The Bridgeport times and evening farmer., 1918-06-11
The World of Finance
higher taxation and the fact that the

higher taxation and the fact that the fixed price has net been advanced.
 People are buying sound stocks now because they are attractive. Partic- ular attention is being given to the low-priced rails, which on Thursday showed promising possibilities. Mis- souri Pacific, Rock Island and Frisco issues have been receiving favorable consideration. Good buying is ex- pected to appear in New Haven on re- actions. Pittsburgh & West Virginia, a coaler, is a favorite with those who have investigated the fuel demand during the next twelve months. The earnings of the automobile tire com panies are reported to be making an unusually good showing, April and May having been record-hEeakers with some concerns One of the prom inent automobile clubs and a we'll known motor car company have been recommending that owners lay in a supply of tires in anticipation of scar city and higher prices. This is prob ably responsible to some extent for the | increased earnings of the tire com panies.
 Another instance of a practical man | in charge of properties in which the public is vitally interested is indicated | in a recent letter of Ex-Gov. Odell to Mayor Hylan of New York City, saying: "In order that your we'll known desire for municipal owner ship may be put into effect, now of- fer you the following opportunity: af ivy of tu q ton less than it will cost the Commis- sioner of Markets, if advantage is ta- ken of the offer of the Berkshire Ice Co.,, and establish such prices as you may desire for the wholesale and re- tail trade, provided the city will obli- gate itself to purchase the ice needed . for all the city and will undertake its delivery" MT. Odell adds that "it must be apparent to the most unthink- l ing man that if an ice trust does ex- ist those who are managing it are the merest novices at the trade. I have no hesitation in assuring you that there is no ice trust or combination profiteeering at the expense of the helpless public" The successful management that Ex-Gov. Odell has l dicates that this concern may continue on it's prosperous career, when in the futuse it may be reorganized under his control as it's President instead of Receiver.
 There is strong feeling in Wal
 Street circles. that the German drive
 may now definitely be termed fail
 ure, the peak of the German power
 may have been passed, and Berlir
 may soon have another peace kite tC
 fly. "In the last quarter of an hour,
 says Premier Clemenceau of France
 i've shall win!" And judging from thu way "Our Boys are going across ana
 "coming across" America will play {
 big part in that climax. The unifi
 cation of the Allied armies in Franc, is believed to have turned the scale
 and let us hope the tita1 movement 0 victory will soon be under way. Wal
 Street is looking for increasingly ia . vorable news from France.
 Attention is directed to enlarginj
 earnings of the railroads. Highe freight rates are proving effective, ant 7 still there are more to be heard from
 The short-sighted policy of railroat starvation is apparently passing, an, these great transportation system may soon be put in a sound condition
 physically and financially. More an, . more consideration is being given t the attractions in the railroad list , and discriminations in favor of goo securities there is expected to be prom
 inent because of the increased taxa
 tion faced by the industrial concerns