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Show UNION PACIFIC LEADS . ADVANCE IN STOCKS " NEW TORK, Aug. H. Pricwa r-boundd r-boundd sharply at th) opening of th tork market," tarnly on Lon1on'a Initiative. Initi-ative. Oalna ran from 1 to 2 points, with especial strength In th staflrlard railway shares, lnciudina St. Paul, Northern Pa-rltV. Pa-rltV. Canaeltaa Pactflt. Union PaclAc, Atchison, EH first preferred and Oreat Northern Or CertlAcAtes. Trading was active with evident of better buying than haa been recently shown. I A flood of selling orders met tha early rise, which resulted In the wiping out of a major portion of the gaina. I Abatement of th selling In the first ! hour waa noticed and in many stocks price war lifted back to th early high. The air of vagy alarm which has over taken the financial district still bung over operations, however, and speculative Interests In-terests aeem to hava lost little of their pessimism. I'Mlike most recent liquidating liquidat-ing movements, short covring haa little direct In restoring either price or cott-0denw cott-0denw By noon the market showed th most substantial lmprovment underv the lead of Union Pacific against which the pressure seemed to bave relaxed. Bonds were ateady. Preeaure against Union Pacific continued con-tinued tha most striking feature, that stock soon losing all Ita advance and going down to a period of uncertainty. Priesa held steady at midday, much of the uplift being credited to a group I of operators who were recntly report- ed to have sold the market extensively. Bualnesa fell to moderate volume and- jthe-llet wti evidently la procosa of dictating di-ctating Its recovery In which It waa i not wholly successful. Aside from Its fairly steaiSy tone, th market continued featureless. Union Pacific's recovery was the most bene-flclsl bene-flclsl Influence, and with Reading and United States fltteel. helped to Install firmness alt through the list. I The market closed strong. The list mads Its best forward strides I In th last hour, when heavy buying, particularly par-ticularly In Union Pacific, lifted that stock to 174. or four points abor Saturday's Satur-day's close, with other material advances elsewhere. They also Induced considerable consider-able trove ring of short contracts. The advance, ad-vance, resisted at times, but held generally gener-ally with some shading from top prices, tock List Cnoaa. Amalgamated , Copper. C3ft: American Bet Sugar, l; American Car and Foundry, Foun-dry, 11: American Cotton Oil. se: American Ameri-can Locomotive. ST; American Smelting aad Reflntn:. 72; do preferred, 104t: An-acunda An-acunda Mining company, ST; Atchison, tutf: Atlantic Coast Line. 111; Baltimore A Ohio, 102; Brooklyn Rapid Transit. 7i; Canadian Pacific. .; Cneaapeake A Ohio. 7i; Chicago A Northwostem. 11; Chicago. Milwaukee A St. Paul, list; Colorado fuel and Iron. 3; Colorado A Se-uthern. 4; Delaware A Hudeon. 1CJ; Denvsr Rio Grande, Zh do preferred. (4; Brie. S0: Oreat Northern preferred. 1?H: Oreat Northern ore certlficatea. 4; Illinois Central, 13k: Inteiorough-Met-rapoUtan. do preferred. 44: Louisville A Nashville. 14: Missouri Pacirtr. 4:. Misstiwi-j, Kansas A Texaa. SS; National Biscuit. 10; National Isad. II; New York Central, 1MJ; Norfolk A Western, lcttl; Northern Pactfte. 120: Pactfta Mall. y p4Minsylvaala. Ill; People's Oaa, 104: Pulhnan Palace Car, 1M: Reading. 14 Rock Island company, do praferred. kSk: Southern Pacific. 1U; Southern Railway. Rail-way. Se: Union Pacific. 174; United State Ste(. 71; do preferred. Xl: Wa-hnah.4 Wa-hnah.4 14: de preferred. ST: Western I nkm 72; aiaotiard Oil, ; Ienlgh Valley, Val-ley, 17. |