Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-20
Practically no Sales are Of
fered on Market.
DEALINGS ARE CONTESTED
Special Causes Are Assigned for the
Strength Shown by Few Holdings
and Have Large Sympathetic En-
feet on .he Narrow Side.


| f. ssional element in the stock mar
| ket defined il as sold out today, mean
| ing that practically no stocks were
offered for sale. The buying was
meagre TO the point of stagnation, but
| bids had to be advanced nevertheless
| to secure stocks. The neglect was
partly due to the fact that the STOCK
exchange will not open tomorrow until
noon and the London exchange not
al all in observance of the funeral day
| OF the late king of England. Inc
days small dealings were congested
in few stocks and some special
causes were assigned for the strength
shown by these which had a large
sympathetic effect upon the dull and
narrow market.
, Reading was most conspicuous and
the operations in that stock were
ascribed TO a speculative party late
" concealed assests in the Reading
treasury in the form OF equities in
securities held which are said 10 De
underyalued in the company's balance
sheet.
The Canadian Pacific rise was &C
companied by rumors OF intended IN
crearse in disbursements to stock
holders Some of the general develop
ments were in favor of the advance.
More confidence was felt in the sue
cess of negotiations for the sale Oh
bonds abroad. Positive announcement
of the placing of $4,000 OF Cincin-
natl, Cleveland & Chicago debentures
in France conduced to this feeling.
There were intimations also that Of
fetal announcement was TO be made
regarding the ST. Paul transactions.
The banks are gaining cash both
from the sub-treasury and on the in
terror movement.
Reports from leading authorities in
the iron and steel trade showed an i'm
Proved tone which was due more 10
belief that a turn in conditions Tor
the better was imminent than to any
actual change. New orders for rail
road equipment were amongst the
news lens from the trade. The bet
ter sentiment in the copper trade was
sympathetic. The days crop advices
also were hopeful. The pOstponement
OF the Chesapeake & Ohio dividend
meeting and a rebound in foreign ex-
change rates were instrumental in
the rather heavy closing tone OF the
market.
Bonds were irregular. Total sales
par value, Sl,l52,000. United States
bonds were unchanged on call.
Total sales for the day, 219,7O0
shares, including: Tobacco, 100; A. &.
L.. 400: c. & o., $500; l.. & N, 300;
y. & W.. 1900; Reading, 6S,100; Sloss
Sheffield, zoe; Southern Railway,
100: V. c. c., 1900.
Allis Chalmers pfd ........-... S2
Amalgamated Copper ...... 7oTs
American Agricultural ......... asa
/ american Beet Sugar =. =. -. 36A
American Can ......-. -.-....- sT2
American Car & Foundry $3.50. 6lh
American Cotton Oil ..---...... boA
American Hide & Leather pfd 32H
iAmcrican Ice Securities -.-.-.. 2is
/ American Linseed 49,. -........ l3h
American Locomotive .--...... AZ
American Smelling & Refining. 1914
ANN. Smelling & Refining pfd l0iA
Ann. steel Foundries ...-.....- % y
| American sugar Refining ..... 12S
American Tel. L. Tel. ...-.-.... q
American Tobacco pfd -.....-.. 95s
American Wocien .--....-..-. 3fIS
! Anaconda Mining Co. ......- "A
Atchison --.----------... iO5Ss
lAtchisOn pfd 1890 .-.........lVl1 y
I Atlantic Coast Line =. $1,000 123 y
/ rsitimore e. Ohio -.........-1l1; a
i Bethlehem steel ...-.-..... z!b
brooklyn Rapid Transit 49, -. 81
canadian Pacific -..------ -lsS a
i f.s-.T Il
'lCentrai Leather pfd - - ..-..lOa
central of New Jersey .......-27O
chesapeake & Ohio -.-.-.-.. s6%
lChicago & Alton 80. -..-..- Asa
lChicago Great Western --..... IA
lChicaga Great western pfd $500 SSk
lChicago & Northwestern -.--..-iSl
! Chicago. Nil 4 St Paul --..-.-.1S9A
-lC. C.. c. 4 81 Louis $1,000 -
J. Colorado Fuel 4 Iron 100000. S1Ss
colorado & southern &C.. 1880. 5sSs
CONSOLIDATED Gas -.- -.-.....-iS7 y
lCorn Products -..----------.- 1914
lDclawarc x Hudson ---.-..lfZ
I Denver 4 Rio Grandc $1,000. fors
Denver & Rio Grandc rid .-.--79iz
I DistiiicrS' Securities ..--..-.... "''-
Erie So ---.--------------. 80
Eric LIST pfd $50 .-..-.-.----.- fb's
Erie md pfd .................. s5is
lGcncrai Electric -. --.--......l5o
lGrcat Northern pfd -----.-.-..i5siz
lCrcat Northern ore Gifts 50 y
! uHnois Central 90. ............iSfis
: ,intcrborouFh Met .-...--...... I'rs
Z Intcrhoroueh-N Met. pfd ..........5fs.
Inter Harvester 90. ........... ssia
+ Inter. Nsrinc rfd ........-...-.. iSis
4 international Paper ... $4,000. II
, international Pump ....---..... 80.
= Iowa Central ... ......--...... 1Niz
N Kansas CITY southern ......... "a
Kansas CITY S-uthcrn nd ...... ~
= I.lcicdc Gas ...-............... ioS =