Stock prices receded today, with losses exceeding two points, in a session of light trading under the leadership of motors. There was nothing in the news to affect the market, but most selling was for the purpose of realizing in view of the 40 belief that a further technical re-
2 action is overdue. Today's news included: an outlook for higher car Di loadings; sharp jump in retail sales; and, the improvement in earnings of
Text read from the printed page and cleaned; old type leaves the occasional error.