The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-04-13
REACTION DURING FINAL HOUR
AFTER BUOYANT STOCK TRADING
BuIlish Sentiment Stimulated
By Continued Commercial
Bcttermcnt - Coal Strike
Situation Only Pessmlstlc
Note.

%Aw Yc-k, April l3-RucyArc- neT'
describes tho toue of the stock marNet
during tVday's early and !nt"cmedia
SaG"-. the later dealings being cnar-
nc:er.red by considerable !rreEulart;y'
Sales q ABOUT 1.S5Q.00o shares eun't'
,uted 4 record TO- the current move
menc and the number of separate -
SUES traded IN probably established
precedent. .
Lover money rates.. cumulative indi-
cations Of Industrial and comme7<iTt
he,,crruent and higher quotations tor
such basic commodities a. The OILS pig
among tho devAopmenS which con-
tloueI 70 stimulate bGllish sentiment
and diminish tho short int-r~St
One ptscoruAnt Hoeo
Tho enc disoordanI or pesstrntsttc
no,o was sounded by the ccai strlXN
As likely TO become 4 factor Ia many
lines Of manufacture IN taH near
tuturo.
Ca shares wers dGli and ra!IS az =
the days buxlnesA Mexican OILS were
xoId 90 rupors OF Disagreement Dc
swnen that koverumen, ard Amer 'c+N'
interests resI rting export taxes ana
steady proni, taktrS detracted from inc
strength OF reading motors.
Gains OF one % almost hvo points
during tho forenoon we=e made largely
cHd"c the auspices OF equipments 90
nestle oils junior steel& lcathers. pa
p~r spe,iSt.eS ard shlpp!nSS tooaccoS
A.! ca1tr store issues. Noo.wcrth riS-
ing ~ 80 decline OF extra dividend.
TAA only sharp reversal OF ire SOS
SO. came jr the anal hour when Next
c.,n petrQ.euuG fc., almost Nv" points
s-rr is early best and caused other
Leaders 70 react one 10 three points
The one striking exception was Amer
car Locomotive which forged ste2di.y
ahead. closing At \ gain 81 FOUR points
Money Market Easy.
l<l:l loauS opened At ~ per cent. eut
the llSht demand AZ that rate caused 4
rrai.C. Ion 10 four per cent in the sec
oad hour More time funds were placed
a. - per cent for t1trtS ana SIX!
days. but longer dates held around ~
Eelrrs.ag yesterday's trend the Ger
man rate MAS the only exception 10
the h,che> registered ny majority OF
toGay'S foreign exchange quotations.
SttriirE demand bills were strong M
44I%. allied reu.ittances gained ;our
70 eight points and greater strength
was Shown hy Czecho- Slovak!an DIS
The Gr""E rate WAS unchanged. out
ral on the Unsettled conditions report
1.iesrty Bonds GO Up.
l'"Srt> issues we're me domt nan
ing in - bond uarket. practically All
% TIA; series notably N" Us rising
t. ~ Or better ~ Transactions when
tuvc.yed s.lsIe blocks OF $I0o0.0oo.
Trading in this entire group showed
gains and IN several instances closing
quotations were at the days highest
quotations.
Tu;i sales 90 al cas$es Of bonds
wer" $S9.jSS 600 par valU". and OF this
lrnuur' n" larc"s' e any day 80 far
.hi~ Yer almost thirty per cent was
contributed by Liberty and Victory IS
sG-S.
ST., r::h % foreign exchanges es-
pcc:p'l,. tAe British rate assorted 4
'>,"ra;l. :at,u"nc" upon United King
Goms and Dominion oC CSnda issues
In. poris-l.yo mediterranean Rail-
ways si1~S ~"c"nt,y r'oaicd here. also
r'ZcchN-S.n Na,,I,r rates and Cuban
Snutl Nmor't@,;. Mexican and Japan-
-" b"uGS wc-. r'nonG n" many inter
Nationals - SION marked strength
MoSr S,C~v lass ~ Go1icS' rails eS-
r,e-,,r.l',. .a.,n> .~,ih.r -HE"rdi0: and d.
r-r,>~. .~S':As. j.!0"L in the genera!
ftr"~-'l - ~. h"0d 'iss., many gain
I,.; ... ... '", POINTS AMI cen noT".
TDr.. '.- .''.. e rrtarin> five per
&C.,. :. '.r bond, "ft"-'-' by m
s.. .~... :..'N'"S =: nd.c;Ltc found I'M
u....-t. .:.'c.