Rails Attempt Late Rally
NEW YORK, March 21 wnÛÓThe stock market was depressed today by profit-taking in the recently strong blue chips.</br></br>The general decline took prices down 1 to around 3 points. There werenÛªt many good gainers. Most sizable rises were accounted for by corporate news or Wall Street rumors.</br></br>The market started lower and continued down throughout the session. Steels, coppers and aircrafts faced early selling which eventually took in just about every segment of the list.</br></br>Near the close, the railroads tried for a rally based on some excellent earnings reports for individual roads. The move didnÛªt get very far, but the rails as a group-were down only a shade.</br></br>The market has been making one new record high after another, and today's backward step was looked upon as a natural breather in the climb upward.