The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-10-09

Perhaps the most interesting feature Of
the Stock Market this morning was the
strength Of Brooklyn Rapid Transit and
the weakness of Atehis5u. common. both
these movements being contrary TO the
news and rum0rs regarding the proper
ties. The unexpected undoubtedly hap
pened in both cases. as far as market
movements were concerned. London sent
over heavy buying orders IN Atchis0n
common stock and odds OF . to I were
given that market that the Dividend
would De- increased 20 Z per cent per ana
mum al the meeting of The crfrra-r To-
Gay. ON this side the same confidence in
inc Increase was expressed The stock
opened weak and continued $50 during rh.
thtlrt morning. getting TWO points or
more below tho best price of Yesterday
On the other hand. while the BROOKLYN
Rapid Transit annual report was out this
morning showing only about = Dor e.. nj
earned On III. stock. this security adj
Naucea steadily well above 5N The gen
eral market was not important bun lis
tendency was downward if in any Gfrac-
uon, The railway list showing the great
est disposition tU sag off,
Their, has been heavy selling Of Brook
lyn Rapid Transit by insiIsrs. and the
disposition now seems ia be to buy back
these holdings. or ~ least "a part Of them.
Ile annual report shows "a surplus Of
S9i-.J applicable 90 dividends on $40
C''.'.- There lS slight increase iu tho
surplus for the year. Lut nat erg-5--f
70 aup" anyone 20 talk uf dividends fIr
Ihe stock for some time 10 come.
American Sugar Refinery stock was
dull Iu this stock too thrr,
has been much inside selling. and here.
too, there is q disposition among careful
people 10 believe that the break is oz,r
AND that the insiders are now covering.
u not buying long stock The Wall Street
neNsIaprrS. however are still dilatius on
the alleged bad features in The situation
Of the Sugar Trust.
II IS se!l that the beet sugar pc0-
pie have obtained strong foot
hold and are now manufacturing more
beet sugar than is produced Of cane in
this country and Porto Rico combined
that they are willing TO sell il al a low
rate, and 'hat they are not disposed 10 be
beaten by the trust even Il that concern
has a big surplus and a big distributing
machinery They quote tn. beet sugar
crowd ass saying that IL the Trust PROPOSES
10 sci It's protuc, I'm their territory cheap
er than they can prodUcC IL they viii sell
IN the East IL Is probably fact that
beet sugar can De produced much cheaper
at prout than cane sugar can. II must
De remembered. however. in this c0uuec-
non lhdt beet sugar lS not SO good an ar
uclc by "a good deal as cane sugar. ard
that for most purposes IL will not be DC
ccpted by consumers. The trust has cx-
listed for a long time and weathered a
good many storms. and many c0nserva-
tive people are disposed 20 believe that IL
viii continue 10 do business prOltahIy for
a good many years 90 come. no matter
what they may think OF its methods from
the standpoint Of fairness or justice
Pennsylvania stock was fairly strong.
Two OF three factors may be con
siiered 70 have had an influence
in the strength Of the stock
There was rumor that an extra
dividend is to be paid 20 stockholders.
This is interesting II not entirely couyiuc-
ing 70 careful people familiar with the
conservative methods Of the company.
There was also a story that the GouIds
and the Pennsylvania people have come
70 an agreement regarding a division Of
the Wabash Railway, which VIII give the
Eastern end 10 the Pennsylvania people
and the Western end 90 the Missouri Pa
cific. II has seemed entirely possible that
this solution Of the Gould Pennsylvania
difficulty might be reached for some time