Evening star., 1925-04-16
POOLS SEND PRICES
| UP IN AFTERNOON
Rail and Motor Shares Are
! leaders-"NiCkel Plate"
| in Sharp Advance.
BY STUART p. WEST.

Special Dispatch 10 The Star.
NEW YORK, April 16.-Today' $
session on the Stock Exchange was for
the most part another mixed affair.
Interest centered chiefly IN seVerai
speciality moves, while the buying in
the motor and in some of the rails
continued. The motor group was, IN
fact, the most consistently supported.
On the other hand, the oils, sugars
and metal shares were distinctly
heavy in response to unfavoraole
trade news Street sentiment was
good deal divided.
Market Opinion Divided.
The best judges were loath TO com.
nit themselves. so far as the general
market was concerned. They were
favorably disposed toward some
things; at the same time they were
Skeptical about others.
The further reduction in the cop
per metal to 13A cents pound
brought selling into Anaconda, Ken
necott and others of the copper shares.
Butte and Superior broke badly,
partly because of the latest figures
on unsold zinc supplies, which are
pretty poor, and partly in belated re
sponse to the annual report, which
showed a decrease of 1915 900 in total
revenue and a surplus equal to only
~ cents a share on the stock.
Motor Shares in Favor.
Motor shares were again in favor,
this time under the lead of Stude-
baker and the ys-Overlands.
There is to be a special meeting of
WHY'S Overland directors next Tues
day, at which it is rumored that the
question of paying something on pre-
ferred dividend accruals will be taken
up.
The buying movement in the au-
tomobile group spread into related
stocks. Fisk Rubber was taken In
large blocks above 13 and there was
quite a little activity in Ajax. Amer
lean Bosch Magnetic and Timken Rol-
Ter Bearing were the features among
the motor parts stocks.
Some Strong Spots.
Utah Securities had a rather re-
Iaarkable jump to new high. Amer
scan Water Works and West Penn
Co. We're strong. The rise continued
in United States Realty and pool op-
erations made themselves felt in
Radio Corporation, which crossed 90
on a large turnover. Texas Gulf
Sulphur also was in demand at higher
prices.
Oil shares were unfavoRably affected
by the publication of the latest sta
ustics on crude production showing
a considerably increase. Pure Oil at
20 was off nearly points from the
seasons high. Texas Pacific Coal and
Oil was down 10 points from its best
of the year. Phillips Petroleum, Mid
continent formerly Cosden), Inde-
pendent Oil and Gas and Pan-Amer-
lean were all off at one time a
point or thereaboutS.
Specially Active Stocks.
Special buying in Timken Roller
Bearing carried that stock up rather
sharply for while today The rea-
son given had to do chiefly with the
company's earnings and financial
position in 1924.
Radio Corporation was another
favorite on the theory that it's tech.
nical position had been improved
The stock was said to have been ac-
cumulated by strong interests from
90 down and sold again from So up
United States Cast Iron Pipe COM
mon hdctuated over a rather wide
range while the stockholders meeting
was in session today. Afterwards the
president of the company stated that
action could hardly be taken on COM
mon dividends, in view of the recent
court decision, until back dividends on
the preferred had been paid off.
There was considerable gossip about
the Durant interest in United States
Cast Iron Pipe common and about
an alleged fight for proxies This
last bit of rumor was unfounded,
however, according to people we'll in
formed. An individual, for special
reasons, tried to get a large number
OF proxies, but there was no fight"