Show Wall Streets Street's S Close Is Is' Strong StrongS S f S Markets at a Glance Glance NEW YORK Stocks strong Vanadium Steel rises five points S Bonds Dond steady Rio de do deJaneiro Janeiro Issue oversubscribed S Foreign exchanges mixed sterling and francs franci higher Cotton lower loner easier southern marCS mar mar- ket S CS easy weak spot market Coffee declined disappointing Brazilian cables CHICAGO ChIC Wheat lower large Argentina shipments Corn easy Increasing receipts Cattle Irregular Hogs steady NEW YORK teb 2 AP AP Major speculative activity In today's stock mar mar- arket ar- ar loot ket was again on the upside although weakness cropped out In the oils most ol of which sank to new low ground and come of the minor specialties Violent advances again took place In a a. o of business appliance public utility and Independent steel shares share Motor and baking Issues also presented several points ot of strength Despite the continuance of the S percent pet per cent rediscount rate by the Philadelphia Boston and St. St Louis federal reserve banks some uneasiness was still apparent out ent over tile the credit situation Call dropped from 4 to 4 per cent aa as the February dividend and Interest disbursements returned to the banks Directors of the New York federal ie- ie serve bank hold their weekly meeting after the close of the market The urgent retreat of tile the short Interest Interest Inter Inter- est accelerated the rise in many of the specialties International Business Machines Machines Ma Ma- chines soared 11 points Burroughs Adding Adding Add Add- ing 3 9 Phoenix Fidelity Insurance Insurance ance and Warren Bros each a about 7 points point and Montana Power Vanadium Steel Williams Peoples Gas Gold Dust and several others oth ers erg climbed 3 to 6 points Packard lackard Studebaker and General Motors led th the rt rio 3 In tile the motor group and National Biscuit and Ward Baking B headed th the therise rise in the baking Issues Fox Film turned heavy on the an announcement announcement an- an of new financing Brooklyn Brook lyn Edison Porto Rican Tobacco Christie Chris tie Brown and American Zinc Zino preferred also were under Udder tilling pressure At Refining and Houston OH which broke sharply in the early trading re recovered ye- ye covered part of their losses by early at- at The closing was strong Expanded buying of popular shares such s r-s American Amen Ameri can Can Consolidated Gas Radio and nc International NIcKel was wag supplemented In the final hour by a brisk inquiry for foi forthe the rubber and various specialties Ir in which pool operations have heart been under underway way for some time Railroads which had bad been sluggish began to show more mor vitality particularly the investment Is- Is sure Total sales approximated 2100 shares |