Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-10-23
IAN YORK MARKET
], i. pays Dealings in Al
Essps' q. 3 II Leading Stocks

aha Days
Ealpf' *, x Il Loading Stocks
- 2a-(By the Asso-
I'D Press .rnlic participation char,
!,sus snd Sumption of the broad
.s,d,sd the men! rrsst in today's stock
ipfsrt N Ths susuar week "a n emu IL, The the
,.tif tnade MT offerings generally
sSsss n !. ,s,.u III and closing quo
gsn ". we're around Inc inn two
he days million shares: a total .,
I'd one n an stocks and rights
s5S sepaIs, asking it the broadest
s dss 81 record. The average ,oaiss Prise a1se
uarist, s y n, Industrial stocks aiso
". Fame ! new high level.
sSras', -, exception of a ., sharp arp
viii tn r'rereh francs to a new low
rsk ID ~ wear in apparent reflec-
I'D FOX t'ls sr.reh cabinet disapproV-
,sp Of the r norary agreement pro-
ia ihs y, 's'n American debt funding Ing
ned ~ -. aay's news. developments
riSiOn' ~ Y, "a favorable. Call money
s ,ss,s',vsd easy At Ia ,p pefd directors tors
ts weekly ',, York Federal Reserve G
4 he New ,sht no change in the L
s s.,,srs 'rpssdiseoat rate, ,.x rro.
s. ...ry Melons newest tax pro
ssrs.sIs; for a further down
ral prol s;en 81 the normal tax on
sa l,,ss had bullish efie fao 20, IN
rent V.nss tha, operations of the
shie l sinsss Steel Corporation had
ln'''s i % percent Of capae eng s a au
rsln y 4 8 pig iron prices ana spe taar
ysnN y ~ announcements by Re"
sslss .s.rterly report of the Beth.
Tpe S esss corporation showed net
thsn s y q ose.s5s in the three
income :. .asJ September 80 as COM
narl1s ., HISS s3,sss 100 in the previous
psae .. -, md slo..1s7 in the tn,ra
ss'r 81 sss4 Total earnings for
esr nine months Of 1925 were
y a.,, Nm to $3.50 per share :. on 10 'n lie
aals asa sss compared with sl.4s IN
Y s'u,e period Of 1924.
@ s' ~ Of the upward advance
Ssup y, shares met with a large
y ~ !, realizing sales although
tanls Z crossed Sc to a new 1925
", Ss, I'd Independent Oil and Gas a ;
lsa h, ~ ! n. net gain of 5 IL points at
sas@ stsel shares held relatively
3 ,,r;tsd states Steel common
nn s.s s s,srtionally higher at 1T e-e
ss s,viur sold 4 point above thar
~ ~. ,nd Cult States Steel anu
ls.a All ALLOW each showing net gains
Ivy w.. Nm than a point. Scloss Shef-
N \ Is SCARED six points to a new h'sh
ais ,...a
s..,, stocks took on a new lease
!, IVY ". under the leadership of Cen
y IS n woscrs which scored an extreme
3 s = 4 points at 100 1-2. MACK
1 81 4 showed a net gain OF 3 l.
,s ss and Hudson two. American
I'M advanced over a point 70
stsip small fraction of the years
hfh ~ ov.r Ave
ANN q a new high record Tor an
r.: -. 4 ssI "a. Underwood Type
q I which is expected to declare
!, MY ana dividend of 81, jumped over
4. s minis 10 a new peak price at
StI Union Jag and Paper scared
~, II. rciuts 10 IS and United States
5 nj s points to Al. both new
iii records. ,.,
fsbsr outstanding Industrial
isns suots we're American Brake
~ and Foundry, Byers Company,
mn Peabody. the Commercial
ISkeut issues. Dupont. General Ci-
III i)tis Elevator, Remington Type
A. md Weber Heilbrooner All
lsw hearty s points. In the ralis
Isr;her, Railway and Baltimore q
,6tb exceeded their previous top
pi0s for the year.
en- money held firm at 4 IA per-
.,eut a further stiffcning was noted
n Tine money rate, so to 80 day
Ifnds being quoted at ga to 5 per-
lt1t With six months loans on a nat
'srcsnt basis. Commercial paper
Irts we're unchanged. with IA
ipcunt the ruling rate for prime
tlzn1.
/ Trading continued to broaden In
sts bcnd market. which gave mani
llixadons of underlying strength,
sisRisn bonds lost ground on profit
lhkhy hit prices of domestic issues
registered improvement although
iaync was Of a more selective
diameter.
| rally In Mexican obligations.
lAsd on reports that modified debt
'sitements. had been submitted to
IN Gales administration for approv-
asss the most interesting feature
istfte days dealings.
S~JR threat Of war between Greece
'M Bulgaria. following the outbreak
lsating along the border. caused
fksrp reaction OF almost 8 points
6reek government Is. Realizing
SA brought recessions in the
aesnan issues. while French bonds
leseeitd uneasiness over the cabinet
Mns outnumbered losses among
corporation bonds, although no
,klag price changes were record
Y buyins activity was most pro-
aneec In New York Central As,
s.'a'Sso and Northwestern refundins
= PENNSYLVANIA s LIS. Erie prior
49, International Paper IS. Pan
e nv Petroleum SIS and Sinclair
y These advances We're offset
W.. " heayiness of Norfolk and
ps s.srn convertible SIS. Canadian
!, Is and Chesapeake and Ohio
ra ssslie efferings will be / made to-
ss. ,ev Of $4,000 900 United States
IN. ',n: end Refining Company TO-
~. l.. percent gold notes at a
49, ~ y w The underwriting syn
IN ~. esaqed by Lee, Higginson
e.