The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-03-21
STOCKS AND BONDS.

New York. March 2O.-The so-called
specialties still occupied the largest
share of attention in the stock market
today. Their movements were not quite
so wide nor so feverishly cratic as yes
terday, but there was still an eccentric
irregularity in this portion of the mark
ct. AS for the standard stocks that u.s.
ually make up the bulk of the trading
by reason of their large capitalization
and representative character, they were
neglected and sluggish as for some time
past. There was some heaviness
amongst the anthracite carriers caused
by the rather threatening attitude as
sumed by the miners conference at
Shamokin but the declines in that group
were limited to fractions and good re-
coveries were made. There was good
support in St. Paul without any explana-
tion for the buying which gave rise to the
of the plan to facilitate the operations of
speculative pools elsewhere in the
market. Colorado Fuel was again con-
spicuous figure and touched yesterday s
high level again at 107, closing with a
net gain of AIS after a very erratic
course during the day. This movement
seemed to have sympathetic effect on
Tennessee Coal and Hooking Valley, but
the United States Steel stocks continued
neglected and heavy as they have been
ever since the proposed bond issue was
announced. Sugar was sold early on
protested disappointment over the terms
of the bill for reducing the Cuban sugar
tariff, but later it rose strongly and
closed with a net gain of a point.
AmalgamatedACopper continued quite ac-
tive and was bought by the shorts to
cover, yielding in a net gain of about a
point. Amongst the minor stocks there
were some new candidates for favor,
while attempts to make the other stocks
recently bought at high prices made
broad inroads on those prices on very
small sales. There was a conspicuous
demand for Chicago Union Traction and
International Power, and the newly list
ed corn products stocks were advanced
more than point over their first sale
price. The local fractions advanced in
response. to the announcement of the
favorable action of stockholders in the
Brooklyn Transit Company and the Met
ropolitan Street Railway Company upon
the proposed capital establishments. The
rise of 31a in Long Island seemed to be
in sympathy with this group. The mark
ct closed quiet and active but irregular.
Growing consideration is given to the
question of money supplies between now
and the time of the April quarterly set
Elements.
The active speculative issues in the
bond market were inclined to be heavy
but the general list was irregular. Total
sales (par value) $2,450,000.
United States bonds were all unchanged
on the last CALL
Total sales for the day were 5S4 ,00C
shares, including Atchison 1900; Chica-
go, indianapolis and st. Louis 8,400;
Baltimore and Ohio 10000; Chicago and
Northwestern $500; Colorado Southern
1900; Erie $500; Louisville and Nash
vile $4,000; Manhattan 9,400 Metropoli-
tan $500; Missouri Pacific $780, Penn
sylvania $500; Reading q, 800; Reading,
second preferred, 10000; st. LouiS and
San Francisco $500; st. Paul $4,000;
Southern Pacific 7,400 Union Pacific
800: Amalgamated Copper Al, 900; Brook
lyn Transit 21,40O; Colorado Fuel and
Iron 46.700; Hooking Valley Coal 5000:
North American 100; Sugar As, 100;
Tennessee Coal and Iron 26,400; United
States Steel 5000; United States Steel,
preferred. $780,