Show OILS TOUCH I HIGHEST PEAK Bears Force General Lis Down With Late LateRally LateRally LateRally Rally NEW EW YORK Jan 7 27 27 I uncertaInty ot 01 ad ads of ot the th regardIng the earnings earning and nd divi- divi dividend demO action of oC o th the Unite 1 I St States Steel corporation bear bi-ar traders succeeded ded In stout a a further reaction In today s c early riy I tI Persistent bU 1 of at the he lifted 11 tI e 0 ol at oil shares hare hare ho hon however ever t these theas Issues Issue to tho ho l e In a year ear e r or longer ani at brought about a ralli rail In the tho rest Sale Sales Salee ret rest ot of o the tho lIt list mated I 1 shari-s shari olare R nio n DlO Stock prices drifted IrregularlY lower bower at th the tho opening of oC o today s market Sith Ith bUying bu Ing po power er liin- liin successfullY ted bear boar operators Impeded advances e except In the h which continued to dis- dis i oil shaie I pIe pia a strong tone tono under Iho ho lead lead- leadership leadership of at o Houston louston I which moved up lU 14 points Radio and nd U S Alcohol tell fell back a point each AM Af E S DItOl'S Fractional recessions recession nero ere scattered scat scat- scattered throughout the ho list In Tn too subsequent dealings with Ith many e Issues Issue losing ground Railroad hares generally participated pi In the til decline although Katy haty issues tere 0 w ro an all c n RespondIng to the ta 1 1924 report the load joad loads s pI pie pie- forred stock clock moed mo up to 82 2 v it 0 4 contraction In h the tho volume ot of was attributed to 0 a de- de desire ot or the theU theU tU await Aalt the outcome sire Ire to U S S Steel corporation s meeting of at Its it earn earn- earnIngs and nd tr tl tJ p publication o logs Ings statement late this afternoon n Steel common sold old a loer at 12 with lIh t Sell Sell- Selling Se last Fridy's high of oC o 19 12 l int ing ng PI against othel Indus Indus- losses loses ot increased bringing 1 to 2 points In OlEal Pipe Famous Players American Ex- Ex c presa American Woolen Jordan Jord Motors and American c American Can Cnn ho hooser e Cr SPUI ted up 2 points foreign opened stead Tt R Marking up of at tho ho call money Y renewal reneal rate rat to 4 per cent result result- Cd d In increased belling but good buying support as as forthcoming and the tho general mar mar- market maket Jet ket rallied under the n of the tha popular Industrial hrs American Can Mas nas run up three points I ash l ash Motors and United i States Cast Pipe 3 If each and l lS 8 S Steel common rallied from n t to 1 I 27 I The oils contin- contin contini i uell to gRe ghe lie a splendid demon demon- of at group strength Inc Ine Pan American issues issue Oil 01 o ot of New Iet l e Jersey and Associated Oil selling at thit highest prices In a year ear 01 oi longer LOPI IU ER Elt Earl canese in a number numb 1 Cf t r the textile copper motor equip j utilities Issues 11 nt end and public I practically disappeared the r re- re COHr cOer the Hie low ion prices run run- running ruining 1 II ning a- a a high eq a two IWO points 1 TOUl 1 11 1 IL I I ent selling Belling ot or V orth thich l tall 0 o other oIlier oth I them stores ores null josh orter and ad nier- nier merI Issues n v Illi resu reau tant ant do- do declines I dines clines ot of o t two 0 o to lour for points caused the th marKet to ul tu hean heal gaIn again gain in the early SUb SUb- h hid zd been n regIStered In Bald Baldwin BaldIn In e cw lork ork Central Atlantic Ine Cout LIne and St Louis coO nna fin Mi in cicco co were ere ere cancelled The Th closing was steady teady e e eten- eten ten ten- she sl short coloring co up prices sharply In the th inal mat hour houi h a ah a h Motors Molar jumped q point pointe 01 talk folk and ad 2 and o 2 and Pacific Oil 2 |