Ogden Daily Standard | 1920-03-15 | Page 3 | Worlds Markets

1P, IK x ' NEW YORK, March 15. The only ! notable exception to the moderately heavy tono at the opening of today's stDck market was Crucible Steel, 'which immediately added five points ito last Saturday's- lG-poInt advance. Th-s was increased to almost 10 points within the first half hour. In other quurter.'- of the list trading seemed to be influenced by further uncertainty respecting the course of forolgn exchange ex-change and latest developments In Germany. The local money market also figured as an unknown quantity bocauso of today's heavy tax payments pay-ments When tho shorts were driven to cover in Crucible, which extended its early rise, oils and motors began to advance, also equipments, tobaccos land numerous specialties. General (Motors dropped 2 points, Me:ccan Pea-oleum and Texas company five and 8 points, respectively, and' American Ameri-can Car, American Woolen, Industrial Alcohol, Sumatra Tobacco, California Packing and Wilson company 2 to 4 points. A few of the high-priced rail3 strengthened, but in general that division di-vision was backward. Gains wr-r-i re-duoed re-duoed when call money opened at 9 pei cent but tho market mounted to hlgber levols beforo noon on renewed buying of steels, equipments and mo-tori.