Omaha daily bee., 1906-09-27
NEW YORESTOCKSASD BONDS
Current Of tn, Market is Generally Slug,
gish and Lstlets.
GENERAL DECLINE AFTER SLIGHT ApvANct
Prospective Tightness In MONEY still
the Leading Feature OF the
News-Bonds Are
Irregular.

NEW YORK, Sept @.-Prlce movements
time in the days stock market and for the
and listless. with a disposition to cling
about last nights level When there was
any show Of mobility movements were ex-
ceedlngly Facilitating and uncertain, the
level OF prices showing the same tendency
to return to last nights level. At one time
during the day there was a fair average
OF gains scattered through the list. but
from that leYel prices plunged to a general
decline. 1t was difficult to trace the fac
tors in all these movements. A general air
of doubt and OF waiting for enlightenment
was ,perceptible In the neighborhOod OF the
STOCK exchange.
A large amount Of attention was given to
the political party conventions at Buffalo
and Saratoga. and traders In stocks were
likely to be Influenced In their operations by
their Interpretation of events as making
for or against the growth OF "socialistic
tendencies towards capital" There was
some further special pressure against the
New York public utilities on supposition
that the welfare of these corporations is
especially concerned In the future as 1t is
being shaped by the political campaign.
An early call money rate of per cent also
proved disbursement to speculative
marked the beginning of the pinch of the
preparations for the October settlements
velopm ne the osfI loen rate failing back
before the active money lending Of the
day was concluded. Not only was the call
Gladly easier tone prevailed for time loans,
and additional supplies were offered in that
market. There has been some money with
held from the call loan market waiting for
rise In the rate to a designated figure. 1t
is believed that the failure of call loan
rates to advance has prompted placing
some money thus held In the time loan
market Yesterday was the last day for
payment of subscriptions to half the con-
templated Issue of St. Paul stock, calling
for about SO, 100000, and the completion OF
arrangements for the payment may have
released some money. An announcement
gold for Import also helped the money
market, as 1t was feared that the dwindiing
proportions Of the movement lately had
reached the vanishing point. The foreign
exchange market eased off to some extent
the open market in London. This leaves
the open market rate above the oncial
rate OF the bank, but there Is less expecta,
ton that the bank VIII advance It's otnc nIsa
from New York to the Interior espe.
cially by the indirect method OF payment
OF revenue at interior points by drafts on
New York This helps to account Tor the
local banks, which amount to T,HloO
since the last bank statement Included In
| this Is upwards OF A.0oooe0 In return OF
| government deposits against gold engaged
| bursed by receipt of the foreign gold. The
course OF events In Cuba had q share In
| the unsettlement OF the market from time
| to time. The markets uncertain huetua-
| to the best Of the day In the final hour
and then running on again with an easy
Bonds were irregular. Total sales, par
United States bonds were unchanged on
The following was the range OF prices on
| the New York Stock exchange: