Show WAlL STREETS STREET'S CW SmON Stocks Stage a Rapid Recovery Recover NEW YORK Starch March Mach 4 By Dy the Associated Alo- Alo Asso Asso- elated Press Stock Press Stock Prel-Stock Stock prices price staged a remarkable recovery today toda after an unInterrupted uninterrupted uninterrupted un un- un- un interrupted decline of over a week In which scores score of oC Is Issues ues had been eln carried down 10 to 60 points from their high levels of or the lbs year The rI rally which received I Its Impetus train from the buying ol of strong stronG financial Interests combined with that of f hundreds hundred I of small smal investors who were attracted b by the high yields available available avail avail- aval- aval able ahle on many Issues ran rn from 1 to nearly 20 points point Bear traders who had sold stocks short throughout the recent decline covered freely Creely but were forced In many caes cases to bid high In order to cover their commitments American Can was waR In tle te forefront of the advance tolling 18 points above yesterdays yesterday's low lovel before the end of the third hour General Electric and United States R Cut Coot Iron Pipe each recorded overnight gains of a out 14 1 points and United Drug Du- Du Pont tont Foundation ion company Commercial Solvents Solvent B B. B and ant sold lold 7 to i 9 points higher The rally raly In rails rais was wal led J by Frisco common and Pere Marquette each of which soared about 6 points buying of the last named being holed by expectations of ot a higher dividend dividend divi divi- a. a a. a the special meeting of oC directors director to be called caled within a few fw days Nickel Plate common advanced 7 points point to tell fell fel back to 10 and then snapped back to lo 1 4 by 1 30 p. p in m. Total sales at the thC end of the third hour were about than I t 2 3 g d during shares e t the nS corresponding against r to more f period yesterday esterday The closing was strong Short Interests Inter inter- eels ests ets scrambled to 10 cover their contracts In the late trading as a high priced shares displayed Increasing buoyancy General Centra Electric and American Can both sold IMd 1 18 points above bove last lat nights night's closing and Woolworth rebounded almost 11 1 points Additional gains of 5 S to 8 points Included ed oil American and Foundry American Water Vater Works Sears Roebuck Telephone West Virginia VIrinia Canadian Pacific Pullman and Mack Trucks Total sales sale approximated mated a ed shares A 0 |