New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-10-15
BONDS
THE DAYS OPERATIONS IL STOCKS

Securities values were strong throughout the
day with lnal figures al advances 81 l@2 per
cent as compared with Mondays last quota
tions Buying was based on the decision Of the
mine operators 20 consent 10 arbitration for a
settlement az che anthracite coal strike Al
though there were rumOrs that the miners might
not accept the plan for arbitration as outlined
IN the operators statement 10 the President OF
the United States. Wall Street traded on the
theory that Mr. Mitchell would succeed in bring
ing into line all objecting miners. In the last
hour buying was made more active than In any
other period Of the day, while final prices were
generally az the top with the heaviest gains in
Amalgamated Copper. Anaconda, Atchison
Canadian Pacific, ST. Paul. Consolidated Gas
Delaware and Hudson. Denver and Rio GTande
General Electric, Great Northern preferred.
Hooking Valley. Illinois Central Pennsylvania
and ST Louis and San Francisco. CAN money
declined in the last hour but the lower hgure
doubtless represented the satisfaction OF re
QuTements rather than permanent change in
quotations. strength in the Gould shares, ana
huying by STANDARD on brokers eXerted
favorable influence on sentiment. The heaviest
selling was for the account Of interests that ac-
cumulated stocks IN Mondays slump The
commission house traders who have become en-
thusiastic bears were somewhat depressed at
the close OF business
Despite an increase I'm imports in September
as compared with September year ago In
value OF S2O992.S 94. exports exceeded imports
10 the value OF S27.102. pa. There is now a
large amount Of sterling loans outstanding; also
a big short interest in the foreign exchange
market and the movement Of exports and inn
ports Is therefore Of particular Interest al pres
ent II is extremely encouraging 10 note that
while imports are growing exports are also in
creasing, the outward movement in September
having been exceeded IN only one corresponding
month record namely in September 1900
when exports amounted in value 10 Sll5 ss0l 30
against Sll552l 9s4 in September of the cur
rent year Compared with September a year
ago exports for the last month increase
SS.5S2,O56. Imports in September amounted IN
value 90 SS7.Sl9.7O7. the heaviest total since
April 1897, when goods 10 the value Of Sl0l.-
S22.4O6 were brought in. Exports in September
were heavier than in any other month this
year. save January. The increased movement
Of hreadstuffs and cotton was the noteworthy
feature OF the months export trade. From now
on there VIII doubtless be heavy exports Of
grain and cotton in addition 10 large shipments
OF general merchandise. and as consequence
this country ought 20 he able 20 uquidate its
foreign loans and possibly attract some gold
from Europe.
For the twelve months ended September so
the total value 81 the exports was 81 35G 500 676
a decrease OF SlS5. 792. POI as compared with the
last preceding same twelve months This de-
crease was due almost entirely 70 the crop fail
Ures in this country last year. and not 10 a gen
eral decline an our export trade Industrial
prosperity A. the United States is responsible for
the gain in imports. Government statistics OF
the country's foreign commerce present much
reason for encouragement and no reason for
predictions OF n de ,line IN the export trade
Later On IN the season the strong factors an the
situation, such as foreign trade, railroad earn
mss, steel ana iron activity and big crops VIII
IND proper recognition i'm the stock market Al
present the high money market viii doubtless
control the course OF values. Can money aver
aged 10 per cent in yesterdays loans. with q
hish rate OF - per cent. Sterling exchange was
frm