The times. [volume] (Richmond, Va.) 1890-1903, 1902-04-30
RAI'H.ERIDullDA
TIL MARK ]! i |
Northwest and Atchison Make.
Substantial Gains.
COTTON OIL 81: DOES BETTER TIER
And Locomotive Sells Above Par-some5
News About Chemical and N.
Road in the Hands of
Morgan.

The stock market yesterday was dull
and for the most part professional. Very
little commission business was reported,
and the room traders had the market
largely in their own hands. But while
the market was dull the tone was firm,
and while there was no startling ad-
vance, except in the case OF -NorthWeSt
Which ganed points between eel the hign
With the exception above noted, the
strongest stock among the railroads sIs1 was as
Atchison, which sold as high as s311s II
and strong, selling as high as 1723A. Most
of the other railroad stocks remained
steady. Missouri, Kansas and Texas
5sl1, the highest price yet reached. Some
Of the local traders have for a long time
been very bullish on this stock, as the
shows excellent earnings Colorado and
Southern preferred was a little better,
.e's.7 - COTTON OIL UP.
Among the Industrials, American Cotton
at 571s and Colorado Fuel at 10. Locomo-
tive also streng the senf
361s Chemical opened at e. but sold on
somewhat later on. There was some:
trading in TGnace9 As n9und
Company are very fine. The New York
News makes this statement:
AprOpOS OF the continued strength. OF
Continental Tobacco preferred and the
Consolidated Tobacco bonds (the former
having precedence over the bondsl, a Wall
Street bulletin yesterday called atten-i
ended December slst the American To-
bacco Company had a balance applica-l
BILE to dividends on the common stock or
bacco Company Of s5,346,224 and the Con-
taae Of ss5 a9S4seo COMPANY si'0le g
Company aid not include s., SOC. 600 Of undi-
vided net earnings for the year OF. the
companies IN which it is Interested, and and
THE. Z. &: N: SALE.
The New York Times says that it is re-
ported that much more than a majority
will road has been deposited with J. p:
Morgan Co, and therefore the control
Of the road by that firm is absolute. The
o over to Mr. s Merg sa concern 100000
shares of Louisville and Nashville. s,
The Southern Railway Company reports
earnings n fg;l IL March fa n Of @ aS
029, q decrease Of s80,27S.
59Es SWEETS REVIEW.
Sweet 8 Gei,s review vie, d follTws; mar
ket, although on the whole fairly strong,
developed a. good deal Of 5irregularity: AS
usual, what is known as the Chicago group
l. : q"
ing the bulk of the business, and their
operations We're said to be most notice.
able in Colorado, Fuel and Iron and
on the whole strong, although towards
the close they developed some reactionary
tendency. The strength ~ was generally
the winter wheat crop condition is not
nearly as bad as it was "a week ago. The
Governments weekly report states that
winter wheat has improved in Illinois and
NJ icco ,y.~i on no eli oh f1Ir mr.
Ohio and the Middle Atlantic States.
Reading was fairly firm, but trading
in 1t was restricted. owing to the lack OF
being made by the committee appointed
/ to- consider the differences between the
operators and the miners. There is a
will result in a settlement Of the differ
ences. Wabash common and preferred
were in fairly good demand all day, and
loan crowd There seems to be- be very little
doubt but that the Fuller syndicate. re-
presenting Gould interests, has secured
the Western Maryland road and that steps
Will be taken Immediately for providing
a. through connection between the Wabash
and the Atlantic Seaboard. During the
afternoon a sharp advance took place in
runors that this road and some large
systems were to be brought into closer
relations. Missouri Pacific closed weaker.
commission house sold $500 shares,
the superstition being that the order came
from Gould interests. In spite of the
manipulation of this stock the public takes
very little interest in its fluctuations.
Rates for money were practically I'M
changed, although towards the close. a s
result of the demands Of belated bor-
rowers. rates advanced somewhat. Prob
ably by the end Of the week the banks
will have gained from the sub-Treasury
in consequence Of interest disbursements
incidental to the first of May. Transac-=
lions by London houses were unimportant,
but thew probably sold on balance some
10000 or 5000 shares.