Show STOCKS ARE HIGHER IN HEAVY TRADING NEW YORK Jan 8 W The P-The The stock market exhibited further spurting proclivities today many issues reaching new highs for the past several years ears with gains of ofa ofa a a. few cents to 2 2 or more a share Buying in the rails oils and specialties specialties dallies reached proportions proportions proportions in the early carly hours when the ticker tape was frequently several minutes behind dealings on the floor loor The pace slowed later however however how how- ever and extreme advances were shaded or cancelled as profit taking appeared Commodities were again somewhat somewhat somewhat some some- what confused Wheat dropped back backa a cent or 01 so a bushel while cotton recovered moderately Bonds were firm I |