Daily press. [volume] (Newport News, Va.) 1896-current, 1907-08-23
List Showed Prices Higher Gener.
ally But Bushes Was Moder-
ate IN Volume.
NOTABLE ABSENCE OF PRESSURE
Wine Money Market Shows Another
Acknowledgements Conditions in
,h,e Bond Market Found Further Re.
action-Traction Shares Fail to Re-
cover-Tota Sales.
ny Associated press.l

(By Associated prcss.)
F, NEW YORK. Aug. 22-Following
the early period of irregularity to-
days stock market moved to a gen
orally higher level business was only
moderate IN volume. however, aud op-
erations savored strongly of profess
SIGNALS
On the whole better feeling pro-
vailed as to the future OF the market.
This sentiment was based in part on
the absence of pressure to sell stocks
and the belief that all ordinary com.
mercial and Industrial failures have
been discounted. business on the ex.
change during the early session was
slightly cnlivened by the suspension
of an inconspicuous brokerage firm
whose embarrassment was attributed
to The failure OF its customers To
make good impaired margins. The
traction shares were an exception to
the general recovery. Pressure against
the marlborough Metropolitan issues
resulted in marked declines in both
the common ana preferred stocks. and
followed further reports of general
reorganization of the whole system.
Anohe cut in the price of Copper
was made by the local metal exchange
but the Copper shares held we'll above
yesterdays closing quotations.
During the late session on the EX-
change the movement became irregu.
lar again. prices sagging somewhat
on realizing for profits. Thb final
hour developed increased dizziness. but
on Il renewal of short covering prices
moved up and closed ut general net
gains. a notable feature of the clos
ing was further decline In Third
avenue stock which suffered net
loss of S% points. The time money
market showed an advance in thirty
days rates of G per cent. For the
longer periods. however. rates were
unchanged and the security continued.
The stagnant conditions in the bond
market found further reaction In fhc
advance in the interest rate on city
bonds from to Az per cent, the In
crease applying TO all but revenue
bonds.
Bonds were irregular. Total sales
of bonds par value. were $4,000. u.
S. bonds were unchanged on call. To-
tai sales today $780, 800 shares includ-
ing: Copper 1920 Sugar. 900; To.
bacco. 1000; c. & O.. 700; l.. Il N
200; n. e w, 700; Reading, 104,-
GOO; Southern Railway. 1900; South
ern Railway, pfd.. 200; u. s. Steel,
~ 900; V. c. c., 200; Sloss Sheffield
200.
Adams Express $50
Amalgamatcd Copper .... 70h
American Car & Foundry ..... 81
American Car G. Foundry pfd :. 93M
American Cotton Oil ...... Bog
American Cotton Oil pfd .... 50
American Express 1875
American Hide &c Leather pfd.. 1919
American lice Observation-Disclosures. 53
American Linseed Oil .......... s
American Linseed Oil pfd ....... II
American Locomotive ...... 81 "
American Locomotive pfd 80. 99h
American Smelling & Ring -. 95H
American Smelling & Ring pfd.. %
American Sugar Refining 500. .ll37 *
American Tobacco, pfd. cetrif.. 20
Anaconda Mining Co ...... a4M
ArchiSOn ............-... 80
Atchison pfd ...............-. 30
Atlantic Coast Line ......... 81
Baltimore &c Ohio ........ S9i6
Baltimore e Ohio pfd ........ ST
Brooklyn Rapid Transit $500. AZ
Canadian Pacific .........1 1913
Central of New Jersey .....170
Chesapeake & Ohio ......... 32H
Chicago Great Western ...... 9&
Chicago G Northwestern .1431a
Chicago. Mil e st. Paul 80. 1874
Chicago Terminal & Trans 49,. 4
Chicago Terminal e Trans, pfd.. IL
&C. c., c. e St. Louis ........ 5Slh
Colorado Fuel e Iron .......... %
colorado & Southern ........ %
Colorado e Southern LIST pfd :. 81
Colorado e Southern End pfd :. 40
Consolidated Gas .103M
Corn Products ............. 12A
Corn Products pfd ........... 63
Delaware & Hudson ........1 ISL
Delaware, Lakawanna e West. .45O
Denver & Rio Grande .......... %
Denver G Rio Grande pfd ...... Go
Distillers' Securities ......... AK
Erie Observation-Disclosures. 2O&