Salt Lake Telegram | 1940-01-10 | Page 15 | Buying in Final Hour Bolsters Stock Leader

BUYING IN FINAL HOUR BOLSTERS STOCK LEADERS j APATHY IMS' . I early trac:::g I 1 By VKTOr ECBANK ' j NEW YORK, Jan. 10 Leading "r hwses flirted with fftcultlee la j Wednaadaya Stock market, but a fiaai hear desire to bay put assay In sirs ap fractionally. ,i Apathy was sparaat frees (He . j tart and lor a while aalttng pres sore drove the steels down by wins) i trwrUona. Others to suffer at tha t same thae were rails and trinities, j Near the flraah, however, stesss, ssotprs and ahrcrafti, eapscUHy, sd 1 a sttner aaTvaaea. Transfers ap proximated 00,000 shares. Brokers said the sses leaashuam . was due be short severing Brought - . . , r drying p and that what bad looked like a retreat a the moca-hig moca-hig aidnt go tar esioagh s satisfy these who bad been seesiaslstie over the market's route tor the " " next few weeks. Basusgsi frvtaas ghmp Foreign prices kactlasd a Bttla lower. Kiel stent were BstMeswsa, Cea I ami Motors, Chrysler, Stuoobalrer, i United Aircraft. Ciena Martin, j Crown Cork, Western Union, Ooex , aslldseed Edison, Anrerlcaa Smelting. Smelt-ing. Weatingbeese Electrto, MoaU gomery Word. Interna Uonrnl Har vestsr, DuPaaU, Allied Chemical, Pennsylvania railroad. Great Nertherm, aXandard Oil et New Jersey, duett PeakoSy, Interna tlonal Mercanttla Marine and Oe sra-nilnois. The senate approval of a pre pssal te create a rnasrsesluiral budget-eoaklng eenunlttsa aroused mterest, although asaay analysts predicted It would be defeated la ths hewn.