Show RADIO STOCK LEADS MARKET Two Million Shares Sold SolIn In Wall Streets Street's Busy Day NEW y YORK m Jan Jon A 2 2 A A boiling tock stock market was Wall Vall street s of- of of official tidal welcome to Ne New Ness Year Lead by Radio Corporation which soared 13 points to a a record high at 77 the tho general list and arid ru- ru road road shares share swung up upward ard as bu- bu ng bui-ng Ing orders poured Into the tho mar mar- market market k ket t from all alt sections of or the tho coun- coun count try coun-try t 3 11 Despite tho the crippled wire ire of or commission house houses the tho days day lay sales Ies approximated 2000 2000 00 00 Rising stock toek prices ushered In Inthe Inho the tho New Year In the tho stock tock e- e ex exchange change at the opening The first sales wits was shares of or Tidewater OU at up tip Tho first 26 6 5 quotations were either unchanged or showed advances 0 over oser er Wednes Wednes- Wednes Wednesday Wednesday day s final figures Radio Cor Cor- Corporation Cor- Cor Corporation standing out with a gain lot of 4 44 points at nt 69 a a record high hight Atchison Reading and Pan Amer- Amer Amerlean ican t lean A each advanced a 11 point General Electric dropped 3 points on the first tale sale tN CA cAi RISES Heavy bU Ing orders many mony of oC them apparently representing the reInvestment of oC January Interest and dividend payments payment poured Into the tho market United States 8 Industrial Alcohol and May Do- Do De Department Stores each catch 2 points Lehigh Calle Callet moed up 2 and United States State Steel common Famous American Can Pacific OIl and Railway Stool Steel Spring added to the tho list of ot stocks to ad- ad vanco ad General sanco anco a point or mOle Electric mado up Its Initial loss and then reacted again whIle Radio Corporation yielded about S 2 points on profit taking The feature of oC the foreign exchange market maret a was the tho sharp advance an sterling exchange demand bill bills beIng quoted at 4 74 16 11 the hIghest rate since J 7 P Morgan and company announced the aban aban- abandonment of ot the tho war time Ume pegged price In 1919 Other rates were ere tady OIL SHARES SlL Am D CJ Cr CrA A spirited demand for tor the oil shares many of or which t O to three points l the entire list Into greater strength and activity Ity during the morning Speculative and invest ot investment ment merit interest ho hoe however e er e l largely in the industrials the only point of at early Interest in the osil group being the demand demond for Kt Kat preferred which ad It a point Fool operations were ere conducted In a number 1 II or of specialtIes several of at which J eclipsed their 1924 high quota quotations lions Equipment and public utilities presented e ses several eral points or of marked strength American Car I soaring 6 63 point Electric 5 F Steel Car American Express and tack hack Truck tour four each and Elec Elec- Electric Elec- Elec Electric Inc Storage Battery and arid F three each General Elec Ilee- Elec- Elec Electric Electric broke eight points to lO ill with witha witha a marked decline also alo taking place In the tho stock of oC the thc new segregated public utility holdin companies in III the tho outside market Sears Roebuck Sears Roebuck dropped Ine 1150 poInts Call mone monc opened at 5 per cent but soon e led eased to 4 In the tho afternoons a UP upward I mo ement buying ran to the tho low priced ds and Spec Spec- Speculative an assortment ot or 14 Interest was os f On Corporation which Mch touched 10 Bosch Boch 73 a n rise of or points Magneto which has also begun the manufacture of or radio appliances once ances was as bid up 6 II to 39 Omaha St Louis Louts South Southwestern United Fruit and American LIn- LIn LInseed Linseed Lin seed red rose 3 to 4 points The Tho closing was os strong Selling by professional traders trader who ho ito ito- de deterred then thea paper profits into cash In order to 10 reap the benefits of or the proposed tax cut this lear ear was well absorbed and the mal continued to rOI fouge ge ahead in the late Inte dealings Jersey Central jumpe 8 points and II a number of or other rails extended their early gains from froni rom 2 to 4 points 1 I I |