Ogden Daily Standard | 1919-04-04 | Page 7 | World's Markets

uu f WORLD'S iiET? V NEW YORK. April 4. Contrary to expectations, there was little liquidation liquida-tion at the opening of today's stock market despite the confusing character charac-ter of overnight developments. Steels were under further pressure as a result re-sult of the controversy among the Washington authorities but fractional recessions were fully retrieved. Shippings Ship-pings were not disturbed bv the failure of the Mercantile Marine deal and oils disregarded latest reports of conditions condi-tions in Mexico. MOtOr specialties made appreciable gains with leather and distilling shares. The rally in steels and shippings, which accompanied the more favorable cables from Paris, imparted further strength to the general list but this was forfeited when oils and specialties including Industrial Alcohol, reacted 1 to 2 points. Selling of those issues was attributed to professional traders who were reported to have adopted a bearish attitude In Consequence of the dispute in Washington over steel prices. These reports received little credence, however, in view of the relative rel-ative strength of lnestmnt rails. Liberty Lib-erty bonds were firm and foreign issues is-sues featureless. Ralls mad.- additional advances in the listless trading of the mid-session. Southern Pacific being In steady demand. de-mand. United State! steel, tobacco, chemical and express shares also extended ex-tended their gains, but other leaders showed further hesitation on renewed selling of Marine preferred.