Omaha daily bee., 1902-03-08

Scene of Conflicting Emotions IN the
Part of Professions Spectators


NEW YORK, March THE stock mar
ket today showed evidence of conflicting
emotions on the part of the professional
spectators who make up the present mar
ket, There was something OF a struggle
during the early part Of the day to keep
prices moving upward and a number OF
specialties shot up in the way which has
become so familiar of late. Others which
were violently advanced yesterday showed
a tendency to an abrupt relapse. The gen
lent condition, suggesting that the demand
from the short interest which caused yes
report that 100000 gold ENGAGED for to-
morrow's steamer had been withdrawn from
export had a mild. stimulating effect on
morrow's bank statement showed sufficient
ground for apprehension still remaining OF
the rate of depletion Of the New York bank
reserves. TIL report that the government
had filed its suit against the Northern Sc
%curities company with the United states
although 1t had been abundantly f~oreseen
and presented no new phase in the case.
The preliminary figures of money move
ment for the week indicate that the banks
have lost cash, to the extent of nearly
5 100000, including the gold exported on
T ThIsS but Ut not Including the %;SOO'O q
is argued that Thursdays gold exports,
coming late in the week will not figure for
the average, but the same thing was true
OF last weeks statement, leaving the resi-
due of last weeks cash losses to be car
AA0a wv INV NAAAG NGOhs "a app MS
Is therefore that the small surplus may be
cut in two. With the present dimensions
Of the deposit and cash items In the New
York banks the surplus is at its present
figure almost nominal anyway, and q
variation of a few millions has little eff
feet. on, the proportion OF the reserve, The
hardening tendency Of the money market
is a convincing evidence, however, that the
banks are not anxious at present to extend
their credits. OF the days special move
ments Colorado Fuel was most conspicuous,
with a feverish reaction which reached.e
eTn, after as one q RISE Hme Of IN TIS'c aiso turned TeG'1 down.
ward and fell at one time 3k under last
night. on the side OF advances st. Paul,
price and the preferred 3. The rise of over
3 points in Evansville e. Terre Haute was
in response to yesterdays rise in Chicago
ton OIL AZ and Virginia. Carolina Chemical
Consolidation cSn There was besides a long
list OF obscure stocks with one to two points
advance TO their credit. all Of which were
ton. The market closed rather easy in
spite of a late rise In Colorado & Southern
and Mexican National .o,.,n,oa 4o.h.-
dull. Total sales, par value, $2,790,oO0.
United States rs, coupon, and the old As
advanced Y and the new Is u per cent on
The Commercial Advertisers London
financial cablegram says: The market was
exceedingly quiet, tomorrow being "a holt-
day and the settlement coming on Monday,
but sentiment was cheerful. particularly In
Kafirs, where the bull account is much re-
duced, and there are man temporary bears
against March operations. The market re-
CARDS as hopefully significant the stricter
censorship in the Transvaal of all messages
passing through Pretoria Houses with
South African connections are buying con-
York price movements. Mexican National
rose a point. The Speyers are reported as
buying for New York account. The mar
ket was again a borrow from the bank.
Silver is fiat on complete absence of sup
port. Tho metal has the appearance Of
going lower. February trade returns show
an Increase of imports of s per cent, of
exports 2h per cent.
The following are the closing prices on
the New York Stock exchanges: