Show i Stocks at London New York June 2Eiefliflg Posts London I Lon-don financial cablegram The stock markets mar-kets here were less active today but of a I firm tone The reduction of Y to 3 percent per-cent In the discount rate of the Bank of I England had little effect on the seneml markets The timidity of operators was ti 1j I ra evidence by a small rush to realize i this morning simply because New York I j prices were a little easer New York however t r1I all the stock offered and prices closed strong at the best The 1 lst New York buying of bonds was f phenomenally I phe-nomenally large the run being chiefly on F Atchison Union Pacific and Northern Pa cfic preferred There was a further sharp rise hi Brazils exchange being at 714 Spanish 4s were better The Spanish gold premium Is S and the position of the Bank of Spain Is believed to be desperate Spanish orders for silver are very heavy It Is believed that the operation is financed financ-ed by Paris bankers Money Is very cheap > nd over 2000000 In Japanese money i to be realized tomorrow |