New York, July 28.
Stock prices on Wall Street today finished with gains up to about 2 points, with trading very slow until the final bell when the advance broadened. Motors were stimulated by the better than expected second quarter earnings of Chrysler and General Motors, while steels, after being initially backward, finally attracted modest support coincident with the revival of talk regarding the readjustment of steel wages. Rails advanced on predictions that carloadings will improve in the near future. Meanwhile, the tone of the market is better, but there is still considerable caution in evidence with many buyers keeping to the side-lines pending developments. The turnover today amounted to 1,070,000 shares.
Text read from the printed page and cleaned; old type leaves the occasional error.