The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-09-25
Stocks, Grain and Provisions
LATEST MOVEMENTS m BY EXCLUSIVE TO
8, III

~ We WIRE TO
II COUNTY TIMES
WEATHER FORECAST.
Missouri Minnesota and Iowa-Fair
tonight followed by increasing cloudt-
ness Thursday; rising temperature.
Illinois and Indiana-Fair tonight
and Thursday; frost tonight north and
central; rising temperature Thursday.
DakOtas, Nebraska and kansas-Fdir
tonight, probably becoming unsettled
/ Thursday; rising temperature.
/ wormser bought 10000 A. c. P.
! Leading copper producers do not ex-
+ pect TO see prices below Is cents.
Lighter demand for stocks in loan
/ crowd in spite Of easy money rates.
i Would buy the market. especially
/ Union Pacific, Northern Pacific and
Reading.
+ In time all these dist, ibuting factors
will be adjusted and business will get
on better footing.
/ Thirty-seven roads for second week
/ in September show average gross in
H crease S.21 per cent.
/ Mondays rainfall on eastern coast
from to inches over large area
/ Heaviest in present year.
/ St Paul earned about 9 per cent for
/ the year according to its report with
small allowance for maintenance.
/ Mcdonald bid up Union Pacific.
4 strength in Copper attributed to sale of
/ 50.0O0,O 900 pounds Of copper metal.
/ Dick Brothers-In view of the prob
ability Of continued irregularity stocks
should be bought only on weak spots.
/ j. S. Baehe-Ffrst class stocks are
very cheap and attractive from an
investment point around present levels.
We think this la an excellent oppor-
tunity for investors to buy stocks es-
pecially the good dividend paying rail-
roads.
The closing hour showed the strong
est prices and the opinion in conserva-
tive quarters is that values should do
better.
Simmons & S. say: 1--WE hear from
a good source that the rumored sale
CT s50,OOO,o 600 pounds of copper metal
is true"
U. P. is a purchase around 131 for
another rally. but 1 would prefer to
take on some Southern Pacific, it's
about due for a good advanee.-Ridge-
ly.
Now that Copper issues are down to
a very low figure, the rumor is that
the next dividend Amalgamated
will be at the rate of four per cent or
| less.
we look for a dull market today
dominated by professionalism On any
rally of Is points or so, Cotton is a
sale Wheat may be bought now for a
turn.-Topics.
There is not enough activity or
change in prices to indicate anything
further than we have stated all along,
that we were in a trading market with
ultimate trend upward.
Prices materially lower than last
nights close at the opening, consider
able activity developed at the lower
figures and the market soon showed
strength and support which brought
about a good rally of 1 to per cent
throughout the list.
Traffic on n Y. c. lines gives no in
dication of lessening. Heavy move
ment of loaded cars which the system
has experienced for months past has
continued without any abatement into
September. In August all the lines
moved practically $1,000 more loaded
cars than in August, 1906.
Western houses were not among the
bears in the early trading. They point
out that every day of fine weather now
is worth millions of dollars to the
country, and already claim that rs pei
cent Of the corn crop is safe beyond
accident.
Logan & Bryan-The monetary sit
uatlon is still regarded as the barom-
eter and the easier conditions now pre-.
Va1inS lead TO the beIlei tHat lhe Aah
stringency will not be as great as
predicted We are inclined to favor
the purchase of Standard rails on re-
i cessions.
The principal news in the market to-
day was the action of Judge lands ii
discharging the grand jury and dis
missing the case against the Chicago
E Alton and later in the afternoon the
appointment of receivers by Judge La
combe for the \. Y. City railways
Both Of these actions were expected