Show STEEL SHARES LEAD LEA 1 IN STRONG STO STOCK K I I 1 II sa 1155 II 5 Oil Stocks Wake Up Un der Leadership of Advance Advance Advance Ad Ad- vance in Royal Dutch By tV Wall Wai all By Int International News NEW YORK June 14 14 I In n the market today th there re was such a de degree J de-J i gree of or strength for tor a time Uma that Wall Wallstreet street began becan to take seriously reports i of or a revolution in Austria This report re- re re-j re re-i re port was helped by the recent buying l traced to houses with foreign n J In the afternoon there was E a l selling movement due to reports of a I great eat naval bottle battle The I leal eaI basis bails of the advancing market is the greater great greats er fr freedom edom the government plans l' l lallow tn ti allow to business enterprises and the thel cheap money that market operators see see coming next week The Tho battle news news news' t from rom France was as asgood good bood and no serious reports came from Crom the U-boats U off of the American coast Steel shares were leaders with United States Steel up more mor than two points in the morning In th tho afternoon after after- noon Sloss Sheffield Jd which advanced about four tour points received an extra dividend of ot 6 per cent There waS was more talk among brokerage houses of ot some special dividend on United Stat States s St Steel l but no official v verification tion of or an any such intention If It anything anything any any- thing of ot the kind is done It will be along the line of readjusting readjusting- the company's company's com com- pany's capital to a D. more reasonable tax basis It Its is known that several I industrial corporations are makIng radical revisions of their balance sheets because the government rulIngs rul- rul rul J ings permit very ery material changes All AIl a are ta taking ing Lull full ada advantage toge of leg legal rights in this connection It would be bo no wonder if it United States Steel were to make important readjust readjust- me ments ft Oil on stocks woke up under leadership of Royal Dutch which advanced ad more than six points Mexican Petroleum and Ohio Cities Gas on the exchange and Houston Oil on tho curb were tea fear tures It Is la expected that the latte will soon take its place on the sto stoc exchange and be rated as a Standa Oil on Issue tt Oils have been too cheap for tor month so that any recovery In their price pric needs no explanation but the particular II lar reason for tor strength today was th report that the government would l le lethem them have all the steel needed TM Is nothing more than has been for oil is 15 an absolute necessity of war war warfare fare just fare just as much as-much much a a. necessity as am am J Copper stocks were all strong large largely arg ly because of ot expectation that pric fixing would cease in that industry I I Is admitted that the present system handling copper is not altogether su eu And by permitting the varlo varia companies to supply the 1 with metal at prices adjusted to ti cost of production a n. much greater ou 01 j put would bo be promoted Because the strength of ot Butte Superior a aport ii port gained currency that tho the Minera Separation suits had been terminal again ag Motors Motor under leadership of ot Gene Generi J t Motors gave a good account of ot th the selves Hides and Leather continue its advance but a a. new element ii h been Injected Into that situation seems that an important south southe banking interest is liquidating t stock rather liberally i Announcement that price fixing to be largely abandoned in the gr gra trade has been officially made This Is one of or the first steps In m t big bib plan that has been matured t freeing industry under the new I 1 system i |