Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-05-11
STRENGTH SHOWN
IN QUICK RALLY
Of STOCK LIST
Sudden Slump in "Curb" Is
sue Followed by Slump in
Speculative Shares Which
Rebound HeaIthiIY.
Esr MORNING IeussAL SPECIAL LEASED wEri

New York, May 10.-Today's stock
market gave an impressive demonstra-
ton of underlying strength. rallying
easily from its extreme decline of two
to ten points in some of the more
speculative shares, notably oils and
shippings. The break in these groups
was precipitated in part by a slump
of some twenty points in one one of
the prominent "curb' oils, that stock
also rebounding briskly to the dis
comfiture of the shorts.
Accompanying the recovery of the
last half hour was an urgent demand
for some of the motors and food
shares.
Texas company was the most re-
markable feature, however, making
up all but fraction of its Y point
decline, while Royal Dutch issues re-
NAMED under pressure, with Mexican
Petroleum and Sinclair Oil.
Atlantic Gulf recovered all but a
point of its Y point loss and ma
rines and United Fruit showed re-
Operative power. Tobaccos, metals
and equipments We're steady to firm.
United States Steel and rails were less
affected than the more speculative is
sues. Sales amounted to 100000
shares, which constituted the most
active weekend session of the year.
The days general news included the
April tonnage report of the United
States Steel corporation, showing a
further decrease of almost $4,000
tons in untitled orders.
Bonds were steady in the main, the
Liberty group alone easing slightly.
Total sales (par value) aggregated
$3.50, 900. Old United States 2's were
u per cent higher on call during the
week
Liberty Bonds final prices today
were: avs, 1856; first As, $3.50;
second AS, 94.00; first Az S. $3.50:
second AVS. 93.9S; third A "A s, 95.1S;
fourth 4 as, 1896.
Closing prices:
American Beet Sugar ....... 81 q
American Can ................ 81 Is
American Smelling e Refining 75A
American Sumatra Tobacco, -. 1913 x
American Tel. & Tel. .103 q
American Zinc ............... II
Anaconda Copper .,........,.. 63B
Baltimore & Ohio ........., 491a
Bethlehem Steel "B". ........ 74A
Butte & Superior ............ 2312
California Petroleum ...,... 33
Canadian Pacific .165 Il
Central Leather ........... S41b
Chesapeake & Ohio .......... 645s
Chicago, Mil. &c st. Paul. ...... 3S&
Chino Copper .......... 81
Colorado Fuel & Iron. A
Crucible Steel ............ 10
Cuba Cane Sugar ............. 35%
Erie .............,. 17A
Great Northern Ore Gifts. .-... As Il
Great Northern pfd. ....... 931a
Inspiration Copper ...,........ 80 q
Int. Mer. Marine pfd. III q
Kennecott Copper ............ 325s
Louisville & Nashville .....,...11GB
Mexican Petroleum ...........1S0A
Miami Copper ........,.... 23
Missouri Pacific ............ 301$
New York Central ............ 76 q
Northern Pacific ............ 93A
PENNSYLVANIA ............. ASK
Ray Consolidated Copper. ... 2OA
Reading 90
Republic Iron & Steel. S3%
Sinclair Oil & Refining. ....,... 651a
Southern Pacific 107 "a
Southern Railway ............ 20
Studebaker Corporation ..,.. so Il
Texas Company .....,........2S 6
Tobacco Products ........... SS7
Union Pacific ...,...........,l 49, 15
United States Steel ........... 99A
Utah copper ..s". ..'....'.... 'o