Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-08-08
Stocks We're Dull Again Today on
New York Board.
ADVANCE IN RUBBER COMMON
Traders Predict Lower Prices, but
Are Sly of Selling.
GENERAL MARKET REPORTS

special Dispatch TO The Evening Star
NEW YORK. August s.-Dullness con-
tinues to be the most positive quality in
the local stock market There ts No a.,
centlve to new business and room traders
ouy ana sell among themselves with no
ambition beyond a small fractional profit
roid shipments are looked upon as mere
rouelne business OF the banks and the stock
market passes over the outflow as a mat
Ter OF no concern Estimates vary as tn
the probable loss during the current week.
but over s5,OO0.oOo seem certain of shin
ment.
The success of the British loan and the
sentimental satisfaction of having the total
amount subscribed for has Temporarily at
least, overshadowed the usual Significance
of the drain on the gold supp.y. Later on 81
may be expected that the practical side Of
the transaction will become more conspicu-
Gus. Politics are slowly forcing their way
TO the front. and prices are reasonably GER
tam TO reflect the varying fortunes Of the
campaign A few weeks ago 1t was assert
ed with great positiveness that an annie
campaign fund could be had without 70
sorting to a scare in the stock market.
, w ME me latter condition may be avoided
IL Is now apparent that the fund has not
reached satisfactory proportions and grave
consequences are limited at on all sides
Banking interests have heard the COM
paints without alarm and the market CON
tlnues to be wholly Indifferent to the con-
uroNersy. The next week will show to
what extent the market can Withstand rad
lcal campaign oratory and a free prediction
of impending evil
The Chinese difficulty does not decrease
IN prominence, and IL would seem certain
to deter business for a further indefinite
period. Traders believe in lower prices
out are not able to break through the SUD-
port of cliques and force liquidation The
ct Int a
no stronger interest Is contesting the sup
port. Dizziness is always a forerunner OF
ACTIVITY. and most decidedly good news
must be essential to making that activity
favorable to prices.
"A pool In Rubber common. composed Of
experienced operators. was active I'm adj
vancing the price Of those shares again to-
Gay. The failure to act upon dividend re-
Gently Is now said to have been a postpone-
ment of action merely, and not an actual
passing of the disbursement Stock was
supplied at the advance. but ,,as well
taken.
The AtchiSon issues held their own. and
the realizing in Union Pacific was less pro-
nounced, although the stock lacked buoy
ancy.
The grangers were steady on Limited
amount of business. Pennsylvania and the
coal stocks generally give some evidence of
quiet accumulation. and this group is ex-
pected TO DO as well as any In the next ad-
vance.
The industrial department. as whole
was irregular. some covering in Sugar and
looacc0 serving to keep them steady during
a greater part of the day Ii is imporfanf
TO the general market that this groIp he
supported against the possible effects OF
trust criticism and the like during the presi-
DENTAL campaign y
the money market holds around raren,
rates but any attempt to negotiate time
loans brings out careful Investigation If
inc collateral. The announcement that the
United States would be allotted SlS on ra,
OF the British loan will mean the shipment
OF al least that amount Of gold. An agent
OF Russia is now investigating the posi-
Diil'ies OF loan for that government and
IL terms are satisfactory the eoId "a, he
had. " 10