Ogden Standard-Examiner | 1927-03-13 | Page 24 | Easy Rates Are Factor in Rise

EASY RATES RA TES ARE FACTOR IN RISE J Oils and ind Motors Disappoint Disappoint Disappoint point With Poor News New Highs t t NEW NEW YORK March 12 BY 12 ByThe The Associated The Press Press The usual end week end of speculatIve accounts Imparted Irregularity to the tho price movement In tn today today's stock market but the main tend tend- tend tendency ency oncy appeared to be bo upward Fortified by the tho practical assur- assur assurance anco ance of casy easy money rates for sorno somo time to come operators for forthe forthe the rise confidently bid up their favorites but bear traders con con- continued con continued to resist the advance In inmany Inmany many Issues U 1 P STOCK VP tP LI Rolls Rails were again the center of speculative attention While some Ut of the tho recent leaders such as ion Atchison Norfolk Western and Gulf Mobile Northern loll fell bad back backon on realizing a number of ot others such as Norfolk Southern Union Pacific and Lackawanna continued their march to higher ground The usual merger rumors were again in circulation Disappointing trade develop develop- developments developments ments menta tended to dampen speculative speculative enthusiasm for tor the oils and although the leaders In these groups received recel fairly good support Public utilities respond respond- responded od ed to the publication of excellent current earning statements and rubbers again swung upward In anticipation of higher tire prices MANY lL NEW NEV HIGHS Nearly a a score of ot Issues reached new high ground Including West West- West Air Brake May Depart Depart- Depart Depart- Department Department Department ment Stores and Sterling Prod Prod- Products Products The closing Irregular To- To Total To Total tal tat sales approximated shares hares