Show from LV o. o quarter l 12 WEEKLY REVIEW REVIE or OF N. N Y MART P Price r i c 0 e Movements NEW Were Uneven J NEW YORK Dec 12 By the Associated Press Uneven Press Uneven pric pricey price movements characterized this weeks week's financial and securities markets Stock prices gathered strength as Stoc the tile week weel 1 progressed but soft spots slots cropped out in various sections sec see of th the list as professional tons traders who vho had hd bought stocks for a turn cashed in their prof- prof Its Is The Upward movement was wa accelerated by the favorable re resumes resumes resumes re- re of the business situation and made by President Coolidge Secretary Mellon in in their communications to congress by an unexpectedly unexpectedly large increase in the Unfilled unfilled un un- filled fied orders order of the U. U S. S Steel corporation by the retention of the 3 per cent rediscount rate by New York federal reserve bank and by a series of favorable dIvIdend dividend divi dIvI- announcements Bond prices fluctuated within a u narrow narow range new stew offerings of about apparently using using up a large portion porton of surplus funds available for investment Cotton futures broke sharply on 01 another upward vard revision of government go crop estimate closing cosing quotations disclosing net losses of ot 55 to 75 points on the week Speculative Spec Spec- fears fears' that the government report next Tuesday might disclose less damage to the crop than private estimates had ad Indicated was held to be largely responsible for the selling of wheat which dropped 5 to 10 cents cenis a bushel below last weeks week's quotations Acute weakness of ot French francs franes reflecting the financial financil difficulties difficulties dif dif- of ot the French cabinet sent the Paris rate down to a new low level for the year at c or less than a quarter quater of ot a cen cent above the extreme low recorded Inthe in inthe inthe the sensational col collapse of the French rench c currency last ast ast March Othi Oth Othier er el foreign exchange rates held hel relatively relatively rel rel- rel- rel steady |