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Show STOCK MARKET RALLIES AFTER SHARP EARLY SHAKEDOWN : . ; LEADERS SCORE SMALL NET GAIN By VICTOm EUBANK Ariale4 Pr Flasanlal Eatltar NEW YORK. Oct The stock market rallied Irregularly Wednes- day for nat gains of fractions to a point r mora after an emxty sharp break. Financial circles reporteal soma short eovarlng helped the market brae up and said Improvement la commodities also had provided a favorabl background (or aa upswing. up-swing. Only steels, under th lnfluenc. of lowr Ingot output, fail t de-vlp de-vlp neuparativo onargy and im this sector ioeees of fractions to a point or so ruled wound th fourth hour. Touched off In part by weakness of shares la London, stock got away to a sloppy start at lease of around 1 to 4 or mora points. Numerous sua skidded to new lows In th currant mov and oocno leaders. Including U. a Steal, wer transferred In block of 1000 to 5000 or mor har in Initial deals. TlcsW ran Bealad 80 fast was opening trading th ticker fell about I minute behind th market. About th end of the first hour, selling, part of rhich wa aaid to hav com from London Lon-don and Amsterdam, dried a p. This, together with covering and In, prove ment la London stacks, tlm-ulated tlm-ulated price. Wsll liked wr OenensJ Motor. Chrysler. Goodyear, Montgomery Ward, Bears-Roebuck, atacy. Deere, Boeing, Douglas Aircraft, West era Union, Conooiidatsd Edison, Kann. eott, Csrro d Pbmo, Allls Caal-mr, Caal-mr, American Can, WasUngboua. Du Pont, Texas eorporaUon, New York Central, Soullvsra Pacific. Cheaa pease Ohio, Union Carbide, Loow. Eaatmaa Kodak. PhUlp Morris, Johns-Majivlli and Paramount. Para-mount. Bhw Wwham Bhowlng llttl stamina war TJ. 8. Btl, Bethlehem. Youngatowa Sheet and Tub. Woorworta, International Inter-national .larvesUr, WbeeUng gtL Inland BUel. PukU Borvio of New J'reey, InternaUonai Mlekl and. How Bound, Bonds and com modi Use res foi-lowlng foi-lowlng rly decUne. Th pound sterUng was hlgbar, th iWok fran about unarhangad. Admitting th influao f nti ment of such force as strtf la th far east and continued righting la Spain, aom analyst coalmine th declln In shares aiao mid-August studied It la Una of business trend instead. On this score, on of Wall I treat's wU-knowa analysts said a suostan-tlal suostan-tlal uplanaUoa of the dowaswlrag oould b found la th record of -business and In corpora t earnings. H stressed that It motor output gains momentum shortly, this will right th picture |