Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-02-09
MOVED VERY SLOWLY
Dealings Almost at StandstiI|
Larger Part of Day.
BUSINESS VOLUME STRONG
Still Slightly in Excess of Yester-
days Total.
FAIRLY FIRM TONE EVIDENT
Money Market Rates a Shade Easier
Little Alteration in Sterling
Rates-Foreign Buyers.
Special Dispatch to- The Star.

Special Dispatch to- The Star.
NEW YORK. February a-Today's
stock market was "a very embarrassing
affair during the larger part of the bust
ness session. except to those persons who
might have been interested in a small
number of individual stocks. The gen
cral list was almost at u standstill dur
ing the greater part OF the day. but the
volume of business in both stocks and
bonds was still slightly in excess of that
recorded yesterday.
Al one time or another there were sub
stantial advances scored in General Elec-
trio, Westinghouse Electric and Sloss-
Sheffield. The movement in the last
named had. as logical basis, the res
toration of the quarterly dividend upon
the stock 10 Ia per cent. an advance of
u per cent. The strength of the cleo
trical manufacturing stock was unac-
counted for. save by rather nubulous re-
ports o1 Il rapid recovery in trade condi-
tions
The usually active industrial and miscel-
laneOuS shares f1uctuated very little The
United States Steel stocks were dull and
steady. The traction shares also enjoyed
squirt of animation in the early dealings.
with advances of more than one point
both in Third Avenue and Interboro Met
with the stocks previously mentioned.
however, these gains were substantially
shaded.
Denver and Rio Grande Featured.
In the railway list the Denver and Rio
Grande issues and the Rock Island securi-
ties were exceptionally strong, but other
wise price conditions were unusually lin
tied. 1t might be said. however. that a
fairly firm tone characterized the trading
in all quarters OF the market.
Yesterdays advance resulted doubtless
in a considerable reduction in the short
account. and this appeared TO be partic-
ularly true in the case of the Peoples
Gas; which was one of the few active
stocks to score a material decline
The business of commission houses was
naturally up on very small scale. and
Inc general character of the dealings of
fered few inducements for activity even
on the part of the professional traders
of the board room
The London stock market was firm in
nearly all departments and was dull i'm
connection with the conclusion of the
1ortnlghtly settlement upon the stock ex-
cnange Foreign houses were buyers in
the local market to the extent of about
.o.rO shares.
Bond Market Strong.
There was no abatement in the strength
Of the bond market or change in condi-
tons in the outside investment market
The Rock Island railroad 4 per cents were
notably strong
Money market circumstances were
shade easier, and little alteration was
shown in the rates for sterling exchange
Further discussion of the possibilities of
the so-called Japanese question, excited
by the prominence given to the subject in
the newspapers. ran along throughout the
day. but it could scarcely be said that the
matter attained the dignity of a stock
market influence.
The grain market continued strong hut
Its course was likewise disrega rded in the
speculat ton in securities