| Show STOCK MARKE UP THEN DOWN AGAIN Speculation Hopeful Early in inthe inthe the Day Over Renewal of Demand PRESSURE SOON APPLIED SLUMP CAUSED BY THE LONG LONGS S CONTINUED LIQUIDATION DATION Now New York Jan sent senti ment blew hot and cold In the mar market market ket ket today and the sudden transpositions oferd offered some violent contrasts Demand for stocks early In the day was so Im Impressive and seme seemed to be coming from such Influential source sources that tle the toe toie ot of the speculation beame became hopeful One or two Items In the news were ed In Inthe inthe the Bame spirit That stocks should stream Into the market In urgent tion and In overwhelming volume In the presence of at this hope hopeful Cui feeling arged argued a weight of oC offerings overhanging the mr mar market ket that dampened the cheerfulness and andset andset set conjecture to work agin again to fathom the motives and the sources ot of the selling The retrospect ot of the market would havo to go back many months to find at which stocks could have ben been acquired to offer any profit on the sales nade at prices This fact accent the conviction of at thoroughness of oC the liquidating movement and pointed to unloading on the part ot of the buyers buers of oC large calibre who had come Into the mar market ket Icet at an earlY stage of oC last years ad The belef belief was thus created In a dosing closing up of at a mar mariet et campaign of oC long duration and extent I There was nothing In the Immediate situation to the pressure on the market The money market wa was easier and the bank statement ot of saturday gave promise of oC no stringency ot of currency In Inthe Inthe the Immediate future Tere was an en engagement oC gold South America but the exchange market was easier In spite of oC the decline In money rates This lj e went might reflect renewal ot of for foreign lg buying ot of coton cotton Invited by the svere severe de de dine In that commodity The acute of oC the transcontinental railroad stock stocks today Indicates misgivings on the thes s or of oC decreased traffic as wel well as a possible redistribution ot of traffic gowing growing out ot of the opening ot of new Pacific coast This was a factor In the weakness of oC the Hill stocks and ot of St StPaul StPaul Hi Paul Paul The Tue further postponement of oC the to dissolve the Union Pacific merger was as made the occasion of at some earlY strength In that stock but it was among the weakest In the late latte settling I The he satisfaction of oC the demand to cover shorts on the part of at the bears abou about ex exhausted exhausted hausted the buying at the recovered price level and the subsequent collapse placed prices lower than the tw tow price ot of Sat Saturday Saturday morning The rallying power was feeble and the closing tone weak Bonds were easy Total sales par value United States do de dined pr per cent on cal call New York Quotations Sales High Low Close pM pf 10 1000 5 50 5 50 Amal Copper 80 SYA 8 82 mn 40 46 4 4 45 Bet S 18 isoo 44 43 Ama In Can pM 9 BY 9 95 8 78 Ama C F 43 6 67 61 61 Ama Cot Oil 2500 ti 63 Cot 01 25 f C I H L 30 44 41 4 45 8 An Ama Ice 9 00 25 24 4 4 Linseed 11 1 1 15 mn I 5 Lomo S R it 1 3 49 9 II 9 9 P r 0 lO vl Amli R B 30 1 12 y 12 T F T 1 13 Tob pfd fd 6 00 9 O 94 4 4 Ann Woolen 0 3 r 3 3 33 Ann o 7 5 4 45 49 Aa Y t i 50 1 l I It 1 Line S 1 At At Coat Coast 8 11 10 B O B 40 I 1 II Preferred 10 9 9 Id 93 Beth Steel 3 3 3 31 I Brook Brook Rap T 1220 7 74 74 lal an Pacific X 0 17 Cent Leather 59 44 4 42 4 43 Preferred 1 10 illS 1 of N J hEs lies Ohio 1170 SS S 89 S Alon Alton r I G 64 0 63 ChiC Chic Gt West 10 33 3 3 C N W 8 1 m C M iI St St P 16 1174 c C St St L L S SO Q 1010 Cole F I 41 43 43 4 olo Southern 8 00 AS 57 7 let 1st preferred 15 1500 SIU Sl S1 St 51 preferred S SO SOCon Con Ga ins 1 li 14 1 Corn Products 10 1 i 20 Del Del Hud TOO 17 D n H G 41 44 UY 41 Preferred S Dist St I Erie rie 31 30 30 1st preferred 10 1400 4 49 4 4 s preferred 18 1 31 35 3 Gen Electric 1 1 1 1 Gt Nor pfd 11 Gt Gt Nor ar ore cUs 90 6 73 1 Ill Central 9 9 13 Inter Met Met 24 3 24 0 cO 6 Cl Inter Harvester 9 r 11 Inter pfd pH S 21 2 20 21 11 IntEr Inter Paper 1 Inte Pump 8 il 11 31 1 i Iowa Central 21 26 26 6 K C Souther Southern 2400 41 40 40 Preferred W 10 I 6 Louis Nash 64 0 IiI 15 15 MInn St L L 4 M r St P Saul Sault I Ste M it 11 13 U 1 To 0 Pacific 7 73 61 g gM 8 M K K T b 46 4 4 i Preferred 3 7 73 m 73 Nat at Biscuit 10 lU 13 11 National ad d 38 4 85 atonal S Nat n B R U ot et M 1st preferred 3 9 61 N 1 Central ij I 19 X N Y O 0 t 1 U 44 44 Nor Wester Western y 97 9 North Am 1 1200 81 79 Nor or Pacific Sly 8 1 Is Pacific Mall 3 Mal I 3 Pennsylvania 31 13 1 13 13 Peoples Gas 1 ii 1 Imi ii P CC C C St L L 98 97 97 91 Pressed S Car 10 1000 41 47 43 45 Pull Pal Cr Car 6 10 15 Ry Spring 4 47 4 46 46 Reading II 13 10 16 St l 3 4 4 40 w 18 i 10 too 0 Rock Island 41 45 45 45 Preferred 10 W S S 86 86 5 L SanF d preferred 4 s 7 5 5 St L S W 1400 1 21 30 Pr f rt d 10 74 74 34 S S S L 5 S 84 8 83 SY 80 S Sc s 13 lZ i iSo So aIlway 50 31 30 3 30 I Preferred 70 63 4 I Teun Copper 36 81 3 36 I 3 Tex Pacific 29 3 3 32 T P St t L W 12 1200 81 1 49 48 Preferred 70 00 l 68 12 70 Gy 1 1921 iz Preferred lO tO t S 8 Really 80 r 11 S Ru Rubber br 3 41 46 46 SH 46 t r s 8 Steel 36 6 8 81 30 1 Copper 50 i 35 51 53 64 56 Cher Chem 53 5 53 5 54 Wab sh 66 2 23 2 2 22 Preferred 52 02 4 49 49 West Md Id 49 51 West 74 7 72 7 72 Md 13 1300 4 73 13 73 7 W L E S C 6 5 s 5 WIs Central 20 48 8 48 48 Pittsburg Coal 4 23 29 s Steel C C 53 GY r 8 a Dry Goods 19 Laclede t Dr Gas IO lOSes 8 1 4 10 Total sales for the Jay day shares |
