Late Buying Wave Erases Early Stock Losses: Some Good Gains Posted
NEW YORK, June 27 (APIÛÓAn irregular stock market ended today with a burst of buying strength and some substantial .gains by the most active issues.</br></br>The over-all list, however, was mixed although most popular averages closed the session with slight gains.</br></br>Early losses began to fade as the day wore on and interest warmed up enough in the final minutes to generate a buying wave accompanied by a late ticker tape.</br></br>There were so many original losses, however, that of the 1282 issues traded, losers outnumbered gainers by 529 to 486.</br></br>The Dow-Jones industrial average, which had sunk as much as 4.05 to 531.71 at noon, ended with a net gain of 1.22 at 536.98.