Show WALL ALL W STREET FOLLOWS A LEAST RESISTANCE AND PRICES PRICE'S ES MOVE UPWARD I Display Most y Pronounced Strength of Any Section of List I Gains Ranging From 2 to 5 Points ding on New York Exchange in Smaller Volume Than on Curb Market for First Time in History Prospect of Tighter Money Restricts Buying Ian but Little Litle Disposition to Sell Sel Develops I By ay y CLAUDE A. A JAGGER Associated Iret Pre Financial Writer NEW YORK June 15 AP The AP-The The stock market continued to follow J lines lines of the least resistance which were largely upward in another I II realo today bringing to a close the close the quietest week in about ten h hoj prospect of ot tighter moneys money next i week tended to restrict restrictIng Ing but there thee was little dislO- dislO sell Jel as most traders were lined to the belief belet that tho the marJ mar- mar ij definitely reached cached bottom 1 Ihas J tho next major movement wll will upward orthe first time In New NeW York history trading on the York vj stock exchange was wa In iller volume than on the curb Stock exchange sales to- to dIbut shares while shares changed hands on cU curb About 30 per cent of the b however was in Com Com- and Southern Souther traded on Issued issued hen basis tone In copper shares erday prompted bull bul operators once on that group where y y ad iad little difficulty In 11 scora fan a number of gains gain of 2 to 5 ll its in the thin market and for tor time In months coppers the most host pronounced of ot any section on the list two-hour two session Some Somo ho rails rans also made notable gains gais RATE CARRIED OVER esterday's call cal money rate of ot 7 cent parried carrIed over the week- week and a and d bankers predicted that the overdraft In connection t term short term financing aid Id release elease enough credit to keep comparatively easy during few days dars of ot next week i Jo Ie tightening as a pay- pay It fit checks hecks return to the banks the week Is expected how- how rAlso Also It i is estimated that thatto financing to be paid for next to about he end trade and business lews were generally optimistic generally optimistic I stressing the tho extraordinarily ii rate of ot activity in heavy In Indies in- in i- i dies tries I F. F W. W Dodge corporation vever r reported that building tra tracts ts let east of the tho Max were 9 Per cent less than ii Illand Uland and 12 per cent less than y Leading manufacturers small mal automobiles reported high activity and large unfilled er erS but the Industry generally for a moderate season- season Il 1 l tAe e coppers Greene Grene Cananea Anaconda rose about 5 points hJ In the rails rais New Haven and folk fok Western reached new In moderate gains and West Vest Virginia rose roserly rosey y 6 points and Pere Marquette ny S 8 points The The- The utilities were i i inactive active but Commonwealth e and yer and Detroit Edison mounted cd dS 8 points respectively to new ks Adams Express had one of ot characteristically wide wie move- move Its rising 25 2 2 1 points to EEL SHARES QUIET ts' ts were quieter but Michigan l Into new high ground announcement that operations maintained above rated city despite despie the te recent Increase 75 Wiper per per cent Irr in plant plant Some of chemicals were also well National Distillers once a new top Royal preferred rose over over points on rumors of ot a merger which mounted points Air Reduction man man Kodak American Bank Simmons and Unit Unit- t. t Godrich Fuit Fruit Pruit and Motion Moton Picture Capi- Capi falso ralso also made made fair gair gah s r the la last phing hing a new peak eme erne of ot the te oils ois were under prese pres- pres e C ePan Pan American and Houston g about 2 and 4 points re re- General Electric closed Ints lower Anchor Cap pre- pre Associated Dry Goods dropped 4 and 6 1 I to new lows Commodities moved In narrow narow es wheat closing firm In sym sym- iy strength at Winnipeg l f corn cor losing about abut 1 cent a helon on excellent ther and crop reports Cotton Coton edl edi slightly i foreign exchanges sterling and Canadian dollar dolar sank still er erthe the sterling demand rate hing a new 1929 low at 16 and the Canadian dollar dolar ping to a discount of ot nearly a cent ct cent |