Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-09-07
TIPS ON THE MARKET.

II London closed yesterdav-holiday.
III New York insiders are pulling Peoples
Ii Gas
u The anthracite strike situation is un>
IL changed.
n Rock Island insiders largest recent buy
Il ers of Atchison.
4 The money situation will be sufficient
Is for few days yet.
IS Reading was heavy on decrease in July,
Il met with fair support
Wasserman bought 1000 Norfolk and
4 westerns. Dewitt sold.
& Pacific Mail. Coppers. Steels and Mexi-
81 can Centrals will work higher
s Ontario and Western annual reports
II show heavy losses. due to strike
A Gould crowd reported bullish on Mis-
N souri, Pacific and their specialities.
n No confirmation Of rumored alliances
III between St Paul and other roads.
III The Norfolk and Western report makes
" good showing and should sell higher.
f George J. Gould has been convinced
that he cannot get control Of Read
I ing.
Bank statement was considered poor,
y though it is thought 1t has been dis
H counted.
1 Houseman is quite seller Of Sugar,
i and 1t was said in the street that 1t is
i long stock.
Kuhn, Loeb & Co.'S recent purchases
& for Gould account may be found hanging
4 over the market.
It is expected that Pressed Car-Steel,
Il United States Steel, and Southern Pacific
4 will move upward.
n The trusts have been drawing down
u profits in order to make loans, and loans
B aave consequently decreased in banks.
4 Republic Steel advanced on reports OF
. large earnings This stock has had a
q rood rise. and is expected to sell much
H higher.
" The Pacific stocks, Atchisons. South
III westerns and Denvers will not yield ap-
IA preciably These may safely be taken on
ii all little dips.
4 Liquidation is going on, on part OF
n cliuues for no other reason than market
NJ has had sufficient rise for time being.
NJ and reaction would be healthy.
III There is good buying in Union Pacific.
III wabash preferred. Wabash Bs.. Manhat-
ri tan. New York Central and Pennsylvania.
n and you may expect to see them sell
N higher.
The money market is in such a condi-
HI fion as to make it wise on the part of
III traders having big profits on long side
III 10 sell at this level and look on for
III while.
a 4 The Sloss Sheffield directors meet in
ga New York on Tuesday to declare the
II I'll regular dividend on the preferred. It Is
III believed the common dividend will be be-
Id gun next year.
5i Reported from Pittsburg that iron-clad
Hi III contracts have been obtained in the in
Nj terest OF Wabash from farmers, mill
III HI or,ners. etc. in Washington and Greene
hi counties whereby these individuals agree
HI to ship all their freight for ten years
over the Wabash lines or forfeit IS for
Hi every ton OF freight given to COMPETE
iii tors.
! It looks as II Peoples Gas will cross
jHl 1lb. A. n. Brady has acquired 5000 shares
ta In the past "a hours, and Flower and Com
sN 1,any are buying Peoples Gas and Brook
81 81 iyn Rapid Transit. It is said that B. r.
III n may be bought on any fractional set
sI back.
Ill Atchison people express surprise that
III HE rise in Atchison common to IS was
III III not accompanied by strength in the pre-
III III ferred. They are OF the opinion Atcbison
Il viii be bought by Rock Island or Penn
iii Syivania, but say that there are no
marked signs OF either development at
present. Crops promise good for Kansas
fhis year, which will increase Atchison
6nling.
snthern Pacific people say that should
1tock break to Is. that Il is an ex-
purchase, and will sell around
ext year. One Of the large interests
hat there is reason to believe that
ull pool in the stock is still In q
strong position ~ regards sti,'4y