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Show ULSTllEET" HITS A SNAG Violent Reaction Follow Early Rally ; NEW TORK. AU4T. t. Stock prices raaeud sharply this aftarnoon atar xhlbltlfiaT a a irons toaa during: tha morning. Haavy sailing; of tha Wast era rat Is pruciplUtad th . dacUna. Ctmtlaantsl foralf n axehsnaTas war weak. Sales Spproxlraatad f3a.Sva shares. Tha main pries tandaney rontlnnrd upward, - but mora Irraajularlty da-vr da-vr toped aa th a-anion prograad; Buying urua moat efactlv In tha oils, qutpinanta. a lea I a, motors, motor ac-caaaorlas ac-caaaorlas and a salactad naaortment of rails, rubbarg and apcctaltia. 8tu-dababer 8tu-dababer turned heavy. Joraigra ax-hanges ax-hanges opened stesdy. Vrlcas developed Increaalag; strength during tha morning;, with profeaslonal abort Interests supplying? most of tha buying power. ITemler Baldwin's speech patting; forth that no reparation, repara-tion, agreement with tha Franc h was ; In sight had a daoreeaing affect on tha foreign eirhangt-s, but failed to affect tna stock mankat. Franca drooned ta I.7la op urlthln l mJh nt the low racord of alt time. American oc omotlve advanced t' to 72. a new high for the year, and net gains of It points or mors also ware roistered rois-tered by Baldwin and Lima LaOootno-tlvee. LaOootno-tlvee. tna Pan-American tasuee. Gulf States and Crucible H tee la, MUaeuri Paclfie preferred. A mar loan Tobaoco, B tram bar g - t'srfciaratof, Qtn I'-irla. Ktewart-Warner and Cluat-I'eabody. Call money opened at a per cent, A selling attack launched la the early afternoon aga l net railroad atocka pushed Rock Island down 1. Great Northern preferred I and Northern North-ern rsclflo and Ht. Paint preferred 1 and 1 14. reapec lively. atympathstie decllnee In other points of the Hat carried numerous stocks wall below their early high. Tha closing wss heavr. Continued pressare against tha rati shares unsettled un-settled the general Hat la ths lata trading. |