Evening star., 1901-10-30
Better Feeling in Stocks in New
York Today.
GOOD DEMAND FOR COALERS
Renewed Talk of an improving
Northwestern Situation.
GENERAL MARKET REPORTS

special Dispatch to The Evening Star.
NEW YORK, October 3O-The frmer
tendency OF prices noted in yesterdays
stock market was maintained during The
greater part Of today under a volume OF
business largely professional. London sold
some stocks and sent over a lower range OF
prices for all the active issues Here and
there the market showed some pool sup
port and there were Indications that the
pressure of long stock had passed
The banking interests were almost unani-
nous In the predictions OF a more favor
able money situation in the near future
ana an effort was made to ignore the ship
ment OF S2too,0oo gold by tomorrow's
steamers. The present condition of the ex-
change market does not warrant this out
go. but the foreign markets should be ma
leriaIiy penedited by even this small ad-
oitlon to their supply of funds.
The failure to make capital out of the
goid shipments caused a rather sharp COW
ering movement during the afternoon and
some reassuring gains were made Brokers
reported a decreased supply Of offerings
and prices were readily bid up in nearly
all parts of the list.
Advices from interests which have been
IN dary consultation on the subject of a
settlement of the Northwestern cornplica-
tion were to the effect that no friction had
developed and that an early announcement
pec1ed.
Northern Pacific preferred advanced un-
oer small Transactions, and Union Pacific
showed better demand than for several
days The buying of st. Paul was better
tnah usual at times, although a consid-
eraoie demand came from professional
sources The Vanderbilt issues were
stronger, especially the so-called junior Is
sues, ana again the effort TO centralize that
system was discussed with increased as
surance.
Inc coal stocks were the real feature of
the day, however, under a renewed demand
from FIRST National Bank sources Jersey
central and Reading were given the pref
erence IN the buying and both stocks re-
sponoed easily to the Increased volume of
business. The old rumors of consolidation
and an extra dividend on Jersey Central
were circulated, but the former prospect
seemed to be the more readily accepted
Snould such consolidation be made Il is
likely that II would be the forerunner OF a
more comprehensive plan for a closer alli-
ance among the anthracite coal roads The
buying of Ontario and Western and Erie
was called good, and seemed to be part of
d pian looking TO the benefiting of the hard
coal issues generally.
The Copper situation was said to ha q,
improving one, but Amalgamated Conner
STOCK was sold at the higher prices by in
terests which should be good Judges Of
value sugar was firm under an inside d.
mand based upon the hope of a revision Of
tTn, 1ne insuiar tariff during the coming winter.
rms prospect alone is altogether foo douh.
ful Tor immediate discounting
Inc Traction stocks showed some irreg-
ularity throughout the day as a result OF
some rather good selling Of Metropolita an
ana an improved demand for Manhattan.
Sentiment was decidedly better for the
day, but there was not such a decided
change In general conditions as would war
rant confidence in the stability of the move
ment-