Show STOCK MARKET RECOVERS LATE By ELMER C. C United Press Financial Editor NEW YORK June 20 UP UP-A UP A Aate late ate recovery on the the- stock exchange Thursday left the tho market irregular in n a narrow range after a decline that hat had sent the list down 1 to more than 3 points The rally came late Jn In the session during a period of dullness In earlier dealings when the market was in a decline volume had bad been fairly large although under yesterdays yesterday's yesterdays yesterday's yester yester- days day's total Demand for the tho aviation group was a late feature United Aircraft rose up a point Douglas im improved improved im- im proved and fair activity was noted in other issues of the group Participating in the late lato recovery also were tho rails Chemicals also alao whittled down losses Utilities closed at small net losses Silvers rallied to gains ranging to a point American Telephone rose more than a point from its low J. J I. I Case more than made up its early loss of 1 8 3 points Allied Chemical Chemi Chemi- cal reduced a decline of 3 8 7 points American Can touched off 3 and came back to within a small distance from the previous close Recoveries of a point or more were made by Westinghouse Electric Eke Elec du duPont Pont Air Reduction American Amen Ameri can Telephone Cerro do Pasco U. U S. S Smelting and American Smelting United States Steel moved over ever overa evera a half point throughout the tho day and was at a small net loss os the session closed Standard Oil of Now New Jersey touched 46 off 1 before meeting support Grains rallied and closed higher after a further decline in early trading July wheat touched 78 and closed at up 3 cent bushel bushelon on the day July corn closed at 82 up 8 5 having rallied from a low of SOU 80 Cotton also rallied near the close Other commodities moved irregularly In a narrow range Hint that the government might eliminate the tax exempt privilege brought heavy selling Into United States government bonds where losses ranged to eight thirty seconds of a point |