Arizona republican., 1921-04-02

NEW YORK, April In it's salient and more material characteristics, trading on the stock exchange today covered the ground made more or less familiar by recent confusing and wavering tendencies, losses predom- mating at the irregular close.
 Shares of the same classes ire quently moved in opposite directions Only in a few noteworthy instances was there any evidence of more than professional or speculative interest, many of the investment rails reflect ing further neglect
 Trading was most active in the last hour when heavy selling of At lantic Gulf at a net loss of 619 points was the outstanding feature. The stock was freely offered on reports that the company had failed in the negotiation to sell some of its oil holdings and tankers to the Mexican Petroleum company.
 Oils as a class were heavy through out, the so-called Doheny group re- acting one to three points with Gen eral Asphalt. Texas Company, Royal Dutch And others of less prominence.
 Studebaker. Harvester, United Drug and Laclede gass at net gains of one to 51a points comprised the few elements of comparative strength ! Sales amounted to 575,000 shares.
 Latest financial and industrial ad- vices offered no incentive for public participation. Time funds evinced a firmer tone on less liberal offerings and labor conditions here and abroad became more involved or unsettled.
 London's market was depressed the strike of the coal miners and the decision of the Manchester spinners to continue short time in mills, using American cotton has no effect on staple on home markets.
 Dealing in foreign exchange were curtailed and rates on London and other European centers were inclined to ease. The bond market was dull with price changes narrow in the main.
 Pennsylvania railroad 61a made yer another low record at 95&. Liberty issues and foreign war flotations were somewhat mixed. Total sales par value, sS,S75,000.
 BRADsTREETs REPORT NEW YORK, April 1--Bradstreets tomorrow will say:
 Reaction from before Easter ac- tivity and a widespread cold wave which later appears to have damage early fruit and vegetables but not winter wheat. have robbed the appar- ently general tendency toward mod crate improvement of much of its uniformity, according to telegrams to Bradstreets' this week. On the whole however. distributive trade seems to have fairly held it's own. as has man ufacture and industry, gains in some i lines of the latter offsetting losses i elsewhere whereas collections have l again sagged after two weeks of im- | provement. The irregularity hither- 1 to noted in reports from different l branches of trade and areas of coun- 1 try is still manifest to, perhaps, a more extreme degree, and general 1 characterization is just as difficult | as ever, except that 1t may be said l that immediate need buying charac- 1 terizes trade in spring goods, which l fall buying, except in instances noted I in recent weeks, is done with caution l approaching timidity weekly bank clearings s5,453, ,373, 900.
 COMMERCIAL BULLETIN BOSTON. April 1-The Commercial 1 Bulletin tomorrow will say:
 "The demand for wool has fallen 1 off during the past week as is not unusual following a buying spurt like l that of a week ago. and all the nnor~ | owing to a lessened confidence Nat quick tariff action is after all assured Prices show little change for the week. The situation in the west has not changed materially.
 ''The foreign markets are dull and tending downwards."
 Secured basis: Texas fine, 1: months, 7Od75e. fine months
 50G55c.
 Territory. Fine staple choice, s5 a 90c; + blood combing, 70@75c; % blood eombing. 53655c; A blood
 combing. 426 45c: fine and fine med.
 ium clothing, 65070c
 Pulled: Delaine, 9o@95c; A. A. 80 e
 S5c; A supers, 60G roc
 .l Mohairs-Best combings, 2Sd BOG