Stock Burst Wanes During Week: List Shows Thin Gain
MOW YORK, .June 10 (AP)ÛÓThe stuck market, began the past week with a hurst of renewed confidence lnit that petered out and the best tlie list could do was post a thin gain.</br></br>The week began with a great sense of relief thaL nothing unsettling had resulted from the Vienna conference between President Kennedy and Soviet Premier Xikipi Khrushchev. The week ended with a build-up of concern over the situation in Laos.</br></br>Tile stock market list canto close to its historic highs at the start of the week, then backed away .sharply on Wednesday and trod a cautious path on Thursday and Priday.</br></br>Steel shares reacted sourly to news on Tuesday that steel pio-duclioii had dipped for the first tilin' since March and that there were signs of the traditional steel industry summer slowdown. This was emphasized by Bethlehem's idling of fii'c steel-making furnaces.</br></br>250.90. This marked the second straight weekly advance, hut both were insignificant. On Tuesday the AP average was up to 252.50, just a shade under its peak of 252.60 reached May 17.