Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-06-14
NEW YORK MARKET
Features Of the Days Dealings in Al
the Leading Stocks

<ev York. June 13.-Bull!sh dem
onstrations in several high priced
industrial zpeciaIties and further ac-
ctYnuiation Of the railroad shares
- Of which established new high
prices Tor the year. were the out
standing Developments in today'i
acftec and irregular stock market
Oils. stccis and coppers yielded 70
se!ling pressure. but the net losses
in most 81 the active issues were
held 10 fractions.
General Electric war the outStand-
ing indis dual feature. being run VI
more than seven points 10 go "a
despite OHi~la! denisl= OF rumors
That the company would split up itS
stock and increase the dividend pay
g0cntg. kFcsse Jumped ID points u
10 on two transactions and Wool
worth climbed g IL points TO 81, a
rev foF. on reports OF large current
ca-u!rEe.
FRIDAY tie thirteenth. also failed
~ daflpcn huliigh enthGsiasm in
uthcr sections of the industrial list.
Consolidated Gaz moving up more
Than tWO points 30 new peak price
of ~ -. aud gains Of IL points
Or mare beng recorded by United
@,atf4 Cast Iron Pipe. Colorado
Furf AtIg.rhalmcrs. Fisher Body,
LION rtpduria. &cw York Air Brake.
IL uosta Tobaeoo i4aGcs ana Savage
Arm.
arua@ - the oil shares followed
.tiffuIatiou al u1conhrmHd rnmora
thar another clt In Ald-Continent
crude vas uIeiy. Atlantic Refining
dropped I points 70 9H new mini
faum price Tor the year, and then
rallied 10 100 81 Standard oil OF
California aud California Petroleum
droppcd about a point each, the lat
ter 10 rcW low. and several others
iu that group showed minor recess
sionE.
Establishment Of new peak prices
h., thr Rock Island issues. the com
mon selling more than two points
higher nj Il 81. was one Of the out
standing incidents IN the trading In
the railroad shares. Net gains OF
arrro imutaly two points or more
also were recorded in Lacks wanna.
Creut northern preferred. Norfolk
md Western. northern raCiic. lie
hgh NaIlrr rights and Chicago and
Elatoru Illinois preferred.
e. r. steel common closed un-
changed ~ - IS and the other SO
catl.d pivotal stocks showed only
uomtaal changes. International IA
Per turned ioationary on reduc-
ton III ucws9rint prices by Canadian
-, .,.,,. .,..,,,,,ood - ,,,lo -,
% IN 49,. 'tucy avc,,or-a
although outside loans were re-
rotted below this figure. Little In
forest L. being display Cd In the time
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t'a l,''S W w q w - ~ =
an ~ 81 ~ W. 49, ,,,.n,s5 ,o,,
',!i ,,.S' .''',S N', alt' ','
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