Evening star., 1925-02-26
NEW STOCKS Join
IN DAYS ADVANCE
Fresh Lot of Issues Include
Motor, Sugar and Ship
Shares, Long Inactive.
BY STUART p. WEST.

bf p"
Special Dispatch 10 The Star.
NEW YORK, February 26.-Opera-
tions for the rise in the stock mark et
today were extended to fresh LOT
of issues, in which speculation has
played little part in the recent trad
ing These included the motors, a
few of the sugars, the shipping shares
and a number of industrial special
ties.
The big feature was the upbiddins
of several high priced stocks of the
type of Associated Dry Goods and
Nash Motors. where the floating sup
ply has been greatly reduced and the
public interest is small. The possi-
bility of a capital splitup figured in
the buying of nearly all these stocks
The general body of the list was
strong, although the volume of busi-
ness was comparatively small as il
had been the preceding day.
Motor stocks Leaders.
Motor stocks were the leaders, follow
ing out a movement which had become
well defined toward the close of busi-
ness Wednesday. This time, however,
it was not stocks like Studebaker, Cen
eral Motors and Pierce Arrow, to which
so much attention was paid. Rather,
the big trading was in ow-priced issues
nent, among them Packard, Hupp and
Moon WHY'S Overland preferred ran
up sharply.
Shipping stocks were in demand
under the lead of Atlantic Gulf and
West Indies. which crossed 34 Marine
preferred was also strong. In Allan
tic Gulf initiative appeared to be
coming from sources which have been
particularly successful in other direc-
tions during the recent bull campaign.
LacIede shares Strong.
Among the public utilities, Laclede
Gas was the feature, with jump OF
more than II points. Peoples Gas of
Chicago went along, and Columbia
Gas sold at a new high above 81.
There was more activity in STANDARD
Gas and Electric.
In the railway section there were
few features. Louisville and Nash
willie, which had started up on the
previous day, was one of these, jump
ing 2 points on talk of increased
dividends. other members OF the
railway group held steady most of the
time, but showed no disposition to
resume their upward movement or
few days ago. The report of the st.
Paul for January made better show
wise, the monthly earnings figures of
some of the other carriers, including
the Baltimore and Ohio, the New
Haven, Lehigh Valley and the Pere
Marquette, were higher than for jan
uary, 1924.
SpecfaIties Active.
Among the specialties Remington
Typewriter ran up sharply. Asso-
ciated Dry Goods shot forward again
in remarkable fashion, and May De-
partment Stores was also strong.
Sears Roebuck was in demand and
Central Leather preferred went
higher Great Western Sugar was a
strong spot in it's group. Other sugar
shares, including Cuba Cane Sugar
preferred, were stronger.
The weekly statement of the Bank
of France threw further light upon
the recent decline in francs. With
loans to the government stationary,
and with no change in loans and dis
counts, note circulation had q further
increase.
Columbia Gas Strong.
Columbia Gas and Electric continued
active following the announcement
Wednesday that the company had
acquired the Dayton Power and Light
Company. The Columbia Gas president
stated that by this step the huge
natural gas resources of the Columbia
Gas system, its present power facilities
and those of the Dayton Power and
Light, will be unified, and insure the
industrial territory served a greatly
strengthened public utility
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