The age-herald., 1902-04-27
LITTLE EVIDENCE
 OF ANY ACTIVITY Stock Market Was Quiet With
 No Animation BANK STATEMENT GOOD Some Sharp Advances In speclalties Which Had No Apparent connec- tlon With Any News Develop
 ment-Bonds About Steady.
BANK STATEMENT GOOD

New York, April 26.-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 Of suo- sdiary or allied companies. The twelve points rise in New York, New Haven ana Hartford was supposed to have some con nection with the strength of the two prln- cipal line stocks. There were sharp ao- vances in a number of industrials ana specialties which had no apparent con- nection and were not explained by any news development. The bank statement proved closely in accord with yesterday preliminary estimate and was accepted as favorable. But the attempt to make real izing 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 hand the attempted settlement of the anthracite miners demands was repressive innu- ence on speculation, but the tone or the market seemed chiefly due to the dispo- sition of operators to take a whole holi- day instead of a half day after the con siderable activity and excitement or the week. IL.
 With the period Of growth of the win tor wheat crop and the approach or the seeding period for corn and spring wheat, the stock market this week has renecteo inc importance attached to the crop pros pect as outlining the hope Of continued pro sperity for the whole country. lne remarkable hot weather early In the week and the absence of moisture turned the prices of stock downward, and there was no appreciable rallying tendency un- i'll the reaction in wheat and the reports of rain in the southwest gave hope or re- lie< from thr eat ening conditions Not withstanding the strong grain situation 1t is obvious that strong and aggres- sive force are still active in the slock market and that they have been alert in shifting from one point to another snd developing strong spots. Strong confidence in the railroad situation IS fostered by the generally higher level or arnings reported and by such special exhibits as the annual report Of Lake Shore with it's great surplus earnings over extraordinary expenditure cut or earnings for betterments. The details or the great international steamship mer- ger are accepted as evidence of rapid pro- ertss 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 X Ca