Salt Lake Telegram | 1950-02-20 | Page 18 | Rally Steadies Stock Decline

I Raly RHy Steadies Sd NEW V YORK Feb 20 P C rP-A rP A I slow afternoon rally steadied the I sto stock mar market ft Monday Mond y after a lim limited lm- lm urn urn- morning setback Closing prices w were e ere r c mostly I lower Leading Leading i issues however were up from the lows of the day daj and some sold at net gains Business was as slower than usual with turnover at a rate of around sion shares for the te full ful ses ses- ses- ses I During During the morning moring prices slipped lipped fractions to around a p point int Selling pressure did not amount to much but demand was dampened by failure of the the coal coal miners to obey the second work to order of John L. L Lewis General Electric and Westinghouse house Electric were firm spots spoLs with fractional gains Unchanged to a bit higher were Willys- Willys Overland International Harvester Lockheed heed Schenley Dow Chemical Chem Chern- ical Eastern Air Lines and Motorola On the sticky side were U. U S. S Steel Steel teel General r Mot Motors t o t 0 r s Chrysler Studebaker Goodrich Firestone Emerson Ralio Radio Radio Ra Ra- Ra- Ra c dio lio Phico Philco Sparl Sparks Withington s American Smelting Allied Ald Chemical Chemi Cherni- c cal eal al American Tobacco Santa Sant Fe Fc Southern Railway Chesapeake Ohio Nickel Plate Gulf Gul Oil Oi and Transcontinental Western Air