Show MARKET H FORGES AHEAD Believe Reinstatement of Liberty Bond Funds Not Completed NEW r YORK yom Nov NOT 18 my Is-my By The As As- Associated d Press Press Disregarding Disregarding the rec rec- record record ord breaking volume of brokers brokers' loans the stock market again forged forced ahead today under the stimulus of heavy heasy buy bus buying busIng ing by b operators for the advance ad Con Con- Convinced Convinced vinced that the market had not yet felt fel the full effect of 01 the tremendous reinvestment demand created by the retirement of second Liberty bonds pools continued to mark work up a long lone list of Issues dividing their energies be between be- be between between tween low and medium priced motors and specialties and high priced In Industrials In- In SOME SO II DIVIDENDS mS Wall street t was Inclined to place a bullish Interpretation on the Phila Philadelphia delphia speech Fope h of 01 President Coolidge and on the favorable rE ort In Instalment Instalment ment buying made by Professor Selig- Selig Seligman man of Columbia university un after atter an exhaustive survey of the subject un undertaken ten un- undertaken ai at a the direction of the Gen Gen- General General General eral Motors Moors corporation The days day's trade news was rather colorless In character although a It few more Christmas dividends made their ap ap- appearance ap- ap during Curin the day Motors United States Steel common commo and arid other called so-called pivotal Industrials to move mO within a a. relatively cly narrow range MOTORS SlEIGhT BRIGHT Heavy buying of Packard Hup and Mack Trucks featured the motor group croup IT UP Union Carbide Midland Steel Prod Prod- Products Products ucla preferred International Paper Montgomery Ward ard and Tex Freeport as all of which reached new now high ground also changed hands in large l rge volumes Rails Ralls continued contIn ed to lag Jag although Norfolk Western was vas pushed up to another new peak and considerable activity act took place in the thee Erie pre pro preferred preferred Issues on unconfirmed reports that the two classes of preferred at present would 1 bo be replaced with an issue of 6 per cent preferred through exchange of stock |