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Show GAINS AND LOSSES EVENLY BALANCED IN HEAVY T V- I 1 : ' : i , .. . aviati:::3 le:d sfeedytl.c::; By VICTOR FX BANK as. riateel Press FlnaMbeiaJ Editor NEW TORK, Nov. 4 AvUtlosi stocks lad their batckwrs a fast chase through th market's gamut of change Saturday, smashing peak raoords and then selling oii In a burst of profit-taking. Larg blocks of secuntia. efiane . big hands rapidly, pushed th short session's total tnitssctjons to about 1X),000 sharaj. th kej-ffest Sat-Brday Sat-Brday trad sine September t. Near th final bell, despite all th action, th list rag almost evenly balanced with gain and decline. Obaifs said many professional traders balked when they found low-prlcd stocka bad assumed th leadership. Th reaction shoved motor, steel and aircraft down. Oaugkt hi Xbb-Tki Lower were Douglaa Aircraft; Martin, S perry, Goodyear, U. S. St!, CfarysUr, BaiUlehaaa, WsU lnghouse. General lctrio and radically all th rails. On th advindng aid war Cur-tias Cur-tias Wright, which opened th day with a transaction of 2!S.O0O share bloc. Continental Motor with a first sal of 11,000 shares. Aviation Avia-tion corporation, American Can, Johns Manvtlle, Bush Terminal and New York Shipbuilding. Transactlona on the curb approximated approx-imated &5,000 shares, th largest Saturday trad sine October 15, 1938, Leader on th advancing Sid included Falrchild Aviation, Montgomery Ward A, Newmont Mining, Nllea-Bement-Pond, Todd Shipyard and Republic Aviation. Wall tree Sauafled Bom obesrvers war of th opinion opin-ion that Wall strt In general waa satisfied with the special session ot congr and relieved that It had adjourned without additional legislation. legis-lation. Business waa represented as feeling feel-ing It had thus far kept to a firm basil In regard to price structure and policies desptt various burst of excitement engendered by th European war. Th steel Industry's present hug backlog of orders waa regarded aa on of th main stabilizing Influences Influ-ences on th market, apparently Indicating a steady outlook for the capital goods Industrie. Commodities wer irregular. Wheat at Chicago touched th highest levels sine September, then old aft. Cora moved narrowly. nar-rowly. Bonds , wer generally firm. Abroad, only an irregular Amsterdam Amster-dam bourse operated. Earnings MCW TOP It. Nor. 4 AP Th a. board Otl e.-fupanr reported for tle th.-at th.-at 'in the ended ikttamtar 30 a net pro'lt of 1X4,157, ortiial to 31 aen'S on tha eapilil lock, aomparad wi'b 0Ha 4- ar 27 cant a abara, aa tba ottpaxaia partod i laat yaaur. I Aitattt-eeo prnduM mrponiirm and wholly owned avibawiiaiiaa. mtDUUriurr - of buiidajig aupp:iea, fur the u t uartr showed net profit of 646.fs (0, squavC after snirn4 dridend to aani a 00 mm on share, aae.ii.at 81 1,720, or 14 aauu a AeW la the like lw6 striata. Anaaonda Wtra and Cahl oompany 64 a preliminary report for (ie third q artar hovred nat profit of 01 4iJ, aquaJ to 30 eenta a aW oa tb eapual stock, corru pared wi'h 0HT.O-.7, off U aua a aatit, U tba 19J6 fuartaf. Ifatlaaal tupoly ampany for atna mo n tha aded Brptafnber 30 f ported net loaa of 8lt9.44a, cuutrasted witA a net profit of 61,170,081 or 04 04 a Ohar on the eembincd preferred atMttl. la tba aoiTMpaiMliAC 103ft period. harp t Dohm. Ina.. tof th thre gaomb aoded .Hacnbar 90 reported nei profit C il4,0v7, equal to 15 aanta a eommoa ahar. agalnat 2H5.fi '7. ar 11 eaau a aomiaoa ahara, la tba lM pafled. PTBW TORK, SSoirV iJLT) CfT-o- 6not. on let. BuxU No. 4. TH7i Rio No. 7. BWc Coat an(T freight offtr-Ings offtr-Ings included Bauataa Bottrbaa ia aatd Aa at 6 no t 7 40c. 8a n Iff No. 4 D fntnrai ftoasat f to 14 CinU lower; December. 6.14: MJO 25c bid; Mar, 6 3c toU. Bio No, T fuiuxaa (aawL 1 iiranlj a aaiaa. 6CMU M7W TORK, Nov. 4 (AP) Crrtda rate bar future cloaod 1 points hgbr to 6 spwar; Dtcemlur, 60 2Oc; March, 18 760. amohad ribPed spot, 20 40c, nomlnai. |