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Show BIG LIQUIDATION 15 NQTEXPECTED .T. A. Hogle & Co., 1B9 South Main street, furnish the following digest of financial news, received over their private wires: Twentv industrials 75.43, off .32; twenty rails 77.B3, off .27. Financial News Bulletin: There are two important reasons why no big liquidation liquida-tion is now expected by banking quarters on account of the next Liberty loan. The first is that inflation is already said to be beginning; the second, that Washington Washing-ton is preparing this time to co-operate aggressively with the financial interests, Instead of working at cross-purposes, having learned its lesson. Reference is made to the McAdoo testimony that the railroad relief should be out of the way before the campaign starts. Further, it mav be a "Victory Liberty loan." Buying in Mexican Petroleum, based entirely on the belief that the Mexican situation will work out satisfactorily-The satisfactorily-The company has enormous wells, which promise to be the world's largest producers pro-ducers for vears to come. Dow Jones says: Ohio Cities Gas income in-come for six months ended November 30, mi7: Gross earnings, $10,SG4,930; net aftertax, after-tax, 54.7S7.303. New York Sun says: There are men ot considerable prominence in railroad finance who believe, despite McAdoo s statement to the contrary, that the government gov-ernment will take up some, at least, of the 5215,000.000 of outstanding railroad securities which mature this year. There is talk of an extra dividend on American Beet Sugar, and some interests inter-ests take it that at least 5 per cent will be made. . New York News Bureau: The New York Curb Market association announces that the market will be closed on Mondays Mon-days from January 2S to March -o, inclusive. in-clusive. Dow Jones says: Greene-Cananea Copper Cop-per dividend, usual quarterly of S- a share, payable' February 23 on stock ot record February i. It is expected that the production of Anaconda this month will approximate 24.000,000 pounds of copper. New York metals: Lead, spot, y 7 50- GH 57.00 bid. Spelter, East bt. Louis, ?7.75yS.00; GH $7.75. Lead firm, spelter quiet. New York Stock Letter: The market backed and filled throughout the session, with the street patiently waiting meanwhile mean-while for somcThins from the other side with resoect to the speech which the German Ger-man chancellor was credited with being prepared to make before the reichstag on the subject of peace. Up to the close nothing definite was obtainable, but the , news otherwise emanating from Amsterdam Amster-dam and Geneva strongly denoted that internal relations with the central powers are far from satisfactory and note dis- sension of a sort not heretofore encountered encoun-tered by those countries since hostilities began. ' Mxmt the chief factor of importance, as far as domestic happenings are concerned, con-cerned, is the action of the steel directors at their meeting on January 20. It will perhaps afford a clew as to what other ; industrial concerns will do in connection I with extra disbursements in cash, etc., ? during the remainder of the war We continue to believe that the time has about arrived where serious consid-, consid-, eration should be given to the factors which will probably have to be grappled ; with under a changed order of things m international politics, j-ne suggests that a fair-sized short interest has again been fostered and that liquidation liquida-tion is not urgent. . New York Curb Letter: Business was restricted on the cur b because of a disposition dis-position to keep commitments small until the peace situation takes more definite shape This condition made the small dealings in the war stocks of the highest significance. There were only a few transactions in that group. Aetna selling at and 7i, Submarine at Ills alio Vright-Martln at 6. Hecla Mining, which was hammered down to 2:4 yesterday yester-day in the suspension of dividends, was we'll supported and rallied to 3V4. Other mining shares were irregular. Magma selling at 3Vi to 3SM,, United erde Lx-tension Lx-tension at 37i and Nipissmg at Svg. The oil stocks showed a firmer tone. Cosden advanced to ,V2. more than recovering re-covering its dividend, and Oklahoma Producing Pro-ducing "was in good demand, selling at 6-n to 7V,. Houston Oil ranged from 47 to 4S New York Transportation sold at IS to' 17'i, Triangle Film at 1 and 1' and U. S.'steamship at 1" and 5. United Motors sold at 22 to 22:;i. |