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Show WILD EXCITEMENT IN STOCK MARKET Overnight Buying and Further Stampede of Short Interest Lifts Prices 1 to 3 Points. New York. April 10. Scenes of wild excitement attended the renewal of operations op-erations on the stock exchange today The trading Moor was crowded with members and the visitors' gallery was lined with spectators, many of them women in gay attire Over night buying buy-ing orders and a further stampede of the short interest lifted prieea throughout the list, gains extendlnc from 1 to 2 points in speculative favorites fa-vorites and 8eclaltles. United States Steel again was the chief feature, opfnlng with a block of l.'.Oiio shares ai 57 1-2 to 57 8-4, and soon advanced to 58 Rethlhem Steel was the only prominent stock held back, declining '1 oints. Rock Island was the most erratic- issue, rising almost al-most 4 points and soon losing all its ad ance Trading during the first half hour was on the largest scale for that period in the history of the exchange Recessions, ranging from a fraction to 2 points, ensued soon after the initial ini-tial outburst, on heavy profit taking Sales in the first hour exceeded half a million shares. which surpassed sur-passed all records since 1909, the year ot the great speculative boom Prices continued to react under the weight of increased releasing sales and i many ains were wiped out, some of the standard shares selling material ly under yesterday's close. Steel was conspicuous in this connection, declining de-clining to 55 1-U. Its contribution to the bustnes sof tho first hour was with 17.U00 shares Prices recovered from lowest levels lev-els before the close but failed to repeat their best quotations of the first hour Sales for the two hours aggregated 800,000 shares, tbe largest total for a Saturday in six years. .rf |