Show r. r fl FINANCIAL ii COMMERCIAL WALL STREET S r llY BY THOMAS C. C SHOTWELL c IJ New ew York Aug Stocks 14 Aug went crash lug IlS to W low Jow v. df levels ln In Vall aU street lo to- to- to dl day The he m market rk t ended In a condItion 4 o of ot almost t complete demoralization Itea'S Ren- Ren S 'S ons SOIlS for or tl the thc whUa whilo cola collate se seer were vere er so evident that inVestors In hurried led to turn their i securities I stood S b by aid and rt sold with the tho deadly stool or deally certainty Immense profit pro nI ons f for Selling 1 t The most noisy reason l-ason hen given for the of stocKS was as the of Pres- Pres J M ident Ilent Roosevelt l to make an V announce announce- 3 0 ment of his administration Si fm f V 8 to abandon the policy polk of oC punishing resol re- re baters The Thc m most St ImP rea reason on for sol selling n was the fact that tb lb the Consolidated r r. r Gas S company compan was compelled to pay per cent for for S Jh one and r. r If S thAt the n r year Pope POle PC Manufacturing ra l' l company v n. n went rEnt Into the hands of S a receiver be- be C could Uld not Ot borrow monc at coull money any at-any price tan any Some Other Course CoU C b Other t Important reasons Were not Sack a r ing Irig Ins Tie The impending collapse of the G Impending cla cop con copS S per metal meta market wa was on one of them hem The hc cor coming cominS reorganization of or the InterI Inter Inter- I S c company was anS an nn- other I The Tue overloaded c of oC sevI sev- sev cral Important stock stock- t chieftains chieftain r the 10 rumored distress of several largo man mafi- mar companies in different par Parts S of of th the ha Untied States and the I t 7 Jack of conf confidence ence everywhere In bus busness busts bust bust- s- s ness completed a n situation In which even eve 4 0 5 the tile bravest dared not hope f for r a t- t speedy speed recovery reco I A t of tho the market marlet marl c for n 1 a- a mated Copper COPfer stock caused wild excite excite- mont nt in the afternoon In London toda tola today t f copper metal was sold at the eq equivalent t of C 15 5 cents a a pound In New York Smellers Follow Copper 5 S As 8 s copper tumbled Smelters Smellers iso 10 wen went down 9 l to a new low Jow io record This stock which sold at in the r rally of rues Tuesday blok to 92 n. Henry IJ IL I. I Rogers Ro er proposed In 1 1501 1 to drop the price of J or copper 10 corns a poun pound In or order cr to pet get ct ri rid o othe ot of the 00 pounds accumulated by Amalgamated Interests In the campaign tha put Amalgamated to 13 a a share p Leonard n r 1 Induced him to market 5 It at it 11 ii 1 cents ShOuld Mr Rogers now adopt the thc same means of f working off 01 the tue surplus Smelters Smellers would go so down own with wih 5 other othe- for fat many of its contracts arc la based e on the price of or copper metal metal S New low records were vere made after anS another an an- malc S other othel wild wid smash in common and preferred pre pre- stock of oC the Inte h S company compan The common stock S which was pegged at CO 10 1 for Cor weeks while hiie Tammany Hall Hal was being tilled filled up with wih it i. i sold Eod at the new licus' low record of S s. s Tho The preferred which Tammany was 5 promised should sell sel at par r 1 thIs sumS sum sum- sold the low ion level of or C S er soll at new 5 5 Scared Into luo n a PluTe 5 by bJ the Public Service com com- iSS 4 lf mon t l t. t Transit II cl Into nto n a aRid and 1 e. e r f I H- H I c- c 5 5 e 0 of t eho H gaic 4 S ln ings t for fr the the past al year to h have ve been at i S this Iho rate rata of at 1 13 pet nci Tl cent on the stock r r New Mew cw York Tractions were not nol alone atone InS In S their their troubles but bUl n anno announcement ment was sas made of the tho organization o of a protective committee for minority bondholders er in 1 connection with the Ule reorganization of or orthe the Chicago o Street Railway company campan In that hat that connection lon the hev heavy buln buying of ChII Chi ChI- Chicago York New I 1 cn cago o Subway stock on un the curb was considered ered sl significant S i on Oil the tho nl liis Ones Some o of the IUt-cle IUt gilt edged railroads so- so c called went tumbling to panic prices New York Central Among Amon them was S which sold at li for the first time lime In Northern Pacific 4 tho present century sola sohl down to lo ll 15 a level at which It was put Into Inlo the Northern Securities compa compa- c- c r T ny y C Gleat cat Northern sold at lt 11 hid us r. r S I Is 14 the tIRA lowest price ice on record and Hudson broke to II St. St Paul laul lilt hit lUson tm traded ed In InS Pennsylvania was fl freely freely- 1 S 0 around 11 1 ana Union Pacific at U lh 5 Southern sold eold at SO 1 and Reading S S at 81 Among Amon Industrials New ew York Air Al' Al Alit it S Brake suffered most severely breaking which North American to 5 from from- par Morgan's Morgans pet sold sola down to K w Is J. J I soll 1 i Standard Oil Oi fluctuated violently Ne- Ne S vaila alla mining stocks were steal steady but hut the S. S Havana haS Ha Ha- Issues all l with wih S vana Tobacco told sola down aown to lo 10 a new low Jow Ic c level S f of r Price J anti and sales on New NewS NewYork Closing 5 wiro furnished by private I S S York curb South brokers ICO IGO Bros b by Badger ad cr Main I ln street I lUgh h Low 1 37 3 7 S Vm C C. F. F s Am SmeltIng 2 91 31 Q 2200 22 Locomotive thC 3 W 22 Am m. 5 2 no 30 Am SU Sugar r 12 10 m Am Ala Wool Tool 22 21 22 22 Amal Copper 7 G 94 4 S 43 13 S A S S Cop u P i sn QI StI 1 8 J H. H ana H.-ana and O 0 Jis 90 3 I tl 4 S S Brooklyn R. R r T. T f 47 H 1 12 1 6 lan Pacific 16 32 qI dies Clues nn and Ohio 34 31 3 1 S Che C. C M. M and na St St. P. P P. P 12 ii li 3 19 1771 Q 1 1 I IS' nn and nna 1 I I. I 1 2 24 m 5 Erie Eric Colo Cob 20 f con Y 4 S S Illinois Central lQ ICO 1 12 12 I 10 o Lou and ana Nash lOH 1500 l. l S 1 Mexican Central H 18 l' l GS CS 65 3 67 1 L 1 Pacific o Missouri lh oU lS and T. T 32 35 il SO Kund 1 Y V. C Central l lO N. N 60 Go j 31 31 32 N. N Y V. O. O and ana anav n W. W v 31 o S and aud West 70 o 70 iO u too 10 Nor Il 2 2000 National Lead m H I Iad j. j l Il I. I O. O Northern it t Pennsylvania urther 11 US' US I r- r I 85 1 00 Peoples People's Gas 87 ST 8 81 S 10 s sS Si S O lOlOI-O S Wi Winn 2400 S S nn 0 t. t I 1 S. S 1 i 2 10 and iino S Railway 1 i 1 17 n i 17 Ii Southern Souther Pacific si IU 80 8 so S1 i j j Pacific 1 1213 1 r F Union U. U S. S Steel 1 3 20 IO 4 o preferred lj 9 92 r do o. o Z Z 57 Z SK Z S Utah man Copper Cappel r. r 1 t r.- r. r p Tennessee Copper Coppel j 1500 lW la S S CiL C S. S S Total hales ales 32 edit cent asked 1 t Money closed 2 per pel |