Show Wall Streets Street's Close Is Strong Markets at a Glance NEW K YORK TORK Stocks strong Baldwin fluctuates nearly i 40 lsne heavy heary ForeIgn exchanges mixed sterling and franc lower Cotton Tor bI crop t trade buying Coffee higher European CHICAGO Wheat weak bearish weather report Corn declined weather CeltIc weak sneak Hogs irregular NEW YORK Jun 11 II AP Ap lag Inc to the th placing ot of large larg supporting orders and the buying of hunters hunt hunt- ers es stock prices mad a brisk recovery cry ery today the disastrous break of J A few soft spots cropped out here her and there but the th general trend was upward Standard industrials indus trials nd rails rallied l 1 to C points and several of thC th specialties wile ware marked up S to Co nearly 10 points Trading which crossed created the th share shar mark yesterday for the th first time In stock exchange history was only moderate mod mod- crate erate in volume volum today Call mosey money renewed at S per cent with a fair faIn supply available in view ef of tb the heavy month end demand for funds the morning rally helped to reviva re- re viva confidence uneasiness was wan still apparent with a a. rather widespread wide wide- spread Cad tendency o 0 nth part of y traders to lighten holdings on the th cal cal- r l- l lies lles R. R H. H Macy Maci and National Tea Which did not sell yesterday changed hands bands today at prices 41 49 and 22 points respectively below their Wools quota tio s. s Boosts Insurance broke brok IS 15 points to but made mad up its lots loss by early afternoon Radio opened S points hither higher at 17 but encountered rather stiff re- re around that level and mi was pushed back several points The Th recovery was stimulated however by two bullish news developments a. a confirmation o reports that negotiations were pending for a merger of the th Pierce Pierce- Arrow and studebaker automobile companies corn com panics an and advance In Pennsylvania crude prices the first sine sInce December 1127 1927 Weekly steel trade reviews report a further falling off in production with new business light In volume priced High specialties led the th rally Case Casa Threshing Machine ran up 1 9 points points' CurtIs Aeroplane 7 Arrow PIerce preferred pro pre 6 H. H International Telephone and Wright Aeronautical 6 S each and antO American Amen Ameri can Express Allied Chemical Adams E Ex Express torsos press American Linseed American Telephone Tele- Tele phone phon and National Biscuit 5 points points-Cr Among the th many issues to soIl sell 3 to 4 points higher were General Motors Mo Ito- tors tori Ward 6 Sears ars American International N New w York Tot Central Contral Con Cen Union Pacific and Consolidated Gas Ga The Th closing was strong of yesterdays yesterday's losses and a good deal more mor besides was accomplished Ir in the th mole mole- orb orlo of the th which pushed many h stocks from S I to 32 points above this th previous close clos they faltered on realizing Baldwin which started 7 points lower at ro roto ross to and then dropped to Total sales eales approximated shares |