Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-05-19
uESAPEAKE & OHIO
oBF; WESTINGHOUSE UP
..,orr Over Action of Rail-
Dad road,s Directors on Dividend.
pffle Contract for Latter.

vopK Nav 19.--Although busi-
NEW -, Tho smallest scale in many
nsss ,ta stock market showed Some I'M
hys 'he oyer Yesterdays weak ses-
prove ,aet.r,ngs we're small and there was
fon " den,and resulting in an advance
ts,css for many issues: MI,
p."Ssities made the widest gains, me
was entirely absent from the
rapbt, r.ts, and trading was OIL prolsssio'itl ~,
.a.yseter Large interests ti,,io 20
fhataetsti,e stocks, as very niue, ii
Aecunlv, sSa buying came from the com
pt,,,on houses. ..,,, roi,i,-
Ah W. a,titude of every one being TO
ths w ~ anv consequence until the
% no''i's .ss,,i, 10 our note is received. 1t
0trhApt ,,anv quarters that the market
ie,s e,,s,.nounted the worst that could nap
fas and that is almost thoroughly iqui-
IA the technical position pei"B oo'-
sSsred strong .,,,.,o, q 10 tbougbt
IN W. market would be more sus-
~, ha,,a ,o good news than bad. Reports
epuV'p porlin stated that preliminary
Holll - the German reply has been sub
a 1...s nv the Foreign Secretary to the
hue.tjor Some changes were sug-
.,"s and the revised draft VIII be pre-
ss.,ed 10 the ministerial council tomor-
tstNu ,ba renly reports say, will prob.
y,. yn, ~ ,ssued on Friday, unless develop
w change the German Governments
me- nv The action of Italy on whether
s,av out or get in the war 1t is
,so,rht. will have great deal TO DO win
,ss time the reply is sent, and also It's
hature o., ,.r,, ro,v
-.asIs placing of the Pennsylvania Rail
ssds order for new equipment caused
..s.ngth in the equipment shares. some
" ,hIs rroup, particularly Pressed Steel
~ which received a large slice OF the
or,sr for 14Oi3 freight cars, moving up
AVER a point The largest amount OF busl-
ssss was in Steel common.
rhs oopper shares were strong despite
,...r nrIces for the metal In London,
rhsre there was sharp break Ihe
sovarning factor of the break there was
ihougft to be politics as tne traae
ussIi continues at the best The price
hsss ls stil holding at 10 cents, while
s.,y n the minor companies are shading
hIs price
weak spots were Chesapeake and Ohio,
rsylcan Petroleum and United Railways
Investment issues. Chesapeake and ONO
4 one time was down 2la points, the
w..Nness h eing caused by some appre-
PENSION as to what the company's direc-
tors will do in regard to dividend when
Mey meet tomorrow. The last payment,
ner cent, was declared six months ago,
1. last November; Mexican Petroleum
vas off 4h per cent while United Rail-
vays common dropped lla and the pre-
iered as the result of the order OF the
Railroad Commission of California that
no more dividends are to be paid "in the
absence of any plan for restitution of
nesVoO withdrawn from the company's
treasury on note by the former presi-
Dent
Tie break in Mexican Petroleum was
accompanied by the rumor that the com
pany,s big well in the Casino district was
on fire.
IN the afternoon session. Westinghouse
Esss strong issue. moving up Az before
o'clock. There was a report that the
eealfact for 100000 rifles for which the
ganpany had been negotiating was closed
i few days ago. The market, on the
Hbpe, closed strong.