The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-10-08
Gove. nInent nond..

The market has an "oversoIdr appear-
ancc- IL was duh this morning. but for
the most part hTA. holding the advance
mad. during the good rally of yesterday
afternoon There is little disposition To-
sell long stock, and. on the other hand
there Is distinctly noticeable increase in
the buying orders. The pT0fessiJua s. are
t-arish, aud The public IN general. but.
Notwithstanding this Iact. a good rally
from the present level would not surprise
many careful people Inc money situa-
ton ls being watched with interest. and
% Is prODln.. INA. This factor may pre-
ven H-.a ,l aI upward movement for
the present .t. %. although prices may do
'-itst .-a.- A... lu-lr own. News gen
orally ls s.-sla,-..y
Porhrps .h- matter OF chief interest in
the gossip this morning was .he question
OF the AJChlSUu dividend There was the
Persistent ruuor. now amounting almost
70 a positive assertion. that the dividend
would De- Increased 10 "a regular semi-au-
Hual rate instead OF ~ per cent. as here
tcforc. One statement was that the dlvI-
dend would be declared today. but other
people "ho pretended 90 have inside in
formation stated that no action would
be taken until next month on the ques-
ton Opinions differed AS 90 the effect
people consider that 10, stock is now sell
lLs quite Ii-n enough for one SO recently
elevated from the Oas,IIlty ~ worthless
ness, and predict that an il-rga=, would
De followed Iy "a decline iu the price
almost Immediately Others c1mpa~c
AlCni-- w. common with Union p4cr.l-
common and say that Dc should sell ma
Z, iloiit hl=L,T. he stock went well
above % thls morning, and then declined
nearly "a point.
that the Amalgamated Copper Company
has come 10 "a settlement with the Heinze
people. which viii be- immensely beneficial
10 tho copper trade. The copper secur.-
ties held their own and even showed a
tendency To advance AT times.
The Brooklyn Rapid Transit statement
FOR august was not a good one. showing
a decrease in net earnings Of S2l57S The
net earnings for two months since July
], show a decrease Of $500 This state
mcnt may be supposed TO have been the
chief cause Of the recent sharp break in
the stock. IL Us distinct disappointment
AFTER The glowing talk Of the officers Of
the company recently. However 10 is
probable that the bad feeling over the fig
ures has been discounted very fully by
the break
There are rumors Of an extra dividend
I'm Pennsylvania. which may and may not
have any foundation. The earnings Of the
company are superb and it is certain that
the directors could declare an extra and
still be well within the bounds Of con
servatism. One Of the financial DaDers
this morning makes a comparison between
The earnings Of the Pennsylvania and the
New YORK Central that is a most convinc-
ing argument Of the prosperity OF the
former
II Is said that the Standard OH interest
IN the Union Pacific is large. and that il
will be felt in an important way I'm the
affairs Of. the company in the future
Sugar was not quite so active this morn
ing, and II heid its own wei enough I'm the
transaction Lhet took place. There are
many that believe the decline In the stock
has been carried too far notwithstanding
the many bear stories published regard
ing it.