Show Selective Bidding Lends Mild Rallying Impulse se to Stocks BRIGHTER WAR PICTURE HELP By VICTOR EUBANK Associated Press Financial Edit Eit NEW YORK Sept Sept 17 Select 17 bidding was sufficient to gu gi stocks another mild mid rallying fill fillin fl flin g in ill Tuesdays Tuesday's market market Steels motors aircrafts aircraft r rand rai ra and industrial specialties manage manag to tack on oct fractions to a aso point so despite scattered profit in the last hour t Slow-downs Slow W were v e ere r e throughout the proceedings but ir ft flurries of activity pi P the days day's transfers to around 00 shares against less than 40 Monday 30 i 1 Sentiment seemed a bit more o ot or brokers said as told of bad channel bad weather p po po sibly stemming the long threaten nazi invasion of England j J At the same time lack of ot an a real buying momentum was ute to the idea of many that th final chapter in the war story h hyet ha 11 hayet yet to be written and that an u-r u foreseen Hitler Hier thrust mig mgt dampen market spiris spirits Nothing much new was wa discover in the Churchill speech to th house houe of commons but tl German bombing of London an word that range long guns w t about to shell shel the capital tend tende to keep commission house house custom ers in m a wary mood Defense Spending Helps I J Domestic spending for defense j was wa said remained as a the principal pal argument of those who c con contend i tend this pump pup primer ultimate at l l' l would put new life le in industry Among better beter share performer were U U. S S. Steel Chrysler General Motors Dougla Aircraft United Aircraft Boeing Great Northern Santa Fe Westinghouse General Electric Electr Du Pont John M Manville Johns U U. S Rubber International Harvester Standard Oil Oi of New Jersey Pa Packard Packard Pack Pack- ard and Phelps D Dodge dg Carriers were favored in i the E bond division Commodities wen mixed Wheat at Chicago was wu wasi 8 1 to 8 5 of a cent a bushel bu corn eased faed 8 1 to 5 5 8 Cotton In lat late transactions was up 10 20 cents a bale Securities at Lon London London Ln don held to a fairly even course course Supported in m the curb were Be Bel Aircraft Aluminum of America Amer Mead Johnson Johnon American G Gas as Glen Alden Coal Gulf Gul Oil Oi UC ant anc Colts Colt Cols Col's s Patent Fire Arms Bullish forces derived derive satisfaction satisfaction tion ton from an announcements heavy war department ders for airplanes engines and other military equipment amounting amounting amount amount- ing to millions of dollars British Purchases Factor i Not overlooked were trade sur pj veys estimating British purchases purchase in this country were ivere the rate of about monthly Buying in the United States from this source it i was as believed was in the neighborhood of m in the months of the conflict and as assuming assuming as- as suming continuance of hostilities it was expected an equal sm sIlo would be put out here m in the n next t year 9 a aThe The following aircraft company Those following aircraft com coma pany shares scanned predictions that sales m in this field during 1940 would exceed com compared compared pared with in lii 1939 Output at the end of the prese present year in the opinion of some avia aviation tion students should be at the rate rale of more than an ail annually Just how much climbing taxes would cut profits though was the unanswered question for forthe forthe the plane makers M Brightening of the steel picture with mill operations in the near future fu 19 tune ture thought likely to hit 94 P pel cent of capacity aided stocks j ja this category Buoying motors was the report of one manufacturer i that retail deliveries m the first 10 days of September were per cent greater than in the comparable period last year |