The daily morning journal and courier., 1906-08-06
STOCK MARKET FEATURES
4 LITTLE SET BACK DUE TO
 REALIZING.

The Bulls Still Confident Hut No Rag
 ing Bull Market Looked For--some
 of the Wall Street Opinions.
 Saturdays set back was due to poor bank statement and the urgent realization of profits that ensued. The buls still claim to have ammunition enough on which to make up prices.
 Some of the Wall street opinions are as follows;'
 H. Mason Raborg, of Raborg & Man ices The remarkable show of strength made by the Hartman and St. Paul stocks unquestionably foreshadows an important deal, which will be of mu- tual benefit. The money situation has become more promising, which has also helped matters materially We shall have record crops, and with the contin- uation of present industrial conditions, we look for better market for the next few weeks at least.
 Atmore L. Baggot of Carpqnter, Bag got & Co.,: The stock records for twen- ity years past show but two or three instances in which the month of Aug ust failed of a bull movement. There are now abundant indications that we shall have better than the average August market. As the market broad ems and higher levels are reached ra- | Itural and sharp reactions should be prepared for"
 A. o. Brown of A. o. Brown & Co.,: The public is coming into the market nom, and the demand from this source will undoubtedly increase very rapidly if the interests now in control will con- tinue their support. Crop prospects are excellent, and conditions generally prosperous and 1t needs only the injec- tion of outside capital to infuse new life and strength in the market.
 Marshall, Spader & Co.,: Of the St.. Paul matter and Southern Pacific question especially, perhaps more at | tention should be paid to possible rights growing out of new stock issues. Meantime the stock market is real one of activity and romise, with the changes largely favoring higher prices ultimately.
 Watson & Co.,: The basis of the en- tire advance is the magnificent 1908 ag- lricultural prospects of our country.
 Charles F.. Ball of Ball & Whicher: The very fact of the enormous crops, land the great expansion of industrial land mercantile business, is conclusive that the west will call upon us for more money than at any time in the past decade, sand this fact removes one of the strongest props from the speculative situation, and the market will eventually be influenced adverse Fly by it.
 | Henry Stanley Hasklns, of LathroI & Smith: The business situation is SC Favorable that the general list should have another advance as soon as prof it-taking has run its course.
 John G, O'Keeffe of H. L. Horton & Co.: Reaction may go further, but i is doubtful if the advance in Southern Pacific and kindred stocks has culmin, ated.
 J. s. Bache & Co.,: Under the cir. cumstances we think the market vii decline further, but we would advise purchases at the lower levels.
 Chandler Brothers & Co.,: The sell : ing was apparently liquidation pure and simple of bulls with large profit: to their credit
 Henry Clews; The outlook for tn, stock market is promising for the req sons above noted. There are no indi cations yet of the rise having reached it's climax. At the same time the rall, has been considerable-from to i points-and a reaction due to profit
 taking may be looked for at any time
 Much depends upon the extent of re alizations. The market should now b
 sale on the good rallies, but also purchase on the pronounce breaks
 in other words, it is a good trading
 market.
 Prince & Whltely: We had beei
 looking for this reaction for the pas few days but as long as home condi
 tions continue as favorable as at pres ent we inclineto purchases of the bet
 securities on soft places