The evening times., 1900-09-10

Another dull opening is the record for
this week. There was little business in
the stock market this morning and this
OF no particular Importance. Transactions
were few and far between and fluctuations
trivial. The professionals seemed to be
the only people doing any business. The
outlook is for continuance of this situa-
ton this week, though it is possible that
some accession Of activity may follow the
settlement of the election in Maine. which
all politicians are looking forward 20 with
much interest. It is not believed that
gains by the Democrats, which are gener-
ally expected, will do the Stock Market
any harm worth noting, but 1t is conceiy-
able that d big Republican gain might
make some buying by the smaller people.
The financial situation shows no change
money rates continuing easy. Gold exports
are not looked fer in the near future The
most interesting item of discussion in the
Street this morning was the very high
opening prices in cotton futures 1t is
believed that this viii do the Stock Market
no harm Its effect is likely rather to be
good II it has any effect.
Southern Railway securities. Louisville
and Nashville, and other securities OF
Southern lines should be benefited in the
long run if not Immediately by the cotton
situation 1t now seems certain that the
higher than at any time before for many
years The depland is great and the crop
short. The demand IS the more important
item of the situation, however. and the
result Will be that the aggregate value of
the crop will be much the greatest for a
long time This Of course Will mean
money il the farmers hands.
The report OF the Metropolitan Street
Railway for the year which ended June
90 is the best ever made by that company
The gross earnings were $14,721, $50. The
operating expenses were 81. .104. .627. CT only
IS. .26 per cent of the gross. The net earn
inss were $7.615. .943. The surplus for the
year. after the payment of a largely in
creased dividend, was $214, ,269. an increase
Of 1856.
The gross earnings of the Big Four
for the fourth week of August shoy cd
an increase of $59,G41- The increase for
the month was $S5,228. and the increase
since the beginning of the fiscal year
$193,6 ,644.
The fact of the postponement Of The
strikes by the anthracite coal miners
seemed to dispel some of the recently de-
yeloped professional pessinism reea- d
ing these securities Jersey Central was
stronger than on Saturday. It cannot
be discovered that the important holders
Of jersey have sold any of their stock
during the past week.
Brooklyn Rapid Transit was up fraction-
ally this morning and showed fair
strength. The recent buying of the stock
IS attributed to Pennsylvania interests, to
Metropolitan people, and to professionals,
as ii suits the whims OF the gossipers
in the Street The last explanation is
most worthy of credence.
One of the TumoTs regarding the Chicago
Gas situation is that the plan Of municipal
ownership for the gas plants is under dis
cussion, and very fayorably considered by
the city authorities. Gas stock held IT'S
own this morning
Nothing new was heard regarding the
Sugar situation. There has not been as yet
today any advance in the price of Sugar
The stock held its own this morning but
was dull.