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Show I Financial Currents of the Week MONDAY Labor day. No markets. TUESDAY Tho professional trading element had the stock market almost to Itself. Operations wero largely In United Slates Steel. Reading and Union Pacific Tho delivery of Colonel Roosevelt's address ad-dress before tho Conservation congress at St. Paul and its appearance on the news ticker was followed by a recovery which reduced declines to fractions. The comparison com-parison thus made possible between views on the same topic of thu president and his predecessor brought out sharply the divergent lines of their thoughts and deepened an Impression of cloavage. which is an element In estimating thu political po-litical outlook. Tho weekly haul: statement, state-ment, which appeared on Saturday during dur-ing the three-days' recess of tho stock exchange, disclosed moro rapid depletion of cash reserves than had been anticipated antici-pated from tho preliminary cotlmatcG. WEDNESDAY Evonls which It was supposed would dissolve the uncertainty and hesitation of speculation In stocks succeeded each other without bringing any relief to the dullness. Tuesday it wa-i the Vermont elections which wore said to be repressing activity In Uio market mar-ket Wednesday attention wus carried forward to tomorrow's government report on sraln conditions. Should thai fall to arouse activity In the dealings In slocks. tho coming coppor producers' report on the monthly statement of unfilled tonnage orders of tho United Stares Steel corporation cor-poration will he brought forward as the subjects on which lighl Is desired. THURSDAY Tho small contingent of operators in stocks laid aside political considerations, in tho conviction apparently appar-ently that they had lost their power to Influence prices- The new subjocts which wero substituted In tho attempt to find a motive force which would prove effective ef-fective made but small Impression on the market. The government crop report, re-port, an il did not appear until lens than half nn hour before the close of tho session ses-sion and after the grain markets had closed for the day, had more the effect of repression on activity than of stimulation. stimu-lation. Tho monthly statement of tho Copper Producers' association was III-calculatod III-calculatod to relievo the apprehension folt over the course of affairs in that trade. The assumption that production wan being curtailed as a result of agreements agree-ments arrived at by conferences among the principal producers hold abroad was effectually belled by this showing. Tho publication camo too late to affect foreign for-eign markets and an advance in tho price of coppor occurred In the London markot. mar-kot. Tho effect on securities hero was slight. FRIDAY Tho contingent of professional profes-sional board-room traders which has made up the recent slock markots shows a dwindling tendency. The discouragement dis-couragement of efforts to move prices proves too much. Listless indifference to every variety of news developments becomes more and moro pronounced. That the stagnation of tho stock market Is not expected to ho merely temporary Is shown by Uio general reduction of office of-fice and clerical forces which Is going on among brokerage houses. The price of stock exchange seats Is falling, as another Index of tho low ebb to which purely stock market operations have fallen. Tho meager dally transactions transac-tions are made up in large portions of transactions between board-room members mem-bers themselves, and upward tf half of the total Is concentrated In two or three slocks. SATURDAY St. Paul showed an opening open-ing advance of 3 and International Paper prcforred and Pittsburg. Cincinnati & St. Louis a (Incline of 1. Only about a score of stocks were traded In and there was no olher ohnngo In cxeosn or a half. Tho ticker came practically to a standstill after the first few minutes. Higher prices wero made for Bloats In which thoro was any business. Reading and Union Pacific absorbed tho bulk of the dealings and ruled abouL half above yesterday's yes-terday's eloso. American Car roso 11. Bethlehem Sleel lost 13. The close was Inanlmaled, |