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Show a street dealings I LARGELY PROFESSIONAL J)er Prices the Rule in London and Downward SJm:- Impe.tus Given to Sales on This Side. ) BROAD AN WALL, itfonal Newa Service 1RIT Oct. 3. Stocks wwe dull todA closing around the low . dy. Dealings were, furtlier a the business largply profes-aWfr profes-aWfr prices ruled In London rd impetus was Riven by foreign account. Steel led in etlvlty and from the opening the common fe" to 68- A1? ihort covering which appeared to Ume. little support was .ip-ra .ip-ra wore frean rumors of cuts cea for steel products. Al-flrm Al-flrm tono was maintained In metal, the BhareB were heavy. td and Utili lost more than ich nnd Anaconda about tho lies for Europe. Thcro was a ron In Dolaware, Lackawanna Lehigh Valley and R?a.iln? jnt each. Thore was a strong lion Pacific, although trading j much restricted, rlcan Lo-!omotlvo issues wero the sha.-o attack directed manngoinent of the company, al Paper preferred felt tho cf-j cf-j new tariff and showed It by no md one-half points. Sonti-ne Sonti-ne deprcied as the day wore reaction oxtended throughout tho final dealings. Returns, returns for the month of Au-ued Au-ued to Do unlvorsally bad. SU i a gross decrease for the :0,000, hnd a net loss of Sl,-I Sl,-I Nortlicrn Pacific showed a net of J210.000. r?re nnn n.L .onls moved to new low toM,V i3th tho 48 ,lnd the 2s declined nf i,f f ?n,l , cx,chasa at a dcclln? rLlirtL iVOynU nnr;1 '"oral blocks arc ri l0, .iV10,'3 foU 10 a now low roc ord for this issue. The increase in the Kngllsh bank rate appears to liavo mtsottled foreign money markets gonprally, and the report of the 1? cr.cd,t bunIt of Bombay R.i? additional natlvo Indian banking Institutions added to tho uneasiness. A sharp drop of six points in tho Brazilian .A"'. r?centlv boated In London. Is attributed at-tributed to tho low prices now ruling for rubber British consols, French rentes and, aorman Imperial 3s all showed declining de-clining tendencies on rumors of contemplated contem-plated heavy borrowing by various colonial co-lonial governments. Interest in Bank Statement. In our own markot call monov renewed re-newed at 3 per cent. Much Interest Is takon In tomorrow's bank statement, and preliminary figures lndicato a cash gain of sorno 52,000.000. Currency receipts from the Interior have Just about balanced bal-anced losses to tho sub-treasury With the tariff bill a law, it Is predicted predict-ed that general business will rapldlv adjust ad-just Itself to now conditions while the financial dlHtrlct concentrates Its doubts and fears on currency legislation. Wall stroot Is without active speculative leadership. lead-ership. Hankers aro not disposed to encourage en-courage operations, tho public Is indifferent, indiffer-ent, and the professional trader shifts from ono sldo of tho market to tho other ln a vain effort to find a tendency. Union Paclflo Is strong. |
