Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-08-25
IRREGULAR
IN SP0TTY MARKET
Heavy Selling in Last Hour on
Breaking on Of Rail Strike
Negotiations

New York. Aug. 25.-Trregularitv in
price movement and specialization Of
trading wern the pre- eminent devclon-
mentS of today stock market Special
developments were responsible for the
demonstrations in the individual or SC.
Ioct"d issues. whllc thc main body OF
stock was without n settled trend for
any length Of time. Altogether tn"
market operations was generally color
lose until the final hour. when an ex-
trnSivo selling movement developed on
the nows ot the failure 70 reach an
agreement at the secondary conference
Of tho hrothcrhool chiefs and the cer-
tain railroad executives. which can
ccied most Of the carly Improvement.
Some fcw stocks made big advances.
and there wrr" quite number 10 break
through new tons. Others were vjSih,y
under pressure representing Combina-
tion Of profit taking and further oXtcn'
sion "f commitments on thr short sd"
b. IN" professional contingent, most
OF whom stand ready TO tIkn ad-
vantage of nvc:v opening. and who nr1
openly oUt>pohCn in their bcarish posi-
tion
Tho market community a'togc.shr
appeared - bc curious regarding tho
overnight Developments in the unthra.
cite coal and railroad strike situation.
rather than showing any inclination -
dccroc ~ sn-iousncss ON nj sides tho
focIt,, w,e nnin,oL,v cvrressed tbpv
would which ro,hnr Welcome some dra>.
,,c nr,inn n, ,Ln mar. ~ official Wash.
trr,on ,ban IIs,nn "a endless talk on
what >houd bc done
announcement of rrico increases for
stool and iron rrodnc-s for n time
hc,ncd 80 dwarf attention from the
nrm'ras,n. Inhc. SITUATION and caused
sn ortiyn ;noY,rv for mos- of the iron
and see, shares T. $ Steel assumed
.he LEADERSHIP, OF the yroup. advancing
onrr,ximo-c,y nojn, above the nre.
~in,,. b,gh of mo yeer The buoy.
oncv of his market foyorite had a no.
t.r.ohlc sp.fsjntn- afTec- rnon The gen.
crol -, 70, IiJ not arouse tho same
Ia.,on rf ,no,uIofive cnthusiasm mani.
:estnL On nroyjnus occasions when that
,,o,l, vas crr1oyed os tho fulcrun
f .rc mako. Ievor Tho Indifferent
r,,rorse wo. rortIv axnleirabIe in the
,,,.ririor ~ ,be ortivt,y heinr corcen
,r,!n5 a., S,neI tor nuruo.n ~ r,cilitot.
iDy rros, .,9I.inr and dis,rihrtinn olsn.
".1orn
TLn industrial dt,'s'o, vos s--one,h
.,n ~. Snnro.o-, iInore~. s,o.nr,cnt
,L,. oo6 oGo ,r1s - ,of, ,noI worII
ba ,,;rod th;. raok en,ia, ~ ,hrea.
,,r,-.t.s 80 rt-,,,, .,,rnr, ava ,hn. .bo
11-"'i.,c,to, 1-.'i nnr, ,root rLo,id roo"h
no0 Hnn ,ors rnI,n,inn '."1 ,ba s,,Irrso
s..ol .,nt.ae ."s s,io,ni,i
Al - n',.i ~ w.. -. ,.'. t'''' S,'ia
SIuP I,''b.; .,,. ~. Il. ,n.s ,hn i,,o'gs.
omT', H U.,7 va. ~" oJ. .I.'! .ho n",-on.
. anr .,",. ~ Ipo,a.:-o 80 " o1,, ,'.on.
I.o. me-. J 80 "''o .s
.m,o Nv" ,'"l." ~ ,.r..' - re
a''"o.".v".s"l % L"c rIve'p' =. WV
i !Tr Ior" NV 'oto''"t..ss TI,,.i i,"'" .nE
Nat! - Irle".. -h'ua,Io''. 10y =
! ~ mo same ''n'" were rec'C4eu oF
! oNHo!Ia'Hd 'HS' ,oIumo!n 'hS; ra ,
! nous Ila:Nr> rTI''"on anu L'r'eEIS''
ana :\mrrl"hn t'o" ana l'ea'Hrr pre-
i"rre", AGoUt ~" onIE reai Wrh" TH"t,
we're touhH IN 't,'an,'E w. ana eH'
'hu''S ana Nh'0So ana AH"h Nu.'"aF
EXTENSIVE "qN;dat''h o''Irr'" N th'
hraI noNr on me ahh'NhcHm"n' 'ha'
'"e In4epen''", n's"N"'!"h> p',"''H
! '"'-An Fal!roh" "%''N''y"$ ana rH"""E
EllGn Leader hE3 neen Gehn!te!y b:hK'N
OF; Many OF me daE gains WeT" can &,
"cI.ed ana Sev"Fa stocks were dr,preSS"!
70 points be!o" yesterday ma
/ I!pldl !Olls'