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Show WORLD'S 11ETS New York, Jan. 8. Rise In quoted stock values today was based largely on the belief of a speedy solution of existing differences with Germany. Extensive short covering accelerated the advance, which was principally manifested In United States Steel, although al-though that made far less headway than such issues as Mexican Fe-troleum, Fe-troleum, American Can, American Smelting & Anaconda Copper. Profit taking followed the advance, causing some material declines. Trading in general was professional and fell away in the final hour. The closing was irregular. Bonds were Irregular, but Anglo-French Anglo-French fives were steadily absorbed, attaining the new high quotation at the present movement of 95 7-S. New York, Jan. 8. Active buying of leading shapes was resumed at the opening of today's market, such issues is-sues as United States Steel, Anaconda Anacon-da Copper, American Can, Mercantile preferred and Mexican Petroleum be absorbed In large volume at gains ranging from fractions to over a point Aside from New York Cgntral and Rock Island rails were not especially prominent, but showed a strong undertone. under-tone. Wnr stocks also added to yesterday's yes-terday's gains, notably Airbrake and Lackawanna Steel. Bethlehem Steel rose 10 to 440. Anglo-French war bonds were in further demand, rising to 95 7-8. Clearing House Banks. New York, Jan. 8. The actual con dition of clearing house banks and trust companies for the week shows that they hold $153.S22,260 reserve in excess of legal requirements. This is an Increase of $7,871,130 over last week. |