The Washington times., 1907-09-20
FINANCIAL GOSSIP

Americans in London quiet but firm.
X 10 y above parity.
Thomas F Ryan has returned from
Europe. and early action on Metropoli-
tan, dividend is expected
per stocks in London showing the
imp avement.
PENNSYLVANIA court holds that 2-cent
fare law applied 10 Susquehanna ana
Western is unjust and unreasonable.
Louisville earnings second week Sep
TENDER increased $85,ls5 gross.
Southern railway, same week. Increase
SS3 2J3.
Loan crowd shows lighter demand for
stocks,
Colorado and Southern second week
Of September. increase $50, 49l.
The statement OF earnings and ex-
penses of the Baltimore and Ohio rail-
road for the month Of August. 1907, as
compared with the corresponding month
Of last year. Is as follows: Gross earn
ings. 1907. S7.724.3 07; 1906 s7.1Sl.OlO; in
crease, S543. 267. Expenses, 1907, s.. 061. $50;
1906, S4.50S. 429. increase, $553,55t. Net
earnings. 1907. 81, 60 81; 1906 S2.672.611; de
crease, $l0,2S4.
For the two months OF the fiscal year
ended August 81, as compared with the
same period OF last year, the statement
shows: Gross earnings. 1907, $14976, 20;
1906. SIS. 725. $50: increase, 81. 250,324. Ex-
penses, 1907, sl0O09,2s5; 1905, SS,S56,4l5; ir-
crease 1,152S80. Net earnings, 1907, 81
Set, 9l5; 1906. $l,S69. AZ; increase. S97. "A.
This statement includes the following
lines: Baltimore and Ohio Railroad
Company Baltimore and Ohio South
western Railroad Company. Ohio River
Railroad Company. West Virginia Snort
Line railroad Ripley and MIL Creek
Valley railroad, Pittsburg and Western
-ar NrTra FFgfn Dot NJ
Fairport railroad, Pittsburg Cleveland,
and Toledo railroad, and Pittsburg
Junction railroad.
Information has been received from
Col. NJ NJ. Parker, a director Of the
Greene Cananea Copper Company, that
at resent meeting of the directors IL
was decided to reduce the output Of the
company 50 per cent BY retaining the
best men In service IL is expected this
production can be obtained with a re-
oucuon of 20 per cent of the present
working force. The action OF the Can
anea Company IN this respect is in har-
mony with the other large copper pro-
ducerS. It is expected that this action
by the leading producers viii probably
cause an Increase in the price Of copper.
The corn rop Is said to be out OF
all danger nd a $500. OO0-b ushel harvest
is said TO be about what the American
farmer viii gather. While the crop is
not as large as N 1905 OF 1906. the price
IS higher. and the net returns to the
farmers viii be about $S4 600 greater
than in 1896, and S1S4,OO0,0O0 greater than
in 1905.
New York stock brokers are begin
ming TO peep again, and their line OF rea-
soning Is more optimistic. They think
that they can see daylight through the
clouds. It is a long lane that never
turns. and the bears have Certainly had
q long inning.
Mr. Rogers certainly accomplished
wonders when he constructed a road
from the mountains 70 the sea using
his private capital IN the enterprise
This is what he did with the Tidewater
railway.
Uptown professionals were reported
this morning as making an effort IN the
early operations to reach stop orders
placed under the market. Gossip uptown
last night Indicated that the uptown eIe-
ment Is not bullish, but is not sure Of
its position on the short side by any
means.