The San Francisco call., 1905-08-22
New YORK stock Market.

NEW YORK. Aug 2l.-General recoveries
from last weeks slight reaction were the rule
IN the stock market to-day. but trading was
duh For want OF some better excuse the
street attributed the falling of Of business 70
the latest developments al Portsmouth It is
8 fact, however, that the substantial inan5ial
inerests are al last beginning 70 display some
thing more than languid interest in the prog
ress OF peace negotiations. The more marked
advances to-day, OF which there were several,
were limited largely to the so-called high class
OF investment stocks. There were few ex-
ceptions notably Reading, which moved TO a
high record, while other less active issues at
ment- The advances in Delaware and Hud-
son and the Hill stocks attracted little attsn-
ton inasmuch as IL is generally recognized that
the floating supply of these and similar issues
is small and nlanipulators ara thus enabled
10 move them at viii. The Gould stocks were
prominent in the days movement, though no
special reasons other than good crop conditions
were heard Western advices tell OF short
age Of cars TO meet the coming crop require
portatlon facilities On most OF the more i'm
pprtant railway systems viii be greatly over
teNed once the crop movement gets under way.
Nhicago reports unusually heavy traffic East
and West. shipments OF -four and grain being
greatly in excess Of the corresponding periods
last year and traffic managers Of the great
grain carrying lines are optimistic 10
wonted degree on the outlook. There
noteworthy absence of activity during the day
IN such stocks have recently been marked
leaders. Trading in Union Pacific, Southern
Pacific. ST Paul and Atchison was relatively
nominal and similar pressure was shown
throughout This also applied TO the leading
industrials, including United States Steel conl-
mon and preferred Analgamsted- Copper made
no response tc a further advance in the price
OF the metal American Smelling again
moderately active though irregular. OF the
minor railway stocks almost the only one call
ing for comment is Wisconsin Central common
and preferred making further advances on a
renewal OF ruTnors limiting at change OF con-
troll The movemets Of the more active issues
IN both the railroad and Industrial groups were
without importance, although more less
sbortiVe efforts made 10 advance certain
Of them. Commission business showed very
slight increase and a greater part of this came,
from wire houses The final hour quite
the duIlest Of the day with irregular clos
ing. London's -partici patton in this market
diszppOfntngly small in view of the strength
OF Americans at that center. Foreign bankers
ere mostly. OF the opinion that the continent
s more inclined 70 buy here on slight recession
an on any marked development of strength
Time and call money rates were practically un-
changed and Indications point TO a slight
hardening in long time loans in spite Of the
light demand There was temporary halt in
the flow OF cash TO the interior but this is
expected 70 assume its fullest proportions in
the course OF the next few weeks.
Bonds were irregular. Total sales par value.
81. .6e5. COO
United States Is SIS and the old As advanced
y per cent on call.
New York stock List.
Z F. Hutton & Co. z9O California street,
san Francisco. members Of the New York
Stock Exchange furnish the following ofneial
quotations OF that Exchange: