General List Dull, Lower
NEW YORK, June 3 (J*ÛÓA gyration by Du Pont was tile feature of a generally dull and declining stock market today.</br></br>Aircrafts took about the worst losses among the major divisions. Oils backed away from their recent gains.</br></br>Du Pont spurted 6 points ahead but closed with a net gain of a single point. The flurry came on news that the United States Supreme Court had ruled the company in violation of the anti-trust laws because it acquired 23 per cent of General Motors stock.</br></br>The quick rise came. Wall Street sources said, onÛª hopes by investors that Du Pont would spin-off its GM stock to its shareholders in the form of a dividend. There was also talk that even if Du Pont merely sold its GM stock it would not have to pay a capital gains tax if it were doing so under government order.</br></br>After the first enthusiasm wore off. brokers said, there were some second thoughts. Among them was the big question as to exactly how much GM stock Du Pont would divest itself of and how the decision would affect its big materials sales to GM. General Motors closed at 42Vi, off '-i.