Evening star., 1902-03-20
Stronger Tone to the Indus
trial Stocks Today.
ADVANCE IN SUGAR
SHORT COVERING GIVES
STRENGTH TO COPPER.
Railroad List Was Rather Dull and
Listless-Some Uneasiness
in the Coalers.

Special Dispatch to The Evening Star.
NEW YORK, March ao.-Early trading In
today's stock market was confined largely
10 the professional element, with occa-
sionai buying by commission houses
against short sales The undertone Of the
mornings market was steady but dullness
was pronounced. During the afternoon the
market rallied with some snap as the re-
suit OF an active demand for a few spe-
cialties.
The speculative buying of Colorado Fuel
was resumed upon scale sufficien, TO
force an advance which resulted In the re-
covery of yesterdays decline from top
prices. Sugar was taken in hand by the
inside faction and made to sell UP I'm the
thirties under big dealings. The attempt
to belittle the effect of the Cuban legisla-
ton as now proposed has not discourgade
the friends of the property who had de-
termined upon higher prices at this time
Inc snort interest In Copper bought ANAL
gamated during the morning and seemed to
be afraid to disbelieve the stories OF an at
tempt to force a compromise Of trade con-
ditions. The demand from Boston was a
feature of the buying In these shares
Perhaps the most important DEVELOPMENTS
OF the day were the ratification meetings
on the part of Metropolitan and Brooklyn
hdplu transit shareholders.
The new financial plan of the former was
ratlhed by large majority, and 1t Is now
regarded as certain that the injunction
proceedings will be dismissed The bond
issue of $lJ0,OOO,fW was authorized by the
brooklyn Rapid Transit shareholders, and
the street awaits the announcement OF the
object Of this issue with unusual interest.
PENNSYLVANIA Railroad is supposed to be
pehlnd the company and expects to utilize
the traction system. its charter or other
privileges in connection with it's new ter
minal enterprise. The buying Of Brooklyn
was conducted upon a considerable scale
by the house which originally made the
stock conspicuous leader Of specuia-
ton.
The general list was steady under a good
demand, but the volume OF the business
was not large Several of the leading
shares under which there is good support
were merely kept strong. no attempt being
made to force them. The coal stocks re-
hect the varying phases of the miners
convention and are strong or weak ac-
cordlng to the fluctuations In strike pros
poets.
In Well-informed quarters there Is conf
dence in the ability Of the leaders to avert
labor troubles during the coming season.
81. Paul was Well bought during the day.
ana there was fair buying demand for
Atchtson Rock Island was taken for in
side account, and rumOrs Of an important
deal IN the southwest. involving Rock
Island and possibly Atchison are to be
heard.
The pool in Southern Pacific is making
no special demonstration at this time, but
there Is no abatement of confidence i'm the
ultimate outcome Of this undertaking. Sew
eral low-priced issues in various parts of
The list were given the benefit Of manipula-
tive buying and there was a resumption of
the demand for Rutland preferred by lue
same interests which so successfully adj
vanced Adirondack last summer.