The Washington times., 1903-02-02

any strike would be tCHHat4 10 a.-Nl.-
men. Such a strike would not lie up
. the railroad.
An omciaI bulletin issued by The
+ Omaha office says that piece work has
. been successful. and that go per cent Of
all the workers. In tba zlc" have been
7 working on piece work tho past six
months, and that the busy season is nor"
over and the force viii he reduced. ana
that as far as the company IS concerned
. he strike is practically over,
At present rate of earnings. Union Pa
ciie would show II per cent ca stock
with all bonds converted.
Weakness in Illinois Central is due
/ undoubtedly TO fear Of union labor trou-
i bic.
United States steel has been well sup
f. ported in the past dull market, and "a
move in these issues is expected on any
. advance in the general list.
Fcrty-aine roads for the third week in
January show average gross Increased
F earnings of 7-46 per cent ForJy-two
roads for December show IA average net
/ increase Of 13.S per cent
Americans in London were steady at
/ about parity. Foreign demand for first
/ class American bonds continues good.
The . So p. III. cable from London re-
. ported the market there for our stocks
I duh and rather heavy with prices TOT tho
majority of the best oue-Cuartcr under
/ domestic closing og~Saturday- Norfolk
. and Western. Pennsylvania and Reading
( common were 0ne-haf point lower.
/ Canadian Pacific. Erie. New York Cen
/ JraI and Union Pacific preferred We're
exceptionally strong, about one-half
point higher.
Money at London was slightly dcare7.
Consols were down 1-l8 tots Cali money
was up TO "a Rate for discounts in the
open market for short bills was up TO
about 80 per cenr.
A fact worthy q note, is the continued
heavy Withdrawals Of cash from the
/ banks by the subtTeasury. The sabtreas-
ury statement this mCrniHz shows the
banks lost in operations through il On
Saturday. S2,654.0to-
Investigation OF the plans of various
railroads show that about $4,000. 600
viii be spent for improvements tn jur
I United States this year and next Tt is
said the PENNSYLVANIA plans TO spend
about $4,000 coo, while the Vanderbilt
lines come next with $50 600 o90. The
/ W 3bash and BalHm0rs and Ohio VIII
spend s20,o60,o00 each ID is reported
that $50 600 GOO will be spent in Canada
for betterments ard new construction
c. II. De Witt was a buyer Of Copper
It is supposed he E9s doing business for
the insiders. The word was passed TO
buy AmalgamateG Copper.
The copper trade is now undoubtedly
years, with an upward tendency Of cop
per prices.
The steel. coal and tobacco businesses
are also phenomeraIIy prosperous.
a report firm pittsburs states that q
$4,000 600 COO company has been iu-C--
porated ia Arizoca having the largest
authorized capital of any corporation In
the world 1t is said the purpose OF
the company Is to 90 luEo wholesale
manufacturing in the Un5eveIoEed West
cru States, Venezuela. Mexico. ana u.ler
countries.
/ r D. LuHbridge, representing ,he
Stanley Electric Manufacturing Com
uanv. SAYS the statement the company
bad Sold out 10 the General Electric
Company was unauthorized though he
admits that negotiations Eor q change
OF control are pending
The greatest gas pipe line in he world
IS to be built INFO Pirtsburg from -he
West Virginia gas fields. al an eEpru5i-
tU~e OF So. 600 Geo il viii give the city
an additional gas supply Of 69,0GU0og fees
7 dails-
Standard oil officials deny rumo-z
that the company is TO concentrate its
I New York and Long Island plants at
! Bayonne. y J.. or that il has purchased
I the GuGev petroleum works at Bay
onue y. J. This is confirmed by the
4. GuEay plant officials.
Republic Iron and Steel statement Ler
/ the SIX months ended December 81. 1863.
shows net profits Of $13s4. 1913; an increase
of ss5I O0g The total surplus is Sz.Gg5.-
/ Ell an increase Of $1.2sTSi9.
Spot cotton market at liverpool &c
ported q good business done. Prices
were firm and unchanged. Future
opened cuiet and unchanged 80 points
/ advance. and remained quiet al 10 2lz
points advance compared with Salu--
days closing.
/ The Liverpool market seems TO be pun
suing q course independent CT the irTsE-