Salt Lake Telegram | 1915-06-27 | Page 17 | Movement in Steel and Railroads Continues

I I MOVEMENT IN STEE STEEL AND RAilROADS CONTINUES By Badger Eros Bros Wire NEW XEr YORK June 26 The Southern railway statement published today for tor forthe forthe the month of May b showing showinG net Increase of ot emphasizes th j turn tur In the I tide of or ro railroad Iroll earnings This proves that th the company compau finally has got Jot control control control con con- of or its Is net earnings e With a general improvement in business the Steel corporation operating 90 p per r centor cent of or capacity tool shops hops working full ful time tune g general nral business Improving asIs as asis Il is shown L by the weekly clearings a n bumper wheat crop prospect of or a good cotton coton crop enormous bank res reserves the largest stock stork of gold in the tho history of or the country our OUI r reserve bank h ays- ays tern ter in working workinG order It to does docs s not seem possible to prevent pre ent a big speculation e especially pec I In railroads The weak companies com corn I Panics 9 have ha fallen falen out Missouri Pacific Rock flock Hok Island Kat Katy and others and their stocks are arc selling at nt prices where they are not a o. a menace to 10 tho the market market The good ones cues are alt all holding and are all ni I selling at a t price Irle to make a n good gool return to the holler holder I Baltimore Ohio Atchison North North- orth- orth western Union Pacific and other standard standard stand stand- I ard rails ris have o a big margin over their dividends with wih a prop prospect ct when general general gen gen- eral cral business does docs dos expand of or showing record earnings earning Tho The move nove ove in Reading toda today tony Indicates an interest In rails which has been beel for or a n lorg time No stock on the I list Is a l better t r G leu lender el Industrials will wi wino no doubt douht remain popular hut but railroads themselves are sure suro to make a good Good account of or