Omaha daily bee., 1909-09-09
NEW YORK STOCKS and BONDS
Market Irregular on Runners Con-
corning Harriman's Illness.
CROP NEWS Is A FACTOR
Government Report Causes Advance
In Wheat and Corn, and Ada 60
Heavy UndertOne-BOnds
Are Easy.

NEW YORK, Sept. s.-The speculative
temper still showed itself IN a state OF
hiEh strung s~ensitiveness to news from
me beside or e. H. Hartman and the
various price Quotations OF stocks during
the day were the faithful reflection Of
nothing put the advices which filtered
through from the house on the top Of the
hAmapo m%ourtAins into the regions Of the
financial markets. The news was exceed
ingly meager, much OF II vaguely outlined
and some OF t. contradictory. The price
movement therefore was confused and sub
tect to shifts In the current, with sub
sidence between times TO a condition of
Stsgnati9n n an attitude OF waiting FOR
The shifting tide OF the market made II
Ideal for trading purposes for those who
were agile enough to follow It. That the
condition OF the sick financier was regarded
as grave was obvious from the close at
tentiOn paid to all news on the subject and
TO the growing disposition amongst finan-
ctal magnates. associates to recognize the
fact with more candor in the discussion
for publication. II was considered that
this policy was calculated to lessen the
danger Of shock from possible bad news.
II was pointed out, also, that the absence
of the guiding head OF the Hartman
properties from close application to their
direction had been long enough now to
demonstrate the capacity of the organi-
zation to run with substitute forces pro-
vided. The length OF time in which Mr..
Harriman's precarious health had been
subject Of public knowledge and dis
cussion and even. OF active speculative OPP
e~rations In the stock market makes II
certain that the speculation has fulfilled
at least partly its normal and Legitimate
function OF anticipation Of possible con-
tinKencies. Insurance against the future
is sought I'm all such cases.
The character OF the crop news for some
time has paved the way for the poor
showing Of the government crop report
published today. The fact that both corr
and wheat advanced after the publication
OF the report was taken as evidence that
the previous rise in price had not ade.
uuately discounted the falling off in con
dition Of corn and spring wheat. TIL
heavy deterioration in the condition oil
corn during August serves to impair the
hopes of a bumper crop for that cerea
and the spring wheat condition at tbs
harvest gives point to recent warnings
from James ]. Hin Of the Great Northern
railway against over estimating that crop
The growing money requirements Of tn,
interior are reflected in demands on tn,
New. York banks and In the falling OF
In the offerings Of bank notes for curren
redemption. These factors may have in
tluenced the heavy undertone Of stocks
but they did not prevent the early advance
when Mr.. Harrimsn's state was reported
improved. nor a sharp recovery when hi
phvsician again announced that he wa
better.
Ponds ware easy. Total sales, par value
S.SSOO0. United States bonds were un
c-ar~od on coil.
Number OF sales and leading quotation
on stocks TODAY were as follows: