Show RALLY ALL AFTER AFTER- 4 RECENT REGENT FALL FAIL Outlook Is for Fai Fair Tr Trading ding Market During Next Few Weeks r 1 NO LARGE SHORT INTEREST 1 I Money Market Decline Proves Pro Beta Bene- I Sleuth to all al Concerned UI und amith Pleading Plead lug ing to 1 l Nd York Jul July 8 S The Tt The c outlook for forthe forlie or orthe the lie n next few weeks Is for a fair fall tradIng trad- trad In Ing market parket It I is still sti too tuo soon soomi to anticipate an an- atc any ny general generl Upward up In move rn ment nt The re market t ma may be entitled to toa toa toa a fair rally after this recent Cal fall but that Is la all al that can be expected at this hiPs time in fact the market Is more inure likely likely IkeI like like- Ike- Ike I ly to decline than advance At the lower level hovel the he market Is a much safer one on which to operate than at any I previous time this year Liquidation has Imposed a severe test but lut failed to r reveal al any weak spots spoLs of Import Import- ance In Iii case of any further stringency string string- ency emmey elcy In mone money lower prices of securItIes securities ties tes are IH pretty ty sure to Colow follow Unfortunately there Is no mio 10 large short Interest in the market on which to depend de do- pend end for support Stocks have havo been going Into stronger hands the lie last few days apparently for the purpose of checking too rapid declines There Is Js still sill sti ho however ho over an enormous supply pae present and prospective of new issues which have yet e to find a market the lie tw total I Issued the la last t six months beIng beIng being be be- ing estimated d at of which were wet bonds an and 22 sto stocks sueh l This Is 18 an enormous output sluice since the total for fOI the entire entre twelve months mouths of 1305 1905 was less les than Under such circumstances circumstances circum circum- stances Investors are arc natural naturally apathetic apa apa- and amid dl discouraged On ull uhl ul sharp mile rallies the time market was a profitable sale and a good buy only emily Ol on pronounced ed eul breaks ee D Decline lm Pro s Beneficial I n I. I The decline In the time money market has proved pro beneficial to 0 all ni concerned and has he been n distinctly pleasing to the lie ordinary y speculator s For the tie nex next six weeks or 01 until crop demands assert t themselves It I should be clear sailing in iii 11 the money moneS' roam markeL After that lint business bus bus- lus- lus iness mess n necessaries c will wi como l first and speculative wants ants last last There Is a greater graler abundance of money motley than usual In the time West and antl each year ear that section shows a growing gowIng ability to finance Its Is crops Without dependence upon Eastern bankers ers Material aids altIs to tu the money moncy nark t arc aie moreover to 10 be bt expected either from gold Im Imports Imports un- un ports which promise to Increase ase via Ia Australia and tho the Klondike or through an expansion m lon of the lie currency which wIll wi Le be p promoted by i Isue Issues of Panama canal bonds a and auth Hl other government gov gov- oper operations lon t The ho drop lOP situation Is excellent and antI good yields are promised General Generl justness business too too looks hooks good and only the summer summer stagnation period will wi prevent ai ho bohrn ln ito to ensue in inho 1 ho fall all |