The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-09-11
STOCKS AND BONDS.

New York, Sept. 1O.-For the most part
the tendency Of today's market was ir-
regular, though opening with considerable
strength. which was we'll maintained un-
Ill the last hour. About that time rumors
of the serious illness of Russell Sage
caused a selling movement in the Gould
stock. the remainder of the list being
sympateheticolly affected. Conditions as
q whole favored higher prices. London
reported a strong tone for Americans and
gold importation was announced. call
money. though normally as high as 8 per
cent. was actually 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 the last rumors
and aided by clever manipulation. Penn
sylvania and Baltimore x Ohio. whose in
terests are virtually identical, advanced
ever point each and the Gould stock
also gained. In the same move improve
nent was shown by St Paul. Louisville
* Nashville. Rock Island. New York Cen
tral. Illinois Central and the Wabash. but
the industrial line was neglected save for
soce activity and better prices in the Gas
stock and American Ice preferrer
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. At
Gibson and some of the specialties At
the same time there was some selling OF
Missouri Pacifs by the brokers. who had
or persistent rumors Of an increased divi-
dend Monday. further advanced and Read
ing strength was well maintained in spite
OF previous profit taking in Pennsylvania,
Baytimore & Ohio and New York Cen
trail United States Steel shares were
taken up. the common being actively
traded in. and simultaneous strength was
shown by the entire coal and iron and
other stocks Of that class. There was no
news TO account for the increased inter-
ests 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 10
points on very light trading Westing-
house Electric and Pere Marquette gained
Q points each The feature OF the last
hour was a 3-poInt decline in Union Pa
csfc and the rccessions in the Standard
railroad list including Baltimore & Ohio.
Norfolk & Western. Reading St Paul
and New York Central The selling move
nent wiped out the days balance and in
some instances CAUSED net losses. Ms
souri, Pacific making the most serious de-
cline. New hlEh records for the day in
ciuded ST Paul. Missouri Pacifc. Rock
Island. Baltimore & Ohio. Reading first
preferred. South.-u Pacific. Missouri
Kansas & Texas preferred wabash con-
mon ard PREF rred. Wheeling & Lake
Erie second preferred. s.. Joseph & Grand
Island first preferred Keokuk and Des
Moines Westinghouse. Republic Iron ard
Sieei ard American Car and Foundry
The new issues e the Rock Island con-
-any were again The feature on TIE curb.
re FER cent bonds selling u % $50 On
.raEsactious azsrrg ntinE about s. eo8 81
,ndon ope-atsous here Amounted 20 PER
aaps 5oNs shares. very equally divided
q 20 ssies. Increased nisbic interest vas
-eported by large clzr,isss1a houses and
ne buying. whicn vas il. excess q LIZ
- shares. vas vel Distributed Money
conditions were somewhat easter. ~; the
oss o. cash by the banks 20 the sub
treasury continued and last weeks SUI
1lus was practically obiiEerat-5- The
,old movement s7on Australia S likely
% ASSUME Formidable proportions Fer
.sn exchange hroke sous ? aoin-s in TIE
say There were 70 transfers - Ire Sub
rsaser
me b7ae MARKET ns4s--ainee 1ra toae
ius ths greater pax q Ire DAY DE-
-ite tie heavy rsziizins T. Nzhzss -
.ertGres. Which isspressd them points.
The r-a-kes so.d 81 "a sympathy wtth
he decline n stocxA Totz- sales. pzr