New Britain herald., 1927-10-13
PRICES VARY IN
 T0DAY'S MARKET
General Motors Again in Brisk
 Demand

New York, Oct. 13 P-Stock prices opened irregularly higher at the opening Of today's market. Hous- the opening Of today's market. Houston Oil showed gain of 2 points and Chesapeake X Ohio. |. American Water Works (new) fell back 1sl points on the first sale Quotations on bank stocks were transferred back to the bond tick CTS today.
 Several weak spots cropped out during the early trading but the general market continued upward. Early buying centered in q select list of mercantile, motor. oil and steel shares. Radio Corporation was heavily bought. crossing 69 tc the highest price in more than two years, American Home Products, Coty. Rossia Insurance and Hol- lander also reached new high ground. General Motors, Dupont and International Harvester also recorded substantial gains in the early trading Hoffman Machinery vas again in supply, breaking near ly points to a new lew for the year. Hudson Motors, Interboro Rapid Transit, and Greene Cananea Copper also were under pressure in the early trading. Foreign exchanges opened irregular, weakness of Span ish pesetas which dropped nearly 10 points to 17.33 cents contrasting with the strength of Dutch guilders, which advanced 1 points in reflec- ton of the raising of the bank of Netherlands re-discount rate from g F to 46 per cent. the first change in two years.
 New York. Oct. B LP-Some IT, regularity developed iN the early part of today's stock market, but operators for the rise retained con- trol of the general price movement. Call money appeared to be in plenti- ful supply during the morning at the renewal rate of per cent. But banks called about s20,000,00O in loans early in the afternoon. Amer ican Machine & Foundry was the in dividual feature. soaring 19 points in the first few hours of trading to a new record high at 143, as against the years low of 73.
 Except for q slight increase in freight car loadings in the week ended October ], as compared with the previous week. and another de- cline as compared with the cores bonding week of last year, there was little in the business news over the holiday 10 influence the price movement. Directors of the Pull man Company Inc, today placed the new stock on an annual dividend basis Of s4, equivalent 10 100 the old stock, which was split up ol2 for and paid sS annually,
 Violent hullish demonstrations took place in a few high priced is sues. the floating supply Of which is small. Nashville, Chattanooga & St. Louis jumped nearly IA points. Colorado Fuel and Houston Cream, Manhattan Electrical Supply. Con- tinental Insurance ard Abitibi Power sold or more points higher,
 General Motors was again in brisk demand and [. s. Steel com mon received better buying support despite the unsatisfactory nature of recent trade news.
 Isolated advances occurred in some of the popular shares, Colorado Fuel for example 'isirg nearly 4 points. but general buying was re- strained by the unloading Of round amounts Of Hudson Motors which dropped 3 points. Greene Cannanea Copper also slumped 5-S and But terick Company 3-4. On the other hand some violent advances occur red in selected issues, Amsterdam Machine X Foundry climbing 9 and Rossia Insurance points. The rate for standing call loans was main tGincd at per cent.