| Show S LAST Bull Efforts Are Entirely With Without out Success 1 THE MARKET IS HEAVY STEEL RAILS AMONG THE TH TO New York Feb 19 Ther was wis an n ele ment among amont the al ii operators on the stock tok exchange which worked tor a rally today en cn the theory that yester t day da s w largely due to opera A tor or the bear account and that the vigorous Vi support of the th market would these bears to oo ener er The maneu ver was entirely without esp clai ly in th early dealings but all of the tb markets market s strength was confined to a very lOW few stock and was not long maintained Business fell away to the point of s at tinus during the day shoW shoe ing no signs ot the recent large general or of the operations by large banking and financial interests which was wa i the e ne of the market for a long time Obviously non but protea professional operators were interested to any great extent ir It the days transactions There are too many dubious in the immediate future to have a on speculation which has been busy for or H a long time past in Discounting all ail the most favorable con considerations conS S that could be imagined and nd many ot which Have entirely failed to oc occur occur cur thus far Expectations continue on tiptoe of ot an official announcement of the terms terme of the steel merger which are almost 1 expected and yet it is evident that the cumbersome project may drag for a long longtime longtime time The steel stocks were all fever h hand and unsettled but generally weakened during the course of he day The money market wee was not violently disturbed but the tone continues to harden hardenA c A development may have bayS Im Important portent consequences was wa a recovery in discount rates In London in spite of tn the general supposition that the bank rate will be reduced this week Sterling ex exchange exI I change hardened in New Mew York on a de do demand mand inand for remittance by tomorrow s steamer The decision to close the stock ex exchange e change Thursday to Monday morn morning ing was an influence toward dullness T Delaware Hudson was wae erratic break breaking T ing violently 54 4 irom the top and closing with a net loss of 2 The were all notably weak wea declining from 1 to 2 and there were severe tosses in Great Northern preferred General Elec Electric Electrio trio and the smelting stocks besides thosa in the steel stocks There was an up upward ward turn in Sugar but It did not hold f Comparative firmness was shown ny y Union Pacific Illinois Central and for a time St Paul though that stock g aa v S Sway way at the lat There was large buying a again hi In Sout i rn rU bonds but they lost most of 0 their gain before the close and tue JS eral bond tot was wa reactionary Total Dt sakes Baes pet par value United States bonds were alt all unchanged on the last call Bond ond Quotations t S ref N l 1 Y O C lets r V S 33 93 ref N J C 2 gen gee coup N P a U 13 S Is r mg N 1 P 48 U S se t C A St StOre t ti U i S new regI L U S new 1 Ore Nay Nav io coup Ore Nay Nav V i S old oid O 0 S L i fe 1 U i S old Is O 0 S L 13 con 11 N A W con gee KS ul u S S e coUp R It u W sW DIs C 3 s 1 St L A L M MAtch Atch gnu gen con COR SS Aich Atch adi 45 Si Paul I II I Can S Si St P 1 C P 1 s C O 0 St P C k P Ph 6 liOS cv h o 0 oC M 12 S P 4 94 4 C A N con on gen fe En EnC ia C A N S sF F St L t S V deb eb So Rail be Chi Term Tet nt te 13 97 S R It A T to Ge Colo S 83 i 7 A P late 1 R G P Erie gen W WF L LF F W IV D C la In 3 h lets Gen j Wt Iowa Q lets 11 W 1 Shore Shone 4 L 1 N Uni Wis C lats 88 8 McK MrK T Vs Va Centuries M M K A T I Stock Quotations Atchison 55 11 Preferred T Preferred Bal Bul Ohio ft Wi W A L BL E U 13 can Pacific 89 9 Second pfd pM Can Southern 58 Wis Central Ches Chea A Ohio 40 Third Ave 1 Chi Great W 19 B A O 0 pta 87 C B Q i Net Nat Tube M Chi Ind A L 99 30 Preferred 1 18 S Preferred T Adams Ex Cht B Z Ills lil American Ex ix 18 Chi A States 58 C S RJ R L Jc P 14 C C C ft St L r Am Cot OH Oil Colo CoJo Southern 9 S Preferred 8 hI First pfd 44 4 Am An Malting 12 Second pfd t Preferred 34 Del Am S ft A R It tt Del L W WL V ls Preferred 94 1 L A R B G 0 a Am Spirits 1 I Ki Preferred 17 Erie XZ Am Steel H First pfd fd 63 t Preferred 83 Great N pfd Am An S A W 4 Hocking Coal IS 1 Preferred 95 Hocking Val 47 17 Am A Tin Plate CU Ills Central 13 97 Iowa Central 23 Am Jin Tob To jet coo Preferred 58 3 Preferred Lake E ik W n 41 AC M Co 43 Preferred L R 11 T 75 15 Lake Leke Snore Shore Cole Colo F A I 1 43 Lowe Louis A Nash 91 ii Con Tobacco Manhattan L 11 Preferred 9 Met St Ry 1 Federal Steel 48 Mexican Cent 1 C Preferred 34 Minn St A St L 73 Gen Preferred Glucose Sugar 8 Mo Pacific 8 83 H Preferred IP 7 tat Int Riper M K T 13 9 Preferred 71 Preferred 52 Gas Gaa 73 N J Central l a Nat Biscuit 37 X s Y Central Preferred N A W IV 49 Nat Lead i U Preferred 83 Preferred 8 No Pacific 3 Nat Steel 43 4 Preferred Preferred Ontario A W 31 N Y A H 13 O 0 r A N NPr No Amerie n Pr Preferred ferre 7 Pacific Coast K Pennsylvania 1 J First pfd Reading ao 10 Second pfd 93 2 pfd pM 71 Pacific Mali Mail 4 J Second pfd 41 People Gas 1 14 R IL G W i jj s S Car 39 38 Y Preferred 93 n Preferred o b t jK 1 S F 15 P m n P 4 First pfd PM 82 S R A T 1 Second pfd gd en 2 i St Sr L S west m 8 Preferred Preferred fi i C T i C A I St Paul M LT S Leather Preferred 18 Preferred 74 TN St P O US t s R ig So Pacific 44 Preferred 8 So Railway au Western Weser Union Preferred 74 Aroal Cop Con 8 Tex Pacific 20 26 R It i A M Union Pacific 94 14 Preferred m w a c DA 2 Preferred 88 P C C A St L su |
