Gains Extend to 4 Points
NEW YORK, April 26 (fflÛÓA great bundle of excellent earnings reports today inspired a more than moderate advance in the stock market.</br></br>Gains ran to around 4 points at the outside, and plus signs of 1 to 3 points were quite frequent in key areas of the list. Losses usually were small.</br></br>The rise added to the gains made Monday i just about balance out the losses of Tuesday and Wednesday.</br></br>The Associated Press average of 60 stocks today gained 90 cents at $188.80, with the industrial component up $2.40, railroads up $1.10 at a new high since 1929 of $150.80, and utilities lost 10 cents.</br></br>Volume came to 2,630,000 shares, compared with 2,270,000 shares in yesterdayÛªs irregularly lower market. Bullish elements were cheered by the improvement on expanded volume.