Show INTEREST IP IN Il COPPER STOCKS INCREASING BY nY DE WALL AIL New Kew York March tarch 20 Automobile WaR Wall streets street's attention atten stocks monopolized Vl aten- aten tion ton toda today with wih General General Motors in leadership leadership lea lea- and Stutz almost equally equably active eual Other stocks were quiet but considerable consider consider- able able Interest was taken In thc the Uie copper shares because o of the plans to finance in America the sales to Europe Rails Rals I were all al quiet Although no official statement could I be b obtained regarding the financing of or Europe's purchases o of copper in this thu country it was sala in authoritative c quarters that the report is well wel ed There has been a a- ashor shor interest of QI ee Importance auice In time the copper stocks for lou months This has begun io to covel cover and can cover at good profits even cven after the recent advance Tho The entire entre copper group was up and closed strong strOng The actual bank statement today tolay showed surplus decreased 3 loans decreased and ant net demand de ce- ce mand deposits increased The average n statement showed surplus increased loans increased and net demand deposits In Increased Increased increased In In- creased 0 The federal reserve bank hank of NewYork New NewYork York Te showed re reserves erves of or ss against deposits and federal reserve note lia liabilities ha- ha la- la combined compared with wih a week weel ago and a year ago ngo The bank statement marks the turnIng turnIng turn turn- Ing point in the demand for money for tor tax purposes It w was ws s regarded in inVal Wall Vall Wallstreet Val I street as unexpectedly good The government government sov- sov gov gov- will wil probably draw out considerable con con- money on Tuesday from rom the banks but there are n no great drains of or importance In the tho near future and brokers say they can see seo easy money In the not distant future Pools have been beon encouraged by the tho banks bank to ar arrange arrange arrango ar- ar range for campaigns in popular Issues and the banks believe beleve there will wi be an all abundant supply o of credit for tor several weeks |