The St. Louis Republic., 1901-09-27
BULLS AGAIN CONTROL
IN WALL STREET.
RECENT GENERAL SLUMP IN
STOCKS CHECKED
Copper and Railroads Regained
Late Losses and All Specula-
tive Lines Closed Firmen

New York. Sept. z6-The tone Of to-days
stock market showed growing Improvement
over that Of yesterday. There was eonsid-
cradle evidence Of realizing still. which per-
sisted after the opening dip and showed a
tendency 20 recur from time to time. but
support was forthcoming on every decline.
and before the day ended tho bears wers
generally disposed to cover their short lines.
causing practically . complete recovery OF
all losses.
Some slight Gains.
Not q few stocks showed decided net
gains, including AmAlgamated Copper, Ana
conda. the Vanderbilts. Pennsylvania. Balti-
more and Ohio. st. Paul. Chicago Great
Western. Manhattan and Peoples Gas The
opening losses were due to the demoral-
fzing effect upon copper mining shares in
the foreign markets Of the break in Anal
Eamated. Rio Tintos were or over points
in Paris. when the stock market opened
here, and the copper market In London
had made a further slump. London poured
out stocks freely upon the New York mar
ket in liquidation. making the opening ac-
tive and weak.
1t became evident very quickly that SUP
port was to be accorded to Amalgamated
Copper and Anaconda Only 700 shares OF
sold at &c below last nights closing. All
subsequent transactions were at or above
last nights level Both stocks fluctuated
short interest showed itself nervous over
the rally after 80 extensive decline, and
rnsa, mlsa ail the bad news. 30 far as known. al
The active demand from the shorts caused
Amagamted Copper to recover more than
yesterday's loss. and the stock closed only
~ below the best Anaconda is 3hc higher
for tre day. '''N ei
RailrosA Slump Checked.
r,cvos We 1eMek 70 sentiment afforded by the re-
otner considerations. The severe iioI,jda
Hon IN some OF the railroad stocks, which
~as feature Yesterday. was not in evil
dence. and the fears felt Of unfayorahle do
velopments in tho companies moi vet known
70 the public were relieved. The selling was
s1p,eined as being due to liquidation by bull
pvois, ana suggestions were heard Of in
ternal dissensions between the members Of
tns pools to account for the liquidation.
me very favorable reports of the from
trade outlook. including the rise in the prjca
OF ptg-fron and assertions that large or
oers Tor steel rails would go over to next
tion- d e"eeiihs 'nd'ca-
The announcement Of the arrival In San
francisco Of a consignment Of So. 5OO0o in
AtsssLian Ss.tsIa1. gold, taken in connection with
amount from Sydney and the large ~ receinis rhs .
OF hondtke gold in the last few days'
served as reinsurance to those who felt
The withdrawn from the Bank y ef Ensssnd Sose1Ki
of more than $2.500,00O for Germany VAS
taken to indicate the ability of that tnsti.
tuition to respond to demands unon II in
the event OF any real stringency in the
New York money market. The movement
os prices had the usual effect OF colorinr
the views of the days events to conform
10 the new direction of prices. The marker
closed quiet and steady at about the best.
me principal weak spots in the bond mar
Mei s;e were In speculative issues. These rail-
lied with stocks and others were firm
THROUGHOUT Total sales. par value. 81 090 900.
the last call. VA