Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-05-07
NEW YORK MARKET
A....s a. The Days Dealings in All
~" ths Leading Stocks

- York, May with total
~ 49, crossing the two million share
today for the first time since
~. s.,Sdle Of March( stock prices
y rcsd for the nth consecutive
1890 Buying orders were dis
1890 throughout the list. but were
usl.s.cuisrly effective In the public
.sIIisss. rails AID motors and spec
49, 49,. news were mixed In eharac-
srhs weekly steel trade reviews
"a IN disclose much improvement
nu ss.t industry although the steel
held relatively firm. u. s.
esoc common closed fractionally
~. a ii6 SIS after selling above
1 asuIogle Steel closed ! LA
i y. .... Hirhef 1t Is 1.3.
csso,lne price reductions IN New
+ 80 City and a few other eastern
S1ssiHpeiities had restraining Ell
2 49, n trading In the oil group,
NsssS shCwed mixed changer. Cross
4 yns ssrsr sc the Pan-American Fet-
e s.., snd Transport Co.. for the
Iossss cnr months Of the year, made
4 y I.ss,s fodey. exceed $S7.000.0o0. or
s.s souai to the gross earnings
s - - ART seven months Of 1894.
i ~ ssins of the rails was stimulate
~ The publication Of statistics
$ esssssaS frat car loadings for the
.assS sSded April 45, had established
~ hirh record for the year and
80 II 900 cars above the week be-
i ~ further accumulation Of st.
J ysS',is. gan Francisco common sent
) "a sfock up more than points to
\ ~. nm record at 81. New peak
80. 40 were established by Gulf,
!. fshile & Northern. Colorado and
Z sSsithern. second preferred. and Sea-
Nd Air Line common. and pre-
Ssthsr strong spots included Lee
= NM Valley, Missouri Pacific pre-
ssTsd. Texas & Pacific. Wabash
{ scmrdcu. Ann Arbor common. Chica-
8 q Eastern, Illinois preferred,
pere Marquette and Pittsburgh and
Y Wsst virginia, all of which showed
NJ saius Of IL points or more.
navy sailing Of Union Pacific just
haf0re the close sent the stock
lam fYem 1S9 6.8 to 1856 Ia, clos.
ine slifhtly above the bottom for q
ist les Of more than one point on
I 10 day.
] utah securities was again the sem
ntionaI feature In the public uttl-
NJ group, soaring moro than -
Y poinn to record top at 121 LIZ, or
neetly three times the years low
nice established In February. Fed
"a Light & Traction scared more
shan 10 points to q new top at
los and then fell back to 162 IL on
pfont taking. Among the other is
sues 10 that group to break through
their yreyiohs high levels were .vir-
sinia Hallway & Power. Consolidated
Gas Brooklyn Union Gas, American
4ti1hCie, Montana Power. North
f6aieAh. Electric Power certificates,
\ CoIumbtA Gas and AL America Ca
a Sudaen burst Of activity in the
Wfl1ys-O Overland issues sent the com.
i men DIP more than points to a new
( hikh record OF Is 6-S on total tram
!. sactiona Of about 100000 shares.
Maxwell A advanced / SIS points
but the B fell back 1-2. The ac-
cs5sory issues displayed q strong
trA4 SDiser touching q new high ut
4 and American Bosch MaRueto.
Stswart.Warne and StromberS Car
burstor closing point or more high
e.
4 American Can was the outstanding
!. stpng epot among the industrials.
= Scafing & points to q record high for
al time at 1888. U. 8. Cast Iron Pipe
jumped LIZ points to $50 Ia on
reports Of an advance In pipe prices.
American Wooden preferred closed
Eearly 0vs points higher at IS after
:. touching the lowest price in 10 years
Y It IS IA,
The common established a new
10 low at "a 3-4 and then rallied
points.
call money held steady at 8 Sd
pr cent. Time money and COM
mereial paper rates were unchang-
) ed.
y Foreign exchanges ruled slightly
|, aGeF. Demand sterling was quoted
ju1t hnder $4.85 and French francs
|. round 6N 1-2 cents. Norwegian
I Kroner broke Is points to 1854
cent?
}; With the general average Of bond
!,