New Britain herald., 1923-12-26
WALL STREET STOCK
 EXCHANGE REPORTS

Wall street opening-Resumrion of business after the Christmas holiday was attended by higher prices at the opening of today's stock market, but gains generally were confined to mod crate fractions except in few in- stances, notably Woolworth, which moved up F. American Can, Dawson Chemical and Marland Oil which gained a point each.
 Heavy offerings of Middle States Oil came out in the subsequent deal ings, driving it down two points willy-Oyerland preferred also fell similar extent and Union Pacific and Allied Chemical lost point each, but the market otherwise swept resolutely upward, with half dozen leading shares soaring to new high figures for the year.
 Gains of a point or more were reg istered by wide variety Of indus trials and specialities with Woolwort h climbing 3ts and National Lead, oA- vison Chemical. Jewell Tea preferred and Corn products 4 to 2ia. For eirn exchange rates opened irregular ", I
 low at 5.01 cents.
 New high records were estaplshed during the morning by dozen issues including National lead. which Jump cd 41-e points: corn products, Cuba cane sugar preferred. Pacific oil, as- sociated oil, Woolworth and l. .S. cast iron nine preferred. Other strong spots included Wilson packing prefer red, American hide and leather pre- ferred. Chandler motors. Fisher body and Houston oil. Trading in the rails was somewhat irregular and quiet strength Of Reading St. Paul and big four being offset by the selling Of 800 Union Pacific, Norfolk X Western ana Chesapeake X Ohio preferred, Can money opened at 4 S-4 per cent.
 Wall street, ?. m.-Buyins or special issues notably the steeis, Du- Pont. Pacific Oil and [, s. Industrial Alcohol kept prices in the main tend ing upward although some of the earlier strong features fell back sharply on proitztaking. Public ltll' itv shares were in demand.
 The closing was firm. Profit taking | became more general in the late aft ernoon when call money was marked | up to 5A per cent but number or si oeks continued in brisk demand, | Corn Products. r. s. Alcohol. Brook | lyn- Manhattan Transit preferred and | pure oil extending their early gains | to 2is points or more. Encouraged | by favorable trade news. including | another increase in the price of Penn 1 syivania Crude Oil traders on Lle | long side of the market resumed tlNir | operations with increased Nigor in to- days active market Acute weakness of French francs and higher money | rates induced some realizing but fail cd to halt the upward trend. Sales approximated i,t5A,o00 shares,
 New York. Dec. 96.-Today the curb market was called on to stand ] the abrupt collapse in the position Of the issues generally referred 10 as the Haskell Group. Trading was sus- pended in Southern States Oil, which sold Monday AS high as g 5-S. and Inc brokerage firm most active in the buying on that day announced it's sus- pension. Gulf States Oil, represent ing holdings of Island Oil, which !. closed Monday at 6Ts. dropped 10 l. United oil Products Ss ranged from S5 to GO on small amount of busi- ness. The troubles in this group, however. were without influence on he general market
 The petroleum issues were tn in- .reased demand, many making sub tantjal gains. Standard Oil Of 1ndi- ma and Standard oil of New York were dealt in on large scale and ach advanced about one point. Inn erisl Oil of Canada rose two points, nd a gain of 1 E points was made in Petroleum. Mutual Oil ioved up 10 i2 1-i, a new high for ,cent trading. 2 Delaware. Iackawanna and West : Tn Coal was the strongest of the in- ustrial group, selling at q new high ,cord following the announcement Of ,e declaration Of an extra dividend [ 5 per cent Ford Motor Of Canada ,o.ed a gain Of ! points over its st preceding sale and advances were Iade in several other motor issues. obacco products Exports was excep- onally weak, falling one point 10 3