The times. [volume] (Washington [D.C.]) 1897-1901, 1900-09-07

The stock market this week is only
not quite so dull as that of a week ago.
There is no positive virtue in it. Bust
ness is small and prices fuctuate within
narrow limits. The professionals furnish
nearly all the business, the investment
buying being only a small feature. In
tone there was little difference between
the business of yesterday and that OF
last week. 1t can be seen that actual
holders Of securities are refusing to sell
out. but on the other hand neither the
leaders nor the public are in a mood to
buy stocks, at least openly. So much
having been said, however, in Difference
TO the still prevailing dizziness, it is per-
Missile 10 state that many conservative
people expect a change in the situation
in the near future and change for the
better too. These people say that under
the surface there is steady and signih-
cant accumulation OF stocks by important
interests and that this can mean nothing
except that there is to be a boom, great
or small, according TO circumstances.
The news yesterday was extremely
meagre. The banks have gained nearly
81 SOC. 600 since last Friday and good
bank statement is promised. The move
ment Of money to the interior is small
so far, and many believe that 1t will not
lie important at any time. They point
IL, the fact that the interior banks them
selyes are better supplied with funds than
ever before at this season OF the year
The new circulation taken out by the
New York banks will also be factor
this autumn. as although the banks notes
cannot be held as reserve by the banks,
they can be sent West and South and
will be. without doubt. Money continued
easy yesterday and there is no immediate
prospect of any change in this regard
London was a buyer of American seeurl-
ties.
Wall Street is much interested in the
different developments in the political
situation. but it seems to be the fact
nevertheless, that they have little effect
on the price of stocks. II the truth were
known il is extremely probable that the
bull leaders intend 10 begin their bull
campaign this autumn whether Mckinley
or Bryan is elected. They are not nearly
so frightened at the better and better
prospects of Mr. Bryan as they ought 10
be, according TO the bears. Yesterday
The letter Of Mr.. 0lney to the New York
WorldT was read by the entire street
A rumor was sent out, fathered by one Of
land will come out for Bryan In the near
future. The election bet talk was much
more favorable 10 the Democratic candI-
date and there was no Mckinley money
in sight at the recent odds OF to 2.
The most interesting news Of the session
was probably the earnings statements.
These we're both gross and net and all were
favorable. The Missouri Pacific gross
earnings for the fourth week of August
increased $4,000. For the month the
gross earnings increased 100000. The
gross earnings of the Norfolk and Western
for the last week of August show an in
crease Of ST 500 and for the month an in
crease Of S236,2s9. The Chesapeake and
Ohio gross for the week decreased 500, 721,
and for the month increased S209. 1854 The
Ontario and Western Ear the year ending
June 80 had surplus after all charges Of
ss5s.02i. as against s6s6.3e4 last year, a