Omaha daily bee., 1902-04-12
NEW YORK STOCKS AND BONDS.
see-saw Movement Apparent with Ac-
tivity of Louisville & Nashville.

NEW YORK; April 1.-THE fears Of a
sbemf fSa pri 2S 3 ff factor T N fRe Se tendent TO
toward recovery in the. market. Specu-
lative sentiment showed itself sensitive,
& Nashville. Thus when very large buy
ing appeared in other parts Of the market
a last night, there was a rally
in the market. The see-saw process was
more or less conspicuous all day. esp.e-
cially at periods when Louisville a. Nash
Vile was particularly active. The market
for that stock continued very bearish on
fluctuations were by no means so wild as
yesterday. There Were indications that
were disposed to handle it more tenderly
out of consideration of the effect upon the
rest OF the market.
The. stock touched 122h at the top and
closed with a net gain of rs. AS for
southern Railway, 1t fell back to. a po-
active stocks in the market and moved
narrowly. The strength which the mar
ket showed as a whole was by no means
eminent crop report caused some depres-
sion here and there among the grangers,
A~malgamated Copper was consistently
strong and rose nearly 8 points at the last.
T1e Tetur sto6 * 5hs city Snd OF d,T Sns OF w .as
Monon ran OFF sharply S points on the
as there had been hopes of a most liberal
distribution. The stock made a feVerish
re f1SItsS q staPt sFt & sta ieT d stoeRs were heavy
on rather free selling, attributed to dis
satisfaction with the bond issue and the
which will go to the banker as commits
sion.
purchase Of the ,Choctaw. Oklahoma 8
Gulf was In. the interest of Rock Island
y wSs f0 bSt fSe S dEeahiin ss-P %sre m risS ON nt 5ha.
nal and the gain was wiped out.
Power, North American. Michigan Cen
trail and Westinghouse Electric made gains
Of nearly 3 points or upward
on some me OF 5ee Suy that Of th she bsS a w state gaeTf
tomorrow will show an improved con-
dition by the clearing house institutions
which is over 1900. 900 less than the pay,
ments to that institution for the gold ex'
ported.
Receipts on balances from the interior
have exceeded the loss TO the subtreasurS
by a small margin. The expectation Is
traction of loans, as. loans in the STOCK
market have been called during the week
companies and foreign loans have gone tC
supply the weeks demand.
Some recuperation in the surplus of tbs
banks therefore seems probable. II Il
supposed that the enactment of the New
York law extending the list of bonds avail
able for savings bank investment will re
suit I'm some release OF funds. which hay'
been employed In holding these bonds pend
ing the enactment OF the law .
The action OF the Treasury department II
Increasing deposits with panks upward o
&A,OO0,OO with the assurance of furthei
\ monthly increases In proportion had
favorable effect upon sentiment, although
there was no immediate result apparent.
q The peace rumors from London wer,
practically ignored. The British bulge
statement of next week Is awaited 70
clearer light on the situation in the Lon
don market.
There was great activity and strength
In Central of Georgia income bonds an
Mexican Central income bonds. Otherwts
the market was somewhat irregular, TOta
sales, par value. s.. 76, 600. United State
2s advanced u per cent on the last call.
/ The Commercial Advertisers LOndo
: financial cablegram says: Stocks were yer
confident today in the expectation OF peace
Insiders were speculatively buying KafhT
freely, but the public continued shy. Con
soils closed 9-l6 up at 81 I-16. American
: began fiat and remained idle. New Yor
was a moderate buyer in the afternoon. /
a the street these shares were irm. eXcep
Union Pacific. which broke. The days fea
: ture was again Louisville a Nashville
Five hundred shares changed hands a
1884. then the price dropped TO n7A an
hung around lis most Of the day. In tn
street the price bounded TO 1888. closin
J at 1884. Arbitragors still avoid dealing :
! the shares. Copper sold at ESs Is Sd per TO
lland Rio tnSoS were ~ up. The markS