Show RECOVERY MABY Federal Reserve to Credit Policy l mor in N. N Y S- S Markets at a Gh YOUK Stocks Stocks-St roig rc SO 30 points Donds Firm blonds Firm German Issi isu strong Curb Strong Curb Strong American buoyant Foreign exchanges Spanish pocetas clump to low Japanese 31 sharply Cotton Cotton Higher relief reports bugar lower spot Coffee Declined Declined Europi lag CHICAGO Wheat Strong Strong farm j ports ports Corn Strong Corn Strong sympathy wisest Cattle Steady Cattle Steady 0 to weak Ix 4 By STANLEY W. W PRE PREb Associated Press NEW YORK Juno 4 Stock prices made further in today's market on buy by reported the credit situation and I trade and earnings spread rumors were in inin in the financial district federal reserve board ha haIts had Its credit policy and th that crease in rediscount rats rates unlikely 5 c Call money renewed at atas 7 as against an opening r yesterday and held steady rate throughout the grea gr grof of the session There change In time money rai rate Wall street expects a a. flu call rate around the fifteen month the advance Is no nobe not be as violent as th the squeeze in March High priced specialties a substantial si short lOiter been created on the rece recent showed some somO striking gain gal mercial Solvents jumped four points Reis first pre Otis Elevator ten ea ear Threshing Machine nipe halt half International Bus chines seven and three qua Burroughs Adding Machine Machir Stromberg Carburetor Soars Sears Electric and Worthingt were run up five to seven RAILS MAKE RALLY Sonic Some weakness railroad shares in the ear railroad shares in the ear but offerings were readily and the rails moved in the early afternoon C Ci corporation was marked than three points to a a. above and New Yori Chesapeake Ohio Uni Lehigh Valley and Southe Souther sold one and one halt to t higher hiher Commission hou h u extensive switching from trial to o the railroad stoc theory that many of the out of line with the gener generl Bendix Aviation a nethe ne the big board was w. bl bid points to a new high 93 3 Sharp recoveries place in such recent weal weak Radio Wright trie Auto Lite Columbia phone Air Reduction Cro Cros and the Advance Rumely Oils continued to following on the theory tl U gasoline and crude oil olti would be reflected second quarter earnings Petroleum which it I is will add more than to annual Income if it th the prices are maintained irto Into ir In to an appreciation in in was bought in large ing 36 to a new high SHOW STRENGTH Profit taking cut down the early gains In the pu put putties ties although the group a showed marked undertone on buying influenced by dividend and ear merger mors Coppers also move moved afternoon i U in the early leadership of Greene Cana for tile the adva Operations continued in tile the late trad gains of Ot from 5 to 6 P j made by hit several leaders Wright Aero Acro Radio J Register Greene Cananea and u Sears Roebuck closing was HI str Craft Tile The sales approximating |