Show BULLS REGAIN 1 THE CONTROL oi MARKET Everything and Serene on oll New York Exchange AB l MARKED UP r EX EXCITEMENT OF DAY BEFORE 4 Now York April 9 An astonishing mutation of speculative sentiment was demonstrated by the action of the stock market today There was not a sign of 01 the distress and acute anxiety under which the market labored all au day yester yesterday yesterday day It is the almost invariable rule that such a violent break in prices as that of yesterday brings In over night an accumulation lation of selling orders from alarmed holders of stock who wait for daily re reports reports ports for their information on the stock market but the opening this morning was unruffled with no atit pressure to sell and with many nota notable ble blo advances induced by the demand of the shorts to te cover Before the day seas over the bull lead leaders ers era had recovered their full control of the situation and were marking un up prices and attracting large followings with nil all the facility which has bps characterized their operations for many weeks past There was very palpable there were carefully organized operations to support the market Commission houses which were prominent in bidding up stocks and which have acted for large larse speculative interests all aJI through the re recent recent cent bull campaign were wee free tenders of money below tile the rate offered by the banks at the same time that they were buying tocks stocks The Tha rumor of the Burlington deal was and had apparently not lost any of its force forc although official con confirmation conspicuously lacking There was revived credulity in many ther rumors which have done good service including that of the sup supposed posed readjustment of General capital and the southwestern merger The settlement of the Internal dissensions In the American Smelting company the advance in the price of re refined refined fined sugar and the absence of any en engagements engagements ld for export by tomor tomorrows tomorrows rows steamer were all used with effect by the bulls Advances reached 6 points paints in Burling ton and Rock Island and Northwestern 3 in Ia Northern Pacific 4 In Texas Pacific 4 in Chicago Eastern Illinois in Consolidated Gas 4 In Amalgamated Copper Sugar 2 United hailed States State Express 61 Rubber 4 preferred 84 and the ma maJority majority of the principal active stocks from 1 1 to 2 points Only In one or two cases were the gains fully maintained reactions running front from 1 to 2 but the market was vigorously supported again and the lose close wa waa Irregular S The pressure of was not notably heavy even at the advances Ap Apparently the speculative holders of stocks were vere determined to hold for a further rise unless they were forced into tion by calling of loans or by wiping Pout out of margins There was much less calling of loans today than yesterday and this titis called attention to several causes for special pressure In yesterdays yester lays money market clearing house statement dis disclosed disclosed closed the enormous total of exchanges ot which is Over oer In ex excess excess cess of the largest previous days record in the history of the clearing house The general activity of tint stock market yes yesterday had to do with this but the settlement growing out of the clear clearances clearances ances in the contracts to deliver the United States Steel stocks when was a special factor The easier money in London today less leits lessened cued ened the thu demand for and the rate for sterling yielded oi a fraction Yes Yesterdays Yesterdays heavy liquidation also caused some natural relief to the money mar market market ket There was a suspicion that yesterdays Violent relapse winked ST lIt If pot connived in by bull leaders either to enable theta them to get In at the or to out a weak following and relieve the condition of The bond market was active and Ir irregular regular Total sales 3 United States old coupon advanced 4 per cent centon centon on the last call |