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Show STANDARD OIL -TRADIfJGCEIITER Many Who Had 'Preriously Been Heavy Buyers Become Be-come Sellers NEW YORK. Oct. 1. Dealings In Standard; Oil luun were tha chief feature! fea-ture! of trad in all throurh th pant wek. Tha buylnt of Btanrlurd Oil una practically wholly rniaed on read-JuMrmnt read-JuMrmnt of cupitallzatton. declaration of atrtrk dtvidinda and expectaitrn of further Uiaburaenianta of thli character charac-ter wera tha only luoiora directing price movements until after the dividend of 400 p-r t ent was declared by Hlandard (tl of New Jrae- on Wedneaday. Then the announced dividend policy of thl company caused uneaalnesa over the dividend outlook of either atmha taht have inflated their atock lau-a to nn e-ktrema deajrea and many who had tiouilil theae atwfca became heavy al-1 al-1 ra from the beajlnntnfx of bualneai yeatrrday. Standard Oil of New York lndic.it tJ the sreneral churacter of the trHdfnjr. when it aold down to $13 aKKinst a hiJ(h of t4 early in th week. Independent oil atocka and the medium me-dium priced Standard (HI atocka followed fol-lowed the Standard oil lasue cloaely In market movement. Uulf Oil. roae to 3-U find then reacted tu C2. Halt Oeek prod uc in a: ranged from 19 1-1 to -1. huvlna- be In a; In anticipation of a tthfttantl a lock dividend. International Inter-national l'etroleum moved tip from f-3-4 to I 1-4. hut reacted wit h ol her Standard OH laa'iea yr?terdv Mum- "":mtri, tfiehw olT Tnrpnrit lonTepre-aentina; lonTepre-aentina; the Teapot I'omi holdltia:. atarted at and after ytrldinji to 44. waa In Increased demand and niada a moderate ajuln. There waa a dleplay of atrenfeth In many of the Induatrial laauea during the flrat half of the week, but trading In theae at or a waa aleo unaettted by the crumbling a, way of the market position pos-ition nf the Standard Oil srlmrea. . u-rant u-rant Motora moved up from M 1- to the new high of 13 and then reacted to 50 1-4. There was an lrreaTUlar tone to trad-Inir trad-Inir today, tome nf the Standard Oil la-btiea la-btiea sii(Talnlnir fort her decline. V.t-cuum V.t-cuum Oil flrat made an advanca of five Iolnta to 7li, tut met a aupply at that level and had a quick reaction to C!0. Mandard Oil of New York, after aell-It-ar at 28 dropped to 1 lay den Chemical waa a atrong feature In th Industrial 1 1 e t veiling at the highest price touched In a long period. |