The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-10-05

New York. Oct. 4--StocH prices were
Md up n spirited fashion ~ the carly
part OF toays stock market session.
bu: heavy realizing sales a. the close
resulted IN material reduction In
NOS, OF tire grains.
Apart from the speculative eeVst
tha: the recent reaction was an adjust.
men. % a weakened technical POSITION
and had about run It's course. the buying
movement was influenced by the an
nouaced intention OF the directors OF
70 declare a 100 per cent dividend. easier
money rates and the improved situation
e the Near East
Standard OIL Leads.
Standard OIL shares were the DOM
nan; features. Forty thousand shares
81 Standard OIL OF California changed
hands In the frs, hour. the price being
pushed Up 20 lG4%. 4 gam o: %. points
over last nights taal vote and 15x
above that az Monday. BUT IL Welded to
1922. at the close os today on profit TAX
Ing Standard o: New JERSEY touched
1901, I new high, and s., points above
yesterdays tual quotation, but I ;eIt
back materially later. as did Mexican
and California Petroleum, and Houston
ard Pacific Gus. which we're Up 5 70 5
points a. their high prices. Associated
Oil welded less sharply. showing a net
gain OF points. Mexican eabos I'd
issues were reactionary under tire de-
pressing influence Of further decreases
- production n the Toteco neld.
Pool Operations.
Poo. operations were NANTES, N q
number 0: SPECIAL stocks. National Bis
cui,. which jumped l9x points yes,er-
day. vas pushed up another - points to-
DAY. bG, 'oS, al bu: 81. DfS,s Sa:n be-
fore the c!oSs BUy!nE o: his stock was
based on aac"nf-med reports 90 spl::-
ting up % the pcesen: shares ard
propc-tioaa:elv ,arke- dividend on the
new stock Caca cA,a also rose IN re-
spouse 20 -2no-s .; extra dividend DIS
bGse~Ha:S registering a re; gain % -
po!a-s
K-esSe vas pushed up 20 a raw hsh
OF -he aaaoaacenen: .hac the company
will call tor redemption OF January :.
rsxc. all IS outstanding per cent
notes. which originally amounted 20
So. 100000. Other strong spec:alies IN
Guided corr products, up I; Dupont. up
S&: International Harvester, up 5: kel-
sey Wheel. up 5: May Department
Stores. up Sig. and Sears Roe5uch. Up
eB.
~, -. q W Up.
Delaware. LaCHawInna X Western.
which has teca bought heavily on late
reports o: stock ~ extra dividend dis
tr.bu,ion. vas pushed IN 20 new high
at li3 today. hu. EEL back for net
loss &C -, q; ;he close. Trading n
other rails MAS Light.
Steel shares we're sluggish during
nosc OF the day, although Republic.
cruc!ble and Gulf States became quite
active n The ma, hour ard registered
moderate gains. Sh:pp.acs we're in bet
e. demand Marine preferred beng
pushed up over points ard American
Iace:na,.ora, cc-rc-ar,oc -
rocal sales apQ-or:matet l.3NeoHo|
shares
There was a further easing az ,as cal,
1.aSev rae which ope.e dac6 renewed
az ~ and sc.:eSeG 20 / ius, oAfo:. the
close Tire rcocev ard commercial pa
per markets we're qG!e;.
re feature % the foreign exchange
vas ,h4 t-op - German marks - the
rev low -a.A OF ard li-lS cents hua-
d-e4 OthA- foreign exchanges were
A--n demand sterling Ginning tol
44l4 a net gain az oS with slight i'm
provenent n che continental rates Ca
madam dollars were still! selling at al
slight premium.