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Show M STEEL ISSUES APPE ARER R ATIC Speculative Stocks Hold Greatest Attention on Wall Street NEW TORK. Jan. 23 Standard stocks rin ra wav i priative iue to-lav. to-lav. ThA Independent utelji reumd 1ki waelfs rrratic moroBMlitJi. ra nrdlnc; wide flu"futlunv Sales approximated j0 I N rw.are -i , -r' Speculative Issues rallied moderatcy At iheopenlne Steel." and equipments mnl-feated mnl-feated some relaxations from last Saturday Satur-day selling pressure Oull Sta,";,L Ur" plngla. Mldvale and l'nltd states Steel-i Steel-i je large fraction. Sugar, copper and rails alao Improved, but oils and motors .fTf lower foreign exchanges were irregular, ir-regular, although lxmdon's rnarkets weer firm on tha successful underwriting of new eastern European loans. Reactions In one to two points In domestic do-mestic and foreign "Us gave the. market a hea . ' n luring the first hour. Tnls J was further impressed by felling of minor mi-nor ste!a ond eciuipments a!si motors d UiHr specialties and r"'P3'" tobacco and chemicals The morket rallied Irregularly Ir-regularly before noon. Oulf States Steel 'dranclhg 74 polnta on renewed buying buy-ing o fsugars. textiles. American Can American leg and local tractions. Of the latter Manhattan Hlcvated and In-terborough In-terborough Consolidated preferred was mrongeft. rising 2'j and .1 points, respectively. respec-tively. Call money opened at five per ' '"onflirtinz movements characterised tha earlv afternoon trading. An abrupt falling of I'nited Sial Steel and Manhattan Man-hattan Elevated of nearly five point from the high level of the morning and drop of almost m point Virginia Iron. ""oal and Ok, unsettled thr- lift r for a time but subsequently active bid--ling for the sugars and equipments ln-T ln-T fused a steadier tne nil around. fjulf States Steel rallied sharply later. U did also Virginia Iron, foal and Coke, but oils, equipment' and fohaccs were tower The closing wa! Irregular. Lib-.-rav bonds eased and railroad bond were featureless. NEW YORK STOCK LIST (Last Sale) AlllB-Chalmers American Beet Sugar 36 merlcan Han merlcan ''ar (foundry . . 147 American Hide &. Leather pfd 91 American International Corp. 40 merlcan Locomotive lrn American Smelting & Uefg t74 merlcan Sugar American Sumatra Tobacco 33V'i American T & T 117- American Woolen !r,1'E naconda Copper .50 Vtchlson . . ' SG7a AU Oulf & W Indies IMk Maldwln Locomotive Baltimore A- Ohio . . 1416 muaaa Bethlehem Steel U 69fi fjH Canadian Pacific IU HMmm ntral Leather tilt JmJM handler Motors 59 ImmM ("heoapeaka Sc Ohio M i Chicago. Mil & St Paul IS'.-i wWW ' . lorado Fuel Imu ' torn Pro i gHfl Crucible Steel 60 'i ' iita Cane Sugar H A . , T . . .1 . 1 1 leneral Motors . B tloodrlch Co I7si Ireat Northern T'M WV 'Jreat Northern Ore 'tfs 3 Illinois Central 10oB inspiration Copper -0i Int Mer Marine pM Mf I International Paper 494 ( Kennecott Copper . I i Louisville A N'ashvlllt "' , t i Mrfca.n Petroleum llC'i I Mian.l I lopper I 1 Middle Statet Oil I I AfldVftlo Steel II Ji i I allaeourl p' ifl 1 Vew York Centre ! , 74 St r K H ft II ; Norfolk & Western 9f-t W NortJiern Pacific 77V4 i' jklahoma Pro-J St Rel 2rg Mil ''an Amerb-an Petroleum 52 II Pennsvlvanla MM fm People's Gas G'!i iM Pittsburg nnd Yest Ya Z4D m nay Consolidated copper hS Heading 73 Em 'T Hep Iron Steel W f , Hoyal Dutch N Y B0 W Shall Wvii Sinclair Coil ll M V Stan. b.:. I Oil 1 I ' ' Studet.ii mk Teaneesei "" i mm Texas Co s5 m Texa.- .' Ki 'i. CA fnion Foo.1 Products 129' BU4M mmm ii S Retail Stores ti mtmt United Stales Steel I "tan Copper M? I Westlr.ghouse Electric ."oTa 1 iii. nrerland in H American Zinc, iead and Sm 14 f.i t:- and Superior 3T4 ; 'ala Petroleum . 47 V Montana Power 7n ' m mm f mWt Invincible OM leU L 00 '- fl NEW YORK SUGAR LjM NEW YiRK. Jan. S2. The early raw --ugar market was firmer and while not H; business was conllrmed. It v. as rumored cost and trelglit, equal to s.SGc for ren-nifugal. ren-nifugal. an advance of 13-16C over last 1 The firmer ruling of the spot market led to renewed covering and Mattered. outside buying In raw sugar futures, with t e prices at midday C to 7 polnta net! mmm changes occurred In refining sugar ( "f the local cfln-rs were wlthdravn. 1 New business was licbt on account of in- I ftllllt- of refiners to make deliveries. HV-fined HV-fined futures were without transaction. Sugar futures closed firm; approxi-mate approxi-mate BAlea I4.X50 tons; March 2.43c; May 63c; July 79c; September 2.94c. SI FOREIQN EXCHANGE i i .' .isn. M. Porelcn ex. , twM change im-goier. Ureal Britain: Demand $1.21: cables mmm) u mjM' r-'raii" i . I 'cruand 8.03Vic; cables S.01c itah . Pemand 4.37c; cables I.Stfl Helglum. Demand 7. 69 Vic cables 7.70c. mm Germany : Demand 47ic: cables .48U1" mm Holland: Pemand 36.20c; cable? c.2 N'orwar-: Demand 13.64c. Sweden: Pemand Si.SSi Penmark: Demand 20.0u Switzerland: Demand ro. Spain Pemand H. :?... IS tireece: I'cmunJ 4.32c Arirentine: Demand r.L.'. mmm Brazil. lemand 12.62c. 'MV POULTRY MARKET kmjL . Cher; f-wl 24c-: springs Tonvr- lLm.-y" ' I NEW YORK SILVER - I Bfexlcan d..,'i;n |