Trading Pace Increases
NEW YORK. Dec. 13 '.-FÛÓThe stock market snapped back to the upside today following three days of downward adjustment in the wake of last week's big rise. Leading stocks advanced from fractions to 2 points or so.</br></br>The recovery followed a classic pattern and was indicated in advance by analysts who noted the tendency of the market to readjust downward to the extent of a third or a half of a previous advance of the scope of last week's, the biggest weekly rise in 18 years. A further rise could follow such consolidation. they said.</br></br>The recovery today was made in the absence of outstanding news of a stimulating nature and. in the case of specific stocks, even in spite of some dispiriting corporate news.</br></br>The Associated Press average of 60 stocks rose S1.40 to S179.90 with the industrials' up SI.20. the rails up $3.20 a*:id the utilities up 20 cents. The rise in the AP average recouped about 45 per cent of the past three daysÛª losses.</br></br>of the market giving a play to previously neglected stocks and for some, notably aircrafts, there were declines on profit-taking. The aircrafts have been rising^ against the recent lower trend.