The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1899-04-25
THE MARKETS.
Wall Street Review.
BY Associated Press.

by ASSOCldleu IIGSSs
New York, April 2i.-Trading on the
Stock exchange was of listless sort to-
day, and except for an early spurt in tho
specialties prices dropped to the end,
when the tone was weak. Smart recess
sions appeared in many stocks while
most of the active list was lower. The
favorable bank statement OF Saturday
failed TO arouse noticeable increase in
outside interest in the market and the
bears accordingly reasoned that 1t was
opportune to try some short ventures.
Anaconda Mining was very strong, rising
points, only one of which ii lost before
the close. The advance in Anaconda was
associated with reports of some deal in
connection with a copper combination.
London was a seller of some 10000 shares
Of stock and selling came from New Eng
land and the northwest as well as from
large traders VINO recently had been
heavy purchasers. Commission business
was very light. Crop uncertainties may
account for the hcSitancy in the market,
and private crop advices were said to
have been received which were not alto
gether favorable. The market was alto
gether unintercsting and almost feature
less. Total sales, 100 shares. Irreg-
ularity cropped out today in the bond
market but the changes generally were
narrow and there was a consistent de-
mand for the newer issues at improved
prices. Total prices $39O5,O0o. United
states new 4s coupon and the SC do, ad-
vanced "a and do. registered "a In the bid
price.
BY Darlington &c Cusack
New York, April 24.-The market after
a very strong opening following Satur-
days bank statement, sold off. The sew
eral roads and the Coalers were strong
while the spccialties were inclined to
weakness. The market seemed to meet
considerable liquidation by the larger
commission houses and after the OPEN
ing strength. became duh with sagging
tendency. Tho traders sold the entire
list and London was quite prominent on
the selling side, especially in Southern
Hallway, Northern and Union Pacific
stocks. Anaconda was again the strong
feature, advancing per cent. on what
is considered good inside buying. The
crop reports are of such contradictory
character as to hold the market in check
somewhat and 1t looks to us as IL lead
ers were allowing the market to take it's
natural course at the moment. 1t is un-
doubtedly creating "A short interest and
may be ripe for a short upward turn at
any time. Tennessee Coal and Iron was
particularly heavy in the face of strong
bun tips by prominent inside houses and
1t looks as II scoop was being enSi-
neered in the stock. The market was
unfavorably affected by the entry by the
German ambassador in Washington of
formal complaint against the language
used by Captain Coghlan, at the Army
and Navy club reception. While the mat
ter Is not of any Importance, yet just al
the moment following the Samoa incl
dent Captain Coghlan's injudicious lang
uaBe mas created Il certain feeling of un-
easiness which has had a bad effect.
The London Stats. which is considered
one of the best authorities, says: THAT
the impression abroad is very strong and
that we are in for long spell of active
trade in the United States, with it's ac-
compartment of expansion in the most
paying directions, and the general senti-
mcnt is that the present prosperity will
last through the next couple of years
unless killed by adverse legislation which
to our minds is the only bad feature in
sight" While the market may work
somewhat lower, it is undoubtedly a
great purchase to hold, and we strongly
coming summer The close was very ir-
regular with some weakness throughout
the general list.
Quotations furnished by LABAR Il
FULLER. stock. grain and cotton prok-
FRS, rooms 200 and 21O Board OF Trade
hIlillin Gnr.. %