The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-10-24
THE WORLDS MARKETS
Daily Record of Commercial and
Financial Transactions.
NEW YORK STOCK REPORT
Digest OF Exchange News-Mining Stocks.
Metal Quotations-Wool Prices and
Movements-Grain and Pro-
duce-Review of Trade.

New York, Oct. 2s-The market gave
convincing evidence to-day of a sub
stantial growth of bull sentiment in Wall
pearance of animation than at any time
since the violent downward course of
Snrlces VIXEN the money situation first
began to awaken anxiety. Dealings were
Z very well distributed in almost every de-
'partment of the security market.
Handsome gains in prices We're achieved
in many prominent stocks and in large
number of cases the last prices were the
best. In other cases Drotit-taking made
, notable inroads upon the days highest
Z prices and some effort was obvious in
sustaining the market in the closing deal
ings. it was noticeable feature of the
market also that while number of mem
bers of . distinctive group of stocks
I, would show great strength and activity,
other members of the same group. SEEM
ingly dependent on the same influences,
would remain almost immovable. Thus,
while Louisville and the Norfolk stocks
advanced vigorously, other conspicuous
Southern lines of railroads were unaf-
fected. Again. while the grangers also
as a rule We're strong and active, North
westerns scarcely moved. ana the Pa
cfic stocks, including Southern Pacific.
showed very slight response to the pre-
vailing strength. The New York. Chicago
& ST. Louis stocks We're subjected to rath-
er apathetic management, the first pre-
ferred rising an extreme eight points
and the second preferred six points. New
York Central was also vigorously bulled
to q maximum price Of lao. The hign-
priced sDecialties. including Sugar, To-
bacco. Peoples Gas and the local trac-
ton stocks. were all quite aggressively
strong.
The largest activity was in the leather
Stp nd he h,t>r in i'm
ued until the close, the common crossing
10 and the preferred touching 81. This
enumeration includes the most conspicu-
Gus instances of strength. There was at
the same time notable backward move
ment in Pullman, Laclede Gas and Ana
conda which showed net declines re-
spectively of y, and points.
Glucose sugar dropped three points in
spite of the strength of the common
stock How far the days strength was
due to covering by the short interest.
which common cl-edence places a still
larger proportions it would be difficult
TO say The public had little to do with
the rise. The professional operators of
large caliber took conspicuous and con-
tident part in the market
The continued downward course of ster-
ling exchange affords rerief from all APP
prehension of gold exports. But no pros
pect is discernible of easier money con-
dtions. Call money to-day was sitter
at 6m7 per cent. and time loans for all
periods again came back to per cent.
The exchanges continued to move in favor
of the interior as against New York.
There was heavy buying of Green Bay in
come "B' at an advance of 2ls.
The bond market was moderately act
i've at advancing prices. Total sales. 49,
$4,000.
L. S. IS advanced Is per cent and the
old As registered declined Is per cent in
the bid price.