The Providence news. (Providence [R.I.]) 1891-1906, 1895-04-27
FINANCIAL NE VS..
Stocks About as Scarce Now
as for Years.
Coal Situation Mixed - Geld From
londonderry Notes.
Special TO The News

NEW YORK, April 27.-Many believe
that if today's stock market closes amid
blaze of glory london will see the
higher qpaBttious made here and will gc
them one better, so that the opening On
Monday will be most enthusiastic.
One by one the bears begin to APP
preciate that stocks are just about as
scarce today as they have been at
any time since the bull movement set in.
Absorption has been so complete, and for
two years or more stocks have been taken
up and locked away, so hat even with
further advance in prices OF from 10 to 20
per cent. per share, many OF these shares
could not be sold at a profit. 1t il GER
tain that brokers' offices are Just
as barren of speculative hold
ings as they have been in
many months. The rise, while phenom-
email in many directions, has not bene-
fitted the average Spectator TO any con
siderable extent.
Il does not seem possible, that after
having made such an overwhelming sue
cess and having the public aroused to a
pitch that has not been seen In more than
two years, those who started the
incipient bull movement, and have
since carried 1t to its present
state OF perfection, will permit any retro
grade movement o. consequence. While
the feeling continues as it is, even the
most pronounced pessfnist IL chary about
selling stocks.
Cotton.
Liverpool Cotton opened a advance.
New York Cotton futures opened steady,
sales, 6400 bales. Jan, 7.02; April,
60; May, 6.s4; June, 6.73: July,
60; Aug, 6.S1; Sept, 6.S3; Oct, $50;
Nov, 6.93; Dec, 6.97.
Railroad Earnings.
l.. q N.-3d Apr, S31s, 900; inc, s1770.
L., n, A. d C.-3d Apr, s62,2S5; inc.
s9139.
N. &. W.-3d Apr, 1871; inc, s22,-
152.
S. Ry.-3d Apr, S31s, 1877; dec, s647.
st. l.. d S. W.-3d April, $4,000; inc,
5000.
Fl. w. & R. G.-sd April, s5es2; dec,
S25S3.
n. P.-Sd April, 1927, 729; inc, sis,9S7.
Today's Stock Board.
WALL STREET, 1915 a. m.-The stock
market opened active and weak. Sugar
and Delaware & Hudson receded 81 per
cent; and Missouri Pacific and Reading,
p; Rubber gained "a per cent. Specula-
tion continues heavy.
The shares speculation was irregular on
light trading after 1918. The Industrials
generally were strong and made material
advances. The Coalers moved in the op-
posite direction, and the general railway
list was fairly steady.
General Financial Notes.
The coal situation is thought not 20 be
so bad as some papers represent, but there
is unfortunate talk on Changers on the
dry weather.
1t is rumored that 3d. 900 New York
Central bonds were sold in London.
The Financial Chronicle predicted a
gain of over 5000. 900 to the banks.
London is "a to Il lower for st. Paul, l..
d NJ, and Reading; Others y to q
hig her.
:. V. White is still working Sugar and
the Leather people are talking bullish in
spite OF the recent advance.
The Umbria brings 81 ,06O, 900 gold from
London to the bond syndicate.
Bar Silver is down u.
Trade reports are encouraging; gains
steady but sure. Imports are increasing;
decreasing.
A C., b. * q. director says Granger
'O"Ns Nhi hhNe Dau business Tor SIX
months yet.
1t is said that the Cannon holdings OF
D. d ii. have been sold, amounting to
200 shares.
The bond syndicate still owes s16, 0O0, 900
,old to complete transactions.
All collerios operated by the Lehigh &
Nilkesbarre coal were yesterday ordered
o run on full time. Six thousand are
Employed.
London cables state that New York
is a little better.
The market abroad is influenced by the
Eastern question.
British Consols are a little lower. The
Naiiir settlement has stiffened call rates,
Providence Clearing House.
The clearings OF the Providence banks
oday amounted to s555, 400; for the week,
$4,000.
New York Stock Quotations.