The San Francisco call., 1906-08-28
New York stock Market.

NV YORK, Aug. 27.-New high records
% %e.e REGISTERED by 81. Paul and Atchison in the
ss - oL todsys stock market, which was, for
- most. part, irregular and dull rejecting
- Rlltthef prott-taking in the Hartman issues and
oslet stocks whose recent advances have been
vas. attributed OF the returns for that system
& ~ july which showed q net increase Of S420.-
eeA The lists tendency toward beaviness re
.fecteo the disa ppointment shown at the failure
% our bankers 70 secure even a share Of the
soutn African gold landed in London. AS q
nstter Of faet all the days known develop
4: Iaeo1s suggested absence of anything like
1EEest demand for the metal from this quarter.
q lnere Nes q little change IN the foreign ex-
sesalee situation, although the rate weakened
ss1sf more later in the day snd the only inter
estlpe feature regarding this phase the an
snouneement Of an engagement IF $3.50 600 Aus
ltailsn gold, which VIII not be received here for
OF recent days and was again largely limited
= me saEae stocks that made UP the great bulk
Southern Pacific, Atchson. st. Paul. Reading.
InHeo States Steel and Amalgsmated Copper.
.to thls very small list might be added Sugar.
which was a pronounced feature OF the early
trading by reason Of it's sharp advance on rela-
ltfeIy large transactions after a prOtracted pc
. rnoG OF inactivity Sugars dividend time IS ap-
% preaching ana IL is not unlikely that today s
movement was an attempt 70 discount that
rfsl change, call loans opening at So per cent.
With an increasing demand for and a reduced
supply OF time accommodations Nevertheless.
. conservative banking interests professed 10 feel
more az ease regarding the outlook, basing their
-neIes on the belief that the banks OF the West
ano Southwest are preparing TO do much Of
their own crop financing. also that the Govern
ment viii continue, II occasion requires, TO re-
L@enish the money supply at interior points.
western advices show that the outlook as re-
Rsres railroads continues very bright earnings
- .instanced in Atchison. running well ahead Of
last year. grain showing increase OF 20 per
cent with mercantile prospects especially
promising. All the Eastern roads are being
taxed beyond their carrying capacity. traffic
being far in excess Of moving facilities. Per
ss1ent selling OF the active list began TO show in
the general decline Of prices early IN the after
noon. The features Of greatest weakness were
81. Paul Smelling. Chicago and Northwestern
Union Pacific, Northern Pacific and United States
Steel While number of specialties registered
marked receSsions. The movement was accel-
Grated by selling from London. which reported
sharp declines IN Russian securities. The clos
lng was weak al about the lowest prices Of the
day, Further weakness was shown in foreign
exchange. which. declined 4-S420 just be
fore the markets close. the lowest point Of
present movement. Noteworthy railway returns
of the day. besides thar Of Archison we're Louis
vile and Nashville and Southern Railway. show
ing gross increases for July Of 100000 and
Sl2s. 600 respectively
a. drop Of pa IN Cuban bonds reflected the
troubled condition Of a1sirs in that country
Otherwise bonds were easy. Total sales, par
value. S3.alO.O00.
United. States bonds were all unchanged on
call.