Show ARKET HOlD PRICE ADVANCE NEW V YORK YORI March 11 The H.-The Tha advancing trend tread of ot prices on the stock exchange was continued this week with wills wih occasional setbacks setbacks set set- backs many popular shares share exceeding previous previous oua ous high records record for tor the records record of the yeah ea Speculative issues Immen overshadowed In Investment Investment investment In- In vestment stocks stock both In 1 activity and and ex extent cx- cx e- e tent of ot g gains gain ns The he movement derived much of ot It Its however ho from the tha progressive demand dividend paying rais rails The rhe most constructive Influence wa was w. w th higher price schedules adopted by a number number num num- ber her of ot Independent tel steel Itel manufacturers their action bespeaking confidence In the tho future of ot that Indu Industry tr Similar tendencies were wore d In iii this the automobile automo bib bile bil and Ind co copper per trades trade and among foodstuff food tood- foodstuff stuff first the better bete Inquiry tor for sugar ugar wa was wal accompanied by an upward revision In lu the raw raw and refined pro products product Ignored the unfavorable Tra Traders Trader lf many many 1921 financial nearly nealy au all al of ot which revealed re drastic reduction of ot tories toile tOlles Almost the tha only onlY favorable ta exhibit for that wa was the tha statement at of or the Studebaker which reported the ben beet year In its history Tonnage Is movements on I leading laUnay railway system yera general generally In excess of or tile the corresponding week MeCk weck of the he last two years St a Steady accumulation fon of ot some ome of ot the sec see transportation stork stocks particularly Ann Arbor common and anI preferred and ev- ev everal everal eral of or the tho cheaper coaler revived rumors rumor ot of mergers merger or change of ot control to new and nd stronger Lower money rates stimulated the te market markets markets' mar mar- ket speculative operations and and accelerated accelerated ed ad the tha underwriting of new corporate of offering ot- ot fering M as a well wel a as aa municipal notably th the I new flew city of t Detroit and several se Canadian j I Foreign exchanges s sustained sharp FeI re- re I main mainly I v In tl consequence of ot the tile BritIsh British Brit lInt I ish crisis in India but the movement dl did not extend to Far Eastern astern remittances these thele holding hoMing firm for the most part I The demand lemand of ot the tue United States government rev gov Iov- Iov I that Its army expenses expense I be met out of ot the German reparations payments payments pay pay- I ments Injected a a n new nw element Into the tha I European Europen situation Bankers p were of ot the opinion however that the al alI allies al- al I Iles lies would yield to th the Washington OV gey- gey |