Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-12-06

Days total sales $4,000 shares.
Iwcnty industrials averaged
90.0l: net loss 90.
High 1922. 10343; low 1859.
twenty railroads averaged
8Sf2o: net loss rs.
High 1929. 1899; low 73.42
tBy Associated Pressl
NEW YORK, Dee. 5.-TradinS In
days relatively dull stock market
ps largely Il professional affair,
psing quotations showing irregu-
changes with the losses outnum-
ring the gains.
professional sentiment was inclin-
to be bcnrIsh at the start althuug.
tfc was good buying OF Studebaker
expectation of the % per cent
pick dividend and maintenance Of
reg ular $40 rate. which was an
'unccd later In tho day. Stude-
kcr nuctuated within>a range of
arly 3 points closing at 1875 5-S.
ono and 'hrco quarters.
Heavy ceiling OF Create Northern
efcrred on unconflrmcd rumorv OF
cut In the dividend ratio spread
rahncss over tho entire rail list.
cat Northern preferred dropped
= pm 81 at the opening 10 IS. or 4
points below laAt nights close.
'sses OF TO IL points also tooh
icc in New YORK entrui. Canadian
Pile. 81. raui preferred. Chicago
Ia North Western, Delaware and
idson. Illinois Central. Union IA
dhc, Reading aud Louisville ana
= lshvillc.
strcIs Are Sluggish.
lndustrials ais" we're inclined to
=" of, but they stiffened consid-
ably on announcement OF tho
: udchakor dividends and the re.
mption OF payments by tho kenne-
tt Copper Company. which declared
quarterly dividend OF 10 cents
are. kcnnccott closed at "a rs up
a.
Stccls wore sluggish. United States
ci common closed fractiouaily
ghnr a- did Republic and Rcploslc.
Il, Bethlehem Is dropped / IL;
Oval" and Cruciblc rs. Except
Z r "a gain Of J.. in American Loco
ptir", equipments showed little
3ansc. Baldwin crosGIns III for a
Fight fractional gain.
sharp break OF nearly 5 points
! Peoples Gas, WAC attributed 10 the
uchinE on OF a large volume OF
tpp loss orders around 30. tho
3pck dipping 10 SIS 81 and then rail-
/ ing 10 ;. IL. where u Represented
net lora OF points other con-
gGous weak spots were American
nc and l.sail": Brown Shoe. Lori
4rd T"hbnrr". standard Milling and
o"lw"ith. all Of TO points. Some
4 tho strong sputc were cluctt Pea
3Jdy. Kelsey Wheel. Pittsburgh Coal
PId Remington Typewritcy hrst and
|.conh preferred, all UP to d l.2
on shares Fiuriuntr.
o. shares had spells OF strength
nd weakness closing prices r"ner-
Ily show not losses. California
4ctroleun, Standard Oh Of California
I'D Houston sold on IL 10 l-2I
a,ints. but Standard oil OF New Jcr-
~. Royal Dutch and tho Pan Amer
J. an issues Improved fractIonally.
! irgc STOCK dividends were anuounc-
I after the clos. OF the marie; by
'acuum oil aud Standard OIL OF
ansas. both listed on the Curb.
Strength OF sterling which climbed
| S4.J5. another new top. continued
he tho feature OF the foreign cx-
ango market. The impetus for tho
fyanco was given by largo buying
4 ders placed here. the higher rate
Hing interpreted abroad. as partly
Hie. To our dissatisfaction over the
bmestIc outlook. Other European
/ tics were Irregular. French. Rel
an aud swiss quotations. falling
10 points
Dutch Guilhcrs and Swedish Sronor
tt into new high ground at 39.7S
3id 260l cents, respectively.
4 CAL money Opened at five per cent
|id again advanced To . IL before
= close. Time money and CONNER
ai rates were unchanged with bust
- quiet,