volume Rises as List Reaches New Peak: But Rail Issues Decline
NEW YORK, Jan. 21 (APIÛÓTh# stock market gathered atrength after an uncertain start today and carted out another historic peak.</br></br>Steels, oils, aircraft! and airlines put on a sturdy performance. Rubbers, tobaccos, chemicals, drugs and assorted issues joined them on the upside.</br></br>Trading interest picked up as prices strengthened. Volume was 3,940.000 shares compared with 3,680.000 yesterday.</br></br>An ultra-blue chip, Superior Oil of California made a new high as it soared 105 points, closing with a net gain of 85 at 2020.</br></br>The market was hesitant and mixed in early dealings. A gradual improvement got under way. Once the ball got rolling, turnover increased and slocks staged a lively rally in late dealings.