The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-02-10

iA'N' VI ts'a pa cent
Threatened labor troubles on Manhat-
tan are not serious
The opening OF lake navigation in May
will help TO relieve the congestion Of
freight.
Jay Cooke. 3D. wired from New York
yesterday that Southern Railway will be
moved up and taat it looked as though
the manipulation in Rock Island lad
started again.
wall Street is expecting an announce
ment daily Of the plan for the disposal
of control of The Hooking Valley road
and also for the retirement OF the pre-
ferred stock.
Curb market quotations by wireless
tciegTapby were received in New York
for the first time yesterday by Dow.
Jones e. Co. sending station. which
the brokers described as an incubator on
an automobile, was established in front
OF tire French Cable Building, and re-
ceiving instruments were set up in the
news bureau office.
James J. HiIT sees danger to Amcri-
can industry like that suffered from
trades unions in England. He says il
may be deferred until the Presidential
/ NfdIs bAA - DOAun 10 tOAut-
This country. Mr.. Hill says. is losing
ground and will do well TO even hold
her own markets. We cannot meet the
prices Of England and German competi-
tors or pay the wages unions compel.
So long as the tariff is maintained we
can hold our own.
\ big sugar crop is promised IN Cuba.
RockefeIIers were big buyers of Mis-
souri, Pacific and Wabash.
Copper has risen 10 points above the
low point OF last December.
Buffalo and susquehanna's net earn
ings for the last quarter Of 1902 rose
S1S121.
All the stock exchanges in the East
Will be closed on Thursday. Lincoln
Day
Consolidated Gas Company directors
have declared the regular quarterly
dividend Of per cent.
Last year 5000. 600 tons OF soft coal
were shipped TO Lake Erie ports, an in
crease of 100000 over 1901.
According to Morgan's associates. the
crest Of the bull market will not be
reached before April.
National banks have been requested by
the Comptroller to make a statement
OF their business as Of February G.
December was not so good a month for
Seaboard Air Line. Although gross
revenue advanced $3.50. 900. the net fell
Sl2,9s6.
n
United states Leather affairs so that the
common stock will become more valu-
able.
4 house which represents the largest
Asphalt financiers was buying the bonds
yesterday at 20. Jamison Bros. was
selling them.
J. p Morgan and his friends have been
buying steel stocks. The great banker
saws these shares ARE ridiculously
cheap as an investment"
a deal was closed yesterday by which
the Standard OIL Company interests pu--
chased the controlling stock OF the PeO-
pies Natural Gas Company. The Dur-
chase is made on basis OF 5000 per
share par value OF which is $50 The
Peoples Company is capitalized ar
Il 600 600. and the Standard is said 10
have bought 20 600 shares.
J. n Pew. president o. the Peoples
Company. is TO resign. and will be sue
ceeded by C. n Payne. MIR. Pew viii
remain a director IL was officially an
nOunced that all the managers and en-
plOyes Of the Peoples Company viii re
retained in their present positions
The Peoples Company is constructing
a 20-inch line into West Virginia. 20
be completed July ! which will connect
with the vast gas territory owned and
controlled by the Standard.