The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-06
CTOCKS, BONDS
- - And MONEY.

NEW YORK, March 5.-Specuiative
sentiment was somewhat treasured today
over the money outlook and the rather
acute weakness with which the trading
ended last night was overcome after d
time. 1t was in evidence during the
morning, but the market gradually set
tied back into it's recent condition of
dullness and spottiness, the speciaJties
again coming to the front There were
some fairly sensational gains here, which
served to keep the undertone of the mar
row market steady. The money market
failed to show the sudden construction
of supplies which was dreaded as re-
suit of the unexpectedly heavy demands
made upon the New York money mar
ket. The calling of subscriptions to the
San Francisco traction merger proved
relieving force to some degree, instead
of aggrayating the stringency, as had
been feared. This was due to the fact
that foreigners are subscribers to the
syndicate and their remittances to NV
York in response to the call relaxed
somewhat the foreign demand for gold
No further actual engagements of gold
were made today, and not all the gold
that was expected was packed Tor to-
morroWS steamer. 1t is not a forced
supposition, also, that the 81, 100000 block
of government bonds offered for redenlD-
ton yesterday was pre-concerted as a
set-off to the gold to be deposited at
the Sub-treaSury for telegraphic trans
fer to San Francisco. The movement
to San Francisco has some puzzling fta-
lures about it, and the applications 10
the Washington authorities for permis-,
sion to transfer $50 900, 900 to $50, 600 go TO
San Francisco arouse surmises as to
other possible demands.
/ Money in - London was apprecia5ly
easier today-and sterling at Paris rose
a Of or1tS
are an index Of relaxed pressure for
gold upon New York. The question Of
further exports this week beyond the
shipment of $1,500000 by tomorrow
steamer and the s., 900 engaged for
Saturdays steamer is therefore an open
one. The absence Of apprehended strin-
gency in the money market was sup
plemented by some good returns of gross
earnings for railroads for the fourth
week of February and by confident as
suranceS that there was no cause for
fear of labor troubles in the Anthracite
coal fields. OF the days specialties, Col
orado & Southern again became con-
spicuouS on an enormous demand, with
revival of rumors of buying for control
The advance in Chicago & Northwestern
was on unusually large dealings for that
closely held stock and was without spe-
cific explanation.
The death Of Leonard Lewisohn in
duced some selling of Amalgamated cop
per, but the stock found support. Mis-
souri, Pacific was under some pressure
but rallied with the rest of the market
and closed with small net gain. The
| United States Steel stocks maintained
their inertness and moved within a crac-
tional range. There were wide move
ments in a number of less important
| stocks which were without explanation.
| Realizing made some inroads on pest
! prices, and the closing was dull and ir-
regular, but with substantial net gains
remaining.
There was no marked activity in the
bond market and the movement of prices
there was somewhat irregular Total
sales, par value, 5000, 900.
United States Is advanced Il per cent
on the last call.
Stocks