Show WALL STREET NEW TORK YORK A g. g 2 Substantial 2 advances In irs railway and other shares haru on rate Increases were canceled by li liquidation JI hi- and bear bur 1 selling of ot special tie ties which touched new nW low how levels Sales Salu approximated shares The stock tock market Ira gay gave a good Rood demonstration dem dem- of restored confidence and optimistic feeling at the tho outset as aa a result of the tho wholesale advances in Sn railway fright freight and passenger rates allowed by the tho Interstate commerce commission Commission houses houn were heavy purchasers buying orders orden flowIng flowing flow- flow Ing In in from all alt sections of the coun coun- try Tools Pools resumed their operations In Inthe Inthe inthe the specialties And nd the tho stock market showed more breadth and activity than for tome some t time e. e Railroad ct shares a ad ad- anywhere from 1 to J 2 34 points poInt with Investment buying on quite quito a L liberal lib JIb hib- hib oral lOral lI scale scalo al in the old line dividend paying pay pay- ing ng Issues 10 Low priced shares which nave have rec recently be been n In popular favor wera were wera also extensively purchased with the Inquiry besides embracing a wide variety of specialties United States StAtu Steel tj siu Studebaker 1 Mexican Iuan Iu an Petroleum Baldwin Locomotive antI and various other oilier favorite shares were mark marked d up from 1 I tl I to 24 points point T The upward t tendency of the tho mark market wa wan abruptly checked by heavy havy offer offer- r. r Inc Ings technical ot of f various arlou shares nare In which the position had been weakened by by ln the driving In of the short horl Inter Inter- fits cite Reactions from the thi early parly high levels level evel ranged ranKed from 1 to 10 6 S points i with the general selling II 1 Influenced I e by the maintenance of fr money rates t end and Weakness of sterling tulln Particular press press- tare ure wee WAI against ae numerous IID soc c which sold old below last lut weeks week's low figure Ur with Ith acute acut t weakness in Sn Bethlehem Vanadium Replogle hex Mex- ican lan boVer Petroleum Crucible nd Stude Stude- ha baker Ic er also succumbed to the weakness at other points point but bUl there were Indication of ot renewed buying at tho ho lower It levels III In certain of the tho divi den denti paying Issues issue The rapid fall fail fal In particular stocks tock produced an unfavorable effect speculative P sentiment and there was on 1 a general central throwing over of shares r bou bought In u large a ht earlier a volume with United short selling States Slates hare lt again Steel tell rell to a new low prIce for Ul the r c current decline at al 8 U and tho the shipping w 91 International Paper motors Paper motors motor and oils oil were wre also aia supplied freely truly Traders round found J buying of ot poor qua quality quat ity Iy and support lacking arid and to sell the list energetically In the late dealings Th The closing was wa weak wuk |