Daily press. [volume] (Newport News, Va.) 1896-current, 1907-08-20
REPORTS WERE GLOOMY
But MARKET FIRM
Trading HAS Extremely Small In
Volume But There Was a MAN,
festatIOn Of Strength.
IMMENSE DECLINE m IMPORTS
Over s5,ooo,ooo Short of July Year
Ago-ordcrs for New Business in
the Iron and Steel Trade Failing
off-The Total Sales and Closing
Quotations.
(Ry AasocInted preasl

face of many misgivings today's stock
market opened with some manifesto
lions of strength. Price movements
were decidedly irregular and hcsitat-
ing, however, and trading was in
much smaller volume. Events of
the doy were for the most part en-
couraging. Reports from the traffic
managers of the leading western rail
roads showed no dimnnition in freight
tonnage, but the roads operating east
of Chicago and st. Louis reported II
slight slackening of business which
was attributed in measure TO the
photographers strike.
| Railroad earnings I'm gross continue
very largc-much In excess of last
lyear-but net results are not alto
gcthcr satisfactory. Some interest
was felt in the statement issued by
the Department of Commerce and
Labor which showed the remarkable
decline of over $5000.000 in our ex-
ports for July rs compared with the
same month last year The trend of
affairs in the steel and iron trade
was reflected in an interview given
by the executive head of one of the
large independent companies in which
1t was frankly admitted that orders
for new business were falling off.
business on the local exchange was
reduced to nominal proportions in the
AFTERNOON. Extreme weakness was
| shown by the traction shares. Inter
borough-Mctropolitan preferred and
Brooklyn Transit selling below last
yelopcd little change and the market
| n1nCnI nn will,
Foreign exchange made further
jump over Saturdays unexpected adj
Vance.
Tho bond market was irregular.
Sales par value amounted to 81 ,3i2,-
600. United States government bonds
were unchanged. Total sale of stocks
today 100000. United States govern
ment bonds were unchanged. Total
sales stocks today iS6,200 shares in
cluding. Copper, 46,S00 Smelling
22,7O0; Sugar, 700; Tobacco. 100; A..
c. L., 700; L. & NJ. 900; N. * W..
300. Reading. 63.dO0; u. p, 10000;
Southern Railway, 700: Southern
Railway pfd., 200; United States
Steel. 44.S0O; Sloss Sheffield, 900.
Adams Express ...............15O
Amalgamated Copper .. is
American Car & Foundry .... 81
| American Car Il Foundry pfd.. %
| American Cotton Oil ....... 80
| American Cotton Oil pfd .... So
American Express ...........175
| American Hide 4 Leather pfd.. l6
IAhcIlcan ice ................ 81
American Linseed Oil ... 8
American Iinsccd Oil pfd .... II
American Locomotive ..,... 50la
American Smelling & Refng. $685.
American Smelling & Ring pfd 94M
American Sugar Refining. .l11M
American Tobacco ,pfd. certif. 75A
Anaconda Mining Co ....... "A
Atchison ................... S3M
AtcnIson pfd observation-disclosures. 30
Atlantic Coast Line ....... 7SM
| Baltimore & Ohio ......... S7M
Baltimore Il Ohio pfd ...... 81
brooklyn RAPID Transit ..... 39M
Canadian Pacific ........ .163%
Central Of New Jersey ........170
Chesapeake & Ohio ......... 3lI
Chicago Great Western ........ 9h
Chicago e Northwestern go. .14lM
Chicago. Mil. & st. Paul. =. .l20%
Chicago Terminal & Trans 80. 3
Chicago Terminal & Trans. pfd 10
c. c.. c. & st. Louis ...... 60
Colorado EueI G. Iron o21k
Colorado e. Soniharn 81 nfd III
CoioraIo e Snn,hnr', o., p nsd a. ~
lConsn,,1o ' ca. -"u p'"' 40 ao
Corn prodnc,s 9"s '''''''''.'''i v Io,l
Corm - ,oa"o.s .,,,,'''''''.''''' c ca ~ ~
Deiawaro G. nuds sn 10 .
Dom "m"'e S 81 i r"a ''''''''''loa
49,. Mo Mo ",anu. '.:.;;'''''' 90 ~
nisti,,ar', Snorr' ,J"'0 pu'''''' "a,
80 Hc'u'''ics '''''.'.'' aaM
Erie ist ma &c
, Tr,o a as Pa '''''''''''''.'.' a oi%
c Com, IA" r,, pau .'''''''.'''' SsA