Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-04-24
WALL STREET
: noaNlNs JOuRnAL ssse,Al. LEA.Ep wlarI

tof hoaRIRo JcuRHAL sSEctAL LEASED WHIT
New York, April 22-Stoclis
were heavy and irregular during
the greater part of today's active
session, becoming weak in spots
at the close. Aside from special
ties still under pool control, the
market reflected the uncertain
movements OF mid-week.
Further liquidation in several of
the more popular industrials was
attributed to Involuntary selling
ana for speculative interests at in.
terror points, where contraction of
credits continued to manifest itself.
The attitude of the federal re-
serve bank in this connection found
expression in an advance by the
Philadelphia, Chicago and Rich
mond branches of discounts on
treasury certificates of indebted
ness TO 54 per cent. Other adj
vices were said to point to an eX-
tension of this policy in the near
future.
Conditions in the money market
otherwise were unaltered, call loans,
holding at the prevailing per cent
rate. There were virtually no Of
"
chants paper was in light demand.
Heaviest selling of stocks occur
red in the final hour, high grade
oils leading the extensive reaction
when reports of fresh troubles in
Mexico gained currency. MexicanI
Petroleum made an extreme de-
cline of ten points, Pan-American
dropped also as much and the ena
tire list, including United States.
Steel, yielded two to five points
from best prices of the mid-session.
Among the few issues eonspie-l
uous for their strength were Rep
logic and Lackawanna Steels and
several of the motor accessories;
but rails, shippings. food issues and
sundry specialties lost all or more
than they had gained in the gen.
eral setback at the end. Sales
amounted to 1,450.o00 shares
Liberty bonds gave promise OF
further recovery in early dealings,
but eased later, when investment
rails and foreign issues became
heavy. Total sales, par value. ag-
gregated $19,s50,000.
Panama rs rose 2 per cent on
call, old United States issues show
ing no change.
Closing prices.
American Beet Sugar, go. 93$
American Can ............. AZ
American Smelling & Ref'g.. So
American Sumatra Tobacco. S7h
American Tel. & Tel. ....... 96
American Zinc ......... 1888
Anaconda Copper ......... 81
thtrbiSoO 10
Baltimore & Ohio ......... 81 Il
Bethlehem steel "B". ,.... IS
Butte & Superior .......... 24A
California Petroleum ..... 1914
Canadian Pacific .1t6%
Central Leather ........... 77a
Chesapeake & Ohio ...... SIS
Chicago, Mil. & st. Paul. -. 1915
Chino Copper ............. SO
Colorado Fuel & Iron. ...... 35%
Crucible Steel ..236
Cuba Cane Sugar ........ 52%
Erie ............. 1914
Great Northern Ore Ctfs.... 35h
Great Northern pfd....... "a
Inspiration Copper ........ 52%
Int. Mer. Marine pfd. ...... SO
Kennecott Copper ......... 2S%
Mexican Petroleum .......16S
Miami Copper ,............ %
Missouri Pacific ........... "a
New York Central ........ 6SB
Pennsylvania ......... 40h
Ray Consolidated Copper. -. 1871
Reading -. ............. rs
Republic Iron e. Steel. ...... SO Il
Sinclair Oil & Refining ..... S4B
Southern Pacific ........... "a
Southern Railway ......... "a
Studebaker Corporation ....104B
Texas Company .......... 44A
Tobacco Products ......... s3ss
Union Pacific ............t16M
United States Steel ...,....... SO Il
Utah Copper ............. II /