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Show VALUES STILL MOVEUPWARD Heavy Buying One Cause of Brisk Advance on Wall Street NEW YORK. BOV. 3. Profit-taking caused some hesitancy on the part of I'uynrs in today's stock market but It was Insufficient to check the upward movement In prices, which extended over most of the list- There was heavy speculative buying for both accounts ac-counts rallrj:wl shares taking ;i more prominent part in the day's trading Sales approximated l,OOU,lO0 chares. The upward movement of prices was continued .'it the opening, with speculators specu-lators for the advan e brinptm; lor-ward lor-ward new readers to rally tho llvt 1 "oiper, oil and merchandising shares wore most In demand, the gains ranging rang-ing from one to two points Yin-ri-can Sm King, Utah and Anaconda rarh lmprove.il a point with Slightly smaller gains being noted In National J ud and Butte & Superior. Standard Oil of New Jersey. Whit l was pushed up nearly two points, led the Initial upward swing in oiis. Railroad shares were less active but st. Louis .v Southwestern South-western preferred and Itock island each climned a point In the early dealings deal-ings uthcr individual strong BpotS I. May Department Stores Fisher liody, LJosch Magneto, American Wat- rworks. National Biscuit and American Ameri-can riting Paper preferred. Heavy profit-taking took p'acc at the higll r levels, Mexican Petroleum dropping a point, Standard Oil of New Jersey cancelling can-celling it? ..aiiy gain ami Baldwin and Imcncah Locomotives und Btudebak-I er all selling below Thursday night's closing levels. Following recessions of one to two ' points In many of tho leaders, the Major part of the list resumed its up- I v.'ard course under the stimulus of a broad demand lor railroad shares which advanced one to three points, i large blocks or speculative industrials, particularly the coppers, also W ere ( bought, the trend of prices indicating . a bullish movement on the part of! largo spcculatlv Interests. High prlc-ed prlc-ed shares did not fluctuate as much as hi j did Thursday but Fisher Body was conspicuous tor a jump of over , seven points. Reduction of the short; interest by heavy short covering In some part's of tho list was oftset by I profit-taking In others causing some j irregularity before noon. Call money upche riat five per cent. In the main the tendency was up- i ward during the afternoon with in-I d jstrials again coming Into favor M hen buying of the railroad shares i slackened. Standard Oil of New Jer- e i was quite feverish, dropping from 314)4 to 210 and then rebounding to its early high price. Studebakcr shot otf Its previous heaviness and moved Up to 1 - ! 1 1 Improvements of 1 to I ' points were registered by Alexius Alexi-us petroleum, .Tidewater Oil, People's Peo-ple's Gas. American Tobacco. Pierce Oil preferred, Mathlcson Alklll. Am- I erlcan Car, American Sugar and Cuba ' Cane Sugar preferred Intervals of I heaviness was shown by Haldwln and Ai, clean Locomotive?, National Lead, Consolidated Gs, American Can. i rtit rj Btatea Alcohol Texas Gulf Sulphur, Sul-phur, Pullman and Postum Cereal. An announcement of an advance In ; automobile prices by the StuJebaker corporation and heavy absorption of rnlted States Steel which was pushed I Up points, furnished the lnip tus for another brisk advance in the later dealings when activity was at its, height. |