Show I PRICES ELl UPWARD Market Swings wings Up in Brisk Fashion II yEW NEW YORK TORK Oct 18 Stock Stock market I averages Twenty Twenty Twenty'S Industrials Rails Rail S Saturday S 'S 80 61 I Frida Friday Week ago High 2 Low 1124 Stock prices price's prices swung upward In brisk fashion n In today's brief session of ot the market as fresh accumulation by operators operators opera opera- tors tore on the tho long sl side le stimulated covering cover cover- ing lag by speculators for foi the decline who had sold old stocks Blocks freely In the early days of the we week k Commission houses houes reported that Buying was by th the more cheerful he feeling regarding tho the politiCal eai outlook lower money rates rales and the tho Improvement Im Improvement Im- Im I provement shown In several lines I of bu business I Speculative ne attention was wall ted riveted on the railroad shares by the continuance of or high car rumors of ot dividend resumptions and Increases and reports of toward the consolidation of I progress the East tast Several several roads road particularly In Buying of tho was faIrly active just the close Delaware t-lud- t standing out a a. gaiTs gain of more son On than 4 points and Lackawanna Erie s arcond second sec arc preferred Reading and ond West Virginia closing 1 to 2 po points Inti above Fridays Friday's ys y's final prices RevIval of 01 In the Rock followed the prediction ot of Chairman Chairman Chair Chair- Issues Hayden ot of the board of 01 director man nearly 4 a ashare that the roa road 1 would earn stock this year common RS as share hare against on t Its 1 2 last year and I Ion of statistics showIng that tha t car loadIngs load load- t fIrst halt half or Of Octo October be were lings the In I about Ings 1500 cars over tJ those o ot of the le corresponding corOther cor oi I responding above October fl te of last b year and I IOther 1000 neary the he rail group In- In Other strong r spots In Northern n M MIssouri Alls MIs- MIs Mobile Mobil eludes dudes Gulf Gult West Vest Pacific preferred gouri Bour stern ern em the Wabash ues and ande e en pacific all aM up ups up's a. a poInt or more Can again led the pivotal Is- Is American 2 points tp a. a by moving up sues ues United State Statu steel and ed fractionally the former closing above I Pipe shares featured the specialty list hit Iron products jumped 6 r. pol paLa iu Lv J j a athen then eased slightly while U. U a. a Cast Iron Pipe and Universal Pipe and Radiator Radiator Radia Radia- tor totS preferred referred each showed net gains of ot about 2 2 t points American Waterworks responded favorably fa ta- Ca- Ca to the publication of a plan for splitting pUtting up the stock closing 1 higher at 16 after having sold at In Inthe Inthe Inthe the early dealings dealings- General Electric touched closing slightly below that for tor a gain of 3 points i Strength of Consolidated Gas which moved mo up about 2 points was coincident with the cessation of heavy liquidation for Cor the account of oC a large estate Commercial Solvents Solvent issues established shed new peak prices for the Iho year Home Jome ome of the other ether outstanding strong spots pots were vere American International corporation American Tobacco TobaccoS Wiles Loose Biscuit Nash ash Motors Otis Ele ator and ana WorthIngton Worthington Worthington Worth- Worth ington Pump up 2 to 3 a points Foreign exchange rates held Iteld fairly steady in quiet trading Demand eterlIng sterling sterling sterl sterl- ing was quoted around and i French francs france ruled slightly below 6 c. c Scandinavian exchanges made further moderate recovery |