OCR Text |
Show MIL BiCEIlT ENLIVERESEXCHANGE .J A. Hoql,- ,t Co., 160 S mill Main slr;a. fin tusli t ho following cli--st of tlnfui-i.'tl news, received over their prl-vn prl-vn to wire: Intel national Harvest er company of New Jersey declares exna dividend of $2 'Hi common, besides regular dividend. Twenty ludusl rials 70.72. olt 1.??.; twenty ralla 7 1 .0i, off .65. J nternai iuun I News bureau Miami November No-vember production, tota, 8.361.426 pounds ol" coppt-r, yu,a inst 2.6 . 3.7 76 in October. Missouri Pacific October "et operating ttn'orne, $2.1m5.I25; i-n monitis" operating operat-ing revenue, net. $!), 225.1 26. lU-iidlrm' system, O'iohcr. net, $50,837; Increase. $iix5::; surpluy after tax. SS7,n;)7; dccren.se, ;2i).33ti; ten months, net, 39.-22N,':i6V 39.-22N,':i6V ; 1 m-rcase, $207,034 ; surplus decrease, de-crease, $ 1 84.056; total all companies October, Oc-tober, Kiirplus, $1,00.941; decrease, 5S99,-G06; 5S99,-G06; ten months' decrease, $3,005,467. ' 'anadia n Paei fie. October, net, $5,054,-702; $5,054,-702; dei 'reuse. $620.038 ; ten months, net, $;I7, 376,1174 ; decrease, if2,5 14,263. Chicago ik Northwestern. (Jctober, net decrease, f 50C.2 Hi ; ten months, net decrease, de-crease, $2. 733, 053. Minneapolis & 8L Louis railway. October, Octo-ber, net decrease SlOLIWti ; len months, net decrease, ? 11,432. Louisville & Nashville. October, net op-eralintf op-eralintf Income,, decrease. $358,753; ten mont hs. Tie. 1 operating Income, increase, S772.1.4S. St. 1 -on is & Sa n Francisco, October, net increase. $33,25?). Cities Service company authorizes Issue of $10,000,000 two-year 7 per cent notes o increase petroleum output of a subsidiary sub-sidiary in sout hwest. Jiomestake Mining company declared tho regular monthly dividend of 65 cents per sha.re, payable December 2t. record December 20. New York stock letter The jrloom of tho t'oronoon, when lower prices than those of yesterday were recorded, was disjelled following the announcement that the Interstate, commerce commission recommended rec-ommended the seizure of all the railroads of the country by the government as a war measure. Supplemental to tills edict was the recommendation which brought about a remarkable change in sentiment, that in the event of seizure taking place, t lie commission uryes that the government govern-ment should take steps to guarantee nroper returns to Investors of all present outstanding stocks and bonds of the carriers. car-riers. This latter recommendation, if carried out, nnd which, no doubt, will be authorized, should have much to do with encouraging holders of tho various railroad rail-road securities and at the same time fostering fos-tering more optimistic sentiment and be reflected in a keener desire on the part of the investing public to purchase more freely many of the high -grade railroad issues, which are selling at subnormal prices and in many instances far below ; their Intrinsic merit. Not alone will this i impart confidence to railroad security I holders, but it should in its entirety : change the aspect of the stock market situation on the whole. New York curb letter Market followed the same course as the security trading on the stock exchange. The general list was extremely weak all through the first half of the day in the mining shares. Stociks and industrials ran off sharply, wtth most attention attached to the trading trad-ing in Tonopah Extension, which declined to 7s, a new low record. This market action was attributed to the poor showing made In the current earnings of the company. Magma was another weaJc feature, dropping from 45 to 42, and Nlpissing was heavy, with sales at S and 7. V. S. Steamship maintained - its strength with an advance from 4"$ to 5'4. and New York Transit sold at 17. Aetna Explosives in demand ranged from to in the early part of the day. Nearly all the oil stocks sold off fractionally, with Merritt dropping drop-ping 1 point to 214 and Houston 'Oil de- : dining: 4 to 22. Wright - Martin yielded ! from 73s to 74- Consolida ted Copper Mines, which bas been strong recently, was in supply, with trading at 7 to 1V&. When the stock market rallied on the news of the recommendation for government govern-ment operations, display of strength also was shown in t he curb trading, with many stocks in a vigorous rally just before be-fore the close. |