Daily press. [volume] (Newport News, Va.) 1896-current, 1907-08-21
Considerations Of Political Charac.
ter Governed Wall Street Thor.
oughIy and Completely.
TRADE HALTING AND UNCERTAIN
American Tobacco Broke Twenty.
Nine Points During the Day. Be.
cause of Enforced Liquidation-clos.
ing Fairly Active and Frm-Thc
Total Sales and Closing Quotations.
ny AssncIatnd prcsaA

NEW YORK. August Cocoon
sidcrations of II political character
governed todny's stock market almost
To the exclusion of all other things.
Secretary RATS speech which Wall
Street chose 10 regard MS the key
note" of The next national campaign,
and President ROOscyelt's Province
town address were practically the sole
topics of discussion in financial and
speculative circles. There was ma
turally much conflict of opinion as to
the Significance of these important
uttcranccs, business on the local OK.
changes was hating and uncertain all
through the early session. ana opera
tons were again in moderate volume.
Tho undortonc was uncertain, but the
fact that the market became dull ON
all marked rccessions was regarded
as u favorable sign
London seemed disturbed nj the
tone of Secretary Taft's speech Other
continental markets werc unsettled.
Tho weakest issues In tho local mar
ket were the traction shares, which
Went lower than at any time in this
particular movement. In fact brook.
Ign Transit sold nj the lowest prico
In some years. and the marlborough
Metropolitan stocks went to new low
levels. American Tobacco common.
which Is supposed to he controlled
in large part by lntcrborough Metro
politan interests, broke twenty-nino
points ON tho curb during the early
session ON what appeared to he en-
forced liquidation, Tho general list
made further recovery in the last
hour. highest prices OF the day being
then attained. Final prices were
somewhat higher ami the closing was
moderately active and firm. Local
monetary conditions ovinccd further
hardening tendency. some over
year loans on all Industrial collntcrals
were made mt the high rate OF Z -
per cent Tho only noteworthy rail
road return of the day wns that OF
tho Louisville 4 Nashville road.
whose annual report showed Il small
gain in net earnings and corros-
pondingly slim increase In surplus.
Tho bond market was Irregular Total
sales par value. werc Sl.230.000. u.
s. 3's and the registered As declined
rs per cent and coupon fours IA
per cent. Total sales OF stock today
713.S0O shares including: Copper a.
900; Smelling. $4,000: Sugar. LOO:
Tobacco 500; a. c. L. 800: brooklyn
Transit 2i5OO; C. e o. 200. n, 4
w. 100: Reading 126,200; southern
Pacific 22.G00; Southern Railway l..
500; Union Pacific 10000; u. s
Steel $1,000 V. c. Chemical 500; de
pfd. 100: Sloss Sheffield 500.
Adams Express $50
Amalgamatcd Copper .......... 69A
American Car & Foundry ...... 37h
American Car 4 Foundry pfd.. ~
American Cotton Oil ..... S0M
American Cotton Oil prd .... 81
American Express .175
American Hide & Leather pfd ..l6
american Ice Observation-Disclosures. 90
American I4insccd Oil ...... s
American l.insecd Oil pfd .... II
American Locomotive .......... SIG
American Locomotive pfG ..... %
American Smelling & Refng 49,. 9dM
American Smelling g. Ffng pfd.. 9ih
American Sugar Refng ....l12
American Tobacco, pfd. ccrti. -. ~
Anaconda Mining Co ......... AZ
Atchison ACKNOWLEDGEMENT. So
Atchison, pfd Observation-Disclosures. 50
Atlantic Coast Limo ......... 81
baltimore & Ohio .......... SSH
baltimore & Ohio pfd ........ 81
brooklyn Rapid Transit 42W
Canadian Pacific .l649s
Central of New Jersey .165
Chesapeake & Ohio BIZ
Chicago Great Western ..... 9R
Chicago & Northwestern .....142
Chicago, Mil e ST. Paul ..l22%
Chicago Terminal G Trans s
Chicago Terminal & Trans pfd.. 13
G. G.. e st Louis ....... rs
Colorado Fuel < Iron .......... 23A
scoioraao y southern .......... PIX
So,orado y southern list pfd.. 50lA
colorado d Southern 2nd pfd :. 1915
Consoiina'ed Gas .............1 10. SM