Evening star. [volume] (Washington, D.C.) 1854-1972, 1902-03-26
Stocks Were Rather Irregular
and Reactionary.
TRADERS IN CONTROL
SHARP BREAK IN EVANSVILLE
AND TERRE HAUTE.
Threatened Miners Strike Has BAD
Effect on Coalers-Merger Suit
Bear influence.
Special Dispatch to The Evening STIR.

Special Dispatch TO The Evening Stsr. --1. .
NEW YORK, March 2s-The course OF
prices In today's stock market Indicated no
decisive or significant tendency, p, far as
the general speculative situation is con-
cerned. There were a few special move
nents, but traders had the market to thsni-
selves and did little beyond closing up ac-
counts over the holiday.
Large interests are doing nothing. ana
beyond the fact that higher prices are de-
sirable to those interests there Is no Indi-
cation as to what form activity will take
Traders make prices within narrow limits
and commission house4 are disposed 20
advise a further period If waiting. Here
and there some evidences Of public inter-
est are noted, but the embarrassing char
acter OF the market results in the modifica-
ton or withdrawal of buying orders 30
During the day numerous corporations de-
clared dividends payable early in Aprii
and considerable sum OF money Is TO De
released for such purposes during the COM
ing week. What effect the releasing OF this
money VIII have, so far as ium edi;rLe re
suits are concerned. will derehtf urof Mother
conditions. The coal strike has a fair
chance for becoming an nwelcome Incl
dent: but strong forces are wprking dill
gently against any such manifestation OF
unrest =. -,
Litigation in the matter OF mergers and
tralIic agreements serves to keep the lea &
Ing financial interests quite as busy ex-
planning past achievements as In develop
Ing new plans. The explanations are not
always satisfactory fnasmuch as ho inten-
ton to do Illegal acts is disclosed. Just
what results will follow are not known:
and the market has only the assurance Of
nagging episodes throughout the spring
season. Meantime owners of securities
show no desire 10 sell and liquidation has
not of late been feature Of the general
market.
Selling of long stock, as I'm the case of
Evansville and Terre Haute during tho
present week. reflects general Liquidation
and there have been other similar instances
but the whole market shows no genera
pressure Of stocks. The stocks Of the COM
pany named broke badly during the morn
ing. the common Ga and the preferred 10
points. Suggestions Of bad management
and original bookkeeping methods were re-
sponsible for the decline. Support came in
at the low points and substantial recoV-
cry was recorded during the afternoon.
North American was sold Off at one time
but later was made to sell at its best price.
Colorado Fuel was kept strong by inside
interests, but was an exception to the Steel
stocks a class. The United States issues
were heavy and support was most per-
| functory.
The 500 shares were advanced TO top
! prices. the buying coming from the small
clique which originally began the move
ment.
Atchison earnings, showing an increase
| of s115,,s4 after taxes and rentals. for the
month of February. were ENCOURAGE but
/ failed TO attract the amount OF attention
which might have been expected Iowa
I Central was well bought. but the demand
was confined 10 inside interests. Anal
| gamated Copper was strong all day under
] a mixed demand. due TO further reports eff
| an attempt to compromise tina trade situa-
| ton. Money ruled around "a per cent.