Steel operations (oj Latest 1062 ima of capacity) A 6 ing Elec wer 5 Carloadings (carloads) 866,000. 2,800,000 *3,012,000 Aver. daily oil prod.
(bbls.) 3,764,000 3,773,000 Egi sao output 191906 18 *—000 omitted 2d cars)
Stock Outlook, Developments in the past week, principally the implications contained in Roosevelt's speech, tend to clear up some unt certainties, for the investor. Considering the action of the market, it appears that United States entry into the war is being discounted. Domestically, the main item to be clarified is the incidence and amount of the new tax bil. Should the British military position show improvement, securities and commodities should rally from present levels although the larger term outlook will be governed almost entirely by war Gevelopments,
Text read from the printed page and cleaned; old type leaves the occasional error.