The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-05-29
TFNANeIlL AsB eoWWFRfIAE,

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tfoseat May ~
no dspiVHles besl seafhsf csadWian-
fsgt4rs sYftgitusasi IN a1ma fegpss ~ ~
W Hiefes sgtaFstan mahifa to-day ~ ffn.
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fesilnea u aaeufiiics sefs hsHvilf hHirs
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q h~tsieess NnewitNts sisr ~ ne
FiafF n me atapH y teHaHen snd IN tha Wall
aiFaes submission haoesa aeHsfaiie 80 NJ
'4fFa " iha 1,HeN' fHf 80 fe4ttpst ~ ne
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7 aasfs n nadine t,aet tehtuss ifHis ~
q fuls adyiaHiI fHfif customers fht' ihev
safs Hfstis ~ fIaffvef Hpf mift lenfite
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N,rsiisS atis vrHirGeE Nv aretu'sfipn rlihaf
fAf tbT flse ~ Nv iHe nv The 1riv wpye
merit IN valies ~ ~ seHtHper IItinf ihT
das saa \ daeilNe w ne Afaf hruf N hiis
Nee shiah sssuoi ~ ~ ttFerlv = eoui
iiritstipn ~ SATURDAY rather hesHauns
fetrasiuhi hut frum ihia = fryaivefv Swim
frllnwei lha' bfrisbt duu'atipn, tarb
~ no Saturday closing lowell From
iheH on tho market w. MAINTAINS 81
M y fesfiv svrh lalatrs uheIi ihe ripa1
hral duo'atiahs shovioe ave IN the
ctso 4 bnt oee NJ tsn soeks. snail and
irregular No, change tho sfsa,et altatr
NJ shatevef in,esca, there saa In tho mafhe,
to-day vas foriaasf uton READING ootnmon
stock This stock vas depfcaspd more
sharply than n other Isa,ie IN ihe early
trading, and fuar more vigorously than
any other when prices rallied. AMI trans
actions In " formed ohr-third ~ Tho days
total dealings In tho sharr market N
was tho general opinion that 'rn s~rnc'ila-
ton IN ihia quarter represented no more
thru tho buying and selling ~ y few large
operators whusn temporary control over
tho security In question wns we'll nigh ahso-
lute. owing 10 ia" small nnnting supply
~ the stock m tho finance \ district. 4
now cause urged for the advance IN Read
inR to-day. however, was tho theory that
various changes In railway management
in Pennsylvania which may possibly be
impending wuulI bring tn, managing
officials NJ the Reading Company 70 the
front. although how this should especially
benefit Reading stock was not disclosed
The American Sugar Refining and the
American Beat Sugar stocks were also
strong. one reason for which was said 20
no that these companies would supposedly
profit by the passage of the free alcohol
bill in Congress, and another, n belief that
closer relations between the two companies
than even now exist were IN be established.
The Wabash issues to-day we're less active
than they recently rave been. perhaps
because Of fears that tho propositions
looking TO the retirement Of the Wabash
debenture B bonds would not be accepted
by the holders Of those securities.
Sterling exchange rates were unchanged
to-day and the grain markets showed the
effect of n fairly heavy fall of rain over Sun
day throughout the winter wheat regions.
These rains nave now hecn sufficient. 1t
seems, to dispel the charge that the winter
wheat crop Is suffering damage from too
little moisture. On the other hand. both
call and time money rates to-day exhibited
greater firmness. IL il known. of course,
that in the present week payment will nave
to he made here of about $40, 900, 900 in sub
scriptions to new stock and bond issues
and in liquidation Of other maturing obliga-
tons of similar sort. while the nearness Of
the end of the month with its requirements
for dividend distributions and the like, also
necessitates more or less calling in Of money
Dy the Danhs' Inc preValllHg impression
in barking circles appeared to be to-day
that after the first OF June call money rates
would for a further period rule as easy here
as they have done at any time previously
the year, but that it was doubtful,
unless unexpected factors should enter into
he situation, II time money was soon offered
On a lower basis than It was in the last fort
night. The rate openly quoted for time
funds to-day for a period lasting beyond
The first of next January was from 81 to 5la
per cent, while very little four months
money was obtairable, as it had been here
.ofore, at "a per cent. There was through
out the day more or less selling Of stocks
lere for London account, and the foreign
markets were generally weaker. because,
presumably, of the approaching London
settlement and of more or less nervousness
hat is always felt regarding the Russian
situation. Russian bonds were
over to-day wherever dealt in.
Sew York stock Exchange Sales May rs.