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Show i CLOSE IS STEADY AFTER NERVOUS DAY I Logan & Bryan, members New York and Boston stock exchanges and Chiea- go board of trade. 169 South Main street, furnish the following, received over their private wire yesterday afternoon: From Logan & Bryan's- New York office of-fice Despite much conflicting talk relative rel-ative to the eastern rate cases, the mixed advices as to the status of affairs in Mexico, the stock list after fluctuating in a rather nervous manner during the ma- - jority of the session closed firm on scattered scat-tered short covering and moderate buy---- ing for foreign account. Sentiment in L Europe has been vastly improved as a consequence of the gold imports, and the weekly statements of the banks on 'the other side, which were highlv satisfac-too. satisfac-too. Sterling exchange declined 40 points. which, on top of yesterday's recession of 1 20 points, fostered the idea that the outfit out-fit go of gold metal has ceased at least T temporarily. However that may be, money rates so far, have not been ma-I ma-I ter'ally affected by the loss of precious metal. Heavy accumulating of credits at 1 1 reserve centers is still in progress and seems to be slowly but surely lending cheer to commercial interests who are , finding little difficulty in obtaining nec-essary nec-essary accommodations and who appar- ently can look forward to continued ease II of money in view of the fact that our new banking system shouJd be in operation opera-tion some time In September, if not be-If be-If fore. I'll Rate Decision Expected. Judging by advices which have the J ring of knowledge, the decision in the rti eastern rate cases will doubtless he handed hand-ed down after the close Saturday and then too, there Is a rather, fair prospect of the supreme court making known Its conclusions in the intermountain rate cases on Monday, so there seemingly is t.i sufficient warrant for the belief that the j! stock list will shortly be forced out of 7 the rut in which it has reposed for quite some time- "Whether the movement will work upward or downward, is an open question, but perhaps it is safe to say that some disappointment will be observable ob-servable after the rate decision Is rendered, ren-dered, that it is reasonable to assume . that spme selling may result, and as a "- ' consequence the stock list suffer tempor-ary tempor-ary decline, but, on the whole, we believe : f, it will be the part of wisdom to favor 'J. the buying side, as the satisfactory crop "'- prospects, the well liquidated state of the a security markets and the Improvement in ; conditions at London and on the conti-nent conti-nent should, later on. be reflected by a t more encouraging state of affairs in do-- do-- meFtic circles. From Paine, Webber & Co., Boston. ,0 All trading suspended, apparently waiting for rate decision. Local coppers un-' un-' changed, only scattered selling being in . s evidence with practically no buying In sight. Reports from Washington indl-caied indl-caied that rale decision will not be hand- ed down this week. From the Gallagher curb letter, New York. Oil shares were offered freely on ''.' the curb. Ohio Oil and Anglo being un-:rj un-:rj der pressure. The industrials and some !'; " ne mining shares were also lower, r-' but no activity was seen except in a few J. 1ss"e-e;- Tonopah, West End, sold down to - 7S, but Belmont and Tonopah Mining hell firm around 7. NIpissIng sold at 6A, ;V and the Cobalt stocks generally are the , only one at present that show any arrount of buying power. Close was dull, v. London close. Closed strong and at best level of the session. Consols buoy-: buoy-: : . ant on crood return of the weekly bank of England statement and large' gold im-' im-' j. ports. Americans steady, but neglect-ed. neglect-ed. Canadians moved upward. Contln-;'y Contln-;'y ental bourses were firm. |