The age-herald., 1901-11-07
NORTHERN PACIFIC
 MATTER SETTLED Vanderbilt'SArrival Helps Large Speculative Blu, ing UNION PACIFIC IS ACTIVE Southern Railway Stocks Are Aided By Cincinnati Extending the
 Lease of the Cincinnati
 Southern Railway.

New York, November 6-Today's stock market was dominated by the authorl- tatiye admissions from various quarters that the basis had been agreed upon TOT settlement of the Northern Pacinc con troversy, although reports or an carry official announcement were deprecateo as 1t was said details are yet to De ar ranged The arrival from Europe today of w. K. Vanderbilt, who was named bv MT. Morgan as the final arbitrator of any difference upon which the con- ciliation board of directors might not be able to come to an agreement, helped to incite the large speculative buying, which was notable among all the trans- continental railways.
 The dealings in Union Pacific and St. Pau, were on a scale to recall the days of the stock market boom in the spring of this year and the resulting rise In St. Paul reached 4N and in Union Pacific Az. The Union Pacific convert- ble bonds were absorbed at the same time on an enormous scale. In southern Pacific the rise reached IA. Great Northern preferred. 1A; Atchison, 2%, and in Northwest 3B. Northern Pa cific preferred fuctuated narrowly thus suggesting that It's present price is near it's valuation under the plan. The Southwesterns and some of the South- ern stocks afforded another center or activity and strength, based on the series of extraordinarily favorable re- turns of gross earnings for the fourth week in October. The Southern Rail- way stocks were also aided by the vote of Cincinnati in favor of extending the lease of the Cincinnati Southern In these groups there were gains in Nash vile, Chattanooga and St. Louis or 51f; St. Louis of 31a; St. Louis and San Fran cisco, 3A Southern Railway, preferred 2%: Missouri Pacific, 2%; St. Louis Southwestern preferred 2, and Denver and Rio Grande stocks, Texas and Pa cific, Louisville and Nashville and Southern Railway from 1M to 1A. The increase in railway earnings for the fourth week in October over those for the corresponding period of last year for Missouri Pacific reached P per cent. i; St. Louis and San Francisco 25 per cent, and Louisville and Nashville 10 per cent.
 There were other roads with alm ost equally striking gains, but they did not share in the advance. In fact. outside the stocks mentioned and a few rather obscure stocks the movement of the market was sluggish, with no show of strength until the last. A number of specialties were weak early in the day, including Sugar, Amalgamated Copper, Peoples Gas, American Ice and Met ropolitan Railway, but except in Sugar and Amalgamated Copper there were strong recoveries. In Pittsburg, Cin- cinnati, Chicago and St. Louis preferred, Wells Fargo. Pacific Coast St. Law renee and Adirondack, Chicago and Eastern Illinois, Buffalo, Rochester and Pittsburg preferred there were gains of 2 to points. Additional gold engage ments for export had but momentary effect on the market and the momentary situation fell into the background com pletely as a market factor the large dealings in bonds centering in the Union Pacific and other convertible bond issues and speculative bonds.
 Total sales, par value, $6,370,000 Unit ed States bonds were all unchanged on last call.
 New York Stock Market.
 By Private Wire to Murphy 6 Co.