Rise Marks Final Day
NEW YORK, Sept. 15 ' UP)ÛÓ'The stock market resumed its downtrend this week after a rise the previous week interrupted a four-week decline.</br></br>The average declined on four of j the five trading days. It rose yes- j terday. surprisingly, on the eve of a I weekend which could bring anything in the Suez Canal crisis. This was similar to its leap on the Friday of the Labor Day weekend after weeks of uns and downs based, according to Wall Street observers, on the news about Suez.</br></br>In both cases .the rise followed a series of daily declines. A rebound was to be expected purely from the technical viewpoint. Both performances flouted the old maxim that the market always sells off an uncertainty.</br></br>A feature of yesterdayÛªs advance was a late rally by rails which gave that component in the AP average a rise of $4.10 after a monotonous series of losses ever since the end of August. This also was a logical rebound from an oversold condition. There were reports that southern,</br></br>Some steels went to new highs during the week as the industry continued to recover vigorously from the effects of the strike. The operating rate was put at 100.1 per cent, within an ace of the April high.