The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-05-08
FINANCIAL NEWS
AND COMMENT
Heaviest Close Of the Week on
Professional
Selling.
A SPLENDID CROP REPORT
Winter Wheat Yield Of $780,
100000 Bushels Now
Indicated.
A SPLENDID CROP REPORT

Despite the extraordinary winter wheat |
showing in tho Government crop report |
,...,.-.,., ... .,o,r ,,..r., r,a. ~.
so''o'""' "o
heaviest ciose Oh the week. io'a' meanings
increased substantially over the volume |
Of business on Wednesday and tho cir |
cumstance was duly noted that this ex- |
pansion of trading accompanied declining |
prices. Business was for the most part |
Just as professional as II had BEEN but |
selling operations were encouraged by the |
fact that in the afternoon reactionary
sentiment which had prevailed among the
traders ever since Monday At last made
some distinct Roadway.
The feeling had been for several days
that the market was entitled" to q ma
terial setback on technical causes alone
following so rapid and extensive recov-
cry as took place week ago. The IN
fiuences OF the news in the past few days
nave been various ana contradictory. but
they nave provided balance OF FORCES AZ
the worst. ana had II not peen ior tne pro-
iessiopai nature OF the marker iolowins
at tne moment IL IL altoeetner hkeiy there
woulu nave peen inore RESPONSE oy auo,eu
vaIues 10 tne srauIynis character oI res
Iuen' "ison epPo'Iu',e.'S " ro
era, Eeserse Doiu anu W t"o ur'.i@n'
ssrIuI.uIsi sI'uaoh uisoo'o" - '"0 10
st,,, , y. ,ne iaI Season.
p SS -, eNS oes ""' 10 80
N~~1 D. 400 tuts %InN At.ar
III. ,,,n,aoa ,ns..rsa, go ,,sosas.iora, 49,.
80. ga ,hs ,ncraas. ~ raac,ion.r~ sar,I
want rasuiting from, na,ters ~ vary ii.
rac, wall S,r.o, ;n,ar.s, corsrai CON.
siderot,on. are Ukaiv 70 a...rt ,hamss,va.
NJ anv tina AGAINST such inNuences but
.o far a. ia NOT annarent that the mn rket
has either discounted the snlendid start
of the crop wear. or indeed paid any at
tention IN ~
When the traders found quoted values
were utterly unresponsiv~ 10 tho MAY cron
report they sold more actively and helped
To accelerate the mace of reaction The
customary leading issues Of the Lis, dis
PLAYED no aggressive strength at any
time and were rather soft in the last
hour. Under such circumstance. n good
deal of unsettlement resulted from Soma
features of weakness
Missouri Pacific broke rather sharn,v
and its renewed turn downward was nc
COMMANDED nv rumors NJ n hitch in the
NEGOTIATIONS that have been going on reIa
tive 10 the proyision of new financial sun.
mort for the Missouri Pacific pronertv
Possibly these rumors we're derived from
the tokens~ Of persistent "inside selling {"
hut no information was oh,ajnable 70
show that nagn,iation. mad heen hrolsn
or Nor VAS any fresh ,,eht ono, an
Rock Island affairs beyond the fact that
IN. railroad men who estimated the needs
of the property have been through, into
conferences to see II they cannot recon-
ellie ,heir difTarence, ond ave-, M agr..
men, which may serv. 40 n tasi. sor !. ~
avraement ha,weer III. .toctho,d.r. .nd
hondho,ders. committee.
Chesana.ko ana Ohio mn. mail. 80, 81.
nrevaisnce y, doubts a,'o,,t ,ha ,, ~"
nancs 90 ~. d,,,idand ,,,, or,,onm ,.n $3.50
oil shara. No -. ,,,o,,a,,,o,,, ,..a. -.
a ,sa,,a,,,ai ~ az. a..,,.. T.. t.o
70 m.o,,., tn. .'e, -. ~ 'ne ~
-. sn,s -. ~. -, W
s D' .e 'o VI
"a. g. ~, ~ no 'u''"e III ''7 ''~'
o' ..e ',.a'
i'ers'e oI'l'eIce Cotn"'ssion
nelueu "owh "hat was uescrloeu rs an
linporant ions ana snort maui decision
Ahectihs ranroaus IN Southeastern terri
hau u,"IIul.! IN UNDERSTANDING what IL
IL 10 me Inarhet' vi more CONSEQUENCE
was 'he ATTACK pF the Iowa railroad
SoI'nl,ssioiFr Ihoihe on MI Franoeis'
| ms tiraoe. following senator La Fol-
| ieues manifestation or mama, might Nfry
readily suggest that the haters or railroad
enterprise regard the Eastern rate case
as practically won py tho common car
riers.
mexican ahairs looked decidedly worse.
but were not urged during tho day
as reason FOR selling stocks. Neither
ala pressure come from Europe. although
foreign advices were not particularly en-
couraging.
The London stock market was generally
heavy and disturbed by the continuing