Ogden Daily Standard | 1918-10-21 | Page 9 | Daily Market Report

Daily Market Report j I NEW YORK, Oct. 21. Trading on the stock exchange today opened with another substantial demonstration of ' strength, tho list showing no indications indica-tions of lust Saturday's abrupt reac-. reac-. tion. Mexican Petroleum was again the , spectacular featuro, sooning 10 L points and as suddenly losing all its ' rise. General Motors advanced 7 in W the first few transactions, but the most fry impressive movement was in Southern i Pacific which opened with an offering ofCOOO shares at an extreme rise of 6J points. United States Steel, shippings ship-pings and some of the war issues rose 1 to 2 points. The reaction in Mexican Petroleum extended to 12 points from which it rallied -1 points. Other speculative issues is-sues were temporarily unsettled by the sensational course of Mexican, falling back 1 to 2 points but the continued strength of rails and shippings, especially espec-ially Southern Pacific, Atchison, Reading Read-ing New York Central and Marines served to neutralize the movement.. War shares and motors were firm lo strong but experienced extensive pro- fit taking in the nctive first hour. Shippings Ship-pings and United States Steel guided the list toward higher levels at noon.