The Montgomery advertiser., 1902-04-23
COTTON TIES At Less Than Manufac- turers Prices. C. E. CAVERLY,
 Atlanta. Ga.
WALL STREET REVIEW
MARKET HAD APPEARANCE OF
 BEING TIRED. Gallant Rally Against the Depres- sion Had Effect of Advancing Eastern Railroad Stocks and Checking Selling of West
 ern Securities.

NEW YORK, April 22.-Today's stock mar 1et had the appearance of being tired. in the language of the brokers A gallant rally was made against the depression and the sympa- thctic influence of rather aggressive strength developed in some of the Eastern railroad stocks had the effect of checking the selling in the Western field, so that the losses were at one time pretty generally recovered. But the action of Reading strongly indicated Q cutm3nation Of the upward movement in this stock and the taking of speculative profits and an afternoon rally in the wheat market awakened the anxiety felt for the Winter wheat crop. The Western railroad stocks fell away to the lowest of the day and the gains which had been established elsewhere among important railway stocks melted away. The market closed active and weak and generally at the lowest. violent break in sugar to trlbuting cause to the late weakness and wa. attributed to the growing apprehension that the dinerential duty on sugar would be moved or the Cuban reciprocity bill will fail. There were the usual violent and cratic movements in a number of specialties which daily stock market. The upward flight of Nashville Chattanooga and St. Louis was due to the reports subsequently denied that the stock would be changed for Louisville and Nashville Runners were revived of a consoli- dation of American Cotton oil and Virginia Carolina Chemical. The moyement in Inter national Power. American Grass Irvine, Wells Fargo, New York, New Haven and Hartford Long Island, Keokuk and Des Mones stocks and others were unexplained. The early covery in the market stimulated by re- ports of showers in the Winter wheat belt but tnc -cdITyfHS Foaus showed Q nervous tone throughout and the real sustaining in- huence in the market the buying of the coalers. both hard and soft, and the Morgan railroads. The evidence of realizing in Read ing left the market vulnerable again to the influence of rally in the wheat market. all though that was said to be partly due to the heavy decrease during the week in the visible supply of wheat. Speculative opinion is re- signed to the hope of only an average Winter wheat crop under promising conditions and is prepared to expect crop disaster in the event of unfavorable conditions. A reassuring effect was produced by indifference expressed by the principals in the Northern Securities Company to the filing of a suit in the Su- preme Court against the company the ground that the consolidated ownership of the properties is safe in any event since only the method of holding them is aimed at by the suit. But any decision which would de- feat the purchase of the constituent compa- nies by the exchange of their stock for the stock of the new company would have far reaching consauences on many projects un- der way and to which Wall Street looks for great results. London turned seller of stocks in this market today after having been a buyer for several days and thus helped to strengthen the foreign exchange market.
 Speculative bonds weak and the market generally was irregular. Total sales tpar valuel. S3 345. 900. United States 2's ad- vanced k per cent on the last call