Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-19
OPINIONS ON MARKET
FACTORS VARY WIDELY
Wall Street Uncertain as to
Cause for Movements.
Confidence Indicated
Stock sales today on the New York
Exchange totaIed POI 200 shares.


Nor yor,, 1uro 10 Tho <o,,. yo.,,
Eronir, Srr,. 6nono;oI ro,iow this
oftonraor, . 10 -, foIIa,,,..
T. :. Jo,,htf,, ;e .hono ho, n hoo,
= .;,,, l., wam at,oat ,,,,,a, t,aao l,o,
o,,;at,1 ata ,,;o.. a.a,,
a,,f,,s:o. g ,,,;.L ..t ~,
foa.ona ,,e,,. a,,ano.;,, ,,.;.i,;,, 49, aoa,,
,;.;aa a.,,o. ,I 80 a. s,,t,,n - -.
tho r,orl,ot
W., ,.,,.-,
.bo .nnd;nn todon +hoY o;.han -, 1r'or
,ia, s nn s,.sn. [ .h. ,Ja..a
eus CO. W u"'' ,ho .i' ""n.l 'on' ""1
.'"' '",o"s'out anu 'nc'c "',c us ua"1'
'n'e' '"'S y, s''',is'' nt,e anu '"c',' ~
was " '''"' NV "n"n i'''' ""
Ja.,ota - t,,o na,,,a .;r,o .,.. 8.
raaoa.aJ ro,.ro;,t ;,,a.ol h., do,,Lt
-, - ,,,hothor or No. +ho r. Cor,,o,s ,,.o,,IJ
s;n, 49, ,aooo traot,, wu tLo,. ,;a, .
MI, ,,.o. tho oroat;o,, ,si.od ~, o,'or,,
I,a,J
Ierhaps the most frequent answer TO
the inquiry Vouchsafed was III the form
of another question: Whether they do
market! Some believe that prices nave
already discounted the possibility OF re-
fusal in last weeks movement. Others
think the previous bull demonstration
was in the nature of discounting enemy
acQuiesccncc in the treaty and that the
setback of last week was due to techni-
cal conditions rendered acutely operative
by combination of circumstances cur
failing the money supply.
For the first time this week call loans
renewed today at 6 per cent for miXeC
collateral and GEa per cent for all-m
dustrial collateral, at which level the
rate prevailed until midafternoon, wher
it dropped to ) per cent, with Limited
demand for accommodation.
Aside from this easier condition Of
money thpre Is the economic situation
to consider when n break in the market
l. talked of os n nossibility in the event
tLo alias fnd If necessary to resum,
,,'nitorv nrossurn against Germany, Th,
nnaat cron of grains the favorablc in
aot;ana, troJo balance Indications or
80, hond of domestic business revivo
oro roferrcd to in rcnuGiotion of the idea
, that tbo forward movrmont in stock,
has come to an end or even that mid
summer dullness will shortly appear.
| With decision as to the treaty on
| way or the other only n few days off. i
| is not to be expected, perhaps, tina
great deal of initiative will be seen fo
the balance of the week. Trading toda
| was in fair volume although II did ne
besp"ak any great amount OF publl
buying in comparison with what ma
gone before. There was snort GOVERN
and possibly Some moderate poor nc
tivity.
The feathers, the equipments, Sol"
of the oils, notably Sinciair ana ian
American and some lndiTiuuaI IsSu. 'Il'
like American COTTON ol,' NM 1neein%t.9.i' It;.a
NHhei' MY ~, 60 ,a.o oor,r,;o
States hupoer ana o'hcrs' Nei' ,i'e .on,p'e
uously strong Inc hloto.s' ;rir ."e..oa oa
and shlpplng ShareS were III i"rls snu
form Inc steelS were iioas as un'etse' =. t.oS
with gains iarselS vonilhsu ~
: tions, except tepup'.G Mhlci az ~, u,
= time advanced some Ihree ponn.1' J ~, -,
rails were STEADY, WIN I'M mere "a anu poa;s tHe'
a strong spo. IKE , i.t"S .t"Sisan anu ! ~ '
Mlssourl aeii'' anu