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Show f lET TENDENCY I STILL IRREGULAR !K ' Buying and Selling Ap-1 Ap-1 n to Be Largely in Hands J ft the Professionals. ! r gv OF THE DAY HAS ITTLE EFFECT ON STOCKS i $js. Driven to Cover During S'&al Hour by Rise in the Pacifies. TfTOTlK, Aug-. IS. In its essential es today's stock market was largely ititlon of yesterday's. Prices moved the same uncertainty, tho buying y tiling representing for tho most part Derations of the professional element, igr during the early session was hi Br volume than on tho previous day. I , iter became listless and devoid of cance. There was an early drive I I t Great Northern und Northern Pa-'vbased Pa-'vbased on rumors of the serious 111 ,ii;t James J. Hill. Although these re-wCfwcrG re-wCfwcrG soon authoritatively denied, WBtocks held heavy throughout. Part day's board room gossip dealt with ljr.iS8ibllIty o a reduction In tho Great ern and Northern Pacific dividends; rgfofmuch as action on these dividends ., U some two months off, such talk "it iot taken seriously. Thero Is doubt-brae doubt-brae Justification for the belief that ,?lhowlng or the Hill lines has been '"'jointing', and this, together with the A fciraginff utterances of tho titular "ot thoso properties, has served to if jjyt them to unusual pressure. There ' Harked weakness also In St. Louis a.. .Francisco second preferred, and Tork Central dropped abruptly un-istiort un-istiort selling, which was attended by y-Qt some more financing In the ln-iigrof ln-iigrof that property. In the Industrials .7Rn Smelting and Amalgamated -iSjiT: both were active and strong, In of the belief that conditions In the EJftrade are less favorable than Uiey i; a. fortnight ago. cMaay'a budget of news Included the tanco speech of tho Republican can-l can-l for Vice-President, which excited Interest; further efforts to settle tho .differences on the Lackawanna line; "'nkeUhood of a strike by Indiana bl-' . ,oub coal miners; reports that charg-e charg-e to be preferred against AtchlBon outhern Pacific roads for increasing iit. rates, and tho publication of our lAJorelgn trade report. Tho latter es- '"vWas interesting chleily in showing IJAur exports have fallen off over $25,-mQ $25,-mQ compared with tho some month 3fear. "while Imports have declined 188,000,000. An unofficial cotton re-ypubllshed re-ypubllshed during the day fixed the jge condition as 83.7, against 86 a (ojiago and 75.8 last year. This estl-.'lubased estl-.'lubased on acreage of 33,000,000 acres, V-ists a yield of 14,000,000 bales, lithe final hour today shorts were . y driven to cover by a sharp up-move up-move In Southern Pacific and Union Ac together with advices from tho of further crop Improvements. The JHor. these reports was that the south- has been greatly benefited by last (l heavy rains and that returns aro tto exceed the most sanguine ex-Jons. ex-Jons. Trading diminished some-mbefore some-mbefore tlio close, but material gains (4 registered by a number of Issues, lllibuylng moderately, London turned Un this market, disposing of mod-JSJLamounts mod-JSJLamounts of Union Pacific, Steel oav and Reading The attitude of Sntlnent towards this market seems jlj'bhe of mild nisplcion, and every ifcfresh liquidation or reaction here Ipto check buying for foreign ac-S ac-S Money continues to pile up here, Jofthe leading financial Institutions Mfclng a heavy inflow from the mid-yidjsouth mid-yidjsouth western states. Demand for yJflH very light, all call loans roil1, ro-il1, today being mace at 1 'per cent, 5ds were Irregular. Total sales, par SSj$2.472,000. , .led' States registered 2s advanced aJRthe coupon 2s, 3s and Is, regis-rillfadvaticed regis-rillfadvaticed 1 on call. New Tork Bonds. """ref 2 reg. .103J- do 41s SSi irtipupon 104 , do 4s 2d ser.. 27i Jp.reg 101 I, Sz N uni 4s.. 978 li,ioupon ....101 Man c g 4s1 g vfrltfreg 1202 Mex Cen 4s .... S1J SHP01 -12 do 1st Inc ... 17 tii ,8;"- 73 M & St 1, 4s ... SO Z$?r 108ft M K & T 4s .... 07V. 83 do 2nds S3 ll'4s 8U NP.R of M c 4s. 811 JK? 3?3'N Y C g 31s.... OH fflgftt8 "3 N J G g 5s .....1221 tyKu4s .... 93? Nor Pac 4s 102 bio 4s.... 100 do 3s 7'S .j.8. ' 03 N & W con 4s .. SSI Stffcv 4s.... 743 O S Ij rf 4s .... 314 100 .Pa cv 31c 1015.. I'll Sic ... 73 do con 4s ...A?2 : .... 55 Read g 4s 922 'Re pof Cuba 5s.l015 is.-.101i StL & IM c 5s.. 108 ...... C7 StL Sz SF fg 4s.. .608 4s. . OCj StL Swn c 4s... 75 b .... 66 ,Sea Air L Is .. 5D 631 So Pac Is S73 f 4b.. Soil do 1st 4s 3D jJSte 05 So Ry 5s 101 8 715 T ,t Pac lsts ..110 j-"" n?,,T St Li & v 4sv 755 4b ... 913 Union Pac 4s 4b... 90 do cv 4s . ... jj 92 J U S Steel 2d 5s. ' n 4s., SS w.abash lsts ..109J B ... 67 West Md 4s 72 Hb ..1032 W &LB4S.... 72 ls... CS1 Wis Cen 4s .... S33 ...... 781 NYNH IIc63 ctf.l2SI Treasury Statement. 3Tf2N Au IS. Today's m the trcasun balances In the m snows-ks, snows-ks, hnlance. 5190.667,554; l Affig Wl.586,513; gold |
