The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-02-27
NEWPORT NE WIS
WILL Be IMPORTANT I
C. g. O. and N. & w. Promise to
Make This Port a Great
Centre.
HANDICAP FOR HAWLEY
Pennsylvania, Through N. & w.
Control, Expects to Fake
Business From Him.

----------------------+----
NC" 9orh' fepruhry zp.-proles'
sionala sold stocks freely in Wal
street to-day. eypectinp n much wors,
-, s''s'
inc known movements OF moneJ In
dictated heavy cash losses, but both
the average and the actual statements
when published officially showed only
about a million shrinkage in that item
The surplus reserves were reduced
somewhat INT the hank statement a,
n y.t,oIo ty.,a NJ no t,,,or,tnco
49,. .''y..., ,''.t
ihadcrs persisted IN expecting TO
baeco case decision on Monday, and
their expectations ~ this regard aad
no supporr In oplnions from Wnyhing
ton. NoltIior IaN,vcr4 nor insiders OH
lie tobacon AMI an trnsfs exncct ,n,
,tatt4,s., ~ . 80,
Ns,F'oii III ettiief .! l'"Se cases ui'til
both nave bceh fully considered and
That VIII take tYo or three months AS
there has been heavy selling OF stoc,t :
da, t',t,,,ra ~ 49,
> N.a,a,s 80, 49, " iain ivy
'i''eision VIII precipitatc sharp COW
efihs movement in the market. The
Important interests are letting stock
alone as they are not high enough to
n lfSytt n M a,
thc,, car. Ia, 30
Ahother scnndni.
reading. Consolidated Gas and Louis
vile and Nashville yielded most easily
to-day. United states steel hold re-
lativelv drm white e,,cb .tocts ~. IL
,art,tior,I 1f.,.,,.,...-,.. -.
,b,, ad,.a.', "'tu '5enti Lea
~ saIc'o' harvester is strong
because OF the wealth OF the farmers
VINO pTHGfsit4fy a,
OF machinery for this season.
Tile strength OF Central Inatbcr 20
tic foundation OF another scandal for
Wall Street that tho governors might
easily investigate bv askinrr oTicers
OF the company what they arc doing
In the stock market ard why tbay
failods 10 pay that dIyidend IN no
common stock
Although the market was extretnnl.t
quiet most OF last week. il devolopel
strength on what little ACTIVITY wa
shown The chief elements OF stranc-ti,
seemed to be Reading, Union Pacific.
Southern Pacific Iinfted stare s,sri
and nrooklyn. ~ S'ss'
ducai the working hours OF it's men.
claiming reduction in volume Of
business Evidence il general FROM
ell parts OF the country that prepara
lions are under way by an business
mon 10 do 4 record volume of bra.
iness this year
Bnd Wheat nepor,s
Some bad reports on whoar arc ~
ceiyed from d reliable expert IN t5an-
sas. but the general situation In WRIT
* good. and the high rrirsx 80 H.
10 the fact that the cou4,lmp;jnn tlss
grown faster than the sny,uiT ;rboro
have been heavy snows Ia nearly an
agricultural sections and this stcna
tnsures good crops
Great Strength, ,iavetorei 1.to 4, -.
week in Pan Handle ana H., Snr,oII.
and western Tho p.nne,ivs,,ia ,n
srets that n le, control az ei .,,
and Ohio pass into tho hands ~ IA :
win Hawley. Bv It's connection Win
Horfolk and Western II viii he ,bla 70
handicau IIayvI,4v ,nator,.Ii,. pat,,.,,s,
the chesapeake and Ohio and the Nor
folk and Western, tho mort al ~
mouth OF the James RIVER nrarnieas
10 become very tmnnrtant
In the street
Number of shares aold ,o,a, oro
us. wear ago. ,4i.315 pa, -,
OF bonds to-daT 81 ass 400. -. 80
s2137,0U0. . o.
Recent persistent buvlnc Of Nor
day when Inc psnnsy1vaT,ie 'ai Rsiiro W"
had acquired 81 per cent. OF the out-
standing stock OF the Norfolk and
Western Railroad Company. Most Of
the stock was bought AT private sale.
but a liberal amount yeas .roujr.5
through the omen market, Plans foI.
new financing bv the NorfoIk ana
Western are progressirg favorabiv
and an earIv announcement IN mis-
regard is expected. These mans IN
CluIa Tho e%pentifi,re az n hon, stE
600 900 for new construction wn,,s
r.s,r H. Il ~