Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-10-29
BUYING 0UTBURST
IN MOTOR SHARES
Dozen New High Levels for
Year Made in Today's
Wild Stock Trading.
By STUART p. WEST.
Special Dispatch to The star.


NEW YORK, October 29.-The
stock market was extremely active
and generally strong today, with a
large number of new high records and
gains of 3. 4 and more than 10 points
IN numerous industrial leaders. The
~olume of business was we'll up to the
vcoid for the sea son and so was the
total of separate issues dealt in.
While heavy buying operations
were going on in a large portion of
the list selling was taking place
quietly in other directions.
Motor Shares Head List.
The motor shares again led the up
ward swing. The General Motors re-
port for the third quarter, which came
fully up to expectations. was strong
bull argument. Accordingly General
Motors common stock shot forward to
its best prices for the year and on an
enormous turnover some of the other
motor and related shares went along.
They included Packard. ChrySler COM
mon and preferred, the common about
10 points above Wednesdays final:
Goodyear preferred, Dupont. Fisher
Body and Goodrich common and pre-
ferred. All these reached record fig
ureS. PierCeArroW was a feature and
gains of a point or more occurred in
other members of the group. WHY'S
Overland common felt the effect of
r.. third quarter earnings statement.
-&ich was not as good as had been an
ticipated.
Stocks at New High.
The stocks which rose to fresh tops
for the year took in Consolidated Gas
u,
Reid Ice Cream. which rose several
points again; American Radiator. Con
tinental Can. Montgomery Ward and
Sears, Roebuck, the latter up 6 points
or more; International Agricultural
Chemical prior preferred, Pacific
Gas and Electric, which was promi
nent feature among the public util
tiles; General Railway Signal up over
20 points; United States Realty, Wool
worth. National Dairy Products.
Julius Kayser preferred. American To-
bacoo "B," Thinker Roller Bearing
and May Department Stores.
Sugars Turn Strong
The sugar shares were notably
strong with Cuba Cane Sugar pre-
ferred, Punta Allegro and Cuban-Ameri-
can all higher. American Beet Sugar
gained over 3 points despite the an
nOunCe1nenI OF cut III Deel SuEdT
prices. The immediate incentive was
the further advanced in raw sugar
quotations, undoubtedly the buying. to
a larger extent, represented by short
covering.
A few of the independent steel
shares We're bid up. Shloss Sheffield
made new high and so did Gulf
States Steel. British Empire Steel also
made a new top, and Ludlum Steel
gained ground.
Coast Line at New Top.
Atlantic Coast Line sold at the very
best prices for 1925. and so did Nickel
Plate. Western Pacific common and
preferred.
American Bank Note common rose
points or so in response to the an
nouncement of a change in the par
value. an extra dividend and an in
crease in the regular disbursements.
Pan-American "B" and Pan-American
Western issues were leaders among
the oils. American Internationals
rise fitted in with the bullish refer
ences to that stock. Federal Mining
and Smelling stocks again distin-
guished themselves. American Wooden
and Laclede Gas were features.