List Fights Way to Second Straight Advance: Volume Also Increases
NEW YORK, Aug. 12 (AP)ÛÓThe stock market advanced today for the second straight session but it was a struggle.</br></br>Most of the gain was registered in the final hour of trading. Before that the averages showed small losses.</br></br>The Associated Press 60-stock average advanced 1.3 to 329.7 with industrials up .9, rails up 1.3 and utilities up .8.</br></br>Hunt Foods, off % at 251i on 114.000 shares, was the most active slock. Most of the total was made up of a single block of 104,300 shares.</br></br>Anaconda and Kennecott were hard hit by a report of a move to nationalize the copper industry in Chile, where they are the top producers. Anaconda fell 31s to 62% and Kennecott dropped 1% to 108. Anaconda was the fourth most active stock.