Show 1 ALL STREET I AGAIN Many Stocks Surge Singe Upward NEW YORK I Nov 6 C AP AP Stock pr p rices fOG forged upward p t today Ja 1 Ip the ihS race faco o of ot f an unusually h hea avy y volume of profit profit- t ta taking aking and bear selling Bullish enthusiasm a cm was created by the drastic cuts in t taxes axes proposed by the house ways and means committee fui farther ther reports of ot expanding ex- ex p anding trade operations stiffening pig pig- i Iron ron prices and rumors lumora of ot increased and e dividends Motors Motor received less s attention although General Motors was run up to around 18 on r that the expected extra extra dividend may be as high as 5 a a share which w would make a total extra distribution o of f over DuPont which owns n a i large block of General Motors stock stoc s soared oared 22 points point to a anew new high record a nt at t Other high priced industrial i Isu also developed extreme buoyancy p General Electric United States tates States S C Cast st Iron Pipe Ipe Coca Coca C Cola la and n Edison n which were ere run up C 6 Co t to o 10 30 points Coppers reflected the tho lm- lm p roved proved demand for the red- red metal ana and t the he prospects of an early resumption of ot d dividends by the Anaconda company Oils Ois gathered strength as- as as trading progressed pros pros' pro pro- g gressed and the he rails also IS displayed I s. s f I irm s' s undertone e tn g Trading ln was a not maIn lne t amed at the the- terrific pace of the last f few ew days daYI although total sales had again c crossed shares before the end endot endot o ot f the third hour The closing I was wo strong Bullish en- en or t th s was 4 Quickened e in the final deal deal- e i Ings nga when a fresh Influx of ot buying or orders orders or- or t ders followed the rIse in U. U S Steel to 1 36 a new record high for all ni time General Motors pushed forward to 19 while U. U S. S Cast Iron Pipe e soared 10 p joints ts and F Federal Mining nr eli li 11 After i Is ts spectacular flight to 20 DuPont r reacted to under a wave of ot profit profit- t aking Sales Sale approximated s shares hares |