Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-09-28
Irregular Tendencies Contin-
ued, With Firm Undertone.
SELLING BY PROFESSIONAL
Days Dealings in Lighter Volume
Than Recent Averages.
ROCK ISLAND THE FEATURE
Traction Shares Observation-Disclosures
trial and Miscellaneous Issues
Mostly Heavy.
SELLING BY PROFESSIONAL
ROCK ISLAND THE FEATURE
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, September 2S.-It would
be to violate no secret of state or to be-
tray any condolences to assert that the
financial community, using the term in
its very broadcast sense, is becoming heart
lily weary of the blasts and counter blasts.
the ordinations and recriminatons which
are now being exchanged between the
several political camps.
These Examinations may be necessary
adjuncts Of such presidential campaign
as Is now underway. but on the other
hand they have not been regarded as
inseparable from former contests of the
same general description. The only point
to be made In a discussion of their rela-
ton to the market for securities Is that
these daily pronunciations and rejoin-
ders appear to be gradually losing the eff
feet which they have exercised up to
this time.
The lessened influence played by these
recurrent deliverances from Washington
and the shifting whereabouts of Mr..
Bryan may be the better understood in
the light Of the conclusion that Wall
street seems to be gradually reaching
that that community has very little either
TO fear or to hope for from the success Of
either one of the great political parties
The additional contributions to the con-
troversial side of the political cam
paign furnished the only new features to
the situation at large bearing upon the
market for securities.
Supporting Orders.
For the reason mentioned above they
appeared to play a very small part in the
days dealings in securities. The transac-
tons continued to show irregular tenden-
cies. but firm undertone was maintained
during the greater part Of the business
session. and rather persistent selling by
the professional traders Of the board room
encountered supporting orders from more
substantial quarters. The business of
commission houses in general was upon
q very small scale. and the days dealings
were In much lighter volume than the aV-
erage transactions of last week.
The ROCK Island issues continued very
prominent In the transactions in the rail-
way list without producing any definite
and authoritative announcement respectine
forthcoming development in the affairs Of
that system. The Rock Island securities
also moved 1rregularly, although even In
the absence of definite statements 1t may
be said that there is sufficient warrant for
great scope are under consideration look
Ing to q readjustment of the tangled at
fairs OF this big corporation.
Leading Railway Stocks.
Other leading railway stocks were Ca
madam Pacific. st. Paul. Reading. the
Hill shares. together with Southern and
Union Pacific. but in the dealings in most
OF the stocks mentioned there was moth
ing more to be adduced In connection
with their uncertain movements than the
identity OF the largest buyers and sellers
upon the floor of the stock exchange.
coupled with the supposed identity of the
capitalists from whom the orders issued.
The traction shares were neglected and
the industrial and miscellaneous issues
were for the most part heavy. Excep-
tional strength was displayed, however,
by Colorado Fuel and Iron and CONSOLE
dated Gas. even though the transactions
in those stocks were characterized by the
irregular appearance that marked the
dealings elsewhere.
Money market and foreign exchange
Conditions showed no material alterations.