The sun., 1900-02-06
General Situation of Yesterdays
Stock and Money Mar
ket Reviewed.
THE PUBLIC ARE COMING In
A Good Indication of this is the
Broadening Aspect, and the In
terest is Becoming Diversi-
fied---Stocks Strong
and Steady.

One of the best proofs that the public
is coming into the market is shown By
the broadening aspect and the fact that
the interest is becoming diversified.
This was particularly apparent yesterday
when the whole course OF trading was
without special feature. There was d
strong undercurrent Of strength in all
stocks with the exception of sugar. and
towards the close in Brooklyn Rapid
Transit. Considerable bear talk aas
current on sugar and much is being made
II the fact that all of the so called indie
pendent companies have not followed
The advance In price made by tine Ameri
can company. This is thought to be an
indication of disposition to continue
the go called war" in the trade, and
bear tips on the stock were freely dis
Jributed. Brooklyn Rapid Transit, it is
thought in some quarters, has had too
much Of rise, but The Inside interests
who have acquired lately SO much of the
stock have not, and say they have no in
tentlon OF letting go of any of their hold,
ngs. 1t is stated that some of the
Western contingent who have been buy.
ing American Steel and Wire the past
IL,
though if this be so, it will be found
that the believers in high prices for this
stock here in the East will be ready to
take all that is offered National Steel
10 very strong, and it is considered a
stock that it will be well TO watch for;it is
thought it will 60 much higher. There
was again good steady bu, ing of Burling-
tor Rock Island, Atchison preferred and
In arlt I,Ic "a
| thought that it bids fair to be one of the
prominent leaders of the market in the
near future. Compared with ST. Paul,
paying the same dividend, the current
price Of Rock Island looks cheap and the
outlook for it's earnings il exceptionally
good. There are many who have bought
Baltimore Il Ohio preferred convinced
that it will be more valuable in the near
future, and sood judges Of the value Of
the railroad properties confirm this view,
expressing at the same time the convic.
tion that the common is high enough at
present prices. Others again, however,
believe that the common will soon be
put on dividend paying basis. Among
the non-dividend paying stocks, there is
none regarded more favoraply than
Southern Pacific, and it is generally be.
| liOfCE pndp buc UhDklUR mouse pool De-
hind the stock is one of he st ongest in
the street. Very little attention was
paid Saturday to the bank statement
which is accounted for by the low rate
for money and the only possible clond
on the money market is the possibility
Eof gold exports beginning again wher
the new British war loan is announced
As we have plenty Of gold to spare, how,
ever, it is not at all likely that this clorc
will assume proportions to affect the
general market. Tobacco, Peoples Gas
and American Smelters show the same
activity and are likely to keep well to the
front. Summing up the situation, as il
appeared at the close yesterday, there il
not the slightest reason to recede from
the bullish predictions that have
been steadily made. There will be, o
course, some recessions, as is only
natural, but the fact remains that bis
pull market is beginning and in this
opinion the very best sentiment of the
street concurs. A leading Chicago
broker now says it is believed in Chicago
that the recent activity in Peoples Ga
has been on account of Rockefellers
who have, within the last two months
had experts making an examination o
property.