Evening star., 1915-06-04
Important Gases Dismissed.


Within comparatively short time
the government has been the loser III
five important .trust-bustinS cases
brought by the Department OF Justice.
April 5. 1911. the United States court
at Trenton. y. J.. dismissed sul'
against the Delaware and l-ackawan2.
Railroad Company and the Delaware
and Lackawana Coal Company.
December Il 1914. the United States
court at New York dismissed a dissolu-
tion suit against the Lehigh Valley
Coal Company and the Lehlgh Valley
Railroad Company.
January 4. 1915. the United States court
at Philadelphia dismissed the suit brought
against the keystone Watch Case Com
pany.
March is. 1915. the United States court
at Boston dismissed the suit brought
against the United Shoe Machinery Com
pany.
June 3. 1915. the United States court
at Trenton. n j.. dismissed the suit
against the United States Steel Corpora
ton.
Ali stocks OF corporations against which
the government has suits pending, suits
contemplated. according TO general re-
port. were given sharp advances in price
by reason of yesterdays decision at Tren-
ton The entire list of trading stocks.
with few exceptions, also shared in the
advance.
predict the decision. as evidenced by an
advance III Steel common yesterday of
~ points. followed by AS additional
this morning on a wild opening, with a
reaction to a net 2lc gain on profit TAX
Ing. Steel preferred rose from 106 n
Yesterday to 1854 and topped at Ill
this morning; American Can rose 512
points. Distillers and Harvester also,
with some late reactions.
Wall street was in a jubilant mood
over the Steel decision. Moreover. the
undertone is favorable to better busi-
ness in the steel industry and recov-
cry in business.
The United States Steel Corporation,
In the first four months of the year.
booked orders at the rate of about 3D.
500 tons day: in May there was an
increase to $4,000 tons. and it is now
stated that the daily orders are over
the forty-hve-thousand-t mark. One
at high prices. Judge Gary places pro-
duction at IS to 80 per cent of capacity.
Financial Notes.
The Inland Steel Company of Chica go
IL operating to 75 per cent of capacity
General Electric's earnings for 1915
are estimated at $50 .O0O, 900 to 800, O,O0o.-
900.
The Illinois public utilities commits
sion holds that the so-called jitneys
are public utilities which must incor-
porate. secure certificates before oper-
ating. and keep off from streets where
they parallel existing transportation
lines
byiiesby x Co report substantial
gains In the various utilities which
they control for the year to date
Combined surplus for all companies for
four months. after all charges and pre-
ferred dividends. was S169,s44 They
expect this ratio to be maintained dur
ing the year.
New Steel Cars for W., B. & A.
The Washington. Baltimore and An
napolis Electric Railroad Company has
ordered five all-steel cars for service
between Washington and Baltimore.
The cars are being made by the Gin
$4,000 each
Treasury Condition.
The condition of the United States
Treasury at the close Of business June
., was as follows: Net balance in gen
eral fund, s15.so4,0s total receipts.
s1.s16,s3s; total payments. sl.ess,1se.
The deficit this fiscal year is sl0..
a3o.3ss. gainst a deficit of S3s.412.517
last year, exclusive Of Panama canal
and public debt transa ctione