The Montgomery advertiser., 1902-06-26
WALL STREET REVIEW
MOVEMENT OF PRICES NARROW
 AND IRREGULAR.
Dealings Fell Nearly to the Low Level of Activity for the Year. Financials Losses Over Pre-
 parations for Coronation.

NEW YORK. June 25.-The dealings in stocks fell to near the low level of activity oI fhe year again today. The movement oi prices was narrow and irregular. For the prin, cipal active stocks there was good support and the undertone of the market was ratner nm but there was no disposition to puy m N.e" s of the uncertainties holding over the haIket. There was a fairly good upward movement m the early dealings, which probably came ron bear traders who sold short Iss. edeh'hs sness oa might terminate fatally over nlent. Ihele was buying here for London account pronpteu by the same technical cause which served as bringing to a halt advance in sterling cAchanse The local money market was also olstihcuy irmer in tone and encouraged bankers 10 seti more sterling loan bills. Notwlthstanulhs further recession in the price Of sterilng at Paris there was no engagement or gold TOT export There was nothing in the news on,,ra lrvnn for any strength fin the stock market us the general fear was that the illness Of the hihs of England would terminate finally put .ne sentimental effect of yesterdays suoden an nouncement was somewhat dlsspateo- .'eV ertheless there is something to be appreheha,ssa ,sa from the direct financial losses involved m tne abortive preparations for the coronation. An other reason is that there has been conslo, erable speculation upon the nope ,r,na oI peace The weaker spectators have been forced out since the declaration of peace. but there IS an extensive class of stronger holders when mas mas maintained the hope that the active revival mas been merely postponed until after the hihs coronation This speculation has lhvolNea ns, no' 
 ters. If the misfortune of the King or Shslann p serves to obstruct the influence of the ooutn African settlement upon financial anairs the effect will be reflected in the stock markets. There was nothing in the news of the day 10 account for rise in prices Of stocks. e Ihe crop news was rather neutral. Traders Wno bought Reading professed some confidence that the strike was breaking up and they haa news of some further returns 10 "oiA on ,py strikers, but there was nothing like gen, eral demand for the coalers. Colorado ruei was moved up 3k points on account or the session of the directors to take action on The dividend, but the gain was entirely wiped out without any news reaching the public to ac- count either for the rise or reaction. late adyarce in St. Paul made the closing steady, but very dull.
 There was little doing in bonds and the market was irregular. Total sales tpar vaiuc) S2 OI s GOO. United States bonds were all un- changed on the last call.
 Money and Exchange
 NEW YORK. June 25-Money on call steady at 2hG3 per cent; closing old anu asked, 2h63 per cent.
 Prime mercantile paper. 4lz@6 per cent Sterling exchange firm with actual business in bankers bills at 467A for demand and 4 s6% for 60 days posted rates, 4Seo+'oo1a and 4 SSMG489.
 Commercial bills, 4S4% "A, 85s.
 Bcr silver, 52%: Mexican dollars 42't Government bonds. steady; railroad pohos' irregular.
 New York Stock List.