Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-02-10
AN A|MLESS MARKET
No Evidences of Liquidation
Nor Any Outside Buying.
BOND Department ACTIVE
Striking Rise in Wabash-Pittsburg
Terminals.
SHARP RAILWAY ADVANCES
Colorado Southern, L. & N. and At
lantic Coast Line Stocks
Prominent.
SHARP RAILWAY ADVANCES

Special Dispatch to The Star.
NEW YORK. February lot was
again the case today that neither the
news of the morning nor the develop
ments with the course of the business
session upon the stock exchange COM
prised any facts calculated to incite spec
ulat!ve activity upon either side of the
account. Consequently the extreme dull
ness of the stock market did not call for
any particular calculation or comment.
During the greater part of the day prices
drifted about in an aimless fashion. There
We're no evidences whatever of genuine
liquidation, nor were there any appear
ances of what is described as outside
buying so far as the stock market was
concerned
The bond market showed continued
animation and one of the chief features
of the dealings there was striking
rise in the Wabash Pittsburg terminal
issues. 1t is reported that in the pend
ing plan of reorganization three other
railway I;iln companies had agreed to pro
vide sufficient traffic as to insure the
payment of the per cent interest on
the Wabash Pittsburg Terminal i per
cent bonds.
In the railway list the most striking
movements were the sharp advances scor-
in Louisville and Nashville and Atlantic
Coast Line. There was nothing very
novel relating to the Colorado Southern
and nothing new bearing so upon Louis
Vile and Nashville aside from the very
favorable statement of earnings recently
made by that company. Fluctuations in
such stocks as Union and Southern Paci-
fic, st. Paul and Reading were limited
and irregular, although those stocks con-
tinued to furnish their usual quota to the
days total tranSa ctionS.
Peoples Gas Under Pressure.
Little of interest resulted from the
transactions in the industrial and miscel-
laneous shares. In the early part of the
day Consolidated Gas enjoyed an ex-
tensive rise, but most of this advance was
subsequently lost.
Peoples Gas continued under pressure
Notwithstanding that at the annual meet
ing of the shareholders today very IA
vorable statement of earnings was sub
mitted, and there were limitations that
the shareholders would soon have the
privilege of subscribing for new issue OF
stock upon very favorable terms. Ameri-
can Smelling was firm and the United
States Steel shares f1uctuated within small
fractions:
The local traction issues were sluggish
during the greater part of the business
session.
Inc lOuuUu StCCh UldTketS were Sener-
ally strong with a rather striking advance
in consois, based, it was said, upon the
improvement in the general political situa-
ton in Europe. Operations here for for
eign account were, however, upon very
small scale and showed an excess of sales
amounting to about 5000 shares.
Money market and foreign exchange cir.
cumstances were practically unaltered. Nc
attention was accorded to the further
small shipments of gold to South Africa
Neither fin in, ho lin
| market appear to enter into the calcula-
tons of spectators in stocks.