Show Market Recovers From Jitters to t Rally Raly Up to toi 2 Point 1 POLITICS TALK ADD m HOI HOIBy HOPEy HOPE HOPf B By y VICTOR VICOR EUBANK K t NEW YORK June 2 r rallying allying tendencies prevailed T stock Thursdays Thursday's market as a V Walt Wall street treet s took a more hopeful siai I t the he domestic political picture 1 d displayed a little less Je nerous over ver o war moves abroad 9 I Gains for favorites r ranged ft rom rop f fractions to 2 or more poi point the forenoon but dealings dealing w were sluggish throughout throughout Prices w re cut in most cases at the cl ci Transfers were around 45 shares shares Financial quarters had I eve eyes and ears mainly for the Republican an 1 iii tonal commission convention conven houses ton and customers customer I placed nearly ne as many wagers on candidates t they tiey ey did commitments commitment in stocks stock a. a Peace talk continued in stock 83 board rooms an and some war ar infant infants boid had h. h trouble in I making heard The idea that Hitler Hiter d the British might come to terr tej credited tem was mainly for a sh upturn in the free pound sha and Canadian dollar dolar New Nw N pi R sian-Rumanian sian de vel 0 p I e served to puzzle rather f pule than late traders Aircrafts Rails Lead Led j I Aircrafts utilities rails rais 1 an chemicals were in front the ge geter greater ter part of the day Among bolstering factors oft was wa the announcement weeks week's freight loadings for It tt third successive week were more than seasonally to a n a-n n 1940 high Prominent gainers at one ti t tor tin tinor or another were Douglas Glenn Martin Martn Great North Northe Pennsylvania Southern Souther Consolidated Edison Americ Ameri Water Works Public Service New Jersey Du Pont Westin house J. J C. C Penney and Mont ery Ward Packard was relatively lively a minor advance following repot this company might turn tur tob to b scale manufacture of airplane a amarine marine engines engine i T- T Bonds improved and exception of grains major c co cc pointed forward Will Wi Willit Wf at it Chicago lost 1 to 1 cents cent bushel and corn cor was Ji 4 lower lowe up jp Vs Va Cotton Coton in late was vas up 5 to 30 cents a bale f. f Travel Reports Report Good I. I f j Supported in the curb were EI ric Bond and Share Ameri Cyanamid B Gulf Gul Oil Jond Jone Laughlin and Phoenix On the side of the rals rails 1 estimates the n nations nation's tons ton's road roads 12 2 months ending June 30 wo enjoy net income of about JU 51 1 which would be a pea peak the he past decade with one ton ion tion Steels retained many of Ui th friends frends as mill mi operations d dir July uly and August were expected exceed 80 per cent of capacity 1 Market analysts studied ft t summary of the Engineering Ne X Record Record which disclosed consul tion ton awards for the week e en Tuesday were off of 64 per cent fr the preceding week and 17 per CO COunder Ki under the corresponding 1939 P nod Private awards howell i T while 70 per cent below the p p. p week topped the like lie w wa wt wed weda a year ago by 34 per cent cent I Notice also was taken of the te Du BI D Bradstreet compilation indica ing bank clearings in 22 pric cities cites for the week ended Wed day were some ahead e ethe the comparable week last yett yea but were around W C than in the past week Best l' l ea ear ear- year to-year improvement was short by Portland Ore Pittsburgh B Bal Baltimore tore tin Cincinnati Seattle Allan Louisville and Detroit Detroit |