The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-06-16
ID MARKET IS
|TAND L|STLESS
Week Presents Fe"
;,,, Offering Encour-
to Traders
hNFLuENCEs, ,,no,e
mONNATTNG FACTORS
Is for Money at
nd Abroad Cause of
CnessinesS.

rorE June l5.-The heavy,
,.re Of the speculation re-
E,s,rsd in today's stock mar
u. Influences played some
moving, especially on ac'
:, bearing of the further
ali for export. The finan-
in Alexandra were re
= r 1riitfhdrswal Il from London
Il 10000 for shipment to
| '.',snuts rose IN response IN
4, rsrewed complications in
..ss,s turn attention to the
Az. and promise a conunu-
.s,nand from that center for
~ exchange in this market
.,sutd 6rm today: The bank
. vr.sled a larger decrease
.,u had been estimated, and
no loan contraction TO re-
;,oGts, the already narrow
.siIl further depleted. The
| 4 mas believed. did not fully
3,u,uds upon banks, in view
" payments, which fell due
s;ro the Standard Oil, Con-
"a and Delaware, and there
~ raysble the first install
|-ssrptions on new Southern
r.i,utd stock calling for
4. of the loan item of the
q be thrown forward into
Ia statement, The foreign
'rsn. for May was regarded
IA owing to its bearing on
"a situation. The heavy in
rrthsndise imports so far
. raIl gains in value of eX-
NJ excess value Of exports
rrh was reduced TO $4,000, 900
. nth s25.649.000 for May Of
4 Union Pacific was under
N pressure owing TO the re.
rEirs of the Chicago g. Alton
Rock Island control The
.Fine almost stagnant before
orlement appeared and prices
Eftly afterwards.
II uarket was also easy.
n pi value $4,000.
II marker OF the week has
|'.s lsck Of confidence on the
~ tpgators 10 take on stocks.
n favorable Incidents were
n fir as any effect was mani
frfs. The most notable Of
o,s factors was the growth of
p 'Te the prospects for the
IA Prom the time of the ap.
q Monday of the government
p IS OF june |, the prevailing
rrites Of wheat was down
ru.extended speculation in
y gas partly responsible for
Eat, but the Government re-
X substantial effect in quiet
'irshension which had been
Icsnble failure of the total
~ Another incident which
alaeilou in financial circles
rl0 Of Governor Hughes of
icH two'ceDt railroad fare
nguments contained in the
ior caution in the pursuit
,,pal cause Of the restraint
nv was the money outlook.
Immediate requirements
July |. These arc unusual
g ihe regular purposes of
interest disbursements,
2apllsated besides by some
I'snlents for syndicate pay
cpnd offerings. The inter
hs outward movement of
2 the week aroused some
snls demand against the.
sNe' mad been satisfied but
.9n OF shipments on Satur.
s,.,sd these hopes. The low
NE surplus reserves Of the
II. snks' with this prospect of
IN the interval by the
ia oegets caution about
~ q, Of obligations for com
lie stock market.
during, the week of a
steel enterprise was
=. @ 81 much discussion. The
AIulbuted primarily 10
,E.,' 'asn resources into ex-
=, a ,s ieft the enterprise de.
I .1D;,,,' we -, money market for
,,n.,. s. Inc conduct of prof.
,';.; ~: did not avail 10 se.
~ ',le credits. The outcome
|s,,,, a. ono more illustration
|ii'gs a"pp supply of capital.
-, , public expression of dis.
=, V'st ' the credit outlook for
ma an Influence in emphasiz-
s,,Sl,v..slon; There were m.
|sSsr,ra.'on during the week al.
E.,,. .'asslmcnts Of mercantile
n ,r,,,h winch have made heavy
3, ,,,ens,lons, ,,ui,i which the Milf.
l,;is. ;sostd "a credence for. ''''
y sonost n,oftmuiation of these ru.
us.pO''unlty, however, for
saItet continued apatbetic
.sglug effect on spermIal;,,. opa'ne;,g. :.
ma dme revival of the 40.
n 80, Is looked for AS the
5 sEs. a Of recuperation in the
H. bond bonds were unchanged