The age-herald., 1902-04-28
LITTLE EVIDENCE
 OF ANY ACTIVITY Stock Market Was Quiet With
 No Animation BANK STATEMENT GOOD Some Sharp Advances In SPecialtles Which Had No Apparent connee- tion With Any News Develop
 ment-Bonds About Steady
BANK STATEMENT GOOD

New York, April 2e.-Today's stock market was rather quiet and gave very little evidence of the activity of the large speculative forces which have kept up the animation of the market during the week. Pennsylvania and New York cen tral were the only conspicuous stocks to show sustained strength, with some sym pathetic influence on the stocks or suo- sidiary or allied companies. The tweiVe points rise in New York, New Haven ana Hartford was supposed to have some con- nection with the strength of the two pr1n- cipal line stocks. There were sharp ad- yances in a number of industrials and specialties which had no apparent con- nectIon and were not explained by any news development. The bank statement proved closely in accord with yesterdays preliminary estimate and was accepted as favorable. But the attempt to make real lzing sales in the expectation that de- mand for stocks would be attracted by the statement found yielding market and prices were carried downwards In many important stocks to below last nights level Yesterdays support for the United States Steel stocks was lacking and these stocks was heavy throughout The grangers seemed somewhat affected by the firmer tone of the grain markets. There was no sequel to yesterdays late spurt in Southern Railroad and that stock sagged until the close. The close generally was active and easy. The ses- sion of the committee having in hano the attempted settlement of the anthracite miners demands was a repressive innu- ence ony speculation, but the tone or the market seemed chiefly due to the dispo- sitton of operators to take whole hon- day instead of a half day after the con siderable activity and excitement or the week.
 With the period of growth of the win ter wheat crop and the approach or Uile seeding period for corn and spring Wheae the stock market this week has rehecteo the importance attached to the crop pros pect as outlining the hope or cohlinueo ,' prosperity for the whole country. The ramarxahle hot weather early in the week and the absence of moisture turned the prices of stock downward, ana there was no appreciable rallying tendency uii- til the reaction in wheat and the rePorts Of rain in the southwest gave nope ol re lief from threat eninS conditions Not- WithStdnulng the SlTCuS Bi eih Sie"NeNt- it is obvious that a strong and aggres- sive force are still active in the stock market, and that they have been alert in shifting from one point to another and developing strong spots. StrohS confidence ip the rsjlroad situation IS fostered by the generally higher level ot earnings reported and by such special exhibits as the annual report or Lake Shore with its great surplus earnings avtr eXnpnQtture earnings for bctterments. The details or the great international steamship mer- ger are accepted as evidence of rapid pro- gro ss towards the strengthening and con solidation Of the transporting facilities, both domestic and international, of the country
 Bonds moved in sympathy with stocks. United States 2s advanced 1s per cent over the closing call of last week.
 New York Stock Market.
 By Private Wire to Murphy Ca