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Show HYSTERIA THE MAIN UNDERLYING FACTOR James A. Pollock & Co., ' bankers and brokers, furnish tho following, received over their private wire yesterday afternoon; after-noon; , . .. Paine. Webber & Co.. Boston In spite of tho better feeling at the close last night, "there was no Increase In the vol ume of buying today, and shortly after the opening the whole list showed signs of eagginr. Local coppers are doing little lit-tle one way or the other, but tho discouraging dis-couraging feature Is the fact that nobody no-body seems lo consider them cheap regardless re-gardless of price. The bank statement was better than expected and the nec-: nec-: essary surplus has beon restored. Copper Cop-per Producers' report will be Issued Monday and will probably show ten lo twenty million pounds Increase, duo to the small oxports tho past month. We still believe In b-alcs on all strong spots. Logan Bryan, New York The trading' trad-ing' today appeared to be principally in the nature of evening up operations, but shorts were not particularly nervous and, as a consequence, moderate declines were recorded In most instances. It is anticipated antici-pated that the supreme court may make known Its findings next Monday In ono of the Important cases, at least, which it has had under consideration for qulto a period, and Inasmuch ao tho current Belling movement had lis Inception In tho rendering of the decision In tho Union Pacific merger ault. and as the latter decision was somewhat of a surprise, sur-prise, It is not Improbable that rather close attention will be paid to tho Wash-, ington advices Tho bank statement Issued after the closo today in the exhibit as to actual conditions denoted an improvement in the money position. The Htibstantlal reduction re-duction in loans was doubtless a reflection re-flection of tho recent heavy liquidation. Tho cash loss was only nominal and that Item will doubtless bo amplified by tho expected arrivals of the new gold secured In London early in the week. The action of foreign exchange is somewhat some-what suggestive of the further efforts on the part of New York bankers lo secure additional supplies of yellow metal, especially espe-cially as the political news from the other side during the past few clays has been somewhat more assuring. While tho position of the stock market hns been greatly Improved by recent selling, sell-ing, elimination of woak accounts and expansion of the short Interest, alill there has not as yet appeared any distinct dis-tinct .sign of a pronounced revival In the Investment inquiry which has long been a harrier to constructive hopes. It appears most essential that investors inves-tors tako hold of corporate Issues on an increased scale, owing to the amount of new financing which will havo to ho conducted con-ducted during tho first quarter and the remainder of 1913 Hysteria has been primarily responsible for much of tho recent re-cent weakness, for which reason wo believe be-lieve that there Is little warrant for pressing the selling side on tho breaks, but at tho same tlmo a. conservative attitude at-titude when .buying Is advisable, particularly par-ticularly Insofar as the Industrials are concerned, as same will doubtless be called upon to bear brunt of fears, hesitancy nnd pressure incident to discussion dis-cussion and actual revision of tariff schedules during the next few months. Boston Mining Stocks. James A. Pollock & Co., bankers and brokers, furnish the following, received over their private wire yesterday after-noon: after-noon: BOSTON COPPER RANGE. I Sales. H. L. jCIsc Algomah I r;j) - - Butte & Balak I cjl 33 -A Butte & Sup ....... 2,317 43 42) 42 Cal & Ariz 3o(J 747 irA 74 Chief Con i.coo ii jj 'j5 ? ,"s.c "s 52? 525 52 Daly West ..." 1 ij 4- Last Butto 900 US 341 144 Ulroux Con 250 33 ni 30 Granby. Con 75 6Si OS GS Greene Can 445' 01 94 9i Hancock 1 05 -3? 05 Ind Copper 155 152 5 Jns.P 40 185 1SZ ISi Lake Cop 300 27 27 "7 La Rose n oj, nj Val ill 112 11 J ?cv Con 201 ins "ni Nlplsslng fi0 s V z North BButtc 790 341 344 21 North Lake CO 5 3 3 Tiav Con 50 202 20C 202 Sun & Boston 150 12 ii n Trinity ..I n? 1? if U S Smelter 435 $ M 4g d Pd 50 4d 50" Utah Con u i0? V'f Pond Creek scj 2", 20 BOSTON CURB CLOSE. I Bid. Abked. Alaska. eo "rile n rn Begoic 5 5 g--o Basic & B B t.oo i Isev Douglas I S W Miami f r'nn Bingham Mines t so" 4 S71 Butte Central . 7 75 i g0 Calaveras I A y,x Majestic ' 4 r Ohio, Copper South Lake A 71m Butte & London '.m VV Oncco I'fi ,';, Michigan-Utah ; koo 1 05 Michigan n on "'nx Old Colony , s 37 s 7 Victoria 2 00' S'Vn Wyandot '..) T 50 SIoo Kerr Lake 2.50 H,G"i Tuolumne o C9i 'J Massachusetts jf.'os n'oo Shannon 11 -71 io'aX Winona ..WW;; OO1 Ylo Kijwocnatr 2.0o j.oci "ml 20.50 27 00 Ojlhway 2 -0 ( o )i South Utah .4 30 Utah Apex ...... 2. 00 2 P& Greene 0,00 s rI Mayflower J4.S7X 15.23 American Zinc ., 29.00 "9 Arcadian I 2. 50 "i'.'o'q Pond Creek 2s. 00 js |
