Daily press. [volume] (Newport News, Va.) 1896-current, 1907-05-16
Gave tho Traders an Opportunity to
Move Prlcee Little, Something
They Have Been Unable to Do
Wheat Influences Llst-Total Sales
and Closing Quotations.
lBy Associated rreas.l

f
the Interstate Commerce Commission
on the results of the inquiry into the
Hartman combinations. The charac-
ter of this alleged document was Sc.
were In Its structures upon conditions
revealed by the investigation and
some drastic recommendations were
included looking to the correction OF
existins abuses. The substance of
the report and the nature OF alleged
recommendations contained nothing
that hns not been the subject OF
stock market discussion and of pro
fessed apprehension ever since the
sensation created by the testimony
before the commission. the feeling
reaching It's most acute stage I'm the
heighth of the March phnlc In stocks.
Stock market gossip says the timo
has arrived for comprehensive so.
luton OF the problems to he present
/, ed by the measures for the dissoll.
>tion of relationships In the Harri.
nun combination which was to result
In the distribution Of valuable rights
to stockholders to share In the rs.
sets thus prohibited TO the corpora
lions. The appearance of anything
like a sensation, cnme as welcome
reaction to tho traders, who have
found the greatest difficulty in max.
ing stocks move In either direction,
many being led to abandon the mar.
Ret entirely, both the wheat and cot.
ton markets, which absorbed still II
large share OF the speculative nc
tiyity usually expended in the stock
market.
The persistent liquidation in the
wheat market had It's Influence on
the stock market and there were
comprehensive rccoveries from the
early declines before the market
broke on the interstate commerce re.
port. The effect OF that factor was
modified to some exten when the
recommendations described were
said to be those Of the counsel to
the commission and not yet adopted,
by that body itself. but the late re.
covery In the market was due prln-
cipally to covering of short contracts.
There wns no important change In
MONEY conditions, Bonds were
heavy. Total sales par value 01,G04,.
600. U. S. bonds were unchanged on
CALL. Total sales stock $4,000
shn:es: Copper 2+,l00; Sugar 1000;
A.. c. j.. 800; b. q O. 900; c. G. O.
5,3O0; Il. & n. 500: Pennsylvania 90
SEQ, N. &, w. 400; Reading $4,000;
Union Pacific $4,000; u. s. Steel
24,2O0: Sloss Sheffield Steel 1900.
Adams Express ...............290
Amalsamated Copper .......... 30
American Car & Foundry ..... S7h
American Car & Foundry pfd ). 9ala
American Cotton OH .......... a0&
American Express ............ 202
American Hide & Leather pid 20
American leo OBSERVATION-DISCLOSURES. W
American Ice pfd ...uU'
American Linseed Oil ......... IL
American Linseed Oil pfd 49,. &c
American Locomotive ......... 62
American Locomotive nfd 49,. .105
American Smelling & Refng 1907
American Smelling & Ref pfd. .10Sh
American Sugar Refining -. 1926
American Tobacco. pfd. sertit.. 92A
Anaconda Mining Co. ......,... G3
Atcmson ACKNOWLEDGEMENTS. S4A
Atlantic Coast Line .....,.... 1904
3 Baltimore & Ohio ............. 81
Baltimore G. Ohio pf ....... So
Brooklyn Rapid Transit ........ GO
Canadian Pacific ..-.......... 171A
Central of New Jersey ....... ISL
Chesapeake & Ohio ......N.... 1914
Chicago Great Western ........ IL
Chicago & Northwestern $50. .152k
Chicago, NIL. G. st. Paul $500. .133
Chicago Terminal & Trans. -. G
B T.
Ca c.. @. & st. Louis ......... 7SA
Colorado Fuel & Iron ........ 34h
Colorado & Southern ......... 24A
Colorado & Southern, LIST pfd... 50
Colorado & Southern, End pfd.. ASH
Consolidated Gas ............ 1929
Corn Products ................ 19&
Corn Products pfd ........ :. 76
Delaware & Hudson $50. -. .175H
Delaware, Lackawana C West. 46S
Denver & Rio Grande 49,. 2Sss
Denver & Rio Grande pfd 49,. 20
Distiller's Securities ........ 6SM
Erie observation-disclosures. 23A
Erie 1st pfd ................. 55A
Erie End pfd ................. 80
General Electric .......... LAG
Illinois Central .141
International Paper .......... 1919
International Paper pfd ...... rex
international Pump 49,. rs
international Pump pfd ....... rs
Iowa Central ............. lS%
4 Iowa Central pfd ......... 80
Kansas City Southern ......... 25h
Kansas City Southern pfd -. 80
j louisville G. Nashville .1I6
Mexican Central .....,.. 81
minneapolis & st. Louis ........ 40
MIMI, St. p. G. Sit. Ste. NJ. .1O1
I Mimi, st. p. C Sit. Ste. M. pfd. 1872
MISSOURI Pacific ....... TAX
Missouri. Kansas & Texas. 35i5
Missouri, Kansas & Texas, pfd.. 645k
National Lead .... IS
National r. r. of Mexico pfd.. SO (