Salt Lake Tribune | 1918-11-21 | Page 12 | Confusion Marked Feature in Stock Market Session

'C0NPU5I0N MARKED PEATURE ; IN STOCK MARKET SESSION Foretaste of After-war Conditions Is Furnished by Break in Maxwell Motor Company. i j NF.YV YORK. Not. 20. The uncertain trend , I of prices during the yrenier part of today's ; Mock market seiMin offered cumulative evi-' evi-' denee of the confusion eiirdmc in opeetiln 1 ive and Investment circles. Tradiue show ed a ' nu'dernle e.i.tnsiou of operjilinns over the pre- vh.iis day, but iiiOTements often were exceed -. inaly contrary, even in issues of t lie Minn-1 Minn-1 class. Fools dominated various speciaUh), Hie I list hardening appreciably nl the end. A forelusie. of the posl-wur period was fur-I fur-I ni slier by the break of 5 to 14 points in the ne vera I issues of the .Mas we I Motor company, I foMou-iric nniiouneeriietit Hint the dividend on I the first preferred slock is to bo suspended j because of readjustment conditions. ! Irregularity at the beginning was occasioned ! by the heaviness of .Marine preferred, which : broke over 5 points ns 11 result of the order : from Washington holding up the plan for Ihe j sa le of I he company's Brit ish tonnace. . Marine made up much of its los later, nnd I Mexican Petroleum, which fell about 3 points at Ihe unset, scored iin extreme advance of 4 pomis. niist of whi.-h was reiained. j I nil'-d Slates Steel mid affiliated stocks gave ;a better account of themsehes than 111 any I i-ec.-iu lime, hut copper, were under pressure, .ignoring r.-porls of Ihe formation of a coin-I coin-I hiiniiion for the export of met a Is on a huge ! scale. Bails played lirtle part in Ihe day's ! business, that division evincing no trend until 1 the final dealings. when Pacifies hardened. Tobaccos were among the siroiig sp"(da It ies, but utilises eased I to 2 points.. Sales amount I ed to 550,000 shares. I Doineslie bonds were irregular on 1he break of 1 to 2 per cent in rails and Marine 0s. Liberty Lib-erty issues were steady, with the interna I ioua 1 1 group. Total sub's (pur value) aggregated $10, ; 075,000. Old Cnited Stales bonds were 1111-1 1111-1 rim nged on call.