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Show I I LIST RECOVERS FROM REACTION Sentiment Influenced By Investment Buying of Railroad Shares STEW TOTIK. Oct io. Substantia! mrovcrlrs from Thursday tsehnlcal reaction was made In today's stock market. Speculative sentiment wns H swayed by a broad Invcirtirncnt do-1 iiil mand for high Rr.de railroad shares. IKaaler moony rates and tho improvement improve-ment In foreign exchange also had a . heerful effect on nentlment. Sales' approximated 1.300,000 shares. B Stork prices made good rcmvn' H from Thursday's technical reaction at B , th opening, the whole list moving H forward In reapon-. to brick til for oil shares Mexican Petroleum H npem-d more than 2 points higher and H soon extended Its gain to f, while H Standard Oil of Now Jersey H pushed up 4 Vj . Official announce- 1 mfnt that no new financing was re- H quired by the Pacific OH company and IflBBftV that no dNqi'letuile u felt over the I dividend found expression In a 2 t point gain In that stock. Steel shares' moved upward on good buying of U. S. Steel common Which advanced a point. Railroad shares also displayed dis-played more, activity, Reading rising 1 and oNrthern Pacific 1 with fractional frac-tional gains by a number of other standard carriers. American Smelting. Btudsbaker, Baldwin, Columbia ' and American Ixcomotlve also were, strong. American Can wil pushed m M 3 points to a new high and Man- Ihattan Shirt mado a peak price on a gain of 1 point, but Atlas Powder and Kresge, were decidedly rccatlon-ary. rccatlon-ary. Virtual cessation of selling pressure, pres-sure, combined with tho apparent , ease with which pools pushed up thelri Iravonies, etimuiaioa me aavanee which spread over a broad list. High priced stocks continued to set tho pace. Mexican Petroleum extending Its gain to 19 points. Easier money rates and a good recovery In sterling exchango had a cheerful "fleet on sentiment, German marks continued their downward trend, selling at cents a hundred, another low record. Corn Products, St. Ixuis Southwestern Southwest-ern preferred. General American Tank. Electric Storage aRttcry and Glmbel rRotbers pr. ferred all sold I at new hign records ir trie Call money opened at 4' per cent. Price made further progress up ward in the early afternoon, an In creased Inquiry for ths ee tern :mr transcontinental railroad shares ele-vatlng ele-vatlng them one to three points wltl Reading and Delaware, Lei kawanni & Hudson, tho Btrono si ISSUSI A sorption of the coppers, Ami I Aijar, United Retail Bton Endlcott-Johnson. Endlcott-Johnson. Cluett-Peabody Porto Rtcai Sugar .American Express, ti M company and Pan-American "A" and "B" issues resulted in gains of 1 ; to 84 points. Concerted selling of the motors. Marino preferred end Crucible Steel halted the upward trend and there was B genera Pi lapse from the hlfTh level baker was hammered dow n three points and Plerce-Arrow prefl m I Maxwell Motors ' B" and 1 to 2V- Marino preferred gave way S ffc and Crucible Steel under Thura day's final figures Kresgi droppi I points while n: xi-. Petro i ran off 4 Vi from thi i ' Th closing is rttlMn', tl display of aggressive strength in tin final hour Induced extensive short covering wlto the result that a number of active Shan I i 1 at 01 around their best prices ol the d.i Mexican Petrol. -urn bounded up 1 3 : points over Thursday's final figure while Corn Products was marked up H five. Pan-American "A" and "B" each, Consolidated Gas 3. and Read-lng Read-lng " . the last named at a new high. LOCAJj IMVMU'MKNl 5ECCRXTTEH (As reported by J Ho.:ie & Co) RANK ST i M KS Bid I Asked. Bankers Trust . JUu i u ! I CO Dfl I Columbia Trust ... ' 90 .00 fleseret National ... .70.00 171.00 Deseret Savings ... Coi.ou, :10 00 I'lrst Nat. of Ogden i 3 l 'j 00 Tontl Natl Bank 150.00' Security Rtato bank i 100 00 Natl. Copper j UG.Oo; 150.00 Utah State National ,J 108.001 115.00 1 Utah Sav. & Trust ..( 100. 00 1 110.no ! Walker Bros. Bankers 111 00 21.00 Zlon's Savings ft Trstl 206 o0 210.00 INDUSTRIAL ST OCKS Amal. Sug. com. ..I 1,60 8.75 do Ss pfd S3. 00 S3. 00 Con. Wagon I 50. uu 56 . oO Homo Eire Ins. .. 315. 00, 322. oo . Independent Coal ...I .671 .60 Morgan Can ?s jfd 101.00 102 Mt States Tel A.- Tel , lo.t no i., .n Peoples Su pfd & com 2 .25 2.50 j S-J. Ks pfd lOu.U" 102 SO Standard Coal . . . . , . 60 . 55 , T.' gS Euel 7s pfd....' .80, . I'tah-Idaho Sugar , .1 3.35, S.-I'J Utah Fire Clay GO.OOj 1 Utah Pr. A LX 1st pfd 94 . 00 :iG 00 Walker Bros. D. Gds 200 . 00 Z C M I i 111.001 llfc.utl jai 'Nis 8 L. Stock Ex 6s 19291 88.001 90.00 8tnlrd Coal 6s 1923' 98 00 ft Pr A: Lt 1st Bfl 14 88 50 H3.50 I t Lt A Pr 1s 1930 .. .81.00i 88.00, CTf-TdS Sugar 7s 1930' 97.501 9l.00' Brtn Drng Dlst 6s '82 95.00 97.851 BITTUR AND EGGS. CHICAGO, in., Oct. 80. Butter, unchanged. i:cs, higher; receipts. 4. 1 3 J c.xs. j, firsts, 31U37C, ordinary firsts, 81 80c; miscellaneous. 300 35c; refrigerator refriger-ator extras, 26 He; refrigerator firsts, 26c. Poultry, alive, lower; fowls, 14 21c; turkeys, 30c; springs, 18c;i roosters, 14c. |