Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-07-30
OCKS ENDED DAY
WITH RREGULARITY
some Of War Specialties Show
I'd Bethlehem Steers
orders Big.

..rw YORK, July SO.-Due in large
...ure to the severe shaking UP re-
IA late yesterday, when there was a
.,srted raid against Crucible steel. the
~ market was distinctly nervous to-
There was no trace of uneasiness
he dealings as in the last hour yester-
I, however. Again, there was a re-
,and in the war specialties at the start,
a ,he gains were largest in the Issues
AN had dropped the most on yes
tday's decline This was largely
.,aght about by squeeze OF shorts,
ees on the other hand the old rumor
\ ths formation OF new steel combine
ryai United States Steel, despite posi-
=. denials was used to boost prices of
n rdustrlals In the early dealings.
rhe fluctuations in some of the war
.+lsllies were wide. For instance.
.hlehem steel bounded up 6 points at
tart. subsequently falling Ia points
I polnts below the final of yesterday
"a then recovering 10h points, and this
happened in the first two hours.
ruclbie steel acted in much the same
shon. although its movements were not
,slde 1t moved up points, lost
IL
sdsv price movements were Of dis
-,tv Irregular sort. The market was
without it's new high record marks,
.,ao daily by some issue or other. To-
n n was left to Westinghouse, which
a up nearly Sh points before noon.
ns6ncing of the st. Paul common divi-
'es was naturally a disturbing factor,
"A more 80 in the railroads than any
,s,rs else. The rails Jagged, little inter-
n being shown in them, and they were
-negaiiy all down. the Western roads
nsrticular. st. Paul, Of course, was
4 weakest issue, at one time being
avn over three points, from which
ont Il recovered somewhat. Atchison,
snadian Pacific, Baltimore and Ohio
ere all under pressure.
M tho afternoon session the railroad
ares we're taken in hand and virtually
became strong. while interest in the
acialties, which have been monopolizing
market here of late, became smaller.
soon as the Atchison earning state
ent for June and 10 months, which was
,od came out after midday, that issue
med up, and 1t had sympathetic ef-
x on the rest of the railroads. In June
gross was increased $6s0,429 and the
s76,761, while tho 12 months grosi
AZ 1886. SIS larger. and the net 1896, $50.
Railroad shares did not stay at the
prices very long and profit taking
les soon sent them down. They fin-
he'd up very irregular, but for the most
NJ we're a little above the final of yes
fday On the other hand, some of the
eciaites showed losses. this being
,tably true of Bethlehem Steel, which
cund up the day points under.
Very little attention, apparently, was
hid to the report that the S25O,O00,0OO of
ar orders which the company has
'oked, and that negotiations were pend
to add largely to this total,
All IN all, the market ended the day
.fy Irregular.
AS a reason for the advance of 6 points
b the day In American Coal Products
was said that the company is expected
itclare an extra dividend on the COM
non took toward the end of the present
ear, apd 1t is said in banking quarters
hat Il is the plan to call for payment
81 extra . per cent in cash on the
anon, making 12 per cent for the