OCR Text |
Show OILS ID RAILS STEADY MARKET; Speculative Issues Decline at Opening and Cause General Gen-eral Losses NI'.W YORK Dec 7. Oils and rails Imparted a measure of stability to tho stock market today but this was over-Shadowed over-Shadowed by the weakness of specialties ! Sab s approximated 750.000 shares. Heaviness of speculative Issues par- ! Ocularly the chemical group, contributed I to the lower trend of prlros at the opening open-ing of toda stock mnrket. American : Agricultural chemical. yeeterdays weakest weak-est feature, registered an early loss of .IS points and American International I American Woolen and Royal Dutch lost 1 one iolnt. Domestic and Mexican oils were firm to strong, especially Texas & ' Pacific Houston and American Linseed. I Steels, rails and equipments and motors manifested further Irregularity at nominal nomi-nal advances and declines. Exchange on London continued to weaken, breaking lri under yesterday's final rates. A seven point rise in Mexican Petroleum Petro-leum and 12 point loss In Wlllys-Over- lnnd provoked feverish aggressions in the last hour with variable recoveries at the heavy close. |