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Show STOCKS TURN UNEVEN WHEN RALLYING POWER BOGS DOWIT j EUHOPE, G0.1 ;i GET ATTEMTI3I1 : By VICTOB EMBANK Associated Press ruwaessl Colter . j NEW TORK. May e-The stock .. market Thursday experienced dlifW ' eulty la fellowtng through en Wed ' neaday's rally and trends poinUd tkV varying direetteas at toe cleeex 1 New moves oa the European chase 1 hoard, eomaiaed with the threat- ' ened spread at the dameaUe soft ' oaal tie-up, tended te confuse spee- ' ulatlve eontlngenta. Many trader oensequently cashed profits aad ee- Journed to neutral territory, , i Dealing were rather lively la the i foreaoon. Activity Blackened at la. ., tervals there! tar, Transfera for the 1 1 five hours approximated 700,uuu , shares. , , Overseas markets dipped eefexe,, the opening here following the un- ., looked-for resignalioii el Bussia'a , Foreign Commissar utvinov, whuih, , it was feared, would further oom, plioate the politieai picture abroad. Priced at London, Amsterdam and Paris, however, ateadted. before the ' finish. eek apeectt AwaltedJ Part of the hesitancy In all map-' Itets was attributed to the acheduled , speech tomorrow ef Polish Foreign Minister Secfc ea the aasl iana.g ' claims. In the home sector stocks came ' ' baok after fraotioaal reeeeiions at ' ' the start and gaena running to a'1 Ciint or so were wall distributed. 1 any recoveries were wiped eut, " though, whaa the final gong sound, ' ed. At that, there were a number ' of fairly strong spots In evidence. ' Some buying was believed te have been Inspired by faint but per- - tent hopes business tea revision ul, tlmately would get eenicreasiona! I approval. la addition, sixna were discerned here and there that heavy industrial activity may be nssr hot-torn, hot-torn, . Cling te Oaiaa Up mast of the time were U. 8, Rubber, J. t Case, International Harvester, Union Carbide, J, C. Pen- ' ney, U. B. Ciypaum, Con4olldate i i.. : . r. waB,i.a-h a ........ aiUMUII, WMI ,U(,tl,, fp.,lll,, Auto-Llt4, Industrial. (Uyoo, C'eia-a, nesa. Patha and Texaa corporation, - , Inollnatl te live ireuni were V, 4. & Steel, Bethletiem, Qenertvl Mo.., tors, Chrysler, Anaconda, Philip., Morris, Loft, Montgomery Viarii, , , Du Font and rbalpe Iodge. Bonde were uneven, tut Improve-ment Improve-ment In grains hslped the commodi- , ties divisign. Wheat at Chicago was , up H to IM cents a bushel and corn gained K to M. Cottoa In late ) transaotione waa unahanfsd U il cents a ls tvigher. Near midalteraoart sterling end" the French frano were narrow, the ' former at (44 i- aad the latter ' at 2.44 Tm cent. ,?) - Favereel ea Oir , , t . Favorites In the cure Included-Horn Included-Horn A Hardart, Le Toumeau and - NllM-B.ment-Pond. Behind W4re 4 1 American Airlines and Lockheed. The "release" of Utvinov front at, one of the most Important of soviet posts apparently surprised Wstli. Street as much as London and the,,, opinion was expressed by some In- - , formed intornational bankers thlaH, might mesa a return f the bolshsv, viks te thsir former teolationiGt -j policy or shift toward a pact wits, fUrmane instead rvf inlninar the Anglo-rroncB security move. Announcement Washington Jisd . been advissd by London that the . British government waa '"Interest-. ed" la the proposed barter e( Amer lean eottoa (or rubber and tin waa viewed In boardrvonu aa "mildly constructive." " 4 e BtU4eriBf InfluatMe , A more than seasonal jump In last week'e freight loadings was a. . bolstering Influence (or the rails. Helpful to market sentiment waa , the estimate of the Engineering , News - Record that construction . airards this week would top the , comparable period last year kjr 103 , , par cent. Due largely te a Jump , In public building contracts, the , a total waa placed at about 428,000 000 , ahead of the previous week. Pri- . vate awards were ott slightly from the final week In April. Noted were reports from the ma-china ma-china tool Industry indicating that while current orders axe continuing continu-ing at a satisfactory rate, the April aggregate probably was down from March which, however, waa the beat month for the tool menufas- turs re alnee Be ptember, 1947. - |