The times. [volume] (Washington [D.C.]) 1897-1901, 1900-08-11

NEW YORK. Aug. 10.-Stock market
movements today were again limited and
irregular Fer the most part the dealings
reflected a fairly good demand for stocks,
or at any rate one that was in excess of
the offerings. At the same time, though,
the unusually narrow limits of the market
resulted in diverse movements even in
shares Of the same group.
London was not factor of any impor-
lance in the market. The early quotations
from that point showed American stocks
slightly below parity with yesterdays local
closings. but the dealings here for foreign
account were inconsiderable. The general
tendency of the London and the foreign
markets was. however, chiefly because of
the anticipation Of relaxation in the Lon
don money market, as a result of the sue
cessful offering here Of the British war
lean.
The Chinese situation apparently cut
very little figure either in the local or for
eign stock markets. and the Presidential
campaign was likewise virtually neglig-
ible factor. Additional engagements Of gold
for export tomorrow were announced, but
these we're also regarded with the same
indifference that was accorded TO other
features OF the situation.
The returns of the ST. Paul railway for
the first week of the month showed an
other falling off in contrast with those for
the corresponding period of last year, and
the showing while attracting the usual
amount of attention devoted to the returns
of this representative road, was not re-
Elected in any pronounced movement In the
stock
Sugar Refining furnished about the only
noteworthy movement in the days deal
ings. The stock advanced, presumably
upon the notion that, on account OF the
prosperity the company has enjoyed in the
past quarter of the year, there might be
some advance made in the next dividend,
to be declared in September. 1t should
be said that the general opinion is TO the
contrary, but inasmuch as the dividend
policy Of the company has been declared
and followed on the lines set forth last
January, ii would not be surprising II the
common expectations were upset.
The remainder of the industrial quar-
ter was exceedingly dull, but was steady.
The local traction group also was neg
lected and the only considerable dealings
in that quarter were in Brooklyn Rapid
Transit the movements in which are still
governed by the expectations regarding the
showing which it is thought the company
will make in its annual report. There
were no movements of any substantial pro-
portions or significance in the railway list.
The dealings in the granger group were
to some extent affected by the strength OF
corn. which was attributed TO Western
advices setting forth the prevalence OF
excessive heat in the corn belt. The tri-
fling and insignificant nature of the day
market was, however, sufficiently reflected
in the fact that number Of stocks direct
ly concerned with the outlook for an
abundant corn crop were strong, while
others no more directly concerned de-
clined.
dividend OF per cent was announced
today on the preferred stock of Colorado
Fuel and Iron. This is the third declara-
tion Of dividends this year, each of which
has been at the same rate, and is an evil
dence OF the policy Of the company in pay
ing of the dividends accrued upon the
preferred stock With today's declarations
the preferred stock is still left in arrears
In respect to the dividends, amounting to
1s per cent. The amount of the dividends
accrued has been incorrectly stated in a
number OF quarters; hence this explana-
tion is pertinent.