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Show LIST RESUMES UPWARD TREND j I Public Buying and Rumors; of Dividends Largely-Responsible Largely-Responsible EW YORK. Oct. C. Resumption of 1 Wednesday's buying moverirnent lookl place at the opening of today! market o:ls and H" n.ii;ii .nunK the advance Standard il of New Jersey showed exceptional strength, salnlns: i 1, point, while Standard OH of California nni Mexican Petroleum moved up l to 2 points. Nearly nil the other oils Improved fractional!) Cocoa Cola, which has bet n nought heavily on speculative belief that extra ex-tra dividend disbursements are near was pushed ii J'i points to a new high record. Consolidated cipar. Vm-arloan Vm-arloan Can and Timkn Roller Bearing Bear-ing also sold at ni w icak prices. The American Wooli-n riimpny' announcement an-nouncement of Increased prices found expression In B I point rise in thai company'. sIikk Ralls and steels lagged behind the real of the lint. Heading. Delaware, Lackawanna & Western and Gulf state. Btee climbing climb-ing a point wltfl fractional giilni In ; most of th other standard shares In th group. May Department Stores. Famous Players, U. S. Alcohol. National Na-tional Biscuit and Continental Can all advanced a point or more. Easier money rates, Increased pub-Uc pub-Uc buying, lark of effective resistance B to pool operations and rumors that several ilarge industrial companies were contemplating: capital readjust-inent readjust-inent and either resumption or ln-crease ln-crease of dividends nil Influenced the continuation of ihe brisk advance In prices during the morning. The demand de-mand embraced lrtunlly the entire list. Standard tl shares weakened ter their Initial show of strength. New lersey falling back 3 point on profit-taking. profit-taking. Mexican Petroleum, however, extended Its pain to 4 points and wm followed to higher ground by the do-j do-j m-iic oils. Pierce Oil preferred beinc particularly prominent on a gain of 3 points. Studebaker was quite active, rising 3 points, and Postum Cereal also lifted up 3 H points. Call money opened and relewed at 4 per cent. |