The age-herald., 1901-03-22
SOME RECOVER|ES
 IN STOCK MARKET Heavy Selling to Realize Was
 Checked Successfully CLOSE SHOWED NET GAINS 
 Number of Stocks Were Fairly Buoy ant During the Day and, Others
 Were Strong To "a Marked
 Deeree-Steady Close.

New York March 21.-The heavy selling by spectators to realize which carried the whole market down yesterday was checked today and there was general re- coveries and a showing of net gains for the day in a majority of cases. There was continued pressure on the market by she depression in the London market on account of the uneasiness over the Tien Tsin affair and over fears of harder mon ey there. But there was renewed buying of some stocks of such proportions and conducted with such confidence to dis courage the selling and the subsequent tally was helped by the demand from quite an extended short interest left un- covered after yesterdays operations for &he decline.
 The speculative leaders were very ac- hive in their efforts to cause a resump- tion of the strong bull market, which has recently prevailed. They were only part ly successful, although they had assist ance of the report late in the session that She Anglo Russian difficulty had been settled.
 A number of stocks were fairly buoy ant during the day and others were markedly strong. but the advances were not all we'll held and there were frequent reactions after the recovery had set in. Burlington was in demand from the bhorts and there was a combined upward movement at one time in the granger5, Pacifics and Southwesterns. Heavy real izing met this advance and difficulty was soon encountered, especially in the case of Missouri Pacific in upward course. The Fries were the conspicuous feature of the later markets and were lifted from p59 to points, the latter the second pre- ferred on no buying.
 Recently current reports of early divid- ed action were all revived. The Wabash securities were in good demand, the pre- ferred rising 1& over night. The move ment in the Fries helped all the coalers, Sugar shot up 31A points and Peoples Gas and Tobacco had their periods of strength. The International Paper stocks were very strong, rising 214@414 for the common and preferred That there is some latent un- sasiness over the money outlook is known by the eager decision of the possi- 5ility that the Secretary of the Treasury will redeem government bonds and thus benefit the money market. The excess of government receipts over expenditures thus far this month Is only about half that of the corresponding period of last year, but 1t was not until March 14 that the heavy disbursements on account of the premiums on refunded bonds began last year, and 1t Is beginning to be per ce'ved that the money market will keenly f 1 the lack of some such sourse of re- /fenishment this year. The possibility of var between European nations draws at tenticn to the international situation. The discount rates hardened In London again
 arIt, hnrn a higher level, while call loan rates ranged from 21a@3 points.
 The railroad bond market continues very active, many issues coming Into prominence today. The price movement was irregular. Total sales, par value, $9, ,255,OO0.
 United States refundng 2s advanced h and the old As declined 8 per cent on the last call
 New York Stock Market.
 By Private Wire to Murphy & Co.