The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-11-25
The Aetna Life Insurance Co.
is MAKING A SPECIALITY OF
"Etna Per Cent. Gold Bonds"
Their values larger and their rates lower than any others
The 2o-year Endowment per cent Gold Bonds
other investment carrying
a
Chas. L. Van Noppen Superintendent of Agents
ID. BOUSHALL, Manager,
Raleigh, N. c.

son. Manhattan, Metropolitan, Sugar,
Colorado Fuel and other active issues
was at a lower level. but some OF these
stocks, notably st. Paul and Reading
soon recovered Rock Island issues maze
early gains of 1 and 2h per cent 1or
the common and preferred shares, re-
spectively, on heavy transactions Inc
strength of these stocks brought sharp
recovery, but the list soon developed
another reactionary tendency, pressure
being shown against st. Paul, Missouri
Pacific, Southern Pacific, Reading and
New York Central, all declining a point
or more, with greater losses in Canadian
Pacific and Hooking Valley. Louisville
and Nashville was decidedly erratic,
starting with a point decline, rally
ing ~, and then declining almost as
much. The strength of the Rock Islands
was meanwhile we'll sustained. During
the early period there were few move
ments of Importance in the Industrials,
Colorado Fuel displaying further heavi-
ness on reports of a renewal of the con-
test for control, but in the later trans
actions, recovered with q net gain of
points on moderate transactions. In the
special class Pressed Steel Car was high
err While a single sale of New York Air
brake was recorded at a decline of 32
points. Trading continued dull and
largely professional until the afternoon
when a new movement in Manhattan ad-
vanced that stock to 1873, from which it
declined points, closing with a net gain
of points on very large transactions.
The great bulk of Manhattan buying was
by Gould brokers. The movement in
Manhattan stimulated buying in New
York Central and Pennsylvania, but
Metropolitan and Brooklyn Transit were
little affected either way. The bear fac
tion traded cautiously, but took courage
from the absence of any news regarding
the so-called Manhattan deal and
made a successful attack on that and
other stocks. New York Central and St.
Paul were forced down, while attempts
to move Amalgamated Copper met with
Boston selling. Short covering in the
final dealings was hardly sufficient VOL
ume to prevent an irregular close. Lon
don sold fully 10000 shares, total of
about 1885, 900 in the last four days, and
bought nothing The lack of London buy
ing was attributed partly to the APP
preaching fortnightly settlement there
Bonds were irregular and rather dull.
Early losses were largely recovered
when the stock market developed strength.
Total sales (par value) $2,000,000.
United States rs and the SIS declined
"a per cent on the last call.
Total sales of stocks today were $50, :
100 shares. including Atchison, 29,S00
Manhattan L.. 10000; Metropolitan
Street Railway, $500; Missouri Pacific,
26S00 New York Central. AZ 800; Nor
folk and Western. $500: Ontario and
Western, 6,400; Pennsylvania, 6S, $40;
Reading, 100000 Reading, second pre-
ferred, 1890; st. Paul, Al 900; Southern
Pacific, q, 500; Southern Railway, ID, 500;
Union Pacific, 23, 400; Amalgamated Cop
per, $4,000; Brooklyn Rapid Transit,
80, 300 Colorado Fuel and Iron, $500;
Sugar 10.700: United States Steel. H.
500: United States Steel, preferred, $780,
Rock Island, $4,000; Rock Island, pre-
ferred, 1870.