Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-03-16
ONLY FEW STOCKS ACTIVE
CoNsOL. GAS NEW LOW RECORD
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March ia small and
poorly distributed business was conducted
upon the stock exchange today. and the
limited movements in the market at large
seemed 10 be mainly in response TO those
which were shown in Few particular
stocks that have been prominent through
out the weeks transactions
Missouri Pacific was today the leading
feature in respect to activity, ana In inc
early nart OF the day the stock suffered
further severe decline. following upon IT'S
sharp loss in yesterdays closing dealings
Tb. early pressure against Missouri "a
cifc. as was the case yesterday, was oaseu
wholly upon the revelation tnat s''iai
dencIt had been incurred through the pay
ment Of the full dividend on the stock OUT
OF the earnings Of the twelve months ehoeo
December 81. ,,s,.,
under which the road was operated our
ing that period were fuliy set torth N sn,u
remarks of the president accompanying
ths annual report, and there is no reason
,hstaver for expecting their repetition IN
IVA missouri Pacific company has. IN
fact made very substantial gains IN earn earn
inns since the opening OF the new year
consideration of these circumstances leu 10
a lively rally in the stock with the course
OF the morning. The other chlef suHereuS
IN this weeks dealings, namely Cohson-
dated Gas and the Chicago Union irao''''
shares moved irregularly
A New Low Level.
Consolidated Gas stock declined to new
low level but showed along with the de-
benture bonds, a slightly better degree OF
rupport than has been heretofore apparent
and there were some evidences that the
I.ouiiation in the Chicago Traction issues
had temporarily eliminated. AS has been
trua of the market throughout the week.
certain stocks showed relative Strength
with nothing particularly novel ana aeliiiite
to he addnced in connection with their
course
Cases in point were Louisville and NASH
VILE Southern Railway and Reading. Inc
strength OF Louisville and NashVlie was
again accompanied by reports that the next
dividend on the stock would be declared az
the rate OF per cent per annum. but THESE
predictions appeared to be based more on
what might be called an assured eVentuai-
itv "a thar than upon authoritative sanction
Active dealings In the Industrial ana ms
celFaueous shares were connned 10 tonsol-
dated Gas. Amagamated Copper ana the
United States Steel stocks The iast-named
war. firm in connection with the publication
OF the complete pamphlet report or the cor
poratfou for Its ended fiscal year. from
which 1t appeared that something over per
cent had actually been earned upon the
common stock.
There was. of course, nothing especially
new Ia this showing TO those who have fol-
lowed the previously published quarter by
statements OF the corporation as they APP
psared from time to time
London Quiet.
The London stock market remained under
the baneful influence of the apparently in
terminable Moroccan controversy. and was
further held in check by uneasiness regard
ing the monetary situation there.
Operations here for foreign account were
confined TO dealings in a few thousand
shares with negligible net results.