Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-08-14
Market Showed Greatest Ami
nation for Some Weeks.
INCREASED DEALINGS
THEY REFLECTED A WIDE DIS
TRIBUTIoN OF INTEREST.
Outside Public Participated Literally
In the Speculation Railway
Specialties Active.

NEW YORK. August 14.-Today's stock
market showed greater animation than
has been witnessed upon any particular
Gay since the current rise in prices be-
gan early in the summer.
The dealings were upon an increasing
scale OF activity and reflected wide dis
tribution of interest and considerable
increase I'm participation In the specula
tion on the part of outside public.
This welcome development was natur-
ally made the occasion of a revival of
manipulation in a large number of the
railway specialties. many of which. as
may be seen from the appended table OF
transactions. scored extensive advances.
So far the general market was con-
cerned, several factors may be named as
the dominating influences in the dealings.
The most important of these was this
mornings announcement of the visit to
Portsmouth, N H., OF a number OF prom
inent bankers from this city.
Contributing Influences.
Another influence in the market was this
mornings intelligence to the effect that me
President had virtually abandoned his in
tention to call Congress in extra session In
November.
Finally it was plain that last weeks mag
nlfcent government crop report was ap-
pealing with increasing force TO the country
at large. and particularly to those persons
in any way interested In stock market AZ
fairs.
Crop advices today continued In the main
satisfactory and grain prices declined after
a slight advance near the opening.
The cotton market was weak. Small
change noted in money market condi-
tons although some little attention was at
frqrtnI the transfer TODAY through the
local subtreasury to Chicago of $JO0OOO
This Is the first considerable transfer OF
currency to the west for crop movement
purposes this season, and the shipments
are beginning somewhat ahead of the usual
date. The local banks received on the other
hand some two hundred thousand dollars
OF gold transferred from San Francisco.
Rumors in Circulation.
Such movements as took place in today's
stock market naturally lead to the circula-
ton of rumors of one sort or another, none
of which was very credible, and as mat
ter OF fact. the real news relating to one
stock or another was furnished by the
statements of earning which were SUBJ
mitted today. AS has been the case for
sometime. the railways in the southern
states made practically good showings.
The leading factors in the dealings at
large have already been mentioned. Pre-
vious To the opening of business here Amer
lean stocks were quoted in the London
market at irregular and rather small
changes in comparison with New Yorks
closing figures of Saturday.
At the outset of the local market for
eign houses were sellers here upon linn
tied scale. but they later reversed their po-
sition and were buyers on balance of a fair
amount notably Of such stocks as Kansas
and Texas and Denver and Rio Grande.
The last named rose smartly on larger
dealings than have been witnessed in those
stocks in several months, and in fact, all
of the so-called Gould issues showed great
ly increased animation.
Railway Advances.
The most extensive advances In the rail-
way list, however. were in the Northern
Securities group of stocks, for which there
was. however. no more definite explanation
vouchsafed than has been the case pre-