The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1899-03-10
THE MARKETS.
Wall Street Review.

New York, March 0.--The result of
today's trading was irregular net
changes, some of the specialtes show
ing advances while most of the stand
ard shares were fractionally lower. The
activity in the initial and final trading
with dullness a large part OF the day,
was a counter part Of the dealings
yesterday and the day before, except
that today trading was weak I'm the
final dealings, where, as on these other
days, the closing activity was marked
by strength. The specialties and the
general market improved considerably
in the early dealings in sympathy with
the coalers, which were strong on con-
tinued talk of the proposed deal, but
subsequently worked lower. Much in
terest centered in the st. raul dividend
When 1t was announced that the reg
ular disbursements would be made
some who had expected an increased
return sold and the Changers gener-
ally eased off. Sugar and Pacific Mail
were strong features in the list, the
latter on talk of improved earnings.
Total sales were 100 shares. There
was a brisk demand in today's bond
market for the semi-speculative issues,
which generally ruled at improved
prices. Total sales, s3,350,OO0. United
States IS advanced Il in the bid price.
BY ]. r. l.. Darlington & Co.
New York, March 9-Market opened
strong and active with Reading first and
second pre- ferred up point ard Brooklyn
Rapid Transit and American steer anu
Wire up. There was quite heaNy puy
ing of Sugar at opening and Coalers ana
lures up to about lac on, when Manhattan
Railway scored an advance of per cent
over last nights close on quite iree BUY
ing by interes SITS supposed to be connect
ed with Standard OIL, There was cyl
dence of some liquidation in parts Oh the
list but the market on the whole was
particularly strong, showing little eHecN
from realizing sales. London was pulte
free buyer taking about l,5m shares
principally ontario and Western, LOUIS
Vile and Nashville, Sugar preferred ana
Union Pacific preferred. The strength IN
Brooklyn Rapid Transit held the whole
market during the early part OF the DAY
and unless some bad developments occur
Is liable to prevent any material uecllne
just at the moment. Steel ana wire
stocks were particularly strong on the
condition of the trade and Coalers Oil MT
Morgan's bullish utterances as to the po-
| sitiOn of the Anthracite roads ana the
| large increase in consumption due to the
| cold weather and the starting of indus
| tries throughout the entire country. Inc
| bank statement next Saturday will anect
| prices to a certain extent, although the
receipt of considerable money from the
| interior has eased up the situation so that
| loans are now made on very close to
| per cent. basis. At same time, 1t must
| be rendered that the interior cities will
| have use for their money for the next two
| motnhs or six weeks to come and that lit.
| tie need be expected from them in tho
| way Of remittances to New York. We are
| inclined to think that the market has
Il . oh 1nI N .
| top Of the movement for this week and dc
| not advise purchases until recession has
| occurred in prices. The market sold of
| fractionally around delivery hour but
| held we'll considering the selling for
| profits in the late afternoon, closing
steady and only slightly below best
| prices of the day.
| Quotations furnished by LABAR 8
| FULLER, stock grain and cotton brOk-
| ers, rooms 209 and 2l0 Board of Trade