The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1921-12-12
STOCK MARKET
OPENS Strong
Developments Over Week
End and Conference
Progress Cause

NEW YORK, Dec. 12.-wall
street 1920 A. M.)-Developments
over the week end particularly the
trend of developments at tho arms
conference caused here activity
and strength to the stock market
at the opening Of today's Session.
Oils. coppers. equipments and ship
pings continued to lead, rails fol-
lowing their recent sluggish course.
United fruit and American loco
motive rose a point or more In the
initial dealings. Chandler Motor
was the only weak issue falling
two points. Foreign exchange
were very strong, all the principle
rHmittances under lead OF sterling
attaining to highest quotations for
Il year or more.
Metals, equipments and oils,
notably federal mining and smelt-
ing preferred. general electric aud
standard oil for New Jersey made
further substantial advances dur
ing the morning. Shipments
! utilities which are deriving bene-
fits from the holidays. also extend
cd early gains. Trading slackened
before noon on resumption OF
pressure against rails, Chicago
and Northwestern common and
preferred fell 3 points each and
ST, Paul $500" aud st. Louis and
Southwestern we're heavy. Motors
and tobaccos also yielded to FUR
thcr pressure. Call money opened
at five per cent. ,.,
Investment shares, including high
grade rails also European oils ana
;mtors, were well supported IN the
last hour. The closing was steady,
Liberty bonds and most other gov
'ernment issues we're irregular.
The strength Of foreign eXchan5.
les was the outstanding feature Of
tOday's financial markets. Trading
in stocks was broad, but profession
al and often without definite trend.
Sales Appropriated $4,000 shares,
Allis-Chnlmers ....:....... 5645
American Beet. pS
I American Can..,............ S2t2
American Car and Foundry. ..l46B
American Hide and .etaoinotnnnn
Am. Hide and Loath. pfd. -. bI9s
A~feriCan Int IN. Corp....... Az
American Locomotive ....... 99?i
Am Smelt, and Ref......... 46ta
American Sugar .......... 00!s
! Am. Sumatra TOb........... W1a
! American r. & T............ll6
American Wooden .....,.... S2tEa
anaconda Conner ..-....... 49h
/ Atrhison .,.,,.............. gOH
Atl. Gulf and ". Indies&.... IS
BGldwi Locomotive ......... Dta
Baltimore and Ohio. ....... 1914
BCthb hem Steel "B"......... 5SEs
! Canadian Pacific ...........l2lh y
| CCLlral Leather .......... 81
| Chandler Motors .......... 1888
! Chesapeake and Ohio 66ht
! Chic. NIL. and ST Paul...... 1O1t
Chicago, Il. l.. and PACE. %l@
Chino Copper ............ ESA
! Chino Copper 2Sh
Colorado Fuel & Iron ........ 90!s
! Corn Products ...,........ TSA
S.! CrucibIe Steel ,.......... 641s
Cuba Cane Sugar .......... 7lS
Erie II
General Electric ........... l4G
General Motors .......... lbs
! Goodrich Co. 35A
! Great Northern pfd. ----... 1913
I Illinois CanfraI ssh
] Inspiration Copper .-.--. 39B
Int. Mer. Marine pfd. .-.-..- 66h
International Paper --.".. %
| KeRnccotti Copper .... 27b
! Louisville & Nashville 1890. JOSH
Mexican Petroleum ..---.-1l51S
: Miami Copper ,.~.-."---.271s
Middle States OIL ---~"-.-l4ts
Midvale Steel ...."-"-..2SS
| Missouri Pacific ...-"-..lS
New York Central ...--""-..73ls
N, Y. n. H.. and Hartford Iii
! Norfolk g. Western ...-..""..91
| Northern Pacific ..."-.-.-"..-79fS
| Okla. Prod. & Ref...-....... e.
Pan Amer. Petrol. .......... ON
Pennsylvania ............... SIS
Peoples Gas ...........: b6tt
Pittsburgh and Wi,st Van. 2952
/! Ray Consolidated Copper, =. 1h13
! Heading .................... 711s
Rep. Iron & Steel. s.
Royal Dutch, n, Y.......... 63ss
| Shell Trans. & Trad....,.... 4Va
Sinclair Con. Oil............ IA
Southern Pacific ....... ~