Show LEAD RALLY AFTER IRRE IRREGULAR ULAR MARKET OPENS MOST OF LIST MAKES GAINS By ELMER C. C V A United Press Financial Editor NEW YORK June 13 UP tIP UP- Utility shares led a rally raly in tho te stock tock market Saturday after ater an irregular opening Tho The list gained fractions to o a point on tho to day clay and was wa sub sub- higher for tor the te week Trading rading however continued dull dul Consolidated Edison reached 26 36 up 1 14 I points poInt Public service of ot New Jersey reached 46 up American Power Light 12 up American Water Works 23 up h 11 Columbia Gas Ga Ga 2014 20 up Electric Power Light 16 up 4 North Nort American 28 2 up 1 and United Corporation 7 i 72 up 4 2 United Corporation Cor Cor- preferred reached 45 up l 1 Communications issues firmed alter after early earl irregularity Motor isue issues firmed on small emaIl amal turnover Mercantile stocks stok continued continued con con- their rise Oils rallied as ac did dd rails rail and coppers Steels made small email smal advances Rubber Issues rose roe rOe a point or moro under the te lead of ot Goodrich which touched 20 up 1 13 The group was wa aided by an Akron dispatch which reported definite defnie steps had been taken by the United Rubber Workers union to discourage any future futuro sit down down si-down strikes in the in industry In- In dusty for any cause Rayon issues were strong on outlook outlook outlook out out- look for higher prices Celanese touched 24 up 1 IMs and Industrial Rayon Ryon up 2 points point Reports from tho the trade said producers of ot viscose type rayon would increase their prices about 3 cents a pound pound It I was wa further furter reported that tat a shortage shortage shortage short short- age of ot rayon yarn seemed possible United States Steel led a moderate moderato recovery recover in its it section on indications indications indica indIca- tons of further gains in the steel stee industry next week week Pittsburgh re reported reported reported re- re ported that tat operations there tere next week would be around 67 per cent of capacity a new high since June 1930 when the operations were at 70 per cent of ot capacity Chrysler gained a point In dull dul turnover General Gener l Motors was w up up up- fractionally Mack Trucks Tucks led a arIse arie arise rise rie in tho the truck division touching 33 3 for Cor a gain of point Motor accessory issues were quiet but firm The weeks week's market advanced steadily while the tho Republican national national na na- na- na tona convention was selecting its it candidates gave a brief demonstration to tion for Governor Alf Landon and then ran into moderate profit tak tk ing The close was wa higher on te the week with wit dealings well above last weeks week's light pace The called so-called so-caled so Landon demonstration tion ton came in the last hour of trading on Thursday and the opening Fi- Fi Fri Fri- day The latter was the most active since May li 14 1 and prices at their tops were the tho best since mid-ApriL mid Commodity markets made gains Cocoa was a feature rising to gns two two- to- to year yer highs Cotton futures reached their best levels level since the early part pat of December Grains GraIn had ld periods of strength streng Silk Sik soared Butter futures made new tops for the te sea sea- son R Retail tl trade made fewer gains than in rec recent nt weeks but the total business for lor the te week was 3 to 6 per cent over the te week before and 8 to 12 per cent over the corresponding correspond correspond- ing week of 1 1935 according to the te Dun Bradstreet compilation Wholesale buying lightened |