The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-25
.HARRIMANsTOCKs
AGAIN !L!E:|AlD!. LIST
fresh Upward Movement IL Pa
cifics Feature 81 Day On the
Market.
VERY IRREGULAR.
Record Of Day Was Practically
Repetition 81 That Of Pre-
cedit1g Days.
fnv ,,cio,e "A t,re,.

ib4t4tFS 3S&4Fy - Sf36&tNiSa Fks
si$ ny Associated fre.sj
NEW YORK, August 524.-1n the main
to.sday's stock market was largelysh Ercpe--
tition or previous days. Pretty much the
Il same stocks ware used ns market leaders
and for the greater part of the day the
sa me degree Of Regularity prevailed.
no iollid out the analogy. trading was
~ nS almost tho same proportions.
Tic movement took In q K mum
Il recent activity. such nAY Nationnlsa$$I4ehd
& md international Steam Pump but a
IL fresh upward movement insthe sPacifics-
The Hartman issues-wns& agninSthc most
ID prominent x feature. 98$ $sS&%
These stocks. together with United
States steel, common, which, early dis
AZ inguished itself by scoring 8a new high
record for the movement, the Hill issues.
Amalgnmnted Copper AtchiAon,, ST. Paul
md Reading monopollzed the bulk pt tho
business. In fact, sales of Steel and
e Copper oVerEhadowed all else In the first
hour. Fears of n furry IN. call loans,
which opened ut 5 per cent, seemed to.
vanish n3thc5 early afternoon, when prices
were at their highest Forecasts showing
bank losses for the week approxlnlnting
1900, 900 were received with apparent fn-ss
difference, In spite OF the low stage of
reserves and surplus. The carly boom
In steel bore all the earfnarRs OF yes
S5terdny's open manipulation, and was ac-
q companied by rumors that d large pool
had been formed mt one Of the western
Industrial acenters to. accumulate the stock.
he ,'increascd dividend. rutnors in
connection with this stock were again IN
Gustriously circulated, while yelled sug-
gcstfons OF IA further distributiong8in
% Union $Pncific were given as the reason!
for the new move In that issue.
Trading soon fell on to very moderate
volume and the effort tofsustain the mar
8ket for a time, was abandoned.
The market gathered fresh impetus in
the last hour. when call money fell TO
q 1-2 per cent. in spite OF the popular be-
lief that the bank rcseryes, SonS the known
movements OF money. would probably
sEowgn deficit tomorrow. 539$fS$
ST. Paul sold within n fraction OF Its
highest point 8of the week and the buying
to-day aeemed to- come from brokers
frequently employed by Hartman In
terests.9 The sale ~ a small block OF
American Il Express stock at 26o,a the
highest. price In four years. was ID featurel
of the special group.
The market grew dull in the late trading,
with no marked tendency In either direc-
tion.9 Prices had yielded fractlonally, how
over, ana the market became d lmost inert
when in the last fifteen minutes a neA
movement ca me In the Hartman stocks.
which were traded In very heavily .as8I
union-Paclfic went t $50. ANEW high
record. Prices held Well2in London, where
tho general market seemed disturbed over
the probable change In the cabinet.
London was not q factor here. though
that market probably participated In the
late bIuying8o OF the Pncifics.5 Time money,
was firmer and In more limited supply,
n half per%cent. commission again going
with most ninety day and four month";
loans. while e year accommodations
thisEdate was equivalent to q per cent.
Bonds were irregular. Total sales, {2,-
1eS, 600 United States bonds were all ;nn-
changed on call. Total sales stocks. ~
49,. 900 shares. 8 Hill
NEW@YoRK, August 24.-Money %onEcall
firm, s and 6 per cent Ruling rate. 81;
closing bid, 3l-2: offered at44. 45E&s
Time loans strong: 90 days at q per
cent: 20 days, 6fo Ia: six months.
per cent. Prime mercantile paper. 51-2a16
per cent; fla sterling exchange weak.
SIS435Is i.s4i0 for demand. and mt
s4.s53OE for 60 day bills Posted rates,
sI,s2I--2a4.& ~. Commercial bills, 81. so 81.
Bar silver, &C rs Mexican dollars, 81 IL
IN EfDHH lrE rEN