The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-10-20
CLOSING STOCK LETTER.
By Private Wire 10 Fidelity Investment ASSOcai

BY Private Wire 10 Fidelity investment Association
from Harris. Winthrop " 20.
NEW YORK Oct, la.-Thc time " the market AT
the close rather heavy. reports Il The Sink% 81
the Cunarlcrs 'AlRulna' by 4 muIe cauSsu 4Mte
some Profit taking sales c"Gplcl with :urthcr short
SrllinS. Several III tho SLrcialtlcS which nI:" re-
Gently been bu!lcd mypnd reason. sold or sharply
and /; Is 10 he hoped that better class ot STOCKS
wall hccuuv the leaders IT tho marke election
fears and some calling al loans have had all ulSei'
tied effect prices and rs Il result the weaker Hc,
counts have pcrn CLEANED Ii! leaving the trhllc4i
position Of the market healthy condition.
Baltimore: SapulpA Refining Co.. declared regular
monthly dividend nj yer cent pay able Nu'eIbrr l.
stock record October ~
Dow Juues says: Report to stock exchange OF
White Motor Co. for siA months ended Ju"c ~
irorlis from operation sc.Ga5.7Si: otH"r Nncouc
$lj.4uS: total incole $2.7j0.a@;: EXPENSES $'i't
surplus 81 guT. III. dividend for Match Slst. %uaer
$2SU 900: surplus Sl.G2%.j2l.
Dow Jones says: UmdcIlyns strength and Il hcri.hy
inccuSe IL sales are icatuIeS "s ie Copper h@ih"s
ono large seller estimates transactions c"oheI since
"Wednesday have tota!cd i0.0UU.ppu pounds Cor de-
livery January July exact price being governed by
delivery Gunth
Iea,iins producers and sellers are asking a;!a TO
20. ccutS pound for FIRST quarter delivery: 80.
fore second quarter is for January: - ~. Frbru'
Any: - - Ter March and ~ ~ =. y for all mouths
after July.
Small producers and sellers are asking ISL cents
i pound small lots ot December cui.cr.
Financial News bulletin says: The latest Onion
Pacific reports say that the proposed holding com
rany Is now considering /" )! annual iay'r't to
Stockholders w:Ilc the cunpaIy Is 10 reduce tue IS
dividend ST. This would make 4 IL Icr cent
rate tor the Stock. which Is considered 10 To wOi;a
l1U on the Outlook
Dow jones SAYS Mitchell Motor Co.. declared in!.
tial Quarterly dividend OF l5u. Places the stock
= 4 prr cent basis. Payable November "a stUch
ord November ~.
Dow Jones says: United Alloy Steel Corporation
has orders on It's books and IS not In the
narket for any. Remarkable growth VI company
since organization III 1904 10 capacity Of T&i.JUI
tons ut IalIIury lst. next has beeu uade entirely
on LoInrStc business and bus Ucei duo principally
10 phenomenal Development VI automobile industry
with its large demand for alley steel. AppruNInaelE
half uf weight vi hsEtcr automobiles Is vi alloy
steel.
In 1916 company earned $500 300 production
Of about so 10 uluns about $ll ton. In 1915
$91O0.0UO is unlikely. Furthermore through tho
Is assured and earning power of over $lU.UQg.gvU
can he IusllfIaby estimated
Dow Jones says; National Lead Company declared
regular quarterly Dividend Ui L.. per Irrftr
stock payable Dcceuuer ~, stock record Nu,tm
Der ~.
Ib"w Jones SAYS: Dividend CrIcib!c Steel Is
payable November -. stock record November II.
Gulf States Steel Co.. Ii September rarucd $50.
LIS. another high monthly record. After allow
rc for regular aud special tcscr'rs net rarnIs
S@29 U24. equivalent 10 $li u share ate:
allowing Tor full dividends fist and Sccui! Pic
TERED. Common stock IL Ter cent basis.
Dow Jones says; Negotiations iur another Russian
loan this market under Way. The Is
sad be 500 vUu.nUu $Iju 900 UUQ. IL will
he straight loan possibly tIo-u two to rhrre years
but whether secured by collateral has set Icrn
Determined.