Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-09-17
Stocks We're Weaker, With Tendency
Toward Dizziness.
WHOLE LIST SLIGHTLY LOWER
Coal Strike and Politics Both
Deterrent Features.
GENERAL MARKET REPORTS
Special Dispatch to The Evening Star.

Special Dispatch to The Evening Star.
NEW YORK, September 17.-Opening
prices were lower this morning as the re-
suit of the strike in Pennsylvania, but sup
porting orders soon exerted themselves and
forced some covering and moderate rally
AT the advance dizziness became pro-
nounced, and the street argued from this
that the strike was only an incident, and
that the real difficulty with the market was
politics. Advices predicting an early set
tlement of the difficulties In the coal regions
made little impression on the market be-
yond soaring few shorts into a short
lived covering movement.
The tone of the comment In commission
house circles again indicates fears OF a
hgher money market based on political un-
certainties and the demand from the in
terror There is nc longer any doubt of an
almost unanimous desire on the part of
conservative operators to delay activity
The day-to-day changes in sentiment
makes no impression upon this class of
traders, the main question cannot be solved
much In advance of the elections. and there
VIII De little effort made to force a move
ment In which fractional changes only are
possible. Meantime the professional ele-
ment is in control, and it remains to be
Seen to what extent they may be able to
brighten the public into liquidation
The several pools have sold some stocks
during the last few days I'm the belief that
the public would shortly take fright. COM
mission houses have sold speculative hold
ings on the same theory, and preparations
have been made on all sides for lower
prices. But dullnes5 has settled down upon
the market again and banking interests ex-
press Willingness to buy on scale down.
The coal strike is not the only symptom
of difficulty, since evidence of unrest is WIS.,
ible among steel and iron workers. In
the latter case there is less urgency in the
thn ma tfa-v h. 60
before taking a serious turn. The stocks
as low as possible during the opening hour,
but rallied later inside support
The railroad list was under pressure
during the first hour, Union Pacific Atchi-
son and all the Changers eaching the low
est prices of the month The selling Of
these issues was credited to both long and
snort account and due entirely TO the fears
which influenced the trading in all parts
OF the room A few of the better class and
inactive investment issues We're bought
in moderate amounts by conservative inter-
ests Government bonds We're strong but
the railroad bond list was dull and almost
neglected
The fight between the union and the
miners in the Lebigh coal region was the
center of interest during the afternoon. In
this region the union met with considerable
difficulty in forcing its views upon the
miners, and the success of the movement
hinges largely on the result in this terri
tory. The small volume of trading during
the flnal hour was attributed to a desire TO
await more definite strike news. London
curb prices showed some Improvement
over the weakness of the regular session