Show Steels and Motors Lead Market in Brief Flin FAVORITES CAI UP TO 2 POINT j By VICTOR EUBANK I Associated Press Financial Edito NEW YORK July A 29 han i of stocks with steels and rn m motoi t 1 in front put on a brief ral I flurry in Mondays Monday's market aft it j pronounced renounced early hesitancy I i iThe The up run-up came in the wake i this his weeks week's official steel ti J estimate placing mill opera o 1 ahead head 22 points at per cent capacity a new peak since U lj December The increase was 8 a amore h more than had been expected 4 At the best favorites register gains ains of 1 to o 2 points The b bu buT Tt was short-lived short however and q soon backed down front from t 1 t top op and in some cases t f behInd minus signs I broadened for a while then quily quid qui I ly y dwindled Transfers for the then fi hours were around shar I still till of the low volumes one of t iJ past 22 years j mAside m- m U Aside from the optimistic sl sla I Ion Ion on steel output traders gen general r J lI f had the idea the market was pre pie 1 well veil liquidated with a good chi chan I of turning In addition WI W f r street treet seemed cheered by the i parent strong resistance or British to German air raid though the war picture still stilli far from clear Tax and politic problems remained as handicaps f J In the advancing group atlo atTo ao time or another were U. U S S.- S. si SU S 1 Youngstown Sheet Chrysler S Seral eral Motors Crown Cork Cons I dated Edison Eastman Ko Kc Rod General Electric Gr Cr Northern North America 0 Southern Railway 1 r. r I Backward most of the da day w w United Aircraft Sperry Stand Stan n nOil Oil of New Jersey Sears i and Loft S 1 I IA A prop for sentiment was wasp i i in expanding demand for cop 3 the price of the red metal stiff still stiffing in ing a trifle S Resistant in the curb w Brewster Aero Cities Len Sen Seri Jones Laughlin and Be i craft 1 I |