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Show COPPER STOCKS ARE STEADY AS A RULE .lames A. Pollock & Co.. bankers and brokers, furnish the following, received over their private wire yesterday after-noon: after-noon: Paine, AVebber & Co.. Boston North Butte was again the center of interest in the local market. Selling "was heavy by tired and frightened holders, but the buying was in greater volume and the stock showed n. rally of a. point and a half from the opening. We believe this stock Is worth more money than it i.s selling for. and I hat holders should not ho forced out by anv such move as has been going on the past few days. The other coppers were practically stationary, very Utile stock coining out In spite of the sagging market in New York. Logan fc Bryan. New York Tt was quite evident that buyers of securities today wero not so confident as heretofore hereto-fore of tho correolncss of their attitude. The principal news of the day was the decision handed down by the supreme court of Missouri against, the International Interna-tional company, and In favor of the state, the judgment being that the International Harvester Company of America would have lo sever it relations with the International In-ternational company of New Jersey, or else cease to do business "within the stale of Missouri. Tho effect of this decision de-cision was to dissipate In part the favorable fa-vorable Influences of the settlement of the Tobacco plans, It being generally realized that many other corporations will havo to disintegrate along lines which perhaps were not definitely covered cov-ered In the Tobacco case. In addition to the foregoing, fears were expressed that the forthcoming report re-port of what is known as the lladley commission, which will deal primarily with extent of stock and bond Issues, would treat rather critically the methods employed In connection with the formation forma-tion of corporations during tho past decide, and perhaps. In great part check the ambition and desires of those whose spirit of economy has done much toward reducing operating costs in the various fields of commercial and industrial endeavor. en-deavor. Yo havo advised for Ihe past few days against climbing for stocks on tho advances ad-vances and suggested that at least part profits he secured on long stocks, and we continue to adhere to that view and believe from the character of selling both yesterday and today that further headway In the nature of declining prices may be made until the present technical tech-nical weakness of Ihe market Is Improved. |