Show e t e II I and COMMERCIAL U t WALL STREET I t ny THOMAS rAS c c. j i New ew York Jul July Sou 2 20 Southern l-Southern thorn l 1 self I 1 railway securities JJ assumed lea derail I n of the tock stock market coda today and will t I a material net advance ance for Cor II U Ith It- It h cl It the Balance of the 11 lit I tom to higher level T The fhe he Hill VIII Hl stocks alock Mon alone 1 stubborn n and although strong re rt re- re fused to participate te much in the gentl general gen gen- oral eral good tl feell feeling K Union Pacific an heading ding u were close behind Southern te J leadership ad of Southern Pa Pa- chic is very ory popular us M e knows that It Ills la is able to pa pay even large larger dividends than are facing being handed out GUI Even fils dissolution o of oC the tho Harriman monopoly m monopoly mo mo- o will improve Southern Pacific for It Is really the backbone of that tha monopoly mid ns nl nn an Independent stock the security would he be very much 1 hi higher he than ban at sit present on merit alone Th Thor Then In Is talk of or a n. C G per Ier cent dividend This ThU proposed advance was exclusively ely made mad In Jn this column several se months ago anc and t J J the tho promise will undoubtedly bo kept ce t tj j I u nil It t came from tho the right people Ju JUK JUIt s I I when the official announcement will b bt i. i made however Is not known t i The Tho bank statement was In harmony harmon I with the money m market t and showed show d a nr nn r I Increase In n every over Item Deposits In In- increased creased crea ed o cash Increased i loans Increased and surplus reserve re re- serve servo Increased 2 fui I. 1 1 The General Electric company compan has I announced the complete success o of Its bond Issue and the American J Telephone and Telegraph company also let It be beI I II known that Us lis stock issue had been a success K IG j per cent of or It being being- taken I under the old offer otter i I C Ct j I Official prices were weT but a 1 shade unI un under under un- un I t tl der r the best o of oC f the 11 day a Sentiment e nt was cheerful and the short interest was i large larKe enough to lo be worth while I I The he curb market marlet was steady but hut In- In In Ina a active tl e In HIP Ile Street Tho rho number of oC shares of ot stock sold old today was a 0 year n ago o tho the same lIno day da 3 shares Thy Thu par value le o of bonds sold today was iO a L year ear ago the tho same day lIa J 1 0 II lid ii I London is trying to 10 talk talle down enthusiasm en en- In tho the Harriman Issues but out the stocks advanced there thero In spite of oC tho tio pessimistic attitude of oC wiseacre financial cutters writers who never change their minds Trading on the curb market market mar mar- ket was dull but steady No 0 particular could be bo said to lead the mar market et j but hut strength was shown In the tho Nevada Stocks while Weakness prevailed I in th the the- Cobalt issues Goldfield Daisy N L sing Utah Nevada and amI Trl wore worthe wor f f the most actively el dealt In The opinion of oC disinterested critics on I tho rho copper conner dividend Is said sold to be that on 1 It bears out the idea flea long entertained r j. j by hy those close to William 1 ilia 01 Rockefeller I r I. I and II If IF IL Rogers that tho the policy p o oI of oC oCI I tho tiro latter hitter Is to make Amalgamated a 1 high class investment property Clowns Jn l I Prices r ces J. J ames A. A I Pollock C Co ank bankers T and ami brokers n 6 Nest W tt K oth t fur fur- f vU ov over C their un wire yesterday afternoon un h. h Low w. w Chi r n c i Cht t I or m Marnna Cu tl F Id I'd j t In i r til f Am Loco com corn t 09 9 t 69 j h m t tAm stay 9 Am m Smelt mell com corn r 8 1 4 1183 4 T mall mali Copper W 12 5 i h 1 2 1 Ana It no a Copper Cop cr W i CO ro CS rs c cAtch Atch com 02 82 92 c Matt Bait and 0 O com corn S SS I 4 OS S I Brook Hup Tr 11 C 5 ai 67 57 M rh W i. i Can Con 18 8 liS Ch Chem Che and mitt Olio Ohio 3 Y 35 3 i 31 1 C M Id and aull St Paul 13 1351 i 13 1311 1314 Colo F I 1 and Iron 32 32 wl z 31 4 31 J Erie com con 2 Y 4 25 25 4 25 5 4 Illinois Cen Central 11 14 11 It 11 Louts and Nash HSU 11 k 11 M It t J K and T corn com i 35 35 Si 2 K 35 Ij OJ i W 4 I Preferred N T Y Central 11 l t 11 1 4 N Y 1 C and W W. SMi ii G 4 3 3 t i 3 h Nor 1 17 li II lZ 1371 i Pennsylvania 23 sy lm I J Reading com corn IOni 1014 IM I Rock tock 1st com con 2 22 1 2 ii 22 2 22 2 1 i So H Ry fly common OU 2 O i O 3 ti So Pac Pae common f F Ej j 82 S 84 5 f Union Pac coal coni CO 1 id i'd IH U S Steel com coin 35 M t 37 31 S SG 4 r Prof Preferred erred 4 14 4 I f Utah Copper 29 1 i 29 i 29 Vi 24 roan Tenn Copper 40 40 O 40 40 IO 10 Newhouse I 1611 16 9 16 15 1 18 91 9 fly 91 5 9 i 9 I Total sales shares share r I I New N w York Jul July 20 bank clearing report for the week ending end In July Jul is J 1907 shows bows how an nn aggregate of or E Oo let 9 Ol as against a t fI last Jast week and In the corresponding week last year Canadian clearings last wp fc and r. 75 o j in the thc same week last year e earr Inc De Doe Now r- r cw iW York Ii 18 8 Chicago Boston BORton oo J 0 Philadelphia hla 1 1457 4 41 t tH St S1 H Louis I. I Pittsburg f 4 I. 7 78 18 8 San Francisco co 43 4 St Baltimore 79 isI 79 Kansas City City 60 Cincinnati Cincinnati oJ New ew Orleans Orlenna 31 11 Minneapolis t Cleveland Detroit It t 0 ns Los LoJ An Angel Angelos 99 Omaha CI Gl Milwaukee Il Seattle JO St. St Paul Patti Paul 0 Denver Salt I Lake laJe CIl City 00 Portland Ore 8 41 Rank wl Statement New ew York Jul July The O.-The 20 The statement o or of clearing house banks for Cor the week shows that the tho banks bonks hold bold more than the le legal 1 reserve requirements This is II I Ian IIan an In Increase of oC as compared with last week The statement follows Loans UI j Increase e l Deposits Increase Circulation 10 iO oI Increase r egal Tenders Decrease s t. t t Specie 1 Increase Reserve Increase R to erne er required 2 3 17 Increase Surplus Increase U. Ex-U. x-U x S. S Deposits Increase Porel n Stock Stock Market New York July There 20 There was little abroad Paris and Berlin were both oth firm with an nn advance In discounts at t the former ormer center London was dull hut ut steady with sentiment cheerful were stead steady at London with somewhat Irregular fractional changes nother J smart drop in wheat prices ex ex- over u a cent a a. bushel was accompanied b by further favorable crop reports notably In the Northwest The bank statement was favorable and yen even more so than most people expected The increase In the tho bank surplus was The cash gain reported was my or about one-half one the mount amount estimated d yesterday Bankers old eld that the improved bank statement was as confirmatory of oC recent forecasts that the ic e money market will show further slow relaxation during the next few Cew weeks at least nat Government Go New r-ew York July 20 United O. United States government got gov bonds bond closed unchanged l i pontes Copper James A. A Pollock Co bonkers bankers and brokers 6 W West t Second South street 0 h the following following- received over overt t their Ir private wire yesterday after after- r- r x oon eon t 1 n- n C. C Con 10 V l Vi IS 5 t l 1 f 2631 C iT i baton loston Con CO ro W i r 4 tte lutle Coalition fn I 24 r h 2 1 3 and anil London T 1 1 1 on on Mercur i 47 47 17 47 Fly Ely 8 5 87 i iSO Oi OiW I Cop op flange H. H SO W Fast Kast Butte nutte 25 i 10 10 10 Greene Greeno Can 16 16 1 16 1 Daly West Vest IG 16 Nevada uda Con Wo 14 HY Nevada Utah 00 5 North Butte Butto 2115 sm S1 s. s 0 13 U S S com corn Preferred 43 13 43 United Copper Copper DOO 61 cm GH I Utah Con IG 46 2 C and Arizona 35 1 ICO 3 Davis Daly 1100 1215 12 12 10 IO 10 1011 10 Trinity I ty HO 23 22 Y h liO 91 9 94 91 Utah Apex G C C 6 Shannon 17 lH Ii 17 I New York Curb LISt Closing quotations and sales on New NewYork NewYork NewYork York curb furnished b by private wire by Badger Uros brokers ICO South Main I street Sales Low High 9 OSe Cent J ham Con 15 1515 1 4 Boston Con Con 27 7 7 Butte Butto Coalition 25 2 6 Cumb Climb Ely Eh y I s 0 9 9 Dom Copper J 4 C Gs Ge Daly West est 1 1 u 16 Ely Jy Con lil 1 I Giroux II 10 SU Sli SU hh J V Greene Grene Con So 20 Greene Can 00 15 1 15 1 l n 11 i King Icing Edward BOO mo 1 11 1 II 6 1 Nevada Con Coil 11 Newhouse 15 1615 10 Iii MO 00 1 10 lG 10 10 Utah Copper Copper 30 I U S com corn 4 i 41 44 I 1 ICon Utah Con 47 Nevada Nev 24 27 |