New York, Sept. 28.
Stock prices on Wall Street today advanced from 1 to 4 points, along a broad front. After declining up to about 3 points, the market turned about completely and trading became very active and strong. Numerous blocs were featured in the trading, with the rush to buy touched off by Herr Hitler calling a four power parley at Munich tomorrow. Tickers at one time were six minutes late, with trading in some stocks, including General Motors, Chrysler and Motgomery Ward temporarily matching selling orders. Later, the market became quieter, as, while sentiment was more optimistic, it was realized that the results of the Munich Conference still have to be learned. All groups participated in buying, with steels and leading motors very prominent. Rails strengthened on expectations of another increase in weekly carloadings, while chemicals improved, as it was understood that exports of chemical products have recently been very heavy to Europe. Oils were well supported. Meanwhile, Wall Street is inclined to agree with Mr. Daniel C. Roper, Secretary of Commerce, that the domestic recovery is due to move forward briskly if war is averted. The turnover today amounted to 1,570,000 shares.
Text read from the printed page and cleaned; old type leaves the occasional error.