The sun. [volume] (New York [N.Y.]) 1833-1916, 1901-11-24


v.nsa. City Southern ssuss n Long
,u,.nd. Michigan Central. ON the purchase
:, ,oo shares, made another van OF
% % noints. making a total Of 3o1s for the
Other extraordinary net gains for
ueek are those Of nearly So points In
L. shore, s in Adams Express. 10 in
IN. Fargo and nearly 4 points in Ameri-
can Express.
,..oda,ed Banks was much more favorable
- had been expected. The increase OF
- e.a a, 100. 900 In lawful money was largely
=. s,cass Of the amount indicated BY the
n,oun movements Of money this week.
IT, decrease Of over SIS. 500. 600 In the loans.
.hich has already been explained. was
.,so a surprise. The net result brings
~. surplus reserve UP TO nearly ia, 500. 900.
Th, influence Of the statement was Offset
On the final dealings by the usual end of the
~ proft taking. which was made moro
nronounccd thar usual by the break In
LIualsarnated Copper. The dealings in
hords this week show Q falling Cd as COM
nsred With the previous six days OF abou
70 per cent. but prices. particularly for
;rvestmcnt issues. have been well main
satnAd. III lIH - ma .%o
.onhy transactions to-day were In uhalo
Gas bonds and stock. Pocshontas Coa
.rb.criptions, in which there was . sharp
reaction: Electric Boat issues. at advancing
nrces; Kansas City. Fort Scott and Men,
mis- preferred. Mexican National Issues.
Sorhern Securities. Seaboard Air Line
nreferred and United States Reduction
and Refining.
The weekly trade reports are in the main
favorable. though mild weather and h car
shortage have restricted business some
What. Bank clearinEs. outside OF New
York. were ? per cent. larger than the pre-
yious week and 20 per cent. larger than for
the corresponding week Of last year. In
Guiding this centre they are = per cent.
smaller than the previous week and 9 per
cent. larger than last year. Fol- tho first
nine months OF the calendar year the prin-
oinal railroads report net earnings 1873 per
cent. larger than for the corresponding
period of last year. Shipments OF bread
sturs are increasing. and as already noted
cotton ia beginning to move moro freely.
The iron industry continues to surpass all
Others. both in the matter of activity and as
regards prices. Production Of both raw
natPrldl anu utlsiOu Ptoioee "pf~iOhby
limited only by lack of transportation
facilities. The situation a. . whole. both
in and out of Wall Street. appears to he
thoroughly sound, and the prevailing ten
dency decidedly in the direction Of further
Improvement,
As compared with the final prices OF
last Saturday, the majority Of stocks are
higher. The most important net advances
are in New York Central s per cent, Man
haitian Railway o, Lackawanna So, Della
ware Hudson 81, Reading az. Canada
Southern and Norfolk and Western ~
each. Pennsylvania Railroad ~, Reading
eecond preferred ~. American Sugar
Refining and Missouri Pacific ~ each.
Louisville and Nashville ~, Baltimore
and Ohio, Chesapeake and Ohio and Ten
nessee Coal and Iron 1 each. American
Car and Foundry and Reading first pre-
ferred y each and southern Railway 4
per cent. Tue noteworthy declines are In
Peoples Gas AZ per CENT. Amalsamated
Copper 4. Union Pacific 2. Brooklyn Rapid
Transit lh., Chicago and Alton and st.
Paul each. Union Pacific preferred J: and
American Smelling and Refining i per cent.