Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-10-18
c. |. HUDSON & co.

NEW YORK, October rs; So =. m.
The undertone of the market was Iair-
ly good but the trading was in the
high priced stocks. and this fact seems
to have a lettering influence on spec
ulation, as other people were disposed
to look on while the important finan-
cial interests were at work rather than
TO take any part in the game them
selves. Naturally the operations which
attracted most attention were those
in Northern Pacific preferred, for 1t is
impossible to perceive why a stock
which may be redeemed at par under
the terms OF the reorganization on any
January LIST up to 1917 should sell to-
day at 1919 unless the coniectures of
Wan street have been at fault as to the
purposes of the men in control. One
explanation offered to-day was that the
preferred stockholders would be Offer
ed the right to exchange their stock
for per cent bond of some descrip-
ton. dCSlr for dollar. Great No tn
ern was active and strong and ST. Paul
was about steady. As noted above,
however. there seemed to be little pure
ly commission business. and this is
likely to be the case until further light
ton. In the industrial list there was
no significant trading. London sold
15 900 shares and bought little. Money
was a shade dearer. Demand $4.s5%a
4.S6.
LADENBuRG, THALMAN & co.
NEW YORK, October II, $50 q.
m.--After its early bulge the market
became dull but strong until in the last
half hour, when prices sagged on some
what on professional selling Rumors
of impending deals in New York Gen.
trial and d. & H. and Great Northern
and Northern Pacific were current.
High priced stocks were in demand.
Buying of Copper was better than oil
late and reports OF reduced prices were
denied. There was very little news OF
importance Southwestern stocks were
sold on expectation OF unfavorable
earnings. Money market UNCHANGED.
DICK BROS. & co.
NEW YORK, October II, 1855 p. M
--fo-days market was similar to It's
immediate predecessors, in so far that
1t was greatly professionl and quite ac-
tive, nevertheless exceedingly irregu-
Jar, frequent small movements up and
down taking place in the course OF the
day, indicting no decided tendency LOT
the present in the general list.
There were. however, several distinct
features. such, for instance, as deeid-
ed advance in Great Northern preferred
and Northern Pacific preferred. TIE
latter had been dead for a very LONE
time, but was galvanized into life to-
day, with a resultant advance OF about
points. This advance might have
been caused by the formation OF the
new Burlington Company and 1t Is
thought that this is the first stei
toward the final completion OF the
Great Northwestern Ra 1way deai. There
were also sharp advances in sucf
stocks as Consolidated Gas, Pullman
d. & H., etc. They, however, lost II
sympathy with the reaction which tool
place in the so-ealled Gould group o
stocks.
In the industrials the Copper stocks
displayed fair strength. Pressed Cal
and other Steel securities, as we'll al
Sugar, were firm and somewhat high
er.
Money was easy. London was moi
much Of a factor, and the market closed
with irregular changes near the 4eve
of yesterday. with the exception OF the
few specialties cited.