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Stock Market Gains Extend Early Afternoon Advance
New York stocks advanced in moderate trading with gains of fractions to about two points. Industrials led the rise with gains in steel, motors, aircraft, oils, chemicals and nonferrous metals while rails and utilities rose modestly. Du Pont moved up over a point amid favorable investor response to a proposed ten year period for divestment of GM stock holdings and related earnings dates.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Defense McElroy
du Pont
Justice Dept
Associated Press
Bache & Co
American Can Co
Allied Chemical & Dye
oh _Adams-Millis Corp
American Tobacco Co
Sig the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AR. Fy
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
General Motors
Atlon Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville