Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-22
NEW YORK STOCKSAND BONDS
Trading is stagnant and Aggrsgats Of
Dealings Lowest for Many Days
MONEY CONTINUES EASY AND DULL
Dull and LifeIess Character Of
the Market Continues All
Day and Close is
Heavy.

NEW YORK, May A.-The staRnation OF
the trauins On stocks To-Day was almost
compete az tunes ana ueanngs ieil 10 me
smallest aggregate for any CAV TINS wear
professional room. traders auoweo them.
selves to become discouraged over the n Z.
slplhtles OF prontaple operations in view OF
the protounu neglect OIL the market by the
general pubic and their operations were
conhned 10 small proportions What little
speculative interest tnere was among the
chronic traders was largely diverted Ia I No
uay taVorlte sporting event which was
the subject Of more discussion and APP
parenlly as much financing as any market
The only stocks in which appreciatIve
movements were achieved were in special-
ties subject to Individual causes These
causes were OF the slightest enect on the
general list, which drifted aimlessly in one
direction and then the other, or with slug
BlSn price currents running in opposite OIL
ebullttton on the hign-priced anthracite
coalers of a kind familiar IN that quarter
OF the stock list. This was In response to
proclamation from highly successful
Spectator in that group OF SOCKS OF ms
estimate of probable future prices 10 De
touched by these stocks. Distillers' Securi-
ties rose on the reports Of prospects for
the enactment Of the free alcohol bill.
American Locomotive was effected by ru-
mors in circulation OF a possible merger
with the General Electric company. These
are the principal examples Of the market 6
features. The general tone, so far as IL
was discerniDle at all, was ratner heavy,
as is almost inevitably the case in a market
OF such limited demand for stocks. Penn
sylvania stock was apparently in good sup
ply and the course Of the investigation of
that company and its heavy borrowing kent
II under some degree of pressure.
The money market continued easy and
was dull, the principal inquiry being for
funds carrying over the end of the year
While per cent was reported bid for this
maturity, money brokers reported that the
most of the business was done at per
cent Transfers to San Francisco through
the sub-treasury again amounted to over
expected to be made in the wrecked city by
the middle of this week, this movement Is
not expected to run much further and an
early return movement is looked for when
the banks have opened and satisfied the de-
mands of depositors. London discounts
England secured the supplies of gold avail
able in the London Market. The move
ment Of sterling exchange in New York
did not point to any early resumption of
the gold import movement There were
sharp reactions in the London markets
for copper and tin and the copper group
of securities felt some sympathetic effect
owing to the extent TO which the rise In
the metals has affected the speculation in
the stocks of that group. The wheat mar
based on the dry weather in the crop re-
gions. but this was of small influence in the
stock market. Railroad traflc officials
serted that mercantile activity In their ter
ritories indicated a spirit of confidence in
the crop outlook. The dull and lfeless
closing.
Bonds were heavy. Total sales, par value,
81, $4,000 United States bonds were un-
changed on CALL
The following was the range OF prices on
the New York Stock exchange:
Eal