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Show Steel Demands Pace Mart NEW YORK, Oct (UP) Steel ah area led the stock market higher on moderately active trading trad-ing Thursday. Industrial shares made a new high In their average since Nov. 1. Rails set a new top since April 10. -Utilities were nesr the best levels In three years. And tha market sa a whole was at tha highest si nee Nov. 4, 194a Net gains in ths share market ranged to more than $2 ia special issues. High priced stocks, special issues and preferreds mads wide gains. Ths general list wsa np fractions to mors than $t Shorta seized the opportunity to cover part of their commitments la steel shares. Ralls were strong until ths last hour when Santa Fa ran Into some selling. Aggregate railroad net Income In-come for June, just reported, fell to $42,475,929 from $94,425,246 in June, 194S. Net income for the class ons earners for the first six months of this yesr amounted to $17S.389.50 against $20.333.M3 in ths corresponding period of last year. |