Show GREAT FAITH IN INTHE INTHE THE Union and Southern Pacific Securities Wielding Power Powerful ful Influence STOCKS IN LARGE DEMAND RISE IN COPPER A FACTOR IN INt t SPECULATIVE SITUATION 4 4 t t 4 4 t tW Nw W York Nov ov 10 seat on the thew f 4 w York stock exchange today toda sold 9 A week ago a seat brought f fM 4 l t M t M M H H Hv 4 3 4 H f 4 4 t tork v v York Tork ork Nov Nox 10 A very ver powerful wa a administered to the stock mar marK K ht t today day t In the volatile rise in the Har ripan nin This movement for 10 v and volume of dealings recalled the theof ii of oC the speculative excesses of 1906 1900 i ding din the advance In the Union Pa Par r v dividend from 6 per cent to 10 per perM perIT M ni IT and the initiation of o dividends on Pacific at the rate of 6 G per peru u The ThC meeting of oC the directors of vp 1 companies to act on the dividends va ct i s t for today but was wall postponed nl tomorrow to give Ive opportunity for tor rt upon the funeral of Vice Pres Prea nt ut Cornish of the th Southern Pacific rall rail rallA Y v A t flood of rumors converged upon i t f supposed intention of this meeting in inIard Inard tard ard to dividends and other financial 1 IC f rumors have been advanced many man in tn the past without confirmation ir event ekent Last weeks ks extra distribution n fl Northern Pacific which was as often oCten i 1 nored and as lIB Often of ten lacking has served M I stir up anew the hopes of the realization tion M of Ir other similar The enor flItS 1 and confident absorption of the two harriman stocks today to was taken to cor the th reports of or Important pending ii rue rile most clearly defined circulated alleged an 4 t r tho th mm rumors intended wt issue of 4 per cent Southern Pan fie bonds to retire the th 7 per cent stock which Is subject to re rc I eruption at oi ot to exchange Into com corn comm commin In the dividend m min in stuck stocK An advance stock to 7 cent cents iu al on CC n the common per vas as s an alleged accompaniment of this th e l financing The large lurg holdings i f 1 Southern Pacific of or tte the Union make clear the advantage I 11 i the Ih treasury r that lint I would accrue to that treasury from imia it ir ased e i dividends ends on Southern Pacific dividends for Union Pa Pai Pail ii il i w wire re I hastily assumed from this pos There was no authoritative con of any of these rumors but ih tl were made the basis for many man fur tur i tor affecting those these stocks in th Union Pacific Is a n holder Stocks n fl which the Harriman Interest has been moved up strongly from the th n noon depression when hen the Harriman r began to boom Thi Early earh depression was lS explained by any in untoward development such as the th thi i of or f the violation of the antitrust ld tw h hy th II American Tobacco To acco company ni t to be yesterday The pur p to turn paper profits Into cash was in IT r apparent in the rush to take F or nf th Ih high opening of prices to sell prices backward to th thO w Ut J Then Ilum it 11 was wa that the movement in the Harrl Harri mans came alne to the UtI relief o of the supporters of prices Although the response was wasI strong I on In the stocks sto ks with Harriman Hamman aft 11 the sympathetic movement In the list was as constrained by steady of offerings ring to realize A feature of ot the trading was a number of nr r sensational advances in specialties In Harvester for instance shot I JO points point over oyer yesterdays selling i t II ie i to tu 4 The stocks of this company 1 first listed on the stock exchange In tn June last the common starting at 52 5 ad and ti rising in the course ourse of a month to ton ib n highest t price touched here hErt today Ii wanna Western estern by byi b bi byse i i se e to exceeded ded record of f 3 oj J i 1 hj in n fl May Mav Ia 1906 Some influence oi 01 hu n was was ascribed to the th denial oi o I the th government nt petition peUton for a rehearing reh of the decision against the fine against the Standard Oil company compan An Another Another Another other rise In the tIte price of or copper at the local metal exchange and reports of ex exi excIted i cited buying among consumers rs was a fac tac factor factor tor to some extent The Tha expected Harri Harrt Harriman i man development was the dominant fea feature I i ture however Foreigners For turned buyers j again with the turn tern In international International relations relation abroad The Thedas days con conflicting movements including a final re realizing realizing movement left lert sonio substantial net gains but the small net changes in some of the most important stocks is not notable notable notable able Bonds were Irregular Total sales par vat valee value 64 o I United States 15 advanced i per cent centon on call Stock Quotations Sales High Low Lo Close Amal Copper 87 73 S 87 8 3 Am C F 46 40 46 6 Preferred 10 1 2 Am Cot Oil 2300 J c i 40 8 Am H L 14 pfd pM 2000 2 2 t 7 4 Am Ice Sec See 00 00 25 25 14 Am An Linseed Lins d 12 Am 57 i T CM 7 Preferred Am S R B R 98 S Preferred GOO lOS IOS lOS Am Sug SUI l 1 Am Ala Tob pfd 1500 1300 93 91 91 32 92 Am Woolen Wool Jt 00 O 2 25 Ana Mm nn Co 1720 S 53 I 52 Js JP 2 i Atchison At hlson H OO 95 94 It 1 i Preferred roo 3 ts 93 93 9 At C Line Linc 1024 B Ohio 1065 1034 lOl 10 l Preferred 92 B Rap Tran Tan 1300 52 51 53 1 Can Pacific 1500 15 1774 IT 17 i Cent CoaL Leather Leath r 1500 28 23 Preferred C of X N KJ J 2094 2004 00 SOS S SC SC C Ohio 10 OO 4 45 C G c u 1000 7 7 f 7 Z C N K W 6 2 C M 1 St P 1163 C C C C C St L 1400 t 60 00 0 60 C F Jo Iron 40 33 13 Colo Cob 1300 44 iv 44 We 44 First pfd u 63 60 Second pfd 64 62 63 Con Gas 1400 1 1 Corn Products u 20 I 19 19 Del Hudson 2300 1764 75 D R It G O 32 4 30 31 Preferred 73 3 4 it 4 Dis Sec SOO 30 39 9 29 8 Erie Krie 34 4 33 3 37 First pfd 45 43 47 c Second pfd SOO 25 IS 35 Gen Electric 1200 15 Gt Nor 01 pfd pM 14 14 Gt at Nor Ore ct 73 71 Ills Central Int mt Met Iet 2000 11 10 10 Preferred 32 31 Inti Paper SOO 12 1 ls 12 Preferred 1510 00 ro 8 59 Inti Pump 2000 t 31 30 io 30 Iowa Central m 27 Ss 25 27 K 1 C ro 0 29 29 29 Preferred SOO coo SOOL 64 cw bIf 63 60 GT L Ii I Nash ash 16 Minn St L i 00 l 4 40 9 39 40 Minn St t P S Ste M 31 1 2200 1 IK 15 Mo Pacific 62 4 60 ro 61 t 4 M I K IC T 33 31 32 3 A 4 33 I Preferred 67 T 67 6 67 Nati Lead 5 64 5 K N Y Central Central IH 4 N Y 1 O 0 AA W 44 43 43 Nor 01 s 54 S 53 4 No Xo American 00 73 72 72 72 21 Nor 01 Pacific 1513 19 1497 1 Pacific Mail 1300 1 29 28 25 25 Pennsylvania 4 Peoples Gas 1000 97 97 9 97 P C C St L m o 86 7 P Steel Car 2100 9 39 35 SY 39 t Pul Pal Pal Car 13 2 l lR Ry Rv R Steel Sp 00 45 43 4 Reading 1 Hep Rep Steel oo 27 8 27 2134 27 Preferred 1100 87 57 4 87 81 57 Rock Hock Island Co Z 22 t 22 tee 1 2100 29 50 s 8 4 I 49 S Preferred 2 3 St L S IV IS 20 M O 20 Preferred 50 EO 50 O Wg ro roS S S S 1 I 1900 Im 1 79 78 79 So Pacific 11 1174 11 Preferred So Railway 24 4 II 23 24 Preferred 59 Im 57 57 Tenn Cop 41 41 44 T Pacific 2200 oo 25 25 25 T St L 1 W roo IA 33 32 m 32 Preferred 1000 9 S 8 57 50 Union Pacific ITS liS ai ISO Preferred 1200 1 83 05 w 94 94 U S Rubber 36 4 36 26 First pfd J 4 14 1 r V S Steel 4 54 I H 54 Preferred in 11 Copper 1100 r 5 Wi 50 m I Va Caro Car Chem Chern 5 SS iS 33 I Preferred 00 11 III Hi Wabash abash H 14 i jj It Ht 14 Preferred 32 o 31 West Yest est Electric n 2700 l I 4 01 91 oi Union u O 63 6 C i W TV L i E EVis 9 9 W Vis ills I Central Centra i iAm 1 i 9 4 23 Am T T 2600 2500 i 1 Total sales for the day da shares |