Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-12-16
ID YORK MARKET
| :, n. Day, Dealings in all
y. Leading Stocks

v" SFS-
Dec, l5.--(P)-Heavy
Y@s 18th accounts in recent
for Wv. coincident with a
slrs q pool operations in a
rtao M,sndard industrials and
rss iD pprices In today's stock
IN rsrusding was again on a
= With orders spread over
sL.,., news developments Of
Fils..ss favorable. Call money
wen ssaa, { to 4 IL per cent as
j ir'l hogan to flow back here
zoe, interior, and time money
u pn an a fat a b-S per cent
IN = was announced unchanged
H's ~. S directors of the Balti-
s nsio Railroad declared an
la',S S of SOC but made no
Sn !. The regular six dollar an
r pc as occurred was re-
s' natural development a
!. DAYS Of rising prices.
~. sfter establishing a new
w.; for all time at 1853 Ia
wv, to 162 rs for a small
y, VII loss on the day. General
W. rbrysler, Hudson. WHY'S
and United States Rubber,
/ s..syiOusly nd been active on
n closed at small net recess
.s group, showed a strong
':'r,one than the industriais.
| \ strength of the Erie preferred
/ ,,rh Of which advanced over
E.s-s 10 the highest price in ten
=. based on unconfirmed re-
~, dividends on the first pre-
/, ropi be resumed at the rate
/, SoIlars annually at a meeting
!. aipctors on Friday. Baltimore
|ssa closed l point higher at
4, delaware and Hudson, st,
s,uthwestern each advanced
|,ro points and New York Gen.
|..rhison and a few other ad-
n me point or more.
II Steel common crossed 155 to
\ sIgh on the current upswing
Nm slid back to 154 SIS.
IN Chemical was bid up over
Lnolnts to 142 rs but lost near
n d its gain with buying pre-
an Influenced by unconfirmed
a Of a stock splitup at the next
frg Of directors.
moved upward under the lead
n Of Atlantic Refining which
n an extreme advance of 6
a at III in anticipation of an
resumption Of dividends.
'psriur Oil touched a new high
Fports Of heavily increased earn
Through the discovery of oil OF
sninole property. Texas and
a Land Trust, which ordinarily
lrss hands in 10 share lots,
MI 40 points on a few sales tc
N record high price at 1870, or
, thsn treble the 10 wprice of the
/ principal commodity markets
stronger.
1 foreign exchange r-Trket was
With demand sterling quoted
ri,l.A 1915 and French francs
bluw four cents.
ID trading moved at a slo wer
With buying activities appar-
Ntarded by the billion dollal
rTE Of funds. These operations,
hing government disbursements
|nl collections as well as large
aii and interest payments,
y aowever, TO have any notice
IAsct on the money market.
lsdFe purchases of railroad and
saial Issues provided the mar
only features. Erie General
mounted to a new high price
ae year and the convertible As
strong on reports of favorable
md Prospects and q change IN
ascutlve personnel preliminary
sNads entrance into the Nickel
system. Delaware and Hudson
etole IS jumped more than a
10 liz and New York, Ontario
Western As registered, gained
" points in active trading.
strong buying movement in
company obligations which has
lAnled the rise in prices and
l'ement in the trade was car
llller today. Warner Is, lead
tnls group, of the 1924 issue,
lsed 2 ~ points and the 1929
my Jumped over 5 points.
!, new bond offerings included
NV9o city of Los Angeles A 1-2
~! bonds priced to yield from
~ ~ per cent, $10,OO0,O00Detro 1t
sas "a year 5 per cent bonds
\, at par and 100000 New
aate water service 25 year
paced at "a IL.