Arizona republican., 1916-09-10

enal and warrant much higher prices are seeking the level where they be- long. We want to call your attention to Hide & Leather preferred again. Moody. who is recng.iZed as one of the authorities of the world in sta tistice and finance has gotten out q circular, m which he figures the value far beyond where tEe stock IS selling We believe that if bought and held it will pretty nearly double in value. From tonights closing bigger and broader market is apparent for next week, especially as a republican vie tory of ten to twenty thousand in Maine is the forecast
 Coppers and Steel look like higher prices. Reading is bid up and if any enc wants to buy this stock as an investment looking several years ahead. it is probably cheap.
 Revenue tax on stock transactions have been eliminated beginning today.
 Under strength of Reading, railroad stocks are for sale Southe-a Pacific. Union Pacific and Illinois Central all arc on tap.
 Tinted Statee Steel tonna~e totallod aGf0.277 August 31 against, 9.593.592 July q: a640.45S on Jrne 30 and A. 9o2445 tons AuGus+ 31 1915.
 Talk'nc 127 for Y. g. Steel. g. 590.- nnG more cold from Canada making ? total of e2Ge G6.0 GOO on this movement since May I2.
 WHEAT-AlhouPh wheat ruled firr, ae ec-!lnareG to otN,r e-7inS n-o-t Of tbr "a" it f'~ie' 7t -9i.,l- Cute a number Of longs sold. believ- inr .laf the hullisN rcws has largely heen disc counted and othc-s have snld as hotter Of precantic1 over the week end I"rgo profreSiOnole w"~e m? inlv on the buvinC siGe carly bu- sold on tho h'l'go-. Government re- port was not for from rorular eXpec- tat ions. Primary arrivals ehcw big fallin@ off from last year hut foreign | shipping demand k hampcrcd tu sora' | extent. The latter. ho" eve~ believed | to he an artificial sort designed to affect prices here unfavorably. the essels being largely diverted to Aus l 'ralan and Indian markets Foreign | buying of futures has nevertheless ! been on in the pit all day. One cargo | Gulf wheat reported sold today at good premiums. Cash sales here 75.- i 0o0 Seaboard sold 650,000 for eX- 1 port
 CORN-Weak and lower from the start. Government figures were lar ger than expected and offerings from | tnlSFell"non'iS lHEgS. falrl" SfeadN. l Many of the latter were of a week end order. Srnport was not ve~y good and the rrnrlset showed little rallving power Woatter l. favorable. Gov ernment figuroe show a crop 345.- 0o0 0oo lese tNan last vea~ most of tho loee in the southwestern states Cash ~ale~ here B 0O0.
 | OhTS-There v-as a very liheral t~adn in oats The general market
 was downward with othe' cfairs but
 losses not as ereat rel0tivelv GS in
 corn. There was some fairly import
 mt buv'no af December today also q
 largo arrN"nt If celli~~ h"~ed on
 feare of tho car situation Shinn'nr
 is cloC~nd m cHrs not a~"ilable tn
 tho east a-7 4hi- r. c"u~'ng sorlo
 ''--oasi~o~~ to impatient holders. Cash
 ra'o.. TT fho
 COTT0~--Tte c''etorl~y badgr
 selling failed to nut in it's appearance
 this morning and shorts became
 frightened and began covering which
 brought about an advance of nearly
 one dollar per bale from yesterdays
 closing. On the rally some of yes
 terdave buyers sold on the theory
 that the advance would bring in re-
 newed hedge selling Marekt has
 es decline below point where huv-
 ers can nay fifteen cents, farmers 1T tha eastern belt especially will ro' l sell. We prefer buying on all dip { with tho idea of taking profits or ] | good snurts. This renns the bes
 policy to pursue for the time being.