The Birmingham age-herald., 1902-10-25
SOME RELIEF IN
 STOCK EXCHANGE
There Was Little Demand and
 the List Was Dull
PUBLIC BUYING LACKING
Rise In Price of Coal and Further Ru- mors of Labor Troubles In Varl- ous Parts of Country Were
 Among the Developments.

New York, October 24-Some relief was money and foreign exchange rates, but there was no demand for stocks and the list was dull and irregular throughout. For reasons that are not altogether clear, the substantial financial interests con- tinue to hold aloof and even the pool manipulators are inactive. It is true that conditions such as prevailed during the week are not unusual at the approach of an election, but traders and shrewd ob- servers generally say this does not alto gether account for the absolute lack of public buying.
 The rise in the price of coal and fur ther rumors of labor troubles in various parts of the country. were among the few developments of the day. The strong features at the opening were Lacka- wanna, Reading, common and second preferred, Baltimore and Ohio, and Fol- edo, St Louis and Western issues. Op- erations in the last named stocks were again believed to be largely manipulative and Baltimore and Ohio soon lost its initial gain. Firmness was shown in such issues as Atchison, Union Pacll4c, St. Paul, Missouri Pacific and Colorado feul and iron. The latter was stronger on reports of buying by interests opposed to those In control. An early sale of St. Joseph and Grand Island second pre- ferred was made at a decline of over two per cent and later further loss was re- corded. Liquidation in Baltimore and Ohio eights for cash, was presumably due to the fact that the option on the eisilts expired today.
 Trading was very light all through the morning session, and fluctuations were marrow. Speculation was limited almost entirely to the specialties, the early move ment in Colorado Fuel and. Toledo St. Louis and Western issues being con- tinued Colorado Fuel was. the real feat ure, transactions in that stock aggrega-- ing more than one-fifth of the total busi ness with net advance of Az points Favorable reports concerning the coal stocks and the steel and iron issues were heard but they failed to induce any de- mand. The afternoon brought no devel- opments, and such trading as was report ed came from out-of-town centers. Lon don dealt in about 15,e00 shares, of which two thirds were sales. Virtually all the buying for. London was done by one firm of brokers In addition to colorado Fuel, strength was shown in Lackawanna, Reading second, Virginia-Carolina Chem ical Cotton Oil, Tennessee Coal, Amalga- mated Copper and Pullman. Call money ruled between 1 and per cent, but be- fore the close fell to per cent, the low est figures reported in some time. De- mand sterling worked down to 4S6.40, and the great part of the days business was Ion the selling side The weekly bank statement is expected to make very fla vorable showing, with a large increase of cash, due to recent bond purchases under Secretary Shaw's order. The sub-treasury today transferred $25O0OO to Chicago and paid out $10OO0O for account of gold de- posted at San Francisco.
 Railroad bonds were sluggish but stead fer all around. Total sales, par value, PAS, ,000
 United States bonds were all unchanged On the last call.