Show CAPITAL NEWS Early Moderate Declines R Replaced placed by Gains Gatis of 1 I to More Than 2 Points NEW YORK March 8 rallied late Thursday following wor word from Washington that Senate Fletcher had agreed to accept amendments to his bill for the stion tion of security exchanges I I rate crate declines were replaced by bI III ga of f 1 to 2 or more points The cloie cloi was as firm Transfers approximated approximate shares During most of the session the mat ma set ket backed and filled nervously Onh Oni the ic aviation stocks and so some special ties es had shown any special cheerful cheerfulness ness CAS The former reflected news that the ic airmail would ultimately be re turned to private carriers The spurt on n the Fletcher advices lasted about abou 15 5 minutes during which the tape ape lagged The list again turn turne dull ull just before the close and extreme gains ains were shaded somewhat The volatile U. U S S. S Smelting sharran share shar an ran up about 6 points and America Smelting melting was up more than 1 1 In national Nickel drew one of est followings following of the day with a ne advance of more than 2 Commercial 2 Credit was up nearly 3 and Union Pacific stepped up 2 2 United Aircraft Douglas and Aviation corporation held advances of fractions to 2 poin poiri Others up tip one or more Include American merican Telephone U. U S. S Steel Au burn Westinghouse Chrysler Gen General eral Motors Santa Fe Case John Joh Manville Sears Roebuck cry Ward and Cerro De Dc Pasco T Tobaccos Tb tobaccos were heavy American and Liggett Myers B losing northan nor aora than han a point each |