Omaha daily bee., 1903-03-21
NEW YORK STOCKS AND BONDS.
Ghnres sell Freely ON Renewed Activ-
ity I'm Market .

NEW ORR March 2.-Iencral i'm
provemcnt, was shown by tn stock marke
today. The absence Ct selli1g pressur
at tn opening caused IN pro -es io, al
element to cover In n iumbtr OF the actiVt
issues, with the result that numerous ma
terial gains were registered. southern Pa.
cinc was one of the few exceptions. show
ing more or less weakness throughout tha
day. The bulk OF todny's bis ness was
done during the morning session, tho Ugh In
the last hour the market resumed Its early
activity and closing prices were in many
Instances the best of the day. The better
feeling was more pronounced In the after
noon because OF the greater ease In the
time money rate, some loans being mad q
at D per celt. 1t was the general opinion
that barring ~untoward events the .s.tuauo !
should from now on improve, The early
gains took In Canadian Pacific, Louisville
n Nashville, st. Paul, several specialu's =,
including MInneapol $ q 81, Louis which
advanced 4 points, and the steel stocks
Later there were improved prices for BAL
tlmore Il Ohio. the Eries, New York Gem
trail, st, Louis \ san francisco issues and
was accompanied by reports that an early
announcement OF the much d scussed deal
prices reached "A higher level IN Tenne lsce
Coal, Colorado Fuel. consolidated Gas,
shares were weak throughout and Anal
! gamated copper was barely steady, though
making a fractional net gain.
The decline I'm sugar followed the opera
lions of a specialist who offered the stock
down in hand share lots. a feature of the
early afternoon was the sudden demand
Z ~ Y NJ W " ~ WV AhA' ~ NNHhA
from the large short interests, on fairy
large transactions the stock made a net
gain OF I points. closing AT the top. Mis-
souri, Pacific developed some strength by
! reason OF its statement OF Carnings VIII CHI
was one OF the most gratifying features
of the day. The hard coal stocks were
fairly strong. though not In active de-
mand, and st. Paul advanced on what
was reported 10 be inside buying. London
traded I'm about i2,OM shares here, buying
slightly on balances. The days business
was comparatively small and commission
houses continued to report absence Of pub
lac interest. Much OF the buying came
from the various pools and cliques that
were prominent on the short side up to a
few days ago, There was no change In the
foreign exchange situation, remand sterl-
on TO N.STs6 toward tho close. Very lit
tie business was reported. Money both Tor
time and demand loans was offered N
abundance. but the demand was again
only moderate. The increasing str, myth OF
the market during the day led To a more
general inquiry for numerous minor stocks,
which had not figured In the rally to an.
extent. These included Chicago Terminal
issues. Colorado Southern, issues, Lake
ether obscure properties, North American
made a jump OF points, but did not main
tain the full advance, ana several other
high grade stocks which have been re-
Gently liuuidated improved.
The bond market maintained a firm tone
t~hroughout the day, but was somewhat les,
active than on yesterday. Total sales
United states new Is and IS advanced u,
The following are the closing prices on
the New York Stock exchange: