Show Stock Leaders Resume Rise NEW YORK YORK April Apri 8 UP Stock P-Stock Stock market leaders generally resumed the upward jaunt Thursday after absorbing considerable further furter profit cashing ching I Irregularity ruled until past midday when prices hardened in inmost inmost most departments department While many exhibited indifference gains of fractions to a pin point t or so predominated at the close A few aircraft pushed forward on expectations of scale large-scale military mill mili tary tary orders Rails Ris did little in re response response response re- re to the move for increased passenger fares fars Airlines reflected only mildly the boost bost in mall mail mai rates Montgomery Ward U. U S. S Smelling SmeltIng Smelting Smelt Smell ing Nickel Plate railroad and Erie I railroad went into new high ter ter- ter territory territory for lor the year Ahead Aed most of the time were Boeing were Douglas Aircraft U. U S. S Steel Youngstown Sheet General Generl Motors Schenley American Tobacco B International International I tonal Paper Barber Asphalt Amerada P Pet Petroleum e t i r 0 I 1 e c um Western Maryland Railway Mission Corp Cor Standard Oil on N. N J. J anSI and Eastern Air Lines Bidding still wa was predicated on rearmament European recovery and tax t reduction Bele Belief that tat the thelong thelong te long Jong climb called cled for a technical adjustment caused the trimming of accounts account Bearishness over overlabor overlabor overlabor labor disputes with wih the co coal l mining min mm- lug ing impasse hitting widespread in industries industries in in- r resulted e s 8 U 1 t e d in further furter liquidation Bonds followed a narrow narrow groove Those watching ing commercial fi financing financing fi- fi developments development for lor market marke clues cues noted the federal reserve board compilation which that business loans Joans by member banks in the nations nation's naton's principal cities cites declined for the third con con- week week as of March 31 The Tc recession was vas to ato a total to to total tal of Since reaching reaching reach reach- ing ig a record top topon on on J Jan 21 o of the drop has ban ha amounted to |