OCR Text |
Show MANY ADVANCES RECORDED ! IN GENERAL SECURITY LIST! Reassuring Factors Are-- President's Condition, Settlement of British Strike and Steel Center Reports. NEW TORE, Oct. 6. Developments over the u-i.-k-f ntl and those which followed contributed con-tributed measurably to the expansive trading and many substantial cuius registered in the course of today's active stock marker. Reassuring advices regarding President "Wilson's "Wil-son's condition, settlement of the Hritlsh railroad rail-road strike, and reports from the principal steel 1 centers ivere viewed with favor by profession:) 1 i interests and others committed to the long , account. I The one discordant note was sounded by the money market, call loans advancing from the opening rate of 6 per cent to 1'2 per cent in j the last hour, and falling back again before be- lated requirements had been met. i Motors and oils of the high-priced varieties I featured the session, General Motors ascending i to n new level on its advance of -5 points to 2S8Vj; Mexicnn Petroleum also sld at n new j maximum, rising almost 10 points to H35Mj. and Texas Company gained 17 points. I Equipments were led by Worthing ton T'nmp j at 13 points gain to the new record of 1071--..; , other features of that group. Including Baldwin and American Locomotive and American Car, at extreme advances of 3 to G points. Crucible Steel assumed some of Its recent i prominence by a further recovery of 13 points. 1 lialf of which wan later forfeited, and other steels yielded part of their extreme - gains of : 2 to 3'.j points. i Hails and shippings strengthened on the demand de-mand for transcontinental, grangers and coalers, coal-ers, also Atlantic Culf and American International, Interna-tional, but these divisions eased at the end. lent hers, textiles, tobacco and food shares offering of-fering better resistance to pressure. Sales amounted to 1, 3(10.000 shares. Bonds were firm on further demand for speculative rails, the Liberty division holding steady and Internationals reacting slightly. Total sales (par vnhie), $13.2."i0.000. Old I nl led States registered 2 Vi s gained on ca 11 ; others unchanged. |