CBS Shares Rush Higher In Strong List
NEW YORK.-May 28 (/P)._The CBS victory in the color television' fight pepped up interest today in a rising stock market.</br></br>The entire market moved ahead under the Basic influence of. demand for railroad issues. - The up-ward rush of CBS. shares was the frosting on the cake.</br></br>The CBS ÛÏAÛ and Û÷SBÛª* shares, which differ only in voting rights, rushed upward in response to buying orders. It was necessary for stock exchange officials to sus-</br></br>The ÛÏAÛ issue was third most active up 3% at 32Vs with 16,000 shares changing hands. The ÛÏBÛ issue was up 3V& at 31% with 71,100 shares traded.</br></br>The firm base for todayÛªs adr vance was formed in the second, hour by the railroads. Demand there spread to oils, steels, and motors with most of the other divisions contributing, to the advance.