Omaha daily bee., 1906-07-19
NEW YORK STOCKS AND BONDS
ssllins ordsn Chill the Attempts to Get
Prices Hishsr.
MARKET sTAGNAN1 NEARLY ALL DAY
Late oovesIng ~ Recon- shovts Causes
SiiEht Advance, Bet the
CIosinE Tone Is
Heavy.

NEW YORK, July iS,--The appearance
IN the market of stocks for safe gain
this morning chilled the haitins attempts
lowed Tor two Gays past. the seling
was attributed largely to foreisR se.ouR.
ana was seemingly oaSed on
sI slarm caused by the disc. d'rs IN Russ a
and the declining hopes ga arranstne d
workable compromise between the minis
terial authorizes and The controlling ele-
Hei meht IN ~ ths DUNE The kSs'isn seeufl- RI
sold securities on large scale In Lon
don. .t..
after the hours trading and the marAet
developed the same passive tenoeas. e.
Tor several days past. But the pro es-
sional trading element seemed to have
prices to discover vulnerable b ar ac-
counts. The amount ef snort contr
which have already been covered served
to weaken the technical position ol u
market. During the early Afternoon rhe
declining interest in the market had fallen
TO condition Of almost absolute stag
TO prices. About midday there was a
brief upward movement In Anal gamateu
Copper which seemed TO derive Its incen-
tton from speculative hopes OF an increase
in the dividend at the directors meetIu Z
tomorrow. II WAS reported that a dt' e
dend had been declared yesterday by the
aSs tSs 4s,s Of Sst
be announced at the same time as
algamated dividend today. This opened
q field for speculation, but there was ~
tie disposition to take advantage Of the
opportunity. The strength in the wheat
market was on mixed Influences, VIII h
counterbalanced each other in stock mar
ket consideration, reports OF damage to
American shipping wheat on the one
hand and of deficient foreign crops on
the other.
Published reports of a broadening . ope
in the intended movement for the prose-
cution of the Standard OIL company were
given some credit for the heavy tone OF
the market. Conditions in the money
market were but little changed.
succession OF large debit balances by the
sub-treasury reflects some large extra
bursements on government account bu!
these are likely to be Offset by tn nnal
repayment of the tl0,oo0,ooo Of govern
ment deposits due on or before July ;
Payments thus far made at the New York
sub-treasury on this account amounted
to but s2.400. 900, including payments
made on drafts from interior institutions
selves held $500, 900 Of the depositf
called. II is evident, therefore, that tn.
bulk of the repayments IL being deferred
until the limit of the period allowed. The
| effect on the banking position may nave
its part in the conservative attitu,e OF
| today's speculation. The foreign exchange
market was held steady today and mon ;
| in London was in demand. But hip
ment of $1,000, 900 in gold from Australia
| to San Francisco was reported tiiinoit
Central sold off on the estabiishment ot
its dividend on q renewal OF per cen'
| basis Room shorts covered to some eK
tent and caused slight Tecoveries, but tins
| closing tone was heavy.
| Bonds were easy. Total sales, par value
! sebS,OoO. United states as declined one
| fourth per cent on call.
The following are the qsctadons on ths
| Stock exchange: