Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-03-18
|DCE movement
more IRREGULAR
ohsap Money Supplied the Con-
structive Party With a
e Powerful Lever

New York. March 1S.-While price
s,ovsusnt wos mo-e ,rrc,,i,r today's
-ss'."" s..;...;..1 =.
cOAns STOCK market mn'nta'ned
aetions rcp,csentel the familiar week.
~ .,i 90 ,ho n,o.
4 ~, even"s up op.ru'iVm W.. W. az @ ,,.,
Nonam NIson consa,tu,ths aI anou' shar, m Ha nnw.
0syIsaor St promt t'tak,ns ANU snu, .;l w."
ns ma,n oo"! !,,... NJ" ,onn.ssiona ,"rs
kooa demand on sisnt 'on' "a ..
inu!catihg consideraoie So'ume -. w
%,sesynE pu!,ng orusrs; ,,. hsn .cEI. sh.,rin. .n
uss 3ulckiy toloweu M ueciines ;i, H'W".ms
tns nhe OF ieast resis,anye ~ was ~, s' . ,ha
counterea on the au'ahcins S,ue % y. i've
excnanse was suppo,t'nE '"". go.
wNn sttInns .u,anCk ~, ,rh;n,,
~Uove sesleronS MAJ euo."..'. T "a
orousnt tne rave up 10 % n,"re .n"a,aaS .,"m
ssnGs sUove tns ioT p,'.e ,,,es f.nr,
eHher IN ths week. Siin,.sr fa. E.a,nh
w Wets T iow w. nhu' Th ;ua,nanJant
~ ~, ~ ~itnnan shenhnse. ans ,..r. ,nusp. .n,onn
~ 49, snsle' anu tne eoppe,s ~ msrI hu. nNs ~
.nS norS p"na.nsh. ps ,aa. .tu,"f'' ou' 'A'
vs nEain showed nesl.t.. ,,,,
issues vi .t,Ns ~ kaa aa' ,n.,s,o, a.
es al ."s mssn ~ III, .nI ounI LII .hn rnn"
.os' . c.ner "o'n.iI oy'us vi a. .,aoP VI
I uaI ioIeis" iSsues her y. nI W. ,r.oro
81. sn'ns; 'r.n.n , "u INV n,,-rent
,w.,nuor, nm sn ard d'''irS Arser,ino nj ~" ga also
..os.n.. """ nni. C,,.-o, no.
h.ntmun I'i cS rh;coa, auh Eo.tcrn iii.
,,nIs ~ Chosnno"to ard Ohio ronver.
.;hi, a. II an,or,no, Smsl,inv ia
made fr.c,inmal odr"nres Moderate
roncess;nns wsrc reo,stered nv Reading
~ ond Amsricon Te,enS,nc 6s md
local tractions we-e irregular
In looking for n motive for the rc.
mariohIo nroornss cC Tho Constructive
movement IN the securitv markcts there
in M nec,l - seeL frrtSer than moner
conditions. with nm abundant supply
of cali money in thc so.cailcd oficial
market NJ z ner cent and with Offer
inss in fbc onts;Jc marker at 81, nor
ceCt thcro L. iit,jn nna.ih;Iitv ~ reac.
tiornrv nortv ;ntc-frr;n, r. any ,rca.
crtent u;,b Tho mans ~ those nlc,,ucd "a
FRA forward swing, The comfortable
money market conditions bowever ore
not alone confined TO America. neither
is rho s,eadv climbing ha rometer in
secnr;tr values To tSe contrarv 70.
,~r, .J,.cn, f,o,, hnth 7 nndor end
Psr;s wo,,ld ;ndicat. similar ranid
nroeress was heino made in tho read.
i,,st,nen, ~ accn,nnlis al m tb;. s;de
~ tbe w.ter A the TURNING ~ the
cornar was Nrst reacc,ed here i, the
ho.d ,nsrLot S;n;ior s;on svmntoms
are now nuite annarent in foreian in
vsStmsn,s
The rc,a,,t;on of rronav 10 of cou,se
. SecideJiv usef,i agent for tho onara. =.
fions NJ tbe nools and n,bcr snecniotive
,.ombinations thai have been Iar,eIv 70.
.ncn a;hle for Tho rccent unl;ft;nv of
ms.Ia, valves On tho nthar bsnJ
,rhsn tho Jailv ,ronsactions m the stnci,
srch.n croc, IN .hnva III. ,n;,Iion.
share mart i 10 almost ner,ain the
srec,,,ot;va fsv.r ;s eItendin. havond
,ks c;rc,mSnr;had r,pk. ~ tbs nrn.
fcs.;onal trodsps There may nor be
~. ,ot the viii .nocnIat;vn sn,hrs;o. en-,
"s ,he nnh,;c srnb os ,rort ,hs nrry
~ ,ha r,or nu' nc-,od hr, ,hero ;s mr,vss.
t;onah,w prnn",,nced w;Js,;no ~ tho
c,ts;Sc ;ntaros, nnd wh;rb accor,,ino
=" uro,.d.mt ,md Tho .nnais ~ Wal
St,sat 10 morn i;leIv o. s,in.nd tban
Iscree.a mnder th: st;mmi,s Of
,;s;roms r;.;ns uorhc,
En sreatsrs snrnnf NJ tho Stabilize q,
IN. maior ,nnrement wow IN nrnsress
..n,,,d ho ,;,.nr ,han n ,ho ro,,nuraha
;nS;Ns,sncs with wbi.h a Snors and NOR
~ Jis,nrbin~ events and e,nn,cnts have