| Show W WALL ALL STREET liST BUOYANT r- r ri Motor i and Railroad Stocks Soar Over 2 Million Sold I r I EW YORK YO May oy 18 By By ByThe The Ie Associated Press Extremo Extreme bu yaney of or the priced high In Industrial In In- shares sh several of or which f attained l record l highs featured the resumption of or o the price movement In today's tollas stock 1 market markeL Easy money rates again vero ero an important factor call loans dropping to tour four per cent after renew renewing In at JU If Baldwin d I was vaS V run U up more r than P seven ee points nt to a new e Ph high h record e above 1 a no share heavy short covering accelerating the rise Other railroad and railroad equip equip- equipments ments continued to respond to the recent placing of ot large car and locomotive orders Westinghouse Airbrake American an locomotive and American Ar hr and Foundry all reaching new high ground for Cor forthe forthe the year ear AT Nt TOP TOI Motors which have ha been rather laggard lately buist Into activity and strength when heavy buying r of or General Motors carried that thai I 4 stock up to a I. I new high of or for Cor forthe Corthe forthe the present issues Hudson and an anI I Mack Trucks each cede moved mo e l UP three points or so with good buying buln also taking place In Dodge Brothers Chrysler and some of ot It tho the other popular shares In that I f group grail 1 Liquidation inspired by re recent reCent re- re reI I cent price cuts cuta appears to have j been completed at t for the I time being 1 The sharp rise in Laclede Gas GasI I coincided with wit h the tho announcement that the utilities power and light I company had acquired a I. I control control- controlling ling ing Interest Case Threshing i soared over 13 points 1 to a 1 new top around 2066 2 and Du u Pont Commercial Solvents B F American 1 Express Empress and ancl A A. A M M. I. I B Byers Bers ers sold 4 above Ilbo yesterdays yesterday's I or more points lc final quotations t UNION 1 10 r ut UI Jt f 1 A sudden Jump of o 4 14 14 II points 5 In and West Virginia to tOi i a a. new peak at HO overshadowed o all au other developments development in th thI I railroad group Attempts to get et 1 New ew York lork Central through met with large offerings of ot stock Union Pacific Pac and some of o the theother I other high grade rails attained new peak prices s The closing was vas strong A spell ell of or profit taking which depressed some of or the high priced shares two tao t 0 to four tour points below their best figures was followed by a j 0 renewed outburst of oC buying In new ew quarters American Smelt Smell Smelting Smelling ing ng Colorado Col rado Fuel Uel American Ice and ant Union Carbide reflected urgent urgent ent ant short covering Co Total sales approximated 2 shares |
