The sun., 1912-08-02
FINANCIAL NEWS
AND COMMENT
Upward Movement in Stocks
COntinues-Market Buoyant
in the Last Hour.
PUBLIC INTERESTED AGAIN
Good Response to Indications Of
Definite Trend-Bettcr
Railroad Reports.
PUBLIC INTERESTED AGAIN

| inward movement In stocks was salts
| factory. 1t was apparent that grea
many speculators and investors in an,
out of Wall street had been impressed
! by the remarkable progress made by
| tho crops In July and by the steady
forward strides IN general business. ant
| only awaited evidence Of a definite trcnt
! in tho market to take on stocks. TIL,
| notable Increase in strength and actiyit, ,
ON "Wednesday converted a dormant bull
| iSh sentiment into Investment and hulIisl
speculation. and very largely on that
account tho market yesterday broadene,
ont further. uuickcned its pace and de-
vclopcd steadily increasing strength as
the trading proceeded. The contrast
between the character OF the market
yesterday and only two days before
was striking and unusual. Then the
market was almost entirely staGnant
with a turnover of but 126.00O shares
tho smallest of "A dull month. and price
changes inconsequcntial. Yesterday II
displayed moro animation than on any
other day in several weeks. and showed
at tho close transactions In more than
half "A million shares and in q much
rrcater number of stocks than on any
recent day and greater net gains on
the day. Advances Of point or more
WCrc numerous and. as on the previous
,lav, practically all Of the important
groups Of stocks participated IN the
upward movement. Stocks of the i'm
portant grain carrying roads of the
Northwest and West were conspicuous
with such advances us %. points in
Northwestern. in -. Paul common.
In -. Paul preferred Ia in Great
NV .''''n' - III Hor'ncrh aci'ic, l III
''o' .'."nu ,on'','on' - III hoch ls-
,.n' w 'i." 'nu = III mon racine
WV '''' Gnu .>o'' '',i' raei,'c
' "',n' ,,,, P'eN .'uH n'eh p'!'es "i .hc
"' pa, ''eu'n' impetus pehihu
Wv vi ''es. "es.er" roaus was
"',''u'''uIs ,""'iiuaS S'"n oi 'he eN-
,'''h' corn ana wheat 'ond'lons' put
~ ',rprV, - %, iau' Heh,ineh' was
49, ia' ,a"'! "'tcc'e" pS the oeclara-
' Va Wv. 'eS"'a' sei''-aiiiuai uiNl-
VI pr ''"'' ana per cent
Wv nou'S'ilie anu Nash- :
'" .o"'',e'n h"'i"a!' ST. Louis ana
.'' 'on,iSeo anu o.her roads IN inc
-" anu ."u.h"''t participated IN
wv '',N!'S l" 'ne accompaniment or
"a" ~ .o',on ".ii.ii carrico some OF
'' ''''ot9 'o"i SLOW oaie'
US " "no'e, s.ocks derived strength
~" p,eu'c'iohs 'iiat Mr' wilson
'a. uI.,u'u 10 ehuiic'a'e cautious
~ ''t'H oo'ScrNh'Nc tari'1 poiicy In
n'' .p'''' W accep'ancc' To he delivered
~ ~ "r''N' anu ina 'he canhidat" would
np' "N. o'''' as radi'ai policies IN other
'Hr''lS as Sui'ic hi'hhers OF his party
u ihcre were ais" presented a
.a''i"ao earnings Tor June
~, WV "''a' year whlch compared
-" wv icSpo''"iHS Per1ous more iaNor-
',. 'La.. 'io,' ra'iroau state
~ 'e'"' h'oh'hs. pennsylvania
'' 'e Improvement IN the steel
.n..,'sS' ~ reported '"r June increases of
i'''' III gross ana si'odo'ooo In net.
"" ,oih 'eh'ral showed Increases
W Fi''l ''oVo ana ss'l'ooo IN gross and
Nv '"ot.Hety' Atchisons gross In
:, as" 80 '."oo ana It's net s@2l,ooO.
1870 .n.,s ~, ~ i.a""aF reported an increase
''%''VVv III Hross' nut slight loss In
ne'' ~ appeared from these figures that
W. Improvement IN business in June