Post-Election Rally Accelerates With Gilt-Edged Shares in Lead
NEW YORK. Nov. 8 ÛÓ The stock marketÛªs recovery from Us post-election stupor continued to pick up steam Friday. Prices held lo a steady uptrend, with blue chips far outpacing the broad list.</br></br>The gilt-edged Dow Jones ÐÊ industrial average moved lo a gain of 8.33 points at 958.98. Only five of the 30 stocks in the average lost ground, while 23 were higher and two were unchanged. Multi-point gains in Johns-Manvillc and General Foods threw the average out of line with other indi-j eators.</br></br>Standard & PoorÛªs 500-stock composite was ahead 0.45 point to 103.94 and the New York Stock Exchange Index rose 0.28 point to 58.47.</br></br>Trading volume picked up steadily through the day. The ExchangeÛªs ticker tape was late at the opening and again at the close as 14.25 million</br></br>After just squeezing through on Thursday, advancing stocks climbed to a clear gain over declines. There were 889 winners and 466 losers, compared with 678 up and 671 down in the previous session. There were 88 new 1968 highs, up from 54, and 15 new lows, up from 11.