The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-02-03
WALL STREET GOSSIP
Market Led by Delaware 6. Hudson.
Pennsylvania Weak. -Sloss Strong.

|, Z, |spss i ! 70 The !mcsspLlspal;Al
y the day It was generally acknowi-
edged that some deal affecting the prop
idSy wa was ,ls an1 in this comes
and Erie Were mentioned a. a. House,
man & Company and Cuyer, Morgan e
g Eo.#were the buyers.
@ The Erie isuses were active and again
HBcored substantial gains. Estimates of
xoud exceed even December's good show
ing. There were further reports of Il
pending deal, In which the Delaware and
4 Hudson would be interested.
Interest in the initial dealings conferred
asfsrs sh bsl # M f e the GpncHha
sold lo,on' sh;ires at 80 At the low level
there was buying. by Fl. Content and
stoaR et saG to be seGGerng
more. The convertible bonds We're the
feature of the bond market. not less than
sursng e dscis faea Of n Up e noan to
permit holders TO conve.t their bonds
into stock next month was unfavorably
ence, OF the large short Interest in the
stock has been noted for weeks, being
now explained. according to the gossip
The heaviest buying IN the afternoon
was BY John Wallace; There was also
consiuerapie covering by well known
shorts at higher prices some time ago.
The pool in Analsamaed Copper was
during the last hour. The buying was Of
the same character, as before. many of
the toens orders ss re somlnf from 1 Hos,on The
& to be controlled by The same speculative
Interest. No news developed.
n Anaconda shares We're notably strong.
&
reported to-day, WAS not q factor, but
there was some talk Of a firm local mar
Advicee received from Washington
that.the Venezuelan situation looked more
hopeful contributed somewhat TO the late
Grmncs OF stock, although it Is possible
that short covering WAS also partly re-
sponslble. The demand for. stocks in the
y loan crowd was pretty good AL day. Tho
continued strength OF Erie was a feat
urrs OF the afternoon, and that It may
ownership Of Delaware and Hudson was
believed In some quarters
The loss; BY the, banks and their opeSa-
7, lions With the Government. amounting
4 20 $3,G5i,ooo. reported IN to-day's sub
Treasury statement, was due to the Cen
4 The Treasury report for the day shows
There was some early selling o; Sugar
on the announcement OF the shut doWI
of tho local refiner!es, but later, whe,
II was realized that similar actor. Is
taken about this nme, every year, ths
STOCK reacted, The price Remained ir.
TaEular UP TO the close,
oss was Very strong, large purcha e.
8 Eefng made ut 60
strength in lhe afternoon Money s on csl
loaned as low as per cent, ana there
were rumors from Washington that an
Il undGrstand!ns had been reached between
The leaders OF the Senate and prominent
corporators on the subject of ''antl-trust'
legislation There was good" buying OF
Reading and other stocks and sentiIneni
among the professional traders was In ore
Y bullish. ''9N
The Southern, Railway will build a
II large shop at Louisville a
The Big -Four and Lake Erie and
4 Western will build union station a,
N decentralization, Ill
81 NEW YORK QUOTATIONS.
3 QUOTATIONS FURNISHED THE TIMES
5Y acOl'T Il STltINGFELi-OW,
AL BANKERS AND BROKERS'.
HOP ", MAIN STREET.
op'gg, High LOW >cl.e
1tehsen pfd .....-...... 100 iG59si loo 10
-, 40 .. .-.,,,.,.e....s -. ~ ~ ,