Show I FINANCIAL and COMMER COMMERCIAL BY lY TIO THOMAS C. C ELK New ew York 1 11 Stocks i Stocks c cnn cnn- n- n d reactionary today tolay anti and American Ameri can Locomotive won the doubtful honor honorof of or being n a lender leader The mc real cause of the decline W was S an Incipient crop care cire but the reason given W was the thc election In Maine next week Tho The men In Inhar charge har c of oC the he market express no concern con Colt cern over O Cl the Maine election but they do to recognize that storms such aa as Ut arc are arenow now r ra ragIng a slip along the time Atlantic coast are usually followed by much colder weather It I is 18 not believed the thc storm Is severe severo enough to draw frost but It ItIs Itis Itis is liable lable to gl give the time corn curn belt bel a period of or If crisp which will wil furnish tho time foundation lon for a corn crop scare As corn Is 18 two weeks late anyhow a few cw cold colli nights might reduce the yield very materially Chicago o speculators recognized Iltis Chil fact early carly In time the cn day and put December corn com to a new nets high record I In An n tra trade e developed this week has been responsible for Cor an ad advance nil nil- vance ance In sterling rates that gave S e an in excuse for lor advancing call money monc rates rales Believing that thul the thc export movement mo of grain would grow continuously many mummy Now New ew York bankers sold short sterling bills bis The Thc foreign demand for grain rain and wheat fell cli el off sharply tl thus re reducing reducing re- re cueing the time number r of or grain bulls In tho market This compelled bankers to bid the tile price prie up sharply to cover CI their commitments I ii Mock I ck Heller ICI I em harriman stocks yielded c as time the financier drew rew le nearer to lo New ew York There Thore seemed to be a 1 feeling that thai on his Imis arrival he Ile would take p per on-il on chorte of or the tile market which during his absence has been In the Inc hands hand of ol o two fearless young oun millionaires of Ibm tho Standard Oil 01 party The Tho reaction ma mahave Un have been due UC pall partly 1 to lO the thc opera i ra of oC these young young men In evening up 11 their contracts so 0 as us to enable them to hand the time market to Mr 11 1 n In as asgood asgood a. a good condition as s thoy boy received It I. I The Tho 11 market was only lent to them anyhow and they have 11 0 no right to use It Il when Sir Mr Ir Harriman Is In New ew York Railway Halway Hal Hal- Rail broke about eight way Steel Spring points on a rumor Unit that Us Its Is capital would be bc conserved In the same IC way as that of oC the time American merlean Locomotive cu company I PI Distillers Is 18 another lot her stock luce that seems to be booked for conservation of oC capi caid- tal tat Traders In distillers never nevol speculate late hate In Us its Is stock unless Informed that It I Is IrE sure rE to do BO so tO When they were hulling bulling time the stock stoc two Uto years u ago o they forced tho timo directors director to increase the dividend to help them item out The rhe decision of the United States Slates Circuit Court of Appeals declaring the th commodity clause clauso o of tho time Hepburn rate ralo law last unconstitutional has not created much muth excitement because the tho decision was In the hand of oC loading bankers on in AU August 1 1 and ont It I hail holl been fairly wen well discounted l' l i lug Hie lIaIse Us Its Is promulgation naturally causes but coal trust In Insiders In- In abhors siders are arc profi of oC the opinion that will wIl bo ho a great n. n rome c o as us soon loon as the public realizes what the decision means These people say Hay It means everything done dOlo h by the thc Roosevelt el and by tho tIme legislature legislature leg leg- Ics Ics- oC or the various states in lh the way of controlling corporations will wil he be nullified minified by the Supreme court court Publication of oC the official prices of or ortho tho time steel trust as compared with the same Hare prices of oC last year discloses the fact act that every cn c Important product on omi the list has been leen reduced except steel ra I Is ral James J. J lIlli appeared in the street late this afternoon and was un undoubtedly c edly ly con congratulated on his lila success In snowing showing 45 5 2 cents saved cu a out of e er every r i dollar o of gross Income of oC tho the Northern Pacific in Its last published report report B. B Is 11 11 Harriman has lias been saving 15 iS cents of oC 1 er c every dollar dolar earned by tho time Southern pacific while Jm was only able to save S 12 cents Incidentally time the figure it Impossible for Coa either Hill HIl 0 or n to 10 to Join tho the campaign for lor certainty certainly raising railroad rates rales for they thoy cannot ask a greater than titan 46 15 6 cents on nit dollar of oC JIO gloss S receipts Canadian Pacific saves 30 0 out of or the thc dollar and the time New Nework ew York ork Central only 22 cents The curb market was wag fairly active act o with wih features T an and amid strong In 11 I lIme Hie Street Number of shares of or stock alock sold today tOllay 7 61 same lIly day a year ear ago aso 81 SIS SIS- V 3 33 Par value of bonds sold suld today same day a a year eul ago 2190 2199 I in income In- In In ln the the tue street the first st preference the Central of Georgia bonus of or come collie boulI CUIC been passed om pan ICCI Railway company ha 52 Broadway Prince WhItely of or No C protective committee om are arc organizing a u c 1 I of oC a large laigo at t the time request 1 ct oC of holders amount of the time bonds of or money muncy for Cur or the time movements Known wn week weck Indicate a lo loss s in cash l by time tie banks or of Depositors po of 1 time tho New Nett lW Amsterdam nm the panic c. c bank failed dur during ng pan cent of or 40 additional per O received an nn cd their deposits po hs today todY This makes 00 90 0 per cent paid to date has lias de decided decided de- de Steel company compan The Algoma Its plant Ilant next f r cl cd to open Instead of Is October 1 This Is due day of several rush or ordem els el's time the receipt to tu tal Including tons lons front from rom the time for fOl or ral rails Pacific Gr Grand nd Trunk for refrigerator cars An or order cr l Atchison Railway company has Imas for Cor the Halwa been placed with tho the Am American canCar Car Foundry company The Chicago Cin Cia Cincinnati i 5 l Louisville lle road rond nas ordered 8 Shippers box cars cams and the time Dairy Dalr Dispatch 1000 1000 ton thirty refrigerators |