The Washington times., 1929-04-06
STOCK TRADING
DROPSDURING
WEEK
o. W. : Coa SINS

M# .NGA Apr. "a y = -
- Ha-Euas ~ --aG.u< IN the sto X
- eEsl r-ls ue-k. Industrial
- EsLef aUd money returned
- So ar=E auaanIa 10 the bank
I& za-a1Luza Laat the rate for
@3& ma9aT EreEmeG Co . per cent.
49, a-aF--E r1@ w-~A 81 10 per
g.
Lz9zsrr-1 Hr the T-s-rye boards
e-wwwn-a rn money market COndI-
N~H- and ire annoanHe,i intentions
81 ne hEaErt 20 raulInue It's cam.
um sr refuctl0n OF hank bor-
wm cans securities. traders
80 zruck market dsluged the
Es-s=r wI-r selEug orders over the
r-U= za1zav. And the week open
|E wra~s @ ths speculative favor
m@m saam~s i8-@es 81 anywhere from
u~E cent After these AZ
Fus1sar-f -~lfn< orders had been
as-Hef ruusye- tho market
$1,000 ard covered the bulk Of
90 Hsa
A. Hn- .ursIu.8Ou Of three
g. =rs--r1 - Washington. the re-
49, HHs.E s~f reserve bank gov
@--- ar .H hruuu that they we're
~H=srrz.- I'd 49,. the comparatively
sus- -s-- .- brokers loans for
80 w=aa HrTr So o0o uOu having
-r=- -aarrr-li Instead Of s.0O. 600 900
-=-a -s aNr-a. led. The board
--a=afHEa d-srrr--f that unless there
f #Hwuua.# adjustment of
zH-= .Hr-.r ts.--.w.u= " may adopt
-~~ -s--s-.- .. influencing the
rr..H. r.rz.rH ably = hitchinE
~~ r-- .ar.r~.suut rates Of the
-z-a.
~ Rate Change
~ .Hsn-. MS made IN rates
- 49, f.-r--s The fact that
~~Hr -a-- --n-H-- ~ every part
90 --. .a~-.f alNoyated such
~~r-- The -rzarHe p board wishes
- o.. -11e .r-t trer money for busi-
49, s-I --..--- md can hardly
H~-r--ra'r-E that objective with
g. or D. arr redIScOunt rate.
Eva~r .r he srok market were
--a .s -.r- nat short covering
30 -aa---... --o.ks sold hv the
H=H-z N r-- near uanIr Of the last
49, .~ Mn supplied the piin-
rHH- -..- 1uN.r for the market
rH~ ~z=s r-t that Nerv little out
80 a-z.. -a s0r -'",k> had been
@F~~ Dr r-r ,.re- hand traders
% r. .aT rD -.I' out or %
- =.a ...r - non v-IraS were skim
~ -.s .-srtvn and margin ac-
s.-.--- var. - well protected that
r-~ra aa- .--H- danger "f an abrupt
So. r -r.- values
Tr@ .1-- Iu -.e railroad stu ~
--a r--. 80 -.. .Hs fell into secnHd
---rHar ..T-vIr- The publication
. --r ATTORNEY generals opinion d..
= Nll
r---a-~a-.ru program of The oil in
H----r - ff~ vas in VIOLATION Of
r-z am. trust laws The ,lnsclN-
-4rE --e-i.I-ro~ we're manipulated
. . s-G down the price scale by the
r~~fS sn1 professionals. who may
- nav -o- have euti - q follow.
-r - outside traders 20 their
-e--=- pets.
Favoriie> in Demand
V~.-ed states Steel. Bethlehem,
C@-rrzf Motors and other old favor
.--s uers N excellent demand
7----- a- -wo below the final prices
- 49, u-ek the tips having gone
r-r Thai these ~tO.-kS would lead
--a next spectacular upward move
- 10 Industrial list. steel common
80 % -..ld volume above 1S1.
-n.H.a-r p IS points above the low
o. -z-- u--A md General Motors
q 4.--.r - a recovery NJ 10 points.
-1s ~vrrr m the oils carried
: s~~.~f - Now Jersey above G1
sa- .rr- FIRST rrms IN tho history of
go -r-- .u rs present form.
<-.-z--- - california was also
F4rr- 30 above 80 and u Is the ceii-
49, vse- 81 the financial district
--u. . rrz- - the trust laws IN the
-r---s wTu SHOW the crude oil re-
s----rrry~ u-gzr4nn within the spirit
-