Show T MAKE RECORD HIGHS HIGHS' Wall Wal Street Reflects Good Trend NEW EW YORK TORE Den Dec Dp 6 Heavy Heay buying of the speculative o leaders caused caused an Sn a adVance advance ad ad- vance vanc of ot 1 to 6 C points point among the active active ac ac- ac- ac tive the shares on the New ew York Stock Slack exchange cx- cx change today Twenty issues established chane new v high records for tor the year TradIng TradIng Trad- Trad Ing tog ran In excess of ot a a a million shares This action of the stock market markel was wa generally acton construed as reflecting Wall Wallstreet's Val streets street's approval of President Coolidge's s message to congress Resumption of or Th The closing was firm wa pool o operations in a number of railroad and Industrial shares caused the market market market mar mar- ket to turn upwards again in the tho late lata dealings Baltimore Ohio crossed 60 to a new record for tor the year ij ear Stock prices displayed a a firm tone at the opening of today's stock Block market Tobacco Products climbed 2 points point to 69 59 a new 1923 top Maxwell A A. re recovered recovered recovered re- re covered a point of yesterdays yesterday's loss 10 and Market Railway prior preferred red and Mack Truck sold 1 above yesterdays yesterday's closing quotations Standard industrials showed only fractional chan changes es Southern South South- em ern Railway yielded slightly on profit S taking Tho The upward movement b became came more general as trading progressed Tobacco Products Product extending its gala gain to 3 3 I I points and Maxwell Maxwel A A to 1 H. H New Nev 1023 highs were established by Tobacco ProdUcts Products Prod Prod- A. A A National Supply American Radiator Radiator Ra- Ra Ra Ra- and Seaboard Air Line preferred Reading was a a strong spot In the railroad railroad rail rail- rai- rai road group gaining a point Heavy buying of Loewes Loewe's Inc Inc was an n early feature Foreign exchanges opened steady I Widespread speculation for tor the rise rie Indicating more optimism as to iho tho In Industrial Industrial In In- industrial outlook and reflecting also satisfaction satisfaction sat sat- at the ending of the deadlock In organizing congress was vas responsible for tor the conspicuous strength In many sections of the stock list during the forenoon Popular special groups such auth as a. the motors and and tobaccos were absorbed absorbed absorbed ab ab- ab- ab freely and the demand continued contin high for tor low priced rails rais the Eries Erles rles and Wabash preferred among others establishing new ne' ne high prices price for the year Other sharp ance ad advances included Chandler Motors and Pacific Coast COlt preferred preferred preferred pre pre- 4 each American Radiator 3 i H Hand and Mack Truck Maxwell Maxwel Motors A A. A Gulf Guif Mobile Mobie Northern preferred Wisconsin Wisconsin Wis Wis- Central and Kresge 2 2 each Call Cal money opened at 4 4 4 2 per er cent Several of the high grade railroad stocks moved mo ed up a point when New NewYork NewYork NewYork York Central rose to 1055 a new high fIgure figura for tor the year yea Active selling for both accounts occurred later which carried carried car car- ried ned the steels Baldwin Studebaker American Can and and other active shares down points from their early high price S The wave of buying orders order which swept into Inlo today's today rising rising stock market was wa generally construed as reflecting Wall Wail streets street's approval of ot President CoolIdge Coolidge's Coolidge's Cool- Cool Val idge's Idge message to congress New high records were established by more mOle than twenty Issues bu buying ing of which also was Influenced by high current earnings and and the he recent series of ot Increased and extra extra dividend announcements announcement Saes Sales approximated approximated approximated ap ap- ap- ap shares |