The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-12
-o-day-s closing quotations.:


TIE f2lloTiEs synGTsis q the gossip in regard
New York. July u.-LIndOn cables reported
continued Improvement IN -he markets on toe
oth'- side and artItrase brokers' were Moderate
buyers for London account in this market to-day.
;alliEr about 1868 shares during the two hours
Included Norfolk and Weston, Louisville South
'rn Pacific and Northern Pacific Anaconda was
an exception to TIE general buying. and I1s sold
HE bear ciISue tia, has teen at work IN
-. Paul and Northern Pacific In the early
sbpW5 on ,@ mn s. Paui earnnE. far ne ;lss
week Q: July. and on the showing made in the
SgyeTl;en, Sysp repSE, Which was ,,ksn to e9a. 81,
line of the Northern Pacific. There was good buy
ing OF boin stocks on the decline. but when ,hs
r.st cs the list showed strength these s,ocs were
Neglected.
Brooklyn Rapid TTsnsl; was bought by
r. II. BsSel. and the afternoon II. Content
& CO. appeared as heavy buyers The !nprCs-
SION prevailed that mos; Of the selling on ihs
the short interest had been materially Increased
by the publication % the unofficial statement
about what the annual report viii show. tina;
las given out by the reprssentatives OF Z bear
charges in this sta;ensen; said have been
CRAFTY c1agseratel
preferred. indeed 10 GREET extent By the favor
abe crop reports from all along the lines OF
Repeated efforts were madc 10 break the stock.
sspocislly At - but the demand was 50 large
promptly absorbed. Tie sh.rt interest in tn.
stock is said to ,e now very large.
Rock Island advanced IN pool huyine an!
covering 81 shorts. The buying from both
sources Tas based on the crop prospects on the
The feature Of the marie, was the heavy trad
was said 10 be chiefly on orders from Kuhn. I,eb
& -. who are reported TO have taken 5000
been cre.ied W!;s Sevy hnldi s' e. rin
at over iHei1 shares OF Burlington. and hTok
buying OF these stocks was Connected vita neso,
tia,lons IN Snich bctn systems are concerned.
in the day and r IL fhoiaSs ie 90 .'i made ii
cross a. Tt.e selling was scattering and not
c"nri.issicn houses foired in the 6uytnS q
mon Pacific n news AGENCY BULLETIN that
the common stock. ard on assertions by some
OF thu early buyers that the stock viii be put On
;,rsi week IN August
The sharp advance In Harlem Railway shares
burg. ThaLnanr q CO. were the principal sell
sSrs and bad en- idea tina; the buying was for W.
for the sellers and buyers would or could not.
not concerned with the transactions had a nnrn-
Late London cables were as follows:
lSGdon ,. m.-The securities markets gen
,he outlook In China and the easis, condition Of
The mor:sy market Business. however. is light.
securities now display strength after the easier
In TIA, department tho undertone is good.
The Bank OF England sold f2,se 90 gold TO
london, Eveniug-Tre marke. for American
railway shares closed on the curb firm. but very
cnn. The dealings were entirely professional.
Otter depart ments were steady. The Paris Sourss
was heavy. but Berlin Boerse inactive.
The following aivices IN regard to cotton were
received:
New York. Jusy 1I-Cottol closed In Liverpool
about poi.ts lower on and about IN
bureau report to july ] was Offset by favorable
v father since. Tanner advices than expected From,
Liverpool caused this make; 20 open Irregular
about II points decline near and points on
far months. bu, foreigners bought the late fall
points. local shorts covered. causing a recovery
In active months 10 within points OF yes,sr-
Gays closing. II Is a weather market and con-
tinued favorable conditions apt 10 cause bear.sh
feeling. TIE weather reports Of a very IA
yC:aile nature. and doubtless the crop Is making
good proSress. with few weeks Of favorable
v esther It looks like a dragging. lower market
but it woHli probably respond quickly 10 bad
crop accounts.