Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-10-06
NEW YORK MARKET
-. a. The Days Dealings In All
fsasu' the Leading Stocks

- the 1oAOtUS 0sSSS
v.rr oct. So (AP) - With
Now iss gain running around two
total 81, shares. today's stock market
millon considerable confusion In
diecloes snvement. Heavy calling OF
price .nnarent rectification of the
loan. ~ =, reserye shown in last Sat-
oe eSsv's clearing house statement IN
gr ,csd the heavy nquloatlon OF
o sncrs throughout the session. Inc
s sscIine in the general hst was KEPT
ass check by the brisk accumulatio
~ .necial issues. particularly In tne
~ SaoS merchandising ana rupoer
groups. s...., steel common ap-
..sred to be under pressure IN the
pa s,v mart of the session, selling down
esi iso "A but it later rallied to
:, 10 Ia and then eased to l22 Tor
ixrbt fractional gain on the day.
sas,s Of the smaller independents
S Su IN good demand, Ludlum cross
We A for 4 gain Of over 3 points ana
Tss,tsd Alloy rising nearly 2 points
higher at 20 IA.
,umber Of high priced specialties,
num- n,.sh Motors went up 80 points 10
1sa the highest price ever recorded
md sv then dropped back to 4so, buy
;nc heing influenced by rumors or an
. naylv split up Of the stock. Recapi-
t s finn rumors also accounted for
i,mn OF nearly Is points in Wool
WITH To 1873 Sd, a new high for tho
mrssent stock. Foundation Company
was lid up 4 SIS points to new
was for all time at 146 rs In
n,n.;cination Of heavily increased
earnings through recent foreign con-
New New York Shipbuilding which will
.hnrt,v be known as Brown Boveri.
showed an extreme gain Of nearly 3
noints at n, a new peak and then
slinned back to "A on realizing.
american International, large
holder Of New York Shipbuilding
sick. touched,a new top at AZ IL and
then eased to Al Is.
packing company shares contin-
ned to reflect the improvement IN
that industry. Armour A was taken
In large blocks, closing ga higher
: et ~ IA. Cudahy selling ex-dividend
3 showed fractional Improvement.
Coca Cola closed S points higher at
14s and Austin Nichols, Booth Fish
cries first preferred, National Dairy
Products and Postum Cereal were in
demand.
Il. S. Rubber was run up nearly s
noints to ~ 1-S at the expense of en-
oyercrowded short interest and
Goodrich closed nearly 3 points
higher at 70 IL. Other outstanding
strong spots included Brown Shoe,
Coty, inc, Dodge Brothers A, Fair
3 banks Morse, S. S. Kresge, May De-
partment Stores. and Sears Roebuck,
! all I'D about Q to 10 points.
Sharp declines took place in some
recent industrial favorites. General
Motors broke over six points to 300,
Chrysler fell back to 1S2 and Dupont,
Fleischmann, International Paper.
Mack Trucks, New York Gamers,
Pierce-Arrow preferred. Union Bag
and Paper and Ward Baking A. and
B lost to nearly I points.
In the rails new 1925 highs were
established by Bangor & Aroostook
and Big Four"
Call money opened at s. percent
and then advanced to Ia, closing
at the top. Time money and COM
mercial paper rates were unchanged.
Chief interest in the foreign ex-
chanee marSet centered IN the prisk
cemsno LOT oraxiIan mlireis wnIcn
vasnsu ne "sgn Ieco.u Avr tne
sar - 49,. e. ,o,u wen a.ones
W.1.ps , aova. ~ po ,S 70 i .vooI enu
.rou.1 a. oee 1880 ~ t poS iT~ WI
49, sssssi ,sS r ss s na
.+Hse 700 anu e''en
ntha. r,,~o,. .+.. or.a NTH
q o rasror, vpa 1870 ,;,n;t.
1.n.sst,,a hv snats.s .+;ran;r. =,
uonsv 49,. !" az Nh 1890 NJ -
sauted : . n;.,, i , uunu .nn pr
sncs nth easn. 90 Lee. ~,
svsr;v xs,.;asS
Ths s.rarsI s;..,,.;n,.n. &, ~.
6narc,sf S;s+r,s. 80 a ppu ~ .t..;,.
Frsreh Ashs sstt,. 49, ,n naHeo.aS
n Smrth.r SssI;rs. - Eran.h 49,.
to6sy E,srch rar,,t,,c 80 -. ia
= ~ roi,t.' oDAS e -
NJ tbs ,r.d;ra,n tSa so;,. ne arnn,,
r,.-;s. ryr-S - - I