The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-14
STOCKS CONTINUE
PRICE ADVANCES
Stimulus for Extensive
Buying Furnished by
Low Money Rates


NEW YORK. b.r 70. STOCK
....,,,......, .,,,.,.-. ,fs. .,, bigbo,
wv .,...
ground 4" I"n'' 'N''"''' '''"'
Tor the expanded buying being gwen
bv a continuance of lower money
,.,.y ,t5t,lou.,I st,..l and rsir1 dI.i.
.,..,
dcnds and another sharp r''' 'h H'''
ling exchange. most or A'.H'h no"
aver WA, cancelled later. shares sub
..,...,...... ....l .,,.,.c...
J''I w. p''' ~
Ing extra d'N'n'hd l''N''''''''' "H''"
received inc most ','' .''"', ,,.
NoW hoih ''n.I" '''''' "' '' .''
loss "i p. .....
o'hct I'HH on ''"h'' 90 I'D '' ''". U'
but recovered 'h '.po"7.
fTcsh buying lh lu"i hl""P "'' '''"
tho afternoon 'l"'l.s p'.,'' W.,
E'ntidl'N htu'' WIZ "f1 o..
gains Hihlied 10 .'a'''" "i'.. ''""
Jersey ''n'"' '"N'n,'u ''''''7 ,. "
a small turnover an" 'H'''"'''
'itlc rose .4 ....... ......,. ,.,.
some exec i.u' E"'''7 ''''"
uumhoI %! inh 1p',uI'. I'VE ,a'
uritcs nolau'y ny ''''" w. 80.
(ou'd"d ~ z 'h" '''5'" oL -,, =
net gam o.! " h"'l'A' ~ S't'''' ''t,'.., ,,,..
NE sh"I lHltI'7' ~ ''''''''''''' 49,.
also iesul'eu lh d. p"''' h'''' ~ '''''
STOCK. ..- ann. ..,,.
FISHER body ',ntSsu VIC wv ,,',, '''.,'
nut rem inter 10 I'V p, w d ~ pU'','. ,',,,.
ON the day. Genera t'l"','s ., l,
rose Z points. Nud'uonh Ah"I ,ps
erlhE IN I'kbN lhe'E US ,.i,..
stoch UP u" NV" ''"' "'s'
90 a.. .,.... ...,,,, .,o,,
some Vl tle u.", ,!,,,9,, 'ie ,i,nJ,,
were American ~, 'lu''' a',','.,,,
bhh-AIhtIlvhu Huh"' Pio',
Elkhorn coal h'N''.u i'', ,,,,..'i Wv Wv
ran Werlcah n ana -, 'S',
Steel Car, United H"t'h stores anu
WiilyS-pNe'ian" pl,''I t'u, ''' s'''''
ranging from 10 : po'h'h.
General Asphalt broke nearly loui
points on the announcement %
President Sewall that a new ogre,
uent had been nladu WIN lhe Npyhl
Dutch smell group Whtiohy iu7lr"u
of one-iourth Interest IN iututt
surplus profits OF the venezuelan u''
enterprise the company VIII realizo
at once through receipt OF royalty
of one-eighth OF the crude OH pro
ductlon therefrom, commencing Jan
nary J, 1873 ltdNal lputch sutieftu
IA net loss OF nearly two points Wool
worth broke more than i've points
can money opened az per cont
eascd Off TO 5% per cent ana then
advanced TO 4 again before the close.
Time money continued hrm AZ b
per cent for the longer maturlties
and Az per cent for the 3o-day
period,
Little new commercial paper IS
coming into tho market although
there is fairly good demand with
prime names still commanding
&& per cent.
Operations In sterling again dom
mated the foreign exchange market
Demand bills roseto fi.6SA during
the morning but tell back 10
$4.6Ss In the late afternoon.
Bond prices generally showed n
firm tone In today's relatively light
dealings. United Kingdom 3 y =
OF 1929 climbed ~ points TO ilG Il
new high record. In the early deal
inEs In sympathy with the further
sharp rise In sterling exchange,
but they Cancelled their gain later
when the sterling rate dropped to
only slightly above Tuesdays close
Mexican Is aud Jurgen 6s were
also strong during the morning, but
yielded somewhat later.
United states government issues
were irregular, tho second is and
the first ~ each gaining 90 cents
on 500, and the uncalled Victory
Al { cents while tho other active
issues registered losses OF 70 3
rents. There was an appvecIable