Show n 0 I TICKER NEWS rs S T 1 o o Xe New p York Jan Continued C. C improvement improvement improvement im im- im- im provement In tho the general market marlet Is expected on mone money affairs With easing in call rates a broadening ma may bo seen with peace treat treaty ratification News The New ew York Evening E Mail aU sa says says' s 's Referring to the failure of railroad facilities to keep pace with the growing growing growing grow grow- ing transportation of ot tho the country the tho January letter of ot the tho Mechanics Metal National bank believes that unless unless un un- less a fair return on capital Invested in the railroads is permitted tho the disproportion disproportion disproportion dis dis- proportion between that and other Industries industries in In- In on tho the basis of or capital invested in invested In- In vested and return on same will become I more dangerous as time lime goes on Fiveland Five land and one half per cent is not a compensating compensating compensating com com- rate rato of return when it is considered that investors can purchase a United States at a government go bond ona ona on ona a basis to yield over oyer 5 per cent and bonds bond such as those of the British I government in this market to yield G Cl per cent on long IonS maturities to over o 30 10 0 per cent on short maturities the letter says sas But confining our at attention attention at- at to railroad securities let us usable usa a ask able k what return would woud be bo necessary to attract capital in the railroads to toI to- to I day clay We e find that first grade underlying under under- lying mortgage bonds are arc selling to yield 5 SQ to 5 per cent first grade general mortgage o bonds from G 5 to 5 52 per cent first grade junior bonds from 52 51 to 6 65 per cent Senate leaders expect to reach compromise compromise com com- promise on peace treaty next w week elt Average price of twenty industrials up up 15 twenty rails 1562 up 32 22 |