. New York, Nov. 12.
Prices on Wall Street today opened higher, with gains mostly from fractions to about two points recorded. Stocks advanced under the leadership of steels, with profit taking readily absorbed. Most steel issues recorded new highs for the year, on expectations that steel mill activity will reach a peak of 65 to 70 percent. of capacity before the end of the year. Farm implements responded to prospects of larger farm incomes.
Copper shares were supported, although the decrease in copper stocks was below general expectations. Meanwhile, sentiment in more cheerful with the seasonal outlook, coupled with encouraging business news, strengthening long term optimism. The turnover today amounted to 1010,00 shares.
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