Show Market Shuts Down D wn to a Trickle Trickle as Traders Trad rs Watch News News ONLY Y FAVORITES SHOW INCREASE By VICTOR EUBANK EUBA NEW Y YORK RK June Juie 22 UP UP-elec- UP R Selective JU e tive stocks made occasional passes at a rally raly in Saturdays Saturday's market but many issues s dozed at moderately moderately moderately lower levels as traders still sti conserved buying power pending clarification of the French decision on Germanys Germany's armistice terms The hesitancy that marked the preceding session continued and transfers of around shares for the two hours were among the smallest n in about a year A few favorites got up a point or so but fractional declines and losses were widely spread at the close cose Financial quarters shook off of some of the gloom resulting from the French collapse and hope ap appeared appeared appeared ap- ap to have revived on indications indications indica indica- tons the British may have taken over a major portion porton of the losers loser's fleet feet If I this proves correct it was concluded the English have havea a a chance of stopping the nazis All Al of which adds up in the opinion of most market observers as bullish for securities Bonds Uneven Bonds were a trifle uneven and I commodities steady Free sterling sterling ster ster- ling pushed up briskly in terms of the dollar dolar American Woolen common and preferred were given another lift liftin liftin lt in the stock division Talk was wasi i heard of the woolen industry in inthe inthe inthe the wake of mounting military mitar or orders orders orders or- or ders boosting production soon to toa toa toa a peak for the last two decades United States Steel and Bethlehem Bethlehem Bethlehem Bethle Bethle- hem held their own on the belief belef mill mi operations next week would advance to within touching distance distance distance dis dis- dis- dis tance of 90 per cent of capacity Aircrafts Aircraft such as Douglas Boeing and Glenn Martin were hesitant on expectations ons big army and navy nav orders were in the offing Up Upa a bit at one time or another were Manhattan Brooklyn Brooklyn Transit Standard Oil of New Jersey Texas corporation J. J C. C Penney General Electric Santa Fe Southern Railway Railway Rail Rail- Rai- Rai way General Motors Sears Roe buck and Consolidated Edison Backward Backard Issues Backward most of the time were Anaconda Montgomery Ward United Aircraft American Telephone Telephone Tele Tele- phone Western Union and Aled Allied Chemical Chemical Supported In a sluggish curb were Brewster Aero Lake Shore Phoenix Securities and Pittsburgh Lake Erie Bolstering market sentiment were reports of expanding department department depart depart- ment store sales throughout the country countr The federal reserve summary summary summary sum sum- mary estimated distribution in this line for the week ended June 15 I was 9 per cent larger than in the corresponding 1939 period Best increases were shown by the districts districts districts dis dis- dis- dis of Cleveland St. St Louis Minneapolis Minneapolis Min Mm- neapolis Richmond and Atlanta Holders of the rails rail found comfort comfort comfort com com- fort in a forecast of the midwest shippers' shippers advisory board that third- third quarter freight loadings in the central central central cen cen- territory would be the highest for these months since 1931 it I was expected shipments would top the same quarter last year by 19 per cent |