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Show PESSIMISTIC OPERATORS " CHECK UPWARD MOVEMENT Many Good Reasons Why Prices Should Advance in Wall Street, but Anything Like a Boom Is Discounted. Bjr International News Service NEW YORK. Aug. 28. A u-noral feelinfr if poBslmlfini serverl to enaek nn upward movement In Inrlust rials today, which was ob-vlotisly ob-vlotisly penrllnr. T.at. In the session, ses-sion, however, the- rallronri llpt arlxMncerl on Rood reports of earnings in Julv and Aiipnst nnrl several of the Industrials moved up ;,( tho sam,. time. Trading In wheat was rather inlet. Tho pxrhange win probably be Hosed on Saturday. Copper shares wr-re generally Hironsr rltirlnjr the day An advance In rrl'-es of wire products has been exported for several days past. This afternoon manu-fnrtni manu-fnrtni rs nnnotinrod a boost of 1 per ton on wlte products, effective lmmedi-ately. lmmedi-ately. This is the Htsi rhangp In the rate card since July 2n and brings the standard prW for plain wire up to $1 ".n on cj,r i0t,, Steel common was about teady nil day. good support coming to It in the late forenoon when selling pressure became most pronounced. Union Pacific was also supported at tho low point, and It Is pointed out In manv quartets thnt both Steel and Union Pacific will he buoyed up when needed until after each of them sells ex-dlvl-dend on September 9. On the railroad list Cotton Belt was one of the leaders. This stock w-as strong on the confirmation of tho recent report that Louisville & Nashville was negotiating for Its purchase it was announced an-nounced today that Louisville & Nashville Nash-ville ha practically completed its purchase, pur-chase, the official consummation only awaltlnir the action of the directors. Then, It ig assorted, the director will authorize a bond Issue of $(0,000,000 to S60 000.000 to carry out the purchase |