Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-07-21
FIFTY SHARES MAKE NEW
|, HIGH RECORDS FOR YEAR
Mexican Petroleum Advances
Due to Increased Oil
Prices.
lENPEtr Long RAIL STnrKr:
Wisdom Of Ever Allowing Seniority
flights {" tie ErtnbIi.hcd Il Nn,v
HcinR observation-disclosures Or
ghnlscd Like Iniuns

ny II. l.. IInrnIIirI.


Written FOR III. Tinted Ncw.N
Ne" YORK, July 2o-An unsuc-
:cssful rnor, was mado TO dcpross
he automobile shares and start Tho
rest OF tho market down on reports
hat automobile production FOR July
1wouli be only 100000. nyains, 30
Zoo. tho high record established FOR
iunc. While tn" average price OF
lifty shares advanced u "a nov hiYh
record for IA. year. at times the
market was very du!l Tho hos; as
3vico sent out from mere today was
for ,radera not to follow advance.
n individual stocks. but 10 buy on
breaks.
Mexican Petroleum covered mora
Troun! that any other stock. sell!is-
up TO 49, against ycstcrday's clos
nE OF 1871. on an advance ot % cents
barrel mad" "a fuel OH This fol-
lows tho advance of % cents "a bar
lrni made In bunker OH here In Neg
|f2rk by standard on early ,hi.
|"'"N Bo'h companies advanced
prices o, tur, Oh because ot Tho
growing thor;us" OF coal
Looks Like Long Fight.
Wall street was surprised a, ,ha
statement made hy jio"pc-. 81 mo
1Ra!lroal Labor BoHrd. that all az,
Forts 20 bring abou, a s",'lcm.ri. had
3'ailea. and mat h"rc" pa. BOARD had
iu.r""n from an n"Eotin'ipns
with either the striking snnp'uru or
l,h" man.scrr II is now plain ,ha,
ne original points in mo con.ro-
ma IS u" protest against
''' IN pay N" !"mar! for
w '''"' ''F ana m" protest against
''"''t ''' repair "prk--has been
I""'"'" pE IN" nov hgh' over
81 S""'"ri'E r.sh's II
XIII" 'e 'phs HraWn-"r'
"e "''"ss''h hh'k
- "aS IN" cas-" .n Me-.
.a, ." '..' =" '.iih"n I'st rs
80. "'' h"'"f recovered their
'''E i'eH
.'" - 70 "A"'h"r
...,t, N"'N" N"'' or .*lhht!E
I' N" unions and which
"''i I" "a" men should
XIII. man mo
H., S"H' '"E
49,, "ho'n'f man
I'."''H "h.y Ave.
'''''r workman. -
N.+ m'r"in" aud
~ ~" next man
seniority a'>p
VINO mas h""H
m,,' '-'-'''- say twenty years.
- ''''1'"h'" AK retirement,
N"''h - per cent % tho pay for
iws",y years
But there IS question as -
"hetAer the seniority rnle. after hav-
ms peen estaol!shed. should b"
proKen Up this time. when the man
ayers themselves ar" no, hlam.lcr4
IN bringing on tn" strike. They al
mitted that when 'h"v agreed :,
stop contract work TAn-. fs ~.
much doubt hu, tina, tho ra,.r.~,
a-s doing .ho,- hcs, 20 s..,',
[cIa,m. 70 h-.,L 49,, .5
would ne nil r,yi. ~ a., ~ ,,,'
rand n.,ar.,.
.hayo ,r,,,,,,.,. 80 '''.
IN u,,o,, '''''SP'"
'o'h Arrives.
I"e amount or Ea.-1N,o Don
rom IHhHoN
an money npene! toda? AZ pc.
cent ana ruled az shat -atc with
t'mn money easter. Loans UP to
|siI'r DAYS were placed a, 3a-+ n.r
cent. With eight" DAYS A. 27-s a-t
FIX months money n, tl-; 20 49,
with four and fv. months a. ~
az
Kansas |l,y Southern g Tho 49,.
railroad Dukifgb
|Gross o.: slInl non "a 6Cu, nnSo
with nc, ouera.'np income ~ az, onn
down 10000 For rnc a., ,ror,I,
|gross o. sg.5lO.0CO Is on g. s,5o oo
with ne- ~ 81 so3 hoO 5o,,., ,,oo nno
General Motors is .ynoc,od 20 ~
2iish It's earnings tornorrow to- ,ho
(nrst half o. this vesr I.rou -,
1,!on Of heavy bank lonns and
Bs;ow Inventories Tho connar,.
worked around 70 a noin, u.bo :,
shas paid on ALI Of its hank loans has
IS. OO0. COO actual cash and vo,ri,',,
capital Of $4,000 600 The srr,rms
Lfor dividends for tho hair y.ar ON
show slightly under 81, nm ono ~
substantially 81 for ,bn s,,,< ~
The last sir months of mis- vn,r mo
company. having maid off ,,s Nav,
bank loans will not nav. IN. s,,,o
8heavy interest charge ahead ~ divi
3iends as was the case for in, ers,