The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-02-13
Stocks Grain and Provisions.


Wire to Lake County Times.
rally it. the insiders have played for
lower prices
lore going much below 121 Pennsyl
vania should be a good bull stock. all |
things considered.
The monetary situation in Europe is /
becoming stronger every day and it is
now generally conceded that the enor-
nous exports from America during the |
past six months have very largely re
duced Whatever foreign Indebtedness
may nave existed 1t is believed Amer
lean bankers Will secure a large part
OF today's gold Offering in London.
Our market today should consistently
show some steadiness as compared with
Friday and Saturday. 1t is difficult
70 believe that the money market will
show more than temporary strength in
call money rates and the speculative
position of most stocks is still strong in
many issues presenting a safe level
lot Op6IdLAOAS. bd1uEtl QIOllk6IS are
big buyers Of Union Pacific; this is
good buying.
Canadian Pacific showed a heavy
tone which was purely on the approach
Of the London settlement and has prob
ably no significance. There is still a
fairly extended bull account in all Ca
madam stocks in London. but 1t is not
nearly so large as it was at the be-
ginning of the year
Reports from the board say that
supporting orders are under the active
list and there was covering reported
for certain accounts on the appearance
Of these buying orders.
| The long stock that came out in the
| initial operations was small in vol
ume.
The market is going UP on a rumor
that Shaw is going to retire $4,000,
| coo per cent bonds.
After midday the market was firm,
retaining advances without difficulty
The movement against the shorts de-
veloped more strength than might have
been expected. although the influence
OF the treasury announcement was
mainly sympathetic.
The Willingness to help the market
is good, but the price bid for Govern
ment as is not particularly attractive
Flower & Company and other houses
with the same affiliations were help
ing the advance. They were heavy
buyers of steel and so-called Standard
Oil stocks.
The market at the moment has
very firm undertone but the trading is
very small and 1t is hard to say
whether the advance will go any fur
Their.
Taylor & r, 500; Denny. 5000; Nc
Donald, 1000; Morris, 1000; Montgom-
cry, 1000; Finn. 1000, and scattered
buyers Of Union Pacific.
Hear that Katy" common and pre-
ferred are going higher.
Hear Shelter will have a rise very
shortly.
| / am IOlQ az I1A " DNy %AAAaSOlANe1i
Shelters and Pressed Steel
J All sorts of rumors are out on in
crease in dividend on sugar. Dividend
meeting should occur about the first
of next month.
. Buy Anaconda! Buy It quick Buy
it now
Barring accident there is lis points
in it at 2S5. Buy Amalgamated, too.
o Talk is good earnings and prospect
i've dividend for the common Katy.
There was a much better feeling il
| | the market today and prices through
/ out the list showed decided improve
9 ment.
Under the lead Of Anaconda an
, Copper good buying was noticeable.
o Europe bought some stocks an
y seems to be bullshly inclined for Cop
o per, Union Pacific. Atchison and 81
10 Paul made good showings and heav
transactions took place in these issues
!. while the minor railroads and indust
rails were neglected, although the
J.. J showed f1rmer undertone.
q Principal buyers of Union Pacific
~ Taylor, Robinson, T. Denny, Miller
0; Montgomery, Stefnberger, Sim & Com
pany.
~ Think there has been a reduction /
30 short interest. I don't look for an
DO big advance but would rather buy o
dips than otherwise. Think HarrIma
). stocks should do better
u The announcement by the secretar