The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-10-24
HARTMAN ROADS IN FAVOR.
ST. PAUL SHARED ACTIVITY
Interest in the Vanderbilts and Chicago
and Northwe sternn Shitted-Harri-
mans Led a Strong Advance.

New York. October 23.-Speculative ac-
tivity today was largely confined again to
n few stocks. hut the field OF action shifted
from the Vanderbilts and Chicago and
Northwestern into ST. Paul. Union Pacific
and Southern Pacific. An overwhelming
proportion Of the days total business was
in these three stocks. The aggregate deals
rose considerably lover those Of recent
times and as the day passed the market
showed n broadening tendency in sympathy
with the sustained strength of the three
leaders.
Chicago Great Western cam comparative
ly into the movement later in the day and
achieved an extreme advance Of 2s on
very heavy dealings, closing at the highest.
other stocks reacted somewhat from the
top, Influenced partly by a break Of over
AZ in Chicago and Northwestern preferred,
st. Paul's extreme rise was 3 points, Union
racidc's ~ and Southern Paclhc's a point.
Among the stocks to come forward late
In the day were members OF the soft coal
group and the Southwesterns. with gains
of l to Ia. Sugar was also quite notably
strong. rising ~, and international Power
sdvanced 21s.
The early weakness Of the market was
quite generally overcome by the late ad-
vance. Amalgamated Copper, which fell 3
points In the morning, closed with n net
loss Of only TX. There were some large
selling in the stocks and II was affected
by the weakness OF raw copper in Lon
don. The local fractions and Peoples Gas
were also prominent In the early market.
Gas declined 2A and the preferred ? under
raids by the bears, and Hooking Coal was
forced down Ia with a subsequent recoy-
There was a continuance in the early
aealinss OF yesteTaays stfength IN ne
Chicago and Northwestern 3 and the pre-
ferred 3h. but the movement was not con
dinued after the reaction IN me mstket,
the action OF the market. but II was un.
donbtedly based upon the assurance that
s saf n T0 ,Se sstffen aSM IL tRn rosNSs crtn ginl P gs.
cite controversy with benefit to the whole
transc0ntinental railroad situation. The
nrriert ana tagging tendency OF Great
Northern preferred and Northern Pacific
bre rrfft t'i not seem 10 disturb this CON
yletiou. Neither did the apparent contra
alrIIHl mini IN the lnsistence OF the re-"
Nertirgn Pnclie preferred ana the
htatl. iu3mniion from President Hin That
r h0Itncrn Is 60 be consulted In the
1ale Df nnrtraf % the Burlington system
%FtAcrr Pacific. These mss.
ifts an regarded as the vantage ground
sa held while the progress of
aiHl sttl going on. as IL undoubt-
Nnrltnrton was quoted In the
n iaa 1913. The continued move
OF currency TO the South and the
~ = slO.OOO,000 payment 10 be made
rhIs week on account or the PocahonAs
Coal combination. did not seem TO dlstnS
speculative sentiment. j.
AS between $l,OO0.OO0 and $2,OO0,000 Of
this payment Is to be made 10 foreign
owners. an additional factor Is disclosed
in the recent hrnness OF the exchange mar
ket. The market was somewhat easier to-
day, Notwithstanding the advance In Lon
don on account OF the loSD of more than
The bond market was quite active and