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Show BIG MARKETS KEEP TIGHT GRIP FRIDAY James A. Pollock & Co.. bankers and brokers, furnish the following, rocelved over their private wire yesterday afternoon: after-noon: Paine. Webber & Co.. Boston. Both markets opened with firm undertone and strength was well maintained all through tho session. Fluctuations were small, but after yesterday's sharp advance it was natural to exptict a reaction and the fact that they held so well has done much to revive confidence. Local stocks wero In better demand, especially North Butte, Granby, Calumet & Arizona, and Allouez, which were well taken all day. If the New York market continues to hold strong we shall soe a good rally in tho coppers. Logan & Bryan, New York. Market advanced today in an irregular manner and closed as a .general rule somewhat higher, though It was apparent on upturns up-turns that offerings were assuming larger proportions and that outsiders wore not disposed to follow the advances with a continuance of buying orders. Sentiment has altered decidedly for the better and It appears to be the consensus of opinion opin-ion that while for a time some hesitancy hesi-tancy may bo witnessed that drastic liquidation has In great part run its course, and that any constructive occurrences occur-rences such as the granting of Increased freight rates or a satisfactory solutlon-of solutlon-of the Union Pacific dissolution matter will be followed by substantial betterment. better-ment. We are disposed to favor tho buying buy-ing side on the occasional downturns, but would safeguard commitments and accept moderate turns. Gallagher Letter, New York. Curb market strong at opening and upward move continued throughout session Cigars Ci-gars at S3, and Tobacco Products at SO. were leaders. Braden at 6. Tonopah Merger at 73c. Belmont at 6s ex-divl-dend, and North Star at Sic, wero principal prin-cipal features among the mines. Close was steady. |