The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-07-06
Efforts 10 Stimulate Activity in
Wall Street Meet With
Failure.
FUTURE REGARDED UNCERTAIN.
Absence of Confidence Causes List,
less Trading No Trend To-
ward !.iquidation-Some
Poor Showing.



REPTILE special
New York July Nothing developed dur
ing the week in Wall stree: which fore
s.l,,,l.,.,-s ,,. g,r,,,,.,,i-, ,.,,,.. r ndu-ip-
,i,.,.,.,.,. =, ~. ,,.,,,u.i,.- 5,,.,r;,, ,,,a
-.
''i"i - nni'ie |" S'tnIiat" ae'NiN' pre-
dlcated upon the highly gratifying outcome
of TIE Pennsylvania stock subscription and
certain other favora bic factors failed utter
" u arouse rav pi,hlir enthusiasm and
cr,,.ed merely in revealing she fact that the
future l. ,.-,-,l,,, ,. 49,, ..,,,,,-..,i,, :, ia
- -. -. "a
~ NO''''N'i' ga! ms 'i'"e' "a "'"HH VI
stocks.
ON the other hand. however. adverse de-
vclopments such as were contained in the
sorry axhfl ,.iun made l.,- a number of IN
,1ustriol cor,n-at;s-s W., ro,,,,,.e5 ~ no
,r,.,,,i,o,,.,,;.',,,. -,,I,,., .,s.,.;l,,I TT
f'', ~
WIS :" 'iaui+a'lon worthy OF the name. the
late selling in the market representing moth
ing more than the closing out Of uni rofit-
able bargains by the professional element
CROPS A FACTOR
In several particulars the fundamental
situation showed Improvement and 10 a de-
.,..a s,,;.,ci.,tI,- rrop,,,nca1 70 +,,-n;eh
more encor-aecr,ant rc- the future of IN
,,,,s.-iaI Iaverconsrt Tho chief ,,nrsile-a-
tion of alt the outcome of the crops. cor
.aj,,s r7,,,. ,,n-s-.aiot:as. b,,t aside from
~, ,,,i.:,.,,,,,.- or ,,r,, ,,d ,,.to, .ba
i,,,,,s,,, = ;a,.a-
1-,,c-, = -. .ss,-,-c, of , .o,;sr,c,o-,-
-, - 70 ,i,-,,,,,,, oi,,,,y,. III; -, s,,,,,
~ II .li - ,. ~
utl',I 'll =, :, ~.
on IN 80 't''iit, |. '''+
ana VIC SIeCItaiNe au'eht"tes 'hSth.n
u-erN IL IN mp VI t'o'i"t eNpott Stiip
menfs. ~ these me country S'ahoS IN gre,
need. 10 repair some o. the rtTaSe' wrought
ny eNtraNaSant imports iorulaa'' p"rIp"
ing rom af9oaa ana the "ufl's at '"'!euI
iHuSiv hlen hFlceS OF STOCKS ana GepfeCla'tu
articles Wh'cn n.o.N, r'., ''T s"'
AS'de from lhe oeiaE at'ehudiit upon ''ie
CROWN OF corn anu Vo'tni' 'he'e - teSH
| occasion 10, al"Fl,, oNe, INV, Up "u''oai s
- -, -, .,;s =. 80,
a. nv ~. ~" -. ~ t,.t.So -
,, 80 w - M
- '..,,Ih ~ en- - - To- -
- -, -. .s,'l,-.,I, =, -, III
49,. al IL, - 80 - ,,.oa, -.
1irat;bI,I ~ ,,,a.-os w, +rnst h.r1,, w., :
+r-it,. i: r,irh+e,.j "a tho ,,xiet,. AYR
tho ff,al c,,tco,na is acc.nt-atsd mn, y,ro-
Iaorad l. doc NOT resti witb,r tho rnvs.r
Of ,,or.,1s "a ,aod ~ <r+,,-a h.. ,.hiio
1s,n,-s ~ l;a,.or,,.s ,t,a,, ~ no. &c ~
cessity fatal Given. therefore. an in
tcrval of normal weather the conditions
now prevailing in the crop region and Their,
ia every hope for reasonably satisfactory
results in corn and cotton. as well as wheat
Probably the most significant feature OF
recent weeks in the financial world has
been the practical failure of the reinyest-
inent demand FOR securities to materialze.
Not only did this not develop in anticipa
lion ca the heavy July disbursement. but
I'r .he distribution estimated at siiH~o.eO
no siei.S "l an awakening interest upon the
80 -. VI sdNii'ss pan''s ana o'hef investing
liIs u III Is hotec ana the same Is true
VI - ~? ~ suii''i .Hf e!'to'-
-, -; .eI ,i al assished 10. ms SIT
II, ,o,+,n, IT. 49, "'.ieh mas an
- -, ,., -'.s I'm t'ie future. Signs
VI "ins 'oti.ieti'ce aIter period OF de-
=, ~, - , lute manifest themselves first
"a, '!ie 'o.i" uisis-oii Oh Inc market judging
" ."e p1St. .he present inactivity would