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Show ADVANCE 15 RECORDED BT GENERAL SECURITY LIST Almost Wholly Favorable Developments Over Week-end Responsible tor Climb; Call Loans Highest at 7 Per Cent. NSW YORK. Not. 24. Developments dealing deal-ing with the financial markets over the vceek-end vceek-end and those reported In the course of today's to-day's slow but confident advance of prices were nlmot wholly favorable. Cull louns Opened at 7 per cent, the month's lowest initial rate, and held at that quotation quota-tion without large sums being available. Time money also relaxed, but was tn scant supply at T per cent, the maximum bl. Foreign exchange Inclined to greater Mleadl-nens, Mleadl-nens, despite tho uew elementb of uncertainty uncer-tainty injected by the Italian situation and reports from Washington regarding the coaJ conference were viewed with mure encouragement. encourage-ment. For th firm time in many weeks, transactions trans-actions for the full day fell considerably short of l.OOO.uOO shares. At no time, however, was there any sign of a recurrence of the previous fortnight's liquidation. On the contrary, representative rep-resentative brokerage and com mission houses reported steady accumulation by substantial in-I in-I terests. i ! . Stocks -which featured the recent reaction were the strongest features, impelling additional addi-tional covering of contracts. In this group General Motors, Pierce-Arrow. Crucible Steel and high-grade oils and shippings were conspicuous con-spicuous at extreme advances of 3 to 8 points. Sugar. - textiles, leathers and tobaccos owed' much of ihelr strength to excellent trade conditions, con-ditions, apart from technical consideration,- and Beveral of the less prominent specialties. notably Worthing ton Tump, which rose 11! points, responded to indications of early financial finan-cial benefits. Rails and coppers were the only laggards, the latter being depressed on intimations of another drop lu Hip price of the refined metal, due to the absence of domestic and foreign demand. Sales amounted to 850.000 shares. Weakness of Liberty issues and local tractions trac-tions featured the active bond market. Total sales (par value l aggregated SlC.uOO.OOO. Old United States bonds were unchanged on call. |