Salt Lake Telegram | 1941-02-17 | Page 14 | Steels and Rails Go out Front as Stock Market Shows

Steels and Rails Go Out Front as Stock Market Shows Rai ISSUES RECORD SLIGHT GAIN OAIN By Dy Victor Eubank Associated Press Financial Edit Edil di NEW YORK Feb 17 stock market sat up and too took took little more rallying Monday but its it appetite wa wai f j wa from robust robust Steels and rails rais got out In at the start star and other fo trailed along for gains gais rang from fractions to a point o or Top quotations were vere shaded erased In many instances shade at t i close cose Sluggishness of de a i throughout made 11 such recover as appeared rather Transfers of about Iliad shar were among the smallest for a f fa session since last September fi The market apparently apparently pal scant attention to the general r n of news although word r Bugan I and Turkey had reached a n no noI nol I aggression accord which was f If as meaning the latti f I would not fight in the event lat G Geman man troops marched into Gi M I garla garia tended to further Bu bidders res j Steel Output Drops j jA A drop of 2 21 points poInt in I j W weeks week's steel mill mi operations 1 hardly a disturbing influence in i- i as the recession had be bee bed predicted because of shut down for furnace repairs and strikes i isome ir some sectors Climbing raUw I revenues helped brighten the in j. I picture I i Part of the early g b h share purchasers was attributed t the belief belef the list 1st was ws In Jn a t better beter technical position beu muc of the recent slide pu pt the averages to around their lo loof p Io of last June j 1 i Stocks ahead most of the tint tin te tc included U. U S. S Steel Youngstown Sheet Santa Sant It Ye Chesapeake Ohio General Motors Harvester Sears Roebuck An Aol An conda United Aircraft Aa American Can General Eler Du Pont Union Carbide Allied Ale Chemical and U. U S. S Gypsum Se Gys eral of these eventually backed Sei away J Curb Gets Gets Left Let 1 Given an occasional lift lf in ih t curb were Glen Alden Coal Himble Him Him- Hu ble Oil OU American Cyanamid BJ B Band and Brewster Aero f While heavy reservations f fO taxes dimmed many 1940 earnings earning reports Santa Fe revealed net ne la last year of a comon common sar share shad against 94 cents cent in 1939 AttU Atlantic Coast Line showed against agai 96 cents and Reading compared com coll pared with wih the year befort before Chicago Northwestern Northwester and Wa bash cut their red ink in figures fIgure b sizeable amounts j