Omaha daily bee., 1907-04-25
new YORR STOCKS AND BONDS
sOsnty Dealings Are Heavily oSursEtsd in
Two or 7hrSs Individual Securities
CROP SITUATION ADDS TO UNCERTAINTY
Gossip a. 60 what the President May
Say in HIS jamestown Address
f. One OF the Features OF
the Day.

NEW YORK, April A-The scanty deal
lngS In stocks today were heavily conRested
IN two or three Individual securities and
Ihe IDLE drift Of prices in the general list
seemed to be nothing more than apathetic
response to the movements OF this select
few which were upwards at first ana then
dOWnWards. II was not apparent that
conditions found reflection IN the days
dealings beyond the repressive influence
general uncertainty felt in the financial
world over the future course OF affairs As
an important factor in determining this
future Is recognized to be the outcome Of
the years crops the stock market shows
some sensitiveness to the shifting crop re-
ports, especially from the wheat crop Day
20 day news on this subject is regarded
as inconclusive in the determination Of the
mai success or failure OF the crop, but
diuons OF weather for the crop adds to
the general feeling Of uncertainty over
the whole business.
The lack OF decided response in the stock
market TO the downward tendency Of money
rates, which has now become Worldwide
deprives the advocates OF higher prices
Of one Of their main sources of reliance FOR
bringing about a recovery In stocks and
a revival Of demand for them and for
poh1s' Inc easier conditions for money,
IN taot, are owing In large part to the
liquidation Of securities which has taken
place and the question Is left open whether
euectiVe ease OF money could be main
talned II resources were to be replaced
IN stock holdings. On the side Of foreign
markets, especially, the question has fea-
expected that the Bank Of England, and
Rrooably the Bank Of France, will follow
the imperial Bank Of Germany I'm reducing
their official discount rates this week The
ran IN money rates all over Europe is pro-
nounced' yet the market for foreign ex-
| chanse IN New York has continued con-
spicuously strong and rates here advanced
IN a way which gives rise to discussion
OF probable outward movement OF gold
The demand for remittance from New
iork raises the question whether Europe
mas attained ease OF money by liquidation
ls being made through the medium Of the
exchange market How far the railroad
s aSTe issues supposed to have been placed
subject of interest and Importance in
9etermining the situation. factor in the
foreign influences on the stock market
today also WIS the substance Of the mill
Iary estimates of the German government
ana Ihe character OF the remarks of the
most part, however, the DAYS Influences
were confined to special movements. Very
G nis6se insaiVidgal transactions in Union Pa
S zinc lett opinion divided as to whether
| ~ aIionS intended to further accumula-
Gon or distribution were going on. The
SoPsba ' sboSl,rsnL the stock was Of fa-
soon 70 De forthcoming and OF a rurnored
stocl,S SG{ an s.hy 20 take over holdings of
tTipuuon OF stock in the holding conpaD MES
! 20 &c made TO Union Pacific stockhoIders
/ IN Lhe form Of a bonus
The supposed complexion Of the ,ro.,
tTSe a speech to be made at the opening on
ome Jamestown exposition was much dis-
for suggestions OF BOSNIA &c
SRn rter In the address The late Break IN
1ouse at Albany to compel scent fa zee 81 20
| S1ss Island. The weakness at the closing
| Rop ~ synpathy with this movement.
| Nd POnoS were firm, but dull. Total saIes
were unchanged on call. 'eS Oohos
| on stocks were: puOtduons