The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-03-14
STOCKS AID BONDS.

New York. March 13.-Today's stock
market Was again n AFFAIR ~ special
ties. and the movement II tine active
leaders OF the market vas exceedingly
confused and Irregular ana presented
many direct reveFsals OF the recently pre-
VaIinG movement L. special stocks. Inc
stocks OF the Largely comprised railrpad
systems Of the SOU which assume Lne
leadership II the market in times OF
great general speculation were neglect
80 and almost ImmOvs ole II such stocks
IS l. p, :. P, Atchison, SJ. PAU and
No. Pac-, as wei as many other usually
active stocks. the outside range Tor the
DAY did not cover more than half z
point, and in some only quarter YET
the large dealings in some OF the largely
capitalized lucustrlals and IN raliroad
spcclaitles OF small capitalization there
was sufficient activity 70 give the market
some appearance OF animation Ama-ga-
mated Copper continued the most acuVe
stock in II. market and the acute weak
ness OF Yesterday was overcome by vlg-
0rOus support after ruling q rracJiol
below last night curing the4arly part OF
the day 1t rose above f. the afternoon and
finished with & net gain OF z point. Sil-
gar took Analgaglated CoDper's place
In the column and suffered n extreme
decline Of nearly points, bu- recovered
at but n Iracuon Of it. The varying
opinions ca the chances Ok Cuban sugar
for = tariff concession we're the specu-
lative material IN this stock Ma1nau-
tn was very active and advanced
stroncly An uncovered short interest
was reported 70 be Q factor IN this ad-
vance. but reports were circulated or
large earnings. Orner strong points = ere
North American. the international Sill
YER stocfN and & number u minor spec
ialties without any ezplanattCs Strength
in the soft cO2lerS vas cue 10 the De
lief that agreements had been reached
with the miners. me anthraclte roac=,
on the other hand. rejected = REQUIRE ncs
Of uueaSiuess over the labor question,
dIe TO the reports Of q threatened strike
n the Leck4wau CO. s mines. Reports
Of labor controversies IN various parts
OF the country were discussed with inter-
est and were a somewhat depressing
factor generally The anthracite ROADS
IN consequence were Interrupted IN their
advancing tendency Of YESTERDAY Inc
rise in ST. Louis and Southwestern pre-
ferrc1 was due 10 the announced success
of the plan for the conversion Of the
cOmps ~ : second income bonds. Trade
reports from the iron and steel Industry
were RESPONSIBLE for the advance II the
stocks Of companies IN that trade N
which the L. s steel stocks participated
only moderately. owing 70 the discussion
q the propositic- of & bond issue fec
rctfrcru tent OF part Of tho preferred stock
and for acquiring additional properties
While Epectal stocks were advancing
others were affected BY profit taking
sales after having entoved recent sub
stsnt0l advances The deposit ~ three
quarters Of q million dollars 2t the SUB
treasury Tor transfer 10 san FRANCISCO
called renewed attention 70 the situation
Of the money market Not counting TINS
withdrawal the sub-tressurT Opcratto =
and previous transferred and gold OK
rorts show losses By the banks since the
last statement If upward Of sse3loJ as
against surplus last Saturday OF only
IS q7S 49, Call money went 70 per cent
again TO-DAY bur the unrufHed cedmness
OF the market indicates some hidden pro-
cess OF RELIEF going on against the de-'-e-
ton OF reserves. There vas no re-- Na-
ton ia the London none market today.
but the period IS approaching when the
government must begin 20 disburse re-
cent large collections Of revenue. To-
COWS st9or- statement OF the Bank "
: rance with &. further substantial sddi-
tiou 10 its already u1preceDted goif &C
currulation suggested lightened require
rnerts from that quarter The future IN
ternational movement OF gold. however.
IS still in doubt
zsT.-a Sc 2I01 II : rev IS declined Is
and the old Is = per cent on the last call
Closing prices of stocks were as lo--