Omaha daily bee., 1902-04-17
NEW YORK STOCKS AND BONDS.
Activity of Financial Powers slim
uIate stocks-Bonda

NEW YORK, April 16.-The stock mar
ket reverted to a more normal condition adj
movement in Southern Hallway. The trans
actions In that stock, although scarcely
day still overshadowed the market and
were on a scale beyond precedent. with
Heavy proft-taking. was in evidence all
day long, which kept the price almost con-
stantly below last nights level. The stock's
induced by the emphatic disclaimers on the
part of the Southern Railway interests of
any participation in the Louisville & Nash
vile purchases. present or prospective.
The western and Pacific stocks, as a rule,
were subjected to realizing, but there were
were sharply advanced, with an appear
ance of an absorption for control which
among the professionals, because of the
prevalent feeling in Wall street, that IA
in the expressive phrase of the president
of one of the %coalers.
uous instance of this class, both its stocks
rising more than 3 points and closing
strong in contrast with a reactionary ten
dency In some parts of the market. There
was a large number of minor stocks which
showed gains of a point or more at one
time during the day, but the cases are rare
where the full advance was maintained.
Sugar became strong for a time on the
the Cuban reciprocity bill.
Amalgamated Copper was sold on account
OF the reduction In the Anaconda division
taken tomorrow in the case of the Anal
gamated dividend. 7
international Power made an extraordi-
nary upward movement of 1885 points, clos
ing with a net gain of I'M.
Rumors were current OF some combina-
were not well maintained in any case, and
there were not a few declines during the
dence that the financial powers which have
been, leading the speculation were still &C
tiY Tbs kept the interest IN the market awake.
ance and there was no advance in the eX-
change market despite large sales of stocks
mand for exchange on account of Amer
lean subscriptions to the new British con-
annotated sGl iSan; fhf fod ai%es T Fl lss msrS Se w oiOsed w sce
tive and irregular. There was continued
heavy realizing in the Central of Georgia
Thu bond market generally was irreg-
ular. Total sales, par value. $4,395, 900.
United States bonds were all unchanged on
the last call.
The Commercial Advertisers London
financial cablegram says: The prospectus
100000 at s2h, equivalent to s2N,. allowing
as discount the full payment and a quar-
taken, which is firm in advance. The
Rothschilds, Morgan q Barings' prospectus
was out at 2 o'clock. Applications are
by the Mutual Life Insurance company of
New York and 100000 by the Guaranty
1 S-16 and closed at r., adjusting itself to
~consols, which are His to 93%. The new
consols are good delivery on full pay
ment, the market offering 4 for allotment.
Results were that the market was irregu-
lar, with some nervousness regarding
peace. There is a fear that there may be
considerable sales on a hitch in negotia-
tions. Americans were very spotty. Louis
vile & Nashville was quieteE London is
short. The price luctuated between 1875
way was heavily traded IN around SO, Ssh
and pack to 3sh. The favorites are Chesa-
peake & Ohio, St Paul, Atchison and
baltimore & Ohio. The close was irregular.
Copperzbegan fat on the drop in the metal
'of ", but the fortnightly statement shows
decreases of BAT tons in stocks and 1,O97 in
supplies The metal rallied 4 to 92H. Rio
tintos finished only u down to "A.
The following are the closing prices on
the New York Stock exchange: