Show WEEKLY FINANCIAL REVIEW NEW YORK TORE March 13 By the Associated Asso elated Press A A sharp harp recovery in stock prices this this' lii week wiped out a substantial part of the lo loses sos sustained In last The Tue of weeks week drastic decline rapidity the he advance In many issues led to ho rather genera belief that the recent reaction like Ilka this tho sustained rally which preceded U. U had been overdose overdone Trade hews n w was largely constructive In character While the February l- l lii tn ii- ii nage report f the United States State Sod corporation showed a substantial decline In unfilled orders It wa was not as unfavorable In view of the high rate of operations maintained during the tho month and the first ten en days In Stanch March aro reported to have developed steadily Increasing Inquiries from the lie principal consuming Industries The trade hoard higher steel prices which with the prospect of an early resumption of dividends on Republic Iron and anil Seel stimulated activity In the tho steel shares Stiffening of Gull Gulf Oart and California crude crudo prices price combined with wills rumors rumor ot of mergers Involving some same of the large in independent independent in- in dependent companies brought fresh liuyIng lu- lu log Ing power Into the petroleum sIssies shares some conic of which established new prices Ices for the year buying of these he o Issues also was Influenced by reports report ot of decreased production and predictions of unusually heavy gasoline consumption this summer In spite of the In some quarters a as a result of the wag wago demands of railroad the rail nail shares developed Impressive strength The raising of the Pere Marquette dividend divi rate front from 4 to 6 together with the declaration of an extra apparently proved that the lie adverse Nickel Plate ruling was not necessarily bearish on OTt tho ho so called merger sails Cat Cat- loadings load ball logs ings are being maintained at a high rate and current earnings are large lange Special Special cial of Delaware ft 4 Hudson re revived re reports of-an of early segregation of coal v while Chesapeake 4 Ohio Issues were bid up to record high levels level on nfl tIle the belief belier that stockholders were en entitled en- en titled to higher dividends and substantially belter terms If It this the Nickel Plata PlatoS Is revived The proposed merger of the American Locomotive company and the he Railway Steel Spring company Infused new strength thin Into the equipment stocks Motors Motor advanced despite price cuts and reports of a surplus of cars In dealers bards Public utilities made Irregular recovery from recent weakness |