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Show E&LY ADVilKGS j OH V7ALL STRiiZT NEW YORK, March 27. A buoyant iipshoot in prices with the first dealings In stocks today , reflected the further alarm of the bears for their uncovered condition in the market. They bid ac. tlvely for large blocks of stocks at rapidly rapid-ly rising- prices. The results were open In gains In Smelting- of 4. Canadian Pa. cine 4. Union Pacific 31, the Hill stocks. Reading. St. Paul, . Atchison. United. States Steel v preferred, Anaconda and I Amalgamated Copper 2 to 21 and many other active stocks between 1 and 2 ; points. - . j Opening prices . were not long main talned, - the market sagging under the wight of realising. Reactions did not reduce the advances much over a point A subsequent rise brought Reading and Great Northern preferred up to a higher point than at the start. Additional gains carried. Great Northern - preferred up 31. Reading Z, American Tobacco and Republic Repub-lic Steel, 2. f I Buying was resumed in volume, with the result of making a higher level of prices than the opening. Reading was pushed up to 102 in an effort ef-fort to onset the unfavorable effect produced pro-duced by the decline In Pennsylvania. This failed to arrest the general selling, which sent the list back to within point of yesterday's closing. i The market sagged with occasional Interruptions In-terruptions during tha afternoon, causing caus-ing a pretty general reduction of advances. ad-vances. In many instances stocks were quoted below yesterday's closing, notably the United States Steel stocks and Amalgamated Copper. I The market ' closed moderately active and irregular. The fall in prices continued until Erie sold Si below last night. Smelting Smelt-ing 2, Pennsylvania I, Northern Pacific and United States Steel 1. Many other stocks. Including the Harrimans and Atchison sold a fraction below last night. From that level there was some recovery, but It was not well held. Lackawanna sold at an advance of 10 points. i |