aiucKs Kegisier croaa Advance: Two-to-One Winnore
NEW YORK, June 3ÛÓThe prospect of life with higher income taxes pushed the stock market higher again today. Stock Exchange ticker tapes were unable to keep up with the floor pace for most of the day as prices jumped from the opening, absorbed some profit-taking around mid-day and closed near their best levels of the session.</br></br>The Dow Jones industrial average posted a gain of 6.38 points at 905.38. Only six issues \ in the 30-stock average lost ground, while the other 24 were all higher.</br></br>Standard & PoorÛªs 500-stock composite was ahead 1.31 point io 99.99 and the New York Stock Exchange index jumped 0.69 point to 56 19.</br></br>13.09	million turned over on Friday, a session crammed between the Memorial Day holiday and the weekend.</br></br>The closing box score showed an advantage of more than two-to-one for the winners. There were 913 advancing stocks and 443 declines. On Friday, In the first response to President JohnsonÛªs statement that he will accept $6 billion in spending cuts in return for enactment of his tax increase, there were 861 gainers and 425 losers. The number of new 1968 highs rose to 219 from 172 and new lows edged up to 16 from 14.