Ogden Standard-Examiner | 1922-07-18 | Page 11 | Gains Scored by Industrials

I GAINS SCORED BY INDUSTRIALS Steels and Equipments Go Higher But Rails Advance Ad-vance Little I YORK. July IS Steels, equipments equip-ments and a wide assortment of otner Industrial and kindred Issues roistered roister-ed extreme gain of two to almost scv-n scv-n points In today's stock market, rails alone- showing little Improvement. Sales approximated 660.000 wharos Wall street was Inclined to tako a more hopeful view of the coal and railroad strikes today. Judging from the higher range of prlcos at tho outset. out-set. Crucible Stool was the spoctneu-lar spoctneu-lar feature, opening at a tain of 2H points, which was extended to 7 ,; j points In the next few transactions Oulf States Steel rose 1 V4 points and American Can 1U points with a largo fractional advances for Haldwln. Mexican Mexi-can Petroleum and several of the prominent utilities and specialities Kails were mostly higher though within with-in narrow limits. Foreign exchanges were firm, aside from German marks which reacted slightly , Crucible reacted 2Vi points from the early maximum but Gulf Stntes Steel extended Its rise. Advances of one point each bv Hothlehem. Mldvalo and t'nlted States Steels. Studebaker rose two points to the year's bcsi price. .tr-xican Oils continued to move forward for-ward with domestic issues. Including California Petroleum and Pacific OH. American Car. General Electric, Pressed Press-ed Steel Car and American and Rold-win Rold-win Locomotives made gulns of 1 to 2 14 points. Coppers, tobaccos and; rubbers strengthened with some of the food specialities. New York Conlr;il l nlon Pacific and Chesapeake and ' hlo comprised the firm rails. Call money opened at 3 per cent. Many additional gains wore scored In the more confident buying of the raid-session. U- S. Stools touched 111 a gain of 1 points, and extreme advances ad-vances of l to. 3 point swerc made by T.ackwanna Steel National LoaA U. S Rubber, American Ico, Peoples Gas Central Leather and American Sugar Crucible rose briskly again later with General Ele. Lrlc SlOSfl-Shef field Harvester and t'nltcd Fruit. Elsc-I Elsc-I i where early gains were well maintained main-tained The closing was strong