New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-27
SEX dividend
BONDS.
THE DAYS oPERATIoNs IN STOCKS.

Stock market trading was light in volume on
an irregular movement Of values. Final price
changes we're small. but a rule. net gains
were recorded The pressure to sell not
heavy. On the other hand. buying orders were
light and the general course Of trading repre-
sented little beyond professional transactions.
Irregularity was the chief feature Of the day
until the last half hours dealings, when there
was fair demand for stocks followed by ad-
vancing quotations throughout Improvement
IN the anthracite shares helped the general list.
but on the advance long stock freely Of
fered.. Pool selling was evident in the granger
issues especially in Burlington. while in Mis-
souri, Pacific and Northern Pacific liquidation
was reported The news from the coal fields
was considered favorable. and the Street at
tached a good deal Of importance to Senator
Hanua's visit TO a prominent banker who is
identified with the coal properties the idea being
that efforts we're making TO end the labor
troubles in Pennsylvania. Various reports about
q settlement Of the strike were heard in the
afternoon. but there was no confirmation, ex-
cept in the movement Of values. which was not.
however. considered an accurate reflection OF
the actual situation.
The decline Of the last two weeks has at
trscted number Of buyers but purchases in
the greater number Of cases have been for quick
turns rather than for a long pull. It is likely,
however. that advantage viii be taken Of fur
tier material declines by some careful operators
. secure stocks Cor a future bull movement
Prices are approaching very cheap level. and
It is reasonable 10 expert hat bargain hunters
are studying the market carefully, with the view
O. getting in at the bottom. OF course. the pos
zifTity Of Republican defeat viii deter many
people from buying stocks before election, but it
Is certain that many orner people will come into
the make before the election in the belief OF
beinz able TO sell out-on an election rally
Spectators sre forced to take chances. Wall
a-reet betting favors Mckinley, and with the
betting ring IS a guide The average speculator
Ytu doubtless be willing 10 buy Bryan
scare OF the chance Of selling out at a profit in
1,over1oer. Investors with idle funds naturally
VIII hold off if they believe that prices Will go
lower. and the general beaTishness now current
in the Street has much do with the present
apathy Of the investment class Of buyers 1t
might he supposed that with the betting in
favor of Mckinley speculative sentiment would
be buliish Sentiment is bullish the out
come OF the election. but it is bearish on stocks
AT the moment. because the speculative element
believes that enough uneasiness can he created
over the possibility of Bryan's success TO bring
about important reduction in values.
The prospect for lower prices would be
brighter if stocks were in the possession of a
weak class Of holders. In the case of acute
alarm over the political and money market
situation certain amount Of stock would
come the market but liquidation would be
light as compared with other periods Of trouble
when stocks have been widely distributed among
people with small margins and large holdings
IN yesterdays trading the early afternoon SELL
ing. while not extensive reflected the belief in
professional circles that the short side Of stocks
IS the winning side at present. 1t is difficult
matter for prices TO maintain Improvement when
on all rallies plenty Of stocks are found for sale
On the late advance several large blocks were
marketed. and sentiment was not materially
improved by the final "a 'ly