Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-07-11
EARLY CAMS on
STOCK EXCHANGE
PARTIALLY LOST
CopperS Are Further Stimulat-
ed By Purchases For or y
eign Accounts, Especially
From the Orient
Y MORNING JOURNAL SPECIAL LsAsrO wlHtl


New York. July 10.-Cumulative in
dications of increasing monetary ease
and additional evidence of general m
dustrial revival were controlling fac
tors in further irregular advance OF
the stock market today
Early gains of one to five points
were partially impaired in the later
dealings on extensive offerings pre-
sumably from professional sources.
Initial rates for call loans were
to T y per cent against yesterdays
opening quotations Of to 10. as low
as being quoted in the final hour,
although the ruling figure was per
cent.
The increase of slightly more than
100000 tons in untitled orders dis
closed by the June statement OF the
United States Steel corporation mark
ed the first gain since october OF last
year, when productions o: IRON ana
steel began to develop reactlonary
tendencies.
Coppers were further stimulated by
purchases for foreign account, inelud-
ing the Orient.
Oils, motors and their specialties,
equipments and the usual peace in
dustrials contributed to the fairly
large turnover
Extensive absorption OF shlppings
served to bring about a substantial
rebound at the close. steels also rally
ing easily. Sales 1,635,000 shares.
Trading in bonds was light and
without noteworthy changes. Total
sales (par value) $9,750.00O. Old
United States bonds unchanged on
call.
Liberty bond final prices today
were: 3h's. 1892; first As, $500;
second AS, 1852; first AZ s. s5'2Z;
second "A s, 94.10; third 4 a S. s5.oZi
fourth AVS, 1920; Victory SA's,
10000; Victory ANS, 1890.
Closing prices:
American Beet Sugar ........ W
American Can .............''' oV e
American Smelling & Refining. So%
American Sumatra Tobacco. $3.50. ll3 Is
American Tel. & Tel. lO4 "a
American Zinc .............' 20
Anaconda Copper ........'.... - ~
Atchison .........,.... ''''' NV a
Baltimore & Ohio ............ 40 12
Bethlehem steel "BV.......... 20 Y
Butte & Superior ............' 80 "
California Petroleum ......... 81
Canadian Pacific .:...........loo "a
Central Leather .lOS "A
Chesapeake & Ohio ............ 81 rs
Chicago, Mil & St Paul. ...... 44R2
Chino Copper ................
Colorado Fuel & Iron. ......'.. 5Z9s
Crucible Steel .116 "a
cuba Cane Sugar ............. 3S%
ERIE o.
Great Northern pfd. ......... 80
Inspiration Copper ............ %
Int Mer. Marine pfd ..........l2l q
Kennecott Copper ............ ~ .
Louisville G. Nashville .........11S d
Mexican Petroleum ........l9l "A
Miami Copper ............... 2S%
Missouri Pacific ,,,....,.. 81
New York Central ............ 81
Northern Pacific ............. 96A
PENNSYLVANIA ............ 25
Ray Consolidated Copper....... %
Reading .,.....' ''.'.'' - ~.
Republic Iron & Steel. .... 9tN
Sinclair Iron & Steel. ..... 81 Y
Sinclair OIL & Refining. ....... 63
Southern Pacific .............l0E. 2
southern Railway ........... 80 4
Studebaker Corporation .......10S
Texas Company ..............2f0
Tobacco Products .............l03
Union Pacific ................".l 1913
United States Steel ............l12|
Utah Copper ............,.... 30