Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-07-19
Some Little Increased Ami
nation Despite Weather.
TRADING IRREGULAR
NORTHERN SECURITIES GROUP
FEATURE OF MARKET.
Foreign Account Operations Were on
Trifling Scale-Money Continued
Easy-Commodities Strong.

NEW YORK. July Observation-Disclosures
ing the continued enervating weather
conditions. there was some little increase
of animation in today's stock market
dealings. and number of securities
scored substantial advances. For the
most part, however. the trading showed
renewed irregularity. and activity was
spasmodic rather than continuous
The conspicuous features of the market
were the so-called Northern Securities
group. all of which achieved extensive
advances. There WAS nothing definite to
be named in explanation of the movement
in this quarter. which. however. led to
revival Of recent rumors that these stocks
would soon be in the receipt of extra
dividends in one form or another. Pre-
Nlous To the movement In the Northern
securities stocks the market had been
extremely dull, and all the indications
pointed to a renewal of the conditions
which prevailed yesterday.
Attendance Limited.
Attendance upon the floor of the stock ex-
change and in the offices of commission
houses was reasonably limited. Operations
here for foreign account were upon a trif1ing
scale, but American stocks closed very
strong on the London curb. The London
market in general was unfavorably infiu-
'enced by quite an important stock exchange
failure, which it was apprehended might be
followed up by other insolvencies.
The money market remained exceedingly
easy. and loans on call were effected at and
under per cent. The commodity markets
were all strong, and there was some ap-
prehension expressed lest there might be
some Injury to the crops on account of the
prevalence of heat throughout the country.
Traffic Statement
large number of traffic statements for
The second week of July were published
and were uniformly favorable showing
The Southern Railway Company's returns
Increased about per cent, the Central
T. Railroad of Georgia about 10 per cent. the
Missouri Pacific about 10 per cent and the
. st. Louis and Southwestern IA per cent.
Dividend announcements furnished the
only other news relating to particular
stocks.
The passage OF the Usual quarterly divi-
dend on Pittsburg Coal preferred was made
known last night and accounted for the re-
cent sharp decline in that instance.
The local traction shares were all reIa-
lively strong and active, Manhattan Rail-
way being dealt in for the first time this
week and rising over point the exc
cution of a buying order for loo shares.
The movement in this group actually start
ed. however, in Metropolitan Street Rail-
way. where the buying was accompanied
by a good deal of discussion Of the radical
Improvement in earnings which the surface
iires are now making.
The Industrials.
The Industrial and miscellaneous stocks
were generally steady. with the exception
of Amalgamated Copper, which showed oc-
casional pressure probably because of a re-
vision of the recently held views that the
dividend on the stock would be increased
at tomorrow's meeting of the directors
Strong features In this quarter of the mar
ket were the United States Rubber shares,
American and Virginia Carolina Chemical.
Union Pacific occupied its usual leading
position in the railway list in respect of
activity. but the stock fuctuated within
narrow limits I'm view of the very keen in
terest which was taken In the dividend,
which. it is expected will be acted upon
tomorrow