Dow Index Off, Other Averages Edge Higher in Active Dealings: Gold Shares Lower
NEW YORK, Nov. 18 ÛÓ Still plagued by the persistent weakness in blue chips, the stock market managed to work its way to another gain Monday. Trading was heavy, but total volume ran behind FridayÛªs totals.</br></br>| The gilt-edged Dow Jones industrial average spent the entire day on the wrong side of the line, ending with a loss of 2.18 points at 957.11. Gains and losses in the 30-stock average were almost evenly divided, with 14 issues down, 13 up and three unchanged. But four of the losers fell a point or more and only one stock rose that much.</br></br>Standard & PoorÛªs 500-stock composite was ahead 0.14 point to 105.92 and the New York Stock Exchange index added 0.09 point to 59.74.</br></br>Activity was hectic enough to push the ExchangeÛªs ticker behind the pace for a brief spell at the opening and again at the close. The final totals showed 14.39 million shares traded, compared with 15.04 million on Friday.</br></br>The margin of advances over declines was the narrowest it has been in more than a week. There were 721 winners and 634 losers, compared with 805 up and 565 down on Friday. The number of 1968 highs rose to 152 from 134 and there were six new lows, down from seven.