Show Stocks Rally S After Plunging When Duce Declared Wai Wo WaiS ITALY'S ITAl ACTION ACTIO SHAKES MARKE MARKEl MARKEBy By VICTOR EUBANK Associated Press Financial Edito NEW YORK YORI June 10 JP P-J P 4 J erratic stock market Mond greeted the announcement th Italy had taken the long wait await plunge Into the tM war on the side G Germany Th The list fell 1 to 4 points for lea ers in hi the foren forenoon forenoon- Ona a few Were vere off as much as s 10 or of so so- so bulletins told of nazi gains in tl drive on Paris the capitulation laUon Norway and additional s British ships Word that Mussolini would a adress adress adress dress the nation later in iii the d d. also brought lightening Of cor coi by speculative force When the Italian chieftain hurl his d declaration of hostilities At t tallies tallies allies prices stumbled to their loof loof lo 10 of the day It v waS Wag a brief r lap how however ver and ste steels ls quickly en a comeback th that t en bl this group to convert an eat ear sharp decline into net advance Quotations again slipped in t final hour although most finish well above b bOttom bc lev levels of t session Home Horne Business Better Part of the afternoon rally w attributed to tc- the b belief Ilef in W. W street the market had pretty w disc discounted the latest nean Man development Also t th thought was present that hor hoi business was good and rapidly g gi ting better Up to tel the recovery ry flurry r tween 1 and 1130 p. p m. m dealin Were relatively slack In Iii the sho shoe lived buying rush the ticker ta speeded up The pace then slow again Transfers for the fi hours approximated Shares Prominent on the slide slide sor sor eventually cut reactions were reactions were S. S Steel Bethlehem General W M tors Chrysler Union Pacific Nc Nt folk tolk Western Allied Chemic Westinghouse Eastman Kod Kode American Can Douglas Dougl S Sperry Lockheed Sears American Smelting Du Pont D Dc Chemical and Western Union Holds Plus Mark Montgomery Ward was one the few stocks holding a plus ma of around a point during the greer greer gre grez er part of the pr proceedings c dIngs Steels stiffened in the Wake U. U S. S Steels Steel's May shipment figur disclosing a substantial l and the official estimate utti this weeks week's mill operations f for far r t industry up 43 points at F J cent of capacity highest tin sin in mId nU ry |