Electronics Spark Modest Gain in Stocks: Trading at Sluggish Pace
NEW YORK, April 4 (AP)ÛÓA late spurt by electronics and selected Issues helped give a sluggish stock market an advance todayÛÓthe first in more than a week.</br></br>A 10-point leap by Texas Instruments, which went to a new high and soared through the 200 level for the first time, helped Inspire others of the ÛÏscienceÛ stocks. ,</br></br>Gains by some of the blue chip chemicals, selected utilities and a scattering of other pivotal stocks firmed the average despite an abundance of losses going from frac-ions to a point or so. Rails edged up on balance. Oils and aircrafts were mostly lower. Other major groups were irregular.</br></br>The Associated Press average of 60 stocks rose .20 to 214.40 with the industrials up .30, and the rails up .30 and the utilities</br></br>Western Union, which had reported lower earnings, was sold heavily and dropped 2VåÈ. Douglas Aircraft, which announced a 10 per cent pay cut for some 13,500 employes on the eve of stepped-up labor negotiations, fell 1%.