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Show SHORTS HAD RATHER UNCOMFORTABLE DAY Logan & Bryan, members of the New York and Boston stock exchanges and Chicago board of trade, 160 South Main street, furnish tho following, received over their private wire "yesterday after- j noon: ! From Logan & Bryan's New York of-flce of-flce The Ehorts had a. rather uncomfortable uncom-fortable day. There was a marked inquiry in-quiry and demand for stocks from outside out-side sources, and offerings "were relatively rela-tively light. There has been a pronounced pro-nounced change for tho better In the : mood of the financial community during i tho past few days, the same npparcntly having been engendered by rather well defined reports and conclusions to tho effect that the railways will within a reasonablo period ho Informed that the i interstate commerce commission Is of ! the belief that Increases In freight rates are essential and should be granted, though it Is not anticipated that the ap- I plication will be allowed In full. The counsel for the commission has admitted In a general way that the carriorn are entitled to som relief, which, taken in conjunction with tho rathor forcible and lucid manner In which the railways presented pre-sented their jiido of the issues', has convinced con-vinced many good Judges that relief is not far distant- Xegotatlons In connection with the Mexican matter arc reported as progressing pro-gressing in a satisfactory manner, and, inasmuch as influential leadership has developed on tho buying Jdo of the stock list, and bb the xhort Interest, Judging by tho borrowing demand. Is btHI of good proportions, it seems likely that security prices will advance materially from ex isting low levolH in the absence, of course, of the situation being complicated by new occurrences of an ndvorso nature. It appears as if the Missouri Pacific financial finan-cial needs will bo provided for within a relatively short time, at least signs arc not lacking of a disposition on the part of prominent bankinc interests to Investigate Inves-tigate tho road's condition, a thing which 11 is thought would not bo undertaken unless un-less intentions wero serious. From J'alne, "Webber fc Co., Boston Tho buying movement continued today. Stocks were in good demand and there was no prcssiiro to soli. Local stocks rally easily and look much better. Copper Cop-per producers' statement will probably bo poor, owing to a heavy decrease in coriTor exports in April, but the position of the metal Is strong and any revival of Industrial activity in this country will cause a sharp advance in the price of coppors. From tho Gallagher curb letter, Now York Market opened quiet this morning, but toward midday a buying movement started, which carried tho entire list upward. up-ward. Gains wero concral and advances well maintained until thn dose. Particular Particu-lar features were the oil .shares. Hiker and other tobacco stocks ami tho, Maxwell Max-well Issues were active, tlx: latter selling at now high records. Bradi-n led tho coppers, but trade in tills department was limited. |