The daily morning journal and courier., 1905-09-21
STOCK MARKET FEATURES
HIGH PRICED STOCKS GET 4
 MOVE ON
And Makes Notable Advances-AII Weakness in Stocks Vanished Again Bull Triumphant-A Quiet Market Consolidated Roads Advance.

A strong stock market yesterday with the most striking advances re- corded by the high priced stocks, such as Great Northern of. Southern Paci- fic, St. Paul, Canadian Pacific, Della ware and Hudson, Illinois Central, Reading and Pennsylvania.
 The market was quiet one, rising without much effort, and with stocks keeping their advance during the fre- quent dull periods. The closing was at material net gains for the day,
 Atchison didn't burn any over the fact that owing to floods less than 6 per cent. was earned on the stock com- pard with g 1-2 last year. As 4 per cent. stock many regard Atchison above 30 as high enough. However, the pool expects to put it to 95, and perhaps to par in the next four months
 Monetary conditions, as modified by gold imports and the relatively lighter treasury drain, continued a prominent topic of Wall street discussion yegter- day.
 Ihere was a very active buying de- mand in the corn product shares. the common rising to 12 1-2. No basis for the movement was shown
 The late. rise in call money to nor, cent, was taken to be a response to tba sctiVe work of professional pools" in oldd1ng up groups of stocks. It was a. general feeling that if the London hank late IS advanced to-day we may sec nlgher quotations here. The rise in continental discounts was taken ,,, some quarters as foreshadoU,ino. +h ~ London action. '''0
 Among the numerous renor+s oiro,,,o+ eo h the financial district ves+or1o Y, ttesaroing the advance in tba cnoa. INorthern stock was a story that oo o'1 sss < Q eetmelat COZ ena na would shortly be made of th @A0,UoV'OOO. increase in the stock ot ias t eoninany. The new stock will bo s1ueS' mu M ,ls was reported at par
 ne coal Trade Journal" in i+a :. ca,os o n yesterday says that dealers oa.z % oLlo0llers t,..aN, are laying in sunnIios ae anu en[aclte Tn anticipation of % no".,,!1 oa an future shortage. St possible
 eloss-sheffield common sold ..o..,.o percent, and the biy scrint di,,;5. M l-z Whicn made it quoted around sa uellu oe..D pared with aS Tuesday. ''' oo'il-
 The heavy curtailment of +,,,u+
 baiy deposits, even before Anpus+ 1s- DE IS being observed. This maanU uSt t,a 20, Inose institutions too have been 'ila' a9 banding loans on top of the bsnIx @ ex ex- pansion. '"0 Oailk ex-
 For the September quarter If No-,. ooo n%rk central the gross gain was s2 9se :" Uvo with net gain of s41z49S '-E%' Tor tile nlne months the gross gain has been nearly $5,Ooo,OOO and the net a aho',t nn+ $z,oVo'OOO' It is believed that the toN taI gross for the year will be betweon $S5,O9OOoO and $9O,OO0,O0O. ~'''
 Wabash securities did not ret7ec+ onn particular absorption by either far, ton to the contest for control. Tbey were, however, firm most of the dav
 Rock Island stock is exnectad +o move when J. H. Moore returns which will be soon.
 New York Central declared 1 1-4 ner cent. yesterday, and the directors of the Reading Railroad company vester- day declared the regular semi-annraI dividend of 2 per cent. on the second preferred stock,