The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-10-16
Cove 1ment Eonds.

Inc market was dun du-ing the morn
ing hours, and the tendency, as far as
there was any, was toward a lower level
The short interest has zen curtaiIcd ma
terially during the lest few DAYS. and
with no pressure 70 cover from this quar-
ter, and with the insiders again showing
little interest In the market. it is per
haps not surprising that there is duIness
instead Of activity and booming prices.
Ana, furthermore. with these negative
disadvantages there is another denial
from Mr.. Hill, more positive than his
first, and there is the Lawson copper in
teryiew, that c0mpIicates the copper sit
uauOn 10 say the least. There is not
much reason 10 expect better things at
present, and lower prices before the end
Of the week would not be SURPRISING The
decline, II there Is 10 be one, viii not be
important, however, in all probability.
and many careful people are advising the
purchase OF stocks on recessiors-
Amalgamated Copper went of rather
badly this morning. being the weak fea-
ture OF the list, and very evidently under
severe pressure. 1t was said that Boston
was the seller Of the stock. and this nat
urally turned attention to the Lawson
Interview again. The opini'n seemed to
be quite general that II this gentleman is
sun the holder Of a big block OF the
stock he is likely 10 be forced TO sell out
ana AZ p lower price than the present. IN
other words. III he is in the position Of
IgEtiNg the Standard Oil people. IL will
not De- good tOr him OF for AuaIgamated
copper But some people have doubts as
. the entire truth Of the Lawson story
Dig game, though this is rather harder on
lawson than ne deserves uroba bly,
There can be little doubt that he has lost
money Heavily recently.
As for the Hin denial # is very like
the first, given out week ago. and as
FAR as can be judged there IS no more
reason for placing implicit faith in it
than there was in the other. He says that
there is no rail way combination iu process
Of formation in the Northwest but new
erth>less there are many evidences that
exactly the contrary is true. He says that
n has not sold out his Erie stock and
as 10 this perhaps il is fair 10 accept his
word The securities most directly af-
fected by the various stories regarding
the deal were under pressure this
morning To some people IL looked as If
they would have been advanced except
foT a persistent effort by insiders to hold
the movement I'm check. St. Paul and
Union Pacific. and for the matter Of that
the Atchis0u securities. Southern Pacific
and Missouri Pacific are all considered
good purchases on the reactions by some
OF the most careful SPECTATORS and in
VcstOrs
The earnings Of the Northern Pacific
for the first week of October. reached
500 so; the increase since July was 81
SO 90
Glucose stock is weak under pressure
apparently from the inside. There is talk
Of the III price Of corn being bad in
Huence on the business and this with the
poor report Of the company for the past
year does not dispose the public generally
10 buy the stock.
Pacific Mail continues strong II IS said
that there IS accumulation OF the stock
by pool ll view or the good outlook for
. subsidy bill iu some form during the