The San Francisco call., 1905-06-12
wall STREET HATS. BUT TRADE ADvANcE

there were snv especial feature week the
pronounced falling the New York Stock tx
Iznge The total sales or Thursday only shares
and on Fav 10000 When it considered that only days or
ago daily exceeded shares and that month
ago they running high 100000 shares the decline III
great and speculative market WI" STRIKE
price Of seats Exchange has declined to oo against
$500 ten days ago and $4,000 in April
As there has been no recent STOCK panic 70 cause l
the volume q trading and the price OF seats during the pas
three weeks the whole street has been guessing as % me m
underlying cause OF IL but with no oehni.e result ~ III =
market has fallen fat and that all there
70 An unusually large Walsreet literature knows
the argon Of the street as dope has been ulateo auIs m
insisting that everything all right that he genera
PFosPeIy q ule oDuiiy @ -. .. - ;n,est1,e1t F,,viao
good crop prospects warrant continuance o
present OF values but these arguments have
aet for the tine being Meanwhile and con
nances OF national reputation have lately been ad
ing public slowly for the their stock operations
as quotations are high they will stand from
point view their advice evidently having is effect
country continues in excellent The ceang for the
past show Of 5S per the week
in 1ooz aggregate cearng S27oooooooo
about S2oooooooo normal with every OF the forty
- o-sr} cites erceo+ Cincinnati and Buffalo showing gain
Some OF these gains immense such New
64 Philadelphia, zo6 Boston, $40 al San Francisco
Ptsbu I63 at'Chcago and 50 on These great gans
Gains Of z58 New Orleans and Minneapolis show the
improvement the and -four industries while those Of Bos-
ton and Philadelphia show the condition and textile
manufacturing lines the brilliant exhibit OF New York the
absence Of speculation in Wall street must good
exhibit d the general distrbutive trade OF the country
The showing certainly brilliant The failures for the week were
z16 against z37 last year.
While country sending very good reports the
best from the wheat and cotton States The iron and
steel regions however business decreasing and quota
declining Distribution general merchandise reported
excellent and increasing everywhere and the lumber trade and
building operations particularly active There signs
quarters though that buying OF real being
but this sufficient magnitude either volume
apprehension
Reports from still brilliant Here crop
prospects rule fine and prices for almost all farm and orchard
staples high The export trade OF this making most
showing During May the exports S57ooo against
S58o April and S27OoO IN May Most Of this good
business with China and Japan For the first eleven months u
fiscal year the reports from San Francisco S58
against S955oO during the corresponding period
Ie5 record breaker But the city making strides IN
other directions Building operations simply immense New
skycrapng office buildings rising all sides, while
Of dwellings going both here and the bay The
startled by the Of these operations and the question
Where all the people occupy these buildings
coming from The viii probably be found the reduced
railroad which bringing California and Sar
Francisco homeeee by the THOUSANDS Certainly the Pacific
Coast complain q dniIness IN direction.