The New York herald., 1851-11-20
NJ ON ~ NJ A II X f II .

WEDNESDAY. Nov. 1916 p. NJ
The stock market considerably excited to-day by
the movements in Erie Railroad. There quite
contest among the long, and the and the long,
carried their point Prices however very feverh
1t would lot surprise to reaction to
that would carry prices far the back track Hold
at the present prices doubt anxious to get
rid Of the stock but they afraid to put much the
market at The higher this, or any other fancy
stock goes the more sellers appear and those who
engaged in the corner are compelled to take all that
offers prices Dozens Of sellers Of Erie will
forward at ninety who would not have been heard
OF at eighty and up until the spectators In the
street will have to let the stock take ofi.sef To
sustain prices take all that offers II the purchasers at
present prices carry all they have and wih to keep
it as permanent investment it may be well enough If
they not particular about dividends but in the
event Of their desiring to sell and much stock should
upon the market. then shall see the beginning
OF the end 1t will then be that there is some
difference between buying and selling II easy enough
TO purchase fancy stocks The entire capital Of every
company on the l,t be bought at price but 4.
would be extremely difficult to sell small portion
Of the capital without deprecisng prices Eve ten aud
fifteen per cent We have known but one resul.
follow all these combinations. Farmers Loan is H.
lustrstion Of the ultimate effect q such movement.
The great strength Of all incorporated companies in
the Distribution Of the The greater the number
Of foekhoder the better for the interests Of the com
pany.
Tie variations in quotations for stocks to-day were
trihing except in Erie Al the fret board Erie Railroad
advanced la per cent Harlem, Reading Railroad
Norwich and Worcester, =; Erie Convertible "A New
Jsr,ey Zinc Company declined per cent At the
cond board Erie Convertible up . per cent Read.
ing Railroad 8, Harlem. d. Norwich and Worcester
fell of a per cent Canton Company and Erie. S.
The fluctuations in prices from day day, show how
fsverh the market IT, and operators cannot depend on
IL for moment.
The steamship Africa from Liverpool brings four da-
ster intelligence nom Europe. The most Favorable
Item of news is the improvement the cotton market
Quotations had not materially advanced but there was
= better feeling among operators The comm.rcial ae
counts otherwise nc. important. Money was daily
becoming more abundant Quotations for stocks we're
moving upwsfj and large amount Of capital was seek.
irs investment Tie rates Of interest ruled very low
W. are requested by Messr. Genin and Loo kwood to
state that they have no such outstanding Indebtedness
a. that mentioned among the assets Of the People Ban
Of Paterson.
The steamship Canada fer Liverpool to-day carried
out ore million two hundred and ninety-fre thousand
nine hundred and sptwo dollars In specie Thi, IL
the largest amount carried out By any ole seamer and
.wes the aggregate for the year largely The Baltic.
Saturday viii take out nearly million This total ship.
ments for the week will exceed two ilicn of dollars
just about equal TO the receipts from California This
keeps up healthy activity In the movement. q specie
The Bowery Insurance Company hss Geclsrea A semi
annual difidend o. ten per cent
Receipts at the flee Of the Assistant Treasury II
this pert today, amc united 20 SOC O30 payments S1.
825 52-balsnce - q 1855 So There will BE- suppv or
three cent coins for exchange az the Treasurers oce
the Goth inst
communication relative to the right OF railroad com
pahies in this state 20 subscribe 20 the cap stock of 70
reign railroad com anief viii b. found in another coumr