New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-10-14
BONDS
sTncE MAPKET oPERATIoNs.

Speculative attention was turned 20 me IN
6usrrials in yesterdays stock market the rail
way shares being without active support In
deed. II appeared as though liquidation were in
progress in The railway list. under cover II the
advance ia the Iu5uzt-ials although The Ter
declines in the former class were. as a rule
OE'y fractional The marking Up II the indus
trial issues although referred Fundamentally 70
the general Improvement II business sentiment
vas OF course In most cases directly due 10
the exe-rions Of speculative pools. and me move
Eueur included The weak and rEe halt as well
as the strong and sound. The railway equip
Tneut companies stocks which made decided
gains "Wednesday, on reports q liberal or
ders placed with The companies ly the ral-
ways since the hope q extensive harvest De-
came q certainty. further advanced yesterday;
as did also the C1.teG States Rubber issues
and Rubber Goods common o-sr gains q be-
tween 1 and per cent each were made by
The preferred stocks OF the National Lead Com
paly Railway Steel Springs Company. Ar-eri-
car Mating Company International Paper
Company and Corn Products Company. sugar
gained 1ss points On heavy transactions. white
the same gain was made ny American G3razs
TV'ins which has NOT for many day enjoyed
much market 1lgo-. National Eueneli2g and
Stamping made "a point advance ard Inter
national Power went -p II points. The -rac-
non and other public 1rl---1es" stocks were
strong and active. IS on the preceding day. un-
Ger the lead Of Brooklyn Rapid Transit, which
on transactions Of nearly 5000 shares closed
the day with net gain Of 81 points No news
developed concerning any C The group bur the
Brooklyn Rapid Transit boomers talked Of the
benehr 70 accrue 10 The property from rne open
ing q trolley r-a-lC on the WILLIAMSBURG Bridge
and Of the generally 1lu-lsn-IE condition u TIE
CONTRARY The various s-==l issues. neglected =.
rhe early trading, were taken ~ Ii me afternoon
hours. Oh the favorable showing made by the
September statistics " iron production, and
closed with net gains ranging FROM = per cent
in United states steel common % Per cenl il
Colorado FueI ana Iron, and per cer- IN Ter
Brooklyn RAPID Transit convertible IS ac-
vanced from 49, 70 - and United states Steel
Is trou - eff--. While the Central n
Georgia income issues of Al -Eree classes con
rinued their rapid advance. the -1lrc incomes
moving Up from +5-o 20 ~. g r=D-pollt gain II
TWO DAYS. The money market showed an easier
tendency. the eaL loan rare declining from 70
IA. per cent and TINE C-uuey rates also being
ures was given also 5y The fact tina the banks
have during the last week. been gaining heavily
from the SuD-T-easurV. although. Etla the tide
Of money 10 the interior FOR crop moving pur-
Ihe gain o. me Associated Banks from the sub
Treasu-v vV.I- completely onset by their loss
through withdrawal sor interior points. win
rhe result of sr-l another ll-aVOrable bank
statement r0--l1r-oW. which may show The "a
-nilar tLer N decrease IN surplus reserve. The
surplus reserve las- Saturday, stood IT 81 CSC
$50 and wt-h me dram for crop moving pIIr-
poses 10 be expected normally 10 continue for
another month l- Is NOT az all unlikely that be-
core the end NJ rnar period the banks viii re-
strict In q measure their Offering " funds FOR
stock market borrowers. and -ha = per cent cal
money rate W-i- become regretted memoir