The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-02-27
STREETS CALM
IS ON SURFACE
SEVERAL RECENT DEVELOPMENTS
CONTAIN THE GERMS OF
EXCITEMENT.
INTERESTS WORRIED
THREE: IMPORTANT SUBJECTS
ROOSEVELT. hENioo AND
BANKING INvfGsTi-
CATION.
INTERESTS WORRIED
u, THOMAS c. snorwr1A.

NEW YORK. Feb. 2s.~-Aslde
ron, new high record IN ran
Handle. the stock market was WIN.
cnt f,nrortant Incident today i'a'
,ne stagnstion WAS dus not so h'oc"
va lack az decisive opinion ~ ''
the fear that any operator gSblei"P'
fng to do anything inraTtaHt nak II,
stErt more trouble than nc e7Hi"
handle. The money trust inNesuEA
ZION. the Roosevelt candidacy ana ~,
pronosed invasion IF Mexico tot!."l.'
the germs of eNc4temeh'. WIZ
s.-e,,.'s ..;,l{urpr. - Al on The sur
:ac9. H..
.rnonr the Things il Was consider
81 x,fr today ~ discus publicly were
,he Threatened coal strikes in Eng
and and PENNSYLVANIA. Wen inform
~ nnancters do not believe either
strike VIII take place. Conditions III
both countries are such as VIII MAKO
II vice for both parties tn the con-
troversies 10 make comprises.
Railroad Earnings Good.
Earnings OF railroads reported TO-
day were satisfactory. Atchisoti
showed "A gross decrease for January
Of s194.9S4. with "a net loss OF sl'''
a74. This means that since July Ift
the earnings of Atkinson have shruhk
AN . 4
/. thu. heaviest sufferers from the crop
failure OF last year AS inUFH or IT'S
line passes through the Oklahoma
corn belt Canadian Pacific report
ed for the l3ifa-~ Week Of February
q gross increase Of s44o,VUo. Inns
rnexns that since July lst. the gross
revenues Of that system have III
creased sIo.i7s,7 us. This has been
accomplished in spite of the fact that
10000. 900 bushels OF wheat were
showed under. and that half OF IT
will be total loss.
Some interest was displayed in the
Supreme Court until 1t became cyl
dent that no big decisions should be
handed down. Several small cases in
>oiving the land department of the
Southern Pacific We're decided, but the
big land case on which SO many mil
lions OF Southern pacihc's assets are
based Is still in rho Circuit Court
and will not reach the Supreme Court
Ter year or more.
Three Important subjects.
The three important things that
were In evcrybodY's mind today
Roosevelt Mexico and the banking
inyestiea tton-wcre discussed with
considerable hesitation. IT Is an open
secret that the big interests are very
much worried over them. Roosevelt
is. according to the Wall street view
doomed To complete ann!hiliation as
ii political influence, but il is fearea
that the process OF elimination Will
have 10 be So strenuous as 10 upset
business. His election to the prtsi-
dency would he accepted as a revolu
ton, and such Il Departure from tins
landmarks as tn force rGorgaJhza
ton of every department Of business
a
day with Benedict Arnold. who did
noble work for his country for many
wears, but finally elected To work foJ
it's destruction. Theodore Roosevelt
and Benedict Arnold Werc the TIVE
names coupled in Wall Street today
AS TO Mexico the proposed pacitica
ton by American troops was con
sidered inevitable. Very naturally /
is feared that the movement of troop,
might DO attended with considerable
excitement. II Is believed in Wal
Street that the entire Mexican prob
lam will be solved within the tern
of the American President To be elect
ed this year, and Rooserelt'a desEr'
to be in the saddle is believed Il
hase driven him to the extreme post
ton he has taken.
Bank Probe Not Feared.
~ TO the banking Investigation
nothing is feared except through mis-
understanding Of the disclosures tina
will be made, The investigation vii
disclose pool transactions and under
writing syndicates and speculative
operations, which conservative bank
ers believe are illegal But conser
vative bankers also believe that thes,
transactions are the logical results o
THE refusal of Congress to pass proper
financial laws and that, therefore, of
tenders should be treated leniently
An adrolt lawyer could make con
ditions look much worse than the,
really are and that is what the Stree
fears.
Number of shares sold to-day
I0a,soi shares; year ago 391.661.
Par value Of bonds sold today
-0,o00, Il year ago $1,910.000.