Show I 1 IS BOUGHT FR FOR CASH AND ANDRE RE RETAINED Large Amount of ii cates' cates Are cates-Are Are Taken Out J of of of'S S U i U Furnished by bY H Harold rold R TI o Smoot t Co C. C NEW Y YORK RK Oct 27 7 Investigations made by experts Into tho the buying of pf the past few pw months month reveals reveal that 40 per cent of ot tho the buying which I has been going on In the stock I market has been in odd lots while 75 79 per percent percent percent cent of ot this buying has hal been for cash and the 1 certificates s a and hav 1 taken i been nou out turned u of e the hOO over street ee to I Globe 10 1 As far tar as al any distinct trend wa was concerned con con- the stock stocia market markel might Just as well veil wel have ha be been close close l yesterday Professional dealings dominated and the tho attempt to 10 take profits In United Fruit Mexican Petroleum I and Standard Oil 01 resulted In short reactions reaction Coca Cola Cola Coca t old oid ld down on the thc passIng pass pass- Ing jog of the dividend The Tho steel stocks l were I sluggish and United States Steel did note not ing develop e earnings n the 1 expected statement ri rise There on ret the was forthcoming no doubt i I that tho tim figures figurs would wO ld show large earnings I but the buying Incentive was lacking Money again ran up to 10 per cent Whelan Whelan The reason for the advance In mon money y rates is primarily due to the heavy withdrawal withdrawal with with- of ot government funds from time the local banks banks Why hy there should be heavy withdrawal withdrawals withdrawals with with- of ot federal funds from the banks at this time is not entirely clear car to oman many Wall Vall Val t observers but it was stated slated in some banking banking- quarters that the tho money situation I. I not 1 wih I. I C. C s cener- cener cener- cener ally al- al confined ii ed to brokerage quarters uart is It I I. I pointed out that manufacturers continue to tomake tomake tomake make heavy demands for money monE because of ot tho this unseasonable weather which has hat prevailed prevailed pre pre- pre thus thui far during the autumn delaying the cold weather business which Is generally generally gener gener- ally well wel under way at this time of ot the season sea sea- a- a son Post a aThe The surcharge of ot 50 60 per cent on sleeping car tickets has reduced earnings of ot the tIme Pullman Pullman Pull Pull- Pul- Pul j man company 15 per cent according to an official of ot the company The heaviest loss has occurred In the West Vet September railroad earnings which are expected to reflect the heavy movement of ot I freight offered prior to the advance avance in rates will wi begin to lo appear In a few days and will wi be closely studied Jo o determine the effect upon Income of ot the 10 new schedules Judging from figures published by those roads which continue the practice of reporting re roo reporting I road porting g securities c weekly ti appears gross gros g recent to e have buying eu entirely tr cf oj j railroad railroad rail rail- justified jus jus- titled notwithstanding the new wage scale sale and high fuel costs continue to absorb most of the Increase In gross business and and that the volume of business recently has been disappointing Considering the handicaps of or time the woolen market a remarkable change for the better has las occurred in the affairs of ot the American Woolen company The Time National flank Bank of ot Commerce In Its Is monthly bulletin expresses the opinion that tha banks are amply prepared to finance business busi busl- ness nES while It Is working out a more normal says level Ive of prices prices Commenting on this this it i I I Business must now go forward forward on a I lower lowr price This readjustment cannot 1 I be effected without embarrassment In Individual In- In cases It will wt be effected how hew ever without serious general results by reason rca rea rea- rea son of at the Inherent strength of ot the credit situation and ad the assured cooperation of ot the banks with wih business Mall Government to withdraw about abut from member banks bank In this district Thurs Thurs- Thursday day in irs addition additon to the taken Tuesday Average price twenty industrials 85 1 off of 12 1 twenty rails up Dow Jones Dow 14 Dow |