The Washington herald., 1912-11-07

state Commerce Commission that tb<
fembargo against transit Of its cars ovsl
iother roads has been raised. This prom
ises less shortage.
Fabricating shop contracts booked in
1sl1 u likely to be . record-brsaker.
B. r. Yoakum. chairman Of the board
Of the Frisco Lines. says:
Il am very much pleased with the cleo
ton of Gov. Wilson. From my personal
acquaintance with him am entirely con-
hdent he win carry out all the policies he
has promised during the campaign.
| Il am sure he II earnestly In favor Of
Everything he has advocated and 10 en-
tirely competent"
The Western Federation Of Miners has
called OF the strike Of the miners At the
mines OF the Nevada Consolidated Cop
per Company.
The report Of the Nevada Consolidated
Copper Company for the quartet ended
September % showed . net profit Of $s4.
1ah
The president Of Q banking institution,
which 10 the nucleus Of one Of the largest
banking groups in the city. says: 'T con-
sfder the election q most wholesome one
and do not look to sec Gov. Wilson COM
NIT political hari karl. do not look to
see . repetition Of tho Cleveland admin
istration. for the reason that the popular
support Of Gov. Wilson VIII enable him to
lead his party and not Be led by It."
An increase Of approximately 10000
tons In the Steel Corporation unified ton
mage 10 expected to be shown by the
statement for October. which will BE- t.
sued Saturday. This would bring the to-
tai on the corporations books to around
100000 tons against 6,55l. .O7 on Septem-
her %. Men familiar with trade condi-
Ing October was considerably heavier
than in the previous month.
Geo. ]. Gould 10 well pleased with the
result Of the election and expects q
Democratic administration to have lit
tie or no eject on business, which u
now on a sound basis and should 90
continue Tho tariff adjustment ha
says. cannot be made in q day. q month,
o. q year. and any changes will be SO
gradual that business will readily ad-
Just itself to the new conditions.
w. E. Corey's interview had q FOOD
effect on Amalsamated Copper prefer
red. but American Smelling was some
what affected by the declaration Of the
dividend at the regular rate. A few
holders seemed to have clung to expec-
tation OF an increase. although pretty
definite statements to the contrary were
made weeks ago.
The directors of the American Cotton
OIL Company At their meeting to-day
are expected to take compromise action
upon the dividend on the common stock.
The company. on October L showed
earnings Of s-lo per cent on common.
and did not owe any money to banks.
The indications are that . compromise
Will be reached and q dividend OF al
per cent paid on the common stock.
There 10 . widespread belief among big
traders that the London market for
Americans is highly manipulated for the
Rumors are current in well-informed
quarters that speciality pools will soon
become active again on the long side of
the market. although the COLLAPSE of the
Beet Sugar pool has caused some un-
easiness as TO loans.
Specialists report offerings on a fairly
substantial scale in Steel above the cur
rent market levels.
Reading and Union are in rood .hane
10 rally and for . short covering gen
orally.
The Grangers are being bought on in
side reports Of very large earnings for
Great Northern. Northern Pacific. and a
better showing this month for st. Paul.
I'VE believe that the strong funda-
mental conditions Of the country will
govern as soon as temporary excitement
md uncertainty are past" saws a very
institution that has lately
,een very accurate on market moves.
Investment buying IL expected to in
,reass materially during the next sixty
lays.
Large financial interests believed Will
ION would win and they prepared their
lnairs for such a result. according to
banking authority of high standing.
Tho American Tobacco companv d.
Jared its regular quarterly dividend Of
~ Der cent on common stock, PAYABLE
December 2. to holders Of record Novem.
YER Is.
Europe was the only buyer At the OPEN
ng. Afterward the market turned heavy.
Most of the selling l. eomine from tb.
3ul Moosers.
United States Steel VIII issue IT'S octo-
'er unified steel tonnage figures At 11:s5
: m. Saturday. Tho general belief IA
hat October established Q new high
ecord in excess ordera
Even at these prices II IL surprising ho2