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Show Is ill NO IMMEDIATE HOPE j! FOR BETTER MARKET 1 "' ! James A- Pollock & Co.. bankers and brokers, furnish the following, received over their private wire yestorday after- ' 1 noon: , Paine. AVcbbor & Co. letter, Boston. The market again turned dull and weak todav and Indications are that It will t continue Sn the same old rut for the next ; I week or so There is no special news I . i and tho trading is entirely professional. Wf. think purchases can be made on any " reaction from this level for small specu- ( J latlve turns, but look for no permanent k Improvement of any importance for some . , little time, i , ' Logan & Bryan stock letter. New York, f . Mavketwlsc, a great part of the news today was In the nature of rumors. It ii ' iy wus said early that the Union Pacific ft was about to issue some bonds, and In I that connection the recent heavy selling I f of the convertible 4 per cent bonds of h ' ' the company was referred to as being i fjf significant. Both copper and smelter ' M were inclined to lag during the recent ! upturn and the selling of Steel on the i, advance was said to be of a good character. char-acter. It Is not thought that much long '' stock was dislodged on the recession, j I but the action of the list Indicates that ,l an extended upward movement should I hardly be expected under present con- I dltlons, and that opportunities to lighten ' nk accounts on the bulges should not bo V neglected. We hardly think decline will , fi extend very much further, but would , ' 1 safeguard purchases In order to be pre-pared pre-pared against unforeseen occurrences, : ' Gallagher says: Considerable outside buying on curb for past week. Numor- L, ! ous Increases in outside stocks. Think i f ' market will work higher, i New York Sun. Very much to the con- ' fusion of speculative hopes, the stock N ,. market instead of rallying some from yesterday's sudden depression, carried de- . l 1 V dines further. With .the exception of i J ,y Harvester in the Industrial quarter and I , Interborough securities, which were I ; r strong throughout the afternoon, the Ntd stock market was heavy and epasmodt- (: cally active. Prices receded whenever i. , 'r! pressure increased and rallied rather fee- 'i ly- ' 5 Hornblower letter, Boston. The de- p fi mand was very light and traders did lit- H He either way. On weak days best slocks ) I via fchould bo bought for a turn at least. I i -A ProfltB on strong days shpuld be ac- i cepled. as no extended upward move". MR ment Is looked for at present. |