Salt Lake Telegram | 1904-04-30 | Page 5 | Demand is Stagnant for Investments

DE'IAIID IS STAGNANT FOU INVEST' IEIiTS i NEW TORK. April SO. The stock market of the week haa been an almost nominal affair and the Investment demand de-mand for securities teems to be. stagnant. stag-nant. In spite of the redundant source of the money markets The week's heavy export of gold has been without effect on money. The hesitation In the market Is due. largely to the disfavor with which the large railroad note Issues Is-sues are received on account of the increased in-creased charges ahead of stocks- involved. in-volved. Declining railroad earnings, the slackness of current business, the moderate mod-erate crop prospects and the less favorable favor-able reports from the iron and steel trades have increased the disposition to embark capital. The Presidential election elec-tion la a growing factor toward conservatism.