The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-01-05
HEARD ON THE ROURSE
HEARD ON THE BoURsE.

14GEA1LO yin HE bOO hSE
HEARD ON THE BoURsE.
Tom Lawson did the whole thing to-
day. This viii go down in history as
the Lawson boom. He put the mar
ket up $40 per share in Trinity and as
the only stock the public had was
Amalgamated they sent that stock up
81 share. The Standard Oil crowd
sold world of It, but could not stop
the stampede. Copper was what the
public wanted and they took it at any
price.
Ore certificates are about getting up
where they belong. This is stock
of only $4,000, 900 on a property worth
from $500 to s6Oo.00O.00O selling at 80
and on the lease in 16 years you will
average 8 per cent on the investment
What more can man want? Time
money was per cent and there was
$4,000. 900 loaned at tat rate.
Atchison did everything it's friends
had to say for 1t. The stock is we'll
in hand and although they sold big
bunch at 1861, still it will go up be-
cause money is coming back to New
York quicker than expected.
Steel will show earnings of about
$156, 100000 and they could sell rails
at $50 to $50 per ton the same as out
siders are doing. but Gary thinks they
had better keep the prices steady.
Morgan & Co. did most of the buying in
Steel today.
I can advise anyone who has a profit
in Copper to take it right now. The
dividend will not be increased and if
you will change your copper into Ana
conda you can sell the latter at $50.
Smelter recovered it's dividend today
on the buying by the Guggenheims. I
am told the stock will be put on a 10
per cent dividend basis before the
meeting in June. In the meantime
they will jockey the market up and
down.
The selling in Copper was far better
than the buying 26 Broadway sold
it all the time and if they can help It,
it will go no higher, but if the public
of whom most are bullish on it. buy it,
is will take the market away from
them and put it up to $50.
One of the conservative houses who
has been extremely bearish for the past
. so days, notified all it's friends today
1t had changed it's position and now
was the time to buy some new stocks.
One of the plungers in Chicago, who
has been bearish for a long time COW
cred all his short stock today and
bought about 5000 Great Northern ore
at 1872 today.
Cooke says Steel was bought by
Morgan, and I hear they will increase
dividend on the common stock this
month. The earnings amply justify it.
1 am also told that you have seen the
last of high money for some little time
1 think Steel will sell above So this
/ month.
Union Pacific was heavy on the in.
= vestigation by the government which
would put damper on any stock, but
!. they are all right and have done moth.
ing illegal. If they have, Hartman
3 don't know of it and will correct ii. II
= the meantime the stock is all right
earning good money and will sci
| higher.
Pennsylvania is tipped for $50 and
from the record the new president has
- the stockholders of the road will not be
o called on to expend any more money
. and the vast earnings of the system
will now commence to help the stock
z. prices.
l. IL ~
y hands Of its friends and as it sold sold
to 167 on 5 cent per dividend they
have a big pool of the insiders in II
= who will try to put it above 175 this
O time. The floating supply is quite
o small and it would not look too much
TO expect.
Money was well supplied all day by
the Standard Oil banks in any amount
that was wanted. Western money
came in to compete with 1t also.
Is In Chicago they have money to burn
5 They have just presented d. r. Forgar
4 with bonus OF $4,000 to start a new
. bank and the stock is already quoted
" 10 per cent premium.
One well posted man has this to say
i on the stock market, and in ADDITION
can say he was short Northern Pa
cihc at PA.
s. Copper will sell this year above $50
Union Pacific 200. Southern Pacific loo
Anaconda $50. Steel common so. Atchi
+ ton 80. Baltimore & Ohio 1875, Pennsyl
10 vania 155, and money viii loan be
% twee now and March 1 at 4 per cen
N for four months. j. l. D.
30
DO SrCzuence OF noses.
/, When I was a girl the aristocrati
). nose was high, beautifully nodded
rfrir0 in q dnItoo+oIv uavir~ ~sdr~o -.