Salt Lake Telegram | 1925-10-14 | Page 10 | Wall Street Closes Strong

Wall Wal Street Str et Closes Strong NEW EV YORK Oct 14 The he The closing cosing was wal strong stron New ew PO point I of or strength developed de de- de v in tho the Cn final l hour r ho In various In IndustrIal Industrial industrial In- In specialty groups group lifting many of these thee shares to the years year's highest Jev levels ls General Railway Signal Jumped 9 D points and Loose Wiles Q 1 ill rains pains of or 3 to 4 4 points Included Mack ack Truck Trude General i. i L. L o. o L-asi L lIIL Iron IrOis Pipe and International Nickel Barnet et Leather however broke 7 points rt s. s I Sales approximated L a e shares I i in ing Renewed based o on taking profit the retention and of r bear stiff r selling sell sell- call i money rates and unexpected reductions In crude oil 01 prices continued to 10 impede Impde upward movement of prices in today's today stock stuck market Trading wax was wa on a broad scale ale total sales running well weil wel over o one and quarter one-quarter million milon shares share at the end of or the third hour Several of or the Industrials sold sole off of sharply after the Initial Ini ml- ta tia outburst of or strength but the decline de de- de- de dIne cline was checked by the revival of or ac activity activity ac ac- and strength th In American Can which anc soared nearly S 8 points to 10 21 and a fresh tresh Inquiry for tor the ral rail and equipment shares s. s based on expectations o of steadily increasing earnings Se Selected Selected Se- Se buying was again noted In the tIle Public Utilities tel which moved forward under the leadership of o Columbia Gas and Western Vestern Union the latter later climbing i 4 points Specialties which hold bold prospects prospects pros pro ts pe-ts of or substantially increased earnings or 01 o special dividend developments were bid up In rather rapier spirited fashion U.S. U.S. U.S. U. U S. S Re Realty ly soared soared soared 12 1 points and R R. R II n. tacy 6 Railroad shares were pushed up when other stocks showed signs of ot yielding on the tho raising g of the e renewal ew r rare rale for forcall forcall alet let call I loans a to E 5 p per c cent and d on oh re reductions oe- oe of ot 10 to iSo a barrel In several grades of or crude oil oi New York Central Cen Can trai Atlantic Coast Coat Line Rea Reading an and Baltimore Ohio rose ros between 1 and 2 points point A number of or specIal specialties les continued continued con con- buoyant A 6 A 6