The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-01-25

The Stock Market this morning was
much IKE that OF yesterday. duh and
showing little disposition on the part OF
the insiders TO advance prices The
tendency, however, was toward higher
prices instead OF toward d lower level,
and the FEELING IN the Street was trl-
A. better. At The same time there is no
reason to regard The market as anything
more than z traders affair. likely TO con-
tiaue DUH for some days TO come OF
news there was little or none Il is said
that The receipts Of money from The inte-
nor have been heavy, ana that the bank
statement tomorrow Will be good one.
despite the shipments OF gold yesterday
Cali loans were made q low rates and
confidence II the financial situation IS
mistaken
The attention % the public is still
largely held by the grangers and the
steel securities. The next developments
IN these groups VIII be the meeting Of
the Wire people to act on The common
stock dividend the payment of The per
cent cash dividend on Federal Steel.
common. and the payment of the Burl-
ingtou dividend and rights" All of
these matters are Of great Importance,
and the indications now are that their IN
fuence viii for good.
The Wire directors may pass the divi-
dend entirely or they may eur il TO ! or .
per cent There is a possibility that II
viii be declared at the usual rate. per
cent annually. As far as can be learned
the chance seems TO favor . per cent
rate This would be a bull argument as
undoubtedly the passing Of the dividend
has been expected by many and discounted
IN the recent breaks II per cent is de-
cIared II VIII mean that this and more is
D CEf1ipqs al 10.
and al that price is unquestionably cheap
for q per cent stock.
The per cent dividend on Federal
Steel. common, Is to be paid shortly and
The stock viii sell "eX- next Monday II
the market is strong at the time the di-
vidend Is likely to be recovered in short
order hut on the other hand weak mar
ket would likely cause a further drop OF
point or two Immediately after the divl-
dend was taken of. This stock. too. IS
intrinsicaIly very cheap.
Burlineton may quite probably be the
leader Of the next advance. Il has been
auI ard not inclined TO advance its full
share in the blooms but the approach Of
the dividend period Is certain 10 attract
attention 10 IT. The stockholders Of this
company receive percent regularly and
enough rights" 10 considerably augment
this amount At 40 TO f45, therefore, it
must be considered cheap with money
commanding such small intcTst rates and
the railway situation so uniformly good.
ST. PauI viii be moved back and forth ac-
cordirc as the rumoTs regarding he deal
| in the Northwest are hopeful CT the oppo-
site. For investment its present price
seems low 20 many careful market pee
/ pie The great strength Of Atchison. pre-
Frrrpd in the present market has cement
/ ed rs friends 10 it
Missouri. Kansas and Texas was again
strong this morning Il is said by some
| OF The important market people that all
| the advance in this stock has not been
made yet.
Tobacco stock is very strong and The
| tips" that it is to sell higher in the
near future are finding ready ears among
| the commission house buyers.
The other tip" due 10 influences from
Washington is that Pacific Mail will have
/ q