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Show HIGHER LEVEL IS EXPECTED IN EAST James A. Pollock &. Co., bankcre and brokers, furnish the following, received over their private wire yesterday afternoon: after-noon: alne, Webber & Co. Letter, Boston. Our market was very strong, tho buying orders being more noticoablo than for some tlmo. The offerings continue very light, and we believe this rally should continue to a higher level. Prices wero well sustained and we believe a higher level will be reached liefore very much selling is encountered. Logan & Bryan Stock Letter, New York. Slocks: The stock markot was a waiting afi'alr today, with strength maintained main-tained throughout the session. Trade was not of a very large volume, but the absenco or aggressive pressure was regarded re-garded as a favorable feature. The action ac-tion of commodity markets was watched with interest, and all reports tending to give an Inkling of probable showing of the government crop report on Moridav were closely scrutinized. Rumors with regard to further reductions In tho prices of finished steel products wcro not circulated circu-lated as freely as heretofore, and the steadiness of Stoel and Copper imparted a firm feeling- to the balance of the market. mar-ket. The bank statement was regarded as a favorablo document. Tho Immediate Immedi-ate course of security prices will, no doubt, be greatly influenced by the Indicated Indi-cated yield of grain jls set forth In the report referred to above, and it, therefore, there-fore, would seem to be tho part of wisdom wis-dom to await further developments In that respect before taking a firm stand cither way. Hornblowor Copper Letter. Boston. Coppers were rather dull, but with considerable con-siderable strength and higher prices, as a rule, throughout the list. Very few offerings of stocks were made hero and tho buying was vory good, although the Improvement Is gradual; It seems to bo steady, and tho best judges of copper shares are strongly of the opinion that higher prices aro bound to be soon. Gallagher says: Tho outside market was steady. Miami was put up by the Insiders to 213, at which price Scheftels & Co. bought. Goldtield Con. was sold by Scheftels and Erich and Dreyfus. Boston Bos-ton and traders bought Giroux, Scheftels selling. There wcro no sales in Chino or Ray Consolidated today. Chapln !!: Co. bought Nevada Hills. Philadelphia soid Nevada Hills. Thompson, Towle & Co. sold La Roso. |