The Bridgeport times and evening farmer., 1919-09-29
&s@$A F. FfERanCeo oEealEState and Insurance

are being made that may be announc- ed at the first favorable opportunity, though if the treaty Is delayed much longer further weakness may develop. The appointment of New York agents for the Belgian Treasury is a step of much significance, and may be fol- lowed by other natins. Belgium, hwever, is in a better financial condl- ton than any other nation, owing to generous aid by the Allies and enfOrc- ed restitution on the part of Ger many The latter Is already seeking loans here, and in London also, it is reported.
 Stock Market Conditions.
 The market during the week has naturally been irregular and unset | tied, due to the strike of the steel employees. While the strikers have been able to force a partial shutdown | of some of the plants they have not met with the success they anticipat- | ed, and 1t now looks as if the strike would end with defeat. The better element of the workers. even those who are union men, do not agree | with the plan of Fitzpatrick and Foster and as the latter Is preaching 1 revolution, which Is foreign to our ] form or government a4l or the con- | servative leaders hesitate to fully en- l dorse him. It may take several days or possibly esveral weeks to end the | controversy, but every day that the wheels of the steel industry keep turning is an indication of the proba- l ble failure of the strikers to attain | their object. Mir. Gary Is defending | a principle whiCh Is thoroughly American in refusing to treat with | any organization outside of his own 1 employees. It has been generally be- lieved that the U. s. Steel Corpora ton has always been most fair in the treatment of its workmen and during | the present labor dispute I have read nothing that contrOverts such an | opinion. I believe that the great ma jority of steel workers have been sat | isfied with the treatment they have received, but as they are unorganized l they have not hte same influence on | the public mind as the unions who have unexcelled facilities for spread 1 ing their views broadcast through their local representatives. While supporting orders have undoubtedly
 been placed in the stocks most threat ened by the situation, it is evident
 that stock traders have not been
 
 forced to Iiquidate. Interest in rail
 road stocks is showing more activity.
 The lower priced rails are receiving
 increased attention, as many of them
 are selling on an attractive basis. With any definite plan worked out by
 Congress to do justice to the stock holders railroad shares would at once ] become the leaders in the market
 An expanding interest is evidenced
 in the Liberty bond market, which
 very naturally has shown steady ap-
 preciauon ever since the pubicatio
 of the Secretary of the Treasury's en-
 couraging statement regarding the position of the Treasury KnowIedg ge that the War Finance Corporation
 was operating for the account of the government sinking fund and a some what easier trend in the money market have acted as a further stimu. spiCuous movements have been in the l second Is and the second A S ! which during the week have scored } an advance of over 100 points. Thi. | should not be surprising, however when 1t Is realized that they have fol a long time been selling far below , their value and out of line with the rest of the Liberty bond market. IT ? the light of their recent advance tn, lowed to lie so long on the bargain counter without attracting the atten ton of boh large and small invesors