Arizona republican., 1921-10-01
[Repubncan A. ?. Leased Wire.


 NEW YORK, Sept. 3o-The stock market today forfeited considerable part Of its recent gain, leaders re- acting one to three points to profit taxing, renewal of short commitment ana higher money rates. Diminished dealings again centered in the more prominent issues comprising the oil. steel, equipment and metal groups. Mo.ors eend subsidiaries and food spe- traiied along at more mode Rasls were the only issues to main taln semblance of firmness. being sustained largely by the further pub. iicatIon or favorable earnings. Le- nlgh Valley was most active at a net gain of almost three points in con nection with the prospective segre- gatfon of the company's coal prop critics.
 The plan of the New York transit commission for the merger of all local fractions had little effect on those issues until the final hour. when Brooklyn Rapid Transit issues were under marked pressure. In the general list reactions were most se- were in Mexican Petroleum, Baldwin Locomotive, Stakeholder and Ameri- can Sugar. Sales 450,000 shares.
 Call loans rose from the opening rate of five per cent to 55z at mid day and advanced to six per cent mainly on belated borrowing, in the final hour. Time rates were un- changed. but some loans extending to the close of the year were made at slight concessions, when backed by high grade collateral.
 British, French and Belgian ex- changes, strengthened in response to higher quotations from London, the German rate also making further re- covery from it's recent collapse. Italian bills continued their down ward course however, the lire declin- ing to fraction under four cents
 Trading in Liberty and Victory is- sues again featured the bond market, but no new records were made. For- eign issues were lower. especially French and Belgian government flo- tations.
 Totals sales, par value. aggregated $15sS50. 900.
 eRADsTREET's REPORT
 My YORK, Sept Bradstreet' s -ton1orrow will say:
 Wholesale and jobbing, trade and to a<eslightly lesser degree. industry, tend expand as commodities and markets hitherto tagging join in the slow but apparently steady march of improvement The stock market. too. seems to have imbibed a little more confidence and is a shade firm CT. while the bond market especially as regards the Liberties, shows sus- tafned and. indeed, added strength. Increased buying and slightly larger scales of output feature the pig iron and finished steel markets. Lumber and coal buying and output have i'm proved.
 Jveelxi.r h9n,x ~1ear,xv, ee oae eos eoot '
 MfcoMMERciAl BULLETIN
 BOSTON. Sept 30-The Commer cia1 Bulletin tomorrow will say:
 The demand for wool has fallen off during the week, although there is still a fair business being done and medium wools report slight improve ment in their markets, while other manufacturing lines are hardly changed.
 "The foreign markets are strong.
 Secured basis: Texas: Fine 12 months. 65@75; fine months. 500 55.
 Territory: Fine staple choice. soc S5; 1x blood combing 6s@72; $ blood combing. 50@55: 4 blood combing, 3s@42; fine and firm me dium clothing, 60@65. Fine and fine medium, French. combing, 65@ 70.
 Pulled: Delaine: A. S5c; A. A. 75MS0; A supers, 60@70.
 Mohais: Best combing, 27@So; best carding, 22@25.