Show Wall Wal Streets Street's Close Is Irregular Markets at a Glance NESS NESS' TO YORK UK Stocks higher U. U h. h o Steel and General Motors Motor reach ah r new peaks irregular Warner urn r Issues is issues Is- Is sues recover Foreign exchanges It steady ad Belgian franc franc- frant higher ligier Cotton Colon steady heavy rains Atlantic Atan- Atan Atlan tic tc states Sugar ur Iu featureless ports Coffee Core lower lo easIer Brazilian re re- re CHICAGO Wheat strong bullish private Canadian estimates Corn steady steady unta unfavorable Iowa report utile Cattle easy rany Hogs lo er lower slow glow demand 4 EW EW YORK July 9 9 By the Asso Vat Vat- atO ed Press Press Another Another sensational Jump o or of about 10 points in General Motors bringing bring bring- ing the price close rose to 1190 DO a share over overshadowed aver aver- ver- ver shadowed all al other developments in to today's today's today's to- to days day's stock stok market market The he rest of ot the list rallied In sympathy but the advance was wal not uniform due to rather heavy week-end week taking profit and tho the uncoverIng uncovering uncovering uncover uncover- ing of ot a few weak spots spot by bear traders B Business showed a marked expansion in volume running at the rate of ot more than shares' shares a day U. U S. S Steel common also aloo received widespread widespread wide wide- spread speculative Interest when It crossed 15 to a new v record price with wih buying stimulated by reports that mill mi operations had Increased 2 per cent durIng during dur dur- ing log the last week and were now do to 90 per cent of ot capacity Sloss Shet field feld and several of ot the other independent steels followed In its I wake but special weakness developed In Gulf Gult States which was selling nearly 5 points below yes yes- yesterdays yesterdays yesterday's final price after aHer midday Coppers took on n R new lease of ot life when American Amerian Smelting preferred touched a ne new nigh for tor the year Sharp gains galna also were vere recorded by a v varied assortment of ot specialties IncludIng Including including ing Allied Aled Chemical American Brake Shoe and Foundry merican Snuff and Timken Roller Roler Bearing the extreme gains running from 2 to 6 6 4 61 points Oils received better buying support but met rather large offerings on each rally raly which presumably represented liquidation by tired and disappointed holders holder With Wih money still sti In plentiful supply and public Interest in m toe market In Increasing increasing In- In creasing pools pol started vigorous operations operations opera opera- tons In a I number of ot specialties In which favorable merger or dividend developments developments develop develop- ments menta are reported to be ending The rhe closing was irregular Sporadic taking profit continued through the t final al hour but failed t to tc stem the upward movement the strength of ot General Motors Mo SILo- tors tor promoted a broader demand for tor other automobile shares shale including Mack Trucks Nash and Chrysler Southern rail shares turned heavy and realizing rai sales reduced recent reent gains In sonic some of ot the specialties Total sales approximated ed shares |