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Show STOCKS, BONDS AND COMMODITIES IMPROVE AFTER SLUMP MARTS BECOME MOREORDERLY By ELMER C WALZEB I'nltrd Preaa Financial Editor NEW YORK. Oct. 20 Marketa became more orderly Wedneaday aa atock gained 1 to 4 point In th main list, while a few had ad-vancea ad-vancea ranging to mora than point. Bonda firmed. Including U. 8. government. gov-ernment. Commoditiea improved under lead of wheat, which gained 1 7-8 to 2 1-4 centa a buaheL Trading on thr atock market atill waa active aa compared with recent re-cent aeaaiona. At the end of the fourth hour the total turnover waa 3.450.000 aharea. againat 8.860.000 in the corresponding period y-terday. y-terday. Buying Develop Demand for atocka waa aufflcient to absorb additional margin aelllng In the morning and profit-taking n the afternoon. Buyers included investment trusts, soma foreigners, a group of amall traders and floor professional. Small tradera, whoa odd-lot aalea were very heavy at yeaterday'a lows, bought large amount In odd-lot today, according accord-ing to brokerage houses. For a time after the opening, which was marked by blocks ranging rang-ing to 6000 shares, there waa almost a scramble to buy. The market developed de-veloped thinne on the upside aa holders of stocks named their prices. Advances were general, although al-though steels were unsettled by an early 3 I S point drop in U. S. Steel and motors yielded fractionally. fraction-ally. Steels Recover U. S. Steel made up all It loss before noon, slipped back again and recovered late in the day when considerable con-siderable short covering cam into the market. Other steels performed better. Youngatown Sheet and Tube at one time sold at 44 3-4. up 4 1-4; National 64 1-2. up 3, and Republic Repub-lic 17 3-8. up 1 1-8. Chrysler was active after opening open-ing 1900 share at 60 1-4, off 3-4. It rose to 66 1-4. up 5 1-4. General Motors crossed 40 for a gain of 2. Imminence of the automobile? show brought in soma buyers into automobile auto-mobile shares. High-priced issues made wide gains. Du Pont reached 129 7-8, up 9 3-8; Allied Chemical 168, up 7; American Can 91, up 8; Johns Man-ville Man-ville 86, up 5 1-2; Hercules Powder 112. up 7; Coca Cola 108 1-1. up 8 1-2; Wcstinghouse Electric 105, up 6 1-2; American Telephone 161 3-4, up 4 3-4. (tllltira Improve Consolidated Ediaon was tha feature fea-ture in utilities, rising 3 3-8 point to 28 1-2. Mall order share shot up under lead of Montgomery Ward. Aviations came back sharply. Coppers Cop-pers improved with the market for copper metal abroad. Paramount was active and strong In amusements. amuse-ments. Rubbers, oils, and a long list of miscellaneous issue made good gain. The tape ran late again on a rising ris-ing market near the close and last price were around the day's best. Wall Street was heartened with performance of the market, but atill cautious on anything but a technical comeback. |