Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-08-16

NEW YORK MARKET
Features Of the Days Dealings in All
the Leading Stocks

~ York. Aug IA moderate adj
,- Ia prices took place in todays
..... market most OF yesterdays
hoing wiped out in short COW
q. rporations combined with some
~ from western points.
dustt.al issues were strengthened
y tNr breaking up of the soft coal
H.. .t ana tho bright outlook FOR peace
~ tnr anthracite fields. Rail shares
.,y.A carly lrmucss. indicating the
". .c.A1 rommunlty's belief that the
,.f..o crisis was waning. but the an
.l4,nmont that President Harding
Nae tO 60 before Congress on the rail
..t.ltiou caused some irregularity.
-frli shares showed cons siderable Inn
+t..rmcuL probably on the assump-
. that the settlement OF the coal
....c would benefit that industry more
No.. any other. L. :. Steel common
Vs.. .up point. Lackawanna X. Re-
,...r "a and other independent
.trs ln sympathy. The individual
I. ,ilfc u his group was Crucible,
T. b eonrcd %, points on reports
t. dividends would be resumed
riau Pacific. which was up nearly
.ou points 70 n new high for the year.
l1 which were Chesapeake d
...u sew York Central Chicago a.
..r.rN storm. Norfolk a. Western and
NV orleans. Texas a Mexico, all of
NMNAnffI fNF W lNO DtiHhN.
.yrral rnrc now highs were re-
corded during the days trading. not.
Xiv Famous Players, international
rar~r Pittsburg coal and L. :. Realty.
uIyIglu Petroleum moved within COM
,o1t.,,iv narrow limits today. clos
al = not gain ~ z. Baldwin and
send, baker tho other speculative Ia
,,i.. also moved 10 higher ground.
rtlI salcs were $50, 600 shares.
Tnr rgl money market was easy.
,rerInE and renewing NJ - per cent.
t,I tIrrre declining to 2. where ~
s#I Sn'nc what more activity was
t.i lo me tNmr money market. but
.., Yatte wore virtually unchanged.
o. .prfa ~ heavy selling in Euro
49,, ..nflt4 caused ~actionary trend
K. ,.- carjy dealings In foreign ex-
,f, ~ against sos Yesterday. but
ygf,1 10 sos before the market
...A gud were quoted az high as
$50 ptsr German marks wore down
y. ~ f.t rru' nm cNtr"m" low leNeI'
n ur the announcement or the
...... cabinet that II could not pay
,..u az .N1 600 of tho $40 000 600
..f.d hF France this month as
.... 49,. .ll account OF debts to Allied
Yu.to exchange was virtually NJ
r...- canadian dollar being quoted
- a.. .,.tL c.rts. Cessation of coal
.... from i-o United states is he
o.. t1to brru u contributing fac
fs Increasingly lower discount
.. .l4t fry DAYS. Czecho-S kan
.. .,rES wore quoted at 2.9o. 2
... ..rIt record Foreign exchange
rr t,ror' mat spectators in in
,u,t.ur0l ourrrncios have OF late
f....rE 'h,tr attention TO 'zocho-
-.....au ana Eoumnnian romittancos.
.....r n part for tho increase in
is.I pnangos prevailed in the bond
l..-.f railroad mortgages hardening
.mr.tIy with the upward move
.t do .tncks. and Liberty issues
&C.,. ...T = bIt IN renewed activity Tor
.s Station in Congress.
..r.,' and public utilitN issues
v. .fDd several strong spots. Dc
'... EDISON g. pushed M li points
.. r ~ ~ point htinR Registered
a., nrIdn lpdus trial 5s and racine
,l-t 1.I,rtric SO.
rNu .A- responded 10 tho sharp
a French exchange hV drop
b. H,,v - inr tho first time huf
,. r..pNrrsd quickly. French IS were
.. r.i Belgian NS rose 4. Japah' So
vl.th featured the adNaue"
fdl.. sold ~ TODAY on realizing
..t rho first 49, dropping II points
u.' t.. SECOND IT, losing !.
.u,N NOW Offering OF any n"tN
l.. 1850. 400 Iesi" az - n"r cent.
y. nnptuNcnlcut bonds Of Atlantic
Sow Ier~,t. Winch were sofa
"A "a g. pr t'Nt.