The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-06-20
MEXICAN pete" BIC NOISE
IN STOCK MARKET SESSION

New York. June ls.-Aside from II
few speculative ravorites. " Ii us Z
strength was traceabie to technical con-
ditlons. trading in today's stock macke;
showed no material alteration from re-
cent unsettled moments. Dealings wern
the slightest of any full session IN
many weeks, scarcely totailing .i$5,OOV
shares
Further spectacular movements IN
Mexican oils were the outstanding iea-
lures. Mexican Petroleum. loaninB
first at premium OK l-S2 per cent ann
later at lis per cent. scored an addi-
t;onal extreme advance OF III, points
to the wears record OF l63R, CLOSING
at z net gain Of IAN points.
Fan American "A" and r. chareE'
General Asphalt. Standard OF OF can
fornia, California Petroleum. Pacific oi
and Houston OIL were 10 points up
az their hest, but "ased Suostant'a'F
under realizing.
steel. equipments. motors and snip
pings followed the same uncertain
course, gross advances OF to1l2 po,hNs
IN those issues suffering genera nm
Ipairnent In the last half OF the SESSION.
sf,inbaker, one OF tire days foremost
features retained only = sN'al' p''' "
iss three point rise.
rSor,naI notice by the railway brother
hoods or their purpose ~ issue striHe
rar1 with :ha support OF the coal mines
,ssu!ted In moderate reactions amoa'
demonstrations on vary small deaEnSs'
IN tina various miscellaneous groups I'M
lamentations showed reactions o. o's
~ ,hres points from the midday max
t-nun.
Although the last weeks report OF
the clearing house hanSS aiscioSeo t"s
wears nigh record sor actual 'ona' AM,
discounts, money on cali rsn'N'neo
easy.
ms initial rate OF par cent was law.
cred 70 ~ per cnt shortly a1'e I'm en-
and recent quotations tor sV "'N
dar loans were unaltered
steady reactions marked the oaS
fraaf,r IN foreign exchange. the Brlt'sh
rate falling almost five cents from .ast
saturdays final prize. French. lta'ian
and Belgian btl!s dropped Is. 10 ana
noirts respectively. The German rnaTn
annrox,meted $50 and declined among
nsutrars ran from % 20 points DEN
nnrk Norway. Sweden and Holland re-
mittances showing little support
Dealers IN axchanE" were at loss 20
explain the more acute weakness OIL IN
tArnaSonal currencies. save on 'n"
ground OF further uncertainty respesS
throughout Europe.
liberties at New York
new record price FOR liberty miro
aus at 1OOIo and the strength or sew
oral oil isues were the only construc-
tiva features OF todav's dull and Sener"
alrv lower bond market.
Among governmen: loans Me<lcan ~
sues were again most react'onarF' ,ne
Yours and two classes OF ives MAKING
net declines Of to "a points.
british offerings were not apprec'-
,bIv affected by the weakness or eN-
change but French munictpals. Danish
sivbts and Dominion OF Canada OF 1851
showed marked heaviness.
Tn, trend among rails was lawer' 81,
Paul convertloles AS. Illinois Contra.
Sours OF 1852 and underlying lsues o,
m. Erie. STAFFORD. Missouri. Kansas ano
Texas, Peoria and Eastern and "neet"
,np and Lake Erie roads recording
losses Of fractions TO almost points.
Msrland OH ms. the regular Us ana
warrant" SIS were better by 70
NOTES IN anticipation OF favorable &C
ton on the company's stock IN the near
future. Total sales (par valued aSgre-
~,SAs &fS S41 600.