The Waterbury Democrat., 1931-12-01
Wheat Rallied And
 Whole Market Took
 Sudden Leap Ahead
All Branches in the List Turned Upward s. Steel
 Got Itself Away From the Depths

dations would be taken up after the first of the year.
 Wall Street experts estimated the car loadings to be reported by Washington tomorrow and the hsowing was considered favorable. Loadings in the latest reporting week were estimated down 37,000 cars. This was considered less than seasonal and compared with Q de. cline of 6o,000 cars in the corre- spending week . year ago.
 and then came back to S1 7.s. Pennsylvania Jumped to 24 from P 1-2; Atchison to s4 3-4 from 87 1-2 and others of the group mare corresponding recoveries.
 U. s. Steel after making a new low since 1915 at 51 3-8 rose to 54 1-2 where 1t was still off IA from the previous close after al- lowing for the $l dividend. Auburn shot up 8 IA points from its low of 103 1-4, while American Can rose to 68 5-S off IA after touch- ing a new low for the bear market at 66 1-4. Paramount rallied 2 points after touching a record low at 2 3-4.
 Utilities rose with the other is- sues. Copper shares hrmed up but failed to give a demonstration of any sort for the frmer price of the metal.
 The rise in Wheat carried that Cereal to net gains of a cent a bushel after early declines. The rally was traceable to private esti- mates showing poor condition of the crop and acreage about as ex- pected for winter Wheat.
 EARLY TRADING
 hs. New aeains aiGns in Pef the pound .tsrms fSr which carried the. quotation to an 11-year low at $s..29hs made for caution at the opening on the stock exchange to-day.
 Prices moved moved, narrowly In an s IT; dull after . slight spurt of activity In the last hour yesterday.
 There was no definite, trend In any group, For example. New York
 ssssaa psahs ass: and 6hle to wss ssT up Thf a as% in the railroad group; stand ard oil of New Jersey lost to 32 while Texas Corporation gained M to 113 in the oil section; Inter. national Nickel rose to 9, selling ex-ulVlOenu, Wnue AHhCOHuh was down A at 14 and Kennecott down t at 12M in the coppers.
 Auburn Auto declined to l09 off 2; American Telephone 12SM off lM: Woolworth 45M or x; General Mo- tors 23& of x on 5000 shares; Du Pont sex of M; Public Service of New Jersey 5s, ex-dividend, off k: Westinghouse Electric 33% of 1 x: Case 3SN of tA; Sears Roebuck s7M off and vanadium isX off M.
 United States Steel common stock dropped to . new 16.yeaf low In the early trading on the stock ex- change. It sold at 62M. against the previous low made yesterday at C9. The stock was selling ex-divid- end $1 which theoretically would make the low equivalent to 53A. It closed last night at 5sk.
 Paramount was weak spot. dropping tp a record low at off lM. Radio x eith- Orpheum was within a shade of its low at l k off #.
 Pressure continued against Para mount and the issue dropped Q point in e few sales. Other amuse- ments crumpled with 1t. Fox Film A making q record low at 4& on x.
 Selling continued in the bond market where United Kingdom 6Ms dropped to | new low for the year with . loss of nearly points. Rail- road bonds also were under pres sure. their weakness bringing new selling into rail shares.