The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-11-18
GOSSIP OF VAIL STREET..

made Of the slicing OF the Hill melons, but
some OF the bulls asserted that good news
would come to holders Of Great Northern
within a very few days. p
Wall Street. which has been so much inter-
ested In Mr.. Hills hasty return to New York,
would probably understand the matter better
II II knew the reason why he had gone away.
Before leaving for the West more than a
week ago. Mr.. Hill had been at work for weeks
on the details Of the plans on foot for the
benefit Of stockholders Of Great Northern
and Northern Pacific. He left for the double
reason that he was. down for a lecture at
Chicago and that the unsettled aspect Of the
labor situation made the time unpropitious
for special distributions to stockholders.
He has since delivered his lecture and the
labor situation has taken a turn for the better.
so that there was no reason why the work
laid down ten days ago should not have been
taken up again In the past day or two, espe-
cially as for family reasons the coming week
could not be devoted to 1t. There was no
urgent cell from anywhere. but Mr.. Hill.
who Is a worker, determined Of his own ac-
cord to resume work on his plans just as soon
as the obstacles TO their carrying out were
removed. T.
London had a strong bull tip on Union
Pacific and not ohly sent over a higher level.
OF quotations but followed up the business
transacted in It's own market by sending a
large volume Of buying orders for execution
here The bullish sentiment on the other side
maoe It's enect Ielt IN view YORK: as IL mas often
nation on moyements IN, this stock than has
been available TO the average local operator 4
Notwithstanding that the onaciaI explanation
Of the peculiar dividend incident last summer
was that II was desired TO give New York the
benefit Of the news first. ~ .
All the ent, which havs become
Ianllllar IN connection with upward move
ments IN mon Paclnc we're revived, the COM
Hohest anu most logical being that the COM
pany wouio oenent materially from It's par
tlcipstlon IN me goon things coming on Great
No,chern ana Nortnern P&cino. OF which Uis
sun q noiueI' ana tnat the annual report soon
10 De puohsheo would make a very favorable
snoWths' iuesoay was tne DAY set oown In
the rumors as the one'on which this document
wouiu HhakeIts appearance. oh geherai prm-
o.prss, cohserNsIIve u'osers argued the
s'ocN wasoy no means uear, ana mere were so
MANY polnts laVorsple 70 sPecuiation tnat the
piOSpeoVs pIotn.Seu d CONSUMERS Ole rise WINE
~ a even1 Vi any ~un.o"eru ciLcumstshce
the ntrnsly neriS prec'dueu Lne uanser oia
serious oecnne. When such views We're ex-
pLesseu even un cue noe1 oonseLNa.'Ve uuar-
multitude Of tips on the stock received a good
deal Of attention, with the result not only
Of starting a covering movement but OF bring
ing in a larger volume Of outside buying for
the rise than had been seen at one time in any
stock for several weeks past.
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some time IN tne future a new company
VIII prooaoiy De organized under the name
Oh inc Cnon Facfhc company TO IaHo.oNer
tne securities owned oy Union 'Faclho SO
CnaI tne prohts from Inns source may De
oIs,riouteo sepaIately rom tnose resulting
D.t-av TkA 90. .n.. $1,000.
the Oregon Short Line, the Oregon Railroad
and Navigation and some. other properties,
Just as the Pennsylvania Company operates
the Western lines OF the Pennsylvania system.
and in addition act as the holding, company
' n m" as ms u South1
ein amie ~ ~" LVau',
uHm ny" .S ~
20 a. 80. S,,v-~ TIC Oroe,. - III $500.
-, H. - a., ,;hr,a 49, &c
~ nr...nt .tocL world irvoIv. , varv high
rate Oh ulVloeno. 70 new pohcy InvolVeo.
tne only ooJeet Sous"' oenus 70 nlase /. SAeaI
that raVes are not eAo.pnan'1y hsn' "a.
LOT ihstance' uINi1ehus u = pei cent. "efe
para on union rsctnc commOn sktatoIs
Wouiu oe iiNeiy 70 A'11iouto inc .aise' pronts
ai"OS' eh'"eiS eAoese'Ne 'a"N e.
II tbera ia anv expectation that Illinois
Central will he merged into some other bIg
svstem Il ia lIkelv to he disappointed The
Intention ia To give the road a more proSres.
sive MANAGEMENT and to devotion possibilities
which for MANY wears have been COMPARE
tivelv neglected. There ia hardly anv 0ues-
tion that Illinois Central will hereafter show
relatively oetteI results thah al any time
IN tne pas. y ,ha',gh 49, " Sei,aIn suo-
serVienvy 70 othei raiInmau tostH u piop,
cry wlh IN nlme oe enaoeu maze 'nc'easeu
Fe'u'ns 10 us e'oeAnolue'
ct do not know what, Ia going on in Steel.
said one OF the most intelligent observers
on the floor Of the stock Exchange but
apv one can see that ID acts very st rong.
n ever a stock should be bought on looks
IL is this one at this minute
- s.
once again the street Is Trying TO guess
the meaning OF very neaVy puylns OF steei
by a speculative" house which was also a
large buyer at the beginning OF the move
ment that a Few weeks ago carried the price
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