New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-01-09
Saturday. January S-p. m

Saturday January S-p. m
Transactions IN the two hours OF trading 20
day amounted 70 the large total OF --'l"'
shares. including 1l9 separate issues ana 4"
bonds 70 the par value Of S22iOV" lnc'uul"s
1ol different issues. Prices were strong ana au-
yancing despite realizing sales. and aI'housH
selling Of this character was prohoun'eu III
the last hour OF business. net gains were gen
eral throughout the list. Commission
were liberal buyers. Important DUH "'e'eS'
were active throughout the list and sentiment
was overw helmingly bush In all parts oi " ai'
Street Traders say that If the bull movement
continues over Monday II VIII run on TOT SUN"
time. and the majority Of traders are u'Spose'
10 believe that prices will surely go hishe' d.
the opening Of the week. There - soi1u reae0"
for such belief. because the developments OF 'n'
last three days in stocks and bonds inulca'e ''.0
revival Of investment and speculative ue'''""u
The market has been waiting FOR TINS ue''".'
Underlying conditions governing the rea' 'a'-o
OF securities have been promising lor '"e
time Investors and operators IN STOCKS "''e''
kept away from the market until al C"a''0e "
money stringency had passed Now theS a'0
apparently convinced that the time Is ripe '0'
stock operations, and II any doubts exist %
this point careful perusal or the oe'A''N
,r,,sa,,,ons ia recommended. Legitimate buy-
mo "a eoinp on The public is In the market
again. and barring accidents. II VIII prooa0"
remain in the market for some little 'ii'e "
oo,,a Viewing the transactions OF the last Re"
DAVIS on the Stock Exchange. II is absolutely
,rnos.,b,e TO see any ENCOURAGEMENT for the
gentlemen OF bearsh proclivites.
The buying OF the stocks 81 the soft-co1i
roads. particularly OF Cleveland Loran ana
Wheeling. reflects the improvement In tho d.
luminous coal district and plans when A''
making for the complete restoration OF rS'e'
and the speedy carrying out OF reorganIaeo"
plans now under way An agreement mas Oe'"
formed by the soft-coal roads 10 maintain ta'es'
and Il is said on authority that cannot ne -,
TONED that Mr.. Morgan has explicitly toIu III.
soft-coal interests that unless the agreenel.
is maintained his help In financing inc IOa
UNDERGOING reorganization VIII he wlthui ~ w..
In tho PIttsburg district an agreement mas JuS1
been drawn up and is now being circulated ~.
signatures among the operators IL was TO-" NJ,
to-day that the non-union miners II, 'no 49,
Nirglnla district were being orsanlzvu an sei
on the completion OF this work all the soi.,.0a.
mining would be done by union hands AZ 80
these facts are important. as alFeauy lN''a
in the soft coal stocks. and when inc iis.' "a
ment in the soft-coal business oeSo' u.s., .su
generally known soft-coal stocks VIII HHely ~ s
much higher The passing OF the eent,S s ~ - ,hs
Susauehanna and Western into the naiiu ,,an,ng
Erie IL another step forward In sirens The
the position OF the anthracite-coal trade, -" a.,
outlook for the soft and hard coal rosus
more promising than at any time j" se'e'
A highly encouraging feature OF the m' We.
ment in stocks to-day was continuation vi VI
demand noted yesterday FOR high class .n.sSi
ment Issues like New-york CehtraI' ah"rc
yania Northwest Illinois Cerual, IaAo srss
and Michigan Central. All the grange. sns nrs,
western Union and United states Learner t,,rss.
ferred were exceptionally strong iea'u