Rails Gain, Then Droop
NEW YORK, March 23 wnÛÓTrading in oil shares dominated the stock market today and provided enough strength to produce another new record high.</br></br>For the fourth time this week, the Associated Press average of 60 stocks advanced to a new peakÛÓtoday up 30 cents at 5190.50.</br></br>The oils have been favorites of buyers most of the week. Today they were just about alone out in front of a moderately rising market. The railroads, front runner yesterday, started well today and then faded and closed slightly lower.</br></br>The steels were mostly higher and the motors were mostly lower. Rubbers closed higher along with the aircrafts and the majority of chemicals and nonferrous metals.</br></br>investors are switching from one major group to another in an attempt to catch the best of the rise in the momentarily popular groups.