Show Y PRICES TURN TUR FIRM FIRMI IN LIGHT TRADING ON ON EXCHANGE I CHRYSLER GAINS IN EARLY DEALS DEAL I l IBy By By ELIR ELMER 0 O. V United Press Pres Financial Editor Edior NEW YORK April AprI PIc 25 firmed in light turnover on tostock the thc to stock exchange in tho the short hort session Saturday Other markets market also were dull duJ with wih bonds mixed in a nar narrow narrow narrow row grains grain and anti range steady cotton cotton cot cot- ton firm j. j Some buying was generated by tho the move of or the sto stock k exchange by h in lowering its It requirements on maln main of marcin marzin Traders inter inter- that ch change ngo as bullish bu b but t b buying Ying operations that other inIght-other wise have developed were restrained by the imminence of or the French elections tomorrow and the preil dents dent's speech scheduled for Chrysler was wa the favorite ox on tho the stock board It reached lOHi in the early carly trading up 1 poin points poInt from the tho previous close Other Other- motors followed with General Oter Motors touching 67 6 up a a point poInt A Asmal small smal amount of the te gains was wasP erased before belore the close doze U. U S. S St T Tat at on one time up a point point led the steel f stee section which was firm on reports the industry was report own a at t strategic centers The Tho present op opi crating rate traders think tink is am ample amplo plo for lor the biggest units unit to mak make good profits J Farm shares made good gains galM in iii I light dealings Case touched 16 up 3 points point Deere Co 81 u up 2 and International Harvester up 83 up 1 1 Mall MaIl Mal order Harvester shares share were firm with wih the farm division Monsanto gained 2 points in th the chemicals chemical Checker Cab Cb was Wa up up- 3 3 points and Clark Equipment 2 while whilo advances of a a point or more were noted in American Can Cn Com mercial Investment Trust Trust Freeport Free Free- port Texas General American Transportation Owens Ford Glass New York Central Spiegel- Spiegel gel Stern May-Stern and Twentieth Century Fox I Amusements Amusement were higher a and d moderately active with wit Fox Fox Most of at the rails rals registered gains and utilities were firm U. U S. S Rubber and Goodyear were firm Building issues firmed slightly but w were r inactive Anaconda and Kenne Kenner cott rose fractionally in the the copper division Jersey led tho the oils oil higher Trading was very dull dul especially in the tho last lat few minutes of trading Closing prices were just under th the best prices of or the session I Tho The most important event of or th the th week for tor the stock market came camb after the close dose Friday when the stock exchange revised downward its s It requirements for maintenance of margins That was construed after a series of market declines de de clines based to a great extent on the margin uncertainties I Under the tho new rules all al accounts account will bo be bE on n a par with wih regard d t to margin margi maintenance maintenance The former exchange rule favored the larger accounts Exchange rules guide guid maintenance of at credit while federal reserve rules apply only ony to tp the te initial extension of credit credi Business gained to new heights height since 1930 as stocks bonds and commodities com com- modi tc declined Steel operations reached per cent of capacity tho the best since May 1930 Automobile Automobile Automo Automo- Automo bile bie output was the best bes since ince 1929 and for some companieS new records records records rec rec- were set seL set Electricity output was 12 per cent above a year ago and retail trade showed a a rise rIe of 8 to 15 per cent cent Car Cr loadings were 33 per cent above tho the previous week and 52 per cent over the correr corre corresponding spending week of 1935 Only buI building build ing showed a dip and that was wa 4 40 49 per cent over 1935 |