The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1906-12-11

Tuesday, Dec. II, 1906.
The railroads are behind in cars, both
for freight and passenger service, and
the commission houses have no stocks.
The rich pools have them all
Trust batting is now getting tire
some and has run its course. Nobody
any longer reads the articles in
'Everybody's' and the other sensation
al magazines. The head lines in the
newspapers are no longer taken up
with even the yellow journals; so from
now on the corporation can make its
money and declare its dividends in
peace.
Missouri. Kansas * Texas increased
16 per cent in earnings this year and
net earnings increased 80 per cent in
one quarter. The earnings OF the road
for three months viii alone pay the
dividend on the preferred stock and
leave per cent for the common.
J. z. Morgan told one of his friends
that the man who would buy Steel
common at this price would make
twice as much money inside OF q year
on his investment than the man who
bought Union Pacific, although he him
self was 4 bull on Union Pacific.
Tricks brokers again bid up Atchi-
son. The earnings OF the company are
now about 20 per cent on the common.
The Morton pool in this stock claim
the next dividend will be per cent.
and that the stock is earning more
money and will sell higher than Balti-
more and Ohio.
Standard oil friends say the high
price of money and the low prices
OF stocks are behind us for this year.
Money IS flowing into New York in
large volume from the west. and the
bull market we have been waiting
some time for is now with US.
Friok is again to the front in Read
ing He bought $4,000 shares. The
gossip on the stock is a regular per
cent dividend and per cent extra on
Dec 10. Next year they will divide
the coal lands.
Copper was heavily bought by some
Of the best houses in the street around
ia. OF course copper is cheap. II
the price is ever lifted it viii sell be-
tween 14O and $50. The increase in
production is only 5 per cent this past
year and all the surplus stock is used
up.
Sub-treasury gained ss.27s.OOo from
the banks since Friday. The govern
ment is locking up all the cash money
ha1
900 above the amount expected on their
estimates for the year. The Bank Of
England bought all the gold that ar
rived from South Africa.
Senator Depew woke up and intro
duced a bill for currency relief today.
Delaware and Hudson viii pay 10
per cent dividend and also increase its
capital stock by the bonus route.
New York received $1.25O,O0o gold
for import from France.
Federal attacks on corporations have
hurt sentiment a great deal. It can
be easily noticed in the weakness Of
Union and Southern Pacific in the pro-
posed Investigation of the so-ealled
Hartman railroads, but some of the
| best posted people think Hartman was
| too we'll advised to be caught mapping.
Rock Island will be put on dividend
i basis next year. so the Moore clique
/ says. The preferred viii commence to
/ pay per cent in January and the
! earnings now on the common are equal
! to 8 per cent In addition to that the
road is in first class shape and the
business has greatly increased The
road is in a better country than the
Atchfson and about parallels It.
| The Union Pacific crowd, it develop
ed, have all of the s35.000,00O that the
/ company has loaned out and you can
depend on it this loan viii not be call
! ed. They have bought Union and
/ Southern Pacific. The stock was not
allowed to go up too high, because the
outsider could not get money to specu-
/ late with.
Now watch it boil as soon as money
! gets easy.
! u. L. ID.
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