New-York tribune., 1902-06-26
BONDS.
THE DAYS OPERATIONS IN STOCKS.

The stock market was duh and narrow on an
irregular movement Of values. Final prices
showed many more net gains than losses, but as
@ rule Improvement was confined to fractions
Uncertainty over the probable course Of the
London market in the event of the Kings death
served to check trading. and at times it in
6uced moderate bear pressure on prices There
WAS, however. no important selling, while IN
2 few shares evidence Of further accumulation
for insiders was presented. Trading in the
wabash stocks showed material falling off
from the record of the last few days. and 1t
WAS thought that a good class of selling or
ders had been executed the advance The
interests behind wabash speculation would
doubtless not object to a reaction in the shares
=, order to increase their lines at cheaper fig
u-es Wabash has enjoyed a marked advance
an5 q reaction now might increase the stock s
chances of selling higher later on in the sea-
son The heaviest trading was in Arnalgafna>eo
Conner Atchison. St Paul. Colorado Fuel ana
Iron Missouri Pacific. Reading, Southern "a
cifc and Union Pacific The anthracite coal
shares were strong on buying induced pS tu@
gains favorable TO the operators in the Strike
situation The return Of some OF the engineers
and punpmen may mark the beginning OF 'he
end Of the trouble in the coal regions IN Inc
Industrial group, American Ice preferred re-
rel0ned fresh weakness on NlIloNo e'ie ~
5en5 rr1nlors. and lost per cent. the common
declining to about half the extent Dlsuiiins
rrefarred was lower, on sales by holders u'S-
satisfied with the plan OF conversion OF secufl-
rios Colorado Fuel and Iron enjoyed rally
IF ? nor cent on covering Of shorts. but IN the
Int dealings the stock lost nearly all OF IT'S
midday gain -
Tho c,~rent tendency of money is TO flow 10
-bis centre and there viii be nothing 10 re
,-o~Sa the direction of the movement nnul tle
soD,and for currency to move the new crops
s..,o,S After the first of the next monlh
.h-a ero1,ld he a material reduction IN the re-
;r,s ,,x the Subj reasury from the local BANKS
owing to the repeal of the war taxes WHICH oe-
o,,,ae effective on July J. With currency COM
,,e from the interior, gold from the hlonolke
.nd lighter paynlents TO the Federal treasury
.t.ra need he no uneasiness over the supply Oh
money in New-York. There will be an ample
fund for stock market and trade requirements
e,,a~ if gold exports should be made IN any
sr,ount Regarding the prospects Of gold snip
,,arrs il is We'll to bear in mind that gold VIII
,,c+ he cent ont If there is any other way OF
re--15,,e fcrei.-n demands. Shipping golo Is an
v-ra-e7,.e c-Feratfon There apparently Is no
urganr need for gold from this side IN L1oiooii ~
or Paris hut London may ma II auNlsaptS u ~
rav dAb1s due in Paris by drawing on NV
Srrl- for the T,recious metal According 10 Il
r,rtb, i-,forrna ton from Washington. there VIII
he no 1yttfra wal of government depoSlts I'm
ra-iora1 hanks while in the fall oesoslts MIli !,
probablv be increased Ihe pfeesennl ofao 3n1 -
raeb f,aiance of the Treasury is S2o2W""H' oI
49, ,1-ay S1a6 600 900 is in National bank de-
positOIies-
THE DAYS OPERATIONS IN BONDS
GOVERNMENT BoNDs.-Market steady, Fina'