Omaha daily bee., 1902-04-15
NEW YORK sToCKs AND BONDS.
Day of Varying Sentiment, with Fe-
verish and Excited Close.

NEW YORK. April H,,-There was a
feverish and excited close in today's, stock
The early strength was not maintained
in spite of wide advances. In a few stocks
snd the me Iste ses Tns Wben there was a
general break all around. Prices had
arisen again after the sagging tendency
advances in some of the grangers and
northwesterns Blu the perception OF real,
nm sensotiono sdvSnce 70 ia i5 fo1is-
Vile & Nashville unsettled sentiment again
and led to the general unloading In the
and spasmodic rallies, but the market
closed feverish and irregular with a weak
undertone.
Much attention and surmise were given
to the Louisville q Nashville ituation, and
the disposition to be made of its control,
which Is now without dissent understood
to nave escaped it's longtime holders.
Some hope is entertained that a community
Of interests among the southern trunk lines
Will be worked out as a result of the new
control which seems to have been acquired
without any large railroad policy in view,
but simply for speculative profits. 1t is
patent that financial and railroad inter-
ests are now striving to readjust the situa-
ton from the standpoint of railroad policy,
which neceSsitRtes a settlement to the sat
isfaction OF the interests which have Sc
cured the control almost by chance. The
action of the stock today did not indicate
anv very deanite nrosnect Of settlemenI-
the feverish fight of the stock indicating
rather profound unsettlement and uncer-
70 I'LL vi NhC AAAlu
The remarkable rise in northwestern
grangers was without explanation, unless
IT was the result or pure manipuiation
The Chicago q Northwestern stocks, st.
Pau a. Omaha and the st. Paul stocks
Ing from "a to Is points.
st. Paul relapsed as suddenly to below
Saturday and fuctqated az the last al
The money market was appreciably cas-
Ter as a result of the stronger condition
OF the banks as revealed by Saturdays
statement. But the extent to which out
standing credits are involved in the great
speculative operations going on in the
stock market is not entirely satisfactory
to the conservative minds ana was the sub
ject of much comment and some criticism
today.
Reports of rain in the winter wheat belt
were productive of much buying of stocks
and reports were received OF a heavy
roads, in spite of the shrunken proper
lions of the grain movement.
The February statement Of the Missouri
view, the net earnings for the month de-
Ginning A36,S2 and for the two months
1855, 226, with the corresponding
period of last year.
The peace rumors from London helped
the early strength in the market, althoug h
the buying from that source seemed to
be in the nature of reinvestment of the
proceeds OF Louisville & Nashville stock
sold.
The British budget statement came too
late for digestion and influence on this
market. wide movements In lnternattona
Power, New York Dock preferred and Des
Moines & Fort Dodge were without spe-
cial explanation.
Heavy realizing in the Central of Georgia
income bonds made the bond market un-
settled and irregular. Total sales, par
value, S. sos, 900. United States Is advanced
N, the IS, registered, 4, and the old As,
coupon, Y on the last call.
The Commercial Advertisers London
financial cablegram says:
A moderate amount OF activity character
lied the stock market today and shares
were strong all around on hopes of peace
In South Africa. Balfour admits that over
lures are passing back and forth. Consols
talk that a new issue of from eos. OOO, 600
to e3O,O0O,O 900 will be announced in tonight's
budget.
Americans were more active, but there
opened we'll above PARTIES. Then New
York came a general buyer, and as a result
the close was at the top. Louisville q
Nashville was again the feature. The
parity than since the beginning of the
present upward movement. The price ad-
vanced to 122h and in the street the price
bulged to 1851. There is no definite news
seems to be by Kuhn, Loeb & Co. for the
Rock Island. Hardly a share is being Of
fered on this side. Big houses short and
jobbers are chary about dealing, but ar.
for future deliveries. other features OF the
day were Union PACING, Atchison, Baiti.
more & Ohio, Southern Pacific, all on New
York order.
Rio tintos were y up and copper M
to G53 Is 4d the ton, Anaconda u down
to SIS on sympathy with ~Amalgamated Con.
per. The government Is disbursing FUNDS
Silver is fiat and looks lower on New Yorh
reRlizations.
The following are the closing prices on
the New YORK STOCK exchanges: