The Wichita daily eagle., 1901-06-25
WALL STREET STOCKS
Market Maintains Its Waiting
Attitude.
BUSINESS Is SMALL
Exchange May be Closed on
July 5 and s.

New YORK. June 24.-The stock market
maintained It's waiting attitude today.
There IS q sort Of tscit agreement very
generally advanced among the larger op-
orators. that this waiting period shan ex-
tend AZ least 70 the end o. TIE month
ana until The money. requirements os the
hair years end are out Of the way. The
consequence is that the attendance OF
members of the hoard room IS very snail
and many brokers have gone away on va
cations 10 Europe The smaller class OF
room traders who operate from dav 20
day were disposed 20 sell the market
this morning On the disappointing show
Ing made By the bank statement ST.
Paul and Union Pacific were most con
spicucusiy affected by this selling. as be-
Ing most likely 70 prove Vulnerable on
account OF the recent considerable specu-
ls-ton IN those stocks Little success.
however. was had n dislodging any hold
ings OF the stocks. and covering by the
bears was IL evidence later IN the 6ay.
4 small number OF stocks had consider
able movements On individual causes, but
IN those also the professional hand was
seen IN the cuick realizing on the move
msnts. Norfolk and Western vas sold
down after the opening or the score OF
the danage 70 the property By the West
Virginia foods. New Tcrx Central show
ed some strength on vague talk OF the
coming declaration CT some Nights for the
stock-hOlders- Illinois Central was con-
idsltiy bought on the general coasiGera-
ton that II was low IN proportion %
other grain carrying roads. The rise in
sugar was due 70 the adjustment 81 prices
OF the product 70 a parity BY the different
companies. Manhattan was 2 feature on
reiterated runners that it vii Be leased
70 Metropolitan. General Electric was
lifted 81 by a light demand. but reacted
8is. On the other hand Colorado Fuel
after selling down ~. rallied 50 but did
nod hold the rally. There was a sharp al
vance OF SIS IN Minneapolis. 81 Paul aad
Ssult Ste Marie preferred without expia--
alton. Minneapolis and st. Louis dropped
back ~ on realizing II vas such indlvid-
uaI cases that induced any considerable
price movement anywhere IN ths Est
Commission house business was 81 a
standstiH and brokers Offices were de-
serted 50 little profit IS offered by the
market that no difficulty was found "a
securing the adoption by the members OF
the Stock Exchange of a recommendation
% the governors 10 keep the exchange
closed on Friday and Saturday, July
and 6. The money market failed 20
reject any construction OF supply such
as was Indicated by the bank statement
and money on call loaned as low IS Is
per cent
Sterling exchange eased of g BIT. but
hovers within measurable distance Of the
gold export point and the continued de-
preston of the starting exchange rate at
Berlin indicates that that center IS still
heavily liquiGating IT'S holdings OF Amer
lean securities. The market closed semi
stsgnant and with the inertness Of prices
fully maintained
Business in railroad bonds was also o.
very moderate proportions and prices
moved narrowly either way. Total sales.
par value. g .1eo eco. United States threes-
coupon, declined Z per cent CT the last
call