The daily morning journal and courier., 1901-08-23
Etmamctal.
THE STOCK MARKET
Dealings Decrease but Undertone Is
 Firm.

Firm.
 New York, Aug. 22.-Deaings in stocks still further decreased today. but Ill spite of the extreme dullnesS the undertone Wi> firm. There were more points of positive strength in to-days market than In yester days, but the general list showed perhaps slightly less of a sympathetic tendency. The stocks in which net changes were no ticeable are very few Baltimore X ohio was conspicuously strong all day, rising an extreme four points. and the bltunino IS coal carriers generally were firm i'll synpa- thy. Rumors persist in Wall street of q pending consolidation of all the leading soft coal intcre sts,
 There was also late spurt In Missouri Pacific, which carried the stock PA over last night. Rumors of q beneficial agreement concerning the Wabash were responsible for the movement. Both stocks were affected also by a nervous short account.
 There was a vigorous advance in Amalga- mated Copper In the last hour, which lifted that stock 31a points over last night, carry ing Anaconda with it 1A. Talk of further extensive consultations of copper interests accompanied the advance.
 The anthracite carriers continued to show strength, seemingly on the general condi- tions in the trade and the fact disclosed i,y Lehigh Valley had been distributed among the other anthracite interests. The gains extended to in Lackawanna, 3ts in Della. ware and Hudson and 1 to 13s in others of the group.
 In all other prominent stocks movements were restricted to fractions, although St. Paul and Union Pacific rose at one time 7s each The firmneSs of the United States Steel stocks was maintained on a very light volume of dealings.
 The firmness of the market was in face of some rather notable selling for London ac- count, due to the unsettled feeling on for eign bourses induced by the Franco-Turkish imbroglio and disappointment over the maintenance of the Bank of England rate. The decision of the bank authorities on this point, In face of the very strong position revealed by the weekly statement and the market rates for money, shows that the future contingency in the money market: when the crop movement in the United States comes to be financed. is still dread ed. The effect was manifested upon ster- ling rates in erlin and Paris and also here, the fractional advance in New York occur, ring in face of seaboard wheat clearance of 739,OOO bushels. or about three times as much as yesterday.
 The reported movement of cash from Chi cago to western grain receiving points found it's response today In a drop In New York exchange in Chicago to 40 cents dis count, compared with 30 cents yesterday. the sub-treasury for transfer to Chicago. In the meantime the surplus of the govern ment revenues c ontinues to make large gains over last years requirements, No effect was manifest in the local money mar ket where coall loans continued to rule easy at 21st per cent, or lower
 Some of the speculative and contributive railroad bonds were again active to-day. Bonds generally were quiet but firm. The total sales par value aggregated S,955, GOO.
 United States bonds were all unchanged on the last call