Show Wall Streets Street's Close Is Firm Markets at a Glance NEW YORK Stocks rail rai and equip quIll wn t Iha shares rH ad advance va lond firm public ut utility I t Issues In demand Foreign exchange ea eay a y French and Belgian francs cruet rUt Cotton Coton higher drought eastern belt Sugar firm titan steady spot slot flot market Coffee r very tery steady commission house CHICAGO h Wheat at irregular covering May horts thors Corn lowert fine weather welther Cattle steady Hogs slow glow a NEW YORK YORE YOn May Stay 25 AP AP Stoc P-Stoc Stock prices worked Into higher ground today tolay urcer the leadership of ot the rail rai shares which responded to a series serie of ot favorable earnings reports report for April Apri Buying of oC Industrial Is lames ut also Oiso developed on a broader scale with wih various arlous oil oi tobacco food and specialty shares taking a 0 prominent p lm prom nent part In the forward movement The Tha visible Improvement In financial fInancial sentiment senti sent sent- ment was waa WI reflected In an In e expanded volume volume vol vol- ume of trading with wih stiles lILies averaging well wei above a a million milon shares for the day In view v of the record March earnings earnIng of the carriers Wall Val street has been pleasantly surprised by the tile additional gains rains reported for tor April Apri and lions lons tons of this feeling were seen In the steady accumulation of or the high grade rail ail rai stocks today Atlantic Coast Line rallied allied more than 4 points and gains of ofa ofa ofa a point or so were recorded by Canadian Pacific Texas Pacific Nickel Plate Louisville Nashville New York Central Cen- Cen trai ral Seaboard Delaware Hudson and Atchison on Oil 01 shares hares gave the next best bet demon- demon stratton straton ut group strength rallying In response to reports that Increased divi clivi- dividends dent s would be trade nacie nade possible by the the Improvement In earnings earning resulting from Crom he the higher prices prevailing for tor crude and refined products Houston Texas company Pan American General Asphalt Asphalt Asphalt As As- and Maria Marland nd Issues were In good demand with wih the buying In some instances instances In- In stances attributed to a revival of merger rumors rumor Atlantic Refining Reining recently the leader eader of or this group eased off of on profit taking king Signs of renewed pool operations were seen een In the he bidding for numerous ape ape- which brought about advances of 1 I to 3 points In uch euch cuch Issues as United Drug International Combustion Engi Engl- Cereal United Cigar stores tores International Harvester American American Ameri Ameri- can Ice ee Owen Owens Freeport Texas Texa and Continental In Insurance urance Motor and rubber shares offered better resistance to o selling pressure and moved mo within narrow limits j The The closing was firm nail Railway way equipment equipment equip equip- ment shares attracted buying Interest In Inthe inthe the he late trading I h. h advances advance of 1 I to 2 points embracing Pullman Baldwin American Locomotive American Car and Foundry and anc Air Reduction on New favorItes favor favor- Ites tea also appeared In other othel sections of he tite list International Tele Telephone hone rallied 3 It points point and Raiu 2 n while Standard Oil 01 of California was pushed up more than nan a point to a new top price at 68 66 60 Total sales sale approximated shares hares I. I |