Show II IN HE EAST EA f Violent Violett for ts Record Market s a I Fluctuations TRADING IS ISIS S HEA EK IS THE MOT AcTIvE zm EV 1 t i I York J 1 will Ill O 0 th the r rev H Hj c of d 1 1 W l a as o ONe fry becOme SO havo I j I I s I Speculative sentiment nt f r late I n fl the bl chip Chi u IrS s which have so ItO frequently re realised 1 aimed alli wide and excited 1 stock ck of oC stockS group up in some or 1 i ted by IIO f i I I were of some somei r rI or l a i rumor T I r Ty local trac traci the I fit To Tosy It H was W i The Or er eri Manhattan led It by i I e rup UP made it at atI itU tOCk of this i 3 r violence of the nw mo that th the U i extent due to the theon theof to a large aM ai Interest t which abort on of If II a distress on the a ahi ad M i acute hi h raTTled carried th the tock stock tOC up v i vil iI 4 I relapse P of J a aThe ith il h a subsequent sub I The sudden advance in the lo 10 lon loI taken of or n was advantage Id II I the v HaY eaVY aU all through I yd id 1 when hen Manhattan itself g pv gave w i II hoe market broke rather 4 r with the result that the ems cloa x ii i i weak eak and with net neti rt i 1 i dominating over gains gain gaint I an and an as ast t rh i 11 arl market was t under the Influence c the Delaware ft k Hud Bud if nd i 1 I u III i IN arce in and the large and oon eon tit 1 i Jend in n that stock a an and uti buying i anthracite group On 0 of If the n w with 20 opened wide 1 ha hars us selling s lIIng at from ruin 36 3 to So 35 t ta this t a the top pr oe After t tile 11 I mo movement ement invited by the 1 lIin ms tile the bulls bolts rallied rall the forward ww new and brought k t nt f strength The coale Union t r Baltimore A Ohio Obio th Ute the PU ran ij d 11 ti plate and a number of oC to low lowI 1 I oad road stocks had periods peO of Hit Minneapolis A 0 St SC Lc j i t and the preferred OM Ute the movement realizing realising III I t th h ute Itte I I special weal weak e developed j jn s i st I K ts ih t I h tears tarM of a war of or n Il the trad l I I I 4 n 1 the he I great lIITt at powers in Nati ll lube Iube and Steel A I WI WIto wite to 11 1 bi h ke 3 U 1 The reaction in Del Deli DelV DeIa YI V U i u faun ison wan as National Lend Lead t 6 and American sold iI d th the la t tt 1 t U lt of 1 l 10 points from fc T s siU I Jt i t e line sate sale It is III practically the be bennt iU F 1 I that next week will aill ill see of f gold exports and will reach r ch chI lInal at that the movement 1111 I II 1000 WO to It wa wai was i d 1 in Wall Wan street toda today that ar IU arnu arI I nu had bad alread already been made for forI forti I I ti h hu ment of a considerable amount i 11 Wednesdays s steamer Week W k Surpasses All ML Records 5 i in it W to in n stocks the past wee weeL week L t I L el d t all at 11 previous record lol Voi trade of f fI mK m the th I u I lay lav and Saturday ot ut last week In hi h reS hOd the highest for fort or ori oriU t i ill iU du ia ily s trading and atur la it h the ann aggi ales 0 on M l tY were erv re lifted above th iHM N shares level f to the first Brat time i 1 ih i history h t r ol of o the New e York stuck stock 8 k 1 hange ha ng t the great bull mar mart mark k hd t 4 f r two mo years ago CO in which marI the Ute Ii 1 I Industrial Indu trial storks stocks made mede madei i lit hulk bulk of the roe f trading the he present ik h 1 1 t r I distinctly one InfO of f railroad K 1 I and rt the industrials play an In Ini I i n F tnt part Dart The immediate m ni 1 ic 1 use uS of the rise Is the growth 1 rl 1 of interests policy F i he h railroads The purchase of 1 Coal eoal t oal company for the Erie Eriel 1 l I urt U F ham haae e of the Central railroad of of N 1 Jor Jr tY v for the Reading Rending the ap apI I u I in IF I i in 10 the th Irie rie directorate in ini i nit of f f interests that l ln lIn I 4 it I n rivals in the railroad field neM n th I h northwest t the acquirement of I i 1 Paul ui stock bj by b J I 1 J 1 Hill of o the therit i r rit a Northern are the ron rt facts fact i r mi m ii hi h is inferred a general u nn M f r this polio policy poli among railroad in ift ini I Tret i t rumors nave have circuit I t it d r f other er ITans Tans Tana in lit of ex cx II F rut tut these thene are ate the only well wellI i I I developments The im 1 n tin F it nn of oC this development as the 1 i 1 i the latest step in the M f the railroads of the country count b bi by bring I i 11 ring ing maintenance of freight tel ut rates rat n be understood by a compari 11 ns in the with withof h of r a 1 few years bears ago aKO Then there therea a i p tv general Iral condition of F I i I and wreck among the rail rall ralls railI l I s f the t country cOuntr The problem m I i u was as s complex and I inde d indent edness was 1 un Uh u ul IL IK both l Ii by reason of unscrupulous t n f capital Issues heues and the high hi II f tk n and material In I r periods The construction ft Mim in many cass al a 5 ts as s to keep kee i F f u ii il oat ost of and re ic rel icI UI l t I lit a 1 high hip level leel of expenditure q ais an reaching rc the point of ex CX ext t n 1 had brought the level hovet of ofF hI T lies IttS F down to an I 1 the structure and equipment equi ul t ids made them dnn I n n ms for tor cheap cap transportation r he growth r n of freight business bu ln I 1 l It v the th t C low freight charges che cha chac c uld not he be taken advantage adan Chanco Chance fur for Vast Tut Profits 1 s bearing ng upon this thin obstinate t rehabilitation that thaL i F li Iy v of of ln In I 11 is great importance An in inne ne tenth of 1 I cent nt in I Ifor the narge ni rge for transportation of a ight one mile would increase inc j in the country maiv t liars i every year Thi Thic I i ii i indication of the 4 avan avanS road Flad stockholders S ot of doing 1 g and secret ecret re C i t is III believed u 0 to be beI assured a i sf Ir fisio of ot interests l ln among n IK Ic and connecting railroad ral Q fa fite F t of speculative inflation action does d not alter the t IF in conditions t rOVed Moved I ted tile the incentive I the for the 1 I for bonds has bas been large lax Jar Jarn p pana n i ana ans commensurate com with i 11 ir lr ii level of value alue has bas been beeny tely 1 y known kIlO wn b by reason rea of or o returns United I funding fund advanced p per r all ail price of a week ago agu Bond Quotations I es N I C I l g C X A f g I OrE X N t Is i iz UI z f Annul IIO Se It I III I i g lsd yen I is ti t S U L A iron at JI 1 c iri s I 1 ti leral 1 V Vt UIt I on l I t 11 It 11 y p P m F I t Pac ac 4 I I of K H Ity Se Lu SeT 1 1 F R Twill 10 I 79 T i i Jo A Pit Pm 1 1 I I IT 0 1 i j nt lii T j jT 1 h a T r W Wi 0 t 4 is 11 Y F h f 4 m nt is ia isi v a S Stock StockS 3 t i I i Ld I H a i hio Jalo 14 e t I H I IL r r j I 1 F r i 1 L ir itri 91 i tiu l I r S Express c fe a I t It tt tsi 6 e Fai t td t N N Nt W 14 4 mi mn Co COt t J st V d 4 1 B Br La h hIl Lac c r f i Nt L 77 A Ann Aran A m Cato Il a preferred Loci lilt tarred b S ft It R It tl id d preferred r frred 11 a Del Det Hud it mn Spirits I j L I vv l 1 17 V U R B C G I Steel H U HI z Preferred 54 I Preferred 15 Erie I 3 j S W Wi V It A 1st preferred i ir f 87 Ot Gt Nor Isor pOd ts Rn Tin Plate lIt Coal loal IS 15 i i P preferred Ut tn Hie Itt lt Hit IO Iowa 1 Ana Uta Co 17 ht Brook T Lae lAIe It K W WT Colo OIO F P I J 65 1 Cont Coot T 4 n i L re sau Sho s Z 9 Louis Louta A Nash Mash w t Federal Steel teet Manhattan L 11 Met leL eL St aL t Ry y I 4 J Hex Mci Central 15 i Glucose SUgar otIA Minn hinn It t L LI i Pr elen I I Preferred li lee tUli Intern 1 taper raper l MK Mo to M sli Mi Preferred 74 L Ohio O t I Gas a ii iii s st MX t i K K A T its ih Nat 4 J 4 Pr Preferred K I J 1 Central C 11 li 1 Nt Lead N Of X Central Cenal Cell lil Preferred Nor A W Wyo Wt West 16 L Nat Cat Nato Steel Sisal vis sa a Preferred e yo No Of PaCific M SI N Y V Air Jr B I tf North Ann 20 Ont OItt 4 West l Coast a 8 0 Jt L h l 4 i 1st pr preferred f erred d Preferred 5 9 N Ji erred 67 Pennsylvania pen YaDia u 11 ta nc Mall Mail JO 40 JOe Heading 35 l f people i 1 G Gas s Ml 1st mt preferred e rr d tl 3 f Pr s a Se St Steel t C 42 43 d 45 48 reelecTed Preferred 79 H R G C W A ni Pull PitH Pal Car CarM 11 red 92 r Standard Rope Bone at 0 1 L 1 San f t F Twine 4 Tit lit preferred 99 II 0 Suar r 1 M 20 preferred 1 Preferred 11 U St tit L I S W 33 Tenn C I 1 IU 1 is P PSt red U S Leather Le Ut 12 11 St tit 1 IW Preferred 76 Preferred P 1 U S Rubber isS n nf nI St fit P ft O OSo I r fe fek feSo So Pacific f 43 West Union k So Railway 14 11 Amal AI Copper S G 11 Rep ReIn I T t S 15 T l lac 1 Preferred 61 CL CLU U Pacific f P C C St 1 I 54 It it 1 12 Total 1 Preferred |