Salt Lake Telegram | 1936-04-15 | Page 17 | Stock Prices Rise One to Five Points in Light Trading.

lOCK PRICES RISE ONE TO FIVE POINTS IN LIGHT T TRADING ADING 1 CASE CASE ADVANCES ADV ANCES TO HIGH OF By ELMER C. C V AZE United Press Financial Editor NEW YORK April Apri 15 Pressure 15 Pressure I lifted from the stock market WedI Wednesday Wed Wed- I as suddenly as it was wa applied ap ap- plied pled lied Tuesday Prices easily rose ros 1 I to o 5 points point despite light volume The list as a whole regained more than half hal of Tuesdays Tuesday's losses loses In In some instances th the recovery recover was much broader Case jumped 5 points point and reached a new high at nt Philip Morris hit a high at 82 also abo up 5 points point Douglas Dougla Aircraft Aircraft American American Amer Amer- ican Can and Crown Cork Seal gained 3 points or moro mora each Westinghouse Electric which reported re reported re- re ported net income for the first quarter ter equal to a share against 87 cents in the first quarter of 1935 ran up 4 points point to and of the gain General Geneal Ele Electric had hada a correspondingly good gain considering considering con con- price of i its stock It reached 41 8 8 1 up 1 8 13 8 3 points point U U. S. S Steel common advanced more than a point to head a rise rie riein in 1 its division Ingot Igo production ac to the Iron Age ge is i at 6 63 66 per cent of capaci capacity up 2 points from a week ago General Motors Motor featured a recovery ery cry in the automobile s section by rising more than a point point I It was wa aided by its report on foreign sales sales' for March which amounted to 32 32 units unis the highest monthly total sinco since May 1929 Chrysler w was up a a point and smaller gains were noted in other oter motors motor in light turnover Rubber shares again turned up with new highs in U. U S. S Rubber Goodyear and Goodrich The group had gains of offra fractions to more than tan 2 points the te best in U U. S. S Rubber preferred Rubber futures future made new highs for tor a year Coppers were bid up to around their highs of the year on on reports of ot heavy copper metal sales ales Silver Siver wavered however with wih losses Joses of a s point or more in Howe Sound Soud and andin andin ad adin in American Smelting