The times. [volume] (Washington [D.C.]) 1897-1901, 1901-02-28
The MARKET LESS EXCITED
Steel Securities Nearing a Party
With the Announced Prices.
Fluctuations Limited In the Group in
CONFERENCE.-The of nm Increased
Dividend for st. Paul and of n
aNeIon''-Boom I'm Sugar shares.


Dividend for St Pnui ana or I"
'.Meion'-Boom I'm Sugar shares.
NEW YORK req. 81 esteIuaE an
nouncement respecting lhe terms upon
which the shares OF the present steel IN
dustrial companies VIII be eNchahSed INTO
the stock Of lie United Steel Corporate N
annears to have nut something of a damp
- I,.i,, =, ,I,,.. s.,g,-s
tr upon 'ii' Sts1ui"'iUii az 'h'"S
AT all events, today market was chAT-
actcrizcd by none Of the excited specuia-
tion which marked Yesterdays dealings
-, ,',N,,, ri ,.,.,.i,,,,,
ia me steer Ihuus'ildis' ne ii"S'
IL those stocks were comparatively limit
ed, indicating that the heavy arbitrag ing
dealings conducted Yesterday had brought
~, ,,I, J.; ,,.,,t,,, ,,,,,,.,xi,o,tar,, IN
the stochs III aieS'i"i' 'pP''N''i' -
parity with the current enrh prices LOT
the new securities Deprecatory eriti-
,;.r, ,,,,,, tho ta,,ns of tba merger con-
- -, - r., &c
uhueu TO ne eNpresseu 'ooa!' Jul d"
noted yesterday, II appeared TO represent
rather the walls Of disappointed specula-
tor, tb,,, any, yvell Grounded animadyer-
-, - - ,,,,,i,,,.,,. t,,,,soI,-oe
Sioiis tI'oIi 'iie sSHs 'i
1t should always be borne IN nlhu lhdt
In n transaction of the ma gnitude of the
,,..,I condemnation MANY conflicting in
go - s. ,,i., ,,5 trsated
terests hius' ' -,
with in order that the whoie operation
NAV be brought to a successful conciu-
It., Tho tbsor,- Of the process of weld
- ,.,,,,,,,a,,ias into one ANAL
Ing lheSe sie'e =, -,
gamated concern is that lie cost VI oP'A
,,,,,a EFFECTIVELY met. and. in consequence
-, rtic,,I.,. security, MAY, annear
NJ oi'S Ge,, accorded noor. treafment il
~ ~. - - .,,,r,,cs,, ,b,+ ,na copa,,,,,,
Is oihs i9i ~, ta0 pbaincsd tt1,e ,,enI1IaIi,
e'Vo WIZ NJ banatit, az tbe sacuritI
Ie iii s,,aS "a bat,,s received an indif-
IeieHt I" T,, a. ~ inS,,onca of the stect
- IN ,t-at nnaned This morning
49, 49,, -,,arfol il, l,,ences Of no,,eItv nh
a,,,t,, stoclH market was dull. hut with
,';1 s3ips .1nnea ring in the American
liz. i,-i ef-;I To,,se. ,,-ar,o ,1o,;arate
qua tei' y. slt,,i ~ III ,,,a,i-at TN,
~ e,~ IN tbe raiIroad lists were for
tle Nus pa "'ii-'' = ' ''''i' '-'->'
ies ,,, ,,,,;,,,., ,t,, .o,,
q. Isi"t % ~ 5aiinc,s IN tbis
sllcuous iea' t. ~, % .iiJ ,ntia7 dt,ance
Vudi lel ~ a III - 49, ,,,,e,,-aS y
on IaIss ttais'se' NO,
rt 'tsalli ,.'se -. s,.i'ioe -, 81 ~ III
eNpsctatlons oI an aoH II, az
ueild rae 70 pe oI . d. the ii4ee''s VI
tie directors on MaIch II. .-....
1t appears 10 pc tne genera, oliIlIoii
that the STOCK VIII not ot pidOep I u tt, a
higher basis than per cent az tiie Ioftn-
coming meeting, put reports WeTe CufIent
tocay t'at II was Iikeiy lhat a thdt
period or subsequently. the stochhoioefs
would be refnunerateo LOT the eNceeol ~
ly heavy outlaws that the company mas
made OUT 81 ITS earnings anu eNpehusu
upon the physical property curing the
past rev years
Contrary 10 precedent, the ueciueu
movement OF st Paul nad very niue n
fiuence upon the remainder OF tne ran,
way list, which, as noted. showed small
and irregular changes. burlington ana
Quincy, Rock Island and missouri, Ran
sas and Texas were, however, compare
lively firm.
Quite sharp break in Brooklyn Rapid
Ira Rsit made that stock a notable fea-