Show I I L SHOW RECOVERY Y SIGNS I Strength of Better Grade I Carriers Carrier Encourages Rest of List By VICTOR EUBANK Associated Press Financial Writer NEW YORK Dec Dee The 5 5 The mud much I maligned rails exhibited signs of ot lift life in Saturdays Saturday's brief brier bond market many of ot the b better grade carriers carrieri I Isterling starting sterling a recovery in the last hour that encouraged other sections of the thi list to take fresh hope hop for ence cence The closing was strong Foreign obligations led by the German German Ger Ger- man government 75 and 5 1 l also I picked up part of or their the recent losses the former lormer gaining 5 points and the latter 4 1 Official denials that Germany Ger Ce many Intended to abandon the gold I I standard and r renewed hope that a a I formula would be found for straightening straight ening out the European situation t brought optimistic buying in some securities Bonds of or the German bank rallied Cr from m 1 2 11 2 1 to 4 2 2 1 points while Ber tin Un municipal and electric company loans staged singed sharp recoveries General Gen eral Electric of Germany at onetime one onetime onetime time jumped more than five points South American loans on the other hand were inclined to softness Argentine Ar gentine and Brazil obligations losin losing several points at one period and other othel issues showing snowing an irregular trend The railways especially picked up tic I strength in the last few minutes of ol trading St. St Paul 55 of oC 1975 1915 rallied L two points St St. Louis San Francisco consolidated 4 1 l reached 20 against a n low of 14 4 1 early in the week and Missouri Pacifies New NewYork NewL York Centrals Nickel Plates and L Pennsylvania sold at higher prices While irregularity marked the trading in utilities and industrials the better belter classes of these loans held firm and other issues s changed hands hand at fractions tractions United States Slates government govern govern- ment n loans s showed o d but little activity j |