Show I BRIGHTER OUTLOOK 1 IN TRADE REPORTS I NEW EW TORK rORK April Virtually 6 5 I all financial and commodity marl mar mar kit kete pointed upward this week I The recovery ry In stock prices price ten gen gen- generally was characterized as aa a 0 I cor-I cor correction cor- cor of at weakened technical t c po- po position after th the long decline Buying power was limited 1 came largely from th the tho short In Interest In- In Interests interests terest who were ere hurried Into Inlo erinc cov-erinc cov- cov covering covering ering their heir commitments commitment by tho brighter prospects for Cor early action on the tax reduction bill and the possibility of a 0 reaction here and abroad to the Da Danes es rep rp reparation repol report r poil t which i Is to expected within the next few days dais da a I Investment bu buying Ing was noted however r In the railroad shares share which assumed the tho snip of oth I the tho market for tor the tint list st time Imo In I months Trade reports showed ho ed further In Indications In- In I of or a slackening of busl bust bust- nets nea In many lines although Ma March ch ingot production was as believed to have reached the th peak of ot last lastA I A April Domestic oil production continued to decline while con con- consumption con con wax was steadily I but the only Important pric price al- al Ill al was a 0 further urther advance In ingulf Iteration gulf culf coast crud crude prices price Industrial shares shores moved up smartly in th the early carly part of the tho thoI I week w el but became lat later r when hon speculative interest was dl dl dt- dt to the group Further recovery of French Fr and Belgian francs franc featured the foreign ne chanc c exchange market The Th French franc Crane crossed six s1 l cents to a noI now non I 1124 1924 high on buying attributed to short Interests who ho delay delayed d cover I cover cover- covering Inc cover Ing their commitments until they thoy became due du at lit the th end of the month I |