two o'clock
When , on Wednesday , the directors of the L.D. and M. adjourned without declaring a dividend , that stock , which had advanced somewhat owing to the speculative trading of the past three weeks , fell from 56 to 50 , and closed weak at 49-1/4 . Directly after the close of the exchange , Norcross , as though by program , reconvened the directors , who declared a dividend of one and one-half per cent . The news was about by the time the market opened yesterday , and L.D. and M. made the record jump of the year , going to 76 and closing strong at 75-1/2 . It scarcely went below that point to-day , and at two o'clock touched its highest notch -- 76-3/4 . Considerable criticism of Norcross was heard on the street to-day . -LRB- From the Wall Street _ Sun _ , Oct. 24 , 190 - -RRB- The firm of Bulger and Watson , promoters and Stock Exchange operators , made an assignment this morning .