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Show BULLISH MOVEMENT STIMULATES MARKET J. A. Hoirle & Co. received the following" follow-ing" financial digest over their private wires: American Smelter advanced its price of lead from S'i to fi"j. Twenty industrials 76. HS, up 2.30. Twenty mils 70.46, off .27. Dun's review reports 15,Sfir failures in the United States during 1917. with liabilities lia-bilities JUS, 1-11,371. compared with 16,993, with liabilities $196,St3,26fl. in 1916. Utah Securities corporation, twelve months to November 30, controlled companies com-panies with pross income of $073,293, net income $110,951. November gross income $S7.SS1, net income $22.9-53. Eastern bond houses report a large increase, in-crease, in the demand for bonds. Anaconda December output of copper, 22.600.000 pounds, and for the year 225,-621.460 225,-621.460 pounds. Orders for the immediate building of thousands of freight and coal cars and engine will be placed by McAdoo. There is no intention at present of the government gov-ernment taking over the express business busi-ness of the country. Midwest Refining declared a quarterly dividend of $1, payable February 15 to stockholders of record January 15. Stock letter Tn practically all departments depart-ments considerable strength manifested itself in the forenoon and early afternoon after-noon dealings. Sentiment, which has generally been veering toward greater optimism, was reflected more strongly today in the broad bullish movement. ! Another influence lending encourage-Ijnent encourage-Ijnent to constructive efforts is the prospect pros-pect that the chief executive in his message mes-sage to congress will urge a speedy solution so-lution of the carriers' difficulties. An added factor is that in which it is expected that the director general of American railways will expedite the movement of traffic, which, in the past, has been hindered considerably by the congestion at many points. Of course, insistent peace talk has had much to do with promoting considerable of the bulling of stocks in the few sessions, ses-sions, and as long as talk of this kind persists it is quite probable that public participation on the long side will maintain main-tain and probably be more convincing" oji any decline. Heavy profit taking, which was but natural, considering the extent of the advance ad-vance recently, deprived the market of most of its early gain. Further realizing may occur, but we still believe that much of the gloom of the recent past has been dispelled, and should further depreciation in valuee be recorded, constructive activities will undoubtedly un-doubtedly be resumed. Curb lettej The trading on the curb, which by many is supposed to represent the degree of speculative interest in the country, did not respond to the violent advance on the New York stock exchange, ex-change, and there was a show of strength on that market in only a few issues in which there was concentrated buying. Chevrolet was again the most prominent feature, selling early in the day at 107 and then moving up to 117i, keeping side by side with General Motors on the stock exchange. Aetna was quiet, with sales at 77s and 7S4. Submarine, which sold early 'at 14 Vi , dropped to IS1-. There was a little activity in La ke Torpedo, which was traded in at 31; and 31"-Curtiss 31"-Curtiss showed a llttie strength, advancing advanc-ing from 25 to 27. Tim i n rli-.irn rl ii n t nil ctrir-lrea irorn fairlv active, but while some of these issues made moderate gains, they failed to move into new ground. Midwest Kenning rose from 110 to 113 and then reacted to 111, and Merritt ranged from 22l-j to 21 Houston Oil does not seem to have caught the public fancy, and the pool manipulation put the price up from 3f;:.: to 41. Tattle outside interest was shown in the stock. Mining stocks were quiet. Magma selling sell-ing at 39. NLpissing- at SU and S"s and Ledge at l's l1- |