Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-09-08
Knocks IRREGULAR
At CLOSE OF SESSION
|,u.r specialties Lost Part of
Their Gains-Crop Report
Encouraging

Ia CORK. sept. s-Operations on
. NV rnxchange today were much
fht s.a ,,,ling yesterday, in that the
4 Ibf mosv - vsry irregular, with n strong
uafse. rather vigorous buying, then
star 10, from the best, followed by
rs'..s recovery all around from the low.
I..aa,iatIve interest seemed to be about
cpsS,v divided between number OF prom
tfenay .aiiravs and several of the more
4 insnt ,ndustrials in the early hours.
1fuvs ans seemed to have lost interest
tVe,s uesnerian affair, and the great
ne. w decided to await developments
',r,. 49, corning TO any conclusion.
belo'. 49, inward swing the war special
w sada the largest gains, General Mo-
w. ~. going up 5h points and Crucible
49,, over points. Tennessee copper
~ strong spot in the copper group.
vs. AZ one time 2h points. This stock
PENS ~ 4, The opposite direction from the
mo.sc - the metal shares, which were
Irs.ss.rsilv lower. despite cables from Lon
~ Giving higher quotations for the
n,.t oon tn' that market. Rock Island was
| ~ raak in the early hours, losing Q
seis,. hut recovered before midday.
FSp.is,ive Armness was shown by United
o,.,es steel throughout the day, and II
4 s.nerally held a trifie above yesterdays
ss,ose II is understood In several quar-
II a.. of
~ rate OF between $500 and 10000 tons
!. sxcess Of shipments has been booked
airing the last month. and the showing
4 u the tonnage statement on Friday is
sxnocted to be good. The outlook of the
,esl trade as a whole is very good. Rail-
rr.ds have begun preparing their esti-
4 retes on 1916 requirements, because of
4 ~ abnormal demands being made by
4 rurouean nations for war munition steel.
\ ma steel trade figures that the rail
j tnving for 1916; will be much larger, as
4 n, railroads have been making their
j IA rails do for the sake of economy.
4 snd their replacements will be larger.
a psu orders since the first of the year
tctal l,214,OOO against 1,25S,000 tons last
/ year.
\ sovershadowing all else in the afternoon
vas an upward movement in Bethlehem
4 steel Of 12 points from the close of yes
terday War specialties were the most ac-
. i've. with Bethlehem, Crucible and Cen
\ sral Motors leading. AT the top price the
4 latter made a new high record. Trading
was not on as large a scale in the aft
ernoon as in the morning. Western
\ Union made a good. response to the in
1 crease in the dividend from 1 per cent.
. quarterly. to N per cent, which places
The stock on 5 per cent. basis. The
closing was irregular, with some of the
d specialites losing some of their gains
Bethlehem, for instance, dropping back 3
points
With respect to the latest gold ship
msnt from London it was announced that
there was American gold gain valued at
rSoee9 and British sovereigns to the
A amount of 900, valued at S11 ,615, 900
4 making an aggregate total of $19, 466, 900.
Nothing was said as to the amount and
4 Inscription of the securities which came
4 over with the gold. More gold is ex-
r pected 10 come in very shortly. Cables
E from Paris today said that French and
English bankers are prepared. Jointly to
send up to- ESQ. 900, 900 CS4OO 900. OOO) in gold
. 10 this country to steady exchange.
4 The most encouraging item of news
came late In the day in the shape of the
government crop report, and this was
9 Stimulating factor to the stock market
The estimate for all wheat as of Septem-
8 Der was for total production of 9S1, ,OOO,-
90 bushels, a new high record. and 15,-
E oeoO bushels above the August estimate.
4 The previous record yield was last year,
& when the final was S91, ,000,O 900 bushels, this
8 year's estimate being 10000, 900 bushels
hrgef, The corn, oat and barley crops
E vii also be larger. while the rice crop
VII be smaller.