Daily press. [volume] (Newport News, Va.) 1896-current, 1909-04-23
c. 8 Q. Directors Adjourn without
TaIing Hoped For Action.
TONE OF MARKET more Cheerful
Stocks Gold "wednesday Were Bought
Back Yesterdsy-Pennsy'vsnia Re.
purchased N. 4 w. Stock Disposed
Of In Height Of Railroad Prosecution
m, Associated Press.

! (By Associated Press.)
NEW YORK. April 22.-The specu'
latiye mood In the stock market to-
day took on a more cheerful hue. al.
| though in somewhat subdued fashion.
| Stocks which were sold YESTERDAY
| we're purchased today and the upwarti
| movement became more uniform and
consistent than the halting and irreg'
ular decline of yesterday. The sub
dued tone of the speculation may be
iustly attributed to the firmer tone
or the market for call loans. rates
| for that form OF credit ranging above
2 per cent again today. The Intention
to refund high interest bearing bonds
OF the Chicago. Burlington 4 Quincy
was announced today. The strength
ened financial position OF many rail-
way companies as q result OF loans
already placed makes a strong sas'
tanning influence for values. Another
substantial support Is the commence
found In the subsistence of apprehen-
sion over the grain crop proposition.
No more was heard Of e. H. Harrt-
mans proposed trip to Europe and the
fears regarding his health which were
protested yesterday. The adjourn
ment Of the Chesapeake & Ohio d.
rectors without the hoped for increase
in the dividend did not cause serious
reduction in the price Of the stock.
The announcement that the Pennsyl'
yania had purchased the Norfolk 4
Western stock sold some time ago to
its bankers during the height of the
ant. corporation agitation was consid-
cred highly significant Of the increas-
ed assurance felt by corporate ION man
ayers regarding the tone OF pu0hc
sentiment towards them.
The, bond market showed breadth
and strength. Total sales. par value
$1O,24O,OO0. u. 8. 81 coupon advanced
ia per cent on call Total sales to-
day SOL 900 shares including: Sugar.
1000; Tobacco. 200: Atlantic Coast
Line. $500: C. & O.. 10.400: L. 4 ~
2,4O0; N. & W.. 1.40o: Reading. 49,
100; Sloss- Shenleld. 500: Southern
Railway. lO.300; Southern Railway
pfd. 1900: Tennessee Copper. 500:
Union Pacific. 1850: U. 8. Steel.
90. 800: V. c. c.. 1900; A. T. 4 I.
Co, 400.
lAma1Samaked Copper 80. ..... 7SA
American Car & Foundry 80. :. so
American Car & Foundry. pfd ..111h
American Cotton OIL ...... o. -,
American Hide & Leather. pfd :. 3SN
American Ice Securities 3SH
American Luseed ...... ...... 10
American Locomotive ..... 54A
American Locomotive. pfd ......114
American SmeAting. & Refng s9h
Amer. Smelling 4 Rerng. pfd ..1O5
American Sugar Refining ......134
American Tobaccs. pfd 80. 80. S6A
American Woolen 80. ....%.... 32H
Anaconda Mining Co. ~. -. ~
Atchiscn -: 49,. -. ........loth
Atohason. pia 80. ...... :...:.losh
Atlantic Ccaa Line 49,. :-....127
Baleimcss 4, Ohio ..... -. ....1l4h
Baltimore L Ohio. pfd -: 80. ss%
Bepklyn" Rapid Transit ....r: 77H'
Canadian Parthc 5000. .l76ss
| CentNla Leather 80. .'...... zSh
Central Leather. pfd go. ......101
CeuNsM Of New Jersey 80. ....27o
Cbesapeake Z Ohio 80. ...... 76h
| Chicago Grcat western 80. ...L 81
Chacaxo q North Western ......1S1
Ca6casD IN. 4 q. Paul .1>Sk
lC.. C.. c. 4 &. Louis .....-.. 74A
Coo rsdD Fuel q IrSu 80. 81
Colorado 4 Southern go. $500. SAX
G, aSado 4 Southern. 1st pfd Sh
CcsosadD L Southern, End pfd 80
lC.m<x,l,dsted (ns 80. go. -. 18TH
Corn psoduc4s ... ...... 80. 22h
Delaware 4 Hudson -. ......1SS
DRIVER 4 RIO GsNnde 80. go. a2A
Denver 4 Rio Grande, pfd ...... 50
! o;sfil,ers' Securities ..... SIX
Erie go. 49,. 80. 30A
| Eric 1T MD 81
Erie ,nd MD ........ -. 49,. sex
General Electric 80. 80. ....1a9
CreAt Nortfern. pfd ...... ...1Ah
Great Northern Orc Cts $3.50. esh
Illinois Central 80. ...... ....14sh
Intcrtu,-Uush. 80. 15x
! tpsersnrmeh- Met. ND go. .... 45h
InterDsfknoal Paper ........ II
iIufesupes,nal Paper. pfd 49,. 81
IuaesratAcnal Pump -. ~
1 iowa Cenkaal go. 80. $3.50. ~
Kanxas CSty Southesn go. go. &5%
KSaaaz Cfy Southern. pfd TN
| Louisville & Nasastl,e 80. ....l3S
Mmeagosts & s.. Louis $500. sek
Mfra., 81. r. & Ssnk 81 ". ..1ash
Msss mi Pacific -. 80. $3.50. $k
4 Missouri Kansas q Tex& 80. s3h
Missouri. Kansas q Texas. pfd 81
|lNeftc.uI Lruh $500. 80. SIN
fN-- VA C~~exAs 1SQA