Show I l I I I i I I I I I Wall Street Briefs I I 4 NEW YORK YORE Oct c. c 31 AP AP Wal AP-Wal Wall Wallstreet street seldom has has witnessed witnessed- such auh widel widely wide wide- ly l- contracting movements as a aa occurred in the financial and and commodity ma marketa markets mark mark- Wide Wide-I k- k eta ets this week Stock prices pries boiled with wih the motors motors- soaring to new high records record were mixed with wih the United States Slates government Issues losing being ground ion on selling by large holders In anticipation tion ton te of reduced income taxes laes Cotton Coton I fell fel lOo a pound for the first frs tune time in over three years ear eart At t the same time raw sugar Bugar was falling to a 0 ne new low price for the year car lh i coffee coree adI advancing advancing ad ad- In the to a new high level I ear early part of ot the week sterling ex exchange cx- cx change advanced and French francs de deI declined tie tie- I ed and In the closing days the movements movements move move- ments mends cl were reversed revered Wheat rallied In Inthe Inthe Inthe the first part of ot the week week and then sagged below last lat weeks week's closing levels Officers Of the Erie railroad today were elected re-elected re at the tile monthly meeting ot of directors to serve nerve from May I 1 1026 1025 to lo May I 1 1 1926 Such steps ordinarily would have been taken talen last lut April Apri but po possibilities I Nickel Plate liate merger action neco necessitated deferred defered Associated pry ry Goods corporations corporation's 1 earnings for 19 1026 5 are arc expected to ex exal exceed ox- ox al at previous annual anual figures In the most face of ot what la Is considered tae retail holiday ay season seLon Some pr prosperous estimate net profits roUts at be between between be- be cuartel tween and 6 a share on the new I I no par common need y no paying an annually an- an Jar and which would be equivalent to 22 or 24 U a share on the old tock I against 2 1977 a share share earned earnel In 2 1 1024 1021 Consideration which th thu manage I 1 Cn gave 1 last 8 spring to a 25 per cent ent stock dividend Is exp expected to be revived I IThe The Maytag company has hu declared an Initial dividend of ot SOc a share James JImes A. A Campbell Campbel president of ot the Youngstown Sheet t and ad Tube does not think the end of tho the current el steel el Improvement Improvement Improvement Im Im- Im- Im provement Is in sight Bight Ho Ito 10 looks look for forstl still further expansion the satisfactory being supported steel bu business generally ln In ether lines of In Industry In- In by improvement lne He lie predicted his company shipments In October would be as high liitt hll or higher than January Januar the banner month this year The Thu company's new prices on sheets are up 2 a ton Confirming reports that thal the American American Ameri Amen can line would enter tl ilie Ibe coastwise trade trae lne running running running run run- with the In December l wih ning between New York and and P. P A A. A ci Franklin president of ot the International international Inter inter- national Mercantile Marine company copany In InI Indicated In- In on his departure for Europe would today that thal large t ships I be bc built buil by lare the tile co company later for for this expanding traffic Two new nev wells completed by the Petroleum wels corporation has hal increased In Increased In- In Roxana In InI Inthe inthe sand from deep creased production Ind pool Oklahoma I to 4 I t barrels the rJ e dally 1 ry POX About o twenty seven J ae n wells I are being drilled Ju I FRUIT 31 AP Evaporated NJ V NB W YOn YORK Oct Ocl Al 01 aitI Id R slow siOW prunes y apri- apri cou joa anti and poaches peaches Ie but firm raisIn rais- rais ins In n Lair fair l. l |