The daily morning journal and courier., 1901-11-07
 THE STOCK MIRkEI
Dominated by Statement of Settlement
 of Northern Pacific Controversy

l New York, Nov. 6.-To days stock market was dominated by the authoritative admis- sions from various quarters that the basis had been agreed upon for the settlement of the Northern Pacific controversy The arrival from Europe to-day of W. K. Van l derblt, the final arbitrator in the contro yersy, therefore took on great importance { to the speculative mind and helped to in- cite the large speculative buying which was notable amongst all the trans-continenta i railways. The dealings In Union Pacific and St. Paul were on scale to recall tho days of the stock market boom in the spring of the year, and the resuting rise in St. I Paul reached 4Ts and in Union Pacific 41a The Union Pacific convertible bonds were absorbed at the same time on an enormous scale. In Southern Pacific the rise reacn. ed 1A, Great Northern ppfd 1A, Atchison 25s and In Northwest 35. Northern Paeihc pfd. fuctuated narrowly, thus suggesting tn atts present place Is near to its valua- ton under the plan, The southwesterns and some of the southern stocks afforded anoth- CT center of activity and strength, based on the series of extraordinary favorable re- turns of gross earnings Iof the fourth week in October. The Southern railway stocks f were also aided by the decision of the Gin cinnati electorate in favor of extending the lease of the Cincinnati Southern In these groups there were gains i'll Nashville and St. Louis or 352, St. Louis and San Fran cisco 3M, Southern Railway pfd 2s, Mssou- II paclhc 2ts, St. Lotus Southwestern pf ?, an dthe Denver and Rio Grande stocks, Texas and Pacific, Louisville and Nashville, and Southern Railway from Is to 1A. The Increases in railway earnings for the fourth week in october over those for the core spending period of last year for Missouri Pacific reached 22 per cent, St. Louis and San Francisco 25 per cent, Louisville and Nashville II per cent, aud Missouri, Kan sas and Texas 12 per cent. There were oth- CT roads with almost equally striking gains, but they did not share in the advance. In fact, outside the stocks mentioned and q few rather obscure stocks, the movement of the market was sluggish and Irregular with no striking show of general strength until Just at the close. A number of specialties were notably weak early ill the day incud- ing Sugar, Amalgamated Copper and Peo ples Gas, American Ice and Metropolitan Street Railway, but except in Sugar and Analgamuted copper there were strong re- coyeries. In Pittsburg, Cincinnati Cnica. go and St. Louis pf,, Wells Fargo, Pacific Coast, Chicago X Eastern Buffalo, Koch ester and pittsburg, and Rutland pf. there were gains of to points. The additional gold engagements for export had but a mo. mentary effect on the market, and the monetary situation fell into the background completely us market factor
 The large dealings in bonds eentered tn the Union Pacific and other convertible bond issues and speculative bonds. Total sales par value $6,3I0o00.
 United States bonds were all unchanged on the last call.
 Closing Prices.
 Following are tho closing prices reported by Prince X Whitely. Bankers and Brokers, l,vu Nn ll 'ppt ar