The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-11-19

bars and sold coin. some lurtncr. ship
meats have already been engaged for
Thursdays steamer lu. The amount to go
on. then. g. IFS said. is not likely 90 be-
large. some af the financial experts cN-
pressed the opinion This morning hat his
weeks exports VIII probably end the
movement
Nr. cage Buys bonds.
Secretary Gage .erday afternoon
bought over SZoC0Cgo Government bonds
in Nsv York IHis male the largest pur-
Chase on any one day in the pres me
movement During November the entire
purchases have been about $4,000 9G0
Secretary Gage said to reporter for
The Times thai The department will con-
tiuUc 20 buy bonds as long as they are
offered 81 his price. and ne itimalcG that
as gclU shipments 10 Europe naturally
tsEd 20 promote safes of bonds there are
likely 20 be further purchases Of impor-
lance ir the near future.
In answer TO question regarding a
large block Of bonds held by one of the
important bond houses which rumor yes
tcTday said would be offered to the de-
paTtnent. he suggested that the $1,000 GOO
purchased yesterday were very likely the
bloch referred to-
1t seems 10 be the opinion Of the
iIiit-'' -t-t lttAIls |Al-t the IHHN pure masses
ana the flow Of money from the interior
TO New York will quite Offset the gold
shipments. however. The movement Of
cash toward New York has begun in ear
nest. apparently IT is two or three
weeks overdue in. comparison with the in
terror movement of recent years.
The 'IHuhattaH's Fine Earnings.
The Sew York traction securities were
again the strong features Of The market
today. The rUm0rs of a cousolida-
zion OF some or all of the traction lines
have not been given up entirely. but con
ScTNative people are looking in other di-
Tectlous ICT the reason for the impor-
tant buying in their securities. An an
alysis or the annual report of the Man
haitian makes most cheerful showing.
During the fun year The company earned
enough TO pay 3 per cent dividends after
het,crment charges. if il had wished TO.
But this statement does not tell The
real story Iur,aE the September quar-
'"r tlc Increase in net income wa. Sl2T.-
600. and as this is the slack season OF
tine company year. IL is fair TO assume
iha' a corresponding increase viii be con
tuu"d from this time, or an increase Of
say Szno.epU aHuualIy
IT TINS rate OF earrings is continued
the. read VIII show mere thau Der cent
on it's capital stock President Gould,
however makes the public statement that
the ne" electrical equipment Will add at
least / per cent TO the earnings Of the
company This equipment Will be in
stalled very generally all over the sys-
Z TEN BEFORE the end Of another year.
R0oSeveIt on Subsidies.
Pacific Nail has been sagging back in
price gradually since it had its sharp
squirt TO the neighborhood Of so
last week. The Street does not
seem so certain this week as il did last
that President Roosevelt VIII recommend
a subsidy bill i'm his forthcoming message.
. One gentleman VINO recently had an in
tervieW with the President made the
statement when he lef. the White House
that he did not believe there would be
any reference 70 subsidy in the message.
November Hallway Earnings.
The earnings Of q number Of railways
for the second week Of November were re
( ceiyed today. They make a fine showing
The ST. Paul reports an increase Of
$lVl0a7. one OF the largest increases in
recent months. The Southern railways
generally make soOd reports. The South
CTu Railway increase for the week was
Sia.-io. and The increase since July ] has
been SI4s-IG>- The Norfolk and Western
increase for the week was S4U.3iS. and
for the fiscal year TO date. siIL $50. The
Louisville and Nashville increase for the
weel, was S5S.745. The prosperity Of the
{ Southern lines generally, despite the
( backward movement of cotton, continues
/ to De the subject Of much comment
Advance In Southern Pig Iron.
/ The Tennessee Coal and Iron Company
I and other Southern concerns have in
( creased the price Of grey forge pig iron
| = cents d ton and the price Of other
4 grades OF pig 30 cents Nathaniel Baxter.
jr.. has resigned tine presidency Of the
/ Tennessee cclpEauy % become the Uresi-
dent Of the Cumberland Coal, Iron and