The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-01-04

Iowa-Cloudy tonight; rain or snow
and warmer Saturday
Dakotas-Snow tonight and Satnr
day; warmer tonight and east Satur- /
- k Sa1ina tonight or Saturday;
Montana-Rain or snow tonight ,ra l
Saturdayi warmer east tonight; colder /
HEARD ON THE BOURsE
Gates has picked up some courage
again and his following is picking m
Atchison and Copper, and this time |
they may be able to put them up quite |
little II
Hartman Is a nightmare 10 a whole
lot of people; they are afraid now ~
viii turn up in the Pennsylvania road
as a leading spirit, and he win not
have to sit in the presidential chair 70 |
be that either.
Copper stock and the metal were
again shot up today If there is am
public in the market at all. thew are
long copper. and any kind of n
show at all they viii all double up
and push the stock up to 100 at least.
London Cables says American a
nance bills are now freely taken and
that the bank is one million pounds
sterling better off than the statement
shows and they look for an improve
men in the stock market
BY the middle Of this month money
will be coming back to New York in
large amounts and by the 18TH the in
vestigation of Hartman will probably
be over, too. and we look for a good
rise in stocks.
Atchison did well on the stock list
today and is well handled. The traf-
! fic manager says that even after the
holiday rush he can see no let up in
the volume of business and December
will show the biggest business the
road ever had
Marshall is very bullish; says mon
ely is so much better than expected and
the improved condition in London favor
the bull side. On all weak spots stocks
should be bought. and it looks as if
four months money Will soon be about
| 5 per cent.
Gary, of the steel company says, that
he is still selling rails at $2S per ton,
but some of the smaller concerns have
raised the price to $50; says 1T makes
no difference what the price is you
cannot get any until next July as they
are all sold.
Great Northern injunction suit will
not be heard until next Tuesday, and
in the meantime as the liquidation is
over in it, and if it drops back any,
you viii be able to make more mon
ey in it in a short time than in any
other stock on the list
Pennsylvania holds the record for
the year on earnings. They will show
over $280,000, 600, far and above that of
any other railroad in the country, and
as 1t is only on 1900 miles of track
it's earnings per mile also beats any
other road.
Standard Oil people, the gossip has
it, are now taking a bullish position
on the market and are making efforts
to increase the bullish feeling by ma
nipulating Copper and Atchison. Their
bank also offered large lots of money
on call at a low price and broke the
rate from 10 per cent. to 4 per cent.
Reading was strong today; it was
one of the few stocks that had some
good buying in it, The pool is now
accommodating stock that they sold the
; past month. The increase to pei
cent. on the big coal road makes Read
ing look very attractive when you
share.
, Ridgely says: IN my judgment
stocks are purchase. Buy Reading
St Paul, New York Central. Pennsyl-
vania and Copper. The railway equip
= ment stocks are also good. Colorado
Fuel is a fair risk Southern Pacific
4 will cross par. Texas and Denver are
good among the low priced stocks and
distillers is tipped for 20 points ad-
vance"
Selling of Union Pacific looked like
liquidation and more to come. The
: questions that will be asked Harri-
. man on the stand will be adverse K
y the stock and the insiders only pu
0 copper up today to make a market t
n | uH4oau sumo u i4iSA PiiCSo SSOO~
selling all day has been very muci
better than the buying.
: New York Central is being put VI
by a new and strong bull pool. The!
have been buying the stock for tn
: past few weeks and they are the PEG
. pie who had the dividend raised 10
per cent The floating supply ha
: been located and there never yet Ia
been bull market without this stocl
$ going up