The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-08
lRRFG AR|TY AGAIN MARKS THE .
DFA[|NGs IN NEW YORK STOCKS

\c,v York. June 7.-Higher quotations.
Tor various speculative issues "''''''
ated BY pools or professional 'h'e' -.
and further irregularitY or he''
.mo,r shares OF recognized value te"'-
ured today's broad but i"conStuS'>-
session OF the stock exchange.
Apart from the lack OF public me- ,,
asts, Developments were mostly "'' rari
10 the markets constructive sue ,,,,
loans fell 10 last montas ioWeSN "a
totyons. supplies Of time funds Increase"
-. .or,msrcial naper was IN better de-
mand. ,,,.,r,,r
As an Indication Of better industrial
.orditions. still higher prices Wefe
ornted for finished products IN the C",o
.teel district and from West NTk .",T
came word OF the reopening o,
m,us after a year OF suspended oP''
atoms.
Copper Advancing
DsaIcrs rcported steady increase ="
the INQUIRY for copper at - cen,n
uly and August deliveries, ana au0'S -
al advances were announced III -
hase metals. In the oil trade prca.S
tiorx OF yet higher prices Tor CT
refined products were current
The major portion OF the ia! Lis
over In stocks encompasSeu .t,h a
motors, steels and minor '"''S,
IIhsra, admlxture of coppers. shipp'hes,
secondary equipments. cnemlcalS a"'
the usual miscellaneous issues
T,5i,Idual features of strength arnohk
,bssn shares included Cosden. Maxwell
~" and "B". Studebaker. wnicn lhre"
or Its' carly heayiness. LacKa"an"a'
MIavale and Republic steeis. Lima IL
non,otIve messed steel car, Chicaso """
Alton common and preferred anu - ~"
Control. Consolidated Gas. Montan"
power and Mackay Companies were
among the strong utilities.
Rscsdsd at the Close
7 c steel eased In the later ae''-
fnss- and Mexican Petroleum h'''O'
NV Of the domestic oils and nun'e.o uS
specialties closed at recessionS % I."
tions to a point Investment raHS
slusrish. ignoring better earnings
illustrated In the case or seao"a.e
Line where heavy dehclt IN - 30,
was replaced by large gam '"t
Sales amounted to 100000 shares,
.r-,5irr IN foreign exchange was light
"a tbs british rate forfeited part OF
T,s recent advance on profit taking Ger
80, marks we're better, although sun
considerably under their gain o, mS.
week Mixed changes were recor"eu =!
Allied remittances and similar
denotes were shown by neutraIs' HS,ue
fro mthe Dutch rate. which was Il. It's
maximum for the current movement
E1bsrdss to New Records
liberty issues were in the foretronS
NJ todav's dull bond market the TAX eN-
.mpt aus at l00.1+ and the nrst -"
AZ ,OO.lO establishing new max'mums
with moderate advances TOT maJo'''E
OF the entire group.
Mexican government issues continue"
70 react TO the delay attending ".o'
conferences here. but most or the Euro
Moan war flotations showed hrmneSS anu
occasional strength. 1t.
MANY Of the underlying domestic rails
were higher by large fractions I" az
most two points. that division again ne
ing chiefly represented by Peoria ana
Eastern. Toledo. st. Louis and western
Chicago and Alton and Aechlson issues.
1ndpstrials and utilities were inclined
N react. especially Cerro he Fasso
Fights Armour aus. Southern oe1i
Telenbone IS and several o. the Ioca!
,ractions Total sales (par raluel ag-
Eregated St$.S+5.eOo.
Easy absorption Of rew undertakings
testified 10 the strong tone or the IN
vaaYrent market Tho days new oUer-
-anes amounted 70 about S2O.O"V,""V.
these including a Consolidated Gas anG
Electric capital baltimore $lV,Oon.oV'
ak percent bond md the CITY OF Mon
teyideo SIS 900 600 seven percent loan:
liberty Arst ~ = later rose 20 lco.le'
, record quotation. and Southern racine
.oI,o,er,l - strengthened. Dtsteiiers'
e. broke II, points with further ir-
rex,larity in other active issues.