Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-02
Prices Moved Very lrregularIy
at the Outset.
FIRM UNDERTONE SHOWN
Sharp Rise in Wheat Featured Com
modify Market.
LONDON WAS GENERALLY WEAK
Operations for Foreign Account on the
Selling Side-Dividend Rumors.
u. s. Steel Heavy.
FIRM UNDERTONE SHOWN
LONDON WAS GENERALLY WEAK
u. s. Steel Heavy.

epecal Dispatch to The Star.
New York. October 2-There was a good
deal Of curiosity today as to which stock
might be selected to pay the role filled
On Monday by Canadian Pacific. and on
yesterday by st. Paul. There Is no doubt
chat the weeks violent uprushes In these
two stocks has proved decidedly discon-
EerIing to the short interest In other Sc
CuritieS. Prices In today's stock market
moved very irregularly. but a firm under
ZONE was apparent during the larger part
~ the business session.
Trading began with no particularly novel
encentives TO speculative activity In either
direction. nor were there any important
developments with the course of the day.
She money market continued firm and &C.
tive. and the banks increased their loss
through their operations with the sub
treasury up to nearly 100000 The ster-
ling exchange market was firm.
In the commodity markets a sharp rise
Book place In wheat prices while cotton
broke sharply upon the appearance OF the
government 3 report upon crop conditions
= number OF dividend declarations. none
OF which furnished any surprises, was
shout the only news of Importance relat-
Ing 10 Individual stocks.
The London stock market was generally
weak with pronounced pressure upon all
the canadian securities and the copper
stocks. the latter declining in sympathy
with further fall In the metal. Opera
lions here for for ign account were alto
kether on the selling side, nut were not
much in excess of 10000 shares. There
was no very definite explanation OF the
weakness of the general London market.
although heavy selling for Paris account
mas reported there.
B. r. T. Stock Firm.
Transactions in one stock or another va
NJ 81. IA.
and range OF fuctuation. At all events
the trading was unaccompanied by any
part cular news of suggestive gossip except
In few instances. Brooklyn Rapid Transit
Yas again exceptionally firm in advance Of
the publication of the company's annual re-
port. which. II is said. would be = very sat
isfaclory exhibit Rumors were current
elsU that dividend payments on the stock
would be instituted much earlier than has
been generally expected and IT was said
1urtter that the public service commission
you'd grant clean bill OF health to the
cpmrany as the result of the investigations
Of that body.
Notwithstanding the weakness of Cop
Per securities in London, Amalgamated
Copper huctuated in common with the re-
DldIAder or the market. showing occa sional
Mt OF apparent weakness and apparent
Strength.
generally speaking, heavy. Following the
extf1ple OF Canadian Pacific yesterday
aft"U its sensational rise of the day be-
for. st Paul opened well below its clos
ing figures. and ruled below them during
the greater part OF the day. The some
whit marked weakness of Southern Rail-
way attracted some attention. although
RI course of the stock not accom-
paid by any convincing gossip.
The volume of business was maintained
upon about the same scale as OF yester-
GAY. and active trading remained concern
trad upon the same speculative favorites
Of he past six months or more.