The age-herald., 1901-10-02
STOCK TRADERS
 GO ID YACHT RACE The Days Sales Were Barely
 Within 100000 Shares CHANGES WERE NARROW Liquidation In Sugar Was the Feature of the Market, Following Sharp
 Break In Prices of Monday. Market Closed Weak.
CHANGES WERE NARROW

New York, October 1.-The lively in- terest today in the international yacht race took many members away from the board room and still further diminished the volume of trading. me days aggre- gate sales were barely 3O0,0OO shares ana the f1uctuation of prices was very mar row for the most part. The excepuons worthy of special note were in the indus trial list and among the dormant and less important railroad stocks. Liquida- ton in Sugar was the feature of the mar ket following sharp break in prices yesterday. The room traders joined in the selling in ar attempt to make quick turn and their covering caused rally of a point The stocks extreme decline was Az. The gossip to account for the de- cline included rumors that the insiders were liquidating on apprehensions of change in the Sugar tariff at the coming session of Congress, or of unfriendly leg islation Other rumors had 1t that in- siders who had sold at recent high prices were depressing the price to get back their stock. The general feeling of dis trust of the blind pool methods of the great industrial corporations, which has reached an acute stage since the recent episode in Amalgamated Copper was a factor In Sugar and in number of other industrials. There were declines of h to points in Brooklyn Transit, Colorado Fuel. National Salt, preferred, General Electric and American Express. The waiting attitude of the market was part 1y due to expectations of dividend action on the United States Steel stocks and the presentation of a promised financial statement.
 The non-appearance of this as the ses- sion drew towards its close emphasized the weakness of the industrials Amal- gamated Copper was rather firm, rising point then losing 1t and stiffening again to about the best. Atchison was quite notably firm and gained point on rumors that the directors would increase the semi-annual dividend rate to per cent. at a meeting tomorrow. There were some other firm spots in the rail- road list and the general undertone was rather firm on a belated recognition Of yesterdays important recuperation of the money market resources by receipts of Australian and French gold. A rise in the New York exchange at Chicago to par also indicated a mitigation of the interior pressure for currency. On the other hand sterling exchange recovered a fraction, thus disappointing hopes of an imm ediate return to the gold import point. There was also rise in call money in the late dealings to Az per cent, which renewed the conjectures as to the cause of last weeks loan expansion and It's possible continuance The un- usually large dividend and interest dis bursements incident to the first of Octo- Der are expected to affect the money market within a very short time. The action of the market was hesitating and uncertain throughout 8-s-sx
 The railroad bond market was dull and irregular. Total sales, par value, $1. 400,- GOO. United States refunding 2s advanced E per cent on the last call.
 New York Stock Market.