The times. [volume] (Washington [D.C.]) 1897-1901, 1900-10-20

the common to 80 IA. The close was near
the top in both issues. Burlington ad-
vanoed to 1913. 81. Paul TO lis, and Rock
Island TO les "a. There was no news re-
sarding the group, but talk is heard again
OF the probability CT dividend for Atchi-
sen common in the near future. and the
cid story Of an early .efunding of Burling-
ton bonds is discussed
The three chief Southern railway re-
ports Of earnings for the second week
oi october were given cut yesterday. and
II is satisfactory to record that they were
ail good and all OF the character tina;
makes the talk of lessening earnings in
TINS section seem particularly absurd
me southern Railway gross earnings fer
the week increased S51 1854 and for the
liseai year to ia tie increased $3.50, 2S7. The
Noriolk and Western increase for the
week was s56,64o and for the fiscal year
10 date S66l,s65. The Louisville and Nash
vale increase for the week was sS,035.
For The fiscal year to date there was de-
crease Of S3l.5il. All the securities of
these systems We're buoyant yesterday.
southern preferred got high as sc IA,
ana closed at IS 3-S. and Louisville got as
high as - rs and closed at "A "a
Southern Pacific was active yesterday
afternoon on rather heavy buying. in
which many brokers took part. The stock
advanced from SO rs to 80 1-2 and closed
at 81 Ia. II is one of the last stocks on
The list to participate in the advance, but
seems inclined to make up for lost time.
All the other Pacific securities we're
strong. but Northern common was per-
haps the most bouyant of the group, with
an advance at one time to above 54
There has been quite movement in
Wheeling and Lake Erie second preferred
and tip is heard in the street that it
will be put UP to n higher price imme-
diately. The Lake Erie and Western Sc.
curities are strong On the story that the
preferred is to be retired and new issue
of bonds substituted for it.
The boom in Leather common stock be-
gun on Thursday shortly before the close
was continued with some vim yesterday
and the stock sold as high as Il 3-S and
closed at II rs, with a good net gain.
There is an interesting little story in the
street to the effect that the boom in this
stock indicates that, for the present at
least, Jake Field is a stronger man
than Wormser. The latter sold 5000
shares of the stock shortly before the
close on Thursday and undoubtedly ex-
pected to see it decline rapidly. Instead, |
1t advanced during all his selling. 1t is |
now stated very positively that Mr.. Field |
was the buyer of all MIR. Wormser sold. !
Mt. Fields buying continued yesterday !
also. Despite the important buying in |
the stock, however, there is very little |!
reason to become enthusiastic over its |
1t may be advanced to much |
higher level by the rarkest kind of man
iprlation. 1t will not go up a point on |
account Of any merit that 1t possesses.
Peoples Gas was one of the few dis
tinctly weak features of the LIST. 1t /
opened at "a and closed at 90. The rea-
son why this stock does not look partic-
ularly attractive at the present time is
that while the war is over, apparently |
the fight with the people is still on. The
people seem to be Insisting that they
should get their gas for less than the for
mer price, and the courts seem dsposei
to listen to their side of the case.
The steel and iron securities held their
own but showed lii tie dispr sit ion to con-