Show 4 BOOM IN STOCKS ON WALL STREET Settlement of the Coal Strike Had Magical Effect PRICES ADVANCED AT ONCE I GAINS NOTED THROUGHOUT THE ENTIRE ACTIVE LIST I I II i New York Oct 16 The formal an announcement announcement that the tha coal miners representatives had resolved to submit their difficulties with the tho coal operators to a aboard aboard aboard board of or arbitration appointed by b Pres President President 1 dent Roosevelt removed any lingering doubts that existed In Wall Vall street as to the possible hitch in the efforts to bring about a satisfactory solution of the mat matter matter matter ter With the removal of or this long lone lon de do deferred deterred factor as a market Influence spec speculators speculators speCulators began to figure on the beneficial I effects on general business s that would follow the resumption of active mining op operations Operations News from the anthracite re r clan clon indicating that the miners were m un Jubilant spirits over the prospects oi or O speedily returning to work was greeteS greet with great satisfaction as was the state stale statement ment that the mine operators were iu ik I ing preparations to resume r ume work on a large largo scale Advices from abroad that the situation was viewed there with great cheerfulness intensified the optimistic feeling and caused heavy buying of ot the tho general market London found its saris satis satisfaction faction over the outcome by creating a strong trong and active a market for tor American securities there and supplemented it with some lome large buying orders here Prices opened with a rush upward u ward and huge blocks of stocks were bought at ris rising ing prices The opening in the was Wa wild and there were shares of or Pennsylvania Penns purchased on a fractional trac spread Initial gains were welt well over a point throughout the active list and alter after altera aU r ra a temporary setback the rise was re renewed renewed renewed with vigor and advances of 2 and even 3 points became numerous The buying movement embraced all an of the usual favorites and at times was heavily centered In various groups Per pir P i In the Pennsylvania group TIt The pronounced strength of the market brought out the usual crop of ot rumors rumON regarding re regarding 6 garding special stocks particularly No Nor Norfolk folk tolk Western which advanced 6 points to toSO SO on reports of ot an Increased dividend Much of ot the heavy heaY buying throughout the list Hat was wa credited to a heavy operator who has recently returned to the street after afler an absence abroad After the first burst burs of enthusiasm over the I aap ap apt t tot of ot the coal strike situation the lie street be began began begas gan gas to regard that incident as IS a sec secondary secondary factor in the market and an com corn commenced commenced to discount the expected easing up of ot the monetary situation through the rumored purchases by b Secretary Shaw Nothing definite regarding this developed during the day but there were very many commercial accounts touching the trans transaction transaction transaction action It was reported that the amount Involved would be about 1500 which would be tendered by a syndicate on sat eat satisfactory terms Room shorts showed much concern over the heavy absorption of ot stocks aud and cov coy covered covered ered pretty retty 1 extensively m in many of ot the leaders The lh market at it times bowed owed some hesitation h while was in progress but where this process en was go 10 going o ing on the effect was largel counter cunter counterbalanced counterbalanced balanced by heavy buying at ohr points Monetary conditions today were more favorable to borrowers and there were wert more liberal offerings of 01 time money below recent rates Prominent features la In the tho days move movement movement ment mont were the Pacifies Pa Ia Louisville Nashville Sugar Illinois Central the tha coal stocks and Ud St Paul l aul The latter was marked above ISO m on a revival of ot reports of ot closer with Union which stock was vas also conspicuously strong Trading was in immense volume in 10 the closing clo ln hour and there were many blocks blacks of a t shares hur s sand and upward taken one block of ot shares o ot of Norfolk J Veaters changing bands hands at so Prices all aro were quiet generally generelly and the was very v ry and strong The T bond g market showed pro pronounced d t p in 1 rI with h stOcks s Total sales salts par value alue united States new coupon CO advanced A per cent on the last call Bond Quotations U II S ref F W D C 1 1st U S ref reI s is Hock Val 4 coUP L I N Un U S So Ss M C 81 V VM U S 35 coup 1 M at L C 1st me Inc 29 U S new Is M 14 f St L 1361 M r K T 99 99 TJ U IL S new M K T 82 coup N x Y v C r inH U S old N Y 3 C gen U S Old 4 3 s couP N K J 1 C C gen U S Sa Es N P U V S Sa Es coup N P 33 Is 3 Atch gen sen N W V con Atch 48 95 Reading gen 91 37 B B O 0 i St L 1 I 1 M MB MB B Sc O 0 3 s S con eon 58 53 B O 0 con St L 1 S F P Can S 45 C c of ot G St L L Sw 99 C of G 0 1st inc Ine 78 St at L 1 Sw 8 C O 0 4 S A A P Is 8 C A A s hi fI So Pac Pan 43 b C B Q new So RaIL RaL 48 T P C M U St P T St at L L W wen gen cen en 4 m 79 C N con U Pac 4 1 H HU C R H RI I 8 P U Pac Pan con C C C St L Wabash abASh I gen Iten s Wabash Suds Chi Term 45 Wab deb dab B 82 8 Colo Colw S 91 W Shore D R B G 45 1 0 W L E Is 92 9 Erie pr lien 45 95 98 Wis Cent 92 9 11 Erie gen 45 85 Con Tob 67 Stock Quotations Atchison 85 89 So Railway 38 Preferred Preferred Bal Ba Tex Tax Pac Pan 44 U Preferred 94 T St L W 2034 29 Can Pacific l Preferred 41 44 g Can Southern 83 Union u ep Pacific lOOk lM Chee Che Ohio 53 Preferred 90 Chi Alton 37 31 Wabash 34 Preferred H 74 Preferred Chi Ind lad L 78 W Lake E 75 28 Preferred 10 9 Second pfd 33 OS ISChi Chi E B Ills Wis Central 27 2734 Chi G 0 W IV lOts 30 Preferred 52 A preferred 84 81 Adams Ex B preferred American Ex Er 2 O OChi Chi i ir United States C r R H I P 35 Chi T T 21 1 Amaler Cop 5 69 Preferred SS Am A C F C C C St LiOl l Preferred Colo Cob Southern 32 Am Linseed Oil 20 First pfd iS S 3 Preferred S 48 Second pfd pM 45 Am S R 46 DeL Det Hudson Preferred 94 Del L L W 63 Anac M 11 Co 90 D R B G U 44 B 8 R It T Ct 60 3 Preferred 91 Colo Cob F I 83 Erie 39 Con Gas 2214 First pfd pM 67 Cl Con Tob Second pfd 53 G Gsa r nM n Electric let J Great N pM Hocking VaL Vat 23 3 Hock Bock Valley Int mt Paper 19 Preferred 91 1 Preferred 72 Ills Central 10 Int tnt Power 71 n Iowa Central 41 U Laclede Gas 90 Preferred 78 75 Nat Biscuit 46 Lake kf E B W 58 Nat t Lead fe 23 20 g Louis Nash I No Na American 12 Manhattan L Pacific Coast 77 Met et St Ry Pac Mail 42 43 4 Mex Max Central 2574 Peoples People s Gas 1 Max Mex National 13 19 1914 Pressed Pr S Car 68 M St 1100 14 Preferred 93 92 Mo o Pacific Pullman P M 11 K T 30 Rep Steel 21 1 Preferred 61 Preferred Thi 78 N K J T Central Centra 1 Sugar N NY Y 1 Central Tenn C I INor Nor West 73 79 U ti B P Co 1334 1312 Preferred 92 Preferred 71 17 Ontario W 3 U S Leather H 11 Pennsylvania Preferred Reading 65 U S Rubber m First pfd 87 87 Preferred So Second Se and pfd 78 U C S Steel SL St L I k S F 75 79 Preferred 90 00 First pfd 82 g Western te Union nl 91 Second pfd 73 75 Acs Am Loon Loco 3 St at Paul 1110 Preferred d Preferred 66 G 2 K C Southern 35 36 St L 31 Preferred 57 51 I Preferred So Sn Pacific 72 Total |