The age-herald., 1902-05-10
STOCKS CLOSED
 DULL AND STEADY Volume Fell Off to HaIfa Mil-
 lion Shares BONDS WERE ALL EASY Wall Street Seemed Puzzled About Anthracite Coal Situation and
 Was Willing to Let the
 Market LIe Idle.

New York, May 9.-The volume of deal- ings today fell considerably below half million shares for the first time in good many weeks. Whether there was any reason for this dullness than the decision of the party of speculators lately leaving the market to let 1t lie idle for a time was evident Perhaps the long -drawn-out controversy over the anthracite labor set clement may have been effective in dis couraging speculative activity. that was the factor which induced the curtaii- ment of demand and the sagging of prices ;1 the general list 1t did not appear among the coalers themselves. That group was affected by the marked strength Of Della ware and Hudson. The demand for this took seemed to be of a very special character. The Wall street public Is pug zled to know the grounds of the very positive assurance which has been mani- fest among the controlling interests in the anthracite trade that there would be no strike. Their determination to offer no concessions has evidently not varied, while on the other hand the mine workers
  strike unless the concessions are grant, ed. The outcome was still awaited when the stock market closed today. There was some show of strength in the early deal ings and an appearance of renewed ac- tivity on the part of the recent prominent market leaders. Activity was manifest also on the part of some of the smaller speculative pools in minor railroad stocks. Amalgamated Copper was conspicuously active and strong, advancing at one time 1ss.
 Reports were current that sales of cop per had been effected at 121sc by lead ing competitor in sufficient amount to take it out of the market for some time to come. The announcement that one or the suspended stock exchange firms would be able to resume, and that the other two hoped to, was regarded as satisfactory development. Trading was resumed in International Power and 1t was lifted points. There were no lack ing weak points in the market, however, through the session. Louisville and Nash vile fell back after its recent advance and there was a drop of points in Chicago and Eastern Illinois The weak ness of Chicago and Northwestern was associated with the conflicting reports of the admission to the directory of repre- sentatives of the Moore interests who are reported to have acquired large hold ings of stock lately. Tennessee coal continues to show the Iinfavorable ef- feet of it's annual report The reaction ary tendency of the market became more general after the preliminary estimate of the weeks currency movement It appears the banks have received on bal ance from the interior less than a mill lion dollars against the loss of the sub treasury during the week of $2,857 000 The loan item Is of course a matter of surmise
 The early heavy liquidation in the stock market would indicate a reduction of loans but it appears that some of the calling of loans in large amounts was simply for the purpose of re-lending elsewhere, including possibly to the ship merger underwriting syndicate. The mar ket closed dull and steady.
 Bonds were easier with stocks Total sales $2,53 900; United States bonds all unchanged on the last call.
 New York Stock Market.
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