Market Records 3d Gain
NEW YORK (AP) ÛÓ Word of another rescue proposal for New York City enabled the stock market to overcome some early inflation jitters and post its third straight gain Thursday.</br></br>The Dow Jones average of 30 industrials, down about. 5 points at midmorning, closed with a 4.65 gain at 840.92.</br></br>Advancing issues outpaced declines 801 to 567 among the 1,816 traded on the New York Stock Exchange.,</br></br>At the opening bell, the Labor Department reported that its wholesale price index climbed at a 21.6 per cent annual rate in OctoberÛÓthe sharpest rise in the key measure of inflationary pressures in a year.</br></br>But after a moderate early decline, the market began recovering and was about even for the day by early afternoon.