Show MARKET ISSUES GAIN MODESTLY NEW YORK YORE Oct Oct 22 Late P Late buying in rails put props under Thursdays Thursday's stock stok market and enabled en en- assorted leaders to replace fractional declines with wih modest advances at the close cose From the start few issues displayed displayed dis dis- dis played any real weakness and with wit selling ex exceptionally slack throughout bidders turned to Selected selected selected se se- carriers and gains running to a point or so 50 were fairly well wel distributed at the final gong There Tere still sti were numerous exceptions however although activity picked up on OR the te reversal of the down down- swing Volume was ws around shares Diverting attention to the transportation transportation trans trans- section was the Union Pacific nine months months' monts' monts statement reporting reporting re reo re- re porting 1279 a common share compared with in the te same 1941 time Forecasts of mounting net for Santa Fe also were a bolstering influence The former I was up moderately while the latter later tacked on about a point I Attracting support were New NewYork NewYork i York Central Southern Souter Pacific Northern Pacific American Telephone Telephone Tele Tele- Telephone phone Bethlehem United States Rubber Chrysler General Motors American Airlines United Air AirLines AirLines AirLines Lines Eastern Air Lines WestinghoUse Westinghouse West West- and Consolidated Air Air- craft craf International Railways of Central Central Cen Cen- America directors took no action acton on a dividend for the te 5 per percent percent percent cent preferred and the te dipped several points to a new bottom since 1938 Occasional losers were Du Pont Republic Steel Goodyear Goodyear Good Good- year General Electric Union Carbide Carbide Car Car- bide Eastman Kodak and Allied Aled Chemical Chemical Bonds steadied At Chicago wheat was up to of a cent a bushel 4 In the curb retreating tendencies tendon tendon- cies des were exhibited by American Gas New Jersey Zinc Brewster Aerio and Pantepec Higher at intervals were Creole Petroleum Gulf Oil Oi and American Light |