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Show FREIGHT RATE TALK EXCITES THE MARKET Logan & Bryan, Investment brokers at 169 South Mala street, supply the following, follow-ing, received over their private wires yesterday: yes-terday: From Logan & Bryan. New York. Despite De-spite much backing and filling and quite a llttlo turmoil result Imr from conflicting news as to the attitude of the president in connection with tho advance rate cases, tho stock list closed generally higher. It was said In the beginning that tho Chief executive Is taking- deep Interest In-terest m the freight rate decision and had urged that tho Interstate commerce commission take action; also that lie was assured that there was no likelihood of tho decision of the commission being delayed de-layed until September. Later another authority au-thority quoted a Washington dispatch in .which It was stated that Chairman Clark of tho interstate commerce commission had stated that tho commission had not communicated with the president relative to the proposed Increase In freight rates. Just before the close. Washington advices suggested that Commissioner Harlan will have somo definite announcement to make at the resumption of hearings tomorrow to-morrow as to the approximate time when tho commission will announce Its decision deci-sion on the application of the carriers. It Is the concensus of opinion in. good quarters that the president Is cognizant of the fact that early action on rate matters will be necessary in order to revive re-vive general trade and permit tho railways rail-ways to enter markets for labor and materials ma-terials on a large scale. Much new financing- is pending and It does not seem probable that Investors will abuorb on a largo scalo the funded obligations of railroads rail-roads unless some assurance is given to tho cfTcct that our largest corporations will be permitted to earn a fair return on capital Investment. We regard the action of tho slock market mar-ket today, despite the sharp fluctuations, as being on tho whole satisfactory ami indicative of tho fact that the volume of long stocks dislodged on docllnes Is not sufficient to make selling operations very-profitable. very-profitable. Advance Expected. From Paine, Webber & Co., Boston. The market was weak in earlv trading today, due moro to bearish operations than real liquidation, the latter being decidedly small. As was e?:pected, the demand on tho decline was good and prices advanced easily. On published statement that President Wilson would urge a more speed j settlement of the freight rate question market advanced sharply, but was raided in the last half hour on reported denial by the prosident of uny such action. The close, however, was Arm at general net advances for the day. Wo think market in, a sound position posi-tion for a much further advance. Calumet & Arizona Dividend. Logan & Bryan received the following over their private wires yesterday afternoon after-noon . . Calumet &. Arizona has declared a dividend divi-dend of 51.25. Superior & Pittsburg has declared a dividend of 38 cents. Ore and Bullion McCornlck & Co., bankers, announced the receipt of ere yesterday valued at J77.000 and bullion shipped out valued at $110,000, a total movement for the day of 51S7.000. Nevadas in San Francisco. Logan & Bryan, investment brokers at 169 South Main street, supply the following, follow-ing, received over their private wires yesterday yes-terday I Bid. lAsked. Goldfiuld district Atlanta, $ .18 ? .19 Booth ' 05 .06 Blue Bull (i .05 C. O. D .04 Combination Fraction 13 Daisy 04 ....... Diamondlleld B. B , .04 Florence , 52 .54 Goldllold Consolidated .... 1.57S . Kcwanas. .. 05 Jumbo Extension 24 .25 Lone Star 02 .03 Merger Mines 12 .13 Oro 14 .15 Sliver Pick Consolidated... .08 Vernal 04 Yellow Tiger ... 01 .02 Manhattan district Big Four .16 Dexter Union 02 Manhattan Consolidated .. .03 Manhattan Dexter 02 Ot" White Caps '10 Comstock district Consolidated Virginia 29 30 Hale & Norcross 03 10 Mexican . . , 1.175..." Ophlr t)G .GG Savage 11 .12 Sierra Nevada ji 33 Union . 22 '"R Tonopah district Belmont 7.90 ... Cash Boy .OS ,ob' Gypsy Queon 03 04 Jim Butler .95 Tonopah Merger GO Mldwny 39 JjJ" j Mon. Pitts. Extension 07 .08 I Montana 1.02 ' Mlzpah Extension .4c" MocNamara - .10 .11 I North Star .38 ; Rescue Eula 15 .jo Tontfpah Extension l.G2i West End 1.30 1.32J Other districts Pitts. Silver Peak..., 35 Neadi Hills .40 .41 Round Mountain ' .44 |
