Daily Kennebec journal., 1925-05-13
YORK MARKET
y. nay's Dealings in Al
Z. ~ TTsssdi1s Stocks

IN bsss
May Il tAP)--Profit
fpfk a bear selling, inspir,
liking up of the call
~ tsUsaicai y s condition arising
ID n 'et csnt prolonged advance
~ - jmpedei the upward
essus ryices in toady's stock
n ~ e * until after nearly
v. as,ss ~ had attained new
M lsst ~ lie year. The days
~ well above one ana
/ nIiisn shares. .
Il .., Of bullish demonstra-
4 tpuon. r.otor issues resulted IN
] s,.rd ls ma preferred, Mack
"A Nash being lifted to new
] ~ nsssrds Attempts to bid
4 I'M issues in that group
q lila, ,,h hsavy offerings. Pierce
1. a w san 4 preferred and prior
4 ssqSsS qsssssrd and Jordan falling
! j ! points. 80,
! mares attracted a larger
4. y Z s' se6ection Of the grow
I n ~ Il mi an early increase In
u eaa ~ sneyitabel IL the recent
4 ~ : sr.,de. rubber is main
q 4 y Y shst II the principle manu-
y .. ..assupanies will materially
q ~ s..sSv NV through the apprecia-
: tss.ssb s.is heavy inventories of raw
Il Rubber common and
.i' e risk Rubber common
" .snf snn,sfsrred. and the three
y y ms.sR,ssSald R,Sl issues all sold at
|. n bsat prices.
|. y, Il speculative interests IN
! S .s,rts vas based on reports
g $50 .sscysr crude production
J [ 49, [its peak and that the
q s.sssscssdented rate. Standard
~ Jersey and California,
s1.ryland. Houston. Phillips
il k',sniIc Refining showed net
! aft % ! points. /.
! - Can was bid UP ever I
4 I. !. = / racord high for all time
4 Y, Y siIppinr back ! Ia points
4 4 ~. w shs lose, but most Of the
sIsndsrd industrials lost
y M. q. steel closed Is low
\ m IA after Auctuating within
l 4 only three quarters of a
hldvir recorded a similar
Il I'm IL after having sold above
1 Il specialties with bright
s - nrospects, were taken at ad-
4 Il y urices, Kelsey Wheel, Con-
/. A ciear, Douglas Pectin, Ad-
4 Rumely preferred. Case
/ m Machine, Brown Shoe, Co
n = American Water Works, Vir-
! |psiltay and Power. U. 8. Real
II United Drug all broke through
b I maximum prices. Speculative
4 II ire railroad group was
4 between the heavy Accumu-
Il he st. Paul issues. each of
4 advancsd more than q point,
\ h fufthsr rise In Frisco COM
d IL, the highest price since
!, organization Of the road in
van Street was inclined to at
! itks revival OF activity in the
4 Hui to the expectation that the
asse commerce commission
Il ! grant the Northwestern carri-
n \ Increase in freight rates.
U IA buring also was noted In
Pacific, Ann Arbor preferred,
lhn Pacific, Missouri Pacific
fsras and Pacific.
Il hted short covering in Ameri.
sunatra Tobacco preferred
/ ~ about Z II point jump in
tqtk to 81.
4 money opened at 5 1-2 per
4 R advanced to four in the
" tfternoon. Time money and
nHcial paper rates were un-
ged
i repean exchange rates held
dapite reports OF Monarchist
4asrati0ns in connection with
hdugliration of President Won
4 !nburg in Berlin. Brazilian mil.
iopped over a cent in sympa
!. Nth another sharp decline in
] prices.
rsFed strength and activity
NJ bond trading. which more
Heorered the loss sustained in
4 rays wave of profit-taking
lens resumed their upward
1nent with considerable vigor
Y strength of all classes of in
eat securities lent confidence tc
I ulrive operations.
Tough higher call money rates
esntly based on prospective
ldaNals OF funds from New
lnlpeded the advance in Ger.