The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-04-16
THE WORLDS MARKETS
Daily Record of Commercial and
Financial Transactions.
NEW YORK STOCK REPORT
Digest OF Exchange News-Mining Stocks
Metal Quotations-Wool Prices and
Movements-Grain and Pro-
uce-Review of Trade.

New York, April 15.-The industrial spe-
caltes were very strong to-day and the
tendency, particularly after the appear
ance of the bank statement. extended
throughout the list. with the coalers
prominent in the markets late strength.
Money continued easy and the bank
statement with an increase of nearly
sS,0O0,C0o in cash and Il contraction of
more than $40, 900, COO in loans, had a very
stimulating effect Large realizations,
however. were noted by spectators who
had bought in expectation of a favorable
statement
The favorable turn in the Samoan diff
ficuity and the weekly statements of
trade, which noted general condition of
prosperity, were factors in rcassuring
confidence. Spots of especial strength
were Delaware & Hudson, Manhattan,
Colorado f. & l., Brooklyn Rapid Tran
sit, Peoples Gas and Continental To-
bacco.
Just before the close the professional
element started a raid on the idea that
the recent recovery had been too rapid,
but they succeeded in making only
slight impression on values.
Stocks were somewhat irregular in the
early part of the week, but gradually re-
cuperated, thus dispelling the uneasness
engendered by the industrials' smash last
week. Brooklyn Rapid Transit, which
was most prominent in the recent de-
cline, again reached its best previous
price. The railways moved within a com
paratively narrow range. wavering in
sympathy with the various crop adVices.
The government crop report was regard
ed as less unfavorable and the increased
activity in the industrial works it was
thought would continue to benefit rail-
way traffic.
The continued keen demand for the fin
ished products of iron was responsible for
marked strength in the iron and steel
shares.
Call money was decidedly easier aver
aging u per cent. below last weeks rates
and banks were disposed to be far more
liberal in accepting industrial collateral
for loans, since many weak holdings
were forced out last week a number OF
very large financial dealings were con-
summated without disturbing the money
market, while some discrimination, par
ticularly by foreign bankers. against in
dustrial collateral was still noticed such
industrials as complied with stock eX-
change statements in order to be listed
were treated more lcniertlN.
Ttn cia
cially beneficial to high manipulative
s+onixs which are hold largely on mar
e,;, i've +rnc+ion and oas shares of
Greater Now york were very nron,;nnnt
In tho weeks dealinrs IN MANY consoli-
d,tion stories VARYING only in scone
Tharo ,yare advances nf moro than Is
points in Brooklyn Rapid Transit, Brook
Ign Union Gas. Consolidated Gas. Manhat-
ian 1o1h Third Avenun 41h and Metropoli-
tan %, No,al,,e advances amonp other
specia1ties were: Sugar Gl5 Colorado Fuel
g. Iron IL Continental Tobacco 9s,. Amer
loan Tobacco : Federal Steel tx and Pen
nIo:s cas- a. Stronr fpatures in the rail
WAYS wore thR Vanderhilts the South
western pronn and ospsciallv Mobile &,
oLio N,;seo,,ri Pacific md Paltip,ore G.
cilio
..r;,,-,, ,r, VOW. abundant i, tho mos
ont p,,rsat ana hacause of thn large
,,,,h,;r, i,,to.oet disn,,,.oa tl,efr nredic,ions
~ .,,,, ,,,o,,a,,,a,lt -, ,.r+io,,ior stocks
200 ,,,aro ,a,a,oll,, ro,iizod than of re-
,a,+ ,o,rs vhar tbaro wae n moro ra-