Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-04-14
NEW YORK STOCKS AND BONDS
Exchange Kept Open to Allow Traders to
Arrange Loans Until Monday,
MARKET IS DULL ANO NOMINAL
Foreign Exchanges Were closed and
Many Brokers Left the city
Thursday TO Remain
Until Monday.

NEW YORK, April 1s.-Today's stock
market was not much more than nominal.
The departure from the custom of keep
ing the stock exchange open on Good
Friday was not allowed to Interfere with
the holiday OF many members, who left
Wall street district last night to remain
until next Monday. The attendance, there
fore, was small and the dealings were
left In the hands Of habitual traders, who
found the usual difficulty in making things
so In n market of those restricted limits.
The exchanges for other commodities were
Tuesday. The New York stock exchange
was almost completely isolated from live
contact with the worlds markets. Under
these circumstances there was no DISPOSE
ton to take any important steps in the
market. The holdings OF the session was
designed In fact almost exclusively to ar
range outstanding call loans, which carry
over until Monday. The fear of attempts
Until ar9h6 Tans 70 S garry S Syep
necessary in the event Of observing the
holiday, was what prompted the opening
of the exchange for trading today. The
arrangement Of loans was concluded at
an early hour and was followed by the de-
parture Of many brokers, leaving the mar
The easier tone Of the money market
gave rise to feeling OF confidence that
yesterdays bank statement would show
the deficit in the reserve below the legal
requirements made up. This was the
ground underlying the firm tone in the
stock market Special strength in one of
the two individual stocks helped to sus-
tain the market Amalgamated Copper
rose on reiterated rumors Of intended div
dend increase. The ground taken by the
parties to the coal labor controversy that
further confidence was in order, kept alive
hopeful sentiment for a settlement
which was reflected In the strength OF
Reading, The weakness of Baltimore 4
Ohio was an example of the small relish
for additional capital issues in the present
temper of Wall street and the condition of
the money market The preferred stock of
the company, however, which shared in
the subscription privileges but not in the
added liability to claims on the surplus for
the banks with the subtreasury have
nearly balanced on the week, while the
known movements of money to the inter-
Tor have yielded I'm the neighborhood of
81 10000 to New York. This estimate pre-
sumably includes gold received from Can
adian sources. Stock market liquidation
and the transfer Of loans from New York
banks have operated to relieve the loan
account of the New York banks. How far
these factors may have been offset by the
new demand for credits upon the New
York banks will require the official bank
statement to determine. But the easier
tone of the money maket today indicated
the restoration of a surplus in the reserves.
the highest level of yesterday but be
came steady again and gave no indication
of falling again to the gold import level.
The market closed with some show OF
strength and activity and at the best prices
of the day.
Bonds were irregular, Total sales par
value, S255O,O00. United States bonds were
all unchanged on call.
The following was the range of prices on
the New York Stock exchange: