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Show WS MHKEIS V J NEW YORK. Aug 26 -Refusal of ! President Wilson to accede to the de mands of the railroad shopmen and his exposition of existing economic conditions Imparted a strong tone to the stock market at the active opening today Steels and railroad equipment i were fVie strongest features, although j rails, especially the low grade shares, developed further firmness. Oils and motor specialties also hardened and food shares were in better demand Before the end of the first half hour sains of 1 to 3 points were recorded, metals joining in the general advance. Tradin- during the morning showed a 50 per cent increase over yesterday with higher prices Industries, including includ-ing equipments, extended their advances ad-vances and rails recorded further im-I im-I provement on the strength displayed by Southern Pacific. Reading, Louisville Louis-ville and Nashville and minor issues, i notably Texas and Pacific and San j Francisco preferred. Oils and motors 'came forward with metals and Indn-i Indn-i trial Alcohol threw off its recent weak-ness." weak-ness." Call money opened at six per cent. Further improvement ruled during the midcession. especially among steels, equipments, motors and tobaccos. tobac-cos. Crucible led at a n extreme gain six points, Baldwin Locomotive United Mates Rubber, American Woolen, Wool-en, American Sugar and Sumatra Tobacco To-bacco trailing at - to 4 points. |