Show MARKET NARROW AND rAND SLUGGISH Special Stocks Were Aggressively 1 Strong I DEMAND FOR UNION PACIFIC ATCHISON ATCHIS N GOT THE BENEFIT OF OFA OFA OFA A RUMOR New York April 10 A handful of stocks were ele aggressively ely strong in to toda days da s market mall et but their theil sympathetic in influence influence fluence on the tile rest of the list was mod moderate moderate erate crate The spotty upward movements served to over om to a large extent the positive weakness which nh leh showed during the first hour of trading but the amount of interest in the tile market palpably declined from that manifest manifested ed lust week The movement became sluggish and arid narrow and the volume of dealings fell off considerably and weak weakness weakness ness was wa va renewed in the late lute market The explanation of the most con conservative attitude of the speculation I was not very y ry clear The sudden and antI easy reaction of Saturday however caused some misgivings over the spec speculative speculative lathe situation and these were not entirely overcome by b the inviting ad advance advance vance ance In the time few strong trong active stocks tocks The Northern Securities S ease again as ns assumed a dominant position in the lays days s market the impelling cause being the time jump in that stock itself on the curb to a new high record r cord of 34 At the time same time Great Northern preferred on the time exchange shot almot tip imp u to a new rec record record price at These movements stimulated an nn active demand for Union Pacific and again lessened the tide of rumors regarding that property and antI the projects of the tIme powers in control of It to be b furthered by b the preferred stock tock Increase inc ease The immediate cause of the movement in Northern Securities itself was the circulation of a rumor that a liberal cash dividend would be distributed in connection with the redistribution of 01 assets of the corporation This rumor was denied The days da favorite forum form or 0 r the sup supposed supposed supposed posed Union Pacific project was as the purchase of a controlling interest In Atchison and that stock was bene flied accordingly St Paul moved as usual In sympathy New YorK Central and the Northwestern stocks on the contrary were rather heavy heaY There was vas a striking movement also In Amal Amalgamated Copper r on vague intimations of a proposed increase in tim the dividend rate I te This proved less effective on sen sentiment sentiment towards the general list than did last weeks wide movement in Unit United United United ed States Steel preferred That stock was waR under restraint today with free feeding of the HIt demand demantI ver the price approached the closing level leel of last week Reading made some special special cial ciul show of strength in company compan with Delaware Hudson bu the move movement movement movement ment did not extend further In the group group of o Conjecture was wag busy b s u ng the trie day da over oer the time condition to be shown by the government report of the time winter wheat crop The report was not published during the hours of trading but exper expectation tation was very confident of its favor favorable favorable favorable able character charnett r owing to the high condi condition tion reported recently by of the time different states This was an in influence influence fluence in iii keeping down rue price of wheat heat as it was of holding up the price of the granger ranger stocks It is not improbable however that the desire to see the official figures had its influence in prompting the waiting attitude of the trading and caused some selling of stocks here for for foreign foreign eign account on any an advance adanee Foreign exchange ex hange made matIe another ad adamid and amid loaned on call can again at 4 per cent The days rather laborious and uneven strength was unconvincing to senti sentiment sentiment sentiment ment and gave place to an abrupt re reaction reaction action in the last half hour The un umi loading of stocks was supposed to be flue Due in part vart to the time unsettlement in the Chicago wheat market The closing was irregular Bonds were ere about steady tead Total sales par value United bonds were all un unchanged unchanged Unchanged changed on call caB |