The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-10-09
LATEST GOSSIP OF THE MARKETS
FINANCIAL NOTES

IuNAVNkAA NO1EO
New York wire to A. w. Thomson eom-i
pany: Preference to long side. especially
on moderate recesstons stin seems TO ouri
there are aFrayed on Constructive side an!
element which will become rather aggres-
sive as soon as money conditions VIII per-
init expansion Of loans on larger scale
An Erie s,iiroad ,poste. says; To emil
pioyes and the public: When the faliroad
Wall street summary:
Interstate commerce commission ccm-
n1sns in sns and short
Supreme court meets Monday.
Bets made four to three on John A. Dix
III buns se' review says trade reports from
leading cities almost without exception rel
Meet an Improvement In sentiment as re-
Bradstreets says demand fairly good but
buying continues cautious. ...
Daniel Guggenheim returns from Europe
says he never knew a time when consump- i
tion of copper In Germany and England
was as large as now. /
Banks lost s5.l67OO0 on weeks currency
New York stock exchange total sales Of
to dae ,ns sb.res e
the corresponding period last year. !
20. y o bond sales to date this yea ear s4 S
for SrV the sam. a eI peEod last W', Year
There are many reports in " VAL ,l,s street
Morgan interest is absolutely noucommit-
tai. Those who would speculate are try
the market will be, up or down. I!
Texas oil. the Gates company. sold at
1s4 Friday. making ~ points break h,, from
point lower than at which II began its
career ten days ago; The deGli, ,s was Is at a..
export prices. The selling was In moder-
ate lots and regarded as unimportant
ties Of 1911 for the important railroad;
traction. industrial and miscellaneous corr
shieh 4 IS IN the raiiroad
traction list
Movements Of loaded cars over the roads
comprising the New York Central lines for
the month Of September. 1870 aggregated
LOADS an in s,s ever the same same
crease Of 2o2f2 cars. while the Big Four,
showed an increase of IS .397 cars. .
association for September shows a reduce
ton Of .O,0St531 pounds in the amount OF
copper on hand. The production of the
netnl fell OF about 100000 pounds in the
last month, as compared with the produc.
ton In August. Domestic deliveries were
100000 peMn DDS lower bu. exports, I'M
the mouths operations the stocks Of cop
per on hand dropped from S,SSl 900 at
the end Of August to 14s,7S3.Oo0 at the end
1t is expected there will be further re-
duction in output during the present
month.
aud bitter warfare between Standard on
and .l, their foreign eompssitors London
transport c6mpany with saoo.ooo.ooo capital
ia invading American territory though
Already the price Of oil has decreased I
| cents gallon in England. The Royal
Dutch company and the Asiatic company
claim they are controlling 65 per cent q
the petroleum trade in Europe They admit
standard oil controls like proportion oi
I, in New York: Foreign OIL companies have
Standard oil company is losing bushes |,
| in consequence. 1t is realized that unles /,
| something is done exports will continui
petitors. they can sell oil at any pric.
agrseable and the Standard will do tina
| same The latter company is determined
10 cuiid up business abroad. and will Il ,
| so irrespective of profits. Naturally earn.
fnSs Will be affected, but this cannot b !:
for the extraordinary Increase in petroieul.
production"
Gross earnings Of the Peoples gas. light
months ended Sept. 30 are reported to n'l hs
about 10 per cent. more than those OF the
corresponding period OF 1909 "
The General nie.ors company has twenty
$50 900 preferred and sis44o, 40 eS.n %
SEQ preferred and s1s.si5.3s3 common
The Buick ~ motor mot company has out.
common stock, OF which General motors
iowns all the common and s40S, pre-
ferred. 1t also owns all the 81 100000 out
icompany, the 81, 1872 200 outstanding stocks
,of the Olds motor works. the $685. 600 stock
1 the Marquette motor company. this
o@pany sss2 20 eemmon an stor a0' Of the the
otal outstanding 5000 preferred and
,pany sss4so Of the r ndns sa $4,000 1900
iall Of the $4,000 stock Of the Northway
Iihe seoO.o stock Of the Elmore manufa g.
turing COMPANY sa7422S OF the s4sl 200
lpany. ali Of the $4,000 stoek of the The WEIGH
company OF Detroit. $4,000 of the ST.
tesa Of ., the Mssso ton motor
randolph motor car company, all Of the
i224 900 stock Of the WEIGH motor car conn.,
,pany Of Pontiac; all OF the $4,000 stock
Ipf the Jackson Church motor company, ALI
lof the 100000 stock Of the Michigan mo-
tor castings company, $4,000 Of the
company. $5OOOO Of the 81 100000 stock Of
1.-The Michigan auto parts company, all Of
company of Michigan and S133.0OO Of the
;s2oo.000 stock Of the Oak Park power COM
tpany.
the company with about S23.00o.O0Q cur