The Washington herald., 1914-01-23
WALL STREET GOSSIP.

II reported on the stock exchange
that $5s.ooo ID bid for seat. The last
sau sales made few daysyaso were at $50.
The Reading Company has declared the
regular quarterly dividend Of Der cent
on the first preferred stock, payable
march l. to stock Of record February ~
Pullman Company has declared the reg
ular quarterly dividend Of g, payable
FEBRUARY 1s to stock OF record January 81.
William A. Read of the banking nrm
OF William A. Read Co., has resigned
from the directorate Of the Interborough
Rapid Transit Company. Mr.. Read has
oeen a director of the company since its
Incorporated on May 6. 1902.
The Standard Oil Company. of Indiana.
mas declared the regular quarterly divi-
uend OF per cent and an extra dividend
OF 4 per cent, payable February Is to
holders OF record February 2.
According to Journal OF Commerce, Feb
ruary interest and dividend disburse-
ments will amount to Sill, ,G37, ,365, against
sloS, i4S, oss last year.
s. B. Chaplin & Co. to w. B. Hibbs-The
ket yesterday, notwithstanding profit
taking on an extensive scale In all direc-
tions. During the greater part of the ses-
sion the market backed and filled within
moderate limits, but in the late afternoon
there was great increase of activity and
the new high figures were reached.
The volume Of activity In Steel was
enormous. and that In Reading on a large
scale. Rumors were current of a settle
nanf Strff ska
poration. but received little credence. the
late advance being attributed to extensive
retirement OF short contracts.
The traders tried for a reaction early
in the day, and their buying also helped
the late advance.
Transactions totaled 7Ss,0o0 shares, the
largest in nine months. Advocates Of
higher prices have the market well in
hand. and unless something unforeseen
occurs the improvement in values should
continue.
Lewis johnson & Co.-The market took
on a new squirt yesterday afternoon. II
looks as IL the change in sentiment was
leading to some pretty active operations
on the bull side. II is announced that
Kuhn. Loeb & Co. have sold all of the
State bonds just purchased. and this
has an influence. The reduction
Of money all over the world. and this, of
course, is a bull argument on securities.
The market is once more rejecting
tendency. Stocks which have
been dormant for a long time are showing
transactions and recovering easily and
rapidly some OF the ground lost last year.
As for the leading standard stocks, they
zeep edsing upward. II in attempting to
AIRY out the Presidents program Con-
sress does not bring in some foolishly
-adical measure. which would cause re-
lewed uncertainty. II looks as IL the bet |
Ter sentiment which has so rapidly de- |
'eloped of late would carry US along into |
continued good market and into reviv- |
ng trade.
J. NJ. Anderson to n. l. Carpenter
While the trading in cotton during yes
erday afternoon was limited. the market |
vas very steady. The demand around
he close was good. and the offerings were \
1t looks like an evening up1
'efore the ginning figures today. Senti-
nent continues to become more bullish.
nd the popular feeling is to buy on all
oft spots, Ns the difference between spots
nd futures will result in the latter
eaching a higher level, and the spot de-
nand throughout the South is reported
nod