New York, Feb, 15.
While low priced specialities were again favourites on the New York Stock Exchange today, recently ne-gleeted market leaders were quietly supported. Gains, however, mostly fractional.
Favourable earnings, dividends and news as well as talk of i purchases here aided sentiment, On ihe other hand, Colonel Ayres declared that a new business relapse is under way.
Chemicals were very prominent; while steels were not disturbed by a forecast of mil] activity touching 60 per cent, of capacity.
"Motors were restrained by talk of second quarter production not reaching expectations, while merchandise ings and coppers received support, the latter in response to the favourable statistical position. Aircrafts and rails ruled narrow.
Meanwhile, the political situation and the third-term Presidential issue were restraining factors.
The turnover today amounted to 750,000 shares.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.