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Show STOCKS CONTINUE FIRM, BUT TRADING IS SLACK Quotations Are Good Despite the Pact That' the Total Business Is the Smallest of the Year. By BKOADAN WALL. By Jnternntinnal News Serri.'p NkJW' Y0,!K- &lay 22 Stocks were M.m toclny in Kptn of the extreme dull- ""r. f'"' k'"ay Was '"'?-t cr the Th,. t,)( turnover ainonntcc) tn P3 (inn do, ruJ"U,tKO:'hi",i oC the business uoi.e before 12 o Vloeit .mmveU'4,n'? is a "" virtue on an ra ,arl'' a"'1. !it0,'k brokers ,av be panloned fr a pess.mlstir view res.-n-dinz adv,,', ;,r''.' ;' or ,'"-I"'tnl,OM. "Prices f. rle h " !'rt','" v 1,1 th" BB' I'Rlf hour t nbVieVl I"", nK lhal A,,,lf'n Had r lp,Ht""".v at the Nv Have,, i'.iun. Xiselosures have left . had im- 1 fr"",;1 l'lK! slrel- Hnd it is more difheiilt tnan ever to arouse public interest in-terest ( y form of railroad seeurlty. disappointment was folt that Missouri Pacllic note holders had not responded moro promptly to the request for an acquiescence to an extension. Every effort ef-fort should be made bv all classes of Missouri Mis-souri Pacific security holders to set together to-gether and avert a receivership As pointed out by a well-known authority, au-thority, if the matter is allowed to get Into the courts the proceedings will be both expensive and tedious, with small benefits to anyone except the attorne'vs Monday is the last day for the deposit of the notes. Wabash at Low Point. r "Wabash dropped to 34. a new low point a shining illustration where a little lit-tle of the Ret-tosothor spirit would have made a Inrse saving months ago. Missouri. Kansas & Texas preferred sold off 1J, to 40, while Chesapeake & Ohio rnse ahovp 52, this tnank? to the ; -shorts, wlio felt confident that a dividend , reduction would occur at 'Wednesday's meeting. Perhaps when the next dividend divi-dend meeting comes around the expected Ctit will hp. made. Although Steel common was the most active stock, less than 20.00(1 shares changed bands, Knroiiragmg reports of trade conditions were, quoted, but the dealings were entirely limited to the floor traders. Copper stocks were firm, with a gain of 3 In Uta.li. Next Fridav action on the dividend will probably be taken by the dire.-tors of this company, i London was still worried over the situation situa-tion at Paris. Arbitrage wa s impossible, as both markets were at a parity immedt-, immedt-, ately after our opening. Trading In bonds i showed a further red notion i'p volume. Prices were fairly steady, with unimportant unimport-ant changes. Sterling Exchange Strong. Sterling exchange, again closed strong. Cold to the amount of $2,000,000 was engaged. en-gaged. Of this $1,500,000 was made up of coin and the balance, 5500,000, bars, all for Paris. More gold was under tentative engagement for shipment next week. Preliminary figures for tomorrow's bank statement indicate a currency gain of about $8,000,000. This will be offset, in all probability, by a. Turther expansion in loans. Lehigh Valley, for the rnonth of April, showed a decrease in gross earnings of $155,600. The loss in net was only $36,000. New Haven made a net gain in earnings for the same month of $34,000. Warm weather, midsummer dullness a nd an indifferent public have driven a majority of the stock brokers out of town for the week-end. |