Evening star., 1921-11-19
BONDS WERE Active
At STRONG PRICES.

NEW YORK, November lon the
curb exchange today prices. as rule,
were slightly higher. Some Of the
low-priced issues were again the lead
ers. due to the activity Of traders in
this group. National Tin was in fair
demand. with a sharp rally from its re-
cent low, and Hard Shell Mining was
Influenced by reports Of favorable de-
velopments at the properties in Ari-
zona. New Dominion Copper also was
firm. There was active buying Of the
low-priced oils. including Victoria, Y
Oil and Gas. Tuckeny and Keystone
Ranger.
High-priced oils were irregular, in
cluding Cities Service told) common.
which at one time was several points
lower. Small upturns were recorded
In Standard Oil Of Indiana, Arkansas
Natural Gas. International Petroleum.
Ferris Oil. Imperial Oil of Canada and
Simms Petroleum.. Southern PETROL
cum was steady.
Coal stocks were firmer. with Farrell
Coal the leader: Acme Coal held
steady. Chicago and Eastern Illinois
shares reflected the better demand for
some OF the on-dividend-p paying rails
on the stock exchange. the common
being in fair demand at a gain Of q
fraction while the preferred rose near
ly point. West End Chemical was
firm.
There was continued good buying in
bonds. the Chicago and Eastern 1llf-
nois SIS and New Haven As being IA
vored at substantial advances.
NEW YORK, November r~1s.-There
was no 1et-up today in the active buy
ing movement in the bond market.
f1n - tHn taNf lF ~ q n
in Mexican government issues. ac-
companied by unusually heavy trad
ing. The 4s. which had closed last
night at 81. reached II, and the IS
jumped over points. This virtually
restored all the loss which followed
that negotiations for financing the
Mexican internal debt had struck a
stumbling block. Although there was
no official word with the course of the
session, it is assumed that the diff
culties were in a fair way Of being
ironed out. Liberties were firm. ex-
cept for slight weakness in the third
AIS.
Foreign governments generally
were strong. Norway SIS at l07x and
Denmark SIS at 107A both made new
highs for the year. City Of Toxic IS
gen 51. s were at their best when they
got to S7h.
Many New Highs.
Numerous new high records occur
red in the industrial section. Among
them were bonds which have been
prominent in the dealings of the last
week. including American Telephone
and Telegraph convertible Is. which
reached their top at 1O9l4. The new
New York Telephone Company re-
funding 6s were actively traded in, as
they were yesterday. but they did not
exceed yesterdays highest quotation.
Bell Telephone of Pennsylvania
! went into new high ground at 1oSk
; Rubber issues we're strong. United
states Rubber 7lss and IS got to
1904 and 8ia.. respectively. for the
first time this year. American Smelt-
ing 5s equaled their high at 85. Sim
clair Oil 7As struck their top ut ss%
were at their best when they sold ut
So. Dupont TVS at 103 made new
high.
Fresh high levels for 1891 were es-
itablished among the rails. Kansas
City Southern 5s at SO. Lake Shore
is Of 1873 at s0&. Illinois Central 4s
Of 1858 at 76si. Colorado Southern 4s
at 9oi2. Baltimore and Ohio SIS at
TN and Missouri, Kansas and Texas
second As at 46. Chicago and North
at II were at their best. The rest of
the railway list in the main held firm.
Canadian Issues Firm.
prices In the market for Canadian
provincial bonds rose without inter-
ruptfon this week above their high
levels Of the preceding week. All
classes Of securities Joined in the ad-
vance. Together with this activity
were the quick sales to the investing
public Of fresh issues Seasoned bonds
in the Ontario and Manitoba groups
were bid up steadily. Ontario IS Of
l943. recent offering. were quoted
at 100A bid. offered at 1914. The
AVS Of 1925 got up to s3h bid. Of
fered at 94A, and the 4s Of 1925 were
90A bid, as against 81 asked. Mani
toba 5s of 1926 were 93ss bid. offered
at 94&: the new 6s Of 1916 were
1908 bid. offered at 101, and the IS of
1925 were 81 bid, offered at 9S.