Show MANY STOCKS AT YEARS YEAR'S TOP TOPI Pre Holiday Sales Sa 1 e s Fail Fai to Check Che k Upward Trend NEW EW YORK TORN July 2 holl Fre-holl- day profit taking takinG failed to check tS te upward up-ard trend of ot prices In to today's to to- today's days day's stock market Heavy Iea ac accumulation Sc- Sc of the Eric Erlo and St. St I 8 San Francisco Issues was 15 one of ot the features of ot the days day's trading during which more than wo dozen L Issues mounted to new nl L levels le for year sales ales approximated shins shar s. s Professional slona operators resumed their campaign for higher prices prides S ther the opening Encouraged by bylie lie Ie ae success obtained Wednesday edn da distributed buying or orders or or- orders hey he again Wool Wool- Woolworth Woolworth ders over a broad list hieL 1 t worth orth opened at 2 20 points point while Initial gains gns of ot a point or United more were w re recorded by Drug American International corporation cor cor- and Pullman New NeSS ew 95 1925 peak prices were ere established In Inthe Inthe inthe the first few fe minutes of ot trading by Montgomery Ward ard and Olia is Steel preferred FOR rort FOn HIGHER BlOttER GRAPH With Ith a largo large volume of re reinvestment re- re reInvestment investment funds Mill ll seeking employment ment the demand for to high grade stocks continued unabated gae Speculative cliques also stirred up activity In ill the low how priced Issues I ues particularly those which base ha ha haben been ben associated with wih favorable dividend dl or merger rumors Additional new 1925 highs were recorded by hy International Agricultural corpor corpor- corporation corporation sCion Otis Elevator Ce- Ce Ceral r ral r al United Drug Ward Vard Baking B 13 Band and Wabash common comon the tho gains pains ranging from fractions to three points Rails flails nal again A ln lagged be behind be- be behind hind the Industries Industries although sub sub- subs subs' s' s 1 gains were recorded by Delaware Hudson Frisco com corn common common mon SlId and Wheeling Lake Erie Erl l d preferred Yellow Cab made mads from the recent sharp harp recovery low as did General Electric Es Es- Establishment Establishment of ot new high records by Danish Dalh and Norwegian N groner each of ot which advanced ad about 25 points poInt featured the firm foreign exchange market Strength of ot the Scandinavian rates here was In Deflection of higher rates rales In Lon Lon- don MINOR OR l i suns SUES RISK Broadening speculative opera opera- operations operationS tons throughout the forenoon ore noon trading were attended by opera opera-I some Conic substantial advances In many stocks tock accustomed to more nar oar narrow narow row ow limits except In periods of ot I great activity Chain store and mall mail mal order Issues responded i to 10 tor r ports of good summer eummer business and a I steady expansion In earn earn- ings ints Inquiries for tor medium priced and accessory stocks also wi were re re brisk pushing Studebaker Packard and United Stales States Rub Rub- Ocr oer oel Into new high ground Gains of ot 3 to 4 points were recorded b n ore fore or noon by American Radl- Radl tor br or American Ice Jl Brunswick Pullman Havana ana Ha Electric real C-real real and Otis 01 Steel Activity ly Acl In socks Bocks of ot railroad linked with wih tho Lores Loree Lore consolidation plan Including ing in in Delaware Hudson Wabash abah nd Wheeling Lake Ike Erie was tried b ed on reports that progress was being made In tho merger negotiations Pan American B In was va heavy and Otis Elevator Gulf Gul States Steel and Coca Cola lost los ground gound on profit taking Call Cl money mone renewed rene at 5 pent cot and then dropped back to 10 41 4 IDLE 2 THROWN O lf Great Irregularity cropped out outes es as the traders pursued their re- re rec ree reC c e nt mt tactics of getting out of tocks stocks which were sluggish and buying those which were begin begin- beginning fling ning to move moc The Eries Erics and coppers copper were galvanized Into ac- ac acI iv I while Cudahy Packing F u llon company Atlantic Guilt Guir A West Indies Yellow Cab Cabil Cb il- il t and Railway Halwa Steel Spring Sprig were wore also In large de de- de- de mend mand mand Intermittent selling re- re suited suled In pronounced losses losse In itt American merican Can Cn Radio United CI- CI Cig g gr r Stores Canadian Pacific and Ind Western We lern Pacific The dozing closing cosing was firm rm Amen Ameri American can Can lost ground on 1 profit taking but bullish bulish demonstrations lions continued In other i rs International Shoe extend extend- extended ed ei Us its Is gain to 10 points and Kelly Kelly- Kel- Kel Kelf f S 8 per cent preferred to 4 4 I |