New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-28
3R|EF NOTES OF FINANCE
paragraphs Of Current Interest
for the Investor.

vsn Street is very appreCia'i,e anu l., ene
NS va Of the pennant by the Giants
c,lp. rs1ay allowed brokers and traders to
Thuisv tbe bull movement yesterday,
touHi, ming i'm the way Of a sensa-
ina. aD bull market now Is money-tha'
helps some.
Railroads Coming Back.
:, s,raws show the direction Of the wind
,he earnings reports Of railroads in
un'n w. most prosperous coming season.
". onIv are gross earnings showing de
W. wa Improvement, but net results are
~'' a,ollv good. and the period Of new
ap' a. railroad progress and development
"S = 70 h. an hand. Much has been said
..,sp,ists about possible bankruptcy
come railroads, but men who carefully
"a, conditions. who weigh the favorable
s,,st unfavolable factors. admit that
,rosnect for American railroads is
.,,criarlv bright. Ii is thought by rail-
"a men who have watched the ten
~ Of the times that sentiment Is turn
coward a more liberal disposition on
"a mart Of the shipping interests OF the
'.rr.ry In their attitude regarding an in
s..sa IN freight rates. From various de-
s,,tons of Interstate Commerce deci-
''.,s and the natural reversing OF public
,.rior which ever is inclined 10 turn 10
W extreme. the outlook now seems 10
- tr favor Of some allowed increases in
eight rate charges. II this comes true
,,on the railroads will be in clover With
,-sfsc 10 the point where the capacity OF
~ roads will be far exceeded, as now
..or,ised. with earnings for August in
,.os, roads showing an increase in net
,,e railroads appear 10 be returning TO
,ssir oldtime leadership In both invest
,.snt and speculative interest in the stock
market
The Steel Prospect,
with orders for steel products reported
AZ increasing daily and the mills taxed
= q point far IN the future, It would not
] \. Surprising for very considerable I'M
and tonnage TO be shown for September
- ,ha United States Steel Corporation.
The prices for steel appear 10 be running
n, Demand IS so great that consumers
L v their eagerness to specify orders are
vnlipg 10 pay premiums which seem
fashionable in the light Of warranted eX-
Dsnsitures. II is reported that the steel
wporation has accepted orders TO the
AMOUNT Of $4,000 tons for delivery In 1918.
= far in 1912 rail orders placed total
,r,,nd S0J0OgC tons, and they are st!ll
smine In. with a little more than three
ron,bs 10 run before ushering in 1918.
china's Financial Dilemma.
Inst as the financial clouds seemed to
!. Hitting from the new Chinese republic
ana the $4,000 GOO loan so long under &C.
late was apparently arranged comes
tory Of trouble In store for the Celes;ials'
According to advices. the official docu-
uents show s7O.O0O,O0o Indebtedness 10
ne movers as the Boxer indemnity, which
is stated. will be pressed for payment
N ,hat China will find q shortage OF s2O'-
$4,000 II an attempt be made TO lquidaie'
However. instead Of paying out all the
ash received. II IS thought that the six
ower banking group may yet be called
" for a loan.
Tin Supply Limited.
The high prices for tin which have now
reyaied for some time according TO "The
Engineering ana Mining Journal have
ulnulsted production in all the larger
rsducing countries, and have drawn out
hsger exports from the Yunnan province
Il China. They have not, however, devel-
ssyed any important new sources OF sup
{. ~. The yield from Nigeria, from which
much was expected, remains small Tin
asoo, cries are reported from time to time
Z different countries but few or none OF
ten seem 70 reach the point Of actual
4 PRODUCTION. and we continue 20 rely on
The olftimc producers for our supplies OF
his metal.