Show TRADERS TRADERS' FERS FEARS n nc I C r ri A 1 U 1 GROW STRONG Steel Strike Bogy Ceases Cease to Alarm larm l Financiers Support Support Sup Sup- port Edge Bill Bil By Tl Wall al Uj UJ enl c. c New cw York AU Aug 24 Improvement ement 24 in stock market conditions with which th the eek closed was a natural reaction reaction tion lon from the lie ridiculous state o of fright Into which the demands of union la labor Ia- Ia 13 hor bor at Washington had thrown in In- In yes t 0 ra Fear lear of or strikes is the chief blu bludgeon geon of or the professional raider It I has been us used cJ on n hundreds of or occa occasions lons but only on two or three has the blow ever descended The Tho questions In dispute dispute dis dis- with wih the steel Industry aro are too absurd to be le serious seriously considered by bylie bythe bythe the lie public Tho The bl big steel companies will wi have o popular support for their plans of or refusing to compromise c If I a astrike astrike strike is caled called The Tho country countr has gone without steel for or so long lonE that afew n. n I few months longer er will wll do no damage compared with sith the thc Injury that would result resul If I a few fe foreign agitators were permitted cJ to get bet control of the i Industry a ci U a try Foreign exchange o has become a 1 live Jve Issue and the lie financial world has rallied ral ral- lied to tl J t cort of oC the Edge bill bi which provides for corporations to market t acceptances among amonI American in c investors tors Something tho the of ot this kind must be done or United States will lose all ni the foreign n trade advantages e growing browin out of or the war What hat promises to be he the lie greatest stock Jarl market t campaign In petroleum IS Issues ever er seen In America J Is planned cJ for or this autumn The Thc recent thal shakeout In the market has Ins paved pa the wa way for or It I. I Stocks have o been leen accumulated by bl big syndicates for Cor months month with the l Idea fu of or marketing them In wih that campaign The Tho schedule of the thc leaders calls cals for or a R rise this fall Then there Is to be another shakeout and amid as ns soon as the new Income tax lax hais law ha lawIs lawIs Is passed making it possible to liquidate late date without paying most of oC the profIts profits prof- prof Its Is to the he government go there will wil be bo a whirlwind campaign Sinclair Consolidated Is to be the manipulative backbone of this cam cani- rho Thc stock has hiss been underwritten underwritten under under- written b by bankers banker's and brokers and institutions In all parts of or th the world Tho The man auth meU In charge of or thu tho deal Is a 3 veteran of oC man ninny many Wall ni street treet battles |