The Montgomery advertiser., 1902-04-29
COTTON TIES At Less Than Manufac- turers Prices. C. E. CAVERLY,
 Atlanta, Ga.
WALL STREET REVIEW SPECULATIVE INTEREST SHOWS
 FALLING OFF. Transactions for the Day Scarcely Reached a Million Shares for the First Time in Two
 Weeks.

NEW YORK. April 2s.-speculation in Siderable saer falling of SA0SsE today and the . million shares for the first time in two weeks The feverish activity which has char acterized the ree ent leadership of the market was decidedly lacking if the rather large deal inss in Reading be expected. The tone of the market was hating and uncertain and the predominant movement. while it failed to em- brace the whole list itself, changed number cd s9e aa G tbs he or CTS and operators to agree upon terms on Saturday disappointment and the tone of the comment of the parties to the confer ence created a disagreeable impression. The result was free selling of Reading in the opening dealings which affected the whole market. This weakness was overcome by strong advances in some of the high priced coalers. The part played in the market by the high-priced stocks of which the floating supply is very small. was notable. and their wide movements resulted from a light volume of transactions. As the upward flight Of Della ware and Hudson and of New Jersey Central rallied the Reading so did the spurt in Chi cago and Northwestern stocks give some strength to the gpangers ana faeines, St closing and there were gains of l@2 points among the Southwesterns. The gains were not well held. however. and there were constant relapses when the market was allowed to be, come quiet New York, New Haven and Hartford another of the high grade stocks to move, but it saved only point of its points advance. Among the industrial special ties there were wide advances in Pullman. International Power, American Express, Pressed Steel Car preferred. Railway Steel Spring and some others which are even more seldom active The common Oil stocks. Nir- ginia Carolina Chemical advanced on talk of consolidation. There were stocks of number of small railroads which were bought on reports of the large activity of local traffic on the railroads. which Is calcu- lated to benefit especially this class of roads and the demand resulted in wide advances in some of the preferred and closely held common stocks Reports of railway earnings received during the day generally favorable and included net earnings for March of a number of systems Colorado Fuel and Tennenssee Coal were bid up late in the day as the To- cal fractions had been earlier. but relapsed again without much effect on the general market. The varying movement in the grain market was reflected from time to time in the stock market but not in decisive way. The usual active industrials quite gen. erally heavy. The reduction in the Calumet and Hecla dividend depressed Amalgamated Copper: Sugar was affected by lower prices for the refined. United States Steel seemed to reflect disapproval of the bond issue and United States Leather was affected by realizing. The firnness of foreign exchange reawakened discussion of probable gold exports, but the money market unaffected. The market closed dull and easy.
 The bond market was moderately active and strong. Total sales (par value). S4. 045, 900 United States bonds were all unchanged on the last call.