Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-06-07
Another Dull Day in Nearly All the
Stocks.
SUGAR SHOWED some STRENGTH
Changers Were Weak on Antici-
pated Bad Crop Reports.
GENERAL MARKET REPORTS
Special Dispatch to The Evening Star.

Special Dispatch to The Evening Star.
NEW YORK, June 7.-Today's stock mar
ket was repetition of the recent dullness
and Indifference, no pronounced movement
being in evidence in any part of the mar
ket. London traded for time around the
local closing parity. but subsequently took
on a more hopeful tone as the result of
better feeling on the Chinese situation.
Foreign houses were inclined to recede
from the previous pessimistic views on the
Asiatic situation. but the money markets
did not fully reflect the change. The local
market was unusually narrow and devoid
of all outside demand. The room sold
stocks during the first hour and covered
few later in the day. The extremes pro-
duced dizziness, no attempt being made to
press the advantage in either account. The
railway list was heavy and seemed to move
reluctantly in either direction
commission houses were inclined to ex-
pect brief rally at the end of the week,
but clients accepted the advice cautiously.
Ihe coal shares were supported for time
because Of the rumors of impending deals
In them. AS was the case yesterday, how
ever, there was no enthusiasm created and
prices fell fiat after the first advance.
The grangers reflect the crop uncertainty
and cannot be advanced far without invit-
Ing mixed selling. Atchison is confronted
with bond issue. not so large as reported
several udyS ago, ana mas to await crop
developments and a change in sentiment
before 1t can take the level usually accord
ed 5 per cent stock.
Sugar held well during the day, the
scarcity Of the stock in the loan crowd
where small premium prevailed and the
absence Of pressure of long stock serving
to maintain the price. Any substantial
movement in this stock would force an i'm
ltatlve movement elsewhere, but the ma
ter1al for sustained advance is lacking
The street is divided on the probable out
come OF the presidential campaign in its
market apple alton. 1t Is reasonably GER
tain, however, that the party believing in
lower prices during that period possesses
superior market experience. The leaders of
previous declining markets have taken an
early vacation. but will be in harness again
shorty after the Kansas City convention.
BY that time the attack and defense will
be known and conclusions drawn Stock
prices will reflect the contest with the Gus
tomary accuracy, 1t Is thought and little
else will be heard for time
Money is not likely to get up to fancy
rates, and no scare of any duration is like
~ on this account The leaders, or those
VINO are likely to resume leadership will
not consider merit If the public displays
any concern over election results
The public, or the experienced portion of
II, realizes this and is waiting for and
thereby Increasing the prospect for lower
prices Special movements will be record
ed, as in the case of the air brake COM
panles under rumors Of consultations, but
such events cannot arouse the entire
market.
year after charges and dividends of 81, 594,-
500. This evidence Of prosperity is to be
considered when applying the old argu-
ments to presidential year depression