New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-11

per cent and is selling at above H. Burlington
PAYS per cent and is selling at above wv
burlington crossed par to-day. Rock Island
pays per cent and is selling above %. STOCK
market values are not being adjusted TO current
dividends. however, but 10 the dividends or the
future. The announce nent of the ! per cent
extra on ST Paul is only tht beginning OF the
cnange for the better in dividend distributions
and the sooner bear operators come TO reaIiZe
1t. the better for their pOcketbocAs. When ran
road earnings are increasing as at present anu
when the future Is filed with bright promises
Of large profits. there can be no such thing as
sick market Pear operators at present can
make nothing but "scapers'' nronts. as COM
pared with those made by people on the long
side Of the market The bears would like a
break. All they can accomplish is temporary
reactions. Il would not Re surprising II re-
action on realizing sales after the week con-
tinuous upward movement would take place TO-
morrow.
Burlington stock took a decided upward move
to-dar pressing s. Paul closely and closing at
lp0s.. within fraction Of st. Paurs final hgure
Burlington has been comparatively inactive our
ing the current speculation In 81 Faul. put us
movement to-day appeared n indicate that Its
merits are not 10 be allowed 10 remain under
cover in the face - the rapid advance Ut llS
speculative partnere Burlington was once on an
per cent basis. and sold at 1874 in 1871 as
against HE IN the decreased tines OF lN''
Buying Of the stock to-day was heavy, ara X Is
not unlikely that many purchases were made
on information regarding the companys August
earnings. which are said 70 have been the lar2-
est in It's history. Another feature IN to-day
market was Manhattan stock. WhlCn advanced
to ll3 Manhattan Is also stock which * on q
per cent basis ,snCe April. ls3O ard it. too. IS
moving higher N prospects ~ an increased dlNl-
dend The Manhattan management IS not popu-
lar with the public. and II y were more Conaid-
crate Of IFS patrons more up-to-da'e and @Hnor-
Gus in its service. its earnings would enjoy even
heavier increases than are now being recorded
ACCOMPANYING the advance In this stock. the
state report ~ Brooklyn Bridge connections
with the Manhattan was made to do service
again. 1t is pertinent 10 remark here that this
is a time when stocks do not need to he bois cred
up by ancient fables. The Granger shares. Man
haitian. the Anthracite shares and the local gas
stocks were the noteworthy strong features IN
to-dav's market Consolidated Gas jumped 70
2l9Io closing a. q net gain Of per cent. In the
railroad list tho heaviest dealings We're IN Blr-
Iincton. ST Paul Rock Island. Atchison PIE
fe~rad Omaha. Erie. Louisville and Nashville.
Manhattan. Kansas and Texas preferred North
crn Pacific preferred. Southern Railway pre-
ferred and Union Pacific. sugar Retiring was
IRREGULAR and comparatively 1ui-t at aet frac-
tioral loss. London traded ~ both sides ~ the
market buying \ few NOR" shares Than ~ sold
The foreign exchange market was again weak
Prices FOR tho last sales ~ the uri1 .31' active
stocks 20 DAY compared with th" mai figures OK
YESTERDAY. varo as follows