Evening star., 1925-07-20
WALL STREET LIST
. STRONG At FINISH
Mail Order, Tobacco, Motor
and Rubber Shares Are
Very Active.
BY STUART p. WEST.
Special Dispatch to. The Star.

l special DISpdtCp ~ 4Ho SNal
NEW YORK, July 2o.-Today's S
stock market was q typical Monday
s5narllet after d week in which the gem
:Stl'M tendency had been upward. There
FsNvas a lot Of realizing mixed up with
/. fresh buying, and the net result was
. a very confused price movement. The
y impression given was that 1t was mere
3,ly a partial check in a situation where
. operations for The rise still held the
. upper hand
Sugar Shares Strong.
S In view of the very low prices for
T., the sugar products the strength of
I American Sugar and Great Western
. Sugar was one of the noteworthy in
!, vidents American Sugar went up
/, more than points, and so did Great
. Western Sugar. Three shares of the
Cuban producing companies were not
helped much. because the advantage
under the present conditions lies with
The stocks of sugar comnanles which
can buy their raw material very
Cehaply and thereby offset the low
, prices for the refined sugar.
United States Steel early in the day
sold close to 120. \ large supply
twas encountered around this figure,
and the stock substantially sold off.
a block of 1000 shares of Sloss-Shef-
1ield sold at par at the opening, as
against Saturdays close OF 9IA
Later the stock reacted. Other steel
Shares were not inclined TO do much.
Many New High Records.
4, There were many new high records
FOR the year. Among these were
ykAmerican Safety Razor, Pure Oil s
!Fper cent preferred Consolidated Gas
tiof New York, Montgomery Ward,
IlSears Roebuck, which was up nearly
iI6 points; Mack Trucks, Fairbanks
}iNIorse and American Tobacco, both
.ClaSSeS of common stock; American
tSteeI Foundries, Phillips Norris, Ha-
I ,vana Electric, which was up nearly 1
iipoints; International Agriculture
i;ChemiCal. American Can, American
!SWater Works 6 per cent preferred,
. american Agriculture Chemical pre-
,'ferred. National Distillers preferred,
siGeneral Railway Signal, Burroughs
isAddinE Machine up over ! points. In
International Shoe, Mcintyre Mining,
; marlin Rockwell, Reynolds Tobacco b
: land Hayes Wheel. Among the rails
.,the new highs were made i'll Southern
: Railway and st. Louis San Francisco.
!: Railroad Shares Dropped.
ss Railway stocks were taken up for
ia half hour or SO and then dropped
l.During the brief buying movement
quite a show of strength was made
in Reading. which was eX-dividend
and rose Il. points; Lehigh Valley,
(which was up a point; Atchison, over
Ia point; Union Pacific, New York
Central and the shares of the South
,ern roads. Some observers thought
That the rails were being bought with
the idea of covering up selling in the
industrials and public utility issues,
which had been the features last
week.
Market Strong at Close.
3 High-priced industrial shares came
to the front in the late afternoon,
among them Mack Trucks, Sears Roe
buck, International Harvester and
Postum Cereal. American Tobacco
made a new high. These were spec
uative movements which were inter.
esting, showing that the main i'm
petus was still definitely on the side
Of advancing prices.