New-York tribune., 1910-10-23

AaAAt-S anu lAeAIAAGdAt4 lLa--lfa
Il was needed that such develo,-.
appear. Had the public persisted i =
aIoOf. even hostile attitude. MARIE. -
tUrbance was inevitabIe-f0r the 49,.
Gated feverfshness so much d;z,i,--,
made a noteworthy spectacle. buf
help 20 market values could DO ua -
whatsoever. What was needed 1.
some extent-prOvided- The pu5le =
tfcipates-Or, anyhow. is snowiuv -
participating disposition In New ".
Central this has been particulars 49,
dent The rise there. points On no..
was started By outside purchases -
e has been notable, too. iu StaeT-sho-.s
in that stock the foreign account -.
been augmented. as sequel 70 tha -
ternatiOuaI conference u iron ruas.s-,
here.
Naturally. the Street overf0zs v.s
stories" explanatory OF wha- has taks-
place and suggestive Of What further 4,
coming, and (as usua) the current sss.,
are in large part mere inventions. mean,
only 20 serve for the moment srsal
common is not forthwith 20 gat An -
creased dividend New Tork Central a
not to absorb all the odds and ends -
the Gould system A Reading melon "a
not 70 be cut for Thanksgiving. Jana,
J. Hill has not taken an option uDs,
Rock Island. such yarns may be no
mentarily excitant- But they wither /.
their own qUackery.
II Is urged that up 20 this tine m
market has been independents OF -o,-
sptcuous financial iuterests-Stanis-4
Oil leaders included Il Is true thai
there has been no disclosed co-Operzf;on
in that particular quarter. But neither
has any sign OF hostility appeared. z
is difficult 10 discover ANYTHING 0f sig-
uifcance in this. one way or auoths-
Brass bands are not a Standard Oil fss
or fancy No market ever was the safsr
for hurrahing II the name OF mani1uiar-
Ing rnilliOnafres All such influences m
together are ineffective compared with 2
real public" interested and active
It IS probable that the metal stoeks
Will have leadership among the INDUS
trials, II the market IS % proceed
Smelling joining Steel az the close OF tas
week as a buOyant feature. Improved
price OF silver offers the opportunity tar
gains in the operating profits Of tn
Smelling company. Not merely am0lg
the industriaIs. but as the leader 0f the
entire Stock Exchange list steel con
mon maintains its prOmineuca. A coupe
OF days hence the report OF the CORPORA
ton viii De made public FOR the thit
quarter OF the year. This report viii n
feet ebb-tide business for quite l0ng
period But il is well understood tha-
since the close Of September striking IN
provement shows n the booking of Or
der OF Steel products Consumers haTs
held of 70 a point where needs becons
imperative. Steel experts are Unani1o-s
in the expression OF opinion that not onlT
can there not Be continuance OF dulEssS
but that there must be quick improve
msnt- It needs but a word from head
Cuarrers-frOm important cOntrollns
fnauCierstO start q food Of orders rf
rails and other steeI manufactures s1f-
fiCienr 70 employ every MIL and I1e-lJ
in the country ar overtime capacity not
will this be confined % the business "a
The Steel Corporation and l-s conlsnilt
rarfes-it VIII find corresponding acuEi%
for the equipment uanu-a--urers-
As IN the steel trade So generally u
the commercial business NJ -he couHul'
there has been couCnuauce OF tne "~'
ing dispOsi iLiOn-the country nerch1l-
and the city merchant alike buyins on.
10 meet immediate demands. this coma
riou reflected in tho slow going rsceI-s
OF our factories The one "l-lH'
word from headquarters VIII Dc @llP
10 start and propeI coUmsrrial ano -
ar,s+rtaI activity in every department.
and az steel goes So the -o-I-s
whole viii go
And renewed business HE VII Co
into a situation where pro--s c~A
produced with proTupIUess and u -
T1rn- unprecedented, tor during -
seasons OF restriction thr-e nave
economies enforced which assure Ai''
rfalIv larger percentages or plO~-
Drorr than ever hitherto. To ms - -
-scart hard times include o--ll1--sr
blessing What formerly we've pOgS-'sT- -
rAparded as ordinary and nol-1i1 - -
nsDs@ win hereafter be regaE de1 '--ir{
+r-s,-asance The country. net - L
cauacitv IS thus Increased slupe--'
Local New York City securities p.
ise 10 figure prominently IN In@lA'.
pausfon-prOmise eXceprlond44l
ble exhibits. whatever the gene'S
ls- NAV do. DurinE the coming
Developments Of consequence may ~
-bs Srar,,s OF the traction properties
terborough- Metropolitan and 80
Rapid Transit. IonE seuin- Hia'N
,,,,rfrsi- value. are 50 situated a.
vantage largely. The IuteroofOa7- =.
tenn Is taxed BY -rafti- GRO" oil-
bevond convenient carry ins -
How intimate and essential tne
b,-or,sb has become 90 che 0rdlaa''
dl1ct of the AFFAIRS of tae
was most striking.y Illustrates
sav Or TWO aGo the deraiisng OF -
car in the subway brought Gis''-
and subarrassrnent % HUNDREDS - :.
ssnds ~ citizens. Such an sA'r-
reason compelling enough f'F -, -
ing OF franchises which snAli -
tn. scope of the IuJerborousn
Irresistible population sro"'A .ss
this compulsive-tor the ei'ys .,ss
even II there be- involved oiss0- -.,s,s
for the corporation only the =
prejudice can continue ah'ASo-,b -..,.b b
cause Of errors and evils Tor N-.s