Waterbury evening Democrat., 1907-03-26
CONFUSION ONCE MORE.
The Stock Market Was Wild Again
 At Opening To-day.

New York, March 26.-Wild ex- citement and extreme confusion pre- vailed in the stock market again to- day. The action showed the con- fiicting emotions of operators as be- tween the dread of disastrous conse- quences to follow the fall in prices yesterday and the nervous apprehen- sion of the bears lest they had over- done the reckless selling of yester- day. The fright of the bears pre- vailed in the course of the first hour. This after some further wide breaks to far below yesterdays lowest pri- ces, confusedly mixed with violent advances. Different stocks in the same group moved widely fn-cuntrary directions at first. When the up- ward tendency clearly developed, fluctuations were wide and feverish, variations between sales running to large fractions or full figures both upwards and backwards.
 The copper stocks were most con- spicuous amongst the first downward plunges. Amalgamated Copper and Anaconda slumped 5, to IA and American Smelling points, the last named, however, not getting back to yesterdays low point. Outside of this group the divergent fluctuations in the first confused movements were generally limited to within 1 to 2 points. The further break in the coppers was directly traceable to the further slump in the price of copper warrants in the London metal mar ket to-day.
 heightened by the continued cheer fulness of the advices from abroad this morning.
 Confidence was still professed that the London stock market settlement would be concluded without serious trouble. In Berlin also it was re- ported that investment buying at the declines had come in to offer sup porting factor to the market.
 According to board room gossip the buying of stocks in the first hour was most substantial character in many weeks.
 Sentiment seemed to have under gone a marked change for the bet ter. Some of the more prominent traders who were recently very &C., tive on the bear side were heavy buy CTS and very general investment de- mand was reported.
 1 London bought and sold in the early trading but operations for that account were so confusing as to make the net result matter of doubt. Boston. March a6.-Weakness again marked the opening of trading on the Boston stock exchange to-day. Cop per stocks were carried down to new low levels for the year. Copper Range opened at 1J. yesterdays clos ing hut quickly fell to I:, 1-2. After opening at U. on T 1-2. North Butte declined to =. later climbing back to q. shannon which reached 2i 3-S in the early part of the year to-day open- esl at I34 which was off l-s from yesterdays closing. United States Smelling pfd opened at t2. decline of i-2. On the curb Coppers were fractIcnally lower.
 Copper. compilation of values which takes in the trading up to last nights closing. shows a shrinkage in the values of the copper stocks trad e,l in on the Boston exchange of over S2J0.O0Go from the beginning of the year. Thirty-four listed copper stocks figure in the large sinking of values. The largest individual depr.ssions were in Amaigamatel. s,2.sbI.Ts and in Rutte Coalition s1s.I2au1. in North Butte slGsa00 and in Calu- met & HerIa Slsps.Gza
 Traders attribute the tremendous shrinking in vaIucs to the general ueaking movement now in evidence.