Salt Lake Herald-Republican | 1919-08-15 | Page 11 | Prices Waver Again in N. Y. Stock Market

i PRICK PRICES WAVER AGAIN IN N. N Y Professional Features Rule Rile Still Call Money R Rat Falls to 4 Per Cent New Tork Aug 14 Tn In Its nut nut nut- standing aspects today's stock market traversed the ground made familiar by tIme the preceding sessions of the week trading reflecting the same professional profession professIon- al characteristics and uncertain price fluctuations Conditions governing the market presented no rio new features apart from the further call money which by midday fell from the tho opening rates of 5 S to 5 per percent percent cent tc to i 4 per cent for both classes of collateral The industrial situation was more favorable as Indicated by the opinion of Director Director- General lilacs that the strike of the railway Is on the wane and from news originating at leading mill centers which reported report report- ed Increased production Another Industrial development of financial significance was time the increase of the American Locomotive common dividends from 5 to G 6 per cent basis giving rise to belief that similar action Is s contemplated by other ather equipment equip equip- ment companies Equipment and oils were the tho backbone back back- bone of the tho so far as it mani mammi- tested an any better tone a few specula tive tivo specialties also contributing to the conservative account at variable gains Rails dropped most of the tho time standard shares losing 1 to 2 points with more pronounced heaviness in motors leathers metals time the food division and tobaccos Lorillard Loril- Loril lard declining 1 i points Selling made little headway until the final hour United States Steel arid and other favorites yielding 2 to 5 POints point from their best besL weakness prevailing at the active close Sales amounted to shares Excepting Liberty issues which were firm the bond market inclined moderately downward on a broader volume o of offerings Total sales ag aggregated ag- ag Old Oid United States bonds bond were unchanged on call