The Bridgeport evening farmer., 1909-03-27
Who is who in Bridgeport?
WALL STREET REVIEW
$155, 900 900 To Be Disbursed by Wall
 Street in April.

$155, ,00O, 900 To Be Disbursed by Wall Street in April.
 New York, March 27-Stocks have held strong during the week and this has surprised many who take but a superficial view of the market The fact that, despite attacks. the appoint ment of receivers for two steel com- panieS, the order for foreclosure pro- ceedings in the case of the Third Av- enue Street Railway and small sales of copper metal the market has held and in many instances made advances. which puzzles only those who read the tape. Those who study conditions and who see beyond the tape are not in the least puzzled. The steel market as it always does. Business during the week has been poor and there have been many complaints. The tariff agi- tation. fear of a coal strike and lack of orders by the steel companies has caused Q. pessimistic feeling that is not warranted There has been a thorogh cleaning up in the last two years. and all bad spots have been eliminated, money is cheap, the crop outlook is good, and now we are in a position for another wave of better feeling and increased business which will come gradually.
 The Tennessee Coal & Iron Plants will be classed by the Steel Corpora ton April 1 and it is possible that many will sell stocks because of this when in fact they should do the oppo- site. If those who sell will remember this they will probably save money. If a man had sold steel when it was placed upon a 4 per cent. basis he would have got 55 for it and he could tune when the decline started in- Again if he had bought steel the day the dividend was passed he could have bought it at 10 and he would have made a fortune, but as usual the pub lie was buying t~55 and selling at 10. The stock market discounts the future.
 The sign of an improvement in busi- ness conditions is the gradual falling off in the number of those who have been seeking employment. This has been noticed everywhere and while one hears of a lack of business one at the same time runs across man after man who smiling announces, Well I have got a job at last" This is as much harbinger of good times as the crocus and snow drops are harbingers of Spring.
 Those who own stocks and bonds will not have anything to complain of in April. There will be disbursed next month to 100000 holders of se- curities $155 1000, 900 which will buy ev- cry woman in the country Spring hat and every child Easter eggs galore This is $10,0O0,O00 more than was dis bursed in April of 1908. The increase is due to increases in dividends but more to the increase in bonds out standing.
 Railroad gross earnings for the sec ond week in March show an increase of 9.3 per cent. over the corresponding muonth of 9108. This is a good sign and shows that there has been an inn provement in business despite the gen. eral pessimistic talk that comes from many quarters.
 The firner tone to the time money market that has been noticed during <l,< 6oxy h CD ra- suited in any change. in the rates and call money on Wednesday was report ed in large supply at less than 25 per cent. There is undoubtedly a more hopeful feeling ahong the banks, which are disposed to conserve their loanable funds with a view to improving ex- isting rates.
 J. P. BURTON