Louis-San Francisco. Rock Island,
Wabash common, and Wheeling and
J>ak© Erie common. Seaboard was a
big feature, and was evidently moving
for special reasons.
Public Utilities Prominent.
Public utility issues occupied a more
pir.r inent place than they have for
son© time. International Telephone
R'-g Telegraph was a leader, unusual
ly active as it climbed. Brooklyn
Union Gas went up over 2 points.
North American was higher.
General Asphalt was heavily sold,
tlie explanation being that favorable
rumors did not eventuate and that
there was a large speculative fol
lowing anxious to take profits.
General Motors ran up sharply,
•then lost part of its gain. Du Pont
fluctuated in sympathy. Mack Trucks
was bid up, and Hudson Motor was
slightly'higher. Studehaker and Nash
were up a point on more active trad
ing.
What seemed to be a sharp drive
the market occurred midway
through the afternoon. For space of
15 minutes or so there was an ap
pearance of weakness in the specula
tive industries, while the rails lost
most of their early gains. On this
decline supporting orders came into
play r . United States Steel was around
150; Hudson Motor, which gave a bet
ter account of itself than it has for
some time, was evidently in demand,
as it neared 67; while the market for
General Motors was well protected.
These stocks all came back readily
and as they' were accepted leadens
their recovery steadied the entire list.
Money Unchanged.
The money market continued as it
has been for the last 10 days or
more with time loans quoted from
4 :, 4 to 5 per cent and yvith call
money renewing at 4%.
