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Show DULL MARKET "LIFTED OUT OF RUT BTJHE RAILROADS Movement in Rails Stimulated by the Relatively Favorable Union Pacific December Statements. NEW YORK, Feb. H. Railroad shares lifted today's dull market out of its early rut, the first half of the session reflecting considerable price in-CKnlarity, notably in industrials, equipments and specialties. Tiie movement in tails was stimulated bv the relatively favorable December statements state-ments of the Union Pacific and Southern Paciiic roads, botli showing net sains and the re-establishment of t nion Pacific to its former lu per cent dividend rate. General news of the day was seemingly without effect, suspension of future heat-less heat-less Mondays having been discounted. The government's proposals to control all coastwise shipping and acquire terminal facilities at the Atlantic ports were equally witliout influence as market factors. Kxtreme Rains in almost a score of transportation issues extended from 1 to 4 points, St. Paul common and preferred and otlier grangers a.s well as oiiulers lir-inir lir-inir honors with Pacifies. Canadian Paciltc was tha only laggard, thousli recovering much of its loss at the end. Otlier features of pronounced strength included Atlantic Gulf, Sumatra Tobacco and General Klectric, but these note neutralized neu-tralized by tlie heaviness of the motor division, di-vision, oils, Industrial Alcohol and People's Gas. 17. S. Steel yielded a point under pressure pres-sure of the forenoon, but closed at a fractional frac-tional advance with allied equipments. Stiles amounted to 400,000 shares. . International bonds were steady, domestic domes-tic issues showing more variable tendencies. tenden-cies. Liberty first 4s made a new minimum mini-mum at 96.04, the second 4s and 8s holding hold-ing firm. Total sales tpar vaJue), $4,3S0,OO0. U. S. bonds (old issues) were unchanged on call. |