New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-28
BONDS
THE DAYS OPERATIONS IN STOCKS.

The course Of stock market trading yesterday
was marked by considerable strength IN values
and 2 moderate amount Of activity. good part
Of the buying came from the shorts but COM
mission house business for the long" account
showed an increase in orders as compared with
the transa ctions of the last few days. Favor
able reports regarding the possibility Of settle
Ynent Of the coal strike were responsible for the
covering movement. Il is believed despite weak
denials that successful efforts have been made
among the coal operators TO bring TO an end
the present disturbing conditions IN the anthra-
cite fields and It is thought that IN the event OF
2 speedy change in the situation stock values
VIII enjoy further Improvement in all parts Of
the list II IS not believed. however, that d set
Element Of the coal strike will furnish q basis
for an active bull movement It would be IN
reasonable TO expect an enthusiastic bull specu-
lation in a time Of political and money market
uncertainty. Il may be considered probable
that Nj Bryan VIII not be elected, but until the
votes are counted there will be a feeling Of IN
easiness in Wall Street that Will naturally re
strict Operations for rise in stocks.
Buying Of good stocks on declines by substan-
+iaI interests to hold for higher prices strength
ems the technical position Of the market, but 1t
does not follow that a material and sustained
advance VIII take place at once Important
market interests VIII buy on declines for turn
OF 10 hold for the next bull movement Ihey
will buy stocks 70 sell TO the public or for IN
Vestment purposes, and prices will not go BACK
20 a materially higher level until a general de-
rland for securities from the speculative public
develops. Bull markets 60 not start with the
ownership Of securities vested in the hands OF
the public. The public viii doubtless come into
the market later on in the season, but there is
no evidence Of a Widespread demand at the mo-
-7ent Stocks are generally in strong hands,
md uauidatlon viii only increase the chance or
active rise after current uncertainties have
n eliminated from the situation. There are
any good securities that are now selling at
~gain prices. prices which do not measure
..rual worth. and operators with means who
are willing 10 buy and put their stocks in safe
Mace for several months Will undoubtedly Sc
cure handsome profits, barring Bryan's election
+ Mr.. Bryan should be elected, profits will not
be so certain But MI Bryan's chances are
DOOR. and the disgraceful conduct Of some Of
his followers in Colorado will doubtless cost him
many votes in all parts Of the country.
The principal speculative favorites furnished
the chief activity and strength in yesterdays
market Brooklyn Rapid Transit. Sugar Re
hning. Peoples Gas, Northern Pacific. Tennes-
see Coal and Iron. Missouri Pacific, Union Pa
ciac and Reading first preferred were in good
demand from the short interest and from buyers
for a turn. Information in The Tribune regard
ing the attitude Of Metropolitan Street Railway
interests toward the Brooklyn Rapid Transit
Company caused sharp advance in Brooklyn
Rapid Transit stock. Buying in the Granger
shares was said 10 be good, but further nquida-
ton was noted IN Northern Pacific. although
the demand from the shorts kept the price
steady. Good buying in Big Four stock was
q feature. Traders thought that buying in
Brooklyn Rapid Transit foreshadowed an active
~E,-- Tr,1l- In Ea 11 hon
stocks were held up on reports that certain pow
erful interests had received very optimistic ad-
vices from Republican headquarters regarding
the course Of the campaign Final quotations
showed many marked net gains