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Show RAILWAYS PROMINENT FEATURE0F MARKET Shares Rise Two Points All Around; Munitions Continue to Make Sensational Advances. By EROADAN WALL. ' By International News Service. NEW YC'HK. Sept. IS. Traders were quirk today to take up the Kusgesttoti that the great manufacturing corporations corpora-tions can make no money until the ytuff they make has been carried to market by the railroads and the steamship line.". Rails were the prominent featuies of the market and shamed their presidents hy rising an averape of 2 points all around while those worthies were in session trying try-ing to figure out how to obey the recently re-cently enacted laws and escape receivership. receiv-ership. Under cover of this strength In the rails there was some professional profit taking in tho industrial list, but not enough to hurt the market. It was the advance in Union Pacific that made Wall street pay most attention, atten-tion, because the railroads have been laughed out of their plea of poverty, and the Union Pacific directors have no longer long-er any reason for withholding that spe-; spe-; cia cash dividend f 5 per cent which some of them wanted to pay a month ago. Payment of it would help the market and therefore it may be expected soon. U. P. Up Two Points. Union Paciric, and even the Hill roads, ! Great Northern and Northern Pacific, i which were absolutely sure to be ruined if the eight-hour law went into effe- t, rose about 2 points each. So did Air. Ripley's Atchison railroad, to prevent the complete ruin of which President Ripley has already made plans to go to jail as a martyr to the eight-hour law, which he says will never be obeyed by his road. It is extremely awkward that, the railroad earnings should continue $.t such a heavy rate and that the prospects for big busi- r.cys even after the war should be so 'Tmoii!; the munitions. Prisss-Sabury wrti iho stnr prrluimor with an adv;i f IS points. ThisMnspit-fd the movement move-ment in Crucible, which old not hold out to the end of the day. American can sold higher than at any tlmo since the Lis boom last vear. Industrial Alcohol made a. new high record lor the movement. move-ment. War Not Half Over. This strength in t ho munitions is due to a i?rowiiiK realization of the fact that the war is not half over. Colonel Robert M. Thompson, who has some, reputation as a military authority, stated today that he expects the war to last for rive years. He is one of the controlling in-ieiesls in-ieiesls nf International Nickel and that accounts fur the strength of Nickel re-cemlv. re-cemlv. Bur perhaps even more Important than the Thompson statement was information informa-tion from an agent, of the British government gov-ernment who lias just returned from I.ondon. where he consulted with the war manasicrs. and he says they do not expect ex-pect the war to end before the middle of KUf. Sn it looks like easy sailing for the pools in the munitions and steel stocks. Owins; to the great importation of gold. It is believed that another great loan to Die allies has been decided upon and thai the financial markets are being prepared fur its proper reception. Firmness was the only feature of the bond market on moderate expansion of business. Total sales, par value, $3,-ITO.OOd. $3,-ITO.OOd. ' United States bonds were unchanged on call. |