The Washington herald., 1912-11-10
VAIL STREET R

4 essas sseslvsd ~ nsfaiae ~ .
infss1lae1eaal -hanking hoass fFe1 IT.
l1aAea osess1Dsaeenk said; Sreea1ng
&ao nog6 cain. Doe1in buyfng .CnnA-
l1ea pAelne aud other American sscuss-
ss'd'
I Nsreantils agencies report that ne1tAsg
tsleotlea nor its results have cha1esA
optiniseie undsrteue. and The gitnat3aa
DsoDsnts oae oe the most notabls 'eeonon-
leal ghsncusns Of recent tineA
Massonai Biscuit Company msae - m
cssass In common diviasnd. announced
REGULAR QuaTtoriy diGbureemet Of II On
common and preferred. drosg earninGs
of yeilreads in United States during o.
tebsf slowed gain Of - pr csnt over
last yeAr.
The Erie Railroed has purchaseA 1eee
steel undsrfra1is box cars from the
Western Steal Car and Foundry Com
pany and 90 o( the same design from
the Standard stes, Car Company.
Floor gossip attributes the weakness to
a1tatuds Of Austria in refusing 70 grant
Ssrvta seaport. but the general de-
cline u attributed to weakness In Steel.
due to tartR agitation. E
In year ended June %, subway carried
9oe171sS passengers. an increase Of 81
5000 over 1911.
The Pacific Fruit express has ordered
2ooe refrigerator cara from the Ameri-
can Car and Foundry Company. and the
Maine Central has divided Q 800 car or
der between the Laconaa Car Company,
Standard Steel Car Company and the
Keith Car Company. The B.. r. and p
has ordered 1000 tons Of rails from Pitts
bursh mills.
I Important information II reported
man lines. and an announcement may
Be made this month.
There II q good demand for the pre-
ferred stocks Of railroads In the medium
priced class where dividends are paid.
The private borrowing demand for
leading industriais shows an increase.
There are rumors Of an advance in the
price Of steel products next week.
I'VE haYe . feeling that the American
business men elected Wilson with Q clear
understanding OF his purpose to reduce
the tasiR." says . well-known hIm. !
Money investigators will be guided BY
Wilson's ideas ~ to the Money Trust,
according to latest reports, which show
the investigated resumes November %
There ID some foreign replacement of
holdings Of low-prlced Southwestern
No important move seems to be ex-
pected In Reading until after . decision
IN the coal case shall have been handed
down.
Further irregularity in the general
stock market IL probable, tomorrow.
evidence Of liquidation by banking in
terests and capitalists most active in the
support of the market during the re-
cent heavy foreign liquidation. has been
Of an undisputed character the last two
days. Prices have been At . level re-
Gently which would enable these in
terests to unload such stocks they had
nd intention Of taking with Q pfofit.
With the majority Of the largest houses
hero waiting for . good setback before
recommending purchases again. there. ID
plainly an indication Of . lower range
OF prices for the present. At least
Tho Erie Railroad has purchased 1.ool
steel under-frams box cars from the
Western Steel Car and Foundry Com
pany and 800 Of the same design from
the STANDARD Steel Car Company. Since
July /. 1905, the Erie has purchased 10
locomotives. 3U passenger equipment
cars. and 1Aooc freight cars.
Goldneld Consolidated declared . regu-
lar quarterly dividend Of 30 cents per
share.
Nay Department Stores declared Q reg
ular quarterly dividend Of 1 II per cent
on common stocks. payable December
to stock of record November ls.
Steel tonnasp unified orders increased
1,o42, 900 tons.