Show Mke Markel Closes At RHy Rany Peak i iI I NEW NE V NE YORK July 10 UPI The The stock market closed cosed at the top top of a slow motion moton rally raly Monday I Railroad issues finished on a buoyant note I Earl Early losses were cre either whittled down own or converted into gains Changes were generally limited to 1 Sl a share shale or less less except except for TV stocks TV shares however howe broke an nn extreme of 5 5 a share and a good part of the damage remained through the session Sugar stocks with ith a sm small l assortment as as- as- as of other shares moved up under tInder their own power Business expanded when prices were declining but slackened ened when the slow recovery cry got rolin rolling I Turnover Turo er approached shares for the full ful session Traders started off of the day with lh no evident signs sigs of trouble after digesting news n 5 that the president had authorized use of the thc draft draft Prices held stead steady for a short while until the TV group started to sag Weakness in TV shares touched off of a sharp decline Friday Friday Friday Fri Fri- day a afternoon prior to the draft announcement which came cae just as the market closed Off 1 Sl 1 a share or more were Zenith Radio Motorola Admiral Admira Corp Emerson Radio Philco Phico and Radio Corp Also down were General Motors Chrysler M 1 Montgomery o 0 n t g a 0 ni e cry r y Vard Ward American Telephone Consolidated Edison Commonwealth Edison Air MI Reduction Allied Chemical Du Pont Philip Philp Morris Morns orris Standard Oil Oi N. N J. J and U U. S. S Gypsum p m. m |