Daily press. [volume] (Newport News, Va.) 1896-current, 1909-01-31
PoeF Prospect for Values Pa'a|yzss
Stock Market Demand.
INVESTIGATION SPREADS ALARM
Feared That Probe by Senate OF steer
Merger May Involve POLITICAL a'o
p.r.on,, Rancor to the 0eterinent
Of Spectators.



NEW YORK, Jan ga clear OK
preston OF dissatisfaction with III
prospect for values Is gathered lto"
tho action of the stock market toaa!
This feeling paralyz"s the deh'a""
for stocks and leaves the way open
for bearish aggression where II doeS
not prompt the initia;iv" IN ilIu'Ha
ton. Mercantile agencies add 'hei'
testimony to that from other sources
as ~ The unsatisfactory showing "
January trade relations. This was
the principal influence behind IN" SER
ing OF stocks. but Il was supplement-
cd by specifc causes of apprehension
A fear is expressed that the inHesti'
CATION by a Senate commute" al
Washington inio the absorption OF 'h'
Tennessee Coal 4 Iron Company NAV
involve political and personal rancof
TO a degree that will throw uniavofa
BILE effects on the affairs Of the Unit
ed States Steel Corporation.
Although without effect in the day !
market much satisfaction was felt
over the half monthly report of the
committee ON car efficiency or me
American Railway Association in its
exhibit of n decrease in the number
Of surplus of idle freight cars in the
country. the first which has occurred
since the half month ending October
2S when the minimum OF lo",n':'
csrs was touched. since the depr"S
sion.
The hank statement. as was expect.
cd. reflected the withdrawal OF cash
by the trust companies from the
banks to meet the additional reserve
requirement In force en- February l
Bonds were irregular. Total sales
par value $2.454.OO0. United States
2's registered have declined Y AMI
the coupon y per cent on call during
the week.
Total sales were 42l.50H shares. In
Guiding: Copper $1,000: Sugar 100;
Chesapeake l. Ohio 1880: Louisvill'
L Nashville 200; Reading 46.4""
Sloss Sheffeld Steel 4 Iron 100
Southern Railway 1900, do pfd. GOO
Tennessee Copper ll.loo: Union Pa
cihc $4,000: United States Steel 81.
600: Virginia Carolina Chemical $50"
Amalgamated Copper -. .... I3M
American Car 4 Foundry 49,. iSl4
American Car K Foundry. rfd no
American Cotton OH ... SIX
American Hide 4 Leather. pfd 40
American Ice Securities .... II
American l.inseed .......... II
American Locomotive ........ i5,:
American Locomotive. pfI 1890. II"
American Smelling 4 Re!'ng 81
Amer. Smelling 4 Refng. rfd lol'
American Sugar Refining ... -"
melican Tobacco, pfd 1885,. ri
American Wooden ............ @SA
Anaconda Mining Co. ......... AZ
AtchlsOn ................... 49,
Atchison. DID .... ....... loli.
Atlantic Coast Line ......... los
Baltimore 4 Ohio ........... ll"''
Baltimore l. Ohio. pfd. ....... %
Brooklyn Rapid Transit ...... tS''
Canadian Pacific ........ III,
Central Leather ....... 70
Central Leather pfd ......... l"i
Central OF New Jersey ..... 30
Chesapeake 4 Ohio ......... 6lA
Chicago Great Western ...... -
Chicago 4 North Western .... l13a
Chicago. Mil 4 3. Paul ...... li>$
c.. C., {. 4 ST. Louis ........ Is
Colorado Fuel 4 Iron $1,000. 20
. Colorado 4 Southern 6u2
Colorado l. Southern LIST pfd ~
Colorado 4 Southern. md PHI -
Consolidated Gas ............ III
Corn Products ........... III
Delaware & Hudson ......... l1ii
Denver Il Rio Grande ...-.... ala
Denver & Rio Grand". pti . >"l
Nstillers' Securities ......... $S'
Erie Sul
Erie. LIST pfd .......... $500. ~
Erie. End pfd ............ -. p
General Electric ........... i"2i
Great Northern, pfI 49,. .-.. li"7
Great Northern Ore Cts ...... IL,
Illinois Central ............ lir
electromagnetic. ........ LA
PETERBOROUGH Met, pfd .... i"i
International Paper ......... ia
International Paper. pfd ...... -
International Pump ...... .. ~
iowa Central ............... @9'
Kansas City Southern ,....... i"'
Kansas City Southern. pfd &c. a.
Louisville & Nashville ...... i2n'
Minneapolis 4 81. Louis ....... -
MINI. 81. p. L Saul; ST. VI. ~
Missouri Pacific ......... 80
Missouri. Kansas K Texas " ~
Missouri. Kansas T. T"xas. p'd 81
National Lead .............. 80
New York Central ............ 1876
New York. on ario 4 Western 49,
Norfolk 4 Western ........ Sal