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Show BETHLEHEI STEEL GAINS WHILE THE OTHERS LOSE Munitions Stocks Are Hammered in Wall Street; the Metal Securities Also ' Fall Back. NEW YORK, July 7. Special stocks, I particularly those comprising the war group, were again under pressure today, together with other issues remotely related re-lated to that division. Extreme declines of two to four points were recorded by the more important munitions, the one striking: exception being Bethlehem Steel, which gained fifteen points, to 455, on a fairly large number of transactions. Metal stocks, notably the zinc Issues, continued to lose ground n the further1 decline In these products abroad. Shipping Ship-ping shares were consistently heavy. United Fruit losing three points, with almost al-most as much for Mercantile Marine preferred. pre-ferred. Sugars were subject to profit taking on their recent advance and motors mo-tors were lethargic when not heavy. Variable declines were scored hy United States Industrial Alcohol. Texas company, com-pany, Federal Mining and some of the Industrial Issues dependent upon favorable favor-able tariff schedules. Mexicans and affiliated af-filiated stocks offered greater resistance than most other stocks. Petroleum closing clos-ing with an actual gain. California pe- troleums also were unusually active and s irons. Except for Reading-, which was one of the chief features of the forenoon, rails were scarcely a market factor. Union j Pacific and St. Paul manifested little of their recent resiliency and Canadian i Pacific lost all its substantial rise, of the first hour. Publication of the crop roport in the I latter part of the session contributed to the partial rallies of that period. General Gen-eral crop conditions disclosed Improvement Improve-ment over the preceding: month, especially as to corn and winter wheat. Total saJes of stocks amounted to 490,-000 490,-000 shares. A rise In cnll money to 4 per cent, the highest quotation since the resumption resump-tion of business on t he exchange In December, De-cember, 1314, was accompanied by a forecast fore-cast of local money movements for the week showing a probable lows bv clear-ins clear-ins house institutions of more than $50,-000,000. $50,-000,000. Much of this drain is due to record-breakinjr interest and dividend payments, as well as heavy disbursements Incident to the income tRx. Bonds were irregular on diversified dealings. Total sales, par value. $3,2S5P-000. $3,2S5P-000. United States bonds were unchanged on nail. |