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Show SHORT INTERESTS ARE WELL ELIMINATED James A. Pollock A Co.. bankers and brokers, rurnlsli the following, received over their private wire yej'oidav afternoon: after-noon: Palnc. Webber & Co. loiter, Boston: Spcculatlvo enthusiasm was slightly less today, probably duo lo tho fact that It Is tho end of the week and the traders are evening up contractu. There Is 110 change In the situation except (hat the short IntcrcstH have been largely eliminated. elimi-nated. Among the local operators speculation spec-ulation is still al a low ebb. but confidence confi-dence Is gradually returning nnd ouch i advance In the prlco of tho metal brings In new buyers. We look for a. continued strong market In the local list and think the copper3 are the safest purchase of any class of stocks, as the metal market has at last resumed a normal condition and will gradually strengthen from now on. Logan & Bryan stock letter. New York: The stock market was strong during the early trading today, but later became reactionary re-actionary and closed at practically the low levels, but the tone could hardly bo discovered as being weak. Shorts have covered quite freely during the past few sessions and in view of tho recent substantial sub-stantial advances, the action of prices today to-day was only lo be considered natural. Moderate distribution has been conduct ed on the upturn anil shortly after opening open-ing wo sent out advices suggesting that at least part profits be secured, as a lull in the buying was noted. Considerable dissatisfaction was hoard rclatlvo to tho probable showing in the Steel corporation for I lie coming quarterly report, which It is expected will be made public next Tuesday, and preliminary estimates place the earnings at about $37,000,000. Tho forogolng did not have a material effect on sentiment, as it Is not thought that the report will Influence cither the prlco of the Steel Issues or tho general market very much at this time, it being known that the Industry has been depressed for sonic time. The usual week end realizing on ovcnlng up of accounts may induce further Irregularity tomorrow, but as staled on various occasions, we don't feel that the amount of stock disbursed has been of sufficient proportions to rotard the npwaid movement. Gallagher says: Copper stocks not well supported, all .closing off from opening, profit taking in Nevada-Utah caused slock to break to 1 5-1C. Juvnbp Extension Exten-sion and Nevada Hills up a fraction. In tho Tintlc stocks. Sioux Consolidated a feature, being 30 bid. with very few sales. The market seems very baro of stocks. Industrials and balanco of mining stocks steady and without feature. Hornblowcr letter. Boston Considerable profit taking was In evidence throughout the Boslou copper list today. Somo of the Issues that have been lagging behind were taken hold of and advanced by traders. Feeling on floor seems that after the rise we have had tho market Is going go-ing Into a position where thcro arc two sides to it, and sonic of Iho best judges having been Instrumental In the late advance, ad-vance, took profits freely today, saying that a reaction would benefit tho technical techni-cal position of the market. Sentiment Is a little mixed at prosont, but on any tc-acllon tc-acllon stocks can be bought on a "scale down. |