Arizona republican., 1921-10-12
[RepubIIean A. p. Leased wIrel

NEW YORK, Oct. 11.-Trading Tn stocks today was dull and irregular. speculative issues, chiefly junior oils ano miscellaneous specialties, again maue up the bulk of the dealings. tirmer money tendencies and tomor- rows recess (Columbus day) were yurflcient to curtail business and meek any effort at constructive oper- htiQns.
 Gains of one to three points among the domestic oils were offset by re- uewed selling of Mexicans, food is- tues, notably American Sugar com : mon and preferred, and National Bis cult lost one to three points, and sec yndary rails, shippings and indepen lent steels reacted to the same extent. bales amounted to 425,000 shares
 Call loans opened at per cent and Aeld at that figure throughout.
 Time money was quotably un- Changed but offerings diminished, ex- lept for the shorter maturites and b0-day bank acceptances.
 The principal freign exchanges reg lstered sharp recessions from their recent buoyant advance, Liberty bonds forfeited material part of the gains and latest industrial de- velopments were less encouraging.
 This latter condition was strikingly exemplified i'll the report of the Iackawanna Steel company for the years third quarter. which disclosed . substantial increase of the deficit ever the loss three months before. Net losses in the Liberty bonds on unusually heavy operations were most severe among the 4Hs, the firsts los ing 156 pointS and others of that series 66 to 76 points, while the sec ond As. lost 5S points, In the general bond lists rails of the speculative type were heavy, especially seaboard & St. Louis refunding As. Sales, par value. $19.50,e00.
 British, French. Belgian and Italian exchanges declined irregularly on easing of the.buying demand and the Greek rate was again affected by ad- verse conditions in that country Changes in the Scandinavian quota tions were trifling, but mainly lower
 CHICAGO BOARD
 CHICAGO. Oct. 11--Chicago board of tradeasentiment turned bullish to- day and net gains were registered by the entire list. Wheat finished 31a to cents higher. corn was up 2A to 2M and oats 1 E to %. Provisions gained from 2 Z to Is points.
 a brief setback took definitely to the up grade. Factors which might have been expected to encourage selling were ignored and the strength in northwestern markets and expecta- tion of bullish government report within a few days on wheat stocks were the chief factors ip the advance A big Chicago interest was credited with picking up the early offerings through commission houses and a parade to the buying side resulted from this rumor.
 Light country offerings Southwest combined with official reports thai farmers had already marketed 72 per cent of their crop in Indiana, 66 pei cent in Kansas. 55 per cent in South Dakota. and 43 per cent in Minnesota gave the longs further encourage ment. Toward the close there was { considerable covering because of to- morrow's holiday and the close was at about the top figures of the day.
 Corn reacted to the strength ir wheat and had small boom of its own on improved export demand coupled with announcement that Hol- land bought 100000 bushels late yes terday. Cash houses bought Decem- Der to remove hedges against export sales.
 Oats trailed in the patch of corn.
 Provisions were dull and moved 1T narrow limits but were firm through out. Trade was mostly local.