The age-herald., 1902-03-08
STOCK MARKET
 VERY EMOTIONAL Something of a Struggle Early
 in the Day LEADING STOCKS SLEEPING alties Shot Up In the Recent Fa- n,Iiar Way, While Others Showed Strong Tendency to an
 Abrupt Relapse.

New York March Tine stock market today showed evidence of conflicting emo lions on the part of professional specu- lators who made up the stock market. There was something of a struggle during the early part of the day to keep prices moving upward, and a number or speclai- ties shot up, in the way which has De- come so familiar of late. Others which were violently advanced yesterday showed A tendency to an abrupt relapse. The gen. eral active list took on its recently som holent condition. suggesting that the de- hand from the short interest which caused yesterdays sharp rise had been katisfied. The notice that $5,000,0OO of the gold engaged for tomorrow's steamer had been withdrawn from export had mild stimulating effect on the market, but the later forecast of tomorrow's bank state ment showed sufficient ground for ap- brehension still remaining of the rate of depletion of the New York bank reserves.
 The report that the government had filed its suit against the Northern Securi- lies Company with the United States Court at St. Paul also caused ripple of
 
 foreseen and presented no new phase in the case. The preliminary figures of mon- ey movement for the week indicate that the banks have lost cash to the extent oI nearly $5,OO0, ,OOO, including the gold ex- ported on Thursday, but not including the k2, ,300,O00 which Is to go on tomorrows steamer. It is argued that Thursday gold exports, coming late in the week, .yi1I ,of bank statement under the average sys- tenn, but the same thing was true of last weeks statement leaving the residue oI last weeks cash loss to be carried over Into this week. The apprehension is, therefore, that the small surplus may be cut in two. With the present dimensions of the deposit and cash items in the New York banks, the surplus at its present figure is almost wholly nominal, any way, and a variation of few millions has lit tie effect on the proportion of the re- berve.
 The hardening tendency of the money marAet is q convincing evidence, how over. that the banks are not anxious at present to extend their credits. Of the days special movement, Colorado Fuel was most conspicuous, with a feverish reaction, which reached , points at one time. Chicago and Northwestern after a rise of 119 also turned downward and fell at one time 312 under last night On the side cf advances St. Paul, Min neapolis and Omaha added 4 points to It's price and the preferred 3. The rise of over points in Evansville and Terre Haute was in Sresponst to yesterdays rise In Chicago and Eastern Illinois. Westinghouse electric advanced 5A Brooklyn Union 3h. American Cotton Oil eA and Virginia Carolina chemical ,B, 10 Of solidation. There was besides a long list of obscure stocks with l to points advance to their credit, all of which were more or less impaired by the late reaction. The market closed rather easy In spite of late rise in Colorado South ern and Mexican National.
 Bonds continued rather dull, but were firm. Total sales par value $2, 75O, ,000 United States 2s coupon and the old As advanced f and the new As 1s per cent. on the last call.
 New York Stock Market
 By Private Wire to Murphy & Cm