Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-10-12
DETAILS OF THE BULGE.

uE1AlIS ur 1dE bULuE
Specials to White. 6 White
NEW YORK. October l1.--12:lo D. m.
The st. Paul market LOOKS as If IL
were being worked by the Hartman
crowd so as TO effect the general mar
ket. They have been using some of the
Standard Oil brokers 10 make it look
by that quarter as on the buy side.
c, /. HUDSON 4 co.
NEW YORK. October 11.-12;aa p. m.
Under the leadership of st. Paul the
stock market has been firm this morn
ing. The advance in ST. Paul has given
rise to rumors of this road also figuring
in the so-called Great MOI theFn dsal.
but all the appearances indicate thst
the movement is only part OF the
scheme of manipulation which was be-
gun yesterday. Thus far little or no
following has been secured from the
public and largely because the deal
rumor has proved 10 be unreliable. II
has been a railroad market all morning
but Atchison, curiously enough, hiss
not been conspicuous at all in the deal
ings, That the upward movement, so
ostentatiously started, is not likely to
be sustained is indicated by the con-
tinuing strength in sterling exchange
which has put gold imports out of the
range of possibilities and is causing ap-
prehension of exports in the not distant
future. That to-morrow's bank state
ment will be favorable. according to
present indications. is only a partial
offset CT. HUDSON g. CO.
NEW YORK, October 11.-S; So p. m.
The advance in stocks continued al
most uninterrupted TO the close. which
consequently was al the highest prices
of the day. st. Paul remained by all
odds the buoyant feature Of the market,
but there was remarkable activity in
Union Pacific and Southern Pacific. to-
gether with uniform strength through
out the railroad list. Dealings in the
aggregate Appropriated million
shares. II is worthy of note that the
Morgan stocks, including the coalers
and steel, were comparatively quiet, I'M
dergoing no marked change. St Paufs
advance of more than eight points. Of
course, gave rise to numerous rumors.
One was that the Morgan holdings are
to be surrendered in return for the
Union Pacific holdings of Northern
Pacific, but nothing like confirmation
has been obtainable concerning this or
any of the other rumors which, there
fore, seem to have been put out for
purposes of manipulation. A good
bank statement Is expected. because the
preliminary returns show a cash gain
of nearly two million dollars, while a
decrease in the loan account is be-
lieved TO have been foreshadowed.
c.. HUDSON & co.
NEW YORK, October 11.-4:23 p. m.
There were occasional temporary re-
actions in the stock market to-day, but
the course of prices was upward and
the tone much more confident than Il
has been for long time. st Paul and
Union Pacific were the leaders, and
there was good buying also of Atehi-
son and Southern Pacific, all OF these
stocks scoring good advances. In the
industrial list Sugar was very strong
and the Steel stocks attracted little at
tention. Copper did not show much
change. No further light was obtain
able on the purposes of the people who
are working out solution of the
Northern Pacifc-Great Northern Bur-
the time fora definite announcement
was not far off helped to stimulate the
bull feeling. Known movements of
money indicate gain for the banks
this week and money on call was easy.
London bought about 20.Gog shares on
balance. Demand 1886 to s4.S6A.
LADENBURG, IHALMAN & co.
NEW YORK, October 1f.-3:5S p. m.
The market opened firm and continued
so all day, St Paul being buoyant, ris-
ing eight points. Union Pacific and
Southern Pacific were also we'll bought,
while Norfolk crossed 56 and c. & 0.
As. The railroad deal IN the northwest
is about to go throue-., judging by the
tape Banks have gained nearly 2.000,-
900 this week. London bought stocks
and it looks like higher market lead
ing interests having shifted their posi-
ton. DICK BROS. & co.
NEW YORK. October 11E4:10 p. m.
To-day's market was a strong reminder
of what we call "old fashioned times,
although this term does not refer to
period more remote than the early
months of this year. Everything,
whether industrial or railway, devel-
oped. practically dividend payer, or
speculative, had its advance. The
leader was ST. Paul, with an advance
of about points, Union Pacific, South
ern Pacific. Atchson and Missouri Pa
cific following close upon its heels.
The advance was due to reports that
the Great Northern deal is about to be
completed. The rumors were Of vari-
Gus character but not one has received
official confirmation. At the same time
it is evident that something of great
Importance in the railway world is go
ing on, for it is doubtful that IL this
were not the case such persistent buy
ing and considerable advances could
have been made. This idea was the
real keynote to the situation.
Another factor contributing to the
advance is the condition of the money
market, which shows evidences of east
ness, at least for the time being. 1t Is
reported that the movement of the cur
rency this week indicates that the,