Daily press. [volume] (Newport News, Va.) 1896-current, 1905-04-11
Handful Of Stocks AggressiyeIy
Strong In Market
POSITIVE Weakness SHOWN
Amount Of Interest In the Market Palp.
ably acknowledgement Sluggish
and Marrow and Volume of Dealings
Fell OFF Considerably.
(BY Associated prcsa.l

tpf AsbOciatcQ EFeS9D
NEW YORK, April 10.-A handful
oi stocks were progressively strong in
lnday's market, but their sympathetic
influence on the rest OF the list was
moderate The upward movement
served 10 overcome to a large extent
tho positive weakness which showed
during the first hour Of the trading.
hut the amount OF interest in tho mar.
kct palpably declined from that mani
Tested last week
The movement became sluggish and
narrow and the volume of dealings fell
OF considerably and weakness was re-
ncwc,l in the late market.
rho -Northorn Securities situation
again assumed a dominating position
in the days market, tho impclling
cause being the jump in the stock it.
self OH The curb to new high record
nf 1863 ia. At the same time Great
Northern, preferred, on the Stock En-
change shot up to record price at
323
Union Pacific Active.
These movements stimulated an ac-
tive demand for Union Pacific and
again lcsscnctl the tile of rumors re-
;;arding that property and the far.
reaching projects of those IN control
Of II. To be furthcred by the $1,000 00,-
600 preferred stock increase. The i'm
mediate cause of the movement in
Northern Securities was the circula.
ton of a rumor that liberal cash
dividend would be distributed in con-
ncction with tho redistribution of the
assets OF the corporation. This rumor
was denied.
The days favorite form of the sup
port Of the Union Pacific project was
the purchase OF controlling interest
III AtchisOn and that stock was benc.
fitted accordingly. ST. Paul moved MS
usual. In sympathy. New York Central
and the Northwestern stocks, on the
contrary. were rather heavy. There
was striking movement also In Anal
gamated Copper on vague intimatlons
Of proposed increase in the dlvl-
dcnd rate. Reading made some spc-
cial show Of strength in company with
Delaware & Hudson, but the move
mcnt did not extend further In the
group Of cOalcrs.
conieeture,s Busy Day.
Conjecture was busy during the day
over the condition to be shoyn by
the government report of winter wheat
crop. Tho report was not published
during the hours of trading, but eX-
pcctation was very confident of its
favorable character. This was an in
tlucncc in keeping down the price Of
wheat as ii was of holding up the price
of tho granger railroad stocks. 1t is
not improbable, however, that tho tic.
sire To sec the official figures had its
influence in prompting the waiting at.
titudc Of the traffic trading.
The expectation of an early sen light
in The East was clearly all influence in
the same direction. and caused some
selling of stock here for foreign ac-
count ON any advances. Foreign en-
change made another advance. Money
continued rather firm and loaned on
call again ut per cent. The days
rather laborious and uneven strength
was unconvlncinS to sentiment and
gave place to an abrupt reaction in The
last half hour The unloading Of
stocks was supposed to he due In part
TO unSCttlcmcnt. In the Chicago mar
kci. The closing was irregular.
Bonds were about steady. Total
sales par value. $3,700.0O0. U. s..
lomls were all unchanged OH call
Totals sales Of stocks today. 1917 100
shares. Closing prices:
Atchisun ......... ...... -. 50 III
Atchison pfi ......... 49,. 102 l2
Atlantic Coast Line ......... l4S II
baltimore G. Ohio ,........... 100 IA
Baltimore & Ohio pfd ........ 95 1.2
Canadian Pacific ~. $50. 151 3-8
Central OF New Jersey -. !. POP
Chesapeake & Ohio ...... -. 81 IA
IL e. A