Show FINANCIAL and COMMERCIAL i iBY BY BT THOMAS THOAS C C. SHOTWELL As 7 As reported ex exclusively ex- ex New l-ew York c. Oct 27 in this column tho the steel teel trust truel earned net net for tor the tho third quarter of oC 1908 These earnings are cun con phenomenal when conditions are rc that tho trust Is B sl They mean Its Us dividends dividend nd than going to earn morO more They The of or depression even In this year dr mean menn that tho trust Is 18 going to earn fl moro more t than an they over earned Tho truth about the steel stoel trust company is Is bo bo- coming known As soon fiS natho th timo trust Fuel i Iron w t tikes takes over tho tIme Colorado r M Is eol said eald l to tobe tobe tobo compan wh which ch H. H C. C Prick that be bo rounding up In the c market for tor control of or great gleat ore ou-O control and gets ets Sheffield company deposits of ot Sloss which It must do soon as a a. mattei ot oI good business 88 tho time trust will bo bl In position po po- po eltion to dictate what it wants But conditions aro are tho the trust Is supreme supreme su SUe su- su preme end encl tho the official proof of ot its iLS strong position furnished today must I necessarily cause a a. fresh tresh advance Ini In Its Us I stock Thero are aro stocks In WaH street reet worth much loss less than titan what the they are arc I selling for Cor A company that can n maJ make e ono ouo or ot Its us products product th the basis of or a now nots' mone money tent tem as tho the trust has made mado tool stool rails rans the basis on a n ratio of 28 S to 1 deserves to have Its stock sell at almost any fig Og- ure uro that pleases tho the Insiders Owing to the thc strength of the stool steel shares th the th other metal stocks are very easy to advance On revival ro today of oC the rumor that the time trust would pus pur purchase pur-I pur chase tho the Sloss Sheffield company compan tho timo stock of or that cone concern rn advanced moro more I Ithan than four OUI points Republic Iron Steel also showed signs of ot a a. han AhaI share Idono advance ad advance Id ad- vance ono In the near future Companies clo closely ely allied wi with th tho the steel concerns wore very cry strong Union Pacific was tho the leader in the railroad list and made a 0 now high h record for tho year and dragged ged Southern Southern South South- ern n Pacific also to a n new non high record price St. St Paul Reading and Pennsylvania Pennsyl vania w were re very vely stron strong Street talk lIS is isto lISto to tho the effect that tho the Union Pacific in Its forthcoming report for tor Septem September b r. r will wIn show a remarkable Increase of net earnings due as much to an increase e of gross SToSS as ns to a a. decrease of or operating ex ex- ex Directors of ot th the Wisconsin PI Central have decided informally to put the preferred pro pre forred stock of that company on a n four per cent basis early In November Novem Novem ber bor Tho The Alton Allon also will probably get getan getan ct an advance in dividend and time the street must roust control its Us norves because the Gould shores shares really are aro going to be moved Copper stocks S are arc now In good de do de- man mand 1 In Imi the MIC Street Tho number of stocks sold old today were T against time the corresponding correspond correspond- ing ns day a 0 year oal ago Tho The par value of bonds sold today was ivan the tIme corresponding da day a ut year rear ago RO An officer of tho the Northern Pacific railroad was quoted today us as having said that the tho extra dividend would bo be paid pair to the tho old oM in Dec De Do- c cember The money Is to arise out of oC tho tile Burlington ton deal doal Payment 81 01 to the old stockholders is do- do fended tene on the ground that the deal was put through h With sith their money mono and corn com pl tod before time the new stock was of- of of ot- to the public c of Price Quotations received over over- private wire wiro o of Tm Tames 8 A. A Pollock Co bankers and brokers 6 G West eRt Second South street I IL I L. L I CIs r Am Car 1900 Am ni Smelt 92 93 17 Am m. Loco 60 60 50 50 60 2 2100 2100 Am Sugar 1353 1333 l' l 1000 Alton 39 OO Amab Copper Coppo SO soi SO SO SO SOS I Ann Ammo Copper 46 46 Atchison O t l 1100 B. B and ami O O. 98 93 B. B K It Trans 50 49 j ri 50 1 1100 Can Pacific 17 C. C an and Ohio 13 13 I I C. C M. M and St. St P. P t l-Iza l 1438 IS f. f C. C P. P and I. I i 37 JH 73 oo ool J l iIo I 0 31 12 H Con Comm Gas 1449 1421 1 J 3 SOO GI Gl Gt Nor p f t rife tJI in Ill nr Cenit-nr r rL 40 40 HO lOUO I L L. L ami N No 09 Oo Mo Pacific Pl 57 7 56 56 Gi 1600 1601 M. M K and T. T 11 Oia 31 Preferred GISt H GH JOO OO N. N Y T. Central 1063 2500 N. N Y O. O and W W. IU 41 N. N and Western 75 i 1 00 Nat at Lend Lead 1 I 84 SI I 84 SI 2600 Nor or Pacific Pennsylvania 1127 Peoples People s Gas I 96 oad 96 Rca Reading Rock noel Island 20 w 1 19 1041 fl 11 1 1200 OO Preferred 46 sli Rep ep I. I anti ami S. S 4 I 23 I 24 I 2100 So o. o Railway 22 2 2 22 I I 2261 23 U So Pacific 33 SOO Union Pacific I U S Stool IS ISIS iO 48 IS I S Preferred 1110 2500 2600 Utah Copper H I 1321 Tenn en Coper 4 HI II U 41 Ii III Money Ioney closed 2 15 per Ier cent Total sales rales |