The age-herald., 1901-10-05
GENERAL SHAKING
 |. CONTINUES The Recent Crisis in the Indus
 trials Still Felt PRESSURE TO LIQUlDATE thursdays List of semi-Demoralized 
PRESSURE TO LIQUIDATE
thursdays List of semi-Demorallzed
 Stocks Was Increased Today By a Number Being Tested Yes terday-closed Strong.

New York, October 4.-The recent crisis of the. industrial stocks continued to be a disturbing factor in the stoek iiiai Ne' today. Yesterdays list of seml-oeiliorai- ized stocks was increased today py number which were not tested yesteruas during. the progress of hquidatioh' Ihe low priced non dividend paying rallroao stocks were also in marked disfavor and suffered sever declines on selling out or holdings. But the still more potent rac- tors toward reaction was the renewed pressure to liquidate in Amalgamated Copper which carried the price down an extreme PA to s6% which Is the lowest price on the present movement even al lowing for the 11k per cent interest which has come off. There was a suggestive break in the price of spot copper again in London this morning which served to indicate that the present fortunes Of Amalgamated Copper are more or less intimately connected wI1h the mainten- ance of the price of raw copper. An im- portant factor In the weakness both of that stock and of other industrials, how everr was the scrutiny by the banks of the collateral in their loans and the dis position to call loans in order to limit or throw out industrial stocks from the collateral. No special discrimination was exercised against Amalgamated Copper yesterday, but some such discrimination was reflected in todays weakness of the stock The same was true of the Consoli- dated Tobacco per cent bonds falling ar aytr ct affected were General Electric 5A, Dia- mond Match, 5; United States Express, 4A; Consolidated Gas. 4: National Bis cult preferred 8; Sugar, 2R; and Smelling 2A.
 In the low-priced railroad stocks, Lake Erie and Western lost 5A; St. Joseph and Grand Island second preferred, 2A; Min neapolis. St. Paul and Sault St. Marie preferred. 3A: Evansville and Terre Haute and Kanawha and Michigan. 3, and the Toledo, St. Louis and Western stocks 219 each Some of the severest losers yes- terday showed a railing tendency even before the general market turned upward. and in the late recovery there were some net gains of a point and more achieved. National Salt recovered 1 point of yes- terdays 14A loss on three transactions. The late rally seemed to be entirely to covering by shorts, and was made in spite of the promise of only a moderately favorable bank statement. The interior movement of currency during the week has again ben very heavy, so that the gain on account of government bond pur- chases and Australian gold has been al most offset. It is hoped that the liquida- tion in the stock market will be reflect ed 1fn'a loan contraction as no special operations in the money market are known which would offset this influence unless 1t, might be renewed borrowing by foreigners, which Is constantly liqui- dated as reflected in the sustained strength of the foreign exchange mar ket.
 The stock market closed quite active and strong at the recovery.
 The railroad bond market was affected by selling today more than on previous days of the week. Total sales, par value. g, 100000.
 United States bonds were all unchanged on the last call.
 New York Stock Market
 Ry Private Wira fo M,,.-h-