Norwich bulletin., 1922-09-06
'FlNANCIAl AND cOMMERCIAI
]. .mAnxrr HAs nouvaNr

. t, New York: Sept. 5.-settlement of the hard coal strike over the week end i'm parted a bouysnt tone to prices in to- days stock market. industrial shares leading the advance at gains of to points. lroit- taking and short pressure
 zgafnst few stocks in a weakened tech 1tcal position. gave the market an ap- psarance of irregularity at times
 ss Wall Streets belief that the indapend-
 ent steel mergers would be carried to- coSnnlstion, despite the ruling of the
 federal trade commission that they were illegal srnonopolies, found expression in E the brisk demand for stAei shares Re public Iron and Stetel closed at net gain ofssneariy 8 points, while Crucibie, RBethlehem B and Gulf wereeup a point
 or pipfe..a
 Es Norfolk and Western -climbedsto a new peak price on reports of the possibility kof>an extra dividend now that the soft Iscoai strike : is over. Rock Inland also established new. high price. in 6 sudden
 and surprising outburst of activity, but, it forfeited most, of It's gain before the close Insofar as the hard coal carriers were concerned, the settlement of the strike had been largely discounted, tsuch road as the Lsckawannz, LehiKh
 valley. and Pennsylvania showing snaail
 frsctionai. losses. o .fs Buying of Mexican Petroleum. which
 sndctpated within range of T points and lsclosed at a net gain of. s-s. was attrf- !. .buted in part to shortscovering operations EPublic9tion of the Mexican debt agree uaent also was regarded asa favorable
 Influence. The regular quarterly dividend kof-S g on thescornrnon and s$z on-the prefer 1lred was declared today. as were the res lsularly quarterly dividends of $1,50 or lshokh classes of the Pan-Arnerican Paron lcompany Mexican Seaboard issues weri
 l!reactt ttonaFy son reports of heavily de
 screased production, indicating furthe
 ssfrinkase of fhe Toteco pool. Roya IsDutchs Standard Oil of California an
 tBarnsdail B were all strong.
 fsgsCoppgr shares moved into highe 1sgrolnd underline leadership of Utah an l, tEAnaconda. The regular quarterly meet ling of the Kennecott Copper company. al treetors, scheduled for today. was post Ep5faed. uhtiI later in the month because c lthelac Of quorum.
 ls Several specislties were bid up to nel } high prices for the year on gains rang !. iiig frem to nearly 5 points, notabl : l American Wooien, United States Realt. r Killed, Chemical, United Retail Storei . Fanous Players, American Ice. and Bald + tTotal sales NapproxirnatedA soo,oo shares. ;. ,L.S ~
 eisCal -noney opened at 1-2 per cen , .fnd held steady at that figure throughov ! the session. Tine money was siiEhtl
 nrrlter.S due to first of the month requirs
 ITpepts. s.gA z {sse Foreign exchanges were irregula British and other allied ren1ittancess dt
 elintng slightly below Saturdays qut :. Etatsons;7. The weakness. in the Italia . lrste was attributed tok the financing < grain shipments from this country to I . laly: Hungarian crowns fell to new To . koK5 504 1-2 Of a cent. crown, wfii 2 , l Czecho-Slavakian crowns showed suI ssantiai i.recoyeries from last weeks req
 ton; German marks sold around [ cen
 hundred, as compared with the extrefr s low of 5 cents