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Show LIQUIDATION PREGPITATE5 DECLINE IN GENERAL LIST Peace and Attendant Problems and Uncertainties Loom Larger Upon Market at New York. I NEW YORK, Nov. 13. Peace and its attendant attend-ant problems and uncertainty loomed larger on the financial horizon today, the stock market undergoing another period of liquidation, which encompassed nearly all parts of the active list. The decline was accelerated by further restriction re-striction of credits and the attitude of conservative con-servative banking interests who encouraged general gen-eral curtailment of speculation nccounts despite the more hopeful views of leaders iu the steel industry. Speculative favorites were at lowest prices in the la ter dealings, but rallied from tract inns to lVj points on the support then accorded mils and shippings and the further strength of Mexican Mexi-can Petroleum. A few of the more popular industrials approximated ap-proximated minimum quotations of the year during dur-ing the several reversals, but these also rallied ral-lied on the relaxation of pressure at the end. United States Steel was again the pivotal feature, it- extreme decline of 1 points CO l7 being quickly followed, however, by n rally in which two-thirds of the loss was recovered. re-covered. Rails yielded 1 to 4, points at their worst, Canadian Pacific displaying actual weakness for a time, but in thin division losses were lialf way repaired. Southern Pacific and Heading receiving re-ceiving support at recessions. Coppers were heavy, oils and motors Irregular, and Specialties, Special-ties, fertilizers excepted, mainly lower. Baldwin Bald-win Locomotive was again the only equipment to manifest consistent strentli. Sales amounted to 700,000 shares. Bonds followt-d the trend of the slock market. Liberty Issues holding steady, while railway and industrial issues lost fractions to a point. Sales (par value) aggregated $10,50,000. Old United States' bonds were unchanged on call. |