Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-03-28
Stock Market Was Dull, Lack
ing in Features.
INTEREST ON THE CURB
Lawson's Mining Advertisement
Caused Excitement.
LONDON SECURITIES FIRM
Bank Statement Was Largely Ignor-
ed Owing to It's Involved
Character.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. March 2S.-Except that
trading was confined to two hours in
stead of a five hours business session
there was very little change to be de-
tected today in the general characteristic
of the stock market. AS is almost in
variably the case at the end of the week
proft-taking sales in somewhat enlarged
volume were conducted. but these played
very little part in shaping the course of
prices in the stock market.
Interest In the manipulation in the
newly introduced mining stock upon the
curb market was again active, which
only goes to show that the influence OF
Tom Lawson. which was exercised
through his newspaper advertisements,
has by no means lost it's force.
The mornings news was limited in
quantity and without much significance
in quality. The weekly reports of the
Country's trade set forth In rather UNI
defined form some betterment IN condl-
tons.
Firm in London.
American stocks were exceptionally firm
In the London stock market, and the deal
ings here for foreign account showed
other respects it was necessary to refer
To the mechanical circumstances &C the
stock market in attempting to assign any
special reasons for the course of prices.
II was commonly recognized that the
weekly bank statement would be 10 some
extent complicated in its showing by the
resumption of business of the knlcker-
booker Trust Company. and consequently
the outlook for that document was viz
tuaIly ignored. was the case yesterday.
Broadly speaking. it seemed TO be the case
that prOfit-Teal!zing sales on the part OF
large operators were fairly we'll onset py
new purchases for outside account.
ST Louis jobbers receive mail orders IN
large numbers for immediate shipment,
but quantities are small and collections
only fair. Manufacturing establishments
increase working forces and there are
more orders for future delivery. Retail
business is we'll maintained at Kansas
City. especially in farm implements. and
sentiment is improving by the favorable
outlook for wheat.
Seasopable lines of merchandise move
more freely at Chicago. spring retail ex-
hibits attracting much attention, and Wis
iting merchants are still active in the
wholesale markets, while mercantile col
lections are almost on a normal basis.
Trade improves at Cleveland, and building
Operations are resumed, while manufac-
turing establishments increase capacity.
but collections are unsatisfactory. Re-
years at Cincinnati. and clothing manu-
lecturers are we'll employed.
There is more forward business, but
collections are still slow
Wholesale trade expands at Minneapolis.
although merchants show greater caution
than in recent years. Some lines are more
active than a year ago. and most are fully
equal to 1907, while collections are fair.
Wholesale trade improves steadily at st.
Paul. there is a better tone in dry goods
jobbing lines, shoe factories operate full
time. but collections are backward
Bank exchanges this week at all leading
cities in the United States are $19I2,
bO6, ga. 500 per cent under year ago.
and 17.5 per cent less than in the corre-
spending week of 1905. The loss at New
York city still reflects in part the largely
reduced volume of stock market opera
tions this year; outside Of New York
there is a decrease of 1S.1 per cent COM
pared with last year. mainly due to the
much smaller clearings at Boston. Phia-
delphia, Baltimore and Pittsburg. most
southern cities and at San Francisco.
The losses at the west are still small,
notably at Chicago, while some western
cities report larger exchanges than last
year. and nearly all of them larger ex-
changes than in the corresponding week
in March two years ago, when trade was