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Show CONFIDENCE 18 REELECTED IN WALL STREET TRADING Dealings On Larger and Broader Scale Than on Preceding Day; United States Steel ,Takes the Lead. NEW YORK, Fob. 17. All branches of the stock list reflected further confidence con-fidence during today's brief period of trading, dealings being on a larger and broader scale th;in any previous day ot the week. L'nder the lead of C'nited States Steel industrials rose one to four points, marked strength being manifested man-ifested by Lackawanna Steel and Republic Re-public Iron. Coppers and equipments advanced as much, the entire metal group berfng materially strengthened by unconfirmed reports of the sale of a moderate amount of "spot'' copper at the unprecedented price of 37 cents per pound. Shippings "were the most active features fea-tures next to steel and iron shares at average gains of two points, their rise being accompanied by a decline in marine ma-rine insurance rates, indicating an abatement of the recent apprehension in that quarter. Motors and accessories registered moderate advances and Mexicans made fnrt her recoveries from their reversal of the midweek. The more distinctive war supply stocks, notably Central Leather, Baldwin Locomotive. Industrial Alcohol and Xntinnnl Enamel were in) toH'iy dcmaii'i. rising one to two points, i with lor New York Airbrake. Transient incut als, particularly Canadian Cana-dian Pacific and L'nion Pacific, featured fea-tured the sea.-oncd rails and New Haven Ha-ven threw oil some of its recent depression. depres-sion. Amon the few exceptions to the son-era son-era 1 advance were American Beet .Su-ar .Su-ar and American Snuff, tiie latter falling fall-ing twelve points niter ainin seven The day before. Final prices were slightly under top levels, but the closing" clos-ing" was active and strong. Total sales, I'TS.OnO shares. The actual cash gain disclosed by the bank statement was much under general gen-eral estimates, while the loan expansion expan-sion of almost $35,000,000 was in the nature of a correction of last week's heavy contraction of that item. Trading in bonds was light, with an irregular tone, except in internationals, which showed slight improvement. Total To-tal sales, par value, $1,720,000. United States coupon 3s advanced Vj point and registered 4s lost a point on call during the week. |