| Show Stocks With ith War Tinge Swing Upward Other Leaders Follow I TRADE REFLECTS FIRESIDE CHAT By Victor Ictor Vitor Eubank Associated Press Financial Etor Editor 1 NEW V YORK Dec Dee 30 3 Stocks Stoc with a war tinge swung upward In i Mondays Monday's market and many leaders leder elsewhere inclined to trail along 1 Gains Gain ran rn to t 2 pint points or so for scattered favorites ories fa but advances l generally w were ere in modest fractions I marks in of cases Top the te majority cs s i were established In the te forenoon j 1 when dealings were liveliest Volume Volume Volume Vol- Vol j ume slackened somewhat thereafter there there- there after aLter and prices were under the I Iest best bet est at the finish finish t Transfers Transfer for the full fun session J were around shares I Find Bullish Trend I Wall Vall Wal street seemed to find nd bullIsh bull bull- Ish sh hn implications in the presidents president's smack mack at the dictators and his hi j opinion that the axis ais powers with wit the he United States stepping up its is isaid aid to the British would emerge on the he losing end While visions of booming ming industry spurred purred by armament armament armament arm arm- ament spending touched off oU further further fur fur- ther share purchases the new newest t nazi blast at London served to re restrict s-a- s sere strict speculative enthusiasm to some extent extent Helping extend rallying symptoms symptoms toms which appeared late last week w wa as the drying up of year-end year tax t offerings which had been acting as asa asa asa a brake brae on come-back come tendencies In addition additon an assortment of sold sold- out customers were understood to have ha lave reinstated commitments on the theory theor year the year the trends tends usually are forward A sharp upturn in this weeks week's estimated steel mill mi operations propped sentiment New tw Highs Show New highs for 1940 or longer nger were to be discerned throughout the list These included Timken Timken- Detroit Axle and Mack Trucks Trucks both of which companies are ae ex expected ex- ex to t benefit materially by t the te e defense deene program Well Vell Wel in front the te greater geater part of the day were U U. S S. S Steel Bethlehem Bethlehem Bethlehem Beth Beth- lehem Youngstown Sheet Sheet ChIsler Chrs Chr's ChIs ler Montgomery Montgomer Ward Sears Roebuck Roebuck Roebuck Roe Roe- buck Westinghouse house Air Reduction American Can Dow Chemical Union Carbide Johns Manville Johns Owens Illinois Eastman Kodak American Telephone J. J I I. I Case Douglas Aircraft Glenn Genn Martin Martn Union Pacific Santa Sant Fe Fe Consolidated Edison Edison Standard Oil 01 of N N. J J. J and American Telephone Among curb advances were Heyden Heyden Heyden Hey- Hey den Chemical Consolidated Gas Sc Electric of Standard Steel Springs and Todd Tod Shipyards |
