OCR Text |
Show (COPPER SELLING AT SIXTEEN ONE-HALF James A. Pollock- Co.. bankers and broker, furnish tho following, received 'vrr their private wlro yeatcni&y after-neon: after-neon: Paine. Webber A- Co.. Boston.- The local lo-cal market was decidedly stronger today with all clasacs of coppers In good demand de-mand and vcit little ntock offered. Pur-rhHter Pur-rhHter wt rr unwilllnc; to climb for stocks ad. accordingly, outside of a few specialty, special-ty, there was no general rally, but this ill com? when the speculative element becomes a little, more courageous. The mtnl market is Ntrongnr than It has been for years and enormons xals wore mndr today at 16J centM, See nothing but higher prlcew for the whole copper list. Logan fc Bryan, New Voik. Trading in M' stock market was relatively light to-dH. to-dH. TMth ipp" little news In Initiation ; TradTj. genera1!- seamed disposed to ; ti analt fmther now realle to labor and nUtical situation, and munj hereto fore, hod ben quite active were disponed to assume a waiting attitude. As June approaches, we believe that politics will exert a marked Influence on the stock market sentiment and also on general trade, which may he reflected by a rather pronounced fovorlphness and Irregularity In the Mock list. Tlie opinion Is confidently confi-dently expressed that the differences between be-tween tho tnlncrx and operator will he atnlcablj- adjusted within a short period, but an regards th demands of tho engineers engi-neers and llrenioii. It Is still an open fjuestlon as to whether tho railrondis can sec their way clear to meet the advances aked for unless pome relief is granted In the form of increased freight rates. I The situation Is bound to become rather I complicated as the vnrioiiH labor oontro- ! version work to a head. aJid owing to the fact that the hear element. In view of Its recent success, Is disposed to become vory I aggressive when occurrences afford them encouragement, wo are Inclined to tho view that tho better policy to pursue at. present Is to contlne purchases to the occasions! drives and to accept, moderate turns. Our advices on the copper shares aro still bullish. ' |