The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-03-22
GOSSIP OF WALL STREET.

Taoihg eiement 10 eald 70 have been selling
on scale up. beinf sceptioal Of the advance
| and convinced that the rally will not hold.
This no doubt, would account for the Dor
rowing demand for stocks In the loan crowd.
= The feeling around the Street, among brokers
and non-professional traders, seemed TO be
more hopeful further slight Increase Of
! commission business was reported and.
curiousy enough. in view Of q mass OF so
lcitous advice to the contrary. the outside
interest as II slowly revives runs a. much
nrot.,. AZ NJ y. s.,,.s",,. vS.T.
'""'
II 10 more or less common opinion that
bullish conclusions do not necessarily follow
The disposition among traders 10 rather to
expect q more two-sided market for while,
dominated by professional influences. The
bulling Of certain stocks. notably Mexican
Central. by speculative interests which lately
were operating for the decline 10 regarded
as sufhcient evidence that professional atti.
tudes have been changing
Report Of settlement Of the Southern
Pacific shair was reosived yesterday and
positively contrsdioted
III. s... 49,. l., a..
uoI0ns aem"no IoI n~cA w .ne
n,t..Ws 49,. 49,.
T,,r.d.v tn" .,o.s 1920, -
pasn.r,y.,. y,n,Sa p..iao . ss,,,ss.s
Ma. nsn,. ~ ~
cent for everyth,ns s~csnt southsrn psoiNc
which loaned at > per cent. instead Of -nst"
a. on Thursday. The demand for the stock.
while very active, was not as urgent a. II had
been. There was also limited borrowing
demand for Consolidated Gas. 1t 10 said
that there Is stu q considerable short inter-
est In the stock. There has been no apparent
effort TO enbarrsss H. and It's earning 20 Tar
hA hAAn n m RxAH
~. .,u.,n. -, ,..
.aass sr,,s.s h,I" ~ ans S.w - 80
sr ~. a., s .s.,em 80 -. -.
80 -. $500, To-
49,. ~ a. ,..a ,,,i. n,.,o.i,r ~ ;.
1850 .,r.,. Th... g. ~ aur,.,. -
,a.n,.,,.n nnon .ht.h ~. d.m.nd oon
.,.ah," oo,id ~. ~, h...d Ths .,ooL
ia behaved hov.ysr In be heavily over.
"a s.,.,.i 80. r.nn,,n.n, ho,... 80.
u s,I \. -. ~. go
=. 49, Dr,oas ~ a.. "a. That q m, ana
level around 1875.
r, .-, -, p-...,v.,,. u.s...d.,
The buying oil fennsyIvanA yss'e,asy
was Eueu ,'s -,
. YORK central. fenhsyiNaha - nss'hy cN
SOLD according 70 tne sPoss "uu'
sa'o that tne snor' ,neIe' IN rsSh-
SWANS u larger .Nh snU u w o'ne'
stock Houses naVlhs rn'aoelph. c"n-
day. hairy bamoerser. oil Won nIos' eo''
bought 5000 shares on tne aoVahce'
tn. tvo-do,,sy broters and specislist,
..na,4 th.t a.. ms,r.t i. f,ii NJ stoo-loss
49,. on Tho .e,,,no sids Timid specuiators
TO- an odv.ncs iachino comnlete coincidence
In ths marhet ana sotins. many Of them,
an ,hs advice ~ theiy brokers. have soush
20 nrotect their long commitments with
-.ton.. AT from , 10 4 pojnts under their
! trades. Stop-loss orders have way OF
accnmuiatinr In the nanos OF specsts
ana two-doiiar men ana are .nu, y souIoc "'
temptation TO room operatofs' inc OUTSIDE
| trader imaRines that MS stop ordei Sc
| cret between his nroker ana nimeen, out a..
rule 10 not Commissioh oroHeIs neseh
the time 10 stahd over stock ws"nk LOT "
| TO touch certain price, ana tney cou,oh
STAND over hVe or SIX stocA. 'onoe ,eh , ~ my
had nothing else 20 40 AnotneI pecunAIny
OF stop orders u .hN mo-" o, MIN e NJ
the even prices ratheI tnan IN rsc''ons'
u.,,ono,,,.n had !, violent opeplns. Thu
ar.t transaction was 100 shares at iss. and
then $500 share. at running quotation Of
from i"n 20 ~ hons. .h.. -. 10
" pIose .sain 70 is .r N.."s . -
soou .or.ns.on y" - 80 ,o.m.d 20 go.
Nreay ,na. -, 80 80 ,D.e.... ~h,oh rnonv
ae .'".. w ,,,n.n.h,. con,.nt IT,,
supp".e s~ssI 4 r.
man - n, .s,,..s Iisusn.s .s,,,n.
se.d "e ~ p hs a. = scs,. order Clsrh'
Dodge 4 Co. appeared TO have . scals buying
order. Harris. Gates Co. ana Joseph
| Connah were also buyers The wormsers
seemed to b. doing nothing. although u was
| said that they were distributing orders
Persons who pretend to know somethins Of
what II going on expect further develop.
ments Of . very interesting character.
r,.,.,., on.,.o,., y, IN. r,.,r.,
10. .mon.,hi. n.,h.,s %, ,hs nun
recently nrespons 49,. ,,,,,.,,.s,.. =,
Der OF cos'. vV IN 49, .o,ns .r"unS
noor sa .n vi" ,..I. ~. ,noaa.,, % hroLs,
one on tns ss," "a sn "a. $3.50,
name NI,nneu, sno 40 40" "s 49,"
s.oo Nor.n 49,, 80. e. .oo TO-.
CANE s'1ns o'oaa so v -, q, 49,
Inc mr." oroHe' so - % Ss,S
oy tns msnneI IN scn ~ MY
that LOO shsfes coS.on. s IN one
bloct lhs secoea otox@. ~ sons
times WI. tnereupon o'o ~ Ior ~ snsrSs'
never orcamns .nss ~ svu'e - VI
and the nrss ofoksf inssss'y o'so BOO
tn. bull party ia Am.ls.@.'.d Copper
sS-- - an a.. advance 20 ~ wss