New Britain herald., 1926-09-15
BEARS RESIST BUT
 BULLSPUSH AHEAD
Pools Also Are Active in Many
 SpecialtiS Today
By the Associated Press.

By the Associated Press.
 New York, Sept. 15.-speculators for the advance encountered stiffer resistance in their operations in to- days stock market. but they main tained control Of the price move ment during a greater part of the session. A record breaking car loadings report, optimistic weekly steel trade reviews, indications of a falling off in crude production and the usual crop of dividend and mer- ger rumors helped to create bulllsh enthusiasm.
 Pools were again active in a number of specialties, but they had to work hard to attract a public following. A number of issues were elevated to new high levels for the year including Cudahy Packing, Howe Sound, Butterick, Loews, White Sewing Machine, Interna- tional Business Machines and sev- eral of the tobacco issues.
 General Motors and Mack Trucks were again taken in large blocks at advancing prices. the former touch- ing 152, or nearly 12 points above the low price on Monday when the 50 per cent stock dividend was de- ducted from the selling price. Other motors were mixed.
 Revival of activity and strength in Bethlehem Steel was accompanied by rumors of possible resumption of dividends in the near future. Copper shares also registered im- provement under the leadership of American Smelling. A S-point gain in Atlantic Refining was one of the features of the oil group.
 The outstanding development in the rail list was the brisk demand for Nickel Plate" common which scared points to new record high at 1S9l2. IF the absence of any new development, this move was construed as forecast of some fav orable development in the Van CNtllllSCll JlltI paul
 Wall Street Opening.
 Stock prices forged ahead under the leadership of representative rail- road and industrial issues at the opening of todays market strength ening the belief that the recent correctionary reaction had run its course, General Motors scored an in- itial one-point gain and several new high records were established by such issues at Granby, Mining and Tobacco products.
 Energetic buying operations con- tinued throughout the early dealings with many leading stocks dealt in ex-dividend speedily making up the deductions on that account. Among these were Mack Trucks, Hudson Motors and Phillips Petroleum. In dications of sustained business activ- ity substantiatcd by the highest car loadings on record for the week ended Sept. 4, promoted more az sressive pool activities. Buying or derS were distributed over 0 wide list, with tobacco, motor, public utility and motion picture shares standing out most prominently in the advance, Public Service of New Jersey and International business Machine were heavily bought, both reaching new top prices for the year. Rock Island. Texas and Pacific and Atlantic Coast line led the rails 10 higher ground.
 Buying in anticipation Of increas- ed and extra dividend payments ac- centuated the upward movement of the forenoon which carried num- Der of shares up from to points. Many ordinarily neglected stocks figured conspicuously in the buying indicating that the pro- fessional element was seeking out laggards. Sweringen railroad mer- ger accounted for a jump of five points in Nickel Plate to 1S7 1-2, the highest at which 1t has ever sold. Commercial Solvents E shot up 6 1-2 to 176, also a new maxi. mum figure. The renewal rate on call loans was maintained at per cent.
 High Low Close