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Show WALL STREET BUYING WITH GREATEST OF ENTHUSIASM New High Records Made Interest the Public; New General Motors Sets the Pace. By BROADAN WALL. By International News Service. NEW YORK, Sept. 13. Stocks were purchased with enthusiasm in AVall street again today. New high records were made and In such stocks as to excite public, buying. Bethlehem Steel sold at 550 and General Motors at 697. The new General Motors stock did even better relatively, for it sold nt 160. Mid-vale Mid-vale at 71 4 was a new record for many months. Atlantic, Gulf & West Indies made a new record by crossing 94. Tho motors and munitions Joined tho steels and even In the ruils there was some activity. Reading and Union Pacific were the strong features there. Of news there was none really new, but there were new versions of old stories. One of the most Interesting had to do with the marine ma-rine shares of all kinds. It was stated, to begin with, that Atlantic. Gulf & West Indies Is earning $S0 a share on its common com-mon stock. Combination Rumored. Then it was whispered that a great combination is being worked out where-hy where-hy In a few months all the marines will be gathered into the American International Interna-tional fold. That company owns a large Interest in all of them now. The rumor goes that it will offer its stock in exchange ex-change for the payment for stock of Pacific Mail. Gaston, Williams & Wig- more. International Mercantile Marine I and Atlantic. Gulf & West Indies. j No confirmation could be had of this, report, hut the street received it kind- iy, because such a development would be logical and good business. i New Record for Motors. j Motors all woke up when General Mo- ! tors went to its new record. Maxwell, rose more than five points. St ude baker, which the hears have been hammering for par, was so strong it looked as though a thirty-point move might be starting. There is evidence of a desire of the motors managers to put through a deal in spite of the unfortunate market accidents acci-dents attending previous market attempts. at-tempts. The deal in which Kelly-Springfield was supposed to be concerned now turns out to be merely a plan to treble its output out-put and move from Akron to Cumberland. As the company cannot fill more than a third of Its orders now, multiplied earnings earn-ings are fissured in the near future. It Is believed it will take less than a year to get the new plant in operation and in the meantime work will continue at full pressure at the present plants. The bond market lacked especial features fea-tures except for a shading of Vnited Kingdom 5s on fairly large offerings. Total sales, par value. S3, 70, 000. United States bonds were unchanged on call. |