The evening world. Newspaper, September 20, 1921, Page 20

i Seesaw ‘Phe inertia of FEATURES OF THE TRADING, HOUR BY HOUR. 10 TO I, ——- was nd dis erial and, 10 ar side of The market, having that support in the a imind the ape fact of pub- Mie buying is lacking, adopted a waiting attitude, ¢ aque dusiness was on a comparativ small scale and price changes in Rearly every instance aniin- portant Nhe few new developme: cial importan: able. The were m reduc cent. Hut this new k rate was a total failure as a market stimulant. 1¢ becaime fuformed quarters that “the Federal Rese:ve bar cussing tie odvisabilily of a Feduction in the rate of red But this, too, » induce ing. ‘the market's developments trated by the announcement ment had sold 204,000 railroad “entes, It hi cal certainty ther which w Lieve the parriers much needed purcla 18 of ve pants. buy- failed t indifference to Was news further iMus- reveption tt idit equip an mal $2 1s now bec nat th these certitics do much to re nition of the rtainiy Hee finan) and enatie t tock, But the | ails fy whares moved us “ tions of the clos f after early heavy mtocks clim Inst night a: ‘extreme d cipal 4aeneral F mew low | was base «Ment issued by a Ne of , which eo the movement weakness we fell Ww Selling simistie stat England offi- on the @ial of the company yeste y n Petroleum dropped close Yo ‘1081-4 for a Wss of nearly u point. Motor shares, the rubber stocks, and and mis were food, copp Haneous in dustaials trregular and were dominated vy the whime of profes- sional traders, « )11TO 12, the market increased AS the Bession progressed. A defi- Alte trend was not in evidence at way time, Stee! stocks rallied frac tionally, equipments took on a Grmer tone and jean Vetrolewn other vil s 3 recovered all but small fractions of their early losses. ut the movement of the fist as a whole wax without signitl- ¢ance. Much the same ap2thy was displayed by the commodity and foreign ex- Change markets. Cotton gained from 28 to more than 40 points, but the advance lacked the decisivencss which characterized recent price movements, Wheat was firm, At noon foreign exchange rates were practically unchanged 122 TO 1, he market was extremely dull dur- ing the noon hour, transactions tor this period totalling barely 40,000 shares. Price changes continued to be very irregular. Railroad shares, and more particu- Warly the leading dividend paying fusues, were inclined to pay more attention to the more fayorable August traffic statements now be- ing received and to the sale of an additional $20,000,000 equipment certificates by the Government Money continued tu rule at 4 1-2 per cent. Cotton increased its gains to $4 a bale. Foreign exchange rates were without material change \ TT0?. Professional pressure against the ms Ket was increased ar the session progressed, and near the end of the fourth hour a determined attempt Was made to break Baldwin Loco- motive. However, the stock met with equally determined support and the ear crowd then switched thelr attention to the Mexican oils Mexican Petroloum was forced down te 106 1-4, » loss of While lesser oil shares lost from 1 to S points. ‘The bear crowd also suc- ceded in putting United States $ bout 4 points, el below 78, but it quickly rebounded The td above that figure. the list as a Whsetyed operators who have been far improvement in the price ¢ Outspoken in their di. nt at the failure of the ge tmding public to enter the og the bnying side. of was ks anst we tone 270 3. — The market failed to display much rm tive power in flual trading in most instances hea are within the lows cs the closing Tow fractions ay. The cum- the rails and point. | | GLOSING STOCK QUUTATIONS \ SS SSS Am Shin & Com oe Ow * Am Smelt & Mee o et et a i's My id i Bt % we % “ 42% 4% 1 1% 18 154 12 te ’ Am Todmceo ctx 1 Ai La Prance, " . Ao Wee in Aun Wool yt i 1 Aitarinda ry , Athen It Bik Mite Atehinan Its yt + SI 4 ' ' 4 tk ' a. 1 iy ce no W (on Cole 84% % Co Gas & Ehotr ‘ % Columbia Grats Wee Con Gan hoM Con Toatiis Ma Con tut Cal Mouiag 4 Cemten Ol) Hie a vf. 1 % Sugar Su Sane Sug pt 104 Dintravatone Cuban Am Davison CI Sugar Del, Tack & M x Bol So Sh & AD ulcott-Johnwon 4 Viele Erie Int nf... % on Player Viaher Hoaty PRONG 10, 10 10 drive the leading equipments new low ground failed to disec age bear effort in other parts of the list. Coppers were heavy and the olls and motors were unsettled distinctly The cotton market in final dealings | Air Wheat | Jost most of its closed steady, Money continued to rule at 41-2 per cent, but funds were available in the outside mar- Ket at 4 per cent, Demand sterling closed at $3.71 off 1-4 cent >—- parly gains. cash payment wiil be $10 a share the balance will be paid 6 per gent. nee On reg of these Mowe Arrow pf Perce ait West Va Nyeta Meg Sugar, Jive 08 Varin & Worganm Sta al O1 Of Nd a to | Norway Krouen, demand 420% 4M and Complete Stock Tahles—Financial News wal THE CURBGLOSING. 190 1300 High, Law, Laat. INDUSTRIALS, ‘Acton Packiug Mm 1% 1% Amnal leather ™m tH Tt Mrtt Am Tob coupons, Ne Uh 1% Car Ke ro a Com FP ot Holtmook ee Man ‘Trane USS ) Tenn Ry Lh & P Tex Guif Sul U4 Steam United P United tet w orp lat of sR Bs STANDARD OITA. 19% 10% 10 10% 70% TOM ous, 800 Allen Ot 44043 | Aled O11 Pe! a} Amal Novalty oe a 4 4 Boston Wyoming 70 688 Cari, Synd Mm 4 4 Cities Service "IV ctf 19% 13% 18% Mi 0 Federal Ol ) Fensland 8 8 Glenreek On sO 0 Harvey Crude 7 7 Hudwn Ol “oo Int Petrol 10% 10% Kany & Gulf ao 4 ystone Manger 100078 ry + 1% | S000 % ng Olof NS ptt 107 a 81 1 m™ —1 4M 4h 8 chy ” Re & Po badd The Chicago Railway Equipment |ter & Par ae Company has announced its regular Bess ee tnt ig i quarterly dividend of 2 per cent,! Ure tae & Pan wo 0b payable Oct, 1, This ts its hundredth |t oll 8 dividend, a record made without a| {niu Bultic i reduction, President Leigh some |p", WARS P 4 ago pronvunced rail equip-|Uoitet Do tet of . P post reliable barometer of Vial Pait Me business conditions. He ey ey Goce % ‘ : ie n Retail Store % t was stated to-day in well ine! yg Inq Aloohol 1 formed quarters that a meeting will) {) 2 tei & law a be held lute this afternoon between! pg Rubies * the Executive Committee of the) § ttudber Ist 1 United Food Products Company and) § steel ‘ tankers at which It is expected ar-!U s BS rangements will be made for extend. { ire Ing the loan of $4,500,000, now past) \ 7s due and it is regarded as not im- | vi probable that new capital will be | Va Ouso Ohen i +4 raised, These favorable expectations | \ caused a rise in the stock to-day of | Waderh about 2 points over the low of yester- | Waa 4 4 _ day. Weber & Hell * as Mat aes % ‘The August statements of earnings; Maniand % some of the larger railway systeris | Wer Parific Com 1 of the country will soon be tasued + 4 and it is believed that they will make +1 an excellent comparative showing and that, In fa the increases in net carnings over August of last year : % Will be larger than July statements % showed over the corresponding month \ ar) of 1920, But what ts of particular 6 concern to large holders of railway n ' fecurities is the record of ear load- Bia 4 ings of the larger systems, This car v6 record is accepted as one of | IC" eaten indications of the trend of patueh interest was aroused LIBERTY BONDS oy the official announcement Aberty 31-25 opened at 87.78, up that the Atchison system last Ww sed tu 8600s A814 d-4m, BBAG Of ouded 30,808 cars, an increase of J, $9.18, Up 02; Sd, 92.86, up cars compared with the same w An, 89 D 04; Victory 43-45 last year. This iy the first increase | tlh, REAE: UR ORs “Victory 9 Fam, in car loadings the Atchison hus re- | 99.04, off 04 pores thle okay | PORBIGN EXCHANG! “LOSE x | Sterling, demand. cabies, es fromm the West received |a.71 1-2, « Bren #, de- t this noon made It seem | mand, 0699 1 vbles, 07000 1-2 oft ruin that coutrol of the | ‘hug? 4-2. Late, demand, 0415; cables Motor Car Company will not off 0003 Belgian france, de- Collins, mer Prest 0698; cablex, 0699. off ‘000t dent of the Cadillac Company, and Ke, demand ables O08 1-4 )W. C. Durant. Howsvor, these de-| on 000) 8-4 spatches stated that Collins will pur- |" Greek drachma nd 0510, cables Chase at leagt 60,000 shires aud pos- | a6is, unchanged es func, de albly $0,000 of the 200,000 shares of the nd .1728, cabli up 0015, Peerless Company, now issued Gutlders, “der ables (3156, 1303, n kronen up 12 0000. 60, cablea 026. Dass kronen, de. 100 1400 200 11000 400. m0 2004 100 3500 4700 40 5 0 anno 8500 100 200 400 In 30/00 Nevada Ophir £00 New Comella 100 New Sil Horn 6 Nipisaing + 500 Pitts Mt & 500 Prince Con 3800 Ray Hercules 1.00 Rex Cons 800 Seven Metals. 5 $00 Tonopah Belmont wy 1% 24€0 Tono Dintile .« 88 800 US Continental aot (0 West Utad, ve 0 1000 White Caps. wen FO BONDS. 1 Allled Packer a 4 Allied Packer 29 42. Am Tel Os 22 99% 4 Am Tel Os 24. 08% R Anaconda Copper Os... 90% 12 Anaconda Ts 20 ry 18 Angio-Am OM TH8..0--+ 101% 18 Armour & Co 7s 0% Barnsdai! $+ 05% 5 a0 1 4 4 7) Tho 41-2 new lowest sin vble i the Carson River - per Federal Reserve Napulpe Ret. Simms Pot. 6% 0% ON Skelly Ot 4 4 Ton O & L eT) ‘Tidal Onago - 1h 1% 18! Victoria Om wa | Wilcox Ol... mm 1%! Powe. 8 uo | Alay Br Gol Mig Leto Bost & Mont Cons Cortez Cresson Gold. Devide Bx Gold Zone. Harmell D .. Hecla Mining Kerr Lake MeKin Dar Motherlode Cit tonal Tin [ STEEL AND THE EVENING WORLD, TUESDAY, SEPTEMBER 20, BANKING ANO FINANCIAL. UIPMENT § OCKS We have ready an important Special | Service Bulletin, explaining, with facts | and figures, the market improvement in these securities Since the sows of last month, these stocks have scored an ad. vance ol trom $2° to $215, Nine of filteen stocks in this ¢ assitication have advanced over $10 sper share. Those interested in the tollowing Steel Stocks: Bethletiem, Colorado Flue. Crucible, Midvale, Republic, Sloss Shet- . Steel; or Railway Equioment & field, U.S Stocks, Am. Car Foundry, Am. Foro, Baldwin, kell & Barker. N.Y Ar Brake, Pressed Steel Car, Pulin an, Ralway Steel Spring should not only etudy this Special Servic Bulletin but should Keep it at hand, as it will go a long way toward explaining further activiiy and improvement in these stcuritics Copy free on request. McCall, Riley & Co. | M Stock Exchange of New York 20 Broad St., New York Telephone Rector 2101 Philadelphia risburg DIRECT s | To get posted on | recent activities of stocks— Read this week's issue INVESTOR & TRADER It is filled with —important news col j lected from all avail- ; able sources on many stocks —graphic illustrations of price fluctuations and —special articles on securities and on market conditions Copy given, witbout obligation. Ask for §.W.491 i Jones & BAKER jembers New York Curb wens: Direct Private Wir Three NewYork Offices 50 Broad Street_ Tel. Broad 7150 225 Firth Ave. Tel. Mad. Sq. 1377 $05 Fifth Ave. Tel. Mur. Hill 7120 How the Recovery in Cotton Prices Will Affect Southern Railway St. Louis Southw’n Ry. St. Louis & San Fr. Ry. Kansas City So. Ry. | Renewed world demand for cot: ton Is relleving the South's finan cial stress and restoring its great purchasing power. The above | roads should benefit materially, Write for special letter on the subject L.L.Winkelman & Co. 62 Broad Street, New York Telephone Bread 6470 Breech Ofices bm Leading Cisse, Dire Wires 1s Fartens bharbe Reaver Hoard Sa Beth Steel Beth Steel chy & East Mi Se. om Col Grapho 88... 40% Copper Kap $s 23 100% Copper Exp fs Moc, 190% Humble OM Ts. Inter BT Ts Libby MeN & 1 96 Morrie & Co TMs. 100% NY NW & at 4s 53% Philtypine Stan oT Seary Roebuck Ts 22 251 Soara Roobuck Ts 28. oe ay ot Cle 8 100 Souttem Ry dm 8% uthwest Bell Te. \ SONY SONY On Ts i & CD Te BB. VoL vat Ta 4h Uo Drow § Union Ov 10 00% 5%, Winchester Bilas SMae cae VS Breall 6 per cent. call money re-| quoted this morning is the | Aug. 1. Money was ayall- outside market as low as It will surprise no one if Bank this week al vate in the nt. announces a reduction in the rate of ediscounts from cent. 40 relaxed that there now of time money dance 61-2 to Bi-4 re Money market conditions hay in sal 3 | WALKER. Suneea nECToRS GRAIN PROVISIONS Our daily letter sent on requests E.D.DIER &CO. 42 New Street, New York Telephone Broad 5149 509 Fifth Ave 6; tasth st. Is the Market a Buy at Present Levels? Some Issues Are a Purcha Others a Sale Write for and Read “Stock Market Opportunities” Shewrys[alkland Ptenbers Consolretod Sto’ fx Wr 198 Broadway, NewYork DOie€o, ALLYN MAURICE vate with lat Marines, died suddenly, Sept. 17 uneral services Tunsduy POM Campbell Funeral Chureh, Bway and | ouin at Call “Columbus 3200" eee i Bread: Been one, att Sn a= but few rante—airie 1921, == We Carry a Full Line ot ‘Pictorial Review’’ Patterns L. A. PRICE, Pratl Satisfaction Guaranteed or Money prombiy Milo 0 i) | West 1dth Street—Between 15th and 6th Aves.| Smith’s Brussels Rugs Beautiful 9x12 Seamless Room Size Rugs Value that can only be duplicated at the mill its noted for long and satisfactory wear. 9x12 Axminster 8.3x10.6 Axminster Rugs, *31.50 and perfect rugs-—beautiful Oriental, floral and neat all-over designs in a wide colorings—a good durable quality you won't match anywhere without paying much more. All new Smith’s 9x12 Velvet peek | Size 9x12 Seamless—A grand collection of neat and pleasin; $2 {© colorings in original ol Chinese, handsome medallion, exquisite neat all-over designs. fat and Choice of Handsome Two-Inch Post Massive Enamel or aes eee Velvet or bright finish brass be ivory or white enamel Couch Bed and Mattress Complete like sketch at right. Bed “Simmons,” “National” and “Greenpoint” Firealiors $9.75 Sale of Heavy 35c Huck Towels Half linen, 18x36 size, with fancy weave red Damask _bor- ders; others are all White. Each € 69c Robe Flannels Finely woven, thick, fluffy yand choice colorings, both 55e | $1.49 Dress Serge id dark in beautiful de- 54 inches wide all wool, 98 and will stand washing. very fine tw! The Most blue, plum, maroon and’ black. Per yard $1.98 Inlaid Linol eum Good, heavy, hard-wearing, serviceable quality; strict- ly perfect; colors go clear through to back. Many new and beautiful patterns, Bring Room Measurements. specials No ©. QO. D., Phone or Mail Orders Filled. These items sold only in departments, and then only on request. Ask for them. 3-Piece Set $6 Velour Drapes Madeof $ heavy 3 95 embossed velour in rose, blue, gold, green, etc., 244 yds. long and 18 inches wide; beautiful new pattern; one sketched, a Genuine Split. Cou Brief one ; 16 inches ; brown; well 2. 29 Satine and y $1 Paine ane Petticoats In all colors; good, full, well-made ments with pleated ruffe, accor ina »69e flounce or tailored styles. All sizes Boys’ ;°*" Union Suits Regular $2 Values In gray worsted ribbed and heavy weight cotton; ‘Te 25c Mercerized Pop lins White only—a nice silky finish pe at about one-half of what it would cost 12) to weave to-day... We ya, $1.29 Feather Pillows, 89c storas Oriental, floral and neat all-over designs. Suitable for any room in the house... Suitable for rooms, stairs and hall runners—all eae serviceable quality ag ae colorings. Velvs et Carpet Popular of All Me- dium- Priced Floor Coverings Wearoleum” is to be had only at i Hoien Dery 6: Strictly waterproof pecially nished Laden ve care- ful inspection of our expert. Will not shrink or stretch—two yards wide— neat, new patterns and colorings, Prepaid Mail Orders Filled, ({@e=4 elf—heavy qualit 317.98 Rugs, 834, 50 ariety of exquisite Two Big Carpet Bargains Velve $1.35 ya. eee B 98 ya. Pree HN as: beds. Big Savings at This Sale Lace Curtains A recent large under- price purchase enable us to feature splendid quality white and Ara- bian Curtains in Ren- aissance, Irish Point and Novelty designs, 8 itable for all rooms, in 21 and3 yd. lengths at the followin excep- tionally low prices: eee 19 &§ sq. yd. ag 1. Clark’s Famous “O.N.T.” Spool Cotton 150-yard spools, black or ord, num: 70; D white, best bers 40-50-60 and limit 2. doz. No C. O. or mail orders, § Demonstration and Sale of ‘Wear-Ever’” Aluminum Stew Pans One Quart Size Hard Thick Slieet Covers to Fit Re pgularty the Above Pan 15e sold. at 29c Special Notice A factory service expert thoroughly peneyces in the use and care of “Wear- ver’’ Utensils is at our store for a lim- ited time and will demonstrate the superiority of this famous wear. |