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back of France. Hence the theory that there will be no war. The Illinois Central strike has been called off. A strike in the coal region has been called and Reading suffered a little from this. The chief causes of weakness are found in the facts that liquidation waits of improvement, and the bears have made so much money in the last few weeks that they are selling recklessly, stopping only now and then to bank profits and find another hard spot to sell on. Van Schaick & Co. (1894), with branches at Baltimore and Newark, closed down today. But the Wall Street crowd have stood up nobly to the rack and have suffered seriously, with but this one suspension, and there's a reason for it. On the final slump of the morning hours the low point was 1 to 2 points off on the leaders, other than Steel which was but ½ off, St. Paul ½, Central ½, Chesapeake and Ohio %, Atchison %, Smelter ½. Canadian Pacific ½. Atchison 5%, Great Northern Oregon ½, and other stocks ½@1 point. For once Pennsy, after making a good fight against depression yielded 1¼ to 119%. Copper was the weakest of the metals. Just before the close of the second hour there was a recovery of ¼@½ from the low on the stock that had sustained the most severe decline, and with but smaller fractional improvement on stocks where the declines were less severe.