| Show Market Mark l Holds To Recovery a 4 NEWYORK March 18 The The UP The recovery recover swing continued in Thursdays Thursday's Thurs days day's stock market with war- war classed classed issues receiving the p principal prInt prin lr- lr cipal pl play y Assorted coppers st steels el rails rans and arid industrials were in front from exhibited the start start although many man Some l lost st much n ch of th their ir buoyancy y but air transports were lively The pace was wa fastest test and prices best bet in the forenoon Thereafter extreme gains running to 2 points or so 50 in most c cases es and a smattering of minus mius signs sigs appeared at the tho close Exceptions to the te comeback In Included included in- in eluded Pepsi Cola which touched bottom for the year Owen Owen-II- Owens Illi nois United Aircraft Electric Power ower Light ad nd Union Pacific Among better beter performers were Wright Curtiss-Wright common common and A and American Airlines a at highs for 1948 Anaconda ott American Smelting Phelps h Dodge Youngstown S She h e c e t Bethlehem Steel S Santa ta Fe Great Northern Railway Illinois Central General Genera Motors Montgomery Ward Oliver Olver Corp orp Caterpillar Tra Tractor tor Eastern Easter Air Lines Line Union Carbide Allied Chemical American Woolen and International Paper Professional bidding was based partly party pI on the idea the list had been oversold and ad was due for a substantial technical revival The Thc feeling that Washington would step up rearmament and stockpiling following the presidents president's pres- pres dents dent's warning message to congress congress congress con con- gress pr propped individual favorites Numerous customers confused over the international situation and the te domestic economic outlook outlook out out- look stood aside aide or trimmed ac ac- ac- ac coun counts Labor disputes s still sti served as a cautionary nary argument Bonds steadied steadied |
