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Show WALL STREET REGAINS LIFE Brisk Recovery From Recent Re-cent Dullnen NEW TORK, Aug 1. Stark pries mads brisk roory from I cent heavlneaa today's quiet session. Overnight lmprovmnt la th prldnt' condition and publication pub-lication of aevaral favorabl arn-Ings. arn-Ings. reports had a favorabl affect on sentiment and Induced wxten-tv wxten-tv abort corrlng. Sals apprax-Imxted apprax-Imxted 144.144 Bharea ' Price reacted slightly when th varnlght accumulation of buying order had been sbsorbed, but net tralna of 1 to t points war quite common at th nd of th first half hour. Buying power wa eonc.n-trated eonc.n-trated chiefly In th ralla oils, stosl. motor, motor aocesaorle and aqulpmanta Union Pacific New Toral Central. Baltlmor A Ohio. Atchison. Rock Island and Missouri Pacific, preferrel. , each Ealned a point. United States Ruber Rub-er dropped nar)y S polni ta a new low for th. year. Forsmn chjinc.a opened trregular.- Th market stiffened again b-for b-for noon, many actlv shares soiling soil-ing 1 to 4 point abor yesterday final price Th unuually favorabl favor-abl earnings report mnde public yestsrdsy by tlnlted State Bteel. Mudebaker and American Locomotive Locomo-tive attracted good buying pwr Into thes aharsa Th hort Interest In-terest In many. to-ka. apparently had become unwlelifly with covering cover-ing operation resulting In some splrltsd gslns. Oulf dtatea Bteel. Kellwln. Hiudsbaker, Mack Truck and Stromberg Carburetor rallied 1 to 4 point during Ih morning. Reports Re-ports of Impending cuts In tiro price resulted In heavlnes la Sonne of th rubber Isauea. Call money opened at 4 per cent. Its renewal rats being equaltsd only four prs-Tloies prs-Tloies occsslon thl year. Price continued their upward course In ths early afternoon, but trading was dull on the rally. Rubbers Rub-bers hook off thslr hesvlness on denial off reports that lira cute wore Impending. United States Steel was puah.d ovsr 1 points to 'Th closing wss firm. Trading continued lull In ih 1st dealings with a number trf the leader receding re-ceding fractionally from- thlr h'so IT1A ..... |