Evening star. [volume] (Washington, D.C.) 1854-1972, 1925-11-01
MOTORS ADVANCE
IN LIVELY MARKET
Other Sharp Gains Made in
Halliday Session-Rails
Are Strong.
sy the Associated Press.


NEW YORK, October Sl.-HeaNy
huying of the motor shares. several
Of which attained new high prices for
the wear, was the feature of today :
brief hut active session of the stock
market Sotal sales We're l,34b,ooO
shares.
Studehaker. which fuctuated fever
Ishly between 81 and &c prior 10 the
dividend announcement, leaped 1of-
ward TO a new 1925 high at 6S. when
Ii became known that the regular an
nual rate had been raised from ~
20 s. and am extra cash dividend OF
81 declared.
Hudson Motors Is Run Up.
Hudson. which sold TWO weeks ago
below S93 a share. was run up To
new high record at III, net gain
for tho day of 3 points. Niilys-ONer'
land climbed more than points TO
new top at 1873, and Dodge Bros.
attained a new high price a IN.
hut slipped back later 10 46ls Tor a
net loss of | point. The combined
sales of Studebaker, Hudson, WHY'S
Overland and Dodge totaled approx
mately S25. 900 shares, or nearly one
fourth of the DAYS entire business,
with buying being influenced 10y re-
ings. Jordan moved up ; points To a
new high AT SO. and Mack Trucks
SCARED over IL points To 23N. dupl'
eating the record high.
Rail Group Active.
Standard induSIrials displayed a
firm underione. the average OF -
leading issues OF that group touching
new record high level. United
States Steel common declined slight
" to l2S on a very small turnover
American Can showed gain of =
at 254 on the sale of few hundred
shares Baldwin climbed over a point
TO l23a4 on reports of increa sing rail
road inquiries for rolling 30 X.
There We're several interesting
movements IN the railroad group
Stocks of Southern carriers were again
in brisk demand. Atlantic Coast Line
jumping points To a new record hlSf
at 22O. and then losing half OF its gam
on profit.takinc: Louisville and Nash
VILE moving up points To new tor
at 1873 and Seaboard Air Line common
climbing over points I" = neW ma II
mum at 52s.. PENNSYLVANIA sold W
to SOS. the highest price since 1917.
ST. Paul Issues Strong.
Spirited bidding for the st. Paul is
sues, in apparent response L" me an
nouncement that over ;" per cent ot
the bondholders had deposited their
securities under the Kuhn, L"eh-\:
tional City reorganization pla n. carried
he preferred stock up over ; points
to 1885.
Extreme buoyancy again developed
in some of the high priced specialtieS
Loose-Wiles Biscuit scared II points
to 1876: Coca Cola jumped : points t,
10. and du Point, Foundation 60. ano
United Drug each advanced more thar
4 points, all TO new record high prices
Revival OF activity in Brooklyn tnior
Gas, which touched a new high al
aS&, was based on reports of an enor
NOUS increase in business az result
OF the coal strike, the company being
in an advantageous position because
Of it's use of fuel oil. Further accu
mutation of Internal onal Nickel sem
that stock ito a new high at 39i2
Foreign Exchange Quiet.
Trading in foreign exchanges was
rather quiet, with fluctuations narrow
and irregular. Demand sterling solo
down close to S4.S4ls, or around the
so-called gold point" French franc:
were a little firmer. again selling above
4.20 cents Japanese ven developed
further strength. cables being quoted
at ALSO cents. a gain of nearly hall
a cent in the last week.