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Show NO ENTHUSIASM IN THE MARKETS EAST James A. Pollock & Co., Investment brokers. 169 South Main street, furnish the following, received over their private 1 wire yesterday afternoon: Paine, Webber & Co.. Boston Action of the Now York market today was a great disappointment to the bulls. Weakness Weak-ness of steel was tho most noticeable fca- J ture and brought in selling all through ! the list. The local market showed its j isold-off condition by doing almost noth- j Ing in tho face of the decline In New York. There has been no rally In tho coppers to compare with the rise In tho metal and there has been no speculation specula-tion to weaken accounts, and, acordinglv, it Is probable that the local market will show little change until a rally comes. Gallagher, New York Tone of outside market was Irregular, with Industrials Inclined In-clined toward a lower lovel. United ; Cigars led with a decline to 92. Thoy rallied somewhat before the close, how- ever. Consolidated Coppormines was again in demand and its advance to 3, despite a generally dull market, was easily the feature. Balance of list was about unchanged, but the tone of the metal stocks was firmer than during the latter part of the previous week. Logan & Bryan, Now York Tho market was greatly depressed during the greater part of today's session, with London and tho continent, as well as domestic holders, being conspicuous on selling side. The list was rolleved of urgent pressure in the last iwo hours, but failed to exhibit much resiliency, and the closing was rather near the low levels of tho day. The difficulty of forecasting the probable effects of low tariff duties Is becoming generally realized, an there does not appear ap-pear to be any precedent on which to base calculations, and while the country in general has seeminsly for quite a period been endeavoring to discount tho changes In imports, still very few are ablo to form a definite idea as to whether the adjustments have been of too little or too great extent up to this tlmo. Advices as to the state of steel and iron Industry have recently been unsettled, un-settled, and demand money rates havo shown a disposition to harden. The prospects of gold imports have been lessened by tho recent advance In the i Boston Mining Stocks. James A. Pollock & Co., Investment brokers, 169 South Main street, furnish the following, received over their private wire yesterday afternoon: BOSTON COPPER RANGE. I Sales.l H. 1 L. Clse Algomah li U H Butte & Superior.... 314 35 34 341 Calumet & Arizona.. 271 661 66 66 Chief Con. H Ig 13 Copper Range 39 39S 391 391 Daly West 2 2 2 Davis Daly 12 IB IS East Butte . 80 121 12 12 Granby Con 100 721 72 721 Greene Cananea .... 31 301 301 301 Hancock 45 171 17 171 Indiana Copper 4 31 4 Inspiration Con 16 lo! 16 Lake Copper 25 81 8$ 81 La Rose 2A 2 2 Mason Valley 130 41 4 41 Nevada Con 65 161 168 168 NipiBsins 40 SS SI 88 North Butte -. 1,0S5 271 262 27 North Lake 2 11 2 Ray Con IP 1RJ 194 Superior & Boston... 315 2J 21 21 Trinity 41 -JjJ 43 U. S. Smelter, com.. 180 40 40 40 Preferred 47? 47B 479 Utah Con 9 82 9 Pond Creek 21 J 202 202 Michigan-Utah . ...1 20c 20c 20c. First. National 520 31 3i 3 I Alaska 2.540 23'j 222 22g BOSTON CURB CLOSE. I Bid. lAsked. Alaska $22,871 $23.00 American Zinc 18.871 19.00 Arcadian 1.75 2 00 Begole . 1.00 1.25 Boston Ely 54 .57 Bohemia 1.50 1.75 Butte Central 02 .04 Butte & aalak 2.S7A 3.00 Butte & London 30 .32 Calaveras 1.371 1.50 First National ., 3.061 3.20 Greeno 30.00 32.00 Hoton Copper 3.50 3.621 Kerr Lake 4.00 4.061 Keweenaw 1.25 1.871 Macsachusottji 2.00 2.50 Majestic 30 .35 Mayflower 7.75 8.00 Miami- 22.50 23.00 Michigan 1.12J 1.50 Nevada Douglas 2-12! 2.37J Ohio Copper 4S .54 Ojlbway 75 .90 Old Colony- 4.75 5.00 Oneco SO .95 Pond Creek 20.75 21.121 Shannon 6.75 7.00 South Lake 3,00 3.75 S. W. Miami...... 2.50 1 Stewart 1.75 1.874 Tuolumne 55 .65 Utah Apox 2.25 2.37 Victoria 1.25 1.50 Winona . , 1.75 Wyandot 50 .75 English bank rale and advices from the continent denote tha.t European financial institutions are still clamoring for yellow yel-low metal ?tnd that the forthcoming new financing Is not looked forward to with much enthusiasm. The stock market has had a rather fair decline and a moderate mod-erate rally, as tho consequence of short covering would not be unusual, but, on the whole, it strikes us that the Industrial Indus-trial department will seek somewhat lower levels, pending further adjustments in commercial and industrial circles. Oro and Bullion. The ore and bullion report for Monday, Mon-day, given by McCbrnlck & Co., was as follows: Ore received, $63,000; bullion shripped, $90,000; total, $153,000. Metal Market. Th,e motal quotations for Monday, posted post-ed by McCornlck & Co., were ns follows; fol-lows; Silver, 61c; lead, $4.65; copper, $16,221, Mining Notes. The repairs at tho Washoe smelter should be completed by the ond of this week and the plant put back Into commission. com-mission. The September copper production of the Miami company was 2,688,600 pounds, as compared with 3,146,700 pounds in August. One report received on Monday was that the government was planning to Im vestigato the copper trust and that son of the stocks reflected the game. |
