The Washington herald., 1913-02-14
WALL STREET GOSSIP

There is little worry shown in Chicago
over the attack on the Board of Trade
by the government
Rumors of more calling of loans are
in circulation in commission houses. II
is this situation which is said to have
started some pool liquidation.
It is reported that the announcement
VIII be made of more government suits
lagainst the so-called trusts in the near
future. 1t is intimated that at last the
government may get after some of the
real food trusts, which would lower the
cost OF living.
Voluntary segregation of coal lands
Is rumored for Reading. 1t is reported
that the directors will soon arrange a
company like the Eehigh Valley. Such
would involve the distribution of a big
stock melon, it is said.
The Southern Pacific stock underwrit-
ing syndicate has been considerably over
subscribed and consists of over 500 par
Elephants distributed throughout the
United States, England, France. Ger
many. Holland. Switzerland. Belgium and
Austria. The combined European inter
est in the syndicate amounts to about
$Je,oOo,ooo, or 10 per cent OF the whole.
Market was heavy on apprehension
firemen's strike developments and Mexl-
can situation.
Selling in the morning was by traders
and some scattered liquidation by COM
mission houses. Later there was selling
by some bear houses. Stocks show little
rally and probably there will be more
liquidation to-day.
Utah Copper Company reports for the
quarter ended December 81, in compari-
son with last year. net earnings de-
crease OF 81. 436,40 deficit increase. s,O63,-
Co.,
William s Carter, president of the
brotherhood of Locomotive Firemen and
Trainmen. denied emphatically yesterday
the truth of 4 report published yester-
day morning that the firemen employed
on ffty-fIur railroads in the Eastern
territory will strike Sunday night.
The Lacknwanna Steel Company re-
ports for the year ended December 81.
1913, surplus. after all charges, of S1.00S.-
&1. compared with sS2.so3 in 1911, an in
crease Of S926, ,o1S.
The foreign exchange market opened
with the undertope easy ana the quota
tions nominal The initial rate for de-
mand sterling was ten points lower.
Heidelback, Ickelheimer & Co yester-
day morning announced that they had
engaged s.0Jo.000 gold to Argentina on
Saturday. So far the movement to Ar
gentina aggregates sls,soo.Ooa
The Union Pacific has declared the
regular semi-annual dividend or per
cent on its preferred, and regular quar- |
terly dividend of @1-2 per cent on its |
common stock.
The Colorado Fuel and Iron Company |
has declared a dividend OF IS per cent |
on the preferred stock
Subtreasury gained $4,000 from tn.
banks Tuesday, and since last Friday !
has gained sS.oso,Do
A cable from Berlin says that the DO
iiucal situation abroad is better and |
that money in Germany is easier
Tennessee Copper annual statement for
the fiscal year ended December 81 last,
will not be issued until after
the annual meeting on February q, Pre-
figures indicate the company
viii show balance of 81 10000 available
Tor dividend equal TO n little better than
- a share on the 10000 shares of stock
as compared with a little bet
ter than y share shown in the 1911
statement The total surplus as of !
December 81 last, was approximately
3. 0Ss, 900.