Ogden Standard-Examiner | 1921-02-24 | Page 11 | Wall St. List Loses Ground

WALL ST. LIST LOSES GROUND Adverse Reports Bring on Selling and Declines Be come General NF.W YORK. Feb. 24 Selling Of spe- cial Issues which bore the marks of In- voluntary liquidation attended the early dealings in the stock exchange toda Roebuck, yesterday's w .-ak featur. sustained an Initial loss of 1 and thl '.1 e.on extended to 4 points. Kelly-Sprlngfield Kelly-Sprlngfield Tire reacted to the same extent ex-tent and other rubber Issues, as -well as motor accessories, developed Increased heaviness. Shippings and oils, as rep-r..entr..1 rep-r..entr..1 by Atlantic-Gulf, United Fruit. -M.lcan Petroleum, Royal Dutch and Texas company were tower by 1 to 1 points and coppers denoted renewed pressure. pres-sure. Among rails, losses were confined Developments of the morning were al-together al-together favorable t- the short accoum Pittsburg reported an approaching twenty per cent reduction In wages by one of the largest Independent steel producers. Ajax Rubber passed the quarterly dlvi- H ! nd and rumors were current of similar action In other uarters Equipments chemicals, fertilizers and various unclassified unclas-sified specialties were Involved In the 1 further depression of prices. The onh conspicuous exceptions wre Central leather, comman and preferred, whleh HH rose 1 to 2 points, respectively. Ken H Springfield. Pullman Atlantic Gulf. United Unit-ed FT. ilt American Agricultural Chemical. Chem-ical. Wc-olworth and Remington Typewriter Type-writer were included among the heaviest 1 stocks. Call money opened at 7 per cent HHHHH and exchange , n London reacted. HHHHH Trailing shifted to Steele and tobacco at midday Bethlehem. Crucible. Repub- He and United States Steel were lower by 1 to 2 points. Declines In American and Sumatra Tobaccos, Tobacoa ProdUO and Retail Stores ranked from 1 to 3 points, oils and chemicals continued to M