Show I STOCK STOCK MARKET RESUMES ES RISE Favorable Trade News New Boosts Boosts List Sugar I Shares Advance I NEW YORK Jan 28 COn 28 2 Con Con Con- e forces obtained ed control of toda toda's s 's stock market after afler sit IOU toI carly Interval Of o heaviness duo du to I selling lIIng InspIred by e dis- dis disappointment disappointment dis disappointment appointment oer o'er the tho th dividend ac- ac action action ac action tion of ot tho th United States Mates Steel Slee corporation Reports of tr trade trad de Im- Im m as I b by record car loadings loading advancing oil and gasoline prices and steel stoel mill operations furnished the basis bals of the tho th bu bui In ing pow power r S approximated J I 1 shares harca disappointment 0 oser oserthe er erthe the failure of oC o the ho United States Stales Steel corporation to change chang It Its dl i as ns followed I b a point open-point drop in steel common at the opening to today loday IS stock stoc toc market with other shares hare eho Ing s bea Inc broke 5 3 Sa t and General Electric II I 1 Oils Olio mOHd counter to the tho th gen general ral trend with Ith large blocks changing hands ES roCO lOTI Gils Gil's G 1 After Arter tIme the th Initial selling l ld had lb d b en absorbed tIme tho market sten-dl sten dirt 1 under the Impetus of a a eon cot con continued use lisp In the tho oil shares many manyo or of which reached the tho highest le lecis let let- lei lei-els cis In more than a n year United States Steel I ed more moro than I alt alf Its catty eaily los loss and the md- md pendent Ind-pendent pendent steel issues also aloo pro cd after il declines decline Pressed Steel Car responded re with Il a gain gaino of I 1 points point to a 0 resumption of oC d dl Soh Issues staged another orous e sig- sig orous I mall lally all time the th A achieving II a record high bight at and the B lit at both up about the fhe points Gains of a point or so to were ere also alno I cd by American Locomotives Am American Can Pacific Oil and Cosden Foreign exchanges exchange op- op op opened ened coed stead steady OILS Heavy bu buin tog or of o the ho oil all shar shares practically all of ot which attained ne peak prices overshadowed ed all aU other de the mornIng trading Tidewater Tlde ater Oil ad 3 points and Pacific Oil and Atlantic 2 etch e Union To Tank nb soared soared S A 4 points to 17 Good bu Ing t pro pro- pro provided vided tided for tor the tho standard Indus Indus- IndustrIal Industrial Industrials trIal trials Baldwin American Can American Locomotive e Mack hiack Truck United States s Cat Cast st Iron IronPipe IronPipe Pipe Pressed Presed Steel Car on I American W preferred show show- showIng showing ing Sag marked strength with the I as os high n as 3 points leas Hen In s of Studebaker and Overland was ass attributed to the competition In the motor industry Radio corpora corpora- corporation corporation corporation tion common also was lOS In supply falling tailing back more than a point Call money rene renewed td at 34 32 per percent percent percent cent IG It lt Sir 11 HI RISI HIM RISis I s With Ith dealings contracting lii In Inthe Inthe the afternoon buying became more of a a 0 character With steele and sugars accompany Ing the oils In their upward march States Steel teel rose roe to 1274 and Bethlehem Republic ani Gulf States Slates agre were re also substantial substantIal- substantially 1 ly Iy higher American Sugar Uni- Uni Uni Universal versal er-al PI Pipe C and Am American Acil cultural Chemical ad d ad- ad advanced 2 I to 2 WIde Wid Ide jumps beIng transactions transaction n- n 11 suIted In Nash Motors climbIng 33 points to The Com Corn Commercial Commercial mercial Solvents issues Issue extended their gains the th A stock tock touching and the B 13 17 The Tho Th closing wail wa strong High grade rade railroad shares share w wu-c wu re up 1 to 2 I points point in itt the th lit tra i In ing and end a number of o specialties sold 2 to 10 3 points above obo last nIght final quotations quotation ah ash M Motors olor scored a s sensational gaIn of 37 points I |