Shanghai, June 15, succession of dally advan-lees brought the Dow-Jones averages for all of the major three market groups to new highs for the current movement on Tuesday. On. that day. industrials closed at their best figures since September 1931 end utilities since - August 1934 though rails remained below their February 1835 peak. The rise due to investment buying for the long pull find the final spurt which carried the averages through their previous Fecent resistance levels was initiated bby an order to buy 5,000 American [Can at the market. As has so fre-Jauently been the case of late, how-fever, just when the market seemed GeBntely headed for higher levels it received a blow from political quar-tore and on Tuesday after the close of the Stock Exchange, the Senate assed the Utility Regulation Bill 2 vole of 58 to $2 alter rejecting by sharp break in Towing day, though industrials and rails despite some irregularity sucfeeeded in again moving fractionally higher and. advanced further Thursday. Commodities were relatively weak and despite minor ad-Vances in rubber, silk and sugar, the index for this group recorded Jo decline due primarily to a wide Fecession in wheat prices. The Jeomposite business index of the "New York Times" registered. Janother gain but activity in some of the individual fields, such as stea! operations, was less than in the pre-Vious week and a general decline in Dusiness is expected until the late The Market in figures:
Thursday,
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