Salt Lake Telegram | 1925-10-04 | Page 26 | Record Day in Wall Street

DAY IN I WALL i lUme T of Trading HIgh I i I. I I IV p 1 V YORK YORI Oct 3 3 Stock market maket rb i 20 Indus Indus- S 20 fJ I ge trials trial ri tall rails I 6 1066 w r-w 03 I O 6 k e ago 5 1071 j Il lar e r SRO ogo 10 14 gh 12 1923 1925 k 4 Bw Y- Y r. r 1925 l Sl stock aie sales 12 shares share shae 0 Ill lb b th lh the volum olum of busine r vp- vp i l holiday Jf-hollday f sessions only a few times e history of the exchange toucy a aa I a It market gave Kave br ip In i. f C of ot strength In earl early trod trad- S n under the tho lea leadership of tOo ino mu oI 01 an and ani baking baiting shares share The he rapidity of Iti i rte rte- Advance for which c no new reason 0 d bo found n orn In the days day's a news s eavy heavy profit taking which caused able Irregularity Irregularly In closing quo- quo K Reports eort of large largo current curren earnings and andr to ors of specIal dividend distributions p r ded the basis bais for the further adv ad- ad v n 1 In in the tho automotive Issues Dodge t Joiners h A 1 was bid up r y 4 points 0 3 new V high record r nt ot 38 18 on n a total turnover in excess of snares Slates ares In I apparent anticipation of ot the stock being be placed on a a. 13 3 dividend basis baals In th- th a near future General Motors duplicated Ita Ia high of ot I 1 Studebaker which I r rs that third quarter sales were ere tIm tImI tho fy I largest of any corresponding period r in iL i the company's n h i r moved d up nearly arl j 2 1 points In Is to wih within In a a fraction tracton of ot the year years year's high Eaton Axle and Chrysler ler I preferred A bettered their ther previous 1925 2325 high prices I I Revival of speculative Interest In the theUS oil Ils US was based on the recent decline In InC 0 C cudo cude Ude production te arlan ii nil a another lher new 1025 1925 high and most of the theu u popular Issues improved fractionally H Ke- Ke ports j-ports ports of marked Improvement In the Industry were reflected In the v steady accumulation u of those stocks o F Armour it r alC A and Cudahy mounting o to new ney levels for the year F Talk ToIk of ot further mergers merger stimulated simulated the demand for or baking Issues Ward ard Baking Baiting n V IS soared 11 points pints to a new high record i at at- at and 1 then fe foil fel ll bark to 86 Vi Une unia un- un e ran avalanche Inc ot of t realizing sales e Gen Ceo ia Baking held I rf firm around moved up 3 points to a a. B new ne high gh at 13 and then sagged to 11 stocks to attain new maximum were American Agricultural Chemical cal common and preferred Ma Ma- Mi- Mi I Alkali International Paper Fel ort Texas Texa New ew York Shipbuilding rand Woolworth In Trading In the rails ralI W was rather quiet wIth It prices fluctuating within narrow Simile Chesapeake Ohio was one of the few rew features closing cosing nearly a point C at after F. F Jersey Central Centra Jumped nearly 4 points te pint Fl on two sales eales I r F Reactionary tendencies prevailed In the t e foreign exchange market Demand sterling 8 held firm around 16 11 8 16 1 but French Frenc francs franc ruled a few points around cents Moderate reactions re- re actions loWer also als took place In la most or of the tito other othe continental rates rate s I AT A GlANCE M w I. I NEW YORK YORK r Stocks Strong Stocks Strong Dodge A soars soar soar to new I Iv r hl high h above e 38 y Bonds Steady Bonds Steady convertible oil Issues M 01 l I fV 8 Ci J exchanges Irregular exchanges Irregular francs decline t. t Cotton Lower Cotton Lower Colon Lower heavy hevy interior move- move I I C I Sugar Steady Steady steadier spot market r r c J t firmer Brazilian marc mar mar- mr I 4 CHICAGO Wheat Lower Wheat La Lower e bea bearish Canadian ewe lorn Easy orn-Easy Easy favorable crop outlook Higher ll gs Lower F t