Show MARKET HESITANT Traders Ignore Reports of Downfall in iii Germany New York March 13 The 13 The stock tok market was hesitant and Irregular as asto asto to price changes at the opening of to to days day's brief trading period but soon moved forward trailers traders Ignoring re re- re ports of tile the downfall of the German re republic pub I ic Rails comprised the most noteworthy feature as a group many of these Is Issues s sues adding 2 to 4 points to recent gains and showing extreme advances of 5 to 10 points for the week Individually Crucible Steel stood out as the most conspicuous stock Its steady ad advance advance ad- ad vance of 16 points to after an early decline of 2 21 points being accomplished accomplished at the tho further expense of the tha short interest General Motors which usually moves In common with Crucible was most er erratic or- or losing 4 points at the outset rallying rallying ral ral- lying 6 and closing at a a. fractional lass Other OIlier motors also steels and monts were 1 to 5 points higher Chandler Charm Chan tIler and American making note noteworthy noo- noo worthy gns with several of the ship ship- pins pings Oils were apathetic Sales amounted to shares Aside from sterling which declined slightly the foreign exchange market mane made no material response to the dIsquieting dis disquieting quieting German situation Even marks In which dealings were reported as nominal yielded only moderately The bank statement Indicated that precautions precautions had been taken to fortify the money marmot market against next weeks week's heavy tax disbursements Actual loans Increased reserves of mem- mem bore in the federal reserve bank gained I about and excess reserves I rose to against last weeks week I meager total of utilities the bond market including foreign Issues was steady to firm firm United Kingdom of displaying especial strength Sales par value Old United States were unchanged unchanged-on on call for time the week |