The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-07-20
PRICES ADVANCE;
r FURTHER RISE IS
EXPECTED SOON
(Ry Private Wire to Fidelity Invest T:ss

(By Private Wire to Fidelity, Invest
1nent Association from Harris. Win
SE S2 YORK. July Io.-Prtces ad-
covering in the war Issues. but there
was also change in sentiment ard some
good buying was evident ~ the eooa
stocks hike Steel. AnaGonGa. A'c a,n5H,:
rates has materially eased the situation
and with the market well cleaned OF
weak accounts In the motor and war
stocks. it seems 20 US rcasohdole " ~
pect further rise.
Dow Jones says Strength in United
States Industrial Alcohol and ptstiltSrs
Securities stocks Is directly attrihutab;s
to progress OF negotiations, towards
placing in this country OF What Is en-
pected 10 be the largest order Tor aico-
hol yet received. The buyer. IS the
French government.
North American Company declared
regular quarterly dividend or < per
cent. payable October ., TO stock OF rec
ord September Is.
Minneapolis 6 ST. Louis. second week
July, increase, sI,Si0.
Gs ass ss5se.s Company 'G ns,
expenses, s724.3s5; me, ease. s44s.s3e:
surplus. after charges. s6s5.tlo: IN,
crease S455S sos: balance, after preferred
dividends. sS2c.IoS; increase. *tLa'e 20 q,
common stock were 24.l2 per cent.
against 11.5S per cent for preceding
twelve months.
Cities Service Company declared reg
ular monthly dividends Of L OF l per
cent on preferredand common stocks'
and also dividend Of 2 per cent on
common stock all payable September -
Financial News Bulletin says: Owing
to the strike Of the Longshoremen the
Pacific coast action on the dividend on
pany has been postponed. The company
has declared the regular quarterly dlvi-
dends OF Ii per cent on Its nrst pre-,
ferred. and per cent on lts seeo1o q
stocSholders Of record July IS.
Contracts involving nearly s6o,oon.o0o
for munitions are expected TO be placer
soon. They are all for shells OF tne
larger sizes and will probably go to
companies which are nearing completion
Of present orders.
Output OF three-inch Shelis. Wntcn
size constituted bulk os the munitions
contracts placed here last year. Is now
large in alt the allied countries. and II
Is safe to say that nor anci ner orIe'
for small shells will COM to TINS co"n.
twelve-inch. however. the allies are not
able to ill ,hc;r needs at home. NUM-,
ton men say that this Is on account OF
The fact that the women. wno FORM
in England and France. cannot .endie
big shells easily on account OF weight.
Texas & Pacific. second week; July,
increase. $in.II5; from July l. 1U1'. In
crease. S'4.31s.
Financial News Bulletin says: It is
reported that $4,000 600 war oroer
has just heen placed with the AmerlcaHl
Car and Foundry Company: Reasons OF
state NAV dictate "A technical denial OF
this report: which. however. comes from
excellent cources. The London Statist
saws: 1T looks as thouCht the al!tss
viii need all the munitions that the
United states can produce. and are VII.
ling 20 sell in exchange for securities.
This COMPANY is understood to have on
its books a, present. orders Tor so'"po
railroad cars.
T, is reported in banking circles that
the proposed shipment OF about Sfoo'-
6n0 600, worth OF gold during the re-
mainder Of tho year Tor the purpose W
almost entirely with the apprehension
heretofore entertained IN connection WIN
money rates un,ii crop pressure. IL Is
said that this outlook will result oene-
fciauy to the stock market.
.".But4ne orders are reported 10 he un-
ider. current, market levels from RocKe-
fefier interests toward 80 on laree
scale in Anaconda Copper. according 70
SPECIALISTS gossip. This stock Is estl-
mated 20 be earning about s25 share
annually AT the present time. and the
COMPANY is IN The best condition gener-
ally in its history.