Show y INDUSTRIALS LEAD STOCKS UP U-P 1 TO 3 3 POINTS POINT STEEL STEE COPPER SHARES SOUGHT By VICTOR EUBANK Associated Press Financial Editor Edior NEW YORK Jan 8 Stock 8 Stock maret martet mar- mar ket tet et leaders switched over to the reI recovery re- re overy covery Saturday with wih favored industrials in ic- in I pushing up 1 to 3 o or more mere points Dealings slow at the te start picked up later Profit realizing in the final inal half hal hour reduced extreme ad ad- ad vances in some cases but many is issues is- is sues ues closed around best levels of the he day Motors pointed the way for the comeback as a rosier view was taken of prospects in this field wa and General Chrysler Motors were principally favored Steels coppers and specialties were in the forefront of the come back and even the rails rais hesitant core at the opening stepped up ft in the concluding lap te Address Awaited While some traders stood aside pending speeches of the president and other administrative officials at Jackson day dinners Saturday night some thought the markets may have discounted any further at attacks attacks at- at tacks which may be made on big business Transfers were in the neighbor hood of shares Secondary rail rai bonds bond took o on a ashow ashow ashow show of strength with observers generally looking to the government to assist roads in financial emer emer- Commodities were un un- even Benefits Expected Although those close cose to steel stee mill ri operations predicted a slight fall fal in production next week shares of ot the major companies were in de demand demand domand do- do mand on the belief belef they would benefit bene bene- fit eventually by armaments sion Coppers ai were aided ed by another another another an an- other boost in the export price for forte forthe the metal te Prominent on the climb were Chrysler General Motors Anaconda Anaconda Ana Asia conda American Smelting Smelting Smelt Smelt- ing Howe Sound Cerro de do Pasco Westinghouse General Electric Electric- u U. U S. S Rubber Goodrich Sears Roebuck Montgomery Ward Santa Fe N N. Y Central Great Northern Chesapeake Chesapeake peake Ohio J. J C. C Penney Newport Newport Newport New New- port Industries Johns Manville Johns Douglas Aircraft Boeing International Intel na mercial tonal Harvester Investment Loews Loew's Lews Lew's Trusts and Commercial Corn Com Cm |