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Show STOCK MARKET IRREGULAR; . PRICES MODERATELY HIGHER List Reacts to Favorable Tenor of Reports Respecting Re-specting General Trade and Industrial Prospects. NEW YORK, Pec. 9. The moderate and irregular improvement shown by today's stock market was mainly ascribed to the favorable tenor of week-end advices respecting re-specting general trade and Industrial prospects, as reported by the federal reserve re-serve board and otiier authorities. Dealings were apain light and contracted, con-tracted, concentrating in steels, shipping motors, oils and several of the hiph grade rails, as well as minor transportations, notably Southern Railway and Texas Pa-1 Pa-1 cine. Speculative ppecialties as represented by the distilling: (Troup also formed a consld-! consld-! ernble part of the trading, Industrial Alcohol Al-cohol gaining five points and Distillers a point. The most extensive gain of any ! Ktock was that of Cuba-American Sugar, i which advanced 162 points on a single ! sale. Marine preferred fluctuated within t a 2V2 point range, but yielded toward the ! close, despite assurances of progress In i the proposed sale to the United States government and Mexican I'etroleum lost half ot" Its .substantial rise. .Sears-Koebuck, May Department Stores. American Cur, American Can and coppers furnished the firm to strons issues, metals being sustained by unofficial reports that the war board intends to hold the supplies sup-plies now on hand. United States Steel and kindred shares were at their best with tobaccos at the fairly active close and Btudebaker, which ranked among the few backward Issues, nut do up practically all its loss of 1 i points, utilities alone displaying heaviness. heavi-ness. Total sales amounted -to 365,000 shares. Liquidation of "Liberty bonds proceeded, the fourth 4,4s making a new low quotation quota-tion at $95.tl4, while the second 4a duplicated dupli-cated the year's minimum at $113. 00. Kails and internationals were steady. Total sales (par value) aggregated $10,225,000. Old United States bonds were unchanged on call. |