New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-17
REVIEW OF THE
STOCK MARKET
Prices Irregularly Lower
in Uncertain Trading
The Close Firm.

The market Yesterday was uncertain
pernlexed over the outcome OF Ihe
meeting Of New Haven directors me
dav began with securities lrregularly
,yesk and considerable professional
ealing appeared in the early uadlne'
BEFORE noon prices rallied and IN the
late trading covering Of some OF the
extended shor. commitments OF 'he
last few DAYS gave a semolance Oh
s,renc,b TO the close. Little evidence
was seen Of outside buying attracteu
nv low prices. Changes on the oay
we're irregular, with declines more gen
eral among the active issues. BonGs'
anart from the more speculative oOI-
cations, were quiet.
New Haven made another 10" rec
ord shortly after the opening out Re
covered. and was point hlgher ~ 'ie
oioss New York, WeStchester
Boston Az per cent bonds IN spl'e oa
talk OF the strength Of the guarahtee
through which they were bound 20 4ne
New Haven system, went lower NJ
norts from the meeting OF New haven
Si,sc.ors were received with interest,"
INT news that the directors were ho5
Manning voluntary recelVersnlps anu
had not agreed to the terms OF SSle
~ the Boston & Maine came after '"e
close. po1.;,ro,e
T. Ohio common and preferred went
Lover Union Pacific directors an
nounced that distribution OF us DAll'-
more & Ohio holdings would be mao
on Monday, and the Supreme Court III
accorda nee with the decision hahdeu
dow n ~ the Court OF Appears tnIe"
on, suit TO prevent the dlsoursenlS,n =.
Rock Island shares declined iui my
and the debenture 5s we're ne"Nl.i
sold. with loss Of 4 points MlSsoui'
Pacific was quiet, but Denver ShaIes
and the refunding 5s sought 10" ieNelS'
The Missouri Pacific system u 10 un
derstocd. is 10 be reorganlzeo "i'nvu.
receivership, and II IS expected e.ai
the Gould name, so long SssoCia .oS
, u tho nroperty. will be eliminated
Iarge mart Of the family holdlngs
Lor;D9 already been disposed OF.
Densr,ure Of the Mexican Dictator
,rh;cb few months back would nave
s,;rred the market, was practlcaIi!
;,,rorsd beyond some firmness IN Amer
car Smelling and Refining and Mex
;can petroleum. Reports OF counter
rsyolutions and doubt as to the at'i-
80 which the Constitutionahst ieau
49, would take toward the provisional
Prssident. OF course. robbed Huerta S
resirnation Of some immediate signih-
canoe. ,a follou,;nc
Canadian Pacific recovered 1olo"lne
announcement that no new issue OF
etocL was in contemplation Tor the
nresert Steel again went below o. 70
r. lowest on the present movement,
hut made up later the greater par oi
;ts decline. Reading was uncnaheeI
and Copper was firm. A NUMBER ol
snecialtics declined a point or more
Adams Express on single transac''o"
losing 3 points, TO 81.
European markets, more accustoheGi
than our own TO interpret international
DEVELOPMENTS. were more cheerlul a.
tbe result Of the better outlook IN
Wexico. The Bank of England reported
az increase in its bullion holdings OF
noariv 100000 and further improve
r,ent in its reserve percentage. ne
Rank Of France. for the first time IN
weeks. made no important gam IN golu
ON hand. The deposits and loans, wnlch
Nd Increased so remarkably IN prep
aration for bidding on the government
ozcrine. fell of. Here call money
was easier. with renewals at 20 per
cont and time accommodation was
shade lower for the shorter dates