Daily press. [volume] (Newport News, Va.) 1896-current, 1907-01-10
Maintenance of the Dividend on the
Preferred Stock is Said to Be in
Doubt-Position of Hartman Sc,
curities Has a Decided Effect on
the Market.
(By Associated Press)

short time gave place to some in
clination to buy. The demand seem
ed to come largely from uncovered
shorts who had followed the rapid
decline yesterday. There was some
appearance of supporting orders al
so. These diminished TO almost
nothing on the advance in prices.
The large shrinkage in the days
total sales is evidently of narrow
proportions. The most conspicuous
continuance of the liquidating ten
dency today was in the Southern
railway stock and in the Hill rail
road stocks. 1t was assumed yes
sterday that the sales of the South
'erh railway were due to the progress
of the settlement of the estate Of
the late President of the company
but today there were rumors in
circulation that the maintenance OF
tie dividend on the preferred stock
was In doubt These rumors, how
ever, met with disclaimers from
unofficial sources.
The position in which the Harri-
mai companies are placed by the
Interstate Commerce Commissions
inquiry was a factor In restraining
any renewal of large speculative
ventures. Today's interest in the
stibeict was deepest in the depar-
tore, or reports of the intended de-
pastu:e, for foreign countries of
some of the capitalists whose test.
mony it was expected would be talk
en- by the Commission.
The ruling rate for call loans
today was higher than yesterday,
but the rate eased after the opening
and did not touch yesterdays. Rates
for time. money were rather easier
in tone although not quotably chang
ed.
The market closed strong after a
considerable reaction in sympathy
with the acute weakness of the Hill
stocks. Bonds were decidedly firm
and there was a faint appearance
of January investment demands. To.
tai sales par vlue $2,3SS,OOO U. S.
Coupon advanced 1-S per cent on call
Total sales of stock today 562,1O0;
Copper $500; Sugar 2,1OO; Tobac-
co 500; Atchison 35,1OO; Coastline
400; Pennsylvania, 1880; Reading
100000; Union Pacific 74,400; South
ern 1900; Southern preferred 81
600. U. s. S. $780, Virginia
Carolina Chemical preferred 100.
ADAMS express ............. 290
Amalgamated Copper ........ 119 3-4
American Car & Foundry ~. 441-2
American Car C Foundry pfd. 1O2
American Cotton Oil ........ 311-2
American Cotton Oil pfd -. SO
American Express .... 240
American Hide & Leather pfd 2s ga
American Ice ......... SIS
American Linseed Oil ....... 16 1-2
American Linseed Oil pfd 49,. 35
American Locomotive ...... 73
American Locomotive pfd ~. 40
American Smelling C Refining 1872 7-S
American Smelt. G Refng. pfd 115 3-4
American Sugar Refining 80. 1874 Ia
American Tobacco. pfd. certif. sc IL
Anaconda Mining Co. ..... 2S5 1-2
Atchison .......... ....... 107
Atchison pfd ........ 800. 100 1-2
Atlantic Coast Line ....... 131
Baltimore & Ohio ...... 100 rs
Baltiore & Ohio pfd ......... SO
Brooklyn Rapid Transit 800. 81 "a
Canadian Pacific . 90 SIS
Central of New Jersey 80. 215
Chesapeake & Ohio .... 55 IA
Chicago Great Western 49,. II IA
Chicago e Northwestern 80. 200 10
Chicago, Mil. &c st. Paul 49,. ISL IA
Chicago Terminal & Trans. 9
Chicago Terminal e Trans. pfd %
c., c., C. &c st. Louis ..... 901-2
Colorado Fuel & Iron ...... Sc is
Colorado & Southern ...... SO 3-4
Colorado e Southern 1st pfd. 60
Colorado G Southern End pfd 81 3-4
Consolidated Gas ........ 1913 1-2
Corn Products 231-S
Corn Products pfd .. 81 1-2
Delaware e Hudson ......... 221
Delaware, Lack. e West. 49,. 500
Denyerf& Rio Grande ,:..... Al 1-2
Denver & Rio Grande pfd -. SO
=, Distillers' Securities ..... 70 SIS
" Erie +.......... ............. AZ
Erie 1st pfd ................ rs
Erie End pfd ...... ....... 65 10
General Electric ......... 1853
Hooking Valley ........... 126
Illinois Central .............. 161 10
International Paper ....... Is
international Paper pfd ..... so
International Pump ......... 80 1-2
international Pump pfd ..... 80 IL
Iowa Central ......... Is