The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-04-27
TAKING
BRINGS REACTION
i 0EADrNc SELLS HIGHER THAN FOR
SEVERAL YEARS WITH OTHERS
ADVANCING.
ssINCREASE DIVIDENDS
oETTLEMENT OF PENDING LABOR
DISPUTE CAUSES PUBLIC TO
LOOK ron RIG BUSINESS
IN Future
INCREASE DIVIDEND:
NV THOMAS C. suoTwELL.,

came more active today and more
new h.Eh records we're recorded IN
Wall street The Mexican situation
was either ignored. or looked upon as
an argument for better prices. Read
! ing was the leader throughout the
day and almost frightened It's follow
ssrs by the rapidly of Its advance. III
was the upward movement oil more
than six points In Reading that In
duced traders To take profits late In
the day and thus bring about slight
reaction AT the close. But. even with
this reaction. the market had hrm
undertone, and final prices. although
under the best of the day. showed
net gains in most issues.
Reading sold higher than for Sow
crai years, touching lTs is. Jersey
Central, which Heading controls by
ownership Of a majority of the stock,
rose four points 10 asa which Is with
In three points Of tho highest price
ever touched by that stock. The
usual talk Of Increased dividends on
Reading or of some segregation of
assets was hoard. but Il banker who
is perhaps the leading stakeholder of
tho company denied that anything
ut all would I've done until the Supreme
Court a. Washington hands down the
decision in the coal cases II IS be-
LEVIED by expert accountants that
Reading Is worth $500 share at
least In the event OF segregation.
which would disclose many concealed
assets Jersey Central also has some
concealed assets which would fali
int" the hands OF Reading stoehholn-
Z ers.
surprise 10 street
Next To Reading Union Pacific SUR
II priseo the street mo I'tps' os an au-
vance TO IL. IN me race Vi u
81 earnings iof tne i'oh ms, VI ,,n,o
showing 2 decrease oy .ilio" racn
q s.s.ssA, ana sou'hern Fh.ii ''
sse'ssL f.i H"ps " i ,',' ahe 81. -.
90 boy e'.oiIit az ..a.. 10
~ 5, w ~ AZ 80, -; ,rraasns ma
..,,',i,
,sa,,.a,., pae,,o ,,o,-oa -, - abs
- hiabast nrie., a, ,na his,or,. ~ tbe
,aa,, TVS ,,o,.a,nnrt is exnla,r-
"a ,,arttI. Inv ,ha announcement In
th,x rrl,y,,, sevsra, DAYS ago that the
comnanv would exuend 500 900 600
dauhl. tracking md reducing grades
In the Rocky Mountains, between
Calgary and Vancouver Announce
ment was also made TODAY that the
company has set aside $500, 600 TO
Ne loaned To Young married farmers
who will take honlesteads on Cana
dian Pacific lands paying FOR the
land out Of the crops and being
financed by tho railroad company.
Besides there IL tho American Con-
eress trying 10 smut American ships
out OF the Panama canal IN favor ~
ships owned pH CANADIAN RAILROADS.
Gan Conspicuous.
Among indusfrials american Can,
Rubber and Beet sugar were eonspic'
nous. because all made new high re-
cords, Reasons for the advances III
insiders claim that these reasons have
MT been discounted by any means by
rreeent prices. Mexican petroleum
touched a rev record price at r. Wall
S,rce, has made so much money IN
tstr s.o,k RECENTLY thar pro9, taxing
!. Srtr,t,, 90 ,@aLa &c auraar.pcn
" -, s a,rrnsv,,,
=. rY|a,ar ~ -, ~.
~ IVY M =. -. - -.
sffH''s' gu f"i W, p,lts -. Wv w. y" ~