The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-09-11
WALL STREET REVIEW
TENDENCY OF THE MARKET
WAS IRREGULAR.
Rumors Of the Serious Illness OF
Russell Sage Caused Lively
Selling of the Gould
Stocks.

NEW YORK Sept Io.-For the most part
the tendency of today's market was irresulaI'
which was well maintained until the last nour.
About that time rumors Of the serious illness
the Genld sieeks the remsinder Of the list
heing sympatheticaliy affected. Conditions as
u whole favored higher prices. London reached
portation was announced, call money. though
nominally as gh as per cent. was actuany
hardly higher than per a Gent , crop Of
between the Pennsylvania and Gould interests;
Largely as a result Of these last rurnors ana
and Baltimore and Ohio. whose interests are
virtually Identical. advanced over point each
and the gold stocks also gained In the sv sane 81
Paul. Louisville and Nashville, Rock Island,
New York Central and the Wabashee put ,ne
better prices In the gas stocks and American
Ice preferred. Following brief halt toward
list sagged. there came an active demand for
Union Pacific. Reading. Manhattan. Atcnison
and some Of the specialties A. the same time
brokers who had been active on the other sidt
st. Paul, on persistent rumors OF an increased
Dividend made ,uFt Ms Maintained in spite
timore and Ohio and New York Central raj
United States Steel shares were taken up INC
common being extensively traded In and sim :
ultaneous strength was shown oy Iennessee
Coal and Iron and other stocks OF una. e'a T..
-
creased interest in these Issues other ,nah the
general prosperity Of the steel and IRON t1ade
In the miscellaneous st the shares OF the eA-
press companies advanced from 10 Po!nt.s
On very light trading. Westinghouse Eiec,rlc
and Pere Marquette gained points eacn. ne
feature of the last hour was S-po.ht decIhe
in Missouri Pacific and the reces sions IN tne
standard railway list including Baltimore ana y.
Ohio Norfolk and Western, Reading, 81
Paul and New York Central The sell ng move
ment wiped out the greater part OF the Gay
gains and In some instances caused net Iosses.
St Paul and Missouri Pacific making the mos,
serious declines. New high records FOR me
dhy included st. Paul. Missouri PACING ROCK
Island baltimore and Ohio, Reading hrst pre-.
ferred. Southern Pacific. Missouri, kansas am
Texas preferred. Wabash common and pre-
ferred Wheeling and Lake Erie second pre-
ferred ST. Joseph and Grand Island nrst pre-
ferred Keokuk and Des Motnes, WESTINGHOUSE
Republic Irop and Steel and American car car
island Company we're again the feature on tne
curb the a per cent bends selling up 70 BYE
on transactions aggregating about 81 ,oooooo
Londcns operations here amounsea :" r',,p'
chases and sales. Increased public interest
was reported by leading commission houses
and the days busipess, which was In excess OF
200 900 shares, was vel distriou,e t ,hn ioss
of cash by the banks to the sub-treasury con-
tinued and last weeks surplus reserve was
practically obliterated. The gold movement
proportions Foreign exchange broke some ~
points early In the day. There were no Trans
fers by the suh-treasury
The bond market maintained frm tone our
heavy realizing in Wabash debent,ires. which
depressed them 2 points The market soid T on
In sympathy with the declineS in stocks 10,
tai sales tpar value). S4.6e6,ooo. uhi.en
new as registered advanced "a and the coupons
a. per cent ON the last call.