The Montgomery advertiser., 1902-03-21
WALL STREET REVIEW
sPEcIALTIEs STILL CENTRE OF
 ATTENTION.
An Eccentric Irregularity in That Portion of the Market Was No ticed-Heaviness Among Coal
 Carrying Roads.

NEW YORK. March 20.-The so-called se- cialties still attracted the largest share Of at. tention in the stock market today Their feverishly cratic as yesterday. but there was stll an eccentric irreguiarfty in this portion of the market. As for the standard stocks that usually make up the bulk of the trading by reason of their large capitalization and representative character they were neglected and sluggish for some time past There was some heaviness amongst the anthracite carriers caused by, the rather threatening at titpde assumed by the minere conference at Shamokin, but the declines in that group were limited 10 fractions and good recoveries were made There wss good suppSst S enY,ns n M xeh gave rise to the supposition that the support was part of the plan to facilitate. the opera market. Colorado Fuel was again q conspicu. ous figure and touched yesterdays high level again at lo1' closing with . % net gain ,s of ~ This movement seemed to have sympathetic effect on Tennessee Coal aud Hooking Coal contracted and heavy as they have been ever since the proposed bond issue was announced. Sugar was scd early on s;, I'd the Cuban sugar tarin, but later 1t rose strong iy and closed with net gai, of point. and was bought by the shorts to cover yield ing in a net gain of about a point. Amongst the minor stocks there was some new candi. dates for favor. while attempts to market other stocks recently bought at high prices made broad inroads on those prices on very enn8iI sales. IneTo was COuSplcuuus ueHauu for Chicago Union Traction and International Power and the newly listed corn products stocks were advanced more than a point over their first sale price. The local fractions ad-
 vanced in response to the announcement of the favorable action of stockholders in the Brooklyn Transit Company and the Metropoii-
 tan Street Railway Company upon the pro. posed capital readjustments The rise of 3h fin Long Island seemed to be in sympathy
 with this group. The market closed quite active. but irregular. Growing consideration Is given to the question of money supplies be- tween now and the time of the April quarterly settlements. The gain by the banks on sub treasury operations q result of the clos ing of the Governments offer for redemption of bonds show tendency to dwlnd1e from the renewed effect of the surplus revenue re- turns, notwithstanding large daily disburse- ments on account of pensions now running at the maximum for the month The question arises as to the effect on the money market when the pension payments fall off again and the sub-treasury renevs its collection of . considerable daily surplus balance in its op- erations with the New York money market. The continued firmness of the London money market and the large Government loan opera tions looming In the near future there and on the continent are also subject to consideration.
 The active speculative issues in the bond market were inclined to be heavy. but the gen eral list was irregular. Total sales fpar vaiue) S2 4So GOO. United States bonds were all un-' changed on the last call.
 NEW YORK. March 2o.-The Stock Ex- change here will be closed on Good Friday and the following day.