Salt Lake Telegram | 1939-10-11 | Page 19 | Aircrafts Lead Slow Rally in Pre-Holiday Mart

AIRCRAFTS LEAD SLOW RALLY IN PRE -HOLIDAY MART PRICE CHANGES : PROVEN ARROW By VICTOB EUBANK toibm rnanmeU Editor NEW YORK, Oct 11 With air-crafts air-crafts In the lead, torn selected (hare worked hlfher in Wednee-day'i Wednee-day'i itock market, in which price chances were narrow. The opening was quiet and business busi-ness was never very active. With a turnover approximating 550,000 shares, it was the slowest session ' since the "war boom" started mora than a month ago. Imminence of Thursday's holiday and Prime Minister Chamberlain' speech In the British house ol com mons, In which he Is expected to lay down his country's peace demand, de-mand, checked any tendency for traders to get out on a limb. Brokers said there was a wide belief the neutrality blU debate in congress would result in lifting of the arms embargo and that this ' would result In new orders for airplanes from the British and French purchasing commissions now In this side of the Atlantic This feeling helped the aircraft shares overcome some, of the Uj-'; dullness. Foreign markets were firm, but trading In United State share was apathetic. i Stocks higher most of the time included Douglas Aircraft, United Aircraft, Glenn Martin, General Electric Du Pont, Union Carbide, American Telephone, Western Union, Phelps Dodge, Standard Oil of New Jersey, Texas Corpora tion and Lee Rubber. Unchanged or narrow were U. S, Steel, Bethlehem, Chrysler, Gen eral Motors, Consolidated Edison, Kennecott, American Smelting, Santa Fe, Sears Roebuck and Goodyear. - U. S. treasury loans led a come back In the bond market, where issues of some of the Baltic coun tries, however, took falls. Com moditles were mixed. In late deal tngs cotton was unchanged to 30 . cent bale higher. At Chicago, , wheat added to 6-1 of cent a bushel, and corn lost 14 to 6-4) of a cent '