The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-09-11
STOCK MARKET IRREGULAR,
WITH BUSINESS ACTIVE.
RUSSELL SAGE'S ILLNESS
CAUSES SELLING.
Other Conditions Generally Favor
Higher Prices-Cali Money
at Seven Fer Cent.

New York. Sept. 1o-For the most part
the tendency of to-day's market was irregu-
lar. though opening with considerable
strength. which was well maintained until
the last hour. About that time rumors OF
the serious illness Of Russell Sage caused
q selling movement in the Gould stocks. the
remainder OF the list being sympathetlcally
affected. Conditions as 4 whole favored
higher prices. London reported Z strong
tone for Americans Another gold importa-
Mon was announced. Call money. though
nominaIly as high as 9 per cent. was actu-
ally hardly higher than Z per cent. Crop
news was encouraging. and early advices
told OF a truce between the Pennsylvania
and Gould interests. Largely as a result OF
these last rugnors, and aided by clever man.
ipulation. Pennsylvania and Baltimore and
Ohio. whose interests are virtually identical,
advanced over a point each. and the Gould
stocks also gained. In the same move i'm
provement was shown by St. Paul. Louis
vile and Nashville, Rock Island. New
York Central, Illinois Central and the Wa
save for some activity and better prices
In the gas stocks and American Ice pre-
ferred- Following a brief halt. toward the
end OF the first hour. during which the list
sagged, there came an active demand for
Union Pacific, Reading. Manhattan, Atchi-
son and some OF the specialties.
SELLING MISSOURI PACIFIC.
At the same time there was some selling
OF Missouri Pacific by brokers Who haa
been active on the other SIDE. st. Paul. on
persistent rumors OF an Increased dividend,
made a further advance. and Reading
strength was well -maiatained. in spite OF
obvious pront-taking in Pennsylvania, Bal
stimore and Ohio and New York Central
United STATES Steel shares were taken up.
the common being extensively traded in.
and simultaneous strength was SHOWN by
Tennessee Coal and otner stocks of that
class There was no news 10 account Tor
the increased interest in these ISSUES other
than the general prosperity Of the steel and
iron trade. In the miscellaneous list The
shares Of The express companies advanced
from two to six points on very light trad
ouette gained six points each.
The feature of the last hour was a j.
point decline in Missouri Pacific. ard the
recessions IN the standard railway list, Ia
Guiding Baltimore and Ohio. Norfolk and
Western. Reading. St. Paul and New York
the greater part OF the days gains. and IN
some instances caused net losses 81. paul
and Missouri Pacific making the most seri-
Gus declines New high records for the day
included ST Pau Missouri Pacific. Rock
Baltimore and. Ohio. Rasding first
sas and Texas preferred. Wabash COM
mon and Freferrea. Wheeling and Lake
Erie second preferred. ST. JoseDh and Grand
+. Island first preferred. keokuk and Des
| Moines. Westinghouse Republic Iron and
! Steel and American Car and Foundry.
FEATURES OF CURB MARKET.
The new issues Of the Rock Island com
| pany were again the feature on the curb.
| the 4 per cent bonds selling u7 TO Ssiz on
transactions aggregatipg about Sf.eeo.0co.
1 Lcndcn's operations here amounted to per
\ 51aps 5a00 shares. very equally divided Is
| 10 purchases and sales. Increased public
] interest was reported BY leading minis