Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-03-29
BULLS AND BEARS

UULLU hNU ULHHU
Special Dispatch TO The Star
NEW YORK. March 2o.--whue q great
outhurst of activity and sensational ad-
yances are not looked for. the opinion is
generally held thar the tendency Of the
stock market win be upward.
No private information regarding the
soft coal situation was available this morn
ing, but IT Is generally conceded that there
will be a sectional bituminous strike The
matter, however seems to be largely dis
regarded with respect to its bearing upon
the market. well-informed interest says
that there Is a larger supply OF soft coat
above ground than Is generally known.
"a
Vice President Odgen of the Canadian
Pc cifc Railway Co, who Is In New York.
says that the February earnings were the
best for any February In the history of the
company. The net showed AN increase of
over 100000. He says The report for March
will show good increase In gross, and that
the net should he satisfactory also. tie
states that the movement of home seekers
into Canada continues at very large rate.
President Wincheil of the Chicago, Rock
Island, & Pacific Railway Co.. in speaking
of the excellent February statement of
the Rock Island lines. says that during
the last week of February year ago the
weather became somewhat normal, and the
traffic correspondingiy large. Consequently
the earnings during February this year for
one week are in comparison with the large
earnings of a year ago. March OF last year
was a remarkably good month, out III IS I'M
derstood that the gross for the hrst three
weeks Of the current month increased about
$500 200 over last year.
A*
The huying of Mexican Central In the late
trading yesterday is said to have been large
ly by inside interests. which believe that
all Mexican securities are almost certain
to have very pronounced advances IN the
near future.
There is more optimistic talk with re-
speet to the Erie issues than there mas
been for some time.
According to a reported interview had
Yesterday with an officer of the company
at Pittsburg, the Pittsburg and Lake Erie
railroad has not stored an extra. ton OF
coal In authorization of a strike. The Penn
sylyania. Baltimore and Ohio, Wabash and
Bessemer and Lake Erie have stocks OF
ccal stored sufficient to last them for sew
eral weeks in case of suspension OF MN
ing. The officials of all of the railroads
say that the movement of coal over their
lines Is now very heavy, and that II Is
largely for Industrial plants and railroads
who are storing it against an expected
strike.
x
dispatch from Des Moines today says
the sankey bill providing for two-cent-a-
mile railroad fare In Iowa was killed yes
terday in the house by a vote or 81 to ~
X
The United Railways Investment Com
pany of San Francisco yesterday declared
a dividend of AZ per cent on the preferred
stock of the company. payable May l. Ihls
provides for the payment in full of all the
cumulative dividends in arrears on the
preferred stock to September 30, 1919 Inc
dividend on the United Railroads or san
Francisco preferred stock owned by the
Investment company, accruing for the half
year ended March 81. 1906, together with
surplus funds now in the hands OF the
company, will not alone enable the invest
ment company to pay the regular semi
ferred stock for the six months from Sep,
TENDER 80 1908. to March 81, 1906, but VIII
leave a considerable surplus
X
The estimated receipts of cotton at the
three leading points today, compared with
the actual arrivals on the corresponding
DAYS of last week and last year figures In
bales are follows:
I Last 1 Last