Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-03-28
Renewed improving Tendencies
on Change Today.
COAL STOCKS VERY FIRM
London Market Reflected Favorable
Conditions.
MOVEMENTS IN SPECIALTIES
Substantial Advances in the Railway
List-Copper Stocks Were Fairly
Active-Erie Prominent.

| Special Dispatch to The Star.
| NEW YORK. March 2s.-In today's stock
| market the improving tendencies which
| have been apparent for a week past. but
which were interrupted yesterday were re-
sumed AS the case then. dispatcehs
| from indianapolis setting forth the various
| shifts in the negotiations in progress there
| relating to the wage question In the coal
/ fields furnished the chief topic OF discus
sion. 1t could hardly be said that the In
] telligence which came to hand was either
| stimulating or decisive. 1t Is now assumed
| that the controversy in the anthracite coal
| district will be protracted until the dispute
| in the bituminous country Is settled
way or another. and the anthracite coal
| stocks were decidedly firm in today's deal
| ings.
Apart from such information as was re-
| ceived respecting the labor situation IN the
| coal regions, there was little real news re-
| lating to the general market or to partjeu
| lar stocks. The London stock market was
! strong. rejecting both the apparent favor
| able conclusion Of the Moroccan conference
and expectations that there would be an
| early reduction in the Bank of Eng!ands
rate of discount Operations here for for
| eign account, however fell again to small
! dimensions In comparison with yesterdays
| large transactions. although they We're
again mostly upon the buying side. Con-
/ siderable uneasiness was evident with re-
gard to the course of the money market
| during the remainder OF the week al
| though today's rates for call loans furnish
| ed little ground for disquietude.
Certain Specialties Active.
| Foreign exchange conditions were little
| altered. and there nothing more learn
| ed with regard to the rumored importations
| of gold from Germany. During the morn
| ing market movements were confined MAIN
| ly to certain specialties, but in the after
noon there was a substantial broadening in
| interest and a great increase in activity.
The greater activity in the bond market
| was an interesting feature of the days
| was decidedly strong. The Georgia Central
| income issues again displayed the strong
| tendencies which have long chara ct eriZed
! the dealings IN those securities. all of them.
| in fact, advancing to high record
| figures.
There was little to be said in connection
| with the movement in these bonds. except
| that the property has now demonstrated an
| earning capacity which assures the pay
ment Of the full per cent interest to
which all classes of the income bonds are
| entitled.
| That being the case, it is not probable
that the holders of the bonds Will receive
with enthusiasm the proposal that they ac-
| cept in exchange a fixed interest bearing
| bond at a lower rate of interest Substan-
| tial advances were shown throughout the
| railway list, the Industrial and miscela-
| neous shares, and Brooklyn Rapid Transit
| was one of the strongest and most active
| stocks of the whole market.