Show STOCK LISTS AT HIGH POINT 1925 Had Had Biggest Biggest Market Market Market-In bIn In History Oils Rails Leading S KEw kEW YORK Jan DY 2 2 D By The Press Press Weekly Fi I Financial Vall Wall street he- he hegI ulris he-ulris with railroad 1 gI the new year stock overages average at t high levels aTu an unanimity of and that fur tur- L business m ii business Is s In store first eI sIx months ot Of tot for at least the vit wit has hns closed The year Just the biggest stock market inart Ill i with only two m major Jor Inter- Inter In I Ind nd October ot of II along long upward movement of o prices BULLS iv IX CONTROL CO The pasti week has hns been on one or of readjustment of ot accounts unusual unusual- at this pe period with the thc spec speculators nod 1101 of or the tho year but tor for the advance maintain maintain- maintaining maintaining ing the upper hand honl Because ot of othe the thc fact that most es 1551 Issues closed around arounI their thur Ih lr top prices of or the th customary selling for tor the pu pur purpose establishing Income tX pose or of o losses was much sm smaller than In III i previous years ears Speculative Speculative- Interest of o late bt has ben divided between the oils Otis aId ald tO 10 tl th rails Oils were galvanized and strength Ih by the thc circulation involving In lation of or merger reports me ot of the large Independent Ind I coil coil- panics coil panics Barnsdall and Simms 1 is issues sues atice climbed to now flow peak prices when It 11 became known that ne- ne nes were pending rOT for the C 1 l ot of o these companies Ith the VaIt aile company ot of o C Cal I- I Phillips rom company pliny rec was purchased pUr by Blair Co Co Investment bankers bankers also wa was lifted to a n flew top toD on rumors that It would h he merged ell either her he Marland Iii I company or the Union Oil cm of Call rom Ill Pacific Oil which Is Isto Isto to be joined he ho Standard Oil iii company ot of o California reacted on profit proUt taking RAILS I Rails Ralls responded to thy the publication tion Ion ot or unusually favorable fI No- No No ember earnings statements Penn I n net t for that month br be- be bf int moro more than double that of or the I same Gme month a II year ego ago Special strength o 0 the hard coni coal carriers apparently In anticipation orI of or I Ian nD an early resumption of or anthracite mining Delaware Hudson on elI- elI sell sell-In In log at nt Its Ib best In Iii over ten years Atchison touched 0 a n for all time and New Nev cw York Central advanced to 10 the highest highet In years ears I MOTORS roT S t Standard industrials showed hotd tt n 1 strong undertone with Can approaching within 3 points or of orth th objective set by Its stock sponsor sponsors some time nto 1110 I t els made little response response to the of trade reviews reles American Smelting climbed to Its highest level In tn near nal Ir ly 20 0 years but the other coppers II lid not share extensively In the d id- id vance ance Motors were mixed mixed- A I Is s advance of ot nearly In S S Kresge featured the merchandising issues 1 Leather I shares took on a new lease of lire life i under the leadership of or Cent i I Leather preferred Some of ot the outstanding strong I spots among the specialties Foundation company ln Alkali South Porto Rican Sugar and United Drug National Cloak Cloak and Suit common and preferred Cudahy packing sold at nt th the years year's lowest prices a during the week ek I |