Show I TICKER NEWS j. j o p o p oBy By the tho Harold TL II Smoot Co New York March IS It It Is gossip among specialists In tho railway equipment equip equip- snout ment group that all offerings of Baldwin Baldwin Bald Bald- win have been going into hands of prominent railway people Washington The The Senate committee on en commerce today ordered a favorable favorable favor favor- able report on the resolution providing for an investigation of the shoe and leather industry In all Its branches It also took steps to start an Investigation into the tho newsprint Industry and authorized appointment of a temporary chairman to take up that investigation It was stated at the offices of J. J P. P Morgan Co that they have no knowledge knowledge knowl knowl- edge of gold reported in papers as coming from Great Britain on a warship clue at Halifax this week Philadelphia Negotiations Negotiations arc aro still going on with the tho Chicago Milwaukee t St. St Paul for locomotives from the Baldwin company The Tho annual report of the Freeport Texas Texas' shows earnings equivalent to a sharo on the tho capital stock The Atlantic Coast company declared a regular quarterly dividend of 2 21 per percent cent payable March 31 ii to stockholders of record March CO 20 The directors of the tho General Electric have authorized the offering of now stock to present shareholders at a ashare ashare share on the tho basis of one share of nOW new for each ten now hold Holders of record April C 6 ave are given the tho privilege of subscribing on the inspiration of date May 20 Payment for tile the now stock must be made on or before Ma May 20 Albany A. A bill will bo Introduced In inthe the tho legislature soon to Increase the tax lax on traffic of stocks from trono Jl 2 per hundred to 1 SI per hundred Tills This bill line has the tho hacking backing of legislative leaders who will urge Its passage on the tho ground cf of needed revenue In the first eight months of the tho current fiscal year the tho present 2 tax produced nearly a mil million mU- mU lion more mere revenue than In the tho entire twelve months of any previous fiscal year Dow Dow Jones Co Philadelphia company properties have or ordered a distribution of 5 2 a sharo on the tho certificate of beneficial interest payable April Z 5 to stock of record March 29 Two payments of 2 2 a share sharo wore made on these certificates certificates cates last year Tile The continued relaxation of the credit cred it situation Is the prime factor in the tho stock market at the tho present moment It seems that it will enable to further general Improvement In prices Donot Lo Do not attach too much market Importance to Secretary Houston's Houstons tax theorieS but It really Theres many a slip etc Is refreshing to feel that at least we have in this distressing administration a cabinet officer with a bit of sanity anti and courage to publicly express It Morse Tho government suit against the tho Rending fending company and other defendants now before the tho United States supreme court has become an Important market factor since the decision In tho United States Steel suit was waa handed down believe the same line of reasoning followed folioed in tile the latter case caso will ill also alao bo lo applied by the tho court In Inthe tie the Heading case that public Interest is paramount U Is Involved Steel trade ratIo organs say there Is a marked shortage of coal and scarcity of cars continues The Tho flank Bank of rate rato is un unchanged unchanged un- un changed at 6 0 per cent V Treasury department experts do not believe entire not net loss through stock dividend decision will bo be moro more than CHICAGO CHICAGO March IS Sales on the Chicago tok eu today Armour Leather at loll 1 M Armour Leather pM nt at S Sl 46 Ar Armour tr- tr Inns mour Co pfd nt at 27 c at 10 at M. M |