Ogden Daily Standard | 1918-12-04 | Page 6 | World's Markets

I . 1 WORLD'S MARKETS : J Shippings and motors were conspicuous conspic-uous exceptions to the general firmness firm-ness prevailing at the opening of today's to-day's stock market, with marine preferred pre-ferred and Studebaker losing two points each. These declines were neutralized neu-tralized by gains of 1 to 4 points in oils, United States Rubber, American Can, American Woolen, Beet Sugar, International Nickel, United Cigar Stores and distillers. Unitod. States Steel made a substantial fractional gain but rails were listless and without material change. Liberty fourth 4s fell to a new low record at $96.4S. Shippings soon recovered their losses, loss-es, but Studebaker remained heavy despite the strength of minor motors and accessories. Steels and coppers rose 1 to 2 points with General Electric, Elec-tric, but other popular Industrials and equipments continued dull with rails. imuuay united states steel reacted re-acted abruptly and Mexican Petroleum Petro-leum forfeited its two points rise while Marine preferred showed extreme rallies ral-lies of four points. Persistent selling of Liberty fourth 4s down to the new minimum of 96.32 was the feature of the bond market The market became stagnant during the mid-session, prices in general tending toward lower levels. United States Steel increased its reaction to almost two points and rails eased moderately with oils, but Marino preferred pre-ferred recorded an extreme rally of five points.