Salt Lake Telegram | 1921-05-26 | Page 10 | Wall Street

WALL LL STREET NEW YORK May fay 26 There There were few I ILL exceptions to the higher trend of prices at athe atthe atthe the he broad and active opening of today's stock tock market marlet yesterdays yesterday's belated rally raly show show- lag Ing ng numerous extensions extensions Steels equipments shoW shoW-I rails rais and Mexican and domestic domes- domes tic tc Ic oils ois featured the advance Pressed Steel Car rr 1 soon and n l Great rose 2 Northern points r Crucible r and Northern Steel gained nal Pacific Pa- Pa made 1 point gains gains Similar Improvement Improvement improvement Improve Improve- ment was shown by Mexican Petroleum Central Leather Lather and Pierce-Arrow Pierce preferred Baldwin Locomotive e opened at a slight re- re but Immediately rebounded and leather eather leather and ansI tobacco Issues s were fractionally higher Rubber specialties and European oils ois comprised d the few backward stocks Rails Balls Rals led the list to higher and broader ground during the morning Buying of those hose shares at gains of o 1 to 10 2 I points was stimulated by recent statements of earn earn- lags Ings showing marked marle improvement especially espe espe- daIly among Pacifies and Ship Ship- pings moved forward with and many of the steels and equipments In Increased Increased Increased In- In creased their early gains The advance also alpo comprehended most of the popular oils ois moors motors mo mo- tors ors and prominent miscellaneous Issues In Including In- In eluding metals textiles and utilities Rubber Rubber Rubber Rub Rub- ber shares were the only reactionary Is Issues Issues Issues Is- Is sues showing further losses on adverse trade conditions Call Cal money opened at 7 per cent The advance halted at midday profit profi taking akin In rails rais steels and oils ois causing re reactions re- re re actions running from large fractions to 1 points There was further selling of rubbers rubbers rub- rub bers ers and sugars some of those issues showIng showing show- show Ing ng actual losses of 1872 2 s points n