Show I Financial and Commercial j I I DY r THOMAS I I Now New Y York orl Df eu JR it- it flaro lion of ml mla i n took stock dividend by hy M tI mr l uc weakness In that caused 11 extreme today and furn furnished U h on only I If life Ce Inthe in lit the market fh The stock stolk went wen to ro the or lI ork orth lIthe lowest lowe t price 1900 H InabIlity th the NOW York k Ct Central directors nto to 11 de- de dim cIliA to 1 of the tho preferred stock st or o of tiC sOnt th the stock or of l con con- convertible bonds that hat company compan th thom than n It has benIne been ben An ft- ft since inee J 1596 89 Pennsylvania ted and nd Union Pacific were nil all hN heavy Pr ie Business was at nt a n. standstill time the entire tran transactions for the day 13 amount amount- In lag Ins to legs leas than shares A tel H plIng pl- pl Ing h Is beginning to lo develop clop that perhaps perhaps per haps t the h down downward ware Awin swing awing of ot the market mar mar- hot ket was vas checked too soon ROOn It U may be hI betho hethe tho the gloomy g holidays that depressed the tiu public e. e or 01 It it mo may b be bc- that man many realize now for tho the first time how cru cruel 1 ho has been the liquidation but it Is a fact net that In n man many quarto quarters where there was wn cheery Christmas a n. year ar a ago o a Q spirit pill t toC of oC pl's pessimism m in Is developing Bankers arc are finding it hard bar to keep investors in line Because A. A of oC Gils omo some conservative conserva a Live tive bankers are advising nd the their r clients client to 10 ret get out of the market again and stand aside until the they can n what t Is going to happen happen- A hI ill of or Tho best Investment authorities are RIl advising nd tho ho purchase p e of ot stocks only on breaks They refuse to take a n barIsh bearish bear bar ish position upon lh the market because something may happen n to clear the sit sit- lt- lt and anti they thoy believe beHove that thal the In Investor In- In vestor tOI and trader who altos a n. bullish po position but who ho takes R care to not got get In too deep will wUl be for far II better bellei than the one who ROCS goes OB short of or stocks that have been reduced nl nearly rh a 11 half Juill In market prier price Money on ruled about IS 18 p per nr r cent In th time The Tho total number of or shares r ht of oC stocks sold upon the New York stock k e- e echan ex exchange et- et chan change today amounted to 3 I against tho the same day a ye-ar ye nr II ago Tile The total par value alue of bonds sold 1 today was against against- the thie same flame rIa day a 0 year a. a ago o. o I p Gould today announced that th the Missouri Pacific railroad l has t earned earn earn- ed ell Its Us dividend for the year and the chief chlof stockholders rs are willing to accent accept ac nc ac- ac cent cepl the stock stoel Instead ad of or cash Owing O to the lack Jack of or a good gooel market for fOI Missouri Pacific th the stock Is very widely distributed and the burden will fall nil ch chiefly upon tho the Insiders In the tho break following the announcement the titi stock sold 1 at nt 4 lg This makes R the hi l dividend ln worth a share in e. Sees SN cen Holier helter Times iliac I think I see signs of or Improvement In general business saId Raid Mr r Gould The Tho latest returns of or the tho Western Union Telegraph graph raph company are bottom better stud find th the telegraph business S Is Lu a aIry verj Iry good barometer of or general conditions Th The executive o committee of or the Missouri Mis Missouri Pacific issued a statement ad ati admitting that the dividend hat had been earned but advising against time the dec declaration of a cash dividend The Utah Consolidated Mining corn com company pany will close Its smelter and throw nearly 1000 men out of work because because- e the farmers refuse to upon en n the nuisance A shortage of supplies Is reported i ithe in n the tho steel trade Sixteen mills of tu the e plant at Martins Martin's Ferry Ohio resumed work today and the en entire tire 23 mills of the company l ill b bIn be beIn i- i In operation in a week |