The Montgomery advertiser., 1902-05-10
WALL STREET REVIEW
BIG DECREASE IN THE VOLUME
 OF DEALIEGS.
Long Drawn Out Controversy Over the Anthracite Labor Settle ment Thought to Have Dis
 couraged the Operators.

.4
 NEW YORK. May s.-The volume of deal ings today fell considerably below half a mill lion shares for the first time in a good many for this duiiness than the decision of the party of speculators lately lea ling the market to lie low for time was not evident. Perhaps thracite labor settlement may have been ef- iective in discouraginE speculative activity. IT that was the factor which induced the cur tailment of demand and the sagging of prices In the general list, 1t did not appear among the coaers themselves. That group was af- and Hudson. The demand for this stock seemed to be of a very special character. The Wall Street public is puzzled to know the has been manifest among the controlling in- terests in the anthracite trade that there sviSen.y not varied to of.r no eoncessions while. on the other hand. the mine workers in effect. are under contingent orders to de- clare strike unless the concAssions are granted. The outcome was still awaited when the stock market closed today. There was some show of strength in the early dealings and an Appearance of renewed activity on the part of the recently prominent market leaders. Activity was manifest also on the part of road stocks. ,Amsisamated Copper was con spicuously active and strong. advancing at one time i% Reports were current , that ga sales leading competitor in sufficient amount to take 1t out of the market for some time to pended Stock Exchange firms would be able to resume and that the other two hoped to regarded as . satisfactory development. Trading was resumed in International Power and it was lifted ( points. There were not lacking weak points in the market. however, all through the session. Louisville and Nash vile fell back after it's recent advance and there was a drop of 4 points in Chicago and Eastern Illinois. The weakness of Chicago and Northwestern was associated with the conflict ing reports of the admission to the directory of representatives of the Moore interests who are reported to have acquired large holdings of stock lately. Tennessee Coal continued to show the unfavorabIe effect of its annual re. port The reaetionary tendency of the market became more general after the appearance Of the preliminary estimate of the weeks cur rency movement. It appears that the banks have received balance from the interior less than a million dollars against the loss to the ub-treasury during the week or S2' | 975 OOO The market closed dull and steady Bonds were easier in sympathy with stocks. Total sales, S2. 536. 900. United States bonds were all unchanged on the last call.
 r. Money and Exchange. l NEW YORK May e.--Money on call finn l at 46S per cent: closing bid and asked, 3d4. l Prime mercantile paper. 4kM5t. | Sterling exchange about steady with actual ! business in bankers bills at {. 4.S7ihG4.SIts Tor
 demand and at 4.e4xG4s5 for 60 days; post | ed rates, A. s6d4. e9k.
 l Commercial bills. 4s4h64. s5h.
 | Bar silver, 5i; Mexican dollars. 4lH. | Government bonds. steady; State bonds, in- | active; railroad bonds. easier.
 New York Stock List.