The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-05-20
STOCKS AND BONDS.

New York. May le.-There was dull
and professional stock market today with
a sagging tendency. running 70 acute
weakness at times at one or two points
Covering BY room shorts caused some
slight Improvement during the anal hour
but the market became heavy against
and closed so The recent factors Of spec
uiauon continued ia force. namely. the
uncertainty over The effect II the anthra-
cite miners strike. the situation in the
local money market and the corn outlook.
There was some irreguiarity IA the open
Ing dealings and the hard and soft coal
stocks made some stand against deuTcs-
sion. The grain carriers. on the other
hand. we're weak and made quite general
declines ~ g point or more. The reports
If heavy rains ln the northwest were
considered unfavarabie FOR spring wheat
but she weather IN the southwest was
good and winter wheat was reported doing
wei This weakness permeatei the list
pretty generally There VAS notable sell
ing ~ ne nifed States Stel stocks which
seemed t0 gain force when auncunceuer
was made u the several protests pre-
81 nted NJ the stockholders meeting today
against tbs. pan Tor The conversion u
stock ard issue o. bonds. This selling
was alleged % Dc f7r PitfsbrrE account
and was the subject - mech gossip on
The stock exchange. where q gave rfse -
considerable uncasiHe-s The reisfive
frmucss = the coal stocks raE due 20
current reports tnat the National eivic
federation was -tal making cTorts %
settle the strike The common opinion
On Wall Street as O. the duration ~ the
strike continues optimistic. IN spite - the
entire failure n last weekz persistent
asssrfiors that fhsTe would D. m Tfr-
mauent strike 81 az TIE money market
was rather dln tofar "a a TeEllf ~ the
active measures taken last week 20 q
cure additional credits abroad and from
other source than fhe banks Eut IRE
clear urderaraudinr ftst the securing =
these news erellfs eft TIE general cTZ3it
situation ~ whole uncna-gsi. 81 spite
~ Est weeks enormous in1r decrease ~
The banks themselves 5etrartsf from gre
serfiuerfal relief tnst would efhfrrS>f0
ha--s beer fai' ~ 'he io7n showing
TrFre vac = gr7ifrart Etirs rirr - ere
for syn exchange rate also. vasrh i1fi-
Gates tfat hi1h ievei - irtrresf -e-es
york market Ttr OPINION a. sfl1 hfll
THAI errr eilEh- reifzutioa 10 intereff
rates rvaut3 lead t6 early zitEirauais ~
-of7 from New YORK Ire large ho-r9zF-
frre .hrr-7 e- weu ~ -fa present seTfi
- prizes - zsr1ri.le~ aye feii - te asff
~ fsra-1hie eufcrur - IRE c7rr crcs.
who's f-ff s 7T1tisrzaftezl set TIE -
-rrir- ~ ioa-s ah-1st - ~ sri5eure 9,
= -hs res1Gf-es - fte cegrtrtff ~rfait
hrr -hs sr-neF-5r frrei - irf~-est rates
which has 81 - -s'f rTCrs q -c-tie -7ar-
rir near fhe pre7zfil-E rete ~ freEr
-Eers and -aEf rerrtFerf sa-e s3e-
r-.crt - rlss - rra U-ts - TIE lsFdFFF
T1--e rzre e- slrss-s rrlerseu g. rrices
~ hfrn ~ uNT insrtiVe stc~Ef.
ara T7-Frz- tIr-sf Terur~ freT1<d hack =
ro.rfs agasn ~ n-uiEsl faies 1re rssr-
Ess closed ta1 aaI heavy
r1-.ss ure fer and rssrr fzrosss7'7t
Teal sasss gar Talse 8
rested ssz.es tr-ss we're rrrh-EEe' ~
"a lass -s1
C-rslrr = -s-rks vs-a - sezzE