Show STOCKS FAIL TO FINISH RALLY Shares Move Upward but Drop When Selling Orders Appear NEW YORK 2 28 The WV-The stock market started a promising rally early Wednesday but it faded out In the final minutes of trading when selling orders appeared in a few leading stocks The rails which had led other stocks upward retained a sizeable portion of their 2 point gains but most of the industrial stocks theirs Trading was more active than in some days transfers totaling about aboul shares General Motors was singled out for foi selling sizeable offerings sending the thi quotation down nearly a point net A combination of tax selling Coupled with renewed doubt over ance fo the dividend rate were responsible Railroad shares up about 2 point in the earlier trading included New York Central Santa Fe arid and Union Unior Pacific These lost about half o of their maximum advance near th the close Allied Chemical and Corn Corr Products closed more than a point poin higher Earlier gains were about abbu completely lost by Consolidated Gas United Aircraft and American Can Stocks closing lower included Amer ican l ean Tobacco B and U. U S S. Steel American Telephone retained a frac lion tion of its earlier gain |