| Show UTILITIES AT HIGH HIGHPOINTS POINTS Tobaccos and nd Oils Are Heavy While Rails r Are Neglected MW W YORK YORI July 10 Stock prices displayed i e firm tone at atthe the tho opening of oda od i s stock tock mil mat mai- ket with aith the strength of the tho pub- pub 4 lie utility shares as the outland outstanding Ing feature New Nets Ne 1924 1921 prices were established In the tho th first few tew minutes ot of o trading by Water Vator Works Yorks common G 1 common 1 and nd preferred West renn Penn Power and Philadelphia compan thi th net gains ranging from tractions fractions to half points United Stats States Steel teel touched 4 a nw new high o 01 th the e mo mo emont Public utilities continued to dis- dis il ii l slie e strength th Good acre ero wor recorded by Willis Willis- Willy I I Kresge Na- Na i t I Lead arid and Prod Standard Industrials turned heavy United States Steel Stel corn com common cornmon com common mon dropping more mor than a point from It its early erly high Foreign e- e e ex exchanges changes han opened steady Switching of ot ac- ac account accounts ac accounts counts count from the th Indu indus indus- industrial 1 trial trial and specialty Ape ares si-ares to the rapIdly rising public utilities g gate gaith 0 the tho market markt a potty spotty appearance during most of ot the morning Ligh and power por securities ere acre the th most ta ored more than a dozen ot of these touching new peak peale prices on gains running runDing as high as 6 a poInts point Many ot of the popular In- In industrial 3 2 yielded 1 to shirrs shares points be before foro sufficient support appeared to check the th tic tic- dc-crin dc dIne prices heading upward up again however hoever ho ever around noon Call money opened at 2 3 per pr cent While a number of ot ordinarily Inactive hare shares rose In iii Inthe West cst Penn the afternoon notably Po Fetid Ct which got ot up 1 sit sk pro profit tit takIng wis w e eIdent Ident In som some of the other othor public utilities and the tobaccos and oils wern heavy Railroads ero neglected Th The closing was as irregular Trading became dun dull In the late afternoon Ih prices price easing to n Vater ater 10 loner er gound Works common dropping 10 points front from Its early high ot of bullish in the public utility sheres s 21 of which establIshed flew nw peak prices tor for lh Ih scar r f tea tea- fea featured tuned toda s Heavy profit taking an ann bear hear sell sell- selling sell selling ing was noted In lii the autar cop cop- copper copper cop copper per and tob eco shares hares s le Sties ap- ap ap approximated sh IIreN |
