Show RAM IRAM OILS AND COPPES COPPERS SHOW SHON SIGNS OF STRENGTH Advance Is Made in Price Prie of Crude Germany Is Buying Buying Buying Buy Buy- ing Red Metal Furnished by Harold R. R Smoot Co NEW EW YORK YORK April Apri 10 The The recovery which followed the decision of at the railway labor abor board and tho the relief In the strike crisis abroad did not continue In the market mar mar- ket keti ket Stocks opened about where they left leftoff leftoff off oft Saturday Some further advances ance ad occurred oc 00 here and there a as ac In some of at the oils nile ois which w wore were e helped b by the tho news that the turn had come come- come comeIn In the oil 01 trade and that the price of at Pennsylvania oil al had risen rilen 25 cents cente a barrel nut But the market generally showed no Inclination to resume Its Is advance and seeing this thie the active trading element reversed Its position and began becan beJan experimenting again In a moderate way on the short side In the rails raili rais al although although although al- al though there thero was no lessening of at the better bet ter tel reeling feeling brought about by the action acton of ot the labor board the view was as reflected that that It would be well wel to await developments There will wi be a number of ot very unfavorable unfavorable able Industrial reports for tor the first Quarter quarter ter tot of ot the year The March traffic figures on the railroads will wi make another unfavorable unfavorable unta- unta showing and It will wi not be bo until the returns for the current month are at hand that much of at an Improvement nent will wi be bo shown Slut Hut these remaining Items itom of bad news have been ben pretty well wel taken Into the reckoning The March statistics on the foreign trade give a still sUI more picture of tho consequences conseQuence of ot trade d d d- and price slump than did those for any of ot the previous pre months The stock market developed a little animation In the final hour haul following the resumption of ot active buying In the oil shares The Importance Importance Im Im- im- im al of tho thu advance In crude oil 01 quotations quotations quo QUO- was a further sign that business Is I on the mend can scarcely be overrated The oils were the best supported group In tho market For several welts past the theal oil al trade has been talking of at the turn and prominent officials notably the president of the Texas company have ha been quoted as assaying assaying saying Raying the low had been seen sen and that the situation was on the mend Toda Today Today To To- da day this Judgment was vindicated by the announcement that the Pennsylvania Pennsylvania crude oil 01 had been advanced 25 cents a barrel barel and that other Eastern grades of at crude had been ben put up 30 10 0 cents It I is I expected that the Increase In these thes' thes particular products will wi be followed by a similar advance In others othes until the entire schedule of at crude and refined prices has been affected Many of ot the small mal refiners In the section ecton who closed down for the winter Inter are resuming operations operations Globe Next to the oils ois the most consistently firm fr group on the exchange was waa that represented represented represented rep rep- resented by the copper shares shares The better beter favor In which these stocks have grown recently has baa ha been due as much to real In InQuiry Inquiry inquiry In- In from abroad as to the d domestic de de- de mand One company has received a a. a second sec eec ond order from Germany Germany Post Strength of at the coppers COppE Is 1 ascribed In good quarters Quarter to the belief bele that plans plan will wi shortly shorty be bo announced to extend certain credits to Europe which will wi result in the export of ot considerable metal metal Dow metal Dow Jones Dow |