Daily press. [volume] (Newport News, Va.) 1896-current, 1909-04-29
| avorles uonopohzed Trading, bul
Prices Advanced Generally.
ORIGIN OF MOVEMENT NOT CLEAR
Days News offered Nothing to Ae-
count For Reverse in Tone-steel
Reaches Nearly to This Years Max.
imum Record Mark.


a striking change In the tone OF the
stock market today from that OF yes
terday. Prices moved upwards az
gressively. and in many instances
rapidly. The demand was large and
widely distributed. and the upward
movement embraced the list quite
generally. Buying was congested
however. In some OF the stocks that
are the greatest favorites with traders
and are most influential in their sym
pathetic effect on speculative senti,
ment. Reading, the Hartman stocks
and United States Steel were the
leaders II the movement, and nj more
effective leaders are to be found in
the list. The origin of the buying
or the motive OF 1t was not discerna-
BILE. the days news offering nothing to
change strikingly the position OF az
fairs. The United States Steel state
ment OF earnings for the past quar-
ter was Of favorable effect and that
stock was conspicuous in the days
strength.
Foreign buying in this market was
an influential element in the days
market, the sentimental effect being
considerably beyond the practical alb
sorption of stocks which was effected
The change Of sovereigns in Turkey
also known to have occurred yester-
day. was taken more account OF today
Continental centers bought stocks In
London on account Of the Turkish sit
uatiOn, and the effect was passed on
to the New York market.
There was brisk movement In the
Gould group OF stocks in concert. and
this was taken to indicate an organ
lied market support for those stocks.
based on suggestions that the plan
for financing the needs OF those prop
critics for new capital was being ma
tured. Reading was more responsive
than yesterday to the prospect OF an
agreement between anthracite opera
tors and miners over wages The Rock
Island group was helped by favor
able showing Of earnings for March.
United States Steel sold within
small fraction Of the highest price
Of the present year. The gains OF
the day were scarcely at all impair
ed by the late profit taking move
ment.
Bonds were strong. Total sales. par
value $5,96S, 900. United States bonds
were unchanged on call.
Total sales today 748. 400 shares, in
Guiding: Sugar. 900: Norfolk and
Western, 1.1OO;' Reading. $4,000;
Union Pacific. 7S.lO0; Chesapeake
and Ohio, LOO: Sloss-Sheffield, 900:
Southern Railway. 600: Southern
Railway preferred. LOO; United
States Steel. 1890: virginia Caro-
lima Chemical, $500.
Amalgmated Copper ....... 06H
American Car & Foundry ....'.. SOh
American Car & Foundry, pfd ..112
American Cotton Oil ....... ~. Ssh
American Hide & Leather, pfd 40
American Ice Securities ....... 3S%
American Lnseed .L... ..... Ion
American Locomotive ..... go. a5h>
American Locomotive. pfd 80. .l13h
American Smelling & nefag :. Ssk
Amer. Smelling & Refng. pfd ..1O5%
American Sugar Refining .......1Ss
American Tebaceo. I'D 80. 80. SSA
American Wooden ....... ..... 34k
Anaconda Mining Co. 49,. 80. ASH
A;chisoa. pfd ..... $500. ...l0SA
Atlsn<ic Coast Line ...... .....1ze
Baltimore Z Ohio ...... ....- IAN
Baltimore 4 Ohio. pfd 900. -. ssh
p, ,oklyn Rapid Transit ........ TN
Canadian Pacific ..... ........11SS
Central Leather. pfd 80. ......101
Central Of New Jersey ..... 40
Chesapeake & Ohio ..... -. 76k
Chicago Great Western ........ ~
Chicago 4 North Western 49,. 1874
Chicago. NIL. 4 ST Panl .,.15OM
&C.. c.. c. 4 81. Louis go. 49,. TN
Colorado Fuel & Iron ...... -. 30
Colorado & Southern .... S3%
Colorado 4 Southern. LIST pad SIN
Colorado & Southern. 2nd pfd so
Consolidated Gas ..... ..... 18TH
Corn Products ...... ........ "a
Delaware & Huds-n ...... ...-.iS1
DsGver & Rio Grsnde .. 80. s2h
Denver Rio Grande. pfd ....... SIN
Dsti!lers' Securities . .... IS
Erie .... ....... ......... 3ex
Erie. Is; pfd ... ..... iSA
Erie. End psd ....... ..... BIN
General Electric ... .... .I51h
Great Norfhern. pfd ...... ....14&h
Great Northern Ore Gifts .... So
Illinois Central ..... ILLS
Infesboroueh- Met ...... .. 15s
INTERIOR ugh- Met. psd ....... -
international Paper .. .... in
linternafisral Px,er. I'D ... s5A
International Pump $500. .... -
Iva Centra! . .... 81
Kansas City Southern ...... -. 45h
Kansas City Southern. DID zee. TN
Louisville & Nashville .Issn
Minneapolis & ST Louis ...... 81
MINI. ST p. & Sault 81. ". lbs
Missouri Pacific 70