Salt Lake Herald-Republican | 1913-07-06 | Page 9 | Dullness Chief Market Feature

DULLNESS CHIEF MARKET FEATURE FEATURED D Dealings Past We Week k Almost Entirely in il Hands of Professional Professional Professional Pro Pro- Traders New ew York July 5 Dullness 5 5 was the chief characteristic of ot the week in the stock market with the Impending triple hoJda holiday and the oppressive heat as extra etra factors Dealings were al almost almost almost al- al most exclusively in hands hand of ot professional traders and the tho market displayed the tendencies resulting from rom such operations op based as they were ere on flying Impressions of ot bulletin news or more moro rumors An example was was' the shifting effects of or the final nal stages of ot the Union Pacific Pa Pa- chile dissolution negotiations news newe of ot which while reflecting no vital change from da day to day caused wide Ido fluctuations in stocks a affected Another evidence evidence evi evi- dence of ot the narrow professionalism of ot the market was seen in Its Is thinness which was so pronounced that thal orders to sell sel a at t tho the market a usually actio ac- ac tio stock might necessitate a wide wido concession from front the preceding sale An n equally wide advance might result when the room traders turned buyers buers owing to the scarcity of ot offerings It I was evident that while free from material material ma ma- selling pressure there was no substantial buying bulnA demand The money mone market showed Its ex expected expected ex- ex casing easing tendency both here and abroad with the tile turn of ot the half hal year ea In Berlin lerUn especially which was the tIle point of or admittedly greatest strain tho the private discount rato rao yielded a substantial fraction and it was made manifest that anxious preparation for tor forthe forthe the stress of the settlement period had been overdone o Crop prospects are allowed increasIng increasing ing Ins Importance and the government go estimate on cotton coton was regarded as asI highly satisfactory Reports of ot rain I for tor corn and spring wheat caused apI apprehensions apprehensions ap ap- ap- ap I although the amount of ot deterioration caused by dry dr weather In Inthe Inthe inthe the northwest Is the occasion of or some Bome anxiety I