Norwich bulletin., 1922-12-28
FNANCIM AfD COMMERClA!
aGAnkEr VAS U 5miinsau1.AA.


 i Nsw Yegk. De. .27.-Sesea4asegs for Aa a4ysaes GadAavered to continue lAAsk4nE up stocks tn todays market but msy ran Into. heavy p1oat-taking and ShoSt calling with the result that the hss ePesAatsd decidedly irregular ao peAPaaeO at the close. %t x.
 ' Baldwin, was taken h hand early tn tAS SssSIon and pushed up B-s points Ee IS9 1.3, the highest ptice of the YoaH, and American Locomotive ad- I7nesd 8 in sympathy. but few of the OtAeP standard industriaS Wefe able Go make much headway., Strength of Baldwin resulted, in q, revival of ;ru- norS regarding the possibility Of an eS- Ha or stock dividend disbursement, but la view Of the oflciai: denial, of similar ru1n6rg . few weeks ago these were not lAken sGriously. ~s; ;;i 71.2,
 x While stock sales crossed the million yha1e mark. chief tnterest ip the dnan- Slai markets was cehferea on the fur 1heg ,riSe in: cotton pr!ces. Rsw. high rec BEas Tor the year being established by EiI months, bringing the price of raw SYo4uet to approximately $13:5e a bate BAove the quotation prevailing few ESSks aEo. Prices reacted, later < on SFodt-t4iing. {, S.,Tnere wHs continued lack. Of speeu- httYe, interest in railroad shares awith Aeeided reactions tn the stocks of roG4s 6AoUinE poor November, earnings stlte- tn6uts., .Lacl1zwanna dropped to l35 to- Hay but rallied later to I37, where # WaS oR l l-9 on the day. Norfolk and vaEteTn,o which reported s dencit of SI7i.060 h net income in November as against ;sn increase of 1.4t5.o6o in the same month last year, dropped to- I1o T.2 and net loss of l, 1-2 points. Los5es of point or more also took EAcs ta Great Northern pTeferred, Ca aadIan Paethc and Northern Pacific
 3eThs New York CeptrA system Show Sa an increaGe Of ST 5fs.o6o in gross 1St month over November 1921 but a seexe4se of $32S.ooo in net. The South ..S1 Pacific system showed an incteAse II, S2,l6Q.oe0, in gross and an increase if tZ27s60p in net ahd the Union Pa- aAc ,Systern. an increase of $1saJ3 900. n ross and an increase of S1.sfs 0oo;'' .in Itt. : Generally; the November, snoWiaA |, considered satisfactory. x ,.>.. ". ts
 :, F,sher Body in which there: was Eonae speculative selling yesterday moved ur 1;E2 points today, Some of the other Sutstanding strong spots. were AIne-fcan Bosch, MaGneto, American. Sugar, East aap Kodak, International, Nickel pre- lerEed. Producers and Refners.s KresSe. R1erce OH preferred and Piggly-WigFH ;ke, last named at q new. top.r the Ea s ianEink fTom 9 to { s-s points. and 'H foht Pwoedr. Jn, g 57s. =, a aESttomberg Carburetor estahHshsd sa AeE peak ,pfice at n, dropped to. ss ,t.g on pfoht:takIng and short selling nd rallied to s7. s-s. Ewhete rits was of EA.4 on the day, Stewart, Warner 5rAedoinetef also touched new top at S but vas of fraetional!y on the day ltI9itS final nrIce of, 75, 5!s. Marked AeavlneEs also was noted in General EAeeAfjea < General Asphalt x preferred, iS6riIlifd Tobscco, and Chicago Pneu- Inktie T6ol atf@3 to f points, and Mex.; ih. PstroieuIn of 8. .Ma{ines preferred AsepnSa below 4s, fol. another new loW i,;;sSotd: but rallied to 4a s;t sat .ae %tCatl money was firm opepinx at 5 ,bsf tent and, advancing to 5; 1-2 before EtlSft%al nap4r markets. were dull with B effange. in. rates~ <F.oreiqn exchanges ,,fSacted slightly on a large volume H Ar' 91fss.-, Eate bnsiness (; in, +sdar1a r. ] %E-f,a$ vas done at j$4.64 3-,r1t 1.s be- F. :. last night. while, French; francs IN.3$3*d 1a.1v2 points, to sT7t,19@. cen-Y. %.,n.> ,sn marks slumred from 47 tn |, F. <trts a. hundred in rfflentfon of t3M .'S-N ~ l!uas ccii?hYnisSF6n d&"' atF79~ G~1Ss N Y in deGaultr in ,har.swnn4 Anlvcr! < ' V %.fj:'f"ncs. The cCGpadtan dollar; vas 's..a discount ot l +cent! @ :; Y. *'. -.< ! -1--.: -Er -.-"- Y. fs.-,~,-- = rr-3 SF n '