Show RECOVERY MADE IN WALL STREET Short Covering Back of Most rost Buying Credit Is Easy NEW V YORK April By 16 16 ByThe rho rhe Associated Stock Press Press prices made mada further farther recovery recover In market but trading was wal dull and rather featureless Short covering operations operation again ap- ap ap appeared to furnish most of or the tho buyIng power particularly particular In the motors and other speculative s Is sued la-sued sued Credit conditions continued racy easy y and apparently no was as felt that the Net Ne York federal reserve bank did not decrease Its rediscount rate yes yesterday es had been rumored In a as 81 some quarter quarters A reduction tn In Inthe Inthe the rate on the eve of or a hea heavy y demand for funds from ag- ag as dl ts IS would be unusual un- un usual Establishment of a new record low level by French francs franc on the also hico was without Influence security market Chief Interest In in the railroad group centered In Inthe Inthe Inthe the acUity and strength of ot Rock Hock Island and l Frisco common stocks buying of or which Wa was presumablY Influenced by the Interstate ate corn com of ot merce commissions commission's approval the tho recent election of ot three Frisco directors to the Rock Hock Island board United States Steel com cornmon corn com common mon was as the leader of or the group as high as In the arlY afternoon as CS against the ears low of or established yes yes- yesterday yes yesterday Hudson rallied over oer three points and General Motors Motor Mack Truck Truck and several everal others In that group sold one ono to two points higher |