Show PRICES ADVANCE IN 4 Demand for Utility at Industrial Shares Develops I By STANLEY W. W Associated Press Financial Editor NEW YORK Jan 16 AP Per AP-Per Per demand for utility and icy eral of the tho leading industrial share lifted tho stock market Irregularly higher today despite despite- another b ai onslaught against Isolated shares Trading expanded notably SaIe during the tho first two tso hours of totalled nearly tho turnover for the full hou session on Monday Failure of the heavy selling o Montgomery Ward WarI to tIle mar markel kel yesterday was as reassuring lo to th operators for fr the rise and a vigorous vigorous vigor vigor- ous bear against Radio toda was viewed nonchalantly In mos quarters although several of motors and otis oils were iere Inclined to sag eat Tho Bank Bani of England mode n no change in Us Its discount rate of 6 pe per cent and hopes of a decrease In lathe th New York federal reserve bank rat rate late t odny vanished Credit condl condi- continued easy however an antho and the tho belief persisted in ill banking quai bra that money rates are headed lower Call loans Joans again re re- re ved ne at 4 2 1 per dent cent but funds fund were soon available at 4 per cen cent Business and industrial news wa waa for the tho most part not of a a. to Influence the tho market Announcement Announce Announcement ment that General Electric an Electric planned 1 U enter the radio field vigorous buying of tho shared and was used as a basis bearish operations against tl 31 stocks of companies now in the tieS Tho rho interstate commerce sion's ston's order to the Baltimore Ohio to divest Itself of Its of Western Maryland was ly without influence B. B O Q ally selling a little higher indications that congress will ly i- consider the bill to railway holding companies MJ Sti without notable on Al All corporation Announcement further cuts cute In crude oil while obviously a a. c measure designed d to C tall tail production caused sagging of the oil shares Radio corporation wa was down more than 3 points in herr selling and Crosley dropped new low Auburn Auto lost mI rm- rm than 5 points Magna Copper lj IJ nearly 3 3 reflecting reflecting- unfavorable TV statistics Other shares l I ing a point or PO O included of New Jersey Texas compa Chrysler Studebaker General tors Warner Varner Brothers and Se Roebuck Montgomery Ward jj soft spot rallied a cou- cou of points then reacted j Allied Chemical General Pump Standard q and American Zinc mounted 3 t to points and International Silver Stocks Stocka selling UP tp 2 points or m included Consolidated Gas Uni las Improvement American Wl sV Works Western Union Westi house Electric Eastman Kodak M. M Dyers Allis Chalmers Un Carbon U. U S S. Freight and fd ed Dry Goods j Offerings of various lo low pr shares particularly tile the eventually weakened the trend and the list turned in tho SIte lite dealings U U. S. S S sold 1 point under the and much of tho gain gaill In electrical and alid utility issues 1 erased Tho close was S SI shares j |