Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-09-21
Some Dangerous Stocks.

Some Dangerous Stocks.
Dangerous railroad stocks in
clude New York Central, New
Haven, Rock Island and Chesa-
peake and Ohio
Industrial issues greatly affected by
tarim reductions should be avoided los
investors, although spectators may
earn profits by selecting stocks which
have had severe declines
Despite the priCe-cHtting in steel
products i'm Germany and here re-
fecting the halt in business eNpau-
sion, influential interests I'm the
United States Steel Corporation are
talking optimistiuauy about the com
mon shares. I have heard whispers
that the corporation has few sur
prisos lu store for certain Washing
ron gentlemen who were So eager for
a prosecution The politicians having
had their innings the company, so the
story runs. intends to have its turn
Copper Is a Gamble.
The copper boom continues. IL may
20 much further before the inevitable
crash comes Copper shares are spec
ulatous. IL may be well 10 remind
small investors who do not want to
America probably viii import gold
from Europe
The principal central banks abroad
are well supplied with the metal. and
uuieter trade viii ease the pressure
for funds But the impending quar-
terly settlements entail very heavy
temporary demands and shipments ot
gold may he delayed until next month
Much nonsense is talked aud writ
ten about our command " European
sold We do not command European
gold. Europe does not owe as money
i we are i'm Europe's debt 10 the OK
rent of several billion dollars DONE
forget that fact
In Debt to Europe.
Also we are getting deeper into Eu-
ropes debt every year,
Publication of our August foreign
trade returns. showing export bal
snces OF $50. 600. 900 for the month and
$3.50, 0O0. geo FOR eigh, months. has en-
couragol the boastful assertions about
cur ability to force gold from Euro
peans
Against this surplus of merchan-
else sales over purchases there must
be set what are called invisible
charges against us, running toward a
billion dollars annually.
The volume of gold imports this
autumn is not likely 10 be ahnormally
heavy
Financiers are disposed to accept
coming changes with good grace.
While talking cheerfully they are act
ing cautiously
Everything Is Changed
Said one NerV influential authority:
Even We're the new tarin law AN
right, stin IL Is new tarif law. II
means a change
1.-THE new currency system may be
"a good thing. but IL means a change.
"The crop prospects We're very fine
nj one time bun now there has been
a change.
president Wilson has kept the
Democrats In line remarkably welt
But, in looking ahead, don't forget
that Senators now are Influenced 10y
the popular election innovation. This.
too. is probably an right believe il
win prove "A good thing but IL viii
mean. to say the least less ConserVa-
tism Here also. You see, We are
confronted with a change
Next month viii have 20 bear the
disturbances incidental 90 ushering i'm
new tariff schedules An enormous
mass Of goods will be freed imme-
diateIy from bond and viii give an
appearance OF activity to trade
Railroad RECIPES. which keep uT
wonderfully viii he temporarily in
nated and general sentiment may sud
denly become cNuheranJ but ir Is not
likely 10 last The best that can be
expected during the remainder of 1918
is rea5iustmeut O. new conditions in
nrerarstinu for broad forward
movement next year