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Show STOCK MARKET 115 BlHiiSHTBHENGIES. J. A. Hcgle Co. yesterday received the following digest of financial news over their private wires-Twenty wires-Twenty industrials 105. 0d up 1.S3. Twentv rails oO.oM ur -22. New York Financial Bulletin: Bullish specialty operations are expected again A go,)d deal of veakness is under&t'Xd to h:u e been removed from the market by the money fiuin-y reaction. The Van-deriip Van-deriip statement that New York City It now the financial center of the worid Is being referred to a-s justification for the advance in the stock market. There axe reasons for believing that pull trading position will give good results for the present. The food stocks, especially packing house products and sugar issues, are reported re-ported in exceptionally strong positions. There Is also good buying in. railway equipments. Low-priced rails are in demand de-mand on all recessions. Reading is reported re-ported well taken. The sensational strength in Wilson & Co. stock is not regarded in weli informed in-formed circles as out of line. The company com-pany hr,s earned 64 per cent for the common com-mon stock in the pait three years, and has paid out but a small part of it. Higher dividends ara confidently expected. ex-pected. It is stated on good authority that Crucible Cru-cible 'Steel, while operating at only 50 per cent, of capacity at present, is making mak-ing a profit where other concerns are not paving ruraiing expensa We believe that low-priced issues in the railroad group, notalily Missouri Pacific, Kock Island, Kansas .City Southern and St. Paul offer good buying opportunities on reactions. International Merchant Marine, earnings for 1919 are estimated to xcoed tnose oi 1917 and 1918 by 25 to 50 per cent. More cheerful feeling prevailed in TV ad street after the close yesterday than was in evidence Tuesday. ' Much talk is heard of steel industrials with Bcthhhem particularly favored. Crucible Cru-cible and Baldwin Locomotive have many friends. . Higher prices are predicted for united Cigar Stores and Ohio Cities Gas. Mldvale Steel has made ati appropriation appropria-tion of $5,000,000 for immediate plant improvement im-provement at its Cambria works, Johnstown, Johns-town, Pa. Lehigh Valley railroad dividend, rate cut from ?5 to J3.50. General Motors orders 343,000 tons of steel for automobiles from the. United States Steel company. .April deficit in United States railroads was $41,146,000. Wall Street Journal says tho copper outlook is growing blighter. Steel trade organizations continue to report betterment of conditions throughout through-out the- steel industry. Canadian Pacific gross earnings for tho fourth week in May is ?4. 005,000. Shelan Oil is now called the Sinclair Consolidated corporation. Chicago banks lend cash to "iVail street. Money is placed at 0 per cent ty telegraph. tele-graph. Union Gas company suffers big loss in profits during: 1918. American .Steel Foundry declared quarterly quar-terly dividend of 75 cents,' placing stock on a S3 annual basis. |