The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-04-19
DEALINGS Tn MARKET
EXTREMELY Active
Stimulated by Bank State
ment Expectations.
RAILWAY LIST CONSPICUOUS
Sugar Refining Broke Very Sharply IN
the Early Dealings On This Mornings
Intelligence Respecting Action Of the
House, But Was Fairly Well Supported

NEW YORK, April I9.-The dealings in
the Stock Market today were upon a ire
mendous scale of activity, and the trading
in general had a feverish and excited
tone.
Virtually nothing that was new was pre-
scented for consideration upon the opening
Of business. The advices from the winter
wheat belt again set forth the discCurag-
ing meteorological conditions, and Occas-
ionally the state Of the growing crops ap-
pcared to attract some attention. For the
most part, however, there was a general
disposition to dismiss this subject from
consideration on the ground that it is still
early in the season to formulate any def
mite conclusion as to the outturn of the
agricultural situation.
The London market for American stocks
continued decidedly strong, and renewed
buying for foreign account was conducted
in the local market
The common expectations that the
banks would he able TO make a fairly
strong showing in their weekly state
ment today were likewise effective IN
stimulating sentiment The dealings in
general followed the same lines which
have prevailed throughout the week Ac-
tive manipulation was conducted in sew
eral directions. cUnccElmittantIy with
heavy liquidation in others.
Conspicuous features OF the railway list
today IL respect of strength and activity
we're Union Pacific, Colorado Southern,
the Chicago Terminal snares and Chicago
and Alton
ST. Paul, which was heavily dealt in.
showed irregular tendencies.
Among the lower priced issues there
were exceedingly heavy dealing in Texas
and Pacific, which advanced materially.
The Anthracite Coal STOCKS were firm
but less active than they have been Of
late
Heavy profit realizing sales appeared in
the ArchisOn issues. Louisville and Nash
vile, and the Southern Railway shares
Chicago. Indianapolis and Louisville IN
derwent the same wide fluctuations which
marked the dealings in that stock yes
terday.
In the Industrial quarter the United
States Steel stocks continued cOnspicu-
ously strong and active
Sugar Refining broke very sharply in
the early dealings On this mornings in
telligence from Washington respecting
the action Of the House Of Representatives
on IlG IuDdl L1IlH DILL DuL Inc STOCK vas
fairly well supported at the decline
Increasing activity was noted in the
Virginia. Carolina Chemical shares in an
tieipation OF the declaration OF an ad-
vanced dividend on the common stock.
Amalgamated Copper was comparatively
neglected and there were few movements
Of interest among the other miscellaneous
issues.
Colorado Fuel and Ircn WIS somewhat
reaetionary during the earlier part Of the
day, while Tennessee Coal and Iron was
firm
The gain in actual cash shown by the
banks IN their statement today amounted
10 less than 50 per cent Of the sum inci-
Gated in the preliminary estimates, being
SS59. COO The loan account. however.
showed a decrease Of $3.50, 000, and in
consequence deposits fell away S4.5S7, 000-
As a result Of the changes IN the deposit
account and actual cash, surplus reserves
increased 50, O06, eco, and the banks now
hold Sc, 577 coo in excess Of the lawful re-
quiFements, as against 81. 922, 600 in the
corresponding week Of last year.