Omaha daily bee., 1902-03-04
NEW YORK sTOCKs AND BONDs.
Prices Slightly Recover, but PrOfes-
afonaIs Dominate the

HhohutA DomInhte Nne IE1olhks
NEW YORK, March There was some
recovery In prices in today's market, but
the dealings were on a very small scale
and still restricted operations by profess
SIGNALS Of the smaller class; The profess
sional character of the operations was also
revealed by the reaction at the close. when
the traders came to take their profits. The
they were considerably impaired by this
movements: The traders who bought
stocks professed a feeling. of encourage
ment over the fact that the cold winter
did not extend to the winter wheat belt.
now denuded OF its snow covering. The
crop prospects are now to play a part in
the stock market. There was also a vague
confidence expressed in the future of the
couraged by the unrufiied e~quanimity in
that market in face of the forces of de-
PtSsioa at OF ro a5e e TSs 5 5ssesys IN In s shs SaH ofs
fered as explanation of their confidence
the conviction that some Of the heavy
cate since the FIRST of the year are about
to be liquidated and will thus relieve the
situation. The situation rs dark as to
and as to the purchase to which the loans
were applied. Another cause of the buy
the railroads reporting their net earnings
for January, following those already re-
ported on Saturday. OF those reporting
Pacific which showed an increase of $3.50.
61 in gross arning for the month and Of
f6S9,I os In net earnings. Union Pacific stock
itself made but a slight response to this
showing, but IL was al influence in the
hrmness of the general market. Little at
and interruption to trafic by floods, UNI
less II might be in the neglect Of the stocks
Of the railroads in the sections most af-
freight rates and passenger rates in the
west and southwest, were equally without
out international banking houses that they
would probably make large shipments of
gold this week. In spite Of these factors.
prices for several days, made their up
ward turn In the market The uncertain
ties in the outlook. however, were mani
The Chicago & Northwestern stocks made
notable advances, the common rising 5 and
s safd pT to be for or Rf01esst SS { n Rock oe Island
also rose 3h points on light transactions.
There was an early movement in the, cot
ton oil stocks on talk of the proposed alb
sorption of other companies in allied
trades. Tennessee coal was a feature on
E sr6 5rp sy th OF t ths sG'ssiR Eaf Sf 0ssIS dsI d for oGa-
ton, and Il rose at one time 2h points.
but lost about a point. General Electric
in the active and dormant list. were
pushed up a point, while in some cases
there was sherp reactions notably IN the
stocks, the common losing IL and the pre-
ferred 81 points. The market closed easy
The bond market was dull. but firm.
Total sales, par value, $z,3O6.0oO. United
States bonds were all unchanged on the
last call.
Commercial Advertisers London inan-
,cial cablegram: The stock market was
inclination to take the illness of Cecil
Rhodes gravely. although there was no
news beyond the mere fact of his illness;
ali kinds Of stocks. Rio tintos fell y to
45%. The fortnightly copper. statistics
show increases in stocks OF 2,133 tons and
in supplies of 2,31S tons. American shares
were stagnant. until New York finally
bought q small amount OF Baltimore 4
ket repaid the Bank of England R1,000.-
900, being two-thirds the amount due to-
day.
the New York Stock exchange: