Show RAILWAY liST MOVES HIGHER Stock ock Market Absorbing Investment In Invest men t Fund Overflow NEW YORK TonK FebBy Feb 2 By By The no Associated Press Pross activity In the railroad shares em- em embracing em embracing bracing both the second grade grare nd ml seasoned dividend dl paying is- is lui li-lui u mu s a f featured the resumption of he upward movement mo In today's ok ock market While bile tho the e 01 the th buying In the rail shares V sa ll hard bard to trace It was cas be- be be bell II ll ed ed to represent not only pur- pur pura purt t a a for or investment and II ti l but also on on one In connection with possible n 0 rc rJ rn ABSORBING rr D With most of or the Iho high high grade ill jils nt bonds down to a low hi basis money In irs at easy rates slid and 1 gold pouring Into the coun- coun tr coun-tr tJ II it natural to assume that n th STOCK market was abs at a 1 li st the tho overflow o of ot or Invest Invest- invest invest- mont funds Inauguration of di U d nil nd on Rock nock Island common if I t the annual rate rato of 5 the thero rp ro increase In freight car load In In the third week eek of or Jansi- Jansi ar with the Lice corre corre- week of 1923 1925 and the V ii di dl crease In tho the dall dally daily aver aver- averof c cof of gross crude oil production it tt wk all haul had a bullish et ef t fu on speculative e sentiment The Tha week weekly steel steLl trad trade re- re reviews re reviews views reported little change In Inthe Iho ho situation l ut ut stet steel I production to be ba on the increase s The price tendency ot or steel prod prod- prod urta la Is still sUII downward down and n busl-n bu but l- l lII II a a a remains remain ns highly competitive e Industrials did not ad advance nce to tIE the same extent as aa rails ralls b but t good activity was apparent In a 0 numb r of or Issues issued Consolidated Cigar waa s as bid up points ott on reports ports of or expanding earnings I Pullman moved up 2 and set sev sev- I ral rat other oIlier advanced ad a point or two Iwo UNION V PACIFIC p UP I Canadian Pacific assumed the t it of ot the senior group by soaring over 7 points end Western estern Marquette and Wheeling and Lake Erie common each extended their gains to four tor fourpoints fo points or snore more mor Several Se Others tuch mch as Delaware talon Pacific Chesapeake Ohio and New York Central moved up three points or more I Operations for tor the rise as es- es as broader proportions proportion In tn the Iho I hour holtI when a a number or of Industrials and ro rose two t to four points ng ng General Motors American C in II Marin Marine Marina preferred anti T ureka Vacuum Cleaner Total Irs Ics shares The cbs clos- clos IllS ing was strong |