Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-02-06
NEW YORK STOCKS ANDBONDS
Signs Of Improvement 10 the Market
Encourage Habitual Operators
OTHER sPEcULATORs INCLINE HESITATE
Belief that More LiauidatiOn f. sure
60 Occur Depresses Many Issues
Small Lots Bought for
Investment.

NEW YORK, Feb. B.-There were signs
OF Improvement In the stock market and
OF the market speculative sentiment among
depressed.
sentiment Is accepted IL due to the conflict
with usual presidents in the present action
Of the market as a prelude to an extended
without material rally since the first of the
year ana with gradual growth of resistance
and lapse into dullness Usually the
progress OF decline occurs at a stage
where the taking OF margins, the coverings
Of stop-loss orders and the WEAKNESS OF
n,seours a holders brings out a food Of
which watchful professional operators on
the short side take advantage of to cover
eoSay sn spdds1 ray mus sp ma s an
quence Of events that the period of dullness
and waiting Is expected, which precluded
ment In either direction. There has been
no such eliminating break in the recent
market following the steady although at
violent rally to indicate the effectual con-
clusion OF the speculative campaign of the
bears The attitude maintained by the pro-
fesstonal trading element towards the evil
dence of Improvement in the market Is
based on this theory OF market movements.
liquidation in the market yesterday and to.
day In special stocks, which helped to keep
alive the misgiving that important selling
~ shoSh IeuldAl5 W DC eueCleu. IN occurred
IN Great Northern today and weakened
that stock materially in spite Of the
stronger tendency Of the general market.
The special depression OF Pennsylvania yes
terday was explained by the news this
morning OF differences over a demand for
wage increase from the trainmen east OF
PittsburR
The most important element Of the i'm
proved tone of the market 10 the evidence
Is especially conspicuous in the buying out
right OF stocks In small parcels for the
investment yield. The matter was brought
TO attention by the action of the Stock
exchange authorities In ordering the re-
sumption of the printing of transactions in
| odd lots" on the tape. This practice was
abandoned at the time Of furious specua-
| possibility to record all the transactions.
It's resumption now is a sign In one point
! OF view In the diminished volume of the
market, but more Significance is attached
| to the fact that the number Of purchases
| OF small lots has become so considerable
| that their desire to follow an official record
| OF their purchases has Influenced the Stock
exchange authorities to comply.
Foreign opinion towards American securi-
| ties is being extensively ,canvassed and
| enough Of favorable tenor is elected to
] suggest the possible growth of foreign
I demand for American securities to follow
the present acceptance for considerable por-
| tons OF recent railroad note issues.
The dullness of the trading was partly
| due TO the large list OF absentees, due to
the storm interruption of traffic.
/ Bonds were steady Total sales par value
! 81, 100000. United States bonds were steady
The following was the range Of prices on
the New York Stock exchange:
! SALES. Hish. Low cIos.