Show STOCK PRICES TURN TORN IRREGULAR By IT LLMER C. C United Press Financial Editor NEW YORK Feb The 28 The stock market Thursday ended its smallest February since 1921 with volume light and prices irregular Bonds were irregular with U. U S. S governments easier and rails higher Commodities with levi few exceptions tended lower The dollar rose sharply sharp sharp- ly in terms terms' of sterling rates and dei dined in sold cold units On the stock exchange sugar shares stood out on the upside Rails Hails and utilities sagged as did steels and oils Individual issues here and there were better Gold mines firm in the early dealings softened and silvers lost gains Alter After a firm opening railroad Is sues strengthened only to decline before be fore the close Reports of roads for January made poor reading The first 51 class one ne railroads to report had gross earnings 32 per cent above January 1934 but because of higher costs of materials and labor and higher high high- er taxes net operating income was down per cent ceciL Union Pacific reported its net income for 1934 at or a share against or a share in 1933 Union Pacific dipped to Its low for forthe forthe the year at 94 ex dividend off Atchison Topeka Santa Fe at its Ito low of was off ft s 's Atlantic Coast Line 25 off New York Central Cen 15 off and Southern Pacific Pacific Pa- Pa 14 off 3 Ys Small losses were made by Consolidated Consoli dated Gas Public Service and its 7 per cent preferred while gains were made by a few other utilities Sugars continued to respond to Increases increases In in- creases In sugar prices American preferred made a new high for the year at up 1 and others firmed Tobaccos were higher notably notably nota nota- bly American issues with the preferred pro pre making a new high for the year at up 1 1 Silver and gold issues were the best gainers at the opening as gold went to a record high and silver to a new high since 1929 in London They were vere depressed before the close |