Omaha daily bee., 1902-04-23
NEW YORK TOCKs AND BONDS.
speculation in stocks Seemingly Tired
and Bonds Are Weak.

NEW YORK, April 22.-Today's stock
m n Tbe nae the aPp tebadra brot OIL oeihg ga Iis
rally was made against the depression and
the sympathetic influence Of the rather
aggressive strength developed in some of
the stock and had the effect Of checking
the advance In the western field, so that
The losses Were pretty generally ree9yered
a elimination of the upward movement In
that stock and the taking. of speculative
profits and an afternoon rally in the wheat
market reawakened the anxiety felt for
the winter wheat crop.
The western railroad stocks fell away to
the lowest of the day and the gains which
had been established elsewhere among i'm
portant railroad stocks melted away.
The market closed active and weak and
generally at the lowest. A violent break
in sugar to 122h, after selling up to l21%
was a contriouung cause TO the ATE weak
apprehension that the differential duty on
sugar will be removed or the Cuban recip-
roctty bill will fail.
There were the usual violent and erratic
mSyements in a number OF speciaities
flight of Nashville, Chattanooga & st.
Louis was due to the reports subsequently
for Louisville & Nashville.
umor were revived of a consolidation
of the American Cotton OIL and Virginia
Canolina Chemical company. The move
ments in international Power, American
Grass Irvine, Wells-Fargo, New York, New
! Keokuk and Des Moines stocks and others
were unexplained.
The. early. recovery in the market was
winter wheat belt, but the grain-carrying
roads showed a nervous tone throughout
and the real sustaining influence in the
market was the buying of the coalers, both
hard and soft, and the Morgan railroad.
The realizing in Reading left the market
Vulnerable to the influence of a rally in
the wheat market. although that was said
to be due partially to the heavy decrease
during the week in the visible supply Of
wheat SDpCIlatiVa nniniOO Ia raSf0nad 70
the hope of only an average winter wheat
crop under promising conditions and is
event of unfavorable conditions.
a reassuring effect was produced by in
difference, expressed by the principals in
the Northern Securities company to the
films of the suit in the supreme court
against the company on the ground that
the consolidated ownership of the proper
method of holding them is aimed at by
the suit. But any decision. which would
defeat the purchase of the constituent
companies by the change of their stock for
the stock of the new company would have
jects under way and to which Wall street
looks for great results.
London turned seller of stocks in this
market today, after having been a buyer
for several days. and thus helped to
strengthen the foreign exchange market.
orally was irregular. fetal sales, par
value, $3,345, 900; United States 2s advanced
l% on the last call.
financial cablegram says: Stocks today
were fairly brisk and cheerful, considering
the passover settlement tomorrow. Com
soils were hard at 81 7-16c. The new issue
was at 9l6c premium. American shares
moved cautiously after yesterdays fire.
ity and remained steady, with some buy
ing of Southern Pacihcs and Union Pa
cities, but New York fattened both. New
York supported the market in the street,
the coalers and especially Erie, being
bright generally, and Louisville & Nash
| villa and SnHfhnrn nnHluvaNF .,,- &C.,.
Gold to the amount of e50,OOO has been re-
ceived from Egypt, G2O,OO from Holland
and E105, 900 in bars has been bought.
Money is scarce. The market repaid 81, 0OO,-
COO of the 100000 due the bank. Paris
exchange is 25.19; Berlin. 20.4Sh. Silver had
a rally. The spectators squirt In Amer
lean was taken advantage of to drive the
bears to cover
The GLOWING are the closing prices on
the New York Stock exchange: