Show NEW PEAK IN TOOK STOCK PRICES Steel Report Is Cause C of Increased Buying The closing coing TV o was as strong Leading motors took tk a more mort commanding po position p- p In the late lt advance especially General Motors Chrysler and Hud Hud- son Union Carbide National 1 Lead Ld Atlantic Refining Sterling and South Porto Poro Rico Rio Sugar old were among the many specialties elc- elc 4 or 5 points Collins c Alk- Alk Ak- Ak Akman man however ver dropped about 7 on the announcement hoy of forthcoming new fi f- f I I- I Total sales approximated J shares NEW NW YORK July 11 By 11 By By The 1 Associated Press Pre Constructive forces were again tt ct work in today's stock market which responded to the unexpected Increase In the unfilled orders of the U. U f n. n Steel Ste and prospects of good god crops and a continued ease case of money rates rate Pools plentifully supplied with funds lifted more than n a 1 score re issues Issue to new peak pak prices for the year Despite the set set- setbacks setbacks backs bk recently given glnn to pending rail rail- railroad rai- rai railroad road mergers by the interstate com com- commission on there was a persist persist- end demand for the stocks stock of the car car- carriers Cr- Cr carriers Identified with consolidation gossip New peak pak prices for the year eal gop were registered y r-y Iy St St. Louis South South- Southwestern Southwestern western common Chicago l Eastern Illinois common Kansas Kan City South South- cm eels and Louisville k Nash Nashville Nash le Merger gossip accompanied rise In I tobacco shares again in new high ground Talk pf of hidden earnings was used as a bull bul argument m en 1 American Can Can also at a new top Among the many other oter issues to break breakthrough br breakthrough k through their previous peak peale pea prices price were Lambert Gotham Silk Hosiery Air Ar Reduction Mathieson Alkali AI a and Sterling Products A few weak spots spot cropped out here end anti there but failed to halt the buy buy- buying inC ing In In other quarters Electric Refrigeration dropped to a anew anew anew new low and Real Silk Hosiery Hosier was a again in supply |