Show STO STOCK C ES MAKE GAINS Strong Interest Interests Start Heavy Buying Total stock wales sales shares Twenty 11 nty industrials Industrial nv averaged net gain sain JI high b l 1021 J low Jon I Twenty railroads averaged D net grain gain 58 High 1024 O low V NEW YORK YOnI Feb 16 Stock Stock prices made impressive recovery from yesterdays yesterday's extreme weakness in today's brief session of ot the stock market market Sales exceeded shares making it I one of the busiest busiest busi busl- est half halt holiday sessions in months Strong financial interests who permitted yesterdays yesterday's reaction to torun torun torun run its Is course were reported to have placed substantial supporting orders into the overnight with the result that the general list headed wih upward fro start Shorts who had sold stOCK a tr freely freely free free- e- e ly Iy yesterday hastened to cover diving giving giving div div- ing Impetus to the advance which ran from one to nearly six alx points in active Issues Constructive trade news which had bad been disregarded Fl Friday ay was given more attention Copper shares made mado more a quick response to another increase in the price of the red metal and steels reflected d tho the reports of increased bookings and expanding ot mill activity Announcement Announcement An An- that the senate oil lease investigating committee had taken takena takona a recess for tor ten days was reported to have attracted timid traders back to th the tho marl market ct United States Steel common closed 1 8 5 cents higher at 7 S. after ater having 8 1 touched Bald Baldwin win snapped back 2 2 1 points to 13 and American Can registered a similar gain closing at Studebaker 16 climbed from par to 6 S. Lorillard Lorillard Lri- Lri Loril Loril- lard Tobacco climbed nearly six points on the explanation of ot President President President dent T. T J. J Maloney loney l-loney that the failing fall fail falling fai- fai ing off in earnings in 1923 was the of result ot of certain constructive plans resul cerain made for the benefit of the stockholders stock stock- holders but not yet ready to be disclosed S Oils and sugar lugar gave good exhibitions exhibitions of group strength net gains of tons two o or r more points bein being re recorded recorded re- re corded rJ b by A American ln ee Beet er Cuban Cane preferred Punta AI Allegro gre Sugar Pacific Oil 01 and Houston Other etron strong spots in the tho Industrial and specialty lists included General Electric Corn Products National Lead May Department Stores Lad llY Chandler Motor all al u up up three points or more Rails flails Rals more which offered more resistance resistance rele- rele made tance to presure pressure yesterday yesterday more moderate moderato gains although several sev say eral issues notably New York Gen Con eral Southern Chesapeake Ohio St. St Louis Southwestern Seaboard Air Line I preferred and n New Orleans Orleans Or Or- leans ns Texas Texa Texas showed h net t tga ga gains Ins of ot a oln or more l Foreign exchanges were reactionary reaction reaction- ary on heavy selling of all al European European Euro Euro- penn bills apparently based on the tho British bis dockworkers dockworkers' strike Demand De Dc- mand mend sterling dropped a cent to 28 3 4 3 and French broke 8 points to l Ic or less than 10 points above their extreme low record rates Other rates yielded in sympathy sym sym- pathy The weekly clearing house statement state state- ment meat showed Increases in in most ost principal Items Loans Lans discounts and investments advanced 3 reserve of member banks banks in In Inthe inthe th the federal reserve bank gained 1 and reserve In depositories Increased Net demana demand de deposits deposits deposits de- de posits dropped and time deposits Aggregate re reserve reserve reserve re- re serve totaled leaving excess reserve of an in increase increase increase in- in crease of ot over last lat week U UNliSTED FOREIGN BONDS GOVERNMENT IT Furnished by J. J A A. A Horle A Co I Bid DId I Asked Argentine Is 45 1 a Brazil 45 1900 6 0 30 do is C 03 59 63 61 do dl 08 48 50 Buenos Duenos Aires 08 06 O 4 do Is 16 15 large 66 56 6 do small l lari 58 56 58 S do mal Cs 61 due 26 16 91 97 Cub Os 29 large 98 95 98 58 97 do small co Copenhagen nS ln 45 49 01 l 9 75 m 76 Jap Os 47 07 9 72 12 4 07 Norway l' l 62 46 45 47 C do 04 31 45 47 41 Par Ky Cs ES Oi 3 40 Sao Paulo Os 36 ila do Is 47 07 8 6 5 6 do 45 06 i 09 70 EASTERN EASTER MINING QUOTATIONS by J. J A. A Io le Co 5 I ld I Asked I ChIef Con I Coppet Mines Con Davis Coppel Dal Daly 3 87 Emma OO 00 I Iron Blossom 29 32 Mason Valley 50 1 5 11 I raon Valey Iron OhIo Mesa Copper 1 72 77 I New Cornelia 1726 1725 1 1775 Nevada Cornela Douglas 01 02 02 Park City M S 8 i park Utah 4 O 41 I 01 02 Lead I Sliver Simon Ring Silver I Con ea 45 IU U Verde Ext 1600 2650 I United Eastern 35 western Utah Copper Coppe 00 80 30 36 35 ener JU NEW YORK YORK Feb Wheat Wheat Spot steady No 1 dark Northern spring c. c II iS seady f t. t track Now New York domestIc 4 I No 2 red winter do 21 No 2 hard winter t. t o. o b. b No 0 1 ManItoba Maul ManI- I toba do do 1 and and No 3 mixed durum do I SPot Corn Spot Cor-Spot 11 steady No 2 yellow c. c I. I I t. t N New w York rail rai 7 c No I white I do 9 C No 2 mixed do a aI Quiet lo No 2 whIte I 1St oat other S articles unchanged TURPENTINE SA V ANN H Ga Feb 16 Turpentine Turpen- Turpen tine firm 05 sales ele 27 receipts 54 5 shipments 6 stock tock Resin firm lale sales receipts shipments 03 stock DRIED BEZEl DRED I FRUIT RT NEW NSW NEW TOR VOlt Feb 16 Evaporated n.-Evaporated ap ap- ap pIes fl dull dul Prunes prune Irregular Apricots Apricots- AprIcots pie Choice scarce Peaches Peache firm Raisins steady R CLEAnSING O HOUSE JOSE BANKS NEW Feb Feb The 16 The The actual condition of clearing house housa banks banke and ad trust t companies for the tha wick week show chow an excess tr in reserve of ot This Thi 1 is I. an Increase of I FLUR FLOUR 1 MINNEAPOLIS POLIS Feb eb 16 Flour Flour Flour i u Unchanged Bran Bran 24 2550 I I COFFEE NEW TORi Feb eb 16 ottee no RIo Coffee Coffee Rio I Vo No 7 7 Santos No 4 future fu- fu ture turea steady i i May 1153 i July OHIO Oil OlI 01 PAYS P. 18 25 as S CENTS I Ohio Feb 16 Directors 36 DIrectors l.-DIrectors Director of ot the Ohio Oil 01 company today declared er dividend d of 25 5 cents cent a share a a payable ac Starch March a. a 31 1 to stockholders tg of ok i 1 record February brur 25 5 J |