Show If Rails Scattered Industrials Win Support as Market Shuffles Lower HOLIDAY Y THINS TRADER RANKS By J. J VICTOR EU EUBANK Associated Pr Frets Financial Editor NEW YORK Feb 21 OB The The few share who in inWall are buyers buer wo appeared i Wall Vall Wal street Saturday gave g e rails rl and scattered industrials a little support but bt left lef many may market leaders leder to shuffle indifferently over o a slightly lower route rute Moderate irregularity ruled rule at atthe atthe the start in generally quiet dealings dealings deal deal- de- de ings trends teds remained remae cloudy coudy at atthe atthe atthe the close of or the brief brie session coe son Transfers were around shares The Te war news was ws a shade on o the side aide of bullish contingents contingent Some cheer was as derived deri from re reports reports re- re ports that tt Dutch Duth and American naval and ad air forces fore had successfully successfully success success- fully blasted Japanese warships in inthe inthe inthe the southwest Pacific although termination of the battle batte still zUil was wa inconclusive Traders Scarce Both bidders and sellers numbered mum num nu- nu hardly more than i bal ba bakers baker's erz ers dozen in sparsely manned commission commission commission commis commis- sion houses as numerous of the financial sector left let Friday for the lengthy holiday Major ajOr markets will wll recess reces Monday for celebration of or Washington's birth birth- day Rails Rals were livelier than other groups although few got far out in front front Nibbling here again agai was credited to the hope that an Interstate interstate inter Inter- iter- iter state commerce commission decision deci deci- slon sion on the roads roads' road plea for tor boosted freight rates was imminent In I addition addition additon ad ad- diton carriers were benefited by byword byword byword word that numerous tank cars were being pressed into service because of the shortage of oceangoing oceangoing oceangoing ocean ocean- going tankers and that traffic on other lines was mounting Business developments provided nothing much in the wa way of s speculative speculative ecu ecu- or Investment inspiration although there was another assortment assortment assortment assort assort- ment of heartening earnings statements statements statements state state- ments and favorable dividend dec dec- Advancing Ad Stocks Stocks ahead the greater part of the time included Union Pacific Pacific Pa Pa- Great Northern Southern Souther Railway Santa Fe Pennsylvania American Telephone J. J C. C Penney United Aircraft Caterpillar Caterpillar Cater Cater- pillar piar Tractor Westinghouse and ad adAir Air Reduction Among stragglers were Standard Standard Stand Stand- ard Oil Oi N. N J. J Texas company Bethlehem U. U S. S Rubber preferred General Motors J. J I. I Case International International Inter Inter- Iter- Iter national Harvester duPont and American Can Allied Aled Chemical touched another new low for the move Glen Alden Coal Gulf Gult Oil 01 Colts Patent Fire Arms and American curb Gas were up occasionally in i the |