Show IN ilOW RAI Al L 57 13 0 0 TRADERS S ER-S Bear Raids Have Little L Little tlc Success NEW YORK TORK Fel Fet 4 Strength and activity of ot the low priced railroad shares imparted a a. lit firm fir tone tonE to the general list In today's stock market marlet Bear Beat operators tried to bring about a reaction by intermittent attacks on I American Can and Davison Chemical I but except In those thoe Issues they failed to malts make much headway mate Sales Balei nn approximated up ap- P shares Bae Stock prices di displayed a firm tone at M the opening which was wV featured by a renewed demand for the low I priced railroad shares shares Wabash i pre pre- re- re h erred ee A advanced ti C 1 r to 42 2 pre pre-I the highest t price r in month o and several ve other payers advanced fractionally Sugars also developed group strength American aso n Can r-an Can I yielded to t profit taking Tho whole market swarmed into a I broad m movement before noon with the low priced rails calls rUs leading the ad advance Call I vace Ca money opened at 4 43 per cent a Y Harked d weakness developed In Da- Da I Da-I vIsion which broke points and antS f American Can which ex cx tended its Sta loss IMS to 2 With the ex ex ex- I of or St. St Louis Southwestern Southwester 1 which c yielded a a point a-point point t on profit f talc talc- lag ing the h low priced rails lf showed strength Erie touching a new top at c 28 International Harvester advanced ad 2 and gains of or points were reg l ered by a a score of Issues includIng ing Hayes Wheel Du lont General Generl I Electric Standard Oil 01 of California Mexican Seaboard aboard Shell Shel Transport i I Louisville Nashville and L Liggett gett Myers Foreign exchanges opened I lower demand sterling dropping to Buying shifted to a large extent Into I the tho favorite industrial In the early afternoon United States Steel climbIng climb climb- I I Ing g to a aa new sr 3 high price for t the year i at 1 IDS and Studebaker b and Baldwin IJ touching 10 and respective respective- respect e t I 1 ly 11 American Can held beld well in its is recovery to Oil 01 shares also were treely freely bought particularly Standard d Oil 01 of California the Pan Americans and ad Producers Refiners The closing was firm A A. bullish demonstration in the oil 01 group which carried cared Houston more than 5 POI points ts above Saturdays Saturday's closing cosing quotation was used as a a screen for tor taking in other sections of ot the list in the late dealings but hut the tho general market marlet held well well |