Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-02-09
AND
COMMERCE
Wall street.

The strength in the stock market to-
dav was traceable apparently to OPP
cratlons to cover short contracts put
out last week. The movement was
distinguished by a subsistence of the
sneeial advantages in individual
stocks. on the other hand the gen
eral list came in for more active buy
inc demand today.
The prospect of action by the Cali
fornia legislature on the question of
IaDanese children in the public
schools in opposition to the advice OF
me national executive was reported
more likely than at the close of last
week. Tho considerable selling of
stocks on Saturday on o of this
factor evidently Was for the account
Of the professional bears and their
demand to cover today did not meet
any large liquidation from the same
eause.
The market was lethargic for the
most part and the price movement
was effected during Il few brief per-
iods of activity. The neglect of the
market is its most conspicuous fca-
tnre at present. The fact of the alb
sepce from wall street OF some Of
the most conspicuous figures in the
financial world plays a part in this.
II is suspected also hat some effect
of repression is due to the pending OPP
,rations of Governor Hughes com
mission. which has now arrived at a
consideration of the stock exchange
after having ~traNersed the field of the
commercial exchanges. Railroad traf-
fic Officials bear out the testimony OF
other authorities as to hating tend
ency of business, the freight move
ment. according to their evidence, hav-
ing fallen off considerably from the
December level. The weeks traffic
statistics showed a notable decline in
the grain movement. The formula
ton of the demands to be made by
the anthracite miners in the convcn-
ton of the United Mine Workers out
lined the nature of the negotiations
which must be gone through to ar
rive at an agreement for the coming
April. The c~oalers shared in the gen
cral firmness of the market. The
possession of a statement OF earnings
Of the American Smelling and Rcfin-
ing company for the half of the fiscal
year caused a rise in that stock. Anal
gamated Copper showed its usual sym
pathy in spite of another marking
down of quotations for copper At the
New York metal exchange. Rumors
persisted in coming developments,
concerning the Gould group but mo
authentic information was forthcom-
ing CLOSING stocks.
Am.algamated Conner 75ss
American Car and Foundry 508s
do pfd
American Cotton Oil .......... 51Is
American Hide and Leather pfd 401a
American lee Securities ... u
American Linseed ........... l41a
American Locomotive ........ 5524
do pfd ..1llE
American Smelling and Refining SO u
do Dfd . .1O27s
American Sura. Refining .....l29h
Amer. Tel aul ..l27A
American t. ia -....... 90i3
American NY.4el4 .......... IS
Anaconda Mining co . 45&
Atchison 991a
do pfd lois
Atlantic Coast Line .........l09
Baltimore and Ohio ..........lO77s
~ ara on
BROOKLYN Rand Transit - Z 1 "a
Canadian Pacific ..l73h
Central Leather ...... sou
do pfd ..1O1lb
Central of Now Jersey .....22S
Chesapeakc and Ohio ........ 66K
Chicago Creat western 7iS
chicaro ana North western .17GB
Chicago. Mn and 81. paul Ida
C.. G. c. and 81. Louis .. 10
colorado Fuel and iron S9ss
Colorado and southern ...... gag
do ,st MD S2n
do 2nd MD 70
Consolidated Gao
Corn Products 1877