Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-11-14
STOCKS MARKED UP
FOR WIDE GAINS IN
GENERAL RECOVERY
Rally Started at Opening
Is Well Sustained
Through Day.
CONFIDENCE RESTORED
BY HUGE BUYING ORDERS
Proposed Tax Cut Plays Part in
Reawakening Bullish
Enthusiasm.
By the Associated Press.

BY the Associated Press.
NEW YORK, November 14.-Wall
Street cast aside its mantle of gloom to-
day as prices of leading securities rail-
lied So to $40 a share and closed prac-
tically at the top 1t was the first sus-
tained rally after week Of destruc-
tive liquidation which had wiped out
billions of dollars in quoted values, and
sent scores of stocks to prices Which
represented only a small traction OF
their years high levels.
Closing Prices.
Closing prices, together with net
changes compared with the previous
close of about SO leading issues on the
exchange, are given below. When trad
ing ceased at / pm. the stock ticker
was approximately two hours behind IN
reporting transactions Total sales were
approximately $780, 900 shares.
American Can, 10212, up 1917; Amer
ican SS Foreign Power, 81, up IL; Amer
ican Smelling, 20, up rs; American
Telephone 81 Telegraph, 217l4, up 1914;
Anaconda Copper, 75%, up 5A; Andes
Copper, "a, up 37s; Atlantic Refining,
80, up 3.
Steel, s47s, up 5ss; Briggs Mfg, IL, up
az; Canadian Pacific, 1879, up ga;
Cerros de Pasco, 5712, up 5A; Chrysler,
29, UP 2; Columbia Gas & Electric,
62%, up ga; Columbia Graphophone,
21la. up 324.
Commercial Solvents, 28h, up 61a;
Commonwealth 6S Southern, 1919, up
ia; Consolidated Cas- 9034, up 1914;
Electric Power g. Light, 3634, up 4s4;
Erie, 4s!s, up 59s; General Electric,
19o, up II.
Ss1a, up 5ss; Hudson Motors, 4lN, up
3L: Johns-Manville, los, up 10.
Kennecott Copper, 5934, up ga;
Lorillard, 1924, up "a; Missouri, Kansas
6E Texas, 81, up 8; Montgomery Ward,
56Hs, up q; National Cash Register, So,
up S; National Dairy Products, 48, up
s: New York Central, 169, up 8; Pack
ard Motor, 145s, up Ia; Paramount
Famous-Lasky, AZ. up 51a.
Radio. SO, up 44; Radio Keith Cor
poration, ~, up IA; Sears Roebuck,
sS up .;lS s.; Sinclair 1.1Ss Con y gA ~ DS1s' 4
Standard Oil of New Jersey, 50ia, up
734; Studebaker, 40, up / Texas Cor
poration. ~, up i; Texas Gulf Sui
Union Carb. 68ja, up s14; Union Pa
cific 2131s, up 1879; United Aircraft 3s,
up 67s; United Corporation, IS, up 5k;
United Gas & Improvement %, up az;
United States Steel 160, up sis Vana-
dunn SO, up 10; Warner Bros. Pictures
s4I. up Az; Westinghouse Electric a.
Manufacturing. 119, up 14l2; Wool
worth, SOS, up 83s.
Closing Curb Prices.
Closing prices of leading curb shares
and their net changes follow:
Associated Gas g. Electric 3S, up l;
American Cities Power g. Light A 291s,
up u; Allied Power & Light 3o7s, up
615; American Superpower 204, up
4A: Blue Ridge 61s, up Is; Blue Ridge
preferred 28A, up 5l2; Central States
Electric 20, up 3ss; Cities Service %.
up 31z; Electric Shareholdings 13%, up
TX: Goldman Sachs 391a, up Az; Gen
eral Theater 81, unchanged
Middle West Utilities old, 215lA, up
3K: Pennroad Corporation. 1873, up Is;
Prudential Investors, 1879. up 3A;
ssosS Shenandoah; n1:,erTsa Ta' up s6 y" ,D Sssn s
Transamerica, 44ss, up SIS; Utilities
Power & Light. Is, up "a; United
Power & Light. A, "a, up 4; United
Gas, 1884 up "a.
Situations Cleared Up.
Wall Street nearo CnaL TWO disturbing
situations which had been overhang1ng
the market, the nature Of which was
not revealed, had been satisfactorily ad-
justed, and that investment buying of
stocks, particularly by large insurance
companies and we'll organized invest
ment trusts, had been resumed on
broad scale.
The determination of large financial
interests to place a peg on such issues
as Standard Oil Of New Jersey, United
States Steel common and Anaconda, at
which they would be supported with
large bids, at least for the time being,
served to discourage bear" attacks.
which have been widely held responsible
for the recent destructive liquidation.