Evening star. [volume] (Washington, D.C.) 1854-1972, 1915-10-07
WALL STREET MARKET
ACTIVE AND HIGHER
War Stocks Again Assume Leader
ship, With Enormous Trading
at Better Prices.
Crucible Steel One of the Firmest.
Bethlehem Touches 45O-Rails
Share in Activity.

Share in Activity.
NEW YORK. October THE fierce
| liquidation of yesterday materially i'm
proved the situation. and there was a
general advance today during the
morning hours of the session of 1 to 2
points, with enormous activity through
out the entire list.
Many traders who sold out earlier in
| the week were taking their stocks back
again, while the rush of new orders
was very large.
Ore result of the clearing of the at
mosphere. and one very welcome on
Wall street, has been the renewed at
tention to the rails developed in the
last few days.
Traders Turn to Old Reliables.
Many traders, scared Of following war
stocks on their wild ard irregular
paths, turned to the old reliables.
which. during the past year, have
moved but within limited range to-
ward higher prices. the while the in
dustrials have overshadowed in the
trading and interest.
The Pennsylvania Steel and Cambria
Steel companies. reported as sure to go
to Bethlehem Steel, will be of material
benent to Pennsylvania and Reading
systems. The heavier tonnage of the
roads generally in the eastern section.
with the assurance Of larger loadings
in the middle west and northwest from
crop marketing and moving toward
tidewater points. is also helping roads
in the sections named.
New High Record for Bethlehem.
Stocks that were among the weak
lings of Wednesday displayed good
strength this morning also.
Bethlehem Steel adamant in the
made another new high record, when
1t rose in the first two hours of trad
ing to 443 a share from the 40 closing
Of yesterday.
Crucible steel. weakest Of the weak
lings Wednesday. gained points in
the initial trading, but did not hold
the full advance.
Baldwin Locomotive acted even bet
ter than Crucible. regaining and hold
ing points gain.
Other Gains in Industrials.
Other gains in industrials in the
morning hours extended to points in
Westinghouse fietspursh Soai' heA-
lean Petroleum. studebaker. Beet
Sugar. l point on Steel common. the
coppers. Republic Iron and Steel.
Pressed Steel Car and 4 points on Will
lys-Overland.
In the rails. Norfolk and Western
acted splendidly with a 2-point advance
wen maintained. Union Pacific gained
point. Reading fraction more. as
did Northern Pacific, while Great
Northern made a tx advance well held.
Chesapeake and Ohio also improved ~
po'''''
In the noon hour the market again
| ran riot. The WIDEST excitement a.
| tended the operations out Dy eh's time
the bulls had the situation wen IN
h,rd and thew seemed determined to
| "'pe a." ~ ,.,..
Gays, IL poSsipie' UT ~ Aeao' %
part of them.
Throushout the hour business was at
|, g.. I.r.a.. ,,o,,,m. .,d tho rail. had
~ he ssti.ned With a small share Of
attention and slight additional gains IN
S'ee1 A0~se
Bethlehem Steel common stock
touched a new high record at $50 q
share. and was strong at that.
| Crucible added more points to its
gain. advancing to 92A, or 8A points
met gain for the ,Iay. Baldwin Loco
,,.T
"o DaeA " ..s
ooS "a -"
] Less important gains were made in
/ other stocks hut the market going