The Montgomery advertiser., 1902-09-10
WALL STREET REVIEW
MARKET RULED FIRM AND SHOWED MARRIED ADVANCES.
Sentiment rather Mixed at the Close of the Days Trading.-The Fi- nancial Outlook is Again
 Menacing.

in cxcess of i. .ooo. .6oo shares and widely dis tributee. today's stock market ruled generally firm with many marked c.n Snd for Sr ther good crop advices and word Of an ap- preaching importation of gold from Australia shown. On the other hand the financial out look was again menacins call loans advanc- shewn @ a inc status ' of the eosi strike situa ton. In good part the days operations were attributed to the many pools The mn[ket , particularly those in the Gould System and the strength of th1se issues. more especially o.ns of aesYay wss aeeoppaniea by host of rumors, rone of them authoritative, The street" ascrtbed most of the Missouri "a, known pool and th.s belief was heightened by the character of the buying. Later there were fs No,tes' % such % ss Louisviiie and Nashville anl Southern Railway and 1t was in these stocks that manipuiation was most msnifess n,n Con on strength of St. Louis Southwestern and the so-caled Denver class but in these as well as in southern Pacific manipuiaion was sn. q, .nes es ,he move in Wabash issues and in Wheeling and Lake Erie. which advanced sympathet;c- ally Little interest appeared to be excited py the regular divfiend announcements in west ern Union and Manhattan traders taking them sou,beTn os'f Railway I me. ' with free selling for London account, but at the opening thst mar ket bought modeIately ef southern fac!nc' which 1t also sold when that stock moved UP. The market as a whole once more found Lon. don a seller on balance. United states steer shares were comparatively inactive and in adverse legal decision. though both issues neia their own at the close In the last hour s'ocks which had previously been neglected were taken up and made varied advances. In ad- dtion there was another heavy buying move ment in the Wseah issues ama ays ,ne n st Paul hna in the ss nature of paoa, taking New high rec well as by Atchison the wabashes. wheeling and Lake Erie. Pacific Coast. St: Louis south western preferred. southern Pacinc; Sioss- Sheffield preferred and General Chemical pre- ferred Rock Island issues were a feature potn on the exchange and on the curb operations: in the first named pia9e new oein sesuritieS in the outside market. Tn addition to the acverse conditions already mentioned the technical po- not reca.ded with favor. Since Friday last the hanks have lost almost 5000. 900 to the sub treasury which reduces the surpius re- ment to practically nothing. Then. too heavy pension payments will have to be met the lat ter part of the s wssE Ss1 Ssnk ra0 ~
 Wabash debenture bonds continued the fea- ture of the bond market today, enormous pSa pSa chases advancing them nearly 0 points 10 os No further light was thrown on the recent extraordinary trading in this issue. The gen s.al sses msskee spsr Mas vane United States old As advanced t, the new 4s coupon X and the 3's x per cent on the last call.
 Money and Exchange.
 NEW YORK, Sept. e-Money on call firm at 5dS per cent; closing bid and asked' D Prime mercantile paper, 5d5h per cent.
 Sterling exchange steady with actuai us,, ness in bankers bills at +.e625 for demand and 4 S3 50 for 60 days. .-,
 Posted rates. 1. s41sq4sS and 4;S7g4'sf's' Commerciai bills 4S2 75Q4 S3 25:
 Bar silver 5IA: Mexican dollars. 4oS.
 Government bonds. strong; State oonos' in- active; railroad bonds. strong.