Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-20
NEW YORK MARKET
=. AZ the Day's Dealings In All
ne Leading Stocks

-.an Al the U&y0 0OaNUOo III Stt
ths Leading Stocks
vnrk. June 19.-(AP)-Spec-
ar the advance regained conS
y ~ price movement in today's
market. As the session pro-
chief speculative interest
sro,sn 10 group with the motors,
si,d sugars. ! Northwestern
M oils all enjoying at least
stsrv favor Of professional
Trading was again in large
~ the days sales running over
~ e-half million shares.
u Snncement OF the Teapot Dome
esE h the last hour Of trading
~ forth q deluge Of buying or
a = the oil shares. Sinclair was
1. ann al rs to "a 3-S and then
20 "a is, where 1t was l "a
4 .tha day on total sales Of about
4 m shares. The Pan American
pacific Standard Oil Of CAL
Houston and Marland alao
4 1 point or two higher.
S.sstic sugar producing shares
m In further reflection OF the
~ Sscision Of President Coolidge
= alter the existing tariff on the
Sroduct. Great Western sugar
n iii to . new top pand then
u "a ITO rs. up ! 3-S on the day,
American Beet Sugar moved
! point to within a fraction Of
year's high.
tsnrth Of northwestern rails was
I;Aufed In some quarters to fore
4 : large crop movement this
ma the expectation of higher
"A rates, and in others to the
4 Il Senator LaFollette, who was
rded In Wall Street as one Of the
E~rsst advocates of government
min in the country. Chicago
northwestern Chicago Great
~ preferred and Union Pacific
advanced two points or more,
several others advanced a point
Special strength of Pennsyl-
which ordinarily moves within
4 narrow limits. was based on
n that the Loree interests
A toin with Pennsylvania in re-
n the plans Of the Baltimore and
FOR securing control Of Read
Iyiyxl Of activity and strangth In
N Motors which Jumped to "A 1-2
zen slipped back to 73 for 8 net
q . "a, was ascribed to mer-
feoorts. Maxwell Motors B GER
ne also were in demand. Pierce
N issues lost ground on profit
y. +.
m took place in a number Of
hliiee with the principle inter-
i American Safety Razor, Du-
famous Players, May Depart
stores. Montana Power, Postum
n q. 8. Cast Iron Pipe and yell
CD. Nash Motors jumped 20
n a q few sales, but the COM
~ Solvent issues were weak.
N money continued to rule at
poeeent, which rate has remain
mchanged since June 10. Time
" and commercial paper rates
fledy.
MINK tendencies characterized
: l@oign exchange market. De-
\ sterling held firm above
II and French francs were
nv higher at Ats 1-2 cents.
hllan lire recovered about s points
IN cents. Other changes were
b. " nominal.
; NJ rally in oil securities follow
: announcement Of the Sinclair
nrin the Teapot Oil reserve liti-
"A rave new life TO the bond
~ today and brought about a
nj upturp In prices. Until the
! NJ Dome decision was an
1csd In the last half hour Of
6s strength Of U. 8. Government
y bad been the outstanding fea-
purt Of almost I'VE points in
hif Consolidated es. which car
Apck purchase warrants, over
: leutd I'll other developments In
y hte dealings. Other Sinclair is
: Joined in the upswing, with
" and Pan American liens Jump
: one to two points at the same
YEA BY further reduction an
1ted In the government debt, four
- liberty and treasury bonds
q through their previous high
~ Buying Of the liberty Is
was particularly active.
Pavement in the copper and
\ 1hares, based on favorable
developments, brought corre-
llng gains In the bonds Of these
miles and impaired . firm tone
y Industrial section Of the list.
y and Company liens moved up
Points or more on reports that
NV lifting Of the receivership
= prospect.
afuad issues made q better
IS today. with bonds Of the
Ne!tsrn carriers following the
g u these stocks. st. Paul.
western and Northern Pacific
as were among the most con-
sus strong spots.
ming Of 4 t15.ooo,ooo City Of
nan u expected next week.
y BOND sales (par value) 311..