Daily press. [volume] (Newport News, Va.) 1896-current, 1907-04-03
PROFESSIONALS NOW
CONTROL THE MARKET
The Result Was That The List Be.
came Very Dull and Trad
Ing Fell or.
HARTMAN STOCKS TAKE, TUMBLE
Reason For 1t Said to be Found in
RooscveIt's Vigorous Denial-Most
Notable Developments of the Day
Were in the Money Markets-The
Closing Quotations.
IBy Assoclntad Press,

NEW YORK, April 1.-THE stock
market was affected today by the
pace ut which the recovery has been
going from the extreme depression
of the first part of last week A
disposition to take profits on the re-
covery which has occurred coincident
with lessening inclination to buy
stocks. The sustaining movements
which have been apparent for several
days past were not entirely wild, how
ever, and the consequence was halt.
ing III the movement in prices which
testified TO the conflict of forces in
the market. The conflict relapsed
more and more into professional
hands and the operations increased in
dizziness. The measures of support in
the market were practically effective
against the unfavorable influence of
the fall in prices of London The ag.
gressive strength of few stocks had
result. 1T was from this level of the
market that the movement became
wavering and uncertain again.
Some attention was paid to the
course of the news from Washington
and some part of the heaviness in
the Hartman stocks was attributed
TO the sentimental effect OF the DO.
sition of antagonism between the
president and the head of that sys-
TEN revealed by publications during
the day The professed confidence
oil party i'll the speculation yester.
day that the Presidents utterance
on government policy markets WAS
not SO active factor in the situa-
ton. The most notable DEVELOPMENTS
OF the day were i'll the money mar.
kets. The relaxation there was mark.
ed and particularly here, while the
New York bankers secured $2,5OO,OO
OF gold in London. The effect was
noticeable on the sterling exchange
market here which rebounded even.
tually.
Salea of securities here for for.
eign account added to the demand
Tor foreign exchange. The days net
changes saw declines predomlnating
ana CLOSING tone of the market was
rather heavy. Bonds were more ben.
Gifted by the casing money market
ihan stocks and there was an appear.
ance of considerable absorptiye de.
mand at rising prices.
Total sales par value, s2,912.OOO.
United States bonds were unchanged
on call Total sales stocks, 1893, 400:
Copper 119,100; Smelling 81 500; SUI.
gar $500; Tobacco 200; Anaconda
2O,9O0; Atchison l3,4OO; A. G, L.
800; b. r. 7. 46,6OO; c. & o. 1900:
Il. q N. 1900; n. & w. 600; Penn.
syivania 46,5O0; Reading 1437OO;
Southern Railway 5000; Southern
hnliway pfd 600; Union Pacific 1885,
zoo; Steel 122,600; V. C. c. 900; Nor
thern Pacific 25.SOO Sloss.S Sheffield
loo; Great Northern pfd 26,5OO.
tsi!t-lgaihGtcd Copper .... g2Ss
american Car & Foundry. nm 35aa
american Car & Foundry pfd.. 97M
american Cotton Oil ........ 2DX.
american Cotton Old pfd 80. SO
icau ENpress ........... 200
american Hide IL Leather prd 90
American Ice *
American Ice Dfd
American Linsced Oil ........ 1iiA
american Linsecd Oil pfd go. rs
American Locomotive 6-z.
American Locomotive pfd ....125
American Smelling & Rcfi'ng. .122&
Am. Smelling e Refining pfd. 1861
American Sugar Refining. -. .125M
American Tobacco, pfd. ccrtif.. 9OX.
ANACONDA Mining Co 63X
Atciison OBSERVATION-DISCLOSURES. 95h
atchison pfd ............ 94h
Atlantic Coast Line 1902
| Baltimore & Ohio .. 49,
Baltimore e Ohio pfd BIZ
! Brooklyn Rapid Transit 5SM
| Canadian P>cifc ..174
| Central of Now Jersey ...1SO
| chesapeake e Ohio .... dO1a
| chicago d. Alton .
| Chicago e. Alton pfd ....
Chicago Great Western 13x
| Chicago & Northwestern .149
| Chicago, Mil. G. st. Paul 1879,
Chicago Terminal e. Trans. 5
Chicago Terminal & Trans pfd 10
O., c., c. & st. Louis ..... 69h
Colorado Fuel 4 Iron .... 35M
Colorado & Southern 25la
Colorado & South. 2nd pfd. :. Az
| Consolidated Gas .125k
Corn Products 19M
Corn Products .pfd ...... so
| Delaware & Hudson 1871
I Delaware. Lackawanna g. West. 46S
Denver C Rio Grande ....,... 29h
| Denver Rio Grande pfd ~. rs
Distillers' Securities 7Oh
/ Eric 2iai
Eiic' lst pa observation-disclosures. ??h
| Eric End pfd 40
| General Electric ...... Ids
Hooking Valley
/ Illinois Central
international Paper ..... Ii
international Paper pfd ...... 1875
international Pump .......... 26la