The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-07-04
GOSSIP or WALL STREET.

than q. 600 miles of truck ,gei, low, Nnh,nsI.
Kansas Missouri; India, Tar,,.ar, r,,
homa. Arkansas and tho uso,arl,, io,, Gn,S-
vi iii'iio's ana Nilssisslppi were more or less
seriously impaired ot this mileage about
20 per cent, or 10000 miles. will reQui"
"'nin the next twelve months eXtraordI-
maintenance charges of about 90 mn rc-
, me-an aggregates Of 800 OoO oOo IN re,l,o,
bridges, restore roadbeds. Sc. This is anita
apart from tho losses suffered through ,h,
interruption of trafrlc and the prospectivs
losses to result from n reduced grain topnoro
These estimates explain. il il said tho hon.
ish attitude OF Western people toward tha
granger railroad stocks Infected
Inc areas in which the floods did most
few years of the greatest settling moyemen,
Western railroad people believe that bo.
ever been seen in this country Tho tido ~
immigration that has already set in in thar d.
rection is expected TO swell enormously oyin,
to the superior attractions oTared T,
contemplation of this prosnect oroIino,
bearish views on the granger railroad share,
| Some Of those even who nre beorish an H..
stocks at the present time and nradi,. s,iI,
| lower prices for them are extremely bulli.,
| for the long mil" and h.lieve ir,nrc,,,. .
the future OF the nronertics Their nroson.
attitude il more or ess sne,c,l.tiv, h,.a,i
N''' ''''i''"'s ''"''i'iopS only
Chicago adyices received hero ,..s,o.a
| declared that the forthcoming Jllinois Con,m,,
| statement will he obout tho hast tho, ,,,
| pany has ever issued
There were more pages than members
on the Moor OF the Stock Exchange ycstc--
Gay. The general Wall Street attendance
was easily the smallest OF any day this year.
II not Tor several years, large proportion
! or brokers and traders remaining away for
an extra holiday that the governors refused
to grant. One critical person called atten-
ton to the fact that more governors than
lay members were absent in proportion to
/ Inc uptown crowd appeared to have turned
S w,l,lam B. DIVER. IT, went around the room
more to depressing prices than to sa,r,u
ne was CONSPICUOUS IN Atchison and Steel
preiei,eo' MS operations caused some sur
, piise' III we" oi the general impression that
MS crowd held bullish position on the mar
| ket. The trading element rather favored
o,,, sbnrt s,ocls nnI,' W. h U' .h anu pun
| .ha a,,arronn no. :. ~ .n' paoA ~
| rlat, n,,,,n
| snjorous ounnort eN' '"''s' '''''h-
The optimistic views Of a very prominent
! banker who recently returned from abroad
| have favorably impressed all who have come
| into personal contact with him. He is said
to have expressed surprise at the extreme
pessimism he found prevailing here. espe-
cially as he could find nothing in the general
situation either financial or industrial. +,
1
| l., r., -, piii' a'' w."
| III Tree cirouiation' ana are largely responsible.
| DO doubt. Tor the change OF sentiment that
| has been observed in various Wall Street
w. - saaasi,Dan 49, VIZ 80. .s. We ''Nel.
| =, ~ -. ~ , -" W
! 1"oro'at;,i!s s.,n'lt "'u'e' "' '''"S
Brokers supposed to represent Mr. Keno
| bought and supported Steel preferred in
I yesterdays session. II is the general i'm
preston that Mr., Kecne Is again active on
'ne long size Oh tne steer shares'
The buying of Baltimore and Ohio vestcr.
| H., No.. au rao, rda ~ .a.. - -,
uay was wen iesa'ueu ny uaaeIs una special.
tsts mere s nas Def th eyiaeaee hteIy OF
| view
=
During the forenoon traders told each other
| that they were waiting for the bank state
,n.s nnthina IN - ~ tr,ds on Tha hant,
stat.r,.nt wo. howi,derirc sxbihit 40 Are.
nr,sortaa on,n, =, &, Clearin. Uom.a .rro.
| mhi,h Md. N. low itor, ro,d "door,as,
a, a11 soo instead NJ "incre,ss "a Az a.,
| s.nr.oa. =, thraur th. statoraon. h,1I,
AZ ieo'en'e ~, =, WV w, '"'.,y
| out OF gear Inc correction was promptly
| made on the page printing tickers. but this
| stock tickers we're nearly half an hour later
| with H. and in the interim the room crowd
| VIVA pntSn nDrphpnSinN
| had actually decreased The room crowd.
| II may be explained. seldom takes the trouble
| 70 try bank statement 10 zee u u squares
Inc eo''''''o" was 'e,elre' "''"''' o''''"'"''
The further sharp decline OF Hooking VAL
| lev To the lowest price il has reached on this
| movement WINS still attributed to selling by
| n,s.o,,,.d ho,ders ~ roinority s,oo,, RI.
uisappohi'eu "o'"e.s " i'''''oi "; e'o.N ~
contrast between lo3 lot majority STOCK, the
! price officially announced yesterday. and -
| for tho minority stock in the omen market
r,inortv.s uouidation in SO narrow n market
has unduly depressed the price OF the stock.
the intrinsic vaIue Q! Wnic n Is uniInpa'.ru'
hnu VI oh''p W. "u' 'oihn a'o put SL"sII ,'oL