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Show PRICES ARE EIRrtER ON THE NEW YORK STOCK EXCHANGE Metal Shares Active and Higher; Investment I -' Issues Strong; Cheerful Reports 1., From Abroad. By BROADAN WALL. By Interna tfonal News Service NEW YORK. Jan. It). Investment issues is-sues wore stromr und motnl slock:) active and higher In today's stock market. Prices were fractionally firmer at the opening with buying orders ror foreign account In- stcol, Southern JMciiic and the copper Ihsuos. Commission houses held a sprinkling- of ordern. but not in sufficient, volume to givo a sharp Impetus to quotations. Fluctuations showed tho guiding hand of manipulation by banking Interests. Traders added to activity by operatlrm gingerly for small prbllis. From foreign financial centers come cheerful reports of easier money rates. Buoyancy was noted in London where investment securities wore in good demand de-mand at rising prlcos and consols advanced ad-vanced nearly a point during tho day. A further reduction in tho English bank rato is expected. At Paris. Vienna, and Berlin discounts wore fractionally lowor. Foreigners Buying. Purchases for foreign account In this market probably exceeded 20,000 shares, Including Steel, Southern Pacific, Canadian Cana-dian Pacific, Amalgamated and Utah Copper, Cop-per, Tlicso purchases wcro made in the early dealings and again Just beforo the close. Steel common rose from C23 to C3J, with traders "bucking" tho rise. TSothle-hom TSothle-hom Steel Issues gained fractionally. Republic Re-public Steel common roso a point and the preferred 15. Copper stocks were purchased for Boa- ton & London account. Utah rose to .',2 and Amalgamated crossed 7S. while Anaconda, Ana-conda, unusually active, touched 35J. Traders wcro pleased by the gains shown In the investment stocks. St. Paul, Chesapeake. JyOUlsvllle & Nashville and Pennsylvania were all higher and active. Southern Pacific crossed fM. Tlio specialists special-ists in this s.toek expressed the opinion that tho market has been pretty well cleaned up and they look ror a further Improvement in the stock. Pnlon Pacific Pa-cific again moved within narrow limits with good support at 15S and a plentiful plenti-ful supply at Is'.lt. Bond Prices Finn. While the trading in bonds showed a slight decrease In volume, prices wore firm. Wabash refunding fours rose from t"G5 lo HSJ. Third Avenue adjustment lives gained more than a point, Rock island is-land collateral fours fell off fractionally. New York state Us "when Issued" rose to a new high prlco of 10GJ. Tho public pub-lic offering of these bondu tomorrow promises to be one of the most successful suc-cessful issucB of recent years. Labor troubles on tho Dolawaro & Hudson Hud-son were without market effect. Wall street Inking tho view that an early settlement set-tlement would be announced. Prlcos of stocks continue to creep up in a quiet way that should encourage public buying. It would be a mistake, however, to conclude that the Ktock market mar-ket will Immediately show profits to purchasers. pur-chasers. It should be sufficient for the time being that there Is n distinct tendency ten-dency toward appreciation In valuos. |