The San Francisco call., 1903-09-05
EASTERN MARKETS.
NezU York Stock Market.

NEW YORK. sept f-To-day.s stock mar
kst was aEaln excessiEely eult. DIT bT5 @ elstlneIly
BEFORE trading viii b. resumed prompted the
closing ~ ~ speculative accounts ana the
fact that to-morfow is also q hohaay IN Lon
don emphasized this disposition X IS EVIDENT
that the majority ot outstanding accounts was
or the short side There was no other ap-
parent reason for the strength q tiie market
as the bulls were, as usual Wiling 70 put
our fresh commitments on the eve OF these
.foliSavs Atchison was the feature OF the
market both 70 the volume q dealings
md sts extreme advance Of 2ls easily dis
tanced all other stocks There were some very
-,,rf~h heTueE the upward movement and gave
---rsIrIs Tor the supposition they were the
ave rise % some surmises of al arcunula-
-Irr IN q larEe scale possibly Tor purposes OF
---ol Rock Island interests were pointed
D.. h.- the current rumors and there seemed
- - ~ eff-rt 10 convey the impression that
-l.a---e,71-snfa and Hartman interests were op-
-.-z5rr or competing with this accumulation
-l- t---fzrr7 movement had some sympa-
.-refiC eject on The general list. out me arg
- -,s--.f-se was confined % the southern ana
southwestern corn ana c'lt5- - - ,se,,i--
movement may have been m part a ieIeS1l,n p =
- -. Government report On co-lcn Ni.lh
lad continued eject also On lneeelns i lIe ~ -i.
lion IN cotton Ire corn 49, - - -
-a-- am, excess of confidence IN that crop
INA -te reuorts ~ frost IN the Nofin"sst ede : :
- rorre fears that the cold Would eAlthu
-, Fait Hut the news ~ the CON
.-.4- ~ mat CROP IN the lower portions q
re belt conduced 70 CROWN q e1l11S..e5 ~. -
-e-G may have been an iriueIce ~ ne slrei's Ii
"a -la -rtlrt tu-esteru railroad stocks
The tone ~ the recently reported u,.ereilleS
. -. Secretary 0f the Treasury on the gen
81 'f.,,e.-eee and financial outlook naa an
.-...-.-srfnp effect on sentiment, ane MS ap-
-..sr,- IA an emergency circulation fosters lle
r-e "a tie financial district for sucn A
measure But the emphasis BY tne SetIeldIs Z
..- his published statement On tsle lstosIsl7
being made ~ Government money ~ - ee- >
cultural districts had somewhat me elSI1 - y.
a- aamonitlon against speculative uses u u
these funds The forecasts of me cettehCs
-1oveueut of the week Indicate sliSnt l N
r-1rerueut IN favor Cf the interiofr Nu-CI'
.-th rhe weeks losses 20 the suD-treaSl
show = probable decrease IN the reserNe l7-1
tv the banks of 81 500. .Ve0- There nave beeh
several shipments 10 the South IN connection
with the cotton crop moving. but the move
u1erf On balance would have been IN LANof
lf Eew York rad b. not been for the large
movement ~ Boston which seems 70 nave
amounted 20 more than 50. coo. ana ls al
-ribared ID q New York Interest IN copper
adaln The complexion Of the loan item Is
shroueed in the usual debt The closing was
steady and was very dull
Bonds were Gull and very firm ano Govern
ment bonds continued 20 advance Total sales
par value S755.0O0 j,
The stock market has backed ana nlied
during the week on a small volume OF deal
fessional Character Of the market ana the
waiting attitude Of the financial world In gen
efel on The securities market outlook.
The fate % the crops and the needs OF tne
ncney market berween now and the END OF tne