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Show H FOREIGN SELLING IS H HURTING THE MARKET James A. Pollock & Co., hankers and brokers, furnish the following, received over their private wire yesterday after-noon after-noon 1 Paine, Webber & Co., Boston. Lower London cables and continued hot weather in the corn belt caused weaker markets hero today. Relief Is promised by the t weather bureau for that section tonight and, if it comes, wc look for a sharp rally in the stock market tomorrow. We believe advantage should be taken of this reaction to pick up some of the good coppers cheap, Logan & Bryan, New York. For the past ten dRys wc have ben suggesting j that caution be used in the purchase of stocks until more was known regarding tho grain and cotton crops, The cx-trome cx-trome heat of the pa.st few days had Its effect on the security market today and (lie Morocco situation, which brought to this market selling orders from London . and the continent, was not encouraging to those believing in higher prices, the damage to the corn crop especially af-feeling af-feeling several Issues. Until we get rains where most needed and until wo know to what extent the damage has been lone to the crops, we hesitate ad-vising ad-vising purchases, and should the present drouth continue much longer and the for-, for-, clgn disturbances become more acute, wc would not bo surprised to sec a further setback. The slocks In which foreign holders arc most heavily interested showed' the greatest amount of loss and the tone at the cioso was weak. Ore and Bullion. Hl The ore and bullion report for Wcdnes- day, ''given . by McCornick & Co., was as i followst Ore received, $130,000: bullion shipped, $80,000: total, $210,000. i Mining Notes, . General Manager A. D. Moffat of the L Majestic company left yesterday for the Hi property. R. II. Strickland, general manager of H! the Utah Mines Coalition company, left Ht far tbo properly Wednesday. Hi Murray O. Godbc, the well-known mln- Hli ing and electrical engineer, is In Call- . fornla getting his family settled for tho i summer. Reports from tho Braden Copper prop- crty give the present resources of that l miner as 12,000,000 tons of 2.7 per cent 1 copper ore. |