The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-01-25
FINANCIAL COMMENT

New York: There are many who are
now. disposed to take heed OF tho reports
from the other side, particularly those
which have g bearing on tho intcrna-
tional political situation 10 begin 10
anal&e their holdings or securities with
regard 10 the probable status oc same
under changed order of things.
New York: Think prices will have fur
ther reactonary tendency in view Of I'll.
lack Of harmony which seems to exist in
administration circlas as regards the
manner in which war policy is pursued
The Steel dividend where the extra divt-
dGndS expected To be abandoned in favor
OF higher fixed dividend rumorcd to
be Z or per cent annual basis. Chan
cellor Won Hertling's reply 10 Lloyd
George and Wilson'S war aims Is ex-
nectcd and we cannot conceive how this
can foster hopes for an early allied
peace, although reports from Austria
would indicate 4 division Of opinion I'm
the Central Powers.
In view OF numerous inquiries rs to
our expectations with respect 10 Steel
dividend to be declared Tuesday We
submit following:
We arc convinced no ono outside
Judge Gary. President Farrell and one
or two others now know what is going
10 be done. Think that the ma nrity dircc-
tors do not know and will not until the
chairman OF hoard submits figures at
the meeting showing the earnings Of
fourth quarter and estimates January
earnings together with cash position.
Bost Information American Sugar VIC
can get IS that there Is almost II" chanre
l;..sl l.
pool operators are responsible" for the
strength. On American Beet Sugar poo
pie say possibility OF So extra nlso talk
Of SIC, same rs last year. In view OF
public discomfort with sugar prices how
ever any evidences Of prosperity may
be taboocd at this time.
The earnings OF the National Enamel
Ing co. after excess profit taxes deducted
arc said to be RUNNING NJ an average
Of $50. per share or more on the common
stock and our information leads us I"
believe that the Junior Issue at tho
cnmrany's meeting the middle Of next
month wiz be placed on a . per cent
basis.
New York Sun says: There was evi-
dcncc IF good buying In the low priced
rails particularly Texas Pacific. such
purchases were backed on rumnrS CircC-
lated soon after the opening that during
the day n favorable announcement would
come from Washington relalir" 10 til"
common carriers. This matcrialiZed III
the afternoon when McAdoo said that
owners OF railroad securities have Il
largo part In tho credit system of III"
country and that so long as holders OF
these Investments do not know what
dividends they will receive they are not
going Ia invest In government bonds.
4 4, M it, nan
ncctinn with hits rrcnmm"ndnt inn that
congress take quick action relative III let
ting securities holders know where they
stand.
Butte: From It's 80 producing mines.
Anaconda is hosting lH.5hn tons GRO
daily. Employees now number ll."Oo.
Exrec,cd production this month will
apprnximat @4.O00.0no pounds.
Metal exchange will be closed on coal
less Mondays.
Ohio cities Gas incom" statement for
six months ended November 20. 1911
gross earnings $10.9it."1u: net after
taxes si.1SG 3D3.
Kansas city Southern |" months net
nr:rr taxs $4.4a5."S4 iIcr"aS" S56H.2+6
T.. < y. IN months ended October 81
1917. net utter ,nxcs $l5.6i3.9h0.
Ohio Cities Gas earnings: Allowing
for six months dividends on prrI"rrd.
earned S3.l2 p"r share "u common.
rnrular dividend ON ''"lnrtd" Gas 81
Washington: Federal trad" commits
sian reports tn congress th": data COM
nilcd by il on leather shows excessively
high priccs ara being charged for shoes
and other lonth"r products and for
feather itself In spit" al Tie fact that
very lars" stool; "c hides Is on hand
F'innl reports from Sw!:t & 60. md Ar
,ncur & 60. show phenomenal Increases
in profits Of their leather business IN
1913 and 1915 compared with previous
wear. Will" reports E"ln"'ali? sH""
profits in ltl6 from tw" !" NV" un''S
az large as In 1915. when 'hrE Sh""c"
rrn,,i >" ~ 7nh per cent "rr l"lf.
r,c,,ar dividend IN Greene Ganan"a.