Omaha daily bee., 1899-04-16
STORY OF DAY IN WALL STREET.
Industrial s%pccinltics steady aud RiS-
A-mnnmlnIinm InrmnI.

NEW YORK, April 1.-THE Industrial
I sNcsialties were very strong today and the
! rising tendency, particularly after the APP
I Ielrauce of the bank statement. extended
: throughout the list with thu coalers promi-
ncnt In the markets late strength. Money
continued easy and the bank statement.
with an Increase OF Iearly 81. 100000 in sur
Plus reserve and n-arly 100000 In cash and
had a very stimulating effect. Large roali-
cations, however, were noted by Spectators
VINO had bought In expectation of a favor
able statement. Tha favorable turn of che
Samoan difficulty and the weekly state
ments OF trade, which noted a general CON
u.tion OF prosperity, were factors in Re.
arousinE confidence. Spots Of especial
strength We're Delaware q Hudson. Man
haitian, Colorado Fuel and Iron, Brooklyn
Transit. Peoples Gas and Continental TO.
blegO. Just before the close the profess
sional. element started a raid on the idea
that the recent recovery had been too rapid,
but they succeeded in making only a slight
impression on values.
Stocks. We're somewhat irregular early in
The week. but gradually recuperated, thus
dispelling the uneasiness engendeTed by the
industrial smash last week. Brooklyn
Rapid Transit. which was most prominent
in the recent decline, again reached It's best
f previous price. The railways moved within
a comparatively narrow range, waVering in
sympathy with various crop advices. The
government crop report was regarded as
less unfavorablc than expected. Railway
returns were generally favorable and the
increased activity in the industrial world it
was thought would continue to benefit
. III NV . 7 n Ht. 1 r. Illl Ut eel It
mand for the finished products of iron was
responsible for marked strength in the iron
and steel shares.
CaIl money was decidedly easier. averag-
ing - points below last weeks rates, and
the banks were disposed to be far more
lib raj in accepting industrial collateral
loans since many weak holdings were forced
out last week, a number of very large
financial dealings were Consummated with
out disturbing the the money market. while
some discrimination. particularly by foreign
bankers. against industrial collateral, was
still noticed. Such iudustrials as complied
with the Stock exchange requirement or
statements in. ord r to he listed were
treated more henientlN.
The easier money conGIlons were ,eSIe-
ciallN heneiicial 70 hlEhLy manlpuIaIiNe
stocks, which are largeIN heId or marEln.
Inc traction ana gas sharNS OF NIreiLyr
New y 0rk, Were wy. pronIiisIt IN ny
weeks dealings, on many cotT1Iuatlon sl"I-
les. varying only IN SCOPE. LlerH WeTS W.
ManceS OF over IN points w hroNlNr italllu
IrlnSit. \ IN E,ooklNu l"l., P',S ,yISDL-
dlt@d Gas, p; Mammalian IA nlrH Az
nue., AZ. and Meiroponlan ~. MoIae." az
N.anceS among gIler speg,aLIes "sIS 9TSHi
N,2; .GIgralo nogTp 5.u iIon' -rone,, o, ~.
t,nsnta, roh2cSs99; ~. N pae U s or o.
Federal SStee, N,s' anu ntGp,e ; HaS, ~
StrInE iaa,WteS ,bn so,,.h r.oster rroun
the EandeIhl,tTT,. me h,WesLSrn PP,oWsfcc
eSHSC7ltuI N.bics o'''' NIsSouil i"''''
an ..r n SO, ~ Co III +, +ho nrasa,t
lbs are very auu.tiI III u
inarket an1 negaVhe - u ~ , "a 'uFi, nrino
terest displayed these nrzaiGlions oi nrlGe
movements IN laTllCu al NL'NhS are HI'l'