Evening star., 1925-10-03
RECORD TRADING
IN STOCK MARKET
Busiest Saturday Session
Since August, 19O6-Some
Wild Advances Scored.
Special Dispatch TO The Star.

Special Dispatch to The Star.
NEW YORK. October 3.-Today
went down in Wall Street history as
one of the most active Saturdays on
record on the stock exchange. Trad
ing was exceptionally heavy, with the
volume Of sales the largest for a two
hour session since August II, 1906.
The movement Of prices was not
uniform. but it was featured by wild
fluctuations in one of the baking
stocks and by rapid changes in other
sections of the list.
Ward Baking b Active.
Ward Baking B was the star per-
former 1t had closed Friday at S+1a
and within few minutes this morning
shot forward II points. subsequently
IeCednG and going through a series
ri violent advances and declines. Ward
y stock also went higher. while on the
curb Exchange the demand for Con-
tincntal Baking was a feature. The
basis for the great activity in Ward
shares was, of course, the prospective
purchase of the General Baking Co.
at sos Il share.
Dodge Common Jumps.
Dodge Brothers common stock. RI
NalinG Ward Baking in speculative
interest. rose to the highest prices on
record, and was exceedingly active.
Other motor shares We're helped by
the strength in Dodge. The packing
company shareS-Armour A and
Cudahy-were bid up. and the agri
cultural chemical stocks, notably
american Agricultural Chemical COM
mon and preferred and Mathieson AL
kali. again reflected the likelihood of
better business in 1926 All three of
these stocks made new tops for the
year. Barnett Leather. advancing
more than points. was the leader in
its group. F'reeport. Texas, Interna-
ttonal Paper, F'leischmann, Woolworth
and Eaton Axle all made new highs.
Shipping Stock Strong.
The further advance in New York
Shiphuilding to much the best prices it
las sold so far in 1925 accompanied
the announcement that the company
vas to be recapitalized under the name
of the American Brown, Boverie Elec-
trio Corporation. Minority stockhold-
ers as well as the majority interest
will be given the opportunity to enter
the deal.
Texas Company and Marland led the
oils The latter was at a new high.
Market Closes Strong.
NJ w 1oIAfA. oClOD6I Nfj.-l lie
closing was strong. Broad buying of
the motor and popular industrial
shares added impetus to the forward
movement of stock prices today.
short covering, promoted by yester-
day s vigorous recovery, accounted
for sharp upturns in many issues,
While the general rise was accentu
ated by the usual crop of announce
mentS and rumorS regarding favorable
combines. earnings and larger divi-
Gend payments.
The growing belief that money rates
would remain comparatively stable
despite the enormous brokers' borrow
inss and widening demand for funds
for trade purposes created a feeling
of optimism in speculative quarters,
which encouraged a resumption of
pool operations.
Sales Exceed 1000, 900 Shares.
Dodge Brothers A spurted up to
new high record above 3S, with
the other motors following in its
wake. E,rratic fluctuations took place
in Ward Baking B. which mounted
II points to 9512. then declined
abruptly to So and subsequently
moved between these figures.
United States Steel barely held its
own on protit-taking. despite predic-
tions of an increase in untitled ton
mage at the end of September, and
American Can also was heavy. Sales
o~-caada5 / ono 600 shares