New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-28
BONDS.
THE DAYS OPERATIONS IN STOCKS.

The stock market was irregular with d hrin
undertone In the early dealings covering Oh
shorts and moderate commission mouse puyihs
caused advances throughout the list but IN 'iie
.uhseouent transactions price fluctuations were
l,ninnportant while in the last half hour 'he
general list was sold down by traders VINO were
ANXIOUS 10 bring about lower level OF values
A furry in call money TO u per cent heipeu ''e
late selling The advance in call funds APP
parently was due to preparations OF oahhe's ~
meet the May interest and dividend olsouise-
ments and not TO any actual Scarcity OF ihoNe''
except. perhaps. among brokers VINO 1alieu u
secure their accommodation earlier in the oay'
Regarding the May disbursements, II Is inter
..,,rg m note that on May the Government
will nav out in interest about S43oOocc' the
srsatar mart Of which will find its way into the
local banks The general tendency In money
rates Ia toward increasing ease reHeclloh VI
which is seen in the renewed movement Oh cay
ital into the bond market In yesterday ueai-
,nSs in bonds there was a wide and well-ds-
tributed demand from speculative and invest
ment sources. with especial activity IN the
promising issues selling under and shghuy
above par.
Liquidation in Anaconda mining stock iur-
Their advance in the price of silver and stronger
day that attracted considerable attention Lon
don has been selling its Anaconda with hperai
hand and in doing it apparently Is acuhs
unon the theory that the rapid advance in the
nrice OF the stock has carried II Deyohu Its
actual merit, and that II Is SAFER 10 take pIoit9
on the market made by local SPECTATORS Idtlel
than to walt for possible further advance as d
result OF possible copper companies consoilud-
zion In the advance in silver speculation dp-
nears TO be the controlling influence. with the
centre of operations in London. 1t has been sus-
oested that the Shelters Trust has agreed 10
maintain the price of silver. hut IT is not sale 10
hank upon the ability of the trust 10 90 II. Inc
advance In silver is having a good erect upon
MEXICAN railroad securities. and also upon Den
yer and Rio Grande issues; bat outside OF tflis
influence the rapid gain in earnings Of the Mex
team roads and the report in the Street that
nowerful interests are buyers Of the securities
are suflcient reasons for the unusually actlNe
market for Mexican Central ana Mexican ma
tional stock and Mexican Central Donos'
The Industrial issues were strong as a ruie' az
though declining with the rest or the nldrhet III
the afternoon. Some Of the speclaIues Haue
sharp advances and in one instance ueclueu
deci,ne the stock in question being Manhattan
peach in which many stOp-loss ORDERS were
caught nv traders. II was essentially raulns
market but there no disposition on the
mart of the public to sell, while on the oecHiie
sstocts vxere well taken Current speculation IS
thought likely that the present dulness Will con-
,inue FOR any length Of time. Conditions INSIDE
ord outside the Stock Exchange are moving IN
a vyav that apparently foreshadows an active
and advancing market at no distant perloo