OCR Text |
Show BUYING WAVES PUSH AIRCRAFT, STEELS, INDUSTRIALS UP ARMS-STOCKS TURHUPVARD By VICTOR EUBANK AMoeUted Praw IHiwimUI Editor NEW YORK. Dee. 29 Recurrent buying 1tlj,'JhJr''i1"rP'li Industrial shares fraction to S points higher in the stock market Wednesday, but ther war plenty of losers In other division. The rata of business, mode rare fn the morning hour, picked up a the day wora on. Toward the finish tha ticker fell behind. Profit realisation was absorbed with ease and dtp wtro largely fractional Arma Issue Adranea PosaibiUty naval building would be accelerated waa a motivating factor in tha advano of armament issues. The second address this week of Assistant Attorney General Robert H. Jackson, castigating "certain groups" of big business, took the financial district somewhat by surprise, sur-prise, but it fore was not fait tm- . mediately. Transaction approximated 1,800,- 000 share. I " Bond were" rnlxe JTwItJl recover? tendencies appearing among the secondary rails. U. & government obligation pointed a little lower. Foreign market Inclined to the off side, although American share enjoyed some favor. At Chicago wheat finished H to 1 cents bushel down and corn was unchanged to 1-$ cent advanced. ad-vanced. Rail Inferos Retarded Interest In the rail was retarded by unofficial estimates car loading for the week . ended Deoember an would show mora than seasonal decline. Bethlehem Steel was a leader throughout the day. Other higher moat of the time war U. 8. Steal, Toungstown Sheet A Tuba, Boeing, Douglas Aircraft, Weatlnghou, General Electric, Du Pont, John. Manville, Alii Chalmers, Anaconda Copper, International Nickel, International Inter-national Harvester. Texas corporation, corpora-tion, Santa F. Philip Morris and Montgomery Ward. Off war General Motor. Goodrich. Good-rich. Consolidated EdUon. Baltimore Ohio, Eastman Kodak and 6o-cony-Vaeuum. Chrysler, down most of the day, picked up at th finish. |