Daily press. [volume] (Newport News, Va.) 1896-current, 1908-01-29
BANKS BACK OHRNFT
Capitalists Recognize lepd of
Covering Short Id
TGHE OF LIST GEaERAll2r1IFo
Much Importance Attach,
terry Report of United
poration But it Was
Our in Time to Affect
(By Associated Pre-

NEW ORh Jan. 2S~-1n
shown by stocks today WI
cisd to be due to mucht
a -. hsam,
,u 49,. 49,. 80, leas
terests against undue effect
favorable incidents and thel "
an uncovered short interest V
garded as prime factors Id
vance. The rise was folloS -,
reserve by spectators and
ness 10 take profits kept
unsettled at times. Much on'
ance was attached to the ~.
report of the United StadrA
Corporation. and as II waj ee
that the report would not fw'
public until after the close fW'
market, so that no opportunity ~
be offered to operate in the p''
until tomorrow, there wa, A fe
sition 10 wait until then in To-
commitments. The action e
Cleveland. Cincinnati. Chicagoi
louis directors in reducing I'M
idend OH their stock from two I
pc Gang, for the half year, H
chilling effect on sentiment, II
feet was partly Offset by the
ianeons increase in the dlviid
The New York. Chicago & st. /
md preferred stock. another L
diary Vanderbilt company.
Money continued TO lend at
nominal figures on call and theA
loan market was still soft and 4
ing, with no demand for funds al
class. The measures of suppob
prices reasserted their infuend
ter q ieaction on profit takinel
closed the market firm. I
Bonds We're strong. Total
par value. s4.G46.O0O. United s
IS advanced Il per cent. on call
tai sales OF stocks today. "a
shares, including: Copper Al
Smelling IS, 100. pfd 200; Sugar |
brooklyn Rapid Transit "a. 300: {
apeake & Ohio 100; Louisyin
Nashville 400; Reading IFS
Southern Railway 800, pfd 100; L
Paciiic 7O.5O0; United States
1900. pfd 5000; Virginia Car
Chemical 100; Northern Pacific
300; Sloss Sheffield 400.
Closing
Adams Express ............
Amalgamlted Copper ........
American Car & Foundry ..
do pfd ..... =.
American Cotton Oil .........
do pfd
American Express .... /
American Hide K Leather pfd
AiheTlcan Ice
American Linseed Oil ........
do pfd 49,.
American Locomotive
do pfd
American Smelling & Refining
do nfd
American Sugar Refining .....
American Tobacco. pfd., certif.
Anaconda Mining Co ......
Atchison ..........
do pfd Observation-Disclosures.
Atlantic Coast Line .........
Baltimore & Ohio
Nv fia
brooklyn Rapid Transit
Canadian Pacific ............. /
Central OF New Jersey /
Chesapeake & Ohio
Chicago Great Western
Chicago & Northwestern /
Chicago, Milwaukee C ST. Paul |
Chicago Terminal & Transit
do pfd Observation-Disclosures.
Chicago. G. c. & ST. Louis
Colorado Fuel & Iron ........
Colorado & Southern 80. 49,.
do pfd
do I'd pfd .................
Consolidated Gas j
Corn Products q.
do pfd 49,.
Delaware G. Hudson i
r., l.. & w. ............ 4700 .
Denver C Rio Grande
do pfd 800.
Distiilers' Securities
lbrle
do lst pfd
do I'd pfd
General Electric ............. 1
Illinois Central 80. /;
international Paper ..........
no pIu ........ .............
International Pump ........
do pfd Observation-Disclosures.
Iowa Central -.
do pfd .........
Kansas City Southern -. 2O1
10 plu ............ 50W
Louisville G. Nashville -.
Mexican Central .............
Minneapolis &c st. Louis ......
Mimi, st. Paul & Sault Ste NJ.
do pfd 1854 /:
Missouri Pacific
Jssouri. Kansas & Texas 49,.