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Show ' WORLD S MARKETS V ; J NEW YORK. Dec. 30. Shippings and rails constituted the irregular features fea-tures at the active opening of today's stock market, forfeiting much of last Saturday's belated rally while steels, coppers and several of the prominent equipments were firm to strong. United Unit-ed States Steel asserted its usual leadership, lead-ership, gaining a large fraction on its first transaction of 3.500 shares, the preferred stock advancing a point. Utilities were uncertain, Brooklyn Transit showing further heaviness, but American Telephone, Columbia Gas and Ohio Gas. Further extensive offerings of high grade transportations, including Pennsylvania. Penn-sylvania. Canadian Pacific, Chicago and Northwestern. St. Paul and Baltimore Balti-more and Ohio at extreme reactions of 1 to l1. points, served more than anything else to undermine the list through the very busy morning in which transactions approximated half a million shares. Shippings, oils, and minor specialties also broke 1 to 2Vz points. Steels offered some of the resistance re-sistance to pressure and General Electric. Elec-tric. American Car and American Can were distinctly strong. At midday shippings and rails rallied briskly under un-der lead of Marine preferred and Reading. Trading jn Liberty bonds at moderate advances again assumed enormous proportions. Thc midday rally carried Marine preferred a point over 'last week's final price other shippings gaining 1 to 3 points. Utilities also rebounded but rails, steels and specialties made little progress, while Liberty fourth His fell to the new low quotation of 9-J. |