Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-01-24
MARKET RECEIVERS after
LAST Weeks DULLNESS
Stocks Open Low, but Prices
Trend Upward Until
Close.
Steel SHARES ARE IRREGULAR
Government Report shows Produr-
ton of Soft Coat for Week Ending
January 10 Was S.2US 600, Which IN
Largest Since November.
srEE. SHARES AnE IRREGULAR
Ky II. l.. IInrnuIII.


NEW YORK. Jan. 23.-I.ower prices
We're Witnessed during the first forty
Two minutes today. hut after that the
Price trend Was upward. However.
tradint; was very light. The best
Judges were Of the belief that the
70. market acted very wGii today. After
ia" fireworks at the close OF last
week. following ten days OF riEins
prices. II would not have been sur
IrisInS IL q decline had occurred to-
day. There Was an effort made by
professional traders II put prices
down. lut the failure OF their ef-
forts seems to warrant the conclusion
tina, the market Is headed for Il
double top" American Wooden. Corn
Products. American Can and Amer
tuday'd recovery.
Foreign orders Taken.
baldwin lr going 10 announce this
week. according 10 Wall street ru-
in"rS, that some Very good orders
nay" Just been taken abroad. And II
WAS stated. too that payment 10 not
f"ins 10 be taken in beads"
CUR states Steel Jumped about to-
day. first up ANA then down. with II
fun points difference frequently
showing on the tape between sales.
secretary. Hoover made the am
nowncemcnt tvaay that there would
be no cut r. freight rates on coal "A;
Icast before April /. Ills object in
making. this statement WAS TO get the
ih1foti ana industrial COfnpa rlcs to
stock up with fuel ia "A safeguard
hgainsi "a strike which now seems
possible.
Zig Coal Production.
evidently come people did not wal;
Tor TINS warning from Hoover. To-
days Goy.rnmcnt report shows that
production OF SOFT coal for the week
'nhsnG January II was SECS 600 tons.
November.
Wall street was greatly Interested
~ thc REMARKS maho by President
i"r"nc" at Washington to devise
ltHht t"r Helii!ng and cucouTag
the farmer. MIR. Harding warns the
country that agriculture mus; be INT
Cd from chaotic depths o! Imminent
disaster and placed firmly on "a thirty
ms taEls by government aid II in
oHHi5y IS 10 survive. lie MAKES some
t1GH FHEE"stions and then rightly
adds that IA" farmer must do some
ihius 10 AID himself.
american WOODEN opening it's fall
IN" ~ goods today reports satlsfac-
tp'' business.
h"rl Schnnner & Marx had fair
is good year last year desplt. tho
'ict that everybody seemed TO IL.
in"NinS Their old clothes do, and at
ih' sam" time were taking Losses in
el''"i"fE ieadJusimruts. For tho
'"''N" iuNrihN ended November 40
pr '"it p"hy armed 10. Ser cent on
'nlNHyn s'ock against il.s7 FOR
~" e"dlng !iscil year.
Increase Empio,
fpi't mn" principal Wooden Mills
UNCONSCIOUS tn" country increased EN-
F'"ym "ni during 1921 by 1888 per
,'h' according to tOdays Bureau @.
labor Departments
IWdHys detailed Statement, OF nur
ipI"tEn trade FOR tho month OF De-
'rmb"r explains why foreign .x
'nAngc has been advancing. and 8,
i,!s" rr'di"s wonder az to why viii
'"' sever" falling on In exports our
hnm"ttic business held M as well a
"ll- Ihl- past month our shin.
lN'A'N 81 crude matcriala for use in
'lhEnIa' turing were down to 1890
wv IN round nGnihcrs against SlssS
rH' 'nN the same period Of 1920: crude
I'nIh'HNS We're only 52s737 600
AKA nSi i9i.s2:.Oo0. foodsturfs partly
or "n"!ly manufactured 33s2sl 900
"EhlHht Sss.G0U.00O; manufactures
Tor uSe in manufacturing. Sa5l,5 600
against SIU.74s,0OO: 'Aianufacturcs
r"ad% FOR consumption. $3.50. oOo
nahiust S3U6, 1870. COG. These Win
smaller Items, made total exports
S-pn,a95.9uo. against {720..s6. oU0' IN.
decline ia pnrt being due. Of course
70 price declines In imports. which
We're S2"',"'a.OUO. against 12SC.OS7SOO
mere was q dccrease in all OF tho
I"FtS"!hg Items except crude ma
I"r:aiS Tor use In misunderstanding
which was ssi.0l5.o00 this Decemh.r
against Sos, 36l 900 for the sans
month OF 1920.