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Show !0W GRADE RAIL BUYING 15 FEATURE 0FDAY'6 SESSION Demand for Transportation Stocks Almost Without With-out Parallel in Market During Last Several Years. XVTV YOKK, Mav 1'. Euvmg of reorpan-zM r low-erade rails on a sale almost without .wraUel in several years was Urn interim? lecture of todav's stock market and contribuifd more than any other factor to the turnover, which ugaiu attained huge dimensions. Tiie demand for transportations included not on)v the western and south western oil rails of recent prominence, but also encompassed many issues which have become little more than a njemorT to the average trader. Gains in these secondary and dormant shares, sncn as Western Pacific, Denver &. Kio Grande. Chicago Grat Western. Chicago & iltun and Ontario & Western, ranced from 1 to 3 points. Dividend paying rails and allied issues of; Intrinsic value were 1 to 4 points higher. j Iu general the movement was oa a par wiln tlpr. lings of ihf past f'-rtni;bt. the market i evincing a further disposition to break from I the irres'jlar conditions which followed the pass ins of the United States Steel extra dividend. divi-dend. 1 , . . Pteel vielded a fraction at the outset, but rallied almost 2 points when affiliated issues began to advance and closed at a gain of 1 point, others of the same class gaining 1 to points. SbipDings. nils and motors and their specialties spe-cialties responded to another bruad inquiry at extreme gains of 2 to S points, United States Rubber eclipsing all oilier issues io Its advance of the final hour. General Cigars rose S points :ind TV-xas Pacific Land Trust lVi to 50). Total sales amounted to l.WP.000 shares. B'inds were irregular, investments making slight gains. Libert v and foreign issues were steady "to firm. Total sales 'par value) aggre- I gated gl 3. 0,000. Old United States bonds wore unchanged on call. |