| Show 1 NE IN INTHE T THE STOCK OCK MARKET MARKETA I A Melon Cutting by the r Company Announced Copper Revives I New C York No Nov strong I tone or of stocks toda today was not accorn I 0 by animation In the tho specula I Uon tion The most strilIng incident or of ofin in the days news was the announcement II or of the melon cutti by bJ the Wells f ui Fargo Express com company pan Tho maCl 4 j mum num dividend distribution on this I stock up to the tho present has been 10 L i par nor cent yearly the advance to that date representing a concession to do de demands Jilt mands from Crom a clamorous minority of 1 the stockholders The Tho high record I price for the th stock the pros pres present I eat ent year was 35 25 announce announcement J flout ment induced salos at A The distribution amounts to three tIe Utes the par value of the lUg Ing stock In cash calling callinS for While tb the capital Is Increased to three fold at the same time timo and the Increase offered to preBen present t holders at pal The reinvestment of capitol capito to be distributed might In VOlVO olve Some lorne reason reMon ns as to tho direct profit accruing but tile tho effect Is sUfficIently brilliant to to Investment holders or of all similarly corporations The collateral topic came up for Cor 1 how far action might Possible Inquisitorial ties by br authorities am and l legislators as to the conduct of oC nn fl Industry that yields such profit Cf iii In of the by 1 the National authorities for tho In J elusion or of the tho express companies as common Carriers other othOl high grade Invest I abut ment stOcks rose buoyantly c j for the tho Qt concealed assets is claimed T Tho o anthracite carriers come within this range T The e coppers carpers Were revived to somo extent and there were reports of some recent large sales of the metal which were put forward however without official authority attached The Tue issuance of the call for reports of condition of oC banks at the or of business November 16 has been to relieve the tho banks bauk from some constraint In granting ac accommodations which they have hao been under while awaiting this call The Thu up the bank lor of England re resene servo sene to 5 percent per cent to U liability gave a stron strong Impression or of the of cr or of th the recuperation of oC that Institution Foreign financial markets seemed somewhat depressed today however with the political complexion threat threatened ened by the debate on the British bud budget get gel There Thero was another engagement of gold made In New ew York for ship shipment meat ment to South America raising the tho total outgo for the present banking week on that account to United States bonds were unchanged ed d on call |
