! admittedly heavy, to cover commitments
over the week-end. traders who were
long of stocks deemed It wlso to main
tain their position on the theory thai
short covering would take place yester
day. When no buying of that character
made Its appearance at the market's
opening, however, many of them decided
that profits which their holdings showed
them were too good to get away
started In to realise. The short Interest
at the close was said to be about as
heavy as at any time In the last week.
Tennessee Co?l and Iron.
A shipment of $.000 tons of steel rails
has been started on Its way to China by
the Tennessee Coal and Iron Company.
The foreign and domestic orders on the
; books of tho company, according to nu
ihorltative Information, lire of sufficient
volume to Indicate a continued operation
of the rail mill. The new csr plant also
will start with bookings of sufficient
volume to Insure operation for some
j time.
Kdmanila A Jonea Dividend Passed.
I The directors of the Edmunds * Jones
' Corporation have psissed the dividend on
its common stock which has been pn'd
for considerable time at the quarterly
1 rate of 50 cents a share. The regular
quarterly dividend of 1 % per cent, on its
' preferred stock has been declared, pay
! mhie on April 1 to stockholders of record
i on March 20.
*ay? Truffle Improve*.
