Show Recovery Made 16 On N. N JUT Y Curb Merger Rumors Stimulate Demand for Natural Gas Stocks By STANLEY W W. Associated Press Financial Editor 1 W K Jan Ja 25 5 on n T tho Now York curb urb exchange wade made further U recovery err In today's s market mark t but w week end ek profit taking profit takIng sale re retarded re- re the tile advance and inos most of ot the n net t ains lma small 11 Trading was faIth fairly heavy for a a. hollday session sea ses SlOP sion with pool laking taking a a. moro prominent nl in part pirt thIS the days day's pro pro- al of or merger rumors tho the demand for some of oC the tho natural gas stocks United Gas standing out with a gain of oC about 3 points Power and light stocks moved upward d under tho ship of or American Gas and Electric Elec Elec- I c- c which advanced 4 2 1 points Associated Gas and Electric A American l Superpower and Electric Bond and Share showed allowed only fractional frac frac- I gain gaI Tampa Ic was Wll ono of tho the few soft Olt spots in thia that group V Fox Theatres closed nearly a a. point In sympathy with an ad advance ad- ad vance ance In the parent Issues on the tho big l J Lerner Stores was marked up moro more than 4 points on buying presumably influenced b by th ho tho recent publication of ot an excel excel- ent 19 1929 1923 earnings report A A. O. O Smith jumped S 4 5 4 points on a n. afew few ew sales tho the r reported ported Increase In Inthe Inthe the he demand for steel and iron prodUcts products prod prod- apparently being a a. Ing ng Influence Baltimore Ohio rights to purchase pur- pur phase chase th tho new convertible con bonds changed cd hands in largo large volume between between be- be tween 1 1 8 and 1 I 1 The bonds also traded in on the curb on a when issued ba basis ls maintained theIr heir premium of oC about 6 2 1 points I above the price at which they ther Will willbe 1 be o offered to the roads road's stockholders Deere Co added 15 points tots to toH H Its ts gain of or yesterday arid and I and ind New Jer Jersey e Zinc extended their I recent advances Oils held steady In n quiet trading Investment ID Trust and Trading corporation shares were mixed selected industrials and UnIted American Investors tors recordIng record record- InS InS' ng moderate gains while C Goldman Goldman- I Sachs and some o of or orthe the he other recent favorites fa yielded fractionally A compilation of ot the tho annual reports and balance sheets Issued b by most of oC tho the leading companies com com- shows lows that they are jelling elling below elow their net asset in man many cases I |