The times. [volume] (Washington [D.C.]) 1897-1901, 1900-03-09

l2Il-S. and selling as low as 100 - It
closed at 12O SIS The other grangers gen
orally were sold of trife. Rock Island
closing at 1C6 IL Burlington at l22 l-2,
and Atchison preferred at 90 L. There is
good reason 10 look for a rally in this
group during the coming few weeks. Earn
ings continue superb and prices are low,
compared with what they were a year ago.
Peoples Gas sold of from "a at the
opening 10 - "a. and closed at 20. The
stock looked weak at one time, but was
supported around %. The fighter is ii
only an alleged fEht2-between the Peo-
pies company and the ogden concern is
attracting some attention in the street.
One story has it that the Ogden company
has increased it's capital stock to $40 009000
for the purpose Of pushing its business into
the territory OF It's rival Another version
rs that The Two concerns are very near to
consolidation, the Ogden people holding
ont for slight advance on the price the
PEOPLE s. is willing 10 pay. Gas sold as low
as 90 in December Friends Of the com
pauy assert The belief that il will not 90
any lower il as low. on this decline.
Sugars advance to par caused much re-
hashing Of the various theories regarding
The company present position and future
prospects. No new theories were ad-
vancei having the merit of interest The
street seems 20 he pretty equally divided
over the outlook for the stock It would
seem TO be most dangerous speculation
az present
II is said Thar the House committee will
report favorabR on 7lhe Subsidy bill in
day or two. Pacific Mail was rather weak
yesterday though Inactive The high price
was -. and the low e - The close was
al 81 Ia Careful market people look for
an advance in she stock in the immediate
future
The statement Is made as coming from
officers Of the Baltimore and Ohio Com
psny that no dividend will be paid on
the common stock this year.
Gossip regarding Brooklyn Rapid Tran
sit in usually wpll-informed quarters was
more optimistic yesterday. 1t is sug-
gested that the special grand jury would
not have indicted several people for con-
spiracy for saying bad things about the
company To depress its stock unless it
were convinced that there was no founda-
tion for them. Or. In other words. n the
affairs Of Brooklyn were in need Of
receiver Nj. Gosliu might have said 50
iu his advertisements. and Mr.. Davis. in
his Wall Street blackmaier. a great many
times without fear Of unpleasant results.
An example OF this was seen a few days
ago. when every paper in New York limited
az receiver for Third Avenue before one
was appointed. As a matter OF fact, the
company is increasing its business steadily
and satisfactorily. though not 50 rapidly
as many hoped Tor a year or more ago.
Il has been preparing for an immense sea
shore business this summer.
International Paper common stock had
a good recovery yesterday from the de-
preston OF the early days OF the week
People usually most careful investors
were buyers Of the stock at its low level
Holders of Panhandle stock are COM
menting enthusiastically over the excel
lent report of the company furnished with
the Pennsylvania annual statement II
is said that the Pennsylvania people are
seriously considering per cent dividend
for the preferred stock and per cent
for the common. The earnings seem en-
firely 10 warrant such an increased dis /
bursemeut 10 the stockholders
The meeting Of the Southern Railway
directors will take place today. An in
crease in the dividend Of she preferred
stock is looked for with some confidence. I
II is deserved. The stock was quiet yes
terday. but held its own at a fraction
under IS.