The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-27


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| az" HluA tHA ago ana u tht JOHANNESBURG
u openeu SNORT! 'heIe VIII ne no reason
/ Wy sHE si""'u AV' seuu AHeIlta solu
-"'Ht9 CoA'''iohS iH new loFh are aIreadN
easier 'Aah JheS were lew Gays ago and
/ eaIelul people express the behet that cal
Ioans WIN oe arus on the market IN the
/ near luJuIe' Inc rates yesterday were
The only startling advance yesterday
! was that in Baltimore and Ohio common
/ siocN which went mp six points or more
/ ana sold above the preferred at one time
4 duflaE The session. The high price reached
l pS me comoHn stock was ~ a-S- The clos
ing price on SATURDAY was i6 IS The low
! pIlae OF last Wcek was 90 "a. so that the
stln OF week was very nearly 20 points.
ne STOCK closed yesterday nj :" -,
WIN net gain OF points. The
preferred opened al 81 "a sold as
/ hiEh as ". and closed at - IS. The item
Z OF GOSSIP m the street yesterday regard
ing these securities was that the company
VIII ont' TO exchange common stock for
me preferred, share for share, and en-
aoa'or 20 retire the preferred stock. The
talk Of a dividend al the rate Of per cent
on the common stock was also heard In
buyers of the common stock yesterday. and
This fact lends confidence to speculation in
il whether ia S. ar important fact or not.
II The stor.es REGARDING the stock prove
not TO be true. II for instance it become
known positively that no dividend is to be
paid at this time. there viii probably be
bad tumble in the price which might jar
the entire market
iu' granger Shares were among me
huos ant ISSUES burlington advanced 10
l90 u and closed at 100. with net gain
OF ! - 81 Paul went as nigh as l24 Il
net gain. Rock Island was the best Of the
high priced grangers with an advence TO
ia the closing price on Saturday having
been ll2 Ia. The close was at 113 "a.
These stocks were al bought by London
and there were orders for important inter-
ests in them on the side Rock Island is
scarce. and its price is considered to be the
lowest comparatively in the group so that
several points further upward movement
VIII not cause surprise. Il is selling much
further behind s.. Paul and Burlington
IMAM II did a year ago, and nearly 10 points
below The high price reached last year.
larger than they were at that time.
ne Alchisoh issues oo'h continued 10
auNaA'e INTO ne" territory me common
seiliAe at one ume al y Ia ana closing al
:. % ang me preferred getting as high as
regarding these securities was heard. but
nothing is needed TO explain the bullish-
ness OF the public regarding them. II
seems to be beyond question that the pre-
ferred stock viii he put on per cent
monthly net earnings statement will be
gwen oul In snort 'ime- ana II Is known
10 De extremely favorable
III s-...,...,. ,--,.-,....- - ,...-.. =.
az - "a
,lle saule ,n'iIes9 sa1IS''s'o'y way tn''
Ia, ,,.i 60 l]eu ,tn loI luanS uaYs;
'o,i .i'J 'nei i'al'NaE ISSUES auNanoeu
y, neN ulsn iflges lever peloIe a'talseu' |
o. eA a dividend OF Il only f@'@ /
lays ago LollsFihe ana NashFlile ad-
'anceo 70 80 - "nlch is oniy point
'r Two peio" me hlshest previous record,
haue curing me great boom oil lew
'urities were both strong All Of these
ssues closed practically at the top prices /
or the day The Norfolk and Western
statement Of gross earnings for the third /
week Of March shows & gain Of 81 s64: the
Increase since July ] has been 81 .675. or.
The Louisville and Nashville statement
shows q gain for the week of ss5.5l5. and
or the longer period Of 81 sQ2 500
one OF the bond experts advises the pur-
base OF PENNSYLVANIA and Eastern in
,omes ST Louis and Southwestern arsts