Show t RAIL SHARES WIDELY BOUGHT Turns Course of Prices Upward After Period of Heaviness NEW EW YORK Nov 13 HeaVY BeavY buying of railroad shares shar based on expectations of high October earn earn- earnIngs Ings inge statements soon to be pUb pUb- pUblished puo turned the general course ot of prices es upward lard In today's market aCtOr arter an early Interval of ol heavIness among the industrials the motors and chemicals Sales approxImated shares Mixed price movements took place at the opening Further profit taking and bear beor selling of some of tho the recently strong shares hare imparted reactionary tone to the tho general Industrial list Famous Pia ers era dropped 1 34 and nd U S Steel and fraction fractiOn- fractiOnally fractionally ally LEADERS IE HEAVY lr Y Most of tue active e shares turned vy hell Y In the carl d I selling pressure mo most l effective e In Inthe inthe the automotive e stol stcl and oil IS-I IS is- is issues Is Issues II I I sues belling of ot the last lai named be- be beJ beIng beins be being I ing ins based on further r LUts In crude J I prices lAsses Josses Losses of ot one to t l two Rio 0 points I were ere registered b bi Gulf States Steel I Chandler Bosch Magneto eto Hupp i O 0 preferred I and Kelsey Wheel Several Se special special- specialties specialties specialties ties TV ere sh on Tobacco Jumping 4 points Foreign ea- ea ex exchanges changes opened firm LIST S PursuIng P their recent tactics of stagIng a buying demonstration In shares to minimize the et- et effect ef effect feet of selling elsewhere l Ise here bull hull oper oper- oper- oper operators operators lors tool took hold o of th the New Ha Hat en cn railroad and the shares thIs morning pushing thin them up one olle oneto oneto to two points When this mane succeeded in checking the liquidS liquida liquidation tion of Industrials bu buying Ing orders w were re In other railroad hares hares the St Paul and Wabash Issues As a ro- ro result re result sult the tile whole hole list began to stiffen around midday although the Industrial leaders luders sue such ItS as U S S- S Steel Baldwin n Studebaker and American Can failed to make progress Call money opened t et 4 per cent R ILS VP UP There was poor support for some specIalties when speculation In the railroad Ta shares became more gen gen- general genera gen general era eral Tidewater dropping 5 6 point and DuPont American Woolen and anJU andU andU U S Rubber also able ground The customary mar mar- market market market ket leaders ruled higher In the afternoon particularly Baldwin Bald and Studebaker Absorption of the Etie Eries continued on an aa enormous scale The closing was Wu irregular Divi Dividend pavin paving Issues assumed umed the leadership In the rail group In the late dealings with conspIcuous strength also shown by hy a numbe numbe- of specialties notably Jewel Tea preferred up 6 5 and Jones Broth Broth- Brothers Brothers ers era Tea up 4 The Pan American oU oUs were marketed fre freely ly toward the end I I I |