Show FIGHT IGHT IG PROFIT SELLING HITS HITS STOCK MARKET ADV ADVANCE ANCE r ISSUES SUFFER SLIGHT SLUMP By VICTOR EUBANK Associated Press Financial Financil NEW NW YORK YORK Feb 24 profit prof selling Thursday put stu- stu bling blocks block in the way of the stock market advance Volume was comparatively small on the retreat and principal losses smal at the worst ran to little more mor than a point There were several com comeback back intervals through trough the te sluggish session and resistance to the decline was shown by a few specialties aircrafts aircraft utilities gold mines mies and ad ad Most analysts analyst were apparently un un disturbed by the mild mid downturn which they thought was normal in view of the recent forward rush ruh especially yesterdays yesterday's yesterdays upswing upswing which was the liveliest in nearly nealy a month mont Financial observers generally maintained their hopeful attitude toward Europ European affairs particularly the Italian Anglo peace gesture gesture ture but many traders displayed an inclination to rest on their oars pending further developments in congress and on the business front Transfers were around shares Bonds on the whole did better than stocks with high grade categories cate gories pointing upward Foreign securities markets slipped at the start but got back on balance be before before be- be fore the finish Commodities were uneven Wheat at Chicago was unchanged to 8 3 of a cent a bushel lower and corn was off 8 1 to International Telephone shares and bonds were relatively active and for the most part higher as favorable earnings forecasts were made for the company and the latest lat 1st- est British political move aroused thoughts of a possible settlement of the war in Spain where the communications concern has large interests In the drooping division the greater great great- er part of the day were U. U S. S Steel Bethlehem Westinghouse American Amen Ameri can General Electric Du Pont General Motors Chrysler J. J L I. Case Sears Roebuck Western Union Anaconda An An- Allis Chalmers Manville Johns Union Carbide Goodyear Philip Morris and Santa Fe Contesting the reaction were ere Boeing Boe Bce- ing Yellow Truck Consolidated Edison Ed Ed- ison Crane Co Minneapolis Hon Homestake and Caterpillar Tractor |