-me be-me so pronounced in yesterday's late rations gathered fresh inomentum to-y, to-y, resulting in temporary losses in a i- imber of active Issues. No very definite ' ws accompanied the downward move-i move-i .'; tnt, asido from rumors of the probable ih imlssal of 1000 employees of the Penn-4rtyiJb'anIa Penn-4rtyiJb'anIa si'510"1 n ov before September i IMThere was further acute wcukness In OVto'Sw York Central both here and abroad. mhough In London the opinion prevails UfcjfeKt reduction or the coming dividend will 7fiaverted. 3tpjfcJTo offscL adverse factors, advices from j-Jjltsburg reported a marked increase in fi tonnage handled by the rallrouds of f'J.j' fct district and also preparations by the Bl companies for largo eiiulpment or-1 or-1 irs. The news from tho Western and " .i luthwestorn agricultural sections was fh i itlmistlc in the extreme, rains the past fo weeks having apparently given great oj lief. Corn seems to have been cspecial-' cspecial-' jbenolltcd, and oflicials of the Burling-"ifiC Burling-"ifiC n Route report Indications of a 100 per t outmn hi that staple. TJie mine ' gbor troubles which recently hung over . ','pe industrial situation apparently have pwytken a turn for the better, especially In Tiidlnna. WlMfLlttle sFgnlflcance attached to the busl-Aiiss busl-Aiiss on the exchange, which wus restrlct-"ifii restrlct-"ifii In volume until the llnal hour, when v jEcovcries from the- early session wero Tmade under the lead of the Ilarrlman pjjfcues and the greater part of the day's 'Jprly losses gave place to net gains. The " jgnsational decline in cotton was hardly :-.;&market Influence, although the wild and Stftidiscrlmlnate selling of that commodity liljfras In some quarters regarded as bear Arguments. iHfThe close was strong under the lead of Southern Paclilf, which reached its high -price on this movement. WiC-Concurront strength was shown by "lijUnion Pacific and Atchison, while New jrXork Central gained a full point on the J-Tho Bank of France shows -a decrease f almost $7,000,000 In note circulation iffiand a very small increase in gold on Jfjjjfcln the local money market some loans ffflpor five and six months were reported at 1131 per cent, with an easier tone for all ,?5atcs. kililcBonds were Irregular. Total sales, par lllyalue, 3,2Cn,000. pjKGoverniuent bonds ware unchanged on Wcall. W New York Bonds. WU S ref 2a rcg--103? Japan Is TSa jftdo coupon ....10-1 do ls .... SSJ W do 3s reg ...101 I do 2nd ser ... S7i tC do coupon -...101 Manh c g -is... OGj (E' do -Is reg ...1202 Mex Cent 4s $2 tff do coupon ...121V do lst'Jno .... 17 uAm Tob" -Is ... 73 :Minn & S L Is. SO io 6s 10S 'M K & T -Is ... 373 !h gen -Is ... flDV do 2nds .. 83 j o adjt -is ... 8?a;iC rr of M c 4s Sh o cv 4s .. .."OSJiN Y Cent g 3Js 91 lo cv 5s ..,103 N J Cent g 5s. 122-1 Coast L Is.. 035 Nor Pnc -is 102J It & Ohio is. sua do ;:s 723 lo 31s . . . 925 Nor & W c is.. OS U T cv 4s ... 744 0 8 L if Is All nt of Go. 5s..lOGJPenn cv ais.1913. 9-H lo 1st Inc 70 j -do con 4s ...10)' lo 2nd inc .. 45 Read gen 4s' ... US lo 3rd Inc ... 39J'Rep of Cuba 5s.l04i li &. Alt ?.b. 67 .'S L & IJIc 5S.10S? ics & O 4JS.102 IS L & S F fg 4s 69 B & Q n 4s. 96J;S L S W c Is.. 75 R I it P 4s 65i!Sea Air L, 4s ..53 flo col os .... ClijSouth Pad 4s .. S7 lo rfdg 4s ... S4J1 do 1st 4s ... 933 IC &. S L g 4s 95 'South Ry 5s ..1014 'lo Ind 5s 71i Tex &. Pac lsts.109 ilo Mid 4s ... C4 !To S L & W Is 75 ilo & So 4s ... 915 Union Pat: 4s ..102 il & Hud cv 4s 991 do c-v 4s D4Z & R G 4s .. 92J. v S Steel 2nd 5s 1)9 lo p 1 4s .... S.t Wabash IsLs ...109J Jo gen 4s ... 075 West Mrt Is ... 72 iek a 4is .-1031 W & L B 4s.... 72 .Met ils .. . 075 Wis Cent 4s .... SO & N unl 4s .. 9SJ XY .VH & H CS.12SS WP New York Money. iWfffEjy YORK, Aug. 20 Close: Money ftTa11 l3,'',31 Pei' C2Ut: ruling rate, 1; lUfi'""- bid. 1: offered at 1. hne loans dull: sixty days, 2 per cent; IHp yS 2-2' pcr co,n; slx "'onths. irime mercantile paper. 35-1 per cent. Sterling exchauge. weak with actual fueas in bankers' bills at 4.S1.7fii bJL5. or sixty-day bills, and at 4.SC.30 WBB' demand. jlmMnmerdal bills, 4.S3.7.fff'i.S4.50. txjean dollars, 45e. W!S2f$rnrnont bonds, steady, Etfytilroad bonds Irregular. |
