The daily morning journal and courier., 1906-09-11
STOCK MARKET FEATURES
MONEY UNCERTAINTY CAUSES
 OTHER UNCERTAINTIES.

LUw Grade Shares Taken Up While High Priced Ones Are Being Liqui- dated--Atchison Scores New High Price--GOId Imports Ease Money The Day's Gossip.
 Stock speculation was evidently feel ing its way along yesterday, in view of the money tightness and with the New York banks under their legal reserves. Hope sprang up anew when it came out that about $14,0OO,000 in gold had been wrenehed from abroad. To get this gold New York bankers had to pay the highest price for bar gold on record.
 But England's bankers are interpos- ing all obstacles possible in order to prevent gold from coming here.
 Some of the banking interests which announced gold imports yesterday were surprised to learn at the sub-treasury that no advances would be made on gold shipments which left Europe last week. The treasury officials in New York contend that the secretary's rul- ] ing applies only to gold shipped on and N after yesterday. It is generally believ- ed that a great deal of the gold all- nounced for engagement yesterday was shipped from European ports last Sat urday. If these rulings prevail no ad- vances will be made on these engage ments.
 # Up to 2;SO yesterday $3,125,oOO in bonds had been deposited at the sub- treasury under the facilitation plan. Call money loaned at 12 per cent. just before the market closed.
 The rise in Atchison to 110 IA the abest price on record, was an interesting 5feature, inasmuch as 1t expressed con- sfidence in the board of directors in de- claring it's next dividend at the rate of E6 per cent.
 The buying of Atchison was spectac- sular The stock was taken by many Commission houses on the theory that athe next dividend declaration would splace it on a sure per cent basis, and possibly per cent. Atchison directors Hhave not kept the prosperity of the company a secre known only to them sselves, but have let their stockholders know about it. After Saturdays report of the Atchtson, showing over 12 per At earned on the common the past al year, and the statement of the trrnan of the board concerning div, Ids, 8 further advance in the stock
 inevitable. Se 9 he government crop report shows
 the corn crop will be a bumper.
 he government cotton crop report Ewing a condition of 77S per cent.
 little disappointing and prices e advanced on it. StIl, there is 1; pO,OOO yield promised.
 be active trading in Reading wal inued by the members of the olC
 that has long been active in tht k and there was more talk 0
 iing's buying lots of Baltimore ant
 stock.
 he advance in Republic Steel, whicl ted below 30 few days ago, wa
 inued above 37, under Gates aus s. This house has pretty well cir
 ted the tip, and nearly every com
 ion house has it's speculative GUS
 ,rs in the stock. In combinatio
 cen Republic Steel and Tennesse
 so the story goes, three shares o
 one will be given for one of tn
 This would make Republic wort
 M than 50,
 ldon buying was not much of
 F here. The trading aggregate
 Aps 90,00O shares, the movement be
 purely professional. In Londo
 ican stocks made their customar
 g opening, with fractional gains
 e active issues.
 las Pacific, Southern railway,
 Southwestern, Rock Island, Fri
 Hnia Chemical, Rubber common an