Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-08-25
|DUsTR|ALS CONTINUE
| ON DOWNWARD TREND
US Business Shows Strong
Movement During Mar
ket Session.
|r"nr cur ~ NEwsrHl>r
rirsS nnt Stcrrns-Durycn An
ounce Cuts 0n automobiles Fran
10 10 Si.250--LnrEe Gold ship
tent In Transit.
uy Il. l.. lInrntIIu,

pS IL. -. unruuH.
EW YORK, Aug. 24.-S0me new
records for this movement and
nc new low prices for the year
made in industrial aharcs to-
hut thcro was difference be-
en- today's market and that OF
,eding days. In that some stocks
strong while others actually
wed advantages. Baldwin. Stud.-
er. American Locomotive. Mex
Petroleum were in the class
named. Mexican Petroleum.
Street heard today, VIII do
The regular quarterly dividend
per cent tomorrow II rs Alec
crstood that a pool is being
ned to put this stock higher
Gold Shipment In Transit.
uhn. Loeb & Co. learned today
5l,250,000 gold was aboard tho
fnp!c for the firm, making sos.
600 engaged so far this year.
mere was AN increase OF 24.lS4
N the number loaded during
week ending August Is. com
with the preceding week.
total was sos.oG5 which was
ao' below the same week for
: but only 23.i7t below 1919. The
for the week just reported was
coal. merchandise and Inisccllan-
tfaiiic. live stock. forest prod
:. ore.
ohay,s Iron Age eays tina, the
cs Of the steel trad. that fall
bring 81 noticeable. increase IN
Ing amounts TO something less
confidence as yet, adding: But
re- are indications Of slowly cX-
ding demand for some lines Of
shed steel. The best basis for
er expectations IS an increased
nber OF orders coupled with Il
c urgent call for early dcliyery. .
Report Cut In Ncwsprint.
All street heard that another cut
coming In ncwspr!nt Interna-
al Paper was off poin, from
nights closing
m"rican steel Foundrics' dirct-
meet week from tomorrow 10
are dividends. /, was predicted
banking circles that the regular
r'criy - cents would be declared
uba cane per cent bonds which
in"d from IS IL yesterday TO
-2 the closing price. a new low
,rd FOR The year were back TO Sc
und noon today. The high price
the year was SO Last year Their.
AN advance from "A TO 50 The
mon stock sold down 70 :.
holy or partly manufactured
D. made NJ no less than s2e0.O 900,
81 ia. S330.Oo0,OO0 decrease in
July exports according to the
died classified statement just
L. public nj Washington Com
can see IN" hand riting on tho
!. and 10 Gtave Off further wage
is threatening strikes demand
that capital first take It's losses
Says workers are entitled to auto
lies.
Autos Announce Price Cuts.
cause OF the losses that have
q taken steadily for the past two
rE by rich men two more auto
,ilc companies announced today
g reductions. Peerless Motor
run from $40 to $50. while
&c by stevens Duryca are from
TO $3.50 Workmtn do not buy
car last named.
large company has closed down
Eastern plant employing 5000
not because there are no orders
the books. but because Of the or
being filled Il loss instead Of q
tit Is being shown The loss IL
stated was dU" 10 TIA" high cost
labor. Every right minded citi-
would i;Ac :" sc" every working
n he able To own "A car and enjoy
But running a plant at loss
that the nottingham can have
ar is quite another story.
cEOt!ations are reaching an adj
ced stage for Il s50.0O0.OO0 two
r. per cent loan TO Argentina.
Is understood that the loan. II
ic. will be floatcd on an per
income return basis by Il syn
to made up OF twenty-five insti-
ons.