Show WAVE HIT S BIC BOARD NEW YORK sept 29 The stock market ran into difficulties y Fri day following a drive on American Telephone and many equities which were firm in the early hours more than han canceled their gains in a last hour lour selling wave Sonic Some of the metal issues held part of their their- advances Tie The close was rather heavy Trans fers ers approximated shares The bear attack on Telephone drove that hat stock down for final a loss o oi more than 4 points Other utilities hesitant most of the day ended vitt it moderate declines The group up around 1 to more than at one time were about even at thi m finish While the activity was more pronounced than on Thursday there were periods o extreme dull dullness dullness ness throughout the session uncertainties continued ier gender caution among the major jt of traders Shares of National Dl tillers ex cx a whisky dividend at 0 9 today instead of Monday because bi be cause of the recent two day deliver rule got up around 6 points point at on time but turned back later later- ater U. U 5 Smelting halved an early gain of l Fractional gains were held by Am can Commercial Alcohol na Distillers Celanese and Standard Oi 01 of New Jersey Aside from Amen Amer can Telephone other losers of frat frac to around 2 included U. U S. S SteV Stes United Aircraft Consolidated Gaj Ga Case Western Union New York Cea teal Union Pacific and Steel |