Holiday Cuts Turnover
NEW YORK, Nov. 11 hpÛÓAircrafts and rocket fuel stocks made some gains as the stock market edged ahead today in a slow Veterans Day session.</br></br>The turnover of 1,540.000 shares was the lightest since Oct. 4. With only 1057 issues traded, it was the narrowest market of the year.</br></br>The range of gains among key stocks was from fractions to a point, generally, but reached around 5 points in the aircraft division. There was a liberal scattering of fractional losers and Standard Oil (New Jersey) dropped more than 2 as trading began on rights to subscribe to its big new stock issue. The rights were traded briskly but ended the day at the same price as they opened.</br></br>Tlte aircrafts were helped by some good corporate news. United Aircraft declared a 20 per cent stock dividend and the stock rose 4;U to 62. Air Force officials said contracts will soon be concluded for about a billion dollars worth of Boeing B-52 and Convair (General Dynamics) B-58 bombers. Both stocks added a couple of points.</br></br>general tonic of news that the head of the United States satellite program proposed a new project aimed at sending a man into . space. The background was improved further by a report that the'Administration is ] seeking congressional approval for a temporary increase in the federal debt limit.