Show RGE I BUYERS UY RS OF STOCK 1 Active A e Manipulation n on the j New York Exchange I ADVANCES ANCE A ARE RE G E RAL EXPRESS GI iE MONEY MAT MATt t t New York April AprI 13 stock market was v highly professional and ana aa unde active manipulation all 1 through the session s Broko nI been bean active or r the te bull bulE leaders l eder of o tha throughout the recent S speculation ton of movement were the largest buyers buyer stocks and their operations were w re es ez especially e conspicuous C in Hock Roc Island Ilan sugar bugar ugar and nd the Atchi ns La Lae e buy buyIng buyIng buying Ing orders order were te In the tho market at the 5 evening pening and caused advances in n which Rock Island the Chicago Ter Terminal minal Transfer stocks stock Peoples Gas GI und md Consolidated Gu Gu Gas were the th leaders l r reat at confidence was wa professed over the tho future ot of the money m ney market and the buying was vas said aid to be in tn anticipation or iZ a bank statement tr The strength was waa wa very general in the thee k e railroad J list Burlington und Northern atra both moving upwards The Th States State boh Steel stocks stock recovered Amalga Amalgamated from tram yesterdays depression 1 mated Copper was active a and strong und Sugar was moved moed up 3 points and Ind Colorado Fuel an extreme 8 point poInts fi hM he wag waa WD a u rood t od deal of at selling on ont oni i t the he advance ah nce and considerable con reaction had Iad occurred when wh n he the bank ank statement Keck island l upwards after iter the publication touching te and falling back ack over a point pint and then thenn n r covering coring under manipulation to 16 before falling back again The stock stockS taing agin S closed at a net gain gin of 3 The 15 ugh high lose point pit was waa wa the tu record price for for the stock stok under the present capitalization und the fact fat that the stock crossed ere St StPaul StPaul StPaul Paul was v also alS made the t e subject s of ot o in interesting comment The bante state statement ment was Interpreted as ss favorable There as ea a an active selling movement Thre z ta profits on the advance antI and and the closing was WR irregular and nd below blow the th best all around aroundS S let The al stock market has been be feverish S und end ud nervous at times during durin the th past pat week and the selling pressure has overborne the demand several times Ure resulting in sharp sha reactions On Mon Monday Monday day when trading was resumed after the t he three thre days holiday the market took on 01 an appearance resembling ce Ie S moralization and prices crumbled in a avay away aay way vay ay to t alarm the long wai ted bulls buls and in fact tact cost them large profits by b wiping out margins and forcing them to t liquidate to stop the loss The Tile pow powerful powerful erful speculative pools which have long ruled with ith a a strong hand seemed to toMa Ma lost control completely I But Bitt the later events of the week pave gave ground gound for lot the suspicion that the Hurry on Monday had been in the na nature n ture lure of or a shaking out of w wak ak hold holdings holdS S ings which constitute an overhanging threat to an nn advance These weak neak holders were the buyers buyer of ot last week to t 1 whom the th professional pools sold Mocks In tn the period of ot excited specula speculation speculation tion and were thus in a n condition to tot t Ff a 5 a reaction in prices price with compla oncy pney nd That they were willing to buy at a lower level that thel thel re resources sources for supporting the market and andr r r prices were not e ex hausted bausted and that these manipulated advances e haU hati hal lost none of their power powerS S to t attract excited outside buying was abundantly by the later ater Ovanta van Us of the ek k S Record prices price were made for some of the mot most prominent stocks including Burlington Northern Pacific Erie Erie the theS S Northwestern stocks Texas the n Amalgamated Copper CO r Electric and fome ome others other It has lIUS long been b be n evident that the upward movement Is not at all al governed by news neus Neither last week nor noi this eek has hiis h there ther been any news bearing upon the th stocks most affected beyond the toe constant reiteration of already dla dis v and threshed out rumors The Turlington deal the Southwestern railroad merger melr the consolidation of c upper Interests and and other othor unconfirmed and In some seine ases a contradicted asser ions t I ions have lav formed the stock stok in trade r the bulis as fH they th y have for tor some time Ume 5 past pasi Tle Tle good g news new seems to be all alli r cut ut for T Ute Ule ie present and it II lI is a maxim al ith i th t trader In wih stocks stock stock that this I I aU ns s her here are ar besides several s tiU t im features atur in the prospect I Chief of SN these thel is S a the money outlook With the e M of New York banks loaned limo up to the limit of their reserves loane ther are ar several forces force force of ot depletion on en th the reserves themselves The rhe inferior cities are making their seasonable de mands on n New York for cash The tk tak tak Jn of the governments large surplus revenues is drawing money mon y constantly constanty S c ut it of ot New York Yok banks ban and into the The outgo of ot gold from hE tIE country has been ben suspended this S ek k ow n to the tighter rl y market In New York and the theor theof or ot the London market maket by hy the tu V ment there of government p n l i put iut u t it i remains to be seen h yie preparations pre for tor the taking up p of Cf f the new iw of con l which Is r f x U in the latter aUer part pt of the win will wil not renew the pressure 1 pr New Yo Yok for gold gol goldS S Th n the pa Q f ro uncertainties I 14 1 q approaching and an u effect of or the government re ro or the condition of c Sf tn th r new nw crop calls ORUS to the pC dangers danger inherent In this im hn crt subject Wheat advanced and nd the the th grangers declined on the sport notwithstanding the high erge of oft t reported the Speculators peculators nervousness ne over the fhe evidence of or insect damage damageS S But Wall ValI al street has had ha a a sapient saying I that the he way to t but bud a 8 stock Is to buy It I The action acton of the tle market seems to I I bear ear out the te faith of o the speculative I leaders tit Ut so lone Ion As they tey can cn com corn command mand resources rr 8 to buy a stock stok up to t t a sharply haly higher price the country countr will wi furnish buyers bels to t take it I off of their hands at a profit The Impression at a pt prevails previs in inwall wall Va street how Justly justy there Is no way of or coure cur to out that the spec lathe coterie ct which has hu led Jed the te recent advance has ha the te countenance oun and sup support support port t of the bankIng hanking and ana financial inter eats e which have been ben prominent in the great financial ll projects recently con su mate The he purchase of controlling In reM f fit bt other oer properties has hn been nf supplemented by an a isue i ue of o col chase tu bonds to supply the tha pur Jur i course ourse of business that that the Jie e es who sub aub suba sed a it d I for Eese 8 securities should mar ket Icet ket hom Ii m er price is s affected by tho th market t of o oi the tho th stock which w ich forms I t j r security which fich gives the tb bankers hanke syndicates on an a interest In f th hi market price prie of the stocks The Thel l t ru of or the underwriting syndicate of th Lb States Steel corporation ac w ru rl r first in the form of shares remain 1 ins in af tor the various changes under the theS S plan an die an ur effected e t d This is the ground for 15 iu t iw i supposition In Wall street that 1 tte provision P ro J lon has been mado made for to forM i M It 5 ort of ot these in the mar mart mari marter ter i t backed by the resources of the hynd atoM It must be remembered that a n large of ot tHe loans loan outstanding of ot the theS S mw York banks are aro to the various rail riad and Industrial syndicates made up of bankers and anti capitalists who whoa a Intimately acquainted with the af at of the tha money market and pros l movements In It The possible upon the interest rates of the t e Ila na time of liquidating thet the Is obvious Tl ri speculators much of or the proposed plans and I Ii of W ti th t stock speculation from J t haim from money stringency and andt t 7 r I I J this belief widely and rather r ther vaguely held is an important influence in fos los fostering fostering the speculation In the face of some ome of ot the unpropitious features to ie exist in the prospect t tLe Less Le attention has hns been blen paid to bonds than to t stocks and their movement has been 11 gular United States new Is and old coupon advanced 1 and the thc theold old registered and refunding 3 per percent percent cent over the closing call of ot last week Bond Quotations U S ref raf rots 25 N J C gen gas Do coup Nor Pac Pa 5 TJ V t i S Ss reg Do 45 11 B Do W aN N Y C cc ot St TJ U S n n r Ii 45 1 10 Do coup co p UW IN N W V c Co U S o 45 rog Or r Nay Nav Is 11 Do D Is 48 IsU un unU I Do D coup U S Ss 58 reg mO S L Gs Os Do coup cuu 1114 O 0 V S K L con can conDIs DIs DIB CoL S r 1 s Heading gen Is 95 Atch gen 4 48 R TI G W y Is 15 Id Atch 4 W WC let 6 L 1 1 sL fl C n SO S con Ches Chas 8 O 0 i iD St L S F FD FD D 55 m gee SMi 09 CM C C it t N W con St at Paul con I 78 7 14 St 51 P C P PC C N W S SI Is isI US I II I F deb dob Ob 58 t St St P C P i iChi hl Chi I J 41 if D to caP fW Cob volo Sd S 45 7 So Pae PIc p a 4 92 D R B G 4 1014 So Ry Erie gen sen Is 48 St R U T 65 59 0 y 11 p W iv V D C Tex Pac Is IsIs 9 Is lot I I Do Gen Coil Bloc 58 Union Pac Pilo 4 4 low Iowa Cant Cont Is 15 IsN 10 L N wit Do 25 M f 1 K IC T 28 87 West Shore Do 48 4 Vis Cent Cant l Is 00 90 N Y C Is 13 Yn Cent 95 5 Stock Quotations S OS t L E 19 A Atchison c I 08 Second pfd 35 PI I WIs Cant Cont 19 Ohio Bat Bait 91 Third AVO Ae m man C Can an Pc no B O 0 pfd pid Tube CeS h ns Chi G W I Amal Copper UI 11 Chi H 13 Q Exp ih V Chi ni md Ind L Am Exp red J 71 Z UnIted States SI 1 Chi A p E F JM Fargo Chi CM A N W cot on 6 Chi HA It I IC pl SI SiS 1 C S S C C S 5 L j 80 in 5 I Colo So 0 Preferred 26 i pd 47 IAm Am Sm 5 Iter 61 Second 21 n Preferred 37 Del Am Spirits Spills 2 Del L W r 9 f Preferred 17 D DR R 11 G 46 45 Vm St Hoop O IA t tErie Preferred Pr ro r 94 Preferred err Do 35 Don Erie 1 0 35 I I Mn Am n St s Wire First I pfd p 1 Gt Qt Nor pfd fd 30 Am TinPlate 76 70 Hocking U Coal ir al k Hocking VaLley e 65 T acco m ills cent 2 41 i i preferred re j Iowa Cent g Ana Anu Min Co SV 51 Preferred f H B R It Transit 55 Ii L B E W w 6 Cole Colo ColoF F P Iron Ir n 8 Preferred vs S red 12 Tobacco 47 41 I L Nash Steel Stew r w it Manhattan L Preferred me meMet Met St Ry ie Gen Gait Electric Electrio Cent Glucose e Sugar 4 49 Minn S L b preferred l Preferred 11 Tnt Int Paper 26 Mo Pac i loa Preferred 79 Mobile 5 Ohio SS Laclede Gas 86 56 M K T at Biscuit 89 59 Preferred 90 00 Preferred Prof erred 96 06 N J Nat Lead 16 N K Y Cent 1514 preferred SS s Nor V West Vest est 6 f Steel 57 7 Preferred Preferred Nor Pac N Y A Preferred I North corth Am 87 Ont Vest West 54 14 Pac p Coast 53 aS Ore Ry Ity u Nay Nav 42 4 I First pfd W 00 Preferred 7 78 j I Second pfd Pennsylvania Mall Mail S Reading a s Gas Ga lU First pfd pid lb b Pr Pro Steel Car Cur 46 11 Second pfd f 5 I Preferred 81 55 1 U G W W 79 70 pull Pal Cur Car m Preferred lOO St RP R it TwIne 4 St t U L S F Sugar H First Pfd Preferred 13 Second pfd 66 00 Tenn C Iron M bt MSt St L S W 36 u S Leather 13 1314 Preferred to tk Preferred St Paul Iii IBS IU u g S Rubber U Preferred 11 if Preferred 00 St P I 0 Union 92 Ik So Pac Pao I Steel 20 M MSo So Railway l l Preferred 76 Preferred tu S Stool 47 4 I Tex Pac 42 Preferred 95 Union Pac Per p C C St L M Gt Preferred SS 85 Wabash h 30 I Tot lot sales Preferred 11 |