Daily Kennebec journal., 1925-07-15
NEW YORK MARKET
. ..,... al the Days Dealings in All
su the Leading Stocks

49, York. July 14-(AP)-Re-
Nsss,on Of pool activity in a num-
fnps 4 r,bbers motors. public utili-
y y md specialties impaired a
tone to today's stock market,
pas, Of 1 to S points being re-
"a throughout the list at the
@ Trading was in slightly larg-
rclurne, the days sales running
8, one million shares.
y rr,de news was largely construc-
y Y ;n t character. 1t included publi-
.on of statistics showing that car
n osno during the week of the
...rh ' were the largest of any cor
NJ ssoOnding period on record, the an
y y 's,ncer,ent of an increase in gasoline
\ I.s.ss BY the Standard OIL Co., of In
@ @s.ss and reports that premiums
~ -. being paid on Oklahoma crude,
.Msninr copper and rubber prices.
" rsnorts Of large current earn
=. Nv several important Industrial
\ snpanies.
7. outstanding features of the ses-
~ hsing run up over five points to
si.l NJ the highest price in 2 years,
y bidding based on reports OF i'm
a.ssd earnings, and marked appre-
s;. e',;cn. in inventories through the
\ \ s..rt sharp advance in crude rubber
'sss.s The preferred touched a
,on at 108 1-2. Good buying al
/, y rss noted in the Fisk, Kelley
y ss-;nsheld, Goodyear and Goodrich
\ mare was little inquiry for the
h ..s,led pivotal industrials al
" .s,nsh they maintained strong un-
i s.rone. American Can moved up
!. IA points to 1856 3-4, Baldwin
y .Aesed small fractional gain at
4 y n ia and U. s. Steel common
: n ~ .s..d unchanged at lis IL after
! Myiug sold at 116.
J, nodre Brothers A responded to the
i01 ,rslication of the semi mi-annual earn
g ~ report showing net income at
~ AZ ~ ate Of nearly $3.50 a share. by
q s.rinr up 2 points to a new record
~ N 4 II. It subsequently cancelled
MI 81 It's gain on profit taking. The
v refered attained a new peak price
lal VA Timken Roller Bearing broke
Y ,srouth to q new maxamum at 45.
VI sairited bidding for Phoenix Hos
'r ~ which was bid UP 5 points to a
~ ~ pesk price at IL l-2 on reports
u enormous increase in earnings
ihe lAst few months over the cor
hs2 ,suodins period of last year. was
'rpl =. of-the outstanding features of
,eI a. snecialty list. Among the two
.a,,n or SO other industrial issues
attain new maximum quotations
MI M sears Roebuck, Woolworth,
4nI| emsraI Railway Signal, Underwood
3 rpexriter, Sterling Sears Roebuck.
i'll f1ms Bottle and Weston Electrical
"A instrument.
N Moth American assumed the lead
81 wIhlp Of the public utility group by
rOyinr up nearly points to a new
Nrh At IS on buying based on re-
N MI Of further expansion. Niagara
NJ ilIb power moved up 4 points to rs,
5sI INV top, on one. sale. A brisk in
9II bmhy for Montana Power sent that
y aek up over points to S6.
- NnEre rumors stimulated trading
y I he Wheeling and Lake Erie is
ns which again established new
rfh prices for the year. the prefer
IL ID Jumping 10 points to 45 and then
Y Y l,sng to 4s on profit taking. Net
" " nins Of point or two also were re-
U mriM by Chicago and Northwestern.
Delaware 6 Hudson, Denver. Rio
Itnnde and Western Pennsylvania,
Iac1wanna, Erie first preferred,
~ Missouri Pacific and a few others.
ou Call money opened at 4 IL per-
y cent but dropped to 4 when it be-
Z cane known that plenty of funds
n we're available at that figure in the
" outside market" Time money and
commercial paper rates held steady.
Strength of the Scandinavian ex-
changes featured the foreign ex-
change market. Danish kroner