Bank stocks staged a recovery Monday, with many of the top 50 banks ending the day on the upside.

Some of the best performers were Chemical Banking Corp., which closed at $39.125, up 75 cents; Chase Manhattan Corp., up $1.625, to $38.50; Bank of New York, up $1.50, to $29.50; and First Chicago Corp., up $1.75, to $49.

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