Show Selling on N. N Y Market Halts Halts' 1 Spirited Forenoon Rally l NEW YORK YORK July 26 UIn- UIn In Individual stocks paced by steels put on n a good forenoon rally raly Friday but selling eventually Interrupted the push and put a number of or market leaders eader in the te losing column col col- at the close Activity picked up for a while as tr trends nd stiffened There Tere were 1 subsequent nt slowdowns M Man Many a n y gains of fractions to 3 points i or orso orso so were reduced in the final hour o Detaining part of their advance w we were e r e Bethlehem Youngstown Sheet R Republic Steel International al al Harvester Harvest r J J. J I. I Case Electric Power Light Phelps Dodge American Smelting Ung Du Pont Union Carbide Southern P Pacific i iSo So Southern thern R Railway nw S Standard Oil of Ca California Tidewater Co Standard Oil New Jersey and Park and Tilford Chrysler and General Motors Motor slipped sUpped to new lows low for for- forthe o th the year Backward were Goodyear M Montgomery Mont Mont- nt- nt go gomery ery Ward V Woolworth rth North Nort I American Northern Pacific and Chesapeake Ohio Morning demand brokers broker said again was based on hopes tat that the list was In a position to negotiate a substantial technical revival revival The Te return of f the 0 O P A Aona on a restricted I schedule was Wl thought to have be been n pretty well discounted Cotton futures s Were down the days day's limit of ot 5 a bale approachIng approach- approach Ing the finish Bonds were narrow narrow nar nar- nar- nar row At Chi Chicago ago corn was WA off of c 41 to a bushel oats oat up c to c c. c and barley unchanged to toc c high higher er Forward curb movers movers' were American Republics Electric Bond Share Cities Service Serce Diana Dia a Stores and Illinois Power Steels had the te benefit benefi of Bethlehem's Bethlehem's Betlehem Beth Beth- Bet Bet- lehem's lehem pleasing second quarter summary revealing a share against In the first three tree months monts of the current year and ad in the J June nc quarter of 1945 Wide early eary spreads pread between bids and offers delayed the te opening of or orthe the stock half hail hal an hour It I finally finaly stared started on a share 1200 block lock up 3 points The Te jump in net f for forthe forthe r the latest period was WM credited mainly to the te completion of several several several sev sev- eral sizable contracts contract and lessening lessening lessen lessen- lesen- lesen ing of t tax liabilities |