The evening times. [volume] (Washington, D.C.) 1895-1902, 1901-09-23
Cove ament Bonds.

The market this morning showed more
selling orders from various sources than
IL did last week There was diSD0siri0u
on the part OF the spectators TO take
profits on the strong opening ana based
on the expectation OF this there was some
renewed short selling. The marnst was
Irregular. but after the first quotations il
sagged OF somewaa in nearly an quar-
tiers. Amalgamate5 Copper. SmgIters and
Sugar leading tho decline and tho orang-
ers and other railway securities showing
small recessiuus. The Vanderbilt stocks
were fairly strong. the coaIsrs were
strong but dull. and the traction securi-
ties. especially Manhattan. showed
strength. and even bu0Eauev i'm In. 5.ff.r
instance u nc .Ws OF the morning WAS
meagre- The financial situation is con-
sldersd easy IN view Of the bank state
HleLi ana The fact that even the good fig
ures OF this showing did not reflect The
entire effect OF the action OF the Treasury
apartment Gossip regarding the earn
ings q the Steel Trust is hopeful and n
number Of railway earnings statements
received were good
The earnings Of the Big Four for the
second week Of September increased Ss,.-
Al and for the fiscal year TO date increased
$55f.2i3 The earnings of the Norfolk and
" estern FOR the same periods increased
S1pu and S5I.tf4
Amalgamated Copper declined TO O. this
morning. There was some support Of tho
stock around this level and il seemed not
improbable that il might recover some
what The stock is a most dangerous
one TO speculate in, however. and quite
as many people are talking OF the rotten
ness Of the concern and its poor outlook
as are advising the purchase or the
stock on the present break Street g.
Standard OH interests. were the heavy
sellers Of the stock this morning which
naturally suggested that the insiders are
still getting out OF as much OF their hold
iugs as possible. On the other hand 10
was known 20 De possible that this sell
ing might De for effect
The Steel securities went on fracti0naIlv
but the same support that has been seen
in them Tor weeks past whenever it was
needed was 20 be noted. The outlook for
the prosperity Of the company IS said 10
be excellent despite the strike. A large
number Of orders have accumulated dur
ing the period Of the strike and at the
same time stocks have become scarce in
dealers hands. II Is said that tho man
agement intends 20 continue the dividend
on the common stock
Manhattan continued the advance be
gun last week Earnings and the early
pauy were cited as the reasons for the
strength Of the stock. but 70 all appear
ances manipulation by brokers for the in
siders was the direct cause The other
traction securities held their own well
The grangors all sold OF and the Pa
cihc securities with them St. Paul went
as low as l5l and fraction and Missouri
Pacific dropped two points during the
morning hours. Union Pacific was fairly
Strong on what seemed 70 Doe good SUP
port No news regarding the corn CroB
prospects was heard ia the Street
Southern Railway, common and prefer
red, were both strong 20 a level equal TO
the best OF last Saturday
Sugar stock sold 'ex-riEhts' this morn
Ing. The rights were sold at ~ The
first prices Of the stock around 10 and l25
Showed a net decline Of 3 points or more.
The Washington stock Market
SaIee-W Washington Gas AS 5000 I05IL. Wash
ingtou Gas b.. $1,000 1903: Capital Traction.
0Oalo37s. gGalO4. Lanston Monotvpe. sGJaIzIg
After czll-American GEalhopho-c CO. Com. 100
GsE.
DISTRICT OF COLUMBIA BONDS.
Bid. Asked
fundn,, currency, S.65's----------- Is
MISCELLANEOUS BONDS.
Cspital Traction r. r. Fs.-...---. Ia 10
Wash Trac. & Elec Col. 45z's...- G} o.
Net. r. r. SIS. l5Z5............... rs 10
Met r. R. Cert. Indebtedness A.. 100