Salt Lake Telegram | 1918-02-23 | Page 6 | Wall Street

I V WALL ALL STREET J I I NEW YORK YORI Feb 23 Popular Popular stocks as well as speculative issues advanced 1 to 4 points at the opening of today's market but soon yielded the greater part of their advantage The early rise was ascribed to short covering due to the passage of the administrations administration's railroad bi bill transportation shares being foremost foremost foremost fore fore- most In the movement Among special stocks General Motors dropped 4 points presumably in connection with wih its change of control and Sumatra Tobacco gained 6 points The closing was ir Ir- Ir regular Sales approximated shares Libert Liberty bonds were heavy the 3 s selling at to first 45 at to and second 48 at to I Adoption of or the railroad bill bi by the senate induced buying of transportation shares and other active issues at the opening of today's stock market Union Pacific New York Central shipping Crucible Steel Baldwin Locomotive and Mexican Petroleum gained 1 to 2 points with fractional advances In minor railroads railroads rail rail- raI- raI roads and war shares A jump of 4 points In American Tobacco was the noteworthy feature of the special group General Motors and General Electric Electric Elec Elec- were under further pressure Liberty Libery bonds were steady