Wall Street Shakes Doldrums; Dow Average Advances 29.42
NEW YORK, May 24ÛÓThe stock market arose suddenly from its recent doldrums today and t;an up one of its sharpest gains in history.</br></br>The Dow Jones industrial average advanced 29.42 to 924,44, an increase that Dow Jones said was approximately its fourth highest.</br></br>United Press International credited todayÛªs gain to news of the nationÛªs first trade surplus in 18 months while Associated Press noted that two rumors were making the rounds on the Street.</br></br>One had it that President Nixon soon would ease restrictions that now limit companies to dividend increases of 4 per cent a year.</br></br>The secondÛÓand more spectacularÛÓtold of John B. Connally returning to his former post as Treasury secretary and a return to the anti-inflationary controls of Phase II of the PresidentÛªs economic program.