Omaha daily bee., 1902-09-11
NEW YORK sToCKs AND BONDS.
Tendency of Market Irregular, but
Considerable strength Maintained.

NEW YORK, Sept. 1O.-For the most part
the tendency Of todays market was lrIss-
ular, though II had considerable strength,
which was we'll maintained until the lest
hour. About that time rumors OF the
serious illness OF Russell sage caused n
selling movement in the Gould stocks, the
remainder of the list being sympathetically
affected. Conditions as a whole favored
higher prices. London reported a strong
tone for Americans and gold importations
were announced. Call money, though nom
inally as high as . per cert, was actually
was encouraging and early advices told OF
a truce between the Pennsylvania and
these last rumors and aided by clever
manipulation, Pennsylvania and Baltimore
a. Ohio, whose interests are virtually ident-
zeal. advanced over a point each and the
Gould stocks also gained. In the same
move Improvement was shown by LOUISVILLE
& Nashville, Rock Island, New York Cen
trail, Illinois Central and the Wabash, but
the industrial list was neglected, save for
some activity and better prices in the Gas
stocks and American Ice preferred. During
a brief halt toward the end of the first
hour, during which the list sagged, there
came an active demand for Union Pacific,
Reading, Manhattan, Atchison and some Of
the speclalties.
of Missouri Pacific by the brokers who rad
been active or the other side. st: Paul, on
persistent rumors OF an increased dividend
MONDAY, further advanced, and Reading
strength was well maintained in spite of
obvious profit-taking in Pennsylvanla
United States Steel shares were taken up,
the common being extensively traded in
and simultaneous strength was shown by
Tennessee Coal and other stocks of that
class. There was no news to account for
the increased interest in these issues other
than the general prosperity of the steel and
iron trade. In the miscellaneous list the
shares of the express companies advanced
from 2 to 8 points on very light trading.
Westinghouse Electric and Pere Marquette
gained . points each. Inc feature of the
Is Is hour was a S.point decline IN missouri
railway list, including Baltimore a ohio,
Norfolk & Western, Reading, st. Paul and
The selling movement wiped out the
greater part of the days gains and in some
mMSf ssdGi 3 eaHsea net losses, 81, PaHl and
declines. New high records for the day in
GUIDED St. Paul, Missouri Pacific, Rock
preferred, Southern Pacific, Missouri Kan
sas q Texas Preferred. wabash common
ond preferred. st Joseph & Grand island
first preferred, Keokuk & Des Molnes,
Westinghouse, Republic Iron and Steel and
sues of the Rock Island company were
again the feature on the curb, the 4 per
Stna SUndn Se''i ABOUT uP 70 81 f 'cdo. Sa 'Fan hondOnls
operations here amounted to perhaps 5O,OOC
shares. very equally divided as to pur-
chases and sales. Increased public interest
was reported by leading commission houses
and the days business, which was In ex.
cess OF 1,2OO,OO shares, was well distributed
Money conditions were somewhat easier
but the loss of cash by the banks to the
suotreasury continued. and last weeks sur.
plus reserve was practically obliterated,
The gold movement from Australia is lkely
to assume formidable. proportions. Foreigf
exchange broke Z points early in the day
There were no transfers by the subtreasury
The bond market maintained a firm tone
during the greater mart OF the day. dcgpit,
the heavy realizing in Wabash debentures
which depressed them 2 points.
The market sold of In sympathy Will
the decline In stocks. Total sales, paI
value, $4,S95,OO0. United States old As de,
clined Y per cent, and the new As, regis
tered, advanced NC, and the new As, coupon
v per cent on the last call.
The following are the closing prices OIL
the New York Stock exchanged: