The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-02-25
7. day $ quotations.
New York stock Gossip.


- The Iesting features Of the New York market
The street generally expected a bal bank
Statement. hut there was universal surprise at
quilati0n In progress in the stock market. The
action ~ the Conterenca Committee on the cur
r'ncv hhl fell nat and had little II any effect.
" by pool brokers. ana there was some god
buying Of PENNSYLVANIA stock. but in manv
gta.r stocks. the break in Thirf Avenue had a
depressing influence. and the little commission
EEs;ress transac:ed was almost wholly IN th-
The strength Of Y. & W. attracted a good deal
south. induced by fattering statements from Of
hnl,ir Of me COMPANY IN resart to the business
ieariSh on the rest Of the list ignored thc s;ock
and left il easy for its friends TO advance it,
TIE Weakness in the Street Railway shares
was in some measure explained by apprehension
Is expected rsxt week.
London ala absolutely nothing in this market
f-cdy- Only one arhit:ase broker appeared on
TIL floor. ard he received no cables.
he .n'lr" r.aTk"t was dominated by the col
inr OF 4 mechanics lien on the property started
selling Srier s'' Gsn4e 'f RON hr' hanr 81 s5 5ar stoeki AMI
foundation was caused by the exhaustion OF
margins on speculative accounts for recen, buy
-. and a. the stock vas without support this
re"i liquidation. which could only b. effected
~ concessions AT which shorts were willing -
nuy- It.- room traders put little confidence IA
~" r"IoItS Of ID" formation of a syndicate and
TmT1ny as fpuu,!-ring around. which i-ft mat
l"IS IN N"i>" shape thau the; wele in the begin
King
TuirI Aveuu--Th- present situation in Third
NN-E'" hinges largely On the wishes 1f the CreJ-
-j'r~ e the '"r-pany- They arr. II course. priu-f
.iEa!!y CONCERNED with the payment of their
l"1ns som" e which mature Mar'h l. There
raw" been conferences within tWsnty-fpu- hours
between representatives or important hIukfn.
houses with reference % an agreement FIR the
Satisfaction - the creditors. This. " caursr,
VIII J. -" fist step. Later un the question Of A
NOR" permanent funding operation may be con-
siss-yd.
The soutIuuous de, line in Third Avenue To-
GcthcT with tha he'd bank statement (which was
-v'n wur~- than expected. si.uv ing an un.y-
T. tel large expansion in bans. were not very on
IN a very unhealthy condition. and Nc believe il !,
q c"s-i short sal" on all bulge< from now on
We ndv expect 10 see a very lively market N
sugar next week The bull pool IN Tobacco seems
t. 10. Still at work.
Late London Cahie< Yesterday were as follows.
London. > n. ma feeling OF confticuce pre-
wallis in the securities markets and III. tone -
generally strufIE. Operators. however are inclined
ing the outcome of the attack Un General trpnis
Eud the Sl. so Of the movement 20 relieve Iaiv-
smith. Thor is 4 great variety Of ruInofS. hut
T-.NIng official has been given out to confirm
't-n-rsi Croni.'s surrender. discounts are easier
owing to the arrival % gold from various points.
i.'lClin2 IN" s-'."s' pounds received from Russia
yvst'riaN,. American railway shares are steady
. strong"
New York cotton closed in liverpool to-day
i-i-i ~. in spots. futures 4-6fi higher. which -
fully w tn expectations. AMI NAV cause firuar
afternoon in March delivery cotton Of about 10
points vas du" To- s-lii1r against purchases %
fiSh-gral~ cotton IN T-NsS for shipment to New
York Amounting To- about y 10" bales. This does
not p, iieCr any weakness In : uth-rn markets or
disposition 20 sell spots on parity with New York
futures. 7r N" buyer Will probably lose about &c
rer pound by bringing cotton here for delivery on
contracts II will probably he done with view
" pressing near positions.